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/BANCOR/

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Thread replies: 168
Thread images: 31

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Bancor ICO terms are out, it'll be uncapped for an hour:
https://blog.bancor.network/bancor-network-token-bnt-contribution-token-creation-terms-48cc85a63812

>we’ve decided to allow a short, “minimum time”—1 hour—during which all contributions will be accepted regardless of the cap. After the first hour, the fundraiser will have a hidden cap that will be revealed only if the collected ETH reaches 80% of the limit. If funds collected in the first hour reach or exceed the cap, the fundraiser will end immediately thereafter.
>>
1 ETH = 100 BNT
>>
>>2296788
I honestly don't know why people think this is important, if the tokens are divisible. It makes no practical difference.

Is it a psychological thing?
>>
THIS is HUGEEEEEE for us poorlads. Rejoice!
>>
so do I have to wait for it hit exchanges to buy with btc? If so when will they hit exchanges?
>>
>>2296811
yes, it is.
people expect a token with smaller value to double,tripple etc quicker than tokens with higher prices.
>>
>>2296823
this fucking sucks for non-poorfags who bought in through BTC suisse.

God fucking dammit.
>>
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IT SILL DOESN'T SAY IF THE USA CAN PARTICIPATE

REEEEEEEEEEEEEEEEEEEEEEEEEE
>>
By my reading of it if the first hours worth of funds - measured AFTER that hour - hit their limit then they end the fundraising

That first hour looks to accept all contributions regardless of the cap (which is an anti whale mechanism and desirable)

Good look

Also, the vesting period inspires confidence

>still hyped
>>
Also, how exactly would having a 1-hour period open free-for-all ensure that 4 whales aren't getting 99% of the tokens? It's not like poorfags with their 1 ETH buy-ins will get a sizeable piece of the pie

If anything, this will get a bunch of weak hands on deck for a big dump when it hit the exchanges.

>Yes salty because I bought from BTCSAG
>>
So how would I purchase it? I send my ether to where and how would I get Bancor in return?
>>
>>2296845
idiot, if you would have listened to the devs saying bat won't happen and the BTC Suisse is basically for nocoiner noobs you wouldn't be fucked
>>
>>2296843
That's fucking retarded desu.
>>
>>2296845
Well, rumors had it that they wanted to enable everybody to participate. Also, why would you sign up through BTC Suisse when you didn't know the details of the actual ICO. So yeah
>>
>>2296861
Better something than nothing.
If this shit syphons cryptos to make a bank you can expect it to reach levels of ROI far higher than stratis.
Stratis=x1000 since ico
>>
>>2296901
Yeah no, do you know how much Stratis raised? Bancor's extremely hyped up and will be *uncapped* for 1h.
>>
If its uncapped for 1 hour do we still need to give id and our first born daughters virginity to participate. I want to avoid the mountain jews at bitcoin suisse
>>
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>>2296764
Thank you, first IPO for me. Been reading up on it, can you recommend a decent source to read on how this will all work out? US citizen here and sounds like we get fucked from what the posts are saying.

I want to moon mission my family into the future with this one.
>>
>>2296900
because they specifically mentioned there would be a hard cap...

now they've basically turned it into a fully-fledged uncapped ICO. there is no way in hell they don't exceed their "hard cap" within the first hour.
>>
>>2296854
Would like to know this as well

They might allow it since Bancor is US-based
>>
>>2297169
Only the finest Jewish Tricks from this ICO.....BAT should have done this
>>
>>2297110
brainlet here. so does this mean im gonna get rich or no if I go through with my payment to credit suisse?
>>
so from what I understand, you can send eth to the bancor adress from myetherwallet and get paid in bancor coin?
>>
>>2297198
oops meant for >>2297169
>>
>>2297200
>myetherwallet

kek
>>
>>2297213
It basically means you won't have the same overnight 10x that BAT basically had.

Personally I still think it's a good investment, but you should be prepared to hold for a few weeks at least.
>>
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THIS COIN HAS SO MUCH TRICKERY THIS EARLY

WHAT IS GOING ON
>>
>>2297265
With jews you lose.
>>
>>2297169
Read the link OP posted. That just went up 20 mins ago. As it says, more details will be released a few days before the event. Those are the only details we have now. Here is their twitter, which they posted the crowdfund link on just now:

https://twitter.com/BancorNetwork

I strongly encourage Anon to spam them with "will USA be able to participate?" replies for a faster response to calm Anon's sweaty hands.

