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Author Topic: BNB VS Eth - Invest in ETH since BNB is centralized  (Read 984 times)
BayAngelo
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November 13, 2020, 09:19:53 PM
 #61

I am investing in both since they are great projects. they have evolved and develop well all through there road map. No need to make a choice between the two of them for me, both projects should be seen in all investors portfolio. ethereum is good and bnb is also good. both offered a L1 platform for other projects to develop their tokens. it makes no sense separating them.

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November 13, 2020, 10:01:30 PM
 #62

These are both potential coins that can definitely give a huge amount of profits in the long run, but one looks more appetizing than the other, the ETH 2.0 will soon be launched and the hype around it is really crazy, each time they announce that they are close to launching it, the price of Eth will just start pumping, fomo I guess, but it's definitely a better a investment for now, take nothing from BNB it has done really well, but ETH seems like a better choice at the moment.

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November 13, 2020, 10:17:35 PM
 #63

few in the crypt space has as good track record as Binance, I see no reason why they shouldn't continue to deliver

it is one thing that Binance will probably be here in crypto in ten years, but BNB value could go in all directions, and does not have to follow Binance exchange success, could, but does not have to
one has to be very cautions with this, and not just follow success of Binance, since it is not interconnected with BNB value
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November 13, 2020, 10:52:20 PM
 #64

Ethereum blockchain industries can not be compared with other alt-coin, including BNB, beside BNB Coin no reach ETH weight for one day, invest wisely, BNB coin is also good to invest for future profit in business.
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November 13, 2020, 11:30:51 PM
 #65

BNB is not centralized, but maybe less decentralized. You know about XRP right. We all know that the coin centralized but people still interested to invest in it. So I think even centralized status is not give a huge impact, so what you think if only less decentralized. I still believe that BNB is a good investment, Ethereum too. Both are good

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November 14, 2020, 09:00:00 AM
 #66

There are businesses and exchanges that would freeze the coins for you for some fees. But with the nice reward and unlimited supply, I don't think Ethereum would have a large price increase as increasing in price would decrease it's utility by increasing the transaction fees for tokens and smart contracts. So ETH should be in good supply in low in price to stay usable.

The increase in the cost of the network Commission per transaction is not related to the increase in the price of Ethereum. Because the reason for the increase in the cost of the Commission is an increase in the number of completed transactions, which is a consequence of high user activity.

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November 14, 2020, 09:03:29 AM
 #67

BNB is not centralized, but maybe less decentralized. You know about XRP right. We all know that the coin centralized but people still interested to invest in it. So I think even centralized status is not give a huge impact, so what you think if only less decentralized. I still believe that BNB is a good investment, Ethereum too. Both are good
Still doesn't matter whether it's less decentralized or not if the exchange got hit by a bad news then it will affects BNB greatly. The point about investment is keeping the profit and if a crypto could be that easily influenced by the exchange then that's as good as centralized or owned by that exchange so saying that BNB is centralized still makes a lot of sense.

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November 14, 2020, 09:11:21 AM
 #68

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.


I'm going for ETH too!

But the DeFi issue is being scams ...

ETH 2.0 is needed and a new idea different from DeFi ...
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November 14, 2020, 09:51:07 AM
 #69

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.


I'm going for ETH too!

But the DeFi issue is being scams ...

ETH 2.0 is needed and a new idea different from DeFi ...
The ethereum 2.0 will never prevent defi as it's only a protocol update. It will not give a lot of change to the current trend that related to the defi trend.
Ethereum 2.0 is actually needed to be caused by the congestion that was happening on ethereum network and this has been forcing so many people to create a single transaction with a very high transaction fees.
ethereum 2.0 will also bring the solution to the ethereum inflation. It will not give a big change for the defi trend especially to decrease the scam project on defi.

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November 14, 2020, 09:55:14 AM
 #70

I think at this moment of time both of them are good investment if you hold for a long time. I think it's hard to compare both of them. At this moment ethereum is the most used and most popular platform based token available in the market and in markecap it has the second largest marketcap off all coins. Innother hand binance has a very popular name. At first BNB is just a exchange based token. But now it has its ownbchan, adex and binance making more utility for it. So a s a investment in long term both of them could be profitable.

