Bnb after next 5years - page 6. | Bitcointalksearch.org

jaberwock

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Quote from: kotajikikox on September 08, 2023, 02:43:45 AM

Quote from: Silberman on September 07, 2023, 10:50:24 PM

Only bitcoin is worth to be held that long, now some good altcoins like ETH and BNB could be held for periods of one year or less, but you need to keep your eyes open as altcoins can present problems and collapse almost overnight, and while ETH and BNB are way more solid than almost all altcoins, there are still some issues with both of those coins which could make them disappear during the next decade, and you do not want this to happen while you are invested in any of those coins.

that is actually same as my concern mate because like what said by most about Binance exchange , it is not as safe comparing to other coins specially bitcoin, yes it is popular as how much it had turned from the time it was released but we also knew how much the rick we are facing because there are other exchange coins that experienced a sudden dump.
hope that we will continue making profit before it drops bad in the future.

5 years seems long but it's not longer than 10 or more years and BNB or it's exchange have already survived for I think more than 5 years so they probably can survive another set of the said year. You are too confident about Bitcoin but in reality, we don't even know if it will still be strong like now after the next 5 years.

I mean what if there's a coin that are created which are better than it? Or there will be a new found issue which can affect it badly? Or there are now super computers that can be a threat to it? I'm not with the side of BNB but I'm just telling the possibilities so that we won't look like we are biased with the other. Bitcoin is always been praised and it sounds annoying anymore to be honest.

Wiwo

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For some obvious reasons, I don't speculate altcoin for that long period of time, 5 years is too much of a time to allocate for an altcoin such as BNB even though the coin is the liquidity coin for the biggest exchange in the market, and just like what other have likely asked, what happen if the exchange gets hacked or the owner of the coin decided to shout the door at everyone face just as many other centralized exchanges and their tokens have done in the past.

But if BNB and Binance exchange can survive the market for the next 5 years indeed the volume of the coin will have increased significantly by that time up to 10x or even more.

EFS

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It depends on how successful Binance remains. Many leading exchanges have been attacked, hacked and somehow disappeared from the market over time. Binance has been operating well for many years, but we can't know what will happen in the next 5 years. The pressure from the governments may increase, even if you trust CZ, something may happen to Binance for reasons beyond his control, there may be a problem for BNB if not for Binance. We can't know this in advance.
Buying BNB at $200 and keeping it for 5 years seems like a risky investment. We can send an e-mail to futureme.org to look at this thread again in 2028.

Bananington

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Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

Five years is a long time for many things to happen. Things can suddenly change for BNB. If something affects binance as a company within the next five years, BNB will be affected heavily because it was created by Binance.

BNB can be good to invest in now, but not in the long term unmonitored to me.

goaldigger

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Quote from: jasonjm on September 08, 2023, 05:35:55 AM

Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

The price of BNB in the next five years will depend on how the exchange will behave and how much they comply with the regulations. In the recent case against Binance by the SEC, it is difficult to predict the future of the exchange, as we have seen in the past, with big exchanges going down. For now, I think, invest in BNB, take profit, and exit.

This should he the focus, to make profit and exit as you are contented.
The next 5 years is long and the market might be on a better side in the future its just that no one can assure this and even the Binance itself can’t guarantee any of this, what you can do is to predict more realistic. The case with SEC can be a big threat, but hopefully Binance will handle this professionally and will inform the public about this. Binance continues to grow though, I can still see Binance as the top exchange in the next five years, let’s just hope for that.

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Quote from: wxa7115 on September 08, 2023, 10:51:17 PM

Quote from: jasonjm on September 08, 2023, 05:35:55 AM

Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

The price of BNB in the next five years will depend on how the exchange will behave and how much they comply with the regulations. In the recent case against Binance by the SEC, it is difficult to predict the future of the exchange, as we have seen in the past, with big exchanges going down. For now, I think, invest in BNB, take profit, and exit.

The SEC is not really trying to make the binance exchange to comply with their regulations, what they are trying to do is to destroy it by the use of their rules, which is different.

that is a bad accusation mate, that SEC wanted to destroy Binance because what is their main intention if does?
of course it is the regulations and of course the money circulating there.

Quote

And as strong as binance can be I doubt it has the strength to withstand to full assault of the SEC, so if someone wants to invest in binance they can do it but they should always keep in mind the binance exchange could collapse at any time and as such BNB will follow it soon.

collapsing at any time is a big statements , yeah there are some massive attacks and massive hacking but telling people about a collapsing sounds easily is not a good word to deliver.

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Quote from: wxa7115 on September 08, 2023, 10:51:17 PM

Quote from: jasonjm on September 08, 2023, 05:35:55 AM

Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

The price of BNB in the next five years will depend on how the exchange will behave and how much they comply with the regulations. In the recent case against Binance by the SEC, it is difficult to predict the future of the exchange, as we have seen in the past, with big exchanges going down. For now, I think, invest in BNB, take profit, and exit.

