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Author Topic: What happens to BNB after 5 years?  (Read 506 times)
kaneki007
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February 23, 2020, 02:49:57 AM
 #61

If you believe in the project, you'll always think positive and for me, I believe BNB will be a success, maybe 5 years from now we will see it at a price of $1,000 per BNB, and I know it's not impossible as ETH had achieve that price from below $1 ICO price if I am not mistaken.
Indeed everything can happen in the next 5 years, but if BNB has not touched price 1k$ you will still sell it in the next 5 years? I mean is if the price might still be hundreds of dollars or you will hold it until it happens?

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Innocant
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February 23, 2020, 03:06:20 AM
 #62

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Five years is a long way to go and we have no way of knowing what will they implement to stay in the top of the game, they are leaders for years now and although there are exchanges who claims that they have a much bigger volume, Binance is still considering the king because of the many innovations they've created in industry.
Yes its a long way to go and Ill think their something happen while we are waiting on that year, Maybe some of our BNB coins we have sell it already or trade it to another altcoins that have a potential and have a future. As of now we cant feel yet about this happen from crypto and we saw only reach the bitcoin into a $10000 price and thats good for us also than to back into $6000.
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February 23, 2020, 04:01:28 AM
 #63

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
BNB will be only use in their exchange especially in the new IEO that will be launch in their launchpad. I cannot see a wide usage of BNB so I cannot think whether BNB will continue to dominate other currencies 5 years from now.

Though it is a a very popular exchange and also to the IEO owners, so there is still a chance for BNB to rank up if they can also widen their marketing while thinking other ideas on how they can use their currency in a wider area.

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February 23, 2020, 04:17:27 AM
 #64

If you believe in the project, you'll always think positive and for me, I believe BNB will be a success, maybe 5 years from now we will see it at a price of $1,000 per BNB, and I know it's not impossible as ETH had achieve that price from below $1 ICO price if I am not mistaken.
Indeed everything can happen in the next 5 years, but if BNB has not touched price 1k$ you will still sell it in the next 5 years? I mean is if the price might still be hundreds of dollars or you will hold it until it happens?
Good question, it's tough to say that after waiting for that long years you will keep holding for sure some adjustments and movements that will happen
around once you see satisfying value from your assets. BNB always have a very big chance to grow since the exchange are really doing well but reaching that amount will take some longer time.

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February 23, 2020, 07:06:29 AM
 #65

We really don't know what will happen to BNB after 5 years but for sure the price will increasing maybe we can see BNB reaching $1000 price if the team still active and also the binance exchange. Seems the binance exchange is the power source of BNB.
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February 23, 2020, 07:55:01 AM
 #66

It is obvious that BNB is a great project with a financially strong backing of a hard working team. I know and believe in the next five years, if they maintain their integrity and hard work, they will not only be at the top but the most respected coin ever. I haven't seen any other project this cool.
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February 23, 2020, 09:15:07 AM
 #67

In my opinion BNB Coin still depends on the Binance exchanger and I think the price in the next 5 years will depend on the performance of the transaction at Binance. But with the continuous development of the platform and also as a native token one of the biggest exchangers, I think BNB Coin can be a profitable investment

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February 23, 2020, 10:51:30 AM
 #68

Are you kidding? BNB coin is used among the whole Binance ecosystem such as Binance Chain, Binance DEX, Binance lending and margin platform, also the number of BNB constantly decreasing so people are motivated to hold it.  Smiley

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February 23, 2020, 12:29:12 PM
 #69

Are you kidding? BNB coin is used among the whole Binance ecosystem such as Binance Chain, Binance DEX, Binance lending and margin platform, also the number of BNB constantly decreasing so people are motivated to hold it.  Smiley

It is true that every year they burn a certain amount of BNB and therefore the circulating supply is declining. But this is not being reflected in the exchange rates. By mid-2019, the prices were around $40 per coin, which declined to $12 per coin six months later. Now BNB is undergoing some sort of recovery and the prices have raised to $22. But still, it is a long way away from the ATH.
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February 23, 2020, 12:37:47 PM
 #70

Are you kidding? BNB coin is used among the whole Binance ecosystem such as Binance Chain, Binance DEX, Binance lending and margin platform, also the number of BNB constantly decreasing so people are motivated to hold it.  Smiley

It is true that every year they burn a certain amount of BNB and therefore the circulating supply is declining. But this is not being reflected in the exchange rates. By mid-2019, the prices were around $40 per coin, which declined to $12 per coin six months later. Now BNB is undergoing some sort of recovery and the prices have raised to $22. But still, it is a long way away from the ATH.
BNB made an ATH in 2019 and you are right it declined but overall BNB increase 100% in year 2019.
Remember that in 2019 it started at $6 only and ended at $12.. but for those who bought at dip and sold at peak, the have really made money in BNB.
I believe in BNB, if it grows when the market is bearish, no doubt it will rise further if this year indeed a good year for crypto in overall.

