Binance Listning Killed Coins Chain
Well not killed as its dead, but pretty much nothing confirms and deposits are suspended everywhere.
Yesterday Binance added BCN - an old PoW coin. Nobody seen that coming.
As usual, this exchange adding raises price and the mad pump started mostly on HitBTC.
Unlike on other listing the market didnt start right away after ANN. You could deposit but couldnt trade yet. So people were buying on HitBTC (still are) and sending to Binance added BCN.
After the price pumped crazy network got so flooded it pretty much stopped confirming and moving coins. Deposits and withdrawals are frozen everywhere now.
BCN Markets
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Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
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BCN was almost forgot from people, but shows revival at that time.
Binance listings are the new Bittrex listings
No end to greed! Why would you add an obsolete coin which offers nothing to an exchange, apart from to manipulate the price!
As always crap HitBTC had withdraw issues, always amazed by them
Impossible at this moment to achieve it, I can't even see the actual cost anymore!
Yeah should be interesting to see what happens, I know a lot of people were pissed they missed out on the 10x earlier.
I tell you that I think I will not sleep, looking at the current price and if he manages to open me hahaha
Hahahahaha As is!
hhh it's so funny thing please wait~ :D
My question is do they intentionally cause the "withdrawl issues" as a customer retention war tactic? They know everyone will flip to Binance where liquidity is through the roof as well as price as a result of demand. If they watch the outflow of coins from their exchanges they know they are in trouble.
Look at Kucoin who at December was gaining crazy ground in the exchange competition to all of a sudden lose the battle overnight. They just reoppened their customer acquisition referral payments to try to pull people back again. The other exchanges are in trouble...
We're at the point where it's going to be Binance, or a new, decentralized exchange will be on it's way.
I actually saw it a few minutes after it got listed in Binance. I thought to log on Hitbtc and purchase some, then just dropped the idea because I know it would fall down to it's average value within a few days and I don't find the energy in me to do any day trading right now.
i was online too i saw it and bought BCN literally 1,30 minute after ANN on HitBTC and withdrew to B ;)
Good timing my man!
Thank you very much for your words, of course it would be great to be able to help us: D from now on I follow you and I support you, you are great :D
I really respect this breakdown of cryptocurrencies, I have done a similar breakdown but from a slightly more humour based point of view, please feel free to read it, and laugh :-)
https://steemit.com/funny/@georgemason/the-number-1-reason-you-aren-t-getting-rich-from-bitcoin
Upvoted :-)
Why Binance always have issues with their coins? I thought they're one of the top exchanges?
The problem was at BCN's end. So BCN wallet for all exchanges were frozen, not just Binance.
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some people are too busy, never see the most important thing, because of his negligence@kingscrown
I have a mac ):): Would I be capable of mining with it using Minergate and If i am capable, would it even be worth it due to me not having asics ? @kingscrown