JollyGood
Legendary
 Offline
Activity: 2534
Merit: 1713
Top Crypto Casino
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November 25, 2018, 10:37:01 PM |
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Minex project was designed with pre-build major flaw. It is impossible to have low price volatility and at the same time to give 70% yearly interest which generates hyperinflation in the system.
Attracted with promise of 70% interest rate and promise of maintaining low price volatilty,investors start pouring ,counting on big returns.Too late for them they realized that if someone gives you 70% interest per year,will take you through multiple times bigger inflation not just interest,but big part of initial investment. Maybe if they spent less time playing table-tennis and more time actually working they would have made a success of Minexcoin/Minexsystem/Minexpay but now the project is dead. It is being used to scam newbies and gullible investors in order to siphon-off funds to get ready for the Republia scam  |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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thunderjet
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November 26, 2018, 07:46:15 AM
Last edit: November 26, 2018, 07:58:54 AM by thunderjet |
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Minex project was designed with pre-build major flaw. It is impossible to have low price volatility and at the same time to give 70% yearly interest which generates hyperinflation in the system.
Attracted with promise of 70% interest rate and promise of maintaining low price volatilty,investors start pouring ,counting on big returns.Too late for them they realized that if someone gives you 70% interest per year,will take you through multiple times bigger inflation not just interest,but big part of initial investment. Maybe if they spent less time playing table-tennis and more time actually working they would have made a success of Minexcoin/Minexsystem/Minexpay but now the project is dead. It is being used to scam newbies and gullible investors in order to siphon-off funds to get ready for the Republia scam Yeah, they were productive just in one way - to make parts of system who collect money from investors - wallet ,Minexbank, Instabuy They made OTC option only for buying MNX coins InstaBuy, but not InstaSell as OTC selling option. Money outflow is not allowed  Logically,bank should have both options, Buy and Sell ,as a tools for regulating supply and demand. It is absolutely necessary if you want to regulate price of coins,like it was promised in whitelist. Not making InstaSell option was a clear sign that whole project is one way trip. |
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JollyGood
Legendary
Offline
Activity: 2534
Merit: 1713
Top Crypto Casino
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November 26, 2018, 11:00:30 AM |
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Yeah, they were productive just in one way - to make parts of system who collect money from investors - wallet ,Minexbank, Instabuy They made OTC option only for buying MNX coins InstaBuy, but not InstaSell as OTC selling option. Money outflow is not allowed Logically,bank should have both options, Buy and Sell ,as a tools for regulating supply and demand. It is absolutely necessary if you want to regulate price of coins,like it was promised in whitelist. Not making InstaSell option was a clear sign that whole project is one way trip. How much time do you think they have before they use their exit strategy and dump everything? |
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TeMHuK
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November 26, 2018, 05:44:05 PM |
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thunderjet
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November 26, 2018, 05:48:12 PM |
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Yeah, they were productive just in one way - to make parts of system who collect money from investors - wallet ,Minexbank, Instabuy They made OTC option only for buying MNX coins InstaBuy, but not InstaSell as OTC selling option. Money outflow is not allowed Logically,bank should have both options, Buy and Sell ,as a tools for regulating supply and demand. It is absolutely necessary if you want to regulate price of coins,like it was promised in whitelist. Not making InstaSell option was a clear sign that whole project is one way trip. How much time do you think they have before they use their exit strategy and dump everything? They will certainly try to stay afloat until Republia ICO phase is over.It was sheduled for 25th.January.2019 and should last a month. Dump will continue anyway,but full scale will be after Republia ICO is over,after 25th.February. Though,they are on very shaky legs,so if they estimate that Republia will fail,they will dump earlier. Declaring martial law by ukranian president and prepares for war with Russia, brings so much uncertainity ,so that time of final dump can be much closer,depends of political situation. |
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clixcoin
Legendary
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Activity: 1750
Merit: 1004
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November 26, 2018, 06:08:49 PM |
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I thought you got succeed to find the solution how to make that card functional but that is big surprise for me all users have to personally visit to the office to get their card. What is this kind of update still no solution so this war will continue for few more days. |
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Jedgar
Member
Offline
Activity: 219
Merit: 15
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November 26, 2018, 06:09:43 PM |
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Shit test, actually  |
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TeMHuK
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November 26, 2018, 06:12:43 PM |
