r12x2
Newbie
 Offline
Activity: 68
Merit: 0
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December 22, 2017, 01:17:23 AM |
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$21 and Algorithm still not working? Or is that normal?
Working hours of this "algorithm" is 7am to 11pm GMT 0 |
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"You Asked For Change, We Gave You Coins" -- casascius
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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CryptoVester
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December 22, 2017, 04:56:48 AM |
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$21 and Algorithm still not working? Or is that normal?
Working hours of this "algorithm" is 7am to 11pm GMT 0 Where is the working hours of the algorithm written? |
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sonulrk
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December 22, 2017, 06:08:30 AM |
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$21 and Algorithm still not working? Or is that normal?
Working hours of this "algorithm" is 7am to 11pm GMT 0 Algorithm should work 24/7 through out. |
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bcmine
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December 22, 2017, 07:06:57 AM |
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$21 and Algorithm still not working? Or is that normal?
Working hours of this "algorithm" is 7am to 11pm GMT 0 Algorithm should work 24/7 through out. algo will work again if you buy some coins and push the price up. |
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MineCoin.org (OP)
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December 22, 2017, 07:38:38 AM |
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Minexcoin Info:
Hashrate: 55.03 MSol/s Difficulty: 1.9974093264249
MinexBank Rates:
Daily: 0.46% Weekly: 3.75% Monthly: 14.2% Yearly: 70%
Price of MNX: $19.68
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s4mp1nt0
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December 22, 2017, 07:47:51 AM |
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Minexcoin Info:
Hashrate: 55.03 MSol/s Difficulty: 1.9974093264249
MinexBank Rates:
Daily: 0.46% Weekly: 3.75% Monthly: 14.2% Yearly: 70%
Price of MNX: $19.68
price goes down but the rate doesn't change. hope the rate will rise soon as the btc and usd value deflated. |
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shiningstar
Full Member
Offline
Activity: 420
Merit: 100
Qravity is a decentralized content production
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December 22, 2017, 07:57:02 AM |
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The rate seems a bit low compared to the current price but u hope the weekly parking rate will increase again. The price suffer a lot because of the market crash and we need the parking rate to stabilize the price again.
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MineCoin.org (OP)
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December 22, 2017, 08:07:48 AM |
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$21 and Algorithm still not working? Or is that normal?
Hello! As we mentioned before first three months from November 1, 2017, will be the period of creation and development of the MNX exchange market. The market will be formed in stages due to different terms of trades launching on various exchanges. In addition, there will be a process of testing and debugging the algorithm of Minexbank's operation in real conditions (the development of a database and response tools). Therefore, deviations from the real macroeconomic parameters declared in the Memorandum are possible in first three months. Please, read more in MINEXBANK MEMORANDUM. |
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Pechalka
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December 22, 2017, 08:48:05 AM |
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never heard about moonstats , what is it? exchange or site like coinmarketcap.com? p.s. I checked, it's like coinmarketcap. why it is important? advertising? Spread Not that important. But it will help minexcoin spread Hello, thanks for the information. That I thought. But spread is one of the important step as well, nice to see that are you doing this |
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Rennsemmal
Newbie
Offline
Activity: 77
Merit: 0
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December 22, 2017, 10:43:31 AM |
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$21 and Algorithm still not working? Or is that normal?
Hello! As we mentioned before first three months from November 1, 2017, will be the period of creation and development of the MNX exchange market. The market will be formed in stages due to different terms of trades launching on various exchanges. In addition, there will be a process of testing and debugging the algorithm of Minexbank's operation in real conditions (the development of a database and response tools). Therefore, deviations from the real macroeconomic parameters declared in the Memorandum are possible in first three months. Please, read more in MINEXBANK MEMORANDUM. It is surprising that the algo only works when it comes to reducing the rates.  As you saw a few days ago. The increased rates disappeared within 2 or 3 hours. And now, the price falls to the bottom Since over 24 hours and the rates  EXACTLY -> NOTHINGIn my opinion the algo is programmed only in one direction -> to reduce the rates.   and works only against high volatiliy when mnx would increase. |
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renlarino
Member
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Activity: 75
Merit: 10
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December 22, 2017, 10:48:10 AM |
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hope to see more feature on this coins. I will hodl for long term.
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fabcl
Newbie
Offline
Activity: 68
Merit: 0
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December 22, 2017, 10:49:53 AM |
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$21 and Algorithm still not working? Or is that normal?
