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Topic: BNB will remain valuable for a long time - page 5. (Read 2213 times)

sr. member
Activity: 980
Merit: 250
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we've seen how binance expands each product. they continue to adapt to make good innovations and are in demand by the market.
all of which is related to the use of BNB. whatever products and innovations they make will definitely be profitable for greater BNB adoption.
That is what will make BNB valuable in the future.
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.
sr. member
Activity: 2114
Merit: 268
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1 thing that in my mind is since first is how if binance collapse, i mean we know BNB and BSC now have other function but i think at first it is from Binance Exchange right?  And then an exchange actually we not know when collapse (but i hope it is not) and people lose trust in that 2 coins.

That's the question you should always be asking yourself for any coin and any service you use (and trust). It may all be going well for now, but what if the CEO dies? Or leaves? Or management changes?

What is their reputation nosedives and people start fleeing and withdraw everything?

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.
sr. member
Activity: 664
Merit: 253
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we've seen how binance expands each product. they continue to adapt to make good innovations and are in demand by the market.
all of which is related to the use of BNB. whatever products and innovations they make will definitely be profitable for greater BNB adoption.
That is what will make BNB valuable in the future.
full member
Activity: 2338
Merit: 191
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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.

I have no doubt that BNB will stay here for long as long as the Binance Platform will continue to serve people legitimacy and with Good reputation.
BNB stands for the Strongest and popular exchange in the world now so no wonder why BNB is climbing high and high .
You are very right, if BNB will remain valuable for a long time because this altcoin has grown over time, so that many crypto users are turning to the BSC network, where in addition to potentially BNB also has a very low transaction value,
You Must always anticipate that this Coin is wearing the Banner of the exchange platform.
legendary
Activity: 2590
Merit: 1195
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BNB has done so well, I really wish I’d have bought some when I first heard about the project. To be honest i thought it’d flop, the price has continued to moon. Damn I was dumb not to buy early.

Same here my friend. I really did not foresee how powerful CZ's and Binance's influence is. I even had 1 or 2 BNB but I gave those up just for fees. The way they kept pumping and burning and doing trading competitions to give it out, I just didn't expect it to do so well. Of course, it was BSC that did it all for them.
plr
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Activity: 1120
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It seems to me that reducing the fees on the Ethereum network will greatly reduce the demand for the binance network. Well, the hype around it, accordingly, will also decrease, which will soon affect the price of bnb.

We have to see that first before we can make that a fact, I'm ok with Binance chain I made 5 Ethereum trades using the Binance chain and it was fast and cheap, Binance will continue to innovate and add a lot of features, even if Ethereum fixed their fees, they are now considered as Ethereum's closest competitor and this is a healthy competition and good for the industry.
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Activity: 157
Merit: 10
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You are very right, if BNB will remain valuable for a long time because this altcoin has grown over time, so that many crypto users are turning to the BSC network, where in addition to potentially BNB also has a very low transaction value,
It seems to me that reducing the fees on the Ethereum network will greatly reduce the demand for the binance network. Well, the hype around it, accordingly, will also decrease, which will soon affect the price of bnb.
sr. member
Activity: 1189
Merit: 251
Yes this has become an option to choose a more profitable one. Because I think the fee in the crypto world is very important. Because crypto is designed to be a broad medium of exchange. And also in this time of the pandemic many people turn to crypto for profit, those who are no longer working.
full member
Activity: 757
Merit: 101
You are very right, if BNB will remain valuable for a long time because this altcoin has grown over time, so that many crypto users are turning to the BSC network, where in addition to potentially BNB also has a very low transaction value,
hero member
Activity: 1260
Merit: 504
Individuals who have been utilizing BSC were utilizing it as an every day exchange or something different like took part in the platform, marking pool or some more facility. Various ongoing undertakings dependent on ETH stage are bit by bit changing over to BSC, acquiring clients and financial backers. Clearly the fame of BNB is horrible.
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Activity: 432
Merit: 10
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I think so we know that bnb price is still high and it is good to trade bnb coin with good pairs.choosing the right pair for bnb is quite good you can double up your money by analyzing,investing and reading graphs .i would love to trade bnb coin and make high profit from it.
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Activity: 616
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You are right, BNB will remain valuable for long, and also its value will keep increasing, you have said it all! The problem the Binance smart chain (BSC) solves is actually bringing more people to its blockchain, Eth blockchain  was the most used blockchain for transactions but due to its high gas fee not everyone could continue transacting with such high fees, this makes people to divert to BSC network which is more faster and cheaper and this is more reason why BNB value keeps increasing and not only that binance  exhange are doing everything possible to keep the token on the rise.
sr. member
Activity: 2450
Merit: 329
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 think by Binance being one of the biggest platform in the cryptocurrency world is enough to make people to adopt their cryptocurrency/token, because they are going to believe in them to use their platform to push their token to a higher level.

