Is now a good time to buy BNB?

[Xal0lex]

Is there even one smart contract platform in the crypto industry right now that is truly decentralized? In my opinion, no. ETH is also centralized. If a platform doesn't have a centralized apparatus, there are always major investors or validators who are subject to certain jurisdictions and certain regulators. From that, platforms can impose some regulation or censorship on the network.

Ethereum Classic (ETC), Ubiq (UBQ), and Expanse (EXP) are all truly-decentralized smart contract platforms. Unfortunately, they're not as popular as they're centralized counterparts. The low market prices for said coins explains everything. It's all about making money these days, instead of focusing on crypto's potential to eliminate the middleman for good. BNB is one of those coins that are centralized. It's too tied to Binance.

Have you noticed that everything in the crypto industry that offers decentralization, fast transactions and cheap fees is extremely unpopular. I've always wondered why this is the case and people are increasingly drawn to networks that violate the main principles of cryptocurrency, i.e. they are centralized, they are expensive and they are not the fastest. BNB and ETH are the most prominent examples of such non-ideal networks, but at the same time have such a huge impact on the entire crypto industry.

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[shinratensei_]

Honestly i just feel very doubtful with BNB, even after there are many events that are anticipated because they used BNB the coin still just moves a little.
the latest event is arkham and BNB just increasing a little bit and thats it, I just think that maybe many have already considered BNB overvalued and refuse to bag for it.
that could also means that it will be bad for future investment.
If you really are seeking for something that gonna gives you better profits, certainly it seemed like choosing some other coin will be better. but then again if you favour BNB, you should maybe do some analysis beforehand, determining its potential from the perspective of lawsuit and its chart.

[RewFrew]

BNB is best currency for buy and holding therw has no doubt. Now BNB price is low price i think. If anyone buy bnb and hold he will be must benefited i think. I am already huge profited form bnb. Before covid  when bnb price was $14 i was bought 30 pices bnb and i sold it when it’s price were $350. So i am huge profited form bnb. After my sold bnb price hited $650+. But now bnb price near about $250. And bnb now huge popular currency. I think when bull run session will come bnb price will hit easily $1k there has no doubt. So overall thinking my advice now perfect time to buy BNB.

[rojan]

BNB is best currency for buy and holding therw has no doubt. Now BNB price is low price i think. If anyone buy bnb and hold he will be must benefited i think. I am already huge profited form bnb. Before covid  when bnb price was $14 i was bought 30 pices bnb and i sold it when it’s price were $350. So i am huge profited form bnb. After my sold bnb price hited $650+. But now bnb price near about $250. And bnb now huge popular currency. I think when bull run session will come bnb price will hit easily $1k there has no doubt. So overall thinking my advice now perfect time to buy BNB.

Yes I think now is the right time to invest in bnb. There is a possibility of bnb touching 1k$ in few years. bnb is very popular coin in altcoins so we can definitely invest in it. It will be very beneficial for us in future. If anyone bnb investment  But I think the current price is the right price to invest in. When the crypto market is good, all coins including bnb will increase in price. So we have to use this time.

[asawale]

The US SEC has given us chance to get rich with Binance BNB again. The price dip as a result of the suite again the against will be a blessing to those who can take the risk. And I believe Binance is winning the case.
Two things will make BNB the best performing coin in the coming Bull market. 1. It will naturally follow the bull trend as one of the major Altcoins owned by a big wig and big determinant of the crypto market. 2. Winning against the SEC will make BNB outperform others if the judgement is given before or during the bull market.

[Smitty Werben Man Jensen]

BNB is best currency for buy and holding therw has no doubt. Now BNB price is low price i think. If anyone buy bnb and hold he will be must benefited i think. I am already huge profited form bnb. Before covid  when bnb price was $14 i was bought 30 pices bnb and i sold it when it’s price were $350. So i am huge profited form bnb. After my sold bnb price hited $650+. But now bnb price near about $250. And bnb now huge popular currency. I think when bull run session will come bnb price will hit easily $1k there has no doubt. So overall thinking my advice now perfect time to buy BNB.

Yes I think now is the right time to invest in bnb. There is a possibility of bnb touching 1k$ in few years. bnb is very popular coin in altcoins so we can definitely invest in it. It will be very beneficial for us in future. If anyone bnb investment  But I think the current price is the right price to invest in. When the crypto market is good, all coins including bnb will increase in price. So we have to use this time.

Yes, BNB is indeed one of the potential altcoins so for investment it can be an option,
it might happen but it comes back to how the market moves later,
hopefully at the end of the year the market will be bullish.

[Abiky]

Have you noticed that everything in the crypto industry that offers decentralization, fast transactions and cheap fees is extremely unpopular. I've always wondered why this is the case and people are increasingly drawn to networks that violate the main principles of cryptocurrency, i.e. they are centralized, they are expensive and they are not the fastest. BNB and ETH are the most prominent examples of such non-ideal networks, but at the same time have such a huge impact on the entire crypto industry.

It's no secret that decentralized cryptocurrencies are often unpopular. After all, most people want convenience on top of everything else. We can blame governments and Wall Street itself for making the crypto industry centralized. While truly-decentralized cryptocurrencies often have a small market cap and a lower market price, that doesn't mean they'll die in the long run. It's utility what counts.

BNB may not be decentralized, but it has a high chance of reaching a new ATH in the future. That's because it's backed by the world's largest crypto exchange. It wouldn't hurt to buy a few coins just in case it goes all the way to the moon. Who knows who'll be the next lucky "winners" to hit the jackpot? Just my thoughts

[blackened515]

Yes, BNB is indeed one of the potential altcoins so for investment it can be an option,
it might happen but it comes back to how the market moves later,
hopefully at the end of the year the market will be bullish.

We invest in good projects inother to received enormous earnings in returns. BNB is a prominent altcoin in the market, it's very promising to watch the pump history of the project. BNB is a native coin of Binance, CZ is putting everything within his reach to make sure everything works smoothly for the project. Investors already have their sight on the project, definitely an easy way to run a safer investment in the market. All hope is not lost, we keep pushing for prominent projects to invest in, ofcourse there are numerous solid altcoins that's worth our money.

[QueenVera]

BNB is best currency for buy and holding therw has no doubt. Now BNB price is low price i think. If anyone buy bnb and hold he will be must benefited i think. I am already huge profited form bnb. Before covid  when bnb price was $14 i was bought 30 pices bnb and i sold it when it’s price were $350. So i am huge profited form bnb. After my sold bnb price hited $650+. But now bnb price near about $250. And bnb now huge popular currency. I think when bull run session will come bnb price will hit easily $1k there has no doubt. So overall thinking my advice now perfect time to buy BNB.

BNB isn't a currency, it's a token used on the Binance blockchain and has other utility on the Binance exchange like been used for payment of fees when trading and used for buying of launchpad tokens that can give you big profits when they get listed. I'm interested in investing in BNB but I won't be investing right now because of the SEC investigation against them.
The SEC has been trying to get Binance exchange and I think they'll get them one day and that'll affect the price of their tokens. Binance exchange has avoided the SEC but I don't think they're totally clean. We have dirty secrets and I think Binance exchange has theirs as well and when the SEC finds them they'll come hard on the exchange and it would drive away investors.
I thought Binance coin would fall as others tokens did fall but it hasn't done so and it makes me think the price of the tokens is been manipulated. My buy target is around $150. I still have my buy orders at the price and hoping it gets filled before the halving of Bitcoin rewards get completed next year.

[Xal0lex]

Have you noticed that everything in the crypto industry that offers decentralization, fast transactions and cheap fees is extremely unpopular. I've always wondered why this is the case and people are increasingly drawn to networks that violate the main principles of cryptocurrency, i.e. they are centralized, they are expensive and they are not the fastest. BNB and ETH are the most prominent examples of such non-ideal networks, but at the same time have such a huge impact on the entire crypto industry.

It's no secret that decentralized cryptocurrencies are often unpopular. After all, most people want convenience on top of everything else. We can blame governments and Wall Street itself for making the crypto industry centralized. While truly-decentralized cryptocurrencies often have a small market cap and a lower market price, that doesn't mean they'll die in the long run. It's utility what counts.

BNB may not be decentralized, but it has a high chance of reaching a new ATH in the future. That's because it's backed by the world's largest crypto exchange. It wouldn't hurt to buy a few coins just in case it goes all the way to the moon. Who knows who'll be the next lucky "winners" to hit the jackpot? Just my thoughts

I understand all this perfectly well. Where there is adoption and popularity of the product, there will be centralization and regulation. All projects that do not obey these rules will exist in the crypto underground and have a very small community and range of use. Projects just like to mislead their users by hiding behind decentralization, although it is nothing more than a marketing move. I'm for projects not to deceive their community and call things by their names, without any pseudo decentralization in the description of their products.

[Abiky]

BNB isn't a currency, it's a token used on the Binance blockchain and has other utility on the Binance exchange like been used for payment of fees when trading and used for buying of launchpad tokens that can give you big profits when they get listed. I'm interested in investing in BNB but I won't be investing right now because of the SEC investigation against them.
The SEC has been trying to get Binance exchange and I think they'll get them one day and that'll affect the price of their tokens. Binance exchange has avoided the SEC but I don't think they're totally clean. We have dirty secrets and I think Binance exchange has theirs as well and when the SEC finds them they'll come hard on the exchange and it would drive away investors.
I thought Binance coin would fall as others tokens did fall but it hasn't done so and it makes me think the price of the tokens is been manipulated. My buy target is around $150. I still have my buy orders at the price and hoping it gets filled before the halving of Bitcoin rewards get completed next year.

BNB may be having trouble getting somewhere because of the SEC's "fight" against Binance, but I believe not all hope is lost. There's still light at the end of the tunnel, especially when there are many pro-crypto lawmakers in the US. With XRP's partial victory against the SEC, Binance has a signal of hope for its own cryptocurrency (BNB).

I don't think the coin will go below $100, when there are a lot of projects using it. Demand is still high, whenever you like it or not. All BNB needs is a strong bull market to reach a new ATH. I'm certain the coin will reach $1k in the long run. Who knows if it becomes the third-largest cryptocurrency in market cap soon? Just my opinion

[Ultegra134]

BNB isn't a currency, it's a token used on the Binance blockchain and has other utility on the Binance exchange like been used for payment of fees when trading and used for buying of launchpad tokens that can give you big profits when they get listed. I'm interested in investing in BNB but I won't be investing right now because of the SEC investigation against them.
The SEC has been trying to get Binance exchange and I think they'll get them one day and that'll affect the price of their tokens. Binance exchange has avoided the SEC but I don't think they're totally clean. We have dirty secrets and I think Binance exchange has theirs as well and when the SEC finds them they'll come hard on the exchange and it would drive away investors.
I thought Binance coin would fall as others tokens did fall but it hasn't done so and it makes me think the price of the tokens is been manipulated. My buy target is around $150. I still have my buy orders at the price and hoping it gets filled before the halving of Bitcoin rewards get completed next year.

BNB may be having trouble getting somewhere because of the SEC's "fight" against Binance, but I believe not all hope is lost. There's still light at the end of the tunnel, especially when there are many pro-crypto lawmakers in the US. With XRP's partial victory against the SEC, Binance has a signal of hope for its own cryptocurrency (BNB).

I don't think the coin will go below $100, when there are a lot of projects using it. Demand is still high, whenever you like it or not. All BNB needs is a strong bull market to reach a new ATH. I'm certain the coin will reach $1k in the long run. Who knows if it becomes the third-largest cryptocurrency in market cap soon? Just my opinion

But since the lawsuit with the SEC has been resolved, I don't believe that there's any major reason to worry at the moment. Although BNB's price has yet to recover to pre-lawsuit levels, it's still not that low to raise any major concerns. On the contrary, it might be a decent opportunity to acquire it now that it's more affordable. I've already bought some, hoping that I don't regret it in the future; however, it's very unlikely for BNB to crash, especially after a resolution is found, because that would cause a chain reaction to other altcoins and ultimately to Bitcoin, due to the excessive trading volume Binance has.

