] bottoms are reached with an event, bitcoin a panic event as I call it, bitcoin and you can find it in every asset class. I go back again to other asset classes that I have invested in for decades. I don’t believe we’ve seen the bottom yet and I have a different view of it. It’s impossible to know where the bottom is.
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Nakamoto proposed a digital currency, Bitcoin, that could serve as a medium of exchange without relying on any financial institutions or governments. Nakamoto was concerned that traditional currencies were too reliant on the trustworthiness of banks to work properly. The proposal was made in October 2008 in a paper published on the Bitcoin Web site, which had been founded in August 2008.
You can submit a support ticket through an online form and get a response via email. The Binance official Reddit page states that your ticket won’t be answered by a random support agent but rather by someone integral to the company who knows the system you’re using.
Because the website was originally written in Chinese and translated to English, there are sections (especially in the support section) that have confusing grammatical errors. I’m going to give Binance the benefit of the doubt of this, though, because the company is young, and it’s impressive that they support multiple languages this early.
Cryptocurrency exchange Binance is being investigated by the Internal Revenue Service and the Department of Justice, Bloomberg reports, with officials who handle money laundering and tax offenses in particular taking a interest in Binance’s business.
Some companies even began building computers optimized for Bitcoin mining. However, Bitcoin began to attract the attention of mainstream investors, and its value climbed to a high of over $1,100 in December 2013. The value of Bitcoins relative to physical currencies fluctuated wildly in the years following its introduction. Beginning in May 2011, the Bitcoin increased sharply in value, reaching a peak of about $30 that June, but by the end of the year the value of a Bitcoin had collapsed to less than $3. In August 2010 one Bitcoin was worth $0.05 (U.S.).Binance
exchange platform, no doubt, is one of the biggest and most populous crypto exchange firms globally. According to Wikipedia, the firm in 2018 was the largest cryptocurrency exchange in the world in terms of trading volume.
The CEO did not look pleased with the question. Because Bitcoin does not have an office. However, he had to answer. Zhao responded, saying it is the beauty of blockchain. He likened the exchange firm to Bitcoin asking where the Bitcoin office is?
"The FSCA would like caution that in addition to this entity not being authorised to provide any financial services or business, crypto-related investments are currently not regulated by the FSCA or any other body in South Africa," the regulator stated.
Bulls have a lot of work to do, and the overall Bitcoin price trend is bearish. The 200-week moving average is still resistance for BNB Bitcoin price. @PostyXBT, a crypto analyst, evaluated the Bitcoin price trend and noted that nothing has changed in the weekly chart.
However, what he is looking for is a big panic event. The Shark Tank star argues that the Bitcoin market cap has been cut in half, and this would make investors think we are on our way to the bottom. This event would be characterized by capitulation, massive volume and total panic, which would result into a buying opportunity for the crypto community.
Shark Tank’s Kevin O’Leary has also publicly stated his believe that BTC price has not hit bottom yet . There is an increase in skepticism regarding Bitcoin among investors on Wall Street. 60% of the Bloomberg MLIV Pulse survey respondents believe that the Bitcoin price is heading back to $10,000.
Binance has said in the past it does block Americans from conducting illegal transactions on its website, warning that violators would have their accounts frozen. It’s incorporated in the Cayman Islands and has an office in Singapore. According to Bloomberg , the US Commodity Futures Trading Commission (CFTC) has been investigating whether Binance allowed Americans to make illegal trades on its platform, by letting them buy derivatives linked to digital tokens. Founded in 2017, Binance is the largest cryptocurrency exchange in the world. US residents can only purchase these kinds of products from firms registered with the CFTC.
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