Author

Topic: Minexcoin - A new era of payments - page 545. (Read 646965 times)

sr. member
Activity: 728
Merit: 259
December 06, 2017, 09:54:29 AM
Jump to the train people, it's departs Wink
sr. member
Activity: 924
Merit: 299
minexcoin.com
December 06, 2017, 09:52:33 AM
I warned People on here that they were not following their memorandum, they lost credibility by not reducing rates after 20. It seems like they just want the price higher instead of slow steady growth like they promise. Now you will need to keep rates very high to attract people again.

Did you read it at all?
"first three months from November 1, 2017, will be the period of creation and development of the MNX exchange market. The market will be formed in stages due to different terms of trades launching on various exchanges. In addition, there will be a process of testing and debugging the algorithm of Minexbank's operation in real conditions (the development of a database and response tools). Therefore, deviations from the real macroeconomic parameters declared in the Memorandum are possible in first three months."

https://minexbank.com/memorandum
newbie
Activity: 55
Merit: 0
December 06, 2017, 09:45:00 AM
I'm sorry for people who bought it at $ 70, mnx is a bad project for me


I warned People on here that they were not following their memorandum, they lost credibility by not reducing rates after 20. It seems like they just want the price higher instead of slow steady growth like they promise. Now you will need to keep rates very high to attract people again.
member
Activity: 207
Merit: 10
December 06, 2017, 09:41:48 AM
I'm sorry for people who bought it at $ 70, mnx is a bad project for me
full member
Activity: 121
Merit: 100
December 06, 2017, 09:31:23 AM
why Minex coin (MXN) price decreased a lot? I bought a lot of coin with 49$ and still holding them.But today I am very scared about those coin.some one discuss about it please.
you should parking your coin in minexbank!. Do not worry about the price, it's definitely not under $ 50 at the end of 2018.
you need to check it https://coinmarketcap.com/currencies/minexcoin/ $23.81 USD  right now the price of minexcoin. I think i did good .Will buy again when it will be $15
full member
Activity: 209
Merit: 100
Join Cashbery Coin!
December 06, 2017, 09:18:30 AM
And they have promised not volatile market. 5% Grin from 1$ -> 70$ -> 30$. Serrously ? looks like algo is not working

You need to do some finer reading... https://medium.com/minecoin-blog/minexcoin-monthly-report-1-hit-the-top-675ab5b48fa1
This was posted yesterday.

Quote from: Above Posted Article
Another question which was asked in the community several times was “What will be with the price after $20 high and what does the MinexBank do with fluctuations similar to December hits?”. According to MinexBank Memorandum, our algorithm needs three months for a final calibrating and before reaching this point the price will depend on the market like it’s happening now. So if the market would think that the MNX price should be much higher than it claimed in Memorandum, it will raise. Also, it must be said that, accordingly to our White Paper, Minexbank would correlate the price within 5% range from the cost based the previous day’s closure price.

“The 20$ price was the first basic point set in our Memorandum, — says Boris Shulyaev, CEO of MinexSystems. — But if you read this document closely, it mentioned that price can differ highly and will set on the mark which market established itself. However, with the price and volume growth, we’ll see fluctuations reductions”.


The algo is accounting for "previous day's closure price" as stated in the quote.

They really need to remove that $20 statement on the bank page, it's very misleading.
member
Activity: 70
Merit: 10
December 06, 2017, 09:11:42 AM
It's always like this. Good dump brings always profitable pump. I think it'll drop to $15 then rise again.
sr. member
Activity: 924
Merit: 299
minexcoin.com
December 06, 2017, 09:05:35 AM
Minexcoin Info:
Hashrate: 81.37 MSol/s Difficulty: 2.0373992440098

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

Price of MNX: $31.43
full member
Activity: 143
Merit: 120
December 06, 2017, 09:02:34 AM
I'm so stupid, so maybe someone can explain, how inflation is helping to increase the price? If I'm getting more coins after a week I will dump more Grin so the price will go down all the time because there will be more coins than investors. There is no demand for this coin.

There's no demand yet because it still needs some marketing and bigger exchange. When people find out about the bank and interest rates, and the anti-volatilty alghoritm, trust me it's gonna be real boom. I find this dump really good cuz I'm not gonna day trade this coin anyways, just park it and earn huge interest Smiley
sr. member
Activity: 924
Merit: 299
minexcoin.com
December 06, 2017, 08:57:46 AM
Dear community!
Interest rates in the MinexBank has been changed
You can enable email notifications in your MinexBank settings


copper member
Activity: 223
Merit: 0
December 06, 2017, 08:57:25 AM
why ? buy more than sell, prices fall?  Huh
newbie
Activity: 26
Merit: 0
December 06, 2017, 08:51:25 AM
I'm so stupid, so maybe someone can explain, how inflation is helping to increase the price? If I'm getting more coins after a week I will dump more Grin so the price will go down all the time because there will be more coins than investors. There is no demand for this coin.

