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Author Topic: Minexcoin - A new era of payments  (Read 646578 times)
MineCoin.org (OP)
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September 27, 2017, 03:44:21 PM
Last edit: September 27, 2017, 03:56:26 PM by MineCoin.org
 #7661

can it predicted in how many days minex will enter in exchange

Hello!

We can not predict how many days it will take because different exchanges have different rules. So we'll keep you informed about all news relating to this theme.

Surely, you will be able to see a post about listing of MNX on our official channel:

https://blog.minecoin.org/

  

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revenant2017
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September 27, 2017, 04:57:14 PM
Last edit: September 27, 2017, 05:41:36 PM by revenant2017
 #7662

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.
You missing the point here. I am quoting the Market Interventions because it is the Core of Minexbank algorithm.Contains the Adjustment of Parking rate and also Buying and Selling of MNX at exchanges. The hybrid governance are also mentioned in the whitepaper. Minexbank is programmed to do that. Hybrid Governance are applied when the coin hits exchanges so that they can make adjustment with the system.

This has not been tested yet. I'm not talking about the future price. I just give my insight when MNX hit the exchange.

Exchanges have API's. This can be used for Minexbank to initiate the control over volatility. 1 by 1 we will see the result. Resources are also needed to control the volatilit like the mentioned from above(BTC-USD-MNX). This 3 major resources are needed to control the coin volatility but we will only be able to see it maybe a year or so. The primary basis now should be BTC.

We participated in the ICO due to the advertised stability control of the coin value. I will monitor and look closely with the market once it hits exchanges.

 
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September 27, 2017, 05:39:58 PM
 #7663

Nice News Minexcoin Smiley Iam Alway Follow Your Progres And Believe You Thanks
Hello!

Thank you for your support!

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TeMHuK
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September 27, 2017, 05:42:54 PM
 #7664

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.
You missing the point here. I am quoting the Market Interventions because it is the Core of Minexbank algorithm.Contains the Adjustment of Parking rate and also Buying and Selling of MNX at exchanges. The hybrid governance are also mentioned in the whitepaper. Minexbank is programmed to do that. Hybrid Governance are applied when the coin hits exchanges so that they can make adjustment with the system.

This has not been tested yet. I'm not talking about the future price. I just give my insight when MNX hit the exchange.

Exchanges have API's. This can be used for Minexbank to initiate the control over volatility. 1 by 1 we will see the result. Resources are also needed to control the volatilit like the mentioned from above(BTC-USD-MNX). This 3 major resources are needed to control the coin volatility but we will only be able to see it maybe a year or so. The primary basis now should be BTC.
Sorry, but until listing it is only in our minds. will see how that works if that system is in Minex bank.
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September 27, 2017, 05:44:13 PM
 #7665

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.
You missing the point here. I am quoting the Market Interventions because it is the Core of Minexbank algorithm.Contains the Adjustment of Parking rate and also Buying and Selling of MNX at exchanges. The hybrid governance are also mentioned in the whitepaper. Minexbank is programmed to do that. Hybrid Governance are applied when the coin hits exchanges so that they can make adjustment with the system.

This has not been tested yet. I'm not talking about the future price. I just give my insight when MNX hit the exchange.

Exchanges have API's. This can be used for Minexbank to initiate the control over volatility. 1 by 1 we will see the result. Resources are also needed to control the volatilit like the mentioned from above(BTC-USD-MNX). This 3 major resources are needed to control the coin volatility but we will only be able to see it maybe a year or so. The primary basis now should be BTC.
WP talk about a stable coin vs USD, MNX come as an answer to cryptocurrencies speculation & volatility issue, by utilize a center bank, MNX is a mixed concept of centralized control of blockchain currencies.
Now a day a few countries show intention trough a block-chain national currency e.g:

https://www.cnbc.com/2017/08/23/estonia-cryptocurrency-called-estcoin.html,
https://www.cryptocoinsnews.com/singapores-central-bank-tokenizes-dollar-via-ethereum-blockchain/


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misterbigg
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September 27, 2017, 08:01:00 PM
 #7666

every people asking when added exchangerr in bitcoin thread but minex team replying our miv report update
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September 27, 2017, 08:07:47 PM
 #7667

I think yobit.net it good for start , let try it
TeMHuK
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September 27, 2017, 08:10:38 PM
 #7668

