BNB will remain valuable for a long time - page 4.

KryptoKings

hero member

Activity: 854

Merit: 506

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

Given the pace at which bnb is going up in price, there is no doubt it can beat eth soon.
Many projects have moved to binance chain from Ethereum due to high fee and other issues.
Bnb is supported by binance and with every new token launched on binance launchpad, bnb price goes up because bnb holders get preference during launchpad sell.
This going to increase more in future.

akar87

sr. member

Activity: 980

Merit: 250

$CYBERCASH METAVERSE

Quote from: Hannahanto on April 25, 2021, 08:06:57 PM

Since the lunch of the binance smart chain (BSC) the rate at which BNB increases is high, the BNB moves so fast and can even beat ETH price before the year runs out. Many holders plan to hold for longterm because of the strong believe BNB will keep rising and can be valuable or even worth more than ETH by 2022.

And I love the BSC because of the lesser transaction fees unlike ETH20

I know when the first time launch price growing up but never forget with ethereum have been higher price right now, although BNB is exchange coin still have higher price for ethereum and never have any coin can replace and more valuable than ethereum, BNB good coin but never have chance become the same price with ETH.

slaman29

legendary

Activity: 2674

Merit: 1226

Livecasino, 20% cashback, no fuss payouts.

Quote from: udidrone on April 25, 2021, 08:03:06 AM

Quote from: slaman29 on April 24, 2021, 09:11:20 AM

Will your money be safe? Will they even honor your withdraws?

That is actually what is on my mind. I mean let's hope everything will be OK. But for me when i use exchange i usually not really think about that as long they are big site, i believe my money will be OK. Or maybe my option is use local exchanges that i maybe can reach them in real life if something happen.

And it should ALWAYS be on your mind. Don't think that just because your exchange has served you well for years doesn't mean they will never decide to mistreat you when things go bad. You will be the last person they think of when it comes to saving their ass if something bad happens. And no one can help you there when that happens.

Hannahanto

full member

Activity: 826

Merit: 111

Since the lunch of the binance smart chain (BSC) the rate at which BNB increases is high, the BNB moves so fast and can even beat ETH price before the year runs out. Many holders plan to hold for longterm because of the strong believe BNB will keep rising and can be valuable or even worth more than ETH by 2022.

And I love the BSC because of the lesser transaction fees unlike ETH20

rosebrand

full member

Activity: 784

Merit: 100

BSC solves the problem of high fees and slow transactions, this alone is capable of boosting the price of BNB and making it valuable for a very long time. The Binance exchange is also doing everything possible to see their token at the top, there are actually adding features in the exchange which supports the growth and value of the coin for example their launch pad, to be able to participate in Binance launchpad you have to have BNB because most of the new token can either be bought or farm using the Binance token, another thing the exchange do is burning some of the tokens and we know the outcome of this action, which is to keep pumping the token all the way up.

llecrf

jr. member

Activity: 420

Merit: 1

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

-snip-

BNB will always be of value, as we see today, the team has developed the BSC to address the existing problem due to the increase in transaction fees on the DeFi platform on the ethereum network.
Binance exchange will provide a discount for BNB coin holders, in my opinion as long as the Binance exchange platform and the BSC network are used by many investors and developers, the price will continue to increase.

v3liana

full member

Activity: 658

Merit: 101

Glad you to know about that, just keep buying this coin and it will give you financial freedom in the future especially we're in discount period. The development of this coin is amazing and I think there is a great opportunity for BNB to become the biggest coin in cryptocurrency.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: KaliLinux on April 25, 2021, 02:01:10 PM

Quote from: blockman on April 25, 2021, 11:57:40 AM

Quote from: ?? on ??

even the rumors say that bnb will beat ETH, i don't know but due to very high fee issues some eth users switch to bsc because it is cheaper.
And I also believe that the price of BNB will survive and even tend to rise in the long term.

