The correspondence of Wow, Minexcoin team is wonderful.
The problem of MinexBank was solved quickly.
Topic: Minexcoin - A new era of payments - page 399. (Read 646965 times)
Well, I see the team that handles this project is very much. But what makes it interesting is that all those people are professional and accomplished and experienced people. I have no qualms about this great project. Good luck dev and all the team.
I've 1.90 MNX i want sell this for 200$ 
WoW 1,90 MNX thats great.
Currently top 10 average is +3.5%
MNX is -3.06%
Lets see better rates devs or lets see the bank step up the purchasing
MNX is -3.06%
Lets see better rates devs or lets see the bank step up the purchasing
Bank intervention is an emergency like option, please double check at WhitePaper how it works
I have read the whitepaper. And I am not intending on being complicated, but if the whitepaper says that the minexbank will take efforts to keep motion within 5% of the average of the top 10 currencies, and the purchasing is considered an emergency option, why haven't we seen rate increases?
If there is no action, I think consideration needs to be taken for changing the objective of the project, which is fine. There is plenty of success with Minexcoin, and the future is bright, but tying yourself to the top 10 currency motion and taking no action when a deviation of more than 5% occurs goes directly against the explanation as far as I understand it in the whitepaper. I believe a rate increase is in order to keep consistent with your whitepaper
Next revision of the MNX growth rate to USD will be effected on March 1, 2018.
After March 1, 2018, the average annual growth rate of MNX to USD would be revised upwards based on realities of cryptocurrency market development. This is characterized by the significant growth of joint market capitalization in 2017 as compared to 2016.
Ultimately we would like to see increases in Minexcoin adoption. If that were to happen, the price could go much higher. If the devs have the ability and our agreement that when the price rises too much too fast, that they should sell coins or lower interest rates in order to suppress the price, we should get the benefit of the coin moving upwards as well when the top 10 do. If it is in the whitepaper that the purpose of the coin is to react to the average of the top 10 coins, then that is what we should expect, am I incorrect in thinking this??? If I am incorrect, then we need to reestablish what the point of this coin is. There are many quality points to this coin, and I kind of wish that the price was not connected to the top 10 in order to allow huge growth for Minexcoin. It seems that we have foregone that ability however, so there should be a rise in the price of the coin when the top 10 rise, plain and simple, and if that floats more than 5% from that average, we should expect action from our devs.
I can tell you better. In next 1 or 2 months I'll visit Kiev again and probably I'll meet some of MNX devs for interview. Please, don't repeat about that again after interview 
Temhuk, You are very lost. I like this project very much, and have a decent investment in it. But trying to understand it should not be hated on the way you do every single time I post.
IT IS IN THE WHITEPAPER, that the coin is to follow the top ten, and if it deviates more than 5% from that average, something IS supposed to be done. Expecting the coin to follow the top 10 should not be treated w such hostility. Firstly, if you want a stable payment system, following the moving average of the top 10 of the currencies in the most volatile currency market in existence makes little to NO sense. Cryptos are volatile, and NONE of the top 10 are stable enough to be a reliablepayment system, and they seem to move together, so there is NO reason to think you will gain a stable currency by following the weighted average of 10 volatile and connected currencies. So suggesting that they say "We want the coin to never move more than 5% from the previous close within a 24 hour perioud" would make a hell of a lot more sense than saying, "we want to make a stable currency by following the most volatile currencies in existence."
So when you respond in a negative manner to me, at least address what I am saying, bc it makes perfect sense, even though just because I wrote it you will look to demean me, and refute what I have said NO MATTER WHAT, bc honestly you are just kind of an Ahole, I am sure anyone who reads your posts knows that about you by now though
Minexcoin Info:
Hashrate: 57.51 MSol/s Difficulty:2.2832366048189
MinexBank Rates:
Daily: 0.41% Weekly: 3.05% Monthly: 15.92% Yearly: 70.4%
Price of MNX: $19,78 USD
Hashrate: 57.51 MSol/s Difficulty:2.2832366048189
MinexBank Rates:
Daily: 0.41% Weekly: 3.05% Monthly: 15.92% Yearly: 70.4%
Price of MNX: $19,78 USD
https://imgur.com/a/4XCqM
Minex Bank and wallet show balance a bit different. Is something wrong somewhere like in my wallet? These numbers used to match till last couple days.
