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Topic: how hard will Binance coin (BNB) get dumped? - page 2. (Read 821 times)

full member
Activity: 658
Merit: 100
i think binance right now is already overvalued good luck for all binance token holders i think speculators have pushed the price very hard is not fair valued anymore - this is not a financial advice Smiley
sr. member
Activity: 503
Merit: 250
Binance has much power to recover their suffer zone so i don't think so their coin getting dump very much,, Its going high day by day . BNB in bull market goes also more high zone
Having a good support and secured transactions and BNB and none yet be able to perform better in terms of exchanges then BNB is really unlikely to fall that much. If will take time to break BNB even hacking will not be a problem. Its their time still as long no new competitors born, BNB will not be dumped too much.
member
Activity: 280
Merit: 13
Binance has much power to recover their suffer zone so i don't think so their coin getting dump very much,, Its going high day by day . BNB in bull market goes also more high zone
sr. member
Activity: 882
Merit: 251
Agree, as long we some developments and product updates from the team the price of Bitcoin will keep on increasing, now you have to understand as long as a company has active developments with always help to increase BNB value in the coming days.
when their platforms are crowded and continue to carry out their events with full participants I think BNB coin demand will continue to increase. if the IEO done by binance is still trusted and still chooses projects that really have a good future.

We can see BNC for 50 dollars this summer. Naturally, this token will be one of the coolest gainers when the bulls become more powerful than now. I am sure, BNB investors will make a very good profit.
member
Activity: 315
Merit: 12
I invested my first amount of BNB when i saw how they reacted to the hack. They got some trust now from me.
The way the Binance team responded professionally to the hacking exchange also impressed me. It’s a pity that I didn’t buy coins when they were worth $6-$7 when I had the opportunity. Although now is also a good time to buy BNB, because the exchange constantly burns a certain amount of coins and this reduces their overall supply.
Burning coins is probably the most effective way to increase the price of a coin if it already has a good popularity. Then, while burning, the demand remains the same, and the quantity of supply is less.
member
Activity: 483
Merit: 10
terra-credit.com
The only risk for BNB I see is a problem with laws from the USA for example. They started a lot of IEO on their platform and they are not so transparent as it looks on the first sight.  
I think binance already has a solution to that problem. and of course they will not accept IEO sales for projects that are problematic and cannot complete the required administration. there are still many Projects who want to make sales there. I think that is not a big problem.
jr. member
Activity: 280
Merit: 3
BTC $1 mln.
I invested my first amount of BNB when i saw how they reacted to the hack. They got some trust now from me.
The way the Binance team responded professionally to the hacking exchange also impressed me. It’s a pity that I didn’t buy coins when they were worth $6-$7 when I had the opportunity. Although now is also a good time to buy BNB, because the exchange constantly burns a certain amount of coins and this reduces their overall supply.
full member
Activity: 644
Merit: 100
The only risk for BNB I see is a problem with laws from the USA for example. They started a lot of IEO on their platform and they are not so transparent as it looks on the first sight.  
full member
Activity: 812
Merit: 101
Agree, as long we some developments and product updates from the team the price of Bitcoin will keep on increasing, now you have to understand as long as a company has active developments with always help to increase BNB value in the coming days.
when their platforms are crowded and continue to carry out their events with full participants I think BNB coin demand will continue to increase. if the IEO done by binance is still trusted and still chooses projects that really have a good future.
jr. member
Activity: 144
Merit: 1
I invested my first amount of BNB when i saw how they reacted to the hack.
They got some trust now from me.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
I think Binance has a strong potential to take place in top rank of the market. I think investors and users still believe in Binance and will be saving more. So BNB will not get dumped so easily, also it remains strong after the unfortunate case about hacking.

Well it did have a strong potential,,, when you are a centralized company with a lot of money and people keep giving you trust and business and media also publishes all your opinions, then of course it can always place top. But one day, when something bad happens, the same people will dump BNB and take all the profits at the expense of normal users. Do not think this will never happen!
sr. member
Activity: 1540
Merit: 255
Binance will not fall down very fast.. as long as they are real and no fraud.. even the recent hacked it has no effect to BNB

Agree, as long we some developments and product updates from the team the price of Bitcoin will keep on increasing, now you have to understand as long as a company has active developments with always help to increase BNB value in the coming days.
full member
Activity: 1330
Merit: 147
with all the drama about Binance today after they got hacked and also the fact that BNB was already in a big bubble after its pump, how hard do you think their token is going to get dumped now that their business is facing a crisis?
But I don't look it happened, the price binance just met a slight dumped. But now, its price has been increasing again and until reach the new high price i.e more than $35. I just weird when an exchange got hacked but the token platform just met a slight dumped and also just give a little affect to the market. As you may know, the price cryptocurrencies when binance got hacked its price down slowly but after that its price rose drastically. Maybe binance has a high credibility and its user believe this situation will not give a huge affect and we can see it.
member
Activity: 588
Merit: 10
-ethernity cloud-
I think Binance has a strong potential to take place in top rank of the market. I think investors and users still believe in Binance and will be saving more. So BNB will not get dumped so easily, also it remains strong after the unfortunate case about hacking.
legendary
Activity: 1512
Merit: 1041
If the bnb was getting a dump, then I think the price will be back to the earlier price, and it is difficult to increase in a short time again. But maybe our prediction will wrong since bnb has got more support from the user and many of them now are saving more bnb because they believe that bnb price will increase in a short time. I think people still waiting for the next correction that might happen with bnb so they can buy more bnb at a low price.
BNB will surely get dumped one day if we are to be realistic, because most investor will eventually get profit out of the system one day which is the reason why they are all investing. Even the mighty bitcoin got dumped at one pint no matter the technology, but what will keep them back together is the product.

This is what many projects lacks that makes them turn shitcoin, because there is no working product to pull them back. How many times bitcoin experienced dumping, but it has doesn’t take so long before it increases back, this is same way binance too will operate, no matter the dump, it will always find its value back.
full member
Activity: 644
Merit: 100
After the ieo, in any case, there will be a correction. And apparently very good. It remains to wait a couple of days and see.


I'm waiting for a correction too but don't see any signs of it. Very fast grow without any big reason. Sold everything waiting for a correction.
full member
Activity: 557
Merit: 101
After the ieo, in any case, there will be a correction. And apparently very good. It remains to wait a couple of days and see.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
If the bnb was getting a dump, then I think the price will be back to the earlier price, and it is difficult to increase in a short time again. But maybe our prediction will wrong since bnb has got more support from the user and many of them now are saving more bnb because they believe that bnb price will increase in a short time. I think people still waiting for the next correction that might happen with bnb so they can buy more bnb at a low price.
sr. member
Activity: 2506
Merit: 368
BNB has a lot of trust from crypto users.  Binance's quality is difficult to destroy by FUD.  Binance's CEO always responds quickly if there is a problem.  the result is 80% of crypto users use Binance as a place to trade.  so Binance is difficult to create market dump and difficult for destroyed.
I wonder when would that trust last if there is a bearish market since most of these newbies are eager to sell everything when they got FOMO/FUD. But anyway, BNB team is really doing great to hype up their tokens that almost gain multiple profits in just a short time.
member
Activity: 1092
Merit: 67
Binance and its official coin, bnb, will only experience some mild dump but will not suffer a crisis like the other previously hacked exchanges. The management had already created a SAFU or the Secure Asset Fund for the Users and this separate fund will use as a insurance for the users of binance exchange. The bnb coin is also safe from hard dump as it continue to go up breaking its all-time high this year.
Fortunately, Binance is among one of the lucky coins like bitcoin that has refused to react negatively to FUD news this period and it’s like every FUD new makes them stronger.

During the time of their crisis, BNB never dropped from their normal value, although I love the way they handled the matter, they had already created the news of it and allayed the fear of investors which had already gone ahead of those who would have used the FUD news against Binance. Whatever drop we see during those periods is just the way other coins are reacting to BTC movement and right now, we can see that Binance is already crossing the value of $30.
The market didn't experienced any big crash, and there isn't much of news around as they stopped with support statements providing funds if lost. Further the hack news started to circulate carrying the positive thing within it. Today the price has crossed $34, and in the near there isn't any possible reason for the dump in price.
Amazing thing for an exchange that do have hacking incident which they do able to retain their reputation after such problem which we do know that
most exchangers would fail up mostly on the same scenario where recovering is almost impossible.I do also thought that BNB would have such problem
but we are seeing different things on here.


Binance has a strong team backing it and they have their financial resources. So they can rise quickly with that unfortunate situation. And I don't believe BNB will be dumped. Too dump if they will do. They already created a good foundation and dumping BNB will not be a good option for them.
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