When it is 2nd of August, I believe lot of bounty dump this coin, because the price for this minexcoin is high. After a month I think this coin will get double price from the ICO price.
Not dependent on bounty hunter, the coin's supporters are also decisive, if many support this coin, then the price will not drop, even the price of this coin may rise
Yes, IMO using only IR value from MNXBank to control volatility may results in a super high IR, or fails.
some where in WP I have read that MNXBank will use exchanges to control price in +-5%, I think this must be consider from the first day of trading.
Also MNX, must address a high priority issue: How could investor profit by only not trading investments? OK this is true for banks BUT
banks basically make money by lending money at rates higher than the cost of the money they lend. But no-one will borrower a coin with only one usage: park it with lower rate!
so for this type of coin it is mandatory to be on markets very soon.
I think CEO must change the road map from developing a new app like MNX_Exchange, or something like this, that could take many time and effort, to speeding up negotiations with all possible markets to accept MNX (as a low volatile asset) as soon as possible.