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/biz/ - Business & Finance


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49860561 No.49860561 [Reply] [Original]

>BNT supply (purple) stable
Nothing burger, the movie. Trannies screaming about the temporary IL pause should be shot by firing squad in minecraft.
https://dune.com/queries/13918/27879

>> No.49860567

>>49860561
Source:
https://dune.com/queries/13918/27879

>> No.49860601

>>49860561
Cope however you like friendo

>> No.49860827

>>49860561
Thank you Rick from Bancor for this PSA.

>> No.49860852

>>49860561
>removes IL protection at will
>Loyal submissives on 4chan still shill and defend your dumpster project

Really?

>> No.49860919

>>49860561
Yeah because they stopped giving people bnt as il protection.
Once they turn it back on if they ever do, it will death spiral. All the people who are currently having their bags held hostage will never return again

>> No.49861027

>>49860561
the coordinated fudniggers trying to doompost in the discord is so cringe
smug niggers who don't know shit

>> No.49861061

>>49860919
Fuck them we already stole their money. NEXT!

>> No.49861065

>everything is fine
>ITS THOSE RACIST LINK MARINES TAKING BACK THEIR OWN TOKENS
>ITS CELSIUS PLEASE BELIEVE US!
kek rip

>> No.49861073

>>49860827
I am not Rick.
>>49860919
>Panic remove like everyone else and get rekt guaranteed
NGMI

>> No.49861096
File: 14 KB, 493x328, bobo.jpg [View same] [iqdb] [saucenao] [google]
49861096

>>49861027
This is the fate for all doom posting fags long term when their shorts get liquidated.

>> No.49862086

>>49861065
Sounds just like
>this is all putins fault!

>> No.49862171

>>49860561
OP that's because they stopped giving people bnt to cover impermanent loss. So now bancor is guaranteed impermanent loss and you've already signed up to it

>> No.49862182

slit your brown wrists, op
nobody cares about your dead shitcoin

>> No.49862225

>>49861065
this
>YOU DO THE NEEDFUL AND NOT REDEEM SIR!

>> No.49862234

>>49862171
>OP that's because they stopped giving people bnt to cover impermanent loss.
what does that mean?
people who withdraw will lose 40-60% of their stack in bnt?
or is it just a small part like rewards or something?

>> No.49862242

You have to be an idiot if you don't buy bancor right now lmao. Even with all the fud it just increased in price. The reversal trend already began. You have been warned.

>> No.49862269

>>49862234
with link people are getting about 54% back currently
the rest is lost as they suspended bnt withdrawals
it's pretty brutal

>> No.49862301
File: 136 KB, 939x1066, Arbitrum.png [View same] [iqdb] [saucenao] [google]
49862301

>>49862171
If you are a panic selling faggot you will eat the loss instead of being patient. It fucking sucks but I can afford the loss if it rugs.
>>49862242
With the paused minting this shit can potentially pump short term. I hope doom posting faggots have their shorts fucking liquidated.

>> No.49862422

someone posted a screenshot of someone taking a 3k ETH loss on their withdrawal (9k/12k eth)
thats basically a free 3000 ETH that goes to the protocol to buy out other peoples positions, right?
if we just wait for these retarded whales to exit with IL, we can recover?

>> No.49862494

>>49862182
Trying too hard fudnigger

>> No.49862507

>>49862422
dude there is no 3k eth anymore, that is the problem

>> No.49862522

>>49862422
The are scared of Celsius getting BNT tokens from the IL mechanism and dumping on the market to profit off of their short while causing BNT to dump. I personally would've preferred BNT naturally dumped hard and I am not so happy about this decision. Bancor seems to have the upper hand and has time to think out the new IL rules.

>> No.49862548

>>49862242
i was just mentioning that this seems like PRIME short squeeze area. Something here doesn't add up.

>> No.49862582

>>49862507
i mean like with that withdrawal the deficit of eth in the pool vs initial deposits is smaller? or no?

>> No.49863217

>>49862269
wtf? i left 6k link on V2.1 waiting to see if V3 had any kinks and now I can't withdraw my stack without migrating to V3 and waiting out a one week cooldown + no ILP. is there even going to be any remaining liquidity in a week??

>> No.49863241

>Celsius starts withdrawing and shorting BNT to recoup losses
>all of a sudden bancor threads start showing up daily on /biz/ regularly hitting bump limit, when bancor threads used to be weekly at most and barely hit 50 posts
hmm

>> No.49863252

>>49863217
unlucky

>> No.49863259

>>49863217
They can do a monthly limited protection, a budget amount.

>> No.49863319

>>49862522
>The are scared of Celsius getting BNT tokens from the IL mechanism and dumping on the market
They are scared of celsius using the protocol as intended? lmao
>but muh "shorter"
market reacting to public information on blockchain
>its clesius!

>> No.49863871

>>49863241
sus

>> No.49864047

>>49863241
Indeed Mr Holmes. I feel like a tit for having way too much link on bancor, but there's something incredibly inorganic about the FUD, not that it's unjustified, it's just coordinated. For mine, I think it's a linkpool discord trying to throw thier competition under the bus.

