Pages:
Author

Topic: [ANN] Banx - Liquidity Paid Back In From Profits - page 48. (Read 113068 times)

sr. member
Activity: 455
Merit: 250
Hi, I was interested in buying in for shares but after I started looking at a few things I became a little wary. I'm just relaying my observations and not attempting to bash the coin in any matter. If for some reason there are reasonable explanations for what I'm seeing then I may go ahead and invest.

First off, I noticed some strange code that was added then subsequently removed from the wallet. This code mentioned something about a FoundationIPO address, which is bTStnuXqS3in7JkB83ZZ9F8RdwjSSfsAdH
This code can be found at the follow commit on github:
https://github.com/Banx-Capital/Banx/commit/e376dc734808744d0cf1748f33066f9378817d1e

It looks suspicious but I don't know, like I said, there may be some reasonable explanation for that.

Before I found out there was a block explorer already created, I had first tried to create my own block explorer. I had a terrible time doing this as some RPC commands would cause the wallet to crash. An example of a command would be the "getblockhash" function. If you try it, open your wallet and click debug, then click on console, simply type "getblockhash 1". This seemed to only happen if the wallet had been previously opened and closed at least once. Otherwise the function would work if I had deleted the entire chain and opened the wallet "for the first time".

So, there is a block explorer. The address is block.banxcapital.com. However, it doesn't seem to be available all the time, some server issues or something.

When I was able to go through the block explorer I found some interesting blocks full of large transactions. From what I'm being told, it's not possible to receive some coins and send those same coins out within the same block (different transactions). So it looks extremely suspicious when I see over 10 million coins being transacted within a single block. There's only supposed to be 6 million coins correct? The blocks in question are 157, 171, 172, and 173.

Thank you for your time, and again, if any of this can be explained you will have another investor at your doorstep.

Hi there, I will get my wallet / share dev to answer these specifics if thats ok . I'm the guy running it all but not the tech doing all that.

I can confirm that there are a total of 6,000,882 BANX available though.

rest assured what ever info we need to give you to assure you and have you as an investor I will make sure happens Smiley

Feel free to add me on skype ID mjlyford to ask me any other questions.

Expect to hear from th3joker (my dev) shortly

Regards

Mark
legendary
Activity: 1554
Merit: 1000
http://banxcapital.com/banx-capital-office-mark-lyford/

Blimey Mark, i thought you was the second coming of Danny Brewster for a moment!  Tongue

Timmyd mentioned physical minting. Interested. 
full member
Activity: 243
Merit: 100
Hi, I was interested in buying in for shares but after I started looking at a few things I became a little wary. I'm just relaying my observations and not attempting to bash the coin in any matter. If for some reason there are reasonable explanations for what I'm seeing then I may go ahead and invest.

First off, I noticed some strange code that was added then subsequently removed from the wallet. This code mentioned something about a FoundationIPO address, which is bTStnuXqS3in7JkB83ZZ9F8RdwjSSfsAdH
This code can be found at the follow commit on github:
https://github.com/Banx-Capital/Banx/commit/e376dc734808744d0cf1748f33066f9378817d1e

It looks suspicious but I don't know, like I said, there may be some reasonable explanation for that.

Before I found out there was a block explorer already created, I had first tried to create my own block explorer. I had a terrible time doing this as some RPC commands would cause the wallet to crash. An example of a command would be the "getblockhash" function. If you try it, open your wallet and click debug, then click on console, simply type "getblockhash 1". This seemed to only happen if the wallet had been previously opened and closed at least once. Otherwise the function would work if I had deleted the entire chain and opened the wallet "for the first time".

So, there is a block explorer. The address is block.banxcapital.com. However, it doesn't seem to be available all the time, some server issues or something.

When I was able to go through the block explorer I found some interesting blocks full of large transactions. From what I'm being told, it's not possible to receive some coins and send those same coins out within the same block (different transactions). So it looks extremely suspicious when I see over 10 million coins being transacted within a single block. There's only supposed to be 6 million coins correct? The blocks in question are 157, 171, 172, and 173.

Thank you for your time, and again, if any of this can be explained you will have another investor at your doorstep.
legendary
Activity: 1554
Merit: 1000
Deposit not showing for me.  Sad

just PMd you, should be there now mate

Yep, present and correct. Cheers
sr. member
Activity: 455
Merit: 250
Deposit not showing for me.  Sad

just PMd you, should be there now mate
legendary
Activity: 1554
Merit: 1000
Deposit not showing for me.  Sad
sr. member
Activity: 455
Merit: 250

[/quote]
Quote
30+ confirmations and still nothing in balance, I e-mailed support.
Quote
You should have them now mate, sorry for the delay, all sorted now

Got them ! Thanks awesome support guys
[/quote]

we aim to please mate Smiley have you bought BANX yet ?
sr. member
Activity: 389
Merit: 250


Mark

Quote
Thank you for the answer, how many confirmation is needed for BTC deposit on BANX.IO?
Quote
4 confirmations is needed Smiley  let me know if you need any help, if you are investing hit me up on skype ID mjlyford if you have any questions before hand

Regards

Mark

Quote
30+ confirmations and still nothing in balance, I e-mailed support.
Quote
You should have them now mate, sorry for the delay, all sorted now

