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Topic: binance exchange scam warrning (Read 422 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
February 08, 2018, 04:37:58 PM
#36
An exciting exchange here directly between John Mcafee and a Binance executive. This is the type of quality news reporting the crypto space is famous for - https://vocaroo.com/i/s1D1P48WrMBs
full member
Activity: 266
Merit: 100
February 08, 2018, 03:39:01 PM
#35
Lol. Stop spreading unnecessary FUDS that you didn't even care to study that much about. Clearly, you haven't been going around trying out other exchanges other than binance amd the few already famous ones. You should really validate first before you accuse anyone about anything because your actions can really break reputations. Wouldn't be nice if it was done to ya. Hope you keep this in mind. Just giving a friendly advice. No offense intended.
jr. member
Activity: 110
Merit: 5
February 08, 2018, 03:23:49 PM
#34
first binance has no location nor any info so they ain't regulated by anybody but them...  second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third their colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....



for people who gona say there aint no prove and the list goes on
 
this post is very funny it's a comic relief
full member
Activity: 420
Merit: 119
February 08, 2018, 02:56:37 PM
#33
Sad it's become the most popular exchange right now
am sorry but people love to see fast gains which is the trap they assume they gona make 2 or 3x in a day only some who got lucky and they had time to see and react to sell but its all very bad they making other people suffer so they gain which makes its horrible how can someone sleep knowing that they harmed other people ..... they allow pump groups to fake gains the lagging causes to sell even lower if even can sell which most of people cant sell that fast because bots are faster ...second coordinated groups they signal to sell at specific price and it will be too fast for to even react and because its fake gains the recovery could be never ......
The lag is cause of having many buyer in some of the coin, but if you don't want this to happen try using their mobile apps, when web server can't handle the load, mobile apps can still follow with the buy and sell.
full member
Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
February 08, 2018, 02:55:33 PM
#32
Ok, yall! It's just his own opinion bout that exchange. It's good tho, by the way.
but I really dont know why topic starter calls it scam. it's too much!
full member
Activity: 450
Merit: 122
February 08, 2018, 02:50:30 PM
#31
I don't think It is a scam.They were just on Forbes and they make real money I don't think they will leave earning that kind of money.
jr. member
Activity: 69
Merit: 2
February 08, 2018, 02:44:19 PM
#30
I consider binance as the best, but their maintenance of more than 24 hours without warning ...
yes.I think binance also a good exchanger....just msintenance.

Admin update :Telegram
Jager (Binance):
Bi-hourly update #3

We are traveling steadily, trading is still estimated to recommence at 4am UTC 2018/02/09.

Thank you all for continuing to remain so patient and understanding.

Reminder: We will allow a 30-minute window where users are able to cancel orders prior to trading being re-opened.
member
Activity: 109
Merit: 10
February 08, 2018, 02:32:57 PM
#29
I consider binance as the best, but their maintenance of more than 24 hours without warning ...
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
February 08, 2018, 02:30:15 PM
#28
I don't really understand where this place sprang from. I only heard of it in the last few weeks.

When it comes to listing coins they're greedy hookers who demand hundreds of thousands of dollars or more on top of buying their personal shitcoin to vote on it, so I wouldn't be surprised if they're front running the hell out of their customers.

As for a giant hack, I'll believe it when I see it. Until then it's maintenance.
legendary
Activity: 1526
Merit: 1026
SellDefi.com | Earn by selling files
February 08, 2018, 02:26:35 PM
#27
Cryptocurrencies exchange Binance has denied that it was hacked after a system upgrade prevented users from trading or withdrawing funds on Thursday, in a fresh reminder of the practical issues inherent in digital currencies.

https://amp.ft.com/content/c17f9cae-0caf-11e8-8eb7-42f857ea9f09
jr. member
Activity: 326
Merit: 1
February 08, 2018, 02:15:07 PM
#26
Binance is very famous exchange right now…& growing day by day so we can’t say it will be scam are going to scam in near future but the fact is also don’t be ignored that is some risk in all online exchanges.
it is currently binance is one of the currently famous exchange and many who use it, whether the news about binance is true, easy "an it is wrong and nothing will happen something bad or SCAM. but I think for example we are still a beginner to trading in situ seems too risky.
jr. member
Activity: 84
Merit: 3
February 08, 2018, 01:21:35 PM
#25
This is happening due to maintenance. I am using Binance for more than a year and very happy with their services.
jr. member
Activity: 166
Merit: 1
February 08, 2018, 01:08:35 PM
#24
Another centralized exchange having issues , I think their days are numbered
newbie
Activity: 17
Merit: 10
February 08, 2018, 12:48:31 PM
#23
Are you from poloniex?  Grin
Or just had a bad decision making which made you lose a trade?

Look, those colors wont matter if you know what you are doing. They can use bots if they want but it should not affect how you will trade too.
You might want to browse every exchange and trading websites even the small ones. Example is Yobit. Do you see how shitcoins are moving there? It is like somebody is selling and buying and yet there is none. But why is it still there?  Grin
binance has got huge reputation for nothing and i dont want more victims, binance is a very pro scam thats why i dont want people to fall into this and lose their money and people will find out sooner or later but how many will suffer ???i want to end this before more suffering that's said... yobit and others are too obvious to see and i dont think people gona trust yobit with 1 or more btc but binance is on another level of attracting victims with big gains its no diffrent that bitconnect scam 3x down in a day 2x down second day until its nothing now .........binance same bitconnect 2x 3 x 5x sometime in an hour imagin some one came and wants to invest and he think that price is normal .....oh god forbid
sr. member
Activity: 1512
Merit: 316
February 08, 2018, 12:35:06 PM
#22
why people spread the rumor is in maintenance let the technical update happen everything is normal with binance

Yes even on the twitter their is constant update happening about the site that it is undergoing the maintenance and will be up and running soon. they are constantly ensuring that such rumors are not spread and their is no panic unnecessarily being created in the market.
full member
Activity: 602
Merit: 100
February 08, 2018, 12:33:21 PM
#21
Binance is very famous exchange right now…& growing day by day so we can’t say it will be scam are going to scam in near future but the fact is also don’t be ignored that is some risk in all online exchanges.
hero member
Activity: 3052
Merit: 651
February 08, 2018, 12:31:22 PM
#20
Are you from poloniex?  Grin
Or just had a bad decision making which made you lose a trade?

Look, those colors wont matter if you know what you are doing. They can use bots if they want but it should not affect how you will trade too.
You might want to browse every exchange and trading websites even the small ones. Example is Yobit. Do you see how shitcoins are moving there? It is like somebody is selling and buying and yet there is none. But why is it still there?  Grin
newbie
Activity: 107
Merit: 0
February 08, 2018, 12:26:02 PM
#19
why people spread the rumor is in maintenance let the technical update happen everything is normal with binance
newbie
Activity: 112
Merit: 0
February 08, 2018, 12:03:54 PM
#18
first binance has no location nor any info so they ain't regulated by anybody but them...  second they use bots their own bots which keeps buying selling faster than any body that's why it lags so much when traffic are buying or selling ...third their colors pink and green to make u more nervous to make you rush into wrong decisions....and fourth they let pump groups to use their exchange freely once you buy your trapped ......i would recommend anybody who doesn't wana lose his wealth in a day to stay away from this exchange its a casino not an exchange ...fake u cant even tell if the volume is true or not ....



for people who gona say there aint no prove and the list goes on
 https://i.imgur.com/tOkHyyl.png https://i.imgur.com/eagNFtT.png https://i.imgur.com/7ilbuFY.png https://i.imgur.com/uNQSMmY.png https://i.imgur.com/MJTFfXv.png

Bro, imagine this is just the beginning for them, they barely have 1 year of existance. They will do everything step by step, just be patient and give them a chance. After all, pretty much all crypto exchanges have their minuses.
sr. member
Activity: 658
Merit: 250
February 08, 2018, 12:02:11 PM
#17
We can say the same about any criptocurrency exchange - Poloniex, Bittrex, Kraken. All these really good exchanges have negative mentions.  I used all these exchanges and I didn't have issues with it
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