>> No.49864065

>>49860561
Have the Celsius funds been removed yet?

>> No.49864094

>>49862086
Personally I blame white supremacy, transphobia and climate change.

>> No.49865001

>>49860561
OMG HAHHAHHAHAHAHAHAHAHAHA

POSTED ON 04:40 EXACTLY 6 HOURS AGO AND ONLY 33 POSTS MEANWHILE FOR THE LAST 7 DAYS THERE WAS CONSTANT FUD AGAINST BANCOR. GET FUCKED TO THOSE THAT PANIC WITHDREW AND LOST MONEY OVER NOTHING.

>> No.49865099

>>49864065
The eth, yes. Pretty sure

>> No.49865561

>>49864065
Still a 14888 left, we waiting for them to capitulate. Will remove a lot of IL debt from the protocol, while burning a lot of BNT in the process which we stupidly minted with the co-investments.

At the end of this all, BNT will lose like 50% of the supply, returning to start of V2.1 levels, which is good for B3.

>> No.49865737

>>49865561
lolno. The business model was to get as much liquidity as possible by making the protocol attractive to LPs. More liquidity = more swaps via Bancor & more fees. There will now NEVER be an influx of liquidity because the protocol will NEVER be attractive to LPs because the protocol CAN'T be trusted. It's broken, and BNT supply is irrelevant at this point.

>> No.49865804

>>49862422
You need to get a better understanding of IL. The ETH is gone.

>> No.49865891

>>49860852
>>Loyal submissives on 4chan still shill and defend your dumpster project
More like marketing from bancor

>> No.49866186

So they turn off IL, which in turns stops the minting of new bnt, and now you’re posting about how supply is stable? What the fuck kek. Am i missing something or is OP a complete retard

>> No.49866494

>>49865737
keep coping celsius tranny, people will continue to use Bancor as evident of this thread moving slow with people realising nothing happened with Bancor. It is clear Celsius paid shills to FUD the shit out of Bancor and now they lost they have given up on shorting BNT.

>> No.49866510
File: 96 KB, 1378x909, file.png [View same] [iqdb] [saucenao] [google]
49866510

Why are BNT holders being made whole. I thought the IL is sharded? WTF is this bullshit bros.

https://etherscan.io/tx/0xf40f7bc6078f205e56f82793b6501d42b9fb0c21583dcc0c22c0c60338af8c4b

>> No.49866611

>>49861027
This. Fud trannys deserve death in the most painful ways.

>> No.49866709

>>49866494
>people will continue to use Bancor
they will not
>nothing happened with Bancor
except it did
>they have given up on shorting BNT
everyone now knows to short BNT the moment IL-protection is switched back on. It's over.

>> No.49866808

>>49865804
He sure does anon IL can rekt those without real understanding. Leave whale's food for whales.

>> No.49866890

>>49866494
Why do people keep using what doesn't benefit them? Celsius has crashed. The cue is to stay away from lending and borrowing and stay with single staking like on beefy or freeway. Fud or not, market is shit.

>> No.49866920

one rule on this pedocord twitter sub reddit
whatever the spam says, do the opposite
>spam about selling
Buy
>spam about buying
sell
>spam fud
take long position
>spam shilling
take short position

>> No.49868599

>>49861065
Nobody said anything about link but clearly the shoe fits well enough for you to be bothered by it, discord tranny.

>> No.49868686

>>49868599
i dont have the screenshot but literally check ricks twitter, fag

>> No.49868692

>>49866510
that's what I want to know too, everyone just talks about LINK and ETH, but what's the situation with other tokens? are they relatively unaffected by this shitshow?

>> No.49868824
File: 86 KB, 1024x1280, 1609941371636.jpg [View same] [iqdb] [saucenao] [google]
49868824

some poor fuck just initiated a 34k link withdrawal. its honestly painful to know so many people are going to take massive, massive hits. the only saving grace is that prices are so low right now people may be able to reaccumulate atleast a little.

>> No.49868852
File: 183 KB, 700x700, pathetic.png [View same] [iqdb] [saucenao] [google]
49868852

>>49868686
I don't need to check shit, link tranny. Sergey dumped 25 percent of the supply in 2021 so I don't really take advice from one scam holder to another. Stay in your circle jerk threads.

>> No.49868888

>>49868824
Imagine being so dumb to panic withdrawal because of some coordinated Celsius fudniggers. I’m a little ashamed that I even spent the fucking gas to initiate the cooldown. It’s a rookie move to panic like a bitch.

>> No.49868899

>>49868852
why the fuck are you in a bancor thread crying about people talking about what the bancor fag on twitter said. even for a pajeet you're fucking dumb

>> No.49868939

>>49868899
Idk why are bancor threads full of linkies with a persecution complex? We just don't know

>> No.49868943

>>49862301
Just be patient bro
Kek

>> No.49869007

>>49868888
>ponzi unravelling, protocol effectively insolvent with less than half the liquidity required
>hurrr its celsius' fault goy! i use the word nigger so you know im a 4channer just like you goy!
the desperate bancor shilling is so utterly transparent, i don tknow why you even waste your time typing it. you are not convincing anyone. it's over schlomo.

