Let us also remember that it did come from dust.
As long as CZ remembers that he won't be back there. Let's just say it will, at least he also knew how to get back up. That's the perk of starting from scratch, you know the feeling of the impossible being possible. You will be hit hard while going up but you will need to break all those walls to go thru.
Unlike other exchanges with rich investors backing them up, those kinds don't last long because they want to claim their capital in a rush.
Topic: Who Will buy Binance? 🤔 (Read 380 times)
Who will buy Binance 🤔 if they go to dust 😔?
Watch out for Elon, he can afford Binance and probably he will save that biggest crypto exchange and dominate the whole market againI doubt. Elon may be an eccentric person and all, but buying Binance is so out of the picture. Like you stated, Chang seems to be doing just fine and if ever there was a company that would have needed saving, it would have been FTX.
The dude's got a lot on his plate, what with him trying to make Tesla's market value be higher to that of Apple and Saudi Aramco and also, he hasn't recovered his money from the Twitter purchase. Come on, give the guy some space. And the operative word here is 'if'. As it is, Binance is not looking to bite the dust any time soon.
Besides it is better to not even think at the moment about a possible collapse of Binance, because if that happened right now when the market is so vulnerable I do not want to think how much deeper the current crash could go.
It's a very difficult question to understand. There's no way the owners of Binance had the idea of selling it. Instead, they (Binance) have started to strengthen their security system so that FTX problems don't occur on Binance.
Can't imagine if Binance crashed. Almost all projects in crypto use their network.
Can't imagine if Binance crashed. Almost all projects in crypto use their network.
Who will buy Binance 🤔 if they go to dust 😔?
Watch out for Elon, he can afford Binance and probably he will save that biggest crypto exchange and dominate the whole market againI doubt. Elon may be an eccentric person and all, but buying Binance is so out of the picture. Like you stated, Chang seems to be doing just fine and if ever there was a company that would have needed saving, it would have been FTX.
The dude's got a lot on his plate, what with him trying to make Tesla's market value be higher to that of Apple and Saudi Aramco and also, he hasn't recovered his money from the Twitter purchase. Come on, give the guy some space. And the operative word here is 'if'. As it is, Binance is not looking to bite the dust any time soon.
Elon is the first one that I have thought of. But if this is going to be the new trend in the competition of exchange then I'd be scared to see a monopoly on it.
Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.
Why shouldn't it be like the other tech companies? Look at google, facebook, amazon and all others they keep on buying smaller and smaller companies to grow their own company. I wouldn't be shocked to see crypto companies start doing that as well, if you are an exchange then you could end up buying out smaller and smaller exchanges to grow your company and keep on being higher and higher.Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.
Plus, this works out better for them too because it means they could end up with more people putting their money into wallets there too. So, I would be lying if I say that this is the last time I am expecting such a thing, there is a high chance something like this will happen again.
Who will buy Binance 🤔 if they go to dust 😔?
Watch out for Elon, he can afford Binance and probably he will save that biggest crypto exchange and dominate the whole market again.Binance is pretty solid though, they have back up plans and their SAFU are still intact, Binance going into dust is like having a whole bad faith against cryptocurrency. Binance will grow more as they continue to innovate and with the plan to buy FTX, probably the share of Binance in the market will grow more.
Elon Musk is not that almighty as people see him. He has bought Twitter with the help of other campaigns. He has spent those $44 billions not directly from his pocket. By the way, Binance invested $500 millions in Musk's Twitter purchase for example. In fact, Musk seems to be not much interested in cryptocurrency lately.
I dont think someone would really be interested in buying Binance. Because no one would consider selling or, if there is intention to sell it, then there is something shady with it. No one would sell such a profitable asset.
Yes, CZ is one of the monuments, makers in the market and he is also the richest billionaire in the crypto market. There is no reason for him to sell his empire, the market share of Binance is taking the majority of the market. The future is unpredictable, but now the remaining opponents are very difficult to beat binance.
Who will buy Binance 🤔 if they go to dust 😔?
Watch out for Elon, he can afford Binance and probably he will save that biggest crypto exchange and dominate the whole market again.Binance is pretty solid though, they have back up plans and their SAFU are still intact, Binance going into dust is like having a whole bad faith against cryptocurrency. Binance will grow more as they continue to innovate and with the plan to buy FTX, probably the share of Binance in the market will grow more.
