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Topic: Binance: $BNB The Future of Exchanges. - page 180. (Read 131491 times)

full member
Activity: 308
Merit: 102
September 04, 2017, 09:45:49 AM
News from Binance':

China PBoC Update

 Avatar  Binance
a few seconds ago Updated
Hi Everyone,

Regarding the recent announcement from China's PBoC banning all ICOs, we are working around the clock on a solution that will fully satisfy the new regulations in China, while preserving and enhancing features that are valuable to our western community, which accounts for more than 81% of our user base. We will share more details as they become available. Please be patient as we work through this process.

Thank you for your support!
member
Activity: 173
Merit: 12
September 04, 2017, 08:41:54 AM
Hopefully soon, but with the news out of China, not today or this week.
sr. member
Activity: 537
Merit: 250
September 04, 2017, 08:36:53 AM
Jesus Christ will Binance bounce back?
newbie
Activity: 82
Merit: 0
September 04, 2017, 07:31:58 AM
Sell:

126   0.02646000
0.00020999   72,398   15.20285602
0.00020500   44   0.00902000
0.00020001   500   0.10000500
0.00020000   101,030   20.20600000
0.00019999   1,660   0.33198340
0.00019990   508   0.10154920
0.00019285   358   0.06904030
0.00019272   45,303   8.73079416
0.00019250   4,260   0.82005000


Look closely!
They cancel their orders, just create a panic to buy even cheaper

full member
Activity: 420
Merit: 142
September 04, 2017, 07:17:20 AM
Oh, my bad. You got me on that one
newbie
Activity: 82
Merit: 0
September 04, 2017, 07:11:54 AM
Oh, and for the record. They offer USD crypto pairs (BTC and ETH)

 Wink

USD or USDT ? USDT - cryptocurrency too
full member
Activity: 308
Merit: 102
September 04, 2017, 07:10:10 AM
Sell:

126   0.02646000
0.00020999   72,398   15.20285602
0.00020500   44   0.00902000
0.00020001   500   0.10000500
0.00020000   101,030   20.20600000
0.00019999   1,660   0.33198340
0.00019990   508   0.10154920
0.00019285   358   0.06904030
0.00019272   45,303   8.73079416
0.00019250   4,260   0.82005000


full member
Activity: 308
Merit: 102
September 04, 2017, 07:08:23 AM
The fact they dont trade in fiat might actually be a chance for them at this point where Chinese cant trade on other exchanges they can still do on Binance. To look at it from a positive pov.  Cry
full member
Activity: 420
Merit: 142
September 04, 2017, 07:07:53 AM
Oh, and for the record. They offer USD crypto pairs (BTC and ETH)

 Wink
full member
Activity: 420
Merit: 142
September 04, 2017, 07:02:02 AM
Binance does not change currency-to-"cryptocurrency", they only offered exchange  cryptocurrency-to-cryptocurrency . Since this is not considered as a currency - not so bad . I do not think that much will change for Binance, it's just a temporary panic, and a good chance to buy at a lower price Smiley

And still their entire business model was heavily focusing on introducing Chinese coins to the market. The coin offering of the big coins is fairly limited as of now. They probably have to change their focus now if they want to survive.
newbie
Activity: 8
Merit: 0
September 04, 2017, 06:59:22 AM
don't have money left to buy more. Binance doesn't deal with fiat....Seems a temporary dip for BNB which rose several hundred percent in two weeks
member
Activity: 73
Merit: 10
September 04, 2017, 06:55:08 AM
Binance - The past of exchanges
newbie
Activity: 82
Merit: 0
September 04, 2017, 06:49:05 AM
from this thread

https://bitcointalk.org/index.php?topic=2148605.20

1. ICOs = illegal fundraising. Bitcoin and Ethereum are not currencies and should not be used as currencies in transactions.
2. No organizations and individuals are allowed to start ICOs, and ongoing ICOs should stop immediately with investments send back to investors.
3. (Important) No cryptocurrency exchanges are allowed to offer currency-to-"cryptocurrency" exchange any longer, a.k.a. e.g. no CNY-to-Bitcoin or Bitcoin-to-CNY exchange allowed.
4. Financial institutes that are not banks must not offer any related services.
5. Investors into ICOs must take full responsibility into their actions (that is to say, if you lose your assets through such "investment", no laws would protect you)
6. blah...


If #3 is correctly translated and true, this will be a huge blow for Binance. Not only the BNB token, but also Binance as a token exchange

Binance does not change currency-to-"cryptocurrency", they only offered exchange  cryptocurrency-to-cryptocurrency . Since this is not considered as a currency - not so bad . I do not think that much will change for Binance, it's just a temporary panic, and a good chance to buy at a lower price Smiley
full member
Activity: 420
Merit: 142
September 04, 2017, 06:39:56 AM
from this thread

https://bitcointalk.org/index.php?topic=2148605.20

1. ICOs = illegal fundraising. Bitcoin and Ethereum are not currencies and should not be used as currencies in transactions.
2. No organizations and individuals are allowed to start ICOs, and ongoing ICOs should stop immediately with investments send back to investors.
3. (Important) No cryptocurrency exchanges are allowed to offer currency-to-"cryptocurrency" exchange any longer, a.k.a. e.g. no CNY-to-Bitcoin or Bitcoin-to-CNY exchange allowed.
4. Financial institutes that are not banks must not offer any related services.
5. Investors into ICOs must take full responsibility into their actions (that is to say, if you lose your assets through such "investment", no laws would protect you)
6. blah...


If #3 is correctly translated and true, this will be a huge blow for Binance. Not only the BNB token, but also Binance as a token exchange
newbie
Activity: 8
Merit: 0
September 04, 2017, 06:33:14 AM
CZ wrote on reddit:
"First, we, the team, has not sold a single BNB coin. You can check this easily on Etherscan. The BNB contract address is: https://etherscan.io/address/0xB8c77482e45F1F44dE1745F52C74426C631bDD52 From there, you can find the contract creator's address: https://etherscan.io/address/0x00c5e04176d95a286fcce0e68c683ca0bfec8454"
A user commented:
"Everyone think how rare it is for a company to finish ico and never have sold a single coin so far. That is pretty rare and shows how much they think the company will grow into!! Proof is there!"
This is one of the most transparent projects run by a promising team. Still, I don't understand why price falling....

CZ's post on reddit
https://www.reddit.com/r/binance/comments/6w1xcm/binance_bnb_coin_value_analysis/dm6eibp/


newbie
Activity: 56
Merit: 0
September 04, 2017, 06:16:18 AM
BNB is 90 freakin' cents!!! I have seen it at $2.5 just days ago and then they got massive VC funding after that

I think it's low today because of the "dump" that's happening everywhere.

I can't believe BNB won't get bigger! It's backed by a full damn exchange - that  is the epitome of security. They show the BNB/BTC rate as their first rate on the site, they use BNB for their fees, they promote it every opportunity they get (50% discount on fees etc)

I just transferred my entire portfolio  on Binance ($200 or so) to BNB. Let's see!
newbie
Activity: 35
Merit: 0
September 04, 2017, 05:52:03 AM
Cool, just not only recovered all losses but get profit from BNB going from 16k to 25k, today will be crazy day for BNB, As always keep some bunch of them for future.


full member
Activity: 308
Merit: 102
September 04, 2017, 05:19:55 AM
Might actually be a good thing this, i guess many early adopters now sold. So the bottom might get even more stable now. Every new register pretty much buys BNB. Thats the logic behind why we invested in this seeing the price can only go up. As a noob i lovely bought in at 2.71 for a couple thousand.. Undecided  Grin Undecided Ive learned my lesson well, i got no money left to buy more now...  Sad
sr. member
Activity: 1216
Merit: 333
September 04, 2017, 05:17:30 AM
Today the course has collapsed because of the FUD on the ICO ..

But I'm confident about its potential.
sr. member
Activity: 364
Merit: 255
September 04, 2017, 04:27:16 AM
Man, so happy that I sold around 2$ despite a little loss
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