Minexcoin - A new era of payments - page 27.

examplens

legendary

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Quote from: akira128 on December 05, 2018, 05:56:12 PM

Quote from: Cryptodiscuss on December 05, 2018, 04:31:33 PM

Ok what is happening? When I go to that link I see last memorandum from 03.2018. And it don't really have anything with current situation? Is original memorandum deleted or is it just spinning old news?

I'm not seeing the new memorandum either. The latest one posted is for the period: March-September 2018
Weird....they may have have deleted it. Either that or they're re-editing it.
For those that have seen the new memorandum, what were the new interest rates that go into effect on Dec 15?

Here: https://minexbank.com/memorandum

"With the view of further qualitative growth of the Minexcoin community, MinexBank introduces a system of diversifying interest rates depending on the amount of parked coins. Now the parking rates will increase not only as the parking period increases, but also as the amount of parked coins increases. Depending on the amount, four groups are set up for parking. Each group will have its own correction factor, which will be multiplied by the established rates for parking lots. The table below shows the calculation of rates using correction factors for different groups of parking, depending on the amount of parked coins. Thus, every member of the community, despite the planned reduction of interest on parking, has the opportunity to strengthen their positions and maintain profitability by increasing the amount of parked MNX."

Parking rates, (%)

akira128

newbie

Activity: 60

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Quote from: Cryptodiscuss on December 05, 2018, 04:31:33 PM

Ok what is happening? When I go to that link I see last memorandum from 03.2018. And it don't really have anything with current situation? Is original memorandum deleted or is it just spinning old news?

I'm not seeing the new memorandum either. The latest one posted is for the period: March-September 2018
Weird....they may have have deleted it. Either that or they're re-editing it.
For those that have seen the new memorandum, what were the new interest rates that go into effect on Dec 15?

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legendary

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I still can find this graphic on Minexpay website. Seems little bit a different than your new memorandum, and new announcements
Can someone from the team explain what's wrong here?

gefander

full member

Activity: 490

Merit: 103

Quote from: Bgbolahan on December 04, 2018, 03:24:57 PM

Quote from: gefander on December 04, 2018, 03:20:44 PM

Great! Would it still show up on the price, I would like to withdraw some profit from investment. But while the price is only$0.93

Hopefully in the bull run

There is already a finished product, look at other projects, with finished products, they live their lives, they clearly do not care about bears.

Cryptodiscuss

member

Activity: 518

Merit: 10

Ok what is happening? When I go to that link I see last memorandum from 03.2018. And it don't really have anything with current situation? Is original memorandum deleted or is it just spinning old news?

dejan_p

member

Activity: 132

Merit: 11

parkings made before interest rate drops stay with the initially selected interest rate, right? (shouldn't be otherwise)

veecryptos

newbie

Activity: 73

Merit: 0

Who told you guys to sell at $1.30? Tongue

what is it now? $0.85 ... 35% down in 2 weeks, hmm

mr.pacy.mf

jr. member

Activity: 408

Merit: 3

Quote from: MineCoin.org on September 11, 2018, 03:21:41 PM

Quote from: Prolifik on September 11, 2018, 03:10:36 PM

What a great news!
And about Instabuy and buyback program. What does it really mean? You will buy back coins from people? And for what price for market price? For example now you will buy it for 2 USD right?

All coins that were sold via Instabuy will be bought back on exchanges. We will provide you with info about buyback after it will happen ( can't spread info about it before it happen to avoid manipulations with the price ).

https://www.youtube.com/watch?v=_Is04Q3KAgg

43:40 -to the end fckn ukranian scamers take a profit from instabuy all this time ,they dont have in plan any buyback " now is maybe we will buyback "

"All coins that were sold via Instabuy will be bought back on exchanges"

fckn liers

thunderjet

sr. member

Activity: 916

Merit: 312

Quote from: RafalZ on December 05, 2018, 01:27:12 PM

Agree. Another bad move.
Rates should be dropped AFTER card relases, not before. And not so much.
Currently it looks like only positive thing in whole project has been brutally raped an killed by his father Grin

Sorry, but that memorandum and so much lowered rates looks like a bad joke.

I think they had no choice. Minexbank reserves (XVFYK9MgdMDhYwwnTsEkqBFvUytC5QtWE4) dropped to 331.372 MNX coins(100.000 drop in just few days) which is only 22% from initial 1.5 million.

They lost 78% of reserves for a year and with present rate ,Minexbank would bankrupt within 3 months.

Dirtpaw

jr. member

Activity: 192

Merit: 5

Quote from: examplens on December 05, 2018, 01:30:51 PM

Quote from: Dirtpaw on December 05, 2018, 12:56:35 PM

Quote from: pumawolf on December 05, 2018, 12:29:45 PM

ear Minexcoin community, we invite you to check out the recent MinexBank Memorandum. Get to know about parking interest rates diversification and other strategic decisions to take place on 15th of December.

