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Author Topic: Bnb after next 5years  (Read 1175 times)
tvplus006
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October 30, 2023, 09:58:29 PM
 #101

Obviously, such a question is also of interest to Changpeng Zhao, whose fortune in 2022 was estimated at $96.6 billion, and now, according to Bloomberg, is only $17.3 billion. And the main reason for this is that CZ is the largest holder of BNB coins and probably knows that you should not rush to sell your coins.

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November 01, 2023, 03:25:14 PM
 #102

Obviously, such a question is also of interest to Changpeng Zhao, whose fortune in 2022 was estimated at $96.6 billion, and now, according to Bloomberg, is only $17.3 billion. And the main reason for this is that CZ is the largest holder of BNB coins and probably knows that you should not rush to sell your coins.

Regulators weighting in on Binance, has made the game more difficult for CZ. Especially the US' SEC with its aggresive stance against crypto. This has negatively impacted market prices for BNB. Unless the SEC stands down, don't expect the cryptocurrency to gain traction anytime soon. Despite the recent turbulence, Binance is still the largest crypto exchange in the world.

I believe CZ can recover his fortune once the market turns bullish again. Friendly crypto regulations will allow him to expand his company's operations even further. It would be wise to buy BNB now while it's cheap before the huge "pump". Who knows if in the next 5 years BNB finally gets past $1k? Just my thoughts Grin

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November 07, 2023, 02:55:53 AM
 #103

Obviously, such a question is also of interest to Changpeng Zhao, whose fortune in 2022 was estimated at $96.6 billion, and now, according to Bloomberg, is only $17.3 billion. And the main reason for this is that CZ is the largest holder of BNB coins and probably knows that you should not rush to sell your coins.

Regulators weighting in on Binance, has made the game more difficult for CZ. Especially the US' SEC with its aggresive stance against crypto. This has negatively impacted market prices for BNB. Unless the SEC stands down, don't expect the cryptocurrency to gain traction anytime soon. Despite the recent turbulence, Binance is still the largest crypto exchange in the world.

I believe CZ can recover his fortune once the market turns bullish again. Friendly crypto regulations will allow him to expand his company's operations even further. It would be wise to buy BNB now while it's cheap before the huge "pump". Who knows if in the next 5 years BNB finally gets past $1k? Just my thoughts Grin
CZ isn't giving up, which is the main thing and is what makes people stay optimistic about the future of BNB because as long as Binance stands tall, BNB will have the potential to come out from all these difficulties and finally start gaining value again. If the SEC becomes successful and compels CZ and Binance to give up and let the SEC win, BNB will have to suffer the consequences of being the utility coin of the platform, and there will be no surviving for it then.

So, at the end of the day, the faith of BNB is bound with the success of Binance in the future. If it manages to maintain its position and stays the top centralized exchange of the industry, BNB will gain traction once again, but if things go the other way around, I'm afraid BNB investors and holders, including CZ himself, will have to suffer.

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November 07, 2023, 07:56:22 AM
 #104

looking at the journey of BNB till now, the potential looks promising. Since the gas fee is vey low, many projects are preferring BSC blockchain over ETH and other networks. Also I see the userbase of Binance is huge and increasing day by day. As per the technical analysis, BNB may touch $400 by this year end. And if no negative news for Binance, it should be around thousand bugs in coming years. Since The price of BNB is dependent on exchange, any hacking or regulation related news may drag the price downwards to a great extent. I am also holding few BNBs in my portfolio and would like to hold for long term and grab the chance to accumulate if it drops extensively.
if binance are going to break 400 dollars this year meaning BNB will climb more than what Bitcoin does? from 250Dollars now means that is 60-70% increase before the year of 2023 ends .
but looking at it, it is not just about the intensity of the bad news but also how bitcoin will grow that the exchange coin prices will increase.
if you are already holding BNB in your folio then there is no reason why you need to feel worry because looks like you bought when the price is in low so holding till it reached thousand will make you multiple times richer.

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November 07, 2023, 12:15:15 PM
 #105

if binance are going to break 400 dollars this year meaning BNB will climb more than what Bitcoin does? from 250Dollars now means that is 60-70% increase before the year of 2023 ends ...

I don't understand your optimism) Due to what can the price of BNB increase to $ 400 by the end of 2023? There is an assumption that CZ should provide some kind of mysterious announcement on November 8, but I don't think this will directly affect the price of BNB, although in recent days the price of the coin has already increased noticeably on these rumors.

