Currently i have small position on bnb, and wondered if i shoud buy more from dip.
I started doing more deep research about token and i still dont understand, what builds token value. (They destroy 100m tokens, but what then?)
I went their slack and asked about this, all what i got were blind people who blamed me how i cannot even read whitepaper. Funniest thing were how their moderatod (steve_bnb) called me troll and fudder and eventually banned me from their slack.
I dropped my example to their slack, that was that
Apple lauches applecoin with limited supply 200m, where from apple destroy 100m eventually.
Applecoin gives holders 10% discount from icloud services, why someone would throw 100k investment in applecoin?
I got one example response:
Big investors want save a lot money, with bnb they can save as example $500 from trade
I asked why someone would hold 100k worth bnb just to save 500 from some trade?
Answer that i got: eventually bnb token price increase and holders save even more
I asked, what if it goes down? Nothing goes allways up.. Then they pay even more than they would pay without bnb.
Didnt got answer, due i got ban at that moment
So my question for is, how you see bnb token grow value, and why someone should invest in it?
are you retarded?
>>3223517
No, are you?
>>3223501
it was all a scam
>>3223501
i dont hold bnb and even i can tell you your comparison is absolutely retarded
no wonder they banned you m8
>>3223594
Not OP but i'mglad i came out with about 80 Dollars profit. could've made a bit more but eh, i invested all in LISK so i got nothing to complain about.
applecoin? do you mean OMG?
I got scammed once again. I'm done with crypto forever. For a long thought I thought I'd get rich with it. Now I'm back to being frugal, being a wagecuck and saving a lot of money...
Good bye, everyone.
>>3223501
I'm really starting to get the feeling they want to keep the price down so then you will always be tied down to their site and never leave like how casinos passively keep you inside by having no windows or clocks. The trade transactions on their exchange is how they make their money, the BnB coins was just a device to get you there.
What makes the price go up is the whim of the exchange and the big investors who started the whole thing.
The exchange will sell-wall the coin down to nothing and buy tokens. Then they will hype the fuck out of the coin until it's almost $2. Then they will sell-wall it down to shit, taking money from the people they shilled.
It was started by the people who ran OKCoin. Remember that OKCoin literally helped themselves to customer funds and used them for risky short-term investments while not charging fees.
These people are shady as fuck and willing to do anything to make a buck and now they have a popular exchange and a valuable token manipulate.
Trading is a zero-sum game and the house always wins. Don't forget that. If you're buying BNB, you're playing against the house.
I think that some of the big investors in the exchange might want to get a return on their investment at some point and then the price might be manipulated upward in their favor but who knows when that would happen. I don't think anyone can predict their whims.
Sold this shit, eating my losses and bought more NEO.
Even if BNB goes up, I'm not interested. Feels scammy.