Minexcoin - A new era of payments

[DashS]

When bounty rewards will converted to MNC'S? At the end of ICO?

This is my first ICO, Sorry for my broken cryptocurrency knowledge.  

The shares earned in the Bounty campaign will be converted to MNC and distributed after the end of the campaign (June 13). This process will take several days (3-4).

I'm supporting this project by twitter promotion. I plan to keep my bounty stake for some time and check were the project will go.

Also, Mars algo is equihash algo based. Does this mean CPU mining will be pretty ineffective compared to GPU mining?
Will there be a GPU miner on start of the network?

[1715325006]

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[1715325006]

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[1715325006]

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[MineCoin.org]

When bounty rewards will converted to MNC'S? At the end of ICO?

This is my first ICO, Sorry for my broken cryptocurrency knowledge.  

The shares earned in the Bounty campaign will be converted to MNC and distributed after the end of the campaign (June 13). This process will take several days (3-4).

Hello sir

One Share= one coin ?

I invest à Little on your project

Good luck :-)

Thanks

Thank you for participating
It will be known after the end of ICO.

[MineCoin.org]

@MineCoinorg, I have questions regarding parking MNC coins.
1) If you park your MNC coins, let's say 24 hours, will there be automatic rollover? Or will just be park unless automatic rollover was cancelled?
2) In case of bonds, the longer the term, the higher is the interest rates. Will these also apply to MNC?
3) What is the currency for the payout? Will it be fiat USD, BTC or MNC?

Thanks MineCoin.org in advance.

1. There will be no automatic reset of the deposit (parking). The rate can be changed several times a day. And in order to avoid accusations of abuse, the client himself will decide at what rate to place the deposit.
2. You are absolutely right. The longer the term of the deposit, the higher the interest rates will be. This does not apply to the first hours and days of public auctions or critical market situations, when the only way to avoid a price drop is to situatively increase the interest rate on a daily deposit to "indecent", say, 500% per annum. Therefore, the first time the rates for "day" parking will be much higher than "annual".
3. Exit to Fiat at the initial stage will be through BTC. In the future (and this depends on the exchanges that want to place a pair of MNC / USD) is possible in the USD. In any case, applications on various exchanges on the listing to the dollar, we will submit.

[imtiazmahmood]

@MineCoinorg, I have questions regarding parking MNC coins.
1) If you park your MNC coins, let's say 24 hours, will there be automatic rollover? Or will just be park unless automatic rollover was cancelled?
2) In case of bonds, the longer the term, the higher is the interest rates. Will these also apply to MNC?
3) What is the currency for the payout? Will it be fiat USD, BTC or MNC?

Thanks MineCoin.org in advance.

1. There will be no automatic reset of the deposit (parking). The rate can be changed several times a day. And in order to avoid accusations of abuse, the client himself will decide at what rate to place the deposit.
2. You are absolutely right. The longer the term of the deposit, the higher the interest rates will be. This does not apply to the first hours and days of public auctions or critical market situations, when the only way to avoid a price drop is to situatively increase the interest rate on a daily deposit to "indecent", say, 500% per annum. Therefore, the first time the rates for "day" parking will be much higher than "annual".
3. Exit to Fiat at the initial stage will be through BTC. In the future (and this depends on the exchanges that want to place a pair of MNC / USD) is possible in the USD. In any case, applications on various exchanges on the listing to the dollar, we will submit.

very good information about minexcoin. very professional minexcoin team, thank you dev.

[isen99ono]

Anyone know the plan of the first exchange in the go? Whether bittrex, liqui or any other exchange. Btw hopefully his minex project runs smoothly and successfully
and good luck minex and team 

[MineCoin.org]

@MineCoinorg, I have questions regarding parking MNC coins.
1) If you park your MNC coins, let's say 24 hours, will there be automatic rollover? Or will just be park unless automatic rollover was cancelled?
2) In case of bonds, the longer the term, the higher is the interest rates. Will these also apply to MNC?
3) What is the currency for the payout? Will it be fiat USD, BTC or MNC?

Thanks MineCoin.org in advance.

