Fraud is a big word. Who exactly is getting defrauded? the trades you see are from private sales. If banx is turning over a fake volume does this effect you as a share holder? Those extra fees are being reflected in your dividend payouts still. The exchange is trying to keep a steady volume turnover to keep the exchange in the public eye. now lets be honest here is there a crypto exchange that hasnt played the volume up a bit to gain custom? i doubt it.
And its working as the exchange is naturally growing now and so are my dividends.
Ohh so as long as you are getting paid right now it's alright for them to be dishonest? If they want to log private sales they should log them separately, not intermingled with the exchange to produce fake exchange volume. Good to see you don't have much integrity as well, so others have done it in the past, and you are getting paid, must be alright then?
No one is forcing you to invest in Banx. If it isn't for you and you can't see the opportunity and are happy with other pump and dump coins then stick to those. If you want to invest in a real company with real people turning a real profit then jump on board while the price is still low...
In reality the only people wanting to sell heir shares are people that need a quick cash injection because they over stretched themselves when investing or they had unexpected bills. Everyone else is happy with the way things are going and the profit payouts...
All the private sales of shares are done through the exchange because that is where shares need to be held in order to receive profit payouts each month. Not everyone that is investing wants to go through the process of getting a local wallet and then having to transfer them to the exchange each month so it is easier for them to receive their shares on the exchange. Simple as that!
If you don't like it then don't invest, no one is forcing you to. For you to come here and start trolling isn't helping anyone though!
Trolling? I don't think so, I am asking serious questions.. As requested by you two days ago I replied to your PM with details but never received anything back, so yes I took to the thread given that was my only outlet.
I submitted a partial sell only AFTER I noticed your trade history on the site was bogus, so I could watch what happened.. If you need to use the exchange then mark the trades as private that are in fact private so you don't mislead current and potential investors as to the nature of the volume on the exchange..
Instead of trying to be better than all of the others you seem to be content to do the same, and instead of acknowledging that it is confusing, all I get back is a bullshit reason, which could be dealt with simply by marking those off exchange trades as what they are, off exchange trades.
In short I couldn't get out if I wanted to so I am here and will be here for a while, I read all of your materials before initially jumping in and was quite supportive, even excited at the opportunity however issues like the one with how you use the trade history on the exchange are misleading to the community at large.
I'm not sure how you got involved in banx shares, but if you do not wish to be a holder any more feel free to let me know and we will address the issue.
One of the users on the forums reminded me of this post, I had forgot until I was discussing selling my shares..
Connected with Mark via Skype, definitely a pleasant guy to talk to but sounds like the offer to buy back shares is drying up since we didn't go anywhere with it, happy to take a discount buy back but I couldn't even get an offer out of him.... I suspect because it is insanely low, so what are the shares really worth since it's nothing anywhere in the realm of the ICO price, which is used to force the valuation abnormally high..
Since I am a share holder and I guess I'll be around its time to understand things in more detail..
I'm having my attorney take a look this week since I explained to him how things look as a share holder, Banx.io's ability for the public to buy at a forced floor, yet private offerings at significantly discounted prices published on the public site. Didn't take long before he couldn't figure out if a plc or Ltd was at play here since it's almost a mix of both... I keep him on retainer because there is always something to do, this is the latest, will see what comes...