Future of BNB? - page 2. | Bitcointalksearch.org

bobelr

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Quote from: Wysi on December 30, 2019, 11:06:31 AM

BNB was one of the most profitable exchange tokens before a while but now the value has dropped by over 50% as it's trailing at a mere $14 as of now and the same was above $35 in the month of June. If this trend continues then the BNB will lose its potential and investors. BNB was one of my favorite tokens which have crashed terribly, what do you think will be the future of this token?

I am very disappointed most times when people utter this kind of statement not towards you perhaps the statement itself. Price fluctuation is a normal phenomenon here in cryptocurrency. Every projects or coins on the market has experience this. So why do we raise alarm when it happens? Atomic wallet coin is a BEP2 token has done very well since listed and now price is down but triggers up few days ago and has been cool. the coin keep up because of the good team behind it which should be the concern. The use case is seen in the non-custodian Atomic Wallet with functionalities that wows. More info on https://atomicwallet.io
There are other coins like that as well.

gabmen

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Quote from: TastyChillySauce00 on January 04, 2020, 02:33:27 AM

Quote from: sorrros on January 01, 2020, 05:26:14 PM

Binance coin is a coin that should be in your portfolio, but do not expect big returns because Binance coin already made a huge returns and price didn´t dump as much as other altcoins dumped.
But on the other hand Binance coin will retain its value even in worse times.

Well I don't really sure about Binance coin could retain its value in worse times. I mean the only thing that makes BNB achieve the price to this certain extent is IEO and there's no other reason than that. Maybe it has the utilization to get discounted fee from Binance exchange service but it's still not enough to hold its price when the worse condition seem to come. The fact that it has made thousands percent ROI could also contribute to people's opinion that this coin might be overvalued. The coin utilization is basically the same as other exchanges' coin after all.

Well i think as long as binance is in operation, this coin will be relevant. Either for gas or investments. I just don't expect it to be one of the top coins in the market. Value-wise, i doubt it'll see a time when it'll be that hyped up that the price would soar. It's more of a transaction coin, i believe.

TastyChillySauce00

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Quote from: sorrros on January 01, 2020, 05:26:14 PM

Binance coin is a coin that should be in your portfolio, but do not expect big returns because Binance coin already made a huge returns and price didn´t dump as much as other altcoins dumped.
But on the other hand Binance coin will retain its value even in worse times.

Well I don't really sure about Binance coin could retain its value in worse times. I mean the only thing that makes BNB achieve the price to this certain extent is IEO and there's no other reason than that. Maybe it has the utilization to get discounted fee from Binance exchange service but it's still not enough to hold its price when the worse condition seem to come. The fact that it has made thousands percent ROI could also contribute to people's opinion that this coin might be overvalued. The coin utilization is basically the same as other exchanges' coin after all.

kapalmabur

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Quote from: thisnewcoin on January 03, 2020, 04:38:27 PM

This is not the first time when Binance coin's price comes this low. Overall, the BNB coin was great throughout the year. Right now the price is dumped which is good news for the investors. Ethereum is not doing well but that doesn't mean it's future already dark! I highly believe in 2020, BNB price will surpass 40 USD again with the normal market condition, and if the bull run comes it will surely hit 100 USD, BNB has this potential.

BNB does have great potential towards $ 40, but don't forget the increase in BNB ROI which is already more than 9000%, this makes BNB too risky to be made an investment, so it's up to you

mamahdedeh

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Quote from: MancyZz on January 02, 2020, 11:08:45 AM

Quote from: tianglistrik on January 01, 2020, 11:30:11 AM

Quote from: MancyZz on January 01, 2020, 10:02:22 AM

Quote from: Wysi on December 30, 2019, 11:06:31 AM

BNB was one of the most profitable exchange tokens before a while but now the value has dropped by over 50% as it's trailing at a mere $14 as of now and the same was above $35 in the month of June. If this trend continues then the BNB will lose its potential and investors. BNB was one of my favorite tokens which have crashed terribly, what do you think will be the future of this token?

its normally because bitcoin price falling down too, so BNB and another coins also going to down. in my opinion when bitcoin price go up, BNB will also go up
honestly, i am still believe in BNB, BNB is one of my favorit altcoins, i buy some and save for future. i think bull run will bring BNB increase high price even higher at june.

in BNB prices declined due to factors that must be investigated first. but the most visible is the impact of the decline in the price of bitcoin which has an impact on altcoin. maybe we have to wait for the price of bitcoin to rise, maybe Binance users can increase again, which can make a BNB pump.

difficult to push binance user to use and buy BNB for many quantities and hope that can makes many change with BNB price . ussually people buy BNB next after that people will sell their BNB again so make bnb price falling down
so efective way is wait bull run coming maybe in 2020 or 2021 only wait and save your bnb because bnb is profitable

as long as the confidence of the BNB product is maintained, I think it will be profitable to be held in the long term, especially with the increase in the price of bitcoin, which will influence the price of the BNB to grow

thisnewcoin

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This is not the first time when Binance coin's price comes this low. Overall, the BNB coin was great throughout the year. Right now the price is dumped which is good news for the investors. Ethereum is not doing well but that doesn't mean it's future already dark! I highly believe in 2020, BNB price will surpass 40 USD again with the normal market condition, and if the bull run comes it will surely hit 100 USD, BNB has this potential.

