Topic: how hard will Binance coin (BNB) get dumped? - page 4. (Read 802 times)
Even after such a big hack the value of Binance coin hasn't got affected big. The price has come low to $20, if it has happened with any of the other leading cryptocurrencies now this could've made a big change in the market fall of the respective coin. With the exchange support BNB is made to stay strong in the market, maybe in the falling days there will be further price dumps.
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?
You don’t trust Binance again, you want all their users to lose all the benefit they are enjoying from Binance if they dump the coin, I can see they have already even put some control tools in place by first disabling deposit and withdrawal on the exchange to avoid this,.Right now, what they will be doing is media publicity to allay the fears of users and what they have been able to put in place to further control or stop any future occurrences. So I dent think there will be any major dump and if there is any, it will be a plus for me, because I will get the opportunity I have been hoping for to buy the coin.
BNB was already in a big bubble after its pump
Really? I genuinely hadn't noticed that--I never bought any BNB, but I ended up owning some just from doing trades on Binance, and it didn't seem to me to be on fire or anything. And right now I could care less if it drops to zero, because I'm having some hard feelings toward Binance ever since they suspended deposits and withdrawals. There's no word as to when they expect to have those functions back up and running, and I just want to get my coins off that exchange ASAP.But as far as BNB goes, if Binance gets through this debacle unscathed (relatively speaking), I don't think their coin will suffer all that much. They have enough of a loyal customer base such that there will still be plenty of support for BNB. Personally I don't see what the big deal is about the coin. It's not something I'd want to keep as an investment, and I don't think it offers any advantage over everything else that's on the market--but I've heard it mentioned enough times that I know it has a following, and that following likely won't be diminished because of this hack. We'll see.
If you see what happen thats day bitcoin price is have little dump and bnb too, but bitcoin sv is increasing more than 8 percent, i dont know what happen but its intersting in this sequel drama..
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?
Nothing happened to their coins thus far, seems like no crisis as all, Bitcoin even pump today and reached over $6,000.BNB on the other hand is still steady, looks like people did not lost its trust with Binance.
I don't think BNB will dump hard after the incident that happened yesterday.
It already went down ~10%, losing all the gain from April 17 to day. And I expect it'll go lower, at least for a while.
As others said, BNB was a bit overpriced already.
If a better exchange will rise after this mishap (which history shows it has happened in the past) then Binance market share (and BNB quotations) will go down and won't come back up.
I don't think BNB will dump hard after the incident that happened yesterday.
As long as they will solve this problem then their will be no problem in it. In fact, this is a good time to buy a bit of BNB to hold because the price got dumped. We know already that Binance is a very reputable exchange and BNB for me is a good coin to hold for a long run.
As long as they will solve this problem then their will be no problem in it. In fact, this is a good time to buy a bit of BNB to hold because the price got dumped. We know already that Binance is a very reputable exchange and BNB for me is a good coin to hold for a long run.
I think its time to buy some :-) - It might've bounced 2 or 3 $ downwards, but this wont kill the coin so im pretty sure that we'll see it rise again.
vs btc it is is getting a harder hit, cmc at the moment (-6,09%) and still going down. Wonder if we will see a bottom today but it i would not count on it with btc swinging up.
I think its time to buy some :-) - It might've bounced 2 or 3 $ downwards, but this wont kill the coin so im pretty sure that we'll see it rise again.
i think it will not get that much dump,. but the exchange credibility will go down as security is the main thing in one exchange ( unless this hack was all for drama 
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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?
Certainly after this bad news about the binance platform, many investors will have FUD, But the CEO of the binance platform reassured investors by a video, He explained that the priority of the team of the platform of the binance now is to rebuild the system within the platform and identify all the security vulnerabilities, The bitcoin wich stolen from the hot wallet accounted for only 2% of the total holdings of the bitcoin on the exchange, I do not think the BNB coin will be affected by the negative after these news because the binance have a lot of liquidity capable of reviving the BNB coin again, I will not sell my BNB coins and I will hold them because this time for binance is the working time and increase efficiency.
No, I don't think this hack will have any significant impact on BNB. Binance has enough funds to compensate for losses, as well as to maintain the price of the token.
I dont think it will have huge dump because binance is having enough fund to sustain this coin . But safer zone i sold some of my Binance coin which i hold it in exchange . Crypto market about to take off again one more strike happened .
you know this wasn't a couple of thousand dollars lost?
unless this was a fake "hack" and they stole the coins themselves, i seriously doubt they have enough money to cover 1% of their users. this was $40 million theft after all! that can cripple any business let alone some thing like an altcoin exchange.
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?
All is bubble and theres no exception on that.For now BNB isn't still on a brink of hard dump.Yes, it decrease its price because of this hacking drama but not too much.Either we would see this dumps later on or just the support to BNB is still going strong.Lets see a few more days.
the drama is not on the HACK itself, but on the sugestion of a ROLL BACK by CZ.... =========> HUGE MANIPULATION! we are not safe, Bitcoin seems not centralized, our core principle (inmutability) is BETRAYED
https://twitter.com/CoinSpice/status/1125979761728049152
https://twitter.com/CoinSpice/status/1125979761728049152
Yes, this is a bit of a concern. But it's not something Binance can just decide to do, they would of course need support of 51% of the power... but it's a concern that it is being raised as a potential fix, and it does highlight the fact that decentralisation never really remains perfect decentralisation.
I still can see that they remain strong after the hack. The lowest that it has been today was around $19.88 as per coinmarketcap and I think that's still quite good amount after experiencing that kind of attack. The price as of the moment is $21 so I don't think that people are losing trust to BNB and the exchange itself.
I dont think it will have huge dump because binance is having enough fund to sustain this coin . But safer zone i sold some of my Binance coin which i hold it in exchange . Crypto market about to take off again one more strike happened .
As per tweet of CZ they are hurt but not broke.i seriously doubt they have enough money to cover 1% of their users.
It's an expensive lesson for them but CZ guaranteed that they will cover the losses of those affected ones. 
I am surprised that BNB is being pumped at gate.io after the hack. Is it the work of Justin Sun and CZ bots? Both surely have a lots of BNB coins to sell. If BNB coins were stolen, CZ would surely have made a rollback...
the drama is not on the HACK itself, but on the sugestion of a ROLL BACK by CZ.... =========> HUGE MANIPULATION! we are not safe, Bitcoin seems not centralized, our core principle (inmutability) is BETRAYED
https://twitter.com/CoinSpice/status/1125979761728049152
https://twitter.com/CoinSpice/status/1125979761728049152
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?
The recent hack which many are disappointed and even shocked to learn can have some effects on the BNB token but of course this can easily be remedied by Binance people by being open about it and the things they are doing to prevent the same thing from happening again. Binance remains to be a very profitable operation and this may not be making a strong punch on their finances...the most important for now is to make sure that all the coins/tokens of the users were not touched so that there will be continuing fear by its customers. I am sure that Binance can easily survive this and if I have the money this can be the best time to enter into BNB.
Depens to the people if they are going to sell their BNB token for sure the value of tokens decrease because of what happened to the Binance I don't think they have effect on the BNB because as investors of the BNB I will still hold that token because I believe to this token because they have potential and it will not affect my decision even I saw some news account from the Binance hack by the hacker.
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