/biz/ - Business & Finance

>>2283395
Possibly

IS it gonna moon? Yes, no doubt.

Are you gonna be able to beat out whales and actually buy into the ICO? Hell fucking no lmao

Just hope you can buy in early enough once it hits the exchanges and still make a decent profit.

yes

No highly hyped ICO has ever lost money since launch:

https://icostats.com/roi-since-ico

Who the hell needs Bancor when you can have ARK?

Anyone else afraid to miss the opportunity to buy in @ Bitcoin Suisse? I dont want to sell my other bags for funds just yet

>>2283578
Idiot. In most cases it would have been beneficial to just keep your money in ethereum.

>>2284069
>sorting it and looking at it like a moron
KYS

>>2283731
They aren't competitors; in fact, they're friendly towards each other

>>2283405
>>2283395


anybody have ideas on which exchanges will be listing it first?

>>2283988
wish i could but its non-US only..

>>2284212
liqui.io generally has ICO up fastest

what date will it be on an exchange?

Bancor is Jewish so it will be big.

http://www.jpost.com/Business-and-Innovation/Tech/At-TEDx-in-Tel-Aviv-talk-of-advancing-crypto-currencies-like-Bitcoin-479559

Will the ico be different from BAT?
I mean BAT said where to send everything before the ICO, not the moment it started so people obviously prepared. Will bancor do the same?

>>2284563
probably

Unless you're a whale who can spend >$3000 on gas during the ICO, this will disappear in under 30 seconds again, and you'll be buying at 6x the price on Bittrex. ICOs are not for those with under five figures to throw around.

>>2283395
>look into Bancor
>see the dev team is Israeli
>lose all interest in it

>>2285009
Anon...Jews never lose at money. Not investing is a guaranteed way to stay poor.

>>2285029
"I will not derive any profit from the enemies of Christ" - Elizabeth of Russia

>>2285059
>Elizabeth of Russia

I might go all in with 150,000€. I will be a millionaire soon

>>2284069
>https://icostats.com/roi-since-ico

No one gives a shit about 1 year return.

Show me day one graphs and tell me of one failed ico.

>>2285009
>see the dev team is Israeli
Their team is all web developers. And their spokesman seems clueless about technology.
Hopefully they hire some real talent with all the money they raise.

https://www.linkedin.com/in/or-bachar-55821763/
https://www.linkedin.com/in/omry-rosenfeld-a20406b9/
https://www.linkedin.com/in/assaf-rachman-nuni-1281a3ba/
https://www.youtube.com/watch?v=Ft8dSvdH2ek

Just made a bank transfer to bitcoin suisse.

If the pre-allocation fills up before they get the money I will burn every fiat bank to the ground.

>>2285246
each one of them brings certain expertise. Galis is the qt entrepreneur with connections to (((chosen))) index funds. Guido is the guy that syphoons european Bilderberg swiss tax-evasion money.
The IT guys are clearly Mossad. One of the avisors is the CEO of eToro, the other one is the founder of the Bitcoin israeli association.

Do you want to stay poor? Don't buy

>>2285289
>index funds
I meant hedge funds

>>2285289
I'm buying it. They are all ex military but all Israelis are.
I just wish their team wasn't mainly full stack web developers. But they will probably hire smart talent.

>tfw still waiting for btc suisse to verify from yesterday

>>2285313
What country you from?

>>2283395
>August 24, 2010

Uhhhh... G-guys.... WHAT THE FUCK.

https://www.infowars.com/bancor-the-name-of-the-global-currency-that-a-shocking-imf-report-is-proposing/

>>2285328
UK

>>2285313

>i applied earlier today

will i make it? feels tight

>>2285335

>>2285335
what

>>2285335
Shit that link is real.

>>2285346

ETH or bank transfer?

>>2285342
Considering there's like a static ~100 USD fee on it plus an additional 1.5 % fee, you must've put a lot of money into it, right?

I'm a Canuck (God bless her Majesty) but I have the feeling putting in 1500$ is just not worth it, how much did you pay?

Bancor is the next IMF global currency.
Jews are running it. IMF approves it.
Get this coin.

http://www.imf.org/external/np/pp/eng/2010/041310.pdf

>>2285335
>info wars reports in 2010 that the IMF wants to create a global currency called "Bancor"
>Developers are all Jews

SOMEBODY EXPLAIN THIS SHIT.

>>2285365
I applied for 10 eth but want to see if I can double it. Betting on that fee being eaten by the post ico prices from americans wanting to buy in.

>>2285390

Better call /pol/

>>2285363

50 eth

>>2285410
I think it's best that none of us spread this around anymore. Give us guys in this thread the best chance of getting in on the ICO.

>>2285480
>implying this info wont make the project even more popular.
Cant fail with the globalist elites son...We gonna be rich.

>>2285461
pls no

>>2285335
>tfw you get rich off the new world order

>>2285480
this

>>2285441
>Betting on that fee being eaten by the post ico prices from americans wanting to buy in.

Man everybody will eat it up because "muh joos", this thing is sure to blow up. Also yeah I was thinking that if 1500 is too cheap then I should at least put in the worth of 1 BTC (which just happens to be nearly equal 10 ETH now). This thing is really giving me Stratis vibes.

American here, I hope you all get rich as fuck. Meanwhile I'm fucked

Is there any way for an american to buy from the Bitcoin Suisse pre-sale? I don't want to get fucking locked out of the ICO from the whales.

>>2285519
Go for it m8. Don't ignore those vibes and have regret next year.

how long does the registration procedure take?
chop chop anons

>>2285574
>>2285594
fuck this there has to be a way we can bypass this ID shit. we literally will not get in the ICO if we don't.

