Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
D3m0nKinGx
on 26/06/2017, 04:21:49 UTC

Ether opened up at $2.83, dropped  to $0.64 after a few days.....but now at $299.00!

If you're insinuating that what happened to ETH's $ price will happen to BNT's $ price then I hope you're right. I'm contemplating buying BNTs. My only concern though is the Ethereum network doesn't seem to be able to handle large & concentrated transactions. We've seen it with the BNT & the Status ICOs, whereby the network stopped working or was extremely slow. Since BNT is built to work on top of the Ethereum network, how will the Ethereum's apparent lack of capacity affect BNT in the long run? And therefore affect BNTs $ price?

speed of the network only affects speed of transactions, no real correlation to price, unless the market mentality feels the value of the coin should reflect that technical drawback.
Otherwise, BNT's transfers will remain limited by ETH's functional capacity, unless the team decides to make BNT it's own network separate from ETH. But afaik ETH has some new features coming awaiting activation that should improve ETH's performance.