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

[thehun]

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

While Bancor is all fine and dandy, I don't think it's a replacement for a full fledged Exchange. We need order books and the ability to trade and Bancor has none of that. At best Bancor can fill the role of ShapeShift and is ideal for people who need instant liquidity. We will a need platform like Waves to fully replace centralized Exchanges.

Why are order books necessary? IMO they are worthless because you don't have any information about the money out of the book ready to jump in.

Trading will be possible when a decent UI is developed, and there it should be possible to set entry and exit points, use charts, indicators, etc.

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[ngin-x]

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

While Bancor is all fine and dandy, I don't think it's a replacement for a full fledged Exchange. We need order books and the ability to trade and Bancor has none of that. At best Bancor can fill the role of ShapeShift and is ideal for people who need instant liquidity. We will a need platform like Waves to fully replace centralized Exchanges.

Why are order books necessary? IMO they are worthless because you don't have any information about the money out of the book ready to jump in.

Trading will be possible when a decent UI is developed, and there it should be possible to set entry and exit points, use charts, indicators, etc.

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

[thehun]

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

Buy and sell walls can appear and disappear any second and spoil any strategy based on them. In fact I'm pretty sure it's the big whales who set them just to manipulate the market.

Do forex traders use order books?

[dishku]

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

Buy and sell walls can appear and disappear any second and spoil any strategy based on them. In fact I'm pretty sure it's the big whales who set them just to manipulate the market.

Do forex traders use order books?

https://www.bancor.network/BNT

There is next generation exchange available for on this platform than why still people are looking for other exchanges.

[nathalie20]

When will the bounty coins be distributed?

You can ask the bounty campaign manager on their bounty app. She will give you answers to questions related to bounties.

I asked this question a few days ago - still no answer

Spam is your kind of person
asked and not to see the answer,but also talk about the bounty manager did not answer?  

Yes you are never wrong? Is it strange that I did not see this answer?
And your answer is as pitiful as you are

[turquaise]

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

Buy and sell walls can appear and disappear any second and spoil any strategy based on them. In fact I'm pretty sure it's the big whales who set them just to manipulate the market.

Do forex traders use order books?

https://www.bancor.network/BNT

There is next generation exchange available for on this platform than why still people are looking for other exchanges.

because its very hard and not useful. i am sure it will be more easy in the future.

[X1235]

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

You mean without the whales' influence? Invaluable for whom? Only the fucking whales profit from these walls.

[inck]

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?

If you search for a "get quickly rich"-token, search elsewhere.

[bobq]

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

Buy and sell walls can appear and disappear any second and spoil any strategy based on them. In fact I'm pretty sure it's the big whales who set them just to manipulate the market.

Do forex traders use order books?

https://www.bancor.network/BNT

There is next generation exchange available for on this platform than why still people are looking for other exchanges.

Because they like to gamble. I had abandoned the crypto world (big mistake BTW, I'd be now rich if I hadn't) a few months months after having discovered it in 2014 just because it was little more than a giant casino of gamblers and cheaters, which I didn't like. Pump& dumps schemes, fake walls, in time I've learnt on my skin all the dirty tricks whales use in exchanges. People who like to play and/or to gamble still prefer exchanges (I'm now having some fun in exchanges myself, BTW), but for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

[ngin-x]

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

You mean without the whales' influence? Invaluable for whom? Only the fucking whales profit from these walls.

Whales are part of the market and since you can't beat them, it's better to join them right? I would rather be riding the waves with them than getting crushed under their weight.

[X1235]

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

You mean without the whales' influence? Invaluable for whom? Only the fucking whales profit from these walls.

Whales are part of the market and since you can't beat them, it's better to join them right? I would rather be riding the waves with them than getting crushed under their weight.

Quite short-sighted statement of yours. BNT is about any exchange, not just the crypto.

[Gekkoo]

Is it true that the rewards can be moved next week? When will we be able to offer liquidity to currencies? In fact, Bancor does not need exchange, because it's absolute! Right?

[styca]

... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

[jennywhzz]

... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

I think that you guys might be hitting on one of the biggest benefits and not even stating the fact.  You mention that the buy and sell prices will will match and things like, based on the tokens price controls, but people miss a big thing.  One of the hardest things to getting public acceptance of Bitcoin is the constant and furious value changes.

[CryptoRobert]

... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

I think that you guys might be hitting on one of the biggest benefits and not even stating the fact.  You mention that the buy and sell prices will will match and things like, based on the tokens price controls, but people miss a big thing.  One of the hardest things to getting public acceptance of Bitcoin is the constant and furious value changes.

I completely agree. Cryptoccurrencies are now handled as assets for speculation only. Bancor may help smoothing speculation, reducing volatility and developing all Cryptoccurrencies towards what they are supposed to be: real money.

[MFahad]

... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

I think that you guys might be hitting on one of the biggest benefits and not even stating the fact.  You mention that the buy and sell prices will will match and things like, based on the tokens price controls, but people miss a big thing.  One of the hardest things to getting public acceptance of Bitcoin is the constant and furious value changes.

There may not be a $50 pop everyday, but there is a high amount of flucation and that can make it hard on people to use.  A $1000 paycheck that is deposited into your Bitcoin account at one price index can become $1100 or $900 by the time that the wallet holder gets to the store to spend the Bitcoins.

[mrayazgul]

... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

I think that you guys might be hitting on one of the biggest benefits and not even stating the fact.  You mention that the buy and sell prices will will match and things like, based on the tokens price controls, but people miss a big thing.  One of the hardest things to getting public acceptance of Bitcoin is the constant and furious value changes.

There may not be a $50 pop everyday, but there is a high amount of flucation and that can make it hard on people to use.  A $1000 paycheck that is deposited into your Bitcoin account at one price index can become $1100 or $900 by the time that the wallet holder gets to the store to spend the Bitcoins.

Since confirmations take time, people have to plan on a public purchase ahead if they do not have Bitcoins in their spending wallet and the amount can have changed a good amount by the time they drive to the store.
 

[CryptoRobert]

When do you think that Bancor's price will detach from Ethereum's? At the moment, should Ethereum's price sensibly decrease, so would Bancor's, even though this would have nothing to do with the sentiment of investors towards Bancor.

[cryptomartin]

Guys, when I will be able to get tokens from the bounty account? At the moment it says - coming soon.

[vinipoars]

Guys, when I will be able to get tokens from the bounty account? At the moment it says - coming soon.

coming soon.