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MineCoin.org (OP)
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March 15, 2018, 08:04:03 AM |
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Tell me please, today there will be news on the updated memorandum, including on Atomic swap?
Can't say for sure if it will be today, but anyway, we will inform our community when it will be released  |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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MineCoin.org (OP)
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March 15, 2018, 09:09:21 AM |
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Dear community!
MinexBank rates has changed, you can check it here: minexbank.com
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david.Bauman
Newbie
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Activity: 98
Merit: 0
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March 15, 2018, 12:08:55 PM |
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deepblue01
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March 15, 2018, 12:50:34 PM |
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Dear community!
MinexBank rates has changed, you can check it here: minexbank.com please increase monthly parking lol I hope no one actually waited in tether for the bitcoin crash, I want to be the only one with spare cash when MNX hits 15$ later this week
have fun with your yearly parking while monthly goes back to 13-14% Here is a quote directly from page 10 of the whitepaper, you probably didn't read that far my youngminion: Average basic rates for parking payouts:* 2017: 70% 2018: 45-55% 2019: 25-40% *The values are determined by default and may be altered by MinexBank algorithms, either way, depending on market conditions. One day you might understand why you need to gamble a little, they won't tell you when the 70% yearly rate is going to disappear for good, but I truly hope you don't take advantage of it, because it is more fun to watch you rant about how you are broke because they lowered your rates! that is your opinion. my prediction bitcoin price will fall around $3k - 6k in this year before reaching new highs in the next wave. you already read on minexcoin whitepaper, you know that basic rates can change depending on market conditionsi doubt minexbank will decrease yearly parking rate when the bloody market is still on going. so as long as crypto market is crasing, monthly parking is the best choice |
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MineCoin.org (OP)
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March 15, 2018, 12:56:45 PM |
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Minexcoin Info:
Hashrate: 152.38 MSol/s Difficulty: 7.1169905031623
MinexBank Rates:
Daily: 0.25% Weekly: 1.81% Monthly: 11.3% Yearly: 70.2%
Price of MNX: $25.54 USD
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minexpuntcoin
Jr. Member
Offline
Activity: 193
Merit: 2
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March 15, 2018, 01:57:57 PM |
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Dear community!
MinexBank rates has changed, you can check it here: minexbank.com please increase monthly parking lol I hope no one actually waited in tether for the bitcoin crash, I want to be the only one with spare cash when MNX hits 15$ later this week
have fun with your yearly parking while monthly goes back to 13-14% Here is a quote directly from page 10 of the whitepaper, you probably didn't read that far my youngminion: Average basic rates for parking payouts:* 2017: 70% 2018: 45-55% 2019: 25-40% *The values are determined by default and may be altered by MinexBank algorithms, either way, depending on market conditions. One day you might understand why you need to gamble a little, they won't tell you when the 70% yearly rate is going to disappear for good, but I truly hope you don't take advantage of it, because it is more fun to watch you rant about how you are broke because they lowered your rates! that is your opinion. my prediction bitcoin price will fall around $3k - 6k in this year before reaching new highs in the next wave. you already read on minexcoin whitepaper, you know that basic rates can change depending on market conditionsi doubt minexbank will decrease yearly parking rate when the bloody market is still on going. so as long as crypto market is crasing, monthly parking is the best choice Now here is a thoughtful, and insightful response. I too think that BTC is headed to the 5k range. I also think MNX is gaining adoption throughout this big downturn in crypto, bc it really is holding value better than 90% of the coins out there, people are taking notice, seeing a lot more on social media about it too. I assume the bank can only sustain high interest rates with lower user numbers(parking). MNX is doing much better than the average coin on the market, probably bc the parking is doing its job, thus creating less need to raise the rates, unless people start emptying wallets and selling coins, there is no need to raise the rates, even if the price is dropping. Either way, I appreciate the response, and am hopeful that we see 5k bitcoin soon, I am itchin to get back in the game |
Professional Troll
You can lead a horse to water, but you can't make it drink
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revenant2017
Sr. Member
Offline
Activity: 728
Merit: 252
Healing Galing
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March 15, 2018, 03:59:54 PM |
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Will the report be posted anytime soon? It's already thursday in Ukraine. And only 6 hours till the day ends. Still waiting for the important update.
