Is BNB the Next Bitcoin? - page 4. | Bitcointalksearch.org

tambok

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Quote from: Colt81 on October 23, 2019, 10:54:49 AM

Quote from: Cjblog on April 25, 2019, 04:19:51 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?

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.

Colt81

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Quote from: Cjblog on April 25, 2019, 04:19:51 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?

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.

kolonel_x

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Quote from: ?? on ??

I will not say that BNB will be the next bitcoin in the near future, but you need to see in advance how the development of bitcoin so far, you can see how great bitcoin from the beginning until now is still strong and always dominates the cryptoqurrency market, so I don't think that BNB is the next bitcoin, I believe bitcoin will always dominate the cryptoqurrency market in the future.

BNB will continue to be a popular coin, considering the continued development of its Binance Platform I think will continue to want, currently BNB is in position 7 in Coinmarketcap, so it's likely to continue to increase the number of its market capitalists, so I'm not surprised BNB will be the target of investors.

Savemore

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Quote from: nasipadang on October 22, 2019, 09:39:01 PM

Quote from: Cjblog on April 25, 2019, 04:19:51 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?

Now domination is still in the bitcoin market, I agree with BNB's coin growth, but BNB is still BNB. bitcoin remains irreplaceable, even if bad growth or value falls and binance coins are still alternative coins. BNB who developed blockchain technology with their concept cannot become bitcoin, if comparing markets is not easy because the market moves irregularly.

The dominance of the bitcoin is so high, it is impossible to take over the bitcoin by altcoins. BNB is a good token but it cannot surpasses the bitcoin. Bitcoin is still have the highest demand in the market and it is the reason why its price is now so high.

arifteguhr

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No, all altcoins are very different from the bitcoins that first appeared until now in first order, why do you think the BNB will turn into a new bitcoin while the BNB altcoin which is shining again this year will not necessarily last as bitcoin today, digital assets the future is only one, namely bitcoin which is already trusted in the cryptocurrency space

In the past when the ethereum trend was so great there was a lot of speculation about replacing bitcoin and this year the case was almost the same as many people returning to discuss but with a different topic, namely bnb. I agree that no matter how good altcoin is its development cannot replace bitcoin, which is now widely believed by many people

randegibran

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Quote from: Cjblog on April 25, 2019, 04:19:51 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 coin is created by Binance owner and have many offer when listing on Binance, every month BNB coin always burn by the owner and look serious how to make BNB become most profitable altcoin at the future, I think BNB will be under bitcoin position in exchange market for next year and BNB have higher price.

ongkok87

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No, all altcoins are very different from the bitcoins that first appeared until now in first order, why do you think the BNB will turn into a new bitcoin while the BNB altcoin which is shining again this year will not necessarily last as bitcoin today, digital assets the future is only one, namely bitcoin which is already trusted in the cryptocurrency space

Sometimes people really overestimate something, including BNB. if now we see BNB itself is actually also not so good let alone beating bitcoin. they experienced an increase in price due to the IEO that was done requiring HOLD bnb so that the price experienced an increase

EdvinZ

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BNB will never be able to take the place of Bitcoin for objective reasons. However, Binance Coin is the “Bitcoin” among all exchange tokens, this title belongs to it by right. The coin showed the fastest growth this year. Many exchanges are happy to add BNB to their coin listing. I think that BNB will continue to hold the leading position among all exchange tokens for a long time.

Fredomago

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Quote from: gunhell16 on October 22, 2019, 07:53:24 PM

It is very far from becoming Bitcoin! but I will tell that Binance coin is the next coin of investment like what Ethereum had before in ICO.
I am expecting and looking forward that Binance is the center of all exchanges in having an IEO platform! and that is the place for BNB to move!

Ideally it's a good investment assets in terms of long hold prospect, BNB is still showing good dominance with IEO's launchpad. Same with what you'have said, this feature that being held inside binance is making this project a good candidate for long term success.

Bitcoin in the other-hands, still dominating inside crypto sphere, it's a long term process before any alts will be able if in any chance to achieved.

TRONTON

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BNB's utility has a good impact on trust, this basis which makes it big in a short amount of time. The effect of their exchanges and launchpad also has a positive effect, but BNB can only be compared with ethereum at this time.

I imagine if binance is problematic, then this coin will also be greatly affected. interconnected systems also become its own constraints, in contrast to bitcoin which is fully independent.

rmhuntley

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Quote from: Kambal2000 on October 23, 2019, 01:10:05 AM

Although BNB is a good coin too as Binance is using it and they are doing things to make BNB have a real use case in different aspect, still I doubt that BNB will be the next Bitcoin. Still Bitcoin will be the king in few years, but let us see how well BNB will do in a market. But, don't forget that market is purely manipulative, so be careful in it.

