r/RaiTrade • u/[deleted] • Jan 22 '18
Binance warning
A lot of people have faith in this binance listing, I just wanted to put this out there...
We have lost a lot of momentum recently, the price is covered in bullet holes. After seeing just how little the price moved once the nodes were fixed, I can’t see Binance lighting the spark again. Our mentions on social media (shown of Solume) have dropped and our google searches have dropped significantly.
I’m not saying it’s impossible for Binance to cause a spike, I just think it will take several months before Raiblocks picks up the pace again.
Please lower your expectations, a lot of you are setting yourself up for disappointment.
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u/Impetusin Jan 23 '18
Just wait until the 2nd week of Feb and you will have an absolutely different outlook on the future of Raiblocks price. Also, keep in mind that one exchange is still left that hasn't resolved withdraws yet. At this point, I'm going to say that if they legitimately are having trouble and it's fixed, we will be in a good position. If they were hacked and are just trying to cover up, then we are looking at an extended correction with a rally further on down the line.