Sort:  

if binance shutsdown, asians and africans who are invested will be off the p2p and withdraw cycle.. no new money will be in the market from their side.. which leaves only europe and us & canada..

Nah, that's just FUD. No one said Binance is shutting down, secondly, Bitcoin(and the whole crypto) has recovered from -50% to -80% drops remarkably fast. Cycles are cycles, they are bound to happen anyway. Perhaps we shouldn't consider every bit of news as the end of the world.

That'd be true if it was 2019, but it's 2023.. CBDCs are here, decentralized coins and centralized exchanges are falling.. BNB has started falling. it's not a cycle like before. It'd be FUD when there was noise and no action. but now it's action and then noise.. if you go to binance's square (social) you'd notice massive rage over pending withdrawals and p2p txn pending.. since 2021 things have changed alot over the years. it's not your typical FUD .. it's binance this time.

I understand that it might seem like something big is happening when reading those social media platforms. Really, this is still nothing new. There was this kinda FUD and rumors around Binance during the FTX mess, it always gets out proportion. People actually feed it, creating a snowball effect. That's understandable though, crypto can be scary!

decentralized coins are falling

Which ones, I wanna buy! 😀