What sort of money are people keen to put towards such a Project ?
I can not speak for others but I made a very-very good run on ETH in recent months (over 500%) and Bancor is my next target. I plan on shifting a certain % of that but not more than a thousand ETH.
i would put my bets also to eth
to ETH? i would bet that bancor rises more than ETH atleast short term
I would love to see Bancor do Ether run or even outperform it, but the value of Ethereum comes from the number of users on the platform, alot of developers are sitting on millions of Ethers locked in their wallets and this reduced the supply on the exchanges and this makes the price to go up. Bancor is not offering anything close to this because the fundamentals are different.
It's important to realize, that since BANCOR price is denominated in ETH, naturally, every increase in the ETH price is translated 1:1 to increase in BANCOR value.
As long as more are buying BANCOR than liquidating it (with/to ETH) through the smart contract --
the price of BANCOR will keep increasing relative to ETH (its baseline).Just have a chance to go through every post and found this. I have to quote it because most people are caring about their cost as fiat. It is not the right way to consider cost for BNT.
We have to remember that the cost for BNT is always 0.01 ETH. Whenever the price is falling down 0.01 ETH, it is a good time to buy it.
I think the Bancor team has a good sense for BNT price converting.