Topic: Binance owns 82.69% of BNB - page 2. (Read 207 times)
That's alarming. With that kind of amount hold, it is easy to manipulate the price. The centralisation of it quite immerse than other cryptocurrency leader like ETH. Nonetheless, probably these account are for all binance users who holds BNB. These are probably combined one and that makes it look bigger. Correct me if im wrong please.
if you do some research, maybe you will think it's normal, not only in BNB for example UNI token which is still younger than the Binance company, the UNI team also holds a lot of tokens, but investors still buy it, but binance is a big company, so I'd better keep BNB because I believe the funds will be safe with Binance it's not possible on UNI new projects whose future isn't visible either, you can choose to hold on to it or throw it away
.... i would like to hear what you guys think...
I can assume that these wallets that the OP indicated belong to the Binsnce exchange and, accordingly, they contain BNB coins of exchange users. But in any case, a lot of coins are in the possession of the exchange team, which were released in 2017 and partially unblocked this summer.
A lot of things need to consider here especially Binance got Binance exchange and for sure the 82.69% will be reduced if we deduct the percentage of trading volume or the amount of BNB currently inside the Binance Exchange.
And another thing is for sure, this is one of the reasons why people keep telling that BNB or Binance Smart Chain is centralized, tokens are not properly allocated on different addresses makes it more centralized. Hence, I don't really like holding this kind of coin too much.
And another thing is for sure, this is one of the reasons why people keep telling that BNB or Binance Smart Chain is centralized, tokens are not properly allocated on different addresses makes it more centralized. Hence, I don't really like holding this kind of coin too much.
How can you sure if binance was holding more than 83% from the total supply? 50% of BNB were going to the ico participants a few years ago.
https://etherscan.io/token/tokenholderchart/0xB8c77482e45F1F44dE1745F52C74426C631bDD52
https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52#balances
it caused by BNB has so many utility use case instead of another coin. Didn't you aware about this? Do i need to show you the proof?
My point was about the holdings, look at doge and how everyone is suspecious about it because it's held by the devs.
I think that you must read about the binance tokenomic but it's not relevant again as binance has BEP2 chain and BEP20 chain. that means binance has two version at this time as native BNB and Binance smartchain. I guess those binance tokens were still on ethereum already swapped to the binance native chain or binance smartchain. that's why the total supply owned by binance on ethereum chain was increasing a lot.
i don't care how it happened or if it's from their exchange, holding 83% of a coin is very bad and it should never happen, i don't care about the justification if the result is the devs of the coin holding 83% of the coin.
and please don't give me the locked bs, if it's not burned then it's still in circulation.
Hello,
My question is knowing that binance holds more than 83% of BNB how trustworthy or long term BNB can be?
i seen coins with much less percentage held by devs fall to 0, so how is BNB any different?
it caused by BNB has so many utility use case instead of another coin. Didn't you aware about this? Do i need to show you the proof? should i be worried of this?, people are freaked out that Satoshi holds 4.6% of bitcoin but somehow Binance holding 83% is normal?. i am a long term holder in BNB, however after finding this facts i'm reconsidering my decision. i would like to hear what you guys think
I think that you must read about the binance tokenomic but it's not relevant again as binance has BEP2 chain and BEP20 chain. that means binance has two version at this time as native BNB and Binance smartchain. I guess those binance tokens were still on ethereum already swapped to the binance native chain or binance smartchain. that's why the total supply owned by binance on ethereum chain was increasing a lot. BNB top holders:
0xbe0eb53f46cd790cd13851d5eff43d12404d33e8
0xf977814e90da44bfa03b6295a0616a897441acec
0x001866ae5b3de6caa5a51543fd9fb64f524f5478
I have been checking the wallet and i would like call that as hot wallet instead of cold wallet. I may wrong about this but it seems like those funds are still locked. 0xbe0eb53f46cd790cd13851d5eff43d12404d33e8
0xf977814e90da44bfa03b6295a0616a897441acec
0x001866ae5b3de6caa5a51543fd9fb64f524f5478
Hello,
My question is knowing that binance holds more than 83% of BNB how trustworthy or long term BNB can be? i seen coins with much less percentage held by devs fall to 0, so how is BNB any different?
should i be worried of this?, people are freaked out that Satoshi holds 4.6% of bitcoin but somehow Binance holding 83% is normal?. i am a long term holder in BNB, however after finding this facts i'm reconsidering my decision. i would like to hear what you guys think
BNB top holders:
0xbe0eb53f46cd790cd13851d5eff43d12404d33e8
0xf977814e90da44bfa03b6295a0616a897441acec
0x001866ae5b3de6caa5a51543fd9fb64f524f5478
My question is knowing that binance holds more than 83% of BNB how trustworthy or long term BNB can be? i seen coins with much less percentage held by devs fall to 0, so how is BNB any different?
should i be worried of this?, people are freaked out that Satoshi holds 4.6% of bitcoin but somehow Binance holding 83% is normal?. i am a long term holder in BNB, however after finding this facts i'm reconsidering my decision. i would like to hear what you guys think
BNB top holders:
0xbe0eb53f46cd790cd13851d5eff43d12404d33e8
0xf977814e90da44bfa03b6295a0616a897441acec
0x001866ae5b3de6caa5a51543fd9fb64f524f5478
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