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Author Topic: Will BNB reach $50 This Year?  (Read 3000 times)
janggernaut
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October 21, 2019, 10:05:15 AM
 #361

The buy back and burn isnt even pushing the price of BNB
Someday it will be make BNB price keep increasing than now. With buy back and burn token each quarterly BNB total supply will keep decreasing from time to time until 100mil BNB coins left. It will give huge impact for any people who using binance exchange as they can use BNB  coins to lower their withdrawal fee
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October 21, 2019, 11:06:53 AM
 #362

Interesting to see, that so much people were sure that BNB would be at the top and cost around 50 bucks. It remembers me about ETH trend at the end of 2017, where everyone thought that ETH would cost over 3k USD and will replace BTC.
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October 21, 2019, 03:40:33 PM
 #363

BNB takes its time it is really possible. However if we will going to consider it correction phase i would say that it was like EtH now it needs time to consolidate at some time or level before moving up again. $50 is cheap for bnb as they are  always having new kind of systems and marketing. Funds came from exchange so it is no wonder how binance and its coin was very successful.
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October 21, 2019, 05:09:07 PM
 #364

Interesting to see, that so much people were sure that BNB would be at the top and cost around 50 bucks. It remembers me about ETH trend at the end of 2017, where everyone thought that ETH would cost over 3k USD and will replace BTC.
unfortunately ETH did not arrive at that price. to date, BNB is also still trying to reach the level of $ 20 again, and currently, the price is still at $ 18, which means less than $ 32 before the price of BNB reaches $ 50.

looking at current developments, it looks like it's quite difficult for BNB, however, it is needed, more than a 100% increase in less than 3 months. if the price of BNB can reach the price of $ 50, most likely it can be achieved in 2020 to come. for this year, it looks like the highest price of BNB will reach the level of $ 30
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October 21, 2019, 06:05:03 PM
 #365

Interesting to see, that so much people were sure that BNB would be at the top and cost around 50 bucks. It remembers me about ETH trend at the end of 2017, where everyone thought that ETH would cost over 3k USD and will replace BTC.
unfortunately ETH did not arrive at that price. to date, BNB is also still trying to reach the level of $ 20 again, and currently, the price is still at $ 18, which means less than $ 32 before the price of BNB reaches $ 50.

looking at current developments, it looks like it's quite difficult for BNB, however, it is needed, more than a 100% increase in less than 3 months. if the price of BNB can reach the price of $ 50, most likely it can be achieved in 2020 to come. for this year, it looks like the highest price of BNB will reach the level of $ 30
I believe Binance will have a lot of ways to make their coin price can be increased. Coin like BNB if not developed well, is something that really waste of time. I mean, when they have produck like Binance, and coin to be used in it, they can maybe do something so the use of BNB itself can increased. So it can make more demands.

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October 21, 2019, 06:31:15 PM
 #366

I think it is difficult for BNB to reach the price of $ 50 this year because to reach the end of the year only takes about 2 month other than that,unfavorable market conditions, the market is currently in a state of correction maybe for 2020, i am sure BNB will reach a price of it

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October 21, 2019, 09:00:37 PM
 #367

As it is expected, the drop is almost over for bnb and we are having a steady increase in the price. We may not reach to 50$ in the end of the year but it will be in the near future. Burns are really helping the price. With the last burn, 1% of the circulating supply is gone.
It took less than a year to reach the all time high of $39 from its bottom of $4 last December of 2018. $50 is kind of higher price but I don't think that it will ever happen for this year. $40 is of possibility but I think an additional $10 is gonna be much.
Yes, might be the next year for it.

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October 21, 2019, 11:00:30 PM
 #368

BNB is a very good altcoin as it is one of the most profitable yet stable altcoin in the cryptocurrency market. One of the major reasons why many people believe in BNB is because it is backed by the Binance.com - The world's biggest cryptocurrency exchange BUT with all that I don't see BNB going near $50 because there is no bull run in the market. 
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October 22, 2019, 04:02:20 AM
 #369

Interesting to see, that so much people were sure that BNB would be at the top and cost around 50 bucks. It remembers me about ETH trend at the end of 2017, where everyone thought that ETH would cost over 3k USD and will replace BTC.
unfortunately ETH did not arrive at that price. to date, BNB is also still trying to reach the level of $ 20 again, and currently, the price is still at $ 18, which means less than $ 32 before the price of BNB reaches $ 50.

looking at current developments, it looks like it's quite difficult for BNB, however, it is needed, more than a 100% increase in less than 3 months. if the price of BNB can reach the price of $ 50, most likely it can be achieved in 2020 to come. for this year, it looks like the highest price of BNB will reach the level of $ 30
I believe Binance will have a lot of ways to make their coin price can be increased. Coin like BNB if not developed well, is something that really waste of time. I mean, when they have produck like Binance, and coin to be used in it, they can maybe do something so the use of BNB itself can increased. So it can make more demands.
Binance is an exchange with great financial resources and they will surely pump this coin in the near future. I think now is a good time to buy BNB because the current price is very cheap and if IEO is still interested by many investors, BNB will soon reach 50$. I am not sure about this but based on my investment experience, BNB trends to increase when a new project is launched.

