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Author Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem  (Read 375656 times)
DynamQ
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August 07, 2017, 11:51:03 AM
 #4121

worst investment ive ever done, i hope it changes this downtrend soon..
Have patience and when there will be a ready product the price for a token will please you Wink
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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mangrooooo
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August 07, 2017, 04:36:37 PM
 #4122

worst investment ive ever done, i hope it changes this downtrend soon..

Im on the same boat Angry Angry Angry
Shahrul09
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August 07, 2017, 04:45:27 PM
 #4123

Update on 'why no update on official blog.

From Galia @ Bancor
A challenging reality is that even our blog posts now need legal clearance, so everything (publicly facing) takes longer, though is in the best interest of the project. The good news is that the developers are unaffected and working around the clock on the main event, the products themselves, including easy buy/sell contracts, token changers UX, new website with smart contracts productized appropriately and better stats, and the end-user token/community creation app, as well as relevant APIs for partnerships. We understand the no news is bad news sentiment, which is why we're as active as possible here, and doing tons of outreach with reporters, at upcoming events, and in industry channels. We are also spending a lot of time working with upcoming token launch teams on integrating smart token functionality, and you can expect some exciting announcements on that front soon. Hang tight!
vinipoars
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To the moon!


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August 07, 2017, 05:29:32 PM
 #4124

Update on 'why no update on official blog.

From Galia @ Bancor
A challenging reality is that even our blog posts now need legal clearance, so everything (publicly facing) takes longer, though is in the best interest of the project. The good news is that the developers are unaffected and working around the clock on the main event, the products themselves, including easy buy/sell contracts, token changers UX, new website with smart contracts productized appropriately and better stats, and the end-user token/community creation app, as well as relevant APIs for partnerships. We understand the no news is bad news sentiment, which is why we're as active as possible here, and doing tons of outreach with reporters, at upcoming events, and in industry channels. We are also spending a lot of time working with upcoming token launch teams on integrating smart token functionality, and you can expect some exciting announcements on that front soon. Hang tight!

Glad to hear some good news! Devs are working hard, that's the more important thing!
BeggarInCryptos
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August 08, 2017, 07:53:08 PM
 #4125

Update on 'why no update on official blog.

From Galia @ Bancor
A challenging reality is that even our blog posts now need legal clearance, so everything (publicly facing) takes longer, though is in the best interest of the project. The good news is that the developers are unaffected and working around the clock on the main event, the products themselves, including easy buy/sell contracts, token changers UX, new website with smart contracts productized appropriately and better stats, and the end-user token/community creation app, as well as relevant APIs for partnerships. We understand the no news is bad news sentiment, which is why we're as active as possible here, and doing tons of outreach with reporters, at upcoming events, and in industry channels. We are also spending a lot of time working with upcoming token launch teams on integrating smart token functionality, and you can expect some exciting announcements on that front soon. Hang tight!

Glad to hear some good news! Devs are working hard, that's the more important thing!

I am sure that they are working around the clock. Beware of devs who spend all their time chatting on the forums instead Smiley

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jibrelnetwork
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August 08, 2017, 07:58:31 PM
 #4126

They also have a superstar team and significant financial backing. I'm sure this project will deliver something special.

Visit https://jibrel.com/ - an online alternative investing marketplace that aims to better connect global investors with some of the world's fastest-growing startup economies.
Sam San
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August 08, 2017, 10:12:56 PM
 #4127

Update from Guy @ Telegram:

Multiple new bounty programs are roling out in August, including content creation, online and offline ambassadors. There will be many ways to contribute. You can follow what's happening here: t.me/bancorbounty

In the meantime, it is most helpful to communicate the core message behind the Bancor protocol. With so much misinformation floating around, one might have missed that Bancor deployed on Ethereum, an actual live, innovative smart contract technology, being used everyday to help address an important problem that has profound implications not only for cryptocurrency but all asset exchange, liquidity!
 
Bancor protocol introduces the concept of smart tokens. These new tokens have special capabilities such as a built-in automated market maker that enables decentralized, onchain transactions without a counterparty. Bancor protocol can also be used to create network tokens, token changers, token baskets and with an accompanying consumer-Internet UX, a long-tail of local currencies.

We will be sharing a lot of material over the coming months to help educate a wider audience on these concepts, as we simultaneously work to release great software that brings more liquidity and freedom.

Bancor to the moon!

The problem is not that people are not educated or that they don't understand the concept

It's about Bancor integrating their technology and make it easy for anyone to create these mentioned network tokens, token changes etc.

