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Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 271. (Read 375744 times)

full member
Activity: 308
Merit: 100
It's very difficult for Bancor's price to increase. I have seen this time and again whenever somebody buys a large chunk of BNT on Bittrex and pushes the price up within minutes, the automated arbitrage bots bring the price down by arbitraging against the smart contract. I don't see how the price will increase.
sr. member
Activity: 504
Merit: 251
Need some information

Is the current price under the ICO price or above?

What's the ICO price per bancor? (with and without bonus)

Thanks!
There are no bonus or presale.
Everyone that invest in ico bought at 1eth= 100bnt
In fiat at that time is around 3.5$

And yes the current price is below ico price.
hero member
Activity: 1078
Merit: 502
For me, Bancor's ICO was unsuccessfull for investors. They could buy BNT from exchanges - and they can earn more than they take part ICO. ICO with big hard cup - bad ICO.
hero member
Activity: 1568
Merit: 511
Need some information

Is the current price under the ICO price or above?

What's the ICO price per bancor? (with and without bonus)

Thanks!
full member
Activity: 156
Merit: 100
Is there any estimated time for when the platform will be ready?
This year?2018? 2019?
member
Activity: 87
Merit: 10
I like what Bancor team is doing.
I have prepared a small visual summary of the technology and the problems that it solves.
https://medium.com/@StorifierCo/what-is-bancor-20fca8652e94
Please let me know if i missed something
hero member
Activity: 742
Merit: 501
The bancor team is working hard to release promised features, I'm holding my tokens until the Bancor token be in Top 10 in coin market cap
sud
sr. member
Activity: 826
Merit: 301
OK guys, looks like Bancor need some community support right now. They have launched new bounty program for offline & online ambassadors (aside from translations, which are also live), who will spread the word about all the possibilities of smart tokens. Check the site - https://app.bancor.network/communities/598314b64a93372697b7b88d - and participate if you qualify. I think the most important role will be offline ambassador, who has to organize meetups and find local business to educate and try to connect them with Bancor Network. It may be difficult but also fun!

I have never seen such a initiative for community in any of the blockchain projects so far.
sr. member
Activity: 1148
Merit: 307
Everyone who is now so impatient to see BNT price rise again has to give time to natural selection to impose its effects. Bancor is not just "a new coin" or "just another token", it is a protocol which opens the way to a completely new mechanics of money, and its logical evoution is to be adopted in time by the majority of the existing and still not existing currencies (the long tail...). Once a critical mass of adopters will have adopted the Bancor protocol, natural selection will eventually push the rest of the financial crypto echosystem to adapt... or to fade away.
legendary
Activity: 882
Merit: 1001
what is the next plan of  BANCOR?   just want more information about what dev team is doing ,  market need confidence from dev team
The detailed roadmap is here: https://trello.com/b/8SaOatUe/bancor-product-roadmap
The last completed task was on July 28: enabling buying and selling of tokens from the webapp interface (before it was done through the chatbot).

Nice to see some latest news about the Bancor, the market price is so stably and low, I almost forget it. But I do not worry about the price, I think the price will pleasure me when there is some valuable products.
sr. member
Activity: 630
Merit: 250
Update from Guy @ Telegram:

Multiple new bounty programs are roling out in August, including content creation, online and offline ambassadors. There will be many ways to contribute. You can follow what's happening here: t.me/bancorbounty

In the meantime, it is most helpful to communicate the core message behind the Bancor protocol. With so much misinformation floating around, one might have missed that Bancor deployed on Ethereum, an actual live, innovative smart contract technology, being used everyday to help address an important problem that has profound implications not only for cryptocurrency but all asset exchange, liquidity!
 
Bancor protocol introduces the concept of smart tokens. These new tokens have special capabilities such as a built-in automated market maker that enables decentralized, onchain transactions without a counterparty. Bancor protocol can also be used to create network tokens, token changers, token baskets and with an accompanying consumer-Internet UX, a long-tail of local currencies.

We will be sharing a lot of material over the coming months to help educate a wider audience on these concepts, as we simultaneously work to release great software that brings more liquidity and freedom.

