Don't panic, binance is normal! | Bitcointalksearch.org

BitHodler

legendary

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Quote from: andthereyou on March 24, 2018, 08:47:50 AM

I had used binance exchange and had not encountered any problem using it. Maybe japan are just very careful nowadays.

Japan is doing what it should be doing, and that's keeping parasites out. It's mind boggling how people don't understand the one simple thing about the Japan versus Binance situation, which is that you can't enter without permission.

The only thing that did somewhat surprise me was the relatively late reaction of Japan. Binance applied for a license earlier this year, but they just went ahead anyway, probably blindly assuming it would be ok to do so.

Applying for a license and actually beeing granted one, are two completely different things. It's not that you can call it incompetence because Binance knows what it is doing, so they must have arrogantly discarded the rules.

andthereyou

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Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

I had used binance exchange and had not encountered any problem using it. Maybe japan are just very careful nowadays.

supergorg27

member

Activity: 238

Merit: 10

Quote from: DziugasB on March 23, 2018, 10:44:44 PM

Binance is currently moving to Malta. They will add USD/Crypto pairs on their market there as it is less regulated. There is no reason to worry about Binance right now.

Source: http://thebitplex.com/2018/03/23/binance-malta/

Yes I agree, there is no reason to worry about, they just move in to Malta and Malta is very progressive when it comes to crypto.

Spiero7

newbie

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Another Fud yet again! I have posted this before and I am gonna post again that some set of people referred to as whales will never stop until they see that they have succeeded so well in manipulating a whole lot of people into letting go of their hard earned coins gotten either through ICO or bounty to them only to reap the rewards meant for the diligence of this people. Let all just chill patiently and relax, cos all is gonna be stable again.

moonriver

full member

Activity: 392

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I believe Binance won't break.
It has been doing great since its establishment and remains No.1 exchange for several months.
There is no doubt it is the best exchange available.

ropyu1978

hero member

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Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

Well, it's best if anyone makes a post that creates FUD. especially if it is not accompanied by a link. and before you really believe it, you should first try to find the right information. or try to directly see the place of the incident. usually the current situation, people prefer to create panic for lower prices.

Ikay

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I think this news will be affect to those who have not gain more knowledge about crypto because they think that issue will affect their investments so they will in panic mode so probably markets will be in red again, hopefully not.

Valzador

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The Financial Services Agency (FSA) said in statement that it had issued the warning to Binance, one of the world´s biggest cryptocurrency exchanges, for engaging in business with Japanese residents via the internet despite lacking permission to do so.

The regulator said Binance likely allowed Japanese residents to open accounts without confirming their identities, adding that the exchange would face criminal charges if it continued to do business without a licence.

An official of the Financial Services Agency told Reuters it had not given the exchange any particular deadline to cease its operations.

wirosableng

full member

Activity: 434

Merit: 100

this is very good news.
hopefully this news is true as it is, because if only issue then it is not necessarily certain.
the most important is the news and dare to publish it, it is a very good sign.

jackylion

member

Activity: 308

Merit: 10

Buy, sell and store real cryptocurrencies

Yes, thank you for comforting words. I was also a bit nervous when I heard that the Japanese warned Binance; I think the price of the altcoin continues to fall again. But not. Today I saw altcoin prices are rising and have not heard anything from Binance. Maybe you are correct. Wishing everyone a wise investment decision.

xGeraValerax

newbie

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The founder of the crypto-exchange, Changpeng Zao indignantly denied the reports in the media that the Financial Services Agency of Japan (FSA) allegedly intends to send a warning to the crypto-exchange.

"On Twitter, Changpeng Zao wrote: Nikkei showed irresponsible journalism. We are in a constructive dialogue with the Japanese FSA and have not received any warnings. For JFSA, there is no point in telling the newspaper before telling us, while we have an active dialogue with them. "

serizawa

sr. member

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Merit: 250

a group of people want to make negative news, do not panic with all that
I think bitcoin will go back past the price of 10,000 USD

BitcoinCazh

full member

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the peoples dont know about bitcoin and cant be slective in find issues will consider about FUB as fact. this just will make others FUD scattered and make value bitcoin goin to decline because thats isue

Yudhisthir

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www.Artemis.co

Quote from: nioctiB#1 on March 24, 2018, 12:25:41 AM

Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

It is a warning because they failed to get license to operate in japan, personally I dont think that it will be the reason for the market price to drop. Binance already announced that they will be opening their new office in malta and im sure that soon they will get a banking partnership there, even the prime minister of that country tweeted how excited he is. Link on his tweet https://mobile.twitter.com/JosephMuscat_JM/status/977115588614086656

This indeed is a great news for binance and the crypto world as a whole. I'm happy with these tiny island nation coming as a saviour of decentralised technology while so called superpower outlaw them. Whether be it the p2p, torrent or blockchain.

shone08

sr. member

Activity: 602

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Quote from: helloge on March 24, 2018, 12:21:47 AM

Quote from: Johnzky on March 24, 2018, 12:16:55 AM

Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

not just normal.binance is getting great now,as of this moment recovery of binance coin is more than 20% or 22% to he exact..and i guess this cause for celebration guys as we hold and keep the trust on this coin,as i believe the future of this year for binance is almost perfect if this growth continues

Binance is still a reliable exchange to trade btc and some other altcoins, but I think there need more time to be the best exchange since the service is not very stable for Chinese investors.

Theres no need to worried since Binance can recover as soon as possible in this issues impact the trade volume increase daily and more altcoin are added to this exchange site. The CEO of Binance exchange site are active to answer our question this indicate that the operation are run smoothly.

Warning Against Crypto Exchange Binance

https://cointelegraph.com/news/nikkei-report-japan-to-issue-warning-against-crypto-exchange-binance-twitter-cries-fud

nioctiB#1

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Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

It is a warning because they failed to get license to operate in japan, personally I dont think that it will be the reason for the market price to drop. Binance already announced that they will be opening their new office in malta and im sure that soon they will get a banking partnership there, even the prime minister of that country tweeted how excited he is. Link on his tweet https://mobile.twitter.com/JosephMuscat_JM/status/977115588614086656

helloge

legendary

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The Experience Layer of the Decentralized Internet

Quote from: Johnzky on March 24, 2018, 12:16:55 AM

Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

not just normal.binance is getting great now,as of this moment recovery of binance coin is more than 20% or 22% to he exact..and i guess this cause for celebration guys as we hold and keep the trust on this coin,as i believe the future of this year for binance is almost perfect if this growth continues

Binance is still a reliable exchange to trade btc and some other altcoins, but I think there need more time to be the best exchange since the service is not very stable for Chinese investors.

miyaka26

full member

Activity: 476

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Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

Small negative news such as a warning for lacking the regulation of the exchanges is a serious FUD for the spreaders, they will twist the headlines of their articles and some of their contents but the main information is just a warning from Japan? It's like all the newbies and weak handed holders always react from every news that the Fudder's published, they don't see dips as an opportunity to buy more coins while cheap, they just after for an easy money.

Johnzky

member

Activity: 616

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Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

not just normal.binance is getting great now,as of this moment recovery of binance coin is more than 20% or 22% to he exact..and i guess this cause for celebration guys as we hold and keep the trust on this coin,as i believe the future of this year for binance is almost perfect if this growth continues

bitcoin.beda

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quarkchain.io

Quote from: liangweicha on March 22, 2018, 05:48:43 AM

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that. Grin

Yes it is in the news, but there is also a news that Binance will move in Malta, and the prime minister is welcoming binance!
As Malta is one of the countries to establish a cryptocurrency activities.

So no need to worry, the CEO is very active on answering these issues over his twitter.

Topic: Don't panic, binance is normal! (Read 270 times)