Minexcoin - A new era of payments

[kobe24]

i am still here because i think i have to tell other users what could happen. i want to help people that they don't get burned with this coin.
have you checked the trading volume? what do you think will happen if there is an other exchange? and what do you think will happen if the parking rate is lowered? and finally: what do you think will happen if anybody will buy the coins people want to sell after they parked?

You're here because you want to tell other investor to stay away from this? They know what they are doing dude the best explaination why you are still here because regret to sell your coins on a lower price right? And now you're crying

[cardoyasilad]

I can see a fudder here  If you already sold your coins then just get out of here no need to post here just to ruin minexcoin.

[FissioncoinXpres]

Oh, this kind of person got so jealous!

A person without mnx in his hands will always say negative  maybe for personal interest!

[uhro]

Hi there,

I have just joined the Minex community by investing something like 300$ in MNX. I have actually 2 questions :

(1) Because i'm not only an investor but a miner too, I wonder how much a rig of 3x GTX 1070 can mine per day actually? I'll be at 1200-1300 sols with my setup (optimised for the best sols/W, which is around 4.2/W).

(2) I have another question related to the PARK : why the weekly plan offers actually the best interest, even if you compared it to the monthly or annual plan... From my logic, the more time you park your coins, the more interest you should have in returns. But actually, it seems better to park for a week 4 times (20.4% without additional interests included) than to park for a month which will give you "only" 8.6%. Any reason for it?

Thank you in advance for your answers.

Cheers... and keep up the good work.

1. If you aren't mining with Optiminer on Linux, don't waste your time, the Linux miner is ~10x faster than the available Windows miner(judging by the sols your getting your on Windows).
2. The logic I put behind this is that you have to park 4 times to get the higher rate and only once to get the lower rate... easier = less.  Doesn't hold up though as the week rate is better than the day rate x7. I think the week rate is the best option as long as you can remember to re-park every week.

[cabron]

i am out. i sold all my ICO coins.

why?
1. because my fear of losing profit is smaller than my fear of losing money.

2. i have to admit that i think this could develop into a pyramid scheme.
if you park the coins you always need a buyer. without new buyers parking is worthless.

don't call me a fudder.
tell my what this coin solves apart from the parking.

you said you are out and sold all your token. then why you are still here?
just leave and don't say anything bad about the project. Let them take the risk

i am still here because i think i have to tell other users what could happen. i want to help people that they don't get burned with this coin.
have you checked the trading volume? what do you think will happen if there is an other exchange? and what do you think will happen if the parking rate is lowered? and finally: what do you think will happen if anybody will buy the coins people want to sell after they parked?

lol with your logic , what would happen if nobody wants to buy bitcoin after it is mined? I guess you are just a fudder. So before you sold, I noticed your posts asking people to buy more. Now after you said you sold and you start posting negatives comments. LOL You just want to make the price drop so that you can buy more and then you can post more positive post then sell after it is higher than your buy price. Rinse and repeat. I  understand your game.

yes i wrote that people should be. because i needed someone to buy me coins.
but i won't buy again.

and nobody answered my question:
tell my what this coin solves apart from the parking?

Well they have Minexbank - which acts like a central bank ( regulating the Minexcoin)
MinexExchange - is a decentralized online exchange enabling users to freely exchange share tokens, currencies and other digital assets created on MinexPlatform.
MinexMarket -  a platform for selling and buying any goods and services for MNX
Minexplatform -  was developed with emphasis on the investor needs. We may help online businesses and startups attract a broad spectrum of investors without major expenses and involvement of third parties.

With emphasis that Minexcoin is aiming to be a $1Trillion market cap in the future.

For more info, you can read the Minexcoin Whitepaper.
https://minexcoin.com/

@elegant_joylin:
thank you for answering me question.

@all the newly created accounts: let me tell you this and afterwards i won't disturb you.
post with your first accounts please.
and the ones with the biggest fear of missing profit will be the ones that got nothing after a bubble burst.
or don't you buy this coin to make profit?

I will ask you.. what is really your goal here? why are you talking shits about minexcoin? do you want us to make the same step you made and sell our coins so we can't lose money just like you said?
Wow you are a really good person  .. hahahah

 

What do you think why this project can turn into a pyramiding scheme?  There is no recruiting and affiliating in MNX unlike bitconnect.
But I was also wondering what made the price spike continuously that is surpasses the marketcap of the coins I though were very solid than MNX. Right now its on 73rd and price is $36 at such a short period of time.

[MineCoin.org]

Minexcoin Info:
Hashrate: 35.75 MSol/s Difficulty: 1.4362891207154

MinexBank Rates:
Daily: 0.29% Weekly: 5.1% Monthly: 8.6% Yearly: 70%

Price of MNX: $35.94

[uhro]

What do you think why this project can turn into a pyramiding scheme?  There is no recruiting and affiliating in MNX unlike bitconnect.
But I was also wondering what made the price spike continuously that is surpasses the marketcap of the coins I though were very solid than MNX. Right now its on 73rd and price is $36 at such a short period of time.

