/biz/ - Business & Finance

>>50907303
>bragging about losing money

If you are all in you probably have no choice. If it's less than half then maybe stay until they merge v2.1 funds with v3 or foundation buys back bnt

>>50907303
bend over like a true tranny and take the haircut, bitch

>>50907332
If I had seen this pic before I wouldn't have ever trusted that smug cunt. I went in with all my blue chip crypto, thats about 70% of my total crypto atm. I don't need it now, but I am afraid it will get worse and worse until I am left with 10% of my stack. At this point I think the foundation will never buy back a friction of BNT. Fuck Galia

>>50907303
Be honest with me bros. How many of our linkies has this slut taken?

>>50907303
I can't believe the foundation said "fuck them" instead of using a fraction of their funds to make you guys whole.
Bancor is dead no matter what

>>50907303
They literally just announced IL is being turned back on so might want to revise the fud

What's bancor?

>>50907445
Fuck you for giving me hope

>>50907466
ur welcome :)

I wouldn't take the haircut though. As someone who left the platform over a year ago I have no bias but have a pretty solid conviction they'll pull back out of it fine.

>>50907525
I was under that impression too, but the foundation refuses to put out a statement, let alone use their BANCOR ICO funds to support the BANCOR protocol. They act like they have nothing to do with the protocol which makes me think this might be the end of Bancor. I think I might give them a few more weeks and pull out if the deficit shrinks a bit

its 2 month and they literally are still brainstorming on what to do next. its over

>>50907551
I took the haircut a month ago. The team is clueless retarded cunts and I don’t trust those filthy Israeli kikes. Took a 45% haircut and I’m poor as fuck so this really set me back a lot.

>>50907332
Foundation isn’t doing anything kek

Luckily withdrew funds before v3, however I still have some bnt in v2. Have withdrew my initial deposit multiple times and whatever is left is going to rot in the protocol. Will never buy back vbnt to withdraw out of their shitty ass app

What is the bancor situation? Are you unable to withdraw your crypto?

DOG BAT BAGGIES WHAT DO!?!??!

>>50907460
they lend out your deposits to jews to power up their short positions. meanwhile you get nigger tier welfare gibs. if you want to withdraw you get the difference in fresh bnt the protocol prints... that is until they disabled impermanent loss protection now you lose 50% because they dont want celsius to destroy their token

>>50907551
Id love to know the real story about whats going on there.
I was staked in bnt from the 2.1 launch, at peak i was like wallet 75 in bnt but sold some along the way and in the end pulled 100k bnt out of v3 and converted back to eth at the bottom.
Ultimately i think bnt will just keep grinding, in crypto anything can happen i guess and it could breakout and moon to 10 or 20 or something, but ether is a better bet and so far so good ..

>>50908060
I don't even care about my BNT, I just want my BTC ETH and LINK out of their shitty protocol...

>>50908060
they lost most TVL, have huge deficits, fees arent enough to cover anything, absolutely no plan to fix it.
they just want to drag this aslong as possible. they know exactly that its over. why? because they cant drain those ico funds with overblown wages for themselves when it dies

>>50907799
You can withdraw but BNT tanked so they disabled the IL protection so everyone can only get back 40-60% of their crypto. Options are wait and hope BNT recovers/IL protection is turned back on or take the haircut so you have access to your money

>slowest devs in crpyto
>had first mover advantage with AMM and nothing cam out of it, literaly got overtaken by every DEX
>model completely broken after 5+ years of development
>v3 still not finished after 1+ year
>foundation completely silent
>whole project is set up so foundation is not responsible exactly when this happens
>DAO does not care for TNK holders
>devs only work for grants and do not give a fuck
>recovery plan is to take on AVE ond COMP simultaneously with the most incompetent devs
kek imagine Bancor surviving. I took 25 eth haircut yesterday, I will never recover but at least neither will this dumpster fire of project

>>50908710
It’s funny how they could’ve solved this problem simply by bailing out the protocol which they have more than enough funds for. Confidence would’ve been mostly restored . Instead they ban people for suggesting this. And the people left are insane bagholders like alphavilion

lmao niggers still holding 2017 bags, just fucking move on this is crypto retards

>>50908503
solid summary.
>>50908446
basically this. there's a chance the protocaol can be saved as long as trading liquidity, which provides fees to the lps don't dry up.
that said, i withdrew my link for the haircut, which was pretty devastating, but i'm super bullish on link (and eth) for remainder of year and didn't want to be stuck with even less.

https://web.archive.org/web/20220710102652/https://gov.bancor.network/t/proposal-bprotocol-foundation-must-formally-clarify-its-role-to-the-bancordao-as-well-as-appoint-an-official-representative-etc/3773
archive link as the team deleted this

>>50907460
jewish scam

>>50907303
>already lost 40% of your money
>quickly climbing to a 50% loss
>no signs of stopping, bancor brand in shambles

You have no intention of taking a haircut. Any reasonable person would have done so already. You are looking for someone to validate your already made up mind for staying.

