Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
disconnectme
on 04/07/2017, 19:39:41 UTC
can bancor price go under 0.01 eth?

It can, but only after that a 107.99K ETH buy wall set by the Bancor team as a floor is depleted. Which is not very likely in my view.

Let's wait for the big bounty dump. soon.
Bounty hunter wont dump in the price floor contract, they will dump in exchanges for better rate,
Even if they dump in price floor contract its would be just around 5850 eth (585,000 bnt) for all bounty now.

That is so small compare to the 107,990 eth in price floor.

I didn't do the math (bounty vs. wall), thank you.

Why are people talking about bounty tokens? as the bounty tokens withdrawal activated. Another thing to consider is even the Waves forecast tokens too also coming to the market, so for now the price can only go flat