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Author Topic: Can Binance beat Ethereum  (Read 3049 times)
lunnatic
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June 13, 2020, 12:40:54 PM
 #321

the potential of Binance to defeat ethereum does exist, but for the short term it might not be possible,
if choosing between Ethereum and Binance, I prefer the Binance platform



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June 13, 2020, 01:01:21 PM
 #322

Where is the ideal of Binance seen Ethereum as an opponent to take down? It is other the way around, where Ethereum already has its erc20 token trading platform without even need the traditional way of exchange.
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June 13, 2020, 06:13:22 PM
 #323

binance and ethereum are both potential coins, and we know that binance has great confidence as the best exchange at the moment. even though they have experienced a disaster, but the comfort of consumers is still maintained, so that if this is maintained or even improved, binance will still be ranked top in the coin marketcap. but I still doubt if binance can beat ethereum
I agree with you. Ethereum is in second place according to CMC's ranking. It will not be easy for BNB to defeat ETH. But in the crypto world this is not impossible.

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June 13, 2020, 07:39:26 PM
 #324

We will just have to wait and see but I think if there is a chance of any coin to ever beat Ethereum it is definitely binance. It is not XRP because they are scammers who print millions of XRP whenever they want to and sell it on the market and make millions of dollars in profit, keep the company going with that profit, sign deals with people, buy companies with that money and all of it is thanks to them selling it to you without them spending a single cent on it.

It is not BCH or BSV or any other fork, because they are fake and only out there doing it for their own profit and nothing else. The only one is BNB because it can actually be used for something, which gets a bigger options nowadays but let's be honest the biggest thing it is used is trading fees from people.
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June 13, 2020, 07:53:45 PM
 #325

binance and ethereum are both potential coins, and we know that binance has great confidence as the best exchange at the moment. even though they have experienced a disaster, but the comfort of consumers is still maintained, so that if this is maintained or even improved, binance will still be ranked top in the coin marketcap. but I still doubt if binance can beat ethereum

There is a lot of competition in the exchange business. Before binance came, others exchanges were also in the top rank and binance is leaving them behind and going to the top. Now there is no guarantee that binance will always be on top. Because better exchanges than binance can come to the market, and they can go to the top. Those who provide good service will get the support of traders. This will affect the binance token as well. So it would not be right to compare Binance with ETH now.

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June 13, 2020, 08:49:03 PM
 #326

Despite all that you mentioned BnB is trying with its tools but I feel whole lots of persons still have reservations on BnB as when compared with ETH. I think ETH is a household name.

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June 13, 2020, 09:28:49 PM
Last edit: June 13, 2020, 10:54:17 PM by Danslip
 #327

In my mind it is just possible for BNB to overcome ETH. It doesn't matter BNB was hit to coinmarketcap or not. It is just doubt to think about that for me. It doesn't mean that BNB is not good or bad coin, but ETH is better than other altcoins. BNB can have some many products, it can not help BNB to make something better than ETH. No exaggeration to say that l don't believe that there can be also other cryptocurrency, which can beat ETH.

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June 13, 2020, 11:24:49 PM
 #328

This year I prefer to invest in BNB because this coin gives me more investment benefits and if you are an investor who likes to make a profit then BNB is the right choice. In addition, you can also join IEO at this exchange because the IEO projects at Binance all force users to use BNB and this caused BNB's price to increase very rapidly last year. I think this year the price of BNB will probably reach new ATH soon and this is the investment you should consider instead of investing Ethereum.
In one year, how many IEO runs by Binance exchange? This number is very few, only for this point we can't invest in Binance coins. When was the best pump in Binance coin? The first quarter of last year. New development or features are more effective to price up. Binance can't beat Ethereum and until ETH 2.0, Ethereum blockchain is the right platform.

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June 13, 2020, 11:49:08 PM
 #329

In my mind it is just possible for BNB to overcome ETH. It doesn't matter BNB was hit to coinmarketcap or not. It is just doubt to think about that for me. It doesn't mean that BNB is not good or bad coin, but ETH is better than other altcoins. BNB can have some many products, it can not help BNB to make something better than ETH. No exaggeration to say that l don't believe that there can be also other cryptocurrency, which can beat ETH.
why do you think this will not happen? Just analyze how BNB develops and how ETH develops. I believe that the development of BNB is faster and the Binance community is very strong. Blockchain transactions are cheaper and faster. BNB has more advantages. this is what I see in the past 2 years

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June 13, 2020, 11:58:54 PM
Last edit: June 14, 2020, 05:08:43 AM by Zemomtum
 #330

The way Binance is going, I will not be surprised if it beat ETH, the use cases of BNB coin keep on going almost at a very high speed. But in other scenarios, most of the App is build on top of ETH, which makes it a project to be reckon with.

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June 14, 2020, 04:22:08 AM
 #331

In my mind it is just possible for BNB to overcome ETH. It doesn't matter BNB was hit to coinmarketcap or not. It is just doubt to think about that for me. It doesn't mean that BNB is not good or bad coin, but ETH is better than other altcoins. BNB can have some many products, it can not help BNB to make something better than ETH. No exaggeration to say that l don't believe that there can be also other cryptocurrency, which can beat ETH.
why do you think this will not happen? Just analyze how BNB develops and how ETH develops. I believe that the development of BNB is faster and the Binance community is very strong. Blockchain transactions are cheaper and faster. BNB has more advantages. this is what I see in the past 2 years

Now, let's wait for another 2 years, and let's re-assess the developments between ETH and BNB. But right now, I still go for eth as more people are using it as compared to BNB. BNB is an exchange coin, so whatever happens to the exchange, will affect their performance as well. Though they are pretty strong right now, but ethereum's coverage is wider than BNB.
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June 14, 2020, 04:49:38 AM
 #332

Ok let see how will i put it Put the business behind and look at the two coin am sure you will find absolute difference in terms of technicals and use case So basically they are different and i dont think BNB is surpassing ETH but they are all good investment coins

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June 14, 2020, 05:07:12 AM
 #333

The Binance coin will never beat the Ethereum because both have different features and services they offered. The BNB coin is only the crypto coin which is represent the Binance exchange as a medium of investment for the Binance project. But, Ethereum has it's own blockchain and upon this blockchain several other cryptos have taken birth. So, ETH has unique project and it is the first choice of investment and demand also high in long run.
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June 14, 2020, 11:11:29 AM
 #334

There is possible happen that binance can beat ethereum if binance keeps improvement. Well we don't know what will happen in the future but for sure both were good investment.

There is no point in comparing BNB with Ethereum, because they had different goals when they were created. The goal of creating Ethereum is to create decentralized services based on the blockchain. And the purpose of creating BNB was to attract funds from investors to create the Binance exchange.

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June 18, 2020, 02:43:26 AM
 #335

Binance team are the most hardworking team I've ever seen in crypto space, they managed to deliver what many projects can't do, now we have binance chain which is a smart contract network like ethereum but I doubt developers will have interest more in binance chain over ethereum, that's the most important part

That's certainly true, mate. Binance has been delivering innovation ever since it came into inception back in 2017. While it's own blockchain platform is still new to the world, it can become a huge contender of Ethereum if it obtains mainstream adoption from businesses and companies alike. Binance chain's biggest feature is unparalleled scalability with low fees and high transaction processing times. This could make BNB an attractive option for "decentralized" commerce. Since ETH is still clogged with high transaction load, settlement times are slow and fees are ridiculously high at times.

Of course, ETH will scale with the upcoming PoS upgrade. But it won't be enough since Binance Chain's "Tendermint BFT" is superior. Perhaps, BNB will be able to complement Ethereum serving as a separate platform for security tokens, IEOs, and more. The world's second-largest cryptocurrency by market cap (ETH) will remain unbeatable due to its decentralized and censorship-resistant properties. Neither Binance will be able to replace Ethereum or vice versa because of the different ways they're organized (either centralized or decentralized). With use cases in life, both chains will head their separate ways for the foreseeable future. Just my opinion Smiley

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June 18, 2020, 03:24:38 AM
 #336

There is possible happen that binance can beat ethereum if binance keeps improvement. Well we don't know what will happen in the future but for sure both were good investment.

There is no point in comparing BNB with Ethereum, because they had different goals when they were created. The goal of creating Ethereum is to create decentralized services based on the blockchain. And the purpose of creating BNB was to attract funds from investors to create the Binance exchange.
in addition, the function of ethereum is very broad compared to binance coins. although the potential of BNB is very large due to the development of binance, but I think the development of ethereum is far greater than that of BBN today. Well, even for the fund of the project sometimes only uses bitcoin and ethereum. many other functions make ethereum a priority over BNB.

