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daniweb
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June 17, 2017, 03:50:12 AM |
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Can Bancor developers create as many tokens as they can, whenever they see neccessary?
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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ICO-n00b
Newbie
 Offline
Activity: 35
Merit: 0
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June 17, 2017, 04:26:44 AM |
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Will BNT be tradeable Monday?
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Gaman
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June 17, 2017, 04:40:51 AM |
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any news on what exchanges will BNT be available?
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Shahrul09
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June 17, 2017, 05:28:12 AM |
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Can Bancor developers create as many tokens as they can, whenever they see neccessary?
From your question .No. seem like you implying that they can create BNT from thin air. No. Any one can purchase BNT with ETH - the smart contract will create new BNT if you buy through it and put the ETH in reserve, thus incrasing the number of BNT in circulation thus increasing the value of BNT. And when ppl liquidate it BNT is destroyed, decreasing the value and number of circulation. Thats way its more benificial buying new token through Bancor app and smart contract when its going live later rather than buying through exchanges. The number of BNT is unlimited. |
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Shahrul09
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June 17, 2017, 05:29:01 AM |
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Will BNT be tradeable Monday?
Probably, according to devs. |
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Shahrul09
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June 17, 2017, 05:30:27 AM |
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any news on what exchanges will BNT be available?
Its already on liqui. ButFrom Devs last update. 'Right now we are hard at work focused on deploying trading so everyone can start moving their BNT around and buying and selling directly from the smart contract.' They gonna let the apps/smart contract to go live so that people can trade.At same time people can transfer their BNT to exchanges. But Bancor is not actively pursuing relationships with themExchanges that decide which token they want to list on their exchanges. Guy said previously that exchanges will primarily be useful to serve the non-Ethereum based pairs, such as BTC <-> BNT. And also hinted at them acting as an entry for those not comfortable with wallets etc. |
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Shahrul09
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June 17, 2017, 05:38:08 AM |
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The devs gonna do some Q&A in telegram on Sunday or Monday prior to the launch.
You guys can join the telegram and post your question in the group. The moderators there will pick up your question and relay it to devs for sunday/monday Q&A
*the official Bancor telegram chat is strictly for Bancor related chat/question , any spam/advertising will cause the user to be kick out.
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Cbx.Bet
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June 17, 2017, 06:33:20 AM |
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I can not transfer my BNT on HitBtc, I have the following message.
"Please note that BNT is an IOU for future issued token. Until the token is released withdrawals and deposits are unavailable. Please accept our apologies for the inconvenience."
How other users have done?
because we can't withdraw the token for now, and the BNT on HitBtc is a IOU I don't understand everything yet. What is an IOU ? |
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favila
Member
Offline
Activity: 112
Merit: 10
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June 17, 2017, 06:36:32 AM |
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I can not transfer my BNT on HitBtc, I have the following message.
"Please note that BNT is an IOU for future issued token. Until the token is released withdrawals and deposits are unavailable. Please accept our apologies for the inconvenience."
How other users have done?
because we can't withdraw the token for now, and the BNT on HitBtc is a IOU I don't understand everything yet. What is an IOU ? IOU = I owe you Its a promise to give you the token when it becomes tradeable. The assumption being that the exchange bought some of these tokens during the ICO in order to redeem their IOUs once they are tradeable. |
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Cbx.Bet
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June 17, 2017, 07:22:26 AM |
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I don't understand everything yet.
What is an IOU ?
IOU = I owe you Its a promise to give you the token when it becomes tradeable. The assumption being that the exchange bought some of these tokens during the ICO in order to redeem their IOUs once they are tradeable. Thanks |
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Bancorholder
Newbie
Offline
Activity: 29
Merit: 1
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June 17, 2017, 07:36:49 AM |
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What's the current CRR?
10% or 20% ?
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young navie
Member
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Activity: 75
Merit: 10
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June 17, 2017, 07:42:28 AM |
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Too long can be traded on the exchange？
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atchoum6760
Legendary
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Activity: 1904
Merit: 1063
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June 17, 2017, 07:47:04 AM |
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folkc
Member
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Activity: 77
Merit: 10
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June 17, 2017, 07:48:38 AM |
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Too long can be traded on the exchange？
i was confuse by same question |
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shortcoin
Member
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Activity: 73
Merit: 10
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June 17, 2017, 08:15:27 AM |
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xtyling
Sr. Member
Offline
Activity: 588
Merit: 250
Crypto is Life!
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June 17, 2017, 10:38:48 AM |
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Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH
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Dvd1989
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June 17, 2017, 10:46:35 AM |
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Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH
Why wouldn't exchanges add BNT? I believe lots of exchanges are eager to add BNT. |
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Vov4ik2682
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June 17, 2017, 10:48:50 AM |
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Who is responsibility for managing Social Media Bounties?
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chichidori
Legendary
Offline
Activity: 1694
Merit: 1003
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June 17, 2017, 10:54:00 AM |
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Why wouldn't exchanges add BNT? I believe lots of exchanges are eager to add BNT. Because BNT is not yet distributed to the investors if you would like to trade BNT go to hitbtc and buy some, big exchange will eventually list BNT we just have to wait for it. |
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