BNT

when does the dump stop? bought 8k of those OBVIOUSLY at the 1.27 absolute local top and i'm feeling a little dizzy

cop or drop?

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Other urls found in this thread:

support.bancor.network/hc/en-us/articles/360010993500-The-Bancor-Airdrop-of-ETHBNT-Technical-Details-Timeline
twitter.com/SFWRedditImages

bal killed this shit. also getting hacked a 4rth time didnt help. + uniswap is making a token soon and will btfo this

sell low

>Wants to buy when price is up
>Wants to sell when price is down

Ngmi

This. Ded on arrival.

i was expecting a retrace but not 30 fucking cents
i dont know anything about the tech and honestly dont care but isnt the team supposed to make a big announcement sometime soon?

checked and also saddened

Im not sure how you see this retrace as BNT dumping the price has been mooning for weeks now and probably got too high too soon

V2 is coming shortly and assuming BTC doesnt shit the bed this shit will hit $2-3 pretty soon.

You are fucking retarded. I'm not even going to spoonfeed you. Fuck you.

if you hold bancor for any amount of time, you deserve to lose your money.

DYOR.

>brown id

just tell me that 1$ is the support and ill be fine

thanks for the bump

there is no support for BNT because there is no fundamental value of BNT. BNT is just a way to get ETH.

The price of BNT is 100% determined by how much ETH is in the reserve. The only way to make money in it is to convince other people to put ETH into BNT. Bancor has been trying to do that for years and has failed. The V2 is a pump and you're an idiot for putting any money into something you dont understand.

Nothing has changed, huge V2 protocol upgrade in July, community conference call on Monday going over the details. Looks like BTC crashed and dampened the price momentum. A short term price drop of BNT is nothing if you understand what's about to happen.

Bancor is blockchain agnostic, whatever ETH scheme you're fuding is wrong Mr. Poojohn

>Looks like BTC crashed and dampened the price momentum

I repeat. The price of BNT is 100% determined by how much ETH is in the reserve. It has nothing to do with the fundamentals of the market, or the price moves in bitcoin.

How much BNT are they giving you to post here, shill?

What you're talking about ended with the BNT/ETH airdrop back in December. BNT doesn't correlate with ETH anymore. Look up the Bancor airdrop plenty of articles on it.

OK so now that BNT is also on shitscam Tron, its 100% codependent on the amount of TRX and ETH in its reserve.

Sorry I totally forgot that Bancor shamelessly interpolated itself into TRX to pretend they werent completely useless.

What are you talking about? There is no reserve anymore, BNT is now a fixed supply token

yesyes keep fudding pls, hoping to load bags at 90c before the inevitable $2 EO next week.

you seem too knowledgeable about BNT and crypto in general

in this clown market anyone who took the time to gather this much information wouldnt share it

i call FUD and ill buy 10000 more :DD

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His FUD doesn't make sense, BNT doesn't have a reserve anymore, it's a fixed supply token
support.bancor.network/hc/en-us/articles/360010993500-The-Bancor-Airdrop-of-ETHBNT-Technical-Details-Timeline

from your link

"The ETHBNT pool tokens being airdropped on all BNT holders each represent a proportional share of the liquidity in the ETHBNT pool. Once received, airdropped ETHBNT tokens can be sold at any time by users to withdraw their proportional share of the ETHBNT pool’s liquidity."

So it used to be BNT backed by ETH. Now its ETHBNT backed by ETH and BNT.

Same difference.

I cant believe i actually checked your shit link.

Bancor is clearly a scam and I am doing god's work fudding it.

My ancestors are smiling at me imperial. Can you say the same?

draper pump and dump shticoin

So this "most hacks in history of crypto and still here" shitcoin claims it solved huge amm issue?
And next 30 days is make it or brake it literally going 3$ or back to sub 10c?
Why would I baghold this and risk -90% play is obvious if they done it ill buy for 2x price and it will keep mooning for next2 years if not I dodged getting rekt

Ez

>So it used to be BNT backed by ETH. Now its ETHBNT backed by ETH and BNT.
>Same difference.
Please tell me you're trolling.
BNT used to have a dynamic supply, this is not the case anymore.
ETHBNT, like any other pool token, has a dynamic supply. If one adds ETH / BNT to the ETHBNT liquidity pool, they don't have their ETH / BNT anymore, in exchange they receive the corresponding ETHBNT pool token which represents a share of the pool’s assets and share of the trading fees. This pool token can be used to redeem their tokens or be used to exchange for other tokens or used in dapps. This is also how uniswap pools work, I guess uniswap is a scam too?
Since BNT used to hold 10% of its market cap in ETH, they airdropped the corresponding amount of ETHBNT pool tokens to holders proportional to the user holdings.

it doesnt even claim to have solved shit. It just incorporates LINK oracle into its AMM price algorithm. Its NOTHING but a PR push.

Its a shameless pump attempt to associate itself with Chainlink.

except Uniswap didnt ICO for 150 million, steal 80% of the funds, give them to its founders with NO OVERSIGHT and enable pump and dumpers like STX, and get hacked 4 times.

Tell me this shill, if its just like Uniswap, why not just use Uniswap? Why use Bancor at all?

Because uniswap has impermanent loss. If Bancor is able to fix this problem (I said IF) then it'll be a no-brainer for liquidity providers to move over

Well they acually DO claim that they "solved" impairment loss "problem"
Wich is weird because its not acually "problem" its consequence of mm, market makers pick 2 sides positions not just to collect fees but also because its less volatile than just holding 1 asset (they make they bets knowing they can miss some of gains forstability)
I have no idea how suplying only 1asset and using link oracle solves this...sounds likebullshit BUT if they did it would be huge...
Il ask again bagholders why risk it bagholding this big chance its nothingburger AND you get rekt
If they pull it off and you buy after 2x you will still be one of first humans in new unicorn market that bends zero sum game logic lol

>Its NOTHING but a PR push.
this

Why not just wait for the AMA with Chainlink on June 30th? Saying it's just PR is dumb, they obviously have something to show. Of course maybe their solution won't work out but it's too early to tell