>>2285850
the devs will anounce at june 8th how the crowdsale works and they want to avoid a BAT situtation.

by the way. token card coin shit will moon now since they will work hand in hand. better go in before it explode

>>2285850
you need a reliable european, there's no other way
this could be an opportunity for anons like me, anons who are eligible but can't afford to chuck a bunch of ETH in
how do you think the issue of trust required could be elegantly handled?

fuck fuck fuck my cryptogains reached 40k this week, how much to dump on this?

what's the total amount of BANCOR tokens up for grabs at the ICO? I read only about the pre-allocated share that is equivalent to 20000 ETH but no mention on the actual number, only proportionate share

>>2285975
as much as you have that isn't locked-in in some bagholding duty

>>2285249
>>2285441
Has anyone dealt with Bitcoin Suisse before? Are they legit?

where can i buy this shit senpai?

>>2286018
https://www.bitcoinsuisse.ch is handling the ICO
100CHF onboarding fee+1,5% of what you put in goes to the mountain jews

so if you register, you need to pay as well right away?

>>2286004
seems legit but I just don't trust it enough

Is there a way to buy Bancor if you're a US citizen?

This Bancor reminds me of the history of money, where banks enslaved whole mankind:

> Banks took our gold and gave us paper, so we could trade that paper for goods or back to gold in another city.
> Paper was so easy to carry, so most people let the gold at the banks and prefered the paper.
> Since there was so much gold at the banks now and people didnt want it back, the banks could lent money in form of paper
and ultimatly took interest for that.
> Banks could now create gold by writing numbers on a piece of paper.

Bancor:

> Bancor will take our crypto coins and give us bancor token so we can trade that token for goods or other coins in another exchange.
> Bancor is just one token to carry, so its easier than holding alot different one.
> Bancor is now prefered before the coins.
No idea how it continues from here.. somehow they will trick us.. maybe use proof of stake to create more money.. OR:
> Bancor can now create gold by writing some code to a blockchain which gives them more token.

History repeats itself, lets give them all our Gold

>>2286239
HAHAHAHAHHHHAHAHHAHAHAHAHAHAAHAHAAHAHAHAHAAHAHA

HAHAHAHAHHHHAHAHHAHAHAHAHAHAAHAHAAHAHAHAHAAHAHA

WE ARE GOING TO BE FUCKING RIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIICCCCCCCCCCCCHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>2286239
Holy moly!
They won before it even really started

>>2286276
they will

>>2283395
What is it dumb to wait to buy it on Bittrex?
I only like using Coinbase and Bittrex.

OK guys Im a european should I defimitely apply for the ICO with all my money? is it definitely going to moon? basically a £80 fee

>>2286313
It will be a repeat of the BAT ICO most likely.

>Small group of whales buy all the ICO and pre-ICO coins

>Slowly dump it for 5 - 7x the ICO value on polo/bittrex when it gets added

>Make mad profits off the people who didn't get in on ICO while the price eventually corrects itself after they dump

100 Swiss franks (£80) fee is a fucking ridiculously high fee

>>2283395
> Here's the deal goyim: we have created this new supercoin that will rule over all other coins.
> It's an once a lifetime type of deal, goyim, you just have to pay a small entry fee to have the privilege of being part of this out-of-galaxy mission.
> After we gather all the money we will let you know how much each bancor will worth.
> Everybody and their mom are buying, c'mon hurry up!
> What? Why doubt? Did we ever do something to take people's money away without giving nothing in return?

>>2286348
no they will announce a solution which dont end like BAT on 8th of june

>>2285335
Somehow I feel the need to throw my lifesavings a it

>>2286276
Question is, who are we and who are you

>>2286409
tfw

i'm american anyway so i'm fucked out of both sales.

>>2286332
>Im a european
Buy it. This coin is no joke.

>>2286404
can we win against the bank(or)?

>>2286348
>It will be a repeat of the BAT ICO most likely.
I have a feeling I will miss the ICO and pay 6x like with BAT. At least I'll get some crumbs while this coin becomes the reserve currency of crypto.

>>2286443
where there's a will there's oy vey

>>2286067
Send your ETH to me, I will buy for you.

>>2285390
you're an idiot, kill yourself

>>2286348
Thanks mate.
How long until they start dumping and I can start buying when it corrects itself?

>>2286494
Ok what's your address?

>>2286548
Depends on when it gets added to major exchanges. As soon as it gets added to places like bittrex or poloniex I would probably wait a day or two and see where the price is going from there.

Though the real answer is probably "no one really knows".

>>2286538
I should have left the /s for people like you.
If we hype this as the next IMF coin, we'll all get rich.

>>2286239
BANCOR is fixed relative to reserves, and can be redeemed automatically via the protocol

so how big returns do you guys expect from this ico

ill put 50 eth if i get accepted by bitcoin suisse

Can Aussies get in on the Pre ICO via Bitcoin Suisse?

How long does it take to get verified and can a low ETH'r get in? ~5 ETH

guys, check Bancor's facebook page. It has memes on it. That is a bad fucking sign

>>2285410
>raise

bancor was a supranational currency that John Maynard Keynes and E. F. Schumacher conceptualised around 1940

>>2286633
i see alot of potential in bancor. i want to get into the ico but these fuckers never ever get my real name or my id card. guess i have to wait till it gets added on an exchange

>>2285831
I need to upload documents to buy this thing?
No thanks I will bought whent it hit the exhanges

How bad of an idea is it to just chill out and wait for it to hit exchanges?

>>2285507
Trump is gonna stick it to them!!!!!!!!!!!!

