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Author Topic: Minexcoin - A new era of payments  (Read 640056 times)
Effekt
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December 30, 2017, 01:09:04 PM
 #13861

Just to extend your knowledge. Token is more wider notion than coin. Every coin is a token but not every token is a coin. Things  depend on implication of the balance on the concrete address in blockchain. So MNX can be refered to either as token or coin.
Coins are digital assets that operate solely as currencies, and they reside on their own blockchain.
Tokens represent assets or utilities that are fungible and tradable, and they exist on top of a blockchain.

This is a coin because it is a currency. That is its whole premise, being a low volatility currency. If they create their market place and allow businesses to operate on their blockchain, then those businesses will likely be able to create their own tokens for use on top of the MNX blockchain.
Unless Minex opens up its platform in such a way to allow tokenizing real world assets through them directly, then Minexcoin itself will probably never actually be/operate as a token.
Bravo. I'm happy to see someone who knows where is difference between coin and token.
I'm surprised there's people invested in crypto as serious as this coin that actually don't know the difference.

Extending my commentary on this being a coin, I'm assuming that after they get their debit card going (Q4 '18 iirc?) they'll maybe work on directly tokenizing real world assets. Like a bank that buys/sells property, absorbs collateral/liens, provides loans/mortgages, etc. If that were to happen, then this coin would also be a token, and this platform would pretty much become a full-blooded bank.

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December 30, 2017, 01:24:57 PM
 #13862

Just to extend your knowledge. Token is more wider notion than coin. Every coin is a token but not every token is a coin. Things  depend on implication of the balance on the concrete address in blockchain. So MNX can be refered to either as token or coin.
Coins are digital assets that operate solely as currencies, and they reside on their own blockchain.
Tokens represent assets or utilities that are fungible and tradable, and they exist on top of a blockchain.

This is a coin because it is a currency. That is its whole premise, being a low volatility currency. If they create their market place and allow businesses to operate on their blockchain, then those businesses will likely be able to create their own tokens for use on top of the MNX blockchain.
Unless Minex opens up its platform in such a way to allow tokenizing real world assets through them directly, then Minexcoin itself will probably never actually be/operate as a token.
Bravo. I'm happy to see someone who knows where is difference between coin and token.
Yes, many people do not understand the difference between tokens and coins.
I think it is necessary to spread correct knowledge.

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MineCoin.org
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December 30, 2017, 04:04:22 PM
 #13863

Minexcoin Info:
Hashrate: 37.96 MSol/s Difficulty: 1.7562642369021

MinexBank Rates:
Daily: 0.52% Weekly: 3.3% Monthly: 19.5% Yearly: 70%

Price of MNX: $17.09

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

Site || Blog || Bounty
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December 30, 2017, 06:10:58 PM
 #13864

Yesterday I published a video on my channel that features MNX as part of a diversified passive income portfolio

https://www.youtube.com/watch?v=t-4f2UNeoy8

I have done quite a few videos on Minexcoin that you can see here:-
https://www.youtube.com/watch?v=A_MGiZ_xtoM&list=PLz78JPp-ldyii1RmI98F04tjA4-ozE9xB

Thanks
Crypto Rich
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December 30, 2017, 06:18:20 PM
 #13865

Yesterday I published a video on my channel that features MNX as part of a diversified passive income portfolio

https://www.youtube.com/watch?v=t-4f2UNeoy8

I have done quite a few videos on Minexcoin that you can see here:-
https://www.youtube.com/watch?v=A_MGiZ_xtoM&list=PLz78JPp-ldyii1RmI98F04tjA4-ozE9xB

Thanks
Crypto Rich
Thanks mate. Good videos.
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December 30, 2017, 06:43:20 PM
 #13866

Minexcoin Info:
Hashrate: 37.08 MSol/s Difficulty: 1.7562642369021

MinexBank Rates:
Daily: 0.52% Weekly: 3.3% Monthly: 19.5% Yearly: 70%

Price of MNX: $17.36

| Minexcoin | Trade. Park. Earn.
The low volatility cryptocurrency. Trade on exchanges from November 1

Site || Blog || Bounty
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December 30, 2017, 08:44:40 PM
 #13867

Yesterday I published a video on my channel that features MNX as part of a diversified passive income portfolio

https://www.youtube.com/watch?v=t-4f2UNeoy8

I have done quite a few videos on Minexcoin that you can see here:-
https://www.youtube.com/watch?v=A_MGiZ_xtoM&list=PLz78JPp-ldyii1RmI98F04tjA4-ozE9xB

Thanks
Crypto Rich

Good videos and channel.  Hopefully you can network with other big youtubers and get them interested in making videos about Minexcoin as well.

Minexcoin — A new era of payments. ||Trade. Park. Earn.|| The low volatility cryptocurrency.
Buy Coins || Earn Free Coins
DISCUSSION || Website || MinexBank
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December 30, 2017, 09:00:01 PM
 #13868

I like this coin and the concept. One suggestion for further enhancement of the parking of Minexcoins: would be great to have a feature to "repark" your Minexcoin parkings once a parking matures.

Any news on additional exchange listings? This should also support Minexcoin's price.
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December 30, 2017, 09:10:54 PM
 #13869

I like this coin and the concept. One suggestion for further enhancement of the parking of Minexcoins: would be great to have a feature to "repark" your Minexcoin parkings once a parking matures.

