Sam San
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September 16, 2018, 05:25:52 PM |
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are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.
When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive. as long as the coin is profitable, it is attractive. so far, the entire crypt is only an attractive outlet, which is more refuted by the new ICO
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futureofeth
Member
Offline
Activity: 686
Merit: 10
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September 16, 2018, 05:28:18 PM |
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are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.
When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive. as long as the coin is profitable, it is attractive. until the entire crypt is only attractive yield that more poweraide new ICO Always coin will be profitable only if the coin has a good development team even after completion of their ICO. We have seen already development is still confining from the mined team. So there is a good chance to increase their value.
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Dirtpaw
Jr. Member
Offline
Activity: 192
Merit: 5
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September 17, 2018, 06:21:32 AM |
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are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.
When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive. this did not really answer my question. so i have so search... https://medium.com/minecoin-blog/announcement-launch-of-instabuy-refferal-and-cashback-programs-29c398741ff1Instabuy users just have to send their BTC (or BCH) to the designated address and receive the associated MNX (The supply of MNX will come from Minexcoin’s own funds). Once the transaction is verified and validated, the same amount of MNX will be bought from exchanges and taken out of the market. We endure the hassle, you experience the pleasure! They sell coins and buy them back on an exchange? Does it really work like that? This is super strange. And where are the initial coins from? INSTABUY is an exchange service that provides direct exchange (BTC, BCH and ETH to MNX) between Minexsystems private MNX reserve and the customer of INSTABUY. They are selling ICO/Bounty leftover coins through Instabuy. So basically they are selling their pre-mine. That info is what I found from telegram groups. They haven´t touched the developer funds yet, well sort of, only 18k mnx moved from dev fund address to some other address. First they advertised the buy back as once the transactions are verified and validated they buy back from exchange but they haven´t bought back anything yet. Now they are "formulating a buy back program" which was not the case in the first place. If the buybacks were made straight after instabuy was used then I see no problem, but how they operate now is just market manipulation. A Pump and dump with extra steps.
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Earn or compound your BTC : https://freebitco.in/?r=8476033 I share 75% of my commissions with my referrals. Share amount based on referral activity.
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Lambe Ndumble
Member
Offline
Activity: 569
Merit: 10
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September 17, 2018, 06:23:18 AM |
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are the coins held by the devs sold via this instabuy? if yes, then they are just found a way to dump their coins.
When the price dropped they should buy again so that they can control the price, I think Minexcoin is getting worse because of the decreasing transaction volume and their product (minexbank) is less attractive. If the coins and projects are not attractive to investors it is difficult to survive, buying back is only temporary and impossible forever, because they also need fiat for their living expenses and their project cost.
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examplens
Legendary
Offline
Activity: 3416
Merit: 3419
Crypto Swap Exchange
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September 17, 2018, 12:28:40 PM |
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Now we have a very low daily trading volume. "Only" $11,616 USD. Twenty days earlier was more than 340k. is this a sign that people stop selling cheap or MNX is not more attractive?
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jadefalke
Legendary
Offline
Activity: 1456
Merit: 1014
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September 17, 2018, 12:55:17 PM |
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Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?
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Bgbolahan
Newbie
Offline
Activity: 173
Merit: 0
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September 17, 2018, 01:20:04 PM |
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There should be buyback and i think buyback only make sense when card is launch, right now the price will go down if there's any buyback because mnx is still a speculative asset but we want it as an utility coin.
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YuSK
Jr. Member
Offline
Activity: 126
Merit: 6
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September 17, 2018, 01:20:48 PM |
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Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?
No one will give you a correct answer here, try asking on reddit too ( https://www.reddit.com/r/minexcoin/), They will censor and delete your question.
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TeMHuK
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September 17, 2018, 01:39:25 PM |
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Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?
No one will give you a correct answer here, try asking on reddit too ( https://www.reddit.com/r/minexcoin/), They will censor and delete your question. I'm not sure about deleting something from reddit because you are paid FUDer and liar.
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YuSK
Jr. Member
Offline
Activity: 126
Merit: 6
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September 17, 2018, 02:28:49 PM |
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Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?