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October 22, 2019, 05:05:10 AM
 #370

Since experiencing a downward trend due to not many people who are interested in investing in IEO binance the price of BNB has decreased and it is very visible and for me to reach a price of 50 $ is quite difficult BNB struggle to face many negative things also due to many cases in the exchange
Why is IEO in Binance not interested, have there been so many failed projects there? Indeed, I also see that to reach $50 at the end of this year is very difficult. Because The current price has dropped very much, $18. Just leaving 2 more months I think this is a short time to reach $50.

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October 22, 2019, 06:01:24 AM
 #371

BNB run from 5 USD to 30 USD very strongly without taking into account BTC sudden price moves till middle of 2019. After the middle of 2019, all coins without any exception become 100% depended to BTC. BTC up alt coins down, BTC down alt coins down even BTC stable alt coins stable.
While most of the coins found new all time lows, some coins like ETH and BNB stayed strong against others. As other coins dropped 80% they dropped around 50%.
If BTC gave permission to the market like before middle 2019, It was possible that BNB hit 50 USD at the end of 2019.
At new market situation, it can possibly go around 32 USD again, but 50 USD not looks very soon if no extreme news or change at market conditions.
Long term? It will try to catch ETH I guess.
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October 22, 2019, 10:49:09 AM
 #372

It is unlikely that the BNB will be able to reach $50 this year, because the BNB is going along with all the alts, and the alts are in a bad condition now, so the BNB and can not grow strongly now
but just like the post above says its more likely to happen if there is extreme change that comes in this last quarter but the chances are small

after having great growth this second quarter yet not enough for BNB to grow breaking $50 but we all know the volatiliy of cryptocurrency market can make difference at any case

but lets see there are many speculation saying in the last part of the year bull will show up again and will go the road to Halving in May,so don't lose hope we are still in good market now

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Omega Weapon
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October 23, 2019, 02:20:27 AM
 #373

BNB had been overpriced and now it is revealing its true value.  Development is not that much impact because it cannot sustain a push of BNB price to go up. The only thing of BNB to go up to $50 is when CZ pumped it hard but then too many investors will lose investment fund due to this.
The team behind BNB has the capability to manipulate the market very easily and they are the top exchange in the market with trading volume and they are making billions every year and hence they can pump the coin whenever they want and it can fool the casual investor too, now they are conducting all the IEO and in due time you will understand the true color of those projects. I am not investing in BNB because i do not trust the team behind it especially after the hack and their persistent lies about everything is fine.
That is definitely an issue of BNB, how do we know binance is begin honest about the volume of that coin when they have such power over it? This very quickly becomes an issue of trust which was one of the issues cryptocurrencies were going to solve, then the only thing I can think is that despite the great results we have seen from BNB since its creation that is a coin I prefer to stay away even if it seems the binance exchange is trying to do everything to dissipate the doubts of people like me.
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October 23, 2019, 02:53:20 AM
 #374

I think BNB coin price movements depend on how the development of the Binance exchange platform, when this platform can be very expensive and can increase usage on the platform then it is certain that the price of coins will easily increase.

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October 23, 2019, 09:21:55 AM
 #375

I think in the near future BNB will not cost $ 50, unless they come up with something new that will push the price up significantly, as was the case with the launch of IEO on the Binance platform.

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October 23, 2019, 09:36:05 AM
 #376

I think BNB coin price movements depend on how the development of the Binance exchange platform, when this platform can be very expensive and can increase usage on the platform then it is certain that the price of coins will easily increase.
Not only the development of the Binance exchange platform, but it also obviously depends on the development of bitcoin as well.
if bitcoin can develop properly it will also affect it. but I can not believe that it will reach 50 $ for the near future, it still needs more time.

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October 23, 2019, 11:48:23 AM
 #377

I think in the near future BNB will not cost $ 50, unless they come up with something new that will push the price up significantly, as was the case with the launch of IEO on the Binance platform.
if bitcoin goes up surely BNB will also go up the only BNB I think it's hard to go up to $ 50 it takes a long time for it even though they burn their coins

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October 23, 2019, 12:33:42 PM
 #378

I think in the near future BNB will not cost $ 50, unless they come up with something new that will push the price up significantly, as was the case with the launch of IEO on the Binance platform.
I understand that we all think binance exchange needs to come up with something new, which will provide an opportunity for BNB to increase, this seems to be a good reason but it's not always true, not all altcoin gains need a reason. And the value of BNB can still increase and go to a certain level without breaking news, that's normal in the current market, the chances for random price increases are probably a low rate but the road to the end of the year is still quite long, BNB can sometimes make us excited and surprised

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October 23, 2019, 12:56:00 PM
 #379

that's possible for Binancecoin to reach $50 at the end of this year if the bitcoin price are growth to minimum $15k/Bitcoin.
but if not hit that price i think it's too hard for BNB reach $50 on this year

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October 23, 2019, 01:58:19 PM
 #380

Maybe BNB can hit 50$ in December.i just saw the BNB price which is really chip.if we buy BNB now we can make few profit from BNB.if you see the last 3 months graph of BNB then you can see the progress. BNB is profitable if we buy now in my analysis.       

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