Did you even read what i wrote?
Yes. You believe that intentionally faking exchange volume is acceptable....
https://bitcointalksearch.org/topic/m.11252191
Topic: Are BanxShares as good as GAW Paycoin? - page 36. (Read 47093 times)
Yes. You believe that intentionally faking exchange volume is acceptable....
https://bitcointalksearch.org/topic/m.11252191
This guy clearly has issues. Big issues. Reading your replys make me think you need help. You live in a fantasy world
So here's a simple, incontrovertible fact you can't argue with, the code for the original BANX wallet I got from the github:
According to Mark Lyford, they weren't using that code the day Banx was announced. That's the incontrovertible fact.
We're led to believe that a wallet update was required for all users before the coin was announced - but Mark also said that miners had been dumping at cheap prices. The only exchange was Banx.io, so does that mean that everyone who bought and sold before the wallet update had their trades and shares cancelled?
And the only wallet I currently find at github is the Banx PoS wallet. Did you save the original wallet last year? How do you know it's the original wallet? Did you get it before the Bitcointalk ANN? If so, where did you find out about Banx before it was announced?
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You can see exactly how the mining happened, and why it was easy for miners to 51% the small network subtly and keep creating new shares for a while.
For a while? Supposedly the network was running for 1 week before it was announced at Bitcointalk, and by that time the coin wasn't mine-able.
So how could anyone mine in in those 7 days? There was no way for them to know it existed.
Besides, Mark Lyford says Banx premined all 6 million coins. Therefore, miners got nothing.
Also, it would be huge news if any miners succeeded in multiple 51% double-spend attacks. It has never happened in the entire history of Bitcoin.
So, once again, it looks like you're just making stuff up.
Or, to be fair, maybe some huge mining pool found out about this secret coin and had more hashrate than BanxMining, a multimillion-dollar cloud mining service with a free-energy windmill generator. And this huge mining pool decided to use their costly equipment to mine a coin that is only sold on its own exchange, and then they dumped it for less than the ICO price, before the launch was announced, for no reason.
I'd like to ask you a serious question: When you talk about the first PoW phase, are you talking about the Banx Testnet?
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but since you haven't bothered to investigate
You're alone on that one, since the other Banx supporters say I've spent too much time investigating.
After reading all this lengthy thread which is pretty tiresome tbh
I doubt that's true. Any Banx investor who reads this thread should be furious - but not with me.
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What does piss me off is seeing people try to destroy my investment.
Are you talking about Mark Lyford?
I can't destroy your investment, because your investment is already a loss. According to the patterns shown in this thread, and if Banx is what it appears to be, you will never get dividends equal to the amount you spent on shares.
Did you even read what i wrote? Seems your too eager to requote. Anyways thanks for that. You have proven to me you clearly cannot read. You could see what i wrote and made your own suggestions. Basically what you have done with this whole thread.
Once again im a banx holder im very happy with the project and the profit payouts i have recieved over the last year.
Regarding mark or the team? Great set of guys i speak to them daily. Ive have skype contact, phone numbers, personal fb accounts and i have even been invited to the offices if i am ever passing. I wish i could say the same about ANY other crypto project. You have way too much time on your hands for this to be a hobby. You sir have a motive. And i will remind you that you are just a troll on a troll forum no one really gives a shit what story you scrape together because banx is producing results. This project was just a plan when i joined now it has many branches to the business. But you sir are stuck so far up your own arse its embarrassing reading what you have written. Your claiming bitshares is a scam now its laughable im actually lmafao in bed atm. Thanks for the lols on your behalf
Do you remember in this topic, when some guy showed up and had a whole story about the 2 PoW mining phases of Banx, and how miners got a lot of BanxShares, and how the coins at C-Cex only got forked because miners were exploiting the network? Just a bunch of imaginary lies, but he was pretending it was a real series of events?
