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Messages - Legion

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61
Binance Coin (BNB) / Re: BNB surged to no. 4 (nope no. 3)
« on: April 06, 2024, 07:28:07 AM »
Yes, BNB's position was indeed taken over by SOL. but that was only for a moment. Then, BNB rose again to 4th position and until now, it has not been shaken. It cannot be denied that SOL is a fairly strong competitor. However, SOL can be said to be quite cheap compared to other top coins. However, this does present various advantages that can really make Solana rise very significantly.

But, BNB still the one, in no 4.
It seems like now they [BNB and SOL] are taking over each other from course this has a very positive side, because there is competition to give each other the best contribution, and their communities will provide encouragement, so they can perform even better. But for investment, BNB is still the target. That doesn't mean that SOL isn't also a target for investors at the moment, because the price is still relatively cheaper than BNB, so the opportunity to own it in units will be possible.
I think there will be benefits for investors with this, and it will be very profitable for them too.
BNB remains the best because some time ago Solana was detected shutting down its network again, thus causing all Solana transactions to be slightly disrupted, but now that it is back online, Solana must continue to make its network stable for use because they already have many investors who have entered their platform .

62
The implementation is already on the whitepaper, and it is being carried out continuously, and to date, it has been carried out for the 26th time in January 2024 and more will follow.



This method is very effective in maintaining supply and allowing prices to continue to increase and has been proven. Currently the price is at $582, it is possible that after the halving a renewable ATH will be formed.
That's right, by reducing the supply of BNB it will increase the price because it will be increasingly difficult to get BNB, therefore by providing a regular burn schedule you can increase the price of BNB even though the process is gradual.

63
Binance Coin (BNB) / Re: I Am Now Into BNB: Happy, Hoping, Doubting
« on: April 06, 2024, 07:20:29 AM »
Some people are predicting that BNB has the potential to go for the $1000 goal at the right time...now though I really doubting that am hoping that it can happen. What do you think?

Let's hope that we see BNB @$1000 this time around. It may not actually happen this year depending on the momentum of Bitcoin price too, because we know that most of those altcoins usually move in respect to BTC price pump. I am bullish about BNB coin that it is going to spike to $1k in this bull market.
It seems that bringing the price of BNB to $1000 is quite difficult to do because so far BNB users have decreased. The reason is that there has been a new platform created and has cheaper transaction fees and higher speed than BNB has so that makes users leaving BNB and trying to enter a new network which has now succeeded in entering the top five positions in the coinmarketcap ranking.
When you look at the supply conditions in BNB it seems difficult, but I am sure that this price will definitely be reached, we just need a lot of time to wait for BNB's developments to succeed and trigger the whales to come in to provide support to BNB.

64
Binance Coin (BNB) / Re: Binance burned 3,619,888 BNB
« on: April 06, 2024, 05:59:33 AM »
Continuing the information, when this news was published in 2021, it continued to be carried out periodically, and indeed, burning occurred. For the details I received from the news via the site at this link:
BNB BURN








Of course, this will continue and will strengthen BNB, which can continue to contribute.
Do you believe that? will be able to strengthen the price of BNB!!
BNB will continue to burn up the available supply and with what is being done currently, it is hoped that BNB will become very expensive someday. The coin price can be expensive but still has very cheap transaction costs, that is the advantage of BNB. BNB also has a fairly stable network and never goes offline.

65
Binance Coin (BNB) / Re: Investment of BNB
« on: April 06, 2024, 05:57:38 AM »
BNB is a good coin for long term investments it has great future BNB coin popularity is constantly increasing currently pancake swap users are significantly increasing this is very easy to access lot of defi platforms running in BNB smart chain so if you hold BNB don't panic keep hold it.
Indeed, it had slumped when there was a problem with Binance, but this did not make its consistent holders waver and still maintain, so it did not give BNB the opportunity to continue to move down. Even now, it is starting to look capable of getting back up and slowly continuing to increase, keeping trust well maintained.So there is nothing to fear BNB is still very reliable and trustworthy as an investment that remains attractive and will continue to provide profits for those who hold it well until now.So I agree that BNB is a good coin for investment, and there is no need to doubt whether to continue buying and holding it until the price suits your calculations when you want to release it.
Of course BNB will remain the best for now because BNB has a very large platform, they have their own exchange called Binance and have their own blockchain, BNB can be used as a place to make long-term investments, if you can access the site Binance then you can take advantage of the staking feature to get results from the amount of BNB you have.

66
More especially one of the reasons I don't like to ingage in airdrop any longer because some of the activities to be carried out in an airdrop requires you to spend some  fee mostly on ETH network and yet after all the stress and wast of time, there will be no gain. Anyways, I feel happy for those that were able to make profit due to their participation in the Starknet airdropairdrop and those that did not have the luck to earn the free coin can purchase it because it seems the project might still pump during the bull market.
That's the weakness for those who often give up when what they do doesn't produce anything. Logically, other people succeed in getting lots of results from airdrops but we can't? Continue the task of the airdrop as best as possible and use the airdrop results as a bonus that you can get.

67
You can exchange Bitcoin with other coins directly peer-to-peer with other trusted members or people in your area.
If you dont want to do it directly than you can use trusted escrow who can act as a middleman to help you avoid scam from others.
I traded with other people and I never had any problems, but I heard stories about cheaters so you need to be careful.
It's true, many new projects have been created including on the Bitcoin network, but this is very strange because in my opinion the Bitcoin network only has one very large and complex network, but this is technology that is always developing and lots of new projects are being created, your advice is to use Escrow is very good so that there are no losses for buyers and sellers who are making transactions.

