/biz/ - Business & Finance

[Anonymous No.13966999]

>BNB will replace ETH
Thoughts?

[Anonymous No.13967006]

>>13966999
in terms of ICOs yes

[Anonymous No.13967065]

>>13967006
IEOs do seem to be the new trend of this cycle and Binance has pretty much monopoly over alt trading. I'm really starting to think that ETH is dead speculation-wise and BNB will lead the new bull market.

[Anonymous No.13967106]

>>13967006
>>13967065
Add to that the fact that CZ seems to be eager to kill ETH.

[Anonymous No.13967137]

>>13966999
check'd

[Anonymous No.13967151]

>>13966999
50$ EOM

[Anonymous No.13967240]

BNB is good but binance does not have monopoly on IEOs. This means bnb will not be the sole option for the "new ico" craze.

If you truly want to take advantage of the IEO scamming going on you're going to need to accumulate stacks of exchange tokens all over the place and trade them into btc during run up of the ieo then rebuy after the ieo is done. Decent amount of work but the payoff will be enormous.

[Anonymous No.13967347]

>>13967106
no, he doesn't
ETH is one of the cryptos that CZ endorsed

[Anonymous No.13967359]

>>13967240
Binance has 90% of the organic volume in the market. So it doesn't matter if Kucoin starts doing IEOs, no one gives a fuck.

[Anonymous No.13967366]

>>13967065
In 2019 Ethereum has developed more use cases than ICOs
For example DAI stablecoin and MakerDAO

[Anonymous No.13967407]

>>13967359
They all fake it until they make it. Binance just did it first. Now Huobi KuCoin Bittrex and others are going to copy them.

[Anonymous No.13967456]

>>13967347
He renamed the eth section of his site to “alts”. I consider that a shot at eth.

[Anonymous No.13967472]

>>13967347
Is that why all the new hotness on Binance, endorsed by Binance, has no ETH pairs? Is that why ETH pairs have been sidelined in the same tab as XRP pairs? It all makes sense now!

[Anonymous No.13967487]

>>13967407
Bittrex is fucking dead and Huobi and Kucoin were never relevant in the first place and nothing suggests they will.

[Anonymous No.13967489]

[Anonymous No.13967504]

>>13967489
Facebook is the other way, friend. Take your epic maymays with you.

[Anonymous No.13967531]

>>13967487
Huobi is currently pumping RSR to attract FOMO buyers. All they need to do is pump a few more IEOs and the /biz/ crowd will start flocking in. Right now it's a race between exchanges to see who can attract the most FOMO people.

[Anonymous No.13967534]

>Facebook is the other way, friend. Take your epic maymays with you.

[Anonymous No.13967642]

buying BNB now is like buying ETH at $44.

Seriously.
BNB marketcap $4.6B
ETH marketcap: $28.5B

ETH only got there due to ico demand. That's dried up now with icos (plenty of them scams) holding $500M+ in ETH waiting to dump at every leg up. Meanwhile BNB keeps pumping because Binance keeps inflating it with real profits.

Look at this chart, they made $450,000,000 USD in profits in 2018. Guess where that money is flowing? BNB!! Bear market, bull market, doesn't matter because they make real $$ from traders to prop up BNB.

https://www.theblockcrypto.com/tiny/binance-brought-in-78-million-in-profits-in-q1-up-66-quarter-on-quarter/

BNB to reach > ETH marketcap = 6.1x (e.g. 610% return)

CZ is in this game to be top dog and he ain't going to be happy until BNB overtakes ETH.

I know where I'm putting my money.

[Anonymous No.13967661]

>>13967531
That's a fair statement, but it needs to also be said that Binance is currently leagues ahead, while the rest fight over breadcrumbs. Which IEO would willingly get listed on Huobi instead of Binance given the choice? Binance will get all the good stuff and then use their leverage to shove it down the throats of twitterniggers.

[Anonymous No.13967683]

>>13967642
How new are you? This is what peak delusion looks like.
>thinking eth is only for icos
Kek

[Anonymous No.13967696]

>>13967683
Three words: follow the money

[Anonymous No.13967723]

don't talk about BNB I'm still accumulating

[Anonymous No.13967786]

>>13967723
This. Delete this thread OP.

[Anonymous No.13967797]

>>13967683
got into eth at $17 so been around awhile
i hold just btc eth xmr bnb hot as primary port and a few other alts for diversification.

eth is still legit. im just not comfy with so many scam icos holding heaps of eth.

[Anonymous No.13967807]

>>13967723
>>13967786
sorry frens, you had 2 years

[Anonymous No.13967851]

>>13967797
They’re pretty much all out, that’s why a big reason why we saw $83

>>13967696
Yeah follow the money is right. 2.0 coming out next year, eth has the largest amount of devs building on it in all of crypto, real use cases such as dai and makerdao. On the other hand BNB is not bad but it’s ran by a shady company known to screw people over. It’s all hype with not much substance to it. On the other end, not as much hype on eth but a whole lot going for it. If eth can go to 2.0 successfully then it will reach ath and beyond.

