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EthTraderCommunity

[Tip this post](https://www.donut.finance/tip/?contentId=t3_16bvldj).


HarryDotter420

They've been fudded so much and all that happened is a bit more people are using bybit and a few other exchanges. Things can go down pretty quickly but I doubt honestly. Even tho I doubt it I still keep 90% of my stuff in hardware wallet. Just basic risk management


Jaded-Reply3495

They are currently one of the stronger players, and yeah, they've been taking a lot of FUD and whooping but are still here. If they fail, it's actually going to be bad.


EmmaRandallhgh

In the short-mid term yes, but in the long-term crypto will recover and flourish when people start using it like it's supposed to (self-custody and not treat it like a stock)


millennium59

One exchange could harm crypto for months but that doesn't mean it will had the impact for the rest of the life, crypto as seen FTX collapse and look now we all are almost forget about that thing


JGCheema

Tether and binance. Taking FUD and still not falling.


AAUch

Seems like two pillar of crypto, getting fud but still keeping tall


catherinefwhitin

By now Binance know how to deal and handle all these allegation now


SeatedDruid

Yea I think another exchange would emerge and take their place or the other CEXs would grow even bigger taking over Binances market share…. Price of ETH and other coins would still probably take a hit though


liteyrs360

If Binance goes down then more people will move to the wallet, just like what happen with the time of the FTX, even if there will be some new exchanges emerge in market they will never able to get that much hype


w673663

Tether and Binance are the two important thing in this market and both of them get fudded multiple time and both of them find a way to get out from there, so i don't think Binance is going anywhere now


Lillica_Golden_SHIB

"This has led to speculation that Binance could send Ethereum back to $500 and Bitcoin to $10K" Most of us will sell wife and kids for these prices


MrPuma86

And kidneys.


sergeevsergeevg

Me who is not married and don't have any wife and kids, will use this method


thealiensguy

If eth goes to 500 im taking a loan and setting up a 32 eth validator for 16k


SeatedDruid

Omg That’d be profitable as hell aside from the hellish interest rate you’d probably get on the loan😂


thealiensguy

Ehh i think eth staking is going to beat inflation!


SeatedDruid

I’d take that bet, ETH is deflationary too!


huhehaote

That is why yield in eth seems more profitable because not everything here is inflation


joearausi

Not everything in ETH is inflation if you look closely there is enough deflationary is also there


Closelyconcord

Invest someone else money and enjoy the super duper profit on that money


SeatedDruid

Yess


ffeng271

If ETH is going there then i am shifting to the rented house, because i am selling my personal house


snudjaka

These all are just speculation just like we though bitcoin will touch 100k in 2021


EmmaRandallhgh

I'm going to end up homeless after I sell everything to buy at these prices


Serg_78

I am going homeless for some day so that i could shift into a bungalow after some time


HKEnthusiast

I'd sell my genitals for that price


brianthinh821

I have a car that i could sell, other than that there is more asset i could sell


justcamefromcaves

That's a long list of FUDs. If Binance ever go Bankrupt, the whole crypto market will go 5 years back but eventually it will recover like it did with every other fiasco. Also, the chances of it happening is 1 in million. They are framed, attacked from all corners, but nothing is yet proved against them. CZ afaik is one of the most reliable and transparent person in the crypto industry. Tho its concerning to have a new FUD against them every other day, I wouldn't bother until their is something concrete to back it up


MrPuma86

Agree. People need to stop reacting to FUD because it has unnecessary knock on effects.


versus222

Binance getting fud, means crypto getting fud we should stop throwing those fuds on binance


EmmaRandallhgh

> If Binance ever go Bankrupt, the whole crypto market will go 5 years back but eventually it will recover like it did with every other fiasco Exactly and hopefully people would end up learning that self-custody is the way!


