Spartacus1971 (OP)
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May 30, 2019, 11:36:47 AM |
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The year of 2017 was fantastic for the crypto markets, led by Bitcoin with 20x gains, while many altcoins gained even more: Of the major ones, Ethereum had outperformed, as it became the “coin of the ICOs.” Thanks to the Ethreum blockchain based ERC-20 token mechanism, projects could easily raise funds in ETH via their ERC-20 ICO smart contracts.
We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.
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VanDeinsberg12
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May 30, 2019, 02:40:03 PM |
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Only some platforms are raising the funds from binance and binance was putting a very strict requirements and have you analyzed the fact that 80% of icos are still using ethereum and bitcoin to raised the funds in another exchange site or launch pad platform?
I thought that it doesn't look similar for me.
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consideritdone
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May 30, 2019, 03:52:15 PM |
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a lot of tokens will be issued on BNB, to that sense yes But it wont repeat 2017 feeling for sure, the ico market has passed on and i would count bnb as already successful as its now a new high of $33! https://www.coingecko.com/en/coins/binance-coin
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mk4
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Paldo.io 🤖
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May 30, 2019, 04:01:42 PM |
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While both can be used for fundraising, they still have significant differences. Fundraising on Ethereum is more decentralized, while fundraising on the Binance platform is no doubt purely centralized. I'm pretty sure some people still prefer the former than the latter.
Along with that, take note that ICOs isn't the only thing that Ethereum is trying to do.
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Reid
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May 30, 2019, 09:36:05 PM |
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I will still pick Ethereum though.
Yes BNB have gained a lot of buyers, thanks to Binance non-stop great customer service which we all loved. I didn't experience that kind of better service than poloniex or other exchange. They all take so much time before I could even get the results of my query. I guess Binance saw thru that and that is why it was created. BnB is a bonus. Lower trading fees and for a lot of times there is no payment by just using BNB.
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dimonstration
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May 30, 2019, 09:59:07 PM |
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They both have different functions and attract on the market,since crypto fluctuates too much, does ETH and BNB, quite good in binance is there working team or company that is able to resolve the issues and queries right in time and been more active than before. ETH is differ in function of BNB but still a good platform to use in creating projects. ETH is also increasing now, maybe not as fast as it was in 2017 but might only need some push to move more.
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Oilacris
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May 30, 2019, 10:20:18 PM |
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Not to be too negative with BNB but I don't see any reason why would this Coin would be always compete or trying to compare with ETH?
They might have similarities but people would always prefer on one of the oldest and innovational coin like ETH.
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jazmuzika217
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May 30, 2019, 10:26:05 PM |
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This two coins have their own differences ethereum is a lot more advantages compare to BNB and people/investor still picking ethereum that why its the no. 2 altcoin in cmc. In other hand BNB has a lot of improvement and project in the market like IEO in their launchpad now CZ release the margin beta test which give a good impact to the price.
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arbiter5
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The Nomad
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May 31, 2019, 03:10:57 AM |
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If you think BNB is going to be the next ETH, then I feel sorry for you. I'm not saying that ETH is decentralized, but BNB is the perfect dictionary definition of centralized.
Also, ChangPeng Zhao, which is the owner and founder of Binance, is one shady fucker that's behind so much publicity stunts. I don't know how people don't see this. I really won't be surprised if this dude is doing a lot of illegal stuff in private; besides his pump and dumps.
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"The cybereconomy could well be the greatest economic phenomenon of the next thirty years." — The Sovereign Individual
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binhvo1505
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https://streamies.io/
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May 31, 2019, 03:59:37 AM |
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The year of 2017 was fantastic for the crypto markets, led by Bitcoin with 20x gains, while many altcoins gained even more: Of the major ones, Ethereum had outperformed, as it became the “coin of the ICOs.” Thanks to the Ethreum blockchain based ERC-20 token mechanism, projects could easily raise funds in ETH via their ERC-20 ICO smart contracts.
We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.
We have seen the success of Binance in the past and it is one of the factors that makes the market go up. We should be grateful to Binance's strategy, which attracts a lot of outside investors into the crypto market. but BNB is still BNB and it cannot be compared with ETH. we can compare with its progress and I find it to be quite similar to ETH. that is worthy of BNB, they have come up with a great strategy at a time when the market is in recession.
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Remainder
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May 31, 2019, 04:51:36 AM |
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Hoping for that as somehow I was able to invest in BNB as well. ETH having a huge success in 2017 but it was not only ETH which is successful as that time as a bull run for all. If we dream for a good return, maybe we can dream bigger like having a success of XRP in 2017 as it's bigger than ETH.
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emmybd
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May 31, 2019, 06:00:15 AM |
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BNB would definitely be the best coin after bitcoin this year, as there have been a lot of positive developments about Binance, so the price of its coins BNB has been increasing sharply. It may get $100 in a few months time.
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onrise
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May 31, 2019, 06:05:55 AM |
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Hoping for that as somehow I was able to invest in BNB as well. ETH having a huge success in 2017 but it was not only ETH which is successful as that time as a bull run for all. If we dream for a good return, maybe we can dream bigger like having a success of XRP in 2017 as it's bigger than ETH.
BnB was always on the cards for the pickup as it has huge scope for the future growth as binance has played very smartly by introducing their own coin on their own exchange and as a result they are making a huge money in the process as well .
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traderethereum
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May 31, 2019, 06:19:06 AM |
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BNB is not the same as ETH, and if BNB can be like ETH, then it will give benefits to us especially if we have a big amount of BNB because BNB has a chance to increase higher like ETH. But we don't know when BNB can increase higher, and we could still buy more and more BNB if you believe. BNB still need to wait for some time to beat ETH because today, BNB still at the position 7 in CMC and it's not easy to beat every coin on that list.
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Caladonian
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May 31, 2019, 06:29:14 AM |
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While both can be used for fundraising, they still have significant differences. Fundraising on Ethereum is more decentralized, while fundraising on the Binance platform is no doubt purely centralized. I'm pretty sure some people still prefer the former than the latter.
