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HOW TO CRASH BANCOR WITH 2 ETH (Why not to buy bancor thread)
Dear 4chan,
Hi,
I am writing you on behalf of the anonymous legion, a cryptocurrency trading agency based in Lamboland.
Our best crypto traders noted that if ((( someone ))) code script that automatically loop around 2 ETH worth bancors between smart token & price floor, you can create around 200k transactions with a current price (0.010002), including transaction fees. That's should be enough to eat whole remaining price floor.
while(eth){
Buy smart token();
Sell through price floor();
}
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>>2799761
wow do you have a masters in comp-sci? because you clearly know a lot about code and how it's written.
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>>2799773
No, I don't have
I just wanted show a bit simpler what i meant
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>>2799761
did you people all started sniffing glue when the bear market started?
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>>2799761
and here's why that won't work: http://vitalik.ca/general/2017/06/22/marketmakers.html
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>>2799761
are you seriously that retarded and think this would work? lmao nobancs are so stupid
>>
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>>2799823
>>
bumb
>>
Trying to crash Bancor is like trying to push a bus that's already hurtling off a cliff at top speed
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>>2799823
of course if you read this in detail, it only applies if the price of the currency pair is NOT fixed by the market maker to an arbitrary value, and is instead determined by the /supply/ of each pair that the MM holds... you did read this properly... right... right?
Thread posts: 10
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Thread images: 2