Vlijmscherp
Newbie
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Activity: 5
Merit: 0
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May 29, 2017, 08:24:36 PM |
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Looks like a nice project, I just don't understand the phase 1 and 2 part.
In phase 1 there are 2M MNC reserved and only 150K for phase 2. The 2M are reserved for subscribers. What does that mean? How much did they fund in BTC? I think that will be quite crucial to know as this will determine the price setting right?
Thank you. Subscription company (many call this stage PRE-ICO) on coins was held from September to December 2016. In fact, pre-ICO is a round of seed investment. At this stage, we attracted, at the rate on the day of attraction, approximately $ 800,000. Among our angel investors, the bulk of off-line investors. On-line investors who participated in the first round have comprehensive information on the results of the "Subscription" stage. Yes, indeed, the total volume of coins sold at the first stage amounted to 2 million coins. The total volume of the pre-mill is 5 500 000, of which 1 500 000 go to the Minexbank reserves and will be used to pay interest on the parking operations. Thanks for the reply, am I then correct when saying: In phase 1 for each dollar invested you will get 2.5 MCN (2.000.000/800.000) In phase 2 for each dollar invested you will get 0.88 MCN (150.000/170.000*) *84 BTC x $2.000, and this 0.88 will continue to decrease as more investers are joining in I am trying to understand as I'm totally new to ICO  |
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Chapel
Newbie
Offline
Activity: 3
Merit: 0
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May 29, 2017, 08:26:11 PM |
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glad to be here.
I don't have anything showing in my dashboard? but I have confirmation of my contribution to the escrow wallet. How long before you see anything in the dashboard so I can use the chat feature? in the Minexcoin Dashboard for ICO Any guidance would be appreciated. Thanks
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Free1bitco.in
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May 29, 2017, 09:39:22 PM |
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The project looks like it will fail and it does not attract many investors, no matter what makes investors do not want to hold big bags for Minexcoin, at least need an interesting idea so that many investors are interested in minexcoin
No, this project has been successful in the first round of ico this is the second round of ICO and to determine the price of Minexcoin in the exchanger So whatever ICO results in this second round does not affect the launch, coin will still be created. |
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sunce33
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May 30, 2017, 12:29:14 AM |
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My video for Minexcoin :https://youtu.be/HT_VRDWk-84
Check
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ranggawulung
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May 30, 2017, 02:58:51 AM |
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fund ICO until now raised 87.67991317 BTC, how much minimum target ICO?
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Sy
Legendary
Offline
Activity: 1484
Merit: 1003
Bounty Detective
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May 30, 2017, 03:21:25 AM |
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fund ICO until now raised 87.67991317 BTC, how much minimum target ICO?
It will be considered successful regardless of the money raise as there is no minimum or maximum cap set on the project. |
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naska21
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May 30, 2017, 05:59:53 AM |
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as I got it some part of coins will go from miners to MinexBank. How large is that?
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BurstIncomeAsset
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May 30, 2017, 10:23:03 AM |
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The project looks like it will fail and it does not attract many investors, no matter what makes investors do not want to hold big bags for Minexcoin, at least need an interesting idea so that many investors are interested in minexcoin
Still plenty of time, the ICO will end in late in June. At least wait until it ends to launch doom and gloom predictions that someone might take with some seriousness |
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MineCoin.org (OP)
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May 30, 2017, 12:09:54 PM |
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Looks like a nice project, I just don't understand the phase 1 and 2 part.
In phase 1 there are 2M MNC reserved and only 150K for phase 2. The 2M are reserved for subscribers. What does that mean? How much did they fund in BTC? I think that will be quite crucial to know as this will determine the price setting right?
Thank you. Subscription company (many call this stage PRE-ICO) on coins was held from September to December 2016. In fact, pre-ICO is a round of seed investment. At this stage, we attracted, at the rate on the day of attraction, approximately $ 800,000. Among our angel investors, the bulk of off-line investors. On-line investors who participated in the first round have comprehensive information on the results of the "Subscription" stage. Yes, indeed, the total volume of coins sold at the first stage amounted to 2 million coins. The total volume of the pre-mill is 5 500 000, of which 1 500 000 go to the Minexbank reserves and will be used to pay interest on the parking operations. Thanks for the reply, am I then correct when saying: In phase 1 for each dollar invested you will get 2.5 MCN (2.000.000/800.000) In phase 2 for each dollar invested you will get 0.88 MCN (150.000/170.000*) *84 BTC x $2.000, and this 0.88 will continue to decrease as more investers are joining in I am trying to understand as I'm totally new to ICO Investors who participated in the first round of investments, depending on the time of entry into the project, received the MNC at a price of 0.00066 to 0.001434 BTC / MNC as well as in the second stage there were bonuses to early participants. If you count in dollars, then the average selling price of 2,000,000 coins was $ 0.4 / MNC. The results of the second stage have not yet been determined, since we have just crossed the equator. But for today it is already possible to say that the price of MNC at the beginning of trading on the exchange will be above 0.001 BTC / MNC. The price that will be formed based on the results of the second round of investments will be determined as the initial target for Minexbank. In order to keep this price and equalize the balance of supply and demand in the market, Minexbank will by stimulating the freezing of funds by coin holders in their purses, paying dividends for the use of "parking" coins. For today, the absolute fact is that the MSC has already reached the price of $ 1.97 / MNC. And there are still more than 14 days left until the end of ICO. |
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MineCoin.org (OP)
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May 30, 2017, 12:13:23 PM |
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as I got it some part of coins will go from miners to MinexBank. How large is that?
