Coinmarketcap's last price says that BANX was trading for 540,000 satoshis.
Now that BANX is traded on BitShares, the price has quickly settled to about 150 satoshis.
So it's selling for 3600 times less than the ICO price.
Is that the new all-time world record for the biggest price drop of any coin?
Not arguing about the price taking a nose dive, but the main trading is happening here https://banx.io/trade?c=BANX&p=BTCLast price was 2999 sats not 150. But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind  It might be a good time to edit your OP to "Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed" You've done a good job, maybe now close the thread and find the next internet villain. So Mark and ByronP can still decide and fix whatever price they wish, as they did for all of last year with around 90% of fake volume, and lies about who was creating said volume? Case is not closed bizzyb, while this scenario can still exist. The next internet villain/s are whoever operates cryptomic.com. How can they decide and fix whatever price they wish? I havent followed Bitshares and how third parties connect to the platform, so educate me....how does the dual pricing you describe work? Does the 'intergration' now completely prevent Mark and ByronP from controlling any prices on Banx/Cryptomic? Well yeah, it's free trading. I've already bought a boat load at 650 sats. If they change that, they'll be getting a call from several already "unhappy" investors, though I am convinced they would not even consider it. |
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Just thinking out loud here, and also to be clear, the final decision is NOT mine but I think it would be cool to see a logo integrating an "atom" reference, similar to the above, but maybe where each ellipse is opposing arrows implying a "swap". If that makes sense? I'm absolutely AWFUL at drawing, but I tried to make it clearer here  |
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Coinmarketcap's last price says that BANX was trading for 540,000 satoshis.
Now that BANX is traded on BitShares, the price has quickly settled to about 150 satoshis.
So it's selling for 3600 times less than the ICO price.
Is that the new all-time world record for the biggest price drop of any coin?
Not arguing about the price taking a nose dive, but the main trading is happening here https://banx.io/trade?c=BANX&p=BTCLast price was 2999 sats not 150. But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind It might be a good time to edit your OP to "Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed" You've done a good job, maybe now close the thread and find the next internet villain. So Mark and ByronP can still decide and fix whatever price they wish, as they did for all of last year with around 90% of fake volume, and lies about who was creating said volume? Case is not closed bizzyb, while this scenario can still exist. The next internet villain/s are whoever operates cryptomic.com. How can they decide and fix whatever price they wish? |
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Coinmarketcap's last price says that BANX was trading for 540,000 satoshis.
Now that BANX is traded on BitShares, the price has quickly settled to about 150 satoshis.
So it's selling for 3600 times less than the ICO price.
Is that the new all-time world record for the biggest price drop of any coin?
Not arguing about the price taking a nose dive, but the main trading is happening here https://banx.io/trade?c=BANX&p=BTCLast price was 2999 sats not 150. But then, you tend to have a habit of trying to only find the worse case scenario to benefit your oh so open mind It might be a good time to edit your OP to "Re: Are BanxShares as good as GAW Paycoin? Obviously not, case closed" You've done a good job, maybe now close the thread and find the next internet villain. |
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price keep under 100 sat...
target 2k last month...
Maybe not....
That was an optimistic target about a year ago. Better to have something to work towards that just give up and quit I'll edit the OP when I have a chance. |
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Contest winner will receive 0.3BTC + 1000 Banx. We hope to receive many high quality submissions. Please visit www.Banx.io to see the exchange as it is currently. Make us a killer logo to rebrand with PS thanks for the submissions so far |
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Hi all We are offering (on behalf of the Banx group) 0.3BTC and 1000 BANX to the winner of this logo contest. This logo contest opens now, and closes at 9pm GMT 20/3/2016 Please submit your entries only in this thread. The re-branded exchange will be called www.CrypTomic.com (pronounced cryp - tomic) The exchange was originally called "Atomic Trade" and then subsequently called www.Banx.ioTo avoid confusion with the Crypto called "BANX" the exchange is being totally re-named and re-branded. Payment will be made only if a winning entry is chosen. Payment will be made once the source files have been received. Please supply also in vector format such as .ai or at the very least a psd file using layers. Many thanks, we know there is a lot of talent on this forum, so please give us your best submissions for what will be a long standing crypto-exchange. |
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also, didn't they use this chance to issue 10x more shares compared to the initial launch?
That is correct. BanxShares were originally sold with the promise that there would never be more than 6 million shares. Now there are 120 million. But in percentage our share is still the same. yeah genius, but that doesn't matter if there are millions of new shares owned by banx. they're devaluing your shares too Could you explain that please, would be interesting to hear a different perspective on this. |
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RunPaint the market is open and free trading is going on.
