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Topic: Minexcoin - A new era of payments - page 570. (Read 646965 times)

sr. member
Activity: 896
Merit: 289
Twitter: @BTY_11073
December 03, 2017, 05:49:11 AM
I have no words here, $47/coin. What to say here more.  Huh

well, there are magic words to say more -  buy and  park to have passive income for living on the steadily base.
Yes. 'Buy and Hold' is old.
Buy and Parking!
full member
Activity: 462
Merit: 100
December 03, 2017, 05:35:22 AM
lol stay away then, and miss this great opportunity Wink

Once money will be in One year parking contract, do you really think it's gonna dump ?


Think logic


They didn't draw this coin in a day like "so many" others.
sr. member
Activity: 896
Merit: 289
Twitter: @BTY_11073
December 03, 2017, 05:21:48 AM
I heard that growth of this coin is connected with the fact that 98% of coins are in hands of developers, they still haven't confirmed collecting in the first round of ICO, I prefer to steer clear of such coins.
Please stop FUD. That is not the case.
sr. member
Activity: 728
Merit: 259
December 03, 2017, 05:08:07 AM
I heard that growth of this coin is connected with the fact that 98% of coins are in hands of developers, they still haven't confirmed collecting in the first round of ICO, I prefer to steer clear of such coins.
No, it is not true. you can read about that in white paper(page 16). https://minexcoin.com/html/download/wpeng.pdf 
sr. member
Activity: 406
Merit: 250
December 03, 2017, 04:54:22 AM
I heard that growth of this coin is connected with the fact that 98% of coins are in hands of developers, they still haven't confirmed collecting in the first round of ICO, I prefer to steer clear of such coins.
newbie
Activity: 68
Merit: 0
December 03, 2017, 04:48:02 AM
Parking is very profitable, notably now
sr. member
Activity: 728
Merit: 264
December 03, 2017, 04:47:33 AM
Vovvv its price  reached 55 USD ETH/MNX parity. Weekly parking rate dropped a little. But it is still very acceptable and profitable. Hope to see minexcoin in huge exchanges. Good luck devs
full member
Activity: 168
Merit: 100
LoyalCoin-Redefining Customer Loyalty
December 03, 2017, 04:44:29 AM
Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

You have wrong. 1 500 000 of the premine of 5 500 000 MNX was reserved for the MNX Bank reserve. That's how they actually pay the interests.

And minexbank has percentage on all the mined blocks.
sr. member
Activity: 728
Merit: 259
December 03, 2017, 04:38:37 AM
Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

Is there a mining thread?
1. Bank takes 20% of block reward to pay interests. Page 11 at https://minexcoin.com/html/download/wpeng.pdf

2. from all people less than 1% do yearly parking and amount payd by yearly interest is very low.

3. https://web.telegram.org/#/im?p=@mxpool
sr. member
Activity: 924
Merit: 299
minexcoin.com
December 03, 2017, 04:34:01 AM
Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

Is there a mining thread?
Hello, you can find answer to this question in our White Paper at https://minexcoin.com/html/download/wpeng.pdf.
member
Activity: 71
Merit: 10
December 03, 2017, 04:32:43 AM
mnx best coin in the world  Cool Cool Cool Cool

full member
Activity: 159
Merit: 100
December 03, 2017, 04:15:19 AM
Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

You have wrong. 1 500 000 of the premine of 5 500 000 MNX was reserved for the MNX Bank reserve. That's how they actually pay the interests.
full member
Activity: 159
Merit: 100
December 03, 2017, 04:12:52 AM
There is a chance to see the Exchange and a web wallet integrated in minexbank? I don’t like the idea to have separate entity, i’d see minexbank more like waveswallet.io

Not sure this is great idea. Web wallets are focused by hackers in order to find security issues and steals coins. I actually prefer to have the actual system... because my MNX coins stills in my core wallet.

But nevertheless, if we can see soon a ledger support for MNX, this would be awesome... because hardware wallet is the more secure way to store your coins. And moreover, it's the trend. Doing so will give confidence into the coin.
full member
Activity: 420
Merit: 100
December 03, 2017, 04:11:48 AM
There is a chance to see the Exchange and a web wallet integrated in minexbank? I don’t like the idea to have separate entity, i’d see minexbank more like waveswallet.io

Hello, I will transfer your request to our developers.
that will be nice .....
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
December 03, 2017, 04:10:39 AM
Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

Is there a mining thread?
sr. member
Activity: 924
Merit: 299
minexcoin.com
December 03, 2017, 04:08:36 AM
There is a chance to see the Exchange and a web wallet integrated in minexbank? I don’t like the idea to have separate entity, i’d see minexbank more like waveswallet.io

Hello, I will transfer your request to our developers.
member
Activity: 392
Merit: 10
December 03, 2017, 04:05:46 AM
There is a chance to see the Exchange and a web wallet integrated in minexbank? I don’t like the idea to have separate entity, i’d see minexbank more like waveswallet.io
newbie
Activity: 51
Merit: 0
December 03, 2017, 03:34:34 AM
oh man that price increase 0_o
newbie
Activity: 84
Merit: 0
December 03, 2017, 03:26:00 AM
Could someone who is better at math tell me, what would Weekly rate have to drop to, to make yearly 70% the better option?

1 month has 4 weeks.. so 4 x 12 = 48 then 70% divide by 48 = 1.45%

1.45% weekly is equivalent to 70% yearly

so if weekly rate is 1.40% ( 67.2% yearly if you park weekly) .. Then yearly parking will be the best option at 70%.

Some are not considering the compounded interest with daily and weekly.  Can make the interest gains 10X higher that 70% yearly even at 1.45%.  Yearly you dont get that at all until a year passes.  HUGE difference.

You can use the 72 rule - at x% interest per week you double the money in 72/x weeks.
If weekly rate stays at 5% you double the initial amount in 72/5=~14.5 weeks.
Of course you should park every week the earnings too.

sr. member
Activity: 826
Merit: 254
December 03, 2017, 03:26:00 AM
Congratulations to MNX and developers  $50.32 now

A friend on a chat room told me about MNX during ICO and I read the White Paper and it sounded unique in attempt to provide a stable coin for purchasing by the MinexBank route.

I invested in ICO and bought more day 3 after listing. I wish I had bought Day 1.

Anyway bought more at $8 and held ever since with weekly parking adding to my total.

I was hoping to see $20 in a year as that was white paper target. Wow $50 in a month.

I think $100 by end of 90 day testing of the bank is possible

WOW! GREAT! You the winner.
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