[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 222.

Sitimunirah

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Quote from: newb-dev on December 02, 2017, 03:57:32 PM

Hello. I put ENJ and BNT into ENJBNT relay but when I made a small withdrawal back, there was less crypto than I ordered for withdrawal. Is that standard function to gave less out than in? How can I assure not loose my ENJ/BNT into ENJBNT relay?

No you should check first how many you gonna get before change them.

When you purchase enjbnt, you created an opportunity for someone to convert tokens using the relay.
When you tried to sell your tokens into either one , the current rate has changed leading you to sell at a lower rate.
(This means that you could have sold to opposite token at a higher rate)

And use the getSaleReturn function to know how many you will get before chnge it.

Thenik87

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Meet Bancor at the bar! Community Happy Hour near TechCrunch disrupt Berlin Monday Dec 4, 6-8pm at http://bit.ly/hopfenreich come say Hi!

newb-dev

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Activity: 406

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Hello. I put ENJ and BNT into ENJBNT relay but when I made a small withdrawal back, there was less crypto than I ordered for withdrawal. Is that standard function to gave less out than in? How can I assure not loose my ENJ/BNT into ENJBNT relay?

l0uisStanley

member

Activity: 182

Merit: 10

Where can we see aggregate trade volume of the entire bancor network (all tokens) historically?

HitTheLow

full member

Activity: 590

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HIT the low and HOLD till moon

I'm lucky because I decided to stop loss at 45ksat, I dumped 5000 bnt bought at 60ksat.

Happy to see that price now is so low, should I buy back?

Sitimunirah

full member

Activity: 156

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Quote from: Sitimunirah on December 02, 2017, 06:50:30 AM

https://medium.com/@galiabenartzi/press-release-bancor-announces-153-million-raise-largest-token-generation-event-in-history-129b079a2baf

Okay according to that blog above.

BNT start with
Total supply of 79,323,978 BNT
So when ever total supply show this amount, the price in eth will be 1bnt=0.01eth=total suply 79,323,978 BNT

Right now, live in the bancor website.
https://www.bancor.network/bnt
Total supply is 74,238,000 BNT = 0.0055 eth

So we can assume, out of the 5 million BNT that get dumped, less than half of it will be from bounty hunter.

And yes you need someone to buy this 5million BNT for bancor to get back at eth ico price. 0.01eth=1bnt.

Continue..
And yes, you need around $10million -15million for it to get back to its ico price. This won’t happen in short time, so everyone can put the bnt in cold storage and please go to sleep.

yeyicheng888

member

Activity: 350

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After reviewing the white paper on the Bancor project, most people will continue the project, because it looks really great. The price may be underestimated at the moment, and it is expected to break out in the near future. Wink

Sitimunirah

full member

Activity: 156

Merit: 100

https://medium.com/@galiabenartzi/press-release-bancor-announces-153-million-raise-largest-token-generation-event-in-history-129b079a2baf

Okay according to that blog above.

BNT start with
Total supply of 79,323,978 BNT
So when ever total supply show this amount, the price in eth will be 1bnt=0.01eth=total suply 79,323,978 BNT

Right now, live in the bancor website.
https://www.bancor.network/bnt
Total supply is 74,238,000 BNT = 0.0055 eth

So we can assume, out of the 5 million BNT that get dumped, less than half of it will be from bounty hunter.

And yes you need someone to buy this 5million BNT for bancor to get back at eth ico price. 0.01eth=1bnt.

Sitimunirah

full member

Activity: 156

Merit: 100

And 3rd.. the bancor smart token mechanism itself didn’t help it to raise quickly above ico and recover fast enough after mass dump.

If the token want to go back to the ico price,
The same amount of BNT that already destroyed by the contract due to the bounty hunter and weak hand dumped, need to be buy back.
Let me check how many BNT is that in a while.

