Bravo to the guys. Great news on Slack. Good reserve.
"The token will be released after the token sale however it will be a few more weeks until we release the Bancor protocol functionality and it will become intrinsically tradeable. This is a new breed of smart contracts and we've taken the time to secure three independent audits. 2 from heads of security at Ethereum Foundation and one from the entire smart contract team at Consensys"
Topic: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem - page 435. (Read 375671 times)
May 30, 2017, 01:37:50 PM
May 30, 2017, 12:27:34 PM
The token sale is delayed. As has been announced for some time, it will NOT be today on May 30th. We are waiting for the third and final round of contract audits from our new partner, Consensys, before starting the token sale.
We anticipate it will take place in June. Token sale terms will be released shortly. The token sale date will be announced as soon as possible. Thank you.
Recent news:
- Bancor FAQ: https://[Suspicious link removed]/SIVaHK
- Presale available at Bitcoin Suisse: http://bitcoinsuisse.com/bancor
- We just published our product roadmap (using Trello). I would be happy to get your feedback and thoughts. https://[Suspicious link removed]/YlccdI (edited)
We anticipate it will take place in June. Token sale terms will be released shortly. The token sale date will be announced as soon as possible. Thank you.
Recent news:
- Bancor FAQ: https://[Suspicious link removed]/SIVaHK
- Presale available at Bitcoin Suisse: http://bitcoinsuisse.com/bancor
- We just published our product roadmap (using Trello). I would be happy to get your feedback and thoughts. https://[Suspicious link removed]/YlccdI (edited)
These best be the cheapest ICO tokens I ever saw, jesus you lot are wasting hella time
Also, why did I have to upload and sign documents for this ICO, seems to defeat the purpose
Wow. What makes you so entitled? If I was running an ICO I wouldn't want you as an investor. You sound like a pain in the ass to deal with.
It sounds like they're trying to run a clean ICO, and that involves a delay to get everything sorted out. That's life. If you want something to throw money at now, there are plenty of scams that will gladly take your money with zero delay.
May 30, 2017, 11:39:26 AM
I saw announcement that BANCOR partnership with status. how this going to impact ICO now?
May 30, 2017, 11:19:45 AM
The token sale is delayed. As has been announced for some time, it will NOT be today on May 30th. We are waiting for the third and final round of contract audits from our new partner, Consensys, before starting the token sale.
We anticipate it will take place in June. Token sale terms will be released shortly. The token sale date will be announced as soon as possible. Thank you.
Recent news:
- Bancor FAQ: https://[Suspicious link removed]/SIVaHK
- Presale available at Bitcoin Suisse: http://bitcoinsuisse.com/bancor
- We just published our product roadmap (using Trello). I would be happy to get your feedback and thoughts. https://[Suspicious link removed]/YlccdI (edited)
We anticipate it will take place in June. Token sale terms will be released shortly. The token sale date will be announced as soon as possible. Thank you.
Recent news:
- Bancor FAQ: https://[Suspicious link removed]/SIVaHK
- Presale available at Bitcoin Suisse: http://bitcoinsuisse.com/bancor
- We just published our product roadmap (using Trello). I would be happy to get your feedback and thoughts. https://[Suspicious link removed]/YlccdI (edited)
These best be the cheapest ICO tokens I ever saw, jesus you lot are wasting hella time
Also, why did I have to upload and sign documents for this ICO, seems to defeat the purpose
May 30, 2017, 11:07:48 AM
AMA (Ask Me Anything) with Bancor.Network starts in around 1 hour (9 am PT). Join ARK Slack to participate!
https://ark.io/slack/
May 30, 2017, 10:30:02 AM
The token sale is delayed. As has been announced for some time, it will NOT be today on May 30th. We are waiting for the third and final round of contract audits from our new partner, Consensys, before starting the token sale.
We anticipate it will take place in June. Token sale terms will be released shortly. The token sale date will be announced as soon as possible. Thank you.
