Topic: Binance: $BNB The Future of Exchanges. - page 175. (Read 132065 times)
Yeah, joined Binance becauese of their coin and also Bitquence. But stayed because i kind of like the platform
Someone has also fear like me that one day Binance could go offline? I mean the Chinese Goverment is against Crypto and especialy against ICO. The biggest factor on Binance is investing in new ICOS.
I transfered last days all my holdings away from Binance in hope that if something will happen I will not be part of this.
I transfered last days all my holdings away from Binance in hope that if something will happen I will not be part of this.
https://binance.zendesk.com/hc/en-us/articles/115001458532-Binance-System-Upgrade-Complete :
>>>>>Binance System Upgrade Complete
Dear all,
Binance system upgrade is completed. We will open trading at 7:00 AM (Beijing Time). Before that, you can cancel your previous orders in Orders>Open Orders menu, to avoid price fluctuations that happened during our maintenance period.
If your IP address is located inside China, you will not be able to place new orders. You can still cancel your previous orders.
Thank you for your support!
Binace Team
2017/09/07<<<<<
Just logged in, everything seems to work, even faster than before!
>>>>>Binance System Upgrade Complete
Dear all,
Binance system upgrade is completed. We will open trading at 7:00 AM (Beijing Time). Before that, you can cancel your previous orders in Orders>Open Orders menu, to avoid price fluctuations that happened during our maintenance period.
If your IP address is located inside China, you will not be able to place new orders. You can still cancel your previous orders.
Thank you for your support!
Binace Team
2017/09/07<<<<<
Just logged in, everything seems to work, even faster than before!
What should I Do with my LLTokens?
It sounds like there will be some sort of refund plan announced by the LLT team. This was posted on Binance earlier:
https://binance.zendesk.com/hc/en-us/articles/115001444731
What should I Do with my LLTokens?
It will be interesting to hear what the CEO says at the conference on the 10th. I am sure there will be lots of questions about future plans now that the Chinese ICOs are frozen.
Binance gonna focus more on customers outside China which is what they should v done from the get go. These weird Chinese coins nobody has ever heard of dont serve non Chinese. No coin should ever be listed again that is foreign to an international public.
The web site is back up but can't place any trades. anyone else having the same problem? I get an error saying it is outside of trading time.
Trades will be back 7:00...in 8 mins. They left time for people to cancel sell orders
The web site is back up but can't place any trades. anyone else having the same problem? I get an error saying it is outside of trading time.
I did a great review on Binance and the situation around it, because I do not want to risk real money for nothing.
in Russian, you can use subtitles for other languages or those who wish can help with the translation
https://www.youtube.com/watch?v=0MxRYSjlO20&t=0s
in Russian, you can use subtitles for other languages or those who wish can help with the translation
https://www.youtube.com/watch?v=0MxRYSjlO20&t=0s
I bought in at a high of 2.71 as a noob for a couple thousand. Those who said it could go easily to $5 in a week were probably just those who bought in the ICO for a couple cents. To ramp up the price. They will get their karma. When i read these claims is what made me decide to go for it.
I was like, fuck it, this seems like a golden oppurtunity. It was allready bad before this and this is like worst case scenario. And mayb later its gone completely, who knows.
I was like, fuck it, this seems like a golden oppurtunity. It was allready bad before this and this is like worst case scenario. And mayb later its gone completely, who knows.
Do not worry about being a friend, it's not always as you say.
I also bought Binance coin at $ 2.3 and I am also losing money now but it is part of the "game".
I believe in exchange and I'm backing it from the beginning, as you can see, and I'm sure it will resume and will surprise many.
I do not seek quick and easy gains, I prefer to choose good projects and coins for months and years, as you can see in my coin in my signature
Quote
I could never quite figure out where the value of the BNB coin comes from. Even with more users, it wouldn't necessarily have to effect the price of BNB. How do you derive the value of BNB?
Well they are planning to play games with it and also celebrate the Chinese newyear with BNB.
binance @binance_2017 20m20 minutes ago
Hi, we have a system upgrade from 2017/09/07 00:00 (Beijing Time). The upgrade is expected to last 2-3 hours.
0 replies 0 retweets 1 like
Wasn't panicked. I like Binance very much by the way and will continue to use it. I feel bad for the newly issued tokens out of China and what I really don't understand is why they're getting killed in price. I would think since ICOs are off the table, Chinese buyers would support the newest coins unless they fear that they are going to be recalled- which they aren't. Very strange.
I think the difficulty with the BNB coin is determining its value. Discounted fees i understand but why would that drive the price of the coin? Whether the coin is $1 or $10, makes no difference for the discount. If I buy $100 of BNB to use for fees, whether I buy one 1 bnb or 50bnb for that same $100 doesn't matter. Besides this, the discount will be gone in a few years and yes, they will be burning coins. If they have to buy the coins with their own profits to burn them, why would they want the coin higher price? I could never quite figure out where the value of the BNB coin comes from. Even with more users, it wouldn't necessarily have to effect the price of BNB. How do you derive the value of BNB?