You will lose everything.

>>50908738
>>50908738
Read between the lines idiot. If they could have bailed out, they would have. They likely misspent the funds or already absorbed it into their personal coffers.

>>50907525
Fuck off mark. No one is going to use your shitty protocol after you raped all the LPs, which is the entire premise of your protocol. I hope you die in jail

>>50909901
Those fucking Bancor kikes withdrew all their shit just before shutting off ILP. Those mother fucking basterds. Of all their crimes, this is the most unforgivable. Fuck them and fuck their mothers.

>>50909984
Did they? Source?

>>50909860
Banctards cope by saying bnt will outperform eth and link because staking will be hyperinflationary lmao

>>50907460
ancient rugpull from the long long ago

>>50907303
these retards simply had to launch during the crash. the ponzi protection might have worked out for a while otherwise

>>50907303

Ya broke, fringe finance is the future

>>50907551
Take it out now. They have no reason to give it back to you, they already fled to Israel

>>50910654
oy vey! A country with no extraditions for its citizens you say?

>>50907303
>he trusted a jew

>>50907303
look at that alien looking face

I am almost fucking crying I can't take that loss. Fucking cunts

>>50910921
should have thought about that before throwing 150k at shitcoins like its nothing. But of course burgers dont know how to value money

>>50910997
Dude I bought BTC ETH and Link. They are not shitcoins. I am european, fuck you too.

>>50910921
With jews you _____

>>50911010
>yuropoor
even worse, you should know that $150k goes a long way in europe
>Dude I bought BTC ETH and Link. They are not shitcoins.
did you win money? then theyre shitcoins from your perspective

>>50911010
I’m sorry fren, but not your key not your coins. Don’t forget again

>>50911099
I did, I am up from 20k to 200k. If I only didn't put them in this shitty protocol

>>50911157
I didn't think they would force migrate me to a broken protocol. Jokes on me

>>50907303
i called you retards when you guys were bragging about your high apy, whos laughing now? fucking retard, i cant even imagine giving mt money away to a sandnigger, holy fuck

>>50910921
told you:
>>50909860

>>50911223
so you only put 20k and you're up tens of thousands? stop crying dude you're doing fine, take the L as an expensive lesson, know that you will have more Ls or you'll become very adverse to risk

>>50907460
bancor deez nuts

>>50911305
>so you only put 20k and you're up tens of thousands?

Yes, considering I have been in crypto for a long time this isn't impressive. I am not even really much up BTC/ETH wise. It just hard to let go half of my eth link and btc that I considered to be my safe stack. I thought Bancor is legit.

>stop crying dude you're doing fine, take the L as an expensive lesson, know that you will have more Ls or you'll become very adverse to risk

I will at some point. I still hope for a BNT pump to lift the deficit a bit before I pull out. And being a native retard, I even have a little bit of hope left they might pull something out of their hat to fix this nightmarish situation. FML.

LocalCoin LTD is Bancor.

>>50911988
>LocalCoin LTD
What do you mean?

as painful as it is, take the haircut. Swing trade a portion of your portfolio to regain your losses.

>>50907303
she's so gosh darn cute i want to kiss her

>>50911269
Fucking hell, this is exactly why i look out for platforms which are non-custodial a good one is spool.

>>50912163

>>50912705

>>50912705
Wtf. So it has been a scam all along?

>>50912812
Notice the founder of Celsius and the founder of Bancor named in this suit against Sirin Labs.

>>50912717
Notice they are a board member and advisor, respectively, of Sirin Labs. Celsius withdrawing during the market down turn caused ILP to get turned off...right after Bancor v3 encouraged as much deposits as you wanted. B3 was the exit liquidity for Benartzi's buddy at Celsius. An elaborate ponzi several years in the making hiding behind "decentralization".

>>50912887

Oof. Thank you for sharing all this information.I found some sources but could you provide one for this?

>>50912966
https://ico-class-action.org/class-actions/sirin-labs-token

>>50912924
Is she really the niece of Netanyahu? This is insane.
>>50912986
thanks

>>50912993
https://patents.justia.com/assignee/bprotocol-foundation
https://patents.justia.com/assignee/localcoin-ltd

>>50912993
Where's this from?

>>50913141
https://www.coindesk.com/business/2020/06/11/with-token-uptick-and-israeli-election-work-its-been-a-busy-year-for-bancors-founders/

Also found this https://www.israelhayom.com/2021/03/30/sara-netanyahus-nephew-was-in-charge-of-likud-hq-system-that-crashed-on-election-day/

>>50913107
so the foundation is basically this Localcoin company. Bunch of shady fucking jews

>>50913158
Yes, but on their discord and telegram they'll deny the Bancor Foundation are related in any way. They use AmaZix moderators to silence any one from saying there is a connection or a "team" when in reality it is LocalCoin Ltd.

>>50912924
What do i do know? Become a rocket scientist for Iran?

>>50907303
i feel so bad for bancor bros desu

https://en.checkid.co.il/company/LOCALCOIN+LTD-APd2yoa-515503480

>>50913209
Yes. All my money is going to Palestine now.

>>50913209
*now

>>50912993
>Is she really the niece of Netanyahu? This is insane.
Indeed, holy fuck

>>50913286
https://www.weforum.org/people/galia-benartzi

oh fuck oh fuck

And I always thought it was all memes about jews being greedy manipulative trash

I am glad I made this thread. Before I had some hope left they have good intentions. No I have no doubt left this is a huge scam and they helped out their celsius ceo friend by fucking over regular LP's.

>>50913225
Mine would, if it wouldn't still be stuck in Bancor. Taking the haircut tomorrow.

Just going to leave the $8k or whatever i have on there. It probably wont ever recover, but what I can do is hopefully wait for the asset to go up then lock in the haircut and point the loss to an Israelian based company. Then at the big jew meeting they can find out which jew is responsible for the loss of jewish tax revenue and they will be responsible for paying a jew fine.

>>50912887
>>50912717
That's why they waited until mashinsky pulled out with 100% ILP before shutting it down for the goyim

>>50913547
God. It is all clear now. And I wondered how they could have been so incompetent. There must be a way to get this fuckers in jail

>>50913556
They’re not worth the effort of jailing.
Just nuke them. You’ll get a bunch more like them at the same time.

>>50911462
You can wait and BNT might do +10%, or it might literally go to zero. I couldn't sleep if I had my money on their protocol. Look at the facts, they have less than half of the LP coins left in the protocol in some cases, no plan to fix or bring new liquidity into the protocol (who would stake with them after this kek), have already said they aren't using the foundation funds to make LPs whole, and basically have a zero percent chan e of survival, especially if they ever turn ILP back on which I doubt they actually will. Get what you can off ASAP. This is financial advice.

>>50911462
this is crazy stuff
what's more likely, bnt pumping for no reason or eth (merge) or link (staking) pumping?
you're playing with fire

>>50913681
>>50913727

I know you guys are right. I am still coping and hoping that they will announce basically ANYTHING that pumps BNT a bit and lifts the deficit. Even in this shitty state it outperformed BTC in the last 30 days, I was counting on the Bancor fucktards to alteast try to make their token pump. Fuck me

>>50913775

Just to be clear, these people got kicked out of countries over 1400 times for pulling huge madoff type scams like this until they tried to starve Germany to death and finally caught some consequences. Never ever trust a jew with anything that you care about.

>>50913605
Pretty much this. Afterwards we wont have to send a bunch of tax dollars to the middle east anymore and porn studios will shut down. Will usher in the gilded age of the second Renaissance.

Unfortunately Bancor will not recover, and they know this. They lost ~80% of their liquidity, and no one is going to go back to them. They've had all this time to gain market share and failed, so they definitely aren't gaining it now with their reputation. If they thought they had a chance to recover, they'd loan from the foundation and earn it back, but they know it's not happening, so they are letting the protocol die and then splitting the foundation money and riding into the sunset. The IL won't get better because all other assets will pump harder than BNT pumps, and BNT will dump harder whenever the assets dump. They are absolute bastards, and they almost stole 14k linkies from me that I had in there from v2.1 and never migrated to v3 and I happened to pull it out when shit went sound just days before they turbo raped everyone like me who was just casually holding in v2.1 and FORCED them to join v3 and steal their money to help ease the damage. absolute scumbags. fucking sucks ass, just start focusing on rebuilding, this market is wild and you can easily make it all back, get to work

Putting all technical shit aside, how can anyone ever trust Bancor again after this? It's over, people are in denial.

>>50914222
here's a good thread on it in case I wasn't clear enough
https://twitter.com/LoverPlaid/status/1557285772398673922

>>50914252
They had a choice between making users whole with foundation money or playing the DAO card. They chose to turbojew. If they ever recover it will be hobbling over the finish line met with contempt,scorn,jeering from the crowd. If they bailed out liquidity providers they would be cheered along the way and might go on to bigger and better races.

They already played their hand. They chose to do the wrong thing instead of the right thing. Synogogue of Satan.

>>50914310
They don't care about the product. If it works great, if it doesn't, oh well. They just care about the crowd funding and raising capital. Then they ride off to start the next one. They think "decentralization" will absolve them from fraud.

>>50914222
was in 2.1 to be "safe" too
such bs
2.1 had an excess of link so thought i was fine.. nope

>>50915116
very sorry brother. stealing from 2.1 users is the most criminal and mind boggling bullshit they pulled. but like I said, this shit is recoverable. keep learning about the young projects gaining steam, invest when their is blood in the streets, and learn how to take profits. you will recover x10 because of the motivation of this event

>>50907332
what foundation? yikes, you mean BANCOR Foundation? sorry sweaty, BANCOR Foundation has nothing to do with BANCOR Decentralized Exchange

thanks for playing

>>50915116
>>50915177
Feel for you guys heaps. I was in v3 and was not too knocked over by getting rekt, I took the risk and it didn't pay off. On to the next one.
But the people who were cautious enough to stay on v2.1 got completely fucked, completely unfair. I will never use any Bancor product ever again purely because of that. Not even because I lost money.

>>50912717
So THAT's where Uncle Moshe has been hiding out.

We warned years ago to avoid any project with women on the team. Ban or, celsius, etc.

>>50907303
>>50907466
>>50912993
God she's so fuckin hot, bros

Hey please support me here: https://twitter.com/abduramanblack/status/1559147459024195584

>>50912705
>>50912717
>>50912887
>>50912924
jesust

for a long while I basically believed in this project, but all this shit, and the connections between all these different companies, its all a giant fucking construct, everyone is a fucking liar and criminal.
holy fuck.

>>50917888
Checked!

>>50917888
I believed in it too. I thought since they came back from the hack they were a top tier team. I though, hey these Israeli kikes are based defi Jews. They’re not like the rest. Boy oh boy was I wrong. They took so much of my hard saved money. Fucking filthy Jews. FUCK ISRAEL

>>50918376
fuck.
you just want something to be what they say it is.

>>50911269
Only faggots chase huge APYs. If it's above 60% then the price is going to zero

>>50918376
>based defi Jews
based and jews shouldn't be in the same sentence

>>50918454
I stake EGLD, MEX and RIDE on Maiar dex. APYs are below 30 for all. You must be delusional to invest in high APY projects

I shilled Bancor last year, I feel dirty and used. I only have half a Bitcoin, but other than that I'm done with crypto. Everything I buy rips me off I can't stand it anymore.

>>50918456
I know anon. Fool me once shame on you, fool me twice, can’t get fooled again.

>>50914252
Crypto hss short term memory loss. If they just put something up and wait for the next bullrun then they'll be fine unironically

>>50907303
I'm still in just because I'm overall very bearish on the overall market and have been rebuying my position slowly since. I'd be out today if I believed the 10k eth and 1k link story eoy but I'm still not sold that BTC isn't going down to 10k so any fluctuations I have in my deficit really aren't that bad. (1054-> 550 link, 4 -> 1.87 ETH). I've rebought 610 link and 2 ETH at these prices so I'm not down too bad.

I really did believe they could pull themselves out of this one and the foundation would step in but now it's becoming more and more obvious to me that ILP will probably never be made whole and are held hostage by the dao. I still think I can afford to stick it out because at least they've put up proposals but if we get a big crash again and no sign of life I'm out before it gets worse. That's how I'm rationalizing it for the time being. I am a minority though since everyone else is really bullish but I just don't see the case for it with the impeding economic doom we face this winter.

You guys are fucking retarded. The agency hired to spam this thread to FUD Bancor should be fired.

Bancor actually screwed over Celsius massively by disabling IL protection. Celsius took the biggest haircut of any LP by far.

The FUD about Bancor helping Celsius is totally backwards, they fucked them in order to save LPs in the protocol against the vulnerability.

https://coinjournal.net/news/chapter-11-bankruptcy-celsius-withdraws-eth-stake-in-bancor/

From this article:

"Withdrawing ETH stake in Bancor
According to reports from PeckShieldAlert, a suspicious Celsius account withdrew 12,880 ETH coins and 7,183 ETH coins were obtained from a Bancor liquidity pool.

Celsius has been reducing its ETH stake in Bancor after turning off the Transitory Loss Safeguard. Last Thursday, the crypto lender withdrew 2000 ETH from a liquidity pool on Bancor and received 1,150 ETH."

>>50907551
just do it fren, if LINK shoots up it will be worse

>>50918499
>I only have half a Bitcoin
dubs
look...the meme has alot of truthiness in it.
if you just buy and hold bitcoin, in the long run you are going to be ok.
all these other shitcoins exsist only to get more bitcoin.
you see posts here occassionally when an anon finally realizes and just converts all there shitcoins to btc and is at peace.

>>50918866
tell me one DAO which didnt even have a plan on how to recover after two months.
its over, everything else is cope

>>50919278
every DAO is just a big fucking joke anyways.
the devs hold 85% or more of any given token. uniswap never get a quarom unless hayden wants it, bancor just deletes all proposals they don't like and in one of the BIPS they gave themselves the power to act unitlaterally anyways, do the DAO is functionally meaningless.
>picrel

>>50918485
They can offer 5% and mismanage things so it has the risk of a 30% yield.
But this project is a beaut. They lose everything by loaning to bad risks (their friends), then blame the collapse on creditors pulling out.

>>50918485
That's a decent APY chad. I for one got into LP mining ORE/ETH for 53 % APY. Pretty decent.

>>50911010
BTC and ETH are proven bluechips. I have my eyes on platforms focused on identity management and security as they have the potential for the next bull market.

>>50917751
Go back

>>50912705
you can't make this up. holy shit.

Precedent

>>50914252
>now
If you touched this shit after 2017 then you deserve it.

>>50919278
kek

She has a $100k crytopunk profile pic.

>>50924736
And is shopping for the $50k matching cryptopunk pendant from Tiffany's.

>>50918902
The problem is that no one will trust Bancor again after this.
It's just another shitty LP without ILP and they won't get more liquidity again without a miracle causing a death spiral of fees and users.

>>50924812
It's unfortunate because they could have had a working product but they were running a long con scam from the start. The word play they use and "don't look behind the curtain" wizard of Oz style decentralization bs is telling.

>>50924773
she was very rich well before bancor, her first company sold for like 300 million. no telling how much of that 300 went to her, somewhere I read she made 30m on that deal.

>>50924882

>>50924909

>>50924736
>>50924800
>>50924909
>>50924944
HOW COULD I BE SO STUPID TO GIVE THESE JEWS MY LINK AND ETH AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

It's worrying that chainlink shilled both Celcius and Bancor. I wonder if they were complicit or simply naive. How did I manage to not trust either of them and I'm a retard meanwhile Sergey is a supposed expert on this shit.

>>50907303
I took the haircut a few weeks ago. ~5000 LINK lost. It hurts but I just couldn’t trust them and didn’t want to risk losing everything. Especially since as LINK rose in price the amount that I was able to recover was less and less. Fuck em

>>50925029
I saw Bancor on the Chainlink YouTube around the v3 launch and figured all was well.

The amount of trips and dubs in this thread is immaculate.

>>50925137
Because it's a based thread. I am glad I started it. So much dirt I found out about Bancor scammers thanks to based anons here

>>50924882
She’s higher up like you moron. Of course she had money before

>>50925029
yes, this is a very good question.

Here's their lawyer. Started and stopped working for Bancor/LocalCoin at the same times. I hope the FBI is monitoring this thread.

>>50925253

LiquidApps seems to be another one the non-team's ventures. Coincidence the same lawyer worked for them too.

>>50925253
anon are you that guy from TG that started class action lawsuit?

>>50925335
No. I just want people to have the tools they need.

>>50925351
Spam it on twitter or hope one of those faggots pick it up from here

>>50925331
Yudi Levi is a "dev" for Bancor that down plays any sensible means of making Bancor users whole. He swears he is not part of the foundation or team. Just a "contributor" but has been involved with the Benartzis for over a decade.

>>50925394
Do what you will with the information. Hopefully the right person sees it to take legal action or the foundation starts shelling out the cash owed.

>>50918499
Bitcoin
Ether
Link
It’s that simple anon. Read the god protocols. Everything else is noise.

>>50925029
>complicit or simply naive
aka....stupid or liar.
both are bad answers.

>>50925509
I'd say privacy protocols are the real deal anon, the increased rate of hacks would only amplify the need for their adoption in the space.

>>50925409
>Yudi Levi is a "dev" for Bancor that down plays any sensible means of making Bancor users whole. He swears he is not part of the foundation or team. Just a "contributor" but has been involved with the Benartzis for over a decade.
hes a fucking liar, or it may be a "legal truth" but yudi levi IS bancor. He wrote the fucking whitepaper.

>>50925029
you're flying too close to the light, little moth
careful not to burn your wings

Fuck you Benartzi siblings, Fuck you Netanyahu, Fuck you Mark, Fuck you Yudi, Fuck you Nate, Fuck you Tyler, Fuck you Glenn, Fuck you all BNT shills here. I am taking the haircut.

>>50907434
Yeah. I huffed the copium for a couple of weeks by
Ut it's a shitshow. Lost 10k link.

>>50907587
Unfortunately this. The time to save the protocol was days after the crisis. Not weeks.

>>50926537
Months. It has been fucking Months. All they had to do was to announce literally a blog post saying the Foundation is commited to supporting the protocol and is coming up with a plan to propose to the DAO to make LP's whole. BNT price would rise and the issue would become nonexistent. Instead the chose to play the Jew card. FUCK YOU GALIA IF I EVER SEE YOU IN TEL AVIV I WILL FACEFUCK YOUR WHORE FACE UNTIL YOU VOMIT. STUPID WHORE

>>50909984
Don't think that's true desu

>>50918902
Yeah they funked celcius. But they fucked us too. I'm in here funding for free because they had a chance to save it and proved incompetent

>>50918902
Yea sure a hired agency. It's all natural fud from rekt LP's.

>>50925767
Elaborate pls

I STILL CANNOT BELIEVE I WITHDREW LITERALLY 100% OF MY ASSETS LITERALLY ONE DAY BEFORE THEY SHUT IT DOWN

GOD SMILES UPON ME PRAISE HIM

>>50927131
I still hate myself for not withdrawing before v3. I was so close.

So we have a bunch of news article linking the bancor team to known scammers like Mashinsky Hogeg or Netanyahu (most corrupt PM of Isreal ever)

But I still don't get the whole story. If v3 was a long planned scam to to funnel the LP's money to their Mashinksy, why didn't they let him withdraw all of his ETH in full but made him suffer IL on most of his stack? Because it would have been too obvious?

>50918902
>"Withdrawing ETH stake in Bancor
According to reports from PeckShieldAlert, a suspicious Celsius account withdrew 12,880 ETH coins and 7,183 ETH coins were obtained from a Bancor liquidity pool.

>>50926509
I waited a month before exiting, lost 9k link and was 5 days into the cooldown when they pulled ILP

reminder
early threads doubting bancor's development plan were flooded with shillfarms and kikes
this continued until the situation got so bad, shills could no longer keep it under control

>>50907303
Fuck that kike whore, and fuck her kike whore goy raping platform.

>>50927554

>>50926598
Fuck you Mark.

>>50925509
You missed Ore Protocol, it should be on the list for what it's doing with blockchains and identity management.

>>50927785
Suck your mother’s cock

>>50927019
It's a veiled schizopost about Sergey deliberately sabotaging linkies to decrease their holdings

>>50927622
I'm not mark. I lost Bigly on bnt. But I still don't think what you said is true

>>50928060
It's a schizo theory but also the most plausible. It also aligns with the various theories that retail are not supposed to own link. At least the elites are threatened by ogs who own a large slice of the pie

>>50918499
I guess you're screwed pleb. Mismanagement of funds is one of the causes of getting rekt and that's why I see platforms that prioritize asset security getting bigger in the coming months. You can't give up on crypto, you just need a new strategy.

>>50927187
Me too...

>>50918376
>They’re not like the rest. Boy oh boy was I wrong
this happens every single time unfortunately

>>50928543
https://www.fbi.gov/news/stories/cryptocurrency-fraudster-sentenced-021119

>>50928580
I hope this is what awaits the the Bancor scammers as well

>>50912924
coin clippers at it again, history repeats, or rather it rhymes.

https://www.washingtonpost.com/business/2022/07/22/crypto-ponzi-scheme-eminifx/

>>50928293
Mega bullish if true

T. 30k post haircut

https://www.sec.gov/tcr

https://reportfraud.ftc.gov/#/

>>50907466
if you runyour fingers through her hair to kiss her you'd feel small horns

>>50927401
Because the Bancor Protocol "foundation" and Mashinsky didn't lose their money, they lost your money.

>>50928928
These guys should go to prison, but they won't. At least they will have to live the rest of their days looking over their shoulder.

>>50911157
Everyone knows this by now. Non-custodial platforms are the only ones worth transacting with now to avoid losses. It even boils down to DEXs as I just came across one which enables private swaps and trades for users.

>>50925509
monero?

buy signal?

Alright the FUD is getting out of hand here. No other top 5 Dex provides IL protection at all. Bancor temporary suspends it's own unique feature and everyone loses their shit but no one brings up the 40-50% IL on other Dexs. Just be a little patient you bunch of babies. This is cutting edge DeFi if you didn't anticipate and can't handle a few bumps in the road your investing in the wrong arena. Stick to stocks and rocks

A founder is listing their own coins now but won't give you your money back. The "protocol isn't privy to foundation funds" ie. LocalCoin Ltd.

>>50929610

>>50929559
The superfluid liquidity feature has been disabled with the pause of ILP because the bnTKN is worthless (or about half) without it. Supefluid liquidity was a big feature for v3.

Bancor is having to reinvent version 3. Why would they have launched v3 with it being so broken it needs to be re-engineered after launch. Deposits should have been paused much sooner and LPs should have been able to take their token out of being an LP and reimbursed accordingly. This was a design flaw and no amount of hiding behind decentralization makes LocalCoin Ltd. not responsible for the damages.

>>50929559
The facts are just getting real.

not to sound like an asshole but if you bought MATIC last month you would've broke even and made extra profits, especially since it went up by over 170% while most cryptos were dumping hard as fuck

>>50929706
Please don't remind me that I have matic on bancor protocol. 80% haircut my ass.I will fly to Tel Aviv and spit in Galias face before I take that

>>50929706
I should have bought Matic here.

>>50929610
>1.3m x 0.02 =
>$27,000 worth of IL protection
disgusting subhumans

Galia's too busy microdosing for her next big sca...I mean entrepreneurial idea to care about your money.

>>50930065
>No bro it went up 10% it's too expensive it could drop more
Literally me

>>50931329
Sometimes I think about having sold link at $20 and putting it all in Matic. I would have had $50M.
I'm trying to see if any more gems pop out soon like they were in 2019 to throw $1k at here and there.

>>50931645
>Sometimes I think about having sold link at $20 and putting it all in Matic.
You don't have to lose twice anonfag. Get some MATIC probably add ETH before the merge and Sylo also as they're gonna fully decentralize communication in the metaverse

>>50931934
I already hold a ton of MATIC bizfag. I can now make private transactions on the blockchain with Railgun live on it too. Gives me a sense of security.

>>50917888
It's an israeli company, what did you expect? Racisp and antisemitism has saved me countless times in crypto investing.

>>50931934
>Sylo also as they're gonna fully decentralize communication in the metaverse
Could be a turning point anongfag as web3 can use PFP NFTs to communicate and explore the metaverse.

OK, I just bought 250,000 Sylo.

>>50908060
I love how everyone keeps burning up over some big boy related shit and I'm still sitting here humbly waiting for champ to finish his game

>>50907303
Should have just bought EGLD and done metabonding. You get to earn UTK, BHAT AERO and a bunch of other tokens.

>>50929706
Dca always work, doesn't it? Been breaking even on my Vet and Xpress for some weeks now. People hardly take advantage of opportunities.

>>50929610
>>50929616
they really must think we're cattle

>>50931645
They are there anon. You just have to look. Payments solutions have been on my radar. Some projects seem to be on it. Still watching from the sidelines.

>>50929989
Might be time to move on from that. Working products win and CryptoXpress has some boxes checked. Crypto payments are here to stay.

>>50931645
You should look for solid long-term investments instead. I have my eyes on projects that focus on
> NFTS
>Cross-chain interoperability
>Web3
The next big thing might come out from one of them.

>>50933617
You forgot payment solutions anon, especially those with passive income attached to it. Based imo.

>>50933181

Dca always work, doesn't it?
>does not require timing
>does not require "being right"
>just need some patience
if you dca into the big projects, you will make it, you just need to keep chugging

>>50929458
It's a good time to DCA till we get to the next bull cycle. I invest 20% of my weekly income on assets like RAIL, AZTEC and MINA.

>>50927554
>2022
>early
This jewscam was exposed in 2017. Fucking newfags.

>>50933181
Currently I am dcaing and being diverse. Everything correlates to Bitcoin or eth to a decent level of correlation so being diverse just protects me from something going to zero.

>>50935094
>This jewscam was exposed in 2017. Fucking newfags.
its true, there are alot of newfags here that weren't around in 2017 when eth went from $7 in january to $400 by spring, fueled by ICO's.
the biggest ICO ever at the time was Bancor, pulling in 153 million. It got crushed by tezos later that year with an uncapped ICO that took in 250 million in "donations" to a fucking ex goldman banker.
bancor still holds the #2 spot and that 153 million ICO was a huge part of the original hyper moon cycle for eth from single to triple digits.

>>50934391
Big projects like Ore Network.

>>50935138
Diversifying, you mean.

>>50935370
No I mean being diverse as I'm black

>>50933784
Payment solutions will gain more relevance when users can easily manage their web2 identities on emerging web3 networks.

>>50910747
Wtf that's so bad anon .

>>50918485
Nice one anon one of the good things about the Utrust payment platform is, it brings #DeFi to payments, making it a whole lot easier to access payments without third party,making it a kick ass project.

>>50933617
Look freaky cool, Buying NFTS, staking, farming and LP pools are easy to use on the web3payments platform it will help with mass adoption, making it fucking juicy Fast easy, secure and clean with a growing ecosystem

>>50935403
Yea like it's so cheap easy and fast access it will be like a wet pussy lol

>>50933150
Demn anon the way merchant enjoys a leaner more profits on business by integrating crypto payments through that,it's so fucking sweet dude it stands distinguished with unique tokens to settle payments transactions.

