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olumyd (OP)
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April 18, 2019, 07:01:15 PM |
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No 1 cryptocurrency exchange Binance debuts mainnet, is there a chance this coin can herald the next bull run? FYI it's probably the only coin trading close to 2017/2018 all time high...
However, I fear what the DEX will be like, it's quite promising given that it's centralized exchange has outperformed its peers.
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Awesomus Maximus
Member
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Activity: 392
Merit: 66
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April 18, 2019, 07:09:50 PM |
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If I read this news correctly, the native BNB coin is migrating from the Ethereum network to their own network. This begs the question who will run (secure) the BNB mainnet? How will they do that. BNB may be stable, but the reason for that is that it is like a share in a company, not cryptocurrency in the real sense of the word. I look forward to the DEX anyhow, hopefully it will have high liquidity like their CEX.
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livingfree
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April 19, 2019, 12:46:24 AM |
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We can speculate on what the DEX will be looking like but its still our opinion that will give us doubt and worry. The best that we can do right now is to take upon to the DEX after the launch and just wait on how it should go.
The price of BNB nearly hitting the ATH is very interesting and its first of its kind in the market so far while going through the bear market. Very first altcoin to start hitting the highest that it has achieved while the market stumbles and getting its recovery.
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disconnectme
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April 19, 2019, 07:47:32 AM |
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I stand corrected but for now, I don't see how Decentralised exchange is going to beat Centralised on speed and performance, I believe Binance Dex is going to outperform many Centralise exchanges in terms of true volume and make many existing DEX obsolete
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pageraji
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April 19, 2019, 11:24:31 AM |
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Binance now have good ecosystem to bnb with mainnet, if this dex have thousand or more token it will be next ethereum, price now is increasing more than 15 percent, so sad not buying yesterday..
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cygan
Legendary
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Activity: 3192
Merit: 8165
Crypto Swap Exchange
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April 19, 2019, 11:30:15 AM |
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Binance now have good ecosystem to bnb with mainnet, if this dex have thousand or more token it will be next ethereum, price now is increasing more than 15 percent, so sad not buying yesterday..
thats right. and there are the first both projects MITH and RedPulse which will join to the BNB chain. more will follow... |
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kynaz
Sr. Member
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Activity: 1078
Merit: 250
http://unidapp.app
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April 19, 2019, 12:16:40 PM |
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With all the great news that keeps coming from binance, I still think it is a great coin to hold, on the other hand, BNB is near its all-time high, so buying in now cut be risky. You need BNB to pay for trading fees, so it has a use case.
Holding BNB can help you get a good profit because BNB is used a lot of transactions or IEO and in recent months the increase in BNB's price has made many people very rich. I think this is the time when people should sell BNB because I think the big correction is about to appear and we should not buy at this price because the risk will be very high. |
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CjMapope
Legendary
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Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
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April 19, 2019, 01:47:09 PM |
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in THEORY BNB will continue rise slowly as it has been
theres no inflation, and they BURN it
BNB can be considered easy investment imo, unless they get hacked or do something to lose credibility haha
then it could drop fast so buyer beware!
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool! |
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akela04
Jr. Member
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Activity: 868
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April 19, 2019, 06:32:16 PM |
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Binance is an advanced exchange and I am sure that they will make their baby even better. BNB good token it is a good option for long-term investment. I expect the token price to rise to $ 50 by the beginning of 2020.
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Jating
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April 19, 2019, 08:00:03 PM |
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No 1 cryptocurrency exchange Binance debuts mainnet, is there a chance this coin can herald the next bull run? FYI it's probably the only coin trading close to 2017/2018 all time high...
If we are expecting a bull-run, then you should look at bitcoin market because altcoin pairing is based on them. Although the price of bitcoin is recovering, it is still far cry from the bull run that we all have been expecting. However, I fear what the DEX will be like, it's quite promising given that it's centralized exchange has outperformed its peers.
