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Topic: 🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️ - page 32. (Read 39426 times)

full member
Activity: 994
Merit: 140

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it
I want to take a part in mining butbi don't know about the rewards. I mean after mining where we will get the mined funds? In BitMax account or we have to provide our wallet address?

I think the rewards will be credited to your Bitmax account. Unfortunately I do not have enough time to read everything, but maybe you can find the information here:
https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012329854-BitMax-io-Transaction-Mining-Reverse-Mining-Rules-Updated-as-of-November-21st-2018-
member
Activity: 490
Merit: 10

Lol, everyone is on the look out for the market to get better before implementing anything significant on their platform I’d like to believe BitMax is a party to this.

If you ask me, they shouldn't focus that much on the whole market situation. I am sure they have set themselves some development goals/milestones they want to achieve. It makes no sense to slow things down only because the market doesn't look good atm.

I agree, Why we or they need to keep looking at the market situation  instead the team are just need to focusing on their developments and progress for the project. If they will have the features they need before the next run it will be really a big boom.

I honestly think the market impacts the exchanges and their growth as you know it all goes back to the traders; if the platform lacks traders hence volume you are basically saying that the exchange is terrible. However I think with bitmax they've been progressing nicely during this terrible market. let us see if they can keep it up.
member
Activity: 728
Merit: 10

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

if there is one thing i have learned from cryptocurrency it is that nobody can predict the future they can only give a probability of what they believe will happen

Exactly, and I hope a lot of people comes to realize this. If the "experts" can't really predict, they can give its probable direction but we have seen that failed numerous times as well as succeed.

But keep it in mind that there are some top shots that are manipulating the market and know when it is going to rise and fall, they just keep this information to their insider group.
copper member
Activity: 644
Merit: 1

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

if there is one thing i have learned from cryptocurrency it is that nobody can predict the future they can only give a probability of what they believe will happen

Exactly, and I hope a lot of people comes to realize this. If the "experts" can't really predict, they can give its probable direction but we have seen that failed numerous times as well as succeed.
jr. member
Activity: 420
Merit: 2
I'm a Regular Low-to-Mid volume Trader and dont do much trading. But i've been trading on Bitmax for some day and i'm really satisfied with how this exchange operates! 
newbie
Activity: 392
Merit: 0

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it
I want to take a part in mining butbi don't know about the rewards. I mean after mining where we will get the mined funds? In BitMax account or we have to provide our wallet address?
member
Activity: 532
Merit: 10
I like this project, very good partners and investors. But I can't mine tokens ((( ... Very fast trading, I lose more on the change in the exchange rate.
copper member
Activity: 658
Merit: 0
Empowering crypto w/ sustainable energy

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market
It's allowing now? I am not sure but I guess few time back someone mentioned here about some issues BitMax login. I didn't checked that yet if everything is fine.
member
Activity: 672
Merit: 11
I don’t think anything puts people off more than kyc I personally prefer when ICOs allow for a low cap trader to do only minor kyc I mean why should people trading 100$ have to do extensive kyc but each group has its own requirements

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed
copper member
Activity: 224
Merit: 1

Lol, everyone is on the look out for the market to get better before implementing anything significant on their platform I’d like to believe BitMax is a party to this.

If you ask me, they shouldn't focus that much on the whole market situation. I am sure they have set themselves some development goals/milestones they want to achieve. It makes no sense to slow things down only because the market doesn't look good atm.

I agree, Why we or they need to keep looking at the market situation  instead the team are just need to focusing on their developments and progress for the project. If they will have the features they need before the next run it will be really a big boom.

That'll give them a better boost, seems my first post lead to a bit of confusion; i'm in favor they should focus on the market, i'm only saying if a bull comes it'll surely be to their benefit as well.
member
Activity: 630
Merit: 10

Lol, everyone is on the look out for the market to get better before implementing anything significant on their platform I’d like to believe BitMax is a party to this.

If you ask me, they shouldn't focus that much on the whole market situation. I am sure they have set themselves some development goals/milestones they want to achieve. It makes no sense to slow things down only because the market doesn't look good atm.

