Bancor is literally unstoppable
Seriously why are none of you morons buying this?
>Fiat to eth gateway
>Volume is steadily increasing everyday
>ability to trade tokens inside your wallet
>eventually you’ll be able to trade tokens to any kind of asset (gold, dollars, stocks, etc)
>the team actually delivers and has a good business track record
Inb4 muh jews
This months gains
but i bought 5k the day before christmas eve, what's the fiat gateway you're talking about?
also do you know more about earning passive income from providing relayers with liquidity?
They've been kind of hush hush about the fiat thing. I guess they're still perfecting it. But here: newsbtc.com
I'm not sure about providing liquidity as a relayer. Something I still need to dig into.
But, 5k BNT is a nice stack. I've only got 1600. Want to get to 2500.
bump
>bancor
What worked once can work twice ... right?
It is the second worst performing ico ever, only topped by Confido. That is probably why, user.
That complete bullshit. Hundreds of ICOs don't even get funded.
They had a shitty ICO, and paid dearly for it. Since then, they've done nothing but deliver (and actually have delivered something pretty damn good). They've also been one of the best performers since dec.
Thats much more than most cryptos can say for themselves.
Zoom out to 3m, 6m, and 1 year.
Nice, I had some shitcoin money laying around and forgot about bancor, looks like a good entry
In case you actually believe this idiots ICO claim:
Bancor shills always show up during bull runs like clockwork. Your coin dumps harder than most in bear market and barely moves during bull rushes.
You can look up the other time periods yourself.
lmfao. you must not have been here last summer.
I bought the ICO. It sucked... But, if you actually look at what they've done since then, you might change your tune.
Call me back when it goes back to ICO price. A year later it is still -35% down, retard.
It is understandable though why nobody wants to buy a token whose only function is to serve as a means of exchange. For that you already have btc, and if you want utility tokens you'd rather buy coins that have their own function.
but, it is above ICO price...
In eth user. If all the people that put their eth there just kept it instead they would have gotten 35% more.
Kek
Bancor pumping itself with blood sats they got from destroying countless ICOs with their insiders trading
I've never understood that argument. I could say the same thing about putting your money in ETH vs XBY last year. Does that mean owning ETH was wrong?
Past performance doesn't mean shit. I realize there were better buys LAST YEAR. I'm talking about the future now...
Insider trading should be legal. Are you a communist?
Okay, let me put it like this. It's function is being a means of exchange, right? So since people just use it to swap one token into other, and since supply is unlimited and there is no scarcity, why exactly people would want to hold it? Even if you think it is a wonderful service, why not just use their exchange to swap the whatever tokens they want without holding bancor for more than 5 seconds? Literally 0 incentives to hold it, specially since it has performed worse than eth for the entirety of its history except for like 3 days at the beginning.
Because the supply only increases as the price increases.
To add to that, the more coins are added and traded, the more it will increase. In order to add your coin as a smart token you need to buy some BNT and basically stake it as liquidity. This raises the price more than the added supply lowers it.
i'd take chainlink shills over bancor shills anyday
anyone that unironically support a fucking kike coin with a female ceo is beyond delusional
>
>In order to add your coin as a smart token you need to buy some BNT and basically stake it as liquidity.
That's how they're manipulating the listed token's prices. Fuckers are up to the same tricks again.
not in ETH, moron.
Reminder that Bancor is literally designed to NOT be able to breakout versus ETH and ERC20 tokens.
Buying Bancor never, EVER will be better than buying Ether.
Clear sign of a paid shill. If the retards on an anime forum can figure this out why is he acting so stupid?
Care to give an example of this. I've honestly never heard anything about them manipulating token prices.
Are you saying their exchange with relatively minuscule volume is propping up token prices for tokens like EOS, TRX, ENJ, REQ, etc? These tokens have 10s to 100s of millions of $s of volume. Seems like a great arb opportunity to me. What would they have to gain from this?
