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Author Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem  (Read 375823 times)
Anarchy101
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August 18, 2017, 06:04:50 AM
 #4181

Is it worth to buy a bancor project, why the price despite the many pump on the eth tokent is still down? Does the project currently have any problems?  Undecided Roll Eyes Roll Eyes

I think the problem is with BTC constantly rising. With every increment of Bitcoin value, the price of bancor is decreasing let's hope this will stop soon I have big hopes for BANCOR
sud
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August 18, 2017, 06:29:17 AM
 #4182

Is it worth to buy a bancor project, why the price despite the many pump on the eth tokent is still down? Does the project currently have any problems?  Undecided Roll Eyes Roll Eyes

I think the problem is with BTC constantly rising. With every increment of Bitcoin value, the price of bancor is decreasing let's hope this will stop soon I have big hopes for BANCOR

Since bitcoin is on the bull run for some time, it's better to check dollar price for alts now. Look at the BNT chart, since we hit the bottom $1.38 (July 16th) the price is steadly increasing, and is pretty stable on sub $3 level comparing to other altcoins. Like @ngin-x said we won't see sudden price spikes because of the design of the Bancor Token, but we will see a steady raise. Plus soon we will be able to buy tokenchangers for BNT, that also will add value and give us new options.
Shahrul09
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August 18, 2017, 01:41:01 PM
 #4183

If you guys see NEO or ETH price after the ico end..
It didnt straight away achieve the current state price.

They took a long time to reach today current price.
Many people doubt and dont give a fck bout them when its still in the early stage.

People fomo and ride the train halfway or in the middle.

There will be a good time for the holder, its just not today, not tomrw. But It will happen.
juicejoyce
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August 18, 2017, 02:31:04 PM
 #4184

Guys don't cling on to the hope of BNT ever pumping. I have explained a few pages back why is it so. It's technically impossible because of the way it is designed. The liquidity pool is infinite, so forget it. Only way for BNT to increase would be slow gradual increase. If you are comfortable with a 5-10 year hold period, you will be aptly rewarded.

I think you are completely right. we can not hope the bnt can bring us some big profit in a short time, the value will increase during a long time, so it is a long term investment.

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CryptoRobert
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August 19, 2017, 06:25:50 PM
 #4185

Guys don't cling on to the hope of BNT ever pumping. I have explained a few pages back why is it so. It's technically impossible because of the way it is designed. The liquidity pool is infinite, so forget it. Only way for BNT to increase would be slow gradual increase. If you are comfortable with a 5-10 year hold period, you will be aptly rewarded.

I think you are completely right. we can not hope the bnt can bring us some big profit in a short time, the value will increase during a long time, so it is a long term investment.

Most people (still) fail to understand that the cool point of Bancor is to potentially be able to put an end to the CASINO LIKE GAMBLING which is so typical of cryptos. The Bancor mechanism still applies only for Bancor - and this is why you can't pump&dump BNT. But this, which is something bad for casino gamblers, is actually good for serious investors. And serious investors are all going for long term investments.
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August 19, 2017, 10:36:16 PM
 #4186

I think people should learn from the past, the past can dictate where this project will be in future, A learn from NEO, I sold this tokens early and I can't take it back but BNT I have know I will not sell it cheap

big profit always takes time
Current price is too cheap to buy.. i would recommend to buy now and hold for few weeks/months for good profit...
Anarchy101
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August 20, 2017, 06:18:10 AM
 #4187


big profit always takes time
Current price is too cheap to buy.. i would recommend to buy now and hold for few weeks/months for good profit...


I kinda agree with you that's why I opened a new buy order at 58k sats lets hope it can get filled as soon as possible.
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August 21, 2017, 04:37:34 AM
 #4188

i can only say this project is disaster...if eth go up bancor go up..if eth drop to 100$ then bancor drop...crap ico..money lost!

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sud
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August 21, 2017, 06:22:48 AM
 #4189

i can only say this project is disaster...if eth go up bancor go up..if eth drop to 100$ then bancor drop...crap ico..money lost!

Haha, thanks, you made me smile in monday morning. Grin

Be positive, because if the ETH go up to $1000, BNT will follow too. Then - Great ICO, money gained!
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August 21, 2017, 06:24:28 AM
 #4190

i can only say this project is disaster...if eth go up bancor go up..if eth drop to 100$ then bancor drop...crap ico..money lost!
ETH will definitely go up in the future. So if you hold long enough, you will be rewarded heavily according to your own logic. Patience is the key  Wink
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August 21, 2017, 08:09:28 AM
 #4191

i can only say this project is disaster...if eth go up bancor go up..if eth drop to 100$ then bancor drop...crap ico..money lost!

