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Author Topic: Can Binance beat Ethereum  (Read 3013 times)
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February 22, 2020, 03:58:34 AM
 #121

It's not impossible in volume or market cap but its almost impossible in price wise. Binance keep rolling out new features daily now we have a market of earning as high as a 100% on each bear or bull prediction. They're always the first pioneer with great innovations in cryptocurrency just like their launch of IEO.

Although Binance adds new features in the project, it still difficult to beat Ethereum because Ethereum already becomes popular among the people. People still choose Ethereum as their investment, but the situations can be changed if Binance can start to increase the price, so people will see if Binance have a chance to grow. But still, it needs time for Binance to reach the price as what Ethereum did because now, Ethereum is like a king in the ERC-20 and it is getting support from many investors.



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February 22, 2020, 05:38:39 AM
 #122

Binance already has a lot of development and it has already influence many investors, so the question is if it can beat ETH? We will see, however, IMO, I believe that it's possible since they are all in altcoins and they are not BTC which has been dominating the market, so everything in altcoins which are legit has a chance to be number 1, personally I have no doubt that BNB will be the number in altcoins market.

You are right, they are developments makes everyone to attract BNB coin and activity. They are giving every update based on their customers. BNB has a higher chance to cross the value of ETH, because a BNB has all the facilities which they are strongly following their roadmap, in some cases, it is completely dominating the market.

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February 22, 2020, 06:06:04 AM
 #123

Ethereum is a public opensource blockchain While BNB is something different no doubt Binance has made great developments in the last two years but they will need a long journey to cross Ethereum as Ethereum is still in 2nd place in crypto trading and CMA list.

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February 22, 2020, 06:37:47 AM
 #124

Binance already has a lot of development and it has already influence many investors, so the question is if it can beat ETH? We will see, however, IMO, I believe that it's possible since they are all in altcoins and they are not BTC which has been dominating the market, so everything in altcoins which are legit has a chance to be number 1, personally I have no doubt that BNB will be the number in altcoins market.
we can see it later. I think that binance has made a very good development to date, but I don't think that binance coin will defeat ethereum. even in terms of usage, ethereum users are wider in their use. I am pretty sure that many people who have BNB also have ethereum, but not all ethereum holders have BNB in their wallet.

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February 22, 2020, 09:17:49 AM
 #125

As I do say, nothing is impossible in Crypto world but that will be a very good challenge to watch out for. ETH and BNB are two great projects. If BNB will beat ETH, it will take a while because ETH are not relenting.
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February 22, 2020, 09:30:14 AM
 #126

As I do say, nothing is impossible in Crypto world but that will be a very good challenge to watch out for. ETH and BNB are two great projects. If BNB will beat ETH, it will take a while because ETH are not relenting.
what you say is the same as my perception that in the crypto world it could all happen. but it also has to be realistic in seeing the situation, because after all ethereum is still the best and it's not easy to be able to shift. BNB is good and might try to look their best, but will ethereum also not look the same as BNB? obviously ethereum will still continue to be the best on altcoin.

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February 22, 2020, 09:58:18 AM
 #127

yes indeed binance is a worthy opponent of ethereum but personally i don't think he will ever be able to replace it, it is true that it is growing in value but out of the scope, out of the binance network/sites is little used instead ethereum and its blockchain are used by really many ico and new projects...
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February 22, 2020, 10:12:16 AM
 #128

Binance definitely gained fame due  to early runner advantage and it has kept adopting well to keep it's coin and the exchange going. Even during the troubled times in crypto market that we are having now binance exchange has been maintaining most of the crypto volume. With integration of binance coin to it's various services I think binance coin has a great Future.

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February 22, 2020, 11:21:08 AM
 #129

As I do say, nothing is impossible in Crypto world but that will be a very good challenge to watch out for. ETH and BNB are two great projects. If BNB will beat ETH, it will take a while because ETH are not relenting.
I agree with you. ETH and BNB are always good choices for investors, so many people will surely hold these coins in the long term. However, I feel Ethereum has more potential because this coin has a lot of big partners and upcoming Ethereum 2.0 will be launched and it will be a good time to witness the new growth of this coin.

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February 22, 2020, 12:26:46 PM
 #130

Crypto world is a world of competition. Very much possible for BNB to beat ETH. ETH of cause beat down some coins or tokens when it became popular. Nobody can really say though but let's keep our fibers crossed and keep watching what will happen in the next bull.
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February 22, 2020, 12:33:26 PM
 #131

Binance in my opinion is good in developing and building BNB Coin and I think I have a chance to defeat Ethereum even though in my opinion it takes a long time. Ethereum is already known as a business platform while BNB Coin is still known as a coin to reduce transaction fees on the Binance platform.