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I thought you got succeed to find the solution how to make that card functional but that is big surprise for me all users have to personally visit to the office to get their card. What is this kind of update still no solution so this war will continue for few more days. Not all users, but just who want to get test cards. If someone don't want or can't receive card in MNX office he can wait till public test end and get their card by post service. |
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hush
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November 26, 2018, 06:25:09 PM |
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I also have this question when you will give final date to delivery of this card what is going on in this project that is very terrible to see. Only release of this card could help to get this back on the card otherwise it will keep crashing. |
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TeMHuK
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November 26, 2018, 06:42:34 PM |
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I also have this question when you will give final date to delivery of this card what is going on in this project that is very terrible to see. Only release of this card could help to get this back on the card otherwise it will keep crashing. Now You can get card at any time in the office of Minexsystems. But if you can't to get there personally please wait till end of the public test. |
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thunderjet
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November 26, 2018, 06:46:55 PM |
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I was right completely. Minex does not have working cards at all and is misleading theirs customers all the time.From reading theirs post on Medium few conclusions came up: - they have not crypto working card
- they took company cards from ukranian Privat Bank which can be used only to test theirs application and nothing else
- VISA/Mastercard does not allow using third parties cards for your own customers - cant give bank cards to your own customers
- to get really working cards,they will need to fill sub-issue request to get valid branded cards with theirs logo on them, goes through all necessary regulations,gets VISA/Mastercard approval of card design and makes a contract with card manufacturer.
- they are on the beginning of this long and complicate procedure and as based on experiences of others,bigger companies,they will need 8-10 months to finish it if and only if they have fully qualified people to do it.If all goes well we can expect fully working card for 8-10 months,sometimes in September 2019
- Temhuk used VISA Gold card for alleged testing,but Minex now is saying that they are using for testing bank Mastercard euro card.God knows what is happenning there
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TeMHuK
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November 26, 2018, 07:15:10 PM |
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I thought you got succeed to find the solution how to make that card functional but that is big surprise for me all users have to personally visit to the office to get their card. What is this kind of update still no solution so this war will continue for few more days. yeah. That's true, a lot of people can't believe in that. But who cares, I have my card in my pocket and I can use it thru Minexpay at any time. Does not matter what FUDers say. |
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Bgbolahan
Newbie
Offline
Activity: 173
Merit: 0
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November 26, 2018, 07:31:21 PM |
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I was right completely. Minex does not have working cards at all and is misleading theirs customers all the time.From reading theirs post on Medium few conclusions came up: - they have not crypto working card
- they took company cards from ukranian Privat Bank which can be used only to test theirs application and nothing else
- VISA/Mastercard does not allow using third parties cards for your own customers - cant give bank cards to your own customers
- to get really working cards,they will need to fill sub-issue request to get valid branded cards with theirs logo on them, goes through all necessary regulations,gets VISA/Mastercard approval of card design and makes a contract with card manufacturer.
- they are on the beginning of this long and complicate procedure and as based on experiences of others,bigger companies,they will need 8-10 months to finish it if and only if they have fully qualified people to do it.If all goes well we can expect fully working card for 8-10 months,sometimes in September 2019
- Temhuk used VISA Gold card for alleged testing,but Minex now is saying that they are using for testing bank Mastercard euro card.God knows what is happenning there
http://i64.tinypic.com/33zfn7r.jpgThe card is both mastercard and visa,Today crypto rich said he got mastercard for the test card in his video. And about minexpay branded card it was mentioned in the article Naturally, MinexPay users will still get a new MinexPay branded card after the test complete. We believe that this test will confirm that everything is set up correctly and our Minex Web Wallet will work as intended — fast and easy. In addition, given the design of the Minex Web Wallet service, Chain2Pay considers an option of connecting users’ own cards to the Minex Web Wallet in the future. |
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YuSK
Jr. Member
Offline
Activity: 126
Merit: 6
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November 26, 2018, 07:33:22 PM |
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I was right completely. Minex does not have working cards at all and is misleading theirs customers all the time.From reading theirs post on Medium few conclusions came up: - they have not crypto working card
- they took company cards from ukranian Privat Bank which can be used only to test theirs application and nothing else
- VISA/Mastercard does not allow using third parties cards for your own customers - cant give bank cards to your own customers
- to get really working cards,they will need to fill sub-issue request to get valid branded cards with theirs logo on them, goes through all necessary regulations,gets VISA/Mastercard approval of card design and makes a contract with card manufacturer.
