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Topic: Can Binance beat Ethereum - page 18. (Read 3050 times)

member
Activity: 1204
Merit: 11
February 08, 2020, 02:37:15 AM
#44
The improvements in ethereum network is the most important reason of the growth of eth which is unstoppable and going in a positive way that's why its adoption graph is massive and I think the value of bnb is depend only on its hype so it's really hard for bnb to beat eth.
sr. member
Activity: 826
Merit: 252
February 08, 2020, 02:05:22 AM
#43
I still don't get it why BNB can defeat ethereum but if ethereum fail with 2.0 the possibility is more bigger than pass it. There's psychology that popular coin can't defeat by new coin but this is market and everything could happen. Depend my experience BNB can become third coin but will never pass ethereum, Binance need value and volume and so far we only see they manipulate BNB with good story and event. Ethereum doesn't need that because people trust already with them, so use ethereum as priority and BNB as alternative.
newbie
Activity: 29
Merit: 0
February 08, 2020, 01:32:02 AM
#42
I don't think that the two is even comparable to be honest. If you wanted to compare BNB then its closest competitor is Kucoin Shares (KCS), both are exchange coins.

But for the sake of argument, personally, I don't think that BNB will beat ETH any day, yes BNB enjoy the support of the community, but ETH still takes the second position behind BTC and would continue to be traded in millions in dollars whether we are in a bull or bear market.

This is not fair to comparison between Binance and Kucoin. No doubt kucoin is working hard and busy to improve their platform by introducing its various product and also seeking attention by giving bounty, But it still not to even close binance by any means.

Can't disagree really. Moreover even if BNB would cost more than ETH does would it mean that Binance beat Ethereum?
I don't think so, Ethereum has a lot of power and resources at this moment
jr. member
Activity: 163
Merit: 6
February 08, 2020, 01:16:36 AM
#41
I don't think that the two is even comparable to be honest. If you wanted to compare BNB then its closest competitor is Kucoin Shares (KCS), both are exchange coins.

But for the sake of argument, personally, I don't think that BNB will beat ETH any day, yes BNB enjoy the support of the community, but ETH still takes the second position behind BTC and would continue to be traded in millions in dollars whether we are in a bull or bear market.

This is not fair to comparison between Binance and Kucoin. No doubt kucoin is working hard and busy to improve their platform by introducing its various product and also seeking attention by giving bounty, But it still not to even close binance by any means.
legendary
Activity: 2576
Merit: 1655
February 07, 2020, 06:46:37 PM
#40
I don't think that the two is even comparable to be honest. If you wanted to compare BNB then its closest competitor is Kucoin Shares (KCS), both are exchange coins.

But for the sake of argument, personally, I don't think that BNB will beat ETH any day, yes BNB enjoy the support of the community, but ETH still takes the second position behind BTC and would continue to be traded in millions in dollars whether we are in a bull or bear market.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
February 07, 2020, 06:46:26 PM
#39
Ethereum is failing to update the technology with the time where it is needed. They had hard fork last year and this year they gonna have ETH 2.0 upgrade, so, I think they started developing strongly, that's why I think Binance won't beat Ethereum not very soon. But the way Binance making new features, someday it can beat Ethereum, there is a possibility? But personally, I believe Binance won't able to make it?
sr. member
Activity: 546
Merit: 250
February 07, 2020, 06:10:24 PM
#38
Ethereum's community might be older and experienced so Binance need more time to reach near to Ethereum so Binance is bit far to compare with . but Binance have potential if exchange keep move smoothly.

Thanks
Regards
full member
Activity: 1400
Merit: 103
February 07, 2020, 11:09:48 AM
#37
It is obvious that in its message topic starter systematically leads us to the idea that BNB is better than ETH. And manipulates numbers a bit.
By the way, the Binance coin rate is not quite correct, the coin cost 10 cents on the ICO, and at the beginning of trading there were already other numbers. As for ETH the coin cost about 0.02254 BTC on the ICO
jr. member
Activity: 224
Merit: 2
February 07, 2020, 10:02:51 AM
#36
I do not agree. in my opinion binance will never be able to defeat the position of ETH. I am always sure of the smart contrac that ETH continues to develop. and POS system that will be used in ethereum 2.0 later, I'm sure this will reverse the situation and eth prices can even exceed the highest price at that time.
full member
Activity: 1470
Merit: 148
February 07, 2020, 09:57:47 AM
#35
I don't think Binance will beat Ethereum. Taking a closer look at the rate which the market went recently, Ethereum outperformed Binance , also, many have this opinion that, if Binance takes over form Ethereum there's likely to be a market monopoly, which will not be good for crypto community. Ethereum upcoming upgrade from PoW to PoS will make Ethereum more attractable and viable.

Am holding some Ethereum and very few BNB tokens ..
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
February 07, 2020, 09:48:43 AM
#34
It definitely can depending on how binance improves the ways people can use BNB. Just to give an example last year binance was dealing with a lot of IEO because they were giving that chance and millions of dollars worth of BNB was bought to support those new coins, yet eventually the interest got less and less which still means BNB is a high priced coin but nowhere near its peak last year.

