Topic: Bitcoin Price and Binance - page 4. (Read 786 times)
This has not to do with Binance. Institution money are coming in we are at the stage of adoption. Microsoft, FaceBook, Samsung just to mentioned a few a now building on top of blockchain. Everyone just want to get involved and the FOMO this time arround will multiple what we have ever had in the crypto history.
I also don't see any relations between this huge pumped and that particular binance incidents, but if I get you correctly you are assuming that after the withdrawal process will be allowed inside binance the value of bitcoin will be dumped, maybe for a some days it can be but afterwards Bitcoin will make its way again to continue rising strong.
How is it even related? How does Binance stopping withdrawals increase BTC's price? I doubt that people would think: "oh crap Binance stopped withdrawals, time to buy more BTC!"
Bitcoin price has been steadily rising way before the unfortunate hacking of Binance and usually the hacking of crypto exchanges tend to have a negative effect on Bitcoin but this time around though it went down for a bit, it rallied after the hacking issue and this bull run has rather been very impressive.
I think it's not related to binance. This year, IEO make new chancce for maket when people lost a lots. Bull is running now.
It is not really related and has no effect on the current status of the movement of bitcoin, Well more accurately even though Binance would stop or not all their major transactions that would not have any effect, Because It doesn't really matter for just one exchange to do it and base on exchange they are base on Bitcoin trading and the probability of other cryptocurrencies to be converted to bitcoin is very high so nothing to worry about and we are now in the midst of bull run and returning to the past all-time high is the major thing bitcoin is doing right now.
As for me, it has nothing to do with Binance. It's just that there's a high demand in the market. Bitcoin is already resistant to controversies and it doesn't depend or rely on any exchange like binance. The market has just continue recovering and it's a good thing for most holders.
If I am correct Binance has started allowing deposit and withdrawal from today.
How can you relate the Bitcoin price hike with Binance. Binance is an Alt based exchange. The so called Hack did not bring the market down. How can the halt of withdrawal affect the market.
If the Market goes down it has to go up someday and that day is today.
How can you relate the Bitcoin price hike with Binance. Binance is an Alt based exchange. The so called Hack did not bring the market down. How can the halt of withdrawal affect the market.
If the Market goes down it has to go up someday and that day is today.
How many people think the price increase has been triggered by the fact that Binance has stopped withdrawals?
If so what happens to the price when Binance allows withdrawals again?
If so what happens to the price when Binance allows withdrawals again?
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