is this news can affect to BNT price?

[kaconk]

About bancor:
Bancor (BNT) offers a marketplace that facilitates the exchange of cryptoassets that may otherwise lack consistent liquidity on exchanges.

in december 2019, bancor will be airdrop to all BNT holder, total value is equivalent to 10% BNT’s market cap at the time of the snapshot. (If the airdrop occurred today, it would amount to $2.0 million, based on today’s $20 million BNT market cap.)

source: https://blog.bancor.network/the-bancor-airdrop-is-coming-42d78709427f


So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

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[jossiel]

Yes it can.

As long as there's a volume to that coin, each news that will come out has a significant effect to it. And with airdrops, everyone who holds it might add more and those that doesn't have it might buy more.

[CjMapope]

About bancor:
Bancor (BNT) offers a marketplace that facilitates the exchange of cryptoassets that may otherwise lack consistent liquidity on exchanges.

in december 2019, bancor will be airdrop to all BNT holder, total value is equivalent to 10% BNT’s market cap at the time of the snapshot. (If the airdrop occurred today, it would amount to $2.0 million, based on today’s $20 million BNT market cap.)

source: https://blog.bancor.network/the-bancor-airdrop-is-coming-42d78709427f


So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

i think ATH is kinda a bad number to take solely into account sometimes. We had that out of control market pump at the end of 2018
messed up the ath numbers, inflated them really bad. It makes projects seem like they have dropped alot, but these prices are maybe closer to actual worth now
some would say most of these coins are STILL overvalued haha

[Pelunize12]

as far i know, most of news dont affect on coin price this time, even on big news. airdrop is similiar with other project doing so
nothing big change so far, so, i doubt it would affect on price
beside that, i dont see that news in coinmarketcal. so many people wont know about that news

[kolonel_x]

I am still waiting for the development of the Bancor, and some opinions here if this is good will generate profits I will buy to wait for a snapshot, currently $ 0.328780 / BNT in my opinion is quite low. Is this our chance ??

[CryptoBry]

in december 2019, bancor will be airdrop to all BNT holder, total value is equivalent to 10% BNT’s market cap at the time of the snapshot.

So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH. what do you think?

Wow, losing as much 93% value from the ATH level is really something to ponder about, had this happened with other investment vehicle like stocks then it would already be a major, major catastrophe. Now, the good news is that this is also happening with other tokens or coins in this industry so this has become a normal phenomenon.

Now, will the scheduled airdrops push the value to go up or to go down? Based on my experience as a bounty hunter, there is a bigger chance that it will further make the value of BNT go deep. Most of the airdrop recipients will just convert what they got into Bitcoin or other top alts and therefore there will be a higher sell demand for the token. Not unless these recipients are required to hold BNT for sometime before they can dispose of them, maybe that can be helping a lot.

Bancor is actually one of the platforms that I admire and I am hoping that the people behind it are working day and night making it one of the top players in this industry. 

[NathanJB]

About bancor:
Bancor (BNT) offers a marketplace that facilitates the exchange of cryptoassets that may otherwise lack consistent liquidity on exchanges.

in december 2019, bancor will be airdrop to all BNT holder, total value is equivalent to 10% BNT’s market cap at the time of the snapshot. (If the airdrop occurred today, it would amount to $2.0 million, based on today’s $20 million BNT market cap.)

source: https://blog.bancor.network/the-bancor-airdrop-is-coming-42d78709427f


So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

Wow, this is a great plan of the Bancor (BNT) team! I hope this will create a little more noise about Bancor (BNT) in the crypto world and give justice to the project. Bancor is a great project and has been in the market for a long time. But the older it gets and the higher the number of players enter the market, Bancor is slowly replaced with new coins. And now it is already kicked out of the top 100. It is far down much lower.

I will definitely read the article. I hope they will also offer the same to the BNT stored in the exchange wallets. Or does anybody know?

[DaMut]

An airdrop to their holders, classic thing that I used to see on many projects to get the hype.

I am still waiting for the development of the Bancor, and some opinions here if this is good will generate profits I will buy to wait for a snapshot, currently $ 0.328780 / BNT in my opinion is quite low. Is this our chance ??

If you want to get easy profit, buy it right now and then holding it until December or until the price moves up for more than 10%. They are doing this to provide liquidity to the providers, I believe the providers will stock some of it to get free liquidity from the team. This is a chance that you must not miss, pretty simple and easy.

[anog]

Yes it can.

As long as there's a volume to that coin, each news that will come out has a significant effect to it. And with airdrops, everyone who holds it might add more and those that doesn't have it might buy more.

Of course prices go up due to demand and at the last seconds before the snapshot occurs there will be a massive sell-off.

I'm not interested in events like this, I think the biggest effect is the one above, but don't expect because if that happens there will be lots of people losing money.

[rijaljun]

So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

Absolutely yes!

BNT price could go up pretty high cause if people want to join the airdrop they have to buy and hold BNT, then it will help to increase the volume and also the reward pool.

But this won't be long, after the airdrop ended, the price will slightly go down cause people wan't to liquidate their assets and probably back to the current price. People just want the money, not the BNT.

