Post
Topic
Board Speculation (Altcoins)
Re: Binance Coin losing its Value, What will happen to Public Funds
by
o48o
on 26/11/2022, 15:12:19 UTC
Hello Guys just checking BNB coin, losing the support, and investors and people are predicting it may further fall, as Binance CZ is solely relying on BNB , what will happen if

1) BNB kept losing its value
First of all, what do you mean by CZ relying solely on BNB? I don't think that this is true in any level.

2) Till How much value (you think) that BNB can sustain
I don't understand this question. Are you asking how low bnb price can drop? To any level, it's not like they are using it as collateral.

3) What will happen to public funds, will there be liquidity issue if BNB falls to a certain level
What is these public funds you are talking about? And liquidity issue how? I think i am repeating myself but cz has said several times that they aren't using BNB as collateral.

4) What will be your way to save yourself if anything goes bad..
Please share your opinions ...
Then i would exit all markets, or even short them. If binance would go down the whole crypto marketcap wouldn't recover for ages.