Investors can sell runpaint i have an order to sell a few shares on banx.io. infact all those shares for sale on banx.io are investors shares
You guys should trade at banx.io some big changes coming soon and the trade fees are the lowest going
Topic: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT - page 3. (Read 4671 times)
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 08, 2015, 02:44:05 PM
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 08, 2015, 02:28:14 PM
Oh i see it doesnt claim to make you 245% that is showing the % made so far by holding banx shares. Bit different to what you guys are saying
Selling shares for $1.00, then doubling them for free, means they cost $0.50 each. That's a bit different from what Banx is saying.
Raising the price while not allowing investors to sell means they haven't made a Return On Investment. That's a bit different from what Banx is saying.
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 08, 2015, 02:09:25 PM
Oh i see it doesnt claim to make you 245% that is showing the % made so far by holding banx shares. Bit different to what you guys are saying
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 08, 2015, 02:04:39 PM
Snap..... 
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 08, 2015, 01:53:57 PM
Hi guys where is the claim of 245% again?
It's from BanxPlatinum.com. I've already posted it in this topic, but I'll post it again and circle it for you:
http://img.photobucket.com/albums/v96/runpaint/HereItIsAgainIdiot.png
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 08, 2015, 01:38:37 PM
The 245% claim came from runpaint initially, and I've just checked the interest rate offered on BanxPlatinum:
http://banxplatinum.com/
A 16% monthly return works out to either 200% annual return (if not compounded) or 500% if compounded.
So the 245% claim seems legit......well, not really.
Found the 245% original source, finally:
From: http://banxplatinum.com/ , about 2/3 of the way down........
http://banxplatinum.com/
Quote
"Top secret, risk free strategies to give you a 16% monthly return"
From Mark Lyford himself in the first few seconds of the video.A 16% monthly return works out to either 200% annual return (if not compounded) or 500% if compounded.
So the 245% claim seems legit......well, not really.
Found the 245% original source, finally:
From: http://banxplatinum.com/ , about 2/3 of the way down........
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 08, 2015, 01:01:26 PM
Hi guys where is the claim of 245% again?
Hello timmy
I updated this thread with supporting posts, however the main conversation is still on the gaw vs banx thread.
Thanks for your assistance in getting to the bottom of this.
Cheers.
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 08, 2015, 10:44:15 AM
Hi guys where is the claim of 245% again?
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 07, 2015, 10:49:51 AM
If I am right in my nasty suspicions about Banx, and so far no-ones even tried to prove me wrong, then all of the BTC you originally put into Banx is gone.
Supporting a 245% ROI over the long term is tricky: It's almost impossible for a real business, and completely impossible for a Ponzi.
The higher the ROI, the faster the Ponzi scheme burns up all the investment money flowing into it.
Think about this: you put $1000 into BanxPlatinum, and over a year you get paid out $2450 in dividends. How the hell is that possible ?
Really, I'd love to know.
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 07, 2015, 10:46:31 AM
Good catch, I was wondering that myself
crypto jerk - I think I've realized a major facet of the marketcap data that we've been overlooking, which is the effects of the share split and the absence of the subsequent price decrease that should have happened.
If 1,000,000 shares were sold at $1.00, for example, that would be $1,000,000 worth held by actual people other than Banx. If they are then given an additional 1,000,000 shares for free, they now have 2,000,000 shares for the same $1,000,000, which means the shares have a cost of $0.50 each.
But Coinmarketcap doesn't show that all early investors got their shares for $0.50, so Banx is publicly advertising a 245% "ROI" using Coinmarketcap as evidence. Is that misleading data, or a lie? Either way, it isn't good when this investment is marketed to the public using Search Engine Optimization.
(The above screencap showing public advertisement and general solicitation is from Banxplatinum.com, which is shared on Facebook, Linkedin, and can be found with a Google search)
http://www.seoevaluate.com/archive/banxplatinum-com/
Publicly advertising an investment round includes, but is not limited to, the following activities: 1. Revealing that the private company is actively seeking investments, 2. providing the details of the investment, such as the deal terms, and 3. revealing any additional information that is considered material for investors to know about the company in order to formulate an informed opinion.
http://www.forbes.com/sites/tanyaprive/2013/09/23/general-solicitation-ban-lifted-today-three-things-you-must-about-it/
If 1,000,000 shares were sold at $1.00, for example, that would be $1,000,000 worth held by actual people other than Banx. If they are then given an additional 1,000,000 shares for free, they now have 2,000,000 shares for the same $1,000,000, which means the shares have a cost of $0.50 each.
But Coinmarketcap doesn't show that all early investors got their shares for $0.50, so Banx is publicly advertising a 245% "ROI" using Coinmarketcap as evidence. Is that misleading data, or a lie? Either way, it isn't good when this investment is marketed to the public using Search Engine Optimization.
(The above screencap showing public advertisement and general solicitation is from Banxplatinum.com, which is shared on Facebook, Linkedin, and can be found with a Google search)
http://www.seoevaluate.com/archive/banxplatinum-com/
Quote
Publicly advertising an investment round includes, but is not limited to, the following activities: 1. Revealing that the private company is actively seeking investments, 2. providing the details of the investment, such as the deal terms, and 3. revealing any additional information that is considered material for investors to know about the company in order to formulate an informed opinion.
http://www.forbes.com/sites/tanyaprive/2013/09/23/general-solicitation-ban-lifted-today-three-things-you-must-about-it/
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
October 07, 2015, 10:45:32 AM
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 29, 2015, 08:04:45 AM
crypto jerk - I think I've realized a major facet of the marketcap data that we've been overlooking, which is the effects of the share split and the absence of the subsequent price decrease that should have happened.
