Post
Topic
Board Speculation
Re: Bitcoin Price and Binance
by
justspare
on 23/05/2019, 16:40:56 UTC
How many people think the price increase has been triggered by the fact that Binance has stopped withdrawals?
If so what happens to the price when Binance allows withdrawals again?
Binance has suspended all deposits and withdrawals as they have to conduct a thorough security review that will 'include all parts of our systems and data, which is large'.
Binance wil reopen deposits and withdrawals on Wednesday May 15, at around 11AM UTC. Trading will be halted for about 8 hours during the system upgrade.
I don’t get what you just said here, you are talking as if the event has not passed already, you are commenting in the 22nd and still referring to 15th like it has not happened, if they scheduled to open reopen the withdrawal on 15th, which means they must have done it by now, and I still don’t see any effect of it on bitcoin value, I don’t know why people would just believe that this type of thing that happened to Binance will have any effect of the bitcoin price. Is it a product or is it whales, or is the even an investors? Reopening their system to withdrawal will in no way affect the price of bitcoin.