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Author Topic: Can Binance beat Ethereum  (Read 5717 times)

Offline BestEarningTips

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Can Binance beat Ethereum
« on: July 12, 2020, 06:24:30 AM »
Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain.

But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.

Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.

Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.

We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.

Binance Exchange
Binance DEX
Binance Chain
Binance Fiat services
Binance Launchpad
Having giant partners

Binance coin will make history buy using like these above mentioned features and many more.

I think someday BNB will beat ETH, What you Think :o
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Can Binance beat Ethereum
« on: July 12, 2020, 06:24:30 AM »

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Offline CryptoYar

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Re: Can Binance beat Ethereum
« Reply #1 on: July 12, 2020, 06:30:43 AM »
i think ether is best coin futuer

Offline Leonardo

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Re: Can Binance beat Ethereum
« Reply #2 on: July 12, 2020, 06:53:44 AM »
Binance Exchange
Binance DEX
Binance Chain
Binance Fiat services
Binance Launchpad

Binance coin will make history buy using like these above mentioned features and many more.

I think someday BNB will beat ETH, What you Think :o
Among above products/services, only Binance Exchange is doing well. I don't find any achievements of the rest, especially Binance Chain and Binance DEX. That's not to mention as long as IEOs trend is fading away, Binance Launchpad will also be dimmed. ETH's marketcap is now 13 times higher than BNB, that's a big difference. I thinke BNB migh tak BCH, BSV or even XRP's place in the future but it's unlikely to take ETH's place. Also, it would be unreasonable if BNB ranked second after Bitcoin in term of market cap. That place must belong to ETH after what it contributed to cryptocurrencies.
« Last Edit: July 12, 2020, 06:56:12 AM by Leonardo »

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Re: Can Binance beat Ethereum
« Reply #3 on: July 12, 2020, 09:57:40 AM »
I am not seeing a future when BNB will be able to kick Eth as the second largest cryptocurrency existing. I am sure that as BNB can be growing so does the Ethereum network. Hope that one day Vitalik Buterin can see the beauty of getting also into the exchange business and by then let's see which of the two coins will be doing well.

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Re: Can Binance beat Ethereum
« Reply #4 on: July 12, 2020, 10:49:51 AM »
Everything is of course possible, but not at the moment, and I think that binance coin is developing its technologies and capabilities very quickly and I don’t notice this from other altcoins, so anything is possible in the future.
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Re: Can Binance beat Ethereum
« Reply #5 on: July 12, 2020, 11:19:09 AM »
I think binance is much better. In this case, I do not think binance dex and binance chain is big. I don't think there is any achievement in binance dex and binance chain. The current ETH costs much more than binance. However, if the binance coin exceeds the value of eth, it will not be good. Because ETH or other coins have pairs. However, the price of BNB should be a little higher but it is not higher than the price of eth. However, LTC and XRP should be more than these. I don't think about ltc and XRP. However, the condition of BNB is much better than these. So I will support BNB instead of XRP and LTC. Of course BNB will be in a better position.

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Re: Can Binance beat Ethereum
« Reply #6 on: July 12, 2020, 03:58:57 PM »
Indeed, Binance is a rival that threatens its position in the crypto capitalization table with any project. Binance is currently the largest crypto exchange in the world, the fastest in the world, they have their own blockchain and it is really very effective in providing liquidity for assets on the exchange. However, for me, the BNB token temporarily cannot compete with ETH on capitalization, as well as the Binance Chain blockchain cannot replace Ethereum.

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Re: Can Binance beat Ethereum
« Reply #6 on: July 12, 2020, 03:58:57 PM »


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Re: Can Binance beat Ethereum
« Reply #7 on: July 12, 2020, 04:06:22 PM »
At first I thought binance is only limited to Exchange but as the years go by, they are now trying to create a smart contract under binance chain but for me, Binance cannot easily beat ethereum and it will take years for binance to overtake ethereum.

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Re: Can Binance beat Ethereum
« Reply #8 on: July 12, 2020, 04:53:30 PM »
We all know that Binance coin (BNB) price is doing well in terms of price stability because it was attached to the popularity of the Binance exchange thats why It was surprise me at all, But beating Ethereum is another story, Ethereum still the smart contract pioneering platform and It will not be easily defeated.

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Re: Can Binance beat Ethereum
« Reply #9 on: July 12, 2020, 05:22:57 PM »
It is really hard to say about that because nowadays anything can happen. But Bnb coin has a huge potential. Let's see what it will bring to the crypto world.
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Offline Jaguar

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Re: Can Binance beat Ethereum
« Reply #10 on: July 12, 2020, 05:37:30 PM »
In my opinion BNB will do more success like ethereum did. Interesting that BNB expanding their project to get more investors. The more they make new system the more they attract and get new support from investors. Let assume one day BNB will surprise the world.

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Re: Can Binance beat Ethereum
« Reply #11 on: July 12, 2020, 06:07:44 PM »
I think it's possible in the future, binance is very succesfull with their own coin and recently the price is climbing. For now i think it's difficult to defeat ethereum as it's has been used and adopted by many people.

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Re: Can Binance beat Ethereum
« Reply #12 on: July 12, 2020, 06:57:45 PM »
If look at it from the investor's perspective, Ethereum is better than Binance, it can be said that Ethereum is "the father of smart contract" and Binance is a follower.
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Offline Istiak

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Re: Can Binance beat Ethereum
« Reply #13 on: July 12, 2020, 07:16:06 PM »
Binance Dex is lack of enough liquidity. BEP 2 is not that popular as ERC 20 is. EThereum blockchain is still dominant over the market and most of the new project issuing their token by using the Ethereum smart contract address. But I think BNB has enough potential to beat Ethereum in the future because there are a lot of sectors where BNB can develop and give a better service.
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Offline Lanirex

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Re: Can Binance beat Ethereum
« Reply #14 on: July 12, 2020, 08:39:03 PM »
I prefer Ethereum, the current Binance Coins do show positive changes and improvements but that is still far below Ethereum.  Meanwhile, if the price of the BNB goes up, the prices of other Altcoins like Ethereum also go up. Because Binance price changes are also affected by changes in the price of Bitcoin even though it is indirectly. The point is I'm not sure that the Binance Coins will be able to defeat Ethereum in the future, Ethereum is too strong to defeat.

 

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