>>2286659
what the actual fuck is going on, memes are now professional marketing strategies ?

>>2286552
Send your ETH to:
0x5607B68659E7d5a0be20fA487ff104149ADeF6B3

I'm in the bitcoinsuisse.ch crowdsale. I will send you your Bancor back to your address.

>>2286791
Sounds legit. Can I send you some too?

>>2286791
>>2286816
if you want to get scammed at at 2% fee instead of the regular 1.5% one yes

0x32045F0896241d7047e7DfEDfAd0c924606DE6ca

>>2286659
>>2286758
they have "meme bounties". You get paid to make memes

>>2286839
you sound like a nice lady. eth inbound. be gentle with them.

>>2286791
>>2286839
Wow I can't believe how awesome and generous you guys are being. I sent to the first address, but withdrew more ETH than I was originally planning to spend and sent it to the second address. Thanks guys!!! :)

>>2286816
>>2286839
Yes, I have been registered with BitcoinSuisse.ch and will send you the Bancor tokens once I get them for your ETH.

You can also mail me at sta.ffhals@gmail.com to negotiate this. I will know any strange addresses sending ETH, so you can trust me to send you back once the ICO goes through.

>>2286850
>>2286880
>>2286892
>>2286839
>>2286791

...is this some sort of joke?

>>2286920
>poor person detected

>>2286920
No joke, just helping poor anons from cucked USA who can't even buy into a simple crowdsale due to retarded laws.

Are you supposed to use my ethereum wallet to send the ethereum to suisse? do they send the tokens back to that address once the ico is over? Isint my ethereum wallet just for ethereum or it can be used to hold other coins?

>>2286974
Yes he is so kind, I sent him 200 ETH. Excited for my bancor to arrive!!

>>2285313
>giving your selfie ID to some swiss company while trying to buy a (((crypto)))

good goyo

ICOs are a shitty deal for nobodies.
You'll never get in if you're not a whale willing to spend literally thousands of dollars JUST FOR THE FEE, and ICOs in which there's not enough hype to cause the phenomenon are not worth it.

>>2286920
>>2287037
even though he's still nice to do it, taking 0.5% more than he should is a little bit exaggerated

>>2285519
There was plenty of time to get cheap Stratis on the market

Paying an huge fee + ruining your anonimity to buy coins off some dodgy website is not worth it.

>>2286974

If I sent you an email would you trust me enough to reply attaching some of the proof you sent bitcoin suisse?

How will gas transactions work in the ICO?

>>2287086
probably like bat, the more you put the more chance you have to get in
but we'll see they apparently want to be more fair

>>2287067

I don't know if Stratis is the best precedent for this.

>>2285335
I will make sure to put in at least 5 BTC worth of this shit

Amazing

>>2287076
>If I sent you an email would you trust me enough to reply attaching some of the proof you sent bitcoin suisse?

Yes, no problem.

How can an American buy into this?

>>2287172
see
>>2286839

How do I get in the ICO?

Any safe way for europeans outside of Bitcoin Suisse? I don't have enough money to pay those fees.

>>2287066
>taking 0.5% more than he should
what? the mountain jews take already 1.5% so he should do it for free then?

>>2287148
>>2287328

It's a bargain for anonymity however I'd like to know who I'm dealing with.

Haven't been sent any info yet so...

i'm from denmark and will be a middleman for americans but i'm pocketing 0.35%

0xED9ae41b4A7cc59cfA4E826437CfD4D6E7e0E890

>>2287076
Anon...

Not sure how legal is this but here's an idea:

Make a smart contract that sends all the eth to bitcoin suisse. When the bancor tokens are received, distribute them (minus fees) to each address proportionally to the eth they contributed.
You just need someone to code the contract and someone to register on bitsuisse and provide the contract address.

>>2287436
>Not sure how legal is this

It isn't.

>>2287436
And how do we know the contract address doesn't just go straight to someone's personal wallet?

>>2287568
unless there's a killswitch in the contract, the owner wouldn't be able to withdraw funds

FOLLOW THE NOSE BOIS!

We going NOSE DEEP in this shit!

I'm not in the US and legitimately thinking about the bitcoin suisse thing but there are some things that kind of rub me the wrong way.

- Token - Eth ratio being out of proportion.
- Bancor being just another waves platform.
- Whales buying all the bancor shit like BAT

I don't know, what do you anons think I should do?

>>2288421
>- Token - Eth ratio being out of proportion.
how is that a problem? It wasn't communicated yet
>- Bancor being just another waves platform.
it does much more and much better than waves. Even in the things they have in common, they're not really the same thing.
>- Whales buying all the bancor shit like BAT
That is good, it means it will pump just like BAT. So even if you miss out, you can buy on exchanges and still make a profit

Ok, I guess you convinced me.

Still, don't know if doing the suisse thingy is a good idea.

>>2283395
How the fuck does one get in!! I have BTC & ETH sitting on Coinbase. I would be willing to drop 5k in USD but usually this is not an option for ICOs.

How should I be preparing to get in on this right now?

Enlighten me.

>inb4 fucking moron for Coinbase

>>2286791
retard alert

>2 days
>bitcoin suisse still havent got back to me

STOP TRYING TO KEEP ME POOR YOU FUCKING KIKES

>>2288887
https://www.reddit.com/r/Bancor/comments/5wr6xm/help_me_understand_your_project/

One token to rule them all, one token to find them, One token to bring them all and in the darkness bind them.

It was only a matter of time. What's the bets on the year that governments and authorities ban any tokens not (((Bancor approved))), with prison sentences for anyone dealing in any other...

