Is BNB the new ETH killer

[Distinctin]

BNB is a very good coin and they become an asset for the crypto industry but BNB is not a competitor of Etrhereum, even the CEO  suggested to not compare! Because Ethereum is like the Bitcoin for all the altcoins and with the time ETH will be the altcoin ruler again!

ETH is not as strong as Bitcoin, ETH was replaced for awhile in the past by XRP, so that tells us we should not guarantee it will remain the most dominant altcoins. In terms of development, I guess BNB did a good job, it's just that ETH was first created in the market and has gain a lot of supporters, give it more years and maybe we will see BNB will outperform ETH and might be the king of alts, just saying.

[patz22]

BNB is a very good coin and they become an asset for the crypto industry but BNB is not a competitor of Etrhereum, even the CEO  suggested to not compare! Because Ethereum is like the Bitcoin for all the altcoins and with the time ETH will be the altcoin ruler again!

ETH is not as strong as Bitcoin, ETH was replaced for awhile in the past by XRP, so that tells us we should not guarantee it will remain the most dominant altcoins. In terms of development, I guess BNB did a good job, it's just that ETH was first created in the market and has gain a lot of supporters, give it more years and maybe we will see BNB will outperform ETH and might be the king of alts, just saying.

I would agree that BNB might out performed ETH specially now that they have their own blockchain. Yes, ETH was created first and we cannot deny that it proved something thaf BNB needa to catch up and with the adaption of crypto right now and with BNB's development for sure it will go up higher than ETH.

[kalstarzz]

indeed, the BNB has quite a lot of progress, but to kill the ETH the BNB needs to make better progress. besides that hacking that occurred in the binary exchange made its prestige slightly decreased and that was not good for the future of the BNB.

[Pamadar]

indeed, the BNB has quite a lot of progress, but to kill the ETH the BNB needs to make better progress. besides that hacking that occurred in the binary exchange made its prestige slightly decreased and that was not good for the future of the BNB.

There's still big difference from this two projects where popularity and usable aspects are mostly give advantage from one coin to another, ETH still holding it's position and still have lots of supporters, while in the other side binance is making it's own ways to gained more popularities.

[toast]

indeed, the BNB has quite a lot of progress, but to kill the ETH the BNB needs to make better progress. besides that hacking that occurred in the binary exchange made its prestige slightly decreased and that was not good for the future of the BNB.

in my opinion BNB has made very good progress, even though yesterday had happened hacking but this coin remained upright in its position. and I'm sure surely the BNB will return it as it should because their team has the potential to advance in the future.

[The Sceptical Chymist]

Like it or not, most cryptocurrencies lack utility, to say the least;

I completely agree with you there, and it's what worries me about the altcoin market.  At least with bitcoin, there are merchants who accept it as payment.  That isn't true for the vast majority of altcoins, and I don't think that's ever going to change.  I've often wondered how long these coins can exist when their only function is to allow speculators to trade them back and forth.

the easiest way to know the healthy states of cryptocurrencies in comparison with one another is through market capitalization

Disagree.  I don't put much stock in market cap at all.  It depends so much on how many coins are in circulation, and that's something that can easily be played with.  Maybe I'm wrong, but I think people stress the importance of that metric way too much.

And as far as BNB goes, its utility is just about as bad as most other shitcoins out there, but then again I am no expert on technical aspects of crypto.  But the question here is whether it's "the new ETH killer", and I think that's ridiculous.  There's no way that's true IMO.

besides that hacking that occurred in the binary exchange made its prestige slightly decreased and that was not good for the future of the BNB.

Eh.  I'm not sure the hack had much of an effect on BNB, but I haven't actually done the math.  I do own a small amount of BNB, and it doesn't look like it dropped much since the hack.  Doesn't matter that much to me, since I always end up converting it to BTC or trading it for NEO or PIVX.

[Distinctin]

BNB is a very good coin and they become an asset for the crypto industry but BNB is not a competitor of Etrhereum, even the CEO  suggested to not compare! Because Ethereum is like the Bitcoin for all the altcoins and with the time ETH will be the altcoin ruler again!

ETH is not as strong as Bitcoin, ETH was replaced for awhile in the past by XRP, so that tells us we should not guarantee it will remain the most dominant altcoins. In terms of development, I guess BNB did a good job, it's just that ETH was first created in the market and has gain a lot of supporters, give it more years and maybe we will see BNB will outperform ETH and might be the king of alts, just saying.

I would agree that BNB might out performed ETH specially now that they have their own blockchain. Yes, ETH was created first and we cannot deny that it proved something thaf BNB needa to catch up and with the adaption of crypto right now and with BNB's development for sure it will go up higher than ETH.

This is a long competition, ETH will also work for their project to develop and thus it will remain in the its standing now.
If we are investing, I guess we need to included these two in our portfolio as they have a high potential in the future, whatever standing they will sitting.

[8rch7]

Initially I was amazed by binary (BNB), because the price increase surged in a fairly short time, but after the binance exchange was hacked some time ago, I raised doubts at this BNB, why could it be hacked, even though the system security was quite layered

[olumyd]

Initially I was amazed by binary (BNB), because the price increase surged in a fairly short time, but after the binance exchange was hacked some time ago, I raised doubts at this BNB, why could it be hacked, even though the system security was quite layered

Every system can be hacked. And the price of BNB was actually going up because of its Launchpad which required BNB as a currency to invest. But there's still hope for BNB, I personally believe he among other exchange owners has some form of clarity on what cryptocurrency or crypto utility should look like.

[uneng]

indeed, the BNB has quite a lot of progress, but to kill the ETH the BNB needs to make better progress. besides that hacking that occurred in the binary exchange made its prestige slightly decreased and that was not good for the future of the BNB.

There's still big difference from this two projects where popularity and usable aspects are mostly give advantage from one coin to another, ETH still holding it's position and still have lots of supporters, while in the other side binance is making it's own ways to gained more popularities.

Eth is consolidated on the market already and has its own platform, which has its usages, different from most altcoins. Bnb is relatively new and fully relies in the name of the exchange Binance to thrive, I don't think it's a threat for a useful and strong currency like eth.
However, by the bnb movements on the charts, it's not any altcoin and shows a nice potential. It didn't cost even a dollar, and now it's almost at 30 dollars.

[lab rat hoax]

I think Binance Coin will be more valued in the future. Recently the MATIC purchasers with BNB have made a lot of profits, so people seems will buy more BNB. But Ethereum will always live.

[Distinctin]

I think Binance Coin will be more valued in the future. Recently the MATIC purchasers with BNB have made a lot of profits, so people seems will buy more BNB. But Ethereum will always live.

We know what's the potential of BNB because we've seen a lot of successful IEO in Binance, therefore as it increases, the demand of BNB will soar high.
On the other hard, ETH is an established coin, though the demand in ICO has declined with a big percentage, but we cannot also say that it's future is bad as we know ETH's success is not fully based on ICO's demand, we might see more surprising news in the long run.

[Kelvinid]

BNB is a very good coin and they become an asset for the crypto industry but BNB is not a competitor of Etrhereum, even the CEO  suggested to not compare! Because Ethereum is like the Bitcoin for all the altcoins and with the time ETH will be the altcoin ruler again!

ETH is not as strong as Bitcoin, ETH was replaced for awhile in the past by XRP, so that tells us we should not guarantee it will remain the most dominant altcoins. In terms of development, I guess BNB did a good job, it's just that ETH was first created in the market and has gain a lot of supporters, give it more years and maybe we will see BNB will outperform ETH and might be the king of alts, just saying.

It may possible to happen. BNB has a good start and it gains more attraction from investors knowing that it is back-up by Binance exchanges. If BNB will continue to rise up and will it happen that many altcoins will be making a way for BNB on the top. But still, it is on the big test and we know the sentiment of Binance issues, hope it will resolve immediately and bringing back BNB on the race.

[jhongzjhong]

I think BNB coin can't bypass with Ethereum coin because Ethereum has already owned platform that uses smart contrast and usually uses ICO project. while on the other hand, BNB was relying only on their exchange, I have noticed when Binance gets hacked the coins also drop at that time. So, I think Ethereum will remain at the position.
Yet, they are the same profitable, but who knows that it will happen

[jawatulen]

ethereum will stay strong and i believe bnb will never kill ethereum dude

[kapalmabur]

I think BNB coin can't bypass with Ethereum coin because Ethereum has already owned platform that uses smart contrast and usually uses ICO project. while on the other hand, BNB was relying only on their exchange, I have noticed when Binance gets hacked the coins also drop at that time. So, I think Ethereum will remain at the position.
Yet, they are the same profitable, but who knows that it will happen

ethereum is indeed too ripe to shake, and that is evident when ripple tries to shift the position of ethereum in cmc, ethereum can easily reclaim that position, so I think it will be difficult for the BNB to disrupt the position of ethereum

[olumyd]

I think BNB coin can't bypass with Ethereum coin because Ethereum has already owned platform that uses smart contrast and usually uses ICO project. while on the other hand, BNB was relying only on their exchange, I have noticed when Binance gets hacked the coins also drop at that time. So, I think Ethereum will remain at the position.
Yet, they are the same profitable, but who knows that it will happen

ethereum is indeed too ripe to shake, and that is evident when ripple tries to shift the position of ethereum in cmc, ethereum can easily reclaim that position, so I think it will be difficult for the BNB to disrupt the position of ethereum

It's just a matter of time. With the new Dex, BNB utility has scaled. Besides as an exchange, despite the hack, there still seems to be tangible support behind the brand. Not sure if it's wash trading tho, but BNB is trading fairly normal relative to the facts.

[GreatArkansas]

It's really far behind to become the ETH killer, as you said because of price action only that's why you are concerned. If you will see the development of BNB compare to ETH, it's totally behind.
Did you even think that why BNB has a huge price action last few months? We can consider the price manipulation of it and the fever of IEO with the use of exchange tokens to be able to participate.

Watch this youtube video Binance Admits To Pump & Dump? Planning a 2nd One! Greed & Corruption is Strong With This One... and there's a lot of video about Binance in that channel.

[nira09]

BNB is an Altcoin that has very rapid development, even being the first Altcoin to have new ATH after ATH in 2017, nowadays many people pay attention to BNB tokens after Binance launchpad only receives BNB tokens, and all projects in Binance Launchpad provide profit to investors. but still Ethereum is the parent of Altcoin and will be very hard to beat

[HellDiverUK]

The advantages of ethereum are the smartcontract and all tokens available, while the advantages of BNB are a coin that is supported by an exchange with the world's largest market, has a strong concept for supply demand with the IEO, ethereum is a pioneer while the BNB only uses bad ICO situation