Author

Topic: selling 122.37 btc worth of banx shares for btc, sha256mining hardware, or????? (Read 930 times)

sr. member
Activity: 518
Merit: 250

OP is offering $50,000 worth of shares, but I doubt they would bring $5,000 on a legitimate market.  Maybe $2,000 if he sold fast, before the price steadily dropped to nothing.




Looks like I was overly generous in estimating $2,000.

These shares he wanted to sell for $50,000 are now trading for about $132.

http://cryptofresh.com/a/BANX
legendary
Activity: 1456
Merit: 1014
Coincidentally, there's a new article today about Banxshares:

http://coinjournal.net/banx-three-months-later-no-bitshares-integration-less-than-1-sold-network-is-down/

Or maybe it's not a coincidence that so many people are trying to dump shares on bitcointalk, as the ship sinks.



wow if that article is true it's a total SCAM!
member
Activity: 112
Merit: 10
mmmm .... all very strange ....
sr. member
Activity: 518
Merit: 250
Coincidentally, there's a new article today about Banxshares:

http://coinjournal.net/banx-three-months-later-no-bitshares-integration-less-than-1-sold-network-is-down/

Or maybe it's not a coincidence that so many people are trying to dump shares on bitcointalk, as the ship sinks.

sr. member
Activity: 518
Merit: 250
So...you still can't say where Banx gets the money to pay dividends?
member
Activity: 76
Merit: 10
Okay you twisted little stick up your ass mongaloid, i will say this again, now for around the tenth time, retard, i am not a dev for banx, you are a fucking troll,and a deaf and dumb one at that, i wish you the best of luck with your career eating a big bag of dicks all day long, keep twisting reality itself to fit your little bar project until you decide even its a scam (which it is) and start trolling yourself, you sad sack, i hope you have to sell a kidney to eat one day, and that if you have/had a mother, that she is ashamed of you, if shes not then the universe is severly out of balance and you are the reason we have donald trump running for president, in which case, kill yourself, please, sincerly, the world. And the same could be said about your little barr crap your trying to scam up, there is a million things wrong with that and you know it, but we dont want to expand on that here do we, no just want to bag out someone else work cause you couldnt copy it or understand it, or absorb it like you think can with your barr (rofl laughin at that one), i know now you are going to end up in gaol anyway, so im happy, you left your name all over the website reg's, and left address information everywhere, so if i can find you, im sure they will, anyway, sleep well runny, im sure you havent done anything wrong or pissed anyone off, rofl.



sr. member
Activity: 518
Merit: 250
I was just answering someone's question about BANX.  I didn't see anyone asking for opinions about me as a person.

As for the rest, should I even bother to reply?  To a guy calling me insane, in a crazed run-on sentence that looks like a serial killer's manifesto?  To a guy saying to look at my post history, when 75% of all his posts for the past 12 months are about me? 

He didn't even deny the facts I posted, so his silence says a lot about Banx.  (Apparently he's one of the devs?)
legendary
Activity: 1680
Merit: 1205
If you can send me more details about the money I can make from the shares I might be able to help you out in a few days, let me know how much you need.



Here is an in-depth topic about Banxshares:

https://bitcointalksearch.org/topic/are-banxshares-as-good-as-gaw-paycoin-1181883



It's only traded on an exchange owned by Banx, and it was delisted from coinmarketcap's rankings after repeated instances of false market data being reported.

Since it is only traded on its own exchange, it's not allowed to be sold below the ICO price.  And the ICO has been going since 2014 (it's 2016 now, for the record).  And they keep raising the price, still not allowing people to sell, which is why there have been several topics here from desperate holders trying to get rid of their shares off the exchange.

There were originally 6 million shares, and they sold for $1 or less at launch.  Then they split the shares, making 12 million, giving holders a cost of 50 cents per share.  But because they completely control their own market, they continued to artificially raise the price instead of cutting it in half.

OP is offering $50,000 worth of shares, but I doubt they would bring $5,000 on a legitimate market.  Maybe $2,000 if he sold fast, before the price steadily dropped to nothing.

Banx has failed to provide much evidence that their dividends come from legitimate and sustainable business.  Just one example:  they advertised all year that one of their business branches was BanxATM, and that a percentage of ICO funds would go to the ATM business.  But after representing for several months that there were already ATMs in operation, they just announced about 2 months ago that they acquired their first ATM.

So where have the dividends been coming from?  If they're ultimately coming from sales of Banxshares, then that is the definition of a Ponzi scheme which will completely collapse and leave all holders with nothing.


I would urge anyone who wants to take Runpaints word on anything, to have a look at his posts, he is a woman hating, gay bashing, degenerate scum of the earth kind, just read his posts and see what i mean, and then have a real think if you feel comfortable taking financial advice from someone who thinks its okay to behave however he likes, he knows no repecutions and wouldnt care if he said the truth or not, as long as he is the centre of attention, just run through his posts and see if you agree with even the first 4 posts he has about homosexuals (and how they where all molested as children) and women (and there subordinate role to men), this guy is fucking insane, like a clown car that never ends, the crazy shit will forever be just jumping out of his head, i mean even if he is ever right about ANYTHING, it would only be because he has said so much shit that at least something is bound to work out the way he says, hopefully not, usually people like runpain get to sit in there mums basement polishing there knobs and shotguns, without being bothered, but the internet is allowing even for special needs individuals like runpaint to try to make friends, he just isnt that good at it, and the delusional self grandure tied in with the whole schizophrenic thought formation thing just dont mix well normally, lucky there is the computer or we would have all have something similar to hunny boo boos mum running aruond throwing its arms in the air screaming at us for disagreeing with it and then crawling into a corner and crying for hours on end about how no one loves it. And the coin, oh the coin, his barr is the best just ask him, big bank eat little bank dude, your living on other peoples borrowed time with that idea. So you decide if you think runpaint is a perfectly sane individual, his posts are there, it could be way to much coffee and bad parenting, but hey have a look for yourself.

You are both right Smiley
member
Activity: 76
Merit: 10
And now we sit and wait for him to start throwing threats around, and flashing pictures of his shotguns and ancient desktops at us, and saying he is waiting for us, pffft, nixon called, he wants his personality back runny.
member
Activity: 76
Merit: 10
I would urge anyone who wants to take Runpaints word on anything, to have a look at his posts, he is a woman hating, gay bashing, degenerate scum of the earth kind, just read his posts and see what i mean, and then have a real think if you feel comfortable taking financial advice from someone who thinks its okay to behave however he likes, he knows no repecutions and wouldnt care if he said the truth or not, as long as he is the centre of attention, just run through his posts and see if you agree with even the first 4 posts he has about homosexuals (and how they where all molested as children) and women (and there subordinate role to men), this guy is fucking insane, like a clown car that never ends, the crazy shit will forever be just jumping out of his head, i mean even if he is ever right about ANYTHING, it would only be because he has said so much shit that at least something is bound to work out the way he says, hopefully not, usually people like runpain get to sit in there mums basement polishing there knobs and shotguns, without being bothered, but the internet is allowing even for special needs individuals like runpaint to try to make friends, he just isnt that good at it, and the delusional self grandure tied in with the whole schizophrenic thought formation thing just dont mix well normally, lucky there is the computer or we would have all have something similar to hunny boo boos mum running aruond throwing its arms in the air screaming at us for disagreeing with it and then crawling into a corner and crying for hours on end about how no one loves it. And the coin, oh the coin, his barr is the best just ask him, big bank eat little bank dude, your living on other peoples borrowed time with that idea. So you decide if you think runpaint is a perfectly sane individual, his posts are there, it could be way to much coffee and bad parenting, but hey have a look for yourself.
sr. member
Activity: 518
Merit: 250
If you can send me more details about the money I can make from the shares I might be able to help you out in a few days, let me know how much you need.



Here is an in-depth topic about Banxshares:

https://bitcointalksearch.org/topic/are-banxshares-as-good-as-gaw-paycoin-1181883



It's only traded on an exchange owned by Banx, and it was delisted from coinmarketcap's rankings after repeated instances of false market data being reported.

Since it is only traded on its own exchange, it's not allowed to be sold below the ICO price.  And the ICO has been going since 2014 (it's 2016 now, for the record).  And they keep raising the price, still not allowing people to sell, which is why there have been several topics here from desperate holders trying to get rid of their shares off the exchange.

There were originally 6 million shares, and they sold for $1 or less at launch.  Then they split the shares, making 12 million, giving holders a cost of 50 cents per share.  But because they completely control their own market, they continued to artificially raise the price instead of cutting it in half.

OP is offering $50,000 worth of shares, but I doubt they would bring $5,000 on a legitimate market.  Maybe $2,000 if he sold fast, before the price steadily dropped to nothing.

Banx has failed to provide much evidence that their dividends come from legitimate and sustainable business.  Just one example:  they advertised all year that one of their business branches was BanxATM, and that a percentage of ICO funds would go to the ATM business.  But after representing for several months that there were already ATMs in operation, they just announced about 2 months ago that they acquired their first ATM.

So where have the dividends been coming from?  If they're ultimately coming from sales of Banxshares, then that is the definition of a Ponzi scheme which will completely collapse and leave all holders with nothing.
member
Activity: 60
Merit: 10
If you can send me more details about the money I can make from the shares I might be able to help you out in a few days, let me know how much you need.
sr. member
Activity: 469
Merit: 500
ive held these since the begining of banx and have made a good bit off the monthly payouts, but being as i have a a new datacenter with 1500 amps of 3 phase power and no capital i need to sell all or some of these to put hardware into my dc as i currently have only about 50th worth of gear

i am not asking face value and am open to offers on part or the whole lot of banx
escrow is welcome and encouraged




if anyone is wondering what monthly payouts look like on that amount of shares let me know and i will send u some screenshots of payout history
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