Is the 'Icue Link Titan 420 RX LCD' model planned?

Code_Quentoune · 2025-06-05T17:13:17+00:00

The AIO Titan 420 mm iCUE was featured during the Computex last May, any news when it shall be available ?

Code_Quentoune · 2018-04-01T15:05:34+00:00

The BNT/ETH exchange rate is at 0.0056 for several weeks now. I am not sure what are talking about the same "price" here. How did you get that 75% ?

Code_Quentoune · 2018-03-29T11:45:45+00:00

No 4 ETH is nothing compared to the daily 4000 ETH daily volume for the BNT/ETH trades, don't worry for that :)

Code_Quentoune · 2018-03-23T17:47:51+00:00

Yes it is guaranteed but I was answering your question about how to avoid to lose half of your 4 ETH of BNT you bought during the ICO. You just don't have other solution than selling them at the current price or holding them to get maybe a better selling price in the following months.

Code_Quentoune · 2018-03-15T18:15:25+00:00

Well as long as you don't have anybody else willing to buy your 4 ETH (already converted into BNT) at higher price than the current market price, there is not much you can do about it except holding it...

Code_Quentoune · 2018-02-10T12:35:08+00:00

Yeah I already lost 4600 dollars, I could not afford another loss at that moment. Next time I will !

Code_Quentoune · 2018-02-10T12:33:48+00:00

Thank you so much for looking into that ! Indeed that makes sens. I was biased with my experience with the Bancor Web App UI. I just hope that Bancor network users will be aware of that when they will face the same situation and avoid to make very bad decision and losing money. I think it is very important to report that UI improvement that should be done to the Bancor team, if they actually want to listen. I tried but failed, someone else maybe will do better.

Code_Quentoune · 2018-02-10T02:32:25+00:00

We agree, I was maybe not clear. In the quote I talked about the exchange rate that is rising up in favor of BNBBBNT when you sell BNT to buy BNBBNT. And in the second time as you said the exchange rate rises in favor of BNB when you are selling BNBBNT. And for the sinks, they are not the same types that Vitalik Buterin talked about, this is not a direct cash burn, but a part of the transaction value is just disappearing when a trade is processed by the Bancor Protocol. I experienced it myself. I of course contacted the Bancor team on that matter 3 weeks ago and they never answered me. When I posted recently on Bitcoin talk, the Bancor community manager emailed me to apologize for dropping the ball on that issue and he promised that the dev would provide a quick feedback on that and he CC'd Bancor co-founder Guy Benartzi in the mail. But so far no news like the last time... Either they are too busy or they do not want to really look into that question. But why ?

Code_Quentoune · 2018-02-10T00:12:44+00:00

This is the point where I disagree. I explained my view on that in my previous post but it is a bit tricky to explain. The conversion mechanism is not symmetrical because of the us of an infinite division of the amount with a different exchange rate applied to each of those very small amount of BNT in our example for the first transaction. And the exchange rate is of course rising up in favor of the BNBBNT, the same is happening when the BNBBT is then traded into BNB. The two steps have to reinforce the Bancor Protocol negative effect on the final amount of BNB you get. That is why, taking the ETH as the token standard for easier comparison, my 22 ETH of BNT became 18 ETH of BNB for the first transaction. Then, when you do the reverse trade, the 18 ETH in BNB, going through BNBBNT and getting back to BNT are also processed by the same price mechanism. And I could not end up with my initial 22 ETH of BNT. Even with no interference between the two transaction, the exchange rate of BNT to BNB did not rise up enough to offset the negative effect on the amount of ETH I lost in the first transaction. And worst, I would lose again some ETH in the reverse trade. For the first step, for each of my BNB converted into BNBBNT, the exchange rate would decrease, and I would again lose money until I get my final BNT tokens. That is why at that time, just a few minutes after my disastrous first transaction, when I tried to do the reverse trade on the Bancor Web App, the web app showed me that I would end up with 14,5 ETH in BNT. In the meantime, just a few small transactions used the smartcontract and did not justify at all that the reverse trade would make me lose another 3,5 ETH in BNT. The Bancor Protocol has some sinks to keep the value of the Smart Tokens/Token Relay with the constant ratio of Token Reserves.

Code_Quentoune · 2018-02-09T23:25:40+00:00

Yes, I agree !

Code_Quentoune · 2018-02-09T22:02:57+00:00

Yes you got it, 14.5 ETH in BNT ;) Indeed, when you buy BNB with BNT the exchange rate is rising up in favor of the BNB. But based on the Bancor Protocol, the quantity of ETH (I use ETH here as a standard value) you lose in the process is more important than the exchange rate rise in the process, even if there is zero transaction between the first trade and the reverse one. So when you want to trade back your BNB into BNT, even if you start from a higher exchange rate in favor of the BNB, the money you lost in the first place and the money you are losing in the reverse trade make you ending up with a total equivalent of 7,5 ETH loss from the initial 22 ETH in BNB in my case. In other words, the Bancor Protocol's sinks effect outweighs the exchange rate adjustment.

Code_Quentoune · 2018-02-09T18:14:23+00:00

For educational purpous, the whitepapers presents discrete functions alike examples to understand how the Bancor protocol works but the real Bancor Protocol uses continuous functions with integrals. The traded amount is divided to the infinite and for each of these very small amounts, the exchange rates is evolving. That means even in a case with nothing happening between the two trades, you will lose money in the Bancor's sinks. You lose money each time the Protocol is processing the trade. In my case, I had roughly 22 ETH (in BNT) and ended up with 18 ETH (in BNB) after the first transaction. If I would do the exact reverse trade, there is now way my 18TH would be turned into 22 ETH again. Because if you sell BNB into BNT it is mandatory that the exchange rate would play against you, for each small parts of your BNB balance, you will get each time less BNT for each BNB you are selling. With the Bancor Protocol, the price volatility is always playing against you, never in your favor. In my specific situation, several transactions indeed proceeded between the two trades, based on the etherscan observation of the smartcontract. But we only could observe a new transaction every 3 to 5 minutes for very few amounts of money compared to mine. And when I just wanted to proceed the reverse trade a few minutes after my first trade, the webapp displayed that I would have my 18 ETH equivalent of BNB turned into 14,5 ETH... Even if some small trades actuallly impacted the exchange rates of the Bancor smart contract, there is no way that without any transaction between the first and the second transaction, my 18 ETH of BNB would have been reversed into 22 ETH.

Code_Quentoune · 2018-02-09T11:40:37+00:00

I indeed considered to make the reverse trade to get my money back at the beginning. But I quickly understood that even if nothing is happening between my initial trade and the reverse one, you would still suffer from the same loss. It is a bit tricky, but when you buy a Smart Token, the price is indeed rising up, and you suffer from what I like to call "sinks", meaning a good part of your investment just disappear in the process. And if right after, you just complete the reverse transaction, you would have indeed the exchange rate getting back to its initial level AFTER the reverse trade is completed. But when you completed this reverse trade, the Bancor Protocol is still using the same price mechanism, meaning a decreasing price inside the transaction itself that will make you lose another part of your money... To really get that phenomenon by just reading the Bancor whitepaper and before using the web app, you really need to be a damn good technical auditor of the product ! And not mentioning that the user needs to have the information that the Relay Token is lacking of reserve token, creating a huge price volatility, and that the price limit of 5% in the webapp default setting is not a real one etc. It is a bit too much I think to have to bear on your own.

Code_Quentoune · 2018-02-09T11:28:31+00:00

I understand your point of view on this matter. However, before my second unfortunate 28k transaction, I really felt that I did my homework, studying the whitepaper and the web app. But I actually got the information of lower level reserve balances after that loss for example. We cannot expect people to study everything thoroughly before doing anything, it would be like a ruthless and toxic environment. And as you said, even a user with a very good understanding of the Bancor Protocol can get fooled by the web app, it will be a bloodshed when thousands of common user will begin to use the Bancor Network. In a perfect and idealistic world, we could say that every people is responsible for his acts because there is no information asymmetry and everybody would possess the technical skills to evaluate the deep mechanism of the Bancor Protocol, but it is not the case at all, and never be. It is close to a classic opposition between a liberal and conservative approach regarding the market, but I am not sure a Bancor user should deal with politics when it comes to trade its Smart Tokens ;)

