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Author Topic: Minexcoin - A new era of payments  (Read 640016 times)
Jedgar
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March 15, 2018, 06:34:35 PM
 #16121

Looking at Komodo's price lately, isn't Barterdex their platform???  If so, sure doesn't seem like their own decentralized exchange is doing them much good in the price category.  Hopefully Minexcoin's price can grow for a multitude of reasons, but not sure a DEX is that big a price driver.

I think atomic swap is part of their plot to get banks involved into issue of credits cards pertaining to MNX.
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March 15, 2018, 06:42:14 PM
 #16122

https://twitter.com/minexcoin  update coming tomorrow
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March 15, 2018, 06:45:03 PM
 #16123

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
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March 15, 2018, 06:50:03 PM
 #16124

That is amazing piece of writing on atomic swaps that how those will work between Minex and BTC. Those totally trustless using has time lock method will make secure and safer at the same time. I have read twice that update and would read at least twice more to understand it fully with careful attention.
abdulaziz07
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March 15, 2018, 08:28:24 PM
 #16125

Can we do mining with the new Antminer X3 miner
which will get launch in next month from bitmain
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March 15, 2018, 09:08:50 PM
 #16126

Can we do mining with the new Antminer X3 miner
which will get launch in next month from bitmain
No. Minexcoin's mining algorithm MARS(Equihash) is ASIC resistant. What you were telling is an ASIC miner. You can use it in Monero and BTC and other ASIC coins out there.
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March 15, 2018, 10:04:31 PM
 #16127

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  Wink
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March 15, 2018, 10:05:31 PM
 #16128

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?

The rates are meant to decrease over time no matter what.  The price is dropping in USD due to the drop in bitcoins price, not to do with a high number of coins getting dumped just look at the volume, its low, if people were pulling lots of coins out of parkings to sell on the exchanges you would see a bigger increase in the rates i believe, but my guess is that most people just leave their coins parked, one of the main reasons MNX has lost significantly less value than most other coins this last week.  

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minexpuntcoin
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March 15, 2018, 10:08:45 PM
 #16129

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  Wink

whats up temhuk??? im not in telegram!

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TeMHuK
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March 15, 2018, 10:12:02 PM
 #16130

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  Wink

whats up temhuk??? im not in telegram!
You can join at any time https://web.telegram.org/#/im?p=@minexcoin 
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March 15, 2018, 10:55:00 PM
 #16131

Patiently waiting for MNX to make a little dip. I'd like to buy MNX and park them but the current price is way above my level. And I'd need to park more to make a considerable profit out of em. The best time to get in is now. Hoping the price goes down more. Great stuff here. The interest rates are juicy.

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March 16, 2018, 01:27:42 AM
 #16132

Minexcoin Info:
Hashrate: 146.71 MSol/s Difficulty: 7.1169905031623

MinexBank Rates:
Daily: 0.25% Weekly: 1.84% Monthly: 11.3% Yearly: 70.2%

Price of MNX: $25,29 USD

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

Site || Blog || Bounty
elegant_joylin
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March 16, 2018, 01:37:29 AM
 #16133

http://telegra.ph/MINEXBANK-MEMORANDUM-2018-03-15

MINEXBANK NEW MEMORANDUM.

GREAT! MINEXBANK will pursue a monetary policy to maintain an average annual growth of USD/MNX rate not lower than 84.88%

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minexpuntcoin
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March 16, 2018, 01:52:09 AM
 #16134

OK guys, I admit when I am wrong, apparently 70% is here to stay!  Fuck yearly parking!

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TeMHuK
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March 16, 2018, 05:38:48 AM
 #16135

http://telegra.ph/MINEXBANK-MEMORANDUM-2018-03-15

MINEXBANK NEW MEMORANDUM.

GREAT! MINEXBANK will pursue a monetary policy to maintain an average annual growth of USD/MNX rate not lower than 84.88%
84,88% of annual growth is really great. +/-10% per month from the bank from parking. It is really great project. Grin
Jedgar
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March 16, 2018, 07:03:28 AM
 #16136


84,88% of annual growth is really great. +/-10% per month from the bank from parking. It is really great project. Grin

Let's cross the fingers. Parking combined with  84,88% of annual growth   is not bad for crypto. Love MNX.
UIXID
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March 16, 2018, 07:16:51 AM
 #16137

http://telegra.ph/MINEXBANK-MEMORANDUM-2018-03-15

MINEXBANK NEW MEMORANDUM.

GREAT! MINEXBANK will pursue a monetary policy to maintain an average annual growth of USD/MNX rate not lower than 84.88%
84,88% of annual growth is really great. +/-10% per month from the bank from parking. It is really great project. Grin

If the price will rise as planned, we will only remember in the dreams of a rate of 10% per month.
In any case, growth against the background of a general fall is only encouraging.

P.S. Boris said in a telegram: atomik swap with bitcoin will be shown on Monday.
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March 16, 2018, 07:23:40 AM
 #16138

Minexcoin Info:
Hashrate: 162.90 MSol/s Difficulty: 7.1169905031623

MinexBank Rates:
Daily: 0.25% Weekly: 1.84% Monthly: 11.3% Yearly: 70.2%

Price of MNX: $25,12 USD

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

Site || Blog || Bounty
TeMHuK
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March 16, 2018, 11:07:01 AM
 #16139


84,88% of annual growth is really great. +/-10% per month from the bank from parking. It is really great project. Grin

Let's cross the fingers. Parking combined with  84,88% of annual growth   is not bad for crypto. Love MNX.
84.88% annual growth of MNX is the Minimal level. I think real one will be much much higher.
ArminH
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March 16, 2018, 11:38:57 AM
 #16140

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?

The rates are meant to decrease over time no matter what.  The price is dropping in USD due to the drop in bitcoins price, not to do with a high number of coins getting dumped just look at the volume, its low, if people were pulling lots of coins out of parkings to sell on the exchanges you would see a bigger increase in the rates i believe, but my guess is that most people just leave their coins parked, one of the main reasons MNX has lost significantly less value than most other coins this last week.  

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?
Price against Top 10 coins is the same. If all Top 10 coins going down against USD that mean MNX going down too. But now we can see rise of MNX. Who is in MNX Telegram know why  Wink

When rate increases a bit, interest decreases immediately. But when rate decreases 40% like it just did, interest doesn't increase at all.
Could anybody please explain where's the sense in that?

*IF* I understood well, when the rate is to be corrected, EITHER Minex bot buys or sells to compensate, OR the interest rates are changed.
An algorithm decides the best correction to apply, based on many parameters I guess.
In your example, maybe it preferred to buy to support the rate instead of increasing the interest rates.
And when the price increased it chose to immediatly decrease the interest rate.

This is what I understand, but I don't know much about it here...

Thank you guys.
Sounds reasonable although I would prefer to have more information on how the algo decides what to do next
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