You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

Yes the fees for the Ethereum network transactions are though coming lower but still not comparable with the BSC transactions fees which is way less. I made some Ethereum transaction earlier today that cost me about $5 though I believe that was probably because it was weekend and I will continue to look at this within the week and another thing is, if not for the high Fees, most of those projects wouldn't have moved to Binance smart chain so the network fees have really affected Ethereum and I know BNB will probably continue to provide good services too cos they wouldn't want to be in Ethereums position.

That's the reason why many of the projects have moved to BSC because of the higher fees that Ethereum is asking for. The projects can't wait until it's fixed.
While the new projects, they're wise up to choose BSC for them to keep making their project pay a lesser fee than to adopt the high fee that Ethereum is experiencing, at least for now, ETH's fee had drop a bit.

RealMalatesta

legendary

Activity: 2338

Merit: 1124

Quote from: blockman on April 25, 2021, 11:57:40 AM

Quote from: ?? on ??

even the rumors say that bnb will beat ETH, i don't know but due to very high fee issues some eth users switch to bsc because it is cheaper.
And I also believe that the price of BNB will survive and even tend to rise in the long term.

You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

That's still not cheap. I had about 20 bucks on my metamask so I wanted to check how much would it cost me to send it to my binance, I haven't done it in so long and didn't really care because it was just 20 USDT so it could stay there, who cares how much it would cost me. However when I checked it was still 6.5 dollars just to send that. I am not saying that it is still as bad as it used to be, at one point it was 45 dollars just to send it, so I would send 20 USDT and pay 45 dollars worth of ETH just do that, it was insane at some point and 6 dollars is still a lot better.

However we can't stay here and say with a straight face that 6 dollars is fine, BSC is doing it under 1 dollars, that is why picked them. Many people switched to BSC and that is why binance is having some trouble, the chain is overloaded because of all the people that came to BSC and that is one of the reasons why ETH is cheaper, because people are leaving.

Chathusand

jr. member

Activity: 643

Merit: 1

BSC has become a store of value for everyone. People bought BNB not only because of the pre-existing solution, but also because it offers far too many benefits to its token holders compared to other exchange tokens. The production costs would be excluded by BSC, causing the price to climb.Maybe BNB will reach $1,000 in the short term, and then the project will grow and, who knows, it will be able to take over the ethereum position as ethereum works to lower the rate.

Leonardo7

member

Activity: 686

Merit: 15

Binance team are full of innovation, they saw the problem with ethreum network coupled with the huge Defi market, they just quickly created BSC using EtH address to simplify for users. BNB will stay formidable until ETH scalability issue is fixed.

perfect999

sr. member

Activity: 1694

Merit: 299

Quote from: lexkiee28 on April 23, 2021, 07:34:20 PM

Like ethereum blockchain crypto enthusiasts now are also trying to adopt and use Binance smartchain which make BNB more valuable like ETH and because of this I strongly believe that BNB will remain and constantly be more valuable as time passes by and it can out perform ethereum sooner.

Yes they have a made a smart move by creating a platform like that. The Binance Smartchain has been getting popular these days and there are lots of people now adopting and that’s contributing to the growth of it. I am foreseeing it is like a tough competitor for ethereum in the near future which will be getting more value for BNB for sure.

So, there are a lot of possibilities for BNB to remain highly valuable for long time than we could speculate so it will be a wise decision if we invest in BNB right now.

rahmathidayat93

full member

Activity: 910

Merit: 101

Quote from: akar87 on April 25, 2021, 11:36:09 AM

Maybe this month have ended with many feature and offer make by binance, but never forget every month binance make new launchpad and give chance for you to buy and sell later on higher price, any feature for next months from lauhcpad, burning and and many more again how to see BNB back to higher price, but you have ready now to buy BNB before late and see price have raise up.

