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Topic: What happens to BNB after 5 years? (Read 546 times)

member
Activity: 686
Merit: 35
May 14, 2020, 09:56:34 AM
#89
Cz is a smart man and a business oriented type of person who is always looking for new ways to bring into the crypto space, bnb is no longer restricted to discount alone, remember without bnb you can't participate in the binance launchpad, that alone is a huge use case in my opinion, between cz will always create a utility for it to make the value increase.
full member
Activity: 1190
Merit: 117
May 14, 2020, 08:00:55 AM
#88
Many people are confused by questions about the future of BNB in 5 years. But I am very sure that BNB in the next 5 years will have far-reaching
prices more expensive than now. I have always observed the movement of BNB since 2018, and my guess is that BNB will continue to develop
pretty good. I am optimistic that in 5 years BNB can reach a price of $ 100.
hero member
Activity: 1834
Merit: 523
May 14, 2020, 07:46:51 AM
#87
I guess they jave more.purpose of the BNB for now it is good to buy and I think it will remain potential coin in next years.
After 5 years Binance coin is possible high value but Im still not sure the exact value of that coin but I believe to this coin since I started hold it.
sr. member
Activity: 1936
Merit: 290
May 14, 2020, 07:23:36 AM
#86
It's hard to say me what's happens BNB after 5 years because It will depend on the situation in the crypto market. You probably know that the crypto market is never stable so it can have a bad or good face at any time. In fact, we should now discuss the present so that we can invest properly and share the profits.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
May 14, 2020, 06:07:26 AM
#85
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
just because there is not discount after 5 years meaning BNB will be worthless?have you forget that Binance is the in coming biggest exchange in crypto?so that Means BNB will serve people more than any exchange coins does.

and we don't know what will be the plan of management about BNB what if after 5 years they will make bigger discounts comparing now?
there will be more question waiting ahead but just be happy for what we have right now.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
May 14, 2020, 05:57:59 AM
#84
It is very difficult to say what happened to the BNB coin after 5 years, the condition is now still normal and the price is still up and down. If bitcoin has started to improve, I think BNB will follow in the footsteps of Bitcoin. The reason is very simple, because altcoin prices always follow the bitcoin price movements, And until now altcoin is still under the umbrella of bitcoin.
full member
Activity: 1316
Merit: 126
May 14, 2020, 05:18:28 AM
#83
The vision isn't clear as I look in the crystal ball and this means that we can't also tell what it really happens by next year and much more for the next 5 years.
Anyway, We can't deny that BNB have already the name and people had considered this as a good asset in crypto, and I believe that the team will keep that reputation.
jr. member
Activity: 1162
Merit: 1
Base.protocol
May 14, 2020, 04:57:48 AM
#82
BNB I think is going to be sustained. The developers have really come up with different ideas that can sustain it. Like the DEx and future trading. I also think BNB price will go higher in the next 5years
sr. member
Activity: 1274
Merit: 263
May 14, 2020, 04:23:09 AM
#81
Binance is one of the trusted and reputable platform. 5 years is a long time and no one knows what could happen in that span of time. As long as crypto will keep growing and binance keep it's reputation I am sure it will be there to stay along with other trusted altcoin in the market. It's difficult to predict the what may happen since everything is a roller-coaster ride when it comes to crypto.
Yes it is very hard to think or predict what is exactly will happen to the BN and I think they are still trusted coin and many investord will invest to this coin so they have high possibility the value of this will turn into hundred upto thousands of dollars per Binance coin but in crypto there is no assurance and no one will knows what is happens.
hero member
Activity: 2366
Merit: 594
May 14, 2020, 04:15:41 AM
#80
Binance is one of the trusted and reputable platform. 5 years is a long time and no one knows what could happen in that span of time. As long as crypto will keep growing and binance keep it's reputation I am sure it will be there to stay along with other trusted altcoin in the market. It's difficult to predict the what may happen since everything is a roller-coaster ride when it comes to crypto.
member
Activity: 490
Merit: 19
May 14, 2020, 03:51:34 AM
#79
I trust CZ (Binance CEO), he will find more use cases for BNB token for people to keep investing in the coin, I even doubt that bnb token won't leave or become useful outside binance Exchange in the future, like many said that bnb token is only useful on the exchange, things will change, do not underestimate binance team, as far as I can tell binance team is the best I've seen so far
copper member
Activity: 966
Merit: 5
May 14, 2020, 03:47:34 AM
#78
Asking about the fate of BNB after 5 years is more like asking about the fate of other cryptocurrencies 5 years from now, this is because each cryptocurrency have something or somewhere it is getting its value from. In the case of BNB, I can't say what will happen after 5 years neither can anyone, because most importantly this crypto space as a whole can't even be predicted, hence making any 5 years prediction of BNB or any coin difficult. However, in my own little opinion, I would say, if Binance exchange will continue to improve then BNB will continue to be a good coin worthy of holding.
sr. member
Activity: 882
Merit: 260
February 24, 2020, 10:43:22 AM
#77
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

