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Topic: Binance: $BNB The Future of Exchanges. - page 184. (Read 132065 times)

sr. member
Activity: 1022
Merit: 391
August 28, 2017, 04:36:10 PM

Binance coin had an x20 price increase in about 20 days.
It's normal that it has a slight downturn, consolidation, before you can go up again ... or you think it can go up to $ 50-100 in a month, and maybe just fix $ 5 and then start up again $ 200?
This is madness!

Rather look at what happened to other coins that grew so much, x20 in a month, (PIVX, Monero, Dash and even the famous Eth have lost more than 50-60-70% of their Ath in satoshi !!!)
This is a fact!

Binance coin has lost just 20% and you weep as children!
full member
Activity: 308
Merit: 102
August 28, 2017, 08:37:59 AM
Its getting more stable EVERY day. Bottom keeps expanding. People talkin about manipulating the price. Im not buyin this. These where the early adopters. Simple as that. Long term holders can still make these gains we were hoping for imo. I hope ofcourse, but i think thats how it kinda is.


(didnt read/saw the above message before postin this...since i delayed my message half an hour mind u :p )


Another wonder i have is... what if, and if, the price of one bnb turns to $50. How attractive is that for small investers? I think not to much. Thoughts?
newbie
Activity: 25
Merit: 0
August 28, 2017, 08:07:29 AM
I am completely convinced that Binance themselves are the ones keeping this coin under the price of 2.80. Every time it approaches this amount massive sell walls pop up to crash it back down. We would have easily broken $5 by now if not for this blatant manipulation.

You may ask why they would do this, answer is simple. They have to buy back 100 million of these coins with their own profits, so if it hits $20 a coin like it probably would in a month or two without their manipulation they will pretty much be buying these back for eternity. If you read the white paper Binance and their investors get an extra 16 million coins every year released to them, and they are using it to crash the price since they are forced to buy back 100 million tokens

It is completly not true, look the respond from ceo:
https://www.reddit.com/r/BNBTrader/comments/6waq0p/cz_ceo_of_binance_responds_to_fud_that_binance_is/

There is now some carousel and some panic of the people on binance but i am completly sure that in one month there will be huge grows, just a little patient
full member
Activity: 308
Merit: 102
August 27, 2017, 05:04:51 PM
Where can i store my BNB? Im still looking for a wallet.

Also, if they buy back at a certain time, would it be an option to just buy before the buy back to make a quick profit?

I wonder..

Btw. Here some stats Binance stated. Looks good.  https://binance.zendesk.com/hc/en-us/articles/115001292531

sr. member
Activity: 364
Merit: 255
August 27, 2017, 02:23:30 PM
binance will destroy some part of bnb in Q3 and then we will see another huge pump

What is the reason for it? Token burning to pay profit to token holders?

I know binance adding some tokens on their platform, and the trade activities are expanding. This will trigger an improvement on the project.
I don't really know all the logic. I only know that they will spend 20% of their profit to buyback bnb and burn it each quarter. You can read about it here https://www.reddit.com/r/binance/comments/6tii6z/binance_coin/
full member
Activity: 225
Merit: 100
August 27, 2017, 01:43:06 PM
binance will destroy some part of bnb in Q3 and then we will see another huge pump

What is the reason for it? Token burning to pay profit to token holders?

I know binance adding some tokens on their platform, and the trade activities are expanding. This will trigger an improvement on the project.
sr. member
Activity: 364
Merit: 255
August 27, 2017, 01:33:44 PM
binance will destroy some part of bnb in Q3 and then we will see another huge pump
sr. member
Activity: 1022
Merit: 391
August 27, 2017, 09:08:36 AM
In my opinion, they will not, because when coin binance reaches $ 10 then they will say that it is little and in one week it reaches $ 20, and the month after arrives at $ 50.

People are greedy, stupid and forget things and the past, and
Always make the same mistakes.
And whales are thankful   Grin
newbie
Activity: 42
Merit: 0
August 27, 2017, 08:46:50 AM
They will agree once it's x10 from current price Cheesy
 Cry Cry Cry Cry Cry
sr. member
Activity: 1022
Merit: 391
August 27, 2017, 08:15:03 AM
It is always fun to see new guys making their predictions on a new coin that has just one month of life!
What are you talking about?
The only forecast or technical analysis you can do is only 4-5 coins in the 900 that are in marketcap, ie coins that have at least 2-3 years of history.
For example, Eth can not apply technical analysis, let alone with binaries.
And you come here to say that its fair price is $ 0.5 or $ 1 or $ 1.5?
Have fun!
full member
Activity: 308
Merit: 102
August 27, 2017, 06:35:29 AM
I think BNB goes down to 0,5$

Thats its real price

And how did you come to this conclusion? Just out of the blue you drop the info that the coin is worth almost third of its current price?Smiley

Look at the graph, its a logical pump n dump graph setup.... it will most likely go down to about 20.000 satoshies... more or less... now that can also be 2USD at that time IF btc rises that much... but I am assuming stagnating btc price give or take a few percent.... so that means roughly 1USD... give or take.

its pump n dump... graph shows it.

There is just a lot of selling goin on by the early adopters. I mean if this company continues to perform well, then the bnb price can only rise when all the pumpers are out. Then.. it should only go up, since there no more (or that many) below the $2 range. I think thats basicly it. At least i hope ofcourse. But any more light on it is welcome, :p
legendary
Activity: 1708
Merit: 1048
August 27, 2017, 05:59:41 AM
it will pump and dump/repeat as all crypto does
member
Activity: 144
Merit: 10
August 27, 2017, 05:33:05 AM
I think BNB goes down to 0,5$

Thats its real price

And how did you come to this conclusion? Just out of the blue you drop the info that the coin is worth almost third of its current price?Smiley

Look at the graph, its a logical pump n dump graph setup.... it will most likely go down to about 20.000 satoshies... more or less... now that can also be 2USD at that time IF btc rises that much... but I am assuming stagnating btc price give or take a few percent.... so that means roughly 1USD... give or take.

its pump n dump... graph shows it.
newbie
Activity: 51
Merit: 0
August 27, 2017, 05:16:24 AM
thats just normal dump pump.
whales want profit.
just relax. bnb will rise with time.
newbie
Activity: 5
Merit: 0
August 27, 2017, 05:04:37 AM
If it goes down to 1$ or less i would totally buy it. Binance is launching new projects and accepting more coins so imo the value will rise again
full member
Activity: 308
Merit: 102
August 27, 2017, 03:56:45 AM
Is there a chance that when they buy back the price will suddenly go up? Meaning people can chime in just before. Buy and dump it quickly? So far for the rise. So hyped and now this. Its probably a correction though. It went up like crazy anyway. Lesson learned i guess. considering buying at peak.  Sad
jr. member
Activity: 60
Merit: 2
August 27, 2017, 03:46:50 AM
I think BNB goes down to 0,5$

Thats its real price

And how did you come to this conclusion? Just out of the blue you drop the info that the coin is worth almost third of its current price?Smiley
member
Activity: 144
Merit: 10
August 27, 2017, 03:35:57 AM
I think BNB goes down to 0,5$

Thats its real price
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