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Author Topic: Let's pay attention to BNB?  (Read 1979 times)
soureden
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October 21, 2021, 06:10:56 PM
 #121

Today has been a very interesting day. One day after BNB exceeded $500, it lost $30 in value. What do you think is the reason for this sudden drop? I wonder how many months this will push the upward trend back.

hello my friend, yes today's downward momentum was indeed a thought provoking move. I think that such a sudden and excessive fall has turned the investment plans upside down. I hope that there has not been a lot of buyers of BNB at the $500 level.
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October 21, 2021, 07:58:27 PM
 #122

I think BNB will achieved its first target $500 end of OCT and next $600 end of this year.
I believe the positive transition to BNB value prior to bitcoin's major rally was partly rooted in the announcement of $1 billion to fuel the growth of the BSC ecosystem.  As CZ has been public about the effectiveness of this allows defi to continue its momentum towards its goal of 1 billion users.  I very much hope this will pull BNB out of its inherent “restriction”.
The Q4 token burn mechanism is also an incentive for BNB to have a new ATH this year.

As I was commenting in an earlier post,,, as long as BSC continues development and keeps making sure it gives what people want, then yes, it can grow, but it will never reach the security or dev superiority of ETH. This is a longterm problem but can be solved if it works smart and moves away from marketing and into serious development.
That's okay for BNB. I don't think people really invest in BNB and believe that it could overthrow ETH anyhow. ETH now has become BTC tier. Yes, many projects will try to follow its step but will never be able to cross it.
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October 21, 2021, 08:46:11 PM
 #123

and finally here he saw BNB $500 today. Now the chain is broken. After that, the upward trend will continue. In my opinion, BNB is the strongest crypto to invest in right now.
Now the price is no longer at $500, because it has decreased by almost 6% and the price has become $473 which means this is a very good correction and is very good for those who want to buy it at this time or for those who haven't had time to buy it at the moment still cheap



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Meta anggraini
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October 21, 2021, 11:08:10 PM
 #124

500$ seems like strong resistance, we only touch that point and pulled back. If Bitcoin dump more, i pretty sure we would go back to around 440$ point, atleast.

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October 22, 2021, 08:59:03 AM
 #125

As I was commenting in an earlier post,,, as long as BSC continues development and keeps making sure it gives what people want, then yes, it can grow, but it will never reach the security or dev superiority of ETH. This is a longterm problem but can be solved if it works smart and moves away from marketing and into serious development.
That's okay for BNB. I don't think people really invest in BNB and believe that it could overthrow ETH anyhow. ETH now has become BTC tier. Yes, many projects will try to follow its step but will never be able to cross it.

I do not think many people invest in coins because they believe it can kill ETH. Ethereum killers were all TRON and EOS and those coins are now even further behind in development, lagging behind BNB/BSC.

I think most people learn their lessons that you cannot just kill ETH and BTC by making faster transactions and cheaper fees. There is more to it than fast and cheap  Grin

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coinzzzpro
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October 23, 2021, 06:27:36 AM
 #126

As I was commenting in an earlier post,,, as long as BSC continues development and keeps making sure it gives what people want, then yes, it can grow, but it will never reach the security or dev superiority of ETH. This is a longterm problem but can be solved if it works smart and moves away from marketing and into serious development.
That's okay for BNB. I don't think people really invest in BNB and believe that it could overthrow ETH anyhow. ETH now has become BTC tier. Yes, many projects will try to follow its step but will never be able to cross it.

I do not think many people invest in coins because they believe it can kill ETH. Ethereum killers were all TRON and EOS and those coins are now even further behind in development, lagging behind BNB/BSC.

I think most people learn their lessons that you cannot just kill ETH and BTC by making faster transactions and cheaper fees. There is more to it than fast and cheap  Grin

That's right! ETH will remain as the father of smart contracts. It's just that the popularity of using ETH for DEFI and NFT will decrease with GAZ prices as they are now. For example: It costs $193 to place an NTF on opensea in ETH. A similar transaction in BNB is $0.5. Despite the fact that the price of BNB is $500.

