Minexcoin - A new era of payments - page 538.

jenlex13

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Quote from: ?? on ??

Let me just clarify that the $20,000 'loss' was not a loss of my initial investment, just a loss of potential profits. I still sold the coin at a higher price than I bought it at. I have lost all faith in the coin's ability to recover its price beyond the $30 mark. I think that it is much more sensible to convert it back to Bitcoin at this point.

You said here that you sell it for higher price

Quote from: ?? on ??

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

But here you said that you sold it for lower price?

what is the truth?

richdadphat

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Quote from: TeMHuK on December 07, 2017, 10:48:38 AM

true, he crying here all day but no proofs at all. Newbie investor with possibility to lost 20.000$ it sounds like FUD

Any solution for MNX Coin stop dump ?

Pump N Dead

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Quote from: ?? on ??

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

lol, you only lose if you sell it low. Then why did you sell it at loss? Minexcoin will definitely bounce soon and you can also enjoy the profit from minexbank while holding. Cheesy

what a life!

TeMHuK

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Quote from: ?? on ??

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

so, what do you want from us? you could park your coins every week and get 5% profit. But you decided to lose money and gain from parking. now BTC will fall down and you will lose half of your funds again. We calling that people for hamsters. if you start to counting your potential profit that mean you allready lost.

jenlex13

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Quote from: ?? on ??

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

so you bought HIGH and sell low?

TeMHuK

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true, he crying here all day but no proofs at all. Newbie investor with possibility to lost 20.000$ it sounds like FUD

myminex

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Quote from: ?? on ??

Quote from: kenzie95 on December 07, 2017, 06:02:41 AM

Firstly interest rates are changing depending on the coins price, higher the price, lower the interest,

Quote from: ?? on ??

it doesn't seem likely that the current system can continue without the coins ultimately being reduced in value to a fraction of their current worth, a drastic reduction in the interest rates Minexbank is paying out, or both.

Quote from: kenzie95 on December 07, 2017, 06:02:41 AM

secondly they said first 3 months, STARTING FROM 1.st November are going to be testing months for this coin AND for the bank, meaning changes are still to be made !

Quote from: ?? on ??

3) The Minexcoin team themselves have said that the coin is meant to be low volatility after a calibration period of a few months, and the coin appears to be trending down to a long-term level that will be maintained by the coins algorithm far below the high of a few days ago. The Minexcoin team predicted a stable price of around $20.

Quote from: kenzie95 on December 07, 2017, 06:02:41 AM

3.rd this coin is just out for a month and dev said exchanges do not welcome any side talks so all we can do is wait for news.

Quote from: ?? on ??

5) There is still no news of the coin being listed on other exchanges, and no guarantee that it ever will be. Even if it is, I don't see this helping with any of the above points.

Quote from: ?? on ??

I didn't answer you because you made unfounded statements about my financial situation, and you didn't really bring up anything that I didn't already address in my initial post.

Quote from: kenzie95 on December 07, 2017, 06:02:41 AM

And who cares if u lost 20k$, if u bought this coin on ico u would be at x30 profit atm, but i highly doubt that u even have 20k in ur pocket so..

Quote from: kenzie95 on December 07, 2017, 10:10:53 AM

U're obviously a troll then, gonna start ignoring u now and suggest every1 else to do so, glhf

I'm not a troll, branding me as one is lazy.

Proof of purchase of $ 20k MNX. If not u is spam.

kenzie95

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Quote from: ?? on ??

I didn't answer you because you made unfounded statements about my financial situation, and you didn't really bring up anything that I didn't already address in my initial post.

U're obviously a troll then, gonna start ignoring u now and suggest every1 else to do so, glhf

kenzie95

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Quote from: bribed on December 07, 2017, 09:45:54 AM

Quote from: ?? on ??

I know I will not convince any of those posting. I am providing an alternative viewpoint to those who ghost this forum and have not already invested in the project (and as such are likely not biased in favour of it).

As you did make an account just to post in the minexcoin thread, I must admit you are really polite and only sharing your opinion on it as it seems. I like that, because most of trolls (dont mean you here, but most people that pick acc names like you did here are trolls) just spam nonesense and have nothing to say at all. I respect reading up on another point of view. History is always written by the winners, but whats the truth? Always need to look at both sides to find it Wink

He's pretty much talking non-sense since he obviously didn't read white paper or memorandum. You can see my argument on his first post 2 pages behind or so. He didn't answer me anything ofcourse

bribed

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I know I will not convince any of those posting. I am providing an alternative viewpoint to those who ghost this forum and have not already invested in the project (and as such are likely not biased in favour of it).

As you did make an account just to post in the minexcoin thread, I must admit you are really polite and only sharing your opinion on it as it seems. I like that, because most of trolls (dont mean you here, but most people that pick acc names like you did here are trolls) just spam nonesense and have nothing to say at all. I respect reading up on another point of view. History is always written by the winners, but whats the truth? Always need to look at both sides to find it Wink

jenlex13

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I know I will not convince any of those posting. I am providing an alternative viewpoint to those who ghost this forum and have not already invested in the project (and as such are likely not biased in favour of it).

okay good point..

