Even if the speed of transactions and cost of transactions kinda high it's gonna remain valuable as long as binance which is the owner of the coin remains a giant and exist.
You know, the more reason why BNB could increase in value so easily because binance's services are really popular and by knowing that BNB is owned by binance they already sees it as legit and worth to be ETH competitor not to mention their BSC that has huge potential. Binance really has many ways to increase the value of BNB frankly speaking.
Topic: BNB will remain valuable for a long time - page 12. (Read 2291 times)
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
If BNB can sustain in this bull run and grow BSC, BNB can have a bright future. But if that can impact the increasing fees of the transaction like ethereum, that will not be good because the project will move to the other chain. But so far, BSC can solve the transaction fees, which can help lift the price. Perhaps, in the short term, BNB can reach $1,000, and in the long term, the project will become bigger, and who knows, that can replace the ethereum position while ethereum needs to work to reduce the fee.
I think BSC or ETH will be the same later when price higher, how ever if price still down looks lower gas fee but after BNB success above $1,000 you will see how much and higher fees using BSC platform, just lower fees right now is trx coin but keep going up although not extremely up for trx coin.
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.
to my opinion bnb is gonna rise sky high, binance know theire game and they make us use it in new crypto countdowns..
its unbelievable seeing it above 500 usd..
btw, i transferred all my money to bnb and not gonna move it from there, just gonna buy with fiat some other shitcoins to play while my bnb rises up
its unbelievable seeing it above 500 usd..
btw, i transferred all my money to bnb and not gonna move it from there, just gonna buy with fiat some other shitcoins to play while my bnb rises up
For so long as Ethereum keeps on getting high fees but still evolves into Defi boomer, BNB will remain valuable and many startups prefer to spend less money to jumpstart their respective blockchain business.
With BNB I have many reasons to look forward to the long-term future, clearly looking at how CZ performed their position in this market. But last year with the arrival of Binance I see another big factor in the market, and the results never go wrong. Looking at the long-term, I think the competition between the major platforms in the crypto space will become very intense as the BSC is increasingly proving its worth and the future of Ethereum will also offer upgrades.
That is no doubt especially when you see their current situation in the market where the price is suddenly increasing as well. There's something with BNB why investors wanted to trust it and their exchange is one of the best in our current time. They also have their own Network which has the lowest gas fees you can find out there. As it feels like you are being served in one place. That's why many people have speculated that the price will gonna continue to rise up due to its unique and good service that they offered to their users.
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
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
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
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. 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
Ethereum developers has proposed the proposal to fix the scalability problem while bitcoin will not be solved as it has become store of value. People who have been using BSC were using it as a daily trade or something else like participated in the launch pad, staking pool or many more. they only care about money and that's the point. they will not argue whether BNB was decentralized or centralized.
BNB has so many active products and it will have 1 billion net income probably.
So many people are holding their BNB for the long term investment like ethereum and bitcoin.
BNB has so many active products and it will have 1 billion net income probably.
So many people are holding their BNB for the long term investment like ethereum and bitcoin.
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
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
Jump to: