I got this baby running on linux, i suppose you are on windows, on linux i can see the blocks syncing in terminal... 635357ms decentd s application.cpp:497 handle_block ] Got block: #1533 time: 2017-06-30T12:10:35 latency: 318 ms from: init6 irreversible: 1523 (-10) 640271ms decentd s application.cpp:497 handle_block ] Got block: #1534 time: 2017-06-30T12:10:40 latency: 232 ms from: init3 irreversible: 1523 (-11) 645246ms decentd s application.cpp:497 handle_block ] Got block: #1535 time: 2017-06-30T12:10:45 latency: 207 ms from: init5 irreversible: 1524 (-11) 650220ms decentd s application.cpp:497 handle_block ] Got block: #1536 time: 2017-06-30T12:10:50 latency: 181 ms from: init10 irreversible: 1524 (-12) 655249ms decentd s application.cpp:497 handle_block ] Got block: #1537 time: 2017-06-30T12:10:55 latency: 209 ms from: init1 irreversible: 1524 (-13) 660219ms decentd s application.cpp:497 handle_block ] Got block: #1538 time: 2017-06-30T12:11:00 latency: 179 ms from: init8 irreversible: 1530 (-8) 665245ms decentd s application.cpp:497 handle_block ] Got block: #1539 time: 2017-06-30T12:11:05 latency: 206 ms from: init0 irreversible: 1531 (-8) 670262ms decentd s application.cpp:497 handle_block ] Got block: #1540 time: 2017-06-30T12:11:10 latency: 223 ms from: init4 irreversible: 1532 (-8) 675346ms decentd s application.cpp:497 handle_block ] Got block: #1541 time: 2017-06-30T12:11:15 latency: 306 ms from: init6 irreversible: 1533 (-8) 680263ms decentd s application.cpp:497 handle_block ] Got block: #1542 time: 2017-06-30T12:11:20 latency: 224 ms from: init0 irreversible: 1534 (-8) 685236ms decentd s application.cpp:497 handle_block ] Got block: #1543 time: 2017-06-30T12:11:25 latency: 197 ms from: init1 irreversible: 1534 (-9) 690298ms decentd s application.cpp:497 handle_block ] Got block: #1544 time: 2017-06-30T12:11:30 latency: 259 ms from: init10 irreversible: 1534 (-10) 695242ms decentd s application.cpp:497 handle_block ] Got block: #1545 time: 2017-06-30T12:11:35 latency: 203 ms from: init2 irreversible: 1534 (-11) 700242ms decentd s application.cpp:497 handle_block ] Got block: #1546 time: 2017-06-30T12:11:40 latency: 203 ms from: init5 irreversible: 1535 (-11) 705292ms decentd s application.cpp:497 handle_block ] Got block: #1547 time: 2017-06-30T12:11:45 latency: 252 ms from: init4 irreversible: 1538 (-9) 710226ms decentd s application.cpp:497 handle_block ] Got block: #1548 time: 2017-06-30T12:11:50 latency: 187 ms from: init9 irreversible: 1538 (-10) 715344ms decentd s application.cpp:497 handle_block ] Got block: #1549 time: 2017-06-30T12:11:55 latency: 305 ms from: init7 irreversible: 1541 (-8) 720265ms decentd s application.cpp:497 handle_block ] Got block: #1550 time: 2017-06-30T12:12:00 latency: 226 ms from: init8 irreversible: 1542 (-8)
so it's working, anybody knows how many blocks there are? I only see a mac and Windows version. How did you run it on Linux? instructions here for linux: http://wiki.decent.ch/doku.php?id=decent:howto
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Windows wallet works but how to import my balance from webwallet to my local wallet?
webwallet hasn't launched yet, it'll be announced later
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also NEVER run any crypto wallets as an admin unless you know for sure the code is clean !! even then you shouldn't anyway.
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I got this baby running on linux, i suppose you are on windows, on linux i can see the blocks syncing in terminal... 635357ms decentd s application.cpp:497 handle_block ] Got block: #1533 time: 2017-06-30T12:10:35 latency: 318 ms from: init6 irreversible: 1523 (-10) 640271ms decentd s application.cpp:497 handle_block ] Got block: #1534 time: 2017-06-30T12:10:40 latency: 232 ms from: init3 irreversible: 1523 (-11) 645246ms decentd s application.cpp:497 handle_block ] Got block: #1535 time: 2017-06-30T12:10:45 latency: 207 ms from: init5 irreversible: 1524 (-11) 650220ms decentd s application.cpp:497 handle_block ] Got block: #1536 time: 2017-06-30T12:10:50 latency: 181 ms from: init10 irreversible: 1524 (-12) 655249ms decentd s application.cpp:497 handle_block ] Got block: #1537 time: 2017-06-30T12:10:55 latency: 209 ms from: init1 irreversible: 1524 (-13) 660219ms decentd s application.cpp:497 handle_block ] Got block: #1538 time: 2017-06-30T12:11:00 latency: 179 ms from: init8 irreversible: 1530 (-8) 665245ms decentd s application.cpp:497 handle_block ] Got block: #1539 time: 2017-06-30T12:11:05 latency: 206 ms from: init0 irreversible: 1531 (-8) 670262ms decentd s application.cpp:497 handle_block ] Got block: #1540 time: 2017-06-30T12:11:10 latency: 223 ms from: init4 irreversible: 1532 (-8) 675346ms decentd s application.cpp:497 handle_block ] Got block: #1541 time: 2017-06-30T12:11:15 latency: 306 ms from: init6 irreversible: 1533 (-8) 680263ms decentd s application.cpp:497 handle_block ] Got block: #1542 time: 2017-06-30T12:11:20 latency: 224 ms from: init0 irreversible: 1534 (-8) 685236ms decentd s application.cpp:497 handle_block ] Got block: #1543 time: 2017-06-30T12:11:25 latency: 197 ms from: init1 irreversible: 1534 (-9) 690298ms decentd s application.cpp:497 handle_block ] Got block: #1544 time: 2017-06-30T12:11:30 latency: 259 ms from: init10 irreversible: 1534 (-10) 695242ms decentd s application.cpp:497 handle_block ] Got block: #1545 time: 2017-06-30T12:11:35 latency: 203 ms from: init2 irreversible: 1534 (-11) 700242ms decentd s application.cpp:497 handle_block ] Got block: #1546 time: 2017-06-30T12:11:40 latency: 203 ms from: init5 irreversible: 1535 (-11) 705292ms decentd s application.cpp:497 handle_block ] Got block: #1547 time: 2017-06-30T12:11:45 latency: 252 ms from: init4 irreversible: 1538 (-9) 710226ms decentd s application.cpp:497 handle_block ] Got block: #1548 time: 2017-06-30T12:11:50 latency: 187 ms from: init9 irreversible: 1538 (-10) 715344ms decentd s application.cpp:497 handle_block ] Got block: #1549 time: 2017-06-30T12:11:55 latency: 305 ms from: init7 irreversible: 1541 (-8) 720265ms decentd s application.cpp:497 handle_block ] Got block: #1550 time: 2017-06-30T12:12:00 latency: 226 ms from: init8 irreversible: 1542 (-8)
so it's working, anybody knows how many blocks there are?
