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Author Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem  (Read 375656 times)
GayEddie
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November 26, 2017, 01:00:35 PM
 #5041

Found this in the telegram! Good video.

Unlike information, value can't be in two places at one time.

Watch Bancor co-founder @benartzi speak about #blockchain at Jeff Pulver's #Startup Nation to #Crypto Nation" in Tel Aviv earlier this month.

https://www.youtube.com/watch?v=u4uscqik300&feature=youtu.be
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November 26, 2017, 04:06:04 PM
 #5042

According to ICO, the current price is $ 4.5. It is interesting that the price of such a cooperative project does not increase much.

Don't worry, it will increase substantially soon enough. It just takes time until the are more projects using Bancor and until those that already use it will rise. It can take a few months, but I think that Bancor investors will not be sad in the end Smiley
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November 26, 2017, 06:28:20 PM
 #5043

Most of those projects are even more worthless....a token inside another token inside an token. thats exactly what world is waiting for  Grin
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November 26, 2017, 06:48:26 PM
 #5044

Bancor network grows day by day. Price raise $2 to 2.6 . My target is $10 and i think we will able to see that on when altcoin rally starts

Yes yes this is my assumption too when looking at all that has happened to Bancor and other alts. Only some alt coins when entering the market have done well and those were generally alts with a working product. Bancor

unfortunately did not have this to start out and had to work its way back up. Now hopefully it can make a surge but only gonna happen if bitcoin cools off for a few weeks or longer imo.

This is definitely true. A working product is the only way a project has a future in this space, especially with all those ICO's being conducted on mere ideas. As for BNT's price one always should keep the ETH price in mind though, not the dollar value. We are still way under the ICO price here, so there should be a lot of growth potential for Bancor, although the market cap is high already.

I think that's the trouble with ICOs so far though. Very few of them actually beat ETH. Many who invest in ICOs are otherwise ETH investors, which means, in general, they are missing out on gains. Bancor is one of the candidates I wouldn't be surprised to see change that dynamic, but it still needs to prove itself by supporting ICOs that perform well in the real world, not just in raising money at the ICO. That might take a few years.

Agreed. So far (almost) every ICO I invested in underperformed in comparison to ETH / BTC, but this could change when there is a working product and people start realizing the value of BNT as a reserve token. But you are right, this could take some years, so just hodl and dont care about the current price so much.
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November 26, 2017, 07:47:20 PM
 #5045

Bancor network grows day by day. Price raise $2 to 2.6 . My target is $10 and i think we will able to see that on when altcoin rally starts


I'll not even look at the price of a bancor before 100 $. Having studied the project, I realized that there is a chance that the bancor will be very expensive. I ready wait.

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ruletheworld
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November 26, 2017, 09:04:48 PM
 #5046

Bancor network grows day by day. Price raise $2 to 2.6 . My target is $10 and i think we will able to see that on when altcoin rally starts

Yes yes this is my assumption too when looking at all that has happened to Bancor and other alts. Only some alt coins when entering the market have done well and those were generally alts with a working product. Bancor

unfortunately did not have this to start out and had to work its way back up. Now hopefully it can make a surge but only gonna happen if bitcoin cools off for a few weeks or longer imo.

This is definitely true. A working product is the only way a project has a future in this space, especially with all those ICO's being conducted on mere ideas. As for BNT's price one always should keep the ETH price in mind though, not the dollar value. We are still way under the ICO price here, so there should be a lot of growth potential for Bancor, although the market cap is high already.

I think that's the trouble with ICOs so far though. Very few of them actually beat ETH. Many who invest in ICOs are otherwise ETH investors, which means, in general, they are missing out on gains. Bancor is one of the candidates I wouldn't be surprised to see change that dynamic, but it still needs to prove itself by supporting ICOs that perform well in the real world, not just in raising money at the ICO. That might take a few years.

Agreed. So far (almost) every ICO I invested in underperformed in comparison to ETH / BTC, but this could change when there is a working product and people start realizing the value of BNT as a reserve token. But you are right, this could take some years, so just hodl and dont care about the current price so much.
That's the trouble with today's ICOs, and sooner or later, when investors realize they can likely get better gains with ETH/BTC, the slew of new ICOs will likely slow down. That market slowdown may also be a good time for promising ICOs already completed and yet to be completed. The crypto markets are quite volatile and cyclical that way.
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November 26, 2017, 09:59:00 PM
 #5047

Bancor Progress Update https://blog.bancor.network/bancor-progress-update-f47375a68795
Easy2Mine
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November 26, 2017, 10:00:30 PM
 #5048

It's very interesting that it's not worth as much as $ 10. They keep the price under pressure.

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November 26, 2017, 10:19:29 PM
 #5049

Must admit, some pretty cool updates in there.
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November 26, 2017, 11:51:28 PM
 #5050

It's very interesting that it's not worth as much as $ 10. They keep the price under pressure.

