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1  Economy / Service Announcements / Re: BitcoinWisdom.com - Live Bitcoin/LiteCoin Charts on: October 22, 2014, 12:54:19 PM
Hi,

I'am an great fan of Bitcoin Wisdom and i have an little feature request.

It would be nice to have an Unit switch so we can view the BTC Prices in bits 1bit = 100 Satoshis more and more people will use this unit in the Future.

Thank you
Battleangel


+1 love your site and would love to see this implemented!
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Banx Shares - IPO/ICO - Bitcoin dividends paid monthly on: October 22, 2014, 11:01:02 AM
Well considering I'm in the US and it appears the website is blocked for US IP's I can't really visit the site. I checked it out through TOR but I don't have patience for videos. Watched some of the videos on Vimeo though...

Why can't I access your website from the US?
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Banx Shares - IPO/ICO - Bitcoin dividends paid monthly on: October 21, 2014, 12:11:05 PM
Interesting response.

I get the idea, I'm glad to hear you say more directly that all the company is at this point is you, and by extension what you will make of it.

I have a lot to say, but most importantly: Why is your company trying to raise 2 million so early? (I understand that you have a plan for it, but take it one step at a time. Under-promise, over-deliver)

I get that the plans are big, but you have very little (although admittedly encouraging) value production at the moment.

Why not start with one thing at a time? Focus on achieving one of the many goals of Banx. Put all of your effort into having one stellar platform and as it succeeds put the money back into the business and raise funds when you have a foundation to work from.

There is no reason for anyone to think that you will turn this company into what it aims to be. There are so many startups in every field that fail, even more so in the crypto space. You present your company in a way that makes you seem like you are ignoring this reality and I do not see a back-up plan in case of under-performance.

Give us 1 good platform, you clearly have the funds to sustain and focus on, let's say, turning banx.io into one of the big players in the exchange business.

By requesting the money this early, you place all the risk on the investor. That is not indicative of someone who is willing to put their life and soul into a business. Add on to that the wealth of other companies you have opened in your career and are no longer working on (maybe I'd go as far as saying abandoned) and it makes for a lot of worry and doubt for the investor.

I would like to reiterate my position that I want this to succeed and I want to believe that you plan on sticking to this until the bitter end. I am only pointing out that by your own hand best case scenario:

- You're giving the wrong message and raising needless red flags while also somewhat inappropriately allocating risk (or at least perception of risk)

worst case:

- You are trying to get investors to jump in to a very elaborately planned pump and dump

Thank you for any and all response.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Banx Shares - IPO/ICO - Bitcoin dividends paid monthly on: October 21, 2014, 06:24:45 AM
this may be somewhere else on the thread but what is the monthly interest?is it staking basically?thanks

No staking is producing new coins as a reward for securing the network. BanxShares is trying to be an actual company and the monthly interest is a dividend payout like a regular stock, but is issued through a cryptocurrency.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Banx Shares - IPO/ICO - Bitcoin dividends paid monthly on: October 21, 2014, 06:14:07 AM
Mark, I know you've heard it several times in this thread and I know you've gone to some pretty extreme lengths to try and dispel the idea but I am not convinced this isn't a Ponzi scheme. Here are a few of my reasons:

1) There's so much emphasis on your talents and your abilities and it's being presented as the most important information. If you truly believed in your idea than the focus of your announcement and subsequent replies to naysayers would be based on what your companies edge is in the field, what you're going to do differently and better. Instead you use your somewhat misleading accolades and hyperbole (32,000 sites, 2 mil consistent annual income, "internet entrepreneur") as the key reason you believe the company will be successful. 1 man does not a successful company make.

2) You refer us to your prospectus to show you have a "real business plan, that will succeed" (not direct quote). Prospectuses are intended to serve only the first point (validation of legitimacy, "real" business plan) and are not intended to be the primary material given to potential investors to convince them you will be successful.

3) Each Banx company/division seems to be trying to give the impression that they are already legitimate revenue generating businesses, while you're in the middle of an IPO that you claim still needs to generate 2 mil. That just feels weird, backwards and scammy. You already have your coins ready for sale on Banxmint, people can theoretically trade on Banx.io (although there is no one to trade with) and your offices are already full of equipment (including a dedicated video editing room and set?)

4) This is the reason that inspired me to actually post: You claim to be ahead of schedule and already producing revenue, enabling you to pay out dividends a month early. This is a classic Ponzi move; make the company seem like it's ahead of schedule to convince those that are already invested to double up (even though they haven't even seen a profit yet) and get investors on the fence to jump in quickly before they miss the boat. Please provide a cash flow analysis that shows where and how you've generated a net profit in the 2 weeks or so since your IPO.

There are other red flags I'm forgetting but I digress.

This is either a Ponzi scheme, or you are doing a terrible job of putting the good things you're doing or will be doing into the spotlight.

Also, what kind of CEO takes a week long vacation 2 weeks in to an incomplete IPO?!

Mark if you could convince me I'd be really pleased. The only reason I don't have the pitchforks out is I want this to be a real thing. Streamlining all the back-end processes of Bitcoin under one name and essentially one company would be great for Bitcoin and it's consumers.

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