1. There will be no automatic reset of the deposit (parking). The rate can be changed several times a day. And in order to avoid accusations of abuse, the client himself will decide at what rate to place the deposit.
2. You are absolutely right. The longer the term of the deposit, the higher the interest rates will be. This does not apply to the first hours and days of public auctions or critical market situations, when the only way to avoid a price drop is to situatively increase the interest rate on a daily deposit to "indecent", say, 500% per annum. Therefore, the first time the rates for "day" parking will be much higher than "annual".
3. Exit to Fiat at the initial stage will be through BTC. In the future (and this depends on the exchanges that want to place a pair of MNC / USD) is possible in the USD. In any case, applications on various exchanges on the listing to the dollar, we will submit.

very good information about minexcoin. very professional minexcoin team, thank you dev.

So do not miss the chance to get an incredibly high percentage of the "parking" operations at the very beginning of the Minexcoin listing on exhange! Very short period of time, the algorithm Minexbank will "grope" the interest rate, which will allow to balance the demand / supply, and hence the price. After that, rates quickly stabilize at the base level - 70% per year
Happy Minex!

[elegant_joylin]

@MineCoinorg, I have questions regarding parking MNC coins.
1) If you park your MNC coins, let's say 24 hours, will there be automatic rollover? Or will just be park unless automatic rollover was cancelled?
2) In case of bonds, the longer the term, the higher is the interest rates. Will these also apply to MNC?
3) What is the currency for the payout? Will it be fiat USD, BTC or MNC?

Thanks MineCoin.org in advance.

1. There will be no automatic reset of the deposit (parking). The rate can be changed several times a day. And in order to avoid accusations of abuse, the client himself will decide at what rate to place the deposit.
2. You are absolutely right. The longer the term of the deposit, the higher the interest rates will be. This does not apply to the first hours and days of public auctions or critical market situations, when the only way to avoid a price drop is to situatively increase the interest rate on a daily deposit to "indecent", say, 500% per annum. Therefore, the first time the rates for "day" parking will be much higher than "annual".
3. Exit to Fiat at the initial stage will be through BTC. In the future (and this depends on the exchanges that want to place a pair of MNC / USD) is possible in the USD. In any case, applications on various exchanges on the listing to the dollar, we will submit.

very good information about minexcoin. very professional minexcoin team, thank you dev.

So do not miss the chance to get an incredibly high percentage of the "parking" operations at the very beginning of the Minexcoin listing on exhange! Very short period of time, the algorithm Minexbank will "grope" the interest rate, which will allow to balance the demand / supply, and hence the price. After that, rates quickly stabilize at the base level - 70% per year
Happy Minex!

Thank you for quick response MineCoin. Thank you for the answer, happy to hear that. Minexcoin has really a great future ahead.

[indo1]

Example calculation one share

Bounty supply : 300000 MNC
all shares people joining campaign  : 100.000.000

So one shares is

300000 : 100.000.000 = 0.003MNC

then calculate how much you have share in bounty 

[imtiazmahmood]

Example calculation one share

Bounty supply : 300000 MNC
all shares people joining campaign  : 100.000.000

So one shares is

300000 : 100.000.000 = 0.003MNC

then calculate how much you have share in bounty 

i don't think this is correct calculation, let see after ico end.

[tehMoonwalker]

@MineCoinorg, I have questions regarding parking MNC coins.
1) If you park your MNC coins, let's say 24 hours, will there be automatic rollover? Or will just be park unless automatic rollover was cancelled?
2) In case of bonds, the longer the term, the higher is the interest rates. Will these also apply to MNC?
3) What is the currency for the payout? Will it be fiat USD, BTC or MNC?

Thanks MineCoin.org in advance.

1. There will be no automatic reset of the deposit (parking). The rate can be changed several times a day. And in order to avoid accusations of abuse, the client himself will decide at what rate to place the deposit.
2. You are absolutely right. The longer the term of the deposit, the higher the interest rates will be. This does not apply to the first hours and days of public auctions or critical market situations, when the only way to avoid a price drop is to situatively increase the interest rate on a daily deposit to "indecent", say, 500% per annum. Therefore, the first time the rates for "day" parking will be much higher than "annual".
3. Exit to Fiat at the initial stage will be through BTC. In the future (and this depends on the exchanges that want to place a pair of MNC / USD) is possible in the USD. In any case, applications on various exchanges on the listing to the dollar, we will submit.

do i understand this right? to prevent dumps in the early stages the parking will have extremely high returns in the beginning??

