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Topic: [ANN] Banx - Liquidity Paid Back In From Profits - page 53. (Read 113068 times)

legendary
Activity: 1722
Merit: 1002
Decentralize Everything
One thing that really caught my attention was the future ability for third party companies to issue "crypto shares" using the platform that Banx is using for its initial IPO.  That is a game changer.  My background in venture capital is drawing up all sorts of possibilities in my mind but as I said before, I'm not 100% on where Mark is aiming.
hero member
Activity: 644
Merit: 500
i will start trading on ur exchange with some small amounts to test!

Looks good so far!
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Do I understand right that banx coins are actually banx shares of company?
Exactly..a crypto share that you can use just like a cryptocoin - save to wallet, send to people, exchange, sell, store, etc with the benefit of then being rewarded a dividend...it's like a POS coin that is a share....it's pretty cool....and I'm pretty excited about the future of this coin Smiley
sr. member
Activity: 477
Merit: 250
Blockchain Just Entered The Real World
Do I understand right that banx coins are actually banx shares of company?
legendary
Activity: 1246
Merit: 1005
I don't get the ipo distribution. Where are the shares and why is it trading above .002 already? shouldn't there be a sell wall at .002 with 2.2mil coins? there's around 3,000 at that price range on banx.io



sr. member
Activity: 406
Merit: 250
my only concern is what happens if all shares are not sold? Only 50K shares out of 2M sold so far. Also the block explorer has over 6M coins in existence?  have I missed something?

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sr. member
Activity: 455
Merit: 250
I've just spent a fair while sifting through the banx.io code on github, watching Mark's videos and reading the prospectus and I *think* he's on to a good idea if I understand things correctly.  

This isn't a scam, clone coin, or coin... this is a business.  And lets be honest here, very few actual altcoins on here have a plan as clear as Mark's.  This is probably not a great forum for Mark to be pitching his business...too much FUD.

My view doesn't mean that I think it will succeed or fail but I just think that this company is on to something here.  I'm not 100% clear on what it is yet but if I'm right...cool!




thanks very much, appreciate the comments
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
I've just spent a fair while sifting through the banx.io code on github, watching Mark's videos and reading the prospectus and I *think* he's on to a good idea if I understand things correctly.  

This isn't a scam, clone coin, or coin... this is a business.  And lets be honest here, very few actual altcoins on here have a plan as clear as Mark's.  This is probably not a great forum for Mark to be pitching his business...too much FUD.

My view doesn't mean that I think it will succeed or fail but I just think that this company is on to something here.  I'm not 100% clear on what it is yet but if I'm right...cool!



Go with your instinct...they ARE onto something here...a complete crypto service company for those with loads of crypto experience and for those with none at all.
How do you appeal to the biggest market?  By increasing your potential market size and you do that by offerings to those that are currently not offered anything...
This is going to be big.....
legendary
Activity: 1722
Merit: 1002
Decentralize Everything
I've just spent a fair while sifting through the banx.io code on github, watching Mark's videos and reading the prospectus and I *think* he's on to a good idea if I understand things correctly.  

This isn't a scam, clone coin, or coin... this is a business.  And lets be honest here, very few actual altcoins on here have a plan as clear as Mark's.  This is probably not a great forum for Mark to be pitching his business...too much FUD.

My view doesn't mean that I think it will succeed or fail but I just think that this company is on to something here.  I'm not 100% clear on what it is yet but if I'm right...cool!


newbie
Activity: 6
Merit: 0
banx is not a pos coin
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
there is no POS? ok?
The proof of share is the wallet balance??  Huh

yes it ts the wallet balance
Yeah, that was what I was getting at, I thought it was kind of obvious  Tongue
sr. member
Activity: 294
Merit: 250
★777Coin.com★ Fun BTC Casino!
there is no POS? ok?
The proof of share is the wallet balance??  Huh

yes it ts the wallet balance
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
there is no POS? ok?
The proof of share is the wallet balance??  Huh
sr. member
Activity: 311
Merit: 250
there is no POS? ok?
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
NO POW mining? NO decentrelized?How to guarantee the banx network security?
It is essentially a POS coin now - it's better this way too.
No need to be concerned about "securing the network", whilst still having all the services and functionality of any other crypto.
It's the best of both worlds of a Share and a cryptocurrency....and that's one of the many reasons I have invested Smiley
sr. member
Activity: 311
Merit: 250
NO POW mining? NO decentrelized?How to guarantee the banx network security?
sr. member
Activity: 311
Merit: 250
"blocks" : 13362,
"currentblocksize" : 0,
"currentblocktx" : 0,
"difficulty" : 7958.65068600,
"errors" : "",
"generate" : false,
"genproclimit" : -1,
"hashespersec" : 0,
"pooledtx" : 0,
"testnet" : false
}

WTF? no hashespersec,How to guarantee the network security?
Banx is nearly at block 50,000 too??

Step away from the computer before you hurt yourself please.

hurt? what it mean?
sr. member
Activity: 455
Merit: 250
Nice to see 2 factor authorisation has been implemented on Banx.io  Smiley


yeah everyone is a lot happier about that now Smiley
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
Nice to see 2 factor authentication has been implemented on Banx.io  Smiley
newbie
Activity: 9
Merit: 0
hahaha so sweet Wink
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