You are viewing a single comment's thread from:

RE: Bancor Is Flawed

in #cryptocurrency8 years ago

I dont know much about bancor. What I know is that they are solving a quite complex problem. And I looked at the formula on the white paper. For me this formula is way too simple. I like simple, sure. But this ICO did not convince me. I just have a feeling there is smth. not working.

Sort:  

Well talking to people on the Bancor Telegram there are people who believe this pricing model will be more accurate at finding value than a traditional bid/ask market system. I disagree because pricing is dependent on outside influences, none of which their algorithm takes into account.