Blocks 1 - 900 001 = 20% Blocks 900 001 - 1 800 000 = 30% Blocks 1 800 001 - 2 700 000 = 40% Blocks 2 700 001 - 3 600 000 = 50% Blocks 3 600 001 - 4 500 000 = 60% Blocks 4 500 001 - 5 400 000 = 70% You can read more https://minexcoin.com/html/download/wpeng.pdf |
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naska21
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May 30, 2017, 01:45:50 PM
Last edit: May 30, 2017, 01:59:19 PM by naska21 |
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as I got it some part of coins will go from miners to MinexBank. How large is that?
Blocks 1 - 900 001 = 20% Blocks 900 001 - 1 800 000 = 30% Blocks 1 800 001 - 2 700 000 = 40% Blocks 2 700 001 - 3 600 000 = 50% Blocks 3 600 001 - 4 500 000 = 60% Blocks 4 500 001 - 5 400 000 = 70% You can read more https://minexcoin.com/html/download/wpeng.pdftnx, I got it and in accordance with this document it will be stable 20% starting from block 5 400 001. Do you think miners will agree to pay 50 - 70% for the mining licence? But on the other hand such progressive payments will restrain the difficulty increase |
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MineCoin.org (OP)
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May 30, 2017, 02:14:56 PM |
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as I got it some part of coins will go from miners to MinexBank. How large is that?
Blocks 1 - 900 001 = 20% Blocks 900 001 - 1 800 000 = 30% Blocks 1 800 001 - 2 700 000 = 40% Blocks 2 700 001 - 3 600 000 = 50% Blocks 3 600 001 - 4 500 000 = 60% Blocks 4 500 001 - 5 400 000 = 70% You can read more https://minexcoin.com/html/download/wpeng.pdftnx, I got it and in accordance with this document it will be stable 20% starting from block 5 400 001. Do you think miners will agree to pay 50 - 70% for the mining licence? But on the other hand such progressive payments will restrain the difficulty increase The increase in complexity does not depend on the percentage of deductions, but on the profitability of mining in absolute terms (in fiat currency). Let's assume that the MNC by 2025 will cost $ 500. By this time, deductions to Minexbank will amount to 50%. Do you think that the complexity will increase if, at 20% of the deductions at the initial stage, the price of the MNC is $ 20? |
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faridsa
Newbie
Offline
Activity: 17
Merit: 0
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May 30, 2017, 02:18:14 PM |
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The project is going very well |
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MineCoin.org (OP)
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May 30, 2017, 02:19:02 PM |
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The project is going very well Thank you. |
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naska21
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May 30, 2017, 02:51:50 PM
Last edit: May 30, 2017, 03:05:35 PM by naska21 |
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The increase in complexity does not depend on the percentage of deductions, but on the profitability of mining in absolute terms (in fiat currency). Let's assume that the MNC by 2025 will cost $ 500. By this time, deductions to Minexbank will amount to 50%. Do you think that the complexity will increase if, at 20% of the deductions at the initial stage, the price of the MNC is $ 20?
Yeah, it depends on the price. with the price of $500 everyone will be eager to mine and won't consider those persentiges. |
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Telepo
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May 30, 2017, 03:00:26 PM |
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as I got it some part of coins will go from miners to MinexBank. How large is that?
Blocks 1 - 900 001 = 20% Blocks 900 001 - 1 800 000 = 30% Blocks 1 800 001 - 2 700 000 = 40% Blocks 2 700 001 - 3 600 000 = 50% Blocks 3 600 001 - 4 500 000 = 60% Blocks 4 500 001 - 5 400 000 = 70% You can read more https://minexcoin.com/html/download/wpeng.pdfIt's interesting I will use some rigs for mining this coin after this coin is released. I expect MNC will be the good coin for investors to join it . |
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MineCoin.org (OP)
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May 30, 2017, 03:33:22 PM
Last edit: May 30, 2017, 04:19:56 PM by MineCoin.org |
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Hello!
We’ve developed a payment system on the basis of bitcoin source code using MARS mining algorithm (equihash based).
Currently, we are at the final stage of a process, and in a few weeks it will be released. We’d like to provide our users with a reliable and secure solution with an open source code, that is why we are addressing to those who are familiar with the bitcoin source code, and have sufficient experience in the development of this sector. The goal is to check the code compliance with the features, detect bugs, optimize and audit security.
All developers who take part in addressing this challenge will get a reward both in BTC and Minexcoin.
Those who believe that his skills can be useful in the process of testing the system, or know someone who can do it, email us at: code@minexcoin.com
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