Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
John Abraham
on 07/06/2023, 16:01:31 UTC
⭐ Merited by JayJuanGee (1)
You should not be surprised. The Bitcoin users (Us) should remain anonymous. But, we are the people who give the chance to Binance for doing shit. People Compromise their Privacy to them just to use their service while they are not a real P2P Platform. They have become a giant and can control the Bitcoin market if they want. If the 1K Bitcoin Movement can affect the market and it goes down by more than 10%, How much Market will it go down if Binance sells its Half Million Bitcoin? Not your keys, not your coins. Binance users won't be able to do shit if they become bankrupt. Binance becomes a Giant, and they can control the market if they want.

Look at the comparison of Bitcoin Volume of the last 24 Hours.



99% Trading volumes on the Centralized market. We are the people who gave them this power. You cannot deny that Binance news even matters!

many pushed Binance to where they are today

but not everyone uses Binance.  

with all their shitcoin p&d schemes they were shady from the get-go
I Just Noticed you changed your post. It was like you and some others maybe.. not everyone uses Binance
If you think it's me and some others, who can trade 22% of the Total Trading volume on Binance, then it's me and some others.
These are ridiculous stats. Bitcoin 24 Hours trading volume on CEX was $24,274,100,680. While only Binance users traded $5,299,047,621. 22% Of total trading volume. However, I did not count tons of small trading pairs.

Binance Still holds half a million Bitcoin. If something happens with Binance like FTX, be ready for a massive crash.
Eventually, BTC will recover. But people who lose their funds are unlikely to recover their losses.

Data Collected from;
https://www.coingecko.com/en/exchanges/binance
https://coinmarketcap.com/currencies/bitcoin/