What happens to BNB after 5 years? - page 4.

Jating

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Quote from: NikS13 on February 14, 2020, 05:59:41 AM

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

5 years is a long time, maybe the price will fall, or it will enjoy the support of crypto enthusiast. I don't understand though what do you mean by discount? As far as I know, they have this sort of quarterly burning of it's token, so that alone might push the price in the future, but still we can't really tell at this point.

Currently, it's worth ~$40 million, so that's a lot of money already, so if in the next 5 years, Binance remain on top of the crypto exchange competition, maybe just maybe it will grow.

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Quote from: NikS13 on February 14, 2020, 05:59:41 AM

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

it depends on how useful the BNB is. if in the next 5 years, binance is still popular and is still the number 1 exchanger, I think the development of BNB will also get better. I quite believe that BNB will be more victorious, and have prices that are almost the same as ethereum in the future, moreover, binance has its own dex.

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Quote from: rdewilde on February 17, 2020, 08:07:58 AM

Quote from: NikS13 on February 14, 2020, 05:59:41 AM

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Actually no one can predict tomorrow rather we can only take adequate steps to ensure our tomorrow is secured which is the reason why most people invest in different businesses etc. Now talking about BNB, let's go its platform that is the exchange; the exchange is growing rapidly with many features and services being adopted every now and then. The fact is, the CE2O is looking for ways to make Binance exchange the best of best; he has added support for more fiat and many more. So taking a look at Binance exchange does it look like it's going down anytime soon? I don't think so, now since there is still more rooms for growth that is to say, BNB will continue to be valuable.

I agree no one can predict what might possible happen because even the real life we are also not sure what might happen. Thats why we have prediction which can give as information about possible might happen. So I think securing our future is a good step for having a good living. Same as in BNB if this coin is one of the worth coin then possible it will remain after 5 years and continue growing.

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I am expecting x10 at least, the price now is 20$ so probably we will see it grow at $200 that time, but actually I am expecting more because if other coins could grow x100 or more, I have no doubt about the capacity of BNB consider it has a big community that supported this project.

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Quote from: NikS13 on February 14, 2020, 05:59:41 AM

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Actually no one can predict tomorrow rather we can only take adequate steps to ensure our tomorrow is secured which is the reason why most people invest in different businesses etc. Now talking about BNB, let's go its platform that is the exchange; the exchange is growing rapidly with many features and services being adopted every now and then. The fact is, the CEO is looking for ways to make Binance exchange the best of best; he has added support for more fiat and many more. So taking a look at Binance exchange does it look like it's going down anytime soon? I don't think so, now since there is still more rooms for growth that is to say, BNB will continue to be valuable.

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All coin that release by exchanges it self ( private ) is to support promotion, liquidity and money circulation on the exchanges. I believe exchanges manipulate that coin ( BNB ) but is really for exchanges purposes to stay alive and survive. We don't have answer for your question because if Binance can push coin performance there's possibility it will pass other popular coin.

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Which discounts you are talking about.? The discount on fees when using BNB on the platform..? I dont think Binance will ever stop that. They know that there are lots of traders who are supporting Binance because of this and its a great use case for BNB.

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It's hard to say what will happen after 5 years with cryptocurrency in general, and what will happen with bnb is even more difficult to say, but I think bnb will always be a popular cryptocurrency since bnb developers are very actively moving forward to new discoveries, which increases the value of bnb.

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Quote from: NikS13 on February 14, 2020, 05:59:41 AM

then you get no discount anymore?

Who stated that in the future will be no discount using BNB coin? I am sure that using BNB always gets a discount even it is in the future. This is one of the reasons why people get interested in BNB and using it for various transactions. If Binance CEO decides to make no discounts for using BNB coin, then it will decrease the interest from investors much.

Quote from: NikS13 on February 14, 2020, 05:59:41 AM

what is the purpose of BNB anymore?

I think the purpose of holding BNB coin is not only about discounts for using it on Binance exchange. Nowadays, BNB coin is one of the favorite coins for investment/trading. It shows great improvement in its value. And it has been proven to bring many profits for many investors. In addition, it also can be used for a certain purpose for Binance exchange community.