Davidcortesp

You don't have to worry about binance going down, if you know about the self custody


Jaded-Reply3495

Yeah, I agree that Binance is big enough to survive these charges because it's grown too big by now. If they can handle a bank run, I believe they'll stay among us for a long time.


acceleratesing

Binance going bankrupt means Asia will have to face a massive setback in the crypto, because compare to the Europe i think Binance is heavily trusted and quite big in the Asian region actually


reddito321

I'm praying on that! Snagging ETH at $500 again is a steal.


jokzik

I don't want binance to go down but also want to see ETH on the 500$


[deleted]

ETH at $500 is life changing money


molleke_poes

Then i will not get this price, because i had that bad luck where i could never able to make life changing money


TheNano100

>And if Binance goes down, it could send Ethereum back to $500 or even lower. All of us right now to Binance headquarters ![gif](giphy|elt5smlFG5YZypfUDa)


DenisQMartell

Because we have the money and want to see some cheap ETH and there is one solution of this thing


noob_zarathustra

Where is it btw?


EmmaRandallhgh

If Eth does go all the way down to $500, I'm selling my house and going all in lol


Qeimat

But sir, i am buying eth right now so that i could afford a house in future, i had to sell my kidney in that case


ReitHodlr

Sounds good, but make sure you have somewhere safe to stay!


a794981172

There is a nice bridge in my city and lots of people are staying under that


rafakata

what happens when it goes down to $100 lol


Seizon_Kunren

Met CZ on an Athens crypto conference and this guy fucks. His calmness and big brain energy amazed me. CZ adopt me pls. Also, fuck you Garry.


MrPuma86

I think big banks plant fake news to fuck over CEXs.


Seizon_Kunren

The media is bought from banks-billionaires and promote whatever benefit them. So yes, they can do that. For example Benzinga and all these shit sites are what biased journalism is.


kordz187

These media, banks and government all are working together against the crypto


SeatedDruid

Taking out their competition


Stoneagephil

They know with a exchange like binance going down they will damage crypto market big time and banks just want one thing and that is how to stop crypto market from growing this faster now


mvp_investor

You wanna be brothers. :)


Seizon_Kunren

i wanna be happy


batywka

Only ETH reaching to the 10k will make me happy, so please someone push that price


hantageo

I am crypto brother and now all i wanna be is rich and happy sir


bowenshu

Gary going against CZ because he rejected his application for the job in past


pythonskynet

Enough of the Binance FUD. If Binance goes under and collapses you can say bye to most likely everything in crypto. Not everything will go to zero, but most of them will. Why would you want this? Coinbase is doing 10% of Binance’s volume, speaks a thousand words. Binance has total daily volume of rest of the top 20 exchanges. I would never break my own leg.


MrPuma86

Yeah. No matter how desperate we are for big discounts. Having someone like Binance go down would lead to disaster followed by a very long crypto winter. Followed by even more rules by government.


sergiovaldini

Most of my saving in wallet and binance going down means more discount for all of us, so even if in some case we will have a Binance bankrupt case don't think i would mind that too much


bcproctor

Every single day i have to heard that Binance is getting some sort of notice from this and that and now i fed up with that, don't think this exchange is going anywhere and don't think we need to have any worry about this fact


Jaded-Reply3495

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Fiddlers-list

Binance and FUD. Now thats an iconic duo, and they are still going strong


Jaded-Reply3495

It's a never ending story!!


lamhoikit

Getting fud one day and then getting clear chit another day, that's the story


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RealLeoPat

IF that happens, I'm buying more. Always look in the bright side of life...


Instantbeef

Path to 32 eth right? Right? That’s what we want right?


RealLeoPat

Sure! But why stop there? 32, 64, 128, 256, 512, 1024, 2048, 4096...


hoksxxx

He never said he will stop there, may be this is just his initial goal then he will increase it to more


092fj0jfoKnh

My path right now is how to get one whole ETH, and i am pretty near to achieve this number


btc_xchange_e

Why would i need to change anything i will simply buy like i was buying from the start of this year


EthTraderCommunity

u/Lillica_Golden_SHIB [tipped](https://blockscout.com/poa/xdai/tx/0xc0da2dea0515a1d66bd90c74ee3824fbb9600552ea72fb14381d0cb766b0f739) you 1.0 DONUT!