Hold on, I was fine with you questioning BANX and M. Lyford, he's a big boy and can defend himself. But now you're calling ME a liar and a sockpuppet, just because you seem unable to order events in their proper time frame. So here's a simple, incontrovertible fact you can't argue with, the code for the original BANX wallet I got from the github:
Code:
int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 2 * COIN;
if(nHeight==5) return 5400000 * COIN;
if(nHeight==43002) return 551184 * COIN;
if(nHeight>7000) nSubsidy = 1 * COIN;
if(nHeight>42700) return nFees;
return nSubsidy + nFees;
}
You can see exactly how the mining happened, and why it was easy for miners to 51% the small network subtly and keep creating new shares for a while. You can compare that with the code for the new PoS wallet if you want, but since you haven't bothered to investigate and just called me a liar, I don't expect you to bother trying to fit these facts in your version of reality.
According to you, I'd be a victim of a huge scam with BANX. Makes me wonder why you'd attack me without checking any of the things I tried to help you with and lose some of your credibility in the process.
But this has got to make one wonder about the relationship of banx to bitshares.
Birds of a feather flock together.
I decided to ask a few questions about BitShares:
https://bitcointalksearch.org/topic/there-is-still-widespread-confusion-about-bitshares-pts-and-protoshares-1185432
Do you remember in this topic, when some guy showed up and had a whole story about the 2 PoW mining phases of Banx, and how miners got a lot of BanxShares, and how the coins at C-Cex only got forked because miners were exploiting the network? Just a bunch of imaginary lies, but he was pretending it was a real series of events?
I noticed a similarly perplexing tactic in my BitShares topic.
A guy shows up, and he seems to be serious about the series of events he describes. But the slightest look at the facts shows that his story has no connection with reality. This time I had to use the Wayback Machine. I guess the most confusing part is why someone would say "Protoshares wasn't renamed to BitSharesPTS until November" when Google can prove it was already called that 10 months earlier.
After reading all this lengthy thread which is pretty tiresome tbh
I doubt that's true. Any Banx investor who reads this thread should be furious - but not with me.
Quote
What does piss me off is seeing people try to destroy my investment.
Are you talking about Mark Lyford?
I can't destroy your investment, because your investment is already a loss. According to the patterns shown in this thread, and if Banx is what it appears to be, you will never get dividends equal to the amount you spent on shares.
After reading all this lengthy thread which is pretty tiresome tbh after seeing it all again for like the 3rd time? What ever picture you try to paint of mark and his business banx, it isnt going to make the slightest bit of difference to banx. If anything banx will just try harder than it already is to prove you lot of paranoid crypto phobes wrong. Again banx has done nothing but produce results. Ive been in since november 2014 when banx had NOTHING. Banx now has a few projects on the portfolio its paid me dividends every month for nearly a year now. I am more than immpressed with the work produced. I havnt seen a crypto project even come close to banx. Either get involved or focus your talents of requoting shit else where. What does piss me off is seeing people try to destroy my investment. i made a choice to invest in this idea at the time of investment and pretty much thats all it was. Now its a running business with services and more in the pipeline. Your all so far of base its embarrassing. Banx doesnt need your green light to succeed its doing just fine with out you lot involved.
Lets see what other people who actually own banx shares think. Because atm none of you own shares and yet your voicing your opinion when you have no experience with the project other than reading some quotes on a fcking troll forum.
Lets see what other people who actually own banx shares think. Because atm none of you own shares and yet your voicing your opinion when you have no experience with the project other than reading some quotes on a fcking troll forum.
Have they really taken that much?
The fact that question is even being asked, says it all......but lets ask it, nonetheless.@Banx
To date, how much has Banx raised during its IPO?
He admits to what he's done in his book. Doesn't sound like someone trying to hide something. I'm not saying he is a great guy, but anyone could read the book and judge for themselves.
Not sure any of that is the real issue here.
If you put half this effort into creating something yourself you might actually get somewhere in life! Or you could just sit behind your pseudonym and be a keyboard warrior...
