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Author Topic: Will BNB become the king of all coins  (Read 23783 times)
infer
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May 06, 2021, 09:08:25 PM
 #881

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 BNB is possessing quite high value and the benefits it benefits investors are very stable. But to call the BNB the king of currencies is too early.
For example, comparing it to bitcoin, it must be said that BNB still loses a lot. Ether is no exception, transactions for ether are also more than BNB. It's an affirmation too soon...





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May 06, 2021, 10:26:18 PM
 #882

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?

In my own little way of understanding mate, BNB will always be on top of the altcoins in the market, on this scenario this is realistic and its happening always. But to become King in all coins here in cryptocurrency, I think its early for us to say that. In short, at the moment it is not realistic let's face that, because for now Bitcoin is the most often accepted as mode of payment all over the world, and sometimes it's been part of the mentioning in some of movies as well, you know what I mean.
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May 07, 2021, 11:16:57 AM
 #883

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 BNB is possessing quite high value and the benefits it benefits investors are very stable. But to call the BNB the king of currencies is too early.
For example, comparing it to bitcoin, it must be said that BNB still loses a lot. Ether is no exception, transactions for ether are also more than BNB. It's an affirmation too soon...
It is too early to say that Binance will be the king of all altcoins, considering that BNB is still standing on the ether network.

If this is currently popular it is natural because the BNB is building its own network with a binance smart contrac.
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May 07, 2021, 04:21:09 PM
 #884

BNB has indeed become a very popular coin besides bitcoin and ethereum, and indeed BNB still has a lot of potential, BNB is better known to people with its binance exchange, besides that BNB also has a Binance smart chain whose gas fees are cheaper than ETH, this is why people who prefer BNB to ETH

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May 07, 2021, 04:40:24 PM
 #885

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?
Altcoin tops all currencies in the crypto market. Ethereum is the second largest altcoin after bitcoin but the value of the BNB currency has risen sharply as market demand has increased this currency is highly invested in binance's own currency and there is no chance of being scammed fees are much lower with price increases. This way if you go upstairs you can be the best among altcoin.
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May 07, 2021, 04:58:01 PM
 #886

BNB has indeed become a very popular coin besides bitcoin and ethereum, and indeed BNB still has a lot of potential, BNB is better known to people with its binance exchange, besides that BNB also has a Binance smart chain whose gas fees are cheaper than ETH, this is why people who prefer BNB to ETH
People may prefer BNB over ETH for the current gas fee problem. But I think it's temporary. I think the hype of bnb coins is over. Now it's ETH's turn. Seeing the growth of ETH, it seems so. And I don't think bnb coin can move ETH from its position.
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May 07, 2021, 05:04:44 PM
 #887

If its gonna be the king of all Coins, I highly doubt it, sure investors are moving to this coin because of its small fees and secured transaction but other than that, there is no way it can bypass ETH and most of all Bitcoin. Sure it has its own potential but, investors are still making their way back to ETH, the second coin of crypto, Doge is also there gaining enough value caused by famous Elon Musk.

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May 07, 2021, 08:00:01 PM
 #888

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's transaction speed is indeed quite fast compared to Ethereum, and the transaction fees are also very low. This makes BNB users more comfortable in making transactions. Apart from that, BNB has the number 1 exchange by market capitalization of CMC. This is the main supporting factor. And in 2020 they introduced the Binance Chain, then in 2021 they developed a new smart contract system called the Binance Smart Chain. I think this will provide a great opportunity for Binance to become a candidate for the king of Altcoins and the king of smart contracts.

There's only one way to prove for them to become the king of altcoins, and that is by beating ETH in standing. Currently, BNB ranks 2nd on the altcoins ranking as you can see in https://coinmarketcap.com/...

The marketcap between ETH and BNB is not close, but the growth of BNB is quite impressive that anytime it could pump again and create a new all-time high.

I think to become king Alt does not have to be in second place in CMC, but it can be seen based on the number of users of the products they create, one of which is a smart contract.
Maybe at the moment Ethereum's smart contract is superior, even though there are many other platforms that have smart contracts, such as Tron, EOS, etc. But the presence of Binance with a new product, namely BSC, has become the center of attention of crypto users and many new project developers are trying to use it.

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May 07, 2021, 08:29:07 PM
 #889

I believe that the BNB coin is very promising, but it will not become the core of all BNB coins, since Bitcoin is the king of all coins. And no matter how the BNB coin tries to become the best, Bitcoin will always be ahead and occupy the most important place in the crypto industry.
Yes, and that is very reasonable because Bitcoin has become the benchmark for all Altcoins in the crypto space, so that at any time it will be difficult to compete with others even though the trends and developments are very good.
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May 07, 2021, 08:44:23 PM
 #890

maybe it will happen with Binance leading all altcoins or becoming the king of digital currencies when viewed from its current development.
Glad to see what you have to say, of course I also hope so. Of course, so that all of us can maximize the assets we have and not only rely on coins that are already dominant. We can also see that in the last few years and even in the next few years, new altcoins have emerged and become new idols in cryptocurrency
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May 07, 2021, 08:45:41 PM
 #891

