Author

Topic: Minexcoin - A new era of payments - page 776. (Read 646965 times)

sr. member
Activity: 728
Merit: 259
September 27, 2017, 05:50:44 AM
does minexcoin go to trade in c-cex?
Hi. yes it will. MNX is allready in vote list. We will be listed on C-Cex asap but we need to wait for other exchanges.
sr. member
Activity: 924
Merit: 299
minexcoin.com
September 27, 2017, 05:38:07 AM

This account post shit info for increased rank member,
Be aware !!!

Hello!

Thank you for your attention and support Wink

It is very pleasure to have such a good community, proud of you Smiley
sr. member
Activity: 924
Merit: 299
minexcoin.com
September 27, 2017, 05:34:22 AM
Dear Minexcoin Community!

Please, pay attention. The information can be approved only from our official channels:

It is our thread on Bitcointalk with username (MineCoin.org) https://bitcointalksearch.org/topic/minexcoin-a-new-era-of-payments-1847292

Blog: https://blog.minecoin.org/

Minexcoin News   https://t.me/minexcoinnews

All other usernames who want pretend to be MineCoin.org are fakes.
full member
Activity: 616
Merit: 100
September 27, 2017, 05:25:00 AM
does minexcoin go to trade in c-cex?
full member
Activity: 322
Merit: 100
September 27, 2017, 05:20:04 AM

This account post shit info for increased rank member,
Be aware !!!
full member
Activity: 322
Merit: 100
sr. member
Activity: 630
Merit: 250
September 27, 2017, 05:03:32 AM

lol, MNC is not minexcoin. Why bother creating new account then spreading fake news in here?
what have you gained for that? And the ticker of minexcoin is MNX not MNC. smh
full member
Activity: 560
Merit: 105
September 27, 2017, 05:02:33 AM
Well I saw your site a while ago. The concept is great, it is like one world become in one brand called minexcoin. You can trade, do a transaction or go buy something with one brand. Like amazon I think but it have more features that bring inovation in online shop or trading.
sr. member
Activity: 924
Merit: 299
minexcoin.com
September 27, 2017, 04:50:59 AM
Hello!

We have started a process on applying to the exchange listing.
For more info: https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2
Can you give us a tentative date when we can see the coins over the exchanges, dont say like 2-3 weeks Grin i know you guys are best to postpone stuffs. Hope you dont ditch investors this time. i have parked my coins for seven days today hope till i get them back the MNX is on exchange.
Moreover will the price of MNX will be still 0.0023BTC on exchanges??
Hello!

We hope that consideration process won’t take long but different exchanges have different rules. Some of them need several days to process our request, so we’ll keep you informed about all news relating to this theme. So, as you understand it takes time.
When we have a news for you, our team will announce in our official channels. Please, wait.
Approximate price - 0.00230755 BTC.
But, please, pay attention - price can change.
full member
Activity: 560
Merit: 105
September 27, 2017, 04:44:16 AM
Another fake account who bring fake news and also this fake account is give another coin link. Shame on you fake account. The dev isn't already announce the exchanger yet. So be smart before lie to us hahaha
hero member
Activity: 882
Merit: 500
September 27, 2017, 04:36:05 AM
link does not work at all, and it's all not minexcoin. we have to wait for updates about the exchange of the actual minexcoin
newbie
Activity: 49
Merit: 0
sr. member
Activity: 896
Merit: 289
Twitter: @BTY_11073
September 27, 2017, 04:24:45 AM
Hahaha, stupid...
Minexcoin's official currency symbol is MNX.
hero member
Activity: 669
Merit: 520
September 27, 2017, 03:16:46 AM
Selling 1000 minex half the ico price, arround 4.5$...
I already had succesful transactions and members here can verify.
Get your minex before the coin is listed
full member
Activity: 714
Merit: 105
September 27, 2017, 03:16:23 AM
At this moment bank strategy to price manipulation is unclear, we have WP that shows a general approach lacking the necessary details, I think we need an announcement about this.    
full member
Activity: 266
Merit: 100
September 27, 2017, 03:11:22 AM
thank you for so rich text. but Minex bank will not do Interventions for buying or selling coins to keep price on same level. May be there is that mehanism, but it is not for daily use.  parking % will be adjusted like: as price go lower, so the % going higer, and same to oposite way. But price will go up from ICO for 33% yearly. That mean if ICO price now is 0.0023 and parking % is 0.08% per day in one year price must be 0.003059 to keep same 0.08% per day. May be it looks not so much but do not forgot about BTC price rising. Example you invested today 1 BTC(4000$) to mnx for ICO price and You did profitable parking at the moment for one year(70%). So you parked 434.78 MNX, ater one year you will get 739.13MNX on your balance and each coin will be worth 0.003059BTC and it is 2.261BTC(9044$) at todays price. But nobody can know BTC price afer one year.
Very good discussion, i wish that it continues.
Refer to WP, this coin should be stable in term of dollar not BTC.
MNX is going to address the problem of speculation and uncertainty of cryptocurrencies using a central bank idea.
You can see the whole crypto market are tightly bind to btc price, so in many cases,  when it goes up bank should decrease intrest and sell mnx in market and vice versa...


There are 2 problems in the above analysis.

First, how much btc team have for MinexBank? Are btc under the control of MinexBank software or is it require human intervention? If yes how?

