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Author Topic: Will BNB become the king of all coins  (Read 23787 times)
breathlessz
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August 21, 2019, 04:56:01 AM
 #361

As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents

On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".

With such successes do you think BNB will become the All coin king?

Binance coin(BNB) is a good coin which is promising and Progressive instantaneously. BNB coins are transferred quickly like one second with lowest fee. But, if we see the coincapmarket, Bitcoin is foremost and leading position from the beginning. So, in my opinion, bitcoin is holding the number one position and king of all crypto-currency. 

besides that the bitcoin liquidity and BNB differ greatly, making it difficult for BNB to pursue it, moreover more and more competing exchanges, of course this is a note for BNB to improve its services, if they still want to rank first. We know that binance is now the biggest exchange in cryptocurrency, so service is the main task to be improved

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August 21, 2019, 06:59:17 AM
 #362

I think BNB will not be the king of all coins because BNB is only supported by the Binance exchange. If Binance will fall so do as BNB coin. Not like Ethereum where many coins uses its platform.
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August 21, 2019, 07:35:53 AM
Last edit: August 21, 2019, 07:56:13 AM by Chrystora123
 #363

I think BNB Coin is not centralized. Maybe at this time ethereum is better than BNB Coin but it seems that many altcoins are switching to using BNB Chain. The development of altcoin is very fast and maybe some time will come there will be a new coin that might be able to shift the dominance of ethereum or other altcoin
according to what I've noticed so far, BNB is a centralized coin.  Binance is one of the best and biggest exchanges in the world would be very funny if they do not control the crypto coins they issued.

Yesterday, many people said that Ethereum would become the king of cryptocurrency and replace Bitcoin position, but in fact, until now Bitcoin still rules over Ethereum.  so I have no thoughts at all that BNB will be the king of cryptocurrencies replacing Ethereum and Bitcoin.

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August 21, 2019, 07:39:22 AM
 #364

BNB is really not a coin for long haul in my opinion, especially since you even referenced that their platform got advertised because of the IEO. The IEO has been the major selling point of the BNB this year and the launchpad has been hugely successful which is evident in the value of the token.


but for me, on the contrary, I believe that this coin is for a long term.
because the binance already has a product and is very good, and all other coins have only a plan


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August 21, 2019, 08:17:08 AM
 #365

Building and adoption has be the concern of the BNB as a coin and has really try to contribute to this community in all aspect .

So be the king of alts is not far to it has it has make the community more active and free of more details to be adopt , so making the industry more decentralized is a key and major concern which I think it has also make possible too .

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August 21, 2019, 09:55:57 AM
 #366

By looking at the current situation of the binance, i think it is developing day by day. moreover, it has ability to show its potential in the crypto market.
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August 21, 2019, 11:36:43 AM
 #367

I have doubted the possibility of Binance taking over the place of etherium in the scheme of things but recently I have begin accept the possibility, currently what made etherium popular is because of its marketcap as the second to etherium, being the most traded pair across exchanges aside bitcoin and its being the most widely used contract development platform, all these and more are what Binance are capable of doing and could take over with their innovative and continuous improvement. It is possible for Binance to be the king of altcoins but will take a while and more work

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August 21, 2019, 11:40:17 AM
 #368

I don't think so, I still believe that Bitcoin is the leader of all cryptoqurency including binance. binance is a potential altcoin and also has the largest exchange on the crypto market, but it is very unlikely that binance will replace bitcoin.
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August 21, 2019, 01:28:45 PM
 #369

Bitcoin has many loyal members of the community and continues to develop blockchain technology which has now been adopted by many developers, BNB is a coin from a crypto exchange and there is always a price drop if the price of BTC falls.
As long as coins like BNB always follow the price of the BTC, it is possible that the BNB coins cannot shift the position of the BTC in the future

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August 21, 2019, 01:49:53 PM
 #370

For the time being, indeed Binance Coin has become a lot of people talking about as a result of developments in the past year which is quite good and successful starting from the exchange and also innovation even though the exchange binance itself had experienced negative news due to a number of hacked bitcoins. but the trust of investors in binance is pretty good. to become the king of altcoin that currently exists in ethereum, it seems that there is still a possibility for binance in the next few years

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August 21, 2019, 01:56:52 PM
 #371

BNB is just an exchange coin. Nothing more. You can even not compare this shitcoin with bitcoin, ether or XRP. İf binance will lose its popularity you are going to see how fast things are changing.
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August 21, 2019, 01:57:13 PM
 #372

I don't think so, I still believe that Bitcoin is the leader of all cryptoqurency including binance. binance is a potential altcoin and also has the largest exchange on the crypto market, but it is very unlikely that binance will replace bitcoin.

Not-so-certain news about new coins will grow better than Bitcoin. Bitcoin will not be that easy to end easily and give the top position of other types of coins.
I'm also still old-school. And I believe in bitcoin and its development in the future. And all the other new coins can not be compared with it exactly for the reason that they have not yet lived as much as bitcoin.

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August 21, 2019, 02:24:56 PM
 #373

Currently, bnb trading floor is having a great influence on the market. In the future, the value of bnb will increase very high. I believe so
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August 21, 2019, 02:35:07 PM
 #374

Currently, bnb trading floor is having a great influence on the market. In the future, the value of bnb will increase very high. I believe so
Binance appeared very quickly in the cryptocurrency market and in the same way, another influential exchange may appear and become better than Binance. we cannot be sure what will happen in the future

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August 21, 2019, 05:05:16 PM
 #375

Right now it is doing so well,but to become the king of all coins it will need to many time and it is hard to say,because this is a competitive  race.so It is depending on its performance.bnb isn't  bad coin.But i think it’s not possible.
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August 21, 2019, 05:20:07 PM
 #376

There's no doubt that the binance coin has practically been very lucrative this year and investors or holders of the tokens are well pleased with the project. But even in the height of this accomplishments, bnb cannot be the king of all coin. BNB is an exchange coin with its life cycle dependent on the performance of the exchange. If binance loses her position as the most used exchange, bnb loses its relevance.
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August 21, 2019, 05:23:34 PM
 #377

The position of bitcoin as the king of all coins will never be replaced, I will agree if BNB will become the top 3 best coins in crypto and that will probably be possible in the future
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August 21, 2019, 05:26:19 PM
 #378

BNB or Binance coin will be the KING of IEO in their own EXCHANGE.
But will never be a king of all coin. i do believe that ETHEREUM will still be the king of all ICO/IEO in this.
While BTC will be the father and KING of all coins.
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August 21, 2019, 05:40:40 PM
 #379

BNB proves that this coin has a very high potential to be top three coins. But BNB will not be the king in the crypto industry ever. We have the King since the crypto borns and that king will remain forever. After Bitcoin, Ethereum is far better than BNB coin. But I would like to see BNB coin in the third position, to me BNB deserve it.

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August 21, 2019, 08:39:46 PM
 #380

Right now the IEO's are holding the BNB price very stable, but once the IEO fad starts to fade, things can quickly change...

One very powerful revenue source for BNB could be in the form of margin lending in favor of BNB holders. Binance needs to be less greedy and support more income streams

for its customers, and especially BNB holders, if they want to ensure the long term strength of their exchange & coin.

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