I believe that the BNB coin is very promising, but it will not become the core of all BNB coins, since Bitcoin is the king of all coins. And no matter how the BNB coin tries to become the best, Bitcoin will always be ahead and occupy the most important place in the crypto industry.
Yes, and that is very reasonable because Bitcoin has become the benchmark for all Altcoins in the crypto space, so that at any time it will be difficult to compete with others even though the trends and developments are very good.
it's true BNB does have the potential to compete but to be at the core of crypto keep a race on BTC and this is absolutely certain. although BNB has events every month it is not enough to be the center of the crypto price movement. but if it is said in altcoin then BNB can be considered because the developments made are quite interesting, especially at the launchpad event on Binance which sometimes affects the price of BNB and they have real products that are increasingly being developed, that's what makes me believe BNB has great potential.

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May 07, 2021, 09:20:30 PM
 #892

There is obviously no doubt that BNB is a very promising coin, but as good as it is, it is still hosted on the Ethereum network. The Ethereum network is and will continue to be the kings of all altcoins. Although BNB is leveraging on the shortcomings of Ethereum but it cannot beat Ethereum

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May 08, 2021, 04:30:13 AM
 #893

BNB has indeed become a very popular coin besides bitcoin and ethereum, and indeed BNB still has a lot of potential, BNB is better known to people with its binance exchange, besides that BNB also has a Binance smart chain whose gas fees are cheaper than ETH, this is why people who prefer BNB to ETH

Actually, we can see now the Ethereum gas fee is already normal since few days ago.
BNB is a good coin, but it is still a centralized coin from my opinion. Why ? because the coin can't be mined by us.
Ethereum is more decentralized because everyone can mine it with their devices such ASICS.

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May 08, 2021, 04:38:15 AM
 #894

The king of Altcoin is still in the hands of ethereum. BNB is just a challenger and can't beat him yet. It may look very strong today, but overall Ethereum is far superior to other coins. although currently ethereum looks crippled due to the high cost of Fee gas, he still survives. this is what proves the quality of the king of altcoin.
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May 08, 2021, 05:33:18 AM
 #895

I believe that the BNB coin is very promising, but it will not become the core of all BNB coins, since Bitcoin is the king of all coins. And no matter how the BNB coin tries to become the best, Bitcoin will always be ahead and occupy the most important place in the crypto industry.

I think no one is comparing BNB with bitcoin. Everyone is comparing BNB with Ethereum and hoping to see it on the Number two spot on coinmarketcap.
Even though Binance smart chain is fast and cheap but the only disadvantage it has that it is not decentralized. Unless CZ plans to make it completely decentralized, BNB has no chance to overcome EtH in market-cap.









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May 08, 2021, 06:21:20 AM
 #896

The king of Altcoin is still in the hands of ethereum. BNB is just a challenger and can't beat him yet. It may look very strong today, but overall Ethereum is far superior to other coins. although currently ethereum looks crippled due to the high cost of Fee gas, he still survives. this is what proves the quality of the king of altcoin.
time will tell us that binance will beat ethereum. just look at community and ecosystem, binance doing very well in few months ago  . on chain side , binance smart contract have lower gas fee for every transaction  . ethereum still looked as the pioner of smartcontract platfom so its wy ethereum still on  higher level .

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May 08, 2021, 08:44:22 AM
 #897

Even when it was first announced, I thought its price would go up a lot because it was a binance-backed coin. But of course I didn't think it would exceed the $ 600 levels. Considering today, I think BNB will exceed $ 1000 this year.

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May 08, 2021, 11:30:45 AM
 #898

Well in my own opinion, BNB might be able to overtake Ethereum and become the undisputed King of the Alternative Cryptocurrencies. Now, for me that is realistic and might happen in the not so distant future. But to beat Bitcoin is something I am doubtful about. The acceptance of Bitcoin compared to BNB is without any doubt happening worldwide and that kind of global adoption is what makes Bitcoin superior to all altcoins. Only global adoption of Binance to different facets of Fintech might be the key for it to become the King of the coins.

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jerlen17
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May 08, 2021, 12:37:21 PM
Last edit: May 08, 2021, 01:46:43 PM by jerlen17
 #899

I think BNB can't replace the Bitcoin for being the King of all coins and even ETH. No doubt that the BNB's potential is there and for being almost on top in the market and offers small gas fee compaired to Ethereum. Many people still choose bitcoin because it has been known for a long time. Companies, stablishment and others already use bitcoin or accepting BTC for their transactions.
kapalmabur
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May 08, 2021, 02:06:39 PM
 #900

I think BNB can't replace the Bitcoin for being the King of all coins and even ETH. No doubt that the BNB's potential is there and for being almost on top in the market and offers small gas fee compaired to Ethereum. Many people still choose bitcoin because it has been known for a long time. Companies, stablishment and others already use bitcoin or accepting BTC for their transactions.
If we talk about replacing bitcoins I don't think a single coin can replace it,
BNB and ETH will also not be as you say, apart from that BNB is one of the potential coins,
let's see the development of BNB in the future I'm curious about that
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