Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 336. (Read 375825 times)

Quote from: D3m0nKinGx on June 18, 2017, 04:45:24 AM

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Why wouldn't exchanges add BNT? I believe lots of exchanges are eager to add BNT.

What is the main goal of the BNT tokens ? To eliminate exchangers right ? So i think exchangers will be reluctant to add the coin

For sure.BNT will be worthless token...

Bancor will not. But sonm will be doing it to be a worthless token, just a terrible project.

Ha,SONM is +106%,and BNT -32,96% Bye bye BNT

lol no demo, no product, no escrow, unverified token, worst distribution, a lot of scandals, crap project. Roll Eyes

Trolls

can't wait to see them cry from their absolute ignorance and lack of research into this incredibly innovative smart token system

just as an example, explain how 10,000+ ppl that invested and received tokens, is a bad distribution Roll Eyes

No escrow is needed, because tokens were received instantly upon deposit to the smart contract.

I'll let you discover the rest on your own Wink

i refer to the sonm project and not bancor.

ty for clarifying, and to natalya's statement on price is based on an IOU token this is inaccurate as it's not trading of a live token yet until the smart contract activates tomorrow so BNT can actually begin to be transferred amongst users/wallets. Furthermore, BNT will begin at 100 BNT / 1 ETH when buying it from the contract, just as it was at ICO, this will be a steal and great flip for when exchange listing comes, even so it's not necessary to have an exchanger.

Lagduf

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Activity: 1162

Merit: 260

Quote from: Lagduf on June 18, 2017, 04:41:50 AM

Quote from: Lagduf on June 18, 2017, 04:41:50 AM

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Why wouldn't exchanges add BNT? I believe lots of exchanges are eager to add BNT.

What is the main goal of the BNT tokens ? To eliminate exchangers right ? So i think exchangers will be reluctant to add the coin

For sure.BNT will be worthless token...

Bancor will not. But sonm will be doing it to be a worthless token, just a terrible project.

Ha,SONM is +106%,and BNT -32,96% Bye bye BNT

lol no demo, no product, no escrow, unverified token, worst distribution, a lot of scandals, crap project. Roll Eyes

Trolls

can't wait to see them cry from their absolute ignorance and lack of research into this incredibly innovative smart token system

just as an example, explain how 10,000+ ppl that invested and received tokens, is a bad distribution Roll Eyes

No escrow is needed, because tokens were received instantly upon deposit to the smart contract.

I'll let you discover the rest on your own Wink

i refer to the sonm project and not bancor.

cleverhope

sr. member

Activity: 616

Merit: 252

When will BNC be distributed?

D3m0nKinGx

hero member

Activity: 1638

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The snake which cannot cast its skin has to die

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Why wouldn't exchanges add BNT? I believe lots of exchanges are eager to add BNT.

What is the main goal of the BNT tokens ? To eliminate exchangers right ? So i think exchangers will be reluctant to add the coin

For sure.BNT will be worthless token...

Bancor will not. But sonm will be doing it to be a worthless token, just a terrible project.

Ha,SONM is +106%,and BNT -32,96% Bye bye BNT

lol no demo, no product, no escrow, unverified token, worst distribution, a lot of scandals, crap project. Roll Eyes

Trolls

can't wait to see them cry from their absolute ignorance and lack of research into this incredibly innovative smart token system

just as an example, explain how 10,000+ ppl that invested and received tokens, is a bad distribution Roll Eyes

No escrow is needed, because tokens were received instantly upon deposit to the smart contract.

I'll let you discover the rest on your own Wink

Lagduf

sr. member

Activity: 1162

Merit: 260

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Why wouldn't exchanges add BNT? I believe lots of exchanges are eager to add BNT.

What is the main goal of the BNT tokens ? To eliminate exchangers right ? So i think exchangers will be reluctant to add the coin

For sure.BNT will be worthless token...

Bancor will not. But sonm will be doing it to be a worthless token, just a terrible project.

Ha,SONM is +106%,and BNT -32,96% Bye bye BNT

lol no demo, no product, no escrow, unverified token, worst distribution, a lot of scandals, crap project. Roll Eyes

Natalya

full member

Activity: 147

Merit: 100

Quote from: Dvd1989 on June 18, 2017, 03:30:40 AM

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Why wouldn't exchanges add BNT? I believe lots of exchanges are eager to add BNT.

What is the main goal of the BNT tokens ? To eliminate exchangers right ? So i think exchangers will be reluctant to add the coin

For sure.BNT will be worthless token...

Bancor will not. But sonm will be doing it to be a worthless token, just a terrible project.

Ha,SONM is +106%,and BNT -32,96% Bye bye BNT

Shahrul09

sr. member

Activity: 504

Merit: 251

When will it be known on what exchanges BNT will be released?

