Are BanxShares as good as GAW Paycoin? - page 9.

ByronP

hero member

Activity: 599

Merit: 510

Quote from: Abiky on March 17, 2016, 08:44:17 AM

Quote from: bizzyb on March 17, 2016, 03:39:31 AM

Quote from: BARR_Official on March 16, 2016, 09:58:25 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?

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.

But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind

It might be a good time to edit your OP to

"Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed"
You've done a good job, maybe now close the thread and find the next internet villain.

Interesting facts from banx.io exchange. I have noticed that now my Banx says that they are a BTS asset. How do I manage to get them or transfer them to the Bitshares platform? (openledger) I am still a little confused getting around all this. Any clarification would be greatly appreciated.

1. go to bitshares.openledger.info and register for an account
2. go to banx.io and sign in to your account
3. go to your withdrawals page, under assets find BANX input the name of your openledger bitshares wallet that you created in step 1, enter a memo (can be anything since you don't need it for openledger) and the amount to transfer
4. click the transfer button and enter your security pin, you will then have a pending withdrawal that you will need to confirm by clicking a link in an email that will be sent to you
CONGRATULATION wait a few minutes and your transfer will process and show up in your openledger account

this is basically the same process for every withdrawal from every exchange

BARR_Official

hero member

Activity: 686

Merit: 500

Quote from: bizzyb on March 17, 2016, 03:39:31 AM

Quote from: BARR_Official on March 16, 2016, 09:58:25 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?

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 BANX @ 0.00002999.
And even there, the price has gone as low as 510 sats within the past week.
And there are only 6 orders above 50 satoshis, so 150 is probably too high.

Meanwhile on the real market, nobody's offering more than .1 BTS, which is about 150 satoshis.
Somebody already sold 198,000 BANX for that price, and nobody else has bought any real volume compared to that.

http://cryptofresh.com/a/BANX

Quote from: bizzyb on March 17, 2016, 03:39:31 AM

But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind

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?

Quote from: bizzyb on March 17, 2016, 05:04:06 AM

I've already bought a boat load at 650 sats.

Well, that's embarrassing.

Instead of taking your word that the price is 2999 and also 650, we'll look at the charts:

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: bizzyb on March 17, 2016, 03:39:31 AM

Quote from: BARR_Official on March 16, 2016, 09:58:25 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?

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.

But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind

It might be a good time to edit your OP to

"Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed"
You've done a good job, maybe now close the thread and find the next internet villain.

Interesting facts from banx.io exchange. I have noticed that now my Banx says that they are a BTS asset. How do I manage to get them or transfer them to the Bitshares platform? (openledger) I am still a little confused getting around all this. Any clarification would be greatly appreciated.

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: stereotype on March 17, 2016, 04:53:17 AM

Quote from: bizzyb on March 17, 2016, 04:45:49 AM

Quote from: stereotype on March 17, 2016, 04:23:21 AM

Quote from: bizzyb on March 17, 2016, 03:39:31 AM

Quote from: BARR_Official on March 16, 2016, 09:58:25 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?

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.

But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind

It might be a good time to edit your OP to

"Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed"
You've done a good job, maybe now close the thread and find the next internet villain.

So Mark and ByronP can still decide and fix whatever price they wish, as they did for all of last year with around 90% of fake volume, and lies about who was creating said volume? Case is not closed bizzyb, while this scenario can still exist.
The next internet villain/s are whoever operates cryptomic.com.

How can they decide and fix whatever price they wish?

I havent followed Bitshares and how third parties connect to the platform, so educate me....how does the dual pricing you describe work?
Does the 'intergration' now completely prevent Mark and ByronP from controlling any prices on Banx/Cryptomic?

Well yeah, it's free trading. I've already bought a boat load at 650 sats.
If they change that, they'll be getting a call from several already "unhappy" investors, though I am convinced they would not even consider it.

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: bizzyb on March 17, 2016, 04:45:49 AM

Quote from: stereotype on March 17, 2016, 04:23:21 AM

Quote from: bizzyb on March 17, 2016, 03:39:31 AM

Quote from: BARR_Official on March 16, 2016, 09:58:25 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?

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.

But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind

It might be a good time to edit your OP to

"Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed"
You've done a good job, maybe now close the thread and find the next internet villain.