Bancor to the moon!

The problem is not that people are not educated or that they don't understand the concept

It's about Bancor integrating their technology and make it easy for anyone to create these mentioned network tokens, token changes etc.

People need to use the platform for it to spread and become popular, only the testnet is currently available, which is.. well.. not very useful

Bancor has to make the promised features available (the software) before the idea can spread
the project has a certain mathematical model, in which there is no understand or do not understand the concept, the contract simply live their lives the robot. If the total tokens of the ether will rise, will rise bankor and the more they buy the higher the price.
full member
Activity: 208
Merit: 100
Jibrel - Traditional financial assets on-chain
They also have a superstar team and significant financial backing. I'm sure this project will deliver something special.
full member
Activity: 401
Merit: 104
Update on 'why no update on official blog.

From Galia @ Bancor
A challenging reality is that even our blog posts now need legal clearance, so everything (publicly facing) takes longer, though is in the best interest of the project. The good news is that the developers are unaffected and working around the clock on the main event, the products themselves, including easy buy/sell contracts, token changers UX, new website with smart contracts productized appropriately and better stats, and the end-user token/community creation app, as well as relevant APIs for partnerships. We understand the no news is bad news sentiment, which is why we're as active as possible here, and doing tons of outreach with reporters, at upcoming events, and in industry channels. We are also spending a lot of time working with upcoming token launch teams on integrating smart token functionality, and you can expect some exciting announcements on that front soon. Hang tight!

Glad to hear some good news! Devs are working hard, that's the more important thing!

I am sure that they are working around the clock. Beware of devs who spend all their time chatting on the forums instead Smiley
hero member
Activity: 581
Merit: 507
To the moon!
Update on 'why no update on official blog.

From Galia @ Bancor
A challenging reality is that even our blog posts now need legal clearance, so everything (publicly facing) takes longer, though is in the best interest of the project. The good news is that the developers are unaffected and working around the clock on the main event, the products themselves, including easy buy/sell contracts, token changers UX, new website with smart contracts productized appropriately and better stats, and the end-user token/community creation app, as well as relevant APIs for partnerships. We understand the no news is bad news sentiment, which is why we're as active as possible here, and doing tons of outreach with reporters, at upcoming events, and in industry channels. We are also spending a lot of time working with upcoming token launch teams on integrating smart token functionality, and you can expect some exciting announcements on that front soon. Hang tight!

Glad to hear some good news! Devs are working hard, that's the more important thing!
sr. member
Activity: 504
Merit: 251
Update on 'why no update on official blog.

From Galia @ Bancor
A challenging reality is that even our blog posts now need legal clearance, so everything (publicly facing) takes longer, though is in the best interest of the project. The good news is that the developers are unaffected and working around the clock on the main event, the products themselves, including easy buy/sell contracts, token changers UX, new website with smart contracts productized appropriately and better stats, and the end-user token/community creation app, as well as relevant APIs for partnerships. We understand the no news is bad news sentiment, which is why we're as active as possible here, and doing tons of outreach with reporters, at upcoming events, and in industry channels. We are also spending a lot of time working with upcoming token launch teams on integrating smart token functionality, and you can expect some exciting announcements on that front soon. Hang tight!
member
Activity: 128
Merit: 12
worst investment ive ever done, i hope it changes this downtrend soon..

Im on the same boat Angry Angry Angry
sr. member
Activity: 756
Merit: 251
worst investment ive ever done, i hope it changes this downtrend soon..
Have patience and when there will be a ready product the price for a token will please you Wink
sr. member
Activity: 392
Merit: 250
worst investment ive ever done, i hope it changes this downtrend soon..
full member
Activity: 490
Merit: 100
need more good news from Bancor ,the price should pump now
member
Activity: 64
Merit: 10
what is the next plan of  BANCOR?   just want more information about what dev team is doing ,  market need confidence from dev team
The detailed roadmap is here: https://trello.com/b/8SaOatUe/bancor-product-roadmap
The last completed task was on July 28: enabling buying and selling of tokens from the webapp interface (before it was done through the chatbot).
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