I'm gonna go big personally and put 50% of my portfolio in on this ICO...if USA actually can participate, that is.
>>
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>>2297284
Is it really (((uncapped))) or does it have a hard limit, what is the hard limit ?

Why are they being so shadowy already
>>
>>2297228
?
>>
>>2297284
same here. going half in if I can get on the ICO. Signed up for emails but haven't gotten shit
>>
>>2297074
No, you can just send the ETH like in a normal ICO. There's no reason to go through mountain jews now unless you're a normie pleb with filthy fiat.

>>2297110
Just send your ETH to the contract address, they won't ask for your ID. Who gives a shit.

>>2297198
It's uncapped so the upside is diminished. Don't expect insane gains after exchange listings.

>>2297317
Yes it is uncapped for an hour. Said pretty clearly in the OP and their post.
>>
This is going to sell out in seconds.

How do we make sure we can get some? And can Americans participate?
>>
>>2297317
>dealing with jews

Why do u even have to ask?
>>
>>2297317
It is uncapped for 1 hour with a hidden market cap. After that the ICO will end when cap hits that hidden sum. It might exceed the set market cap during the first hour though, but they don't care about that - therefore uncapped.
>>
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>>2297383
THOSE FUCKING (((SCAMMERS)))

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
>>
>>2297387
Its uncapped for the 1st hour.
>>
>uncapped

So this will hit 1 billion market cap right from the start?
>>
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>>2297387
Can you people not read?
>>
>>2297383
so if im not gonna get my lamborghini then why bother. might as well go back into stratis and ark
>>
>>2297425
yes but the first hour in unlimited

so technically they could hit 1 billion in 1 hour considering this is the most hyped ICO ever
>>
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>>2297416
Just answer the question

Do I need to make some kind of Bancor wallet or what?
>>
Thank god those Bitcoin Suisse kikes didn't get back at me yet.

Gonna cancel that shit real quick
>>
>>2297433
fucking mountain jews
>>
>>2297430
That's only 1 million ETH.

Yeah they're gonna fucking hit that in 1 hour easily.
>>
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>>2297430
They are genuinely going to ruin there own token ?

.......................................................................................................................................................................sigh these greedy devs are just sad
>>
>>2297440
makes me scared of buying in

if it already starts with a huge MC there's not even that much room for growth
>>
>>2297407
Probably not a billion but yes there's a chance it'll start off with a very significant marketcap.

Worth noting that only 50% of the BNT is even for sale so it'll start off at [$ raised] * 2.

>>2297431
You people shouldn't even be participating if this is so difficult.
>>
>>2297433
Same here...i was going to send mETH to those filthy mountain jews but now I will keep it and spend it all on (((Bancor)))
>>
can I get a quick rundown on bancor?
>>
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>>2297453
DO I NEED TO MAKE A BANCOR WALLET OR WHAT

WHERE DOES IT GO WHEN I BUY IT?
>>
>>2297473
ETH based tokens can be hodld in an etherum wallet like https://www.myetherwallet.com/

You send ETH and they send you the token
>>
>>2297473
No, use an exchange.
>>
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>>2297473
Seriously if you can not figure this out you should just stop and go buy index funds or something. It's an ERC20 token on Ethereum. You get the BNT back to the address you the ETH was sent from.

Thanks for making me worried about this bubble again. Definitely still the early-adopter phase am I right haha guys?
>>
FUCKING BULLSHIT. Everyone who invests now will not make a lot. These fucks will get at least 300 million, probably a lot more since BAT got over 30 million in 15 seconds and this one is even more hyped.

So annoyed since this one has so much potential.
>>
>>2297448
Of course it will make the gains smaller. I'm fine with that because it means at least I'll be able to get in as much as I want.

I also think this will scare whales off who expected big gains like that and now see it as a risk.

But I'm glad the team is doing this because it makes me think they're competent and I actually think it's a great solution.
>>
>>2297527
I'm so fucking happy because fuck you whales and people chasing 20x gains in an hour.