Elon Musk is not that almighty as people see him. He has bought Twitter with the help of other campaigns. He has spent those $44 billions not directly from his pocket. By the way, Binance invested $500 millions in Musk's Twitter purchase for example. In fact, Musk seems to be not much interested in cryptocurrency lately.
I dont think someone would really be interested in buying Binance. Because no one would consider selling or, if there is intention to sell it, then there is something shady with it. No one would sell such a profitable asset.
Who will buy Binance 🤔 if they go to dust 😔?
Watch out for Elon, he can afford Binance and probably he will save that biggest crypto exchange and dominate the whole market again.Binance is pretty solid though, they have back up plans and their SAFU are still intact, Binance going into dust is like having a whole bad faith against cryptocurrency. Binance will grow more as they continue to innovate and with the plan to buy FTX, probably the share of Binance in the market will grow more.
I'm sure Binance will be a great exchange for a long time. They are always innovating and creating new products for their customers, I don't see them faltering anytime soon.
The main problem here is that we are at the bottom of a “bearish cycle” which means crypto will generally go down until it starts a new uptrend.
The main problem here is that we are at the bottom of a “bearish cycle” which means crypto will generally go down until it starts a new uptrend.
if that's the situation now, there must be more popular exchanges before Binance turns to dust. but now we can see how popular the Binance exchange is. he is gradually buying companies and partnering with local exchanges from several countries to develop and support Binance. Binance is so strong in the crypto market right now, it's hard to see a competitor any time soon. but that doesn't make something popular lose everything.
if anyone could buy Binance, I think he was the one who bought Twitter and fired some of his employees on his first day on the job. but I don't expect it to happen to Binance, because if it does, it means something bad is happening in the crypto market.
if anyone could buy Binance, I think he was the one who bought Twitter and fired some of his employees on his first day on the job. but I don't expect it to happen to Binance, because if it does, it means something bad is happening in the crypto market.
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Fortunately, Binance stopped buying FTX and this deterministic flow was broken at the last minute. :)
Quote
As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of http://FTX.com.
https://twitter.com/binance/status/1590449161069268992We all have to admit that Binance is the highest quality centralized exchange in this ecosystem, but we should definitely not trust centralized exchanges. The problems that FTX and other shit exchanges are experiencing may one day be experienced in Binance. We must take our precautions and always be prepared for problems.
Binance and all the others that you named are not at the same levels. Binance won't go bust, but even if somehow it does then there are no people who could recover that all. At the end of the day, Binance knew what they were doing with this FTX deal and even though it may have looked big to many people, FTX was tiny compared to most other places and that is why them bankrupting and going down didn't hurt the market too much.
Everyone acts like there is a huge crash and we are dying but a daily 10% drop is nothing in crypto, it is very common, hell we are still above 18k which we were here just a few weeks ago anyway so it is not really a big deal at all and should be seen as normal.
Everyone acts like there is a huge crash and we are dying but a daily 10% drop is nothing in crypto, it is very common, hell we are still above 18k which we were here just a few weeks ago anyway so it is not really a big deal at all and should be seen as normal.
Luna goes bust
>3AC goes bust
>Voyager and friends go bust
>FTX buys it
>FTX goes bust
>Binance buys it
Who will buy Binance 🤔 if they go to dust 😔?
>3AC goes bust
>Voyager and friends go bust
>FTX buys it
>FTX goes bust
>Binance buys it
Who will buy Binance 🤔 if they go to dust 😔?
Binance currently dominates the market and has the largest market share, I don't see a problem with them right now so they have no reason to be liquidated like FTX. FTX was not transparent in its investments, they themselves became greedy and forced CZ to sell all his FTT tokens causing market panic.
Yesterday when Binance announced the acquisition of FTX, I didn't believe it because doing so binance would be sued for antitrust laws and would be investigated by the government. In the end, everything didn't happen and FTX was liquidated today. FTX has officially suspendedwithdrawals and there have been rumors they are filing for bankruptcy.
Who will buy Binance 🤔 if they go to dust 😔?
It could be elon musk who will buy binance!I know this was a joke but I won't be surprised if Elon musk comes to Binance rescue anyday they have an issue with withdrawal as FTX had some days ago and resulted to the CEO wanting to sell the exchange. Binance had heavily invested in the right places and that's something FTX wasn't doing instead they were mismanaging their funds. FTX wasted money in sponsorship that had no impact on the growth of their exchange. Binance invested in twitter and Elon is a very close friend of CZ so they can get into some partnership in future if binance was to need one.
Binance also has ties with China government as billionaires from that country could help CZ out if he get into some money problem. The Chinese never abandon their own unlike we the westerner.
Elon is the first one that I have thought of. But if this is going to be the new trend in the competition of exchange then I'd be scared to see a monopoly on it.
Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.
I guess elon gonna hardly take ownership of these kind of exchanges, I think even though he's very rich but he definitely has the criteria of the business they he definitely wanna owns, and it's like twitter where there's so many potential left yet isn't being taken advantage of by the platform, then elon comes in and acquiring it with the vision of using that potential to its utmost, I don't think this is the case with binance.Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.
maybe a new exchange, which can fight binance, as we know binance is the biggest exchange right now, so if anyone can beat binance in the near future or later, that exchange will buy binance assets, we don't know in the future everything can happen in the world this crypto
No chance for a new exchange to beat Binance. Even those top exchanges cannot beat Binance, so why a new exchange to beat Binance? It is something impossible. I don't think there is an exchange to buy Binance assets, CZ won't share Binance assets.
The possible thing is that there is a bad issue related to Binance. It may be about the services on Binance or about the BNB coin itself. However, I think CZ can deal/handle with any issue related to Binance and BNB coin.
Luna goes bust
>3AC goes bust
>Voyager and friends go bust
>FTX buys it
>FTX goes bust
>Binance buys it
Who will buy Binance 🤔 if they go to dust 😔?
DO you think cz would be so dump that he will allow Binance to go burst? CZ is a wise man that knows what he is doing and he would not allow anything like such to happen to his exchange. Move over Binance is the biggest crypto exchange in the whole world with strong team supporting it. >3AC goes bust
>Voyager and friends go bust
>FTX buys it
>FTX goes bust
>Binance buys it
Who will buy Binance 🤔 if they go to dust 😔?
Let's watch what could happen to Binance because I we all know that Binance had been hacked before and now it is staying strong and focus. Binance had finally take the decision and bought FTX and I know CZ will buy more if he has any such competitors coming his way.
It's just one of those things where you sit back and watch as things unfolds. There are many companies or people that are more than capable of buying the exchange. I wouldn't be surprised if some banks or Governments make an offer someday.
I have a strong feeling that CZ wouldn't dare to put on sale his exchange and it's most likely he's going to do something about of the token. You guys think he's not ready if there's something bad going to happen to his business he's just gonna sell it?Let's just guess and wait till things getting unfold but if CZ would sell it to the government or Banks, I think we better find a new exchanges in advance. I really hope CZ is ready about this since crypto market is always unpredictable and risky.
Who would buy Binance? pretty much sure that he wouldn't let it happen on where he would be ending up on the one who being bought.
Its hard to make out some conclusions when it comes to future of anything.For now then its best to deal up and always be mindful about having that risk management.
It's just one of those things where you sit back and watch as things unfolds. There are many companies or people that are more than capable of buying the exchange. I wouldn't be surprised if some banks or Governments make an offer someday.
I have a strong feeling that CZ wouldn't dare to put on sale his exchange and it's most likely he's going to do something about of the token. You guys think he's not ready if there's something bad going to happen to his business he's just gonna sell it?Let's just guess and wait till things getting unfold but if CZ would sell it to the government or Banks, I think we better find a new exchanges in advance. I really hope CZ is ready about this since crypto market is always unpredictable and risky.
Elon is the first one that I have thought of. But if this is going to be the new trend in the competition of exchange then I'd be scared to see a monopoly on it.
Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.
I guess elon gonna hardly take ownership of these kind of exchanges, I think even though he's very rich but he definitely has the criteria of the business they he definitely wanna owns, and it's like twitter where there's so many potential left yet isn't being taken advantage of by the platform, then elon comes in and acquiring it with the vision of using that potential to its utmost, I don't think this is the case with binance. Since CZ started it out, it's possible that the other bigger enterprises and exchanges would do the same thing in terms of business availability and expansion.
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