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I have a feeling that in the coming years that no project in Top 25 will have less than $1 billion dollar valuation, this is where Bancor will derived most of its vale because it is a Federal reserve for most of this tokens. The idea indeed seems abstract to most people
I agree. The implications of Bancor are mind-boggling, and most people's mind cannot grasp such a magnitude of change. If I'm right, we all early adopters will be very very happy at some point. same here Major game changer here, hodling every token I got from this ICO, one of my best investments in crypto x) And why is that? I have a nice amount of BNT from the ICO as well, but it is the worst performing token I have ever had. I has done nothing but following ETH downward. What is the "major game changer" aspect which I probably missed? We no longer are dependant on major exchanges, in order to trade tokens, that's huge, plus there's no liquidity problem and it's the first token that when the supply increases the value increases, and is backed by reserves. The price has performed better than expected it's over what I paid for at ICO, i can't complain
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I have a feeling that in the coming years that no project in Top 25 will have less than $1 billion dollar valuation, this is where Bancor will derived most of its vale because it is a Federal reserve for most of this tokens. The idea indeed seems abstract to most people
I agree. The implications of Bancor are mind-boggling, and most people's mind cannot grasp such a magnitude of change. If I'm right, we all early adopters will be very very happy at some point. same here Major game changer here, hodling every token I got from this ICO, one of my best investments in crypto x)
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the rocket has been launched. Are there more exchanges listing BNT?
poloniex will be next, prepare for MOON ! Bittrex, liqui, HitBTC,Tidex,EtherDelta. The next mybe Poloniex.. Polo will accumulate a bag of BNT before they list this one
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The best investment project in the history of bancor, but why does not process the major exchanges.
Because it doesn't need exchanges
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All weak hands shaken out, now it is time for bancor Not sure.. have the bounty chasers sold yet?
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Ether opened up at $2.83, dropped to $0.64 after a few days.....but now at $299.00!
If you're insinuating that what happened to ETH's $ price will happen to BNT's $ price then I hope you're right. I'm contemplating buying BNTs. My only concern though is the Ethereum network doesn't seem to be able to handle large & concentrated transactions. We've seen it with the BNT & the Status ICOs, whereby the network stopped working or was extremely slow. Since BNT is built to work on top of the Ethereum network, how will the Ethereum's apparent lack of capacity affect BNT in the long run? And therefore affect BNTs $ price? speed of the network only affects speed of transactions, no real correlation to price, unless the market mentality feels the value of the coin should reflect that technical drawback. Otherwise, BNT's transfers will remain limited by ETH's functional capacity, unless the team decides to make BNT it's own network separate from ETH. But afaik ETH has some new features coming awaiting activation that should improve ETH's performance.
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can someone post a good explanation on why BNT is sinking every day?
It's because there is a flaw in the Bancor model and it's allowing the whales to game the system & take profits. Whales are buying at the exchange and selling to the contract small bit by bit due to the price discrepancy. This drop will continue till the 120k ETH floor is completely gone. Then nobody knows what will happen. BNT can go into a free fall and never recover or it can start rising again. Nobody knows for sure because nobody can predict the market. It is not a flaw. This is how Bancor model works. Arbitrage is supposed to even out the discrepancy between the exchanges and the smart contract. One things I do not understand is why they are doing it bit by bit. That part puzzles me. That 120k ETH floor is the flaw. There is a huge incentive for the whales to crash the exchange price below 0.01 ETH and keep buying cheap BNT to sell to the contract because they know the contract price cannot go below 0.01 ETH. Any whale can put up a huge sell wall at 0.01 ETH to make sure the price doesn't go over that while they stock up on BNT. I feel this is just the beginning, the worst is yet to come. Haha, pretty funny how you just gave an example on how the floor gave whales reason to keep the price artificially low to profit when the floor is supposed to keep the price of BNT above a certain level. Arbitrage is killing the exchange price, kinda surprising they're not creating a larger price gap between the contract and exchange, but when you're throwing around millions of coins/eth doesn't really matter then i guess
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Hardly their fault that too many dumb people gave them too much money. The project have absolutely zero responsibility for their own market price.
Yes, it's not their fault but I expected whales to hold the price for at least ICO price. Isn't that weird? Maybe they do that for purpose, they hold coin price under the ICO so bounty hunters will sell their coins cheaper. I don't know but it's not looking good for investors eyes. Whales with their fuders are trying to push price of every coin down after ico,to get more cheap coins.If project is really worth it,there will be lot of blood in this thread The whales know how people think and with their vast resources they are able to manipulate the market. So either the whales have some agenda here or this project is really no good & we are all bagholders. Who knows? seems they wanna take down the buy wall to scare ppl out, whales don't like making others richer, they shake ppl out before pumping so they can dump on those that will then fomo on the pump, this is why it's best to just hodl and exit at the top. altho it would be easy for them to wipe out the ETH reserve on the contract, would almost be kind of interesting what would happen.
