Quote from: rae34 on August 26, 2017, 06:39:52 AM

I am completely convinced that Binance themselves are the ones keeping this coin under the price of 2.80. Every time it approaches this amount massive sell walls pop up to crash it back down. We would have easily broken $5 by now if not for this blatant manipulation.

You may ask why they would do this, answer is simple. They have to buy back 100 million of these coins with their own profits, so if it hits $20 a coin like it probably would in a month or two without their manipulation they will pretty much be buying these back for eternity. If you read the white paper Binance and their investors get an extra 16 million coins every year released to them, and they are using it to crash the price since they are forced to buy back 100 million tokens

It is completly not true, look the respond from ceo:
https://www.reddit.com/r/BNBTrader/comments/6waq0p/cz_ceo_of_binance_responds_to_fud_that_binance_is/

There is now some carousel and some panic of the people on binance but i am completly sure that in one month there will be huge grows, just a little patient