Author Topic: Binance alarm to delist BTS  (Read 6135 times)

0 Members and 1 Guest are viewing this topic.

Offline Digital Lucifer

  • Sr. Member
  • ****
  • Posts: 369
  • BitShares Maximalist & Venture Architect
    • View Profile
    • BitShares
  • BitShares: dls.cipher
  • GitHub: dls-cipher
https://www.reddit.com/r/Superstonk/comments/141iu2q/sec_alert_sec_files_13_charges_against_binance/
https://www.reddit.com/r/CryptoCurrency/comments/141j6dd/its_now_official_the_sec_files_13_charges_against/

Binance in hot water in USA, this is the cex you desire?

No, we don't. While I was ranting about it through 2018, 2019, 2020, 2021, 2022 - I've been painted as "enemy of the progress" as the Binance is the "biggest" and "best" and so on... Now, we can see that Binance is what ? Was I wrong ? Was my prediction incorrect ? Not even slightly.

A scam. Big "beautiful" Titanic invented during 2018 was no accidental and it was invented with 2 main objectives:
- To "sink down" all the projects they want aka manipulate the markets.
- Digital "Deutsche Underground Bank" invented to launder trillions of real dollars.

Reality is - those 350M BTS is not owned by users of Binance, but its owned by Binance itself (whoever may be real owner of Binance - possibly Ministry of Finance of some big country we do not know nothing about).

For some of You that has a brain still and love to use it - idea of BTSMG was to "repurchase the BTS" from exactly that big shiny Binance exchange as they were the "enemy of the progress" from the day 1 - not me. Unfortunately, I have failed.

Notice:
I am sure that a lot of spam and scolding and judging will come. I will reply none of it. I will reply to any intellectual and reasonable question, topic or conversation as I'm slowly getting back into my long lost position.


Announcement:
Very soon I'll post a series of reports and explanations what actually happened to all the assets (funds) that BTSMG Co., LTD. used to have in Thailand. I will also post along with it proof/evidence for each statement that I will be making and will be posting full names of the people who destroyed everything we worked for here since I've joined in November 2017.



Milos (DL) Preocanin
Owner and manager of bitshares.org
Move Institute, Non-profit organization
RN: 2098555000
Murska Sobota, Slovenia.

Offline R

  • Hero Member
  • *****
  • Posts: 1034
    • View Profile
Well, at least CZ is in prison where he belongs now 👍

Binance now owns around 350M BTS which people were too lazy/apathetic to withdraw.

Curious to ask, bitcrab, did you just post only once then gave up? lol..

There's plenty improving Bitshares lately, you've just got to look: https://bitsharestalk.org/index.php?board=131.0


Offline R

  • Hero Member
  • *****
  • Posts: 1034
    • View Profile
How about getting it back decentralized and used by many users instead of nearly nobody ?
If Binance kicks BTS out Huobi will follow.
It would be the end of bitshares and expecially its funding
There are many competitor CEX which aren't binance/huobi out there. BTS isn't reliant on CEX for funding.

Do your part with word of mouth marketing?

You mean by telling people that bitshares is being fully controlled by a scammer ?

That would be a lie, lol.

If you're concerned about decentralization then you should create a lock vote ticket to gain voting weight to improve decentralization. With these low mcap rates it's easy enough to do.

Word of mouth market this feature, the voting weight distribution will disperse.

IMO the quantity of BTS on binance poses a worse centralization risk than the current voting weight distribution.

Offline eluht

  • Newbie
  • *
  • Posts: 8
    • View Profile
  • BitShares: noone
How about getting it back decentralized and used by many users instead of nearly nobody ?
If Binance kicks BTS out Huobi will follow.
It would be the end of bitshares and expecially its funding
There are many competitor CEX which aren't binance/huobi out there. BTS isn't reliant on CEX for funding.

Do your part with word of mouth marketing?

You mean by telling people that bitshares is being fully controlled by a scammer ?

Offline R

  • Hero Member
  • *****
  • Posts: 1034
    • View Profile
How about getting it back decentralized and used by many users instead of nearly nobody ?
If Binance kicks BTS out Huobi will follow.
It would be the end of bitshares and expecially its funding
There are many competitor CEX which aren't binance/huobi out there. BTS isn't reliant on CEX for funding.

Do your part with word of mouth marketing?

Offline eluht

  • Newbie
  • *
  • Posts: 8
    • View Profile
  • BitShares: noone
How about getting it back decentralized and used by many users instead of nearly nobody ?
If Binance kicks BTS out Huobi will follow.
It would be the end of bitshares and expecially its funding

Offline R

  • Hero Member
  • *****
  • Posts: 1034
    • View Profile
Quote
It's clear that BTS will die if no senseful improvement will happen.

Losing support from a single CEX isn't the end of the world.

They've got a substantial quantity of BTS on their CEX; if a large amount of that returned to the DEX that'd be a silver lining.

The core is improving, what change are you wanting?

Offline Cryptopepe

  • Newbie
  • *
  • Posts: 1
    • View Profile
Binance has announced to move BTS into the Innovation Zone, as cz tweeted, "As some of you suggested, instead of direct delistings, we will move "no-progress projects" to innovation zone first. IF they still don't improve, we may delist. One more intermediate step."

https://www.binance.com/en/support/announcement/binance-will-move-amb-ark-bts-drep-ftt-gft-jasmy-loom-mln-oax-omg-perl-pnt-snm-srm-vgx-wrx-and-yfii-into-the-innovation-zone-on-2023-05-10-2f420fa36bcd4fe89dc6855b857b7ea9

It's clear that BTS will die if no senseful improvement will happen.

What shall/can we do?

I hope BTS won't be delisted...it would be a big disappointment and above all a lack of visibility for the future of the project.

Offline eluht

  • Newbie
  • *
  • Posts: 8
    • View Profile
  • BitShares: noone
Maybe get it back decentralized ?

King Abit did everything wrong he could do.

Offline bitcrab

  • Committee member
  • Hero Member
  • *
  • Posts: 1928
    • View Profile
  • BitShares: bitcrab
  • GitHub: bitcrab
Binance has announced to move BTS into the Innovation Zone, as cz tweeted, "As some of you suggested, instead of direct delistings, we will move "no-progress projects" to innovation zone first. IF they still don't improve, we may delist. One more intermediate step."

https://www.binance.com/en/support/announcement/binance-will-move-amb-ark-bts-drep-ftt-gft-jasmy-loom-mln-oax-omg-perl-pnt-snm-srm-vgx-wrx-and-yfii-into-the-innovation-zone-on-2023-05-10-2f420fa36bcd4fe89dc6855b857b7ea9

It's clear that BTS will die if no senseful improvement will happen.

What shall/can we do?
Email:bitcrab@qq.com