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Author Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem  (Read 375656 times)
EyeofthebeHODLer
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June 06, 2018, 06:09:08 PM
 #6601

Ico price was 1 eth=100 bnt. Than after ico it fall down around 0.006 eth nowadays its continue to trade for around 0.007eth. Platform going very well and volume is also pretty well. Is team thinking to give a hand for bnt value?

BNT is the hub token that connects every token on the network together. BNT can always be purchased simply by sending ETH to an address — which instantly issues BNT tokens back to the sender, according to its current price, per the formulas in the Bancor Protocol white paper. Liquidating BNT to ETH is always possible as well through the same method. The total circulating supply of BNT is ever changing, BNT tokens are created when ETH is sent to their smart contract and destroyed when a user 'sells' their BNT back to the contract.

What this means is that no, the team does not have a specific plan in mind in order to drive value for BNT up. It is governed by real usage on the network and the amount of BNT created.
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incryptico
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June 06, 2018, 06:20:06 PM
 #6602

Currency basket idea seems neat!

Is it built completely on Ethereum blockchain, or does it require any off-chain integrations via Oraclize or whatever?
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June 06, 2018, 06:31:37 PM
 #6603

Colu​ Local Network (CLN) and Ceek VR (CEEK) are LIVE on the Bancor Network. Instantly convert tokens now:
https://ban.cr/105TokensLive

22naru
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June 06, 2018, 06:33:33 PM
 #6604

Ico price was 1 eth=100 bnt. Than after ico it fall down around 0.006 eth nowadays its continue to trade for around 0.007eth. Platform going very well and volume is also pretty well. Is team thinking to give a hand for bnt value?

yea i dont get who dumped the coins and why they try to keep down the price?
 they still look  to accumulate or wanna buy cheap coins from scared investors?!!?
...

i realy would like to know:)...
EyeofthebeHODLer
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June 06, 2018, 09:13:20 PM
 #6605

Ico price was 1 eth=100 bnt. Than after ico it fall down around 0.006 eth nowadays its continue to trade for around 0.007eth. Platform going very well and volume is also pretty well. Is team thinking to give a hand for bnt value?

yea i dont get who dumped the coins and why they try to keep down the price?
 they still look  to accumulate or wanna buy cheap coins from scared investors?!!?
...

i realy would like to know:)...


You might enjoy the Telegram group for Bancor Traders for price discussion and speculation. They might have some ideas.
EyeofthebeHODLer
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June 06, 2018, 09:26:17 PM
 #6606

Currency basket idea seems neat!

Is it built completely on Ethereum blockchain, or does it require any off-chain integrations via Oraclize or whatever?

Bancor is built on the Ethereum Blockchain, yes. You can see the GitHub for more. However, The Bancor Protocol has submitted their candidacy to become an EOS block producer under its new LiquidEOS initiative.

Here is an article on why this is significant and what it means for Bancor and the community.
mexi.db
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June 07, 2018, 01:23:24 PM
 #6607

Explore the Bancor Knowledge Base: https://support.bancor.network/hc/en-us
ivaf
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June 07, 2018, 05:50:40 PM
 #6608

Colu Local Network, a dApp that enables convenient mobile payments while empowering local businesses, has integrated with Bancor to provide CLN token holders liquidity.
https://ban.cr/ColuIntegration

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June 07, 2018, 06:36:58 PM
 #6609

Ico price was 1 eth=100 bnt. Than after ico it fall down around 0.006 eth nowadays its continue to trade for around 0.007eth. Platform going very well and volume is also pretty well. Is team thinking to give a hand for bnt value?

yea i dont get who dumped the coins and why they try to keep down the price?
 they still look  to accumulate or wanna buy cheap coins from scared investors?!!?
...

i realy would like to know:)...

