Minexcoin - A new era of payments

[Moxymore]

There is a chance to see the Exchange and a web wallet integrated in minexbank? I don’t like the idea to have separate entity, i’d see minexbank more like waveswallet.io

Not sure this is great idea. Web wallets are focused by hackers in order to find security issues and steals coins. I actually prefer to have the actual system... because my MNX coins stills in my core wallet.

But nevertheless, if we can see soon a ledger support for MNX, this would be awesome... because hardware wallet is the more secure way to store your coins. And moreover, it's the trend. Doing so will give confidence into the coin.

[Moxymore]

Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

You have wrong. 1 500 000 of the premine of 5 500 000 MNX was reserved for the MNX Bank reserve. That's how they actually pay the interests.

[takeyourtime]

mnx best coin in the world 

[MineCoin.org]

Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

Is there a mining thread?

Hello, you can find answer to this question in our White Paper at https://minexcoin.com/html/download/wpeng.pdf.

[TeMHuK]

Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

Is there a mining thread?

1. Bank takes 20% of block reward to pay interests. Page 11 at https://minexcoin.com/html/download/wpeng.pdf

2. from all people less than 1% do yearly parking and amount payd by yearly interest is very low.

3. https://web.telegram.org/#/im?p=@mxpool

[jenlex13]

Can somebody explain please from where Minexcoin pays interest?

All coins sold on ICO to investors. Now they park their coins for 70% yearly return. How is this possible is there another funding?

You have wrong. 1 500 000 of the premine of 5 500 000 MNX was reserved for the MNX Bank reserve. That's how they actually pay the interests.

And minexbank has percentage on all the mined blocks.

[omorfi]

Vovvv its price  reached 55 USD ETH/MNX parity. Weekly parking rate dropped a little. But it is still very acceptable and profitable. Hope to see minexcoin in huge exchanges. Good luck devs

[r12x2]

Parking is very profitable, notably now

[Mefestofel_Mefis]

I heard that growth of this coin is connected with the fact that 98% of coins are in hands of developers, they still haven't confirmed collecting in the first round of ICO, I prefer to steer clear of such coins.

[TeMHuK]

I heard that growth of this coin is connected with the fact that 98% of coins are in hands of developers, they still haven't confirmed collecting in the first round of ICO, I prefer to steer clear of such coins.

No, it is not true. you can read about that in white paper(page 16). https://minexcoin.com/html/download/wpeng.pdf 

[Anon11073]

I heard that growth of this coin is connected with the fact that 98% of coins are in hands of developers, they still haven't confirmed collecting in the first round of ICO, I prefer to steer clear of such coins.

Please stop FUD. That is not the case.

[kalymist]

lol stay away then, and miss this great opportunity

Once money will be in One year parking contract, do you really think it's gonna dump ?


Think logic


They didn't draw this coin in a day like "so many" others.

[Anon11073]

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

well, there are magic words to say more -  buy and  park to have passive income for living on the steadily base.

Yes. 'Buy and Hold' is old.
Buy and Parking!

[fabcl]

Could someone who is better at math tell me, what would Weekly rate have to drop to, to make yearly 70% the better option?

1 month has 4 weeks.. so 4 x 12 = 48 then 70% divide by 48 = 1.45%

1.45% weekly is equivalent to 70% yearly

so if weekly rate is 1.40% ( 67.2% yearly if you park weekly) .. Then yearly parking will be the best option at 70%.

There are 52 weeks in a year and not 48 (divide 365/7...) and the correct formula to turn a yearly rate into a weekly rate is the following one :

((1 + yearly rate in percentage/100)^(1/52) - 1) * 100

70% annual is (approx.) 1,0256% weekly.

Remember, interests are cumulative. You get interests on previously earned interests, you just can't divide the yearly rate.

[JimmyGTO]

MinexCoin (MNX)
$51.64 USD (46.67%)

[KuromaYoichi]

What an increase in less than 1 month, i made the right decision to mine this while the difficulty is low and parked the mined coin with very good rates. Why i can't access both pool website, http://asia.minexpool.nl/ and eu one is down since 2 days ago and only supernova is alive, i want to check my stat workers stat.

[felixme]

What an increase in less than 1 month, i made the right decision to mine this while the difficulty is low and parked the mined coin with very good rates. Why i can't access both pool website, http://asia.minexpool.nl/ and eu one is down since 2 days ago and only supernova is alive, i want to check my stat workers stat.

The minexpool websites work fine for me. It might be an issue on your side...

[wwzsocki]

Have somebody problems today with deposit and withdrawals from Livecoin exchange wallets? I have seen maintenance warning for 2 hours and couldn't send or receive coins.

[felixme]

Have somebody problems today with deposit and withdrawals from Livecoin exchange wallets? I have seen maintenance warning for 2 hours and couldn't send or receive coins.

I just withdrew 0.84 MNX from Livecoin like 15 minutes ago, it went through fairly quickly... 

[andrei1982]

whAt this coin do ?