Along with that, take note that ICOs isn't the only thing that Ethereum is trying to do.
From that position, I do agree that decentralized system still working for ETH fundraising as you don't need to provide personal information just to acquire investment even you'll going to invest higher amount of money from the project that you are going to support, and yes there's also working product that eth is trying to provide aside from catering new ICO's tokens. Can't say that binance can be called as ETH of 2017, they've got different approaches and different supporters.
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Astvile
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May 31, 2019, 06:41:07 AM |
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BNB still has a long way to go to be compared to ETH,there is still 4 big coins BNB needs to surpass before you can compare BNB to ETH.ETH being number 2 in the CMC shows how stronger it is compared to BNB.Well we will see in the future years if BNB competition against ETH is worth discussing if BNB will still continue to rise on rankings
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jrrsparkles
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Eloncoin.org - Mars, here we come!
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May 31, 2019, 06:50:01 AM |
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The year of 2017 was fantastic for the crypto markets, led by Bitcoin with 20x gains, while many altcoins gained even more: Of the major ones, Ethereum had outperformed, as it became the “coin of the ICOs.” Thanks to the Ethreum blockchain based ERC-20 token mechanism, projects could easily raise funds in ETH via their ERC-20 ICO smart contracts.
We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.
But the difference is there were thousands of ICOs lauched in 2017 but on IEO there ight be very few so don't compare BNB with ETH,still it may gain more popularity but the potential level of BNB can't compared with ethereum just because of fundraising usage.
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dentolas
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May 31, 2019, 07:21:15 AM |
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ETH has become the ICO coin, and unfortunately this has also brought a bad side, and now we have tokens popping around everywhere and ICOs are dying ... I think BNB will not be used in the same way, as Binance will not allow the cahos to settle in and I think their objective is to be more selective and strick, bringing more trust to the platform and their token... I don't think we will ever see it being "over-used" like ETH
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Gaff
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May 31, 2019, 07:56:26 AM |
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While both can be used for fundraising, they still have significant differences. Fundraising on Ethereum is more decentralized, while fundraising on the Binance platform is no doubt purely centralized. I'm pretty sure some people still prefer the former than the latter.
Along with that, take note that ICOs isn't the only thing that Ethereum is trying to do.
From that position, I do agree that decentralized system still working for ETH fundraising as you don't need to provide personal information just to acquire investment even you'll going to invest higher amount of money from the project that you are going to support, and yes there's also working product that eth is trying to provide aside from catering new ICO's tokens. Can't say that binance can be called as ETH of 2017, they've got different approaches and different supporters. Indeed, bnb still have to gain such reputations as what eth had for the past years. Their supporters have different outlook towards how it could create a better future on their community. However, considering the fact that it really soar higher it doesn't mean it will surpassed eth valuable price. Although BNB's demand continued to rise, I don't think it will work the same as eth legacy because it cannot overtake what's with ethereum transaction specially on different token contracts that supports the entire community.
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sujonali1819
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Need Campaign Manager?PM on telegram @sujonali1819
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May 31, 2019, 08:01:37 AM |
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Both are similar to me by one side. That is the popularity and constantly rising in price. Now the BNB price is increasing constantly like eth 2017. Though many new project are launching by BNB launchpad and ETH based but one different between them that BNB platform is totally centralised and ETH is decentralised.
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calya
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May 31, 2019, 08:38:12 AM |
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Both are similar to me by one side. That is the popularity and constantly rising in price. Now the BNB price is increasing constantly like eth 2017. Though many new project are launching by BNB launchpad and ETH based but one different between them that BNB platform is totally centralised and ETH is decentralised.
bnb price growth very impressive this year.it like ethereum price movement on 2017.and we hope it will not stop on current price.investors still make big hope bnb coins could reach $100 this year.
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LimLims
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May 31, 2019, 08:40:12 AM |
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I too can see decent movement in BNB. But to be honest I do not like the coin. The reason maybe clear and honest. As it's a coin by exchange then its marketcap would be more, for which the price will fluctuate a lot. And for this there maybe a chance of huge increase in the coin. Thereby making it the ETH of the year 2017.
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Kiweikoo
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May 31, 2019, 09:34:17 AM |
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While both can be used for fundraising, they still have significant differences. Fundraising on Ethereum is more decentralized, while fundraising on the Binance platform is no doubt purely centralized. I'm pretty sure some people still prefer the former than the latter.
Along with that, take note that ICOs isn't the only thing that Ethereum is trying to do.
No doubt both are doing great in the crypto industry but there are differences between the BNB and ETH. Similarities are not much but differences exist and that is why BNB has its price while ETH has its own. Binance coin is centralized while Ethereum is not centralized and both are them are using for fundraising. The current price of Ethereum is again showing the bullish trend of 2017 happened in past.
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rizkyhiw
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May 31, 2019, 10:04:06 AM |
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Ethereum is still the main target in investment because they already have a broad community with decentralization that happens to Ethereum, the IEO may be used a lot now with Binance who might use BNB as a fundraising tool but I'm not sure it will always be as extraordinary as Ethereum, after holding the ICO so broad, let's just wait because the IEO is also an extraordinary innovation with many people waiting for something good to happen.
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MrPiggles
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Decentralized Ascending Auctions on Blockchain
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May 31, 2019, 11:50:45 AM |
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Both are similar to me by one side. That is the popularity and constantly rising in price. Now the BNB price is increasing constantly like eth 2017. Though many new project are launching by BNB launchpad and ETH based but one different between them that BNB platform is totally centralised and ETH is decentralised.
bnb price growth very impressive this year.it like ethereum price movement on 2017.and we hope it will not stop on current price.investors still make big hope bnb coins could reach $100 this year. Achieving $100 depends on this market and I believe BNB will do it when Bitcoin reaches $10,000 later this year. This is considered the most profitable coin in the last 2 months and many people are holding long-term this coin in the hope of gaining higher profits in the near future. I am personally holding more than 1000 BNB and will continue to hold until the end of this year or more
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mk4
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Paldo.io 🤖
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May 31, 2019, 03:28:29 PM |
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ETH has become the ICO coin, and unfortunately this has also brought a bad side, and now we have tokens popping around everywhere and ICOs are dying ...
