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Author Topic: Will BNB become the king of all coins  (Read 23857 times)
bounty.cvn (OP)
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June 27, 2019, 06:48:27 AM
 #1

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?
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June 27, 2019, 07:24:50 AM
 #2

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?

Can you tell me how much you need to move BTC of thesame value, maybe at most $50, BNB is not a currency and people need to understand that exchange lifecycle in the space is very short. Bitcoin has proven to us once again who the king is really is, the economics of BTC is very sound and the infrastructure built on it, is stronger than any chain for now BNB is built on hype and FOMO


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Pffrt
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June 27, 2019, 07:27:36 AM
 #3

You must have read the term centralized, decentralized. BNB is shit centralized coin. Regarding fee, you still can send huge amount with lower fee in bitcoin but I know that will be huge slower, bt after Lightening Network implementation, fee will be reduced hugely.
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June 27, 2019, 07:35:47 AM
 #4

There's only one king: Bitcoin. All other coins called altcoins. A lot of other coins can do the same thing as BNB did. Admittedly, BNB is a good alcoin but it will never be the king of all coins.

You must have read the term centralized, decentralized. BNB is shit centralized coin. Regarding fee, you still can send huge amount with lower fee in bitcoin but I know that will be huge slower, bt after Lightening Network implementation, fee will be reduced hugely.
Although I generally agree with you, Lightning Network is just a hype. It's flawed and still struggling to perfectize itself.
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June 27, 2019, 08:14:26 AM
 #5

All coins? I thought it's altcoins but if you are generalizing the crypto market and BNB is on the throne, I don't think it can.

Although I generally agree with you, Lightning Network is just a hype. It's flawed and still struggling to perfectize itself.
Nope LN isn't a hype, if you have tried transacting with it you can tell that it's for real though it's available for the meanwhile for small transfers.

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June 27, 2019, 08:20:35 AM
 #6

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?

BNB is just a bubble. No Binance =No BNB. even BNB is a platform, no one will use it if something happens to Binance (like a big hack) or if Binance loses its reputation or its place.
I am also buying BNB because I have to buy it for the new IEO. That's why many people buy it.
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June 27, 2019, 08:28:54 AM
 #7

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?

Surely BNB is going to become an important crypto. It has it's own blockchain and is fast to transact. Binance has ticked every right boxes for it to emerge as a self sustained independent coin. Being a universal gas for the Binance DEX, it's importance would keep on rising in the future.

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June 27, 2019, 08:33:44 AM
 #8

Binance Coin is growing at a record-breaking pace and may cross $50 at the beginning of next month. The coin may trade above $60 by the end of the next month and can reach as high as $100 by the end of the year recording over 40X growth overall in the year. This is the perfect time to plan any long-term investment in the coin and huge dividends are assured for those who keep the faith and get on this upward journey of the coin now.
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June 27, 2019, 08:38:16 AM
 #9

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?
Although there is a lot of good news about BNB, I still have no sympathy for BNB. I think the king will really be ETH or XRP because they deserve it. Talking about liquidity, BNB cannot catch them. BNB is just an exchange, not highly liquid like ETH and XRP.
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June 27, 2019, 09:07:48 AM
 #10

I cannot be overwhelmed by the success of Binance coin and it will be too early to draw a conclusion that BNB will beat all coins even bitcoin and rule over. There are many coins and the king coins bitcoin and ethereum have been retaining its good image and glory among the crypto community. So I can say that BNB is a good investment coin.

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June 27, 2019, 09:10:15 AM
 #11

I think this is difficult to come true, BNB pumped over the past few months because the team of Binance is very good. They offer constant news for IEO and major exchange updates that keep it growing
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June 27, 2019, 09:24:19 AM
 #12

no because it is centralized and all centralized coins are disasters waiting to happen. imagine the time that the same thing that happened to Mt Gox, Cryptsy and dozens of other huge exchanges happens to Binance, by that time BNB would disappear in a blinking of an eye.

but until that day it will continue to kill some of the altcoins it has been trying to replace like ethereum which is no longer the token used for ICO scams.

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June 27, 2019, 10:36:35 AM
 #13

in my opinion, it is impossible for BNB to be king of coins because currently king of coins is still held by bitcoin and to defeat bitcoin it seems impossible. Because the existence of bitcoin is more trusted by many people.

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June 27, 2019, 11:34:15 AM
 #14

I'm not sure the BNB will master the crypto market, try to see how long it takes Bitcoin to master and become the king of all crypto, so back again to the goal of the BNB which is currently only used for buying and selling transactions on exchange sites, without any purpose front is used as a payment tool such as BTC, I bought a domain and hosting using BTC and of course there is no BNB, so the purpose of people buying BNBs is just an investment tool no more

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June 27, 2019, 11:47:14 AM
 #15

In my opinion, I don't see bnb becoming a king of coins, reasons are that it is centralized, only utility is in the binance Exchange. If binance goes down, bnb goes down too. I must commend CZ for doing a good job especially in publicity, but I don't see bnb becoming king of coins.

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June 27, 2019, 11:53:51 AM
 #16

BNB coin is already a king of the almost coins but couldn't be the for all. BNB is a crypto currency which is evolved by the evolving of a project that is the exchange business of the Binanca. This BNB coin is created for the transaction between the Binanca community.
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June 27, 2019, 11:55:44 AM
 #17

It got the use case as we all like discounts on trader fees and the volumes are there but It fears me bnb is to much tied to the popularity of some team members.

Shopping online and sats back as a discount! (satsback) + LightningNetwork
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June 27, 2019, 12:12:48 PM
 #18

As the BNB demand is rising with the grew of Binance chain,Whale has transferred 1.2 B dollars with in 2 sec that is good for BNB fast speed with high amount transfers but you can see in 2 or 3 years later all king of altcoins. 

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June 27, 2019, 12:19:15 PM
 #19

In my opinion, the BNB is difficult to be the king of all coins. because BNB is still not widely known when compared to Ethereum. when compared to ethereum BNB is still less popular, because ETH is widely used as the ICO platform.
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June 27, 2019, 12:21:00 PM
 #20

BNB is just a bubble. No Binance =No BNB. even BNB is a platform, no one will use it if something happens to Binance (like a big hack) or if Binance loses its reputation or its place.
This is what I'm posting for the last couple of months but people aren't taking it seriously. If something like that happens, BNB will follow the same of Bitconnect, mind it guys. BNB has already gained so much value and soon it will fall drastically.

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