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Author Topic: Minexcoin - A new era of payments  (Read 646578 times)
crypto42
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December 02, 2017, 03:55:52 PM
 #11661


This coin is not slowing down, its unbelievable already. It already caught the attention of an old timer here, one day MNX will also be noticed by big exchanges like bittrex. The price I think kept rising is because only few are being sold in the market and everyone seem to be parking MNX.

I think too that this is the main reason. But its totally understandable, why would you trade a coin that is rising in value constantly and that has even a guaranteed roi? I hold my MINEX, so glad to have bought. Still overlooked the project for too long, but Im happy to be here now.

I was from the very start with MNX and as i saw MNX was the deadline of making mineable coins, you see only tokens today supported by another blockchain. Nevermind hold MNX, very good coin,. and very good trasnsparency on the team and whole project.
Oldtimer...welcome , we are happy to have you here.
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December 02, 2017, 03:57:05 PM
 #11662

The Minexbank funds won't last forever and I am wondering what the current amount is? Any way to check that?
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December 02, 2017, 03:58:48 PM
 #11663


This coin is not slowing down, its unbelievable already. It already caught the attention of an old timer here, one day MNX will also be noticed by big exchanges like bittrex. The price I think kept rising is because only few are being sold in the market and everyone seem to be parking MNX.

This project is amazing and con only get better and bigger. The advantage of being able to park your coins and earn revenue appeals to everyone, instead of selling and dumping it, and has showed interest by a huge amount of user number which keeps increasing everyday.


we have decided to support this amazing project by opening a new mining pool, come check us out at https://savspool.com/
We count on your support to make this project grow by decentralizing the mining process.

Mine ten times faster with Optiminer for MNX.
(you can get at https://github.com/Optiminer/OptiminerEquihash)

Come mine with us earn your coins and then park them for higher returns.

We believe that Minexcoin is a brilliant project and has a bright future.
crypto42
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December 02, 2017, 04:00:18 PM
 #11664

Need to buy now, it will not be cheaper, the rate won't go down, I waited for the depreciation, but it will not.

I completely agree.
If people are mining/buying it and parking it (like I am) the the available supply to be bought is going to be more valuable as more of it hits parking, it could take a huge hit one day if someone dumps a ton of it, but then the parking rates will go up and people will buy in more or new people will finally get a chance at a lower price for a short while.

I have no idea how they came up with that $20 figure for balancing the rates at the Minexbank because as the demand grows, the price will too.
It's the same thing happening with BTC right now, the world is finally buying into BTC, but there is only ~18million and there will only ever be 21million (not counting lost wallets) in circulation. So all these new people are trying to get a piece of something that has a finite circulating supply, the rate has to go up with the demand, simple economics.

The MinexBank rates would have get SIGNIFICANTLY worse for me to even consider moving the MNX I have and I'm sure many feel the same way.  
And in the case where the rates did drop that low, the value of a single coin would probably make it worth me moving at least some of them for the profit.  

Yes it's a self balancing system, but the price is going to be determined by how many people want to park MNX at a given rate.  Right now, I'm ecstatic with ~$35 each and a 70% per year rate, heck, even at half that I'm sure the interest in parking this coin would still be quite high.

all on all we can all see that every coin price is determined by BTC (with small exceptions) 2017 was a great year for the total market cap, 323 bilion atm and was only 28 bili. 6 months ago. People are getting in the crypto world, but few will survive. Its still fresh and you can make a ton of profit from small coins , but which ones will survive in the crypto world is still a question. Minex looks a ton of promising especally with minex bank. No matter what are the terms or rates, everyone wants to have small passive income Smiley cheers and lets make mnx in top 10 soon.
crypto42
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December 02, 2017, 04:02:05 PM
 #11665


This coin is not slowing down, its unbelievable already. It already caught the attention of an old timer here, one day MNX will also be noticed by big exchanges like bittrex. The price I think kept rising is because only few are being sold in the market and everyone seem to be parking MNX.

This project is amazing and con only get better and bigger. The advantage of being able to park your coins and earn revenue appeals to everyone, instead of selling and dumping it, and has showed interest by a huge amount of user number which keeps increasing everyday.


we have decided to support this amazing project by opening a new mining pool, come check us out at https://savspool.com/
We count on your support to make this project grow by decentralizing the mining process.

Mine ten times faster with Optiminer for MNX.
(you can get at https://github.com/Optiminer/OptiminerEquihash)

Come mine with us earn your coins and then park them for higher returns.

We believe that Minexcoin is a brilliant project and has a bright future.

what are the fees ?Smiley low but how much  ? Smiley
mentalny
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December 02, 2017, 04:09:08 PM
 #11666

Guys, could you fix one little issue? After the update, everytime I'm visiting MinexBank I have to sign in. Previous version kept me logged in.

tex83rb
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December 02, 2017, 04:25:46 PM
 #11667

The Minexbank funds won't last forever and I am wondering what the current amount is? Any way to check that?

minexbank is replenished by fees from mining. is important to remind it however


 
 
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tehMoonwalker
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December 02, 2017, 04:37:45 PM
 #11668

all the salty plebs who sold 2 early are now fudding and hating i love it

$MNX rules !
uhro
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December 02, 2017, 04:39:01 PM
 #11669

The Minexbank funds won't last forever and I am wondering what the current amount is? Any way to check that?

At the start, 20% of each mined block goes to the bank stores and that slowly ramps up at certain block intervals to 70% of each mined block go to the bank stores.

You need to check or at least ask about how the system works before making a statement like that, it's essentially FUD because you basically guessed how it worked and said something that isn't true.

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Ivanofffff
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December 02, 2017, 04:39:46 PM
 #11670

Need to buy now, it will not be cheaper, the rate won't go down, I waited for the depreciation, but it will not.

I completely agree.
If people are mining/buying it and parking it (like I am) the the available supply to be bought is going to be more valuable as more of it hits parking, it could take a huge hit one day if someone dumps a ton of it, but then the parking rates will go up and people will buy in more or new people will finally get a chance at a lower price for a short while.

I have no idea how they came up with that $20 figure for balancing the rates at the Minexbank because as the demand grows, the price will too.
It's the same thing happening with BTC right now, the world is finally buying into BTC, but there is only ~18million and there will only ever be 21million (not counting lost wallets) in circulation. So all these new people are trying to get a piece of something that has a finite circulating supply, the rate has to go up with the demand, simple economics.

The MinexBank rates would have get SIGNIFICANTLY worse for me to even consider moving the MNX I have and I'm sure many feel the same way.  
And in the case where the rates did drop that low, the value of a single coin would probably make it worth me moving at least some of them for the profit.  

Yes it's a self balancing system, but the price is going to be determined by how many people want to park MNX at a given rate.  Right now, I'm ecstatic with ~$35 each and a 70% per year rate, heck, even at half that I'm sure the interest in parking this coin would still be quite high.
20$ was the initial goal after reaching the exchange, then they test the algorithm of the Bank, the rate is adjustable while in test mode, slowly reduces. Only after 2 months, the Bank will work to the fullest. There was no purpose to keep a rate of$ 20 a week we can see$ 100 and it would be cool Wink

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tomsmith26
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December 02, 2017, 04:43:33 PM
 #11671

Minexcoin Info:
Hashrate: 35.75 MSol/s Difficulty: 1.4362891207154

MinexBank Rates:
Daily: 0.29% Weekly: 5.1% Monthly: 8.6% Yearly: 70%

Price of MNX: $35.94


I hope this coin will hit at least 50$ in this month but from the year of 2018 we can only see this price at 100$ or more .
Once MNX is listed on bittrex exchange , you will never see this price anymore .
Just go to buy as many MNX coins as possible because the supply source is quite low in the market .
hoanvu
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December 02, 2017, 05:15:25 PM
 #11672

Hi everone, I am a newbie. I have a question. I want to create 2 Wallets. So can I copy folder C:\Users\[computer name]\AppData\Roaming\minexcoin from old computer to other computer ? And can I use 2 computer together ?
MineCoin.org (OP)
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December 02, 2017, 05:23:39 PM
 #11673

Hi everone, I am a newbie. I have a question. I want to create 2 Wallets. So can I copy folder C:\Users\[computer name]\AppData\Roaming\minexcoin from old computer to other computer ? And can I use 2 computer together ?
Hello,
1) You can only transfer wallet.dat or private keys to new one.
2) Yes you can.

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

Site || Blog || Bounty
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December 02, 2017, 07:07:27 PM
 #11674

$40.00 USD (35.17%)
0.00364521 BTC (30.14%)
Galabau24
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December 02, 2017, 07:15:04 PM
 #11675

$40.00 USD (35.17%)
0.00364521 BTC (30.14%)


WoW Shocked   going 60-80$ end of december , Jan over 100$


thx Minex-Team
MineCoin.org (OP)
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December 02, 2017, 07:34:13 PM
 #11676

Minexcoin Info:
Hashrate: 31.08 MSol/s Difficulty: 1.4362891207154

MinexBank Rates:
Daily: 0.29% Weekly: 5.1% Monthly: 8.6% Yearly: 70%

Price of MNX: $43.31

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

Site || Blog || Bounty
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December 02, 2017, 07:38:32 PM
 #11677

$40.00 USD (35.17%)
0.00364521 BTC (30.14%)


WoW Shocked   going 60-80$ end of december , Jan over 100$


thx Minex-Team

But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..
TeMHuK
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December 02, 2017, 07:42:21 PM
 #11678

$40.00 USD (35.17%)
0.00364521 BTC (30.14%)


WoW Shocked   going 60-80$ end of december , Jan over 100$


thx Minex-Team

But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..
20$ is not targeted price. It is point from where Minex bank starts his algoritm calibration. Read memorandum  https://minexbank.com/memorandum
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December 02, 2017, 07:42:44 PM
 #11679

would someone explain me how bank rewards works cuz i seem like not getting it, here is why:
choosing the daily park rewards you with 7*0,21 a week and that's=1,47%. but if you choose weekly parking, they would reward you 4*5,1 a month=20,4%, while monthly parking only rewards you with 8,6%. in this case why would someone park them for 1 month straight? maybe i'm not getting it
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December 02, 2017, 07:45:51 PM
 #11680

$40.00 USD (35.17%)
0.00364521 BTC (30.14%)


WoW Shocked   going 60-80$ end of december , Jan over 100$


thx Minex-Team

But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..

dude price is not important here minexbank its like cryptobank and if u invest 1000 dollar u ll get %5.1 weekly as Minexcoin. if price dump when your parking finished u can wait to price up then u can sell. mnx price dont dump much cause everyone who has mnx coin using parking system. no body wants to sell.
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