I think it will be in future.
Glad to heart it, Please inform us later! I really believe minex will be in the top 50 in the future. Good luck! 
Topic: Minexcoin - A new era of payments - page 189. (Read 646785 times)
Thank you for taking the time out to write. I hope to see Minexcoin go from strength to strength.
It is always good to see the team writing directly to investors and potential clients regardless of the project.
Thank you for supporting and being with us.
Dear Community,
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Thank you for taking the time out to write. I hope to see Minexcoin go from strength to strength.
It is always good to see the team writing directly to investors and potential clients regardless of the project.
I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Wow, Electronic Arts is on Minex board! This is a heavy booster indeed.
grandios
When you expect to finish new WP? you have any date?
What happen with eco system?
can we expect some fork or classic rebrending?
You plan new name? can community to suggest? my vote for Sooncoin
Soonbank,SoonPay,SoonDEX sound good
Hello, bozicso
We appreciate your energy and humour. Only people who really like a project put as much passion into their comments as you are.
For now our Vice President shared those infos, they seem to be very positive in nature, show a good measure of progress and strong future developments. As always, you will see the updates as soon as we are ready to publish them.
this is minex or minex coin? I am confused which is the link of this coin on coinmarketcap
This is minexcoin. The coin with the circular logo
https://coinmarketcap.com/currencies/minexcoin/#markets
this is minex or minex coin? I am confused which is the link of this coin on coinmarketcap
Dear Community,
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
This update is just about marketing, nothing about implementing and acceptance of cards and achieving that what TenX and MCO havent done more than year now!
When you expect to finish new WP? you have any date?
What happen with eco system?
can we expect some fork or classic rebrending?
You plan new name? can community to suggest? my vote for Sooncoin
Soonbank,SoonPay,SoonDEX sound good
Hello, bozicso
We appreciate your energy and humour. Only people who really like a project put as much passion into their comments as you are.
For now our Vice President shared those infos, they seem to be very positive in nature, show a good measure of progress and strong future developments. As always, you will see the updates as soon as we are ready to publish them.
I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Wow, Electronic Arts is on Minex board! This is a heavy booster indeed. I will be not surprised if they accept MNX for their games and choose Minex marketplace to sell them.
Jeff Burton will accompany Peter and while he is co-founder of EA doesn't neccesarily mean EA is involved. As I read it the guy accompany Peter, not the company. But Jeff probably knows his stuff considering hes co-founder of EA. I'm sure great things will happen
I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Wow, Electronic Arts is on Minex board! This is a heavy booster indeed.
Dear Community,
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
When you expect to finish new WP? you have any date?
What happen with eco system?
can we expect some fork or classic rebrending?
You plan new name? can community to suggest? my vote for Sooncoin
Soonbank,SoonPay,SoonDEX sound good
Dear Community,
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Interesting update you are going to rebrand this project I hope new one will be more realistic and attractive which will bring more exposure as well brand new website with full of information about this project is also another great. I like the hard work of the team and it growing as you hiring more people to make this development more faster good luck.
Dear Community,
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
Here is a little update from our VP Peter:
1) We are in the process of producing a new website, that is worthy of our ambitions.
2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).
3) Whitepaper in the process of creation (it is going to be a high quality one) .
4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.
5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.
I'm pleased that some people have responded to my posts with some suggestions and arguments. I'd really like to debate this some more.
For the record, I have a fairly decent amount of MNX. I am pleased with the reporting from the Minex Team and very interested in the project. It's absolutely not my intention to troll or attempt to disrupt the community.
I hope my posts come across as constructively critical. The whole ecosystem being built up by the team may fail for the worst reason... because MNX can't hold it's market value.
I think we are still waiting to see the impact of the VISA cards. There were some keen early adopters, myself included. Again for the record, I have passed my KYC checks and eagerly await my card delivery.
But surprisingly to me... enthusiasm for the cards is much lower than I was expecting. I base this on the published number of attempted KYC submissions (475). I hope that the thousands of other unpaid registrations are waiting to see the first few successful transactions reported and jump on board.
Analysing things more has led me to the conclusion that the strategies used to kick start this project may well cause its demise if not addressed within the next couple of quarters.
(See my previous posts for my reasoning)
https://bitcointalksearch.org/topic/m.43842794
https://bitcointalksearch.org/topic/m.43860515
https://bitcointalksearch.org/topic/m.43861585
Can someone from the Minex team offer any feedback on this? Have you any strategies planned to encourage more buy-volume in the market?
What we need is more volume, other than the periodical dumping of parking interest.
I expect the coming weeks might be particularly bad for MNX price as the first quarterly parkings are due to mature.
For the record, I have a fairly decent amount of MNX. I am pleased with the reporting from the Minex Team and very interested in the project. It's absolutely not my intention to troll or attempt to disrupt the community.
I hope my posts come across as constructively critical. The whole ecosystem being built up by the team may fail for the worst reason... because MNX can't hold it's market value.
I think we are still waiting to see the impact of the VISA cards. There were some keen early adopters, myself included. Again for the record, I have passed my KYC checks and eagerly await my card delivery.
But surprisingly to me... enthusiasm for the cards is much lower than I was expecting. I base this on the published number of attempted KYC submissions (475). I hope that the thousands of other unpaid registrations are waiting to see the first few successful transactions reported and jump on board.
Analysing things more has led me to the conclusion that the strategies used to kick start this project may well cause its demise if not addressed within the next couple of quarters.
