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Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 314. (Read 375825 times)

hero member
Activity: 539
Merit: 500
hero member
Activity: 539
Merit: 500
Have seen on last pages people was disappointed with price,and some people are blaming developers,what they don`t support market price...
Developers have nothing to do with price  regulation,they give you product,what you did pay for.If they will try to hold price in situation,where people are dumping,it will be like throwing money in toilet and wash away the water.
If people are dumping,let them dump.There are many noobs and panic sellers,week hands,profit takers...If they want to sell-let them do it.When price will hit the bottom,then is right moment to support market price.
full member
Activity: 238
Merit: 100
Co founder & CMO SocialX
Hardly their fault that too many dumb people gave them too much money. The project have absolutely zero responsibility for their own market price.

Yes, it's not their fault but I expected whales to hold the price for at least ICO price. Isn't that weird? Maybe they do that for purpose, they hold coin price under the ICO so bounty hunters will sell their coins cheaper. I don't know but it's not looking good for investors eyes.

Whales with their fuders are trying to push price of every coin down after ico,to get more cheap coins.If project is really worth it,there will be lot of blood in this thread

The whales know how people think and with their vast resources they are able to manipulate the market. So either the whales have some agenda here or this project is really no good & we are all bagholders. Who knows?

seems they wanna take down the buy wall to scare ppl out, whales don't like making others richer, they shake ppl out before pumping so they can dump on those that will then fomo on the pump, this is why it's best to just hodl and exit at the top.  altho it would be easy for them to wipe out the ETH reserve on the contract, would almost be kind of interesting what would happen.

Agreed with you that is strategy of big players to shake out people with fake dump for short time of period at the moment this market is looking under pressure almost majority of the small investors getting out. Soon that situation will come when this pump will start and than they will sell at big prices.

Exactly what always happend and will happen.
legendary
Activity: 1890
Merit: 1085
Degenerate Crypto Gambler
Most people don't even know about the price posted at Bancor's site, they just see the price sinking at Bittrex and they panic and sell asap, and everybody else sees that and think that Bancor may not be a good project when people is dumping tokens like crazy, and that hurts this project's image, which is not good for the team nor for investors.



The ico was overvalued thats why price is sinking and not growing. The team thinks only about themselves. Then why the cap was so large ? Profit greed

Its safe bro. Vitalik will bail everyone out if there is a lack of profit  Wink
sr. member
Activity: 672
Merit: 274
Most people don't even know about the price posted at Bancor's site, they just see the price sinking at Bittrex and they panic and sell asap, and everybody else sees that and think that Bancor may not be a good project when people is dumping tokens like crazy, and that hurts this project's image, which is not good for the team nor for investors.



The ico was overvalued thats why price is sinking and not growing. The team thinks only about themselves. Then why the cap was so large ? Profit greed

Stop spreading FUD! The price is higher than the ICO price of 0.01 ETH.
legendary
Activity: 1260
Merit: 1001
Hardly their fault that too many dumb people gave them too much money. The project have absolutely zero responsibility for their own market price.

Yes, it's not their fault but I expected whales to hold the price for at least ICO price. Isn't that weird? Maybe they do that for purpose, they hold coin price under the ICO so bounty hunters will sell their coins cheaper. I don't know but it's not looking good for investors eyes.

Whales with their fuders are trying to push price of every coin down after ico,to get more cheap coins.If project is really worth it,there will be lot of blood in this thread

The whales know how people think and with their vast resources they are able to manipulate the market. So either the whales have some agenda here or this project is really no good & we are all bagholders. Who knows?

seems they wanna take down the buy wall to scare ppl out, whales don't like making others richer, they shake ppl out before pumping so they can dump on those that will then fomo on the pump, this is why it's best to just hodl and exit at the top.  altho it would be easy for them to wipe out the ETH reserve on the contract, would almost be kind of interesting what would happen.

