Ewox
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March 22, 2021, 08:45:37 AM |
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We basically do not know what the future holds and time will just tell if Binance could be the next Ethereum, bit for now if you really trust on Binance then I suggest for you to just hodl them or maybe hodl them around 4-5 years and see if it did increase it’s value just like Ethereum’s value did.
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TastyChillySauce00
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March 22, 2021, 09:36:53 AM |
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That's right, if the transaction fees on the Ethereum platform are very low on the DEX exchange, then I'm sure everyone will use the DEX exchange to swap the coins or tokens they get in some way at the moment, but because of that it seems difficult to happen, so in part people have started avoiding DEX exchanges for transactions, even though the only obstacle is the cost.
As in the past, when Ethereum's cost price was so low, bounty hunters often used forkdelta to sell their tokens for under $ 40. but if now the number of tokens runs out for fees only the gas price could become this high also affected by the eth price increase as well and people reluctant to use DEX because they need to atleast make two or more transactions and imagine if one transactions costs about $40 that's food for a whole week goes to waste just for sending which absolutely is unnecessary at this point.
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mulia sabee
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March 22, 2021, 10:19:04 AM |
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it was only natural that it would happen. Seeing that Binance continues to grow and is increasingly in demand by many people who trade, and that is a threat to ethereum which has many problems or shortcomings that ethereum has, one of which is the transaction fees are very disappointing to its users. it is possible that Binance will replace ethereum
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Lantind
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March 22, 2021, 10:52:30 AM |
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it was only natural that it would happen. Seeing that Binance continues to grow and is increasingly in demand by many people who trade, and that is a threat to ethereum which has many problems or shortcomings that ethereum has, one of which is the transaction fees are very disappointing to its users. it is possible that Binance will replace ethereum
If Ethereum doesn't fix the problem itself, then BNB will probably compete, but if Ethereum fixes the problem and gets better than it is today, then there will be far more Ethereum users than BNB, because some people the ones using BNB today are past Ethereum users.
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mulia sabee
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March 23, 2021, 07:47:02 AM |
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it was only natural that it would happen. Seeing that Binance continues to grow and is increasingly in demand by many people who trade, and that is a threat to ethereum which has many problems or shortcomings that ethereum has, one of which is the transaction fees are very disappointing to its users. it is possible that Binance will replace ethereum
If Ethereum doesn't fix the problem itself, then BNB will probably compete, but if Ethereum fixes the problem and gets better than it is today, then there will be far more Ethereum users than BNB, because some people the ones using BNB today are past Ethereum users. The slower it is fixed by ethereum, the greater the chance for BNB to compete with Ethereum. It is important to know that the constraints that ethereum currently have are FATAL and can be felt by everyone. And it is possible that previous EThereum users will switch to BNB
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Lantind
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March 24, 2021, 04:42:51 AM |
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The slower it is fixed by ethereum, the greater the chance for BNB to compete with Ethereum. It is important to know that the constraints that ethereum currently have are FATAL and can be felt by everyone. And it is possible that previous EThereum users will switch to BNB
We can see at this point that BNB is competing with Cardano and Tether in terms of ranking and even those three are often seen in the top three on the Coinmarketcap site ranking, meaning that both tokens like Cardano and Tether are very real things BNB should beat at the time this, and if BNB has started to win a lot against the two tokens, I think it is very balanced to compete with Ethereum, but if that doesn't exist, it seems that there is still a little difficulty for BNB in terms of this competition.
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rannovan
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March 24, 2021, 07:33:11 AM |
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the gas price could become this high also affected by the eth price increase as well and people reluctant to use DEX because they need to atleast make two or more transactions and imagine if one transactions costs about $40 that's food for a whole week goes to waste just for sending which absolutely is unnecessary at this point.
If the increase in gas costs is due to the increase in ethereum prices, in my opinion, it is not quite right. For example, during 2017-2018, when ethereum prices were almost the same as current Gwei gas, they were still very low compared to today.
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Shussainshah
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March 24, 2021, 11:39:05 AM |
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As we see in the last couple of year BNB coin performing very well and such a big role in the crypto market. after coming the bsc blockchain every one is thinking they will be the etherum and i am agree with your statement because a lot of eth blockchain user are come here the reason is eth transition fees is much high in the other side bsc blockchain fees is very low . but if you know eth is the most traded currency in the crypto market if bnb need to reach the level of etherum they need very hard to reach the level of eth but i am agree bnb will the next etherum
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semobo
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March 24, 2021, 01:47:36 PM |
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Binance and ethereum are not similar in the use case, so on terms of price it can be or it can even surpass the ethereum or who knows even bitcoin but remember it is centralized which is not similar with decentralized Bitcoin network
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Oshan-T
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March 24, 2021, 03:14:32 PM |
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We must not forget that eventhough BNB has become more and more popular, Binace exchange is still centralized. But with current transaction fees with Ethereum it's natural when people seek better alternatives. Also we cannot compare both projects because their use case is different. But no matter what deep down in my heart I believe BNB is going to surpass Ethereum sooner or later.