(See my previous posts for my reasoning)
https://bitcointalksearch.org/topic/m.43842794
https://bitcointalksearch.org/topic/m.43860515
https://bitcointalksearch.org/topic/m.43861585
Can someone from the Minex team offer any feedback on this? Have you any strategies planned to encourage more buy-volume in the market?
What we need is more volume, other than the periodical dumping of parking interest.
I expect the coming weeks might be particularly bad for MNX price as the first quarterly parkings are due to mature.
Dear bcfkm, thank you for your analysis and opinion.
Please be assured that the team does have strategies, which are not to be disclosed.
In the meantime we do read all community opinions and take into cosiderations any ideas or thoughts we find.
Bear in mind that undisclosed strategies sound like "we dont have a plan to address your concerns, but please think we do and continue to support our ponzi"
I think one thing missing in the benefit of the Minexpay cards is the number of MNX withdrawn from circulation to back the cards.
Lets look at this a moment......
Infinite cards..limited to 1000 but have 1000 MNX requirement to be kept on card......1,000,000 MNX total when all sold
Platinum cards 200 MNX required to be kept on card .. say in 1 year 5,000 sold...........1,000,000 MNX total
Gold card..50 MNX on card so suppose in 1 year 10,000 sold.......................................500,000 MNX need to be kept on card
The base card has no requirement...so in total that would be 2 1/2 million MNX out of circulation and current supply is a little over 4.5 million per coinmarketcap
And with all those in the MinexBank for parking, the available supply for trading will be rather small. This should drive up the price as more cards sold and more people have to buy MNX to pay for card and maintain the balance.
Lets hope the card works as planned as will be bullish for the price of MNX
Lets look at this a moment......
Infinite cards..limited to 1000 but have 1000 MNX requirement to be kept on card......1,000,000 MNX total when all sold
Platinum cards 200 MNX required to be kept on card .. say in 1 year 5,000 sold...........1,000,000 MNX total
Gold card..50 MNX on card so suppose in 1 year 10,000 sold.......................................500,000 MNX need to be kept on card
The base card has no requirement...so in total that would be 2 1/2 million MNX out of circulation and current supply is a little over 4.5 million per coinmarketcap
And with all those in the MinexBank for parking, the available supply for trading will be rather small. This should drive up the price as more cards sold and more people have to buy MNX to pay for card and maintain the balance.
Lets hope the card works as planned as will be bullish for the price of MNX
Yes, this is a good point. If enough cards go in to circulation, and are kept functional via the minimum balance requirements, there will be an impact.
Your numbers are very optimistic! I'm not expecting such a large user base. lets see in the coming months how many cards get reported. If we have even a quarter of your numbers we will be in a much stronger position.
I think one thing missing in the benefit of the Minexpay cards is the number of MNX withdrawn from circulation to back the cards.
Lets look at this a moment......
Infinite cards..limited to 1000 but have 1000 MNX requirement to be kept on card......1,000,000 MNX total when all sold
Platinum cards 200 MNX required to be kept on card .. say in 1 year 5,000 sold...........1,000,000 MNX total
Gold card..50 MNX on card so suppose in 1 year 10,000 sold.......................................500,000 MNX need to be kept on card
The base card has no requirement...so in total that would be 2 1/2 million MNX out of circulation and current supply is a little over 4.5 million per coinmarketcap
And with all those in the MinexBank for parking, the available supply for trading will be rather small. This should drive up the price as more cards sold and more people have to buy MNX to pay for card and maintain the balance.
Lets hope the card works as planned as will be bullish for the price of MNX
Lets look at this a moment......
Infinite cards..limited to 1000 but have 1000 MNX requirement to be kept on card......1,000,000 MNX total when all sold
Platinum cards 200 MNX required to be kept on card .. say in 1 year 5,000 sold...........1,000,000 MNX total
Gold card..50 MNX on card so suppose in 1 year 10,000 sold.......................................500,000 MNX need to be kept on card
The base card has no requirement...so in total that would be 2 1/2 million MNX out of circulation and current supply is a little over 4.5 million per coinmarketcap
And with all those in the MinexBank for parking, the available supply for trading will be rather small. This should drive up the price as more cards sold and more people have to buy MNX to pay for card and maintain the balance.
Lets hope the card works as planned as will be bullish for the price of MNX
Dear bcfkm, thank you for your analysis and opinion.
Please be assured that the team does have strategies, which are not to be disclosed.
In the meantime we do read all community opinions and take into cosiderations any ideas or thoughts we find.
Please be assured that the team does have strategies, which are not to be disclosed.
In the meantime we do read all community opinions and take into cosiderations any ideas or thoughts we find.
I suppose that is normal business practice for not sharing all future strategies. Thank you for explaining you are taking in to account all proposals and feedback that users put forward.
Price today increased by 14%. Is there any good news what I am missing? Or why people suddenly started to buy MinexCoin, or it is a bull trap? Because market 24 hour volume is decreasing...
This is somewhat true... Using the standard and gold cards as a reference... Is the 0.5% difference for charging and 1% difference in spending more than the % lost in purchasing MNX? An educated hedge would look at the falling price of MNX and deem it safer to transfer in BTC. In the last 3 months, it would hold far more value than MNX.
Again, I see no strong pressure to buy MNX
Again, I see no strong pressure to buy MNX
You compare replenishment % for fiat and spending % for other cryptos, while spending % for fiat is same as for spending % for MNX.
E.g. for Gold card to replenish card with fiat it is 0.5% for spending it via POS terminals it is 0%, ATM withdrawal - 1%
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