Bancor is still under ico price, and makes 40% loss in ETH scale, which is unacceptable, although the team does the work hard, they may lack some skill to let investors make money.
If we see Bancor's value based on parity with ETH then yes, you are right. First we need to set a base currency as measure to judge the value of any project because large majority use which suits them. Fiat was used to buy Ethereum so it isn't like this in fact. Bancor is undervalued now but isn't under ICO anymore. It is different perspective of view of everyone.
Well there is making fast money and making big money....I have been at this for years so my take is buying and holding onto Bancor will be a big payoff.
Way back when bitcoin was called overpriced at $ 100 - I laughed and kept buying.
Way back when Ripple was under $ .01 - Trashed with FUD yet I laughed and kept buying
Way back when NAV was selling between $ .01 and $ .05 - This was a little tougher, but I kept buying.
My point is simple, if you do not see the real value of a project long-term this game may not be for you. Simply buy into whatever is trending today and be happy with whatever spare change you make. I will happily hold onto my 20k + Bancor
and keep buying. Eventually I will be posting the above way back updates on another market reminding everyone that Bancor was once very cheap with all the potential for huge gains and still so many missed it. If you are closely watching the
crypto markets, maybe you scratched your head like me at the Bitconnect fiasco and could not believe so many fell for the fast and easy profit way of investing. I truly believe in Bancor and will continue to support for numerous reasons, but if you
do not see it, then by all means just walk away. See link below posted on Coindesk today and do some research on your own before investing please.
https://www.coindesk.com/bancor-bounce-back-doubted-ico-winning-adoption/