Agreed with you that is strategy of big players to shake out people with fake dump for short time of period at the moment this market is looking under pressure almost majority of the small investors getting out. Soon that situation will come when this pump will start and than they will sell at big prices.
sr. member
Activity: 896
Merit: 251
Although a decline has been recorded in the price of BNT but still it is very good to invest. It didn't react according to expectations of people by getting 2x-5x from it immediately after start trading. It went against the trend but it will be back again after new investors and new positions will be done. It is accumulation and preparing for big jump.
full member
Activity: 238
Merit: 100
Co founder & CMO SocialX
Name me ONE COIN that had never a PUMP.

Thanks.
sr. member
Activity: 672
Merit: 274
I thought ico price was 0.01? its still higher than ico price right? and it has a buyback reserve at ico price, so its pretty safe. Plus the more coins that use it as a reserve the higher its price will be, give it time.

correct me if i am wrong.

No, it was 0.14 BTC for 100 BNT because ETH was 0.14 BTC back then.
And 1 ETH = 100 BNT is ICO price. It's under the ICO price now.

You might be personally under water on the back of a bad BTC to ETH exchange rate, but the current price of BNT is not under the ICO price of 0.01 ETH.
hero member
Activity: 1638
Merit: 507
The snake which cannot cast its skin has to die
Hardly their fault that too many dumb people gave them too much money. The project have absolutely zero responsibility for their own market price.

Yes, it's not their fault but I expected whales to hold the price for at least ICO price. Isn't that weird? Maybe they do that for purpose, they hold coin price under the ICO so bounty hunters will sell their coins cheaper. I don't know but it's not looking good for investors eyes.

Whales with their fuders are trying to push price of every coin down after ico,to get more cheap coins.If project is really worth it,there will be lot of blood in this thread

The whales know how people think and with their vast resources they are able to manipulate the market. So either the whales have some agenda here or this project is really no good & we are all bagholders. Who knows?

seems they wanna take down the buy wall to scare ppl out, whales don't like making others richer, they shake ppl out before pumping so they can dump on those that will then fomo on the pump, this is why it's best to just hodl and exit at the top.  altho it would be easy for them to wipe out the ETH reserve on the contract, would almost be kind of interesting what would happen.
full member
Activity: 308
Merit: 100
Hardly their fault that too many dumb people gave them too much money. The project have absolutely zero responsibility for their own market price.

Yes, it's not their fault but I expected whales to hold the price for at least ICO price. Isn't that weird? Maybe they do that for purpose, they hold coin price under the ICO so bounty hunters will sell their coins cheaper. I don't know but it's not looking good for investors eyes.

Whales with their fuders are trying to push price of every coin down after ico,to get more cheap coins.If project is really worth it,there will be lot of blood in this thread

The whales know how people think and with their vast resources they are able to manipulate the market. So either the whales have some agenda here or this project is really no good & we are all bagholders. Who knows?
hero member
Activity: 539
Merit: 500
Hardly their fault that too many dumb people gave them too much money. The project have absolutely zero responsibility for their own market price.

Yes, it's not their fault but I expected whales to hold the price for at least ICO price. Isn't that weird? Maybe they do that for purpose, they hold coin price under the ICO so bounty hunters will sell their coins cheaper. I don't know but it's not looking good for investors eyes.

Whales with their fuders are trying to push price of every coin down after ico,to get more cheap coins.If project is really worth it,there will be lot of blood in this thread
full member
Activity: 308
Merit: 100
Huge dump on Bancor. I bought at ICO but already in a loss now. It's sad to see a dump after this type of big ICO. They raised 120 million dollars but they can't even hold ICO value in exchange.

Hardly their fault that too many dumb people gave them too much money. The project have absolutely zero responsibility for their own market price.
Nice answer! That's it, lately several people with little knowledge has been participating in the ICO with the possibility of converting FIAT in the desired token directly, many do not know how to use the wallets, anyway, it's a great time to buy BANCOR. Smiley

When they decided to extend the ICO time by another 3 hours, they practically killed any chances of a good price at launch. There are huge sell walls in place, there is no place for the price to go but down.

However the project is solid, the devs are competent and committed. They have given great rebuttals to all doubters so far. It makes sense to hodl.
sr. member
Activity: 504
Merit: 251
Most people don't even know about the price posted at Bancor's site, they just see the price sinking at Bittrex and they panic and sell asap, and everybody else sees that and think that Bancor may not be a good project when people is dumping tokens like crazy, and that hurts this project's image, which is not good for the team nor for investors.



