I an old TRX in my MEW and it did not reflect the value in the balance, I'm just lucky to carefully look at each tokens I have and see the TRX balance, I then check my Binance wallet and there I see there's a TRX erc20 deposit option so I did a try and I'm happy it was really converted.
So I just want to share it here, not only for TRX but other erc20 token that has already have their main net now, carefully check your wallet, who know there's a treasure just sitting there, it's time to convert as the market is in bull run.
Indeed, Binance has recently been able to reach a new level and provide a number of great opportunities for the crypto community. Replacing the ERC-20 token is an excellent solution, especially now when the fees on the Etherem network are very high. I am also increasingly starting to use BNB in my trading and transferring crypto and this is really great. |
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You don't have to be earning $1m before you be rich you can have that amount and if you don't have a good investment platform it's very possible that you'll return to the broke stage you left. The importance of investment is so clear that I get shell shock when I found out many people don't even have an idea about that talk more carrying out. For instance covid-19 took everybody unaware many lost their job, financially people and organization was affected, but let me tell those who had a good investment platform will not be affected that much, many think you need a huge amount of money before they could consider doing investment.
You can stay with a little but if you can discipline yourself couple with you having a good investment platform that implies you're already planning for Future.
The role of investment can't be over-emphasize, we all should cultivate that habit and most importantly we should read to k or consult an expert so you can be assured you're doing a nice investment.
Yes, you are right that those who invested were able not only to retain their funds, but also to increase them. However, this is only if you have invested in Bitcoin or other cryptocurrencies. During the pandemic, many industries lost customers and, for example, investing in real estate was not a very good choice, the stock market was also storming and continues to storm, but for example, Bitcoin and some top altcoins showed excellent growth. However, you must understand that there is no constant growth and after each growth there is a decline. Keep this in mind and choose a place to invest very carefully. |
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This is certainly great news for Bitcoin and the entire crypto community. However, I believe that these are only the first steps towards the mass adoption of Bitcoin in the world and it is necessary to build momentum. In any case, the fact that there are companies already selling their goods and services for Bitcoin is a great sign and I hope this trend will continue. |
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BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.
What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
Now I am also starting to believe that BNB can catch up with ETH and may actually be able to move it. But this is provided that ETH cannot solve the problems in its network associated primarily with the speed and cost of transactions. But why did this happen? I once watched Vitalik Buterin's speech when he presented Ethereum and its capabilities, and even then the Chinese were very much interested in his proposal. This is probably what triggered the emergence of Binance and its active growth. Perhaps Buterin's team could not solve this problem, but the Chinese, represented by Binance, could. As a result, we see such a situation. Of course, these are just my guesses and maybe everything happens differently. |
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While BNB appeals to the wider crypto users because the binance smartchain currently seem to have overcome the biggest issue that most cryptocurrency users have with bitcoin ethereum and the ERC 20 blockchain tokens. This problem is the speed of transaction and and the cost of transactions.
This is a problem that BSC currently solves, and while a lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized a coin or token is, they just want the solutions they it offers.
This is why i think BNB an the BSC will remain very valuable in years to come
You're right! BNB was able to overcome the problems of BTC and ETH and at the moment this is the most important thing, as it allows the crypto community to quickly transfer cryptocurrency with minimal transaction prices. Probably the concept of decentralization at some point was exaggerated and not, as we can see, could not find a solution related to the cost of transactions and their speed, and now this is not so important, because the same BNB has already solved these problems and is already attracting a lot of attention. |
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Today I am telling about BNB which I traded almost 1 month. After one month of experience and trading, I have earned almost $1000+. But one thing I realised, the long timers are enjoying the real beauty. In that period, I had bought BNB many times, sold also for making profit and I able to make it. But if I hold my funds from one month, I can easily make my funds 2x,3x or more.
That is which I found from my trading experience about BNB. Obviously I must say that it is a real money printer.
Of course, you can make money on BNB simply by keeping this coin in your wallet. If we study the history of the development of BNB, we see that the price has shown a huge increase over several years, which means that if you bought BNB earlier and sold it now, you could make big money simply by keeping the BNB coin in your wallet. You can also trade BNB, making money on it. As a result, it turns out that we can use two types of earnings on BNB. I also currently hold a portion of BNB and am very happy to have an excellent opportunity to make money with this cryptocurrency. |
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It is said that Bitcoin is the precursor of the "One World Currency" that will be used in a "One World Government". In the past, it has been predicted that a "One World Currency" would come into fruition as the current monetary system collapses in its entirety. It is today where we have Bitcoin, a Peer-to-Peer digital cash system that's decentralized, used globally by many people worldwide. Essentially, Bitcoin is a "One World Currency" although not backed by any government or trusted entity of any kind. What do you think? Is Bitcoin the "One World Currency"? Or will another currency take its place in the future? If that happens, which currency do you think will become the "One World Currency"? Will it be the US Dollar, the Euro, or the Chinese Yuan? Do you think governments will unanimously agree to use a single currency for everything? Your input will be greatly appreciated. Thanks  I believe that at the moment we are on the path of global changes and in this case we are witnessing the collapse of the world dollar system. This also applies to the collapse of the world government. As a result, we are returning to the moment when each country will be on its own, and in parallel to this, new global systems are being created that are different from the existing ones. Bitcoin's place in this case is very dubious. The fact is that although BTC is actively growing in price and it seems like the crypto community is growing and money is being invested in BTC, this is not enough to become a world currency. As you understand, the world currency should solve the problems of the previous one, that is, the dollar, however, BTC hardly has only one advantage, because BTC also has disadvantages and this is probably what confuses most countries of the world to start using BTC as a world currency. At the same time, the BTC price is very volatile, and the main thing for the world currency is stability. |
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If banks and governments create their own cryptocurrency, will the people still be the ones to give value to it like Bitcoin and will we be able to store it in our own ledger to protect our own money?
You need to understand that just like that, any person cannot create money, as this will lead to a house. Only the state has a monopoly on the creation and control of money, and this is not for nothing. If states will have their own cryptocurrency, and this is probably where everything is going, then I do not think that the policy in this direction will change. Moreover, I believe that if there is a government cryptocurrency, it will be a stable cryptocurrency, since stability in price is needed. As for the management of such a cryptocurrency, its management will also remain with the state, and this is probably correct, because this will avoid fraud and manipulation by third parties. |
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Hey,
Just wondering what people think about the current price of Ethereum and Bitcoin? I wanted to buy some more of each but obviously the price is quite high - record highs in fact! Are we expecting for another dip i.e a better time to invest or will it keep rising?
I know this is a question of speculation but if anyone has views/opinions/research I would love to hear your thoughts.
Many thanks
You are right, now the prices for Ethereum and Bitcoin are at record highs and it already seems that this is the limit, but this is probably not the case and prices will continue to rise. But we know that the price cannot go up all the time and the price is corrected periodically. A correction is not always a fall, because when the price falls, the price goes down many positions. Now we also see growth and also small corrections, which make it possible to reset the overheating in the market and send the price higher again. I believe that such a model can persist until the end of 2021, and after that we will see a global correction of the crypto market. |
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
Based on the active development of Binance, BNB coin could easily be worth $ 1000 by the end of this year. All of this is due to the large influx of investors and crypto companies that either simply join or migrate from the Ethereum network. As you can see, the problems of the Ethereum network had a positive impact on the development of the Binance Smart Chain network, which in turn had a positive effect on the price of BNB. |
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