Minexcoin - A new era of payments

[MineCoin.org]

Well said.  They're whitepaper said 40% interest/year was the 2018 goal.  They changed that and the whole interest process blew up in their face.  I for one am actually hodling and accumulating, even tho i still think its ultimately a scam, bernie madoff went for 20 years, we can bang out a year and a half at least w MNX

Please, don't start FUD here.

[Brilliantrocket]

I sent some MNX to Livecoin but they are still pending with 30 confirms so far, anyone facing this

[MineCoin.org]

I don't agree that any different opinion is a FUD.

There was a 40% growth, now it's what, 88%?

The real problem is what the White Paper announce:

Volatility is a Problem

Stability as an Answer

There are two factors that make MinexCoin unique:
— Low volatility of the coin (within a five-percent range) achieved autonomously with
traditional financial tools;
— Predictable and controllable annual growth of the coin’s price which correlates with
average annual price growth calculated for a portfolio of most popular altcoins (around
33.6 percent).

But (numbers taken a few hours ago):

BTC right now: 0.36%
MNX right now: -6.64%
   
BTC 3 months price: 10000 to 9300 (-7%)
MNX 3 months price: 20 to 15.7 (-21.5%)

BTC 6 month price: 6170 to 9300 (+51%)
MNX 6 month price: 1.44 to 15.7 (+990%)

As of right now:
* I can't see any low volatility achieved (even BTC does better)
* I don't see any volatility limitation to a five-percent range
* Growth: the price is decreasing every day for 1 month now - where is the bot?

Of course people will say: "it's a long run, just buy more and hodl".

Personaly, I invested since January, and the invested value has decreased by 50+%
Even mining and getting interests, I'm losing a lot - right now.

Again - I don't dream, Minexcoin promise "Volatility is a Problem, Stability as an Answer", this main goal is NOT achieved.
Please don't say I'm also FUDing, I did NOT sell anything, I'm a big fan at the contrary, but right now I'm deceived.

If i'm not wrong, this guy was FUDing a lot in russian thread, so it's not because of his opinion, but because of in which way and how often he posting it.

MNX needs full ecosystem released to get its maximum potential. For example, without some parts of our roadmap it can't be used as payment method. Implementation of roadmap will make great influence on MNX stability and will add more ways of using it in real life, not only as asset on exchange. Devs are working on it and you will see the result, all you need is patience.

[MineCoin.org]

I sent some MNX to Livecoin but they are still pending with 30 confirms so far, anyone facing this

Sure - some blocks take 15 to 30 minutes (instead of less than 3 minutes), see:
https://snag.gy/I1dOLu.jpg

100 blocks of confirmation can take like half a day.

The difficulty change is far far far too long.
In MinexCoin there is Mining; but miners get no help.

You can check blocks time here: https://minexexplorer.com/
As I can see, average time it's a few minutes. Please, don't spread false info.

[MineCoin.org]

I sent some MNX to Livecoin but they are still pending with 30 confirms so far, anyone facing this

You should ask livecoin support, maybe they will explain this situation.

[legendbtc]

Sorry but I sold most of my position. Have been in to this coin since $10, watched it hit $70  and now its going back down to $10     Sad to see.  I have been actively parking and really loved this coin. Had over  2K coins at one point.  Their decision to suddenly drop rate from 14% down to 5% suddenly was a mistake. Of course this massive drop in price was going to happen.  Small changes like they have been making were  much better for the price of this coin.   Only reason for such a big change is because they saw it wasn't sustainable which I get.  They still should have dropped the rates slowly to get to their goal. Developers don;t seem to have our best interests in mind and that is a red flag to me.    Hard to say how low this will go but I'm more or less out.  

Best of luck to you guys holding  

Thanks for your opinion and for honesty.
Good luck to you!

See each of us has different views about the MNX price, it is not quci scheme to make money and already they mentioned in WP about thr parking rates. They can control the flow of dumps they are decreasing the parking interest rates.

[MineCoin.org]

What you show is about the last 7 blocks (the recent half an hour).

Yes, and you showed blocks, which were found in one of the pools, not the whole history, if i understood correctly.

[dazbarlby]

I sent some MNX to Livecoin but they are still pending with 30 confirms so far, anyone facing this

[gameboy366]

I was going to invest in the coin but I will wait until devs have something real to show. Maybe the devs are lazy because this coin is more than a year old with huge market cap, I think at one time I saw it in top 150 or 120 in coinmarketcap but still there are no results only empty promises. The community wants high volatility which is a contradiction. Maybe their usp which is low volatility is unachievable. So they should rebrand and get a new direction if it is really unachievable. Maybe it's not economically possible.

[MineCoin.org]

I was going to invest in the coin but I will wait until devs have something real to show. Maybe the devs are lazy because this coin is more than a year old with huge market cap, I think at one time I saw it in top 150 or 120 in coinmarketcap but still there are no results only empty promises. The community wants high volatility which is a contradiction. Maybe their usp which is low volatility is unachievable. So they should rebrand and get a new direction if it is really unachievable. Maybe it's not economically possible.

