[ANN] BANX Capital Joins BitShares Exchange Network

[donkeypong]

This is awesome news! Of all the selling points for BitShares, security would not have made my 'Top 5 reasons BitShares is unstoppable', and yet security is evidently a major concern that is drawing entrepreneurs to this chain (see quote below from press release). Nicely done, everyone, and especially to the developers who have worked so hard to make this technology rock solid.
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"Some of the biggest digital currency exchanges have been hacked and the rest are looking over their shoulders" says Banx Capital CEO and Founder Mark Lyford. "BitShares is offering their SmartChain as a safe, level playing field for use by the whole industry. It can serve as backbone network to all the exchanges as a way for them to trade with and against each other. With shared order books we will have deeper markets, tighter spreads, and greater liquidity. And since our customers keep their own keys while trading on this network, combined with hierarchical multi-sig capabilities – we can't get hacked, and our customers can't get hacked."

[Pheonike]

Just noticed the link in article for decentralized exchange points to banx.io instead of bitshares.org

[Akado]

http://finance.yahoo.com/news/banx-capital-joins-bitshares-exchange-162900334.html

[MarkLyford]

We have some interviews coming out this week which will explain our entire business model and goals and I will be preparing more information for you guys to look over if you wish shortly.

[MarkLyford]

Ag that first screen is a projection as you will see in the text above.

We make money and bitcoin from our network of business including mining, trading, and our marketing funnels.

[MarkLyford]

Business partnerships and cryptos working together like this deal is the way to be successful.  Not trying to convince everyone on bitcointalk that all your competitors are scams. :)   That is just a battle that goes nowhere.

While the silly proof of work altcoins and their little communities sit on bitocintalk and try to tell everyone that they are the true successor crypto and everyone else is a scam, our community will simply develop the Bitshares Exchange Network, grow with more coins and companies joining in, and generate actual revenue through trading fees, and grow until we are profitable. 

Then it wont matter anymore if the clowns in the altcoin subforum think Bitshares is a scam because it raised money and actually paid its developers, which is apparently anathema to some of them.  Bitshares will be a profitable DAC operating the Bitshares Exchange Network, making crypto trading secure from hackers for members of any coin community, and allowing companies to raise funds and issue assets on the blockchain.  And all the reasonable people will see that and wake up.

Well said my man :)

[ag]

BanxCapital claims BanxMint made over 400 btc in profit. Approximately $100,000.


How did it make $100,000 this year? By selling physical bitcoins at 100 to 200 dollars markup. Really? I don't believe that.

[Akado]

Should we add a section for BANX under the Partners section?

[roadscape]

Exciting news, wow.. welcome aboard Mark!

Banx Announcement

This piece was good.. real good. Danced gracefully on the edge of over-the-top. :) While being very informative

[Murderistic]

Business partnerships and cryptos working together like this deal is the way to be successful.  Not trying to convince everyone on bitcointalk that all your competitors are scams. :)   That is just a battle that goes nowhere.

While the silly proof of work altcoins and their little communities sit on bitocintalk and try to tell everyone that they are the true successor crypto and everyone else is a scam, our community will simply develop the Bitshares Exchange Network, grow with more coins and companies joining in, and generate actual revenue through trading fees, and grow until we are profitable. 

Then it wont matter anymore if the clowns in the altcoin subforum think Bitshares is a scam because it raised money and actually paid its developers, which is apparently anathema to some of them.  Bitshares will be a profitable DAC operating the Bitshares Exchange Network, making crypto trading secure from hackers for members of any coin community, and allowing companies to raise funds and issue assets on the blockchain.  And all the reasonable people will see that and wake up.

WORD  +5% +5% +5%

[Ander]

Business partnerships and cryptos working together like this deal is the way to be successful.  Not trying to convince everyone on bitcointalk that all your competitors are scams. :)   That is just a battle that goes nowhere.

While the silly proof of work altcoins and their little communities sit on bitocintalk and try to tell everyone that they are the true successor crypto and everyone else is a scam, our community will simply develop the Bitshares Exchange Network, grow with more coins and companies joining in, and generate actual revenue through trading fees, and grow until we are profitable. 

Then it wont matter anymore if the clowns in the altcoin subforum think Bitshares is a scam because it raised money and actually paid its developers, which is apparently anathema to some of them.  Bitshares will be a profitable DAC operating the Bitshares Exchange Network, making crypto trading secure from hackers for members of any coin community, and allowing companies to raise funds and issue assets on the blockchain.  And all the reasonable people will see that and wake up.

[karnal]

is this why BTS price  is tanking ?.... :o

I haven't seen any good news have a direct impact on BTS for a while. If it appears some news has a positive impact on the price, just look at all the other alts going up at the same time, and it'll be enough to convince anybody it's a coincidence.

Seems like those moving the market in either direction don't give a f**k about the news lol

We no longer need to play to the small, fickle, meme-struck crypto "investor" crowd. 
We're gathering real partners with real businesses attracting real customers who will become the real source of our demand.
Then and only then will the current "investors" take notice.
But by then, sadly, they will have missed the first 10x.
People who invest in sound principles, however, won't have that problem.

:)

And please, in light of all this, lets get privacy features in 2.0 !!


I can feel the excitement going up each week. Really think we are headed in the right direction and the work the community & the devs has done to move things in this direction is mind boggling.

+5%

[speedy]

So IIUC BANX issue a UIA on the BTS blockchain and share drop on all existing BANX holders. Im wondering how a big a transaction fee do they pay to do that? Is it proportional to the number of bytes to store all those BANX addresses on the BTS chain?

[Murderistic]

Why are so many of you wearing sneakers  :P

Alpha geek dress code.

More like they saw all of the iguanas in the rocks behind us and thought about keeping their toes...

[Stan]

Why are so many of you wearing sneakers  :P

Alpha geek dress code.