68
Bitcoin Forum / Re: Mempool Observer - Discussion about Bitcoin Fees
« on: April 02, 2024, 08:51:00 AM »
But litecoin performance is even worse in long term
It used to be rank top10 a few years ago  and is now about 30 or something.

It is losing much more value against bitcoin than ethereum is..
A digital currency project like Litecoin must have developments from year to year, always updating technology so that it will increase interest in Litecoin, but if the developer doesn't want to do that then it is certain that Litecoin will always remain silent and no one will be interested anymore.
I am sure that Litecoin will still survive even though the development it has has is not as much as other projects because Litecoin is a digital currency that was created at a very old age, so I am sure that the CEO developer is very afraid of taking risks to carry out new developments.

69
It is only natural that the wallets holding Bitcoins will be profitable as the price of Bitcoin has crossed the old all-time high. If it is the case that 97% of wallets are in profit that means 97% of people are holding bitcoins at this point. Bitcoin is a very potential currency and long-term investment is sure to yield profits. Bitcoin is a long term investment coin where one can never make profit if he invests for a short period of time. The price of btc fell to 15k at that time those who bought and held bitcoins are now in HUGE profit, they have multiple profit now.
Exactly, Bitcoin will indeed provide many benefits like that because of the influence of the increasing demand for Bitcoin, while getting Bitcoin is very difficult to do, so it is natural that the price is always increasing.
That's right, Bitcoin will provide a lot of profit for those who can store their assets well, because as you can see some time ago the price of Bitcoin collapsed again and made many people panic and sell at a loss.

70
Bitcoin Forum / Re: BTC spot ETF: Wall Street's Trojan horse
« on: April 02, 2024, 08:31:34 AM »
I am worried that this acceptance brings more risks than benefits, even though we cannot refuse it or prevent these companies from issuing their own BTC ETFs. I hope that I am just being too pessimistic or overly worried about the future of BTC under the impact of spot ETFs. We will have to wait and see if BTC will be promoted and gain more users or if investors will only want to put money into BTC spot ETFs.
It's true, big investors are used to this and this is what other investors want which makes ETFs no longer that important. There must be good news that can make Bitcoin prices increase again.

71
Ethereum Forum / Re: Ethereum network Gas fee exceeded 300 Gwei
« on: April 02, 2024, 08:05:00 AM »
Yes, you are right, currently many are doing it because they realize that there will be good news with Ethereum on May 23 2024 which will make the price of Ethereum increase very expensively like the price of Bitcoin when it was first received and entered the ETF exchange making the price increase.
The SEC was under pressure to postpone the ETF or could also cancel the ETF for Ethereum because several cases occurred which ultimately made the SEC force Ethereum to immediately resolve the problem until it was resolved. This incident resulted in the ETF being postponed and many were disappointed.

72
$3,000 will be achieved by ethereum friends, because it seems easy because the price of ethereum is currently $2,965. today it will probably rise to $3,000. The ethereum ETF will also have a big influence on the increase in ethereum prices, if it is approved soon
Currently the price of Ethereum is at $3,900 and it looks like in a few days the price will rise to $4k, because of the difference of $100. So I think the ETF will give an even more expensive price increase, maybe it will reach $10k due to the increasing demand for the ETF and provide a surprise for Ethereum holders.
It seems that the prediction you gave is not correct because currently the price of Ethereum has fallen to $3.6k. The collapse of the price of Bitcoin is more severe than before, thus having a negative impact on several other cryptocurrencies including the price of Ethereum.

73
Ethereum Forum / Re: Why is Ether (ETH) price up today?
« on: April 02, 2024, 07:41:32 AM »
It doesn't matter if miners sell ethereum when an ethereum ETF is approved, because the price of ethereum will rise again. It is not the basic factors that will influence the price that are supply and demand, if the ethereum ETF is approved, demand will increase and the price of ethereum will also increase even though the supply is very large. If demand is higher, there is a possibility that the price of ethereum will also be high. Let's see
As far as I know, when supply conditions are unlimited, the price will be very cheap, like other altcoins, but if Ethereum has a supply limit, the price might reach $20k or even more. Unfortunately, the supply from Ethereum is too much and Vitalik Buterin didn't think that far ahead. including currently the most important problem is transaction fees using the Ethereum network which is not wallet friendly (expensive fees).
That's right, circulating supply can also determine the price that the coins or tokens you own will reach. At least you can see in Bitcoin, when Bitcoin has a very limited supply a price increase will occur. For Ethereum it seems like it will have difficulty rising to a high price.

74
BNB can also be said to be Big and Big.
BNB will be a big coin and one day BNB will be an expensive coin.
BNB has now fulfilled all the available strengths, of course BNB will not be a dead coin either.
BNB already has various platforms that can cover all cryptocurrency spaces and this is able to increase the price value of BNB.
BNB has now become very big and in just a short time the price of BNB has reached $500. This huge development shows that BNB has very good potential to provide many benefits.

75
Binance Smart Chain + Ecosystem / Re: Binance price analysis daily
« on: April 02, 2024, 06:43:55 AM »
It had crossed 550$ a few days ago, it was increasing continuously but recently there has been a sudden decline in the market, whose effect is read even on the binance , at present the BNB price is at 430$. i believe it will shine again soon.
When the price collapses as happened some time ago due to a correction in the price of Bitcoin, it seems that many people sell Bitcoin when the price is still high like this, including miners who have obtained very large amounts of Bitcoin.

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