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rube08
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December 03, 2017, 06:59:27 PM |
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hey @newbies. i hope you just try to pump it more. or you will get burned soon. this price rise i not sustainable.
' Yes it will pump and drop but it is only on one exchange. The minex algorithm doesn't take affect until 3 months from now. Right now it is learning the market and adjusting accordingly. Just think when it is one multiple markets, it will rise slowly for sure. Try not to bring this project down because you sold your coins at a low price. |
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TeMHuK
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December 03, 2017, 07:01:15 PM |
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hey @newbies. i hope you just try to pump it more. or you will get burned soon. this price rise i not sustainable.
' Yes it will pump and drop but it is only on one exchange. The minex algorithm doesn't take affect until 3 months from now. Right now it is learning the market and adjusting accordingly. Just think when it is one multiple markets, it will rise slowly for sure. Try not to bring this project down because you sold your coins at a low price. It is really no sence to sell. it specially in panic sale. You will get your profit anyway. From parking. |
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cabron
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December 03, 2017, 07:07:34 PM |
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When you park your coins, will it be recurring or do it needs to be set up again when you receive your expected returns?
I was hoping to park it for month but if it needs to be set up every now and then when we received returns then I guess I would have to do it yearly as I might not have the time to keep up, I'm doing something else too.
By the way, will the funds/parking returns be received too when you back up your wallet before the parking was set up?
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muenze
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December 03, 2017, 07:08:36 PM |
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WOW! Huge congrats for everyone who got in early  Nice success  But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from??? After a few years all MINEX coins would be used up... |
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TeMHuK
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December 03, 2017, 07:13:18 PM |
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WOW! Huge congrats for everyone who got in early Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from??? After a few years all MINEX coins would be used up... From miners fees and from bank reserves |
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ruptan
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December 03, 2017, 07:15:04 PM |
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Good price at Coinmarketcap.com.I am sure it will go a long way due to its fact that it will be performing as a bank. If it really acts the way it is and based on the Whitepaper. I have no doubt it will go a lot higher than Bitcoin in due time. Good job DEVS. https://coinmarketcap.com/currencies/minexcoin/#markets$61.04 USD (51.34%) 0.00519970 BTC (41.11%) |
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muenze
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December 03, 2017, 07:16:20 PM |
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WOW! Huge congrats for everyone who got in early Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from??? After a few years all MINEX coins would be used up... From miners fees and from bank reserves Ok but with compound interest, lets say you have 1000 MINEX... After a year you get 800... Now you have 1800 and will already receive another 1440 the second year. In the third year you have 3240 Minex and will receive additional 2592... You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE..... And they cant pay the late investors a revenue anymore from the bank..... It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something? |
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MineCoin.org (OP)
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December 03, 2017, 07:16:32 PM |
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unbelievable, I have it from ICO, Looking forward to see when it will become stable.
what about exchange? is it under development?
Hello, yes, our exchange is under development. |
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Nirado
Member
 Offline
Activity: 121
Merit: 10
Tullievo
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December 03, 2017, 07:18:10 PM |
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Sold 300 MNX at 15$. Regrets  Bought some for 200$ now tho! |
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MineCoin.org (OP)
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December 03, 2017, 07:19:18 PM |
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WOW! Huge congrats for everyone who got in early Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from??? After a few years all MINEX coins would be used up... From miners fees and from bank reserves Ok but with compound interest, lets say you have 1000 MINEX... After a year you get 800... Now you have 1800 and will already receive another 1440 the second year. In the third year you have 3240 Minex and will receive additional 2592... You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE..... And they cant pay the late investors a revenue anymore from the bank..... It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something? Yes, you missed our white paper`s page 10 https://minexcoin.com/html/download/wpeng.pdf. |
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muenze
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December 03, 2017, 07:26:14 PM |
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WOW! Huge congrats for everyone who got in early Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from??? After a few years all MINEX coins would be used up... From miners fees and from bank reserves Ok but with compound interest, lets say you have 1000 MINEX... After a year you get 800... Now you have 1800 and will already receive another 1440 the second year. In the third year you have 3240 Minex and will receive additional 2592... You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE..... And they cant pay the late investors a revenue anymore from the bank..... It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something? Yes, you missed our white paper`s page 10 https://minexcoin.com/html/download/wpeng.pdf. Ok thanks for the info, so the revenue will decrease each year. Still seems a bit snowbally because unless you set the interest to extremely low values after some years you would run out of coins to pay revenue. |
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MineCoin.org (OP)
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December 03, 2017, 07:28:38 PM |
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WOW! Huge congrats for everyone who got in early Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from??? After a few years all MINEX coins would be used up... From miners fees and from bank reserves Ok but with compound interest, lets say you have 1000 MINEX... After a year you get 800... Now you have 1800 and will already receive another 1440 the second year. In the third year you have 3240 Minex and will receive additional 2592... You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE..... And they cant pay the late investors a revenue anymore from the bank..... It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something? Yes, you missed our white paper`s page 10 https://minexcoin.com/html/download/wpeng.pdf. Ok thanks for the info, so the revenue will decrease each year. Still seems a bit snowbally because unless you set the interest to extremely low values after some years you would run out of coins to pay revenue. We have that at page 11 |
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s4mp1nt0
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December 03, 2017, 07:29:11 PM |
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WOW! Huge congrats for everyone who got in early Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from??? After a few years all MINEX coins would be used up... From miners fees and from bank reserves Ok but with compound interest, lets say you have 1000 MINEX... After a year you get 800... Now you have 1800 and will already receive another 1440 the second year. In the third year you have 3240 Minex and will receive additional 2592... You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE..... And they cant pay the late investors a revenue anymore from the bank..... It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something? re-read the memorandum. the parking rate will reduces every year and even the minexbank reserve has been runs out the percentage that they take from miners will do the job it takes decades though. |
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vlom
Legendary
Offline
Activity: 1498
Merit: 1117
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December 03, 2017, 07:33:17 PM |
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Ok thanks for the info, so the revenue will decrease each year. Still seems a bit snowbally because unless you set the interest to extremely low values after some years you would run out of coins to pay revenue.
