Minexcoin - A new era of payments - page 531.

Rennsemmal

newbie

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Quote from: fabcl on December 08, 2017, 06:51:12 AM

This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.

I guess you also want a screenshot to proof that 1 + 1 = 2?

You're getting ridiculous.

Rofl

fabcl

newbie

Activity: 68

Merit: 0

Quote from: ?? on ??

This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.

I guess you also want a screenshot to proof that 1 + 1 = 2?

You're getting ridiculous.

jenlex13

full member

Activity: 168

Merit: 100

LoyalCoin-Redefining Customer Loyalty

Quote from: ?? on ??

This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.

so you just need to know if the daily rate is really 0.89%?
for example i have 200MNX after 24 hours it will be 201.78?
and you are not believing that it is really that way?

deimo

newbie

Activity: 13

Merit: 0

Quote from: TeMHuK on December 08, 2017, 06:44:38 AM

Quote from: ?? on ??

No one is addressing the key point here, and the reason I am questioning the interest rate. At 0.89% per day every day , the coin is completely unsustainable in terms of paying out interest. It is only feasible if it is 0.89 p.a./365.

Today it is 0.89% per day. Tomorrow for example 0,57% two weeks later 0.79% That percent can be changed. Mate my suggestion to you, do not trade crypto. If you can't read simple paper where is wrote everything, you will lose all your money in zero. Better buy a car for your money and take a holyday.

you made my day Cheesy

TeMHuK

sr. member

Activity: 728

Merit: 259

Quote from: ?? on ??

No one is addressing the key point here, and the reason I am questioning the interest rate. At 0.89% per day every day , the coin is completely unsustainable in terms of paying out interest. It is only feasible if it is 0.89 p.a./365.

Today it is 0.89% per day. Tomorrow for example 0,57% two weeks later 0.79% That percent can be changed. Mate my suggestion to you, do not trade crypto. If you can't read simple paper where is wrote everything, you will lose all your money in zero. Better buy a car for your money and take a holyday.

BlackMambaPH

hero member

Activity: 1022

Merit: 509

AXIE INFINITY IS THE BEST!

Its already more than a ago month that minexcoin listed to an exchange which is Livecoin.net.
I just want to ask if is there any progression about listing in other exchange or especially adding minexcoin to Poloniex.

Well having adding this in Poloniex will help to increase the average price of Minexcoin.

jenlex13

full member

Activity: 168

Merit: 100

LoyalCoin-Redefining Customer Loyalty

Quote from: ?? on ??

No one is addressing the key point here, and the reason I am questioning the interest rate. At 0.89% per day every day , the coin is completely unsustainable in terms of paying out interest. It is only feasible if it is 0.89 p.a./365.

Okay.. I will prove it to you.. daily - weekly - monthly and yearly are different rates..

if you park for daily you will gained interest every 24 hours and for weekly every 7 days and so on.

I just can't post my ss here cause I only tried daily rates yesterday because i parked weekly always..

this is my weekly parkings. as you can see every week i get paid..

TeMHuK

sr. member

Activity: 728

Merit: 259

Quote from: ?? on ??

Thank you. A screenshot will be helpful. I am happy to be proven wrong, I just want solid proof. No, just showing me something that says '0.89% daily' is not enough, for the reasons I already stated.

I'm really suprised how much someone can be khe...''not smart'' do you know how to scroll web page down? I can explain to you how to use mouse if you want. But now try to do it by yourself. go to thes official web page and scroll page down https://minexbank.com and open your eyes

jenlex13

full member

Activity: 168

Merit: 100

LoyalCoin-Redefining Customer Loyalty

Quote from: ?? on ??

Thank you. A screenshot will be helpful. I am happy to be proven wrong, I just want solid proof. No, just showing me something that says '0.89% daily' is not enough, for the reasons I already stated (this would normally be construed as 0.89% p.a./365).

this is like the weekly parking which gives you the interest every week..
as you can see in my SS i was paid every week for a month.

nowaltcoin

full member

Activity: 158

Merit: 100

Quote from: ?? on ??

Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.

I've read all your statements before, but with the last two statements you have shown, that you are just a clueless person....

A lot of just wind and phrase about different point of views and so on.....just do your basics!

1. read white paper and thats important understand!
2. https://www.thestreet.com/story/10375486/1/how-do-central-banks-work.html and understand
3. take some hours to just recapitulate the essential points

4 ask your questions

and than we will know what a kind of person you are juast an imposter or on the way to an expert Roll Eyes

Rennsemmal

newbie

Activity: 77

Merit: 0

Quote from: ?? on ??

Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.

Quote from: MineCoin.org on December 08, 2017, 02:41:35 AM

Minexcoin Info:
Hashrate: 47.31 MSol/s Difficulty: 2.4116355619992

MinexBank Rates:
Daily: 0.89% Weekly: 4.5% Monthly: 13.9% Yearly: 70%

Price of MNX: $18.76

proof enough ??

You wrote that you had minexcoins but sold them.
So you have a MNX adress and can look up the rates in the bank yourself.
Dont be so lazy and let others do your work.
If you want something, you need to work for it Wink

toucan

member

Activity: 148

Merit: 10

Quote from: ?? on ??

Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.

OK asshole, I have parked for daily rate for 3 days and it is 0.89% interest for 1 day

myminex

copper member

Activity: 223

Merit: 0

Quote from: ?? on ??

Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.

You can find out here! www.minexbank.com

jenlex13

full member

Activity: 168

Merit: 100

LoyalCoin-Redefining Customer Loyalty

Quote from: ?? on ??

But where is the proof of this?

I just parked yesterday at daily rate .. I will put Screenshot here after 3 hours.

fabcl

newbie

Activity: 68

Merit: 0

Quote from: ?? on ??

Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.

Seriously, I already told you : The bank pays you the interests at the end of the period, so yes it's a daily rate. Then use the following formula to calculate the yearly rate :

((1 + daily rate/100)^365 - 1) * 100

TeMHuK

sr. member

Activity: 728

Merit: 259

Quote from: ?? on ??

But where is the proof of this?

Big investor Grin

I'm crying

TeMHuK

sr. member

Activity: 728

Merit: 259

Quote from: ?? on ??

Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.

open bank site and check. it is 0.89 daily now, but this percent will be changed after price ricing. read white paper and you will understand why it will hapends.

jenlex13

full member

Activity: 168

Merit: 100

LoyalCoin-Redefining Customer Loyalty

Quote from: ?? on ??

Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.

It is 0.89% daily. you will earned your 0.89% interest after 24 hours.

TeMHuK

sr. member

Activity: 728

Merit: 259

Quote from: ?? on ??

This seems broken to me. Can anyone actually confirm that its 0.89% interest daily and not 0.89% per annum divided by 365? Interest rates are generally per annum. Otherwise it makes no sense. Why would the daily parking interest rates added up over a yearly period be higher than parking the coin for the entire year? isn't the incentive meant to be make people park the coins for as long as possible?

You told us you was investor, but did you read Minexcoin white paper and memorandum? If you did, so why you asking so simple questions?

musta5a

jr. member

Activity: 294

Merit: 7

BITDEPOSITARY - Make ICO's , More Secure

Central bank and crypto just can't live under the same roof

Topic: Minexcoin - A new era of payments - page 531. (Read 646965 times)