No one will give you a correct answer here, try asking on reddit too ( https://www.reddit.com/r/minexcoin/), They will censor and delete your question. I'm not sure about deleting something from reddit because you are paid FUDer and liar. Your a paid shill! Your supporting the next Minex 2.0 obvious scam called republia HAHA
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TeMHuK
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September 17, 2018, 02:51:23 PM |
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Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?
No one will give you a correct answer here, try asking on reddit too ( https://www.reddit.com/r/minexcoin/), They will censor and delete your question. I'm not sure about deleting something from reddit because you are paid FUDer and liar. Your a paid shill! Your supporting the next Minex 2.0 obvious scam called republia HAHA Poor FUDer are angry
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digitalblock
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September 17, 2018, 03:37:11 PM |
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Good afternoon. Tell me who ordered the cards of this payment system? If so, how can you evaluate the work. I wish everyone good luck. Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?
No one will give you a correct answer here, try asking on reddit too ( https://www.reddit.com/r/minexcoin/), They will censor and delete your question.
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YuSK
Jr. Member
Offline
Activity: 126
Merit: 6
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September 17, 2018, 03:45:39 PM |
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Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?
No one will give you a correct answer here, try asking on reddit too ( https://www.reddit.com/r/minexcoin/), They will censor and delete your question. I'm not sure about deleting something from reddit because you are paid FUDer and liar. Your a paid shill! Your supporting the next Minex 2.0 obvious scam called republia HAHA Poor FUDer are angry Poor PAID SHILL who calls anyone who calls him out a FUDer
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Cryptodiscuss
Member
Offline
Activity: 518
Merit: 10
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September 17, 2018, 07:48:48 PM |
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Now we have a very low daily trading volume. "Only" $11,616 USD. Twenty days earlier was more than 340k. is this a sign that people stop selling cheap or MNX is not more attractive?
No one can say that for sure, there is still a lot of coins released every day on minexbank and with mining, so we can only hope that cheap sellout is over!
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drmasa
Member
Offline
Activity: 270
Merit: 10
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September 18, 2018, 07:59:05 PM |
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What is happening? This is nice grow in price when most of the market is red! Did someone got his card or what?
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Convery
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September 18, 2018, 08:06:00 PM |
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What is happening? This is nice grow in price when most of the market is red! Did someone got his card or what?
I do not know, no updates here also no updates on Twitter or Reddit. Maybe only market manipulation. And alsi this week we should receive update about credit cards provider. So I hope that there wont be any delay with it.
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Fabriz
Member
Offline
Activity: 392
Merit: 10
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September 18, 2018, 08:40:03 PM |
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What is happening? This is nice grow in price when most of the market is red! Did someone got his card or what?
I do not know, no updates here also no updates on Twitter or Reddit. Maybe only market manipulation. And alsi this week we should receive update about credit cards provider. So I hope that there wont be any delay with it. strange silence in the last weeks
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alicea
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September 19, 2018, 03:02:12 AM |
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What is happening? This is nice grow in price when most of the market is red! Did someone got his card or what?
Lol, that kinda surprised me as well because even today the price of Minex is up by 18% (at the time of writing).
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BitPotus
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September 19, 2018, 04:26:28 AM |
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What is happening? This is nice grow in price when most of the market is red! Did someone got his card or what?
Lol, that kinda surprised me as well because even today the price of Minex is up by 18% (at the time of writing). yeah. 2.67 BTC volume. pathetic really. If it were 200 BTC volume, then you could be excused for cheering.
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ERossin
Sr. Member
Offline
Activity: 490
Merit: 262
The World’s First Blockchain Core
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September 19, 2018, 04:39:39 AM Merited by tomsmith26 (5) |
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Can someone form Minexcoin please comment on the Instabuy Fiasco? What are your plans to overcome this Issue?
No one will give you a correct answer here, try asking on reddit too ( https://www.reddit.com/r/minexcoin/), They will censor and delete your question. I'm not sure about deleting something from reddit because you are paid FUDer and liar. Your a paid shill! Your supporting the next Minex 2.0 obvious scam called republia HAHA Poor FUDer are angry Poor PAID SHILL who calls anyone who calls him out a FUDer He is rented to display a mess to minexcoin community but this fact isn't really meaning to anyone and the renters must lose their money . Otherwise Minexcoin project is advertised in the public and free way without paying money. This is the worst thing for renters and all things lost.
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