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conected
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March 24, 2021, 04:36:56 PM |
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The slower it is fixed by ethereum, the greater the chance for BNB to compete with Ethereum. It is important to know that the constraints that ethereum currently have are FATAL and can be felt by everyone. And it is possible that previous EThereum users will switch to BNB
We can see at this point that BNB is competing with Cardano and Tether in terms of ranking and even those three are often seen in the top three on the Coinmarketcap site ranking, meaning that both tokens like Cardano and Tether are very real things BNB should beat at the time this, and if BNB has started to win a lot against the two tokens, I think it is very balanced to compete with Ethereum, but if that doesn't exist, it seems that there is still a little difficulty for BNB in terms of this competition. - Both of the names that you say are really not the competitors with binance, binance will easily beat them over time because Tether has always maintained a stable price and very lack of creativity, we can even consider it as a neutral position and do not want to compete, Carnado has bigger creations but too few mutations while binance regularly makes something special, they cannot compete with binance with just such weaknesses. Competition with ethereum is perhaps more evenly balanced, so it's exciting to look at this century's battle as both rivals continue to grow wildly.
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rannovan
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March 25, 2021, 03:20:20 AM |
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If the increase in gas costs is due to the increase in ethereum prices, in my opinion, it is not quite right. For example, during 2017-2018, when ethereum prices were almost the same as current Gwei gas, they were still very low compared to today.
Yes, I also sometimes feel surprised at the Gwei problem because in the 2017-2018 period the Ethereum price was not much different from the current one even though in 2017-2018 the Ethereum price did not last long at a high price, but the Gwei fee was also not too expensive like now. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Hopefully problems like this gas cost don't last long as many have complained about this problem. Hopefully ethereum can provide a good solution.
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MoneyJ
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March 25, 2021, 05:22:25 AM |
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Binance smart Chain is the the fork of Ethereum and I as a crypto enthusiast like the idea that we have alternatives but Ethereum will always be at the forefront. What ETH is doing to the blockchain community or industry is very revolutionary. Binance just picking up the extra pieces.
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susuberuang
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March 25, 2021, 10:59:24 AM |
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In my opinion binance is altcoin that has a great potential to compete with an eth, and has the opportunity to become the next etherem, many altcoins are joining the binance because binance gas costs are very low, in the contrast to the etherem where gas costs are very high, so many crypto traders complain about this. , I think if ETH doesn, 't solve this gas problem, I believe the binance will be the next ETH,
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k@suy
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March 25, 2021, 12:10:16 PM |
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Right, but for now I still believe in Ethereum because Ethereum will soon deal with this cost issue, especially in this year and hopefully their work can run smoothly so that costs on the Ethereum network can return to normal.
Well ethereum was still the ethereun that the top on the list when it comes to altcoins. Ethereum is still a great altcoin to invest with, but i'm also curious about what are happening to the market of ethereum In my opinion binance is altcoin that has a great potential to compete with an eth, and has the opportunity to become the next etherem, many altcoins are joining the binance because binance gas costs are very low, in the contrast to the etherem where gas costs are very high, so many crypto traders complain about this. , I think if ETH doesn, 't solve this gas problem, I believe the binance will be the next ETH,
Well i do have no doubt that Binance is a good crypto coin and in fact it's market performance and market value today is quite impressive, but to compare or to think that it might be the next ethereum i guess we should wait till we see it to happen.
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Father Bitcoin
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March 26, 2021, 01:17:11 PM |
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binance replaces ethereum neither. they have their own potential. although recently many projects are using the Binance Smart Chain platform. but don't forget ethereum already has a big name and an amazing community.
I think about this after observing that binance has recently declined, and eth is already very well known and to replace eth is not that easy, but for the opportunity to compete with eth there are still many possibilities
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Cadaver20
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March 26, 2021, 02:32:51 PM |
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Ethereum is very much trusted and well known coin in the market. Recently, we are all looking for alternatives to ETH due to increase eth transaction fees. But have we ever wondered what will happen if the eth transaction fee goes down tomorrow? I think then the BNB coin will return to its previous position and no one will think of replacing ETH.
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alexforneus
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March 26, 2021, 04:06:41 PM |
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Binance is centralized platform, im not sure about it. True crypto fans will avoid it. In addition, we soon will see ETH 2.0
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Swopon
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March 26, 2021, 05:00:23 PM |
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Both has a better positioning in the current market because of their potentially. ETH is a decentralized where Binance is centralized. People are more interested to invest in decentralized projects. Binance has also the power. It can be moved if more investors come with it. Anytime is possible here in crypto market.
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Bitloca
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March 26, 2021, 05:03:29 PM |
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I think yes, because many platforms have implemented BSC on their platforms. BSC is considered faster, safer, and lower fees compared to Ethereum blockchain technology, therefore many platforms will switch to BSC.
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