Now, if they can somehow get the interest for their IEO higher or find a way to get people excited about something and use BNB for it making an excuse to buy BNB by millions of dollars again, they would be able to increase the price yet again and eventually with enough time I am sure BNB will pass ETH, however if they just slack of and not do business properly then BNB won't worth as much even if still good.
member
Activity: 686
Merit: 15
February 07, 2020, 07:14:54 AM
#33
Ethereum is just too solid a project for Binance to defeat. Many bitcoin buyers and sellers most use peer-peer have never even heard of BNB, lols! although they know ethereum well and trade it. I have been educating them about binance because of its support for some fiat and has very high liquidity with excellent customer service. Binance is a fantastic exchange but ethereum is a solid project with a good community.
hero member
Activity: 2856
Merit: 674
February 07, 2020, 06:41:58 AM
#32
ETH does not have that kind of development as it's a different platform, as long as there's a lot of project that trust their platform ETH will continue to grow. I wouldn't bother thinking of the possibility that Binance can beat ETH someday as both coins are good and I have invested on both.
Actually, I'd rather like to see them grow together and make this altcoins market a strong market for people to invest in.
full member
Activity: 1708
Merit: 105
February 07, 2020, 06:37:21 AM
#31
I think someday BNB will beat ETH, What you Think Smiley
if that happens it takes a very long process for Binance BNB to beat the ETH price.

Current price position (7 feb 2020).

BNB position: $ 21.73
Ethereum: $ 220.77
Very far in comparison.

Ethereum is used by all ERC 20 transactions and the volume is very high compared to BNB and Eth using many available platforms.

While BNB is rarely used for transactions in general on the market, it is not the same as eth.

So, I would argue that BNB might not be able to beat the ETH price.

I agree still here is a huge difference between them but since Eth hype continuously coming down and binance is well in business. If this routine will
continue at least 1-2 year  this will change the game.

maybe I don't agree that there will be a change in the next 1-2 years that binance will be able to shift ethereum. still need time for this, although in crypto can happen that are unexpected but still realistic.
jr. member
Activity: 163
Merit: 6
February 07, 2020, 05:56:15 AM
#30
I think someday BNB will beat ETH, What you Think Smiley
if that happens it takes a very long process for Binance BNB to beat the ETH price.

Current price position (7 feb 2020).

BNB position: $ 21.73
Ethereum: $ 220.77
Very far in comparison.

Ethereum is used by all ERC 20 transactions and the volume is very high compared to BNB and Eth using many available platforms.

While BNB is rarely used for transactions in general on the market, it is not the same as eth.

So, I would argue that BNB might not be able to beat the ETH price.

I agree still here is a huge difference between them but since Eth hype continuously coming down and binance is well in business. If this routine will
continue at least 1-2 year  this will change the game.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
February 07, 2020, 05:43:18 AM
#29
I think someday BNB will beat ETH, What you Think Smiley
if that happens it takes a very long process for Binance BNB to beat the ETH price.

Current price position (7 feb 2020).

BNB position: $ 21.73
Ethereum: $ 220.77
Very far in comparison.

Ethereum is used by all ERC 20 transactions and the volume is very high compared to BNB and Eth using many available platforms.

While BNB is rarely used for transactions in general on the market, it is not the same as eth.

So, I would argue that BNB might not be able to beat the ETH price.
I think in cryptocurrency all the possibilities can happen, you can see how the bitcoin price movement from the beginning was created until now the price can be expensive, so when the Binance exchange has a good development then it can be used as an opportunity for rising BNB prices so the price range is not be a serious problem.

It is undeniable that currently the platform for Binance exchange is widely used by the people for trading because indeed there can provide comfort and security when trading.
sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
February 07, 2020, 05:43:02 AM
#28


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
Because they have money, they can buy many companies or ideas, but they are unlikely to succeed. Billionaire Son Masayoshi has invested in many technology businesses and has become the richest person on the planet, but then when the startups did not work as expected, all failed. he is now a venture capital millionaire and that says not every investment is possible. Although I know that the Binance team is working hard to control the market, I still believe that ETH is worth more. They have a great platform and are used by a lot of users. in the future they will soon upgrade ethereum 2.0, so everything needs time to respond.
full member
Activity: 1820
Merit: 107
February 07, 2020, 05:39:58 AM
#27
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
I'm a Binance exchange user since 2017, I also witness how these humble cryptocurrency exchange, begin its journey into popularity, But if we think that Binance can beat Ethereum? I think it is not possible for now. because I believe that Binance still needs to improve a lot more and walk an extra mile before it can beat Ethereum.
legendary
Activity: 2128
Merit: 1775
February 07, 2020, 05:31:38 AM
#26
I think someday BNB will beat ETH, What you Think Smiley
if that happens it takes a very long process for Binance BNB to beat the ETH price.

Current price position (7 feb 2020).

BNB position: $ 21.73
Ethereum: $ 220.77
Very far in comparison.

Ethereum is used by all ERC 20 transactions and the volume is very high compared to BNB and Eth using many available platforms.

While BNB is rarely used for transactions in general on the market, it is not the same as eth.

So, I would argue that BNB might not be able to beat the ETH price.
member
Activity: 868
Merit: 16
February 07, 2020, 05:18:43 AM
#25
Have you compare the differentiate between ethereum price and Binance coin price especially for their all time high prices? If you haven't you should compare it now. Then, have you consider that binance was born because the exchange factor, which I mean just its user who will use binance coin or who have a lot of binance coin but in ethereum I'm sure there will be many people who have a lot of ethereum. Also, smart contract fitur that will make ethereum as the father of it. There are a lot of altcoins who use smart contract ethereum then I think ethereum will br the successful project in the future. And I believe its price is very deserve to reach $10.000 in the future.
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