BANCOR vs BAT ICO BAT ICO is tmrw, ETH might be way the fuck

fuck bat

team bancor ftw

>>2235465
BAT guys have shown over the past 48 hours that they are literal retards, probs still gonna rise above the ico price due to lingering interest though. Trust the jews for once anon, bancor is sexy

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>>2235482
Worried Bancor is lagging on the details. But Im gonna drop some ETH on this one lads. Always go with (((Them)))

whats bancors ico price?

Ok, I'm a fucking retard and can't make sense of the concept of this shitcoin.

My low-iq understanding of this is that bancor is supposed to convert into different currencies? How? It can't possibly increase the supply of eth for example, can it? If it can't then whats the point of this?


Other shitcoins go shitcoin->bitcoin->different shitcoin.

It sounds like Bancor is planning on going shitcoin(Bancor)->different shitcoin straight away? Wouldn't that be up to the exchanges?

>t. brainlet

>>2235465
Do both.

I've got $15,000 max to invest. still not positive what numbers I'm putting in BAT and Bancor but i am 1000% getting at least $1,000 bare minimum. I'll probably settle on $3,000 each. DESU I wish something better would come out of these ICOs. I wish we had something like Stratis pop up. enterprise software is automatically really good.

Quick question, can I use Coinbase to buy the ICO? Or do I need another wallet?

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>>2235507
Has not been announced yet

>>2235515
Another wallet

>>2235515

you need an eth wallet that is ERC20 compatible. like my eth wallet.

You need ETH, which is why timing is critical right now. ETH is suppose to go up a lot by tmrw morning

can i invest like 3 eth in bancor?

>>2235542
yea

>>2235542
I'm putting in 5 of my 7 ETH, wish me luck boyz

>>2235542
I will buy it with all my eth because of Galia.

>>2235508
read the fucking white paper

jesus christ this board is full of literal retards

>>2235508
>It sounds like Bancor is planning on going shitcoin(Bancor)->different shitcoin straight away? Wouldn't that be up to the exchanges?
Bancor is going to be the reserve pool for shitcoins. You convert your Bancor to shitcoins at an automatically calculated ratio based on the current reserve and the ratio of the initial reserve pool to the initial supply (CRR, constant reserve ratio). By converting your bancor into a shitcoin you increase the current reserve, thus making the shitcoin price go higher.

As for eth it will likely be done via token changers. You convert your bancor into a token changer and then convert it to eth from the reserve pool. They are going to get loads of ETH from the ICO, plus the ETH reserve pool increases each time someone converts his ETH to the token changer to buy BANCOR for ETH.

>>2235589
putting w/e i mine before tomorrow (0.05eth ) on it so wish me good ratio's luck

>>2235612
also there is no exchange, there is no second party, only you and the protocol
conversion is a better name

will it work from myetherwallet?

sheeit I really want in on this Bancor ICO.

So, can someone help me understand the process. Do i have this correct

1. Wait for ETH address and data string to be posted on Bancor website
2. From My Ether Wallet, send to the given address and data
3. Tokens will be sent to My Ether Wallet

is that all there is to it?

I'll throw an ether or 2 on (((bancor)))

>>2235611
In his defense, he did admit to being a brainlet.

>>2235846

you need to do it on the right block too

>>2235789
yes

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>>2235612
This is essentially fractional reserve banking for shitcoins, yes? (((They))) want their hooks in this industry and this has very devious subtext to me. I trust them to siphon money no matter the damage to any system though so the opportunity to scam from the beginning on (((their))) plot is one I won't miss.

>>2235997
What do you mean on the right block? Starting my research now but so far I have a myetherwallet with 4 eth in there. I transfer those to the address for the ICO?

>>2236023
when you carefully study it, it's fucking amazing. 99% of the retards on /biz/ still haven't understood how revolutionary this is

>>2236026

Seconded.

>t. brainlet

>>2235846
>>2235997

So, if I send some ETHER from my MIST wallet to the BANCOR ICO, at the end they should automatically send me the tokens and they will appear in my MIST wallet, correct?

Why not both?

I will got all in Bancor
Call me a crazy I don't give a fuck

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how do I buy Bancor please help

I have never participated in an ICO before

>>2236173
Same here I guess

30k and the lambo will be mine

>>2236192
here's how to do it with BAT. I assume Bancor will be largely similar

https://basicattentiontoken.org/wp-content/uploads/2017/05/BATCrowdsaleHowTo_myetherwallet-1.pdf

>>2235612
This sounds like nonsense to me. Poswallet sounds more useful.

