Topic: Ethereum and BNB (Read 723 times)

maybe bnb go up when other coin also go up because the market situation is good and bnb usually go up at the time like that because there are so many people buying bnb for staking in their platform and earn prize and when the market situation is better the prize worth more and thats why it making anyone attracted in buying bnb even more for the prize

What coin is BNC? how come I never heard of it, because if I listen from the discussion that you guys are talking about, it seems you mean BNB not BNC, did you experience a typo? if it's wrong in that, I totally understand, because this is a very common thing.

if you look at developments like that, it's true that it takes time to develop, so when someone dreams that by the end of this year they can reach $2000 for BNC, it's difficult, I even dare to say that it took him 5 years from 8 months to reach the price of $2000 for BNC, because  The turmoil in the market is not yet time for him to shine like that

because ethereum blockchain is still bigger than bnb, in the op compared how much bnb growing faster even bnb made highest 13million transaction in a day instead ethereum highest transaction 1million.
i recommend to invest bnb than ethereum, bnb price will up faster eth in future.

If binance can cover a 3k USD value within 4 years time , then ethereum might  hit 10,000$ and up then so still Ethereum will be the second largest currency in crypto.
Binance is good no doubt about that , and also this has real back up having an exchange but ETH had stablished the position years before the Binance was born and that made eth the second respected and trusted cryptocurrency of our time now.

Who bought ETH in January 2018 and hold till 2021, deserve to be called as true investors. They are very patient, brave and didn't give up their belief in ETH.

BNB was airdropped by Binance in 2017 and who received it but hold till 2020 or 2021 should be considered as real investors. I believe BNB will get price as same as ETH now.

ETH and BNB are good altcoins and they are lessons for people who want to become altcoin investors. If they can not do as above, buy, hold through bear market, they are not real investors but just speculators.

Ethereum and bnb is the most outstanding altcoins this year, I believe that those who buy on cheap last 2018 has now earning a huge amount of profit. Bnb and ethereum are both useful coin it is the most gainer altcoins in terms of investment this year and their is no doubt that before year end it will have a new ATH so buy guys before it's too late again.

I agree that for ETC it will also be the same depending on the position of the BTC magic, now BTC is experiencing a significant increase making some altcoins go up drastically uncontrollably, but if anyone hopes BNC reaches $2000 by the end of this year it will be quite difficult because he has to exceed ETH  now.

Within 4 years it is very possible that the price of a bnb will reach $3k.  Currently the function of BNB is almost the same as ETH.  Moreover crypto will be more and more popular every year, I am pretty sure the future of crypto is very bright in the future.

Ethereum is bigger than BNB so it is more stable than BNB. I also believe that Ethereum will have price about $10,000 but even so, it is only x3 from $3,000.

BNB if gets a price at $3,000, would be x8 from current price.

I have both BNB and ETH in my portfolio but I have more BNB than ETH. I don't say BNB is better than ETH but I smell more chances to get more profit with BNB.

Binance was a big surprise in 2017 when the market was dominanted by Poloniex and Bittrex. Binance appearance changed the crypto exchange industry and since 2017, Binance has been a leader in crypto exchange industry. They are very creative and determinant with their products, promotions. They are game changer since 2017.

Yeah exactly, No one has predicted about Binance that it will grow like that within a matter of few months but i have been hearing every one saying ethereum grow since years. But BNB has grown multiple times more that ethereum.

Ethereum will make it there mate, because i believe still of what will be the next version of ETH will bring sooner, i don't know what takes this long to release but hoping this will come as soon as [possible as the competition for the ranks is now increasing , there are other coins that has been a threat to each others position.
I trust Binance but i am not sure if this will make it there to break ETH in that second position.

No, you can't just ignore the volatility of the market. In fact, nobody thinks that BNB will reach $400 but said this year, then I have to agree with you that it was just a dream, as it was too far from happening (we only have less than 5 months to go). 