Yes, overall, especially this year, Binance has released a lot of new features that can benefit many people, so I personally really like the BNB token and the Binance exchange because I have experienced the benefits of BNB almost five times this year.

leatutz

full member

Activity: 523

Merit: 100

Quote from: jacafbiz on April 25, 2021, 01:39:58 PM

Thanks for BSC for giving Ethereum run for her money but the issue with BSC now is that most people on it are just their to make profit not to build, they are mostly clones of a successful project on Ethereum. I am waiting to see how the chain adapt to the forthcoming Ethereum hard fork, if all these changes on Ethereum bring the transaction fees down, they on what basis will BSC compete

If we were all here every day, maybe we didn't realize that almost every blockchain tried to down Ethereum blockchain. Cardano then Tron now BSC, but we didn't see that almost 60-70 percent of new projects are choosing BSC. The only reason is Binance exchange. This time could be more interesting when BNB overcome ETH CMC, although ETH will replace first place on CMC list.

KaliLinux

hero member

Activity: 1344

Merit: 565

Quote from: blockman on April 25, 2021, 11:57:40 AM

Quote from: ?? on ??

even the rumors say that bnb will beat ETH, i don't know but due to very high fee issues some eth users switch to bsc because it is cheaper.
And I also believe that the price of BNB will survive and even tend to rise in the long term.

You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

Yes the fees for the Ethereum network transactions are though coming lower but still not comparable with the BSC transactions fees which is way less. I made some Ethereum transaction earlier today that cost me about $5 though I believe that was probably because it was weekend and I will continue to look at this within the week and another thing is, if not for the high Fees, most of those projects wouldn't have moved to Binance smart chain so the network fees have really affected Ethereum and I know BNB will probably continue to provide good services too cos they wouldn't want to be in Ethereums position.

bocyaj

sr. member

Activity: 1313

Merit: 302

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

After a Ethereum, BNB was a stable coin which crossed the 500$.Especially it was happened in altcoin. Most of potential altcoin was struggle to reach 1$ per coin.But 500 over an altcoin was unbelievable.Most people had a profit by investing in the market price of 300$.Even I had loss the opportunity of 300$.

jacafbiz

hero member

Activity: 2128

Merit: 530

PredX - AI-Powered Prediction Market

Thanks for BSC for giving Ethereum run for her money but the issue with BSC now is that most people on it are just their to make profit not to build, they are mostly clones of a successful project on Ethereum. I am waiting to see how the chain adapt to the forthcoming Ethereum hard fork, if all these changes on Ethereum bring the transaction fees down, they on what basis will BSC compete

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: herurist on April 25, 2021, 12:09:10 PM

Quote from: blockman on April 25, 2021, 11:57:40 AM

You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

Ethereum fees are starting to open up gaps for us, and that's good news. What are you waiting for? that's when we took advantage of long waits for GAS fees that made us almost give up on what Ethereum was doing with GAS costs. so I think Ethereum has started listening to its holders' complaints. or it may have something to do with Ethereum 2.0.

It's just that the network has been open wide again. This happens even for bitcoin when the network is no longer clogged, the fees are starting to drop.
Now the next thing after this, BSC or ETH, it's now depending to what they're aiming for next. And what I hope for is that the fees for bitcoin will also lessen soon.

herurist

sr. member

Activity: 1680

Merit: 259

Quote from: blockman on April 25, 2021, 11:57:40 AM

You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

Ethereum fees are starting to open up gaps for us, and that's good news. What are you waiting for? that's when we took advantage of long waits for GAS fees that made us almost give up on what Ethereum was doing with GAS costs. so I think Ethereum has started listening to its holders' complaints. or it may have something to do with Ethereum 2.0.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: ?? on ??

even the rumors say that bnb will beat ETH, i don't know but due to very high fee issues some eth users switch to bsc because it is cheaper.
And I also believe that the price of BNB will survive and even tend to rise in the long term.

You have probably missed seeing the fees right now. Yes, it was an issue before about Ethereum because of the high fees but this time, it's no longer the same
Check the gas fees and see that it had become cheaper this time.
(https://ethgasstation.info/)

Topic: BNB will remain valuable for a long time - page 4. (Read 2291 times)