I closely looked at financial plan of Republia. For this year Republia will have $6.03 millions of expenses. Revenues are 0. There is a story how pre-ico phase collected about $0.5 millions. So,my question is : How Republia covered such massive expenses with this year without revenues? 6 million dollars is a lot of money and if company has no revenues it has to come from outside sources. Only viable source for such a lot of money could came in this year was Minex.Such massive drain of Minex funds can explain its progressive fall.  |
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Please, when you make the next video about the MNX card demo do show the card atleast once.
Thank you
They can't... it's impossible, you just can't show non-existing thing...
But seriously, WTF you are doing??? Who is behind this shitshow? тeмнюк, racquemis, юpeз or boris himself?? Lol, don't worry none of them is behind this account. Sorry, I didn't meant You! I meant all those Minex/Republica paid trolls and liars... wanted to ask from them, who was behind this fake video! You can clearly see Temhuk on video,but he could not accomplish it alone,because you can see in video how he is using experimental Minex paying application.So somebody from Minex had to give him access to it. It is their experimental internal platform,non-accessible from someone outside : https://www.reddit.com/r/minexcoin/comments/9xj0vs/minexpay_card_loading_and_spending_video_obtained/ |
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minexcoin is a global payment crypto currency based on low volatalility currency
Sure... Unfortunately, Minexbank did nothing to ensure promised +/- 5% price range. On the contrary, Minexbank was main contributor to huge price drop during this year. It sold 2,3 miillions coins and spent 500.000 on bounties,some for listing on exchanges,but mostly for advertising and paying trolls. Minexbank sold-dumped huge sum of premined coins during first 3 months of the year,when prices were significantly higher ,drained almost all liquidity from market and then let the price of coin slide to 56x lower price than it was on the beginning of the year. Investors was obliterated and it is good reminder to people how dangereous is to believe in companies white paper. |
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Complete crash  |
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More than hilarious. One troll to post them all  He probably thinks that Boris would put him in his inner circle if he proved himself as worthy troll. |
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 Our two main tutorials are here for our communities in Español, Portuguese, Pyccкий and 中國 languages. Do not hesitate to share these tutorials in your language with your local community. I have some normal questions Q1 MinexWallet 2.0 Q1 AtomicSwap Q2 Decentralized Minex Exchange Q2 Web & Mobile Wallet Q2 Minex Merchant Q3 MinexMarket Q3 MinexPlatform Q3 GreenAlgo And the most ambitious goal for 2018 Q4 Creation of a virtual, decentralized world computer,for developing own virtual Turing environment for performing smart-contracts in the Minexcoin network what is the status of the product from your RM that I mentioned above? did anyone work on the development of these products? what are the new relase dates? if you given up of some products ... state the reasons... Why no one in the team does not mention nothing about these product? I asked this question several times ... me and the people from my community are eagerly awaiting the official response where are we now after more then 5 months since I asked these questions last time ? I'm not interested in debit cards, I'm interested in other products from your ecosystem ... because of that I did not sell the coins I earned by mining, and because of that I bought mnx at the beginning of the year Support can't know for sure, just book a flight amd visit MNX office am sure boris will answer you. That is not a solution. Every normal company is always on disposition to theirs shareholders. Just imagine if every investor would go to Boris personally to know what is going on with company  That would be insane and just shows how Minex does not care at all about theirs investors. |
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It took some time ,but I made analysis of what hapenned and why on MNX coin market:
288.32 BTC Minex collected on ICO token sale, paid 0.0023 BTC per coin = 288.32/0.0023 = 125356 coins sold at start
228536 blocks mined till now - 457072 MNX coins went to miners + 114268 to bank (2+0.5 per block)
sold coins on ICO start + mined coins who went to miners = 125356 + 457072 = 582608 MNX coins
Minex Bank received till now: 1500000 + 114268 = 1614268 coins
Paid for parking till now: 1614268 - 527412 = 1086856 coins
90571 coins average paid for parking monthly
If Minex didnt sell theirs coins,there will be coins in circulation max.:
125536 x 1.7(70% annual rate) + 457072 x 1.35(35%-half annual rate) = 830458 coins
Today circulating supply by CMC is 4.519.446 MNX
Massive selling of premined coins done by Minex is main contributor to huge price fall.It was responsible for: 4519446 - 830458 = 3688988 coins present on market or 81.62% of present supply.(that account sold premined coins + paid interest on these coins which were put on parking by its buyers)
At the same time,price of MNX went down 98 % and it is obvious how massive Minex premined coins selling (2.8 millions of coins) has tremendous disruptive influence on market price of MNX.
