Bitcoin Forum

Binance's native blockchain token (BNB) experienced a dip in price after the SEC fiasco. The exchange is facing heavy pressure by the US government regulatory agency. If Binance wins a lawsuit against the SEC, BNB's price could go all the way to the moon in an instant. But if it loses, BNB could experience new lows until it goes below the "triple digits".

I'm wondering if now is the good time to buy BNB or should I wait a little bit more? The crypto market is still bearish, so we should expect further pressure against an altcoin like BNB in the short term. Who knows if BNB will reach higher prices in the future? Your input will be greatly appreciated. Thank you. :)

Now that the sec fuds against binance which affected the price of bnb have subsided it is now the best time to hold BNB on a short-term basis since the coin has shown a significant price increase along with Bitcoin in this period and still there is a high possibility of the more uptrend movement for both the BNB and bitcoin along sides.


Those who bought BNB in the middle of the sec crisis would have gained by now because at that time the price of BNB dropped significantly for over two weeks before the current recovery movement. W

Waiting for the court to decide who won then it will see the movement of BNB in the market especially when the lawsuit wins then it is likely that the price will rise again, I believe against Binance they can have other evidence in this lawsuit to defend themselves because binance is a big platform still very trusting on this coin, but because it is still bearish, the price is still too low and it is caused by the SEC and this will be considered FUD for some people, but when the bullish season comes, the increase will be unbearable BNB coin will definitely increase even more sharply, I think prices won't drop below $200.

We will never know if this is the right time to buy. I've bought mine even before these issues and I'm on a loss holding it but I'm not panicking and will just wait for the comeback of it when a new ATH happens. I'm hoping that it will come together with bitcoin's new ATH.
That's why I'm just holding long term on it and whatever the issues and lawsuits its mother company faces, I don't mind and I'll stick to my plan that win or lose, I'll hold it. But then this is me, not a financial advise.

The easiest time to buy is actually in the bear market as almost all colors of shitcoins can still pump in the bull market, but I prefer to avoid coins that have been involved in lawsuits with the SEC. Take an example of XRP. Yes, it did try to pump, but it underachieved in the last Bull run. The same thing is most like to happen to BNB if that case drags on for a long time.

Being a big platform means nothing. It could be big today and no more tomorrow. I think you know what happened to FTX and it's native token. Things are rather so unpredictable in the crypto space.

You can never be too sure

Despite all the occasional fud on bnb it is has displayed a great deal of resilient in price. I see bnb as one of the solid alts project in crypto.
Buying whenever the price dips is also a good idea, it gives an opportunity to dca. Bnb is a worthy investment imo.

If you are able to buy during the dump price, then for sure you can have your profit now. Though the price are still cheap and the issue is still there but of course there’s no guarantee for this one since the panic might happen any time and no one can tell if its going to happen or not. Buy at your own risk, analyze if its a good idea or better to wait for the perfect timing, try to but other coin for now.

For me, I should have to wait until they've got settled it down, and when it shows some recovery. At least, we have some assurance that it will rise back, not going to the dip. Their issue with the SEC is a factor that triggers some panic in the BNB investors and I know they are still there giving support and waiting until it was over but it was possible that these investors will give up and dump their coins once they see no chance for the team to win. That is why it was best to but when they are clear with the issue already. 

Time can tell if its worth it or not, just take the risk you can afford to.
The market is very volatile and anything can happen, BNB remains solid despite of the issues with SEC and I think they can survive that but still not guaranteed. If I have the extra money I'll surely buy BNB at a price around $200, you can wait for another drop or you can just buy now and hold until next year, you'll see if its worth it.

I think that whomever wins, result of it won't get decided for a long time and there might just be a bullrun before it. Imho BNB just could be safe investment before it, but i have been constantly changed my mind about it. On the other hand the lawsuit could take years, and on the other hand all the markets need is a rumor to move them.

Binance probably doesn't fall unless CZ goes to prison, and even then they just might pull it off. Bitmex CEO went to prison but they didn't have any native token that would be a central element of that exchange. There will be many moving pieces on this and result is hard to predict.

The main problem is that no one knows what will happen tomorrow and which of your predictions will come true. This is an age-old question for any cryptoinvestor when they don't know the right time to buy and sell. You have to take risks and act on guesswork.

There is a well-known rule that says: act against the market. If bnb holders are panicking and selling, then now is a good time to buy. But this is not a financial recommendation at all. If I knew what fate awaits bnb, I would never tell you. I myself would use this information for personal purposes.:)

They'll hold because they believe that it will rise back and recover from the dip. But what about those who plan to invest in BNB? That will remain uncertain as we can't tell what will happen next and so investing in this project remain too risky, unlike before. However, I don't just think that the BNB team won't do anything to regain momentum and their reputation because many investors and traders will be affected.

But anyways, despite that situation, I will still buy while the price is low and hold because I was optimistic that it will pump even though the issue is still there.

BNB was not created to be an investmvnt currency, but rather its work as utility token, and based on this definition, even Binance does not recommend buying it as an investment, but you can speculate on its price because it represents a reflection of trading volumes in Binance. If you think that these volumes will increase soon, invest in it in the short term and sell as soon as to make gains.


Now is a good time to buy BNB because Binance do not seem to be in an excellent position, but I doubt that they will make a good profit during the current or next year.

It won't end soon. The lawsuit between SEC and Ripple has been going some years and has yet ended. Will the lawsuit between Binance and SEC comes to the end sooner than the lawsuit of Ripple? I guess not.

It's uncertain as we are always uncertain about future. We never know what will happen with this market and BNB.

I have my belief that BNB is still one of best altcoins for 2024 and 2025 bull run. I can be different than others but I will wait for a few months before halving in 2024 to accumulate BNB. I still feel some risks if I buy BNB in 2023 with a bear market. It's safer to buy it in a bull market even I will have to pay a higher entry cost.

I wouldn’t buy it now. I remember buying it years ago in the single digits and sold it way too early. I later ended up buying FTT at like $20 thinking it would hit triple digits like Binance but obviously was wrong.

It can double in price from here eventually but I think there are better Investment out there which can be more safe and more profitable. If it goes to like $100 then it’s a better buy.

Since the price of Binance is still low in the market, it will be favourable if you can use this period to buy Binance and hold for long term because the lawsuit will be for the favour of Binance team and it will make the price of Binance to pump higher in a way that it will help long term holders to make a good profits in the market. We know that, whenever the price of Bitcoin is rising in the market other cryptocurrencies price will be rising too which is a sign that Binance price will rise higher before the end of next year 2024 for those that embraced the opportunity to celebrate for the good results.

If I was you I will probably wait, it is true that the price could go up very rapidly in the case the FUD against BNB disappeared, but I doubt the SEC will let go so easily, so you could set an alert on your favorite exchange which told you if there was a big movement going on.

Then in just a matter of minutes you could buy BNB and enjoy most of the profits such a positive movement could bring, without the need to accept any of the risks in the case the price dropped instead.

Is now a good time to buy BNB? If you question that, I think the answer is yes. At the moment the price is falling, many coins are red. That's a sign it's a good time to buy coins including BNB.

You would be risking a lot. The price hasn't went down a lot like it "should" when something like the SEC thing happens. So, I would say it isn't the best time. And Binance is facing a lot of issue in different countries (not only in the US) and as far as I know they are exiting few countries due to licensing and regulatory issue. So things don't look really well of Binance. If something "bad" is supposed to happen to Binance, we can be almost sure that the price of BNB is going to get dumped a lot. But if Binance does manage to shrug off all the issue, we can almost be sure that the price is going to go up. But is the risk worth taking?

Yes I do think its a good time to buy BNB tokens. We know the reason this coin is down and it is because of regulatory pressure from the sec. It did lose $10 Billion in marketcap cause of that.

But I am sure it will go back up. And it will reach a price point of $300 at some point at least which will earn profits if you buy it now at price of $238.

have you ever heard of "buy on rumour sell on news" ?, if you've heard that, you'd think that now is the right time to buy $BNB, regardless of whether they win or lose. The news will quickly spread, when it becomes a win for Binance, you won't have enough time to buy and get instant profits.

Note: my arguments don't act as advice, I am simply conveying the usual things that are happening in the market and the crypto side, so be wise in understanding.

I think doing dca is better. With its current valuation no doubt bnb is one of the competitive market price. With the recent fud which I think they resolved is no doubt a proof of their dedication. But with the centralized nature of bnb many would likely be still afraid to use them. This can pump eventually considering they are one of the leading launchpad platform and has many amazing use case on top cex. However the central functionality is another factor which binance are tied up since they are legit company would do anything for insitutions to recognize them as one of the legal branch of crypto apparently would never get understand by decentralized ways of bitcoin. So where they position themselve if you were in their shoes? Follow the government requirements or believe decentralized anonymous people who told them to be decentralized? Its hard right to pick a team and suffice both sides.

Personally, I think that this is one of the best times to buy this currency, due to the degree of reliability it enjoys, regardless of the troubles that the platform is going through, which I consider to be a circumstantial crisis, no matter how long it takes.

The degree of risk is not in buying or not, but in how much we are supposed to buy. Price fluctuations may continue for an unexpected period, with which we cannot wait for long periods. But what is certain is that the price will recover no matter how much it declines, and that this currency has a good position in the cryptocurrency market and can be considered a safe haven.

Although we see the impact of this issue on the BNB price, as we look at its progress, it comes back slowly. We saw it declines at first and that is because the panic sellers are selling off their BNB while real investors hold tight believing that it will rise and solve the issue. Yes, we can put XRP vs SEC as an example and the issue still exist for many years and it was not yet prosecuted. But I don't think this would also happen to Binance, I know they are currently solving the issue and proving that they are legally running the business.

Nevertheless, choosing BNB is still a good idea compared to investing in meme coins. Despite the issue, BNB never lose its potentiality.

Binance is a big platform and the number of investors is very high.  I think the court will rule in favor of Binance very soon. Maybe many are waiting for the verdict.  If the court rules in favour of Binance, the value of BNB coins will increase rapidly very soon.  Although many people are confused about Binance right now, we never know if now is the right time to buy.I will hold on to BNB because I believe it will bounce back and recover.  If something goes wrong with Binance, BNB Coin will have a negative impact on investors.  And the price of BNB coins in the market will drop rapidly.  But we hope Binance will solve all its problems.

Being involved in the crypto market made me realize that a good time to buy anything can be quite problematic, because it's easy if we don't have the research and plan to build with the investment but only judge. Predictions based on news impact, such an investment is always inherently risky. For me, Binance has always been very strong in the crypto space, they have shown their ability since their launch to now with a solid position, and the SEC and Binance scandal I think is also a difficult event. avoidable, but actually to beat Binance I think it's very unlikely, it's not as simple as the FTX, Luna,... but here maybe I look at the market share of activity that Binance has. In this area that makes some parties jealous to try to bring down, I think some of the legal issues in this market are really made up for making stories, they are not convincing, so like many cases that the SEC mentioned I think things will calm down over time.

If their scenario resembles the Ripples, this is the right time to buy. Because after they survive these trials against the Sce, they will surely improve their platform because most of it is postponed due to this problem. Once they gonna survive this lawsuit, the price of BNB will surely back to normal or even goes to increase more than its original price before this lawsuits take place. But you need to know that all of these are only speculations, and the rest is up to you if you want to take the risk and ride the wind of your fate in this situation.

The cryptocurrency market is on the Bear market, which every Coin's is on the bearish, in which BNB Coin is down and is on the good position to buy more BNB Coin, which Bitcoin is the number one coin, and driving force of the market.

That is a question, that i am asking myself too from time to time in the last few days. A few weeks and months back when BNB recovered quite nicely again, i said to myself, that i will definitely invest a little bit into BNB if the price will go back down to the 250$ region, but now that we were hitting this prices i am not so sure anymore if i really want to get some BNB.
I was always sure that Binance is the biggest powerhouse in the crypto space and that this will also be the case in the next few years. Now with all the regulation and SEC issues going on, maybe this will no longer be the case. There are quite a few people that are already claiming that the time of the big central exchanges is coming to an end.

It depends on you. How much trust do you have in this coin.
I personally prefer to invest in other coins, there are still very many other coins that are more stable.
Thats kinda gambling RN, if you choose to invest on BNB.

with the current state of the market (correction), then of course now is the right time to buy all altcoin that you are investing (including BNB), because you can buy BNB at a low price (discount) and when the market starts to increase (bullrun), then of course the price of BNB will definitely increase very high, therefore don't miss your chance to buy BNB at a low price and hold until the bullrun occurs, so that you can get a lot of profit from investing in BNB at this time.