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February 23, 2020, 12:46:23 PM
 #71

We really don't know what will happen to BNB after 5 years but for sure the price will increasing maybe we can see BNB reaching $1000 price if the team still active and also the binance exchange. Seems the binance exchange is the power source of BNB.
You have the same expectation which this person https://bitcointalk.org/index.php?topic=5226727.0 he has spent around $2000 to buy Binance coin and will hold it for long term pariode. May I know, how do you up such expectation? Form what side you have it predictions? Indeed, we don't know what will happen to crypto prices in the future, we just have an own prediction. There are many shitcoin who just dead at the end, also before it coins dead there are many thread who stated that the coin will have a bright future but in the fact they were wrong.
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February 23, 2020, 01:53:42 PM
 #72

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Five years is a long way to go and we have no way of knowing what will they implement to stay in the top of the game, they are leaders for years now and although there are exchanges who claims that they have a much bigger volume, Binance is still considering the king because of the many innovations they've created in industry.
I believe that Binance will be a global company and its capitalization will be estimated at more than $ 50 billion. And the coin itself will cost more than $ 100.
I think binance will do that but it will under its own management, The problem is the binance coin is still lack of utility. as far as i know if that can be used to get the discount fees and people needs more usefulness from the binance coin. Im sure if binance will be doing IPO in the future to reach that capitalization.

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February 23, 2020, 03:03:02 PM
 #73

We really don't know what will happen to BNB after 5 years but for sure the price will increasing maybe we can see BNB reaching $1000 price if the team still active and also the binance exchange. Seems the binance exchange is the power source of BNB.
BNB is been backed by the binance platform. Binance has already been grown to a major exchange where majority of traders execute their daily trades by paying fees with BNB coin. BNB reduces the fees by 10 to 25% depending on the platform you are trading and this might really be much beneficial for the small scale traders as well as they might not need to loose excess amount in fees.

BNB might even be used onto various other platforms which are been integrating with binance and this would surely double the price for BNB as the utility of this token would gradually increase in number. Binance is going to be the top #1 exchange after few coming years so there is actually no doubt that their utility token i.e BNB would too be among the top coins after few years.
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February 23, 2020, 03:23:04 PM
 #74

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
No one knows the future of altcoins in this market. And 5 years is a long time for us to make predictions. Take a look back at Bittrex and Poloniex, they were once the leading exchanges in this market, but now these two exchanges are no longer so popular as before. And Binance will probably be like that in the future









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February 23, 2020, 03:40:25 PM
 #75

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
Maybe you know the beginning from the end and you're in position to give concrete answer to this. That aside, nobody will or can tell what will be the result of BNB in 5 years to come. Frankly speaking, BNB will be great when it get to 5 years and above, seeing what the teams are building with. They're the best exchange from the now and still growing their network, I believe in BNB future.
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February 23, 2020, 07:15:12 PM
 #76

Are you kidding? BNB coin is used among the whole Binance ecosystem such as Binance Chain, Binance DEX, Binance lending and margin platform, also the number of BNB constantly decreasing so people are motivated to hold it.  Smiley
Yes of course, this would never let BNB face any huge dump ahead. There already are a number of large scale traders who find profits by holding BNB into their binance wallets and this demand would remain constant until the binance platform is live and I do not really think that by any chance they would shut down their exchange.

BNB would always have a increasing demand with the limited supply which would even be burnt in some amount so the demand would keep on rising for the limited amount of coins. This might even land BNB above $100 in these coming 5 years. There are no limits and perhaps we might even see BNB having a major pump in the coming times. BNB is a great source of investment.

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Ashong Salonga
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February 24, 2020, 03:43:22 PM
 #77

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

We can drop down any of our conclusions in here as well as expectations on what can literally happen to BNB after a 5 year span but still cannot tell frankly what will surely happen in that span of time since with that time, there are still lots of thing that can possible to happen that may be on track with all our expectations and conclusions but there can still be a possibility that it will all turn into the other way around. No one knows what can literally happen on any certain coin because in the industry we are all currently into, change is inevitable in a sense that changes do happen in a moment of time.

In relation to what can happen to BNB after 5 years, then time will tell together with the possible events to happen as well as into the other contributing factors can affect such happening. If we want to know further, then let us just all wait for that time to come and see. But as of now, let us just all focus into the present time we have BNB and later stick into its future since there are still lots of possible things that can happen.

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Chuky92
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May 14, 2020, 08:47:34 AM
 #78

Asking about the fate of BNB after 5 years is more like asking about the fate of other cryptocurrencies 5 years from now, this is because each cryptocurrency have something or somewhere it is getting its value from. In the case of BNB, I can't say what will happen after 5 years neither can anyone, because most importantly this crypto space as a whole can't even be predicted, hence making any 5 years prediction of BNB or any coin difficult. However, in my own little opinion, I would say, if Binance exchange will continue to improve then BNB will continue to be a good coin worthy of holding.

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May 14, 2020, 08:51:34 AM
 #79

I trust CZ (Binance CEO), he will find more use cases for BNB token for people to keep investing in the coin, I even doubt that bnb token won't leave or become useful outside binance Exchange in the future, like many said that bnb token is only useful on the exchange, things will change, do not underestimate binance team, as far as I can tell binance team is the best I've seen so far

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May 14, 2020, 09:15:41 AM
 #80

Binance is one of the trusted and reputable platform. 5 years is a long time and no one knows what could happen in that span of time. As long as crypto will keep growing and binance keep it's reputation I am sure it will be there to stay along with other trusted altcoin in the market. It's difficult to predict the what may happen since everything is a roller-coaster ride when it comes to crypto.
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