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November 08, 2023, 05:23:14 AM
 #106

In the next 5 years we will not see BNB prices below $1k, so now is the cheapest BNB price you can buy before the bullrun occurs, therefore don't miss the current opportunity to buy BNB at a cheap price, because I'm sure when the bullrun occurs, then the price of BNB will increase by at least $3k and during the correction after the bullrun, the price of BNB will never reach below $1k, so this is our opportunity to be able to invest in BNB at a cheap price (under $1k).
Hope your mirror ball will take effect and yes Binance coin will not fall below 1k after that 5 years period because that will
truly hurt all BNB investors that had been waiting for such a time.we are now again coming to bullrun(if the market goes like what it does in the
previous Halving) so I expect that for a chance BNB will cross 1k and hope to stay there completely , but what about the problem they are
facing now towards US, SEC? does this situation will not effect the complete growth of the coin ? or we are looking towards like what happened
in ripple recent years?
well I am also a small investor of binance as I keep using their exchange and I think it is best for me interest to have them inside my folio.

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November 08, 2023, 11:00:24 AM
 #107

CZ isn't giving up, which is the main thing and is what makes people stay optimistic about the future of BNB because as long as Binance stands tall, BNB will have the potential to come out from all these difficulties and finally start gaining value again. If the SEC becomes successful and compels CZ and Binance to give up and let the SEC win, BNB will have to suffer the consequences of being the utility coin of the platform, and there will be no surviving for it then.

So, at the end of the day, the faith of BNB is bound with the success of Binance in the future. If it manages to maintain its position and stays the top centralized exchange of the industry, BNB will gain traction once again, but if things go the other way around, I'm afraid BNB investors and holders, including CZ himself, will have to suffer.

Considering that the SEC didn't appeal Grayscale's victory in the court, it's likely they will give the green light to a spot Bitcoin ETF soon. I also believe the SEC will now be less "aggresive" against crypto exchanges, paving the way for Binance to rise all the way to glory. If that happens, BNB's market prices will soar like crazy. Many speculators told us BNB would reach a price of $1k in the future. And let me tell you, they are not wrong. Especially when Binance is the world's #1 crypto exchange.

In 5 years time (or less), BNB could reach that milestone and more. The sky is the limit to how far the cryptocurrency can go. Being compatible with the EVM, does brings its benefits. Who knows if BNB goes all the way towards becoming the third-largest crypto by market cap soon? Just my thoughts Grin

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November 09, 2023, 05:40:08 AM
 #108

Binance would have the option to keep up with out its standing and fame then we can expect that BNB cost would truly be could possibly build its cost considerably more contrasting with now, BNB may ready to arrive at one more all time high again once the cost of bitcoin will break another record. It's simply matter of time.

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November 11, 2023, 12:06:26 AM
 #109

even though this coin have such huge market capitalization but never once i even have the mind of investing it around this "soon-to-be" bullrun, and even the market sentiment is showing just that.
the coin itself just keep stagnating and even BUSD is nowhere to be seen, idk, but the performance of anything related to BNB has been quite ugly right now.
even the shitcoin ftt fare well in this market than BNB, right now there are many better coin than BNB out there in the market that it actually make me concerned about the future of BNB
whether it could still hold its market capitalization in the next bullrun but i guess even though the price just climbing up slowly it could mean that this coin still relevant.

Binance would have the option to keep up with out its standing and fame then we can expect that BNB cost would truly be could possibly build its cost considerably more contrasting with now, BNB may ready to arrive at one more all time high again once the cost of bitcoin will break another record. It's simply matter of time.
we'll see whether BNB even gonna move around this bullrun since previous bullrun there's nothing special about BNB.

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November 11, 2023, 10:07:56 AM
 #110

if binance are going to break 400 dollars this year meaning BNB will climb more than what Bitcoin does? from 250Dollars now means that is 60-70% increase before the year of 2023 ends ...

I don't understand your optimism) Due to what can the price of BNB increase to $ 400 by the end of 2023? There is an assumption that CZ should provide some kind of mysterious announcement on November 8, but I don't think this will directly affect the price of BNB, although in recent days the price of the coin has already increased noticeably on these rumors.
November 8 had passed and yes there is no effect in Binance means there is a direct connection in the price so maybe we need to wait more time before we can see another climb for BNB.
Binance would have the option to keep up with out its standing and fame then we can expect that BNB cost would truly be could possibly build its cost considerably more contrasting with now, BNB may ready to arrive at one more all time high again once the cost of bitcoin will break another record. It's simply matter of time.
every coin has the potential to cross another ATH  but this will not happen any time soon this year instead expected next year if not 2025.