>>50935354
Wtf is ore and what importance does it have to do like everyone is just saying shit

>>50920014
Holy shit that such a huge duck feelings but I get caskback doing transaction settlements through the web3 L1 technology, asides cashback rewards that it offers when using the platform, the different tiers of stakings will launch definitely in this Q2 with APY of 15-25%
Making it so horny that you can helped but fuck in or get fucked lol

>>50907303
KEK and I love how everyone always made a point to mention Bancor was the first to market with an AMM solution.

>>50939369
>KEK and I love how everyone always made a point to mention Bancor was the first to market with an AMM solution.
well, its true right? they were an idea that was way ahead of their time.
the thing is though, vitalik is a kingmaker, he wanted hayden to be the amm with uni and he made it happen, end of story. sushi caught on at least for a time but by all accounts its basically abandoned project now right?

>>50912717
Top kek with jews you lose. Pol was right again

>>50935403
Crypto would gain more mainstream adoption as a currency but more attention would be given to platforms that bridge web2 to web3 as they would take the space to the next level.

>>50938357
You've clearly been snoozing bizfag and don't know the slightest thing about crypto but I'd spoonfeed you. ORE is the solution to mass blockchain adoption. It gives cross-chain interoperability to users with just a single ID, and makes it easier for even institutions and VCs to access blockchains seamlessly.

https://www.jpost.com/israel-news/article-714779

>>50933784
Passive income is important but I give more priority to asset security and management. Bottom-line is losing funds sucks and it's good that we have projects in the ecosystem focused on helping users keep their assets in check.

>>50937913
Kek, that's how seamless things will get when you can use a single ID to get a lot of things done on the blockchain, despite the complexity of many chains.

>>50938357
Dumbass. With it, you can control your identity across various chains. Dyor

>>50934989
yes but I'm talking about Bancor, I know it sounds retarded, but I'm going off a gut feeling I've always felt about them (if they manage to survive this period)

>>50935138
Which assets are you diversifying on? My current picks are MATIC, RAIL and MINA for the long term.

I've finally decided to bite the bullet and take the haircut, cut my losses and endlessly FUD Bancor (and anything else its leadership team is involved in) until the end of time. The current state of Bancor is unclear to me - is there still a 7 day cooldown if I migrate to v3 to withdraw?

>>50947711
No, it's instant now

I would wait a bit desu but your call

>>50947800
Still making up my mind. Tbh, I don't think I ever fully understood what I "invested in" here. Why would this gap ever decrease given that Bancor has proven they're willing to fuck over LPs like me at the drop of a hat?

i did a safe 3x with bancor last year, i love this jew

>>50926509
YOU ALL WERE TOLD YOU STUPID CUNTS. YOU WERE TOLD COUNTLESS TIMES. Every time I see some poster saying they lost on these scams makes me laugh you fucking deserve it seriously. Even the defi retards once you accounted for a very safe health factor the income per year never made sense it was pitiful. Seeing how many link marines had stacks on these services from here and Twitter makes me realise how you were just early not smart at all

>>50947861
It depends on the pools and your overall situation. BNT outperformed BTC the last months and I am mostly in the WBTC pool so waiting worked out so far for me, the deficit in that pool shrunk quite a bit. It also depends on if you are in v2.1 or v3, v2.1 LP's might get a withdraw window soon and IL could be less on your personal v2.1 position compared to the socialized v3 positions.

Bottom line is: If you wait, you will risk losing even more tokens for the chance to getting more back. If you withdraw now you realize your loss. You have to tick the box, accepting you are only getting some of your TKN back, so you are out of the picture for any future compensations.

We don't know hat is happening behind the scenes. But I can't imagine they will just let their project die, they wouldn't be still hiring otherwise. They still have v3 features they planned to roll out now, but they have to adjust them to the new situation. My guess is they are trying to get more LP's to withdraw so it wil be easier to compensate the rest. Even if there is no compensation there should still be some attempts from them to hype up the BNT token as it increasing in price the easiest way out of the deficit. Also BNT is finally not getting printed like crazy anymore so I don't think it's impossible that it moons a bit soon

>>50948080
>v2.1 LP's might get a withdraw window soon
source: my ass

Read the wording. They better get my money back to me.

>>50948600
https://gov.bancor.network/t/proposal-move-v2-1-liquidity-to-v3/3872

>Give v2.1 LPs an option to withdraw at the IL levels based on time of deposit, just move the surplus

>>50938357
Its a jew scam. The jews infiltrated this thread.

>>50908738
there's not enough BNT liquidity for a bailout