BNB VS Eth - Invest in ETH since BNB is centralized - page 3.

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Quote from: Nalbo on November 12, 2020, 11:59:57 AM

There are businesses and exchanges that would freeze the coins for you for some fees. But with the nice reward and unlimited supply, I don't think Ethereum would have a large price increase as increasing in price would decrease it's utility by increasing the transaction fees for tokens and smart contracts. So ETH should be in good supply in low in price to stay usable.

The increase in the cost of the network Commission per transaction is not related to the increase in the price of Ethereum. Because the reason for the increase in the cost of the Commission is an increase in the number of completed transactions, which is a consequence of high user activity.

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BNB is not centralized, but maybe less decentralized. You know about XRP right. We all know that the coin centralized but people still interested to invest in it. So I think even centralized status is not give a huge impact, so what you think if only less decentralized. I still believe that BNB is a good investment, Ethereum too. Both are good

ekeh

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Ethereum blockchain industries can not be compared with other alt-coin, including BNB, beside BNB Coin no reach ETH weight for one day, invest wisely, BNB coin is also good to invest for future profit in business.

casperBGD

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few in the crypt space has as good track record as Binance, I see no reason why they shouldn't continue to deliver

it is one thing that Binance will probably be here in crypto in ten years, but BNB value could go in all directions, and does not have to follow Binance exchange success, could, but does not have to
one has to be very cautions with this, and not just follow success of Binance, since it is not interconnected with BNB value

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These are both potential coins that can definitely give a huge amount of profits in the long run, but one looks more appetizing than the other, the ETH 2.0 will soon be launched and the hype around it is really crazy, each time they announce that they are close to launching it, the price of Eth will just start pumping, fomo I guess, but it's definitely a better a investment for now, take nothing from BNB it has done really well, but ETH seems like a better choice at the moment.

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I am investing in both since they are great projects. they have evolved and develop well all through there road map. No need to make a choice between the two of them for me, both projects should be seen in all investors portfolio. ethereum is good and bnb is also good. both offered a L1 platform for other projects to develop their tokens. it makes no sense separating them.

Octular

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Quote from: cahkalem on November 13, 2020, 04:18:37 PM

Quote from: DashingAgent on November 10, 2020, 10:56:36 AM

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.

invest in both altcoins will be better buddy,
centralized or not binance coin has a lot of potential to grow more in the future, especially with burning actions in this altcoin

Agree!
And diversification is good. Don't put all eggs in one basket.
Me myself I try to keep about 10 coins in my portfolio

You can checkout my portfolio here and see my performance

https://altpocket.io/profile/Octular

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Quote from: DashingAgent on November 10, 2020, 10:56:36 AM

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.

invest in both altcoins will be better buddy,
centralized or not binance coin has a lot of potential to grow more in the future, especially with burning actions in this altcoin

Octular

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Why not buy BNB if you belive in the company?
I'm bullish ETH, but I also have astake in BNB because I think Binance is doing a fantastic job building good services.

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Quote from: Kupid002 on November 11, 2020, 06:56:08 AM

For me I will choose what coins that can give higher interest . If eth can give me large interest by staking why not , but if BNB can give more I think centralization will not be a big problem you are only taking that as an issue because of their exchange which is centralized.

I will enter my money for the project that I think can give me good profit by investing in them whether it centralized or not.

That is right and actually USDT is one example how even centralized coins can have massive volumes as well because it currently ranks on no.3 at coinmarketcap which shows that traders and crypto investors are not deterred too much if the coin is centralized or decentralized as long as it is useful and serves a purpose for the crypto investors.

USDT helps people fix their portfolio while still remaining in crypto. So one can change their BTC into USDT and vice versa if they feel the market is going to go down or up based on that.

Don't know if many people invest in binance coin because it does not serve any purpose to people who do not use the Binance platform so it dos not have much to do with an average trader who doesn't trade on Binance.

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ETH is more decentralized but BNB is backed by CZ and his ecosystem, which is the engine of value for BNB. The problem I am concerned with now is that ETH's start-up fund is running low, while BNB has an abundant supply of partners and the profits from the Biance.com exchange.
Although ETH is more popular in everyday use, it is BNB that provides income and motivation for programmers. It is the programmers who bring the trend to the whole market.

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Quote from: DashingAgent on November 10, 2020, 10:56:36 AM

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.

