Binance price prediction for 2020 | Bitcointalksearch.org

Mahanton

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Quote from: beerlover on February 07, 2020, 09:49:51 AM

BNB wasn't BNB because of IEO, sure there was a lot of reason to buy it and use it during those days but the reason why it was created is not really for use of IEO at all. The more things BNB is used for the higher the price will go and that is why IEO was a good example why Binance should find a reason to get people to use BNB.

However, in a scenario where BNB is never used for anything else, there are more and more trades and volume on binance every single day, there isn't a single day where nobody trades on binance, every day millions of dollars changes hands there which means they will get trading fee and many of those traders uses BNB for trading fee payment as well. So all in all the need for BNB will never be gone, it could shrink but will never be gone.

As long it Binance exchange is still operating their BNB coin of theirs will surely exist and would be used no matter what.Its hard to believe that it would lost its value earlier than into its platform itself.

We cant conclude though on what would be its price for 2020 but if bull run start of this year then this coin will go to the same path yet theres a significant demand and usage once again.

For now if you do have the money to spend or invest on BNB then its still a good choice but at least you should always consider when it comes to risk factor.

beerlover

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BNB wasn't BNB because of IEO, sure there was a lot of reason to buy it and use it during those days but the reason why it was created is not really for use of IEO at all. The more things BNB is used for the higher the price will go and that is why IEO was a good example why Binance should find a reason to get people to use BNB.

However, in a scenario where BNB is never used for anything else, there are more and more trades and volume on binance every single day, there isn't a single day where nobody trades on binance, every day millions of dollars changes hands there which means they will get trading fee and many of those traders uses BNB for trading fee payment as well. So all in all the need for BNB will never be gone, it could shrink but will never be gone.

WalkerIVIV

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Quote from: Barbut on February 06, 2020, 08:49:00 AM

Quote from: fullhdpixel on February 06, 2020, 02:13:54 AM

Quote from: Russlenat on February 05, 2020, 06:59:23 AM

Quote from: ?? on ??

I think the price of BNB will reach around the price of $ 30, and most precisely, the price can be above the price of $ 25. for now, BNB prices may reach $ 20, when crypto prices start rising again. maybe before the end of the month of February, the price of the BNB will be close to $ 20.

if it was able to reach that price last year and BNB made a new ATH, it would be possible this year since it looks like we are slowly stepping into a bull market. BNB ATH was $39+, (close to $40) so maybe the next target would be $50 usd and I believe it will be easy to achieve as BNB still has more room to grow.

Even now the price is much close to $19 so the first target which you mentioned might be not that difficult for binance to reach. They already have a huge number or registrations each day and that is what deriving the price on a greater price range. That time is not too far when we could see BNB price above $20.

I remember when the price was been traded on much smaller price gap and that time not most of the investors trusted BNB coin but now as the coin is showing us significant growth, we could trust the coin for short term profit. For long term, we surely would at least gain 70% margin so this seems a good coin to invest into so far.

On some exchanges, Binance Coin is already over $20, more than 6% up today. We don't know what BNB is capable of. With just a $39 all-time high price we can assume that BNB will make a new ATH price very soon, probably this year. I think it's possible BNB to hit $100, that wouldn't surprise me. This year only started, there is a lot of time and free space ahead of us, one thing is sure, BNB is a great coin for long term investing.

The latest increase of binance caused by the surge in the bitcoin price. I may think if that will stagnant when bitcoin doesn't give a bullish trend. Ethereum is also increasing more than binance coin.
We will see that how binance will be working to bring another utility usage to the binance coin.

Japinat

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Quote from: kaneki007 on February 06, 2020, 06:44:32 PM

I disagree if BNB only touches the price of 24 $ at the end of this year and it seems like it's a little impossible if it only increases as much as 85% in a year, because we know everything if BNB ever touched ATH when the bear market happened last year. I think if a bullrun occurs it will probably hit the price 40$ back or even more.

