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Author Topic: Will BNB reach $50 This Year?  (Read 3000 times)
Smitty Werben Man Jensen
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December 17, 2019, 05:26:47 PM
 #461

The year is about to end and Price prediction is really hard specially knowing that altcoins price depends on the Bitcoin market.
Unless there is going to be a major event, Even though Binance is leading in IEO launching.

Market conditions until early next year still seem to be difficult to expect an increase. maybe near the end of Q1 the market will start showing movement. and for this year speaking of BNB, $ 50 will still seem difficult.
try to see now BNB has decreased, almost all of the top 100 are bleeding due to bitcoin,
and strangely the dominance of bitcoin is getting higher, I don't know what happened

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December 19, 2019, 01:45:38 PM
 #462

The year is about to end and Price prediction is really hard specially knowing that altcoins price depends on the Bitcoin market.
Unless there is going to be a major event, Even though Binance is leading in IEO launching.

Market conditions until early next year still seem to be difficult to expect an increase. maybe near the end of Q1 the market will start showing movement. and for this year speaking of BNB, $ 50 will still seem difficult.
try to see now BNB has decreased, almost all of the top 100 are bleeding due to bitcoin,
and strangely the dominance of bitcoin is getting higher, I don't know what happened

Unfortunately, but it looks like BNB has broken support and falling to $5. There is no even historical support on the way.
$50 is definitely not possible. I think that now we should focus on looking for a new bottom.

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December 19, 2019, 02:23:14 PM
 #463

No, of course not, because now the BNB, like the whole market, looks very bad and at the moment the BNB price is about $13, I personally do not believe that even next year the BNB will reach $50.
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December 19, 2019, 02:25:45 PM
 #464



Unfortunately, but it looks like BNB has broken support and falling to $5. There is no even historical support on the way.
$50 is definitely not possible. I think that now we should focus on looking for a new bottom.
for the near future, of course, that won't be possible. especially for this year, it looks like it will be far from predictions. but in the long run, we will not know because BNB and Binance have updates and roadmaps in the future.









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December 19, 2019, 02:34:41 PM
 #465

the market is not in good condition all coins are down including BNB although currently BNB is included as a coin top and in position 8 in coinmarketcap
without support from market conditions it is impossible for BNB to reach $ 50 until the end of this year

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December 19, 2019, 02:51:10 PM
 #466

That time I thought BNB will reach $50 price, but in the month of July the wind was changed BNB was slowly going down and down until now still struggling. Well let's hope in the next year hoping BNB reaching $50.

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December 19, 2019, 03:40:05 PM
 #467

No, of course not, because now the BNB, like the whole market, looks very bad and at the moment the BNB price is about $13, I personally do not believe that even next year the BNB will reach $50.
That must be bitcoin and not BNB coin. BNB just follow what bitcoin does and no more. That is another non sense prediction. Hype for binance coin has ended and people are not buying a bunch of binance coin again to bet on ieo but they are only using it to get the discount fees on the binance exchange site. That's why i call that impossible thing.

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December 19, 2019, 03:55:59 PM
 #468



Unfortunately, but it looks like BNB has broken support and falling to $5. There is no even historical support on the way.
$50 is definitely not possible. I think that now we should focus on looking for a new bottom.
for the near future, of course, that won't be possible. especially for this year, it looks like it will be far from predictions. but in the long run, we will not know because BNB and Binance have updates and roadmaps in the future.

Yes, they have roadmap like most of projects and companies do.  However, no one can guarantee that the plan will succeed. Just that one of the ideas goes wrong and the $50 price will never be possible to achieve again. What is certain is that over the next few weeks $50 is unreachable. It will be much easier to reach the price of $5 right now.

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December 19, 2019, 05:01:16 PM
 #469



Unfortunately, but it looks like BNB has broken support and falling to $5. There is no even historical support on the way.
$50 is definitely not possible. I think that now we should focus on looking for a new bottom.
for the near future, of course, that won't be possible. especially for this year, it looks like it will be far from predictions. but in the long run, we will not know because BNB and Binance have updates and roadmaps in the future.

Yes, they have roadmap like most of projects and companies do.  However, no one can guarantee that the plan will succeed. Just that one of the ideas goes wrong and the $50 price will never be possible to achieve again. What is certain is that over the next few weeks $50 is unreachable. It will be much easier to reach the price of $5 right now.
Each project has a Roadmap, but in the case of the binance, these are primarily plans for the development of a cryptocurrency exchange, and there is no question of the price of BNB, since the price of this token will rise and fall solely within the framework of its demand for traders.  The fact is that today IEO projects have lost their relevance a bit and with them the price for BNB is missed.  It must be remembered that the price of BNB has risen along with the increasing popularity of IEO on the Binance exchange.  I already said that that period was very profitable for investing in this coin and, until recently, BNB had already reached its peak.

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December 19, 2019, 09:16:56 PM
 #470

The year is about to end and Price prediction is really hard specially knowing that altcoins price depends on the Bitcoin market.
Unless there is going to be a major event, Even though Binance is leading in IEO launching.

BNB have nothing major event in this year. so, it would be harder to get pump cause news.
I look based on coinmarketcap, spread crypto news, there is nothing interesting.

so, I think, BNB would still be around $ 15 in this year, which 10 days left.
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December 19, 2019, 09:42:37 PM
 #471

There is no much space left for reaching the $50, as we can see. The probability of hitting $50 per BNB is very very low, even at the level of next to impossible. The good sides always are there but the disadvantages of centralized exchanges will not let the BNB surpass the current resistance levels, from my trading experience.

It can hit the $100 for the next decade, in the worst case.