If Binance is as solid as they have advertised in the past, then they would be able to win it. I fear they are being targeted because they have managed to stand strong since their inception in 2017 - Despite the heavy scrutiny the crypto industry has had from the government and regulators. I hope they pull through - in the meantime, I have moved my trading assets off the exchange pending when the issue gets resolved - FTX taught me to act first and ask questions later. When there is more clarity about the direction where the case is headed, I'd be sure to acquire a BNB bag.

If you have been trust bnb coin then definitely you can buy but don’t buy higher price. In my opinion if the price of btc will down again then altcoins market will down so you can see next month. Anyway bnb coin marketcap very expensive high so you can get buy of low risk.

you have to take big risk at the moment if you wanna buy bnb, i think it is really difficult time for binance,
we don't know binance will win or not against sec issue. so i think you should not to invest for bnb,
if it is not easy predict about bnb future, bnb already delisted from binance us.
so it price will not recover in short time.

There's no sign for binance coin to increase again. This coin has so many uncertainties. Germane regulators has been rejecting binance's proposal to hold the implementation for new regulation.

It's quite risky to buy it now as there are so many uncertainties happened with binance exchange site.

The crypto market is going through a volatile period and Binance is facing pressure from the US government regulator. In such a situation, investing in BNB can be risky in the short term. However, whether to buy BNB or not depends on your investment perspective and risk tolerance.

I speculate that the story here, if Binance wins the SEC case and overcomes the current pressures, the price of BNB could increase significantly. However, if Binance loses the case, the price of BNB could drop and continue to correct. If you are interested in BNB and are confident enough about the potential for future growth, you can monitor the situation and wait a little longer to get a clearer view of the regulatory situation of Binance. Usually, making investment decisions should be based on publicly available information and thorough research on the project you are interested in.

If we look at the price chart, this is true, the price is still in a sideway position and at this time many assume that it is still very cheap compared to before. But. users seem to ignore it and keep buying. If true it will be a long wait for Hodlers and binance's obsession to see ATH again above $691.27 in 2021.

You have money then you can invest anywhere but you couldn’t maked profits for buy unless token. BNB also a good coin we are know even there market comparative very higher. You can see there have legal many active service and there community very strong. Otherthink best progress you can trade BNB regular basis. 

I believe this is the best time to purchase BNB because not everyday they will be attack by SEC while their current case is already turn into agreement with the case. The SEC will just not drop all the charges quickly but Binance has a lot of cash to defend themselves in the court long term.

It’s always a good time to buy BNB since they already have their blockchain which BNB is the native token. There’s always a usecase for this token even without their CEX on US market.

It's not altcoin season yet, so we should expect prices to dip further down the road. That, alongside the SEC fiasco, should prevent BNB from reaching a new ATH in the short-term. Considering that Binance is the world's largest crypto exchange, it has the necessary tools to keep BNB afloat for a very long time. Adoption for the BSC platform is high, so I think predictions of BNB reaching $1k will become a reality in the future.

What I don't like is the level of centralization existent within BSC. It makes BNB inferior to ETH. Would you imagine BSC (BNB's blockchain network) getting easily shut down by the government at will? With decentralization, BSC would become truly unstoppable. I think now it's the time to buy more BNB before it's too late. Who knows if a "pump" will arrive faster than we've ever imagined? :)

Yes currently BNB is at great price to be bought into the wallets. It’s one of the great altcoin that we can add to the bag and it can create big impact in the price later on. The price suddenly dropped due to the lawsuit that is being filled on Binance US, once everything comes back to normal, the price will definitely again go up. So yes buying BNB at current market price will be a great decision according to me. Let’s hope for the best.

BNB is unlikely to fall below $200, unless there will be some serious events with Binance, which will contribute to the decrease in the rate and prosecution of the exchange by the regulators. In my opinion, such events are unlikely. Right now the price is not so high to invest in the long term. I think in 2-3 years, the price of BNB may reach $1,000 and bring a few hundred percent return from the current marks.

I completely agree that now is the time to invest in BNB, since the price is adequate, and there is growth in BNB today, especially since I believe that this cryptocurrency is one of the most promising for today, so I myself invest in this cryptocurrency this currency is one of the main ones on one of the most promising exchanges

The problem here is that the SEC chairman Gary Gensler is targeting Binance because they rejected his proposal to become their advisor before he became the chairman and with the FTX fiasco they will be closely monitoring the activities by all the major exchanges and hence it is wise to wait till this situation is over before investing in any exchange tokens.

besides the lawsuit, the price of BNB has fallen because the crypto market is correcting, but I agree with you that now is the right time to invest in BNB and the price will definitely increase again, because BNB is the best altcoin at the moment besides Ethereum, so of course the price from BNB will definitely increase very high if the market has increased again, moreover BNB is the biggest exchange at the moment and has a very popular blockchain too, so don't let us miss this opportunity to be able to get big profits from investing in BNB at a cheap price.

^ I think you are right and you have a better perspective on the price.
When a cryptocurrency exchange or any company faces regulatory challenges, such as those involving the SEC, it can introduce uncertainties and risks to the investment landscape. These challenges may impact the future prospects and performance of the company and its associated tokens. Investing in such a situation can carry increased risks, as the outcome of the regulatory actions and their potential consequences may be uncertain. Because for me, it requires careful consideration and analysis of the specific circumstances surrounding the company and its regulatory issues. I would rather go on BTC than BNB, but if you are willing to risk, only the amount that you can afford.

You need to measure your risk so that you will know what you will be gaining when Binance win the lawsuit leading to the bull movement of BNB and what you will lose when if Binance lose the lawsuit that could make the price of BNB to plumate drastically. Everything we do in the market is all about risk and we must be ready to take it if we want to be a strong and profitable investors. There are projects that we can buy and hold that will give us good amount of profits but we might not want to take the risk because of our risk of what could happens to us if we lose.

I always think that investing in BNB only good if it's below $250, right now it's $240 which is quite good pricing honestly
considering that the ATH was far beyond it but honestly though the lawsuit is just something that shouldn't be underestimated, the lawsuit could literally change the tide of the markets.

