Benimen

Long Bancor - "The beatings will continue until morale improves"

Long
Benimen Updated   
BITTREX:BNTUSD   None
Bancor angered a lot of fans and had a very greedy crowdsale process which really exemplified crowdsale madness, with its $150 million raise, which coincided right at the ETHUSD top in June. Since then it's been a dog and anyone who got in has likely had buyers remorse.
But it looks like 'morale' is about to improve in a huge way here with Bancor, starting with Bancor Foundation Council member, Eyal Hertzog, doing a TechCrunch Disrupt "ICO" panel tomorrow morning with Dan Morehead (Pantera Capital) and Jun Hasegawa (OmiseGO).
Source: techcrunch.com/event...nfo/disrupt-sf-2017/

And following that, Eyal will supposedly do a CNBC interview.
Source: www.reddit.com/r/Ban...message_in_telegram/ "Marketing/Communication Guy: "@Hertzog is about to do a panel on ICOs at Techcrunch, followed by an interview with CNBC. I will ask him when he's done if he can get more info."

Additionally, the projects using Bancor Protocol have been stacking up: www.reddit.com/r/Ban..._committed_to_using/
Lastly, a sub-$100 million valuation (coinmarketcap.com/assets/bancor/) pretty much makes the fundamentals ripe for a massively oversold reversal upwards.

But lastly lastly, chart-wise, BNTUSD looks to have just bottomed a wave 2 with a massive wave 3 rally next up.

Overall, IMO it looks like morale is about to hugely improve with Bancor.

Disclaimer: I am long BNT as of today, 9/17.
Comment:
From their Telegram channel:
"Guy @ Bancor:
Folks... We have a little surprise for you. UX is starting to roll out. Still a few kinks and only BNT activated at the moment for easy buy and sell, but Web3 integration is live! We will do a formal blog post about it on the 21st. And of course this is just the beginning of many rapid product iterations to come, but we now have a base we are comfortable working off of with real tokens on MainNet using Bancor protocol."

Overall adds to the notion that perhaps the tide has turned here for Bancor's BNT.
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