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Showing 6 of 6 results by StevePe
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Topic
Board Announcements (Altcoins)
Topic OP
[ANN] CryptoPunks (not my project but awesome concept)
by
StevePe
on 16/06/2017, 17:50:38 UTC
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
StevePe
on 11/06/2017, 06:08:01 UTC
Bancor auditor Nick Johnson says code needs more tests: https://twitter.com/nicksdjohnson/status/873646232878632960
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
StevePe
on 11/06/2017, 05:17:38 UTC
You wouldn't believe what I just found - Bancor Network BNT to Bitcoin BTC Exchange / HitBTC is already trading at 30% up - wtf (........ and that's even before the start of their ICO)/

https://hitbtc.com/exchange/BNT-to-BTC

Nonsense. BNT/BTC price over at hitbtc.com at the time of this post is 1.7% over BNT ICO price. I checked the same pair yesterday and it was virtually identical to ICO price. Price difference now is a result of ETH/BTC variation since the bidder placed the order. As I am typing this some other genius has placed a bid of 0.001209 BTC for a BNT which is 2.49% over ICO price... The only way this is a good bet is when ETH appreciates in value against BTC by a greater amount until ICO is over, or if the Bancor team messes with the BNT CRR in some way until then. All that at an amazing market depth of $16.62. So yeah - go ahead and claim your $0.33 profit.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
StevePe
on 09/06/2017, 18:17:40 UTC
The value of the BNT after ICO will depend on three main unknowns:

- How much BNT will be required as reserve for smart tokens created through the Bancor platform before the monthly fee is waived
- How high the monthly fee will be for smart tokens created using the Bancor platform
- How the CRR of the BNT will be changed after the ICO

And of course general adoption but that is anybody's guess right now anyway.

What monthly fee?

Bancor will require a monthly fee for users that opt out of BNT as a reserve in their smart tokens. Details unclear as of now.
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
by
StevePe
on 09/06/2017, 11:38:49 UTC
The value of the BNT after ICO will depend on three main unknowns:

- How much BNT will be required as reserve for smart tokens created through the Bancor platform before the monthly fee is waived
- How high the monthly fee will be for smart tokens created using the Bancor platform
- How the CRR of the BNT will be changed after the ICO

And of course general adoption but that is anybody's guess right now anyway.
Post
Topic
Board Altcoin Discussion
Re: So what is STRAT exactly?
by
StevePe
on 02/06/2017, 21:16:41 UTC
The popularity of Stratis is beyond me - it's basically blockchain in a suit. Anything else?