If you believe in it buy in and hold for 2 years. This will keep idiots away from the token.

Also buying into BAT as soon as it hit exchanges has net me 7x return already so you people are idiots.
>>
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>>2297527
At least we can laugh at the potential Bancor could have had

BAT is another destined to fail, (((greedy))) devs and Whales make a great combo for a coin!
>>
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>>2297530
>devs taking unlimited money from the public is a great solution to stopping greed from ruining a company before it's even developed
>>
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WE NEED TO KNOW IF AMERICANS CAN PARTICIPATE THAT'S LIKE 90% OF THIS BOARD
>>
I think the whales are going to employ a new strategy - slam the address with tons of small deposits for the 1st hour making it hard for others to get in. Reveal the hidden cap if not hit yet, then max it out.
>>
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>>2297576
There's NO cap for the first hour, which makes it pointless, like Tezos and BAT

Just GREED
>>
>>2297554
I doubt BAT is going to go under 2000 sats again now so buying in was still a great decision.
>>2297569
Yes newfags, let the panic overtake you and don't buy in at all. It means more for me.

You idiots haven't got a clue what you're talking about.
>>
>>2297596
Again you STUPID FUCK.

I bought BAT as soon as it hit exchanges and made 7x since then. Not pointless you idiots are just too whiny about the ICO to not get in.
>>
>>2297598
Just because Whales haven't dropped some BAT yet and they probably wont for months, doesn't mean you're not retarded
>>
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>>2296861
whale have large, but limited, resources, an uncapped hour should dissuaded whales from dumping as much capital into the ICO as the post-ICO pump will be muted as a greater percentage of buyers will have been vested already
>>
>>2297598
>I doubt BAT is going to go under 2000 sats again now so buying in was still a great decision.
HAHAHAAHAHAHHAHAHAHAHAHHAHHAHHAHAHAHAHAHHAHAHHAHARHHAHAHHHAHAAHHAHAHAHHAHA
>>
>>2297626
>he doesn't know almost all the coins he buys are held by a few people and BAT's demographic is actually the norm
>>
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>>2297611
You're a literal brainlet, I'm sorry you can't understand finance or crypto. Please enjoy your short term gains
>>
how much will the Gas cost be during that hour?
>>
>>2297626
You honestly think BAT will crash to 2k lmao
>>
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>>2297527
>whale mad he can't PnD
cry maor faggot
>>
>>2297683
BAT had people paying 24 ETH on gas alone

That shit sold out in 24 seconds.
>>
>>2296854
>>2297193
>>2297570
https://www.bitcoinsuisse.ch/bancor/

>N.B: Due to the regulatory landscape in the United States, we unfortunately do not offer our services to US clients at the moment.

We're fucked
>>
>>2296845
Anon, I don't understand this whole uncapped thing
I put in 2 BTC thru buttcoinSuisse
Why is this bad for us?
Can't we just contribute via the general crowdfunding when it opens also?
>>
In all honesty, can't whales just make a million wallets to make a million purchases and congest the network for an hour?
We all know they used bots for BAT...
>>
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>>2297708
what if you have a vpn?
>>
>>2297707
this is why i might go with the Jew bitcoinsuisse option
>>
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>>2297569
>better the whales who dumped 50 ETH on gas get the capital than the devs of the project
>>
>>2297708
there is no way they'll not let american in. they had fucking presentations in the USA
>>
>>2297731
You need to scan your ID and proof of residence
>>
>>2297708
Those are mountain jews though

We need a statement from the actual Bancor project
>>
>>2296764
500 mil market cap? Even X10 looks very hard for this.
>>
>>2297720
It's "only" bad because you will probably be able to buy that presold amount at the ICO during the uncapped hour without all the fees. Also, it will not go 6x like BAT when it hits exchanges, as a LOT more people got in during the ICO as opposed to the 30sec whale domination ICO of BAT
>>
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>>2297731
You need ID scans, bills, photographs, signed documents and a $100 fee

