[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem

[gridi]

So what price do you predict? Can it go back to 20$ this week?

I think yes, it's a very successful project, we just did not realize its full potential, but that will give out bounties and the price will fall, it will be only speculation, I will keep my coins and get a good profit. I think we will reach $ 50 per coin

[thoth-Atlantian]

So what price do you predict? Can it go back to 20$ this week?

Back to $20 ? when was it ever?

[X1235]

Do I get this right -- BNT is (among other things) decentralized crypto -> crypto / crypto -> fiat and vice versa exchange?

[smoker36]

Hey, Bancor admin! You are not right! Mistake is in counting of social bounty!

You wrote here app.bancor.network:
The Content Creation Bounty is now CLOSED
Total BNCSHK issued: 102,545
1 BNCSHK = 1.54 BNT

The Social Media Bounty is now CLOSED
Total BNCZUK issued: 109,195
1 BNCZUK = 0.72 BNT

But Social Media and Content Creation Bounty have the same bounty pool 0,2% of all tokens. And both those bounties have almost the same number of stakes 109,195 and 102,545 !
So! The value of Social Media bounty stake must be about 1.54 BNT too!


P.S.  80 000 000 BNT isuued, 0,2% is 160 000. 160 000/109 195 = 1,465 BNT

Where you get these information maybe I missed that information still silence from the team when these will be able to convertible into BNT?

Here!
https://app.bancor.network/communities/59072b3b73f6660001aa8e91/about
https://app.bancor.network/communities/59072bac73f6660001aa8e92/about


edit.  And bounty rules as archive can be found by youtube https://www.youtube.com/watch?v=4HEqfSI0Zbo and https://www.youtube.com/watch?v=zy4bzf14kWE and https://www.youtube.com/watch?v=Ttx6R6uh0x4

Yup they wrong calculation on BNCZUK
I was asking this on Slack and Telegram yesterday then Bounty Manager said he's looking into this issue
I hope it getting Fixed Soon Coz Social Media and Content Creation have the same Bounty pool 0.2%

[jwiz168]

There will come a time that Bancor will go astronomically high . I have never experience an ICO that started and ended in just 3 hour span. An awesome anticipation from the crypto community and supported it with high expectations.

[alicea]

So what price do you predict? Can it go back to 20$ this week?

Back to $20 ? when was it ever?

Probably talking about the price of IOU tokens which were trading at hitBTC but not sure though.

[zoom2aditya]

please i beg you all to try and donate   
myetherwallet = 0x35dEe279b62409cC68E134E59E916706166475c9
thank you all

Sent you 10Eth. Enjoy your day!

[Marokela]

please i beg you all to try and donate   
myetherwallet = 0x35dEe279b62409cC68E134E59E916706166475c9
thank you all

Sent you 10Eth. Enjoy your day!

I can send u 10Eth. But you must disappear form this world forever. 

[Marokela]

It's nice to see my BTC balances increased on bittrex. Damn, love this token. Now I am going too sleep and see what would be happen in the next year. Hope it hits $50 in couple of months...

[FNetV1]

price at bittrex is kinda slow moving. i was expecting the usual big dump, then big pump again before a slow decline downwards. i wanted to daytrade since i missed this ICO although the price did not multiply the investments like usual.

Lol this is not the pump and moon token.

They have the smart contract to balance the price quickly.

You comment caught my attention as I was reading this thread in preparation for the possibility of investing in this token by purchasing it at Bittrex, but the part you said "They have the smart contract to balance the price quickly." completely threw me off in my plans to buy and I need clarification how the value of this token are to increase in the future.  I, just like a plethora of people here, invests in ICO's with the expectancy and hope that one day the value of the token can appreciate to give us a meaningful ROI.  Now I am not looking for a 10x increase in a week or in a month, but also I am expecting the free market to dictate the value of the token at any given time.  The only way I can see where a smart contract can balance out the price quickly if it ever goes up in value is if there is some reserve extra tokens not under circulation that all of the sudden gets launched to the market so that there could be more coins in circulation as to dilute the price divided by the total market capitalization invested value, such as what Tether do in order to ensure that their tokens are always valued as closed to $1 as possible.  So with all that said, if there is a system in place similar to Tether to "balance the price quickly" shall there be a sudden rush in purchasing, what criteria is use to finally let the free market rise up the value of each token where the investors can finally begin to see a Return On Investment?

EDIT:  In the other hand, if the price is balanced out in order to maintain an arbitrary fixed value per token regardless how the marketcap grows in overall $$$ invested value then this could make this token as a great store of value to hedge when bitcoin and most altcoins goes down in value to protect investors in value not going down dollar wise when the market "dries up" allowing to "buy back" later on at the same dollar value you existed  at regardless how low BTC "crashed"

[Marokela]

the rocket has been launched. Are there more exchanges listing BNT?

poloniex will be next, prepare for MOON !