Please, check our latest news in blog.
Probably you will find a lot of interested things which were already implemented.
https://medium.com/@minecoinorg

[naska21]

the things is that 0.19% daily means pretty much 100% annual. Which is a direct contradiction of the stated goal of 70%.

0.19% is  daily base  taken as a starting point by Minexbank. The last will regulate it (+-) depending on the market situation. An important point to recognise is that bias can be upward or downward.

[easyrimka]

I was going to invest in the coin but I will wait until devs have something real to show. Maybe the devs are lazy because this coin is more than a year old with huge market cap, I think at one time I saw it in top 150 or 120 in coinmarketcap but still there are no results only empty promises. The community wants high volatility which is a contradiction. Maybe their usp which is low volatility is unachievable. So they should rebrand and get a new direction if it is really unachievable. Maybe it's not economically possible.

ok dude, dont invest and leave this topic. I am sure your DogeCoin invest will make you gain 2 ou 4$

[bozicso]

Circulating Supply: 3,689,352 MNX
Price: $14.19
Market Cap: $52,334,931

Let's analyze the holders:

address with just one transaction hold about 2.8 millions * 14,19$ = almost 40 millions
all other address hold 0.8 millions coins * 14,19$ = almost 12 millions

I do not know the information, but who are people with a single transaction, maybe a member of the team? It makes me feel reasonable. That means buyers cover only 20% current overall Market Cap. That also means that it is in the last 30-45 days holders sold same value as MNX team hold!?

Do I have a good calculations?

This may mean that the investor has not left much, and if everyone in Telegram really hold and buys more, the price can not drop more

[TeMHuK]

Circulating Supply: 3,689,352 MNX
Price: $14.19
Market Cap: $52,334,931

Let's analyze the holders:

address with just one transaction hold about 2.8 millions * 14,19$ = almost 40 millions
all other address hold 0.8 millions coins * 14,19$ = almost 12 millions

I do not know the information, but who are people with a single transaction, maybe a member of the team? It makes me feel reasonable. That means buyers cover only 20% current overall Market Cap. That also means that it is in the last 30-45 days holders sold same value as MNX team hold!?

Do I have a good calculations?

This may mean that the investor has not left much, and if everyone in Telegram really hold and buys more, the price can not drop more

Probably there is parking for one year at one transaction adresses. That adresses belong to first ICO members.

[poer]

Hello, I have a few questions on the progress of Minex. When will there be certainty to be listed on another exchange? When will the webstore be opened? And when will we be able to exchange internally. Thanks.

[bozicso]

Circulating Supply: 3,689,352 MNX
Price: $14.19
Market Cap: $52,334,931

Let's analyze the holders:

address with just one transaction hold about 2.8 millions * 14,19$ = almost 40 millions
all other address hold 0.8 millions coins * 14,19$ = almost 12 millions

I do not know the information, but who are people with a single transaction, maybe a member of the team? It makes me feel reasonable. That means buyers cover only 20% current overall Market Cap. That also means that it is in the last 30-45 days holders sold same value as MNX team hold!?

Do I have a good calculations?

This may mean that the investor has not left much, and if everyone in Telegram really hold and buys more, the price can not drop more

Probably there is parking for one year at one transaction adresses. That adresses belong to first ICO members.

The second and third addresses have 1 million each, do you really think someone had so much money on the ICO? It must be founder capital

[TeMHuK]

Circulating Supply: 3,689,352 MNX
Price: $14.19
Market Cap: $52,334,931

Let's analyze the holders:

address with just one transaction hold about 2.8 millions * 14,19$ = almost 40 millions
all other address hold 0.8 millions coins * 14,19$ = almost 12 millions

I do not know the information, but who are people with a single transaction, maybe a member of the team? It makes me feel reasonable. That means buyers cover only 20% current overall Market Cap. That also means that it is in the last 30-45 days holders sold same value as MNX team hold!?

Do I have a good calculations?

This may mean that the investor has not left much, and if everyone in Telegram really hold and buys more, the price can not drop more

Probably there is parking for one year at one transaction adresses. That adresses belong to first ICO members.

The second and third addresses have 1 million each, do you really think someone had so much money on the ICO? It must be founder capital

No idea about second adress. But third is developers money for 100% and it is untouched since creating.

[naska21]

Hello, I have a few questions on the progress of Minex. When will there be certainty to be listed on another exchange? When will the webstore be opened? And when will we be able to exchange internally. Thanks.

Comming soon,  arguably this month. They can't reveal  both  exact date/s and name/s due to NDA which is a good sign as  exchanges of high places only require such kind of agreement. For shitty listing  NDA is  not required.

[psihotoc]

No, well, if all these alarmist))) my orders are waiting for you in the right glass))) pour me whatever you have. Developers you success and good luck waiting for your further updates of this project.

[psihotoc]

I remember when I found out about this project a very good man said the coin will be very expensive so go ahead and increase the balanced! After a while I was glad I listened to him! In the future, I believe that MNX will bring even more fruitful news and the price will go up.