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Author Topic: Is the future of Binance bright???  (Read 859 times)
$anounimus$
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March 12, 2022, 04:18:19 PM
 #61

Yes, Global crises never seem to end and have an impact on the money market world. In my opinion, For BNB don't doubt that and user mentality is being tested. BNB For the long-term, the minimum hold of 3-5 years, in addition, you can also see this  https://www.binance.org/en/blog/introducing-bep-95-with-a-real-time-burning-mechanism/ So, later the total supply of BNB will be less than 100 million coins, the rarer.  BNB = movement of BNB depending on BTC & ETH. Crypto is still high risk, so just enough not to go bankrupt, there must be other investments such as stocks and others.

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March 12, 2022, 04:41:42 PM
 #62

Global crises never seem to end. This is showing a negative atmosphere in all stock markets. Currently in Gold-winning investments. Is there an investment in gold that you would recommend for cryptocurrencies? I followed BNB closely. As of the beginning of 2020, it had increased to $ 690 with serious attacks. He was sentenced to his fate between 350-400 dollars under the place where he was for about 2 years. I wanted to open this issue in order to understand BNB in detail and to interpret it correctly. There are many topics about BNB, but none of them have a serious future analysis. I would like you to comment on the expectation of 5000 dollars about BNB.

As for me, it would still take a long time before it reaches 5K but to be honest, BNB has a huge potential and it really has a great future but as of now, its price still depend on Bitcoin. I believe that despite the crisis that we're facing right now, it's still best to buy and accumulate BNB for a long-term hold.
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March 12, 2022, 08:38:51 PM
 #63

There are many topics about BNB, but none of them have a serious future analysis. I would like you to comment on the expectation of 5000 dollars about BNB.

What kind of "serious future analysis" you are looking for where everything is speculative.

If reaching $5,000 price coin is always the basis for you to called a certain coin having a good future then crypto is not for you.

Manage your expectation to avoid being stress thinking about it.
Yeah right. Dont expect too much because it will leads you to disappointment. BNB probably a good investment. And I believe that it will have some quick gains and maybe will reach $5000 in the near future. Just keep holding and be patient. Someday you'll gonna make huge return.
BNB reach to 5000$ I think it will take 3 years maybe. this year reaching a price of 1000$ is very good, well BNB is a very potential coin. and i monitor BNB very fast price updates after the supply burn is reduced this impressed me for sure, maybe here someone has the same thoughts as me..?

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March 12, 2022, 10:04:46 PM
 #64

I don’t expect BNB will hit 5000$ in the short term, but definitely it will be reach such price in the coming next few years, because you know it’s backed by world biggest crypto exchange and it’s gradually most popular smart chain after Etherum even i think mostly users already migrated ETH to BSC due to expensive fees in ETH chain. So i think your prediction can be correct after a few years but not very soon.
I agree, however it is not only important to have a right idea of what is the potential of BNB, once you know that information then the next step is to take the necessary actions to get as much BNB as possible before the day comes BNB reaches that price, this may seem easy but it is not, how many people knew about the potential of bitcoin but then they were not able to hold their coins for one reason or another? Obviously I do not have the exact number but there are a lot of people like that, which could see the potential of bitcoin but that failed to hold their coins, and this is something that we obviously we do not want to happen to us.
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March 12, 2022, 11:29:37 PM
 #65

It is not clear for any exchange, in the worst-case scenario your funds will be frozen there and this type of weakness will lead to a cheap BNB price. If you are a true believer in the bright future of Binance exchange, you wouldn't miss the cheap buying opportunity. At least a $1000 price target is reasonable. In 3 years, BNB price can skyrocket up to $5000 if nothing goes wrong on their side.
nothing is wrong on Binance's side, all progress so far is still very good and running smoothly,
and they are always updating their progress, indeed anything can happen, CZ could step down as CEO of Binance,
and if this happens I'm sure the price of BNB will also be affected , yes we have to think about all the risks mate,
don't buy too much BNB, the most important thing is to always monitor it.