We can drop down any of our conclusions in here as well as expectations on what can literally happen to BNB after a 5 year span but still cannot tell frankly what will surely happen in that span of time since with that time, there are still lots of thing that can possible to happen that may be on track with all our expectations and conclusions but there can still be a possibility that it will all turn into the other way around. No one knows what can literally happen on any certain coin because in the industry we are all currently into, change is inevitable in a sense that changes do happen in a moment of time.

In relation to what can happen to BNB after 5 years, then time will tell together with the possible events to happen as well as into the other contributing factors can affect such happening. If we want to know further, then let us just all wait for that time to come and see. But as of now, let us just all focus into the present time we have BNB and later stick into its future since there are still lots of possible things that can happen.
sr. member
Activity: 2660
Merit: 339
February 23, 2020, 02:15:12 PM
#76
Are you kidding? BNB coin is used among the whole Binance ecosystem such as Binance Chain, Binance DEX, Binance lending and margin platform, also the number of BNB constantly decreasing so people are motivated to hold it.  Smiley
Yes of course, this would never let BNB face any huge dump ahead. There already are a number of large scale traders who find profits by holding BNB into their binance wallets and this demand would remain constant until the binance platform is live and I do not really think that by any chance they would shut down their exchange.

BNB would always have a increasing demand with the limited supply which would even be burnt in some amount so the demand would keep on rising for the limited amount of coins. This might even land BNB above $100 in these coming 5 years. There are no limits and perhaps we might even see BNB having a major pump in the coming times. BNB is a great source of investment.
jr. member
Activity: 124
Merit: 1
February 23, 2020, 10:40:25 AM
#75
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
Maybe you know the beginning from the end and you're in position to give concrete answer to this. That aside, nobody will or can tell what will be the result of BNB in 5 years to come. Frankly speaking, BNB will be great when it get to 5 years and above, seeing what the teams are building with. They're the best exchange from the now and still growing their network, I believe in BNB future.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
February 23, 2020, 10:23:04 AM
#74
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 knows the future of altcoins in this market. And 5 years is a long time for us to make predictions. Take a look back at Bittrex and Poloniex, they were once the leading exchanges in this market, but now these two exchanges are no longer so popular as before. And Binance will probably be like that in the future
sr. member
Activity: 2030
Merit: 323
February 23, 2020, 10:03:02 AM
#73
We really don't know what will happen to BNB after 5 years but for sure the price will increasing maybe we can see BNB reaching $1000 price if the team still active and also the binance exchange. Seems the binance exchange is the power source of BNB.
BNB is been backed by the binance platform. Binance has already been grown to a major exchange where majority of traders execute their daily trades by paying fees with BNB coin. BNB reduces the fees by 10 to 25% depending on the platform you are trading and this might really be much beneficial for the small scale traders as well as they might not need to loose excess amount in fees.

BNB might even be used onto various other platforms which are been integrating with binance and this would surely double the price for BNB as the utility of this token would gradually increase in number. Binance is going to be the top #1 exchange after few coming years so there is actually no doubt that their utility token i.e BNB would too be among the top coins after few years.
legendary
Activity: 3108
Merit: 1029
February 23, 2020, 08:53:42 AM
#72
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Five years is a long way to go and we have no way of knowing what will they implement to stay in the top of the game, they are leaders for years now and although there are exchanges who claims that they have a much bigger volume, Binance is still considering the king because of the many innovations they've created in industry.
I believe that Binance will be a global company and its capitalization will be estimated at more than $ 50 billion. And the coin itself will cost more than $ 100.
I think binance will do that but it will under its own management, The problem is the binance coin is still lack of utility. as far as i know if that can be used to get the discount fees and people needs more usefulness from the binance coin. Im sure if binance will be doing IPO in the future to reach that capitalization.
member
Activity: 868
Merit: 16
February 23, 2020, 07:46:23 AM
#71
We really don't know what will happen to BNB after 5 years but for sure the price will increasing maybe we can see BNB reaching $1000 price if the team still active and also the binance exchange. Seems the binance exchange is the power source of BNB.
You have the same expectation which this person https://bitcointalksearch.org/topic/making-an-experiment-on-bnb-using-my-2000-5226727 he has spent around $2000 to buy Binance coin and will hold it for long term pariode. May I know, how do you up such expectation? Form what side you have it predictions? Indeed, we don't know what will happen to crypto prices in the future, we just have an own prediction. There are many shitcoin who just dead at the end, also before it coins dead there are many thread who stated that the coin will have a bright future but in the fact they were wrong.
hero member
Activity: 3052
Merit: 685
February 23, 2020, 07:37:47 AM
#70
Are you kidding? BNB coin is used among the whole Binance ecosystem such as Binance Chain, Binance DEX, Binance lending and margin platform, also the number of BNB constantly decreasing so people are motivated to hold it.  Smiley

It is true that every year they burn a certain amount of BNB and therefore the circulating supply is declining. But this is not being reflected in the exchange rates. By mid-2019, the prices were around $40 per coin, which declined to $12 per coin six months later. Now BNB is undergoing some sort of recovery and the prices have raised to $22. But still, it is a long way away from the ATH.
BNB made an ATH in 2019 and you are right it declined but overall BNB increase 100% in year 2019.
Remember that in 2019 it started at $6 only and ended at $12.. but for those who bought at dip and sold at peak, the have really made money in BNB.
I believe in BNB, if it grows when the market is bearish, no doubt it will rise further if this year indeed a good year for crypto in overall.
sr. member
Activity: 1988
Merit: 453
February 23, 2020, 07:29:12 AM
#69
Are you kidding? BNB coin is used among the whole Binance ecosystem such as Binance Chain, Binance DEX, Binance lending and margin platform, also the number of BNB constantly decreasing so people are motivated to hold it.  Smiley

It is true that every year they burn a certain amount of BNB and therefore the circulating supply is declining. But this is not being reflected in the exchange rates. By mid-2019, the prices were around $40 per coin, which declined to $12 per coin six months later. Now BNB is undergoing some sort of recovery and the prices have raised to $22. But still, it is a long way away from the ATH.
full member
Activity: 896
Merit: 102
February 23, 2020, 05:51:30 AM
#68
Are you kidding? BNB coin is used among the whole Binance ecosystem such as Binance Chain, Binance DEX, Binance lending and margin platform, also the number of BNB constantly decreasing so people are motivated to hold it.  Smiley
member
Activity: 840
Merit: 10
February 23, 2020, 04:15:07 AM
#67
In my opinion BNB Coin still depends on the Binance exchanger and I think the price in the next 5 years will depend on the performance of the transaction at Binance. But with the continuous development of the platform and also as a native token one of the biggest exchangers, I think BNB Coin can be a profitable investment
newbie
Activity: 2
Merit: 0
February 23, 2020, 02:55:01 AM
#66
It is obvious that BNB is a great project with a financially strong backing of a hard working team. I know and believe in the next five years, if they maintain their integrity and hard work, they will not only be at the top but the most respected coin ever. I haven't seen any other project this cool.
sr. member
Activity: 1876
Merit: 289
Zawardo
February 23, 2020, 02:06:29 AM
#65
We really don't know what will happen to BNB after 5 years but for sure the price will increasing maybe we can see BNB reaching $1000 price if the team still active and also the binance exchange. Seems the binance exchange is the power source of BNB.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
February 22, 2020, 11:17:27 PM
#64
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 $1 ICO price if I am not mistaken.
Indeed everything can happen in the next 5 years, but if BNB has not touched price 1k$ you will still sell it in the next 5 years? I mean is if the price might still be hundreds of dollars or you will hold it until it happens?
Good question, it's tough to say that after waiting for that long years you will keep holding for sure some adjustments and movements that will happen
around once you see satisfying value from your assets. BNB always have a very big chance to grow since the exchange are really doing well but reaching that amount will take some longer time.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
February 22, 2020, 11:01:28 PM
#63
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
BNB will be only use in their exchange especially in the new IEO that will be launch in their launchpad. I cannot see a wide usage of BNB so I cannot think whether BNB will continue to dominate other currencies 5 years from now.

