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Galabau24
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August 11, 2018, 03:37:25 PM |
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that's great to take a first step into the USA !! Is Asia also planned in November, or just the US?
Now is only USA. But may be Asia will be in future. that sounds good. Are you looking for investors or looking for cool startups to prepare the ICO? or simple promo ?? Best regards...  |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Galabau24
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August 11, 2018, 05:23:01 PM |
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Peter (not giving crypto away) @Peter_minexcoin 8h 8 hours ago More Had a chat yesterday with @HydrogenAPI, talking about the implementation of hydro raindrop. It appears we will be the first crypto project to do that. Peter (not giving crypto away) @Peter_minexcoin Aug 10 More Hello to our community. Today, I will share some news about the newly forming ADVISORY BOARD for @minexcoin. VIPs are joining our project! https://www.hydrogenplatform.com/
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bozicso
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August 11, 2018, 05:33:23 PM |
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Raindrop is multi-factor authentication. It allows for platforms to secure access to their systems... what is BIG benefit from this? btw tell Peter to came out of CZ ass, he will not got listing in that way https://athcoinindex.com/price/page/all#203 MNX -92.31% to ATH price. In just 6 months, congratulations! |
upcomingcarsreview.com
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Racquemis1
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August 11, 2018, 05:55:04 PM |
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https://coinmarketcap.com/currencies/minexcoin/isn't their algo supposed to stabilize the price? where does the money for the interest payment come from? The more I look into it, the more it seems to be a sophisticated Bitconnect type operation.  Well you cleverly didn't look well enough otherwise you would have known the interest comes a 1.5 million mnx reserve generated on the genesis block and that each block mined on the networks sends 20 percent of the total reward to the minexbank reserve. clever twist on a Bitconnect style Ponzi. thank you for the additional info. It's not a ponzi. Nobody is depositing money for the interest payments of older investors. The total block reward is 2.5 mnx. 0.5 mnx of that will never go to miners and also never belonged to them. There are consensus rules in place to enforce that 0.5 mnx goes to the minexbank reserve as Replenishment. Directly generated on the block and thus doesn't come from investors.. Nobody is losing money |
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Fabriz
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Activity: 392
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August 11, 2018, 06:46:02 PM |
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Peter (not giving crypto away) @Peter_minexcoin 8h 8 hours ago More Had a chat yesterday with @HydrogenAPI, talking about the implementation of hydro raindrop. It appears we will be the first crypto project to do that. Peter (not giving crypto away) @Peter_minexcoin Aug 10 More Hello to our community. Today, I will share some news about the newly forming ADVISORY BOARD for @minexcoin. VIPs are joining our project! https://www.hydrogenplatform.com/ they should evaluate a partnership with Pundix to integrate MNX wallet in the pos |
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Racquemis1
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August 11, 2018, 07:22:06 PM |
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That pos is good and all. But let's face the facts. Only a small number of retail businesses around the world will such that PoS while every retailer in the world already has a PoS supporting meastro, mastercard and visa.
With minexpay all retail businesses are covered. Pundix is and will remain a niche market.
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Fabriz
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August 11, 2018, 07:35:20 PM
Last edit: August 11, 2018, 09:14:57 PM by Fabriz |
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That pos is good and all. But let's face the facts. Only a small number of retail businesses around the world will such that PoS while every retailer in the world already has a PoS supporting meastro, mastercard and visa.
With minexpay all retail businesses are covered. Pundix is and will remain a niche market.
but partnerships are best done at the beginning when you're not too famous, maybe if you wait for two years then those of Pundix could make you a rascal. The important thing with Pundix is that you can charge your wallet with cash, not only spend....so people could buy crypto everywhere with the pos. |
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JollyGood
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August 11, 2018, 09:45:52 PM |
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That pos is good and all. But let's face the facts. Only a small number of retail businesses around the world will such that PoS while every retailer in the world already has a PoS supporting meastro, mastercard and visa.
With minexpay all retail businesses are covered. Pundix is and will remain a niche market.