- they are on the beginning of this long and complicate procedure and as based on experiences of others,bigger companies,they will need 8-10 months to finish it if and only if they have fully qualified people to do it.If all goes well we can expect fully working card for 8-10 months,sometimes in September 2019
- Temhuk used VISA Gold card for alleged testing,but Minex now is saying that they are using for testing bank Mastercard euro card.God knows what is happenning there
They are flying that Crypto Rich youtube clown out now again to due another paid promotion |
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thunderjet
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November 26, 2018, 07:59:01 PM |
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I was right completely. Minex does not have working cards at all and is misleading theirs customers all the time.From reading theirs post on Medium few conclusions came up: - they have not crypto working card
- they took company cards from ukranian Privat Bank which can be used only to test theirs application and nothing else
- VISA/Mastercard does not allow using third parties cards for your own customers - cant give bank cards to your own customers
- to get really working cards,they will need to fill sub-issue request to get valid branded cards with theirs logo on them, goes through all necessary regulations,gets VISA/Mastercard approval of card design and makes a contract with card manufacturer.
- they are on the beginning of this long and complicate procedure and as based on experiences of others,bigger companies,they will need 8-10 months to finish it if and only if they have fully qualified people to do it.If all goes well we can expect fully working card for 8-10 months,sometimes in September 2019
- Temhuk used VISA Gold card for alleged testing,but Minex now is saying that they are using for testing bank Mastercard euro card.God knows what is happenning there
The card is both mastercard and visa,Today crypto rich said he got mastercard for the test card in his video. And about minexpay branded card it was mentioned in the article Naturally, MinexPay users will still get a new MinexPay branded card after the test complete. We believe that this test will confirm that everything is set up correctly and our Minex Web Wallet will work as intended — fast and easy. In addition, given the design of the Minex Web Wallet service, Chain2Pay considers an option of connecting users’ own cards to the Minex Web Wallet in the future.Card cant be both VISA and Mastercard.  Minex in theirs statement explicitly said they are testing Privat Bank Mastercard euro card.No mention about VISA at all. Minex can test theirs application with bank cards ,but to get valid ,branded card with its logo ,they will have to fill request for sub-issueing,accomplish all neccessary regulatory things and Mastercard terms.It is not an easy task to accomplish.Much more serious companies which issued crypto related cards needed 8-10 months for that. |
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TeMHuK
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November 26, 2018, 08:14:53 PM |
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I was right completely. Minex does not have working cards at all and is misleading theirs customers all the time.From reading theirs post on Medium few conclusions came up:
- they have not crypto working card
- they took company cards from ukranian Privat Bank which can be used only to test theirs application and nothing else
- VISA/Mastercard does not allow using third parties cards for your own customers - cant give bank cards to your own customers
- to get really working cards,they will need to fill sub-issue request to get valid branded cards with theirs logo on them, goes through all necessary regulations,gets VISA/Mastercard approval of card design and makes a contract with card manufacturer.
- they are on the beginning of this long and complicate procedure and as based on experiences of others,bigger companies,they will need 8-10 months to finish it if and only if they have fully qualified people to do it.If all goes well we can expect fully working card for 8-10 months,sometimes in September 2019
- Temhuk used VISA Gold card for alleged testing,but Minex now is saying that they are using for testing bank Mastercard euro card.God knows what is happenning there
The card is both mastercard and visa,Today crypto rich said he got mastercard for the test card in his video. And about minexpay branded card it was mentioned in the article Naturally, MinexPay users will still get a new MinexPay branded card after the test complete[/b]. We believe that this test will confirm that everything is set up correctly and our Minex Web Wallet will work as intended — fast and easy. In addition, given the design of the Minex Web Wallet service, Chain2Pay considers an option of connecting users’ own cards to the Minex Web Wallet in the future.
Card cant be both VISA and Mastercard. Minex in theirs statement explicitly said they are testing Privat Bank Mastercard euro card.No mention about VISA at all.
Minex can test theirs application with bank cards ,but to get valid ,branded card with its logo ,they will have to fill request for sub-issueing,accomplish all neccessary regulatory things and Mastercard terms.It is not an easy task to accomplish.Much more serious companies which issued crypto related cards needed 8-10 months for that.
You can choose which card you want Visa or Mastercard it does not matter they have both. Test cards will be liked to Minexpay account and topped up. That is NOT crypto card. They don't need to get any licenses for that. Simply understand, your researches are useless because cards are working and anyone can get test card if MNX office now. If you can't trust in facts please go away. |
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thunderjet
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November 26, 2018, 08:23:28 PM |
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I was right completely. Minex does not have working cards at all and is misleading theirs customers all the time.From reading theirs post on Medium few conclusions came up: - they have not crypto working card
- they took company cards from ukranian Privat Bank which can be used only to test theirs application and nothing else
- VISA/Mastercard does not allow using third parties cards for your own customers - cant give bank cards to your own customers
- to get really working cards,they will need to fill sub-issue request to get valid branded cards with theirs logo on them, goes through all necessary regulations,gets VISA/Mastercard approval of card design and makes a contract with card manufacturer.
- they are on the beginning of this long and complicate procedure and as based on experiences of others,bigger companies,they will need 8-10 months to finish it if and only if they have fully qualified people to do it.If all goes well we can expect fully working card for 8-10 months,sometimes in September 2019
- Temhuk used VISA Gold card for alleged testing,but Minex now is saying that they are using for testing bank Mastercard euro card.God knows what is happenning there
The card is both mastercard and visa,Today crypto rich said he got mastercard for the test card in his video. And about minexpay branded card it was mentioned in the article Naturally, MinexPay users will still get a new MinexPay branded card after the test complete[/b]. We believe that this test will confirm that everything is set up correctly and our Minex Web Wallet will work as intended — fast and easy. In addition, given the design of the Minex Web Wallet service, Chain2Pay considers an option of connecting users’ own cards to the Minex Web Wallet in the future.
Card cant be both VISA and Mastercard. Minex in theirs statement explicitly said they are testing Privat Bank Mastercard euro card.No mention about VISA at all.
Minex can test theirs application with bank cards ,but to get valid ,branded card with its logo ,they will have to fill request for sub-issueing,accomplish all neccessary regulatory things and Mastercard terms.It is not an easy task to accomplish.Much more serious companies which issued crypto related cards needed 8-10 months for that.
You can choose which card you want Visa or Mastercard it does not matter they have both. Test cards will be liked to Minexpay account and topped up. That is NOT crypto card. They don't need to get any licenses for that. Simply understand, your researches are useless because cards are working and anyone can get test card if MNX office now. If you can't trust in facts please go away. As I said before - it is true that Minex does not need license for company cards. But if Minex want to issue cards to their customers it will need valid,branded cards and contract about sub-issueing and to pass through all necessary procedures and regulations. My research was completely confirmed today and Minex representatives are now wiggling in the net of lies they made. |
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TeMHuK
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November 26, 2018, 08:26:58 PM |
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I was right completely. Minex does not have working cards at all and is misleading theirs customers all the time.From reading theirs post on Medium few conclusions came up:
- they have not crypto working card
- they took company cards from ukranian Privat Bank which can be used only to test theirs application and nothing else
- VISA/Mastercard does not allow using third parties cards for your own customers - cant give bank cards to your own customers
- to get really working cards,they will need to fill sub-issue request to get valid branded cards with theirs logo on them, goes through all necessary regulations,gets VISA/Mastercard approval of card design and makes a contract with card manufacturer.
