Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
WhiteManWhite
on 12/08/2017, 12:43:20 UTC
It's very difficult for Bancor's price to increase. I have seen this time and again whenever somebody buys a large chunk of BNT on Bittrex and pushes the price up within minutes, the automated arbitrage bots bring the price down by arbitraging against the smart contract. I don't see how the price will increase.

Yes, I believe you.  But ... Tell me, who benefits from cheap bancor?  Is it developers, traders, holders or someone else?