Will BNB become the king of all coins - page 29.

Moeda

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Quote from: Apened on December 25, 2019, 10:06:22 AM

Quote from: Moeda on December 25, 2019, 09:45:33 AM

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?

Maybe BNB will become the king of Altcoin, with the current condition of the world's investors have switched to BNB. After the launch of DEX BNB, more and more investors are investing in it. Transaction speed and low costs are also one of the reasons why investors stay afloat.

I don't see just because of that bnb will become king of altcoins there and there will be another new coin to enter the market. Maybe at some time bnb may become next to bitcoin but we can say if it will going to remain or not. Still its too early to say.

Do I have to smile at the current condition of BNB. I don't think BNB will become Bitcoin. Indeed, the influence of the Binance exchange is very large in the crypto world. But Bitcoin remains number one. Bitcoin does not control, in contrast to BNB.

Mihaylovic

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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.

forexandcryptoauditor

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Yes, I also think so. Looking at the increasing market capitalization of BNB, this is possible in the near future. Binance chain and Binance exchange which is number one at the moment is also driving it. There is no doubt of its top position in the coming months.

Doranile432

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Bnb token can never be the king of all altcoins because it usefulness ends on binance exchange, it can't be used outside the platform and its not recognised as means of payment, all its been programmed to do ends on the exchange itself

Vishnu.Reang

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As of now, BNB is trading at $14 per coin. The value purely comes from the popularity of the Binance exchange. However, nothing is constant in the world of cryptocurrency. Currently, Binance is the most popular cryptocurrency exchange. But who knows what will be the case in the future? There is a strong chance that some other exchange may topple Binance from the top position. What will happen to BNB then?

luckyflop

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Certainly BNB will not be able to become the king of altcoin. And so far I'm worried about the future of BNB because its price has collapsed so heavily compared to 2019. The current IEO is no longer so prominent and it cannot help BNB price to increase as before. Even the price of BNB is very difficult to achieve ATH in the future because today there are so many new exchanges and works as well as Binance, it will increase the competition between tokens of exchanges. The king of cryptocurrency is Bitcoin, and in the future there will not be any altcoin that can beat this position

Gheka

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Quote from: nicster551 on January 07, 2020, 08:08:20 AM

Might happen or not, we dont know what will happen in the future but as the way goes for Binance Coin we can see that they keep on building and expanding the utility of their coin. Many good projects have already switch their token on binance chain and continues to improve. If their rally will continue then we can see BNB become one of the best coin in the space.

Yes, they can become one of the best altcoins right now with their revolutions but the distance from one of the good altcoins to the king of these altcoins, it is quite large, and with normal conditions and developments like BNB right now, the chances are not too high. The value and position of bnb seem to depend too much on the activities and trade of binance, Binance coin can only grow at such a limited scope while many good altcoins are operating in a market-wide range, the force is too different.

BuNga_cute

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I'm sure BNB won't be able to become king of all coins, because only bitcoin can be king of all coins. And I doubt BNB can beat bitcoin.
But to be able to become king of altcoins, beating ethereum is still possible, because BNB developers are very active to continue to
make the BNB grow more. But to be the king of altcoins cannot happen in the near future, because it is needed a long process. Especially
ethereum is a tough one to beat.

skeleto88

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I doubt about it. Bitcoins will still and remain as the top coins to be ever released in crypto space. BNB is making a huge leap without a doubt it can only get better as times past, but i still not quite sure he it can even surpass ETH as the second best coin in the market.

nicster551

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Might happen or not, we dont know what will happen in the future but as the way goes for Binance Coin we can see that they keep on building and expanding the utility of their coin. Many good projects have already switch their token on binance chain and continues to improve. If their rally will continue then we can see BNB become one of the best coin in the space.

Natalim

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Quote from: stephanirain on January 06, 2020, 07:02:01 PM

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?

BNB has quite good overall performance and success in the industry. It do deserves to be among the top cryptocurrencies in the market but nothing is guaranteed to be the king all the time. There are a lot of possibilities and factors to play out. But what I can see is that Bnb had still a great future ahead along with other cryptocurrencies.

BNB is now below $15 but if this year it will end $30 dollars that would be alright but it's actually a very conservative prediction, I believe BNB will rise even higher as it's one of the strongest coin in the market, it could rise as high as we imagined as long as the market will recover and behave in a bullish way.

stephanirain

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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?

BNB has quite good overall performance and success in the industry. It do deserves to be among the top cryptocurrencies in the market but nothing is guaranteed to be the king all the time. There are a lot of possibilities and factors to play out. But what I can see is that Bnb had still a great future ahead along with other cryptocurrencies.

gedarchitect

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BNB will not be the KIng of all coins and can never be the KIng of all Coin, though the BNB Team are really working effortlessly to provide the best exchange but it can never be the kind of all coins. Bitcoin has really stood the test of time and has been condemned in so many ways yet its still waxing stronger day by day. The king of all coins that i know is BITCOIN and no altcoins can take it place

lousie9

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actually all cryptoqurrency also have the same hope to be the top coin in this market including BNB one of them. but talking about BNB is one of the giant altcoins besides ETH, in my opinion so far the BNB has developed well, even I personally have also added a collection of BNB for future investment.

Nolimitz84

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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 king of all coins is unlikely to become, but the liquidity of this coin will really only increase.Well, about the little commissions, if you know, a lot of coins can boast of that.

bitzizzix

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Quote from: poodle63 on December 25, 2019, 11:11:55 AM

Quote from: Bitbtc8 on December 25, 2019, 10:09:33 AM

Bnb can't be the king of all altcoins, it has a real use case for binance exchange which is why it's very profitable and a good choice for long term hold, I suggest to start buying exchange tokens because it's certain they will be profitable,

It can't because it has its own usecase and as you said that. people are just putting non sense prediction to the binance as this also happening with so many old altcoins in the past when people were putting big expectation even to surpass bitcoin. It will never happen.

When compared to bitcoin, it will never happen to replace him as the king of crypto.
BNB is altcoin which is an alternative to bitcoin and predictions of things like this have been around for a long time and until now and forever nothing can replace the position of bitcoin as the king of crypto.

GREENch

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Since the creation of this topic, enough time has passed and the conclusion (based on the current situation) seems obvious: at the moment "there can only be one King" and everyone else is still far from it, even with all the innovations that BNB is constantly implementing and expanding its functionality.

totoy4741

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Everything is possible, you can't really tell until it happens. All the things you see in crypto market right now came from nothing. I mean we don't expect something like good projects that made a strong start but ended up declining and or some projects that were projected to be failures but suddenly making waves and keep on soaring high. So there is always possiblity for everything specially binance is most known crypto exchange right now.

poodle63

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Quote from: Bitbtc8 on December 25, 2019, 10:09:33 AM

Bnb can't be the king of all altcoins, it has a real use case for binance exchange which is why it's very profitable and a good choice for long term hold, I suggest to start buying exchange tokens because it's certain they will be profitable,

It can't because it has its own usecase and as you said that. people are just putting non sense prediction to the binance as this also happening with so many old altcoins in the past when people were putting big expectation even to surpass bitcoin. It will never happen.

Smitty Werben Man Jensen

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Quote from: Bitbtc8 on December 25, 2019, 10:09:33 AM

Bnb can't be the king of all altcoins, it has a real use case for binance exchange which is why it's very profitable and a good choice for long term hold, I suggest to start buying exchange tokens because it's certain they will be profitable,

Of course there are risks, seeing the current exchange many are exposed to hacking cases, this makes centralized exchanges such as Binance or Bittrex could be threatened, if BNB does not die because it is possible BNB is one of the best coins for long-term investment

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