Anonylz
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April 01, 2021, 01:46:14 PM |
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As long as bnb is on the binance exchange no one can deny is centralization because binance is a centralized exchange, but the issue of printing or minting more bnb in future feature the possibility is always there, as time goes on the team may decide for what so ever reason to make more of the coin is within they power. BNB devaluation is a contested question because at this time the coin is already above $300 and still increasing. It is highly unlikely to even consider binance would mint more bnb in the future, if that's the case why going so much trouble doing quarterly burn then turn around at some point to mint same coin they have burn periodically for years now with the awareness of the public, does that make any sense to you! binance may be a centralized exchange but it doesn't really translate to mean it will start printing new bnb, what about non-centralized projects that mint new adfditional coins without the knowlegde of investors or are saying no decentralized project has ever done this!
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kentrolla
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April 01, 2021, 02:36:25 PM |
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BNB is now in my favorite list and I am really excited to see the price movements each and everyday the price drops only if BTC goes down but it is not losing its momentum which is the key factor, BNB is a safe and reliable asset for me and I believe there could be big changes in near future because its already ranked as the top exchange in the world of crypto and we can expect more and more for long-term.
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fia_naila
Sr. Member
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The Standart Protocol - Solving Inflation
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April 01, 2021, 02:54:33 PM |
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If we compare to ethereum in 2017 bnb is very undervalued. 1. Many developer start ti build dapps on bnb smart chain 2. Binance name is so hig and of course this coin supprted by binance. 3. Many developer move from ethereum network to binance.
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doomloop
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April 01, 2021, 03:45:34 PM |
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People moved to BNB because of high transaction fee. Also Binance burns some of BNB periodically. One day BNB will be bigger than Ethereum.
How that works if BNB burns portion of its total supply periodically doesn't that also means the market cap to be stuck since lesser total supply means lesser market capitalization if the coin price can't keep up with how much coins burned in hope of increasing the price. I know that BNB is promising but I don't see it can be bigger than Ethereum seeing how the coin's burning model. CZ keeps promoting BNB as well, he keeps writing about how awesome it will get and how great it will be too. We are just seeing the start of what makes BNB great, we are going to see a lot more stuff in the future, he realized that the biggest weapon he has is BNB and not binance exchange, you can actually delete all exchange and just have BNB and he would still be a hugely rich and wealthy person while BSC keep making BNB worth a lot, obviously binance is a big reason, probably the biggest reason but its no longer the only reason. That is why I think he will keep pushing BNB instead of binance and he will make us all rich meanwhile as well, that is going to be something very valuable for the future if you are holding bnb. I do have both bnb and eth so I am the winner in this fight, both of them will try to out do each other while we make the profits.
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int03h
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April 01, 2021, 04:29:51 PM |
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Binance's value is overvalued and I think that brand equity does not come entirely from Binance Smart Chain, it has been calculated from many different stages. CZ is the one who created the demand for Binance. He created various tricks such as paying transaction fees with BNB, creating IEOs, creating Binance DEX, Binance Smart Chain ... Binance is used a lot because of its low cost, but it is not as decentralized as Ethereum. Binance's rally was undoubtedly due to CZ's manipulation of his exchange.
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udayantha11 (OP)
Member
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2023 would most likely be as bearish as 2022
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April 01, 2021, 04:41:54 PM |
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Binance's value is overvalued and I think that brand equity does not come entirely from Binance Smart Chain, it has been calculated from many different stages. CZ is the one who created the demand for Binance. He created various tricks such as paying transaction fees with BNB, creating IEOs, creating Binance DEX, Binance Smart Chain ... Binance is used a lot because of its low cost, but it is not as decentralized as Ethereum. Binance's rally was undoubtedly due to CZ's manipulation of his exchange.
yes.. you are completely correct... this is game
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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mindrust
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April 01, 2021, 04:52:11 PM Last edit: April 01, 2021, 05:06:48 PM by mindrust |
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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?
Depends on the analysis you make. Right now BNB acts like a company stock and BNB's marketcap is ~$50B. As a currency, I don't think BNB deserves its price tag but as a stock of the biggest crypto exchange, it is probably undervalued. There is one catch however, BNB is not a stock. Even if you own all BNB's, you won't be able to own Binance.
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Kabul
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April 01, 2021, 05:00:06 PM |
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To me, binance is valued enough even though it can increase up to $600. The bull market are exaggerating everything and it seems that you still does not satisfy. Good things take time. Be patient. Binance has to stand firm whenever a correction occurs. If it is truly valuable, buyers and investors will decide its upcoming price
I have a good fate in binance since many projects are built on their ecosystem. The binance is healthy enough to run many test and develop new apps. Not only that, Binance's team are quite interested in investing their money and efforts for new promising project. It is undoubtable that binance really has a good position in the crypto world
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Ultegra134
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April 01, 2021, 06:20:56 PM |
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As per my view , Still bnb more potential. now go around 270-300$ 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?
Depends on the analysis you make. Right now BNB acts like a company stock and BNB's marketcap is ~$50B. As a currency, I don't think BNB deserves its price tag but as a stock of the biggest crypto exchange, it is probably undervalued. There is one catch however, BNB is not a stock. Even if you own all BNB's, you won't be able to own Binance. What concerns me the most is the fact that it's not really decentralized, since it is owned by an exchange. Despite that, it has shown great advance over the past few months. In my opinion, it will rise even further, due to the BSC chain, which I also use personally.
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donatello345
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give me back my 2008
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April 01, 2021, 07:16:47 PM |
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As per my view , Still bnb more potential. now go around 270-300$ 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?
Of course, this platform has a great future, I am 100% sure. A very extensive platform, where a lot of different tools, etc. $ 300 for such a valuable asset is too small, this is of course my opinion, we can get it off, but I am sure that this coin will still grow well in price, it is 100%
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mindrust
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April 01, 2021, 08:27:07 PM |
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What concerns me the most is the fact that it's not really decentralized, since it is owned by an exchange. Despite that, it has shown great advance over the past few months. In my opinion, it will rise even further, due to the BSC chain, which I also use personally.
This is the new way of crypto. It is decentralized as long as the CEO lets it. When something bad happens, they will rewind the chain and "fix" the problem just like how Vitalik did. They say it was a one time thing but I am having a hard time believing it. I remember CZ was looking for a way to rewind the bitcoin blockchain when binance was hacked and now he is commanding a $50b marketcap crypto. Fundz are definitely safu.
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Willitivity
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April 01, 2021, 11:45:25 PM |
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What concerns me the most is the fact that it's not really decentralized, since it is owned by an exchange. Despite that, it has shown great advance over the past few months. In my opinion, it will rise even further, due to the BSC chain, which I also use personally.
This is the new way of crypto. It is decentralized as long as the CEO lets it. When something bad happens, they will rewind the chain and "fix" the problem just like how Vitalik did. They say it was a one time thing but I am having a hard time believing it. I remember CZ was looking for a way to rewind the bitcoin blockchain when binance was hacked and now he is commanding a $50b marketcap crypto. Fundz are definitely safu. Of course, Funds are always with safu. It has always been since that $30M hack 2 years ago. Binance coin/Smart chain so far so good has been decentralized for most majority of the time now and haven't given a reason for us go think otherwise except for the last burn where there was s miscommunication by CZ about some other unlocked tokens. Binance has some really good news line up and their different products have constantly been updated. I know Smart chain will be constantly updated until ETH 2.0 goes in full swing.
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Zemomtum
Full Member
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CitizenFinance.io
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April 01, 2021, 11:59:40 PM |
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Binance Smart chain has resolved the issue of high cost in transaction fee with a huge speed as compared to ETH. I am of the opinion that it might be the one that will first overshadow Ethereum unless ETH 2.0 is brought to light.
