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Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
BANCOR IS DEAD
https://media.consensys.net/introducing-omega-one-a-cheaper-and-safer-way-to-trade-cryptocurrencies-and-tokens-b59b9ccf29c4
OMEGA will prevail
Its so different than bancor.https://media.consensys.net/introducing-omega-one-a-cheaper-and-safer-way-to-trade-cryptocurrencies-and-tokens-b59b9ccf29c4
OMEGA will prevail
Can you use omega to trade low volume & liquidity community token ?
Omega rely on exchanges.
OMEGA-who? It might be a good solution but I don't think that you can even compare it with Bancor. The beauty of Bencor is that it cuts the middleman and, for the first time, allows direct convertion to/with a/the smart contrat (...... Bancor smart token). It is first-to-market and its revolutionery. Besides, the combination of the Bancor solution and the team will surely prevail.
Think about it, why would I want to pay an exchange if I have a FOC solution?
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
Some news from there official blog. You should check this out!
https://blog.bancor.network/the-community-of-the-currency-9770087fde17
"Weve heard many concerns that having no cap in the first hour (other than the 1M Ether security cap) may result in BNT dropping below its initial price after the token allocation event. Even though wed like to think that our hodlers will not be quick to liquidate BNT theyve purchased at its initial price, we have decided to allocate any proceeds collected in the minimum hour which exceed the hidden cap as follows:
20% will be allocated to the BNT Ether Reserve, to further improve the liquidity of BNT, which increases stability while reducing conversion costs (price slippage) for all.
80% will be locked for two years in a smart contract that will buy back BNT for 0.01 ETH (the initial price) whenever it is available, according to its calculated price. The purchased BNT will be added to the Foundations long-term budget, and after a 2-year period, any remaining ETH will be allocated pro-rata according to the Use of Proceeds chart in our Token Creation Terms."
https://blog.bancor.network/the-community-of-the-currency-9770087fde17
"Weve heard many concerns that having no cap in the first hour (other than the 1M Ether security cap) may result in BNT dropping below its initial price after the token allocation event. Even though wed like to think that our hodlers will not be quick to liquidate BNT theyve purchased at its initial price, we have decided to allocate any proceeds collected in the minimum hour which exceed the hidden cap as follows:
20% will be allocated to the BNT Ether Reserve, to further improve the liquidity of BNT, which increases stability while reducing conversion costs (price slippage) for all.
80% will be locked for two years in a smart contract that will buy back BNT for 0.01 ETH (the initial price) whenever it is available, according to its calculated price. The purchased BNT will be added to the Foundations long-term budget, and after a 2-year period, any remaining ETH will be allocated pro-rata according to the Use of Proceeds chart in our Token Creation Terms."
Interesting, intriguing and impressive at the same time. Interesting and intriguing for obvious reason, impressive because there's clearly a strong professional team leading this project. The solution and the team are amazing and I think i'm gonna double down!
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
I think bancor will redeem poloniex they love such coins and maybe he will repeat the fate of gnosis
I'll say, a-men to that!
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
I'm still interested in how quickly coins will go to the market, if I do not have time to buy them, then I will do it on the stock exchange. I think the project will be successful
I am certain this project will be a real success as it is a major game changer. That is, also, why I think this question is VERY VERY important. So, in case the ICO is over before it starts, and that will not be the first time, will we be able to buy the bancor on stock exchanges (for example: poloniex)?
Sure hope so!
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
stay tuned. you can't afford to miss this one 
Do you know if they will take other coins or just ETH.
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
ico delay?
I understood it is going to be announced this week so it probably very soon
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
I hope BTC direct investment in the ICO will be an option.
the reserve currency that they hold for BANCOR is ETH so you have to be carefull on the details, when they will anounce it, because is posible to only be available for eth.Does that mean we can only participate using ETH?
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
Any updates regarding ICO Date?
nope
I am looking forward to join this amazing ICO
Same here - are the going to announce the exact date this week?
on the first page is written, the ICO may 30, the launch was moved? how did I miss that new date...
read this: https://bitcointalk.org/index.php?topic=1789222.msg19171180#msg19171180
is there a speculation of when the ico details would be released?
Galia mentioned the end of the week for an update
End of the week or over the weekend?
Taken from >>> https://t.me/bancor (...... brilliant group suggest you'll join)
A quote posted by Galia recently "We know everyone's awaiting on the big announcements and we're getting everything in order for a proper reveal later this week. Please stay tuned and in meantime any discussion about the protocol, use cases, questions, partners, ecosystem developments etc. are more than welcome..."
Thank you.
Great news - can not wait
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
Any updates regarding ICO Date?
nope
I am looking forward to join this amazing ICO
Same here - are the going to announce the exact date this week?
on the first page is written, the ICO may 30, the launch was moved? how did I miss that new date...
read this: https://bitcointalk.org/index.php?topic=1789222.msg19171180#msg19171180
is there a speculation of when the ico details would be released?
Galia mentioned the end of the week for an update
End of the week or over the weekend?
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
bancor is making so much noise in the crypto community that it will become a self furfilling prophecy.
That still remain to be seen, but one thing I give them - they are a professional veteran team of highly experienced entrepreneurs
Bancor is a life time opportunity just invest in it and after this enjoy a luxurious life after hold of just few months. I also really impressed to see the great job of this team and they dedicated to this project so no doubt this is mega project in crypto universe.
I second that, but the big question is - will we be able to buy in time and during the ICO? Mission impossible in recent ICOs, but lets hope they'll give us enough time to buy - i'd real like to get my hands on some of thier tokens (..... they could be the next Google)!