Between bitcoin and BNB in my opinion both have advantages and disadvantages of each. Starting from the features, usability, transaction costs, network speed and market demand. But now bitcoin has begun to be adopted as one of the payment systems whose networks have spread outside to various countries. The community is also very strong and in my opinion this is another advantage of bitcoin.
Are prices and trading volumes worth comparing ?

Quote

Still Bitcoin will be the king in few years,

I think it will remain valid for a long time.

Kambal2000

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Quote from: nasipadang on October 22, 2019, 09:39:01 PM

Quote from: Cjblog on April 25, 2019, 04:19:51 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?

Now domination is still in the bitcoin market, I agree with BNB's coin growth, but BNB is still BNB. bitcoin remains irreplaceable, even if bad growth or value falls and binance coins are still alternative coins. BNB who developed blockchain technology with their concept cannot become bitcoin, if comparing markets is not easy because the market moves irregularly.

Although BNB is a good coin too as Binance is using it and they are doing things to make BNB have a real use case in different aspect, still I doubt that BNB will be the next Bitcoin. Still Bitcoin will be the king in few years, but let us see how well BNB will do in a market. But, don't forget that market is purely manipulative, so be careful in it.

nasipadang

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Quote from: Cjblog on April 25, 2019, 04:19:51 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?

Now domination is still in the bitcoin market, I agree with BNB's coin growth, but BNB is still BNB. bitcoin remains irreplaceable, even if bad growth or value falls and binance coins are still alternative coins. BNB who developed blockchain technology with their concept cannot become bitcoin, if comparing markets is not easy because the market moves irregularly.

zeze18

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Quote from: ?? on ??

No, all altcoins are very different from the bitcoins that first appeared until now in first order, why do you think the BNB will turn into a new bitcoin while the BNB altcoin which is shining again this year will not necessarily last as bitcoin today, digital assets the future is only one, namely bitcoin which is already trusted in the cryptocurrency space

But it does not rule out the possibility for any altcoins maybe in 10-20 years they will replace bitcoin because of the demand and everyone needs it for many usability.
Maybe right now bitcoin is the famous one, but i'm sure if another alts have better features and quality, it will surpass bitcoin slowly

gunhell16

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It is very far from becoming Bitcoin! but I will tell that Binance coin is the next coin of investment like what Ethereum had before in ICO.
I am expecting and looking forward that Binance is the center of all exchanges in having an IEO platform! and that is the place for BNB to move!

pgbit

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It seems what price drives every comparison right now and not technology, when I saw the topic of this thread, I was wondering why BNB would be compared be compared as the next bitcoin, like is BNB the next blockchain that would be able to handle only 7 transactions per second? Anyways even in price and market position, it's not po edible for BNB to overtake Bitcoin.

Vishnu.Reang

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Quote from: GrayFullbuster on October 20, 2019, 11:57:38 AM

BNB is a coin that can survive in the current market challenges, but it is impossible to surpass the bitcoin in most of the terms like popularity. People will keep patronizing bitcoin than altcoins.

I don't understand the hype surrounding exchange coins such as the BNB, Huobi Token and KuCoin Shares (KCS). These are just exchange tokens which can be used only on these specific platforms. And if something happens to these exchanges (similar to what happened with Cryptopia), then these coins/tokens will get completely worthless.

GrayFullbuster

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Quote from: pakdemaco11 on October 20, 2019, 11:20:50 AM

I admit that BNB is a very potential coin, they have a very good team and product. BNB coin is an ecosystem of the bianance exchanger. But I think bnb is still altcoin which is impossible to overtake bitcoin.

BNB is a coin that can survive in the current market challenges, but it is impossible to surpass the bitcoin in most of the terms like popularity. People will keep patronizing bitcoin than altcoins.

pakdemaco11

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I admit that BNB is a very potential coin, they have a very good team and product. BNB coin is an ecosystem of the bianance exchanger. But I think bnb is still altcoin which is impossible to overtake bitcoin.

skarais

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BNB is altcoin which is quite popular now. Many traders choose BNB as a long-term investment asset. Besides ETH, I like BNB as an investment asset, and in my opinion BNB is the right altcoin to be able to generate profits.
But to replace bitcoin seems impossible for now and for a long time. As a competitor, BNB looks quite good with its daily trading volume.

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