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Author Topic: A question about BNB's future  (Read 485 times)
btc_love (OP)
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February 27, 2020, 04:27:21 PM
 #1

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?

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February 27, 2020, 05:37:47 PM
 #2

I am sure that the future of this coin is very good. The exchange is constantly evolving, they constantly burns tokens and transactions in coins are very fast. everything is obvious. the price will rise, but no one knows how long the coin will exist)

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February 27, 2020, 07:03:08 PM
 #3

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?



a good project with whole ecosystem team and project. i am regretting selling my token there was a time when i had the chance to grab it under 6 dollar but i wasted everything in a lending coin

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February 27, 2020, 07:43:01 PM
 #4

Hello everyone. Recently I was thinking about starting to mine BNB.
First, BNB isn't a PoW. Don't get fooled by those cloud mining sites that are existing there.

that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin?
We don't know what will happen for the next years. If you are confidently holding this coin or you are interested of buying this one. They have a pretty good service and one of the most known exchange in the world so basically, that can back up the support and claim.

Is it worth it now to engage in its mine?
You can't mine it but you can buy it.

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February 27, 2020, 10:59:41 PM
 #5

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?


This coin is really worth to hodl consider about a bunch of products that have been made by binance. In my opinion if binance can't be mined and you must forget about mining binance coin. What you can do just only to buy binance coin and it was having fixed supply.
What gives us a lot of guarantees is the binance product. Binance is also being transparent with the financial report of the company and that looks a very good thing to say if binance is the only crypto company that can do that. I don't wanna talk a lot about this project caused by this has a very bright future.

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February 27, 2020, 11:07:03 PM
 #6

The answer to your question lies in the plane of the question of what will happen to exchanges in the future. The crypto community strives for decentralization, but exchanges embody the opposite side - centralization.
In the future, I'm sure most of the exchanges will be decentralized, having the speed and all the charms of centralized exchanges. What then will happen to you with the BNB coin?

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February 27, 2020, 11:13:51 PM
 #7

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?


Can BNB even b mined? Thought it's just an exchange token that it's utility ends on the exchange of its parent project. BNB before now had lots of potentially but with the recent developments I don't think it's a coin worth holding for the future. Exchanges can easily get outperformed meaning they can get dethroned.

BNB has given early adopters massive profit that I doubt there's more to offer. The coin however is ideal for trading meaning Investors should engaged more in taking profit to avoid unannounced bear market.

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February 27, 2020, 11:14:08 PM
 #8

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?


The present stage or position of BNB shows that there are still a lot of grounds to be covered. Use cases are one of the most important features of good coins in this era and BNB falls into such category. CZ and his team have put it into use in several areas, and I believe there are still many more to be released in the pipeline. In my opinion, BNB is the digital gold of Binance, which invariable means its indigenous bitcoin.
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February 27, 2020, 11:15:05 PM
 #9

Well, everybody knows that Binance keeps on extending their fee discount schedule just to squeeze some additional utility out of the Binance token.

Right now, few projects use the binance chain, so its usefulness as gas is limited, it's still mostly used because of the fee discount.

If Binance ever cut this (and they should), since that was part of their original whitepaper, then BNB will likely crash to near zero, since it will lose most of its utility.

I am pessimistic for BNB medium to long term.
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February 28, 2020, 01:34:48 AM
 #10

Hello everyone. Recently I was thinking about starting to mine BNB. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?
Binance coin cant be mine and stake. But there is a clear and bright future for this project as their token established a great used on their exchange platform. Typically if youre a trader then bnb coin will be a good tokem for you cause you can benefited from its discount as holder and continuously usage of it. Also you can have a chance to win some ticketd and free tokens on their IEO and community voting just by holding it. Lots of advantage in my opinion. Worth to invest.
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February 28, 2020, 06:00:20 AM
 #11

Although BNB has bright future and good scope in the market there is some difficulty as they have stopped entry for the new users, currently BNB are actually used in binance exchange for payment of fees. If you are looking for virtual currencies with good return, BNB can be a profitable investment option.

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February 28, 2020, 06:31:38 AM
 #12

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?


I'm wondering how it's possible to mine BNB when it's not a Proof of work (POW) coin, if you heard this on the internet or from friends it's a lie, you can only buy BNB token you can't mine them, do your research very well

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February 28, 2020, 07:01:23 AM
 #13

Hello everyone. Recently I was thinking about starting to mine BNB. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?
Binance coin cant be mine and stake. But there is a clear and bright future for this project as their token established a great used on their exchange platform. Typically if youre a trader then bnb coin will be a good tokem for you cause you can benefited from its discount as holder and continuously usage of it. Also you can have a chance to win some ticketd and free tokens on their IEO and community voting just by holding it. Lots of advantage in my opinion. Worth to invest.
especially the easy parameter when the level of trust in bination exchange is increasingly rapid, even every bitcoiner certainly knows binance well. so it's easy for us to build this exchange service continues to increase it will be followed by the level of consumer confidence, making it worth investing

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February 28, 2020, 07:04:22 AM
 #14

If you are involved in BNB coins investing in large numbers and the daily trader is good enough BNB has great potential going forward especially in the period of 5 years that is sufficient time where Binance will be able to develop these coins well in the future.
At the moment, the Binance exchange is one of the most popular exchanges with a large volume level and there are users all over the world, so there must be some holding a BNB in ​​investors for the future, so you are quite well involved in this coin.

I have never heard of a BNB coin miner? and have never seen the news.
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February 28, 2020, 07:20:50 AM
 #15

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?


BNB token has a very good use case and that's why it's future will be good if not very great but mind you there is no way you can mine this coin because it has no POW algorithm, you can only invest
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February 28, 2020, 08:42:46 AM
 #16

BNB token can reach 100$ per one maybe after Bitcoin halving but nothing is guaranteed and remember that all good altcoins still rely on Bitcoin to surge higher in price but BNB token is definitely a  coin worth holding

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February 28, 2020, 09:06:01 AM
 #17

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?



The only thing that we can say right now is that it has the backing up of one of the top exchanges right now, so that alone looks very promising for BNB. Because we all know that CZ is always on top of his game and re-invent the wheel, just like releasing it's own token and then other exchanges follow suit.

As for the future, we don't have a crystal ball to see what is going to happen in the next 5 years. Personally though, it I'm a big investor, I will easily put my money on BNB because of the reasons I stated above.

 
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February 28, 2020, 09:11:51 AM
 #18

Binance is a top exchange and their reputation keeps increasing because of the extreme hardwork of the team, the BNB token is a good coin to buy and keep but there is no way to mine this coin, buying is available on binance and other top exchanges, on the long run this coin won't disappoint

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February 28, 2020, 09:44:42 AM
 #19

Hello everyone. Recently I was thinking about starting to mine BNB. I began to study this issue and found an article that contains different public leaders' opinions that this coin will confidently grow in price over the next five years. What do you think, what future awaits this coin? Is it worth it now to engage in its mine?

Is this a joke? how in the world is it possible to mine BNB tokens. I know you can't mine it because it is not a POW tokens and also when You stake it, it is just to participate in IEO on Binance. Please, try as much as possible to fact check your point before presenting it.


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February 28, 2020, 10:17:16 AM
 #20

First, Binance is not mineable.

One of its core it to make it a store of payment. So we really don't know if they can compete with other crypto which also targeted that niche. As for the future, well as others have said, there's not telling, if they remain on top of the food chain they probably they can still in the crypto-sphere.

We also need to see if projects are going to utilise Binance Chain, or at least new projects showing interest on it. So it might take a slice of the big pie that Ethereum is still occupying at this point.

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