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
What sort of money are people keen to put towards such a Project ?
I can not speak for others but I made a very-very good run on ETH in recent months (over 500%) and Bancor is my next target. I plan on shifting a certain % of that but not more than a thousand ETH.
i would put my bets also to eth
to ETH? i would bet that bancor rises more than ETH atleast short term
Yep I think I'll do the same.. Move some Eth into ICO.
Yeah, Ethereum ICOs are becoming really successful, but I just have a feeling that we are closing in on a period where ICOs would start dumping when they hit the market just like late last year but we can argue whales are the ones that hijack most of those ICOs
I think you are right, 'whales are the ones that hijack most of those ICOs'. I hope that with Bancor it will be different!
It will only happen if they'll time-cap it. That way they'll be able to raise sufficient funds and would also give us the opportunity to participate and support them - i'm a great believer/supporter of Bancor and everything that can bridge the old with the new world!
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
Bancor is nothing more than a merger of 2 already existing platforms. First is the ability to seamlessly swap one token for another. This is what shapeshift does and it does it very well. Second you will have the ability to create any tokens you want with ease. This is what the waves platform does. Waves platform is also a dex where the created tokens can be traded. Sorry but Bancor sounds like a loser to me
Surely you can't be serious. You are comparing an internal, automatic swapping mechanism in Bancor with a third party web site (Shapeshift) which is simply a front end to another third party web site (the exchange). Bancor is the ultimate in liquidity, sending your coins to one web site and hoping they can connect to another web site to buy or sell on your behalf is not.
https://blog.prism.exchange/blog/introducing-prism-the-worlds-first-trustless-asset-portfolio-platform/
Shapeshift already beat them to the punch. Here is your customized decentralized asset mixture that can be swapped out instantaneously
Don't think so - bancor is protocol and prism is just a tool!
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
I would really like to hear from Bancor team about ICO date. I'm sure they are busy but i'd appriciate just a statement.
BTW great news!
BTW great news!
they said details will be out by the end of the week
I sure hope so - we're waiting!
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
Please partner with WINGS.AI 
You mean like ....... "Bancor gives you WINGS"
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
I am seriously considering investing in Bancor, but I have this nagging question in my head that hasn't been answered yet:
How is Bancor's token any different than any other token? Are the following statements accurate:
1. You buy it with another ERC20 token. Now you have Bancor token.
2. You sell Bancor, use it or hodl.
3. Bancor's price goes up or down based on the buy and sell ratio of Bancor.
Bancor presumably answers the liquidity issue, but what makes Bancor liquid? Isn't it the same as what makes any token liquid, buys and sells?
Not fudding at all, I want to invest! Please help me understand.
How is Bancor's token any different than any other token? Are the following statements accurate:
1. You buy it with another ERC20 token. Now you have Bancor token.
2. You sell Bancor, use it or hodl.
3. Bancor's price goes up or down based on the buy and sell ratio of Bancor.
Bancor presumably answers the liquidity issue, but what makes Bancor liquid? Isn't it the same as what makes any token liquid, buys and sells?
Not fudding at all, I want to invest! Please help me understand.
So the BANCOR token will be the first of the smart tokens. What makes it liquid is the exact same thing that makes every other smart token liquid: namely that when you are buying/selling smart tokens to the smart tokens' contract, the contract itself is the entity that is selling/buying.
Up until Bancor, the only way to sell is if you can find a buyer who wants to buy what you're selling at the price you're selling it. With the Bancor protocol, the smart tokens' contract is always available to buy from and sell to.
But is it actually buying my token or am I just trading my token for a Bancor token? Bancor tokens will have to be liquid themselves in order for me to buy/sell them. I'm having a problem identifying the difference unless I'm stuck with a token that has absolutely no liquidity itself in which case how does it help Bancor's token? I'm not seeing how this is any better than trading on an exchange and choosing any token/coin I want.
They will hold the reserve in ETH to make us able to buy or sell bancor. It does not need to be listed on any exchange for this.
I'm not sure I understand the difference between buying a token with another token and trading a token for another token. If you were to buy BANCOR from the smart contract, you would send your ETH to the smart contract (which would be added to its reserve) and the smart contract would mint new BANCOR tokens (at the price it calculated at time of trade) and send them to you.
Like I said, Bancor tokens are liquid the same way every other smart token is liquid. The smart tokens' contract is the thing you are trading with (as opposed to exchanges where you have to be matched with another party to make a trade). That is why it is always liquid.
The biggest reason that Bancor is better than exchanges is that EVERY conceivable currency in the world, even small ones like community currencies and loyalty points and in-game currencies, will be fully liquid. Exchanges only make currencies with high trading volumes liquid. With Bancor, the long-tail of currencies can be created (alike to how youtube enabled the long tail of videos, how Instagram enabled the long tail of photography, etc.).
There's also the fact that trading on Bancor will be cheaper than on exchanges (no/low fees), that you can create smart tokens that serve as token baskets (kind of like ETFs), and that it is decentralized and therefore cannot be DDoS'd or otherwise easily attacked.
I can see some advantages to that (which is why I'm interested in the first place). However, I don't see this as an alternative to exchanges. If I trade one token for another on an exchange I now have the new token. If I trade one token for Bancor I now have Bancor Tokens. I don't own the tokens inside Bancor outright. I have an ETF basically as you say. An ETF Token, which, is cool and maybe that's really all it is when all is said and done and all the fancy math is complete
Right
Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
What sort of money are people keen to put towards such a Project ?
I can not speak for others but I made a very-very good run on ETH in recent months (over 500%) and Bancor is my next target. I plan on shifting a certain % of that but not more than a thousand ETH.