in my mind, different Coins have different prices and the price is fair enough. The more you invest,
the more you get the risk and the more income you earn.
Topic: Binance wants the crypto bubble to burst! (Read 263 times)
Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
I wonder with the actual price fall down performance of the whole crypto market but still this is not enough for them? Is this not still to be consider an ultimate corrections like the Bitcoin in which from ATH of $19,800 is falls now to $6,000? How they would define corrections then? I think they just want to manipulate the market price again and market corrections is their excuse.
Binance is getting its wish!
Indeed, this is a problem for the entire cryptocurrency market at this stage.
Many tokens do not even implement open source code, so only for ICO.
Many tokens do not even implement open source code, so only for ICO.
Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
the possibility is so because until now the price of altcoin has not gone up because bitcoin itself also has not risen and if bitcoin up altcoin will also rise due to follow the movement, therefore from now many people are trying to invest and buy bitcoin at low prices and can help pump the price Bitcoin to climb back Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
bubbles will eventually burst, exchanges like binance will definitely want to make good profit out of this situation.
It happens with every new things.
For a student of history and economics, the post war economic boom is a good example of current situation.
Everything was hyped and new things popped out everyday, no research about the need or market of the product.
It led to the recession of 1973-75. Similar situation might be looming for crypto at current time.
For a student of history and economics, the post war economic boom is a good example of current situation.
Everything was hyped and new things popped out everyday, no research about the need or market of the product.
It led to the recession of 1973-75. Similar situation might be looming for crypto at current time.
Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
It is going to burst or maybe bursting now it does not matter what binance wants. The market is naturally correct overpriced coins and throw away some trash.
So you accuse Binance in just being fair - I also agree that there're abundant overhyped projects without even any MVP, not already working product. (But still there're undervalued coins as well!)
And at the same time you call crypto "a bubble", which also shows that you don't take this market/indusrty serious. What's you problem?
And at the same time you call crypto "a bubble", which also shows that you don't take this market/indusrty serious. What's you problem?
The bubble will burst at BTC 2K
Maybe they are not understanding that brusting the bubble could Ultimately lead to problems in the economy of Bitcoins. It could literally decrease the investors who are actively engaging in it.
Many people are in here just because of the high profits that they are able to get by long term holdings .
This step by them would ultimately lead the price of Bitcoins to die and maybe in the near future it could be used under government regulations but till then , it will be useless in it's own way and I personally believe that it was made as a method of investment not currency.
Many people are in here just because of the high profits that they are able to get by long term holdings .
This step by them would ultimately lead the price of Bitcoins to die and maybe in the near future it could be used under government regulations but till then , it will be useless in it's own way and I personally believe that it was made as a method of investment not currency.
Yes, Binance is correct. There are many coins in the market which does not have a real working platform, but is popular because of it being hyped. Measures are needed to be taken to eliminate this unnecessary hype of these coins.
Yes it is true that Binance wants the crypto bubble to be brust. But even though Binance wants to brust it, bubbles will still exist. As Binance is an exchange service who only have power on their own platform, their business can be hampered by this action. Because bubbles are liked by the market and if this comfot zone is interrupted, people will move to another service.
So, any links or evidence Binance is saying this?
Also, you sound like the crypto bubble bursting is a bad thing.
This is a huge red flag that you know nothing about investing.
Bubble economies are bad for EVERYONE.
Despite what you think, there aren't that many millionares made from bubble economies.
For every millionare made, there are literally thousands who lost a lot of money.
So, how do you survive?
You invest in terrific companies with promising futures, companies that will outlast the bubble popping.
On a side note, binance saying this isn't surprising.
They are actually very strict about their listing policy. A coin has to have at least an mvp to be listed on Binance and the high cost of getting listed keeps shitcoins away.
Also, you sound like the crypto bubble bursting is a bad thing.
This is a huge red flag that you know nothing about investing.
Bubble economies are bad for EVERYONE.
Despite what you think, there aren't that many millionares made from bubble economies.
For every millionare made, there are literally thousands who lost a lot of money.
So, how do you survive?
You invest in terrific companies with promising futures, companies that will outlast the bubble popping.
On a side note, binance saying this isn't surprising.
They are actually very strict about their listing policy. A coin has to have at least an mvp to be listed on Binance and the high cost of getting listed keeps shitcoins away.
Actually this is not a new thing. Maybe this is valid. However, here it is important to comprehend in the event that they need to pierce the air pocket; they need to acquire cash on it. There is no correct comprehension of precisely how this ought to happen, however clearly on the off chance that they are with the whales contriving with them they can submit this intrigue.
Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
It would be the wisest good if Binance would do that but i think everything here is working on hype whether you like it or not. But if Binance would make some corrections then this could mean that cryptocurrency would experience another bearish market. Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
Binance and other cryptocurrency exchanges are probably in on the tactics used by whales to manipulate the market prices due to sell walls
I personally do not understand this statement because after the ico the projects do need some time to deliver the product, no ico can come up with the final product instantly and as long as the price being over valued is concerned most of the recent icos are trading under the ico price and the older ones that were pumped during the last bull season are also back to previous lows so i dont know what they want now.
Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
This is the absolute truth and I completely agree with them. For example, Binance also conducted ICO but they really did a lot for the world of crypto and this is a team that works and works and each time shows tremendous results. Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
Yes, this subject is in the media!
Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
The bubble has already burst, but as you can see many coins are still traded with non-sense price. and in fact you can try to see tron, eos and many overhyped coin with no product at all. Binance are basically saying that many coins are overpriced and coins need to adjust to fair value!
For example, many coins do not have working platforms and trade on hype!
But the crypto is a bubble and it can burst anytime and another bubble can appear anytime. you can try to see this time it has created another bubble too.
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