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Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 298. (Read 375744 times)

hero member
Activity: 560
Merit: 500
... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

I think that you guys might be hitting on one of the biggest benefits and not even stating the fact.  You mention that the buy and sell prices will will match and things like, based on the tokens price controls, but people miss a big thing.  One of the hardest things to getting public acceptance of Bitcoin is the constant and furious value changes.

There may not be a $50 pop everyday, but there is a high amount of flucation and that can make it hard on people to use.  A $1000 paycheck that is deposited into your Bitcoin account at one price index can become $1100 or $900 by the time that the wallet holder gets to the store to spend the Bitcoins.

Since confirmations take time, people have to plan on a public purchase ahead if they do not have Bitcoins in their spending wallet and the amount can have changed a good amount by the time they drive to the store.
 
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

I think that you guys might be hitting on one of the biggest benefits and not even stating the fact.  You mention that the buy and sell prices will will match and things like, based on the tokens price controls, but people miss a big thing.  One of the hardest things to getting public acceptance of Bitcoin is the constant and furious value changes.

There may not be a $50 pop everyday, but there is a high amount of flucation and that can make it hard on people to use.  A $1000 paycheck that is deposited into your Bitcoin account at one price index can become $1100 or $900 by the time that the wallet holder gets to the store to spend the Bitcoins.
sr. member
Activity: 1015
Merit: 289
... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

I think that you guys might be hitting on one of the biggest benefits and not even stating the fact.  You mention that the buy and sell prices will will match and things like, based on the tokens price controls, but people miss a big thing.  One of the hardest things to getting public acceptance of Bitcoin is the constant and furious value changes.

I completely agree. Cryptoccurrencies are now handled as assets for speculation only. Bancor may help smoothing speculation, reducing volatility and developing all Cryptoccurrencies towards what they are supposed to be: real money.
sr. member
Activity: 415
Merit: 250
... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.

I think that you guys might be hitting on one of the biggest benefits and not even stating the fact.  You mention that the buy and sell prices will will match and things like, based on the tokens price controls, but people miss a big thing.  One of the hardest things to getting public acceptance of Bitcoin is the constant and furious value changes.
sr. member
Activity: 1078
Merit: 354
... for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.

Agreed. Bancor can only be good for the crypto economy.

At first I thought it looked like a great idea, then as I understood it a bit more I began to have reservations, but as my understanding continued to develop I began to see the full potential. For me at least it was a bit of a challenge to understand it properly, but after considerable reading (and re-reading!) I'm now convinced that it's a great prospect.
sr. member
Activity: 604
Merit: 252
Is it true that the rewards can be moved next week? When will we be able to offer liquidity to currencies? In fact, Bancor does not need exchange, because it's absolute! Right?
hero member
Activity: 671
Merit: 505
Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

You mean without the whales' influence? Invaluable for whom? Only the fucking whales profit from these walls.

Whales are part of the market and since you can't beat them, it's better to join them right? I would rather be riding the waves with them than getting crushed under their weight.

Quite short-sighted statement of yours. BNT is about any exchange, not just the crypto.
full member
Activity: 308
Merit: 100
Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

You mean without the whales' influence? Invaluable for whom? Only the fucking whales profit from these walls.

Whales are part of the market and since you can't beat them, it's better to join them right? I would rather be riding the waves with them than getting crushed under their weight.
sr. member
Activity: 1148
Merit: 307

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

Buy and sell walls can appear and disappear any second and spoil any strategy based on them. In fact I'm pretty sure it's the big whales who set them just to manipulate the market.

Do forex traders use order books?

https://www.bancor.network/BNT

There is next generation exchange available for on this platform than why still people are looking for other exchanges.