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November 11, 2023, 05:41:32 PM
 #111

Binance would have the option to keep up with out its standing and fame then we can expect that BNB cost would truly be could possibly build its cost considerably more contrasting with now, BNB may ready to arrive at one more all time high again once the cost of bitcoin will break another record. It's simply matter of time.

No matter how great Binance's fundamentals are, no matter how cool the project is, still if the Binance platform is slammed or there are hackers or something, then BNB will be hit hard, just like FTX. But until now the Binance Platform is fine and there have been many problems with the SEC recently. Binance has been able to get through it, of course BNB has good prospects for the future.

BNB is very rarely talked about in terms of crypto investment, more often what we talk about are tokens that run on the BSC network. Without realizing it, that's actually where the utility of BNB is and proves the widespread adoption of BNB, in other words, BNB has great potential for crypto investment.

R


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November 13, 2023, 01:14:06 PM
 #112

even though this coin have such huge market capitalization but never once i even have the mind of investing it around this "soon-to-be" bullrun, and even the market sentiment is showing just that.
the coin itself just keep stagnating and even BUSD is nowhere to be seen, idk, but the performance of anything related to BNB has been quite ugly right now.
even the shitcoin ftt fare well in this market than BNB, right now there are many better coin than BNB out there in the market that it actually make me concerned about the future of BNB
whether it could still hold its market capitalization in the next bullrun but i guess even though the price just climbing up slowly it could mean that this coin still relevant.

BNB has lost its luster because of the SEC "getting behind its tail". Investors are more interested in crypto assets with a favorable stance towards the US regulatory agency. You can see why XRP surged in price after the SEC lost its battle in the court. A victory for Binance as well, would have a positive effect over BNB's market price. As far as BUSD is concerned, the issuing company (Paxos) stopped adding new units into circulation because of fears from the SEC. It is now focusing on its other stablecoin product endorsed by PayPal (which is called PayPal USD).

Without momentum for Binance, don't expect BNB to go anywhere soon. Considering that the exchange is still the largest one in the world, there's a high chance BNB will reach $1k in the future. It could be 5 years from now, or even a decade. The crypto market is unpredictable, so I'd suggest you proceed with caution to avoid losing it all in an instant. Smiley

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November 13, 2023, 01:23:17 PM
 #113

I would like to short BNB. Can I do that anywhere (except Binance obviously, I'm betting on them going the "FTX" way)? eToro offers a CFD, but I'm afraid as soon as shit gets serious they pull out... Does anybody know of a better way? Thanks!
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November 13, 2023, 07:04:14 PM
 #114

I would like to short BNB. Can I do that anywhere (except Binance obviously, I'm betting on them going the "FTX" way)? eToro offers a CFD, but I'm afraid as soon as shit gets serious they pull out... Does anybody know of a better way? Thanks!

You can short BNB on any exchange that supports the coin. What is the problem? Are you having issues finding the right markets or something?

Check out these sources:
https://www.coingecko.com/en/coins/bnb#markets
https://coinmarketcap.com/currencies/bnb/#Markets

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November 13, 2023, 11:30:14 PM
 #115

I would like to short BNB. Can I do that anywhere (except Binance obviously, I'm betting on them going the "FTX" way)? eToro offers a CFD, but I'm afraid as soon as shit gets serious they pull out... Does anybody know of a better way? Thanks!

You can short BNB on any exchange that supports the coin. What is the problem? Are you having issues finding the right markets or something?

Check out these sources:
https://www.coingecko.com/en/coins/bnb#markets
https://coinmarketcap.com/currencies/bnb/#Markets


Thanks for the sources, I really wasn't aware of that... What would you say is the most trust able amongst the hundreds and hundreds of exchanges I've never heard of? I am aware that poloniex already exist a long time, huobi as well - don't know about the rest. Kucoin and gate.io maybe? Cheers!
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November 14, 2023, 06:48:50 PM
 #116

Few years ago, didn’t though that bnb could reach such milestone as it is 3rd most invested altcoin in crypto world. But most of exchange tokens are fall down for being useless (only use for discounting exchange fee) as well as after exchange get hacked. So what do you think about bnb in next 5years?
Is it really worth for long investment?  Will it increase like ether or become dump like others exchange coins?

