Binance is More Profitable than Deutsche Bank

[drogon]

Binance surpassed Germany's biggest bank, Deutsche Bank in profits in Q1 of 2018.

Binance Exchange
Profit: $200m
Employees: 200
Age: 8 months

Deutsche Bank
Profit: $146m
Employees: 100,000
Age: 148 years

https://www.ccn.com/binance-surpassed-germanys-biggest-bank-deutsche-in-profitability/

 

[Indeedmarketing]

Oh.. good information sir.

 

[Heiko]

 

[G03]

I wonder if I should move from Germany ... hmmmm

 

[IamNRE]

So what? Facebook did $5+ BILLION in the first quarter of 2018.... in PROFITS.

What's your point? There are many businesses making more than $146 mil. in the first quarter. You think think that little platform has ANYTHING on Deutsche Bank and their assets (and licence to print money/create money) ?

They have a trillion + on their balance sheet bro.

 

[ThatWeb20Guy]

Banking is evergreen, crypto is a ponzi scheme. When the crypto bubble bursts there will not be any more useless money being pumped into that subeconomy and binance will not make so much. Partly because Deutsche Bank itself and others will slowly roll into crypto trading.

The binance corp is just a one trick pony.

 

[G03]

So what? Facebook did $5+ BILLION in the first quarter of 2018.... in PROFITS.

What's your point? There are many businesses making more than $146 mil. in the first quarter. You think think that little platform has ANYTHING on Deutsche Bank and their assets (and licence to print money/create money) ?

They have a trillion + on their balance sheet bro.

Which is why Deutsche Bank's CEO was fired a few weeks ago for lack of direction right??

 

[TheVigilante]

This is done in 8 months time damn!

 

[seoexpress]

Good info. But only this statistics cant describe their future

 

[artur core]

Banking is evergreen, crypto is a ponzi scheme. When the crypto bubble bursts there will not be any more useless money being pumped into that subeconomy and binance will not make so much. Partly because Deutsche Bank itself and others will slowly roll into crypto trading.

The binance corp is just a one trick pony.

Are you mad because you dont understand this "ponzi / pyramid /what ever you call things you dont understand" Scheme?

 

[ThatWeb20Guy]

Are you mad because you dont understand this "ponzi / pyramid /what ever you call things you dont understand" Scheme?

I understand crypto and no I am not mad. Why would I be mad?

 

[artur core]

I understand crypto and no I am not mad. Why would I be mad?

About which bubble are you talking then?

 

[kontentdruid]

i use binance, but anyone here kinda feel that binance coins are a bit of a scam?

 

[dekadent30]

I bought litecoins on Binance for $67 and after 3 weeks i have $82. I think that altcoins are the future. All cryptocurrencies will be more expensive so now it's good time to invest. Diversify your funds. Don't put all eggs into one basket.

 

[girolamo]

World is changing, crypto might be something everyone will be using in few years...

 

[dailydollars17]

Hi

Binance will beat facebook in the future. Because future is full of crypto's

thanks

 

[Extruser]

Crypto is a complete gamechanger.
In everything. Also in the way of doing business.

Banks are old economy. F*cked up mentality.
I bet you they made much more than $149 mln, but they use
creative bookkeeping and other tricks to keep profit low.

Another Crypto Exchange, Coincheck, posted a $490 mln profit.

 

[kontentdruid]

can you imagine if these exchanges went public?
every crypto investor would buy shares of coinbase, binance, etc

 

[Extruser]

Banking is evergreen, crypto is a ponzi scheme. When the crypto bubble bursts there will not be any more useless money being pumped into that subeconomy and binance will not make so much. Partly because Deutsche Bank itself and others will slowly roll into crypto trading.

The binance corp is just a one trick pony.

I have this special feeling that you don't really know what you are talking about.
(or you are paid to write comments like this)

Eighter way, it's kind of ignorant.
Crypto is not just Bitcoin and Altcoin prices going up and down.
It's a complete economy.
Take your time to study something before you speak.

Fiat is the real ponzi scheme here.
Banks are just a few old egocentric and egoistic bastards taking advantage of all of us.
The day people start to realize that and move their money away, it's game over from these banks.

I will have my money in crypto, but you can give all yours to that nice mister bank director. No problem

 

[awesomewebsites]

This is why you need to work on the current craze or trends.