[ANN] Banx - Liquidity Paid Back In From Profits

[MarkLyford]

Mark, You bring all Your adopters bought BANX on c-cex to the situation when they can not withdraw about 10k of BANX stored in our exchange's wallet. You have to make Your new wallet version public or this will turn a big scam to people involved in banx.

You will probably say - we did not inform our customers about "invalidity" of banx funds they bought after certain date? No, because I don't
think they invalid. Customers bought it believeing they buy valid BANX because of Your ICO aproval at c-cex and support in our chat.

Or maybe You will say that You informed all Your customers that all banx will be invalid except those stored at Your exchange? Then I would say You don't understand how cryptocurrency works. It breaks a root idea of cryptocurrency. It can no be propriate because if so - it is only Yours, and actually don't belong to people who buy it. In this case You don't even need a cryptowallet. Just sell Your virtual balance numbers at banx.io

OK lets put a nail in this coffin...

Pride-C-CEX came to us (Mark) and asked if you could list our shares on your exchange. We agreed to that as long as we are the only people selling it, (this is an ICO so fair enough) That deal was done and all was good.

Then you came back to us 2 weeks later (ICO still running) and said, you have 2 options, either we open it up to trading completely or we remove Banx from C-CEX. We said ok fine, remove it. You then went back and forth saying you couldn't remove it because there was trading happening on it and you only remove coins that have no volume. Basically changing the rules on us constantly!

We asked you to remove it, you said ok as long as you post why on the BCT thread. We posted the response on here and you said we had to edit it. We edited it and you were happy with those edits. Then you still refused to remove Banx from your exchange.

Since that time we found a security breach in our blockchain and made an announcement that we were hardforking the blockchain and all shares held outside of our exchange would become invalid at 5PM GMT on 28th November 2014. We told you and your team about this in plenty of time so you could inform your users and you failed to do so.

All shares currently held outside of our exchange are now invalid until we release the updated wallet when people holding shares in our exchange are free to withdraw them and trade them wherever they like.

The only people that are being affected by this are your users because you didn't make the announcement! We hardforked the blockchain because of security issues, told you about it and you refused to update your users. We made announcements in your trollbox as much as we could and still there was no official announcement from you.

You have screwed your users not us!

I have all the chat logs between Mark and the various people that claim to be at various different levels of management at your exchange although those levels seem to change on a daily basis!

The reason people had to move their Banx back to our exchange was because of a security issue which we are fixing now. Once that issue is sorted people are free to transfer their shares wherever they like but for now so we can keep track of everything and make sure no one loses out all shares must be in our system.

To receive your monthly profit payouts shares have to be in our exchange on the 25th of each month anyway an you have failed to announce that to your users. If you had announced that you would not be in this situation as all your users would have removed them from your exchange prior to our hard fork to receive their profit payout!Then they could have brought them back to your exchange to trade once we fixed the security issue!

I could go on for many pages about this, I could post the entire chat history to show how you have constantly changed the rules on us, based the buck to different members of your team and then ultimately ignored us but that would sound even more petty than this already does.

If anyone would like to read the full chat logs between Mark and C-CEX feel free to get in touch. If there are enough people we will post them up online for everyone to read.

It is not just us that have been on the receiving end of the underhanded business of C-CEX, I have heard it from other coin Devs as well!!

C-CEX is getting a bad name fast!

^^^ Thanks for the summary Simon. It says all that needs to be said

[Simine]

To  Mark whats next for banxshares.......as far as I know majority of the profits come from banx.io ...........whats stored for future 

watch out for my video update coming in the next 24 hours mate

I just realized you own 20% of the shares  .....about 6 million shares total...20% 1.2 million shares owned by you 

yes that is correct. as per all the public information out there

Don't be fooled by public knowledge from the devs. That is what they want you to think. In reality, it is more likely he owns 95% (just spread across multiple accounts, etc.)

<< Excuse me. I own 20% of the shares the company owns 20% of the shares. it is all in our public documentation and has been since day one

Not investing in now....20% too much to manipulate the price....

Bitcoinmillionaire with your logic you are clearly never going to be a bitcoin millionaire

[bizzyb]

Hey Banx team, can someone contact me re:dividend payout please?
Just drop me a PM.
Thanks!

[Loft]

Is banx.io working properly? When I click on "balance" nothing happens, just a blank page..

Mark,when banx.io start work properly!?

[jstew]

Is banx.io working properly? When I click on "balance" nothing happens, just a blank page..