Because they like to gamble. I had abandoned the crypto world (big mistake BTW, I'd be now rich if I hadn't) a few months months after having discovered it in 2014 just because it was little more than a giant casino of gamblers and cheaters, which I didn't like. Pump& dumps schemes, fake walls, in time I've learnt on my skin all the dirty tricks whales use in exchanges. People who like to play and/or to gamble still prefer exchanges (I'm now having some fun in exchanges myself, BTW), but for serious investing Bancor's new paradigm is a game changer. Once it'll be adopted, expect more and more big serious players enter the game and send the whole crypto economy to the moon.
member
Activity: 112
Merit: 10
I have a feeling that in the coming years that no project in Top 25 will have less than $1 billion dollar valuation,  this is where Bancor will derived most of its vale because it is a Federal reserve for most of this tokens. The idea indeed seems abstract to most people 

I agree. The implications of Bancor are mind-boggling, and most people's mind cannot grasp such a magnitude of change. If I'm right, we all early adopters will be very very happy at some point.
same here

Major game changer here, hodling every token I got from this ICO, one of my best investments in crypto x)

And why is that? I have a nice amount of BNT from the ICO as well, but it is the worst performing token I have ever had. I has done nothing but following ETH downward.
What is the "major game changer" aspect which I probably missed?

If you search for a "get quickly rich"-token, search elsewhere.
hero member
Activity: 671
Merit: 505
Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

You mean without the whales' influence? Invaluable for whom? Only the fucking whales profit from these walls.
full member
Activity: 308
Merit: 105

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

Buy and sell walls can appear and disappear any second and spoil any strategy based on them. In fact I'm pretty sure it's the big whales who set them just to manipulate the market.

Do forex traders use order books?

https://www.bancor.network/BNT

There is next generation exchange available for on this platform than why still people are looking for other exchanges.
because its very hard and not useful. i am sure it will be more easy in the future.
legendary
Activity: 952
Merit: 1001
When will the bounty coins be distributed?

You can ask the bounty campaign manager on their bounty app. She will give you answers to questions related to bounties.

I asked this question a few days ago - still no answer

Spam is your kind of person
asked and not to see the answer,but also talk about the bounty manager did not answer?  Angry

Yes you are never wrong? Is it strange that I did not see this answer?
And your answer is as pitiful as you are
legendary
Activity: 1918
Merit: 1003

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

Buy and sell walls can appear and disappear any second and spoil any strategy based on them. In fact I'm pretty sure it's the big whales who set them just to manipulate the market.

Do forex traders use order books?

https://www.bancor.network/BNT

There is next generation exchange available for on this platform than why still people are looking for other exchanges.
legendary
Activity: 1212
Merit: 1037

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.

Buy and sell walls can appear and disappear any second and spoil any strategy based on them. In fact I'm pretty sure it's the big whales who set them just to manipulate the market.

Do forex traders use order books?
full member
Activity: 308
Merit: 100
I have a feeling that in the coming years that no project in Top 25 will have less than $1 billion dollar valuation,  this is where Bancor will derived most of its vale because it is a Federal reserve for most of this tokens. The idea indeed seems abstract to most people  

I agree. The implications of Bancor are mind-boggling, and most people's mind cannot grasp such a magnitude of change. If I'm right, we all early adopters will be very very happy at some point.
same here

Major game changer here, hodling every token I got from this ICO, one of my best investments in crypto x)

And why is that? I have a nice amount of BNT from the ICO as well, but it is the worst performing token I have ever had. I has done nothing but following ETH downward.
What is the "major game changer" aspect which I probably missed?

We no longer are dependant on major exchanges, in order to trade tokens, that's huge, plus there's no liquidity problem and it's the first token that when the supply increases the value increases, and is backed by reserves. The price has performed better than expected it's over what I paid for at ICO, i can't complain Smiley

While Bancor is all fine and dandy, I don't think it's a replacement for a full fledged Exchange. We need order books and the ability to trade and Bancor has none of that. At best Bancor can fill the role of ShapeShift and is ideal for people who need instant liquidity. We will a need platform like Waves to fully replace centralized Exchanges.

Why are order books necessary? IMO they are worthless because you don't have any information about the money out of the book ready to jump in.

Trading will be possible when a decent UI is developed, and there it should be possible to set entry and exit points, use charts, indicators, etc.

Without the order book, how in the world are you supposed to know where the big buy and sell walls are and at what depth your limit order is placed? The order book is invaluable for traders.
legendary
Activity: 1212
Merit: 1037
I have a feeling that in the coming years that no project in Top 25 will have less than $1 billion dollar valuation,  this is where Bancor will derived most of its vale because it is a Federal reserve for most of this tokens. The idea indeed seems abstract to most people  

I agree. The implications of Bancor are mind-boggling, and most people's mind cannot grasp such a magnitude of change. If I'm right, we all early adopters will be very very happy at some point.
same here

Major game changer here, hodling every token I got from this ICO, one of my best investments in crypto x)

And why is that? I have a nice amount of BNT from the ICO as well, but it is the worst performing token I have ever had. I has done nothing but following ETH downward.
What is the "major game changer" aspect which I probably missed?

