Is BNB the new ETH killer

[olumyd]

Binance coin has been making tremendous progress in spite of the bear market. In fact, the whole Binance platform has somewhat been progressive in the past year and counting and is seemingly doing way better than most altcoins.

I just gotta ask, is there a future for Binance at the top 3 coins by market cap Or is this just a ruse? 


Edit: While the topic may confuse some, I'm not talking about on a product level, I'm more concerned about the price actions. Like it or not, most cryptocurrencies lack utility, to say the least; still, their price actions have been impressive, and for now, the easiest way to know the healthy states of cryptocurrencies in comparison with one another is through market capitalization (whether or not wash trades are involved), else we won't be talking about 'moons', 'bulls' and 'bears'.

[ATSgrowth]

I would be recommend to wait what price will do in next few days. Because for BNB  doesn´t know what bear market is. Buying after big pump is not the smart thing what you can do. Rather wait.

[Fivestar4everMVP]

I would be recommend to wait what price will do in next few days. Because for BNB  doesn´t know what bear market is. Buying after big pump is not the smart thing what you can do. Rather wait.

yeah, I agree with you, buying during/after a pump is one of the dumbest thing to do in crypto, I've been looking at BNB too and to be sincere, I kinda regret not buying some when the price is still very much lower, right now, I can't do anything but watch it rise everyday

[mrdeposit]

In my opinion the name of thread is not appropriate with theme. When I read it, I understood a different meaning.
Anyway, if Binance continues like that, BNB will have a good price. But I can hesitate about replacing ETH.

[livingfree]

Binance at top 3? why not? it can somehow replace XRP if people will start seeing it's full potential. This rank/rating thing in the market is somehow a pride for the developers of it and when it happens, that's one big achievement for them.

It's not an ETH killer but it's a progressive coin. The price of BNB has been moving so quick and that's how it goes, one of the quickest coin in terms of recovery and it's almost near to the all time high price that it has reached before.

[Febo]

Binance coin has been making tremendous progress in spite of the bear market. In fact, the whole Binance platform has somewhat been progressive in the past year and counting and is seeming doing way better than most altcoins.

I just gotta ask, is there a future for Binance at the top 3 coins by market cap Or is this just a ruse? 

Since BNB is some token that you can pay fees on exchange with and ETH is a coin that you spend when you want to issue a token with I do not believe one can endanger others existence.    BNB is totally useless.  ETH will be useful until ICOs will be an allowed way of crowdfunding founds.

[BTCGOLD]

Binance coin has been making tremendous progress in spite of the bear market. In fact, the whole Binance platform has somewhat been progressive in the past year and counting and is seeming doing way better than most altcoins.

I just gotta ask, is there a future for Binance at the top 3 coins by market cap Or is this just a ruse? 

It is true that the Binance coin has done a lot when it comes to marketing. Bear market also make the Ethereum price to drop by over 90%, which allowed BNB to move closer to ETH. However, the potential that ETH has for a long time will not be threatened by other altcoins.

[kodtycoon]

well it makes sense but its impossible that binance entered the top 3 marketcap, killing ethereum! I think its impossible that ethereum has been widespread in its popularity in various exchanges and the level of stability should also be taken into account price progress was also good above 0.03 bitcoin / ethereum so I thought that would not be possible

[tippytoes]

Binance at top 3? why not? it can somehow replace XRP if people will start seeing it's full potential. This rank/rating thing in the market is somehow a pride for the developers of it and when it happens, that's one big achievement for them.

It's not an ETH killer but it's a progressive coin. The price of BNB has been moving so quick and that's how it goes, one of the quickest coin in terms of recovery and it's almost near to the all time high price that it has reached before.

I do agree that the price of BNB is increasing but yes, it's not an eth killer as BNB is just another eth token to start with.    Also, aside from the main usage of BNB in trading, what are other applications for this coin?

[MakeMoneyBtc]

I've been following BNB since it was launched and I am honestly surprised how much progress it has made in a this time. Even though the market of bitcoin and altcoin is not doing great in the last months, BNB somehow keeps growing and soon it should reach top 5 and them go for the top 3.

[WalkerIVIV]

Binance coin has been making tremendous progress in spite of the bear market. In fact, the whole Binance platform has somewhat been progressive in the past year and counting and is seeming doing way better than most altcoins.

I just gotta ask, is there a future for Binance at the top 3 coins by market cap Or is this just a ruse? 

You should stop say a non-sense thing like that, binance is not an ethereum killer but it was always using ethereum to support its IEO. Why you must always try to create a comparison with ethereum rather than another crap coin like XRP or even lower than it?

[basty03]

Binance coin has been making tremendous progress in spite of the bear market. In fact, the whole Binance platform has somewhat been progressive in the past year and counting and is seeming doing way better than most altcoins.

I just gotta ask, is there a future for Binance at the top 3 coins by market cap Or is this just a ruse? 

Well it's not surprising that Binance is kicking even the situation of the market is bearish they want to show to us that they really serious to make Binance in the top in crypto and make their platform most popular. And it's good that there's a Binance that we can trust if we want to trade. And sooner or later they can make in the top.

[Rickeo]

Come on man BNB and ETH are not even closely alike, they are two totally separate projects and platforms and do very different things.

BNB will be successful in it's own right, Binance is easily one of the best exchanges and if it carried on making waves will continue to be the biggest and best exchange around, that will lead to the success of BNB coin.

ETH though is a whole different ball game, the Ethereum blockchain is behind the success of many others coins and has so many other uses.

It's like night and day comparing them, two totally different and separate things in their own right.

If I had to choose one over the other though it would be Ethereum hands down, it just has so many additional use cases.

[patz22]

It may but not too soon. ETH still a reputable coin and I think it will take time for BNB to take over. I agree with the current situation, CZ and his team are keep on improving the platform and I would say once they have their own platform chances are it will go to 3rd place but then again it will take time for #2.

[xiahui135]

It is possible. Blockchain is about money, if BNB becomes the new money for ICO, and used in other scenarios. BNB will replace most other crypto currencies.
Winner takes all.

[needtor22]

I think that not only does the Binance exchange provide an opportunity for the altcoin price to increase, I think a lot of exchanges now also have the price of coin coins starting again green.

[vit05]

Is bananas the new carrots killer?

Eth intend to be a decentralized computer where people will be able to do several things. BNB is a coin that was designed to fund an exchange and is used as fuel to trade with discount on Binance

[Zooplus]

It's too early for this.
Binance hasn't prove what ETH proved already, we will see, but if we make judgment now,
it's like we are expecting a higher price when BTC reach its ATH during the bull run, the result is a possible dump or correction.

[olumyd]

It is possible. Blockchain is about money, if BNB becomes the new money for ICO, and used in other scenarios. BNB will replace most other crypto currencies.

In a way I find myself agreeing to this, we rave on and on about blockchain utility and how we envisage Bitcoin to be the sole alternative to fiat. Still, Eth has Utility and has struggled with its price dynamics for a while now, apart from it dancing to Bitcoin's market, it's recent 2.0 upgrade made little impact on the price. Even Vitalik now recognizes the place of price for the development of the ecosystem.

It's too early for this. Binance hasn't prove what ETH proved already...

Have you read the Binance whitepaper? That should be your measure of performance. When a project states an objective and provides a timeline, you watch that and consider how the platform develops over time alongside its achievements. Besides, price-wise, BNB has more potential to reach heights that ETH may never reach.

[pageraji]

I dont think so but binance with bnb and launching platform make selected ICO to build ecosystem in bnb and build market for those ICO, if binance launch pad make thousand or hundred succesfull ICO then can be eth killer