[Anonymous No.13967901]

Are you guys retarded? BNB doesn't have smart contracts so it can't replace ETH

[Anonymous No.13967931]

>>13967851
Ah, I see. You're still in the 'delusion' phase of a crypto investor, thinking that fundamentals matter. Let me put it simply; the only coin that ever mattered is BTC. Everything else are shitcoins designed to get more BTC. BNB, ETH, LINK, HOT, you fucking name it.
>Yeah follow the money is right.
Then why do you choose a shitcoin that has been in the gutter for 12 months, while thinking it's somehow more relevant than BY FAR the best performing coin from 2017?

The bottom line is, do what you will. I don't even own BNB currently.

[Anonymous No.13967976]

If binance chain managed to get a single decent ethereum project to switch over like they claimed, I could believe it. But with no smart contract function they're only getting garbage.

[Anonymous No.13968044]

>>13967976
Literally one uses smart contracts. No one even wants to, but the best joke is that even if they did want to, they literally can't, because ETH would shit itself instantly.
The only thing ETH has going for it is its hashrate, making it the second best option to BTC in terms of security. That can, however, quickly change.

[Anonymous No.13968069]

>>13966999
>thinking eth is only for icos

you=tech iliterate

>>13967931
>coin that ever mattered is BTC

Yes literally same ponzi with "store of value" narative shift and "1btc=1mil" meme for normies

Btc market making and beeing world casino longs/shorts is shit as eios and icos better pray eth succeeds because 60% devs in space are all over eth now...if it does not whole sapce stays ponzi

Fucking retard

[Anonymous No.13968075]

>>13966999
Funds are safe

[Anonymous No.13968097]

>>13968044
>Literally one uses smart contracts. No one even wants to, but the best joke is that even if they did want to, they literally can't, because ETH would shit itself instantly.
gas usage hit an all time high a few days ago yet I don't see any doom threads about eth shitting itself. ethereum is coming into a new era where defi dapps are leading the charge. I know you people can only shitpost about cryptokitties, but try to keep up. https://defipulse.com/

[Anonymous No.13968114]

>>13968069
I forgot to mention; pajeets and other unintelligible thirld-worlders not welcome.

[Anonymous No.13968116]

>>13967931
You aren’t actually this retarded are you? Lmfao wew lad

[Anonymous No.13968132]

Sky coin

[Anonymous No.13968149]

>>13968044
>Literally one uses smart contracts
Big 4 balls deep in eth and sc

How fucking dumb and short sighted are you?

Are you newfag or poorfag?
I bet you uare kek

[Anonymous No.13968153]

>>13968116
Ah, yes, now you won the argument. Congratulations, redditard.

[Anonymous No.13968188]

>>13968153
You’re literally braindead anon. Thinking BNB is the same platform as eth, thinking nobody uses smart contracts, thinking btc only matters, thinking eth is useless. This must be bait

[Anonymous No.13968190]

>>13967851
na still heaps of icos holding onto eth, check below link
https://app.santiment.net/projects/ethereum

[Anonymous No.13968211]

>>13966999
KYS FOR WASTING THAT GET

[Anonymous No.13968224]

>>13968188
>BNB is the same platform as eth
Point me to where I stated this, my underage frogposting friend from reddit.

[Anonymous No.13968251]

Justin Sun is BFF with CZ, they're gonna kill ETH together.

[Anonymous No.13968256]

>>13967504
>>13967489
this. These levels of epicness is does not belong here.

[Anonymous No.13968272]

>decade of the chinks
>not holding the ultimate chink coin
you guys enjoy being poor?

[Anonymous No.13968341]

>>13968149
Ofc hes some broke ass niger acting all smart lol wellcome to biz 2019

[Anonymous No.13968484]

>>13967366
But we're in clown world

[Anonymous No.13968486]

>>13968341

I knwo but man...

>waht is sc?
>what is nft?
>waht is defi?
>what is nwm?

This street shitters are so obnoxious

[Anonymous No.13968523]

>>13968272
This. Chinks could destroy ETH with liquidity alone.

Thank you CZ.

[Anonymous No.13968536]

>>13968341
>>13968486
It's always funny when actual pajeets are pointing their shit-stained fingers.

[Anonymous No.13968546]

>>13966999

JUST FUCK OFF AND DIE

[Anonymous No.13968578]

>>13968546
>your average ETH bagholder

[Anonymous No.13968661]

>>13967642
^ this chad gets it.

Market has spoken
BNB & HOT has been best holds in 2019.
ETH price still in the gutter.

[Economist 1988 No.13968677]

quick reminder that
EVM allows to program smart contracts

[Anonymous No.13968714]

BNB has replaced ETH as the place for scammy tokens: if you see a token launching on Binance, you know it is a p&d trap. Related projects will be less and less until people learn the lesson (in the same way explicit ponzis like bitconnect and powh died out).

[Anonymous No.13968745]

>>13968661
this is true