But on the other hand, ETH couldn't able to reach $4k within this year, that was my take unless if there is a miracle happen to BTC that it moves and surpass the last ATH. But considering the situation now, even we can see some huge pumps still weren't enough to boost it up and reach $4k.

if you put your hope in BNB I agree with you, there will be a spike up especially with your target of $50k BTC it's not grandiose for me, but if you hope like the others he breaks the $2k mark for BNB by the end of this year it's quite a dream  big.

Regardless of what happens, this year's BNB will hit a price that makes people cheer. I myself also believe that BNB will hit a fantastic price if BTC hits $50K and Ethereum hits $4K this year. Why say that, because what I have observed so far is that BNB is like a coin that maintains the cleanliness of the two coins I mentioned (BTC and ETH). When they go up, BNB will also go up. I hope I'm not wrong.

you are too optimistic that BNB will reach $2000 within the next year, it's already in the 8th month, only a few months away from being left in 2021, while BNB doesn't seem to be going up yet, there hasn't even been any meaningful movement, you shouldn't be too grandiose in setting targets for BNB.

I don't think that will be a problem either, and what you should know is that BNB will always be near ETH forever because over time BNB also continues to grow like ETH, so it doesn't matter if you choose both and one of them, because they are both good

You are trying to compare a decentralized ETH with a centralized BNB. And what will happen to the BNB coin if the Binance exchange starts having problems with regulators? In contrast, the growth of the Ethereum price depends only on its development and on the efforts invested by the project team.

And for the Gas transaction scheme, it seems that Ethereum has not fully made adjustments and settlements because the Gas fee which is still changing in a matter of seconds is proof that they have not made a test in that direction on Ethereum at this time.

It's true that it will dominate the market for a long time because of the huge influence on Binance as the best exchange at the moment, so anything related to Binance including the first coin sale it will be successful and make ROI higher which can be 10x even more which is unimaginable, because many requests can not be filled so that the increase can occur.

About the development of blockchain bscscan is very advanced, many users have turned to it and made them more comfortable with cheap and fast costs, in fact many projects under its auspices are running successfully.

I'm sure the current BNB price is still low and will be even higher in the future.

I think as far as Binance dominates crypto markets as number one exchange, its coin BNB and its
blockchain will keep growing. BNB will stay as number 3 the most important coin in the market for many years to come.

It seems people use BSC more than BEP2. Cross-chain or Interoperable chain is attractive for people because they would prefer to choose a chain that gives them more convenience.

https://exchange.coin98.com/

Coin98 Finance is built for multi chain and I think it will compete with Uniswap, Sushiswap for the leading position in DeFi. It was born later than Uniswap or Sushiswap but I think that one is growing very fast.

BNB has a lot of potential to reach that price in this year or in the next year. In 4 years i think BNB can reach more than that price, right now i have more BNB than ETH because i have a big faith with BSC can be better than ETH platform in the future.

If we look carefully, we can see that the current increase in the price of ethereum is the impetus for the ethereum 2.0 update which is running quite successfully, with the existence of ethereum 2.0, of course it will change the gas fee scheme while making it easier for ethereum mining later, so there is no reason for us to mention if ethereum 2.0 is not becoming real, whereas in the last few months the ethereum platform has successfully tested ethereum 2.0 to the public.

Both of this coin is one of the best coin in crypto and it's very hard for me to choose one of them. Right now my portofolio is dominated by ETH 35% and BNB 25%, but in the near future i think ethereum will be more usefull than BNB. After this big upgrade from ETH it make me more believe ETH will be our future.

bnb has a real product which is needed by a lot of new projects right now, while ethereum is experiencing an increase due to the reduction in supply yesterday, I think if ethereum doesn't make a breakthrough soon it could happen bnb will outperform ethereum if many projects in the future are involved with bnb

The BEP2 chain is already BNB's native chain. I'm not sure if the Smart Chain is a pegged token or they migrated some of the supply to that chain but it is working fine and it is already independent from Ethereum. Making BSC compatible with Ethereum was a good move because a lot of developers either moved over to BSC or are making cross-chain products that can be accessed by BSC supporters.

What is with 2022? is there any events expected for BNB to break Ethereum ?? what if the version 2.0 of ethereum goes real ? do you thinkt his wont effect the value of ETH again?