The thing though is, I think the ICO functionality of ETH is actually decent. It's just that people are taking advantage of the hype and make scammy ICOs solely to make money. Because of that, are we really going to blame the Ethereum platform for that? It's mostly the people, the gullible "investors" faults that these scammy ICOs earned money in the first place.
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Kemarit
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May 31, 2019, 06:55:02 PM Last edit: May 31, 2019, 09:14:08 PM by Kemarit |
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The year of 2017 was fantastic for the crypto markets, led by Bitcoin with 20x gains, while many altcoins gained even more: Of the major ones, Ethereum had outperformed, as it became the “coin of the ICOs.” Thanks to the Ethreum blockchain based ERC-20 token mechanism, projects could easily raise funds in ETH via their ERC-20 ICO smart contracts.
They are totally different though, we can't really compare what 2017 did bring to us. I mean, that time the market is fairly new, majority didn't even know what bull run is, that's why they just throw around money on ICO's. We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
The thing with ICO's is that they're decentralize in nature (taken advantage o scammers), while the IEO (like Binance did) is totally not the same. So I wouldn't compare them at all. Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.
But when Bitcoin started to goes down in early 2018, ETH and XRP stared to increased and even reaches their all-time-high (ATH).
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Oceat
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May 31, 2019, 11:38:59 PM |
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BNB is just being hyped that's why it's gaining a lot of investors to get in but it is not really the thing unlike Ethereum since it is widely used for ICOs and is decentralized while BNB, on the other hand, is purely centralized no doubt on that. Some of us will prefer Ethereum instead of BNB because of its unique attribute and some will prefer BNB. Well, it's up to them but i choose ETH.
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3996
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MIner1448
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June 01, 2019, 05:34:35 AM |
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I prefer Ethereum, I agree Binance has done a lot for the growth of BNB, but still it is an exchange, albeit with a positive rating, but there are risks, because it is a centralized community, and the main idea of the blockchain is decentralization.
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Question123
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June 01, 2019, 05:39:22 AM |
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Ethereum pricce was $1400 in the year 2017 so do you think Binance coin will hit that? Maybe no for this year but maybe soon like after 2 to 3 years. Maybe let focus right now for how the Binance can reach $100 after that we predict the thousands of dollars. It's look like ethereum but it's not actually ethereum but both potential and if we comparing more potential ethereum will chosen by the majority.
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anggi
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June 01, 2019, 06:37:44 AM |
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Ethereum pricce was $1400 in the year 2017 so do you think Binance coin will hit that? Maybe no for this year but maybe soon like after 2 to 3 years. Maybe let focus right now for how the Binance can reach $100 after that we predict the thousands of dollars. It's look like ethereum but it's not actually ethereum but both potential and if we comparing more potential ethereum will chosen by the majority.
besides, the two coins have different functions. ETH's potential is still very large at this time. even though the BNB does have the potential to have high prices, I don't think that the price can exceed ETH. well, but all possibilities can happen.
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GreenStox
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June 01, 2019, 07:48:34 AM |
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Ethereum pricce was $1400 in the year 2017 so do you think Binance coin will hit that? Maybe no for this year but maybe soon like after 2 to 3 years. Maybe let focus right now for how the Binance can reach $100 after that we predict the thousands of dollars. It's look like ethereum but it's not actually ethereum but both potential and if we comparing more potential ethereum will chosen by the majority.
binance is still far behind with ethereum the chance of binance coin to defeat ethereum is very small, because ethereum has a platform that is greater than binance, binance will not be able to defeat ethereum.
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abstractednerve
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June 01, 2019, 11:15:03 AM |
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Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
You should rephrase this sentence as you posted this thread in May, not in March! But I got your point! BNB is doing well more than expectation! By following their Launchpad policy, BNB holding monthly airdrop reward and their own binance chain, I think BNB price will hit 100 USD within this year. And, if that happens that means BNB price will be higher than ETH in 2017! I moved out from NEO and now I am eagerly looking at the Binance coin and I hope this year can be the BNB coin year!
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Adriano2010
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June 01, 2019, 01:51:28 PM |
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Is similar the grow but i don't think will happen to have same price even in a bull run, but on a bull run we can have almost that price we had on 2017 for ETH.
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wuvdoll
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June 01, 2019, 02:27:49 PM |
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I hope not, eth got low after a while and we have not seen eth recover as much as we want it to recover ever since, it went as low as 80 dollars if I am not wrong and is way above that now but we want it to be above 1000 dollars at least which its not even close.
If bnb going to have the year eth will have I am really hoping it will not go down afterwards, I do not want to see bnb going above 100 dollar eventually only to go back down as little as less than 10 dollars, it is counterproductive, it makes some people lose money and not even try to buy bnb ever again, some eth investors are just looking to get out and not invest ever again, that feeling is something we can't afford with all coins we have, not bnb not any coin else. That is why I think it is highly important that we protect bnb from falling more importantly than help it go higher.
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Ochakemaput
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June 01, 2019, 02:30:59 PM |
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Is similar the grow but i don't think will happen to have same price even in a bull run, but on a bull run we can have almost that price we had on 2017 for ETH.
I think it is still long, and the market growth that is happening now is not as big as what happened in 2017. We see the market now growing slowly, not too much crypto adoption, this adoption should be stronger when bitcoin rises, but what happens is not too high.
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pageraji
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June 01, 2019, 02:37:39 PM |
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I think BNB in some ways look like ethereum but not have smartcontract like erc20token, if binance keep looking for good and legit IEO its possible in several years this coin is the next ethereum
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sehoon
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June 01, 2019, 02:44:12 PM |
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ETH approach things in a more decentralized manner while BNB approach is more on centralized obviously. Both are doing well I think but I think I will still choose ETH over BNB since ETB already proved a lot of things. They have different products but I am not going to disregard the effort of BNB on becoming one of the best exchange sites. But BNB replacing Ethereum could also happen.
