Binance's $BNB, Crypto's Wild Card

[coco23]

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.

BNB currently is at an ATH in BTC, $ and marketcap!
Also BNB is number 7 in marketcap with approx. 2% of crypto marketcap. If it increases much more it could very well trigger a crypto bull run by itself!

[Mihaylovic]

it is really unbelievable that binance can stay that much strong for more than 1 year. i remember just not so long ago poloniex was ruling all the trade market. Binance really came strong and eliminate many exchange platforms. And now its own token is the strongest cryptocurrency even during this bloody bear market.

[Darkoth89]

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.

Do you think that it can become a problem for Binance if their token gets deemed a Security? I am not really into this security token topic but what implications could this have? Wouldn't this not only effect Binance users from the US?

[edmundduke]

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.

Do you think that it can become a problem for Binance if their token gets deemed a Security? I am not really into this security token topic but what implications could this have? Wouldn't this not only effect Binance users from the US?

They would need so many licenses because for US what they are doing right now is illegal. He has been dodging regulators by keeping the exchange in different islands and regulatory spaces. But should he get targeted by US goverment he can possibly picked up at any airport or event (as we have seen US spread its influence). The main reason he could come to spotlight is the volume Binance is pushing, its a huge player.

[alisafidel58]

I think this is all just a hype to further increase the user of BNB. Their exchange is well built but and has many traders doing daily trades. Every trader in their platform will be caught in this hype then the coin will be dump within a year or a few months from now.

[slaman29]

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.

At the moment it's fine because their current jurisdiction has no issue with BNB and probably actually have a big stake in it (you tell me, when Binance came, did you think Malta state coffers did not get cash plus BNB?). So they'll do this as long as they can for as long as Malta allows it, and for as long as Malta can keep away the other regulators from poking about.

The FUD will come ONE day when Binance gets big enough.

[matchi2011]

I think this is all just a hype to further increase the user of BNB. Their exchange is well built but and has many traders doing daily trades. Every trader in their platform will be caught in this hype then the coin will be dump within a year or a few months from now.

we never knew what will happen after, but being a good trader you also needed to anticipate possible outcome of any investment that you made, find things that will bring good to your assets, if you are unsure don't hesitate to research and study things that's bothering you, two things, it will explode and bring the value to the highest peak, or it will just  a hyped that will fall afterwards.

[Febo]

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.

At the moment it's fine because their current jurisdiction has no issue with BNB and probably actually have a big stake in it (you tell me, when Binance came, did you think Malta state coffers did not get cash plus BNB?). So they'll do this as long as they can for as long as Malta allows it, and for as long as Malta can keep away the other regulators from poking about.

The FUD will come ONE day when Binance gets big enough.

It dont matter where company is located. It matters where you have customers or better where you work.  I can live in Guatemala but if I offer something to Malta citizen then i need to oblige their laws.  Rare will be allowed to buy binance coins.

[Jating]

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

I'm not really sure if it can make existing DEX obsolete, although obviously, it will offer competition.

it is really unbelievable that binance can stay that much strong for more than 1 year. i remember just not so long ago poloniex was ruling all the trade market. Binance really came strong and eliminate many exchange platforms. And now its own token is the strongest cryptocurrency even during this bloody bear market.

I would say that CZ really did a good job in Binance. They have set the bar high specially when BNB was release and it hold up and now the token could be one of the strongest specially if the bull cycle picks up in the next couple of months.

[muslol67]

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.

Obviously, I wonder what projects will do token migration rather than what the BNB will do. From what I've heard, MITH has already stepped into the Binance network. I think that the power of the token beneath these platforms affects the real power of the network. For example, EOS is very popular, but the token is too weak.

[cygan]

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.

Obviously, I wonder what projects will do token migration rather than what the BNB will do. From what I've heard, MITH has already stepped into the Binance network. I think that the power of the token beneath these platforms affects the real power of the network. For example, EOS is very popular, but the token is too weak.

not only MITH will join the new BNB chain. the project RedPulse will also join this chain and another tokens will follow.
i think all projects those start an IOE at the Binance exchange will change to this blockchain too

[PHI1618]

CZ is really smart guy. He knows the market dynamics very well and acts accordingly to this. As the binance grew, Bnb grew. And now Bnb can no longer fit into its container. It would be great for the BNB to get into its own chain. It may be a bit of a theory, but it can be an opponent even to ETH.

[dominos]

I think this is all just a hype to further increase the user of BNB. Their exchange is well built but and has many traders doing daily trades. Every trader in their platform will be caught in this hype then the coin will be dump within a year or a few months from now.

But what is the most important thing - we are not in bull market but price of BNB is skyrocketing after ATH crush some time ago, really interesting crypto.

[beeelzebub]

I wonder how their dex will perform.

So far we always hear that dex's not ready to draw big volume of trades. But binance has huge resources. That dex can change BNB value a lot.

[Apened]

I don't know what could be happen in this situation while bnb price is on its peak it raise to much from the bottom and in certain cases when after this launches the coin drops. I know there will be a time that BNB will suffer with a big correction that's why i am not buying that coin after hittting the new ath price. This might be good on the mainnet launch but after a few days or weeks i expect it to have a slow corresponding correction in price.

[Rune]

I cant believe binance coin is back to all time highs its crazy people who invested in that got so lucky what a pick that was
to bad it was not me

[jacafbiz]

People should expect this, if Binance Dex fail to attract users then the price of BNB will tank, the fundamentals that people are betting on is almost all valued into the price and expect the price to dip if BNB tokens is the Ethereum of 2017, I know people will disagree with me but thisis possible Binance at $12 is still possible

[Ailmand]

BNB is a utility coin that can help binance traders save a lot of money from fees. No doubt that it has a huge potential since Binance is the most trusted platform in crypto in terms of service and volume.

[waitforme]

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 is at the highest price in its adult life, but this may also be the lowest price it can achieve this year, and you will miss this opportunity to wait for the opportunity to fall? The demand for BNB ownership is increasing, and this helps its price increase the same day. Just one more IEO organized by Binance will make BNB prices soar quickly. Don't wait because BNB is an Altcoin with too much growth potential.

[xenomorphe1]

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 is at the highest price in its adult life, but this may also be the lowest price it can achieve this year, and you will miss this opportunity to wait for the opportunity to fall? The demand for BNB ownership is increasing, and this helps its price increase the same day. Just one more IEO organized by Binance will make BNB prices soar quickly. Don't wait because BNB is an Altcoin with too much growth potential.

Better wait that it fall. Why buy at the top price if you know that it can fall more? It is better to be patient before doing a move. And i don't really see why people are going to go to Binance if they are already on other exchanges. And there is already some DEX exchanges, but their volume of trading is very low. How can they be certain that their DEX exchange won't be different?