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Author Topic: Minexcoin - A new era of payments  (Read 637421 times)
vlom
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September 16, 2018, 02:48:08 PM
 #20281

are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.

When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive.

this did not really answer my question. so i have so search...

https://medium.com/minecoin-blog/announcement-launch-of-instabuy-refferal-and-cashback-programs-29c398741ff1
Quote
Instabuy users just have to send their BTC (or BCH) to the designated address and receive the associated MNX (The supply of MNX will come from Minexcoin’s own funds). Once the transaction is verified and validated, the same amount of MNX will be bought from exchanges and taken out of the market. We endure the hassle, you experience the pleasure!

 Huh

They sell coins and buy them back on an exchange? Does it really work like that? This is super strange. And where are the initial coins from?
Quote
INSTABUY is an exchange service that provides direct exchange (BTC, BCH and ETH to MNX) between Minexsystems private MNX reserve and the customer of INSTABUY.

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September 16, 2018, 05:25:52 PM
 #20282

are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.

When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive.
as long as the coin is profitable, it is attractive. so far, the entire crypt is only an attractive outlet, which is more refuted by the new ICO

futureofeth
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September 16, 2018, 05:28:18 PM
 #20283

are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.

When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive.
as long as the coin is profitable, it is attractive. until the entire crypt is only attractive yield that more poweraide new ICO

Always coin will be profitable only if the coin has a good development team even after completion of their ICO. We have seen already development is still confining from the mined team. So there is a good chance to increase their value.

Dirtpaw
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September 17, 2018, 06:21:32 AM
 #20284

are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.

When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive.

this did not really answer my question. so i have so search...

https://medium.com/minecoin-blog/announcement-launch-of-instabuy-refferal-and-cashback-programs-29c398741ff1
Quote
Instabuy users just have to send their BTC (or BCH) to the designated address and receive the associated MNX (The supply of MNX will come from Minexcoin’s own funds). Once the transaction is verified and validated, the same amount of MNX will be bought from exchanges and taken out of the market. We endure the hassle, you experience the pleasure!

 Huh

They sell coins and buy them back on an exchange? Does it really work like that? This is super strange. And where are the initial coins from?
Quote
INSTABUY is an exchange service that provides direct exchange (BTC, BCH and ETH to MNX) between Minexsystems private MNX reserve and the customer of INSTABUY.

They are selling ICO/Bounty leftover coins through Instabuy. So basically they are selling their pre-mine. That info is what I found from telegram groups. They haven´t touched the developer funds yet, well sort of, only 18k mnx moved from dev fund address to some other address.

First they advertised the buy back as once the transactions are verified and validated they buy back from exchange but they haven´t bought back anything yet. Now they are "formulating a buy back program" which was not the case in the first place. If the buybacks were made straight after instabuy was used then I see no problem, but how they operate now is just market manipulation. A Pump and dump with extra steps.
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September 17, 2018, 06:23:18 AM
 #20285

are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.

When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive.

If the coins and projects are not attractive to investors it is difficult to survive, buying back is only temporary and impossible forever, because they also need fiat for their living expenses and their project cost.

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September 17, 2018, 12:28:40 PM
 #20286

Now we have a very low daily trading volume. "Only" $11,616 USD. Twenty days earlier was more than 340k.
is this a sign that people stop selling cheap or MNX is not more attractive?
jadefalke
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September 17, 2018, 12:55:17 PM
 #20287

Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?

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September 17, 2018, 01:20:04 PM
 #20288

There should be buyback and i think buyback only make sense when card is launch, right now the price will go down if there's any buyback because mnx is still a speculative asset but we want it as an utility coin.
YuSK
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September 17, 2018, 01:20:48 PM
 #20289

Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?

No one will give you a correct answer here, try asking on reddit too (https://www.reddit.com/r/minexcoin/), They will censor and delete your question.
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September 17, 2018, 01:39:25 PM
 #20290

Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?

No one will give you a correct answer here, try asking on reddit too (https://www.reddit.com/r/minexcoin/), They will censor and delete your question.
I'm not sure about deleting something from reddit because you are paid FUDer and liar.

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YuSK
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September 17, 2018, 02:28:49 PM
 #20291

Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?

No one will give you a correct answer here, try asking on reddit too (https://www.reddit.com/r/minexcoin/), They will censor and delete your question.
I'm not sure about deleting something from reddit because you are paid FUDer and liar.

Your a paid shill! Your supporting the next Minex 2.0 obvious scam called republia HAHA
TeMHuK
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September 17, 2018, 02:51:23 PM
 #20292

Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?

No one will give you a correct answer here, try asking on reddit too (https://www.reddit.com/r/minexcoin/), They will censor and delete your question.
I'm not sure about deleting something from reddit because you are paid FUDer and liar.

Your a paid shill! Your supporting the next Minex 2.0 obvious scam called republia HAHA
Poor FUDer are angry  Cry Cry Cry

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September 17, 2018, 03:37:11 PM
 #20293

Good afternoon. Tell me who ordered the cards of this payment system? If so, how can you evaluate the work. I wish everyone good luck.

Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?

No one will give you a correct answer here, try asking on reddit too (https://www.reddit.com/r/minexcoin/), They will censor and delete your question.


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YuSK
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September 17, 2018, 03:45:39 PM
 #20294

Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?

No one will give you a correct answer here, try asking on reddit too (https://www.reddit.com/r/minexcoin/), They will censor and delete your question.
I'm not sure about deleting something from reddit because you are paid FUDer and liar.

Your a paid shill! Your supporting the next Minex 2.0 obvious scam called republia HAHA
Poor FUDer are angry  Cry Cry Cry

Poor PAID SHILL who calls anyone who calls him out a FUDer
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September 17, 2018, 07:48:48 PM
 #20295

Now we have a very low daily trading volume. "Only" $11,616 USD. Twenty days earlier was more than 340k.
is this a sign that people stop selling cheap or MNX is not more attractive?
No one can say that for sure, there is still a lot of coins released every day on minexbank and with mining, so we can only hope that cheap sellout is over!

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September 18, 2018, 07:59:05 PM
 #20296

What is happening? This is nice grow in price when most  of the market is red! Did someone got his card or what?

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September 18, 2018, 08:06:00 PM
 #20297

What is happening? This is nice grow in price when most  of the market is red! Did someone got his card or what?
I do not know, no updates here also no updates on Twitter or Reddit. Maybe only market manipulation.
And alsi this week we should receive update about credit cards provider. So I hope that there wont be any delay with it.

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September 18, 2018, 08:40:03 PM
 #20298

What is happening? This is nice grow in price when most  of the market is red! Did someone got his card or what?
I do not know, no updates here also no updates on Twitter or Reddit. Maybe only market manipulation.
And alsi this week we should receive update about credit cards provider. So I hope that there wont be any delay with it.

strange silence in the last weeks
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September 19, 2018, 03:02:12 AM
 #20299

What is happening? This is nice grow in price when most  of the market is red! Did someone got his card or what?

Lol, that kinda surprised me as well because even today the price of Minex is up by 18% (at the time of writing).
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September 19, 2018, 04:26:28 AM
 #20300

What is happening? This is nice grow in price when most  of the market is red! Did someone got his card or what?

Lol, that kinda surprised me as well because even today the price of Minex is up by 18% (at the time of writing).

yeah.

2.67 BTC volume.

pathetic really.

If it were 200 BTC volume, then you could be excused for cheering.

 Roll Eyes
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