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Quote from: freedomgo on February 17, 2020, 06:23:47 AM

The first question I would ask to myself is, What would happen to bitcoin in 5 years? if my answer is the price will increase then that would be the same thing that would happen to BNB, why? Simply because bitcoin dominates the market and legit altcoins just follow.

when bitcoin price increase ofcourse market capitalization increase alot , and daily trading volume growth sharply.when it happen , binance as major cryptocurrency exchanges will take advantages from this condition. earn more profit from trading activity will coming , and they could developt more feature that will make investors confidence to buy their coin. i am sure bitcoin and binance will growth together after 5 years.

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The first question I would ask to myself is, What would happen to bitcoin in 5 years? if my answer is the price will increase then that would be the same thing that would happen to BNB, why? Simply because bitcoin dominates the market and legit altcoins just follow.

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After 5 years, you don't expect that bnb will go and die a natural death. Remember it has a very active team, they are most likely going to utilize it in another purpose. I think bnb is barely two year and there is more time to work.

BNB team is always developing something new and all of the products are active until this time and there was no reason a big company like binance with a lot of working product will be death easily like what those people said. this coin will exist forever. The big company will have more resources to be alive.

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If you believe in the project, you'll always think positive and for me, I believe BNB will be a success, maybe 5 years from now we will see it at a price of $1,000 per BNB, and I know it's not impossible as ETH had achieve that price from below $1 ICO price if I am not mistaken.

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Now it is impossible to predict what will happen to this coin in 5 years, but I think that in the next 2-3 years everything will be fine. after 5 years, its fate will depend on the state of the market and how much competition will be among centralized exchanges.

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Quote from: NikS13 on February 14, 2020, 05:59:41 AM

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

No one can tell yet on what happen to BNB in 5 years from now.
Ill think all we need is to wait on what happen, Have on fate for BNB because we all know BNB is one of the big market in crypto.
Must better to buy more BNB in this time cause of these bitcoin started to grow up the price and reach of $10,000.

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bitcoin year by year will be coin that has good developtment and growth in cryptocurrency market. as reputable exchanges now, binance able provide many services that needed for crypto traders and investors. this is be main benefit for cryptocurrency ecosystem. binance could used not only on its ecosystem only, but it could used in wide ecosystem. when cryptocurrency capitalization growth or even hit new record, maybe this coins will be the one that create new all time high. at this moment they provide trading margin services, and its very effective to add their customer and attract new crypto investors.

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Quote from: NikS13 on February 14, 2020, 05:59:41 AM

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

If I knew what would happen to BNB coins, going forward and so on in terms of potentially profitable, I swear, would invest and spend all my salary to buy BNB.

But that's the obstacle every human being will never know what is done by someone, what is planned.
Except: people, closest friends and co-workers.
Actually this question that knows more is DEV BNB / Binance.

A glance.
What I know for now is BNB Listing on CoinEx.

Binance Coin BNB: Listing on CoinEx

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Quote from: NikS13 on February 14, 2020, 05:59:41 AM

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Why not due to supply reduction? Bnb will served its purposed over the long time and 5years isnt a basis of time to see this improve maybe during this time its already worth triple than current price now. It is not about discount. If you hold binance coin, you would know aside from it what benefit you can gather or received from them. Airdrops, ieo, and many stuff can be get from holding it so I guess even 10years from now binance will be alive and kicking.

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One of the interesting things about BNB is getting discount for a fee in Binance, as BNB is the coin of that exchange. However, how is about no discount again? WIll this coin be still interesting and promising in 5 years later? The answer depends on the token holder, investor, and also all people interests in this coin. BNB is a coin created by a big exchange. I am pretty sure that this coin will stay survive in the market although it is no discount again. This is not only about the use but also about the value of the BNB. It can reach a better price and stay survive in the market because of the value. I think that there ill be no big issues or problems with this coin in the next 5 years.

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Quote from: NikS13 on February 14, 2020, 05:59:41 AM

What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

And why you think BNB running their project because of just discount. BNB is top popular and trust worthy altcoin since it's arrived in crypto world. They have extremely active team management whom very much expert on crypto currency project. They always bring some cool thing every time to more popular BNB.

Many investor like BNB more than XRP. Even many crypto expert think that this exchange coin will be the next Ethereum. Most of the project which created in BNB chain is successful. The way BNB running, there is no doubt that after 5 years this coin will be much popular and much use able than now.

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