I believed that centralised exchanges will be big this year will all the hype surrounding IEO. It's already happening though, as most of the projects are selling their all their tokens literally in seconds. |
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xenomorphe1
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April 19, 2019, 10:53:26 PM |
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in THEORY BNB will continue rise slowly as it has been
theres no inflation, and they BURN it
BNB can be considered easy investment imo, unless they get hacked or do something to lose credibility haha
then it could drop fast so buyer beware!
No I disagree. A whale can buy many BNB to pump the price and then dump it. Be careful. Right. Good luck to current buyers. If the whales (or whale) get out of the game. The whale could be Binance as it is their own coin. It could be like when Justin Sun sold his TRX at 0.25 USD at the start of TRON. |
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HellDiverUK
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April 20, 2019, 10:42:47 AM |
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in THEORY BNB will continue rise slowly as it has been
theres no inflation, and they BURN it
BNB can be considered easy investment imo, unless they get hacked or do something to lose credibility haha
then it could drop fast so buyer beware!
No I disagree. A whale can buy many BNB to pump the price and then dump it. Be careful. I think you were right, its so hype right now... |
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79b79aa8d5047da6d3XX
Full Member
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Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
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April 20, 2019, 02:20:24 PM |
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Presently this coin has its Alast ATH. I see this coin touching up to 50$. This boils down to the fact that the team has worked enough on the exchange. Its the exchange utility that drive its price high. I wish other platform wil also emulate this and work on their platform
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reda
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April 20, 2019, 02:51:55 PM |
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No 1 cryptocurrency exchange Binance debuts mainnet, is there a chance this coin can herald the next bull run? FYI it's probably the only coin trading close to 2017/2018 all time high...
However, I fear what the DEX will be like, it's quite promising given that it's centralized exchange has outperformed its peers.
OMG my 200 USD investment skyrocketed to 500 USD now. It is really amazing to hodl such coin. I thought to by the Fetch that time and bought some BNB with the Bitcoins I have, now I feel that if I have holded the bitcoin also it may not give that much returns but bnb made it for me. It is really worth to invest on this BNB coin to for the trading and long term profiting purposes. |
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diamond_shine1
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April 20, 2019, 03:15:38 PM |
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extraordinary BNB doesn't care even though the market is bleeding but the BNB is making a new ATH.
I am sure this coin will continue to rise with very impressive binance projects.
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chenille
Full Member
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Activity: 428
Merit: 172
chenille!
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April 20, 2019, 04:35:14 PM |
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BNB is a very promising investment but to be honest, the price is really very hyped and overrated right now. I won't bet but it's obvious that a huge dump will follow after the pump. We have to buy BNB when noone is caring for it not right now, when everyone is speaking about Binance. Hopefully, there will be a time to buy it cheap again.  |
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edmundduke
Legendary
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Activity: 1624
Merit: 1007
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April 20, 2019, 06:40:05 PM |
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The fee reduction is a huge part for bigger traders, it really helps in the long term. The real value comes from the burns however, but as soon as regulators step in (because anything with burns is a security pretty much) you will see a huge crash in the price because of fear.
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Febo
Legendary
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Activity: 2730
Merit: 1288
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April 20, 2019, 07:30:20 PM |
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The fee reduction is a huge part for bigger traders, it really helps in the long term. The real value comes from the burns however, but as soon as regulators step in (because anything with burns is a security pretty much) you will see a huge crash in the price because of fear.
Yes i have no ideas how they will solve that. They walk on thin ice. I am surprised there is no FUD about this. |
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GregH37
Legendary
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Activity: 1302
Merit: 1037
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April 20, 2019, 07:54:55 PM |
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With all the great news that keeps coming from binance, I still think it is a great coin to hold, on the other hand, BNB is near its all-time high, so buying in now cut be risky. You need BNB to pay for trading fees, so it has a use case.
BNB coin is a utility coin and I don’t think that buying it now is a risky one, because it’s a coin being used to trade and especially the introduction of IEO Platform, as you may know that every investors participating in IEO requires BNB to be able to have a shares in such token, which means buying of BNB is an ongoing thing, which will make it difficult to drop low in price again. Most altcoins including BNB are not in their All times high, majority of them are low already and waiting for BTC BULL run to pick up and increase. So I think this is still a good time to invest in Binance coin. |
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