Will BNB become the king of all coins - page 28.

Diamond_Darrell

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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?

Of course, since there are eights in the number, this is a sure sign that good always wins, evil and bad guys always get what they deserve. If you trade on such indicators, then you will be rich-rich. But seriously, BNB is certainly a good token, but it is not clear by what criteria to evaluate whether a good token is not.

Crypto5060

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At one point BNB looked like it was going to take over other coins, in market cap and usability but the run didn't last for too long. The owners of Binance has the key to making BnB formidable and until they unlock it, it won't really be topping the market.

Mianae

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BNB is a utility token let us not forget this fact and as such it can only be used for futures related to the exchange activities. Because its a utility coin, it can't be the king of all coins as other platforms can't use it. Btc and Eth will always remain the king to me.

Marble777

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I don't think it's possible for BNB to replace or become the next bitcoin, as we have seen that from the beginning until now there is not a single coin that can replace the position of bitcoin, even if it's ETH. but I personally do not doubt BNB, because BNB is an altcoin that has great potential for future investments.

OasisDre

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Investing in coins from a very good exchange like bnb or others is always a good move unless the exchange team have no use in place for the token, bnb token is useful for the exchange platform that's why it's a good token to buy but outside the exchange it has no use, this means it can't top other coins like ETH or even EOS

ije07

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although BNB is one of the giant altcoins after ETH, but I'm not really sure whether BNB can be the next bitcoin? I think Bitcoin is one of the best cryptoqurrency and will always dominate in this cryptoqurrency industry. but if you want to invest in altcoin, I think BNB is worth investing.

gwaposakon

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I still think that even with the development of BNB, it will not outrun Bitcoin as the king of cryptocurrencies. Being first, btc has a lot of supporters already and is being used by many. BNB is gaining support also but mostly in thr Binance ecosystem. Still a long way for BNB.

bison

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Quote from: kynaz on January 30, 2020, 09:32:22 AM

Quote from: ATSgrowth on January 30, 2020, 03:37:46 AM

Binance Coin is a king because it has various possibilities of use. It is a gas for Binance Chain, same like Ethereum. It can be used on every Binance product such as CEX, DEX, lending and staking. Do you know about other altcoin with so many use cases?

BNB really has a lot of features in investing and it is certainly an investment that can bring a great profit to investors if people choose to invest in the long term. However, this coin is still not comparable with Bitcoin because Bitcoin has an important role in this market and all altcoins are very much dependent on the price of Bitcoin. In addition, BNB needs to surpass Ethereum because this is an opponent that BNB can beat in the near future.

BNB is still very young for us to predict like that. and in the future, we don't know what will happen with the binance platform. we know that there are more and more exchange platforms and when there is something better then it will be bad for the binance and the BNB market.

kynaz

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Quote from: ATSgrowth on January 30, 2020, 03:37:46 AM

Binance Coin is a king because it has various possibilities of use. It is a gas for Binance Chain, same like Ethereum. It can be used on every Binance product such as CEX, DEX, lending and staking. Do you know about other altcoin with so many use cases?

BNB really has a lot of features in investing and it is certainly an investment that can bring a great profit to investors if people choose to invest in the long term. However, this coin is still not comparable with Bitcoin because Bitcoin has an important role in this market and all altcoins are very much dependent on the price of Bitcoin. In addition, BNB needs to surpass Ethereum because this is an opponent that BNB can beat in the near future.

malikg18

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BNB will not be the King of all coins. King of all coins is only one that is Bitcoin.
BNB is an altcoin like other altcoins. BNB is not Decentralized.It is totally contorlled by the BINANCE Exchange.It's value may be increased but it will not be the King Of Bitcoin.

fuer44

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it's possible, especially if you look at transaction costs that are so cheap. I think people will start buying binance coins when they know the number of transactions that occur and the transaction costs are cheap, because in general crypto coins will always go up if the transaction intensity is high. but we also have to look at how etherum will move, and other coins like bitcoin cash and bitcoin sv which also experience good graphics. binance will compete with the top altcoin.

red4slash

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Quote from: ATSgrowth on January 30, 2020, 03:37:46 AM

Binance Coin is a king because it has various possibilities of use. It is a gas for Binance Chain, same like Ethereum. It can be used on every Binance product such as CEX, DEX, lending and staking. Do you know about other altcoin with so many use cases?

in the case of many uses, their platform managed to get a lot of good feedback from users.
But in its competition, BNB must pass many rivals in the market and also the volume to reach the king of altcoin which is still held by eth.

