Are BanxShares as good as GAW Paycoin?

[MarkLyford]

I have already stated that the HK and Panama offices are not staffed by banx people. All the staff are UK based and virtual staff around the world. Our main operation of Banx is from the UK offices. Like someone has already posted I did a video of our UK offices. What more would you like?

I have invited people to visit the staff and I at the UK offices many times. What else would you like me to do ?

[Cactipsi]

@EvilDave - glad you are happy with our resolution and response

Yup, I'm happy that it's resolved, any idea what the cause of the problem was ?

[Cactipsi]

I do not know what is wrong with you people  . There is no winning with you, banx could be jesus himself and you bastards would crucify him all over again. Over it. Its honestly like you people live to try and destroy other peoples hard work. You are animals of the worst kind.

[Cactipsi]

Are you going to pay me back my investment once your done trying to tear it down here? No. Ok, So what are you guys really losing, nothing, what are you really gaining, well god knows what, maybe you just like rubbing against a prickle bush, but what on earth is the motivation behind this bullshit? I just dont get it, what, angry you didnt jump in when the going was good? Not our fault, dont understand what is going on, not our fault, crypto is complicated, keep up or get left behind, dont be the winy little brats in the back saying you wanted your bit or you wanted something different, go and get your own, and leave ours be for christs sake, if you have nothing nice to say say nothing at all.

[MarkLyford]

OK folks,

I have been asked to address questions, I have been told the answers I have given are not enough by @runpaint and the like. So here you go .

This video is 50 minutes long. Watch / listen to it if you want. This is me going through everything brought up by this thread and others.

This is my last word on this. There is an argument agendas of certain people cannot be addressed but this is me addressing it.



Video here >> https://vimeo.com/140684057

50 minutes of me going through everything on this thread. I hope this is enough. I havent done this for runpaint or DE I have done it for anyone else who has seen this thread. We have already had people changing their minds based on how this thread has gone I hope we will have more who see what I'm about if they listen to this video.

As I've said I will speak to anyone direct about anything they have to ask, but no more on this forum.

It's simple like me / my team and what I am doing or don't. Simple.

Building any business is hard enough, building a crypto business is even harder, building one with people who have the mind set people on here seem to have makes it the most difficult thing. But like I said in this video I simply won't stop until I get my businesses and I to where I want to be and I am no where near started the long term journey yet.

It's funny, trolls energise me even more to get on my vision, but some trolls simply won't be happy.... ever...

So that it, this video is me giving people my personal response in the best way I know how. I know the trolls on here will not be happy, but like I say I'm not doing it for them I've done it for everyone else.

Regards

Mark Lyford

Email: mark at banxcapital.com
Skype: mjlyford
Twitter: twitter.com/marklyford
FB: facebook.com/markylyford
Tel: (+44) 01530 215015

[EvilDave]

I do not know what is wrong with you people  . There is no winning with you, banx could be jesus himself and you bastards would crucify him all over again. Over it. Its honestly like you people live to try and destroy other peoples hard work. You are animals of the worst kind.

Are you going to pay me back my investment once your done trying to tearing it down here? No. Ok, So what are you guys really losing, nothing, what are you really gaining, well god knows what, maybe you just like rubbing against a prickle bush, but what on earth is the motivation behind this bullshit? I just dont get it, what, angry you didnt jump in when the going was good? Not our fault, dont understand what is going on, not our fault, crypto is complicated, keep up or get left behind, dont be the winy little brats in the back saying you wanted your bit or you wanted something different, go and get your own, and leave ours be for christs sake, if you have nothing nice to say say nothing at all.

What is the problem ? I've just spent a couple of hours of my time checking out Banx Capital/Media/etc Companies House listings, and took a little look at the offices.
Most Banx investors would have done the same thing before investing, so nothing I found could be really surprising to you.

I spent another 10 minutes on sorting out a data analysis dude who could, if everything checks out, clear Banx.io of the accusations of dodgy trading practices.
Not to mention all the time I donated to Banx 3 months ago to point out to them the error in their CMC figures.....that took a lot of arguing before Banx finally admitted that there actually was a problem.

This isn't a witchhunt, guys, it's just normal due diligence. Companies have publicly available accounts, that's how it works.
Anyway, if someone feels like providing the trading figures, or some accounts, that would be nice. 

[runpaint]

The video response still doesn't add up.

#1:  He says BanxShares aren't a share in BanxCapital.  But he already sold them to people and told them they were buying shares of the company.