Whats the catch again?

And I can't invest with BTC? I don't want to buy ETH at the peak of this pump.

>>2235465
What website is that? Also, can Jaxx wallet be used for buying into an ICO?

>>2236223
Also, im using Parity for ETH. Even tho I have never own any ETH, I have it installed.

when will you be able to control the bancor coins when you bought them? and when can you sell? once they hit the exchanges?

>>2236026
>>2236113

The right block means at which block of ETH mining the contract will be deployed.

You can follow the blocks on etherscan.io to get an idea when that block will be mined.

>>2236217
What's to stop an ICO platform from jsut taking all the ETH you send them and running?

The amount of retards needing spoonfeeding in these kinds of threads is amazing. "Hurr whats bancor? durr how do I ICO?" Hey dumbass, see that browser you are using? Type in Google.com and do a search you lazy fucking autistic thunder cunts

>>2236280
lots of things, I imagine. the possibility of lawsuits. the total shredding of the company's reputation. the possible criminal penalties.

>>2236280
ETH smart contract

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>>2236217
thanks

>>2236291
thanks

Someone please fucking post a total retard's guide to getting in on this Jewcoin ICO.

I have ETH and a bunch of alts.

I know I need to send ETH somewhere to get in on the Jewcoin. How do I go about doing this?

Step-by-step-by-step. I have been in on cryptos exclusively for the money and with barely any technical knowledge whatsoever for way too long.

Sign your post with an address so I can send a tip for your efforts.

Thank you.

>>2236342
See
>>2236217

>>2236342
TL;DR
They will post a manual before the ICO with all the details you need. Today I did my first ICO with Mysterium, had to get a myetherwallet.com and just send the ETH to the address from the manual with my personal key they provided.
Can't give more details until they do, Bancor ICO is still TBA.
ETH 0x1375f6d7e476303ba37401c120e7f4268ef998fa

BAT are not refundable and are not intended to be a digital currency, security, commodity or any other kind of financial instrument.

erm guys?

>>2236244
Careful with Parity and ico runs. I tried to use it for the mysterium ico today and it crapped out on actually sending transactions.

>>2236382
That means they won't refund you. You can still trade on exchanges. This is just cya legal shit.

>>2235465
>BANCOR
can the Jews do it? will they make us rich?

>>2236396
Which exchanges will BAT be on though?

No one knows nothing yet right?

Don't 99% of ICO's plummet after the initial offering?

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>>2236419

99% of ICOs were not sponsored by the Jerusalem Post

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Can I participate with the coinbase ETH wallet in this newest meme to lose money?

>>2236039
Do you think this kills the btc? Eth has solid fundamentals and allows (((them))) a foothold with little worry of chink miners causing grief. They can bank it and become THE alt exchange. The wellspring for all sorts of new shitcoins and collect eth whether the coins fail and especially if they succeed.

>>2236457
It will definitely help to kill the BTC if you end up not needing an exchange or BTC to buy shitcoins.

I was going to go balls deep into BAT but there have been some red flags the last few days. I might put a bit in there still but probably most into Bancor. Missed Mysterium thanks to Parity fucking up, not gonna miss Bancor

>>2236456
nigga do some research unless you want to lose it all.

actually fuck it yeah do it from cb

>>2236173
I'm putting 3 BTC into it which already has the potential of making me a millionaire if this reaches its potential, this could well pull a STRATIS.

friendly reminder if you had bought stratis @ ico you would 50 000% roi right now. this was less than a year ago

I just watched this:

https://www.youtube.com/watch?v=6s6iMaS1Ewo

And I still dont see what's the catch. It's too convoluted. Why would this go up in price? who cares about this mess?


>>2236396
so what wallet do I use? I tried to install a full "Ethereum Wallet" node and it's absolute garbage, it's impossible to download the blockchain.

>>2236776
can you explain whats the catch with stratis?
why did it go up so much?

most ICOs are shit

bancor is literally a ripoff of WAVES made by literal kikes

>>2236419
Not really, most ICOs don't outperform ETH but plenty outperform bitcoin and fiat.

