Binance: $BNB The Future of Exchanges. - page 50.

dark1234

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Quote from: Jcga on May 09, 2019, 03:15:13 PM

Pretty boring crypto day^^
I would have not thought that Bnb coud have been hurted that much,
even with the 7k btc hacked news. Still confident about bnb.

believe it or not until now BNB is still one of the top exchanges even though we know some time ago BNB was hurt but this did not affect the volume and trading investment in it

Jcga

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Pretty boring crypto day^^
I would have not thought that Bnb coud have been hurted that much,
even with the 7k btc hacked news. Still confident about bnb.

dr.cheema

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Quote from: JollyGood on May 08, 2019, 07:22:28 AM

Quote from: niisarearning on May 08, 2019, 07:12:17 AM

After todays event binance no more safest exchange for all . It was quite good with latest IEO concept and other discount for BNB holder now they started to manipulated market they got to pay for that .

I am not impressed with Binance. Yes they will cover losses on this occasion but this hack will affect investor confidence.

No doubt! Many exchange users move to other exchanges cause of hack but i think now Binance will be more secure than before.
Agree with you that they will cover loss but users were not affected by this loss, plus point for binance that they care about users.

olumyd

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Quote from: JollyGood on May 08, 2019, 07:22:28 AM

Quote from: niisarearning on May 08, 2019, 07:12:17 AM

After todays event binance no more safest exchange for all . It was quite good with latest IEO concept and other discount for BNB holder now they started to manipulated market they got to pay for that .

I am not impressed with Binance. Yes they will cover losses on this occasion but this hack will affect investor confidence.

It's sad what happened to binance. However, it could have happened to any exchange and being the number 1/2 by 24 hours volume, it was bound to happen eventually.

cepot9

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Cryptocurrency addict | Invest at your own risk.

Quote from: kronos123 on May 09, 2019, 08:42:35 AM

Quote from: kronos123 on May 02, 2019, 04:15:28 PM

Binance was the first to introduce IEOs, the second after Coinbase to allow the purchase of Crypto with a credit card, and many other things have yet to come, such as leverage and loans.

Just 7 days ago I said this words on Binance exchange and after 2 days came out this announcement in which margin trading will come soon on the exchange, initially obviously only for the most traded pairs of Coin
https://cryptoslate.com/margin-trading-for-btc-bnb-eth-tron-and-xrp-could-soon-come-to-binance/

Regarding the probable Hack of the last few days we can see how this not only did not cause any shock to the market (in another period such an event would have caused a drop of at least 10%) but, after a small initial slip, Bitcoin and the market has continued to rise, touching new season highs; this means market strength and that the event was perceived as something of little relevance.

this is a good exchange risk and having a large trading volume will be the target of hacking by bad people, hopefully binance can overcome it because this results in their BNB directly experiencing a considerable decline

babarian

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Quote from: coininvesting1 on August 11, 2017, 01:27:45 PM

$BNB the ONLY coin where you can invest in the exchange. This will be a top coin for chinese/international traders. Eventually it will only be 100M supply.

don't deify Binance too, they're also not as perfect as you might think. a few days ago didn't they have a problem? come on, friend, nothing is perfect in this world. Binance might be the best now but it doesn't mean without flaws.

to be able to discuss events that happened to Binance you can visit the following link: https://bitcointalksearch.org/topic/binance-has-been-hacked-lost-7074-btc-5140477 or https://bitcointalksearch.org/topic/binance-hacked-7000-btc-stolen-5140494

kronos123

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Quote from: kronos123 on May 02, 2019, 04:15:28 PM

Binance was the first to introduce IEOs, the second after Coinbase to allow the purchase of Crypto with a credit card, and many other things have yet to come, such as leverage and loans.

Just 7 days ago I said this words on Binance exchange and after 2 days came out this announcement in which margin trading will come soon on the exchange, initially obviously only for the most traded pairs of Coin
https://cryptoslate.com/margin-trading-for-btc-bnb-eth-tron-and-xrp-could-soon-come-to-binance/

Regarding the probable Hack of the last few days we can see how this not only did not cause any shock to the market (in another period such an event would have caused a drop of at least 10%) but, after a small initial slip, Bitcoin and the market has continued to rise, touching new season highs; this means market strength and that the event was perceived as something of little relevance.

JollyGood

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Quote from: Sanitough on May 09, 2019, 07:23:30 AM

Quote from: JollyGood on May 08, 2019, 07:22:28 AM

I am not impressed with Binance. Yes they will cover losses on this occasion but this hack will affect investor confidence.

For sure, but that remains to be seen, as long as they continue to serve better compared to their competitors, they will still lead in the exchange industry.
This incident tells that no exchange is safe as even the best in the business were hack, the hacker is also giving this big statement to all of us.

Yes this incident tells us no exchange is safe but we still do not have details about how the took place and what actually happened. All we know is 7000 BTC were stolen because of a hack.

