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Topic: Binance wants the crypto bubble to burst! - page 2. (Read 286 times)

full member
Activity: 238
Merit: 100
I think that Tether which is allegedly affiliated with Binance is the main threat to the whole crypto. They keep minting more and more USDT whenever they wish to affect the market and we have basically no proof that there are real dollars behind and it's not a bubble.
full member
Activity: 280
Merit: 102
The revolutionary trading ecosystem
Binance is indifferent to whether the bubble bursts or not, it is the investors who care and they aren't entirely wrong. Now it may be a conflict of interest for them to state this, but seeing how their is no regulatory body to overlook the whole industry it is fair game. Bring on the burst I say, and humble those who are involved right now.
newbie
Activity: 420
Merit: 0
Different coins have different price and the price is fair enough. The more you invest, the more you get risk and the more you can earn good amount of money.
jr. member
Activity: 336
Merit: 3
Investors education is needed to identify based on foundation. Many top 100 projects are just a concept with glamorous whitepapers!

In other words: BS
newbie
Activity: 52
Merit: 0
Investors education is needed to identify based on foundation. Many top 100 projects are just a concept with glamorous whitepapers!
member
Activity: 756
Merit: 16
We All Can Make It
Whatever bubbles will eventually burst in the long run. So if there are bubbles in cryptocurrency prices it is like a rule to expect to burst to serve as correction. Binance is only pointing out the obvious, it happens everywhere.
jr. member
Activity: 336
Merit: 3
Binance should be prosecuted for listing shitcoins. They took 5 million for listing Quarkchain! These guys and the lady running it might have overstepped the line!
newbie
Activity: 122
Merit: 0
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!


And what? It is the reality that we have, EOS was 20$ when their platform doesn't even work Undecided
member
Activity: 238
Merit: 11
MST Decentralize Robust AI Trading Platform!
Binance is very popular and has some influence. Listing in Binance is, in most cases, a price increase, since there are colossal sales volumes. But you have rightly noticed that the last time the leadership of Binance is doing only to them profitable steps. Recently I could not withdraw money within 10 days. And not all tokens that I want to sell or buy are on this exchange.
They certainly have the right to prohibit anything in their territory. But there are a large number of alternative decentralized exchanges.
jr. member
Activity: 336
Merit: 3
Perhaps this is true. But here it is necessary to understand if they want to pierce the bubble, they want to earn money on it. There is no exact understanding of exactly how this should happen, but apparently if they are with the whales conspiring with them they can commit this conspiracy.

It appears someone wants to burst the bubble: Look at the LOW market cap with a high probability it will go down!
full member
Activity: 364
Merit: 101
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!

Bubbles will still exist even though Binance wants to burst it
Binance is just an exchange service they only have power on their own platform, I think that effort will kill their business because the market likes bubbles if the service interrupts their comfort, they just need to move to another service
member
Activity: 266
Merit: 10
✹✹ Fluxorin.io ✹✹
Perhaps this is true. But here it is necessary to understand if they want to pierce the bubble, they want to earn money on it. There is no exact understanding of exactly how this should happen, but apparently if they are with the whales conspiring with them they can commit this conspiracy.
full member
Activity: 518
Merit: 145
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!

Well, that is not new and at some point later on, the possibility of some of these coins or tokens with no working platform or products getting flushed out is inevitable.

However, I do not understand the part binance will have to play with that since they are just an exchange, and except probably some policies gets to be implemented across exchanges where majority of those coins in that category are delisted, or there is an influenced/manipulated market crash that affects a whole lot of them and wipes them out, I still cannot think there is a possibility of adjusting them to fair value since this is a decentralized market.
jr. member
Activity: 336
Merit: 3
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!
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