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Topic: Will Binance get closed down? - page 8. (Read 12325 times)

member
Activity: 189
Merit: 10
April 26, 2019, 09:25:22 AM
#89
I think this is very bad, if this is true there will be a regulation on binance and some of the existing exchanges regarding cryptocurrencies, prices will likely be pushed down, according to fundamentals there will be more sellers than buyers if viewed from trader psychology.
will it affect the BNB market in a comprehensive manner? if good coins will certainly have good regulation too. now BNB is arranging their projects as they want. if it is in demand by the market, nothing will happen.
jr. member
Activity: 336
Merit: 3
April 26, 2019, 09:20:31 AM
#88
I think this is very bad, if this is true there will be a regulation on binance and some of the existing exchanges regarding cryptocurrencies, prices will likely be pushed down, according to fundamentals there will be more sellers than buyers if viewed from trader psychology.

Holding Binance coins is risky!
cuo
full member
Activity: 560
Merit: 185
April 26, 2019, 09:13:59 AM
#87
I think this is very bad, if this is true there will be a regulation on binance and some of the existing exchanges regarding cryptocurrencies, prices will likely be pushed down, according to fundamentals there will be more sellers than buyers if viewed from trader psychology.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
April 26, 2019, 09:09:56 AM
#86
Binance is more popular and trustful exchange nowadays. It is very doubtful what it can be closed. I believe there are a lot of good lawyers in Binance which watch out for exchange to works according all legal regulatory and have no problems in this field.
More so I don't  think binance will disobey and indulges in any form of illegality that will warrant it closure by the US government they (binance) will operate within the sovereignty and control of the US government that is if they are allowed to operate there,  to avoid any sanction however its very advisable to always hodl a large chunk of coins in a hardware wallet ie. bulk of the coins shouldn't be hodl in any exchange despite the credibility of that exchange because exchanges are liable to hacking nowadays.
jr. member
Activity: 336
Merit: 3
April 26, 2019, 09:08:40 AM
#85
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion

that's almost impossible in near future, because binance is the top of the market and the services also at it's best.
So people will just trade in binance will all those qualified coins, because it's not cheap for a coin to enter binance.

What planet are you on. Binance is illegally serving US customers!
full member
Activity: 924
Merit: 221
April 26, 2019, 08:59:06 AM
#84
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion
I do not think that it will going to.happen to Binance that easily. There might be some exchanges that will be closing down due to the fact that they are faking volumes on it to attract more users to use in their platform or.exchange.

Binance os one of the best exchange and I have seen a rank on exchanges to which Binance had almost taken the half crypto market cap.volumes in total compared to other combined exchanges.
sr. member
Activity: 938
Merit: 256
April 26, 2019, 08:53:41 AM
#83
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion

that's almost impossible in near future, because binance is the top of the market and the services also at it's best.
So people will just trade in binance will all those qualified coins, because it's not cheap for a coin to enter binance.
jr. member
Activity: 336
Merit: 3
April 26, 2019, 08:51:04 AM
#82
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion
I can't just imagine this information, if the Fed has closed exchanges in the past because of some legal reasons does not mean they will close binance because of Craig Wright. I know binance must have made some mistakes but that's not enough reasons

I think if binance delist BSV is binance right and i am believe before delist BSV, binance already consult with their lawyer. Beside that, Binance is regulated exchanger in many country and i think The Fed can not close binance.

You are a fool: Wall Street want Binance closed down: The US can close them on a money laundering and terrorism basis!
member
Activity: 840
Merit: 10
April 26, 2019, 05:27:57 AM
#81
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion
I can't just imagine this information, if the Fed has closed exchanges in the past because of some legal reasons does not mean they will close binance because of Craig Wright. I know binance must have made some mistakes but that's not enough reasons