SetasSan

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I think recently price dropped so fast is because Minexbank dumped some coins
this is in WP:
"In case of excessive demand, the interest rate for parking payments will decrease. This will
cause asset holders to enter the market, which in turn will cause the price to go down. In case
this method fails to work effectively enough, MinexBank starts selling the assets itself in order to
subdue pressure from buyers."

jenlex13

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That is not what I said. I think you need to be qualified to advise people to invest in something, but you don't necessarily have to be to caution people against investing in something. The reason for this is simple. If you advise people to invest, you are potentially putting their money on the line if they take your advice. If you advise them not to, they may lose out on potential profits if they take your advice, but at least there is no risk of them going broke. I take your point on board about trading and graphical analysis, limits etc. I may look into this further.

Okay.. just to finish this conversation. You already said your piece and as i said we will not take your advice and will not dump our coins.

Anon11073

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Quote from: Anon11073 on December 07, 2017, 08:14:16 AM

Quote from: ?? on ??

I promise this is my one and only account.

You are a fool. There is no one here to listen to the Newbie novels.
Please stop FUD immediately. Angry

I don't know that friend but,

You are a disrespectful and bad person...

Ah, sorry.
I got too hot. I am also stupid, but minexuseless remarks are incorrect.

myminex

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I've seen green. I hope it will be more stable than the price increase.

fabcl

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Quote from: ?? on ??

I don't really think you can draw a comparison between classical stock markets and the crypto market, so I'm not sure why you're bringing that up. Additionally, I think it is one thing to advise people to invest in something, and I agree that that shouldn't be done without possessing the requisite knowledge to give that opinion. It is another thing to simply caution people against investing in something, and I think it is not fair to say that one has to be 'qualified' to provide such a caution. It may be based on their personal experiences. There are very few people who are very knowledgable in this area, and as you say it is very difficult to get it right even if you are.

By this reasoning, if anything the multitudes of unqualified, untrained and unknowledgeable people in this thread harping on about how great Minexcoin is, and probably influencing many multitudes of similar people to buy it, are more in the wrong than I.

I agree with you on one thing : Giving advice positively or negatively is the same.

And yes, a comparison between classical stock market and crypto can be done because all the methods (technical and fundamental analysis) created for the classical stock market can be applied to crypto.

And if you want to do day trading, you should really learn how to do graphical analysis because that's what every day trader (human or AI) will do and sell and buy orders can be triggered quickly when passing some specific limits and you should know what those limits are.

KGBx

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Quote from: MineCoin.org on December 07, 2017, 02:08:19 AM

Quote from: KGBx on December 06, 2017, 06:17:22 PM

I requested withdrawal from a bounty portal few days ago (4.1 smth MNX), how long does it usually take to process such withdrawal?

Hello. Bounty withdrawals are being checked manually and may take up to a week.

Thanks for the reply. I like the fact that you didn't lock\erase rewards, I didn't claim them for long time, now the price is very attractive

alesi0

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Quote from: ?? on ??

So if I can convince just one person to sell now and avoid financial heartache, then I am happy.

If you care for people, why do you recommend to sell? If someone sells it, there is another person needed, who will buy it. So either way tokens are owned

It's better to be good samaritan the way you prevent person from buying... it's better to prevent, than to cure...

jenlex13

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Let's face it, the only reason you are getting upset by what I'm saying is because you're worried it will make the price crash. I highly doubt that it will, and if it did, wouldn't it kind of prove what I am saying? If the coin is only held up by sentiment, what is its true value?

If I'm upset with the price why did I bought 100 MNX Today with the current value?
We have different opinions so don't force us to think like you ..

fabcl

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Quote from: ?? on ??

All I am trying to do is present a different viewpoint and hopefully make a few people see reason and sell their coins before it crashes another 50-100%.

You claim you just lost a big potential gain and you give an advice.
It looks like we should rather do the exact opposite of what you propose

Seriously, investing money is not buying something and hoping it's going to raise quickly. Go play slot machines, it pays more.
I am afraid by the number of comments here and everywhere else on this site about people betting their money on things without any knowledge.

Crypto currencies opened the gates to anybody which is a good and a bad thing at the same time.
But please, train yourself before playing with your money.
Learn how to do fundamental analysis.
Learn how to do graphical analysis.
Learn a bit of technical things because crypto currencies are basically based on technical things.

I've been trading (but not professionaly) for the last 20 years on classical stock markets.
I play a bit with crypto currencies.
I have a software engineer degree and some training in the financial area.

And still, I proceed carefully, because crypto currencies stays somewhat unpredictable and volatile.

And moreover, I wouldn't give any advice to anyone because :
- That's not my job and I don't want to be responsible for anyone's loss
- There's a huge probability I'm wrong.

So please people, train yourself and learn a lot. It's the best capitalization you can do (And it's the only advice I would give).

Topic: Minexcoin - A new era of payments - page 538. (Read 646965 times)