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.
