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Topic: Binance is a threat to the crypto space - page 5. (Read 10274 times)

member
Activity: 602
Merit: 10
When its about list or delist a coin or token, its about exchangers authority. Exchanger have a full right to delist a coin or token for many reason and i dont think binance is a threat for crypto space because most coin listed are good project with working product
when there is a project that is not running and does not have a trade, I think it will be mandatory to dispose of the list of assets listed in their exchange. therefore an exchange must indeed make the best selection to become a requirement for an asset registered in their exchange.

Indeed, exchangers must be have consideration before listing or delsting a project. Start from developers team inactive or daily transaction not reaching exchangers target. Good exchangers should be make a good selection new listing project because its about their member investment
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

i think its better for all exchange to delisted all bitcoin fork buddy,,
because personally i didn't agree with the fork on bitcoin
and about binance, i think not only binance, but all exchange have its own terms to delists or add any coins buddy
regards
hero member
Activity: 2520
Merit: 952
I disagree. Cz is blessing to crypto community, his trust and integrity has made what Binance today is!

Regarding centralization, I don't mind it as long as the power is used against bs (here bsv).
legendary
Activity: 2674
Merit: 1048
As you know Binance is No.1 crypto exchange in the world and most of users are trading on Binance and in future may be Binance will full hold on all market.
Don't be too ambitious, an exchange can be made and they (user) can turn away from binance. It's only a matter of time, as you may know a few weeks ago binance has been hacked, meaning that there are some gaps that hackers can access again and it supposed for every binance user be aware of this problem.
member
Activity: 291
Merit: 20
I love my wife and my little girl
Binance has been on their pathway to become another dangerous giant in crypto, after Bitman. Binance's CEO and their team are very good to catch hot trends in crypto, they took over positions of Poloniex, then Bittrex, and became the biggest crypto exchanges within months. After that, their IEOs, and margin tradings will help them to build up much stronger position in crypto. Their effects, now, are widely in so many nations, and globally crypto communitites. In my opinion, it is interesting to see how margin tradings on Binance grow and whether it will take over the position of Bitmex in terms of margin tradings in the coming years.
copper member
Activity: 224
Merit: 0
This really got me laugh has I can't really see why you said this cos its just an exchange like every other exchange in the crypto community but doing some special promo which makes it boom than expected .

The likes of other exchange never thought of using utility coin but it does with a marketing strategy of bonus to every trade you made using their coin .

It has also gain ground on the volume generating as best exchange with real volume with best of token and coin listed on it . so I dont see it as a threat to the crypto space but who knows tomorrow another exchange might come up with better plan and take the lead as well just the way it does from other top exchange then.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
When its about list or delist a coin or token, its about exchangers authority. Exchanger have a full right to delist a coin or token for many reason and i dont think binance is a threat for crypto space because most coin listed are good project with working product
when there is a project that is not running and does not have a trade, I think it will be mandatory to dispose of the list of assets listed in their exchange. therefore an exchange must indeed make the best selection to become a requirement for an asset registered in their exchange.

Yes, the exchanges will do their job to make a selection for the project which is not running. I am sure binance will do this as that is what the other exchanges did. Binance wants to make their exchange become larger and globally so they need to have a good list of cryptocurrency so their member can trade without any problem. Yes, that will be difficult to select the project, but I am sure that binance can handle that thing.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/
One thing you should understand is that there is no platform that is not lead by someone that will succeed so much, I know you will want to use bitcoin as an example on what you are trying to say, but even till today there is a team in charge of releasing bitcoin upgrades called the bitcoin core, and even though they never created the bitcoin code, they have always been in charge of maintaining the code, so it's a good thing that CZ is putting it open himself to make sure the project succeed.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
When its about list or delist a coin or token, its about exchangers authority. Exchanger have a full right to delist a coin or token for many reason and i dont think binance is a threat for crypto space because most coin listed are good project with working product
when there is a project that is not running and does not have a trade, I think it will be mandatory to dispose of the list of assets listed in their exchange. therefore an exchange must indeed make the best selection to become a requirement for an asset registered in their exchange.
hero member
Activity: 1274
Merit: 516
and who's Vitalik to talk about Binance centralization? Actually, BSV and Craig Wright are hated by virtually everyone in the space not because of just the centralization but also the threats and uneccesary panic he's caused in the space. CZ on the other hand hasn't threatened anyone but is focused on his business and so why do you even compare them lol? CZ is a businessman lol and he hasn't forced anyone to use Binance and its conglomerates. People like it because he's the best or one of the best, and those are the facts!

I have to agree with this, Binance work hard to be recognized as the best exchanges, and people are willing to trade in that site, so I don't think monopoly and threat are the correct word for Binance, for now people are choosing the best platform to used and Binance is the best for now
member
Activity: 602
Merit: 10
Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

When its about list or delist a coin or token, its about exchangers authority. Exchanger have a full right to delist a coin or token for many reason and i dont think binance is a threat for crypto space because most coin listed are good project with working product
sr. member
Activity: 1330
Merit: 289
I don't really think Binance poses threat to crypto space , rather binance has been a pillar to an extent. Everyone will agree with me that Binance revived token sale via IEO, it also boosted the overall market cap couples with the great news and updates.
newbie
Activity: 1
Merit: 0
As you know Binance Exchange is number 1 exchange in crypto world and growing day by day,So Binance is creating monopoly and this is not good for crypto market.
hero member
Activity: 1638
Merit: 518
Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

i disagree for now, for now!
as i see,CZ seems normal, i mean he not using their power for something like u say.
and about delisting BSV, craig deserve it.
like u see recently, craig still continue to harashing BNB but CZ seems doesn't care about it.
,whatever craig say about bnb just money loundry place or another negative,CZ still calm.

yes, maybe someday it's can be happened, but hopely its never be happened.
member
Activity: 574
Merit: 10
There is a threat to decentralization from binance, but CZ does so much for crypto currency and I believe there is no other way to achieve it.
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
It makes sense that Binance really gives threat to the cryptocurrency. It is considered as the biggest exchange of cryptocurrency and all people believe and put their trust in it. Although it had a problem with hackers, this exchange can recover and increase the trust of all members. And it also has its own coin that really makes a great move to rank 7 in CMC.
sr. member
Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/
If Binance was the only exchange, then there would be problems, but there are a lot of exchanges and there is no threat of monopolization of the market.
member
Activity: 546
Merit: 12
and who's Vitalik to talk about Binance centralization? Actually, BSV and Craig Wright are hated by virtually everyone in the space not because of just the centralization but also the threats and uneccesary panic he's caused in the space. CZ on the other hand hasn't threatened anyone but is focused on his business and so why do you even compare them lol? CZ is a businessman lol and he hasn't forced anyone to use Binance and its conglomerates. People like it because he's the best or one of the best, and those are the facts!
member
Activity: 728
Merit: 14
so far i see no danger from binance. yes, binance is a big player, but he has not hurt the crypto world so far.
if it stays that way, binance is and remains a big player and not a threat to the crypto space.
member
Activity: 686
Merit: 11
Well, i just think you are equally liable to say anything you feel like cos the law of Slander do not strictly apply to crypto as much. But, i'm convinced CZ and the entire binance team their reason(s for such action not clear or unknown to many
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