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astronautdotgg
Jan 4, 2018 12:26 AM

BNB - long term GOLD. Long

Binance Coin / BitcoinBinance

Description

Binance (BNB) is a very good long term investment. A majority of traffic is LEAVING Bittrex and switching over to Binance. Why Binance? First of all, Bittrex closed registrations for over half a month and it is REALLY hitting them hard. A lot of people are entering the crypto market and resorting to Binance as their exchange of choice now. Binance also has a niche that is the mobile app which so many people use because there are very few apps that allow mobile trading, and we all know crypto people love mobile apps. As well Binance has fixed a huge amount of bugs, added key features like stop losses, and have made major improvements to their exchange. At this rate I think Binance this year may overtake Bittrex - but honestly who knows? If you have spare BTC I would heavily consider putting money into BNB as it can explode if Binance starts to take over. There are so many people entering the cryptocurrency market and are resorting to Binance because they can't sign up with Bittrex. Not only that but the Binance development team is more responsive to user feedback and have blown my mind with the improvements they made. Also the BNB currency actually REDUCES fees that you use on the exchange which is leading to a lot of people buying the actual currency. Now on the technical-analysis perspective, BNB is in a bull flag and the recent 5x pump coordinated with the closing of registration on Bittrex. I think that BNB can break upwards and soar even higher - better to get in now than later. I know personally a lot of my friends who have entered crypto currency this past month have signed up on Binance because it is more accessible and easier for them to use than Bittrex, as well as the fact these new folks can't even sign up on Bittrex. Binance has handled traffic very well and their uptime is fantastic compared to the horrors experience on Bittrex recently.

Comment

Read more about it here: pureinvestments.org/blog/index.php/ta/2018/binance-bnb-huge-potential-for-2018
Includes research and sources.

Comment

2.5x goal hit, this is not the end though. You can bypass Binance registration closures with my referral link: launchpad.binance.com/?ref=19061277
Comments
Theageofenlightenment
Forgot something vitally important!!! Binance is doing a 100 million coin buy back in Q1 of 2018!!! This will make it MOON!! Deflation, econ 101

fool.com/investing/2018/01/02/forget-bitcoin-here-are-12-cryptocurrencies-you-sh.aspx
Darthstrukt
BNB is extremely undervalued. #sleepingbeast
Theageofenlightenment
@Destrukt,

This thing is going to the stratosphere and possible the moon after! Binance is doing a 100 million coin buy back in Q1. This is going to be huge!!!!!!!!!!!!!!!!!!!!

fool.com/investing/2018/01/02/forget-bitcoin-here-are-12-cryptocurrencies-you-sh.aspx
halftheman
good analysis of BNB. it does look as an excellent and innovative exchange service.
Nazgul_RW
I agree it seems like a safe bet. The funny thing is binance went down just now writing this.
astronautdotgg
@Nazgul_RW, it was planned maintainance, nothing to worry about :) just the dev team making sure they can handle the new crazy traffic without lag.
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