Will BNB become the king of all coins - page 22.

Vishnu.Reang

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Quote from: kramchers on April 19, 2021, 06:11:35 PM

If BNB is shit centralized coin, how the hell happened now that its price kicked at around 509$ each now according at the https://coinmarketcap.com/currencies/binance-coin/, meaning this BNB is not a shit though it is a centralized been hacked several times
resolved the issues for a short period of time as well, then after that this was happened now because of the BSC.

Anything is possible in cryptocurrency market. Now a coin that was originally crated to mock the whole idea of cryptocurrency (Dogecoin) is the 5th largest asset in the market, with a market capitalization of $50 billion. Compared to that, the $80 billion market capitalization of BNB is perfectly defendable. But all that said, I don't think that BNB can have a higher market capitalization compared to Coinbase ($64 billion as of yesterday). So going by that number, BNB is overpriced by some 20%-30%.

Altcoinsintel

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I was not correct when I assessed the potential of BNB, when it was lower than $100 and at a time when the market bullish momentum started.
I made mistake to think that BNB had reached the top, while it was very early, and I acknowledge this fact.
This coming from someone that had invested back when it was just a few dollars price. No matter the warnings and the research, often we have to risk some more.
I will not predict anything else about BNB as I was very wrong about it and missed a good chance.

shogun47

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Quote from: shogun47 on April 19, 2021, 07:51:02 PM

Can you define "king"? Is there such a coin that should be called king? Would you say that a motor bicycle is king compared to a Mercedes Benz? Would you say that a sports car is king compared to a Land Rover?

Your comparison lacks substance everywhere. BNB is a totally different coin than Bitcoin or anon coins or utility tokens or whatever.

It doesn't make sense to compare these coins to each other.

I agree, if he says only for altcoins maybe it can happen but for all BTC coins it remains superior and will always be on top, I wonder why he thinks like that whether he puts all his money in bnb, even if he says so it must have real consideration .
and again if asked everyone they will know better btc than bnb.

Even for alt coins it doesn't apply. If you want to use an anonymous coin, you may use Monero. If you want to save transaction fees, you may use Bitcoin Cash or some other coin with low fees.

If you want to use the most secure network out there, you probably will use Bitcoin and accept high fees. It really all depends on the purpose you have in mind.

You can compare very specific attributes, for example the effectiveness of existing anonymity protocols. Compare Zcash to Monero (if you are able to Wink

). That might make sense, but anything else doesn't make sense to me.

bitLeap

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it's too early to pronounce binance will be the king of crypto. become the king of exchange, yes! for now. but to become the king of crypto there are still many challenges to face.

shogun47

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Can you define "king"? Is there such a coin that should be called king? Would you say that a motor bicycle is king compared to a Mercedes Benz? Would you say that a sports car is king compared to a Land Rover?

Your comparison lacks substance everywhere. BNB is a totally different coin than Bitcoin or anon coins or utility tokens or whatever.

It doesn't make sense to compare these coins to each other.

tiCeR

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Quote from: kramchers on April 19, 2021, 06:11:35 PM

Quote from: Pffrt on June 27, 2019, 02:27:36 AM

You must have read the term centralized, decentralized. BNB is shit centralized coin. Regarding fee, you still can send huge amount with lower fee in bitcoin but I know that will be huge slower, bt after Lightening Network implementation, fee will be reduced hugely.

If BNB is shit centralized coin, how the hell happened now that its price kicked at around 509$ each now according at the https://coinmarketcap.com/currencies/binance-coin/, meaning this BNB is not a shit though it is a centralized been hacked several times
resolved the issues for a short period of time as well, then after that this was happened now because of the BSC.

Calling it a centralized shit coin is weird. It is true that it is centralized, but as far as I know they are working on changing it later on. As reputable as Binance is there is no reason right now to not trust in what they claim for the future. They have always delivered on their promises.

The company is solid and that is what counts to me.

sayaya17

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I do not think so, I think BNB is still inferior compared to ethereum. Ethereum is still the king of the first altcoin and it has indeed been proven from the performance and seriousness of its CEO so far Vitalik. But if BNB wants to be the king of altcoins, maybe BNB should overtake Ethereum which is in second place CMC.

kramchers

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Quote from: Pffrt on June 27, 2019, 02:27:36 AM

You must have read the term centralized, decentralized. BNB is shit centralized coin. Regarding fee, you still can send huge amount with lower fee in bitcoin but I know that will be huge slower, bt after Lightening Network implementation, fee will be reduced hugely.

