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Topic: Is the future of Binance bright??? (Read 899 times)

jr. member
Activity: 98
Merit: 2
April 04, 2022, 01:52:46 PM
No since they are betting on self custody wallets
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full member
Activity: 1064
Merit: 100
Combo Network
April 04, 2022, 12:09:53 PM
Yes we are looking at it realistically as it is today.
What you say is true it is not easy to reach the price of $ 5000 in a short time.
To reach just $1000 it takes some know what else to get past the capacity of the bitcoin market space is really a shocking thing.
If it's about the price of Binance coin, then I personally would feel happier if Binance coin could be at a price of just $ 1000 in the not so long time than having to wait too long for a price of $ 5000 which may be super difficult for Binance coin to achieve even though Binance already has everything in the crypto space.
Don't worry, the price of BNB will fly high in the near future, as long as the Bitcoin price doesn't experience a dump.
Currently, many altcoins are recovering well, SFP, GXC, and SLP are the biggest gainers on Binance,
even though BNB has not experienced a high pump, but BNB has give the best to the holders,
I'm sure the next launchpad will make BNB fly to $600.
sr. member
Activity: 520
Merit: 250
KUWA.ai
April 04, 2022, 10:43:22 AM
Yes we are looking at it realistically as it is today.
What you say is true it is not easy to reach the price of $ 5000 in a short time.
To reach just $1000 it takes some know what else to get past the capacity of the bitcoin market space is really a shocking thing.
If it's about the price of Binance coin, then I personally would feel happier if Binance coin could be at a price of just $ 1000 in the not so long time than having to wait too long for a price of $ 5000 which may be super difficult for Binance coin to achieve even though Binance already has everything in the crypto space.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
April 04, 2022, 05:18:45 AM
I translated it and it says bottom hole. It's close to butt hole, is that what you mean? moving on, even if he shows his receipt that he truly supports bnb, that won't still make his wishes come true. Just because bnb works great as an alternative to eth, people then think that it is better than eth.

Yup this is what I mean, he and a few users have similar names I suspect they are even the same group of people using the same theme of body parts Smiley

Anyway, I meant to say he should show his receipts because the accounts like him all talk crap about crypto but they are just making thinks up.

BNB and every ETH challenger are just cheaper/faster than ETH. That literally is the only thing they understand!

There are way too many trolls on this forum for sure, I do not see the forum staff really caring about it neither, people shill scam projects around here and even those do not get deleted, so I doubt some trolls messages would, not that it should, but at least it should be downvoted. Reddit like system is 100% required here for sure.

There are a few of them using foul language as their names, just from another language. I reported once or twice but I guess it's not really a crime, so I guess I can't complain. But the quality of their post isn't great anyway usually. The staff do care, they do delete posts but I think account banning/deletion is something very difficult to justify.
hero member
Activity: 2828
Merit: 611
April 03, 2022, 02:22:38 PM
The author of the post you are commenting on, if you wish, you should put his name into Google and translate (Detect language). Then you might understand most of what he/she posts is probably just nonsense.

If he can even show one wallet he owns with 10 transactions buying BNB I take my words back but we all know these guys just talk without even actually knowing what they say.
I translated it and it says bottom hole. It's close to butt hole, is that what you mean? moving on, even if he shows his receipt that he truly supports bnb, that won't still make his wishes come true. Just because bnb works great as an alternative to eth, people then think that it is better than eth.

Will they disregard the existing users of eth? and if let say bnb beats eth, it will never beat btc because even the eth itself didn't also beat btc. All coins follow what btc is doing, that only means that they are just a servant of btc and btc is their king. No one can predict what will happen in the future so we can't say for now if binance future is bright.
legendary
Activity: 2968
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
April 03, 2022, 07:54:29 AM
The author of the post you are commenting on, if you wish, you should put his name into Google and translate (Detect language). Then you might understand most of what he/she posts is probably just nonsense.

If he can even show one wallet he owns with 10 transactions buying BNB I take my words back but we all know these guys just talk without even actually knowing what they say.
Never considered putting people's names into translate and reply accordingly Cheesy. Maybe I should start doing that because there are so many horrible thesis here that people keep on ignoring. Reality is that we shouldn't really be doing anything that is that hardcore just to reply to someone, we could take what they say as face value and reply like that.

