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

[ruletheworld]

I like highly positiveness in team Bancor seeing there post where they said Bitcoin is digital gold and Bancor is digital money. There is a flow of projects jumping on its protocol. All these seems small steps and little by little among other internal development it sketch brighter and clear picture to understand which is coming out of this.

Every project that creates its smart token on the bancor protocol will strengthen the bancor. In the future, bancor will be in the top 10 projects.

Why is that, especially if they don't use the Bancor token in the reserve? What gives the token its value?

In order to create a smart token, companies must buy back the bancor through the market. And in the smart token reserve there is a bancor.
And think, when many companies will buy out bancor ... What will happen to the price of the bancor?

Bancor has an extremely tiny market cap compared to the space, which means you cannot use the Bancor token as the reserve. Most projects use ETH. This has no bearing on the demand for the Bancor token.

[sud]

I like highly positiveness in team Bancor seeing there post where they said Bitcoin is digital gold and Bancor is digital money. There is a flow of projects jumping on its protocol. All these seems small steps and little by little among other internal development it sketch brighter and clear picture to understand which is coming out of this.

Every project that creates its smart token on the bancor protocol will strengthen the bancor. In the future, bancor will be in the top 10 projects.

Why is that, especially if they don't use the Bancor token in the reserve? What gives the token its value?

Almost all those projects will use BNT as reserve like they announced, and since the protocol has automated price discovery, buying all those tokens will result in price increase. Also supporters and token owners of those projects will start using Bancor platform for transactions rising userbase and increasing attention. Overall this will have very positive effect on the whole ecosystem and the value of BNT should follow.

[Glutius]

Bancor is the coin to buy for long-term. 100x profit.

Just sold my house, my wife and my trophy pet to go all in on Bancor based on your advise.

Hope you're right!

i did the same, this guy conviced me ... also , im trying to sell my kidney 

I know a guy, i'll pm you!

Haha you are great guys. I got the stone rolling and your comments made me laugh a lot!

[Shahrul09]

Smart Tokens make the perfect bounty reward.
Check out FCFL, SIRIN LABS and Giftz bounty campaigns all recently launched and now live on the Bancor Web App.

https://steemit.com/blockchain/@bancor-network/new-bounty-campaigns-live-on-the-bancor-network-tm

[bitcoinsay]

Smart Tokens make the perfect bounty reward.
Check out FCFL, SIRIN LABS and Giftz bounty campaigns all recently launched and now live on the Bancor Web App.

https://steemit.com/blockchain/@bancor-network/new-bounty-campaigns-live-on-the-bancor-network-tm

OK . The Bancor team is working very well. But the favor is not reflected at all.

[easyrimka]

Smart Tokens make the perfect bounty reward.
Check out FCFL, SIRIN LABS and Giftz bounty campaigns all recently launched and now live on the Bancor Web App.

https://steemit.com/blockchain/@bancor-network/new-bounty-campaigns-live-on-the-bancor-network-tm

with all the problems we had in the BNT bounty lol ?

[RitzBitzz]

This gonna be a very slowww increase in price. It wont happen until user adopt the product and buy the token, the token will increase the value. Hopefully all >40  project that committed to use Bancor will buy the token soon.

[bribed]

I am in Bancor since the ICO and am still confident in the team and product. Nevertheless I cant hide that I am a bit disappointed at the price development. The token value just keeps decreasing. Now BNT is almost trading at half of the ICO price. I really hope that there will be some positive growth in the ecosystem in 2018 so the long term holders will be rewarded!

[ivaf]

And one more participant of the Bancor Network: meet Arcona, the newest member of the Bancor Network, allowing users to integrate multimedia content into the real world by developing their digital land.
Read more at https://medium.com/@arconaico/sweet-eva-a-digital-angel-who-guarantees-sweet-dreams-is-now-leading-arconas-token-sale-campaign-f2bea2310661

[yingfeng]

This gonna be a very slowww increase in price. It wont happen until user adopt the product and buy the token, the token will increase the value. Hopefully all >40  project that committed to use Bancor will buy the token soon.

I really hope that the bancor will naturally grow with the development of the project. Ideally, there should not be a sharp rise in the price of the token. But I understand that this will not happen. There will be rapid ups. I'm waiting for 2018.

[yingfeng]

I like highly positiveness in team Bancor seeing there post where they said Bitcoin is digital gold and Bancor is digital money. There is a flow of projects jumping on its protocol. All these seems small steps and little by little among other internal development it sketch brighter and clear picture to understand which is coming out of this.

Every project that creates its smart token on the bancor protocol will strengthen the bancor. In the future, bancor will be in the top 10 projects.

Why is that, especially if they don't use the Bancor token in the reserve? What gives the token its value?

In order to create a smart token, companies must buy back the bancor through the market. And in the smart token reserve there is a bancor.
And think, when many companies will buy out bancor ... What will happen to the price of the bancor?

Bancor has an extremely tiny market cap compared to the space, which means you cannot use the Bancor token as the reserve. Most projects use ETH. This has no bearing on the demand for the Bancor token.

I will repeat. Any project that will create its smart token, must buy out a certain amount of bancor token on the market. I think not to talk about how this will affect the price of the bancor.

[colombuszka]

It is good to see some movement to some positive level from the continuous decreasing way...  Luckly I bought some on the dip, so let see how far can it go if devs successfully develop the promised platform.

[bitcoinentchen]

It's one of the very few project that you can expect good returns on. In a couple of years I bet that 80% of the new projects will depend on the Bancor Protocol Technology.

With so many new ICO's booming, liquidity will be a huge issue. Besides, Bancor is currently price below their actually USD reserves. That's a huge opportunity.

[wiss19]

when ICO first bancor very quickly in the collection of funds
and now after ico developments in some exchange is pretty stable but runs pretty slowly
is it a strategy for this project?

[sud]

when ICO first bancor very quickly in the collection of funds
and now after ico developments in some exchange is pretty stable but runs pretty slowly
is it a strategy for this project?

Yes, the funds during ICO was raised pretty fast, because fundamentals of this project are very solid and many people in crypto don't like what is goiong on big, centralized exchanges.. But you have to understand that building such a complex platform, and make it easy to use for everyone takes lots of time and programming. So it's not really any strategy but the reality of developing something new and innovative. Anyway it's not that slow now, we can see the progress as the team is adding new features every month or so. Patience my friend.

[OnTheMoon]

when ICO first bancor very quickly in the collection of funds
and now after ico developments in some exchange is pretty stable but runs pretty slowly
is it a strategy for this project?

Yes, the funds during ICO was raised pretty fast, because fundamentals of this project are very solid and many people in crypto don't like what is goiong on big, centralized exchanges.. But you have to understand that building such a complex platform, and make it easy to use for everyone takes lots of time and programming. So it's not really any strategy but the reality of developing something new and innovative. Anyway it's not that slow now, we can see the progress as the team is adding new features every month or so. Patience my friend.

Bancor project are very big and need more time to development, its not for a quick profit, its really long-term investments. We need to wait and hold or buy cheap tokens on the dips. I think that this is a goos strategy for investors.

[GayEddie]

I really hope that the bancor will naturally grow with the development of the project. Ideally, there should not be a sharp rise in the price of the token. But I understand that this will not happen. There will be rapid ups. I'm waiting for 2018.

Yeah it won’t go up very rapidly, it gonna be a slow journey.
Everyone else that can’t wait for this should just dump and go to other coin etc.
I think this is the most safe investment coin you can be in. But with slow return of course

[CyanFox]

Bancor is almost dead project, why this one is always under ICO price? My worst project is bancor.

[RAGEmond]

Bancor is almost dead project, why this one is always under ICO price? My worst project is bancor.

lol

"1+2 = 3.. why is the result 3? ... stupid math"

thats your sentence

if you are invested then DYOR theres a lot of Thing happening on BANCOR just read up or sell but dont fud around

[balladofjpeg]

why bancor is following so close eth?
almost the same % last days, I know they are linked, but so much?
so isnt better buy eth instead of bancor?