Binance: $BNB The Future of Exchanges. - page 18.

hari9981

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Quote from: Questat on February 05, 2021, 08:01:19 AM

Quote from: ghena on February 05, 2021, 06:53:48 AM

Quote from: Kitaiev on February 05, 2021, 05:28:40 AM

I believe that bnb is now very overvalued and in the next month, the price will be adjusted to 45-48 dollars. The market is cyclical, so we should be prepared for such a fall...

How it can be overvalued? BNB has made fairly 2x when DOT and ADA has made 5x
BNb has underperformed almost all top10 coins in recent months

I think it is wise to make some partial profit-not saying bnb but every coin

There's no point of debating whether BNB is overvalued or not because there's no correct answer, the only answer that will prove us right if we are making money buying and selling BNB. just take DOGE for example, some people think it's overvalued as it pump recently but some think it's still undervalued as there's a coming pump, and we can't say they are moron because they made some money on the DOGE pump.

What happen is they see it coming, we didn't /

Agree, but its difference if you compare it with Doge, BNB is better because have active team behind it, also its have some feature at Binance exchange(lower trading fees).

Questat

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Quote from: ghena on February 05, 2021, 06:53:48 AM

Quote from: Kitaiev on February 05, 2021, 05:28:40 AM

I believe that bnb is now very overvalued and in the next month, the price will be adjusted to 45-48 dollars. The market is cyclical, so we should be prepared for such a fall...

How it can be overvalued? BNB has made fairly 2x when DOT and ADA has made 5x
BNb has underperformed almost all top10 coins in recent months

I think it is wise to make some partial profit-not saying bnb but every coin

There's no point of debating whether BNB is overvalued or not because there's no correct answer, the only answer that will prove us right if we are making money buying and selling BNB. just take DOGE for example, some people think it's overvalued as it pump recently but some think it's still undervalued as there's a coming pump, and we can't say they are moron because they made some money on the DOGE pump.

What happen is they see it coming, we didn't /

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Quote from: Kitaiev on February 05, 2021, 05:28:40 AM

I believe that bnb is now very overvalued and in the next month the price will be adjusted to 45-48 dollars. The market is cyclical, so we should be prepared for such a fall...

You are dumb. BNB is lot undervalued atm. Try to research more about BNB, the function, contest, and any other things which you can do with BNB token. I believe it has a chance to hit 0.01 btc just like AAVE did on few days ago. Just matter of time until BNB hit that

ghena

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Quote from: Kitaiev on February 05, 2021, 05:28:40 AM

I believe that bnb is now very overvalued and in the next month, the price will be adjusted to 45-48 dollars. The market is cyclical, so we should be prepared for such a fall...

How it can be overvalued? BNB has made fairly 2x when DOT and ADA has made 5x
BNb has underperformed almost all top10 coins in recent months

I think it is wise to make some partial profit-not saying bnb but every coin

Kitaiev

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I believe that bnb is now very overvalued and in the next month the price will be adjusted to 45-48 dollars. The market is cyclical, so we should be prepared for such a fall...

ghena

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Quote from: mich on February 02, 2021, 04:03:30 AM

As a result of a new wave of investors swarm Binance, the Binance coin continues to break records and set new all time highs.

Article- https://www.newsbtc.com/analysis/bnb/binance-coin-sets-new-ath-as-new-user-registrations-surge/

Yes late days,seems some big whale is buying.
But still even price 60$ BNB underperforms greatly ADA,DOT,UNI,LINK
Looking 100$ price

mich

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As a result of a new wave of investors swarm Binance, the Binance coin continues to break records and set new all time highs.

Article- https://www.newsbtc.com/analysis/bnb/binance-coin-sets-new-ath-as-new-user-registrations-surge/

mich

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According to a survey done by Binance most of its crypto users see it as a long term investment.

FOMO, lack of trust in financial system and shorting for profits are main reasons

Article here- https://www.livemint.com/money/personal-finance/most-cryptocurrency-users-see-it-as-a-long-term-investment-binance-survey-11611898994947.html

coin_1122

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Quote from: edandrada on January 13, 2021, 03:34:51 PM

until after next coin burn, bnb will see easily 50 dollar.
nowadays it is best alternate for investment. cz and his team really know market conditions.

