BitShares Forum

Main => Technical Support => Topic started by: Stan on June 23, 2015, 11:22:21 am

Title: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 23, 2015, 11:22:21 am
Banx Capital (http://banxcapital.com/) announced today that it would be joining the BitShares Exchange Network when version 2.0 is released later this summer.

Since the end of 2013, Banx has been launching a portfolio of cryptocurrency businesses including a crypto currency exchange, mining company, trading company, physical coin company and a half dozen other enterprises intended to span the industry.

This is an exciting example of two new megatrends that will change the landscape of the Crypto industry this year:

MEGATREND 1.  Coins Upgrading to Shared Industrial Grade Networks.

BanxShares is the first Top Ten crypto currency on coinmarketcap to recognize it is not stuck with ancient 2014 technology.  Just because it was launched as an isolated stove-pipe blockchain doesn't mean that it is forever locked into the old model where it must cover its own blockchain's maintenance and operating costs and attract its own network effect, exchange listings, and community.  By snapshotting itself as a User Issued Asset (UIA) on the BitShares Exchange network, all those headaches go away.   It will still be an independent top ten coin on the world stage, but beneath the surface it will now be powered by BitShares 2.0. 

Yep.  Why license BitShare's awesome new technology when you can move onto the BitShares network itself for a small one time fee?  BanxShares will instantly gain 1 second transaction times and all the other benefits of industrial grade performance - on the same day as BitShares upgrades itself. 

MEGATREND 2.  Exchanges Upgrading to Shared Industrial Grade Networks.

BANX.io is an innovative exchange that specializes in trading the shares of other startup businesses, including its own shares.  By moving onto the BitShares Exchange Network BANX.io instantly gains access to other members' products and services such as the fiat on/off ramps and globally welcomed Nanocard provided by CCEDK and Bit-X.   Its customers can trade with the combined customers and assets brought to the network by all other member exchanges.   And, thanks to the BitShares referral program, BANX.io still collects its share of the network-wide transaction fees paid by every customer it brings to the table.

“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 are 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.”

Welcome aboard Banx!





Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cgafeng on June 23, 2015, 11:39:18 am
 +5%
glad to see this.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: CLains on June 23, 2015, 11:58:06 am
Awesome news!

Big welcome to Banx  :D
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Frodo on June 23, 2015, 12:27:40 pm
 +5%
Very exciting times ahead of us. Welcome Banx!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Chuckone on June 23, 2015, 12:36:40 pm
Good job Cryptonomex,

Bitshares 2.0 is going to have some tx volume when it rolls out with all those announcements!!

And welcome aboard Banx Capital!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: bubble789 on June 23, 2015, 12:38:24 pm
is this why BTS price  is tanking ?.... :o
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on June 23, 2015, 12:39:45 pm
Banx Capital (http://) announced today that it would be joining the BitShares Exchange Network when version 2.0 is released later this summer.

Since the end of 2013, Banx has been launching a portfolio of cryptocurrency businesses including a crypto currency exchange, mining company, trading company, physical coin company and a half dozen other enterprises intended to span the industry.

This is an exciting example of two new trends that will change the landscape of the Crypto industry this year:

TREND 1.  Coins Upgrading to Shared Industrial Grade Networks.

BanxShares is the first Top Ten crypto currency on coinmarketcap to recognize it is not stuck with ancient 2014 technology.  Just because it was launched as an isolated stove-pipe blockchain doesn't mean that it is forever locked into the old model where it must cover its own blockchain's maintenance and operating costs and attract its own network effect, exchange listings, and community.  By snapshotting itself as a User Issued Asset (UIA) on the BitShares Exchange network, all those headaches go away.   It will still be an independent top ten coin on the world stage, but beneath the surface it will now be powered by BitShares 2.0. 

Yep.  Why license BitShare's awesome new technology when you can move onto the BitShares network itself for a small one time fee?  BanxShares will instantly gain 1 second transaction times and all the other benefits of industrial grade performance - on the same day as BitShares upgrades itself. 

TREND 2.  Exchanges Upgrading to Shared Industrial Grade Networks.

BANX.io is an innovative exchange that specializes in trading the shares of other startup businesses, including its own shares.  By moving onto the BitShares Exchange Network BANX.io instantly gains access to other members' products and services such as the fiat on/off ramps and globally welcomed Nanocard provided by CCEDK and Bit-X.   Its customers can trade with the combined customers and assets brought to the network by all other member exchanges.   And, thanks to the BitShares referral program, BANX.io still collects its share of the network-wide transaction fees paid by every customer it brings to the table.

“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 are 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.”

Welcome aboard Banx!

thanks for sharing . .first link doesn't work ... and should i add it on .org page? just ping me .. .
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Chuckone on June 23, 2015, 12:43:24 pm
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
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on June 23, 2015, 12:48:55 pm
link corrected - and welcome on board Mark Lyford :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Riverhead on June 23, 2015, 12:49:21 pm
Wow. I was just researching Banx. Welcome!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ben Mason on June 23, 2015, 01:06:45 pm
Welcome Banx!  Mind-blowing news is becoming rather commonplace around these parts!!  Long may it continue.  Well done Cryptonomex!  +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: triox on June 23, 2015, 01:07:08 pm
Awesome job! Congrats to both parties!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: xeroc on June 23, 2015, 01:08:20 pm
+5% ... welcome banx ... looking forward to a flawless Integration into bts2
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ben Mason on June 23, 2015, 01:10:16 pm
Just a thought, has anyone approached David Irvine of Maidsafe yet?  It's one hell of a project with closely aligned principals.....
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 23, 2015, 01:21:43 pm
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.

:)




 

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on June 23, 2015, 01:36:56 pm
Just a thought, has anyone approached David Irvine of Maidsafe yet?  It's one hell of a project with closely aligned principals.....

 +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Chuckone on June 23, 2015, 01:44:10 pm
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.


YES! This! There will always be speculators and traders, but when the bulk of the demand comes from actual customers using the services of Bitshares or its partners, then Bitshares will be in a very good position.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: rgcrypto on June 23, 2015, 02:05:58 pm
That is great news! Is there a Press Release about this out there?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Thom on June 23, 2015, 02:11:38 pm
 +5% Sounds good.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 23, 2015, 02:17:17 pm
That is great news! Is there a Press Release about this out there?

Expecting it any minute, GMT.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 02:23:47 pm
Hi folks

I just wanted to say 'Hi' and how pleased I am to be bringing the work we are doing at Banx Capital to the bitshares system.

I am super excited about the Bitshares 2.0 coming out soon and after speaking to Dan, Stan and the rest of the Bitshares team was convinced moving to BTS 2.0 was the right move for Banx.

Moving forward these changes will allow us to fly ahead with our plans as we grow.

I look forward to being part of this community and helping anyway we can

Regards

Mark Lyford
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 23, 2015, 02:39:00 pm
Welcome, [member=37834]MarkLyford[/member] !
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 02:42:13 pm
Welcome, [member=37834]MarkLyford[/member] !

thanks :) pleased to be here
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 03:03:14 pm
moving to BTS 2.0 was the right move for Banx.

Moving forward these changes will allow us to fly ahead with out plans as we grow.

I look forward to being part of this community and helping anyway we can

Regards

Mark Lyford

Just sit back and relax Mr. Lyford, your new blockchain is going to be stronger, faster, and longer lasting than ever before.  You may now concentrate on marketing your product as you draw referral fees in direct proportion to the traffic you bring in.  This will no doubt help your profit margins allowing you to run at what would have been zero profit, you are now at least guaranteed referral reimbursement from the blockchain just for generating blockchain transactions.  In essence, you get a cut of every transaction blockchain fee instead of you having a to pay a cost every time your customer generates a transaction.

Hi Erlich

Yes I'm very aware of the opportunities that this gives us ;)

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Erlich Bachman on June 23, 2015, 03:05:06 pm
Yes, but I don't think that many others are aware.

The more brothers and sisters that take up residence on the BitShares blockchain, the stronger and more secure your business becomes overall.

You sir are savy enough to know a great deal when you see it.  The initial install cost (to be allowed on-board the BitShares blockchain) will only increase over time, as supply of open business slots decreases and voting shareholders become more critical of what business are awarded the honor.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 03:07:44 pm
Yes, but I don't think that many others are aware.

The more brothers and sisters that take up residence on the BitShares blockchain, the stronger and more secure your business becomes overall.

I agree. Am part of our plans are to roll out many other businesses under our Banx platform using the bitshares systems :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 23, 2015, 03:08:15 pm
Yes, but I don't think that many others are aware.

The more brothers and sisters that take up residence on the BitShares blockchain, the stronger and more secure your business becomes overall.

(http://funnyanimalpictures.funnypicturesutopia.com/pics/17/Shhh-Don--t-Tell-Mama-.jpg)

Shhhhh, don't tell anyone, but all the money a coin doesn't spend on its own block signing nodes can be used to grow the coin instead.  Savings can be used...

1.  To develop new products and services
2.  To attract new users
3.  To reward the owners by not increasing the supply for no good reason.

If they find out how easy it is to upgrade a coin to industrial grade performance, everyone will be doing it.

And there goes our unique advantage in the marketplace.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Erlich Bachman on June 23, 2015, 03:15:17 pm
Shhhhh, don't tell anyone, but all the money a coin doesn't spend on its own block signing nodes can be used to grow the coin instead.  Savings can be used...

1.  To develop new products and services
2.  To attract new users
3.  To reward the owners by not increasing the supply for no good reason.

If they find out how easy it is to upgrade a coin to industrial grade performance, everyone will be doing it.

Seriously Stan, I have a concern.

There is no doubt that the community would have voted unanimously to allow Banxshares onto the blockchain, however, don't just go letting any old business on our blockchain until we get voting power.  We need to keep quality high, avoid blockchain bloat, and save some transaction headroom for when the major high volume customers like Goldman Sachs want a ticket to ride on the blockchain that is an order of magnitude more scalable than all the competitors except CobbTracks.

I would hope that the initial set up costs for the GS deal would bring a more hefty signing bonus than whatever we charged Mark.
 
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 23, 2015, 03:20:58 pm
Go ahead and consume all our capacity.

We'll make more.

 :)

(http://i.ebayimg.com/00/s/NzQ2WDYyMQ==/$(KGrHqR,!pYE7Bcvm!0mBPn,NRY3R!~~60_35.JPG)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: oldman on June 23, 2015, 03:28:16 pm
Hi folks

I just wanted to say 'Hi' and how pleased I am to be bringing the work we are doing at Banx Capital to the bitshares system.

I am super excited about the Bitshares 2.0 coming out soon and after speaking to Dan, Stan and the rest of the Bitshares team was convinced moving to BTS 2.0 was the right move for Banx.

Moving forward these changes will allow us to fly ahead with out plans as we grow.

I look forward to being part of this community and helping anyway we can

Regards

Mark Lyford


Welcome - and congratulations on choosing BitShares tech for your migration to a 2.0 platform!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 03:32:42 pm
I thought I would share a video my 15 yrs old son James put together around the office at banx in the UK for any of you interested (and yes I'm going on a diet next week ;) )

>>

>> https://vimeo.com/131121240 (https://vimeo.com/131121240)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 23, 2015, 03:35:15 pm
I thought I would share a video my 15 yrs old son James put together around the office at banx in the UK for any of you interested (and yes I'm going on a diet next week ;) ) >>

>> https://vimeo.com/131121240 (https://vimeo.com/131121240)

whatever dogs you show us, you won't beat our beloved BitShares Puppies https://bitcointalk.org/index.php?topic=940298.0 :D
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Riverhead on June 23, 2015, 03:46:57 pm

Banx moving to BTS podcast announcement:

https://vimeo.com/131552523 (https://vimeo.com/131552523)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 04:12:16 pm

Banx moving to BTS podcast announcement:

https://vimeo.com/131552523 (https://vimeo.com/131552523)

You beat me to it! I have'nt put the blog post together yet or had the press release out! :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Method-X on June 23, 2015, 04:15:48 pm

Banx moving to BTS podcast announcement:

https://vimeo.com/131552523 (https://vimeo.com/131552523)

You beat me to it! I have'nt put the blog post together yet or had the press release out! :)

Hey Mark, welcome to the BTS platform. Would you be able to make a post in General Discussion briefly explaining what BanxShares is?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 04:19:21 pm

Banx moving to BTS podcast announcement:

https://vimeo.com/131552523 (https://vimeo.com/131552523)

You beat me to it! I have'nt put the blog post together yet or had the press release out! :)

Hey Mark, welcome to the BTS platform. Would you be able to make a post in General Discussion briefly explaining what BanxShares is?

Yes will do , let me prepare something , I'll get it out asap :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 04:20:35 pm
If anyone would like to speak to me direct in the meantime please feel free to email me at mark at banxcapital.com, add me on twitter at @marklyford, FB at http://facebook.com/markylyford or add me on skype ID mjlyford

thanks

Mark
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: mike623317 on June 23, 2015, 04:25:27 pm

"..And the crowd goes wild!"

This is great news. Really really great stuff and a validation of which the Devs have been working on.  +5% +5%
Looking forward to reading the press release.
Fuzzy - Please can we setup a mumble with BANX?

Welcome to the party BANX Capital.

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 23, 2015, 04:57:30 pm
That is great news! Is there a Press Release about this out there?

Expecting it any minute, GMT.


Banx Announcement (http://www.digitaljournal.com/pr/2593119)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ander on June 23, 2015, 05:00:49 pm
is this why BTS price  is tanking ?.... :o

No, the price dropped last night (before this announcement), because the btc38 whale who buys or sells BTS and Doge together went and sold both BTS and Doge.  (You can see the strong similarity between the doge and bts charts over the past two months, they have big moves up or down on the same days).
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ander on June 23, 2015, 05:05:31 pm
Welcome Banx! 

This is great news.  I guess this is the 'major altcoin' that it was mentioned would be joining Bitshares soon.


It looks like this gives Banx better TPS and block speed, and better security trading on a decentralized exchange, and gives Bitshares more users and generates some user fees that can be used to help offset dilution. 
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 05:31:21 pm
Banx Update - Banx Capital Joins the BitShares Exchange Network >>
http://banxcapital.com/banx-update-banx-capital-joins-the-bitshares-exchange-network/ (http://banxcapital.com/banx-update-banx-capital-joins-the-bitshares-exchange-network/)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: mike623317 on June 23, 2015, 05:35:00 pm
That is great news! Is there a Press Release about this out there?
Banx Announcement (http://www.digitaljournal.com/pr/2593119)

We expect a lot of smaller exchanges to use this as a way to become big exchanges in the coming year.”  Leaning back in his chair he grinned again, “Like I said, I’d rather be riding the tsunami than sitting on the beach.”

Way to go Mr Lyford  +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: ag on June 23, 2015, 05:44:44 pm
banx is a ponzi scheme. the 'banx share' token use to be on blockchain. It was great when it was only traded on the Banx Capital central exchange, because they manipulated the trading, and made it seem like it only goes up in value. But since its an altcoin on a blockchain, another exchange finally hosted it, and the prices diverged. So banx shares was then migrated off the blockchain to Banx Capitals private accounting book. Now no one is allowed to sell the banx shares they own, only to buy from on the central exchange. In the period it went to 10 million market cap. wow!

Why do people want to buy 'banx shares' which they cannot sell? It pays dividends, if you get on a mailing list. and Banx Capital claim banx share owners are part of an IPO, and that eventually you can sell your banx shares.

There is no actual profit in the company. dividends, to those who are paid, is paid from funds of share purchasers. And a PR operation is funded as well.

Banx Capital says they are going to use bitshares technology... to convince people to buy more banx shares lol. that's all. they have no real business.

Yes a few months ago they finally set up a working crypto currency exchange. it has no volume I don't think? Banx Capital has no expertise and just enough skill to con people over on bitsharestalk.org
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Permie on June 23, 2015, 05:48:37 pm
Yes, but I don't think that many others are aware.

The more brothers and sisters that take up residence on the BitShares blockchain, the stronger and more secure your business becomes overall.

You sir are savy enough to know a great deal when you see it.  The initial install cost (to be allowed on-board the BitShares blockchain) will only increase over time, as supply of open business slots decreases and voting shareholders become more critical of what business are awarded the honor.
Why would the shareholders want to stifle innovation and stop new fee-paying businesses from joining?
Sounds a bit too centralbanky for my liking.

The effect would be exactly the same as if existing bts businesses grew by an amount equal to the value of this new business.

Wouldn't the profit seeking shareholders do better to invest some of their hefty profits in R&D to increase the maximum capacity of the blockchain?
If the shareholders were to even entertain the idea of preventing new businesses joining the blockchain, then it must be almost at max capacity of 100k transactions.
At an average of $0.05 per transaction in fees, that would be $5000 in fees paid every second.
That's $157B a year in fees.
I'm sure with that kind of capital the transaction limit and blockchain capacity could be increased and witnesses compensated for whatever expense necessary to continue to increase the volume of transactions possible.

There's no such thing as blockchain bloat!
If a fee was paid, a fair transaction has occurred. Remember that the fees are set by the shareholders. If the fee is too low to cover the cost of storage in the blockchain, then its up to shareholders and delegates to raise it.
BitShares is about freedom and arbitrary limits are counter to that.

Welcome Mark!
Thanks for being the guinea pig case study that shows everybody else what's possible with BitShares!

We've got CCEDK showcasing BitShares the orderbook and Banx Capital showcasing BitShares the asset manager.
Who's next?? (Proud of that pun ;) )
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Murderistic on June 23, 2015, 05:51:30 pm
banx is a ponzi scheme. the 'banx share' token use to be on blockchain. It was great when it was only traded on the Banx Capital central exchange, because they manipulated the trading, and made it seem like it only goes up in value. But since its an altcoin on a blockchain, another exchange finally hosted it, and the prices diverged. So banx shares was then migrated off the blockchain to Banx Capitals private accounting book. Now no one is allowed to sell the banx shares they own, only to buy from on the central exchange. In the period it went to 10 million market cap. wow!

