Is BNB the ETH of 2017? - page 3. | Bitcointalksearch.org

Sendi blackspade team

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Quote from: ChaoChibai on June 08, 2019, 06:45:36 PM

I also think the same way, because Ethereum is the older one so it has so many users and better credibility.
But I know that crypto is so dynamic so it might be possible that bnb be ahead of eth in the future but maybe not this year.

I think ethereum will still be the best. BNB does have good platform support, but like all platforms sometimes they experience problems and that can have an impact on the market price of their coins. ethereum with its own chain as well as BNB with their own chains. they will grow together in the crypto market.

romero121

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Ethereum and BNB were completely different in my view, because during the days of 2017 ethereum served to be the source for making and investment on ico's as majority were on the ethereum smart contract platform. Now the existence of IEO and its success has made exchange based tokens to flourish as it is the only asset paired for investing in the respective IEOs launched periodically. This keeps the volume good, following is the growth.

ChaoChibai

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Quote from: sabine80 on June 03, 2019, 11:14:18 PM

i think bnb is very interesting, but he is not the ethereum killer, in my opinion. as long as ethereum continues to have so many users, it will probably continue to be ahead of bnb.
that may all change in the next few years, but so far it does not look like it.

I also think the same way, because Ethereum is the older one so it has so many users and better credibility.
But I know that crypto is so dynamic so it might be possible that bnb be ahead of eth in the future but maybe not this year.

nanaimogold

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Quote from: HichemFetoui on June 04, 2019, 10:03:47 PM

Yes I think bnb can easily replace ethereum in the initial offering of new coin but it's a so hard to replace ethereum as the first smart contract coin in the market good luck for all

Binance and bnb is now at the center of everything cryptocurrency this year like Ethereum was for ICO projects in 2017 and 2018. From IEO to Exchange Listings to Binance Chain and so on

beerlover

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Ethereum also had dapp availability and BNB hasn't got that yet but BNB has the transaction lowerer thingy that it has which makes people earn more on avarage if they are day traders since if you do tens of trades everyday in the long run having a lot of bnb really worths a lot since you save a lot from the fee reduction. So ask yourselves if bnb fee reduction worths more or dapps worth more.

Now some people may think that dapps are a new thing and they are really growing and all coins try to make their own versions and it worths a lot for people now with now cryptokitties are becoming even second news compared to all other new ones. However I think even with that bnb helps traders save so much money because binance is used so much that I think fee reduction is still better than dapp. That shows bnb is a "better eth" for us.

HichemFetoui

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Yes I think bnb can easily replace ethereum in the initial offering of new coin but it's a so hard to replace ethereum as the first smart contract coin in the market good luck for all

didzi

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Quote from: aderidwan98 on June 03, 2019, 10:43:25 AM

It's possible, because BNB is a good coin, with the best performance from other coin coins, because when other coin prices go down, the BNB actually shows its quality, and may be able to match ETH in 2017

well if we talk about the possibility, everything will be possible mate
but, i think bnb is just like xrp, so this coin is not pure decentralized crypto ,
because of that i believe this coin will never beat or same with eth in 2017

snowblack

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Quote from: Spartacus1971 on May 30, 2019, 07:36:47 AM

The year of 2017 was fantastic for the crypto markets, led by Bitcoin with 20x gains, while many altcoins gained even more: Of the major ones, Ethereum had outperformed, as it became the “coin of the ICOs.” Thanks to the Ethreum blockchain based ERC-20 token mechanism, projects could easily raise funds in ETH via their ERC-20 ICO smart contracts.

We do identify some similarities between BNB of 2019 to ETH of 2017, whereas BNB is the coin used to participate in fundraising events taking place on Binance Launchpad. Following two successful fundraising events, Binance is looking forward to March Celer Network fundraising.

Another similarity is the negative correlation to Bitcoin. During 2017, when BTC moved up, altcoins moved down and vice versa. Some altcoins, such as Ethereum, had the highest inverse correlation in comparison to Bitcoin. In 2018, mostly there was a positive correlation between Bitcoin and the altcoins. Over the recent month, we can definitely see such inverse correlation between BNB and BTC.

I hope so. Binance policy: " If you want to buy IEO, you have to hold a mount of BNB for a period of time". This policy will hold price of BNB stability even when market down trend.

sabine80

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i think bnb is very interesting, but he is not the ethereum killer, in my opinion. as long as ethereum continues to have so many users, it will probably continue to be ahead of bnb.
that may all change in the next few years, but so far it does not look like it.

EdenHazard

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Probably not, I like BNB because has been changing a lot of negative someone's view to cryptocurrency. Also, their trading platform has been growing up per months and per years. I still remember when its price $15 a year ago and now its price has been increasing more then half for its original price. More and more newcomers who uses BNB for trading and an investment place then I believe its price will overtake ETH in the future. Although, I doubt with it because the creator of ETH still active to develop ETH system and make their holder convince the ETH price will touch the new ATH.

kamudd

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I don't know, I can't determine that. Like in 2018, many people assume that the Neo is the next Ethereum but what happens is Neo is unable to keep up with ethereum. So is the current one

The Sceptical Chymist

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Quote from: mk4 on May 30, 2019, 12:01:42 PM

While both can be used for fundraising, they still have significant differences. Fundraising on Ethereum is more decentralized, while fundraising on the Binance platform is no doubt purely centralized.

From what little I understand of BNB, I'd have to agree with you here. And frankly I don't see what the big deal is about BNB or why it's being compared to ETH--and this isn't the first thread that I've seen this done in. Sounds to me like a pump and dump attempt with BNB, because everything people are saying or asking about the coin looks like every other P&D attempt I've ever read.

But hey, I could be completely ignorant and BNB could be the ETH-killer. I seriously doubt it, though. My vote would be for NEO on that count, but I'm biased because I own some NEO. (lol)

And also, I can never get a straight answer as to why BNB is so important in threads like this, because they're so infested with shitposts that add nothing and answer no questions. Very frustrating.

Quote from: livingfree on June 03, 2019, 12:44:08 PM

BNB has a lot of advantage if you're ever trading on their exchange

I trade on Binance and I don't see what the advantage is of owning BNB aside from the fact that you can convert small balances into it. I actually like that feature very much.

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Quote from: arjuna BTC on June 03, 2019, 10:00:43 AM

even BNB now run on its own chain and a lot of good project born with IEO on binance launchpad
but i believe this BNB will never be like eth in 2017 mate
Eth was better than BNB, in the past now or in the future Wink

Yes it runs now on its own chain and is being developed well because of the success that it is getting today. I'm also against of comparing these two for now but if ever ETH goes on PoS soon, we'll see on how it will affect the coin.

BNB has a lot of advantage if you're ever trading on their exchange, while having ETH, it also has a lot of use but it's mostly for development and building up a new project. But it seems to be not echoing anymore.

nizar93

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Quote from: arjuna BTC on June 03, 2019, 10:00:43 AM

even BNB now run on its own chain and a lot of good project born with IEO on binance launchpad
but i believe this BNB will never be like eth in 2017 mate
Eth was better than BNB, in the past now or in the future Wink

all projects have their own roles and concepts. ethereum has the function of their own platform as well as the BNB has a function as a binary exchange coin. of course the development will also influence the development of the binance platform. because of that, I don't think there will be anything better now or in the future. all will be good in their own portion.

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Quote from: aderidwan98 on June 03, 2019, 10:43:25 AM

It's possible, because BNB is a good coin, with the best performance from other coin coins, because when other coin prices go down, the BNB actually shows its quality, and may be able to match ETH in 2017

Always have a chance as this coin simply moving forward and keeps on providing aside from the exchange they have other things to offer
to attract investors and traders to follow the project and make good growth and compete with all those coins inside cryptocurrency not only
for ETH but also to every single coins that have the same goals.

aderidwan98

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It's possible, because BNB is a good coin, with the best performance from other coin coins, because when other coin prices go down, the BNB actually shows its quality, and may be able to match ETH in 2017

arjuna BTC

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Quote from: FoBoT on June 03, 2019, 04:50:42 AM

From the release of the binance launchpad and their own mainnet we can liken BNB to ETH in so many ways but comparing BNB to BTC is a fantasy dreams.

even BNB now run on its own chain and a lot of good project born with IEO on binance launchpad
but i believe this BNB will never be like eth in 2017 mate
Eth was better than BNB, in the past now or in the future Wink

Dpat

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BNB is the BNB and it will never going to be Ethereum because ETH blockchain has the features where the other decentralised apps are created and the token on that blockchain. But, BNB is only representing the Binance coin which is evolved for the Binance community for the easy payment solution.

armarsterling7

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Quote from: consideritdone on May 30, 2019, 11:52:15 AM

a lot of tokens will be issued on BNB, to that sense yes
But it wont repeat 2017 feeling for sure, the ico market has passed on
and i would count bnb as already successful as its now a new high of $33!
https://www.coingecko.com/en/coins/binance-coin

Its price will increase. Previously Binance decided to burn the token as planned and it seems that Binance is looking to be a Bitcoin. He is creating deflation and their hold tokens will soon be rich in the future.
I really believe in CZ's strategy, he is very smart and is collecting most investors of the crypto market for exchange and his token.

Johnzky

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It’s too early to tell since the popularity of ethereum is still tagged in the market,but I don’t belittle the capacity of Binance(though the recent hacking has break many things towards the exchange.i think in the next 3-5 years then we can tell about how far BNB got and if it’s comparable to what ETh reached on the sane years

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