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Topic: Minexcoin - A new era of payments - page 495. (Read 646965 times)

hero member
Activity: 1014
Merit: 1055
December 20, 2017, 10:56:37 AM
here one more time, the link for voting:

https://twitter.com/moonstatscom/status/943403655935426560

vote for mnx to get it listed!

its damn close:

45%RaiBlocks $XRB
08%Sonm $SONM
01%Binance coin $BNB
46%MinexCoin $MNX
jr. member
Activity: 66
Merit: 1
December 20, 2017, 09:44:11 AM
Project looks interesting   Kiss
sr. member
Activity: 896
Merit: 289
Twitter: @BTY_11073
December 20, 2017, 09:41:14 AM
if  u list binance MNX go to moon  Grin Grin Grin
Yes, I think so too.

MinexcoinTeam should consider Minexcoin not only on Bittrex and HitBTC but also on Binance.
Perhaps it has a positive impact on Minexcoin.
member
Activity: 194
Merit: 12
Trust me. I'm a holder.
December 20, 2017, 09:10:33 AM
if  u list binance MNX go to moon  Grin Grin Grin
sr. member
Activity: 924
Merit: 299
minexcoin.com
December 20, 2017, 08:19:33 AM
Minexcoin Info:
Hashrate: 47.87 MSol/s Difficulty: 1.9974093264249

MinexBank Rates:
Daily: 0.46% Weekly: 3.75% Monthly: 14.2% Yearly: 70%

Price of MNX: $26.20
sr. member
Activity: 728
Merit: 259
December 20, 2017, 07:19:11 AM
When you are mining in a contract, can you take the coins out?
what do you mean? If you mean parking, so yes you can. Or you can repark that coins and get more profit.
member
Activity: 84
Merit: 10
MNX Donations: XXYt4ww42AHqSfN4Nt78bieo35h7eV3h4n
December 20, 2017, 06:47:53 AM
After parking ends each time, do I need to save a new backup of wallet.dat in order to make sure the backup is updated with the new total balance from parking ends?

You can if you want to make sure, but it is not necessarily, because the wallet always synchronizes with the network.
Make sure you keep wallet.dat file in a safe place, like flash drive.

But if the wallet.dat file is stored in a flash drive not connected to the internet, how can it synchronize with the network to update the new amount of coins?

A wallet.dat stores everything needed to access your accounts, it doesn't store the balance : That's what the blockchain is used for.
Consider it as a key to access your safe, nothing else.
The only true backup you need is a copy of the private key(s) for your wallet address(es). Having the wallet.dat backed up is still a good routine, but if it gets corrupted or deleted and you don't have your private keys, then you're screwed.

Keep a txt file and/or hand written set of wallet address / private key pairings; so long as you have the privkey, you can recover your wallet from any MNX wallet software client (which will add it to the current wallet.dat in use). You can recover it to multiple wallet.dat files (if you were to have, say, a master wallet of all addresses you use, as well as wallet files with individual addresses).

Regardless of any of that, if you're going to back up your wallet.dat, then keep a string of backups. They don't all have to be sync'd regularly; just regularly toss the .dat into a backup folder and 'Copy, but keep both files'. This is in case of the previously mentioned file corruption.

I personally keep a txt record of address/privkey pairings on a thumb drive alongside my various wallet files. And a copy on my spare encrypted & locked HDD. I just need to print/write the address:privkeys out to complete the trifecta. :p

But my question is how can the balance get updated on the stored wallet.dat file when parking ends each week? If it's just on a flash drive, it would need to be updated every week with new dat file, correct?
The balance is kept on the blockchain, not the wallet. You don't need your wallet.dat to access the wallet address and its balance on the MinexBank page. You only need access to your wallet.dat via wallet software to send your coins to the exchange (or another wallet). If you wanted to be diligent, you could just backup your wallet.dat after every parking by tossing it onto the same thumb drive (Copy, but keep both files); again, in case of file corruption.
member
Activity: 82
Merit: 10
December 20, 2017, 06:42:25 AM
After parking ends each time, do I need to save a new backup of wallet.dat in order to make sure the backup is updated with the new total balance from parking ends?

You can if you want to make sure, but it is not necessarily, because the wallet always synchronizes with the network.
Make sure you keep wallet.dat file in a safe place, like flash drive.

But if the wallet.dat file is stored in a flash drive not connected to the internet, how can it synchronize with the network to update the new amount of coins?

A wallet.dat stores everything needed to access your accounts, it doesn't store the balance : That's what the blockchain is used for.
Consider it as a key to access your safe, nothing else.

But my question is how can the balance get updated on the stored wallet.dat file when parking ends each week? If it's just on a flash drive, it would need to be updated every week with new dat file, correct?
newbie
Activity: 68
Merit: 0
December 20, 2017, 06:31:03 AM
After parking ends each time, do I need to save a new backup of wallet.dat in order to make sure the backup is updated with the new total balance from parking ends?

You can if you want to make sure, but it is not necessarily, because the wallet always synchronizes with the network.
Make sure you keep wallet.dat file in a safe place, like flash drive.

But if the wallet.dat file is stored in a flash drive not connected to the internet, how can it synchronize with the network to update the new amount of coins?

A wallet.dat stores everything needed to access your accounts, it doesn't store the balance : That's what the blockchain is used for.
Consider it as a key to access your safe, nothing else.
member
Activity: 82
Merit: 10
December 20, 2017, 06:27:36 AM
After parking ends each time, do I need to save a new backup of wallet.dat in order to make sure the backup is updated with the new total balance from parking ends?

You can if you want to make sure, but it is not necessarily, because the wallet always synchronizes with the network.
Make sure you keep wallet.dat file in a safe place, like flash drive.

But if the wallet.dat file is stored in a flash drive not connected to the internet, how can it synchronize with the network to update the new amount of coins?
sr. member
Activity: 630
Merit: 250
December 20, 2017, 04:52:12 AM
Price MNX down.
If MNX cant list on bittrex or another big exchange
I think MNX will down to 1$ same another POS coin
Now an excellent price. All I mined I sold for $ 5  Embarrassed

well don't sold what you mined. just hold it and trust minex. it will rise again and surpass the ATH. just wait for atleast 2 months from now when the minexbank fully working.
sr. member
Activity: 924
Merit: 299
minexcoin.com
December 20, 2017, 03:00:09 AM
every week parking rating is decreased. why? It should be more stable. 
Hello!
 
The base annual parking rate of the MNX will be reviewed every 6 months based on the assessment of changes occurred in the cryptocurrency market for the expired period. Based on the analysis of the growth rate of the cryptocurrency market for the last 6 months, the base annual parking rate is set at 85% now, so in case of excessive demand, the interest rate for parking payments will decrease.

You can also read MinexBank Memorandum and MinexCoin White Paper to understand where MinexBank is heading:
https://medium.com/minecoin-blog/minexbank-memorandum-3106d2865fde
https://minexcoin.com/html/download/wpeng.pdf
full member
Activity: 1134
Merit: 103
December 20, 2017, 02:51:34 AM
Price MNX down.
If MNX cant list on bittrex or another big exchange
I think MNX will down to 1$ same another POS coin
Now an excellent price. All I mined I sold for $ 5  Embarrassed

this is the main problem for big amount of traders or investors. It's really really difficult to hold. But if you study it, it can become really rich

Within the short period, you can't become rich because bitcoin took nearly 10 years to reach 19000$ mark. Not only MNX coin there are many other coins dumped in the market and now it is the right time for Minex coin correction in terms of price.
hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
December 20, 2017, 02:42:12 AM
Price MNX down.
If MNX cant list on bittrex or another big exchange
I think MNX will down to 1$ same another POS coin
A lot of people say that, if coin listed on Bittrex or any other big exchange the prices goes up and can survive, but you see there are also coins that have entered Bittrex or other major exchanges delisted due to low trading volume and some other reasons, so I think the coin can persist and the price rises not because of the exchange but because of the development of the project that shows to the good movement, thus ending up getting much attention from cryptocurrency fans.
sr. member
Activity: 924
Merit: 299
minexcoin.com
December 20, 2017, 02:24:50 AM
Minexcoin Info:
Hashrate: 43.71 MSol/s Difficulty: 2.116396402988

MinexBank Rates:
Daily: 0.46% Weekly: 3.75% Monthly: 14.2% Yearly: 70%

Price of MNX: $24.76
newbie
Activity: 27
Merit: 0
December 20, 2017, 02:12:17 AM
When you are mining in a contract, can you take the coins out?
full member
Activity: 560
Merit: 100
December 20, 2017, 02:08:13 AM
Price MNX down.
If MNX cant list on bittrex or another big exchange
I think MNX will down to 1$ same another POS coin
Now an excellent price. All I mined I sold for $ 5  Embarrassed

this is the main problem for big amount of traders or investors. It's really really difficult to hold. But if you study it, it can become really rich
full member
Activity: 560
Merit: 100
December 20, 2017, 02:06:07 AM
This coin is reach the target. The target was 20$ but why so many people complain about it, no project become famous project in only 1 night. You should look another project like eth it's become big in 3 years. Not in a month man

Actually now price for the coin is quiet stable I would say.
+- 5 usd and this is a good time for parking
newbie
Activity: 31
Merit: 0
December 19, 2017, 10:13:55 PM
Price MNX down.
If MNX cant list on bittrex or another big exchange
I think MNX will down to 1$ same another POS coin
Now an excellent price. All I mined I sold for $ 5  Embarrassed
member
Activity: 392
Merit: 10
December 19, 2017, 09:08:42 PM
Price MNX down.
If MNX cant list on bittrex or another big exchange
I think MNX will down to 1$ same another POS coin

this is not a pos coin, the price is going down for the bitcoin dump, like the most part of the other alt.
At this price Mnx it's a bargain
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