Why do people want to buy 'banx shares' which they cannot sell? It pays dividends, if you get on a mailing list. and Banx Capital claim banx share owners are part of an IPO, and that eventually you can sell your banx shares.

There is no actual profit in the company. dividends, to those who are paid, is paid from funds of share purchasers. And a PR operation is funded as well.

Banx Capital says they are going to use bitshares technology... to convince people to buy more banx shares lol. that's all. they have no real business.

Yes a few months ago they finally set up a working crypto currency exchange. it has no volume I don't think? Banx Capital has no expertise and just enough skill to con people over on bitsharestalk.org

You have no idea what you are talking about right now.  Not attacking you, just saying you are misinformed on multiple levels.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Chuckone on June 23, 2015, 05:51:41 pm
banx is a ponzi scheme. the 'banx share' token use to be on blockchain. It was great when it was only traded on the Banx Capital central exchange, because they manipulated the trading, and made it seem like it only goes up in value. But since its an altcoin on a blockchain, another exchange finally hosted it, and the prices diverged. So banx shares was then migrated off the blockchain to Banx Capitals private accounting book. Now no one is allowed to sell the banx shares they own, only to buy from on the central exchange. In the period it went to 10 million market cap. wow!

Why do people want to buy 'banx shares' which they cannot sell? It pays dividends, if you get on a mailing list. and Banx Capital claim banx share owners are part of an IPO, and that eventually you can sell your banx shares.

There is no actual profit in the company. dividends, to those who are paid, is paid from funds of share purchasers. And a PR operation is funded as well.

Banx Capital says they are going to use bitshares technology... to convince people to buy more banx shares lol. that's all. they have no real business.

Yes a few months ago they finally set up a working crypto currency exchange. it has no volume I don't think? Banx Capital has no expertise and just enough skill to con people over on bitsharestalk.org

I don't mind people having critical thinking and asking tough but necessary questions, but do you have any fact to back your claim that "banx is a ponzi scheme"? If you do, please don't hesitate to expose those facts so that everybody can make their own mind. Otherwise, I'm sorry to tell you that you won't be taken seriously around here.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: davidpbrown on June 23, 2015, 06:03:24 pm
Just a thought, has anyone approached David Irvine of Maidsafe yet?  It's one hell of a project with closely aligned principals.....

To what end?.. the MAID==Safecoin, will be reissued on SAFE once the network goes beta - likely in the next few months. I don't know what BitShares will be offering Maidsafe.. though BitShares opting to move onto SAFE would be an interesting step, that would make more sense later on once the network is established. Any support within DEX or other exchanges for buying Safecoin would be very useful.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 06:25:41 pm
banx is a ponzi scheme. the 'banx share' token use to be on blockchain. It was great when it was only traded on the Banx Capital central exchange, because they manipulated the trading, and made it seem like it only goes up in value. But since its an altcoin on a blockchain, another exchange finally hosted it, and the prices diverged. So banx shares was then migrated off the blockchain to Banx Capitals private accounting book. Now no one is allowed to sell the banx shares they own, only to buy from on the central exchange. In the period it went to 10 million market cap. wow!

Why do people want to buy 'banx shares' which they cannot sell? It pays dividends, if you get on a mailing list. and Banx Capital claim banx share owners are part of an IPO, and that eventually you can sell your banx shares.

There is no actual profit in the company. dividends, to those who are paid, is paid from funds of share purchasers. And a PR operation is funded as well.

Banx Capital says they are going to use bitshares technology... to convince people to buy more banx shares lol. that's all. they have no real business.

Yes a few months ago they finally set up a working crypto currency exchange. it has no volume I don't think? Banx Capital has no expertise and just enough skill to con people over on bitsharestalk.org

I am sorry you feel that way, but you are wrong in many ways. If you care to see we have a wallet on github anyway can use and we have a block chain at http://block.banxcapital.com

We were having scam artists as a result of listing on the exchange you mention, hence the reason we changed our procedures.

If you have any REAL issues you would like to address with me or a current Banx Shares holder receiving profits each month feel free to contact me direct and i will be only too happy to speak to you.

Regards
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 06:28:05 pm
Yes, but I don't think that many others are aware.

The more brothers and sisters that take up residence on the BitShares blockchain, the stronger and more secure your business becomes overall.

You sir are savy enough to know a great deal when you see it.  The initial install cost (to be allowed on-board the BitShares blockchain) will only increase over time, as supply of open business slots decreases and voting shareholders become more critical of what business are awarded the honor.
Why would the shareholders want to stifle innovation and stop new fee-paying businesses from joining?
Sounds a bit too centralbanky for my liking.

The effect would be exactly the same as if existing bts businesses grew by an amount equal to the value of this new business.

Wouldn't the profit seeking shareholders do better to invest some of their hefty profits in R&D to increase the maximum capacity of the blockchain?
If the shareholders were to even entertain the idea of preventing new businesses joining the blockchain, then it must be almost at max capacity of 100k transactions.
At an average of $0.05 per transaction in fees, that would be $5000 in fees paid every second.
That's $157B a year in fees.
I'm sure with that kind of capital the transaction limit and blockchain capacity could be increased and witnesses compensated for whatever expense necessary to continue to increase the volume of transactions possible.

There's no such thing as blockchain bloat!
If a fee was paid, a fair transaction has occurred. Remember that the fees are set by the shareholders. If the fee is too low to cover the cost of storage in the blockchain, then its up to shareholders and delegates to raise it.
BitShares is about freedom and arbitrary limits are counter to that.

Welcome Mark!
Thanks for being the guinea pig case study that shows everybody else what's possible with BitShares!

We've got CCEDK showcasing BitShares the orderbook and Banx Capital showcasing BitShares the asset manager.
Who's next?? (Proud of that pun ;) )

Thanks Permie :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 23, 2015, 06:29:35 pm
in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Akado on June 23, 2015, 06:39:11 pm
Was this the annoucement we were expecting about one of the top cryptos joining BitShares? Or is there more to expect? I kind of have a weird feeling about Banx, it's just that, a feeling but it seems weird,

If I remember correctly, I saw some kind of statement about high monthly dividends, 5 or 10% in the future? Can't remember where and specifically when it would provide that. Someone who knows Banx better cares to freshen my memory?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 23, 2015, 06:39:47 pm
Another blossoming from the St. Martin Mastermind networking retreat we told you about a year ago.
How many BitShares personalities can you find in this picture?

(http://i.gyazo.com/5706dedf0230db2027a5b2b18f6fd8a2.png)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Murderistic on June 23, 2015, 06:43:49 pm
Another blossoming from the St. Martin Mastermind networking retreat we told you about a year ago.
How many BitShares personalities can you find in this picture?

(http://i.gyazo.com/5706dedf0230db2027a5b2b18f6fd8a2.png)

HA, great picture Stan, I didn't know you had that one.

Yes, I can say that this has been a work in progress for a long time, and am glad to see if come full circle.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: sschechter on June 23, 2015, 06:43:54 pm
Another blossoming from the St. Martin Mastermind networking retreat we told you about a year ago.
How many BitShares personalities can you find in this picture?

(http://i.gyazo.com/5706dedf0230db2027a5b2b18f6fd8a2.png)

 +5% Brian Page
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Murderistic on June 23, 2015, 06:47:32 pm
Was this the annoucement we were expecting about one of the top cryptos joining BitShares? Or is there more to expect? I kind of have a weird feeling about Banx, it's just that, a feeling but it seems weird,

If I remember correctly, I saw some kind of statement about high monthly dividends, 5 or 10% in the future? Can't remember where and specifically when it would provide that. Someone who knows Banx better cares to freshen my memory?

I have never seen ANYONE say 5-10%.  I can say that a few months ago the rolling 6 month average was 2.1% profit share, but I am not sure what the rate is ATM.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: mike623317 on June 23, 2015, 06:48:39 pm
Another blossoming from the St. Martin Mastermind networking retreat we told you about a year ago.
How many BitShares personalities can you find in this picture?


(http://i.gyazo.com/5706dedf0230db2027a5b2b18f6fd8a2.png)

Who's the older guy in the blue shirt? And why is Daniel hiding in the background
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: sschechter on June 23, 2015, 06:50:14 pm
Why are so many of you wearing sneakers  :P
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Akado on June 23, 2015, 06:50:21 pm
Was this the annoucement we were expecting about one of the top cryptos joining BitShares? Or is there more to expect? I kind of have a weird feeling about Banx, it's just that, a feeling but it seems weird,

If I remember correctly, I saw some kind of statement about high monthly dividends, 5 or 10% in the future? Can't remember where and specifically when it would provide that. Someone who knows Banx better cares to freshen my memory?

I have never seen ANYONE say 5-10%.  I can say that a few months ago the rolling 6 month average was 2.1% profit share, but I am not sure what the rate is ATM.

Yeah, i knew about the 2% a few months, I was talking about people who were mentioning it in a few years, but I guess it was just that, speculation?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ander on June 23, 2015, 06:55:02 pm
I guess its just a thing in crypto to see EVERY single project accused of being a scam.
We could probably find threads on bitcointalk accusing every single top 20 coin of being a scam. 
Those people say Bitshares is a scam for a million different reasons.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: mike623317 on June 23, 2015, 06:59:13 pm
I guess its just a thing in crypto to see EVERY single project accused of being a scam.
We could probably find threads on bitcointalk accusing every single top 20 coin of being a scam. 
Those people say Bitshares is a scam for a million different reasons.
Communist!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Chuckone on June 23, 2015, 07:06:23 pm
I guess its just a thing in crypto to see EVERY single project accused of being a scam.
We could probably find threads on bitcointalk accusing every single top 20 coin of being a scam. 
Those people say Bitshares is a scam for a million different reasons.
Communist!

Haha! you sound like DecentralizedEconomics on BTT :P
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Murderistic on June 23, 2015, 08:02:24 pm
I guess its just a thing in crypto to see EVERY single project accused of being a scam.
We could probably find threads on bitcointalk accusing every single top 20 coin of being a scam. 
Those people say Bitshares is a scam for a million different reasons.
Communist!

Haha! you sound like DecentralizedEconomics on BTT :P

 +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 23, 2015, 08:07:00 pm
Why are so many of you wearing sneakers  :P

Alpha geek dress code.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Murderistic on June 23, 2015, 08:09:49 pm
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...
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: speedy on June 23, 2015, 09:07:30 pm
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?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: karnal on June 23, 2015, 09:14:16 pm
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%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ander on June 23, 2015, 09:20:00 pm
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.

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Murderistic on June 23, 2015, 09:33:04 pm
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%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: roadscape on June 23, 2015, 09:39:44 pm
Exciting news, wow.. welcome aboard Mark!

Banx Announcement (http://www.digitaljournal.com/pr/2593119)

This piece was good.. real good. Danced gracefully on the edge of over-the-top. :) While being very informative
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Akado on June 23, 2015, 10:08:37 pm
Should we add a section for BANX under the Partners section?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: ag on June 23, 2015, 10:12:56 pm
BanxCapital claims BanxMint made over 400 btc in profit. Approximately $100,000.
(http://i.imgur.com/WxJFxnq.png)

How did it make $100,000 this year? By selling physical bitcoins at 100 to 200 dollars markup. Really? I don't believe that.
(http://i.imgur.com/30W2i6G.png) (http://imgur.com/30W2i6G)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 11:22:59 pm
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 :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 11:24:54 pm
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.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 23, 2015, 11:26:07 pm
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.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Akado on June 23, 2015, 11:37:10 pm
http://finance.yahoo.com/news/banx-capital-joins-bitshares-exchange-162900334.html
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Pheonike on June 24, 2015, 12:10:48 am

Just noticed the link in article for decentralized exchange points to banx.io instead of bitshares.org
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: donkeypong on June 24, 2015, 01:40:03 am
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.
-----
“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.”
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: sumantso on June 24, 2015, 03:35:23 am
I have no idea what BANX is, except I kept seeing that it was hanging around towards the top end in CMC. Similar to the the concern I raised in BIT-X a few days back, I hope BM and co have looked through it and saw it to be legit.

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

Exactly what most of the ponzis say. Do you have pictures of your mining operations, and can you sign the blocks you've generated? I hope the answer is not 'our investors want to keep it private for now'.

I wonder if BM and co is vetting anything at all.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 24, 2015, 04:41:17 am
bump

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Tuck Fheman on June 24, 2015, 04:45:23 am
in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?

 +5% +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: jakub on June 24, 2015, 06:36:32 am
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.
Hi Mark,
I've done some research about Banx Capital and I must say it really looks impressive how much you've achieved in just one year.
However I have some genuine concerns which I hope you'll be able to address in the interviews you mention above.

1. How do you manage to pay monthly dividends if all of your 11 business divisions have come into existence so recently? Are they already profitable? Being a one-year-old startup and already having three offices around the world, for sure you must have relatively huge operational costs. Also, I don't see any financial officer on your team  (http://banxcapital.com/the-team/) - how do you manage to keep track of all the cash-flows your businesses generate?

2. As the Banx shares are sold privately to individually selected people - how would you explain pretty high daily trading volume on these shares as reported on CMC (http://coinmarketcap.com/currencies/banxshares/)? What is the rough estimate of the number of shareholders that you have?

[EDIT]: From the discussion on bitcointalk (https://bitcointalk.org/index.php?topic=1091855.0)  I can see that BANX trading volume on CMC is currently being investigated for a potential error (http://cdn.banx.io/bioersl/open/Error_Report_1618151_177_C21_0_2.pdf). But still, if the shares are privately distributed I would not expect to see much trading at all (especially when your existing shareholders should be quite happy with the price appreciation and dividends received - why would they sell on a daily basis?).

And I have another question:
In April this year you announced (https://www.youtube.com/watch?v=U1eQfEaAD1w&feature=youtu.be&t=361) plans to create a new blockchain for Banx.
I guess your plans might have changed since you decided to join the BTS 2.0 platform but still I wonder how these plans for a new blockchain were related to your existing blockchain (http://block.banxcapital.com/). In other words, why did you plan to have a new blockchain if you already had one?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: xeroc on June 24, 2015, 10:26:10 am
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%
agreed .. also add the clowns of r/bitcoin .. dont waste your time there
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on June 24, 2015, 10:37:25 am
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%
agreed .. also add the clowns of r/bitcoin .. dont waste your time there

 +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 24, 2015, 01:33:53 pm
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.
Hi Mark,
I've done some research about Banx Capital and I must say it really looks impressive how much you've achieved in just one year.
However I have some genuine concerns which I hope you'll be able to address in the interviews you mention above.

1. How do you manage to pay monthly dividends if all of your 11 business divisions have come into existence so recently? Are they already profitable? Being a one-year-old startup and already having three offices around the world, for sure you must have relatively huge operational costs. Also, I don't see any financial officer on your team  (http://banxcapital.com/the-team/) - how do you manage to keep track of all the cash-flows your businesses generate?

2. As the Banx shares are sold privately to individually selected people - how would you explain pretty high daily trading volume on these shares as reported on CMC (http://coinmarketcap.com/currencies/banxshares/)? What is the rough estimate of the number of shareholders that you have?

[EDIT]: From the discussion on bitcointalk (https://bitcointalk.org/index.php?topic=1091855.0)  I can see that BANX trading volume on CMC is currently being investigated for a potential error (http://cdn.banx.io/bioersl/open/Error_Report_1618151_177_C21_0_2.pdf). But still, if the shares are privately distributed I would not expect to see much trading at all (especially when your existing shareholders should be quite happy with the price appreciation and dividends received - why would they sell on a daily basis?).

And I have another question:
In April this year you announced (https://www.youtube.com/watch?v=U1eQfEaAD1w&feature=youtu.be&t=361) plans to create a new blockchain for Banx.
I guess your plans might have changed since you decided to join the BTS 2.0 platform but still I wonder how these plans for a new blockchain were related to your existing blockchain (http://block.banxcapital.com/). In other words, why did you plan to have a new blockchain if you already had one?

Hi

Thanks for the post.

We pay monthly profits from the businesses running at present, Not all the businesses are currently operational until we are fully funded. (I will go through these in the video and presentations I am doing shortly)

Profits are being paid on earned income from the current activities. Many of the expenses of running the businesses are being covered by my other companies. I am personally invested in the business for well over £100,000 which as I have publicly stated previously will not be taken back until we are fully funded and all Banx shares sold.

Our operational costs are not as much as you may think. We have a full time staff in our UK office and some who work remotely around the world. The other offices in Panama and Hong Kong are virtual offices so costs are next to nothing monthly to run them .

Re financial officer - my PA Zo and business manager Simon run all the financials with our UK based accountants. Once all businesses are operational and we have fully sold Banx shares we will be appointing a full time financial officer (again its an overhead thing and the current team can deal with things at the moment)

Re the ownership question - In order to have profits paid out the Banx shares have to be in our banx.io exchange by the 28th of each month to have payments made on the 30th of each month. Moving forward, at the moment this system will still be in place once we move to Bitshares 2.0. There is an error in the API reporting which our head of tech ByronP is dealing with. The API reports shares sold to private investors and that figure is shown on CMC as the public available amount. once all shares are sold this figure will be the total amount of shares held by the public, not including shares the company hold.  (20% of shares)

All the shares being publicly traded are by people who hold Banx who are not part of our private investors pool and don’t have a lock in period on the shares. When we started we did deals with dev and others to get use going and payments were made in Banx shares. Also for a very short period of time there was the ability to mine Banx Shares, hence people still own and trade them. (As documented in our main BCT thread we stopped mining quickly after as there were major issues with people not doing the right thing)

Re the blockchain question - Yes we did change the blockchain to a PoS system as a result of peoples actions related to the mining mentioned above. As a result all shares had to be sent back into the exchange to be replaced. (We honoured people who did not hit the deadline for shares to be back in on a one on basis for months after)

I hope this answers your questions and please feel free to add me on social media or skype ID mjlyford if you would like to find out more about our plans and my vision for Banx.

