BNB will remain valuable for a long time - page 11.

Alanaz

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Quote from: Amejoaquim on April 13, 2021, 09:02:25 PM

I've been holding this coin more than 2 years and still counting.

My target for this coin is $2k and i hope my goal can be reach in this year or maybe next year.

BSC is the future

I think this could happen because if we look at it now, BNB is getting soaring up every day and we can see for now that BNB is burning which makes coins even rarer to get. but this certainly takes a long time. you have to be patient

bandungan

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BNB has proven today that BNB will become a great platform in the future, we know that BNB currently supports many large and successful ICO projects. This indicates that many people are starting to open up with BNB and use BNB for their best short-term or long-term assets into the future

decodx

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According to the latest announcement, Binance will list the Coinbase Stock Token on their platform.

Quote

Fellow Binancians,
Binance will list the Coinbase Stock Token (COIN) following Coinbase’s official listing on NASDAQ. We will post a further announcement when the COIN/BUSD trading pair is open on Binance. Users will be able to trade fractional Coinbase stock on the Binance website.

It should be noted, however, that the Coinbase Stock Tokens will not be available to all. Users living in China, Turkey, the United States, and other restricted jurisdictions will be unable to trade COIN.

bryant.coleman

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Quote from: Gorosden on April 14, 2021, 08:01:00 AM

The war between BSC and ETH haven't even started yet because ETH haven't roll out the gas fee update yet, until then we still don't know how Ethereum will perform against BNB, I won't be surprise to see ETH taking back it's glory though, so until then peace out

Yeah sure... I have been hearing about this for the last two years. To this date, the Ethereum developers haven't taken any concrete step to lower the transaction fee. They always play delaying tactics to temporarily satisfy the critics. On the other hand, the developers behind Binance Smart Chain (BSC) have worked hard to make their Blockchain as technologically advanced and user friendly as possible. Nothing is constant in the field of cryptocurrency. Users will eventually prefer a coin that is more user friendly, although this transition may not happen overnight.

Gorosden

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The war between BSC and ETH haven't even started yet because ETH haven't roll out the gas fee update yet, until then we still don't know how Ethereum will perform against BNB, I won't be surprise to see ETH taking back it's glory though, so until then peace out

slaman29

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Quote from: shinratensei_ on April 13, 2021, 10:18:52 PM

I do agree with all of your points mates, BSC has become a store of value for some people. People bought BNB are not only caused by the solution that already offered but BNB gives so many benefits to its token holders compared with another exchange token. The scalability problem is not a big problem as long as it can be forked to increase the blocksize but the main problem was whether the community wanna fork it or not.

That will need a lot of effort to prepare the fork but it's not impossible to be implemented on ethereum to increase the block size. BNB may become the next ethereum next years

Store of value? That's what people used to think of ETH in 2017 when they put it in at around 1400. It's not a store of value if it drops to $100 which was almost 6% of ATH, and several times too.

Bitcoin at the worst crash was only 15% of ATH and that also didn't last long.

BNB is way way too new to call it store of value.

susuberuang

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BNB is my favorite altcoin, apart from having good prospects, BNB also has very low transaction fees compared to etherem, this provides its own advantages for BNB, because now many traders have switched to the BSC network, of course BNB will stay afloat with high prices for a long time ,,,

bryant.coleman

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Maybe individual that are new to crypto might not care about Decentralized or Centralized nature. Binance is giving head-up due to the price but as soon as the ethereum POS is fully implemented, the party will be over and everyone will go back to the former way. I am not disputing the fact that BSC is not a good project but many will still prefer ETH over BSC if the issue of fee is solved

Most of the users nowadays are profit driven and not ideologically driven. Investing in centralized tokens and coins can be risky, but for a lot of people the level of risk involved is not large enough to deter from investment. And a lot of centralized cryptocurrencies are already in circulation, and very few users have faced issues with them (I am talking about XRP, USDC.etc). I guess for short-term investment BNB is going to be OK.

jjdub7

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I completely agree with you and I think that the BNB will continue to accumulate value and more and more people will turn to it and invest for this reason, even if they do not use it for transactions in the Binans ecosystem.
Binance Coin is a exelent oportunity.

beerlover

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Quote from: adekogbe on April 13, 2021, 06:24:00 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

Remaining valuable is something completely different from remaining stable. I believe all the well-known coins are always valuable because there are enough adopters to keep buying so that it will be withstanding against selling pressures. I have not seen any established coin got delisted from exchanges. So, it means all established coins are valuable over the years.

Remaining stable is not possible in this early stage of crypto space and this is the reason almost all the crypto currencies are facing cycle of pumps and dumps periodically. I guess BSC cannot be an exception for that cycle.

danherbias07

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One more reason could be we got used to cheaper transaction with Ethereum.
When it was gone, we look for an alternative and Binance offered a good one.
Regarding the value of it, I agree it will take a long time. As long as Binance keeps on being the number 1 exchange out there.
That is the root of all this price being pumped in such a short span of time. Taking out the root will have no fruits.
I hope they can keep up with their good offers and their customer needs.

ven7net

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Quote from: adekogbe on April 13, 2021, 06:24:00 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

You're right! BNB was able to overcome the problems of BTC and ETH and at the moment this is the most important thing, as it allows the crypto community to quickly transfer cryptocurrency with minimal transaction prices. Probably the concept of decentralization at some point was exaggerated and not, as we can see, could not find a solution related to the cost of transactions and their speed, and now this is not so important, because the same BNB has already solved these problems and is already attracting a lot of attention.

