Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
JollyGood
on 03/05/2019, 18:30:33 UTC
How will the growth of BNB affect ETH? Some people argue that BNB can take away the market share of ETH and this will adversely affect the price of ETH. What do you think about that?

BNB will definitely east in to the market share of ETH on two conditions:

1) The BNB tokens will last beyond its initial 3 year life span (I think that is what the Binance ICO stated)
2) ICO after ICO takes place on the Binance blockchain with smart contracts

If Binance is focused on expanding and things go well it is inevitable that it will take a portion of market share Ethereum currently has and aims to occupy in future.