That's what I believe also, BNB had its ATH last year when majority of the altcoins are still suffering, like ETH, it does not have a growth last year since it still stays at $100+ price. So, if the market is bullish, we can expect that BNB will have better growth compared to last year,... let's believe that it will happen so we will continue to hold.

kaneki007

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I disagree if BNB only touches the price of 24 $ at the end of this year and it seems like it's a little impossible if it only increases as much as 85% in a year, because we know everything if BNB ever touched ATH when the bear market happened last year. I think if a bullrun occurs it will probably hit the price 40$ back or even more.

slaman29

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Quote from: Russlenat on February 05, 2020, 06:59:23 AM

if it was able to reach that price last year and BNB made a new ATH, it would be possible this year since it looks like we are slowly stepping into a bull market. BNB ATH was $39+, (close to $40) so maybe the next target would be $50 usd and I believe it will be easy to achieve as BNB still has more room to grow.

Bull market for actual crypto maybe, but I wouldn't be too quick to call BNB an actual crypto. I mean, think about it. What's the BNB tech? Or security? Or utility (other than on BNB itself?). Answer is nothing, nothing, nothing. It's not even worth overtaking for any reason, what's the point?

$40 may happen of course, but that's probably when BTC is 100k.

carlisle1

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Quote from: Russlenat on February 05, 2020, 06:59:23 AM

Quote from: ?? on ??

I think the price of BNB will reach around the price of $ 30, and most precisely, the price can be above the price of $ 25. for now, BNB prices may reach $ 20, when crypto prices start rising again. maybe before the end of the month of February, the price of the BNB will be close to $ 20.

if it was able to reach that price last year and BNB made a new ATH, it would be possible this year since it looks like we are slowly stepping into a bull market. BNB ATH was $39+, (close to $40) so maybe the next target would be $50 usd and I believe it will be easy to achieve as BNB still has more room to grow.

something close to that i think,i have some BNB still sitting in my folio and i am waiting for at least $50 value or more so if the New ATH will be that value then i will be adding some BNB before the halving happens?
there are many good news i have been reading this past weeks about BNB so it is reasonable to purchase some few volume so i will not feel bitter next pump.

stomachgrowls

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Quote from: jarhed on February 04, 2020, 12:09:55 PM

BNB is a promising coin, but it clearly will not be able to grow to the level that he had during the popularity of IEO projects.

I agree to this one, i dont see anything that will spark out or hype BNB once again and as you said after that IEO thing.

If they would able to make something new and just continue on giving out their good service and avoid another hacking incident
then they might really able to sustain their own exchange coin.

For now it still holding well but nothing is assured in talks of future yet we know that nothing last forever.

Barbut

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Quote from: fullhdpixel on February 06, 2020, 02:13:54 AM

Quote from: Russlenat on February 05, 2020, 06:59:23 AM

Quote from: ?? on ??

I think the price of BNB will reach around the price of $ 30, and most precisely, the price can be above the price of $ 25. for now, BNB prices may reach $ 20, when crypto prices start rising again. maybe before the end of the month of February, the price of the BNB will be close to $ 20.

if it was able to reach that price last year and BNB made a new ATH, it would be possible this year since it looks like we are slowly stepping into a bull market. BNB ATH was $39+, (close to $40) so maybe the next target would be $50 usd and I believe it will be easy to achieve as BNB still has more room to grow.

Even now the price is much close to $19 so the first target which you mentioned might be not that difficult for binance to reach. They already have a huge number or registrations each day and that is what deriving the price on a greater price range. That time is not too far when we could see BNB price above $20.

I remember when the price was been traded on much smaller price gap and that time not most of the investors trusted BNB coin but now as the coin is showing us significant growth, we could trust the coin for short term profit. For long term, we surely would at least gain 70% margin so this seems a good coin to invest into so far.