So that alone is enough, and right from time BNB has been a really good token to invest in, because it keeps growing.
legendary
Activity: 3080
Merit: 1593
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BNB has done so well, I really wish I’d have bought some when I first heard about the project. To be honest i thought it’d flop, the price has continued to moon. Damn I was dumb not to buy early.
jr. member
Activity: 276
Merit: 1
Yeah, I'm also a strong believer of bnb. There's no doubt that bnb has been very helpful and it's purpose in the industry has been felt by all. Ethereum transaction fee would have discouraged several persons especially the new entrants and low coin holders of the industry if not for the intervention of binance through the binance smart chain project.
full member
Activity: 983
Merit: 100
BNB is a coin that will last the test of coin. It's a valuable coin. And as long as BNB survives, Bsc will continue to last
That is clear, because BSC is the official network of BNB, so it will also be almost the same as the Ethereum network, where when tokens like ETH still survive, the network platform will always survive in the crypto space.
hero member
Activity: 2464
Merit: 585
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.
I agree with your opinion, ETH gas fee is very high and sometimes I'm not be able to transfer my tokens because of high fees especially if I have ETH in exchange or wallet. I feel bad for ETH network but I still believe that ETH could fix it. I know they do their best to fix it so that I'm not selling most of my ETH token and just trust the process. BNB will be valuable especially if they continue doing launchpad, airdrops, and being the best crypto exchange is the best about BNB. Quarterly burning event is the one of the best move that BNB do to increase its value.
They are working on fixing it right now, they are basically making sure that it will be fixed in July 14th with the eip 1559 change. Obviously it is not guaranteed and there could be some problems but the reality is that we could still have some sort of problem with miners who will decline to move to that, when people move to it the others will be forced to follow but it may take some time.

Remember crypto was built to be decentralized which means just because someone does something with a blockchain doesn't mean that everyone has to follow that, it just means whatever public decides to do will happen. This is why I think it is crucially important that eip 1559 gets accepted by everyone and used properly. Considering it will only charge what network needs and not what people are willing to pay, the price will definitely stay lower than now for gas fee's.
member
Activity: 812
Merit: 10
For others, BSC has become a store of value. People purchased BNB not only because of the solution that was already provided, but also because BNB provides too many advantages to its token holders when opposed to other exchange tokens.BSC will exclude processing costs, allowing the price to rise. Maybe, in the short term, BNB will hit $1,000, and in the long run, the project will develop, and who knows, it will be able to take over the ethereum spot while ethereum works to reduce the cost.
hero member
Activity: 2954
Merit: 672
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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.
I agree with your opinion, ETH gas fee is very high and sometimes I'm not be able to transfer my tokens because of high fees especially if I have ETH in exchange or wallet. I feel bad for ETH network but I still believe that ETH could fix it. I know they do their best to fix it so that I'm not selling most of my ETH token and just trust the process. BNB will be valuable especially if they continue doing launchpad, airdrops, and being the best crypto exchange is the best about BNB. Quarterly burning event is the one of the best move that BNB do to increase its value.
Not airdrop nor launchpad that gives a reason why BNB still valuable, it is because BNB exchanges protect that name and seem to be their reputation as well. We know BNB coin because of this and for a particular reason, this coin is always can be trusted for a short and long-term goal investment. And yet, we can't deny that BNB is started from scratch and it turns into something one of the most valuable coin in the crypto market.
sr. member
Activity: 882
Merit: 253
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.
I agree with your opinion, ETH gas fee is very high and sometimes I'm not be able to transfer my tokens because of high fees especially if I have ETH in exchange or wallet. I feel bad for ETH network but I still believe that ETH could fix it. I know they do their best to fix it so that I'm not selling most of my ETH token and just trust the process. BNB will be valuable especially if they continue doing launchpad, airdrops, and being the best crypto exchange is the best about BNB. Quarterly burning event is the one of the best move that BNB do to increase its value.
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