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Topic: Is BNB the Next Bitcoin? - page 3. (Read 23492 times)

full member
Activity: 742
Merit: 100
December 08, 2019, 09:12:45 AM
BNB was another way to make money for a while. And those who understood this were able to make good money in due time). It could not be as good all the time as in the beginning. Considering how each project was omitted after entering their exchange.
newbie
Activity: 21
Merit: 0
December 08, 2019, 08:49:52 AM
HPB
sr. member
Activity: 2366
Merit: 448
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November 03, 2019, 04:39:59 AM
Whatever the reason, BNB will not be able to replace bitcoin as the king of crypto and things like that have happened several times predicting some coins can replace the position of bitcoin and in fact not.
BNB is Altcoin and it's clear that Altcoin is just an imitation of bitcoin, so logically how can Tirun replace its original position?
jr. member
Activity: 980
Merit: 1
November 03, 2019, 04:18:50 AM
It seems to me that the new Bitcoin may be Bip. If you do not know about this coin, then you should get to know it, they have their own network. I do not know what Bitcoin will face in the future, but bip has proven itself well.
jr. member
Activity: 168
Merit: 2
mada mada dane
November 03, 2019, 02:25:00 AM
I don't think any coin could surpass the power BTC holds even if that coin has gained a lot this year. Looking back on how BTC has 10 years in its history and improving ever since it started, no coin could replace that considering the market's ups and downs.
legendary
Activity: 3346
Merit: 1352
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November 03, 2019, 12:50:04 AM
I think it could have been BNB coin would be the next Bitcoin. For one reason is BNB coin has agreed to burn 20% profit every 4 months, So the supply will be reduced and the purchase volume is getting higher for BNB, Hopefully BNB to be the next Bitcoin in the future.

It is actually irritating to see these type of posts here. Just because Binance is being a profitable exchange, you think that it can overtake Bitcoin? Technologically, what makes BNB different from the other cryptocurrencies out there? What makes it different from the other coins, such as Dogecoin or Litecoin? And what are its uses, outside the Binance exchange?

The fortunes of BNB are closely linked with the Binance exchange. They are doing quite well currently, but I don't think that they will remain on top for quite long. First of all, they are not taking the security seriously. Earlier this year, they were hacked and some coins were stolen from the exchange wallets. And later, it was claimed that the KYC information was leaked for tens of thousands of users.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
November 03, 2019, 12:31:42 AM
haha i wouldn't say "the next BTC" thats for sure, but thats not necessarily a bad thing
it just wasent meant to be the same, it was meant to be more like ETH, a dapp smart contract platform for tokens Tongue
BnB is a good coin still to add to ones portfolio for sure, will be interesting to see what it does in 2020...
hero member
Activity: 1666
Merit: 502
November 02, 2019, 11:20:30 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?
What do you talking about? Many people have compared several altcoins with bitcoin. Although the market is now dominated by bitcoin, this is not a matter of competition, we want cryptocurrency to be a financial and economic problem solver. If the altcoin volume is bigger but the bitcoin community is bigger, stop to think of something like replacing bitcoin or something like that, every cryptocurrency has its own uniqueness that makes it survive.
member
Activity: 938
Merit: 14
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November 02, 2019, 10:55:58 PM
BNB is a very good coin on the market and it has got all that it takes for a coin to succeed on the market. For BNB to displace Bitcoin from the number position will take lots of hard work because in terms of marketcap Bitcoin outweighs BNB more than 50% where in terms of market volume, almost 100 times. This tells the adoption level and how strong Bitcoin is in both the crypto world and real world.
member
Activity: 392
Merit: 11
November 02, 2019, 10:45:20 PM
No, I don't think so. I just read the BNB technical whitepaper https://www.binance.com/resources/ico/Binance_WhitePaper_en.pdf it said that BNB running natively on Ethereum blockchain. So, I think any token/coin that running on Ethereum blockchain cannot beat the Bitcoin.
hero member
Activity: 1274
Merit: 500
November 02, 2019, 09:03:44 PM
This is exciting. Its good to see a challenge in the cryptocurrency industry. I won't be surprise if BNB becomes the next bitcoin looking at the recent innovative ideas and solutions its bringing up to solve challenges. However, I do still believe no coin can challenge bitcoin.
In my opinion at the moment there will not be any coin that can compete with Bitcoin because this coin is the king of all altcoins so BNB is only a child when compared to Bitcoin. There have been many comparisons but the result is that Bitcoin is still the winner because when people mention this market, people usually only mention Bitcoin.

Maybe in the near future there will be many altcoins that can compete with Bitcoin and I am waiting for that to happen because if Bitcoin loses the number 1 position, this market will move to a new phase.
sr. member
Activity: 1190
Merit: 306
November 02, 2019, 07:03:11 PM
I had to check the chart on bnb, because I hadn't looked at it before, ever.  Now I see why there have been all these threads about it this year, because clearly 2019 has been one of its best. 

