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81
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 🔥Republia: Leading-Edge Ecosystem and Technology
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on: May 22, 2019, 06:19:11 PM
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I have heard some information about this project and I guess that it is really promising and interesting. Good luck team
Many others heard something about this project and we cannot wish them good luck. To many others this does not look promising at all, it looks like a pure scam. Minex and Republia team are scammers If they rip off theirs bounty hunters,you can just imagine what they would do to the investors. |
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82
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: Minexcoin | Minexpay
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on: May 19, 2019, 07:32:21 PM
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This is a project that had good prospects in sometime past. I think the developers can make it big again, nothing is too late or difficult in crypto. It's all about the will power to move a step further than what people expect.
Yes, from the beginning until now minexcoin is still the best for altcoins, only in 2019 there has been no breakthrough yet. Higher market intensity should be able to increase the prestige of minexcoin. The addition of exchange places seems necessary to boost daily volume. Far,far from truth. MNX has the worst performance from all altcoins. It went from $80 to 10 cents - it lost 99.85% of its value for a year.It is symbol for total disaster. |
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83
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 16, 2019, 06:50:22 PM
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@thunderjet - Thank you for another excellent post
Demolition man Boris is a complete and utter joke. His failures show him to be an incompetent fool. When he said Minexcoin failure is because of investors seeking quick profits he is way off the mark.
There is no deal with any VISA or Mastercard authorised program manager and there never will be. Minex is a dried-up project with no money and no positive media.
Now they plan to use Stylopay service, China Union pay cards. Here is one new video https://www.youtube.com/watch?v=mtsEe3cju2o&feature=youtu.be This guy trying to explain something "What is Happening with the Project" I just watch a few minutes, only some justification. Problem is that,by theirs own admission, these cards will not be branded - again,so Minexpay will use some other company as a cover for its activities ,like it used lithuanian company UAB KRISTOLINIS DUGNAS for UPAY services. Chinese do not allow that as well ,so it will fail again at the same point as before. Second problem is that Stylopay,despite it says how they have offices in UK and US are not registred as a payment processor in UK or US. They are not in FCA and Fincen register at all. Most likely ,Stylopay has account at some registred payment processor(s) and conducting transactions for third parties via its own account - that was exactly doing the scammer from Novarise Secrecy with whom Boris has a contract for payment cards issuing in October.That is not allowed either in UK or US. What is really dissapointing is that Boris proved utterly unable to do work on legal way,following neccessary regulations and laws.Three times he turned to some shady,scammy guys for help in getting payment cards on easy way, instead to do things right. Judging by Boris background in Construction business then its no wonder he tries to find shady deals as construction business is filled with shady contractors like Boris. They dont know how to do things right, they only know illegal ways to swindle money from customers and rip off sub-contractors. Hence the attitude towards this project. Exactly. That is why I became suspicious after he hired scammer from Novarise Secrecy to obtain him payment cards,because it was so obvious that it was so scammy option.Then I thought that such Boris behaviour could have some deeper background and began to research data about how he was conducting in his construction business,finding that such actions are so common for him. Boris told how Minexsystems expenses were more than $260K per month.Now he claims that minimum expenses for continue to run Minexsystems will be about $800.000 per year or $66.666 per month. Neither is truth. Boris had 20-25 employees with monthly salaries between $1000-2500,so real project monthly expenses were at max.$50-60000.Boris didnt make any significant investment than one time buy of 90 ATMs for about $300.000. So,difference between $60000 and $260000 or more per month is not made by some real expenses,but it was classic money drain,covered as salaries for Boris and his friends/family. Now he has 12 employees,4 of them developpers.He is paying developpers about $2500 per month,so for 4 developpers monthly expense is $10.000.For 8 other staff/support members salaries is quite lower,no more than $1000 per month,so for 8 staff/support employees ,monthly expense is $8000 which is total $18000 per month for employees. Other expenses(rent,marketing...) for such small ICO cant be more than $7-12000 per month,so montly expense cant be more than $25-30.000,which is about half of Boris is claiming. I recently read story from Spectre CEO, ICO which is about 10x bigger than Minexsystems.Theirs expenses were about $100.000 per month.They are 10x or more bigger than Minexsystems,work in US/Canada where salaries are many times bigger than in Ukraine and yet has monthly expenses 2.5x lower than Boris...  |
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84
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 15, 2019, 06:29:36 PM
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@thunderjet - Thank you for another excellent post
Demolition man Boris is a complete and utter joke. His failures show him to be an incompetent fool. When he said Minexcoin failure is because of investors seeking quick profits he is way off the mark.
There is no deal with any VISA or Mastercard authorised program manager and there never will be. Minex is a dried-up project with no money and no positive media.
Now they plan to use Stylopay service, China Union pay cards. Here is one new video https://www.youtube.com/watch?v=mtsEe3cju2o&feature=youtu.be This guy trying to explain something "What is Happening with the Project" I just watch a few minutes, only some justification. Problem is that,by theirs own admission, these cards will not be branded - again,so Minexpay will use some other company as a cover for its activities ,like it used lithuanian company UAB KRISTOLINIS DUGNAS for UPAY services. Chinese do not allow that as well ,so it will fail again at the same point as before. Second problem is that Stylopay,despite it says how they have offices in UK and US are not registred as a payment processor in UK or US. They are not in FCA and Fincen register at all. Most likely ,Stylopay has account at some registred payment processor(s) and conducting transactions for third parties via its own account - that was exactly doing the scammer from Novarise Secrecy with whom Boris has a contract for payment cards issuing in October.That is not allowed either in UK or US. What is really dissapointing is that Boris proved utterly unable to do work on legal way,following neccessary regulations and laws.Three times he turned to some shady,scammy guys for help in getting payment cards on easy way, instead to do things right. |
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85
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 🔥Republia: Leading-Edge Ecosystem and Technology
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on: May 15, 2019, 06:15:50 PM
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Bounty payouts were postponed until 15th May 2019 because of excuses made up by the Republia/Paxchain scammers (real delay tactics)
Nobody will receive bounty on 15th May 2019 but be prepared to receive more nonsense excuses for delays and scam tactics from the Republia/Paxchain scammers
I think too that there is no chance for bounty hunters to collect theirs bounties. Before paying bounties they first have to launch coin , wallet , bank, site and of course to pay for listing coin on at least one decent exchange. They didnt do anything from it and with collapse of Minexsystems,which was paying theirs expenses,Republia collapsed too. Koreans obviously were not so exalted to finance this charade. The Koreans it seems gave up on Republia scammers a long time ago, maybe because of their connection to sister scam Minex. No coin, no token, no product... they claim they will release bounty on 15th May 2019  15th May came,no bounties,no products,no exchanges,only dead silence... This was planned to be big scam,but due to "premature" collapse of its twin, Minexsystems,it succeed to scam only poor bounty hunters. |
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86
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 14, 2019, 09:24:32 PM
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Maybe it is theirs first step to try impersonate you  In the meantime they post summary of Boris posts in AMA sessions,filled with bunch of lies, shrouded in putting blame on others for theirs own faults.As usual,it is always someone else fault. https://medium.com/@minecoinorg/summary-of-the-latest-ama-sessions-with-the-ceo-da54fb019060They are blaming "flawed" part of crypto community and its wish for " easy lucrative returns" to MNX coin price extreme decline.At the same time they are rejecting that they have been manipulated with the price of coin. Of course,this is hilarious. On the contrary,Boris wish(greed) for easy lucrative returns through massive selling millions of premined MNX coins on exchanges destroyed MNX market completely.Such price reduction of 99.85%( to dust) from ATH is unseen in crypto world.So,maybe he is right that it is not price manipulation - it was price complete destruction.To the ground.  Finally,after months,they admitted that UPAY suspended UAB KRISTOLINIS DUGNAS cards indefinetely. But as usual ,blame is not on theirs side but to the customers who were questioning legality of payment card program and sent questions to UPAY.This is defying any logic,because no one will suspend program due to customer questions,but only if they found significant contract breach as it was in this case when Minexpay illegaly used lithuanian company to cover true beneficial owner of cards and sending cards to non-EEA countries,despite UPAY does not allow it ,because it has license just for EEA zone. Their contract with Stylopay for issuing chinese Union Pay card is very suspicious. Stylopay is claiming it is payment processor with offices in UK,US and India. I was searching UK FCA and US Fincen register and didnt find that Stylopay has UK or US license for conducting transactions - to be payment processor.They are probably using some registred payment processor to conduct payment processing for third parties through using its own account,which is illegal( scammer claims from Novarise Secrecy were very similar) .So,any Minexpay claims how they put clear in the contract that program is crypto related is useless,because Stylopay has not UK or US license to conduct financial operations. One thing that puts even more suspicion on whole thing is that these cards will not be branded cards.Again, the same story as previously seen in CSOB and Novarise Secrecy, UPAY and UAB KRISTOLINIS DUGNAS. So,Minexpay will cover true payment card owner again and will try to conduct business hiding behind third party company. Chinese Union Pay and Mastercard/Visa regulations are something different,but Union pay is not allowing hiding true beneficialy owner of card program and conducting transactions for third parties. Now,there are no more doubt, this payment card program will be cancelled too as previous ones due to same reason - trying to use third party cards for its own business. It clearly shows Minexpay and Boris total inabilty to do things on right way,through following regulations and laws.   At the end something very hilarious - Minexsystems claim how they aquired bank on Comoros Islands. Maybe they have bank account in some bank on Comoros,but buying bank..... One thing is particulary interesting about that bank on Comoros they used. US banks refused to do USD transactions with that bank. Something they do only if it is on some US blacklist for money laundering or similar. Again, Boris tried to conduct business with some shady companies.  |
