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I think Binance is raising the price of BNB to be # 2 on CMC. Entering the stock market in the future can also be seen as one of the reasons.I doubt if bnb can ever make it to #2 on CoinMarketCap, even with the massive burning I feel like the only edge Binance Smart Chain have over Ethereum now is just the low fees which Ethereum 2.0 will easily fix that, once eth 2.0 is released BSC will no longer be over hyped like it is now.
Forgot to mention one more point - investment. True, of course, this is not for everyone, but nevertheless. This is most likely the most profitable and relatively safe way.I can't agree less, investment is one of the best way to make good profit out from crypto, it's just like buying a coin at the dip before it starts pumping, there's this coin I missed UCT the IEO price was about $0.02 at latoken after it got listed on the 15th of this month and its currently trading at $0.4+, really sad I missed that train
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Totally agree with you on this, bnb is great but even if it eventually gets to $1000 it's still no match for Ethereum, bnb should be compared to current eth network cause the after the upgrade to eth 2.0, the ETH devs promised it will fix all the problems in the current eth network, and as far as I know Binance is just a copycat of Eth blockchain they just added some features nothing too special about BSC unlike like eth 2.0 update which everyone is waiting for.You are a lucky person because you have quite a lot of BNB coins, and there are people who are steadfast in your stance to hold onto BNB tokens.
if I look at BNB is a token that will crave in the future, because with good graphics and now there are also many new coins that use the BNB platform.
I think in the future BNB can shift ETH if it is consistent as it is now. and BNB costs are also cheaper than ETH.
Even if BNB reaches $ 1000 it will still not overtake ETH in the MC. And anyway, ETH is a lot more progressive and is being further developed.
Don't underestimate the ETHEREUM
Cryptocurrency is a digital currency which is designed & expected to be operated, spent digitally, presently we have USD as the major value of it's distribution, most of us could transact daily after converting or cashing it out in our individual country's currency. USD is a fiat currency value.If crypto currency should mint out their own coin or not,it has possessed a fiat value, Do you think crypto can actually do away with fiat totally?Well in my own opinion I don't think there's anyway we can do away with fiat, since crypto cannot be spent or used without being connected to a working Internet, this is one of the major hassle with using cryptocurrency no Internet no way to carry out transactions, unlike the fiat with is a physical money and can be used effectively for short distance transactions and it doesn't need an Internet connection, for now fiat will always be used faster medium of exchange, maybe if someday crypto can be used with the Internet then we can definitely do away with fiat.
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