TheMimic1

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We can never tell, I don't want to predict the future but I'm certain that vitalik isn't a fool, something new might come up in future and make Ethereum is good blockchain option for new projects once again, it's never too late I believe if not Ethereum wouldn't be growing higher day by day

Aubameyang

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Xircus

Quote from: WalkerIVIV on April 14, 2021, 03:51:23 AM

Quote from: Luffygroove on April 14, 2021, 02:41:48 AM

not until ethereum fixes the issues or, there comes a new decentralized coin that has the same or more utilities than ethereum

It will never happen and do you think it's easy to make those people will be moving to the ethereum platform again? they will never move if they were not facing a big problem with ethereum fees.
So many small traders have been moving to the ethereum and they will never came back again until the tx fees will be less than $1 dollar.
Even $1 is still a lot for all of them. Utility is not only the important thing

I think people will search for another platform for some reason:
1. Tx fees or cost is the cheapest among the other platforms
2. Easier way / the new platform could be simplified the transactions for user
both of bnb and ethereum has their pro and cons, but I think the two of them will be valuable for a long time.

WalkerIVIV

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Quote from: Luffygroove on April 14, 2021, 02:41:48 AM

not until ethereum fixes the issues or, there comes a new decentralized coin that has the same or more utilities than ethereum

It will never happen and do you think it's easy to make those people will be moving to the ethereum platform again? they will never move if they were not facing a big problem with ethereum fees.
So many small traders have been moving to the ethereum and they will never came back again until the tx fees will be less than $1 dollar.
Even $1 is still a lot for all of them. Utility is not only the important thing

Luffygroove

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not until ethereum fixes the issues or, there comes a new decentralized coin that has the same or more utilities than ethereum but fewer fees and faster or, bnb developed further and have more utilities than now. Some people might ignore the centralization, but some people who still held the decentralization principle will still consider this. Each project has its own demand, even fanatic fans so now it depends on each project to keep them stay or invite new adopters with their progress and plan.

senyorito123

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Quote from: 0t3p0t on April 14, 2021, 12:59:05 AM

Quote from: 777Jolami on April 13, 2021, 06:58:00 PM

Quote from: adekogbe on April 13, 2021, 06:24:00 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

Data may not be a measure but is always relied upon for judgment and analysis. BNB's market cap grew very quickly when BSC launched. A number of recent projects based on ETH platform are gradually converting to BSC, bringing in users and investors. Obviously the popularity of BNB is terrible. With a great reputation from Binance's growth and maturity over the years, I am confident they will improve and grow BSC continues to grow steadily in the future.

Yeah no doubt about that mate as you have said other platforms are converting to BSC due to it's much lower fee. Reputation is always there for the Binance platform as well that is why users most especifically traders love to use it all the way. And based on the current situation where BSC is on trend no doubt for BNB is a good long term coin and platform but still it is the matter of competition the best will always win whatever platform its.

Correct, besides BNB is already known by many people and one of the most followed in Crypto. Seeing the standing of BNB would make me believed that it will remain valuable for a longtime. One thing also that makes people love it because of the its value that goes up. Surely this will be one of the well-known coin and demand coin in crypto market.

Sithara007

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Quote from: BaeSuzy on April 13, 2021, 11:05:35 PM

Agree, i think BSC will dethrone ETH in the next few years and it will be so easy for BNB to take the second place in cmc from ETH, if ETH can't fixed the fee issue damn, it will be so bad for their future.

Ethereum developers are just digging their own grave by trying delaying tactics and taking no action against the extremely high gas fee. Many of the bounty hunters can't even sell their tokens due to the high transaction fee. And the developers are completely blind to this, and they are giving the excuse that the fee will get lower after the London hard fork or by 2023 or 2024. These are just delaying tactics and they don't want to act against the high fees.

0t3p0t

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Quote from: 777Jolami on April 13, 2021, 06:58:00 PM

Quote from: adekogbe on April 13, 2021, 06:24:00 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

Data may not be a measure but is always relied upon for judgment and analysis. BNB's market cap grew very quickly when BSC launched. A number of recent projects based on ETH platform are gradually converting to BSC, bringing in users and investors. Obviously the popularity of BNB is terrible. With a great reputation from Binance's growth and maturity over the years, I am confident they will improve and grow BSC continues to grow steadily in the future.

Yeah no doubt about that mate as you have said other platforms are converting to BSC due to it's much lower fee. Reputation is always there for the Binance platform as well that is why users most especifically traders love to use it all the way. And based on the current situation where BSC is on trend no doubt for BNB is a good long term coin and platform but still it is the matter of competition the best will always win whatever platform its.

Stanlo

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BSC and BNB looks like the perfect future for new projects and even old projects but I'm not 100% confused that Ethereum will just sit back and watch, I believe that BNB is taking the lead and it will be for a short period of time, once ETHEREUM gas fee is solved it's over

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