Got them ! Thanks awesome support guys
sr. member
Activity: 455
Merit: 250
"ANNOUNCEMENT: We are doing a live webinar tomorrow to talk to people, do a Q&A session and give as much information out as possible. If you can push this link to anyone you know it would be appreciated Smiley >> http://banxcapital.com/live for those of you wanting to attend sign up and I will see you there at 1:30 PM tomorrow (UK Time)"

look forward to seeing people there Smiley
sr. member
Activity: 455
Merit: 250


Mark

[/quote]
Thank you for the answer, how many confirmation is needed for BTC deposit on BANX.IO?
[/quote]

4 confirmations is needed Smiley  let me know if you need any help, if you are investing hit me up on skype ID mjlyford if you have any questions before hand

Regards

Mark

[/quote]

30+ confirmations and still nothing in balance, I e-mailed support.
[/quote]

You should have them now mate, sorry for the delay, all sorted now
hero member
Activity: 714
Merit: 500
"ANNOUNCEMENT: We are doing a live webinar tomorrow to talk to people, do a Q&A session and give as much information out as possible. If you can push this link to anyone you know it would be appreciated Smiley >> http://banxcapital.com/live for those of you wanting to attend sign up and I will see you there at 1:30 PM tomorrow (UK Time)"
sr. member
Activity: 420
Merit: 251
Moon?
30+ confirmations and still nothing in balance, I e-mailed support.

We are looking into it for you now. They should be in your account shortly. Sorry for the delay. As has been stated earlier in the thread this exchange was built from the ground up so we are still ironing out a few bugs here and there.

Thank you for your patience.

Simon

Another bug for you. When I've bought banxshares, my balance won't update before I've signed out and then signed in again.

What plans are in the pipeline for the exchange at the moment?
member
Activity: 101
Merit: 10
30+ confirmations and still nothing in balance, I e-mailed support.

We are looking into it for you now. They should be in your account shortly. Sorry for the delay. As has been stated earlier in the thread this exchange was built from the ground up so we are still ironing out a few bugs here and there.

Thank you for your patience.

Simon
sr. member
Activity: 490
Merit: 250
interesting concept & business plan. going to be eagerly watching from the sidelines.
sr. member
Activity: 389
Merit: 250
So ICO is running but trading is enabled on Banx.io?
I see that it is not uncomon to be able to buy shares under ICO price, why would I want to buy at ICO price then whne people are willing to sell shares under the price. Something I don't understand here..

we are allowing people to sell shares yes, but as you will the the minimums are very low.

we now how minimums in place for buy orders too

let me know if you need anything else

Regards

Mark

Thank you for the answer, how many confirmation is needed for BTC deposit on BANX.IO?

4 confirmations is needed Smiley  let me know if you need any help, if you are investing hit me up on skype ID mjlyford if you have any questions before hand

Regards

Mark


30+ confirmations and still nothing in balance, I e-mailed support.
sr. member
Activity: 455
Merit: 250
Hi guys, some of you may have seen we are temporarily listed as inactive on CMC. I received the following from gliss:

--
Hi Mark,

One of the market manipulation detectors got triggered and removed it from the listings.

It looks like someone was able to buy 1 banxshare and sell 10 banxshares at nearly 10x the normal price which inflated the price and marketcap on the site.  Is that a bug on the exchange?

-Gliss

---

To answer everyone who has hit me up about this. There is a glitch in our system for sure, obviously someone screwed up on  a decimal place and brought 10 shares for 0.02 instead of 0.002! and our systems let them!. Needless to say my dev is sorting it out so it doesn't happen again. Obviously Banx.io is a new system , its been running really great for weeks now, but with the system being built from the ground up some small things are still being bug fixed

I am waiting for Gliss to get back to me and set us back up as live.

I will post here when we are back on Smiley

All the best

Mark

I see you are back on CMC...good to see Smiley

Yeah it was just a wacky glitch in our exchange Smiley
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Hi guys, some of you may have seen we are temporarily listed as inactive on CMC. I received the following from gliss:

--
Hi Mark,

One of the market manipulation detectors got triggered and removed it from the listings.

It looks like someone was able to buy 1 banxshare and sell 10 banxshares at nearly 10x the normal price which inflated the price and marketcap on the site.  Is that a bug on the exchange?

-Gliss

---

To answer everyone who has hit me up about this. There is a glitch in our system for sure, obviously someone screwed up on  a decimal place and brought 10 shares for 0.02 instead of 0.002! and our systems let them!. Needless to say my dev is sorting it out so it doesn't happen again. Obviously Banx.io is a new system , its been running really great for weeks now, but with the system being built from the ground up some small things are still being bug fixed

I am waiting for Gliss to get back to me and set us back up as live.

I will post here when we are back on Smiley

All the best

Mark

I see you are back on CMC...good to see Smiley
sr. member
Activity: 455
Merit: 250
Picking up momentum now it seems. There will be a rush soon when the penny drops that this is a great op not to be missed

I agree I see s snowball effect coming Smiley
sr. member
Activity: 455
Merit: 250
So ICO is running but trading is enabled on Banx.io?
I see that it is not uncomon to be able to buy shares under ICO price, why would I want to buy at ICO price then whne people are willing to sell shares under the price. Something I don't understand here..

we are allowing people to sell shares yes, but as you will the the minimums are very low.

we now how minimums in place for buy orders too

let me know if you need anything else

Regards

Mark

Thank you for the answer, how many confirmation is needed for BTC deposit on BANX.IO?

4 confirmations is needed Smiley  let me know if you need any help, if you are investing hit me up on skype ID mjlyford if you have any questions before hand

Regards

Mark
hero member
Activity: 714
Merit: 500
Picking up momentum now it seems. There will be a rush soon when the penny drops that this is a great op not to be missed
Pages:
Jump to: