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Topic: Minexcoin - A new era of payments - page 358. (Read 646769 times)

member
Activity: 252
Merit: 11
March 16, 2018, 08:56:03 AM
Crypto Rich showed a chart in one of his videos comparing BTC & MNX over a preiod of time, and to say the least, that MNX chart looked like a winner compared to BTC in terms of slow and steady growth instead of those eratic ups and downs.
full member
Activity: 826
Merit: 117
March 16, 2018, 08:47:09 AM
Cost of MNX holding solid! Exchanging volume today multiplied and it keeps on being one of the best 100 coins list in coinmarketcap.
don't worry,
we will be on TOP 100 cryptocurrency market soon.
become early minexcoin holder it's a great opportunity for all of us.
lets show cryptoworld the power of minexcoin
sr. member
Activity: 924
Merit: 299
minexcoin.com
March 16, 2018, 08:16:38 AM
Does VPS mining is profitable and is it legal to do from Amazon aws
their Graphics card is high end

Hello, mining questions are perfectly covered in the pool Telegram group @mxpool  Cool
sr. member
Activity: 460
Merit: 250
March 16, 2018, 07:58:26 AM
Does VPS mining is profitable and is it legal to do from Amazon aws
their Graphics card is high end
sr. member
Activity: 422
Merit: 250
March 16, 2018, 07:52:59 AM
Cost of MNX holding solid! Exchanging volume today multiplied and it keeps on being one of the best 100 coins list in coinmarketcap.
full member
Activity: 219
Merit: 101
March 16, 2018, 07:38:57 AM
When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?

The rates are meant to decrease over time no matter what.  The price is dropping in USD due to the drop in bitcoins price, not to do with a high number of coins getting dumped just look at the volume, its low, if people were pulling lots of coins out of parkings to sell on the exchanges you would see a bigger increase in the rates i believe, but my guess is that most people just leave their coins parked, one of the main reasons MNX has lost significantly less value than most other coins this last week.  

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  Wink

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?

*IF* I understood well, when the rate is to be corrected, EITHER Minex bot buys or sells to compensate, OR the interest rates are changed.
An algorithm decides the best correction to apply, based on many parameters I guess.
In your example, maybe it preferred to buy to support the rate instead of increasing the interest rates.
And when the price increased it chose to immediatly decrease the interest rate.

This is what I understand, but I don't know much about it here...

Thank you guys.
Sounds reasonable although I would prefer to have more information on how the algo decides what to do next
sr. member
Activity: 728
Merit: 259
March 16, 2018, 07:07:01 AM

84,88% of annual growth is really great. +/-10% per month from the bank from parking. It is really great project. Grin

Let's cross the fingers. Parking combined with  84,88% of annual growth   is not bad for crypto. Love MNX.
84.88% annual growth of MNX is the Minimal level. I think real one will be much much higher.
sr. member
Activity: 924
Merit: 299
minexcoin.com
March 16, 2018, 03:23:40 AM
Minexcoin Info:
Hashrate: 162.90 MSol/s Difficulty: 7.1169905031623

MinexBank Rates:
Daily: 0.25% Weekly: 1.84% Monthly: 11.3% Yearly: 70.2%

Price of MNX: $25,12 USD
member
Activity: 308
Merit: 10
March 16, 2018, 03:16:51 AM
http://telegra.ph/MINEXBANK-MEMORANDUM-2018-03-15

MINEXBANK NEW MEMORANDUM.

GREAT! MINEXBANK will pursue a monetary policy to maintain an average annual growth of USD/MNX rate not lower than 84.88%
84,88% of annual growth is really great. +/-10% per month from the bank from parking. It is really great project. Grin

If the price will rise as planned, we will only remember in the dreams of a rate of 10% per month.
In any case, growth against the background of a general fall is only encouraging.

P.S. Boris said in a telegram: atomik swap with bitcoin will be shown on Monday.
member
Activity: 219
Merit: 15
March 16, 2018, 03:03:28 AM

84,88% of annual growth is really great. +/-10% per month from the bank from parking. It is really great project. Grin

Let's cross the fingers. Parking combined with  84,88% of annual growth   is not bad for crypto. Love MNX.
sr. member
Activity: 728
Merit: 259
March 16, 2018, 01:38:48 AM
http://telegra.ph/MINEXBANK-MEMORANDUM-2018-03-15

MINEXBANK NEW MEMORANDUM.

GREAT! MINEXBANK will pursue a monetary policy to maintain an average annual growth of USD/MNX rate not lower than 84.88%
84,88% of annual growth is really great. +/-10% per month from the bank from parking. It is really great project. Grin
jr. member
Activity: 193
Merit: 2
March 15, 2018, 09:52:09 PM
OK guys, I admit when I am wrong, apparently 70% is here to stay!  Fuck yearly parking!
sr. member
Activity: 826
Merit: 254
March 15, 2018, 09:37:29 PM
http://telegra.ph/MINEXBANK-MEMORANDUM-2018-03-15

MINEXBANK NEW MEMORANDUM.

GREAT! MINEXBANK will pursue a monetary policy to maintain an average annual growth of USD/MNX rate not lower than 84.88%
sr. member
Activity: 924
Merit: 299
minexcoin.com
March 15, 2018, 09:27:42 PM
Minexcoin Info:
Hashrate: 146.71 MSol/s Difficulty: 7.1169905031623

MinexBank Rates:
Daily: 0.25% Weekly: 1.84% Monthly: 11.3% Yearly: 70.2%

Price of MNX: $25,29 USD
full member
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
March 15, 2018, 06:55:00 PM
Patiently waiting for MNX to make a little dip. I'd like to buy MNX and park them but the current price is way above my level. And I'd need to park more to make a considerable profit out of em. The best time to get in is now. Hoping the price goes down more. Great stuff here. The interest rates are juicy.
sr. member
Activity: 728
Merit: 259
March 15, 2018, 06:12:02 PM
When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  Wink

whats up temhuk??? im not in telegram!
You can join at any time https://web.telegram.org/#/im?p=@minexcoin 
jr. member
Activity: 193
Merit: 2
March 15, 2018, 06:08:45 PM
When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  Wink

whats up temhuk??? im not in telegram!
jr. member
Activity: 193
Merit: 2
March 15, 2018, 06:05:31 PM
When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?

The rates are meant to decrease over time no matter what.  The price is dropping in USD due to the drop in bitcoins price, not to do with a high number of coins getting dumped just look at the volume, its low, if people were pulling lots of coins out of parkings to sell on the exchanges you would see a bigger increase in the rates i believe, but my guess is that most people just leave their coins parked, one of the main reasons MNX has lost significantly less value than most other coins this last week.  
sr. member
Activity: 728
Merit: 259
March 15, 2018, 06:04:31 PM
When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  Wink
sr. member
Activity: 728
Merit: 252
Healing Galing
March 15, 2018, 05:08:50 PM
Can we do mining with the new Antminer X3 miner
which will get launch in next month from bitmain
No. Minexcoin's mining algorithm MARS(Equihash) is ASIC resistant. What you were telling is an ASIC miner. You can use it in Monero and BTC and other ASIC coins out there.
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