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Topic: Binance's BNB price reached new ATH against Bitcoin!!! (Read 194 times)

legendary
Activity: 3346
Merit: 1134
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CZ is very influential and a powerful person on crypto infustry. Of course there are lots of groups and people that admire and trust his judgement and blindly rush into bnb as they believe that bnb has a very strong foundation. Yes thats what happening here and we can see that clearly.

See how the FTX vs BNB face off turns out right? Its really a massive move and whales are riding it in favor of CZ.
Influence definitely helps in these times. Elon Musk did it, now it's CZ's turn.
I am not really a fan of CZ so there's still a doubt that he made this all happen to surface BNB again and be the demand after attacking FTX.
The same goes with his exchange, perhaps there's monitoring for the number of users entering Binance and the chart is going down so he badly needs to move them all back to stay on the top.
Well, that's all my conspiracy theory about all these events, I still wish they are all not true.
legendary
Activity: 2268
Merit: 1379
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CZ is very influential and a powerful person on crypto infustry. Of course there are lots of groups and people that admire and trust his judgement and blindly rush into bnb as they believe that bnb has a very strong foundation. Yes thats what happening here and we can see that clearly.

See how the FTX vs BNB face off turns out right? Its really a massive move and whales are riding it in favor of CZ.
hero member
Activity: 3038
Merit: 617
indeed bnb when viewed from the price is pretty good, even in a bear market condition. and indeed bnb is a quality altcoin, so in the future it is not impossible that bnb will be in rank 2. but of course etherium is also a quality altcoin and of course it will be difficult to move from rank 2. so basically we'll see. Later

Looking at the weekly chart, it did not reach its peak when it hit $395 but it's possible that it will speed up in the next few weeks.

The BSCchain really is the closest to ETH when you look closer. If you trust ETH to go high while it's now POS, you can therefore also say that BNB can  be trusted and you are earlier in terms of price to invest in BNB.
member
Activity: 476
Merit: 60
indeed bnb when viewed from the price is pretty good, even in a bear market condition. and indeed bnb is a quality altcoin, so in the future it is not impossible that bnb will be in rank 2. but of course etherium is also a quality altcoin and of course it will be difficult to move from rank 2. so basically we'll see. Later
hero member
Activity: 2170
Merit: 575


It is easy to go up when bitcoin is going up, what BNB achieved this whole year however is even harder to achieve, which is going up against BTC, which is the real success they got and the topic here. We are talking about reaching so high on btc that, even if btc goes back to what it was, then BNB would not go back to its ATH, it would go higher. Thats how the achievements and new big ATH prices can be reached. Right now BNB is lower than its ATH that's true, just like all the other ones it had a crash, but it didn't had as much as the other ones, and when the bull run happens, BNB may reach huge prices.
jr. member
Activity: 1078
Merit: 2
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Bnb is definitely a good token if you are looking to hold it for long term bnb blockchain consume really less fees and it is really easy to create the new project their although in these market everything is really manipulated so also keep it in mind i think in bull run we may see the Bnb price above be 1000$ that's my assumption
full member
Activity: 2086
Merit: 193
If you notice you can see when bitcoin price made new all time high but BNB also made their new time high almost hit the $700 dollar target I think in the next wrong run if bitcoin goes up a lot if make new all time high then I hope Do that BNB price will be new all time high again, so we now have to wait for the next bull run.