The ico was overvalued thats why price is sinking and not growing. The team thinks only about themselves. Then why the cap was so large ? Profit greed
Lol i laugh. You can go out now. Still above ico interm of eth. And keep your eth
sr. member
Activity: 588
Merit: 250
Crypto is Life!
Most people don't even know about the price posted at Bancor's site, they just see the price sinking at Bittrex and they panic and sell asap, and everybody else sees that and think that Bancor may not be a good project when people is dumping tokens like crazy, and that hurts this project's image, which is not good for the team nor for investors.



The ico was overvalued thats why price is sinking and not growing. The team thinks only about themselves. Then why the cap was so large ? Profit greed
legendary
Activity: 1890
Merit: 1085
Degenerate Crypto Gambler
sr. member
Activity: 347
Merit: 250
Activity: 2017
I must say majority of posts are for speculation thread, i do not have informations does such exists. I'm just trying to find best entry point, and i hope it will go little lower  Wink.  By the way projekt looks massive, amount of invested money makes this very attractive.
sr. member
Activity: 448
Merit: 250
Most people don't even know about the price posted at Bancor's site, they just see the price sinking at Bittrex and they panic and sell asap, and everybody else sees that and think that Bancor may not be a good project when people is dumping tokens like crazy, and that hurts this project's image, which is not good for the team nor for investors.

legendary
Activity: 1176
Merit: 1017
No, the price was 0.01eth and the price on exchanges are over 0.011. Either way you can always sell your bnt to the ether contract and recover 0.01eth/BNT. The price ref was eth not bitcoin not dollar.

Bancor is traded against BTC. when you open Bittrex you see BTC/BNT which is 0.00130. That's under ICO price.
ETH/BTC was 0.14 at that time. Now if you want to buy Bancor you can pay 0.001 BTC cheaper and get it. BTC is all that matters for me.

They have benchmarked Bancor against ETH. So if ETH keeps going down against BTC, naturally Bancor will fall too. Yes, compared to BTC, we are below ICO price now.
There's really no one answer to what Bancor price should be benchmarked against. This is a similar conundrum with many ETH-based token sales of late. It seems many investors are longer-time ETH holders, so the alternative to their ICO investments is just to hold on to ETH. On the other hand, many exchanges base prices on BTC, so that's a pretty good reference. Finally, many view prices in USD terms especially when talking about amounts raised, market cap, etc. So you have these three benchmarks - ETH, BTC, and USD. Each investor should determine his/her own benchmark as the best use of funds in the absence of this investment, i.e. if you hadn't invested in Bancor, in what currency would your money be in?

Yup...if eth rises so does BNT if we're measuring it against the dollar.  Right now ether is down against both the dollar and bitcoin, compared to what it was earlier in the month.  So, if you believe in bancor, then now is the time to buy because we're getting a bargain if we're using USD as the benchmark.
legendary
Activity: 1386
Merit: 1045
No, the price was 0.01eth and the price on exchanges are over 0.011. Either way you can always sell your bnt to the ether contract and recover 0.01eth/BNT. The price ref was eth not bitcoin not dollar.

Bancor is traded against BTC. when you open Bittrex you see BTC/BNT which is 0.00130. That's under ICO price.
ETH/BTC was 0.14 at that time. Now if you want to buy Bancor you can pay 0.001 BTC cheaper and get it. BTC is all that matters for me.

They have benchmarked Bancor against ETH. So if ETH keeps going down against BTC, naturally Bancor will fall too. Yes, compared to BTC, we are below ICO price now.
There's really no one answer to what Bancor price should be benchmarked against. This is a similar conundrum with many ETH-based token sales of late. It seems many investors are longer-time ETH holders, so the alternative to their ICO investments is just to hold on to ETH. On the other hand, many exchanges base prices on BTC, so that's a pretty good reference. Finally, many view prices in USD terms especially when talking about amounts raised, market cap, etc. So you have these three benchmarks - ETH, BTC, and USD. Each investor should determine his/her own benchmark as the best use of funds in the absence of this investment, i.e. if you hadn't invested in Bancor, in what currency would your money be in?
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