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Just as the layering of protocols evolved into the Internet, the same process will unfold in blockchain. "We are just at the very beginning of establishing layers," argues Nick Grossman. https://ban.cr/layersYes, that is true, I am recognizing a lot of patterns which I have observed in the first years of the Internet. This sounds like good news, just as Internet sounded as good news. However, after some time big corporations have managed to take over the internet. And so may happen likely also with cryptocurrencies. But meanwhile, let's enjoy Bancor, which may become one of the good big players of such a future. |
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I'm quite impressed by how ZEN has reasonably kept its price (at least compared to the other alts) in this current crytpto altcoins bloodbath. A good sign of strenght.
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Su coinmarketcap ho messo le statistiche degli ultimi 3 mesi, siamo passati da 0.00058 bitcoin di maggio a 0.00018 di oggi, prezzo più basso dell'ultimo anno.
Anche la loro altra moneta, bitsend, ha avuto un crollo simile, nonostante sia ancora distribuita gratuitamente
Tutti gli altcoins sono crollati in modo clamoroso questa estate. Ora si tratta di vedere se è solo un bear market particolarmente terribile oppure un cambio strutturale del mercato nel suo insieme - possibilità che si può inferire dal fatto che la Bitcoin dominance è in continua ascesa. |
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Cioè hanno lanciato la moneta da oltre un anno e fino ad oggi non avevano ancora un whitepaper eppure la gente le ha comprate tranquillamente a 15 $ qualche mese fa? e in base a cosa le prendevano ? Le informazioni sulla tecnica di Bitcore erano note, il team non è anonimo e consiste in soggetti molto apprezzati nella comunità cripto. Questi motivi hanno creato un clima di fiducia e di speranza intorno a Bitcore. |
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Ragazzi, la pausa estiva e questo terribile bear market che di certo non mette allegria hanno rallentato un po' le cose per questo progetto, ma la situazione si sbloccherà. Intanto siamo a ferragosto e ci facciamo due bagni  |
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i just joined and voted for Bancor, thank you for sharing the news. By the way, its interesting to see so many other blockchain startups on the list of 2018's top 50 fintech. Yes, even i am supporting it because Bancor is my best strategy and one of which it is listed in top 2018 blockchain. Even though they faced some problems with the hack but they managed to recover those and i am voting my best to support this blockchain. Just voted for Bancor, which anyway is one of my favorite projects out there, if not the favorite one. I hope you will be in the top 50, or even at the top of the top 50. |
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Well, these annoying Newbies which are popping up here are exactly seeming to be here to just make FUD. Newbies FUD opinions should be disregarded by default if it is clear that it is a new account which has been created just to spread FUD on a specific project. Serious people with serious critical arguments use their real accounts for making statements. All the rest is FUD.
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Other day there was a farm with over 22,000,000,000 Kh/s, yes the number is correct. Half of the mining power at Suprnova that day.
Made a calculation and was about 2200 units of Z9 mini units mining...
It was a speculator and was mining almost 6000 Zen/day.
very sad... i hop that each day is passing it will not be a nail in the zen community coffin....
Such numbers are indeed scaring. 2200 units of Z9 mini units mining is almost beyond imagination in this stage, and on the long run it will likely affect the community quite a lot. I think the team has to monitor the situation closely. This is what we know, but what about those experimental machines we are not aware that maybe can be customized for every single algo in existence with very small efforts and surprisingly fast..What if this is future, what then? Fork to different algo can be useless in this situation, so better to look for an sustainable solution instead. This can become our reallity very soon. This is my personal opinion. True. In fact I wasn't suggesting any specific line of action, just the need to be extremely focused on monitoring how the situation unfolds, since it can become critical any moment in any direction - that's a very dynamic and chaotic echosystem. |
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By token bancor, nothing has disappeared, the very fact of hacking is of course very unpleasant, but I think the team will draw conclusions and will do everything possible so that such situations no longer repeat. Meanwhile, the price for Bancor is gradually beginning to recover.
Even this was mentioned before about some security holes and it could lead to a big lose if someone made hack attempting on this network. But they ignored this warning in past and didn't took this seriously and now after this incident they have their focus to make secure this network and fixing all bugs there. That is the reason price is start recovering I hope in future this will become secure network. Nature learns through catastrophes, and so do humans. Even though if would have been obviously better to secure the network thinking in advance that something like that could happen, nevertheless it's OK to do it later as well, especially as major damage has been avoided. Thanks for your understanding PandoraTV! Indeed, it is very much preferable to prevent incidents from happening in the first place. But as you so rightly point out, the important matter is that the team has learned from this breach and is working to prevent them from happening again. The fact that this is the first breach of any real significance in over a year of service, as well as over a billion USD processed is a great sign. But things can always be improved, and the team is very keenly aware of that fact. One good result of this breach (if we are to look for silver linings) is that it proved the security measure built into BNT to be useful, and has prompted a greater discussion in the community as a whole on the topic of security for exchanges as well as how much is too much. We look forward to what the future has in store, and the improvements that this will bring to the space in general. I was unaware that over one billion USD has already been processed in the fisrt year of life of Bancor. That's impressive and very promising. Security issues are an inevitable price to pay when you are pioneering territories where nobody has actually been because they have been created by you. You are exactly right. There is no way to possibly predict every pathway. Even with all the security audits that are completed, there may be a way in or something in a future update that can compromise the previous security. That is why the team put the security measures built into the token itself. That way when this breach occured, it was contained and quickly stopped (at least for the BNT). It's also why Bancor does not have access to any of the user wallets. That way this breach was limited to the breached wallet alone. We hope that others in the crypto space will look to these examples and see how effective it was in mitigating the threat. Safety in the crypto age is so vastly critical, that it needs everybody to work together. It was heartening to see the many other exchanges come together to help freeze flagged funds from the incident in the hours following the breach. Ultimately the crypto world is all just about safety. Safety against the dangers of centralized creation of FIAT money, safety against entities able to get control over your assets. Only the safest echosystem/asset will survive. |
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Other day there was a farm with over 22,000,000,000 Kh/s, yes the number is correct. Half of the mining power at Suprnova that day.