#2:  He says he cancelled mining because people mined over 6 million coins and dumped them on C-Cex.  But mining was cancelled before the first day BANX was announced at bitcointalk, and all Banx representatives have previously argued vehemently that BANX was not available at C-Cex at launch.  The dates don't match between his story and the documented facts.  

Plus he already stated that miners got about 45,000 coins.  Not 6 million in 1 week, and not weeks later when the coin was traded at C-Cex.  Mining was cancelled after 1 week, which was the week before BANX was announced.  

As for there being more than 6 million coins in existence, someone had examined the blockchain and asked the devs about that - it's quoted in this thread.  The devs said no no no, there are only 6 million shares.  So if anyone ninja-mined extra shares and dumped them on C-Cex, it was the BANX devs themselves.  Coincidentally, they used that to invalidate the shares held at C-Cex and had an excuse to move all coins exclusively to their own exchange.  So if there was hacking and exploitation of the coin, who benefited more than Banx?



#3:  He says 6 million shares weren't enough, so he increased it to 12 million.  But the ICO has been going for 12 months and they're still not sold.  How was it "not enough"?

Then he says it's okay because he doubled everyone's shares that they already held.  But now he has twice as many shares to sell before the ICO ends.

Plus it means that everyone who already bought got their shares for half-price, while the shares did not decrease in price after the supply was doubled.  In fact the price has been raised several times.



#4:  He says Banx only sells to private investors.  Is that what they do at C-Cex?  What about at Banx.io?  They don't even require their users' names.  How is it private?



#5:  He says, "I don't know where you get this from runpaint, you must be dreaming...'And if they don't intend to comply with U.S. regulations,' he says, 'Why does the BanxPlatinum account require a U.S. Social Security Number' - it doesn't, I don't know where you've dreamed that up"

Well Mark, maybe in your own Banx ANN topic, from a person named Mark Lyford.  Heard of him?

Maybe I did not explain myself very well.When filling in the new wallet and getting verfied you come to the part that says "ssn" number and thats for US citizens only and if you dont have one you go no further as you cannot click next without a social security number.

I did misunderstand you, apologies, i will speak to Byron re the SSN number issue

[runpaint]

#6:  He says the coin is only sold privately, because of SEC regulations, and that's why he can't advertise and market it all over the internet.

Then what is this?










#7:  He says, "I've never targeted Banx to be sold to existing crypto people."


Then why your constant efforts to stay listed on CoinMarketCap.com, a website that is only for crypto people?

Why this solicitation to the bitcointalk community?

My vision is to make the Banx brand a worldwide brand. The multiple websites we will be operating offer a full range of Bitcoin related services from our own exchange to mining farms and much more. I also view this company as helping to support the Bitcoin eco system massively.

The time is now. Bitcoin is set to change the world of finance and business online as we know it.

When I do something I shoot for the moon and beyond. This is your chance to join me on my journey and share my vision.

I look forward to you becoming involved and working together to create our own piece of history.

Altcoin exchange?  Mining farms?  Less than 1% of people in the world even know what either of those things are.  It's directed ONLY at crypto people.






Does anyone think I need to watch the rest of this desperate 50-minute video, when it's full of the same blatant lies he's already been selling us here?

If you see any conflict between the apparent facts and what Mark says, just remember:  Some people lie for money.  It's that simple. 

[runpaint]

[DecentralizeEconomics]

[EvilDave]

It's now been 24 hours since I requested that Mark L. provide me with a copy of ANY publicly filed accounts for ANY of the various Banx related companies,
and we have seen precisely Jack Shit, unless you count the video (see RP's last post for a breakdown on that, I can't be arsed watching it).
I'm looking for solid, verifiable information about Banx, and I'm not going to find it in a video.

This leads me to think that there are, in fact, no accounts.
Any legitimate business would be able to pull a .pdf copy of their last years public accounts and send it to me. That would shut me up for a while, eh ?
But Banx doesn't seem to have anything available, for any of the Banx related companies. 

Given Banx upcoming commitment to transparency, when they migrate to the BitShares / Cryptonomex OpenLedger, I'd have expected a little bit more from Mark L.
Have any of the Banx investors (timmyd, Cactpisi...?) ever seen accounts or a prospectus from Banx ?
Could Mark maybe provide a verification token from a BTC address containing the Banx funds, as filing accounts seems to be too much trouble ?

Oh, yeah, and I'd still like the Banx.io trading data for analysis, please.

