Author

Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 332. (Read 375825 times)

newbie
Activity: 16
Merit: 0
Many people have the opinion that this is a scam, a bubble. What are the opinions on this?
newbie
Activity: 21
Merit: 0
Interested to hear the respond from the team regarding the recent articles. I know they're busy the investors first which is the way it should be.
What articles do you mean?

"Bancor Is Flawed"

http://hackingdistributed.com/2017/06/19/bancor-is-flawed/

Don't dismiss this as FUD.  The author Emin Gün Sirer from the Cornell CompSci Dept is the same guy that first identified problems in The DAO.

https://blog.blockstack.org/gaming-the-dao-prof-emin-gün-sirers-cornell-talk-d0b78099d0d5



Curious to hear some answers to these alligations
interesting read
legendary
Activity: 1540
Merit: 1002
Can anyone tell me terms of exchange BNCZUK to BNT?

After token distribution event they will update about bounty program how to exchange these token into BNT. Have patience at the moment the team is busy to provide the best solution and very stable network for this token launch.
sr. member
Activity: 616
Merit: 252
Interested to hear the respond from the team regarding the recent articles. I know they're busy the investors first which is the way it should be.
What articles do you mean?

"Bancor Is Flawed"

http://hackingdistributed.com/2017/06/19/bancor-is-flawed/

Don't dismiss this as FUD.  The author Emin Gün Sirer from the Cornell CompSci Dept is the same guy that first identified problems in The DAO.

https://blog.blockstack.org/gaming-the-dao-prof-emin-gün-sirers-cornell-talk-d0b78099d0d5



Curious to hear some answers to these alligations
legendary
Activity: 938
Merit: 1000
Interested to hear the respond from the team regarding the recent articles. I know they're busy the investors first which is the way it should be.
What articles do you mean?

"Bancor Is Flawed"

http://hackingdistributed.com/2017/06/19/bancor-is-flawed/

Don't dismiss this as FUD.  The author Emin Gün Sirer from the Cornell CompSci Dept is the same guy that first identified problems in The DAO.

https://blog.blockstack.org/gaming-the-dao-prof-emin-gün-sirers-cornell-talk-d0b78099d0d5

sr. member
Activity: 504
Merit: 251
When can we remove our signature? the campaign has ended for sometime now and I have not seen any official news concerning the bounty program from the team
Just remove it, has been confirmed by manager
sr. member
Activity: 504
Merit: 251
Interested to hear the respond from the team regarding the recent articles. I know they're busy the investors first which is the way it should be.

Here the early respond from the team, and they working on the answer to debunk the fud and criticism.

'He does not appear interested in cooperating. He never reached out to us and we are readily available. His interest appears to be in marketing his own brand by out of nowhere releasing inaccurate information about Bancor 48 hours before the crowd funding and another round of FUD now with no communication with the team. His manipulative use of Vitalik's name is shameful. We will respond to all his points. His predictions won't age well.'



And they put up "Vitalik is my bro" at the end of article.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
When can we remove our signature? the campaign has ended for sometime now and I have not seen any official news concerning the bounty program from the team
sr. member
Activity: 616
Merit: 252
Interested to hear the respond from the team regarding the recent articles. I know they're busy the investors first which is the way it should be.

What articles do you mean?
full member
Activity: 231
Merit: 100
Interested to hear the respond from the team regarding the recent articles. I know they're busy the investors first which is the way it should be.
full member
Activity: 334
Merit: 102
Can anyone tell me terms of exchange BNCZUK to BNT?
hero member
Activity: 896
Merit: 500
Any devs here that can answer on my sign in issue on messenger. Pleasee. Thanks
sr. member
Activity: 616
Merit: 252
sr. member
Activity: 616
Merit: 252
Will I be able to buy BNT via Poloniex after the tokens have been released?
I think yes. Polo like big coins like Bancor, GNO and others. But if no - you can find BNT at liqui and Bittrex. This exchanges will lest BNT firstly.
sr. member
Activity: 616
Merit: 252
Will I be able to buy BNT via Poloniex after the tokens have been released?
sr. member
Activity: 742
Merit: 257
And we go again.
i have problem with log in at app.Bancor.network/discover.
There was an internal error, please try again!  - when i try to log in with telegram bot. How can i fix it?
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

Great decision! We don't want BANCOR to be the next DAO.

Exactly. Better safe than sorry.
its really hard but its good rather than to fail for the future of this coin project, decision needs to be done and taking it for the
benefits of both the project and investors is a must, lets wait for more updates coming from the dev,
sr. member
Activity: 504
Merit: 251
How does the activation affect us anyway? It will allow trading against ETH at a fixed rate of 100:1, guaranteeing a price floor, but other than that - not much if I understand correctly.

Where did you read fix rate?

I think it can go up, but hard to go down?


exactly for 2 years they guaranteeing a price floor of 1 BNT = 0.01 ETH. but it depends were you want to sell... by smart contracts or on exchanges. the price will be higher because will be big demand and use.... but can go down aswell if some bugs or issues appears.
check https://blog.bancor.network/
Woo. They have a limited fund (120k eth) for the buy back at 0.01 when its available. Not for fully 2 years.

When the fund run out, it can go down below ico within the 2 year period.


AFAIK they will buy back their own platform where members will get opportunity to exchange these tokens to other listed tokens and with ETH too. Maybe I missed to read that information can you share the link of info?
have decided to allocate any proceeds collected in the minimum hour which exceed the hidden cap as follows:
20% will be allocated to the BNT Ether Reserve, to further improve the liquidity of BNT, which increases stability while reducing conversion costs (price slippage) for all.
80% will be locked for two years in a smart contract that will buy back BNT for 0.01 ETH (the initial price) whenever it is available, according to its calculated price. The purchased BNT will be added to the Foundation’s long-term budget, and after a 2-year period, any remaining ETH will be allocated pro-rata according to the “Use of Proceeds” chart in our Token Creation Terms.



https://blog.bancor.network/the-community-of-the-currency-9770087fde17
legendary
Activity: 1554
Merit: 1001
How does the activation affect us anyway? It will allow trading against ETH at a fixed rate of 100:1, guaranteeing a price floor, but other than that - not much if I understand correctly.

Where did you read fix rate?

I think it can go up, but hard to go down?


exactly for 2 years they guaranteeing a price floor of 1 BNT = 0.01 ETH. but it depends were you want to sell... by smart contracts or on exchanges. the price will be higher because will be big demand and use.... but can go down aswell if some bugs or issues appears.
check https://blog.bancor.network/
Woo. They have a limited fund (120k eth) for the buy back at 0.01 when its available. Not for fully 2 years.

When the fund run out, it can go down below ico within the 2 year period.


AFAIK they will buy back their own platform where members will get opportunity to exchange these tokens to other listed tokens and with ETH too. Maybe I missed to read that information can you share the link of info?
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