I think if binance delist BSV is binance right and i am believe before delist BSV, binance already consult with their lawyer. Beside that, Binance is regulated exchanger in many country and i think The Fed can not close binance.
newbie
Activity: 168
Merit: 0
April 26, 2019, 05:07:37 AM
#80
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion
I doubt there will be a disaster on cryptocurrency industry if this ever happens. Just imagine an exchange, a high performing exchange listed on top among the exchanges shuts down by the outside group, that would be problem for most of the trader having Binance as a main exchange. Perhaps, Securities and Exchange Commission could really come after the binance however there will be a great adjustment like time for all user withdrawal and some retail cryptocurrency brokerage firm will be affected like eToro and Bittreo since their spot pricing depends on binance. However, this matter will be in deep study by SEC and as i have said Binance is a great performing exchange compared to others under safe and legal standards and shutting it down will be a great loss for them also.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
April 26, 2019, 04:45:30 AM
#79
To be honest, I can't believe it at all.  Because it is impossible and no one needs.  This is specifically made such news.  To all worried and more PR whether.
Of course, these are just rumors that are created to ordinary people, who understand little about how the market works, start to panic
sr. member
Activity: 1056
Merit: 251
April 26, 2019, 04:09:22 AM
#78
To be honest, I can't believe it at all.  Because it is impossible and no one needs.  This is specifically made such news.  To all worried and more PR whether.
full member
Activity: 966
Merit: 100
Harmony for One and All
April 26, 2019, 03:58:28 AM
#77
Binance is more popular and trustful exchange nowadays. It is very doubtful what it can be closed. I believe there are a lot of good lawyers in Binance which watch out for exchange to works according all legal regulatory and have no problems in this field.
jr. member
Activity: 201
Merit: 1
April 26, 2019, 03:55:56 AM
#76
binance can never close down,binance is still the best exchange so far. i prefer binance more than any other exchange because i know my asset is save and secure.upcoming blockchains always love to get their coin listed on binance too but because of the fee most of them cant cope and they will list on cheap exchange an later the coin will become shit within a blink of eye. so binance is still the best so far and i so much love the exchange  
jr. member
Activity: 448
Merit: 2
April 26, 2019, 03:52:29 AM
#75
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion
I can't just imagine this information, if the Fed has closed exchanges in the past because of some legal reasons does not mean they will close binance because of Craig Wright. I know binance must have made some mistakes but that's not enough reasons
sr. member
Activity: 1050
Merit: 254
April 26, 2019, 03:39:04 AM
#74
Just another sad action from Craig, it's totally not true and binance wil never get closed down imo. Binance base is not on USA and also with the current BNB price and big volume trading, binance will never get closed down, i even think binance will become more popular in the future.
full member
Activity: 1386
Merit: 101
ComboLabs
April 26, 2019, 03:20:42 AM
#73
Binance operates its licence in Malta. So why should that affect it? With its innovation and security, I don't think Wright's whining will do it any harm. BTW, if push comes to shove the American customers might be asked to withdraw their patronage and that won't shake the exchange an inch. Binance is a strong viable exchange. I don't have any worries about them.


I think Wright's is once again trying to influence the crypto market with some whining.
and I agree with you, bincane has been tested quite strongly in crypto trading. so I don't think it will have a big impact if what the OP says will happen
sr. member
Activity: 1204
Merit: 272
1xbit.com
April 26, 2019, 03:12:50 AM
#72
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion

Binance can never be closed.
And you should watch your words and do some research before saying anything about any reputable sites or exchanges.
I mean many people's life rely on that exchange who choose trading as their main profession.
Also you need to understand when does a site closes or what are the circumstances that can led to the closing of a reputable site.
Hope you understand now.
newbie
Activity: 4
Merit: 0
April 26, 2019, 03:08:24 AM
#71
The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Opinion

I respect your opinion but I steongly disagree that the exchange itself will be taken down. Yes there are US customers but I think binance staff have think about this already and they are steps ahead already with this issue.
jr. member
Activity: 139
Merit: 1
April 26, 2019, 03:05:37 AM
#70
Binance dosent have anything to do with US because they don’t operate from there and also they have there license. The team thought of this in time past and made all corrections to what could lead to this. Binance won’t shut down because of Craig and they are not doing or violating any rules so for now they won’t shut down.
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