martina14
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April 17, 2021, 11:50:25 PM |
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Bnb so far was performing amazingly in the market, and I think everybody noticed this because of the BSC blockhain where most of the new projects even the old altcoins are now using it too, because they're go with flow of what is trending in the market just like what is happened before on Uniswap. But this BSC is much differ of course into UNI where I know it will become more better than to it of course, so right now I am saving little by little of BNB for the future of course.
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Bluto
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April 18, 2021, 04:43:01 AM |
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Today we saw BNB lose less against the dollar than BTC did even after BNB had gone up so much. This could be alt season or even a bear market. But I'm confident in BSC DeFi will keep buy pressure on for BNB which is nice. So seeing BNB earning against BTC is neat even as everything falls.
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arifteguhr
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April 18, 2021, 04:51:05 AM |
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I agree with you, because fees from BSC are cheaper than Ethereum, so that makes BSC more popular for now and of course now there are many projects that use blockchain from BSC, so I am sure that in the future the price of Binance will definitely increase very high and of course giving us a big profit from investing in Binance at this time (my prediction that the price of Binance will be at least $1000 by the end of this year).
What is clear is that for now the factor that attracts people is the cheap transaction fees. but if later BNB will experience a high increase. it will also be the same that the transaction fee will also increase in the USD exchange rate will certainly increase. However, currently the interest from people to be able to follow the Token trend in the BSC network is still quite high. Airdrops and IFO were also successful
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poodle63
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April 18, 2021, 05:09:36 AM |
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I acknowledge that Binance has solved Ethereum's transaction problems. And that's why thousands of people are joining the Binance network every day. But ethereum coins will not want to lose its reputation. As a result, Ethereum is trying to solve this problem and maybe this problem will be solved in a few months. So if everyone comes back to Ethereum network again, what will happen to BNB?
Ethereum indeed already planned to solve the problem by changing how gas fee calculated in the upcoming month of july but to be honest, doesn't guarantee that it's really gonna work but if ETH does indeed fix the problem many people gonna go back again however if everyone switch back I'm pretty sure BNB will still pretty much alive as demand for BNB mainly driven by the binance itself and not because BSC and eventually people will also consider BSC as just an alternative that's good to have and not gonna cause problem if it ceases to exist. At the end of the day most of projects gonna prefer the real decentralized coins not some company controlled blockchain.
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dhemasm
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April 18, 2021, 05:14:42 AM |
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I acknowledge that Binance has solved Ethereum's transaction problems. And that's why thousands of people are joining the Binance network every day. But ethereum coins will not want to lose its reputation. As a result, Ethereum is trying to solve this problem and maybe this problem will be solved in a few months. So if everyone comes back to Ethereum network again, what will happen to BNB?
Nothing, BNB Was already have strong fundamental in the first place, It's backed by Binance with real utility use case, You can use it for Staking, Subscription (Launchpad), Lending and many more. BNB it's one the successful native Exchange currency that truly have utility, Beside that today we can see some bullish trend BNB when Ethereum Network was overloaded and the gas fee was ridiculous, If Eth 2.0 Implemented later, BNB will becoming another alternative like today and not dying.
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armanhusni
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April 18, 2021, 07:43:37 AM |
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If for a long time I think the BNB will be much more valuable than its current price. Moreover, every year BNB reduces supply by burning, of course with that it will make BNB coins more valuable for a long time.
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akar87
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April 20, 2021, 08:56:28 PM |
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I can guarantee if you have much money better saving in BNB than you hold on bank without any value increase, just get inflation and your money keep the same although how many years you save. Look with BNB price last year under $50 and now check again and open your wallet maybe you have little BNB and see how much price right now.
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Princeofpoetry
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April 20, 2021, 10:05:17 PM |
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I also think so, BSC is not as fully decentralized as ethereum. but now many projects migration to bsc and even use 2 plafform ethereum and bsc. BNB's long prospects are very good, I don't doubt it. But I think Eth will still be the top choice when gas prices are cheap and transaction speed is fast, Ethereum will be back with a lot of eyes on it
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DarkDays
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April 20, 2021, 10:11:12 PM |
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While BNB appeals to the wider crypto users because the binance smartchain currently seem to have overcome the biggest issue that most cryptocurrency users have with bitcoin ethereum and the ERC 20 blockchain tokens. This problem is the speed of transaction and and the cost of transactions. This is a problem that BSC currently solves, and while a lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized a coin or token is, they just want the solutions they it offers. This is why i think BNB an the BSC will remain very valuable in years to come
BNB is an Exchange token. BNB has managed to attract the attention of crypto players through the BSC. BNB prices will remain valuable and will print new ATH when they do the Event (burn, launch). During the madness, transaction fees that occur on the ETH network will continue to make BNB prices move up. Therefore, BNB deserves to be counted as a promising Coin for this year or the next year. There is that but let's not forget what the major projects launching today are big on adopting - Binance Smart Chain (BSC). ETH is still very high on fees and BSC with its fast, and secure transaction with almost zero fee becomes a very attractive alternative. And of course, to use the BSC network you need BNB. I'm not surprised at all by how BNB is doing - maybe even 1K in a few months - all is possible with the greater drive for BSC adoption
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odukoyaewatomi27
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April 20, 2021, 10:15:10 PM |
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BNB banked on the weaknesses of the Ethereum blockchain. The cost of transaction on the Ethereum blockchain is just too much and the speed of transaction on the Ethereum blockchain is just too slow. So BNB created the solution for this problem and people will definitely adopt it. Small investors have a hard time utilising a the Ethereum blockchain because they don't have much money to spend on the transaction fee. So BNB will continue to increase, if you have money buy and hold BNB
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btc-facebook
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April 20, 2021, 10:42:02 PM |
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BSC does not solve that problem, actually BSC is the same as ETH, the difference is that BNB prices are still cheap when compared to ETH, if the BNB price is more than $2000 I am sure the BSC gas fee will also be expensive following the expensive BNB price, the same as ETH, which is actually cheap gas fees, but because ETH prices are above $2000, ETH gas fees are expensive. For the long term there is no doubt about the BSC, because BNB has strong fundamentals.
