Abiky (OP)
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April 30, 2021, 07:45:10 PM |
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Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future? What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Cappex
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April 30, 2021, 07:46:57 PM |
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Anything is possible, the enthusiasm behind BNB is really huge especially as ethereum 2.0 is lagging behind and could reach 1k usd at its peak. I think Ethereum will remain the most popular in the long run.
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blockman
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April 30, 2021, 07:48:46 PM |
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Yes it can and very much sustainable. There's no question if BNB has the possibility of reaching $1k anytime soon. It will break its next ATH soon @ $700. Anything is possible, the enthusiasm behind BNB is really huge especially as ethereum 2.0 is lagging behind and could reach 1k usd at its peak. I think Ethereum will remain the most popular in the long run.
Both of them will have their own throne but yeah, it's still going to be Ethereum that will be the 2nd at the top. But, they're still close on their ranks.
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Coyster
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April 30, 2021, 08:45:34 PM |
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$620, which is what BNB is atm is pretty close to $1k, thus I believe Binance coin will get to that price in the coming months, Altcoins generally have been doing pretty well in the past couple of weeks, even at the time when Bitcoin wasn't doing so well, if Altcoins continue to pump, then BNB can appreciate as high as Investors least expected it to.
Having said that, it's all about how well BNB can sustain this spike, and if it can last for the long term, the next 5 years and more is enough for BNB to develop their network if they want to stay relevant to investors in the long run, but if not, they'll prolly dump and be forgotten in the coming years.
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samcrypto
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April 30, 2021, 09:06:35 PM |
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Anything is possible, the enthusiasm behind BNB is really huge especially as ethereum 2.0 is lagging behind and could reach 1k usd at its peak. I think Ethereum will remain the most popular in the long run.
ETH looks like its bouncing back since the fees already goes back to normal. BNB is so close to reach that level and the altcoin season is still in the market that can help BNB to achieve its new all time high at the level of $1k. Beside, BNB continues to grow and the big development recently was burning the huge supply of BNB which the effect of it can be seen in the coming days. CZ is also confident with BNB, holding some of this coin is a must nowadays.
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wheelz1200
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April 30, 2021, 09:10:07 PM |
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Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future? What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 5-10 years from now is way too far away. Most likely even happening is that another coin or technology will come along and surpass bnb and eth and most of these other coins. Enough bear events during that time will scare everyone off and go to the next best coin. Too much speculation in alts as most don't hold for too long. A new flavor will come along and push these curre.t coins down the ladder eventually
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Dexion
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April 30, 2021, 09:10:17 PM |
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As I write this, BNB is at $ 621.37 and I think it will continue to charge the new ATH of $ 700 seeing the number of switches moving away from the ETH network, to snatch ETH's 2nd place, BNB still needs to work hard, especially if ETH2.0 has actually been implemented for sure there will be a surge in ETH.
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totaleclipseofthebank
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April 30, 2021, 09:14:00 PM |
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Binance coin is capable to increase to $1k. The network is awesome with better sustainability, faster speed and stronger blockchain because it is built from the ether prototype. Right now, there are so many swap on BSC which supported multiple projects such as pancakswap, bakeryswap and apeswap. Ethereum needs more improvement in order to get back its reputation. Tokens are migrated everyday from ether network.
I see a good future in BNB. You will not lose in this investment
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teosanru
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April 30, 2021, 09:30:47 PM |
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Talking only about BNB on a technical Analysis Front. Here is my analysis. BNB just made an ascending triangle on the 4h chart and gave a good breakout candle too with taking back support on the earlier resistance. Now, all we need is volume to reach 800 as per this prediction. Here is the chart: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F6X6IVLy.png&t=665&c=Y6lA_OQ0wwWc4w) Even though it looks huge price movement but I think it can be certainly possible as we remain in a bullish market while we reach the next BNB coin burn. ~snip
What's your prediction of BNB's price 5-10 years from now?
snip~
Seriously? 5-10 years? You are buying BNB for such a long horizon? As far as I know, BNB has no utility it's value just comes from the great exchange but on a 5-10 year horizon Binance will continue to remain the greatest exchange is something quite questionable. So you should rather look for slightly shorter-term instead.
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DaMut
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April 30, 2021, 09:32:06 PM |
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Binance coin is capable to increase to $1k. The network is awesome with better sustainability, faster speed and stronger blockchain because it is built from the ether prototype. Right now, there are so many swap on BSC which supported multiple projects such as pancakswap, bakeryswap and apeswap. Ethereum needs more improvement in order to get back its reputation. Tokens are migrated everyday from ether network.
I see a good future in BNB. You will not lose in this investment
I would not say it as awesome since a lot of back log happened with its network in these past few days, but it is definitely better compared to Ethereum in term of usability since it is cheap and fast enough to make transaction. its current sentiment is good which I believe it will lead Bnb to another Ath and possibly reach $1000 in the future. the premise is the market remains the same and nothing happened with Binance exchange.