Haha, thanks, you made me smile in monday morning. Grin

Be positive, because if the ETH go up to $1000, BNT will follow too. Then - Great ICO, money gained!

btw then its same as i live my eth and not invest in bancor..where is point man?

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sud
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August 21, 2017, 09:47:47 AM
 #4192

i can only say this project is disaster...if eth go up bancor go up..if eth drop to 100$ then bancor drop...crap ico..money lost!

Haha, thanks, you made me smile in monday morning. Grin

Be positive, because if the ETH go up to $1000, BNT will follow too. Then - Great ICO, money gained!

btw then its same as i live my eth and not invest in bancor..where is point man?

The point is to look at the bigger picture here. Have you invested in ETH when it was $1 and waited 2 years till now, when it's $300?
memii
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August 21, 2017, 09:56:26 AM
 #4193

Over all market will be moving in limited circle until updates are out. Some people step forward to catch the dips like it was last days. We may expect at least x10 when the platform will be completed. There will be some opportunities on constant basis if you stay intact with market to gain short term profit by trading.
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August 21, 2017, 10:11:27 AM
 #4194

i can only say this project is disaster...if eth go up bancor go up..if eth drop to 100$ then bancor drop...crap ico..money lost!

Haha, thanks, you made me smile in monday morning. Grin

Be positive, because if the ETH go up to $1000, BNT will follow too. Then - Great ICO, money gained!

At this stage when crypto is on fire this kind of talking ETH will fall down looking really funny. I also agreed with you price of ETH is in recovery phase till it back than it will skyrocket again I also think this price we will it over $1k easily.
btcltcdigger
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August 21, 2017, 10:13:14 AM
 #4195

Market is too unstable now
Sitimunirah
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August 21, 2017, 10:22:46 AM
 #4196

Is there any new development regarding the regulation and sec stuff bancor try to avoid.?
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August 21, 2017, 03:36:08 PM
 #4197

Is there any new development regarding the regulation and sec stuff bancor try to avoid.?

I heard Poloniex and Kraken will de-list some of their tokens due to the regulation issues. Let's hope Bancor can be the golden solution for these problems (and will not face the same difficulties)!
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August 21, 2017, 11:33:04 PM
 #4198

i can only say this project is disaster...if eth go up bancor go up..if eth drop to 100$ then bancor drop...crap ico..money lost!

Haha, thanks, you made me smile in monday morning. Grin

Be positive, because if the ETH go up to $1000, BNT will follow too. Then - Great ICO, money gained!

btw then its same as i live my eth and not invest in bancor..where is point man?

Bancor is a non speculative asset in nature, because the Bancor Protocol makes pumps&dumps unconvenient. So its price will be linked to Eth until the team will deliver the real thing. That's good for investors, bad for ICO flippers and short term speculators.
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August 22, 2017, 06:33:53 AM
 #4199

Bancor is a non speculative asset in nature, because the Bancor Protocol makes pumps&dumps unconvenient. So its price will be linked to Eth until the team will deliver the real thing. That's good for investors, bad for ICO flippers and short term speculators.

What do mean my non-speculative asset? And why are pump and dump is inconvenient in case of BANCOR?

Thank you
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August 22, 2017, 07:08:50 AM
Last edit: August 22, 2017, 09:33:11 AM by sud
 #4200

Bancor is a non speculative asset in nature, because the Bancor Protocol makes pumps&dumps unconvenient. So its price will be linked to Eth until the team will deliver the real thing. That's good for investors, bad for ICO flippers and short term speculators.

What do mean my non-speculative asset? And why are pump and dump is inconvenient in case of BANCOR?

Thank you

It means the BNT token has price discovery algo build in the Bancor Network, which prevents from quick raise or dump of the price, like whales do with most of the altcoins on exchanges. This algo protects the value of BNT, so even if someone try to manipulate the price, it will be stable thanks to people doing arbitrage between exchange and bancor network. IMO this is desired because BNT serves as a reserve for many other tokens, generated by users and used daily (that is the plan anyway). The volatility in this case could affect the whole token ecosystem.
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