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Topic: the fight between Binance and Cardano - page 2. (Read 547 times)

member
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August 17, 2021, 08:03:42 AM
#51
For me the comparison does not even exist and also the vote results shows the same as 100% votes have gone to BNB. And during the market dips if I have limited capital and can only invest in single coin I will always choose BNB over Cardano if have to make choice between the two of them.
hero member
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August 17, 2021, 07:35:06 AM
#50
We can not deny that right now, Cardano is taking the BNB position and still getting stronger. But if Cardano price wants to fight against BNB price, that will need some time before the Cardano's price can go up higher and that is not easy as BNB has already become the third favorite for the investors. But if Cardano can still manage the project can reach the other phase of the project, it could be possible the price can jump a lot and it could be close to BNB in the future. The future is still a mystery and everything can be possible to happen.

I honestly hope that BnB will continue to be in the third position of coinmarketcap compared to cardano, because in my opinion, BnB is an asset that is still the best performing crypto asset throughout the year, besides that BnB also has a strong use and  value, so it can sustain price movements, and this is not present in cardano at all, but even so cardano is also a good altcoin with a market dominance of 3.41%,
But to replace BnB position in third place coinmarketcap seems to be very difficult to happen because of many factors that influence it.
Many people want the same thing as you, but that is what happens to the market and it is normal to see the crypto market change from time to time. Maybe people want to search the other potential coins besides ethereum and BNB and they see that Cardano has that potential, so they are interested in the project and invest in Cardano.

But BNB still has the best performing crypto besides ethereum and it is only a matter of time before BNB can replace the number two position and beat Cardano position. But for now, it is better to use this time to profit from Cardano while we can try to hold BNB.
hero member
Activity: 2548
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August 17, 2021, 04:03:48 AM
#49
BNB is indeed like a gem that will always shine in the cryptocurrency space. BNB will always go hand in hand with Ethereum as well as with Cardano. Of course BNB, Cardona and Ethereum will always be under the king (BTC) and they will always be the choice of every investor.
Caradno is a coin with a new breakthrough so that it can put itself together with BNB and Ethereum, and this proves that Cardano never messes around in developing things that they think can be very important to users, this is what is called a coin with potential and will always live.
hero member
Activity: 2800
Merit: 595
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August 17, 2021, 03:51:15 AM
#48
Me too i prefer BNB/binance rather than ADA/cardano cause they have already established a strong position in crypto world
Now the market capitalization of BNB coming close to ADA and I don't think BNB can be said to have established a strong position in the market.

The growth of cardano is so fast in term of market capitalization that maybe it can replace BNB in just few weeks but maybe BNB will not just doing nothing when ADA has come really close. But if ADA suddenly have price drop then BNB will still stay on its current position.


It's a close battle between the two but it could just be in the 3rd position that they are fighting over. Both have a lot to do if they wanted to be the 2nd. What matters for the holders I believe is for Cardano to be adopted since there are contracts made from countries in Africa that were told by Charles. There is a chance for Cardano to be widely adopted since more people knew cryptocurrency today and even the big influencers are spreading the word about it.
hero member
Activity: 2702
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August 17, 2021, 03:39:13 AM
#47
Me too i prefer BNB/binance rather than ADA/cardano cause they have already established a strong position in crypto world
Now the market capitalization of BNB coming close to ADA and I don't think BNB can be said to have established a strong position in the market.

The growth of cardano is so fast in term of market capitalization that maybe it can replace BNB in just few weeks but maybe BNB will not just doing nothing when ADA has come really close. But if ADA suddenly have price drop then BNB will still stay on its current position.
hero member
Activity: 1540
Merit: 772
August 16, 2021, 10:42:53 PM
#46
Between Cardano and Binance who deserves to be in the third position on coinmarketcap, of course Binance is more worthy to occupy the third position. Binance Coin is currently a gem in cryptocurrency. Binance fulfills everything that many people desire.

We can't argue on that current scenario of binance, because it became the most reliable currency which everyone was currently sighting now. If this coin bnb was the gem for cryptocurrency future, then it's not impossible to be one of the top ranking coins which is now available in the market. Cardano was also a good coin, but they're totally different from bnb's milestone.

BNB is indeed like a gem that will always shine in the cryptocurrency space. BNB will always go hand in hand with Ethereum as well as with Cardano. Of course BNB, Cardona and Ethereum will always be under the king (BTC) and they will always be the choice of every investor.
full member
Activity: 680
Merit: 103
August 16, 2021, 05:10:22 PM
#45
let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?
Me too i prefer BNB/binance rather than ADA/cardano cause they have already established a strong position in crypto world as the biggest crypto exchange in the world, i did not mean to say that cardano is low crypto, cardano is a good coin to invest but for me bnb is much better.
legendary
Activity: 2352
Merit: 1101
August 16, 2021, 02:36:08 PM
#44
As for BNB and Cardano, you are right that it is not about the amount of coins the project has created. However, you are wrong, because it is not about "trading volume" but about the market cap, i.e. the value of the entire project = the value of all coins, not the amount of all coins.
And you are right, because as individuals we can't do much. It will be whales who will determine who will be in 3rd position.
I feel like the hype around BSC is not really as high as it used to be few months ago, BNB is still wanted and used everywhere but it requires some amount of being used, whereas Cardano is a coin that is all by itself standing there, not like BNB where it requires other projects under its belt to succeed as well. Basically what pancakeswap did (and all the rush towards to other ones after that) caused BNB to end up being this high, and that is not something cardano has.

This means that it is both good and bad for cardano, where cardano could stand all its own that is great but bnb could increase with the help of so many that is great for them. Which is why I think there is a good amount of rivalry and both sides are actually quite deserving to be there. I believe BNB deserves a bit more, because it is so much bigger outside of being a coin as well, but I would understand ADA as well.
full member
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August 16, 2021, 02:18:11 PM
#43
let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?

You answered it all about Binance and that is why I believe it still deserves the third spot on coinmarketcap. Like we have seen in this space, a growing ecosystem is not just about price increase, it is much more and this involves the products and services that ecosystem offers, because the more users leverage on these products and services to achieve their aims or carry out a service, the more that ecosystem grows; this is simply the case with Binance. Binance team are always wise and fast to tap into any trend or anything the crypto space offers at a point in time, now this is NFT trend, they already have an NFT marketplace and so on, hence all these contributes to make it more valuable and worthy of that position.
ADA is also a good platform, but much have not been heard about products they are offering or about projects using their blockchain, but it's good they are working on their smart contracts and it might open up more ways for projects to come onboard, and only then can it stand a chance to challenge Binance on that third rank.
member
Activity: 458
Merit: 10
August 16, 2021, 01:49:44 PM
#42
Cardano has experienced a pretty good increase after cardano announced the release of their smart contract, many investors are hunting for cardano because they believe the price of cardano will increase. 
Binance is already popular and is ranked third on Coinmarketcap with a fairly large market cap at the moment,
But because of cardano who is currently ranked fourth, and continues to  trying to threaten binance position,  then binance must be careful.
Anything can happen, and Cardano can move Binance down from number three, and because of the cardano hype now I'm sure Cardano can move up to number three.
hero member
Activity: 1064
Merit: 638
August 16, 2021, 12:35:29 PM
#41
There is a huge difference between the two projects.

One such project is already in the market and nowadays almost every new project being built on their blockchain - binance smart chain

And the second one which is currently going to provide the convenience of Smart Contract - Cardano

so there is no comparison between bsc and cardano IMO.
sr. member
Activity: 2506
Merit: 368
August 16, 2021, 12:23:49 PM
#40
Why do we even have to ask this? It's clear that most people would choose binance over cardano because it's famous among them and they knew where it belong plus the hype of this coin is unstoppable since I look at the forum binance is being talked.

