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Question: Which coin do you trust?
BNB
ETH

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Author Topic: Which coin do you trust, BNB or ETH?  (Read 8979 times)
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April 27, 2020, 07:02:21 PM
 #261

Straight to the point, the good and simple difference between the two coins is that one is decentralized and the other is centralized. Now, Bitcoin as the most decentralized blockchain offers a high degree of trust, thus on that note, Ethereum being decentralized as well offers a good level of trust also. BNB which is centralized lacks this good feature, hence making Ethereum better and more trusted than it. But difference aside, both are good for long term investment.

Exactly. That's what many people are missing here. There's a misconception that BNB is decentralized, when in fact, it's not. The Binance Chain is largely controlled by Binance itself, with a very limited number of nodes on the network. Not everyone is able to run a node to support this  "blockchain" backed by BNB tokens. That's not the case with Ethereum, as anyone can support the network at will without permission from a single entity. There are thousands of smart contracts built and running on the ETH blockchain, than on the BNB platform. BNB enjoys greater speed and lower fees than ETH because of its centralized structure. You'd either sacrifice decentralization for performance, or all the other way around.

Maybe companies and startups will find BNB extremely convenient for issuing both security tokens and utility tokens. But those looking for censorship-resistance or reliability, will simply choose Ethereum above anything else. The decision lies on the person himself. I don't think BNB will be going anywhere as long as Binance is running its operations in the mainstream world. Both ETH and BNB could complement each other by filling their gaps. This means that ETH could be used for truly unstoppable applications, while BNB can be used for token issuance with unparalleled performance in a regulatory-compliant manner. Most people will choose ETH above BNB because of the aforementioned reasons. But there will always be a place for BNB in the mainstream world as long as Binance continues to patronize it. Just my thoughts Grin

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April 27, 2020, 08:43:22 PM
 #262

Binance come with a plan to invent smart-contracts into the BNB ecosystem. BNB would become then probably the biggest direct competitor, due to Binance´s big influence on the whole crypto sphere. What do you think? Is this really a good decision from Binance? Don´t we have already a lot of smart-contracts platforms?


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April 27, 2020, 10:21:20 PM
 #263

I like both of these coins. But I choose ethereum. It has existed for a long time and has more confidence in my opinion.
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April 27, 2020, 10:25:58 PM
 #264

These two are different, ETH proves  good and bad coin sometimes because of their platform while BNB is the top crypto exchange token.
Both of them have different blockchain and different use, I think i prefer to buying ETH because it is more stable than BNB and it is the 2nd most valuable cryptocurrency in the market.
So I will favour ETH more than BNB at all times.
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April 27, 2020, 10:46:26 PM
 #265

of course I still chose eth because I think bnb is still not as good as eth, a few hours ago there seemed to be an "error" in the hoo exchange and it seems like I was sure it was due to a broken binance chain contract but that's still my guess.
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April 27, 2020, 10:53:58 PM
 #266

ethereum has been the mother of all altcoins in the blockchain platform. it contributes over 70% of trading that happens on exchange. it will be debilitating if i failed to acknowledged what ethereum has achieved so far in the cryptocurrency platform. BNB has contributed to the raise of binance exchange and nothing more. it is a token build for the binance exxchange and the binance-dex platform.
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April 27, 2020, 11:06:20 PM
 #267

of course I still chose eth because I think bnb is still not as good as eth, a few hours ago there seemed to be an "error" in the hoo exchange and it seems like I was sure it was due to a broken binance chain contract but that's still my guess.
These two are completely different projects because Ethereum is Blockchain based coin and helping many other projects with small contracts and on other hand BNB is exchange based coin both have good future and potienial for long run investment and can give very good profit but Ethereum is really coin of future which can go very good.
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April 27, 2020, 11:25:56 PM
 #268

Ethereum has been in this space much longer and has actually held its own with several thousands of cryptocurrencies building on its blockchain. It's utility is vast and incomparable to BNB. Not only does ETH offers much better versatility, it remains one of the most used and most sort after cryptocurrency. The chain can be tweaked and used easily to much impressive gains compared to BNB. In terms of price and value, ETH has maintained a solid price over the years. I will completely go with ETH even though, BNB has massive potentials. It remains to be seen how well and how much BNB will carve out its niche successfully.
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April 28, 2020, 05:37:38 AM
 #269

BNB is a little better in the growing crypto world but the world is number one coin market, I think ETH is better than BNB in this crypto market now so for my future I have my Ethereum. which I have some Ethereum old it will give me a lot of benefits in future I suggest everyone. All of you buy Italian in the next one or two years I think one of the best from here find the profit. So i think ETH is the best coin from BNB.

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April 28, 2020, 06:04:51 AM
 #270

Honestly, I don't trust any altcoins in this market. Their price could collapse at any time and make me lose money. In March, BNB and ETH prices fell by more than 60% in just one day and that was a warning to altcoins. Never put too much faith in it

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April 28, 2020, 07:09:48 PM
 #271

Overall, it is said that ETH or BNB doubles in popularity. As a result, from my personal point of view, both platforms will be good enough to trust .

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April 28, 2020, 07:26:36 PM
 #272

I like the hype of BNB, whenever Binance exchange announces a new news, the price of BNB will quickly soar. And if we seize the opportunity, I believe it will bring us a lot of profits.

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April 28, 2020, 08:30:51 PM
 #273

I voted BNB. Eth and Bnb both are pretty good coins. Those have bright future. I specially like Bnb, because Bnb have huge update. The value of the BNB is very influential with the performance of the Binance exchange.
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April 28, 2020, 08:49:07 PM
 #274

BNB returns and growth were impressive last year. No offense about ETH but personally for me, BNB is a better choice. Till they develop Binance as the exchange BNB as a currency will become stronger as well.
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April 29, 2020, 01:42:14 PM
 #275

BNB returns and growth were impressive last year. No offense about ETH but personally for me, BNB is a better choice. Till they develop Binance as the exchange BNB as a currency will become stronger as well.
As an investor, we have our choice , but we can actually choose both if we believe on both of them.
Personally, I think Binance has been very consistent, what have they have achieve last year was surpass this year, so I always think of the possible of a new ATH.

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April 29, 2020, 01:48:13 PM
 #276

I hope Binance will be far ahead in popularity. Because most of the exchange I have received, with the help of Binance, I cannot deny its contribution. So I'll vote for Binance.

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April 29, 2020, 01:53:21 PM
 #277

I like the hype of BNB, whenever Binance exchange announces a new news, the price of BNB will quickly soar. And if we seize the opportunity, I believe it will bring us a lot of profits.
Yes BNB proves a lot of new updates and improvements to their platform. Acquiring CMC is really a great deal for them since it's the current best website for tracking of price of cryptocurrency and I really admire their work but ETH platform is a different level. ETH will go further and improve their platform like ETH 2.0 so if I'm choosing from these 2 I will personally go for ETH which is a lot of application given to the users.

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April 29, 2020, 03:03:46 PM
 #278

BNB returns and growth were impressive last year. No offense about ETH but personally for me, BNB is a better choice. Till they develop Binance as the exchange BNB as a currency will become stronger as well.
As an investor, we have our choice , but we can actually choose both if we believe on both of them.
Personally, I think Binance has been very consistent, what have they have achieve last year was surpass this year, so I always think of the possible of a new ATH.
If the pandemic situation is over and the market recovers, chances are that the recovery of the crypto will occur and the new ATH can be achieved soon, but currently the increase in crypto is quite good when it will approach halving, therefore this is a good increase according to course, I hope this increase will continues until bitcoin reaches above 10k.

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April 29, 2020, 03:08:52 PM
 #279

If the pandemic situation is over and the market recovers, chances are that the recovery of the crypto will occur and the new ATH can be achieved soon, but currently the increase in crypto is quite good when it will approach halving, therefore this is a good increase according to course, I hope this increase will continues until bitcoin reaches above 10k.
don't think too much about the new ATH this year. seeing the market improving and moving positively like now also makes traders happy. in today's trend, I think traders can benefit, especially the daily traders. not only ETH or BNB. all have their market and enthusiasts.

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April 29, 2020, 03:12:39 PM
 #280

Both altcoins are good to invest but binance coin can easily affected if the exchange has a problem like hacking you know, then it can down the price. So the best of these two is Eth.

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