Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Binance Coin (BNB) => Topic started by: damsix on February 27, 2021, 12:08:08 PM
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I have felt pain, pleasure, or even touched my cellphone when I was small, which is the NOKIA brand.
But now NOKIA has disappeared from circulation because of its monotonous ideology and disliked by its users and if I'm not mistaken at that time NOKIA stubborn has not changed the operating system from Symbian which is very slow to Android.
Now we try to compare it with Ethereum which is very stubborn with very expensive shipping fees, which are more than Bitcoin transaction fees.
Even though the cryptocurrency was created to compete with FIAT shipping costs made by FeDex, Western Union, Visa or Mastercard.
If it's like this, Ethereum is always concerned with being selfish, will the end of Ethereum be exactly the same as NOKIA ?
And will the Binance Smart Chain grow to beat Ethereum like Android beat Symbian ?
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Binance has one big drawback compared to ether, which is the lack of decentralization. Although binance has several advantages over ether in other ways, for the majority it is still very important.
Therefore, I believe that Ethereum will not be like Nokia.
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Obviously it is true that Ethereum lossing it's popularity due to the high exessive Ethereum network fees. May be Binance coin will replace Ethereum position one day.
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It could be that Ethereum will end up like NOKIA because in the cryptocurrency world there is always a circulation of money that doesn't make sense.
Maybe today Ethereum dominates the market with samrtcontracts that are widely used throughout the market but with large fee constraints it will be a threat to Ethereum itself.
Slowly if Ethereum does not handle problems like this then Ethereum will slowly be abandoned by the community.
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You know that there's some names that have become compound names that every home and street must use, in the crypto world there's alot of competitive spirit in every of Cryptocurrency project, all must not be the same but some project owners try to do what they called copy cat because of lack of innovative ideas they use what they saw in other crypto currency project to build their own so for etherum is different from Nokia so they can never be the same.
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The popularity of Ethereum blockchain platform is constantly declining due to high gas fees. I can always see the popularity of Binance Smart chain. More BNB prices are rising. So it is definitely important for the cryptocurrency community. It is possible to make a profit by investing here. So all in all, the future of BNB is bright.
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The Binance smartchain is really good to adopt because the hives have really gone up and this is the first step towards investing in the Binance Smart Chain.
But Ethereum also still has experience, strength, community and strong supporters. So, it is likely that Ethereum is also premature to say it will end up like the Nokia company.
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BSC fame is just temporary. Binance is just catching the opportunity of their big community and rising fee of Ethereum. But as soon as ETH 2.0 will release ethereum will again go on its way it likely to become like Nokia. Binance used BSC to increase the price of their BNB token and they made millions from it i think.
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It could be that Ethereum will end up like NOKIA because in the cryptocurrency world there is always a circulation of money that doesn't make sense.
Maybe today Ethereum dominates the market with samrtcontracts that are widely used throughout the market but with large fee constraints it will be a threat to Ethereum itself.
Slowly if Ethereum does not handle problems like this then Ethereum will slowly be abandoned by the community.
Yes one day ethereum may end up like NOKIA but BSC doesnt have that much power to beat ethereum now. It is based on Ethereum and soon after the ETH 2.0 people will again start using Ethereum because most of the tokens are still based on Ethereum this is not so easy to beat Ethereum so early. It has a long way to go.
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It could happen, but I don't think Ethereum will be like that. Before everyone left Ethereum, Ethereum would have made changes and the Eth Gas Fee would be cheap again. It is true that now the BSC Network is very popular, but Ethereum lovers will not easily leave Ethereum if ETH is willing to make changes.
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I have felt pain, pleasure, or even touched my cellphone when I was small, which is the NOKIA brand.
But now NOKIA has disappeared from circulation because of its monotonous ideology and disliked by its users and if I'm not mistaken at that time NOKIA stubborn has not changed the operating system from Symbian which is very slow to Android.
Now we try to compare it with Ethereum which is very stubborn with very expensive shipping fees, which are more than Bitcoin transaction fees.
Even though the cryptocurrency was created to compete with FIAT shipping costs made by FeDex, Western Union, Visa or Mastercard.
If it's like this, Ethereum is always concerned with being selfish, will the end of Ethereum be exactly the same as NOKIA ?
And will the Binance Smart Chain grow to beat Ethereum like Android beat Symbian ?
with EIP and consurtium. either way ETH will evolve and have a game plan, smartcontracts is what makes them alive
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If you believe the forecasts, the price of Binance is projected at $ 1.72 in 2022, and in 2023 it is expected to rise to $ 2.09. I advise you to follow the news in the world of cryptocurrencies more often - https://www.binance.com / to always be up to date with the latest news.
It will then rise to $2.51 in 2024, projected to reach $3.15 in 2025. After that, the price of Binance will rise again to $3.45 in 2026. Gov Capital as a whole claims that the price of this asset can grow to $ 2,996 within 1 year, and within 5 years - up to $ 10,943.
That's the way things are. Believe these forecasts or not, but I always use information from reliable sources. I left you a link to the service, use it, and you will definitely not be disappointed, because it helped me a lot when I first started trading. Good luck to you
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Well until now ethereum still in the no. 2 spot in coinmarketcap so this mean Ethereum is still popular and there are some companies that they prefer ethereum platform to create their token, I don't know why.. Only the big whales can use ethereum network and we small time traders use BSC network because of course it's cheap you know.. Hope the ethereum gas will be fix in the next year.
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Well until now ethereum still in the no. 2 spot in coinmarketcap so this mean Ethereum is still popular and there are some companies that they prefer ethereum platform to create their token, I don't know why.. Only the big whales can use ethereum network and we small time traders use BSC network because of course it's cheap you know.. Hope the ethereum gas will be fix in the next year.
Yeah, Ethereum is still the best of altcoins and always be number second on CMC.
This coin has big community, As you said bug whales still believe in ERC20 platform than BSC.
That's normal.
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If you talking Ethereum become like Nokia, I think It might be.
If Ethereum didn't improve and solve the high gas fee problem, I think Ethereum will be replaced By binance
That's the prediction, just my prediction.
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If you talking Ethereum become like Nokia, I think It might be.
If Ethereum didn't improve and solve the high gas fee problem, I think Ethereum will be replaced By binance
That's the prediction, just my prediction.
Yeah You're right , I think If the etheruem developer didn't improve their projects, I think Ethereum will be like NOKIA.
Project and people will leave Ethereum at the coming years and migrate to alternate smart contract platform.
I like Ethereum and ERC20 project but hate expensive fee transaction.
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If you talking Ethereum become like Nokia, I think It might be.
If Ethereum didn't improve and solve the high gas fee problem, I think Ethereum will be replaced By binance
That's the prediction, just my prediction.
Yeah You're right , I think If the etheruem developer didn't improve their projects, I think Ethereum will be like NOKIA.
Project and people will leave Ethereum at the coming years and migrate to alternate smart contract platform.
I like Ethereum and ERC20 project but hate expensive fee transaction.
That's true, Ethereum will be leaved by many people like NOKIA.
Because we all know, many projects already migrated to binance smart chain and other.
But not easy to reduce expensive transaction fee, I don't believe Ethereum will have solution for this.
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If it's like this, Ethereum is always concerned with being selfish, will the end of Ethereum be exactly the same as NOKIA ?
And will the Binance Smart Chain grow to beat Ethereum like Android beat Symbian ?
I agree with your opinion, I think Ethereum will be leaved by many people as same as NOKIA.
Ethereum dev didn't improve their projects, and seems difficult to reduce their high gas fee.
I also believe binance smart chain will beat Ethereum at the next several years again.
We will see.
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No, Ethereum isn't going to be like Nokia who stuck with Symbian and didn't want to adopt Android and then ended up completely falling apart and lost. Ethereum is a clear proof of the development of Cryptocurrency, although it has a big problem with Eth Gas which is always high, indeed there are currently many other networks that can be an alternative. But the average Crypto on the Ethereum network has great potential, so they won't leave Ethereum forever.
