Minexcoin - A new era of payments

[smiletyson]

dump time is near fake pump can not resistance fast dump to -$15

oh here's the beggar.
you wait for $15? good luck.
minexcoin is going up to $50. moon is achieved, they aim for mars now.

[TeMHuK]

dump time is near fake pump can not resistance fast dump to -$15

oh here's the beggar.
you wait for $15? good luck.
minexcoin is going up to $50. moon is achieved, they aim for mars now.

MNX  have mining algoritm named MARS

[JimmyGTO]

dump time is near fake pump can not resistance fast dump to -$15

oh here's the beggar.
you wait for $15? good luck.
minexcoin is going up to $50. moon is achieved, they aim for mars now.

MNX  have mining algoritm named MARS

Well spotted

[Miner2525]

The Minexbank funds won't last forever and I am wondering what the current amount is? Any way to check that?

You could look at the top 10 or so balances on the rich list.  The miners generate about 261 MNX to the reserves every 24 hours.

But, yes, it is a concern.  In the real world, [central] banks can and sometimes do run out of reserves when taking positions against the market/economic fundamentals.  So far there's no evidence the algorithm is active and selling MNX to get the price back down to $28.  But it will be necessary for the price to yo-yo, otherwise the algorithm will never get a chance to buy back any MNX to replenish its reserves.  It is a delicate balancing act.

It's best this all gets sorted before listing on any major exchanges.

[rube08]

The Minexbank funds won't last forever and I am wondering what the current amount is? Any way to check that?

You could look at the top 10 or so balances on the rich list.  The miners generate about 261 MNX to the reserves every 24 hours.

But, yes, it is a concern.  In the real world, [central] banks can and sometimes do run out of reserves when taking positions against the market/economic fundamentals.  So far there's no evidence the algorithm is active and selling MNX to get the price back down to $28.  But it will be necessary for the price to yo-yo, otherwise the algorithm will never get a chance to buy back any MNX to replenish its reserves.  It is a delicate balancing act.

It's best this all gets sorted before listing on any major exchanges.

It will take time to run out of reserves as of right now.  Yes they do get 261 MNX per day but after block 500,000, then add 300 mnx per day and everytime the it reaches a certain block number, the minexbank will take a bigger cut from the miners.  I believe it will be a while before they run out of reserves.

[MDSS]

Please help me GTX 1060 6gb hashrate not stable
Someone would give a .bat file?

[Racquemis1]

The Minexbank funds won't last forever and I am wondering what the current amount is? Any way to check that?

This has been talked about earlier here. The minexbank reserve address is currently untouched and hold around 1.528 million coins atm. Currently the interest is paid from another addrress. So there is no concern running out for the time being.
These high interest rates are temporary, five percent won't last with current increase in prices. Therefore the strain on the wallets which pay the interest will be lower so they can be replenished from the minexbank fee from mining.

[Miner2525]

It will take time to run out of reserves as of right now.  Yes they do get 261 MNX per day but after block 500,000, then add 300 mnx per day and everytime the it reaches a certain block number, the minexbank will take a bigger cut from the miners.  I believe it will be a while before they run out of reserves.

Not sure what you're referring to about block 500K.  It'll be about 4.75 years since mining started before the Minexbank tax increases to 30% at block 900K.  The algorithm needs to factor all this in as well.

[idahosk]

I have no words here, $47/coin. What to say here more. 

[dihari]

I have no words here, $47/coin. What to say here more. 

I woke up with this price, and you know what? I feel like a superman! Mnx going crazy. This price tell us a conclusion, all price of mnx is worth to buy. If you can buy it now, just buy it, don't wait for price drop because it will never happen.

[dllhg]

I have bought at $10, $16,and even $27.  Luckily most was at $10 .    I am about ready to buy more at ATH...... with a 20% return  every 4 weeks its hard to go wrong here.  Most likely coin will keep rising.  $50 could easily happen by end of this month.  It went from $1 to $35 in its first month on the market.  It is only on Livecoin too.....

I see this coin breaking $100 some time in Jan. $200-$300 is VERY doable for 2018......

