bL4nkcode
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April 14, 2021, 07:19:04 PM |
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As long as the exchange is running and keep the people's trust it will remain valuable, especially now that it competes ETH blockchain. We might see blockchain projects from eth shifting to BSC, well, there are some already.
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plexasm
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April 14, 2021, 07:33:42 PM |
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ETH is stuck at too high a cost and tokens issued on the ETH platform are not welcomed by investors. In contrast, BNB is doing their job well, most projects on the BSC platform are successful, especially those listed on the Binance exchange. If ETH fails to solve the problem of transaction fees they will most likely be ignored by BNB in the race.
Even if ETH fees were equal to BSC, BSC would still have a significant advantage. Binance can provide infinite incentives to motivate users to swap to BSC from ETH. ETH has no properties which cannot be effectively copied/pasted except for it's network effect. Binance has a bigger network effect.
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kak uli
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April 14, 2021, 08:04:59 PM |
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Maybe one of the reasons why the price of BNB has skyrocketed right now, of course, is because Binance Smartchain is currently addressing the biggest problem that most cryptocurrency users have. Besides having a great developer, BNB is also in demand by many people who want a solution from the technology owned by BNB, that's why BNB will forever be the best in the cryptocurrency space
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milani
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April 14, 2021, 08:08:22 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, you are quite right that BSC, BNB give to people really faster and cheaper process for transactions. That is why comparing with ERC20 lots of projects started prefering BNB or BSC and their Blockchain instead of the Ethereum one. Of course these advantages look more preferable for investors. Will see what will be in future. But I am sure that Binance will do the best in order to keep the competitiveness. Will the conditions that they give nowadays will be the same or not will see.
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darewaller
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April 14, 2021, 09:14:50 PM |
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As long as the exchange is running and keep the people's trust it will remain valuable, especially now that it competes ETH blockchain. We might see blockchain projects from eth shifting to BSC, well, there are some already.
There are many projects are adopting BSC by leaving off ethereum because of high transaction fee problems. When there would be a need of cheaper transactions and effective platform for dapps then binance may remain valuable forever. At the same time we cannot assure about attaining a stable price level in any near future. Like many people are mentioning, BNB might be imitating the price fluctuating pattern of ETH. This way some experts are speculating about it will be reaching $1000 mark by end of this year. So, at least for near future it will remain valuable and profitable as well.
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CaVO32
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April 14, 2021, 09:26:30 PM |
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As long as the exchange is running and keep the people's trust it will remain valuable, especially now that it competes ETH blockchain. We might see blockchain projects from eth shifting to BSC, well, there are some already.
There are many projects are adopting BSC by leaving off ethereum because of high transaction fee problems. When there would be a need of cheaper transactions and effective platform for dapps then binance may remain valuable forever. At the same time we cannot assure about attaining a stable price level in any near future. Like many people are mentioning, BNB might be imitating the price fluctuating pattern of ETH. This way some experts are speculating about it will be reaching $1000 mark by end of this year. So, at least for near future it will remain valuable and profitable as well. I won't say they will remain valuable forever as there will be new technology that may surpass what they are offering in the future. But for now, what they have is very favorable to a lot of users as well as developers. I believe this change of heart among crypto users from eth to bsc has already reached the eth team. So more than likely, once they unveil their berlin hard fork, there may be improvements in eth network. Interesting to see what advances they will make this time. They need to gain again the interest of crypto users on their platform.
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RealMalatesta
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April 14, 2021, 09:27:47 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
The great part that people miss is the fact that they are always hip with whatever is going on. When they first started, they started with BNB and allowed people to trade cheaper with BNB, creating a demand for it, they started with affiliate so you can invite people and be basically partners with them on the profits made. Then IEO became more famous, so they did that, people liked it and used that, billions were made that way. Then DEX became a thing and they started their own, listed many defi projects, then DeFi became a thing and they promoted their BSC and now we are at that stage, they are making money from that part. Tomorrow there will be something else that is famous which all crypto market uses, and they will get into that, and they are never late neither, they have amazing developers who build things very quickly. So BNB will always worth a lot, no matter which direction crypto community goes.
