BNB burn 16th. Now BNB is worth $312. Will you buy or not?

[numanoid]

Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?

If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million

[Twinkledoe]

I am buying BNB as much as I can afford as I believe this coin has great potential over these meme tokens/coins. If btc will continue to rise a lil bit, BNB will also follow the trend. And with the upcoming burn, I believe it will have a positive impact on its price. We may not see the big rise, but definitely the burning will have an effect on its value.

[Questat]

Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?

If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million

There is nothing to wait for the result as it surely helps to increase its market value just like what happened last time.
Or even to say that we are wrong but knowing that BNB is known and one of the promising coins, I think we are still secured no matter what will happen after this event. But I was positive with the result and that is why I take some while the price is cheap.

[Rabi3]

Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?

If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million

i already have BNB in my binance account and i bought it at 280$, regardless of the upcoming event of burning, but to say that i would buy more, i don't know about that, but i don't think it's risky though, BNB right now is following bitcoin, if Bitcoin goes up, BNB will too, but the upcoming event can make a slight difference, i am looking forward for it.

[Dinda mayasi]

This morning saw BNB price in the range of 305$. Please buy more, while the price drops. Possible in the middle of July or the end there will be an increase along with the rise in the price of BTC.

[Sayeds56]

Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?

If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million

Though Market conditions are not so conducive since past 2 months for new investment but BNB is still above 300$ whereas it was around 50$ one year ago that means still 6X that signifies its usability and demand in the market. The burning of BNB worth $ 600 Million will definitely create scarcity and boost the price. I think it is time accumulate good coins including BNB which is available at 50% discount from its ATH.

[numanoid]

BNB right now is following bitcoin, if Bitcoin goes up, BNB will too, but the upcoming event can make a slight difference, i am looking forward for it.

Dude, all crypto obviously following bitcoin, doesn't matter it's good coin like BNB or ETH or shitcoin like Doge. Since bitcoin is main coin on crypto, all other crypto will be always follow it.

When bitcoin hit above $55k, binance hit more than $500. Now when bitcoin drop to $35k, binance drop too around $300.

[sulis sudibyo]

Will you buy BNB now or just wait and see because market still looking not too good?

I bought it yesterday. I'm sure the burn this time will make the price of the bnb go up again. and why wait for a better market, if we believe even bnb will go up. buy now is a very right choice.

[CutePanda]

Now is the best time if you want to buy BNB and invest your money in BNB.
The current price of BNB is still $312, I'm sure after the burn, the price of BNB can jump at least $400+, we just need to be patient for now.

[bussybuddy]

I think this news will create growth momentum for BNB in ​​the near future.
I also think that if this market gets better in the future, it is very likely that BNB will create other surprises. But anyway, I personally always rate BNB very well and deserve to be one of the top cryptos to hold.

[bakasabo]

You are discussing like something extra ordinary is going to happen after BNB burn. Anyone remember that before and after BNB burn the price went up for more that 30-50%? Not even speaking about doing x2 at least? The answer will be no. This is already a 16th burn. BNB price might grow up for 1-5%, not more. But such price growth happen almost with every Bitcoin price growth. Personally, I would not buy BNB just because there is going to be another planned burn.

[numanoid]

You are discussing like something extra ordinary is going to happen after BNB burn. Anyone remember that before and after BNB burn the price went up for more that 30-50%? Not even speaking about doing x2 at least? The answer will be no. This is already a 16th burn. BNB price might grow up for 1-5%, not more. But such price growth happen almost with every Bitcoin price growth. Personally, I would not buy BNB just because there is going to be another planned burn.

Qouted. I'm not, i just disscussing about BNB price before and after burn, where is the part i said it extraordinary would be happen with BNB on this 16th burn?
Personally too, i don't think everyone will follow your way to not buying BNB.

[velosepur]

Burn will be -planned burn, ok but that is not most important factor why should buy more BNB. All market moves and situation this year showed us bnb have potential to become stronger then ever before. People saw BNB coin strengh and this 2021 will prove it I think.

[ethereumhunter]

I already bought BNB below $300 but I want to buy more BNB if the price still not increase. I guess the price will increase and hopefully, that can break $400 after the burn. This price should be lower but we need to analyze if this price will be a good price to buy. However, you can buy directly without thinking about the fluctuating price because BNB can increase in the future. If you are worried if the price gets dump before the burn, you can buy for a small amount.

[Pierre 2]

I don't plan to buy more BNB as I have rather low amount (like 1.2 or something) but I think BNB is always good buy for future in my opinion. There are no other functional coins like BNB (besides Ethereum) on market. Its worth to buy then.

[newwest]

This morning saw BNB price in the range of 305$. Please buy more, while the price drops. Possible in the middle of July or the end there will be an increase along with the rise in the price of BTC.

BNB is always a good coin for me and any drop in price I prefer to buy little what ever suits my budget. It has definitely being one of the best investment coin where returns has being really nice in past year and also it is going to rebound once the btc gets above 40k and move upwards.

[Ararbermas]

Bnb is a good project if they will burn some of their token for a good progress then i will grab more in my portfolio immediately just to don't miss the opportunity.  Because it's common now that after burning they can obtain attention from buyers wherein reason mostly projects that burned token really improve afterwards.  So how much more on BNB? For sure its a good idea especially on this situation.

[passwordnow]

I'll wait before buying. There will be a positive impact on every single burn that they do and that's going to be accurate as the last year but it's still best to observe before buying. But for someone who's really into BNB, this is a good indication and clue already that you should buy.
And if you think that it will surpass or reach again the ATH of it, you're seeing it right now at a discount.

[Raflesia]

I'll wait before buying. There will be a positive impact on every single burn that they do and that's going to be accurate as the last year but it's still best to observe before buying. But for someone who's really into BNB, this is a good indication and clue already that you should buy.
And if you think that it will surpass or reach again the ATH of it, you're seeing it right now at a discount.

I don't know maybe this won't have a big impact if we look at normal market conditions even on a downtrend, but what I also expect after the BNB burning in mid-July wants there to be a bigger reaction about the increase but for me I will wait and see the news of what happened to other BNB holders, there might be something positive but it doesn't have an impact on the increase it could.

Even I'm not sure after burning it will go beyond ATH this is far from a possibility but an increase could go up 10% from the current price.

[RbiggerG]

Binance coin or known as BNB coin will begin their 16th token burn on this month (around mid-July 2021), last year, they have running BNB burn for 12th on July 17, 2020. Will you buy BNB now or just wait and see because market still looking not too good?

If the amount of $ burn similar with previous burn, it's mean they will burn around 2 million BNB coin worth of $600million

I still dislike that they don't announce those burns sufficiently in advance with the exact date and time. This way the Binance guys can always use these burns to their advantage or am I missing anything here? They should have a fixed schedule to give everyone in the market the same chance to make an informed decision on their own.