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Author Topic: Minexcoin - A new era of payments  (Read 646578 times)
bitcoinvestor
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September 26, 2017, 12:57:57 PM
 #7601

Hello MinexCoin Community!

We have great new in our latest MinexCoin MIP report.

We actually got rid of all reasons for not to be accepted by exchanges.

https://blog.minecoin.org/minexcoin-mip-report-d8be8dff4cd6


ALways give support for the team to accomplish the project. We are waiting the coin will be populare among the popular ones. OK I alwais wait for the great news.
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rafzalan
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September 26, 2017, 01:09:10 PM
 #7602

Last offer before the market opens,

I am willing to sell some MINEX for $3 BTC for 1 MINEX

Minexcoin is .00230845x3926 = $9.06 per 1Minexcoin

The ICO price is not the accurate price when it hits exchange.  Seeing the approach of development team towards solving the issues may  bring the value of MNX as high as $99.99 per 1Minexcoin.
IMO best strategy would be parking them for a year. The price wont be so high to sell and get good profit, we have many coins ready to dump at the first day.

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MineCoin.org (OP)
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September 26, 2017, 01:19:39 PM
 #7603

ALways give support for the team to accomplish the project. We are waiting the coin will be populare among the popular ones. OK I alwais wait for the great news.

Thank you bitcoinvestor! This is very encouraging to feel the support from the Community.

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

Site || Blog || Bounty
enf.ini
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September 26, 2017, 02:40:28 PM
 #7604

Do you know why the ICOs are not being so wanted? Most of the time, developers already have bitcoins to run their project, but still make the initial offer and do not worry about constantly updating the project before launching the currency in the exchanges. That's why the developers of Minexcoin are to be congratulated on not only developing this great project, but also on all the people who have trusted in their project and believed that they could trade their currencies in a quality exchange. These users who insist on doing FUD with this project, are just crazy to get their currency for low prices, do not fall for this. Whales love to eat sardines!
Sorry for my English.
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September 26, 2017, 02:49:36 PM
 #7605

Do you know why the ICOs are not being so wanted? Most of the time, developers already have bitcoins to run their project, but still make the initial offer and do not worry about constantly updating the project before launching the currency in the exchanges. That's why the developers of Minexcoin are to be congratulated on not only developing this great project, but also on all the people who have trusted in their project and believed that they could trade their currencies in a quality exchange. These users who insist on doing FUD with this project, are just crazy to get their currency for low prices, do not fall for this. Whales love to eat sardines!
Sorry for my English.

I agree with you besides that prolonged delays bring the trust of the community began to disappear but they do not know the real situation
besides of course dev want immediately tokens listed in the market but the circumstances have not yet allowed.
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September 26, 2017, 03:07:39 PM
 #7606

Do you know why the ICOs are not being so wanted? Most of the time, developers already have bitcoins to run their project, but still make the initial offer and do not worry about constantly updating the project before launching the currency in the exchanges. That's why the developers of Minexcoin are to be congratulated on not only developing this great project, but also on all the people who have trusted in their project and believed that they could trade their currencies in a quality exchange. These users who insist on doing FUD with this project, are just crazy to get their currency for low prices, do not fall for this. Whales love to eat sardines!
Sorry for my English.
new supporter with newbie account   Roll Eyes

I see fron your text your senior veteran in this forum

INVALID BBCODE: close of unopened tag in table (1)
MineCoin.org (OP)
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September 26, 2017, 03:37:21 PM
 #7607

Do you know why the ICOs are not being so wanted? Most of the time, developers already have bitcoins to run their project, but still make the initial offer and do not worry about constantly updating the project before launching the currency in the exchanges. That's why the developers of Minexcoin are to be congratulated on not only developing this great project, but also on all the people who have trusted in their project and believed that they could trade their currencies in a quality exchange. These users who insist on doing FUD with this project, are just crazy to get their currency for low prices, do not fall for this. Whales love to eat sardines!
Sorry for my English.
I agree with you besides that prolonged delays bring the trust of the community began to disappear but they do not know the real situation
besides of course dev want immediately tokens listed in the market but the circumstances have not yet allowed.

Hello All,

Thank you so much for your support and understanding!

new supporter with newbie account   Roll Eyes
I see fron your text your senior veteran in this forum

We do appreciate support for all the participants no matter the accounts.

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

Site || Blog || Bounty
sonulrk
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September 26, 2017, 05:53:53 PM
 #7608

Hello MinexCoin Community!

We have great new in our latest MinexCoin MIP report.

We actually got rid of all reasons for not to be accepted by exchanges.

https://blog.minecoin.org/minexcoin-mip-report-d8be8dff4cd6



Welldone!!! I hope the speed with which you are going will soon give us a respected exchange for this coin. To @zachm I want to add that team was working on some critical bugs which are necessary to eliminate before launch on exchange as I read from their blog. If the team fast themselves with optimum communication, there would be no fud at all.