[slaman29]

About bancor:
Bancor (BNT) offers a marketplace that facilitates the exchange of cryptoassets that may otherwise lack consistent liquidity on exchanges.

in december 2019, bancor will be airdrop to all BNT holder, total value is equivalent to 10% BNT’s market cap at the time of the snapshot. (If the airdrop occurred today, it would amount to $2.0 million, based on today’s $20 million BNT market cap.)

source: https://blog.bancor.network/the-bancor-airdrop-is-coming-42d78709427f


So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

Bancor is one of the oldest names in all of crypto when it comes to decentralized exchanges (though it's not really decentralized is it?). IF you ask me, the airdrop will nudge prices even lower. -93% seems really bad when at least a lot of alts are edging closer towards -90 or -85. Thinking of LTC and ETH anyway;) Short pump, followed by long dump.

[AakZaki]

I just saw BNT candles like there is a good trend which is a bull trend, it looks like the price of $0,358 is the most likely to be achieved in the near future.  while the potential for November is at the highest point of $0,56.

[Reatim]

About bancor:
Bancor (BNT) offers a marketplace that facilitates the exchange of cryptoassets that may otherwise lack consistent liquidity on exchanges.

in december 2019, bancor will be airdrop to all BNT holder, total value is equivalent to 10% BNT’s market cap at the time of the snapshot. (If the airdrop occurred today, it would amount to $2.0 million, based on today’s $20 million BNT market cap.)

source: https://blog.bancor.network/the-bancor-airdrop-is-coming-42d78709427f


So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

You know what mate?if we will always look at the prices ATH?then for sure we won't find the value we wanted to achieve because that Hype of 2017 will.never come back this year or even in the next 2 years so better move on and set new target profit in each currency we may invest, and about that BNT?upon looking at the history?there's a chance that this December event will bring another good news and also movement in the price because investors may take a look on this again as airdrop will be take place.but just like what everyone always says?lets see what happen when time comes because we are all speculative for now

[AliMan]

About bancor:
Bancor (BNT) offers a marketplace that facilitates the exchange of cryptoassets that may otherwise lack consistent liquidity on exchanges.

in december 2019, bancor will be airdrop to all BNT holder, total value is equivalent to 10% BNT’s market cap at the time of the snapshot. (If the airdrop occurred today, it would amount to $2.0 million, based on today’s $20 million BNT market cap.)

source: https://blog.bancor.network/the-bancor-airdrop-is-coming-42d78709427f


So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

With this brilliant news, it was so hard to say a definite conclusive words about BNT price. What's most certain about that, promotional matters really can help an exchange brought up their popularity after all those efforts provided by Bancor's team. This is huge amount of money being airdropped, is somewhat a very serious strategy gambled by BNT in order for their crypto to established a strong community in the future. My personal insights on this, I am positive that the news will bring large factor for the price of BNT to reach a remarkable value, and we'll see what's the outcome when that $2M airdrop is over to all qualified.

[knuckey]

So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

Absolutely yes!

BNT price could go up pretty high cause if people want to join the airdrop they have to buy and hold BNT, then it will help to increase the volume and also the reward pool.

But this won't be long, after the airdrop ended, the price will slightly go down cause people wan't to liquidate their assets and probably back to the current price. People just want the money, not the BNT.

Just as I thought and this airdrop will suffer the same fate as other airdrops, which are dumped after the distribution is complete. I just remind you to be careful and don't get stuck, because at the time of the snapshot the pump is usually started.

[rijaljun]

Just as I thought and this airdrop will suffer the same fate as other airdrops, which are dumped after the distribution is complete. I just remind you to be careful and don't get stuck, because at the time of the snapshot the pump is usually started.

one time airdrop is seen as solution to a low price, yes it will bring hype and help price increase for a short time (during airdrop). But this is not a real solution for low price, it is actually help people to lose money whenever the price is already high and people start buying it just before it starts to lose its price. It's a an opportunity for some and just a trap for others.

[Quidat]

So, is this news can affect to BNT price? beside the news above, currently the BNT price is -93% from ATH.

what do you think?

Absolutely yes!

BNT price could go up pretty high cause if people want to join the airdrop they have to buy and hold BNT, then it will help to increase the volume and also the reward pool.

But this won't be long, after the airdrop ended, the price will slightly go down cause people wan't to liquidate their assets and probably back to the current price. People just want the money, not the BNT.

Just as I thought and this airdrop will suffer the same fate as other airdrops, which are dumped after the distribution is complete. I just remind you to be careful and don't get stuck, because at the time of the snapshot the pump is usually started.

Selling it out while others are greedy is the best move to be done.Airdrop might give out some temporal effect but as said
this wont last long since people would be mainly concerned on making money rather than supporting the project.Been known
about bancors existence yet ive been trading some coins in the past but as usual when the entire market plummets it drags majority
of the coins to the floor including this one. Recovery basing on ATH's price is somewhat nearly impossible.

[albrots]

as far i know, most of news dont affect on coin price this time, even on big news. airdrop is similiar with other project doing so
nothing big change so far, so, i doubt it would affect on price
beside that, i dont see that news in coinmarketcal. so many people wont know about that news

News like this will also affect prices, though not too much. We can learn from the NXT Snapshot incident to IGNIS. NXT snapshots are trending topics and are always talked about by people in this firm or outside the forum, resulting in an extraordinary FOMO. I took part, but a few hours before the snapshot I took advantage. Because what happened after that NXT was dumped heavily and many suffered losses. this might also happen to BNT if the news about the BNT airdrop is read by many people, but it won't be as bad as NXT.

[kaconk]

sorry long time not update this thread.
binance support bancor airdrop: https://www.binance.com/en/support/articles/360036941332
Snapshot date: January 1st at 12:00AM EST