If 1,000,000 shares were sold at $1.00, for example, that would be $1,000,000 worth held by actual people other than Banx. If they are then given an additional 1,000,000 shares for free, they now have 2,000,000 shares for the same $1,000,000, which means the shares have a cost of $0.50 each.
But Coinmarketcap doesn't show that all early investors got their shares for $0.50, so Banx is publicly advertising a 245% "ROI" using Coinmarketcap as evidence. Is that misleading data, or a lie? Either way, it isn't good when this investment is marketed to the public using Search Engine Optimization.
(The above screencap showing public advertisement and general solicitation is from Banxplatinum.com, which is shared on Facebook, Linkedin, and can be found with a Google search)
http://www.seoevaluate.com/archive/banxplatinum-com/
Publicly advertising an investment round includes, but is not limited to, the following activities: 1. Revealing that the private company is actively seeking investments, 2. providing the details of the investment, such as the deal terms, and 3. revealing any additional information that is considered material for investors to know about the company in order to formulate an informed opinion.
http://www.forbes.com/sites/tanyaprive/2013/09/23/general-solicitation-ban-lifted-today-three-things-you-must-about-it/
If 1,000,000 shares were sold at $1.00, for example, that would be $1,000,000 worth held by actual people other than Banx. If they are then given an additional 1,000,000 shares for free, they now have 2,000,000 shares for the same $1,000,000, which means the shares have a cost of $0.50 each.
But Coinmarketcap doesn't show that all early investors got their shares for $0.50, so Banx is publicly advertising a 245% "ROI" using Coinmarketcap as evidence. Is that misleading data, or a lie? Either way, it isn't good when this investment is marketed to the public using Search Engine Optimization.
(The above screencap showing public advertisement and general solicitation is from Banxplatinum.com, which is shared on Facebook, Linkedin, and can be found with a Google search)
http://www.seoevaluate.com/archive/banxplatinum-com/
Quote
Publicly advertising an investment round includes, but is not limited to, the following activities: 1. Revealing that the private company is actively seeking investments, 2. providing the details of the investment, such as the deal terms, and 3. revealing any additional information that is considered material for investors to know about the company in order to formulate an informed opinion.
http://www.forbes.com/sites/tanyaprive/2013/09/23/general-solicitation-ban-lifted-today-three-things-you-must-about-it/
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 28, 2015, 08:44:27 PM
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 28, 2015, 06:11:38 PM
Please see my full post here: https://bitcointalksearch.org/topic/m.12548327
Video here >> https://vimeo.com/140684057
I won't be commented on any more of this thread. 50 minute video above, watch it don't watch it. Up to you, like i say I have made this video for everyone else reading these troll thread, not the trolls.
Video here >> https://vimeo.com/140684057
I won't be commented on any more of this thread. 50 minute video above, watch it don't watch it. Up to you, like i say I have made this video for everyone else reading these troll thread, not the trolls.
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 28, 2015, 10:56:43 AM
@ Mark
1. Will your ico end when you go to bitshares.
2. In the short term or if ico doesnt end once on bitshares, Would you be willing to ask gliss to remove it from coinmarketcap?
3. Did gliss get a "personal visit(silver or lead option?)", and did gliss then get a banx "gift"?
1. Will your ico end when you go to bitshares.
2. In the short term or if ico doesnt end once on bitshares, Would you be willing to ask gliss to remove it from coinmarketcap?
3. Did gliss get a "personal visit(silver or lead option?)", and did gliss then get a banx "gift"?
1. No it wont, it will run until w sell all remaining Banx Shares
2. NO it will be moved to the assets section
3. NO Gliss got nothing from us.
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 28, 2015, 10:53:49 AM
@ Mark
1. Will your ico end when you go to bitshares.
2. In the short term or if ico doesnt end once on bitshares, Would you be willing to ask gliss to remove it from coinmarketcap?
3. Did gliss get a "personal visit(silver or lead option?)", and did gliss then get a banx "gift"?
1. Will your ico end when you go to bitshares.
2. In the short term or if ico doesnt end once on bitshares, Would you be willing to ask gliss to remove it from coinmarketcap?
3. Did gliss get a "personal visit(silver or lead option?)", and did gliss then get a banx "gift"?
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 28, 2015, 10:46:52 AM
I think crypto jerk started this thread because the other topic got clogged up, somehow, by people changing the subject for some reason, as if they wanted to distract from the issues by creating useless arguments.
So please take it back to the other topic if you want to discuss your failed attempt to dox me, your insistence that I am in England, and my subsequent counter-trolling tactics which have continued to glean more information from you.
So gie et a rest, this is the last time I'll comment orf-topic in this thread, mucca. See yeh on the other one, hae a noice day innit.
So please take it back to the other topic if you want to discuss your failed attempt to dox me, your insistence that I am in England, and my subsequent counter-trolling tactics which have continued to glean more information from you.
So gie et a rest, this is the last time I'll comment orf-topic in this thread, mucca. See yeh on the other one, hae a noice day innit.
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 28, 2015, 09:59:39 AM
@runpaint.
For someone who doesn't live in the UK you don't half use some British words and phrases......
For someone who doesn't live in the UK you don't half use some British words and phrases......
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 27, 2015, 03:50:57 PM
Banx is supposed to be transitioning to BitShares soon, and will then be listed as an asset.
^^ The first true thing you have posted in nearly two weeks ^^
That's because I've been posting your direct quotes mate. Don't blame me if everything I quote you on was a lie.
https://bitcointalksearch.org/topic/are-banxshares-as-good-as-gaw-paycoin-1181883
Re: Banx and how they mislead their customers, includes deceptive name, manipulation and PONZI ALERT
September 27, 2015, 03:43:23 PM
Banx is supposed to be transitioning to BitShares soon, and will then be listed as an asset.
^^ The first true thing you have posted in nearly two weeks ^^
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