People need to use the platform for it to spread and become popular, only the testnet is currently available, which is.. well.. not very useful

Bancor has to make the promised features available (the software) before the idea can spread
the project has a certain mathematical model, in which there is no understand or do not understand the concept, the contract simply live their lives the robot. If the total tokens of the ether will rise, will rise bankor and the more they buy the higher the price.

juicejoyce
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August 09, 2017, 04:36:24 PM
 #4128

what is the next plan of  BANCOR?   just want more information about what dev team is doing ,  market need confidence from dev team
The detailed roadmap is here: https://trello.com/b/8SaOatUe/bancor-product-roadmap
The last completed task was on July 28: enabling buying and selling of tokens from the webapp interface (before it was done through the chatbot).

Nice to see some latest news about the Bancor, the market price is so stably and low, I almost forget it. But I do not worry about the price, I think the price will pleasure me when there is some valuable products.

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bobq
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August 09, 2017, 09:00:38 PM
 #4129

Everyone who is now so impatient to see BNT price rise again has to give time to natural selection to impose its effects. Bancor is not just "a new coin" or "just another token", it is a protocol which opens the way to a completely new mechanics of money, and its logical evoution is to be adopted in time by the majority of the existing and still not existing currencies (the long tail...). Once a critical mass of adopters will have adopted the Bancor protocol, natural selection will eventually push the rest of the financial crypto echosystem to adapt... or to fade away.

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August 09, 2017, 09:15:15 PM
 #4130

OK guys, looks like Bancor need some community support right now. They have launched new bounty program for offline & online ambassadors (aside from translations, which are also live), who will spread the word about all the possibilities of smart tokens. Check the site - https://app.bancor.network/communities/598314b64a93372697b7b88d - and participate if you qualify. I think the most important role will be offline ambassador, who has to organize meetups and find local business to educate and try to connect them with Bancor Network. It may be difficult but also fun!

I have never seen such a initiative for community in any of the blockchain projects so far.
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August 10, 2017, 12:53:48 PM
 #4131

The bancor team is working hard to release promised features, I'm holding my tokens until the Bancor token be in Top 10 in coin market cap
Lena_Storifier
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August 11, 2017, 10:40:38 AM
 #4132

I like what Bancor team is doing.
I have prepared a small visual summary of the technology and the problems that it solves.
https://medium.com/@StorifierCo/what-is-bancor-20fca8652e94
Please let me know if i missed something
Sitimunirah
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August 11, 2017, 03:13:44 PM
 #4133

Is there any estimated time for when the platform will be ready?
This year?2018? 2019?
puremage111
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August 12, 2017, 01:16:05 AM
 #4134

Need some information

Is the current price under the ICO price or above?

What's the ICO price per bancor? (with and without bonus)

Thanks!
AndrewBUD
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August 12, 2017, 02:15:35 AM
 #4135

For me, Bancor's ICO was unsuccessfull for investors. They could buy BNT from exchanges - and they can earn more than they take part ICO. ICO with big hard cup - bad ICO.


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Shahrul09
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August 12, 2017, 08:58:19 AM
 #4136

Need some information

Is the current price under the ICO price or above?

What's the ICO price per bancor? (with and without bonus)

Thanks!
There are no bonus or presale.
Everyone that invest in ico bought at 1eth= 100bnt
In fiat at that time is around 3.5$

And yes the current price is below ico price.
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August 12, 2017, 11:13:14 AM
 #4137

It's very difficult for Bancor's price to increase. I have seen this time and again whenever somebody buys a large chunk of BNT on Bittrex and pushes the price up within minutes, the automated arbitrage bots bring the price down by arbitraging against the smart contract. I don't see how the price will increase.
WhiteManWhite
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August 12, 2017, 12:43:20 PM
 #4138

It's very difficult for Bancor's price to increase. I have seen this time and again whenever somebody buys a large chunk of BNT on Bittrex and pushes the price up within minutes, the automated arbitrage bots bring the price down by arbitraging against the smart contract. I don't see how the price will increase.

Yes, I believe you.  But ... Tell me, who benefits from cheap bancor?  Is it developers, traders, holders or someone else?
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August 12, 2017, 01:09:01 PM
 #4139

you will confess... when pump?  Grin

I'm an idiot. I believe in Bitcoin!
Shahrul09
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August 12, 2017, 01:20:58 PM
 #4140

It's very difficult for Bancor's price to increase. I have seen this time and again whenever somebody buys a large chunk of BNT on Bittrex and pushes the price up within minutes, the automated arbitrage bots bring the price down by arbitraging against the smart contract. I don't see how the price will increase.
So why dont they buy from smart contract in first place?
Even if they buy from bittrex and arbitrge do their job buying cheap token in smart contract thus bring the both price to equilibrium there is still increase in price.
More token bought, higher the smart token contract price.

If you expect the manipulation pump n dump like others coin/token that can be done with merely few hundred btc... that not gonna happen with bancor.

Smart token contract cant be manipulate, the price will only increase with increase in token number.
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