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Author Topic: Bnb after next 5years  (Read 1173 times)
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November 24, 2023, 01:15:40 PM
 #141

CZ stepped down as CEO due to the ongoing investigation by the US government. They've told the exchange to pay a $4B fine. This will have a severe impact over BNB's market price. It could be either the beginning of the end for the "crypto empire", or all the other way around. It's too risky to get into either BNB or BUSD these days.
Personally, I think CZ is an important person for bitcoin and crypto due to his enthusiastic support. Therefore, resigning from the CEO position at Binance, more or less, brings many feelings of fear and worry for the future development of BNB as well as the Binance exchange. However, I disagree if it is a sign of the demise of BNB and Binance. While DEX exchanges have not yet surpassed awareness and popularity, Binance is still a truly necessary and reliable bridge. In addition, Richard Teng's statements also bring a lot of peace of mind, even though Binance's development path will face many difficulties and changes in the future. But I think that BNB is still a worthy choice for long-term investment. Maybe the development of BNB will be more promising. That could be a big increase. Accumulating BNB is being included in many people's plans, including me Wink

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November 24, 2023, 02:40:28 PM
 #142

Yes for long time investment bnb coin best for all investors even this token price will increasing in the future. But if hacker community will attack again then they can face big problem with all holders. I couldn’t tell everyone for the next 5 years about bnb coin price movement. The price may down or up It's totally depends one the market demand. 
Over the years of its operation, the exchange has formed a special fund in case of hackers or other leaks of funds. In this regard, the exchange has a reputation; remembering world problems such as earthquakes or floods, the exchange has always allocated funds for the victims, this indicates that the exchange has a good margin of safety. In addition, their main asset is truly attractive for investment.

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November 24, 2023, 06:39:39 PM
 #143

With the recent propaganda that happened with binance and CZ, I would like to argue about the future of the BNB coins although I would say BNB has always been my choice when it comes to paying for so many things online but the purpose of saving I won't really count it a choice I would prefer over the USDT and that's because of the rate at which my country currency devalues so fast against the USD, over the few months if I had held some USDT I would have gotten some profits from it, at least double of the money I would have used For the investment.
I am not sure if Binance will get worse without CZ, I mean it could get better too. It's "basically" decentralized now, not the exchange but the company itself. Of course the exchange is still centralized, that did not change, but there was a huge huge figure like CZ at the top, and it would be nearly impossible to go against what he wished, whereas the new CEO will be easily argued against because if anything goes wrong, whoever is the one that fires that person, maybe the board of directors, then he would be fired.

This means that they will be a better company because one person could make a mistake just because they want to do something, whereas if we are talking about something bigger, then it could definitely reach to a new level. This is important and should be the key factor when thinking about the future of binance and of course in relation to that BNB as well. I believe the future looks brighter for them, if they can use this well enough of course.

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November 24, 2023, 09:28:34 PM
 #144

Bnb is a long-term investment instrument in my opinion.  However, after several major cases involving the Binance exchange, I am a little worried about what the future holds for BNB

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November 24, 2023, 10:51:53 PM
 #145

I didn't also thought that BNB would be great as what it is now. But with the sudden changes of CZ stepping down and being replaced by a new CEO. We don't know what's going to be on it for the next 5 years.
However, I'm still thinking of being positive with it and I think that there's still more for BNB to grow and its mother exchange and business of course.
But with decisions that can come from its new CEO can wholly change its course so it depends. Regardless of that, I'll still hold for some of my BNBs and will wait for the bull run and might sell it at a perfect price.



 

 

 

 

 

 


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November 26, 2023, 04:01:30 PM
 #146

Yes for long time investment bnb coin best for all investors even this token price will increasing in the future. But if hacker community will attack again then they can face big problem with all holders. I couldn’t tell everyone for the next 5 years about bnb coin price movement. The price may down or up It's totally depends one the market demand. 
Over the years of its operation, the exchange has formed a special fund in case of hackers or other leaks of funds. In this regard, the exchange has a reputation; remembering world problems such as earthquakes or floods, the exchange has always allocated funds for the victims, this indicates that the exchange has a good margin of safety. In addition, their main asset is truly attractive for investment.
I still think that years of operation will be nothing if they suddenly go bad. See what happened to other old exchanges and their coins? They are also no more now. So, we should not be fully confident and put all of our trust in to some thing. And haven't you heard of the latest issue of Binance?