>>2285335
KEK WILLS IT, 10 BTC INVESTMENT PROPHECY

MOON

>>2289585
>supranational
>hierarchical monetary system
>basket of currencies
>levy fines on anyone

Yea this coin is the big one. Probably UN funded.

>>2285335

>>2288421
I am thinking Waves will always have it's place. Bancor does not have leasing, or DEX. The token creation thing is what they have in common, although they have different rules. Also Bancor is very ETH and ETH-compatable centric. Waves will be full on sidechaining new cryptos this summer.

They really do serve different niches.

My portfolio is going to be exclusively Waves and Bancor, given the ICO for bancor goes favourably. Waves and Bancor will prevail.

>>2289820
Exactly. I presume this is how they rein it in. Crypto obv has the banks spooked, Bolivia's central bank LITTERALLY has the police detaining people for dealing in crypto. Fully illegal in Bangladesh and other places.

UK Govt is apparently "Friendly", but banks are hostile as fuck and some straight up shut accounts and ban customers for dealing. Soon as they get this one up and running however, and tighen regulations on the rest, well.. *rubs hands.

TAKE

MY

MONEY

YOU

FUCKING

MOUNTAIN

DWELLING

KIKES

>mfw miss another 1000% roi ico

>>2285335
haha wtf is this fake bulls.. *opens link* ...welp time to mortgage my house and put it all on jewcoin I mean bancor

>>2288607
If anything, I see them really complementing each other. Waves and Bancor can fill the gaps left by one another. They are equal in my eyes, and combined they will be my ticket to the moon.

Can someone explain to my what this shit does? Every explanation I heard is convoluted as fuck. It doesn't look like it does anything different

>>2290304
my nig here knows whats up

>>2290786

tdlr; illuminati coin (buy as much as you can asap)

>>2290827
> illuminati coin
I mean, I think it will increase in value just based on hype, but I want to know if it's long term or not based on what it does. What the fuck does ''smart tokens'' mean?

how to buy?

>>2290849

Who the fuck cares just buy now on BTC SWISS or regret when you miss ICO because it finishes in 30 seconds and hits excanges x10 before it's even mooned. I'm 100% serious you will all be rekt if you don't buy now, I have 5 BTC worth already secured and I'm looking forward to seeing it being 100 in a few weeks.

>>2290896
>BTC SWISS

im ready to drop 10k on this fucker but they wont get back to me

>>2290896
>Have to give my personal information
What's the purpose of fucking accepting bitcoin as payment when you still have to give your personal shit to the company anyway? It's also not even fast because they will probably take 3 days to even reply.

just convinced my canadian friend to sign up for the stupid swiss thing

im new to crypto but...
20,000 eth? ~4M pre ico
so a ~10M total ico on the 12th?

if this goes to 1B in the future

1btc would be worth 100btc or $250,000

is this correct? or am I way off with how icos work

>>2290304
t. Waves holder

>>2290827
Again the two will just ride side by side. You gotta keep up on the Waves though because they are updating the platform.

I'm posting a very important picture, they are making smart contracts on the Waves blockchain. Waves would be more like the Andriod, and Bancor will be more like IOS Waves will be overshadowed by the Bancor hype, but it is possibly even more customizable.

>>2290786
it literally sucks the value out of everything else. not memeing even though it sounds like it, that's literally what it does. you have a shitcoin, and bancor is used to take its place for liquidity, basically. doing this increases the value of the bancor and decreases the value of the shitcoin. it's probably the most genius thing i have ever seen in finance.

still no idea how they're going to fix the ICO so it doesn't get scooped up by whales in 24 seconds though. i really want to get in.

Getting into Bancor through BTCSAG is a no brainer even with the fees and vetting.

The entire crypto market now has been stirred into a frenzy, eating up every 5x ICO price on listing day (see BAT)

You have a chance now to get in before the fucking whales do and you just sit around bitching about 100 CHF and id selfies. No risk no gain motherfuckers.

Unless you're american and can't buy in now, I wish you well in the upcoming 30 second ICO.

>>2291191
What.

So let see I understood this right. Let's say I have 100 PIVX and I want to liquidate it, I can use Bancor to do that and in the process, my Bancor would have more value while PIVX would decrease its value?

>>2290786
Fractional reserve banking, for crypto.

>>2291234
>mfw probably going to miss this AGAIN because btcsag wont reply to me

>>2291250
practically speaking, that's what it does. theoretically, it's supposed to just act as a middleman between coins, but the reality is it means everyone uses bancor whether they want to or not.

If you still don't get it, read this part from the IRL bancor wiki

>Bancor would not be an international currency. It would rather be a unit of account used to track international flows of assets and liabilities, which would be conducted through the International Clearing Union. Gold could be exchanged for bancors, but bancors could not be exchanged for gold. Individuals could not hold or trade in bancor. All international trade would be valued and cleared in bancor. Surplus countries with excess bancor assets and deficit countries with excess bancor liabilities would both be charged to provide symmetrical incentives on them to take action to restore balanced trade.


tl;dr the shitcoins have some value(gold) and bancor is going to take the gold.

it's genius.

>>2291310
supposedly they are """fixing""" the ICO so it cannot be taken by whales in seconds.

>>2291234
Question is why arent the whales getting in on the pre sale action...Maybe they know something the rest dont.

>>2291343
I was wondering the same thing.. I thought it would have been snapped up by now.

>>2291310
If you've submitted all the forms and selfies through their page successfully, you should get an automated email response. That should secure you a place in their processing queue, and they'll send you a deposit address once they're ready.

>>2291191
They will just extend how long the ICO remains open. The amount of units you get in the end will be determined when the ICO finishes. The reserve will be huge, and it would take massive volume to move the unit price up, but the hype will propel it up.

