SHE WILL NOT MAKE YOU RICH
The ICO can't deliver great profits like STRAT because its too hyped. The key to get rich is to invest in things that are out of the radar, THIS ISN'T.
We must look for projects that aren't overcrowded and have substance, a task increasingly harder as more people come into the space....
icocountdown.com
okay, which one?
We know she fucked us, tezos could have been good but they have unlimited tezos and unlimited interest
lel
coins are fucked lads
this is not a fucking overnight pnd coin.
if you understand the scope of this project you will buy it, hodl a year or however long it takes before you can retire.
it's that fucking easy ffs.
stop trying to help them
I can't tell if all these FUD threads are just people trying to keep others out of the ICO (for their own benefit) or if they're actually stupid enough to miss out on the most legit project of 2017...
Why is this a long term investment again?
does it have a limited supply?
is it decentralized?
why would the token go up over time?
also, what is this?
twitter.com
Honestly you might as well buy into eth rather than bancor
>is it decentralized
lol
>i cant say why this jew trick will go up
Lies, Galia strong, also cute.
Buy posw it went off the grid but its coming back to be better than coinbase
ok I'll bite.
big issue in crypto, especially for small/specialised tokens is liquidity. bancor solves that. bancor is like the wordpress of crypto. if you want to make some super specific type of currency you can code it yourself, but if you're a non-autist who wants to create a token (to do anything from act like an ETF, to serve as your company shares, loyalty points etc) that has liquidity from day 1 you will use Bancor.
BNT directly increases in value with every fucking shitcoin people create on it and it directly increases in value when ETH goes up. with 80% of the excess funds guaranteeing buybacks at ICO price for the next 2 years, shoving some ETH into this is a fucking no brainer.
make no mention of the partnerships they have already announced (wings, aragon, the fucking architect of the euro), and the ones that are bound to make in the coming weeks.
no you won't make an overnight 10x with the uncapped ICO, but more funds=more liquidity=better chance of success for the product.
ok maybe the 10k people that want in on Bancor will all be able to get in tomorrow. who gives a fuck. this is one of the few coins that has the potential to appeal to a maaaassive audience, not just crypto-nerds jerking off in their moms basements.
>inb4 "bancor devs shilling on Veeky Forums"
>inb4 "you deserve in an oven"
She may not make me rich but she's making me erect
Who is this boner condoner?
dude she looks like Christian Bale
Can you explain how this is different from waves?
Niggercoin was very easy to make.
waves has no answer to the liquidity problem.
Also I believe bancor has plans (just rumors for now) to integrate with the Waves blockchain soon, and others later as well.
She is so goddamn beautiful.
holy shit she's too hot. I HAVE TO BUY BANCOR, I CANNOT RESIST HER
DARCRUS. Recently got investment from a venture capitalist firm. Price jumped from 30 cents to 50 cents. Very undervalued.
Creativecoin
Lmao @ any cuck defending this ico
>devs are known scammers
>main code consists of 20 lines
>main dev thinks web stack counts as code too
>only web developer on the project
>didn't solve liquidity problem
>jews
Will it go up? Sure people are throwing their money at anything
Is it legit? Hell nah
Exchanges serve the same purpose of liquidity; We don't need centralization with BANCOR we have BTC serving the same purpose as a mediator currency that backs all alts. Also, creating a currency is not that difficult and I don't expect people to be making shit coins for every business like a loyalty point system because that defeats the whole purpose.
>with 80% of the excess funds guaranteeing buybacks at ICO price
So no need to invest in the ICO, better wait to see if they fucked up, and if not, then buy at ico price, thanks to the 80% excess funds normies will throw at it
I have a couple of questions to ask about bancor, although obviously everyone is investing either way because the fomo is just too strong.
So say I run a donut shop and for some reason I want to make my own currency instead of using £. Firstly why the fuck do I do this, but more importantly, if I'm the one who sets the value don't I just say that one donut costs 1 donutpound? How will the price change? Actually fuck my shitty analogy could someone give me a simple real world use case for this that involves a real normal person.
My other question is about the number of bancor tokens, will it be a fixed circulation? what happens to them when they are cashed in for eth? i just dont get it
Bancor jews fuck off. Shill your shekels elsewhere. Sage
1 eth= 100 banco so unlimited cap for the number of tokens, I'm expecting round 350M tokens that's like 100$m in ethics's but we will see tomorrow, personally I won't buy bancor cause I don't see how the no cap ICO can be a good thing
>fudding to scare people away from the ico and profit off their FOMO
i'm onto you ;)
This ICO is not even that hyped compared to status. Status has almost fucking 7000 people in their slack. This only has like 2k. If you want real money try to get into both, status will go in less than 3 blocks just like BAT.
Will this be on a market exchange somewhere? IF so which one?! and when?
the most basic, dumbed down use of this is this. If i want to buy NGR coin, but nobody wants to sell it on regular exchanges, then I cannot buy any NGR coin.
If NGR is a "smart token", backed by BNT, then I can always buy NGR. Similarly, I can always liquidate my position, even if no one wants to buy it on a normal exchange.
BNT will be tradeable ~7 days after the ICO. I'm guessing they'll be on bittrex/liqui.
>will be tradeable ~7 days after the IC
awesome thanks. Do we know price? like will it be around $1 or $10? any general price?
USA cannot purchase right?
I've seen plenty of people on bitcointalk having that sonm logo in their profiles, but I can't see how it's different to golem or gridcoin.
whitepaper: sonm.io
Other than that: monaco. Just seems useful.
1 BNT = 0.01ETH
so about $3.5
the dope thing is they will use 80% of excess funds to basically set up a huge buy wall at the ICO price for the next 2 years. so basically if they shit the bed, you will (if you're quick enough) be able to at least get your initial investment out. also since it's pegged to ETH, if ether has increased in that time, you will gain from that even if BNT fails.
>hodl a year
Just go fuck yourself right now with this meme. Only the most basic retards keep spewing it out. You can make good money by investing into other coins and it takes days or weeks not a full fucking year to profit.
What wallet or what ever do I use to convert ETH to IOC?
I'm currently using JAxX Waller because boob friendly
Gl buying (hidden) cap from israeli bankers.
I will keep holding eth
that's why you use Bancor as a store of value ya doofus. ETH is fine too.
take a decent amount of your gainz and put them in Bancor+ETH and you will have (relatively) stable, long term profits.
it doesnt make sense how you can just sell at a generated price when price is fundamentally derived from the clash of buyers and sellers?
Yeah most ICOs are scam at this point but this one take the cake.
How quickly was the BAT ICO over? they sold 156,000 ETH of tokens in less than an hour iirc.
read through their whitepaper for the specifics.
like I said before, I don't think they will replace conventional exchanges. they will just facilitate the creation of a new class of tokens, which will no longer be reliant on bids/asks. also think about newbies who have no clue how to navigate an exchange. a simple UI that lets them buy whatever fucking starbucks coin or some shit instantly is all they want.
better explanation than I can give:
medium.com
It lasted 24 fucking seconds. Over 10,000 transactions were attempted but only about 155 bought the entire lot.
I read that if all the transactions had gone through it would have been over 250MM, and that was when ETH was not much more than half what it is now. I would not be surpised at all if Bancor raises the 1m ETH stop in the first hour. I think I will sit this one out and buy into smaller ICO's with more room for rapid growth.
As long as their hidden cap isn't something ridiculous, the more they raise the better since 80% of the excess funding will facilitate a huge buy wall at ICO price.
Also, more funding=more liquidity for the network.
Didn't BAT slow down the network for a few hours aswell?
How much are you all throwing into this?
Also can Americans buy?
THIS IS A PERFECT EXPLANATION FOR WHY THIS IS A SCAM.
IT IS AN ATTEMPT TO TURN CRYPTO INTO FIAT.
DO. NOT. HELP. THEM.
The hidden cap only comes into play if they do not hit the 1,000,000 ETH limit in the first hour. If they hit that, the market cap will be 700MM day one since they are only selling 50% of tokens to the public and ETH is at $350 right now. That seems a little bit ridiculous to me.
Everything I got. Even if it fucks up, you still get your initial investment back. Nothing to lose really
...
the 1M eth limit is not the hidden cap...
that is a security feature.
the hidden cap is just that..i.e. hidden. lol.
I'm hoping its 50-80M
how is anyone worried about a big dump, considering you will be able to exchange back for your buy in price for 2 years?
people are dumb. or they're fudding to avoid dilution during ICO.
0
30k or so
No one knows if Bancor will be a good investment. Not the people in the ICO, not Bancor, not the FUD.
This ICO is just gambling. But for people like me who have massive profits there's nothing else to put your money in.
So people are going to fill up every ICO this year and next with $1-$10,000
If only one hits 100x-1000x you made money.
The only people that put so much time in effort to shill or FUD Cryptos are the ones asking their mom for the credit card to buy $20 in ETH/BTC.
Fuck you all.
Can somebody tell me if these smart tokens can only be bulit on top of ether or can it use any cryptocurrency as a base?
you're right.
peace.