To be honest I'm quite surprised by the result of binance coin since I never thought this would pump because I thought this was just another part of the ICO hype just like in the past but it turns out, I was wrong. Now that BNB is being used in defi it's not unexpected to see the price of it going up and it seems following the market trend somehow.
legendary
Activity: 3150
Merit: 1148
August 16, 2021, 12:09:57 PM
#39
I'll vote for Binance because it's a stronger coin and more stable, Cardano just recently rise and create a new ATH, but we have to remember that during the big correction in 2018, Binance made a new ATH IIRC. So with that said, I'll go with a proven coin though it does not guarantee its future.
sr. member
Activity: 1372
Merit: 275
August 16, 2021, 11:32:00 AM
#38
We can not deny that right now, Cardano is taking the BNB position and still getting stronger. But if Cardano price wants to fight against BNB price, that will need some time before the Cardano's price can go up higher and that is not easy as BNB has already become the third favorite for the investors. But if Cardano can still manage the project can reach the other phase of the project, it could be possible the price can jump a lot and it could be close to BNB in the future. The future is still a mystery and everything can be possible to happen.

I honestly hope that BnB will continue to be in the third position of coinmarketcap compared to cardano, because in my opinion, BnB is an asset that is still the best performing crypto asset throughout the year, besides that BnB also has a strong use and  value, so it can sustain price movements, and this is not present in cardano at all, but even so cardano is also a good altcoin with a market dominance of 3.41%,
But to replace BnB position in third place coinmarketcap seems to be very difficult to happen because of many factors that influence it.
sr. member
Activity: 1554
Merit: 260
August 16, 2021, 10:37:27 AM
#37
let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?
Personally I also prefer BNB in the 3rd position but that's only limited to liking it, because if Cardano can occupy the 3rd position on coinmarketcap, we all can't do anything about it either, because it's about trading volume that increases every day, not about how many products a coin has issued.

As for BNB and Cardano, you are right that it is not about the amount of coins the project has created. However, you are wrong, because it is not about "trading volume" but about the market cap, i.e. the value of the entire project = the value of all coins, not the amount of all coins.
And you are right, because as individuals we can't do much. It will be whales who will determine who will be in 3rd position.
sr. member
Activity: 1988
Merit: 283
August 16, 2021, 10:25:25 AM
#36
let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?
you said it already, and that's a very obvious poin or should i say "enough reason" why cardano cannot take the rank of binance in the market. I mean no more words to explain, but for me in my view probably without binance exchange cardano now is ahead with binance, wherein as it's the useful crypto as well especially when it comes making transactions.. Just saying..
sr. member
Activity: 1554
Merit: 260
August 16, 2021, 08:49:13 AM
#35
The circulating supply of Cardano is 32,112,283,412 ADA and the circulating supply of Binance Coin is 168,137,036 BNB and hence it is easier for coins with larger circulation to be at the top of the list and what is there with the battle, these things changes with time and in the next 5 years if they could be in the top ten list, then we can talk about it.

I don't think the amount of coins is critical here. It is the market value of the entire project that is taken into account, i.e. the market cap. I think we have to wait till Cardano launches the smart contracts and then we will be able assesses their usefulness and it will be time to speak of pure competition between these projects. I agree that it will definitely take time, and if not 5 years, then at least 2 years for sure.
hero member
Activity: 2002
Merit: 535
August 16, 2021, 07:21:07 AM
#34
The circulating supply of Cardano is 32,112,283,412 ADA and the circulating supply of Binance Coin is 168,137,036 BNB and hence it is easier for coins with larger circulation to be at the top of the list and what is there with the battle, these things changes with time and in the next 5 years if they could be in the top ten list, then we can talk about it.
hero member
Activity: 2604
Merit: 816
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August 16, 2021, 06:57:58 AM
#33
We can not deny that right now, Cardano is taking the BNB position and still getting stronger. But if Cardano price wants to fight against BNB price, that will need some time before the Cardano's price can go up higher and that is not easy as BNB has already become the third favorite for the investors. But if Cardano can still manage the project can reach the other phase of the project, it could be possible the price can jump a lot and it could be close to BNB in the future. The future is still a mystery and everything can be possible to happen.
sr. member
Activity: 1554
Merit: 260
August 16, 2021, 05:34:14 AM
#32
let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?

For ordinary users, Binance is definitely a much better platform - just for the reasons you mentioned. Right now, Cardano has taken position 3 and outranked Binance because their platform appears to be more attractive to large investors and funds. In fact, everything will be clear when Cardano creates the smart contracts. Only then will we be able to assess whether their product is better and more innovative than the Binance platform.
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