BNB, IMO is one of the coins with the potential to make four digits in the next bull run, having made up to $700 (1BNB ~ $700) (CMC) in May, 2021. However, the case with SEC have complicated matters because people out of fear, may begin to sell their BNB to avoid loss. So, those HODLing appreciable amount of BNB should keep an eye on the case to know which direction to case is tilting to and possibly sell if the need arises. However, considering the utility of BNB, I don't think BNB will experience a sudden collapse as long as the case is ongoing unless at a point if verdict is passed against Binance which may then trigger sudden sale. Though you can buy now at low price but I suggest you hold what you can afford to loose in case the unexpected happens. However, I have confidence that CZ and his team will win the case, just my opinion.

The best time to buy is when the price of it dipped because of SEC. I guess if we only bought at that time, and waited for a few weeks, we've made a few to a hundred bucks on it just by holding it for short term.

Binance had many problems in the past already, and all of them failed to put the company down, and so is SEC as well. I guess the effect of the recent problem within Binance and SEC on the market is already going down already, and it has little to no effect anymore. As for the question, with Binance being the most popular CEX currently, I think it's a good time to buy, and hold BNB for short to mid term IMO. Buying now, and wait for the bull market in 1-2 years will yield you profits for sure.

Ohhh wait. Gary Gensler hated Binance so much after what happened with FTX, so there's a chance that he will do what he did again in the future. Of course that will be an opportunity for us to buy more BNB. :)

Now is not a good time to buy BNB, I just do not trust this token to have staying power. There is too much regulatory pressure on Binance from governments & authorities. BNB is at risk of being bullied into the ground by people like Gensler. I would personally avoid investing in BNB.

Indeed, the impending altcoin season and the SEC debacle are key factors in shaping BNB's price in the short term. The prowess of Binance as a leading crypto exchange cannot be overstated, and certainly, it lends stability to BNB. However, my skepticism is aroused when I consider the optimism about BNB reaching $1k. We need to tread carefully on this road paved with gold.

The issue of centralization within BSC is a pivotal point. The control centralized systems grant governments over them is an anathema to the crypto ethos. If BSC does not evolve towards decentralization, its inferiority to ETH will remain glaring.

While the thought of buying BNB now is enticing, one must exercise caution. Market volatility is not a roller coaster ride for the faint-hearted. Therefore, while a "pump" could be on the horizon, it could very well be a "dump" that arrives faster.

I think BNB's current position in the market is something that has been shown by what they've done in this market, the regulatory issues with the SEC only add to the excitement in the market. Investment always has risks and returns, so it's important to consider right from the beginning before deciding on things, the case of BNB is not too much of a problem for me when I think that current prices or emerging pressures are not a big deal. now only help them become stronger and grow bigger in the future. Try to put some speculation on the future story, if the price of BNB crosses the $1000 mark I think many people at the moment might be skeptical about it, but I believe it will happen, so if I did my research If you research and have an investment strategy with crypto, I think the price now will be reasonable to start a long-term DCA, the next cycle may appear in the next few years, the immediate difficulties will also pass.

Because I think about fairness and what has happened, I also understand the power their position has built in this market over the years, but that doesn't mean bad things don't happen. with it, however if we look positively to the long-term future, I also completely agree things will cool down soon. Just as it's definitely the top thing and it's lame to look at it with memecoins, since the two are inherently two different extremes in this market, but still standing for the moment. I like to observe altcoins (including BNB) to focus a lot on bitcoin.

But also pay attention to the risks, Bitcoin is still on standby and if the Bitcoin price starts to correct, of course BNB will also be corrected. It is better to buy gradually while seeing how the market is.
We still don't know where Bitcoin will go. Bitcoin is still quite sensitive to bad news or FUD. The market is also getting saturated. Waiting for the next correction will probably provide even cheaper prices.

If  Binance lose the case, the worst I think SEC will do is fine them, they will say Binance should pay and that's what SEC want and at the end, they will be happy that they found CZ at long last but I don't think there is much damage that will be done that will exceed what has been done, Binance has a strong community that are always ready to sheeply follow CZ to the grave, BNB will remain strong, don't even expect the price to go lower than where it slide to the other day because the support is firmed and tight.


BNB has utility and use case from other different other protocols, I expect to grow as much like other layer 1 we have in the entire market and because Binance exchange remains number sort out people's choice, I expect it grow no matter the situation of the market, if Ether remain valuable in crypto space, BNB will also remain valuable as alternative to the chain.

BNB just recovered from a major market setback from the crisis with the exchange and sec which forced the price to slide down a bit in the last weeks but at the moment, there is a lot of recovery under way, and sure BNB could possibly reach 1k shortly but when that will be is unknown I am sure if there is a major market surge for bitcoin it will result into that level for BNB.

I believe in the capability of BNB since it provides liquidity for the exchange which is the major community for the coin.

The decision is right but the problem arises not because of its refusal but this is due to the known FTX issue. It was the job of the SEC to regulate scam projects and illegal activities that these exchanges might be doing now and it should be stopped as this will create negativity in the crypto space. If Binance doesn't do anything wrong and they are transparent, they will end up with this issue too quickly but still, they need to cooperate with the SEC. But yes, money can influence you, and possibly in the coming days we just hear that they're okay.

If you look at the lawsuits that have been filed by the SEC I think the price of BNB will undergo significant changes. For now I've been buying some BNB and doing day trading to get some small profit. But I will continue to monitor how BNB develops in the next few weeks.

I hope Binance can win the lawsuit from the SEC but I think the price of BNB will undergo major changes regardless of what the US courts decide.

It should be a good time.
Once this SEC case moves on a positive outcome then the market of BNB will also go upward. Remember when it happened to XRP too? Every time good news comes out the green light is also seen in their market.
I think the investors are now just monitoring this case but they are also ready to buy or sell every time something will happen. IMO, purchasing power should be now because there are also lesser sellers at a losing point.
This suggestion though will still depend on the buyer, if he/she is optimistic that Binance could overcome this problem then I don't this there should be doubts at buying now.

It's really important to continue to monitor developments so you don't miss any information and hope for good news,
however it is not easy it seems to be able to win the lawsuit but surely the BNB team will try hard for it,
We'll see how far this case will go.

