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Author Topic: will Binance be the next Ethereum?  (Read 9586 times)
Rafiqul
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April 17, 2021, 05:56:10 AM
 #281

BNB is the coin that is able to compete with Ethereum at the moment in crypto. Ethereum is much more popular than BNB; Nevertheless, due to its high gas fees, many projects are being shifted to the Binance Smart Chain Network. As a result, the demand for BNB is increasing, as a result of which its price is increasing rapidly. If there is no solution to the issue of high fees for Ethereum in the near future, then I believe BNB will definitely take the place of Ethereum.

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April 17, 2021, 10:22:43 AM
 #282

BNB achieved a lots of thing in last few months. Not only the price hike, the userbase it reached is really high. And it's all because of binance smart chain. Plus day by day binance using bnb in many sectors. and bnb has a great advantage of fees and speed from ethereum till now. The one problem about bnb is iits kind off f centralized. In other hand ethereum is fully decentralized and the biggest platfrom based token. And after eth 2.0 it will be gain. For me as a investment both of them are really good  but unlike ethereum more.

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April 17, 2021, 02:53:05 PM
 #283

It can be especially on the current market availability and status of binance. A lot of people are really maximizing the services and great features of binance. Not only the investors and traders, but also some of the existing projects are deciding to be merge and related to binance smart chains. But for me, binance will never replace ethereum of its position in crypto market.

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April 17, 2021, 08:27:01 PM
 #284

bnb makes me think of ether in 2017 but it is more user friendly.
I wish I bought more when bnb was at 5$.
God...

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April 17, 2021, 08:33:17 PM
 #285

Binance have raise above $500 now but ethereum have been success reach above $2000 and not possibility and looks impossible BSC or BNB can replace ethereum position. I think need $1,500 more to see BNB have the same price with ethereum and impossible if ethereum price not wake up and raise to higher price, but I believe one day etehreum more higher price and again and close with bitcoin price.

It's not a race of price but marketcap and I believe that some day soon, Binance stands the chance to take over all the marketcap ETH has and BSC will rule. All I'm scared for is, if the price of BNB will rise too much, then the cost to get each transaction approved and/or confirmed will also increase in terms of gas (here:BNB). Still, I believe that BNB has a lot of potential to grow and BSC will definitely be the king of smart chains.

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April 17, 2021, 08:35:59 PM
 #286

bnb makes me think of ether in 2017 but it is more user friendly.
I wish I bought more when bnb was at 5$.
God...
I have it bought in that range though was sold early on 100 lol coz who know it will go this far. But i have them at 200+ and still hodling till now.
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April 17, 2021, 08:37:22 PM
 #287

Does it really needs to be? Don't get me wrong it's nice to have options, however I don't see how that's would be a great idea.
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April 17, 2021, 08:51:59 PM
 #288

With the popularity of BSC, I'm pretty sure Binance will be the next ethereum. maybe last year I was still in doubt, but seeing ethereum having a hard time with the problem made me think BSC is the better platform. just look at they can make a platform that is cheap and fast.

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April 17, 2021, 08:53:49 PM
 #289

nothing can be doubted in the crypto space, maybe what you say is true and vice versa. But looking at the development of Binance so far, it is very likely that BNB will compete with Ethereum.

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April 17, 2021, 09:00:19 PM
 #290

Binance have raise above $500 now but ethereum have been success reach above $2000 and not possibility and looks impossible BSC or BNB can replace ethereum position. I think need $1,500 more to see BNB have the same price with ethereum and impossible if ethereum price not wake up and raise to higher price, but I believe one day etehreum more higher price and again and close with bitcoin price.

It's not a race of price but marketcap and I believe that some day soon, Binance stands the chance to take over all the marketcap ETH has and BSC will rule. All I'm scared for is, if the price of BNB will rise too much, then the cost to get each transaction approved and/or confirmed will also increase in terms of gas (here:BNB). Still, I believe that BNB has a lot of potential to grow and BSC will definitely be the king of smart chains.
I do see the probability if this one would continue and there's no doubt that BNB will really be overtaking ETH if there are no changes no been resolved that is currently happening in ETH.
If this one would continue further more then i wont be surprised for some ranking change. Cool We cant tell on what would happen next to the market but we can presume out
basing off on what currently happening around with just some simple observation on where we can make out presumptions on what we are currently seeing.
So for now if we do believe that Binance will be the next then better position yourself.

R


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April 17, 2021, 09:04:27 PM
 #291

I do see the probability if this one would continue and there's no doubt that BNB will really be overtaking ETH if there are no changes no been resolved that is currently happening in ETH.
If this one would continue further more then i wont be surprised for some ranking change. Cool

Like everyone else out there, I'm also highly frustrated with the fees we need to pay over the Ethereum network in order to get our transaction confirmed and the worst part is, we can't even change the fee if we're using a DEX like Uniswap but BSC chain gives us a chance to alter the fee a bit (doesn't really make any difference to the value of the fee but it's just a feature I'm talking about). And that's what I like about BSC - low fees and quick transactions just like ETH and sometimes even faster than that.

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April 17, 2021, 10:30:44 PM
 #292

Totally Agree with you.

The hype and the fee of BSC is more realistic than ETH fee, maybe for those people who have a ton of money it's okay to paying fee in ERC-20.

But for normal people like me, i don't wanna use erc-20 anymore because of the fee is very high Cry
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April 17, 2021, 11:44:52 PM
 #293

The hype and the fee of BSC is more realistic than ETH fee, maybe for those people who have a ton of money it's okay to paying fee in ERC-20.
But for normal people like me, i don't wanna use erc-20 anymore because of the fee is very high Cry
But that reason is not enough to become the basis for BNB to replace ETH, the ETH gas fees is only a temporary problem that can be resolved easily, it is just a matter of time.
and try to see, BSC is actually a branch of the ETH network, everyone who uses BSC actually uses ETH, it's just different networks,
if you don't believe it, you can use the same mnemonic phrase on the BSC or ETH network,
and how can BSC replace ETH when actually BSC is not much different from ETH Smiley
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April 17, 2021, 11:47:57 PM
 #294

Whatever we think or tell, cryptocurrency is our future. Here our first priority should be focus on transaction cost and TPS. Trust is also a matter where Bitcoin is slower than others, but we can trust it. Still, Binance Smart chain isn't trusted enough to take the position of Ethereum. So many projects are switching to BSC, which means new projects still trust Ethereum more than BSC.
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April 19, 2021, 01:47:05 PM
 #295

I'm personally very impressed with the performance of bnb and the binance smart chain has become a respite for several projects following the increasing transaction fees on ethereum. But I must confess that binance coin still has a long way to go to become the next ethereum.
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April 19, 2021, 01:58:01 PM
 #296

Totally Agree with you.

The hype and the fee of BSC is more realistic than ETH fee, maybe for those people who have a ton of money it's okay to paying fee in ERC-20.

But for normal people like me, i don't wanna use erc-20 anymore because of the fee is very high Cry

Practically speaking, those small players will choose BSC due to the issue of ERC having high transaction fees. If that problem will long being solve, more and more traders and investors will switch and use BSC, the term next in terms of service and value already showing and along the way we might see more hypes for this coin.
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April 19, 2021, 02:08:10 PM
 #297

Whatever we think or tell, cryptocurrency is our future. Here our first priority should be focus on transaction cost and TPS. Trust is also a matter where Bitcoin is slower than others, but we can trust it. Still, Binance Smart chain isn't trusted enough to take the position of Ethereum. So many projects are switching to BSC, which means new projects still trust Ethereum more than BSC.
We are talking realistically. Now it seems that many believe in BSc, but I think Ethereum is still dominating. But it cannot be denied if BSc in the future can compete with Ethereum even though it could be a reality or just an imagination. because bsc's opponent is ethereum which is very big in crypto

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April 19, 2021, 02:25:13 PM
 #298

Whatever we think or tell, cryptocurrency is our future. Here our first priority should be focus on transaction cost and TPS. Trust is also a matter where Bitcoin is slower than others, but we can trust it. Still, Binance Smart chain isn't trusted enough to take the position of Ethereum. So many projects are switching to BSC, which means new projects still trust Ethereum more than BSC.
We are talking realistically. Now it seems that many believe in BSc, but I think Ethereum is still dominating. But it cannot be denied if BSc in the future can compete with Ethereum even though it could be a reality or just an imagination. because bsc's opponent is ethereum which is very big in crypto
Ethereum is the affiliate network of many projects while BSC is only a newcomer to the market, so the dominance of ethereum still occupies a large number due to the long-standing relationships in projects but the fact that we cannot deny is that BSC has spread and entered the market very quickly in recent years. That said, this competition isn't an absurd dream or imagination, invisible pressure is being created, and when ethereum fails to resist, BSC could partially overwhelm the network and gain more autonomy

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April 19, 2021, 04:37:15 PM
 #299

I'm personally very impressed with the performance of bnb and the binance smart chain has become a respite for several projects following the increasing transaction fees on ethereum. But I must confess that binance coin still has a long way to go to become the next ethereum.
Currently, there is an increase in transactions on the Binance Smart Chain network. but what concerns me right now is the number of scam altcoins on the network. too many shittoken are using the Binance Smart Chain network at this time because of the high hype and cheap transaction fees. So you have to be really careful when interested in investing in tokens that are on the Binance Smart Chain Blockchain

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royalfestus
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April 26, 2021, 09:28:11 PM
 #300

I'm personally very impressed with the performance of bnb and the binance smart chain has become a respite for several projects following the increasing transaction fees on ethereum. But I must confess that binance coin still has a long way to go to become the next ethereum.
Currently, there is an increase in transactions on the Binance Smart Chain network. but what concerns me right now is the number of scam altcoins on the network. too many shittoken are using the Binance Smart Chain network at this time because of the high hype and cheap transaction fees. So you have to be really careful when interested in investing in tokens that are on the Binance Smart Chain Blockchain
Binance will improve with time. Binance has gain a parabolic movement both in number transaction and active addresses with no sign of stopping soon. The claim of many shit tokens on Binance smart chain has happened to both bitcoin and ethereum in the early stage of adoption. The recent movement in transaction and active addresses of Ethereum is getting close the last bull market and we hope there is more room for growth as the hardfork continues, The berlin hardfork has began to show improvement in size of transaction as well
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