will Binance be the next Ethereum? - page 15.

MishaSER

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Quote from: uelque on March 11, 2021, 06:40:11 AM

Quote from: kevinzxz on February 19, 2021, 10:03:47 AM

as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).

so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?

A lot of people are actually wondering if Binance can surpass Ethereum few years from now which I think is way far impossible by next 4 to 6 years because we can tell it already just by looking at the market cap of both. But it has the potential though especially it has lower fees when it comes to transaction, and most especially a lot of people are being attracted to the projects built in BSC, which brings a lot enthusiast to the network. And it is growing at a much faster rate we never expected or I never expected. So I guess, it can be, maybe 10 years from now or less. Can't tell it exactly but I believe it can.

I think they will divide the market and at some point they will be equal in their influence. For many years, Ethereum has not surprised its users, but Binance has surprised and provides new opportunities.

uelque

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Quote from: kevinzxz on February 19, 2021, 10:03:47 AM

as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).

so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?

A lot of people are actually wondering if Binance can surpass Ethereum few years from now which I think is way far impossible by next 4 to 6 years because we can tell it already just by looking at the market cap of both. But it has the potential though especially it has lower fees when it comes to transaction, and most especially a lot of people are being attracted to the projects built in BSC, which brings a lot enthusiast to the network. And it is growing at a much faster rate we never expected or I never expected. So I guess, it can be, maybe 10 years from now or less. Can't tell it exactly but I believe it can.

Question123

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Binance have a lot of supporter and also the ethereum coin so I think they have similarity but not near potential because BNB needs to prove to us before they reach also the potential of the ether. Many people are really like this two coin so I think it will become more famous this two coin in the next few years. Because as we expected this coin is become the next bitcoin which is the ethereum and the BNB is possible but not sure yet.

jjdub7

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Quote from: kevinzxz on February 19, 2021, 10:03:47 AM

as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).

so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?

I personally like Binance a lot and what they do, I think you can be right and Binance can really achieve incredible success over time.
It will be difficult to pass Ethereum, but still not impossible.

nicecrypto

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Quote from: kevinzxz on February 19, 2021, 10:03:47 AM

as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).

so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?

Even though I believe Binance Coin BNB has been doing amazingly well in terms of price largely due to the gas issues currently facing the ethereum network, I think it is still some time away from taking over ethereum spot as the number 2 coin in the crypto space. There are a lot of projects now jumping on Binance Chain and that too is helping the Coin grow. Just yesterday, BNB went to $297 after dropping to $187 from its ATH of about $339

Coin_trader

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Can you compete with ethereum this year? this is difficult or even impossible. I know that Binance is currently quite a fantastic development. but to be able to beat Ethereum this year I think it will be a little difficult. We all know that Binance is currently in the development stage at BSC and Ecosystem is still building. It is different from Ethereum, which already has a strong enough trust and community. To be able to compete in the next year is certain but beat ethereum I doubt it

Hmmm. I disagree on this statement. BSC is far more advance than the current ETH in terms of speed and reliability that's why lots of new well known DeFi projects are choosing to launch in BSC like Pancake Swap and many more. The only thing ETH investors holding on is the ETH V2.0 success which is not yet showing a major upgrade. If trust is the one being consider, BSC is almost as well known and trusted as ETH that's Binance token. Is almost near ETH on MC for a short period of time compared to ETH.

TastyChillySauce00

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Quote from: Farma on March 07, 2021, 04:53:41 AM

Quote from: Cling18 on March 06, 2021, 10:32:27 AM

Binance has been a trusted exchange and it has passed all the tests of time so I believe that its coin could still go more in the future. The potential of this coin will depend on Binance's reputation. However, I believe that it could reach better than Ethereum if it would compete with Ethereum's gas fee which is the agony of most traders these days.

In fact, I currently feel that Binance has grown a lot faster than Ethereum. however, people still use ethereum for some reason. maybe because of its promising prospects, and the coin is already widely used today. however, the continued development of binance would have placed its position on par with ethereum if ethereum had slow progress. that is my current opinion.