Thanks,
It is because some of your coins is in the wallet, but at another adress. use Setings--Options--Wallet--Enable coin control than press inputs in sending menu and send all remaining coins to your wallet. Minex Bank and wallet show balance a bit different. Is something wrong somewhere like in my wallet? These numbers used to match till last couple days.
Thanks,
Currently top 10 average is +3.5%
MNX is -3.06%
Lets see better rates devs or lets see the bank step up the purchasing
MNX is -3.06%
Lets see better rates devs or lets see the bank step up the purchasing
Bank intervention is an emergency like option, please double check at WhitePaper how it works
I have read the whitepaper. And I am not intending on being complicated, but if the whitepaper says that the minexbank will take efforts to keep motion within 5% of the average of the top 10 currencies, and the purchasing is considered an emergency option, why haven't we seen rate increases?
If there is no action, I think consideration needs to be taken for changing the objective of the project, which is fine. There is plenty of success with Minexcoin, and the future is bright, but tying yourself to the top 10 currency motion and taking no action when a deviation of more than 5% occurs goes directly against the explanation as far as I understand it in the whitepaper. I believe a rate increase is in order to keep consistent with your whitepaper
Next revision of the MNX growth rate to USD will be effected on March 1, 2018.
After March 1, 2018, the average annual growth rate of MNX to USD would be revised upwards based on realities of cryptocurrency market development. This is characterized by the significant growth of joint market capitalization in 2017 as compared to 2016.
Ultimately we would like to see increases in Minexcoin adoption. If that were to happen, the price could go much higher. If the devs have the ability and our agreement that when the price rises too much too fast, that they should sell coins or lower interest rates in order to suppress the price, we should get the benefit of the coin moving upwards as well when the top 10 do. If it is in the whitepaper that the purpose of the coin is to react to the average of the top 10 coins, then that is what we should expect, am I incorrect in thinking this??? If I am incorrect, then we need to reestablish what the point of this coin is. There are many quality points to this coin, and I kind of wish that the price was not connected to the top 10 in order to allow huge growth for Minexcoin. It seems that we have foregone that ability however, so there should be a rise in the price of the coin when the top 10 rise, plain and simple, and if that floats more than 5% from that average, we should expect action from our devs.
I can tell you better. In next 1 or 2 months I'll visit Kiev again and probably I'll meet some of MNX devs for interview. Please, don't repeat about that again after interview Temhuk, You are very lost. I like this project very much, and have a decent investment in it. But trying to understand it should not be hated on the way you do every single time I post.
IT IS IN THE WHITEPAPER, that the coin is to follow the top ten, and if it deviates more than 5% from that average, something IS supposed to be done. Expecting the coin to follow the top 10 should not be treated w such hostility. Firstly, if you want a stable payment system, following the moving average of the top 10 of the currencies in the most volatile currency market in existence makes little to NO sense. Cryptos are volatile, and NONE of the top 10 are stable enough to be a reliablepayment system, and they seem to move together, so there is NO reason to think you will gain a stable currency by following the weighted average of 10 volatile and connected currencies. So suggesting that they say "We want the coin to never move more than 5% from the previous close within a 24 hour perioud" would make a hell of a lot more sense than saying, "we want to make a stable currency by following the most volatile currencies in existence."
So when you respond in a negative manner to me, at least address what I am saying, bc it makes perfect sense, even though just because I wrote it you will look to demean me, and refute what I have said NO MATTER WHAT, bc honestly you are just kind of an Ahole, I am sure anyone who reads your posts knows that about you by now though
https://imgur.com/a/4XCqM
Minex Bank and wallet show balance a bit different. Is something wrong somewhere like in my wallet? These numbers used to match till last couple days.