- they are on the beginning of this long and complicate procedure and as based on experiences of others,bigger companies,they will need 8-10 months to finish it if and only if they have fully qualified people to do it.If all goes well we can expect fully working card for 8-10 months,sometimes in September 2019
- Temhuk used VISA Gold card for alleged testing,but Minex now is saying that they are using for testing bank Mastercard euro card.God knows what is happenning there
[/b]
The card is both mastercard and visa,Today crypto rich said he got mastercard for the test card in his video. And about minexpay branded card it was mentioned in the article Naturally, MinexPay users will still get a new MinexPay branded card after the test complete[/b]. We believe that this test will confirm that everything is set up correctly and our Minex Web Wallet will work as intended — fast and easy. In addition, given the design of the Minex Web Wallet service, Chain2Pay considers an option of connecting users’ own cards to the Minex Web Wallet in the future.
Card cant be both VISA and Mastercard. Minex in theirs statement explicitly said they are testing Privat Bank Mastercard euro card.No mention about VISA at all.
Minex can test theirs application with bank cards ,but to get valid ,branded card with its logo ,they will have to fill request for sub-issueing,accomplish all neccessary regulatory things and Mastercard terms.It is not an easy task to accomplish.Much more serious companies which issued crypto related cards needed 8-10 months for that.
You can choose which card you want Visa or Mastercard it does not matter they have both. Test cards will be liked to Minexpay account and topped up. That is NOT crypto card. They don't need to get any licenses for that. Simply understand, your researches are useless because cards are working and anyone can get test card if MNX office now. If you can't trust in facts please go away. As I said before - it is true that Minex does not license for company cards. But if Minex want to issue cards to their customers it will need valid,branded cards and contract about sub-issueing and to pass through all necessary procedures and regulations. My research was completely confirmed today and Minex representatives are now wiggling in the net of lies they made.Your researches is not penny worth because MNX have nothing to hide. Everything is in the official new. As well like they can connect to the Minexpay any card in the word. |
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Bgbolahan
Newbie
Offline
Activity: 173
Merit: 0
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November 26, 2018, 08:27:28 PM |
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I was right completely. Minex does not have working cards at all and is misleading theirs customers all the time.From reading theirs post on Medium few conclusions came up: - they have not crypto working card
- they took company cards from ukranian Privat Bank which can be used only to test theirs application and nothing else
- VISA/Mastercard does not allow using third parties cards for your own customers - cant give bank cards to your own customers
- to get really working cards,they will need to fill sub-issue request to get valid branded cards with theirs logo on them, goes through all necessary regulations,gets VISA/Mastercard approval of card design and makes a contract with card manufacturer.
- they are on the beginning of this long and complicate procedure and as based on experiences of others,bigger companies,they will need 8-10 months to finish it if and only if they have fully qualified people to do it.If all goes well we can expect fully working card for 8-10 months,sometimes in September 2019
- Temhuk used VISA Gold card for alleged testing,but Minex now is saying that they are using for testing bank Mastercard euro card.God knows what is happenning there
http://i64.tinypic.com/33zfn7r.jpgThe card is both mastercard and visa,Today crypto rich said he got mastercard for the test card in his video. And about minexpay branded card it was mentioned in the article Naturally, MinexPay users will still get a new MinexPay branded card after the test complete[/b]. We believe that this test will confirm that everything is set up correctly and our Minex Web Wallet will work as intended — fast and easy. In addition, given the design of the Minex Web Wallet service, Chain2Pay considers an option of connecting users’ own cards to the Minex Web Wallet in the future.
Card cant be both VISA and Mastercard. Minex in theirs statement explicitly said they are testing Privat Bank Mastercard euro card.No mention about VISA at all.
Minex can test theirs application with bank cards ,but to get valid ,branded card with its logo ,they will have to fill request for sub-issueing,accomplish all neccessary regulatory things and Mastercard terms.It is not an easy task to accomplish.Much more serious companies which issued crypto related cards needed 8-10 months for that.
You can choose which card you want Visa or Mastercard it does not matter they have both. Test cards will be liked to Minexpay account and topped up. That is NOT crypto card. They don't need to get any licenses for that. Simply understand, your researches are useless because cards are working and anyone can get test card if MNX office now. If you can't trust in facts please go away. As I said before - it is true that Minex does not license for company cards. But if Minex want to issue cards to their customers it will need valid,branded cards and contract about sub-issueing and to pass through all necessary procedures and regulations. My research was completely confirmed today and Minex representatives are now wiggling in the net of lies they made.Wait and see at the end of testing if they deliver you branded minexpay card or not |
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