On some exchanges, Binance Coin is already over $20, more than 6% up today. We don't know what BNB is capable of. With just a $39 all-time high price we can assume that BNB will make a new ATH price very soon, probably this year. I think it's possible BNB to hit $100, that wouldn't surprise me. This year only started, there is a lot of time and free space ahead of us, one thing is sure, BNB is a great coin for long term investing.

fullhdpixel

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Quote from: Russlenat on February 05, 2020, 06:59:23 AM

Quote from: ?? on ??

I think the price of BNB will reach around the price of $ 30, and most precisely, the price can be above the price of $ 25. for now, BNB prices may reach $ 20, when crypto prices start rising again. maybe before the end of the month of February, the price of the BNB will be close to $ 20.

if it was able to reach that price last year and BNB made a new ATH, it would be possible this year since it looks like we are slowly stepping into a bull market. BNB ATH was $39+, (close to $40) so maybe the next target would be $50 usd and I believe it will be easy to achieve as BNB still has more room to grow.

Even now the price is much close to $19 so the first target which you mentioned might be not that difficult for binance to reach. They already have a huge number or registrations each day and that is what deriving the price on a greater price range. That time is not too far when we could see BNB price above $20.

I remember when the price was been traded on much smaller price gap and that time not most of the investors trusted BNB coin but now as the coin is showing us significant growth, we could trust the coin for short term profit. For long term, we surely would at least gain 70% margin so this seems a good coin to invest into so far.

SquallLeonhart

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Quote from: Teraboy on February 04, 2020, 06:33:35 PM

Quote from: jarhed on January 29, 2020, 12:46:39 PM

I think that alts will grow this year, therefore BNB will also grow in price this year, I hope BNB will at least double.

That will not happen easily as the demand to buy binance coin becomes less and less everyday. I should remind you about binance looks in the very difficult situation when the hype for its IEO has already gone. People buy binance coin for the trading purpose only and no more.
At least our hope still on the bitcoin to make it happen in the future after halving will have done.

Is that only because binance launched some shit tokens on the launchpad? There already have a number of other potential token sales on their launchpad which does not really make the demand for BNB decrease day by day but instead the demand for BNB is continuously rising and also as people are allowed to pay their transaction fees with BNB coin, it makes it more popular.

Huge volume traders would always keep on buying BNB coin because of the benefits offered by binance. Such utility coins are really a good source of investment and also I think that most of the people buying BNB would be traders and not the investors. BNB coin is getting more demand and is turning into a necessity in order to trade on binance platform.

Golftech

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Quote from: ?? on ??

I think the price of BNB will reach around the price of $ 30, and most precisely, the price can be above the price of $ 25. for now, BNB prices may reach $ 20, when crypto prices start rising again. maybe before the end of the month of February, the price of the BNB will be close to $ 20.

It's good to see once the market continue to pumped up, the value of good projects will also be lift when positive impression start to bring more investors inside the market. Knowing BNB we do expect that there are lots of traders that will come and buy this coin. It's best to have a good numbers of this coin inside your wallet and wait for the day it reached another ATH.

Russlenat

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I think the price of BNB will reach around the price of $ 30, and most precisely, the price can be above the price of $ 25. for now, BNB prices may reach $ 20, when crypto prices start rising again. maybe before the end of the month of February, the price of the BNB will be close to $ 20.

if it was able to reach that price last year and BNB made a new ATH, it would be possible this year since it looks like we are slowly stepping into a bull market. BNB ATH was $39+, (close to $40) so maybe the next target would be $50 usd and I believe it will be easy to achieve as BNB still has more room to grow.

Teraboy

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Quote from: jarhed on January 29, 2020, 12:46:39 PM

I think that alts will grow this year, therefore BNB will also grow in price this year, I hope BNB will at least double.

That will not happen easily as the demand to buy binance coin becomes less and less everyday. I should remind you about binance looks in the very difficult situation when the hype for its IEO has already gone. People buy binance coin for the trading purpose only and no more.
At least our hope still on the bitcoin to make it happen in the future after halving will have done.