Regards

Mark Lyford
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 24, 2015, 01:35:08 pm
I have no idea what BANX is, except I kept seeing that it was hanging around towards the top end in CMC. Similar to the the concern I raised in BIT-X a few days back, I hope BM and co have looked through it and saw it to be legit.

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

Exactly what most of the ponzis say. Do you have pictures of your mining operations, and can you sign the blocks you've generated? I hope the answer is not 'our investors want to keep it private for now'.

I wonder if BM and co is vetting anything at all.

Hi

Please wait to see the material I am putting out on here in the coming days to full show everyone everything about me, and Banx

Regards

Mark
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: sumantso on June 24, 2015, 01:38:36 pm
I have no idea what BANX is, except I kept seeing that it was hanging around towards the top end in CMC. Similar to the the concern I raised in BIT-X a few days back, I hope BM and co have looked through it and saw it to be legit.

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

Exactly what most of the ponzis say. Do you have pictures of your mining operations, and can you sign the blocks you've generated? I hope the answer is not 'our investors want to keep it private for now'.

I wonder if BM and co is vetting anything at all.

Hi

Please wait to see the material I am putting out on here in the coming days to full show everyone everything about me, and Banx

Regards

Mark

Sounds good. Proof of your mining operation would be enough for me.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 24, 2015, 02:20:50 pm
I wonder if BM and co is vetting anything at all.

1.  We met Mark a year ago at a Mastermind Networking Retreat in St. Martin.  He impressed us.
2.  We trust and respect the people who set up that meeting.
3.  Mark continues to be recommended by those and other people we trust.
4.  We have had good interactions and discussions with Mark - comparable to those we have had with equally trusted forum heroes.
5.  We genuinely like Mark.
6.  We are aware that there is lots of favorable and unfavorable web content out there - about us as well.
7.  So the existence of both kinds of content is not in itself a reliable indicator of anything.
8.  We have not hired a private investigator, government agency, or proctologist to do a background or backend investigation.

This is a decentralized, libertarian community open to anyone without needing our permission or blessing.
If this is going to work, this community needs to deal with newcomers in a way that allows them to bring and establish a reputation on its own merits.
Without alienating and offending them before they get a chance to do so.
And anyone who has worked in this troll-infested industry for very long is going to have lots of different opinions out there to be vetted.
Anyone who has ever tried for 100% customer satisfaction with a start up business knows how hard that is to achieve.

So feel free to ask about those issues, hear the explanations, and make up your own minds.

We have not, can not, should not and will not get involved in sorting that out for you.






Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: jakub on June 24, 2015, 02:43:24 pm
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.
Hi Mark,
I've done some research about Banx Capital and I must say it really looks impressive how much you've achieved in just one year.
However I have some genuine concerns which I hope you'll be able to address in the interviews you mention above.

1. How do you manage to pay monthly dividends if all of your 11 business divisions have come into existence so recently? Are they already profitable? Being a one-year-old startup and already having three offices around the world, for sure you must have relatively huge operational costs. Also, I don't see any financial officer on your team  (http://banxcapital.com/the-team/) - how do you manage to keep track of all the cash-flows your businesses generate?

2. As the Banx shares are sold privately to individually selected people - how would you explain pretty high daily trading volume on these shares as reported on CMC (http://coinmarketcap.com/currencies/banxshares/)? What is the rough estimate of the number of shareholders that you have?

[EDIT]: From the discussion on bitcointalk (https://bitcointalk.org/index.php?topic=1091855.0)  I can see that BANX trading volume on CMC is currently being investigated for a potential error (http://cdn.banx.io/bioersl/open/Error_Report_1618151_177_C21_0_2.pdf). But still, if the shares are privately distributed I would not expect to see much trading at all (especially when your existing shareholders should be quite happy with the price appreciation and dividends received - why would they sell on a daily basis?).

And I have another question:
In April this year you announced (https://www.youtube.com/watch?v=U1eQfEaAD1w&feature=youtu.be&t=361) plans to create a new blockchain for Banx.
I guess your plans might have changed since you decided to join the BTS 2.0 platform but still I wonder how these plans for a new blockchain were related to your existing blockchain (http://block.banxcapital.com/). In other words, why did you plan to have a new blockchain if you already had one?

Hi

Thanks for the post.

We pay monthly profits from the businesses running at present, Not all the businesses are currently operational until we are fully funded. (I will go through these in the video and presentations I am doing shortly)

Profits are being paid on earned income from the current activities. Many of the expenses of running the businesses are being covered by my other companies. I am personally invested in the business for well over £100,000 which as I have publicly stated previously will not be taken back until we are fully funded and all Banx shares sold.

Our operational costs are not as much as you may think. We have a full time staff in our UK office and some who work remotely around the world. The other offices in Panama and Hong Kong are virtual offices so costs are next to nothing monthly to run them .

Re financial officer - my PA Zo and business manager Simon run all the financials with our UK based accountants. Once all businesses are operational and we have fully sold Banx shares we will be appointing a full time financial officer (again its an overhead thing and the current team can deal with things at the moment)

Re the ownership question - In order to have profits paid out the Banx shares have to be in our banx.io exchange by the 28th of each month to have payments made on the 30th of each month. Moving forward, at the moment this system will still be in place once we move to Bitshares 2.0. There is an error in the API reporting which our head of tech ByronP is dealing with. The API reports shares sold to private investors and that figure is shown on CMC as the public available amount. once all shares are sold this figure will be the total amount of shares held by the public, not including shares the company hold.  (20% of shares)

All the shares being publicly traded are by people who hold Banx who are not part of our private investors pool and don’t have a lock in period on the shares. When we started we did deals with dev and others to get use going and payments were made in Banx shares. Also for a very short period of time there was the ability to mine Banx Shares, hence people still own and trade them. (As documented in our main BCT thread we stopped mining quickly after as there were major issues with people not doing the right thing)

Re the blockchain question - Yes we did change the blockchain to a PoS system as a result of peoples actions related to the mining mentioned above. As a result all shares had to be sent back into the exchange to be replaced. (We honoured people who did not hit the deadline for shares to be back in on a one on basis for months after)

I hope this answers your questions and please feel free to add me on social media or skype ID mjlyford if you would like to find out more about our plans and my vision for Banx.

Regards

Mark Lyford

I appreciate your answers, Mark. They make sense.
If you've switched to PoS you might want to ask cointelegraph to update their data here (http://cointelegraph.com/tags/banxshares).
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 24, 2015, 03:15:02 pm
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.
Hi Mark,
I've done some research about Banx Capital and I must say it really looks impressive how much you've achieved in just one year.
However I have some genuine concerns which I hope you'll be able to address in the interviews you mention above.

1. How do you manage to pay monthly dividends if all of your 11 business divisions have come into existence so recently? Are they already profitable? Being a one-year-old startup and already having three offices around the world, for sure you must have relatively huge operational costs. Also, I don't see any financial officer on your team  (http://banxcapital.com/the-team/) - how do you manage to keep track of all the cash-flows your businesses generate?

2. As the Banx shares are sold privately to individually selected people - how would you explain pretty high daily trading volume on these shares as reported on CMC (http://coinmarketcap.com/currencies/banxshares/)? What is the rough estimate of the number of shareholders that you have?

[EDIT]: From the discussion on bitcointalk (https://bitcointalk.org/index.php?topic=1091855.0)  I can see that BANX trading volume on CMC is currently being investigated for a potential error (http://cdn.banx.io/bioersl/open/Error_Report_1618151_177_C21_0_2.pdf). But still, if the shares are privately distributed I would not expect to see much trading at all (especially when your existing shareholders should be quite happy with the price appreciation and dividends received - why would they sell on a daily basis?).

And I have another question:
In April this year you announced (https://www.youtube.com/watch?v=U1eQfEaAD1w&feature=youtu.be&t=361) plans to create a new blockchain for Banx.
I guess your plans might have changed since you decided to join the BTS 2.0 platform but still I wonder how these plans for a new blockchain were related to your existing blockchain (http://block.banxcapital.com/). In other words, why did you plan to have a new blockchain if you already had one?

Hi

Thanks for the post.

We pay monthly profits from the businesses running at present, Not all the businesses are currently operational until we are fully funded. (I will go through these in the video and presentations I am doing shortly)

Profits are being paid on earned income from the current activities. Many of the expenses of running the businesses are being covered by my other companies. I am personally invested in the business for well over £100,000 which as I have publicly stated previously will not be taken back until we are fully funded and all Banx shares sold.

Our operational costs are not as much as you may think. We have a full time staff in our UK office and some who work remotely around the world. The other offices in Panama and Hong Kong are virtual offices so costs are next to nothing monthly to run them .

Re financial officer - my PA Zo and business manager Simon run all the financials with our UK based accountants. Once all businesses are operational and we have fully sold Banx shares we will be appointing a full time financial officer (again its an overhead thing and the current team can deal with things at the moment)

Re the ownership question - In order to have profits paid out the Banx shares have to be in our banx.io exchange by the 28th of each month to have payments made on the 30th of each month. Moving forward, at the moment this system will still be in place once we move to Bitshares 2.0. There is an error in the API reporting which our head of tech ByronP is dealing with. The API reports shares sold to private investors and that figure is shown on CMC as the public available amount. once all shares are sold this figure will be the total amount of shares held by the public, not including shares the company hold.  (20% of shares)

All the shares being publicly traded are by people who hold Banx who are not part of our private investors pool and don’t have a lock in period on the shares. When we started we did deals with dev and others to get use going and payments were made in Banx shares. Also for a very short period of time there was the ability to mine Banx Shares, hence people still own and trade them. (As documented in our main BCT thread we stopped mining quickly after as there were major issues with people not doing the right thing)

Re the blockchain question - Yes we did change the blockchain to a PoS system as a result of peoples actions related to the mining mentioned above. As a result all shares had to be sent back into the exchange to be replaced. (We honoured people who did not hit the deadline for shares to be back in on a one on basis for months after)

I hope this answers your questions and please feel free to add me on social media or skype ID mjlyford if you would like to find out more about our plans and my vision for Banx.

Regards

Mark Lyford

I appreciate your answers, Mark. They make sense.
If you've switched to PoS you might want to ask cointelegraph to update their data here (http://cointelegraph.com/tags/banxshares).

I would but Ill wait until we switch the Bitshares  then do it ;)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 24, 2015, 03:34:05 pm
I wonder if BM and co is vetting anything at all.

1.  We met Mark a year ago at a Mastermind Networking Retreat in St. Martin.  He impressed us.
2.  We trust and respect the people who set up that meeting.
3.  Mark continues to be recommended by those and other people we trust.
4.  We have had good interactions and discussions with Mark - comparable to those we have had with equally trusted forum heroes.
5.  We genuinely like Mark.
6.  We are aware that there is lots of favorable and unfavorable web content out there - about us as well.
7.  So the existence of both kinds of content is not in itself a reliable indicator of anything.
8.  We have not hired a private investigator, government agency, or proctologist to do a background or backend investigation.

This is a decentralized, libertarian community open to anyone without needing our permission or blessing.
If this is going to work, this community needs to deal with newcomers in a way that allows them to bring and establish a reputation on its own merits.
Without alienating and offending them before they get a chance to do so.
And anyone who has worked in this troll-infested industry for very long is going to have lots of different opinions out there to be vetted.
Anyone who has ever tried for 100% customer satisfaction with a start up business knows how hard that is to achieve.
So feel free to ask about those issues, hear the explanations, and make up your own minds.

We have not, can not, should not and will not get involved in sorting that out for you.

Thanks for the input Stan. It's no secret that initially I didn't get the Bitshares thing right off the bat when Stan, Dan and I first met. We have some amicable differences. But things move on and what they are doing now makes sense to me and my team.

There is also no secret to me or my life. You only have to google my name to see it all. Some of it is inaccurate, but everything generated by us is. Good and bad. I have always prided myself on being being open and honest about me, my past and my endeavours. I'm aware this may put certain people off working with me, but those people put off by it are not people I am interested in forging relationships with.

Despite my past and what ever moral judgements people may have on it what I am is a guy that works all the hours he can to make his vision and goals come to life. That is the main reason investors have backed me to date and my team work so hard.

And you are right Stan this industry is troll infested and it needs to change to grow up. My personal approach (or at least the approach I try and stick to as much as possible) is to ignore the out and out flamers and trolls, address anyone who is reasonable and concentrate on the business building at hand.

As I have said before I am an open book and am willing to speak to anyone, anyone can add me on skype ID: mjlyford and schedule a call with my PA Zoe - zoe at lyfordoffice.com .

And last of all for those of interested in reading more about me you will get a warts and all account of my life to date (well up until two years ago , its being revised laster this year to reflect all the things I have been doing since May 2013) you can read my book (for free) by downloading it http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf (http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf) . Like I say it's warts and all and some of the scenarios and decisions I made in my life I regret, but its real and honest (maybe a little too honest in some areas).

What I can promise you if you do take the time to read the book you will get a full and real understanding of me, my life and my passion.

All the best

Mark

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Murderistic on June 24, 2015, 05:31:58 pm
I wonder if BM and co is vetting anything at all.

1.  We met Mark a year ago at a Mastermind Networking Retreat in St. Martin.  He impressed us.
2.  We trust and respect the people who set up that meeting.
3.  Mark continues to be recommended by those and other people we trust.
4.  We have had good interactions and discussions with Mark - comparable to those we have had with equally trusted forum heroes.
5.  We genuinely like Mark.
6.  We are aware that there is lots of favorable and unfavorable web content out there - about us as well.
7.  So the existence of both kinds of content is not in itself a reliable indicator of anything.
8.  We have not hired a private investigator, government agency, or proctologist to do a background or backend investigation.

This is a decentralized, libertarian community open to anyone without needing our permission or blessing.
If this is going to work, this community needs to deal with newcomers in a way that allows them to bring and establish a reputation on its own merits.
Without alienating and offending them before they get a chance to do so.
And anyone who has worked in this troll-infested industry for very long is going to have lots of different opinions out there to be vetted.
Anyone who has ever tried for 100% customer satisfaction with a start up business knows how hard that is to achieve.
So feel free to ask about those issues, hear the explanations, and make up your own minds.

We have not, can not, should not and will not get involved in sorting that out for you.

Thanks for the input Stan. It's no secret that initially I didn't get the Bitshares thing right off the bat when Stan, Dan and I first met. We have some amicable differences. But things move on and what they are doing now makes sense to me and my team.

There is also no secret to me or my life. You only have to google my name to see it all. Some of it is inaccurate, but everything generated by us is. Good and bad. I have always prided myself on being being open and honest about me, my past and my endeavours. I'm aware this may put certain people off, but those people put off by it are not people I am interested in forging relationships with.

Despite my past and what ever moral judgements people may have on it what I am is a guy that works all the hours he can to make his vision and goals come to life. That is the main reason investors have backed me to date and my team work so hard for us all.

And you are right Stan this industry is troll infested and it needs to change to grow up. My personal approach (or at least the approach i try and stick to as much as possible) is to ignore the out and out flamers and trolls, address anyone who is reasonable and concentrate on the business building at hand.

As I have said before I am an open book and am willing to speak to anyone, anyone can add me on skype ID: mjlyford and schedule a call with my PA Zoe - zoe at lyfordoffice.com .

And last of all for those of interested in reading more about me you will get a warts and all account of my life to date (well up until two years ago , its being revised laster this year to reflect all the things I have been doing since May 2013) you can read my book (for free) by downloading it http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf (http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf) . Like I say it's warts and all and some of the scenarios and decisions I made in my life I regret, but its real and honest (maybe a little too honest in some areas).

What I can promise you if you do take the time to read the book you will get a full and real understanding of me, my life and my passion.

All the best

Mark

Can't be any more transparent than that. 

People make mistakes. 

I sure hope people out there attempting to judge Mark on his past businesses or actions take a cold hard look at themselves and drop the stone in their hand. 

And just so everyone knows, I have been trying to make this deal happen since before Bitshares or BANX launched publicly - it is just as Mark said - he didn't get the DPOS thing at first and had differences in opinion on crypto tech - it's taken us all that long to get through it all and come to this point. 

This industry is more fluid than anything I have ever seen.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: sschechter on June 24, 2015, 05:54:21 pm
I wonder if BM and co is vetting anything at all.

1.  We met Mark a year ago at a Mastermind Networking Retreat in St. Martin.  He impressed us.
2.  We trust and respect the people who set up that meeting.
3.  Mark continues to be recommended by those and other people we trust.
4.  We have had good interactions and discussions with Mark - comparable to those we have had with equally trusted forum heroes.
5.  We genuinely like Mark.
6.  We are aware that there is lots of favorable and unfavorable web content out there - about us as well.
7.  So the existence of both kinds of content is not in itself a reliable indicator of anything.
8.  We have not hired a private investigator, government agency, or proctologist to do a background or backend investigation.

This is a decentralized, libertarian community open to anyone without needing our permission or blessing.
If this is going to work, this community needs to deal with newcomers in a way that allows them to bring and establish a reputation on its own merits.
Without alienating and offending them before they get a chance to do so.
And anyone who has worked in this troll-infested industry for very long is going to have lots of different opinions out there to be vetted.
Anyone who has ever tried for 100% customer satisfaction with a start up business knows how hard that is to achieve.
So feel free to ask about those issues, hear the explanations, and make up your own minds.

We have not, can not, should not and will not get involved in sorting that out for you.

Thanks for the input Stan. It's no secret that initially I didn't get the Bitshares thing right off the bat when Stan, Dan and I first met. We have some amicable differences. But things move on and what they are doing now makes sense to me and my team.

There is also no secret to me or my life. You only have to google my name to see it all. Some of it is inaccurate, but everything generated by us is. Good and bad. I have always prided myself on being being open and honest about me, my past and my endeavours. I'm aware this may put certain people off, but those people put off by it are not people I am interested in forging relationships with.