Though it is a a very popular exchange and also to the IEO owners, so there is still a chance for BNB to rank up if they can also widen their marketing while thinking other ideas on how they can use their currency in a wider area.
sr. member
Activity: 1414
Merit: 260
February 22, 2020, 10:06:20 PM
#62
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Five years is a long way to go and we have no way of knowing what will they implement to stay in the top of the game, they are leaders for years now and although there are exchanges who claims that they have a much bigger volume, Binance is still considering the king because of the many innovations they've created in industry.
Yes its a long way to go and Ill think their something happen while we are waiting on that year, Maybe some of our BNB coins we have sell it already or trade it to another altcoins that have a potential and have a future. As of now we cant feel yet about this happen from crypto and we saw only reach the bitcoin into a $10000 price and thats good for us also than to back into $6000.
sr. member
Activity: 1190
Merit: 257
February 22, 2020, 09:49:57 PM
#61
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 $1 ICO price if I am not mistaken.
Indeed everything can happen in the next 5 years, but if BNB has not touched price 1k$ you will still sell it in the next 5 years? I mean is if the price might still be hundreds of dollars or you will hold it until it happens?
sr. member
Activity: 2254
Merit: 258
February 21, 2020, 08:04:17 AM
#60
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Five years is a long way to go and we have no way of knowing what will they implement to stay in the top of the game, they are leaders for years now and although there are exchanges who claims that they have a much bigger volume, Binance is still considering the king because of the many innovations they've created in industry.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
February 21, 2020, 07:58:44 AM
#59
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
Very hard to next 5 years situation of any coin but we should go through at least one bullrun in this 5 years. As giving some bode of Binance coin, could launch new service as did BNB coin and Binance USD. Because all plans are like to monopoly the cryptocurrency.
Even do not have any bull run in this 5 years from now but the important on it is increasing the price of BNB.
BNB are now waiting for the time of bitcoins to increase more the value, Because if this will have a bull run in this year maybe BNB is one of them to increase the price.
I have to say that BNB will be difficult to experience a hike up to the new All Time High, lately also Binance has a problem, a lot of bad rumors regarding that exchange, I just said that there are on those Twitter tweets about BInance

If binance remains as successful, it would devise one way or other to maintain the price of BNB. They also have introduced the BinanceDEX but that still has to get any visible traffic.
But it's highly likely that newer exchanges would replace Binance in the next 5 years. Binance has already started losing it's volume to others. And with the decrease in popularity of binance, BNB would fail to maintain it's price.
sr. member
Activity: 1400
Merit: 283
DGbet.fun - Crypto Sportsbook
February 21, 2020, 06:29:52 AM
#58
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
Very hard to next 5 years situation of any coin but we should go through at least one bullrun in this 5 years. As giving some bode of Binance coin, could launch new service as did BNB coin and Binance USD. Because all plans are like to monopoly the cryptocurrency.
Even do not have any bull run in this 5 years from now but the important on it is increasing the price of BNB.
BNB are now waiting for the time of bitcoins to increase more the value, Because if this will have a bull run in this year maybe BNB is one of them to increase the price.
newbie
Activity: 122
Merit: 0
February 18, 2020, 01:46:26 PM
#57
Binance will most likely be out competed by decentralized exchanges such as the Blocknet DEX, which does NOT need your personal info, (KYC), account registrations etc.

Never seen a time where decentralization has been discussed as much as now, for obvious reasons I believe.

All of us wants privacy, freedom, and most importantly feel secure whenever we want to trade our assets. Something a DEX provides.

Accumulating a bunch of DEX project coins/tokens right now for this very reason in fact!
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
February 18, 2020, 01:08:26 PM
#56
AS far as I know BNB had experienced a great pump and dump within this 5 years' time.  Even though it experienced a huge drop in price after its ATH, BNB's early buyers are still in a profit.

BNB is a native token of BNB blockchain and is used as one of requirement as the mode of payment if some project's token wanted to be listed in either their(Binance) CEX or DEX.  It is also used to have discounts on trades and transactions within the exchange.  That is pretty much the usage of BNB.
member
Activity: 938
Merit: 13
AMEPAY
February 18, 2020, 12:59:40 PM
#55
I am sure in 5 years time they would have developed many more features, services and utilities for token holders so the ecosystem will grow as well as the token on the platform which eventually will create demand and price of bnb will also grow nicely but we have to wait and see if binance will remain dominant till then or not.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
February 18, 2020, 12:56:49 PM
#54
This question is the same question of "what happens to binance in 5 years?" because they are connected together, if binance goes belly up that means bnb will go as well, if binance becomes even more powerful that means bnb will as well.

I do not see Binance itself becoming any stronger tho, they have already peaked and I feel like they are on the way down now, that is exactly why they created new offices in other nations, that is why they did their own staking part of the website, that is why they did the dex version with bnb funding the new projects. They are trying to hold on to the power they have so far reached and that is what makes me question their future.

In 5 years I am sure there will be even bigger technological improvements that eventually will be better than binance and that will result with binance becoming less powerful in crypto world which will drop the price of BNB.
member
Activity: 798
Merit: 14
February 18, 2020, 12:34:24 PM
#53
The purpose of BNB is the utility it serves in the Binance ecosystem. BNB tokens serve as the only assess to the features of Binance exchange whether Binance remove the discount or not, people will need to hold BNB to be a part of Binance offerings in the future.
hero member
Activity: 2828
Merit: 611
February 18, 2020, 12:03:22 PM
#52
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
BNB coin is been used as a utility token on binance platform which allows us to gain some discount on the trading fees. This would be the same even after 5 years because BNB is a coin backed by binance exchange and its main function would be to support internal monetary affairs in between the platform. There would perhaps be some more benefits of holding BNB coin after these 5 years as even now we are able to stake and lend BNB to gain some profits.

I can surely say that BNB would have a major pump after these 5 years because of its ever rising demand and huge benefits offered to the holders. Many traders prefer to pay their trading fees with BNB rather than using any other coin just to save some bucks on fees.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
February 18, 2020, 07:46:48 AM
#51
As you know binance is one of the fast growing  growing exchange out there and it has already become global exchange and if they continue with same pace then in 5 years we might see binance as majority holder in exchange space then bnb will automatically rise in price so it is safe play to accumulate it and leave it for few years to get massive profit. Binance is continuously working to introduce something new to space so we might see other usage of bnb soon.
Possibilities of BNB making a hard pump are much greater. But in case there are any internal issues which might make some of the users lose their funds than I think that majority of people might stop using binance and BNB coin. This might be something which might dump the price.

We can't exactly predict the future of any coin as even 5 years is a long time span and in this time anything can happen with the high volatility markets. If binance gets hacked, etc than many of the users would lose their faith from the exchange which might even lead for panic sell of BNB which is never good for the price of any coin. BNB would dump in this case but the chances of this to happen are quit less.
hero member
Activity: 910
Merit: 505
February 18, 2020, 04:41:28 AM
#50
As you know binance is one of the fast growing  growing exchange out there and it has already become global exchange and if they continue with same pace then in 5 years we might see binance as majority holder in exchange space then bnb will automatically rise in price so it is safe play to accumulate it and leave it for few years to get massive profit. Binance is continuously working to introduce something new to space so we might see other usage of bnb soon.
newbie
Activity: 1
Merit: 0
February 18, 2020, 04:14:18 AM
#49
Quote
What happens to BNB coin after 5 years?
no-one knows, as usual
full member
Activity: 756
Merit: 100
February 18, 2020, 04:11:20 AM
#48
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
Very hard to next 5 years situation of any coin but we should go through at least one bullrun in this 5 years. As giving some bode of Binance coin, could launch new service as did BNB coin and Binance USD. Because all plans are like to monopoly the cryptocurrency.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
February 18, 2020, 04:05:01 AM
#47
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