How about investing in both project? Care more about how much you will make in future than worries about centralized or not, BNb token is binance exchange token and it's not a small platform, 100$ per bnb token is highly possible in future, if I were you I'd buy both and keep in my wallet

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Both were good investment but ethereum is the best investment especially there is eth 2.0, this can make the price increasing if it is released so it is good gain more ethereum and hold until it release.

indeed both of them have very good potential for investment, but in this case you have to be able to choose the one that is the best, from this problem I prefer BNB which is very good for long-term investment because the price is still cheap and the influence of the limited supply, maybe BNB is the best.

But if ethereum 2.0 is launched and can cut the total supply of ethereum so that it has a limited and maximum supply then ethereum is the best, so we will see if in early December how the results of the project launched ethereum will be.

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Quote from: DashingAgent on November 10, 2020, 10:56:36 AM

BNB VS Eth - Invest in ETH since BNB is centralized

I'm actually a fan of both projects, however saying people shouldn't invest in BNB because it's centralized doesn't really make much sense, the aim of investing is making profit after all. BNB also has solid product backings, Binance smart chain is cool too and curbs the absense of smart contract which was an initial drawback. I like the fact that some newer projects / blockchains sprout and try to compete with existing projects, this help to improve on overall blockchain architectures. Everyone should decide what coin to invest in, no one should pose as a financial advisor here.

J1mb0

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The majority of investors in the crypto market are only interested in profits, not much about decentralized or non decentralized coins. ETH and Binance are both good coins and have potential so investing in these two is a good investment.

Quote from: mk4 on November 10, 2020, 11:52:58 AM

With that said, I ain't investing in either. Bitcoin is the only crypto project that's actually decentralized.

Yes, up until now, only bitcoin is the only real decentralized currency. All the rest of the altcoins are created from a certain development team and they can manipulate it.

1l1l11ll1l

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I wont say that BNB will lose to ethereum. the fact is that BNB is still a pretty good investment due to the good performance of their platform. as an investment, both are quite good but in terms of usability as well as long term maybe ethereum is a bit superior

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Quote from: DashingAgent on November 10, 2020, 10:56:36 AM

BNB VS Eth - Invest in ETH since BNB is centralized

Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.

BNB known as a part of the best ethereum competitors now, maybe if we choose ethereum thats could be the best idea, but Binance coin also a good altcoin my friend, so, i prefer you to invest in Binance coin too altough this coin is more centralized than ethereum

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Quote from: tvplus006 on November 12, 2020, 11:54:42 AM

Quote from: BDBitcoinExpart on November 12, 2020, 08:28:56 AM

I have invested in ETH. 524,288 ETHs are required for Eth 2.0 to launch. And one person needs 32 ETH. It must be held for 1 year after stake. So I think ETH pump soon.

But so far, there are very few people who want to freeze their Ethereum for 1 year. And this is because in addition to the fact that you have to send 32 ETH under the contract, so also, you will need to maintain a round-the-clock node. And if you can't do that, you will be fined.

There are businesses and exchanges that would freeze the coins for you for some fees. But with the nice reward and unlimited supply, I don't think Ethereum would have a large price increase as increasing in price would decrease it's utility by increasing the transaction fees for tokens and smart contracts. So ETH should be in good supply in low in price to stay usable.

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Quote from: BDBitcoinExpart on November 12, 2020, 08:28:56 AM

I have invested in ETH. 524,288 ETHs are required for Eth 2.0 to launch. And one person needs 32 ETH. It must be held for 1 year after stake. So I think ETH pump soon.

But so far, there are very few people who want to freeze their Ethereum for 1 year. And this is because in addition to the fact that you have to send 32 ETH under the contract, so also, you will need to maintain a round-the-clock node. And if you can't do that, you will be fined.

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Quote from: boyptc on November 10, 2020, 07:21:21 PM

ETH is the best altcoin, no doubt. I can't say if BNB is trying to compete it but it does do the same thing as ETH.

But, I have ETH and none for BNB.

ETH 2.0 will pump it.

I can't say ETH is the best altcoin or will rise to moon with 2.0 but one thing I certainly agree with is that ETH has the highest use case and so many tokens are made on the ERC-20 blockchain that it feels like ETH is way ahead of others in terms of use cases.

I hold some BNB as well as ETH because BNB is always going to increase as Binance becomes more and more dominant in the crypto community and I don't have any survey results to back my statement but I believe at least 30-40% of the significant traders (those who trade big) are doing the trading on Binance, that is what I believe will make the BNB always constantly rising as they use BNB to reduce their fees on trading.

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