Maybe they will incorporate FIAT credit cards in the same POS terminal if they make deals with them. |
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bcfkm
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August 12, 2018, 05:04:02 AM |
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Check the card features again, loading and using the card with MNX safe more money than other crypto or fiat which will increase the demand for MNX....you can correct me where am wrong
This is somewhat true... Using the standard and gold cards as a reference... Is the 0.5% difference for charging and 1% difference in spending more than the % lost in purchasing MNX? An educated hedge would look at the falling price of MNX and deem it safer to transfer in BTC. In the last 3 months, it would hold far more value than MNX. Again, I see no strong pressure to buy MNX |
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MineCoin.org (OP)
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August 12, 2018, 06:10:36 AM |
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Raindrop is multi-factor authentication. It allows for platforms to secure access to their systems... what is BIG benefit from this? btw tell Peter to came out of CZ ass, he will not got listing in that way https://athcoinindex.com/price/page/all#203 MNX -92.31% to ATH price. In just 6 months, congratulations! Additional security. Please watch your language. You can leave your thoughts to Peter directly in Telegram @VpresidentMinexcoin or Twitter https://twitter.com/Peter_minexcoin |
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bcfkm
Jr. Member
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August 12, 2018, 07:07:11 AM |
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I'm pleased that some people have responded to my posts with some suggestions and arguments. I'd really like to debate this some more. For the record, I have a fairly decent amount of MNX. I am pleased with the reporting from the Minex Team and very interested in the project. It's absolutely not my intention to troll or attempt to disrupt the community. I hope my posts come across as constructively critical. The whole ecosystem being built up by the team may fail for the worst reason... because MNX can't hold it's market value. I think we are still waiting to see the impact of the VISA cards. There were some keen early adopters, myself included. Again for the record, I have passed my KYC checks and eagerly await my card delivery. But surprisingly to me... enthusiasm for the cards is much lower than I was expecting. I base this on the published number of attempted KYC submissions (475). I hope that the thousands of other unpaid registrations are waiting to see the first few successful transactions reported and jump on board. Analysing things more has led me to the conclusion that the strategies used to kick start this project may well cause its demise if not addressed within the next couple of quarters. (See my previous posts for my reasoning) https://bitcointalk.org/index.php?topic=1847292.msg43842794#msg43842794https://bitcointalk.org/index.php?topic=1847292.msg43860515#msg43860515https://bitcointalk.org/index.php?topic=1847292.msg43861585#msg43861585Can someone from the Minex team offer any feedback on this? Have you any strategies planned to encourage more buy-volume in the market? What we need is more volume, other than the periodical dumping of parking interest. I expect the coming weeks might be particularly bad for MNX price as the first quarterly parkings are due to mature. |
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Goruno
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August 12, 2018, 07:12:47 AM |
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The launch of the exchange for new coins. Launch New Exchange Bounty !! 0.001 BTC Bounty !! https://www.bitrocketexchange.com------------------------------- 0. sign up ( https://www.bitrocketexchange.com) 1. Write your bitrocket ID 2. Deposit minimum 0.001 bitcoin into your Bitcoin wallet on the Bitrocket exchange 3. Send to E-mail : bitrocket7@gmail.com***E-mail Form is*** Subject : Bitrocket bounty - your bitrocket ID : - Deposit minimum 0.001 Bitcoin and Screencapture - Your BTC address 4. with in 48 hours send to 0.001 BTC This is a shit scammer here . Go to the hell and stop your shit work here and get out this place I will ask the moderator to ban your account. DO NOT SEND ANYTHING TO THIS SHIT SCAMMER. |
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MineCoin.org (OP)
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August 12, 2018, 07:13:10 AM |
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I'm pleased that some people have responded to my posts with some suggestions and arguments. I'd really like to debate this some more. For the record, I have a fairly decent amount of MNX. I am pleased with the reporting from the Minex Team and very interested in the project. It's absolutely not my intention to troll or attempt to disrupt the community. I hope my posts come across as constructively critical. The whole ecosystem being built up by the team may fail for the worst reason... because MNX can't hold it's market value. I think we are still waiting to see the impact of the VISA cards. There were some keen early adopters, myself included. Again for the record, I have passed my KYC checks and eagerly await my card delivery. But surprisingly to me... enthusiasm for the cards is much lower than I was expecting. I base this on the published number of attempted KYC submissions (475). I hope that the thousands of other unpaid registrations are waiting to see the first few successful transactions reported and jump on board. Analysing things more has led me to the conclusion that the strategies used to kick start this project may well cause its demise if not addressed within the next couple of quarters. (See my previous posts for my reasoning) https://bitcointalk.org/index.php?topic=1847292.msg43842794#msg43842794https://bitcointalk.org/index.php?topic=1847292.msg43860515#msg43860515https://bitcointalk.org/index.php?topic=1847292.msg43861585#msg43861585Can someone from the Minex team offer any feedback on this? Have you any strategies planned to encourage more buy-volume in the market? What we need is more volume, other than the periodical dumping of parking interest. I expect the coming weeks might be particularly bad for MNX price as the first quarterly parkings are due to mature. Dear bcfkm, thank you for your analysis and opinion. Please be assured that the team does have strategies, which are not to be disclosed. In the meantime we do read all community opinions and take into cosiderations any ideas or thoughts we find. |
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Galabau24
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August 12, 2018, 07:16:35 AM |
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https://minexsystems.com/ that could also help us for a better Minex price ..... you could invest your coins in ICO's I believe the Minexmarket will take a while. First of all good startups have to be found .... but that would be another possibility .....
