The video response still doesn't add up.
#1: He says BanxShares aren't a share in BanxCapital. But he already sold them to people and told them they were buying shares of the company.
#2: He says he cancelled mining because people mined over 6 million coins and dumped them on C-Cex. But mining was cancelled before the first day BANX was announced at bitcointalk, and all Banx representatives have previously argued vehemently that BANX was not available at C-Cex at launch. The dates don't match between his story and the documented facts.
Plus he already stated that miners got about 45,000 coins. Not 6 million in 1 week, and not weeks later when the coin was traded at C-Cex. Mining was cancelled after 1 week, which was the week before BANX was announced.
As for there being more than 6 million coins in existence, someone had examined the blockchain and asked the devs about that - it's quoted in this thread. The devs said no no no, there are only 6 million shares. So if anyone ninja-mined extra shares and dumped them on C-Cex, it was the BANX devs themselves. Coincidentally, they used that to invalidate the shares held at C-Cex and had an excuse to move all coins exclusively to their own exchange. So if there was hacking and exploitation of the coin, who benefited more than Banx?
#3: He says 6 million shares weren't enough, so he increased it to 12 million. But the ICO has been going for 12 months and they're still not sold. How was it "not enough"?
Then he says it's okay because he doubled everyone's shares that they already held. But now he has twice as many shares to sell before the ICO ends.
Plus it means that everyone who already bought got their shares for half-price, while the shares did not decrease in price after the supply was doubled. In fact the price has been raised several times.
#4: He says Banx only sells to private investors. Is that what they do at C-Cex? What about at Banx.io? They don't even require their users' names. How is it private?
#5: He says,
"I don't know where you get this from runpaint, you must be dreaming...'And if they don't intend to comply with U.S. regulations,' he says,
'Why does the BanxPlatinum account require a U.S. Social Security Number' - it doesn't, I don't know where you've dreamed that up"Well Mark, maybe in your own Banx ANN topic, from a person named Mark Lyford. Heard of him?
Maybe I did not explain myself very well.When filling in the new wallet and getting verfied you come to the part that says "ssn" number and thats for US citizens only and if you dont have one you go no further as you cannot click next without a social security number.
I did misunderstand you, apologies, i will speak to Byron re the SSN number issue
. There is no winning with you, banx could be jesus himself and you bastards would crucify him all over again. Over it. Its honestly like you people live to try and destroy other peoples hard work. You are animals of the worst kind.
