Is BNB the Next Bitcoin? - page 23. | Bitcointalksearch.org

EdenHazard

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Quote from: iancortis on June 10, 2019, 10:08:17 PM

Quote from: Cjblog on April 25, 2019, 03:19:51 PM

While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?

BNB? i don't think it can surpass btc in the current stage.. but we cant say maybe in the long run bnb will, who knows. bnb is most popular knowing about the exchange feature and also it make a great volume because most traders jump their platform and heard and rely about community sides. thats only my thought.

How far it is? there is no coin who will change bitcoin both in terms of community, price and function. I have heard some responses about altcoin especially in this forum, most of them consider bitcoin to be one of the truly decentralized cryptocurrency. They will not turn away from bitcoin just to look at the short term potential of an altcoin even some of them has assumed that altcoins are only complementary in cryptocurrency. IMO bitcoin will never be defeated in terms of potential and popularity, bitcoin will always be a hot topic that will be presented by big many people.

iancortis

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Quote from: Cjblog on April 25, 2019, 03:19:51 PM

While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?

BNB? i don't think it can surpass btc in the current stage.. but we cant say maybe in the long run bnb will, who knows. bnb is most popular knowing about the exchange feature and also it make a great volume because most traders jump their platform and heard and rely about community sides. thats only my thought.

freedomgo

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Quote from: reality18 on June 10, 2019, 08:46:00 PM

BNB has great potentials of turning out to be something massive yet I do not see BNB to be a coin which can displace Bitcoin from the number one position. BNB has got a good market product, the Binance exchange, which is a highly demanded one on the market - one of the major factors necessary for a coin to survive and rise.

BNB can be the the next ETH or Ripple, but cannot be the next bitcoin, that's too much of an ambition, and even how good this coin is, the people will not allow it to be the no. 1, decentralization is what makes this market progressive, and they'll remain to be supportive with bitcoin.

reality18

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BNB has great potentials of turning out to be something massive yet I do not see BNB to be a coin which can displace Bitcoin from the number one position. BNB has got a good market product, the Binance exchange, which is a highly demanded one on the market - one of the major factors necessary for a coin to survive and rise.

TheClownSong

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Quote from: Jpti on June 10, 2019, 07:47:52 PM

Given the volume of gain in price over a specific time, Binance coin has beaten even bitcoin. But bitcoin is a legacy coin and no coin will surpass it in terms of price in the nearest future. BNB might come the second position in the place of Ethereum. Investment in BNB is far better than other coins like ripple, stellar and cardano.

Its more reasonable to compare BNB with ethereum because its for bussiness purpose. Bitcoin now become digital asset and can not compare with BNB but as investment, i think BNB coin is good long term investment because back up by big exchangers and profitable company

Helpme_please

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Quote from: Litzki1990 on June 10, 2019, 07:22:24 PM

Even the BNB have good development but BNB was at early stage of knowing the capability next to bitcoin maybe in the future it would happen to BNB but for now BNB need to explore more to many investors in the whole world so that BNB can close to ethereum.

we need to test bnb chain scalability first before compare it with bitcoin.if talking and compare it with bitcoin i think it means we talking about its network.and bnb chain not tested yet about it.but about developtment progress there is no doubt its very great.

Jpti

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Given the volume of gain in price over a specific time, Binance coin has beaten even bitcoin. But bitcoin is a legacy coin and no coin will surpass it in terms of price in the nearest future. BNB might come the second position in the place of Ethereum. Investment in BNB is far better than other coins like ripple, stellar and cardano.

