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Topic: BNB will remain valuable for a long time - page 9. (Read 2291 times)

legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
For me, in as much as I would want to agree with the op, I still honestly think that bnb remaining valueable for a very long time is if Ethereum high fees issues is not fixed, we all know that this was the major reason why bnb skyrocketed in the first place, when traders could no longer coup with the high fees on Ethereum network, most switched to binance chain and projects started moving to binance chain too, and this is why bnb skyrocketed, I still honestly think That if for instance, Ethereum developers manages to solve the high fees issues, BNB might find it difficult to move higher from where it is currently as many will still abandon binance chain to come back to Ethereum.
member
Activity: 534
Merit: 19
As long as these fee's on Ethereum network are not being given a solution, more and more project will be joining the BSC Network. Furthermore, luckily for Ethereum users, ETH2.0 is coming fast and nearly be accomplishing what they should've done before. Between the two, it is no doubt that the competition is great and fun to watch.
jr. member
Activity: 410
Merit: 1
BNB popularity increasing day by day for BSC Network  
And it just beginning.

In coming future bnb go 2k easily

Because price increase its demand and we all know bnb demand how much for bsc Blockchain.  
 
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
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.
I'm one of the few who don't give a hoot about the decentralized appellation of the ETH ERC. What does it benefit a trader if a coin is decentralized and then expensive to transact with? Nothing, definitely! I have learnt to buy only BSC compliant tokens on DApps because there isn't any stress buying with that and fees are almost like nothing. This latest development, no doubt, is what has further propelled BNB to the surge it's witnessing now. This patronage for BNB won't albeit anytime soon, except the exploitation in ETH on gas fee subsides.
member
Activity: 616
Merit: 10
FRX: Ferocious Alpha
I do agree BNB has won the battle. Quality, speed, and low fees are three sought-after metrics by crypto investors. When ETH and other leaders in the space have their strong foundations, more people switch to BSC as an effective and cheaper solution to save the extra fees involved in using ethereum or bitcoin transactions. BSC will consolidate Binance's life span, making it even more powerful. I think Projects like Venus, PancakeBunny, and the upcoming Mocktail are all BSC/BNB power boosters.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
According to the latest announcement, Binance will list the Coinbase Stock Token on their platform.

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.

Well.. I have to say that this is strange. Binance is one of the competitors for Coinbase. So I wasn't really expecting Binance to list the Coinbase stock on their platform. But then, Binance allows stablecoins such as USDT and USDC, which can be considered as competitors to their own stablecoin (BUSD). So at least we can say that this is not something that is out of the blue. In the meantime everyone is patiently waiting for the COIN listing on NASDAQ. One of the biggest events in the history of cryptocurrency to this date.

It's all about the money.
I'm sure the CZ has no reservations about listing a rival project if it sees the potential for additional revenues. Take, for example, ETH, which is the key rival to his BNB network, and he still keeps market trading pairs in relation to ETH.
It's a good business for Binance as long as the users are happy.
full member
Activity: 1638
Merit: 167
Buzz App - Spin wheel, farm rewards
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 agree. BNB and BSC have resolved the problems from the ERC. sending BSC tokens is so fast and cheap, that currently, many ERC-based projects have switched to BSC. this increases BNB adoption rapidly and increases the value of BNB.
member
Activity: 117
Merit: 14
There was a massive retrace today but only after new all time highs. I really do think that BNB brings some revolutionary solutions tho. Hopefully it'll remain as is and Binance will continue working on improving decentralization. This is really key to success.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
How in the world is bnb going up by this much of a percentage every few days and weekly?
BNB is going up so much due to various reasons and if you are spending at least a few minutes in your life to read some posts that already posted above you and that's more than enough to give you the reason why BNB is surging a lot since a few months ago.
The fundamental of binance coin has become the main factor why people have been rushing to buy BNB.

I think this is still happening until bitcoin will be facing the big down trend to create another bearish trend agian.
full member
Activity: 1246
Merit: 103
that's how great Binance is able to see opportunities and make it an advantage by easing other people's problems, they almost every year continue to innovate to create something that is much better than before, so it's not wrong that currently Binance is ranked 3 cmc. it's not impossible that ETH's position can be shifted in the future.

It is possible that Ethereum will shift by itself if the BNB continues to be developed and offers various solutions to its holders, I have no doubt about the innovations that BNB has achieved every year so that many investors are looking at the development of BNB.
full member
Activity: 1750
Merit: 186
How in the world is bnb going up by this much of a percentage every few days and weekly?
sr. member
Activity: 2296
Merit: 348
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 just said the truth about majority of the crypto users, they really don’t care about the decentralization, they just care about whether it’s going to suit their needs for transactions and whatsoever else they want, as long as it is a solution for them they are definitely going for it and they are not looking back when they start making use of it.

So, as to whether the BNB is going to keep growing, that is for sure, it is going to keep on adding more value everyday, because a lot of people are going to be investing in it and nothing else. And with the situation of bitcoin and Ethereum now, a lot of people will going for BNB.
sr. member
Activity: 1876
Merit: 259
that's how great Binance is able to see opportunities and make it an advantage by easing other people's problems, they almost every year continue to innovate to create something that is much better than before, so it's not wrong that currently Binance is ranked 3 cmc. it's not impossible that ETH's position can be shifted in the future.
hero member
Activity: 1694
Merit: 541
As long as the exchange is running and keep the people's trust it will remain valuable, especially now that it competes ETH blockchain. We might see blockchain projects from eth shifting to BSC, well, there are some already.
The projects are already shifting to BSC chain and then there is the advertising skills of CZ and ETH is giving them the opportunity to grow because their promises of change is taking a much longer time and people are tired of giving bigger transaction charges.

We have no idea when the upgrades in ETH 2.0 will show in the network and the Binance chain is gaining traction among the developers and the support of the exchange with a huge bank roll will attract the investors as well and hence BNB will continue its ride.
sr. member
Activity: 1876
Merit: 318
I also agree BNB will remain valuable and will last a long time, because it is very serious how the BNB team developers do everything they can
to make BNB more acceptable to investors. BNB is starting to fulfill what investors need one by one, so it's no wonder its performance
has been extraordinary this year. Where Ethereum as a rival to BNB is having problems with high transaction fees, while BNB with BSC solve
these problems by providing relatively cheap costs. So the demand for BNB has greatly increased this year, In fact, this week BNB managed
to increase by 47%. This is something that may be difficult for other coins to do.
full member
Activity: 1204
Merit: 100
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
Binance is the biggest crypto exchange right now, a lot of celebs and famous people use Binance for their crypto investments, this helped really well their smartchain, it's getting a lot of attention now, and a lot of new projects prefer it over ethereum, BNB token skyrocketed in a couple of months and it won't be a surprise to see it surpasses ETH marketcap.
sr. member
Activity: 1246
Merit: 285
One of the interesting things about BNB is that there is a periodic token burn, this makes it scarce due to a reduced supply so that an increase in value will be seen. that is why we can see a "healthy" price development, correction is often a natural thing, it can be used to fill more bags.
The potential for BNB is still quite large, entering at the right time, for example during a correction and then waiting for the right timing to sell, this is not an investment suggestion and please always be careful.
member
Activity: 854
Merit: 21
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.
Sincerely the binance chain is a game-changer in the cryptocurrency ecosystem because it has the usability of the ethereum blockchain what is without the baggage of high transaction fees and slows transactions also considering the fact that it is a binance project which has proven to be a big company in the crypto world I think this is only just beginning of binance dominating this cryptocurrency space and there's still a lot to come
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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

Binance better understands the markets they target. We know that the current condition of the blockchain network, especially transaction fees on Ethereum and Bitcoin, makes the activities of most people uncomfortable. The public needs a more convenient blockchain network, they will only consider the platform as decentralized or not if the comfortable conditions are met and they have other platform options to choose from.
For now, BSC is still superior in terms of convenience, we have to wait for ETH 2.0 to launch so that the public can get a comparison to be able to choose between a decentralized platform and a centralized platform.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
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

One of the thing that will keep it valuable is the burning of its token they have promised that they are doing and will continue doing that I expect Binance to set a huge milestone this year by setting up a record high of $1000 or more in their all-time high, one of the gambling sites that I'm playing has added Binance Coin and who knows many more gambling sites will do the same.
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