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vasrasus
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June 01, 2019, 10:35:19 PM |
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This year BNB is really doing a good progress despite of being hacked and been throwed many scam issues, yet they still the most performing and secured exchange ever been in crypto. ETH in the other hand already shows it use and potential that leads ATH in year 2017, both having different uses is needed in these crypto market. It's good to have both still.
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OrangeSeller
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June 03, 2019, 05:59:47 AM |
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ETH has become the ICO coin, and unfortunately this has also brought a bad side, and now we have tokens popping around everywhere and ICOs are dying ...
The thing though is, I think the ICO functionality of ETH is actually decent. It's just that people are taking advantage of the hype and make scammy ICOs solely to make money. Because of that, are we really going to blame the Ethereum platform for that? It's mostly the people, the gullible "investors" faults that these scammy ICOs earned money in the first place. BNB is the Binance coin which is now a days more popular in the crypto industry but it is quite difficult to say that it is the Ethereum of 2017 because Ethereum has its own movement and showoffs. Unlike Ethereum the Binance coin is popular now days and many people are investing in it. Ethereum is also showing resistance and follows the uptrend but it will take time to gain its 2017 conditions.
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eagle10
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June 03, 2019, 06:08:08 AM |
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They are two different coins. I don't think it is fair for both of them to compare. Binance's BNB is very useful in binance trading platform it is launch by binance only while the ethereum is useful in many aspects of token usefulness. For me, I will still choose ethereum for universal use.
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DarkIT
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June 03, 2019, 06:24:08 AM |
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They are two different coins. I don't think it is fair for both of them to compare. Binance's BNB is very useful in binance trading platform it is launch by binance only while the ethereum is useful in many aspects of token usefulness. For me, I will still choose ethereum for universal use.
I agree with this. however, these two coins have quite different functions. in terms of prices, maybe the BNB can be like ETH in 2017, but in terms of functionality, of course both of these coins have far different functions. it is very difficult for a BNB to have a price of over a thousand dollars, but it might reach hundreds of dollars.
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GregH37
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June 03, 2019, 07:39:44 AM |
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Ethereum is still the main target in investment because they already have a broad community with decentralization that happens to Ethereum, the IEO may be used a lot now with Binance who might use BNB as a fundraising tool but I'm not sure it will always be as extraordinary as Ethereum, after holding the ICO so broad, let's just wait because the IEO is also an extraordinary innovation with many people waiting for something good to happen.
What makes you think binance will not be an extra ordinary as Ethereum? Fine you talked about ethereum having a broad community for now, which is fine, but if they don’t have more impressive products to offer, they might not be able to sustain the community. Aside that, old community will not always be there for them at every point, they need fresh bloods injected into the community and the way they have been getting that has been through the ICO, now that ICO is almost at dead end except being revived, and IEO is becoming very popular, don’t you think those new people will all migrate to Binance?
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Kiweikoo
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June 03, 2019, 08:02:00 AM |
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Both are similar to me by one side. That is the popularity and constantly rising in price. Now the BNB price is increasing constantly like eth 2017. Though many new project are launching by BNB launchpad and ETH based but one different between them that BNB platform is totally centralised and ETH is decentralised.
bnb price growth very impressive this year.it like ethereum price movement on 2017.and we hope it will not stop on current price.investors still make big hope bnb coins could reach $100 this year. Achieving $100 depends on this market and I believe BNB will do it when Bitcoin reaches $10,000 later this year. This is considered the most profitable coin in the last 2 months and many people are holding long-term this coin in the hope of gaining higher profits in the near future. I am personally holding more than 1000 BNB and will continue to hold until the end of this year or more I think BNB is far quick and advanced that ETH of 2017. ETH gained high value when it was I think three years old and BNB is not three years old but the acceleration of its growth is pretty great and I think it is going to outshine ETH but you might disagree as well because this is my personal opinion about BNB keeping in mind the growth of the coins.
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FoBoT
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June 03, 2019, 08:50:42 AM |
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From the release of the binance launchpad and their own mainnet we can liken BNB to ETH in so many ways but comparing BNB to BTC is a fantasy dreams.
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$anounimus$
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June 03, 2019, 10:18:16 AM |
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From the release of the binance launchpad and their own mainnet we can liken BNB to ETH in so many ways but comparing BNB to BTC is a fantasy dreams.
well, it doesn't hurt if a lot of people dream like that, just like a binance platform that starts from a dream and can now develop and compete with ethereum.
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Johnzky
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June 03, 2019, 10:36:35 AM |
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It’s too early to tell since the popularity of ethereum is still tagged in the market,but I don’t belittle the capacity of Binance(though the recent hacking has break many things towards the exchange.i think in the next 3-5 years then we can tell about how far BNB got and if it’s comparable to what ETh reached on the sane years
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armarsterling7
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June 03, 2019, 11:11:47 AM |
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a lot of tokens will be issued on BNB, to that sense yes But it wont repeat 2017 feeling for sure, the ico market has passed on and i would count bnb as already successful as its now a new high of $33! https://www.coingecko.com/en/coins/binance-coin Its price will increase. Previously Binance decided to burn the token as planned and it seems that Binance is looking to be a Bitcoin. He is creating deflation and their hold tokens will soon be rich in the future. I really believe in CZ's strategy, he is very smart and is collecting most investors of the crypto market for exchange and his token.
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Dpat
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June 03, 2019, 11:32:04 AM |
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BNB is the BNB and it will never going to be Ethereum because ETH blockchain has the features where the other decentralised apps are created and the token on that blockchain. But, BNB is only representing the Binance coin which is evolved for the Binance community for the easy payment solution.