From where does BNB derive it purpose? From the exchange right. Is the exchange growing or declining? The answer is, it's growing. So personally I don't see BNB losing its value or usefulness anytime soon so far the exchange is still working and the team is still upgrading for better services.  BNB isn't like some other exchange tokens out there, this year alone the CEO has added more services etc. Although we humans can't say what will happen in the next 5 years but there are things with solid proof we can see and give credence where it is needed. Thus, so far the team is still ready to work, BNB will hardly lose its value, rather it will increase..
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
February 18, 2020, 12:39:49 AM
#46
binance will be most usefull in cryptocurrency market in next 5 years. when market capitalization growth alot, more people will use binance services, liquidity and many feature will make traders use this exchanges. moreover today binance has biggest volume that dreamed by all developers team or trader to buy and sell their asset. bnb price will soar hit new record in several years later. personally i am recommended this coin as main portofolio in our bag.
full member
Activity: 1274
Merit: 100
February 18, 2020, 12:03:26 AM
#45
Binance Coin Altcoins stronger crypto coin as we have seen during the bearish season all altcoins were dead but the only BNB was raising. So if Bitcoin goes higher than the current price then definitely BNB will raise and Binance C O will bring some more about BNB in the future to more stabilize and strengthen the BNB.
hero member
Activity: 1372
Merit: 503
February 17, 2020, 11:52:55 PM
#44
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
IMO I think bnb coin will be more famous and popular. The introduction of launchpad make them a very popular exchange and many imitated this system but some got for the sake of FOMO. How do you think they can be as efficient as this? I like how CZ think and even outside of the box idea he always surprise the community is working.
full member
Activity: 899
Merit: 101
February 17, 2020, 11:47:20 PM
#43
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

It will fail in less than 5 years
there is no strong reason for binance fail meanwhile they keep developt their exchanges well regularly. only people that want spread FUD say binance will fail. its already for years they operate their services in cryptocurrency market and binance price increase massively every year. i am sure next year binance could move above $100 and be top 5 coin coinmarketcap.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
February 17, 2020, 10:52:23 PM
#42
Obviously, everything will depend directly on the actions of the exchange itself.
Indeed, after five years, the Binance exchange may not become the same, what can we say about what will

Agree. No one can even know what will happen on a 5year gap. Judging Binance they are a type of project who always introduced system which most are imitating. So I think they wouldnt let their competitors in the exchange field will overtake them easily.


It will fail in less than 5 years

Discounted or not, I dont think Binance will fail due to that fact. Fee is the stronghold of an exchange, Im thinking if they remove the discount when trading on their platform still many users will still use that since Binance is a huge market the fee will be negelcted by traders as just like the taxes on cigarette implemented. Many countries increase tax on it, then still using and consuming? What happened cause they used to it already.
legendary
Activity: 2198
Merit: 1014
Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm
February 17, 2020, 09:27:53 PM
#41
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

It will fail in less than 5 years
full member
Activity: 714
Merit: 100
3... 2... 1... Launch!
February 17, 2020, 08:39:41 PM
#40
You're correct in questioning what utility the asset might have if or when the IEO phase wears off and the hype is no longer there or this type of fund raising method is superseded by something else then you might find the token could lose some value as a long term prospect
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
February 17, 2020, 04:39:58 PM
#39
Obviously, everything will depend directly on the actions of the exchange itself.
Indeed, after five years, the Binance exchange may not become the same, what can we say about what will happen to their coin.
Moreover, after five years, the crypto market itself can change beyond recognition. However, if Binance continues its distribution to the market, it is possible that the BNB coin will go to the top five coins.
full member
Activity: 1470
Merit: 148
February 17, 2020, 03:58:44 PM
#38
BNB to me have a good and strong team behind it growth and can actually withstand factors that'd like to affect it tomorrow. When talking about BNB, I see a great coin with them and a good community, BNB will get stronger like any other good coins out there. Currently, am investing into their coins and will be happy to be in a long-term with them. I see good and positive movement in BNB.
copper member
Activity: 966
Merit: 14
February 17, 2020, 03:32:25 PM
#37
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

Future prediction is one of the things beyond human understanding and power, no one can actually say what will happen in the next few days let alone 5 years from now. Remember this crypto environment is unpredictable, therefore we can only say that with the current improvements going on in Binance exchange and if the team should continue in that same manner then there is every tendency that BNB will retain its value and even grow more. BNB being the platforms token is what signifies the growth of the exchange thus will continue to be used for various activities within the exchange.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
February 17, 2020, 12:13:38 PM
#36
BNB After the next 5 years? I think it will be alright even more increased how the exchange itself if it develops and becomes a popular exchange is not displaced then I am sure there will be progress in terms of price so I don't have to worry about the future of cryptocurrency everything will be bright.
BNB is increasingly in demand if the exchange continues to issue its best IEO of all time.
sr. member
Activity: 1988
Merit: 453
February 17, 2020, 11:34:28 AM
#35
BNB exchange prices are entirely dependent upon the well being of the Binance exchange. Although the exchange is doing pretty well in the current situation, we don't know what will happen after 5 years. I am saying this, because I have seen a lot of large exchanges folding before my own eyes. And the list includes Mt Gox in 2014 to Cryptopia in 2019.
legendary
Activity: 2450
Merit: 1047
February 17, 2020, 10:32:11 AM
#34
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