[email protected] , I have entered via bitcoin and will enter on your behalf for a $50-100 fee depending on amount you are investing

wallet: 1NcmtraRWyQ6o2a2JKpf9Nh5dLbkscWmba
pic related
>>
>>2297724
Nigga u read the OP??
>>2296764
everyone gets in for 1 hour
>>
>>2297661
>Making 7x gains in a day is losing
lol
>>
>>2297383
Have the put out a BNT wallet generation tool yet? I didn't see one on their site.
>>
>>2296764
>Mfw golem gets brass relased on 11th by pure luck.
>Mfw i can finally sell half of it and put it on bancor.
>>
>>2297787
i'm sorry, did you cash out? if not, you didn't make anything. get ready to get your ass dumped on polo. i'll buy your 20% ICO bags.
>>
>>2297756
shit now I understand
Fuck those Bancorksuckers
>>
>>2297804
>did you cash out.
Yes, brainlet.
>>
>>2297724
I don't think that'd be feasible. You'd just raise the gas price enough to get in within a reasonable timeframe.
>>
>>2296854
>>2297708
just use vpn during the ethereum crowdsale, niggers. I doubt there would even be a need for that though, just press a button that you're not a us resident and you're good.
>>
>>2297453
when will the rest of the tokens be released?
>>
>>2297836
It did have a cap and it did not reach 75 million.
>>
>>2297836
how's their ROI looking since then?
>>
>>2297817
>brainlet
>buys as soon as something is put onto the exchange when 200 whales own it
you don't know what that term means

and every single post ITT you say you have made 7x "since then" and "already" leading me to believe you're lying because you don't want to show how stupid you are by holding BAT right now.
>>
>(((UNCAPPED)))
REEEEEEEEEEEEE

Unsure whether to see if btc suisse approve my documents, there's no way I'll be able to buy during the ICO.
>>
>>2297854
Huh? Sorry I couldn't hear you from my BAT-funded yacht.
>>
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Give me one good reason to not buy TKN right now

https://blog.bancor.network/bancor-and-tokencard-announce-partnership-be5575e2ce6c
>>
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Okay, let me get this straight?
50% of the coins will get to the "funders" aka goyism through ICO and Presale at 0,01ETH per BANCOR.

There will be NO cap for 1hour. Some guy in the slack calculated that the limitation of sending ETH in one hour is approx 1million.
So that would be the cap because ETH does not work any faster.

At the same time these kikes hold 10% of whatever BNT will be created in this hour (if 1million ETH they will have approx 24million dollar).
Additionally to that 20% goes to "partners and contributers" aka their jewish family and friends through talmudic nepotism. Another 50 million dollar.

And it doesnt even stop here, because of the 1million ETH the ((((((((BANCOR FOUNDAITON)))) will hold after the hour they will be one of the biggest ETH holders on this planet. Just in comparison: DAO owns like 10million.


You got to hand to these kikes. They play six-garillion-dimensional chess we goyim cant even begin to fathom.
And THAT my friends, that is the reason why antisemitism exists.
>>
>>2297915
maybe you should spend some money on a hearing aid then :)
>>
So what exactly are the options for buying in for Americans and does it even matter when you can just send your eth to the address?

I don't want to bank everything on being able to get into the ICO

So you can buy BTCSUISSE, try to send to the address, what else? This is my best chance to turn my 2.5 eth into anything
>>
Consensus from reading this thread.
ICO will sell out in 1 hour. If it doesn't sell out in 1 hour we're all fucked. The devs are eth grubbing jews. You might as well wait for it to hit an exchange.
>>
I made the deposit with bitcoin suisse, but they haven't converted to ETH or anything yet. Can i get them back possibly?
>>
>>2297945
History of money. Give them your gold and get paper for that. Soon they lent paper and take interest. They now create gold by writing numbers on papers
>>
>>2297945
true.
but as someone already mentioned the uncapped sale may drive away some whales because the instant profits after it hits exchanges wont be as much as 3-5x like the BAT ico
>>
so these bancor tokens can be sent back to my Mist wallet?
>>
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>>2298029
>>
what's everyone doing? buying during ICO or when it hits the exchanges?
>>
>>2298084
Shit on this. They try to own the money system again.
>>
>>2298084
Well I don't know now. I'm still thinking. Maybe I should invest something in the low cap altcoins instead.
>>
>>2298147
DCorp ICO still running
>>
>>2296764
so i can genuinely buy without going through the fucing suiss?
>>
>>2297945
This

Bancor is going to ruin crypto just like how jews ruin everything else
>>
im definitely not prepared anymore to go 50% of my portfolio in on this...
>>
>>2298190

Yeah and we can cry about it for the rest of our natural lives or get a stake in so we can enjoy ourselves
>>
>>2298190
Yep they create a kind of meta coin which is a higher form of the coins so they own all coins then.
Like I said. They take our gold and give us paper money and still they will succeed cause we are all greedy Bastards
>>
zzzz moon potential is surely reduced on this? Was going to send my £2500 to the mountain jews tomorrow too. Might reduce that to 1k in the ICO.

