Pages:
Author

Topic: If bnb overtakes eth (Read 1733 times)

newbie
Activity: 75
Merit: 0
May 28, 2021, 09:24:08 AM
BNB is giving a good fight to Ethereum. But I don't think BNB will ever pass over Ethereum or make near it. BNB is backed by the largest cryptocurrency exchange Binance and that's why it's pumping so much. When Binance loses their position in the market, the token price of BNB will be down a lot like other alt's.

It's clear that Binance using their power to push BNB and want to increase the activity of their chain. Some people taking this as a way to get in Binance exchange. I mean who doesn't want to be listed on the #1 exchange. This is why we're seeing projects moving from eth platform to Binance Platform. This is not good for the community when someone misuses their power. If they give out 1 BNB just to use their platform I am not going to use it. I don't think they created anything new leave ETH chain and use their chain. BNB is a short term investment opportunity with huge risk where ETH is for long term investment. Now people need to decide which one they're going with.

HELLO, help me understand my problem. How do I send an "EQL" token to the Binance Dex exchange for trading?

EQL I have on Trust Wallet and they are in ERC20, I can not send to bmb wallet, I read that it needs to be done through Binance Bridge? That's the problem.


As far as I understand I need to somehow send EQL-ERC20 to EQL-BEP2? But I don't know how.


EQL on Trust Wallet -  https://i.ibb.co/FVHrkbW/Screenshot-2021-05-25-09-30-54.jpg

Binance Bridge -  https://i.ibb.co/42v0vtm/Screenshot-8.jpg
sr. member
Activity: 994
Merit: 257
November 07, 2019, 07:02:23 PM
I have to honestly say that the coming years will overtake ETH. binance has more advantages than ETH. like binance has a large exchanger, binance has IEO which is very popular with many people, then ETH platform all seems to have started migrating to the Binance platform.
Taking into account their current market caps BNB will have to see a growth of 600% and ethereum will have to remain where it is, do you think that is likely? At the same time you are assuming that binance is going to be around and still be the biggest exchange in this market, and while it may seem unthinkable that binance is going to lose its privileged position we have seen many exchanges disappearing in the past and I do not see why this could not happen to binance.
member
Activity: 207
Merit: 11
November 07, 2019, 08:38:17 AM
Binance Coin (BNB) is a coin that is predicted to replace Ethereum, as we know the growth of BNB is fairly calculated very fast
in my opinion. But Ethereum has a large community that is very difficult for BNB to match. Therefore from CMC ETH ranking is
still number 2, which means there are still many investors who entrust their money to be invested in ETH. Still quite heavy for
BNB overtakes ETH. But in 5 years who knows BNB can overtakes ETH.

Although BNB has been predicted to replace ETH but that's just a subjective perspective of people who are too trusting in the exchange behind this coin, the result after many years is still very clear, eth may decline, bnb can go up but overcoming is still impossible, the distance never changes too big, eth is still a more widespread and influential coin while bnb is still focusing on a relative area. And these features have started to appear since birth, it has been fixed, which makes eth very stable and limits a lot of competitors such as bnb.
sr. member
Activity: 575
Merit: 268
Changing the game
November 07, 2019, 07:47:03 AM
I think that is unlikely to happen, ETH and BNB are two different types. ETH's reputation as a large crypto will not simply let BNB take over ETH, maybe lovers and investors of ETH will not be quiet either. BNB is currently at the top, BNB rate is very good and stable, while tokens / coins based on BNB are also stable, but don't forget why BNB is like that, everyone already knows because this BNB is an exchanger, it's clear that tokens are definitely there will be stable considering BNB's reputation and position as a major exchanger has the highest rank. But what will happen if BNB declines reputation and ranking in terms of position exchangers, this will certainly have a serious impact on tokens / coins using the BNB platform.
Now ETH is ETH the same as BNB? ETH stands alone, as a single fighter in the world of crypto where its existence is still clear and still shows its fangs as the strongest competitor to crypto.
sr. member
Activity: 2380
Merit: 267
Vave.com - Crypto Casino
November 07, 2019, 07:06:08 AM
BNB has the back support of Binance. That makes lot of people trust on it but, ETH has achieve the place without the golden spoon in mouth. Both coins are great I do not think it is fair comparing them.
I strongly agree with the opinion you have said, that the two coins are very good both BNB and ETH and it is not appropriate to compare. but I am still very sure, it still needs enough time for BNB to replace ETH or to be able to match. because ETH is the same as bitcoin, it has become a benchmark as a comparison for other coins.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
November 07, 2019, 06:55:14 AM
BNB will not be able to overtake ETH, because the growth of BNB was due to the popularity of IEO, and at the moment the popularity of IEO has decreased and therefore BNB is not so promising
What about the growth of the exchange? BNB was already a profitable coin even before the IEO, so you can't say that it only rely on IEO.