Looking at its recent move it will be next Ethereum I think, not going so far for Bitcoin, but still we can expect it to be a place of Ethereum as it is moving slowly up and steadily up but when it goes down it is not far down it is also going slowly down which is quite a better thing I have ever noticed in a coin which is BNB. As BNB have its own specialties so we can also think it can reach to new ATH very faster than our expectation.
Second thing is BNB prices is now 241$ which is better at this stage, next when the bull run came we can see BNB above 1000$ very soon and it is not difficult for the BNB at all because we have recently see its pump which tends it to go 400$. Still we can expect more from it.

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November 14, 2023, 08:47:24 PM
 #117

I would like to short BNB. Can I do that anywhere (except Binance obviously, I'm betting on them going the "FTX" way)? eToro offers a CFD, but I'm afraid as soon as shit gets serious they pull out... Does anybody know of a better way? Thanks!

You can short BNB on any exchange that supports the coin. What is the problem? Are you having issues finding the right markets or something?

Check out these sources:
https://www.coingecko.com/en/coins/bnb#markets
https://coinmarketcap.com/currencies/bnb/#Markets


Thanks for the sources, I really wasn't aware of that... What would you say is the most trust able amongst the hundreds and hundreds of exchanges I've never heard of? I am aware that poloniex already exist a long time, huobi as well - don't know about the rest. Kucoin and gate.io maybe? Cheers!
Basing up on what you had asked out about on most trusted then it would be basically be basing into their liquidity or simply on the volume.
You could always check out the rankings on here too.

https://coinmarketcap.com/rankings/exchanges/
https://www.coingecko.com/en/exchanges

Links above given by Stalker22 are for BNB current markets. In overall or in zooming out then having that huge volume does
indicate demand on which you could clearly see on what platforms on getting those top positions or picks.
You could choose on which one you would be seeing that fits on your taste.


Going back into the topic about BNB's future for the next 5 years? No one really knows on what would happen. If Binance would really be able to retain their way of handling the business
and dont be able to face up some major issues or exploits then they might be lasting up even more that 5 years into this market but well nothing is assured.

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November 14, 2023, 09:34:16 PM
 #118

~

Thanks for the sources, I really wasn't aware of that... What would you say is the most trust able amongst the hundreds and hundreds of exchanges I've never heard of? I am aware that poloniex already exist a long time, huobi as well - don't know about the rest. Kucoin and gate.io maybe? Cheers!

Honestly, I cannot say I would fully vouch for any centralized exchange as completely trustworthy these days.  Just look at FTX case - a year or so ago it seemed rock solid, now its gone bust.  Of the ones you mentioned, they have been around a decent while which is a good sign.  You probably wont have issues there, but even so best not to take too many risks no matter where you trade.  Best to keep the coins in your private wallet until the moment you want to sell them.

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November 15, 2023, 01:07:07 AM
 #119

Binance would have the option to keep up with out its standing and fame then we can expect that BNB cost would truly be could possibly build its cost considerably more contrasting with now, BNB may ready to arrive at one more all time high again once the cost of bitcoin will break another record. It's simply matter of time.

No matter how great Binance's fundamentals are, no matter how cool the project is, still if the Binance platform is slammed or there are hackers or something, then BNB will be hit hard, just like FTX. But until now the Binance Platform is fine and there have been many problems with the SEC recently. Binance has been able to get through it, of course BNB has good prospects for the future.

BNB is very rarely talked about in terms of crypto investment, more often what we talk about are tokens that run on the BSC network. Without realizing it, that's actually where the utility of BNB is and proves the widespread adoption of BNB, in other words, BNB has great potential for crypto investment.
Every exchange is prone to hackers mate and we cannot deny that  but so far Binance is standing strong
 about those attacks (of course nothing is permanent and there might be bad happen in the future as hackers are really good at their business)
and also the best way is never to let your funds remain in exchange for long , if you are willing to invest
 then better to use different wallets and not to let it inside Binance exchange so if ever there is hacking ,
the price might drop bad but your holding will be safer inside your wallet/pocket.

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November 16, 2023, 02:01:45 AM
 #120

The future of BNB is something to worry about. BUSD will be off the market very soon, what will be the next exit for Binance chain project because some governments are after him. At the moment the blockchain company is one of the best chain in the market and has build such a strong business empire around the brand with many decentralized exchange, top CEX, BNB transaction numbers and the rest
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