Post
Topic
Board Altcoin Discussion
Re: Banxshare scam.. Fake market cap coinmarket
by
StanLarimer
on 18/06/2015, 18:30:30 UTC
Just for a laugh, decided to run the numbers.

Being too lazy to get the calculator out, I estimate total BANX trading on Banx.io at around 13 BTC / $3250 over the last 24 hours.
CMC shows 62 BTC / $15,500:
http://coinmarketcap.com/currencies/banxshares/#markets

Er....anyone got a sane explanation ?


How about most of them are HODLers in the underlying asset so they can get a piece of its profits instead of a piece of its appreciation?  Such assets don't trade that much, especially if they belong to private shareholders of a real company.

Again, expand your thinking about the kinds of things transparent ledger technology is good for.

Watch the 5 minutes with Max clip again and again until...