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Vitalicus
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June 18, 2020, 03:27:27 AM
 #337

Binance team are the most hardworking team I've ever seen in crypto space, they managed to deliver what many projects can't do, now we have binance chain which is a smart contract network like ethereum but I doubt developers will have interest more in binance chain over ethereum, that's the most important part

That's certainly true, mate. Binance has been delivering innovation ever since it came into inception back in 2017. While it's own blockchain platform is still new to the world, it can become a huge contender of Ethereum if it obtains mainstream adoption from businesses and companies alike. Binance chain's biggest feature is unparalleled scalability with low fees and high transaction processing times. This could make BNB an attractive option for "decentralized" commerce. Since ETH is still clogged with high transaction load, settlement times are slow and fees are ridiculously high at times.

Of course, ETH will scale with the upcoming PoS upgrade. But it won't be enough since Binance Chain's "Tendermint BFT" is superior. Perhaps, BNB will be able to complement Ethereum serving as a separate platform for security tokens, IEOs, and more. The world's second-largest cryptocurrency by market cap (ETH) will remain unbeatable due to its decentralized and censorship-resistant properties. Neither Binance will be able to replace Ethereum or vice versa because of the different ways they're organized (either centralized or decentralized). With use cases in life, both chains will head their separate ways for the foreseeable future. Just my opinion Smiley
Super, dude! This is a clear and accurate perspective about ETH and BNB positions on the market. Each of them heads different way than another, therefore, neither of them will be able to beat another. In general, both of them have some significant effects to the market in many ways! One will be superior than another in different circumstances!

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June 18, 2020, 03:28:38 AM
 #338


Now, let's wait for another 2 years, and let's re-assess the developments between ETH and BNB. But right now, I still go for eth as more people are using it as compared to BNB. BNB is an exchange coin, so whatever happens to the exchange, will affect their performance as well. Though they are pretty strong right now, but ethereum's coverage is wider than BNB.
Agree, BNB coins become popular because they have a large Exchange, many Crypto Traders around the world use their Exchange, So their coins get more attention from the traders. I personally consider if the Binance Team able to maintain this good reputation then I am sure BNB can beat ETH.

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June 18, 2020, 04:39:04 AM
 #339


Now, let's wait for another 2 years, and let's re-assess the developments between ETH and BNB. But right now, I still go for eth as more people are using it as compared to BNB. BNB is an exchange coin, so whatever happens to the exchange, will affect their performance as well. Though they are pretty strong right now, but ethereum's coverage is wider than BNB.
Agree, BNB coins become popular because they have a large Exchange, many Crypto Traders around the world use their Exchange, So their coins get more attention from the traders. I personally consider if the Binance Team able to maintain this good reputation then I am sure BNB can beat ETH.
Absolutely BNB can beat ETH one day because if you are an investor interested in making profits, then BNB is the first choice that you think of. In addition, holding BNB will bring a lot of opportunities for you to participate in some IEO projects proposed by Binance. Of course, that is why I like BNB because IEO projects always bring investors huge profits.






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June 18, 2020, 07:00:22 AM
 #340


Now, let's wait for another 2 years, and let's re-assess the developments between ETH and BNB. But right now, I still go for eth as more people are using it as compared to BNB. BNB is an exchange coin, so whatever happens to the exchange, will affect their performance as well. Though they are pretty strong right now, but ethereum's coverage is wider than BNB.
Agree, BNB coins become popular because they have a large Exchange, many Crypto Traders around the world use their Exchange, So their coins get more attention from the traders. I personally consider if the Binance Team able to maintain this good reputation then I am sure BNB can beat ETH.
Absolutely BNB can beat ETH one day because if you are an investor interested in making profits, then BNB is the first choice that you think of. In addition, holding BNB will bring a lot of opportunities for you to participate in some IEO projects proposed by Binance. Of course, that is why I like BNB because IEO projects always bring investors huge profits.
Not for sure! BNB and ETH have different pathways than you know, they don't head the same way. However, in the general perspective, ETH is the second biggest coin in the market. Most of newbies come to the cryptocurrency world through ETH. ETH also has a lot of significant changes and clear plans for their future. I have to admit that BNB teams are working really hard to gain their position in the market. However, it's too hard for BNB to take down ETH!

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