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i like cheap bancor on bittrex for 0.0015 in one year BANCOR will be next ETH sell more pleeeeaseeeeeee Much cheaper but I think it would take less than a year to reach at the same level where ETH is right now. This platform is build from scratch so this unique ecosystem potentially looking next big thing. After a week price would 2x value from the current level. It's already done a 2x for those that paid attention ... some whale apparently tested throwing 1M Eth into the contract, so imagine
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TOTAL SUPPLY 81.862M With each purchase through smart contract , new bnt will be created (bnt is unlimited) . Hence the supply increase , and this increase the value too Won't this constantly dilute the value of existing tokens? Why should anyone hold then? Having a problem grasping this too. If they are constantly upping the supply the price will just remain stagnant..at least according to the laws of supply and demand Contract price increases with increasing supply, read the white paper
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This is gonna be hard for the normal investors, what i mean is people who are not so inclined using MEW, i suggest don`t try to mingle with your token if your not sure on what you do, wait for the web app that is much easier as stated on the blog.
I'm in for the long haul, so no need to figure out how it works at the moment ;-) Instructions aren't too bad, just have to practice your copy/paste skills
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There are number of exchanges waiting for the releasing of BNT token which is going to happen tomorrow finally. Let's be ready to join the party as countdown has started already. What are your predictions about the price being settled after few hours of trading ?
i predict $7 to $9 after a few hours, could be totally wrong here The problem is that a lot of guy will sold tomrrow for easy and quick money. Finaly, I'm not very enthousiast. Will see tomorrow. Supply is low, 39M from ico holders, many that understand the protocol of the smart contract/token will hodl, especially understanding this concept: Additional net purchases from the BNT smart token contract equivalent to 20% of the TGE supply (~80,000 ETH) — will raise BNT price by 87% (to 0.0187 ETH) and the supply of BNT by 7%. Double that amount of net purchases will raise the price by 167% (0.0267 ETH) and the supply by 12%. See more in this example spreadsheet which you can download and edit. ~ https://blog.bancor.network/bancor-network-token-bnt-activation-e1766b62a73d
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what do you guys think this opens at (price in $) $2? $3?
It hit 4$ on liqui, so i'll hold my stash, and see how it goes when trading goes live on trex or if it gets listed on polo
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As stated in the email received from them 2 days ago:
DECENT Times - June 19th 2017 Greetings from DECENT
ICO Reclamation is Upon Us!
Over the next few days, all DECENT ICO participants will receive instruction, via email, on how to transfer your DCT Balance to the ICO Reclaim Portal. Basically, it’s going to work like this:
Wait for the instructional email (sent in batches)
Follow the instructions in the email to access the ICO Reclaim Portal
Rejoice
I await for this email...
The emails were distributed, please just follow the instruction you received. Welcome. Thank you for trusting us.
YOUR CURRENT BALANCE: [omitted] DCT This ICO account is not created in blockchain. Once the DECENT Blockchain network is released, you will be asked to create your Blockchain account & Wallet with your current DCT Balance in DECENT GO application.
For This purpose please generate your unique brainkey which you will need once DECENT GO is liveothers got the same result?
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As stated in the email received from them 2 days ago:
DECENT Times - June 19th 2017 Greetings from DECENT
ICO Reclamation is Upon Us!
Over the next few days, all DECENT ICO participants will receive instruction, via email, on how to transfer your DCT Balance to the ICO Reclaim Portal. Basically, it’s going to work like this:
Wait for the instructional email (sent in batches)
Follow the instructions in the email to access the ICO Reclaim Portal
Rejoice
I await for this email...
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