Mark,when banx.io start work properly!?

log out and back in , ur session more then likey expired, except for those few days during the attacks the exchanges has worked perfectly for me

[BTCMILLIONAIRE]

To  Mark whats next for banxshares.......as far as I know majority of the profits come from banx.io ...........whats stored for future  

watch out for my video update coming in the next 24 hours mate

I just realized you own 20% of the shares   .....about 6 million shares total...20% 1.2 million shares owned by you  

yes that is correct. as per all the public information out there

Don't be fooled by public knowledge from the devs. That is what they want you to think. In reality, it is more likely he owns 95% (just spread across multiple accounts, etc.)

<< Excuse me. I own 20% of the shares the company owns 20% of the shares. it is all in our public documentation and has been since day one

Not investing in now....20% too much to manipulate the price....

Bitcoinmillionaire with your logic you are clearly never going to be a bitcoin millionaire

Go ahead invest all ur .09 BTC   ..........Clearly something is wrong with you If I wasn't a "bitcoin millionaire" I wouldn't have chosen this name  

[BTCMILLIONAIRE]

To  Mark whats next for banxshares.......as far as I know majority of the profits come from banx.io ...........whats stored for future 

watch out for my video update coming in the next 24 hours mate

I just realized you own 20% of the shares  .....about 6 million shares total...20% 1.2 million shares owned by you 

yes that is correct. as per all the public information out there

Don't be fooled by public knowledge from the devs. That is what they want you to think. In reality, it is more likely he owns 95% (just spread across multiple accounts, etc.)

<< Excuse me. I own 20% of the shares the company owns 20% of the shares. it is all in our public documentation and has been since day one

Not investing in now....20% too much to manipulate the price....

Fair enough, but as previously posted I have stated my shares will not be moved or sold

As I recall for only 6 months...

[MarkLyford]

thats correct. what other guarantees would you like ?

[BTCMILLIONAIRE]

thats correct. what other guarantees would you like ?

Guarantees after 6 months? 

[c-cex]

Mark, You bring all Your adopters bought BANX on c-cex to the situation when they can not withdraw about 10k of BANX stored in our exchange's wallet. You have to make Your new wallet version public or this will turn a big scam to people involved in banx.

You will probably say - we did not inform our customers about "invalidity" of banx funds they bought after certain date? No, because I don't
think they invalid. Customers bought it believeing they buy valid BANX because of Your ICO aproval at c-cex and support in our chat.

Or maybe You will say that You informed all Your customers that all banx will be invalid except those stored at Your exchange? Then I would say You don't understand how cryptocurrency works. It breaks a root idea of cryptocurrency. It can no be propriate because if so - it is only Yours, and actually don't belong to people who buy it. In this case You don't even need a cryptowallet. Just sell Your virtual balance numbers at banx.io

OK lets put a nail in this coffin...

Pride-C-CEX came to us (Mark) and asked if you could list our shares on your exchange. We agreed to that as long as we are the only people selling it, (this is an ICO so fair enough) That deal was done and all was good.

Then you came back to us 2 weeks later (ICO still running) and said, you have 2 options, either we open it up to trading completely or we remove Banx from C-CEX. We said ok fine, remove it. You then went back and forth saying you couldn't remove it because there was trading happening on it and you only remove coins that have no volume. Basically changing the rules on us constantly!

We asked you to remove it, you said ok as long as you post why on the BCT thread. We posted the response on here and you said we had to edit it. We edited it and you were happy with those edits. Then you still refused to remove Banx from your exchange.

Since that time we found a security breach in our blockchain and made an announcement that we were hardforking the blockchain and all shares held outside of our exchange would become invalid at 5PM GMT on 28th November 2014. We told you and your team about this in plenty of time so you could inform your users and you failed to do so.

All shares currently held outside of our exchange are now invalid until we release the updated wallet when people holding shares in our exchange are free to withdraw them and trade them wherever they like.

The only people that are being affected by this are your users because you didn't make the announcement! We hardforked the blockchain because of security issues, told you about it and you refused to update your users. We made announcements in your trollbox as much as we could and still there was no official announcement from you.

You have screwed your users not us!

I have all the chat logs between Mark and the various people that claim to be at various different levels of management at your exchange although those levels seem to change on a daily basis!

The reason people had to move their Banx back to our exchange was because of a security issue which we are fixing now. Once that issue is sorted people are free to transfer their shares wherever they like but for now so we can keep track of everything and make sure no one loses out all shares must be in our system.