>> No.49869015

>>49864047
There's nothing mysterious about the FUD.
You bancor fags spent years bragging about muh apy. We warned you that it wasn't free; you were taking a substantial risk. Well it finally happened. Now we are here to laugh at you.

>> No.49869093

>>49862242
it's only because the books are so thin that there are only bots trading so bnt follows btc. if people would get their money it would dump hard as rock

>> No.49869174

>>49868692
With IL protection turned off you can withdraw as much as your impermanent loss allows you to some tokens don't have any impermanent loss so they get everything back.

>> No.49869186

>>49868824
he deserves every lost linkie
every
single
one

>> No.49869358

>>49869174
oh fuck, right...so if you have anything in the bnt pool you could just front run all the other suckers by getting the market price from your bnt?

>> No.49869423

>>49869358
Yes but it isn't necessarily front running

>> No.49869485

>>49869423
right.
well, if anyone still has any BNT TOKENS in the BNT POOL, now it's the moment to pull them out. you will basically get everything back before this shit show burns to the ground.

pic related the previous withdrawer only lost 2 tokens.
you can thank me later

>> No.49869513
File: 229 KB, 2740x642, Screenshot 2022-06-21 at 15.59.55.png [View same] [iqdb] [saucenao] [google]
49869513

>>49869485
forgot the pic

>> No.49870543

>>49869007
Schizo FAGGOT I am literally a nazi from /pol/. I just want to make money. Fuck Bancor but they are not going down. Panicking is for women.
>captcha XHJ00

>> No.49870628 [DELETED] 

>>49870543
i hate nazis, and happy when I'm wrong. look at the 1h charts of btc and bnt, they are decoupling.
i hope you'll your stacks until zero

>> No.49870650

>>49870628
Fuck off kike

>> No.49870691

I hate nazis so I enjoy you being wrong
check the 1h charts on btc and bnt, they're decoupling
i hope you hold you're bags to zero and know that you're money was taken from you by an israeli company

>> No.49870720

>>49870691
Anon have you been reading about the short squeeze potential on BNT? There's a chance that BNT moons before it dies. A pretty good chance, even.

>> No.49870745

>>49866510
Because all assets are paired with BNT so BNT/BNT is not going to suffer from IL.

>> No.49870773
File: 326 KB, 1080x1665, 1655741693458.jpg [View same] [iqdb] [saucenao] [google]
49870773

>>49868686
>>49868599
kek bancor team absolutely blamed the LINK community
don't let the bancorkikes gaslight you, they are desperate for their bags

>> No.49870795
File: 1.88 MB, 1084x1364, Screen Shot 2022-06-17 at 6.51.20 pm.png [View same] [iqdb] [saucenao] [google]
49870795

>>49870773
>should be a short term scenario
yeah one way or another, kek

>> No.49870794

>>49862548
>short squeeze
Any time some 80iq anon utters this phrase it’s time to sell

>> No.49870822
File: 179 KB, 1080x846, Screenshot_20220620-142256_2.png [View same] [iqdb] [saucenao] [google]
49870822

>>49870773
kek check this out

>> No.49870830

>>49864047
>literally fucking ends IL
>any FUD is coordinated
Do you fucking listen to yourself? The only thing that is coordinated is the DEFENSE of Bancor

>> No.49870849

>>49870794
Except in this case where Celsius et al are sitting in huge shorts that were relying on BNT printer going Brr, and now not only in the printer turned off but withdrawals are halted, and Bancor can sit like this for a month while Celsius loses massive amounts on their shorts every day, and doesn't have a month to wait.
I'm actually trying to think of how this doesn't end in a squeeze and so far I'm coming up short.

>> No.49870871

>>49870794
>650% lending rate on FTX
>price pumped instead of dumping when team released bad news
don't worry I'm sure your short won't get liquidated :)

>> No.49870905

>>49860561
there has been a very loud fud campaign. People are like purposely misunderstanding the situation regarding celsius doing a massive withdraw and taking out a 300% interest short on BNT, clearly visible on FTX

>> No.49870908

>>49870773
>EVERYTHING IS A JEWISH CONSPIRACY TO RUIN LINK
>SEE? WE FREAKED OUT FIRST AND STARTED GETTING PISSY SO WE'RE JUSTIFIED
you fags have no credibility on this board. Takes a lot of work to be as bad as hbaggies or ICPers, but damn you must want the title back

>> No.49870947
File: 22 KB, 1879x368, Screenshot_215.png [View same] [iqdb] [saucenao] [google]
49870947

>>49870871
yeah gee i wonder why they shorted
probably just manipulators, nothing to worry about

>>49870908
malfunctioning bot lmao
also bancor cannot damage link, at most they can endlessly cry about the organic failure of their protocol and try to blame others (marines, celsius, at this rate antisemitism lol)

but i find the fact that you initially lied that bancor didn't blame link, but immediately switched narrative when i proved you wrong very amusing

>> No.49870985

>>49870947
desperate leverage degenerate still posting his disingenuous picture when the OP pic disproves it
you're going to get liquidated and there's nothing you can do about it.

>> No.49870995

>>49870947
They shorted because they thought they were going to get millions in BNT through IL protection that would guarantee start a death spiral and guarantee huge profits for their shorts.
Now the death spiral is cancelled because the BNT printer is turned off and the shorters are looking pretty, pretty fucked.

>> No.49871049

>>49870794
Christ imagine missing this shit AGAIN when we just saw Celsius get short squeezed under similar conditions. Doesn't mean it won't instantly crash back down but take a fucking bread my guy you're here >>49870830 claiming that bancor threads started by the same guy bitching about 3.5m link while continuing to post 50+ times in his own thread is organic while people saying "you're a nigger" is coordinated defense force.

>>49870947
they can't damage link anymore than link has already damaged itself. Also you posted a link to a tweet on the 19th and that was the same day i saw link holders freaking out about MUH 3.5MILLION LINK OH MY GOD AAAAAAAAAAAAAAAAAAAAAAAAAAAAA BANCOR IS RUGGING US AND USING THE LINK TO SHORT OUR SHITCOIN INTO THE DIRT. Does this change your persecution complex? So you're telling me this one tweet was enough to send you niggers into a seething rage? Pathetic.

>> No.49871054

>>49869485
I withdrew this morning but lost out on more than 10 BNT

>> No.49871072

>>49870947
>>49871049
Also I meant nobody in this thread was talking about link, but hey, thanks for joining in. You'll just call me a bot. Because once again
>everything is just a conspiracy to suppress chainlink

>> No.49871084
File: 406 KB, 1184x912, Screenshot_227.png [View same] [iqdb] [saucenao] [google]
49871084

>>49871049
cheers, you entered my compilation
let everyone know what the average bancor shill really is like
kikes hate the truth more than anything else

>> No.49871098

>>49871084
Actually I'm doing it for free

>> No.49871144

>>49870905
>and taking out a 300% interest short on BNT, clearly visible on FTX
it's 650% now

>> No.49871166
File: 72 KB, 616x787, Screenshot_223.png [View same] [iqdb] [saucenao] [google]
49871166

>>49871098
>free
yes "free", to save your bags lmao

>>49870995
if your protocol can enter a "death spiral" by getting shorted and/or "extreme market conditions" (lmao), it is fundamentally flawed and doomed to fail
that's like saying that LUNA was a perfectly legit project that was only ruined due to manipulation

>> No.49871170

Assuming a BNT squeeze is coming what is the best way to play it?
If you open a long can you set limit targets where you auto-sell? I wouldn't want to go to sleep and wake up with it having pumped and dumped back down already. Sorry I don't know shit about using leverage.

>> No.49871211

>>49871170
Don't play with leverage if you don't understand it. Even people who do understand it lose more than they earn most of the time.
Just buy and set a spot sell position. This achieves what you described.

>> No.49871253

>>49871166
I am not defending Bancor. Bancor is fucked. What I am pointing to is the opportunity for a BNT pump from the shorters having to close their positions.
They opened their shorts in the knowledge that BNT was about to enter hyperinflation. Then the printer got turned off, so there will be no hyperinflation.
Then, as another anon mentioned, even when the team announced cancelling IL protection the token didn't even dump. There was no more liquid BNT to flee after that bad news, about as bad as news can get.
Nobody is suggesting BNT is a good long term buy, but the major BNT shorters are now in deep shit due to the cancelling of the death spiral and if they are forced to close that will mean market buying huge amounts of BNT in a highly illiquid market where most people can't even sell, because Bancor has cancelled withdrawals.

>> No.49871272

>>49871211
That was definitely my initial plan, I'll stick to that thanks. No need to gamble on top of gambling in these sorts of condiitins.

>> No.49871300

>>49871166
do what you gotta. You gotta misrepresent what I said so you can post it on twitter I guess. I don't give a fuck about what people on twitter are writing so I never check it. Sorry, I guess someone did talk about link but I meant in the thread. I'm so sorry, linkie-kun. your stack is so big...w-why didn't i buy at a cup of coffee prior to bidenflation price uwu

>>49871170
getting really dangerous with the market rallying. I'm of the opinion that it's a dead cat bounce and the exit is too dangerous, but auto sells are your friend. Look at the celsius short squeeze, set some targets based on that, watch it so you can re-adjust as needed. Personally, I'd be looking for an entry point closer to 50 cents myself. RSI on the 1D indicates that it's oversold still I guess but I'm watching the 4H chart which has recovered nicely. At current prices, I'd be looking at an exit of no more than 80 cents if you can't be bothered to watch it. But I wouldn't be surprised to see this squeeze to 90c -> $1.00.

>> No.49871302 [DELETED] 
File: 784 KB, 3435x4579, agyy82b890851.jpg [View same] [iqdb] [saucenao] [google]
49871302

Bros is celsius, dare I say it, based?

>> No.49871340

>>49870720
yes I'm aware of this and I've been thinking about it, but the problem for me with this scenario is that for it to work, they would have to take head on the main short seller in an environment which is ultimately going to end up shitcreek for bancor.