I agree, Why we or they need to keep looking at the market situation  instead the team are just need to focusing on their developments and progress for the project. If they will have the features they need before the next run it will be really a big boom.
jr. member
Activity: 574
Merit: 1
when you are fed up transfer your crypto to me

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

if there is one thing i have learned from cryptocurrency it is that nobody can predict the future they can only give a probability of what they believe will happen
full member
Activity: 546
Merit: 106
Bountyhive.io
I don’t think anything puts people off more than kyc I personally prefer when ICOs allow for a low cap trader to do only minor kyc I mean why should people trading 100$ have to do extensive kyc but each group has its own requirements
full member
Activity: 994
Merit: 140

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I haven't to be honest; I did not even KYC Tongue hopefully will try it out this weekend. the issue is there is nothing to trade for me right now; I mean the market is not helping at all.

Yes, these many KYC are really tedious. I hope projects like Valid are done soon and we just have to do the KYC one time again.
I trade on too many exchanges now, I think I should rethink that and concentrate on 2-3 exchanges in the future. At Bitmax there are no interesting tokens for me right now, so I barely trade there
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
An important feature I have come to love over time is the reverse mining feature. It is absolutely amazing to simply earn a token by trading on the exchange.

Yeah. So sweet to earn the btmx equivalent of your transaction fees after every transaction. This technique will pull in a lot of traffic to their site.

This project knows what exactly they are doing for sure. I am hearing quite a lot about this project and also article about BitMax in cointelegraph which is amazing.
full member
Activity: 868
Merit: 104
I think am really up for the whole mining concept here hopefully we get to have some tokens through transaction fee I really like the whole concept they bring it seem pretty unique qnd implementation is really great am looking forward to this and more UI and whole layout looks like Kucoin I think it set the environment ready there

I am very happy that many people have similar view like me about this project which gives me extra confidence on my approaches and way of thinking.
member
Activity: 728
Merit: 10
An important feature I have come to love over time is the reverse mining feature. It is absolutely amazing to simply earn a token by trading on the exchange.

Yeah. So sweet to earn the btmx equivalent of your transaction fees after every transaction. This technique will pull in a lot of traffic to their site.
member
Activity: 420
Merit: 11
An important feature I have come to love over time is the reverse mining feature. It is absolutely amazing to simply earn a token by trading on the exchange.

Have you tested the reverse mining feature? If yes, would you be so kind and share your experiences here. I haven't been able to test it yet.
jr. member
Activity: 420
Merit: 2
I find this thread which is specific for bitmax.io mining both for transactions and the reverse mining. Reverse mining on bitmax makes bitmax different from other exchanges. I opened an account on bitmax already. But have no idea how it works. Is there a tutorial on how Reverse mining works? (A YouTube would be preferred)
Found this link on their Twitter channel https://twitter.com/BitMax_Official/status/1063382697639170048?s=19 although I have not seen it but the caption says tutorial for the reverse and transaction mining.
Really I like this concept and I also have account on BitMax. But I was also not aware about that how it's working, thanks for link. I would like to know the more details about transaction mining and reverse mining. Hope so we will get more details soon about it.
Yeah that article explained everything about bitmax in really easy way! Bitmax is actually easy with cool interface and they organised every tool and setting in a user-friendly manner!   
newbie
Activity: 392
Merit: 0
I find this thread which is specific for bitmax.io mining both for transactions and the reverse mining. Reverse mining on bitmax makes bitmax different from other exchanges. I opened an account on bitmax already. But have no idea how it works. Is there a tutorial on how Reverse mining works? (A YouTube would be preferred)
Found this link on their Twitter channel https://twitter.com/BitMax_Official/status/1063382697639170048?s=19 although I have not seen it but the caption says tutorial for the reverse and transaction mining.
Really I like this concept and I also have account on BitMax. But I was also not aware about that how it's working, thanks for link. I would like to know the more details about transaction mining and reverse mining. Hope so we will get more details soon about it.
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