Soots
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August 08, 2019, 12:18:35 PM |
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I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.
Too early to say for Binance chain to replace Smart contract.I wont say it isnt possible but still a long way to go.We have seen on how BNB climb on the top rankings on CMC basing on its total cap but doesnt mean it would surpass ETH anytime soon but who knows right? we cannot predict this, but now BNB has good potential and it can be used as a potential coin. although the competition with ETH is experiencing a difference but I think BNB can catch up to ETH BNB couldn't beat what ethereum has been built up for such a significant number of years, and in spite of the fact that it's building up a solid establishment for cryptocurrency community; this isn't guaranteed it will easily break eth's barrier of success. Numerous individuals trusted bnb for the progressive developments and promising execution it has appeared to the general population, yet it has no contract that could back up another tokens like how eth went through effective undertakings that utilized erc20.
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linkybit
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August 08, 2019, 12:32:35 PM |
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In the end, it is good for the end-user, both these project are excellent and BNB is getting good momentum so I like this competition ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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akram143
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August 08, 2019, 02:03:15 PM |
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I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.
Everything happening because of binance when binace losses its value in the crypto field then bnb also will lose its value and it may happen at any time but ethereum is one of the standard crypto got its own potential and I think most project also aware of this so they will be sticking with ethereum rather than binance.
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DeepChipolino
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August 08, 2019, 02:10:21 PM |
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I find that hard to believe. But let's put it this way. Ethereum developers will make efforts to restore ETH positions. And they do it. It will be an exciting competitive race. Perhaps now they understand that they need to constantly develop their coin. It would be nice if both of these assets will be around for a long time, as this can be useful for us.
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SquallLeonhart
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August 08, 2019, 02:29:18 PM |
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I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.
There I absolutely nothing, that is still the only product that I see Ethereum have, and except maybe they are developing any new technology that I am not aware of or still hidden to the public. This is typically the reason why some people believe that Binance could lead Ethereum in the market in near future, because Binance has chain technology like Ethereum too, and with this their IEO, the chain is gaining more and more popularity Aside this, Binance still has other products that has already been established by them and these products are very quality ones which usually add to the value of Binance too anytime that people uses them, I think Ethereum should think out of the box and come up with more products too like Binance did.
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coin-investor
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August 08, 2019, 02:36:32 PM |
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It's possible that they might overcome Ethereum, Binance has a huge success introducing IEO they enjoyed huge support from the community and many new coins are shifting to Binance chain, I am not a big fan of Binance, I am more lenient on Ethereum. But the stat and the chart cannot lie, just grab this an hour ago from coinmarketcap graph One thing we can be sure of Binance is a must-have coin and should be added to every investor's portfolio.
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Taufik blackspade team
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August 08, 2019, 02:43:02 PM |
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if we look at the trading volume that exists every day, it is very far for BNB to be able to overtake the ETH. but it can happen but there is little possibility. there is still a little hope, but I'm not sure it will happen in only 1-2 years. need a big adoption of BNB that can make BNB overtake ETH.
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campusnet
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August 08, 2019, 03:07:14 PM |
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I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.
Everything happening because of binance when binace losses its value in the crypto field then bnb also will lose its value and it may happen at any time but ethereum is one of the standard crypto got its own potential and I think most project also aware of this so they will be sticking with ethereum rather than binance. yes, even though there are some projects that have also switched to binance chains, but the ethereum chain has formed very strongly. doesn't mean it can't be destroyed, but it will be very difficult. ethereum has been very strong, and BNB is now just beginning its growth. binance requires more power than now.
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firesurfer
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August 08, 2019, 05:04:07 PM |
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I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.
BNB is too small to compete with ETH. I am not saying that BNB is a bad altcoin, but it is an exchange token that is backed by the leading exchange. On the other hand, ETH is one of the oldest and trusted coins on the market, so I do not believe that any other altcoin is able to compete with ETH. And, project who migrated to Binance Chain, i think it's only for liquidity their project like : price, marketcap, being listed on binance dex & hoping it will listed to binance cex too with community listing contest. Not about product or technology itself
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South Park
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August 08, 2019, 08:07:37 PM |
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I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.
What will keep ETH relevant is that it is not directly affiliated with any exchange, it seems people are forgetting that if you want to avoid the collapse of the value of your money you need to pick a decentralized currency, BNB is doing well because Binance is doing well, but at some point Binance will not be the best exchange of the world simply because a new and better exchange appears or there is a massive hack and they lose the confidence of investors.
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Hippocrypto
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August 08, 2019, 10:52:34 PM |
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It might take a lot of years before bnb overtakes ethereum or it might never happen. Binance's IEO is the main reason why the price of bnb reached its all-time highs many times but I doubt if the popularity of IEOs will last. Ethereum's developers are very active in improvingthe technological features of their coin and this will give the coin the big potential to reach more growth in the future.
