/biz/ - Business & Finance

Replace bancor with Kyber and you'd be correct.

>>20572847
wtf is iexec doing in this list?

>>20572910
I actually just traded all my knc for bnt. I like knc but staking has been nothing special. Fees cost more that eth reward. Maybe when eth 2.0 comes out it'll be fine. But by then bnt will BLACKHOLE the defi market

>>20572977
What's it been, like two days since a major back? A new personal record.

Kyber is fucked right now with ETH but as long as they keep quietly building out the ecosystem it will not be flipped. It's already too dominant. And I'm not just talking about the dex but their token reserves like enjin driving most of the volume.

Staking was going to be a meme I didn't bother but it's nice to know it's already ready for when volume increases.

Remove Bancor from the list and add BZRX in it's place.

Here is why

ConsenSys and 1inch audits failed and team are waiting until the last day of July to announce V2 will be delayed.

Bancor lied about solving impermanent loss

Bancor is the most hacked crypto in history

Bancor isn't DeFi. It is centralized. The team can steal your funds at any time. They demonstrated this when they got hacked last month and stole the funds back from the hacker.

Coinbase will never list Bancor because it is a security token. The team admits this and have banned Americans from using their exchange.

Uniswap is launching their own token and will remain the AMM market leader.

Bancor was the worst ICO in history. It is down 99.9% and has many bag holders waiting to dump on you to break even.

Bancor banned me from telegram trading group and official group for saying price would go down (and it did).

Anyone expecting a V2 pump is going to be disappointed, because staking rewards won't happen until Q1 2021 (it was scheduled for nearer the end of the year, but will be pushed back because of V2 delay).

Ethereum gang checking in

>>20573133
I was on the fence on buying bancor, now I am not so sure anymore.

>>20573133
BZRX looks promising. Can you spoonfeed me? I had a long day wagecucking and can't do the research today :(

>>20573133
hey daniel. youve been very busy spreading a whole lot of fud.

>>20574374
ignore the fake fud. this is Daniel and he's angry because he missed his chance to buy BNT at 90 cents and now wants to FUD weak hands so he can buy cheap BNT.

to clarify for some who dont know. The recent "hack" was a bug found by the team/whitehats before it could be exploited. It was a big nothingburger. The 2019 article in this picture refers to the 2018 hack, which indeed was real, but was also 2 years and many fixes ago. There has been serious attention on V2 with two 3rd part groups doing the security audits plus a ver lucrative bug bounty program. They're not taking any risks this time around and even if this is delayed the way they keep announcing new tokens to the initial pool (link yesterday plus enj and ren recently) makes it clear that things are moving towards a full launch soon.

BNT is poised to become the gold standard among DEXs -- even if their protocol gets duplicated, the first mover advantage thanks to the "liquidity black hole" means that if successful anyone who want to earn rewards via pooling/ liquidity mining will be drawn towards BNT. Saying that this will be a top 20 token is no joke -- we could see this surpase BNB and possible even pave the transition from CEXs to DEXs for the ecosystem as a whole.

The more I think about it the more $50 dollars starts to seem more and more reasonable in the next couple years

>>20572847
Replace all of those with LINK and AMPL

>>20574867
who is daniel?

>>20574882
Congrats you will make it

>>20574889
A very sad and angry manlet who missed his chance to get BNT before it took off.

>>20572944
The one time 50 doesnt say to checkem he gets digits

>>20573133

So I see July 10 news and the 2019 news story was clearly the hacker moving their funds. Can't you read? Why post that image?

>>20573133

Yeah and the discrepancy between the totals is the drop in coin price, clearly.

>>20573133

And finally, the last one was a whitehat hacker. Ergo, the (you) comment is verified by the background imagine. Not disproven.

Not like I give a feck about Bancor, but at least FUD accurately.

>>20575112
It's not intended for people that actually read things.
It's intended for people like:
>>20574374

Where is aergo??

>>20572977
BNT has a lot of upside. ATH was $10 and it's currently sitting at $1.50. When BNT was at $10 before it had a completely different tokenomics and there was no such thing as Bancor V2. The fundamentals of the project are much much stronger now and I honestly believe it could easily surpass the previous ATH and hit $50 under the right conditions. Bancor is creating a solution that DeFi desperately needs. It is likely to re-claim a massive share of the AMM market with the V2 release and become the dominant DEX player that also competes with large centralized exchanges. There are very strong yield farming plays coming with Bancor V2, which has mitigated impermanent loss, enabled single asset staking and has liquidity amplification on pools that kills slippage and makes $50K in locked liquidity behave like $1 million. There are also staking rewards coming for BNT holders that will heavily incentivize liquidity providers (like Synthetix) and lock up the vast majority of supply. This will create very strong price pressure and make Bancor's pools the biggest, strongest and most liquid. All of this could make BNT a top 20 token within a year or less. It's possible this assessment may be conservative.

>>20572944
Wtf is rsr on the lisr

OXT. biz hasn't woken up to it yet. it's overdue for a pump though.

>>20573184
>watching tokens moon while eth crabs

>>20574882
same im mostly ETH, tellor, ample, link in that order finally made it into 6 figures feels good