Despite my past and what ever moral judgements people may have on it what I am is a guy that works all the hours he can to make his vision and goals come to life. That is the main reason investors have backed me to date and my team work so hard for us all.

And you are right Stan this industry is troll infested and it needs to change to grow up. My personal approach (or at least the approach i try and stick to as much as possible) is to ignore the out and out flamers and trolls, address anyone who is reasonable and concentrate on the business building at hand.

As I have said before I am an open book and am willing to speak to anyone, anyone can add me on skype ID: mjlyford and schedule a call with my PA Zoe - zoe at lyfordoffice.com .

And last of all for those of interested in reading more about me you will get a warts and all account of my life to date (well up until two years ago , its being revised laster this year to reflect all the things I have been doing since May 2013) you can read my book (for free) by downloading it http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf (http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf) . Like I say it's warts and all and some of the scenarios and decisions I made in my life I regret, but its real and honest (maybe a little too honest in some areas).

What I can promise you if you do take the time to read the book you will get a full and real understanding of me, my life and my passion.

All the best

Mark

Can't be any more transparent than that. 

People make mistakes. 

I sure hope people out there attempting to judge Mark on his past businesses or actions take a cold hard look at themselves and drop the stone in their hand. 

And just so everyone knows, I have been trying to make this deal happen since before Bitshares or BANX launched publicly - it is just as Mark said - he didn't get the DPOS thing at first and had differences in opinion on crypto tech - it's taken us all that long to get through it all and come to this point. 

This industry is more fluid than anything I have ever seen.

 +5% From what I've seen from following this project, Daniel Larimer's ideas are about a 6-12 months ahead of the crowd.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: lakerta06 on June 24, 2015, 09:11:21 pm
+5% From what I've seen from following this project, Daniel Larimer's ideas are about a 6-12 months ahead of the crowd.

I second that. for what my opinion is worth...
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on June 24, 2015, 09:24:09 pm
I wonder if BM and co is vetting anything at all.

1.  We met Mark a year ago at a Mastermind Networking Retreat in St. Martin.  He impressed us.
2.  We trust and respect the people who set up that meeting.
3.  Mark continues to be recommended by those and other people we trust.
4.  We have had good interactions and discussions with Mark - comparable to those we have had with equally trusted forum heroes.
5.  We genuinely like Mark.
6.  We are aware that there is lots of favorable and unfavorable web content out there - about us as well.
7.  So the existence of both kinds of content is not in itself a reliable indicator of anything.
8.  We have not hired a private investigator, government agency, or proctologist to do a background or backend investigation.

This is a decentralized, libertarian community open to anyone without needing our permission or blessing.
If this is going to work, this community needs to deal with newcomers in a way that allows them to bring and establish a reputation on its own merits.
Without alienating and offending them before they get a chance to do so.
And anyone who has worked in this troll-infested industry for very long is going to have lots of different opinions out there to be vetted.
Anyone who has ever tried for 100% customer satisfaction with a start up business knows how hard that is to achieve.
So feel free to ask about those issues, hear the explanations, and make up your own minds.

We have not, can not, should not and will not get involved in sorting that out for you.

Thanks for the input Stan. It's no secret that initially I didn't get the Bitshares thing right off the bat when Stan, Dan and I first met. We have some amicable differences. But things move on and what they are doing now makes sense to me and my team.

There is also no secret to me or my life. You only have to google my name to see it all. Some of it is inaccurate, but everything generated by us is. Good and bad. I have always prided myself on being being open and honest about me, my past and my endeavours. I'm aware this may put certain people off, but those people put off by it are not people I am interested in forging relationships with.

Despite my past and what ever moral judgements people may have on it what I am is a guy that works all the hours he can to make his vision and goals come to life. That is the main reason investors have backed me to date and my team work so hard for us all.

And you are right Stan this industry is troll infested and it needs to change to grow up. My personal approach (or at least the approach i try and stick to as much as possible) is to ignore the out and out flamers and trolls, address anyone who is reasonable and concentrate on the business building at hand.

As I have said before I am an open book and am willing to speak to anyone, anyone can add me on skype ID: mjlyford and schedule a call with my PA Zoe - zoe at lyfordoffice.com .

And last of all for those of interested in reading more about me you will get a warts and all account of my life to date (well up until two years ago , its being revised laster this year to reflect all the things I have been doing since May 2013) you can read my book (for free) by downloading it http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf (http://rebelentrepreneurbook.s3.amazonaws.com/Mark_Lyford_Rebel_Entrepreneur.pdf) . Like I say it's warts and all and some of the scenarios and decisions I made in my life I regret, but its real and honest (maybe a little too honest in some areas).

What I can promise you if you do take the time to read the book you will get a full and real understanding of me, my life and my passion.

All the best

Mark

Can't be any more transparent than that. 

People make mistakes. 

I sure hope people out there attempting to judge Mark on his past businesses or actions take a cold hard look at themselves and drop the stone in their hand. 

And just so everyone knows, I have been trying to make this deal happen since before Bitshares or BANX launched publicly - it is just as Mark said - he didn't get the DPOS thing at first and had differences in opinion on crypto tech - it's taken us all that long to get through it all and come to this point. 

This industry is more fluid than anything I have ever seen.

i really like  your attitude and your honest about past mistakes you made..

All we want here is to achieve best possible outcome for BTS ...
that said ..happy to have you on board Mark


Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: NickJames on June 25, 2015, 01:08:24 am
Hi all,

I am a huge fan of Banx and have been accumulating(more than anybody would recommend :P) and following them closely for quite a few months now.
They have a great team and have been extremely responsive and great in breaking things downs in layman's terms for a simple guy such as myself.
Following closely has now landed me here, in the world of Bitshares, after investigating I can honestly say I am intrigued and ready to hop aboard the Bitshares community as well. I am so excited to be here early for Bitshares 2.0! Woot!

Hit me up in the Banx.io chat if you see me, I am Drinkzya.

~NickJames / NickHiggins123 / Drinkzya
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 25, 2015, 01:11:41 am
I liked this so much I decided to just go ahead and shamelessly quote myself here...

Swift kick.......love the [ANN], btw:
https://bitcointalk.org/index.php?topic=1097350.0

Any actual news to report ?

Seeing two Top Ten assets share one industrial grade blockchain:  Nice!

Seeing four exchanges partnering to produce a market bigger than their individual stovepipes:  Very Nice!

Realizing that your own coin or exchange is welcome to join the same party:  Priceless!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Riverhead on June 25, 2015, 01:20:21 am
Welcome NickJames. 8)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: NickJames on June 25, 2015, 01:52:25 am
Welcome NickJames. 8)

Thanks, I look forward to the ride. 8)

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: rgcrypto on June 25, 2015, 02:36:56 am
Hi all,

I am a huge fan of Banx and have been accumulating(more than anybody would recommend :P) and following them closely for quite a few months now.
They have a great team and have been extremely responsive and great in breaking things downs in layman's terms for a simple guy such as myself.
Following closely has now landed me here, in the world of Bitshares, after investigating I can honestly say I am intrigued and ready to hop aboard the Bitshares community as well. I am so excited to be here early for Bitshares 2.0! Woot!

Hit me up in the Banx.io chat if you see me, I am Drinkzya.

~NickJames / NickHiggins123 / Drinkzya
Welcome aboard NickJames!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 25, 2015, 05:01:12 am
bump

bump

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 25, 2015, 10:26:30 am
Hi all,

I am a huge fan of Banx and have been accumulating(more than anybody would recommend :P) and following them closely for quite a few months now.
They have a great team and have been extremely responsive and great in breaking things downs in layman's terms for a simple guy such as myself.
Following closely has now landed me here, in the world of Bitshares, after investigating I can honestly say I am intrigued and ready to hop aboard the Bitshares community as well. I am so excited to be here early for Bitshares 2.0! Woot!

Hit me up in the Banx.io chat if you see me, I am Drinkzya.

~NickJames / NickHiggins123 / Drinkzya

Please to meet you Nick, Ill be sure to come into the banx.io chat asap :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: mike623317 on June 25, 2015, 06:09:07 pm
bump

bump

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?

Hi Mark - is there any news on these documents you're preparing?

Thx
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 25, 2015, 09:27:47 pm
bump

bump

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?

Hi Mark - is there any news on these documents you're preparing?

Thx

It's a video and presentation I am working on for something else that I am going to edit to a DPF document for you guys. I will get it out as soon as I can :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 26, 2015, 04:53:43 am
bump

bump

bump

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: puppies on June 26, 2015, 06:26:12 am

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?

in fact 87.4% of all statistics are made up on the spot. 
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 26, 2015, 06:48:51 am

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?

in fact 87.4% of all statistics are made up on the spot.

yeah you're right, probably 95% are scams (https://bitcointalk.org/index.php?topic=878387.0)

however, I doubt they will answer my request. Looks like their miners are made of thin air.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on June 26, 2015, 06:56:25 am

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?

in fact 87.4% of all statistics are made up on the spot.

yeah you're right, probably 95% are scams (https://bitcointalk.org/index.php?topic=878387.0)

however, I doubt they will answer my request. Looks like their miners are made of thin air.


let's wait and see ..
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: puppies on June 26, 2015, 07:25:00 am

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?

in fact 87.4% of all statistics are made up on the spot.

yeah you're right, probably 95% are scams (https://bitcointalk.org/index.php?topic=878387.0)

however, I doubt they will answer my request. Looks like their miners are made of thin air.

Much better statement fav.  I know its only 400 basis points, but its a much more believable percentage, and its backed up by some evidence.  Evidence pulled from a notoriously shady forum, but the linked post brings up some very good points.

The things that spring to my mind.

If a company sells two products.  Product A, and product B.  I am interested in product A, I have no interest in product B.  Product A seems as if it a legit product that will meet my needs.  Product B has all the signs of being a scam.  I am going to reassess product A in light of what I believe about product B.  I am going to reassess my viewpoint of the company based upon what I know about product B.

I can't imagine a picture convincing me to invest in cloud based mining.  I am less interested in who owns the deed to the miners than in where the hashing power is pointed.  I would be more likely to invest in cloud mining if the company I was paying could point out the blocks they had signed, and also sign a message with their website or company name in it with the same key.

Posts on forums are really cool.  Cryptographic proof is way cooler.

We all have to make up our own minds.

We should wait and see, but I would not recommend investing just yet.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 26, 2015, 07:49:41 am

Posts on forums are really cool.  Cryptographic proof is way cooler.

fully agree with you, that's the next step :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 26, 2015, 09:40:03 am

in fact, 99% of all cloudmining services are ponzi & scam, and you're offerting cloud mining.

could you please post pictures / videos of your farm?

in fact 87.4% of all statistics are made up on the spot.

yeah you're right, probably 95% are scams (https://bitcointalk.org/index.php?topic=878387.0)

however, I doubt they will answer my request. Looks like their miners are made of thin air.

Much better statement fav.  I know its only 400 basis points, but its a much more believable percentage, and its backed up by some evidence.  Evidence pulled from a notoriously shady forum, but the linked post brings up some very good points.

The things that spring to my mind.

If a company sells two products.  Product A, and product B.  I am interested in product A, I have no interest in product B.  Product A seems as if it a legit product that will meet my needs.  Product B has all the signs of being a scam.  I am going to reassess product A in light of what I believe about product B.  I am going to reassess my viewpoint of the company based upon what I know about product B.

I can't imagine a picture convincing me to invest in cloud based mining.  I am less interested in who owns the deed to the miners than in where the hashing power is pointed.  I would be more likely to invest in cloud mining if the company I was paying could point out the blocks they had signed, and also sign a message with their website or company name in it with the same key.

Posts on forums are really cool.  Cryptographic proof is way cooler.

We all have to make up our own minds.

We should wait and see, but I would not recommend investing just yet.

No one is trying ton convince you of anything, Mining is a small part of what we are doing here at Banx. It's simple people either like what we are doing. ByronP who runs banx.io and runs his own DC hosts many of our miners. Moving forward we will be looking to work with genesis mining for cloud solutions once the mining scene improves.

It's a simple concept Banx and I... You either like you what the vision is or you don't . And thats fine, but like I say mining is only a part of what we are doing( and not a very exciting part at that)

Regards

Mark
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 26, 2015, 09:45:34 am

No one is trying ton convince you of anything, Mining is a small part of what we are doing here at Banx. It's simple people either like what we are doing. ByronP who runs banx.io and runs his own DC hosts many of our miners. Moving forward we will be looking to work with genesis mining for cloud solutions once the mining scene improves.

It's a simple concept Banx and I... You either like you what the vision is or you don't . And thats fine, but like I say mining is only a part of what we are doing( and not a very exciting part at that)


I see you're talking your way around the issue. I hate to say it, but that's exactly how cloud mine scammers act on bitcointalk too.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: SimonDodd on June 26, 2015, 09:50:50 am

No one is trying ton convince you of anything, Mining is a small part of what we are doing here at Banx. It's simple people either like what we are doing. ByronP who runs banx.io and runs his own DC hosts many of our miners. Moving forward we will be looking to work with genesis mining for cloud solutions once the mining scene improves.

It's a simple concept Banx and I... You either like you what the vision is or you don't . And thats fine, but like I say mining is only a part of what we are doing( and not a very exciting part at that)


I see you're talking your way around the issue. I hate to say it, but that's exactly how cloud mine scammers act on bitcointalk too.

Don't panic Fav, I'm getting Byron to take some pictures of our miners so as soon as I get that picture I will post it here. You can then use something like tineye.com to do a reverse image lookup and check we haven't just "borrowed" a picture of someone else's datacenter. Will that satisfy your curiosity about our miners...?

As Mark said we are looking to work with Genesis mining going forward. The mining space is a bit of a tricky one at the moment. Our machines are all Spondoolies machines and I have to say they have been less than reliable so that is why we are moving over to Genesis...

I'll post back here once I have the pictures.

Simon
(business manager Banx Capital)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 26, 2015, 09:53:02 am

Don't panic Fav, I'm getting Byron to take some pictures of our miners so as soon as I get that picture I will post it here. You can then use something like tineye.com to do a reverse image lookup and check we haven't just "borrowed" a picture of someone else's datacenter. Will that satisfy your curiosity about our miners...?

As Mark said we are looking to work with Genesis mining going forward. The mining space is a bit of a tricky one at the moment. Our machines are all Spondoolies machines and I have to say they have been less than reliable so that is why we are moving over to Genesis...

I'll post back here once I have the pictures.

Simon
(business manager Banx Capital)

oh, I'm not panicking. yes, some sort of proof would be a good starter.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on June 26, 2015, 10:39:02 am

No one is trying ton convince you of anything, Mining is a small part of what we are doing here at Banx. It's simple people either like what we are doing. ByronP who runs banx.io and runs his own DC hosts many of our miners. Moving forward we will be looking to work with genesis mining for cloud solutions once the mining scene improves.

It's a simple concept Banx and I... You either like you what the vision is or you don't . And thats fine, but like I say mining is only a part of what we are doing( and not a very exciting part at that)


I see you're talking your way around the issue. I hate to say it, but that's exactly how cloud mine scammers act on bitcointalk too.

Don't panic Fav, I'm getting Byron to take some pictures of our miners so as soon as I get that picture I will post it here. You can then use something like tineye.com to do a reverse image lookup and check we haven't just "borrowed" a picture of someone else's datacenter. Will that satisfy your curiosity about our miners...?

As Mark said we are looking to work with Genesis mining going forward. The mining space is a bit of a tricky one at the moment. Our machines are all Spondoolies machines and I have to say they have been less than reliable so that is why we are moving over to Genesis...

I'll post back here once I have the pictures.

Simon
(business manager Banx Capital)

Welcome aboard Simon !

edit: just noticed, genesis mining - maybe they could accept SmartCoins soon also ... :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: SimonDodd on June 26, 2015, 11:07:58 am
OK as promised here is a picture of our miners, you will notice that some of them are offline due to Spondoolies providing sub standard machines but thats a whole different story! :) haha

(https://s3.amazonaws.com/banxmining/0DA1048194A7D420DDD6503E2379AAEDD47D404C50610D67E0pimgpsh_fullsize_distr.jpg)
(https://s3.amazonaws.com/banxmining/0C66482114BFF86F98DD3D8CE681607B9DF58EE1ED7FE823AApimgpsh_fullsize_distr.jpg)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on June 26, 2015, 11:17:00 am
OK as promised here is a picture of our miners, you will notice that some of them are offline due to Spondoolies providing sub standard machines but thats a whole different story! :) haha

(https://s3.amazonaws.com/banxmining/0DA1048194A7D420DDD6503E2379AAEDD47D404C50610D67E0pimgpsh_fullsize_distr.jpg)
(https://s3.amazonaws.com/banxmining/0C66482114BFF86F98DD3D8CE681607B9DF58EE1ED7FE823AApimgpsh_fullsize_distr.jpg)

thank you! :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: SimonDodd on June 26, 2015, 11:25:25 am
No problem. As you can see we are an open company only too willing to answer any questions you have about our operations and if you see a fault that needs addressing we address it as soon as we can :) Glad this helped :)

Simon
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: ByronP on June 26, 2015, 01:47:17 pm
Hi I'm, Allen Byron Penner otherwise known as ByronP. I run the network, servers, mining operations and developer work. If you have any questions please feel free to email me byronp at banx.io or give me a call 6zero9 three89 four3zero6. I am located in New Jersey USA and I am available almost 24/7 (I’m a Cylon). You can also get me on twitter @BanxExchange and facebook https://www.facebook.com/byron.penner I’m on skype too but I have no idea what the info for that is.

I have been with Banx for 6 months now and have known mark for much longer. We have always gotten along and over time realized that we complement each other very well as we both are no nonsense, get to the point, well and outspoken, risk takers who are willing to put it all on the line and never give up.