Maybe there will be more development the team is cooking right now and we might see a pump once that is going to be a success, if you trust the team, you will look on the overall value of the project, and not just on IEO only, and with that said, I believe it could overtake ETH.
Yes, we can't say the growth that has taken place with Binance Coin is the impact of IEO alone. The launch of more IEO over the Binance launchpad helped with a higher level of growth when the entire market was experiencing a bearish trend. Ethereum on the other side is strong on its functional platform serving as the ground for development. Both are entirely different and I don't think Binance will overtake ethereum.
hero member
Activity: 1778
Merit: 504
WorkAsPro
November 07, 2019, 06:10:52 AM
BNB has the back support of Binance. That makes lot of people trust on it but, ETH has achieve the place without the golden spoon in mouth. Both coins are great I do not think it is fair comparing them.
You're right . Each coin has different values and different ways of development so it is not possible to compare these two coins in the most specific way. In my opinion, Ethereum is a coin that is heavily dependent on technology and this is also where there are many smart contracts so this coin will definitely increase in the near future. Beside , BNB has many benefits on transaction fees and is supported by Binance so this coin is very valuable in making a profit.

Anyway, both are the favorite choice of many investors and I fully believe in the development of these two coins. You can choose both for long-term holding if you like because if the market grows then two coins will surely help you earn high profits.
hero member
Activity: 2912
Merit: 674
November 07, 2019, 03:19:25 AM
BNB will not be able to overtake ETH, because the growth of BNB was due to the popularity of IEO, and at the moment the popularity of IEO has decreased and therefore BNB is not so promising
What about the growth of the exchange? BNB was already a profitable coin even before the IEO, so you can't say that it only rely on IEO.

Maybe there will be more development the team is cooking right now and we might see a pump once that is going to be a success, if you trust the team, you will look on the overall value of the project, and not just on IEO only, and with that said, I believe it could overtake ETH.
full member
Activity: 481
Merit: 102
November 06, 2019, 03:27:40 PM
BNB will not be able to overtake ETH, because the growth of BNB was due to the popularity of IEO, and at the moment the popularity of IEO has decreased and therefore BNB is not so promising
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
November 06, 2019, 03:10:27 PM
I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.

This is very likely to happen since Binance coin is now the most hype coin in the entire altcoins market. People are even buying Binance coin more than Ethereum. If I may ask, please how is buying Ethereum these days? There are very few people that are buying Ethereum in the name of investment these days. In time, Binance coin will overtake Ethereum in the future.