When I was able to use binance, before they put my state on their banned list, I owned some.  Not much at all, and I never kept it...now I'm regretting that a little.  I don't think it's ever going to become the next bitcoin or even the next Eth, but I can't argue that it looks like it's got some potential there.  I'm not certain as to the 'why' of that, but traders appear to love it.
sr. member
Activity: 1372
Merit: 275
November 02, 2019, 06:49:46 PM
I think it could have been BNB coin would be the next Bitcoin. For one reason is BNB coin has agreed to burn 20% profit every 4 months, So the supply will be reduced and the purchase volume is getting higher for BNB, Hopefully BNB to be the next Bitcoin in the future.
BNB is just altcoin whose hype is so big this year due to IEO. does not mean purely a development. if altcoin is included in a trend then when the trend ends the risk is quite large. there will be a huge price reduction. we take for example ethereum when it was at the peak and when ethereum is now experiencing a decline in popularity
member
Activity: 364
Merit: 10
November 02, 2019, 02:40:14 PM
This is exciting. Its good to see a challenge in the cryptocurrency industry. I won't be surprise if BNB becomes the next bitcoin looking at the recent innovative ideas and solutions its bringing up to solve challenges. However, I do still believe no coin can challenge bitcoin.
full member
Activity: 784
Merit: 101
October 24, 2019, 09:19:33 AM
No the idea behind BNB is pretty diffrent. BNB is creating own ecosystem based on the exchange of individual coins rather than on international payments. Thanks to pegged tokens they can put also "Bitcoin" on their blockchain.
hero member
Activity: 3052
Merit: 606
October 24, 2019, 09:08:49 AM
Nobody can replace Bitcoins at this time. If you want to replace something that already exists. He should have been better and more perfect than before.
Bitcoin is now still a crypto king. BNB also now suffered a very bad decline and caused harm to investors. BNB also climbed when their project was used to buy IEO. BNB Price now only $16
Yes, i agree with you after the IEO trend on the exchange has declined, and the price of BNB has declined, and now we can' t foresee the future of BNB.
The IEO is still ongoing, the reason by BNB has declined is because of BTC's poor performance.
We can't judge that IEO has decline due to BNB's drop of price because there are still a lot of exchanges that are facilitating an IEO.

Actually this is just normal to the market, at this stage where BTC has slowly losing value, investors are also wary of investing as they might think btc will drop further and their investments in IEO will be affected.

maybe they can just cooling off, but as soon as they see that market starts to recover again, they will start to be investing aggressively again.
newbie
Activity: 12
Merit: 0
October 24, 2019, 08:05:44 AM
Nobody can replace Bitcoins at this time. If you want to replace something that already exists. He should have been better and more perfect than before.
Bitcoin is now still a crypto king. BNB also now suffered a very bad decline and caused harm to investors. BNB also climbed when their project was used to buy IEO. BNB Price now only $16
Yes, i agree with you after the IEO trend on the exchange has declined, and the price of BNB has declined, and now we can' t foresee the future of BNB.
sr. member
Activity: 700
Merit: 250
October 24, 2019, 07:58:55 AM
Nobody can replace Bitcoins at this time. If you want to replace something that already exists. He should have been better and more perfect than before.
Bitcoin is now still a crypto king. BNB also now suffered a very bad decline and caused harm to investors. BNB also climbed when their project was used to buy IEO. BNB Price now only $16
Bitcoin is the always king of crypto market so it will maintain a top region and Ethereum is the next position because of huge marketcap. But why you compared prices because demand and circulation is prove the potential of cryptocurrency. I hope BNB will going to moon on further days and it trying to reach 4th position soon.
sr. member
Activity: 1204
Merit: 253
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October 24, 2019, 05:56:40 AM
Nobody can replace Bitcoins at this time. If you want to replace something that already exists. He should have been better and more perfect than before.
Bitcoin is now still a crypto king. BNB also now suffered a very bad decline and caused harm to investors. BNB also climbed when their project was used to buy IEO. BNB Price now only $16
hero member
Activity: 1862
Merit: 601
The Martian Child
October 23, 2019, 11:38:11 AM
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?
In my own opinion, no because BNB or Binance Coin has a huge difference from bitcoin when it comes to it's price and popularity, that is why bitcoin will still remain dominant or the number one cryptocurrency in the market. But i believe that BNB has a potential to have a good value in the near future that it could catch up to other coins value like Ethereum.

BNB should be in our list too, as this has been have a real use case just like Ethereum, and CZ is one of the best FOMO people that  I've known, some noticed that once he is twitting great news, the price of BNB is also climbing, and we all know that he always wanted to be on top, so for sure, he is aiming BNB to be at number one, so keep an eye on it.

If a coin tripled its value this year then it means it was undervalued last year that prompted its increase of value. But that doesn't meant it is the new bitcoin. Remember that if bitcoin closes at $12,000 this year which is still possible then it also tripled its value this year.

BNB potential is very high. And Binance is the main reason why its token is that valuable. The aggressive plan for BNB by CZ makes it even more valuable. Today BNB from being just a discount token at Binance exchange can be used for shopping, buying gift cards and for travels. And we better expect for more BNB use-case in the years to come.   
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