>we’ve decided to allow a short, “minimum time”—1 hour—during which all contributions will be accepted regardless of the cap. After the first hour, the fundraiser will have a hidden cap that will be revealed only if the collected ETH reaches 80% of the limit. If funds collected in the first hour reach or exceed the cap, the fundraiser will end immediately thereafter.
I honestly don't know why people think this is important, if the tokens are divisible. It makes no practical difference.
Is it a psychological thing?
Ryder Davis
THIS is HUGEEEEEE for us poorlads. Rejoice!
Angel Lee
so do I have to wait for it hit exchanges to buy with btc? If so when will they hit exchanges?
Nicholas Gonzalez
yes, it is. people expect a token with smaller value to double,tripple etc quicker than tokens with higher prices.
Nathan Lopez
this fucking sucks for non-poorfags who bought in through BTC suisse.
God fucking dammit.
Elijah Thompson
IT SILL DOESN'T SAY IF THE USA CAN PARTICIPATE
REEEEEEEEEEEEEEEEEEEEEEEEEE
Asher Cook
By my reading of it if the first hours worth of funds - measured AFTER that hour - hit their limit then they end the fundraising
That first hour looks to accept all contributions regardless of the cap (which is an anti whale mechanism and desirable)
Good look
Also, the vesting period inspires confidence
>still hyped
Julian Rodriguez
Also, how exactly would having a 1-hour period open free-for-all ensure that 4 whales aren't getting 99% of the tokens? It's not like poorfags with their 1 ETH buy-ins will get a sizeable piece of the pie
If anything, this will get a bunch of weak hands on deck for a big dump when it hit the exchanges.
>Yes salty because I bought from BTCSAG
Wyatt Hill
So how would I purchase it? I send my ether to where and how would I get Bancor in return?
Ethan Ward
idiot, if you would have listened to the devs saying bat won't happen and the BTC Suisse is basically for nocoiner noobs you wouldn't be fucked
Ryder Bailey
That's fucking retarded desu.
Liam Thompson
Well, rumors had it that they wanted to enable everybody to participate. Also, why would you sign up through BTC Suisse when you didn't know the details of the actual ICO. So yeah
Oliver Edwards
Better something than nothing. If this shit syphons cryptos to make a bank you can expect it to reach levels of ROI far higher than stratis. Stratis=x1000 since ico
Landon Brown
Yeah no, do you know how much Stratis raised? Bancor's extremely hyped up and will be *uncapped* for 1h.
Christian Morales
If its uncapped for 1 hour do we still need to give id and our first born daughters virginity to participate. I want to avoid the mountain jews at bitcoin suisse
Kevin Diaz
Thank you, first IPO for me. Been reading up on it, can you recommend a decent source to read on how this will all work out? US citizen here and sounds like we get fucked from what the posts are saying.
I want to moon mission my family into the future with this one.
Easton Long
because they specifically mentioned there would be a hard cap...
now they've basically turned it into a fully-fledged uncapped ICO. there is no way in hell they don't exceed their "hard cap" within the first hour.
Hunter Kelly
Would like to know this as well
They might allow it since Bancor is US-based
Luis Gomez
Only the finest Jewish Tricks from this ICO.....BAT should have done this
Hudson Kelly
brainlet here. so does this mean im gonna get rich or no if I go through with my payment to credit suisse?
Daniel Long
so from what I understand, you can send eth to the bancor adress from myetherwallet and get paid in bancor coin?
Samuel Jones
oops meant for
Evan Howard
>myetherwallet
kek
Gabriel Sanders
It basically means you won't have the same overnight 10x that BAT basically had.
Personally I still think it's a good investment, but you should be prepared to hold for a few weeks at least.
Logan Williams
THIS COIN HAS SO MUCH TRICKERY THIS EARLY
WHAT IS GOING ON
Justin Ramirez
With jews you lose.
Bentley Long
Read the link OP posted. That just went up 20 mins ago. As it says, more details will be released a few days before the event. Those are the only details we have now. Here is their twitter, which they posted the crowdfund link on just now:
I strongly encourage user to spam them with "will USA be able to participate?" replies for a faster response to calm user's sweaty hands.
I'm gonna go big personally and put 50% of my portfolio in on this ICO...if USA actually can participate, that is.
Nolan Robinson
Is it really (((uncapped))) or does it have a hard limit, what is the hard limit ?