To receive your monthly profit payouts shares have to be in our exchange on the 25th of each month anyway an you have failed to announce that to your users. If you had announced that you would not be in this situation as all your users would have removed them from your exchange prior to our hard fork to receive their profit payout!Then they could have brought them back to your exchange to trade once we fixed the security issue!

I could go on for many pages about this, I could post the entire chat history to show how you have constantly changed the rules on us, based the buck to different members of your team and then ultimately ignored us but that would sound even more petty than this already does.

If anyone would like to read the full chat logs between Mark and C-CEX feel free to get in touch. If there are enough people we will post them up online for everyone to read.

It is not just us that have been on the receiving end of the underhanded business of C-CEX, I have heard it from other coin Devs as well!!

C-CEX is getting a bad name fast!

^^^ Thanks for the summary Simon. It says all that needs to be said

Sp BANX is not a cryptocurrency anymore? There is no public wallet. If so - then it is not a right place to run thread.

[MarkLyford]

your a real funny guy.. Our new public wallet is currently being finished up

[th3joker]

Sp BANX is not a cryptocurrency anymore? There is no public wallet. If so - then it is not a right place to run thread.

Got caught with your pants down and now it's time to be a pain in the ass is it?

From what I can see this was all caused by you and you got caught with both hand's in the till.

Now you want to make problems for other people, way to go c-cex!! I must remember to tell all my friends to use such an open and honest exchange. NOT.

http://c-cex.com run by people who tell lies and go back on their word and when people catch them out they stir up more trouble.

[c-cex]

your a real funny guy.. Our new public wallet is currently being finished up

Link please, so we can update and let our customers make withdrawals of their BANX from c-cex!

[th3joker]

your a real funny guy.. Our new public wallet is currently being finished up

Link please, so we can update and let our customers make withdrawals of their BANX from c-cex!

You know what? if you had told your users like you where asked in advance you wouldn't have this problem now!

How is that suddenly Mark's problem?

Do you need him to help run your exchange? cus you sure as shit can't.

[jstew]

your a real funny guy.. Our new public wallet is currently being finished up

Link please, so we can update and let our customers make withdrawals of their BANX from c-cex!

as u were made aware those shares u hold in the exchange wallet arent compatible with the new wallet.
had u notified/informed ur users when u were told about it way in advance those shares would have been withdrawn and put on banx.io and then credited to the new wallet, but u failed to do so

[Cactipsi]

You where told, you where given more than adequate warning, and actions where only taken once we were sure you had the information you needed, dont come in here demanding things like you are someone, you have been nothing but trouble ever since you approached Banx, you and your whole concept of 'what crypto is' is wrong, you dont decide what crypto is or what it does, all you wanna do is have everything bend to your will and work to fill your pockets with bitcoin at others peoples expense, you are one user not the crypto jesus just grow up, the games over and Banx wants nothing to do with you ever again, you and your pathetic methods of operation have left a sour taste in not only ours, but the greater of the crypto communities mouths, if you wanna play games buddy we arent interested, all the converstations have been logged and kept track of, people can make up there own minds, how hard you wanna push mate?

[c-cex]

your a real funny guy.. Our new public wallet is currently being finished up

Link please, so we can update and let our customers make withdrawals of their BANX from c-cex!

as u were made aware those shares u hold in the exchange wallet arent compatible with the new wallet.
had u notified/informed ur users when u were told about it way in advance those shares would have been withdrawn and put on banx.io and then credited to the new wallet, but u failed to do so

Then why don't we make a swap like any other coins dev do with us when they change wallet chain? We do it free of charge. Isn't it fair to users bought their banx on c-cex?
I will send You wallet.dat and You will send new coins for them.

[DeckardKain]

I've never heard anything about this, but it sounds nice and I will be watching. Sounds promising.

[jstew]

your a real funny guy.. Our new public wallet is currently being finished up

Link please, so we can update and let our customers make withdrawals of their BANX from c-cex!

as u were made aware those shares u hold in the exchange wallet arent compatible with the new wallet.
had u notified/informed ur users when u were told about it way in advance those shares would have been withdrawn and put on banx.io and then credited to the new wallet, but u failed to do so

Then why don't we make a swap like any other coins dev do with us when they change wallet chain? We do it free of charge. Isn't it fair to users bought their banx on c-cex?
I will send You wallet.dat and You will send new coins for them.

why should they have to cover for your fuckup?

shall i quote ur statement form earlier were u said u didnt feel the shares would be invalid, and therefore didnt notify ur users

[jstew]

You will probably say - we did not inform our customers about "invalidity" of banx funds they bought after certain date? No, because I don't
think they invalid.

and there it is