It is the market conditions and time that will be the right answer, whether in the future the BNB can rise to 3000$.  All are predictions, if you look at the history of ETH and BTC from 2016 until now, it takes time and trust.  Binance may go up but is a bit slow as the total supply is 168 million more than ETH, while BTC is around 21 million in total supply.  So if you want to go up to thousands of dollars it might take a while.

Next year, BNB price can increase to more than $1k and BNB has that chance. But this time, the BNB position has decreased because ADA takes over the position to number 3 while BNB is at number 5. I think many investors interests in ADA and try to join that project. But BNB still is the favourite coin after Ethereum so there is a chance for BNB to lift the position later but it will not so soon because ADA will not give up after taking over BNB's position.

Next four years is too long, i think BNB can reach that price in the end of 2022. I've been on crypto since 2017 and the develop of BNB is very fast and it just take 2-3 years for binance to become the biggest exchange in the world, so i think it very possible for BNB to reach that price or maybe BNB can be better than ethereum in the future.

Yes, I understand your opinion, but I personally feel very positive about that. Looking at the problem simpler, I also don't think much of technology feature solutions at the moment, it will be a premise to attract money into the market, because new people lose money to scammers then they also have to learn how to get their money back , but still very sorry

It's an excellent comparison. The most common comparison I see between ETH and other blockchains such as BSC is always about fee and speed, but what has been delaying those projects even before BSC with low fees from defeating ETH is what I wonder, could it be that the ETH team is more experienced and better than others?Binance's native  chain was Bep-2, and it didn't stand a chance against ETH until BSC (BEP-20) came onboard, looking almost identical to the ETH chain. Even so, the BSC network still has troubles now and then, so what will happen if it lasts longer?

It can't be denied that bnb was on its developing stage right now but we can't really associate it with ethereum to become equal on both advantages. However, the potential of bnb can be a strong foundation in the future of our asset as time grows older now and then. We should treasure the moments that this opportunity had provided to us on both cryptocurrency, because they're all worth for our trust.

We never have the courage to accumulate more before because of some doubts and uncertainty until such a time that we've noticed their prices move high. Because if that we all seeing this gonna happen, I think we all are hoarding coins before but sadly, only a few people have that trust and market confidence. But we never have to think it was really regrettable, something we just are considerate with the situation as we are also looking for some assurance but at least we have to prove their potentials now.

Many will do the reverse as you example, which is to buy $300 and hold until it reaches $3000 including me. 
Me and other people who have done something like that must think it will increase 100% even if it doesn't happen or only increase 30% of the purchase price.

I think it's too long, seeing the current development of BNB which continues to increase I don't think we need to wait that long to reach the 2k price maybe next year BNB will be able to reach the 2k price because of the development and also the higher coin volume.

Indeed. It would be great if BNB created its own smart contacts. Both coins are good and both have an equal value. Both have very good utility advantages and are also still developing that is good and important in crypto world. But, now BNB was really surprising since most of the new projects now prefer smart contracts from Binance namely BSC that is more effective in terms of functionality and transaction fees. If it will stay on what it is, especially having most of new projects and people can gain more profit, maybe there are lot of people wants to switch to BNB over other coins.

we will be counting down the time from 5 years to come to 11th August 2021,04:20:00.  Because I realized that it took them +5 to reach that price +$2,000 because BNB is still born from the womb of ETH

It would be great if Binance created its own smart contracts. If Binance is able to make that happen, I automatically believe more people will switch to BNB over other coins.

IMO, It is our personal perspective to judge base on our own experience, that's why I can say that because of the expensive fees on Ethereum Network, it becomes a problem because it's not sustainable in the long term, that's why for me, I'll go for the Binance Smart Chain, the same high on liquidity, but less expensive in transaction fees, I don't care about those decentralization issues, after all, governments have the final say, comply or banned that's why it's not an issue to me. Actually Eth. v2.0 means nothing if they can solve the gas problem.  