There are way too many trolls on this forum for sure, I do not see the forum staff really caring about it neither, people shill scam projects around here and even those do not get deleted, so I doubt some trolls messages would, not that it should, but at least it should be downvoted. Reddit like system is 100% required here for sure.
member
Activity: 337
Merit: 10
www.cd3d.app
April 02, 2022, 05:51:08 AM
It's very easy calculation for BNB. There are over 165 millions BNB in circulation. With current price which is around $450 the market cap is $74 billion. Hence, if you're asking if BNB going to reach $5000 price then it's not going to happen anytime soon. There is simply no space at the moment to put such market cap. If BNB going to reach $5000 then its market cap exceed $825 billion which is about current market cap of Bitcoin. The answer is that simple. I think that $1000 in next 2 years is more realistic for BNB.

Yes we are looking at it realistically as it is today.
What you say is true it is not easy to reach the price of $ 5000 in a short time.
To reach just $1000 it takes some know what else to get past the capacity of the bitcoin market space is really a shocking thing.
hero member
Activity: 2492
Merit: 542
April 02, 2022, 04:42:34 AM
It's very easy calculation for BNB. There are over 165 millions BNB in circulation. With current price which is around $450 the market cap is $74 billion. Hence, if you're asking if BNB going to reach $5000 price then it's not going to happen anytime soon. There is simply no space at the moment to put such market cap. If BNB going to reach $5000 then its market cap exceed $825 billion which is about current market cap of Bitcoin. The answer is that simple. I think that $1000 in next 2 years is more realistic for BNB.
You are right but looks like you did not consider in your calculation the burning mechanism in bnb coin every quarter they are burning portion of its supply until its below 100m, In the near future if demands in BNB becomes higher than today a $5000 is not impossible to reach in BNB coin.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
April 02, 2022, 04:10:15 AM
I believe Binance will continue to grow and can beat ethereum in the near future, support from top exchanges makes me never hesitate to buy and make Binance a long-term investment target, even many analysts believe Binance has the opportunity to become the king of replacing bitcoin and I think that this is realistic.
I was laughing in my heart when I read this, which never even occurred to me that BNB will beat Ethereum and replace Bitcoin Cheesy
Have you contacted CZ in the past that you are so optimistic about saying this will never even happen in the crypto space because last year too many people speculated that BNB would beat Ethereum and replace Bitcoin, but that is not happening now and even BNB can still fall when Bitcoin is corrected Cheesy
Did you forget that mate ?

The author of the post you are commenting on, if you wish, you should put his name into Google and translate (Detect language). Then you might understand most of what he/she posts is probably just nonsense.

If he can even show one wallet he owns with 10 transactions buying BNB I take my words back but we all know these guys just talk without even actually knowing what they say.
jr. member
Activity: 63
Merit: 1
April 02, 2022, 03:17:19 AM
It's very easy calculation for BNB. There are over 165 millions BNB in circulation. With current price which is around $450 the market cap is $74 billion. Hence, if you're asking if BNB going to reach $5000 price then it's not going to happen anytime soon. There is simply no space at the moment to put such market cap. If BNB going to reach $5000 then its market cap exceed $825 billion which is about current market cap of Bitcoin. The answer is that simple. I think that $1000 in next 2 years is more realistic for BNB.
sr. member
Activity: 1246
Merit: 252
April 02, 2022, 03:05:29 AM
I believe Binance will continue to grow and can beat ethereum in the near future, support from top exchanges makes me never hesitate to buy and make Binance a long-term investment target, even many analysts believe Binance has the opportunity to become the king of replacing bitcoin and I think that this is realistic.
I was laughing in my heart when I read this, which never even occurred to me that BNB will beat Ethereum and replace Bitcoin Cheesy
Have you contacted CZ in the past that you are so optimistic about saying this will never even happen in the crypto space because last year too many people speculated that BNB would beat Ethereum and replace Bitcoin, but that is not happening now and even BNB can still fall when Bitcoin is corrected Cheesy
Did you forget that mate ?
member
Activity: 1204
Merit: 11
April 02, 2022, 02:41:09 AM
The whole ecosystem of binance exchange is very progressive which has leaved obviously positive impact on its native coin nevertheless it will be to early to expect $5000 price range of bnb it may only happen if binance exchange could able to face tough competitions and maintain its reputation and progress continesly to increase the numbers of utility and adoption of bnb so I think it's all going to be quite challenging so it may take long time.
sr. member
Activity: 1358
Merit: 253
April 01, 2022, 11:52:56 PM
I believe Binance will continue to grow and can beat ethereum in the near future, support from top exchanges makes me never hesitate to buy and make Binance a long-term investment target, even many analysts believe Binance has the opportunity to become the king of replacing bitcoin and I think that this is realistic.
sr. member
Activity: 2030
Merit: 323
April 01, 2022, 05:14:30 PM
Binance have remained the one exchange for the world and mass spread, C_Z is a business giant and i believe their team are working all hard to position its coin in a better place so there's all possible best that BNB to $1k is certain.
But there is a little problem which is; if BNB gets to $1k what will be the fate for gas fee, this was same issues with ETH as the kept increasing the gas fees increase as well so its applicable to BNB.
The level of business Binance is doing right now is more than almost any company in the world aside from maybe like 10-20 companies. This puts them CLEARLY at around top 25 of the whole companies in the world. The sad part is that we do not know exactly how much they make, because there are way more things to consider than just trading fee.