Thanks,
Minex Bank and wallet show balance a bit different. Is something wrong somewhere like in my wallet? These numbers used to match till last couple days.
Thanks,
Problem on Minexbank seems to be solved now! Thank you dev.
I think thaht bank work okey again...litle longer pending this time but nothing teribble..everything is ok now I got coins from the bank!Thank you MINEX team! We belive in you!
Say thanks to our community members. They reported about that issue and Devs response speed was amazing. If you see or you have some kind problems with MNX feel freee to ask about them here or in Telegram, MNX support works 24/7
Bank seems to be working again, THX team!!!!
Moin,
my parkings a done....... 2h later ....but okay for me.....
thx and keep up the good work on this great coin !
have a nice sunday at all !
my parkings a done....... 2h later ....but okay for me.....
thx and keep up the good work on this great coin !
have a nice sunday at all !
I think thaht bank work okey again...litle longer pending this time but nothing teribble..everything is ok now I got coins from the bank!Thank you MINEX team! We belive in you!
I've 1.90 MNX i want sell this for 200$
It could be possible in 2-3 years.or even faster
I've 1.90 MNX i want sell this for 200$
parking pending 32 hours
Dear community!
Thank you for letting know about this issue.
It is necessary to review the reasons for that failure and identify ways to achieve the desired results.
We will do our best to proceed the payouts as soon as possible.
Sorry for keeping you waiting.
Hope you fix this SOON, as you encourage us to park, and with THIS parking I am loosing 0.37 MNX daily by not being able to repark at current interest
I think it would be fair if they implemented reimbersement for the delay of parking release. I'd be interested to know communty's opinion about this.
parking pending 32 hours
Dear community!
Thank you for letting know about this issue.
It is necessary to review the reasons for that failure and identify ways to achieve the desired results.
We will do our best to proceed the payouts as soon as possible.
Sorry for keeping you waiting.
Can we get notified in a way (e-mail notification?) that the things are back on track?
It would be counterproductive (for our time and maybe for your server too) to keep checking when the issue is fixed and we can park again.
Maybe an option for the user to enable automatic re-add for parking of all the available funds would be a wonderful addition too.
Hope you fix this SOON, as you encourage us to park, and with THIS parking I am loosing 0.37 MNX daily by not being able to repark at current interest
We all lose more or less amounts. I am sure they try hard to fix it, else the people could start losing confidence in them.
parking pending 32 hours
Dear community!
Thank you for letting know about this issue.
It is necessary to review the reasons for that failure and identify ways to achieve the desired results.
We will do our best to proceed the payouts as soon as possible.
Sorry for keeping you waiting.
Hope you fix this SOON, as you encourage us to park, and with THIS parking I am loosing 0.37 MNX daily by not being able to repark at current interest
Isnt same issue on lolMiner-mnx from Lolliedieb? Dev fee is targeted on dedicated port (which isnt published on main page) on suprnova?
Currently lolMiner fee is working very simple: One out of 50 GPU runs the miner uses a 2nd connection (yes to suprnova) for fee submission. From the current difficulty and the much lower hashrate thats 1-2 shares per minute I would guess. There are no further connections and no other algorithm running but the one in the main thread that mines for you. You can monitor this in wireshark if you like.
In a future version I will switch from suprnova to an own server, but else not much will change. lolMiner will never run an other algorithm in background - for fee it just does what it does for you.
Currently lolMiner has 2%, but I promised in the lolMiner thread that I will spread 50% of my first month income to those people helping me finding bugs during the first two weeks of existence. Furthermore after this first month next version will reduce fee to 1.5% and in first post of thread I already gave some conditions on which I will lower it to 1%. And if I ever stop giving support for this I will clean up and release sources.
Hope this serves you
parking pending 32 hours
Dear community!
Thank you for letting know about this issue.
It is necessary to review the reasons for that failure and identify ways to achieve the desired results.
We will do our best to proceed the payouts as soon as possible.
Sorry for keeping you waiting.
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