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

[1ce]

This is a big mystery for me. I am a huge fan of Bancor, which I personally consider one of the best projects in the crypto space. However, I can't understand for which reason the price of the token has been tanking ever since. The BNT-ETH graph is devastating over these two years, and so is the BNT-USD graph.
Who has been massively selling BNT for these years? Anyone who has bought BNT at the ICO - like myself - has paid it expensively and why would anyone now still be selling at such a massive loss ? So who is selling?
According to the whitepaper, the more projects would adopt Bancor as a reserve token, the more its price should rise. However, adoption is increasing and price goes on tanking.
Could someone please clear out this mystery in an intelligent way?

The crowd is stupid. Be patient.

[chichidori]

This is a big mystery for me. I am a huge fan of Bancor, which I personally consider one of the best projects in the crypto space. However, I can't understand for which reason the price of the token has been tanking ever since. The BNT-ETH graph is devastating over these two years, and so is the BNT-USD graph.
Who has been massively selling BNT for these years? Anyone who has bought BNT at the ICO - like myself - has paid it expensively and why would anyone now still be selling at such a massive loss ? So who is selling?
According to the whitepaper, the more projects would adopt Bancor as a reserve token, the more its price should rise. However, adoption is increasing and price goes on tanking.
Could someone please clear out this mystery in an intelligent way?

The crowd is stupid. Be patient.

If you read above you can see the news that bancor will exclude US in there network, this may cause a short time dump and people from the US may unload there token just to avoid being lack out from the network.

[Dextroboy]

This is a big mystery for me. I am a huge fan of Bancor, which I personally consider one of the best projects in the crypto space. However, I can't understand for which reason the price of the token has been tanking ever since. The BNT-ETH graph is devastating over these two years, and so is the BNT-USD graph.
Who has been massively selling BNT for these years? Anyone who has bought BNT at the ICO - like myself - has paid it expensively and why would anyone now still be selling at such a massive loss ? So who is selling?
According to the whitepaper, the more projects would adopt Bancor as a reserve token, the more its price should rise. However, adoption is increasing and price goes on tanking.
Could someone please clear out this mystery in an intelligent way?

The crowd is stupid. Be patient.

If you read above you can see the news that bancor will exclude US in there network, this may cause a short time dump and people from the US may unload there token just to avoid being lack out from the network.

If you may know what is the reason they exclude the US because I am personally curious about that please explain so that I can understand

[chickaboom]

This is a big mystery for me. I am a huge fan of Bancor, which I personally consider one of the best projects in the crypto space. However, I can't understand for which reason the price of the token has been tanking ever since. The BNT-ETH graph is devastating over these two years, and so is the BNT-USD graph.
Who has been massively selling BNT for these years? Anyone who has bought BNT at the ICO - like myself - has paid it expensively and why would anyone now still be selling at such a massive loss ? So who is selling?
According to the whitepaper, the more projects would adopt Bancor as a reserve token, the more its price should rise. However, adoption is increasing and price goes on tanking.
Could someone please clear out this mystery in an intelligent way?

The crowd is stupid. Be patient.

If you read above you can see the news that bancor will exclude US in there network, this may cause a short time dump and people from the US may unload there token just to avoid being lack out from the network.

If you may know what is the reason they exclude the US because I am personally curious about that please explain so that I can understand

In light of increased regulatory uncertainty, we believe that restricting US-based users from executing conversions via our web interface is the most judicious decision for all members of Bancor's ecosystem at this time.

Read more here:
https://ban.cr/US-ServiceRestriction

[heelanwa]

Crypt0snews explains the power of blockchain and how open source smart contracts enable anyone to buidl on a decentralized liquidity network.
Watch the full video and share! 👍

https://twitter.com/Bancor/status/1141645202798600192

[traveler007]

What happened with the USA members? I see that a lot of exchanges prohibit US people trade nowdays (for example few days ago Bittrex did this too..), now I see that Bancor follow this...

[lunnatic]

What happened with the USA members? I see that a lot of exchanges prohibit US people trade nowdays (for example few days ago Bittrex did this too..), now I see that Bancor follow this...

I myself also do not know about this problem and help if someone who knows can explain in a language that is easy to understand

[chickaboom]

What happened with the USA members? I see that a lot of exchanges prohibit US people trade nowdays (for example few days ago Bittrex did this too..), now I see that Bancor follow this...

In light of increased regulatory uncertainty, we believe that restricting US-based users from executing conversions via our web interface is the most judicious decision for all members of Bancor's ecosystem at this time. US citizens, domiciliaries or users from US IPs will no longer be able to use Bancor’s web application, http://bancor.network , to convert tokens. Users can still access, hold, and transfer tokens. Read more here:
https://ban.cr/US-ServiceRestriction

[heelanwa]

$BNT, $ETH, $EOS, $NEXO, $ANT, $POE, $EMT, $IQ, $KICK & $DAI are currently the Top10 most popular tokens on Bancor.

https://twitter.com/Bancor/status/1141659963250622464

[heelanwa]

Dragon (DRAGON) is LIVE on the Bancor Network. Check it out: https://ban.cr/Dragon

[vandanman1]

There's a long tail of user generated tokens, and that's one of the fields that Bancor can strenghten, by providing continuous liquidity to them! Check that out, among a few other interesting tidbits, on the Team's latest tweet:
https://twitter.com/bancor/status/1143187221836705792?s=21

[Boqueron]

What happened with the USA members? I see that a lot of exchanges prohibit US people trade nowdays (for example few days ago Bittrex did this too..), now I see that Bancor follow this...

Why is Bancor blocking the U.S.?: In light of increased regulatory uncertainty, we believe that restricting US-based users from executing conversions via our web interface is the most judicious decision for all members of Bancor's ecosystem at this time.
More info here:
https://support.bancor.network/hc/en-us/articles/360029588431-US-Service-Restriction

[heelanwa]

Bancor Co-Founder Galia Benartzi and HTC Exodus's Phil Chen discuss the story of money. 💰
🌍 From the Earth  > 💵  Gov. Issued  > 👩👱‍♂️ Created by People

https://twitter.com/Bancor/status/1143440160824143873

Watch the full video, share your thoughts with us and, don't forget to retweet!

[Boqueron]

Which companies might benefit most from blockchain technology? Tag them!
https://twitter.com/Bancor/status/1143454666535120901

[Canaricolor]

Explain money using only emojis. 

https://twitter.com/bancor/status/1143734478055116800?s=21

[alicea]

Did we get any word on what will be the next chain that will be added to the bancor network's platform? Or is it still unknown?

[chickaboom]

Did we get any word on what will be the next chain that will be added to the bancor network's platform? Or is it still unknown?

At the moment, we do not know which chain will be added, but once we do, we'll update the community. Be sure to follow Bancor's Twitter and the News Channel on Telegram.

[chickaboom]

WATCH: Bancor Co-Founder @galiabenartzi & @htcexodus's @philchen913 discuss the story of #money. 💰

🌍 From the Earth  > 💵  Gov. Issued  > 👩👱‍♂️ Created by People

Full Video: https://ban.cr/StoryOfMoney

https://twitter.com/Bancor/status/1143440160824143873

[Boqueron]

Leave a comment on this tweet and let us know which of the top 10 most popular tokens on Bancor are your favorites
https://twitter.com/Bancor/status/1143852050226253824

[Boqueron]

Bancor's Head of Marketing, Anna Stone, spoke along side other industry leaders including Binance and Kin Foundation at Fintech Junction in Tel Aviv.
“Removing technical barriers to tokenization allows us to expand the money supply from the ground up, closing cash gaps in underserved communities across the globe.”

See the Tweet here