It will go on as it is now as long as they keep developing their platform and making their platform secured, they are the one that introduced IEO I'm pretty sure many more improvements are going to happen because they knew that other exchanges are improving and they want to stay on as long as they can as the number one exchange.
full member
Activity: 932
Merit: 100
arcs-chain.com
February 17, 2020, 10:24:38 AM
#33
In addition to using BNB to discount BNB transaction fees, it is also used for many features of Binance. And I think BInance will add more utilities to BNB in the future, so the discount feature of BNB will gradually become less impact on the price of BNB.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
February 17, 2020, 08:55:21 AM
#32
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
I don't expect too far until 5 years, but maybe if Binance exchange itself keep opened and make maybe new promotion and make people keep to use their BNB, i think BNB will survived. But once the exchange face big problem or closed, big possibility the coin don't have value anymore.
hero member
Activity: 1302
Merit: 503
February 17, 2020, 08:13:13 AM
#31
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.
- Well, with very steady development since its launch, plus the full support of binance exchange, bnb really has many opportunities to increase exponentially in the future when the demand for this exchange is increasing sharply as this exchange provides a very good quality. However, with such a long road, we cannot speculate too subjectively, we need to look further at bitcoin, this is the character that will greatly determine the fate of the market in the coming years, hopefully bitcoin will be good enough to help us and BNB have the best situation to make money
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
February 17, 2020, 07:59:44 AM
#30
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
We either progress or regress in life as time goes on. Nature abhors stationary and I guess that's what also should happen with investment. Even when you don't make profit or loss you still would be at the same spot. Well, as for what happens with Binance in the next 5years, not even CZ knows it. Crypto industry is a highly unpredictable industry. Ten years ago I am sure no one would've believed that Poloniex and Bittrex would be almost nonexistent today. Binance as an exchange is even less than 4years old today but look at where it has got - on a high pedestal. I can't put my money on anything here on where Binance will be next.
hero member
Activity: 2842
Merit: 772
February 17, 2020, 07:52:07 AM
#29
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.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 17, 2020, 07:47:05 AM
#28
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.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
February 17, 2020, 07:44:40 AM
#27
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.
hero member
Activity: 3052
Merit: 685
February 17, 2020, 07:35:37 AM
#26
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.
full member
Activity: 925
Merit: 100
February 17, 2020, 07:07:58 AM
#25
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.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
February 17, 2020, 06:44:57 AM
#24
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.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
February 17, 2020, 06:35:53 AM
#23
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.
member
Activity: 1764
Merit: 10
February 17, 2020, 05:56:01 AM
#22
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.
legendary
Activity: 2226
Merit: 1086
duelbits.com
February 17, 2020, 05:45:28 AM
#21
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.

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.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
February 17, 2020, 05:35:25 AM
#20
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.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
February 17, 2020, 05:23:47 AM
#19
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.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
February 17, 2020, 05:20:38 AM
#18
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.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
February 17, 2020, 04:37:28 AM
#17
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.
sr. member
Activity: 1270
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Oikos.cash | Decentralized Finance on Tron
February 17, 2020, 04:35:12 AM
#16
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.
sr. member
Activity: 1400
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DGbet.fun - Crypto Sportsbook
February 17, 2020, 03:43:05 AM
#15
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.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
February 17, 2020, 12:02:49 AM
#14
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.
legendary
Activity: 2128
Merit: 1775
February 16, 2020, 10:33:40 PM
#13
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
sr. member
Activity: 1498
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Vave.com - Crypto Casino
February 16, 2020, 09:55:26 PM
#12
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.
hero member
Activity: 2072
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royalstarscasino.com
February 16, 2020, 06:14:52 PM
#11
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.
full member
Activity: 686
Merit: 102
February 16, 2020, 05:05:04 PM
#10
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.
member
Activity: 448
Merit: 21
February 16, 2020, 03:16:17 PM
#9
BNB is not just a random coin, this coin covered by a large active community, every year they are adding something new in their network, they have own chain, projects are migrating on those! So, I believe after 5 years, BNB will do better like now or better than now!  If you ask this way, then think about other big coins what will happen with them after 5 years! As we believe a better future for the crypto world, so, we can expect better for the Binance coin!
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
February 16, 2020, 03:09:49 PM
#8
I think there is no need to worry about what happens to bnb in 5 years, because it will survive beyond 5 years.

