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Topic: Future of BNB? - page 5. (Read 811 times)

sr. member
Activity: 938
Merit: 251
December 31, 2019, 12:40:11 PM
#53
Waiting for with BNB coin in the future and new year will make BNB keep higher price and always allowed with bitcoin price, when bitcoin have lower price BNB allow with lower price, we never heard new update way with Binance owner about their coin will listed on bigger exchange or have new partner company in real life, how about the future of BNB depend on his hands.
member
Activity: 300
Merit: 11
FRX: Ferocious Alpha
December 31, 2019, 12:09:01 PM
#52
The present state of the market is really affecting all coins and BNB is no exception. I believe that when the market recover BNB will surely rise back to the top. Binance has got some credibility that can keep BNB going for sometimes.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 31, 2019, 12:04:49 PM
#51
Binance has been growing like crazy all year in 2019, they have added so many new features, they did the DEX, they are opening headquarters in many places and now they are focusing on fiat to crypto vice versa exchange system as well which would bring them to whole another level.

So, the fall of BNB in the recent months is probably market related and I can understand that but the bigger Binance grows the stronger BNB gets because they actually buy it and burn it so your BNB could worth more, the richer they get the more they can afford to buy and the more they burn the bigger we will get. Plus the more people use binance the more they will want to pay their fee's with BNB and the more utility for BNB means more people will buy BNB and less people will sell it.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 31, 2019, 11:49:17 AM
#50
but I am sure BNB will continue to grow, although IEO in the market has lack of hype but the exchange function is still good.
Users can still use BNB to reduce transaction fees and also if invested I think there is still potential in it
There should be reasoning as to why BNB will grow in the future though, most of the BNB price pump driven by the IEO and now it's stuck because there's no real utility other than being as ordinary as any other token released by yet another exchange which is to get the fee discount. If that's the only utility left I think the price should just equal or a little bit more than any other token with same utility.
hero member
Activity: 1386
Merit: 503
December 31, 2019, 11:44:33 AM
#49
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?
Even so the price of BNB is still at a price that I think is safe if we look at the initial price of BNB. if investors invest at the highest price and now the price is down, then your destiny is out of luck. my opinion, this BNB should be able to compete with ETH, we know that the development of BNB is getting better. I am sure that the future of BNB will be bright in the future.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
December 31, 2019, 11:39:23 AM
#48
BNB was one of my most favorite coins of 2019 and I thought its price will hit 50 USD at the end of this year but look now, BNB price has decreased by 50%! This really hurting for investors, it's like the Binance chain and IEO lost the hype, so the price comes to down and it seems they will lose the 8th position very soon! Now, I actually confused about the BNB coin's future! The price will grow for sure but they may not achieve support like this year!
but I am sure BNB will continue to grow, although IEO in the market has lack of hype but the exchange function is still good.
Users can still use BNB to reduce transaction fees and also if invested I think there is still potential in it

We just think positively about BNB in ​​the future. I am sure this will indeed grow again, if some investors no longer believe that their business is the most important thing is with my thinking that BNB will rise again to high levels, maybe it could be a bearish effect so prices continue down more than 50%.
sr. member
Activity: 1020
Merit: 253
JangaCams.com
December 31, 2019, 11:08:01 AM
#47
BNB was one of my most favorite coins of 2019 and I thought its price will hit 50 USD at the end of this year but look now, BNB price has decreased by 50%! This really hurting for investors, it's like the Binance chain and IEO lost the hype, so the price comes to down and it seems they will lose the 8th position very soon! Now, I actually confused about the BNB coin's future! The price will grow for sure but they may not achieve support like this year!
but I am sure BNB will continue to grow, although IEO in the market has lack of hype but the exchange function is still good.
Users can still use BNB to reduce transaction fees and also if invested I think there is still potential in it
hero member
Activity: 1008
Merit: 501
December 31, 2019, 10:57:54 AM
#46
BNB was one of my most favorite coins of 2019 and I thought its price will hit 50 USD at the end of this year but look now, BNB price has decreased by 50%! This really hurting for investors, it's like the Binance chain and IEO lost the hype, so the price comes to down and it seems they will lose the 8th position very soon! Now, I actually confused about the BNB coin's future! The price will grow for sure but they may not achieve support like this year!
legendary
Activity: 3150
Merit: 1125
Leading Crypto Sports Betting & Casino Platform
December 31, 2019, 09:44:14 AM
#45
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?

