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Author Topic: Is BNB the ETH of 2017?  (Read 931 times)
puremage111
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June 21, 2019, 04:39:04 PM
 #101

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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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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tonyja2017
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June 21, 2019, 05:26:18 PM
 #102

 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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September 17, 2019, 08:31:06 AM
 #103

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
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September 17, 2019, 09:47:49 AM
 #104

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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September 17, 2019, 10:55:03 AM
 #105

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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September 17, 2019, 12:36:12 PM
 #106

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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