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/biz/ - Business & Finance

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6465220 No.6465220 [Reply] [Original]

INSIDERS TRADING BNB!

COIN BURN IMMINENT!

>> No.6465264
File: 94 KB, 300x300, BNBBurn-01.png [View same] [iqdb] [saucenao] [google]
6465264

BURN BABY BURN!

>> No.6465266
File: 245 KB, 719x920, Smokey the bear investor.jpg [View same] [iqdb] [saucenao] [google]
6465266

Smokey doesn't even care about forest fires anymore. He just wants that awesome coin burn.

>> No.6465360
File: 298 KB, 446x450, DTiB1UaWkAAMMHZ.png [View same] [iqdb] [saucenao] [google]
6465360

@welambonow
Twitter

Posters #21 #48 #64 and #193 will recieve 5 bnb if and when bnb hits $50

Post addys and win some free BNB!

>> No.6465398
File: 44 KB, 534x712, burning.jpg [View same] [iqdb] [saucenao] [google]
6465398

>>6465220
The HK Fire Department is helpless to stop this coin burn!

>> No.6465504

18k incoming!

>> No.6465505
File: 129 KB, 1000x500, moonbeer.jpg [View same] [iqdb] [saucenao] [google]
6465505

see you on the moon bby

>> No.6465539

>>6465220

Coin burn has been priced in since $5. U faggots are gonna get rekt let me tell ya.

>> No.6465605
File: 53 KB, 403x448, 1515921605749.png [View same] [iqdb] [saucenao] [google]
6465605

>>6465539

>> No.6465769

>>6465539
Let's see your math.

>> No.6465963
File: 365 KB, 1920x1080, mothership-01.jpg [View same] [iqdb] [saucenao] [google]
6465963

>>6465539
don't use such mean words ya fuking chink!
Tryin to get you on board the mother ship you ungrateful cumdumpster.

>> No.6466139
File: 81 KB, 1000x625, scorched earth.jpg [View same] [iqdb] [saucenao] [google]
6466139

>>6465539
>>6465963
Hold on there, fellas, we're just supposed to burn the coins!

>> No.6466398

>>6465220
When 100 dolares Rakesh?

>> No.6466445
File: 190 KB, 1899x869, Screenshot_2.jpg [View same] [iqdb] [saucenao] [google]
6466445

looking good boys

>> No.6466607

>>6466445
fuck yeah it is!

>> No.6466748

Hold tight and/or buy the dip guys, a small correction is due

>> No.6466847

>>6466748
dip bought!

>> No.6466979

>>6466847
I hope you're form the future

>> No.6466987

DIP INCOMING

buy before announcement

>> No.6467187

>>6466979
I used to be.

>> No.6467438
File: 123 KB, 1200x800, dip.jpg [View same] [iqdb] [saucenao] [google]
6467438

BUY THE DIP

>> No.6468049

Buy now? What is THE expected Price of this shit coin?

>> No.6468153

This is already priced in, sorry fellas

>> No.6468333

>>6468153
Watch the orderbook, somebody is buying a literal shitton at this price. 1k+

>> No.6468528

support @155k Next wall @160k

Got a rocket in my pocket.

>> No.6468762

Should i buy or not i cannot decide any projections for this?

>> No.6468766

down we go

>> No.6468810

Whales are about to dump, get out while you can

>> No.6468823

>>6468049
This is a coin people actually need. It allows them to save on trading fees on Binance. The price is going up. This means that the earlier you buy, the more you can save on trading fees.

There might be other reasons to have BNB as well... anybody?

>> No.6468833

Get out!!
Binance insiders are dumping

>> No.6468844

Projection: $8

>> No.6468855

>>6468833
Source?

>> No.6468886

>>6468855
an insider clearly

>> No.6468937

>>6468886
You mean like house mice?

>> No.6468948

>>6466398
kek

>> No.6468952

>>6468937
yard moles

>> No.6468985

"Circulating supply is the amount of coin among the people, being actively traded and held onto. Since Binance determines when they will release coins, and controls the supply, once they have the coin from your fees its no longer "circulating". Therefore, when they destroy it, they are only lowering the total supply, but not the circulating supply, therefore, mathematically, the coin burn will have no effect on the price.

HOWEVER, coin burns create hype and people don't have all the information, therefore it creates demand on bnb and increases its price that way"

>> No.6469098 [DELETED] 

EGAS has a 13 mil max coin supply and the price is sub 10cents right now. Even if it turns out to be a scamcoin it will definitely get pumped to $1 before then and that will only put it at 13m market cap.
Take a look@ https://coinmarketcap.com/currencies/ethgas/

>> No.6469208

>>6469098
this is about BNB you fucktard get out of here.

>> No.6469239

Bnb will hit 30 bucks I bet. I'd be surprised if it goes to 50

>> No.6469445

>>6469239
Will it peak at a prime number?
That's all I really care about.
I just need one of them juicy prime numbers.

>> No.6469489

>>6469098
Selling scam coins is bad karma, Anon.

>> No.6469561

It depends on supply... if this thing gets down to a 40 million supply, them based on current cap it would be about $60. But as they burn and price rises, more people buy in. It has actual use case, you can get discounts on ICOs, and it will be gas on their future dex.

This thing will be a $10 billion cap and that means if they ever burnt down to 40 million we are looking at $250.

The next burn is big. If its a huge number, the next one will include months of 8+ billion daily volume, people will anticipate galactically bigger burn in the spring. This will drive this shit to pluto.

>> No.6469833
File: 27 KB, 619x350, OMG.jpg [View same] [iqdb] [saucenao] [google]
6469833

>>6469561

>> No.6469973
File: 70 KB, 579x344, 26855987_10102656816275925_1388630555_n.png [View same] [iqdb] [saucenao] [google]
6469973

Burn taking place now. Post from CEO

>> No.6470019

>>6469973
holy shit its real

https://twitter.com/cz_binance?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

>> No.6470064

>>6469973
Keep your arms and legs inside the rocket at all times.

>> No.6470091

Anybody going all in?

>> No.6470106

>>6470019
Dude so ready for 100% gainz all in at 16500 sats lets go!

>> No.6470126

>>6470106
>>6470091
>>6470019
just went all in

>> No.6470203

>20 btc sell wall
we need another revolution

>> No.6470207
File: 41 KB, 398x431, 1513732249918.jpg [View same] [iqdb] [saucenao] [google]
6470207

>>6470126
HAHA GOT YOU it was all just a prank

>> No.6470233

Tired of seeing red. Sold all my BAT to hopefully see some gains :/

>> No.6470239

>>6470207
all in regardless, the tweet is real

>> No.6470339

>>6465220
BREAKINF 17K its MOONING!!!

>> No.6470342 [DELETED] 

>>6465220

Yeah that’s great and all but earn real money at this Pump discord server discord gg/YQqTCqt

>> No.6470382
File: 130 KB, 600x765, YES.png [View same] [iqdb] [saucenao] [google]
6470382

>> No.6470409

Let's do some math real quick:

Circulating Supply x Price = Market Cap
99,014,000 BNB x $23.27 = $2,303,808,245 USD

This is simple. What you all fail to understand is there's a difference between circulating supply and total supply. Coin burns are done with the coins not in circulation. Therefore, there will be no effect on the price, it's just hype.

Total Supply:
199,013,968 BNB

However, regardless of basic knowledge, the price will probably rise because people are stupid and stupid money wins in crypto.

>> No.6470440

BURNNNNNNNNNNN!!

https://twitter.com/cz_binance/status/952796172418035712

ITS HAPPENING!!!

>> No.6470465
File: 453 KB, 1440x2560, Screenshot_20180115-084050.png [View same] [iqdb] [saucenao] [google]
6470465

>> No.6470482

>>6470409
lowering the total ammount of coins which could be in supply in the future should have no effect on price

brainlet.jpg

>> No.6470483
File: 79 KB, 606x617, IMG_1701.jpg [View same] [iqdb] [saucenao] [google]
6470483

>decentralized liquidity

>> No.6470561
File: 94 KB, 858x536, 1440217271549.jpg [View same] [iqdb] [saucenao] [google]
6470561

>106 btc wall
WHO'S HUNGRY BOIS?!

>> No.6470565

>>6470483
They came so far in such a small amount of time. Only /pol/tards and people who didn't properly research Bancor don't believe.

I'm so glad the article 'Why Bancor is Flawed' was the first google hit for so long. Kept the price low for me.

>> No.6470981

Can it break ATH?

>> No.6471874

>>6470409
they dont burn the coins in reserve you dumb faggot they literally buy them back did you even read the fucking whitepaper lol

>> No.6472221

>>6465539
You are a dumb ass. Coin burn decreases the supply you fuck. Whatever is priced in is going to go up because of decrease in supply. Got damn some of you are retarded.

>> No.6472813
File: 150 KB, 698x834, Screenshot (29403).png [View same] [iqdb] [saucenao] [google]
6472813

what did he mean by this?

>> No.6473317

>>6469561
Pretty much this, we "fee burn" around 300 000-500 000 BNB a day, Token burn will be insane to say the least.

>> No.6473789

Too late to all in?

>> No.6473865

>>6469208
Its a bot

>> No.6474535

Why are there so many sell orders?

>> No.6474648

>>6474535
hasnt reached its old ATH it set a few days ago

>> No.6474734
File: 200 KB, 764x512, 1493938856886.jpg [View same] [iqdb] [saucenao] [google]
6474734

>>6474648
and i fakking bought into it…
i want this fucker to move NAO!

>> No.6474776

all in. how much money am I going to lose?

>> No.6474933

Stop selling this, niggers.
Let it rise a little bit so I can buy my kids some milk.

>> No.6474952

The problem with your expectations guys, is that supply is already limited for a while. They had been accumulating those coins for a while, ejecting them from circulation. So the burn itself isn't going to do anything real. I think it will even drop a bit.

>> No.6475068

he just tweeted 'the burn' and i think it had attached a photo but it didn't load and now its gone

>> No.6475115

>>6475068
https://twitter.com/cz_binance/status/952854361998204928

here it is, burn was 40m usd

>> No.6475212

>>6475115
have people not seen this?

W-why isnt it mooning right now

>> No.6475265

>>6475212
Because it was already priced in several days ago

>> No.6475274

>>6475212
Look at the historical data for BNB. Last burn was in October 15-20. Did anything happen? Get back to me with a reply.

>> No.6475279

>>6475265
so i just bought the top?

>> No.6475291

it will rise to t least 30 bucks till tomorrow.

>> No.6475293

>>6475279
At least you know for certain it'll moon next quarter when they burn again

>> No.6475329
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6475329

>>6475212

>> No.6475357

>>6475329
lmao

>> No.6475436

>>6475329
Wait a minute... they just burned 1.8 mln tokens out of 199. I thought it's going to be bigger.

>> No.6475484

>>6475436
Y'all seriously couldnt do the math?
Ive known how much itd be for weeks.

>> No.6475542

>>6475279
look at it this way... you just bought the new bottom come Q2 burn

>> No.6475551

>>6468823
>"save"
0.05%; that's 5 USD for 10.000 USD traded. With this votality it doesn't really matter.

>> No.6475578

>>6465220

Yeah that's great and all but if you want to make real money join the best pump group

discord gg/YQqTCqt

>> No.6475600

Lol it's tanking hard. Well, I'm still holding, it's gonna double anyway.

>> No.6475622

>>6475600
what the fuck is up with this tank bro

>> No.6475643

>>6475622
This happened after the last burn too, it'll recover, just give it a couple of hours

>> No.6475656
File: 25 KB, 667x386, Screenshot at 2018-01-15 08-08-52.png [View same] [iqdb] [saucenao] [google]
6475656

Just woke up and then I sees this
lol what's going on guis?

>> No.6475696

>>6475656
1min chart really?
go 4 hours

>> No.6475709

>>6475656
The burn was completed. The price of BNB dropped after the last burn too because people always expect more and then when less are burned they freak out and sell. It'll recover soon, like last time

>> No.6475725

LOL I can't believe you faggots fell for the coin burn meme again. Don't you remember when we dumped on you last time there was a coin burn/buyback?

I can't imagine being as retarded as you. Thanks for taking care of my bags for me though. :)

>> No.6475775

>>6475725
dude it's almost completely recovered.wtf you talking bout?

>> No.6475780
File: 144 KB, 946x672, Screenshot at 2018-01-15 08-12-28.png [View same] [iqdb] [saucenao] [google]
6475780

>>6475696
>Coin burned
ok,
>Moon
nope

>> No.6475829

>>6475775
The fact that it recovered so quickly is testament to how strong and sought after this coin is

>> No.6475860

I just want to say thanks for participating in the coin burn guys it was a pleasure dumping on you all and I couldn't have done it without all your buy orders. See you again next cycle!

>> No.6475863

>>6475780
The moon already started when it reached 18k. You guys were sold the news

>> No.6475900

another false moon mission and people buying at the top on /biz/. shit happens everyday

>> No.6475904

>>6475863
how long before it recovers?

>> No.6475962

And so we return to the earth

>> No.6475974
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6475974

>aaaaaaaaaand its gone
kill me pls

>> No.6475997
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6475997

>>6475900
got me there

>> No.6476060

That feel when top 400 BNB hodler

>> No.6476100
File: 7 KB, 480x131, cap.png [View same] [iqdb] [saucenao] [google]
6476100

Some problems with my master plan.
I thought they would be excited...