Made a calculation and was about 2200 units of Z9 mini units mining...
It was a speculator and was mining almost 6000 Zen/day.
very sad... i hop that each day is passing it will not be a nail in the zen community coffin....
Such numbers are indeed scaring. 2200 units of Z9 mini units mining is almost beyond imagination in this stage, and on the long run it will likely affect the community quite a lot. I think the team has to monitor the situation closely. |
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By token bancor, nothing has disappeared, the very fact of hacking is of course very unpleasant, but I think the team will draw conclusions and will do everything possible so that such situations no longer repeat. Meanwhile, the price for Bancor is gradually beginning to recover.
Even this was mentioned before about some security holes and it could lead to a big lose if someone made hack attempting on this network. But they ignored this warning in past and didn't took this seriously and now after this incident they have their focus to make secure this network and fixing all bugs there. That is the reason price is start recovering I hope in future this will become secure network. Nature learns through catastrophes, and so do humans. Even though if would have been obviously better to secure the network thinking in advance that something like that could happen, nevertheless it's OK to do it later as well, especially as major damage has been avoided. Thanks for your understanding PandoraTV! Indeed, it is very much preferable to prevent incidents from happening in the first place. But as you so rightly point out, the important matter is that the team has learned from this breach and is working to prevent them from happening again. The fact that this is the first breach of any real significance in over a year of service, as well as over a billion USD processed is a great sign. But things can always be improved, and the team is very keenly aware of that fact. One good result of this breach (if we are to look for silver linings) is that it proved the security measure built into BNT to be useful, and has prompted a greater discussion in the community as a whole on the topic of security for exchanges as well as how much is too much. We look forward to what the future has in store, and the improvements that this will bring to the space in general. I was unaware that over one billion USD has already been processed in the first year of life of Bancor. That's impressive and very promising. Security issues are an inevitable price to pay when you are pioneering territories where nobody has actually been because they have been created by you. |
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52 sat...
What's the next target? 1 sat?
It's sad to see coins melt.
Well, This thread is empty, OP is very poor, community seems non existent since nobody is posting anything, not even the team is replying, what more would you expect from the token, rather than to tank and to tank and to tank? |
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By token bancor, nothing has disappeared, the very fact of hacking is of course very unpleasant, but I think the team will draw conclusions and will do everything possible so that such situations no longer repeat. Meanwhile, the price for Bancor is gradually beginning to recover.
Even this was mentioned before about some security holes and it could lead to a big lose if someone made hack attempting on this network. But they ignored this warning in past and didn't took this seriously and now after this incident they have their focus to make secure this network and fixing all bugs there. That is the reason price is start recovering I hope in future this will become secure network. Nature learns through catastrophes, and so do humans. Even though if would have been obviously better to secure the network thinking in advance that something like that could happen, nevertheless it's OK to do it later as well, especially as major damage has been avoided. |
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Are you just going off of the premise that huge red candles recovering slowly is just painting bear flags that lead to another fall? The problem is nothing is acting normal. These bart candle patterns are just signs of manipulation of large holders counter trading the masses and pushing through everyone's stops on margin. It seems more reasonable at this point to predict the exact opposite of what is supposed to happen as the newfound result.
Back to your point though people are definitely trying to create a positive vibe and sort of wishing well it into existence because they want the bleeding to stop. In reality though we're definitely in a "dumb zone" of trading where Bitcoin has to decide whether its gonna break over 6800 and start working on the 7200 resistance or if we're going to go down and test 5k (or 4.5k). I do believe we are nearing an end simply because things are behaving very strangely.. and I'm getting the sense that someone knows something behind the scenes and there is one last accumulation run before the big blast off (but I'm also ready for the bearish pessimistic case that maybe we go and retest 4.5k first and enter a long consolidation period).
There's just not enough information and there are mixed signals no matter how you break it down. I think everyone should just wait for bitcoin (or its manipulators) to decide, and in the meantime don't be taking too many alt positions until we know for sure a cycle is gonna get started up and for sure don't be trading on margin (Bots are sniffing out your stop information, and will take you out of the game in a one minute candle).
Trade safe guys and be patient, don't look for what isn't there like OP says. Bulls are coming in due time.
Yes, there's a lot, a lot of wishful thinking in this forum, debased from any technical analysis. My personal feeling is that this consolidation phase will last some time more, the whales need time to buy back all the BTCs which they have dumped in these months... |
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You have chosen the same name of another popular project (PRL tokens) which can be quite confusing.
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For what I could see from a first look this project reminds me of ETHLend. What makes it different from ETHLends?
And my second question is: why are several of the team members, CEO included, listed only with their first name?
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The title is deceiving, this Chinese investor has lost absolutely nothing, it is likely someone with immense quanity of money and he is investing in BTC long term.
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I have been predicting already time ago the same kind of possible scenario in the future. Now I don't know if I should feel flattered that Tim Draper is thinking the same, or perhaps he should feel flattered |
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Well, I don't see that as a real problem, in fact the huge price drop is "cleaning" the field from all the people who have jumped on the bandvagon at ATH without having any idea of what they were doing. In a way it's echological, it's natural selection.
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Interessante. E questo exchange chiede dei soldi per listare nuove monete oppure è più accessibile di altri? Chiedo perché presto dovremmo emettere qualcosa che sarebbe bello che qualcuno listasse senza chiedere un milione di dollari o giù di lì come Binance |
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