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May 09, 2021, 10:19:47 AM |
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Ethereum has skyrocketed and hit the price of $ 3900 from the original price of $ 600, which means that Ethereum enthusiasts are still very high. The existence of Binance could be a serious threat to the Ethereum platform if there is no further development of the business model being adopted by Ethereum. Binance's movement is very dynamic, so Ethereum has to forcibly hasten developments which are the pivotal points of the product.
The price of $ 1k for 1 BNB is the normal price that must apply in the market, we all know what the function of this coin is for and how important it is
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Shasha80
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May 09, 2021, 11:28:31 AM |
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So holding BNB is the best thing we have to do right now, my advice is not to rush to sell our BNB. We have to be patient until the target of $ 1000 can be achieved, hopefully by the end of this year BNB can reach the price of $ 1000. There is nothing wrong the holding the coin as long as the market is in the bull run, i wonder what would be the price once the market starts its correction. I am expecting a huge fall in price and i wont be surprised if the valuation goes below $50 as well because the rally happened recently and anything can happen when the market is falling like we saw in ETH during the last correction. It is very good if holding BNB when the market is in a bullish trend, because BNB prices will continue to rise. But if there is a correction, I don't agree that BNB can drop below the $ 50 price tag. Because BNB is now different from BNB several years before. Currently, BNB provides a lot of benefits to its holders. One of them is the BSC which can provide an alternative that has much cheaper transaction fees than the Ethereum platform. So there are a lot of things that make BNB's fundamentals really strong, like Ethereum. So the BNB price if it undergoes a correction it will not go down too deeply.
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Vishnu.Reang
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May 09, 2021, 12:49:14 PM |
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BNB market cap has hit $100 billion for the first time. Logic doesn't work in the cryptocurrency market anymore and we have entered the bubble zone. Now we have too many altcoins valued at anywhere from 2x to 100x of their fair value. At this point, I would say that the only safe coin for investment seems to be Bitcoin. And the sad thing is that once the altcoin bubble bursts, it is going to negatively impact the Bitcoin prices as well. And there are hints already showing up. Today the Dogecoin prices have fallen by around 40%.
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kak uli
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May 09, 2021, 10:35:05 PM |
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It surely will. More and more projects are seeing the potential of Binance fast transactions and adopting to it. We are seeing a top tier project and probably would surpass ETH. Another factor is its transaction fees where it's 50x less fees than Eth's network.
there is no doubt if that is what many projects will do, for now there have been a lot of projects that have adopted binance, now I see many projects that have been launched on average they work with binance and put aside erc 20 or ethereum, I think this is because many the advantages that Binance has so it is interested to do so.
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john1010
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May 10, 2021, 06:09:37 AM |
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BNB is one of the hottest coin today, for me, it is possible for this coin to climb 1k usd within this year or less, because BNB are vastly use in different platform like NFT and Yield Farming, many trader like to use BNB because of its low transaction fee.
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Taufik blackspade team
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May 10, 2021, 08:53:56 AM |
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Quite possible given the popularity of pursuing ETH, and with the cheap transfer fees
BNB has provided quite a number of benefits to investors and of course it is an advantage compared to other coins. The current evidence of the BNB provides evidence that it is a very good coin to invest in, whether for the long term or the short term. Sooner or later the BNB price is bound to hit $ 1k.
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Beparanf
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May 10, 2021, 12:06:28 PM |
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Sooner or later it will happen, we are in a bull market situation so all the coins will increase alternately / simultaneously and also BNB is one of the favorite coins and has a good track in the long run. So according to my prediction this year the bnb will reach 1000 $.
It will even surpass that 1000$ goal when more token burn come. Lots of traders are using now Binance which the transaction fee profit is increasing exponentially. BNB token burn depends on the profit of the exchange and this token burns gives a huge impact on the token price so the price growth in the future is limitless until the supply will almost depleted.
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revilo
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May 13, 2021, 03:50:57 PM |
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Sooner or later it will happen, we are in a bull market situation so all the coins will increase alternately / simultaneously and also BNB is one of the favorite coins and has a good track in the long run. So according to my prediction this year the bnb will reach 1000 $.
It will even surpass that 1000$ goal when more token burn come. Lots of traders are using now Binance which the transaction fee profit is increasing exponentially. BNB token burn depends on the profit of the exchange and this token burns gives a huge impact on the token price so the price growth in the future is limitless until the supply will almost depleted. It can even surpass $1000 when Bitcoin falls because the only thing that Binance worries about, or let us say what they care most about is trading volume and fees. They like when the market is volatile like yesterday.
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Abiky (OP)
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May 13, 2021, 05:37:35 PM |
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BNB market cap has hit $100 billion for the first time. Logic doesn't work in the cryptocurrency market anymore and we have entered the bubble zone. Now we have too many altcoins valued at anywhere from 2x to 100x of their fair value. At this point, I would say that the only safe coin for investment seems to be Bitcoin. And the sad thing is that once the altcoin bubble bursts, it is going to negatively impact the Bitcoin prices as well. And there are hints already showing up. Today the Dogecoin prices have fallen by around 40%.
