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Topic: Can Binance beat Ethereum - page 20. (Read 3039 times)

hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 06, 2020, 02:13:48 PM
#4
I'm more of ETH holder than BNB but everything is possible in altcoins market. We see the rally of XRP and ETH before so we might even see the rival of BNB and ETH.

But with the aim of beating ETH, this will not be easy for BNB. They need to work it out to surpass ETH's current market cap.
jr. member
Activity: 163
Merit: 6
February 06, 2020, 12:37:57 PM
#3
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.


Agreed with this concern Binance is be like some centralized, here is also IEO and new listing matters if they will consult on merit then its will not hurt their market impact otherwise story can be different.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
February 06, 2020, 12:27:05 PM
#2
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.
jr. member
Activity: 163
Merit: 6
February 06, 2020, 11:29:15 AM
#1
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
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