/biz/ - Business & Finance

Litteraly the best coin

I was going to go all in at $4 and people told me I was stupid, same with 8 12 and now 16

Can't stop, won't stop

It is not gonna stop for a while, but you guys really should set your stop-losses on this. At some point this will come crashing down. Whales will need to take their profit. And also so should you. At the rate its growing it will flip BTC in this market within a few weeks. And if that doesn't sound unreasonable, then you will be in for a surprise.

>>9921255

Pic from a couple of days ago, but without checking I am sure its not much different right now.

>>9921268

And here you can even see BNB resemble the BTC bull runup in 2017.

>>9921280

Perspective, we are at the arrow.
It's fucking scary to me. I hope you guys profit.
I am not touching it.

>>9921268
>>9921280
>>9921286

Thx, that's uncanny.

>>9921316

If you do some further digging, the two biggest holders are BNB is Binance. And for some reason Binance keeps inflating their own BNB stash daily. Starting from 300k BNB all the way up to 900k BNB at this point. Almost certainly through bots.

https://etherscan.io/token/0xB8c77482e45F1F44dE1745F52C74426C631bDD52?a=0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be

>>9921374
I warned of this in another thread but not many people picked up on it. Binance will be using its own tokens to transfer back to USD same with its stockpiles of tether.

Announce coin burn > accumulate your own token > burn > sell off for mega profit.

>>9921374
After seeing this I dont know if funds are saifu anymore on binance. Also I think the via pnd fiasco was probably organized by binance themselves to give users false the impression that they can fend off any attack and refund their lost funds causing more people to leave funds there.

Binance manipulates and wash trades their own token only listed on their own exchange

What a shock

>>9921753

More than likely. I mean they are not a socialist cooperation planning to distribute all those gains back to holders. At some point they will have to cash out.

they keep buying cos they have to burn it.
and mostly because of dex swap will take place . they come from 0 to top exchange in 1 year and i see they will be one of the best inthe future with their knohow and marktg.
when they'll switch to dex bnb will be on top of the chain.
try to figure what could be the revenue in staking the number 1 exchange in the world. enjoy

>>9922710
they are no 1 in a bear market becuase people are only trading shitcoins with each other.

>>9922732
so we wll be in a bear forever?
i'm kinda newfag here, but i can make up my mind how people always just fud or fomo without keep an eye on the reality.
where are we headed? if btc goes to 0 (which i doubt) al money in crypto is burned.
if blockchain and crypto have a future , there are some 10/50 companies outthere that will be big players. you only have to choose the roght ones.
figure out
profit
enjoy

>>9922796
>if btc goes to zero all crypto is burned
probably false. ethereum will hold the rest of the market up.
ans the reason binance is no 1 in a bear market is because theres no new money going in, and binance cant do fiat

>>9922809
right. they can't fiat right now. just in case, this last pump started after they announced EU accounts and fiat(EU)/pairs trading.

just for a guess then. DEX competition closes on june. I wonder if they are much closer than everyone thinks to start the DEX ...

>>9922869
>they cant fiat right now
how will they ever fiat? they cant stay in one spot long enough because they keep running from regulators.

>>9922905

They have a EU bank account in Malta.

> https://ellulschranz.com/crypto-giants-binance-opens-a-bank-account-in-malta/

>>9922905
jeesus. sorry. where they were before binance ?
sorry. nevermind. go on with that.

>>9922984
because eu hasnt clamped down on their shady dealings yet
they ran way from hk, then from japan. they will never have fiat

>>9922277
and of course the're not...
would it possible theyre just accumulating for giantly staking their own dex?
FUD apart it looks to me they wanna play very big in the future, they wanna be regulated and emerge worldwide as a legitimate operator. just accumulate.

>>9923071
>they wanna be regulated
this is the one thing they do not want. thats why dex

>>9923091
could be. so do you think that there will never be a regulated dex exchange ? if it's true that blockchain is gonna have a future, i think it's reasonable assume exchanges will be there also.
in general i know that crypto world is full of scammers and hype right now. i can't be sure bnb is'nt one of them, just i can't be sure about 99% of projects out there. just i see them closer to real use respect much of shitcoins we see eveyday.

>>9923152
the whole point of a dex is to be able to escape any regulation or centralised oversight. why else would you dex?
also binance ran away from japan and hk when they wanted to regulate it.
it think its pretty clear what cz thinks about regulation.

got 500+, i suggest you all do the same too.

escape from japan and HK and go to EU ? does'nt seems a smart move to me.
strange because CZ and his partners (dunno who's behind really) plays a very smart game usually.
Malta is the cheaper country in EU on taxes, and i see the move as a kind of trojan horse to break in .
you're right, BChain is about decentralisation, but at some point it must be someway regulated : and by regulated i mean taxes.
BC is also cheaper as a structure in terms of efficency , thtt's why we are moving in that direction i guess.

I have 12000 bnb, have them since almost day 1 on binance.
I'm pretty sure I'll get away with selling it once it reaches 100$ or something like that.

>>9923366

how long until do you think that happens? also how have you gone about getting referrals and do you think it will be listed on coinbase in the near future

>>9923233
>>9923366

just have a "real" exit strategy. And stop-losses.
Chances are high that you are riding a bubble which might burst at any given moment.

It literally hasn't stopped going down for the past months.
There is a limit to growth, and we are about to short term go parabolic here on BTC/BNB

>>9923366
>>9923233

just have a "real" exit strategy. And stop-losses.
Chances are high that you are riding a bubble which might burst at any given moment.

It literally hasn't stopped going up for the past months.
There is a limit to growth, and we are about to short term go parabolic here on BTC/BNB

>>9921753
tfw funds are no longer safe

>>9921080
I'm literally sitting on 25% profits after riding VEN earlier this month. At this point I'm starting to get nervous since we've had nothing but day after day 3-10% gains. This is getting too hit too fast, but I honestly don't know if it's from new users coming in and trading or just from Binance inflating it alone.

>>9923618
There's been plenty of pullbacks. You should definitely start taking profits, but I still don't think the top is in yet. If it's anything like last quarters it'll keep pumping even after you're convinced it can't go further.

>>9923709

would kill to be a Binance employee
You'd know exactly what big boss CZ would be up to.
CZ would take good care of your funds.

based CZ will secure the world and ultimately intergalactic funds. bizonacci wasn't joking around; it was a prophecy.

>>9923528
>>9923709

>trying to guess the top

one major difference to this from other coins is the referral system. with 500bnb if i can get 40% comission i dont know if i would sell even if it goes below my stop loss (which is around 200k sat )

>>9921080

Been trying to buy some lately but it just keeps pumping? If it pumps like this in a bear market wtf is it going to be like in a bull market? I can see a $100 BNB if we get a proper bull market again.

>>9923709
yea. cz can pull out another "bonus round" and up it goes again.