No infos on that to avoid speculation. But you will be able to buy BNT via smart contract when it goes live in the next days.

Exchanges can add any token/coin they want.
But Bancor is not actively pursuing relationships with them. (Means that they not really gonna request this exchanges to put BNT inside)

Whether the devs did request or not is not confirmed,they give no info regarding this to avoid speculation.

Dvd1989

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When will it be known on what exchanges BNT will be released?

Shahrul09

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Activity: 504

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Quote from: boopy265420 on June 18, 2017, 03:15:46 AM

Waiting for the start of distribution after what audit and review will be completed. I expect distribution will take place by the end of this month means in should be within next two weeks. It is a millions dollars project so they need to be sure of every little thing what matters. A quick increase of 2x to 4X is being awaited.

Are you sure you in the right forum?

boopy265420

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Waiting for the start of distribution after what audit and review will be completed. I expect distribution will take place by the end of this month means in should be within next two weeks. It is a millions dollars project so they need to be sure of every little thing what matters. A quick increase of 2x to 4X is being awaited.

paulmaritz

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Activity: 672

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Quote from: CryptoCoinGod on June 18, 2017, 03:07:44 AM

Hey All, just wanted to use this opportunity to say hello as my first post and thank the Bancor team for allowing me to participate in my very first ICO. I look forward to all the latest developments and announcements.

Im very excited to be able to use the Bancor protocol as well, as I have a few ideas for some ERC20 Tokens that I would like to create. Excited for the release tomorrow, hope Bancor delivers and proves all the FUD/FOMO posters who missed the ICO but now claim its a scam. Thanks again.

Welcome! We're glad to have you here.

CryptoCoinGod

newbie

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Hey All, just wanted to use this opportunity to say hello as my first post and thank the Bancor team for allowing me to participate in my very first ICO. I look forward to all the latest developments and announcements.

Im very excited to be able to use the Bancor protocol as well, as I have a few ideas for some ERC20 Tokens that I would like to create. Excited for the release tomorrow, hope Bancor delivers and proves all the FUD/FOMO posters who missed the ICO but now claim its a scam. Thanks again.

Shahrul09

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Activity: 504

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Quote from: ruletheworld on June 17, 2017, 07:56:40 PM

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Actually, a fair price of 1 BNT is 0.001 ETH, and once it hits exchanges, the market will bring it down there.

can you give us more ideea why we should wait and buy cheaper? i missed the ico ... and i need to buy bancor cheap .cheers

It is very simple: each BNT is backed by nothing but 0.001 ETH. This is how much it costs. The market will converge to this price.

How did you arrive at that number? 100 BNT were issued for every 1 ETH, with a reserve of 20%

Check fundraiser page

https://bancor.network/fundraiser

They sold ~40M BNT for 0.01 ETH each and also gave themselves about the same amount. 20% of raised ETH are held in reserve, which means that ~80M BNT is backer by ~80K ETH reserve, which makes a fair prise of 1 BNT to be around 0.001 ETH. A fair market will eventually reveal a fair price.

I just saw you delete your recent comment,

But if i follow your logic here. Lots of token Out there have no value whatsoeva because they didnt been backup by any fund given during the ico.

Many other tokens hold a high valuation without holding any reserve/s whatsoever.
That 20% of the contribution that goes to the reserve, is typically simply a part of the deployed capital. BNT uses it to set a liquidity pool (Reserve) - for the benefit of all holders. It is actually that simple.

paulmaritz

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Quote from: ruletheworld on June 17, 2017, 07:56:40 PM

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Actually, a fair price of 1 BNT is 0.001 ETH, and once it hits exchanges, the market will bring it down there.

can you give us more ideea why we should wait and buy cheaper? i missed the ico ... and i need to buy bancor cheap .cheers

It is very simple: each BNT is backed by nothing but 0.001 ETH. This is how much it costs. The market will converge to this price.

How did you arrive at that number? 100 BNT were issued for every 1 ETH, with a reserve of 20%

Check fundraiser page

https://bancor.network/fundraiser

They sold ~40M BNT for 0.01 ETH each and also gave themselves about the same amount. 20% of raised ETH are held in reserve, which means that ~80M BNT is backer by ~80K ETH reserve, which makes a fair prise of 1 BNT to be around 0.001 ETH. A fair market will eventually reveal a fair price.

So we should just completely discount the value Bancor might potentially bring to the table beyond the 0.01 ETH per BNT? I think not.

dz4505

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Quote from: ruletheworld on June 17, 2017, 07:56:40 PM

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Actually, a fair price of 1 BNT is 0.001 ETH, and once it hits exchanges, the market will bring it down there.

can you give us more ideea why we should wait and buy cheaper? i missed the ico ... and i need to buy bancor cheap .cheers

It is very simple: each BNT is backed by nothing but 0.001 ETH. This is how much it costs. The market will converge to this price.

