Post
Topic
Board Altcoin Discussion
Re: Are BanxShares as good as GAW Paycoin?
by
runpaint
on 16/09/2015, 10:48:37 UTC
But what if we could spend our BanxShares online to buy whatever we wanted?  Like if they launched a big site to sell things?  Then would there be a $20 floor or something?


Actually I subscribe to that many it will take a fair bit to find it.It did say the Exclusive coin was at an all time low price wise but very high difficulty the reason might be because Banx was building an ebay type platform to be released in June using payment through Exclusive Coin Litecoin and Bitcoin.Is there any truth in that
EDIT...http://fuk.io/april-2015-report-best-altcoins-and-crypto-currencies-to-mine-and-invest-in-for-high-profits/

"Exclusive Coin aka EXCL – coin is on all-time low in price and all time high in difficutly mining. Why? Possibly because ByronP of ex Atomic-Trade aka Banx.io is making new “crypto-ebay” for EXCL+BTC+LTC which should come out by June. I am biased but.. buy, mine, stake and hold until then! Trades everywhere ie on Cryptsy"


Hey that's big news!  Surely everyone will buy it now!


So this coin is number 10 in terms of marketcap, and traded almost $14,000 worth today according to coinmarketcap.com but when I look on the two exchanges there is even one buyer. What's the go?

So this coin is number 10 in terms of marketcap, and traded almost $14,000 worth today according to coinmarketcap.com but when I look on the two exchanges there is even one buyer. What's the go?
You cant sell it its still in its  ICO you can only buy it at a set price,pays between 1% and 2% interest per share per month.Has some great things coming out in June


It's been in its ICO for 8 months, and that is why you can't sell it?  Are they locked into cloud stakers or something?


Haven't logged in for about a week, logged in today to check where my sell order is... It seems my sell order, which had been on the books for a few weeks was cancelled since I see no record of it any longer...

Frustrating to have an order on the books for weeks just to login and see nothing there...
This is still officially in "ICO phase", even though they are paying out profit share (which is nice Smiley )
They have pegged the share price to a dollar value, however, the purchase price is actually in BTC.

ICO for 9 months...
You can't sell it...
But they've more than doubled the price from .0022BTC...
Because it's "pegged to dollars".

I get it!  It's the dollar floor.  At least with Paycoin, people were allowed to dump it for whatever price they could get.

And then there's the buyback program:




I'm not sure how you got involved in banx shares, but if you do not wish to be a holder any more feel free to let me know and we will address the issue.

One of the users on the forums reminded me of this post, I had forgot until I was discussing selling my shares..

Connected with Mark via Skype, definitely a pleasant guy to talk to but sounds like the offer to buy back shares is drying up since we didn't go anywhere with it, happy to take a discount buy back but I couldn't even get an offer out of him.... I suspect because it is insanely low, so what are the shares really worth since it's nothing anywhere in the realm of the ICO price, which is used to force the valuation abnormally high..

Since I am a share holder and I guess I'll be around its time to understand things in more detail..

I'm having my attorney take a look this week since I explained to him how things look as a share holder, Banx.io's ability for the public to buy at a forced floor, yet private offerings at significantly discounted prices published on the public site. Didn't take long before he couldn't figure out if a plc or Ltd was at play here since it's almost a mix of both... I keep him on retainer because there is always something to do, this is the latest, will see what comes...




Padrino, as you are fully aware you did a deal with an existing holder of Banx direct to get your Banx shares, nothing to do with me or Banx Capital.

Therefore your comments are unfounded.

I have publicly stated we are offering private investors discounts for large purchases of shares which they lock in for at least 12 months. We are concentrating on selling the remaining of the Banx shares to enable us to grow our business and develop our plans. Its a simple thing.

The offer of purchasing shares from a few people last year was a one off offer.

Again you own no share of any company you own a crypto based asset which pays profits monthly.

Maybe you should take up any issues you have with the person you purchase your banx shares from two months ago ?

As you know you per paid profits in BTC last month which make your investment a worthwhile thing. You are free to list your shares on banx.io for sale.

And one last clarification. We are only selling Banx shares to private investors, all shares for sale on the exchange are for sale buy people wanting to sell them. not us.



Again you own no share of any company you own a crypto based asset which pays profits monthly.

Do I understand right that banx coins are actually banx shares of company?

yes banx shares are a share in the Banx capital company Smiley

Again you own no share of any company you own a crypto based asset which pays profits monthly.

yes banx shares are a share in the Banx capital company Smiley