You can find ENG, RU, and CN versions here: https://minexbank.com/memorandum

For fucks sake, hire a proofreader already. Every single time broken articles. Lol at those parking rates. Whales get better rates than everybody else, I wonder if there will be another massive sell-off because of rates drop like 3x fold again Grin

Only this time price isnt 20$, its fucking 0.87$, is it gonna drop to 2 cents ?! Roll Eyes

What a manipulation. In the memorandum, they constantly talking about increasing something.

Quote

"Now the parking rates will increase not only as the parking period increases, but also as the amount of parked coins increases."

The reality is much different, only investor losses increased.
very disappointing. I expect a further decline in prices and a more serious abandonment of Minex holders.

This time they were smart enough to leave out unrealistic price growth targets. I wonder why Roll Eyes

examplens

legendary

Activity: 3472

Merit: 3507

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Quote from: Dirtpaw on December 05, 2018, 12:56:35 PM

Quote from: pumawolf on December 05, 2018, 12:29:45 PM

ear Minexcoin community, we invite you to check out the recent MinexBank Memorandum. Get to know about parking interest rates diversification and other strategic decisions to take place on 15th of December.

You can find ENG, RU, and CN versions here: https://minexbank.com/memorandum

For fucks sake, hire a proofreader already. Every single time broken articles. Lol at those parking rates. Whales get better rates than everybody else, I wonder if there will be another massive sell-off because of rates drop like 3x fold again Grin

Only this time price isnt 20$, its fucking 0.87$, is it gonna drop to 2 cents ?! Roll Eyes

What a manipulation. In the memorandum, they constantly talking about increasing something.

Quote

"Now the parking rates will increase not only as the parking period increases, but also as the amount of parked coins increases."

The reality is much different, only investor losses increased.
very disappointing. I expect a further decline in prices and a more serious abandonment of Minex holders.

RafalZ

jr. member

Activity: 60

Merit: 1

Agree. Another bad move.
Rates should be dropped AFTER card relases, not before. And not so much.
Currently it looks like only positive thing in whole project has been brutally raped an killed by his father Grin

Sorry, but that memorandum and so much lowered rates looks like a bad joke.

Dirtpaw

jr. member

Activity: 192

Merit: 5

Quote from: pumawolf on December 05, 2018, 12:29:45 PM

ear Minexcoin community, we invite you to check out the recent MinexBank Memorandum. Get to know about parking interest rates diversification and other strategic decisions to take place on 15th of December.

You can find ENG, RU, and CN versions here: https://minexbank.com/memorandum

For fucks sake, hire a proofreader already. Every single time broken articles. Lol at those parking rates. Whales get better rates than everybody else, I wonder if there will be another massive sell-off because of rates drop like 3x fold again Grin

Only this time price isnt 20$, its fucking 0.87$, is it gonna drop to 2 cents ?! Roll Eyes

pumawolf

sr. member

Activity: 968

Merit: 250

ear Minexcoin community, we invite you to check out the recent MinexBank Memorandum. Get to know about parking interest rates diversification and other strategic decisions to take place on 15th of December.

You can find ENG, RU, and CN versions here: https://minexbank.com/memorandum

MineCoin.org

sr. member

Activity: 924

Merit: 299

minexcoin.com

Dear Minexcoin community, we invite you to check out the recent MinexBank Memorandum. It outlines our accomplishments and crucial strategic decision to diversify parking interest rates.

Whether you are holding MNX or are just planning to purchase the coins, read the new Memorandum, which will take effect on 15th of December.

You can find ENG, RU, and CN versions here: https://minexbank.com/memorandum

minexpuntcoin

jr. member

Activity: 193

Merit: 2

"

Quote from: Bgbolahan on December 04, 2018, 08:13:37 AM

Where are fudders these days,have they surrender?"

Fudders haven't surrendered, they won.

How come all you guys talk about is the cards? Lets see when that Dex is up and running because they perfected atomic swaps. Lets see when the Minexplatform is up and running for the sale of all sorts of goods and securities. These people have been spewing b.s. since this coin was $40. Nothing is ever finished, only mentioned long enough til they find another carrot to dangle in front of you. The cards are not happening, they never will happen. If Tenx and Monaco couldn't do it, when their coins had a hundred million in valuation, why do you think MNX with its 4 million valuation will even get a meeting with a legitimate bank? I understand you guys have investments and you are emotionally attached to this ship, but you aren't the captain, and sinking with it will bring you no honor. Call it FUD, or call it the truth, your choice.

Dirtpaw

jr. member

Activity: 192

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Quote from: TeMHuK on December 04, 2018, 01:06:41 PM

Quote from: Ano on December 04, 2018, 08:43:59 AM

Quote from: Bgbolahan on December 04, 2018, 08:13:37 AM

Where are fudders these days,have they surrender?

I also missing these comments now it turned into very boring thread and no more new pages are being created like before. This is really strange what is the conclusion of this war and who is right?

Test cards are working like it was promised by MNX team. Fuders defeated. It's no more sense to lie and they are gone.