I wrote that a day ago lol...... Should have said $50 by end of weekend      WOW    Look at MNX fly !!   Glad I bought another BTC worth a few days ago.  Was planning on doing another one last night.... dang.....  As it is I am set to get about 400 MNX per month for parking    .    Thats more than a passive income i'd say....

For those still waiting just buy atleast some now and slowly add to it.  Dollar cost average your buys when something is high like this.  Atleast you wont miss out.  By on dips.  I have learned this the hard way far too many times.  The parking alone gives you a 20% buffer in one month.  

I could see this hitting $100 this month honestly. It is up 4500% in exactly one month today !  I'll say it now,  it could hit well over $100 this month the way its going and as more people find out about it. 5%  weekly return is incredible!

[dllhg]

$49.66     

[joocru]

I have bought at $10, $16,and even $27.  Luckily most was at $10 .    I am about ready to buy more at ATH...... with a 20% return  every 4 weeks its hard to go wrong here.  Most likely coin will keep rising.  $50 could easily happen by end of this month.  It went from $1 to $35 in its first month on the market.  It is only on Livecoin too.....

I see this coin breaking $100 some time in Jan. $200-$300 is VERY doable for 2018......

I wrote that a day ago lol...... Should have said $50 by end of weekend      WOW    Look at MNX fly !!   Glad I bought another BTC worth a few days ago.  Was planning on doing another one last night.... dang.....  As it is I am set to get about 400 MNX per month for parking    .    Thats more than a passive income i'd say....

For those still waiting just buy atleast some now and slowly add to it.  Dollar cost average your buys when something is high like this.  Atleast you wont miss out.  By on dips.  I have learned this the hard way far too many times.  The parking alone gives you a 20% buffer in one month.  

I could see this hitting $100 this month honestly. It is up 4500% in exactly one month today !  I'll say it now,  it could hit well over $100 this month the way its going and as more people find out about it. 5%  weekly return is incredible!

Rate is %4.85 atm not 5.1 anymore

[troleybüs]

Is there a problem in Livecoin deposits? That may cause the price rise, people can't deposit their MNX. Anyone wait their coins in pending for more than 3 hours?

[JimmyGTO]

I have bought at $10, $16,and even $27.  Luckily most was at $10 .    I am about ready to buy more at ATH...... with a 20% return  every 4 weeks its hard to go wrong here.  Most likely coin will keep rising.  $50 could easily happen by end of this month.  It went from $1 to $35 in its first month on the market.  It is only on Livecoin too.....

I see this coin breaking $100 some time in Jan. $200-$300 is VERY doable for 2018......

I wrote that a day ago lol...... Should have said $50 by end of weekend      WOW    Look at MNX fly !!   Glad I bought another BTC worth a few days ago.  Was planning on doing another one last night.... dang.....  As it is I am set to get about 400 MNX per month for parking    .    Thats more than a passive income i'd say....

For those still waiting just buy atleast some now and slowly add to it.  Dollar cost average your buys when something is high like this.  Atleast you wont miss out.  By on dips.  I have learned this the hard way far too many times.  The parking alone gives you a 20% buffer in one month.  

I could see this hitting $100 this month honestly. It is up 4500% in exactly one month today !  I'll say it now,  it could hit well over $100 this month the way its going and as more people find out about it. 5%  weekly return is incredible!

Rate is %4.85 atm not 5.1 anymore

Fantastic thats all I can say.

[TeMHuK]

So, bank did small percent drop and stoped this super fast growth. now it is 4.85% weekly. System working like it should. Good job team

[Anon11073]

MNX will reach 100 USD+ and reach the moon.
I think that I will head to Mars later. At least 300 USD+

[troleybüs]

Anybody know how many confirmations did Livecoin need to deposit MNX? My deposit is still waiting in pending since 3 hours and got 70+ confirmations already. I remember it was faster last week.

[lahje]

omg this is unreal.... hype hype, i just bought high-end dj-equipment i've been drooling at for several years... 1 week of parking MNX got me that for "free" thanks what a great christmas present.

[lahje]

Anybody know how many confirmations did Livecoin need to deposit MNX? My deposit is still waiting in pending since 3 hours and got 70+ confirmations already. I remember it was faster last week.

usually 28-30. i got my mnx after 31 confirmations this time.