Quote from: TheGreatPython on June 29, 2023, 09:55:46 AM

Quote from: Lubang Bawah on June 24, 2023, 02:10:14 PM

The increase that occurred at the end of June like today certainly makes us optimistic, FUDs and negative issues that are happening at this time are Binance which is experiencing a financial crisis, but all of these issues are refuted because many consumers withdraw and do not experience problems like what happened with FTX, of course this makes the market can continue to rise.

What customers are you talking about? I've not heard of any customers withdrawing their assets from Binance only to be safe because of what is happening with Binance, and whatever is going on with SEC and Binance, it's all about Binance US and not the global version, so even though I also believe that one shouldn't keep their extra assets at an exchange or any platform, I don't think there will be any issues with users' funds even if things get out of hand.

The increase or decrease in Bitcoin's price isn't directly caused by this issue because it's older than when the market pumped recently, so whether users are withdrawing their assets or not, will not affect the price of Bitcoin or the overall market in general, we sure are optimistic but we should see the facts too.

Even on the worst possible case where SEC found them guilty or something, that wouldn't have resulted with me withdrawing my money from Binance because that had nothing to do with each other. This is why it makes more sense to just assume that it is going to be a fine period and we should not be really considering that as an option.

What does SEC have to do with the funds I have on binance global, they can't prevent me from withdrawing no matter what they do, they can literally ask for Binance to be closed and CZ to be prisoned and yet they still couldn't touch our funds. And that wasn't even the investigation was about, so it was always nothing at all and we could always feel safe with our money there anytime we want it to as well.