>>2236457
when you understand how BANCOR works, you undersand it will be like an octopus sucking life out of every coin. It does a lot better than ETH what has taken ETH from 7 dollars to 250 dollars.

>>2236776
Wrong, its up to 70000% now.

>>2236855
stratis was actually a really good idea. never even heard of it until a couple of days ago so i'm fucking mad about it.

>>2236419
maybe in 2015

>>2237031
I can infer a general notion of bancor's purpose but it's still unclear how the actual mechanism(s) function to me. I don't get how altcoins get liquified without it being a bumrush price gouging from bagholders looking to unload

>>2237064
>>2237031

For instance, I have 100,000 infinitecoin that I doubt I'll ever sell, and there are 90,596,274,910 of them. How would Bancor give IFC liquidity? especially considering how many bagholders there are and that those bagholders won't all come out at once if ever

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>>2237031
What are you talking about? BANCOR is an ETH subtoken...

https://www.youtube.com/watch?v=vzBy5OUPGLA

also this just seems like a shitcoin generator. Is that all?

There are ways to create your own cryptos already in easy ways, not as fancy tho.

>>2237032
But against what?

It says "BTC ROI SINCE ICO: +229.70%"

What is this %?

If you put 1 BTC on it, you would only be +229.70% up?

I dont get it. What are those different %'s?

guy can i go sleep

>>2237095
BANCOR just provides liquidity, it's not going to increase the price of a shitcoin

The smart-token contains a basket of the shitcoin and other shitcoins and/or ETH in the current market price of the shitcoin, if you convert shit -> ETH the conversion value of the shit will fall within the token, if you convert ETH -> shit the conversion value of the shit will rise within the token, arbitrage will ensure the values are similar within the token and on the open market

>>2237232
Why does the BANCOR itself token would go up in price over time?

>>2237232
so the bags act as a decentralized exchange with no fees and you can "sell" your coins into the bag for ETH?

Is BANCOR the bag? The "money for money" concept is misleading to me here. It sounds like BANCOR is the "Money" for other currency somehow?

>>2237219
Once you wake up you will miss the ICO.

>>2237258
it gets used because of it's extreme convenience, more money in bancor aka coin is worth more...

>>2235493

What are you talking about?

>>2237279
when is ico though

>>2237291
Nobody knows.

>>2237300
they'll announce a date it's not like it will happen the minute after it's announced right

>>2235465
>that STRAT ROI

Jesus fucking christ

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>>2237349
>strattis now at 80 000% +

how the FUCK does that even happen and how do we find the next one???

>>2237281
so its just like having a share of a company?

Didn't ICONOMI try something similar? price is stagnating.

>>2237406
The next one is BANCOR.

What is this screenshot taken from?

>>2237430
why? i dont understand how the coin will appreciate in value

help a brainlet?

>>2237192
>What are you talking about? BANCOR is an ETH subtoken...
wrong. The BANCOR's token is compatible with the ERC20 standard but it isn't an ERC20 token. Why are people on this board literally illiterate and incapale to read whitepapers?

>also this just seems like a shitcoin generator. Is that all?
actually their way of doing things means they will give rise to coins that are actually used irl

Is Bancor the real deal guys? I need a win :(

>>2236997
this

>>2237478
So why I can't buy BANCOR in exchange of BTC? why im forced to buy memereum to buy it?

Also how much BANCOR for 1 ETH in the ICO?


Someone said 1 ETH = 1 BANCOR...??? whats the point? unless the Bancor total supply is tiny, I dont see how im getting rich from this shit.

>>2237772
no one knows the ICO details yet anon. The 1eth = 1 bancor was just an example.

>>2237772
full value proposition explained here
https://www.youtube.com/watch?v=6s6iMaS1Ewo&t=240s

When is the bancor ICO time/date?

>>2237963
hasn't been announced yet

>>2237963
not yet known

>>2236997
>ripooff of WAVES
Is this true though?
All I hear about waves is the fiat-out integration, I don't see them talking about completely replacing exchanges

BAT is fucking garbage. Who is going to install a completely no-name browser that says it tracks you to determine pay out to advertisers when they could just use adblock like a normal person and receive none at all. Not normies. Not tech savvy people. Nobody. This is gonna drop below ICO price and stay there.

>>2238249
you don't need the browser. there are plug-ins for the major browsers

>>2238259
Source

t. didn't read the whitepaper

>>2238249
>Mozilla founder
>no name.

kek