We don't know what if that special fund you are talking about are going to be used to pay those fines Binance are facing now. World problem is not a problem of the exchange anymore but it's great on how they acted generously to help those people who are affected with it. I heard there are now earth quakes and other deadly calamities that occurred lately. It's only sad though that Binance may not help them for a while.

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November 27, 2023, 12:35:28 PM
 #147

I am not sure if Binance will get worse without CZ, I mean it could get better too. It's "basically" decentralized now, not the exchange but the company itself. Of course the exchange is still centralized, that did not change, but there was a huge huge figure like CZ at the top, and it would be nearly impossible to go against what he wished, whereas the new CEO will be easily argued against because if anything goes wrong, whoever is the one that fires that person, maybe the board of directors, then he would be fired.

This means that they will be a better company because one person could make a mistake just because they want to do something, whereas if we are talking about something bigger, then it could definitely reach to a new level. This is important and should be the key factor when thinking about the future of binance and of course in relation to that BNB as well. I believe the future looks brighter for them, if they can use this well enough of course.

CZ was the founder and CEO of Binance. This gave him a lot of power within a short amount of time. After his departure, Binance will become less centralized. Still, CZ can pull the strings "behind the scenes" to guide the future direction of the company. The new CEO has experience in the financial sector, so it's likely Binance will be working more closely with regulators in the future.

Unfortunately, current events will force the exchange to leave the US market for good. This leaves US customers with fewer alternatives. Hopefully, the US government will ease regulations in the long run for the healthy growth of the crypto/Blockchain industry. BNB has entered "uncharted waters", so I'd advise you to proceed with caution just to be safe. Smiley

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November 27, 2023, 02:00:53 PM
 #148

I didn't also thought that BNB would be great as what it is now. But with the sudden changes of CZ stepping down and being replaced by a new CEO. We don't know what's going to be on it for the next 5 years.
However, I'm still thinking of being positive with it and I think that there's still more for BNB to grow and its mother exchange and business of course.
But with decisions that can come from its new CEO can wholly change its course so it depends. Regardless of that, I'll still hold for some of my BNBs and will wait for the bull run and might sell it at a perfect price.

Many people thinking that current regulatory issue of Binance will have a bad impact on the Binance future. Old CEO Changpeng Zhao end job of CEO which is spreading everywhere.. BNB is also affected because of this reason.. I think this news will become Binance more stronger than before..FTX totally down and crashed when faced liquidity issue. XRP also down after SEC allege..Binance is still standing very strong after so many bad news.

Busd the main stable coin faced issue and Binance team find alternative; CEO resigned and Binance team found alternative which mean Binance has strong team which will not give up easily.. This is very short term fud which will be end very soon and we will BNb back in the action more stronger..I think this is the right time to hold as much bnb we can and maybe we couldn't get it on current price.

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November 29, 2023, 12:36:51 PM
 #149

Many people thinking that current regulatory issue of Binance will have a bad impact on the Binance future. Old CEO Changpeng Zhao end job of CEO which is spreading everywhere.. BNB is also affected because of this reason.. I think this news will become Binance more stronger than before..FTX totally down and crashed when faced liquidity issue. XRP also down after SEC allege..Binance is still standing very strong after so many bad news.

Busd the main stable coin faced issue and Binance team find alternative; CEO resigned and Binance team found alternative which mean Binance has strong team which will not give up easily.. This is very short term fud which will be end very soon and we will BNb back in the action more stronger..I think this is the right time to hold as much bnb we can and maybe we couldn't get it on current price.

I don't think Binance will be going anywhere, especially when CZ complied with the US government (by paying $4.3B). The company will now work closely with the regulators to prevent another situation like this from happening in the future. We should expect BNB to take a hit within the short term, only to recover after the dust settles. If things go well, we should expect BNB to reach a new ATH within the next 5 years. It wouldn't hurt to buy BNB while it's still "cheap".

What does BNB have to lose anyways? As long as Binance is still the largest crypto exchange in the world, don't expect BNB to lose its position on the market anytime soon. Just my thoughts Grin

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November 29, 2023, 01:47:56 PM
 #150

I see there are many advantages here, Binance is the largest centralized exchange at the moment, and the projects that Binance is looking at are also experiencing good increases and their performance too.
I think if this continues bnb will continue to grow.
but 5 years is quite a long time for crypto because anything can happen.
Because Binance was born in 2017 and then rose to become a top exchange in just a few years, maybe there will be something similar in the next 5 years.
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November 30, 2023, 05:56:22 PM
 #151

I didn't also thought that BNB would be great as what it is now. But with the sudden changes of CZ stepping down and being replaced by a new CEO. We don't know what's going to be on it for the next 5 years.
However, I'm still thinking of being positive with it and I think that there's still more for BNB to grow and its mother exchange and business of course.
But with decisions that can come from its new CEO can wholly change its course so it depends. Regardless of that, I'll still hold for some of my BNBs and will wait for the bull run and might sell it at a perfect price.
I'll be totally honest about this, no matter how the guy is or how many accusations they've put on him and called him many names and whatever, Binance doesn't feel as strong as it used to be when it was in the hands of CZ, and though I wish that it stays on the top of the list of centralized cryptocurrency exchanges, things might not be the same as they used to be. However, I hope that the new CEO can manage things very well without any problems make the platform move forward with better intent, and provide the best services as always.

The faith of BNB is, without a doubt, dependent on the success or failure of Binance. Even if it doesn't become a complete failure and only loses a lot of market value and trust among its users, that will greatly affect the price of BNB because people will stop buying and start selling their BNBs.

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December 01, 2023, 12:48:51 AM
 #152

I see there are many advantages here, Binance is the largest centralized exchange at the moment, and the projects that Binance is looking at are also experiencing good increases and their performance too.
I think if this continues bnb will continue to grow.
but 5 years is quite a long time for crypto because anything can happen.
Because Binance was born in 2017 and then rose to become a top exchange in just a few years, maybe there will be something similar in the next 5 years.
dont forget the fact that binance is closing some of it services across some country, I think binance already lost big market capital from their platform as well as some trading volume.
5 years in cryptocurrency time is quite long time anything can happen some other exchange might replace binance like for example bybit that currently trending, i think there might be some change around the top exchanges.
but with the case of BNB im not really thinking that this coin might even be that big in the future. it could probably still increase but there are many things need to be considered with this coin.
considering that binance have faced some legal problems this last few months i think many people will also be hesitant to invest into this coin for some reasons.

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March 02, 2024, 07:49:55 PM
 #153

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?


bnb is still very worthy to buy for the long term with the fud that is on the internet bnb still survives to this day, that's the reason bnb is increasing every year and is the top 3 most invested coins based on market cap and binance is the largest exchange number 1 to Currently that's the reason I buy a bnb for the long term

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March 02, 2024, 11:34:57 PM
 #154

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?

BNB Coin peaked after 2020 halving i.e. in 2021. It went up to about $700, now it has come down to $200 in January 2023. This resulted in massive updowns, yet investors were expecting the BNB coin price to rise.  It currently has a price of up to $410, and if this increases, the BNB coin price will touch $500 before the halving.

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March 03, 2024, 12:27:42 AM
 #155

I see there are many advantages here, Binance is the largest centralized exchange at the moment, and the projects that Binance is looking at are also experiencing good increases and their performance too.
I think if this continues bnb will continue to grow.
but 5 years is quite a long time for crypto because anything can happen.
Because Binance was born in 2017 and then rose to become a top exchange in just a few years, maybe there will be something similar in the next 5 years.
the thing with coin that have high market cap usually they could hardly lost their position if they keep innovating since day 1 same with BNB i think they have made some really good decision wiht the presence of opBNB and so on, literally making their blockchain better and better I mean even without the existence of layer 2 their blockchain already cheap enough but they just went on and create layer 2 because why not i think thats commendable in my opinion at least they followed the trend and I can see why the position they are having will stay like this for another 5 years.
but the thing is that we shouldn't undermine the fact that these BNB price heavily influenced by binance, we all know that binance is becoming the target for many lawsuit and this could definitely somehow influence the coin to be undervalued at some point.
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?

BNB Coin peaked after 2020 halving i.e. in 2021. It went up to about $700, now it has come down to $200 in January 2023. This resulted in massive updowns, yet investors were expecting the BNB coin price to rise.  It currently has a price of up to $410, and if this increases, the BNB coin price will touch $500 before the halving.

surely at this rate they will eventually reached their all time high, its kinda obvious.
but I think it might also go beyond their all time high. because simply put, we are still not in altcoin season yet the price is already well more than half of its previous all time high.

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March 05, 2024, 01:12:58 AM
 #156

We usually mean 5 years from now until the halving in 2028. By the 2024 halving, we could see BNB up to at least $1,000. So in 2028  Halving in the next five years we will have a high probability of Bitcoin touching at least $2000. Because Bitcoin, Ethereum, BNB Coin are the three that grow the most.

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