Time to educate NoBancs.
Bancor by it's design is not set to rocket up in value in short periods of time. Due to the smart contract there is a constant balancing of value between the exchanges and the contact.
Bancor is designed for constant, steady growth. This is actually healthier than the pump and dump coins we see so often (ANS, ARK, DGB, RDD, XVG and the list goes on...) Bancor instead will constantly gain steady value, the potential is practically limitless due to it's application.
BNT acts as a liquidity reserve for any token that chooses to use the platform. Every time a new token or crypto is added to the platform, Bancors value will increase, and as the BNT->ETH contract has shown us already, it will keep increasing.
Amazingly, Bancor has already increased in ETH value by 33% within 16hours of trading being activated. That is much higher than anyone can predict. You will also notice unlike traditional coins/tokens this doesnt surge up and then dump down, it climbs slowly and steadily.
Now, another important factor is to consider is Bancor is an actual product, in use right now. Not some pseudo concept of an idea floating in a hypothesis. Bancor is tied fundamentally to the whole cryptocurrency market. The larger crypto gets, the larger Bancor gets.
There are several key events that will cause steady upwards trends in Bancor's value, turbo boosting the steady climb. The first is the implementation of an easy to use and noob friendly APP with GUI. This will make exchanging BNT with the various tokens added to the system easy for anyone. The next big factor is the adding of new coins, this will most likely happen on a weekly basis as new coins adopt the system.
Ultimately Bancor is poised to become a top 3 coin within 6 months. It actually has the potential to overtake the platform it's built upon in terms of market cap and volume.
in 16 hours it's gained 33% value and has a $377M market cap. Do not miss this user.