For you naysayers just look at what Mark has done, my employment history and what we have managed to accomplish in only a few months (although we are behind in terms of the overall action plan) and then you can shut your mouth about how much talent is behind Banx. I can code anything with my eyes closed, familiar with extreme security, can code in any language on any machine, ran giant networks, run several successful businesses, passed all checks for ultra-high security work (nuclear and government work {full anal probing on an ongoing basis}) and on and on and on... you get the point. I would not have joined Banx if I didn't know what the plan was and how it was going to be implemented as I would not put my name on the line.

There are a lot of scams in this industry and Banx aims to help change that by implementing services and creating products that surpass expectation. We as individual team members maintain our own sense of responsibility and morality. We act with social conscience in a democratic group where everyone expresses there ideas and concerns. This ensures we all get to see the big picture and are working towards the same goals. We all have our areas of expertise and we share with each other and take time to explain any and all implications of any plan we make as well as accepting the input of our peers and clients.
At our core we are a very strong group of very talented individuals with a common goal. This makes Banx something much more than just a business we are friends and we consider our clients to be just as important as any team member. This allows us to adapt to the ever changing landscape of crypto and be flexible enough to take action on these opportunities quickly. Just as we are doing with Bitshares.
We have a lot of really awesome projects in the works and adding Bitshares can only help us with our long term goals. We don’t want to just be a crypto company we want to help people around the globe empower themselves and free their minds from the social norm of set structured controlled banking and Bitshares is a great step in this direction. What do you want to do with your life? Because this is what I am doing with mine.

OK I’m done ranting lol if you made it this far congratulations come have a drink with me… I’m usually at Doyle’s on RT9 in Barnegat. NJ :-)
Bye For Now,
ByronP
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: mint chocolate chip on June 26, 2015, 03:14:44 pm
http://banxmining.com/contact-us/ update your contact page you got Lorem ipsum text
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Riverhead on June 26, 2015, 04:00:54 pm

Welcome Allen.

I am meeting up with "Carpet Ride" at The Tavern on the Lake in Hightstown, NJ on Tuesday around 7pm. We picked the place because it's about halfway between NY and Philly. Please join us and I'll buy the first round :).

Anyone else in the area that wants to come chew the fat as well is welcome. Below is the thread that mentions this.

https://bitsharestalk.org/index.php/topic,10995.msg219440.html#msg219440



Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: sumantso on June 26, 2015, 04:49:38 pm

No one is trying ton convince you of anything, Mining is a small part of what we are doing here at Banx. It's simple people either like what we are doing. ByronP who runs banx.io and runs his own DC hosts many of our miners. Moving forward we will be looking to work with genesis mining for cloud solutions once the mining scene improves.

It's a simple concept Banx and I... You either like you what the vision is or you don't . And thats fine, but like I say mining is only a part of what we are doing( and not a very exciting part at that)


I see you're talking your way around the issue. I hate to say it, but that's exactly how cloud mine scammers act on bitcointalk too.

Don't panic Fav, I'm getting Byron to take some pictures of our miners so as soon as I get that picture I will post it here. You can then use something like tineye.com to do a reverse image lookup and check we haven't just "borrowed" a picture of someone else's datacenter. Will that satisfy your curiosity about our miners...?

As Mark said we are looking to work with Genesis mining going forward. The mining space is a bit of a tricky one at the moment. Our machines are all Spondoolies machines and I have to say they have been less than reliable so that is why we are moving over to Genesis...

I'll post back here once I have the pictures.

Simon
(business manager Banx Capital)

A signed message from a mined block should do the trick.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ander on June 26, 2015, 05:46:35 pm
It's simple people either like what we are doing. ByronP who runs banx.io and runs his own DC hosts many of our miners. Moving forward we will be looking to work with genesis mining for cloud solutions once the mining scene improves.

It's a simple concept Banx and I... You either like you what the vision is or you don't . And thats fine, but like I say mining is only a part of what we are doing( and not a very exciting part at that)

Regards

Mark

We like what you are doing!  We just want proof that you're doing it. :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: liondani on June 26, 2015, 05:58:22 pm
It's simple people either like what we are doing. ByronP who runs banx.io and runs his own DC hosts many of our miners. Moving forward we will be looking to work with genesis mining for cloud solutions once the mining scene improves.

It's a simple concept Banx and I... You either like you what the vision is or you don't . And thats fine, but like I say mining is only a part of what we are doing( and not a very exciting part at that)

Regards

Mark

We like what you are doing!  We just want proof that you're doing it. :)
And there are more than you think that are watching here... ready to pull the trigger, if needed...

Sent from my ALCATEL ONE TOUCH 997D

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: yellowecho on June 26, 2015, 06:04:51 pm
I'm a little late to this announcement.

Could someone explain how this is positive to BTS?  I get why it's a positive for BANX but it's unclear to me how BTS is effected.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Pheonike on June 26, 2015, 06:07:58 pm

It brings more traffic to our network which means more transactions. It also demonstrates how businesses can integrate with our system.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Permie on June 26, 2015, 06:08:57 pm
I'm a little late to this announcement.

Could someone explain how this is positive to BTS?  I get why it's a positive for BANX but it's unclear to me how BTS is effected.
Public demonstration of how other crypto's can save money and effort by simply assimilating with BitShares.
The Guinea pig of the migration from cryptocoin to UIA
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: yellowecho on June 26, 2015, 06:13:04 pm
It brings more traffic to our network which means more transactions. It also demonstrates how businesses can integrate with our system.

Thanks! I can't believe I overlooked the former.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Riverhead on June 26, 2015, 06:32:11 pm
A thread for Q&A about the various investment opportunities Banx brings BTS holders should be created. This thread is looking more like a trial than a welcoming. Banx is moving part of their back end operations to the Bitshares platform not asking to look after your kids for the weekend.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: EvilDave on June 26, 2015, 07:04:31 pm
I liked this so much I decided to just go ahead and shamelessly quote myself here...

Swift kick.......love the [ANN], btw:
https://bitcointalk.org/index.php?topic=1097350.0

Any actual news to report ?

Seeing two Top Ten assets share one industrial grade blockchain:  Nice!

Seeing four exchanges partnering to produce a market bigger than their individual stovepipes:  Very Nice!

Realizing that your own coin or exchange is welcome to join the same party:  Priceless!

Oooh....our Stan  >:(
I'm not letting you get away with that one.......I asked a simple question about the Banx.io trading volume issue, and you dodged it like a pro.
Here's the BTT thread in question:
https://bitcointalk.org/index.php?topic=1091855.0

I've gone on record as believing that BTS is a legitimate, honest project, but now I'm starting to have doubts.
Congratulating yourself loudly on your shilling skillz....it's kind of tacky, Stan.

(As are these bloody captchas.....who the hell are you trying keep out ? Well, apart from me.... 8))
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Tuck Fheman on June 26, 2015, 07:23:28 pm
who the hell are you trying keep out ? Well, apart from me.... 8)

You're welcome here Dave. As a matter of fact, your name (https://bitsharestalk.org/index.php/topic,17099.msg218541.html#msg218541) was reserved for you ... for when you're ready.  ;)



Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: EvilDave on June 26, 2015, 07:41:17 pm
Aw, Tuck, that's so sweet.... ;) Thanks, mate....

But, no, you'll not be tempting me to the dark side with your shiny baubles.

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Tuck Fheman on June 26, 2015, 07:53:30 pm
Aw, Tuck, that's so sweet.... ;) Thanks, mate....

But, no, you'll not be tempting me to the dark side with your shiny baubles.

lel, ok, I tried.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ander on June 26, 2015, 08:07:35 pm
Looks like the banx.io trading volume issue was resolved, based on the thread Dave linked. 

I think this thread shows that crypto enthusiasts are not a trusting lot (we trust in MATH!), and that when different communities begin to interact, they need to vet each other first!  Hopefully there are no hard feelings. :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Stan on June 26, 2015, 08:25:36 pm
I liked this so much I decided to just go ahead and shamelessly quote myself here...

Swift kick.......love the [ANN], btw:
https://bitcointalk.org/index.php?topic=1097350.0

Any actual news to report ?

Seeing two Top Ten assets share one industrial grade blockchain:  Nice!

Seeing four exchanges partnering to produce a market bigger than their individual stovepipes:  Very Nice!

Realizing that your own coin or exchange is welcome to join the same party:  Priceless!

Oooh....our Stan  >:(
I'm not letting you get away with that one.......I asked a simple question about the Banx.io trading volume issue, and you dodged it like a pro.
Here's the BTT thread in question:
https://bitcointalk.org/index.php?topic=1091855.0

I've gone on record as believing that BTS is a legitimate, honest project, but now I'm starting to have doubts.
Congratulating yourself loudly on your shilling skillz....it's kind of tacky, Stan.

(As are these bloody captchas.....who the hell are you trying keep out ? Well, apart from me.... 8))

Hey, I admitted it was shameless!   :)

Interestingly, your question links to this:
https://bitcointalk.org/index.php?topic=1097350.0
Which was the [ANN] thread over there, not
https://bitcointalk.org/index.php?topic=1091855.0
Which was the question you say I dodged like a pro.

Since you said you loved the ANN and linked to it, I commented on the essence of the news on that thread.
Namely, that others could take advantage of the same opportunity.

I didn't realize you were seeking news on the now resolved CMC controversy.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Akado on June 26, 2015, 08:41:06 pm
Looks like the banx.io trading volume issue was resolved, based on the thread Dave linked. 

I think this thread shows that crypto enthusiasts are not a trusting lot (we trust in MATH!), and that when different communities begin to interact, they need to vet each other first!  Hopefully there are no hard feelings. :)

In crypto everyone's guilty unless proven otherwise.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ander on June 26, 2015, 08:47:38 pm
Looks like the banx.io trading volume issue was resolved, based on the thread Dave linked. 

I think this thread shows that crypto enthusiasts are not a trusting lot (we trust in MATH!), and that when different communities begin to interact, they need to vet each other first!  Hopefully there are no hard feelings. :)

In crypto everyone's guilty unless proven otherwise.

Yep,
"Everything is a scam unless I own some, in which case its going to the moon" - All cryptocurrency holders.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Tuck Fheman on June 26, 2015, 09:12:07 pm
In crypto everyone's guilty unless proven otherwise.

Good one NSA!

If you're not NSA, prove it.  :P
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: EvilDave on June 26, 2015, 09:14:48 pm
Looks like the banx.io trading volume issue was resolved, based on the thread Dave linked. 

I think this thread shows that crypto enthusiasts are not a trusting lot (we trust in MATH!), and that when different communities begin to interact, they need to vet each other first!  Hopefully there are no hard feelings. :)

Yep...much vetting....which is what brings me here.

I still have a few questions, so lets start with establishing a baseline we can all agree on:

For reasons unknown, Banx.io was reporting a trade volume on the BANX<>BTC market to CMC that was 4 -5 times greater than the actual trading on Banx.io.
It got reported to everyone concerned by poloscarted and myself, and after a few days, the issue was tracked down and corrected.

We all happy with this version of events ?

So here are the follow-up questions:

How did the problem/issue happen ?
Did someone deliberately code it in ? Make a coding error ? CMC mistake ?
How long was the error in place ?
Did it affect BANX listings on sites other than CMC ? (Should have checked this myself, but lazy)
Why did no-one else notice such an obvious issue ? (I'm not the smartest cookie in the box, but this was pretty simple)
Did anyone from BTS do any form of due diligence on Banx.io before the {ANN} ?

However it happened, this incorrect reporting of trade volume could only be beneficial to Banxshares, and so it's very easy to conclude that this could be a deliberate attempt to manipulate CMC and give BANX a boost.
Deliberate or not, the fact that no-one from BTS picked up on the inflated trading figures during the due diligence process with Banxshares also doesn't look good.
We are talking about the only BANX market here. How quickly do you think a mistake in the opposite direction would have been noticed and corrected ?

That, for me,  is the crux of the problem: why did no-one from BANX or BTS notice and correct this, until pushed by myself and poloscarted ?

(back in hour or so, got RL stuff going on...)

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: BunkerChainLabs-DataSecurityNode on June 26, 2015, 10:52:57 pm
Looks like the banx.io trading volume issue was resolved, based on the thread Dave linked. 

I think this thread shows that crypto enthusiasts are not a trusting lot (we trust in MATH!), and that when different communities begin to interact, they need to vet each other first!  Hopefully there are no hard feelings. :)

Yep...much vetting....which is what brings me here.

I still have a few questions, so lets start with establishing a baseline we can all agree on:

For reasons unknown, Banx.io was reporting a trade volume on the BANX<>BTC market to CMC that was 4 -5 times greater than the actual trading on Banx.io.
It got reported to everyone concerned by poloscarted and myself, and after a few days, the issue was tracked down and corrected.

We all happy with this version of events ?

So here are the follow-up questions:

How did the problem/issue happen ?
Did someone deliberately code it in ? Make a coding error ? CMC mistake ?
How long was the error in place ?
Did it affect BANX listings on sites other than CMC ? (Should have checked this myself, but lazy)
Why did no-one else notice such an obvious issue ? (I'm not the smartest cookie in the box, but this was pretty simple)
Did anyone from BTS do any form of due diligence on Banx.io before the {ANN} ?

However it happened, this incorrect reporting of trade volume could only be beneficial to Banxshares, and so it's very easy to conclude that this could be a deliberate attempt to manipulate CMC and give BANX a boost.
Deliberate or not, the fact that no-one from BTS picked up on the inflated trading figures during the due diligence process with Banxshares also doesn't look good.
We are talking about the only BANX market here. How quickly do you think a mistake in the opposite direction would have been noticed and corrected ?

That, for me,  is the crux of the problem: why did no-one from BANX or BTS notice and correct this, until pushed by myself and poloscarted ?

(back in hour or so, got RL stuff going on...)

We have already established in other discussions that it is not, and should not be our place to judge who uses the BTS system. BTS is not the crypto police. Nor should we be. Should Cisco be put on trial for allowing packets of child porn to pass through its routers? Your reasoning suggests yes, it should.

I understand this probably is just due to a lack of understanding on the nature of the relationship between bts and banx, so please don't think I am trying to make you sound foolish. It's just to clarify using a comparison that is easy to understand and conclude with. You are not alone in your questions regarding vetting. Many here had similar misunderstandings about the roll we play here with Banx. It's taken some time for some to come around to understanding that we simply should not be acting in that capacity within the UIA system. The community can respond as they wish in their business dealings with whom ever should come here. As you can see, Mark has gained some fans among this community already, and others not so much. That's how it is in a shareocracy.

As to the rest of your questions.. I can't offer any insights to any of those other than to continue to ask questions until you get answers. The right questions get the right answers, and it sounds like you asked some reasonable ones.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: EvilDave on June 27, 2015, 12:14:44 am
Yeah, the difficulties of running a decentralised, neutral blockhain, and of 'policing' 3rd party users of that blockchain aren't entirely unfamiliar to me....:

https://nxtforum.org/assets-board/%28ann%29-whitegoldshares-business-plan-nov-17th-2014-%28wgs%29/
https://nxtforum.org/assets-board/%28ann%29-%28ach%29-altcoin-herald-now-available-as-an-asset/

Read these two threads and beware.....
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: ByronP on June 27, 2015, 01:51:24 am
Looks like the banx.io trading volume issue was resolved, based on the thread Dave linked. 

I think this thread shows that crypto enthusiasts are not a trusting lot (we trust in MATH!), and that when different communities begin to interact, they need to vet each other first!  Hopefully there are no hard feelings. :)

Yep...much vetting....which is what brings me here.

I still have a few questions, so lets start with establishing a baseline we can all agree on:

For reasons unknown, Banx.io was reporting a trade volume on the BANX<>BTC market to CMC that was 4 -5 times greater than the actual trading on Banx.io.
It got reported to everyone concerned by poloscarted and myself, and after a few days, the issue was tracked down and corrected.

We all happy with this version of events ?

So here are the follow-up questions:

How did the problem/issue happen ?
Did someone deliberately code it in ? Make a coding error ? CMC mistake ?
How long was the error in place ?
Did it affect BANX listings on sites other than CMC ? (Should have checked this myself, but lazy)
Why did no-one else notice such an obvious issue ? (I'm not the smartest cookie in the box, but this was pretty simple)
Did anyone from BTS do any form of due diligence on Banx.io before the {ANN} ?

However it happened, this incorrect reporting of trade volume could only be beneficial to Banxshares, and so it's very easy to conclude that this could be a deliberate attempt to manipulate CMC and give BANX a boost.
Deliberate or not, the fact that no-one from BTS picked up on the inflated trading figures during the due diligence process with Banxshares also doesn't look good.
We are talking about the only BANX market here. How quickly do you think a mistake in the opposite direction would have been noticed and corrected ?

That, for me,  is the crux of the problem: why did no-one from BANX or BTS notice and correct this, until pushed by myself and poloscarted ?

(back in hour or so, got RL stuff going on...)

This was an error on my part that I believe was introduced when I made a bunch of changes to support the http api. This bug affected more than just BANX Shares and was a miscalculation in the way data was being cached. Once I was made aware of the problem I resolved it in a timely fashion! I don't know what other course of action you would like to see however I do make mistakes as I am human. As per why no one picked up on it earlier the best answer I can give from an internal standpoint is that i don't really look at data from 3rd party sites as it's not usually on my agenda unless there is a specific need.

I hope that helps answer your questions.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Permie on June 27, 2015, 11:14:00 am
We have already established in other discussions that it is not, and should not be our place to judge who uses the BTS system. BTS is not the crypto police. Nor should we be. Should Cisco be put on trial for allowing packets of child porn to pass through its routers? Your reasoning suggests yes, it should.

I understand this probably is just due to a lack of understanding on the nature of the relationship between bts and banx, so please don't think I am trying to make you sound foolish. It's just to clarify using a comparison that is easy to understand and conclude with. You are not alone in your questions regarding vetting. Many here had similar misunderstandings about the roll we play here with Banx. It's taken some time for some to come around to understanding that we simply should not be acting in that capacity within the UIA system. The community can respond as they wish in their business dealings with whom ever should come here. As you can see, Mark has gained some fans among this community already, and others not so much. That's how it is in a shareocracy.

