BNB still undervalue - page 8. | Bitcointalksearch.org

X-ray

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Quote from: jjdub7 on March 31, 2021, 07:15:31 AM

I'm not sure that the BNB is so undervalued, because many people consider it a better coin than Ethereum and invest in it, in general,

If you are not sure about that and why you are also saying at the same time if BNB has a lot of potential? if that was true and that it's very undervalued at this moment dude.

If we are seeing it based on the functionality of tokens and then we will be seeing a bunch of benefits compared with ethereum. BNB has limited supply whiloe ethereum is still having unlimited supply.
that said will be determine after ethereum 1.5 update.

jjdub7

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Quote from: udayantha11 on March 30, 2021, 09:16:41 AM

As per my view , Still bnb more potential. now go around 270-300$ per coin. Today announced a new IEO. I think In the end of April 600$ per coin is more viable.

- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular

So what you all think about this?

I'm not sure that the BNB is so undervalued, because many people consider it a better coin than Ethereum and invest in it, in general, I also think that the BNB has much more potential, but as the market shows, it still still evolving.

And yes, I agree with your opinion that at the end of April the BNB will most likely have a higher value than now (around $ 297), I can't predict how much more, but I'm sure it will be over $ 350 at least .

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Binance has been successful through the months and it has substantially gained value at the start of 2021. Binance coin is pretty viable since it is used to fuel transactions on the chain, paying for transaction fees on Binance Exchange, making in-store payments, and many more. Because of its usability, more and more individuals are leaning towards this coin, resulting to a high demand and increase in value. I personally believe that they can reach 600 dollars in the future. Though, for this to happen they should work on their exchange to fix some minor issues that users have experienced in the past. There has been an issue around the time of the market cluster issue. In redeeming a couple of BNB from the LIT pool, there was a usual success message with an error icon. Since then, the tokens in question are nowhere to be found. There's no trace from the pool, except the history of interest of LIT showing a difference. It was experienced by several users, binance should fix this sudden errors, it's kind of nerve wracking if you were to lose some coins in the exchange.

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Quote from: Lordhermes on March 30, 2021, 06:07:18 PM

IDO is more popular but Binance isn't conducting Ido, BSC is skyrocketing the crypto corners and many upcoming projects are building on it, they are actually dominating since they have less transaction fee, fast and reliable.
Bnb has always been a good coin despite last week dump but going high now to $306, BNB is having a token burn when need arise, just that lets you know BNB would be greater in price in the future, the best time to buy BNB is always now, and it's going do wonders too.

Binance does not need to do IDO I think they realized that with their Binance Launchpad in the past, they suffered from a bad reputation when the IEOs launched and did not make money (in fact lost investors a lot in the end).

Now I think they just want to help platforms like PancakeSwap to do IDOs like they are doing now,,, you can see plenty of IDOs on Pancake.

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Quote from: tabas on March 30, 2021, 03:33:05 PM

You can have that speculation that BNB is still undervalue if it's already $300. And having it multiplying to two for its price, that's also possible to happen for a short period of time.
It's because that before it goes $300, it was just around $100 and that's making it possible if your price prediction is $600.

To have changes in value simply shows us that it goes very well. We cannot say it's undervalue because the changes of the value from the start until now change a lot. In next days or month their is possibility that it will double the price and be one of the top listed and most demand to many people. Holding is best to do right now.

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Quote from: alchemister on March 30, 2021, 01:11:52 PM

I think the ability to make copy products of Binance is wonderful
Similar to generic drugs that offer excellent products at low prices
BNB is our strong ally
Beware of US regulations

BNB's ambitions are huge, having taken ETH's large user base on the launch of BSC, clearly preparing a new direction of development. The data proves that BNB has increased its market cap by more than 30% and its value has increased by more than 700% since January 1 this year. With the position going up, BNB's potential will not stop. In fact, if the BNB accumulator pump would be up to 7000% long term. will be 3k$ in the long term.

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no, i think the OP is right, because in my opinion BNB can reach about $1000 in this year and of course if the price can hit that price level
at this moment the price of BNB still undervalued, right ?

I did not say BNB can not rise more. 91% of total supply of the Binance coin has been circulated on the market. 155 millions of BNB in more than 170 millions of max supply are not a small number.

The Binance Smart Chain will have more competitors and if you consider BSC is one of main contributors to the price growth of BNB, chain market will be saturated some day. Binance and CZ are smart and they are pioneers in the game but their can not play as a dominator in this area.

Huobi with HECO chain and more big exchanges will release their own chains. Will DeFi last more than 2 or 3 years without any big collapse from shit tokens?

https://coinmarketcap.com/currencies/binance-coin/

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Quote from: ?? on ??

Its not undervalued but I see this coin as a real gem and there’s a big potential that it reach a new peak especially its own network continues to rise. There’s so many good about BNB, and this is not just the best exchange BNB also one of the cheapest network to transact for as of the moment.

their BSC really helps a lot in carrying this token price and if ETH still in a quarrel between each other it only matters of time until BSC gets more populated with more projects.
I do personally think it's still kinda undervalued considering its potential but I also judge their centralized nature that's not really worth the price, I still prefer the true decentralized ones, if only their BSC are decentralized maybe it's already sky rocketing its price.

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Quote from: udayantha11 on March 30, 2021, 09:16:41 AM

As per my view , Still bnb more potential. now go around 270-300$ per coin. Today announced a new IEO. I think In the end of April 600$ per coin is more viable.

- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular

So what you all think about this?

