TastyChillySauce00
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Leading Crypto Sports Betting & Casino Platform
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April 28, 2020, 10:11:03 AM |
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I doubt that the Binance coin will turn out something similar. Ethereum is an entire ecosystem of smart contracts, programming code, and a huge community of developers. While the coin of the Binance exchange is only the result of extremely successful speculation and manipulation of the human mind and economy.
in technology owned, eth will be more useful in the ecosystem of technological development in crypto, and more in a exchange. I think both of them have their own potential, so the results will definitely be different. but for competition I believe more in eth because the need for crypto development requires a lot of technology in ethereum Of course ETH would be a better option but if you only care about profit then BNB is a good choice for you. I have invested a lot in this coin and have never let me down because the value of BNB keeps rising very high and sometimes surpassed the old ATH last year. Now everyone knows BNB and I'm sure I will hold it waiting for new price increases this year. The price pumping mostly driven by the fact that Binance as a top exchange always performed well and I applause that but to say that if some people are profit oriented they should go for BNB is a little wrong, after all there's no guarantee that BNB will always stay the same like this, moreover a token that represents centralized exchange could "crumble" easily compared to real decentralized cryptos.
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Sanitough
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May 02, 2020, 11:50:02 AM |
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How can an exchange beat the blockchain network? The name of the thread is a little strange
Based on the OP, he was referring on the coinmarketcap, so let's assume that he meant it's the race in coinmarketcap. Ethereum is currently rank at number 2, while Binance or BNB is rank at number 8,, they are not close but why are people comparing these 2? my answer is because people are seeing the potential of Binance that it will surpass the number 2 in the future. Binance is not just an exchange, they have a network already and they won't stop developing.
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Balladtony77
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May 02, 2020, 11:59:40 AM |
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Binance can beat other exchanges easily but not ethereum, in terms of usefulness ethereum beats BNB token, though we have binance chain now, maybe that can surpass ethereum in future but I doubt it's possible
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Chukwunonso
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May 02, 2020, 01:39:42 PM |
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I must confess that I'm amazed with the performance of binance over the years. The project seems to be sweeping through the space with great enthusiasm. Looking back at the challenges that the project has encountered and their resilience, I can beat my chest that this project is going to make us proud.
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Jennygirl
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May 02, 2020, 01:46:03 PM |
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I think it is very difficult to happen, because Ethereum is a well-known smart contract project and many companies have used Ethereum project, while Binance is only the biggest exchange project, so it is very difficult for Binance to defeat Ethereum, although someday Binance will making smart contract project but I'm sure people will trust to use project from Ethereum rather than Binance, so in my opinion it's very difficult for Binance to defeat Ethereum.
You made a very good point, but you need to consider the fact that binance has grown to be more than just a cryptocurrency exchange. They've been making substantial movement in the cryptocurrency space and getting a smart contract is more closer than it seems.
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Valzador
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May 02, 2020, 01:48:39 PM |
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Binance can beat other exchanges easily but not ethereum, in terms of usefulness ethereum beats BNB token, though we have binance chain now, maybe that can surpass ethereum in future but I doubt it's possible
Binance will not be able to compete with ethereum because, at this time, ethereum has many users and is supported by many developers. Coin Binance is not supported by developers yet, and only a few use the Binance chain.
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Malam90
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May 02, 2020, 01:49:45 PM |
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Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain. But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200. Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day. Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry. We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team. - Binance Exchange
- Binance DEX
- Binance Chain
- Binance Fiat services
- Binance Launchpad
- Having giant partners
Binance acquire Trust Wallet, WazirX Indian Market. Binance coin will make history buy using like these above mentioned features and many more. I think someday BNB will beat ETH, What you Think Binance is rapidly spreading its business that is really good for the well being of cryptocurrency. Yes BNB trading started $0.1 and hit $39 in May 2019. Binance is really worth of acquiring 3rd place at any time but it is very difficult to beat ETH in the near future but in the long run, it can beat ETH.
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Esterklu
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May 02, 2020, 04:38:02 PM |
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You compare completely different things. The purpose of coins is different. I don't think BNB can ever beat ETH. However, this does not negate the fact that BNB is a good, widely used coin.
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AssociatesBumble579
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May 02, 2020, 06:07:21 PM |
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Ethereum and Binance both are a profitable project. Binance product has grown a lot. But it is less than Ethereum. Where the market capitalization of Ethereum is $23,894,005,904 USD, and the other side the capitalization of the Binance is $2,741,092,821 USD only. Both also have a good development in each record .
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SistaFista
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Hexhash.xyz
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May 03, 2020, 04:10:22 AM |
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From the data of coinmarketcap, we know that ethereum have the 2nd most market cap. I think it will be hard for bnb to surpass eth market cap because eth total supply will keep increasing (have no fixed supply). Ethereum blockchain is used by many platforms, so the price will be stable at the top.
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CryptoCrawler_2017
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May 03, 2020, 04:29:04 AM |
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Binance is great & is eating the big portion of this crypto cake since late 2018. Nothing beats Binance when it comes to exchanges. Will it beat Etherum itself, don't think so man. BNB is worth a lot yeah & can be worth even $100, it deserve it but this is not gonna happen any sooner, not even in the next couple years, in the long run, if this crypto business stays still, BNB may reach the $100 level mark (talking about 3 - 5 eyars from now).
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Lexurdania
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May 03, 2020, 04:53:31 AM |
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Binance is great & is eating the big portion of this crypto cake since late 2018. Nothing beats Binance when it comes to exchanges. Will it beat Etherum itself, don't think so man. BNB is worth a lot yeah & can be worth even $100, it deserve it but this is not gonna happen any sooner, not even in the next couple years, in the long run, if this crypto business stays still, BNB may reach the $100 level mark (talking about 3 - 5 eyars from now).
Agree, maybe BNB Coin price growth has been amazing since it was launched but ethereum has become the second favorite coin after Bitcoin. It is possible that in the next few years BNB Coin will be able to overtake ethereum in price but it will take time and hard work from the team.
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BD Money365
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May 03, 2020, 07:43:37 AM |
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I Don't think binance can beat ethereum. Because countless bitcoin buyers and sellers mainly benefit from peer-peer retain not at all uniform heard of BNB, though they recognize ethereum fully and trade it. I enjoy been educating them about binance for the reason that of its buoy up for about fiat and has extraordinarily important liquidity with outstanding consumer service. Binance is a fantastic substitute but ethereum is a dependable mission with a advantage group of people
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b1k4ng
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May 03, 2020, 08:28:14 AM |
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Can Binance defeat Ethereum? can never bro. because they are different, so don't ever compare the two and you should first find out the difference between ETH and BNB
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thisnewcoin
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Convert Crypto at BestChange
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May 03, 2020, 10:07:47 AM |
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I don't think Binance can overtake the Ethereum, there have more coins that Binance needs to overcome first to get close to Ethereum. Binance platform, the ecosystem is great, no doubt. It is the most updated crypto network, they never stop developing! In the next couple of years, if binance continues these developments, then Binance maybe will overtake the Litecoin or Bitcoin SV in market cap, but it can't replace the Ethereum's position! As Eth 2.0 will be launched in this year, so, that will boost the Ethereum blockchain, and Binance will be a fan of Ethereum, not a competitor!
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Viscore
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May 03, 2020, 11:36:34 AM |
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As Eth 2.0 will be launched in this year, so, that will boost the Ethereum blockchain, and Binance will be a fan of Ethereum, not a competitor!
We need to see this first and the reaction of the people in crypto, if this is a success then maybe we will see ETH pump and might not rely on bitcoin to achieve that. It's not that because ETH is rank at number 2 now, it's irreplaceable, remember it was replace by XRP at some time in the past, ETH just reclaim its rank and held steadily.
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LazerPanther
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May 03, 2020, 12:51:46 PM |
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Can Binance defeat Ethereum? can never bro. because they are different, so don't ever compare the two and you should first find out the difference between ETH and BNB
Agree with you, he doesn't understand ETH and BNB. He should find out everything carefully before making judgments, to me BNB will not be able to beat ETH. If possible, BNB will surpass ETH in price
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Finestream
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May 03, 2020, 11:27:33 PM |
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Can Binance defeat Ethereum? can never bro. because they are different, so don't ever compare the two and you should first find out the difference between ETH and BNB
Agree with you, he doesn't understand ETH and BNB. He should find out everything carefully before making judgments, to me BNB will not be able to beat ETH. If possible, BNB will surpass ETH in price It's not necessary, what's necessary is that BNB will rise in value so it will increase its marketacap, the ranking is only based on marketcap. here's there respective marketcap based on https://coinmarketcap.com/. Binance Coin $2,661,627,841 Ethereum $23,388,367,372 Therefore BNB has to rise, therefore if BNB will rise 10 times from its current price, it will already beat Ethereum in the ranking, and that price BNB will get is just below $200, lower than the current price of ETH now.
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Denreal
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May 03, 2020, 11:32:14 PM |
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From the data of coinmarketcap, we know that ethereum have the 2nd most market cap. I think it will be hard for bnb to surpass eth market cap because eth total supply will keep increasing (have no fixed supply). Ethereum blockchain is used by many platforms, so the price will be stable at the top.
BNB is trying to achieve that too and that was why a DEX was created for it. Although that was a good thought and step taken by CZ, no matter how much he tries to list more projects that use Binance Chain on it, BNB can not still surpass ETH. not many projects that stays on it for long and in as much as ETH is still accommodating for more projects, it will continue to remain relevant and will keep maintaining its position.
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abayan
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May 03, 2020, 11:45:18 PM |
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Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain. But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200. Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day. Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry. We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team. - Binance Exchange
- Binance DEX
- Binance Chain
- Binance Fiat services
- Binance Launchpad
- Having giant partners
Binance acquire Trust Wallet, WazirX Indian Market. Binance coin will make history buy using like these above mentioned features and many more. I think someday BNB will beat ETH, What you Think Well I didn't think that bnb will surpass that fast the ethereum they need to work for more, ethereum has a success stories it was a long way to run before it happen because bnb has exchange tunning IEO, has a binance dex but still ethereum remain on the position of it, if they do something new maybe the price will goes up?
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