Again now that Waves will implement smart contracts, and you can lease (only on waves), the differences between bancor and waves are very small. The full liquidity of Bancor will have implications, such as the reserve getting cut into, on waves the shitcoin holder of worthless tokens just stays on the blockchain forever, I've never had a problem selling any coins, soI dont see the problem.

Anyway, the only true value that Bancor has currently, is the amount of coins immediately compatible on the Etherium blockchain. To counter this, Waves has the fiat gateways. I am buying both, but just don't buy into the infowarz jewcoin stuff.

>>2291343
>>2291352
whales don't want their IDs attached to this.

>>2291310
It's because in the selfie you have to submit, you are not beautiful or you are ethnic.

>>2291324
This shit sounds exactly like a Bank. I mean, I think it's a genius idea in terms of pure profit and it will probably moon just based on hype, but don't you think it sounds counterproductive to have something like this in a market that prouds itself of being decentralized and without any central authority? Aren't we supposed to cut the middleman?

>>2291361
That was the first thing I was thinking, but it would be very easy to secure a surrogate/pool an amount behind one no-name guy.

>>2291343
I'm wondering this too as well. I'm guessing the whales being so fucking loaded with crypto probably acquired them through dubious means. Not a good idea to get identified via the vetting process.

>>2291367
im a PSL 6+.

>>2291361
why not?

>>2291250
Wait Americans can't buy in?

>>2291377
as far as i can tell, bancor works in a couple of ways

1. to siphon the value out of shitcoins

2. to create its own shitcoins that fulfill the purpose of the shitcoins it siphoned the value from

that is the big problem with crypto right now. this lack of liquidity makes it really hard to get anywhere with these coins. bancor makes it so most coins are basically unnecessary, because why use your own stupid coin when you could just be part of bancor and have the perfect liquidity?

bancor is like the walmart of crypto. it will go around shutting down one store(shitcoin) after another siphoning all profits, until walmart(bancor) is the only choice you have, and yes it's a big centralized corporation, but it got that way because it was more convenient than the other options. this is exactly what bancor is going to do.

>>2291361
That's dumb, they could just buy an inconspicuous amount.

They'll just extend the ICO. Everyone that bought through bitcoinsuisse will just get some token issued to them worth 80 koroner or whayever it is. Why do you think they moved the ICO back two weeks from the whitepaper stated date?

>>2291377
BANCOR rapes exchanges, creates true p2p token conversion without the liquidity problems that have stymied DEXs that currently exist

also opens the door to E X O T I C derivatives

>>2291541
>worth 80 koroner

???

>>2291310
From bitcointalk:
"

Likewise - this was just posted on the Bancor Protocol Telegram group >>> Sergai Kuza, [04.06.17 18:34]
Hi guys, I just managed to communicate with someone at Bitcoin Swiss. I inquire as to my application which is yet to be processed, especially now that the ICO is next week.I was told that they get over 200 applications a day and that they are making all efforts to approve and release the applications as soon as possible.

"

Wew. I already sent my money and got confirmation.

Feels good man.

>>2288421
unit price doesn't matter

bancor is nothing like waves

whales are going to buy out all promising ICOs

>>2291324
holy christ you're a retard

HURRY UP BITCOIN SUISSE AND TAKE MY MONEY

Can someone explains me exactly what is this "pre sale"? i have some ETH and i might want to get into this, but i'm sure i will never be able to get into the actual ICO

>>2284069

nigga i been doing that, you bitches said don't buy BAT on ICO it is a scam, after ICO price was 6x higher then on ICO. Look at it now. Pls excuse yourself.

HYPE > LOGIC

I have £10k in savings

I think I'm going to put £2k into this, realistically, do you think I should put more in?

This coin is going to be /ourcoin/ for the rest of our lives, lads. Always go with ((them)) when money is involved and your interests are aligned.

Fuck.

You guys realize this thing is going to be used for all sorts of interesting crypto-ETFs and things, too, right? Moon... Pluto... Planet X... Andromeda?

>>2292373
as in all crypto, do not put in any more than you're prepared to lose
remember that we're only one successfully broken cryptography away from a total catastrophe

Did anyone already complete the bitcoin suisse process? How does it play out, do they give you an ETH wallet address after confirming your application?

>>2291504
Anon, I think we just found the new BTC/ETH. This shit sounds like it could dominate the market, it's literally genius and like you said, an actual useful solution to the problem of billions of useless shitcoins popping up and scamming people's money or baiting them into entering a gambling game with whales.

Fuck, I guess we should never underestimate ((((them))) when it comes to making money.

>bitcoin suisse wont get back to me

>i wont make that guaranteed 10x return

JUST: THE LIFE

>>2292837

How long has it been?

>>2292838
registered 2 1/2 days ago. i got the instant message back but nothing else.

>>2292837
You can still get it instantly when it hits the exchange, guarantee that will still make solid profits.

>>2292919

I couldn't find when will token be available ?

investing my entire portfolio in this coin. picked up by bitcoinsuisse and bitcointalk thread has double the replies of bat prior to ico.

calling btsag tomorrow to try and push my application along.

>>2292958
>calling btsag tomorrow to try and push my application along.

ive tried this myself they are obviously busy as fuck, i dont speak mountain kike either so that doesnt help

when I send them ETH, how will their fee collection work?

>>2292990
They sell 100CHF worth of ETH

>>2292695
They'll say you've been approved and will give you a eth/btc address to send your crypto to. The amount doesn't have to match what you initially put in the form.

Since BANCOR will literally bankrupt every exchange in existence, won't they boycott it?

