Bitcoin Forum

Bancor BNT is one of a handful of projects from 2017 that have true value and have a true use case. Also, it was

one of the largest IPOS by then. Its team are developing a great platform and keep investors informed about what

is going on within the project. It is one of the DEFI altcoins with a 1000x price growth potential. From the fundamental

perspective it is a no brainer.

https://www.bancor.network/

what do you mean with true value?


January 2018:

Bancor had its highest price of $9. It has already been 2 years that the Bancor cannot reach $9. To be more specific since September 2018, Bancor is unable to have a price above $2 and you are talking about a 1000X potential?

I remember this platform. It used this forum for announcement and to promote itself using a bounty campaign. However, i also remember it was hacked at first days of its lunch and we didn't hear a lot about the investigation they announce made by official Isralean authorities. Some even thought it was an inside job.
If you check some old threads here in the forum, you will see that Bancor network was accused to list shit coins. All this confirm that Bancor is not that proessional and i would really to know about what op called "use cases" .

I had similar feelings about this project and was very excited about it from the start but somehow it has not fulfilled the high expectations of the community and it has been talked about less now and secondly more and better options are available now so that is why bancor has been kind of sidelined but i still think it is a good project and surprise us in future.

Be careful with assumptions because it could lead to fake assumptions where hopefuls will find it possible although in reality, this is not achievable.
You should do the math with its 69M+ current supply and with 1000x price increase, you will realize that it has to be a huge amount.

80 dollars per bnt tokens is a far fetched target in my opinion and it can be expressed in the form of over ambitious target. Personally i think that even if bnt hits 20 as new bull wave target it will be great and the support community will be happy about it and it is more realistic and rational target.

It never shows a massive growth since 2017 and until today, do we expect that it has an exponential market this year? NO, I don't think that Defi will give influence to Bancor price. May Bancor will still exist in the market but I wasn't to expect that way.
https://i.imgur.com/LPWaYl1.png

How does this chart will imply? We even hard to reach $2 how much more for $80. Bancor will remain that low as the market competition continues unless if the team will do something to help it. And then, we can see that investors will look it back and see its potential but for now, it leave like this.

I think that it was in the past. Now is very diffent because of the developments they are doing. DEFI is the future and this is one of its main projects

I love bancor coin and been trading and holding BNT ever since they had a token offering but $80 doesn't look possible to me. Though in the long long run I am hoping that price might reach around $10 but that target too is far away right now.

People just needs to realize that this is one of a few altcoins that have real fundamentals and have are working in it since its IPO. That's is enough to reach those levels soon.

Yeah he is clearly living in a dream land if he thinks such growth will happen in this project that have already experience its price growth since last bull run, he must have forgotten there are new Defi project coming up in the market every day which also have the potentials to bring good profit to investors, this are fresh promising project that can make x10-20 when the bull market has come,
If Bancor is as great as the op describe then we would see some price movement.

Those new projects will have to be around for at least 3 years and survive a severe bear market like Bancor did, so thinking that a new project is better just because it is new is more than a dream. Smart people will buy strong projects like Bancor, not new experiments that will end up as pump and dump scams. I am sorry.

Bancor is the future of decentralized exchanges. We will need them soon. That's also enough to get to that price level