Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
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
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?
Do not equate Banchor with GNO which has a fair amount of Coin Supply so reasonable if the GNO price is high enough now
$10 per token will give it over a billion USD valuation. In theory that should be the market cap but the team need to walk their talk first, the project has been attacked by several people and some people are saying it can easily be gamed. I know some black hackers will be looking for these loop-holes.