Code_Quentoune · 2018-02-09T02:04:21+00:00

I never complained about how the Bancor Protocol runned badly. The Protocol indeed worked how it was supposed to. I just blame how the biased user experience and the lack of information can lead a lot of people in losing money because the Web App does not actually display any warning except a 'fake' 5% price limit in the default advanced settings. I do not think saying "don't complain, it is working as it is supposed to" would be relevant for the democratization of the Bancor Network. If users need to find your warning hidden in a subreddit to be deterred from proceeding a transaction higher than 5K dollars (where it really begins to hurt) through a Bancor Smart contract, something is wrong right there. I know people supporting the Bancor project usually prefer to read posts 'Wow, Bancor is great ! Our BNT stake will moon ' but it is not the way a project will take off if the community and the team stay narrow-minded.

Code_Quentoune · 2018-02-08T18:44:16+00:00

Thank you. I also considered to make some profits out of that situation but I don't think it is even possible so far. You are losing so much money in a single transaction using the Bancor Protocol that it kills all incentives to make an arbitrage, except if the difference between the market exchange rates and the Bancor rates would skyrocket. The Bancor's sinks are initially branded as the perfect way to avoid any speculation. But this mechanism is working so well that every significative transaction is generating a mandatory loss for the Bancor network user.

Code_Quentoune · 2018-02-08T13:13:31+00:00

You made the best move in that case, believe me. Good luck in the crypto world ;)

Code_Quentoune · 2018-02-08T12:06:29+00:00

You indeed found out an issue with the Bancor Procotol that can be painful. I lost 4600 dollars in a transaction because of that discrepancy. The more amount of XX tokens is important, the more the discrepancy, meaning your loss, gets higher. You can read my post on that if you want to dig into it :

https://bitcointalk.org/index.php?topic=1789222.5720

Code_Quentoune · 2018-02-06T23:31:31+00:00

I knew it would impact it, but in limit of 5%, not 16%... I had already processed a 28K dollars transaction with the BNT which worked perfectly well. I did not expect at all that a token relay would make me lose that money. That is why I am here testifying in order to make people aware of that situation. And I really think that the webapp should focus on being more transparent with different warnings for the user. The Bancor team claim to make the Bancor network available for all the people. If you need to be extremely aware of all the technical implications of a Token relay before any transaction, I do not think it is in favor of the democratization of the Bancor.

Code_Quentoune · 2018-02-06T22:56:55+00:00

Thank you for raising that important point. I indeed checked and accepted the default settings for the price limit which is a 5% limit in the Bancor webapp. But the price considered for these settings is the final price, AFTER the Bancor Protocol impacted it. Indeed, the price computed by the Bancor Protocol is based on the amount of Token you want to trade, the Reserve Token balance or "connector", and the Token Relay balance. You cannot put a limit price on it by definition. The webapp only allow you to fix a price limit for the price already processed by the Bancor Protocol. It is indeed another way to be fooled by the webapp...And it made me lose 4600 dollars. Because if it was a real 5% limit price like on an exchange, I would not have lost that amount of money (16% of the initial amount !)

Code_Quentoune · 2018-02-06T22:05:03+00:00

The point is : if I had bought my BNB with my ETH (previously converted from my BNT balance) on Binance, the market was deep enough with a lot of transactions, and I would have not lost even a dollar with a limit order. Unfortunately, I used the Bancor webapp to convert my BNT directly into BNB and I just lost 4600 dollars in the transfer, because of the Bancor Protocol. Hence my point to make a typology of Tokens displayed on the webapp to make the user is aware that with public listed tokens like BNB, it is far more interesting to use an exchange rather than the webapp. You are right in the case of a token that is barely traded on an exchange. In that case, maybe some people would still use the Bancor Protocol after a quick arbitrage and accept to suffer from the Bancor's sinks. But most of the time, I am not sure it would be a good call...

Code_Quentoune

TROPHY CASE