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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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55884023 No.55884023 [Reply] [Original]

get out now

>> No.55884072

>>55884023
>BNB big crash very soon
ok i'll bite tell me why. are we talkin LUNA-level crash or ICP-level crash

>> No.55884084
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55884084

>>55884072
There is a reason $BNB has not dropped below $212.

Binance has a $BNB backed loan liquidating at $212 down from $220 after margin was added in June.

Rationale:

-
@cz_binance
is in self preservation mode selling BTC from the bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h wallet for TUSD and buying $BNB to save his exchange chain from a fatal margin call.
- US regulators are selling down the US Marshals holdings to force liquidate $BNB loan to drive
@cz_binance
out of the industry. Cat and mouse game.

>> No.55884309

>>55884084
cope I heard about that but it doesn't mean it's going to have a proper crash. it might perform like shit if binance/cz default or something but that's about it, it will stay around as the fucked up pseudo-decentralized chinese scamchain where rugpulls are farmed daily and nobody makes it, like it is now.

>> No.55884365
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55884365

>>55884023

>> No.55884888

>>55884023

you wish? If we had another crash this is great depression level crash.

>> No.55884923

>>55884084
Why not just halt trading and querry the algo market making bots to open at a price of $250 and keep it in a range ?