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March 12, 2022, 11:32:40 PM
 #66

I don’t expect BNB will hit 5000$ in the short term, but definitely it will be reach such price in the coming next few years, because you know it’s backed by world biggest crypto exchange and it’s gradually most popular smart chain after Etherum even i think mostly users already migrated ETH to BSC due to expensive fees in ETH chain. So i think your prediction can be correct after a few years but not very soon.
I agree, however it is not only important to have a right idea of what is the potential of BNB, once you know that information then the next step is to take the necessary actions to get as much BNB as possible before the day comes BNB reaches that price, this may seem easy but it is not, how many people knew about the potential of bitcoin but then they were not able to hold their coins for one reason or another? Obviously I do not have the exact number but there are a lot of people like that, which could see the potential of bitcoin but that failed to hold their coins, and this is something that we obviously we do not want to happen to us.

Many people actually already know the potential of BTC and ETH, but still there are some people who are still hesitant to collect them. It's the same
if we talk about the future of BNB, after what BNB has shown in 2021. We should all realize that now is the right time to collect BNB, because the current
BNB price is very low and it's a good time to buy BNB. So don't let us repeat the same mistakes over and over again by not daring to buy potential coins
when they are at low prices. I believe BNB has the potential to return to ATH prices this year, so I am one of those who have bought BNB and I will hold it
until the target price I want is reached. In my opinion, BNB has a great development team, and can make BNB grow very rapidly. So it will be very profitable
if holding BNB in the long term.

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March 12, 2022, 11:44:07 PM
 #67

Global crises never seem to end. This is showing a negative atmosphere in all stock markets. Currently in Gold-winning investments. Is there an investment in gold that you would recommend for cryptocurrencies? I followed BNB closely. As of the beginning of 2020, it had increased to $ 690 with serious attacks. He was sentenced to his fate between 350-400 dollars under the place where he was for about 2 years. I wanted to open this issue in order to understand BNB in detail and to interpret it correctly. There are many topics about BNB, but none of them have a serious future analysis. I would like you to comment on the expectation of 5000 dollars about BNB.
some even predict the price of BNB will balance the price of eth in the future, if that happens a new network will appear which will trigger cutting the BNB network in the future, save your gold cryptocurrencies before they become very valuable.
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March 13, 2022, 03:31:08 AM
 #68

There are many topics about BNB, but none of them have a serious future analysis. I would like you to comment on the expectation of 5000 dollars about BNB.

What kind of "serious future analysis" you are looking for where everything is speculative.

If reaching $5,000 price coin is always the basis for you to called a certain coin having a good future then crypto is not for you.

Manage your expectation to avoid being stress thinking about it.
Yeah right. Dont expect too much because it will leads you to disappointment. BNB probably a good investment. And I believe that it will have some quick gains and maybe will reach $5000 in the near future. Just keep holding and be patient. Someday you'll gonna make huge return.
I think it will take quite a while to reach 5k, I suspect we shouldn't set goals too far because it makes us stressed sometimes.
BNB's recent all-time high is over $600, BNB still depends on the movement of BTC so the immediate 1k target we should think about. In the long time, BNB is a great option like ETH. I feel safe holding BNB, just patiently waiting for the results to come.

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March 13, 2022, 03:40:50 AM
 #69

~

The most important lesson I have learned from all the experience I have spent in the stock market is to absolutely settle for earnings above 20% and manage a buy and sell policy. for these instant investments. For long-term investments, definitely min. The expectation period should be 3 years.
Good scenarios are always present in our thoughts, but actually coming to them is a long process. Here we are looking at the reality of BNB for the long term (3-5 years), but whether the people here can adhere to this, the reality continues here. We'll have landmarks as targets, but we'll start from the nearest target before going to other places.

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March 13, 2022, 03:58:54 AM
 #70

Global crises never seem to end. This is showing a negative atmosphere in all stock markets. Currently in Gold-winning investments. Is there an investment in gold that you would recommend for cryptocurrencies? I followed BNB closely. As of the beginning of 2020, it had increased to $ 690 with serious attacks. He was sentenced to his fate between 350-400 dollars under the place where he was for about 2 years. I wanted to open this issue in order to understand BNB in detail and to interpret it correctly. There are many topics about BNB, but none of them have a serious future analysis. I would like you to comment on the expectation of 5000 dollars about BNB.
we all wish good things for BNB. however, this is not just speculation. we expect the price of BNB to be high because of the tangible benefits, as well as the fairly rapid development.
however, the price drop that occurred from the $600 range to the current price was heavily influenced by the bitcoin price. not only BNB, but also ETH and other popular coins are affected by this. why we say that the future of BNB is very good, it is because we see that CZ and his team are very skilled in developing this coin. Little by little, this coin is catching up to ethereum, and that is the reality. In addition, BNB is supported by one of the largest exchanges today, namely Binance. Personally, I think this will continue, and make the future of BNB bright.