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October 23, 2021, 07:26:52 AM
 #127

500$ seems like strong resistance, we only touch that point and pulled back. If Bitcoin dump more, i pretty sure we would go back to around 440$ point, atleast.
That is very logical and also makes sense because I also think that by the end of this year if market conditions continue to improve, then the price will be close to $500 although it won't go straight to $500, which is obviously very good for BNB and the holders.
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October 23, 2021, 09:56:33 AM
 #128

My target for BNB before the year end is atleast $1000. Once Bitcoin surpassed 70k USD, we will see all crypto whether legit ones or scam will rise together with Bitcoin. BNB is predicted to be the next ETH because of the number of users who holds it.

While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.
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October 23, 2021, 10:20:50 AM
 #129

500$ seems like strong resistance, we only touch that point and pulled back. If Bitcoin dump more, i pretty sure we would go back to around 440$ point, atleast.
In may there are already hype that happens in BNB

All Time High May 10, 2021 (5 months ago)   $690.93 so in the following months there might be another ATH coming as Bitcoin already made it possible couple days ago.

My target for BNB before the year end is atleast $1000. Once Bitcoin surpassed 70k USD, we will see all crypto whether legit ones or scam will rise together with Bitcoin. BNB is predicted to be the next ETH because of the number of users who holds it.


"You Target" so what will happen after that ? if the price reached that value? would it change the fact that you are not a real investor of this coin?  Grin

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October 23, 2021, 01:43:17 PM
 #130

While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.
if we look at the graph presented by coingecko it clearly looks like this;


that it is true that in September the movement of BNB was not very good but entering the first week of October it immediately increased and was always above the movement of bitcoin itself, so apart from the bitcoin push that BNB also played a role in trying to improve itself.

BNB is currently at $480.32, won't have a hard time breaking through $500 by the end of this month and may even be close to the ATH they've made at $686.31.
it is very possible that it happened because of BNB itself also trying to increase plus from the push of bitcoin which will also move up.

$500 at the end of the year for BNB is not impossible.  even I believe the price of BNB could reach a minimum of $800 by the end of the year and next year.  so I think BTC correction is affecting BNB price
at the current price of $480.32 there is no need to wait until the end of the year to reach only $500 and it will easily be done later this month along with the increase in bitcoin, because the influence of bitcoin is also very important be able to boost it even though BNB's power alone can do that too.

only a week to go we will see if it will be proven that BNB can go over $500 or not!! if it is exceeded then what will be pursued next will clearly be able to repeat ATH when it is carried out on May 10, 2021. With full confidence, everything will be passed by BNB.

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October 23, 2021, 04:13:55 PM
 #131

BNB has made a nice jump recently to $500, but it has dropped back to $480. Looks like he did a test version above. I have a strong feeling that it will be worth $1000 in the future.
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October 23, 2021, 05:07:02 PM
 #132

The accumulation of 500 dollars took too long, but binance always surprises us, and it was always like that. Since the bitcoin dominance is already dominant, it does not surprise me that the binance coin stands at $ 500 in the market, but this wait does not last long. With the new fan token launchpad and many concepts, the rise of bnb coin will be very soon. I expect it to approach the $1000 level before the end of the year, of course, that's just my expectation.

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October 23, 2021, 05:54:27 PM
 #133

The accumulation of 500 dollars took too long, but binance always surprises us, and it was always like that. Since the bitcoin dominance is already dominant, it does not surprise me that the binance coin stands at $ 500 in the market, but this wait does not last long. With the new fan token launchpad and many concepts, the rise of bnb coin will be very soon. I expect it to approach the $1000 level before the end of the year, of course, that's just my expectation.

There are many reason on why Binance will be able to break $500 and a possibility to breach $1K. Aside from those new coins that being introduced inside the site, there are other usages and benefits. CZ really plays well and with the hard work of his team, investors are now enjoying the luxuries of success.

Give time if you are a long-term investor, keep buying it when you have spare money. Don't look with any correction, as a cycle within this business is pretty normal.