I think yobit.net it good for start , let try it
Yobit is delisted from MNX listing plan. Yobit have very bad reputation.
Ris88
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September 27, 2017, 08:45:57 PM
 #7669

Still waiting for a big exchange at least Bittrex and Poloniex, even though a few days ago they already gave good news about 4 exchanges already prepared, by Minex team ...
bob75coin
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September 27, 2017, 09:48:13 PM
 #7670

I think yobit.net it good for start , let try it

It deserves a better exchange!
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September 27, 2017, 09:54:22 PM
 #7671

Still waiting for a big exchange at least Bittrex and Poloniex, even though a few days ago they already gave good news about 4 exchanges already prepared, by Minex team ...

Yes same here still waiting as promised if i am not wrong dev said there will be a new exchange announcement at the end of september
We still have a few days before we hear the good news and of course we hope there will be no more delays.

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September 27, 2017, 10:25:31 PM
 #7672

so 'when can we see the MNX listed on the exchange? I think there will be many people who will do the dump at the beginning of the bourse.
of course it is a chance, then i will buy from cheap price from dumper, and then i will apply parking system at minexbank Cool.let's do it
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September 28, 2017, 12:22:09 AM
 #7673

so 'when can we see the MNX listed on the exchange? I think there will be many people who will do the dump at the beginning of the bourse.
of course it is a chance, then i will buy from cheap price from dumper, and then i will apply parking system at minexbank Cool.let's do it


dump is normal in the start from bounty hunters coz they got it free (no money involved) even in some successful projects. The regrets are always in the end while the real price will take on effect a couple of days, weeks or even months. Dumpers are always losers and he who has the patience will become millionaires.  Cool
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September 28, 2017, 01:01:53 AM
 #7674

I think yobit.net it good for start , let try it
It would have been better liqui instead ...from bittrex to yobit ...my God


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September 28, 2017, 05:48:32 AM
 #7675

I think yobit.net it good for start , let try it
It would have been better liqui instead ...from bittrex to yobit ...my God
It seems like Liqui is not a stable exchange, their login is having some problems and therefor the markets are freezing, but the orders that are ceated still stand. This means you could do alot of arbitrage if you already have an open order on liqui and sell it on other exchanges where the coins are in the profit.
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September 28, 2017, 06:44:31 AM
 #7676

Yes same here still waiting as promised if i am not wrong dev said there will be a new exchange announcement at the end of september
We still have a few days before we hear the good news and of course we hope there will be no more delays.
every people asking when added exchangerr in bitcoin thread but minex team replying our miv report update
Hello!

We hope that consideration process won’t take long but different exchanges have different rules. Some of them need several days to process our request, so we’ll keep you informed about all news relating to this theme.
For more info: https://blog.minecoin.org/minexcoin-exchanges-5a19572ca7f2

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September 28, 2017, 06:48:22 AM
 #7677

hope it will not be yobit , this exchange is cursed.. .
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September 28, 2017, 06:54:08 AM
 #7678

so 'when can we see the MNX listed on the exchange? I think there will be many people who will do the dump at the beginning of the bourse.
of course it is a chance, then i will buy from cheap price from dumper, and then i will apply parking system at minexbank Cool.let's do it
Hello!

It's a great plan!
Thank you for your support and your interest to our coin!
We will keep you informed about all news relating to exchange.

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September 28, 2017, 07:02:55 AM
 #7679

the more delay for exchange listing the more we can get coins from minexbank.  Grin This feature is really great.  Cheesy Im waiting for the high percentage in parking like before.

Oh really? is that how it works?
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September 28, 2017, 07:34:43 AM
 #7680

the more delay for exchange listing the more we can get coins from minexbank.  Grin This feature is really great.  Cheesy Im waiting for the high percentage in parking like before.

Oh really? is that how it works?
Hello!

Parking means that coins are voluntarily withdrawn from the market by a user who temporarily suspends them in their wallet. The ‘parking’ user is eligible to receive interest.
Users be able to choose the type of parking depending on the time they undertake to store coins in their wallets without using them online.
There are three kinds of parking:
Day (24 hours)
Week (7 days)
Year (365 days)
For more info: (pg. 8 ) https://minexcoin.com/html/download/wpeng.pdf

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