I think 4 years is too far, $4000 will be reach in the next year i think. In 4 years i think BNB will be worth more than that, my prediction it will be worth more than $10k or even more than $20k. About ETH, i agree with you from my perspective i think ETH is the pioneer for any other altcoins.

I see in the OP more nostalgia for what happened than explaining why it is so likely in this area. IMO BNB vs ETH will both be the leading players of the market, you probably won't regret it like you bought it, I see people regret a lot for not buying at that time to keep them until now. In fact, everything happens directly differently than when we judge it in terms of the past or the future.

ethereum is more reliable than bnb, although bnb smart chain becomes very useful when ethereum gas fees increase a lot in the past bull run, But still there's no way bnb can take over ethereum place especially right now that they published the new system which the 2.0.
And if there's a potential for bnb to reach $4000 after 4 years? @OP. well let's see, infact bnb has a good technology aswell, maybe there's a potential..

Very precise and very much I support. I will also do the same with you when I have the opportunity to buy Ethereum

If Binance created its own original chain for BNB, it would be more interesting to observe the competition in the market between Ethereum and BNB. Whether Binance transactions are still high above Ethereum or not.

For me, I think that the price of Ethereum will reach 10K and the price of BNB will easily reach $ 3000, it is only a matter of time the two networks achieve tremendous growth and with a lot of important updates and the continued growth of the use of smart contracts in both networks we will witness a huge growth in the price In just a year or two, Binance achieved a very wide spread and with the continued burning of BNB tokens, their price could reach record numbers and achieve new peaks, you may be correct who missed buying Bitcoin at a cheap price that can make up for what he missed by buying ETH, BNB.

It's possible, because as you can see the rank of BNB in the market and ethereum is almost the same, wherein only the price is different..and indeed they are both powerful nowadays and bnb become so popular because of it's smart chain features wherein so useful since the hard time of the market and ethereum gas fees rapidly increase before.
For me BNB is a second option when it comes ethereum, so expect in the future the price itself will improve as well such where the etherum price riight now. Perhaps after 4 years $3000 isn't enough if market  were always fine in my personal opinion.

Not all of the users of the Binance exchange are for the reason of the Binance smartchain, because before the Binance smartchain, there were a lot of users on the Binance Exchange and there were many who liked the BNB coin, so the Binance smartchain is a very useful plus from Binance.

I favor Binance coin than Ethereum for so many reason , but the main part is that never that BNB had experience a super high Gas fee that even ethereum supporter cried out because the fee almost leveled in Bitcoin transaction fees.
why choose a coin that brings this issues when there are many option to make it easier and cheaper? binance smart chain is the future alternative to bitcoin and in that sense i am sure that binance will come to break ethereum in the future .
or best say it is happening very soon i believe.

In fact it is usually up to the individual to use the currency but if you have a problem with the amount of fees then BNB is much better. Ethereum and BNB are both good currencies in the crypto market and their demand is high binance smart chain is good for those who have problems with fees here the amount of fee is less and the transaction is much faster. Very helpful for low currency transactions due to the high fee at ethereum, the higher the amount of ethereum the harder the transaction becomes.

Because teams see plus points if they build up their blockchains on BSC. Investors like it. Traders like it, so why not use BSC.

When Bitcoin has issue with transaction fee, people choose Ethereum as alternative. After the birthday of Binance Smart Chain, they have another alternative chain to choose. Bitcoin, Ethereum (ERC20 chain), Binance Smart Chain are top chains now. Some crypto exchanges have their own built chains and will try to compete with top chains.

Altcoin chains are more vulnerable to attack than Bitcoin because they have lower and weaker hashrate.

Gas price is not cheap as I imagine after the hard fork.

https://www.gasnow.org/

yah even that Ethereum is promising the version 2.0 that will be the answer for that high gas fee in congestion time, yet this is not enough assurance for the people who already experience that said huge fees recently.

I think with Binance offering so many options nowadays? there is no doubt that this will surpass the ethereum network in future and maybe we will all celebrate the success as our trading activities will be safer from higher fees.

i think i can relate on this belief mate because the binance smartchain seems to be the main reason why people are loving this exchange and also their own cryptocoin.

I know but growth need time to goes from volatile to stable. After soaring growth, if Binance Smart Chain remains its transactions after up and down, its temporary growth will become a future basement. It is a new support like in the price chart for Binance Smart Chain. I think with Binance ecosystem and their creative products for the crypto community, Binance Smart Chain will grow more and BNB will get price as Ethereum has now, in the next years.

I can wait, next 4 years to witness BNB above $2000.

the same as what I said but I can't predict $2,000 in the next 4 years, I even take into account about 5 years from now, because 4 years of facultative value achieved by a BNB from now 2021 around 2026 it could be $2000 or more

I can see Binance Smart Chain to be growing well even if there can come a time when Ethereum will go back to the "normal" transaction fee which is right now so incredibly so high and is the reason why many drove to BSC. There are many opportunities on both networks and I am sure they are going to be maximizing them. Expecting that BSC would also accelerate its development in the face of huge market acceptance, I can only see a bright future for this platform but it does not mean that Ethereum is going to be the loser as it remained to be strong, solid and so viable - now we are just awaiting its many developments with the aim to make the network more conducive to users.

but look at the comparison mate , ethereum almost consistently having that transaction per day while in binance there are chances from time to time. means the ethereum users are constant and efficient .

but of course i am a Binance supporter and user so i may rely on thos thread to make me rich in earlier time.

We all had different frustrations from btc and ethereum, and nobody expected that we're going to experience the latest price outbreak that overwhelmed everybody.
However, thinking about bnb within 4 years of holding would be a brilliant idea because who knows someday we will see it pumping more like ethereum. Their binance chain network is developing a lot of projects, let stay tuned for more updates and also don't miss holding bnb while cheaper price is available.

If we are going to just talk about transactions, ethereum is a decentralized place, which miners helped so far and it will continue to be like that for a while longer, however when it comes down to negatives of this is the fact gas fee reached as much as 40+ dollars at some point, if you let people decide on it, there will be greedy people who want more and there will be rich who will pay more and everyone who is poor will end up getting screwed.

This is the only reason why ethereum got lesser and lesser attention while BNB grew bigger and bigger, those people ended up screwing themselves over by getting gas fee higher and scaring off everyone else. BNB on the other hand is centralized and the gas fee could actually be dropped to zero, all it takes is Binance saying they are willing to cover the costs, which they won't but at least knowing that they have that power, it is good for transactions.

BNB will be tied to the reputation of its startup exchange. Anything tied to regulations and legislation will not easily achieve such simple growth. Binance has been in a black spot recently and there is still no good signal to return.
BNB is easier to move towards centralization than Ethereum. So, I don't think it will be able to achieve massive growth like ETH.

Yes! BNB can easily become a competitor of ethereum coin. Because now new projects are mostly build on BSC (binance smart chain). Because it has low fees, fast speed, and secure block chain. Ethereum is a good block chain but now a days project that are build on bsc chain are more liked then the projects build on ethereum block chain. But ethereum is still on the world second biggest coin according to market capitalization.

IMO, I believe it depends on your perspective, at first I'm an Eth user for a long time already, But when the gas fee problem was surface, I was very disappointed and I don't understand why it will come to that problem, and when the layer 2 solutions have arrived, at first I was not convinced of their worth but when I try it I was amazed because the fees are cheap and the transaction is fast and also my address was the same of Ethereum so, now I strongly believe the Binance Smart Chain and its coin BNB will have a brighter future in the next 4-5 years from now. and the $3000 price per BNB is highly possible in that time because everything is possible in crypto.

will affect market conditions. but in terms of project development, I believe both are doing their best not to lose their market.
The BSC community is growing very fast. whereas ethereum starts very slowly and steadily. that's what makes ethereum has a community that grows very large and is not easy to tear down.
whereas BSC is supported with an excellent exchange platform. this makes their market growth run fast. even their blockchain adoption is also growing very fast with the glitch of ethereum.
BNB will have a hard time catching up on the price of ethereum. but their market growth will have a pretty good comparison.
BNB has something that ETH doesn't.

