Are BanxShares as good as GAW Paycoin? - page 23.

runpaint

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Quote from: EvilDave on September 30, 2015, 06:47:01 PM

Quote from: EvilDave on September 30, 2015, 05:31:21 PM

I'll ask C-CEX directly, see if they feel like sharing their side of the story.

And they did, here's the Skype log:

Quote

[0:28:34] C-CEX.com: Well, banx guy started his "project" with ICO on c-cex. But he started to push us not to allow sells below certain price. I responded that it is against free market idea and refused to do that

[0:29:37] C-CEX.com: after that he wanted to fake marketcaps and pushed me to fake real price of banx - I refused. Then he requested to remove banx from c-cex. Which happened a bit later in the natural way we have it for our customres (we gave 2 weeks for withdrawals)

This story doesn't blatantly contradict the known evidence, while Banx's story does.

EvilDave

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Quote from: EvilDave on September 30, 2015, 05:31:21 PM

I'll ask C-CEX directly, see if they feel like sharing their side of the story.

And they did, here's the Skype log:

Code:


[30-9-2015 23:32:20] Dave Pearce: Guys. I have a quick question, which has nothing to do with NXT....
[30-9-2015 23:32:24] Dave Pearce: https://bitcointalk.org/index.php?topic=1181883.msg12566845#msg12566845
[30-9-2015 23:33:08] Dave Pearce: This thread is all about BanxShares, and you keep getting mentioned in a not very good way.
[30-9-2015 23:33:23] Dave Pearce: Would you like to share your side of the story ?
[30-9-2015 23:34:11] Dave Pearce: And, yeah, the nxt.org rebuild is taking way too long. Sorry.
[0:27:40] C-CEX.com: Hello!
[0:28:34] C-CEX.com: Well, banx guy started his "project" with ICO on c-cex. But he started to push us not to allow sells below certain price. I responded that it is against free market idea and refused to do that
[0:29:37] C-CEX.com: after that he wanted to fake marketcaps and pushed me to fake real price of banx - I refused. Then he requested to remove banx from c-cex. Which happened a bit later in the natural way we have it for our customres (we gave 2 weeks for withdrawals)
[0:29:57] C-CEX.com: I do not recommend to do any business with that guy
[0:34:50] Dave Pearce: Would you like to post that in the forum ?
[0:34:58] Dave Pearce: Hi, btw!
[0:35:12] C-CEX.com: Hi :)
[0:35:13] C-CEX.com: of course.
[0:35:17] C-CEX.com: Where do you want me to post it?
[0:35:37] Dave Pearce: I already think Banx is a s***......so:
[0:36:05] Dave Pearce: https://bitcointalk.org/index.php?topic=1181883.msg12566845#msg12566845
[0:36:25] Dave Pearce: Heres the end of the thread, with some stuff about C-CEX
[0:36:45] Dave Pearce: just check it out and see if you want to get involved
[0:37:42] C-CEX.com: Ah, more - he changed wallet and blockchain and some people left with old coins on c-cex which are not changable to new coins.
[0:37:51] C-CEX.com: I offered to make change for customers - but he refused.
[0:38:11] Dave Pearce: Yeah....we've heard stuff about that.
[0:38:55] C-CEX.com: It was about year ago
[0:39:00] Dave Pearce: Doesn't look good for any Banx investors
[0:40:23] C-CEX.com: "I'll ask C-CEX directly, see if they feel like sharing their side of the story."
[0:40:33] C-CEX.com: If You want to put exact questions - I will answer
[0:41:04] Dave Pearce: Ummm....can I just post this chat ?
[0:41:21] Dave Pearce: Then you can answer if there any doubts about it.....
[0:41:31] C-CEX.com: Yes you can.
[0:42:03] Dave Pearce: Good with me......I'll post it now, then head to bed.
[0:42:34] Dave Pearce: Catch you later, thanks for coming in on this.
[0:42:45] C-CEX.com: :) ok

So that's C-CEX side of the story.
Any comments..... Cheesy

?

BurstIncomeAsset

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The BankxShares story is very similar to the Ethereum speculators story.

