Bitcoin Forum

How high will we go. Best performing coin this year out of top 100. The rocket doesnt seem to stop. Expecting $50 by end of summer atleast

Thoughts or just another Pump and Dump

Well BNB is definitely not a pump and dump.

I think BNB is really just getting started.
And that is because CZ & Binance, take advantage of
nearly every opportunity to bring users more services.
Just two weeks ago, a hack resulted in the loss of 7000 btc.
And CZ, admitted this on Twitter a few hours after rumors
started, and he handled it like it was just another task that
needed to be completed. One week later and deposits/withdraws,
both resumed & no users lost funds.

Today he is hinting at Binance leverage trading being rolled out.
Because we know from the API, that it has been ready for weeks.
And the Binance DEX is up and running, as well as the Binance
Chain, which has brought on maybe 10 new projects this week.

And there will be another IEO, Harmony. Which is probably not
anything to brag about, but it requires users to pay in BNB.

I see BNB hitting $50-$60 by August and $125 or 0.0125 btc by
December 31st, 2019.

Binance platform is big community so many investors are concentrate the BNB investment. But next pump and dump is totally different from the price range because sudden dump was happen automatically many investors are move to USD or stable platform so right now BNB is the perfect choice for trading so those are active in continuously they only make good profit.

BNB price will continue to increase, the indicator that I see from volume BNB trading pair is increasing. Besides that IEO program also contributes to increasing the price of the BNB, because almost all IEO in BINANCE are successful. But still the benchmark price of coins refers to Bitcoin price, if Bitcoin price is stable then the price of the BNB will continue skyrocket.

We can see bump for coming days since the price fluctuations over BNB is not occuring big in the negative side. All the people on BNB community will give continuous growth for this coin whenever they list the new tokens on the Binance launchpad.

Since the growth is expected we can consider this coin.

The price of bnb is too expensive now. But it will drive up until the 28th, when will the sale of Harmony. And then most likely we will have a correction.

There's chances that it will happen as investors have it's own ways to cash out their profits, BNB is not expensive in the eyes of it's believers as big chances that it soon reached higher than what we are seeing and what those analysis has been thinking, the success of crypto project still depends from how the community will support and embrace it.

Binance have some products that working perfectly till this day and this company have been generated multi millions dollar as profit last year. That pump is not a pump but that caused by the token can be used for various purposes like to get discount or join on the binance IEO.
you should do more research about the utility of BNB and the benefits of its coin.

II also believe that no price increase for altcoin where bitcoin isn't growing. However, binance is growing fast enough and has taken over from xrp and etheruem in performance.

Just to begon with, I don't understand as anybody in his right mind could even consider either using binance or buying their coins when they just lost 7k bitcoin.

end of summer? Is that a big ambition? I think we should wait much longer. I think at the end of Q4 it will get a price of $ 50 if the volume of the market is maintained well from now on.
Top coins are often difficult to grow strongly in a short time.

For me this is just pump-and-dump. Of course others doesn't want to admit it, but they are in the altcoin market, and we all know that one nature of altcoins is that they are being used to take advantage of those newcomers in the scene to be entice to enter this kind of coins. So just be careful, although the price could go up in the future, it's better to not just ride the hype and use your common sense to get out on time.

There will always be a pump and dump but I don't see that it could reach that high by the end of summer. They're actually speculating that BNB could take over Eth which is definitely impossible to happen. As for me, BNB has a potential but it's still volatile and could drop down any time.

BNB have strong partners and also foundation so I do not think it will drop anytime because it is not easy to drop yes it can down the price but not just like other coim who dump more than 50% of their value. But we know $50 is possible to Binance token maybe not this time but takes more.months or takes 1 year but Im really sure it will really hitted that value someday.

maybe $50 is the next target for BNB
but, i don't know the truth about this BNB is Pump and dump coin or not
maybe this article is interesting to read,
https://ambcrypto.com/binances-cz-accused-of-pump-and-dump-sec-busts-crypto-ponzi-scheme-and-more

Pump and dump will occur in trading and not only on BNB coins, maybe I agree if the target is to the price of $ 50 but I don't think it will be in the near future maybe a few more months,but if it happens in a short time then it becomes good.

in my opinion coin BNB is the best coin for me. if to touch the price of 50 $ in my opinion it can. and can exceed. coin BNB has a large community, big partners and big partners so it's the best coin for me....

Why BNB is the best coin for you right now with the current market capitalization? There are plenty of Exchange tokens that can give us a better ROI within a few years. I know it's a risky investment to buy these exchange tokens but people thought the same about BNB back in 2017 and now they are buying a 300x higher price for it because they did not want to risk their money. A good strategy is to buy a little of every exchange token that you think are going to do well.

Is there a reaosn this coin keeps going higher and higher?  The thing is this coin is basically binance right?  Thus you are investing in the exchange?  I mean... if you think about it... what is purpose of this coin?  Its basically the exchange right?

I think we should only be ambitious at $ 40 at the end of the summer. it's really a great altcoin but growth always takes time. Do you expect its price to rise quickly then be dumped quickly like the BTC of 2017?
development always takes time and only poor altcoin is likely to grow strongly in a few days. Please be patient. ;)

it's not possible. It will be for the next year consider about bitcoin is not yet broken 10k price. There was a possibility for BNB worth triple digits when bitcoin worth more than 11k. $50 makes sense for me rather than putting the binance token price as high as their expectations. I bet on $45 - $49 range.
I just try to consider more IEO will create a gradual growth rather than put BNB into the instant pump.

The price of BNB will determine on the performance of the binance market this year. because of the possitive affect of that counter hackeng activity binance now seems untouchable by the sudden shut down of exchanges. they are not like the other who suffer when they got hacked binance on the other hand has some counter measure.

As it shows the popularity is there and if the exchange can keep its reputation up it will rise further. Dont know what will happen when they will/need to enforce kyc.