BNB will remain valuable for a long time

mdzahed134

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Quote from: btc-facebook on April 20, 2021, 06:42:02 PM

BSC does not solve that problem, actually BSC is the same as ETH, the difference is that BNB prices are still cheap when compared to ETH, if the BNB price is more than $2000 I am sure the BSC gas fee will also be expensive following the expensive BNB price,
the same as ETH, which is actually cheap gas fees, but because ETH prices are above $2000, ETH gas fees are expensive.
For the long term there is no doubt about the BSC, because BNB has strong fundamentals.

Right now can be said that Binance solved the gas fees issue because now people’s can made transaction with very low fees instead of Etherum gas fee. Also your thinking isn’t wrong If BNB price will increase huge But you know BNB was 690$ but when i have not seen gas fee was expansive for what are you worried.

Momoamzad

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BNB has a great future . It's price is now so attractive and it is going to be the next ETH . Just a matter of time. As it is a coin of Binance exchnger and binance is one of the most popular exchnger so it will always valuable for a long time. Bull run start and the price will go to the moon 🌒

lenovop-70

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Well yes, BNB is the soul of BSC network as their utilities, as we know, the BSC network is alternative who provided by Binance to give solution regarding the high gas price on Ethereum network, people like this solution and used the BSC network and so on until today, its will make BNB valuable and more.
I have prediction 5 years forward, BNB will stable at $800 range if the trend still on BSC side, we will see that.

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Quote from: adekogbe on April 13, 2021, 07:24:00 PM

While BNB appeals to the wider crypto users because the binance smartchain currently seem to have overcome the biggest issue that most cryptocurrency users have with bitcoin ethereum and the ERC 20 blockchain tokens. This problem is the speed of transaction and and the cost of transactions.
This is a problem that BSC currently solves, and while a lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized a coin or token is, they just want the solutions they it offers.
This is why i think BNB an the BSC will remain very valuable in years to come

Agree with your analysis, people don't care how decentralized a coin or token is, people think it's only a matter of the solution provided by the coin, if the transaction speed and fees are cheap, people are more likely to use it than expensive fees and slow transactions.

BNB and BSC will remain valuable in the years to come, this is in line with what they offer today, it is impossible for them to sacrifice that reputation to drop themselves, they have done careful preparation from the initial preparation until now.

I think both of them will continue to be people's choice in the future, considering the many solutions they offer to people, and making it easier for us to transact.

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Quote from: adekogbe on April 13, 2021, 07:24:00 PM

While BNB appeals to the wider crypto users because the binance smartchain currently seem to have overcome the biggest issue that most cryptocurrency users have with bitcoin ethereum and the ERC 20 blockchain tokens. This problem is the speed of transaction and and the cost of transactions.
This is a problem that BSC currently solves, and while a lot of people might argue that BNB is not a fully decentralized coin, i think it is worth noting that a lot of users dont care much for how decentralized a coin or token is, they just want the solutions they it offers.
This is why i think BNB an the BSC will remain very valuable in years to come

I absolutely agree with you that the majority of people don’t care about decentralisation. They just want fast cheap transactions that can be provided by Binance Smart Chain. As BNB is essential to run transactions here and there are a lot of people who want to invest in different defi-projects on BSC. BNB is very popular now and must remain valuable in the future as well.

bitcoin-shark

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until eth fees for transactions stabilize and return to acceptable values (less than $ 1) bnb and bsc blockchain will remain on the crest of the wave and with an ever-increasing value even if it is not completely decentralized and has few validators offers fast and low cost transactions

cricketkhampion

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Yes, I think now It will remain valuable for a long time because it is going famous like ETH and BTC I have invested in BNB because it is a very unique project I hope it will cross 700+$ I suggest that you should invest in BNB Ii will be profitable for us Cool

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As long as there is a Binance exchange and there are new projects on the BSC network, then BNB will always be used and exist forever, this happens because BNB is the fuel on the BSC network and some rewards will be owned by traders who use BNB for trading fees, that is great idea and I think BNB will have a bigger market cap than at the moment

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Quote from: oprahwindfury on July 31, 2021, 11:26:11 AM

That is no question particularly when you see their present circumstance in the market where the cost is abruptly expanding too. There's something with BNB why financial backers needed to believe it and their trade is truly outstanding in our present time. They additionally have their own Network which has the least gas expenses you can discover there. As it seems like you are being served in one spot. That is the reason numerous individuals have hypothesized that the cost will going to keep on ascending because of its special and great assistance that they offered to their clients.

no wonder the price of BNB is now increasing. that's because BTC also affects the altcoin market today.
but the development of BNB is indeed very interesting. The fires that are made and the updates that Binance makes every time there is a new trend are always the attention of the crypto community.
it is not wrong to choose BNB for long-term assets. it must be profitable. And also don't panic if you see the market going down. BNB will still have the potential to rise again. believe me.

oprahwindfury

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That is no question particularly when you see their present circumstance in the market where the cost is abruptly expanding too. There's something with BNB why financial backers needed to believe it and their trade is truly outstanding in our present time. They additionally have their own Network which has the least gas expenses you can discover there. As it seems like you are being served in one spot. That is the reason numerous individuals have hypothesized that the cost will going to keep on ascending because of its special and great assistance that they offered to their clients.

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Quote from: geegaw on July 31, 2021, 10:52:49 AM

Quote from: deathcode on July 31, 2021, 07:03:57 AM

Quote from: desticy on July 31, 2021, 07:00:18 AM

BNB will be as valuable as Binance maintains its ecosystem and spreads the influence of its network.

If suddenly transactions in the Ethereum network cost the same or cheaper than in the BSC network, then most likely the BSC will lose its relevance as such.

