>Binance has gone from nothing to the biggest exchange in the world this quarter, with 3 bil in volume daily >Binance will use 20% of their profits this quarter to buy BNB FROM THE MARKET and burn it. This will be 30%+ of the circulating supply and is going to be basically all of the supply actually on the market. This is going to happen in January >Binance is going to use BNB for the decentralized exchange they are building >Literally no one talking about BNB yet
Get in now before binance announces the coin burn this month; this is free fucking money
Binance is now the biggest fucking exchange in the world. Bet on the fucking house if you want to make money
Jacob Wright
how do you know they will buy 20% and burn it if they havent announced anything?
Ian Hernandez
where you getting this news from bud?
Noah Brown
It's in the whitepaper for BNB and they've already done it once when they were a tiny shitty exchange. It was last announced on October 15th, it's likely it will be announced mid january, and bought back and burned over the next few days following the announcement. Get in now before people realize what is going to happen
Liam Cooper
Binance burned 1 million BNB when they were doing 50-100mil per day; they are now doing 3bil a day and growing. You do the math
Anthony Ramirez
Binance is shit. Fuck you and the bots trading there.
Hunter Jackson
Kucoin has almost half the marketcap of BNB when their exchange has 1/60 the daily usage of binance
BNB is insanely undervalued; buy now for guaranteed gains
Jackson Williams
Can you show proof they'll actually buy the coins on the order book ? Don't they just collect them already from people trading ? Also last burn was on a bnb token worth like 2$, now it's around 10$ so that doesn't mean they'll burn way more.
Bullish on the coin though.
Jaxon Nguyen
They state that they buyback and burn here
That's true that the coins being more valuable means they will burn less, but the insane profits they made this quarter dwarf the change in price
Kayden Campbell
I got shilled on this. Will hodl until the quarterly happens and see what happens. Poorfag so only had $300 of ETH unspent but went all in with it. Should go up to $10 again anyway and I'm also new and almost all new people start at Binance from my understanding. Well. Here's hoping for a nice kick off to 2018.
Tyler Moore
For more clarity the CEO of binance said this as well: "Regarding the "buy backs", there is 0 reason or need for us to keep the price down. We will spend 20% of each quarter's profits to buy back, at market value. If the market value of BNB is high, then we can only buy a small portion back each time. It will take a long time for us finish the buy back. But that's ok. The value of the coin is high, the BNB holders will be happy. "
Jack Green
BNB is also one of the only coins that has an actual use case on their site; which means basically every one of their millions of users holds onto a few BNB; further lowering the actual circulating supply
This coin is gonna pop off hard
Benjamin Baker
I sincerely hope you are correct shill. Need me some sweet gains to build up funds to trade with already.
Luis Myers
KCS does everything that BNB does and more
Robert Gonzalez
I have kcs and I'm selling them for BNB; it's way too overvalued now in proportion to it's markets size, it's getting pumped up fkin high.
Sell high buy low for once in ur life
Easton Cooper
It's already 8$ and I doubt it will gain more than x2, maybe x3. There are much better investments than limited use coin that's already so high in price.
Daniel Hill
What are the benefits of a decentralised exchange?