Instead to intervene on market to prevent big price volatility,as was described in whitelist( 5% price range promised),Minex sold enormous amount of coins,flooding market and sucked off almost all liquidity from it.It was done on such fashion,that it cant be coincidentally.
Here are Minex wallet addresses:
XWkxDTkp9uzvtMCE7NRVphzbwMigLrzyzK - ICO fund - 399408 MNX coins now (was 2.7 millions)
XMajS6qVruhRMCU9xaA4FGpUothZTwwWVf - Developper fund - 981817 MNX coins now (was 1 million)
XVFYK9MgdMDhYwwnTsEkqBFvUytC5QtWE4 - Minexbank - 527412 MNX coins now (was 1.5 millions)
XRBMTceL6dcktfuof9ZK7RRwqgnZpdSQnr - Bounty money - 28 coins now (was 500.000)
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Iam not calling you a paid Minex/Republia troll for nothing. You admitted yourself that you are Minex/Republia paid trollYou do not have brains or can not think? What kind of lie do I trade? I lie, that I participate in the company of the bounty, or are you lying now, that I am trading false? What proof do you have of my lie? Perhaps my subtle humor failed when I wrote a message (note that I did not write to you, but to that troll), so I don’t know English well. But I wrote intentionally that this troll would not make himself a saint. And now you work as a troll instead? To continue to troll my messages? It doesn't even surprise me. You all climb out of the ground. I have answered many times this accusation of lying to you and will reply once again to such a stupid troll as you are. I am the same as a million other bounty members in this forum. If the recognition is that I participate in the bounty and get coins at its end, then you are a complete fool. Yes, and your offtopic messages about ICO in this topic are absolutely meaningless, since ICO was completed more than a year ago and all the responsibilities of mainexcoin to investors are fulfilled. Therefore, you can print this note from the Internet and hang it on your forehead to look in the mirror. Good luck.  Your nervousness is understandable,because you are caught in lie. For you is perfectly OK to peddle lies and being paid for them,but you feel insulted when somebody said to you what you really are.Do you really think that everbody will thank you or applaude for being paid troll??? Medal maybe? Do you understand how many people lost money and who knows what else because you and yours buddies trolling and misleading? Do you feel at least a little ashamed? Minex is ICO today as it was a year ago.If you think that it stops being ICO after public token sale,than you obviously dont understand concept of ICO. ICOs token are equivalent of shares. Did you hear that some company responsibilities to shareholders can be stopped just like that? Unfortunately for you and fortunately for investors it cant. Boris promised so much,but realized nothing.Minex whitepaper remained just paper. You think he fullfied obligations to investors ,because he took theirs money and do nothing after it??? Not at one ICO will avoid long arm of SEC and Minex is not exception. Everything you said in your last post is so messed up and truly meaningless.It is obvious you have no any knowledge about what are you talking about. It is just random, unconnected words packed with a lot of anger,but understandable,because it is so hard to fight for something bad. Before you talk nonsense, you first need to think and study the market. don't forget to call a scam let's say ZClassic, which fell 99.41%, well, and other hundreds of coins that fell more than minexcoin (-96.39%). But I guess what a troll's meager brain could be .. https://athcoinindex.com/marketcap/page/allIf someone is talking nonsenses it is paid MINEX/Republia trolls like you. Mine facts stand. Maybe you dont like it ,but that is your problem and your bosses. There are no coins with POS 70%+ rate which survived and maintained price.None. All of them was accompanied with price fall much bigger than interest rate.House always wins. When Iam talking about coins(MNX is not simple coin,but token,more similar to classic share then coin) not at one coin with huge interest rate and which had such massive 98% per year prolonged fall ever recovered.None of them.Minex coin failed,because Minex failed as a company ,not to due bear market. But one troll like you cant ant wont to know that. It is repeating everything is fine,when everything falling apart. It is already clear that only a stupid troll wants to read what he wants to see there .. And only he can deceitfully develop an idea that was never meant... And only he can deceitfully develop a thought that was never meant. : The troll is engaged in placing provocative messages on virtual communication resources in order to whip up a conflict situation by violating the rules of the ethical code of Internet interaction. The closest concepts of a troll are temptation, provocation and incitement — that is, a conscious deception, slander, incitement of quarrels and strife, a call for unseemly actions.
