thats true, we should use Binance less, despite the exchange is really good but when everything is centralized it does not a good thing.
also, Binance already had problems and I thing in time it would have more.
Topic: Binance is a threat to the crypto space - page 7. (Read 10288 times)
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/
https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/
You might be right but let's just hope that the market will never be manipulated by one exchange. Anyways, if binance will be hacked then that might be a real threat to crypto space.
Binance is a threat to the decentralisation tenets of crypto.
After the Binance hack of a bunch of bitcoin, they were seriously thinking of jeopardizing the Bitcoin blockchain as revenge to the hackers, by essentially rewinding the blockchain to before the hack, with miner incentives etc.
If that isn't too much power in the crypto space, I don't know what is.
After the Binance hack of a bunch of bitcoin, they were seriously thinking of jeopardizing the Bitcoin blockchain as revenge to the hackers, by essentially rewinding the blockchain to before the hack, with miner incentives etc.
If that isn't too much power in the crypto space, I don't know what is.
Binance has proved its reliability through the past.If you say deleting a coin is a threat then I'll disagree. Actually, many other exchanges deleting coins day by day. Are they threats too? For some reasons, crypto world needs some thing like that to stay clean and keep people's trust. The only thing that I'm worried about is Binance has so much influence on crypto. It'd be dangerous if they went rogue.
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/
Binance is no threat, they have been very reliable and none of those you mentioned is a threat. Even if they try to do bad things like manipulating price and all that, trust me, people will always find out no matter what and you know what that means, that means that it is over for them. Doing it will cause people to lose trust instantly and they will lose a lot of investors immediately. So they wouldn't try it, cause doing things like that means playing with fire. Their choice… https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/
I perceive anger reading this post. Binance is a great project which everyone knows and the platform has been of a good stronghold. From your quote, yes power is intoxicating and we hope Binance doesn't abuse the popularity and dominance it has on the market recently.
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 it is not a dictatorship to remove a coin from your own exchange. I mean he is the owner of binance and he doesn't want bsv on binance, how much more normal that would be ? He has the right to delist any coin he wants and we should not be able to judge him for what he does. He can delist bitcoin itself if he wants because its his place and what you react is your own answer to him.https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/
After he delisted bsv nobody cared because nobody cares for bsv and its a shitty coin by a shitty person which means he is not a dictator, he is an elected person for us and our votes are our own funds that we either trade on binance or if he does something we dislike we move our money to a different exchange.
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/
https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/
I think we can compare Binance with google or even with amazon, someone has to drive the industry for sure, innovation and adaption should come, and CZ is a driver of both. With regards to delisting a coin, I do no think anyone has any power to kill a blockchain just by delisting them. The BSV founding team themselves are digging a grave for themselves. Also with price BSV price is still performing well even after delisting.
Binance as a threat in the crypto space I dont think so as you can see its grow faster and CZ make a lot of hardwork to make their customer being satisfy to their services I consider Binance exchange as a fast develop exchange site a lot of trader being use this exchange site after a hacking incident happen CZ double it security that why I like their platform.
Binance, is doing a very good job leading the world's most prestigious exchange. They did very well in helping users easily use their exchange platform. currently I still believe in exchanging Binance and I don't see any manipulation from them. In future Binance will grow very strong, which is a good thing.
Future will bring the realization if there's something like this to happen, we are not sure if CZ will ruined his business just to hold or control the market, as a business person you will always care about your business, it will be revealed whatever he wanted to bring around this industry, only time can dictates the future of this market.
There's no threat if everything will be for business purposes, it will continue the process.
I also think like that, CZ only focuses on the business sector where the company it developed is the best company in crypto. CZ only wants a platform that is free of scammers, if indeed the goal is to manipulate the market, doesn't CZ have a BNB that they can manipulate themselves and enrich quickly.
In fact, we can see for ourselves how the BNB coin developed by CZ has been able to develop rapidly in the past 6 months, although some time has been based on a hacking disaster, Binance is a giant company that is truly trusted by investors.
Binance is a very powerful global player and they are increasing their power by creating their own decentralised exchange, stable coin, margin trading and so on. I would not wonder if BNB will reach 100 USD till the end of this year.
Binance shows tremendous success. The most advanced cryptocurrency technologies are being introduced on this exchange. She is often the first to introduce some technological features, which are then copied by other exchanges. I do not think that Binance is a threat to the digital asset industry.
they can be a threat if they will grow even more because it will be like a monopoly. But cryptocurrency is primarily decentralization 
Binance shows tremendous success. The most advanced cryptocurrency technologies are being introduced on this exchange. She is often the first to introduce some technological features, which are then copied by other exchanges. I do not think that Binance is a threat to the digital asset industry.
Binance brings security to users and I can't find any reason that could be harmful to this market because most of the coins listed in this exchange have huge trading volume and Everyone can earn good profits from small coins. I am personally a loyal member of this exchange and until now I have not had any problems related to Binance so please accept this exchange so that both can benefit 
Binance shows tremendous success. The most advanced cryptocurrency technologies are being introduced on this exchange. She is often the first to introduce some technological features, which are then copied by other exchanges. I do not think that Binance is a threat to the digital asset industry.
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/
https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/
I think I agree with your opinion. This delisting looks like some abuse in favor of their own desires. When one person controls such a huge trading volume he may be tempted to manipulate. In the future it is unknown what to expect yet.
There's no threat if everything will be for business purposes, it will continue the process.
I wouldn't say Binance is a threat to crypto space, it might be a double-edge sword on what Binance capable of. You see last few weeks Binance got hacked and they recover the fund ASAP, it's a good thing for newcomer to see that their funds are safe. On the other hand, it might become a centralized "gov" that able to manipulate market.
You are absolutely right on this. i think it was a gang up against BSV in order to give BCH a strong market. i like the fact that BSV is coming back again. currently trading few places behind BSH on the coinmarketcap list.
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/
https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/
I think I agree with your opinion. This delisting looks like some abuse in favor of their own desires. When one person controls such a huge trading volume he may be tempted to manipulate. In the future it is unknown what to expect yet.
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.
I think Binance will still occupy a larger number of traders than other exchange, but not the whole market
Jump to: