It's only been 6 months since Minexcoin's creation, Bitcoin has been around for almost 10 years and it's still in development, things don't just happen overnight. When the Minex platform is created then we can see some more uses for the coin. Currently it's good for a passive income, it's still way better interest than most banks offer. As for the current price my guess is people got bored of waiting and they wanted to move their money into other projects while the entire crypto market cap doubled in the past month, basically all the people who wanted to make a quick buck left the project and now were left with the long term holders. I'm not too concerned with the current price since this is a long term investment for me.
fine. but I would appreciate if minex marketing people stopped bullsh&tting about some non existant algo (or it is so primitive that needs constant override by some experts and occasional override by the CEO)
This coin has big promises but fails to deliver on its major one (stability) by a veeery long mile
fail does not mean it will last forever. minexcoin need more liquidity to control the volatility.
for me, there is 2 major reason why i still want to buy more minexcoin and holding it when the price is going down.
1. i still believe minexcoin still has future because development are still on going and they (minexcoin dev) still wanted to delivery their work for minexcoin community and supporters.
2. i love this coin. i do not mind minexcoin will be worth less than i have bought yesterday or maybe tomorrow.
just like if a people love someone or something, they are willing to lose their money, their time, their mind for their love.
Sorry but I sold most of my position. Have been in to this coin since $10, watched it hit $70 and now its going back down to $10
Sad to see. I have been actively parking and really loved this coin. Had over 2K coins at one point. Their decision to suddenly drop rate from 14% down to 5% was a mistake. Of course this massive drop in price was going to happen. Small changes like they have been making were much better for the price of this coin. Only reason for such a big change is because they saw it wasn't sustainable which I get. They still should have dropped the rates slowly to get to their goal. Developers don't seem to have our best interests in mind and that is a red flag to me. Hard to say how low this will go but I'm more or less out.
Best of luck to you guys holding
the first thing you must understand. the reason why people buy cryptocurrency is not only all about money.
why does satoshi nakamoto spend his time to build bitcoin. do you thing he is willing to do it for money? who knows??
i think he did not expect bitcoin or cryptocurrency can be this big.
thank you and good bye
