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

[NrX]

Noob question, if I want to withdraw my bnt from bittrex to parity wallet...are there any fees involved?

This is obvious thing that Bittrex will charge some fee because exchanges don't work for free. It doesn't matter what are you trying to withdraw you will have to pay some prescribed fee for that specific fee. I hope this answer will help you to proceed further the way you want.

[1714564646]

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[Lyd]

Noob question, if I want to withdraw my bnt from bittrex to parity wallet...are there any fees involved?

This is obvious thing that Bittrex will charge some fee because exchanges don't work for free. It doesn't matter what are you trying to withdraw you will have to pay some prescribed fee for that specific fee. I hope this answer will help you to proceed further the way you want.

Thanks for the answer. It helps

[anahata]

can bancor price go under 0.01 eth?

It can, but only after that a 107.99K ETH buy wall set by the Bancor team as a floor is depleted. Which is not very likely in my view.

Let's wait for the big bounty dump. soon.

price will not be lower than 0.01 ETH for 1 BNT. Deavs told us about. So bounty could dump price to that amount. So we should expect only rising soon, after bounty distribution.

So what happens after the buy wall is depleted? After that no one can stop it's downward movement. The team has also gone slow on development. Looks like the most anticipated projected of the year will just fizzle out.

[sud]

can bancor price go under 0.01 eth?

It can, but only after that a 107.99K ETH buy wall set by the Bancor team as a floor is depleted. Which is not very likely in my view.

Let's wait for the big bounty dump. soon.

price will not be lower than 0.01 ETH for 1 BNT. Deavs told us about. So bounty could dump price to that amount. So we should expect only rising soon, after bounty distribution.

So what happens after the buy wall is depleted? After that no one can stop it's downward movement. The team has also gone slow on development. Looks like the most anticipated projected of the year will just fizzle out.

I wouldn't worry too much for now, ICO ended like 2 weeks ago? Bancor has 100k ETH to hold the price, it's enough for a while. I think we can cool down for 2-3 months and wait for platform developement. Latest news is BNT-GNT exchange pair will be availble soon.

[hero1111]

Hello guys When withdraw buttun will be active for BNCHDL? Anybody know it? or any guess?

[Shahrul09]

can bancor price go under 0.01 eth?

It can, but only after that a 107.99K ETH buy wall set by the Bancor team as a floor is depleted. Which is not very likely in my view.

Let's wait for the big bounty dump. soon.

price will not be lower than 0.01 ETH for 1 BNT. Deavs told us about. So bounty could dump price to that amount. So we should expect only rising soon, after bounty distribution.

So what happens after the buy wall is depleted? After that no one can stop it's downward movement. The team has also gone slow on development. Looks like the most anticipated projected of the year will just fizzle out.

When the wall going down.
Price will go up or down according to the total token supply.( more total supply will increase the value, less token will reduce it)

Just bear in mind that to reach 0 value all token need to be sell.
The devs team hold 50% of BNT now, when the wall is going down, that will add around 12% more BNT for the team to hold.

So i dont see a point where the value will go down more than 50% from ico price. That is 0.005eth. Because the team hold the 50% bnt and wont sell it.

[Shahrul09]

Update for bounty withdrawal.


Some updates on how the process will work:
The withdraw button will become enabled and in the pop up you will see a place to enter your wallet address to withdraw your tokens to BNT.
Important: Do not use exchange wallet address. You must use a wallet that supports ERC20 tokens (such as myetherwallet or parity). Using the incorrect address will result in losing the BNT.

We are planning to have everything ready and activate the enable button on July 12 

[MsCollec]

Still HODL, hoping we see moon after the weak hands are gone.

[majestymage]

Still HODL, hoping we see moon after the weak hands are gone.

oh..i am sure this will moon...even with the weak hands around 

[majestymage]

on telegram they just posted a date for the activation of the button for withdrawals...12 july.

[bobq]

Still HODL, hoping we see moon after the weak hands are gone.

oh..i am sure this will moon...even with the weak hands around 

I'm more optimist, I think it will Mars, or even Jupiter

[atchoum6760]

Great news for the July 12 and  i hope people hold.