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February 22, 2020, 12:45:18 PM
 #132

Ethereum is still a popular platform besides Bitcoin. In addition, it seems that the Binance DEX hype is starting to fade and many new projects are still using ethereum networks. But seeing the development of Binance in the past few years, I think BNB is a pretty profitable investment in the future
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February 22, 2020, 12:58:55 PM
 #133

Few products launched by Binance like it's DEX and Launchpad were over hyped and now they are struggling. If you go to Binance DEX there is hardly any traffic. Few projects on Launchpad did not succeed to raise funds.

Ethereum on the other had isn now concentrating more on shifting from POW to POS consensus and targetting big corporations to adopt it's Blockchain.

In my opinion Ethereum will remain the second most valuable cryptocurrency for a long time.

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February 22, 2020, 04:29:18 PM
 #134

Do you want Binance to be able to beat ETH in price? or any other field? If you hope Binance can beat ETH in price then I think it will never happen, the price of ETH will definitely go up and return to ATH in the near future. But for Binance, I think its price will never go beyond $ 50
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February 22, 2020, 05:04:51 PM
 #135

The difference between ethereum and binance chain is the simple fact that binance has the exchange to back it up, ethereum doesn't. Now ethereum is a bigger coin, been the second ranking coin for a long time with only a small stint at third place, which means it is still loved and cherished, I do hope that will continue for years to come because I see a lot of greatness in ethereum.

However, when you do a coin offering with ethereum, you still need to make sure your coin will eventually get listed somewhere, if you are a coin that got good funding then you can pay the exchanges to list you as well but still all depends on what you will do with the money. Whereas if you are a binance chain type of coin with IEO, that means you will be listed right away and will be able to buy/sell quickly. That is a huuuuge difference.

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February 22, 2020, 05:22:47 PM
 #136

The truth is that the exchange giant is growing every day and I have discovered they have always found a way of implementing the use of the BNB as part of any business they create making the demand for the coin to continue to increase and this is exactly what happened last year during the DEX last year. There was great demand for the binance coin. Most time when new project is listed on the platform launchpad, the major requirement for investing is always BNB coin which always drag the price upward. I believe if the binance keep developing and finding way to continue the increase usage of BNB, they the coin might overtake ETH one day
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February 22, 2020, 10:12:25 PM
 #137

Maybe it was someday and who knows.
But the current market position for both of them is still far from the defeat. Ethereum could still lead all altcoins in terms of market volume and as well as the number of users. No doubts that both of them are profitable but is matters only how the investors appreciate each coin.

   Nobody knows, that's true, but I doubt that Binance will beat Ethereum in the long run. Maybe Binance can come close, but
the future will be decentralized and Ethereum has an advantage there.
   It's my opinion. Many people here on forum talk that in next 10 years we will see many changes, one of them is people moving
from centralized exchanges to DEX. If that really happens Binance will not be able to compete with Ethereum.
The competition still on-going and people could also decide which one they have to put their money.
Having 10 years in a row is totally a lot of changes that may happen and I am sure that these two coins are still in the market and one of the trusted coins in the market even one of them will change into centralized or decentralize form.
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February 22, 2020, 10:56:54 PM
 #138

Just take a fact Binance-fanboy, Binance won't beat Ethereum anytime later even in afterlife. That's impossible to actually beat Ethereum even Binance is so hype right now.

Although Ethereum suffers a lot last month but it's still a piece of cake for Ethereum to recover like what we are experiencing right now.

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February 22, 2020, 11:01:23 PM
 #139

No doubt binance is growing nicely and it has even been obtaining licenses to operate locally in many countries which is very encouraging to see with regards to a crypto project and this also indicates that world is slowly started to accept the importance of crypto projects, regarding the comparison between bnb and eth i think i will agree with the point that as soon as eth network improves its network to a faster and cheaper one then eth will adapt quickly and there will not be any stopping, bnb also has good potential but still it is a privately owned and controlled project where as Eth network is one of the most decentralized project around and its scope of features and work is huge when compared to binance.

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February 22, 2020, 11:02:55 PM
 #140

That's impossible to actually beat Ethereum even Binance is so hype right now.
There's nothing impossible in crypto, maybe you are a real fanboy of ETH because you don't see that possibility.
Actually, IMO, anything nothing is permanent in altcoins in ranking, it was even replace by XRP in ranking, so it's possible, if ETH will under perform binance would take the lead for sure.

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