Topic: Will BNB become the king of all coins - page 15. (Read 23858 times)
Bnb, in my opinion, would not be able to fully overtake bitcoin at the apex. Obviously, it is accurate that bnb is rapidly expanding and has already established itself in a strong position. Bitcoin, on the other hand, is unbeatable and can maintain its dominance. It is possible for bnb to surpass ethereum.
CZ promotes BNB banking advice in addition to several tweets. A coin cannot be the king of altcoins in this way. Binance may be able to take first place in a smart chain, but it won't last long. Even though the cost of a Binance Smart chain transaction has decreased by two times lately, I still have a clear negative point.
A completely centralized network built on a copy of the ETH cannot be the king of the market. This is a good exchange coin, nothing more. Due to the burning and locking of BNB in various projects, it has tremendous growth and popularity. But there can be only one king - Bitcoin.
Someone who knows what he is talking about. Everybody is comparing ETH to BNB and BNB will kill ETH and so on. BNB won't do anything like that because it is centralized, that's it. The guys celebrating BNB as king of alt coins take a motor bicycle, overtake a bus and scream at the bus that they are faster.
BNB is already in the verge of becoming that king. It has risen more than 15 times from January till date and the potential of going higher is very great. The BNB being that gas used for transactions on Binance Smart Chain is a great advantage it has to grow. This is also helping the projects on Binance Smart Chain to also grow. Series of projects already listed to be created on ethereum network are not switching to Binance Smart Chain and many others that are already on ethereum network are also now making a crosschain to be on both ethereum and smart chain network. This is a great advantage that will be driving the BNB to be One of the greatest of all cryptos, if not the best.
A completely centralized network built on a copy of the ETH cannot be the king of the market. This is a good exchange coin, nothing more. Due to the burning and locking of BNB in various projects, it has tremendous growth and popularity. But there can be only one king - Bitcoin.
I think Binance smart chain in the nearest future would be the king of all altcoins, because the rate at which projects are utilizing it is rising continuously. And knowing the fact that it was created to over the challenges of the ethereum network, BSC will overcone ethereum in the next few months or weeks.
Yes, I think it's because ethereum has fixed some of its weaknesses. And it also needs to be recognized that, even though Ethereum's transaction fees are high, there are also lots of enthusiasts for Ethereum so that Ethereum prices are soaring as they are today. Ethereum is the best altcoin I have ever seen
Ethereum has always proven itself to be great and very useful for everyone in the crypto space so it is still very feasible that Ethereum is under Bitcoin to lead other Altcoins in the crypto space, so I would not be surprised if Ethereum continues to grow very well at the moment.Of course what you are conveying is very true, since a long time ago ethereum has proven itself to be a great altcoin and it is only natural to be an altcoin that has many investors so that its great impact today has the highest price and is the king of altcoins.
Even BNB show a very promising growth in the market, getting lot of attractions and climbing up as the third rank cryptocurrency I still doubt that BNB can surpass bitcoin as the king of all coins.
As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents
On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".
With such successes do you think BNB will become the All coin king?
On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".
With such successes do you think BNB will become the All coin king?
BNB cannot be the king of all coins because the king is the owner of the 8-digit coin, and everyone must say that the king of all coins is Bitcoin. So in my opinion whatever happens to BNB will not affect Bitcoin as the king of all coins. these are facts and not opinions circulating in society.
I missed those news but that's quite the statement in favor of Binance Chain.
No bank in the world can compete with such data. That's impressive, but will those fees on Binance Chain rise expectedly?
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The possibility still exists, even if BNB gets strategic cooperation from several public figures, it could happen to displace Bitcoin's existence as the current market cap leader.
I don't know what "King" means in the cryptocurrency world, if a King must have a high market cap price, then it's true that currently the title is held by Bitcoin which has the highest market cap in the cryptocurrency world.
However, some people do not agree that the parameter to determine The King is marketcap, because it could be that the word refers to the pioneer who triggered the existence of this cryptocurrency world, namely Bitcoin.
I will still think of Bitcoin as the real King even though BNB's market cap is bigger. There is no BTC, there will be no BNB.
I don't know what "King" means in the cryptocurrency world, if a King must have a high market cap price, then it's true that currently the title is held by Bitcoin which has the highest market cap in the cryptocurrency world.
However, some people do not agree that the parameter to determine The King is marketcap, because it could be that the word refers to the pioneer who triggered the existence of this cryptocurrency world, namely Bitcoin.
I will still think of Bitcoin as the real King even though BNB's market cap is bigger. There is no BTC, there will be no BNB.
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Why BNB, it doesn't have unique tech or why is it so valuable?
Just because it is backed by Binance, a large exchange?
For a high price, a considerably good tech should be implemented or if it's not good tech, a high price is very overvalued.