Let's assume the short seller is indeed Celsius. Do you think they only recently opened their short? I would imagine they did it once they started to offload their first batch of bnt, which would make them roughly +60% on their short. In addition, no matter if Celsius is in the woods atm, they still have shit tons of capital for these kinds of plays.

The narration of the situation is bias to the idea that “bancor can wait this out”, but imagine that celsius has had a short open all the time…they are already up so much that they can wait it out and pay the daily funding, easy easy. It’s VERY unlikely that btc is going to pump enough in these market conditions to make a mentionable damage to the shorter.

They could also open a lev long, close their short and run the price higher, only to skim the squeezer and open a new short.

I'm not sure if there are many players that would want to these kinds of risks, and I don’t see this going bancors way, unfortunately for the holders.

I have nothing anymore in the protocol, and my advice would be to absolutely take everything out if you’re in the bnt pool because the ILP is not effective there, and sell it as fast as possible. That way you’ll at least get the best price. And yes, I understand that this would play in the shorters pocket, but based on everything above this is still the best choice. In terms of the other pools I would init and then check what they offer, probably much less for link and eth than the other pools.

good luck anons

>> No.49871354

>>49871302
whats his name?

>> No.49871382

>>49870691
Right here front and center is a filthy disgusting Celsius kike.

>> No.49871411

>>49871340
>no matter if Celsius is in the woods atm, they still have shit tons of capital for these kinds of plays.
Uh dude have you been reading the news? Celsius is potentially insolvent and has halted withdrawals and is desperately gambling with the last user funds to try and hail mary themselves out of trouble.
>https://cointelegraph.com/news/crypto-biz-crypto-carnage-pushes-celsius-three-arrows-capital-closer-to-insolvency-june-9-16

>> No.49871488

>>49865737
>>49866494

While he WNBAW, he has a point, DeFi exposed to "CeFi" is a fucking problem that should have the highest mitigations placed against it

POR, W/D Limits, less reward payout with higher amounts, or just basic contractual obligations of time invested, returns expected and forced out of the pool to renegotiate

That BNT was too dumb to expect this is a fucking cop out, that the jews are acting like they don't have the liquidity or assets to make each LP provider whole is pottery

>> No.49871587

>>49871488
I guarantee the Bancor kikes will make LPs who don’t panic like little bitches whole in due time. And there will be protocol upgrades to ensure this fuckery doesn’t happen again. Cap this, seethe cope and dilate.

>> No.49871668

>>49871587
>And there will be protocol upgrades to ensure this fuckery doesn’t happen again
the "sirs pls do not redeem" protocol upgrade

>> No.49871726

>>49871587
>I guarantee the Bancor kikes will make LPs who don’t panic like little bitches whole in due time
yeah just like how celsius will reopen withdrawals and everyone will live happily ever after xD

>> No.49871809
File: 41 KB, 768x719, 165567346346.png [View same] [iqdb] [saucenao] [google]
49871809

>>49860561
The Bancor Protocol Whitepaper was first introduced on February 13, 2017, by founders Galia Benartzi, Guy Benartzi, Eyal Hertzog, and Yudi Levi

>> No.49871830
File: 64 KB, 618x597, pepe4.jpg [View same] [iqdb] [saucenao] [google]
49871830

>>49870720
oh there's a "short squeeze" potential on every dying shitcoin these days
spare me

>> No.49871870

>>49871668
They could just put a monthly cap on payouts and you can still pull out.
>>49871726
You can't even pull your funds out of Celsius.
>>49871809
Discord tranny has arrived

>> No.49871937

>>49860561
color coder needs to be drawn and quartered.

>> No.49871950

>>49871587
Lmao bancor essentially pulls a bait and switch and all token lps are going to magically forgive them. Kek.

>> No.49871993

>>49871830
Have you paid any attention at all to discussions about the FTX shorts, the fact they were opened in the expectation of Celsius getting huge amounts of BNT in IL protection that they never ended up getting, the hedging on an inflationary death spiral that never happened, and the fact that even BNT holders can't sell because they can't currently withdraw?

>> No.49872023

>>49871950
I am not happy with the lack of transparency and notice on a situation like this. However Bancor has the ball in their court to pause IL minting. Even if you started the 7 day cool down with the Celsius situation your funds would still be stuck.

>> No.49872169

>>49870691
>I hate nazis
>Posts antisemitic shit
???????

>> No.49872177

>>49871950
Who gives a fuck? We had too much liquidity anyways. What we need is trade volume. Volume = fees. The liquidity will follow the APRs.

>> No.49872193
File: 705 KB, 1638x2048, 1587258762067.jpg [View same] [iqdb] [saucenao] [google]
49872193

https://etherscan.io/tx/0x0d50c7739e81b9ff1c954f2f11beddc70c1770e32921ec3067154ae18ce0be12
did this guy just lose almost 200k link? holy shit. guess you have no choice when the only other option is being the last one out of the ponzi and losing it all

>> No.49872314

>>49871084
link -90% in recent months
its bancors fault.
fucking kek.
i grant you, bancor is totally indefensible, but link is just a big a pos and you are fucking retarded if you believe otherwise.