Recent news:
- Bancor FAQ: https://[Suspicious link removed]/SIVaHK
- Presale available at Bitcoin Suisse: http://bitcoinsuisse.com/bancor
- We just published our product roadmap (using Trello). I would be happy to get your feedback and thoughts. https://[Suspicious link removed]/YlccdI (edited)
We anticipate it will take place in June. Token sale terms will be released shortly. The token sale date will be announced as soon as possible. Thank you.
Recent news:
- Bancor FAQ: https://[Suspicious link removed]/SIVaHK
- Presale available at Bitcoin Suisse: http://bitcoinsuisse.com/bancor
- We just published our product roadmap (using Trello). I would be happy to get your feedback and thoughts. https://[Suspicious link removed]/YlccdI (edited)
May 30, 2017, 10:29:27 AM
Quote
Does the Bancor protocol price discovery mechanism add to the price
volatility, compared to crypto-exchanges?
On the contrary. By holding a reserve balance which preserves a constant ratio to the
market-cap, the price volatility of smart tokens is not subject to the current market depth
since the reserve functions as a predictable and controlled alternative to the traditional
order book which normally provides market depth. We’ve seen that regular exchanges
generally hold around 1% market depth, meaning that any smart token with a CRR above
1% could be relatively more
volatility, compared to crypto-exchanges?
On the contrary. By holding a reserve balance which preserves a constant ratio to the
market-cap, the price volatility of smart tokens is not subject to the current market depth
since the reserve functions as a predictable and controlled alternative to the traditional
order book which normally provides market depth. We’ve seen that regular exchanges
generally hold around 1% market depth, meaning that any smart token with a CRR above
1% could be relatively more
This is total BS! According to your own formula, at 1% fractional reserve, changing supply by 1% will change the price by 150%. Is not this volatile??? Yeah right, the formula for price change is deterministic, but a trade is a random event, and any function of random event is a random variable. With low fractional reserve your tokens are going to be as volatile as any low volume tokens on exchanges.
Okay, what would happen if, say, someone bought 1% of the supply of Bitcoin? That would be a ~$370 Million USD purchase.
I imagine that too would change the BTC price in a volatile way. Any 1% purchase/liquidation of any currency would.
Exactly. Then what's a point in your token if it is not any different?
Edit: and by the way, $300M is about a daily trade volume for bitcoin, and it does not change bitcont price by 150%. Your token is actually not going to be like bitcoin, with low fractional reserve it is going to be same as those illiquid and highly volatile tokens out there.
May 30, 2017, 10:01:40 AM
Just an idea: why don't you use other ERC20 tokens (like WINGS) for the crowdfunding, so you will have diversified tokens that you could use as a reserve for BANCOR network token?
May 30, 2017, 09:59:03 AM
Ask me anything:
1. When will ico start?
2. when will you release the ico details?
3. When will ico start?
4. When will ico start?
5. When will ico start?
6. When will ico start?
7. When will ico start?
8. when will you release the ico details?
9. when will you release the ico details?
10. when will you release the ico details?
11. when will you release the ico details?
12. when will you release the ico details?
13. can we participate with eth?
14. can we participate with btc?
15. when will you release the ico details?
16. when will you release the ico details?
17. when will you release the ico details?
.
.
.
1. When will ico start?
2. when will you release the ico details?
3. When will ico start?
4. When will ico start?
5. When will ico start?
6. When will ico start?
7. When will ico start?
8. when will you release the ico details?
9. when will you release the ico details?
10. when will you release the ico details?
11. when will you release the ico details?
12. when will you release the ico details?
13. can we participate with eth?
14. can we participate with btc?
15. when will you release the ico details?
16. when will you release the ico details?
17. when will you release the ico details?
.
.
.
May 30, 2017, 09:51:37 AM
AMA (Ask Me Anything) with Bancor.Network starts in ~9 hours (9 am PT). Join ARK Slack to participate!
https://ark.io/slack/
anybody on ARK slack to forward answers here?
May 30, 2017, 09:20:35 AM
But, more importantly, I haven't a clue on how to join in on the crowd sale. Are there any specifics or demands I have to meet in order for me to invest during the crowd sale?