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Danslip
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April 14, 2021, 09:47:59 PM |
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I completely agree with you and I think that the BNB will continue to accumulate value and more and more people will turn to it and invest for this reason, even if they do not use it for transactions in the Binans ecosystem. Binance Coin is a exelent oportunity.
l think also that BNB will keep getting up and there is really a lot of opportunity for us. Overall this year would be better for some altcoins than other years. That is why including BNB and also other currencies have reached their own ATH and it seems it will not stop. BNB has always been valuable for long-term investment, for that l think we can make a good profit from this coin in the future.
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█▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . Stake.com | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . PLAY NOW | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
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kevindjunaidi
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April 14, 2021, 10:33:34 PM |
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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) I am sure your target will be achieved, but I think if the price of BNB reaches $2000 this year, then it will be difficult, because the distance is too far, but I am sure if the price of BNB will reach at least $1000 this year and I hope the market cap continues to increase, then the price of cryptocurrency will definitely increase very high (bull run), so that your target can be achieved this year (BNB price reaches $2000).
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Vaculin
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April 14, 2021, 10:43:22 PM |
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ETH is stuck at too high a cost and tokens issued on the ETH platform are not welcomed by investors. In contrast, BNB is doing their job well, most projects on the BSC platform are successful, especially those listed on the Binance exchange. If ETH fails to solve the problem of transaction fees they will most likely be ignored by BNB in the race.
Which is it gives away for BNB to increase its market demand and it continue to rally until now (even in the future) as the issues in regards to ETH high fees not yet resolved. Maybe I was wrong but it is possible that BNB will dethrone ETH if the situation will continue. Currently, BNB is at $539, that was a proof that BNB is not only in hypes but the market demand pushing its price to move almost every day.
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Oilacris
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April 14, 2021, 10:52:00 PM |
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ETH is stuck at too high a cost and tokens issued on the ETH platform are not welcomed by investors. In contrast, BNB is doing their job well, most projects on the BSC platform are successful, especially those listed on the Binance exchange. If ETH fails to solve the problem of transaction fees they will most likely be ignored by BNB in the race.
Which is it gives away for BNB to increase its market demand and it continue to rally until now (even in the future) as the issues in regards to ETH high fees not yet resolved. Maybe I was wrong but it is possible that BNB will dethrone ETH if the situation will continue. Currently, BNB is at $539, that was a proof that BNB is not only in hypes but the market demand pushing its price to move almost every day. This isnt some sort of hype because BNB can really show off some real utility which other coins in the market cant really able to give specially now that fees are rising up ridiculously high compared to others which did really spark out more interest not just its been dragged off with binance's current popularity but rather it did really spark out into its actual usage which i dont see anything wrong or make out criticisms on that and bit sure that it would really be a valuable thing for a long time thats if there are no possible problems that would arise soon.
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kpierce77
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April 14, 2021, 10:52:40 PM |
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As long as the exchange is running and keep the people's trust it will remain valuable, especially now that it competes ETH blockchain. We might see blockchain projects from eth shifting to BSC, well, there are some already.
There are many projects are adopting BSC by leaving off ethereum because of high transaction fee problems. When there would be a need of cheaper transactions and effective platform for dapps then binance may remain valuable forever. At the same time we cannot assure about attaining a stable price level in any near future. Like many people are mentioning, BNB might be imitating the price fluctuating pattern of ETH. This way some experts are speculating about it will be reaching $1000 mark by end of this year. So, at least for near future it will remain valuable and profitable as well. I won't say they will remain valuable forever as there will be new technology that may surpass what they are offering in the future. But for now, what they have is very favorable to a lot of users as well as developers. I believe this change of heart among crypto users from eth to bsc has already reached the eth team. So more than likely, once they unveil their berlin hard fork, there may be improvements in eth network. Interesting to see what advances they will make this time. They need to gain again the interest of crypto users on their platform. New technology won't be as easy as turning your palm. I'm also sure there will be new innovations but not in the near future. The problem that Ethereum faces today is quite complex and BNB is able to come up with a better solution. I don't think that ethereum has lost the competition, but if we look at some of the projects with an almost identical product like polkadot, they can't even come close to the current BNB level.