>> No.49872316

>>49872193
As far as oofs go I would describe that as "quite large".

>> No.49872364

>>49871144
>there has been a very loud fud campaign. People are like purposely misunderstanding the situation regarding celsius doing a massive withdraw and taking out a 300% interest short on BNT, clearly visible on FTX
how can i see this?

>> No.49872405

>>49860827
>thinking anyone is going to trust you ever again with their crypto
maybe you should change the protocol name to barbershop since everyone who utilizes your protocol gets a haircut.

>> No.49872418

>>49872314
>bancor blamed LINK
>"haha that never happened, why do you lie?"
>*provides proof*
>"hahahahha are you really saying that LINK dumped because of bancor hahahahahha"
nice strawman, commit suicide

>> No.49872460

>>49872418
you're not even talking to the same person, tranny.

>> No.49872491
File: 151 KB, 454x453, 1633432242826.png [View same] [iqdb] [saucenao] [google]
49872491

>>49872460
he claimed that linkies blamed bancor for dumping, either due to being a shill or due to extremely low IQ
i corrected him
now get cancer kike

>> No.49872499

>>49860561
>*seize people funds so no new BNT is minted*
>"see BNT supply isn't increasing as much no more!"
retard jew sucker

>> No.49872504

>>49862494
Post hand.

>> No.49872524

>>49861073
>not removing your funds from a protocol that will steal them from you at the whims of some jew
retard, the instant IL is back on anyone who isn't a retard is gone from Bancor forever.

>> No.49872535

>>49872491
>bancor blamed LINK
>"haha that never happened, why do you lie?"
that was me. I mean I already corrected the record but you've already shared your screenshot on social media so I've brought shame on my family. Oh well.

>> No.49872772

>>49872524
You stupid fuck
They saved you from getting ass raped by kikes from Celsius. You nigger brained retard. Do you know what would have happened if the death spiral was allowed to occur? You would have lost everything. Have some patience and you’ll be fine stupid two digit iq nigger ape brain.

>> No.49872805

>>49872193
That's not a guy, that's nexos wallet. Look at the outgoing address, it's a wallet holding 150m in tokens

>> No.49872821

>>49872535
you deserve all that shame and more

>> No.49872848
File: 34 KB, 1665x299, file.png [View same] [iqdb] [saucenao] [google]
49872848

>>49872364
https://ftx.com/spot-margin/lending

>> No.49872861
File: 335 KB, 683x520, simeonsays.png [View same] [iqdb] [saucenao] [google]
49872861

>>49872805
So NEXO just lost another 190k LINK. That's fortunate timing for them.

>> No.49872957

>>49872177
>we

>> No.49872981

>>49860827
people from bancor are being very sneaky right now. There is a shill in the nexo thread doing the same shit

>> No.49873012

>>49872957
Yes we as in the community of LPers on Bancor.

>> No.49873017

>>49871809
Those names sound incredibly trustworthy to me, I am sure they are all fine upstanding gentlemen of the aristocracy with completely normal shaped noses and all of their penis skin.

>> No.49873185

>>49860561
>turn off BNT creation, stealing half of user funds
>"see BNT supply isn't going up!!"

>> No.49873211

>>49873185
Will you seethe cope and dilate when it’s turned back on and fuck off forever?

>> No.49873253

>>49873211
>turned on again
>people race to save 50% of their stacks
>another bank run happens
>they shut of IL (again)
>repeat
it's just a bankrun at this point. turning it off only slows the inevitable

>> No.49873586

>>49872772
The problem is the death spiral is just the protocol working as intended.
Its inherently flawed.

Clesius literally arent even in the wrong here, they are a whale that removed their liquidity.
How is someone removing their funds a malicious attack.
Bancor has been revealed as not real defi, nothing "trustless" about it

>hey guys come to my house for free hamburgers
>so actually uhh.. There are no hamburgers.. but please stay here anyway
>if you try to leave i will consider that a malicious attack and i will have lock the doors

>> No.49873633

>>49873253
>>49873586
You’re implying they cannot incentivize niggas to stay. Money talks niggas walk.

>> No.49873774

>>49873633
Yeah they advertised IL protection to get people to come and then revoked it. They turned off the only thing which people came for in the first place and now they are holding your stack hostage.
Scummy as fuck.

>> No.49873864

>>49873774
They protected my stack from a bank run by nefarious kikes (Celsius, Nexos, 3AC, et al) which would have wiped it out.

>> No.49873920

>>49873864
These “kikes” are just users of bancor and they had every right to withdraw their bnt retard

>> No.49873957
File: 53 KB, 560x746, 1559992955743.jpg [View same] [iqdb] [saucenao] [google]
49873957

>>49873864
>They protected my stack from a bank run by nefarious kikes (Celsius, Nexos, 3AC, et al) which would have wiped it out.
i hope this is a paid shill because it's the dumbest thing i've ever read

>> No.49874237

>>49873920
They're all kikes. Literally kikes as in genetically of the tribe. Bancor is kikes. Celsius is kikes. All these """decentralized""" finance ponzi schemes are kikes. Celsius absolutely has the right to withdraw their shit. They're also fucking over their own LPs simultaneously. If you fell for these schemes you deserve what's coming. Not your keys not your tokens.