I am currently using Exodus. Can I participate with Exodus?
Would be happy if anyone can give me some pointers.
I'm just a few weeks older to you in the cryptoworld - let me answer this till a more senior member gives a more qualified response.I am currently using Exodus. Can I participate with Exodus?
Would be happy if anyone can give me some pointers.
1. Participating in an ICO merely involves transferring some cryptocurrency (mostly Bitcoin/Ethereum) to a specified address. You should be able to do this in Exodus. The ICO folks have a way to keep track of who invested with what amount (to that end, they may make you create a unique ICO account). They give you an amount of ICO cryptocurrency depending on your share of the total amount received by them (some ICOs have a cap on investment, while some are open).
2. Please make sure you do a lot of reading about the project. This site, ICO reviews on Youtube, discussions on Steemit, reddit; are a good starting point. Unfortunately, there is a lot of 'meaningless ranting/currency-bashing', but there are surely gems of advice hidden between them.
3. Bear in mind that altcoins are receiving a lot of new attention and everyone is looking to make a fortune. Please make sure you don't get carried away and invest with whatever you can afford to lose. If you've been following the action in the recent weeks, the price-action in cryptos is very volatile.
Hope you end up supporting some good ideas & end up rich too
Excellent answer.
Only thing to include from the team is that we'll be publishing a detailed how-to on the blog before the ICO.
Thanks! Will the how-to also include which platforms can be used to participate in the ICO. For instance Exodus?
May 30, 2017, 07:51:01 AM
A lot of happening in physical world and team is very actively participating in different summits and gatherings to let others know about the upcoming crowdfunding and also forming lot of partnerships. All this wait worth as team is doing all those thing before the launch of sale of tokens what usually are seen after in other cases. I am fine to keep waiting and supporting the project.
May 30, 2017, 07:40:23 AM
They need to give 15 days advance notice or 1 week before .
Seriously, there are still conflicting reports about whether or not it'll be today. And if it's today, how much time will there be to even read the terms. That would not leave a good first impression.
May 30, 2017, 07:38:33 AM
They need to give 15 days advance notice or 1 week before .
May 30, 2017, 07:34:43 AM
I don't understand why the ICO date is still unknown, at least give the people a hint, a week, 2 weeks, <10days.
as i know, the ICO date is 30th may (i read this a lot of times). So it will be today i think. I don't think ICO will start today because if they were to start today they would definitely have given us update on twitter or slack.
May 30, 2017, 06:48:32 AM
I don't understand why the ICO date is still unknown, at least give the people a hint, a week, 2 weeks, <10days.
as i know, the ICO date is 30th may (i read this a lot of times). So it will be today i think. 
May 30, 2017, 06:43:16 AM
I don't understand why the ICO date is still unknown, at least give the people a hint, a week, 2 weeks, <10days.
May 30, 2017, 06:23:10 AM
you can explain detail youre coin
i can't get anything information youre coin in this thread
how much total suply
how much premine
tipe coin and more
i can't get anything information youre coin in this thread
how much total suply
how much premine
tipe coin and more
This is a very promising ICO offered by Bancor Network. I think everybody should participate in the Bounty program for earning some free coin and wait a little to take part in the crowd sale. The crowd sale is going to begin soon. https://bancor.network/bounty#
May 30, 2017, 05:20:58 AM
I'm a swissguy, is there any benefit of investing via Bitcoin Suisse rather than your main crowdsale which has not started yet?
The main purpose of Bitcoin Suisse is that it lets you invest with fiat. If you're investing with crypto, then you'll want the ICO.
I see pre-sale is active on Bitcoin Suisse so it's okay to buy now from that site even no details announced for ICO and what is the hard cap for this crowdsale. I believe Bancor will be mega project and this is golden chance for early birds to pick this token right now.
May 30, 2017, 05:04:38 AM
I'm a swissguy, is there any benefit of investing via Bitcoin Suisse rather than your main crowdsale which has not started yet?
The main purpose of Bitcoin Suisse is that it lets you invest with fiat. If you're investing with crypto, then you'll want the ICO.
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