Post
Topic
Board Bitcoin Discussion
Re: Would Bitcoin Be Badly Hurt if Binance Goes Down?
by
Hamza2424
on 14/06/2023, 16:17:48 UTC
I really am no fan of Binance because I found their KYC annoying. What is not in doubt is that CZ is supposedly one of the most credible faces of crypto. How much harm do you think a Binance implosion would cause Bitcoin? Is the US a big threat to the coin market?

https://www.cryptoinfowatch.com/a-former-sec-official-said-the-binance-ceo-and-others-may-face-criminal-charges-soon/

Haha, Quite a funny question and thoughts, Hmm, Binance is a big whale in the Ocean of crypto but Bitcoin is OCean by itself so how can we even compare it? Brother if Binance locks down Bitcoin will have a temporary impact due to huge funds in the market but Bitcoin can die, It can just lose its market value temporarily. If you are considering it the death of Bitcoin then I am damn sure you are not familiar with the past events.

Did you forget all of these?

MTGOX
Tesla
Luna

You can find more on my covered topics a bit of my own topics promotion is not wrong haha.

    
Major Dumps in Bitcoin History and What to learn from there?

Bitcoin & China time to time waving History