Realistically though, surely a good proportion of potential investors won't be able to place orders during that hour (work etc.) ??
>>
>>2297945
>Some guy in the slack calculated that the limitation of sending ETH in one hour is approx 1million.
What?
>>
What? Is this a joke?

Basically, we are getting an ICO that is not capped (technically during the first hour people can send 200 million or 300 million or 500 million USD which they will probably do, and the ICO will continue regardless). Aragon ICO collected 25 million in one minute, BAT even more, so Bancor can collect 900 million without a problem, good for developers and bounty hunters, not so good for investors.

Also initial CRR only 10%? With that amount collected (or any amount collected) you could definitely pick better CRR. Unless you are afraid that people will start dumping immediately. (Remember, that you can give your Bancor token back but for lower price if everyone starts selling and exchage is not required for that).

Also, why are you collecting only ETH? You should collect other ERC20 tokens too. What about collecting Wings tokens, you have partnership with them? And what about Aragon, which is one of the biggest crypto projects? Or any other ERC20 tokens? You are aiming to have token changers without those tokens?

Seriously, this is greed at it's finest. I really liked the project and now I am not cool with those terms. Change your mind and alter those terms:

- create hard cap at 100 million or lower
- accept other tokens (perhaps 10 million USD in various tokens that will sum up to 100 million)
- change the CRR

I think that most of us were expecting capping it high, at 100 million or even higher, but time capping the ICO is same as not capping it at all.
>>
>>2298259
It's 54000 tbqh, ETH can handle 15 transactions/second.
>>
>>2298227
well, theoretically yes. but you first have to make an ERC2 out of everything.
>>
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Team
Members


Guy Benartzi - Foundation Counsel

Eyal Hertzog - Foundation Counsel

Yehuda Levi - CTO

Galia Benartzi - Business Development

Ilana Pinchas - VP Engineering

Or Bachar - Core Developer

Asaf Rachman - Core Developer

Omry Rozenfeld - Core Developer

Mati Levi - QA Engineer

Itay Dreyfus - Product Designer


AHAHHAHAHAHAHAHAHAHAHA
>>
>>2298267
apparently someone calculated that in one hour, 1M ETH could be processed, so there is a limit to 1M x whatever ETH is during that hour, so right now like 245M.
>>
>>2298301
>It's 54000 tbqh, ETH can handle 15 transactions/second.
How did BAT get 125k ETH under 30 seconds then ?
>>
>>2298342
Wew

The funniest part is that they're going to succeed and end up running crypto
>>
>>2298342
>>
I'm out. I will just buy more ether instead selling the sole of crypto
>>
>>2298202
or we could go all final solution on them

for real this time
>>
>>2298448
This time they want the gas.
>>
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>>2298301
you can send an arbitrary amount of ETH in a single transaction
>>
>>2298475
Wtf.lol.
Look at slack. A lot guys are pissed and won't participate anymore.
>>
>>2298369
>number of transactions vs total value of transactions
>>
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>>2297527
Yeah, that's what you have to understand. When ICOs with mad hype hit the market the gains come from that hype alone. Will it be a good longterm hodl? Does it have real world application past the release? None of that really matters. Once it hits mainstream markets you'll still make 5x to 100x gains on it within a few weeks. Look at MOON. It went up to 6k yesterday after selling for 1k. Fucking MOON had 600% gains!

Whether you HODL after it hits the markets should depend on how strongly you trust the dev team, who is backing it outside of the crypto world, what techical and financial application it has on the larger picture, whitepapers and AMAs, etc.. But when going from ICO to market, really all that matters is that it has enough hype and that its not run by a scam team that will just take your ICO money and disappear.

