Minex Devs! I was part of the ICO and purchased 1098 coins. When trying to withdraw my coins your system only allowed me to withdraw (Amount: 522.37684991) on Order #4597. There was no option to change the amount of the withdraw. I thought that was no big deal and I would come back later to withdraw the remaining coins. Well I logged back in after about 3 week of waiting the rest of my MNX coins are gone! My ICO balance now shows 0 MNX!! I tried contacting you via email but got no response. Please let me know how you will return my missing coins. Thanks.
Hello Bitbat45,
I had exactly the same fraudulent experience with the minex team.
They are now now stealing coins from ICO accounts and covering up with excuses that doesn't make sense. Shame! on Minex Devs.
Below is absolute BS they sent me after robbing me
"Hello nicewoody69!
We reviewed your request about withdrawal MNX from ICO account.
The calculation is as follows: adding 50% bonus to your initial investment of 0.04095320 BTC gives us amount of 0.0614298 BTC (0.04095320 * 50 / 100), which is then divided to the BTC/MNX rate 0.00230755 = 26.621221642 MNX.
We calculated and amount for withdrawal was correct, you can check and recalculate too.
There could be a system error and the amount for the withdrawal is correct (26.621221642).
But balance is shown incorrectly (52.83126964 MNX). "
They failed to realize that we also have friends and families who invested same time, same day and some of them same amount with us without having this same issue but rather than correct their goofs, they are robbing investors. No doubt they will dump it on other investors if by chance they are able to list the coin on an exchange.
SCAM SCAM SCAM...SHAME SHAME SHAME
If you have invested .04095230 BTC, that is about right. I have invested around the same amount and received 21 MNX with 5% bonus. Not a scam so far. There are delays and the team communicates on Telegram and the forum on the weekdays.
@ Rube08. Minexcoin is a mighty SCAM. First look at the BTC/MNX rate used by the Dev/Admin. It is different from what is on the ICO page. On the ICO page it is 0.00231491 while the Dev computed with 0.00230755. (with the rate on the ICO page and their claims, I am suppose to get 26.536 MNX and not 26.621221642 MNX). Someone said they never get anything right. This further supports it and I second it.
Moreso, If you got about 21 MNX with 5% bonus and I got 26 with 50% bonus, then, you might need to send back some coins to the Dev team. Probably the excess coins they sent you is what they are looking for and maybe that is what is keeping them all messed up and goofy. But...
Don't be quick to forget that 150,000 MNX coins were suppose to be distrubuted. With the ICO, 288.41712580 BTC was raised when divided by BTC/MNX rate of 0.00231491 we have 124,591.075 MNX raised from the ICO. Thus, there is 25,408.925 undistributed MNX which entitles me to additional 5.411 coins. so if the devs know what they are doing I should have 26.536 + 5.411 =31.947 MNX
The minex Team have messed up this project. Now they are robbing Peter to pay Paul for their errors.
@ Minexcoin Admin/Devs, please respond to the write up above. Let people know the truth. Stop robbing and deceiving your investors.
Hello!
How you can calculate how many MNX you have from ICO campaign (for example @ nicewoody69 amount):
1. @ nicewoody69 invested 0.04095320 BTC
2. @ nicewoody69 had a bonus 50% so 0.04095320 BTC+ 50% = 0.0614298 BTC
3. If we adding 50% bonus to @ nicewoody69 initial investment of 0.04095320 BTC gives us amount of 0.0614298 BTC
4. 1 BTC = 0.00230755 MNX, so @ nicewoody69 total MNX amount is 0.0614298 BTC / 0.00230755 MNX = 26.621221642 MNX.
So @ nicewoody69 amount for the withdraw is 26.621221642 MNX.
Why @ nicewoody69 balance is 52.83126964 MNX, but @ nicewoody69 amount for the withdrawal is 26.621221642 MNX?
Because balance of 52.83126964 MNX it's just a BUG. @ nicewoody69 real balance is 26.621221642 MNX.The amount for the withdrawal is totally correct - 26.621221642 MNX.
@ Bitbat45 you send your MNX from the ICO account to the MNXCore. So you can see your MNX balance on the MinexBank web site (
https://minexbank.com) or you can see the MNX balance on your MNXCore (wallet).
I understand the math, but that is not the issue. The issue is the exchange rate that was shown on your ICO site at the time I purchased during the +20% bonus period was around 0.00109. This exchange rate was correctly used to credit 1098 MNX to my ICO account, that all worked just fine. The issue is that at the end of the ICO you decided to change the exchange rate for your own benefit to 0.00230755 and take away more than 1/2 of my coins. That in my mind is a bait and switch that some other people here are calling a scam. I think you messed up and you should do the honorable thing and deliver the coins you initially promised to everyone who purchased during these bonus periods.
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