When I take millions of dollars from the people here at bitcointalk, then you can criticize what I'm doing.
Since you are the one taking their money, you are the one that gets scrutinized.
Have they really taken that much? I would have been surprised if they had sold six figures of this thing. Are there really a lot of people in the community who have bought in?
He admits to what he's done in his book. Doesn't sound like someone trying to hide something. I'm not saying he is a great guy, but anyone could read the book and judge for themselves.
If you put half this effort into creating something yourself you might actually get somewhere in life! Or you could just sit behind your pseudonym and be a keyboard warrior...
The only thing i see being created by you, is a bigger and bigger hole, together with a future rod for your back. When there are so many questions to answer, this^^^^ just says failure.
What did you create before you were the No.2 of a bitcoin company/exchange that counts its traded share volume 5x more than it actually did?
If you put half this effort into creating something yourself you might actually get somewhere in life! Or you could just sit behind your pseudonym and be a keyboard warrior...
And if you put a few minutes into actually reading the thread.......you might find that there really are some serious issues with BanxShares
Far as I can see, we should be grateful that runpaint has the skills and time to put this topic together.
My only response to all of that has to be.....holy fuck!
runpaint has been a busy guy.
Is NXTInspect looking to fill any positions! runpaint has been a busy guy.
If you put half this effort into creating something yourself you might actually get somewhere in life! Or you could just sit behind your pseudonym and be a keyboard warrior...
When I take millions of dollars from the people here at bitcointalk, then you can criticize what I'm doing.
Since you are the one taking their money, you are the one that gets scrutinized.
their mining gear is real, but very small. I asked for proof on bitsharestalk and made them post pictures. I doubt they make a lot with it.
35% of all the money from the IPO is supposedly to be continually invested into mining hardware. Hundreds of thousands of dollars.
If you put half this effort into creating something yourself you might actually get somewhere in life! Or you could just sit behind your pseudonym and be a keyboard warrior...
I must admit, the volume and marketcap do not look legit at all. however, once banx operates through BitShares, there won't be any manipulation possible.
They'll still be able to hold the majority of shares in their own wallet, on their own exchange, and continue to say they're selling them off-chain and transferring them internally.
AltcoinHerald had a NXT asset - they paid dividends for a while, then dumped all of their own shares and disappeared with the money. When a share has value only because of expected future dividends, it becomes completely worthless as soon as the dividends stop.
If BanxShares become available on real exchange markets, and there is a large volume of buy orders - at any price - it will be very easy for Banx to sell their millions of remaining shares for whatever they can get, and then never pay a dividend again. What do they have to lose? 1 ATM machine and some mining equipment that may not exist?
From the Banx prospectus, Page 1:
"There is no guarantee that dividends will be paid."
http://banxcapital.s3.amazonaws.com/Banx_Capital_Prospectus.pdf
their mining gear is real, but very small. I asked for proof on bitsharestalk and made them post pictures. I doubt they make a lot with it.
I must admit, the volume and marketcap do not look legit at all. however, once banx operates through BitShares, there won't be any manipulation possible.
They'll still be able to hold the majority of shares in their own wallet, on their own exchange, and continue to say they're selling them off-chain and transferring them internally.
AltcoinHerald had a NXT asset - they paid dividends for a while, then dumped all of their own shares and disappeared with the money. When a share has value only because of expected future dividends, it becomes completely worthless as soon as the dividends stop.
If BanxShares become available on real exchange markets, and there is a large volume of buy orders - at any price - it will be very easy for Banx to sell their millions of remaining shares for whatever they can get, and then never pay a dividend again. What do they have to lose? 1 ATM machine and some mining equipment that may not exist?
From the Banx prospectus, Page 1:
"There is no guarantee that dividends will be paid."
http://banxcapital.s3.amazonaws.com/Banx_Capital_Prospectus.pdf
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