The time has come why I am not really into BNB because of their exchange, BNB is only fueled by their exchange, not their own network chain (Binance Smart Chain) which even though they have already a lot of TVL on their DeFi platforms, it's still not making sense at all for me.
With Bitcoin dominance is keep pumping and altcoins are being hammered, BNB for me is still not good to buy because they have still current issue with SEC.

Maybe. It all depends on BNB's level of mainsteam adoption and Binance's ability to remain resilient under regulators' pressure. If there's no excitement for the cryptocurrency, prices will continue to fall all the way down the drain. I think BNB won't go below "the triple digits", simply because Binance is constantly burning the coin supply. This should make BNB deflationary in the long run.

The blockchain platform underpinning BNB (known as BSC) is similar to Ethereum, so it has a huge advantage over its competitors (especially Solana and Cardano). That's because Solidity (through EVM) has a lot of support in the crypto/Blockchain space. Smart contract platforms with their own VM and programming language built from scratch (Solana, Cardano, Sui, etc.) are not so lucky. The only downside of BNB is the utter-centralization existent within its own blockchain network. Other than that, it's the perfect contender of ETH. Who knows if someday BNB goes all the way to $1k? Just my thoughts ;D

It is true that after the issue of us binance the bnb coin price was dump with a good amount. And if we look back to the last bullrun that The all time high price of BNB is crossing the 600 dollar. So it is now all most one third below from the ATH price. I think if anyone wanna hold bnb for long run like 1 or 2 years it can be a perfect time for them to invest on it right now. Because I think it on a good dip now

I suggest you do not invest in BNB at the moment and follow the SEC lawsuit and related news. Observe closely the ongoing developments that are being made in the case, it will give you an insight into investment in BNB.

The price of BNB has dropped due to the sharp bearish swings in the crypto market. One could also argue that the SEC's issue with Binance has taken a heavy toll on altcoin prices. Even so, expectations remain high. However, in my opinion, I will not choose to invest in BNB at this time. By now, BNB coin predictions are not always positive, and we can see that this coin very often encounters FUD.

Oops, this might be different where I stay. Coin BNB still No. 3 after BTC and ETH and is considered the most comfortable and convenient to invest with. yes. the biggest reason sounds common, BNB has its own huge platform and the coin is very widely used. So, there's probably no doubt though the current state of affairs and the dispute with the SEC is nothing they need to be afraid of and it's average if I ask. the answer is the same. it's cheap, just buy it.

If you already understand what Binance Coin is, you might be wondering if you should invest in this cryptocurrency. To get the answer, you need to consider two main factors, namely, safety and profitability. It is possible not to talk about safety at the moment because this coin is still in the top 3 in this market anyway. As for the profit, it depends on the investment method of each trader. But if you look at the performance of BNB over the years, there is a lot of potential to invest in Binance Coin (BNB). So in my opinion, this is a currency that is still well worth considering.

Of course it’s good time to buy BNB because it’s low price after long period. But it’s dumped happened for the lawsuit of SEC regulatory. But i think Binance able to strongly fight in this case against SEC. BNB is the most popular coin because it’s supported by Binance exchange. I think if can keep holding in 2-3 years definitely you will get high profit.

of course, now is a very good time to buy bnb, and in general not only time, bnb is the future for today in the crypto world, because it is a very promising cryptocurrency for today, especially bnb today is one of the main currencies in one of the promising exchanges for today

Everyone in the thread has rightly warned about the SEC. XRP has previously been clamped down by the SEC. Today, we see how XRP is doing. If Binance falls into a situation like XRP, it can give its investors nightmares. On the other hand, BNB is the coin of the most used centralized cryptocurrency exchange. It will be one of the first coins to get its share of the pumps as hot money flows into the exchanges during the bull season. So, I think there is both a big risk and a profit opportunity...

in this thread you talked about the advantages and disadvantages of bnb and that in my opinion you are right in everything you said, but I will add the fact that the reason people bought a lot of bnb in the past was because they paid low fees and as the owner of binance it was showing great developments so that gave people more confidence, it turns out that these same developments no longer cause much attention from people mainly because we are in an era of kyc and centralization and people have even become accustomed to kyc and centralization

binance for example asks for kyc so when people see that binance itself that asks for kyc does not have a physical office and some things that governments require then people lose faith in investing in their altcoin and will prefer to invest in altcoins from memes that they it will make a quick profit, the only fact here that I see clearly is that the bnb will only go up in price as the price of bitcoin goes up in price and not because the bnb will go up by itself without depending on the price of bitcoin, so I don't see any advantage on buying bnb for long term

I have bought some BNB because I believe they will prevail against the SEC Lawsuit. This is my personal opinion and of course I am prepared for this risk. But there is nothing wrong with betting on your own choice. Maybe XRP has experienced the same thing but they don't have a big exchange market like Binance. This will make the difference in price and development between XRP and BNB.

The price recovery may continue for some time, I am not sure that it has already finished, BNB is still trading at a significant discount, relative to its prices in 2021. It certainly cannot be called a full-fledged recovery. BNB will only reach $1,000 in the event of a global bull run and an influx of liquidity to the markets when bitcoin also updates its next ATH. Without these events, altcoins are unlikely to grow so rapidly to update their ATH.

Too gambling i guess. Better you find another stable/top coins in the market, there so many amazing coin in top 50 CMC. If SEC can beat Binance in lawsuit then it gonna be nightmare, it not just for BNB holders but it gonna be nightmare for all crypto holders.

Yes. many choices indeed as you call if seen in CMC. I don't think it's as complete as you say. they, Binence users, only take advantage of the moment of decline from the BNB coin. Regarding what you're saying if SEC can beat Binace I think it's out of their context. Does Binance win or lose in this case that is still unfinished.

As CZ believer i think this is the good time for us to buy more BNB, binance is too big to fall. Since the DAY (SEC Sue binance) I bought more bnb than any other coins. This coin already survive in every single bear market and keep developing untill now, so i never doubt about this coin.

regardless of the Binance vs SEC issue I would say "yeah it's not too late to buy BNB". I say this because the current BNB price is still relatively low and most likely the BNB price after this will continue to rise. especially when the crypto market enters a bullish phase, the price of BNB will definitely rise much higher than the current price.

Apparently, the price is quite improving and went well after a drop when the issue started. This will tell us that BNB is something that we can rely on and just like other known and potential coins, it will rise and recovers back. Yes, as we talk about XRP, their issue is been so long but hasn't ended yet and it is still surviving. I couldn't expect this would also happen to BNB but yeah, we can't tell what is their plan and what is the next move taken between both parties. Of course, I would agree, BNB still has the potential and good investment.