Are you serious, 4 month in Delays just to list this coin in exchange (this is not rocket science my friend), please tell me I am wrong because all what we see since this project was launched is bugs illusions, false promises and more time wasted by this team.
MNX is not another useless coin just for trading. it is whole bank system. and if team need more time to adjust that system we must give that time to them. If you not happy with that i can buy your coins for 50k satoshi each

Yeah of course you talk like that because you did not put your money in this project and I hope that you didn't because this project is over, and you will see that the team will ask for more time like every time and you will never see this coin in exchange like Bittrex (Ever!)  Undecided

If the team would not get the coin enlisted in Bittrex till October I will certainly agree with you. I will not recommend any 3rd class exchange for listing this coin like c-cex. For investing, I think if a person give his time and reputation to support a project, it is equivalent to money because time = money = reputation. However, it can be debated how much money you have invested and how much time a person invested with respect to you. May be you have invested more money with respect to any other that's why you are more pissed.
MineCoin.org (OP)
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September 26, 2017, 06:18:36 PM
 #7609

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

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Lisk_beginner
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September 26, 2017, 06:30:11 PM
 #7610

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2


Thanks.

You apply but they could refuse to list minexcoin no? Or it s sure that we will see minex on this éxchange?

Thanks and good job
MineCoin.org (OP)
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September 26, 2017, 06:36:42 PM
 #7611

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2


Thanks.

You apply but they could refuse to list minexcoin no? Or it s sure that we will see minex on this éxchange?

Thanks and good job

Hello Lisk_beginner,

Yes, in theory they can do that and refuse to list us. But we do not see any reason for them to do it. Do you? Smiley

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

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maronk
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September 26, 2017, 06:39:15 PM
 #7612

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2


Seem like good news, look they've given the list of exchanges where for the first time coin MNX will be traded.
The first stage:

Livecoin (https://livecoin.net)
Cryptopia (https://cryptopia.co.nz)
Novaexchange (https://novaexchange.com)
Coinexchange (https://coinexchange.io)
No why  Wink  everything will run gradually
but still looking forward to bigger markets like Bittrex Wink Wink

Good luck Dev
TeMHuK
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September 26, 2017, 06:43:46 PM
Last edit: September 26, 2017, 07:02:11 PM by TeMHuK
 #7613

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2


Seem like good news, look they've given the list of exchanges where for the first time coin MNX will be traded.
The first stage:

Livecoin (https://livecoin.net)
Cryptopia (https://cryptopia.co.nz)
Novaexchange (https://novaexchange.com)
Coinexchange (https://coinexchange.io)
No why  Wink  everything will run gradually
but still looking forward to bigger markets like Bittrex Wink Wink

Good luck Dev
Bittrex will be added soon(?) but i have info about planing to list MNX on Asia markets as well. But it is no information about dates. Minex allready registred in Hong Kong
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September 26, 2017, 06:45:04 PM
 #7614

Seem like good news, look they've given the list of exchanges where for the first time coin MNX will be traded.
The first stage:

Livecoin (https://livecoin.net)
Cryptopia (https://cryptopia.co.nz)
Novaexchange (https://novaexchange.com)
Coinexchange (https://coinexchange.io)
No why  Wink  everything will run gradually
but still looking forward to bigger markets like Bittrex Wink Wink

Good luck Dev

Hello maronk,

Thank you! It is good news.

As for markets like Bittrex, as stated in the post, "we are working on applying to US exchanges such as Bittrex and HitBTC. These platforms require specific legal approach so applying will take a while."

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

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Lisk_beginner
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September 26, 2017, 07:19:04 PM
 #7615

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2


Thanks.

You apply but they could refuse to list minexcoin no? Or it s sure that we will see minex on this éxchange?

Thanks and good job

Hello Lisk_beginner,

Yes, in theory they can do that and refuse to list us. But we do not see any reason for them to do it. Do you? Smiley

Thanks.

We have known several délays but you answer everyday.
Thanks

That s à good news for the listing. To be honest, when I See the number of tokens and your roadmap, i will HODL
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September 26, 2017, 07:26:35 PM
 #7616

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2


Thanks.

You apply but they could refuse to list minexcoin no? Or it s sure that we will see minex on this éxchange?

Thanks and good job

Hello Lisk_beginner,

Yes, in theory they can do that and refuse to list us. But we do not see any reason for them to do it. Do you? Smiley

Thanks.