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LUCKMCFLY
Legendary
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Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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April 02, 2021, 01:00:07 AM |
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Binance Smart chain has resolved the issue of high cost in transaction fee with a huge speed as compared to ETH. I am of the opinion that it might be the one that will first overshadow Ethereum unless ETH 2.0 is brought to light.
I think that thanks to that integration is that BNB is becoming more and more successful, of course BNB is undervalued at the moment, but sometimes it is difficult for an investor to exit or change from another currency to BNB, investors now with the integration of BNB in several casinos it has made it more mobile and its potential is also evident. In addition to analyzing the market in general lately, altcoins have risen and bitcoin is still below $60k, when Bitcoin's bull run begins, BNB will also shine.
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nicecrypto
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April 02, 2021, 03:28:09 AM |
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To me, binance is valued enough even though it can increase up to $600. The bull market are exaggerating everything and it seems that you still does not satisfy. Good things take time. Be patient. Binance has to stand firm whenever a correction occurs. If it is truly valuable, buyers and investors will decide its upcoming price
I have a good fate in binance since many projects are built on their ecosystem. The binance is healthy enough to run many test and develop new apps. Not only that, Binance's team are quite interested in investing their money and efforts for new promising project. It is undoubtable that binance really has a good position in the crypto world
I don't quite agree with that, Binance has come a long way too and has proven to be a force and the Bull market if in any opinion has exaggerated any thing, it has been for the whole crypto projects and not just BNB and I believe it is more of the Adoption based on what is currently happening with Ether gas fee and their ability to spring up new projects like you mentioned. IMO, BNB deserves it and some.
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Xxmodded
Sr. Member
Offline
Activity: 2296
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SOL.BIOKRIPT.COM
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April 04, 2021, 03:16:24 AM |
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BNB is good coin but only raise to higher price when have IEO or launchpad coin there, without any new IEO coin difficult to see BNB keep worth and have higher price. Every time when launch new IEO BNB raise more than 20% up but after IEO finished price keep up about one week later before back to lower price and keep waiting with new IEO for push BNB to higher price.
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kropelos93
Copper Member
Member
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Activity: 865
Merit: 32
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April 04, 2021, 03:20:26 AM |
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Binance Smart chain has resolved the issue of high cost in transaction fee with a huge speed as compared to ETH. I am of the opinion that it might be the one that will first overshadow Ethereum unless ETH 2.0 is brought to light.
I accept that ETH is too costly for most people in crypto. Sending a token for 40 dollars, swapping it in Uniswap for over 120 dollars is an insane fee. For me and for investors with limited funds, BNB is the better option.
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criket
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April 04, 2021, 03:22:34 AM |
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to speak at this point BNB is already at the top. but it would be different if it spoke for the future. BNB still has the ability to be more expensive than it is today. good development, as well as innovation from technology, and strong market support have always been a good foundation for each BNB's growth. why at this time we can judge we BNB is still a cheap value? This is clear because in the future, the supply of BNB will continue to decrease and we know that for projects that have a large market and a reduction in the supply of coins in the market, BNB will become a dragon coin in the future.
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dhemasm
Full Member
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Activity: 1829
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Moderator
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April 04, 2021, 03:36:49 AM |
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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.
Yeah BNB Was have an great potential but it's still centralized with high Max Supply (170M) I suppose the price will atleast same with Ethereum in the next few years with supply like that but still it's good choice to hold it for long term, Tons of good sign like BSC popularity, Upcoming Launchpad, etc, giving good spot for BNB Too rise!
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WalkerIVIV
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April 04, 2021, 06:32:21 AM |
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Binance Smart chain has resolved the issue of high cost in transaction fee with a huge speed as compared to ETH. I am of the opinion that it might be the one that will first overshadow Ethereum unless ETH 2.0 is brought to light.
I think so, the fact that binance was taking a very great idea by implementing the new chain that fully compliant with ethereum. As far as i know BSC was forking from ethereum chain and that makes it very complaint with ethereum just like RSK bitcoin too. I think that it's still too far to think binance will take over ethereum but it may happen in the next decade but i doubt one ethreum problem will be solved and BSC has no chanc to do that.
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