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arjuna BTC
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June 03, 2019, 02:00:43 PM |
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From the release of the binance launchpad and their own mainnet we can liken BNB to ETH in so many ways but comparing BNB to BTC is a fantasy dreams.
even BNB now run on its own chain and a lot of good project born with IEO on binance launchpad but i believe this BNB will never be like eth in 2017 mate Eth was better than BNB, in the past now or in the future
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aderidwan98
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June 03, 2019, 02:43:25 PM |
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It's possible, because BNB is a good coin, with the best performance from other coin coins, because when other coin prices go down, the BNB actually shows its quality, and may be able to match ETH in 2017
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Fredomago
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June 03, 2019, 04:26:48 PM |
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It's possible, because BNB is a good coin, with the best performance from other coin coins, because when other coin prices go down, the BNB actually shows its quality, and may be able to match ETH in 2017
Always have a chance as this coin simply moving forward and keeps on providing aside from the exchange they have other things to offer to attract investors and traders to follow the project and make good growth and compete with all those coins inside cryptocurrency not only for ETH but also to every single coins that have the same goals.
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nizar93
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June 03, 2019, 04:36:11 PM |
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even BNB now run on its own chain and a lot of good project born with IEO on binance launchpad but i believe this BNB will never be like eth in 2017 mate Eth was better than BNB, in the past now or in the future all projects have their own roles and concepts. ethereum has the function of their own platform as well as the BNB has a function as a binary exchange coin. of course the development will also influence the development of the binance platform. because of that, I don't think there will be anything better now or in the future. all will be good in their own portion.
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livingfree
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June 03, 2019, 04:44:08 PM |
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even BNB now run on its own chain and a lot of good project born with IEO on binance launchpad but i believe this BNB will never be like eth in 2017 mate Eth was better than BNB, in the past now or in the future Yes it runs now on its own chain and is being developed well because of the success that it is getting today. I'm also against of comparing these two for now but if ever ETH goes on PoS soon, we'll see on how it will affect the coin. BNB has a lot of advantage if you're ever trading on their exchange, while having ETH, it also has a lot of use but it's mostly for development and building up a new project. But it seems to be not echoing anymore.
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The Sceptical Chymist
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June 03, 2019, 04:50:01 PM |
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While both can be used for fundraising, they still have significant differences. Fundraising on Ethereum is more decentralized, while fundraising on the Binance platform is no doubt purely centralized.
From what little I understand of BNB, I'd have to agree with you here. And frankly I don't see what the big deal is about BNB or why it's being compared to ETH--and this isn't the first thread that I've seen this done in. Sounds to me like a pump and dump attempt with BNB, because everything people are saying or asking about the coin looks like every other P&D attempt I've ever read. But hey, I could be completely ignorant and BNB could be the ETH-killer. I seriously doubt it, though. My vote would be for NEO on that count, but I'm biased because I own some NEO. (lol) And also, I can never get a straight answer as to why BNB is so important in threads like this, because they're so infested with shitposts that add nothing and answer no questions. Very frustrating. BNB has a lot of advantage if you're ever trading on their exchange
I trade on Binance and I don't see what the advantage is of owning BNB aside from the fact that you can convert small balances into it. I actually like that feature very much.
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kamudd
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June 03, 2019, 05:51:40 PM |
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I don't know, I can't determine that. Like in 2018, many people assume that the Neo is the next Ethereum but what happens is Neo is unable to keep up with ethereum. So is the current one
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EdenHazard
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June 03, 2019, 06:14:40 PM |
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Probably not, I like BNB because has been changing a lot of negative someone's view to cryptocurrency. Also, their trading platform has been growing up per months and per years. I still remember when its price $15 a year ago and now its price has been increasing more then half for its original price. More and more newcomers who uses BNB for trading and an investment place then I believe its price will overtake ETH in the future. Although, I doubt with it because the creator of ETH still active to develop ETH system and make their holder convince the ETH price will touch the new ATH.
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sabine80
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June 04, 2019, 03:14:18 AM |
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i think bnb is very interesting, but he is not the ethereum killer, in my opinion. as long as ethereum continues to have so many users, it will probably continue to be ahead of bnb. that may all change in the next few years, but so far it does not look like it.
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snowblack
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June 04, 2019, 04:36:43 AM |
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The year of 2017 was fantastic for the crypto markets, led by Bitcoin with 20x gains, while many altcoins gained even more: Of the major ones, Ethereum had outperformed, as it became the “coin of the ICOs.” Thanks to the Ethreum blockchain based ERC-20 token mechanism, projects could easily raise funds in ETH via their ERC-20 ICO smart contracts.
We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.
I hope so. Binance policy: " If you want to buy IEO, you have to hold a mount of BNB for a period of time". This policy will hold price of BNB stability even when market down trend.
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nothing in here!
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didzi
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June 04, 2019, 02:09:14 PM |
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It's possible, because BNB is a good coin, with the best performance from other coin coins, because when other coin prices go down, the BNB actually shows its quality, and may be able to match ETH in 2017
well if we talk about the possibility, everything will be possible mate but, i think bnb is just like xrp, so this coin is not pure decentralized crypto , because of that i believe this coin will never beat or same with eth in 2017
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HichemFetoui
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June 05, 2019, 02:03:47 AM |
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Yes I think bnb can easily replace ethereum in the initial offering of new coin but it's a so hard to replace ethereum as the first smart contract coin in the market good luck for all
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beerlover
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June 08, 2019, 03:26:54 PM |
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Ethereum also had dapp availability and BNB hasn't got that yet but BNB has the transaction lowerer thingy that it has which makes people earn more on avarage if they are day traders since if you do tens of trades everyday in the long run having a lot of bnb really worths a lot since you save a lot from the fee reduction. So ask yourselves if bnb fee reduction worths more or dapps worth more.
Now some people may think that dapps are a new thing and they are really growing and all coins try to make their own versions and it worths a lot for people now with now cryptokitties are becoming even second news compared to all other new ones. However I think even with that bnb helps traders save so much money because binance is used so much that I think fee reduction is still better than dapp. That shows bnb is a "better eth" for us.
