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Bankera

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Comments

  • #52
    garrettod
    Registered Users, Registered Users 2 Posts: 2,452 ✭✭✭garrettod


    makeorbrake wrote: »
    Some take all the risk whilst others sell the picks and shovels :-)

    Selling them is fine, but selling them at inflated prices when there's no alternative isn't just. :)

    Thanks,

    G.



  • #53
    MurDawg
    Registered Users Posts: 533 ✭✭✭MurDawg


    You could essentially pick up BNK at 1 cent at one point, judging by the teams performance over the past month thats a steal.

    Fully expect them to keep the promise and have their exchange running this month.


  • #54
    garrettod
    Registered Users, Registered Users 2 Posts: 2,452 ✭✭✭garrettod


    MurDawg wrote: »
    ....You could essentially pick up BNK at 1 cent at one point, judging by the teams performance over the past month thats a steal.

    Hi,

    It looks a steal alright, but lets face facts here - they've tried to "love bomb" people over the last month, but prior to that they were very poor on communications, marketing and promotion, while their customer service was also questioned by some.

    I think they've rattled peoples confidence a bit as a result. The tech may have been going well, but the "investor relations" and customer service hasn't.
    MurDawg wrote: »
    ....Fully expect them to keep the promise and have their exchange running this month.

    Please see this Blog update, dated 1st June 2018, by Bankera

    From the 1. June Update:

    "Bankera’s exchange will be a gateway for liquidity and fair cryptocurrency prices for other products such as wallets, loan services and investment products. As in cryptocurrency businesses security and stability come first, we have to be extremely confident about it before going live, which is why the platform development is taking longer than expected. We plan to have it live in several months. "

    That could end up being the start of Q2, 2019 ... not Q2, 2018 as promised, tbf.

    They've avoided answering the question directly, in another thread on Reddit when they were asked.

    There was recent mention of hiring in staff, on one of the Bankera blog updates - the next new recruits need to be good PR & Marketing people, along with good customer service.

    .

    Thanks,

    G.



  • #55
    Inquitus
    Registered Users, Registered Users 2 Posts: 13,762 ✭✭✭✭Inquitus


    BNK down to 0.00604 representing a nice 70% loss based on the avg ICO value of 0.0207, as I previously stated it was an awful value proposition given the information available at the time of the ICO, and that it would absolutely tank when traded, as it has done, but of course if you Hodl it's going to the moon :rolleyes:

    That's not to say it is a terribly bad idea it was just a vastly overpriced offering that shouldn't have been touched with a bargepole.


  • #56
    Inquitus
    Registered Users, Registered Users 2 Posts: 13,762 ✭✭✭✭Inquitus


    0.0028 now, staggering loss since trading went live, 80% odd. A lot of people got burnt I'd say.


  • #57
    makeorbrake
    Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    Inquitus wrote: »
    0.0028 now, staggering loss since trading went live, 80% odd. A lot of people got burnt I'd say.

    It's a crypto minefield out there. Watch your step!


  • #58
    makeorbrake
    Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    It looks like Bitwala are making progress on a similar project to what Bankera were driving towards.


  • #59
    Inquitus
    Registered Users, Registered Users 2 Posts: 13,762 ✭✭✭✭Inquitus


    Well a year on and the current USD value of one BNK is $0.001715 so anyone investing lost their shirt of this one, well bout 90% of their shirt based on the average ICO price. The weekly transactional payout has tanked as well as having been diluted drastically by coins issued to partners for commissions, advertising and other services:

    August 9th Payout
    "Last week, SpectroCoin, Bankera Exchange, and Bankera Loans generated a net transactional revenue of 17,149.36 EUR. 20% of that was distributed among BNK holders. This totalled to 3429.87 EUR or 16.858553196635 ETH (given the current exchange rate of 203.45 euros for 1 ether). The total number of tokens outstanding includes 10,000,000,000 BNKs of the pre-ICO and ICO, and 924,176,189 BNK tokens that were distributed by the end of last week as referral commission bonuses, bounties (for translations, promotion, etc.) and as compensation for some of the advisors. The 924,176,189 BNK tokens were issued from the tokens allocated for management and advisors. There were 10,924,176,189 BNKs issued in total. Since the net transactional revenue share is only allocated to issued tokens (not the total possible supply in the long-run), each BNK holder has been allocated 0.0000000015432333665225 ETH (0.000000313970828418996 EUR) per Banker."

    Clearly this was a PoS investment from day 1, hope anyone who invested eventually see's something of their money back!


  • #60
    makeorbrake
    Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    Inquitus wrote: »
    Clearly this was a PoS investment from day 1, hope anyone who invested eventually see's something of their money back!
    This is crypto risk management -> https://twitter.com/Panama_TJ/status/1163586332503040000?s=20


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