However, it is clear that they are doing big business right now and CZ probably never considered he would be able to do something like this before he started. Remember guys, Binance started with a simple ICO during the 2017 period and suddenly they went higher and higher and higher. They are definitely a grass roots type of company.
sr. member
Activity: 1246
Merit: 252
April 01, 2022, 03:21:46 AM
We must continue to increase knowledge because crypto itself also continues to develop,
with a lot of experience that we have it is a good capital,
for sure we need to improve everything both knowledge and skills and that is an important thing
That is obviously very important, but sometimes some people also don't realize that new moments like now where Bitcoin has started to correct again so that it can be very good for those who want to buy it again because based on knowledge and experience in the past, now Bitcoin will not be corrected for a very long time because the potential to be pumped again in the near future is also greater.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
April 01, 2022, 02:45:19 AM
Binance have remained the one exchange for the world and mass spread, C_Z is a business giant and i believe their team are working all hard to position its coin in a better place so there's all possible best that BNB to $1k is certain.
But there is a little problem which is; if BNB gets to $1k what will be the fate for gas fee, this was same issues with ETH as the kept increasing the gas fees increase as well so its applicable to BNB.
hero member
Activity: 2408
Merit: 584
March 31, 2022, 03:52:39 PM
Binance attracts serious attention as a stock market. A big platform that gets stronger with new projects. Alongside this, BNB and other major coins have formed some level of resistance. This resistance also gives altcoins the opportunity to pump.
What you wrote made me realize something. Binance is so huge, that it is basically a stock market broker like a bank. Like you call up your broker and tell him that you want to buy some apple shares, or berkshire hathaway shares and what not, here you could do that basically the same thing but instead of stocks, you do it with crypto.

The logic is the same thing, there is nothing different, both takes a cut from your investment purchases, but binance does that 100000x times bigger compared to any one big place. Certainly they could get into other stuff as well if they wanted to, what stops them from starting a stock market company as well, not directly related to binance, but owned by the same people basically.
member
Activity: 196
Merit: 34
March 31, 2022, 03:06:03 PM
I think it's very successful in Binance how they've risen to the number one position in the world and what I like about aircraft is that their COCs have always been the best for their products.  It's too much and I don't think it will ever decrease
As Binance transaction fee, it is very low. Do you mean the commission on trading or the commission on money transfers? As far as I know, there is a serious interruption in money transfer.
member
Activity: 196
Merit: 34
March 30, 2022, 12:49:59 PM
Binance attracts serious attention as a stock market. A big platform that gets stronger with new projects. Alongside this, BNB and other major coins have formed some level of resistance. This resistance also gives altcoins the opportunity to pump.
full member
Activity: 854
Merit: 100
The OGz Club
March 28, 2022, 04:34:26 AM
There is currently no negative situation for cryptos that I would be worried about for the future. We gain new information and experiences every day. It is very important to analyze and correctly understand this knowledge and experience.
Existing experience can be a science for now and it's true that the cryptocurrency situation is nothing to worry about because everything will definitely get better and everyone always needs new knowledge in order to survive in the crypto space in the longer term.
We must continue to increase knowledge because crypto itself also continues to develop,
with a lot of experience that we have it is a good capital,
for sure we need to improve everything both knowledge and skills and that is an important thing
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