Minexcoin - A new era of payments

[1amCrypt0]

What the hell is happening in this thread with all the big pictures and fishy comments..? 

If you are surprised, then I assume that you are new to crypto world. Even the best projects have fudders, they are needed to create dump or panic sell for the real traders have the opportunity to jump in.

[catfish78]

Has anyone got any money back from MinexPay?  or is this money totally lost...

[Bgbolahan]

it's some joke, every months they have a new bank?
you make video that test card work and 2 week after that MNX start public test? If want to participate just fly to Kiev, what is 1000+ km and 1000+$ and 2 days to test fabulous MNX TEST card! If everything work why still test period?

They are fooling you around. Dont waste yours money on senseless trip.

There are no valid cards. They are "testing" ordinary company cards on theirs application and nothing more.They can test them indefinetely, but still cant send them to customers,because VISA/Mastercard dont allow companies to use other companies cards for theirs customers.

They need to fill request for sub-issuing cards,goes through all necessary regulations and procedures, gets VISA/Mastercard approval of card design and make a contract with card manufacturer about chip they will use and number of cards they want.It is long goal,all others companies needed 8-10 months to accomplish this.

They have been processing these card for long and we are told that the branded card is ready according to what boris said late last month

No, they have been talking so long about card,not processing. Actually they are on the very beginning of this process. They even didnt fill request for sub-issuing of branded card,not to mention multi-month long fulfillment of neccessary regulations and procedures.

I have impression that they really dont care at all about card issuing.If they really care they would not enter into testing cards which were never meant to be issued to customers. Logical step would be to first finish all regulations and procedures work and then when you get all licenses and cards came from manufacturer, test first batch of cards( actually they are not testing cards,but theirs software, is it compatible or not)  before send them to customers.

What is point of testing cards if you know these are not cards which customers will get

Just another stalling.

The article explain it as you do and they admit that they need to take some steps to get their own branded card

Take a look from the article:

"Another advantage of MinexPay is if the wallet subsystems work impeccably, we can add virtually any card as the issuer does not matter. Such design also doesn’t really require a contract with a bank unless we are ready to issue branded cards."

Looking Further

"Naturally, MinexPay users will still get a new MinexPay branded card after the test complete."

Yes,at first ,they admit how these so call test cards are not real cards and how they need issuing contract,but in the next sentence they told lie to users how they will get branded card after test complete.

Question is , how they will deliver branded cards after test completition,when they even didnt fill request for sub-issuing. They lie to the customers.Half-truths,lies, classical misleading.

Instead of sensless testing of cards which are not these ones who customers will get,they should first fill request for sub-issuing and fulfill all necessary regulatory work and procedures and then and only then to test first batch of valid cards(not cards really,but Minex software).

They cant do such complex work for a few days, they need several months of hard work to accomplish that.

So,pointless testing of cards which are not these ones designate to customers is just a distracting of angry people and buying some more precious time for Minex to survive, until theirs new ICO ,Republia finish collecting money from gullable investors attracted with same lies as was the case with Minex.  

The same team who lead Minex are preparing of launching theirs new ICO, Republia who will has hard cap 20x bigger than Minex and share same flawed financial construction Minex has:

- same disastrous 70% yearly interest parking rate,
- same failed principle of currency holding in tight price range
- same debit card program with a change to use USDR tokens as a payment tool for card,despite that VISA and Mastercard dont allow using anything else except fiat currencies for theirs cards


This is a real reason for pointless testing of cards which customers will never use.

Boris said the branded card are ready and won't disclose the issuing bank until shipping start (all documents and legal works involved has been concluded) that was after CSOB deal fell off

I can Recall clearly in telegram group, At the start of this card process,He said they were working with many banks to issue their own branded card and that was in march. The deal with CSOB wasn't the only deal for the card,they have other banks they are working with in other country,so i think they got their card already.

