OptimusPrime_3
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June 10, 2019, 08:09:03 PM |
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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?
stop dreaming, binance coin can't compete with bitcoin in anyway. They have different use cases. And in as much as binance has it's own chain now it's still far from competing with ethereum as well.
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klaaas
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June 10, 2019, 08:19:59 PM |
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stop dreaming, binance coin can't compete with bitcoin in anyway. They have different use cases. Correct, it is binance and there services that is tied to bnb. No worries at all for Bitcoin.
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HK88
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June 10, 2019, 08:42:00 PM |
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even though BNB has good potential in terms of investment, I don't think at all that he can beat or become the next bitcoin. I am still confident about Bitcoin completely and there are no altcoins that can match the king of any altcoin including the BNB. it is impossible
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Alohadanc3
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June 10, 2019, 10:03:46 PM |
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I don't think so. That BNB will be the next Bitcoin cause they are very different form each other. BNB is a exchange based token, now it has its won chain as a platform token. And BTC is the first blockchain chain based crypto. In this whole market people only trust Bitcoin. And it almost 50% or higher of the whole market cap. So it's not possible that anything is taking place of Bitcoin. But BNB also has a great teacher.
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Iykecollinz
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June 10, 2019, 10:48:34 PM |
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Very unnecessary question, so far Binance has no such capacity, it is practically impossible, Bitcoin have already come a long way and have created the crypto space and made it what it is today, it will be very difficult to do without as it is not having any central management and control. It will continue to hold say and keep being the highest traded pair in exchanges. Binance will most likely die if the Binance exchange dies but such will not be the case for bitcoin
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Handsome Boy
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I ❤ ₿itcoin and Ethereum
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June 10, 2019, 10:57:04 PM |
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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?
Bitcoin remains Bitcoin, no one can replace or defeat Bitcoin, because Bitcoin is the king of all cryptocurrency, even though Binance prices have risen very high and the volume of Binance coin has increased very high too, I am still convinced that Binance will not be able to defeat Bitcoin, because there are still many people who believe and prefer to invest in Bitcoin rather than Binance, so until now there is no other cryptocurrency that can beat Bitcoin, as we saw in 2017, all the prices of cryptocurrency have increased very high (including Ethereum) and at that time Ethereum was very popular, because the price and volume of Ethereum coin increased very high, but still Ethereum can't beat Bitcoin and Bitcoin remains the most popular and king of all cryptocurrency until now, so I'm sure Binance won't be able to defeat and replace Bitcoin too.
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travwill
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June 10, 2019, 11:04:06 PM |
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In no case, Bitcoin is nothing but the very essence of decentralization, which cannot be said about the BNB. Completely centralized coin depending on its "center", in the case of the fall of which the price will fall.
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seggardinggins
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June 10, 2019, 11:20:58 PM |
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Maybe a lot is contrary to this statement because we are stunned to look back and ignore the crypto growth that is currently different. With ease, we always consider the king of Bitcoin invincible and it is true that the position of Bitcoin in my opinion is irreplaceable, but here we see the other side, BNB has other potential that Bitcoin does not have in my opinion.
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bakulgarem
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BIB Exchange
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June 10, 2019, 11:35:08 PM |
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maybe it could be, because since first entering the BNB crypto market the coin has exceeded the other Altcoin on the market.
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Cryptrx
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June 10, 2019, 11:37:29 PM |
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Binance built a model that benefited the price of BNB. IEO was instrumental to the price increase, people had reasons to buy and hodl the coin in order to take part in IEOs.
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CryptoKush
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June 10, 2019, 11:37:57 PM |
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BNB is too different from Bitcoin to compare them. BNB is a very centralized coin that probably will not survive for another 5 years. I would not advise to invest in this ionet in long-term.
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cotton ball
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June 10, 2019, 11:40:30 PM |
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For the price, it will probably increase significantly because this token is always burned every few months so that it will reduce the supply of the token so that the price will also soar with little supply given but if it is to become a Bitcoin I don't think it will happened to altcoin.
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freedomgo
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June 10, 2019, 11:59:43 PM |
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BNB is too different from Bitcoin to compare them. BNB is a very centralized coin that probably will not survive for another 5 years. I would not advise to invest in this ionet in long-term.
As long as their exchange continues to be successful, that is their main asset why they will attract people to invest and trust BNB. XRP did survive, and even the most profitable coin in the last bull run, and I really think BNB is better than XRP as its improvement is very visible to us and it's love by the community. Imagine the hack where a decent amount of money was stolen, it did not make people panic and still invest in BNB, though it was covered with SAFU funds but that is a big weakness on their control, possibly a future hack could happen as they are already proven vulnerable.
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inanilujimi
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June 11, 2019, 12:09:04 AM |
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For me BnB is too centralized and not feasible to match with Bitcoin, it's really very rapid growth with the latest breakthroughs they make but it's only for the sake of BnB and nothing more.
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xysheeh03
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June 11, 2019, 12:14:46 AM |
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In this year's market, BNB coin showing great numbers that investors believes in its future. I think BNB has a potential but comparing it to bitcoin it should have gone to many obstacles that it pass through and if its reputation still good, it can reach nearly to bitcoin and its volume should also be much more to be able to reach bitcoin even nearly. However there is none of the crypto that is comparable to bitcoin as of now.
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Litzki1990
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June 11, 2019, 12:22:24 AM |
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Even the BNB have good development but BNB was at early stage of knowing the capability next to bitcoin maybe in the future it would happen to BNB but for now BNB need to explore more to many investors in the whole world so that BNB can close to ethereum.
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Jpti
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June 11, 2019, 12:47:52 AM |
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Given the volume of gain in price over a specific time, Binance coin has beaten even bitcoin. But bitcoin is a legacy coin and no coin will surpass it in terms of price in the nearest future. BNB might come the second position in the place of Ethereum. Investment in BNB is far better than other coins like ripple, stellar and cardano.
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Helpme_please
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June 11, 2019, 12:51:48 AM |
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Even the BNB have good development but BNB was at early stage of knowing the capability next to bitcoin maybe in the future it would happen to BNB but for now BNB need to explore more to many investors in the whole world so that BNB can close to ethereum.
we need to test bnb chain scalability first before compare it with bitcoin.if talking and compare it with bitcoin i think it means we talking about its network.and bnb chain not tested yet about it.but about developtment progress there is no doubt its very great.
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TheClownSong
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June 11, 2019, 01:39:45 AM |
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Given the volume of gain in price over a specific time, Binance coin has beaten even bitcoin. But bitcoin is a legacy coin and no coin will surpass it in terms of price in the nearest future. BNB might come the second position in the place of Ethereum. Investment in BNB is far better than other coins like ripple, stellar and cardano.
Its more reasonable to compare BNB with ethereum because its for bussiness purpose. Bitcoin now become digital asset and can not compare with BNB but as investment, i think BNB coin is good long term investment because back up by big exchangers and profitable company
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reality18
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June 11, 2019, 01:46:00 AM |
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BNB has great potentials of turning out to be something massive yet I do not see BNB to be a coin which can displace Bitcoin from the number one position. BNB has got a good market product, the Binance exchange, which is a highly demanded one on the market - one of the major factors necessary for a coin to survive and rise.
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