I agree, no real option to be a pyramid scheme... not sure the logic behind even thinking that applies here???

IMO, the price is a reflection that most people buying/mining MNX aren't selling it, they are parking it WITH the Minexbank, I put caps on the WITH because you don't actually put your coins in the bank, you use the bank to designate coins to put on hold for a day/week/month/year for a certain % return, but they stay in your wallet and you can cancel your parking anytime to free up your coins if you want to spend them (cancelling of course will void any interest you would have received).
If that's the case, the amount of MNX actually available for people to buy and park is greatly reduced.

With that logic in play, the price really can keep going up if the buyers and miners keep parking their coins instead of making them available for sale.

This really needs to get on another exchange though, one exchange is scary, what if that one exchange goes Mt. Gox, then what is the coin worth if there is nowhere to exchange it...

[Anon11073]

Minexcoin Info:
Hashrate: 35.75 MSol/s Difficulty: 1.4362891207154

MinexBank Rates:
Daily: 0.29% Weekly: 5.1% Monthly: 8.6% Yearly: 70%

Price of MNX: $35.94

MNX seems to grow reliably.
I think that Minexcoin will become the second Bitcoin.

[vlom]

then what is the coin worth if there is nowhere to exchange it...

yes, that is the winning question.....

[Kirilgeorgiev]

If livecoin closes it will be awesome, the parking rate will remain unchanged and at some MinexExchange will be released and there will be no more need for external exchange

[bandar]

At the moment given the price & parking rate, you can get your investent back in 3 weeks parking...  This is getting 'too good to be true'.  I will sell 1/4th and sell my weekly gains for eth so I never will be sorry.  The initial investment I already got back (multiple times, like all of us).  So let's see where this goes.  I assume it will go out with some sort of bang, but still hodling just to see. 

The red flags are enormous but they pull it off atm.

[TeMHuK]

If livecoin closes it will be awesome, the parking rate will remain unchanged and at some MinexExchange will be released and there will be no more need for external exchange

As more exchanges, as bigger is volume and price. It is good for all coins owners. And for miners as well.

[Kirilgeorgiev]

If livecoin closes it will be awesome, the parking rate will remain unchanged and at some MinexExchange will be released and there will be no more need for external exchange

As more exchanges, as bigger is volume and price. It is good for all coins owners. And for miners as well.

Except that parking rates will go down, but you are right especially about the miners who are responsible for the security of the network.

[uhro]

If livecoin closes it will be awesome, the parking rate will remain unchanged and at some MinexExchange will be released and there will be no more need for external exchange

As more exchanges, as bigger is volume and price. It is good for all coins owners. And for miners as well.

I agree, more exchanges will give wider distribution leading to more investors and in turn a higher price.
This coin has tremendous potential.

[Ivanofffff]

Need to buy now, it will not be cheaper, the rate won't go down, I waited for the depreciation, but it will not.

[fudster]

This coin is not slowing down, its unbelievable already. It already caught the attention of an old timer here, one day MNX will also be noticed by big exchanges like bittrex. The price I think kept rising is because only few are being sold in the market and everyone seem to be parking MNX.

[takeyourtime]

new target price for mnx?

[bribed]

This coin is not slowing down, its unbelievable already. It already caught the attention of an old timer here, one day MNX will also be noticed by big exchanges like bittrex. The price I think kept rising is because only few are being sold in the market and everyone seem to be parking MNX.

I think too that this is the main reason. But its totally understandable, why would you trade a coin that is rising in value constantly and that has even a guaranteed roi? I hold my MINEX, so glad to have bought. Still overlooked the project for too long, but Im happy to be here now.

[Fabriz]

new target price for mnx?

50$ for the end of the year

[uhro]

Need to buy now, it will not be cheaper, the rate won't go down, I waited for the depreciation, but it will not.

I completely agree.
If people are mining/buying it and parking it (like I am) the the available supply to be bought is going to be more valuable as more of it hits parking, it could take a huge hit one day if someone dumps a ton of it, but then the parking rates will go up and people will buy in more or new people will finally get a chance at a lower price for a short while.

I have no idea how they came up with that $20 figure for balancing the rates at the Minexbank because as the demand grows, the price will too.
It's the same thing happening with BTC right now, the world is finally buying into BTC, but there is only ~18million and there will only ever be 21million (not counting lost wallets) in circulation. So all these new people are trying to get a piece of something that has a finite circulating supply, the rate has to go up with the demand, simple economics.

The MinexBank rates would have get SIGNIFICANTLY worse for me to even consider moving the MNX I have and I'm sure many feel the same way.  
And in the case where the rates did drop that low, the value of a single coin would probably make it worth me moving at least some of them for the profit.  

Yes it's a self balancing system, but the price is going to be determined by how many people want to park MNX at a given rate.  Right now, I'm ecstatic with ~$35 each and a 70% per year rate, heck, even at half that I'm sure the interest in parking this coin would still be quite high.