Even years will accommodate, bnb could ovetake eth if they don't have a system could compete ethereum contract. We witnessed how promising is bnb right now, that why it's getting more popular at trading sites and it's really growing progressively. Ethereum nowaday remain constant to their developments so it won't be taken down for that reasons of bnb coin. What's advantage of bnb, it would be more advanced with ethereum.
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patz22
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August 09, 2019, 01:49:54 AM |
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What reputation particularly you are talking? Both BNB and ETH have good reputation but the only difference is the reputation of BNB are getting better because it has shown some real progress, while ETH even it has a good reputation, I think its investors might slowly shift to BNB if they can't provide good improvement on the project.
You know what, nothing is permanent in terms of ranking, it's all about competition and big project has to remain competing to remain or improve its ranking.
I know what you are talking about and knowing the innovation that Binance - BNB is currently doing for sure they can overtake ETH and my only point is it might be hard for them but not impossible especially in the past months and even year - ETH is not that doing good in terms of value even on its improvement, I would definitely agree that the competition is really good between projects.
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freedomgo
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August 09, 2019, 03:16:02 AM |
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It might take a lot of years before bnb overtakes ethereum or it might never happen. Binance's IEO is the main reason why the price of bnb reached its all-time highs many times but I doubt if the popularity of IEOs will last. Ethereum's developers are very active in improvingthe technological features of their coin and this will give the coin the big potential to reach more growth in the future.
You can't say what they are just currently doing as for sure BNB are also actively developing the project, and the good thing with BNB is they have delivered some good results that's why people are investing on the coin. If you talk about IEO is the reason why BNB reached it's ATH, you also have to remember that ETH has reached it's ATH because of the popularity of ICO, and now that ICO less popular than IEO, I guess this is the time of BNB to show up more.
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Farma
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August 09, 2019, 05:45:10 AM |
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in fact, for now, I see that the development of BNB is faster than ETH. because of this, I think that currently, BNB has the potential to replace ETH. Well, even though ETH is still used as a role model for the platform of a project, their goal is binance, and this certainly makes BNB even more needed. somehow it will be if BNB replaces ETH, but I don't think ETH will lose the development problem either.
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dvdrewritable
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August 09, 2019, 03:33:40 PM |
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No matter how strong ETH is, BNB will never be able to cross ETH because the market has been around for a long time and many projects with lots of ICO around Ethereum platform has come to the market.And also there are many projects going on Binance exchange but they still can't overtake Ethereum. Ethereum is more powerful coin than BNB and today its rate cheap but i believe in coming year ETH will make new high.
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xenomorphe1
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August 09, 2019, 03:54:45 PM |
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BNB could use some tricks to increase its price like saying that it is going to burn some coins or giving dividends (which they also mentionned about their credit card fees going to bnb holders). ETH can't use this kind of trick to manipulate its price. It is more difficult now for ETH to manipulate artificially the market compare in 2017 when he had the quasi-monopole of new ICO and smart contracts. I prefer ETH, but BNB is more hyped currently. And as an exchange, they can manipulate prices of cryptos more easily.
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Bitcoin Seller
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August 09, 2019, 10:12:03 PM |
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I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer
BNB doesn't have smart contracts though, not really. I don't think it can compete with ETH in this space. Unless this is just using something like Cosmos. It's not like BNB has years of development of its own smart contract platform. It can and is competing with ETH on token issuance, but I don't agree that it is competing directly in smart contracts. At least not yet. BNB is not even a real cryptocurrency. How can it compete with altcoin? BNB is a token of Binance exchange. It attracts investors with its unique function - burning of coins. Investors get much profit due to the company strategy, but all this stuff has no connection with Ethereum and popularity of the altcoin leader. ETH will be up, although Binance Coin will be in trend.
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inoes
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August 09, 2019, 11:41:23 PM |
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BNB is very tied to Binance Exchange, when Binance was hit by a Hacker attack, BNB dump . but not long after BNB actually rose. this indicates that BNB is trusted. if the Binance community gets bigger, Eth can be defeated.
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Japinat
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August 10, 2019, 10:03:54 AM |
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BNB is very tied to Binance Exchange, when Binance was hit by a Hacker attack, BNB dump . but not long after BNB actually rose. this indicates that BNB is trusted. if the Binance community gets bigger, Eth can be defeated.
When it comes to hacking that would greatly affect the reputation of the site, maybe Binance just got lucky as the first attack was just not big enough that their SAFU funds can't cover, if that will happen again, I don't know where Binance will stand, probably it will drop from its ranking now.
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Weng_saboh
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August 10, 2019, 01:50:16 PM |
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this might happen if bnb is able to keep up with developments like ethereum. but this will not happen because ethereum has controlled the market that is already trusted, BNB is indeed a very fast price increase because many IEO programs in binance, which must use bnb coins to participate in the IEO program.
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