Baoo

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Actually, Binance coin is still progressing in a good way, and it has an impressive characteristics like the value of market cap, price and even the rank is pretty acceptable (TOP 9 ). I predict that this coin will move forward but we are not going to see a BOMB progress in period to be honest, but possibly after the halving of BTC, this crypto will rise with a significant value , it may reach $ 30 or 40 especially after that event. Remember that most of best digital coins are depending on the developments of Bitcoin .

jarhed

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BNB is a promising coin, but it clearly will not be able to grow to the level that he had during the popularity of IEO projects.

redsun114

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There has been no doubt in the use case of binance. Binance has been a platform for a number of newly launched projects due to its launchpad. Binance is getting more popular and the number of BNB coins used onto the platform are getting maximized which would indeed create a huge price for BNB.

Few months back, binance did launched few shady projects onto their launchpad which made them get minimum attention but yet, there are a number of profitable token sales onto the launchpad which are been purchased with BNB as a base coin. These tokens are sold in high amount which means a huge number of BNB coins are into circulation. The demand is on a rising graph for BNB which would make the prediction from WalletInvestor come true.

bitgolden

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Just because one coin dropped a bit doesn't mean it will continue to drop, look at ethereum for example, I remember as low ass 80 dollars for ethereums price at one point and people didn't give up on it and still made some profit with it when they waited, I think the yearly high last year was around 250 dollars, maybe more if I missed out or can't remember.

So, it is a shame that BNB went as high as 30 dollars but dropped under 20 dollars, but that doesn't mean it won't be going up once again eventually, it will still have good days and people who buy BNB will eventually make a profit, maybe not right away but it will definitely go up eventually one day. Long story short, do not give up on BNB just yet, as long as binance figures out ways to utilize it, they will profit from it as well.

RealMalatesta

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Quote from: mdzahed134 on February 03, 2020, 04:09:34 AM

I am at early BNB investor since 2019, i hold these coin for the next a few months than bearish market coming. I kept patient a lot for the god price, but in the end it has become worse day by day. Long holder can deserved a big profit in here. In the year bnb price will big hit dev work to upgrade with so many things. BSV? I am not willing to invest any bubble coin and you make comparison with bnb.

BNB might surely not just create a bubble but it would indeed be strong on its price with huge volume. Coins which are been introduced by the exchanges usually seem to give good number of profits because most of the traders/investors use those coins onto the exchange to minimize their fees and maximize their profits. Use of BNB onto binance really helps us to save a lot of fees which is the most important factor for me.

This even makes me buy and sell bitcoins even if their price move by $80 to $100 to quickly make profits from the leverage markets by buying a whole number of bitcoins. In case if I don't use BNB to pay the fees, I would be charged with excess fees and these small interval trades would hardly give me any profits, hence big thanks to BNB.

mdzahed134

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Quote from: ?? on ??

Quote from: Smitty Werben Man Jensen on January 27, 2020, 04:42:08 AM

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Yes, I agree with this prediction. Binance growth has stopped since the end of 2019! When everyone almost sure that BNB price will hit 50$, but it goes down to under 20$! I don't see any potential in BNB coin price in this year, last year Binance ruled, but this year investors are moving into other potential coins!

that's the cycle, Binance has shown its quality last year, by achieving a new ATH, and this year there is a BSV that is reaching a new ATH, maybe it takes more time for BNB to reach that place again, so don't give up and hold it

No, I already get out from Binance and now my bet on Bitcoin only and some other altcoins. Binance did well past year, but this year I don't see much potential in BNB. I need profits so I am not in BNB anymore, as I have many good options. Even BSV will be greater than BNB in 2020!

I am at early BNB investor since 2019, i hold these coin for the next a few months than bearish market coming. I kept patient a lot for the god price, but in the end it has become worse day by day. Long holder can deserved a big profit in here. In the year bnb price will big hit dev work to upgrade with so many things. BSV? I am not willing to invest any bubble coin and you make comparison with bnb.

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