BNB $597.87 -0.26%
XRP $1.16 +0.62%
ETH $1,675.80 -0.29%
BTC $62,617.86 -0.92%
BNB $597.87 -0.26%
XRP $1.16 +0.62%
ETH $1,675.80 -0.29%
BTC $62,617.86 -0.92%
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CZ Binance (BNB) on how Investors Push Price Down to Buy Themselves

Investors crypto
Community Trust ScoreVerified
95%
Real
Verified21 votes
Updated 5 years ago

Pointing to a Formula 1 tweet CZ Binance expressed, who is kinda like this driver in crypto. And, the reply was Elon Musk.

CZ pointed to how everything was very dramatic and on how BUIDL was supposed to be somewhat boring.

However, he also stated, Bitcoin crypto have not changed. They don’t care. There are always fluctuations in the market, for all kind of reasons. You can blame others for what they tweet (their freedom). Or you can take advantage of the opportunities. Not financial advice.

Also added, Just FYI, traditionally, many institutional investors are known to push price down to buy themselves. Michael Saylor is not one of them, of course. He reinstates, man, this industry has a lot of room to grow.

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Some of the musings of the BND Community was like:

Never a boring day in crypto. Always exciting. Never a normal day in crypto. Always weird. Onlookers interpreted Weird as Fun and Boring as Normal. No matter what it is important to keep the focus on Buidl.

I have to admit the bear market was tiresome. Luckily we’re in a bull market now.  There were others who stated, amazing ways the cycle brings things to do what it wants. Elon, China ban, are all pawns of the cycle.

Some see all this as an everyday opportunity to buy more BNB. Other said, every single day in crypto is like an entire year of a normal market cycle. Yet others were like, it’s pretty normal to be not normal in the crypto and CT space.

Many in the community felt that BSC is not boring or normal. And, that BSC is stable and reliable.  More Dapps will be built on BSC. Mode Capital will flow in BSC and that BSC is inevitable. And that trading BNB is always exciting and not boring.

For those who are new, BSC compares to Ethereum Network. BSC Daily active addresses: 1.1 MM Daily Txs: 11.8 MM (~7 times).  Ethereum Daily active addresses: 0.7 MM Daily Txs: 1.5MM.

Binance Smart Chain is designed to be an easy onramp into the world of crypto and allow everyone, regardless of their wealth, social status, education, or place of birth, to participate in the digital revolution.

BSC is growing in popularity.   While the ETH is for the super-rich to use, BSC is for everyone. Due to the lower cost per transaction BSC is gaining popularity in the crypto world.

Community Trust IndexHigh Confidence
95%
Real
Real95%5%Fake
21 community signals

Steven Anderson

Steven is a technology-focused writer with a strong interest in emerging digital trends and innovation. With experience spanning both travel and online projects, he brings a global perspective to his reporting and analysis. His work reflects a practical understanding of how technology, markets, and digital platforms intersect, offering readers clear insights into developments shaping the modern tech and crypto landscape.

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