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ofcourse Both are better. Both have their own advantages and differ on the platform. BSC the fee is cheaper and faster than the Ethereum network. Binance smartchain is good enough.this is what makes investors and developers turn to BSC.
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ofcourse Both are better. Both have their own advantages and differ on the platform. BSC the fee is cheaper and faster than the Ethereum network. Binance smartchain is good enough.this is what makes investors and developers turn to BSC.
I think Binance Smart Chain will beat Ethereum at the next coming years
Ethereum popularity will decrease because high transaction fee hasn't been solved by the team
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ofcourse Both are better. Both have their own advantages and differ on the platform. BSC the fee is cheaper and faster than the Ethereum network. Binance smartchain is good enough.this is what makes investors and developers turn to BSC.
I think Binance Smart Chain will beat Ethereum at the next coming years
Ethereum popularity will decrease because high transaction fee hasn't been solved by the team
Binance has potential to beat Ethereum, but it will take several years again.
It will happen if Ethereum developer don't solve gas fee issue.
Talking about Ethereum will be like NOKIA, I think It could happen.
Because we all know several projects migrated to BSC.
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If the Ethereum team doesn't solve expensive gas fee, Ethereum will be like NOKIA.
But I see Ethereum has good team behind their projects.
So I don't Ethereum will be like NOKIA, I believe vitalic buterin and team will solver their problem.
Let's wait Ethereum 2.0 progress.
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If the Ethereum team doesn't solve expensive gas fee, Ethereum will be like NOKIA.
But I see Ethereum has good team behind their projects.
So I don't Ethereum will be like NOKIA, I believe vitalic buterin and team will solver their problem.
Let's wait Ethereum 2.0 progress.
Better to wait Ethereum 2.0 progress at this year mate, than we predict something won't happen.
Because I believe Ethereum won't like Nokia, being leaved by many people.
I think Ethereum will exist and the team will solve their gas fee problem.
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I have felt pain, pleasure, or even touched my cellphone when I was small, which is the NOKIA brand.
But now NOKIA has disappeared from circulation because of its monotonous ideology and disliked by its users and if I'm not mistaken at that time NOKIA stubborn has not changed the operating system from Symbian which is very slow to Android.
Now we try to compare it with Ethereum which is very stubborn with very expensive shipping fees, which are more than Bitcoin transaction fees.
Even though the cryptocurrency was created to compete with FIAT shipping costs made by FeDex, Western Union, Visa or Mastercard.
If it's like this, Ethereum is always concerned with being selfish, will the end of Ethereum be exactly the same as NOKIA ?
And will the Binance Smart Chain grow to beat Ethereum like Android beat Symbian ?
No, I think Ethereum will never like NOKIA, I see Ethereum team has good progress for their projects and will be improved to solve their gas fee problem.
We also heard about Ethereum 2.0 ,.So , I think It's will be good way to solve the problems.
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I agree with several opinions above, I agree Ethereum will never like NOKIA .
Because their team always improve their project.
As we know about Ethereum 2.0, It's upgrade for ETH.
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With the huge update being rolled out, Ethereum is no longer lagging behind new blockchains like BSC, Cosmos, NEAR, Fantom, Avalanche… However, BSC is still the popular blockchain in the market, it includes Binance and key parts of the crypto ecosystem. I currently still prefer using BSC over Ethereum because its fees are really cheap.
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After the big update of Ethereum, we can believe that Ethereum will continue to be the big ecosystem in the blockchain market. Recently, BSC is also having problems with security and decentralization, Ethereum will have a good opportunity to rise up and regain market share from BSC.
Hopefully CZ will have solutions to develop the BSC ecosystem better this crypto winter.
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Blockchain technology is always updated every year and in my opinion ethereum has gone well by activating Beacon Chain.
Every new technology offered by other projects is almost similar to ethereum technology, namely Smartcontrack and EVM, this is what makes ethereum superior to other altcoins.