So Mark and ByronP can still decide and fix whatever price they wish, as they did for all of last year with around 90% of fake volume, and lies about who was creating said volume? Case is not closed bizzyb, while this scenario can still exist.
The next internet villain/s are whoever operates cryptomic.com.

How can they decide and fix whatever price they wish?

I havent followed Bitshares and how third parties connect to the platform, so educate me....how does the dual pricing you describe work?
Does the 'intergration' now completely prevent Mark and ByronP from controlling any prices on Banx/Cryptomic?

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: stereotype on March 17, 2016, 04:23:21 AM

Quote from: bizzyb on March 17, 2016, 03:39:31 AM

Quote from: BARR_Official on March 16, 2016, 09:58:25 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?

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.

But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind

It might be a good time to edit your OP to

"Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed"
You've done a good job, maybe now close the thread and find the next internet villain.

So Mark and ByronP can still decide and fix whatever price they wish, as they did for all of last year with around 90% of fake volume, and lies about who was creating said volume? Case is not closed bizzyb, while this scenario can still exist.
The next internet villain/s are whoever operates cryptomic.com.

How can they decide and fix whatever price they wish?

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: bizzyb on March 17, 2016, 03:39:31 AM

Quote from: BARR_Official on March 16, 2016, 09:58:25 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?

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.

But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind

It might be a good time to edit your OP to

"Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed"
You've done a good job, maybe now close the thread and find the next internet villain.

So Mark and ByronP can still decide and fix whatever price they wish, as they did for all of last year with around 90% of fake volume, and lies about who was creating said volume? Case is not closed bizzyb, while this scenario can still exist.
The next internet villain/s are whoever operates cryptomic.com.

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: BARR_Official on March 16, 2016, 09:58:25 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?

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.

But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind

It might be a good time to edit your OP to

"Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed"
You've done a good job, maybe now close the thread and find the next internet villain.

BARR_Official

hero member

Activity: 686

Merit: 500

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?

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: MarkLyford on March 11, 2016, 08:19:15 PM

Quote from: BARR_Official on March 11, 2016, 06:32:20 PM

Quote from: bizzyb on March 11, 2016, 06:28:20 PM

https://banx.io/trade?c=BANX&p=BTC

Yes, all the BANX at banx.io is controlled by Banx.

Users can't even transfer it out of banx.io to their Bitshares account without being on a whitelist.

If they do withdraw it, they'll never be able to transfer it again to anyone else unless they sell it on the Bitshares market.

And their funds can be frozen at any time.

1.Incorrect
2. Incorrect
3. incorrect

Open trading with no whitelisting is operational. and most holders have their Banx on banx.io therefore in the banxio BTS wallet.

Anyone from Bitshares will confirm the below setup and that you are incorrect.

Permissions for Banx >> http://banxcapital.s3.amazonaws.com/2016-03-12_0013.png
Flags for Banx >> http://banxcapital.s3.amazonaws.com/2016-03-12_0014b.png

So please make sure you run to your buddies and make sure they publish that we have moved to Bitshares. I am sure there must be nothing else you have an issue with.

Mark

Interesting. I will look more into this. Say Mark, how would I be able to transfer my BANX to the BTS platform? I have found this rather confusing to do within banx.io, but if you or someone could clarify me about this, I would greatly appreciate it. Just have some spare BANX lying around in banx.io and would like to play with them. Roll Eyes

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: favdesu on March 12, 2016, 03:40:31 AM

Quote from: Apraksin on March 11, 2016, 05:45:40 PM

Quote from: BARR_Official on March 11, 2016, 05:11:01 PM

Quote from: favdesu on March 11, 2016, 04:55:56 PM

also, didn't they use this chance to issue 10x more shares compared to the initial launch?

That is correct.

BanxShares were originally sold with the promise that there would never be more than 6 million shares.

Now there are 120 million.

But in percentage our share is still the same.

yeah genius, but that doesn't matter if there are millions of new shares owned by banx. they're devaluing your shares too

Could you explain that please, would be interesting to hear a different perspective on this.

favdesu

legendary

Activity: 1764

Merit: 1000

Quote from: Apraksin on March 11, 2016, 05:45:40 PM

Quote from: BARR_Official on March 11, 2016, 05:11:01 PM

Quote from: favdesu on March 11, 2016, 04:55:56 PM

also, didn't they use this chance to issue 10x more shares compared to the initial launch?

That is correct.

BanxShares were originally sold with the promise that there would never be more than 6 million shares.

Now there are 120 million.

But in percentage our share is still the same.

yeah genius, but that doesn't matter if there are millions of new shares owned by banx. they're devaluing your shares too

stereotype

legendary

Activity: 1554

Merit: 1000

Quote from: MarkLyford on March 11, 2016, 08:19:15 PM

So please make sure you run to your buddies and make sure they publish that we have moved to Bitshares. I am sure there must be nothing else you have an issue with.

Mark

Pathetic. Its like you are awarding yourself some credit for making Banx tradable after holding your shareholders hostage for god knows how long.
BTW, how did trying to control an ICO for over a year work out for you/Banx? What were the benefits that you were trying to achieve, and would you recommend that a business claiming to be genuine and viable, do what you did? Wondering (again) why its to your advantage to post here?? Dont tell me, you have something to 'promote' and theres no such thing as bad publicity, eh?

Hey, feel free to publish that evidence you have continuously failed to supply, that Banx is actually a business worth promoting

9 months left for HMRC. Will Banx still be around?

BARR_Official

hero member

Activity: 686

Merit: 500

Quote from: MarkLyford on March 11, 2016, 08:19:15 PM

So please make sure you run to your buddies and make sure they publish that we have moved to Bitshares.

Everyone can read it here. This is the only topic for Banx discussion at bitcointalk since you locked the Banx ANN.

MarkLyford

sr. member

Activity: 455

Merit: 250

Quote from: BARR_Official on March 11, 2016, 06:12:41 PM

Quote from: bizzyb on March 11, 2016, 06:10:31 PM

RunPaint the market is open and free trading is going on.

And Mark Lyford/Banx currently holds 99.77% of all BanxShares.

Incorrect again. over 300 people hold banx on banx.io and therefore within banxio BTS wallet. Anyone who holds a Banx balance in banx.io are able to withdraw their Banx to anywhere they want.

MarkLyford

sr. member

Activity: 455

Merit: 250

Quote from: BARR_Official on March 11, 2016, 06:32:20 PM

Quote from: bizzyb on March 11, 2016, 06:28:20 PM

https://banx.io/trade?c=BANX&p=BTC

Yes, all the BANX at banx.io is controlled by Banx.

Users can't even transfer it out of banx.io to their Bitshares account without being on a whitelist.

If they do withdraw it, they'll never be able to transfer it again to anyone else unless they sell it on the Bitshares market.

And their funds can be frozen at any time.

1.Incorrect
2. Incorrect
3. incorrect

Open trading with no whitelisting is operational. and most holders have their Banx on banx.io therefore in the banxio BTS wallet.

Anyone from Bitshares will confirm the below setup and that you are incorrect.

Permissions for Banx >> http://banxcapital.s3.amazonaws.com/2016-03-12_0013.png
Flags for Banx >> http://banxcapital.s3.amazonaws.com/2016-03-12_0014b.png

So please make sure you run to your buddies and make sure they publish that we have moved to Bitshares. I am sure there must be nothing else you have an issue with.

Mark

BARR_Official

hero member

Activity: 686

Merit: 500

Quote from: bizzyb on March 11, 2016, 06:28:20 PM

https://banx.io/trade?c=BANX&p=BTC

Yes, all the BANX at banx.io is controlled by Banx.

Users can't even transfer it out of banx.io to their Bitshares account without being on a whitelist.

If they do withdraw it, they'll never be able to transfer it again to anyone else unless they sell it on the Bitshares market.

And their funds can be frozen at any time.

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

https://banx.io/trade?c=BANX&p=BTC

BARR_Official

hero member

Activity: 686

Merit: 500

bizzyb

legendary

Activity: 1652

Merit: 1001

Don't look at my signature!

Quote from: BARR_Official on March 11, 2016, 06:12:41 PM

Quote from: bizzyb on March 11, 2016, 06:10:31 PM

RunPaint the market is open and free trading is going on.

Well 1 person has offered to buy 1 BANX for the price of 1 BTS, but it's not exactly free trading is it?

The BanxShares asset on BitShares is "transfer restricted".

Apparently that means you can't transfer it to anyone else in any way except selling on the open market.

So now people can't even offer BANX for sale on Bitcointalk like they've been doing.

In your own world as per usual.

https://banx.io/trade?c=BANX&p=BTC

Topic: Are BanxShares as good as GAW Paycoin? - page 9. (Read 47072 times)