MancyZz

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Quote from: tianglistrik on January 01, 2020, 11:30:11 AM

Quote from: MancyZz on January 01, 2020, 10:02:22 AM

Quote from: Wysi on December 30, 2019, 11:06:31 AM

BNB was one of the most profitable exchange tokens before a while but now the value has dropped by over 50% as it's trailing at a mere $14 as of now and the same was above $35 in the month of June. If this trend continues then the BNB will lose its potential and investors. BNB was one of my favorite tokens which have crashed terribly, what do you think will be the future of this token?

its normally because bitcoin price falling down too, so BNB and another coins also going to down. in my opinion when bitcoin price go up, BNB will also go up
honestly, i am still believe in BNB, BNB is one of my favorit altcoins, i buy some and save for future. i think bull run will bring BNB increase high price even higher at june.

in BNB prices declined due to factors that must be investigated first. but the most visible is the impact of the decline in the price of bitcoin which has an impact on altcoin. maybe we have to wait for the price of bitcoin to rise, maybe Binance users can increase again, which can make a BNB pump.

difficult to push binance user to use and buy BNB for many quantities and hope that can makes many change with BNB price . ussually people buy BNB next after that people will sell their BNB again so make bnb price falling down
so efective way is wait bull run coming maybe in 2020 or 2021 only wait and save your bnb because bnb is profitable

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Quote from: bittick on January 02, 2020, 10:41:59 AM

Quote from: sorrros on January 01, 2020, 05:26:14 PM

Binance coin is a coin that should be in your portfolio, but do not expect big returns because Binance coin already made a huge returns and price didn´t dump as much as other altcoins dumped.
But on the other hand Binance coin will retain its value even in worse times.

This coin should be in our portfolios but just small percentage as it has reached the peak performance as sthe valuation of binance was growing a lot. It's better to bet on the coin that is still having a bright future. binance is a very good choice but it will not give us a huge increase like what was happening with the majority of coins in the medium tier.

I agree with you guys saying. It is highly recommended that Binance should be in our portfolio, what percentage will remain good. Indeed BNB has reached a high ATH, but that is not a problem. Can still benefit from this coin, by looking for daily profits may still be possible. And when Binance does IEO, it will also be very influential on this BNB coin.

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Quote from: sorrros on January 01, 2020, 05:26:14 PM

Binance coin is a coin that should be in your portfolio, but do not expect big returns because Binance coin already made a huge returns and price didn´t dump as much as other altcoins dumped.
But on the other hand Binance coin will retain its value even in worse times.

This coin should be in our portfolios but just small percentage as it has reached the peak performance as sthe valuation of binance was growing a lot. It's better to bet on the coin that is still having a bright future. binance is a very good choice but it will not give us a huge increase like what was happening with the majority of coins in the medium tier.

Gotumoot

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Quote from: arimamib on January 02, 2020, 10:23:13 AM

Quote from: Sterbens on January 02, 2020, 09:55:42 AM

Quote from: sorrros on January 01, 2020, 05:26:14 PM

Binance coin is a coin that should be in your portfolio, but do not expect big returns because Binance coin already made a huge returns and price didn´t dump as much as other altcoins dumped.
But on the other hand Binance coin will retain its value even in worse times.

Binance has been around for a long time in my portfolio. Indeed, I have already anticipated a large increase from Binance, but I still hope to increase again like all or at least we want to see BNB above $ 20 + because I have bought cheap at this time if prices have reached me I will get substantial rewards so BNB is a favorite coin.

binance has become one of the coins that has potential and is also a favorite of people. but the current price is not satisfactory enough, but if you believe to start investing in BNB then you can take place at the current price and wait for the next pump.

Yes Binance is one of the most coins, but i dont think that this coins have a potential in the future because this is only relying on demand of IEO investor and some investor that until now is believing on BNB coins.

I think price of BNB will only recover if they laucnh new project or if they reduced the requirements to participate in IEO.

arimamib

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Quote from: Sterbens on January 02, 2020, 09:55:42 AM

Quote from: sorrros on January 01, 2020, 05:26:14 PM

Binance coin is a coin that should be in your portfolio, but do not expect big returns because Binance coin already made a huge returns and price didn´t dump as much as other altcoins dumped.
But on the other hand Binance coin will retain its value even in worse times.

Binance has been around for a long time in my portfolio. Indeed, I have already anticipated a large increase from Binance, but I still hope to increase again like all or at least we want to see BNB above $ 20 + because I have bought cheap at this time if prices have reached me I will get substantial rewards so BNB is a favorite coin.

binance has become one of the coins that has potential and is also a favorite of people. but the current price is not satisfactory enough, but if you believe to start investing in BNB then you can take place at the current price and wait for the next pump.

Sterbens

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Quote from: sorrros on January 01, 2020, 05:26:14 PM

Binance coin is a coin that should be in your portfolio, but do not expect big returns because Binance coin already made a huge returns and price didn´t dump as much as other altcoins dumped.
But on the other hand Binance coin will retain its value even in worse times.

Binance has been around for a long time in my portfolio. Indeed, I have already anticipated a large increase from Binance, but I still hope to increase again like all or at least we want to see BNB above $ 20 + because I have bought cheap at this time if prices have reached me I will get substantial rewards so BNB is a favorite coin.

sorrros

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Binance coin is a coin that should be in your portfolio, but do not expect big returns because Binance coin already made a huge returns and price didn´t dump as much as other altcoins dumped.
But on the other hand Binance coin will retain its value even in worse times.

cotton ball

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Almost altcoin price future depend with how bitcoin, if bitcoin keep with lower price maybe become very darkness for many altcoin price in the future, but when bitcoin raise with higher price many altcoin will profitable and have higher price at the future include for BNB coin, although last month have burned their coin supply but never give effect how to make BNB keep stable with higher price.

Finestream

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Quote from: nakata121 on January 01, 2020, 01:28:08 PM

Quote from: Wysi on December 30, 2019, 11:06:31 AM

BNB was one of the most profitable exchange tokens before a while but now the value has dropped by over 50% as it's trailing at a mere $14 as of now and the same was above $35 in the month of June. If this trend continues then the BNB will lose its potential and investors. BNB was one of my favorite tokens which have crashed terribly, what do you think will be the future of this token?

I still believe if BNB will continue to be a great altcoin as long as Binance continues to develop as one of the largest exchangers ever, with the development of binance it will certainly have a positive impact on the altcoin BNB in the market exchangers, especially now that Binance continues to make breakthroughs the latest in every development of their exchanger platform.

They have an edge against other exchanges because they are innovative, and as long as they remain to be one of the top reputable exchange in the market, the value of BNB will never depreciate.

They are newer in the market compared to other exchanges but they were able to maintain their good status and they get successful in just a short period of time. Truly they have an amazing journey and I hope to see that continue in this new year.

nakata121

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Quote from: Wysi on December 30, 2019, 11:06:31 AM

BNB was one of the most profitable exchange tokens before a while but now the value has dropped by over 50% as it's trailing at a mere $14 as of now and the same was above $35 in the month of June. If this trend continues then the BNB will lose its potential and investors. BNB was one of my favorite tokens which have crashed terribly, what do you think will be the future of this token?

I still believe if BNB will continue to be a great altcoin as long as Binance continues to develop as one of the largest exchangers ever, with the development of binance it will certainly have a positive impact on the altcoin BNB in the market exchangers, especially now that Binance continues to make breakthroughs the latest in every development of their exchanger platform.

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Quote from: Mighty_crypt on January 01, 2020, 11:44:35 AM

For everyone who keeps asking about which altcoin is promising i suggest they should learn more about bnb token, it's a very good altcoin, it's trading at a very good deal of 13$ compared to ATH of 30$, it's hotcake token for long term holders as well

Well as foe the BNB , indeed it is performing well because it is beging handed by the biggest exchange right now, binance. The only thing that the BNB coin holds is the reputation from the Binance, if it is not on the binance then that coin would be unknown unlike bitcoin. 2020 is here, I'm quite skeptical with the altcoins still, I'm not sure if it is worth to buy and hold altcoins even the most recommended ones, I'm afraid for alernatives this year because of the bitcoin halving.

TinaK

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Every day Binance coin team coming up new business proposal and new IEO using their launchpad platform. Are you saying platform to make the money just for listing the new projects on their trading platform.

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Quote from: palle11 on December 30, 2019, 01:19:38 PM

Quote from: DonFacundo on December 30, 2019, 12:31:56 PM

Not just BNB has dropped 50%, many coins in the market were also down. Well don't worry I believe the potential of BNB, it will increase in the future for sure, just keep holding.

Surely what is happening to bitcoin affected most of the altcoins. Bnb is not different. Hodlers shouldn't panick because of this. Bitcoin is soon gearing for highs by 2020 and most valuable coins will start trading on highs too.

I don't think that the price of BNB is falling just because the price of bitcoin is falling. Recently, BNB has become very bad about their community. Very often, the CZ misinformes people and strange things began to happen on the exchange with manual influence on the prices of various cryptocurrencies. I think that if the price continues to fall further, it is likely that BNB will lose a large number of investors.

Captain Corporate

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As long as BNB keeps being used for everything related to binance, it will go up in price over the years. Binance is still working hard on improving their company and they are making better and better stuff right now so the BNB coin is used on more and more stuff for fee's. Its still better to have BNB on your wallet and pay less fee even on regular Binance exchange and thats just the main thing they make their money from, they are also moving towards staking, dex, fiat and many other parts of the crypto exchange world as well and that means BNB will be used a lot more and when its used more its removed from the market and usually burnt so the value of it increases as well. I find it even unsustainable because eventually BNB will be so expensive that people may hard time buying it to use on fee's.

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