[DecentralizeEconomics]

Sooo... for $3564 a year... where exactly is this BanxPlatinumz "seat" I get?  And what happens if I don't ACT NOW!?

[stereotype]

....... provide me with a copy of ANY publicly filed accounts for ANY of the various Banx related companies,

HAHA. What like REVENUE? Like a real company, with real people? HAHA You got me there for a moment, you naughty man!

Now, where the bloody hell did i put those lucky hens teeth??  

[th3joker]

Why would they spend money getting their accountant to prematurely provide a breakdown when he will have to the do a full set of accounts when they're actually due.

Doesn't seem like the best use of investors money does it.....

Oh, but wait it will keep the trolls happy, said nobody ever....

[timmyd]

@dave i have not seen any accounts but i have not asked for any either. I joined a business that was starting out and essentially making nothing at the begining so i had no need to request such details. There jas always been a prospectus for banx im suprised you havnt already read it. Not sure where you lot really stand on demanding accounts dats and such. I pretty sure i cannot go into a business and demmand the accounts data. Especially when the people requesting such data have no interest in the business other than to rip it to bits. You can sit here claiming mark hasnt responded to you lot with accounts and what not. But at the end of the day your all adults playing childish games on troll forum. The real men are hard at work creating crypto businesses. Marks already said in the above post that it was his last reply to you lot. So i think your wasting your breath personally. Eveyone can see and read this thread and make their own mind up about banx. Difference is between me and you lot is im not sat on the fence pulling at straws while banx makes headway

[timmyd]

@ Runpaint not banx related but i knew id find you here. Dude theres another project that needs your attention. Whod have funkd it eth have run out of money. You know all them millions didnt last em. They didnt think the price of btc would fall. You need to get on this dude. This mission is for you only. Maybe take DE with you hes a good cheer leader for you. He can swing pom poms round his waste. This is seriously good for bts you love that dont you runpaint












http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/

[EvilDave]

Why would they spend money getting their accountant to prematurely provide a breakdown when he will have to the do a full set of accounts when they're actually due.

Doesn't seem like the best use of investors money does it.....

Oh, but wait it will keep the trolls happy, said nobody ever....

Here's the issue, as you probably haven't read the thread:
Banx consists of a web of Private Limited Companies registered in the UK. It is a legal requirement to file accounts for every year of operation, and most of the Banx companies have existed for longer than that.

So, all I am asking for are copies of the publicly filed accounts that Banx have already got sitting on the shelf. Nothing more than that.
Luckily, though not so luckily for my creditcard, I can order copies of their filed accounts from the UK registrar at Companies House,
but I suspect that they will all be blank filings for dormant companies, so I'll have wasted a whole five quid on Banx.

Still, if nothing turns up from Mark or Banx in the next day, I'll pay for the Companies House request.

[stereotype]

Why would they spend money getting their accountant to prematurely provide a breakdown when he will have to the do a full set of accounts when they're actually due.

Doesn't seem like the best use of investors money does it.....

Oh, but wait it will keep the trolls happy, said nobody ever....

So that 'investors' can put a realistic value, on said company?? I mean, its been 12 months in the making and where is the revenue, after all that time? Creating crypto/lotto coins really doesn't count as revenue.

This strategy of offering cosy one-to-ones to "private investors"..... do "you lot" honestly think its working out? You honestly think Marks online persona, is what "private investors" want to see before they part with their money? C'mon. You all know full well, any interested party who is looking for a home for their money, will be asking the same question/s here........where are the REVENUE streams for the last 12 months, and what are the projections going forward.
No bloody wonder this farce of an IPO/ICO just drags on and on. Those "private investors" are walking away (if they even bother to enquire in the first place) cos Mark cannot supply the very basics of a viable business....how it spends its money, and how it makes its money. Simple.

Anyway, when is this scheduled to port over to Bitshares? Will it be shortable?

[timmyd]

Looks like you will have to put your hand in your pocket dave. It does clearly state the next records are due 2016 which would include the last years trading which is when banx has got started.
Stereo again banx has started with nothing and built what it has today over the last 12 months. Again i refer you to ethereum took millions in ipo sat on it for 18 months produced a shabby wallet and now have run out of money. Is that a scam aswell?

[runpaint]

Again i refer you to ethereum took millions in ipo sat on it for 18 months produced a shabby wallet and now have run out of money.

Banx took millions in ipo sat on it for 12 months produced a shabby wallet and now have run out of money.