I remember well when people started to shill the Bancor ICO here at the end of May. They were telling others to buy ETH so they could participate in the Bancor ICO.
So stop saying that Bancor crashed ETH. In fact, Bancor caused ETH to surgein the first two weeks of June. (The Status ICO also helped ETH, but not as much as Bancor.) I remember that the demand for ETH was so high that the ETH network crashed the day before the ICO.
Disclaimer: I don't own any Bancor, I just like to set the facts straight.
If you have any doubt about what I just said, you're welcome to browse Veeky Forums archives. Search for 'bancor' and browse posts from May to June in ascending order.
Alexander Powell
>bancor WIth EOS probably the biggest scam of the whole crypto market.
Ayden Lopez
Let's wait and see. My bet is that a lot a people here will be using Bancor to exchange tokens a year (or less) from now.
Grayson Russell
Always follow the big money, and their is big money is behind Bancor.
Matthew Rogers
I feel like Bancor has potential but it also has the potential to be a total shitshow.
Everyones gonna be making their own troll tokens and shit could get out of hand
Zachary Wilson
I already hold bancor. I'm pretty close to putting > 50% of my money into it.
Evan Ortiz
good decision. dont listen to Veeky Forumstards follow the moneyflow
Anthony Jenkins
>troll tokens
I can't wait, that sounds hilarious. Watching the sec try and figure that one out will be glorious
Kevin Peterson
I've never had doubt in the project. Bought at ICO held since then. It seems very stable around 2$ so once the first token changer happens it's seems pretty obvious it's going to make people a lot of money
Joseph Long
bancor is probably one of my comfiest holds next to stratis, ark and btc
Brody Wilson
>I feel like Bancor has potential but it also has the potential to be a total shitshow. I feel the same. If they manage to establish an exchange without spread and with liquidity, normies will flock to it. Most normies don't understand what liquidity and spread are and they don't have time to study orderbooks. So an exchange that sets values based on algorithms will be hugely successful.
But all that depends on whether they succeed in setting up the exchange in first place.
I suspect a lot of the FUD against Bancor might coming from Poloniex and Bittrex shills.
Easton Garcia
then I am sure you know already about stox. I did some quick math and their ico alone raises the bnt praise by around 20% if they reach 30 million which will not be hard at all
Jacob Wood
all this ICO`s pumped by Vitalik is money helicopter, it will crash ETH but later
Jonathan Hughes
>I did some quick math and their ico alone raises the bnt praise by around 20% Have they confirmed that the ICO will use only Bancor? Won't they accept ETH as well?
Asher Hall
>all this ICO`s pumped by Vitalik is money helicopter, it will crash ETH but later The ICOs actually helped ETH. A lot of people converted their BTC to ETH just to participate in the Ethereum-based ICOs.
Lucas Campbell
nono the point is that they only accept eth and convert atleast 4% (most likely more due to teamfunds) into bancor as their reserve so the price of BNT goes up accordingly.
James Cooper
Interesting. Thanks for the info.
Jonathan Rogers
no problem, august will be a great month for bancor.
Asher Sanders
How many bancs do you goyim have? Give me a recommend minimum
Austin Moore
Bancor crashed and you got scammed. sorry about that.
David Hall
Asesoria BRAMBLE
Andrew Diaz
See that huge increase from June to July? It was CAUSED by people buying ETH to participate in the ICOs (of which Bancor was the biggest). The ICOs caused the a bubble.
When the ICOs started to liquidate ETH, the bubble burst.
Cameron Edwards
>How many bancs do you goyim have? Give me a recommend minimum 1000 BNT minimum. That way every dollar increase is $1000 for you. All hail Bancor. All hail the king.
Aaron Diaz
if that were true then eth's value would have gone up, however it was strongly corrected with BTC's value
Ethan Foster
lol @ fucking BACDOR
i havent seen this level of delusion since DGB. at least the digimarines didnt stoop to calling their critics "antisemites" though
Michael Perry
comparing dbg with bancor.
>being this delusional dgb is a memecoin bought by retards bancor is a solid investment that tries to capture a trillion dollar market.
stay poor nobanc.
Levi Allen
If Bancor is so great why is under the ICO price?
Jason Davis
>delusion Can you explain what's wrong with my argument at ?
>if that were true then eth's value would have gone up May-June: people buy a ton of ETH to participate in the ICOS (there were dozens of ICOs accepting eth at that time).
July-August: ICOs sell a ton of ETH for fiat.
How would that drive the price of eth up? I'm not sure I undestand your argument.
Bentley Williams
Because the value of ETH plummeted since the ICO. Back in June people were paying $360 per eth to participate in ICOs.
Grayson Miller
and DGB, the "memecoin bought by retards", after it's huge and unrelenting crash, still maintains a higher market cap than the BACDOR, the Chosen Token
Nathaniel Gutierrez
well it isn't doing anything yet obviously
Robert Diaz
At ICO 1 BNT = 0.01 ETH now it's 0.009264 ETH why?
Owen Murphy
if people thought it was going to do something wouldn't that be "priced in" as they say?
Justin Edwards
1000 is good. I am going for 10k tho. already accumulated 8k.
Jaxon Rodriguez
Because the floor is gone and the price is floating, obviously. Actually most people are surprised that the price has only decreased by ~7%. Buyers are waiting for a dip to buy, while sellers don't want to sell their BNT for less than the ICO price. That's what has kept the chart horizontal. At some point buyers will stop waiting for a dip and will just buy at the current price.
A 7% decrease is nothing for an altcoin. It's not unusual to see 10-15% intraday oscillations in the cryptoworld...
Cooper Nguyen
not until it happens or gets close to a release date look at ans, its only taking off now because news and a name change.
Owen Hall
>solid investment my sides.
solid investment into bigger israel thats for sure. but that will not give you anything :D well unless you are ((()))
Ian Bennett
ill make sure to post my portfolio daily next year to trigger some nobancs like you
it's extremely expensive for a whale to capture significant % of EOS tokens due to market forces being active, but without mining. It might be the most fair control wise ICO to date.
it's also no fees, millions of tx/sec, privacy built in, already two working examples of graphene exist both doing far more tx than bitcoin (steem/bts)
it's literally perfect.
only problem is launch is a year away and eth despite being the most centralized blockchain in existence: reddit.com/r/ethereumfraud
but eth marketing is top notch spreading lies like that it's decentralized or better than bitcoin even though not really given how much development is on bitcoin