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coin-investor
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April 14, 2021, 10:54:22 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
One of the thing that will keep it valuable is the burning of its token they have promised that they are doing and will continue doing that I expect Binance to set a huge milestone this year by setting up a record high of $1000 or more in their all-time high, one of the gambling sites that I'm playing has added Binance Coin and who knows many more gambling sites will do the same.
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Republikcoin.com
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April 14, 2021, 11:26:06 PM |
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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
Binance better understands the markets they target. We know that the current condition of the blockchain network, especially transaction fees on Ethereum and Bitcoin, makes the activities of most people uncomfortable. The public needs a more convenient blockchain network, they will only consider the platform as decentralized or not if the comfortable conditions are met and they have other platform options to choose from. For now, BSC is still superior in terms of convenience, we have to wait for ETH 2.0 to launch so that the public can get a comparison to be able to choose between a decentralized platform and a centralized platform.
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adekogbe (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 14, 2021, 11:35:49 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. Sincerely the binance chain is a game-changer in the cryptocurrency ecosystem because it has the usability of the ethereum blockchain what is without the baggage of high transaction fees and slows transactions also considering the fact that it is a binance project which has proven to be a big company in the crypto world I think this is only just beginning of binance dominating this cryptocurrency space and there's still a lot to come
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xiboothrezi
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April 14, 2021, 11:56:17 PM |
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One of the interesting things about BNB is that there is a periodic token burn, this makes it scarce due to a reduced supply so that an increase in value will be seen. that is why we can see a "healthy" price development, correction is often a natural thing, it can be used to fill more bags. The potential for BNB is still quite large, entering at the right time, for example during a correction and then waiting for the right timing to sell, this is not an investment suggestion and please always be careful.
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Rabi3
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2021, 12:16:13 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
Binance is the biggest crypto exchange right now, a lot of celebs and famous people use Binance for their crypto investments, this helped really well their smartchain, it's getting a lot of attention now, and a lot of new projects prefer it over ethereum, BNB token skyrocketed in a couple of months and it won't be a surprise to see it surpasses ETH marketcap.
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Shasha80
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April 15, 2021, 12:42:24 AM |
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I also agree BNB will remain valuable and will last a long time, because it is very serious how the BNB team developers do everything they can to make BNB more acceptable to investors. BNB is starting to fulfill what investors need one by one, so it's no wonder its performance has been extraordinary this year. Where Ethereum as a rival to BNB is having problems with high transaction fees, while BNB with BSC solve these problems by providing relatively cheap costs. So the demand for BNB has greatly increased this year, In fact, this week BNB managed to increase by 47%. This is something that may be difficult for other coins to do.
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SaShiRaJaVu
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2021, 01:00:22 AM |
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As long as the exchange is running and keep the people's trust it will remain valuable, especially now that it competes ETH blockchain. We might see blockchain projects from eth shifting to BSC, well, there are some already.
The projects are already shifting to BSC chain and then there is the advertising skills of CZ and ETH is giving them the opportunity to grow because their promises of change is taking a much longer time and people are tired of giving bigger transaction charges. We have no idea when the upgrades in ETH 2.0 will show in the network and the Binance chain is gaining traction among the developers and the support of the exchange with a huge bank roll will attract the investors as well and hence BNB will continue its ride.
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inanilujimi
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 15, 2021, 06:53:02 AM |
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that's how great Binance is able to see opportunities and make it an advantage by easing other people's problems, they almost every year continue to innovate to create something that is much better than before, so it's not wrong that currently Binance is ranked 3 cmc. it's not impossible that ETH's position can be shifted in the future.
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