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Topic: Can Binance beat Ethereum - page 14. (Read 3039 times)

legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 22, 2020, 02:37:47 AM
Binance already has a lot of development and it has already influence many investors, so the question is if it can beat ETH? We will see, however, IMO, I believe that it's possible since they are all in altcoins and they are not BTC which has been dominating the market, so everything in altcoins which are legit has a chance to be number 1, personally I have no doubt that BNB will be the number in altcoins market.
we can see it later. I think that binance has made a very good development to date, but I don't think that binance coin will defeat ethereum. even in terms of usage, ethereum users are wider in their use. I am pretty sure that many people who have BNB also have ethereum, but not all ethereum holders have BNB in their wallet.
full member
Activity: 1274
Merit: 100
February 22, 2020, 02:06:04 AM
Ethereum is a public opensource blockchain While BNB is something different no doubt Binance has made great developments in the last two years but they will need a long journey to cross Ethereum as Ethereum is still in 2nd place in crypto trading and CMA list.
sr. member
Activity: 1540
Merit: 255
February 22, 2020, 01:38:39 AM
Binance already has a lot of development and it has already influence many investors, so the question is if it can beat ETH? We will see, however, IMO, I believe that it's possible since they are all in altcoins and they are not BTC which has been dominating the market, so everything in altcoins which are legit has a chance to be number 1, personally I have no doubt that BNB will be the number in altcoins market.

You are right, they are developments makes everyone to attract BNB coin and activity. They are giving every update based on their customers. BNB has a higher chance to cross the value of ETH, because a BNB has all the facilities which they are strongly following their roadmap, in some cases, it is completely dominating the market.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
February 21, 2020, 11:58:34 PM
It's not impossible in volume or market cap but its almost impossible in price wise. Binance keep rolling out new features daily now we have a market of earning as high as a 100% on each bear or bull prediction. They're always the first pioneer with great innovations in cryptocurrency just like their launch of IEO.

Although Binance adds new features in the project, it still difficult to beat Ethereum because Ethereum already becomes popular among the people. People still choose Ethereum as their investment, but the situations can be changed if Binance can start to increase the price, so people will see if Binance have a chance to grow. But still, it needs time for Binance to reach the price as what Ethereum did because now, Ethereum is like a king in the ERC-20 and it is getting support from many investors.
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
February 21, 2020, 05:31:43 AM
Binance already has a lot of development and it has already influence many investors, so the question is if it can beat ETH? We will see, however, IMO, I believe that it's possible since they are all in altcoins and they are not BTC which has been dominating the market, so everything in altcoins which are legit has a chance to be number 1, personally I have no doubt that BNB will be the number in altcoins market.
jr. member
Activity: 105
Merit: 2
February 21, 2020, 03:32:03 AM
I dont think that binance will need to do that. ETH is a infrastructure project and there are a lot of other projects already
jr. member
Activity: 714
Merit: 3
February 21, 2020, 03:26:33 AM
It's not impossible in volume or market cap but its almost impossible in price wise. Binance keep rolling out new features daily now we have a market of earning as high as a 100% on each bear or bull prediction. They're always the first pioneer with great innovations in cryptocurrency just like their launch of IEO.
newbie
Activity: 83
Merit: 0
February 21, 2020, 01:54:55 AM
Today, as more and more projects prefer Binance Chain, there are a lot of talks about the decreasing competitiveness of Ethereum.

Nevertheless, Changpeng Zhao, co-founder and CEO at Binance, who is better known as CZ, doesn’t want their new project to be viewed as an “Ethereum killer”.

Yes, Binance Chain is able to offer projects higher speed but it does not challenge Ethereum, as CZ has noted in his tweet, as it doesn’t even have smart contracts.
sr. member
Activity: 560
Merit: 290
www.thegeomadao.com
February 21, 2020, 01:23:53 AM
To be honest, binance fee are very high for new project who want to make comunity project which dont have any fund for development like exchange listing & marketing promotions, and implement for token in binance token are very high which people need about 10k$ worth of BNB before they could launch their token on binance chain, in that way i dont think Binance could beat etheruem easily, also people are not stop using ethereum since the function like Dapps are really helpfully for user all the world.

only big project which have big fund of capital that can implement token on binance launchpad and chain, if binance planned to decrease their listing fee or implement free on their chain, percent of beating ethereum are high, trust me .
sr. member
Activity: 1498
Merit: 251
KUWA.ai
February 21, 2020, 12:56:41 AM
BNB still has a long way to go to defeat Ethereum. But it is also possible if someday BNB will develop even greater. Although the Market Cap both are still fairly far for now

