the fuck is happening

People dumped BNB to get into WTC and dumping WTC to get into LRC.

>>3331474
was gonna make similar thread, im suspecting its just part of weekend dip but no recovery yet...

BNB is the go to dump coin in people's portfolios, it seems. probably because it doesn't do anything

>>3331474
It's a coupon.

>>3331522
Because it was a fucking lie. The white paper stated bnb was required to purchase ICOs.

>>3331474
basically yeah

most people only had/have BNB on binance so rather than send new BTC over to buy into whatever the latest hype chink coin is theyll just sell BNB

mainly because it wasnt doing much and people thought it was going to be a quick $10 coin like everyone was sperging about and also whales fuck it dry constantly which has put a lot of people off

feels like it could fly any time though, might be worth a bit of a buy in a this price, i sold mine for a bit of profit and im tempted to put a bit in and just forget about it for a few months

>>3332029
as far as i know theres been a couple that have been BNB only icos, one was the other day which is when it shot up to 58 then bombed down again shortly after

the problem is there isnt incentive to hold the coin, just buy it at certain times but that doesnt create major price changes so when people dump it because they have money tied up doing nothing the price just tanks

the dev said they are working on new uses for BNB though which is positive

>>3332029
>The white paper stated bnb was required to purchase ICOs.

Can you find that statement in the whitepaper? I never saw that.

>>3332120
All ICOs were meant to be. When tron launched and the option to buy in btc and ETH was offered the coin was dumped. No one was originally buying it for the paltry discount in it fees it gives.