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Author Topic: Can Binance beat Ethereum  (Read 3010 times)
cepot9
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May 25, 2020, 04:41:41 PM
 #281

Don't forget, now Binance also gets Coinmarketcap. It is remarkable that the growth of the Binance business. Of course this makes BNB also grow, their community is getting better. Most likely it will happen if Ethereum doesn't do something.
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May 25, 2020, 05:31:57 PM
 #282

It might not be an easy task like that. 80% of the project is built on ETH platform so what is the big deal. Where us the NEO today that was termed Ethreum killer?
NEO has gone with his protocol. The fact that if the majority of new smartcontracft platforms only sold the gimmick to the buyers. NEO can't even defend its position from the newcomers. NEO has already planned to relaunch its platform
no one can be an Ethereum killer until now, Ethereum will always be the project choice for their platform,
although many token platforms are developing, ethereum will be number one

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May 25, 2020, 05:38:49 PM
 #283

At this point there is not chance. Even if Cardano proclaims to be and have a livid community, there is no Ethereum killer in sight. Ethereum has the power and team behind to make it even more an industry standard as it already is. If they can get rid of all the issues with the switch to POS, they are at the forefront of scalable and trustworthy blockchains. That means more apps get developed, more Ethereum tokens, more acceptance if everything goes according to the plan.
The Binance coin was intended to be a representative of the Exchange, a self-made necessary asset to coerce people to buy to get lower trading fees at the platform. It´s a mere asset, not somethign to build the future upon
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May 25, 2020, 07:00:10 PM
 #284

Don't forget, now Binance also gets Coinmarketcap. It is remarkable that the growth of the Binance business. Of course this makes BNB also grow, their community is getting better. Most likely it will happen if Ethereum doesn't do something.
They are growing every day, but not enough. In any case, BNB is just a utility token used at Binance exchange. The value of BNB will definitely increase in the future, but to be able to defeat ETH is an impossible task for them.
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May 25, 2020, 07:38:24 PM
 #285

To be honest and straight forward, Binance can never take over from ethereum. Binance is known for its famous exchange. the number one cryptocurrency exchange in the world. ethereum on the other hand is the number one cryptocurrency project that introduces the use of smart contract to develop others project. ethereum has many more projects to work on while binance is a finished project. it is obvious that binance copied ethereum framework to further it's project.
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May 29, 2020, 05:06:50 PM
 #286

It's hard at this moment. But if you ask me to pick one for investment maybe I would go with eth and bnb both. But if you ask me same question few years agoni might not pick binance. Cause bnb was just a exchange country at that moment. But time to time they developed so much. Now they have their won chain, a supported dex., best ieo launched platform now they own many more things. And one single coin bnb. So it has big future in upcoming days.

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May 29, 2020, 05:13:43 PM
 #287

BNB is largely depended on the sucess of binance ecosystem and binance though seems to be ticking all the right boxes at the moment, would fall behind one way or another in the future. Nothing is future proof specially in blockchain technology. A solid but unseen rival of binance could come in face of a decentralized exchange. With the development of cross platform integration, dex may get much more powerful than centralized exchanges and let the job done in much efficient way.

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May 31, 2020, 12:36:05 PM
 #288

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 Smiley

everyone knew binance has a lot of great things inside,
but personally i believe on ethereum as the first smart contracts project in crypto world
so, i think BNB will never beat ETH

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May 31, 2020, 12:42:56 PM
 #289

maybe yes maybe not, because the volume of coin transactions is determined by market demand, if investors start switching to invest in BNB it is clear that BNB will be superior to ETH, but for now ETH is still far superior because many platforms have collaborated with ETH.

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May 31, 2020, 01:02:17 PM
 #290

We all know ethereum and binance are good crypto. Of these two, certainly etherum and binance have their respective advantages and disadvantages. What is certain is that everyone will always have different opinions and choices, for me personally I definitely prefer binance. Although Binance is difficult to defeat Ethereum.

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May 31, 2020, 01:04:16 PM
 #291

maybe yes maybe not, because the volume of coin transactions is determined by market demand, if investors start switching to invest in BNB it is clear that BNB will be superior to ETH, but for now ETH is still far superior because many platforms have collaborated with ETH.
And finally, what is your opinion? Make it clear. Personally, I believe that BNB will never be able to surpass ETH in this market, the price of BNB will never go through ETH because both are so far away.

