# pissing match **Published by:** [oliveme](https://paragraph.com/@oliveme/) **Published on:** 2022-11-10 **URL:** https://paragraph.com/@oliveme/pissing-match ## Content "Livi, what's with the BITCOIN bounce? And will crypto die?" Same thing with all of November on the planet. EITHER BLACK OR WHITE - A month of frantic contrasts in everything! One boy, Changpeng Zhao (head of Binance) started a pissing match with another boy. Samuel Bankman-Fried (head of FTX). As a result sol and ftt coins fell heavily. Zhao started to sell his ftt , while Sam started to sell his solana to buy back ftt so they wouldn't go to zero in the first place . Their drop was reflected in bitcoin and all other altcoins. I think the situation is much more serious than with Therra. Now it might happen that Binance wants to buy FTX for a very cheap price and maybe intends to take over all the competitive exchanges to become a monopoly. It goes against the principle of decentralization. Although we know that all exchanges are centralized, like banks, we cannot expect anything good if this bank is the only the one. And now Zhao says: That all exchanges should be transparent and show the cryptocurrency assets they hold to give guarantees of solvency to customers. And he himself is ready to provide transparency of Binance's funds. What do you think is Zhao's goal right now? Is it interesting for him to absorb a huge share of a falling unpromising market? Is he going to be a monopolist where he loses his money? Is that wise? By the way, Zhao has been friends since his youth with Đ•lon Musk, they openly correspond on Twitter. I wrote in my tweet about the probability of Bitcoin taking off is high on November 5 (that's the day it peaked at 21,500 and went down) The next probabilities according to numerology of Bitcoin's rise are on the 11th, 16th and 25th. I continue to study Bitcoin's mysterious numerology code and I am very curious if its growth will coincide with my calculations. What are the recommendations? Personally, I don't keep assets on the exchange at all, I use decentralized wallets. Take a note))) ## Publication Information - [oliveme](https://paragraph.com/@oliveme/): Publication homepage - [All Posts](https://paragraph.com/@oliveme/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@oliveme): Subscribe to updates