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In my opinion, because people are still greedy, they want the most amount of interests / money in the least amount of time.
They don't pay enough attention to what is happening around, or what might happen to their investment, they kinda have only a final profit floating before their eyes.
Because, let's be honest, still too many people look at any ICO as a $ factory, and those people doesn't give a dime about security, innovation, evolution..
And then average Joe goes to.. say a landing platform, and dream about becoming a millionaire over night, not because he is not well intended, but this much he can understand.
And same Joe then comes to Blockbits, doesn't understand a word of it, he sees that his money is locked, and no profit till release, so it must be something that doesn't worth his attention / investment.
I am not trying to say that most people are dumb, but they definitely act as such. While at the beginning there were more technical people (alongside criminals) involved in crypto, in general, the more mainstream it became, the more uneducated people joined. And the rate of the ones who are really interested, does understand, and able to see the bigger picture, is less and less.
This is only a theory of mine, it could, or not, be the real reason. I am doing my best to educate the people around me, who are opened to learn and gain not just wealth. Probably many others could do the same.
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Pretty ambitious. I wonder what speed you can get moving at. If you are not careful the tech and hardware that you start with will be old school to mining before finishing the project. It will be a nice thing to watch. I like the fact that you back down the CPU's, rather than try to push them the other direction, that has a good effect on your longevity. Seems you will get a good bit done before there will even be a glitch or oddity to run down.
It seems pretty dead to me... Since 17th Dec. no update from the OP... Pity.. Just waiting the PSU's and enjoyin vacations..  Glad you did not abandoned this project! Looking forward to it! Good job!  |
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Pretty ambitious. I wonder what speed you can get moving at. If you are not careful the tech and hardware that you start with will be old school to mining before finishing the project. It will be a nice thing to watch. I like the fact that you back down the CPU's, rather than try to push them the other direction, that has a good effect on your longevity. Seems you will get a good bit done before there will even be a glitch or oddity to run down.
It seems pretty dead to me... Since 17th Dec. no update from the OP... Pity.. |
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Price moving back up. Above 10000 currently on Bittrex off it's low.  Cheers to the Dev Team and Happy New Years! Strato Happy New Years all - lets hope for a 2018 as good as 2017 for XMG Thank you, same to you and everybody! |
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Happy New Year to everyone
Thank you, same to you and everybody! |
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I have also updated the wallet, it shows the current amount of XMG correctly, but the price in $ is 0, whereas the previous wallet showed the $ price as well. Is this a bug?
i found same issue. but if you double click on the usd/xmg price it will update. Nice catch, thank you. |
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I have also updated the wallet, it shows the current amount of XMG correctly, but the price in $ is 0, whereas the previous wallet showed the $ price as well. Is this a bug?
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Just to extend your knowledge. Token is more wider notion than coin. Every coin is a token but not every token is a coin. Things depend on implication of the balance on the concrete address in blockchain. So MNX can be refered to either as token or coin.
Coins are digital assets that operate solely as currencies, and they reside on their own blockchain. Tokens represent assets or utilities that are fungible and tradable, and they exist on top of a blockchain. This is a coin because it is a currency. That is its whole premise, being a low volatility currency. If they create their market place and allow businesses to operate on their blockchain, then those businesses will likely be able to create their own tokens for use on top of the MNX blockchain. Unless Minex opens up its platform in such a way to allow tokenizing real world assets through them directly, then Minexcoin itself will probably never actually be/operate as a token. This (and your other comment) is valuable info, explained simple and clearly. It should be placed somewhere for reference (maybe a sticky?!). |
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And what will happen to the tokens after the ICO?
Nothing, you are such a lazy spammer to read all these posts.Buy some tokens and wait for your investment to grow. And once and for all, THIS IS NOT A TOKEN!!!! IT'S A COIN!!!!Just to extend your knowledge. Token is more wider notion than coin. Every coin is a token but not every token is a coin. Things depend on implication of the balance on the concrete address in blockchain. So MNX can be refered to either as token or coin. Thanks for the heads up, you're right, but I think (and this was stated before here on BCT), in case of Minex it's more appropriate to call it a coin, after all, it's called MinexCoin, not MinexToken. This might be just my opinion. |
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And what will happen to the tokens after the ICO?
Nothing, you are such a lazy spammer to read all these posts.Buy some tokens and wait for your investment to grow. And once and for all, THIS IS NOT A TOKEN!!!! IT'S A COIN!!!! |
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Hi everyone. When will the official pom.m-hash.com pool be updated to the new codebase, so we can start mining again?
After fork Good to hear, so pretty soon.. Thank you. |
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Hi everyone. When will the official pom.m-hash.com pool be updated to the new codebase, so we can start mining again?
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Another, "not been there before" scenario related to MinexBank..
If I have an amount of MNX, deposited for a month, and now I am adding a new amount to the same account, will it cancel the actual parking?
Does the new amount behave like a "second account", in the way that I can create a new park with the newly added amount?
Sorry if those are questions answered before, would not want to risk to lose 5 days..
No it will not affect your active parking.. And you can also park your newly deposited mnx . Another, "not been there before" scenario related to MinexBank..
If I have an amount of MNX, deposited for a month, and now I am adding a new amount to the same account, will it cancel the actual parking?
Does the new amount behave like a "second account", in the way that I can create a new park with the newly added amount?
Sorry if those are questions answered before, would not want to risk to lose 5 days..
Yes, you’ll be able to create a second parking with the new fresh amount you bought Great! Thank you. |
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Another, "not been there before" scenario related to MinexBank..
If I have an amount of MNX, deposited for a month, and now I am adding a new amount to the same account, will it cancel the actual parking?
Does the new amount behave like a "second account", in the way that I can create a new park with the newly added amount?
Sorry if those are questions answered before, would not want to risk to lose 5 days..
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Hi everyone. Just a quick question.
Since this is the first time I am using the monthly parking option (used the weekly before), I am unsure what a month is considered. Is it constantly 30 days, no matter how many days are in a month? Or is it calendaristic month? It's kinda important to know, especially if someone has to pay anything on a certain day of the month (like the rent for ex.).
It might be mentioned somewhere, but most likely I missed that little info.
It is exactly 30 days from the time you hit the submit button on parking your coins. You will see the countdown in minexbank that should read 29 days 23 hours and 59 minutes left when you check immediately after you park. If it was based on the calendar month, February would be the ideal month to park. I see, thank you. |
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Hi everyone. Just a quick question.
Since this is the first time I am using the monthly parking option (used the weekly before), I am unsure what a month is considered. Is it constantly 30 days, no matter how many days are in a month? Or is it calendaristic month? It's kinda important to know, especially if someone has to pay anything on a certain day of the month (like the rent for ex.).
It might be mentioned somewhere, but most likely I missed that little info.
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I have just downloaded the 0.20 version of the miner, and my sol/s dropped from 280 to under 80. With the 0.17a I can still mine with ~280 sol/s, tho couple of days ago it was like 370+, so not sure what is happening. Anyone else experiencing the same?
No, everything is fine. It seems that I am the only one getting low sol.. For the time being, I'll stick to the previous version. Thank you very much and good luck. |
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I have just downloaded the 0.20 version of the miner, and my sol/s dropped from 280 to under 80. With the 0.17a I can still mine with ~280 sol/s, tho couple of days ago it was like 370+, so not sure what is happening. Anyone else experiencing the same?
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