Post
Topic
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
Razaberry
on 14/08/2017, 07:17:06 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.

That's one of the purposes of the Bancor protocol, to prevent spike/crash cycles and instead have gradual rises and falls.