Minexcoin - A new era of payments

[freeminds]

Hello all,

I thank you in advance for your clemency for the poor quality of my English, I am not English speaking.

I want to thank and congratulate Bcfkm who shares his vision. A clear vision, factual and perfectly argued on this chip, and it feels good!
Again thank you for the messages and comments you post.

I still think that the MNX is a good crypto and an interesting project, but...

It's because of bear market. As you can see, almost all altcoins are down.

Regarding the course of the MNX, which plummets as ever, it must be recognized, I do not think it is only due to the course, or markets, of other cryptos. But well due in large part to the MNX and to him alone. Finally I want to say to a part of the team piloting this project, and in large part to the people in charge of communication.

When I see how communication is lamentable both on the overall progress of this project, its developments in progress or standby (not to say abandoned), as on its future developments ... I'm not surprised what happens.

The VISA card is a good idea, and a good thing ... when it will be available (if one day it is available). But it's not a few VISA cards that will change enormously the course of the MNX, or even the face of the world ... at least not for the moment alas.

By cons, I think a flattening of this project becomes really necessary for it to be back on track.
What I mean by laying flat:
 - Communicate a WP up to date ... it's more than urgent
 - Review and update the road map. It is unnormly that in a roadmap DEVs are in standby (or abandoned?) and are not rescheduled (or deleted). Leaving them as apparently finalized, when it is not the case, it can deceive people, or scared people wanting to be interested in the MNX ... it's more than urgent
 - Clarify the situation vis-à-vis the backing of VISA cards at a bank, as well as compliance checks. Because you must to stop saying anything and everything, just to furnish on this subject, it becomes heartbreaking! it's much more than urgent
 - Have a real communication team that works with marketing, if not already done. And not people who do not bring clear messages, or vague and useless answers (answers that only serve to fuel the doubts and polemics that I read at length of pages). People who are able to go back, to the other teams in charge of the MNX, an equally clear information on the questions of the community supporting the MNX ... it is much more than urgent

One last thing, for the potential rage who would like to react to my message ... I support my reflection on my professional experience. Professional experience as a project manager who piloted and pilot projects from a few hundred thousand dollars to more than 50 million dollars.

With that, I will continue to mine the MNX, and buy it whenever possible, because I still think that this project has good potential. And that its potential would be increased tenfold if ...

[1715547133]

1715547133

[vlom]

Could you kindly explain to me why the price is falling so much? -20 percent in one day? Some bad news about the debit cards? They will not be delivered in September?

It's because of bear market. As you can see, almost all altcoins are down.

so you now finally admit that it does not work. the propagated stable price with your algo is just a joke. I am glad that you wrote it. And now people know that you cant hold what you promised.

[mr.pacy.mf]

http://prntscr.com/krv8p1


good job Boris


bigest looser biger then all 1921  Cryptocurrencies on CMC  

[RafalZ]

There is one thing that bothers me.
Minex team says they bough a bank for visa cards so they have funds (from ico, from presales or whatever), so how much money would be needed to kill those selling walls? $10,000-$20,000? You could put a massive buy wall and snap the neck of any speculative sellers, especially if you believe in your own project and know the price will go much higher...
But none of you are interested in cheap coins which will be worth fortune soon(according to your predictions and promises). Isnt that strange?

[jenjo78]

The last price in coinmarketcap now is ...
   1.66$ USD
Rank 366

 Something is not working well. I ask the team to come together and change their strategy before it's too late.

[dearbesz1219]

The last price in coinmarketcap now is ...
   1.66$ USD
Rank 366

 Something is not working well. I ask the team to come together and change their strategy before it's too late.

I posted here my comment when MinexCoin costed 2.5USD, it is about one hour ago and now price is only 1.6USD. WTH. Could you kindly explain to me... This is no due to bear market..

[BitPotus]

The last price in coinmarketcap now is ...
   1.66$ USD
Rank 366

 Something is not working well. I ask the team to come together and change their strategy before it's too late.

I posted here my comment when MinexCoin costed 2.5USD, it is about one hour ago and now price is only 1.6USD. WTH. Could you kindly explain to me... This is no due to bear market..

Just panic seller. There is always those around in any projects. It just doesn't make sense to sell at a loss.

 

[alicea]

How much % are you charging as a conversion fee? If I use card on a country other than US how much extra would I be charged?

On telegram it was said that conversion from one currency to another will be without fees.

Thank you for the reply.

By currency do you mean crypto or fiat? Because if they are not charging any fee for the fiat conversion how will they make money?

[mr.pacy.mf]

Could you kindly explain to me why the price is falling so much? -20 percent in one day? Some bad news about the debit cards? They will not be delivered in September?

It's because of bear market. As you can see, almost all altcoins are down.

so you now finally admit that it does not work. the propagated stable price with your algo is just a joke. I am glad that you wrote it. And now people know that you cant hold what you promised.

yesterday after my post/question:

"
I cut out a part of 49seconds of criptorich's interview with Boris

https://ytcropper.com/cropped/xM5b92d18330bbc

@MineCoin.org What will happen if I break down the price on all exchanges  to the zero
in this moment .....Will you prove to me that I'm wrong when I say that algo is dead....will you deny me and buy all the orders up to 20USD"

we finaly see reaction of that algo

reaction in the form of a urgent phone call sended to the exchanges

with the request that the exchanges urgently block MNX deposits

NICE

[onebtcforlife]

The last price in coinmarketcap now is ...
   1.66$ USD
Rank 366

 Something is not working well. I ask the team to come together and change their strategy before it's too late.