Conscious deception, slander, incitement of quarrels and strife, a call for unseemly actions -.Absolutely right definition what you and your buddies on Minex/Republia payroll list do. Thank you again for clarifing your position !!! |
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Before you talk nonsense, you first need to think and study the market. don't forget to call a scam let's say ZClassic, which fell 99.41%, well, and other hundreds of coins that fell more than minexcoin (-96.39%). But I guess what a troll's meager brain could be .. https://athcoinindex.com/marketcap/page/allIf someone is talking nonsenses it is paid MINEX/Republia trolls like you. Mine facts stand. Maybe you dont like it ,but that is your problem and your bosses. There are no coins with POS 70%+ rate which survived and maintained price.None. All of them was accompanied with price fall much bigger than interest rate.House always wins. When Iam talking about coins(MNX is not simple coin,but token,more similar to classic share then coin) not at one coin with huge interest rate and which had such massive 98% per year prolonged fall ever recovered.None of them.Minex coin failed,because Minex failed as a company ,not to due bear market. But one troll like you cant and wont to know that. you are repeating everything is fine,everything is fine,when everything falling apart.  The percentage calculations in that video were based on the current financial climate at that time, we have been in a bear market for god knows how long and things have not gone as predicted which is quite understandable. So the video has no bearing on the market we are in today, nobody has a crystal ball so please do not bring this video into the equation again as it just shows how ignorant you are. Only God knows on what Boris based his calculations,but nevertheless, he is responsible for misleading investors.Nobody cant made public promises and stay unresponsible for them.It is not coincidence that such deliberate misleading of investors made SEC to stand so harsh against ICOs. Yes,we are in bear market,but cant blame market for everything. ICOs token are more like shares than classic coins. If Boris fullfilled what he promised in whitepaper and succesfully realized payment cards program, Iam sure that MNX price would be significantly higher.But he didnt,so biggest part of Minex failure is on him. Also we cant put aside that his financial construction of Minex is complete failure too. When you pay 70+% interest for a year,you cant expect price to goes up 84,88%,but down and that is exactly what happened.Such huge interest generates hyperinflation by default.How experienced economist like he is didnt know that? |
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Iam not calling you a paid Minex/Republia troll for nothing. You admitted yourself that you are Minex/Republia paid trollYou do not have brains or can not think? What kind of lie do I trade? I lie, that I participate in the company of the bounty, or are you lying now, that I am trading false? What proof do you have of my lie? Perhaps my subtle humor failed when I wrote a message (note that I did not write to you, but to that troll), so I don’t know English well. But I wrote intentionally that this troll would not make himself a saint. And now you work as a troll instead? To continue to troll my messages? It doesn't even surprise me. You all climb out of the ground. I have answered many times this accusation of lying to you and will reply once again to such a stupid troll as you are. I am the same as a million other bounty members in this forum. If the recognition is that I participate in the bounty and get coins at its end, then you are a complete fool. Yes, and your offtopic messages about ICO in this topic are absolutely meaningless, since ICO was completed more than a year ago and all the responsibilities of mainexcoin to investors are fulfilled. Therefore, you can print this note from the Internet and hang it on your forehead to look in the mirror. Good luck. Your nervousness is understandable,because you are caught in lie. For you is perfectly OK to peddle lies and being paid for them,but you feel insulted when somebody said to you what you really are.Do you really think that everbody will thank you or applaude for being paid troll??? Medal maybe? Do you understand how many people lost money and who knows what else because you and yours buddies trolling and misleading? Do you feel at least a little ashamed? Minex is ICO today as it was a year ago.If you think that it stops being ICO after public token sale,than you obviously dont understand concept of ICO. ICOs token are equivalent of shares. Did you hear that some company responsibilities to shareholders can be stopped just like that? Unfortunately for you and fortunately for investors it cant. Boris promised so much,but realized nothing.Minex whitepaper remained just paper. You think he fullfied obligations to investors ,because he took theirs money and do nothing after it??? Not at one ICO will avoid long arm of SEC and Minex is not exception. Everything you said in your last post is so messed up and truly meaningless.It is obvious you have no any knowledge about what are you talking about. It is just random, unconnected words packed with a lot of anger,but understandable,because it is so hard to fight for something bad. |
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Before you talk nonsense, you first need to think and study the market. don't forget to call a scam let's say ZClassic, which fell 99.41%, well, and other hundreds of coins that fell more than minexcoin (-96.39%). But I guess what a troll's meager brain could be .. https://athcoinindex.com/marketcap/page/allIf someone is talking nonsenses it is paid MINEX/Republia trolls like you. Mine facts stand. Maybe you dont like it ,but that is your problem and your bosses. There are no coins with POS 70%+ rate which survived and maintained price.None. All of them was accompanied with price fall much bigger than interest rate.House always wins. When Iam talking about coins(MNX is not simple coin,but token,more similar to classic share then coin) not at one coin with huge interest rate and which had such massive 98% per year prolonged fall ever recovered.None of them.Minex coin failed,because Minex failed as a company ,not to due bear market. But one troll like you cant ant wont to know that. It is repeating everything is fine,when everything falling apart. It's very funny when such a typical troll as you call me a troll. For stupid, I can write who the troll is and I can draw an analogy with your posts that you clone several times and in different topics. I will no longer talk about your violation of forum rules, since your messages are usually offtopic and trolling, as well as plagiarism and change, distortion of information taken from Internet sources (caricatures on photos, etc.) https://bitcointalk.org/index.php?topic=703657.0#post_rules The troll is engaged in placing provocative messages on virtual communication resources in order to whip up a conflict situation by violating the rules of the ethical code of Internet interaction. The closest concepts of a troll are temptation, provocation and incitement — that is, a conscious deception, slander, incitement of quarrels and strife, a call for unseemly actions. P.S. No matter how much you want and squeal that mainexcoin fails, it will not happen at your will. All your arguments will soon collapse. And the frame from the video that you love to show so much is just a concept of price movement and an explanation of the work of bank interest rates. No one ever said that the course will necessarily be such, and this was assumed only from the then market situation. You do not have brains or can not think? What kind of lie do I trade? I lie, that I participate in the company of the bounty, or are you lying now, that I am trading false? What proof do you have of my lie? Perhaps my subtle humor failed when I wrote a message (note that I did not write to you, but to that troll), so I don’t know English well. But I wrote intentionally that this troll would not make himself a saint. And now you work as a troll instead? To continue to troll my messages? It doesn't even surprise me. You all climb out of the ground. You certainly know enough English to shill Republia when it suits you. Plus you are wearing the "Republia ambassador tag" in your profile and the Republia signature. Adding all these facts together, coupled with you trying to bury all the posts about the scammy nature of Republia, plus your own written admission that you are now somehow trying to pass off as an attempt to troll, i'd say, the chances that you are indeed a paid shill are very high. So please spare me your drivel. About MNX intereset rate. Every person with a some knowledge of economy can tell you what will happen when somebody offering 70+% interest. Just imagine that some central bank does it - it is prelude to uncontrolable hyperinflation. Minex and all other ICOs were doomed with SEC decision last week. SEC looks on the ICOs as a fradulent operations and wants to cease them all. Becaus ICOs will have to repay theirs investors they will certainly drop prices of theirs tokens as much as possible,so they repay investors as little as possible.And Minex is not exception. https://www.sec.gov/news/press-release/2018-264FOR IMMEDIATE RELEASE 2018-264 Washington D.C., Nov. 16, 