BancorAmbassador
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Merit: 2
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March 18, 2018, 01:51:24 PM |
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I may be wrong, but will KNC be a competitor to Bancor? Or not? If this is true, the Bancor will face difficult times.
Yeah, Kyber is direct competition for Bancor, and there probably will be more such platforms sooner or later. But I wouldn't worry too much, Bancor has the first mover advantage and of course price discovery protocol. Does anyone know in what Kyber would differ from Bancor? I am very skeptical of any imitation project being able to take the leadership in this sector ahead of Bancor, for s number of reasons. But the emerging of concurrence anyway means that no major mistake will be forgiven by the market, so Bancor really has to focus on developement with no distractions. Kyber differs from Bancor primarily because it relies on the use of reserve managers to determine the price of a token. Anyone can apply to be a reserve manager. Bancor, on the other hand, uses a formula to determine price. Kyber tokens are used to charge fees and distribute rewards. BNT serves as the central hub token in Bancor's Decentralized Liquidity Network. |
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BancorAmbassador
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Activity: 242
Merit: 2
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March 18, 2018, 01:56:43 PM |
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You know, personally everything is pleasant to me here. And now there is such big addition quantity of coins, consider it very well. Constantly I see news and announcements on a different subject of development, at once it is visible that the project well develops. But in general now I think falling of the price depends on the general falling of the market. And probably these days a good opportunity to buy coins, so far the price falls, but it is temporary.
I agree with you. After the ICO has ended, the team constantly releases news about the development of the project or news about a new cooperation. I really like this approach to project development. The communication efforts are really awesome and they take effect as you can see. The community feels involved and kept up to date and that's also what makes them true HODLers. And in the future it will be possible to receive passive income from their BNT tokens. The Bancor project is one of the promising projects in my opinion. The passive income possibility is a big plus, but it also makes BNT more likely to be qualified as a security, doesn't it? The Bancor interface is very concise and clear, and I've got used to these operations. It's really great. Thanks for the positive feedback! Spread the word! |
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BancorAmbassador
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Activity: 242
Merit: 2
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March 18, 2018, 02:00:00 PM |
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Bancor is one of the few reliable ICOs to the point that they will be able to perform what's in the roadmap, since the financing was one of the largest in history and as a proposal is to guarantee liquidity, Bancor will be legal to help these numerous projects that will be abandoned or minimally without conditions to reach their goals, some know Bancor as the godfather of the tokens.
Thanks for this positive feedback. |
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BancorAmbassador
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Activity: 242
Merit: 2
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March 18, 2018, 02:17:25 PM |
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I really do not note that the team will be working on advertising and marketing the job. A lot of people are not aware of about Bancor.
Bancor has recently expanded its full time marketing team in the areas of growth, content and community management. We are now building out a strong 2018 including wider channel presence, network member promotion, regional strategies, events and meetups, partnerships, integrations and much more. |
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BancorAmbassador
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Activity: 242
Merit: 2
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March 18, 2018, 03:33:27 PM
Last edit: March 19, 2018, 08:18:41 AM by BancorAmbassador |
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Just used exchange for first time yesterday.
How long does it usually take for metamask balance to correctly show, after a transfer was completed to metamask?
If your TX has already cleared on Etherscan but is not showing in Metamask try switching from the Main Ethereum Network to a Test Network within Metamask, and then switching back to the Main Ethereum Network. This should refresh the plugin and display the balance. |
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BancorAmbassador
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Activity: 242
Merit: 2
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March 18, 2018, 03:43:11 PM |
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I just noticed now that cool widget with support of conversion of web3 wallet with more ease. Bancor is becoming more and more interesting seeing the development in various parts. You have here always what to read about continuous development either in strategic partnerships or technical fields. I adore this future shaping project which will be appreciated in future by everyone.
The Bancor team adores our awesome community. Thank you for sharing this feedback. We're just getting warmed up... |
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sagatel
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Activity: 280
Merit: 10
https://www.soar.earth/
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March 18, 2018, 08:06:33 PM |
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I really do not note that the team will be working on advertising and marketing the job. A lot of people are not aware of about Bancor.
Bancor has recently expanded its full time marketing team in the areas of growth, content and community management. We are now building out a strong 2018 including wider channel presence, network member promotion, regional strategies, events and meetups, partnerships, integrations and much more. That's good news. I hope your efforts will help to stay ahead of all potential competitors! But the falling market is a difficult test.  |
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HitTheLow
Full Member
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Activity: 590
Merit: 100
HIT the low and HOLD till moon
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March 18, 2018, 08:52:36 PM |
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I really do not note that the team will be working on advertising and marketing the job. A lot of people are not aware of about Bancor.
Bancor has recently expanded its full time marketing team in the areas of growth, content and community management. We are now building out a strong 2018 including wider channel presence, network member promotion, regional strategies, events and meetups, partnerships, integrations and much more. That's good news. I hope your efforts will help to stay ahead of all potential competitors! But the falling market is a difficult test. I didn't get.... which are bancor competitors? I think its the only project like this! I'm wrong?  |
BTC: 16ZegvHooaNNUV7pZPCNoj5QSY5i8Gs6zD
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ninjaskip
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March 18, 2018, 11:47:14 PM |
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You know, personally everything is pleasant to me here. And now there is such big addition quantity of coins, consider it very well. Constantly I see news and announcements on a different subject of development, at once it is visible that the project well develops. But in general now I think falling of the price depends on the general falling of the market. And probably these days a good opportunity to buy coins, so far the price falls, but it is temporary.
