[ANN] Bantam [BNT] The world's first Crypto Collateral System | BTC Loans

[bit1]

It is illogical to charge for a prepayment and more without a pre-announce, @shkbits  only is manifesting their dissatisfaction maintaining its integrity which is worthy to be welcomed so +1, If every person in the world should sell their integrity for that amount so small then everybody better start to want more to his loyal pet.

Edit: I hope that him get a repayment.

[shkbits]

It is illogical to charge for a prepayment and more without a pre-announce, @shkbits  only is manifesting their dissatisfaction maintaining its integrity which is worthy to be welcomed so +1, If every person in the world should sell their integrity for that amount so small then everybody better start to want more to his loyal pet.

Edit: I hope that him get a repayment.

Thanks for your kind words  .

I have got 1000 BNT, which is half of my collateral of 2000.

Even if they return it or not, it wont make them any less scammy.

Dev,

If you want this project to be successful, take your premine completly out of Bittrex and put it outside in some escrow account.

[shkbits]

Dumped the last 1000 BNT kept holding after returning the loan amount.

Waiting for the collateral 2000 BNT to finish dumping  

lol you crazy person man you take loan get 0.2 btc big money for 1000 bnt
on market 1000 bnt worth 0.07 btc  

i have my bnt safe for rainy day

Yes I knew I wont even make half of it by selling.

It was not about investment. It was about owing someone and you should give him anyhow.

[bit1]

Again be careful Certainly, It doesnt look be a legitim project:
 
9,945,000/12 months = 817397 BNT to be dumped x month to a price fixed of 3000 sat. are 24.52 BTC x month  it does 294.26 BTC for year. The interest rate announced and unannounced charges that can happen to them is just a camouflage, However they took much as they can say in one day, two days a week maybe pumping and doing a few loans and then they will run, The price will drop, The holders will claim a takeover to try of recover his investment, Everybody will dump, The price will crash, Its will be named a scam, The Developer Team will skip to anothers projects, And voilá will be Game over.

[Rago]

BIG SCAM COIN WARNING ALL SELL ALL YOUR COINS NOW AND BRING THE PRICE BELOW 1000 SAT OR MORE USE YOUR BRAIN AND THINK AGAIN DONT MAKE A SHITCOIN DEV RICH

[shkbits]

Ok, I have recieved the remaining 1000 BNT to another address.

So, I confirm the reciept of my collateral in complete.


Dev,

@ 10000 satoshi you will need only 500,000 BNT to raise 50BTC.

Burn the remaining BNT and take them completly out of Bittrex if you want this project to become successful.

[shkbits]

Dumped the last BNT also .

[ocminer]

;-)

[shkbits]

;-)

Already trippled my small investment on this.

One thing is for sure, the dev/vc has got a pretty deep pocket  , thats why he got it pumped to 10k.

Mining cost was less than 1.2k untill it got listed to bittrex and pump started.

[dbt1033]

This has got Surplus written all over it...

[jimlite]

Nah, this is just a matter of a coin with a large premine, and then just a few people mining it until now when it got on Bittrex. So the dev and a few large holders totally control the price. I can't really see it remaining over the 2000 sat "loan out" price though.

[DeCrypterManiac]

DAMN ! I should have mined more @ Suprnova when this launched... Made 4 times what I paid for the rental

[marcous]

why volume is manipulated so hard ?

[Piston Honda]

lol at this vaporware scam coin

don't even bother

[BantamSystems]

ZERO first round loans remaining
Round two begins Jan 16th 2016

https://i.imgur.com/TRYmppS.png

Total of $427.51 (1 BTC) in loans furnished to Round One participants at 5% interest
8,000 BNT being held as collateral

CjMapope: 0.2 BTC (Outstanding)
max2000irc: 0.2 BTC (Outstanding)
Pyramusx: 0.2 BTC (Outstanding)
shkbits: 0.2 BTC SETTLED
trader19: 0.2 BTC (Outstanding)





Round two begins Jan 16th 2016

https://i.imgur.com/Gq1gRSY.png


Terms will be revealed shortly





https://i.imgur.com/a9vIz8V.png

[BantamSystems]

To those who have just caught on, The Bantam Project pledges to furnish a fixed amount of loans, every 24 months.

In order to back these loans, we are accepting Bantam (BNT) as collateral.

This opens the door to a new era of crypto currencies where the focus isn't on some newfangled technology, but on the actual use of digital currencies as a medium of commerce. BNT acts as a lubricant of digital commerce that will ultimately allow each and every person involved in digital currencies to prove their own, or disprove another's credit worthiness.

This will lead to increased financial activity as more and more people become able to take on loans in order to boost their own capital and expand commercial/personal productivity.

Not only can Bantam (BNT) be used as (1) a representation of value, but as (2) a representation of cryptographic collateral and as (3) it's blockchain is used as a database that tracks, proves and disproves the credit worthiness of it's users.

Also as a side note, we will be releasing project expansion updates in the coming days. As well as publicly logging the loan repayments of current project participants, so keep an eye on this thread for updates as they arise. We will also be posting a map and full description of what we have instore for the Bantam Project during the coming months

[Emericana]

Dont like fake volume, its always hiding shit :S

[flagpara]

OMG STOP THIS SCAMMY THREAD!!!!


Can anyone just give me ONE reason to create a new coin to be used as a collateral? There is absolutely NO reason to create that! It's not even a good idea!!!! not talking about the shady dev, it's just not a good idea to create a coin which sole purpose is collateral ><

It's like taking a normal currency and saying ok I gonna create the same thing but it will be used in les way. Same object, fewer options.

Just WHY?

[marcous]

OMG STOP THIS SCAMMY THREAD!!!!


Can anyone just give me ONE reason to create a new coin to be used as a collateral? There is absolutely NO reason to create that! It's not even a good idea!!!! not talking about the shady dev, it's just not a good idea to create a coin which sole purpose is collateral ><

It's like taking a normal currency and saying ok I gonna create the same thing but it will be used in les way. Same object, fewer options.

Just WHY?

you screaming STOP THIS SCAMMY! but some whales even begin accumulation , exactly wtf is goin on....

[flagpara]

OMG STOP THIS SCAMMY THREAD!!!!


Can anyone just give me ONE reason to create a new coin to be used as a collateral? There is absolutely NO reason to create that! It's not even a good idea!!!! not talking about the shady dev, it's just not a good idea to create a coin which sole purpose is collateral ><

It's like taking a normal currency and saying ok I gonna create the same thing but it will be used in les way. Same object, fewer options.

Just WHY?

you screaming STOP THIS SCAMMY! but some whales even begin accumulation , exactly wtf is goin on....

Not a whale, just the OP who's the only one mining this shit altcoin.

Maybe I'm wrong, but then could just one people give me ONE reason to create/use this coin. Even DOGE and Litecoin are more innovative than this...