usernameyaya (OP)
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September 03, 2021, 02:18:36 AM |
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Will BNB be worth $1,000? The value of BTC and ETH is determined by consensus. The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
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MoneyJ
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September 03, 2021, 02:22:51 AM |
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The answer to this is affirmative. But this will not happen sooner. It is just a matter of implementing DeFi and other dApps which can affect different platforms whether its performance or gas fee. By the time every finance do in a blockchain, that is where the moment the price will reach towards $1000 or beyond.
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cryptoaddictchie
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September 03, 2021, 02:57:51 AM |
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The answer to this is affirmative. But this will not happen sooner. It is just a matter of implementing DeFi and other dApps which can affect different platforms whether its performance or gas fee. By the time every finance do in a blockchain, that is where the moment the price will reach towards $1000 or beyond.
Affirmative huh. Thats sounds so confident. I am also a fan of Binance exchange, but reaching 1k usd price would let them advance so high, not sure if this will occur anytime soon as they being bombard with a lots of policy issue and CZ probably now are stressing out. Anyway, still using binance since its the perfect platform gauge for my usage.
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gwdf1
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September 03, 2021, 03:46:07 AM |
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Personally I am optimistic about BNB. According to some analytics, it is likely to reach 700-800$ till the end of this year. And then it is likely to cost even more than 2000$. As long as the launch date of Ethereum 2.0. is being delayed, people are more and more interested in Binance Smart chaing. Positive factor that has an impact on prediction of BNB is regular announcements about partnership of Binance with other crypto platforms.
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danglongbtc
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September 03, 2021, 04:10:10 AM |
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I am assured of that - but it will take time. Instead of going with an asset which already has been exponentially grown, I would prefer picking up the similar potential asset. For example, $FTT. Because BNB will be ~2x from what it is at now but potential assets have large room to grow.
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CaptainCrapper
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September 03, 2021, 04:29:06 AM |
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Will BNB be worth $1,000? The value of BTC and ETH is determined by consensus. The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
At present, BNB is too less of transaction fee where is ETH is failed this matter so lots of new projects are coming by BSC network so BNB will go good position there is no doubt. just time of matter we can say Binance is good to exchange so BNB can go any time 1000$ or more it's just the time of matter.
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darahjuang
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September 03, 2021, 05:44:46 AM |
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Profitably BNB is inseparable from Binance. That won't happen in my opinion. The price of BNB is not difficult to reach $1,000 in the crypto market. This belief can be seen from the development and journey of BNB in the cryptocurrency space. The daily BNB requests and transactions are in extraordinary numbers, that's not including projects that use the BNB network.
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RokokGudangGaram
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September 03, 2021, 05:54:17 AM |
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Anything can happen, if I could remember the BNB is just around $50 when I saw it the last time and now it's around $400-$500 with a lot of projects that's being develop in BSC and the cheap fee. There's no reason it wouldn't reach $1000 but I think it needs more time before it reaches $1000 or more but in my opinion I really do think that it will reach $1000 in no time.
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TheUltraElite
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September 03, 2021, 06:00:51 AM |
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Will BNB be worth $1,000? Why dont you build a time machine and find out yourself? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The value of BTC and ETH is determined by consensus. Makes sense to invest your money in them - does it not? The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think? If they go public, the price will rise in the long term. In the short term it may drop but not the long term. You have to understand the politics here. The advisors of Binance dont want their product to lose value, so they will buy into it. But for how long it is not known, so if you buy make sure to sell after a short holding. Dont keep them for the long term because that is not feasible for a worthy profit. Unlike bitcoin though, these coins are fueled by influence and that my friend, is a thing that is temporary.
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Pelana vreo
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September 03, 2021, 06:54:02 AM |
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Will BNB be worth $1,000? The value of BTC and ETH is determined by consensus. The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
Of course we can, we don't know how much the supply of BNB is after burning, because the team does it every 3 months, I believe BNB can reach $1k but it requires several stages, such as many projects that use BSC and the team continues to burn until the amount of supply they specify reduce.
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traderethereum
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September 03, 2021, 07:36:18 AM |
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Anything can happen, if I could remember the BNB is just around $50 when I saw it the last time and now it's around $400-$500 with a lot of projects that's being develop in BSC and the cheap fee. There's no reason it wouldn't reach $1000 but I think it needs more time before it reaches $1000 or more but in my opinion I really do think that it will reach $1000 in no time.
I remember that time when BNB in that price but unfortunately, I do not buy a lot of BNB instead just buying for some BNB. That is the best moment, but many of us do not realize that and choose the other coins. And now, when the price is more than $400, we regret that moment but fortunately, I still have some BNB. If the price really touches $1,000, I will be happy to sell to withdraw the profit. Many people believe BNB can reach $1,000 but we do not know when the price can increase to that price. The barrier to break $500 is big and it will need time to break it.