Really hoping that the ETH 2.0 full implementation gonna fix this scalability problem once and for all. it doesn't make sense for a blockchain that supposed to be "cheap" for sending transaction turns out to be quite "expensive" , I do agree though ETH development feels really slow, even waiting for gas price to settle might takes eternity it's just far behind binance's coin in term of development.

carrie_white

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I think of course Binance can replace Ethereum's position, especially now that BNB is in third place and Ethereum is in second place, only one more step to occupy the Ethereum position, because I think BNB has more benefits than Ethereum, especially BNB gas fee is much cheaper than Ehtereum.

virasisog

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Quote from: kevinzxz on February 19, 2021, 10:03:47 AM

as we can see if the price of Binance has risen very high for now and even all the coin that use Binance smart chain have also increased very high and of course gas fees from Binance are very low compared to Ethereum, so there is a possibility that in the future there will be many projects using blockchain from Binance and that is an opportunity for Binance to replace Ethereum (become the king of all altcoin).

so do you agree with me if Binance will be the next Ethereum? or are you thinking of anything else?

Binance chain is one of the best competitors for Ethereum. Ethereum is for the rich due to the high gas fee, it is not even cost-effecient to use ERC-20 to do micro transactions and to move your funds using their chains accross different platforms or any wallet.

Farma

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Quote from: Cling18 on March 06, 2021, 10:32:27 AM

Binance has been a trusted exchange and it has passed all the tests of time so I believe that its coin could still go more in the future. The potential of this coin will depend on Binance's reputation. However, I believe that it could reach better than Ethereum if it would compete with Ethereum's gas fee which is the agony of most traders these days.

In fact, I currently feel that Binance has grown a lot faster than Ethereum. however, people still use ethereum for some reason. maybe because of its promising prospects, and the coin is already widely used today. however, the continued development of binance would have placed its position on par with ethereum if ethereum had slow progress. that is my current opinion.

Alohadanc3

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Ethereum band binance both of them are very good and future proof projects. At this point ethereum is facing some problem. And the biggest problem is related to gas fees. At this moment ethereum gas fees is too high. But surprisingly people still using it and love everything on ethereum. In other hand binance chain is low in fees, fast and many definbased projects are liking it. But I think after eth 2.0 this problem will be finished. And from that time ethereum will dominate everything.

Russlenat

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Quote from: satsmainman on March 06, 2021, 04:03:43 PM

Binance has proven to be a major runner to Ethereum, no doubt Binance is huge and actually making a difference. Binance also has the potentials to do so well in terms of upward price action due to both technical and fundamental indications. But I cannot clearly tell if Binance is the next Ethereum.

Just imagine, there's no major development for Ethereum network, people are still complaining about the high fees, but look at their standing, they are still at the number 2 next to bitcoin and I think they'll stay that spot and might increase its marketcap once major update such as ETH 2.0 will be fully implemented.

Binance has took the spotlight this year as it rose to top 3 but slowly sliding and now back to top 5, so what I'm saying is we definitely have to look at the consistency and it seems like BNB is not that consistent yet.

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Quote from: Oilacris on March 06, 2021, 03:57:22 PM

Going back into the days where ETH is flying out with colors, remember on how ETH did compensate into those times where bitcoin does have a problem with fees?

Those early supporters who manage to use this chain to transact and avoid paying higher mining fees.

Quote

It did really make out its popularity rise even up more due to cheap gas and fast confirmation but now everything has change when the demand did rise up even more.

When the value start to pumped high, gas fees also increase and now people around are frustrated as they are stuck with thier erc based tokens.

Quote

Just like bitcoin it did really suffer out that kind of problem when it comes to fee and confirmation time. Saying about BNB would be the next ETH?
I doubt that but who knows if that thing will happen if he's capable on handling out those flaws that we have seen.

No one knows, as there are always possibilities, but depends from how people will support the entire system.

angrynerd88

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No question it can be possible,Binance is having very of a great execution at this minute, catching the eyes of numerous financial specialists on its tall rate of showcase cost increment. But I figure that won't be sufficient to be the another ethereum and I figure that's no one's desires. Ethereum is made one of a kind way of cryptocurrency in this industry wherein it is being utilized to most of the exchanges including cryptos which is its greater advantage over other alts.Alsoit can sy there's plausibility for Binance to be a bigger crypto within the future seeing its potential.

satsmainman

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Binance has proven to be a major runner to Ethereum, no doubt Binance is huge and actually making a difference. Binance also has the potentials to do so well in terms of upward price action due to both technical and fundamental indications. But I cannot clearly tell if Binance is the next Ethereum.

