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Author Topic: BNB is No. 4 (3RD NOW) - 4th/3rd/5th again  (Read 688 times)
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February 20, 2021, 04:47:02 AM
 #61

It is unbelievable how the price of BNB keeps increasing and I suspect that people have put in mind that BNB can follow the same steps as ETH and have a very high price and with this type of thinking people do not stop buying in an unbridled way but the question will be:

when the price is corrected how many people will be able to leave the boat in time so that they have no losses?

on the charts I can't even see where the support is for people to put Stop - Loss:



if the bitcoin price has any correction, it will be a major disaster for altcoins, I hope each person has his profit target and is able to put stop - loss to avoid big losses

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February 20, 2021, 04:55:00 AM
 #62

I did not anticipate it growing this fast. I know ETH has it's problems with high gas fees and scalability. Binance Smart Chain has emerged as a credible alternative and they have billions of dollars to promote their network and attract developers.

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February 20, 2021, 04:58:10 AM
 #63

Binance smart chain really make the value of bnb token explode, i feel like it's going to follow eth footstep with how it is going right now. ETH network is so congested and the transaction fee is really high right now so a lot of people move to binance smart chain which increase the value of bnb. Don't know how low will the price get when correction happen but hey it's still bullmarket and the market is irrational. So glad that i still have my bnb when it's usecase just to lower the transaction fee on the exchange itself.

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February 20, 2021, 05:03:00 AM
 #64

I did not anticipate it growing this fast. I know ETH has it's problems with high gas fees and scalability. Binance Smart Chain has emerged as a credible alternative and they have billions of dollars to promote their network and attract developers.
There's some rumour going arond about the possibility of the current bullrun as a result of manipulation but that's just a rumour I guess before the proof shown.
BNB, is good alternative for the current crazy eth blockchain maybe that's the main reason where most of the demands come but I believe that binance platform is also behind this pump somehow.

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February 20, 2021, 05:34:54 AM
 #65

Yes, it was a great celebration to those who still hold their coins through out the low price of BNB over some years. I nearly sold my coins when the price of BNB was closed to 6 position, that make many investors to sold their coins hoping that the price of BNB will never get to third position.

Am still holding my coins because I know that what happened to bitcoin, when the price hit $50k few weeks ago is about to happen to BNB price. With some signs BNB is developing right now by getting to third position show that the price of BNB will reach $100k before the end of this year.

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February 20, 2021, 08:02:38 AM
Last edit: February 20, 2021, 08:17:53 AM by imstillthebest
 #66

Bnb still undervalued base on the price today because it has fixed supply unlike ethereum with unlimited supply.  Time will come if ethereum didnt resolve high gas fee and network congestion  bsc will suppass ethereum in my own opinion. At the end of the day better service like fast, affordable and no hassle transactions will win.
i think fixed supply is an advantage over unlimited supply because coins with fixed supply can grow more in price .
bnb is undervalue or has a lesser value today compare to eth but there is a possibility that it can grow big in the future and etherium supply is not really unlimited i guess but it was unknown but if its bigger than bnb , bnb can take over against it in terms of price increase . if eth didnt fixed its gas issues why will people transfer to bnb when i think there are coins that are better than bnb that can work simillarly like eth
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February 20, 2021, 08:03:35 AM
 #67

I did not anticipate it growing this fast. I know ETH has it's problems with high gas fees and scalability. Binance Smart Chain has emerged as a credible alternative and they have billions of dollars to promote their network and attract developers.

I wish I had time to thoroughly do more research and see more coming to Binance, I wouldn't have sold my bnb at penny price.
It happened last year, I bought 69bnb at $17 around January, the market shoot to $26 but I was confident and never sold.
Civid19 fear around the globe crashed the market and out of panic and fear, I sold everything at price lower than my purchase price. It was painful doing that then and the worst is now that bnb has become a gold.
Binance has achieved a lot within the short period, the smart chain is one of my favorite components of Binance development. I hope the network don't become congested as Ethereum since it's still small compare to Ethereum.
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February 20, 2021, 10:31:21 AM
 #68

That's right, the prices and market capitalization of tokens in the Binance Smart Chain (BSC) ecosystem are thriving.