[bakasabo]

It was always a wise to buy BNB, as it is one of the top altcoin. As Binance now has issues with SEC, if the things goes as XRP and SEC case, and Binance wins, it can easily gain 50% in price. And with an altcoin with such a huge market cap, that is a lot. Second having BNB and holding it on Binance exchange often give small bonuses, as crypto from participating in launchpads and launchpools.

[fat buddah]

It was always a wise to buy BNB, as it is one of the top altcoin. As Binance now has issues with SEC, if the things goes as XRP and SEC case, and Binance wins, it can easily gain 50% in price. And with an altcoin with such a huge market cap, that is a lot. Second having BNB and holding it on Binance exchange often give small bonuses, as crypto from participating in launchpads and launchpools.

Well, it's not the wise decision just because it's one of the to altcoins. DOGE and XRP are too, but they're not worth buying. Also, I don't think accumulating a coin that is heavily connected to the exchange is a good idea. FTX story should've reached us something.

[bakasabo]

It was always a wise to buy BNB, as it is one of the top altcoin. As Binance now has issues with SEC, if the things goes as XRP and SEC case, and Binance wins, it can easily gain 50% in price. And with an altcoin with such a huge market cap, that is a lot. Second having BNB and holding it on Binance exchange often give small bonuses, as crypto from participating in launchpads and launchpools.

Well, it's not the wise decision just because it's one of the to altcoins. DOGE and XRP are too, but they're not worth buying. Also, I don't think accumulating a coin that is heavily connected to the exchange is a good idea. FTX story should've reached us something.

It is not just one of the altcoins, that is top5 altcoin among thousands others. That is a unique achievement, even though top can be always changed. If Binance follow FTX story, imo you wont be needing crypto for a long time, as if Binance crashes, it wont only cause BNB price to drop low, it will also force whole crypto market to drop in price heavily; it will drop back whole crypto to 2017 prices.

[fat buddah]

It was always a wise to buy BNB, as it is one of the top altcoin. As Binance now has issues with SEC, if the things goes as XRP and SEC case, and Binance wins, it can easily gain 50% in price. And with an altcoin with such a huge market cap, that is a lot. Second having BNB and holding it on Binance exchange often give small bonuses, as crypto from participating in launchpads and launchpools.

Well, it's not the wise decision just because it's one of the to altcoins. DOGE and XRP are too, but they're not worth buying. Also, I don't think accumulating a coin that is heavily connected to the exchange is a good idea. FTX story should've reached us something.

It is not just one of the altcoins, that is top5 altcoin among thousands others. That is a unique achievement, even though top can be always changed. If Binance follow FTX story, imo you wont be needing crypto for a long time, as if Binance crashes, it wont only cause BNB price to drop low, it will also force whole crypto market to drop in price heavily; it will drop back whole crypto to 2017 prices.

In that case, everything will fall, yes, but BNB will be dead. FTX was one of the top exchanges and what happened? Don't be so sure that even the biggest one can't repeat a similar story. And if that happens I will be packing my wallet with cheap Bitcoin.

[fzkto]

It was always a wise to buy BNB, as it is one of the top altcoin. As Binance now has issues with SEC, if the things goes as XRP and SEC case, and Binance wins, it can easily gain 50% in price. And with an altcoin with such a huge market cap, that is a lot. Second having BNB and holding it on Binance exchange often give small bonuses, as crypto from participating in launchpads and launchpools.

Well, it's not the wise decision just because it's one of the to altcoins. DOGE and XRP are too, but they're not worth buying. Also, I don't think accumulating a coin that is heavily connected to the exchange is a good idea. FTX story should've reached us something.