As to the rest of your questions.. I can't offer any insights to any of those other than to continue to ask questions until you get answers. The right questions get the right answers, and it sounds like you asked some reasonable ones.
+5% +5% +5%

Scammers gonna scam.
Any company/person who uses the services that bts provides is free to do whatever they wish within the bounds of the constitution.
BitShares is a permissionless system and should always stay that way.

IMO These discussions/due diligence should be taking place in the specific organizations community. If you as a concerned bts member decide to visit these forums and do some investigative journalism and uncover some secrets that bts members would benefit from knowing then by all means get going, a worker proposal or a delegate position might be right for you.
Shunning and shaming have long been known to be some of the most effective methods of regulation.

We should encourage a culture of due diligence on new bts services (UIA, PMPA etc), incentivize members to conduct investigative journalism and publicly name and shame scammers, wrongdoers and liars in any easy to search format, so everyone has easy access to information.
There is no physical authority over others in this system. The way to manage the ecosystem is to hurt the profits and reputation of those acting against the social consensus.

I really appreciate what you're doing Evil Dave - members need people like you.
I just don't think this is the place - we want yet to be initiated businesses to see a welcoming and encouraging community when they have a quick look at what on earth 'BitShares' is. The pioneering companies like CCEDK and Banx are demonstrating to onlookers how they could do it too. Explanations are all well and good but that leaves alot to interpretation.
We need case studies!

"Oh it looks so easy to integrate, everyone is so helpful and I can cut costs and increase my profits" they'll say, to the now-wealthy members ;)

I'm not sure I agree with the sentiment that members should view all newcomers with distrust until proven otherwise.
Nobody is forcing you to use their particular asset.
You wouldn't complain if a new website was registered and it didn't meet your standards of data security. You'd just ignore it.
Every new business running on the BitShares network brings value.

Being welcoming to all might get us a few more scammers, but the overall number of businesses using bts services will also increase. So the percentage of scammers to legit may even decrease (less scammers per good business, with more businesses overall)

BitShares carries a message of freedom and I think the community should embody that too.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on June 27, 2015, 11:26:57 am
We have already established in other discussions that it is not, and should not be our place to judge who uses the BTS system. BTS is not the crypto police. Nor should we be. Should Cisco be put on trial for allowing packets of child porn to pass through its routers? Your reasoning suggests yes, it should.

I understand this probably is just due to a lack of understanding on the nature of the relationship between bts and banx, so please don't think I am trying to make you sound foolish. It's just to clarify using a comparison that is easy to understand and conclude with. You are not alone in your questions regarding vetting. Many here had similar misunderstandings about the roll we play here with Banx. It's taken some time for some to come around to understanding that we simply should not be acting in that capacity within the UIA system. The community can respond as they wish in their business dealings with whom ever should come here. As you can see, Mark has gained some fans among this community already, and others not so much. That's how it is in a shareocracy.

As to the rest of your questions.. I can't offer any insights to any of those other than to continue to ask questions until you get answers. The right questions get the right answers, and it sounds like you asked some reasonable ones.
+5% +5% +5%

Scammers gonna scam.
Any company/person who uses the services that bts provides is free to do whatever they wish within the bounds of the constitution.
BitShares is a permissionless system and should always stay that way.

IMO These discussions/due diligence should be taking place in the specific organizations community. If you as a concerned bts member decide to visit these forums and do some investigative journalism and uncover some secrets that bts members would benefit from knowing then by all means get going, a worker proposal or a delegate position might be right for you.
Shunning and shaming have long been known to be some of the most effective methods of regulation.

We should encourage a culture of due diligence on new bts services (UIA, PMPA etc), incentivize members to conduct investigative journalism and publicly name and shame scammers, wrongdoers and liars in any easy to search format, so everyone has easy access to information.
There is no physical authority over others in this system. The way to manage the ecosystem is to hurt the profits and reputation of those acting against the social consensus.

I really appreciate what you're doing Evil Dave - members need people like you.
I just don't think this is the place - we want yet to be initiated businesses to see a welcoming and encouraging community when they have a quick look at what on earth 'BitShares' is. The pioneering companies like CCEDK and Banx are demonstrating to onlookers how they could do it too. Explanations are all well and good but that leaves alot to interpretation.
We need case studies!

"Oh it looks so easy to integrate, everyone is so helpful and I can cut costs and increase my profits" they'll say, to the now-wealthy members ;)

I'm not sure I agree with the sentiment that members should view all newcomers with distrust until proven otherwise.
Nobody is forcing you to use their particular asset.
You wouldn't complain if a new website was registered and it didn't meet your standards of data security. You'd just ignore it.
Every new business running on the BitShares network brings value.

Being welcoming to all might get us a few more scammers, but the overall number of businesses using bts services will also increase. So the percentage of scammers to legit may even decrease (less scammers per good business, with more businesses overall)

BitShares carries a message of freedom and I think the community should embody that too.


I completely agree. Everyone has a choice to use or not use a particular business or asset running on the BTC system it's down to personal preference. I realise some will like me on here and some won't and thats fine. Its the sign of someone more interesting than 'normal' that splits peoples opinions ;)

Regarding the welcoming side of your comments I agree. This community needs to be more welcoming and demonstrate people are welcome here. Like it's been said before there is  and should be no regulations in place preventing people and companies from using this technology. It comes down to the individual then to decide if they get involved on a case by case basis.

Thanks again Permie for you constructive comments.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Permie on June 27, 2015, 12:18:39 pm
I am considering a delegate bid with the aim of solving these problems

https://bitsharestalk.org/index.php/topic,17212.0.html

Quote
Identify business use-cases such as gold dealing, couponing, prediction markets, decentralized banking services and produce industry-specific and easy to understand Prospectus' outlining how and why to integrate with BitShares.

I will strive to use these materials to target and close existing businesses and walk them through the set-up, in public on the forums.
These use-cases will then be incorporated into industry specific prospecti.
I envision that 3 use cases for each industry will be sufficient that there will no longer be a need for public walkthroughs.
By that point, the prospectus will contain all necessary information and proven-claims of profit increases and cost reductions due to BitShares integration of competiors in the industry.

If this progresses I would be very interested in documenting Banx as one of the first case studies of coin transference to BitShares.

Is this something you would be interested in, Mark?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on June 28, 2015, 03:19:27 pm
https://bitsharestalk.org/index.php/topic,17226.0.html

hey tried to seperate  last discussion from this thread, hope this was in you interest also.. pls let me know if there is better title you want me add!

[member=21490]Thom[/member] [member=36434]Permie[/member]  - pls feel free to change update add like you want.. just tried to clean it up here a bit .. so thread is'n "hijacked" anymore.

Thx for you understanding
c
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: EvilDave on June 28, 2015, 05:54:19 pm
***cut bits***

I still have a few questions, so lets start with establishing a baseline we can all agree on:

For reasons unknown, Banx.io was reporting a trade volume on the BANX<>BTC market to CMC that was 4 -5 times greater than the actual trading on Banx.io.
It got reported to everyone concerned by poloscarted and myself, and after a few days, the issue was tracked down and corrected.

We all happy with this version of events ?

So here are the follow-up questions:

How did the problem/issue happen ?
This got answered:
https://bitcointalk.org/index.php?topic=1091855.msg11724045#msg11724045

Did someone deliberately code it in ? Make a coding error ? CMC mistake ?
How long was the error in place ?
Did it affect BANX listings on sites other than CMC ? (Should have checked this myself, but lazy)
Why did no-one else notice such an obvious issue ? (I'm not the smartest cookie in the box, but this was pretty simple)

Did anyone from BTS do any form of due diligence on Banx.io before the {ANN} ?
Apparently there was no form of due diligence, so fair enough.

***cut more***

So, yeah, some of my questions got answers, and I'm not going to hold my breath waiting for the remainder.

 
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Thom on June 28, 2015, 08:41:56 pm
https://bitsharestalk.org/index.php/topic,17226.0.html

hey tried to seperate  last discussion from this thread, hope this was in you interest also.. pls let me know if there is better title you want me add!

[member=21490]Thom[/member] [member=36434]Permie[/member]  - pls feel free to change update add like you want.. just tried to clean it up here a bit .. so thread is'n "hijacked" anymore.

Thx for you understanding
c

NP cass, good call.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: ZoeHart on June 29, 2015, 02:25:05 pm
Hi All,  I'm Zoe, Mark Lyford's PA.  Just a brief introduction to say 'Hello' and should you have any marketing or admin queries, consider me the first point of contact and please do not hesitate to get in touch, via email at '[email protected]', or skype at 'zoehartuk' .  I will do everything I can to help you.  Kind regards.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ben Mason on June 29, 2015, 02:29:11 pm
Hey Zoe, welcome!  It's great to have you aboard!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: mint chocolate chip on June 29, 2015, 03:37:33 pm
Good luck Banx, here is a little shout out Banx Capital Joins the BitShares Network (http://bitsharesblog.com/banx-capital-joins-the-bitshares-network/)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 03, 2015, 09:28:58 am
Hi Everyone,

I have been dealing with an issue over the last few days that has effected people in here. To clarify NO private investors EVER deal with any one else when buying Banx other than me. Existing investors sometimes refer people to me who are interested in buying BUT the person in question ALWAYS deals with me, I do the deals on the shares and I pay the shares out from company wallets. Please make this fact known to others who may not be in here.

These issue are all resolved now and I'm super excited to get the change over to Bitshares going and expanding our plans :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on July 03, 2015, 10:18:52 am
Hi All,  I'm Zoe, Mark Lyford's PA.  Just a brief introduction to say 'Hello' and should you have any marketing or admin queries, consider me the first point of contact and please do not hesitate to get in touch, via email at '[email protected]', or skype at 'zoehartuk' .  I will do everything I can to help you.  Kind regards.

Welcome on board!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 03, 2015, 10:31:10 am
Hi All,  I'm Zoe, Mark Lyford's PA.  Just a brief introduction to say 'Hello' and should you have any marketing or admin queries, consider me the first point of contact and please do not hesitate to get in touch, via email at '[email protected]', or skype at 'zoehartuk' .  I will do everything I can to help you.  Kind regards.

Welcome on board!

Thanks Cass, Zoe is here to help with anything needed to move us forward folks :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 07, 2015, 10:05:22 am
New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015 (http://banxcapital.com/banx-update-6th-july-2015)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: xeroc on July 07, 2015, 10:07:41 am
New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015 (http://banxcapital.com/banx-update-6th-july-2015)
hmm .. interesting ..
seems you guys are assuming BitShares 2.0 to be ready by september ..
that would be .. awesome
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 07, 2015, 10:41:23 am
New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015 (http://banxcapital.com/banx-update-6th-july-2015)
hmm .. interesting ..
seems you guys are assuming BitShares 2.0 to be ready by september ..
that would be .. awesome

we hope so ;)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Permie on July 07, 2015, 11:14:05 am
New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015 (http://banxcapital.com/banx-update-6th-july-2015)
Banx in process of migrating to BitShares
Banx lotto new product release
BanxPlatinum release 30th July (Not sure what it is)
Presentation on what Banx is coming soon

Sounds really promising Mark! I am interested but unwilling to identify myself in order to purchase BanxShares.
How are you catering to potential-investors like me?

Can we get an "official" bitAsset that tracks the price of Banx?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 08, 2015, 09:28:29 am
New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015 (http://banxcapital.com/banx-update-6th-july-2015)
Banx in process of migrating to BitShares
Banx lotto new product release
BanxPlatinum release 30th July (Not sure what it is)
Presentation on what Banx is coming soon

Sounds really promising Mark! I am interested but unwilling to identify myself in order to purchase BanxShares.
How are you catering to potential-investors like me?

Can we get an "official" bitAsset that tracks the price of Banx?

Hi Permie

Just go to http://banx.io and buy shares from the market there mate.

and official bitassett will happen when we switch to 2.0
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Permie on July 08, 2015, 09:55:57 am
I see Credit Card payment is coming soon
Are you planning to open a BitAssets gateway?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 08, 2015, 10:07:01 am
I see Credit Card payment is coming soon
Are you planning to open a BitAssets gateway?

yes mate :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on July 08, 2015, 12:02:49 pm
I see Credit Card payment is coming soon
Are you planning to open a BitAssets gateway?

yes mate :)

 +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 08, 2015, 12:24:59 pm
seriously awesome news! partnerships like this just make our network all the more valuable.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MrJeans on July 08, 2015, 04:33:41 pm
New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015 (http://banxcapital.com/banx-update-6th-july-2015)
Banx in process of migrating to BitShares
Banx lotto new product release
BanxPlatinum release 30th July (Not sure what it is)
Presentation on what Banx is coming soon

Sounds really promising Mark! I am interested but unwilling to identify myself in order to purchase BanxShares.
How are you catering to potential-investors like me?

Can we get an "official" bitAsset that tracks the price of Banx?

Hi Permie

Just go to http://banx.io and buy shares from the market there mate.

and official bitassett will happen when we switch to 2.0
Dont get me wrong, I'm all for anti-big-gov.

But wouldn't the autonomous purchase and trade of company stock AND/OR issuing a UIA to represent company stock be in violation of KYC and AML laws.

I am very interested in how this could work from a legal perspective. I also have some thoughts on this I shared here: https://bitsharestalk.org/index.php/topic,17406.0.html
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 08, 2015, 04:51:32 pm
New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015 (http://banxcapital.com/banx-update-6th-july-2015)
Banx in process of migrating to BitShares
Banx lotto new product release
BanxPlatinum release 30th July (Not sure what it is)
Presentation on what Banx is coming soon

Sounds really promising Mark! I am interested but unwilling to identify myself in order to purchase BanxShares.
How are you catering to potential-investors like me?

Can we get an "official" bitAsset that tracks the price of Banx?

Hi Permie

Just go to http://banx.io and buy shares from the market there mate.

and official bitassett will happen when we switch to 2.0
Dont get me wrong, I'm all for anti-big-gov.

But wouldn't the autonomous purchase and trade of company stock AND/OR issuing a UIA to represent company stock be in violation of KYC and AML laws.

I am very interested in how this could work from a legal perspective. I also have some thoughts on this I shared here: https://bitsharestalk.org/index.php/topic,17406.0.html

definitely an issue if done within the USSA. best to keep these p2p IPOs in friendlier jurisdictions until U.S. law catches up to the 21st century (maybe by the 23rd century).
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Murderistic on July 08, 2015, 05:14:13 pm
New Banx Update Video >> http://banxcapital.com/banx-update-6th-july-2015 (http://banxcapital.com/banx-update-6th-july-2015)
Banx in process of migrating to BitShares
Banx lotto new product release
BanxPlatinum release 30th July (Not sure what it is)
Presentation on what Banx is coming soon

Sounds really promising Mark! I am interested but unwilling to identify myself in order to purchase BanxShares.
How are you catering to potential-investors like me?

Can we get an "official" bitAsset that tracks the price of Banx?

Hi Permie

Just go to http://banx.io and buy shares from the market there mate.

and official bitassett will happen when we switch to 2.0
Dont get me wrong, I'm all for anti-big-gov.

But wouldn't the autonomous purchase and trade of company stock AND/OR issuing a UIA to represent company stock be in violation of KYC and AML laws.

I am very interested in how this could work from a legal perspective. I also have some thoughts on this I shared here: https://bitsharestalk.org/index.php/topic,17406.0.html

definitely an issue if done within the USSA. best to keep these p2p IPOs in friendlier jurisdictions until U.S. law catches up to the 21st century (maybe by the 23rd century).

That's the plan.

Don't worry, we have something cool in store that is very much like what you have described.

Are you hiding in my office?    ;)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 08, 2015, 05:23:18 pm
That's the plan.

Don't worry, we have something cool in store that is very much like what you have described.

Are you hiding in my office?    ;)

excellent, well good luck! looking forward to hearing any news updates.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MrJeans on July 08, 2015, 09:38:40 pm
That's the plan.

Don't worry, we have something cool in store that is very much like what you have described.

Are you hiding in my office?    ;)

excellent, well good luck! looking forward to hearing any news updates.
Oh man, now you have to give me some in-site here.
I've really been trying to wrap my head around how this could be done legally.

I am also meeting some some high powered lawyers (which I am lucky/unlucky enough to know) to discuss this stuff on the 21st.

Do your ideas involve any changes in code or are they business structuring ideas. PM me please!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: 38PTSWarrior on July 08, 2015, 10:51:22 pm
+5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 08, 2015, 11:14:03 pm
That's the plan.

Don't worry, we have something cool in store that is very much like what you have described.

Are you hiding in my office?    ;)

excellent, well good luck! looking forward to hearing any news updates.
Oh man, now you have to give me some in-site here.
I've really been trying to wrap my head around how this could be done legally.

I am also meeting some some high powered lawyers (which I am lucky/unlucky enough to know) to discuss this stuff on the 21st.

Do your ideas involve any changes in code or are they business structuring ideas. PM me please!

i'm guessing the fix is to go offshore to a reasonably peaceful jurisdiction. Isle of Man seems friendly enough to crypto...
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 09, 2015, 09:03:07 am
That's the plan.

Don't worry, we have something cool in store that is very much like what you have described.

Are you hiding in my office?    ;)

excellent, well good luck! looking forward to hearing any news updates.
Oh man, now you have to give me some in-site here.
I've really been trying to wrap my head around how this could be done legally.

I am also meeting some some high powered lawyers (which I am lucky/unlucky enough to know) to discuss this stuff on the 21st.

Do your ideas involve any changes in code or are they business structuring ideas. PM me please!

i'm guessing the fix is to go offshore to a reasonably peaceful jurisdiction. Isle of Man seems friendly enough to crypto...

Murderistic & I have a meeting planned soon with a government jurisdiction to address this issue. Watch this space ;)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MrJeans on July 09, 2015, 10:54:05 am
That's the plan.

Don't worry, we have something cool in store that is very much like what you have described.

Are you hiding in my office?    ;)

excellent, well good luck! looking forward to hearing any news updates.
Oh man, now you have to give me some in-site here.
I've really been trying to wrap my head around how this could be done legally.

I am also meeting some some high powered lawyers (which I am lucky/unlucky enough to know) to discuss this stuff on the 21st.

Do your ideas involve any changes in code or are they business structuring ideas. PM me please!

i'm guessing the fix is to go offshore to a reasonably peaceful jurisdiction. Isle of Man seems friendly enough to crypto...

Murderistic & I have a meeting planned soon with a government jurisdiction to address this issue. Watch this space ;)
Great stuff. It would be good to know the outcome.
Wouldnt there still be an issue because you are allowing for the international trade of theses shares/tokens/depository recipes.
Therefore while you may not be conducting illegal activity in that jurisdiction, does it not put you in regulatory hot water on an international level.

Eg. You find a jurisdiction that is happy with everything. You issue shares as crypto currency. They are traded internationally. The US throws a tantrum because the NSA says people are now using the shares to fund terrorism. The next time you go to the US they not so friendly.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 09, 2015, 11:12:18 am
That's the plan.

Don't worry, we have something cool in store that is very much like what you have described.

Are you hiding in my office?    ;)

excellent, well good luck! looking forward to hearing any news updates.
Oh man, now you have to give me some in-site here.
I've really been trying to wrap my head around how this could be done legally.

I am also meeting some some high powered lawyers (which I am lucky/unlucky enough to know) to discuss this stuff on the 21st.

Do your ideas involve any changes in code or are they business structuring ideas. PM me please!

i'm guessing the fix is to go offshore to a reasonably peaceful jurisdiction. Isle of Man seems friendly enough to crypto...

Murderistic & I have a meeting planned soon with a government jurisdiction to address this issue. Watch this space ;)
Great stuff. It would be good to know the outcome.
Wouldnt there still be an issue because you are allowing for the international trade of theses shares/tokens/depository recipes.
Therefore while you may not be conducting illegal activity in that jurisdiction, does it not put you in regulatory hot water on an international level.

Eg. You find a jurisdiction that is happy with everything. You issue shares as crypto currency. They are traded internationally. The US throws a tantrum because the NSA says people are now using the shares to fund terrorism. The next time you go to the US they not so friendly.

Well the theory is that a digital block chain asset is no difference to a bearer share, which some jurisdictions still have, (bearer share being an instrument that is on its own verification of company ownership)

The US already don't like mate mate ;)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Erlich Bachman on July 09, 2015, 11:49:16 am
Wouldnt there still be an issue because you are allowing for the international trade of theses shares/tokens/depository recipes.
Therefore while you may not be conducting illegal activity in that jurisdiction, does it not put you in regulatory hot water on an international level.

Eg. You find a jurisdiction that is happy with everything. You issue shares as crypto currency. They are traded internationally. The US throws a tantrum because the NSA says people are now using the shares to fund terrorism. The next time you go to the US they not so friendly.

The public smartchain is human government - humans governing themselves with math as the incorruptible judge.  Legacy governments, and privately controlled smartchains  are welcome to compete with the human smartchain, but only the strong will survive.  Competition is the nature of nature, and humans competing with computers has a predictable outcome.

BitShares - The Human Smartchain
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 09, 2015, 12:10:14 pm
Great stuff. It would be good to know the outcome.
Wouldnt there still be an issue because you are allowing for the international trade of theses shares/tokens/depository recipes.
Therefore while you may not be conducting illegal activity in that jurisdiction, does it not put you in regulatory hot water on an international level.

Eg. You find a jurisdiction that is happy with everything. You issue shares as crypto currency. They are traded internationally. The US throws a tantrum because the NSA says people are now using the shares to fund terrorism. The next time you go to the US they not so friendly.

yes, i think that's absolutely the case...there are plenty of less violent jurisdictions than the USSA that would allow operation of a blockchain business issuing tokens, but the U.S. government would still consider itself capable of ordering you to stop, collect information on every transaction and person, etc. i would say that they would just try to make your life miserable by seizing any U.S.-based assets or assets in allied countries, and abducting you if you ever crossed back into their turf; however, i wouldn't put it past some of the more violent bureaucrats from hatching a plan to abduct you while abroad.

BOTTOM LINE: there are plenty of very violent people in power who think they own you. tread carefully!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 09, 2015, 12:11:45 pm
The public smartchain is human government - humans governing themselves with math as the incorruptible judge.  Legacy governments, and privately controlled smartchains  are welcome to compete with the human smartchain, but only the strong will survive.  Competition is the nature of nature, and humans competing with computers has a predictable outcome.

BitShares - The Human Smartchain

love it!  +5% +5% +5%

technology and advancing civilization is teaching humans how to govern themselves...hopefully it doesn't take too much longer before more people realize how obsolete most aspects of the state have become.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ben Mason on July 09, 2015, 01:30:48 pm
The public smartchain is human government - humans governing themselves with math as the incorruptible judge.  Legacy governments, and privately controlled smartchains  are welcome to compete with the human smartchain, but only the strong will survive.  Competition is the nature of nature, and humans competing with computers has a predictable outcome.

BitShares - The Human Smartchain

love it!  +5% +5% +5%

technology and advancing civilization is teaching humans how to govern themselves...hopefully it doesn't take too much longer before more people realize how obsolete most aspects of the state have become.

 +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MrJeans on July 09, 2015, 02:30:30 pm
Great stuff. It would be good to know the outcome.
Wouldnt there still be an issue because you are allowing for the international trade of theses shares/tokens/depository recipes.
Therefore while you may not be conducting illegal activity in that jurisdiction, does it not put you in regulatory hot water on an international level.

Eg. You find a jurisdiction that is happy with everything. You issue shares as crypto currency. They are traded internationally. The US throws a tantrum because the NSA says people are now using the shares to fund terrorism. The next time you go to the US they not so friendly.

yes, i think that's absolutely the case...there are plenty of less violent jurisdictions than the USSA that would allow operation of a blockchain business issuing tokens, but the U.S. government would still consider itself capable of ordering you to stop, collect information on every transaction and person, etc. i would say that they would just try to make your life miserable by seizing any U.S.-based assets or assets in allied countries, and abducting you if you ever crossed back into their turf; however, i wouldn't put it past some of the more violent bureaucrats from hatching a plan to abduct you while abroad.

BOTTOM LINE: there are plenty of very violent people in power who think they own you. tread carefully!
Yes, this would be my concern.
If it can be proven that you are engaging US based customers/users, then they will enforce their laws on your operation.

My suggestion would be to exclude users from the US or at least the State of New York (as many other Bitcoin companies are doing). However this will involve white listing to ensure people are not from countries that would want to ban this activity. And that would start defeating the point of crypto.

Maybe this restriction can be done at an IP level, where people from the US, Russia etc are not allowed to access certain parts of your website. If users then go around you and purchase Banx shares in a decentralized way, well then you can atleast say you tried your best to prevent that.

(Its funny how I just grouped the US with Russia)

EDIT: redirect them here  ;D   http://pleaseprotectconsumers.org/
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 09, 2015, 02:35:28 pm
Great stuff. It would be good to know the outcome.
Wouldnt there still be an issue because you are allowing for the international trade of theses shares/tokens/depository recipes.
Therefore while you may not be conducting illegal activity in that jurisdiction, does it not put you in regulatory hot water on an international level.

Eg. You find a jurisdiction that is happy with everything. You issue shares as crypto currency. They are traded internationally. The US throws a tantrum because the NSA says people are now using the shares to fund terrorism. The next time you go to the US they not so friendly.

yes, i think that's absolutely the case...there are plenty of less violent jurisdictions than the USSA that would allow operation of a blockchain business issuing tokens, but the U.S. government would still consider itself capable of ordering you to stop, collect information on every transaction and person, etc. i would say that they would just try to make your life miserable by seizing any U.S.-based assets or assets in allied countries, and abducting you if you ever crossed back into their turf; however, i wouldn't put it past some of the more violent bureaucrats from hatching a plan to abduct you while abroad.

BOTTOM LINE: there are plenty of very violent people in power who think they own you. tread carefully!
Yes, this would be my concern.
If it can be proven that you are engaging US based customers/users, then they will enforce their laws on your operation.

My suggestion would be to exclude users from the US or at least the State of New York (as many other Bitcoin companies are doing). However this will involve white listing to ensure people are not from countries that would want to ban this activity. And that would start defeating the point of crypto.

Maybe this restriction can be done at an IP level, where people from the US, Russia etc are not allowed to access certain parts of your website. If users then go around you and purchase Banx shares in a decentralized way, well then you can atleast say you tried your best to prevent that.

(Its funny how I just grouped the US with Russia)

lol you're right to group the U.S. with Russia in this case, which is very sad...

i agree with your IP level exclusion recommendation. savvy USSA subjects will bypass anyway with a good VPN, but at least putting that restriction in place should comply with some of the innumerable/incomprehensible orders.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 21, 2015, 02:14:25 pm
Hi Folks

Here is the link to our Banx Promo video: https://vimeo.com/133425780 (https://vimeo.com/133425780)

Please note this is a private video for private investors use only and not to be shared.

Any questions let me know

Thanks

Mark
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: xeroc on July 21, 2015, 02:16:57 pm
NIce exposure for BTS2.0 .. Thank your for that!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 21, 2015, 02:36:28 pm
pleasure mate, more videos featuring BTS 2.0 will be coming out shortly
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 21, 2015, 02:46:01 pm
great video, esp love the Bitshares 2.0 discussion [starts ~13:00]. thanks for sharing!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Ben Mason on July 21, 2015, 02:47:50 pm
It was great to learn more about Banx.....excellent video
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 21, 2015, 02:54:43 pm
lol I actually screwed up and meant to share this video : https://vimeo.com/125272899

That previous video is our private investor presentation, but on reflection I guess its good for you guys to see what we are doing, so I will leave it up :)

Thanks

Mark
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 21, 2015, 03:01:04 pm
lol I actually screwed up and meant to share this video : https://vimeo.com/125272899

That previous video is our private investor presentation, but on reflection I guess its good for you guys to see what we are doing, so I will leave it up :)

Thanks

Mark

ha! well, now i feel special
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 21, 2015, 03:04:45 pm
"the first government to legally recognize a digital asset"

that's pretty deep

Thats what I am aiming for mate ...
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Akado on July 21, 2015, 04:54:19 pm
I'm impressed, loved the video. We need one like this for BitShares  +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 21, 2015, 06:38:10 pm
I'm impressed, loved the video. We need one like this for BitShares  +5%

My video guy David is good. We were actually thinking we should offer a service for crypto companies using his skills :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 27, 2015, 10:30:36 am
Hi Everyone,

I'm pleased to announce we have two markets for BTS on Banx.io now:

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

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

Thanks

Mark
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on July 27, 2015, 10:47:25 am
Hi Everyone,

I'm pleased to announce we have two markets for BTS on Banx.io now:

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

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

Thanks


Mark

do you pay banx dividends in bitshares too? is it an option?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 27, 2015, 12:11:34 pm
Hi Everyone,

I'm pleased to announce we have two markets for BTS on Banx.io now:

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

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

Thanks


Mark

do you pay banx dividends in bitshares too? is it an option?

No fav, not at present
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: BunkerChainLabs-DataSecurityNode on July 27, 2015, 01:26:30 pm
Hi Everyone,

I'm pleased to announce we have two markets for BTS on Banx.io now:

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

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

Thanks

Mark

I assume you meant to share the 1st link as: https://www.banx.io/trade?c=BTS&p=BTC (not BANX) :)

This is good news.. another on/off ramp for BTS and an easy pathway for bitshares holders who want to hold BANX as well.

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cass on July 27, 2015, 04:29:48 pm
Hi Everyone,

I'm pleased to announce we have two markets for BTS on Banx.io now:

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

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

Thanks

Mark
This is good news.. another on/off ramp for BTS and an easy pathway for bitshares holders who want to hold BANX as well.

indeed

Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 27, 2015, 04:38:29 pm
Hi Everyone,

I'm pleased to announce we have two markets for BTS on Banx.io now:

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

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

Thanks

Mark

I assume you meant to share the 1st link as: https://www.banx.io/trade?c=BTS&p=BTC (not BANX) :)

This is good news.. another on/off ramp for BTS and an easy pathway for bitshares holders who want to hold BANX as well.


Apologies , indeed , I have corrected the error :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: speedy on July 27, 2015, 08:54:42 pm
Mark Im still trying to understand the details of how youre integrating with the BTS network.

Are you going to issue UIA assets on BitShares to represent your altcoin deposits, and then people will trade them either via your current website or via the BitShares wallet? Or are you completely moving over to the new BitShares web wallet (when its ready) and customizing it with your own brand etc?

And how exactly would you use the market pegged assets?

Sorry if this has been covered before somewhere.

Thanks Mark.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 28, 2015, 09:34:06 am
Mark Im still trying to understand the details of how youre integrating with the BTS network.

Are you going to issue UIA assets on BitShares to represent your altcoin deposits, and then people will trade them either via your current website or via the BitShares wallet? Or are you completely moving over to the new BitShares web wallet (when its ready) and customizing it with your own brand etc?


We will actually be doing both of the above Speedy :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MrJeans on July 28, 2015, 07:29:08 pm
"the first government to legally recognize a digital asset"

that's pretty deep

Thats what I am aiming for mate ...
Sorry to keep harping on about this. I'm really interested to see how it will work out.

Would it not cause more issues if the legal entity issuing the digital assets is in a country where the digital assets are legally recognized. Because then you will be allowing the anonymous trade of legally recognized assets and you wont be monitoring users/customers for activity and therefore cannot comply with reporting standards, AML, KYC regulations and laws.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 29, 2015, 02:57:12 pm
"the first government to legally recognize a digital asset"

that's pretty deep

Thats what I am aiming for mate ...
Sorry to keep harping on about this. I'm really interested to see how it will work out.

Would it not cause more issues if the legal entity issuing the digital assets is in a country where the digital assets are legally recognized. Because then you will be allowing the anonymous trade of legally recognized assets and you wont be monitoring users/customers for activity and therefore cannot comply with reporting standards, AML, KYC regulations and laws.

there's going to be some pain here while the world's legal systems play catchup with the new crypto reality. good luck to all the first movers here and early investors willing to take some risk.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on July 30, 2015, 08:15:46 am
"the first government to legally recognize a digital asset"

that's pretty deep

Thats what I am aiming for mate ...
Sorry to keep harping on about this. I'm really interested to see how it will work out.

Would it not cause more issues if the legal entity issuing the digital assets is in a country where the digital assets are legally recognized. Because then you will be allowing the anonymous trade of legally recognized assets and you wont be monitoring users/customers for activity and therefore cannot comply with reporting standards, AML, KYC regulations and laws.

there's going to be some pain here while the world's legal systems play catchup with the new crypto reality. good luck to all the first movers here and early investors willing to take some risk.

We have only ever sold Banx shares to private investors and we are UK and Hong Kong based.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: cylonmaker2053 on July 30, 2015, 03:56:19 pm
We have only ever sold Banx shares to private investors and we are UK and Hong Kong based.

great idea, i didn't realize shares are restricted to private investors, given the listing on coinmarketcap. that ought to be more than sufficient to keep you on the right side of the regulators.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: santaclause102 on July 31, 2015, 10:33:16 pm
Marc,

first of all, great to have you here!  +5%

Looking at your website banxcapital.com, there are lots of different services related to crypto. Is there one things that ties them all together? Does offering such a variety of services make each of the offerings better / more efficient?
Specialization always makes sense if there is not zero competition... But maybe there is a reason why this doesn't apply here?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on August 01, 2015, 09:55:16 am
Marc,

first of all, great to have you here!  +5%

Looking at your website banxcapital.com, there are lots of different services related to crypto. Is there one things that ties them all together? Does offering such a variety of services make each of the offerings better / more efficient?
Specialization always makes sense if there is not zero competition... But maybe there is a reason why this doesn't apply here?

Morning deludo . Watch this video if you have time, that will tell you more about the vision :) >> https://vimeo.com/133425780 (https://vimeo.com/133425780)

Thanks

Mark
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: santaclause102 on August 09, 2015, 12:42:11 am
Marc,

first of all, great to have you here!  +5%

Looking at your website banxcapital.com, there are lots of different services related to crypto. Is there one things that ties them all together? Does offering such a variety of services make each of the offerings better / more efficient?
Specialization always makes sense if there is not zero competition... But maybe there is a reason why this doesn't apply here?

Morning deludo . Watch this video if you have time, that will tell you more about the vision :) >> https://vimeo.com/133425780 (https://vimeo.com/133425780)

Thanks

Mark
I would be interested in your answer :)
But I don't have the patience to wait until the video gets to the relevant point and I can't forward it!
And how does this http://banxplatinum.com/ play into it? What is the purpose of videos you can't forward and a text that would require hours to read in order to pay hundreds of dollars where you in the end still only know that you get "information"? Maybe I am wrong on the latter since I didn't read the text...
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Krills on August 30, 2015, 05:51:49 am
dead project.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Riverhead on August 30, 2015, 10:55:17 am
dead project.

You should study Newmine's posts to learn now to do this properly :).
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on September 01, 2015, 09:10:29 am
dead project.

Sorry? We stated we are waiting to move to the new 2.0 system when its available.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: lakerta06 on September 01, 2015, 11:50:06 am
dead project.

