1. Any exchange can pickup the wallet and open a market any time they want.
2. Gliss does not give us any special treatment in fact we have had to make many adjustments to ensure transparency. I think a lot of people misunderstand what a market cap actually is.
3. We try not to but we put a lot of blood, sweat, tears, and cash out so it stings a bit when people yell scam and take statements out of context.
4. We do not manipulate anything, we do have pricing limits which I understand can be frustrating but please see #1.

If anyone would like me to answer any questions personally please hit me up on skype (info@atomic-trade.com) or feel free to text or call me 1-609-389-4306 (EST USA).

I have no information on that wallet (the old one you reference transactions from) I only can speak on the current one (Feb 2015 and on I believe). We have no way of paying dividends to coins that are in a private wallet or on another exchange. If you know of a solution please tell. Hopefully we can help solve this when we switch to BTS network. You can deposit them into a banx.io account receive your payout then transfer them out again if you wish (although I agree its an unnecessary hassle to do so).

We don't track what our customers do with there funds so if someone decides to go and gamble that's there business. I and I alone have had control of the wallets since Feb 2015 and Banx as a company has maybe sent out 2 transactions from the exchange in that time, none of which were related to gambling or anything of the like (not including what we send to cold storage which is a project I am still working on to make into a service for account holders to use).

1 those look like transactions before I took over and 2 when we pay dividends it is an internal transfer to accounts and then people are free to transfer there payout amount to wherever they want. There is no way to keep track of which inputs go to which user which would also violate my personal rule of keeping people as anonymous and secure as possible. Think of it like a bank you make a cash deposit to the teller and your account gets credited but if you make a withdrawal you will most likely not get any of those bills back because we just like a bank don't have any need or desire to keep track of who deposits which individual coin (input) nor do we care which individual coin (input) is used to satisfy a withdrawal. So essentially what you are looking at is meaningless. Basically you could deposit 1 btc and then withdraw 1 btc but the odds are that there will be no relation to your original deposit within the withdrawal.

I hope that makes sense I don't want to really delve into the technical side of how transactions are created too much.

banxio is scammy, they dont really answer tickets nor care of this exchange

skip them!

That makes sense.  So what I'm looking at is all the deposits and withdrawals of all BanxShares users.  

I guess I thought there would be more than 814 transactions in the past 4 months, for the #8 biggest coin, but still there's no telling which users sent which coins to which address.

But, then again, Banx.io wasn't open for business in September of 2014, and someone used the same associated Bitcoin addresses to make about 40 transactions with 999Dice.  So it's reasonable to assume that it could be the same person, and not an anonymous user, who continued to make any similar such transactions at a later date.  There's no way to know.

But if you've only spent money twice since February, that means you aren't making investments.  You're supposedly taking in $10,000 a day of ICO capital to invest and then use the profits for dividends.  

Since you've just told us that the money isn't being invested, where are the dividends coming from?

I guess it's all happening off the exchange, since there hasn't been $10,000 worth of Bitcoin deposited in the past month, let alone in one day. 

To clarification since I think I missed this part. I did not say the money was not being invested what I was saying is that there are a lot of projects being worked on and not every project or person involved is compensated in the same way. Some receive cash, some receive, btc, and some receive shares. All of which actually totals way more than what you see. Banx also brings in cash from other revenue streams so simply looking at the numbers from banx.io will not give you the whole picture.

You could use that same argument about anything that is only on a single exchange. However with BANX we know there are X number of coins in circulation and we know the price which during this phase doesn't really change (unless another exchange picks it up) hence the argument is invalid since trade volume has no bearing on it. I could say 2 million in trades were made today that doesn't mean the cap is going to change. What will make it change is a price fluctuation or a new private sale, dividend payout in BANX, or if another site opens a market and the price changes.

"And we can't believe the volume.  You've just admitted that it's whatever you say it is, with no verification from any outside party."
I never said "it's whatever you say it is". However you are free to believe that since it has no bearing on the cap in this instance.

The value of the coin is (supply X price).  

Just like shares in a company, the total number of shares times the price per share is supposed to equal the value of the company.  If the price of the shares go up, the value of the entire company goes up.  If the number of shares is doubled, but the value of the company stays the same, then the price of each share is cut in half.