The altcoin market is indeed in a bubble. The real question is: When will it pop? There's a lot of hype into crypto right now, triggered by the negative effects of COVID-19 on the mainstream economy. I have a feeling that once we're back to normal, crypto will experience a market correction. This means a massive decline in price for both Bitcoin and altcoins alike. Whenever BNB will reach $1k this year or after, it's yet to be seen. I guess that BNB cryptocurrency will go higher in price as Binance burns tokens on the Blockchain. $1k per coin is just the tip of the iceberg as the best is yet to come. It doesn't matter how much a cryptocurrency is worth as long as you're able to profit from a bull market. By "sticking" to the rule of buying low and selling high, you can achieve piece of mind. $1k or not, it seems to me that BNB will be here to stay for a very long time. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ILuckyGuyI
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May 13, 2021, 06:10:20 PM |
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After Elon Musk's statements about Bitcoin payment method, the market has been affected in a bad way generally. BNB is now 570 dollars. But I won't change my mind about BNB will be reaching 1k dollars in this year. I believe the market will recover in a short time again.
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Ghondronk
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May 13, 2021, 06:22:27 PM |
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As being the coin of the most prominent crypto exchange in the world, BNB has shown the signs of growing stronger in the recent past. But compared to the recent growth of Ethereum, we did not see a comparatively high growth in last few days. Anyway, we can expect it to reach 1k, probably in June, once the NFT market is open.
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muksal
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May 13, 2021, 07:31:14 PM |
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I am very bullish about BNB and I believe BNB will hit 1k very soon. People are talking if ETH gas fee down BNB price will be down.but I don't think so.
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apityeh71
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May 19, 2021, 04:04:26 AM |
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BNB/BSC is the most famous Ethereum competitor's because BSC solved the high transaction fee of the smart contract platform, and the current circulating market cap of Binance is smaller than ETH, about 1/5 than ETH. So BNB have big chance to go above $1k even 2k in the long run.
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poldanmig
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May 19, 2021, 04:11:10 AM |
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I am very bullish about BNB and I believe BNB will hit 1k very soon. People are talking if ETH gas fee down BNB price will be down.but I don't think so.
Ethereum transaction fees depend on ethereum prices as well as many transactions on the ERC-20 network. However, actually it has decreased, but because indeed now the number of transactions is making it back up. if your comparison is the actual transaction fee is wrong. BNB still has potential in the future if the BNB ecosystem has solid tokens unlike today, most of which have the potential to be a scam
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raes
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May 19, 2021, 04:16:51 AM |
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BNB/BSC is the most famous Ethereum competitor's because BSC solved the high transaction fee of the smart contract platform, and the current circulating market cap of Binance is smaller than ETH, about 1/5 than ETH. So BNB have big chance to go above $1k even 2k in the long run.
yes, it will see in the long term. because currently the market has started to correct and BNB's ability to be much higher in the short term is likely to diminish. but with the coin burning program that the developer has planned in a certain time it will make BNB even bigger in the future.
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sumant
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May 19, 2021, 04:35:26 AM |
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On any network if transfer cost is low saves money to community or traders will always grow in this market. BNB has been a giant coin of this cryptocurrencies history. With the increasing fees of eth where everyone has to give a big fees in eth transaction BNB has make this time favorable with both hands. I am looking a time when BNB will be higher in price then ETH.
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OgNasty
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May 19, 2021, 05:17:13 AM |
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BNB has a great user experience if you don’t mind the centralized aspect. When you compare fees and speed with Ethereum it isn’t even really comparable. Adding in finance using BNB For their users to pay fees and it seems like a pretty good investment to me. However, it has been taking a beating lately in the price department and it’s rise before that has a lot of people taking profits but I think the future could still be bright.
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Pamadar
Legendary
Offline
Activity: 2982
Merit: 1028
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May 19, 2021, 06:12:49 AM |
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I am very bullish about BNB and I believe BNB will hit 1k very soon. People are talking if ETH gas fee down BNB price will be down.but I don't think so.
Ethereum transaction fees depend on ethereum prices as well as many transactions on the ERC-20 network. However, actually it has decreased, but because indeed now the number of transactions is making it back up. if your comparison is the actual transaction fee is wrong. BNB still has potential in the future if the BNB ecosystem has solid tokens unlike today, most of which have the potential to be a scam There's no doubt that future of this coin is high, with BSC the chance of gaining more interest is expected. For sure the competitions among those top alts are really tough most of them trying to keep nearing the distance and with how BNB is moving as of now they already take the third spot, currently sideways are happening good chance for BNB beleivers and newcomers to buy more assets and hold til it reached $1k mark.
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Dexion
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May 19, 2021, 06:41:56 AM |
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Quite possible given the popularity of pursuing ETH, and with the cheap transfer fees
BNB has provided quite a number of benefits to investors and of course it is an advantage compared to other coins. The current evidence of the BNB provides evidence that it is a very good coin to invest in, whether for the long term or the short term. Sooner or later the BNB price is bound to hit $ 1k. It looks like it will take a while to get to $ 1k because currently BNB is still at a vulnerable $ 500, but it does not rule out the possibility for BNB to grow to $ 1k because this coin has very good growth potential, and there are still many Binance projects emerging.
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wallet4bitcoin
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May 19, 2021, 07:54:00 AM |
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Maybe it will take some time. But, BNB will go to $1000 in future. Demand of BNB still increase for binance exchange and binace smart chain. Many DeFi project still choosing BSC platform. By onsidering everything, It’s very normal to hit $1000 for BNB. And i think it will happen.
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