Too much promises and too little results. We shall see how it turns out. It would be bad if they were outright scamming people, once I had plans to invest in Banx, but now I`m more careful with the investments.

EvilDave

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I'll ask C-CEX directly, see if they feel like sharing their side of the story.

runpaint

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Quote from: th3joker on September 30, 2015, 05:05:02 PM

As far as I remember

Why do you think your "as far as I remember" is an equal witness compared to the documented facts, dates, and links which are available for everyone to see here?

Quote

It became obvious that someone was still mining coins, they realised that they where being sent to CCEX for sale and it became apparent that they where probably involved.

What evidence do you have that C-Cex was involved, and why has no one ever made this evidence public?

Quote

The max coins per block and max blocks per 'time' was fairly low if I remember right, I think the dev's shut it down within 1 or 2 days so it would have been a very small amount.

Who is lying - you, or Mark Lyford?

Mark just posted this video 2 days ago: https://vimeo.com/140684057

At 2:50 he says, "There were more shares being put into the C-Cex exchange than were actually in existence."

That's 6 million shares. You say it was only a few. Who is lying? It's either you, or Mark Lyford, or both of you.

This isn't a matter of opinion. It's about verifiable facts. Mathematics. 1 + 1 = 2, it's not open for debate.

EvilDave

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Quote from: th3joker on September 30, 2015, 04:19:45 PM

These are just trolls I'm afraid.

I've been in from the beginning and had some nice returns from my investments so far.

Nothing they've said makes any actual sense and anything that the banx team has given in response has been misquoted and misrepresented.

I invested quite a bit into Banx and am more than happy with the way things are going.

None of the points they have made are anything like the reality of the situation regarding the mining issues and CCEX early on, whereby the exchange was actively adjusting code to mine the coin using an altered version of the banx wallet to effectively steal coins. Banx addressed this and shut them out which I was very pleased about as CCEX where behaving in a very scammy way. They changed the wallet to stop that happening again and things have been great since then.

Mark has been in and tried to reason with the trolls but has given up and I don't blame him, even after directly answering questions they continue to take things out of context and basically lie.

These guys have clearly been burned in the past, but so have we all I've lost and won on a number of alts but if I'm not interested in a coin then I move on. I don't spend hours and hours drivelling about a coin that I'm not even invested in. Investors or people genuinely interested simply don't behave that way, trolls trying to be disruptive do however.....

Directly answering questions is something that Mark has been conspicuously bad at.
Just like the last time:
https://bitcointalksearch.org/topic/m.11653035
I'm only posting publicly available, clearly verifiable information.
Find a lie or inaccuracy in any of my posts.....go on, I dare you.

So here's a tricky question or three:
Is BanxShares a cryptocurrency or an asset ?

Where does the revenue come from to pay the Banx dividends every month ?

Why can Mark not share any balance sheets or trading figures ?

th3joker

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Quote from: runpaint on September 30, 2015, 04:55:23 PM

Quote from: th3joker on September 30, 2015, 04:42:32 PM

Banx asked CCEX to announce to their customers that all coins would need to be transferred to the new exchange and wallet by 'x' date after which they would become invalid.

So you're saying it was after mining rewards had ended. Then how did C-Cex mine coins? The network hashrate was available for a time at multipool.us, and any block explorer would show new coins.

Again, your story doesn't match Mark's previous stories.

Quote

It was only a small amount of coins if I remember right but it must have been annoying for Banx to be losing coins by nefarious means.

Mark said "miners got about 45,000 coins". But later he said there were more coins at C-Cex than the total number of coins which were supposed to exist. So was it a small amount, or millions?

Again, the stories don't match.

Quote

So that was why they switched the wallet, it was all in the thread, but clearly you couldn't be bothered to read through it, tbh neither could I now but I did at the time because I was reading the thread then.

You're in luck! You don't have to read through the thread, because I've assembled a series of relevant quotes in this thread. Start at Page 1 for a recap of the entire history of Banx.

Mark went through this thread and made a 50-minute video about it, but I only watched the first 17 minutes of his video because he wasn't answering the questions.

As far as I remember after the initial mining period had finished, which I personally mined some. It became obvious that someone was still mining coins, they realised that they where being sent to CCEX for sale and it became apparent that they where probably involved.

