Will BNB become the king of all coins - page 2.

cheezcarls

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Quote from: bounty.cvn on June 27, 2019, 02:48:27 AM

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?

I know that this is another old thread, but I don’t think so. Despite that we’ve appreciate about BNB’s resurgence in price as well as more crypto, blockchain, DeFi, NFTs and other projects, there’s no way that it can become a “king” of all coins. It cannot overtake the almighty Bitcoin in market capitalization. Not even Ethereum can do that.

nurulhmani1280wat

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As we see in altcoin market like bnb, often used by all investors to exchange their coins, because this flotform is very cheap transaction fee or coin and token exchange fee, being the king of all coins, I think they need the most powerful support team and Developers have to be right - very serious competition with bitcoin because all altcoins are still following the bitcoin trend. Altcoins other than bitcoin that are king in the crypto market do not yet exist, only bitcoin is the only king of all altcoins.

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Quote from: nimogsm on January 07, 2022, 08:57:52 AM

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The opportunity to become king is certainly very possible, with rapid development of course making BNB will be king in the near future, if many NFT and Metaverse projects are successful I'm sure BNB will replace bitcoin.

I think bitcoin will survive this whole fashion trend of NFT and other things.Now projects are very actively using the binance chain and there is a lot of demand, but there are also alternative options with cheaper commissions that will no longer be able to make binance the king of the market.

bitcoin will still be the top coin, I firmly believe in that. however, even when ethereum ruled nearly all the altcoins of its time, it was unable to bring down bitcoin. i think that NFT will try to make bitcoin their universal currency. they need to adapt to bitcoin, and maintain it, because bitcoin affects almost all existing altcoins, even NFT. for example, currently the price of bitcoin is a dump, and almost all altcoins are dumped, even for hype things like NFT.
Personally, I think that BNB is a very good coin nowadays, even I have some BNB in my wallet. Unfortunately, I don't think BNB will outperform bitcoin someday.

ahmia39

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I hope BNB can become the king of cryptocurrencies beating bitcoin, this will make the market better than bitcoin, seeing current technology BNB is better than bitcoin, bitcoin's advantage is because it is the first so many developers choose bitcoin.

I laugh when you say this now Cheesy

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because in the past when there was no BNB no one said anything like that, but now you are the one saying it here, but the question now is Do you think if there is no BNB Bitcoin can exist ?
Even now BNB is also unable to increase when Bitcoin is still declining in the market.

kendedese

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low network fees are not enough to shift ETH from rank two or king of altcoins because the fact is that even though the network fees in ETH are very high there is no altcoin that has been able to shift ETH's position as the king of altcoins. in order to be able to shift ETH's position as the king of altcoins BNB must increase their popularity so that the BNB community and investors increase and the market cap of BNB also increases.

Frengki_cisco

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Quote from: bounty.cvn on June 27, 2019, 02:48:27 AM

With such successes do you think BNB will become the All coin king?

I have different beliefs for coins that have BNB potential including coins that are sought after in the crypto market, indeed crypto is hard to guess, today we say impossible, tomorrow it could be possible that the character of the coin.

Because BNB can at least be the vice king accompanying Bitcoin.

nimogsm

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The opportunity to become king is certainly very possible, with rapid development of course making BNB will be king in the near future, if many NFT and Metaverse projects are successful I'm sure BNB will replace bitcoin.

I think bitcoin will survive this whole fashion trend of NFT and other things.Now projects are very actively using the binance chain and there is a lot of demand, but there are also alternative options with cheaper commissions that will no longer be able to make binance the king of the market.

ahmia39

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Quote from: nurulhmani1280wat on January 04, 2022, 11:59:27 AM

Binance is a cryptocurrency exchange for buying and selling cryptocurrencies, making Binance the number 1 cryptocurrency exchange in the world according to Coin Gecko and Coin Market Cap. Currently, Binance has more than 15 million users with an average trading volume of $2 billion per day, but to become king, it just takes a long time to do this and it is impossible to become king of all coins.

The Binance exchange is indeed the best, but for the coin category in cryptocurrency it has a different direction so it is necessary to separate this from the exchange, so you can find out more fully, because cryptocurrency coins are still controlled by Bitcoin, while exchanges like Binance are only able to compete between other exchanges so that it becomes better.

nurulhmani1280wat

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Binance is a cryptocurrency exchange for buying and selling cryptocurrencies, making Binance the number 1 cryptocurrency exchange in the world according to Coin Gecko and Coin Market Cap. Currently, Binance has more than 15 million users with an average trading volume of $2 billion per day, but to become king, it just takes a long time to do this and it is impossible to become king of all coins.

Bitcoin is one of the best cryptocurrencies including ranked number 1 in all things crypto related, all altcoins are highly dependent on bitcoin movement.

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Quote from: gerryhartell on January 04, 2022, 10:45:21 AM

I don't know if BNB will be the king of all coins. But I like their platform very much. The volume is high. It has gained a lot of popularity. Fee is low. Transaction is very fast. I don't have any risk for this coin. Although King is a matter of time. It takes a lot of patience.

to arrive at the current achievement BNB did not get it easily. build partnerships and build trust from their community from the ground up. and BNB earns the trust of every holder.
Everyone's king is different. because I'm sure everyone has their favorite coin. like accumulating more BNB or BTC than any other altcoin asset. but seeing BNB beat the dominance of ETH and BTC I guess we should look at some different perspectives.

gerryhartell

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I don't know if BNB will be the king of all coins. But I like their platform very much. The volume is high. It has gained a lot of popularity. Fee is low. Transaction is very fast. I don't have any risk for this coin. Although King is a matter of time. It takes a lot of patience.

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Quote from: Orange89 on January 02, 2022, 07:21:28 PM

I personally think from here Bnb can grow more and it can easily surpassed 1000$ mark Also team had an burning concept which will also help the price of Bnb to touch that mark , In term of fees it's big competition will be ETH and somehow it is giving a great fight but still i am waiting for the ETH 2.0 and then again look will BNB be the King of all Coin

In my opinion, to be the king of altcoins won't depend on the price or transfer fees, it depends on the market caps. If BNB market caps can overtake ETH market caps, then BNB can be the king of altcoins. However, to overtake ETH market caps is not an easy thing. BNB must have bigger holders and the popularity must be better than ETH.

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I personally think from here Bnb can grow more and it can easily surpassed 1000$ mark Also team had an burning concept which will also help the price of Bnb to touch that mark , In term of fees it's big competition will be ETH and somehow it is giving a great fight but still i am waiting for the ETH 2.0 and then again look will BNB be the King of all Coin

ahmia39

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Many people overthink Binance, the big question is what benefit will we get if BNB becomes the king of all coins? whether to make our assets increase 10x or 100x, it is better for us to focus on increasing assets than thinking about unimportant things.

If every asset is located on the Binance exchange and most of those assets are BNB, then it doesn't hurt to think about that and I think it's a very reasonable thing to think about as well from now on because if BNB can increase sharply, generally an increase in the amount asset value will also occur and this is a very good thing and one that everyone wants too.

kendedese

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Quote from: nurulhmani1280wat on December 24, 2021, 05:26:32 AM

I think binance smartchain is just one of the third largest exchange platforms after bitcoin Ethereum. This coin is widely used by companies when they build projects in terms of their token exchange, so to become a ruler in the crypto market is not possible because the developer of this coin still takes a long time, So I can say that BNB is a good investment coin.

Many people overthink Binance, the big question is what benefit will we get if BNB becomes the king of all coins? whether to make our assets increase 10x or 100x, it is better for us to focus on increasing assets than thinking about unimportant things.

if BNB becomes king of all coins of course the assets I have will increase drastically because most of the assets I currently have are in the form of BNB/BSC. currently a lot of new projects are on the BSC network and I'm sure most of them will convert those new altcoins to BSC. in other words if the price of BNB rises drastically and becomes the king of coins it will certainly have a huge impact on the assets of most people.

bengsabeng

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Currently BNB is the most potential altcoin to replace ETH as the king of altcoins, but replacing ETH as the king of altcoins will not be easy because currently BNB's market capitalization is far below ETH. currently transaction fees on the BSC network are the lowest and currently many new projects are opting for the BSC network, besides that BNB/BSC is also supported by the largest exchange called Binance. with that reason why I say that BNB is the most potential altcoin to replace ETH as the king of altcoins.

ahmia39

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Quote from: ALLON2017 on December 23, 2021, 04:49:15 PM

No it wont , This will sound crazy to you now, but either the TAG from Tagcash or the TAG from Tagprotocol will dominate the payment system. Watch this space

When can it dominate payments ? and in terms of what payments he can dominate because now there are many payment systems that everyone has to understand so you have to explain this in full.

nurulhmani1280wat

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I think binance smartchain is just one of the third largest exchange platforms after bitcoin Ethereum. This coin is widely used by companies when they build projects in terms of their token exchange, so to become a ruler in the crypto market is not possible because the developer of this coin still takes a long time, So I can say that BNB is a good investment coin.

ALLON2017

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No it wont , This will sound crazy to you now, but either the TAG from Tagcash or the TAG from Tagprotocol will dominate the payment system. Watch this space

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Quote from: Muslimin mj on December 23, 2021, 03:41:44 PM

the king of all coins is Bitcoin. but if you mention the king of all ALTCOINs then I say yes. because bitcoin no one can compete. however Ethereum can still be rivaled by Binance at this time. we can see the current popularity of Bnb which is getting more and more enthusiasts and users of the Binance smart chain. and binance has such a large volume that it has a chance to become the king of all altcoins. 1 level below bitcoin.

BNB is the coin which is supported by Binance, and they always push the coin cause it is their native token. On the other hand, Ethereum has much more real-life uses, many projects are running on Ethereum smart contracts and it is a sleeping giant. The only reason for its popularity is Ethereum blockchain is the oldest and dev are well educated to develop their projects on Ethereum blockchain than other alternative blockchains. As it is older, it is also the most advanced in terms of security and reliability. Although the fees are much higher here but you know, people give more priority to security than fees. I think Ethereum is much stronger and more durable than BNB.

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