Is BNB the ETH of 2017?

[calya]

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.

[1714961168]

1714961168

[LimLims]

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.

[Kiweikoo]

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.

[rizkyhiw]

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.

[MrPiggles]

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

[mk4]

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.

[Kemarit]

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).

[Oceat]

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.

[MIner1448]

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.

[Question123]

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.

[anggi]

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.

[GreenStox]

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.

[abstractednerve]

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!

[Adriano2010]

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.

[wuvdoll]

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.

[Ochakemaput]

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.

[pageraji]

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

[sehoon]

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.

[vasrasus]

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.

[OrangeSeller]

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.