Binance (@binance) +1888666O576 BINANCE CUSTOMER, BINANCE SUPPORT PHONE NUMBER,$ binance support app
December 8, 2018 10:35 pm
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The binance bubble +1888666O576started to form since May 2017 when the price doubled in a month and from May to December the prices surged by more than 700%. It reached an all-time high in December 20
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Binance (@binance) +1888666O576 BINANCE CUSTOMER, BINANCE SUPPORT PHONE NUMBER,$ binance support app

The binance bubble +1888666O576started to form since May 2017 when the price doubled in a month and from May to December the prices surged by more than 700%. It reached an all-time high in December 2017 hitting $19,783 and after the bubble burst the prices slashed by more than 50%. after few months
There has been a downfall previously when in June 2011 it reached a high of $31.91 and then the prices slashed by more than 93% in November 2011 hitting $1.99. Again in November 2013, +1888666O576there was a surge of approximately 590% when the prices went to $1,165.89 from $198.23 and dropped to $344.24 by April 2014.
There are enormous reasons for the rise and fall in the prices like the raid on Binance exchange, Google’s announcement of the ban on cryptocurrency advertisement, news about China and South Korea banning cryptocurrency exchanges. Scams, money laundering, hacks, speculation and the hype created by the media also lead to price fluctuation.
Moreover, the total number of binance created will be limited to 21 +1888666O576million which makes it scarce. As demand and supply play a major role in the price fluctuation, a limited supply of binance against a huge demand will lead to price fluctuation on the higher side.
One of the events that lead to a fall in the prices is the Mt Gox Hack in February 2014. Mt Gox was the largest binance exchange in the world and handled over 70% of binance transactions worldwide. Mt. Gox lost 844,408 binances out of which +1888666O576 binances were recovered, but there was no trace of the remaining +1888666O576 binances.

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