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December 19, 2019, 10:18:17 PM
 #472

There is no much space left for reaching the $50, as we can see.
only 10 freakin days left and we are going to end the year with a bang , i dont think these last 10 days will be enough for the bnb to climb 50 usd .

Quote
It can hit the $100 for the next decade, in the worst case.
worst case ? why you call it worst case when this coin hit 100 usd  ?  you should be happy if that happen if that what you wanted for this coin to happen   . i dont hold this coin so its okay for me no matter what price will it end up but im far more concernd on other altcoins and of course bitcoin  .
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December 20, 2019, 01:17:59 AM
 #473

worst case ? why you call it worst case when this coin hit 100 usd  ?  you should be happy if that happen if that what you wanted for this coin to happen   . i dont hold this coin so its okay for me no matter what price will it end up but im far more concernd on other altcoins and of course bitcoin  .
What he means by worst case is he must waiting for long time before his investment increased. But if BNB token really can up to $100, you must be happy since it's increased around 669% from atm price. Not a bad idea to earn 6x from now for the next 10 years
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December 20, 2019, 01:47:59 AM
 #474

It can hit the $100 for the next decade, in the worst case.
worst case ? why you call it worst case when this coin hit 100 usd  ?  you should be happy if that happen if that what you wanted for this coin to happen   . i dont hold this coin so its okay for me no matter what price will it end up but im far more concernd on other altcoins and of course bitcoin  .
10 years is too long for cryptocurrency, which is very volatile asset. it may already passed 2 cycles in 10 years

beside that, $ 100 is too low for BNB if altseason happens, we all know that altcoin will be crazy. it is possibily to hit more

so, that's why he means that if waiting $ 100 for 10 years is the worst case IMO.
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December 20, 2019, 02:28:00 AM
 #475

It can hit the $100 for the next decade, in the worst case.
worst case ? why you call it worst case when this coin hit 100 usd  ?  you should be happy if that happen if that what you wanted for this coin to happen   . i dont hold this coin so its okay for me no matter what price will it end up but im far more concernd on other altcoins and of course bitcoin  .
10 years is too long for cryptocurrency, which is very volatile asset. it may already passed 2 cycles in 10 years

beside that, $ 100 is too low for BNB if altseason happens, we all know that altcoin will be crazy. it is possibily to hit more

so, that's why he means that if waiting $ 100 for 10 years is the worst case IMO.


We might hit that price but altcoins are not BTC where the demand is for everyone.
BNB might already have their own change but it's not as successful as BTC's blockchain, still their exchange is what makes them valuable but we don't know what would happen in the future, hacking is possible again and they might be hit again, so we should also consider that risk.

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December 20, 2019, 10:01:44 AM
 #476

Alright at first i thought it will happen at the EOY of 2019

But seems like the recent dump actually prove it wrong
BNB is not going to $50 this year
I guess one of the particular reason is that no people are able to absorb that huge pressure from the plustoken big sells off
Its really a huge pressure towards the market
Furthermore, with the bearish sentiment from the price
It is like double bearish effect on both fundamental and technical

When Bitcoin price don't go up, most of the alts won't really move especially binance actually DID move in the first 2 Quarter
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December 20, 2019, 12:27:07 PM
 #477

It can hit the $100 for the next decade, in the worst case.
worst case ? why you call it worst case when this coin hit 100 usd  ?  you should be happy if that happen if that what you wanted for this coin to happen   . i dont hold this coin so its okay for me no matter what price will it end up but im far more concernd on other altcoins and of course bitcoin  .
10 years is too long for cryptocurrency, which is very volatile asset. it may already passed 2 cycles in 10 years

beside that, $ 100 is too low for BNB if altseason happens, we all know that altcoin will be crazy. it is possibily to hit more

so, that's why he means that if waiting $ 100 for 10 years is the worst case IMO.


We might hit that price but altcoins are not BTC where the demand is for everyone.
BNB might already have their own change but it's not as successful as BTC's blockchain, still their exchange is what makes them valuable but we don't know what would happen in the future, hacking is possible again and they might be hit again, so we should also consider that risk.
but if their exchanges can grow well then it is possible BNB will reach that price, so I think BNB will be able to reach that price but maybe in a different way from bitcoin
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December 20, 2019, 06:37:24 PM
 #478

It can hit the $100 for the next decade, in the worst case.
worst case ? why you call it worst case when this coin hit 100 usd  ?  you should be happy if that happen if that what you wanted for this coin to happen   . i dont hold this coin so its okay for me no matter what price will it end up but im far more concernd on other altcoins and of course bitcoin  .
10 years is too long for cryptocurrency, which is very volatile asset. it may already passed 2 cycles in 10 years

beside that, $ 100 is too low for BNB if altseason happens, we all know that altcoin will be crazy. it is possibily to hit more

so, that's why he means that if waiting $ 100 for 10 years is the worst case IMO.


We might hit that price but altcoins are not BTC where the demand is for everyone.
BNB might already have their own change but it's not as successful as BTC's blockchain, still their exchange is what makes them valuable but we don't know what would happen in the future, hacking is possible again and they might be hit again, so we should also consider that risk.
Yes, we don't know what will happen in the future but there are some situations of the market that are certainly glaring and one's don't need to do any analysis before knowing what will happen thats what I see about BNB not clinching the $50 price range before the end of this year.
I think we need to face the fact about the market and leave the optimistic act aside.

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December 20, 2019, 07:02:12 PM
Last edit: December 21, 2019, 02:05:17 AM by scambust
 #479

Could reach $50 this coming year though. Because Binance is one of the popular crypto exchange and has posted one of the largest revenue during the bull run of 2017. If another bullrun happens, be sure to buy BNB.

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