I can also add that BSC has a very high deployment rate of all sorts of scam tokens. I don't know, maybe they already managed to overtake Ethereum blockchain in this indicator. For example, Polygon has lower commissions and lower percentage of scam projects. Unfortunately, Polygon does not have such a powerful promotion platform, which BSC has. Also I strongly support the comment about centralization, BSC network is very dependent on regulators and CZ itself.

Yes. CZ is too tied to all things Binance. The survival of the BSC blockchain depends on him. If Binance fails, we will witness BNB going all the way down the drain in an instant. So much for a "decentralized" platform for smart contracts. I believe BSC needs more validators to become decentralized. Only then, BNB will be able to live alongside BTC and ETH for generations.

The crypto market is still bearish, so I'd take the opportunity to buy and "hodl" as much coins as possible to prepare myself for a future "pump". Who knows if all of this SEC nightmare goes away soon? Just my opinion :)

Sec cannot find any valid grounds to stop the operation of binance since in the first place CZ maybe already prepared in this scenario. And Sec action is just an attempt to control those crypto platform.

So I guess they can't stop Binance to operate and this issue will just been forgotten so provably accumulation phase will be next so its better to get prepared on this situation since BNB still have a huge potential to have a huge bullish occurrence.

It is always a good time to buy BNB because it's a solid project and it is a top tier coin that currently sitting in the top 5 on coinmarketcap. I don't see any reasons why you should not buy BNB at times like these, especially with the on going SEC issues and the most important part which we are currently and still in the bear market.

I believe there BNB is a good project, and sometimes I look at the it I what always comes to my mind is that a day is coming that bnb is going to go so high that it will be competing with eth. Imagine the own project is less than 10 years. With a exchange backing it. Even if the price comes down, bnb will always give you back your roi if you can wait patiently for it. The solidity of the project makes it a very reliable coin in the crypto market space. Anytime any day bnb is a good coin to invest in.

It is needed even though if we invest on any other crypto. We should only invest according to how much we can afford to lose in case our investments didn't run really well. So, the issue of Binance still haven't solved yet? But I think Binance and BnB is still doing fine right now although once they lose the case, that must be the time for them to go down and BnB will get affected drastically.

Let's just hope that won't happen because other cryptos can also get affected with it as people's confidence against crypto will get lessened once again. Everything has a risk but there is also a reward if we get lucky and if we work hard so we must not be afraid to face them.

Taking risks is a personal choice, and only those who are comfortable with risk should consider it. Binance has had a recent legal victory as the court has ruled against freezing assets and the platform continues to operate normally. This outcome raises doubts about the likelihood of the SEC winning its case. Even if the SEC were to win, BNB is not a worthless cryptocurrency. There is a possibility that CZ (Changpeng Zhao) will pump it, although a significant price drop may still occur. It is important to acknowledge that the Binance Smart Chain (BSC) has gained considerable popularity, making it unlikely for BNB to be considered a worthless coin, even if it were to face a US ban. Binance will continue to thrive globally, with BNB acting as a fuel for its ecosystem. However, it's crucial to remember that investing in cryptocurrency always carries risks, and you should make your own decision accordingly.

Although I am at a big loss as a result of my investment in BNB, and its price fell by more than 20% after the FUD caused by the SEC, I am sure that BNB will one day become one of the top gainers on CMC after we witness the next bull run, BNB is a strong currency and will remain it is alive and achieving bigger pumps as long as Binance Global and Binance US remain, its current price is reasonable to buy at a terrible discount before it crosses the barrier of 300-400 dollars, as it is a currency that has significant use cases and has a distinguished network and has excellent demand by investors, and there are many projects that are listed on Binance launchpad from time to time and thus makes investors buy BNB in large quantities to participate, which will positively affect the price of the BNB, so I am reassured that I will compensate for my loss with good profits in the future, but we must wait patiently.

If you are holding other coins and do not want to buy them in a hurry, then it would be better to wait for the opinion of the court that what they decided about it, then that will be a better time of buying if the court is not going against it. This is just my thinking, you should do it better as well. it's up to you.

Is the problem with the SEC not over yet? I saw that the last few days the price of crypto has increased drastic and I think this price increase is a sign that Binance vs SEC is over. but I think it's still not too late to buy because the road to bullish is still very long. so buy as much as you can so you don't regret it when bullish arrives.

Indeed, the current conditions are not ideal conditions for BNB,
the lawsuit filed by the SEC is still ongoing and this will obviously affect the price,
but in a way this would be a good time to buy and I'm pretty sure BNB will win this case against the SEC.

Binance are serious with their fight and even my thinking is they will win this case but I don't think it is safe to invest in BNB in this year. I will wait for 2024 and if Binance is well, after Bitcoin halving, I will take profit in bitcoin and buy BNB. It is safer to invest in their token when market has less fud and SEC will be controlled better by USA. Congress in future.

The token has some good backers, their exchanges, their blockchain and Pancakeswap. The fact that they are copy cats from Ethereum blockchain and Uniswap can not make them as a smaller token and smaller native token for one of biggest DEX.

BNB token is benefited by Binance as they use part of income to buy back and burn BNB till the total supply drops to 50% of its initial one.

BNB burn info (https://www.bnbburn.info/)
What is BNB auto burn (https://academy.binance.com/en/articles/what-is-bnb-auto-burn)

While I think this is the most likely outcome, it is also important to prepare for the worst, if binance were to lose then it is likely we will see a dramatic drop on the price of their token and maybe a depeg of their stable coin could actually happen.

And if at the time you are invested in one of their coins or you have funds at this exchange you could suffer massive losses, so it seems the best possible move we can take is to keep watching the situation unfold and only invest in this coin once the result of the lawsuit is out.

This depends if you're willing to take risk, buy while the price is cheap and still declining or wait for a safe entry and that is when Binance win a lawsuit against SEC. Since the chances for the price to finally pump is very likely once they settled this issue.