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nanaimogold
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June 08, 2019, 04:47:57 PM |
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Yes I think bnb can easily replace ethereum in the initial offering of new coin but it's a so hard to replace ethereum as the first smart contract coin in the market good luck for all
Binance and bnb is now at the center of everything cryptocurrency this year like Ethereum was for ICO projects in 2017 and 2018. From IEO to Exchange Listings to Binance Chain and so on
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ChaoChibai
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June 08, 2019, 10:45:36 PM |
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i think bnb is very interesting, but he is not the ethereum killer, in my opinion. as long as ethereum continues to have so many users, it will probably continue to be ahead of bnb. that may all change in the next few years, but so far it does not look like it.
I also think the same way, because Ethereum is the older one so it has so many users and better credibility. But I know that crypto is so dynamic so it might be possible that bnb be ahead of eth in the future but maybe not this year.
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romero121
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June 08, 2019, 11:00:53 PM |
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Ethereum and BNB were completely different in my view, because during the days of 2017 ethereum served to be the source for making and investment on ico's as majority were on the ethereum smart contract platform. Now the existence of IEO and its success has made exchange based tokens to flourish as it is the only asset paired for investing in the respective IEOs launched periodically. This keeps the volume good, following is the growth.
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Sendi blackspade team
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June 09, 2019, 03:15:34 PM |
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I also think the same way, because Ethereum is the older one so it has so many users and better credibility. But I know that crypto is so dynamic so it might be possible that bnb be ahead of eth in the future but maybe not this year.
I think ethereum will still be the best. BNB does have good platform support, but like all platforms sometimes they experience problems and that can have an impact on the market price of their coins. ethereum with its own chain as well as BNB with their own chains. they will grow together in the crypto market.
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oseikuf44
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June 09, 2019, 06:57:06 PM |
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BNB can never been equal to Ether in any dimension. BNB derive it strength from Ethereum blockchain. Besides the projects running on Ethereum blockchain is far more then on Binance Exchange which utilize the use of BNB.
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trickyriky
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June 11, 2019, 05:17:53 PM |
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It will be not correct to compare these cryptocurrencies, although as I see, BNB is going to become one of the market leaders. probably, it is worth investing in it now as soon the price of Binance coin will go to the Moon.
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heni_april
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June 11, 2019, 05:29:22 PM |
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It will be not correct to compare these cryptocurrencies, although as I see, BNB is going to become one of the market leaders. probably, it is worth investing in it now as soon the price of Binance coin will go to the Moon.
but the situation is different from 2017. maybe people will think BNB will reach the highest prices like ETH in 2017. The BNB will still continue to grow, but it will wait for their blockchain development and wait for the market to improve better.
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Wolfwar
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June 11, 2019, 06:56:10 PM |
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unambiguously In order to achieve results ethereum, Binance must overcome other competitors in the cryptocurrency market. I think that binance is the main competitor not ethereum, but the ico market company, because it is IEO that today attracts more investors. That's just such opportunities will not be able to fully use all the developers of new projects. Not for all these conditions are achievable.
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Makkara
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June 11, 2019, 08:01:05 PM |
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The only one making money out of these IEO are going to be the exchanges themselves and this is all i have to sy about thi old repackaged crap
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South Park
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June 11, 2019, 10:11:47 PM |
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The only one making money out of these IEO are going to be the exchanges themselves and this is all i have to sy about thi old repackaged crap
I think the same, it seems everyone is excited with the new model of IEO replacing the ICO model but while there are some differences between the models, the truth is that most projects do not really have an use case and without that no coin can survive for the long term, and while you could get some money out of those tokens if you speculate with them the majority of investors will lose money in such projects and then the IEOs will be replaced with something else and the cycle will continue.
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kamBlanV
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June 11, 2019, 10:26:07 PM |
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no. BNB does not compete with ETH. ETH is better. but the prospects and developments of BNBs such as ETH. I think that the BNB cannot create a market like ETH. The BNB is limited and still has system problems. coin BNB must focus on improving the quality of the exchange.
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asriloni
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June 11, 2019, 11:11:40 PM |
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It will be not correct to compare these cryptocurrencies, although as I see, BNB is going to become one of the market leaders. probably, it is worth investing in it now as soon the price of Binance coin will go to the Moon.
but the situation is different from 2017. maybe people will think BNB will reach the highest prices like ETH in 2017. The BNB will still continue to grow, but it will wait for their blockchain development and wait for the market to improve better. It caused by BNB has a product that has already taken from fund from the ICO that called launch pad. Remember when a lot of icos were gaining its momentum and millions dollars to be used to buy ethereum in the market. But this time it's a little bit different because less money used to buy ethereum to participate in the ico. But about to say BNB as a killer and it's really wrong for me.
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Dreamchaser21
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June 11, 2019, 11:16:08 PM |
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Yes I think bnb can easily replace ethereum in the initial offering of new coin but it's a so hard to replace ethereum as the first smart contract coin in the market good luck for all
There’s a chance but it will take more time and not an easy road for BNB. I’m pretty sure that ETH are thinking for the new development now so they will not be left behind, i see this two coin more good than XRP and maybe BNB can replace the number 3 position.
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moonblocks
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June 19, 2019, 01:18:34 AM |
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ETH is not directly comparable to BNB because it has a much more ingenious technological foundation and a very large development group supporting it that continuously innovates and these factors far out way what other competing smart contract platforms can offer even now
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alan2here
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June 19, 2019, 02:35:17 AM |
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Yes I think bnb can easily replace ethereum in the initial offering of new coin but it's a so hard to replace ethereum as the first smart contract coin in the market good luck for all
There’s a chance but it will take more time and not an easy road for BNB. I’m pretty sure that ETH are thinking for the new development now so they will not be left behind, i see this two coin more good than XRP and maybe BNB can replace the number 3 position. BNB has much more potential than XRP and certainly the top 3 position will belong to BNB in the near future. I think that with the leadership of CZ, BNB will be of very high value and can completely compete with all the coins that are available in this market and most people in the Crypto market are trending to keep this coin is more to reduce costs when participating trading or having tickets to participate in IEO. Yesterday CZ had an AMA session and mentioned lending and margin so I am sure this coin will rise even higher.
