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Buy BTC. My reasoning being: people will pull out the little money that's still left in the Binance ponzi and will (possibly) convert to or withraw in actual re
by bboygravity 4y ago
Buy BTC. My reasoning being: people will pull out the little money that's still left in the Binance ponzi and will (possibly) convert to or withraw in actual real BTC in their own wallets.
It might cause a ripple effect where other people do the same in other exchanges out of fear.
One day people on the "normal" stock market will also wake up to similar things happening there and will start moving shares from ponzi brokers to the direct registration system.
- pharmakom 4y agoI think BTC comes out better than the other coins buts it's way down too.
- bboygravity 4y agoCheck the chart again since I wrote that comment ;)
- jjeaff 4y agoNo, get out of crypto. Another big player going down is just yet another bullet hole in crypto's reputation.
- bboygravity 4y agoBinance is not a crypto player. It's a ponzi player. Not the same thing. If Binance wasn't "fractional reserve crypto broker" (aka: ponzi) we wouldn't be having this discussion.
- NotYourLawyer 4y agoIt’s literally exactly the same thing.
- bboygravity 4y agoNo it's not. In one case you buy a Bitcoin and you get to own a Bitcoin. In the other case (Binance) you buy a Bitcoin and don't get to own a Bitcoin (or in the very best case: you might or might not get to own that Bitcoin you bought). Not the same.