NikS13 (OP)
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February 14, 2020, 09:59:41 AM |
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What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
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livingfree
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February 14, 2020, 08:27:07 PM |
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As if all of us know what's going to be the fate of BNB after 5 years. If the question is all about bitcoin, we're sure that it will retain itself and we'll see a higher price for it.
But if we imagine BNB shall stay after 5 years and bitcoin does have tremendous value, like the altcoins follow bitcoins path then the value of BNB would be higher than we're expecting. For the purpose of BNB, it will be likely a store of value just like the other altcoins and CZ might think of something new for its purpose.
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rajsimran
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February 14, 2020, 08:40:30 PM |
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What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
It's hard to say what will happen after 5 years.But it can be rise or down.but as mentioned what is the purpose of BNB any more.Maybe team will focus others development.In my view, they will create others benefit for BNB holder or will develop there coins to stay in the market.Because BNB is famous and most reputed coin till now.Also 5 years is long journey and we can't think what will be the next updated technology.
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jacafbiz
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February 14, 2020, 09:08:15 PM |
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What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
I don't think the discount model will end, if it happened then the price would dump because their won't be any incentive to buy and hold the tokens in your account. People might mentioned IEO but how many people are allowed into the IEO unlike e trading where millions of users are allowed to use BNB to pay for trading fees
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thottum
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February 16, 2020, 01:24:08 PM |
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Everyone knows the main driver for BNB as of now is the discount in fees and the Binance team will come up with new use cases for the BNB in their ecosystem there is already a lot of use cases that have been added since it's the all-time high. Like the Binance chain, acceptance of BNB in various other dapps, IEO etc Binance is the number 1 exchange as of now and the most active company in this ecosystem. SO as long as Binance is alive the BNB will always be in a higher position year after year.
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cytpoway121
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February 16, 2020, 07:21:16 PM |
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I think there is no need to worry about what happens to bnb in 5 years, because it will survive beyond 5 years.
A lot of people does believe that bnb token growth is dependent on discount fees etal, but i want to disagree. Binance ceo is not here to joke around, and becoming the most important exchange platform is not an easy feat.
By allowing fiat withdrawals for about 3-6 countries, binance has set the pace and got theirselves more platform users, which definitely will improve the functionality of bnb, look around, look at binance dex, the developing products, binance futures trade.
Binance token, BNB is here to stay.
NB: Just my personal opinion in relation to subject, do your own research.
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wavug
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February 16, 2020, 07:53:26 PM |
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CZ is a very respected person in crypto field and he is trying to contribute to the mass adaptation of cryptocurrencies around the world. Binance creates their own blockchain, fiat gateways to make fast deposits and withdrawals with your credit card using your national currency, opening offices around the world. Who knows, maybe they will implement a reduced withdrawal fees and higher limits if there is a certain amount of BNB tokens on your account or begin cooperation with banks for faster transactions and smaller fees using Binance chain.
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Findingnemo
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February 16, 2020, 08:09:49 PM |
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I think there is no need to worry about what happens to bnb in 5 years, because it will survive beyond 5 years.
A lot of people does believe that bnb token growth is dependent on discount fees etal, but i want to disagree. Binance ceo is not here to joke around, and becoming the most important exchange platform is not an easy feat.
By allowing fiat withdrawals for about 3-6 countries, binance has set the pace and got theirselves more platform users, which definitely will improve the functionality of bnb, look around, look at binance dex, the developing products, binance futures trade.
Binance token, BNB is here to stay.
NB: Just my personal opinion in relation to subject, do your own research.
There is no doubt that binance is offering great service for their users and having more trading pairs compared to other trading platforms but what is the real purpose of BNB to stay with that exchange,only their fee discount IMHO! So when there will be no more discount on binance for using BNB then it won't have much interests from traders but 5 years is still a big time frame so they can build own set of community and make it stay here after that as well.
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Tduty
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February 16, 2020, 08:16:17 PM |
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BNB is not just a random coin, this coin covered by a large active community, every year they are adding something new in their network, they have own chain, projects are migrating on those! So, I believe after 5 years, BNB will do better like now or better than now! If you ask this way, then think about other big coins what will happen with them after 5 years! As we believe a better future for the crypto world, so, we can expect better for the Binance coin!