2018 — The Securities and Exchange Commission today announced settled charges against two companies that sold digital tokens in initial coin offerings (ICOs). These are the Commission’s first cases imposing civil penalties solely for ICO securities offering registration violations. Both companies have agreed to return funds to harmed investors, register the tokens as securities, file periodic reports with the Commission, and pay penalties.According to the SEC’s orders, both CarrierEQ Inc. (Airfox) and Paragon Coin Inc. conducted ICOs in 2017 after the Commission warned that ICOs can be securities offerings in its DAO Report of Investigation. Airfox, a Boston-based startup, raised approximately $15 million worth of digital assets to finance its development of a token-denominated “ecosystem” starting with a mobile application that would allow users in emerging markets to earn tokens and exchange them for data by interacting with advertisements. Paragon, an online entity, raised approximately $12 million worth of digital assets to develop and implement its business plan to add blockchain technology to the cannabis industry and work toward legalization of cannabis. Neither Airfox nor Paragon registered their ICOs pursuant to the federal securities laws, nor did they qualify for an exemption to the registration requirements. “We have made it clear that companies that issue securities through ICOs are required to comply with existing statutes and rules governing the registration of securities,” said Stephanie Avakian, Co-Director of the SEC’s Enforcement Division. “These cases tell those who are considering taking similar actions that we continue to be on the lookout for violations of the federal securities laws with respect to digital assets.” “By providing investors who purchased securities in these ICOs with the opportunity to be reimbursed and having the issuers register their tokens with the SEC, these orders provide a model for companies that have issued tokens in ICOs and seek to comply with the federal securities laws,” said Steven Peikin, Co-Director of the SEC’s Enforcement Division. Today’s cases follow the Commission’s first non-fraud ICO registration case, Munchee, Inc. The Commission did not impose a penalty or include undertakings from Munchee, which stopped its offering before delivering any tokens and promptly returned proceeds to investors. The orders impose $250,000 penalties against each company and include undertakings to compensate harmed investors who purchased tokens in the illegal offerings. The companies also will register their tokens as securities pursuant to the Securities Exchange Act of 1934 and file periodic reports with the Commission for at least one year. Airfox and Paragon consented to the orders without admitting or denying the findings. The investigation into Paragon was conducted by Pamela Sawhney of the Enforcement Division’s Cyber Unit and was supervised by Robert A. Cohen, Chief of the Cyber Unit. The investigation into AirFox was conducted by Colin D. Forbes, Emily R. Holness, and Michael J. Vito and supervised by Celia D. Moore, Amy S. Gwiazda, and John T. Dugan of the Boston Regional Office. The SEC appreciates the assistance of the Massachusetts Securities Division. |
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Before you talk nonsense, you first need to think and study the market. don't forget to call a scam let's say ZClassic, which fell 99.41%, well, and other hundreds of coins that fell more than minexcoin (-96.39%). But I guess what a troll's meager brain could be .. https://athcoinindex.com/marketcap/page/allIf someone is talking nonsenses it is paid MINEX/Republia trolls like you. Mine facts stand. Maybe you dont like it ,but that is your problem and your bosses. There are no coins with POS 70%+ rate which survived and maintained price.None. All of them was accompanied with price fall much bigger than interest rate.House always wins. When Iam talking about coins(MNX is not simple coin,but token,more similar to classic share then coin) not at one coin with huge interest rate and which had such massive 98% per year prolonged fall ever recovered.None of them.Minex coin failed,because Minex failed as a company ,not to due bear market. But one troll like you cant and wont to know that. you are repeating everything is fine,everything is fine,when everything falling apart. |
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What is conclusion of this ongoing the team is not ready to accept they are going to scam and on other side some people are showing some facts. It is still hard for me to take decision what to do next price is alreasdy falling and I bought at high price. I have no choice at this moment.