ATSgrowth

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Binance Coin is a king because it has various possibilities of use. It is a gas for Binance Chain, same like Ethereum. It can be used on every Binance product such as CEX, DEX, lending and staking. Do you know about other altcoin with so many use cases?

Dpat

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Before BNB evolution there are many crypto exchanges are already evolved and most of them also a good exchange. If you are talking about the BNB coin then it is definite that in the future date this coin must outperform among all other top coin. This because of heavy trading volume in the BNB exchanges which earned the more commission by this exchange.

ntsdm1

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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?

The success of BNB clearly does not depend on the amount of the Commission,but nevertheless this approach will attract even more traders to the exchange.

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Quote from: Mihaylovic on January 07, 2020, 01:20:21 PM

i agree that bitcoin will not be the only king forever. a better solution is going to take its place sooner or later. But will it be bnb? i dont thing so. bnb may be very profitable but not an alternative to bitcoin.

For me, bitcoin will remain the king of all coins for a long time and at the moment I have not seen the price movements of other coins that make it possible to beat or change the position of bitcoin, it is true that bnb is a good coin and has the potential to give we profit, but to be the king of all coins I think it is still too fast and not yet.

aomakun

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Quote from: Teraboy on January 29, 2020, 09:21:19 AM

Quote from: Mihaylovic on January 07, 2020, 01:20:21 PM

i agree that bitcoin will not be the only king forever. a better solution is going to take its place sooner or later. But will it be bnb? i dont thing so. bnb may be very profitable but not an alternative to bitcoin.

This is the same when so people have predicted the future of binance will be ethereum killer but this time it's not yet proven. BNB may become a very good alternative coin to invest caused by it's having various products. Bitcoin still remain the king for the whole of crypto ecosystem. I think People were overhyping binance coin in the past.

The dominance of BTC affected badly to general development of altcoins but the ROI is still high for altcoin investors. BNB has higher demand due to the obvious reasons and the ROI of BNB is directly correlated with Binance's performance. Hype days were over, now it is time for stable, healthy growth.

BNB does have potential because their platforms support it, besides that currently BNB has become one of the coins used for investment. besides that, the correlation with BTC is quite good which makes me also believe to take a place to invest in it, and in the future I am also pretty sure that BNB can survive.

Captain Corporate

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Its just simple as what the binance team planning on bnb, if they actually increase the number of things you can do with it and they keep on burning it, well it will definitely make people a lot of money of course. Trading fee's are what an exchange make money from and I understand people pay their fee's with BNB is working both for them and against them, them having a coin that worths a lot of money is great for them but they are also burning millions of dollars worth it and they can't really dump it neither to make money because they would hurt their own coins. So I assume they will do everything in their power to increase the price of it and thats why I really trust it at least rivaling the top places.

Ethereums

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Quote from: Teraboy on January 29, 2020, 09:21:19 AM

Quote from: Mihaylovic on January 07, 2020, 01:20:21 PM

-snip-

This is the same when so people have predicted the future of binance will be ethereum killer but this time it's not yet proven. BNB may become a very good alternative coin to invest caused by it's having various products. Bitcoin still remain the king for the whole of crypto ecosystem. I think People were overhyping binance coin in the past.

yup i believe that too. BNB only overhype in the past. They only works as exchange coin. Same as cryptopia when using their coins as fee listing. And u know what better, cryptopia gets hacked and so far people still waiting the news. BNB could only goes far as king of token on his own exchange, but outside that they only can be assume as arbitrage by other exchanger which happening right now. BNB still maintain their tokens price with burn recently by his owner ( CZ ).

Teraboy

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Quote from: Mihaylovic on January 07, 2020, 01:20:21 PM

i agree that bitcoin will not be the only king forever. a better solution is going to take its place sooner or later. But will it be bnb? i dont thing so. bnb may be very profitable but not an alternative to bitcoin.

This is the same when so people have predicted the future of binance will be ethereum killer but this time it's not yet proven. BNB may become a very good alternative coin to invest caused by it's having various products. Bitcoin still remain the king for the whole of crypto ecosystem. I think People were overhyping binance coin in the past.

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