Well 1 person has offered to buy 1 BANX for the price of 1 BTS, but it's not exactly free trading is it? The BanxShares asset on BitShares is "transfer restricted". Apparently that means you can't transfer it to anyone else in any way except selling on the open market. So now people can't even offer BANX for sale on Bitcointalk like they've been doing. In your own world as per usual. https://banx.io/trade?c=BANX&p=BTC |
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also, didn't they use this chance to issue 10x more shares compared to the initial launch?
That is correct. BanxShares were originally sold with the promise that there would never be more than 6 million shares. Now there are 120 million. But in percentage our share is still the same. But you have to be on their whitelist to trade on the Bitshares exchange. Otherwise you can only trade at banx.io, which hasn't allowed anyone to sell BANX "until the ICO is over". Originally the ICO had to sell some part of 6 million shares at $1.00 before the ICO was over and people could be allowed to sell. Then they doubled everyone's shares - your percentage was still the same - but they didn't cut the price in half. So now they would have to take in twice as many dollars before you would be allowed to sell your own. Then they raised "the ICO price" up to $2.00, so the requirement was quadrupled from the original deal advertised to buyers. RunPaint the market is open and free trading is going on. |
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We've paid out 20,000 MUE to every MUEBank account. Apologies for the delay. Our long standing MUE member BR541 will be taking over managing the MUEBank project, so it is in good hands. Again, sorry for the delays, your funds are always safe whatever happens, we will never let anyone lose out. Thanks |
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Looks good.
I have an article about how to make your own cryptocurrency on cryptorials.io, so I'll keep an eye on this and add it on there when you launch.
Ah cool, thanks |
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Count me in... I just have to get that 1 BTC to invest.. soon...
We'll probably offer a 10% discount if paying in MUE (maybe up to 50% can be paid in MUE and the rest in BTC). Possibly also we'll offer a monthly payment option. $100 up front, and then $40 per month. Again same as above, with a discount if paying in MUE up to 50% of the total amount. So while the best long term value will be the full up front payment, I think offering other payment options can potentially attract more interest. sounds good.. I'll check my posibilites and ideas and let you know about this 'till end of next weekend  Cool. We have not officially launched yet, this is just a pre-announcement, but happy to hear your feedback. |
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Count me in... I just have to get that 1 BTC to invest.. soon...
We'll probably offer a 10% discount if paying in MUE (maybe up to 50% can be paid in MUE and the rest in BTC). Possibly also we'll offer a monthly payment option. $100 up front, and then $40 per month. Again same as above, with a discount if paying in MUE up to 50% of the total amount. So while the best long term value will be the full up front payment, I think offering other payment options can potentially attract more interest. |
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This is brought to you by the MonetaryUnit team - https://bitcointalk.org/index.php?topic=778322WhiteLabelCrypto.com - Turnkey crypto that is “powered by MonetaryUnit” (Coming Soon!) What is “White Label Crypto”?WLC allows you to create your own branded digital token that is powered by an existing long standing BlockChain created by MonetaryUnit (MUE). Your digital token will be “Powered by MonetaryUnit” which means you have the security of an established, long standing, secure blockchain set up 2 years ago. It also means that your branded digital token will be compatible with EVERY existing and future MUE service at no extra cost! This means anywhere that MUE is accepted for payment, your own digital token will also be accepted for payment, no questions asked! That’s over 150+ physical and online stores and growing.For just $400 you get the benefit of 2 years of work & $10k’s of investment. Forget about the “coin creation” sites that offer very little. Get your “Powered by MUE” digital token now and have a ready made turnkey crypto solution worth $10k’s. What you get- Your own branded PC/MAC/LINUX wallets (continually updated & developed)
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Your $400 will be invested 100% directly into the MUE project increasing both the price and additional features. This directly improves your tokens price and appeal as they are directly linked. Don’t waste money on a coin creation site, invest in your own secure digital token powered by MUE, allowing you to concentrate on marketing your brand. Contact us now and be “live” within 7 days. |
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Why would anyone do such a thing, and created a downwards reflector?  :-) That's me. I've created a 6 million sell wall at 100 sats. IF there is a pump, then any revenue created from that sell wall will just be re-invested into further buy walls, strengthening our position. Also, if there are serious investors wanting to have a large share of the MUE market, there is an opportunity for them to buy in, and again, the revenue will be re-invested into the MUE projects various ongoing/potential developments. Everything I do is with best intentions to benefit this project |
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