Quote from: notsofast on October 06, 2014, 08:07:02 PM

First time I've ever seen projected statements of cash flow in a cryptocurrency whitepaper. Crypto is growing up Cry

I won't invest directly as 20% of that investment is directly lining dev's pocket, but hey, at least he's being up front about that.

I will point hashrate at this if it's still possible to mine it, though (no sound on my current computer so no point in watching the mining response video).

I also think you should immediately do the legwork required in contacting the devs of Sterlingcoin and Britcoin to be listed on the Banx exchange. Don't rely on the community here to put you in touch with them... show the cryptocurrency community you're a part of it, rather than seeking to extract 20% of your targeted 10,800 BTC investment from it exploitatively.

Though the multi-pronged business strategy could work through diversification, you'll have to do really, really well at each. This is not the case so far. What I'm seeing at Banx.io (3 currency pairs and a terribly thin trading interface) leaves me unimpressed.

What are your plans considering BTC's value is so much less than the USD500 as per your entire financial projections?

So far this seems primarily like a venture to put 2160 BTC in Mark Lyford's personal wallet.

Hi there, yes you're right we are fully upfront, unlike many other equity based share system exactly who own what and where the invested funds go. The reality is banx.io has only been online for 7 days and up until Thursday last week had some issues. This is brand new mate.

The reality is I think BTC will be back up at the $500 mark soon, and in the meantime we are aiming to sell to private investors for USD too.

I disagree re you 2160 BTC comment. yes of course i have been working my ass off , for what i hope will be a successful company very quickly. But the reality is if its not successful for the share holders it wont be success for me. Let me state here and now I own 20% of the BANX shares. those shares will not be sold by me for at least 6 months, none of them. so actually the only way I can personally earn out of Banx is from the dividends made from the shares I own.

All of the BTC raised will be spent as outlined in the prospectus.

I would love the chance to talk to you further, if you are on skype and up for a voice call add me on ID mjlyford

Anything else you need to know just let me know

Regards

Mark