I want to go balls deep but I want some liquidity on week 1 so I get a bit of money out
>Yes I'm putting my groceries money on this
>If it goes sideways at least I lose some weight

>>2293835
I think they said conversion on the platform won't be available for three weeks after ICO, but you'll be able to withdraw. I doubt there's any problem with exchanges adding it, it's a big project so there's a lot of competition among exchanges to add new coins, they won't miss out on it

I've never participated in an ICO.

Is it possible that I lose all my coins if whales beat me to the punch?

>>2293857
You won't be able to buy at the ICO senpai. Either use swiss BTC or wait until it gets to the exchanges. BAT sale ended in 30 seconds and this has even more hype.

>>2293907
That's what I was wondering about. People will TRY to get in. But what happens to their coins if they don't get in?

>>2293922
Nothing, you only lose the gas that pays for the transaction, but if the contract rejects your transaction the Ether is sent back automatically

I hope you guys don't mind paying 7-10x of ICO prices because that's what you will be paying for it.

>>2293934
Oh, okay. That's good to know. Thanks!

>>2292976

>>2293857
>>2293907
Devs said they want as many people to participate as possible (mass adoption is in their interest) and do not want another BAT debacle. I believe we should be alright. They will probably put a small cap for the first hour or something

>>2294110
I hope so, because this current model has a lot of room to be abused in the future. See Stratis for example, If I'm not mistaken, 15 wallets detain the majority of the coins.

So if im american i cant participate?

>>2294110
I keep hearing this, but how could they do that?
If they limit the contributions can't whales just create 1000 wallets and push a limit transaction on each one?
The only way to ensure that everyone pitching in is a single person is to collect IDs, like BTCSAG is already doing

>>2294180
Why the fuck would they do that? Lots of work for literally no reason. Whales would just wait for the large cap. Participating in the ico is participating in the ico and guppies wont swallow all the bancor

>>2285519
https://www.infowars.com/bancor-the-name-of-the-global-currency-that-a-shocking-imf-report-is-proposing/

Jews have had a plan for a Bancor One World Currency for a decade...

>>2283395

How does a US citizen get in on this?

Is there any hope for me getting in pre-exchange?

>>2294469
No, just read their instructions

>>2294486
I can't get in through BTC suisse, I assume there's now crowdfund or anything of that nature

What do you mean "read their instructions"? I went over the site last night, maybe I missed something, but there isn't much information regarding the coin's release and funding. The BTC suisse site just says "not available to US citizens"

>>2285335
They just took a meme name, dont overhype it
https://en.wikipedia.org/wiki/Bancor

>>2294522
they will be releasing ICO details within the next 6 hours or so (join their telegram/slack for more updates). the BTC suisse presale is indeed only available for non-US citizens, sucks for you.

>>2294567
this thread a lot of anons are talking about gas prices are going to eat up a ton of that pre-sale and I think it's best for some people not putting in greater than a few BTC to just wait until it hits an exchange.

not feeling so bad anymore about this

>>2294592
I bought in through BTC Suisse last week already, so I'm just waiting for the show to start haha.

The Bancor team has said they're going to try and prevent a BAT situation from unfolding, but I'm not really sure how they will manage that.

>>2294634
good luck anon, hope you get that McMansion

>>2294634
how much did you buy anon? what roi% are you holding till?

>>2284069
that's idiotic, you don't buy into icos for normal gains like with eth/btc, you buy into them hoping to buy into the next stratis. And considering the worst it can happen is you make less profit than with eth, but still make profit, it's a pretty damn good deal

>>2285335
ITS THE FUCKING MARK OF THE BEAST

BUY BUY BUY

https://www.bitcoinsuisse.ch/bancor/
https://www.bitcoinsuisse.ch/bancor/
https://www.bitcoinsuisse.ch/bancor/

lets go goys

bittstoreuk@protonmail.com , I'm entered in the ICO, and have a stable address I can add more funds onto

Anybody needs to buy in, and wants evidence I'm already bought in before hand feel free to contact me

I don't have time for time wasters, I'm a trusted and verified trader on Localbitcoins and can prove this

>>2294652
about 100 ETH worth. going all in on this one and won't be selling for a year (at least). Hoping for 20x or more.

>>2295065
Sent you a msg

>>2295153
I bought 98 ETH worth, with the fees around 96ETH I suppose. I wonder when we will get them.

Why are you guys using BTCsussie?

>>2295223
How long they take to get back to you?

>>2295270
48 hrs for verification, 24hrs after sending funds. Might be worse now.

>>2295374
Yeah I might miss only submitted 24hrs ago, shouldn't have fucked around getting that shit in, knew well in advance.

>>2295257
Only chance to get into the ICO is bitcoin suisse, and it's selling out fast

Just filled out the form for 7.5 eth hopefully I just got my foot in the door

Fuck you guys you got me hyped as fuck

Tfw poorfag. If I jump on this train after the ico, what should I expect for initial pricing?

>>2295538
We are going to make it dude. Each and everyone of us.

>>2295606
about 2-5x ICO price I'd guess

I think you guys here will make it assuming you apply now and check you emails every 8 hrs, which is what I did.

>>2283395
https://blog.bancor.network/bancor-network-token-bnt-contribution-token-creation-terms-48cc85a63812
!!!!!!!

>>2295606
if its anything like stocks it will always fall after the IPO.

coins I am not sure

>>2296760
So basically 25$ per Bancor. Holy crap. Even if the price surges to 200$ I'll never become millionaire with this coin.

Guys I need help with the Suisse documents.

Do I literally need to print them out, initial them, and rescan them? wtf is this.