>> No.6476256

WHY IS THIS STILL DROPPING

>> No.6476350

IS ANYONE STILL HERE? WTF

>> No.6476377

>>6476350
You just got binance’d. Enjoy your bags.

>> No.6476398

>>6476350
Sorry, kid, had to offload my bags on someone. Enjoy being the new generation.

>> No.6476435

>>6476350

>today a new baggie was born on /biz/

>> No.6476441

>>6476398
glad I learned something, but was the last burn on october 15, 1:40am UTC?

>> No.6476477

>>6476256
what is wrong with you

>> No.6476490

>>6476350
Take a deep breath and step away from the screen for 2 hours. Don't panic sell. The quarter recap had a lot of positive news and this coin WILL recover. Be patient

>> No.6476561

>>6476490
Yes, teach him to hold those bags.

>> No.6476584

>>6476561
Obvious attempt at FUD is obvious

>> No.6476633

>>6476584
Not fudding. Just sad how you HODLers think bagholding is fun for some reason.

>> No.6476701

>>6476633
are we entering a temporary bear market?

>> No.6476756

>>6476633
how long is the dip supposed to last?

>> No.6476852

ok i'm going to take a nap and this shit must be like 50 usd when i wake up (if)

>> No.6476854

anyone there?

>> No.6476877

Wow, fucked again by /biz/, I should have known.

>> No.6476918

>>6476854
look at the one day chart. looks like this shit will just moon straight up after this dip.

also the >jan 15th bonus meme. bnb is going to be high demand very soon if people want that fee cut.

>> No.6476943
File: 14 KB, 262x192, download.png [View same] [iqdb] [saucenao] [google]
6476943

>Fomoed 5k at $25 ath
>immediately crashes to $20
>sell all to buy iexec at ath
>rlc also crashes
>sell all to buy bnb AGAIN at $22 because muh coinburn
>again falls to $20
I'm done with this scam, never buying bnb again, in fact i will not even hold it for binance trades, screw their 50% and fuck this token

>> No.6476965

>>6476918
link to what's happening jan 15?

>> No.6476973

>>6476943
don't let your emotions get the better of you, cuck.

>> No.6477017

>>6476918
are you shilling me? this thing is still dropping

>> No.6477027
File: 211 KB, 537x460, BinanceDip.png [View same] [iqdb] [saucenao] [google]
6477027

dip because CZ fucked up the wording on the burn announcement?

>> No.6477045

>>6468985
If you dyor you will see that when Binance does a coin burn it is done from the circulating supply. They buy the coins from the market.
If you think buying 8 million coins at market will not affect the price you are deluded.

>> No.6477088

>>6476965
theres no link its basic knowledge that has been all over biz and reddit last couple of days. lots of people in finance and wall st get their yearly bonus on jan 15th and buy into crypto. same thing happened last year.
>>6477017
yes i said look at the one day chart you fucking tard. 1 min candles don't mean shit

>> No.6477103

>>6477088
aiming for 19000

>> No.6477112

>>6476943
You probably shouldnt try to be wolf of wallstreet goy leave it to the people who aren't autistic.

>> No.6477161

lol I bought in Bros

hodl till next burn moon

>> No.6477268

>>6477103
this. people are stupid if the don't get in now in case they want to get in.
ffs

>> No.6477461

>>6477103
19000 what? satoshi?

>> No.6477492

>>6477461
Lambos

>> No.6477517

>>6477461
bibles.

>> No.6477804
File: 84 KB, 700x717, reeeeeee.jpg [View same] [iqdb] [saucenao] [google]
6477804

WHY IS IT FALLING?!??!?!?! YOU TOLD ME IT WOULD MOON!!!!!!!!!!

>> No.6477951

Just chill it will go up in a couple of days.
BNB imho is a safe bet

>> No.6478108
File: 88 KB, 280x291, 1499092318046.png [View same] [iqdb] [saucenao] [google]
6478108

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHH
WHY WHY WHY WHY WHY
I JUST LOST 40K
J U S T

>> No.6478176

Bnb is worth 250 in a couple years. Dont sweat newfags

>> No.6478357

I'm kind of pissed. I hold 22k BNB and I wanted to dump about 2/3s before the burn. Had the price correct literally < 5% off my sell orders no less than 3 times in the last 10 days or so.
Oh well been holding since 4$ and still in massive profit.