Wait until the platform is live and usable in a proper manner for everyday businesses and people. I am certain that we will see a constant price rise when Bancors product is launching! The alpha is already amazing so far.
GayEddie
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November 27, 2017, 05:26:50 AM
 #5051


Nice update, more project on boards the Bancor Protocol.
But mostly as a token relay, hopefully once the platform is fully function it will be like a big decentralised exchanges full with token pair
GayEddie
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November 27, 2017, 05:27:41 AM
 #5052

"Users can now import any Ethereum wallet address (such as MyEtherWallet and others) and have access to it from the Bancor Web App."

This is a great news!
Xandan
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November 27, 2017, 12:49:47 PM
 #5053

These small steps really began to turn into big things like this last facility of ERC-20 tokens using myetherwallet directly import option. Bancor is seeming slower but in fact it isn't. The difference is only completed tested features are being delivered while many are under developed at the same time.
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November 27, 2017, 04:58:07 PM
 #5054

Bancor will be at Consensus: Invest tomorrow at the New York Marriott Marquis. Reach out if you want to connect!  Wink
https://www.coindesk.com/events/invest-2017/
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November 27, 2017, 05:15:40 PM
 #5055

Latest update is great. Lots of new features like widget, platform tweaks, and amazing talk by Guy Benartzi at “Startup Nation to Crypto Nation”, you have to watch it - https://www.youtube.com/watch?v=u4uscqik300

But for me the most important is that Bancor Network had the highest volume on STX token comparing to traditional exchanges. Stox is the first activated Smart Token on Protocol, so this shows us the potential volume for next tokens that will be activated soon. I'm impressed!

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November 27, 2017, 05:42:20 PM
 #5056

Latest update is great. Lots of new features like widget, platform tweaks, and amazing talk by Guy Benartzi at “Startup Nation to Crypto Nation”, you have to watch it - https://www.youtube.com/watch?v=u4uscqik300

But for me the most important is that Bancor Network had the highest volume on STX token comparing to traditional exchanges. Stox is the first activated Smart Token on Protocol, so this shows us the potential volume for next tokens that will be activated soon. I'm impressed!



The volume is impressive in comparison with other exchanges, as the number of coins and the volume of trades increase, the bankor will become the top

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November 27, 2017, 05:43:57 PM
 #5057

Latest update is great. Lots of new features like widget, platform tweaks, and amazing talk by Guy Benartzi at “Startup Nation to Crypto Nation”, you have to watch it - https://www.youtube.com/watch?v=u4uscqik300

But for me the most important is that Bancor Network had the highest volume on STX token comparing to traditional exchanges. Stox is the first activated Smart Token on Protocol, so this shows us the potential volume for next tokens that will be activated soon. I'm impressed!



Definitely mate! Thats a good observation. Hopefully this will be the case with every smart token on the Bancor network. As I said, people just need to realize the benefits that Bancors liquidity mechanism brings to the space and they will start to adapt it. Also great to hear that we can now integrate our wallets to the platform, great work Bancor!
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November 27, 2017, 08:25:25 PM
 #5058


Definitely mate! Thats a good observation. Hopefully this will be the case with every smart token on the Bancor network. As I said, people just need to realize the benefits that Bancors liquidity mechanism brings to the space and they will start to adapt it. Also great to hear that we can now integrate our wallets to the platform, great work Bancor!

Yeah, more & more new people coming to crypto lured by ICOs and after investment they want to sell their tokens. Making new account and getting verified on exchanges is too difficult for many of them, so platform like Bancor is the ideal solution. As the user interface is getting easier to use and more new tokens are showing up on network, I'm sure adaptation will speed up which means more volume and more users. Next year will be amazing for Bancor and whole crypto space. Cool
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November 27, 2017, 08:31:30 PM
 #5059

It's very interesting that it's not worth as much as $ 10. They keep the price under pressure.

If the longtail works... and Bancor will be widely adopted (and this is key!) - The sky is basically the limit.


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bribed
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November 27, 2017, 09:39:13 PM
 #5060


Definitely mate! Thats a good observation. Hopefully this will be the case with every smart token on the Bancor network. As I said, people just need to realize the benefits that Bancors liquidity mechanism brings to the space and they will start to adapt it. Also great to hear that we can now integrate our wallets to the platform, great work Bancor!

Yeah, more & more new people coming to crypto lured by ICOs and after investment they want to sell their tokens. Making new account and getting verified on exchanges is too difficult for many of them, so platform like Bancor is the ideal solution. As the user interface is getting easier to use and more new tokens are showing up on network, I'm sure adaptation will speed up which means more volume and more users. Next year will be amazing for Bancor and whole crypto space. Cool

Thats true, but one has to keep in mind that Bancor will be only crypto to crypto if Im not mistaken. If those that invest in ICO's later want to cash out their tokens into fiat, they still have to use a centralized exchanges. Hopefully there will be new ways implemented how people can do that in the future. Maybe Bancor can even integrate something alike in the coming years. I totally agree with you, 2018 will be a great year for crypto as a whole and especially for Bancor!
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