Trust your own instinct after doing your DYOR. Project Binance is not stopping, expect more rise to happen after lots of success takes place.

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October 24, 2021, 03:54:02 AM
 #134

becoming a long investment for BNB is a good reason, BNB has a good platform and a good fundamental. And i think many people hold the BNB

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October 24, 2021, 07:05:09 AM
 #135

While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.
Everything must be based on data and currently according to statistics on coinmarketcap, Binance Coin (BNB) has shown a good movement in the last week of October with a price that has reached $481. If the positive trend continues, then it is very likely for BNB to reach the price of $500 will materialize by the end of this year.
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October 24, 2021, 08:46:55 AM
 #136

BNB has good prospects in the future, I'm sure BNB's position will be difficult to replace and will always be in the top 5 highest ranking, many devs. support with the BSC platform makes me believe the price of BNB will continue to increase and I hold it for the long term and believe in 2022 it will reach $ 1000.



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ymckartal (OP)
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October 24, 2021, 06:58:39 PM
 #137

BNB has good prospects in the future, I'm sure BNB's position will be difficult to replace and will always be in the top 5 highest ranking, many devs. support with the BSC platform makes me believe the price of BNB will continue to increase and I hold it for the long term and believe in 2022 it will reach $ 1000.

Hello there; BNB is an interesting cryptocurrency. I am very hopeful for this crypto. I think $2000 is not the level to come for BNB in such a long time. I think it will reach these levels soon.
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October 24, 2021, 07:08:26 PM
 #138

BNB has good prospects in the future, I'm sure BNB's position will be difficult to replace and will always be in the top 5 highest ranking, many devs. support with the BSC platform makes me believe the price of BNB will continue to increase and I hold it for the long term and believe in 2022 it will reach $ 1000.
BNB I think to reach the price of 1000$ don't have to wait for 2022. This is bullrun season friends, look last month when BNB was at 40$ to reach 300$ in just a few months. and I'm sure next month will be near BNB can be reached the price of 1000 $.?

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October 25, 2021, 12:36:10 PM
 #139

BNB has good prospects in the future, I'm sure BNB's position will be difficult to replace and will always be in the top 5 highest ranking, many devs. support with the BSC platform makes me believe the price of BNB will continue to increase and I hold it for the long term and believe in 2022 it will reach $ 1000.
your understanding is very accurate for now, if we go back the last 3 months the movement of BNB has started to look uphill, better than the position of bitcoin graphically when it entered early October 2021. even though the price was actually early in September BNB was able to break through at a position at a price of $500 , but unfortunately can not maintain and come back down.

maybe for now it's actually short-term investments that should be targeted, waiting for an increase at the end of the year. where it is estimated that bitcoin will increase, what is clear is that all altcoins will also be affected, including BNB. if you look at it you can be sure that BNB will reach $1K will be experienced by the end of this year in contrast to BNB's renewable ATH, where the old ATH is at $686.31 - May 10, 2021.

Hello there; BNB is an interesting cryptocurrency. I am very hopeful for this crypto. I think $2000 is not the level to come for BNB in such a long time. I think it will reach these levels soon.
agree, currently BNB with the support of its own exchanger is clearly very attractive for investors to be able to make future investments. we know the ethereum platform still has problems with large costs and binance is advancing to be able to contribute to the movement of new projects. so that it affected BNB which eventually became quite a target because it was quite interesting.

for the end of this year it is estimated that BNB will be able to break through $1K and that can be met very easily, so that if there is no correction in the following year then it is certain that breaking through $2K will be achieved in early 2022. anything can happen easily for BNB because the current level of trust in BNB is already very high.

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October 25, 2021, 02:14:46 PM
 #140

While BNB was at $331 dollars on September 29, the upward trend of the last week is remarkable. I think that after BTC's correction, BNB will correct itself. BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.
bnb all time high is almost 700$ can check out in coinmarketcap. october 21, bnb price was 500$. so i don't surprised to seen this price because my expectation is much high for 2022, long term holders will see and enjoy i hope it will increase 1000$ within 2022.
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