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March 13, 2022, 05:42:40 AM
 #71

Good scenarios are always present in our thoughts, but actually coming to them is a long process. Here we are looking at the reality of BNB for the long term (3-5 years), but whether the people here can adhere to this, the reality continues here. We'll have landmarks as targets, but we'll start from the nearest target before going to other places.
It's actually easier to target something in the short term even though it still requires a process because there is no instant way to generate more profit in a certain term because the certainty is not yet realistic.
But in the short term, I think it's easier to control and manage well before looking too far (3 - 5) years.

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March 13, 2022, 05:57:12 AM
 #72

I agree with you, @litepool.ru

Predicting the future is only one part of the investing process, and of course, everyone sees an opportunity before talking about it. We all know it's going to get there, but it will take time. Don't be too silly to talk about a 3 -5 year long term hold since you'll have plenty of other things to take care of. I prefer a close-to-current assessment rather than a vague one.
Basically every human being can only predict logically based on what they have seen in the past, because no human can see what the future will be like at this time even though there are many past references that they can read at this time. But in general it will not be 100% accurate in terms of future predictions, although any research for the short term is always more meaningful to everyone than having to wait for up to 5 years, the certainty of which is still not clear.
Not really, mate, it's an inference from you, not my point of view. Past is a piece of review data, but I don't rely entirely on it for later judgments. Current products, features, funds, support, development roadmap,... a lot of knowledge and fundamental analysis of the project. And as a result, we sometimes find that prices are also based on news surrounding the industry, so judging anything going forward is closer to reality than by such assessments, not just by thinking.

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March 13, 2022, 05:13:17 PM
 #73

binance has bright future it’s just they are being infested heavily by many newbies and scammers that basically their platform becomes battlefield of rugpulls, scams, and low quality projects.
if they could sort that out, and it eventually will considering the scammers will just move in another platform if most of the newbies in BSC platform has enough knowledge in avoiding scams just like how ETH in the past are being misused by scammers and now it’s rather decreasing.
the main reason so many potential investment hasn’t flowing in the binance platform like BSC and BNB because there are so many scams, i’m sure eventually they will get back in BSC in the future after done with all the newer smart contracts platform.
5k will be easy when the bullish will come again.

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March 13, 2022, 05:13:37 PM
 #74

Global crises never seem to end. This is showing a negative atmosphere in all stock markets. Currently in Gold-winning investments. Is there an investment in gold that you would recommend for cryptocurrencies? I followed BNB closely. As of the beginning of 2020, it had increased to $ 690 with serious attacks. He was sentenced to his fate between 350-400 dollars under the place where he was for about 2 years. I wanted to open this issue in order to understand BNB in detail and to interpret it correctly. There are many topics about BNB, but none of them have a serious future analysis. I would like you to comment on the expectation of 5000 dollars about BNB.
we all wish good things for BNB. however, this is not just speculation. we expect the price of BNB to be high because of the tangible benefits, as well as the fairly rapid development.
however, the price drop that occurred from the $600 range to the current price was heavily influenced by the bitcoin price. not only BNB, but also ETH and other popular coins are affected by this. why we say that the future of BNB is very good, it is because we see that CZ and his team are very skilled in developing this coin. Little by little, this coin is catching up to ethereum, and that is the reality. In addition, BNB is supported by one of the largest exchanges today, namely Binance. Personally, I think this will continue, and make the future of BNB bright.
I think that is the main aspect that should make people to expect good things from BNB in the future, we know that it is not going to ever surpass bitcoin, however it is slowly increasing its influence to the point that one day it could beat ethereum, right now BNB is the fourth coin in terms of market cap, only behind BTC, ETH, and USDT, however USDT is a stable coin while BTC started this market, so realistically speaking the true aim of BNB and their developers is to surpass ETH, something they may achieve during the next decade.

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March 13, 2022, 05:58:51 PM
 #75

Basically every human being can only predict logically based on what they have seen in the past, because no human can see what the future will be like at this time even though there are many past references that they can read at this time. But in general it will not be 100% accurate in terms of future predictions, although any research for the short term is always more meaningful to everyone than having to wait for up to 5 years, the certainty of which is still not clear.
It is understandable to want something that makes sense like that if you just saw the past and want to "predict" the future based on what you have seen in the past. However, you have to realize is that past performance doesn't mean the same will be for the future one neither. I mean surely there will be some sort of relevance but that doesn't mean that it is 100% connected.

