BNBGBP
Binance Coin / Pound sterling
cryptoComposite
InactiveDec 28, 2023 7:00:00 PM EST
267.40GBP-2.087%(-5.70)
BNBGBP Reddit Mentions by subreddit
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BNBGBP Specific Mentions latest comments & posts
Agreed. People here tend to get upset whenever TRX or BNB is mentioned. From a decentralization standpoint, I understand the criticism. But from an investment perspective, surely it's worth examining what they've done right to keep pace with Bitcoin.
Zoom out five years:
**BTC: +27.69%**
**ETH: -38.04%**
**BNB: +49.28%**
**TRX: +229.37%**
Let that sink in. Both BNB and TRX actually outperformed Bitcoin, while Ethereum lost nearly 51.5% of its value against BTC!
We should be asking what they're doing right and what Ethereum is doing wrong, rather than dismissing them simply because they're more centralized.
Neither BNB nor TRX comes close to Bitcoin in terms of mainstream marketing, recognition, or mindshare, yet both have outperformed it over the past five years. Clearly, there's something worth learning here.
Decentralization is important, but it doesn't automatically translate into investment performance.
sentiment 0.812
I've been holding ETH since 2017, so I'm a certified bag holder at this point. LOL! I'm done buying. I've done my part by accumulating and holding all these years. What frustrates me most is watching fellow ETH investors dump their bags, leaving us with this pathetic price action.
Sure, ETH has outperformed BTC by about 2% over the past three months, but zoom out to 2021 and look at where BTC, BNB, TRX, and others were trading back then compared to today. Ethereum has fallen miles behind. After nearly nine years of holding, it's beyond frustrating.
sentiment -0.904
Exchanges do not collect "tax obligations." Dealing with taxes is trader's responsibility and comes later. There are no prepayments of any taxes.
Bitcoin does not have gas fees. BNB is a shitcoin unrelated to bitcoin. Transaction fees are on order of a few cents, not $6500 bucks. There are no validators in bitcoin and there is no "crypto security agency." If you have to pay to get your money out it's always an "advance fee scam."
sentiment -0.894
If LTC went to zero I'd be fine.
The "general consensus" in crypto communities about LTC is wrong & dishonest.
Mainly ETH BTC & BNB have shown consistent price appreciation through multiple cycles.
The other 97% of these coins have no real consistent price appreciation, LTC at least doesnt drop 90%. Its upside price action is really the same as the rest.
The consistent demand that drives stock appreciation doesnt exist yet.
We have to try and buy for long term value, how is the price relevant to the future value of the network?
sentiment 0.808

