[ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 257.

RoosterRed

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Quote from: Dvd1989 on September 17, 2017, 05:34:41 AM

Quote from: RoosterRed on September 17, 2017, 05:18:18 AM

Here is a good article I wrote on the Bancor coin/platform: https://steemit.com/scams/@roosterred/why-bancor-unless-it-changes-will-be-pump-and-dump-nightmare-for-investors
It has positive and negatives.

Doesnt the whole idea of Bancor make it a project that cannot easily suffer from Pump and Dump? The Price Discovery makes sure the contract price is pretty stable in my opinion.

Read the article. It is the opposite. Changes in the spread between the contract price and the trading price can help you identify pumping done by trading between fake parties, but there is no reason why you would resort to trading between fake parties in a Bancor backed coin. It is algorithmic. Buy from the contract and the price goes up. Convince people to buy more than you did and you get immediate, risk free profit. You can get dumped on by whales in the market, but your losses are still less than with normal coins, and everyone else, sans the whale, loses along with you.

Dvd1989

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Quote from: RoosterRed on September 17, 2017, 05:18:18 AM

Here is a good article I wrote on the Bancor coin/platform: https://steemit.com/scams/@roosterred/why-bancor-unless-it-changes-will-be-pump-and-dump-nightmare-for-investors
It has positive and negatives.

Doesnt the whole idea of Bancor make it a project that cannot easily suffer from Pump and Dump? The Price Discovery makes sure the contract price is pretty stable in my opinion.

TeraBite

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Quote from: Karl_Marx on September 17, 2017, 03:56:00 AM

Bancor is simply free money. Of has over a 100 million usd in Development Funds on the bank and its not even top 50.

It's gonna be top 10 in 2 years for sure. There won't be many more ICO that will raise 100 million+.

This is long term project I also invested into this project because it had so high hype at the time of ICO as Tim Draper invested into this project. I believe it will bounce back very soon.

https://blog.bancor.network/tim-draper-invests-in-bancor-2a70ee414df1

RoosterRed

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Activity: 64

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Here is a good article I wrote on the Bancor coin/platform: https://steemit.com/scams/@roosterred/why-bancor-unless-it-changes-will-be-pump-and-dump-nightmare-for-investors
It has positive and negatives.

Dvd1989

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Merit: 252

Quote from: Razaberry on September 17, 2017, 04:22:30 AM

Quote from: Karl_Marx on September 07, 2017, 10:35:19 AM

Is of even possible for bnt to rise? I guess it's impossible due to the selling and buying of the smart contract at fixed price? It's closely connected to ETH price.

Not sure where you got the idea that there's a fixed price. You can see the price change with every buy and sell at https://www.bancor.network/bnt

Maybe he refers to the buyback wall of 1 eth per 100 BNT. Unfortunately, that buyback wall has been gone for weeks now..

Razaberry

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Quote from: Karl_Marx on September 07, 2017, 10:35:19 AM

Is of even possible for bnt to rise? I guess it's impossible due to the selling and buying of the smart contract at fixed price? It's closely connected to ETH price.

Not sure where you got the idea that there's a fixed price. You can see the price change with every buy and sell at https://www.bancor.network/bnt

Karl_Marx

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Bancor is simply free money. Of has over a 100 million usd in Development Funds on the bank and its not even top 50.

It's gonna be top 10 in 2 years for sure. There won't be many more ICO that will raise 100 million+.

cleverhope

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Quote from: TimeHacker on September 16, 2017, 04:20:23 PM

After reading how the whole Bancor system works, I would say that with so many partnerships that were announced, if all the tokens are really launched on top of the Bancor platform the Bancor price simply must raise.
The launch dates of the tokens are however spread within few weeks to months from now, so it might take a bit of time.

Agree with you. The idea of the project is cool. But from where did you get news about few weeks or month?

T.Stuart

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One Token to Move Anything Anywhere

Quote from: hush on September 16, 2017, 01:45:31 PM

Quote from: MAFTRADER on September 16, 2017, 01:37:52 PM

anyone know the token price ?

What price do you want to know current price or ICO? It was dealt in Eth and price was 100 BNT=1ETH but now this is very cheap to pick some up if you are interested in this.

now a good price to buy, bancor is good as a long-term investment, it solves the problem of liquidity

kosaet

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Bancor team, how will you vote in the dcorp holder token unlock in october?

T.Stuart

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One Token to Move Anything Anywhere

what good news on a roadmap? I know that I became partners with kickico, and what else will happen?