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seleme
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April 30, 2021, 09:45:03 PM Last edit: May 03, 2021, 10:44:35 PM by seleme |
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Everything is possible in the crypto world, and BNB can reach 1k and it seems it will happen shortly. Because BNB has already reached its ATH price and l think BNB reach this price in the next months. If the price of BTC will start growing up, BNB reaches this price easier than expected. BNB is the third crypto after ETH for me, but ETH has only one bad advantage such as high transaction fee, and most investors prefer investing in BNB for this reason. Seriously? 5-10 years? You are buying BNB for such a long horizon? As far as I know, BNB has no utility it's value just comes from the great exchange but on a 5-10 year horizon Binance will continue to remain the greatest exchange is something quite questionable. So you should rather look for slightly shorter-term instead.
IMHO, it is better to focus on long-term gains since the price is still going to touch $1000 in the short-term period. After investing in the ETH, the next altcoin should be BNB since Binance is an unbeatable crypto exchange around the world if we check the total daily turnover/transaction volume. The long-term goals can chosen from other exchange altcoins, Gate.IO or Kucoin shares looks like sweet investment, IMHO.
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makishart
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April 30, 2021, 09:46:22 PM |
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what's stopping it from reaching $1k in the future?
There's no thing that can stop binance to achieve 1k in the future except bitcoin bearish trend. BNB can even sustain from the dump as well. What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I do believe BNB can reach such rate easily consider this coin has so many usability and that makes the price of BNB sustainable. I do believe each BNB coin will be more than 2k dollar and it will have the same rate like ethereum.
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BChydro
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April 30, 2021, 09:52:44 PM |
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What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What is think is that BNB is a good investment for the short term and you might even see the price reaching the thousand dollars but there are some fundamental issues everyone is ignoring in the BSC protocol which makes me believe that it will not last in the long run. In the short run make the money and get off the BNB market and do not expect the price to hold for the long haul as the problems with ETH will not last forever.
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crzy
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April 30, 2021, 09:58:22 PM |
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What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) BNB will reach that price level especially if the market goes to another up trend but don’t expect to reach the top easily without having any corrections. In the next 5-10 years with BNB is still unsure, we must know the cycle that happens every 4 years in cryptomarket. BNB is the best crypto exchange and it prove many things already in the market, I believe on the team of BNB and I know they are still working for more updates, BNB is way better compare to most of the cryptos.
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boty
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April 30, 2021, 09:59:40 PM |
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Everything is possible in the crypto world, and BNB can reach 1k and it seems it will happen shortly. Because BNB has already reached its ATH price and l think BNB reach this price in the next months. If the price of BTC will start growing up, BNB reaches this price easier than expected. BNB is the third crypto after ETH for me, but ETH has only one bad advantage such as high transaction fee, and most investors prefer investing in BNB for this reason.
day by day binance coin price increase massively, holder and traders like this coin due its utility and fundamental. many people thinking this is the most complete fundamental in market, they have great team especially CEO and also have great utility in their ecosystem. so no one wonder some day its price will compete with eth closely.
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imran101
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April 30, 2021, 10:07:35 PM |
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Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future? What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The BnB project is a very powerful project. This project has been the idea of everyone for a long time and it has the potential to present itself as a much bigger project in the future. In the future, everyone is much more optimistic that this project will go much higher. So what you said is more likely to cost more than 1k. Wait to see if that is true.
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seleme
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April 30, 2021, 10:14:30 PM |
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Everything is possible in the crypto world, and BNB can reach 1k and it seems it will happen shortly. Because BNB has already reached its ATH price and l think BNB reach this price in the next months. If the price of BTC will start growing up, BNB reaches this price easier than expected. BNB is the third crypto after ETH for me, but ETH has only one bad advantage such as high transaction fee, and most investors prefer investing in BNB for this reason.
day by day binance coin price increase massively, holder and traders like this coin due its utility and fundamental. many people thinking this is the most complete fundamental in market, they have great team especially CEO and also have great utility in their ecosystem. so no one wonder some day its price will compete with eth closely. Yes right none wonder someday its price will compete with eth closely, BNB coin is making great movement due to its utility and fundamental, no doubt this is making BNB the best. But Overall as l said ETH and BNB are my favorite coins, for me, there is only one opponent to BNB. If there will not be any change in the transaction fee of ETH, people will be more interested in BNB and as you know it affects great BNB prices. In this situation, BNB will reach this goal easily.
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viananda2525
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April 30, 2021, 10:18:42 PM |
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bnb will to $1000, let see the reason behind of binance : - well CEO which is very active in his social media account -have great team that always deliver good product -binance ecosystem growth alot since bsc launched -bnb utility that used for participate in program that launched in launch pad -token burning regularly , it will bring value for existing coin.
is that reason not enough for binance price at $1000 ?
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zasad@
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April 30, 2021, 10:36:36 PM |
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How much will BNB be worth if Binance is attacked by hackers or lawsuits from regulators? Funds are transferred to Binance chain through the Binance Exchange or Binance Bridge. The price of BNB depends entirely on the policies of the exchange management and their capabilities. And if they quarrel with someone?
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Bilgent
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April 30, 2021, 10:42:06 PM |
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BNB to reach $1k this year is very probable I think. It is in a bull market still and very close reach a new ATH. Some people say that BNB is the next Ethereum. But I don't think there is such goal for BNB in the future. But I think it has a really bright future.
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