The max coins per block and max blocks per 'time' was fairly low if I remember right, I think the dev's shut it down within 1 or 2 days so it would have been a very small amount.

You seem to cherry pick information and misrepresent it really effectively, it's pretty boring now.

You are completely wrong about the mining situation and the information is all there, as to the rest I can't really say as I don't know but I was pretty avidly following this part as I was mining myself.

But for me since you are so wrong about that part and doing it in such a way as to try and make the Banx guys look bad I feel the rest of what you're saying is 100% rubbish too. If you can't be bothered to listen to anyone else why should any of us listen to you?

I'm just going to pop you on ignore now as you are clearly just being disruptive for no known reason other than to be a troll....

runpaint

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Quote from: th3joker on September 30, 2015, 04:42:32 PM

Banx asked CCEX to announce to their customers that all coins would need to be transferred to the new exchange and wallet by 'x' date after which they would become invalid.

So you're saying it was after mining rewards had ended. Then how did C-Cex mine coins? The network hashrate was available for a time at multipool.us, and any block explorer would show new coins.

Again, your story doesn't match Mark's previous stories.

Quote

It was only a small amount of coins if I remember right but it must have been annoying for Banx to be losing coins by nefarious means.

Mark said "miners got about 45,000 coins". But later he said there were more coins at C-Cex than the total number of coins which were supposed to exist. So was it a small amount, or millions?

Again, the stories don't match.

Quote

So that was why they switched the wallet, it was all in the thread, but clearly you couldn't be bothered to read through it, tbh neither could I now but I did at the time because I was reading the thread then.

You're in luck! You don't have to read through the thread, because I've assembled a series of relevant quotes in this thread. Start at Page 1 for a recap of the entire history of Banx.

Mark went through this thread and made a 50-minute video about it, but I only watched the first 17 minutes of his video because he wasn't answering the questions.

th3joker

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Quote from: runpaint on September 30, 2015, 04:32:15 PM

Quote from: th3joker on September 30, 2015, 04:19:45 PM

None of the points they have made are anything like the reality of the situation regarding the mining issues and CCEX early on, whereby the exchange was actively adjusting code to mine the coin using an altered version of the banx wallet to effectively steal coins.

Did this occur after the 6th of October, when Mark said miners were getting too many coins? After that date, mining was canceled.

Quote

Banx addressed this and shut them out which I was very pleased about as CCEX where behaving in a very scammy way.

How did Banx prevent C-Cex from depositing the counterfeit coins into Banx.io, without also preventing legitimate investors from depositing their own coins?

Banx asked CCEX to announce to their customers that all coins would need to be transferred to the new exchange and wallet by 'x' date after which they would become invalid. CCEX decided not to tell their customers, there was a whole thread about it on here. The messages got worse and worse from CCEX and in the end Mark personally sorted out customers when they realised what CCEX had done.

After that point the wallet algorithm was completely changed and new coins issued, nobody missed out, probably including CCEX who had caused the problem would have been paid too. It was only a small amount of coins if I remember right but it must have been annoying for Banx to be losing coins by nefarious means.

So that was why they switched the wallet, it was all in the thread, but clearly you couldn't be bothered to read through it, tbh neither could I now but I did at the time because I was reading the thread then.

runpaint

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Quote from: th3joker on September 30, 2015, 04:19:45 PM

None of the points they have made are anything like the reality of the situation regarding the mining issues and CCEX early on, whereby the exchange was actively adjusting code to mine the coin using an altered version of the banx wallet to effectively steal coins.

Did this occur after the 6th of October, when Mark said miners were getting too many coins? After that date, mining was canceled.

Quote

Banx addressed this and shut them out which I was very pleased about as CCEX where behaving in a very scammy way.

How did Banx prevent C-Cex from depositing the counterfeit coins into Banx.io, without also preventing legitimate investors from depositing their own coins?

th3joker

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Activity: 319

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These are just trolls I'm afraid.

I've been in from the beginning and had some nice returns from my investments so far.

Nothing they've said makes any actual sense and anything that the banx team has given in response has been misquoted and misrepresented.

I invested quite a bit into Banx and am more than happy with the way things are going.