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Kelvinid
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September 03, 2021, 07:54:49 AM |
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Will BNB be worth $1,000?
I'm not thinking this becomes impossible as we can see that BNB has gained market respect and really increasing its demand. This will be the thing to consider that we can see it happens in the future. Maybe 2-3 years from now. The value of BTC and ETH is determined by consensus. The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
BNB is one project that helps this exchange been known to the public and it actually helps to gain interest. I'm not 100% sure but I believe that BNB price will never fall but instead it goes high and behaving the same with BTC and ETH.
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GreatArkansas
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September 03, 2021, 08:29:56 AM |
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With these kinds of numbers for altcoins, especially BNB. They always answer for this is "depends on Bitcoin" We all know that Bitcoin is the highest market cap and I believe MOST of the altcoins are following Bitcoin.
I am not saying bnb will not able to reach that, but let's be realistic and if ever $bnb will reach that, I think Bitcoin may reach around $100,000+ and it takes time for sure.
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Reid
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September 03, 2021, 08:37:23 AM |
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It can but time will tell. Being a pioneer who made trading cheaper using their own coins made them climb the ladder at such a fast pace. Most trading platforms are trying to copy this now but it's not as good as how Binance made it possible. Now they added a chain that offers cheap and fast transactions which are widely used by crypto projects and even the NFT thing. So yes, it could boost their value more and with success, it could go way beyond $1000.
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trauchot
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September 03, 2021, 08:44:13 AM |
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Of course, the time will come for the price of BNB to rise to 1k$ and even higher, since recently a lot of big players have been investing in BNB and they are doing this in order to start pumping BNB again in the future, and also Binance exchange itself is the most popular crypto exchange in all over the world and Binance CEO is constantly trying to develop BNB as quickly and efficiently as possible, BSC is also becoming more and more popular and thus, due to this, the price of BNB is also growing and more and more people are starting to invest in BNB, so the time will come when BNB will reach incredible heights.
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Teknisi88
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September 03, 2021, 09:05:31 AM |
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Will BNB be worth $1,000? The value of BTC and ETH is determined by consensus. The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
I believe this has the potential to happen. Moreover, Binance has a policy of purchasing 100 million BNB tokens on the market and then burning it. This means that the total BNB tokens that are almost 200 million will be reduced by half. With reduced supply but still increasing demand, the price of BNB will automatically increase.
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yazher
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September 03, 2021, 09:15:41 AM |
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Will BNB be worth $1,000? The value of BTC and ETH is determined by consensus. The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
The answer is possible since we have seen how ETH was in their situation right now back then. We have seen ETH last few years struggling to reach $500 but right now it rises up to $3000+. How it ended up so high? because they upgraded their system and it could go higher than this if they fixed their problem which is their unreasonable gas fees. I think if Binance Smart Chain has some kind of strategies to implement in their system, they can actually be like the price of ETH right now but they have more things to solve right now rather than fixing it.
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kryptqnick
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September 03, 2021, 10:16:18 AM |
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Given that BNB is already worth almost $500 per coin, it's only a 2x rise till it hits $1000. This makes it a very realistic goal, especially given that even if it hits $1k without Ethereum or Bitcoin getting higher as well, it will only surpass Cardano in market capitalization, and that seems like something that can happen. I don't think it'll reach $1k any time soon, though, but it's something that we can reasonably expect to happen within the next few years. It's a powerful company, so they can do what they see fit, and I think it's powerful enough to get BNB to $1k.
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ayukartika
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September 03, 2021, 01:03:48 PM |
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Will BNB be worth $1,000? The value of BTC and ETH is determined by consensus. The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
I believe this has the potential to happen. Moreover, Binance has a policy of purchasing 100 million BNB tokens on the market and then burning it. This means that the total BNB tokens that are almost 200 million will be reduced by half. With reduced supply but still increasing demand, the price of BNB will automatically increase. I also agree with what you said. especially now that we can see that BNB transactions are cheaper than ETH, it is not impossible that the price of BNB will increase.
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danherbias07
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September 03, 2021, 01:13:27 PM |
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Let's see once Ethereum will be back with their cheap transaction fees. Binance dominated that part ever since Ethereum planned to change their algorithm. It's difficult to find a good chain that could compete with it and most of them don't have the power to market it with the mass while Binance have their exchange to forcefully let traders buy it in exchange for better service and cheaper fees. A high chance it will just stay this way and a low chance it will drop. Once Ethereum is back to offer better service it will be us who will decide what is better. Using both might also be a good idea.
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