$ 50 would be very easy for BNB just $ 11 off the current price other than that if the bull run continues maybe in a few days will be achieved,I personally continue to invest in BNB because the development always looks good and interest in the market is very high of course I am sure that I will get a lot of profit at BNB

Exactly, 50$ is quite possible for BNB, because we are seeing active during from the CZ team and which the total supply is kept decreasing and utmost the value of the coin will also increase. So we need to invest in BNB whenever there is a downturn in its value and there are huge chances to cross the value of 50$.

mich

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Binance exchange has been on a Russian regulators black list up until now.

But now they have persuaded a Russian court to be removed from this list. A major victory for Binanace and its Russian user base.

https://www.coindesk.com/russian-court-takes-crypto-exchange-binance-off-website-blacklist

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Quote from: ghena on January 16, 2021, 12:55:46 PM

Actually, i am quite disappointed. BNB has clearly underperformed comparing another top10 coin except for XRP. BNB should be 100$ already
DOT has risen 200%, same ADA. BNB only 30% at that time

I have been loyal to BNB due to very nice reward system, credit card 7% cashback,and 25% from tradings discounts
Its more like divident stock with 20% yield

maybe it is understandable that you are very disappointed because it does not match the expectations you have thought so far and you are comparing it with other coins. but we cannot see from one side because maybe what happens to BNB will be different from other coins. try to compare it with coins that have not increased, of course you will be happy to receive it.

Quote from: Renampun on January 16, 2021, 01:43:24 PM

You don't be disappointed, friends, because surely BNB will be bullish...
BNB is different from other Altcoins, BNB has its own moment to be Bullish, that's the advantage of centralized coins. surely later we will see the BNB pump, so that's where the BNB holders will reap profits.

Yes, that's right, there's no need to be disappointed with what happened because BNB is also trying to look better but maybe there are times that are prepared with calculations that we don't understand because management can know and what to do. to remember BNB is a good coin because it is supported by the exchanger itself who will certainly try to keep pushing it up, be patient.

mich

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If youre holding onto BNB token you are being rewarded just 1 day before its scheduled token burn

https://cointelegraph.com/news/binance-coin-bnb-hits-a-new-all-time-high-one-day-before-its-token-burn

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Quote from: Renampun on January 16, 2021, 01:43:24 PM

Quote from: ghena on January 16, 2021, 12:55:46 PM

Actually, i am quite disappointed. BNB has clearly underperformed comparing another top10 coin except for XRP. BNB should be 100$ already
DOT has risen 200%, same ADA. BNB only 30% at that time

I have been loyal to BNB due to very nice reward system, credit card 7% cashback,and 25% from tradings discounts
Its more like divident stock with 20% yield

You don't be disappointed, friends, because surely BNB will be bullish...
BNB is different from other Altcoins, BNB has its own moment to be Bullish, that's the advantage of centralized coins. surely later we will see the BNB pump, so that's where the BNB holders will reap profits.

There is a whole exchange behind BNB. The fact is that Binance isn't some kind of Latoken, and accordingly the coin will be on the levels with this exchange. I recently used binance coin for commission and used it to invest in small companies and I can say that this coin has potential. This is not just a famous coin, but a tool with which you can perform operations. I think many people underestimate her.

Renampun

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Quote from: ghena on January 16, 2021, 12:55:46 PM

Actually, i am quite disappointed. BNB has clearly underperformed comparing another top10 coin except for XRP. BNB should be 100$ already
DOT has risen 200%, same ADA. BNB only 30% at that time

I have been loyal to BNB due to very nice reward system, credit card 7% cashback,and 25% from tradings discounts
Its more like divident stock with 20% yield

You don't be disappointed, friends, because surely BNB will be bullish...
BNB is different from other Altcoins, BNB has its own moment to be Bullish, that's the advantage of centralized coins. surely later we will see the BNB pump, so that's where the BNB holders will reap profits.

ghena

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Quote from: elisabetheva on January 16, 2021, 06:03:12 AM

Quote from: Miaallen on January 15, 2021, 10:05:30 AM

The early adopters of BNB have made a whole of their investments in multiple folds and the proposition of further burning of the coin, it will help in more. The king of all is the recently adopted Binance Smart Contract project in which BNB will be used us gas for all transactions. I believe the competitor against ethereum blockchain has arrived.