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87
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: Minexcoin | Minexpay
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on: May 10, 2019, 11:45:30 PM
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Who else is paying the kind of interest Minex is paying for "parking" the coins while keeping them in your wallet? If I could afford to buy ALL of the MMX coins for sale I would just for this feature alone! lol How are things going for Minexcoin holders? A 99.9999% price decrease from its peak price is a reality. Answer my question: Who else is paying the kind of interest Minex is paying for "parking" the coins while keeping them in your wallet? It is completely useless because inflation rate is much higher than parking rate. The current MNX parking rate is 30% APR. The inflation rate for the USD is 1.8% to 2.1%. How is the inflation rate higher than the parking rate? I was thinking on MNX coin inflation,not USD. MNX fell from $70 to $0.11 or 636x - the same if BTC went from $19666(Bitstamp ATH) to $31. So you can see how MNX performance is utterly disastrous. Devaluation through huge hyperinflation made parking completely useless.MNX market is so tiny and with selling millions of premined coins ,Boris made catastrophe for investors,shredding market in pieces. Failures with payment cards is nothing in compare with damage made by selling millions of premined coins to the point when market went into irrecoverable situation.Boris used funds to finance AR game,his private project with no any gain for investors instead to fullfill Whitelist promises,Minexbank didnt intervene one single time , "infamous" algorithm for price correction never existed ..... Failures - scams - lies , so it is no suprise where is MNX price now. |
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88
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 09, 2019, 07:18:55 PM
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Indeed as you mentioned Paxchain, this hilarious rebranding of Republia, trying to ape the name of the South Korean company Paxnet, while in reality it is just a desperate Minexsystems abortion. The scammers at Republia are passing it off as a "merger" between two companies by saying Paxnet has merged with Republia to create "Paxchain". In reality, it is impossible for a multi-million US$ company such as Paxnet to "merge" with a two-bit start-up such as Republia with zero assets. Pathetic Minexcoin Telegram group fell apart after huge confilct with administrators and massive banning of 85 members on 5th.May. It has been frozen for 3 days,without any activities-messages:   Cutting all communications with community and presenting total lack of will to do active discussions with its supporters,Minexcoin put the last nail in its coffin. |
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89
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 🔥Republia: Leading-Edge Ecosystem and Technology
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on: May 07, 2019, 11:21:15 PM
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Bounty payouts were postponed until 15th May 2019 because of excuses made up by the Republia/Paxchain scammers (real delay tactics)
Nobody will receive bounty on 15th May 2019 but be prepared to receive more nonsense excuses for delays and scam tactics from the Republia/Paxchain scammers
I think too that there is no chance for bounty hunters to collect theirs bounties. Before paying bounties they first have to launch coin , wallet , bank, site and of course to pay for listing coin on at least one decent exchange. They didnt do anything from it and with collapse of Minexsystems,which was paying theirs expenses,Republia collapsed too. Koreans obviously were not so exalted to finance this charade. |
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90
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 07, 2019, 11:11:33 PM
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Thunderjet, your analysis describes in the most defined way the tactics of the demolition man, as JollyGood refers to Boris.
After the examination of the Minexbank parking rates and the insanity hiding behind the numbers,
anyone can clearly see the similarities bearing with any HYIP program out there, confirming its fraudulent nature.
You are right. Minexsystems has numerous marks of HYIP scheme (huge interest rate, multiple false promises, owner unlimited greed which leads to collapse) , with one twist - part of collected money from investors,owner wanted to use for his own projects which should help him to make enough money to leave permanently construction business ,he obviously does not like so much. |
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91
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 05, 2019, 05:08:42 PM
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I suppose the major disaster for any investor that got involved in this trainwreck, must be the 'parking' of any significant amount in Minexbank.
This is something I had considered initially myself but never put into action, thankfully being appalled by their constant failures to run a simple card program.
Imagine the horror of someone putting a couple of grand for 'parking' and watching his invested capital being reduced to dog shit.
In this case, the dog shit are significantly more valuable compared to this Minexcoin.
All that failures with payment cards were just a sideshow. As you noticed good with parking program ,it was a nice bait for investors. They gave 70% + yearly interest rate combined with false promises in the whitelist about how they will keep price in the tight range of +-5% and how Minexbank will intervene in the market in the case of excessive supply. Investors took the bait,forgetting that such high interest rate means pre-built hyperinflation in the system which will obliterate theirs investments almost to 0. During all that time Minexbank didnt intervene one single time on the market.While Minexsystems CEO Boris Shulayev promoted his parking program with high interest rates,he was mercilessly selling premined coins worth 100s of BTCs on the exchanges,dumping as much as he can, destroying markets and making fools from investors again. Now we know how Minexsystems ICO was a scam from the beginning.Money collected from investors ,Minexsystems CEO Boris Shulayev immediately put in his private project making AR and VR video games, never mentioned to investors before and from which investors has no any gain.Later Boris admitted how Minexsystems expenses exceeded $260.000 per month.With the number of employees, expenses could not have reach more than $50-60000 per month(and mostly used for making video game,not things he promised to investors in the Whitelist),so about 20% of investors money he invested in making his video game and 80% went to his pockets. |
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92
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 04, 2019, 05:29:45 PM
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I think it's time to say goodbye to Boris and his scam. I had to chuckle at that post. The truth is much of the money was misused and the fault lay squarely with Boris. All evidence points to Minex being a milking cow in order to raise money for Boris to partly siphon-off for his own lifestyle and luxury and the rest being siphoned-off for the AI/VR gaming project attempt. Racquemis and Cryptorich has been activated recently again in Telegram,trying to reanimate the MNX group.That is a firm sign that some big false announcement(scam) is coming. In the meantime only about $900 is MNX Buy side deep on EXMO.Below $0.10 there are just few dollars worth Buy orders. |
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95
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 01, 2019, 04:52:54 PM
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Now trading even lower....
MNX is abandoned, gullible investors lost everything. I wonder how long scammer pool operator Racquemis1 will keep running his MNX pools?
I hope those pennies per month he receives in fees for MNX being mined in his pools are worth it against the misery he caused to hundreds of investors when he was spreading propaganda about this scam project.
Those people that lost money in this Minexcoin (and Republia scam) will never forget and will always wish for the same to happen to Boris and his inner circle scammer alliance consisting of Temhuk and pool operator Racquemis1 along with paid trolls such as Jedgar, Yurii Pohrebniak / yurez83, akira128 and several others
MNX is going straight into sinkhole. Trolls who supported this scam didnt care about pain and misery they are causing to MNX investors.They got money for that,which is not even 1% what Boris took.This project has never had any chances to survive because it was designed as a scam from the beginning.Only purpose of project was to fill Boris pockets and to finance making video game which would make of him a very rich man. Troll team leading by Temhuk was hired to spread false positive informations and attack anyone suspicious to project real goals,making additonal time for Boris, needed to drain project to the last cent,to the last premined coin.Boris unlimited greed through relentless selling of premined coins regardless of market conditions significantly shorted this scam project lifetime and directly undermined next and much bigger scam project - Republia. If the scammers were smarter and less greed, they could cause much more damage to investors. And as always, every new days brings new All Time Low - $0,110126 :  |
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96
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: May 01, 2019, 08:25:06 AM
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The price fall is gaining momentum. Now it goes below $0.13 :  This is not suprise. Project dead,coin dead, this is just inevitable consequence. I checked Stylopay who they took as intermediary in last attempt to get payment cards from chinese Union Pay.Stylopay is advertising as a payment service,but is not registred for it in UK(FCA) and US(Fincen). It seems that this service is actually working from India,without any licenses for a payment service. |
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97
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: April 30, 2019, 05:39:03 PM
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It is heading for the $0.10 mark much sooner than expected.
The Minexcoin scam is nearly dead, the scammers have siphoned-off funds and left this project for dead.
It falls faster and faster. In last few days selling pressure increased significantly on EXMO,pushing price further down. Every new day brings new All Time Low. Today it touched $0.1236:  |
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99
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Economy / Scam Accusations / Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
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on: April 26, 2019, 10:29:26 PM
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The Minexcoin team try to get cards from start and there are only problems with it. They are obvious scammers and lied from the very beginning.
They sold Minexcoin as a project which has a special algorithm, which will make the price of MNX to go to 70K $, taking into comparison 10 best coins on the market and magically adjust the price to grow on steady 5% per month until 70K $ is reached.
I was very skeptic with this algorithm and asked my friend mathematician who is teaching on Universiteit to take a look at this. He responded that this is nothing new and this will never work. Of course, I shared this news in Minexcoin thread and Telegram group but they banned me instantly. In the thread here on Bitcointalk, my post was very fast hidden between spammy answers and I got few PM's from supporters in which they were treating me to stop spread the FUD.
I found plenty of additional proves that the Minexcoin campaign was full of lies and posted a detailed video review about the algorithm, Minexcoin team, etc., but this was the beginning and the price spiked, so nobody wants to listen. They had so many blind to facts supporters that I had no chance to convince them.
After some time Minexcoin team admitted that the algorithm doesn't work at all. Additionally, they changed everything from the roadmap and never fulfilled any promise from ICO. Even Minexbank which was the only product they provided, finally changed the parking rates so drastically that there is no sense to keep MNX there especially in the bear market when the price is constantly falling.
You cannot sell an ICO to investors and after some time, say that the campaign was fake and all the reasons why people invested in MNX are just fake. Of course, they sold to investors a made up story on why is this happened but the truth is: everything was fake from start.
Only this is enough to prove that they are total scammers.
Not just that Minexcoin algorithm didnt work,it has never existed,except in Whitepaper as a concept.For anyone with some experience it was crystal clear from the beginning that any algorithm with a task to control price wont work if it is not supported with substantial amount of money. Boris admitted in one of his interviews to Cryptorich that he didnt use single dollar to support price in case of rapid declining which he promised in Whitepaper as one of primary tasks of Minexbank. So,Minebank has never intervened on market to support exchange rate of MNX,plus Boris sold premined MNX coins worth 100s of BTCs on exchanges and one part via Instabuy,destroying MNX market to oblivion.Instead to finance promised things from Whitelist he used money to finance making of video game.Other part of money went into his pockets. At the end,Minexcoin ICO was a scam from the start.Boris used it as a suitable financial vehicle to grab money needed for making video game which he saw as a launch pad for his future wealth. |
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100
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 🔥Republia: Leading-Edge Ecosystem and Technology
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on: April 24, 2019, 07:01:34 PM
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Wow! You know a lot about it, thank you for that. Very helpful for many hunters and investors here. Bounty participants will realize the truth after one month when they will again say that distribution will be next month. Thank you for your kind words. The truth is that in this forum and beyond, we all have a responsibility to try to protect each other as much as possible from all forms of crypto scams and the best way is to keep each other fully informed. Unfortunately newbies and gullible people will always be targeted by scammers such as in the way scammers Temhuk and Racquemis1 along with paid trolls such as Jedgar, Yurii Pohrebniak / yurez83, akira128 and several others were promoting Minexcoin. Several of those scammers were trolling and spreading propaganda about this Republia scam too. Some key notes:1-) republia.io is diverted to paxchain.io ( https://paxchain.io/english.html) republia domain is no longer actively showing a website, it just diverts to paxchain.io 2-) "Republia" project does not exist anymore, it has been renamed and branded to "Paxchain" Paxchain is not be confused with Paxnet, they are two unrelated and separate entities3-) "Republia Group, British Virgin Islands (BVI)" no longer owns this project. The new owner is "PAXChain Group, British Virgin Islands (BVI)". It is just an off-shore company to try to hide the names of the owners, to make thing difficult for investors and users to sue them in Court when they make their exit scam and until that happens probably for tax reasons too. 4-) paxchain.io ( https://paxchain.io/english.html) has a free Lets Encrypt SSL installed. these scammers could not even fund the cash to pay for a SSL. Pathetic 5-) All of the links in the image below which open a page or pdf have one thing in common: there is no mention of "Paxnet" ( http://www.paxnet.co.kr) which is the South Korean tech company which Republia scammer claim "merged" with Republia  There was no merger between Paxnet and Republia. This was a blatant lie spread by the Republia team to generate free publicity. How can there be a merger with a South Korean tech company worth millions of US$ and a Ukrainian start-up with nothing tangible to show except hot-air, empty promises and group of shady individuals with questionable backgrounds including a history of Court cases for tax evasion issues and a sister company called Minex which is a blatant scam? 6-) The paxchain.io website "Team" link in the header does not work. They are trying to hide that very vital part of the "project"  How can anybody be foolish enough to invest in a project where the Team do not even explain who they are on the main website but foolishly enough state everything in outdated pdf links on the same website where they still refer to their project by its former name Republia? 7-) There was NO MERGER between Paxnet and Republia In December 2018 the Republia scammers stated:
We are glad to present you pre-Christmas news!
There was a merger of two companies, the Republia Group and PaxNet. PaxNet is one of the leading companies in the Korean market, there is also a media channel in its group. The total number of users in PaxNet has 6.5 million users, the media group has up to 12 million television connections. Also the company's assets are traded on the stock exchange. Exchange KOSDAQ. Since the merger took place, the Republia Group and PaxNet created a joint venture, PaxChain, which is registered in the Republic of Korea. In the near future, the sites and the name of the project will be updated on - PaxChain. The project will be developed on the Asian market, first of all on the Korean market, also PaxChain team will focus on the European market. Collaboration with the companies giants and the government is already planned. Korea is a very fast-growing market that opens doors for the blockchain, which is why the management of the Republia Group decided to merge with PaxNet. Since the project is fully funded by PaxNet, Public Sales will not be carried out, as this will not be necessary.PaxChain will have two offices - in Seoul and in Kiev. Thanks to the merger of Republia and PaxChain team, big changes are coming in the field of Blockchain technology!Once again, there was NO MERGER between Paxnet and Republia. A multi-million dollar US$ company with 6 IPOs and 200 company strong portfolio would NEVER merge with a start-up that has no product, no money, no investment and nothing to show except empty promises. 8-) The bounties that were due to be paid for those participating in the Republia bounty program were due on 15th April 2019, they have now been promised to be paid on 15th May 2019.  Have a read of the excuses they are using to withhold bounties. They now claim the bounties will be paid on 15th May 2019. We all know that will not happen because they have no real project. They are using a 3rd class amateur style MVP along with promises of cutting-edge innovation in the hope to seek investment from a big company 9-) There is NO MENTION OF PAXNET on the whole website and in all download pdf and links except the medium press release dated 21 November 2018.  In that link ( https://medium.com/@republia/republia-creates-new-partnerships-in-asia-11c0541c44a7) is states: Our co-founder will also have many meetings Seoul. The primary purpose of this trip is to sign the final terms and conditions with PaxNet. This company went public (IPO) and is trading on exchanges.
Vladyslav as well will meet with the president of this company, who apart from PaxNet has about 200 other companies in South Korea (6 of them went public (IPO).
We believe this trip will be very productiveWell, there is no mention that Paxnet will buy Republia. There is no mention Paxnet will merge with Republia. There is no mention Paxnet will do anything at all with Republia except "sign final terms and conditions with Paxnet". Maybe it could be to sign final terms and conditions that Republia will pay Paxnet $15000 per month to use their South Korea offices, or maybe it was to use one of their exchanges to trade ERC-20 tokens if/when Republia ever launched them.. who knows? It was mentioned by Republia scammers in a very ambiguous manner only so they could use it as an excuse to try to dupe gullible investors by fooling them in to thinking much more is going on than there really is. 10-) The roadmap targets have failed and they are still referring to parts of their project as Republia (as in their wallet)  "Paxchain" is not be confused with "Paxnet""Paxnet" is a South Korean tech firm worth millions of US$"Paxchain" (formerly Republia) is a Ukrainian owned start-up which is worth almost ZERO US$  Paxchain is just a trading name of a start-up that is worth almost nothing because it has no product and no assets. Paxchain is owned by "PAXChain Group, British Virgin Islands (BVI)" which in-turn is owned by these people: https://media.republia.io/republia-one-pager-en.pdfThey have connections with Minexcoin/Minexystem/Minexpay - which was another scam project which is now on the verge of collapsing after allegations of fraud and scamming Excellent post. You maybe didnt noticed ,but I posted on this thread in late November last year a post with link to company register for British Virgin Islands: https://bitcointalk.org/index.php?topic=4841968.msg48252445#msg48252445Republia has never been registred on BVI. I also checked for Paxchain Group and Paxchain Group is also not registred on BVI. Link for checking companies registred on BVI: http://www.info-clipper.com/en/company/search/virgin-islands.vg.html |
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