However, we're not certain what is going to happen in the future. Hence buying BNB at this time as I have said will depends if you're willing to take risk despite of the issues happening that can affect the future price of BNB. Thus, the decision is yours on what you think is the right decision to commit for your own benefit.

that's right, moreover BNB is one of the best altcoin to make an investment, so of course by investing in BNB we will get a big profits in the future, especially now that the crypto market is in a correction or bear run, so this is a good opportunity to buy BNB and hold BNB until the bull run comes, because I'm sure when the bull run occurs, then the price of BNB will definitely increase very high or even make a new ATH price, so we will get a lot of profit from investing in BNB at this time.

Is there even one smart contract platform in the crypto industry right now that is truly decentralized? In my opinion, no. ETH is also centralized. If a platform doesn't have a centralized apparatus, there are always major investors or validators who are subject to certain jurisdictions and certain regulators. From that, platforms can impose some regulation or censorship on the network.

I am not entirely certain and future-proof on anything because of the volatility of many things in this environment, we have also seen the volatility of this news between the SEC and binance. However, honestly binance also has its own good and bad sides, looking at the future story at the long-term or short-term level, the investment also has research to set its own profit goals, I am also very optimistic about the price increase as well as the ability to overcome the current challenges to make them stronger, but I cannot rule out the possibility that it will be suppressed in this environment before the statements from the SEC, I remember some other cases like Ripple that are still unresolved after the story has been around for a long time, also a lot of doubt about its potential but also a lot of positive views.

BNB is a very strong project of crypto because the price almost went to 700 dollars but now that the bear season is going on so the price went down a lot and now it is going up a bit. BNB is a very good quality project so those who want to invest in BNB can do it.  Maybe you can get good profit in future because it is Binance's own project and Binance but one of the biggest exchange of Crypto Currency exchange BNB has a very good future.

I'm very disappointed them because bull run without i don’t see any token will rising. Just one hype can make a good crypto market because of long time gone but we couldn’t seen any bull from crypto. Main point bnb is a good token so you can buy anytime because they have larger investors community even they will long live sure. Inside you can buy some btc because if this year we will received hype then you can happy for profits.

Maybe not now, i think we will see another deep before we are entering next bullrun cycle. And the deep will shock many people and shake the weak hand. I predict maybe it will happen when bitcoin halving happen.

Ethereum Classic (ETC), Ubiq (UBQ), and Expanse (EXP) are all truly-decentralized smart contract platforms. Unfortunately, they're not as popular as they're centralized counterparts. The low market prices for said coins explains everything. It's all about making money these days, instead of focusing on crypto's potential to eliminate the middleman for good. BNB is one of those coins that are centralized. It's too tied to Binance.

While that is a fact, it doesn't hurt using it as an investment tool for long-term gains. BNB could soar to the moon thanks to Binance's recognition in the mainstream world. A lot of projects are being built on the BSC chain these days (the native network of BNB). If you're serious about preserving your money for generations though, I'd suggest you choose a truly-decentralized cryptocurrency such as BTC or any of the other ones previously mentioned. Who knows what surprises we'll find in the future? Just my opinion :)

Have you noticed that everything in the crypto industry that offers decentralization, fast transactions and cheap fees is extremely unpopular. I've always wondered why this is the case and people are increasingly drawn to networks that violate the main principles of cryptocurrency, i.e. they are centralized, they are expensive and they are not the fastest. BNB and ETH are the most prominent examples of such non-ideal networks, but at the same time have such a huge impact on the entire crypto industry.

Honestly i just feel very doubtful with BNB, even after there are many events that are anticipated because they used BNB the coin still just moves a little.
the latest event is arkham and BNB just increasing a little bit and thats it, I just think that maybe many have already considered BNB overvalued and refuse to bag for it.
that could also means that it will be bad for future investment.
If you really are seeking for something that gonna gives you better profits, certainly it seemed like choosing some other coin will be better. but then again if you favour BNB, you should maybe do some analysis beforehand, determining its potential from the perspective of lawsuit and its chart.

BNB is best currency for buy and holding therw has no doubt. Now BNB price is low price i think. If anyone buy bnb and hold he will be must benefited i think. I am already huge profited form bnb. Before covid  when bnb price was $14 i was bought 30 pices bnb and i sold it when it’s price were $350. So i am huge profited form bnb. After my sold bnb price hited $650+. But now bnb price near about $250. And bnb now huge popular currency. I think when bull run session will come bnb price will hit easily $1k there has no doubt. So overall thinking my advice now perfect time to buy BNB.

Yes I think now is the right time to invest in bnb. There is a possibility of bnb touching 1k$ in few years. bnb is very popular coin in altcoins so we can definitely invest in it. It will be very beneficial for us in future. If anyone bnb investment  But I think the current price is the right price to invest in. When the crypto market is good, all coins including bnb will increase in price. So we have to use this time.

The US SEC has given us chance to get rich with Binance BNB again. The price dip as a result of the suite again the against will be a blessing to those who can take the risk. And I believe Binance is winning the case.
Two things will make BNB the best performing coin in the coming Bull market. 1. It will naturally follow the bull trend as one of the major Altcoins owned by a big wig and big determinant of the crypto market. 2. Winning against the SEC will make BNB outperform others if the judgement is given before or during the bull market.

Yes, BNB is indeed one of the potential altcoins so for investment it can be an option,
it might happen but it comes back to how the market moves later,
hopefully at the end of the year the market will be bullish.

It's no secret that decentralized cryptocurrencies are often unpopular. After all, most people want convenience on top of everything else. We can blame governments and Wall Street itself for making the crypto industry centralized. While truly-decentralized cryptocurrencies often have a small market cap and a lower market price, that doesn't mean they'll die in the long run. It's utility what counts.

BNB may not be decentralized, but it has a high chance of reaching a new ATH in the future. That's because it's backed by the world's largest crypto exchange. It wouldn't hurt to buy a few coins just in case it goes all the way to the moon. Who knows who'll be the next lucky "winners" to hit the jackpot? Just my thoughts ;D

We invest in good projects inother to received enormous earnings in returns. BNB is a prominent altcoin in the market, it's very promising to watch the pump history of the project. BNB is a native coin of Binance, CZ is putting everything within his reach to make sure everything works smoothly for the project. Investors already have their sight on the project, definitely an easy way to run a safer investment in the market. All hope is not lost, we keep pushing for prominent projects to invest in, ofcourse there are numerous solid altcoins that's worth our money.