Of course when bitcoin price pumped then BNB price also pumped. But all time bitcoin price high at $69k and BNB all time price high at $700 something. So it take a lot of time to bull run and next bitcoin.
That didn’t last though, the market started to dump again and BNB experience the same faith simply because it will be hard for the altcoins to pump if Bitcoin is not doing good. BNB is a good coin as well, but we can’t expect a smooth pump from this coin, new ATH might happen in the next bull run and this is why many started to collect more good coins, they already what will happen in the bull trend.
hero member
Activity: 2996
Merit: 609
BNB stood like a rock after these frightening FTX events, Bu CZ's success he is a really successful whale he knows the market conditions well. At a time like this, I can't find much to say about an altcoin that makes Ath against BTC and this altcoin is a token of a centralized exchange. Bnb's investments have been happy most of the time, even in downtrends. You can earn a variety of income methods by holding bnb in your hands in uptrends.
It did really make out some significant movement because of this FTX incident or situation which the community did really have considerations on buying BNB but lets say that it didnt happen

then pretty much sure that it wont really be making some significant movement but when we do talk about potential then i dont have any doubts with that.As long Binance platform is one or the best

exchange platform that we do have in the market today, then it would be always be having that positive impressions and the demand towards its coin BNB.
So this is where investors and holders or traders do really much prefer on dealing so.
legendary
Activity: 2198
Merit: 1232
BNB stood like a rock after these frightening FTX events, Bu CZ's success he is a really successful whale he knows the market conditions well. At a time like this, I can't find much to say about an altcoin that makes Ath against BTC and this altcoin is a token of a centralized exchange. Bnb's investments have been happy most of the time, even in downtrends. You can earn a variety of income methods by holding bnb in your hands in uptrends.
hero member
Activity: 2912
Merit: 556
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Yes, I also saw BNB rising sharply and managed to sell some BNB and make a profit from it Grin

But now it looks like the price will return to the previous low because bitcoin's position is also still experiencing another correction. Congratulations to those of you who have sold BNB at this high price, and hopefully, BNB can get or reach the previous ATH price and create the next new ATH.

But it is still difficult for BNB to take over the number 2 position on the CMC or Coingecko because we know that ETH is a strong coin that will not let any coins beat them. But I will be glad if BNB can return to its last ATH and try to break the next highest price.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
??  But doesn't Binance break it ATH yet?  I also believe that Binance is a promising cryptocurrency but I do not think that this is something we have to be happy with since the Binance market is still in bearish sentiment.  Remember Binance is still on 50% of its ATH meaning it needs a 100% price increase to recover.  All though this maybe a milestone for Binance but it doesn't remove the fact that people that invest on its peak are still at a loss.
The @OP graph is using BNB/BTC pair, not BTC/USD pair, that's why the graph is different. Well even though BNB reach new ATH against BTC, it's just temporary since CZ is making a new hype. When CZ didn't do anything and Binance isn't become top 1 the most popular exchange, you can expect BNB price will continue to decrease. BNB is just a shitcoin that's the price stick with Binance exchange. When Binance got hacked and the hacker can stole all of Binance hot wallet, it will end like Mt.Gox.
But I saw on CMC, ATH BNB against BTC happened last year and after that it consistently dropped to 50% from its highest price but maybe I saw the wrong data.
BNB is a good project but since it is controlled by one person it is so natural that there are worry they could be the biggest downfall
member
Activity: 1806
Merit: 15
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If you notice you can see when bitcoin price made new all time high but BNB also made their new time high almost hit the $700 dollar target I think in the next wrong run if bitcoin goes up a lot if make new all time high then I hope Do that BNB price will be new all time high again, so we now have to wait for the next bull run.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
When CZ didn't do anything and Binance isn't become top 1 the most popular exchange, you can expect BNB price will continue to decrease.
What you say is true, but what will you do to make him stop? what he is doing for the market is undeniable, he has made a huge contribution to the crypto industry and is currently the biggest voice in the industry. I don't think anything can stop him.

BNB is just a shitcoin that's the price stick with Binance exchange. When Binance got hacked and the hacker can stole all of Binance hot wallet, it will end like Mt.Gox.