Other exchanges have also created their own currencies, there are the stablecoins and there are many other Altcoins. when the market becomes very competitive and investors have many investment options, then investors split their investments into the various options that exist and many projects fall price because they won't have much money coming in like in the past. If you look to the future, the trend will be that the competition will increase a lot and few projects will survive, so don't expect to see very high BNB prices
legendary
Activity: 2982
Merit: 1069
December 31, 2019, 09:23:27 AM
#44
BNB is one of the largest growing coins in the last couple of years. Their success boosted by the rise of Binance exchange. And Binance today looks stronger and larger with multiple of services and exchanges operating and BNB also being the base coin for BinanceDEX and Binance chain being used by many tokens.
hero member
Activity: 1273
Merit: 507
December 31, 2019, 09:16:10 AM
#43
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?
Future of Binance coins will depend on thier project on exchange because now IEO now don't get much investor and almost dying also.  So this is what binace need to avoid and need to resolve this problem so that the price will increase again
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
December 31, 2019, 07:55:27 AM
#42
BNB is also one of my favorite coins too, especially when I trade on the binance exchange. I am indeed quite often investing binance, especially at the peak price, and I can only hope that this downward trend does not run continuously. but for BNB to lose users then I think not, because they have considerable strength

There are a lot of coin that passes like that and I think it would happen as the same as the top tokens. I hope that it would not but it has a high percentage that every token except bitcoin would be at risk from dumping price.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
December 31, 2019, 05:44:42 AM
#41
The decline in the price of BNB coins will not significantly affect investors, because their main goal to be there is to enjoy the long development of BNB.
The current decline is natural, but who will be able to predict the price or market capital for the next 2 years or even 3 years.
CZ I think has given a confidence to all investors that BNB will always carry out continuous development in order to form a positive market trend.
hero member
Activity: 1358
Merit: 509
December 31, 2019, 05:35:41 AM
#40
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?
The pause of the ieos in binance and the drop in the price of bitcoin are the reason for the current price. But I think it will start to recover with the recovery of the market. BNB will be able to survive through binance, but this can be an advantage, but also a disadvantage. When there is another exchange more preferred than binance, this will immediately affect bnb price.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
December 31, 2019, 05:25:08 AM
#39
because the market and bitcoin prices are down so that it also affects the BNB, so actually just waiting for the movement of the price of bitcoin, I am still waiting and want to see at the beginning of the year, just hold it BNB, I also hold BNB in my portfolio because I like the concept and quick transactions plus large companies like binance, I think BNB has good potential for the future, if the price of $ 14 is cheap, I think it's time to buy it.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
December 31, 2019, 05:18:28 AM
#38
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.

BNB was hype,,, surely anyone who knows how crypto works understands this?

When they were just giving it away for competitions, even encouraging wash trading (you guys know what I am talking about) and all sorts of contests to just rack up the numbers, why do you think BNB just kept going up in price until it could not sustain? As usual, BTC will grow and save everyone else.
sr. member
Activity: 1148
Merit: 432
December 31, 2019, 05:11:26 AM
#37
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?
Because the market is weak, it certainly affects the existing coins and tokens. BNB was popular and a short-term favorite, but now the market has a different will. Many tokens are weakened and eventually disappear from circulation. Next year it will probably be a resurrection of existing coins and tokens. Hopefully this really happens so we don't have to worry anymore to survive.
hero member
Activity: 3052
Merit: 606
December 31, 2019, 04:57:58 AM
#36
BNB will grow and has a potential to bounce back again as long as the exchange is one of the leading in the market.

Why worry too much, though it looks alarming to those who does not know about BNB's price movement but actually this year BTC already increase from 5 usd to the current price if I am not mistaken, and how much more if investors sold their BNB to its high this year, they are so profitable then, more profitable than btc.

The hype is still here, believe me, once bitcoin starts to be bullish again, bnb will easily follow.
legendary
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
December 31, 2019, 04:55:55 AM
#35
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?
While BNB is a token that can be considered a "stock" of Binance, don't forget that BNB is still part of the cryptocurrency market. From 1 BNB = 0.1 USD, it has grown in value to nearly $ 40. Hence, the problem of reducing the value of BNB is very reasonable. Even those crypto with an active community like Bitcoin, Ethereum, XRP, etc. are still unavoidable of the devaluation after excessive hype.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
December 31, 2019, 04:50:50 AM
#34
Judging from the replies of this thread many gave positive feedback to BNB so there are still many who believe in BNB coins because they believe BNB will recover after this decline, so I also still believe in BNB to hold for a long time no need to worry about much the issue of bitcoin prices continues to fall, BNB prices will continue to rise if the bullrun comes.
I think you don't need to be afraid of the Binance Coin platform (BNB) they can solve the problem in a good way and proven to date they still remain a place of exchange that has a very high trading volume every day and has a very fast coin price movement.
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