Hello! As we mentioned before first three months from November 1, 2017, will be the period of creation and development of the MNX exchange market. The market will be formed in stages due to different terms of trades launching on various exchanges. In addition, there will be a process of testing and debugging the algorithm of Minexbank's operation in real conditions (the development of a database and response tools). Therefore, deviations from the real macroeconomic parameters declared in the Memorandum are possible in first three months. Please, read more in MINEXBANK MEMORANDUM. It is surprising that the algo only works when it comes to reducing the rates. As you saw a few days ago. The increased rates disappeared within 2 or 3 hours. And now, the price falls to the bottom Since over 24 hours and the rates EXACTLY -> NOTHINGIn my opinion the algo is programmed only in one direction -> to reduce the rates. and works only against high volatiliy when mnx would increase. The actual rates are too high to be sustainable for a long time. So what do you expect anyway ? |
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Rennsemmal
Newbie
Offline
Activity: 77
Merit: 0
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December 22, 2017, 10:56:23 AM |
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$21 and Algorithm still not working? Or is that normal?
Hello! As we mentioned before first three months from November 1, 2017, will be the period of creation and development of the MNX exchange market. The market will be formed in stages due to different terms of trades launching on various exchanges. In addition, there will be a process of testing and debugging the algorithm of Minexbank's operation in real conditions (the development of a database and response tools). Therefore, deviations from the real macroeconomic parameters declared in the Memorandum are possible in first three months. Please, read more in MINEXBANK MEMORANDUM. It is surprising that the algo only works when it comes to reducing the rates. As you saw a few days ago. The increased rates disappeared within 2 or 3 hours. And now, the price falls to the bottom Since over 24 hours and the rates EXACTLY -> NOTHINGIn my opinion the algo is programmed only in one direction -> to reduce the rates. and works only against high volatiliy when mnx would increase. The actual rates are too high to be sustainable for a long time. So what do you expect anyway ? A puls from mnx/algo that something is done against falling straight to hell.  cause i think it wont Need more than a Puls. |
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MineCoin.org (OP)
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December 22, 2017, 11:13:58 AM |
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Hello, Can you please add "Unofficial" to the header, footer, etc. of the forum to make sure the users can see it and understand at any page of the forum? Thank you |
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MineCoin.org (OP)
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December 22, 2017, 11:31:30 AM |
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Dear Community,
MinexBank interest rates have been changed
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Anon11073
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December 22, 2017, 11:58:36 AM |
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Dear Community,
MinexBank interest rates have been changed A wonderful rate. Rates are normal every day. Daily < Weekly < Monthly > Yearly Minexcoin Team keeps on good work!  |
I'm a former moderator of Bitcointalk Japanere borad.
Decred is a true community governance cryptocurrency.
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MineCoin.org (OP)
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December 22, 2017, 12:14:17 PM |
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Dear Community,
MinexBank interest rates have been changed A wonderful rate. Rates are normal every day. Daily < Weekly < Monthly > Yearly Minexcoin Team keeps on good work! Thank you for your support!  |
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dzonikg28
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December 22, 2017, 12:18:05 PM |
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Dear Community,
MinexBank interest rates have been changed A wonderful rate. Rates are normal every day. Daily < Weekly < Monthly > Yearly Minexcoin Team keeps on good work! Thank you for your support! What is it that you get a 70% yearly interest rate for? Where does that money come from and who is going to pay what to whom? |
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MineCoin.org (OP)
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December 22, 2017, 12:23:48 PM |
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Dear Community,
MinexBank interest rates have been changed A wonderful rate. Rates are normal every day. Daily < Weekly < Monthly > Yearly Minexcoin Team keeps on good work! Thank you for your support! What is it that you get a 70% yearly interest rate for? Where does that money come from and who is going to pay what to whom? Hello! It's like a deposit in similar bank, but your coins are staying in your wallet and you can cancel parking whenewher you want ( but you won't get interest ). Actually, MinexBank gives you ability to hold coins in your wallet for some interest, which depends on parking time. The initial reserve is formed by premining 1,500,000 coins. Once there are more MinexCoins on the market due to additional issuance (miner work rewards), the reserve will have to be replenished and eventually expanded. The growth will be ensured by the progressive percentage of payments to MinexBank for each block solved by miners. 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% The bank takes the commission both from the awards of the miner and from his commission for transactions. After completion of the issuance of coins, the commission will be 70% only from the transaction commission. More information about this you can find here: https://minexcoin.com/html/download/wpeng.pdf |
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topesis
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December 22, 2017, 12:24:39 PM |
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I still think the interest rate is too high, 70% in a year, for doing what, that is just not sustainable, it is just like all these banks print money out of thin air. I like Minexcoin experiment but I think they need to look into their project very well and stop listening to noise
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