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Caladonian
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June 19, 2019, 02:49:11 AM |
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Yes I think bnb can easily replace ethereum in the initial offering of new coin but it's a so hard to replace ethereum as the first smart contract coin in the market good luck for all
There’s a chance but it will take more time and not an easy road for BNB. I’m pretty sure that ETH are thinking for the new development now so they will not be left behind, i see this two coin more good than XRP and maybe BNB can replace the number 3 position. BNB has much more potential than XRP and certainly the top 3 position will belong to BNB in the near future. I think that with the leadership of CZ, BNB will be of very high value and can completely compete with all the coins that are available in this market and most people in the Crypto market are trending to keep this coin is more to reduce costs when participating trading or having tickets to participate in IEO. Yesterday CZ had an AMA session and mentioned lending and margin so I am sure this coin will rise even higher. We can see that with his leadership the advertising and promotions for this project really do the efforts, updates and new offers make investors more relied and interested to keep investing and trading inside the platform making the coin very valuable. As holding BNB will bring benefits not only with potential growth in value but also getting your good chances to participate with launchpad.
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EdenHazard
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June 19, 2019, 03:22:59 AM |
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Yes I think bnb can easily replace ethereum in the initial offering of new coin but it's a so hard to replace ethereum as the first smart contract coin in the market good luck for all
Binance and bnb is now at the center of everything cryptocurrency this year like Ethereum was for ICO projects in 2017 and 2018. From IEO to Exchange Listings to Binance Chain and so on The metter is binance who has been popular with an exchange, without there is no factor of an exchange BNB is nothing it will be like other altcoin. But remember, in crypto world an exchange is very vulnerable to maintaining a credibility. Moreover Binance ever been was hacked a few months ago which mean it's very possible will meet a same thing later. So as we will the new exchange comes and replace the credility of Binance even the exchange will do the best thing which never do with binance.
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Peterdav
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June 19, 2019, 07:43:09 AM |
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BNB is currently very popular, and many projects appears with their platform. I think in the near future the BNB will be able to compete with the Ethereum platform.
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btc_angela
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June 19, 2019, 08:37:02 AM |
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BNB is currently very popular, and many projects appears with their platform. I think in the near future the BNB will be able to compete with the Ethereum platform.
I don't know how many projects have moved to BNB main-net though. But it looks like majority is still on ETH network, however, I'm not be surprised if newly release projects will be based on BNB though. I mean it's stable and very fast and almost similar to ETH if not far more superior though. It will take some time though, probably its going to be crucial in the next 2-3 years.
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klaaas
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June 19, 2019, 09:26:27 AM |
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I don't know how many projects have moved to BNB main-net though. But it looks like majority is still on ETH network, however, I'm not be surprised if newly release projects will be based on BNB though. I mean it's stable and very fast and almost similar to ETH if not far more superior though. It will take some time though, probably its going to be crucial in the next 2-3 years. could be but when it comes to trust i think ethereum would be still the better pick. bnb is to much tied to the popularity of some team members.
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hotforblockchain
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June 19, 2019, 12:51:13 PM |
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How BNB could be the ETH?
Maybe I am not informed enough but as i have red it is not possible to build contracts on BNB base. BNB is meant to give some benefits to Binance users, like allow to participate in their launchpad IEOs.
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javainn
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June 19, 2019, 01:55:19 PM |
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BNB may be like the ETH picture in 2017 now the BNB has a high price and the potential for higher up will occur, so I think this is one of the best potential coins at the moment.
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shoreno
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June 19, 2019, 02:58:13 PM |
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How BNB could be the ETH?
Maybe I am not informed enough but as i have red it is not possible to build contracts on BNB base. BNB is meant to give some benefits to Binance users, like allow to participate in their launchpad IEOs.
of course no one said that bnb is simillar to eth or will replace eth . what were debating here is that bnb is also a potential coin that will likely follow the footsteps of eth . BNB has much more potential than XRP and certainly the top 3 position will belong to BNB in the near future .
i dont agree with that . bnb is new while xrp have already gained reputation just before bnb became popular . there are many good coins next to xrp that will fit perfectly on the 3rd or 4th spot and so on ....
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Taufik blackspade team
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June 19, 2019, 03:01:46 PM |
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BNB may be like the ETH picture in 2017 now the BNB has a high price and the potential for higher up will occur, so I think this is one of the best potential coins at the moment.
it doesn't matter the price it seems. we can see 2917 where the adoption of blockchian ethereum is very large. many projects also use ethereum chains. and this year binance with BEP-2 made an update, now you can see that more assets are moving from ERC to BEP. Until the end of this year, more projects might be joined using the blockchain binance.
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Suslura
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June 20, 2019, 05:45:11 PM |
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Of course, I have repeatedly met a lot of information that Binance is always compared to ethereum, especially gash 2017. But I would not like to see the same situation when the market of ico companies negatively affected the next period of development of ethereum. Perhaps the same story awaits BNB.
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monalia
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June 20, 2019, 07:25:25 PM |
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Even I believe the same, Binance coin value was around 6 USD and reach 35 USD in the market now. Today I have exchange $900 worth of bnb to bitcoins. This price motors majorly happened because of their IEO market and their lottery format on investing towards it. I expect maximum BNB will increase to 50 USD
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shulc7
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June 20, 2019, 08:56:59 PM |
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BNB has become extremely popular this year, but still, we cannot compare this token with Ethereum. I doubt that Binance coin will manage to do the same thing which ETH managed to do - start to be a competitor of BTC for some time.
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vanmoreno
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June 20, 2019, 09:09:44 PM |
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but if I see a BNB that is growing very rapidly by carrying out the IEO on its own exchange this greatly boosts prices for the future and I see this very stable business will be the toughest competitor ethereum but there are still many people who still believe in ethereum because both coins have value future investment.
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seleme
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June 20, 2019, 09:29:28 PM |
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I don't deny this fact about the non-expected growth potential of the Binance coin. It has changed the game rules for many projects with offering an IEO token sale. BNB has made a huge development with the decentralized trading platform but this is not enough for reaching the ETH blockchain.
