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Topic: Can Binance beat Ethereum - page 12. (Read 3050 times)

full member
Activity: 896
Merit: 102
February 25, 2020, 12:20:24 PM
They already implemented smart-contract technology into Binance chain? If yes, then the battle could begin, but I know that Binance didn´t implement it on purpose because they didn´t want to competite with Ethereum, they focus primary on exchange services (DEX, lendings and so on).
sr. member
Activity: 1638
Merit: 278
February 25, 2020, 12:13:53 PM
Anything may happen in this crypto space. I just talk by remembering how dogecoin is still part of many crypto enthusiast's portfolio. Binance coin may be a copycat of ethereum still when it will be heavily promoted then there are lots of chances for it to beat ethereum.

In my opinion, ethrerum started being less competitive or already being less aggressive against its competitors. One good example to back myself is, ethereum is talking about implementing POS feature but before that they have gone for 2 hardforks but nothing significantly changed in their environments with respect to investor attracting feature.
newbie
Activity: 1
Merit: 0
February 25, 2020, 11:33:37 AM
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hero member
Activity: 2856
Merit: 674
February 25, 2020, 10:44:47 AM
(snip)

I do not think that BNB can overcome Ethereum in terms of market cap. Ethereum is a strong project and many people are working on it. It will stay on second position right behind BTC in my opinion. What do you guys think?

People sees its strong because it's standing next to bitcoin, but we can always make a comparison between ETH and BNB.

ETH's ATH is $1300 while its cheapest price after the ATH was $90

BNB' ATH is $40 while its cheapest after the ATH was $13.

(note: I only get the whole number, so this is only more or less to the actual figure.)

now, by looking between the two, we can tell already which is stronger, and take note BNB had its ATH during the bear market which is last year.
member
Activity: 185
Merit: 34
February 24, 2020, 06:01:33 PM
(snip)

I do not think that BNB can overcome Ethereum in terms of market cap. Ethereum is a strong project and many people are working on it. It will stay on second position right behind BTC in my opinion. What do you guys think?
sr. member
Activity: 882
Merit: 260
February 24, 2020, 05:53:49 PM
I don't think so and it's too fast to think about that. I do agree if binance has a solid product but that will become a long time journey to make it happen. Binance must make worldwide adoption to its product and it can't be done shortly.
I just try to put the main concern into the hype that already got by binance IEO and that pumps the price of binance coin drastically.
Ethereum is a public opensource blockchain while binance is not an open public blockchain which will be much more difficult to be adopted.

It has a chance but not for this time.


I agree. That was the great edge of Ethereum among all the other existing Altcoins within the market so despite of the fact that the price of Ethereum is always put into a struggle due to some sort of circumstances brought by the sudden changes in the market due to some contributing factors affecting Ethereum performance, still Ethereum will be great for me other than any existing Altcoins in the market. Yes indeed Binance coin is making its way to improve itself in which we can say that it can somehow have a possibility to beat Ethereum when it comes to price, but still because Ethereum is an open source and the most use cryptocurrency next to Bitcoin, I can hereby say that Ethereum is unbeatable because of that. Well, Binance can possibly surpass or beat Ethereum maybe in the near future but not as of the moment.
legendary
Activity: 3010
Merit: 1280
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February 23, 2020, 01:35:14 PM
I do not think that we need to oppose one good cryptocurrency to another and try to find an answer who will beat whom in the near or distant future. It is better to focus on the new positive qualities of individual coins and consider these processes as an addition of one cryptocurrency to another and the overall development of the cryptocurrency.
Moreover, Ethereum and BNB are completely different coins that do not directly compete with each other.

That is true, so there is no point in making these two cryptocurrencies to compete but if ever Binance wanted to overthrow Ethereum, I think they should first deal about a news tht is circulating recently that they are not authorized to have a base operation on Malta.  https://cointelegraph.com/news/binance-is-not-authorized-to-operate-in-malta-financial-regulator-says.  This will be a huge impact that will affect "BNB climbs" to beat Ethereum negatively.
full member
Activity: 2142
Merit: 183
February 23, 2020, 01:30:03 PM
I do not think that we need to oppose one good cryptocurrency to another and try to find an answer who will beat whom in the near or distant future. It is better to focus on the new positive qualities of individual coins and consider these processes as an addition of one cryptocurrency to another and the overall development of the cryptocurrency.
Moreover, Ethereum and BNB are completely different coins that do not directly compete with each other.
full member
Activity: 1946
Merit: 112
February 23, 2020, 12:00:17 PM
Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain.

But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.

Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.

Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.

We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.

  • Binance Exchange
  • Binance DEX
  • Binance Chain
  • Binance Fiat services
  • Binance Launchpad
  • Having giant partners

Binance acquire Trust Wallet, WazirX Indian Market.

Binance coin will make history buy using like these above mentioned features and many more.

I think someday BNB will beat ETH, What you Think Smiley

The fact is that this is not the first statement that someone will defeat Ethereum and take its place. I remember such messages began to appear a year ago, however, as practice shows, Ethereum, as one of the leaders among altcoins, continues to remain so. I believe that all the assumption about the imminent death of Etherem is just the desire of some competitors, nothing more. I believe that Ethereum will continue to be a leader and will even strengthen its position.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
February 23, 2020, 11:54:39 AM
I think binance CEO understand the feat of ethereum. After Tether, Ethereum has the highest daily traded volume for a long period, very consistent in that position. Traded in most exchanges, including decentralized exchanges. As smart contract coin, it has the highest number of token listed on it compare to the BEP. We might argue the early stage of BEP but over the big marketcap ETH is difficult to reach for binance for now, ETH= 8x Binance.
hero member
Activity: 1582
Merit: 502
February 23, 2020, 11:36:46 AM
No matter how many years it takes, ETH will be better than the current altcoins. So let's ignore the idea that BNB can surpass ETH in the future, BNB is a good altcoin but it will always be behind ETH, ETH is the king of altcoin in this market.
Agree, Ethereum will remain the king of Altcoin under Bitcoin, They now have very strong foundations and communities that it is difficult for other Altcoins to surpass Ethereum. But I think only BNB coins have the potential or have the opportunity to surpass Ethereum.
sr. member
Activity: 1344
Merit: 264
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February 23, 2020, 11:27:13 AM
Binance is really potential altcoin but I don't think binance can beat ethereum because ethereum is popular altcoin than binance coin but if you believe binance can defeat ethereum I guess it will take long years to happen.
agree, that it must be recognized that binance has shown quite good development, but I feel the same as you that it will be difficult for other altcoins as well as binance to be able to shift ethereum. many say crypto can be a possibility but we also need to be realistic. ethereum will remain the best and need more time to be able to replace ethereum.

No matter how many years it takes, ETH will be better than the current altcoins. So let's ignore the idea that BNB can surpass ETH in the future, BNB is a good altcoin but it will always be behind ETH, ETH is the king of altcoin in this market.
full member
Activity: 2268
Merit: 121
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February 23, 2020, 11:14:29 AM
Binance is really potential altcoin but I don't think binance can beat ethereum because ethereum is popular altcoin than binance coin but if you believe binance can defeat ethereum I guess it will take long years to happen.
agree, that it must be recognized that binance has shown quite good development, but I feel the same as you that it will be difficult for other altcoins as well as binance to be able to shift ethereum. many say crypto can be a possibility but we also need to be realistic. ethereum will remain the best and need more time to be able to replace ethereum.
sr. member
Activity: 1876
Merit: 289
Zawardo
February 23, 2020, 10:51:57 AM
Binance is really potential altcoin but I don't think binance can beat ethereum because ethereum is popular altcoin than binance coin but if you believe binance can defeat ethereum I guess it will take long years to happen.
full member
Activity: 646
Merit: 102
http://Moonbet.io
February 23, 2020, 10:36:43 AM
Lol...its just like asking if ethereum can beat bitcoin. Ofcourse we know that isn't possible. Hence I dont think we conceive it that Binance would beat ethereum. Yes Binance may be a solid exchange with its native token BNB. They have indeed lasted the test of time. Kudos to the team. In my own opinion, Binance can't beat Ethereum.
newbie
Activity: 2
Merit: 0
February 23, 2020, 10:32:36 AM
Binance beat ethereum? No way! Its an impossible mission. Sure, Binance is a good project with a strong and hard working team but its going to be an unachievable thing to compete with ethereum. Ethereum has gone really far.
full member
Activity: 239
Merit: 100
February 23, 2020, 08:08:52 AM
Do you want Binance to be able to beat ETH in price? or any other field? If you hope Binance can beat ETH in price then I think it will never happen, the price of ETH will definitely go up and return to ATH in the near future. But for Binance, I think its price will never go beyond $ 50
I think only invest in Ethereum because this coin is better than the others and the investment demand is on the rise in recent months. In my opinion, Ethereum can completely reach $500 this year and will certainly be the safest investment choice at the moment. In addition, Binance is still a mystery that no one can predict and I am confident that  50 can be achieved if the altcoin season appears.
hero member
Activity: 1302
Merit: 503
February 23, 2020, 07:55:22 AM
Do you want Binance to be able to beat ETH in price? or any other field? If you hope Binance can beat ETH in price then I think it will never happen, the price of ETH will definitely go up and return to ATH in the near future. But for Binance, I think its price will never go beyond $ 50
- The truth is sometimes different from what you think, and I feel that Binance still has opportunities to reach $50, even Binance will exceed that price easily because you should look at the community they are holding, a huge number when other exchanges do not make highlights like binance, therefore, it is highly likely that binance will continue to increase in price, the important issue is only time. Talking about the competition with ETH, agree with you that binance is not having too many advantages, more effort is needed to extend this competitive hope
sr. member
Activity: 625
Merit: 250
io.ezystayz.com
February 23, 2020, 07:28:08 AM
Do you want Binance to be able to beat ETH in price? or any other field? If you hope Binance can beat ETH in price then I think it will never happen, the price of ETH will definitely go up and return to ATH in the near future. But for Binance, I think its price will never go beyond $ 50
You are right that bnb cannot become more expensive than ETH, but speaking about the fact that the price of BNB will not be above $ 50, I think that you are mistaken. with the increase in the number of users of the Binance exchange, the popularity of the token will increase and I think the price will be $ 100 in 2021.
Maybe Binance will raise prices very high in the near future but I'm sure it is still too early for this coin to rise during this time. I think BNB will only reach $50 in the next few years because people only invest in this coin when the IEO news comes out. Personally, I would still choose to invest in Ethereum because the coin has greater development potential and people still have great confidence in choosing this long-term investment.
hero member
Activity: 1260
Merit: 505
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February 23, 2020, 04:03:18 AM
Do you want Binance to be able to beat ETH in price? or any other field? If you hope Binance can beat ETH in price then I think it will never happen, the price of ETH will definitely go up and return to ATH in the near future. But for Binance, I think its price will never go beyond $ 50
You are right that bnb cannot become more expensive than ETH, but speaking about the fact that the price of BNB will not be above $ 50, I think that you are mistaken. with the increase in the number of users of the Binance exchange, the popularity of the token will increase and I think the price will be $ 100 in 2021.
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