>>2296882
>them
It's just to prove that you've read every single page of the agreement. But yes, your initials or your signature, I guess.

>>2296825
It's $2.50 because it's 0.01 ETH for 1 BNT.

>>2296825
$25 PER TOKEN ? ABSOLUTELY HARAM PRICE

>>2296916
God what an idiot. Thanks for the correction!

How do I buy this in the one hour window? Never done an ICO before. I have ~50 ETH.

$2.5 NOT @25...

>>2296882
the longer form is only if you investing over 50k

bittstoreuk@protonmail.com , I'm entered in the ICO, and have a stable address I can add more funds onto

Anybody needs to buy in through me, it's $50 for entry (cost me $100 to enter through bitcoin suisse)

pic related

The terms have been released and it says it will be uncapped for 1 hour which is really bad. It could have a huge valuation because of that.

>>2297041
the valuation is .01 ETH

Why would you wait the ICO if you can get in the pre sale?

I'm thinking about entering with my 1 ETH (or maybe liquidate all my RDD and buy more ETH)

Dumping my life savings into this

Made my registration 15 minutes ago

I won't get in, right?

>>2295802
why do we need bitcoinsuiise anymore? they are letting you in if you buy in the first hour.

You prob will now that it seems like there's prob no advantage to buying it in presale. It's only 62% full now

>>2297549
Don't you fucking retard.
Spread your life savings across 20 coins and get them while they are cheap. The ICO terms have ruined this shit coin

>>2298670
>shit coin
>ICO terms

Beg your pardon?

>>2293835
>I want some liquidity on week 1
it's directly convertible to ETH

>>2292176
Kek

Don't forget to set your gas limit at 6 million

Unlimited cap is unprecedented in a fund raiser event with risk associated with early contributors.

Every one that contributes will be raped hard by the exchanges.

Gas the jews literally, not with ETH.

Is there a valid reason to buy at the ICO considering that there will be no supply limit for 1hr? This could lead to huge inflation and pain in the arsehole

>>2299409
Fucking this

>>2299409
It's only unlimited for an hour, but yeah, hopefully it isn't overvalued.

>>2299411
no, they literally dropped this after everyone had ran in with there money to bitcoin suisse

FUCKING SCAMMING ASSHOLES

Everyone can get in because the cap is unlimited for the first hour.

>we’ve decided to allow a short, “minimum time”—1 hour—during which all contributions will be accepted regardless of the cap
>https://blog.bancor.network/bancor-network-token-bnt-contribution-token-creation-terms-48cc85a63812

>>2300179
Can't believe they pull this scam tier shit AFTER lots of people have invested

>>2300196
What would be a better solution then? I'm sure they would love to hear it. They don't want a BAT ICO.

>>2300305
How is that not worse than the BAT ICO?

They have no limit and MORE interest than BAT, are selling the tokens for a higher price and they made thousands of people pay 100CHF fee to sign up through suisse, before anouncing they have an uncapped sale

???Why not just anounce a fucking cap???

absolutely haram scammers, this is like Tezos, but surprise mode instead

>>2300344
again the question is what would be a better solution? Have all the tokens be in the hands of 200 people?
Bancor is some next level shit. Even if they raise 100M, I wouldn't be surprised to see them as a top 5 coin a year from now.

i think i know why the bitcoinsuisse pre sale wasnt sold out immediately. the whales knew before us that the ico will be like this...

>>2300369
I just typed it in plain fucking english you plebian, announce a cap, like they initially made it sound like they had ?

>>2300369
from their perspecitve its ingenious. they get as much money as they can and they get mass adoption. they dont care whether the price drops after it hits exchanges. they still get 10%. never underestimate the jews

>>2300369
bancor dev detected, fucking scammer

Good post from bitcointalk forum:

It's a scam, stay away!!!! They have announced a price of 100 bancor / 1 eth ($2.47 @current rate) AND NO CAP. Apparently they have a "hidden" cap that they will stop at, letting us know when 80% is hit, but not displaying how much they have raised. This isn't an ICO it's a get rich fast scam by the bancor team. Galia said she doesn't want investors to make money and doesnt' want volatility.. Disgusting attitude and a huge let down. The investors will be lucky to get 50% of their investment back when it hits the markets. This isn't what an ICO is meant to be, as in a win-win scenario where the investors get ROI and the projects gets funding.

>>2300392
I'm as annoyed as anyone about the way this played out. I bought in last week through BTC Suisse and was hoping for an overnight 5-10x.

At the same time, the more money they raise, the more liquidity the platform will have. I still see a 10(+)x as a possibility, albeit in a 12-18 month timeframe.

I invested what I was willing to lose for 2-3 years, so I don't really give a shit that I got fucked out of my overnight lambo. I can wait.

>>2300447
contd.

I was removed from the telegram group after Galia couldn't respond to my questions. This whole thing is set up so investors don't make any money and the bancor team are happy with it. Galia said it herself.

I see that on slack Eyal pasted a more refined version of the crap:

"1. The most critical thing for us is to make sure that those who took the time to research and understand Bancor prior to the fundraiser will be able to participate. This is the reason behind the 1h minimum time.

2. This is not a fundraiser for quick-flip investors wanting to get in and make a quick profit. That is not the goal of the protocol, the foundation, the team, the product or the project.
u've reached 80% of your imaginary cap. IN A REGULATED MARKED THIS WOULD BE ILLEGAL.

5. If you question them or state that you are not happy with this shambles of an ICO scam they will eject you, what can I say.. disagree and you're out.. very classy.

Instead of using the ICO to raise funds to support the project, they are using it to get rich quick.