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reza7777
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June 20, 2019, 11:01:23 PM |
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BNB are getting more popular and prices can't be lost, they continue to increase and maybe in the future BNB will become the next ETH that is widely used by everyone
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samycoin
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June 20, 2019, 11:26:15 PM |
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I think BNB is just for exchange platform and we al know that in their exchange many are using bitcoin and eth so I think there's a big differences to both ethereum and BNB coins. It's the same good coin and worth it to buy.
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velive08
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June 20, 2019, 11:34:50 PM |
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BNB is currently experiencing a significant increase in prices, the movement of the BNB is the same as the ETH movement and this may be used as a surprise like in 2019. This can be used as a good step for investment.
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Ochakemaput
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June 21, 2019, 07:28:51 AM |
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BNB is currently experiencing a significant increase in prices, the movement of the BNB is the same as the ETH movement and this may be used as a surprise like in 2019. This can be used as a good step for investment.
market conditions are still different, friends, we cannot equate it. where in 2017 etheruem has been used many projects for their blockchain. but now BNB has just released Blockchain and not many projects have used it.
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samcrypto
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June 21, 2019, 08:31:36 AM |
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BNB are getting more popular and prices can't be lost, they continue to increase and maybe in the future BNB will become the next ETH that is widely used by everyone
Yes why not, we are all open to adopt new top coins even if I do have ETH. I know BNB is a good exchange and that’s why they are gaining popularity right now because they go for the best and they do their best. I do think that BNB will be the future of good exchange, the exchange who grows a lot every year, and can be a top 2 coin if ever, but I still go for ETH as a blockchain technology itself.
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Cacingkemi
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June 21, 2019, 08:41:00 AM |
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Well all of that can happen but I don't think there is a similarity between the both, surely the OP wants the BNB price to be high and him want popularize BNB but better equality does't exist. Favoring one another must be prioritized so that investors are more interested in the product your mentioned and must be a story of excellence in the product so that investors also see it too.
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mirawantirinjana
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June 21, 2019, 12:33:57 PM |
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from my experience in trading Ethereum (ETH) I am not too sure that Binance Coin (BNB) can resemble the success of Ethereum in 2017. however, Binance Coin (BNB) is a very good altcoin and has a very convincing future.
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Jose Mourinho
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June 21, 2019, 01:34:21 PM |
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I'm happy because I converted 3 ETH when the BNB price was around $ 23 and now it is $ 37, although it's hard to say that the BNB is ETH in 2017 but I'm sure BNB Investors are very profitable.
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VanDeinsberg12
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June 21, 2019, 01:42:47 PM |
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BNB are getting more popular and prices can't be lost, they continue to increase and maybe in the future BNB will become the next ETH that is widely used by everyone
The main reason because binance was a very important product like its exchange site. I believe binance will become a big company like what already achieved by binance right now without the help from the exchange site's popularity. Triple digits look possible in the next years.
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puremage111
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June 21, 2019, 04:39:04 PM |
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Well BNB has really tons of use case here
1) ICO Lottery Tics 2) Pay with Fees 3) Burning Mechanism which ensure the supply go lower
I wouldn't say BNB chain is a very strong point there but BNB token has really quite some use case here
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tonyja2017
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Activity: 532
Merit: 10
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June 21, 2019, 05:26:18 PM |
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talking about growth, that view is correct. because BNB is really making every investor astounded about his development as well as his importance in the crypto market. but now they are taking advantage of their power to make the transaction fees more expensive. This is a big problem in the future. Should we continue to trust BNB or let them show their power?
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surgical_duude
Member
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Activity: 349
Merit: 10
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September 17, 2019, 08:31:06 AM |
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talking about growth, that view is correct. because BNB is really making every investor astounded about his development as well as his importance in the crypto market. but now they are taking advantage of their power to make the transaction fees more expensive. This is a big problem in the future. Should we continue to trust BNB or let them show their power?
BNB has surprised many people when its growth rate is surprising this year. It is very well developed even though the risks are still there, the frauds still exist but they still ensure the security of investors. I think it is worth making the transaction fee a little more expensive to improve the risks of making it the second ETH.
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cribusen
Copper Member
Jr. Member
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Activity: 490
Merit: 2
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September 17, 2019, 09:47:49 AM |
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The year of 2017 was fantastic for the crypto markets, led by Bitcoin with 20x gains, while many altcoins gained even more: Of the major ones, Ethereum had outperformed, as it became the “coin of the ICOs.” Thanks to the Ethreum blockchain based ERC-20 token mechanism, projects could easily raise funds in ETH via their ERC-20 ICO smart contracts.
We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.
Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.
Those two tokens have completely different philosophy, ETH is much bigger than BNB and I hardly doubt that BNB would get into top three altcoins when IEO trend will be over. It is just around the corner, because Binance IEOs are not giving x30 anymore.
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novaprime
Sr. Member
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Activity: 812
Merit: 251
UniDApp - it's DeFi time!
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September 17, 2019, 10:55:03 AM |
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talking about growth, that view is correct. because BNB is really making every investor astounded about his development as well as his importance in the crypto market. but now they are taking advantage of their power to make the transaction fees more expensive. This is a big problem in the future. Should we continue to trust BNB or let them show their power?
With BNB finances, anything can make you happy because this is a coin that is supported greatly by everyone, so the price increase is only a matter of time. In October, there will be a burn phase of BNB and this is what can make the value of this coin grow quickly. I encourage people to invest in BNB because this is the most potential coin to date and the BNB platform is supporting a lot of other projects.
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Jpti
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Activity: 560
Merit: 10
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September 17, 2019, 12:36:12 PM |
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Despite hacking, binance is becoming successful in providing quality service to its customers and in that sense, BNB will become the king of crypto exchange in the days to come. Still BNB is not picking its pace due to various reasons including failure of altcoins taking over the market. I hope BNB will become ETH of 2017 over time.
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