BNB isn't a currency, it's a token used on the Binance blockchain and has other utility on the Binance exchange like been used for payment of fees when trading and used for buying of launchpad tokens that can give you big profits when they get listed. I'm interested in investing in BNB but I won't be investing right now because of the SEC investigation against them.
The SEC has been trying to get Binance exchange and I think they'll get them one day and that'll affect the price of their tokens. Binance exchange has avoided the SEC but I don't think they're totally clean. We have dirty secrets and I think Binance exchange has theirs as well and when the SEC finds them they'll come hard on the exchange and it would drive away investors.
I thought Binance coin would fall as others tokens did fall but it hasn't done so and it makes me think the price of the tokens is been manipulated. My buy target is around $150. I still have my buy orders at the price and hoping it gets filled before the halving of Bitcoin rewards get completed next year.

I understand all this perfectly well. Where there is adoption and popularity of the product, there will be centralization and regulation. All projects that do not obey these rules will exist in the crypto underground and have a very small community and range of use. Projects just like to mislead their users by hiding behind decentralization, although it is nothing more than a marketing move. I'm for projects not to deceive their community and call things by their names, without any pseudo decentralization in the description of their products.

BNB may be having trouble getting somewhere because of the SEC's "fight" against Binance, but I believe not all hope is lost. There's still light at the end of the tunnel, especially when there are many pro-crypto lawmakers in the US. With XRP's partial victory against the SEC, Binance has a signal of hope for its own cryptocurrency (BNB).

I don't think the coin will go below $100, when there are a lot of projects using it. Demand is still high, whenever you like it or not. All BNB needs is a strong bull market to reach a new ATH. I'm certain the coin will reach $1k in the long run. Who knows if it becomes the third-largest cryptocurrency in market cap soon? Just my opinion :)

But since the lawsuit with the SEC has been resolved, I don't believe that there's any major reason to worry at the moment. Although BNB's price has yet to recover to pre-lawsuit levels, it's still not that low to raise any major concerns. On the contrary, it might be a decent opportunity to acquire it now that it's more affordable. I've already bought some, hoping that I don't regret it in the future; however, it's very unlikely for BNB to crash, especially after a resolution is found, because that would cause a chain reaction to other altcoins and ultimately to Bitcoin, due to the excessive trading volume Binance has.

It was always a wise to buy BNB, as it is one of the top altcoin. As Binance now has issues with SEC, if the things goes as XRP and SEC case, and Binance wins, it can easily gain 50% in price. And with an altcoin with such a huge market cap, that is a lot. Second having BNB and holding it on Binance exchange often give small bonuses, as crypto from participating in launchpads and launchpools.

Well, it's not the wise decision just because it's one of the to altcoins. DOGE and XRP are too, but they're not worth buying. Also, I don't think accumulating a coin that is heavily connected to the exchange is a good idea. FTX story should've reached us something.

It is not just one of the altcoins, that is top5 altcoin among thousands others. That is a unique achievement, even though top can be always changed. If Binance follow FTX story, imo you wont be needing crypto for a long time, as if Binance crashes, it wont only cause BNB price to drop low, it will also force whole crypto market to drop in price heavily; it will drop back whole crypto to 2017 prices.

In that case, everything will fall, yes, but BNB will be dead. FTX was one of the top exchanges and what happened? Don't be so sure that even the biggest one can't repeat a similar story. And if that happens I will be packing my wallet with cheap Bitcoin.

If you look at the previous top coins from 2014 for example, you will realise that nothing lasts forever in the cryptocurrency world. Even if Binance is now the largest exchange, it doesn't mean that they can't have problems, for example with USDT or BUSD, which is a surrogate of the dollar. I wouldn't be so sure about the safety of BNB.

BNB is still a bargain. Prices are relatively stagnant, making it a great opportunity to buy and hold for the future. Once the US government embraces crypto with open arms, market prices will be a lot higher than what they are right now. Congress already introduced a new crypto regulatory framework, so it should only be a matter of time before the SEC softens its stance against the industry.

One thing for sure is that BNB with a huge advantage over its competitors. After all, Binance is the world's largest crypto exchange. Let's hope all goes well in the long run for BNB holders. Just my thoughts ;D

I also have high hopes for BNB, and to be honest, I don't see why not. Binance is currently the largest exchange, which plays a huge role in its livelihood and its distant future. While the existence of the Binance Smart Chain is vital for Decentralized finance platforms, this combination is the best of both worlds.

On the one hand, I'm surprised that BNB hasn't recovered after the resolution of the SEC lawsuit yet and has stayed pretty stagnant. On the other hand, this might be a great opportunity to acquire more, because before the lawsuit, it was worth over $320, and now it's barely at $250.

BNB is a good altcoin own by Binance exchange but since there battle with the SEC, the value of there doing had been losing value and a lots of investors had been in panic because no one want to hold a coin that will later lose value due to fud or government sanction. It is true that the exchange had been facing big challenges and that do not mean that the price if BNB is not going to be bullish when the crypto bull come. I believe that with time, the price of BNB with shoot up and continue going high not withstanding the current challenges the exchange is passing through.

Well, BNB is still a valuable coin despite the current situation that Binance had faced. Yes, we believe that the case will soon to solve but I'd never think it could be easy for it to recover 50%. I don't think about having that much but seeing it winning and showing inclines even if it was just only 10% was an indication that many people still have their faith and are willing to wait despite the case issue. I think Binance had also asking trust from us and keep supporting BNB but can't force everyone to do it.

BNB is surely one of the altcoins but it is a top altcoin. For me, BNB isn't comparable with Doge, BNB has a strong fundamental to invest in. Although it has a problem with SEC, it doesn't take away of the fact that BNB is a native coin of the best exchange in the world. And it has a crucial role for Binance exchange. With the important role of BNB, no doubt that it deserves to be the good option for investment. Anyway, if you compare it with XRP, you must get a positive thing. You can see XRP increasing its price constantly after Ripple won against SEC. This also probably happens to BNB, it can raise constantly again when Binance can solve their problem with SEC.

FTX story is unlikely to happen with Binance. I'm sure Binance isn't the same situation as FTX previously. What SEC accused to Binance, is something difficult to prove. IMO, SEC won't have a chance to convince the judge at the court.

The cryptocurrency market has been going down in the price as a result of Bear market, before the update of US government came into Binance Exchange that brings panic in the market, which is a good buying position as well to invest in BNB Coin, while waiting for the market recovery.