Be careful with this.
I've been parking ALOT of MNX coins and they are the same founders. My parking was supposed to be about a 15% monthly wich did happen for like 2 months, and then dropped to like 5% monthly, but the problem is that they promised as per their original whitepaper, to keep the price ''stable''--- Their was a clear proposition of a strategy where they would buy back the MNX at a certain price (they announced 20$ in some update few months back) but they let the coin go down to something in the range of 1.50$. Even if I would have doubled my holdings through parking, they are still 3$ on the supposed 30$ I should have had. We just saw a nice pump and i'm probably around 6$ of what I should have, but in any case, this is still 5x lower than what they have promised. I should have made a good 40% income on my investments as they had PROMISED, but instead, i'm at a 70% LOSS. Unfortunately, as much as these guys like to make things nice and sweat and make you believe they have a sustainable solution, i'm starting to think their just after your bitcoins without any real good intentions of innovations, otherwise they would have explained/compensated for these losses on their coin.
for just about 20 BTC they could double the price and probably even quadruple it starting a major bull rally. This is nothing compared to what tehy have gathered. ...
1. Nobody promised you nothing. There was no talk about direct manipulation of the price. Only with the release of all products was talk about price stability. They have not been released yet.
2. The interest in the bank is the impact on the market.
3. The price in the market has always been determined by supply and demand. And it always will be.
4. It was warned that interest would be reduced from the very beginning. The target rate was 70% per year and not 200%.
5. The project RPB and MNX are completely different, starting from the type and structure of the network and ending with the goals. The only thing that is common is a bank. The founders are different in the same way.
6. Well, about the price reduction - look at hundreds of other coins that have decreased as much as 10-15 times in the last six months. Coincidence?