I bought MNX coins at a high prices too but now am waiting hoping that someone will pump the price. I told myself the same thing ever since MNX started to drop, but somehow, this saviour was not coming ... Now, I am glad I made the tough call, and sold all @ $2.30 - it's almost HALF the price now, just 3 weeks later  A loss? Yes! But if you think it can't go to 10 cents, then think again. Better to get something than nothing - sell now! I'm not sure why it would even be worth 10 cents? What do they provide that has any value? Well, I guess that can be said about 99.9% of crypto currencies/projects, if not ALL of them  Else, please don't twist the meaning of my words. My point was, that people refusing to sell MNX at $1.30 probably do NOT think, it could go much lower. Whether the target bottom is 10c or 1c or 0 is insignificant. With all we know about Minex now and the fact that price went down 98% this year( from $56.59 to $1.25) , chances for price to significantly recover are 0. Minexbank is now holding just 35% of initial coins (1.5 million) . With 1 year parking contracts expiration in second half of November and December, price recovering is impossible. With yeary interest of 70% which generates hyperinfaltion that is something expected. Thats just your assumptions dude, dont you know that, every dude who is panic selling, there are also somebody who is confident buying??,, THe more fudders talk about the price the more they exposed themselves as noobs.  These are not assumptions,but cold hard facts which can be easily checked. Noobs are the ones who keep talking it is sunny when they are inside in the superstorm. MNX coin price reflects investors trust in Minex as a project. When price of shares lost 98% of its value during 1 year, it is more than clear that theirs trust in Minex are 0. See!, you are just noob. If you hate price drop in crypto, I can only advice you, get out of crypto, if you judge coins based on prices. We love the price right now, but if you will continue the fud for weak hands to sell to be dumped more, that will be better. Hope to see you in the finals. You are a classic fudster,not me. All I said can be easily checked. Yearly drop price of 98% cant be coincidental. You simply forget that ICOs tokens are more like shares,not coins. When shares drop 98% ,bear market cant be blamed for it. Minex didnt accomlish nothing for a year and such price drop is consequnce of it. With Minex yearly parking rate of 70% ,which generates hyperinflation in the system ,it was easy to predict what the outcome will be.Look just what happened in the past with coins which gave 70% or more POS interest rate.All of them finished as total scams. |
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What is conclusion of this ongoing the team is not ready to accept they are going to scam and on other side some people are showing some facts. It is still hard for me to take decision what to do next price is alreasdy falling and I bought at high price. I have no choice at this moment.
I bought MNX coins at a high prices too but now am waiting hoping that someone will pump the price. I told myself the same thing ever since MNX started to drop, but somehow, this saviour was not coming ... Now, I am glad I made the tough call, and sold all @ $2.30 - it's almost HALF the price now, just 3 weeks later A loss? Yes! But if you think it can't go to 10 cents, then think again. Better to get something than nothing - sell now! I'm not sure why it would even be worth 10 cents? What do they provide that has any value? Well, I guess that can be said about 99.9% of crypto currencies/projects, if not ALL of them Else, please don't twist the meaning of my words. My point was, that people refusing to sell MNX at $1.30 probably do NOT think, it could go much lower. Whether the target bottom is 10c or 1c or 0 is insignificant. With all we know about Minex now and the fact that price went down 98% this year( from $56.59 to $1.25) , chances for price to significantly recover are 0. Minexbank is now holding just 35% of initial coins (1.5 million) . With 1 year parking contracts expiration in second half of November and December, price recovering is impossible. With yeary interest of 70% which generates hyperinfaltion that is something expected. Thats just your assumptions dude, dont you know that, every dude who is panic selling, there are also somebody who is confident buying??,, THe more fudders talk about the price the more they exposed themselves as noobs. These are not assumptions,but cold hard facts which can be easily checked. Noobs are the ones who keep talking it is sunny when they are inside in the superstorm. MNX coin price reflects investors trust in Minex as a project. When price of shares lost 98% of its value during 1 year, it is more than clear that theirs trust in Minex are 0. |
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What is conclusion of this ongoing the team is not ready to accept they are going to scam and on other side some people are showing some facts. It is still hard for me to take decision what to do next price is alreasdy falling and I bought at high price. I have no choice at this moment.
