[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem

[DigitalNinja]

Contract law (crying laughing face) you do know that a contract has to be signed in wet ink by all parties to stand in law? I sure didnt sign any contract hahaha. I stopped reading there because i know that

[1714897025]

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[1714897025]

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[symylmn]

i send eth with ethereum free wallet (mobile phone). it is not privacy key. so token not come my wallet. i am send eth but didn't come bancor token. what can i do. help me please

[DigitalNinja]

i send eth with ethereum free wallet (mobile phone). it is not privacy key. so token not come my wallet. i am send eth but didn't come bancor token. what can i do. help me please

If your eth has been recieved to the ico account then the BNT will be with you. You need to use another wallet to see them. Like myetherwallet.

[520Bit]

i send eth with ethereum free wallet (mobile phone). it is not privacy key. so token not come my wallet. i am send eth but didn't come bancor token. what can i do. help me please

Why not follow the steps? Never send your ETH before you know how to participate it.

https://blog.bancor.network/how-to-contribute-to-the-bancor-protocol-fundraiser-4306654a1a08

[Gantzer]

i send eth with ethereum free wallet (mobile phone). it is not privacy key. so token not come my wallet. i am send eth but didn't come bancor token. what can i do. help me please

Man I'm sorry for you, is it this wallet?

https://freewallet.org/support/knowledgebase/can-i-receive-tokens/

Seems their FAQ says they don't support tokens right now.

https://freewallet.org/support/knowledgebase/where-are-my-private-keys/

You could TRY to email them and explain the situation, ask for the private keys or ask if they can somehow try to send you the tokens to another address. May not work though

[paulmaritz]

Contract law (crying laughing face) you do know that a contract has to be signed in wet ink by all parties to stand in law? I sure didnt sign any contract hahaha. I stopped reading there because i know that

Not always. However, most companies reserve the right to modify Terms & Conditions attached to the products and services they sell without prior notification.

[CECVW]

Is this real https://hitbtc.com/exchange/BNT-to-BTC

Is it alreadt trading in hibtc exchange?

[Gantzer]

Is this real https://hitbtc.com/exchange/BNT-to-BTC

Is it alreadt trading in hibtc exchange?

They are trading IOUs apparently.

[symylmn]

thank you. I sent it for the first time. so i am a mistake.

[crypt0dude]

I only read till the part that you say they should stop at 1 hour.
 Coz at this point you clearly dont read properly.
Why waste my time reading the fud.

They have no reasons to stop in 1 hour even if there no attack and no clogged transaction
because the cap not even reach yet at that time.


Duration: The fundraiser will run for 14 days or until the hidden cap is reached, with a 1 hour minimum time.

https://blog.bancor.network/bancor-network-token-bnt-contribution-token-creation-terms-48cc85a63812

You're proven me correct that most of you are a bunch of idiotic sheeple without intelligence.
Reading is hard, huh? And no arguments given, again, no surprise. The fact that you say it yourself that "Coz at this point you clearly dont read properly" means you don't understand anything what you read, which may be a sign of a mental attention disorder.

Quote:
"Clause 14: Initial creation period is either one hour or until the hidden cap has been reached. It must be at least one hour, but when the hidden cap has not been reached, it will be longer.
Clause 15: Here it clearly states the minimal initial creation period is 1 hour long. Not more. Not less.
Clause 16: "After the Minimal Initial Creation Period, the Initial Creation Period automatically ends once the Hidden Cap as implemented in the SCS has been reached."

So, the "Minimal Initial Creation" period is one hour long. After that time is up, we're into the Initial Creation Period, which terminates once the hidden cap has been reached. The hidden cap was 250k ETH.
250k ETH was reached at 2 hours, which is after the "Minimal Creation Period" that is very clearly stated to be 1 hour long. Because the hidden cap was reached after the "Minimal Creation Period", the hard cap ends the ICO."

Clearly, you talk non-sense, because it went longer than 2 hours up to 3 hours. Again, where are your arguments? They're clearly in violation of their own T&C, yet you keep defending with ZERO arguments, pathetic!

