And then they took down all the sell orders at the ICO price of .0022 and raised them to .0026. I guess because the price of BTC went down. Except some people are buying it cheaper, secretly:
These are private investor trades that we put through slightly below current minimums, as you can see larger BTC.
And then people ask for clarification:
Hi there, what part would you like to explain? This is standard terminology that we have to state.
If you would like to know any specifics of what we are doing let me know
Regards
Mark
It's "just standard terminology" that you agree to a contract saying you don't have any ownership rights to your cryptocurrency.
One investor shares his doubts about the legitimacy of the project, because people seem to be dumping at a loss while the ICO is still going and the price should be fixed.
Mark Lyford asks the user to PM him, and then he shares the private information of their conversation:
thanks - the things is we are working our assess off. some people just love to be negative.
the guy has 904 shares only.
Who the fuck are you to reveal who owns what? Wow. How fucking dare you.
have I disclosed your details? No?
You make it sound like your a big investor, when the reality is you have hardly any investment.
That's 1.99BTC
And then Mark Lyford dismisses and does not deny questions about whether the orderbook is legitimate:
What business is that of yours?
Then it is made fully apparent that the orderbook is not legitimate:
Hi there, please see your PM's
Thanks
Mark
And then he gives them back a small percentage of their own money, and calls it profit:
But 100% of that money came from the investors themselves.
How does it come, that at banx.io the most shares are sold at 0.0025 to 0.00259 BTC, when the price should be 0.0026 BTC and the investors are not allowed to sell under this price. seems a little confusing to me.
These are private investor trades that we put through slightly below current minimums, as you can see larger BTC.
And then people ask for clarification:
i found your IPO/ICO very interesting but i was halted by this declaration
from :
can you explain this? sorry im kinda confused about this matter
from :
can you explain this? sorry im kinda confused about this matter
Hi there, what part would you like to explain? This is standard terminology that we have to state.
If you would like to know any specifics of what we are doing let me know
Regards
Mark
It's "just standard terminology" that you agree to a contract saying you don't have any ownership rights to your cryptocurrency.
our projections for 12 months are that we will pay out 70% ROI of profits invested.
One investor shares his doubts about the legitimacy of the project, because people seem to be dumping at a loss while the ICO is still going and the price should be fixed.
Mark Lyford asks the user to PM him, and then he shares the private information of their conversation:
thanks - the things is we are working our assess off. some people just love to be negative.
the guy has 904 shares only.
have I disclosed your details? No?
You make it sound like your a big investor, when the reality is you have hardly any investment.
That's 1.99BTC
And then Mark Lyford dismisses and does not deny questions about whether the orderbook is legitimate:
03/11/2014 06:18 BUY 700 0.0025 1.75
03/11/2014 06:18 BUY 56 0.00245 0.1372
03/11/2014 06:17 BUY 1250 0.0024 3
03/11/2014 06:17 BUY 578 0.002375 1.37275
03/11/2014 06:17 BUY 45.26 0.00236 0.1068136
03/11/2014 06:17 BUY 42 0.00235 0.0987
03/11/2014 06:17 BUY 2284 0.0023 5.2532
03/11/2014 06:17 BUY 2000 0.0023 4.6
03/11/2014 06:16 BUY 1420 0.00225 3.195
03/11/2014 06:16 BUY 500 0.00225 1.125
03/11/2014 06:16 BUY 100 0.00225 0.225
03/11/2014 06:16 BUY 906 0.0022 1.9932
03/11/2014 06:16 BUY 750 0.0022 1.65
03/11/2014 06:15 BUY 500 0.00217 1.085
03/11/2014 06:15 BUY 30 0.00215 0.0645
03/11/2014 06:15 BUY 1000 0.0021 2.1
03/11/2014 06:15 BUY 3 0.00205 0.00615
03/11/2014 06:15 BUY 40 0.00205 0.082
The bold filled order is mine, which Mark has confirmed he arranged. So just to be clear and transparent, who is buying up the order book, either side of mine?
03/11/2014 06:18 BUY 56 0.00245 0.1372
03/11/2014 06:17 BUY 1250 0.0024 3
03/11/2014 06:17 BUY 578 0.002375 1.37275
03/11/2014 06:17 BUY 45.26 0.00236 0.1068136
03/11/2014 06:17 BUY 42 0.00235 0.0987
03/11/2014 06:17 BUY 2284 0.0023 5.2532
03/11/2014 06:17 BUY 2000 0.0023 4.6
03/11/2014 06:16 BUY 1420 0.00225 3.195
03/11/2014 06:16 BUY 500 0.00225 1.125
03/11/2014 06:16 BUY 100 0.00225 0.225
03/11/2014 06:16 BUY 906 0.0022 1.9932
03/11/2014 06:16 BUY 750 0.0022 1.65
03/11/2014 06:15 BUY 500 0.00217 1.085
03/11/2014 06:15 BUY 30 0.00215 0.0645
03/11/2014 06:15 BUY 1000 0.0021 2.1
03/11/2014 06:15 BUY 3 0.00205 0.00615
03/11/2014 06:15 BUY 40 0.00205 0.082
The bold filled order is mine, which Mark has confirmed he arranged. So just to be clear and transparent, who is buying up the order book, either side of mine?
What business is that of yours?
Then it is made fully apparent that the orderbook is not legitimate:
i would like to sell my shares, but i'm not allowed to sell below 0.0022. But evertime i look at the trades there are sells/buys below that prize. So i think my shares will never get sold. Seems that theres some manipulation or is it this private investor thing?
Hi there, please see your PM's
Thanks
Mark
And then he gives them back a small percentage of their own money, and calls it profit:
PROFIT PAYOUT:
Hi everyone just to confirm we paid out our first profit payout 22 days early on the 6th Nov.
The profit payout was: Profit Payout Per Share: 0.00009116 BTC / 0.0311 cents per share profit
100% of the profits from banx.io trade fees were paid out
Hi everyone just to confirm we paid out our first profit payout 22 days early on the 6th Nov.
The profit payout was: Profit Payout Per Share: 0.00009116 BTC / 0.0311 cents per share profit
100% of the profits from banx.io trade fees were paid out
But 100% of that money came from the investors themselves.