The market is still small, I think this market will have more and more people paying attention to this game, and next year binance needs to do better to maintain and develop the position they have, partly the reason that the people trying to create FUD aim for binance to hold them back.
But honestly I think binance is very strong, has experience as well as potential, things are not completely uncertain and also very likely to have strong fluctuations. However, looking at the next 5 years, both in terms of price and size, we can both speculate on a good scenario for both the market and binance, the number I imagine 1BNB = $10000
Topic: Bnb after next 5years - page 8. (Read 1226 times)
People trust Binance because they think it's a safe exchange. But in reality, anything can happen to the exchange, including a ban in different countries or a big hack. BNB can be called a centralised coin, which is highly dependent on the exchange. If something happens to Binance, then BNB will crash.
Binance was also one of my goto exchanges (besides Kraken), that recently changed as, thanks to the Belgium government, Binance can’t offer his services anymore and more European countries will probably follow. Was planning to buy more BNB until this happened so you always need to be cautious.
this is why I am afraid of trusting and investing in exchange coin because just one hacking or downfall of the exchange and my investment is dead lol. specially as we have seen something like what you mentioned about FT collapsed.
thats really a matter of headache for bnb user who store their bnb for long run including me and that is why i thought to start a survey about bnb but it is true that each of Cryptocurrency has hidden risk, anytime anything is possible. And exchange coin already proved as useless, no use anywhere except in its own exchange but it also isn’t fair to miss profit due to stake of upcoming possibilities. attacks? this is the hard thing that each Holders must consider , and also i believe that exchange will always at risk .
wondering why people still trust such when there are a lot of hacking and collapsing happened in the past?
hope that many will consider this or else ? they must accept the risk and possible losing of their precious money.
this is why I am afraid of trusting and investing in exchange coin because just one hacking or downfall of the exchange and my investment is dead lol. specially as we have seen something like what you mentioned about FT collapsed.
thats really a matter of headache for bnb user who store their bnb for long run including me and that is why i thought to start a survey about bnb but it is true that each of Cryptocurrency has hidden risk, anytime anything is possible. And exchange coin already proved as useless, no use anywhere except in its own exchange but it also isn’t fair to miss profit due to stake of upcoming possibilities. attacks? this is the hard thing that each Holders must consider , and also i believe that exchange will always at risk .
wondering why people still trust such when there are a lot of hacking and collapsing happened in the past?
hope that many will consider this or else ? they must accept the risk and possible losing of their precious money.
this is why I am afraid of trusting and investing in exchange coin because just one hacking or downfall of the exchange and my investment is dead lol. specially as we have seen something like what you mentioned about FT collapsed.
thats really a matter of headache for bnb user who store their bnb for long run including me and that is why i thought to start a survey about bnb but it is true that each of Cryptocurrency has hidden risk, anytime anything is possible. And exchange coin already proved as useless, no use anywhere except in its own exchange but it also isn’t fair to miss profit due to stake of upcoming possibilities. I guess thats just the thing with such coins in general where their performance highly depends on the platform itself.
a slight disturbance towards the platform already shaken the coin to its core. honestly I'd never invest in such coins myself, i prefer more about investing in layer 2 which trying to solve high gas fee problem by moving load off ethereum blockchain instead which not depends on some company.
this is why I am afraid of trusting and investing in exchange coin because just one hacking or downfall of the exchange and my investment is dead lol. specially as we have seen something like what you mentioned about FT collapsed.
thats really a matter of headache for bnb user who store their bnb for long run including me and that is why i thought to start a survey about bnb but it is true that each of Cryptocurrency has hidden risk, anytime anything is possible. And exchange coin already proved as useless, no use anywhere except in its own exchange but it also isn’t fair to miss profit due to stake of upcoming possibilities. 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?
BNB price totally depends on the Binance Exchange. We know what happened to FTT after the FTX collapsed. If the Binance exchange collapses within the next 5 years, BNB, and BUSD will be shit coins. It will affect to the BEP20 tokens as well. Is it really worth for long investment? Will it increase like ether or become dump like others exchange coins?
just one hacking or downfall of the exchange and my investment is dead lol.
specially as we have seen something like what you mentioned about FT collapsed .
lets pray that this will never happen to Binance though assurance is impossible to produce.
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?
BNB price totally depends on the Binance Exchange. We know what happened to FTT after the FTX collapsed. If the Binance exchange collapses within the next 5 years, BNB, and BUSD will be shit coins. It will affect to the BEP20 tokens as well. Is it really worth for long investment? Will it increase like ether or become dump like others exchange coins?
