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Author Topic: BNB will remain valuable for a long time  (Read 2218 times)
Rexler
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April 24, 2021, 11:41:03 PM
 #141

You are right, BNB will remain valuable for long, and also its value will keep increasing, you have said it all! The problem the Binance smart chain (BSC) solves is actually bringing more people to its blockchain, Eth blockchain  was the most used blockchain for transactions but due to its high gas fee not everyone could continue transacting with such high fees, this makes people to divert to BSC network which is more faster and cheaper and this is more reason why BNB value keeps increasing and not only that binance  exhange are doing everything possible to keep the token on the rise.

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April 25, 2021, 04:44:27 AM
 #142

I think so we know that bnb price is still high and it is good to trade bnb coin with good pairs.choosing the right pair for bnb is quite good you can double up your money by analyzing,investing and reading graphs .i would love to trade bnb coin and make high profit from it.

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April 25, 2021, 05:26:13 AM
 #143

Individuals who have been utilizing BSC were utilizing it as an every day exchange or something different like took part in the platform, marking pool or some more facility. Various ongoing undertakings dependent on ETH stage are bit by bit changing over to BSC, acquiring clients and financial backers. Clearly the fame of BNB is horrible.


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April 25, 2021, 06:23:38 AM
 #144

You are very right, if BNB will remain valuable for a long time because this altcoin has grown over time, so that many crypto users are turning to the BSC network, where in addition to potentially BNB also has a very low transaction value,

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April 25, 2021, 09:57:08 AM
 #145

Yes this has become an option to choose a more profitable one. Because I think the fee in the crypto world is very important. Because crypto is designed to be a broad medium of exchange. And also in this time of the pandemic many people turn to crypto for profit, those who are no longer working.
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April 25, 2021, 11:02:13 AM
 #146

You are very right, if BNB will remain valuable for a long time because this altcoin has grown over time, so that many crypto users are turning to the BSC network, where in addition to potentially BNB also has a very low transaction value,
It seems to me that reducing the fees on the Ethereum network will greatly reduce the demand for the binance network. Well, the hype around it, accordingly, will also decrease, which will soon affect the price of bnb.

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April 25, 2021, 11:30:37 AM
 #147


It seems to me that reducing the fees on the Ethereum network will greatly reduce the demand for the binance network. Well, the hype around it, accordingly, will also decrease, which will soon affect the price of bnb.

We have to see that first before we can make that a fact, I'm ok with Binance chain I made 5 Ethereum trades using the Binance chain and it was fast and cheap, Binance will continue to innovate and add a lot of features, even if Ethereum fixed their fees, they are now considered as Ethereum's closest competitor and this is a healthy competition and good for the industry.
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April 25, 2021, 11:41:10 AM
 #148

BNB has done so well, I really wish I’d have bought some when I first heard about the project. To be honest i thought it’d flop, the price has continued to moon. Damn I was dumb not to buy early.

Same here my friend. I really did not foresee how powerful CZ's and Binance's influence is. I even had 1 or 2 BNB but I gave those up just for fees. The way they kept pumping and burning and doing trading competitions to give it out, I just didn't expect it to do so well. Of course, it was BSC that did it all for them.

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April 25, 2021, 11:46:03 AM
 #149

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.

I have no doubt that BNB will stay here for long as long as the Binance Platform will continue to serve people legitimacy and with Good reputation.
BNB stands for the Strongest and popular exchange in the world now so no wonder why BNB is climbing high and high .
You are very right, if BNB will remain valuable for a long time because this altcoin has grown over time, so that many crypto users are turning to the BSC network, where in addition to potentially BNB also has a very low transaction value,
You Must always anticipate that this Coin is wearing the Banner of the exchange platform.

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April 25, 2021, 11:57:55 AM
 #150

we've seen how binance expands each product. they continue to adapt to make good innovations and are in demand by the market.
all of which is related to the use of BNB. whatever products and innovations they make will definitely be profitable for greater BNB adoption.
That is what will make BNB valuable in the future.

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April 25, 2021, 01:03:06 PM
 #151

1 thing that in my mind is since first is how if binance collapse, i mean we know BNB and BSC now have other function but i think at first it is from Binance Exchange right?  And then an exchange actually we not know when collapse (but i hope it is not) and people lose trust in that 2 coins.

That's the question you should always be asking yourself for any coin and any service you use (and trust). It may all be going well for now, but what if the CEO dies? Or leaves? Or management changes?

What is their reputation nosedives and people start fleeing and withdraw everything?

Will your money be safe? Will they even honor your withdraws?
That is actually what is on my mind. I mean let's hope everything will be OK. But for me when i use exchange i usually not really think about that as long they are big site, i believe my money will be OK. Or maybe my option is use local exchanges that i maybe can reach them in real life if something happen.

