myminex
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December 08, 2017, 11:28:20 AM |
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Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.
You can find out here! www.minexbank.com
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toucan
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December 08, 2017, 11:28:37 AM |
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Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.
OK asshole, I have parked for daily rate for 3 days and it is 0.89% interest for 1 day
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Rennsemmal
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December 08, 2017, 11:29:34 AM |
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Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.
Minexcoin Info: Hashrate: 47.31 MSol/s Difficulty: 2.4116355619992
MinexBank Rates: Daily: 0.89% Weekly: 4.5% Monthly: 13.9% Yearly: 70%
Price of MNX: $18.76
proof enough ?? You wrote that you had minexcoins but sold them. So you have a MNX adress and can look up the rates in the bank yourself. Dont be so lazy and let others do your work. If you want something, you need to work for it
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nowaltcoin
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December 08, 2017, 11:35:54 AM |
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Can you stop avoiding the question? I want proof that it's 0.89% daily and not 0.89% p.a./365. There is no reason for it to be otherwise. Why would daily parking rates be more lucrative than yearly parking rates? You have it backwards. The interest payouts at that kind of rate would mean that the maximum supply of coins was quickly reached and there would be no more capacity for interest to be earned, ever. When you are quoting interest rates generally, 0.89% daily would be taken as 0.89% p.a./365.
I've read all your statements before, but with the last two statements you have shown, that you are just a clueless person.... A lot of just wind and phrase about different point of views and so on.....just do your basics! 1. read white paper and thats important understand! 2. https://www.thestreet.com/story/10375486/1/how-do-central-banks-work.html and understand 3. take some hours to just recapitulate the essential points 4 ask your questions and than we will know what a kind of person you are juast an imposter or on the way to an expert
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8 * Blackarrow Prospero at Low-Voltage mining @ ckpool.org 12 * GPU's mining ETN/Sumocoin You like to mine something different: https://deutsche-emark.de/
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jenlex13
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December 08, 2017, 11:36:11 AM |
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Thank you. A screenshot will be helpful. I am happy to be proven wrong, I just want solid proof. No, just showing me something that says '0.89% daily' is not enough, for the reasons I already stated (this would normally be construed as 0.89% p.a./365).
this is like the weekly parking which gives you the interest every week.. as you can see in my SS i was paid every week for a month.
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TeMHuK
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December 08, 2017, 11:38:06 AM |
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Thank you. A screenshot will be helpful. I am happy to be proven wrong, I just want solid proof. No, just showing me something that says '0.89% daily' is not enough, for the reasons I already stated.
I'm really suprised how much someone can be khe...''not smart'' do you know how to scroll web page down? I can explain to you how to use mouse if you want. But now try to do it by yourself. go to thes official web page and scroll page down https://minexbank.com and open your eyes
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jenlex13
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December 08, 2017, 11:42:39 AM |
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No one is addressing the key point here, and the reason I am questioning the interest rate. At 0.89% per day every day , the coin is completely unsustainable in terms of paying out interest. It is only feasible if it is 0.89 p.a./365.
Okay.. I will prove it to you.. daily - weekly - monthly and yearly are different rates.. if you park for daily you will gained interest every 24 hours and for weekly every 7 days and so on. I just can't post my ss here cause I only tried daily rates yesterday because i parked weekly always.. this is my weekly parkings. as you can see every week i get paid..
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BlackMambaPH
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December 08, 2017, 11:42:41 AM |
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Its already more than a ago month that minexcoin listed to an exchange which is Livecoin.net. I just want to ask if is there any progression about listing in other exchange or especially adding minexcoin to Poloniex.
Well having adding this in Poloniex will help to increase the average price of Minexcoin.
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AXIE INFINITY IS THE BEST!
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TeMHuK
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December 08, 2017, 11:44:38 AM |
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No one is addressing the key point here, and the reason I am questioning the interest rate. At 0.89% per day every day , the coin is completely unsustainable in terms of paying out interest. It is only feasible if it is 0.89 p.a./365.
Today it is 0.89% per day. Tomorrow for example 0,57% two weeks later 0.79% That percent can be changed. Mate my suggestion to you, do not trade crypto. If you can't read simple paper where is wrote everything, you will lose all your money in zero. Better buy a car for your money and take a holyday.
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deimo
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December 08, 2017, 11:47:03 AM |
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No one is addressing the key point here, and the reason I am questioning the interest rate. At 0.89% per day every day , the coin is completely unsustainable in terms of paying out interest. It is only feasible if it is 0.89 p.a./365.