We have known several délays but you answer everyday.
Thanks

That s à good news for the listing. To be honest, when I See the number of tokens and your roadmap, i will HODL
you can find more info like roadmap in MNX whitepaper https://minexcoin.com/html/download/wpeng.pdf

plus MNX is not a token, but a coin with own blockchain. And you don't need to hold this coin, you can park coins by using MNX bank system and incrase amount of your coins.
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September 26, 2017, 09:44:26 PM
 #7617

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2

I'm sorry if i have to ask this, when Minexcoin is already at exchange no matter how small the volume, do Minexbank react to it? How can we know if Minexbank algo is reacting to the market change for example, livecoin? Thanks! Because i believe that is not yet tested. Only the parking was tested.
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September 26, 2017, 10:06:13 PM
 #7618

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2

I'm sorry if i have to ask this, when Minexcoin is already at exchange no matter how small the volume, do Minexbank react to it? How can we know if Minexbank algo is reacting to the market change for example, livecoin? Thanks! Because i believe that is not yet tested. Only the parking was tested.
Hi. don't say sorry for questions it is normal. Minex bank is ready to change parking % if price will go up ar down from ICO price more than for 2% It is a little bit hard for me to found MNX team answer for that question where was all % changes in one list. About price change for example on Livecoin. MNX have fast network and price at all markets will be plus minus the same. I don't know system how Bank scan price on all exanges, but i know about trading bots. Bots can do that, so I think our bank can do that by the same system.
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September 26, 2017, 11:29:37 PM
 #7619

Hello MinexCoin Community!

We began application process for listing to exchanges today!

See details at https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2

I'm sorry if i have to ask this, when Minexcoin is already at exchange no matter how small the volume, do Minexbank react to it? How can we know if Minexbank algo is reacting to the market change for example, livecoin? Thanks! Because i believe that is not yet tested. Only the parking was tested.
Hi. don't say sorry for questions it is normal. Minex bank is ready to change parking % if price will go up ar down from ICO price more than for 2% It is a little bit hard for me to found MNX team answer for that question where was all % changes in one list. About price change for example on Livecoin. MNX have fast network and price at all markets will be plus minus the same. I don't know system how Bank scan price on all exanges, but i know about trading bots. Bots can do that, so I think our bank can do that by the same system.
The Worst Possible to Happen

The higher parking percentage will result to a more coins generated for dumping. Let's say the MNX fell from 0.002 to 0.0019, It is 5% already right. Since the Minexbank algorithm is design to control the coin volatility, Interventions is applied. Wherein Intervensions state that Minexbank will buy or sell Minexcoin. And getting below the price will result to Minexbank buying back MNX and setting the parking percentage higher. Remember that there are total of 237,000 MNX from bounty + 35,000 from Miners + the percentage of people who participated the ICO who are totally angry right now due to delay. Calculate all of that to 0.0019, this will take away 516.8 BTC from Minexcoin. This is the worst possible to happen.

The Bright Side of the Worst

When Minexbank Starts to boughtback MNX, it expand reserves and it increases the parking percentage reward. Making the coin holders to not feel the impact of the Dump . Expansion of Minexbank reserves means a fewer circulation of MNX. Making the coin as stable as possible. As the supply of MNX became thinner, when the demand is building up, the price of the MNX slowly grows.

Who is the winner?(DUMPER VS HOLDER)

Holder
- The longterm hold is the winner. Why? When the dumping happens, Minexbank will increase it's reward. It is the balancing instrument to keep your coin value at a steady 0.002.
Dumper
- You throw away the opportunity of the longterm hold. Longterm hold will not affect your coin value in any way. Even if there's a dump. And you just help the people who wish to stay with Minexcoin in the long run. You also help lessen the amount of  circulating MNX in the market.  

Remember :

If you believe in the project, it is better for you to hold it longer. Remember if the price is going down, Minexbank will carry most of the damage and not you, the holder.


I'm quoting Interventions and stabilization percentage.

Quote
The main purpose of MinexBank is to stabilize the exchange rate within the
range of no more than 5% of the previous day’s closure price.

Quote
Interventions
Intervention means that MinexBank buys or sells MinexCoin to keep the
exchange rate within the predetermined range.
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September 27, 2017, 12:03:45 AM
Last edit: September 27, 2017, 12:16:12 AM by TeMHuK
 #7620

thank you for so rich text. but Minex bank will not do Interventions for buying or selling coins to keep price on same level. May be there is that mehanism, but it is not for daily use.  parking % will be adjusted like: as price go lower, so the % going higer, and same to oposite way. But price will go up from ICO for 33% yearly. That mean if ICO price now is 0.0023 and parking % is 0.08% per day in one year price must be 0.003059 to keep same 0.08% per day. May be it looks not so much but do not forgot about BTC price rising. Example you invested today 1 BTC(4000$) to mnx for ICO price and You did profitable parking at the moment for one year(70%). So you parked 434.78 MNX, ater one year you will get 739.13MNX on your balance and each coin will be worth 0.003059BTC and it is 2.261BTC(9044$) at todays price. But nobody can know BTC price afer one year.
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