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Racquemis1
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November 24, 2017, 08:19:30 AM |
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hi,
i would analyze the Economic Systeme of MNX a bit, could the Guys from the Team be so kind to Post the Address of the Cold Wallet from minebank?
Hello! As our WhitePaper states Cold Minexbank Wallet has reserve of 1 500 000 MNX which is used to pay the MinexBank interest rates and which is replenished by the miners' fees all the time. As we mentioned before, this address has hundreds thousands transactions and an attempt to see its balance through the blockchain explorer currently causes the service to shutdown after the timeout. The new MinexExplorer version will be more powerful so you can see it. Hi, the Hotwallet Address dont hold the 1.5 Million right? so just give me Cold Wallet Address that Feed the Hotwallet, the Block Explorere is not the Problem either, there exist already alternative Block Explorer. Where is this alternative block Explorer? |
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JimmyGTO
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November 24, 2017, 08:23:52 AM |
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Why the team got negative feedback, did they do any mistake? Minexcoin team is working hard behind the scene and developing their platform from scratch.
Vod gave that feedback even the problem is already solved and the problem is the investor he forgot to withdraw his coin on his ico account i don't see any problem with that. You get some malicious people about, cant Minex ask for the negative trust to be removed by admin? |
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MineCoin.org (OP)
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November 24, 2017, 08:30:26 AM |
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Minexcoin Info:
Hashrate: 19.04 MSol/s Difficulty: 0.64141839251458
MinexBank Rates:
Daily: 0.29% Weekly: 5.7% Yearly: 70%
Price of MNX: $11.75
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MineCoin.org (OP)
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November 24, 2017, 08:34:07 AM |
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In many crowdsales, the buyers with smaller budgets have not been able to get any tokens allocated.
how will you address this problem? and apart from token growth, what other benefits will investors get for holding your tokens?
I'm sorry I don't have the time to read 500+ pages but I have one thing that is puzzling me and couldn't find it clearly... where is the interest MNX supply coming from? I mean, on the long term, I understand there are 1.5M coins reserved to pay interests but what happens after it dries out? I mean, if the system is not sustainable on long/indefinite term, first thing to question is if it looks like a ponzi? Don't get me wrong, the idea and the project look quite promising, I already put some fiat in it but I wouldn't go far beyond with a consistent investment without understanding the mechanism of giving away "free" (virtually unlimited) interest. Thanks, Hello 10000BTC, It is a coin, not a token (its name says about it - MinexCoin). It has its own blockchain and a bank. To start with you can read WhitePaper and our Blog: https://minexcoin.com/html/download/wpeng.pdfhttps://medium.com/minecoin-blogOur FAQ section may also be of use: https://minexcoin.com/?r=site/faq |
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jadefalke
Legendary
 Offline
Activity: 1457
Merit: 1014
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November 24, 2017, 08:36:48 AM |
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hi,
i would analyze the Economic Systeme of MNX a bit, could the Guys from the Team be so kind to Post the Address of the Cold Wallet from minebank?
Hello! As our WhitePaper states Cold Minexbank Wallet has reserve of 1 500 000 MNX which is used to pay the MinexBank interest rates and which is replenished by the miners' fees all the time. As we mentioned before, this address has hundreds thousands transactions and an attempt to see its balance through the blockchain explorer currently causes the service to shutdown after the timeout. The new MinexExplorer version will be more powerful so you can see it. Hi, the Hotwallet Address dont hold the 1.5 Million right? so just give me Cold Wallet Address that Feed the Hotwallet, the Block Explorere is not the Problem either, there exist already alternative Block Explorer. Where is this alternative block Explorer? |
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jadefalke
Legendary
Offline
Activity: 1457
Merit: 1014
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November 24, 2017, 08:50:47 AM |
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that address is untouched, so then the question is, who is paying the Dividend currently? |
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Racquemis1
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November 24, 2017, 09:01:47 AM
Last edit: November 24, 2017, 09:24:10 AM by Racquemis1 |
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Probably out of the 1 million reserves for the devs.
Think they won't want to take from the reserve until the price reached the target level and interest rates are reduced to normal levels.
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MineCoin.org (OP)
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November 24, 2017, 09:19:46 AM |
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hello dev, can i send some MNX from livecoin exchange to wallet desktop and try the parking in MINEXBANK SYSTEM for get % reward? by the way, how about the roadmaps, your the plan will realese the MINEXPLATFORM and MINEXEXCHANGE, the minexplatform still not work ( http://minexplatform.com/) and what about the MINEXEXCHANGE and was released to the public. ? Hello creativeeditors, Yes, you can send your MNX from exchange to the wallet and park them As for other our products to be developed you can check their appr. release time at our WhitePaper (RoadMap) https://minexcoin.com/html/download/wpeng.pdf |
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easyrimka
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November 24, 2017, 09:23:32 AM |
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that address is untouched, so then the question is, who is paying the Dividend currently? good question, but you think its a scam project ? i think minexcoin is legit and working fine |
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MineCoin.org (OP)
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November 24, 2017, 09:28:13 AM |
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You get some malicious people about, cant Minex ask for the negative trust to be removed by admin?
Hello JimmyGTO. We did. But the forum rules say that they do not handle trust issues. |
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MineCoin.org (OP)
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November 24, 2017, 09:41:12 AM |
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that address is untouched, so then the question is, who is paying the Dividend currently?
The Cold Wallet address is replenished all the time form the miners fees. Interest is paid from Hot Wallet via Transit address. |
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Racquemis1
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November 24, 2017, 09:45:37 AM |
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that address is untouched, so then the question is, who is paying the Dividend currently?
The Cold Wallet address is replenished all the time form the miners fees. Interest is paid from Hot Wallet via Transit address. Yes we know, but as you can see from the cold wallet, the address is untouched. No outgoing transactions to the hot wallet However the hot wallet receives replenishments from an other address with around 90k in it |
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jadefalke
Legendary
Offline
Activity: 1457
Merit: 1014
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November 24, 2017, 09:49:25 AM |
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that address is untouched, so then the question is, who is paying the Dividend currently?
The Cold Wallet address is replenished all the time form the miners fees. Interest is paid from Hot Wallet via Transit address. Yes we know, but as you can see from the cold wallet, the address is untouched. No outgoing transactions to the hot wallet However the hot wallet receives replenishments from an other address with around 90k in it that process should be transparent and currently looks a bit fishy to me. |
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Kirilgeorgiev
Member
Offline
Activity: 76
Merit: 10
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November 24, 2017, 09:52:38 AM |
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I agree with easyrimka and moreover I think that it is completely legit to do whatever the financial specialist think is right with the funds there.
I think that it is legit to take from the funds for dev or orther expenses, refund from other sources than the mining fees etc ...
I take it basically as a conventional bank where the funds are managed by the experts and the added value is that there are algorithms to
automatically regulate the market. For me, so far everything worked as described and as time passes my trust in the project increases especially
given the amazingly good support the team is providing. Actually I have read all the 500+ pages and all the questions without exception was answered !
Bravo minex team so far!
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tomsmith26
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November 24, 2017, 10:03:36 AM |
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that address is untouched, so then the question is, who is paying the Dividend currently?
The Cold Wallet address is replenished all the time form the miners fees. Interest is paid from Hot Wallet via Transit address. Yes. That's a transparent and trustable action in this project so all investors will not be worried about this fact. I have parked 1500 mnx coins for the weekly plan but it will be very exciting if it has got a monthly plan as well . I think Minexcoin project will get a big success and get a good attention from the cryptocurrency community in the year of 2018. |
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MineCoin.org (OP)
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November 24, 2017, 10:08:05 AM |
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I agree with easyrimka and moreover I think that it is completely legit to do whatever the financial specialist think is right with the funds there.
I think that it is legit to take from the funds for dev or orther expenses, refund from other sources than the mining fees etc ...
I take it basically as a conventional bank where the funds are managed by the experts and the added value is that there are algorithms to
automatically regulate the market. For me, so far everything worked as described and as time passes my trust in the project increases especially
given the amazingly good support the team is providing. Actually I have read all the 500+ pages and all the questions without exception was answered !
Bravo minex team so far!
Thank you so much for your support! We do our best for our community  |
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MineCoin.org (OP)
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November 24, 2017, 01:25:07 PM |
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Minexcoin Info:
Hashrate: 21.56 MSol/s Difficulty: 0.64141839251458
MinexBank Rates:
Daily: 0.29% Weekly: 5.7% Yearly: 70%
Price of MNX: $11.42
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TeMHuK
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November 24, 2017, 01:40:53 PM |
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Minexcoin Info:
Hashrate: 21.56 MSol/s Difficulty: 0.64141839251458
MinexBank Rates:
Daily: 0.29% Weekly: 5.7% Yearly: 70%
Price of MNX: $11.42
Price is stable, but total amount of coins for sell is constantly decreasing. Under 10k at the moment |
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