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TikeT
Feb 10, 2021 12:17 PM

When will the bubble burst? 

Binance Coin / US DollarBinance

Description

Is BNB a cryptocurrency or a hoax? Since the beginning of the year, BNB has grown by 2000+%. I believe that such growth will not last long and the collapse will not be long in coming. What is your opinion?
Comments
geekpe
i not think 1 year of crypto fomo not is sustainable
a lot of parabolic altcoins without finished product...this could crash soon
if the hype was fast why the crash not could be fast...
maybe not next days but soon whales need to buy cheap..
burgercrisis
I looked at your history and you seem accurate but I hope you are wrong here. I'm gonna have trouble sleeping knowing it seems to have started if it is happening... Looked away for a few minutes and it dropped from 145 to 120... got me worrying but not exactly wanting to sell at 120 cause I got in late. But I think it could still hit 200 or 300 this cycle. It might be going down now but I don't think its over. It might be a long, slow pump and dump but I think its probably just binance gaining traction as people build on Binance Smart Chain and get tired of Ethereum chain fees. Its kind of a no brainer right now if you're getting into defi apps and what you want exists on both chains to use binance unless youre already a millionaire or something so my thought is simply more and more people are using binance chain but it may still drop regardless. It passed my supports so I am worried lol might have to sell but part of me is saying buy still
TikeT
@burgercrisis, Too explosive growth. There are many examples of cryptocurrencies that skyrocketed by thousands of percent and fell just as quickly. And Binance coin is not a cryptocurrency at all. This is the internal token of the exchange. A friend bought it from me too, so it became interesting to me. I myself only trade six major cryptocurrencies. Too paronormal candle was drawn. She then embarrassed me. And there are no volumes either in ATAS or VolFix. There is no information on purchases and sales. And this turns out to be a blind trade. But your opinion also has a place to be. Thank you for your comment. It is interesting to know the opinion of people on this matter.
crazyernie
@TikeT, wrong binance launch binance smartchain which is a copy of ethereum used to build decentralized applications with very low transaction fees
TikeT
@edicoum, Well, this does not change the fact that this token is blown up like a bubble. And with this value of the token, the commission will be higher by 2300% in fact. This one is like Ripple, which was created to facilitate bank transfers at reduced fees. But imagine if XRP is worth $ 100 ... then the whole point of the token is lost. But XRP is a separate token, unlike BNB. BNB similar to the Exmocoin token.
crazyernie
@burgercrisis, Maybe you have never been in a crypto bull run. Binance is going to hit a 1000's screenshot this. I hate the ceo and dont trust their project. Its going to 1000 , there is nothing you ca do about it .
TikeT
@edicoum, Yes, I have nothing to do with these races ... I'm trading the system. 1000? Well, it's not for the director to decide, he's not pumping his own money there. This decides supply and demand, which means buyers and sellers. But given the fact that volumetric analysis does not work on this token, since there is simply no data on purchases and sales, this raises serious doubts. Even for Bitcoin, this growth is crazy, and even for a fully dependent token, even more so.
crazyernie
@TikeT, well i think he can manipulate the price, as price rise attract new bagholders . its really easy if you know what you are doing ,
TikeT
@edicoum, That's what I'm talking about. After all, this is pure deception.
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