Binance smart chain GEMS keep for 2021 end

Anonylz

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Quote from: udayantha11 on February 21, 2021, 12:27:10 AM

I really loved BSC. If eth 2.0 came but binance smart chain demand never decreases. There are number of factors speed, and fees etc. I keep my bake and cake for 2021 end.... its most promised yield farming projects i ever seen.

my predicts for 2021

cake 120$
BAKE 25$

we have one month before 2021 come to an end, it is hard to tell if your prediction will become reality, right now the price of both this coins you mentioned are still far from your price prediction, cake current price - $13.87, bake current price - $1.72, although the market is not very convincing at the moment, so lets see what will happening by december if the market will turn around, and i don't doubt that bsc will continue even if eth 2.0 is launched and has less fees people will still use bsc, a lot of project already in that blockchain very successful.

michellee

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We can admit that BSC helps us to reduce the fee of the transaction. If @OP loves to use BSC and still wants to continue using BSC, that is his choice.

Cake may increase for $120 while Bake can reach $25 but @OP needs to realize that we will need time that we do not know when that can happen. I think that is because @OP can make a decent profit from both Cake and Bake so he said that. We can say the same if we are making a profit from the coins so I think that is okay with that.

Pierre 2

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Quote from: GreatArkansas on November 29, 2021, 07:38:02 PM

Binance Smart Chain got a lot of shitcoins but a lot of people are making huge money here by just doing some gambling, like putting a random amount on random projects.
But these CAKE and BAKE under Binance Smart Chain is quite good because these are the most used DEX (Decentralized Exchange) on the chain, they are still don't have some strong competitors currently.

I mainly agree idea about CAKE and BAKE having no better alternatives considering the fact Binance Smart Chain costs are relatively 'nearly free' compared to Ethereum. But I don't think Binance Smart Chain is a shit chain. It is literally the best alternative out there and Binance honestly supports it a lot.

GreatArkansas

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Binance Smart Chain got a lot of shitcoins but a lot of people are making huge money here by just doing some gambling, like putting a random amount on random projects.
But these CAKE and BAKE under Binance Smart Chain is quite good because these are the most used DEX (Decentralized Exchange) on the chain, they are still don't have some strong competitors currently.

timerland

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CAKE is definitely not going to $120, lol.

As promising as a lot of these projects may seem, a lot of them are overhyped and overbought in my frank opinion.

Just look at the newly listed tokens page of CMC - you'll see that the bulk of them are from BSC and have absolutely nothing new to offer.

ChristmasTreeBNB

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LogitechMouse

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Quote from: udayantha11 on February 21, 2021, 12:27:10 AM

I really loved BSC. If eth 2.0 came but binance smart chain demand never decreases. There are number of factors speed, and fees etc. I keep my bake and cake for 2021 end.... its most promised yield farming projects i ever seen.

Why do you love BSC? Just because Binance Coin went up massively in the past days that is why you are loving it already Cheesy

.
BSC at this moment is better compare to ETH because of the Fees nothing more. Include the fact also that you will be listed into the exchange too maybe

.

When ETH 2.0 will be released, the demand of new projects in BSC will decrease possibly. It will depend on how the project developers sees it.

Quote from: Yogee on February 21, 2021, 02:08:41 AM

Quote from: larus on February 21, 2021, 01:41:13 AM

Binance marketing team become insane. The whole btt is full of topics about bsc

They don't even need to create an account here to market BSC. Just few tweets from CZ and Binance and retail traders, average traders, some whales feels excited.

I agree with this. Why market it here when the project developers will just contact them to create a new project in their own chain. Twitter has been swarmed too with crypto enthusiasts so no need for them to market Binance here. They are the most popular exchange at present.

There are some users though that are creating threads about BSC just because BNB went up.

Yogee

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The potential of another 3x to 4x is there but don't you think those figures are too high?

Let's leave BAKE on this case and compare CAKE vs. UNI,

By price and market cap,
- CAKE price $15, market cap $1.7 billion
- UNI price $30, market cap $9 billion

By volume,

- https://www.coingecko.com/en/dex

Quote from: larus on February 21, 2021, 01:41:13 AM

Binance marketing team become insane. The whole btt is full of topics about bsc

They don't even need to create an account here to market BSC. Just few tweets from CZ and Binance and retail traders, average traders, some whales feels excited.

larus

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Binance marketing team become insane. The whole btt is full of topics about bsc

X-ray

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Quote from: udayantha11 on February 21, 2021, 12:27:10 AM

I really loved BSC. If eth 2.0 came but binance smart chain demand never decreases. There are number of factors speed, and fees etc. I keep my bake and cake for 2021 end.... its most promised yield farming projects i ever seen.

my predicts for 2021

cake 120$
BAKE 25$

Is not it those coins have very strong correlation with the volatility that happened with BNB?
Speed and fees totally depends on the its chain and when there are no lots of users in ethereum and the fees can be considered relatively small than this time but with the goes of time and people were massively joining in the ethereum chain and that creates a big hype. The ethereum chain less scalable enough to handle all of the demand from the market. that could be the reason.

Jawhead999

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What factors you love BSC? You didn't mentioned above.

If Ethereum 2.0 came, the fees will be lower and the speed also can be faster... so BSC need a another technology or features if they want the demand not decreased.

It's dangerous to hold those DEFI coin too long especially on sideways or bear market, you could got rekt or huge loss.

udayantha11

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2023 would most likely be as bearish as 2022

I really loved BSC. If eth 2.0 came but binance smart chain demand never decreases. There are number of factors speed, and fees etc. I keep my bake and cake for 2021 end.... its most promised yield farming projects i ever seen.

my predicts for 2021

cake 120$
BAKE 25$

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