How did you arrive at that number? 100 BNT were issued for every 1 ETH, with a reserve of 20%

Check fundraiser page

https://bancor.network/fundraiser

They sold ~40M BNT for 0.01 ETH each and also gave themselves about the same amount. 20% of raised ETH are held in reserve, which means that ~80M BNT is backer by ~80K ETH reserve, which makes a fair prise of 1 BNT to be around 0.001 ETH. A fair market will eventually reveal a fair price.

Good lucks getting it at that price Cheesy

.

Shahrul09

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Activity: 504

Merit: 251

Quote from: ruletheworld on June 17, 2017, 07:56:40 PM

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Actually, a fair price of 1 BNT is 0.001 ETH, and once it hits exchanges, the market will bring it down there.

can you give us more ideea why we should wait and buy cheaper? i missed the ico ... and i need to buy bancor cheap .cheers

It is very simple: each BNT is backed by nothing but 0.001 ETH. This is how much it costs. The market will converge to this price.

How did you arrive at that number? 100 BNT were issued for every 1 ETH, with a reserve of 20%

Check fundraiser page

https://bancor.network/fundraiser

They sold ~40M BNT for 0.01 ETH each and also gave themselves about the same amount. 20% of raised ETH are held in reserve, which means that ~80M BNT is backer by ~80K ETH reserve, which makes a fair prise of 1 BNT to be around 0.001 ETH. A fair market will eventually reveal a fair price.

Clearly you dont understand.
Goodluck getting at 0.001 eth.
Probably not gonna happen with buyback wall and everything. But just goodluck

D3m0nKinGx

hero member

Activity: 1638

Merit: 507

The snake which cannot cast its skin has to die

Quote from: ruletheworld on June 17, 2017, 07:56:40 PM

Quote from: ruletheworld on June 17, 2017, 07:56:40 PM

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Actually, a fair price of 1 BNT is 0.001 ETH, and once it hits exchanges, the market will bring it down there.

can you give us more ideea why we should wait and buy cheaper? i missed the ico ... and i need to buy bancor cheap .cheers

It is very simple: each BNT is backed by nothing but 0.001 ETH. This is how much it costs. The market will converge to this price.

How did you arrive at that number? 100 BNT were issued for every 1 ETH, with a reserve of 20%

Check fundraiser page

https://bancor.network/fundraiser

They sold ~40M BNT for 0.01 ETH each and also gave themselves about the same amount. 20% of raised ETH are held in reserve, which means that ~80M BNT is backer by ~80K ETH reserve, which makes a fair prise of 1 BNT to be around 0.001 ETH. A fair market will eventually reveal a fair price.

First of all it was 39M BNT at 0.01 ETH for every 100 BNT not 1, don't know how you got your numbers there. Secondly, you don't understand how the contract works:

https://medium.com/@stefan.pernar/hacking-the-bancor-protocol-for-fun-and-profit-6ddfb7f1cf56

read

yvv

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Activity: 1344

Merit: 1000

.

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Actually, a fair price of 1 BNT is 0.001 ETH, and once it hits exchanges, the market will bring it down there.

can you give us more ideea why we should wait and buy cheaper? i missed the ico ... and i need to buy bancor cheap .cheers

It is very simple: each BNT is backed by nothing but 0.001 ETH. This is how much it costs. The market will converge to this price.

How did you arrive at that number? 100 BNT were issued for every 1 ETH, with a reserve of 20%

Check fundraiser page

https://bancor.network/fundraiser

They sold ~40M BNT for 0.01 ETH each and also gave themselves about the same amount. 20% of raised ETH are held in reserve, which means that ~80M BNT is backer by ~80K ETH reserve, which makes a fair prise of 1 BNT to be around 0.001 ETH. A fair market will eventually reveal a fair price.

ruletheworld

legendary

Activity: 1386

Merit: 1045

Lol everyone eager to dump their BNT for profits. I see no exchange will add BNT. You guys will need to use the smart contract to liquidate your coins at 0.01 ETH

Actually, a fair price of 1 BNT is 0.001 ETH, and once it hits exchanges, the market will bring it down there.

can you give us more ideea why we should wait and buy cheaper? i missed the ico ... and i need to buy bancor cheap .cheers

It is very simple: each BNT is backed by nothing but 0.001 ETH. This is how much it costs. The market will converge to this price.

How did you arrive at that number? 100 BNT were issued for every 1 ETH, with a reserve of 20%

yvv

legendary

Activity: 1344

Merit: 1000

.