soetikno
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December 12, 2020, 01:21:43 PM |
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The volume of transactions at BNB is not that much so it's so fast while BTC and Eth have a lot of transactions, and many are cheaper and faster than BNB
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nrvasquez
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December 12, 2020, 01:38:36 PM |
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If you only stick to price and speed, you can compare it to Litecoin. BNB clearly has a different product and offers a different solution when compared to ethereum. on the other hand ethereum has a very busy network and has very massive users, so what are you trying to compare here?
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perla
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December 12, 2020, 01:42:00 PM |
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BNB is cheaper and faster then eth.
How come? Yet this coin are so Low
Price is not based on how fast the transaction or it's fee. It depends on the use of the coin imagine using coin that is worthless in just a matter of seconds you will get it but they're not worth it I hope you would would understand what I'm pointing out.
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marlo1001
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December 12, 2020, 02:21:10 PM |
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And LTC is even cheaper. Today i make a transfer with less than 0.01usd fee. And what? It still not so popular
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CuriousGeorge
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KUWA.ai
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December 12, 2020, 02:44:35 PM |
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The volume of transactions at BNB is not that much so it's so fast while BTC and Eth have a lot of transactions, and many are cheaper and faster than BNB
The volume doesn't matter a lot consider binance coin has better scalability than bitcoin or ethereum. it can process more transactions and that will make the binance chain will be free from the transactions that was getting stuck on the mempool or block. You must know how binance can be even cheaper than bitcoin or ethereum.
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nicecrypto
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December 12, 2020, 03:14:30 PM |
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BNB is cheaper and faster then eth.
How come? Yet this coin are so Low
I am not surprised by the price of BNB compared to Bitcoin and ETH. Because Bitcoin is still the number one coin on coinmarketcap and ETH ranked 2nd. ETH is more popular than BNB so the influence of Bitcoin and ETH will be higher and the price of these two coins will increase faster than BNB. And that is a problem with people, unfortunately this are the things people are checking - popularity which is not compare to efficiency, eth may be popular but is it better? What people should be looking at is the efficiency of the project and how easy and effective it was using it and not because it remains the 1st rank or 2nd rank on cmc.
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poodle63
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December 12, 2020, 04:08:06 PM |
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cheaper and faster doesn't necessarily means this coin is used by many people are deserve what it's worth. Quite the opposite because the people who uses this coin signicantly lesser than ETH and BTC therefore the transaction fee could be a lot lower. ETH was as fast as BNB and cheap aswell in the past when most of people still uses BTC for transaction but now that many people switching over to ETH the fee significanlty increases.
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nomenclatur
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December 12, 2020, 04:17:06 PM |
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BNB is cheaper and faster then eth.
How come? Yet this coin are so Low
The cost of BNB gas is indeed cheaper and the price is indeed cheaper because indeed bitcoin and ethereum have a much different age from Binance coin, there are many differences in price differences that make BNB cheaper because BNB is a coin exchange and is still being developed for their smart chain to be even better to create a volume and trade to make BNB coin more active their trading volume can further increase the price.
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pixie85
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December 12, 2020, 05:03:30 PM |
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There's so many cheap and fast altcoins and they are all cheaper than ETH and BTC.
Fast and cheap does not mean valuable. So many cheap and fast coins are now dead and were delisted from exchanges. If you're about cheap and fast why BNB? Why not XRP or EOS, or Stellar? They are all super fast.
Value is in utility, acceptance, recognition, not just transaction speed.
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Rengga Jati
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December 12, 2020, 05:49:55 PM |
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I'm actually a little confused when you say that BNB is much lower than ETH and Bitcoin. Indeed, when viewed from the ranking, price, trading volume, and market cap, BNB is still below the two. And moreover, this coin is the newest among them. And I believe that BNB has actually improved quite well. when we look at the price chart, we know that the price of BNB is not very bearish. The three are actually promising coins that we can expect.