I agree with you. After the ICO has ended, the team constantly releases news about the development of the project or news about a new cooperation. I really like this approach to project development. The communication efforts are really awesome and they take effect as you can see. The community feels involved and kept up to date and that's also what makes them true HODLers. And in the future it will be possible to receive passive income from their BNT tokens. The Bancor project is one of the promising projects in my opinion. The passive income possibility is a big plus, but it also makes BNT more likely to be qualified as a security, doesn't it? The Bancor interface is very concise and clear, and I've got used to these operations. It's really great. That's good to know but it doesn't answer my question  Is it right to assume that BNT might be qualified as a security if it provides passive income streams or is that basically irrelevant? |
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sud
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March 19, 2018, 07:43:45 AM |
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The passive income possibility is a big plus, but it also makes BNT more likely to be qualified as a security, doesn't it?
The Bancor interface is very concise and clear, and I've got used to these operations. It's really great. That's good to know but it doesn't answer my question Is it right to assume that BNT might be qualified as a security if it provides passive income streams or is that basically irrelevant? I don't think BNT could be considered security, because you won't get any income solely by holding this tokens. I'm pretty sure it qualifies as utility, but you can't be 100% sure what SEC can come up with... |
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Dvd1989
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March 19, 2018, 09:25:37 AM |
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The recent crash has pushed Bancor back to last summer, right after the ICO. Painful to watch. I actually hoped that Bancor has made enough improvements to prevent the value taking a massive dive in a crash. Positive fact: it's a great time to buy  |
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foodstamps
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March 19, 2018, 11:53:12 AM |
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The recent crash has pushed Bancor back to last summer, right after the ICO. Painful to watch. I actually hoped that Bancor has made enough improvements to prevent the value taking a massive dive in a crash. Positive fact: it's a great time to buy In general, all projects fell due to the situation on the market. But you are right, this situation can be viewed as an opportunity to buy cheaper some tokens. |
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Brilliantrocket
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March 19, 2018, 02:53:47 PM |
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how does bancor plans to compete with kyber network when it will open to public and list more or similar coins as bancor
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BancorAmbassador
Jr. Member
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Activity: 242
Merit: 2
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March 19, 2018, 03:39:30 PM |
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how does bancor plans to compete with kyber network when it will open to public and list more or similar coins as bancor
Kyber is not really a direct competitor to Bancor as their platform utilizes reserve managers to determine token value and Bancor uses a price formula. Be that as it may, not only is competition good for the industry, but different liquidity networks can be connected to each other. Moreover, Blockchain with its open databases aren't winner-takes-all dynamics such as with the traditional Internet. |
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BancorAmbassador
Jr. Member
Offline
Activity: 242
Merit: 2
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March 19, 2018, 03:47:48 PM |
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I really do not note that the team will be working on advertising and marketing the job. A lot of people are not aware of about Bancor.
Bancor has recently expanded its full time marketing team in the areas of growth, content and community management. We are now building out a strong 2018 including wider channel presence, network member promotion, regional strategies, events and meetups, partnerships, integrations and much more. That's good news. I hope your efforts will help to stay ahead of all potential competitors! But the falling market is a difficult test. I didn't get.... which are bancor competitors? I think its the only project like this! I'm wrong? You are correct. |
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nelson4lov
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March 19, 2018, 04:52:06 PM
Last edit: March 19, 2018, 09:29:07 PM by nelson4lov |
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The recent crash has pushed Bancor back to last summer, right after the ICO. Painful to watch. I actually hoped that Bancor has made enough improvements to prevent the value taking a massive dive in a crash. Positive fact: it's a great time to buy When there's a bull run, Bancor doesn't moves up a lot. Just a little increase and it's done. But during a bear market, It sinks like a falling knife. Some Cryptocurrencies are able to maintain their values, losing just a bit of it when the market takes a dive. BNT still has a long, long way to go. |
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Jedgar
Member
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Activity: 219
Merit: 15
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March 19, 2018, 04:53:14 PM |
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The recent crash has pushed Bancor back to last summer, right after the ICO. Painful to watch. I actually hoped that Bancor has made enough improvements to prevent the value taking a massive dive in a crash. Positive fact: it's a great time to buy Price drop can be a boon to people like me who missed to take advantage of Bancor ICO. Yesterday I bought my first 1000 BNT. |
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ninjaskip
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March 19, 2018, 06:39:15 PM |
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The passive income possibility is a big plus, but it also makes BNT more likely to be qualified as a security, doesn't it?
The Bancor interface is very concise and clear, and I've got used to these operations. It's really great. That's good to know but it doesn't answer my question Is it right to assume that BNT might be qualified as a security if it provides passive income streams or is that basically irrelevant? I don't think BNT could be considered security, because you won't get any income solely by holding this tokens. I'm pretty sure it qualifies as utility, but you can't be 100% sure what SEC can come up with... Got you. I was just coming up with that idea because someone mentioned a passive income stream. And that is a major characteristic of a security and the SEC will do everything in their power to qualify as many tokens as a security as possible. |
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