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May 31, 2020, 02:52:07 PM
 #292

Don't forget, now Binance also gets Coinmarketcap. It is remarkable that the growth of the Binance business. Of course this makes BNB also grow, their community is getting better. Most likely it will happen if Ethereum doesn't do something.
They are growing every day, but not enough. In any case, BNB is just a utility token used at Binance exchange. The value of BNB will definitely increase in the future, but to be able to defeat ETH is an impossible task for them.
No matter what happens when you enter this market, I am sure BNB is the safest option in this market. Of course, the value of BNB will usually increase when the market enters a bull phase but occasionally will collapse when the bear market returns. During this time, investing BNB is a good choice for investors, and you should consider carefully before making a decision.






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May 31, 2020, 03:43:40 PM
 #293

ETH is currently in second place and it will not be easy for BNB to defeat ETH, but it is not impossible in the crypto world because the ups and downs of transaction volume are determined by market demand.

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May 31, 2020, 05:16:56 PM
 #294

Beating ethereum is not easy for any coin, however it is possible if ethereum loses. There are times in the world, especially in sports it happens a lot, sometimes one team doesn't really win the game, its the other team that loses the game. This is definitely that type of situation.

BNB is great and it will probably worth a lot in the future, the more they burn the more the price goes up, and the more reasons there is to use BNB the more we will need it as well. I don't know what is the end game there but eventually we will have very limited supply with very big demands. Yet it is still not as huge as ethereum which is the second biggest currency in crypto world and it has a very important advantage of adoption and awareness. So unless ethereum does something that will lose its place, I feel like BNB has no chance.
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May 31, 2020, 06:02:53 PM
 #295

This is really going to be a bit difficult to say because they are both great projects and in terms of services they both serves right, but am going to give credit to Binance for its wonderful service and transparency while Ethereum remains my favorite.

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May 31, 2020, 06:19:56 PM
 #296

ETH is currently in second place and it will not be easy for BNB to defeat ETH, but it is not impossible in the crypto world because the ups and downs of transaction volume are determined by market demand.
if Binance in the future is always the best crypto currency exchange platform,
then BNB will be a very good coin in terms of performance and I'm sure maybe Ethereum could also be lose to BNB

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May 31, 2020, 09:32:45 PM
 #297

ETH is currently in second place and it will not be easy for BNB to defeat ETH, but it is not impossible in the crypto world because the ups and downs of transaction volume are determined by market demand.
ETH is second place for BTC, but for me, it is just in the first place among other altcoins. It is out of the question to compare ETH to other cryptocurrencies. ETH is most remarkable coin. But if we are talking about ETH vs BNB, BNB is also good but not enough to beat ETH. As you said it is not so easy as expected for BNB to defeat ETH.

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May 31, 2020, 09:56:23 PM
 #298

This is really going to be a bit difficult to say because they are both great projects and in terms of services they both serves right, but am going to give credit to Binance for its wonderful service and transparency while Ethereum remains my favorite.

after binance coin run on its own chain, a lot of tokens created on binance chain
but thats never change my mind if bnb can't beat ethereum, for me ethereum will always be the best altcoins


SHREW
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qory
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May 31, 2020, 10:25:26 PM
 #299

Never have chance to binance can beat ethereum because most older ethereum than binance coin, how many time Binance coin try to burn but never can beat ethereum price and keep ethereum above on binance, binance just create last two year ago and ethereum have been in long term after bitcoin, maybe if Binance serious how to beat ethereum they have try thousand way not only burning coin but develpoer must buy back their coin to make price on the top and can beat ethereum.

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June 01, 2020, 01:05:31 AM
 #300

Never have chance to binance can beat ethereum because most older ethereum than binance coin, how many time Binance coin try to burn but never can beat ethereum price and keep ethereum above on binance, binance just create last two year ago and ethereum have been in long term after bitcoin, maybe if Binance serious how to beat ethereum they have try thousand way not only burning coin but develpoer must buy back their coin to make price on the top and can beat ethereum.
i agree with your opinion.
binance has made several attempts but until now it has not been able to defeat ethereum, this is why i always say that ethereum will not be easy to take down. ethereum has a community and also has strong trust from its holders.

there might be opportunities in the future, but as you said, developers must buy back their coins.
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