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aemma
Copper Member
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December 12, 2020, 06:21:55 PM |
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I find it quite hard understanding your post, but I think when you say BNB is cheap, you are referring to the transaction fee; yes the transaction fee is cheap and friendly, and also it is somewhat faster than ETH, but that's it, there is nothing more that can be said about the BNB coin. Also, BNB coin is not low, looking at the price when it was created and the current price, there is every reason to believe that, the team did a tremendous work on that platform. Nevertheless, Ethereum is slow and is quite understood, but yet people find it more worthy to invest in, because the blockchain is efficient than that of other altcoins, amongst other reasons.
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FinneysTrueVision
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December 12, 2020, 06:29:19 PM |
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Being fast and cheap is nice but what else does it have going for it? Does anybody accept it for payments? What kind of security does it have? How decentralized is it? Does Binance own the majority of the coins? I don't know of any use cases for it besides getting a discount on trading fees. It serves no other purpose than just creating money out of thin air and making CZ rich.
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speedforce
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December 12, 2020, 06:42:37 PM |
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Low in what? price?
Supply is somehow more with BNB.
This is the crypto market and not everything you want to see the pump, will pump.
Its their strategy, to make hype by burn some of their tokens periodically.Already seen some of that stuff recently
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Cryptoababe
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December 12, 2020, 07:07:45 PM |
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BNB is cheaper and faster then eth.
How come? Yet this coin are so Low
If you mean BNB transaction is faster and Fee is cheaper. Yes, I agree. But do you know that the bnb blockchain cannot handle the congestion Ethereum can handle? Ethereum generate far more fees than Binance. This means the blockchain is more congested and still moving
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cassavachips
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December 13, 2020, 07:58:43 PM |
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You can compare BNB with LTC, TRX and many other fast projects that exist. And not all good projects need to have a high price like Bitcoin and Ethereum. They have more of a supply and their goal is not the high price tag. Maybe one day we will be able to assess the project not only because of its high price, but the benefits of the project for the cryptocurrency community.
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Fefe2853
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December 13, 2020, 08:21:29 PM Last edit: December 13, 2020, 08:36:45 PM by Fefe2853 |
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Yeah bnb is faster than eth, but hope you know Etherum has been there way before bnb came into existence,the adoption rate of eth is high compared to bnb, so you can't expect the price to just skyrocket, it will take some time for it to grow, besides eth is the king of all altcoins. Just so you know trx is also faster than btc and eth, so should the price be the same ?
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WalkerIVIV
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December 13, 2020, 11:34:58 PM |
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Just so you know trx is also faster than btc and eth, so should the price be the same ? It looks like he was taking it from how fast the tx can be delivered and any scalable coin must worth a lot of money. There will always be the historical value that will be owned by any crypto. BNB is not comparable with bitcoin and ethereum. People must know either they can't judge it based from the price nor marketcap.
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Traderbtcc
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December 13, 2020, 11:53:48 PM |
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So your trying to say because transactions done with trx are faster and cheaper that means we can say it should be at the same price as bitcoin and Ethereum? No, bitcoin and Ethereum have gone way back, they have been the two main cryptocurrencies spear heading the mass adoption of crypto around the world, bnb is nice but it needs more users to be able to compete with Ethereum but not bitcoin tho, cause bitcoin is the king of cryptocurrencies.
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jaberwock
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December 15, 2020, 06:15:59 AM |
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BNB is not hater or anything, people still love bnb and they still use it. Especially now that you could stake bnb to get other coins, just recently I decided to stake my BNB to get cake for example and I had to spend 10 bnb for that (max was 10 bnb allowed) and for that I had to turn my ETH into BNB as well.
This shows you that people do prefer ETH and keep their money at ETH sometimes, but they do end up buying BNB for some stuff as well. Do not assume that just because I prefer eth or btc over bnb, doesn't mean I dislike bnb neither, I very much like it, I just like others more. When you give something 99/100 rating, that doesn't mean it is bad, it just means there could be some that got 100/100 and that is the situation for bnb as well where it is great but there are better ones.
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Kocret02
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December 15, 2020, 06:24:44 AM |
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BNB is cheaper and faster then eth.
How come? Yet this coin are so Low
faster ? What do you mean fast in transactions or fast nature of trading volume on an exchange? please explain because it doesn't seem worth it if BNB is paired with Ethereum
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