Post
Topic
Board Altcoin Discussion
Re: Will Binance get closed down?
by
komjhq
on 05/05/2019, 17:06:03 UTC
I observe a practice with Binance. They are team of professionals and experts that are always on top of their game and often times, they think and work ahead of what is going on in the space. They've launched new innovations that others are now following suit. I believe if anything closing down is going to happen, they already see it and probably a backup solution is in place. As big as this exchange is, if it gets shut down, the whole market will be down. Am not ready for another long bear.
On the contrary, I buy a Binans coin and even believe in its growth over several months. I think that the price will be 30-35 dollars.
Apparently the binance will achieve good results, especially considering the current popularity of the coin.  But I do not like the fact that the administration will be able to control the funds of users and their accounts.  I am always worried about such moments when someone can abuse their position.