kawetsriyanto
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duelbits.com
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February 17, 2020, 10:45:28 AM |
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then you get no discount anymore?
Who stated that in the future will be no discount using BNB coin? I am sure that using BNB always gets a discount even it is in the future. This is one of the reasons why people get interested in BNB and using it for various transactions. If Binance CEO decides to make no discounts for using BNB coin, then it will decrease the interest from investors much. what is the purpose of BNB anymore?
I think the purpose of holding BNB coin is not only about discounts for using it on Binance exchange. Nowadays, BNB coin is one of the favorite coins for investment/trading. It shows great improvement in its value. And it has been proven to bring many profits for many investors. In addition, it also can be used for a certain purpose for Binance exchange community.
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trauchot
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February 17, 2020, 10:56:01 AM |
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It's hard to say what will happen after 5 years with cryptocurrency in general, and what will happen with bnb is even more difficult to say, but I think bnb will always be a popular cryptocurrency since bnb developers are very actively moving forward to new discoveries, which increases the value of bnb.
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iram3130
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February 17, 2020, 11:35:53 AM |
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Which discounts you are talking about.? The discount on fees when using BNB on the platform..? I dont think Binance will ever stop that. They know that there are lots of traders who are supporting Binance because of this and its a great use case for BNB.
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yanto@1977
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February 17, 2020, 11:44:57 AM |
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All coin that release by exchanges it self ( private ) is to support promotion, liquidity and money circulation on the exchanges. I believe exchanges manipulate that coin ( BNB ) but is really for exchanges purposes to stay alive and survive. We don't have answer for your question because if Binance can push coin performance there's possibility it will pass other popular coin.
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rdewilde
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February 17, 2020, 12:07:58 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?
Actually no one can predict tomorrow rather we can only take adequate steps to ensure our tomorrow is secured which is the reason why most people invest in different businesses etc. Now talking about BNB, let's go its platform that is the exchange; the exchange is growing rapidly with many features and services being adopted every now and then. The fact is, the CEO is looking for ways to make Binance exchange the best of best; he has added support for more fiat and many more. So taking a look at Binance exchange does it look like it's going down anytime soon? I don't think so, now since there is still more rooms for growth that is to say, BNB will continue to be valuable.
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Japinat
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February 17, 2020, 12:35:37 PM |
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I am expecting x10 at least, the price now is 20$ so probably we will see it grow at $200 that time, but actually I am expecting more because if other coins could grow x100 or more, I have no doubt about the capacity of BNB consider it has a big community that supported this project.
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Mumbeeptind1963
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February 17, 2020, 12:44:40 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?
Actually no one can predict tomorrow rather we can only take adequate steps to ensure our tomorrow is secured which is the reason why most people invest in different businesses etc. Now talking about BNB, let's go its platform that is the exchange; the exchange is growing rapidly with many features and services being adopted every now and then. The fact is, the CE2O is looking for ways to make Binance exchange the best of best; he has added support for more fiat and many more. So taking a look at Binance exchange does it look like it's going down anytime soon? I don't think so, now since there is still more rooms for growth that is to say, BNB will continue to be valuable. I agree no one can predict what might possible happen because even the real life we are also not sure what might happen. Thats why we have prediction which can give as information about possible might happen. So I think securing our future is a good step for having a good living. Same as in BNB if this coin is one of the worth coin then possible it will remain after 5 years and continue growing.
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Republikcoin.com
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February 17, 2020, 12:47:05 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 depends on how useful the BNB is. if in the next 5 years, binance is still popular and is still the number 1 exchanger, I think the development of BNB will also get better. I quite believe that BNB will be more victorious, and have prices that are almost the same as ethereum in the future, moreover, binance has its own dex.
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Jating
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February 17, 2020, 12:52:07 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?
5 years is a long time, maybe the price will fall, or it will enjoy the support of crypto enthusiast. I don't understand though what do you mean by discount? As far as I know, they have this sort of quarterly burning of it's token, so that alone might push the price in the future, but still we can't really tell at this point. Currently, it's worth ~$40 million, so that's a lot of money already, so if in the next 5 years, Binance remain on top of the crypto exchange competition, maybe just maybe it will grow.
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Mpamaegbu
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Once a man, twice a child!