Just as DigitalNinja is shilling and acting like a clown, by spouting bullshit and opinions, which his posts show only activity in this thread @ https://bitcointalk.org/index.php?action=profile;u=1008945;sa=showPosts;start=60

Contract law (crying laughing face) you do know that a contract has to be signed in wet ink by all parties to stand in law? I sure didnt sign any contract hahaha. I stopped reading there because i know that

See this intelligence of @ DigitalNinja. Contracts don't have to be signed in "wet ink by all parties". You must be blind that one of the other terms was that you're not a US citizen/resident and by contributing, you have given consensus to this case, which is enough to be used in court against you. You clearly don't understand law at all. For example: Clicking on the terms and agreements at Paypal account creation, you're already binded by the terms in court. I'm getting tired of stupid people like you.

[CECVW]

Is this real https://hitbtc.com/exchange/BNT-to-BTC

Is it alreadt trading in hibtc exchange?

They are trading IOUs apparently.

what is IOUs?

Can someone from Bankor team comfirn if they are trading real BNT?

[symylmn]

i send eth with ethereum free wallet (mobile phone). it is not privacy key. so token not come my wallet. i am send eth but didn't come bancor token. what can i do. help me please

Man I'm sorry for you, is it this wallet?

https://freewallet.org/support/knowledgebase/can-i-receive-tokens/

Seems their FAQ says they don't support tokens right now.

https://freewallet.org/support/knowledgebase/where-are-my-private-keys/

You could TRY to email them and explain the situation, ask for the private keys or ask if they can somehow try to send you the tokens to another address. May not work though

yes this wallet I sent mail but They told me not send private keys.

[Gantzer]

Is this real https://hitbtc.com/exchange/BNT-to-BTC

Is it alreadt trading in hibtc exchange?

They are trading IOUs apparently.

what is IOUs?

Can someone from Bankor team comfirn if they are trading real BNT?

From what I read, they got a load in the presale and now are trading an IOU where they will send you the BNT once it's unlocked. However it's probably best to do as you say and get confirmation from a dev.

[crypt0dude]

Contract law (crying laughing face) you do know that a contract has to be signed in wet ink by all parties to stand in law? I sure didnt sign any contract hahaha. I stopped reading there because i know that

Reading must be hard, huh? What do you think I meant with "2 year shitty contract" when I refered to their terms. Kids these days...
See also reply to contract and law above @ https://bitcointalk.org/index.php?topic=1789222.msg19533711#msg19533711. You clearly don't understand both.
Why are you involved in crypto's by the way? You can't even relate bancor's terms regarding 2 year contract is tied to Ethereum smart contract.

I can give you some advice: Better to invest that money in yourself, i.e. education. Maybe you can bring value to the world, instead of a destroyer of knowledge and truth.

[chesthing]

Cryptodude, get a life.

So what is the possible value of this token? could 1 bnc be worth sevral eth? after all, this isn't a coin it's potentially a monstrous platform.

[Shahrul09]

Ughhh i dont know why that guy try so hard here. This is bancor thread of course ppl in here believe in bancor.

I written there 'even if the transaction not get clogged'
What the team done after the clogged transaction happen, they extend the time limit to 3 hour( that not wrong at all for me becaus the cap not even reach yet at this time) and then they need to find a way to send stop order through the clogged transaction whic fail btw. So?

Any investor that dont like with that can liquidate after this.
They have decided to allocate any proceeds collected in the minimum hour which exceed the hidden cap as follows:

20% will be allocated to the BNT Ether Reserve, to further improve the liquidity of BNT, which increases stability while reducing conversion costs (price slippage) for all.

80% will be locked for two years in a smart contract that will buy back BNT for 0.01 ETH (the initial price) whenever it is available, according to its calculated price. The purchased BNT will be added to the Foundation’s long-term budget, and after a 2-year period, any remaining ETH will be allocated pro-rata according to the “Use of Proceeds” chart in our Token Creation Terms.

Thats a 120k eth buy back wall at ico price.
Idk why this guy so bitter bout this.

Proud with his reddit peers, but in the fud thread about bancor there all making stupid accusation, didnot even read whitepaper and grasp concept., just listen to hearsay. Lol



The team react according to situation. He salty this ico can get huge amount. Lol

[avadhoot]

thank you. I sent it for the first time. so i am a mistake.