Only test cards are working. Customer cards still not available as was promised by MNX team months ago. Fudders dont need to fud anymore. Go read the last article, the team can create enough FUD themselves Wink

Seems like you pro-MNX white knights dont care or dont want to care if you get lied to your face for months.

btcyoda

member

Activity: 644

Merit: 10

Quote from: the_thing on December 04, 2018, 11:57:03 PM

Quote from: thunderjet on December 04, 2018, 05:24:25 PM

Yes, he was talking about how they are trying to find potential card provider for months.So far,no success.

Actually, they cant do almost nothing in advance ,before they make a contract. Reasons are they dont know what kind of license issuer has,what jurisdiction it covers,bank accounts requrements,what will be card limits and fees, cant ask VISA or Mastercard for card design approval before issuing contract, cant make contract with card manufacturer....

It is so complicated and long procedure. Honestly I am pesimistic that they will make a valid contract in weeks,but we will see.

I think it will take them quite sometime for getting cards out to the general public because getting the card approval is just not that easy.

Once they release the card definitely it will impact on the price of minex coin. Previously we have seen many negative comment about minexcoin but with video recently they share gives some boost.

the_thing

sr. member

Activity: 546

Merit: 252

Proof-of-Stake Blockchain Network

Quote from: thunderjet on December 04, 2018, 05:24:25 PM

Yes, he was talking about how they are trying to find potential card provider for months.So far,no success.

Actually, they cant do almost nothing in advance ,before they make a contract. Reasons are they dont know what kind of license issuer has,what jurisdiction it covers,bank accounts requrements,what will be card limits and fees, cant ask VISA or Mastercard for card design approval before issuing contract, cant make contract with card manufacturer....

It is so complicated and long procedure. Honestly I am pesimistic that they will make a valid contract in weeks,but we will see.

I think it will take them quite sometime for getting cards out to the general public because getting the card approval is just not that easy.

thunderjet

sr. member

Activity: 916

Merit: 312

Quote from: Racquemis1 on December 04, 2018, 04:52:54 PM

Quote from: thunderjet on December 04, 2018, 04:28:10 PM

Quote from: Bgbolahan on December 04, 2018, 03:20:33 PM

Quote from: thunderjet on December 04, 2018, 02:19:48 PM

Quote from: Bgbolahan on December 04, 2018, 12:18:52 PM

Quote from: Ano on December 04, 2018, 08:43:59 AM

Quote from: Bgbolahan on December 04, 2018, 08:13:37 AM

Where are fudders these days,have they surrender?

I also missing these comments now it turned into very boring thread and no more new pages are being created like before. This is really strange what is the conclusion of this war and who is right?

Minexpay has released test card and it works very fine without problem so far and i think the final card is very soon now.

It is test card only,for testing Minex software.You can test any card,it is not a problem. It is not card for customers.

Final card issuing is on a long,long shot. They dont have even a contract with card issuer,not to mention fullfiling all regulations and procedures after it.

When and if they make a such contract, they will need in the best case scenario at least 6-8 months to finish it and if all goes smoothly.

So,first lets wait if they will find card issuer who is willing to work with them. Making fuss that test cards are the ones for customers is wrong and misleading.

First contract about sub-issuing ,then we will see.

Yesterday, emails was sent to customer to refill some documents, The purpose was that,card issuing bank require document not less than 3-month as said by boris in the telegram chat.

With logic,this shows that there is a bank which is ready to issue the card.

But what is not cleared is that,
1.how many months they have been working with that bank to issue the card.
2.what is the name of the bank

I am sure everything will be revealed when all are set

That is probably only for the ones who want so called test-cards.If that e-mail was sent to all customers,it is pointless,because without contract with card provider they do not know what are requirements for the customers will be and what limits and fees cards will have it.

If they made contract with some card-issuer ,Iam sure they will publish it immediately.

From theirs last statement and video ,it seems they are trying to find card issuer at least 6 months.

As I said we can talk about getting cards in some timeframe only when they make contract with some card provider to issue brand cards.Till now still nothing. We will see.

From thr last video with COO we could hear me speak about already in contact with multiple potential partners.
that doesn't mean after signing they still have alot of work to do. Al of preparations could already have been done with those potential partners where some minor details just need to be worked out before signing the deal for card issuance.
coo said it would take couple of weeks to pick the suitable partner.

We well see indeed.

Yes, he was talking about how they are trying to find potential card provider for months.So far,no success.

Actually, they cant do almost nothing in advance ,before they make a contract. Reasons are they dont know what kind of license issuer has,what jurisdiction it covers,bank accounts requrements,what will be card limits and fees, cant ask VISA or Mastercard for card design approval before issuing contract, cant make contract with card manufacturer....

It is so complicated and long procedure. Honestly I am pesimistic that they will make a valid contract in weeks,but we will see.

Topic: Minexcoin - A new era of payments - page 27. (Read 646781 times)