If Binance continue to server customers well compared to competitors then they should firmly still stay ahead of the rest.

Sanitough

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Quote from: JollyGood on May 08, 2019, 07:22:28 AM

Quote from: niisarearning on May 08, 2019, 07:12:17 AM

After todays event binance no more safest exchange for all . It was quite good with latest IEO concept and other discount for BNB holder now they started to manipulated market they got to pay for that .

I am not impressed with Binance. Yes they will cover losses on this occasion but this hack will affect investor confidence.

For sure, but that remains to be seen, as long as they continue to serve better compared to their competitors, they will still lead in the exchange industry.
This incident tells that no exchange is safe as even the best in the business were hack, the hacker is also giving this big statement to all of us.

JollyGood

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Quote from: niisarearning on May 08, 2019, 07:12:17 AM

After todays event binance no more safest exchange for all . It was quite good with latest IEO concept and other discount for BNB holder now they started to manipulated market they got to pay for that .

I am not impressed with Binance. Yes they will cover losses on this occasion but this hack will affect investor confidence.

niisarearning

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After todays event binance no more safest exchange for all . It was quite good with latest IEO concept and other discount for BNB holder now they started to manipulated market they got to pay for that .

Sanitough

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Quote from: Jcga on May 07, 2019, 08:31:43 PM

Quote from: consideritdone on May 07, 2019, 08:24:29 PM

BNB in trouble? but i think it will come back up again
https://www.coingecko.com/en/coins/binance-coin

I hope it's only 7k btc missing,
I guess yes as bnb is recovering pretty well. Not a big deal, the crypto must go on!

Regardless if the amount declared is right or wrong, it's not necessary for us to know anymore because they covered all the loses and it's just an inside incident which does not affect users of the site.

And yes, BNB is still at $20, and this incident only result to a slight dump.

Quote from: Jcga on May 07, 2019, 08:42:08 PM

at 3AM UTC there is a LIVE periscope AMA with CZ on twitter.
https://twitter.com/binance/status/1125930034663809024

Thank you for sharing.

Sonic103

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you can remember the AMA which talked about the problems of BNB
https://callisto.network/blog/post/ask-me-anything-with-dexaran-24-03-2019/

And Russian language
https://hashrate-and-shares.ru/ask-me-anything-with-dexaran-24-03-19

Jcga

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at 3AM UTC there is a LIVE periscope AMA with CZ on twitter.
https://twitter.com/binance/status/1125930034663809024

Jcga

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Quote from: consideritdone on May 07, 2019, 08:24:29 PM

BNB in trouble? but i think it will come back up again
https://www.coingecko.com/en/coins/binance-coin

I hope it's only 7k btc missing,
I guess yes as bnb is recovering pretty well. Not a big deal, the crypto must go on!

consideritdone

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BNB in trouble? but i think it will come back up again
https://www.coingecko.com/en/coins/binance-coin

ChiNgadOr

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Quote from: The Sceptical Chymist on May 07, 2019, 06:59:02 PM

Quote from: Jcga on May 07, 2019, 06:47:17 PM

https://binance.zendesk.com/hc/en-us/articles/360028031711

Awesome, so the deposit I made right before this happened is now stuck in limbo for at least a week. Fuckin' quality right here, Binance.

At least my stuck amount isn't all that large. I'm quite sure there are other Binance traders who have a lot more funds locked up for however long it takes Binance to complete their investigation. All I wanted to do was buy a little NEO and call it a night, but crypto exchanges have a strange talent for ruining people's plans.

If I knew of a better alternative, I'd ditch Binance in a heartbeat--but I've yet to see anything that's at least as good but not sketchy. It's like trying to find an honest mechanic.

My favourite: Kraken.. but only a few coins..it is depressing!

I expect from this, what i expected from binance in sommer 2017 when joined BInance's ICO (Now i hate BInance with all my soul!):
https://www.bw.com

The Sceptical Chymist

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Quote from: Jcga on May 07, 2019, 06:47:17 PM

https://binance.zendesk.com/hc/en-us/articles/360028031711

Awesome, so the deposit I made right before this happened is now stuck in limbo for at least a week. Fuckin' quality right here, Binance.

At least my stuck amount isn't all that large. I'm quite sure there are other Binance traders who have a lot more funds locked up for however long it takes Binance to complete their investigation. All I wanted to do was buy a little NEO and call it a night, but crypto exchanges have a strange talent for ruining people's plans.

If I knew of a better alternative, I'd ditch Binance in a heartbeat--but I've yet to see anything that's at least as good but not sketchy. It's like trying to find an honest mechanic.

rodel caling

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$BNB is one of th most trending today in the market is pretty have potential to uprise their value continuesly because of the devs support and people support due to continues investing.

Jcga

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binance hacked!

The hackers were able to withdraw 7000 BTC in this one transaction: https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea

Binance will use the #SAFU fund to cover this incident in full. No user funds will be affected.

https://binance.zendesk.com/hc/en-us/articles/360028031711

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