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Author Topic: Is BNB the ETH of 2017?  (Read 737 times)
eagle10
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June 03, 2019, 06:08:08 AM
 #41

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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June 03, 2019, 06:24:08 AM
 #42

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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June 03, 2019, 07:39:44 AM
 #43

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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June 03, 2019, 08:02:00 AM
 #44

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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June 03, 2019, 08:50:42 AM
 #45

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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June 03, 2019, 10:18:16 AM
 #46

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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June 03, 2019, 10:36:35 AM
 #47

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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June 03, 2019, 11:11:47 AM
 #48

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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June 03, 2019, 11:32:04 AM
 #49

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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June 03, 2019, 02:00:43 PM
 #50

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  Wink
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June 03, 2019, 02:43:25 PM
 #51

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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June 03, 2019, 04:26:48 PM
 #52

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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June 03, 2019, 04:36:11 PM
 #53

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  Wink
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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June 03, 2019, 04:44:08 PM
 #54

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  Wink
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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June 03, 2019, 04:50:01 PM
 #55

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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June 03, 2019, 05:51:40 PM
 #56

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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June 03, 2019, 06:14:40 PM
 #57

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
 #58

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
 #59

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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June 04, 2019, 02:09:14 PM
 #60

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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