Bitcoin Forum
August 23, 2024, 05:34:36 PM *
News: All versions of Windows are affected by a critical security bug; make sure you update.
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: BNB burn 16th. Now BNB is worth $312. Will you buy or not?  (Read 342 times)
shogun47
Hero Member
*****
Offline Offline

Activity: 1876
Merit: 555



View Profile
July 11, 2021, 02:31:49 PM
 #61

Erm, ok, so the only issue that remains is that BNB is actually not a decentralized asset right? I have studied a bit how BNB works and what I noticed is that most investors, mostly small retail investors, think that they are holding a decentralized coin. But BNB is anything but decentralized. It is fully centralized, but benefits from the trust that Binance built over time and lives up to. Anything I am missing or understanding wrongly?

Yes, BNB is completely centralized. And it is for this reason that it will never surpass Ethereum. Although there are positive aspects to centralization,they depend on the success of the Binance exchange. It should be remembered that in case of problems with the exchange, and they will definitely come, these problems will affect the price of BNB.

Thanks man for pointing it out so sharply! It is exactly the point that differentiates Ethereum from any other "competitor". Ethereum is trying to go full stack at all costs, and everybody realizes that. That is why people pay a lot to get their hands on Ethereum.

▄▄███████████████████▄▄
▄█████████▀█████████████▄
███████████▄▐▀▄██████████
███████▀▀███████▀▀███████
██████▀███▄▄████████████
█████████▐█████████▐█████
█████████▐█████████▐█████
██████████▀███▀███▄██████
████████████████▄▄███████
███████████▄▄▄███████████
█████████████████████████
▀█████▄▄████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
p.b.winry
Member
**
Offline Offline

Activity: 252
Merit: 11


View Profile
October 21, 2021, 05:18:29 AM
 #62

I suggest delaying buying BnB coins for now. From my analysis, there is likely still a downtrend for this coin. Bitcoin like it has also reached its peak again, let's just see how deep the correction will occur. It's likely a good time to buy coins, be it BnB, Btc or Etherium.
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!