None of the points they have made are anything like the reality of the situation regarding the mining issues and CCEX early on, whereby the exchange was actively adjusting code to mine the coin using an altered version of the banx wallet to effectively steal coins. Banx addressed this and shut them out which I was very pleased about as CCEX where behaving in a very scammy way. They changed the wallet to stop that happening again and things have been great since then.

Mark has been in and tried to reason with the trolls but has given up and I don't blame him, even after directly answering questions they continue to take things out of context and basically lie.

These guys have clearly been burned in the past, but so have we all I've lost and won on a number of alts but if I'm not interested in a coin then I move on. I don't spend hours and hours drivelling about a coin that I'm not even invested in. Investors or people genuinely interested simply don't behave that way, trolls trying to be disruptive do however.....

Abiky

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www.Crypto.Games: Multiple coins, multiple games

Quote from: runpaint on September 30, 2015, 03:41:35 PM

Quote from: Abiky on September 30, 2015, 03:32:22 PM

Does all this mean that Banxshares is a scam? Please guide me to this as I have concerns regarding the legality of such service. If this turns out a scam, I would sell all my shares before I would lose any profit.

How would you sell them?

I'm not really sure. I've heard rumors that you cannot sell your Banxshares but I haven't tried that out. I'll check this out as soon as I get home.

runpaint

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Quote from: Abiky on September 30, 2015, 03:32:22 PM

Does all this mean that Banxshares is a scam? Please guide me to this as I have concerns regarding the legality of such service. If this turns out a scam, I would sell all my shares before I would lose any profit.

How would you sell them?

Abiky

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www.Crypto.Games: Multiple coins, multiple games

Does all this mean that Banxshares is a scam? Please guide me to this as I have concerns regarding the legality of such service. If this turns out a scam, I would sell all my shares before I would lose any profit.

timmyd

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@cryptojerk you just need the runpaint pompoms and mini skirt and your good to go

timmyd

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Nice try? I wasnt trying anything lol im just piecing together what you have found. I dont hace access to the things you would like to see. All i know is everything is in place for the business and the business is growing. i may also note that ive invested my money in alot less legit looking things than banx. This whole forum is awash with scams that dont even put in 10% of the effort banx does. This whole thread hasnt gone the way painbrushtrun i mean runpaint wanted it to go. This is about runpaint and his undenying hatred towards bts and anything attached to it.

@runpaint your on ignore dude. I dont see any point in reading your twisted quotations.
Edit from time to time i may unignore you for shits and giggles. Reading your crap can be funny at times. I feel blessed

crypto jerk

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Where's the Money Lebowski?

EvilDave

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Nice try, Timmyd, but I've seen absolutely nothing to indicate that Banx is a legitimate business.
The company registrations are just shells, they mean nothing.
I could create exactly the same corporate structure (including offices) for a few hundred pounds. Another few hundred on top for websites, and there you go.

You guys still haven't answered my last question, btw:
Where does the BTC to pay out Banx dividends come from ?

I can't find any sign of a business that makes money for the Banx group. It's just not visible.
So the only other source for the dividend money is from the investment stream that is flowing into Banx.
Show me a real set of accounts, or some BTC deposits, or something........

runpaint

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Quote from: timmyd on September 30, 2015, 10:15:47 AM

You are missleading people by not quoting the whole quotes.

In my first post, I gave the link to the Banx ANN thread. If people wanted to read all full quotes in full original context, they would have to read that entire thread. They can still do that, if they want.

Not only am I not misleading people, I'm also not taking their money based on false hopes and outright lies.

timmyd

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Good work dave. Like you say actual facts and also Like you say not very interesting. So after all this thread we get to the conclusion that mark is legit hes registered in all the correct places. Banx is a company in existance and is due to file accounts for its trading terms in 2016. You can see mark has had business in the past. May have had joint business that he then took control over in the past.
Soo.... the only thing left is to base opinions on wether mark can make banx a success. Given the track record its not been easy for him. But many business start and fail this isnt a base for calling scam on his next adventure. Thanks dave for taking the time to actually post facts.

Topic: Are BanxShares as good as GAW Paycoin? - page 23. (Read 47029 times)