If BNB is shit centralized coin, how the hell happened now that its price kicked at around 509$ each now according at the https://coinmarketcap.com/currencies/binance-coin/, meaning this BNB is not a shit though it is a centralized been hacked several times
resolved the issues for a short period of time as well, then after that this was happened now because of the BSC.

harapan

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Bnb is looking strong and we can't deny it has pumped crazily during this bull run, but it's still has a long way to go to be called king of all cryptocurrencies, bitcoin is still the king of all coins for as long as I can tell, why would anyone think bnb will be king of all coins, just because transactions done with it are faster and the gas fees are cheaper, bitcoin will remain king of all cryptocurrencies and eth will still remain king of altcoins for now, bnb is good but we can't say it's the king for now.

armanhusni

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I think it will never happen, ethereum will continue to lead all altcoins and always be the king of Altcoins and I think there is no room for BNB to lead altcoins .. Cheesy

konflikkastil

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One thing I know for sure is that no king reigy forever, and the case of ETH is never going to be an exception to that. ETH has rule. BNB has been doing great lately to be sincere the gas fee has been so reasonable. This is the major reason I think BNB can cause a major change of lot of developers finally made a decision to migrate to the BSC. With what I'm seeing, I discussed this with a few friends last week, and then I knew people are already making plans. BNB to the world.

manok jepang

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BNB is one of the best altcoins this year, where the growth is very significant and promising, but BNB cannot be the king of all coins , because there are still BTC and ETH that are still the rulers at this time , BNB can not possibly beatinge popularity of BTC which is parent of all altcoins, maybe BNB can compete with ETH but binance needs time to surpass etherem, because etherem is the second greatest altcoin after BTC,

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BNB has great potential and advantage because it has a charismatic creator who showed a lot of innovation and a great entrepreneurial spirit, if that entrepreneurial spirit that the creator of BNB has to continue and he will expand BNB so that it can be used as a means of payment in many countries then in the distant future it may be possible for BNB to outperform bitcoin. bitcoin will not be king forever as some people think, not as long as it has a high transaction fee.

Quote from: gabbie2010 on April 19, 2021, 05:00:44 AM

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I think that even we have seen a very promising development in just a short period of that this bnb have done, I dont think that it can surpass the king of all the coins which is bitcoin and for me bitcoin will always be the king of all the cryptocurrencies.

No altcoin can surpass Bitcoin be it in terms of market capitalization and daily volume traded this is just the normal media hype about BNB taking over Bitcoin, although BNB may later move closer to ethereum with the massive adoption of BSC by many projects which serve as a better alternative to the high cost of eth transaction gas and it scalability issues.

this reign of bitcoin will not be forever, the world has already shown proof that nothing is forever, 10 or 20 years from now things will be different and there will probably be another king

gabbie2010

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I think that even we have seen a very promising development in just a short period of that this bnb have done, I dont think that it can surpass the king of all the coins which is bitcoin and for me bitcoin will always be the king of all the cryptocurrencies.

No altcoin can surpass Bitcoin be it in terms of market capitalization and daily volume traded this is just the normal media hype about BNB taking over Bitcoin, although BNB may later move closer to ethereum with the massive adoption of BSC by many projects which serve as a better alternative to the high cost of eth transaction gas and it scalability issues.

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Quote from: bounty.cvn on June 27, 2019, 01:48:27 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?

If your basis for the success of a coin to become a king of altcoins is in lucky numbers like the number 8 seen in the transaction you've said i think some will disagree. For me, a coin will only be successful if the community supports it, which is also possible for bnb because bnb also have huge supporters right now like other top 10 coins on cmc .

kotajikikox

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Quote from: bounty.cvn on June 27, 2019, 01:48:27 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?

Binance Coin (BNB) is nearing that level now ranking as 3rd highest currency and closer to EThereum , i think this will not take long before taking the advantage because Ethereum now is losing momentum and believers because of Unexplainable amount of fees that almost the same and sometimes even higher than Bitcoin transaction fees.
Hope this will be resolved or will become loser sooner.

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Quote from: Vinaa77 on April 18, 2021, 02:26:35 AM

No.BNB Still under development for BSC. Because now there are so many projects that are indicated as scam, almost 70% in the BSC . It cannot be said that for now BNB is the King of Altcoins. the right one is Ethereum. because in terms of the platform that has been running for more than 2 years and also the ecosystem has been so large and proven. between ETH and BNB is still quite a distance if we compare

Even ethereum is like that. many scammers are taking advantage of ethereum. I think, talking about scammers, then scammers will also evolve with developments. if BSC is going to replace ethereum, then scammers will also take advantage of it. however, the potential for BNB is still huge to now replace ethereum. We know that many projects are currently developing their projects on the BSC platform, and that benefits BNB.

amihada

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I am more confident about coin eth to become king of altcoins compared to BNB coins as long as I monitor altcoins if the altcoin ETH price goes down, all other altcoins go down too. The BNB altcoin coin is currently being discussed a lot, it doesn't mean that BNB is the king of other altcoins.

BaeSuzy

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I don't think so, I still believe in ethereum and let's see how good ETH 2.0 is and for the matter of fees ethereum will definitely be able to adjust it.

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Quote from: Sendi blackspade team on April 17, 2021, 11:50:08 PM

My BNB looks at it as a runaway because of the eth about its vibes, because BNB only has 200 nodes worldwide and that's too few to be an altcoin king, and that puts security down. If the problem of costs on eth is resolved, many will return to eth and override BNB.

Besides some tweets, CZ promotes "BNB" financial advice. That's how a coin can't be a king of altcoins. I'm assuming that Binance could gain first position in a smart chain, but that won't last long. Even recently Binance Smart chain transaction cost was down two times, but there I have a strong negative point.

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