>> No.49874518

>>49873774
hilarious thing was when the whale went in and deposited, they likely cheered and jumped and celebrated
now that same whale goes out and withdraws, they now scream and cry and stamp their feet

>> No.49874699

>>49873012
You work for bancor kek

>> No.49874727

>>49873957
>you should actually let the protocol go into a death spiral because that's super based
there's a proposal up to cancel it right now if you are into that kind of thing. I would say that it's the right move as well, but if you disagree then vote to remove the powers.
https://gov.bancor.network/t/bip21-dao-multisig-intervention-policy/3504

>> No.49874828

>>49873012
>community
Lol, lmao.

>> No.49875057

>>49872193
Holy shit, NEXO taking massive losses. That's also linked to another wallet containing $100m in steth, which they claimed to have no exposure to. They're just as degen as Celsius. Can't wait for them to blow up.

>> No.49875080

>>49874699
>everyone who doesn’t agree with me works for Bancor
Christ it’s like arguing with actual schizos.

>> No.49875111

>>49873957
>nooooo you have to let whales destroy your protocol it’s not fair if you don’t noooooo!!!

>> No.49875220
File: 54 KB, 600x600, withjewsyoulose.jpg [View same] [iqdb] [saucenao] [google]
49875220

>>49872772
>>49873211
This is hilarious, a year ago...
>Hey there goyi...I mean anons, don't you want some of this sweet, sweet APY? Come join the official chainlink OG's 42 and chainlinkgod, and hop in the pool with us at bancor! You know you want to, filthy goyi...I mean, based and redpilled frens!
>1 year later, anon decides to pull out due to liquidity crisis
>nooo fuck you nigger faggot! you're a fucking nigger pussy faggot if you leave the pool! anyone who disagrees with me is from reddit, and I am clearly a native og 4channler because I say nigger AND faggot!

get fucked kikes.

>> No.49875254

>>49875080
Nah you’re just that obvious

>> No.49875329

>>49875220
>>49875254
It’s funny because I’m not with Bancor. I’m just some fag from /pol/ who has been shitposting for way too long and have lost all humanity from this hellhole.

>> No.49875355

>>49875220
42 and chainlinkgod aren't even OGs. They weren't even around for 2017.

>> No.49875371

>>49875329
I'm from /pol/ as well and you got tricked by jews, at this point the best play is to cut your losses and never trust kikes again. Also try to learn what you're actually investing in, there's no such thing as free money.

>> No.49875388

>>49875355
checked and maybe my sarcasm wasn't obvious enough...

>> No.49875393

>>49871098
That's pretty pathetic
Have you ever considered being a reddit mod?
Seems like you'd be perfect

>> No.49875425

>>49875393
I'd rather janny here, i clap whenever mods delete link posts that just reek of /pol/

>> No.49875447

>>49875388
Checked and HH fren. Sometimes I just have autism. Always hated those twitter fags and I never understood why anyone listened to them.

>> No.49875450

>>49875371
I know :( and I shouldn’t known better. I thought maybe just maybe these were based kikes.

>> No.49875556

>>49875111
The protocol isn't worth shit if it can't handle one whale pulling out their liquidity. It is fatally flawed and they are just delaying the inevitable without serious changes. Even then most people are going to be put off ever trusting Bancor again

>> No.49875593

>>49875450
I don't blame you entirely because the shill campaigns here over the past couple of years were relentless, this board has been almost unrecognizable since mid 2019. The simple fact is retail is always the one left holding the baq, as much as we're cheering what's happening now, all of these kikes are still going to land on their feet, its the retail that trusted them that are going to get fucked in the ass.

>> No.49875728

>>49875593
Fuck chainlinkgod and fuck 42, they are the worst thing that happened to biz

>> No.49875759

>>49873012
top kek
this has to be some kind of false flag. is it possible bancor devs are this fucking brain damaged?

>> No.49875784

>>49875728
namefags are always cancer, the only reason to ever be a namefag is if you have relevant information and you need to be identified, like assblaster. If you post as a namefag for clout and to derail threads you're diluting the very value of this place.

>> No.49875910

>>49868852
Sergey selling at an obvious manipulated top so he could have an infinite runway in the bear market was the most gigabrained IQ move ever.

Unless you’d rather he sell Link for operating expenses in this current market.

>> No.49875932

>>49873864
>dude defi lmao become your own bank where only you are in charge of your money!
>n..no wait not like that!!

>> No.49876067

>>49860561
I thought that shit died years ago. Next you'll tell me you're a digimarine.

>> No.49876520
File: 512 KB, 532x782, digimarines.png [View same] [iqdb] [saucenao] [google]
49876520

>>49876067
>he isn't still holding

>> No.49876842

>>49869093
Yes, but think about it. People are not selling even with the news. All we need is some good news and cash will flow into BNT token.

