Post
Topic
Board Trading Discussion
Re: What happens If Binance Exchange Flee Away like FTX
by
jrrsparkles
on 13/04/2023, 10:06:38 UTC
I was thinking that FTX was a complete disaster and it made a very bad Impact on crypto industry too. As I personally believe Binance more than any exchange and that case might be with you. So I was saying that If Binance flee away like FTX than what will happen. As Binance currently holds more than 60 billions of dollars and that's to much money. And I cannot believe if all money might gone than Bitcoin might come to 10000 dollars. Let's hope for good and what are your thoughts in this.

But why someone has to scam when they are already making profits and has potential to grow further like 100 billion dollar company and more, the only possibility is that hack can drain their wallet which may happen to any exchange and let's say if Binance got hacked or CZ run away with all the money to Mars still it's not the end of Bitcoin, another exchange will grow and it will start making progress so remember bitcoin is not dependent on Binance or anything.