If there is no demand how do you explain buy orders in the market? LOL. If it's overpriced sell and buy back lower. Market always have the balance. Minex team doesn't need to do anything else than set the interest rates.


maybe demand is to collect some coins, then pump and dump them. Many coins have same demand.
https://imgur.com/a/AZzGb
looks like a dump
legendary
Activity: 2548
Merit: 1519
December 06, 2017, 08:45:04 AM
I'm so stupid, so maybe someone can explain, how inflation is helping to increase the price? If I'm getting more coins after a week I will dump more Grin so the price will go down all the time because there will be more coins than investors. There is no demand for this coin.

If there is no demand how do you explain buy orders in the market? LOL. If it's overpriced sell and buy back lower. Market always have the balance. Minex team doesn't need to do anything else than set the interest rates.
newbie
Activity: 26
Merit: 0
December 06, 2017, 08:43:25 AM
I'm so stupid, so maybe someone can explain, how inflation is helping to increase the price? If I'm getting more coins after a week I will dump more Grin so the price will go down all the time because there will be more coins than investors. There is no demand for this coin.
sr. member
Activity: 518
Merit: 261
December 06, 2017, 08:37:07 AM
lol that stupid guy ... minexbank is not responsible of peoples actions, and they warned us for the price volatility. In my case, i dont care, im here since the ICO , and im very happy Smiley
hero member
Activity: 1148
Merit: 512
December 06, 2017, 08:31:24 AM
The price drop off has more to do with BTC being so bullish.

I'm sure there is a bunch of people waiting for the bottom out of MNX to scoop some up and park them.

Of course they are waiting at 0.0018, lol!

Mnx is just started and they know it could grow more than this!

They will simply buy at the dip floor! Then pump!

Just go and collect some cheap coins as soon as possible . it's been deeply down but some big investors still buy this coin as the big holders for long-term period . I can guess big pumps again at the end of this week and Hold your coin tightly.
newbie
Activity: 26
Merit: 0
December 06, 2017, 08:22:01 AM
take a look at https://coinmarketcap.com/currencies/minexcoin/ November 3 2017  1.27$

You give a link you don't even know how to read charts. We were here November 3, did you? Check November 10. There wasn't any working market before that time. It's like pointing out $150 flash crash of Bitcoin and say it comes from 150 to 13000. LOL. Collect right information and come here. Your FUD point is not legit.

here is transaction to live coin https[Suspicious link removed]xplorer.com/?r=explorer/tx&hash=c9fbe6afab3eaf5f32a66833d91a20a0f221984754f52cc7cba67e1c5f8b3afd, (2017-11-01 14:54:40) but I didn't dumped that time. Looks like I know better what I'm talking about.
full member
Activity: 325
Merit: 100
aGUARD- Offers Staking, Mining and Masternodes
December 06, 2017, 08:21:30 AM
The price drop off has more to do with BTC being so bullish.

I'm sure there is a bunch of people waiting for the bottom out of MNX to scoop some up and park them.

Of course they are waiting at 0.0018, lol!

Mnx is just started and they know it could grow more than this!

They will simply buy at the dip floor! Then pump!
newbie
Activity: 68
Merit: 0
December 06, 2017, 08:11:20 AM
take a look at https://coinmarketcap.com/currencies/minexcoin/ November 3 2017  1.27$

You give a link you don't even know how to read charts. We were here November 3, did you? Check November 10. There wasn't any working market before that time. It's like pointing out $150 flash crash of Bitcoin and say it comes from 150 to 13000. LOL. Collect right information and come here. Your FUD point is not legit.

ReLOL, I bought it at $3 on November 5th on Livecoin...
legendary
Activity: 2548
Merit: 1519
December 06, 2017, 08:02:50 AM
take a look at https://coinmarketcap.com/currencies/minexcoin/ November 3 2017  1.27$

You give a link you don't even know how to read charts. We were here November 3, did you? Check November 10. There wasn't any working market before that time. It's like pointing out $150 flash crash of Bitcoin and say it comes from 150 to 13000. LOL. Collect right information and come here. Your FUD point is not legit.
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