Topic: Minexcoin - A new era of payments - page 574. (Read 646965 times)
dump time is near fake pump can not resistance fast dump to -$15
would someone explain me how bank rewards works cuz i seem like not getting it, here is why:
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
The parking rates are adjusted by the MinexBank algorithm depending on the current MNX price. I will not keep the interest rate of 5.1% for the lifetime since its the most profitable rate right now - people will likely use it and not be selling their coins for one week and that will affect the demand and supply on exchanges. If the price goes very high, then the rewards will be adjusted to much smaller values - ad so you'll be happy to get your 8.6% and not 5.1%+3*0.1% (exaggerating to give you an example). The algo tries essentialy to ensure low coin volatility by rewarding its holders with variable rates.
Feel free to read MinexBank: Smart Algorithms section of the WhitePaper for more details.
jep
would someone explain me how bank rewards works cuz i seem like not getting it, here is why:
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
The parking rates are adjusted by the MinexBank algorithm depending on the current MNX price. I will not keep the interest rate of 5.1% for the lifetime since its the most profitable rate right now - people will likely use it and not be selling their coins for one week and that will affect the demand and supply on exchanges. If the price goes very high, then the rewards will be adjusted to much smaller values - ad so you'll be happy to get your 8.6% and not 5.1%+3*0.1% (exaggerating to give you an example). The algo tries essentialy to ensure low coin volatility by rewarding its holders with variable rates.
Feel free to read MinexBank: Smart Algorithms section of the WhitePaper for more details.
MNX will hit $XXX once the big money steps in and more exchanges, no fear of depreciation for 1 year at a time, no big deal.
Are we going to be seeing it on big exchanges soon?
Are we going to be seeing it on big exchanges soon?
Minex working on it......, in Moment 2 exchanges livecoin and a sweden Exchange Forget the Name sorry
it's 50$ already, somebody stop minexcoin! people want to buy cheap but they missed a big chance.
now they beg for minexcoin to go down lol.
now they beg for minexcoin to go down lol.
MNX will hit $XXX once the big money steps in and more exchanges, no fear of depreciation for 1 year at a time, no big deal.
Are we going to be seeing it on big exchanges soon?
Are we going to be seeing it on big exchanges soon?
The rates are interesting, I guess they will change and updates the weekly and monthly rates, but the price increase is wonderful. hopefully they will keep the volatility max %5 as they proposed. ıf they will keep volatility under 5 road to top 20 coins is so close.
would someone explain me how bank rewards works cuz i seem like not getting it, here is why:
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
I really don't get why the daily rate is so low and the weekly rate is so high.
My thought process would be that doing it daily would net you the most interest, the drawback being you have to log on daily and re-park your funds.
Then 4 weeks should be worth more than 1 month and 12 months should be more than the 1 year %.
Thus rewarding anyone willing to repeatedly park their coin at a smaller intervals.
Daily isn't worth it at all, weekly is the money spot right now.
Just keep in mind they change, maybe they will get balanced out a bit.
would someone explain me how bank rewards works cuz i seem like not getting it, here is why:
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
The parking rates are adjusted by the MinexBank algorithm depending on the current MNX price. I will not keep the interest rate of 5.1% for the lifetime since its the most profitable rate right now - people will likely use it and not be selling their coins for one week and that will affect the demand and supply on exchanges. If the price goes very high, then the rewards will be adjusted to much smaller values - ad so you'll be happy to get your 8.6% and not 5.1%+3*0.1% (exaggerating to give you an example). The algo tries essentialy to ensure low coin volatility by rewarding its holders with variable rates.
Feel free to read MinexBank: Smart Algorithms section of the WhitePaper for more details.
$40.00 USD (35.17%)
0.00364521 BTC (30.14%)
0.00364521 BTC (30.14%)
WoW
going 60-80$ end of december , Jan over 100$thx Minex-Team
But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..
Yes, effectively, it was this part: "Reach the exchange rate of 20 USD/MNX in the nearest future" -> Done
But the growth is defined like this "We’d like to pay special attention of the MNX market participants to the following circumstance. MINEXBANK's activity will be aimed at keeping the MNX quotes to USD within the 5% range of fluctuations relative to the representing the estimated growth rate of 42,7% per annum from the rate of 20 USD/MNX."
40$ are much higher than 20*1.42=28.4, and the coin is only released since 1 month, not 1 year.
Perhaps you were talking about "Next revision of the MNX growth rate to USD will be effected on March 1, 2018.", but this revision will occur only in 4 months.
$40.00 USD (35.17%)
0.00364521 BTC (30.14%)
0.00364521 BTC (30.14%)
WoW
going 60-80$ end of december , Jan over 100$thx Minex-Team
But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..
I made an amateur move! I ended up selling at $40, now I have to wait a few hours to get my position back, anyway, I've already done 0.02 BTC in 3 days with MNX! It's definitely a coin of the moment. 
coin of the moment? just wait for the moment guys who parked for one year will have their MNX released, then you'll regret it
I made an amateur move! I ended up selling at $40, now I have to wait a few hours to get my position back, anyway, I've already done 0.02 BTC in 3 days with MNX! It's definitely a coin of the moment.
$40.00 USD (35.17%)
0.00364521 BTC (30.14%)
0.00364521 BTC (30.14%)
WoW
going 60-80$ end of december , Jan over 100$thx Minex-Team
But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..
dude price is not important here minexbank its like cryptobank and if u invest 1000 dollar u ll get %5.1 weekly as Minexcoin. if price dump when your parking finished u can wait to price up then u can sell. mnx price dont dump much cause everyone who has mnx coin using parking system. no body wants to sell.
would someone explain me how bank rewards works cuz i seem like not getting it, here is why:
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
$40.00 USD (35.17%)
0.00364521 BTC (30.14%)
0.00364521 BTC (30.14%)
WoW
going 60-80$ end of december , Jan over 100$thx Minex-Team
But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..
$40.00 USD (35.17%)
0.00364521 BTC (30.14%)
0.00364521 BTC (30.14%)
WoW
going 60-80$ end of december , Jan over 100$thx Minex-Team
But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..
Minexcoin Info:
Hashrate: 31.08 MSol/s Difficulty: 1.4362891207154
MinexBank Rates:
Daily: 0.29% Weekly: 5.1% Monthly: 8.6% Yearly: 70%
Price of MNX: $43.31
Hashrate: 31.08 MSol/s Difficulty: 1.4362891207154
MinexBank Rates:
Daily: 0.29% Weekly: 5.1% Monthly: 8.6% Yearly: 70%
Price of MNX: $43.31
$40.00 USD (35.17%)
0.00364521 BTC (30.14%)
0.00364521 BTC (30.14%)
WoW
going 60-80$ end of december , Jan over 100$thx Minex-Team
$40.00 USD (35.17%)
0.00364521 BTC (30.14%)
0.00364521 BTC (30.14%)
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