Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
Although so many coins/projects intend to use bancor protocols, the price is still going down everyday. Why this happened? I am very confused, is it BNT dead?
It is not a lot of projects to use the bancor protocol, only a few projects using bancor protocol
bancor need more projects to use bancor protocol to increase bancor value, dozens or even hundreds of items
The first thing is that all altcoins are going down, not only Bancor. Among other factors, it's probably caused by the Bitcoin Gold fork - people are moving funds to BTC to get free Bitcoin Gold.
And yes, there will have to many more projects, and big ones, running on Bancor to significantly increase the BNT price. It will happen sooner or later, but it's not the case just yet. Be patient
