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Author Topic: Binance: $BNB The Future of Exchanges.  (Read 131399 times)
angrynerd88
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December 16, 2020, 02:26:56 PM
 #3601

I am sure; I do accept that Binance would be one of the beat trades within the future. As distant as I know their back is exceptionally great they made a difference me to fast withdrawal and own block chain BNB smart chain which charge lowest fee. Most popular local languages also added a great advantage of users. If the exchange grows at that point the esteem of BNB would moreover increase I think that BNB is very safe, because it is straightforwardly tied to Binance success. Personally, I think that Binance has been the leading trade existing so distant, because it is instinctive, reactive, and exceptionally great looking both on computers and versatile gadgets.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 16, 2020, 08:07:54 PM
 #3602

Binnace is indeed one of the candidates for the future exchange,
but considering DEX has been quite popular recently, I conclude that Binance is not yet going to be the future exchange,
but there is a chance they can, because Binance has Binance DEX.
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December 16, 2020, 08:29:58 PM
 #3603

Binnace is indeed one of the candidates for the future exchange,
but considering DEX has been quite popular recently, I conclude that Binance is not yet going to be the future exchange,
but there is a chance they can, because Binance has Binance DEX.

In my opinion, a Centralized Exchange couldn't be a future exchange. Future belongs to Decentralized Exchanges.
Binance DEX is not really Decenterlized and still controlled by Binance, but Stakenet DEX will be run by +2700 Masternode that makes it completely Decenterlized that no one can control it or shut it down.
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December 21, 2020, 10:58:58 AM
 #3604

Binnace is indeed one of the candidates for the future exchange,
but considering DEX has been quite popular recently, I conclude that Binance is not yet going to be the future exchange,
but there is a chance they can, because Binance has Binance DEX.

In my opinion, a Centralized Exchange couldn't be a future exchange. Future belongs to Decentralized Exchanges.
Binance DEX is not really Decenterlized and still controlled by Binance, but Stakenet DEX will be run by +2700 Masternode that makes it completely Decenterlized that no one can control it or shut it down.

I wish the future of exchange is DEX, unfortunately it looks like we are not heading to that direction as the more crypto is getting popular, the more they put a strict regulation on it, and regulators will make exchanges regulated so dex would not succeed.

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December 22, 2020, 08:13:32 AM
 #3605

Binance is thinking of burning more if its token BNB and reduce the overall supply.  So far they have done 13 burns.
In the last burn Oct. they burned 2,253,888 BNB worth $68m.  More info here- https://dailyhodl.com/2020/12/20/binance-may-soon-torch-supply-of-crypto-asset-bnb-in-accelerated-burn/ 


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leea-1334
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December 22, 2020, 01:58:06 PM
 #3606

Binance is thinking of burning more if its token BNB and reduce the overall supply.  So far they have done 13 burns.
In the last burn Oct. they burned 2,253,888 BNB worth $68m.  More info here- https://dailyhodl.com/2020/12/20/binance-may-soon-torch-supply-of-crypto-asset-bnb-in-accelerated-burn/ 

This is the problem with any centralized token IMO,,, you can keep burning them but it is like just reducing supply that can expand at any time. The perfect demonstration of supermarket loyalty points. Burning them does not make them more valuable, it just gives the illusion to crypto holders than they have more of a scarce supply (which is not at all scarce!).

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bitterguy28
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December 22, 2020, 02:28:22 PM
 #3607

$BNB the ONLY coin where you can invest in the exchange. This will be a top coin for chinese/international traders. Eventually it will only be 100M supply.
Your prediction deserves it well because 3 years after this post?look how huge and Big binance exchange Now.

and yeah the only exchange i am using now aside from our local exchange that Supports our local wallets.

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December 22, 2020, 09:53:35 PM
 #3608

Binance is thinking of burning more if its token BNB and reduce the overall supply.  So far they have done 13 burns.
In the last burn Oct. they burned 2,253,888 BNB worth $68m.  More info here- https://dailyhodl.com/2020/12/20/binance-may-soon-torch-supply-of-crypto-asset-bnb-in-accelerated-burn/ 

This is the problem with any centralized token IMO,,, you can keep burning them but it is like just reducing supply that can expand at any time. The perfect demonstration of supermarket loyalty points. Burning them does not make them more valuable, it just gives the illusion to crypto holders than they have more of a scarce supply (which is not at all scarce!).
In theory, things buring tokens were one way to make coin's is more valuable, with the demand and supply formula it's must work.
So far priode-priode BNB burned, BNB has increase value (don't know it's controled or not). BNB has good usability like voting even expanding to new things.

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December 22, 2020, 11:28:48 PM
 #3609

Binance is thinking of burning more if its token BNB and reduce the overall supply.  So far they have done 13 burns.
In the last burn Oct. they burned 2,253,888 BNB worth $68m.  More info here- https://dailyhodl.com/2020/12/20/binance-may-soon-torch-supply-of-crypto-asset-bnb-in-accelerated-burn/ 

This is the problem with any centralized token IMO,,, you can keep burning them but it is like just reducing supply that can expand at any time. The perfect demonstration of supermarket loyalty points. Burning them does not make them more valuable, it just gives the illusion to crypto holders than they have more of a scarce supply (which is not at all scarce!).
In theory, things buring tokens were one way to make coin's is more valuable, with the demand and supply formula it's must work.
So far priode-priode BNB burned, BNB has increase value (don't know it's controled or not). BNB has good usability like voting even expanding to new things.

but burning token must followed by extraordinary work especially product developtment and adoption in ecosystem. burning token not enough if token of coin could not used in any ecosystem , it will not have a good value in market and investors recognized it as useless token.
Awalt541
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December 23, 2020, 06:36:04 PM
 #3610

Binance is thinking of burning more if its token BNB and reduce the overall supply.  So far they have done 13 burns.
In the last burn Oct. they burned 2,253,888 BNB worth $68m.  More info here- https://dailyhodl.com/2020/12/20/binance-may-soon-torch-supply-of-crypto-asset-bnb-in-accelerated-burn/ 

This is the problem with any centralized token IMO,,, you can keep burning them but it is like just reducing supply that can expand at any time. The perfect demonstration of supermarket loyalty points. Burning them does not make them more valuable, it just gives the illusion to crypto holders than they have more of a scarce supply (which is not at all scarce!).
In theory, things buring tokens were one way to make coin's is more valuable, with the demand and supply formula it's must work.
So far priode-priode BNB burned, BNB has increase value (don't know it's controled or not). BNB has good usability like voting even expanding to new things.

but burning token must followed by extraordinary work especially product developtment and adoption in ecosystem. burning token not enough if token of coin could not used in any ecosystem , it will not have a good value in market and investors recognized it as useless token.
Any ecosystem? Binance most largest exchang cryptocurrency. BNB went smooth so far as utility in their system and value keep stand. Anything is talking about time to expand or make new things for built new ecosystem. useless token? I'm not sure about that.

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December 24, 2020, 03:23:07 PM
 #3611

Binance is thinking of burning more if its token BNB and reduce the overall supply.  So far they have done 13 burns.
In the last burn Oct. they burned 2,253,888 BNB worth $68m.  More info here- https://dailyhodl.com/2020/12/20/binance-may-soon-torch-supply-of-crypto-asset-bnb-in-accelerated-burn/ 

This is the problem with any centralized token IMO,,, you can keep burning them but it is like just reducing supply that can expand at any time. The perfect demonstration of supermarket loyalty points. Burning them does not make them more valuable, it just gives the illusion to crypto holders than they have more of a scarce supply (which is not at all scarce!).
In theory, things buring tokens were one way to make coin's is more valuable, with the demand and supply formula it's must work.
So far priode-priode BNB burned, BNB has increase value (don't know it's controled or not). BNB has good usability like voting even expanding to new things.


BNB always continues to make the latest breakthroughs that make users really spoiled, this is certainly something that cannot be removed from their alternative marketing methods, which can make the wearer not think about moving to another place. it's really great how the bnb works makes this way, not yet seen from the others, only from one action we can be sure that bnb is indeed the best and maybe hard to beat by the others.

one of the uses of the exchanger is to feel comfortable and safe and there are many conveniences that can be used and there is no need to move places to make other transactions, this has made BNB very comfortable for the wearer to feel like a king. Of course we will see other innovations from BNB and we miss it, so that BNB can be the best.

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January 12, 2021, 10:28:20 AM
 #3612

Binance and Israeli blockchain company Orbs just announced their launch of a new DeFi ecosystem accelerator 
https://defi.org/

https://www.nasdaq.com/articles/binance-blockchain-firm-orbs-to-sponsor-new-accelerator-for-defi-innovation-2021-01-11

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January 13, 2021, 12:26:29 PM
 #3613

Animoca Brands and Binance Smart Chain announce strategic partnership:
https://www.animocabrands.com/partners-with-binance-smart-chain

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January 13, 2021, 04:03:47 PM
 #3614

Concurred. I truly just like the master interface. This may be a extraordinary token, on a awesome exchange. Looking forward to those stuff, Also BNB is utilized to pay expenses on trade with discount. To make the long story brief the cost of BNB will reflect the quality and significance of Binance trade. Truly, the more trades out there, the superior for everybody. Spread the volume around, and grant way better alternatives and let dealers spread their bankrolls to cryptoworld.

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edandrada
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January 13, 2021, 08:34:51 PM
 #3615

until after next coin burn, bnb will see easily 50 dollar.
nowadays it is best alternate for investment. cz and his team really know market conditions.

pangu
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January 14, 2021, 11:53:58 PM
 #3616

Animoca Brands and Binance chain together for strategic crypto partnership:
https://smallcaps.com.au/animoca-brands-binance-chain-strategic-crypto-partnership/

CoinMetro - Way Beyond the Best Crypto Exchange | 24/7 Live Support
coin_1122
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January 15, 2021, 07:17:30 AM
 #3617

Binance is thinking of burning more if its token BNB and reduce the overall supply.  So far they have done 13 burns.
In the last burn Oct. they burned 2,253,888 BNB worth $68m.  More info here- https://dailyhodl.com/2020/12/20/binance-may-soon-torch-supply-of-crypto-asset-bnb-in-accelerated-burn/ 

This is the problem with any centralized token IMO,,, you can keep burning them but it is like just reducing supply that can expand at any time. The perfect demonstration of supermarket loyalty points. Burning them does not make them more valuable, it just gives the illusion to crypto holders than they have more of a scarce supply (which is not at all scarce!).
In theory, things buring tokens were one way to make coin's is more valuable, with the demand and supply formula it's must work.
So far priode-priode BNB burned, BNB has increase value (don't know it's controled or not). BNB has good usability like voting even expanding to new things.

but burning token must followed by extraordinary work especially product developtment and adoption in ecosystem. burning token not enough if token of coin could not used in any ecosystem , it will not have a good value in market and investors recognized it as useless token.

Exactly, now everyone is matured because based on the development activity they are investing in cryptocurrency and that's how BNB is building. Not only exchange based coin but also they are actively developing and adding a lot of products to the exchange, this will definitely the BNB coin increase its price easily.
slaman29
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January 15, 2021, 02:07:26 PM
 #3618

Exactly, now everyone is matured because based on the development activity they are investing in cryptocurrency and that's how BNB is building. Not only exchange based coin but also they are actively developing and adding a lot of products to the exchange, this will definitely the BNB coin increase its price easily.

Developing what technology exactly? Making new products is just marketing not technological development. BNB was never a new tech, it just sat on an existing tech. And is still a supermarket loyalty points system in the end (Binance is the supermarket).

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Miaallen
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January 15, 2021, 03:05:30 PM
 #3619

The early adopters of BNB have made a whole of their investments in multiple folds and the proposition of further burning of the coin, it will help in more. The king of all is the recently adopted Binance Smart Contract project in which BNB will be used us gas for all transactions. I believe the competitor against ethereum blockchain has arrived.
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January 15, 2021, 03:20:42 PM
 #3620

-+- add BTIcoin -+- :-D BTCLooooooooooom =====>

https://freiexchange.com/market/BTI/BTC


©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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