Many large investors bought tokens during the ICO. They do not hurry, they wait until many small investors sell their BNT cheaply. I see how the project develops. The team is making very big progress.
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June 07, 2018, 08:01:07 PM
 #6610

Looking for the latest News on Bancor? Look no further, here they are! https://t.me/BancorNews

Tarasov1992
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June 08, 2018, 12:34:07 PM
 #6611

Meet us this Saturday at D10e conference in Tel-Aviv: http://d10e.biz/tel-aviv-2018/
22naru
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June 08, 2018, 12:39:29 PM
 #6612

Ico price was 1 eth=100 bnt. Than after ico it fall down around 0.006 eth nowadays its continue to trade for around 0.007eth. Platform going very well and volume is also pretty well. Is team thinking to give a hand for bnt value?

yea i dont get who dumped the coins and why they try to keep down the price?
 they still look  to accumulate or wanna buy cheap coins from scared investors?!!?
...

i realy would like to know:)...

Many large investors bought tokens during the ICO. They do not hurry, they wait until many small investors sell their BNT cheaply. I see how the project develops. The team is making very big progress.

i hope so, but looks like some one is keeping the price down...  lets see what will be the price at the end of this summer...
DashingCrypto
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June 08, 2018, 08:41:17 PM
 #6613

Hey Bancor fans!

In case you missed it, Bancor now has over 100 Tokens listed on its liquidity network!

You can read the article right here on the Bancor Blog.

If you have any questions, our Telegram Community is available 24/7 to answer them!
caisa88
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June 09, 2018, 06:39:57 AM
 #6614

Hey Bancor fans!

In case you missed it, Bancor now has over 100 Tokens listed on its liquidity network!

You can read the article right here on the Bancor Blog.

If you have any questions, our Telegram Community is available 24/7 to answer them!
Great article, i didn't knew that there were already over 100 tokens listed on Bancor. I really like how easy it is to buy tokens from Bancor, but i hope that the trading fees will become smaller in the future, because right now for a small transaction the fees can be pretty high.

JanuaryN
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June 09, 2018, 08:19:03 AM
 #6615

Hey Bancor fans!

In case you missed it, Bancor now has over 100 Tokens listed on its liquidity network!

You can read the article right here on the Bancor Blog.

If you have any questions, our Telegram Community is available 24/7 to answer them!
Great article, i didn't knew that there were already over 100 tokens listed on Bancor. I really like how easy it is to buy tokens from Bancor, but i hope that the trading fees will become smaller in the future, because right now for a small transaction the fees can be pretty high.

Thank you for your thoughts, Caisa. Many of the challenges we face lie in the underlying blockchain rather than our liquidity network (smart contracts) or Web App (front end). We are dedicating resources constantly to optimize the gas consumption, estimation, relative cost and experience for users. We recently released two improvements which lowered fees by 80%! But the battle continues and we are optimistic this problem will subside over time.
mexi.db
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June 09, 2018, 01:01:54 PM
 #6616

Solving the Problem of Cryptocurrency Illiquidity and Token Conversions: https://blog.bancor.network/solving-the-problem-of-cryptocurrency-illiquidity-and-token-conversions-bcf89ae67c98
foodstamps
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June 09, 2018, 05:29:21 PM
 #6617

Hey Bancor fans!

In case you missed it, Bancor now has over 100 Tokens listed on its liquidity network!

You can read the article right here on the Bancor Blog.

If you have any questions, our Telegram Community is available 24/7 to answer them!
It is perfectly. I see how much work the Bancor team has done over the past year. Bancor already by volume is the largest decentralized exchange.
abonarea
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June 09, 2018, 05:40:47 PM
 #6618

Bancor is traveling toward destination of becoming one of the biggest liquidity providers in future. Number of tokens is very impressive also buying Ethereum using fiat is also good. There is small missing function which is underdevelopment to take it to high performing levels as exchanging service provider. That is full integration of fiat usage two ways.
ivaf
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June 09, 2018, 07:02:46 PM
 #6619

Wow! Another cool feature:

NEW FEATURE ALERT: You can now adjust gas prices with a slidebar when sending tokens from your Bancor Wallet. Try it out!
https://ban.cr/GasWidget
addicto
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June 09, 2018, 07:27:35 PM
 #6620

Wow! Another cool feature:

NEW FEATURE ALERT: You can now adjust gas prices with a slidebar when sending tokens from your Bancor Wallet. Try it out!
https://ban.cr/GasWidget

https://twitter.com/Bancor/status/1005517498572267520

You beat to share this update another nice addition from the team to add custom gas price for every transaction. This project has very professional team who are devoted to platform to make it best into this ecosystem to resolve liquidity problem in future.
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