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MineCoin.org (OP)
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December 08, 2017, 09:07:06 AM |
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Great project. Hope to see it prosper. Although, I'd love to know more about how you incentivize people.
Hello, dspencer Thank you for your positive feedback. Please, specify your question. What do you mean? |
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easyrimka
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December 08, 2017, 09:08:08 AM |
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correction , hope this will lead to a more stable price
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TeMHuK
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December 08, 2017, 09:31:23 AM |
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correction , hope this will lead to a more stable price
MNX should be low volatility coin, but is is really hard to keep price untouched when BTC doing such things.  |
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onebtcforlife
Member
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Activity: 420
Merit: 10
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December 08, 2017, 09:46:06 AM |
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Your information is very valuable but with the recent increase in the price already many whales jumped into the Minex trading market. In cryptocurrency, anything can possible but for everything, we have to wait patiently. My actual target for Minex coin will reach to 500$ with the supply they have now. |
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easyrimka
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December 08, 2017, 09:51:19 AM |
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im confident to MNX, i trust them, but be realistic, it cant surpass Bitcoin... no coins can surpass BTC... |
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jenlex13
Full Member
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Activity: 168
Merit: 100
LoyalCoin-Redefining Customer Loyalty
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December 08, 2017, 09:54:20 AM |
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im confident to MNX, i trust them, but be realistic, it cant surpass Bitcoin... no coins can surpass BTC... maybe he/she meant the price of the bitcoin now Vs. the price of MNX in 28 Yrs. We don't know what will happen to BTC after 28 years it can be Worth more than $52,631.58 or less. |
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Pechalka
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December 08, 2017, 10:01:26 AM |
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almost all RED.   as I told many times, bitcoin went to the correction, but nobody invest in altcoins, everybody out in usd, usdt and etc |
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liliiaolivia2017
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December 08, 2017, 10:07:46 AM |
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I correctly understand that the parking of coins and intervention are the main financial instruments used by MinexBank?
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TeMHuK
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December 08, 2017, 10:13:33 AM |
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I correctly understand that the parking of coins and intervention are the main financial instruments used by MinexBank?
Yes you are rigth. But intervention is just for emergency situations. |
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MineCoin.org (OP)
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December 08, 2017, 10:17:02 AM |
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Hello, elegant_joylin Thank you for your interest in the project! |
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toucan
Member
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Activity: 148
Merit: 10
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December 08, 2017, 10:17:22 AM |
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haha MNX $29.01 all dumpers crying now
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toucan
Member
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Activity: 148
Merit: 10
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December 08, 2017, 10:21:23 AM |
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Buy and Park and Hold..don't worry pump and dump..keep getting interest
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JimmyGTO
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December 08, 2017, 10:21:36 AM |
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I don't think insulting my intelligence is helpful either. None of your strategies have proved beneficial thus far, and if people had taken my advice they would've saved themselves a lot of money.
You're such a dumbass, you are the one that is useless, MNX serves a purpose 'parking' but you are too dumb to capitalize from it because you now have no MNX to gain interest from. |
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MineCoin.org (OP)
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December 08, 2017, 10:23:32 AM |
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I correctly understand that the parking of coins and intervention are the main financial instruments used by MinexBank?
Hello! More info about the algorithm of Minexbank's operation here: https://minexbank.com/memorandum |
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myminex
Copper Member
Newbie
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Activity: 223
Merit: 0
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December 08, 2017, 10:25:21 AM |
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There is no dumping reason when people need it. Dumping kill yourself.
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givemesummer
Newbie
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Activity: 73
Merit: 0
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December 08, 2017, 10:29:16 AM |
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So Some of the new accounts seems to be working against minexcoin, may be they are paid to do it or they have some agenda, the only concern I have with minexcoin is where are they generating profit to pay the investors from parking.?
As said in the whitepaper, they generate it from mining. For now it's 20%. The chart looks like this: Blocks 1 - 900 001 = 20% Blocks 900 001 - 1 800 000 = 30% Blocks 1 800 001 - 2 700 000 = 40% Blocks 2 700 001 - 3 600 000 = 50% Blocks 3 600 001 - 4 500 000 = 60% Since block 4 500 001 = 70% Also there's 1.5 mil premined coins in the bank. |
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jenlex13
Full Member
Offline
Activity: 168
Merit: 100
LoyalCoin-Redefining Customer Loyalty
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December 08, 2017, 10:31:25 AM |
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I don't think insulting my intelligence is helpful either. None of your strategies have proved beneficial thus far, and if people had taken my advice they would've saved themselves a lot of money.
You're such a dumbass, you are the one that is useless, MNX serves a purpose 'parking' but you are too dumb to capitalize from it because you now have no MNX to gain interest from. He's ranting because of the "POTENTIAL" profit he will gained if he bought BTC instead of MNX, this is like blaming the universe for not giving you the power to see the future! (He is the exact definition of " CRYBABY TRADER ". But still MNX made him over $3000 richer.. and still wont leave MNX thread i am sure he wants most of the people here to dump their coins so he can buy cheap. |
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fabcl
Newbie
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Activity: 68
Merit: 0
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December 08, 2017, 10:34:51 AM |
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Everything is mathematically correct in this article but completely out of a plausible scenario. A daily rate of 0.89% can't stay for long : It is a yearly equivalent of 2438% (approx.) If only 100 000MNX out of 3 000 000 are parked (which wouldn't be a lot) at this rate for a year, the bank would have to pay 2 438 000 MNX in interests which is way beyond its capacity. (For the record, the bank gets around 240 MNX a day out of mining which makes 87 600MNX a year. This doesn't count the fee on transactions). I hope, for the sake of this project that the daily rate is going to go down by a lot soon enough. Stop dreaming about high rates and big money and go back to real calculations if you really want to earn money. |
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Kirilgeorgiev
Member
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Activity: 76
Merit: 10
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December 08, 2017, 10:40:37 AM |
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Everything is mathematically correct in this article but completely out of a plausible scenario. A daily rate of 0.89% can't stay for long : It is a yearly equivalent of 2438% (approx.) If only 100 000MNX out of 3 000 000 are parked (which wouldn't be a lot) at this rate for a year, the bank would have to pay 2 438 000 MNX in interests which is way beyond its capacity. (For the record, the bank gets around 240 MNX a day out of mining which makes 87 600MNX a year. This doesn't count the fee on transactions). I hope, for the sake of this project that the daily rate is going to go down by a lot soon enough. Stop dreaming about high rates and big money and go back to real calculations if you really want to earn money. Off coarse that the bank will change the interest rate as soon as the project gathers enough interest I guess only the yearly interest will be kept a little longer |
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