>>2300447
by "investors" you mean people that wanted to buy and sell within one week. lol.
I'm all for get rich quick schemes (and I did initially think this would be one), but if thats what youre looking for you're gonna have to find a different ICO.

>>2300447
Apparently there's no 'markets' for Bancor.
You send any crypto currency to Bancor, and you get Bancors in return. It gobbles your money.

>>2300499
The UN is running Bancor. It's the Soros coin.
https://www.youtube.com/watch?v=BcTPYjmWp-o

Is already known how much bancor tokens you get with 1 eth?

>>2300544
1 eth = 100 BNT

>>2300544
there's going to be 1billion+ bancor, better buckle your seatbelt

>>2300369
limit gas & limit purchases to ~50 ETH or something per address

>>2300447
>>2300469
You are such a fucking idiot it's ridiculous. People who buy ICOs to dump can fuck right off.

>>2300785
Uncapped ICO is basically dumping on everyone else, you retarded shitlord

>>2300794
it's either uncap it and let everyone get a slice or cap it and the fucking whales take the whole thing and make it 10x on the exchange and dump the shit. either way it doesn't make a difference.

if you're trying to make a quick dollar, go fuck yourself, developers have no obligation to help you do that. they want long term. how fucking stupid are you people

>>2300539
Wait so is this ACTUALLY the same Bancor that infowars was talking about in 2010 saying the NWO was trying to institute as the global currency?

https://www.infowars.com/bancor-the-name-of-the-global-currency-that-a-shocking-imf-report-is-proposing/

>>2300929
No
https://en.wikipedia.org/wiki/Bancor

>>2300901
bancor dev detected, stop being retarded. A capped ICO is obviously beneficial to everyone, including those who have interest in the project now or later

>THEY ALSO LIED, SAYING THE ICO WAS CAPPED INITIALLY


It would be like me owning a full company with 10 shares and selling them for a 100 dollars each, but if demand exceeds 10 shares I would issue more before selling and these too would be sold for 100 dollars each. I would not detail to investors how many shares I would dilute but I have ensured them that there is a secret hard cap (which could be conveniently set according to demand)

tbqh if it sells out in 1 hour (5am US time) it's unlikely that even 5% of the people who would buy this on Bittrex/Polo will get to buy it at ICO.

Still moon potential.

throwing 1 eth into this

>>2300929
In that video, the guy from the UN is saying they are going to use it. So it's probably the NWO coin. I'm fucking buying this mother fucker. It's going to be HUGE.

>>2300961
especially if you consider the scope of the project. 10x within a week is unlikely, but if they achieve even a fraction of what they're aiming for this will be a top 5 coin for sure.

>>2300958
yes anon i am a bancor dev

>>2300954
I'm aware it's a meme name. But everything about this is similar to the IMF report. We know the UN is associated with this Bancor and the UN is the parent organization of the IMF. Also the Special Drawing Rights (SDR) that the IMF report describes as being the principle reserve asset is exactly the same thing that today's bancor is trying to achieve. Bancor as the reserve asset for all the other digital tokens. Also all the developers are Jews.

did anyone else know bancor is using the WINGS platform? just found out. WINGS is also doing a thing where if you forecast the bancor price accurately you can gain up to $250000 ETH...

>>2301444
Makes sense. The devs for Bancor are all fullstack web developers.

>Want to throw 50k into this
>possibly make 500k
>sweating as fuck

I decided on only 20 ETH, first timer here

>>2301594
10x will take considerably longer now that they've made the ICO a flop :)

>>2300901
Whats the fucking incentive for investors to invest then dipshit? Hmm I am going to give up the opportunity cost of making good returns with my capital elsewhere and instead give my money to these jews so they can rearrange the global financial system, simply out of the goodness of my heart.

How naive do you have to be to think that bancor can exist in a special idealistic vacuum outside of capitalism. It is the chance to make money that sparks all cryptocoins into life. It's a mutually beneficial relationship.

>>2285313
I have 1 ETH.
Would they take me in?

>>2301644
>Whats the fucking incentive for investors to invest then dipshit
you literally don't know what investing means... there is no such thing as a "short term investor". you INVEST in something, not ""day trade""" you degenerate fucking gambler. kill yourself and stay the fuck away from bancor.

no cap for an hour...so why did they open it early with extra fees on btcsuisse? surely THAT was the opportunity to get in and avoid BAT style whale shit. an hour is a long fucking time.

they said they will refund anyone that used btcsuisse and cover their fees too. but fuck. i guess that's what you get for buying something before the terms are fully released.

>sees that bancor most likely had nefarious ulterior motives
>forgets why satoshi released the original whitepaper
>invests in the very antithesis of crypto

I can't describe how disappointed I am in you right now, /biz/

Opportunity knocked for real freedom, and you spit in it's face for short sighted greed.

>>2301720
>they said they will refund anyone that used btcsuisse and cover their fees too.

sauce por favor amigo

>>2301748
the slack you fucking idiot

>>2301720

wait, so there is no point using bitcoin suisse for this? everyone has the chance to get in for 1 hour anyway?

someone explain like to me like the retard i am

>>2301747
Agree

if anyone has any vested interest in bancor, i suggest you get in their slack right now and rip their jewish asshole open. no cap for an HOUR? wtf are they thinking? people aren't giving them money for charity, the whole point is ROI, we invest money to get money!

>>2301747
greed is good
t. Ferengi

>>2302071
There has never been more greed than in a student/NEET/IT underling driven revolution like Bitcoin/Crypto.

>i.e. "dis nigga' gets it"

>as soon as i decide to invest they change the ICO to uncapped for an hour

JUST

>literal jewteam pulling of the jewiest icoscam of all.

You can't make this stuff up.