Its not the most popular but recently, there's a strong demand for BSC network and that makes this project more valuable.
Looking at the price of BNB right now is around $300 and that's not undervalued since last year is just around $30 so technically, it grows a lot and maybe we might not be able to see its new peak on this quarter. We are seeing more projects coming into BSC network, this a great option today and the future is bright with BNB, keep holding.

sayaya17

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For me, BNB price is quite high because it has reached $300 per day today. But somehow everyone's assumptions are different.
It's possible that BNB will rise again faster, but I'm not sure if April will reach $600 as OP said. although indeed if binance coins
will soon burn their coins in April. This is the 15th burning for binance coin burning.

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Based on my observation, BNB definitely has the potential to eat up Ethereum's complete smart contract scenario because of the fee related issues. BNB had been the best asset of them all outperforming even BTC's dips and reacts on pumps very quickly. So holding on to your BNB is really good because there are many projects launching over their bscpad that require you to hold a good amount of BNB which is why people buy so many BNB and hold it. I still believe in BNB as many more projects are yet to come, which will help BNB to eventually take over ETH's price.

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Its not undervalued but I see this coin as a real gem and there’s a big potential that it reach a new peak especially its own network continues to rise. There’s so many good about BNB, and this is not just the best exchange BNB also one of the cheapest network to transact for as of the moment.

That's another advantage and a good reason why there's anticipation with new ATH.

With this project booming chain, lots of traders and developers are now seeing a clear path towards this project's success.
We might see more as the progress continue, investing to this assets will provide good long term success.

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Quote from: udayantha11 on March 30, 2021, 09:16:41 AM

As per my view , Still bnb more potential. now go around 270-300$ per coin. Today announced a new IEO. I think In the end of April 600$ per coin is more viable.

- BSC chain is more popular
- BSC pad is more popular
-IDO is more popular

So what you all think about this?

BNB has so much potential because the Binance platform is a top exchange in the cryptocurrency community as a lot consider it as the number 1 exchange because of the countless projects and development of the platform. The benefits of holding BNB is exceptional compared to another exchange token especially if your going to hold the BNB in the Binance platform. Something like launchpad and snapshots events could give you a good profit not just getting APY but airdrops from the exchange give a good profit talking about hundreds of dollars to thousands of airdrops if your lucky.

Lordhermes

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IDO is more popular but Binance isn't conducting Ido, BSC is skyrocketing the crypto corners and many upcoming projects are building on it, they are actually dominating since they have less transaction fee, fast and reliable.
Bnb has always been a good coin despite last week dump but going high now to $306, BNB is having a token burn when need arise, just that lets you know BNB would be greater in price in the future, the best time to buy BNB is always now, and it's going do wonders too.

poldanmig

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BNB is not under value because now people need BNB as well as ethereum which is used for transactions on the binance smartchain network. which in my opinion is now an option if we are interested in addition to altcoin on the ethereun network. IDO. IEO is another thing that also makes holders still believe because one of the requirements to follow must be HOLD altcoins. In my opinion, the price of BNB is still cheap

doctor877

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For me I don't think it's undervalued, its doing well and it will be better for it to have a smooth growth than some people influencing the movements with there messages. I am Holding BNB, it has a good chain. There is a tough competition in this space.

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Quote from: asriloni on March 30, 2021, 05:45:16 PM

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no, i think the OP is right, because in my opinion BNB can reach about $1000 in this year and of course if the price can hit that price level
at this moment the price of BNB still undervalued, right ?

I'm not sure about that but when you are asking him and he has different opinion about minimum rate to determine whether BNB still undervalued or overvalued.

I guess we must see that from the fundamental that was backing it.

We know that binance platforms have been developing various platform in the same place.

Just like BSC, launchpool, Launchpad, exchange site, Binance pay system, staking system and many more. If you are also seeing it from the total supply and BNB is still undervalued based on in opinion caused by it offers bunch of usefulness.

It is okay if the value right now seems to be undervalued.
Because it means, it has potential to grow more in the coming months, or years.
It is better to have organic growth rather than seeing it increased drastically.
The price will increase on its own terms, as long as they are providing their excellent services to its customers.
And that means, this one will be a good one to invest with because it has a good foundation to begin with.

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Quote from: ?? on ??

no, i think the OP is right, because in my opinion BNB can reach about $1000 in this year and of course if the price can hit that price level
at this moment the price of BNB still undervalued, right ?

I'm not sure about that but when you are asking him and he has different opinion about minimum rate to determine whether BNB still undervalued or overvalued.

I guess we must see that from the fundamental that was backing it.

We know that binance platforms have been developing various platform in the same place.

Just like BSC, launchpool, Launchpad, exchange site, Binance pay system, staking system and many more. If you are also seeing it from the total supply and BNB is still undervalued based on in opinion caused by it offers bunch of usefulness.

tabas

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You can have that speculation that BNB is still undervalue if it's already $300. And having it multiplying to two for its price, that's also possible to happen for a short period of time.
It's because that before it goes $300, it was just around $100 and that's making it possible if your price prediction is $600.

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Quote from: udayantha11 on March 30, 2021, 09:16:41 AM

As per my view , Still bnb more potential. now go around 270-300$ per coin. Today announced a new IEO. I think In the end of

What do you mean ,they announced new IEO?

I have to say that this BSC run has me thinking of the last bull run when we saw XRP rising very fast and when we tought it has aready had an incredible run, it run more, just like binance coin. The only difference is that binance coin has much more usecases and the ecosystem is exploding.

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