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November 14, 2020, 09:56:13 AM
 #71

Bnb token is centralized, ripple (Xrp) is centralized, yet they are top altcoins on coinmarketcap, why do you guys hated centralized projects so much? They are doing way better than thousands of altcoins in crypto space today, I will never leave bnb token for Ethereum, yes ethereum is better but these two projects are so damn good, I'd rather buy the two  
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November 14, 2020, 12:09:56 PM
 #72

When even the owner of Binance holds many different coins, I do not understand people who want to go just with one of them. I understand the logic to compare these type of coins and I get that you want to pick the best one, but why risk with going just one? Pick both of them is the right answer but I think even more right answer would be pick even more? Like find 10 coins that you can trust the future and you could put all of your money into that 10 coins instead of picking just one or two.

Bitcoin, ethereum, bnb and here we have 3 already, add in something like dash, monero, eos, tron and you got yourself even more, you can increase these and make it to 10 even 20 coins and in which case some of them could fail to deliver but since you are involved with many, one bad pick wouldn't hurt you.
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November 29, 2020, 07:54:12 AM
 #73

For me both of them are vry good for investment. At this moment ethereum is the biggest platform based token. It has the most used cases, most of the new tokens use eth chain and it has a huge marketcap. And it is fully decentralised. In other hand BNB is now not just a exchange based token. It has its own cabin and Dex now. And team cz pushing other utilities to BNB. So it's growing very fast. But for many people the centralisation of BNB is a problem. But as a small investors I have no problem. So I hold both.

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November 29, 2020, 08:24:34 AM
 #74

I'm not heavily invested in ETH and BNB although I'm currently holding some ETH as of this moment but being centralized doesn't mean that it is a worse investment compare to a less centralized one.

If that is the basis in investing then all must be investing in Bitcoin only right now. In the end, it will be the decision of the investor and some of them will just ignore your nonsense opinion here.

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November 29, 2020, 08:30:17 AM
 #75

Well, personally, in 2021, I will probably choose ETH, all the same, a very large increase in projects at ERC-20 and which bring profit. And it's easier for me to work this way.
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November 29, 2020, 10:44:30 AM
 #76

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.

I agree with you that ETH is better than BNB for long term investment, because I believe the price of ETH will increase higher than the price of BNB, although the price of BNB will definitely increase too, but investing in ETH will give you more profit than you investing in BNB, therefore I also prefer to invest in ETH at this time.

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November 29, 2020, 10:54:09 AM
 #77

Both of these altcoins are worth investing for especially you know that they are both part of the top rank cryptos but if I have to choose between the two I will be rooting for ethereum to invest with because ETH is more decentralize and has a very high potential for you to gain double or even triple profit.
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November 29, 2020, 10:57:17 AM
 #78

Similar to the centralized XRP, I think BNB is better because their project clearly has a high real use case. centralization is not bad for investment, but perhaps for its use. so long as it can make you profit, why not?

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November 29, 2020, 11:00:50 AM
 #79

I agree with you that ETH is better than BNB for long term investment, because I believe the price of ETH will increase higher than the price of BNB, although the price of BNB will definitely increase too, but investing in ETH will give you more profit than you investing in BNB, therefore I also prefer to invest in ETH at this time.

It is very difficult to predict how the price of Ethereum will change after the launch of Ethereum 2.0 on December 1. It is possible that now is the best time to invest in this coin. But in any case, I will continue to keep part of my deposit in BNB, thanks to which I receive passive income on the exchange and enjoy discounts when trading.

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November 29, 2020, 11:49:59 AM
 #80

Similar to the centralized XRP, I think BNB is better because their project clearly has a high real use case. centralization is not bad for investment, but perhaps for its use. so long as it can make you profit, why not?
BNB is better but ethereum has more potential compared with BNB. i think that centralized or decentralized don't matter a lot.
As long as such coin can give a lot of benefits to the owner or token holders and why not? BNB gives various benefits while XRP gives nothing. Ethereum will try to give benefit to its holders to be able to get the reward from helping the network too. BNB or ETH are still worth to invest.
Both have their own advantages and disadvantages.

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