This is not true at all.. Ethereums 2.0 update will soon be coming out and lots of people are investing in Ethereum because of that. Just because the price is low in a somewhat down market does not mean people aren't investing in it. With staking coming relatively soon, there's very good reason to buy and hold onto Ethereum and people will be buying it up soon enough.
sr. member
Activity: 1876
Merit: 318
November 06, 2019, 06:58:46 AM
Binance Coin (BNB) is a coin that is predicted to replace Ethereum, as we know the growth of BNB is fairly calculated very fast
in my opinion. But Ethereum has a large community that is very difficult for BNB to match. Therefore from CMC ETH ranking is
still number 2, which means there are still many investors who entrust their money to be invested in ETH. Still quite heavy for
BNB overtakes ETH. But in 5 years who knows BNB can overtakes ETH.
member
Activity: 136
Merit: 39
November 06, 2019, 06:50:50 AM
BNB has the back support of Binance. That makes lot of people trust on it but, ETH has achieve the place without the golden spoon in mouth. Both coins are great I do not think it is fair comparing them.
legendary
Activity: 3122
Merit: 1147
November 06, 2019, 05:47:47 AM
I have to honestly say that the coming years will overtake ETH. binance has more advantages than ETH. like binance has a large exchanger, binance has IEO which is very popular with many people, then ETH platform all seems to have started migrating to the Binance platform.
Once Binance stays in control they have the power to manipulate the market, they already hold one of the biggest exchange in the market, so whatever they say has an influence to the people. If you notice, they also have their decentralized exchange, build their own chain and for sure more improvement to come, they are a definition of a project that remains stable regardless of the market situation, and one proof to that is when they reach an ATH this year where we thought its not possible.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 05, 2019, 10:18:30 PM
In my opinion Binance chain is not for smart contracts and its not competing with smart contracts block chains, but it has it's utilities. Here are the 3 most significant uses of Ethereum's smart contracts: issuing tokens for ICOs, issuing tokens for stablecoins and DEX, and none of these use-cases require smart contracts and definitely it depends on definition of smart contract. However, someone correct me if i am wrong.
but this is not about smart contracts but overtaking one coin of another in terms of circulating supply and Value as well.
so i think there is a chance that Binance(BNB) will took over ethereum(ETH)position as number 2 crypto currency next to bitcoin.
we have seen the growing exchange of Binance while ethereum is continuously losing supporters,yeah the price is stable but the usage from the ICO has already gone and it wont take long before this finally happen that BNB will overtake ETH
I have to honestly say that the coming years will overtake ETH. binance has more advantages than ETH. like binance has a large exchanger, binance has IEO which is very popular with many people, then ETH platform all seems to have started migrating to the Binance platform.
we have same stand because ETH was already being hated for the abused did by many ICO in past and until now.

so the answer is yes Binance will eat Ethereum soon
hero member
Activity: 1274
Merit: 500
November 05, 2019, 09:23:20 PM
I have to honestly say that the coming years will overtake ETH. binance has more advantages than ETH. like binance has a large exchanger, binance has IEO which is very popular with many people, then ETH platform all seems to have started migrating to the Binance platform.
Binance investment fund can completely pump BNB to very high prices because as I know, Binance is one of the leading financial exchanges and overcoming ETH is only a matter of time. I think BNB is being considered the best option in this market because this coin has so many different utilities and greatly reduces transaction fees.

This year I will still be more patient with BNB because this coin has brought a lot of profits for me. Beside, I can also join the IEO that they propose because these are usually very good projects.
member
Activity: 168
Merit: 10
November 05, 2019, 07:52:27 PM
I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.

This is very likely to happen since Binance coin is now the most hype coin in the entire altcoins market. People are even buying Binance coin more than Ethereum. If I may ask, please how is buying Ethereum these days? There are very few people that are buying Ethereum in the name of investment these days. In time, Binance coin will overtake Ethereum in the future.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
November 05, 2019, 02:10:34 PM
I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.

haha this would never happen man, BnB is a different coin all together, made for a different purpose.
BnB will be really good for their dex, for tokens to speculate on. Eth is for building a decentralized internet all together the way i see it
Each has their own place, so if BnB overtook eth in price, nothing would happen imo
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
November 05, 2019, 12:20:29 PM
BNB and Ethereum are completely different coins, but they have a very similar community. The supporters of these two coins are usually very open to other projects in the cryptocurrency industry.
If BNB goes beyond ethereum in the future, that does not mean that BNB is a “better” crypto, and that Ethereum is a “worse” crypto.
Bnb and Eth are different cryptocurrency, with different goals, but with an open community to work together to help the entire crypto economy develop.
And these two altcoins have different functions and uses, so, it is very difficult for BnB to replace ethereum functions and uses in the cryptocurency world.
sr. member
Activity: 1120
Merit: 255
November 05, 2019, 10:19:54 AM
In my opinion Binance chain is not for smart contracts and its not competing with smart contracts block chains, but it has it's utilities. Here are the 3 most significant uses of Ethereum's smart contracts: issuing tokens for ICOs, issuing tokens for stablecoins and DEX, and none of these use-cases require smart contracts and definitely it depends on definition of smart contract. However, someone correct me if i am wrong.
member
Activity: 663
Merit: 10
https://streamies.io/
November 05, 2019, 09:54:42 AM
I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.
More and more projects are using the platform of BNB because Binance is getting more and more powerful. Its value is growing stronger and stronger as the Chinese government is seeking legal support for Chinese businesses. That will be the foundation for Chinese businesses to grow stronger than ever.
that's why more and more people are relying on Chinese businesses and their platforms. Hopefully in the future Vitalik will do something different with their platform.
Pages:
Jump to: