RIP Bancor

RIP BNT. You can't hurt them anymore.

Now it's 4k.

BUT YOU SAID THEY ARE UNSTOPPABLE
YOU OWE YOU MONEY YOU FUCKIN CUNT
REEEEEEEEEEEEEEEEEEEE

Im glad i didnt trust the jews

4.5k Price floor remaining and the price is still under 0.01ETH, meaning the price floor has to go lower still when someone arbitrages this.

>be whale
>want to buy lots of BNT for super cheap
>buy it for cheap on Bittrex, resell to price wall
>destroy price wall, watch at BNT goes into freefall
>Buy even cheaper on Bittrex and sell higher
They brought this on themselves.

Now 3k.

When BNT falls, ETH might actually go up. If only a little bit.

It's almost over

2.19k left in price wall and it's still below 0.01ETH in the other contract.

What a fucking implosion.

YES FALL

1.86k left in BNT and still way below ICO pr.

RIP anyone who is still holding or thinks he/she will hold through this. This thing might rebound at 0.001 ETH, 10% what it is now.

What is the price floor?

Still didn't make a loss because i got the same amount of eth back. havent even tried to short ETH.

Currently at 1.53k ETH.

If you have not sold all your BNT now, you have like 5 minutes at the most to fucking sell it all now before this thing goes down to almost 0.

How do we want to play this? Any exchange you can short this piece of shit on?

Same. But I'm imagining all the people who are holding now and don't know it's going to plummet in 5 minutes.

I mean is the "price floor" the mechanism they use to try to keep BNT above .01 ETH? Like it's a way to inflate the price on the exchanges through arbitrage?

Yes but it failed because as the price of ETH goes up, the price of BNT either has to follow it by way of natural demand or be artificially propped up by people buying low on the free market and selling it for 0.01 ETH back into the price floor by Bancor themselves. So as ETH rebounded, it destroyed the Bancor price floor.

NOW AT 1.43K ETH.

SELL NOW I REPEAT SELL NOW THIS IS NOT A DRILL.

You are dumb as fuck, right?

1.1k left haaaaaaa

>being a banclet

Only as bad as being a digicuck

>mfw nobody wants to sell on the exchanges and everyone rushes to buy through the contract and it makes a new floor
What will nobancs do when this happens?

...

Under 1k ETH now,enjoy your bags

Where do I buy for the dead cat bounce

Just got out anons!! switched to ARAGON and ark. that was a close one, those shysters .KEK

This stuff is way too complicated for them. Let em panic buy when it moons

Didn't answer my question cunt

WATCH THE 5 MINUTE CANDLES, VOLUMES, AND ORDER BOOK YOU FUCKING RETARDED FAGGOT

My popcorn is ready.

You guys are going to be very surprised what happens after the Price floor runs out. (Hint: it is going to moon and you will not have an opportunity to buy any dip. You either buy at 0.0098 or you never get an opportunity to buy this low again)

The price of bancor has been depressed specifically to extract all the value from the price floor contract through arbitrage. When that value is gone, the pressure goes, and the price moons.

All these idiots selling now in a panic are about to buy back in at 0.015 later today in FOMO.

>i got scammed
>please buy my bags

Screen capped into my "retards to laugh at" folder

So what happens once the price floor vanishes? Is it going to crash? if so should I buy the dip?

It's going to crash probably to like 0.001 ETH, or 10% of what it is now.

Yeah I'd buy the dip cause it will be one hell of a dip.

I'M RUINED

Sell.

It's only got 450 ETH left and the price is still under 0.01 ETH so there is still chance for arbitrage.

It's over.

100 ETH left.

HERE WE GO.

94 eth

It's happening

I meant what exchange to buy at cunt nigger bitch

It's going to IMPLODE

>price floor
REEEEEE why didn't I hear about this before? I sold all my bnt at under $2 last week

ETH was also under 200 you tardo.

Price floor is simply 0.01 ETH, not measured in USD you moron.

>9 eth

60 eth left. Get out while you still can. See you at the bottom.

9 left. Shit is done.

FREEEEFALLLLLLLLL

...

Its all ogre now for BNT holders

BUY NOW HOLY FUCK WE MOONING ANONS

what do you faggots mean by this its up 10% today?

Ah yes, the much vaunted hebrew reverse moon

It's about to drop 90%
Stop buying things you don't understand.

AHAHAH you fags got trolled. have fun with your heavy money lender bags anons!!!!;)

MY SHEKELS

tank the banc
fuck this shit token

BUY BUY BUY
The floor is impenetrable

It's not tanking. It's only 9 ETH allegedly left and hasn't gone down. They are lying as they do about how much ETH is there.

That or they are just bouncing transactions now.

9 ETH left and price still way under 0.01 ETH so easy arbitrage.

This won't last long but nobody wants the risk of being left holding the bags of BNT while someone else beats them to it.

Knowing the Jews they stopped the counter.

I'll buy what I want bitch

>HAHAHAHA ITS TANKING ITS TANKING
nobancs actually thought this was gonna happen. It's okay not everyone can drive lambos on the moon

4 ETH left in the floor.

but user it is indeed tanking LUL

Boom

Floor gone negative
Wutttttt

WHERE DO I BUY

ouch

Bancor (BNT) $2.25 (10.04%)

CmC still has bnc in the green you anti semites.
Fuck i hate /pol/

>OY VEY, SHUT IT DOWN!

Biz pill me on the kiketress

lol funny seeing sell floor button inactive

I HATE THOSE SCAMMERS, THEY KILLED THE BULL
REEEEEEEEEEEEEEEEEEEEE

-0.13 ETH
Nice floor you have here guys

CUTTING LOSSES NOW FUCK YOU BNT

I just tried to sell my bancor back at the price floor but the button isn't working for me. Anyone else having this problem?

The floor blew out. Security blanket is gone.

sorry guys newfag here. but what the hell is bancor and why is it dipping

really? fuck. Well maybe that means that it can start outperforming ETH now that the arbitrage is over

Bancor had a price floor where it pegged itself to .1 the price of Eth.
Now that peg is gone, so it's being traded without intervention.

where is the "bancor is literally unstoppable" thread guy.

I want to see his tears. get in here you piece of shit.

BNT is going to be bigger than Ethereum. This will soon become apparent.

aren't you the guy with like 7k bnt though? thats always posts that anime pic

no I just wanted a really smug one

HEY LET US BRING THE PRICE TO 0

Fuck me these bancor memes make me KEK

>literally unstoppable

Dude. Some people made shitloads of money when they bought up massive volumes of this shit July 13-16 below .008. That's like $1 per token traded in that they made straight profit on.

Crazy stuff.

...

bancor will drop another 10 %

...

they are unstoppable

noone can stop the downtrend

kek

so, what now?

I am here. Nothing has changed, Bancor is literally unstoppable

hodling

Yo now that eth keeps getting hacked maybe people are gonna switch to Bancor since they can delete the hackers tokens? This is probably gonna moon just because people want that kind of security

this is the most stupid shit I've read this week so far. I truly hope you are trolling or shilling, no way someone is that retarded.

I thought it was pretty funny