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February 17, 2020, 12:59:44 PM |
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What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
We either progress or regress in life as time goes on. Nature abhors stationary and I guess that's what also should happen with investment. Even when you don't make profit or loss you still would be at the same spot. Well, as for what happens with Binance in the next 5years, not even CZ knows it. Crypto industry is a highly unpredictable industry. Ten years ago I am sure no one would've believed that Poloniex and Bittrex would be almost nonexistent today. Binance as an exchange is even less than 4years old today but look at where it has got - on a high pedestal. I can't put my money on anything here on where Binance will be next.
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conected
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February 17, 2020, 01:13:13 PM |
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I am expecting x10 at least, the price now is 20$ so probably we will see it grow at $200 that time, but actually I am expecting more because if other coins could grow x100 or more, I have no doubt about the capacity of BNB consider it has a big community that supported this project.
- Well, with very steady development since its launch, plus the full support of binance exchange, bnb really has many opportunities to increase exponentially in the future when the demand for this exchange is increasing sharply as this exchange provides a very good quality. However, with such a long road, we cannot speculate too subjectively, we need to look further at bitcoin, this is the character that will greatly determine the fate of the market in the coming years, hopefully bitcoin will be good enough to help us and BNB have the best situation to make money
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BitcoinHunt3r
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February 17, 2020, 01:55:21 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 expect too far until 5 years, but maybe if Binance exchange itself keep opened and make maybe new promotion and make people keep to use their BNB, i think BNB will survived. But once the exchange face big problem or closed, big possibility the coin don't have value anymore.
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nreal
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February 17, 2020, 03:24:38 PM |
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In addition to using BNB to discount BNB transaction fees, it is also used for many features of Binance. And I think BInance will add more utilities to BNB in the future, so the discount feature of BNB will gradually become less impact on the price of BNB.
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fortunecrypto
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February 17, 2020, 03:32:11 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 will go on as it is now as long as they keep developing their platform and making their platform secured, they are the one that introduced IEO I'm pretty sure many more improvements are going to happen because they knew that other exchanges are improving and they want to stay on as long as they can as the number one exchange.
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Vishnu.Reang
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February 17, 2020, 04:34:28 PM |
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BNB exchange prices are entirely dependent upon the well being of the Binance exchange. Although the exchange is doing pretty well in the current situation, we don't know what will happen after 5 years. I am saying this, because I have seen a lot of large exchanges folding before my own eyes. And the list includes Mt Gox in 2014 to Cryptopia in 2019.
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Furious 7
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February 17, 2020, 05:13:38 PM |
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BNB After the next 5 years? I think it will be alright even more increased how the exchange itself if it develops and becomes a popular exchange is not displaced then I am sure there will be progress in terms of price so I don't have to worry about the future of cryptocurrency everything will be bright. BNB is increasingly in demand if the exchange continues to issue its best IEO of all time.
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aemma
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February 17, 2020, 08:32:25 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?
Future prediction is one of the things beyond human understanding and power, no one can actually say what will happen in the next few days let alone 5 years from now. Remember this crypto environment is unpredictable, therefore we can only say that with the current improvements going on in Binance exchange and if the team should continue in that same manner then there is every tendency that BNB will retain its value and even grow more. BNB being the platforms token is what signifies the growth of the exchange thus will continue to be used for various activities within the exchange.
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XCANA
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February 17, 2020, 08:58:44 PM |
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BNB to me have a good and strong team behind it growth and can actually withstand factors that'd like to affect it tomorrow. When talking about BNB, I see a great coin with them and a good community, BNB will get stronger like any other good coins out there. Currently, am investing into their coins and will be happy to be in a long-term with them. I see good and positive movement in BNB.
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bitcoinst
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February 17, 2020, 09:39:58 PM |
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Obviously, everything will depend directly on the actions of the exchange itself. Indeed, after five years, the Binance exchange may not become the same, what can we say about what will happen to their coin. Moreover, after five years, the crypto market itself can change beyond recognition. However, if Binance continues its distribution to the market, it is possible that the BNB coin will go to the top five coins.
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moonblocks
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February 18, 2020, 01:39:41 AM |
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You're correct in questioning what utility the asset might have if or when the IEO phase wears off and the hype is no longer there or this type of fund raising method is superseded by something else then you might find the token could lose some value as a long term prospect
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