Sitimunirah

full member

Activity: 156

Merit: 100

Quote from: sud on December 02, 2017, 05:23:22 AM

Quote from: RitzBitzz on December 02, 2017, 04:02:01 AM

Quote from: newegggo on December 02, 2017, 02:21:41 AM

Quote from: ruletheworld on December 01, 2017, 05:12:13 PM

Quote from: RitzBitzz on December 01, 2017, 12:16:09 PM

Quote from: matsud2 on December 01, 2017, 07:45:43 AM

Quote from: LegendX on December 01, 2017, 07:28:45 AM

do you guys know what are the ICO price of BNT in USD and ETHER? thank you

0.01 eth/ bancor token if i not wrong but i don't know how much bancor price in usd at that time

3.3 to 3.5

Many user already dump and bounty reward is quite high also that probably why it still didn’t recover yet.

Highly doubt this has anything to do with the bounty reward, which wasn't high at all. They even diluted their smart contract and development bounty significantly before launch. It's too small to matter. Compare it to the trading volumes and you'll see what I mean.

I agree with you.
Bancor was one of the largest ICO ever. The bounty is small compared to its raised fund.
The only reason is that it was overvalued.

Well if you think more than 1million BNT (2-3million usd) already dump to bounty hunter where they dump on market which in where the arbitrage destroy this on the contract to lower down the total supply thus decreasing the price is not significantly large, idk what else.

And yes overvalue too.

But bounty they give is around 1.5% ffrom THE RAISED AMOUNT, count that.

Bounty was distributed in July, all bounty hunters already dumped their tokens when the reserve was still active. It's long gone, why you bring that up now?

Erm, he explaining why the price below ico.
First, bounty hunter dump it. Yes correct, even if they dump long back in July, it still a contributing factor.
2nd. Overvalued, yes, they take up all the demand during the ICO fomo back in June. So right now the weak hand sold and no body else want to buy, hence the price right now

sud

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Activity: 826

Merit: 301

Quote from: RitzBitzz on December 02, 2017, 04:02:01 AM

Quote from: newegggo on December 02, 2017, 02:21:41 AM

Quote from: ruletheworld on December 01, 2017, 05:12:13 PM

Quote from: RitzBitzz on December 01, 2017, 12:16:09 PM

Quote from: matsud2 on December 01, 2017, 07:45:43 AM

Quote from: LegendX on December 01, 2017, 07:28:45 AM

do you guys know what are the ICO price of BNT in USD and ETHER? thank you

0.01 eth/ bancor token if i not wrong but i don't know how much bancor price in usd at that time

3.3 to 3.5

Many user already dump and bounty reward is quite high also that probably why it still didn’t recover yet.

Highly doubt this has anything to do with the bounty reward, which wasn't high at all. They even diluted their smart contract and development bounty significantly before launch. It's too small to matter. Compare it to the trading volumes and you'll see what I mean.

I agree with you.
Bancor was one of the largest ICO ever. The bounty is small compared to its raised fund.
The only reason is that it was overvalued.

Well if you think more than 1million BNT (2-3million usd) already dump to bounty hunter where they dump on market which in where the arbitrage destroy this on the contract to lower down the total supply thus decreasing the price is not significantly large, idk what else.

And yes overvalue too.

But bounty they give is around 1.5% ffrom THE RAISED AMOUNT, count that.

Bounty was distributed in July, all bounty hunters already dumped their tokens when the reserve was still active. It's long gone, why you bring that up now?

RitzBitzz

sr. member

Activity: 331

Merit: 250

Quote from: newegggo on December 02, 2017, 02:21:41 AM

Quote from: ruletheworld on December 01, 2017, 05:12:13 PM

Quote from: RitzBitzz on December 01, 2017, 12:16:09 PM

Quote from: matsud2 on December 01, 2017, 07:45:43 AM

Quote from: LegendX on December 01, 2017, 07:28:45 AM

do you guys know what are the ICO price of BNT in USD and ETHER? thank you

0.01 eth/ bancor token if i not wrong but i don't know how much bancor price in usd at that time

3.3 to 3.5

Many user already dump and bounty reward is quite high also that probably why it still didn’t recover yet.

Highly doubt this has anything to do with the bounty reward, which wasn't high at all. They even diluted their smart contract and development bounty significantly before launch. It's too small to matter. Compare it to the trading volumes and you'll see what I mean.

I agree with you.
Bancor was one of the largest ICO ever. The bounty is small compared to its raised fund.
The only reason is that it was overvalued.

Well if you think more than 1million BNT (2-3million usd) already dump to bounty hunter where they dump on market which in where the arbitrage destroy this on the contract to lower down the total supply thus decreasing the price is not significantly large, idk what else.

And yes overvalue too.

But bounty they give is around 1.5% ffrom THE RAISED AMOUNT, count that.

newegggo

full member

Activity: 266

Merit: 101

The Experience Layer of the Decentralized Internet

Quote from: ruletheworld on December 01, 2017, 05:12:13 PM

Quote from: RitzBitzz on December 01, 2017, 12:16:09 PM

Quote from: matsud2 on December 01, 2017, 07:45:43 AM

Quote from: LegendX on December 01, 2017, 07:28:45 AM

do you guys know what are the ICO price of BNT in USD and ETHER? thank you

0.01 eth/ bancor token if i not wrong but i don't know how much bancor price in usd at that time

3.3 to 3.5

Many user already dump and bounty reward is quite high also that probably why it still didn’t recover yet.

Highly doubt this has anything to do with the bounty reward, which wasn't high at all. They even diluted their smart contract and development bounty significantly before launch. It's too small to matter. Compare it to the trading volumes and you'll see what I mean.

I agree with you.
Bancor was one of the largest ICO ever. The bounty is small compared to its raised fund.
The only reason is that it was overvalued.

ruletheworld

legendary

Activity: 1386

Merit: 1045

Quote from: hardalisas on December 01, 2017, 09:09:56 PM

If I remember it correctly, Bancor has been under ICO price all the time.
Is it possible that It will be above it some day?

Your guess is as good as anyone else's

hardalisas

full member

Activity: 294

Merit: 101

If I remember it correctly, Bancor has been under ICO price all the time.
Is it possible that It will be above it some day?

ruletheworld

legendary

Activity: 1386

Merit: 1045

Quote from: RitzBitzz on December 01, 2017, 12:16:09 PM

Quote from: matsud2 on December 01, 2017, 07:45:43 AM

Quote from: LegendX on December 01, 2017, 07:28:45 AM

do you guys know what are the ICO price of BNT in USD and ETHER? thank you

0.01 eth/ bancor token if i not wrong but i don't know how much bancor price in usd at that time

3.3 to 3.5

Many user already dump and bounty reward is quite high also that probably why it still didn’t recover yet.

Highly doubt this has anything to do with the bounty reward, which wasn't high at all. They even diluted their smart contract and development bounty significantly before launch. It's too small to matter. Compare it to the trading volumes and you'll see what I mean.

RitzBitzz

sr. member

Activity: 331

Merit: 250

Quote from: matsud2 on December 01, 2017, 07:45:43 AM

Quote from: LegendX on December 01, 2017, 07:28:45 AM

do you guys know what are the ICO price of BNT in USD and ETHER? thank you

0.01 eth/ bancor token if i not wrong but i don't know how much bancor price in usd at that time

3.3 to 3.5

Many user already dump and bounty reward is quite high also that probably why it still didn’t recover yet.

RitzBitzz

sr. member

Activity: 331

Merit: 250

Quote from: semiwylson on December 01, 2017, 09:14:18 AM

what is the nearest updates?

moon!
Lol, there are no eta for other token relay to be added into the apps.
https://trello.com/b/8SaOatUe/bancor-product-roadmap

Check the roadmap

semiwylson

member

Activity: 406

Merit: 10

what is the nearest updates?

pencil89

newbie

Activity: 31

Merit: 0

around 3,5$

Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 222. (Read 375744 times)