I think the existence of BSC is not only because of the low cost or the more expensive ethereum.
BSC project adoption is now so strong, it's hard to say that BNB gets full support in the market than ETH. but now we see BNB gaining momentum.
what I see BNB will last for a long time is due to the product development from binance. they are always trending for popular news in the crypto market.

Agreed, when when the BSC sets the date of operation and the role of this network, they have certainly run betas to calculate how much competition ethereum can create for them and with such an official launch, they clearly have confidence in their product and their network, it won't just be a cost advantage, the advantage of will lie in many different points for users to discover or it will actively publicize itself over time. Ethereum is already an old trail, Binance has analytics and won't step on the same old mistake

So long Binance will innovate their platform and continue their operations, BNB will stay strong in the market. They continuously offer various products and services to cater all kinds of crypto users. Definitely, their development team is busy researching what needs to be done to stay relevant in this market. And I don't think CZ will abandon his platform for nothing. Despite of some investigations that we are hearing, I think they are strong enough to combat such issues.

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Quote from: deathcode on July 31, 2021, 07:03:57 AM

Quote from: desticy on July 31, 2021, 07:00:18 AM

BNB will be as valuable as Binance maintains its ecosystem and spreads the influence of its network.

If suddenly transactions in the Ethereum network cost the same or cheaper than in the BSC network, then most likely the BSC will lose its relevance as such.

I think the existence of BSC is not only because of the low cost or the more expensive ethereum.
BSC project adoption is now so strong, it's hard to say that BNB gets full support in the market than ETH. but now we see BNB gaining momentum.
what I see BNB will last for a long time is due to the product development from binance. they are always trending for popular news in the crypto market.

Agreed, when when the BSC sets the date of operation and the role of this network, they have certainly run betas to calculate how much competition ethereum can create for them and with such an official launch, they clearly have confidence in their product and their network, it won't just be a cost advantage, it will be an advantage in both the transaction process as well as the confirmation experience, creating the most user-friendly environment. Binance not only knows how to exploit one angle of the product, it exploits many different aspects

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Quote from: desticy on July 31, 2021, 07:00:18 AM

BNB will be as valuable as Binance maintains its ecosystem and spreads the influence of its network.

If suddenly transactions in the Ethereum network cost the same or cheaper than in the BSC network, then most likely the BSC will lose its relevance as such.

I think the existence of BSC is not only because of the low cost or the more expensive ethereum.
BSC project adoption is now so strong, it's hard to say that BNB gets full support in the market than ETH. but now we see BNB gaining momentum.
what I see BNB will last for a long time is due to the product development from binance. they are always trending for popular news in the crypto market.

desticy

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BNB will be as valuable as Binance maintains its ecosystem and spreads the influence of its network.

If suddenly transactions in the Ethereum network cost the same or cheaper than in the BSC network, then most likely the BSC will lose its relevance as such.

Rakeshten

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Yes, Binance Smart Chain is a long-term project. I am sure it will not give up soon. This coin is the world's biggest exchange, so It may never give up and will increase day by day. As you can see BNB was only 30-40 at the end of 2020. but now it is approximately 300$. That is almost 10x. Binance is upgrading its services. They have launched Binance pay. So I think now many new users and investors will be attracted.

dark1234

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BNB is in demand because it has many utilities, such as payment for trading fees, exchange fees, listing fees, and other fees found on the Binance exchange.
Plus, every trader who uses BNB will get a discounted fee for every transaction made on the Binance Exchange. so BNB will continue to survive and grow and this can't be doubted anymore

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Quote from: djcaoile1205 on July 13, 2021, 01:28:30 AM

Only while CZ is ready to affect the market. Or while binance is here. Without CZ bnb is useless

I guess even if there's no more CZ, BNB will continue to stay. Just as how bitcoin stays even without satoshi as it's already built up the community and its economy.

Quote from: KaliLinux on July 13, 2021, 01:50:04 AM

Without Satoshi, there would have been no Bitcoin and without Vitalik there would have been no Ethereum, so what's your point? or maybe you are saying if CZ somehow sizes to exist, BNB is dead? Is BTC dead without Satoshi or may ETH too will be useless without Vitalik? Of cause all the cryptocurrencies were developed by someone and that someone will have to continue to push its development and marketing to attract more investors and CZ happens to know exactly what he is doing with the BSc and BNB being the native coin of the chain and he has offered to investors what they want, mostly with any network, low fees and fast transactions which is working for him as it was for other networks until investors started complaining about high transaction fees/time.

I reckon what this guy has said. That's what I've thought quickly if BNB is only about CZ as you say.

KaliLinux

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Quote from: djcaoile1205 on July 13, 2021, 01:28:30 AM

Only while CZ is ready to affect the market. Or while binance is here. Without CZ bnb is useless

Without Satoshi, there would have been no Bitcoin and without Vitalik there would have been no Ethereum, so what's your point? or maybe you are saying if CZ somehow sizes to exist, BNB is dead? Is BTC dead without Satoshi or may ETH too will be useless without Vitalik? Of cause all the cryptocurrencies were developed by someone and that someone will have to continue to push its development and marketing to attract more investors and CZ happens to know exactly what he is doing with the BSc and BNB being the native coin of the chain and he has offered to investors what they want, mostly with any network, low fees and fast transactions which is working for him as it was for other networks until investors started complaining about high transaction fees/time.

djcaoile1205

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Only while CZ is ready to affect the market. Or while binance is here. Without CZ bnb is useless

ttcsalam

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When the price was low we can't imagine it. but now we see lots of good projects using the BSC network and the transaction fee is low for that reason we can expect in the near future BNB will Boom.so for the long term, I am holding a single BNB.

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