Daily reminder to stack up on BNB Top 5-10 coin up ahead.
> 1wk growth + 7% outperforming rest of the top 100 > Binance Chain whitepaper coming > Binance Chain DEX coming > Binance Coin burn up ahead
Literally nothing stopping a moon mission based on future announcements.
> Binance Launchpad already serves ICO's though BNB. > Trading fee increasing by 25%, increasing burn in Q3.
Literally one of the only tokenized projects currently operating with tons of adoption, cash flow, liquidity, usage, frequent updates and positive community standing. Once BNB becomes a utility token for the Binance Chain, you'd be wishing for some sub 100$ BNB's. Just look at the chart user, what does it tell you? Squint and look into CZ's eyes, you'll be able to see the future binance is developing.
> "Binance" will be so much more than only an exchange.
dindt know that, even more reasons to go to coinmetro, whre they will decrease the fee, not the discout. Fiat to crypto was getting me nervous, but now im confident about coinmetro
Grayson Edwards
Dubs, collect your prize monies.
> confident about coinmetro
Until coinmetro achieves some parity with Binance's adoption and volume I doubt it.
Aaron Barnes
The recent price movements of BNB suggest that the exchange already bought enough of the coins for their burn. Or am I wrong? When is the burn happening?
Wyatt Ortiz
FUNDS ARE SAFE
Austin Rodriguez
Roll
Chase Nguyen
Price movements was due to DEX and Binance Chain announcement. Previous price action was several days before the coin burn, dump a day after.
Thomas Thompson
OK. And when is the next burn happening?
Robert Peterson
Burn 1: 10th of the month Burn 2: 15th of the month
So expect the burn sometime around that time. Rumors have it that the burn will happen 15th/16th.
But nothing is confirmed.
Jace Jackson
Binance trading fee is 0.2%,
> Year 1 discount is 50% > Year 2 discount is 25% > Year 3 discount is 12.5% > Year 4 discount is 6.75% > Year 6 no discount
QUESTION:
Year 1,2,3 and so on is this the time, Binance is on or the customer registered on Binance?
Eli Rogers
Ah, so it seems CoinMarketCal has wrong data on these... Where do you find your rumours?
Not the wrong data. The coin burn will be for Q1 which ends on the 31st. Since Binance doesn't offer any dates on the actual burn being performed there can't be more accurate info about one. Historically they have been performed 1-2 weeks into the next quarter. Forget about the rumors, I don't think they hold any merit, but you can search Jow Forumsbinanceexchange
wat?
Juan Martinez
>implying the pump a week ago wasnt the burn quarter is 3 months retards, it's over once the fees increase people are gonna start leaving. Granted they might realise it's stupid and just keep the fee reduction forever.
Hmm, interesting. The huge spike happened from 5th of January to 11th. You think this was because of buyout for burn? And predict the same to happen in beginning of April?
Many people are anticipating the pump, it may be priced it. However, there is so much more going for Binance. Announcement of Binance chain whitepaper, release of Binance chain whitepaper. Further description of Binance Coin usage....etc etc. BNB is an amazing token to hold, because if it crashes I will probably jump of a bridge. But at the same time, you are also investing in one of the early crypto giants, which is leapfrogging the competition and could put any other platform out of the game with a good whitepaper.
> Big whales or HFT are already incentived to hold BNB. > As more whales join more BNB will be acquired and held. > Once Binance Chain launches, any ICO or dApp would be priced in BNB > Fee for any transaction on the Binance Chain would have to be paid in BNB (like GAS or gwei) > It's in Binance best interest to increase the value of BNB (prove me wrong if not). > ICO's would want to launch directly on Binance Chain, and Exchange instead of any other platform.
Supply / Demand. Four million users and growing, Every single user increases the value of BNB by a tiny percentage point.
> Don't let my dreams be dreams CZ.
The economics behind the possible and already applied use cases of BNB are pretty solid.
> I'm out, whoever keeps the thread active for the day or trips gets the 5 BNB.
