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Topic: Are BanxShares as good as GAW Paycoin? - page 8. (Read 47027 times)

member
Activity: 75
Merit: 10
March 22, 2016, 02:58:35 PM
Google Webcache from March 16th that shows projections.


http://webcache.googleusercontent.com/search?q=cache:-PMRFWevMxIJ:banxshares.com/investors/+&cd=1&hl=en&ct=clnk&gl=uk


Maybe you should go ask your boss what is _really_ going on?

Copyright 2016 Banxshares.com
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
March 22, 2016, 02:50:47 PM
I took them yesterday. I don't know or care if your website was displaying incorrectly. I took that screenshot yesterday while on your site. PERIOD.


Unedited screen I took YESTERDAY.
Strange then that web archive from 9th January 2016 shows Banxshares.com forwarding to Banxcapital.com

AND

the web archive from 9th January 2016 shows Banxcapital.com with NO "projections"

http://web.archive.org/web/20160109123320/http://banxshares.com/

I wonder how that could be explained?
Any ideas?
sr. member
Activity: 455
Merit: 250
March 22, 2016, 01:58:52 PM
stop playing games. banxshares.com has been forwarding to banxcapital.com for months.

member
Activity: 75
Merit: 10
March 22, 2016, 01:53:38 PM
I took them yesterday. I don't know or care if your website was displaying incorrectly. I took that screenshot yesterday while on your site. PERIOD.




Unedited screen I took YESTERDAY.
sr. member
Activity: 455
Merit: 250
sr. member
Activity: 455
Merit: 250
March 22, 2016, 01:42:40 PM
As I replied via email Mark, those screenshots from your page were taken Yesterday.


So they will remain up.

De Martino

I suggest you check your email again and stop playing games. I may accept you trying to mess with me and my business but I wont accept you deliberately mis representing me.

member
Activity: 75
Merit: 10
March 22, 2016, 01:36:44 PM
As I replied via email Mark, those screenshots from your page were taken Yesterday.


So they will remain up.
sr. member
Activity: 455
Merit: 250
March 22, 2016, 12:54:46 PM

thanks for sharing Ian, that article is on point.

Not that 'on point' as I have pointed out to Mr DeMartino he is deliberately using old screen caps our our pages. We have not had projections on our websites for many months as this email explains to Mr DeMartino. As you see I have requested he change this deliberate false information urgently.

As I have said in the email I have no further comments as nothing I say or do will change the agenda Mr DeMartino and his associates have:

legendary
Activity: 1764
Merit: 1000
March 22, 2016, 11:55:36 AM
Update on Banx by CoinJournal (that'd be me)

If you guys don't like anything about the article, I'm sure you'll still like the photo.



http://coinjournal.net/mark-lyford-opens-banx-sales-quickly-becomes-worthless/

I think the article is pretty good too. There is a lot about the current stuff (price below a penny, etc) but also includes some old stuff that has resurfaced. If you'll remember, my last run-in with Mark ended with him putting "these are projections" on his BanxCapital site. That disclaimer has been removed, but the statistics have been left up, so I did a little calculating with them.

Quote
We also see that Banx.io is claiming 1095 BTC in profit despite only having $19, or 0.0462 BTC in total volume over the last 24 hours, (as of 3/21/16) which has been typical of its usage over the past year. 1095 BTC a year equates to 3 BTC per day or roughly $1248. That means Lyford has been claiming that Banx.io has been pulling in over 6550% in fees compared to his exchange’s total volume. 0.1% is a typical exchange fee, so in order to pull in 3 BTC a day, Banx.io daily volume will need to increase to 3000 BTC or about $1,247,190 per day. That would be a whopping 6.5 million percent increase from its current levels.

The site still accepts sign ups for interested “private investors” though it stopped listing dividend payouts after July 2015.

Enjoy. Smiley

thanks for sharing Ian, that article is on point.
member
Activity: 75
Merit: 10
March 22, 2016, 11:20:47 AM
Update on Banx by CoinJournal (that'd be me)

If you guys don't like anything about the article, I'm sure you'll still like the photo.



http://coinjournal.net/mark-lyford-opens-banx-sales-quickly-becomes-worthless/

I think the article is pretty good too. There is a lot about the current stuff (price below a penny, etc) but also includes some old stuff that has resurfaced. If you'll remember, my last run-in with Mark ended with him putting "these are projections" on his BanxCapital site. That disclaimer has been removed, but the statistics have been left up, so I did a little calculating with them.

Quote
We also see that Banx.io is claiming 1095 BTC in profit despite only having $19, or 0.0462 BTC in total volume over the last 24 hours, (as of 3/21/16) which has been typical of its usage over the past year. 1095 BTC a year equates to 3 BTC per day or roughly $1248. That means Lyford has been claiming that Banx.io has been pulling in over 6550% in fees compared to his exchange’s total volume. 0.1% is a typical exchange fee, so in order to pull in 3 BTC a day, Banx.io daily volume will need to increase to 3000 BTC or about $1,247,190 per day. That would be a whopping 6.5 million percent increase from its current levels.

The site still accepts sign ups for interested “private investors” though it stopped listing dividend payouts after July 2015.

Enjoy. Smiley
legendary
Activity: 1764
Merit: 1000
March 17, 2016, 01:50:42 PM
Coinmarketcap's last price says that BANX was trading for 540,000 satoshis.

Now that BANX is traded on BitShares, the price has quickly settled to about 150 satoshis.

So it's selling for 3600 times less than the ICO price.

