Pages:
Author

Topic: Binance Coin - Not Far From The Falling - page 8. (Read 12515 times)

legendary
Activity: 1442
Merit: 1025
I think binance is not going to drop anywhere. It may have some small drops and so forth but its going to be increasing in value as long as we have binance. If something happens to binance one day and it gets hacked so much that this time they have to close the exchange and what not, then yeah we can totally see BNB dropping to 1 satoshi and even more.

However, until that happens binance exists and bnb is its coin and everyone will be using BNB for a while and that will increase the value constantly. They burn BNB too which means there are more people using it everyday but less BNB existing as well which is perfect for a long term investment. I am not biased because I have no BNB in my account (just couple bucks from affiliates) so I am not saying this because I am some big BNB investor or something.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Binance Coin is pumped and it is pumped only because of the massive scale advertisement and hype that Binance has been doing over the past couple of months and the fact that their platform (the exchange) has been growing rapidly because the rest of them started scamming their users so they had to move their funds elsewhere.
like any other pumped coins, the bubble has to burst at some point and the price has to drop.
This isn't how to define a pump, and if you think it is then that doesn't fit Binance coin in. A pump is a rapid rise without anything substantial happening that could've made a said coin rise in price. As for BNB, there is a strong driving force towards its demand because of the several successful IEOs that it has executed on its platform where BNB is made a coin of purchase. BNB will continue to rise as long as Binance exchange continues to operate without scandals. I believe BNB can even do over $120 before the end of 2019. It's already at $34+ now.
full member
Activity: 312
Merit: 100
Honestly, it's hard for me to imagine that a binance coin can easily fall to the bottom, of course the price of a binance coin will not always rise and there will be a correction at times, but I think that big players will not let the binance coin fall completely and will constantly support bnb.
we have seen some BNB corrections, in each BNB growth there will be a correction afterwards. but for now with binance events I think BNB will continue to rise in the next few months.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
I am prefer hold BNB coin for long term. In my opinion, BNB Coin could following ethereum movement in 2017 and i think BNB Coin could reach $100 end this year. If DEX attract more project to join, i am believe BNB have good potential in the future beside using for binance IEO

It is a good decision for now.  Just make sure that you are well updated regarding news and SEC implementation with regards to exchange  that allow US citizen to use their service and participate in their IEO.
You can read this article about it. https://www.coindesk.com/secs-crypto-czar-says-exchanges-that-list-ieo-tokens-may-face-legal-risks

Honestly, it's hard for me to imagine that a binance coin can easily fall to the bottom, of course the price of a binance coin will not always rise and there will be a correction at times,

It is the same way it is hard to think that Binance can be hacked.  Once SEC take action against exchanges that accept or allow U S citizen to participate in their IEO and have proven that Binance is one of them,.. you know what will be next to BNB coin.

but I think that big players will not let the binance coin fall completely and will constantly support bnb.
Big players can't do anything once authority moves in.

I think its overbought now from the looks of the market anytime soon binance coin would be falling down since some traders would take some profits from the price hike. Though, the chance of binance coin after the correction would have greater chance to go up again. The large pump on binance coin would either last for 2 days in my opinion then it would be corrected.

I also think that Binance is overbought but I doubt that there will be a huge fall on the price, BNB market is greatly manipulated in my POV and CZ won't allow his creation to fall in value.
sr. member
Activity: 574
Merit: 251
I think its overbought now from the looks of the market anytime soon binance coin would be falling down since some traders would take some profits from the price hike. Though, the chance of binance coin after the correction would have greater chance to go up again. The large pump on binance coin would either last for 2 days in my opinion then it would be corrected.
member
Activity: 1764
Merit: 10
Honestly, it's hard for me to imagine that a binance coin can easily fall to the bottom, of course the price of a binance coin will not always rise and there will be a correction at times, but I think that big players will not let the binance coin fall completely and will constantly support bnb.
member
Activity: 700
Merit: 10
I cannot say that the binance coin price (BNB) will continue to improve or decline and fall. But if we look at its growth to date it shows growth that continues to improve in each week. I myself traded BNB in ​​this month. Currently the price reaches $ 35, amazing isn't it? Don't think about going down, but it's better if it keeps improving.

