Binance: $BNB The Future of Exchanges. - page 188.

kronos123

sr. member

Activity: 1022

Merit: 391

Quote from: epancis on August 23, 2017, 12:40:26 PM

is it too late to get into this?

Point of view!
It's never too late if you think it can be worth $ 10 in the future, or $ 50 or $ 100 .... who can know it?

I believe that Binance exchange by the end of the year will be the third exchange, so BNB currency can only grow that much!

Riuzan

member

Activity: 75

Merit: 10

Quote from: epancis on August 23, 2017, 12:40:26 PM

is it too late to get into this?

no, a lot of projects will be listed

Savik

full member

Activity: 364

Merit: 101

Quote from: elektibi75 on August 23, 2017, 11:37:46 AM

Quote from: Savik on August 23, 2017, 06:57:30 AM

Quote from: elektibi75 on August 22, 2017, 07:09:39 AM

At todays sale when everything is down I am going to put my money in BNB. Great potential returens right here!

Good move, we're up 15% in one day already. I'm excited for Sept 10 to see what they say at the conference.

What kind of conference will be on September 10th? I think I missed the news!

Here:

http://www.bitkan.com/event?from=coindesk

Ceo of Binance will be speaking at 15:15. I know it isn't a long talk, but he is sharing the stage with some serious heavy hitters that day.

epancis

member

Activity: 69

Merit: 10

is it too late to get into this?

elektibi75

sr. member

Activity: 326

Merit: 250

Quote from: Savik on August 23, 2017, 06:57:30 AM

Quote from: elektibi75 on August 22, 2017, 07:09:39 AM

At todays sale when everything is down I am going to put my money in BNB. Great potential returens right here!

Good move, we're up 15% in one day already. I'm excited for Sept 10 to see what they say at the conference.

What kind of conference will be on September 10th? I think I missed the news!

Kwnagi

newbie

Activity: 1

Merit: 0

Quote from: Sikka157 on August 23, 2017, 09:51:35 AM

What is BNB useful for? i know you get 50% off transaction fees for 1st year, 25% for second year
But
is it also like owning a share in the company??
If it is just transaction fee discount then i dont see how it is useful after 5 years when there is no discount in the transaction fee

If it is like owning a share, I would like to invest a small amount in it. Small amount because I dont have more money.

Quote from: Savik on August 21, 2017, 12:47:50 PM

Can you guys give me a quick run down of what this BNB coin actually is used for? Is it for paying trading fees on their exchange? Seems like it could be a great idea, assuming total exchange volume continues to increase and people trade more.

Edit: Nevermind, just found this very helpful post. Thanks badpeanut

Quote from: badpeanut on August 18, 2017, 07:10:24 AM

White Paper: https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf

Wallet: Its a ERC20 token

etherscan.io:

Token Address: 0xB8c77482e45F1F44dE1745F52C74426C631bDD52
Decimal Points: 18
Symbol: BNB

Repurchasing plan

Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until
we buy 50% of all the BNB (100MM) back. All buy-back transactions will be
announced on the blockchain. We eventually will destroy 100MM BNB, leaving
100MM BNB remaining.

Decentralized Exchange

In the future, Binance will build a decentralized exchange, where BNB will be used as
one of the key base assets as well as gas to be spent.

Sikka157

full member

Activity: 378

Merit: 101

What is BNB useful for? i know you get 50% off transaction fees for 1st year, 25% for second year
But
is it also like owning a share in the company??
If it is just transaction fee discount then i dont see how it is useful after 5 years when there is no discount in the transaction fee

If it is like owning a share, I would like to invest a small amount in it. Small amount because I dont have more money.

Xoce6patxopxe

full member

Activity: 350

Merit: 133

SIMPLE SHOPPING AND SAFE PAY

At the moment, centralized exchanges are more popular than decentralized exchanges, there can be more trust.

yua_na

full member

Activity: 434

Merit: 175

What makes binance the future of exchange ? I registered yhere we still need to depoait our coin there before we can trade. And what is definition of future exchanges ? We already have DEX which totally decentralized and now you can use DEX on your mobile waves wallet.

yillusion

full member

Activity: 280

Merit: 122

the price rocket to the moon recently, i used the exchange for several times, the interface is pretty simple, and the withdraw is fast at low rate, may the price still go high in the future

TobyTheCat

member

Activity: 173

Merit: 12

Quote from: KingCanute on August 23, 2017, 08:17:46 AM

Quote from: TobyTheCat on August 23, 2017, 08:04:13 AM

Doubled my money so far... I know a lot of people are holding, not sure. Might sell half of it and put it into something else...

I do wonder about a big dump in the next 24 hours with the fees being added etc. That being said, they seem to have a long term game plan.
RE: the Tron ICO, I'm not surprised no one was able to buy after a a minute. You had every frequent user on that site itching to buy it, even if just for the novelty factor. I know some people who were able to buy though, so not only for the whales.

I don't know. I mean I tried to purchase within the first 5 seconds of the ICO and it was sold out. Surely that's not how their first ICO should go. I mean maybe a cap of 1m coins per purchase or something.

There is another ICO coming tomorrow for 1.9bn coins. Expect that to sell out within 30 seconds then?

Regarding BNB, yep I've tripled on it so far, kicking myself I didn't have the funds to buy in when I first noticed it as I'd be up about 1500% by now!

I agree it was crappy. Quite sure the same thing will happen with the next one... Also, am I the only one that finds the site slow to load and sometimes buggy?

Thiet

newbie

Activity: 37

Merit: 0

Currently $ 2.66. Add 3-4 more days, then discount also okay Grin

KingCanute

newbie

Activity: 48

Merit: 0

Quote from: TobyTheCat on August 23, 2017, 08:04:13 AM

Doubled my money so far... I know a lot of people are holding, not sure. Might sell half of it and put it into something else...

I do wonder about a big dump in the next 24 hours with the fees being added etc. That being said, they seem to have a long term game plan.
RE: the Tron ICO, I'm not surprised no one was able to buy after a a minute. You had every frequent user on that site itching to buy it, even if just for the novelty factor. I know some people who were able to buy though, so not only for the whales.

I don't know. I mean I tried to purchase within the first 5 seconds of the ICO and it was sold out. Surely that's not how their first ICO should go. I mean maybe a cap of 1m coins per purchase or something.

There is another ICO coming tomorrow for 1.9bn coins. Expect that to sell out within 30 seconds then?

Regarding BNB, yep I've tripled on it so far, kicking myself I didn't have the funds to buy in when I first noticed it as I'd be up about 1500% by now!

TobyTheCat

member

Activity: 173

Merit: 12

Doubled my money so far... I know a lot of people are holding, not sure. Might sell half of it and put it into something else...

I do wonder about a big dump in the next 24 hours with the fees being added etc. That being said, they seem to have a long term game plan.
RE: the Tron ICO, I'm not surprised no one was able to buy after a a minute. You had every frequent user on that site itching to buy it, even if just for the novelty factor. I know some people who were able to buy though, so not only for the whales.

KingCanute

newbie

Activity: 48

Merit: 0

That Tron ICO was a complete joke. Literally refreshed my page and had put through a purchase order within 5 seconds (according to the clock on my comp) and still was too late to participate.

I'm beginning to think BNB/Binance runs for the whales. Not necessarily a problem but you need to be aware of it.

Savik

full member

Activity: 364

Merit: 101

Quote from: elektibi75 on August 22, 2017, 07:09:39 AM

At todays sale when everything is down I am going to put my money in BNB. Great potential returens right here!

Good move, we're up 15% in one day already. I'm excited for Sept 10 to see what they say at the conference.

Pete550

newbie

Activity: 51

Merit: 0

Quote from: badpeanut on August 18, 2017, 07:10:24 AM

Repurchasing plan
Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until
we buy 50% of all the BNB (100MM) back. All buy-back transactions will be
announced on the blockchain. We eventually will destroy 100MM BNB, leaving
100MM BNB remaining.

amazing... rapid growing in price each quarter..

elektibi75

sr. member

Activity: 326

Merit: 250

At todays sale when everything is down I am going to put my money in BNB. Great potential returens right here!

silverston

hero member

Activity: 952

Merit: 502

SAPG Pre-Sale Live on Uniswap!

But who knows how often it is planned to hold ico like a throne on a financial account? And it is desirable that they continued more than a minute))

CrowdFunder

sr. member

Activity: 364

Merit: 250

its crazy how all chinese tokens always do crazy moves, i have been in this from 40000 satoshi looks like it wa good move
i see they are now using binance token for ico too ! crazy stuff gonna happen, it will do like neo in long run it has to

Topic: Binance: $BNB The Future of Exchanges. - page 188. (Read 132065 times)