Please ,look carefully at theirs article to Medium,especially on this sentence:

"Such design also doesn’t really require a contract with a bank unless we are ready to issue branded cards. Precisely for that reason, we decided to initiate a public test "

Boris is lying people. For branded card they must have contract for branded card sub-issuing,to finish all regulatory work and necessary procedures,to get design approval from Mastercard and to make a contract with card manufacturer. Plus Privat Bank has no license for worldwide distribution.

They have absolutely nothing. Minex didnt even fill request for sub-issuing. One logical question - if Minex has already branded cards why it is testing cards which are not the ones for customers

It is all just distraction.


In first interview to CryptoRich,Boris said how they collected $1.5 million dollars during pre-ICO and that is more than enough money to realize complete whitelist. Together in pre-ICO and ICO ,Minex collected about $3 millions dollars.

For one year they sold 1.4 million premined MNX coins and got at least another $ 7 million dollars.

In total that is about $ 10 millions. With only 5% of these money ,Minex could realize complete whitelist. They didnt realize nothing and investors money is gone with a wind.

Major question here is - if money didnt spend on whitelist ,where it is ? You dont have not be a genius to understand that most of money was finished in Boris hands and that part of it was used to finance another ICO - Republia, which is in essence Minex 2.0 version

So,all fuss about cards is just distraction,so nobody will ask where the money is gone.

Lolz....i seem you don't understand how the card start at the beginning, i wish they wil make full explanation on how they got the card. The branded card wont come from privatBank as i understood so far

Nobody know who will be issuer of card,because Minex didnt make contract yet.

I explained zillion times  complete procedure and that is not an easy task,but task which takes months for complete realization.

Testing cards which are not these ones designated for customers is senseless and misleading of people.

If Minex wants to get some credibilty,than it has at least to make a contract about sub-issuing of branded cards,reveal contractor and show it to the users. Trust has to be earned.

I am sure everything will be reveal when shipping start

Cant shipping anything before Minex make valid contract for cards sub-issuing.

So, first contract about issuing branded cards with Minex logo,then finishing regulatory things and procedures, then Mastercard approval of card design,then contract with card manufacturer and then testing software,not cards and finally first shipping to the customers.

It is a long,long way until shipping.If Minex follow necessary procedures, it can take 8-10 months, if not , Mastercard will cancel cards.

What will be depends solely from Minex.

How are you sure that they haven't gone through all those processes?

Am sure what you are thinking is that CSOB is the only bank they are in contract with

[btcyoda]

What the hell is happening in this thread with all the big pictures and fishy comments..? 

If you are surprised, then I assume that you are new to crypto world. Even the best projects have fudders, they are needed to create dump or panic sell for the real traders have the opportunity to jump in.

Agree! already the market went down very quickly in the market and the price of Minex coin is already low in the market which we cannot able to predict whether it will recover or not due to lot negative things happening from fudders. But the team is actively giving positive updates about their progress.

[thunderjet]

Has anyone got any money back from MinexPay?  or is this money totally lost...

Nope. That is one way process - you can give money to them not vice versa

That is why we have only InstaBuy and not InstaSell.

Boris like money inflow,not outflow :

It is First Ferengi Rule of Aquisition -  Once you have their money, never give it back


They also used some others Ferengi Rules of Aquisition like:


You can't cheat an honest customer, but it never hurts to try

 If you can't break a contract, bend it

Anything stolen is pure profit

A deal is a deal ... until a better one comes along

Don't lie too soon after a promotion

When the customer is sweating, turn up the heat

 Never place friendship before profit

Never take the last coin, but be sure to get the rest

Never ask when you can take

The vast Majority of the rich in this galaxy did not inherit their wealth; they stole it

