/biz/ - Business & Finance

[Anonymous No.9857068]

Easy profit


> DEX Competition ending in 18 days
> 1 Year anniversary coming up in 3 weeks
> Still waiting on Binance Chain / Binance token GAS fees
https://support.binance.com/hc/en-us/articles/360001668872-Binance-Chain

> Q2 token will be announced between now and second week of July
> Trading fee increasing (by 50% for even more $ for token burns in Q3.

You really should go all in on a swing trade and not sell this chink token until the burn is announced at the earliest.
We're gonna be having 1D daily candles on the BTC ratio for the next few weeks. It doesn't get any better right now.

[Anonymous No.9857346]

I mean seriously, there's no stopping this at this point unless binance exit scams all of us. Once they have their own blockchain up and running along with the Dex it'll be in the top 5.

[Anonymous No.9857360]

can i buy and store this token outside of binance?
to dodge possible KYC enforcment oder hacks

[Anonymous No.9857388]

>>9857360

It's a standard erc-20 token so you can withdraw it to any ETH address (Metamask / Enjin wallet). They might actually get a main net in the long term.

[Anonymous No.9857439]

ok thanks my nibba

[Anonymous No.9857540]

Some additional food for thought

> Historically token burn pump does not start until second week into new quarter (month from now)
> MONACO already uses BNB as a actual currency for their app and upcoming Visa cards
> Binance undoubtedly has the largest networking effect between teams and projects
> Although BNB only trades on one exchange there are 73 market pairs
> Prime minister of Malta welcomed Binance to their country on Twitter
(Malta is the online Trading/Gambling/Casino capital of the world.)

> Binance has x4 their user base in less than 6 months, during a bear market.
https://www.ccn.com/binance-has-quadrupled-its-user-base-since-january-will-launch-eur-pairs/

- There will be a pump for the DEX announcement
- There will be a pump for the BNB whitepaper release
- There will be a pump for the BNB GAS fee structure release
- There will be a pump for the 1 year anniversary
- There will be a pump for the token burn

Me personally, I am all in anon.
Gonna swing my ass around all these pump and then drop back right into BTC.
I did your research, DYOR, you have about a month before the serious pumps start.
>>9857439

np, gl nibba

[Anonymous No.9857718]

Also just think about this. The only estimate I found of Binance user count is this here:

> https://www.financemagnates.com/cryptocurrency/news/cryptocurrencynewsbinance-has-more-users-than-the-population-of-its-home-state/

7.9 million users in March
Which quadrupled between January and yesterdays report.
So lets take a generous 6 million users from January and x4 it.
This means 20-24 million users approximately, who all will be exposed to Binance and BNB.

If this growth persists we'll be looking at 50+ million users within the next 6 months. Easy.
There are only 114 mil BNB tokens which gradually will be burned.
Economically speaking, how can this not go up?

At 50 million users a maximum of 2.28 BNB can by a single user.
Even if there are just 10 million ACTIVE users (which wouldn't be that hard.

Only
11.4
BNB
can.be.held.by.every.single.trader

Please clap

My math may be off but you get my point.
PS adderal is a great investment.

[Anonymous No.9857948]

sage, defying odds. BTC down, BNB up.

[Anonymous No.9858251]

someone notice me

[Anonymous No.9858348]

>>9857068

Seriously thinking about just converting all my shitcoins into BNB to survive through this bearfag market. Should've done it yesterday when it dipped to 13.4 but hesitated. FUCK.

[Anonymous No.9858382]

I mean it's really the only coin that's going UP in a bearfag market? WTF is it going to do in a bull market?

[Anonymous No.9858421]

>>9857540
hold up you saying you can get gas from holding BNB?

[Anonymous No.9858422]

>>9857346

Also if binance exit scams everything else is going to 0 anyway. I honestly think if they did that now we'd see a $1000 bitcoin.

[Anonymous No.9858496]

>>9858421

It is worded strangely, but their own description makes me believe so.

> https://info.binance.com/currencies/binance-coin
> In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent.

DEX competition ends in less than 3 weeks.

[Anonymous No.9859151]

I am gone for 30 minutes and you goyim's let this drop to page 9? What, don't you like your funds safu?

[Anonymous No.9859183]

>>9858496

Dunno though, would they really risk turning it into a decentralized exchange when they are doing so well atm?

[Anonymous No.9859236]

>>9859183

They aren't turning Binance into one, they are launching a Binance DEX. And Bitfinex is attempting to compe against them with their own DEX.

> https://news.bitcoin.com/bitfinex-plans-launch-decentralized-exchange-eosfinex/

Long term prediction is that DEX's will become very hot in the near future.

Binance:

> "After extensively researching decentralized exchange frameworks and analyzing existing implementations, we believe significant improvements can be made in providing Binance users with a level of trading experience to which they are already accustomed. Centralized and Decentralized exchanges will co-exist in the near future, complementing each other, while also having interdependence."

[Anonymous No.9859255]

Anyone else watching the BNB/ETH chart? that sell wall at .031 is getting nibbled away. It's all up from there once it gets eaten

[Anonymous No.9859323]

>>9859255

Getting eaten fast, probably by leverage bots since Binance offers arbitrage oppertunities for 72 BNB pairs. It's not getting eaten by people buying BNB, but by HFT bots switching in between pairs and taking millisecond profits over ETH and others. Another reason why BNB is such a great token.

[Anonymous No.9859368]

>>9857068
Binance is a whale parking space, anyone getting in right now will get fucked up the wazoo when the whales put their money back into moon missions.

[Anonymous No.9859494]

>>9859368
>moon missions
Perhaps in 2020

[Anonymous No.9859665]

>>9859255

we did it

[Anonymous No.9859905]

>>9859665

sage, still going up