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Author Topic: Is BNB the Next Bitcoin?  (Read 23461 times)
bitkanu
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July 10, 2019, 12:44:51 PM
 #341

LOL, I also like bnb but you guys are praising the coin too much. It was designed to be a currency for the exchange itself. Another thing is that bnb is just dominating the market because the barrier towards adoption is still there. Imagine if the world with their reputable companies tarted to make their own exchange and their own coin. Binance coin will be easily forgotten.
Definitely, the sole reason of popularity the BNB gains is because it has function for the binance exchange there, it has the role. If one time binance faces some kind of problem there is a huge chance that this coin could turn into dust and to compare this coin to bitcoin is just not right.

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July 10, 2019, 12:50:08 PM
 #342

Definitely, the sole reason of popularity the BNB gains is because it has function for the binance exchange there, it has the role. If one time binance faces some kind of problem there is a huge chance that this coin could turn into dust and to compare this coin to bitcoin is just not right.
that's reasonable thinking and it might happen. because BNB is a product of binance exchange, of course they have a connection. its growth is now due to updates from binance which have made BNB requests continue to increase.
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July 10, 2019, 12:57:36 PM
 #343

I think, BNB is difficult to become the next bitcoin. we all know that bitcoin is the parent of all altcoins including the BNB. therefore it is very difficult if the BNB replaces bitcoin.
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July 10, 2019, 03:13:44 PM
 #344

While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?
it's just a coin of a trading exchange, it really doesn't have any specific and practical features. It is currently only used to reduce transaction costs and is the unit to invest in buying an IEO on the same exchange.
If someday BNB floor declared bankruptcy, no one can accuse them.
BNB has no limits, it can be created if they want, it's not like BTC. And it can never be on par with BTC.
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July 10, 2019, 04:06:42 PM
 #345

no one can guess the crypto world, even though it sounds impossible but this can happen, especially we know that binary exchange is the most popular exchange, even the BNB coin has reached a high enough price, so it is not impossible that the BNB can shift the position of bitcoin

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July 10, 2019, 04:09:12 PM
 #346

BNB is one of the best coin of any exchanges.
BNB is not similar to BITCOIN and it will always support BTC to grow.
This alt coins will never go over BTC and will just its apprentice. BINANCE is just the best exchange for now!
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July 10, 2019, 06:54:44 PM
 #347

No, there will always be only one Bitcoin in the cryptocurrency and no one can replace it and take its place in the market.

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July 10, 2019, 08:35:51 PM
 #348

Bnb coin has no purpose. It is pumping now only because of the IEO. You can see how the coin is dumping after another project on the launchpad. When the projects will stop applying to Binance the coins will go down very drastically.

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July 10, 2019, 09:09:33 PM
 #349

The fact that Binance is performing incredible in this crypto business doesn't mean it is going to be the next bitcoin or become the king of cryptocurrency. Bitcoin will still be the best and leading crypto coin.

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July 10, 2019, 09:32:11 PM
 #350

While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?

This is laughable and an outrageous claim. No altcoin can be mentioned or should be mentioned in the same sentence with bitcoin. Bnb can't even be compared to Ethereum as things stands because Ethereum offers "smart contracts" but bnb chain doesn't and its a minus for bnb

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July 10, 2019, 09:39:42 PM
 #351

The fact that Binance is performing incredible in this crypto business doesn't mean it is going to be the next bitcoin or become the king of cryptocurrency. Bitcoin will still be the best and leading crypto coin.
Until now Bitcoin may still be the best and right what you say that binance will be difficult to be a substitute for bitcoin. everyone already knows that talking about crypto is inseparable from bitcoin, so indeed bitcoin will still dominate the crypto market even though we know that binance is also pretty good, but if it can replace it, it may take time, sometime?
is it a time? maybe.
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July 10, 2019, 10:45:03 PM
 #352

I think it's funny people are always quick to say there will be a 'the next BTC' but I don't think that will ever be the case imo. I think there will be successful coins but nothing that will top BTC
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July 10, 2019, 10:47:32 PM
 #353

This coin was at 10 cent at the all time low.  Were there ppl that bought like 10000 of them or $1000 worth?  Because right now... its over 33 dollars.  So that meant 1k worth of binance coin back then is worth about 330k usd right now?



I heard about binance coin but i didnt bother with it because i thought its just an exchange coin... no purpose.  But isn't this coin like buying stock in the exchange itself like amazon? 



Did tons of ppl get rich from it?  I mean 1k usd of bnb back then is over 330k now right?  So someone with 10k worth of it and didnt sell till now has over 3.3 million usd?
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July 10, 2019, 10:48:43 PM
 #354

there is no next bitcoin, bnb is the utility token for binance users.

you can learn more reading the whitepaper

https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf
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July 10, 2019, 10:56:07 PM
 #355

This is really hard to answer, and if somebody would like to have this idea that bnb will be next to bitcoin? Well too early for that, and even it has gained very high and expensive price in the market it couldn't compete to how bitcoin went though it's milestone of success.
Bnb really had soar for several months ago, but don't expect to much for that. It's only with binance community and had nothing to do with large community like bitcoin or even ethereum.
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July 10, 2019, 11:13:25 PM
 #356

BNB is a very interesting coin and this includes new coins. Although BNB new coins experienced a very high surge. Even those situations are many people who are surprised by the high surge. BNB has excellent prospects and to replace the BTC I think it will still happen very long.

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July 17, 2019, 06:18:49 PM
 #357

No doubt BNB gain some grounds but it can't be near to the bitcoin in coming decades.
BNB can never replace bitcoin and it will take years before it can compete with bitcoin. I think binance is only doing well in exchange platform and businesses but bitcoin is a currency and it is currently in the mouth of many politicians, leaders, and elites in the world. Bitcoin is competing with a currency like dollars and Eur in terms of popularity and acceptability. Binance on the other hands is very young and has a long way to go.
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July 17, 2019, 07:02:35 PM
 #358

By seeing the current situation maybe binancecoin does not like bitcoin so always we cannot consider any cryptocurrencies with Bitcoin.
Some days ago I bought on bnb at 32 USD but now this coin dumped to 26 USD in the price chart. I am hardly caring out because of this investment for long term. If the price reach the same then I will sell it out and now waiting for the moment...

 
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July 17, 2019, 07:17:15 PM
 #359

Of course not! these are completely different things and I don’t understand how to compare them at all?
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July 20, 2019, 05:28:52 PM
 #360

Bnb is really out performing in crypto space but I dont see it as next btc as it can't be btc but only will be a good asset to buy into for a better gain in crypto space.

No investors in crypto space wouldn't want to miss out in having it in their portfolio even if it dump as it will definitely pay back when its time comes.
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