Detractors have been criticizing Bitcoin for needing meme-stock speculators to make it work, but now that the meme-stock speculators are gone, the detractors are criticizing Bitcoin for the speculators not being there. Yes, it goes down sometimes. Ponzi schemes by definition cannot exist for decades and the honesty in current bitcoin price attests to the honesty of its fundamental value proposition. That’s a Ponzi scheme and the bottom will always fall out eventually. This is an indicator of health and transparency. Something that just goes up and up and bitcoin up forever? This is simply illogical, and proof that Bitcoin is not actually a Ponzi scheme. The same can not be said for BNB other cryptocurrencies.
It’s time for a more grown-up culture of development and adoption around Bitcoin, and time for a more grown-up price conversation as well. No one’s singing "Pump It Up" anymore, and despite how fun and euphoric the 2021 rally was for a while, the space is really better off without the memers around.
Cryptocurrency has traditionally been seen as a speculative trading investment. IBS Intelligence recently reported that Coinbase states the global cryptocurrency exchange platform has found that many Brits increasingly identify cryptocurrency as a viable and reliable alternative to traditional financial systems.
It’s so easy for us to live a privileged life and ignore all this senseless emotional damage – especially if we are on the right side of the fence. Unless you have been to the real third world and seen an innocent child crying in the mud with no food or water while a Porsche jeep drives by 20 meters to the south it is hard to understand. I for one finally feel the relief of being able to look at this insurmountable opponent and say hey, maybe alone I will fail – but now we have a chance, and there are a lot of people out there who desire the truth more and more each day.
Binance as a cryptocurrency exchange allows for you to pay the fees using Binance Coins. The discount rate being offered for the first year is a staggering 50%, the second year will offer a discount of 25%, the 3 rd – 12.5%, 4 th – 6.75% and no discount from the 5 th year onwards. Further, when you do opt to use BNBs to pay these fees, you stand to receive a substantial discount which is not offered if you choose any other payment method or medium to pay your fees. The key to making the exchange really tick is the fee incentivization! may all be paid through BNBs. Exchange fees, withdrawal fees, listing fees, etc.
Many of us are aware of these existing problems when it comes to centralized cryptocurrency exchanges, however, what we may not know is – what are the solutions to these issues? So, to shed some light on how Binance is taking on these issues, let us take a brief look at some of the features that Binance has incorporated to solve exactly such drawbacks.
As a cryptocurrency exchange founded in 2012, Bitfinex has always been at the forefront of technological innovation in digital asset trading. Bitfinex provides state-of-the-art digital asset trading services for users and global liquidity providers. The Bitfinex team has gained invaluable experience in blockchain technology while the platform has cemented its position as the go-to place for digital asset traders and institutions to trade.
David is a forex trader and writer who has spent the last few years giving his opinion and spreading news about oncoming markets and btc trading tips. Besides from being a trader he is also a lifelong Everton fan and enjoys spending free time watching his beloved team in the premier league.
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Since its inception, misguided analysts have described Bitcoin as a Ponzi scheme dependent on continued artificial speculation pumping into the space. Even with them gone, bitcoin is still valued at far higher than its 2020 and 2021 lows and is increasing adoption on an institutional (and bitcoin sovereign) level. This adoption represents real value. Well, the bitcoin "bear market" has arrived and all the speculators are gone. As anybody with experience can tell you, speculators are shiny-object chasers by nature and pull out of any position the minute something shinier comes along. They got bored and took their toys home with them.
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