BNB Burn is coming

[paxmao]

Old news do not make headlines. The price of BNB is already discounted beyond any reasonable surprise I am afraid. I would rather have a short position on it, if that were possible at all, because, as it usually happens in crypto, everything good that could possibly happen seems to have been already priced in by the market. I would not be surprised if Binance were actually manipulating the price and that becomes known one year from now.

[FairUser]

For all those who believe that altcoin rally is just getting started I think there is still time to accumulate BNB, another big burn is coming this month, probably few days away now and imagine what the price will be for a coin that's well adopted thanks BSC.

This is not a financial advice.

I am really feeling the signs of a strong altcoin surge, and look at the recent days when altcoins have kept getting pumped up a lot and some coins have grown a lot. For BNB, there are not too many surprises, because it is an inevitable event if the market continues to follow the current trend. I think BNB will end up with a new ATH around $1000.

[bittick]

The price is still going up but I think it is risky to make an entry at the moment since the burning will occur soon. I had bought during the dip even though it is near its recent ATH since BNB is the apple of the eye this season. Aside from it's use case BNB aims to solve the high price of ETH transactions which makes it one of the best platforms today and one of the best long-term investments one can make. I will not be shocked seeing BNB surpassing Ethereum in the near future.

Possibilities will always be there,because we all know that their are many potential coins in crypo.  As what we see now the price is changing which means that high price will coming soon. This will be the most awaited day to those people who followed BNB and holding it for a long time.

Possibilities always there but BNB market need the money or capital to pump the market and it's not coming out of thin air. I think BNB pump will be unsustainable within short term but if it's long term I'm sure the price could go up very high as there's the burning and the capital coming from the IEO held by binance that usually force peolpe who wants to follow to use BNB instead and I do agree with some people that BNB could have higher price than ETH since the burning definitely gonna reduce the total supply of the coin.
But at the meantime despite the coin burn, I'd be very aware of price dump.

[mamesso]

Possibilities always there but BNB market need the money or capital to pump the market and it's not coming out of thin air. I think BNB pump will be unsustainable within short term but if it's long term I'm sure the price could go up very high as there's the burning and the capital coming from the IEO held by binance that usually force peolpe who wants to follow to use BNB instead and I do agree with some people that BNB could have higher price than ETH since the burning definitely gonna reduce the total supply of the coin.
But at the meantime despite the coin burn, I'd be very aware of price dump.

There is no doubt at all on the potential of BNB. The BNB team is very excited to prove that they are very serious in developing this project. I am very impressed with the BNB FOMO which has the opportunity to increase the price of BNB to the highest level in BNB history. Moreover, people started switching from ETH to BSC because ETH fee was very high, so there is no doubt that BNB is increasingly favored by traders and investors so that the BNB price is increasing and will continue to increase.

[YOSHIE]

I think there is still time to accumulate BNB,

I think the opposite, it's really bad if we collect BNB when the price is already hitting $ 544.

And if you say Altcoins only rally in the months---ahead---in my understanding, it can point to another Altcoin, not BNB, a lot to consider for that, maybe.
Bnb is not the right thing for now.

[timmokazan]

BNB burn 720 , 1000 and etc. I do it is bull run 2021-2023 years and stay dollars in crypto. Now is a good time to buy BNB, BTC, LTC and altcoins 1000+ for holding and sell 2023 years

[bitgolden]

It's too late to accumulate more and more BNB. FYI the burn already announced since a long time ago. When people are buying BNB right now and it's just a disaster consider BNB can get a correction after the burning even.

Some people have been talking about the possibility for the BNB holders to receive the BUSD airdrop soon. BNB will act like a stock.
I think BNB is overbought right now.

I do not think so. Most probably BNB is marching toward $1000 levels right now. So, if you do not bother about BTC values of BNB then this must be still a right time to accumulate with the targets of doubling the current prices. BTC is also moving up today which means even BNB is holding on its current price levels will get you profits in terms of USD values.

I do not think a burn event will lead to corrections as per basic supply-demand principles. So, if they plan up any burning in near future that will boost prices again. In my personal speculation, BNB is moving toward the levels of what ETH is doing right now; this is just a guesswork based on what I do see the hype level in crypto people; I have been right and wrong time to time .

[X-ray]

BNB burn 720 , 1000 and etc. I do it is bull run 2021-2023 years and stay dollars in crypto. Now is a good time to buy BNB, BTC, LTC and altcoins 1000+ for holding and sell 2023 years

Binance will be going regular burn as stated by CZ if binance will be stopping the regular burn when it reaches a specific supply.
I don't know how much it is but it has ever stated by CZ in the past.

Crypto has become the hottest investment place and so many new comers were joining in the cryptocurrency as well.
Im thinking binance can surpass 1k in the next months. Binance has fixed supply while ethereum has unlimited supply. We can take a short conclusion from there.
BNB has a very big room to growth.

[nebuch]

I'm pretty much sure that BNB price will increase even more in the coming days. But the market is not always in increase so possible there will have a correction after BNB went to moon. Massive demand is expected every time there's a burning of BNB. They know the basic result is no other than just to increase after burning. Because BSC is the hottest block chain now. Popularity plus potential plus less supply is equal to moon.

[repear7]

Price of bnb increased a lot. Now price is around $580. I think the main reason of bnb pumping is ieo. And i don't think this is abnormal. As a most popular exchange coin, It’s normal.

[Pamadar]

I'm pretty much sure that BNB price will increase even more in the coming days. But the market is not always in increase so possible there will have a correction after BNB went to moon. Massive demand is expected every time there's a burning of BNB. They know the basic result is no other than just to increase after burning. Because BSC is the hottest block chain now. Popularity plus potential plus less supply is equal to moon.

There's no doubt that it will proceed and reached more high incoming days or months.

As this project really gaining more interest coming from both sides, developers are building new project using this chain while old projects are switching to this system, then here comes the traders and investors who are much willing to ride and take the chance of profiting from this market trends.

[Dannaey]

BNB isn't overbought, I will screenshot your claim on BNB @makishart because I'm sure that BNB will go over 700$ soon, out for that fact that BSC solves gas issue that's supposed to be on Ethereum, let's wait and see what happens

I agree with you. BNB will go over $700 and maybe higher. BNB is not increasing because of the burning of tokens, I support your claim that BNB is increasing because of BSC that will solve the problem of higher transfer fee of the Ethereum blockchain. Will just hold BNB and wait until it increase and go over the price of Etheareum. It's for long term holding.