One of the main reasons can be considered the constant increase in fees for Ethereum transactions. And low fees are attracting more and more projects and consumers. This is also seen in the fact that BSC is ahead of Ethereum in daily transactions.
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February 20, 2021, 10:47:58 AM
 #69

since the bullrun rally, BNB marketcap has increased rapidly, it is certain that the ranking on coinmarketcap will increase. This is a positive sentiment for BNB that the coin is in great demand by the community. Will the BNB return to $ 30? Who knows.
Observing the activity of bnb this past few weeks, it grows insanely +700%. $30 is now impossible if correction happens. There are locked bnb in staking so its not yet easy to say that it will dump. After all this has been predicted to challenge eth.

When Ripple overtake Ethereum people expect that Ethereum will eventually get back the position yes Ethereum has done it, but now that Binance coin is on the third spot just behind Ethereum, they will pose a big challenge to Ethereum position I prefer Binance over Ripple to challenge vie for the second spot in the market.

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February 20, 2021, 11:23:53 AM
 #70

Cryptocurrencies Cardano (ADA) and Polkadot (DOT) surge double-digit percentages. Cardano and Polkadot logged big gains for speculators and investors over the weekend amidst greater retail interest and improving fundamentals. Cardano (ADA) and Polkadot (DOT) are now fourth- and fifth-most valued crypto assets, respectively, after they both surpassed XRP in market capitalization earlier Monday. That’s due to the recent rally in decentralized finance (DeFi) and the increased cost of using the Ethereum blockchain.


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February 20, 2021, 11:54:51 AM
 #71

That's right, the prices and market capitalization of tokens in the Binance Smart Chain (BSC) ecosystem are thriving.

One of the main reasons can be considered the constant increase in fees for Ethereum transactions. And low fees are attracting more and more projects and consumers. This is also seen in the fact that BSC is ahead of Ethereum in daily transactions.

Will this give a thread to ETH that BNB might soon overtake its spot?

Their circulating supply is not that far in difference so at least BNB can get close to the price of ETH if the demand for BNB will increase overtime, or it's also possible that it's only due to the bull run and once the bull run is over, we will see which is stronger, ETH or BNB.

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February 20, 2021, 12:13:27 PM
 #72

I hope the BNB price increase is not just an escape but because BNB is a real altcoin and has such a huge potential, I mean for now, most of the erc20 coin holders are complaining about ridiculous transaction fees using the ethereum Platform including myself. or it seems that today's traders prefer to switch to Binance's proprietary platform. but I believe the increase in BNB for various reasons, especially following the increasing trend of BTC and one more thing that the price of BNB in the last week has increased quite significantly.


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February 20, 2021, 03:22:00 PM
 #73

Who knows, BNB can have that opportunity this year. If that can happen, we will see BNB can beat ethereum, and after that, the market position will change and maybe people will try to invest in BNB in a large amount. But for me, no matter if BNB or ethereum is on the number 3 and 4, as long as I can take profit from both coins, I will use it and try to buy low and sell high, and keep for some amount for a long time. Maybe BNB will get another rally after this weekend so that the price can break the high price.

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February 20, 2021, 03:56:07 PM
 #74

Who knows, BNB can have that opportunity this year. If that can happen, we will see BNB can beat ethereum, and after that, the market position will change and maybe people will try to invest in BNB in a large amount. But for me, no matter if BNB or ethereum is on the number 3 and 4, as long as I can take profit from both coins, I will use it and try to buy low and sell high, and keep for some amount for a long time. Maybe BNB will get another rally after this weekend so that the price can break the high price.
Coin ranking probably won't be of any use to those hoping to only profit from the BNB price hike. Many people will probably think the same way you think. As long as they make a profit, it doesn't matter how good the ranking is.
The BSC is expected to replace Ethereum's heyday as the incumbent in terms of the growth of many altcoin project. But I think these are just the beginning for BSC, they should be tested and have the control to filter out potentially deceptive project. But Ethereum still doesn't fail, they will try and commit to continue to be the top choice of altcoin project developer. But transaction fee are still an issue for ethereum, which will be a priority to resolve.

