Quote from: russselcarri on Today at 06:15:49 AM

Quote from: blockman on December 13, 2022, 10:03:50 PM

Binance is centralized and that's why many are starting to panic when there's bad news about them. What if before the bad news Binance starts to halt withdrawals? Well, that's the real thing but so far, this is just to make a FUD and if the thing is real, Binance will handle it for sure.
Everyone is starting to learn their lesson that no exchange is safe whether it's the most popular and populous exchange, they can't avoid any FUD that will be spread against them.

The current panic is still going on and I believe in Binance's ability to handle the crisis. But the criticism of centralized exchanges cannot be ignored. But people often only have 7 seconds of memory. When they saw @justinsuntrons tweets, the market warmed up a little bit, and peoples panic seemed to disappear instantly.

Quote

https://twitter.com/justinsuntron/status/1602570929845829632

Well, that's how the market works these days. If there's someone known in the community, they'll start to panic or calm down depending on the response that's been disseminated.
What if there are other popular personalities and added to the FUD, for sure that everyone is nowhere to go but to withdraw as fast as they can because that's what they believe as the sign of Binance's falling.