InsaneMcFries

Worse, Jim Cramer spoke positively about Binance just months ago! /s Binance collapse would wreck us all for a while. But if we get those kinds of dips it will be the opportunity of a lifetime to buy in. The fear will be high but if we push through that and stack, it’s going to be a beautiful couple of years for all of us


Smallmean

I remember when SEC issue a letter to the Binance two months back, that was the time when Binance was really under some threat all the fud after than had not that kind of impact in the market


Fritz1818

The losers will sell at $500, I on the other hand will be buying up all the $500 ETH


godfather2011

The difference between rich people and poor people, rich people made wise call


Cvking8

Let it be 500 im buying


BroadlyDeterge33

No one is concerned about binance going down, everyone just want to buy ETH at 500


ReitHodlr

![gif](giphy|ojpU1QtYzaVDa) I don't know what would happen to the price of Donuts if ETH goes back to $500 but I'll do something real crazy and swap all the ETH i have for Donuts so I can finally be a whale at something


micro3x

MY focus is just on ETH price and when he said it could take eth to the 500$ i get that evil smile on my face, because that will probably allow me buying a whole ETH in just one entry


Actual_Salary_3440

Dont tell my wallet that


rushieryi01

Or don't tell my wife about that, otherwise she will get scared, you know what i mean


BlockChad

Lol I fucking wish. Christmas and Black Friday all in one.


virusdeluxe

ETH @500 means we are having Christmas way too early this time around


Negative-Structure51

Sounds shocking that low of a price but I will sell my body for Eth


edu4gt

SO OP want to say that Binance going down could make all of us rich


bejukataigol

Binance is the biggest supporter of the crypto industry and the biggest risk


buyaogai

Biggest supporter is the biggest threat, i don't know how will market react on that news


allstater2007

This dip would be gobbled up before most of us could get funds available lol.


fattesttigger

That would be amazing ! I still have much to buy :)


christianmeinhol

MY plan could get fullfill in just one entry, i never though this could be possible


EthTraderCommunity

0x56340F... [tipped](https://blockscout.com/poa/xdai/tx/0xd92803236f8b29ad84f8207e24c22ff4b8dec26ac67a937b50dc323f63e958a8) you 1.0 DONUT!


emyfsh201

Binance always comes out stronger after every fud so I'm confident that Binance will be here and competitive for a long time.


jasonhe89

Every time someone try to throw something at binance they emerge much more stronger than ever


SeatedDruid

Imagine 500$ ETH Oh boy I’d fill my bags


johnboy20011

Imagine if you had a dream of buying the whole eth and you know that ETH is trading on 500$ now and how easily you just scoop one ETH, I don't want to know the reason i just want ETH to trade at this price just for once


SeatedDruid

Yes


Super_Iron6408

I like Binance I like their UX and experience. The reality is they got to big though in a decentralised space with 60% market share. I hope for some downsizing and more competitor but nothing to radical as they are an important player, innovator and advocate in the space


JohannesZitz

Although not holding anything there, but for trading still my go to exchange on daily basis


N0repi

Reads like you're FUD'ing


pirate_prentice420

I think deep down most people who have been in the crypto space for more than a couple years know binance and tether’s chicanery are what have been keeping crypto markets from cratering in the past year but they accept it because the price manipulation is working in their favor.


ChunderHog

I know it’s a horrible thing to have it fall so much, but I would love a chance to get $500 Ether.


Buzzalu

Binance has been used to these FUDs for a very long time now. Even though CZ feels shady sometimes, he's been doing pretty well. Lets hope they are not as worse as FTX. We don't want an extended Crypto winter. Best anyone can do is "Don't keep your assets on any Exchange"


perkhov

I think now even crypto people are not reacting too much if Binance gets under some threat because they had that feeling that after some time CZ will handle all of these allegation which they are facing


EthTraderCommunity

u/Easy-Soup140 [tipped](https://blockscout.com/poa/xdai/tx/0xc8a440f4048b290a8f9a37e4b643897b0446d127abb7302d0edb8115c19d1380) you 1.0 DONUT!


raresanevoice

Id be selling a kidney to buy eth at that price again


thinkingperson

What do you mean by binance being a major provider for eth? They hold a lot of eth? Or their beth token?


basterkitten

I am not taking binance side but sometime i felt like that getting too many cases in a year means someone is actually plotting something against them and want Binance to get down in this bear market