Topic: Is BNB the Next Bitcoin? - page 8. (Read 23460 times)
BNB can be the next bitcoin in the future. I believe so. However, if it really wants to be a replica of bitcoin, then it needs to work harder in terms of management and have determination to reach that goal. Binance has more room to grow.
BNB is most definitely not the next BTC. BNB is an exchange token, so if Binance disappeared, then so would BNB. Being a very young industry, the cryptosphere has a lot of room to grow and so does BNB, but it will never be anywhere near as popular as BTC.
It won't happen, no altcoins can replace Bitcoin especially now that it is very popular all over the world. Bitcoin will forever on top, you can't control the value of Bitcoin and you can't stop it's popularity that's the biggest asset of Bitcoin.
By no means, it's not the new bitcoin. BNB relays on one product which is binance exchange and its ecosystem, that ecosystem has limit unlike bitcoin that was created to play big role in the global economy. In term of price, binance can impact the price in many ways , so you shouldn't trust its value that much as one negative new can make the price crash heavily and goes to zero if something wrong happens to the binance exchange. I personally make very nice profit from trading BNB, however I'll be always careful and not go crazy about it because it remains a risky coin for me as long term investment ( above one year ). Having that said, at current time, Binance is a good exchange and BNB is a good coin to invest if get it for cheap price.
Not only BNB, there is no altcoin can replace Bitcoin. I'm tired of saying that now. Bitcoin is a value. BNB is a company share certificate, distributes dividends. Can you compare gold with apple share certificate?
No. Nothing is next Bitcoin, Bitcoin is and will always be Bitcoin it won't have anything like it. First such has to be a store of value not some utility tokens out there.
I don't know about the future of BNB, but I see altcoin BNB has good potential for investment. they have their own exchanges and many large communities support it too. but that doesn't happen when compared to bitcoin, I think bitcoin cannot be replaced by any altcoin including BNB.
Well, it is clear that BNB has no chance to replace bitcoin.But what will happen to the price of the coin if IEO ever stop.After all, it will happen someday! 
Bnb is a really nice coin and maybe it can have a bright future, but if we say the next bitcoin, we're too ambitious. No coin in the market can replace bitcoin. at least not in the long term. If every rising coin would replace bitcoin, there would be hundreds of new bitcoins by now. This is a very unnecessary discussion
Although bnb often experiences bullish in price but to rival bitcoin I think it's impossible thing , even though the performance of bnb coin is unique, because the unlike other cryptocurrency which is mostly just speculative the request is based on solid business logic, but apart from that bnb coin is a coin that has a pretty good potential that can be invested by anyone who is in the cryptocurrency market because it often has the potential to increase prices compared to other altcoins so that most likely we can get a large profit. moreover, we know binance is the biggest exchange that exists today so that at least this affects the altcoin movement.
BNB has a great potential of course. Since it's the coin of world most powerful exchange which is Binance. But I don't think BNB can challenge with Bitcoin or Ethereum, actually, no one can challenge with Bitcoin for both long-term both short-term. Besides, I don't think BNB will be the best altcoin. Because Ethereum has different use cases already, especially on dApps.
Other reason other exchanges do not want to add BNB to their exchanges of course. Some exchanges like Bitmax already added but I don't think big exchanges like Kraken, Coinbase etc will add the BNB to their listing. That's the why BNB will not reach the higher volume as Ethereum or Bitcoin.
Other reason other exchanges do not want to add BNB to their exchanges of course. Some exchanges like Bitmax already added but I don't think big exchanges like Kraken, Coinbase etc will add the BNB to their listing. That's the why BNB will not reach the higher volume as Ethereum or Bitcoin.
BNB was over 30 dollars and now back to 15 dollars which is about half price. It is impossible to say that it will be new Bitcoin, however it will grow strong in the upcoming years with the rise of market itself. Binance will be effected the most from this increase. I am sure Binance Coin will reach up to 100 dollars in 1 year the most.
Only if Binance as the exchange that's responsible for BNB will perform good at that span of 1 year time. A coin that's tied to the performance usually couldn't hold longer like this BNB that's why in my opinion this kind of coin is only for short time investment or only buying it if I need the functionality for example just to join the IEO otherwise I won't put my money there for too long.The growth of the price also not always linear, it could go up to $100 but huge chance it will just stick with the current price for the few upcoming years due to the competition between exchanges may become stricter and even tougher.
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?
I don't understand what you mean by "New Bitcoin", BNB is still Altcoin not Bitcoin. Nobody can rival Bitcoin. Indeed, we recognize this Binance coin so many people are interested in it, so their volume on the Exchange is also very good, but Bitcoin will remain be the parent of Cryptocurrency. So I do not agree BNB said as "New Bitcoin".BNB was over 30 dollars and now back to 15 dollars which is about half price. It is impossible to say that it will be new Bitcoin, however it will grow strong in the upcoming years with the rise of market itself. Binance will be effected the most from this increase. I am sure Binance Coin will reach up to 100 dollars in 1 year the most.
BNB in its original sense was not conceived as a coin for everyday use, it is more an indicator of the stability and popularity of Binance itself. Soon crypto communitywill be possible to observe a battle between the service coins of different exchanges. In the end some of coins may really take the highest places in the rating table and their price and capitalization will to tell an investor what platform to use for trading.
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?
I don't understand what you mean by "New Bitcoin", BNB is still Altcoin not Bitcoin. Nobody can rival Bitcoin. Indeed, we recognize this Binance coin so many people are interested in it, so their volume on the Exchange is also very good, but Bitcoin will remain be the parent of Cryptocurrency. So I do not agree BNB said as "New Bitcoin". I don't think that Bnb gonna be the next bitcoin. But bnb is a very good coin at this moment which have very much potential in future. But isbhard for any coin to replace bitcoin at this moment or even in future.
If they constantly cut the general circulation of the token, then in the future we can observe the price of bnb even more than bitcoin.
BNB was over 30 dollars and now back to 15 dollars which is about half price. It is impossible to say that it will be new Bitcoin, however it will grow strong in the upcoming years with the rise of market itself. Binance will be effected the most from this increase. I am sure Binance Coin will reach up to 100 dollars in 1 year the most.
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?
no doubt the increase in BNB is very fast, but it is still too early for BNB to penetrate as the next bitcoin. the potential of the bnb is quite convincing from my point of view and the surge is so terrible.
I dont know what is happening to BNB of late because at the beginning of the year, it was not being affected by the ups and downs of BTC. It was moving along it's own pace. But recently, its price has also been moving hand in hand with the general market trend
I don't know about the future of BNB, but I see altcoin BNB has good potential for investment. they have their own exchanges and many large communities support it too. but that doesn't happen when compared to bitcoin, I think bitcoin cannot be replaced by any altcoin including BNB.
Exchanges will always be needed. In this regard, Binance feels very good. It is a durable product. But various incidents with this coin became frequent and it began to depreciate. With bitcoin this coin can not be compared because of its very weak security but it is a good investment as bitcoin.
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