Thank you.
Many people use the BNB smart contract for me, it is still reasonable as another alternative and it is an inseparable part of the economic concept.
I would be happier if the person who made this post commented on my opinion.

Yes, the BNB chain is alive and well at the moment with many uses, so in general the BNB chain is very good and there is no doubt about its potential in the future, because Binance itself is still always providing the best for their platform so far.

The transaction cost really matters to many small crypto account holders. Like in the past, I can easily transfer coins even worth $5 to exchanges in Ethereum because the cost is below .50$ but right now this is not already possible so I just left many coins in my wallets because it is already unprofitable making them cash. I am then dreaming that wallets like MEW or TrustWallet would also be offering exchange services so there is no need to transfer the asset into another platform. Anyway, with BSC the fees can be negligible compared to that of Ethereum. Now, if things in Ethereum can be "normal" again, then there can be a big "I SHALL RETURN" movement into it.

It's not wrong, what you said is very true because it was proven in the past so that everyone who has been in the crypto space for a long time will admit this, where Ethereum has been much stronger than the past until now, and when it comes to transactions that are bigger, it's because the cost of the BSC network is still very cheap so everyone chooses to use that option in order to save on transaction costs.

I admit that BNB has bigger transactions than Ethereum at the moment. As you said that is a total of 8 times higher than ETH every day.
Based on my knowledge while in this space, before it became famous as it is today, BNB started its journey in crypto by using the Ethereum platform. From there, I think Ethereum is more powerful than BNB.
This is my opinion. Please correct me if I'm wrong.

As long as binance can deal with the regulation to get license for its operation in several countries and i guess this can become the biggest exchange site in the world. The volume can be centralized on binance and the activity on the BSC will increase.
It may happen. Remember that there was a cap for the maximum supply of BNB. that means if it will have less supply than ethereum as the burn was happening gradually.


BNB already had its native chain and here's it https://binance.mintscan.io/

It is really a good comparison. Most of the times the comparison I see between ETH and other blockchains like BSC is always about fee and speed but what has been delaying those projects even before BSC with low fee from beating ETH is what I wonder, could be the ETH team are more experienced and better than others. Binance native (first chain) chain was Bep-2 and it didn't stand a chance to beat ETH until BSC (BEP-20) came onboard after looking like it copied from ETH chain, but even at that, BSC network still faces issues once in a while what then will happen when it last longer. To add to this, POLYGON Chain is already out and their team are doing a very good work already, and projects are already migrating to it, thus standing at a better chance to challenge BSC, therefore I think on the long run, the fight or comparison will be among BSC and POLYGON, none will have what it takes to take up ETH because the London hard fork is already working pretty well, and the proposed upgrade will most likely take care of the high gas fees, thus making ETH more valuable.
Lastly, in terms of BNB price in next four years, can't really be predicted just as that of ETH was not really predicted, but if their team continues working while withstanding the competition coming from chains like that of POLYGON, maybe BSC will stand a better chance at reaching that target.

How BNB will reach $3k according to your capacity as a position trader or maybe an investor, we can't predict the next 4-5 years about the situation of the crypto, maybe something beyond common sense will happen in the future. The BNB coin has great potential in terms of utility in the Binance exchange with the largest trading volume in the world.

It is really hard to see where we can possibly profit from that 2 coins, there are many tokens that relying on Ethereum, while BNB represents the biggest crypto exchange in world, but one thing i can sure both Ethereum and BNB are depending on how Bitcoin moves in the market, no any crypto can resist Bitcoin

Binance dominates the crypto exchange competition and they don't show that they stop their creativity and leadership. There are many exchanges but Binance is the leader and their products are released ahead of other exchanges. They create trend and other exchanges join trends created by Binance.

After Binance Smart Chain from Binance, other exchanges try to create their own chains.

This is very likely to happen, some even predict this year BNB could reach a price of $2,000, but tweeted from Musk about Bitcoin greatly affecting the market, so all altcoin prices fell including BNB.
It takes patience to be able to see our investment in BNB reach a high price, so you don't regret selling too cheap