Hi, we have a system upgrade from 2017/09/07 00:00 (Beijing Time). The upgrade is expected to last 2-3 hours.
0 replies 0 retweets 1 like
Wasn't panicked. I like Binance very much by the way and will continue to use it. I feel bad for the newly issued tokens out of China and what I really don't understand is why they're getting killed in price. I would think since ICOs are off the table, Chinese buyers would support the newest coins unless they fear that they are going to be recalled- which they aren't. Very strange.
I think the difficulty with the BNB coin is determining its value. Discounted fees i understand but why would that drive the price of the coin? Whether the coin is $1 or $10, makes no difference for the discount. If I buy $100 of BNB to use for fees, whether I buy one 1 bnb or 50bnb for that same $100 doesn't matter. Besides this, the discount will be gone in a few years and yes, they will be burning coins. If they have to buy the coins with their own profits to burn them, why would they want the coin higher price? I could never quite figure out where the value of the BNB coin comes from. Even with more users, it wouldn't necessarily have to effect the price of BNB. How do you derive the value of BNB?
be patience. it is planned maintance as mentioned.
they won't go too far with this potantial.
they won't go too far with this potantial.
Just checked Binance.com Site seems to be down. I've still got like .75btc worth of stuff on there.
an upgrade is now due and so is the site down. the upgrade should take 2-3 hours.
no fear ... binance comes back even stronger!
Just checked Binance.com Site seems to be down. I've still got like .75btc worth of stuff on there.
When I get my ass kicked on a coin, I usually get to know its price patterns far better than any other. Oax was this coin for me. Down about 60% on it and it's been hovering at what I hope is a bottom for a week. Since I still like the coin I deploy a simple strategy- I'll buy more at what I think is the low of the trading range and place a sell 10-15% above it. If it takes, great. If it doesn't, I am averaging down. My investment in Oax is 4k usd. Worth about 1600 now. I've successfully traded it five times now buying 2k worth, making on average, 220. Of the 2400 I'm down on Oax. To me, I've had 1100 of the losses back on Oax so I'm effectively only about 30%. That's a reason to only buy coins you believe in. If the trade doesn't work, I don't mind holding the coin and averaging down.
I bought in at a high of 2.71 as a noob for a couple thousand. Those who said it could go easily to $5 in a week were probably just those who bought in the ICO for a couple cents. To ramp up the price. They will get their karma. When i read these claims is what made me decide to go for it.
I was like, fuck it, this seems like a golden oppurtunity. It was allready bad before this and this is like worst case scenario. And mayb later its gone completely, who knows.
I was like, fuck it, this seems like a golden oppurtunity. It was allready bad before this and this is like worst case scenario. And mayb later its gone completely, who knows.
Yeap, it is always like that... those who are saying HODL are ones with low entry or with a great loss
Now try to daytrade to lower your entry price... it will take some time to get back to 2.x level...
For those too lazy to click:
"Hi Everyone,
In accordance with the recent notice from China PBoC and requests from various government offices, Binance will make the following adjustments:
Per requests from their respective core teams, we will suspend trading and deposit services of the following tokens: HCC, LLT, ELC, BTM, YOYO. Withdrawal will continue to work. Each team will announce the refund plan of their tokens.
We will restrict all Chinese IP addresses from trading. They will continue to be able to visit the user center and make withdrawals.
Binance will perform a system upgrade from 2017/09/07 00:00 (Beijing Time). The upgrade is expected to last 2-3 hours. We will suspend registration, login, deposit, withdraw and trading during the upgrade. We will try to shorten the downtime as much as possible. The above 2 changes will be in effect after this upgrade.
Going forward, Binance will refocus and redouble our efforts in servicing our international audience, which currently accounts for 82.5% of our user base (according to Alexa). We will also speed up listing of popular western coins. We want to thank the communities for supporting us, and will list 5 coins from the voting list. Details will follow.
As always, thank you for your strong support!
Binance Team
2017/09/06"
VERY much still alive and will continue to grow their exchange. Don't buy into the fud. Buy into BNB while it is still low
I bought in at a high of 2.71 as a noob for a couple thousand. Those who said it could go easily to $5 in a week were probably just those who bought in the ICO for a couple cents. To ramp up the price. They will get their karma. When i read these claims is what made me decide to go for it.
I was like, fuck it, this seems like a golden oppurtunity. It was allready bad before this and this is like worst case scenario. And mayb later its gone completely, who knows.
I was like, fuck it, this seems like a golden oppurtunity. It was allready bad before this and this is like worst case scenario. And mayb later its gone completely, who knows.
Eh don't worry about it. Still not restricted by Binance nor is it a Chinese ICO. The dump was primarily because of the #3 Chinese token holder dumping his shares for profit before the Chinese ban.
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