/biz/ - Business & Finance

How do they calculate the 2.75?

Wall error 404 not found.
Reeeeeeee
I'm a bancucks still holding 100 BNT.
That was an amount I can afford to lose so whatever.

0.009198 now

Did the buyback run out of funds?

price eth * price of bnt in eth.

Oh lord jesus theres a fire
0.091 and dropping fast boys

wtf just how

>>2618845
If you can afford to lose it there is no reason to not HODL, it might do something in a year or two.

Didn't invest but curious how this happened. Did they burn their buyback reserves already? Anyone know?

Kinda wanna buy now.

>>2618858
As far as I can tell there was literally no wall. mfw you people took the jews at their word

Wait how is that possible? Don't they have massive buy floor at 0.01?

>>2618878
Why would I hodl when I can buy it cheaper tomorrow?

jesus christ

i'm actually going to end it today

>>2618858
>>2618880
>Did the buyback run out of funds?
Hahahahaha, they constantly increased the ICO limit while it was running and you think they have run out of funds to support 60% the price they sold it at?
They literally jewed everyone that brought.

it's below .01 because people are too stupid to use this contract.. they setup another contract that will buy back bnt at .01 that's the wall

>>2618900
Never time the market bro. You will burn your own ass eventually.

>>2618917
What the fuck is this system then. Can't I buy at 0.0092 and sell at price floor then?

>>2618820
holy fuck, this is gold

>>2618820
nice buywall

>>2618942

Shhhh

>>2618942
Yes

>>2618858
The wall is a separate contract. So people selling for less without bothering to use it

>>2618917
>>2618942
>>2618980
>>2618989


THESE FUCKING DESPERATE SHILLS SPREADING LIES HAHAHAHAHAHAHHA

YOU
ARE
FUCKED

HAHAHHA

>>2618820
Its down even more right now. I thought it was never to go below .01

lmao
bancor cucks BTFO

always remember this lesson - we tried to warn you!

HAHAHAHAHAH

GET REKT

MUH BUY WALL
MUH JEW MARKETING

THE MELTDOWN ON TWITTER AND REDDIT IS FUCKING GREAT

WHERE DO I SELL MY BANCORS FOR 0.01 ETH AND MAKE FREE MONEY!!!

GIVE ME THE ADDRESS

You can still get into XBY a real community cryptocurrency without miners and no more POW/POS but instead with the revolutionairy POSign

>>2618980
>>2618989

No fucking way we are the only ones who thought of this. Profit must be offset by the risk of the sell-contract running out of dough by the time you can actually sell at 0.01.

>>2619033
i wanna see the meltdown, link plssss

Is this a "Drowing Pool - Let Bodies Hit Floor" crash or a "Disturbed - Down With the Sickness" crash?

>he trusted a jew
how can anyone on the chans be THAT stupid

yeah i bought in to bancor but now i see they are retarded
if they wanted to setup a buy wall they should have converted the excess funds to btc and actually put a big ass buy wall on bittrex

they are going to get fucked using two smart contracts like this.

>The reserve is not depleted until every BNT is liquidated.
>The team holds 50 percent of the BNT
>The buywall is not going to evaporate and leave you behind if you dont sell at a loss
>get your head on straight and sort yourself out

hmm maybe it can go below 0 after all

>>2619058

Oh, definitely. I'm not bothering with it.

This garbage coin deserves this and much more, and every support of Israel who bought into this got their just desserts.

>>2619059
This.

>>2619070
Depends on your overall position, for me I'm 5% down after 250% gains so I'm more https://youtu.be/w40ushYAaYA

>>2619033
bancor ethtrader subs

search twitter for bancor $bnt

>>2619098
>The reserve is not depleted until every BNT is liquidated.
the reserve decreases exponentially, it's not depleted until every BNT is liquidated because the price per BNT approaches zero

>inb4 bancor shitcoin is first coin to hit negative value
>inb4 jew devs demand reparations from their investors because of the holocaust

>>2618820
I bet Bancor is also behind BTC drop.
At least the majority of ICO's are the reason why BTC is going down. Participating in any ICO is literally the same as straight up dumping BTC. And now all the BTC that went to ICO's are dumped by them.

So can we buy bancor cheap and sell it back to the contract? Seems like easy profit?

Someone do some math. How big is the supposed wall. How much of that evaporated through arbitrage from 0.0092 back to 0.01

>>2619002
lel, this
There are about five fucking steps to setting up the contract and cashing out, this is what you get when you pretend you have an 'early adopter investor community' in the middle of an autist lambomoon frenzy

Holy fuck it keeps dropping.

>>2619217
If there aren't bots already doing it then it's not worth it.

I hope it goes below 0.009

ahhahahahahahha

>>2618820
>when have ico's EVER gone below their ico price anon? stop fudding

LEL

>>2618820
What was Bancors ICO price compared to now ($2.28) ???

Where were you when /biz/ was redpilled on the JQ?

Pic related

>>2619287
All the fucking time

>>2619304
ETH was very close to $400 at the time of the ICO so about $4

>>2619287
That is because not even shitcoin ICO scammers are as greedy as jews.

>>2618820
completely out of the blue, noone could've predicted this, there must be some mistake etc

>>2619315
Never when they first hit exchanges....

>>2618820
What is their github? I'll save the codebase!

>>2619044
0xdc2c5fe58ebe20bfa9c8f0b5c37683155591e142

>>2619383
kek
*PM me so we can split

HEEEELP

On bancor website is says they raised 396,720 ETH.

How is it possible that current market cap is 767.92K ETH ?

Makes no sense.... PLS explain


https://www.bancor.network/fundraiser

>Valuation of 150 million at the very peak of a bull market.
>Backed by 20% eth
>Jews
Yup noone could have predicted this.

>>2618820
i woke up and didnt think it could possibly be lower. im so scared guys

>>2619406
no need to explain :^)
buy goy buy

its back at 0.01 everyone relax

>>2619416
Sell then..

>>2619416
are we living in the same reality? >>2619348

>>2618820
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHHA

WHERE'S THAT KEK FROM YESTERDAY SHILLING "IT WILL NEVER DROP BELOW 0.01 ETH S-STUPID GOYIM"

Ahahahahhahahahahhahahhabahaabababhahabhaababahahhahahahaha

what i dont understand is why do people sell at those prices or ICO price. Every single person that sold their BNT since hitting exchanges made a loss. Even those that didnt buy their ETH at 400$ to get in the ICO because they couldve sold them at that price

The least these jews could do is provide a damn calculator so that people can determine exactly how they are gonna be fucked. How do I figure out how much of the buy wall has been eaten up by arbitrage going from 0.0092 back to 0.01

>>2619033
Links pls

>>2619406
Coinmarketcap is clearly wrong goy.

WHERE CAN I SEE THIS FABLED $30 MILLION BUY WALL IN REAL TIME?

HOW MUCH IS LEFT?

Warren Bufffet: I never buy something I don't understand.
Guess these stinking old granddads are not THAT dumb eh

sir u like bankor too? buy more pleas i beg u. then prize go all way up. i need coin be very expansive to sell expensive i need betar educatyon for my childs. pleas buy 1000000 bitcoins of bankor i kno u rich.

Stop FUD. There is a smart contract that buys at 0.01 Eth. It CANNOT fall below this price. The whole point of Bancor is to provide stability.

>>2620267
Has "jevel" in ID
>mispronouncation of "jewel"
>jewel
>jewe
>jew

HAHAHHAHHAAHAHHAAHAH GTFO

The way of the JEW. Do minimal work for maximal profit.
>>2619305
NUKE! PURGE!

>>2620267
The buy contract acts like a big wall. Have you observed how the market behaves once a big wall starts getting chunked?

The very concept of this coin seems like an utter failure...

they need to remove the wall or whales gonna eat it. they have zero incentive to pump.

>>2620925
now that's one smug caviar commie