[vinipoars]

Update for bounty withdrawal.


Some updates on how the process will work:
The withdraw button will become enabled and in the pop up you will see a place to enter your wallet address to withdraw your tokens to BNT.
Important: Do not use exchange wallet address. You must use a wallet that supports ERC20 tokens (such as myetherwallet or parity). Using the incorrect address will result in losing the BNT.

We are planning to have everything ready and activate the enable button on July 12 

Good news. Thank you. I remain very hopeful about this project. I intend to hold everything I've earned from the bounty.

[estenity]

Still HODL, hoping we see moon after the weak hands are gone.

25,114 transactions in the last 24 hours for waves DEX, how much for bancor ? to compare activity...
http://www.wavesgo.com/stats.html

[lokojones]

can bancor price go under 0.01 eth?

It can, but only after that a 107.99K ETH buy wall set by the Bancor team as a floor is depleted. Which is not very likely in my view.

Let's wait for the big bounty dump. soon.

price will not be lower than 0.01 ETH for 1 BNT. Deavs told us about. So bounty could dump price to that amount. So we should expect only rising soon, after bounty distribution.

So what happens after the buy wall is depleted? After that no one can stop it's downward movement. The team has also gone slow on development. Looks like the most anticipated projected of the year will just fizzle out.

When the wall going down.
Price will go up or down according to the total token supply.( more total supply will increase the value, less token will reduce it)

Just bear in mind that to reach 0 value all token need to be sell.
The devs team hold 50% of BNT now, when the wall is going down, that will add around 12% more BNT for the team to hold.

So i dont see a point where the value will go down more than 50% from ico price. That is 0.005eth. Because the team hold the 50% bnt and wont sell it.

that's really good news because I will start buying on 50% drop:)

[Marokela]

can someone post a good explanation on why BNT is sinking every day?

because i is selling it every day

I am pretty sure when Dev update App, it would be going up soon...

[Marokela]

can bancor price go under 0.01 eth?

It can, but only after that a 107.99K ETH buy wall set by the Bancor team as a floor is depleted. Which is not very likely in my view.

Let's wait for the big bounty dump. soon.

Bounty hunter wont dump in the price floor contract, they will dump in exchanges for better rate,
Even if they dump in price floor contract its would be just around 5850 eth (585,000 bnt) for all bounty now.

That is so small compare to the 107,990 eth in price floor.

I didn't do the math (bounty vs. wall), thank you.

ah, I see. Good info. Thanks

[yufu571]

Hold BNT for more than 2 years~

[freew5660]

Hold BNT for more than 2 years~

I got some from ICO.

Thinkinf of holding for a long time too.

[bobq]

can bancor price go under 0.01 eth?

It can, but only after that a 107.99K ETH buy wall set by the Bancor team as a floor is depleted. Which is not very likely in my view.

Let's wait for the big bounty dump. soon.

price will not be lower than 0.01 ETH for 1 BNT. Deavs told us about. So bounty could dump price to that amount. So we should expect only rising soon, after bounty distribution.

So what happens after the buy wall is depleted? After that no one can stop it's downward movement. The team has also gone slow on development. Looks like the most anticipated projected of the year will just fizzle out.

When the wall going down.
Price will go up or down according to the total token supply.( more total supply will increase the value, less token will reduce it)

Just bear in mind that to reach 0 value all token need to be sell.
The devs team hold 50% of BNT now, when the wall is going down, that will add around 12% more BNT for the team to hold.

So i dont see a point where the value will go down more than 50% from ico price. That is 0.005eth. Because the team hold the 50% bnt and wont sell it.

that's really good news because I will start buying on 50% drop:)

Even if the bounty hunters would dump ALL their BNts that wouldn't do much harm to the buy wall. I am one of the bounty hunters, by the way, and not only I won't sell a single BNT, but I bought BNT at ICO, and I bough more when it hit the market. Some bounties will be dumped, of course, but others won't.