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Topic: BNB will takeover Ethereum! (Read 44 times)

Evilish
hero member
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Merit: 563
Bitcoin to the moon!
BNB will takeover Ethereum!
February 21, 2021, 11:32:21 AM
#2
A centralized Ethereum fork will take over the original. Sure, I take your word on that.

The entire BSC ecosystem is copy & pasted from Ethereum.

BSC? Fork of Ethereum
PancakeSwap? Copy of UniSwap / SushiSwap
MetaMask? Check
All other dapps/tokens I have seen are also variations of dapps/tokens already existing on Ethereum blockchain.

In short, BSC brings nothing new to the table, other than increased centralization and perhaps decreased fee (which again, is easier to achieve when 51%+ of the nodes are controlled by a central entity)

Last I checked 11/20 BSC nodes were controlled by Binance. See a problem there? Huh

Just because you "actively looked" at the price for a couple hours doesn't make your assessment right.
shield132
hero member
Activity: 2198
Merit: 847
Re: BNB will takeover Ethereum!
February 21, 2021, 11:18:46 AM
#1
Yesterday, there was a huge dump in BNB's price, it had 30% fall and the lowest price was 222 USD, from 335 to went down to 222, imagine, so huge loss in just some hours, yeah, in some hours. And now? Price went from that point to 309, it recovered again in some hours. I am really amazed, haven't seen such a thing in top altcoins (I don't mean doge and other shits). I am really amazed, don't know what to say.

Was actively looking at Reddit posts and there were two types of people: Ones who thought that price would be 100-150 USD and those who were suggesting: Just hold, it will rise because it's absolutely better than Ethereum. But from reddit posts and others, almost 90% couldn't imagine that it would recover again just in few hours.

I was actively looking at price, it was hugely playing between 240-260 USD for 1-2 hours, it was like you could easily profit a lot if you bought at 240, sold at 250 and then repeating these steps multiple times.

One thing is true, despite the fact that Binance is centralized exchange and it has problems, one thing is true, they succeed and conquer the crypto business. BNB will takeover Ethereum! Remember my words!
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