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Topic: Invest in Binance coin - page 3. (Read 498 times)

hero member
Activity: 854
Merit: 1002
February 20, 2018, 12:54:15 AM
#17
Investing in binance coin is like investing in a company asset. As long as the exchange works fine, this investment is a good option, but if one day, this exchange gets seriously hacked, binance coin will be worth nothing, so as always, don't put all your eggs on the same bag  Wink


Anyway this burning can create a hype effect, so the value could rise, without thinking the fact supply will be lowered.
jr. member
Activity: 55
Merit: 6
February 20, 2018, 12:38:23 AM
#16
are you sure that burning will increase price?

No surety is there in crypto markets. But we can predict the future by looking at the past. It worked the last 2 times. It is very likely that a currency value will increase after burning. Read this. BNB being less in volume and still burning has a high possibility of increasing after burning.
full member
Activity: 630
Merit: 110
February 19, 2018, 08:35:26 PM
#15
I think Binance coin (BNB) had a nice rally during last burn cycle. A burn is
always bullish and going by the huge revenues Binance is making, BNB is
a good long-term hold.
member
Activity: 110
Merit: 10
February 19, 2018, 07:24:49 PM
#14
At least it's a good buy for those trading on Binance. The 50% discount on trading fee adds up soon.
full member
Activity: 294
Merit: 125
February 19, 2018, 07:19:37 PM
#13
Burning coins to have a lower supply is a good move to increase the value of each token. however it depends on the market. If the market will stay on a bearish trend. the expected price pump after binance burned their coins might be not as much as 100 or 50 USD. 25 is more achievable. but anyway, this is a good buy because we are at 11 USD price now. 
member
Activity: 350
Merit: 10
February 19, 2018, 06:40:40 PM
#12
if you are binance day trader , then definitely buy this , whether price increase or not , but at least you will save 50% fees .
also binance going to launch many new things in future (dex is one of them) , so better you buy it .
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
February 19, 2018, 05:44:27 PM
#11
To all the people who are still mourning/whining the crash of the market(even though it has stabilized and it's increasing now) and are looking to get back in the game, here's a good news for you all. Binance coin(BNB) is all set for the third burn and you should start stacking up your BNBs.
Here's the article - https://www.cryptorecorder.com/2018/02/18/the-upcoming-march-burn-will-push-binance-coin-bnb-to-50/

I like the binance buyback business plan, that's obviously can make the price increase a lot. They set another burn in March and that prediction seems to have 100 accuracies about the pump of binance token.
I've bought some more binance token and just waiting for the burn in the next month. Burn is basically given direct impact on the price.
Erase more coin from supply and make it less and less. Binance has active source income for that.
member
Activity: 238
Merit: 10
Revolutionizing Brokerage of Personal Data
February 19, 2018, 05:26:33 PM
#10
To all the people who are still mourning/whining the crash of the market(even though it has stabilized and it's increasing now) and are looking to get back in the game, here's a good news for you all. Binance coin(BNB) is all set for the third burn and you should start stacking up your BNBs.
Here's the article - https://www.cryptorecorder.com/2018/02/18/the-upcoming-march-burn-will-push-binance-coin-bnb-to-50/


Thanks for the news. I agree with this article. Mostly Every time when company burns coins the price growth. Binance - not an exception. I thinks it`s good time to buy this coin and keep till summer. All depends from the volume and popularity of binance exchange. I watched binance CEO speech - they have very big plans.
hero member
Activity: 1638
Merit: 518
February 19, 2018, 01:16:54 PM
#9
To all the people who are still mourning/whining the crash of the market(even though it has stabilized and it's increasing now) and are looking to get back in the game, here's a good news for you all. Binance coin(BNB) is all set for the third burn and you should start stacking up your BNBs.
Here's the article - https://www.cryptorecorder.com/2018/02/18/the-upcoming-march-burn-will-push-binance-coin-bnb-to-50/


yes i do
binance coin its a best choice for long term on my mind.
also before they already burn and continue burn their token.
and the best of that is the price looks stable.
member
Activity: 212
Merit: 22
Amazix
February 19, 2018, 01:15:05 PM
#8
I like Binance coin, however i think that Kuckoin shares it's better because they also pay 50% from the profits made from all their trading fees.

But kucoin exchange is not in PAR with binance in terms of speed, feature, reliability, customer support. Though they are fast in adding new coins but lacks in many important features like stop loss. Trading volume of kucoin is also lower so don't expect much returns from 50% profit share.
member
Activity: 392
Merit: 11
February 19, 2018, 12:25:31 PM
#7
If it is based on binance exchange then is a good coin to invest in. Because binance has a good reputation and a great potential.
hero member
Activity: 784
Merit: 500
February 19, 2018, 12:04:13 PM
#6
I like the site very much. But the price of binance coin is a bit high.
hero member
Activity: 647
Merit: 500
The Operating System for DAOs
February 19, 2018, 12:03:03 PM
#5
are you sure that burning will increase price?
It's just a preassumption and speculation.
On the normal markets when the supply is lowered, price goes up, but this is not normal market. Crypto markets are very different than other "regulated" markets.
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
February 19, 2018, 12:00:07 PM
#4
I like Binance coin, however i think that Kuckoin shares it's better because they also pay 50% from the profits made from all their trading fees.


Moreover Kucoin pays 50% reward with the most traded coins. You must not underestimate this fact, because as a rule these assets are the most potential ones. So if you'll hold them the reward would become much more expensive with time.
full member
Activity: 160
Merit: 101
February 19, 2018, 11:49:33 AM
#3
are you sure that burning will increase price?
full member
Activity: 406
Merit: 100
February 19, 2018, 11:43:40 AM
#2
I like Binance coin, however i think that Kuckoin shares it's better because they also pay 50% from the profits made from all their trading fees.
jr. member
Activity: 55
Merit: 6
February 19, 2018, 07:19:45 AM
#1
To all the people who are still mourning/whining the crash of the market(even though it has stabilized and it's increasing now) and are looking to get back in the game, here's a good news for you all. Binance coin(BNB) is all set for the third burn and you should start stacking up your BNBs.
Here's the article - https://www.cryptorecorder.com/2018/02/18/the-upcoming-march-burn-will-push-binance-coin-bnb-to-50/
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