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April 25, 2021, 04:36:09 PM
 #152

we've seen how binance expands each product. they continue to adapt to make good innovations and are in demand by the market.
all of which is related to the use of BNB. whatever products and innovations they make will definitely be profitable for greater BNB adoption.
That is what will make BNB valuable in the future.
Maybe this month have ended with many feature and offer make by binance, but never forget every month binance make new launchpad and give chance for you to buy and sell later on higher price, any feature for next months from lauhcpad, burning and and many more again how to see BNB back to higher price, but you have ready now to buy BNB before late and see price have raise up.


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April 25, 2021, 04:57:40 PM
 #153

even the rumors say that bnb will beat ETH, i don't know but due to very high fee issues some eth users switch to bsc because it is cheaper.
And I also believe that the price of BNB will survive and even tend to rise in the long term.
You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

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April 25, 2021, 05:09:10 PM
 #154


You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

Ethereum fees are starting to open up gaps for us, and that's good news. What are you waiting for? that's when we took advantage of long waits for GAS fees that made us almost give up on what Ethereum was doing with GAS costs. so I think Ethereum has started listening to its holders' complaints. or it may have something to do with Ethereum 2.0.

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blockman
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April 25, 2021, 06:27:00 PM
 #155


You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

Ethereum fees are starting to open up gaps for us, and that's good news. What are you waiting for? that's when we took advantage of long waits for GAS fees that made us almost give up on what Ethereum was doing with GAS costs. so I think Ethereum has started listening to its holders' complaints. or it may have something to do with Ethereum 2.0.
It's just that the network has been open wide again. This happens even for bitcoin when the network is no longer clogged, the fees are starting to drop.
Now the next thing after this, BSC or ETH, it's now depending to what they're aiming for next. And what I hope for is that the fees for bitcoin will also lessen soon.

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April 25, 2021, 06:39:58 PM
 #156

Thanks for BSC for giving Ethereum run for her money but the issue with BSC now is that most people on it are just their to make profit not to build, they are mostly clones of a successful project on Ethereum. I am waiting to see how the chain adapt to the forthcoming Ethereum hard fork, if all these changes on Ethereum bring the transaction fees down, they on what basis will BSC compete

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April 25, 2021, 06:53:53 PM
 #157

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


After a Ethereum, BNB was a stable coin which crossed the 500$.Especially it was happened in altcoin. Most of potential altcoin was struggle to reach 1$ per coin.But 500 over an altcoin was unbelievable.Most people had a profit by investing in the market price of 300$.Even I had loss the opportunity of 300$.

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KaliLinux
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April 25, 2021, 07:01:10 PM
 #158

even the rumors say that bnb will beat ETH, i don't know but due to very high fee issues some eth users switch to bsc because it is cheaper.
And I also believe that the price of BNB will survive and even tend to rise in the long term.
You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)
Yes the fees for the Ethereum network transactions are though coming lower but still not comparable with the BSC transactions fees which is way less. I made some Ethereum transaction earlier today that cost me about $5 though I believe that was probably because it was weekend and I will continue to look at this within the week and another thing is, if not for the high Fees, most of those projects wouldn't have moved to Binance smart chain so the network fees have really affected Ethereum and I know BNB will probably continue to provide good services too cos they wouldn't want to be in Ethereums position.
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April 25, 2021, 07:09:19 PM
 #159

Thanks for BSC for giving Ethereum run for her money but the issue with BSC now is that most people on it are just their to make profit not to build, they are mostly clones of a successful project on Ethereum. I am waiting to see how the chain adapt to the forthcoming Ethereum hard fork, if all these changes on Ethereum bring the transaction fees down, they on what basis will BSC compete
If we were all here every day, maybe we didn't realize that almost every blockchain tried to down Ethereum blockchain. Cardano then Tron now BSC, but we didn't see that almost 60-70 percent of new projects are choosing BSC. The only reason is Binance exchange. This time could be more interesting when BNB overcome ETH CMC, although ETH will replace first place on CMC list.
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April 25, 2021, 07:17:31 PM
 #160

Maybe this month have ended with many feature and offer make by binance, but never forget every month binance make new launchpad and give chance for you to buy and sell later on higher price, any feature for next months from lauhcpad, burning and and many more again how to see BNB back to higher price, but you have ready now to buy BNB before late and see price have raise up.
Yes, overall, especially this year, Binance has released a lot of new features that can benefit many people, so I personally really like the BNB token and the Binance exchange because I have experienced the benefits of BNB almost five times this year.
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