It is not just one of the altcoins, that is top5 altcoin among thousands others. That is a unique achievement, even though top can be always changed. If Binance follow FTX story, imo you wont be needing crypto for a long time, as if Binance crashes, it wont only cause BNB price to drop low, it will also force whole crypto market to drop in price heavily; it will drop back whole crypto to 2017 prices.

If you look at the previous top coins from 2014 for example, you will realise that nothing lasts forever in the cryptocurrency world. Even if Binance is now the largest exchange, it doesn't mean that they can't have problems, for example with USDT or BUSD, which is a surrogate of the dollar. I wouldn't be so sure about the safety of BNB.

[Abiky]

But since the lawsuit with the SEC has been resolved, I don't believe that there's any major reason to worry at the moment. Although BNB's price has yet to recover to pre-lawsuit levels, it's still not that low to raise any major concerns. On the contrary, it might be a decent opportunity to acquire it now that it's more affordable. I've already bought some, hoping that I don't regret it in the future; however, it's very unlikely for BNB to crash, especially after a resolution is found, because that would cause a chain reaction to other altcoins and ultimately to Bitcoin, due to the excessive trading volume Binance has.

BNB is still a bargain. Prices are relatively stagnant, making it a great opportunity to buy and hold for the future. Once the US government embraces crypto with open arms, market prices will be a lot higher than what they are right now. Congress already introduced a new crypto regulatory framework, so it should only be a matter of time before the SEC softens its stance against the industry.

One thing for sure is that BNB with a huge advantage over its competitors. After all, Binance is the world's largest crypto exchange. Let's hope all goes well in the long run for BNB holders. Just my thoughts

[Ultegra134]

But since the lawsuit with the SEC has been resolved, I don't believe that there's any major reason to worry at the moment. Although BNB's price has yet to recover to pre-lawsuit levels, it's still not that low to raise any major concerns. On the contrary, it might be a decent opportunity to acquire it now that it's more affordable. I've already bought some, hoping that I don't regret it in the future; however, it's very unlikely for BNB to crash, especially after a resolution is found, because that would cause a chain reaction to other altcoins and ultimately to Bitcoin, due to the excessive trading volume Binance has.

BNB is still a bargain. Prices are relatively stagnant, making it a great opportunity to buy and hold for the future. Once the US government embraces crypto with open arms, market prices will be a lot higher than what they are right now. Congress already introduced a new crypto regulatory framework, so it should only be a matter of time before the SEC softens its stance against the industry.

One thing for sure is that BNB with a huge advantage over its competitors. After all, Binance is the world's largest crypto exchange. Let's hope all goes well in the long run for BNB holders. Just my thoughts

I also have high hopes for BNB, and to be honest, I don't see why not. Binance is currently the largest exchange, which plays a huge role in its livelihood and its distant future. While the existence of the Binance Smart Chain is vital for Decentralized finance platforms, this combination is the best of both worlds.

On the one hand, I'm surprised that BNB hasn't recovered after the resolution of the SEC lawsuit yet and has stayed pretty stagnant. On the other hand, this might be a great opportunity to acquire more, because before the lawsuit, it was worth over $320, and now it's barely at $250.

[Wakate]

It was always a wise to buy BNB, as it is one of the top altcoin. As Binance now has issues with SEC, if the things goes as XRP and SEC case, and Binance wins, it can easily gain 50% in price. And with an altcoin with such a huge market cap, that is a lot. Second having BNB and holding it on Binance exchange often give small bonuses, as crypto from participating in launchpads and launchpools.

Well, it's not the wise decision just because it's one of the to altcoins. DOGE and XRP are too, but they're not worth buying. Also, I don't think accumulating a coin that is heavily connected to the exchange is a good idea. FTX story should've reached us something.

BNB is a good altcoin own by Binance exchange but since there battle with the SEC, the value of there doing had been losing value and a lots of investors had been in panic because no one want to hold a coin that will later lose value due to fud or government sanction. It is true that the exchange had been facing big challenges and that do not mean that the price if BNB is not going to be bullish when the crypto bull come. I believe that with time, the price of BNB with shoot up and continue going high not withstanding the current challenges the exchange is passing through.