Oilacris

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Quote from: geegaw on March 06, 2021, 11:18:47 AM

Quote from: Sendi blackspade team on March 06, 2021, 10:50:04 AM

Quote from: Cling18 on March 06, 2021, 10:32:27 AM

Binance has been a trusted exchange and it has passed all the tests of time so I believe that its coin could still go more in the future. The potential of this coin will depend on Binance's reputation. However, I believe that it could reach better than Ethereum if it would compete with Ethereum's gas fee which is the agony of most traders these days.

focus always on very high gas costs on ethereum. Ethereum gas costs have been increasing since last year. but there have been no issues with the ethereum market to date.
The BSC may be in vogue, making the view that Binance's rising popularity could beat Ethereum.
even if the binance smart chain has increased adoption and the ethereum chain is down I don't think it will shift their market position.

When looking at the value of ethereum, you certainly wouldn't think it had any issues with the community but somewhere in some comments, they still complained about the fees ethereum brought, it's too expensive for the tokens we ship, in the long run, this cost will have a huge impact on our profits. Although they have made promises in the future but this has created an opportunity for binance to further expand their application, can't talk about the distant future but in the near future binance will be a very strong opponent for ethereum

Going back into the days where ETH is flying out with colors, remember on how ETH did compensate into those times where bitcoin does have a problem with fees?

It did really make out its popularity rise even up more due to cheap gas and fast confirmation but now everything has change when the demand did rise up even more.

Just like bitcoin it did really suffer out that kind of problem when it comes to fee and confirmation time. Saying about BNB would be the next ETH?
I doubt that but who knows if that thing will happen if he's capable on handling out those flaws that we have seen.

menoiazei

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speculate tezos to be next ethereum reason being smart contracts and gas fees

isaac_clarke22

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Quote from: Cling18 on March 06, 2021, 10:32:27 AM

Binance has been a trusted exchange and it has passed all the tests of time so I believe that its coin could still go more in the future. The potential of this coin will depend on Binance's reputation. However, I believe that it could reach better than Ethereum if it would compete with Ethereum's gas fee which is the agony of most traders these days.

As long as we don't have anymore issues like those data leaks that happened before in Binance.
It was a long time ago so I don't think it will have any effect to Binance up to here now.

It's a bit too much to say that Binance will replace Ethereum though. I even remember a lot of people claiming that Ethereum will even replace Bitcoin sometime because those two coins, not in terms of price though, are somehow competing to each other.

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Quote from: Sendi blackspade team on March 06, 2021, 10:50:04 AM

Quote from: Cling18 on March 06, 2021, 10:32:27 AM

Binance has been a trusted exchange and it has passed all the tests of time so I believe that its coin could still go more in the future. The potential of this coin will depend on Binance's reputation. However, I believe that it could reach better than Ethereum if it would compete with Ethereum's gas fee which is the agony of most traders these days.

focus always on very high gas costs on ethereum. Ethereum gas costs have been increasing since last year. but there have been no issues with the ethereum market to date.
The BSC may be in vogue, making the view that Binance's rising popularity could beat Ethereum.
even if the binance smart chain has increased adoption and the ethereum chain is down I don't think it will shift their market position.

When looking at the value of ethereum, you certainly wouldn't think it had any issues with the community but somewhere in some comments, they still complained about the fees ethereum brought, it's too expensive for the tokens we ship, in the long run, this cost will have a huge impact on our profits. Although they have made promises in the future but this has created an opportunity for binance to further expand their application, can't talk about the distant future but in the near future binance will be a very strong opponent for ethereum

Sendi blackspade team

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Quote from: Cling18 on March 06, 2021, 10:32:27 AM

Binance has been a trusted exchange and it has passed all the tests of time so I believe that its coin could still go more in the future. The potential of this coin will depend on Binance's reputation. However, I believe that it could reach better than Ethereum if it would compete with Ethereum's gas fee which is the agony of most traders these days.

focus always on very high gas costs on ethereum. Ethereum gas costs have been increasing since last year. but there have been no issues with the ethereum market to date.
The BSC may be in vogue, making the view that Binance's rising popularity could beat Ethereum.
even if the binance smart chain has increased adoption and the ethereum chain is down I don't think it will shift their market position.

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