you are right. i am happy that somebody else is pointing this out. |
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muenze
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December 03, 2017, 07:36:14 PM |
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WOW! Huge congrats for everyone who got in early Nice success But I have one question, so if you park your MINEX, it will give you 80% gains a year... But where is this coming from??? After a few years all MINEX coins would be used up... From miners fees and from bank reserves Ok but with compound interest, lets say you have 1000 MINEX... After a year you get 800... Now you have 1800 and will already receive another 1440 the second year. In the third year you have 3240 Minex and will receive additional 2592... You see how fast you *10 your Minex coins? Its only a couple of years but then all Minex coins are GONE..... And they cant pay the late investors a revenue anymore from the bank..... It sounds like one of the biggest snowball/scam/pyramid schemes Ive seen in a while with coins unless I am missing something? re-read the memorandum. the parking rate will reduces every year and even the minexbank reserve has been runs out the percentage that they take from miners will do the job it takes decades though. If you are familiar with compound interest you know it would not take decades, unless they set the revenue to like 1% and below a year, which will offer few motivation for people to buy or hold the coin in the future. I am not saying its all bad, the team seems nice and everything works and is very professional from what i have seen. Its just that unless this projects somehow generates revenue thru other means, thru a real product, it would have to crash sooner or later. But the same could be said about Bitcoin when all coins are mined. |
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MineCoin.org (OP)
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December 03, 2017, 07:38:22 PM |
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Minexcoin Info:
Hashrate: 50.11 MSol/s Difficulty: 1.6015395894428
MinexBank Rates:
Daily: 0.29% Weekly: 4.51% Monthly: 8.7% Yearly: 70%
Price of MNX: $61.45
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dllhg
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December 03, 2017, 07:40:39 PM |
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Hope some of you got in o the flash crash to $47....... Right back to $65 in an hour For those saying it isn't sustainable what are you basing this assessment on this coin on ? LOTS of coins take off and go a lot higher percentage wise. BCC went from .17 in late Jan this year to over $300 now. Zero reason this coin cant reach well over $300 and soon. Could easily break $100 in the next week. We could even see $300 before 2018 at this rate. |
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offliner
Newbie
Offline
Activity: 44
Merit: 0
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December 03, 2017, 07:43:22 PM |
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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.
This project is amazing and con only get better and bigger. The advantage of being able to park your coins and earn revenue appeals to everyone, instead of selling and dumping it, and has showed interest by a huge amount of user number which keeps increasing everyday. we have decided to support this amazing project by opening a new mining pool, come check us out at https://savspool.com/We count on your support to make this project grow by decentralizing the mining process.Mine ten times faster with Optiminer for MNX. (you can get at https://github.com/Optiminer/OptiminerEquihash) Come mine with us earn your coins and then park them for higher returns. We believe that Minexcoin is a brilliant project and has a bright future.what are the fees ? low but how much ? our fees are just 0.1% lowest you can find anywhere |
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modsa
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December 03, 2017, 07:54:37 PM |
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honestly i haven't expected this price. I hope, You can keep that.
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▬▬■▬▬■▬▬■▬▬■▬▬■▬▬■▬▬■ SPARKSTER ■▬▬■▬▬■▬▬■▬▬■▬▬■▬▬■▬▬▪ ▪ ▪ ▪ ▪ Run ‘Smart Software’ at 10 Million TPS! Crowdsale Starting Soon ▪ ▪ ▪ ▪ ▪ Website | Telegram |
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Galabau24
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December 03, 2017, 08:04:59 PM |
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Hope some of you got in o the flash crash to $47....... Right back to $65 in an hour For those saying it isn't sustainable what are you basing this assessment on this coin on ? LOTS of coins take off and go a lot higher percentage wise. BCC went from .17 in late Jan this year to over $300 now. Zero reason this coin cant reach well over $300 and soon. Could easily break $100 in the next week. We could even see $300 before 2018 at this rate. yes, why not. Minex is much better than BCC ....BCC has a lot of more Max Supply Coins and Minex ICO was about over 6$..... Minex is a great Project and the Minex Team is mega  |
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