I assume not a single one of you got their

Question

Flow Community [unofficial]

Alq Manila

I assume not a single one of you got their

coins today on Binance?

#blockchain #cryptocurrency #english #flow

0

17.10.2021

5 ответов

14 просмотров

Mark

To clarify there was no FLOW unlocked on Binance because all locked FLOW were either on Coinlist, Kraken, Ledger or Blocto since those were the only options at time of token sale. This means any deposit into Binance are people from any of above source, where each of them had easy way to sell on Coinlist, Kraken or Bloctoswap. Just like yourself, you sent 500 FLOW to Binance while you could have very well sold on Coinlist, I assume because price on Binance was much higher 😁. So where is the logic that once Binance allows deposit there is a huge selling pressure when no one wanted to sell at Coinlist/Kraken price... if people are really willing to sell on Binance at $10 they would have done already on Coinlist. Now you might say ok maybe a good chunk is stuck on Binace deposit, but I highly doubt everyone sent 100% there. Just like you did send 500 FLOW to test first. Not to say FLOW price won't decrease, there is 50/50 chance it will go down as going up, such is life. But I'm trying to find some logic to follow in this chat but seeing mostly just hunch at this point 😆

0

17.10.2021

crx

Mark
To clarify there was no FLOW unlocked on Binance b...

I think a lot sent all their Flow over to binance. Also once binance deposit is confirmed, more people will send over

0

17.10.2021

Mark

crx
I think a lot sent all their Flow over to binance....

yes but can you explain why people would sell at $10 on Binance but not now on Coinlist/Kraken at $14?

0

17.10.2021