Two days ago I emailed the BANCOR team asking if the ICO would be avaible for the USA. I just heard back from them. Here is what they said:
"Unfortunately, the current token allocation is not available for US Citizens. As such, our pre-token allocation agent, Bitcoin Suisse, can also not work with US Citizens.
During the token allocation event itself (it was just recently announced for June 12th, 10am GMT), we can't really know who is sending ETH to the contract, but we clearly state in the terms that US Citizens are not allowed to participate due to regulatory uncertainty.
Thank you so much for you support and positive feedback.
Regards,
Team Bancor"
>During the token allocation event itself (it was just recently announced for June 12th, 10am GMT), we can't really know who is sending ETH to the contract,
This is the same shit you say at a hacker con before presenting something that could be used for illegal purposes. "Oh course, this is just for demonstration and educational purposes only and we do not condone illegal acts."
BANCOR USA IS GO! Get ready, goys.
Brandon Torres
Uncapped sale going to be bigger than BAT and turn it shitcoin
Jayden Diaz
It's not uncapped. They just had the cap hidden to prevent another BAT.
Alexander Myers
Kikecor i k e c o r
Luke James
wrong. 1st hour is completely uncapped
Benjamin Cox
wrong friendo
>Duration: The fundraiser will run for 14 days or until the hidden cap is reached, with a 1 hour minimum time.
not only are you paying a 100% premium (50% of BNT will be issued to the contributors in the fundraiser) but you'll also be buying at market value
Jayden Harris
Read their blogpost. It's uncapped for ONE HOUR. After one hour is passed if it reaches the hidden cap or more it stops, if not - continues
Jacob Smith
Yeah, first hour is uncapped, which pretty much means no cap. Pretty nervous about this too.
Andrew Phillips
(((bancscam)))
Jackson Bennett
join bancornetwork.slack.com
everyone is talking shit about the terms so they might change them if theres enough backlash
I'd rather roll the dice and try to get in with a low cap than basically pay retail
John Wilson
GET IN HERE, WE PAID FOR THIS SHIT, DON'T LET THEM SCAM US
Blake Torres
We're going to be fucking rich.
Jonathan Jackson
kill yourself you fucking day trader ICO dumping nigger. nobody fucking wants you buying in. not the devs, not the investors, fucking nobody. go cry about not being able to fuck everyone over.
p.s. suck my circumsized dick
Joshua Wright
Are you guys suggesting to invest in this coin, I'm a new fag, and I was reading that the total volume in some days were 0, that means that nobody invested in that coin in each 24 hours cycle?
Isaac Evans
>bancornetwork.slack.com
Don't let them rip us off! demand they put back the cap on the ICO
Matthew Taylor
fuck off you mongrel, no cap means every investor will lose money when it hits exchanges and drops BELOW ico price
Bentley Ross
>"d-don't let them rip us off! let ME rip you off by d-dumping immediately!" shut the fuck up with your shit-brown ID you fucking pajeet faggot scammer.
read my ID you fucking bitch.
"Out"
Adrian Allen
They're not going to change shit. People are fucking retarded and still would throw all their money at them.
You can even find bunch of morons on there who think uncapped ICO is a great idea and actually bought into this whole "make it fair and protect from whales" shit.
I guess this morons don't realize the higher the cap during the ICO more risk investors take and smaller returns on investment they receive (if any at all).
More like a loss on investment, when you have to baghold this shitcoin for 8 months just to see the final product and get a small ROI, compared to what you could've gotten if you just held bitcoin or eth
Justin Lee
Fuck all you BAT whale wanna be cucks who want a cap. If you like the idea hold long term. This ico is going to make noise
Jaxon Rodriguez
ONE HOUR NO CAP 10 BAJILLION ZIMBABWE BANCOR TOKENS CAN BE YOURS FOR JUST 1 ETH +1.5% AND 100 SWISSBUCKS
Brody Gray
And here we go, another dumbass willing to lose money and help devs to buy lambos read this
Daniel Kelly
Bullshit Im sending ETH anyways
Ryder Roberts
get out of Veeky Forums for once and stop talking about "lambos" and day trading. i doubt your retarded ass even read the whitepaper.
Zachary Allen
When you say ICO price you mean is the lower price it can get, Sorry I'm a new fag recently into it, where can i buy some of them?
Jack Long
What exactly do these ICOs mean when they say "regulatory uncertainty"? Is it "illegal" for Americans to participate in ICOs, or is it "illegal" for them to distribute to Americans?
Camden Garcia
Both, because in America regular joes aren't allowed to invest in startups.
Chase Perry
Bancor dev /out/, they have memes on there facebook, they have successfuly scammed Veeky Forums
Isaac Morgan
I didn't say anything about day trading, you retard. I read the whitepaper, I know what this bancor shit is about. Well, go and fucking make those kikes rich with your money then. But don't cry later when you're selling your bags for half the price you bought them
Isaac Murphy
It means jack shit. Im an American and bought an ICO that said explicitly no Americans.
Lincoln Walker
the only reason you could attack the hidden cap is if you want to dump. that's it. shove it up your ass quick dollar dump faggot.
Sebastian Johnson
they said there's a HARD LIMIT, FOR EVERYONE BUYING IN.
then AFTER people had bought in, they announced an UNCAPPED sale
Ryder Edwards
oh god, what a fucking idiot. Please buy into their ico. I really want you to lose all you have and kill yourself
Blake Jackson
>buying a kikecoin
I'll pass.
Ethan Fisher
one hour uncapped is fine, you idiots. if you don't do this, whales are just gonna looteverything in 1 min by paying monster fees to cut the line.
Andrew Long
both of you don't deserve to own any. i can't wait until summer is over and you new faggots have to go back to school.
Brody Gutierrez
I bet you're that sockpuppet retard on their slack channel. Off yourself.
Ethan Edwards
you can keep replying, but i'll just reply telling you what an obvious FUD retard you are.
Evan Myers
they could reach a 500 million in that hour. you are then investing in a company that immediately values themselves at 500 million. waves, the #10 coin right now, is currently at $565,526,000 and sells for $5.66 . For 1 eth you get 100 bancor so the price of one bancor is $2.48...the risk here is real for meager, if any profits, and little headroom for future rises, and due to it being an hour long and literally everyone buying it there will be an increased risk of panic sells and hard crashes. in this instance it's safer to wait for it to hit the exchange and then decide.
Alexander Morgan
time for jail user
Justin Richardson
Whoa now buddy, that's crossing the line.
Aaron Torres
Forgot my image
Also, in regards to the market cap, if you think about it from Bancor's perspective, they obviously want the coin to have plenty of room to grow. If they set the "hidden market cap" too low to where it is mass volume right off the get go, the coin would stagnate and die.
Rather, my guess is they've already chosen a percentage for the "hidden market cap" and will set it based on how the ICO and pre-ICO goes. Some low percentage, like 5% or 10% max.
James Stewart
what does the hidden market cap even matter if it's uncapped for a whole hour? they could exceed it by 1000% in that time.
Luis Hall
enough shilling bitch
Jason Ross
don't explain man. buy from them later. If at all...
Lucas Cruz
Good thing I waited for the ico announcement. I was even thinking of getting in the pre-ico with the fees. But with unlimited 1h cap there's no need, though also I'm going to invest only a 10% of what I originally planned because the roi will be much lower.