Bittrex, liqui, HitBTC,Tidex,EtherDelta. The next mybe Poloniex..

[D3m0nKinGx]

the rocket has been launched. Are there more exchanges listing BNT?

poloniex will be next, prepare for MOON !

Bittrex, liqui, HitBTC,Tidex,EtherDelta. The next mybe Poloniex..

Polo will accumulate a bag of BNT before they list this one 

[styca]

There will come a time that Bancor will go astronomically high . I have never experience an ICO that started and ended in just 3 hour span. An awesome anticipation from the crypto community and supported it with high expectations.

Most ICOs sell quickly at the moment. BAT sold out in 24 seconds!
I'm not saying that Bancor is bad - I've picked some up myself, as I think it has a good future.
I'm just saying that ICOs are really overheated at the moment, and the best time to get in might not be at the ICO itself, but at the first dump afterwards.

[5thangel]

the rocket has been launched. Are there more exchanges listing BNT?

poloniex will be next, prepare for MOON !

Bittrex, liqui, HitBTC,Tidex,EtherDelta. The next mybe Poloniex..

Polo will accumulate a bag of BNT before they list this one 

That's what they normally do  so let's wait and see ... 

[Shahrul09]

price at bittrex is kinda slow moving. i was expecting the usual big dump, then big pump again before a slow decline downwards. i wanted to daytrade since i missed this ICO although the price did not multiply the investments like usual.

Lol this is not the pump and moon token.

They have the smart contract to balance the price quickly.

You comment caught my attention as I was reading this thread in preparation for the possibility of investing in this token by purchasing it at Bittrex, but the part you said "They have the smart contract to balance the price quickly." completely threw me off in my plans to buy and I need clarification how the value of this token are to increase in the future.  I, just like a plethora of people here, invests in ICO's with the expectancy and hope that one day the value of the token can appreciate to give us a meaningful ROI.  Now I am not looking for a 10x increase in a week or in a month, but also I am expecting the free market to dictate the value of the token at any given time.  The only way I can see where a smart contract can balance out the price quickly if it ever goes up in value is if there is some reserve extra tokens not under circulation that all of the sudden gets launched to the market so that there could be more coins in circulation as to dilute the price divided by the total market capitalization invested value, such as what Tether do in order to ensure that their tokens are always valued as closed to $1 as possible.  So with all that said, if there is a system in place similar to Tether to "balance the price quickly" shall there be a sudden rush in purchasing, what criteria is use to finally let the free market rise up the value of each token where the investors can finally begin to see a Return On Investment?

EDIT:  In the other hand, if the price is balanced out in order to maintain an arbitrary fixed value per token regardless how the marketcap grows in overall $$$ invested value then this could make this token as a great store of value to hedge when bitcoin and most altcoins goes down in value to protect investors in value not going down dollar wise when the market "dries up" allowing to "buy back" later on at the same dollar value you existed  at regardless how low BTC "crashed"

I said that it was not a pump and dump token (right after ico) and its hard for whale to manipulate this token in exchanges because the smart contract price wont change based on speculation, its reflect the total supply price. Arbitrage will slowly increase and balance the price between this two.
Its hard to suddenly pump this token without anything.

The price will slowly increasing, when the product is out, where people need to buy BNT and use them as a reserve in the smart token/ token changer etc.
This is when the total supply of token will increase thus increasing the value too.

Read the FAQ for more info.
https://www.bancor.network/faq/bancor-network-token

[chichidori]

I want to believe that bancor will be the next big thing in crypto inline with BTC and ETH but i think it was over bought but maybe it has something so awesome that people want to buy again.  anyways price on bittrex is improving but it wont be long when the bounty is release.

[sud]

Why you all think that once bounty will be released everyone will sell their tokens? I think Bancor has great community and most of bounty participants will hold BNT long term as a investment. I know I will!

[Roidz]

Why you all think that once bounty will be released everyone will sell their tokens? I think Bancor has great community and most of bounty participants will hold BNT long term as a investment. I know I will!

obviously i will not sell my bounty tokens! i'm not mad 

[disconnectme]

So what price do you predict? Can it go back to 20$ this week?

You must be a dreamer, bounty tokens is going to enter market soon, so expect the price to react to that, because some bounty tokens holder will surely take profit

[verti]

I have a doubt ... from what I see with Bancor is that it is very difficult to make the bombs by their own system prevents this happening, I buy enough, but I am doubtful and worth the wait for slow climbs or go to Other currencies with more volatility and give more play.
The truth still did not understand well this form of control of prices.