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SistaFista
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April 21, 2021, 04:27:25 AM |
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I agree with you, because fees from BSC are cheaper than Ethereum, so that makes BSC more popular for now and of course now there are many projects that use blockchain from BSC, so I am sure that in the future the price of Binance will definitely increase very high and of course giving us a big profit from investing in Binance at this time (my prediction that the price of Binance will be at least $1000 by the end of this year).
Actually, there are many people who reluctant to using ETH blockchain because the fee is very high. Binance has launched binance smart chain which give 'solution' to them, so they are now using BNB coin more than ETH coin to avoid high gas. $1000 is not impossible, it is very possible to happening at the end of the year because there are still 3 more BNB burns in this year.
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Sithara007
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April 21, 2021, 04:53:50 AM |
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Actually, there are many people who reluctant to using ETH blockchain because the fee is very high. Binance has launched binance smart chain which give 'solution' to them, so they are now using BNB coin more than ETH coin to avoid high gas. $1000 is not impossible, it is very possible to happening at the end of the year because there are still 3 more BNB burns in this year.
Despite the dominance of Binance as an exchange, BSC has so far been unable to topple the Ethereum chain from the top position. A majority of the new projects still use the ETH chain, despite the high transaction fee. One major issue that concerns many cryptocurrency users is the centralized nature of BSC and BNB. In cryptocurrency market, decentralization is very important and here BNB is at a disadvantage compared to ETH.
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KimmyF
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April 21, 2021, 08:15:29 PM |
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I agree with you, because fees from BSC are cheaper than Ethereum, so that makes BSC more popular for now and of course now there are many projects that use blockchain from BSC, so I am sure that in the future the price of Binance will definitely increase very high and of course giving us a big profit from investing in Binance at this time (my prediction that the price of Binance will be at least $1000 by the end of this year).
I'm sorry that your prediction is so low, Binance coin could take the top lead of Smart chain. The Ethereum blockchain next announcement will be next year. I don't know how much transaction cost can be minimized this time. Even today I also use Tron blockchain for Ethereum transaction cost, but BNB won't hold the first position. I'm seeing that Binance tried to monopoly on everything, which will be the main reason to lose first position.
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GrosWesh
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April 21, 2021, 08:35:54 PM |
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Op should not fall in love with a coin. I agree Binance is nowadays a trusty place but noone knows what could happen. Imagine a new direction is taken or even worse (like a huge hack). In such case, bnb could collapse a hundred times faster than it climbed Never say never... Especially in crypto
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motun01
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April 21, 2021, 10:20:43 PM |
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BNB has all it takes to be one of the legacy cryptocurrencies of this crypto space just like bitcoin and ethereum It was a real innovation for binance to develop their BSC binance smart chain and BNB is a lot cheaper than eth while the BSC at the moment provides better value in terms of transaction cost and speed.
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Hypnosis00
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April 21, 2021, 10:27:11 PM |
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BNB coin will remain valuable as long as Binance exchange still exists. We saw how it struggling hard to keep the momentum until it reaches this ultimate high and even to surpass those coins that are already in the market for so long. As for it was protected by the developers and Binance, that will be going to happen forever. I called BNB as a signature coin representing Binance exchange.
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odukoyaewatomi27
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April 21, 2021, 10:43:18 PM |
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BSC has become a store of value for certain individuals. Individuals purchased BNB are not just brought about by the use case that all around offered but BNB gives such countless advantages to its token holders contrasted and another exchange token. The versatility issue is certainly not a major issue as long as it tends to be forked to build the blocksize but the principle issue was if the local area wanna fork it.
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hamba laeh
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April 23, 2021, 09:49:18 PM |
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While BNB appeals to the wider crypto users because the binance smartchain currently seem to have overcome the biggest issue that most cryptocurrency users have with bitcoin ethereum and the ERC 20 blockchain tokens. This problem is the speed of transaction and and the cost of transactions. This is a problem that BSC currently solves, and while a lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized a coin or token is, they just want the solutions they it offers. This is why i think BNB an the BSC will remain very valuable in years to come
yes, I totally agree with your opinion that BNB is able to provide solutions to problems currently being faced by crypto users. So for the next few years BNB will be able to stick with the solutions they provide users until new problems will emerge in the crypto world. then another cryptocurrency will be born which will offer solutions to new problems later. So for now many users have switched to BNB and BSC instead of sticking with ethereum (ERC20).
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Samurai trieng
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April 23, 2021, 10:24:36 PM |
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I really agree with you that a binance will always be valuable for a long time because the demand for binance is increasing in the market especially because the transaction fees from BNB are very low, so many crypto traders are switching to the BSC network, I am sure BNB will be able to outperform etherem in the future.
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