Talk to fellow investors on ICO Forum to avoid such mistakes in future. Here: http://icoforum.herokuapp.com

[crypt0dude]

Cryptodude, get a life.

So what is the possible value of this token? could 1 bnc be worth sevral eth? after all, this isn't a coin it's potentially a monstrous platform.

Well, it's time somebody says something against all the lies and disinfo, as to inform others with evidence and reason, so they can make an informed decision.
Filtering all those conjectures and opinions is wasted energy and good for nothing. That's why it isn't prevalent on Reddit and Steem as it is here.

Back to your question:
That will be determined by the free market. Right now, it has a huge market cap for a piece of paper and a test platform. It's not a platform, it's a specialty token, because it operates on Ethereum, so therefore I can say with confidence it will never be more than Ethereum.
Time will tell what is being delivered and how it's gonna change day to day interactions.

[SSRcard]

Is this real https://hitbtc.com/exchange/BNT-to-BTC

Is it alreadt trading in hibtc exchange?

Obviously in the transaction IOU, the price was significantly higher than expected

[DigitalNinja]

I only read till the part that you say they should stop at 1 hour.
 Coz at this point you clearly dont read properly.
Why waste my time reading the fud.

They have no reasons to stop in 1 hour even if there no attack and no clogged transaction
because the cap not even reach yet at that time.


Duration: The fundraiser will run for 14 days or until the hidden cap is reached, with a 1 hour minimum time.

https://blog.bancor.network/bancor-network-token-bnt-contribution-token-creation-terms-48cc85a63812

You're proven me correct that most of you are a bunch of idiotic sheeple without intelligence.
Reading is hard, huh? And no arguments given, again, no surprise. The fact that you say it yourself that "Coz at this point you clearly dont read properly" means you don't understand anything what you read, which may be a sign of a mental attention disorder.

Quote:
"Clause 14: Initial creation period is either one hour or until the hidden cap has been reached. It must be at least one hour, but when the hidden cap has not been reached, it will be longer.
Clause 15: Here it clearly states the minimal initial creation period is 1 hour long. Not more. Not less.
Clause 16: "After the Minimal Initial Creation Period, the Initial Creation Period automatically ends once the Hidden Cap as implemented in the SCS has been reached."

So, the "Minimal Initial Creation" period is one hour long. After that time is up, we're into the Initial Creation Period, which terminates once the hidden cap has been reached. The hidden cap was 250k ETH.
250k ETH was reached at 2 hours, which is after the "Minimal Creation Period" that is very clearly stated to be 1 hour long. Because the hidden cap was reached after the "Minimal Creation Period", the hard cap ends the ICO."

Clearly, you talk non-sense, because it went longer than 2 hours up to 3 hours. Again, where are your arguments? They're clearly in violation of their own T&C, yet you keep defending with ZERO arguments, pathetic!

Just as DigitalNinja is shilling and acting like a clown, by spouting bullshit and opinions, which his posts show only activity in this thread @ https://bitcointalk.org/index.php?action=profile;u=1008945;sa=showPosts;start=60

Contract law (crying laughing face) you do know that a contract has to be signed in wet ink by all parties to stand in law? I sure didnt sign any contract hahaha. I stopped reading there because i know that

See this intelligence of @ DigitalNinja. Contracts don't have to be signed in "wet ink by all parties". You must be blind that one of the other terms was that you're not a US citizen/resident and by contributing, you have given consensus to this case, which is enough to be used in court against you. You clearly don't understand law at all. For example: Clicking on the terms and agreements at Paypal account creation, you're already binded by the terms in court. I'm getting tired of stupid people like you.

Ok and how exactly does a court prove it was you the (human being) that clicked those terms? If you study common law you will soon realise you are very wrong. This account has a low post count my other does not.

edit - Cryptodude is 1 salty as fk troll. ive seen so many of these types eat their words its unreal. have fun cryptodude while it lasts meanwhile the rest of us will carry on supporting this project. go and pick the toys up you have thrown out of your pram child.