Welcome the bubble. If you want to stay a pleb and reject such things, call yourself Anon. If you want to realize the prospects of proper social engineering and make use of them, then you can call yourself Anonymous.
>>
>>2298505
Perfect. Less people participating is exactly what I want.

The psychology is brilliant.
>>
>>2298505
for every intelligent person who decides not to there will be 100 prajeets throwing their ether at this. we've already lost.
>>
>>2298505
How'd you get access to that slack?
>>
>>2298573
>crypto
>bubble
it's one of you idiots...
>>
>>2297621
Soo worthless to invest, as it will be full of weak hands
>>
I just mailed BTC suisse and said they can charge me the boarding fee if they must but i'd rather have my BTC back than participate in the ICO. That's gotta be possible, r-right?
>>
>>2298638
I feel like the price is going to be much lower once it hits the exchange because everyone who bought in the ICO is going to dump hard
>>
>>2298677
yea im gona buy at the dip after it hits the exchanges.
>>
>10:00 GMT

4-6 in the morning for americans. This can only be a good thing hehe
>>
>>2298597
Let them play with that shit. As long as majority don't use this shit they can have their own game and let the real crypto community alone
>>
>>2297543
7x return ? Do you even math ? lol the lowest was 0.15 usd and max 0.3
>>
>>2298365
This has no sense. A transaction with 100000000 eth has the same computation cost than one with 0.01 eth...
>>
Speculators got fucked right? There will be no ROI anytime soon.
>>
>>2298972
then who knows
>>2299015
fuck speculators
>>
Will gas still be an issue for this?
>>
>>2298697
why would someone sell it for lower than they bought it...?

Unless a whale initiates a panic dump, I don't see it selling below ICO price.
>>
>>2299225
Simple: people buy for short term gains. But nobody missed the train so no gainzz at launch. No gainzz coming, people sell, bcp they didn't plan to hold long term
>>
so what happens if someone spams millions of low-volume transactions within the hour?

will the high-gas whale transactions still make it through or will it totally fuck the system for the hour?
>>
Reminder that the "hidden" market cap will be set after they see demand.

Already wasted 5k euros on this. Expect to lose everything.

Worst part is contributors get only 50%.

Gas the fucking jews already.
>>
>>2299263
Fair enough. Still fairly confident in the potential of the product/team.

Will be setting aside some ETH to buy more if it dips on the exchanges.
>>
>>2299286
you get 50% of what
>>
>>2299838

they are basically keeping 50% of the tokens
>>
File: CRYPTO_INVESTMENT.jpg (6KB, 164x250px) Image search: [Google]
CRYPTO_INVESTMENT.jpg
6KB, 164x250px
>Some concerns were raised about "Whales" absolutely ruining the coin before it's even developed
>to combat this, we are having an uncapped sale, as much money as we can recieve for 1 hour, then we will use our (((secret))) hard limit
SPAM THERE FACEBOOK, TWITTER, YOUTUBE


ENOUGH, THESE(((BITCHES))) HAVE TAKEN OUR MONEY LADS
>>
Is this some sort of coordinated FUD to get people to fuck off of the ICO?

I don't understand... this project looks like one of the most promising things I've seen in crypto in a long ass time.
>>
>>2300227
it is. it's literally going to take over everything.
>>
>>2300275
Bancor is the reserve currency of crypto. It's the equivalent to the SDR. It's literally the NWO, UN, IMF coin. And it's run by the chosen, who squeal in joy at the sound of world domination.

I'll buy this coin since I know it will be huge. But it's evil, no doubt about it.
>>
I have no doubt we all should hodl bancor. My question is: do you expect the price will be lower in the exchanges in a first period, because of the ICO inflation?
>>
>>2300494
just buy half at ICO and see if it goes lower at exchange and spend the other half there.
>>
File: 1495582959994.gif (2MB, 300x225px) Image search: [Google]
1495582959994.gif
2MB, 300x225px
>>2300592

Sound advice.
>>
Watch this start with a 200m cap

1hr min is toooooo long

10 minutes max
>>
>>2300628
>e processed, so there is a limit to 1M x whatever ETH is during that hour, so right now like 245M.

Who is that chick? wow.
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