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General Discussion / Re: Article on Banx
« on: October 29, 2015, 06:56:39 pm »
Maybe.....could also be that I just have a very bad reaction to the concept of religious belief. 
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General Discussion / Re: Article on Banx
« on: October 29, 2015, 06:00:36 pm »
Someone recently told me that in the US, kids get tought that earth was made by god in 7 days even though academia knows better. Which one to trust?
What ever the masses tell you or what every those that you trust tell you? From an outside perspective (not knowing about what is true and what is not) .. the questions is not answered easily.
Really ? Which one to trust ? Is there any doubt in your mind about the science vs skybeard issue ?
And what does that have to do with Banx, apart from the general theme of believing in stupid things ?
You should form opinions based on your own research, not purely on what people tell you.
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General Discussion / Re: Article on Banx
« on: October 29, 2015, 02:52:16 pm »
So, no-one actually did any research into Banx or Mark L ?
But you're quite happy to have a go at anyone who points out the massive range of red flags that Banx provides.
Open your eyes, ffs, some of you guys are like turkeys voting for Christmas....we've already established that Banx is a sham and even Mark has confirmed that it generates no actual income.
The dividends are paid out of Marks earnings selling marketing products on www.jvzoo.com:
https://bitcointalk.org/index.php?topic=1181883.msg12703290#msg12703290
BTW: I reserve the right to laugh like a drain when Banx blows up.....
But you're quite happy to have a go at anyone who points out the massive range of red flags that Banx provides.
Open your eyes, ffs, some of you guys are like turkeys voting for Christmas....we've already established that Banx is a sham and even Mark has confirmed that it generates no actual income.
The dividends are paid out of Marks earnings selling marketing products on www.jvzoo.com:
https://bitcointalk.org/index.php?topic=1181883.msg12703290#msg12703290
BTW: I reserve the right to laugh like a drain when Banx blows up.....
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General Discussion / Re: Article on Banx
« on: October 14, 2015, 06:29:03 pm »
Hey, Ian !
I've also made a couple of attempts at getting the BTS side of the Banx story, but it's still more than a bit ambiguous.
There are definitely elements of the BTS community who aren't on board with Banx at all, but we also have the CEO/COO/boss dude enthusiastically announcing their partnership with Banx all over the place, especially on BTT.
I've seen Ian work over the last 18 months or so, and while his style may need tidying, I'm pretty confident that his integrity doesn't.
Marks idiotic accusations about Nxt bribing Ian to write this piece are just that, idiotic. Nxt has nothing real to gain by giving Banx a kicking, and we wouldn't waste hard earned cash on bribing journo's to investigate....(and if we wanted to damage BTS, simply letting Mark roll with it would be a most effective method).
I want to see honest and transparent crypto-currency projects succeed, it's the only way to get genuine adoption. Every investor who gets scammed by a bad project is one less crypto adopter in the long term and so it is in the best interests of every legitimate project in crypto to work together to kick out the bad actors.
I've also made a couple of attempts at getting the BTS side of the Banx story, but it's still more than a bit ambiguous.
There are definitely elements of the BTS community who aren't on board with Banx at all, but we also have the CEO/COO/boss dude enthusiastically announcing their partnership with Banx all over the place, especially on BTT.
I've seen Ian work over the last 18 months or so, and while his style may need tidying, I'm pretty confident that his integrity doesn't.
Marks idiotic accusations about Nxt bribing Ian to write this piece are just that, idiotic. Nxt has nothing real to gain by giving Banx a kicking, and we wouldn't waste hard earned cash on bribing journo's to investigate....(and if we wanted to damage BTS, simply letting Mark roll with it would be a most effective method).
I want to see honest and transparent crypto-currency projects succeed, it's the only way to get genuine adoption. Every investor who gets scammed by a bad project is one less crypto adopter in the long term and so it is in the best interests of every legitimate project in crypto to work together to kick out the bad actors.
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Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« on: October 14, 2015, 05:35:14 pm »@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
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Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« on: October 14, 2015, 12:14:45 pm » to delulo......most of that fits with my position on Banx, though I've definitely taken a step further. 7
Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« 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.......
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.......
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OpenLedger / Re: Forbes article out 2 PM UK time on July 16th 2015
« on: July 15, 2015, 09:52:41 pm »
I'll just stick my NXT-covered nose in here: Support Ronny, guys.
CCEDK is a pretty good exchange, and the BTS (boo!)<> Fiat exchange possibilities that CCEDK offers are bloody useful.
Stan and BTS have made a lot of PR out of CCEDK over the last weeks, so throwing a little trading love in Ronnys direction would be only fair.
Just for laughs: how about a little NXT vs BTS trading war on CCEDK ?
CCEDK is a pretty good exchange, and the BTS (boo!)<> Fiat exchange possibilities that CCEDK offers are bloody useful.
Stan and BTS have made a lot of PR out of CCEDK over the last weeks, so throwing a little trading love in Ronnys direction would be only fair.
Just for laughs: how about a little NXT vs BTS trading war on CCEDK ?
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Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« 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.
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Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« 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.....
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.....
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Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« 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...)
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Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« 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.
Thanks, mate....But, no, you'll not be tempting me to the dark side with your shiny baubles.
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Technical Support / Re: [ANN] BANX Capital Joins BitShares Exchange Network
« 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....
)
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