Post
Topic
Board Speculation (Altcoins)
Re: If bnb overtakes eth
by
bohr
on 28/10/2019, 16:48:29 UTC
I am trying to decipher what the future holds for eth, asides its smart contract purposes which of course bnb can offer, what else do you think will help keep eth relevant. Because I see some projects trying to migrate to binance chain, I see that it won't end well for eth as long as bnb keeps improving.
You are forgetting one of the biggest advantages of this market, decentralization. Ethereum is a decentralized currency while the binance coin is backed by a centralized institution, as soon as binance begins to show some signs that it is getting weaker you can be sure their coin will begin to go down, I know it seems like binance can do no wrong since everything they are doing is working perfectly, but ethereum seemed that way in 2017 and despite its low price is still here and we do not know if BNB will be as resistant to misfortune.