Any news on additional exchange listings? This should also support Minexcoin's price.
It is no news about new exchanges atm. It will be no auto repark in Minex bank ever, because people loosing their wallets and that mean funds from bank will be lost as well if there was turned on auto parking. I think it is not so hard to do few clicks once a week or month.
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December 30, 2017, 09:44:34 PM
 #13870

Just gives a bit more exposure to the coin, people will be able to trace its history soo they can decide when will be the best moment to join the coin, im  waiting the exchange wich minexcoin team is working on, im pretty sure those will make the coin to reach another leve, and i really hope we can trade mnx against more pairs then the livecoin does provide.
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December 30, 2017, 10:01:04 PM
 #13871


It is no news about new exchanges atm. It will be no auto repark in Minex bank ever, because people loosing their wallets and that mean funds from bank will be lost as well if there was turned on auto parking. I think it is not so hard to do few clicks once a week or month.

Ok, understood your point that funds from the bank may be lost but I disagree about the convenience. Since weekly interest rates are more unfavorable compared to daily rates compared to 1-2 months ago, I'd rather stick with the daily rate now.

Still you could add some more user convenience, e.g. send an email after an expiry of a parking (as a reminder). You could even offer to "repark" the same amount by clicking a link in that email. Note that I understand that the bank may still lose funds but you could limit that to a maximum of X times (e.g. 6 for daily, 1 for weekly, none for monthly and yearly). It also has a positive effect of keeping in touch with Minexcoin holders. Overall, I would strongly advise the Minexcoin team to be always very and possibly more communicative - keeping the community here and in the web engaged (including silent readers like I typically am).
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December 30, 2017, 10:22:52 PM
 #13872


It is no news about new exchanges atm. It will be no auto repark in Minex bank ever, because people loosing their wallets and that mean funds from bank will be lost as well if there was turned on auto parking. I think it is not so hard to do few clicks once a week or month.

Ok, understood your point that funds from the bank may be lost but I disagree about the convenience. Since weekly interest rates are more unfavorable compared to daily rates compared to 1-2 months ago, I'd rather stick with the daily rate now.

Still you could add some more user convenience, e.g. send an email after an expiry of a parking (as a reminder). You could even offer to "repark" the same amount by clicking a link in that email. Note that I understand that the bank may still lose funds but you could limit that to a maximum of X times (e.g. 6 for daily, 1 for weekly, none for monthly and yearly). It also has a positive effect of keeping in touch with Minexcoin holders. Overall, I would strongly advise the Minexcoin team to be always very and possibly more communicative - keeping the community here and in the web engaged (including silent readers like I typically am).
You can download android app( Minexbank) and get notifications when parking ends. I got notification just once, but propably it is because of my mobile energy safe mode(shuting down all apps)
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December 30, 2017, 11:13:56 PM
 #13873

Well then, at least e-mail reminder for reparking, would be good enough.
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December 30, 2017, 11:15:53 PM
 #13874

I'll do Indonesian translation if needed Smiley
setuju gan, atau mungkin dibuat komunitasnya sekalian
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December 31, 2017, 12:29:04 AM
 #13875

why the price is dropping so much Huh
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December 31, 2017, 12:55:20 AM
 #13876

I suggested times ago an dynamic gif with daily/weekly and montly interests to put in the signature of this forum
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December 31, 2017, 03:38:10 AM
 #13877

why the price is dropping so much Huh

Asking myself the same question for a coin that started extremely well but then started going down hill, listed in only 1 exchange does not help the situation
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December 31, 2017, 03:47:47 AM
 #13878

Well then, at least e-mail reminder for reparking, would be good enough.
Me too.
I think that not only the notification of the parking rate but also the notification of the parking end should be done by e-mail.

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December 31, 2017, 03:49:50 AM
 #13879

why the price is dropping so much Huh
Many coins and tokens are falling due to Bitcoin's crash. But Minexcoin's USD price has not fallen to that.

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Decred is a true community governance cryptocurrency.
revenant2017
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December 31, 2017, 07:21:25 AM
 #13880


It is no news about new exchanges atm. It will be no auto repark in Minex bank ever, because people loosing their wallets and that mean funds from bank will be lost as well if there was turned on auto parking. I think it is not so hard to do few clicks once a week or month.

Ok, understood your point that funds from the bank may be lost but I disagree about the convenience. Since weekly interest rates are more unfavorable compared to daily rates compared to 1-2 months ago, I'd rather stick with the daily rate now.

Still you could add some more user convenience, e.g. send an email after an expiry of a parking (as a reminder). You could even offer to "repark" the same amount by clicking a link in that email. Note that I understand that the bank may still lose funds but you could limit that to a maximum of X times (e.g. 6 for daily, 1 for weekly, none for monthly and yearly). It also has a positive effect of keeping in touch with Minexcoin holders. Overall, I would strongly advise the Minexcoin team to be always very and possibly more communicative - keeping the community here and in the web engaged (including silent readers like I typically am).
You can download android app( Minexbank) and get notifications when parking ends. I got notification just once, but propably it is because of my mobile energy safe mode(shuting down all apps)
That is true. I enabled the feature on my Minexbank app so i don't have to check my parking duration if it was near ending. And the "repark" i think shouldn't be added so you can check your balance when doing the parking.
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