[Lisk_beginner]

Example calculation one share

Bounty supply : 300000 MNC
all shares people joining campaign  : 100.000.000

So one shares is

300000 : 100.000.000 = 0.003MNC

then calculate how much you have share in bounty 

I wish it's not the case
If you like and comment all facebook publication, Twitter and you will have 30 MNC, it's nothing

[MineCoin.org]

@MineCoinorg, I have questions regarding parking MNC coins.
1) If you park your MNC coins, let's say 24 hours, will there be automatic rollover? Or will just be park unless automatic rollover was cancelled?
2) In case of bonds, the longer the term, the higher is the interest rates. Will these also apply to MNC?
3) What is the currency for the payout? Will it be fiat USD, BTC or MNC?

Thanks MineCoin.org in advance.

1. There will be no automatic reset of the deposit (parking). The rate can be changed several times a day. And in order to avoid accusations of abuse, the client himself will decide at what rate to place the deposit.
2. You are absolutely right. The longer the term of the deposit, the higher the interest rates will be. This does not apply to the first hours and days of public auctions or critical market situations, when the only way to avoid a price drop is to situatively increase the interest rate on a daily deposit to "indecent", say, 500% per annum. Therefore, the first time the rates for "day" parking will be much higher than "annual".
3. Exit to Fiat at the initial stage will be through BTC. In the future (and this depends on the exchanges that want to place a pair of MNC / USD) is possible in the USD. In any case, applications on various exchanges on the listing to the dollar, we will submit.

do i understand this right? to prevent dumps in the early stages the parking will have extremely high returns in the beginning??

Absolutely!

[MineCoin.org]

Example calculation one share

Bounty supply : 300000 MNC
all shares people joining campaign  : 100.000.000

So one shares is

300000 : 100.000.000 = 0.003MNC

then calculate how much you have share in bounty  

I wish it's not the case
If you like and comment all facebook publication, Twitter and you will have 30 MNC, it's nothing

   
For example
Bounty Newsletter subscription supply : 3000 MNC
People in  6000
all shares people joining campaign  : 60.000
So one shares is
3000 : 60.000 = 0.05MNC

Bounty Publication of information about the project on other websites supply : 15000 MNC
People in  200
all shares people joining campaign  : 10.000
So one shares is
15000 : 10.000 = 1.5MNC

[rijaljun]

About the bounty reward, let the minexcoin team calculate it. Now who paticipating, just collect the shares as many as we can )

[Flunder707]

I entered in on the ICO and see my btc in my account, but at the bottom where it's awaiting my transactions it says 0 confirmations.  However, the block has been confirmed more than 3 times already.  How often does it update?

Mine is saying the same thing even though my transaction has 1,000+ confirmations.

On which wallet did you transfer the money (Minexcoin wallet or Escrow)?

To the escrow.

[elegant_joylin]

Example calculation one share

Bounty supply : 300000 MNC
all shares people joining campaign  : 100.000.000

So one shares is

300000 : 100.000.000 = 0.003MNC

then calculate how much you have share in bounty  

I wish it's not the case
If you like and comment all facebook publication, Twitter and you will have 30 MNC, it's nothing

   
For example
Bounty Newsletter subscription supply : 3000 MNC
People in  6000
all shares people joining campaign  : 60.000
So one shares is
3000 : 60.000 = 0.05MNC

Bounty Publication of information about the project on other websites supply : 15000 MNC
People in  200
all shares people joining campaign  : 10.000
So one shares is
15000 : 10.000 = 1.5MNC

This is just a hypothetical example as I don't have the actual data. But it can be your guide.



But I think it's much better to support the coin right now. MNC has still 8 days before ICO closed.

[MineCoin.org]

Why volatility is the problem for cryptocurrency and why Minexcoin is the best stable-growing coin

https://blog.minecoin.org/why-volatillity-is-the-problem-for-cryptocurrency-and-why-minexcoin-is-the-best-stable-growing-coin-c4fd5c91c38d

[elegant_joylin]

@MineCoin.org, something just pop-up into my mind regarding the parking of coins still. As i recalled I think you did not mention it on your Whitepaper.

"Is there a minimum MNC shares to park?"

[MineCoin.org]

@MineCoin.org, something just pop-up into my mind regarding the parking of coins still. As i recalled I think you did not mention it on your Whitepaper.

"Is there a minimum MNC shares to park?"

Of course have!
The fact is that there is a commission for the transaction Minexcoin. The system will not allow the placement of parking if the estimated amount for the entire period of parking is less than the commission for the transaction.

[ChinkyEyes]

I just deposited some bitcoins, when will my minecoins appear?