Market Cap:
Ethereum $ 27,936,434,580
Binance $ 3,389,337,118

Because in crypto, anything can happen. Although this hope will be difficult to achieve for binance.
That's in term of the market valuation but i m feeling doubt about if we can create such a comparison based on the product that has already created by both of foundation. In my point of view if the product was playing a lot in this case. We will have a different answer when we are using another thing to create a comparison.
full member
Activity: 2408
Merit: 202
February 21, 2020, 12:49:39 AM
If Ripple did Beat the Ethereum how many times last year then why Not Binance?this is the most popular exchange now and people are really starting to trust the site so what more to invest in their currency?so Yes Binance can Beat ethereum but not permanently and will likely what happen from XRP against ETH in past that the value of xrp took over the rank 2 for couple of times but in the end?ethereum remains to be next to bitcoin.because ETH is one of the most promising currency from free coin to now second most valuable currency in cryptospace.
newbie
Activity: 429
Merit: 0
February 21, 2020, 12:15:16 AM
In my opinion , it would not be right to think that way now . Because ETH is a very popular and useful coin , more than that ETH has its own blockchain and that blockchain is in use all over the world . However, BNB is a very good coin , BNB usage and increasing day by day . So now it would not be fair to compare ETH with BNB. I do not think that BNB will be able to overthrow ETH . 
hero member
Activity: 1372
Merit: 503
February 20, 2020, 11:04:48 PM
It's not so easy to beat ETH in a real quick time, because binance is not dApp platform which doesn't entertain smart contracts.

What's wrong on being an exchange market? I think youre getting the wrong idea here. Even though binance is not a dApp platform, their features on their exchange has more advantage than just a dApp. Compared traffic with users using the exchange market and one of the dApp of eth? I think no one can match. dApps are good but not everybody are into it. But traders are well expose in market which is why Binance users will never perish or decreased. They cant beat them now but this isnt impossible.
newbie
Activity: 19
Merit: 0
February 20, 2020, 10:41:45 PM
Binance was down all day for maintenance, and they called itself "the biggest exchange in the world". LOL have you guys considered moving to another exchange?
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
February 20, 2020, 09:35:39 PM
It's unlikely that Binance Coin will surpass Ethereum in market cap as its only utility is primarily the exchange services, whereas Ethereum has plenty more uses as a versatile smart contract platform so keep this in mind if you invest
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
February 20, 2020, 07:51:06 PM
First it is worthy to know that both are very important and viable platforms in this crypto space with each playing a vital role towards the development and mass adoption of blockchain. Nevertheless it is also right to point out that where one tends to be decentralized in thus case Ethereum, the other tends to be centralized in this case Binance. With this in mind, in this space, decentralized platforms are highly regarded and with Ethereum blockchain being on the forefront makes it unbeatable not even by any other altcoin let alone a centralized platform or exchange. Ethereum has played a very role in the development of the blockchain space and it will be hard to be overtaken, thus in my own opinion, Binance stands no chance.
full member
Activity: 896
Merit: 236
February 20, 2020, 07:07:42 PM
I also think so because binance represents complete altcoin. Complete here what I mean is, from coins, exchangers, to wallets, binance has advantages. binary coins and exchangers also have a fairly high trading volume and will continue to increase. while etherum so far is still in a safe zone but etherum 2.0 also has to wait for the results. although in the end binance cannot pass through etherum, but at least binance will enter the top 5 best altcoins.
I think that if we consider these two coins as competitors for 5 years, then I think that everything will depend on the development of ETH. Now BNB seems stronger technologically for me.  maybe an ETH community and its capitalization is higher, but everything can change very quickly.

Do you think that BNB is technologically superior to Ethereum? It is surprising, as I though that Ethereum is one of the most advanced coins available at the cryptocurrency market. Can you please explain a bit about the technological advantages of BNB over Ethereum? Even if it is having some advantages, they will be gone once they roll-out Ethereum 2.0.
I am also waiting for his reply about this as how Binance is better then Ethereum because I also check data of many coins and feel Ethereum is one of most advanced coins as many new porjects using Ethereum blockchain for them and they are feeling very happy with this on other hand Binacecoin advantage is only as its backed by big exchange and recently have few Mou about using this for hotels bookings.
sr. member
Activity: 1036
Merit: 275
February 20, 2020, 06:14:01 PM
No, i don't think Binance would ever beat Ethereum in terms of price and marketcap. With the launch of Proof of Stake on Ethereum blockchain it is going to make people hold ETH much more hence bringing in more increase in price. If you are considering to invest in any of them then i would suggest you go all in on ETH, not much news surrounding BNB to cause any rise in price.
member
Activity: 368
Merit: 11
February 20, 2020, 05:23:03 PM
.

  • 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

No doubt,  binance has been able to provide the entire cryptocurrency market with a one-point-solution and usecases that brings about easy exchanging and storage of cryptocurrency assets. But beating ethereum, i think that much is still expected from binance as ethereum being the king of all altcoins has gathered lots of investors and loyalist as it was the first to provide the world with true decentralization with its:

1. Smart contracts
2. Dapp infrastructures
3. Ethereum virtual machine
4. decentralized registration
5. democratized crowdfunding
6. SCM (Supply-Chain-Management). To mention few....

Giving back power to the people and eliminating any form of monopolizatiom being the core attributes of blockchain and cryptocurrency,  i think any project that proposes a better real-life solution should soar higher
full member
Activity: 1750
Merit: 118
February 20, 2020, 03:00:45 PM
I also think so because binance represents complete altcoin. Complete here what I mean is, from coins, exchangers, to wallets, binance has advantages.

only etherium is the only one that can represent an altcoin or a token but binance coin can only represent its own exchange   . there is no way bnb can beat eth imo   . the better competitor to bnb would be other exchanger coins too like kcs of kucoin shares and the better competitor for eth would be waves or bitcoin  .  infact both of the coins that i compare to eth are also being compared by other people before and the result is btc is better than eth but eth are more better than waves  
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