adekogbe (OP)
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April 13, 2021, 11:24:00 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
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X-ray
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April 13, 2021, 11:55:44 PM |
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Ethereum developers has proposed the proposal to fix the scalability problem while bitcoin will not be solved as it has become store of value. People who have been using BSC were using it as a daily trade or something else like participated in the launch pad, staking pool or many more. they only care about money and that's the point. they will not argue whether BNB was decentralized or centralized. BNB has so many active products and it will have 1 billion net income probably.
So many people are holding their BNB for the long term investment like ethereum and bitcoin.
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777Jolami
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April 13, 2021, 11:58:00 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
Data may not be a measure but is always relied upon for judgment and analysis. BNB's market cap grew very quickly when BSC launched. A number of recent projects based on ETH platform are gradually converting to BSC, bringing in users and investors. Obviously the popularity of BNB is terrible. With a great reputation from Binance's growth and maturity over the years, I am confident they will improve and grow BSC continues to grow steadily in the future.
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Amejoaquim
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April 14, 2021, 02:02:25 AM |
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I've been holding this coin more than 2 years and still counting. My target for this coin is $2k and i hope my goal can be reach in this year or maybe next year. BSC is the future ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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shinratensei_
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April 14, 2021, 03:18:52 AM |
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I do agree with all of your points mates, BSC has become a store of value for some people. People bought BNB are not only caused by the solution that already offered but BNB gives so many benefits to its token holders compared with another exchange token. The scalability problem is not a big problem as long as it can be forked to increase the blocksize but the main problem was whether the community wanna fork it or not.
That will need a lot of effort to prepare the fork but it's not impossible to be implemented on ethereum to increase the block size. BNB may become the next ethereum next years
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yazher
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April 14, 2021, 03:23:24 AM |
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That is no doubt especially when you see their current situation in the market where the price is suddenly increasing as well. There's something with BNB why investors wanted to trust it and their exchange is one of the best in our current time. They also have their own Network which has the lowest gas fees you can find out there. As it feels like you are being served in one place. That's why many people have speculated that the price will gonna continue to rise up due to its unique and good service that they offered to their users.
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FairUser
Sr. Member
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April 14, 2021, 03:36:20 AM |
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With BNB I have many reasons to look forward to the long-term future, clearly looking at how CZ performed their position in this market. But last year with the arrival of Binance I see another big factor in the market, and the results never go wrong. Looking at the long-term, I think the competition between the major platforms in the crypto space will become very intense as the BSC is increasingly proving its worth and the future of Ethereum will also offer upgrades.
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MoneyJ
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2021, 03:51:49 AM |
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For so long as Ethereum keeps on getting high fees but still evolves into Defi boomer, BNB will remain valuable and many startups prefer to spend less money to jumpstart their respective blockchain business.
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Hobo66
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2021, 03:52:55 AM |
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to my opinion bnb is gonna rise sky high, binance know theire game and they make us use it in new crypto countdowns.. its unbelievable seeing it above 500 usd.. btw, i transferred all my money to bnb and not gonna move it from there, just gonna buy with fiat some other shitcoins to play while my bnb rises up
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BaeSuzy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2021, 04:05:35 AM |
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Agree, i think BSC will dethrone ETH in the next few years and it will be so easy for BNB to take the second place in cmc from ETH, if ETH can't fixed the fee issue damn, it will be so bad for their future.
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muratsink
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April 14, 2021, 04:23:29 AM |
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I think BSC or ETH will be the same later when price higher, how ever if price still down looks lower gas fee but after BNB success above $1,000 you will see how much and higher fees using BSC platform, just lower fees right now is trx coin but keep going up although not extremely up for trx coin.
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maydna
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April 14, 2021, 05:28:35 AM |
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If BNB can sustain in this bull run and grow BSC, BNB can have a bright future. But if that can impact the increasing fees of the transaction like ethereum, that will not be good because the project will move to the other chain. But so far, BSC can solve the transaction fees, which can help lift the price. Perhaps, in the short term, BNB can reach $1,000, and in the long term, the project will become bigger, and who knows, that can replace the ethereum position while ethereum needs to work to reduce the fee.
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TastyChillySauce00
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April 14, 2021, 05:53:08 AM |
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Even if the speed of transactions and cost of transactions kinda high it's gonna remain valuable as long as binance which is the owner of the coin remains a giant and exist. You know, the more reason why BNB could increase in value so easily because binance's services are really popular and by knowing that BNB is owned by binance they already sees it as legit and worth to be ETH competitor not to mention their BSC that has huge potential. Binance really has many ways to increase the value of BNB frankly speaking.
