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Author Topic: Is BNB the Next Bitcoin?  (Read 23461 times)
pushups44
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April 26, 2019, 09:07:32 AM
 #81

Absolutely not. There is only one bitcoin, and even the CEO of Binance, Chanpeng Zhao, acknowledges that. That said, BNB has a bright future with interesting and growing use cases. With a DEX being rolled out along with its own blockchain, and a solid leadership, BNB has a shot to be among the top coins.
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April 26, 2019, 09:24:26 AM
 #82

Nope this never gonna happen, the rise in BNB is only backing-up by the recent requirements they forced on people to be able to join their IEO which is the most ridiculous thing I ever saw, BNB price will dump hard once the hype regarding Binance IEO ends. We should really not compare Bitcoin with a coin that is the only real use of it is joining IEO to buy other coins.
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April 26, 2019, 09:29:28 AM
 #83

I think no, BNB coin is not a big market bear but bitcoin is now across the whole world and many lot of users Wealth.
BNB coin is still limited in development in their exchange. In fact BNB coin no have use yet multishop, product shop, shopping, banks and many think. But Bitcoin is being used in different fields and many countries and banks have accepted Bitcoin.
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April 26, 2019, 09:37:18 AM
 #84

I think no, BNB coin is not a big market bear but bitcoin is now across the whole world and many lot of users Wealth.
BNB coin is still limited in development in their exchange. In fact BNB coin no have use yet multishop, product shop, shopping, banks and many think. But Bitcoin is being used in different fields and many countries and banks have accepted Bitcoin.
BNB is an exchange coin, which is using only on Binance. How can people compare some kind of internal tool with such a giant as Bitcoin?

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April 26, 2019, 09:44:59 AM
 #85

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?
Does it have utility beyond the Binance Platform? If you start seeing it being accepted as a form of payment on platforms completely unrelated to Binance then there is a chance that it could become a mainstream cryptocurrency. At this point its gains can be attributed to the popularity of the Binance Platform and the fact that they practice token burns at regular intervals.

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April 26, 2019, 09:46:24 AM
 #86

How the hell you even think that? BNB is nothing but a trend for somedays. I don't think it wil be able to aintain top 10 list in near future even. BNB will be nothing once IEO got burst.
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April 26, 2019, 10:09:20 AM
 #87

BNB did perform very well recently, but it is not the next bitcoin. Because bitcoin is not the same in our hearts, we can't just compare it from recent price performance. It can only be said that BNB is indeed a good cryptocurrency.

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April 26, 2019, 10:16:42 AM
 #88

There are no way how BNB might be a new BTC.
BNB is just exchange coin, exchange that trades bitcoins. Good and reliable exchange. I as well happy to use Binance, but it is ridiculous that this coin could replace Bitcoin
pungopete468
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April 26, 2019, 10:16:55 AM
 #89

BNB will not be able to replace Bitcoin. nowadays BNB is being talked about a lot or invested but in the future I think the development of BNB will not be like Bitcoin which is currently very good and also widely known to the wider community

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April 26, 2019, 10:35:00 AM
 #90

~
Is BNB the new Bitcoin?
This is not enough to conclude that BNB is or that it will be the next bitcoin.. There a have been so many coins that have had tremendous growth in the past, yet, they were not able to replace bitcoin.
There is no doubt about it, BNB has proven to be good and I perceive it will grow more.
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April 26, 2019, 10:53:51 AM
 #91

it is like asking if dog shit is the next gold!

BNB is useless centralized token that is controlled fully by an exchange that can get hacked any moment in which case the value of that coin (since it is centralized) would drop down to zero in an instant. and you still are insisting on comparing that with decentralized bitcoin!
not to mention that if you bothered checking the volume you can see the BNB only had a high volume during its pump and ever since its dump began everyone is jumping ship...

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bering
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April 26, 2019, 11:50:33 AM
 #92

I had seen plenty of statements regarding which coins will be the replacements of bitcoin but none of them even getting near to bitcoin price or near to bitcoin market support and indeed BNB was able to reach the positions in the top 10 for most volume support for cryptocurrencies but to be the replacement of bitcoin that's too early to BNB and besides that i'm sure people will always be considering bitcoin for first option than other coins

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April 26, 2019, 11:58:27 AM
 #93

I think it's difficult to be the next bitcoin, Binance is an ambitious project and I hope this will continue to happen in the long run, if Binance is successful it will make other projects emulate and succeed like Binance.

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April 26, 2019, 12:00:04 PM
 #94

bnb is just a exchange token that is well-designed and hyped.
As soon as something bad happens for the exchange itself - the price of the token will fly underground

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April 26, 2019, 12:02:54 PM
 #95

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?

How can you say BNB is the new Bitcoin while the vision of these two are different? Bitcoin aims to be a peer-to-peer payment currency while BNB is native token / utility token for Binance Exchange. You can compare things that are totally different. Do you think that BNB price would surpass Bitcoin? Look that all cryptocurrency is relying on Bitcoin, that's enough proof that the only thing people trust is Bitcoin, not any of major cryptocurrency.

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April 26, 2019, 03:35:55 PM
 #96

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?
For the fact that we say a 300% growth in the price of a coin doesn't mean that the coin is now the new bitcoin, you can't still compare BNB with the volume that bitcoin has acquired and will never be able to compare it to bitcoin, though bnb is a very good coin due to the fact that the team behind it's project are very committed and always want to see the project grow, we might see the price of BNB going to as high as $200 in the nearest future, so don't miss out from it, try to pick up some coin.

BNB must be a very good example for a coin with real time application whereas almost all other coins are getting value on speculations or on hype. This is the reason, I am too agreeing that BNB might be the "next ethereum" if "next bitcoin" is too hard to be accepted.
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April 26, 2019, 04:08:46 PM
 #97

Absolutely not. There is only one bitcoin, and even the CEO of Binance, Chanpeng Zhao, acknowledges that. That said, BNB has a bright future with interesting and growing use cases. With a DEX being rolled out along with its own blockchain, and a solid leadership, BNB has a shot to be among the top coins.
Yes, it is definitely not, I know a lot of good information about bnb and it has also shown its power recently, that makes many people think that BNB will rise and become a new bitcoin but we should remember these are just news to promote the value of bnb, it is only temporary, it is just this year's trend, it is not forever, comparing transient power of bnb with bitcoin is a mistake, Bitcoin is always the best in this community, other developments can only go behind it

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April 26, 2019, 04:12:04 PM
 #98

No, but I can think of more with BCH though BCH has the same supply with btc but still the supply does not matter. It is just that we know that BCH has a good market price for now to invest and if it will be the next bitcoin then from the current market price state to bitcoin market price range.

I am just admiring the BCH coin. This is why I think of it more to be BCH than any other crypto.
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April 26, 2019, 04:27:35 PM
 #99

I don't think BNB will be able to outperform bitcoin, because bitcoin is beyond competition. BNB can compete well with other coins. I expect significant growth therein year.

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April 26, 2019, 04:28:36 PM
Last edit: April 26, 2019, 08:53:50 PM by Kafanchanchan
 #100

The project is good, no doubt, more to it is the fact that CZ is working tirelessly as well, but I will rather not be comparing it with Bitcoin at this point. In my opinion it's too early to say. But in all, it's a good tokento hodl, I must say
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