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Author Topic: BNB still undervalue  (Read 1518 times)
abel1337
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March 31, 2021, 06:26:05 PM
 #41

I can't really say that BNB is undervalued right now. Remember the ICO trend in 2017 where most of the smart contract that was successful was made at Ethereum Blockchain but It didn't reach its price like what we have today. If BNB is really an undervalued coin despite what it is offering, We could expect a huge price jump in the next months or years.
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March 31, 2021, 06:43:30 PM
 #42

Well, binance should be thankful to Ethereum, because I strongly believe that if not for the high transaction cost which caused many project to migrate to binance chain, binance wouldn't be where it is today or maybe this position it is now would have taken longer, so what am trying to say is that as long as the high transaction cost continue to plague Ethereum, more project will continue to migrate to binance chain and the platform will continue to grow, so personally, i agree with the poster, BNB is like to go above $1000 dollars soon cus its the new Ethereum if am asked.

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March 31, 2021, 06:49:57 PM
 #43

People moved to BNB because of high transaction fee. Also Binance burns some of BNB periodically. One day BNB will be bigger than Ethereum.
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March 31, 2021, 07:21:11 PM
 #44

People moved to BNB because of high transaction fee. Also Binance burns some of BNB periodically. One day BNB will be bigger than Ethereum.
That is right most people moved to BNB due to high transaction fees, and it is the really bad side of ETH. However, l hope this problem will be solved in the near future, on the other hand, there are still a lot of people who prefer investing in ETH than in BNB. l prefer also investing in ETH, to tell the truth, both of them are my favorite coins. But ETH has always been the second currency after BTC. In my mind BNB never can be bigger than ETH, overall there is not any currency that can overtake ETH. If BNB would overtake ETH, that BNB should work hard. But l don't think that it will help BNB for overtaking ETH.

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March 31, 2021, 07:29:20 PM
 #45

People moved to BNB because of high transaction fee. Also Binance burns some of BNB periodically. One day BNB will be bigger than Ethereum.
That is right most people moved to BNB due to high transaction fees, and it is the really bad side of ETH. However, l hope this problem will be solved in the near future, on the other hand, there are still a lot of people who prefer investing in ETH than in BNB. l prefer also investing in ETH, to tell the truth, both of them are my favorite coins. But ETH has always been the second currency after BTC. In my mind BNB never can be bigger than ETH, overall there is not any currency that can overtake ETH. If BNB would overtake ETH, that BNB should work hard. But l don't think that it will help BNB for overtaking ETH.

I guess the high Ether fees will remain for some time, because the developers are simply incompetent. All they can do is to do delaying tactics, by giving the excuse of ETH 2.0. The scalability issue and high fee for ETH is here to stay and I don't expect any major changes for the near future. BNB is an attractive option under such circumstances, but the BNB developers need to make sure that it stays updated with the latest technology.
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March 31, 2021, 08:12:23 PM
 #46

Well, binance should be thankful to Ethereum, because I strongly believe that if not for the high transaction cost which caused many project to migrate to binance chain, binance wouldn't be where it is today or maybe this position it is now would have taken longer, so what am trying to say is that as long as the high transaction cost continue to plague Ethereum, more project will continue to migrate to binance chain and the platform will continue to grow, so personally, i agree with the poster, BNB is like to go above $1000 dollars soon cus its the new Ethereum if am asked.

It's competition and if ETH won't changed a thing then expect that Binance coin will continue to gathered more end users, development and investment wise, people will aim for much cheaper transaction fees.
Where BSC is really prospering, lots of developers are maximizing the use of this chain, along the way with more successful project being migrated to this system, the more the value to BNB will reflect.
$1000 is just near as the progress and success of this chain is continuing and there are more to come for this asset.

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March 31, 2021, 08:21:20 PM
 #47

Bnb, on the contrary, is overrated for me. Because it is a centralized blockchain token.
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March 31, 2021, 08:26:51 PM
 #48

I can't really say that BNB is undervalued right now. Remember the ICO trend in 2017 where most of the smart contract that was successful was made at Ethereum Blockchain but It didn't reach its price like what we have today. If BNB is really an undervalued coin despite what it is offering, We could expect a huge price jump in the next months or years.
Binance is a huge exchange, it was a matter of time that BNB would become popular. However, it's not only that anymore, yield mining, Decentralized Finance is getting more and more widespread, and so is the Binance Smart Chain.

Personally, I've found the BSC extremely useful, it's both time and money saving.

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March 31, 2021, 08:43:11 PM
 #49

As per my view , Still bnb more potential.  now go around 270-300$ per coin. Today announced a new IEO.  I think In the end of April 600$ per coin is more viable.
- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular
So what you all think about this?
All i could think about right now is to agree with your suggestions, the BNB still undervalue reason be that the project is yet to be tap into by institutions around this cryptocurrency, VISA currently exploiting ETH and BNB far more better indeed. I for one had sometimes augured with the believe that the BNB will surpass the said ETH 2.0 some day becasue of their determination to move the world of cryptocurrency into another new dimensions, they are doing what they know to do best in terms of marketing their products and it's working for them quite well.

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March 31, 2021, 10:47:15 PM
 #50

BNB is very good coin exactly when Binance announce have new launchpad or new ICO project, look today Binance break above $300 and keep stable until seven days after ICO or launchpad ended. But during without any launchpad price of BNB still down and never have any good news yet. You can hold and buy BNB after launchpad and waiting new next ICO again on binance.

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March 31, 2021, 11:11:19 PM
 #51

As per my view , Still bnb more potential.  now go around 270-300$ per coin. Today announced a new IEO.  I think In the end of April 600$ per coin is more viable.

- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular


So what you all think about this?
I think BSC is not more popular than Ethereum, because until now there are more projects using smart contract from Ethereum, therefore I think Ethereum is more popular than BSC, but I agree that the price of Binance is still undervalue for now, therefore the price of Binance still has the opportunity to increase even higher than the current price and gives you a lot of profit from investing in Binance at this time, but I still recommend you to invest in Ethereum, because the price of Ethereum will definitely increase higher than the price of Binance, so you will definitely get a lot of profit from investing in Ethereum rather than Binance.
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March 31, 2021, 11:47:01 PM
 #52

thats mean the current price still cheap or undervalued, right ?

I guess for people who hodl BNB and they will be saying if that's still undervalued but for some people who didn't own BNB and this coin might be overvalued.
The different perception will come when people are in the different situation.

I think that if the result of how under or over valued bnb depends on the personal opinion and it can't be generalize if BNB is still over valued or under valued.
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April 01, 2021, 04:15:46 AM
 #53

People are still thinking it is not really centralized in the sense that Binance can't print more whenever they want, or they can't make a rollback whenever they want, sure they could add it to other things if they want to, but it all depends on us you know that right? Like if bnb users hate a new feature they could ignore it and not use it and Binance has nothing else than just accept it and move on.

I would have to say it is not really a "copy" of ethereum, it has its own blockchain that's true but it is nearly getting to ethereum levels already and even have more volume in swaps and the cost of bsc transactions are like 20-90 cents which is why it has a huge advantage.  But, everything they do so far is awesome so we take it and use it. Look at eth 2.0 situation, does that make eth centralized? Of course not, same way why BNB is not as centralized as you think.

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April 01, 2021, 04:42:45 AM
 #54

As per my view , Still bnb more potential.  now go around 270-300$ per coin. Today announced a new IEO.  I think In the end of April 600$ per coin is more viable.

- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular


So what you all think about this?


for more growth possibilities there is still for bnb coin. which will automatically increase the price of the BNB. considering the increasing number of bnb coin users for various transactions.

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April 01, 2021, 05:14:02 AM
 #55

BNB and the BSC has been incredible for me.

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April 01, 2021, 05:57:01 AM
 #56

A debate or discussion like this will occur when a coin whose price and popularity increases so that it begins to be compared with the coins that first appeared, whether BNB can compete with ETH only time can answer, but now there are many reasons why BNB is starting to be favored because of the ETH tx fee which I think is crazy. As long as Binance exchange is dominating the crypto market I think BNB will continue to be used because they have the power and money to expand it.
Crypto market is about money and domination who owns it will be able to influence the media to influence many people.

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leea-1334
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April 01, 2021, 06:45:02 AM
 #57

People are still thinking it is not really centralized in the sense that Binance can't print more whenever they want, or they can't make a rollback whenever they want, sure they could add it to other things if they want to, but it all depends on us you know that right? Like if bnb users hate a new feature they could ignore it and not use it and Binance has nothing else than just accept it and move on.

I would have to say it is not really a "copy" of ethereum, it has its own blockchain that's true but it is nearly getting to ethereum levels already and even have more volume in swaps and the cost of bsc transactions are like 20-90 cents which is why it has a huge advantage.  But, everything they do so far is awesome so we take it and use it. Look at eth 2.0 situation, does that make eth centralized? Of course not, same way why BNB is not as centralized as you think.

Centralized because yes users can add whatever they want to it but have a look at pancakeswap which is fully supported by binance. They can still do what they want and reject projects as they like if they want,,, sure they can go elsewhere but they will not get the good volumes. This is the power of supposedly decentralized yet run by a company.

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Lantind
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April 01, 2021, 06:50:39 AM
 #58

BNB is very good coin exactly when Binance announce have new launchpad or new ICO project, look today Binance break above $300 and keep stable until seven days after ICO or launchpad ended. But during without any launchpad price of BNB still down and never have any good news yet. You can hold and buy BNB after launchpad and waiting new next ICO again on binance.
It's true, in a moment and time it is very appropriate to take advantage of that because I personally also get benefits through BNB at a price of $ 300 even though it was above $ 300 in one BNB unit, but I will never regret it because I will try to buy BNB back when prices fell.

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April 01, 2021, 11:08:27 AM
 #59

BNB is an altcoin that has had a very good growth this year, this can be seen from many requests for BNB in ​​the market, and we can see that Binance is right below ETH which is in 2nd position, besides the significant development of Binance, Binance also has The cost of gas is very small compared to ETH, of course at this point everyone's eyes will be on Binance
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April 01, 2021, 12:27:58 PM
 #60

BNB is an altcoin that has had a very good growth this year, this can be seen from many requests for BNB in ​​the market, and we can see that Binance is right below ETH which is in 2nd position, besides the significant development of Binance, Binance also has The cost of gas is very small compared to ETH, of course at this point everyone's eyes will be on Binance

Maybe the time is not really at its best for the BNB and you don't need to worry because this is not the last time we will see such kind of Bull-Run. Maybe next time BNB will be at its best when they consider it the best alternative altcoin you can invest your money with. You can really trust BNB because it came from a trusted source which we all now has the capability to guard their investors against thief and scammers if they're holding it on the Binance exchange itself. They have been hacked before and they compensated their users in less than a week. That kind of feature you can't find in any of the existing exchanges out there. That's why I'm telling you, Binance is one of the best exchanges out there.

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