Quick question: What happened to the sell orders?
I just found myself in the same boat. It is nice that Banx is constantly evolving, but I'm honestly a little pissed about this. Mark Lyford... this really isn't how an orderbook is supposed to work at all. I see some ICO-related explanation for this but in all seriousness, you present Banx.io as an exchange, create an orderbook for Banx shares, and then at will, create a new price floor and cancel orders?
How exactly did you communicate this to shareholders? It would seem to me that you have the email address of everyone holding Banx shares on Banx.io. I don't see an update here and I am not going to sit around and read days of Skype group history to find your announcements.
I think you can understand why people in crypto are sensitive to market manipulations... and the real question is, why give people the illusion they can sell these shares when you're doing your best to prevent it?
Just my opinion, but I don't suppose there is really any other way to do it, there will likely always be people who say "I wasn't notified in time".
Some people (myself included) aren't part of the Skype group, or use this forum, or check the e-mail they used to register on Banx.io, but I do watch the exchange.
If the Banx price goes down, there's no pre-emptive things you can do, but as has been the over all trend these past months, the Banx price has gone up, so you could, like I do sometimes, pop a few higher priced sell orders in when you need to liquidate a bit.
Yeah, it is slightly annoying, and I'm with you on that, but I suppose I would prefer the team just got on with the business of getting this ICO sold than trying to cover every communications channel that the sell price has changed.
I guess the real question would be why people are allowed to "trade" during an ICO? Having them exist simultaneously seems counter-productive. If you're trying to establish a floor and keep price at a certain level, why even allow shareholders to place sell orders? Especially when that will only delay the completion of the ICO?
Still no payout for July. Is there any problem?
Arne, the reason you didn't get a payout is because you tried to screw us again last month. Your account has now been set to Banx payout so you will receive your payout in the next cycle.
If you have any issues with that then speak to Mark directly.
Simon
Some things never change...