Don't expected more with BNB for next five years will raise up to higher price, you can see current BNB price drop drastically and Launchpad only can help BNB back to higher price and after launcpad ended price drop again. All in your hand want to hold BNB for next five year or not because I don't really trust with CZ as owner of BNB, several time get cases with SEC Commission and bring negative impact for making BNB back to lower price. Don't fully trust with holding all your money in BNB for five years later, better spent half o few percent of your assets in several kinds of coin not only with BNB.
Last two months, BNB have down trend price and keep going down every day, CZ still not update yet about what happen with BNB drop drastically last two months.
Last two months, BNB have down trend price and keep going down every day, CZ still not update yet about what happen with BNB drop drastically last two months.
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?
As long as the exchange site will be long live and BNB will always be stable. The product is the main key that was backing the price of BNB. I remind you that if BNB has hundred millions people registered on its exchange site. It has also billions daily trade volume. As long as the exchange site can keep its platform and nothing happen with BNB. BNB may able to reach another all time high again once the price of bitcoin will break another record. It's just matter of time.
The key was on the exchange site caused by this used to backed the BNB.
Is it really worth for long investment? Will it increase like ether or become dump like others exchange coins?
It's really worth and why not? I tell you that if binance has been owning so many utilities on its platform nor blockchain. So many people are actively using it right now. it sounds non sense if it will be dumped like another exchange site. The main problem was consistently to always being honest. Another exchange site like FTX dumped caused by it can't be honest.
but seeing from my past experiences as a holder of BNB, in the previous bullrun it didn't have that much increase honestly though it does increase at the initial stage of bullrun but its not long lasting ones unless some other coins out there.
As of January 2021, BNB low price on the first day of the month was $35. It increased to $210 in February. ATH in May 2021. The price at $216 as of now. The ATH price was $691. If I should talk about this, BNB increased significanly. Although there are some altcoins that pumped 100x and more like doge. 
the performance of BNB and its future price in 5 years heavily depends on the platform itself.
with these exchanges tokens in general you just left to judge the platform itself and how good they are, how many events that they presented could helps increasing the value in a year like some staking programs for getting the rewards of some coins.
its these things that could determine the future of BNB, but I think if the exchange itself which is binance could continue to be trusted, then they definitely gonna get their BNB value even higher.
but seeing from my past experiences as a holder of BNB, in the previous bullrun it didn't have that much increase honestly though it does increase at the initial stage of bullrun but its not long lasting ones unless some other coins out there.
with these exchanges tokens in general you just left to judge the platform itself and how good they are, how many events that they presented could helps increasing the value in a year like some staking programs for getting the rewards of some coins.
its these things that could determine the future of BNB, but I think if the exchange itself which is binance could continue to be trusted, then they definitely gonna get their BNB value even higher.
but seeing from my past experiences as a holder of BNB, in the previous bullrun it didn't have that much increase honestly though it does increase at the initial stage of bullrun but its not long lasting ones unless some other coins out there.
~~~
But if Binance is hacked and coins were stolen. This would affect Binance exchange, the BNB and BUSD. BNB can fall to almost of no value and become shit coin and become useless for previous holders.
That's the reason why exchange coins are always risky. And i think bnb price will be effected in future because of being hacked and attacks as 5 years is very long time. Apart from that, bnb could be profitable invest in long period even still it is good to hold for next bull session. Risk is everywhere even others altcoins have also such possibilities but without risk, no profit will be gained. Or btc is only option for investment But if Binance is hacked and coins were stolen. This would affect Binance exchange, the BNB and BUSD. BNB can fall to almost of no value and become shit coin and become useless for previous holders.
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?
Totally depends on what would be the relevance or popularity of Binance Exchange in the next 5 years that we do have. We do able to see those popular exchange platforms on 2015-18 as far as i remember on which it is pertaining about Poloniex and Bittrex and this is something that no one believed that they would really be replaced out by Binance on later years. Is it really worth for long investment? Will it increase like ether or become dump like others exchange coins?
If Binance would be able to maintain out its reputation and popularity then we can assume that BNB price would really be might be able to increase its price even more comparing to now,
but if we are seeing the different thing like it gets hacked and losses out its popularity then expect on what would be the price condition of those binance related coins like on the things that been
mentioned above. Everything would really be mainly affected and this is one of the risks involved on investing with Bnb or even other coins which it doesnt really give out assurance or sureness
about profit for long term or even on forever.
BNB in the next five years. What can possibly happen:
The coin is less volatile and the price may increase.
But if Binance is hacked and coins were stolen. This would affect Binance exchange, the BNB and BUSD. BNB can fall to almost of no value and become shit coin and become useless for previous holders.
The coin is less volatile and the price may increase.
But if Binance is hacked and coins were stolen. This would affect Binance exchange, the BNB and BUSD. BNB can fall to almost of no value and become shit coin and become useless for previous holders.
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?
Is it really worth for long investment? Will it increase like ether or become dump like others exchange coins?
Jump to: