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19892619 No.19892619 [Reply] [Original]

https://youtu.be/KPCvjVanqnk?t=510

BNT is in "an extreme up trend and I wouldn't expect that to stop any time soon."

Congrats to all of you who got in. We made it. To those who didn't, it's not too late. Last chance before this goes parabolic.

>> No.19892667
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19892667

This looks already massively overbought, when the hell is it going to dip?

>> No.19892944
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19892944

>>19892667
>he's a fudding nothing burger didn't make it on time unikukker simp

Whatever brah. You had your chance.

>> No.19892979

>>19892944
How am I fudding? It looks overbought, fact. I want BNT but buying now seems risky

>> No.19893038

>>19892667
It will dip from $3 to $2

>> No.19893078

>>19893038
Yeah I guess that could happen, I've been burnt by fomoing in before so I'm wary. We'll see I guess

>> No.19893116

>>19892979

Fair enough. Hard to tell the fudders from the frens in biz swamp. But I actually think BNT is an exception to this rule. When Bancor V2 goes live and the pools fill up it's going to push BNT price higher. And that will also trigger BNT market buying, which will fill up the liquidity pools. This could be a totally parabolic bull run like SNX late last year. Don't jump in front of a moving train. But yea, if its too risky for you, dont touch it.

>> No.19893174

>>19892619
based

most people don't even know that V2 means for the defi ecosystme LMAO

>> No.19893196

>>19892979
how overbought? they have lowest p/e ratio in defi by a fat margin:
https://tokenterminal.xyz/

almost same earnings as kyber and 1/3 market the cap so at least 3x to go

u saw COMP and BAL, bnt next

>> No.19894074

>>19893196
I wonder what the ratio will be few months into the V2

>> No.19895007

>>19893196
Based, fundamentals > technicals