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Author Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem  (Read 375656 times)
JesusCryptos
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December 27, 2017, 08:47:31 PM
 #5301

Bancor platform is on permanent increase by adding more and more tokens. I do believe the hard waiting time is over and new year will bring us fruits for our investment and holding. Future belongs to decentralized automated token convertors and Bancor is very advanced in this filed.

Yes, so it is. The question for us investors is how much time it will take for this process to gain critical mass and turn into mass adoption.

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mrtryonebiggums
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December 27, 2017, 08:59:15 PM
 #5302

But I still don't understand what purpose this token is serving on Bancor platform also do you think people will prefer to use the platform instead of centralised exchanges because I still feel liquidity is still a big issue

The token itself will be a reserve for all currencies thus if the protocol gets adopted fully the token will increase in value over time. We are in the infant phase still and I believe sometime next year we will get near or surpass the ICO price but I don't think that will happen until we get more coins and tokens on the protocol I am roughly guessing about 50 will do the trick.

XCNP
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December 28, 2017, 07:57:14 AM
 #5303

Once price are over $5 next floors will be lot more easy. This token should be traded at above $10 with current work and from there at least 2x-4x when the platform will see larger adoption will be used by a reasonable number of users on daily basis. I saw the trading will be automated.
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December 28, 2017, 08:01:38 AM
 #5304

Bancor platform is on permanent increase by adding more and more tokens. I do believe the hard waiting time is over and new year will bring us fruits for our investment and holding. Future belongs to decentralized automated token convertors and Bancor is very advanced in this filed.

Yes, so it is. The question for us investors is how much time it will take for this process to gain critical mass and turn into mass adoption.

Yes, I belive decentralised exchanges will be the thing in 2018. There are already many projects during developement trying to become the next Binance (without centralization). But bancor is more than that, because its unique, autonomous price discovery system, which doesn't need buyer and seller to match their orders. I haven't seen anything like that in any whitepaper of those other projects. Plus the ability to make your own tokens on the platform. So Bancor is the whole, exceptional ecosystem for creating, trading and managing tokens with place for community discussion, bounties etc.
HitTheLow
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December 28, 2017, 06:11:43 PM
 #5305

This project is taking off. Finally the waiting game is over now it's time for the outcome

BTC: 16ZegvHooaNNUV7pZPCNoj5QSY5i8Gs6zD
BancorAmbassador
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December 28, 2017, 06:57:57 PM
 #5306

But I still don't understand what purpose this token is serving on Bancor platform also do you think people will prefer to use the platform instead of centralised exchanges because I still feel liquidity is still a big issue

BNT is the hub token that connects all tokens in the Bancor Network, allowing them to be easily convertible to each other thanks to their liquidity to BNT. BNT holds a connector balance in ETH, making all the network’s tokens convertible to and from ETH, as well as any other token in the network.
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December 28, 2017, 07:04:41 PM
 #5307

Some BIG announcements today!

#1 - The Bancor Web App has just completed a MAJOR upgrade. Check out the new look and functions here: https://app.bancor.network/discover Cool

#2 - MANA Token is now LIVE on the Bancor Network for continuous, decentralized and automated liquidity. Check it out on the Web App to convert MANA, BNT, ETH and other tokens directly from your Web3 wallet: https://app.bancor.network/communities/5a2cfa6c93d1f500018b03f0/currency

#3 - trade.io Partners with Bancor Protocol to Provide Continuous Liquidity to Token Holders: http://www.newsbtc.com/2017/12/28/trade-io-partners-bancor-protocol-provide-continuous-liquidity-token-holders/
maryhansenn
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December 28, 2017, 11:21:28 PM
 #5308

I converted 25 enj to 33 enjbnt so with a value of 0.08 as per app I would get back less. 33*0.08=2.64/0.144=18enj. Is this correct?
l0uisStanley
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December 28, 2017, 11:31:13 PM
 #5309

If the value of BNT goes up and the value of ENJ remains stable. Does that negatively impact the value of ENJBNT if I wish to convert this back to BNT?
lsqgoddess
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December 29, 2017, 02:34:19 AM
 #5310

BNT is under ico price, as always, I sold at 25-28k, now is 36k? I made money from other projects, fortunately.
TheCrimsonFucker
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December 29, 2017, 02:38:32 AM
 #5311

BNT is under ico price, as always, I sold at 25-28k, now is 36k? I made money from other projects, fortunately.
It's necessary to have patience with the ICO, Bancor is project that will guarantee liquidity to the numerous initial projects, currently, Decentraland and Storm are the projects I'm involved and they are in Bancor! Soon people will understand that Bancor is useful and the price will rise.
Buerra
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December 29, 2017, 07:23:30 AM
 #5312

Last couple days around 4-6am pump happens than all day try to reach that all day high price. I feel like pump is on the way.
Btw new site looks much more better
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December 29, 2017, 07:28:46 AM
 #5313

The app website is amazing. Once bancor adds more projects, token relays and wallet it's value will increase
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December 29, 2017, 07:41:41 AM
 #5314

BNT is under ico price, as always, I sold at 25-28k, now is 36k? I made money from other projects, fortunately.
The price is lower than the ico's issue price, mainly the development progress is too slow, not transparent.
Hope to improve.

ayasemoon789
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December 29, 2017, 07:51:31 AM
 #5315

BNT is under ico price, as always, I sold at 25-28k, now is 36k? I made money from other projects, fortunately.
The price is lower than the ico's issue price, mainly the development progress is too slow, not transparent.
Hope to improve.
Low price persistence is very consumer power, because the current market is very hot, you will miss the profits of this capital, but from the project point of view, the stability is not a bad thing to go
susu
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December 29, 2017, 07:59:40 AM
 #5316

BNT is under ico price, as always, I sold at 25-28k, now is 36k? I made money from other projects, fortunately.
The price is lower than the ico's issue price, mainly the development progress is too slow, not transparent.
Hope to improve.
Low price persistence is very consumer power, because the current market is very hot, you will miss the profits of this capital, but from the project point of view, the stability is not a bad thing to go

So this is a good project does not make money.

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December 29, 2017, 09:06:02 AM
 #5317

It is great to see that Bancor has finnally been stable above ICO price in USD. Of course the Eth/BNT or btc/BNT ratio is still crappy (given the low btc and eth price during the ICO), but some improvement has been made. I hope that Bancor will get to keep up with the increasing Eth price.
hisun
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December 29, 2017, 09:11:17 AM
 #5318

It is great to see that Bancor has finnally been stable above ICO price in USD. Of course the Eth/BNT or btc/BNT ratio is still crappy (given the low btc and eth price during the ICO), but some improvement has been made. I hope that Bancor will get to keep up with the increasing Eth price.
Hold eth can get higher returns.
LegendX
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December 29, 2017, 09:50:23 AM
 #5319

Hi, guys. How can I start my own community in the bancor app? I don't see such a button. There are drafts, published communities, but no "new community" button?
ivaf
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December 29, 2017, 10:08:38 AM
 #5320

Hi, guys. How can I start my own community in the bancor app? I don't see such a button. There are drafts, published communities, but no "new community" button?

Try to ask at support@bancor.network

A new generation of influencer advertising is here. Instead of negotiating with each blogger, Adhive sends your offer to all of them automatically using Ethereum smart contracts. Meet the newest addition to the Bancor Network for decentralized liquidity!
https://medium.com/adhive/adhive-partners-up-with-bancor-network-c78abfa6502f
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