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btcholder
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February 16, 2020, 10:05:04 PM |
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What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
And why you think BNB running their project because of just discount. BNB is top popular and trust worthy altcoin since it's arrived in crypto world. They have extremely active team management whom very much expert on crypto currency project. They always bring some cool thing every time to more popular BNB. Many investor like BNB more than XRP. Even many crypto expert think that this exchange coin will be the next Ethereum. Most of the project which created in BNB chain is successful. The way BNB running, there is no doubt that after 5 years this coin will be much popular and much use able than now.
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Rengga Jati
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February 16, 2020, 11:14:52 PM |
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One of the interesting things about BNB is getting discount for a fee in Binance, as BNB is the coin of that exchange. However, how is about no discount again? WIll this coin be still interesting and promising in 5 years later? The answer depends on the token holder, investor, and also all people interests in this coin. BNB is a coin created by a big exchange. I am pretty sure that this coin will stay survive in the market although it is no discount again. This is not only about the use but also about the value of the BNB. It can reach a better price and stay survive in the market because of the value. I think that there ill be no big issues or problems with this coin in the next 5 years.
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minairia3
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February 17, 2020, 02:55:26 AM |
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What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
Why not due to supply reduction? Bnb will served its purposed over the long time and 5years isnt a basis of time to see this improve maybe during this time its already worth triple than current price now. It is not about discount. If you hold binance coin, you would know aside from it what benefit you can gather or received from them. Airdrops, ieo, and many stuff can be get from holding it so I guess even 10years from now binance will be alive and kicking.
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YOSHIE
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February 17, 2020, 03:33:40 AM |
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What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
If I knew what would happen to BNB coins, going forward and so on in terms of potentially profitable, I swear, would invest and spend all my salary to buy BNB. But that's the obstacle every human being will never know what is done by someone, what is planned. Except: people, closest friends and co-workers. Actually this question that knows more is DEV BNB / Binance.A glance. What I know for now is BNB Listing on CoinEx. Binance Coin BNB: Listing on CoinEx
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NewRanger
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February 17, 2020, 05:02:49 AM |
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bitcoin year by year will be coin that has good developtment and growth in cryptocurrency market. as reputable exchanges now, binance able provide many services that needed for crypto traders and investors. this is be main benefit for cryptocurrency ecosystem. binance could used not only on its ecosystem only, but it could used in wide ecosystem. when cryptocurrency capitalization growth or even hit new record, maybe this coins will be the one that create new all time high. at this moment they provide trading margin services, and its very effective to add their customer and attract new crypto investors.
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Wend
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February 17, 2020, 08:43:05 AM |
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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 can tell yet on what happen to BNB in 5 years from now. Ill think all we need is to wait on what happen, Have on fate for BNB because we all know BNB is one of the big market in crypto. Must better to buy more BNB in this time cause of these bitcoin started to grow up the price and reach of $10,000.
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nutriagrigia
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February 17, 2020, 09:35:12 AM |
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Now it is impossible to predict what will happen to this coin in 5 years, but I think that in the next 2-3 years everything will be fine. after 5 years, its fate will depend on the state of the market and how much competition will be among centralized exchanges.
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mirakal
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February 17, 2020, 09:37:28 AM |
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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.
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CuriousGeorge
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February 17, 2020, 10:20:38 AM |
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After 5 years, you don't expect that bnb will go and die a natural death. Remember it has a very active team, they are most likely going to utilize it in another purpose. I think bnb is barely two year and there is more time to work.
BNB team is always developing something new and all of the products are active until this time and there was no reason a big company like binance with a lot of working product will be death easily like what those people said. this coin will exist forever. The big company will have more resources to be alive.
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freedomgo
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February 17, 2020, 10:23:47 AM |
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The first question I would ask to myself is, What would happen to bitcoin in 5 years? if my answer is the price will increase then that would be the same thing that would happen to BNB, why? Simply because bitcoin dominates the market and legit altcoins just follow.
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strunberg
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February 17, 2020, 10:35:25 AM |
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The first question I would ask to myself is, What would happen to bitcoin in 5 years? if my answer is the price will increase then that would be the same thing that would happen to BNB, why? Simply because bitcoin dominates the market and legit altcoins just follow.
when bitcoin price increase ofcourse market capitalization increase alot , and daily trading volume growth sharply.when it happen , binance as major cryptocurrency exchanges will take advantages from this condition. earn more profit from trading activity will coming , and they could developt more feature that will make investors confidence to buy their coin. i am sure bitcoin and binance will growth together after 5 years.
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