Minexcoin - A new era of payments

[jenlex13]

That is not what I said. I think you need to be qualified to advise people to invest in something, but you don't necessarily have to be to caution people against investing in something. The reason for this is simple. If you advise people to invest, you are potentially putting their money on the line if they take your advice. If you advise them not to, they may lose out on potential profits if they take your advice, but at least there is no risk of them going broke. I take your point on board about trading and graphical analysis, limits etc. I may look into this further.

Okay.. just to finish this conversation. You already said your piece and as i said we will not take your advice and will not dump our coins.

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[SetasSan]

I think recently price dropped so fast is because Minexbank dumped some coins
this is in WP:
"In case of excessive demand, the interest rate for parking payments will decrease. This will
cause asset holders to enter the market, which in turn will cause the price to go down. In case
this method fails to work effectively enough, MinexBank starts selling the assets itself in order to
subdue pressure from buyers."

[jenlex13]

I know I will not convince any of those posting. I am providing an alternative viewpoint to those who ghost this forum and have not already invested in the project (and as such are likely not biased in favour of it).

okay good point..

[bribed]

I know I will not convince any of those posting. I am providing an alternative viewpoint to those who ghost this forum and have not already invested in the project (and as such are likely not biased in favour of it).

As you did make an account just to post in the minexcoin thread, I must admit you are really polite and only sharing your opinion on it as it seems. I like that, because most of trolls (dont mean you here, but most people that pick acc names like you did here are trolls) just spam nonesense and have nothing to say at all. I respect reading up on another point of view. History is always written by the winners, but whats the truth? Always need to look at both sides to find it

[kenzie95]

I know I will not convince any of those posting. I am providing an alternative viewpoint to those who ghost this forum and have not already invested in the project (and as such are likely not biased in favour of it).

As you did make an account just to post in the minexcoin thread, I must admit you are really polite and only sharing your opinion on it as it seems. I like that, because most of trolls (dont mean you here, but most people that pick acc names like you did here are trolls) just spam nonesense and have nothing to say at all. I respect reading up on another point of view. History is always written by the winners, but whats the truth? Always need to look at both sides to find it

He's pretty much talking non-sense since he obviously didn't read white paper or memorandum. You can see my argument on his first post 2 pages behind or so. He didn't answer me anything ofcourse

[kenzie95]

I didn't answer you because you made unfounded statements about my financial situation, and you didn't really bring up anything that I didn't already address in my initial post.

U're obviously a troll then, gonna start ignoring u now and suggest every1 else to do so, glhf

[myminex]

Firstly interest rates are changing depending on the coins price, higher the price, lower the interest,

it doesn't seem likely that the current system can continue without the coins ultimately being reduced in value to a fraction of their current worth, a drastic reduction in the interest rates Minexbank is paying out, or both.

secondly they said first 3 months, STARTING FROM 1.st November are going to be testing months for this coin AND for the bank, meaning changes are still to be made !

3) The Minexcoin team themselves have said that the coin is meant to be low volatility after a calibration period of a few months, and the coin appears to be trending down to a long-term level that will be maintained by the coins algorithm far below the high of a few days ago. The Minexcoin team predicted a stable price of around $20.

3.rd this coin is just out for a month and dev said exchanges do not welcome any side talks so all we can do is wait for news.

5) There is still no news of the coin being listed on other exchanges, and no guarantee that it ever will be. Even if it is, I don't see this helping with any of the above points.

I didn't answer you because you made unfounded statements about my financial situation, and you didn't really bring up anything that I didn't already address in my initial post.

And who cares if u lost 20k$, if u bought this coin on ico u would be at x30 profit atm, but i highly doubt that u even have 20k in ur pocket so..

U're obviously a troll then, gonna start ignoring u now and suggest every1 else to do so, glhf

I'm not a troll, branding me as one is lazy.

Proof of purchase of $ 20k MNX. If not u is spam.

[TeMHuK]

true, he crying here all day but no proofs at all. Newbie investor with possibility to lost 20.000$ it sounds like FUD

[jenlex13]

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

so you bought HIGH and sell low?

[TeMHuK]

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

so, what do you want from us? you could park your coins every week and get 5% profit. But you decided to lose money and gain from parking. now BTC will fall down and you will lose half of your funds again. We calling that people for hamsters. if you start to counting your potential profit that mean you allready lost.

[Pump N Dead]

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

 lol, you only lose if you sell it low. Then why did you sell it at loss? Minexcoin will definitely bounce soon and you can also enjoy the profit from minexbank while holding.   what a life!

[richdadphat]

true, he crying here all day but no proofs at all. Newbie investor with possibility to lost 20.000$ it sounds like FUD

Any solution for MNX Coin stop dump ?

[jenlex13]

Let me just clarify that the $20,000 'loss' was not a loss of my initial investment, just a loss of potential profits. I still sold the coin at a higher price than I bought it at. I have lost all faith in the coin's ability to recover its price beyond the $30 mark. I think that it is much more sensible to convert it back to Bitcoin at this point.

You said here that you sell it for higher price

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

But here you said that you sold it for lower price?

what is the truth?

[TeMHuK]

true, he crying here all day but no proofs at all. Newbie investor with possibility to lost 20.000$ it sounds like FUD

Any solution for MNX Coin stop dump ?

When bitcoin stop his pump all alts will go up. All this dump caused by BTC and few traders

[richdadphat]

true, he crying here all day but no proofs at all. Newbie investor with possibility to lost 20.000$ it sounds like FUD

Any solution for MNX Coin stop dump ?

When bitcoin stop his pump all alts will go up. All this dump caused by BTC and few traders

hope

[jenlex13]

Let me just clarify that the $20,000 'loss' was not a loss of my initial investment, just a loss of potential profits. I still sold the coin at a higher price than I bought it at. I have lost all faith in the coin's ability to recover its price beyond the $30 mark. I think that it is much more sensible to convert it back to Bitcoin at this point.

You said here that you sell it for higher price

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

But here you said that you sold it for lower price?

what is the truth?

Bought for $9,500. Sold for $12,970 (a higher price).

Then you did not lose at all ? but still gained $3470
so what are you doing here ranting .. don't blame minexcoin for BTC pumping its price,. It is normal

[myminex]

For the record I never said I purchased $20k worth of Minexcoin, I said that I had lost out on $20k worth of profits (this loss increases the more Bitcoins value increases). My Minexcoin purchase cost me $9500 AUD, and at one point it was worth 1.65 BTC. This would now be worth $37,026 AUD. I sold my Minexcoin (282.49 MNX) for 0.578 BTC, which is now worth $12,970 AUD. This equates to a loss of potential profit of $24,056 AUD.

That's your choice. You really do not understand minex. Protect ecosystem and your profits. Sell cheap?

[ekin4]

24 hour volume is less than 20 BTC. Any trader can drive the price up or down. We can't speculate with this data, it's easy to manipulate data. If you hold just hold, if you want to buy just put buy order.

[TeMHuK]

24 hour volume is less than 20 BTC. Any trader can drive the price up or down. We can't speculate with this data, it's easy to manipulate data. If you hold just hold, if you want to buy just put buy order.

Weak hands must lost their coins. Only after that price can go up

[jenlex13]

As I said if the price starts going up again I'll be all over it, but in the meantime why hold when it looks likely it'll go lower against BTC. I can most likely buy back more MNX later than if I were to just hold it now. So far my prediction is proving accurate, the price has dipped significantly against BTC despite holding a relatively steady $ value. BTC is the better bet currently.

then wait for the correction.