Litzki1990

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Even the BNB have good development but BNB was at early stage of knowing the capability next to bitcoin maybe in the future it would happen to BNB but for now BNB need to explore more to many investors in the whole world so that BNB can close to ethereum.

xysheeh03

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In this year's market, BNB coin showing great numbers that investors believes in its future. I think BNB has a potential but comparing it to bitcoin it should have gone to many obstacles that it pass through and if its reputation still good, it can reach nearly to bitcoin and its volume should also be much more to be able to reach bitcoin even nearly. However there is none of the crypto that is comparable to bitcoin as of now.

inanilujimi

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For me BnB is too centralized and not feasible to match with Bitcoin, it's really very rapid growth with the latest breakthroughs they make but it's only for the sake of BnB and nothing more.

freedomgo

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Quote from: CryptoKush on June 10, 2019, 06:37:57 PM

BNB is too different from Bitcoin to compare them. BNB is a very centralized coin that probably will not survive for another 5 years. I would not advise to invest in this ionet in long-term.

As long as their exchange continues to be successful, that is their main asset why they will attract people to invest and trust BNB.

XRP did survive, and even the most profitable coin in the last bull run, and I really think BNB is better than XRP as its improvement is very visible to us and it's love by the community. Imagine the hack where a decent amount of money was stolen, it did not make people panic and still invest in BNB, though it was covered with SAFU funds but that is a big weakness on their control, possibly a future hack could happen as they are already proven vulnerable.

cotton ball

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For the price, it will probably increase significantly because this token is always burned every few months so that it will reduce the supply of the token so that the price will also soar with little supply given but if it is to become a Bitcoin I don't think it will happened to altcoin.

CryptoKush

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BNB is too different from Bitcoin to compare them. BNB is a very centralized coin that probably will not survive for another 5 years. I would not advise to invest in this ionet in long-term.

Cryptrx

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Binance built a model that benefited the price of BNB. IEO was instrumental to the price increase, people had reasons to buy and hodl the coin in order to take part in IEOs.

bakulgarem

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maybe it could be, because since first entering the BNB crypto market the coin has exceeded the other Altcoin on the market.

seggardinggins

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Maybe a lot is contrary to this statement because we are stunned to look back and ignore the crypto growth that is currently different.
With ease, we always consider the king of Bitcoin invincible and it is true that the position of Bitcoin in my opinion is irreplaceable, but here we see the other side, BNB has other potential that Bitcoin does not have in my opinion.

travwill

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In no case, Bitcoin is nothing but the very essence of decentralization, which cannot be said about the BNB. Completely centralized coin depending on its "center", in the case of the fall of which the price will fall.

Handsome Boy

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Quote from: Cjblog on April 25, 2019, 03:19:51 PM

While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?

Bitcoin remains Bitcoin, no one can replace or defeat Bitcoin, because Bitcoin is the king of all cryptocurrency, even though Binance prices have risen very high and the volume of Binance coin has increased very high too, I am still convinced that Binance will not be able to defeat Bitcoin, because there are still many people who believe and prefer to invest in Bitcoin rather than Binance, so until now there is no other cryptocurrency that can beat Bitcoin, as we saw in 2017, all the prices of cryptocurrency have increased very high (including Ethereum) and at that time Ethereum was very popular, because the price and volume of Ethereum coin increased very high, but still Ethereum can't beat Bitcoin and Bitcoin remains the most popular and king of all cryptocurrency until now, so I'm sure Binance won't be able to defeat and replace Bitcoin too.

Iykecollinz

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Very unnecessary question, so far Binance has no such capacity, it is practically impossible, Bitcoin have already come a long way and have created the crypto space and made it what it is today, it will be very difficult to do without as it is not having any central management and control. It will continue to hold say and keep being the highest traded pair in exchanges. Binance will most likely die if the Binance exchange dies but such will not be the case for bitcoin

Alohadanc3

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I don't think so. That BNB will be the next Bitcoin cause they are very different form each other. BNB is a exchange based token, now it has its won chain as a platform token. And BTC is the first blockchain chain based crypto. In this whole market people only trust Bitcoin. And it almost 50% or higher of the whole market cap. So it's not possible that anything is taking place of Bitcoin. But BNB also has a great teacher.

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