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Author Topic: Minexcoin - A new era of payments  (Read 637506 times)
bcfkm
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August 12, 2018, 05:04:02 AM
 #19681

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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August 12, 2018, 06:10:36 AM
 #19682

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
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August 12, 2018, 07:07:11 AM
 #19683

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#msg43842794
https://bitcointalk.org/index.php?topic=1847292.msg43860515#msg43860515
https://bitcointalk.org/index.php?topic=1847292.msg43861585#msg43861585


Can 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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August 12, 2018, 07:12:47 AM
 #19684

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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August 12, 2018, 07:13:10 AM
Merited by bcfkm (1)
 #19685

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#msg43842794
https://bitcointalk.org/index.php?topic=1847292.msg43860515#msg43860515
https://bitcointalk.org/index.php?topic=1847292.msg43861585#msg43861585


Can 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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August 12, 2018, 07:16:35 AM
 #19686

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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August 12, 2018, 07:28:58 AM
 #19687

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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August 12, 2018, 09:07:16 AM
 #19688

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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August 12, 2018, 11:49:28 AM
 #19689

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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August 12, 2018, 12:18:44 PM
 #19690

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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August 12, 2018, 12:43:11 PM
 #19691

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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August 12, 2018, 01:04:02 PM
 #19692

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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August 12, 2018, 01:29:19 PM
 #19693

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#msg43842794
https://bitcointalk.org/index.php?topic=1847292.msg43860515#msg43860515
https://bitcointalk.org/index.php?topic=1847292.msg43861585#msg43861585


Can 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.

Bear in mind that undisclosed strategies sound like "we dont have a plan to address your concerns, but please think we do and continue to support our ponzi"

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August 12, 2018, 05:52:48 PM
Merited by naska21 (1), Anon11073 (1)
 #19694

Dear Community,

Here is a little update from our VP Peter:

1) We are in the process of producing a new website, that is worthy of our ambitions.

2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).

3) Whitepaper in the process of creation (it is going to be a high quality one) .

4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.

5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.

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August 12, 2018, 05:57:30 PM
 #19695

Dear Community,

Here is a little update from our VP Peter:

1) We are in the process of producing a new website, that is worthy of our ambitions.

2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).

3) Whitepaper in the process of creation (it is going to be a high quality one) .

4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.

5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.


Interesting update you are going to rebrand this project I hope new one will be more realistic and attractive which will bring more exposure as well brand new website with full of information about this project is also another great. I like the hard work of the team and it growing as you hiring more people to make this development more faster good luck.
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August 12, 2018, 06:02:21 PM
 #19696

Dear Community,

Here is a little update from our VP Peter:

1) We are in the process of producing a new website, that is worthy of our ambitions.

2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).

3) Whitepaper in the process of creation (it is going to be a high quality one) .

4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.

5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.


When you expect to finish new WP? you have any date?
What happen with eco system?
can we expect some fork or classic rebrending?
You plan new name? can community to suggest? my vote for Sooncoin
Soonbank,SoonPay,SoonDEX sound good  Smiley
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August 12, 2018, 06:33:21 PM
 #19697

I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.

Wow, Electronic Arts is on Minex board! This is a heavy booster indeed.

I think after 20-21st of August we will get a lot of news from Peter. MNX will be like a "bomb" in that conference.

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August 12, 2018, 06:56:11 PM
 #19698

I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.

Wow, Electronic Arts is on Minex board! This is a heavy booster indeed. I will be not surprised if they accept MNX for their games and choose Minex marketplace to sell them.

Jeff Burton will accompany Peter and while he is co-founder of EA doesn't neccesarily mean EA is involved. As I read it the guy accompany Peter, not the company. But Jeff probably knows his stuff considering hes co-founder of EA. I'm sure great things will happen Smiley
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August 12, 2018, 07:04:00 PM
 #19699



When you expect to finish new WP? you have any date?
What happen with eco system?
can we expect some fork or classic rebrending?
You plan new name? can community to suggest? my vote for Sooncoin
Soonbank,SoonPay,SoonDEX sound good  Smiley

Hello, bozicso

We appreciate your energy and humour. Only people who really like a project put as much passion into their comments as you are.

For now our Vice President shared those infos, they seem to be very positive in nature, show a good measure of progress and strong future developments. As always, you will see the updates as soon as we are ready to publish them.

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August 12, 2018, 07:09:32 PM
 #19700

Dear Community,

Here is a little update from our VP Peter:

1) We are in the process of producing a new website, that is worthy of our ambitions.

2) We are in the process of rebranding (for now, the branding agency will look into a full rebrand, of all our names and trademarks. We will then choose the best option).

3) Whitepaper in the process of creation (it is going to be a high quality one) .

4) We have a new VIP advisor, that I was supposed to announce yesterday, but lacked time. 2 others have expressed interest to join the newly created advisory board.

5) The US venture is not just about blockshow in Las Vegas. We will meet potential US partners and investors that have shown interest in minexcoin, in San Francisco. I will be there starting from tomorrow, accompanied by Jeff Burton, cofounder of electronic arts.


This update is just about marketing, nothing about implementing and acceptance of cards and achieving that what TenX and MCO havent done more than year now!

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