The support from Binance as well as the strong Community makes BNB a strong candidate to become the king of altcoin. however, the competition with ethereum is still a long way off. by marketcap and also by users. although the ethereum use case is resolved by the existence of the BSC which provides low transaction fees. but that alone is not enough to be able to overtake Ethereum which is now in second place Just because it is backed by Binance, a large exchange?
For a high price, a considerably good tech should be implemented or if it's not good tech, a high price is very overvalued.
Binance coin could not have burst into the roar so abruptly if it were not for the problems with the ether network. But it is worth noting that their team found an empty niche of competition in time and due to low commissions and a reasonable ecosystem, we see an outstanding result.
Why BNB, it doesn't have unique tech or why is it so valuable?
Just because it is backed by Binance, a large exchange?
For a high price, a considerably good tech should be implemented or if it's not good tech, a high price is very overvalued.
Don't get me wrong, because when BNB is supported by its own bourse (Binance), in general the technology in the exchange will also be included in the BNB token even though not all of it is entered by the exchange, and for the problem of the high price of BNB it is pure because the devotees are very muchJust because it is backed by Binance, a large exchange?
For a high price, a considerably good tech should be implemented or if it's not good tech, a high price is very overvalued.
BNB market cap is going up everyday and the total volume is getting bigger. CZ is continuously promoting it and the new projects are coming. So the growth will be high definitely. Still it is in top three and we can consider it as the king of all coins and hopefully more projects will be coming through using bsc network. Then it will be easy to cross ETH too.
Well in my own opinion, BNB might be able to overtake Ethereum and become the undisputed King of the Alternative Cryptocurrencies. Now, for me that is realistic and might happen in the not so distant future. But to beat Bitcoin is something I am doubtful about. The acceptance of Bitcoin compared to BNB is without any doubt happening worldwide and that kind of global adoption is what makes Bitcoin superior to all altcoins. Only global adoption of Binance to different facets of Fintech might be the key for it to become the King of the coins.
This battle remains relatively tense as both projects continually devise their strategies, BNB with the advantage of new NFT events and trends while ethereum is racing very fast against the time for the upgrade event, they all offer the key points affecting investor sentiment, it is difficult to discern a win or loss in such a few moments, maybe we will wait a few more years. Of course, a few years from now, it's hard to see BNB and Bitcoin having a fight, sometimes bitcoin has gone to another sky and BNB just kept quiet for that moment.
Maybe BSC is now successful because they have created value through DEFI projects. They have a bridge to 100% matched ETH and attract projects on ETH to them. Currently, the ecosystem of BSC is still primitive and only exploding in the DEFI segment.
ETH has a long history of projects developing on their blockchain.
The DOT has a series of projects that will work on their chain in the future.
In my eyes, BSC is just a new project and copying ETH. BSC offers only a temporary solution for DEFI because of its good cost. When projects like SOL, ADA, DOT ... are completed, it will be the real rival of BSC.
We have not yet considered that ETH completed its network upgrade to POS completely.
ETH has a long history of projects developing on their blockchain.
The DOT has a series of projects that will work on their chain in the future.
In my eyes, BSC is just a new project and copying ETH. BSC offers only a temporary solution for DEFI because of its good cost. When projects like SOL, ADA, DOT ... are completed, it will be the real rival of BSC.
We have not yet considered that ETH completed its network upgrade to POS completely.
Maybe Ethereum can be surpassed by BNB but when it comes to bitcoin, he will have a very long time to chase but he probably won't be able to replace it as king of all cryptocurrency. Bitcoin has come a long way when it comes to value and it has a limited supply of 21Million compared to bnb with 200Million. But let's the demand decide about it.
A centralized coin cannot be the king of a decentralized cryptocurrency, not even the king of altcoins. Ethereum will soon run out of difficulties with high transaction fees and low scaling, after which many projects will return to its platform, or, in any case, new ones will prefer ethereum.
Ethereum will update soon and will reach new heights, including price and capitalization. BNB will not be able to overtake even ethereum, and even more so it will not reach Bitcoin.
Ethereum will update soon and will reach new heights, including price and capitalization. BNB will not be able to overtake even ethereum, and even more so it will not reach Bitcoin.
Why BNB, it doesn't have unique tech or why is it so valuable?
Just because it is backed by Binance, a large exchange?
For a high price, a considerably good tech should be implemented or if it's not good tech, a high price is very overvalued.
Just because it is backed by Binance, a large exchange?
For a high price, a considerably good tech should be implemented or if it's not good tech, a high price is very overvalued.
Separately, the BNB token cannot be considered, one must look at the entire ecosystem. Pancakeswap is the absolute leader in the BSC ecosystem, currently TVL $ 9.7 b and in the same Uniswap 8.2 b. Therefore, we can say with confidence that the BSC ecosystem dominates in terms of capitalization.
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