Why are they being so shadowy already
Ethan Lewis
?
Adrian Ortiz
same here. going half in if I can get on the ICO. Signed up for emails but haven't gotten shit
Jack Turner
No, you can just send the ETH like in a normal ICO. There's no reason to go through mountain jews now unless you're a normie pleb with filthy fiat.
Just send your ETH to the contract address, they won't ask for your ID. Who gives a shit.
It's uncapped so the upside is diminished. Don't expect insane gains after exchange listings.
Yes it is uncapped for an hour. Said pretty clearly in the OP and their post.
Christopher Carter
This is going to sell out in seconds.
How do we make sure we can get some? And can Americans participate?
Brody Robinson
>dealing with jews
Why do u even have to ask?
Brayden Davis
It is uncapped for 1 hour with a hidden market cap. After that the ICO will end when cap hits that hidden sum. It might exceed the set market cap during the first hour though, but they don't care about that - therefore uncapped.
So this will hit 1 billion market cap right from the start?
Alexander Morales
Can you people not read?
Hudson Davis
so if im not gonna get my lamborghini then why bother. might as well go back into stratis and ark
Anthony Gonzalez
yes but the first hour in unlimited
so technically they could hit 1 billion in 1 hour considering this is the most hyped ICO ever
Adrian Reed
Just answer the question
Do I need to make some kind of Bancor wallet or what?
Lincoln Nguyen
Thank god those Bitcoin Suisse kikes didn't get back at me yet.
Gonna cancel that shit real quick
David Wood
fucking mountain jews
Hudson Price
That's only 1 million ETH.
Yeah they're gonna fucking hit that in 1 hour easily.
Dominic Long
They are genuinely going to ruin there own token ?
.......................................................................................................................................................................sigh these greedy devs are just sad
Aiden Price
makes me scared of buying in
if it already starts with a huge MC there's not even that much room for growth
Robert Howard
Probably not a billion but yes there's a chance it'll start off with a very significant marketcap.
Worth noting that only 50% of the BNT is even for sale so it'll start off at [$ raised] * 2.
You people shouldn't even be participating if this is so difficult.
Anthony Carter
Same here...i was going to send mETH to those filthy mountain jews but now I will keep it and spend it all on (((Bancor)))
Hunter Lee
can I get a quick rundown on bancor?
Adam Murphy
DO I NEED TO MAKE A BANCOR WALLET OR WHAT
WHERE DOES IT GO WHEN I BUY IT?
Samuel Harris
ETH based tokens can be hodld in an etherum wallet like myetherwallet.com/
You send ETH and they send you the token
Carter Cruz
No, use an exchange.
Nolan Harris
Seriously if you can not figure this out you should just stop and go buy index funds or something. It's an ERC20 token on Ethereum. You get the BNT back to the address you the ETH was sent from.
Thanks for making me worried about this bubble again. Definitely still the early-adopter phase am I right haha guys?
Juan Martinez
FUCKING BULLSHIT. Everyone who invests now will not make a lot. These fucks will get at least 300 million, probably a lot more since BAT got over 30 million in 15 seconds and this one is even more hyped.
So annoyed since this one has so much potential.
Alexander Morgan
Of course it will make the gains smaller. I'm fine with that because it means at least I'll be able to get in as much as I want.
I also think this will scare whales off who expected big gains like that and now see it as a risk.
But I'm glad the team is doing this because it makes me think they're competent and I actually think it's a great solution.
Elijah Nelson
I'm so fucking happy because fuck you whales and people chasing 20x gains in an hour.
If you believe in it buy in and hold for 2 years. This will keep idiots away from the token.
Also buying into BAT as soon as it hit exchanges has net me 7x return already so you people are idiots.
Ryan Lopez
At least we can laugh at the potential Bancor could have had
BAT is another destined to fail, (((greedy))) devs and Whales make a great combo for a coin!
Brandon Bennett
>devs taking unlimited money from the public is a great solution to stopping greed from ruining a company before it's even developed
Benjamin Long
WE NEED TO KNOW IF AMERICANS CAN PARTICIPATE THAT'S LIKE 90% OF THIS BOARD
Carson Reyes
I think the whales are going to employ a new strategy - slam the address with tons of small deposits for the 1st hour making it hard for others to get in. Reveal the hidden cap if not hit yet, then max it out.
Leo Stewart
There's NO cap for the first hour, which makes it pointless, like Tezos and BAT
Just GREED
Gabriel Collins
I doubt BAT is going to go under 2000 sats again now so buying in was still a great decision. Yes newfags, let the panic overtake you and don't buy in at all. It means more for me.
You idiots haven't got a clue what you're talking about.
Luis Murphy
Again you STUPID FUCK.
I bought BAT as soon as it hit exchanges and made 7x since then. Not pointless you idiots are just too whiny about the ICO to not get in.
Jaxon Sanders
Just because Whales haven't dropped some BAT yet and they probably wont for months, doesn't mean you're not retarded
David Carter
whale have large, but limited, resources, an uncapped hour should dissuaded whales from dumping as much capital into the ICO as the post-ICO pump will be muted as a greater percentage of buyers will have been vested already
Mason Torres
>I doubt BAT is going to go under 2000 sats again now so buying in was still a great decision. HAHAHAAHAHAHHAHAHAHAHAHHAHHAHHAHAHAHAHAHHAHAHHAHARHHAHAHHHAHAAHHAHAHAHHAHA
Carter Cook
>he doesn't know almost all the coins he buys are held by a few people and BAT's demographic is actually the norm
Kayden Peterson
You're a literal brainlet, I'm sorry you can't understand finance or crypto. Please enjoy your short term gains
>N.B: Due to the regulatory landscape in the United States, we unfortunately do not offer our services to US clients at the moment.
We're fucked
Jackson Carter
user, I don't understand this whole uncapped thing I put in 2 BTC thru buttcoinSuisse Why is this bad for us? Can't we just contribute via the general crowdfunding when it opens also?
Ayden Hall
In all honesty, can't whales just make a million wallets to make a million purchases and congest the network for an hour? We all know they used bots for BAT...
Jonathan Barnes
what if you have a vpn?
Nathaniel Fisher
this is why i might go with the Jew bitcoinsuisse option
Charles Thomas
>better the whales who dumped 50 ETH on gas get the capital than the devs of the project
Nicholas Watson
there is no way they'll not let american in. they had fucking presentations in the USA
Gavin Cox
You need to scan your ID and proof of residence
Evan James
Those are mountain jews though
We need a statement from the actual Bancor project
Ayden Rogers
500 mil market cap? Even X10 looks very hard for this.
Ryder Barnes
It's "only" bad because you will probably be able to buy that presold amount at the ICO during the uncapped hour without all the fees. Also, it will not go 6x like BAT when it hits exchanges, as a LOT more people got in during the ICO as opposed to the 30sec whale domination ICO of BAT
Owen Harris
You need ID scans, bills, photographs, signed documents and a $100 fee
[email protected] , I have entered via bitcoin and will enter on your behalf for a $50-100 fee depending on amount you are investing
wallet: 1NcmtraRWyQ6o2a2JKpf9Nh5dLbkscWmba pic related
Gavin Anderson
Nigga u read the OP?? everyone gets in for 1 hour
Liam Sullivan
>Making 7x gains in a day is losing lol
Xavier Bennett
Have the put out a BNT wallet generation tool yet? I didn't see one on their site.
Jaxon Perry
>Mfw golem gets brass relased on 11th by pure luck. >Mfw i can finally sell half of it and put it on bancor.
Charles Sanchez
i'm sorry, did you cash out? if not, you didn't make anything. get ready to get your ass dumped on polo. i'll buy your 20% ICO bags.
Justin Thomas
shit now I understand Fuck those Bancorksuckers
John Brooks
>did you cash out. Yes, brainlet.
Evan Smith
I don't think that'd be feasible. You'd just raise the gas price enough to get in within a reasonable timeframe.
Mason Powell
just use vpn during the ethereum crowdsale, niggers. I doubt there would even be a need for that though, just press a button that you're not a us resident and you're good.
David Ramirez
when will the rest of the tokens be released?
Parker Stewart
It did have a cap and it did not reach 75 million.
Zachary Price
how's their ROI looking since then?
Alexander Kelly
>brainlet >buys as soon as something is put onto the exchange when 200 whales own it you don't know what that term means
and every single post ITT you say you have made 7x "since then" and "already" leading me to believe you're lying because you don't want to show how stupid you are by holding BAT right now.
Evan Young
>(((UNCAPPED))) REEEEEEEEEEEEE
Unsure whether to see if btc suisse approve my documents, there's no way I'll be able to buy during the ICO.