A lot of people does believe that bnb token growth is dependent on discount fees etal, but i want to disagree.
Binance ceo is not here to joke around, and becoming the most important exchange platform is not an easy feat.

By allowing fiat withdrawals for about 3-6 countries, binance has set the pace and got theirselves more platform users, which definitely will improve the functionality of bnb, look around, look at binance dex, the developing products, binance futures trade.

Binance token, BNB is here to stay.

NB: Just my personal opinion in relation to subject, do your own research.
There is no doubt that binance is offering great service for their users and having more trading pairs compared to other trading platforms but what is the real purpose of BNB to stay with that exchange,only their fee discount IMHO! So when there will be no more discount on binance for using BNB then it won't have much interests from traders but 5 years is still a big time frame so they can build own set of community and make it stay here after that as well.
copper member
Activity: 591
Merit: 55
February 16, 2020, 02:53:26 PM
#7
CZ is a very respected person in crypto field and he is trying to contribute to the mass adaptation of cryptocurrencies around the world. Binance creates their own blockchain, fiat gateways to make fast deposits and withdrawals with your credit card using your national currency, opening offices around the world. Who knows, maybe they will implement a reduced withdrawal fees and higher limits if there is a certain amount of BNB tokens on your account or begin cooperation with banks for faster transactions and smaller fees using Binance chain.
member
Activity: 1540
Merit: 68
February 16, 2020, 02:21:16 PM
#6
I think there is no need to worry about what happens to bnb in 5 years, because it will survive beyond 5 years.

A lot of people does believe that bnb token growth is dependent on discount fees etal, but i want to disagree.
Binance ceo is not here to joke around, and becoming the most important exchange platform is not an easy feat.

By allowing fiat withdrawals for about 3-6 countries, binance has set the pace and got theirselves more platform users, which definitely will improve the functionality of bnb, look around, look at binance dex, the developing products, binance futures trade.

Binance token, BNB is here to stay.

NB: Just my personal opinion in relation to subject, do your own research.
member
Activity: 111
Merit: 10
February 16, 2020, 08:24:08 AM
#5
Everyone knows the main driver for BNB as of now is the discount in fees and the Binance team will come up with new use cases for the BNB in their ecosystem there is already a lot of use cases that have been added since it's the all-time high. Like the Binance chain, acceptance of BNB in various other dapps, IEO etc Binance is the number 1 exchange as of now and the most active company in this ecosystem. SO as long as Binance is alive the BNB will always be in a higher position year after year.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
February 14, 2020, 04:08:15 PM
#4
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?

I don't think the discount model will end, if it happened then the price would dump because their won't be any incentive to buy and hold the tokens in your account. People might mentioned IEO but how many people are allowed into the IEO unlike e trading where millions of users are allowed to use BNB to pay for trading fees
full member
Activity: 714
Merit: 100
February 14, 2020, 03:40:30 PM
#3
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
It's hard to say what will happen after 5 years.But it can be rise or down.but as mentioned what is the purpose of BNB any more.Maybe team will focus others development.In my view, they will create others benefit for BNB holder or will develop there coins to stay in the market.Because BNB is famous and most reputed coin till now.Also 5 years is long journey and we can't think what will be the next updated technology.
hero member
Activity: 2884
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Hire Bitcointalk Camp. Manager @ r7promotions.com
February 14, 2020, 03:27:07 PM
#2
As if all of us know what's going to be the fate of BNB after 5 years. If the question is all about bitcoin, we're sure that it will retain itself and we'll see a higher price for it.

But if we imagine BNB shall stay after 5 years and bitcoin does have tremendous value, like the altcoins follow bitcoins path then the value of BNB would be higher than we're expecting. For the purpose of BNB, it will be likely a store of value just like the other altcoins and CZ might think of something new for its purpose.
sr. member
Activity: 383
Merit: 250
February 14, 2020, 04:59:41 AM
#1
What happens to BNB coin after 5 years? Because then you get no discount anymore? Then what is the purpose of BNB anymore?
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