Second, MinexBank controls volatility for very short term i.e. for 1 day. But if volatility is for several days in one direction (up and down) then MinexBank should ALSO have a big amount of btc because it already have a fair amount of mnx to cover up the excess in both direction. If price of 1 mnx is 0.0023 btc, then due to dumping for a week it may down to 0.0016. And for price below that everyday MinexBank has to buy mnx against btc.

This is only for 1 exchange. For more exchanges, Minexbank should have account in all exchange to control the volatility.

In my opinion, MinexBank do not have btc under its control and would not buy-sell mnx against btc. Its only purpose is to control parking interest. For more buyers it will decrease interest rates and for more seller it will increase interest rates. That's all.
OK, in their proposal they declare a main exchange vs other exchanges, normally it should be enough for bank to be on main exchange, the others will balance by market, and the price could speculate +-5% each day that for most cases is enough after that they have interest rate as an indirect  interposition to control price and in much less cases they should directly interposition market.
sure like all central banks they need good resources (USD+BTC+ETH), if they don't use the resources or they don't have enough, simply the coin fails and become a shit useless code in our wallet.
one issue is that MNXBank do not offer an API for parking functionality, so it cant affect market price quickly.

Agreed! In the official exchange e.g. MinexExchange they would have required currency to control the volatility but in 3rd party exchange it just don't have any control over mid-term volatility.
full member
Activity: 266
Merit: 100
September 27, 2017, 03:07:48 AM
thank you for so rich text. but Minex bank will not do Interventions for buying or selling coins to keep price on same level. May be there is that mehanism, but it is not for daily use.  parking % will be adjusted like: as price go lower, so the % going higer, and same to oposite way. But price will go up from ICO for 33% yearly. That mean if ICO price now is 0.0023 and parking % is 0.08% per day in one year price must be 0.003059 to keep same 0.08% per day. May be it looks not so much but do not forgot about BTC price rising. Example you invested today 1 BTC(4000$) to mnx for ICO price and You did profitable parking at the moment for one year(70%). So you parked 434.78 MNX, ater one year you will get 739.13MNX on your balance and each coin will be worth 0.003059BTC and it is 2.261BTC(9044$) at todays price. But nobody can know BTC price afer one year.
Very good discussion, i wish that it continues.
Refer to WP, this coin should be stable in term of dollar not BTC.
MNX is going to address the problem of speculation and uncertainty of cryptocurrencies using a central bank idea.
You can see the whole crypto market are tightly bind to btc price, so in many cases,  when it goes up bank should decrease intrest and sell mnx in market and vice versa...


There are 2 problems in the above analysis.

First, how much btc team have for MinexBank? Are btc under the control of MinexBank software or is it require human intervention? If yes how?

Second, MinexBank controls volatility for very short term i.e. for 1 day. But if volatility is for several days in one direction (up and down) then MinexBank should ALSO have a big amount of btc because it already have a fair amount of mnx to cover up the excess in both direction. If price of 1 mnx is 0.0023 btc, then due to dumping for a week it may down to 0.0016. And for price below that everyday MinexBank has to buy mnx against btc.

This is only for 1 exchange. For more exchanges, Minexbank should have account in all exchange to control the volatility.

In my opinion, MinexBank do not have btc under its control and would not buy-sell mnx against btc. Its only purpose is to control parking interest. For more buyers it will decrease interest rates and for more seller it will increase interest rates. That's all.
I think you did not understand the concept of the Minexbank and the whole idea behind the platform. The idea is to create a stable coin, with a price that stays within a certain borders. If the price gets dumped, the staking rewards will go up, this will cause more demand for the coin and the price to get back up. If the price is pumped to much, the staking reward gets decreased and therefor the demand will descend and the price will decrease. So the main goal of this project is to stabilize a coin with more or less a fixed price which is low volatile.

Had you read all the above quotes before posting? I assume you did not. Else you will not repeat the same thing which I conclude.
full member
Activity: 308
Merit: 100
September 27, 2017, 03:05:42 AM
lets see sooner how will the the market reacts for this project from the mixed emotions of the investors and bounty hunters. I will rather wait for the very good price of minexcoin than dumping it in the very first day. Long term holders always win in this kind of game!.  Grin

Hello!

Good kind of thoughts Wink

The best variant is to wait and see results.

Always good to watch and wait Smiley
sr. member
Activity: 924
Merit: 299
minexcoin.com
September 27, 2017, 03:01:01 AM
lets see sooner how will the the market reacts for this project from the mixed emotions of the investors and bounty hunters. I will rather wait for the very good price of minexcoin than dumping it in the very first day. Long term holders always win in this kind of game!.  Grin

Hello!

Good kind of thoughts Wink

The best variant is to wait and see results.
3x2
legendary
Activity: 1526
Merit: 1004
September 27, 2017, 02:58:43 AM
Hello!

We have started a process on applying to the exchange listing.
For more info: https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2
Can you give us a tentative date when we can see the coins over the exchanges, dont say like 2-3 weeks Grin i know you guys are best to postpone stuffs. Hope you dont ditch investors this time. i have parked my coins for seven days today hope till i get them back the MNX is on exchange.
Moreover will the price of MNX will be still 0.0023BTC on exchanges??
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