We no longer are dependant on major exchanges, in order to trade tokens, that's huge, plus there's no liquidity problem and it's the first token that when the supply increases the value increases, and is backed by reserves. The price has performed better than expected it's over what I paid for at ICO, i can't complain Smiley

While Bancor is all fine and dandy, I don't think it's a replacement for a full fledged Exchange. We need order books and the ability to trade and Bancor has none of that. At best Bancor can fill the role of ShapeShift and is ideal for people who need instant liquidity. We will a need platform like Waves to fully replace centralized Exchanges.

Why are order books necessary? IMO they are worthless because you don't have any information about the money out of the book ready to jump in.

Trading will be possible when a decent UI is developed, and there it should be possible to set entry and exit points, use charts, indicators, etc.
full member
Activity: 210
Merit: 100
When will the bounty coins be distributed?

You can ask the bounty campaign manager on their bounty app. She will give you answers to questions related to bounties.

I asked this question a few days ago - still no answer


Spam is your kind of person
asked and not to see the answer,but also talk about the bounty manager did not answer?  Angry
full member
Activity: 308
Merit: 100
I have a feeling that in the coming years that no project in Top 25 will have less than $1 billion dollar valuation,  this is where Bancor will derived most of its vale because it is a Federal reserve for most of this tokens. The idea indeed seems abstract to most people 

I agree. The implications of Bancor are mind-boggling, and most people's mind cannot grasp such a magnitude of change. If I'm right, we all early adopters will be very very happy at some point.
same here

Major game changer here, hodling every token I got from this ICO, one of my best investments in crypto x)

And why is that? I have a nice amount of BNT from the ICO as well, but it is the worst performing token I have ever had. I has done nothing but following ETH downward.
What is the "major game changer" aspect which I probably missed?

We no longer are dependant on major exchanges, in order to trade tokens, that's huge, plus there's no liquidity problem and it's the first token that when the supply increases the value increases, and is backed by reserves. The price has performed better than expected it's over what I paid for at ICO, i can't complain Smiley

While Bancor is all fine and dandy, I don't think it's a replacement for a full fledged Exchange. We need order books and the ability to trade and Bancor has none of that. At best Bancor can fill the role of ShapeShift and is ideal for people who need instant liquidity. We will a need platform like Waves to fully replace centralized Exchanges.
sr. member
Activity: 1015
Merit: 289
I have a feeling that in the coming years that no project in Top 25 will have less than $1 billion dollar valuation,  this is where Bancor will derived most of its vale because it is a Federal reserve for most of this tokens. The idea indeed seems abstract to most people  

I agree. The implications of Bancor are mind-boggling, and most people's mind cannot grasp such a magnitude of change. If I'm right, we all early adopters will be very very happy at some point.
same here

Major game changer here, hodling every token I got from this ICO, one of my best investments in crypto x)

And why is that? I have a nice amount of BNT from the ICO as well, but it is the worst performing token I have ever had. I has done nothing but following ETH downward.
What is the "major game changer" aspect which I probably missed?

You should at least do some research before you put your money into something, dont expect people to spoonfeed you daily. And read. Read at least few pages of this bitcointalk.
Or go to their telegram.

The devs before ico start said
'This is not a fundraiser for quick-flip investors wanting to get in and make a quick profit. That is not the goal of the protocol, the foundation, the team, the product or the project. '

Ofcourse it wont make a short term x2,x5 like you moon kids/flipper hope.



This is one of the most visionary projects around, as anyone having read the white paper would now. Of course, at the moment it's still just a project or a little more, the only working tool is their smart contract - and it works. But most of the functionalities will emerge only once the apps will be built and people, communities  and institutions will start to use it. Value will grow dramatically once it'll become a standard. Of course, nobody has the crystal ball to guarantee that everything will be fine. But IF it will, THEN it'll be a game changer. On this we bet.
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