Yes, hopefully what you say will be realized sooner the better because we know that it seems that there is no good intention from ethereum to improve their gas fees, which for small bounties is of course very influential, even for each transaction, sometimes a little is left because of the gas fee. exaggerated. ethereum said it had tried to improve but even though there were changes but it was very unbalanced, if Binance could provide an alternative it would be highly anticipated. because all have tried to avoid ethereum for transactions and seek alternatives that continue to be done.

Actually, i am quite disappointed. BNB has clearly underperformed comparing another top10 coin except for XRP. BNB should be 100$ already
DOT has risen 200%, same ADA. BNB only 30% at that time

I have been loyal to BNB due to very nice reward system, credit card 7% cashback,and 25% from tradings discounts
Its more like divident stock with 20% yield

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Quote from: Miaallen on January 15, 2021, 10:05:30 AM

The early adopters of BNB have made a whole of their investments in multiple folds and the proposition of further burning of the coin, it will help in more. The king of all is the recently adopted Binance Smart Contract project in which BNB will be used us gas for all transactions. I believe the competitor against ethereum blockchain has arrived.

Yes, hopefully what you say will be realized sooner the better because we know that it seems that there is no good intention from ethereum to improve their gas fees, which for small bounties is of course very influential, even for each transaction, sometimes a little is left because of the gas fee. exaggerated. ethereum said it had tried to improve but even though there were changes but it was very unbalanced, if Binance could provide an alternative it would be highly anticipated. because all have tried to avoid ethereum for transactions and seek alternatives that continue to be done.

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The early adopters of BNB have made a whole of their investments in multiple folds and the proposition of further burning of the coin, it will help in more. The king of all is the recently adopted Binance Smart Contract project in which BNB will be used us gas for all transactions. I believe the competitor against ethereum blockchain has arrived.

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Quote from: coin_1122 on January 15, 2021, 02:17:30 AM

Exactly, now everyone is matured because based on the development activity they are investing in cryptocurrency and that's how BNB is building. Not only exchange based coin but also they are actively developing and adding a lot of products to the exchange, this will definitely the BNB coin increase its price easily.

Developing what technology exactly? Making new products is just marketing not technological development. BNB was never a new tech, it just sat on an existing tech. And is still a supermarket loyalty points system in the end (Binance is the supermarket).

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Quote from: Tervelatuk on December 22, 2020, 06:28:48 PM

Quote from: Awalt541 on December 22, 2020, 04:53:35 PM

Quote from: leea-1334 on December 22, 2020, 08:58:06 AM

Quote from: mich on December 22, 2020, 03:13:32 AM

Binance is thinking of burning more if its token BNB and reduce the overall supply. So far they have done 13 burns.
In the last burn Oct. they burned 2,253,888 BNB worth $68m. More info here- https://dailyhodl.com/2020/12/20/binance-may-soon-torch-supply-of-crypto-asset-bnb-in-accelerated-burn/

This is the problem with any centralized token IMO,,, you can keep burning them but it is like just reducing supply that can expand at any time. The perfect demonstration of supermarket loyalty points. Burning them does not make them more valuable, it just gives the illusion to crypto holders than they have more of a scarce supply (which is not at all scarce!).

In theory, things buring tokens were one way to make coin's is more valuable, with the demand and supply formula it's must work.
So far priode-priode BNB burned, BNB has increase value (don't know it's controled or not). BNB has good usability like voting even expanding to new things.

but burning token must followed by extraordinary work especially product developtment and adoption in ecosystem. burning token not enough if token of coin could not used in any ecosystem , it will not have a good value in market and investors recognized it as useless token.

Exactly, now everyone is matured because based on the development activity they are investing in cryptocurrency and that's how BNB is building. Not only exchange based coin but also they are actively developing and adding a lot of products to the exchange, this will definitely the BNB coin increase its price easily.

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