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NathanJackson
Member
Offline
Activity: 122
Merit: 10
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March 15, 2018, 04:04:31 PM |
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Slow but sure
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minexpuntcoin
Jr. Member
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Activity: 193
Merit: 2
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March 15, 2018, 05:57:38 PM |
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Looking at Komodo's price lately, isn't Barterdex their platform??? If so, sure doesn't seem like their own decentralized exchange is doing them much good in the price category. Hopefully Minexcoin's price can grow for a multitude of reasons, but not sure a DEX is that big a price driver.
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Professional Troll
You can lead a horse to water, but you can't make it drink
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MineCoin.org (OP)
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March 15, 2018, 05:59:05 PM |
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Minexcoin Info:
Hashrate: 169.04 MSol/s Difficulty: 7.1169905031623
MinexBank Rates:
Daily: 0.25% Weekly: 1.81% Monthly: 11.3% Yearly: 70.2%
Price of MNX: $24.46 USD
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Jedgar
Member
Offline
Activity: 219
Merit: 15
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March 15, 2018, 06:34:35 PM |
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Looking at Komodo's price lately, isn't Barterdex their platform??? If so, sure doesn't seem like their own decentralized exchange is doing them much good in the price category. Hopefully Minexcoin's price can grow for a multitude of reasons, but not sure a DEX is that big a price driver.
I think atomic swap is part of their plot to get banks involved into issue of credits cards pertaining to MNX. |
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ArminH
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March 15, 2018, 06:45:03 PM |
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When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
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Xandan
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March 15, 2018, 06:50:03 PM |
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That is amazing piece of writing on atomic swaps that how those will work between Minex and BTC. Those totally trustless using has time lock method will make secure and safer at the same time. I have read twice that update and would read at least twice more to understand it fully with careful attention.
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abdulaziz07
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March 15, 2018, 08:28:24 PM |
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Can we do mining with the new Antminer X3 miner
which will get launch in next month from bitmain
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revenant2017
Sr. Member
Offline
Activity: 728
Merit: 252
Healing Galing
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March 15, 2018, 09:08:50 PM |
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Can we do mining with the new Antminer X3 miner
which will get launch in next month from bitmain
No. Minexcoin's mining algorithm MARS(Equihash) is ASIC resistant. What you were telling is an ASIC miner. You can use it in Monero and BTC and other ASIC coins out there. |
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TeMHuK
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March 15, 2018, 10:04:31 PM |
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When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  |
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minexpuntcoin
Jr. Member
Offline
Activity: 193
Merit: 2
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March 15, 2018, 10:05:31 PM |
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When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
The rates are meant to decrease over time no matter what. The price is dropping in USD due to the drop in bitcoins price, not to do with a high number of coins getting dumped just look at the volume, its low, if people were pulling lots of coins out of parkings to sell on the exchanges you would see a bigger increase in the rates i believe, but my guess is that most people just leave their coins parked, one of the main reasons MNX has lost significantly less value than most other coins this last week. |
Professional Troll
You can lead a horse to water, but you can't make it drink
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minexpuntcoin
Jr. Member
Offline
Activity: 193
Merit: 2
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March 15, 2018, 10:08:45 PM |
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When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why whats up temhuk??? im not in telegram! |
Professional Troll
You can lead a horse to water, but you can't make it drink
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TeMHuK
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March 15, 2018, 10:12:02 PM |
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When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why whats up temhuk??? im not in telegram! You can join at any time https://web.telegram.org/#/im?p=@minexcoin |
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