What happened?

What happened?

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steemit.com/kybernetwork/@roosterred/why-the-kyber-network-crystal-knc-ico-might-not-be-what-you-think-it-is
steemit.com/icon/@roosterred/icon-icx-ico-a-promising-coin-with-major-flaws
steemit.com/ico/@roosterred/a-fair-ico-model-roosterred-s-uncapped-blind-ico-auctions
steemit.com/whitepaper/@roosterred/whitepaper-examples-of-uncapped-blind-ico-auctions
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>bancor_logo_dark.png
this kills the ico

It rymes with news

zee Germans lost zee war.

Emin Gün Sirer Killed it

You know exactly what (((happened)))

I don't think we will ever know who's responsible for this. Just like Satoshi.

They released something that works. Big no no desu. You need something that might work in the future and hype it up, and then never deliver.

with jews, you lose

This. I'm done telling you idiots to buy. I tried warning you when ARK was $0.33 and when IOC was $0.8 to mention some. Last warning if someone on here actually bothers to do their own research instead of basing their investments solely on shills and fudders on here: Look into Bancor.

Join their telegram, check their list of partnerships (fucking 28 ICOs using BNT as a reserve when Bancor itself is 3-4 months old), the fucking designer of the Euro is 'chief monetary architect', blog posts ALL the time with updates and they actually have a working platform already.

This is true you know.

But ICOs are dead.
Are there plans for the integration of already existing Tokens?

Maybe coin is ok, but Ico was overbought shit.

Bad first impression. The ICO was like going to a first date after taking a shower using cat piss instead of water.

smart tokens are just a jew scheme to make shekels from arbitrage, that's all.

Tokens created on the Bancor network is backed by BNT and therefore ETH. If you create "pajeetcoin" on the Waves or ETH platform you get a coin that in itself is worth nothing if there is no perceived value to it. Most shitcoins only have speculative value, and if you create a coffee token no one is going to buy it and expect it to go to $100. With Bancor you can create a token for coffee, and you can buy it with a fraction of ETH/BNT. If you don't use it or change your mind, you can exchange it back to ETH without having to find a buyer for your token no questions asked all done via smart contracts, so it's just like fiat used to be backed by gold. If you believe there is any value at all to ETH (smart contracts, dApps, and so forth) you have a token backed by that value.

I believe that if crypto is ever going to scale this will be the way. Companies can tokens for movie tickets, spa's, bowling, food and whatever. People go crazy for coupons and shit, why not this? In addition you get a token which is backed by something so you can exchange it for something else easily.

BNT can make BTC and pretty much all other crypto obsolete. I wrote this in a hurry but hopefully it makes sense.

Why you should buy KCS.
> selling points
This is an exchange with an excellent and responsive interface that already offers some of the best and hottest Asian coins and will gradually expand up to over 1000 listings. Additionally, it can actually serve Chinese customers who are excluded from Binance. Unlike many established exchanges it also has a very responsive customer service. We already see considerable volume growth in ALL trading pairs, not just KCS/BTC.
> KCS features
The token itself is not only a revenue generating token, it will also soon give reduced trading fees to holders, incentivising people not to sell a part of the supply. Additionally, KCS holders receive prioritised customer support and there are token burns every quarter. Esentially, this is like the BNB token, but with dividends and more functions. You can reasonably expect it to go above the marketcap of BNB.
> team and development
The team is responsive and fast like no others. They are releasing good news almost every day and they really listen to the community for improvements. The RPX listing and Neo trading pair were suggested by many people on their Telegram and they immediately accepted to do this. They are also talking with XAS right now, another hot new China coin.
> valuation
KCS wasn't even listed on CMC until today and there are so many upcoming news and so much new volume that will flow in once RPX and other new coins are listed, that this is clearly undervalued. As stated above, the fundamentals do justify a higher MC than BNB as well. We are in the very early stages of the hype phase.

Also consider that the token itself and the dividend distribution model incentivise people to hold rather than sell, and there is presently so little buy volume on the exchange that whales have no opportunity to offload until the price is way higher.

Only the devs have ever made any money on Bangor. It has gone down in BTC, ETH, and fiat. It has never mooned. Bad rep because they changed to an uncapped ICO at the last second so they could get more ETH at the top of the bull market. People arbitraged their ETH price floor away eliminating the whole reason for holding it. People know in the future any new tokens will have the same fate.

Bancor is pretty smart tbqh.

>raise nearly 400k valuable eth in exchange for a token you made up >dump eth
>goyim are now stuck with a token that is rapidly losing value because its pegged to the value of eth
>which you just crashed
>buy bancor back from goyim with now devalued eth
>sell back when it moons which all coins do
>rinse and repeat ensuring that the hated goyim never make a profit
>blame nazis and exists for recent failings for liberal media sympathy

>Are there plans for the integration of already existing Tokens?
Every token can be integrated as a relay whether the creator want them too or not.
I'm going to make an augur relay just because i know its creator hates bancor.

bacncor one of those coins tahtll never recover

Nice theory. Got some proof? I'm more inclined to believe that bittrex are behind it.

This argument all the fucking time..
>the price is low
Yes it is, and it has performed like shit because of the uncapped ICO. But their product is like nothing else in crypto, and they have made huge development progress in these few months, which is why you should see it as a chance to buy in low for once

What exactly is the advantage of BNT as a medium of exchange over the 1000s of other cryptos doing the same thing?

As for tokenized services, that would be better carried out over a system like ARK that just brings the two blockchains together.

No it wouldn't. Bancor gives instant liquidity. No buyers/sellers, all via smart contract. Read the post you replied to again

>Bancor gives instant liquidity
>socialism is magic

That's why this has tanked since its inception.

If you don't understand/know how it works, you can read into it yourself.

One of the reasons this has tanked is because it actually takes a bit of reading to understand, which is far too much to expect from 99% of lazy millenials who buy crypto and expect to 10x their money every couple of days

I hodl this coin but you're still a faggot

I was trying to answer op's question not say that a reason not to buy is because its a low price.

Its not a theory its what happened. You're crazy if you think Bancor didn't sell any eth they got during the ico to pay for future operating overhead.

>You're crazy if you think Bancor didn't sell any eth they got during the ico to pay for future operating overhead.
No shit. I was referring to your dramatized version of events.

steemit.com/kybernetwork/@roosterred/why-the-kyber-network-crystal-knc-ico-might-not-be-what-you-think-it-is

steemit.com/icon/@roosterred/icon-icx-ico-a-promising-coin-with-major-flaws

>severely overhyped, shilled as the next big ICO, price actually dipped far under ICO and stayed there.
>flip flopped on ICO terms.
>40 lines of code.
>backdoors to remove balances, add coins, change the smart contract.
>paid shills and bagholders spam Veeky Forums with lies and forced memes.
>team of nobodies.
>economic masterminds: made a smart contract to protect the price floor that lost them 10s of millions and got exploited. Price floor is now gone.
>resorted to blame racism and mysoginy for it's failures.
>literally 100s of better crypto projects out there.

Also, it declined in price because it was a uncapped ICO, which is a horrible scheme that almost guarantees post ICO drops in token price.

steemit.com/ico/@roosterred/a-fair-ico-model-roosterred-s-uncapped-blind-ico-auctions

steemit.com/whitepaper/@roosterred/whitepaper-examples-of-uncapped-blind-ico-auctions

You seem like a guy who skims through Veeky Forums on a daily basis and learns all the bullshit written here by hand. If not, nice pasta.

Can somebody post the bancor kirby vacuum tel aviv pasta please?