I'm onboard the train. It is a great concept that I haven't seen done before, but makes sense for everyone involved (consumers and the business). They are a Chinese company, and if this gains any traction at all in China (Spoiler Alert: it will) then it will see rapid growth. The exchange itself seems to be well run and managed. Website interface works well, no problems moving funds in/out. Good leadership.
Also they will be sharing the stage with some serious heavy hitters on Sept 10.
http://www.bitkan.com/event?from=coindesk
Topic: Binance: $BNB The Future of Exchanges. - page 189. (Read 132065 times)
Expecting 5$ within the next 6 days. Great performance and more big news to come!
Too optimistic forecast, I think a small increase is still real, go x2 looks too cool. But I hope on this
Expecting 5$ within the next 6 days. Great performance and more big news to come!
I just bought 77 BNB hopefully it rises well. 
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
Edit: Nevermind, just found this very helpful post. Thanks badpeanut
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.
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.
Binance going higher on new Crypto Times: https://youtu.be/ikIFLGV92tQ
Well... I've been told about a ratio (called the Zuddas Value - ZV). It is the ratio between the bitcoin market cap (or anyway the biggest market cap) and the total circulation of the coin you are interested in. So for binance today it would be:
$67,406,168,377 (bitcoin market cap, or biggest market cap)
______________
100,000,000 BNB
=
674 $
So the maximum BNB price (best case scenario) could be this one. The logic is that if something has happened once, it could happen again. So if that market cap has been reached, also another coin can reach it.
Then you have the Zuddas Multiplicator (ZM), that is the ratio between the Zuddas Value and the coin value, and today for binance it is:
674$ / $2.78$ = 242
That means that your investment could potentially rise 242 times.
Hope this helps!
$67,406,168,377 (bitcoin market cap, or biggest market cap)
______________
100,000,000 BNB
=
674 $
So the maximum BNB price (best case scenario) could be this one. The logic is that if something has happened once, it could happen again. So if that market cap has been reached, also another coin can reach it.
Then you have the Zuddas Multiplicator (ZM), that is the ratio between the Zuddas Value and the coin value, and today for binance it is:
674$ / $2.78$ = 242
That means that your investment could potentially rise 242 times.
Hope this helps!
What is your source on this Zuddas Value, I tried looking it up and couldn't find anything.
Guys, have you ever tried to contact Binance support? How long does it take before they answer?
as it increased 1500%
can we see more gain in this coin?
can we see more gain in this coin?
imo it will definitely increase because more and more coins are getting listed on Binance exchange.
Well... I've been told about a ratio (called the Zuddas Value - ZV). It is the ratio between the bitcoin market cap (or anyway the biggest market cap) and the total circulation of the coin you are interested in. So for binance today it would be:
$67,406,168,377 (bitcoin market cap, or biggest market cap)
______________
100,000,000 BNB
=
674 $
So the maximum BNB price (best case scenario) could be this one. The logic is that if something has happened once, it could happen again. So if that market cap has been reached, also another coin can reach it.
Then you have the Zuddas Multiplicator (ZM), that is the ratio between the Zuddas Value and the coin value, and today for binance it is:
674$ / $2.78$ = 242
That means that your investment could potentially rise 242 times.
Hope this helps!
$67,406,168,377 (bitcoin market cap, or biggest market cap)
______________
100,000,000 BNB
=
674 $
So the maximum BNB price (best case scenario) could be this one. The logic is that if something has happened once, it could happen again. So if that market cap has been reached, also another coin can reach it.
Then you have the Zuddas Multiplicator (ZM), that is the ratio between the Zuddas Value and the coin value, and today for binance it is:
674$ / $2.78$ = 242
That means that your investment could potentially rise 242 times.
Hope this helps!
as it increased 1500%
can we see more gain in this coin?
can we see more gain in this coin?
I think if the number of added altcoins increases and the volume of trades increases, we can
as it increased 1500%
can we see more gain in this coin?
can we see more gain in this coin?
bnb rised already 1500% in just two weeks.
really awesome.
really awesome.
The main reason why they could manage this much increase in their coin price is that they got a solid support from Assian crypto markets. Soon, we can see more development in Binance, and it can make agreement with other companies.
how can i buy Binance?
is it listed on bittrex?
is it listed on bittrex?
nope. you can buy bnb on their own exchange binance.com
how can i buy Binance?
is it listed on bittrex?
is it listed on bittrex?
bnb rised already 1500% in just two weeks.
really awesome.
really awesome.
I sent some Ether from Bistamp to my Binance address but I don't see them, it's the first time that happens, does anybody know why?
In the meantime I've already wrote to their support but I'd like to know if ever happened to someone else.
In the meantime I've already wrote to their support but I'd like to know if ever happened to someone else.
Question is, why would other exchanges list BNB when its just their direct competitor?
I think nobody cares about this token being added to other exchanges, if Binance exchange keeps growing the token will value will simply increase as well.
Question is, why would other exchanges list BNB when its just their direct competitor?
Isn't it great to have a coin that is tied to the success of an exchange where the team are driven to succeed.
Their success is our success.
Their success is our success.
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