I know bitcoin is the creator of the crypto market but altcoins are a part of and have contributed a lot to the development of the crypto industry but that does not mean that we overestimate bitcoin and look down on other coins. Bitcoin alone would not be able to build a market, and without altcoins it is unlikely that bitcoin would be where it is today.
legendary
Activity: 1862
Merit: 1209
??  But doesn't Binance break it ATH yet?  I also believe that Binance is a promising cryptocurrency but I do not think that this is something we have to be happy with since the Binance market is still in bearish sentiment.  Remember Binance is still on 50% of its ATH meaning it needs a 100% price increase to recover.  All though this maybe a milestone for Binance but it doesn't remove the fact that people that invest on its peak are still at a loss.
The @OP graph is using BNB/BTC pair, not BTC/USD pair, that's why the graph is different. Well even though BNB reach new ATH against BTC, it's just temporary since CZ is making a new hype. When CZ didn't do anything and Binance isn't become top 1 the most popular exchange, you can expect BNB price will continue to decrease. BNB is just a shitcoin that's the price stick with Binance exchange. When Binance got hacked and the hacker can stole all of Binance hot wallet, it will end like Mt.Gox.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Do you think BNB has the potential of becoming and staying the #2 crypto asset, especially with all the BSC activity and Binance backing? I do you think its connection to CZ and Binance will be its downfall?
BNB has a chance even to surpass ethereum in the future. Despite the hacked case that happened with BSC but binance has a solution for that by doing burn even longer to make sure the supply will be going back again to the 100 millions BNB, Binance is the main reason why BNB can do that easily even breaking new ATH against bitcoin. It's caused by the trust that came for CZ is starting to increase even higher. The recent problem that happened with FTX was making some people feel not confidence with FTT and they were moving their assets into the BNB.
Binance backing is the main reason why binance coin can have a good performance during the bearish market. I can imagine how big the growth that will be happening to the binance coin once the bullish market will come back later.
hero member
Activity: 3066
Merit: 629
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He's a sure and known businessman and those publicity stunts that he does are really benefiting not just his exchange but as well as the coins that he owns, BUSD and BNB.
It may be on ATH on the bitcoin pair because both are currently low and far already from the ATHs that it has met. But still, the basis would be depending on the price of it. But those that owns BNB and wants to have more bitcoin, then this is the right time to trade and get more bitcoin.
sr. member
Activity: 1554
Merit: 413
....do you think its connection to CZ and Binance will be its downfall?
What exactly do you mean by this? Binance would have never made it this big without CZ just like how I think Ethereum's success is also connected to Vitalik. CZ has also changed the direction of Binance to a more regulatory friendly platform which probably helped them sustain that success.
copper member
Activity: 2128
Merit: 1814
฿itcoin for all, All for ฿itcoin.
Looks like the BNB price reached a new all-time high against Bitcoin. CZ is surely doing a good job Smiley
Job of pumping it? Brilliant!

I do you think its connection to CZ and Binance will be its downfall?
Do you think BNB will stand very strong minus Binance?

legendary
Activity: 3052
Merit: 1281
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??  But doesn't Binance break it ATH yet?  I also believe that Binance is a promising cryptocurrency but I do not think that this is something we have to be happy with since the Binance market is still in bearish sentiment.  Remember Binance is still on 50% of its ATH meaning it needs a 100% price increase to recover.  All though this maybe a milestone for Binance but it doesn't remove the fact that people that invest on its peak are still at a loss.

Do you think BNB has the potential of becoming and staying the #2 crypto asset, especially with all the BSC activity and Binance backing?

No, though Binance is a strong contender, I believe ETH has a strong grasp of #2 position.

I do you think its connection to CZ and Binance will be its downfall?

I always think CZ is a genius marketer,  I don't think it will be a downfall but rather  the opposite.
full member
Activity: 602
Merit: 107
Looks like the BNB price reached a new all-time high against Bitcoin. CZ is surely doing a good job Smiley

BNB has been performing extremely well, especially during the bear market as well as during the bull market. All these launchpad and launchpool projects increase the price of BNB by an avg. of 3-5% each time.


Do you think BNB has the potential of becoming and staying the #2 crypto asset, especially with all the BSC activity and Binance backing? I do you think its connection to CZ and Binance will be its downfall?
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