Company worth $1,000,000
Shares total of 1,000,000
Price per share $1.00

If the company launches an IPO, they would sell 1 million shares for $1.00.  If they decided to have 2 million shares, the price would be 50 cents.  It's not just a random number somebody pulls out of nowhere - the numbers have meaning.  If you offer 1 million shares for $5 each, you are representing to the world that your company is worth $5 million.  

When you make a public announcement like Banx made, you are asking the entire world to buy what you're selling.  You didn't send out emails to a private list;  you came to Bitcointalk and said "We're selling something."  You presented an offer to everyone in the world who has internet access.

When you offer something for public sale, you are claiming that what you're selling is worth what you're asking.  When you said you had 6 million shares and you were selling some for the price of .0022BTC, you were telling us all that your company is worth 13,200BTC, which was over $5 million at the time.  

So when Banx doubled its number of shares, during the ICO, the price should've halved.  But it didn't, because the price is completely manipulated with no influence from actual market forces.

When Banx doubled the number of shares without reducing the price, they doubled the claimed value of the company.  But nothing in the real world actually happened to show that the company had increased in value, assets, or future earning potential.  They just decided to claim a higher value, and they did.

"We have a company that was worth $6 million yesterday.  Today it's worth $12 million, even though the company is exactly the same as it was yesterday."

Now CoinMarketCap says Banx is worth $12 million.  Why?  What happened in the past 12 months?  What have you doubled, other than some numbers on paper?

Are you beginning to see the problem, and why CoinMarketCap is important in this discussion?

If you were just another altcoin, nobody would care.  But you're claiming to be bigger and more valuable than almost every other altcoin in existence.  You're not.  You have nothing to show and not a single piece of concrete evidence to justify those numbers and charts.  

If you generated 12 million coins - for free, as you did - and then said they were worth $1.74 each, that would be fine.  But don't pretend that a lot of people are actually buying at that price, because they're not.  Banx is not worth $12 million, no matter what CoinMarketCap says.

There would be no argument, if you had real markets and real volume.  But you don't.  And that is why we're having this conversation.  So yes, volume is important.  

Why?  Because you've made a standing offer to the whole world to buy into a $12 million company, and it's not worth that.  You're making me an offer that is not a good deal for me.  Yes, you can offer whatever you want, and if I don't think it's worth it then I won't buy.  

But what if you lie?  What if you show me evidence that your coin is worth what you say, and that evidence is falsified?  Then are you ripping me off by getting someone else to tell me that it's worth what you're asking, when it's not?  

A lot of people have gone to CoinMarketCap, which means that a lot of people have been given incorrect information about the value of Banx.  How many of them spent money on Banx, based on false information?  If CoinMarketCap said Banx was only worth 25 cents per share, do you think all those people would have paid $1.00 or more?  

A lot of people here believe in Bitcoin.  We're heavily invested in the belief that Cryptocurrency will change our lives and change the world.  There's room for Litecoin, and it's almost as widely accepted around the world as Bitcoin.  Dogecoin has almost as many users as any other coin.  If NXT or Ethereum or Bitshares goes mainstream and is a household name, we're ready to embrace it and help it succeed.

But BanxShares doesn't belong up there with those other coins.  BanxShares isn't like Bitcoin, and it will never change the world.  Every bitcoin in existence was earned with work.  Bitcoins aren't just created out of thin air, like BANX was.  Bitcoin has a reason to exist other than dividends.  Bitcoin isn't like any other money or stock that has ever existed, while BANX is pretty much just the same thing they've been selling on Wall Street for a hundred years.

Like I said, if your market position was #300 where it belongs, nobody would care because you wouldn't be making a mockery out of everything Cryptocurrency is about.  And you wouldn't have a fake chart to help you sell shares for more than they're worth to people who thought they saw real market data.

NICE work, Runpaint!

Are BanxShares as good as GAW Paycoin?  Yes.

Are they as bad as Paycoin?  Yes.

This guy seems like a slightly more intelligent, but equally scammy Garza...

From what I have seen on coinmarketcap Banx shares do about $10,000 USD of transaction per day.
Are these real transactions?