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bcfkm
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August 12, 2018, 07:28:58 AM |
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Dear bcfkm, thank you for your analysis and opinion.
Please be assured that the team does have strategies, which are not to be disclosed.
In the meantime we do read all community opinions and take into cosiderations any ideas or thoughts we find.
Thank you for replying! Of course, we understand the team can not disclose all future strategies. The crypto world is still very small and niche. I fully expect new ideas and features released by the team to be copied within months or weeks by competitors. I remain concerned for the future of the project, and the next few weeks will tell if my prediction of the market will be correct or not. If it does fall as suggested, it will not be disastrous yet and would be recoverable. Very keen to hear of your new features to encourage a more liquid market! Will be watching the reports and blog as usual. |
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MineCoin.org (OP)
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August 12, 2018, 09:07:16 AM |
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This is somewhat true... Using the standard and gold cards as a reference... Is the 0.5% difference for charging and 1% difference in spending more than the % lost in purchasing MNX? An educated hedge would look at the falling price of MNX and deem it safer to transfer in BTC. In the last 3 months, it would hold far more value than MNX.
Again, I see no strong pressure to buy MNX
You compare replenishment % for fiat and spending % for other cryptos, while spending % for fiat is same as for spending % for MNX. E.g. for Gold card to replenish card with fiat it is 0.5% for spending it via POS terminals it is 0%, ATM withdrawal - 1% |
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timmmers
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August 12, 2018, 11:49:28 AM |
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Price today increased by 14%. Is there any good news what I am missing? Or why people suddenly started to buy MinexCoin, or it is a bull trap? Because market 24 hour volume is decreasing...
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JollyGood
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August 12, 2018, 12:18:44 PM |
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Dear bcfkm, thank you for your analysis and opinion.
Please be assured that the team does have strategies, which are not to be disclosed.
In the meantime we do read all community opinions and take into cosiderations any ideas or thoughts we find.
I suppose that is normal business practice for not sharing all future strategies. Thank you for explaining you are taking in to account all proposals and feedback that users put forward. |
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toucan
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August 12, 2018, 12:43:11 PM |
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I think one thing missing in the benefit of the Minexpay cards is the number of MNX withdrawn from circulation to back the cards.
Lets look at this a moment......
Infinite cards..limited to 1000 but have 1000 MNX requirement to be kept on card......1,000,000 MNX total when all sold
Platinum cards 200 MNX required to be kept on card .. say in 1 year 5,000 sold...........1,000,000 MNX total
Gold card..50 MNX on card so suppose in 1 year 10,000 sold.......................................500,000 MNX need to be kept on card
The base card has no requirement...so in total that would be 2 1/2 million MNX out of circulation and current supply is a little over 4.5 million per coinmarketcap
And with all those in the MinexBank for parking, the available supply for trading will be rather small. This should drive up the price as more cards sold and more people have to buy MNX to pay for card and maintain the balance.
Lets hope the card works as planned as will be bullish for the price of MNX
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bcfkm
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August 12, 2018, 01:04:02 PM |
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I think one thing missing in the benefit of the Minexpay cards is the number of MNX withdrawn from circulation to back the cards.
Lets look at this a moment......
Infinite cards..limited to 1000 but have 1000 MNX requirement to be kept on card......1,000,000 MNX total when all sold
Platinum cards 200 MNX required to be kept on card .. say in 1 year 5,000 sold...........1,000,000 MNX total
Gold card..50 MNX on card so suppose in 1 year 10,000 sold.......................................500,000 MNX need to be kept on card
The base card has no requirement...so in total that would be 2 1/2 million MNX out of circulation and current supply is a little over 4.5 million per coinmarketcap
And with all those in the MinexBank for parking, the available supply for trading will be rather small. This should drive up the price as more cards sold and more people have to buy MNX to pay for card and maintain the balance.
Lets hope the card works as planned as will be bullish for the price of MNX
Yes, this is a good point. If enough cards go in to circulation, and are kept functional via the minimum balance requirements, there will be an impact. Your numbers are very optimistic! I'm not expecting such a large user base. lets see in the coming months how many cards get reported. If we have even a quarter of your numbers we will be in a much stronger position. |
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