Quote from: zahidmoon on May 04, 2019, 11:38:27 AM

Quote from: JollyGood on May 03, 2019, 06:30:33 PM

Quote from: Goxten on May 03, 2019, 06:23:06 PM

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.

binance launch pad is affecting the price of eth because binance is big exchange in crypto world and binance team only support great project with good reason and good team. so people are participating ico on binance launch pad using BNB. that's why its price is increasing continuously. right now the market again in red but BTC is in green and stable.

Yeah indeed token sale on binance pumping the price of BNB but they are introducing only real projects on their exchange.
I have not participanted any sale on binance but hope i will join coming sale on binance for profit.
Bitcoin, ethereum and top crypto's facing red sign hope another news will trigger up market again.