Just because it did 1-3-5 before, doesn't mean it will be 1-3-5 again, it could be 1-3-2 next time around. This is why you should be careful when reading charts as well, many indicators are great way to make money but they are not 100% always right and correct so you need to be careful.

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March 13, 2022, 06:14:46 PM
 #76

Global crises never seem to end. This is showing a negative atmosphere in all stock markets. Currently in Gold-winning investments. Is there an investment in gold that you would recommend for cryptocurrencies? I followed BNB closely. As of the beginning of 2020, it had increased to $ 690 with serious attacks. He was sentenced to his fate between 350-400 dollars under the place where he was for about 2 years. I wanted to open this issue in order to understand BNB in detail and to interpret it correctly. There are many topics about BNB, but none of them have a serious future analysis. I would like you to comment on the expectation of 5000 dollars about BNB.
binance coin is a good token, I believe in its potential to break the $1000++ price...

adoption on the BSC network is increasing from time to time, this automatically makes the price rise high, besides that bnb regularly 'burn token' which keeps the supply of tokens stable. for long-term investment, bnb is recommended.



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March 14, 2022, 10:51:30 AM
 #77

Most of us underestimate Binance during its early days and we got surprised that this project become one of the top 10 coins on the CMC. For sure, it is not a question to ask if this has a bright future coz obviously that is what we see.
Although we are not 100% sure about the future of the crypto market, even Bitcoin but maybe we have to trust them. As if given the chance that Bitcoin will still exist 10 years, 20 years from now, it is really possible that Binance and some altcoins are still there.

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March 14, 2022, 12:49:52 PM
 #78

Basically every human being can only predict logically based on what they have seen in the past, because no human can see what the future will be like at this time even though there are many past references that they can read at this time. But in general it will not be 100% accurate in terms of future predictions, although any research for the short term is always more meaningful to everyone than having to wait for up to 5 years, the certainty of which is still not clear.
Not really, mate, it's an inference from you, not my point of view. Past is a piece of review data, but I don't rely entirely on it for later judgments. Current products, features, funds, support, development roadmap,... a lot of knowledge and fundamental analysis of the project. And as a result, we sometimes find that prices are also based on news surrounding the industry, so judging anything going forward is closer to reality than by such assessments, not just by thinking.
This is a good approach. You should definitely check the past data, I am not saying that it is useless, of course it is not useless. You could at the very least see the places it could go up to or go down to and that gives you an idea. But for direction, relying on data alone and not checking anything else is a wrong move and usually one that ends up making people lose money.

I have to say it is definitely one of the hardest things to decide on which direction crypto will go to, and if it was as easy as checking some charts or seeing some indicators, then it wouldn't be this hard and everyone in the world would be able to see it and do it.
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March 14, 2022, 02:29:54 PM
 #79

The items that Binance assembled offer perhaps the most different biological system in the crypto market. You should be shrewd in managing what is going on that happens on the lookout and assuming the market circumstance is excellent and shows a cost increment, you can sell it at that greatest cost. That doesn't seem OK assuming you are just calling this as a genuine discussion while we know that so well assuming sky was the cutoff.


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March 14, 2022, 03:58:28 PM
 #80

Global crises never seem to end. This is showing a negative atmosphere in all stock markets. Currently in Gold-winning investments. Is there an investment in gold that you would recommend for cryptocurrencies? I followed BNB closely. As of the beginning of 2020, it had increased to $ 690 with serious attacks. He was sentenced to his fate between 350-400 dollars under the place where he was for about 2 years. I wanted to open this issue in order to understand BNB in detail and to interpret it correctly. There are many topics about BNB, but none of them have a serious future analysis. I would like you to comment on the expectation of 5000 dollars about BNB.
binance coin is a good token, I believe in its potential to break the $1000++ price...

adoption on the BSC network is increasing from time to time, this automatically makes the price rise high, besides that bnb regularly 'burn token' which keeps the supply of tokens stable. for long-term investment, bnb is recommended.
With the renaming to BNB chain, shows that binance is working on making bsc more and more decentralized, turning BSC into muti-chain, expanding BSC validator set from 21 to 41.
Release BNB Chain marks an important milestone in the evolution of the BNB token and Binance Chain Network. So the future of Binance is brighter than ever, will be very promising in the future to become the most comprehensive ecosystem.

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