The SEC is not really trying to make the binance exchange to comply with their regulations, what they are trying to do is to destroy it by the use of their rules, which is different.

It's a witch hunt, SEC is doing everything in their power to destroy Binance, but it's going to be very difficult as Binance is so big right now that they can even try to challenge everything if they wanted to.

Quote from: wxa7115 on September 08, 2023, 10:51:17 PM

And as strong as binance can be I doubt it has the strength to withstand to full assault of the SEC, so if someone wants to invest in binance they can do it but they should always keep in mind the binance exchange could collapse at any time and as such BNB will follow it soon.

The first rule if you are against a bigger enemy is try to avoid everything and just talk to them. But in this case if SEC is going to launch a full assault, then it leaves Binance and CZ no chance but to hire lawyer to fight back, just like what Coinbase did.

wxa7115

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Quote from: jasonjm on September 08, 2023, 05:35:55 AM

Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

The price of BNB in the next five years will depend on how the exchange will behave and how much they comply with the regulations. In the recent case against Binance by the SEC, it is difficult to predict the future of the exchange, as we have seen in the past, with big exchanges going down. For now, I think, invest in BNB, take profit, and exit.

The SEC is not really trying to make the binance exchange to comply with their regulations, what they are trying to do is to destroy it by the use of their rules, which is different.

And as strong as binance can be I doubt it has the strength to withstand to full assault of the SEC, so if someone wants to invest in binance they can do it but they should always keep in mind the binance exchange could collapse at any time and as such BNB will follow it soon.

RussianEnglishTranslation

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Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

I don't know if you have been watching the news the last couple years but things haven't exactly been going well for Binance. BNB is tied to the exchange and without it, I doubt BNB coin will retain 1/10 of its current value. Plus, when investing, it's best to skip the high cap coins and find projects that haven't pumped yet. Some cryptos that fit into that category are Lamina1 and Q Blockchain, because they haven't listed on exchanges.

jasonjm

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Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

The price of BNB in the next five years will depend on how the exchange will behave and how much they comply with the regulations. In the recent case against Binance by the SEC, it is difficult to predict the future of the exchange, as we have seen in the past, with big exchanges going down. For now, I think, invest in BNB, take profit, and exit.

peter0425

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Quote from: _act_ on August 23, 2023, 04:39:02 PM

But if Binance is hacked and coins were stolen. This would affect Binance exchange, the BNB and BUSD.

and that will exactly to happen mate , and this is the sad part in trusting exchange currency because what will happen to that certain exchage will also happen to the coin named towards them,and yes there are already plenty of them that now has a sad ending.

hoping that Binance security is tighten enough to keep the investors safer.
and we cannot forget what happened in bigger exchanges and even in mixing company.

but I trust binance with some part of my holdings, hoping to make it to the top before something bad happened.

kotajikikox

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Quote from: Silberman on September 07, 2023, 10:50:24 PM

Only bitcoin is worth to be held that long, now some good altcoins like ETH and BNB could be held for periods of one year or less, but you need to keep your eyes open as altcoins can present problems and collapse almost overnight, and while ETH and BNB are way more solid than almost all altcoins, there are still some issues with both of those coins which could make them disappear during the next decade, and you do not want this to happen while you are invested in any of those coins.

that is actually same as my concern mate because like what said by most about Binance exchange , it is not as safe comparing to other coins specially bitcoin, yes it is popular as how much it had turned from the time it was released but we also knew how much the rick we are facing because there are other exchange coins that experienced a sudden dump.
hope that we will continue making profit before it drops bad in the future.

Silberman

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Quote from: bitterguy28 on September 05, 2023, 08:26:38 AM

Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

but talking about another 5 years? i think Exchange coin is not that safer for long term , there are lots of attacks against kind of sites and for me ?
i would rather maintain Bitcoin as long term holding such 5 yeas than BNB.
sorry for Binance supporter but this is not the coin for me to be carried for anothe 5 years.

Only bitcoin is worth to be held that long, now some good altcoins like ETH and BNB could be held for periods of one year or less, but you need to keep your eyes open as altcoins can present problems and collapse almost overnight, and while ETH and BNB are way more solid than almost all altcoins, there are still some issues with both of those coins which could make them disappear during the next decade, and you do not want this to happen while you are invested in any of those coins.

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Quote from: tvplus006 on September 05, 2023, 09:37:47 AM

Quote from: dragonvslinux on September 05, 2023, 06:50:30 AM

I imagine over the next 5 years BNB could do well, but for the near-term, maybe around the next year or so, I only see it going lower. This is the BNB/BTC chart and personally I see another 50-60% drop...

