an incredible rise has occurred. new stock is going to be a list. the team is working very hard in the forums and social media are very active.good luck.
Hi. I lost my computer where was my Minex Wallet. Is there any way to recover it? 
Topic: Minexcoin - A new era of payments - page 564. (Read 646965 times)
an incredible rise has occurred. new stock is going to be a list. the team is working very hard in the forums and social media are very active.good luck.
My wallet is not syncing having 0 connection. Does anyone have a nodelist? Or any other advice?
Please write to [email protected] and we will check.hi dev, what do you think about the recent MNX HUGE price rally ? do you think a 100$ for MNX is possible and more important, do you think its a good price for the Minexbank trade ?
Hello, As we mentioned in our Bank memorandum : " 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."
so you mean that the mnx will go down to a more realistic price in some month ?
This is a surprising coin.
I did not expect such a growth, I wanted to pick up around 15 usd for a coin, but till I thought the price has increased till 30 and I thought I was late ..
I did not expect such a growth, I wanted to pick up around 15 usd for a coin, but till I thought the price has increased till 30 and I thought I was late ..
I think the hybrid structure of the POW + Parking works very well. Especially with algorithms of the MinexBank, this looks like a promising project.
My wallet is not syncing having 0 connection. Does anyone have a nodelist? Or any other advice?
addnode 217.182.64.253 to your minexcoin-qt wallet, it is one of my Minexcoin node servers. It is up 24/7.
My wallet is not syncing having 0 connection. Does anyone have a nodelist? Or any other advice?
Please write to [email protected] and we will check.hi dev, what do you think about the recent MNX HUGE price rally ? do you think a 100$ for MNX is possible and more important, do you think its a good price for the Minexbank trade ?
Hello, As we mentioned in our Bank memorandum : " 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."
so you mean that the mnx will go down to a more realistic price in some month ?
There are Minex Platform , Minex Exchange, Minex Market in the road map in the future. And each of those products need fees to use.
Sounds great, I have to admit I did not read everything. Anyway, parked my Minex coins for a year good luck all
If nobody is discussing this it is because it is pretty clear from the white paper ex:
The first year 1000 mnx + 70 % = 1700 so 700 from MinexBank. The second year 70% drops to 35 so 1700 + 35% = 2295 so 595 from MinexBank . To conclude MinexBank will pay less even including the compound. Moreover with the time the mining fees paid to MinexBank will increase !. Off coarse This is simplistic explanation just to show the concept
Cheers and congratulations to the ones deciding to be part of the project.
The first year 1000 mnx + 70 % = 1700 so 700 from MinexBank. The second year 70% drops to 35 so 1700 + 35% = 2295 so 595 from MinexBank . To conclude MinexBank will pay less even including the compound. Moreover with the time the mining fees paid to MinexBank will increase !. Off coarse This is simplistic explanation just to show the concept
Cheers and congratulations to the ones deciding to be part of the project.
Thankyou for the further explanation, of course its easy to create 10 mil coins and then drop the revenue further so they last for a while
but if miners get high fees, investors get few % revenue, the system will crash at some point dont you agree?
What I am trying to say is just that its nor really build to last, tho i do like the incentive of 70% revenue for the first year for early investors. But why should someone invest in lets say 5 years, when the interest is down to 10% a year? What is the real product, value at this point? When miners get high fees and investors get few revenue? The trust that people keep holding their coins at 10% and the price stays stable since there is still some virtual coins left to give out as revenue?
There are Minex Platform , Minex Exchange, Minex Market in the road map in the future. And each of those products need fees to use. But first I think Minexbank has to be stable and it seems like Minexcoin did a great job in garnering followers and adoptions.
I will be shutting down Minexcoin Faucet for about a day maybe two while I work on some server updates for better performance.
May take a lot less too, I don't know.
May take a lot less too, I don't know.
If nobody is discussing this it is because it is pretty clear from the white paper ex:
The first year 1000 mnx + 70 % = 1700 so 700 from MinexBank. The second year 70% drops to 35 so 1700 + 35% = 2295 so 595 from MinexBank . To conclude MinexBank will pay less even including the compound. Moreover with the time the mining fees paid to MinexBank will increase !. Off coarse This is simplistic explanation just to show the concept
Cheers and congratulations to the ones deciding to be part of the project.
The first year 1000 mnx + 70 % = 1700 so 700 from MinexBank. The second year 70% drops to 35 so 1700 + 35% = 2295 so 595 from MinexBank . To conclude MinexBank will pay less even including the compound. Moreover with the time the mining fees paid to MinexBank will increase !. Off coarse This is simplistic explanation just to show the concept
Cheers and congratulations to the ones deciding to be part of the project.
Thankyou for the further explanation, of course its easy to create 10 mil coins and then drop the revenue further so they last for a while
but if miners get high fees, investors get few % revenue, the system will crash at some point dont you agree?
What I am trying to say is just that its nor really build to last, tho i do like the incentive of 70% revenue for the first year for early investors. But why should someone invest in lets say 5 years, when the interest is down to 10% a year? What is the real product, value at this point? When miners get high fees and investors get few revenue? The trust that people keep holding their coins at 10% and the price stays stable since there is still some virtual coins left to give out as revenue?
honestly i haven't expected this price. I hope, You can keep that.
Yeah I bought a couple just to see what happens. But if you were minex CEO wouldnt you now sell a few hundret thousand coins to buy a couple of lambos and beach houses?
WOW! Huge congrats for everyone who got in early Nice success 
But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from???
After a few years all MINEX coins would be used up...
From miners fees and from bank reserves Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from???
After a few years all MINEX coins would be used up...
Ok but with compound interest, lets say you have 1000 MINEX...
After a year you get 800...
Now you have 1800 and will already receive another 1440 the second year.
In the third year you have 3240 Minex and will receive additional 2592...
You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE.....
And they cant pay the late investors a revenue anymore from the bank.....
It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something?
re-read the memorandum. the parking rate will reduces every year and even the minexbank reserve has been runs out the percentage that they take from miners will do the job it takes decades though.
If you are familiar with compound interest you know it would not take decades, unless they set the revenue to like 1% and below a year, which will offer few motivation for people to buy or hold the coin in the future.
I am not saying its all bad, the team seems nice and everything works and is very professional from what i have seen. Its just that unless this projects somehow generates revenue thru other means, thru a real product, it would have to crash sooner or later. But the same could be said about Bitcoin when all coins are mined.
If nobody is discussing this it is because it is pretty clear from the white paper ex:
The first year 1000 mnx + 70 % = 1700 so 700 from MinexBank. The second year 70% drops to 35 so 1700 + 35% = 2295 so 595 from MinexBank . To conclude MinexBank will pay less even including the compound. Moreover with the time the mining fees paid to MinexBank will increase !. Off coarse This is simplistic explanation just to show the concept
Cheers and congratulations to the ones deciding to be part of the project.
Hope some of you got in o the flash crash to $47....... Right back to $65 in an hour
For those saying it isn't sustainable what are you basing this assessment on this coin on ? LOTS of coins take off and go a lot higher percentage wise. BCC went from .17 in late Jan this year to over $300 now.
Zero reason this coin cant reach well over $300 and soon. Could easily break $100 in the next week. We could even see $300 before 2018 at this rate.
For those saying it isn't sustainable what are you basing this assessment on this coin on ? LOTS of coins take off and go a lot higher percentage wise. BCC went from .17 in late Jan this year to over $300 now.
Zero reason this coin cant reach well over $300 and soon. Could easily break $100 in the next week. We could even see $300 before 2018 at this rate.
yes, why not. Minex is much better than BCC ....BCC has a lot of more Max Supply Coins and Minex ICO was about over 6$..... Minex is a great Project and the Minex Team is mega
honestly i haven't expected this price. I hope, You can keep that.
This coin is not slowing down, its unbelievable already. It already caught the attention of an old timer here, one day MNX will also be noticed by big exchanges like bittrex. The price I think kept rising is because only few are being sold in the market and everyone seem to be parking MNX.
This project is amazing and con only get better and bigger. The advantage of being able to park your coins and earn revenue appeals to everyone, instead of selling and dumping it, and has showed interest by a huge amount of user number which keeps increasing everyday.
we have decided to support this amazing project by opening a new mining pool, come check us out at https://savspool.com/
We count on your support to make this project grow by decentralizing the mining process.
Mine ten times faster with Optiminer for MNX.
(you can get at https://github.com/Optiminer/OptiminerEquihash)
Come mine with us earn your coins and then park them for higher returns.
We believe that Minexcoin is a brilliant project and has a bright future.
what are the fees ?
low but how much ? our fees are just 0.1% lowest you can find anywhere
Hope some of you got in o the flash crash to $47....... Right back to $65 in an hour
For those saying it isn't sustainable what are you basing this assessment on this coin on ? LOTS of coins take off and go a lot higher percentage wise. BCC went from .17 in late Jan this year to over $300 now.
Zero reason this coin cant reach well over $300 and soon. Could easily break $100 in the next week. We could even see $300 before 2018 at this rate.
For those saying it isn't sustainable what are you basing this assessment on this coin on ? LOTS of coins take off and go a lot higher percentage wise. BCC went from .17 in late Jan this year to over $300 now.
Zero reason this coin cant reach well over $300 and soon. Could easily break $100 in the next week. We could even see $300 before 2018 at this rate.
Minexcoin Info:
Hashrate: 50.11 MSol/s Difficulty: 1.6015395894428
MinexBank Rates:
Daily: 0.29% Weekly: 4.51% Monthly: 8.7% Yearly: 70%
Price of MNX: $61.45
Hashrate: 50.11 MSol/s Difficulty: 1.6015395894428
MinexBank Rates:
Daily: 0.29% Weekly: 4.51% Monthly: 8.7% Yearly: 70%
Price of MNX: $61.45
WOW! Huge congrats for everyone who got in early Nice success
But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from???
After a few years all MINEX coins would be used up...
From miners fees and from bank reserves Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from???
After a few years all MINEX coins would be used up...
Ok but with compound interest, lets say you have 1000 MINEX...
After a year you get 800...
Now you have 1800 and will already receive another 1440 the second year.
In the third year you have 3240 Minex and will receive additional 2592...
You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE.....
And they cant pay the late investors a revenue anymore from the bank.....
It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something?
re-read the memorandum. the parking rate will reduces every year and even the minexbank reserve has been runs out the percentage that they take from miners will do the job it takes decades though.
If you are familiar with compound interest you know it would not take decades, unless they set the revenue to like 1% and below a year, which will offer few motivation for people to buy or hold the coin in the future.
I am not saying its all bad, the team seems nice and everything works and is very professional from what i have seen. Its just that unless this projects somehow generates revenue thru other means, thru a real product, it would have to crash sooner or later. But the same could be said about Bitcoin when all coins are mined.
Ok thanks for the info, so the revenue will decrease each year. Still seems a bit snowbally because unless you set the interest to extremely low values after some years you would run out of coins to pay revenue.
you are right. i am happy that somebody else is pointing this out.
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