Today it is 0.89% per day. Tomorrow for example 0,57% two weeks later 0.79% That percent can be changed. Mate my suggestion to you, do not trade crypto. If you can't read simple paper where is wrote everything, you will lose all your money in zero. Better buy a car for your money and take a holyday. you made my day
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jenlex13
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December 08, 2017, 11:50:46 AM |
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This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.
so you just need to know if the daily rate is really 0.89%? for example i have 200MNX after 24 hours it will be 201.78? and you are not believing that it is really that way?
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fabcl
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December 08, 2017, 11:51:12 AM |
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This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.
I guess you also want a screenshot to proof that 1 + 1 = 2? You're getting ridiculous.
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Rennsemmal
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December 08, 2017, 11:54:15 AM |
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This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.
I guess you also want a screenshot to proof that 1 + 1 = 2? You're getting ridiculous. Rofl
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myminex
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December 08, 2017, 11:54:56 AM |
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This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.
How many MNX have you bought from the dumping? you continue to troll here?
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nowaltcoin
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December 08, 2017, 11:57:16 AM |
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I guess you also want a screenshot to proof that 1 + 1 = 2? You're getting ridiculous. Thats it because he can not calculate it on its own
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8 * Blackarrow Prospero at Low-Voltage mining @ ckpool.org 12 * GPU's mining ETN/Sumocoin You like to mine something different: https://deutsche-emark.de/
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Kirilgeorgiev
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December 08, 2017, 12:02:58 PM |
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Thank you. A screenshot will be helpful. I am happy to be proven wrong, I just want solid proof. No, just showing me something that says '0.89% daily' is not enough, for the reasons I already stated (this would normally be construed as 0.89% p.a./365).
Yes it is 0.89% per day, I personally try it but keep in mind that it will most probably change very soon
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jenlex13
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December 08, 2017, 12:03:59 PM |
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Do you really think I care what you all think of me? If none of you can see the point I am making, then I give up. It is worse for Minexcoin if what you are saying is true, and they genuinely are paying 0.89% daily. If this is the case, it doesn't matter if the daily rate is 0.89%, 0.75%, 0.5% or 0.1% - the maximum supply of MNX will quickly be reached and no more interest will be paid out, ever. This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.
so you just need to know if the daily rate is really 0.89%? for example i have 200MNX after 24 hours it will be 201.78? and you are not believing that it is really that way? That is correct, jenlex13. then why are you still here? we can't win because if i said that it is really 0.89% daily ( which is true ) you will say that "the maximum supply of MNX will quickly be reached and no more interest will be paid out, ever. " and if it is like what youre saying then you will say that a per anum interest is very long.
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fabcl
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December 08, 2017, 12:06:00 PM |
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Do you really think I care what you all think of me? If none of you can see the point I am making, then I give up. It is worse for Minexcoin if what you are saying is true, and they genuinely are paying 0.89% daily. If this is the case, it doesn't matter if the daily rate is 0.89%, 0.75%, 0.5% or 0.1% - the maximum supply of MNX will quickly be reached and no more interest will be paid out, ever.
Such rates are sustainable for short periods. That's why daily/weekly/monthly/yearly rates need to be carefully watched regularly along with other parameters. But you don't seem to care anyway.
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Anon11073
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December 08, 2017, 12:10:38 PM |
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Do you really think I care what you all think of me? If none of you can see the point I am making, then I give up. It is worse for Minexcoin if what you are saying is true, and they genuinely are paying 0.89% daily. If this is the case, it doesn't matter if the daily rate is 0.89%, 0.75%, 0.5% or 0.1% - the maximum supply of MNX will quickly be reached and no more interest will be paid out, ever. This still doesn't show enough information. I would need to see your return from a day (or a week) of parking to make sure that the rate is in fact 0.89% daily and not 0.89%p.a./365, and also see your initial investment.
so you just need to know if the daily rate is really 0.89%? for example i have 200MNX after 24 hours it will be 201.78? and you are not believing that it is really that way? That is correct, jenlex13. It seems that you have not read the white paper after all. MinexBank reduces supply with increasing price. Please refer to pages 9 to 11 of the white paper. Perhaps everything you want to know is written.
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I'm a former moderator of Bitcointalk Japanere borad. Decred is a true community governance cryptocurrency.
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jenlex13
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December 08, 2017, 12:16:55 PM |
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someone is stocking some MNX.
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