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February 20, 2021, 03:58:38 PM
 #75

If in the future investors prefer the Binance Smart Chain and with the support of unresolved etherium problems, the chances of BNB's growth could be even higher.
That's the point, binance smartchain can cover many ethereum shortcomings. this is making more investors turn to binance. moreover, in binance the growth will be very fast and scam projects can be minimized

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February 20, 2021, 05:08:06 PM
 #76

If BNB continues to dominate the market then it is likely that it will outperform Eth even though the current market cap is still very different.
bnb will chase eth because the transaction has started moving to bsc.
yep. as of now there are massive transactions going on in binance smart chain, but I noticed that the fee also now rises because of the pump of bnb.

There are more to come for bnb as the projects that will enter are lining up, migrating from eth.
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February 20, 2021, 05:39:10 PM
 #77

Just a minor dump have been witnessed on BNB in the last 24 hours, as it dip 10% or more already. While Ethereum goes to another all time high and tops $2k for the first time. So as far as the price goes, Ethereum is the winner. But BNB is slowly eating Ethereum shares on the market per project because the fees is cheap as compare to Ethereum, so this is the critical path for both coins. If Ethereum can't solved it and BNB is offering alternative then we might see some flippening in the next 5 - 12 months in favor of BSC.

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February 20, 2021, 09:52:01 PM
 #78

Just by comparing the two, I felt more bullish on BNB Grin That's $42 billion compared to $11 billion. There's still a lot of room to grow,
And not a surprise anymore if we get to see BNB will overcome the current locked in value in Ethereum. That's just how it goes. The advantage is always with the bigger investors or the whales that we call. But for those who have been with BNB before this bull run, you'll appreciate the project more this time.
Are there new BNB millionaires this time? we've got many Bitcoin and Ethereum millionaires though so it's kind a new achievement.
With the current market status of BNB now, I'm pretty sure that there are many BNB millionaires right now that just keep gaining and gaining like what Bitcoin and Ethereum whales are doing right now. It's a surprise that BNB gained so much in value over a year and making it to the TOP 3 of CMC. Believers think that it will become the next ETH but I think there's more about it because BNB just keeps growing.
Yeah, probably there are many of them. Those who have bought from under $50, they could be the richest this time and if they've been an avid user and investor of Binance token and exchange.
I'm also surprised to see that with Binance Coin but it's noticeable because of its progress. Can't say anything against those who think it will be next to ETH because that can be a fact today.

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February 20, 2021, 09:56:32 PM
 #79

The BNB coin pump was really awesome just a moment ago. And it immediately entered 3rd place on Coin Market Cap. What the CEO of Binance said had a huge impact on this progress. Yes, this could be going on forever or just a temporary pump. but considering how utility BNB is and how professional and stringent their team is, I am sure that this coin will continue to increase. Although we shouldn't be too involved in this FOMO, still prioritize research before entering high numbers, and then the price will be corrected.

R


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February 20, 2021, 09:59:16 PM
 #80

if this condition still continue maybe in the future BNB will pass ETH as a number 2 marketcap.
bnb is in range 300$ now and already reach 350$ ath from 100 in few day, so the chance for bnb is big because already in POS and have low fees.
and ETH users still suffering with high fee.
Nothing is impossible since BNB continues to grow and they keep introducing new things to all of us. Their new Binance Smart Chain is the ETH killer so we have a chance to go on top if the bull continues to happen. Although corrections are happening right now, I still believe that the price will continue to rise after this and we might still see its new all time high.
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