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/biz/ - Business & Finance

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24828642 No.24828642 [Reply] [Original]

45 minutes ago, Bancor (BNT) got listed on Coinbase Pro - and seems like it'll be on regular Coinbase in around 24 hours from now. It's already up 16% in the last hour due to its listing. Just giving a heads up, now GO

>> No.24828710

>>24828642
Hello my brother. We meet again at a coinbase listing.

>> No.24828739

It was $3.50 on Coinbase for a bit WTF lol
sadly I have no access to trading, will make sure to get it next time. Had to take profits on Binance instead.

>> No.24828781

>>24828642

I saw the analogy a few days ago that biz is like a battered wife to bancor and I thought it made a ton of sense.

They seem to have turned it around though and the protocol has been running smoothly. Really hoping they upgrade the UI soon and they keep the momentum going. They seem to be the leader with other liquidity protocols being the followers.

>> No.24828788

Bancor pamp?!!! There are those who said this day would never come. What are they to say now?

>> No.24828873

Bros how much should I throw at this? 10k usd? Price will only go up right?

>> No.24829054

>>24828873

Think about it Bancor invented AMMs the origins of DeFI traces back to them. Now they have a monopoly on solving impermanent loss and single sided staking. This is unprecedented really. $5-10 eoy easy. $15-30 Q1 2021

>> No.24829196

should i consolidate my rari and index holdings into this?

>> No.24829240

>>24829196
put the fuckin' house on it

>> No.24829339

>>24829196
its going to $10 if not $50

>> No.24829342

You suckers made me sell when it dripped below 60cents.... i’ce consolidated my bnt stack to link (think it was at 9$) and know you fuckers fuck me with this? Am I totally retarded when I put my link back into bnt again with a bigger loss than shaq‘s dick?

>> No.24829707

Just loaded up. When will this get listed on the main site? That usually happens after a pro listing, right?

>> No.24829709

I know nothing about this coin, but some coins like CELO and NU pumped hard between coinbase pro and normal coinbase, but some like BAND and ATOM have bled the fuck out even through the listing. What causes this disparity and which category does BNT fall under? It's following the bullish patterns of coins that had a major pump after coinbase listing

>> No.24829774

>>24829709
Don’t forget FIL, which did absolutely nothing.

>> No.24829782

>>24828710
Hey dude, long time no see!
>>24829707
Last time with NuCypher it took around 24 hours

>> No.24829844

Thanks FREN! ROck on!

>> No.24829863

>>24829709
>>24829774
Come on anons it’s not rocket science. ATOM/BAND/FIL are all like top 50 projects with less room to grow, NU and CELO were really low in MC so of course they pumped. BNT falls more with the latter, expect a pump just a bit smaller one in comparison

>> No.24829940

>>24829863
Exactly what this guy said

>> No.24829944

>>24829863
I have literally never had luck with shitcoins so even if I only make a couple hundred bucks I will be ecstatic. Just left my fiance and have been taking a big financial hit.

>> No.24830217

If this thing is anything like nucypher my village will finally buys a toilet.

>> No.24830378

>>24828642
Is 6000 BNT enough to make it

>> No.24830450

>>24830378
How does thirty-thousand united states dollars sound?

>> No.24830658

>>24828642
Is a 50% possible on this coin? Genuinely just need this shit to go to 2.50

>> No.24830819

>>24830658
yes u nigger

>> No.24830852

They listed SNX as well and I bought before.the listing. This shit is already dumping fuuuuuuuuck.

>> No.24830871

Friendly reminder that BNT holders only serve as human toilets for whales to dump their freshly minted impermament loss insurance

>> No.24831162

>>24830871
already dumping? are you smoking crack? look at it go!

>> No.24831233

>>24831162
Not on the Coinbase Pro chart. I've got it open as we speak, it pumped initially, then dumped,crabs since then. The usual pattern at new listings. Might break out any moment though.

>> No.24831248

Easy 4-5x from here

>> No.24831261
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24831261

>>24830658
Yes. I have 8k BNT, and I like many others will not be selling. 43% of all BNT is locked up for at least 24 hours providing liquidity. Won't consider pulling it unless it goes to 8.00. Making 260% rewards and don't want to reset my bonus multipliers.

>> No.24831375
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24831375

It really is free money, isn't it?

>> No.24831461

>>24831233
I wouldn't use that as any other indicator than market interest.

>> No.24831883

>>24831461
Checked. Bought a bag and see where it goes. New listings usually only really pump after the regular Coinbase listing, which will probably be tomorrow.

>> No.24831912

Checked not meant as digits checked...

>> No.24832017
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24832017

oooOOOOOOOOOO

>> No.24832040

>>24831883
Good luck! She just blew through 1.70

>> No.24832047

I know most of you will see this as a quick "sell the news" flip, but the amount of work that has happened on Bancor since the v2.1 launch is immense, and the amount of good news that is coming in the next month is huge as well.
Part of me actually wishes this listing had happened in about a month, as there is so much good stuff happening in the short term, it would have been better for people to see the more complete product.
There are gas optimizations, a new, cleaner UI, a Liquidity Mining interface so it's really easy to see your LM rewards, and a few other things that I can't even really talk about without pissing people off, but which add huge long term value to BNT holders who stake on the platform.
But the core product of Bancor, which is a system that incentivizes Liquidity Providers to stake and to stay staked for 100 days (at which point they are fully insured against impermanent loss, which absolutely cucks people's gains on every other AMM) is solid as fuck.
It's cool to be listed on CB and to bring attention to the project, but way more than "ooh it's pumping" I hope this gets people to look at what Bancor is building, and how much their core offering has improved, and then stake on Bancor as a result. It's the comfiest place for long term liquidity provision by miles. Their systems for impermanent loss mitigation are genius tier. It's awesome to see the team that pioneered so many solutions finally get the recognition they deserve, but this is only the beginning.

>> No.24832057

So on Bamcor I always get my initial tokens back +fees? I'm just finding out what impermanent loss is. why would you stake anywhere else? This plus single token staking with over a year of liquidity mining rewards coming up. This is the beginning of a legit 100x moon!!!

>> No.24832079

the other day i learned why its called the bancor

>> No.24832087

>>24832079
why

>> No.24832091

>>24832047
insurance by inflation is not insurance, it's just delayed loss. Not sustainable.

>> No.24832226

>>24832091
The insurance is paid out through the fees accrued by protocol BNT which is minted and burned without ever touching the market ie non-inflationary.

>> No.24832230

Why won’t it let me buy...

>> No.24832246

>>24832087
https://en.wikipedia.org/wiki/Bancor

>> No.24832276
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24832276

I will never miss an opportunity to post this

>> No.24832291

>>24832230
hbtc

>> No.24832353

It's too late to buy now, right guys?

>> No.24832370

>>24832353
It hasn't even hit the main coinbase app yet.

>> No.24832390

>>24832353
No, certainly not. Expect a pump for about 2 days at least. This is just getting started.

>> No.24832483

>bought in at $1.92
Hope everything turns out ok...

>> No.24832512

buy the rumor, sell the news.
shit will dump hard when it's on coinbase.

>> No.24832544

>>24832512
It pumps, then it dumps. Have to get the timing right. As always, no risk no fun.

>> No.24832572

>jumps 30% yesterday
>now this

not suspicious at all

>> No.24832620
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24832620

>>24832572
I don't care as long as number go up

>> No.24832659

>>24832572
Coinbase listing wasn't announced today. Of course it pumped.

>> No.24832665

what is a realistic price target? I mean I was not expecting another pump this high. Its like no one fucking knew it was being listed yesterday but everyone was talking about it. I dont want to ape in now if its too late

>> No.24832809

>>24828642
what about aave

>> No.24832935

>>24832659
it was known on the 11th that coinbase was listing a ton of new products. bnt was one listed.

>> No.24832947
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24832947

Why is there no energy here? Come one lads, we're making fucking money.

>> No.24832956

>>24832809
risky but more potential.

>> No.24832976

>>24832956
https://blog.coinbase.com/aave-aave-bancor-bnt-and-synthetix-snx-are-launching-on-coinbase-pro-67278bcd8192
Im referencing to this, it also got listed on coinbase pro today. Will aave launch on regular coinbase too?

>> No.24833026

>>24832947
Awoooooooooooooooooooo!

>> No.24833057

>>24832976
if there is liquidity found on pro, yes

>> No.24833871

>>24829196
No, Rari is going to 5-10X

>> No.24833891

what's a hot wallet I can use this with? My ledger won't be coming until later this week so I need a place to store it temporarily

>> No.24834206

>>24833891
Metamask is the easiest shit.