We can consider this chart differently, i.e. now BNB is at its support level and if it holds, then we will be able to see a further increase in the price of BNB in relation to Bitcoin. But all this will ultimately depend on the general state of the cryptocurrency market and the state of the global economy.

Yeah that is the big question, if it can hold the support or not. But to be fair even if it fails then we could maybe end up with something different as well, it could end up with something that will benefit us the most as well. I hope that it gets to a point where we could make some profit one way or another, and the result could be something that benefits us as well.

I do know that it is not going to be that simple but we could just make that profit if we are smart about it. I hope that it gets to a point where it is easier to make some profit with it, but I know that it is going to end up with a terrible result if we are not careful. So just hold it, even if it breaks under the support level, buy some more to do DCA.

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Quote from: dragonvslinux on September 05, 2023, 06:50:30 AM

I imagine over the next 5 years BNB could do well, but for the near-term, maybe around the next year or so, I only see it going lower. This is the BNB/BTC chart and personally I see another 50-60% drop...

We can consider this chart differently, i.e. now BNB is at its support level and if it holds, then we will be able to see a further increase in the price of BNB in relation to Bitcoin. But all this will ultimately depend on the general state of the cryptocurrency market and the state of the global economy.

bitterguy28

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Quote from: Justin999 on August 23, 2023, 04:30:30 PM

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?

but talking about another 5 years? i think Exchange coin is not that safer for long term , there are lots of attacks against kind of sites and for me ?
i would rather maintain Bitcoin as long term holding such 5 yeas than BNB.
sorry for Binance supporter but this is not the coin for me to be carried for anothe 5 years.

dragonvslinux

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I imagine over the next 5 years BNB could do well, but for the near-term, maybe around the next year or so, I only see it going lower. This is the BNB/BTC chart and personally I see another 50-60% drop.

The USD chart doesn't look much better right now either with the $200 long-term range beginning the fail, it very much looks like a shorting opportunity for most speculators. The target from the descending triangle break-down would be around 70% to $60. Even if it doesn't get that far, another 50% haircut seems overdue to me. Especially with increased regulatory scrutiny that Binance hasn't really faced before.

bluebit25

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Quote from: yhiaali3 on September 03, 2023, 04:04:18 AM

Personally, I would not risk investing in a bnb in the long term, because the result is not guaranteed and you could lose your money.

Binance is exposed to a lot of problems, and recently we saw how support for BUSD (which was used to support BNB sometimes) was stopped, so this is a risk.

As far as I know, the issue you mentioned has been announced by Binance. I understand the short-term story with Binance is showing many doubts about the price increase, but the 5year story is next, time is not short in this market and it is difficult for us to speculate about a certain future.
Personally, I doubt there is a positive possibility for Binance, they will overcome all the FUD and become stronger, of course the volatility in the next five years will be enough to surprise us, I think in the near future the price will could drop by $50 and in the next 5 year growth target we will see the value touch at $5000.

Questat

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Quote from: wxa7115 on September 02, 2023, 10:16:26 PM

Quote from: el kaka22 on September 01, 2023, 11:25:53 AM

Feels like it could do well, not amazingly well but it could do well and I think it is going to end up with a good return without a doubt. I think it should be important to remember that we are going to end up with a problem where it is going to be an issue. Yeah, it is not going to be that easy, but we should still make it happen one way or another.

I guess the biggest issue is that there will be some trouble when it comes down to having a trouble, and that should not be easy to handle, like that SEC thing. Without those troubles, BNB is amazing, it is going to be great profit and you are going to get rich thanks to it, keep on buying more and all that, BUT as soon as it faces those issues, it causes a bit of trouble.

Without a doubt BNB has had a great performance over the years which is what caused people all over the world to invest in it, however the issues of binance with the SEC are worrying, as I do not think the SEC is going to stop their maneuvers until they have inflicted serious damage to the exchange.

And if that is the case then people need to be very wary of investing on BNB, as they do not want to invest in BNB and then become trapped in it, similar to what we saw with those people which invested in ripple and that are still holding this coin hoping for a recovery that has yet to come.

It turns out that the SEC is the enemy of crypto because those who have issues with the SEC have a huge negative impact on its price and it concerns trust as well as the investors. This will tell everyone that the strict implementation of the SEC created panic and worries for the investors knowing that their decision was harsh. Imagining what happened to BNB, we witness a huge price dump of it and investors are selling off their coins thinking about bad things to happen with the exchange. So even though we know that it has already resolved but can't leave too confident as they might come for another issue.

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Personally, I would not risk investing in a bnb in the long term, because the result is not guaranteed and you could lose your money.

Binance is exposed to a lot of problems, and recently we saw how support for BUSD (which was used to support BNB sometimes) was stopped, so this is a risk.

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