This is false. Its designed to not be able to be manipulated as easily. Breakouts are fine... It was up 20% earlier today.
No one is buying your bags
tfw nobancs
Been acumulating since the ICO 60k here.
its not that they are manipulating individual prices per se. The entire Bancor Protocol is literally designed to manipulate prices from txn to txn.
The one's who actually feed orders into bancor (the arbitragers) are the ones who can be said to "manipulate" markets.
Look up the people associated with the core team. They're all central banker types.
Their code literally has backdoors to allow the developers to manually add or remove the liquidity if a token. There were articles published about it last year. Their excuse is that they can't rely on their own code to be fully autonomous so that's why the backdoors are built in.
Arguing in the form of memes is the sign of a low IQ individual. Its literally a sign of being incapable of agency and original thought.
If you care to have discourse, lets do it. But, just bitching about the jews is kind of lame.
LMAO
"it's designed to not be manipulated as easily"
I read that article too. Bancor claimed that since Bancor Network tokens react slowly to market volume they are more resistant to pump and dumps than other exchange pairs.
What a crock of shit. You're the paid shill, not me.
Hey, I made this one. :)
Butthurt shill
Lol so obvious. They couldn't meme their token into profitability so now they're super serious guys.
You're not explaining that very well. Could you be more specific. I don't see where the manipulation is.
Its true, their Keynesians. I normally don't like Keyneisan econ. But in this case the inflation happens at a provable and trackable rate (not some shady ((them)) working for an un-auditable central bank...
As for the back door, I agree it could cause for some concern. But from what i've seen they've been pretty upfront/nonshady and have my trust. They'd be shooting themselves in the foot to abuse that. It would kill the value of their token/service. Same reason linktards don't really need to fear a shadowfork. It would kill $100mm of value as everyone would sell their link.
I read the white paper... not some article.
Ok then Shill.
If you read the whitepaper, then can you please explain to me, and all of us, why the Bancor Protocol is designed to be manipulation resistant? You're the one who made the claim, not I.
PS. I hope you sell the BNT they are paying u as a bounty for the promotion. Sell it for ETH ASAP. That's what the management team at Bancor does. LMAO
SEX CRIMES ARE LITERALLY UNSTOPPABLE
>why the Bancor Protocol is designed to be manipulation resistant?
lol. its something they push as a feature but nobody wants it.
Look to Ignite Ratings. They delisted after someone that didn't understand price slippage dumped bags into a $100k relay. People scooped up the low IGNT and any time someone bought in the low buyers would dump it. They had no option but to leave.
Have an article? I believe you — you sound like you understand how token changers work.
I follow every coin to be added to Bancor waiting for one to get bought out of the network. Did this happen w any others?
I don't have an article but you can easily find conversations in the ignite telegram.
It has not happened with any others but ignite was one of a few I noticed released before the coins team knew. I believe INSTAR, BAXX and STAC listed before the respective teams said they would.
i'll check it out.
I didn't even consider whether any relays went live BEFORE the teams knew... lets unpack this for a second... are you saying that for INSTAR, BAXX, STAC, some whale created the relay and dumped their STAC, for example, into it, without the knowledge of the dev team?
If thats true for ANY of the Bancor Tokens (~65) then it is basically a way for whales to dump their erc20 token bags into a token relay and slowly exit w BNT to ETH.
It's almost beautiful.
Whales don't create relays. Right now the actual coins team does. They buy the BNT portion and have their half of the tokens. Bancor gives them the smart contract information to create the relay they can deposit the tokens into.
They create the relay and then Bancor lists the relay on their web app. Bancor decide when the listing appears.
If you do a bit of digging into the addresses used to create the relays that Bancor themselves create (ie Kyber), you can see which token will be added next.
just tell me what is the best way to profit off some bnt tokens i am currently holding
Dump and buy something people care about. Hold a moon bag just in case.
Are you sure that they buy the BNT portion?
Bancor specifically has budget set aside for seeding token changers and it is really unclear whether they have been using these funds or not.
I've done a little digging into Bancor's main wallets (ie the BNT ETH changer), but I'm not sure what wallets hold Bancor's ETH. I presume you are referring to the "Creator" address for the KyberBNT relay contract, for example. Do you look for anything besides new tokens being listed? I remember seeing KICKICO smart contract on EtherScan wayyyyy before it came out a week or so ago.
not selling them at loss. especially now bull is coming. fucking get just'ed by pbc
>Are you sure that they buy the BNT portion?
Yes. If it's not an existing coin like OMG or KNC then the other team buys both. That may change in the future though.
I honestly don't check anymore. There might be some money to be made in initial listing arbitrage but I can't be bothered.
I think the bull will treat other coins better but your choice.
Holding through a loss is a meme when there are other opportunities. There's always another pump to ride.
Not trying to grill you bro, but I've put alot of time into being a Bancor expert.
>If it's not an existing coin like OMG or KNC then the other team buys both
You realize like 95% of the tokens in the Network are existing projects? Only STX and KICK are "Smart Tokens" in the true sense of the term -- all the other relays are with existing projects, from Golem to MANA to WAVES.
Where do you think you heard this about OMG/KNC -- just their Telegrams as well? I guess I can check those wallets to find where the BNT came from. Thx user.
is not like i dropped in alot, 1k for the fun and i get just'ed by the pajeet pnd group. thanks user, i just sold most of it
send me an address i'll tip you something.
Or if you'd rather, we can mate our cryptokitties.
(((bancor)))
>Fiat to eth gateway
FIAT to shitcoin? Wow impressive !!
>ability to trade tokens inside your wallet
So basically EtherDelta 2.0, more ETH shittokens yay!
0xB71bca8B1c61C18314EAafFB07D69614BC5FAf59
shill me your moon coins ill buy some as well
lmao glad you sold the BNT champ, that bit of advice will pay you divvies.
Think about it -- every token on the Bancor Network can be bought for BNT. Yet BNT is a freaking shitcoin inside of the ETH system. To transact in BNT you call ETH transactions and pay gas. It's always gunna be better to own ETH, the higher layer coin, than BNT, the low lever network coin. Especially when BNT itself is just a fractional reserve, and if everyone rushed in to redeem for ETH, it'd collapse in a fiery bankrun. The convenience of using Bancor to transact is nothing compared to the risk you take just holding it.
is more like i get just'ed by Bitrexx, fucking dead exchange. i never own 1 bnt in 2017 and now i hold 50 of them, fml
>You realize like 95% of the tokens in the Network are existing projects?
Sorry, by existing I mean they aren't brand new projects with Bancor being their first exchange. For many tokens bancor is the first exchange. If a token announces that they are listing that means they paid for the BNT.
I'm sorry I'm really trying to understand what you wrote but I just cant.
It also occurs to me that the Bancor Shill has disappeared. Wasnt he going to tell us about how bancor is not manipulatable?
you have to channel your inner autist to understand my shit at this hour. night user
noice. now go make some gainz
shill me some legit coins
To verify this check the contract creation on the relay. You will see that where the BNT comes from.
here is the defunded ignite ratings relay etherscan.io
>Seriously why are none of you morons buying this?
Strong sell signal
If you search through the ignite ratings telegram there is definitely a message from him stating that they bought the BNT to provide the initial liquidity. Or you could ask him.
*from Damon one of the CEOs
wait Bancor really is unstoppable? I thought that was just a meme. I'll buy 100k just to be safe.
thanks palm beach
i dont buy anything that jews produce.
kys faggot
i was thinking of investing until i saw someone shilling it on biz
fucking shills go away
Do not buy BNT but that is not a good reason not to buy something. One shill thread means nothing. It's the post pump threads and when there's multiple threads hitting post limits you need to watch out for.