Is that the new all-time world record for the biggest price drop of any coin?

it's the biggest "stay the fuck away" sign of the world for sure
hero member
Activity: 686
Merit: 500
March 17, 2016, 01:46:21 PM
The facts have sent you into an emotional episode. 

I'm sorry you spent a lot of money buying BANX at 650 and now it looks like it will be under 50 sats soon.

But you can't say I didn't warn you.  I've been your best friend here, but you wouldn't listen. 
Life is an emotional episode Smiley

So, tell me about your relationship with your mother?



Trusting an emotionally disturbed person for therapy would be like trusting an insolvent criminal for investment. 

So of course you see no problem with it.
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
March 17, 2016, 12:26:19 PM
The facts have sent you into an emotional episode. 

I'm sorry you spent a lot of money buying BANX at 650 and now it looks like it will be under 50 sats soon.

But you can't say I didn't warn you.  I've been your best friend here, but you wouldn't listen. 
Life is an emotional episode Smiley

So, tell me about your relationship with your mother?
hero member
Activity: 686
Merit: 500
March 17, 2016, 12:23:23 PM
The facts have sent you into an emotional episode. 

I'm sorry you spent a lot of money buying BANX at 650 and now it looks like it will be under 50 sats soon.

But you can't say I didn't warn you.  I've been your best friend here, but you wouldn't listen. 
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
March 17, 2016, 11:28:53 AM
@MarkLyford, if you are monitoring this thread, please, I am pleading..

Please bring back the fixed minimum pricing ICO....please !!

RunPaint, you are like a breath of fresh air, like a mountain breeze dancing across a spring of lily bordered refreshment....thank you...I think I am having a bit of a religious experience...

wow..hang on...I'm floating above my own body...I can see the entire universe now, and it looks like the BARR icon....woah....so purdy...
legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
March 17, 2016, 11:25:34 AM
tool

What!?

Are you telling me that a free market price has changed!

Call the cops, or at least dangermouse, it is NOT going to be tolerated any more.


BRING BACK THE ICO..for the love of god..please...bring back the ICO....
hero member
Activity: 686
Merit: 500
March 17, 2016, 11:23:37 AM






legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
March 17, 2016, 11:16:36 AM
Coinmarketcap's last price says that BANX was trading for 540,000 satoshis.

Now that BANX is traded on BitShares, the price has quickly settled to about 150 satoshis.

So it's selling for 3600 times less than the ICO price.

Is that the new all-time world record for the biggest price drop of any coin?
Not arguing about the price taking a nose dive, but the main trading is happening here
https://banx.io/trade?c=BANX&p=BTC
Last price was 2999 sats not 150.



That's right, the last trade at banx.io was for 1 single lonely BANX, for a total sale of 0.00002999 BTC, which is worth about $0.01 USD



This also equates to an equivalent price of 29,990 sats for the pre BTS migration total coin circulation as the number of coins everyone holds was multiplied by TEN.



You mean ...illegal split performed ....to the public.

So you're saying that..... inflation..... fake......1/5 of that. 



OK whatever you say RunPaint
hero member
Activity: 686
Merit: 500
March 17, 2016, 11:00:44 AM
Coinmarketcap's last price says that BANX was trading for 540,000 satoshis.

Now that BANX is traded on BitShares, the price has quickly settled to about 150 satoshis.

So it's selling for 3600 times less than the ICO price.

Is that the new all-time world record for the biggest price drop of any coin?
Not arguing about the price taking a nose dive, but the main trading is happening here
https://banx.io/trade?c=BANX&p=BTC
Last price was 2999 sats not 150.



That's right, the last trade at banx.io was for 1 single lonely BANX, for a total sale of 0.00002999 BTC, which is worth about $0.01 USD



This also equates to an equivalent price of 29,990 sats for the pre BTS migration total coin circulation as the number of coins everyone holds was multiplied by TEN.



You mean the real price of 150 sats would equate to 1500 sats per BANX before the illegal split performed in violation of the stated "Terms and Conditions" in the Banx prospectus which was used to promote the sale of these shares to the public.

So you're saying that, if we adjust for inflation, the price has only dropped to 360 times less than the previous fake price on Banx.io which was supposed to be one of the many ICO prices. 

...but if 6 buy orders get filled, it will be 1/3 of that, and then the next order will be 1/5 of that. 


legendary
Activity: 1652
Merit: 1001
Don't look at my signature!
March 17, 2016, 10:26:12 AM
Coinmarketcap's last price says that BANX was trading for 540,000 satoshis.

Now that BANX is traded on BitShares, the price has quickly settled to about 150 satoshis.

So it's selling for 3600 times less than the ICO price.

Is that the new all-time world record for the biggest price drop of any coin?
Not arguing about the price taking a nose dive, but the main trading is happening here
https://banx.io/trade?c=BANX&p=BTC
Last price was 2999 sats not 150.



That's right, the last trade at banx.io was...@ 0.00002999.  

Right, maybe I'm painting a false picture.  Like you said, the real price is 2999.
Anyone saying the price is lower must be a liar, right?

You need spend more time on other things RunPaint.

This also equates to an equivalent price of 29,990 sats for the pre BTS migration total coin circulation as the number of coins everyone holds was multiplied by TEN.
i.e if you held 1000, you have 10,000 now.
I didn't say the "real price is 2999" so don't lie please, you quite correctly agreed with me, that at the time of writing, the "last" price was 2999.
Simple fact.

Will this change? Yes
Why? Free market.
So? Nothing.

Move on with your life.
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