>> No.49876879

>>49876842
Shut the fuck up you retards are so god damn transparent

>> No.49877021

>>49872772
>They saved you from getting ass raped by kikes from Celsius.
No because I'm not retarded enough to fall for the Bancor ponzi with a terraluna-tier shit design you retarded faggot.
Any system that relies on every participant acting in good faith needs to GTFO crypto. You don't belong here you grifting jew cancer.

>> No.49877076

>>49873864
>They protected my stack from a bank run by nefarious kikes (Celsius, Nexos, 3AC, et al) which would have wiped it out.
THERE IS NO BANK RUN ON UNISWAP.
THERE IS NO BANK RUN ON QUICKSWAP.
THERE IS NO BANK RUN ON SUSHISWAP.
BECAUSE THEY WEREN'T DESIGNED BY RETARDED GRIFTING JEWS.
THE PROBLEM IS NOT PEOPLE WITHDRAWING THEIR FUCKING MONEY.
THE PROBLEM IS YOUR RETARDED BROKEN DESIGN.
(hoping allcaps will help the message get into your thick skull.)

>> No.49877337

>>49877076
To be fair they didn’t shut off ilp until they (Celsius) opened a 600% short on bnt after they started dumping their bnt IL payouts.

>> No.49877464
File: 29 KB, 340x296, 1633017337234.jpg [View same] [iqdb] [saucenao] [google]
49877464

>>49877337
>to be fair they didn't betray every one who deposited into bancor until after their ponzi started to unravel
i see

>> No.49877667

>>49877337
literally anyone can open a short
all info about withdrawals is on public blockchain
you have 0 proof that its celsius

>> No.49877866

>>49876879
lol what do you mean, do you think I work for bancor or something? lmao

>> No.49877899

>>49877337
celsius has every right to do that
sure sounds like bnt is a broken system that can't handle much stress

>> No.49877978

I really wonder why people are so angry at a protocol if they aren’t invested in it. Why do you care when others lose money?

>> No.49878457

>>49860561
Stop telling them holy fuck

>> No.49878839

>>49877337
So what? Are we going to have endure shut downs on "our money" any time some asshole manipulator shorts BNT? No. The answer is to not have a design that requires every participant to act in good faith. That's THE ENTIRE POINT of crypto. Shit like this is what BTC maxis are made of.

>> No.49878859

>>49877899
Not even banks can afford if customers withdraw all their money the same day.

>> No.49878889

>>49877978
Because broken protocols and scams bring the government sniffing around, reckt faggots become propaganda machines to be used against us. But worst of all, because shit-tier designs like Bancor, Terra, the entirety of Solana directs money away from the good tech. Away from robust, sustainable solutions and innovative tech.

>> No.49878908

>>49878859
This isn't a bank. This is crypto.
Every other protocol can handle it without problems.
The problem is the broken design that mints BNT into a death spiral the same way terra did with luna. It needs to be scrapped.

>> No.49878964

>>49878908
I think Bancor could’ve handled it if they had more time to accrue fees for IL payout. I think they really just needed 2 months of crabbing to bootstrap V3 and this would have been avoided.

>> No.49879042

>>49878908
But with the change they avoided the death spiral. I'm confident in that they will fix things up. The price didn't went to shit after the change... and according to OP more tokens are being burned. To me at least, without marrying with bancor or something, I feel like I can get some profit short term.

>> No.49880160

>>49860561
>Nothing burger
>Cannot withdraw
I think this might be a something burger

>> No.49880446

>>49879042
>I'm confident in that they will fix things up.
Anon, a bunch of money is gone. You can modify the code all you want, but you can't 'fix things up' unless you have a bunch of replacement money.

>> No.49880467

>>49880446
They should just flip the code around so the money comes back in.

>> No.49880694

>>49870773
>>49870822
i mean hes not wrong, thats exactly whats happening. Its not the only thing happening but if you have seen their telegram its overrun with LPL telegram posters telling everyone to sell.

>> No.49881374

>>49868888
If they can give you a haircut, they can take everything too. Not your keys, not your _____.

>> No.49881376

>>49876879
as if the doomjerking fudniggers aren't transparent xd

>> No.49881843

>>49881374
They can’t take anything. They can however lose everything. A big difference

>> No.49882636

>>49860561
Bancor is in a slow death spiral

>> No.49882989

>>49862582
you're misunderstanding. Bancor isn't keeping half of these peoples deposits, they just don't have them anymore. It would be like going to a bank to withdraw ten dollars and only getting 5 because thats all the bank had.

>> No.49883137

>>49862582
>>49882989
this
one guy "only getting 50% of their ETH back" doesn't mean the others get any extra, since that changes nothing with the 50% lack of funds they already have

>> No.49883189

>>49880694
>did you see what happened over at the burned down theatre?
>it was overrun with theatre goers screaming "fire!"

>> No.49883300

>>49872177
>We had too much liquidity anyways

well you don't have that problem anymore lmao

>> No.49884887

>>49860561
bump because linkies are seething