Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
paulmaritz
on 26/06/2017, 06:18:47 UTC
can someone post a good explanation on why BNT is sinking every day?

It is simple, ICO flippers are selling to enter into another big project. Bancor is a long term project and token holders will surely benefit from this

Really I think an ICO that goes up 400% the first day, is a lot better than one that goes down 20% like BNT

huge disappointment...

ETH = $3,80 at ICO, now $3  Sad

GNO = $35 at ICO, well over $100 after a few days...

Why are you expressing it in dollars? They sold it at 0.01 ETH during the  ICO. The current price is 0.010284 ETH. How does that represent a 20% drop?