TimeHacker

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After reading how the whole Bancor system works, I would say that with so many partnerships that were announced, if all the tokens are really launched on top of the Bancor platform the Bancor price simply must raise.
The launch dates of the tokens are however spread within few weeks to months from now, so it might take a bit of time.

dan_johns

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The ground-breaking protocol for providing liquidity to tokens on the Ethereum blockchain provided by Bancor is shaping the future of new altcoins.

KickCity, a synthesis of Facebook and Slack on Blockhain, is one of the many coins that will embrace the Bancor protocol, which means that the market participants will always be able to liquidate or purchase tokens without having to find a counterparty to buy or sell the tokens.

KikCity will basically create Blockchain value communities that will allow for exchange of information and value simultaneously. They are having a presale on 4th October 2017, so if you want to learn more about them and their team, make sure to visit their Telegram Channel: https://t.me/kickcity_chat

hush

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Quote from: MAFTRADER on September 16, 2017, 01:37:52 PM

anyone know the token price ?

What price do you want to know current price or ICO? It was dealt in Eth and price was 100 BNT=1ETH but now this is very cheap to pick some up if you are interested in this.

MAFTRADER

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anyone know the token price ?

dan_johns

newbie

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As you all know, the team behind Bancor has developed a ground-breaking protocol for providing liquidity to tokens on the Ethereum blockchain through the use of currency reserves.

This amazing concept has been noticed by many teams, including Sharpe Capital, the UK based investment fund that uses a proof-of-stake and proof-of-reputation crowdsourcing sentiment platform, and quantitative trading model to achieve better risk-adjusted returns than traditional funds. Sharpe Capital aims to be the new gold standard for hedge fund management, leveraging blockchain technology to provide low barrier to entry, high liquidity, anonymity, anti-corruption mechanisms and international access.

Sharpe Capital is creating a full blown smart token on the Bancor network, and is putting substantial reserves into BNT.

Join the Sharpe Capital Telegram channel here, and ask the founders Lewis and James any questions here: https://t.me/sharpecapital

Shahrul09

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Quote from: topesis on September 16, 2017, 03:15:52 AM

Bancor team must have done a real good job with their marketing selling this idea and this not practical in real life, even the team can't support the floor they promised, unless something indeed changed quickly, this might be one of the ICO project to go under

The platform not even go live yet you can already foreseen the future. Stop using time machine and crystal ball my friend.

And tye price floor contract work as intended, nobody said it will last forever.
Read about the function and why they put it.

https://blog.bancor.network/price-floor-in-action-and-as-a-solution-ffa717ca906e

sud

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Quote from: topesis on September 16, 2017, 03:15:52 AM

Bancor team must have done a real good job with their marketing selling this idea and this not practical in real life, even the team can't support the floor they promised, unless something indeed changed quickly, this might be one of the ICO project to go under

What's not practical in token changers? It's the most practical thing for ICOs to guarantee liquidity for their contributors holding tokens. Price floor is whole different story, but it was working as intended while there still was reserve.

topesis

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Bancor team must have done a real good job with their marketing selling this idea and this not practical in real life, even the team can't support the floor they promised, unless something indeed changed quickly, this might be one of the ICO project to go under

sud

sr. member

Activity: 826

Merit: 301

Quote from: D3m0nKinGx on September 15, 2017, 05:58:55 AM

Quote from: bobq on September 15, 2017, 05:54:44 AM

Quote from: bobq on September 15, 2017, 04:59:22 AM

Watching my BNT token balance with https://ethplorer.io today I see that indicated value in $ has suddenly doubled with an increase of 102%, which to me doesn't make any sense given the fact that the price is in fact going down. Anyone having the same experience and/or having an explanation for that?

Now the BNT value in $ as shown on ethplorer.io has reached +200%. This totally makes no sense, must be a bug of ethplorer.io. Someone with the same experience or and explanation here?

Code:

Symbol	BNT
Price	$ 6.27 (195.75%)
Total Supply	76,966,138.8430689 BNT
$ 482,577,690.55
Decimals	18
Owner	0xb72A0Fa1E537c956DFca72711c468EfD81270468
Transfers	91622
Holders	12695

So have you sorted out what was that wierd price leaps? Had to be ethplorer issues, because I was checking the BNT charts and it looks like one of the most stable coins in this crypto madness since China bitcoin ban news. This is the perfect example how Bancor automated price discovery works, you just wont see -50% on a 24h coinmarketcap tab.

BTW we have another two partnerships announced - HydroMiner and BitClave.

Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 257. (Read 375744 times)