I bought MNX coins at a high prices too but now am waiting hoping that someone will pump the price. I told myself the same thing ever since MNX started to drop, but somehow, this saviour was not coming ... Now, I am glad I made the tough call, and sold all @ $2.30 - it's almost HALF the price now, just 3 weeks later A loss? Yes! But if you think it can't go to 10 cents, then think again. Better to get something than nothing - sell now! I'm not sure why it would even be worth 10 cents? What do they provide that has any value? Well, I guess that can be said about 99.9% of crypto currencies/projects, if not ALL of them Else, please don't twist the meaning of my words. My point was, that people refusing to sell MNX at $1.30 probably do NOT think, it could go much lower. Whether the target bottom is 10c or 1c or 0 is insignificant. With all we know about Minex now and the fact that price went down 98% this year( from $56.59 to $1.25) , chances for price to significantly recover are 0. Minexbank is now holding just 35% of initial coins (1.5 million) . With 1 year parking contracts expiration in second half of November and December, price recovering is impossible. With yeary interest of 70% which generates hyperinfaltion that is something expected. |
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This post gives indications about how the Republia scam and Minexpay/Miexsystem/Minexcoin scam started Yeah the REPUBLIA and minex Scammers pretty much followed this strategy. It's a shame they are located in a scam friendly county like the Ukraine. They belong in prison! Republia and Minex are sharing same flawed financial construction,which proved catastrophic at Minex: - huge annual parking interest of 70% or more.Such huge interest generates hyperinflation which is erasing value of investors money almost to 0.
- same flawed debit card program,built to reduce pressure of hyperinflation generated by 70% or more annual interest. These guys did not think at all why anybody would take theirs cards and paid few hundred dollars or more to buy coins needed for minimum required balance when can take other cards for 20x less money
- both projects have operational only its components needed to collect investors money - wallet and bank.All others are very distant future
- both whitelists are wishlists. Nothing more. Minex didnt realize almost nothing.Probably they count on inadequate technical knowledge of theirs investors who does not know that whitelist realisation will be very much hard even to the tech giants such as Google and Microsoft with almost unlimited resources.They advertising themselves as a Ethereum competitor,which is utterly nonsens when we all know how much resources ETH has. Also they didnt think on it how much Ethereum will advance in a few years, with new tech solutions that can make their plans obsolete.
- SEC decision few days ago on labeling ICOs as a fradulent schemes-scams and its increased pressure to close them down will terrify any investor more than anything else
Every investor should take time and carefully examine project and people involved in it before any investing. |
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It is scary how much Boris is incompetent. He absolutely has no clue at all about how market is really functioning. |
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Aleksandre, you still hold Minexcoin even if they scam? also, why you did not sell on time?
Greed is always inconvenient.
I'm holding too some MNX (sold most after ČSOB bank partnership lie started to reveal) Why I'm still holding, You may ask? Because I wanna throw those MNX right to scammers face when they start to orchestrate their exit pump! Also, who wants to create similar scam like Minex/Republica yourself, here is a little tutorial how to do that https://steemit.com/scam/@moonjelly/how-to-create-an-ico-scam-in-5-simple-steps There are all signs of exit scam. In the meantime Minexbank account gets thinner and thinner. 48000 MNX coins less during last few days due to beggining of expiration 1 year parking contracts. Of course these coins went or market immediately and sold which combine with BTC drop caused MNX hard price drop for 25%. Now Minexbank on its address XVFYK9MgdMDhYwwnTsEkqBFvUytC5QtWE4 holds only 527407 coins which is just 35% from originally 1.5 million. https://bchain.info/MNX/addr/XVFYK9MgdMDhYwwnTsEkqBFvUytC5QtWE4 This second half of November is a time when 1 year parking contracts expire. Huge amounts of coins will be ready to flood market and it is not coincidence why Minex/Republia trolls desperately wanting to push people in one last pump,before megadump. |
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