Sorry? We stated we are waiting to move to the new 2.0 system when its available.

newmine and krills, they are the trolls. that stated, i must give some credit to newmine, he/she sometimes makes reasonable statements.

check last posts of Krills tho:

https://bitsharestalk.org/index.php?action=profile;area=showposts;u=36879 (https://bitsharestalk.org/index.php?action=profile;area=showposts;u=36879)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on September 02, 2015, 11:33:32 am
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: lakerta06 on September 02, 2015, 12:10:23 pm
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

I am so sorry for the off topic comment but:

Anybody who thinks he kind of looks like Matt Damon?? :D
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on September 02, 2015, 04:14:02 pm
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

you're missing the affiliate program details in your post btw
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: fav on September 02, 2015, 05:08:33 pm
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

you're missing the affiliate program details in your post btw

found it, revenuebank.com - what I find very irritating is that there is no payout in a crypto currency. it's the wrong platform in my opinion, at least if you want crypto crowd market for you.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: BunkerChainLabs-DataSecurityNode on September 02, 2015, 07:24:38 pm
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

I am so sorry for the off topic comment but:

Anybody who thinks he kind of looks like Matt Damon?? :D

(http://www.kappit.com/img/pics/201412_0335_fbgib_sm.jpg)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: 21xhipster on September 07, 2015, 02:00:48 pm
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

Mark! Why do you need 6 screens that display exactly the same information?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: tonyk on September 07, 2015, 02:18:41 pm
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

Mark! Why do you need 6 screens that display exactly the same information?

Hey, there are 6 of them for the idiots like me with extremely short attention span - so we can get the point.  But even that did not work - I was watching that damn loose parrot the whole time.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: 21xhipster on September 10, 2015, 11:16:22 pm
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

Mark! Why do you need 6 screens that display exactly the same information?

Hey, there are 6 of them for the idiots like me with extremely short attention span - so we can get the point.  But even that did not work - I was watching that damn loose parrot the whole time.

:-) I try to convince myself that Banx is not a scheme, but every time something bad happens. Uncontrolled supply. Zero transparency. And bang - 6 (!). I suppose that is the answer.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on September 11, 2015, 07:28:16 am
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

I am so sorry for the off topic comment but:

Anybody who thinks he kind of looks like Matt Damon?? :D

It's been said before :) Maybe his fatter uncle ? :)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on September 11, 2015, 07:29:40 am
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

you're missing the affiliate program details in your post btw

found it, revenuebank.com - what I find very irritating is that there is no payout in a crypto currency. it's the wrong platform in my opinion, at least if you want crypto crowd market for you.


We are working on it.  Within the next few months we will have crypto payouts for all affiliates on RevenueBank.com ;)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on September 11, 2015, 07:30:36 am
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

Mark! Why do you need 6 screens that display exactly the same information?

Different markets / exchanges / pairs mate ;)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on September 11, 2015, 07:31:22 am
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

Mark! Why do you need 6 screens that display exactly the same information?

Hey, there are 6 of them for the idiots like me with extremely short attention span - so we can get the point.  But even that did not work - I was watching that damn loose parrot the whole time.

lol
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: MarkLyford on September 11, 2015, 07:32:46 am
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

Mark! Why do you need 6 screens that display exactly the same information?

Hey, there are 6 of them for the idiots like me with extremely short attention span - so we can get the point.  But even that did not work - I was watching that damn loose parrot the whole time.

:-) I try to convince myself that Banx is not a scheme, but every time something bad happens. Uncontrolled supply. Zero transparency. And bang - 6 (!). I suppose that is the answer.

Feel free to add me on skype ID mjlyford , lets have a call, ask me anything
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: 21xhipster on September 11, 2015, 08:57:49 am
New Banx Update Folks :) >> http://banxcapital.com/banx-update-2nd-aug-2015/ (http://banxcapital.com/banx-update-2nd-aug-2015/)

Mark! Why do you need 6 screens that display exactly the same information?

Hey, there are 6 of them for the idiots like me with extremely short attention span - so we can get the point.  But even that did not work - I was watching that damn loose parrot the whole time.

:-) I try to convince myself that Banx is not a scheme, but every time something bad happens. Uncontrolled supply. Zero transparency. And bang - 6 (!). I suppose that is the answer.

Feel free to add me on skype ID mjlyford , lets have a call, ask me anything
I already asked :-)
I have 3 questions concerning your scheme:
1. Explain regular issuance of Banx Shares. I didn't find this info anywhere
2. Prove (oh yeah - show transactions) that dividends was not paid from selling issued tokens
3. And after this I'd like to hear your story about 6 screens by skype
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: EvilDave on October 14, 2015, 11:15:31 am
Maybe I'm just doing this wrong, but why are there no recent posts about BanxShares anywhere to be found ?
I'd have expected at least some reaction from within the BTS community about the situation, even if was only about how cruel the nasty Nxters are....... ;)
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: santaclause102 on October 14, 2015, 11:51:05 am
Maybe I'm just doing this wrong, but why are there no recent posts about BanxShares anywhere to be found ?
I'd have expected at least some reaction from within the BTS community about the situation, even if was only about how cruel the nasty Nxters are....... ;)
I have no reason to assume that there is some kind of direct fraud involved but the style and the way of selling something like www.banxplatinum.com is totally inappropriate for a Bitshares "partner". By style of selling i mean that you can't  fast forward videos, claiming knowing for certain that Bitcoin will go to the moon, treatening potential customers with "if you don't buy this you will loose the opportunity of the century", bluntly and speculatively overstating things, walls of text without saying what specifically the added value is etc. It's just not worthy to be associated with of a business like Bitshares that tries to bring transparent and measurable added value to people. And the most important part is this: It doesnt even matter what I think about it personally, it is enough that it will shed a negative light on Bitshares / CNX and it's ability to choose "honerable partners". There is a public perception that a busniess is not honerable if it applies sales strategies like the ones described above.
Again, the product may even work! I have no idea. My point is just that the WAY it is sold will shed a negative light on Bitshares because Banx is perceived as a "partner".

I have no reason to assume that the owner of Banx, Mark, does not have the intentions to stick to the specific / measurable promises he made to those he makes business with (his partners and customers) - why should I think differently? But that has to be kept separate from the subjective issues desribed above. Now I think that such critique of subjective matters is justified BECAUSE Banx is presented as a Bitshares "partner"  (and not just as a random business that uses the offerings of the Bitshares exchange network which any business can) - otherwise I wouldnt mind at all. 

My specific request for action to Mark: Please either say that you are just a random business utilizing the bitshares exchange network (not a general business partner) or sell by being transparent and not by being intransparent (the banxplatinum offering is an example of selling through intransparency combined with hope).

This is just my own personal opinion as a member of the Bitshares community about which I care.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: xeroc on October 14, 2015, 12:02:25 pm
Maybe I'm just doing this wrong, but why are there no recent posts about BanxShares anywhere to be found ?
I'd have expected at least some reaction from within the BTS community about the situation, even if was only about how cruel the nasty Nxters are....... ;)
BitShares is a network anyone is free to use .. Banx can do with the blockchain what ever they desire so do you and me and anyone else ...
"Partnering" with another project really only means .. "hey guys .. they want to use our blockchain" .. nothing more ..
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: EvilDave on October 14, 2015, 12:14:45 pm
+1 to delulo......most of that fits with my position on Banx, though I've definitely taken a step further.  8)




Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: kenCode on October 14, 2015, 12:46:35 pm
 +5% @delulo
The word "Partner" to me is a legal term.
 
Mark, please definitely change your verbage to something like "is/am/are working with BitShares".
 
The only real "Partners" that BitShares (a DAC) has really is a blockchain. Without it, neither would profit.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: santaclause102 on October 14, 2015, 01:30:45 pm
+5% @delulo
The word "Partner" to me is a legal term.
 
Mark, please definitely change your verbage to something like "is/am/are working with BitShares".
 
The only real "Partners" that BitShares (a DAC) has really is a blockchain. Without it, neither would profit.
The wording that makes the relationship passiv on the side of Bitshares and CNX would be: "Company xy is making use of the Bitshares blockchain". This way Bitshares and the software dev. company that provides the Software for Bitshares is perceived as a neutral.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: EvilDave on October 14, 2015, 05:35:14 pm
+5% @delulo
The word "Partner" to me is a legal term.
 
Mark, please definitely change your verbage to something like "is/am/are working with BitShares".
 
The only real "Partners" that BitShares (a DAC) has really is a blockchain. Without it, neither would profit.

Yup, thats me agreeing with Ken there, for the first time ever.
Partner is a very loaded term, it implies both a genuine 2-way relationship and  mutual approval/endorsement.

Maybe I have a better view on this than BTS insiders, but the overall message that Stan (and others) have been pushing to the non-BTS world is that the relationship between BTS and Banx (or BTS and the other partners) is a solid business partnership. What I read here makes that implied relationship somewhat more ambiguous, but not everyone will bother to come here and check stuff out..

Given my current relationship with Banx, I'd love to see some sort of definition of the extent of BTS commitment to Banx (and vice versa).
If Banx was a prospective Nxt project, the Nxt community would have due diligenced Banx to pieces very quickly  (well, we did anyway, you can thank us later).
An open platform is all very well, but there needs to be a balance between open access and encouraging dubious schemes.
Nxt has evolved a pretty effective community based defense against projects from bad actors, and (imho) BTS needs to develop similar defenses, or at least avoid enthusiastically endorsing projects without subjecting them to some serious due diligence research.

Heres the main "Banx, do not want" thread on BTT, if anyone hasn't seen it yet:
https://bitcointalk.org/index.php?topic=1181883.0

 
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: CLains on October 14, 2015, 05:53:51 pm
+5% @delulo
The word "Partner" to me is a legal term.
 
Mark, please definitely change your verbage to something like "is/am/are working with BitShares".
 
The only real "Partners" that BitShares (a DAC) has really is a blockchain. Without it, neither would profit.

Yup, thats me agreeing with Ken there, for the first time ever.
Partner is a very loaded term, it implies both a genuine 2-way relationship and  mutual approval/endorsement.

Maybe I have a better view on this than BTS insiders, but the overall message that Stan (and others) have been pushing to the non-BTS world is that the relationship between BTS and Banx (or BTS and the other partners) is a solid business partnership. What I read here makes that implied relationship somewhat more ambiguous, but not everyone will bother to come here and check stuff out..

Given my current relationship with Banx, I'd love to see some sort of definition of the extent of BTS commitment to Banx (and vice versa).
If Banx was a prospective Nxt project, the Nxt community would have due diligenced Banx to pieces very quickly  (well, we did anyway, you can thank us later).
An open platform is all very well, but there needs to be a balance between open access and encouraging dubious schemes.
Nxt has evolved a pretty effective community based defense against projects from bad actors, and (imho) BTS needs to develop similar defenses, or at least avoid enthusiastically endorsing projects without subjecting them to some serious due diligence research.

Heres the main "Banx, do not want" thread on BTT, if anyone hasn't seen it yet:
https://bitcointalk.org/index.php?topic=1181883.0

The BitShares blockchain is an autonomous entity, so it's like partnering with a vending machine (referral system) owned by no one. It's an entirely new thing. Partner is just a metaphor - like coin and shares - that was used to describe the relationship.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Method-X on October 14, 2015, 06:03:03 pm
Drop this guy. Do not associate yourself with him. He put this "membership" on clickbank? WTF...
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: Pheonike on October 14, 2015, 06:24:50 pm
What is the difference between a "Partner"  , "Client" , "Customer" if we are using the company metaphor to describe Bitshares?
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: DMo09 on October 14, 2015, 06:31:02 pm
What is the difference between a "Partner"  , "Client" , "Customer" if we are using the company metaphor to describe Bitshares?

The difference is perception. If a scam artist is officially "partnered" with Bts, that is a big hole that is hard to climb out of! Especially when Bts is already trying to climb out of it's own public perception hole!
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: proctologic on October 14, 2015, 11:30:17 pm
 +5% +5% +5% +5% +5% +5% +5% +5% +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: liondani on October 15, 2015, 12:17:57 am
worth reading...

https://bitsharestalk.org/index.php/topic,19018.msg244707.html#msg244707
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: sudo on February 26, 2016, 04:37:42 am
System Messages

ByronP(2016/2/12)
SITE UPDATE: All trading and markets will be closed on Feb 20th, the exchange will be completely closing on Feb 29th. BANX holders will be able to claim there BANX on the BTS network. More information will be coming soon.


https://www.banx.io/


Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: ebit on February 26, 2016, 04:45:07 am
 +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: xeroc on February 26, 2016, 07:22:19 am
System Messages

ByronP(2016/2/12)
SITE UPDATE: All trading and markets will be closed on Feb 20th, the exchange will be completely closing on Feb 29th. BANX holders will be able to claim there BANX on the BTS network. More information will be coming soon.


https://www.banx.io/
That's at least way better than what mcxnow did with their internal shares .. everyone bought them for 0.4 BTC and they closed down their exchange 3 months later ..
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: ByronP on March 04, 2016, 01:42:27 pm
Taking it up the ass on MCXNOW was the final push that got me into making an exchange. Funny how all things tie together to form a long chain of events and there unintended side effects. Banx.io will be back up within a few day(fingers crossed). I have been working on updating some of the backend functions which is why it is offline. Since the exchange itself received many positive reviews and people felt safe knowing I was watching over them, Mark and I sat down and worked out keeping it open to mutual satisfaction. Please note that Banx.io IS NOT BANX the coin or whatever you want to call it. The exchange is and has always been under my umbrella and is one of the only exchanges to never have been breached (although I bungle things up once in a while lol).

Banx.io was Atomic-Trade which I made to provide a safe and transparent place for people to trade after the scams of MTGOX and MCXNOW, which for the past 3 years it has successfully done. So you may not like Mark or his coin but you can't deny that the exchange and myself have always done the utmost to stay true to the original goal. You don't have to like Mark but what I can tell you with 100% certainty is that he has no intention of scamming anyone and while he may not meet his goals, he always tries his best. I will say that the path to hell is paved with good intentions however that is only if you choose to take that path which Mark could have but instead is taking the harder uphill road, which I think earns him a little bit of leeway on the things that have not panned out. We have all had projects that have not met expectations and Mark is still pushing forward which is more than what 99% of people do. He is not bailing, ditching or jumping ship, instead he is doing what any good business does and is realigning to his strengths.

This is just my 2 cents. I was not paid or asked to say or write this. I actually didn't even intend to write this, I just started writing (doh). I am not a Banx employee, I am not related to anyone who is. I am a contractor for Banx in that I run and host the exchange and it's servers. Of which I do not make a profit only cover costs. If I had a problem with Mark / Banx or thought he intended to rip anyone off I would be more than happy to say so.

Side Note: BANX is on the BTS chain and holders will be free to do as they please once I am done my work on the exchange they will be available with complete freedom.
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: kenCode on March 04, 2016, 02:05:00 pm
Taking it up the ass on MCXNOW was the final push that got me into making an exchange. Funny how all things tie together to form a long chain of events and there unintended side effects. Banx.io will be back up within a few day(fingers crossed). I have been working on updating some of the backend functions which is why it is offline. Since the exchange itself received many positive reviews and people felt safe knowing I was watching over them, Mark and I sat down and worked out keeping it open to mutual satisfaction. Please note that Banx.io IS NOT BANX the coin or whatever you want to call it. The exchange is and has always been under my umbrella and is one of the only exchanges to never have been breached (although I bungle things up once in a while lol).

Banx.io was Atomic-Trade which I made to provide a safe and transparent place for people to trade after the scams of MTGOX and MCXNOW, which for the past 3 years it has successfully done. So you may not like Mark or his coin but you can't deny that the exchange and myself have always done the utmost to stay true to the original goal. You don't have to like Mark but what I can tell you with 100% certainty is that he has no intention of scamming anyone and while he may not meet his goals, he always tries his best. I will say that the path to hell is paved with good intentions however that is only if you choose to take that path which Mark could have but instead is taking the harder uphill road, which I think earns him a little bit of leeway on the things that have not panned out. We have all had projects that have not met expectations and Mark is still pushing forward which is more than what 99% of people do. He is not bailing, ditching or jumping ship, instead he is doing what any good business does and is realigning to his strengths.

This is just my 2 cents. I was not paid or asked to say or write this. I actually didn't even intend to write this, I just started writing (doh). I am not a Banx employee, I am not related to anyone who is. I am a contractor for Banx in that I run and host the exchange and it's servers. Of which I do not make a profit only cover costs. If I had a problem with Mark / Banx or thought he intended to rip anyone off I would be more than happy to say so.

Side Note: BANX is on the BTS chain and holders will be free to do as they please once I am done my work on the exchange they will be available with complete freedom.

 +5% +5% +5% +5% +5%
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: infovortice2013 on March 04, 2016, 02:25:38 pm
yeah for this i hope will be an official bulleting board with all specs of all listed

at time bitshares will be discovered by a lot of people, be sure this throuble will happen a lot but with people that never come to forum to say hi or present,
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: ag on May 25, 2016, 07:25:19 pm
In conclusion...

Quote from: https://bitcointalk.org/index.php?topic=813191.msg14623709#msg14623709
Today is a sad day, a day that I never wanted to see happen but none the less the day has had to come. I announce that Banx is closing down. I have previously said that intention is everything and its always been my intention to do the right thing and grow Banx into a worldwide crypto currency business but after 2 years of extremely hard work I have done everything I can and personally cannot support the business any more. I have had to let all of my employees go together with the offices over the last few months.

There simply is no support any more for this kind of business. I believe the industry wasn’t ready for it and the funding is not available any further. I think its indicative of the crypto currency industry of not only the troll type behaviour that I have endured over the last few months and I also think that banks and governments are not ready to accept the type of business that Banx is. It’s cost a lot of time and money trying to make this a viable legitimate business and its just not possible any more with the cruet climate in the industry.

Thanks to everyone that has supported me I appreciate it from the bottom of my heart and I am really sorry how this has happened and how this final chapter has played out.

All further communications need to be directed to [email protected] This is the only communication channel that will be monitored.

To all all of the people, friends, family and business associates who have supported me with this business you will all have received a personal email from me prior to this announcement. Please check your emails that I have on file for you.

Once again, it’s a sad day, I apologise to everyone that I have tried my best but I can do no more.

Best Regards

Mark Lyford
Title: Re: [ANN] BANX Capital Joins BitShares Exchange Network
Post by: sudo on May 27, 2016, 04:09:45 am
one year