I posted here my comment when MinexCoin costed 2.5USD, it is about one hour ago and now price is only 1.6USD. WTH. Could you kindly explain to me... This is no due to bear market..

Due to market fluctuation, the price of MNX coin decreased a lot in the market because due to there are many panic sellers are selling them in the marker for little profit. In the bear market, we have to hold them until the market starts recovering.

[mr.pacy.mf]

The last price in coinmarketcap now is ...
   1.66$ USD
Rank 366

 Something is not working well. I ask the team to come together and change their strategy before it's too late.

I posted here my comment when MinexCoin costed 2.5USD, it is about one hour ago and now price is only 1.6USD. WTH. Could you kindly explain to me... This is no due to bear market..

Due to market fluctuation, the price of MNX coin decreased a lot in the market because due to there are many panic sellers are selling them in the marker for little profit. In the bear market, we have to hold them until the market starts recovering.

please stop with that SH.t....Tell me what was the reason for the fall of MNX while BTC and all other altcoins were green...."People sell minexcoin because btc is growing so they want to take a profit"

[jenjo78]

minexbank takes the interest to pay the parked money of the miners, but if the miners stop the machines because the price of the minexcoin is so low that the electricity it consumes can not be paid, the whole ecosystem would have problems for pay the parked money .
1 month ago we were 1900 miners in minexpool. today they are only 1040 that means less coins for minexbank.

[TeMHuK]

minexbank takes the interest to pay the parked money of the miners, but if the miners stop the machines because the price of the minexcoin is so low that the electricity it consumes can not be paid, the whole ecosystem would have problems for pay the parked money

does not matter how many miners will mine MNX 3 or 1000. Minexbank will get same tax.

[jenjo78]

minexbank takes the interest to pay the parked money of the miners, but if the miners stop the machines because the price of the minexcoin is so low that the electricity it consumes can not be paid, the whole ecosystem would have problems for pay the parked money

does not matter how many miners will mine MNX 3 or 1000. Minexbank will get same tax.

But it pays the taxes with the money generated from the miners. each block mined part of the coin goes to minexbank

[Dirtpaw]

All good news happening in mnx but the execution spoil the excitement and momentum of simple error which could have been avoided.. Its frustrating i failed aml for simple grammatical issue..

It was not a mistake. simply people should to think a little bit before answering that question. and that was too hard for many people  and devs changed that question to make it more simple.

How that was not a mistake by MNX team? Most failed the AML because the first time the question was " I AM NOT a member on the list of organizations"  then they changed the question to " Are you a member of those organizations?" making the first time correctly answered question false hence failing AML because now that YES answer means YES  - I am a terrorist.

Stop blaming people for teams unwillingness to hire a english speaking person to check their publications.

[vlom]

minexbank takes the interest to pay the parked money of the miners, but if the miners stop the machines because the price of the minexcoin is so low that the electricity it consumes can not be paid, the whole ecosystem would have problems for pay the parked money

does not matter how many miners will mine MNX 3 or 1000. Minexbank will get same tax.

But it pays the taxes with the money generated from the miners. each block mined part of the coin goes to minexbank

yes. but the number of miners are not important in this case. if there is only one miner he mins each block and the bank gets the fee. if there are 1000 miners the bank gets the same amount of fees. The fee is per block that is mined.

But yes. If there is anybody that mines the bank gets no fees. but without mining this POW blockchain is dead anyway. So it does not matter that the bank wont get any fees....

[benres]

I have already sold my MNX coin less than the 2 dollar mark and I think I have made some bad calculations when it was at 20 USD, but anyway I have been profited when the changes was not yet have been taken in effect. Hopefully those who are still holding their MNX will have their profit sooner or later!

[MoneroMooo]

I have already sold my MNX coin less than the 2 dollar mark and I think I have made some bad calculations when it was at 20 USD, but anyway I have been profited when the changes was not yet have been taken in effect. Hopefully those who are still holding their MNX will have their profit sooner or later!

Yes, we share the same thoughts. we're late for the realization. I'm buying and parking. They targeted $ 140 for 2018. I think we need a miracle.
we need new explanations on the card.

[RafalZ]

All good news happening in mnx but the execution spoil the excitement and momentum of simple error which could have been avoided.. Its frustrating i failed aml for simple grammatical issue..

It was not a mistake. simply people should to think a little bit before answering that question. and that was too hard for many people  and devs changed that question to make it more simple.

How that was not a mistake by MNX team? Most failed the AML because the first time the question was " I AM NOT a member on the list of organizations"  then they changed the question to " Are you a member of those organizations?" making the first time correctly answered question false hence failing AML because now that YES answer means YES  - I am a terrorist.

Stop blaming people for teams unwillingness to hire a english speaking person to check their publications.

oh so that was happen.... i though i just made a stupid mistake with marking answer for that question and now im waiting a fecking week to someone from customer support change it manually
Really "PROFFESIONAL" team

[sorrros]

I have already sold my MNX coin less than the 2 dollar mark and I think I have made some bad calculations when it was at 20 USD, but anyway I have been profited when the changes was not yet have been taken in effect. Hopefully those who are still holding their MNX will have their profit sooner or later!

Do you really think that the situation is so bad that it is good to sell this coin only for 2USD? For me it is almost imposibble to think about selling it for this price.