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Stanlo
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April 14, 2021, 05:57:02 AM |
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BSC and BNB looks like the perfect future for new projects and even old projects but I'm not 100% confused that Ethereum will just sit back and watch, I believe that BNB is taking the lead and it will be for a short period of time, once ETHEREUM gas fee is solved it's over
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0t3p0t
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April 14, 2021, 05:59:05 AM |
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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
Data may not be a measure but is always relied upon for judgment and analysis. BNB's market cap grew very quickly when BSC launched. A number of recent projects based on ETH platform are gradually converting to BSC, bringing in users and investors. Obviously the popularity of BNB is terrible. With a great reputation from Binance's growth and maturity over the years, I am confident they will improve and grow BSC continues to grow steadily in the future. Yeah no doubt about that mate as you have said other platforms are converting to BSC due to it's much lower fee. Reputation is always there for the Binance platform as well that is why users most especifically traders love to use it all the way. And based on the current situation where BSC is on trend no doubt for BNB is a good long term coin and platform but still it is the matter of competition the best will always win whatever platform its.
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Sithara007
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April 14, 2021, 06:19:19 AM |
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Agree, i think BSC will dethrone ETH in the next few years and it will be so easy for BNB to take the second place in cmc from ETH, if ETH can't fixed the fee issue damn, it will be so bad for their future.
Ethereum developers are just digging their own grave by trying delaying tactics and taking no action against the extremely high gas fee. Many of the bounty hunters can't even sell their tokens due to the high transaction fee. And the developers are completely blind to this, and they are giving the excuse that the fee will get lower after the London hard fork or by 2023 or 2024. These are just delaying tactics and they don't want to act against the high fees.
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senyorito123
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April 14, 2021, 06:45:32 AM |
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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
Data may not be a measure but is always relied upon for judgment and analysis. BNB's market cap grew very quickly when BSC launched. A number of recent projects based on ETH platform are gradually converting to BSC, bringing in users and investors. Obviously the popularity of BNB is terrible. With a great reputation from Binance's growth and maturity over the years, I am confident they will improve and grow BSC continues to grow steadily in the future. Yeah no doubt about that mate as you have said other platforms are converting to BSC due to it's much lower fee. Reputation is always there for the Binance platform as well that is why users most especifically traders love to use it all the way. And based on the current situation where BSC is on trend no doubt for BNB is a good long term coin and platform but still it is the matter of competition the best will always win whatever platform its. Correct, besides BNB is already known by many people and one of the most followed in Crypto. Seeing the standing of BNB would make me believed that it will remain valuable for a longtime. One thing also that makes people love it because of the its value that goes up. Surely this will be one of the well-known coin and demand coin in crypto market.
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Luffygroove
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Ton Together | Save Smart & Win Big
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April 14, 2021, 07:41:48 AM |
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not until ethereum fixes the issues or, there comes a new decentralized coin that has the same or more utilities than ethereum but fewer fees and faster or, bnb developed further and have more utilities than now. Some people might ignore the centralization, but some people who still held the decentralization principle will still consider this. Each project has its own demand, even fanatic fans so now it depends on each project to keep them stay or invite new adopters with their progress and plan.
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WalkerIVIV
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April 14, 2021, 08:51:23 AM |
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not until ethereum fixes the issues or, there comes a new decentralized coin that has the same or more utilities than ethereum
It will never happen and do you think it's easy to make those people will be moving to the ethereum platform again? they will never move if they were not facing a big problem with ethereum fees. So many small traders have been moving to the ethereum and they will never came back again until the tx fees will be less than $1 dollar. Even $1 is still a lot for all of them. Utility is not only the important thing
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Aubameyang
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Xircus
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April 14, 2021, 09:30:37 AM |
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not until ethereum fixes the issues or, there comes a new decentralized coin that has the same or more utilities than ethereum
It will never happen and do you think it's easy to make those people will be moving to the ethereum platform again? they will never move if they were not facing a big problem with ethereum fees. So many small traders have been moving to the ethereum and they will never came back again until the tx fees will be less than $1 dollar. Even $1 is still a lot for all of them. Utility is not only the important thing I think people will search for another platform for some reason: 1. Tx fees or cost is the cheapest among the other platforms 2. Easier way / the new platform could be simplified the transactions for user both of bnb and ethereum has their pro and cons, but I think the two of them will be valuable for a long time.
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