I am prefer hold BNB coin for long term. In my opinion, BNB Coin could following ethereum movement in 2017 and i think BNB Coin could reach $100 end this year. If DEX attract more project to join, i am believe BNB have good potential in the future beside using for binance IEO
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
the fact that binance came from a sad news that it was hack it didn't even affect the price.. binance is still a good coin consider/include it in your portfolio
BNB is also going well as it has increased its price from 28 US dollars to 33 US dollars in 1 day which is a good difference. I personally want to invest in such conditions when the market is completely bear one because it is funny enough to make a large collection of coins with certain amount of little money. It costs you less and results in the utmost possible returns when you sell them in complete bulls market.
sr. member
Activity: 602
Merit: 250
I cannot say that the binance coin price (BNB) will continue to improve or decline and fall. But if we look at its growth to date it shows growth that continues to improve in each week. I myself traded BNB in ​​this month. Currently the price reaches $ 35, amazing isn't it? Don't think about going down, but it's better if it keeps improving.
jr. member
Activity: 602
Merit: 2
I didn't feel Binance coin will fall, Binance focus is more bigger than 2017. CZ working hard and plans before IEO Launchpad. Some lottery or others to buy Binance coin.


Where she falls. She will only grow. And finance will gain more power over the market. Here is a unique strategy. I think this is a good investment.
copper member
Activity: 294
Merit: 1
While some where creating fud around $24 for Binance, some were predicting a pump up to $100, it is really crazy how things turn around in this crypto market, it is only those will to still take the risk are still in, if it gets to $100 their luck and it it goes against they may have one or two things to regret about it. So far I do not see any sign of dump on the way of Binance as the team keep pushing it upward with all development plans and soon coming Binance 2.0
hero member
Activity: 1414
Merit: 516
I think that even if the price will drop, after some time the Binance coin will continue grow but we will don't see soon a bigger price, but i think over time can have a good price and who invest now can take a profit.
copper member
Activity: 448
Merit: 3
I hope some persons didn't take this speculations and sell off their BNB, although speculating is good in this type of market, will also need to be careful not to take professional advise in all good project. For example, some persons predicted the bitcoin was  going to hit either $1500 or $2000 and some friends sold and waited in vain and would later buy the pump, here we are today.
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
Among existing exchanges having their own token, Binance coin is one of the greatest of them. It's currently at a good price which doesn't look like it's going to fall anytime soon. I know for sure that it has stabilized about most altcoins in the cryptocurrencies world. It's price crashing is something I don't see happening. It may shed a bit but not that low 
sr. member
Activity: 966
Merit: 274
The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.

If you will going to look at the RSI and MACD indicators and history, all the predictions are for the short term basis, we should not look at it as wider view actually, because just recently, binance just got in trouble, and in that case, these indicators are not been considered as investors have experience the 7k bitcoin hack.
copper member
Activity: 210
Merit: 1
Binance coin (bnb) is not anything close to falling, i made a post about bnb hitting $30 when it was just trading less than $10 . Binance is an high potential platform and it shows a more profit to hodlers who hodl till now.
sr. member
Activity: 798
Merit: 250
CurioInvest [IEO Live]
Eventually, it will make a correction. Nothing can rise forever.

And that correction can be bad because it is rising for a long time without any correction. So yes, falling can happen in a short time.
hero member
Activity: 924
Merit: 506
I am hearing some fud about the binance coin.

Right now little investors are buying and it made very big pump without any correction, and because it will be opened to margin trading many whales will open sell order and make a great profit while little investors will lose like always. That scenario came me logical but i can't pretend it will happen or not.
full member
Activity: 546
Merit: 100
Yes price falling is normal and one of characteristic of every crypto. And this is best time for every traders to buy and hold binance coin and wait to the right time to rise the price before to sell it. But I think this is part of the flow and we will be ready for huge rise again soon or we can say very soon.
sr. member
Activity: 896
Merit: 253
It was to be expected that Binance Coin price would drop after reaching new ATH. It's been one of the top performing coins during the 2018 bear market, I think it's going to continue to surprise.
Yes that drop is just a normal thing in the market. But as we can see that Binance coin price continue to rally upwards it is not because of technical analysis but Fundamental analysis alone. The development on Binance is still moving and we might see Binance coin going crazy upward again when the margin trading launches.
Pages:
Jump to: