damn, wasn't first

Now you can never other than laugh at a 3 year old causing this of course, but Oh what a pity and how blanc it looks in here.. I was just joining this and had just found some interesting answers to some of the questions I have built up..

As this is the trader channel - perhaps I could start off with a question to fill in the blancs in here again! A thing I cannot get my head around is if all the wonderful ICO partner announcements will build up BNT balances during their ICO's, it looks like a load of capital coming into BNT on the buyer side. That should increase price. However, usually when someone should buy an asset in large amounts, it is a good point not to tell the market so that price do not increase until after. I have obviously missed something here - what? :)

So is BNT going up from here or what? I've been busy accumulating at this level

I have done the same, and considering to top up substantially more as this is one of my favorite projects outside the internet gold of btc and the nasdac of web 3.0 Eth - but I must have missed something and would like to clarify that first if possible

Vishnu Rajam
So is BNT going up from here or what? I've been busy accumulating at this level

It's a pity we've lost the history. I offered a thesis a while back in the thread as to why Bancor was not increasing despite the seemingly ongoing positive news. Guy had offered a considered rebuttal, which I had intended responding to at some point this week.

BNT will have a moon

Janne
As this is the trader channel - perhaps I could start off with a question to fill in the blancs in here again! A thing I cannot get my head around is if all the wonderful ICO partner announcements will build up BNT balances during their ICO's, it looks like a load of capital coming into BNT on the buyer side. That should increase price. However, usually when someone should buy an asset in large amounts, it is a good point not to tell the market so that price do not increase until after. I have obviously missed something here - what? :)

it's a good point. How I see it, most of the partners are not interested in making a profit from their BNT purchase, what they care about mostly is to have liquidity for their own token.. the reason most are announcing their intention to purchase, is to give their project validity and add Bancor as a partner. Most of them are in a pre-ICO phase, and it's important to show that they already have big partners (like Bancor) and that they have a long-term plan etc. Personally I'd take all these partnerships with a grain of salt.. they all intent to use the protocol but we'll have to see if that materializes

I heard ICON also used bancor? Is this true? But how come the icon ICO had no effect on the price of bancor

I think you should ask them how they difference themself :)

Vishnu Rajam
Any idea of the potential price BNT could reach by end 2018?

I have no idea about 2018 valuation - but I could say this, from my obseesive interest in monetary and financial history, that should these guys pull this off - it is one of the biggest feat for humanity in a long time (this is not much talked about by the team, and rightly so, as it is complex and meets unnecessary objections and discussions) - and the valuation could be seen as this for reference: Bitcoin - internet gold (gold 7trillion usd) Ether/Neo etc - Nasdaq enabling super computer and ETH is the oil for it - add an amount of trillions on top of BTC Bancor - you need to look at monetary supply and the plans for especially the Special Drawing Right (SDR) - on top of the unprecedented long tail of money issuance they aim to enable - and you'll need to add trillions on top of Ether

Vishnu Rajam
Any idea of the potential price BNT could reach by end 2018?

The main issue with Bancor is one of perception, that precipitated from a ICO, and persisted ever since. Being the biggest bag holder is one thing, but burning the early investors/flippers was a shortsighted move. Early momentum vanished, and crucially they lost network effects, that positive spin that comes with hype cycles, 2x, 5x, 10x "Bancor is the next big thing" yadda. It can be overcome of course, but their marketing team are going to have to work twice as hard to overcome it. The first thing the team needs to do is to stop denying it exists, accept it, and formulate a strategy to overcome it. Only then can Bancor start to head toward the stratosphere.

CryptoNL
We all agree on this, but i think there has been enough 'talk'. People just want the tokens to buy their bnt reserves and see bnt rise

you are right at a low term substantial level, but my answer to @jannenet was more linked to his question about a long term evaluation

OldPaul AmaZix
you are right at a low term substantial level, but my answer to @jannenet was more linked to his question about a long term evaluation

In my perspective i am quite a big holder of bnt and as all others here believe in this project. But i do understand everybody's response that even though there is so much good news now, bnt hardly moves

I bought bnt with btc and am still down 60% since ICO

OldPaul AmaZix
you are right at a low term substantial level, but my answer to @jannenet was more linked to his question about a long term evaluation

Great article - and I believe only half of the actual beauty shines through in that article - the long term financial context makes Bancor give me the goose bumps ! ;) And yes, I can totally see that Bancor is underestimated, it is obviously, and I guess Henry Ford described it well already decades ago: "It's all well and good that people don't understand money, as if they did, we would have a revolution tomorrow" So since most people do not understand money, it is hard to understand the fundamental beauty of Bitcoin, and even more so with a nobel piece prize candidate such as Bancor :)

has anyone here heard of la token

Ben Roth
has anyone here heard of la token

Yes I love the concept of this too. But there are many doubters

I think it's a revolutionary concept as well

why dont they partner with bancor

i think its perfect

Also FYI another amazing project with a similar chart to Bancor is ANT. Check it out.

Yeah I'm on their tg group, I can ask them

can you send me alink

Will do some reading about them. 1 free icecream to anyone who can interest them in a Bancor Tokenchanger 😄

This actualy reminds me of the new Ambassador bounty program: https://app.bancor.network/communities/598314b64a93372697b7b88d be sure to check it out if you are interested in spreading the word about bancor and earn some extra tokens wile doing so :)

I've been shilling bancor to everyone I know already

Vishnu Rajam
I've been shilling bancor to everyone I know already

Same here - and I do it for humanatarian reasons... Need no money for it :)

Vishnu Rajam
I've been shilling bancor to everyone I know already

My friends dont know what it does yet but they all heard the name :)

I will work on that knowledge gap!

Janne
Same here - and I do it for humanatarian reasons... Need no money for it :)

Lol same. I have a set of 3 videos that I share with everyone that explains what it is

I might make use of those, and others might be interested aswell

Thanks Vishnu , I mostly used that first one to but I know the other 2 aswell :) good choices👍🏻

Yeah that first one is the best one

Hendrik AmaZix
Thanks Vishnu , I mostly used that first one to but I know the other 2 aswell :) good choices👍🏻
And for your monetary savvy friends - The first few minutes and the last 3 minutes of this one is golden by Bernard Lietaer https://youtu.be/BcTPYjmWp-o