When someone says "It's not the money," they're lying

Never admit a mistake if there's someone else to blame

Pursue profit; women come later

Never buy what can be stolen

Get the money first, then let the buyers worry about collecting the merchandise

There's nothing more dangerous than an honest businessman

A smart customer is not a good customer

Greed is eternal

Never trust your customers

 A lie isn't a lie until someone else knows the truth

A lie isn't a lie, it's just the truth seen from a different point of view

The customer is always right ... until you have their cash

A friend is not a friend if he asks for a discount

If you steal it, make sure it has a warranty

More is good, all is better

 A warranty without loop-holes is a liability

A Ferengi without profit is no Ferengi at all

Tell them what they want to hear

Let the buyer beware

Rules are always subject to change

Rules are always subject to interpretation

 A lie is a way to tell the truth to someone who doesn't know

When in doubt, shoot them, take their money, run and blame someone else

There's a sucker born every minute.  Be sure you're the first to find each one

When everything fails - run

[mr.pacy.mf]

Has anyone got any money back from MinexPay?  or is this money totally lost...

Nope. That is one way process - you can give money to them not vice versa

That is why we have only InstaBuy and not InstaSell.

Boris like money inflow,not outflow :

It is First Ferengi Rule of Aquisition -  Once you have their money, never give it back

while instabuy options exist
There is no chance for  price recovering
Instabuy and Boris with his incompetence and stupidity are carcinoma that lead us to this disaster and to this price

[Bgbolahan]

it's some joke, every months they have a new bank?
you make video that test card work and 2 week after that MNX start public test? If want to participate just fly to Kiev, what is 1000+ km and 1000+$ and 2 days to test fabulous MNX TEST card! If everything work why still test period?

They are fooling you around. Dont waste yours money on senseless trip.

There are no valid cards. They are "testing" ordinary company cards on theirs application and nothing more.They can test them indefinetely, but still cant send them to customers,because VISA/Mastercard dont allow companies to use other companies cards for theirs customers.

They need to fill request for sub-issuing cards,goes through all necessary regulations and procedures, gets VISA/Mastercard approval of card design and make a contract with card manufacturer about chip they will use and number of cards they want.It is long goal,all others companies needed 8-10 months to accomplish this.

They have been processing these card for long and we are told that the branded card is ready according to what boris said late last month

No, they have been talking so long about card,not processing. Actually they are on the very beginning of this process. They even didnt fill request for sub-issuing of branded card,not to mention multi-month long fulfillment of neccessary regulations and procedures.

I have impression that they really dont care at all about card issuing.If they really care they would not enter into testing cards which were never meant to be issued to customers. Logical step would be to first finish all regulations and procedures work and then when you get all licenses and cards came from manufacturer, test first batch of cards( actually they are not testing cards,but theirs software, is it compatible or not)  before send them to customers.

What is point of testing cards if you know these are not cards which customers will get

Just another stalling.

The article explain it as you do and they admit that they need to take some steps to get their own branded card

Take a look from the article:

"Another advantage of MinexPay is if the wallet subsystems work impeccably, we can add virtually any card as the issuer does not matter. Such design also doesn’t really require a contract with a bank unless we are ready to issue branded cards."

Looking Further

"Naturally, MinexPay users will still get a new MinexPay branded card after the test complete."

Yes,at first ,they admit how these so call test cards are not real cards and how they need issuing contract,but in the next sentence they told lie to users how they will get branded card after test complete.

Question is , how they will deliver branded cards after test completition,when they even didnt fill request for sub-issuing. They lie to the customers.Half-truths,lies, classical misleading.

Instead of sensless testing of cards which are not these ones who customers will get,they should first fill request for sub-issuing and fulfill all necessary regulatory work and procedures and then and only then to test first batch of valid cards(not cards really,but Minex software).

They cant do such complex work for a few days, they need several months of hard work to accomplish that.

So,pointless testing of cards which are not these ones designate to customers is just a distracting of angry people and buying some more precious time for Minex to survive, until theirs new ICO ,Republia finish collecting money from gullable investors attracted with same lies as was the case with Minex.  

The same team who lead Minex are preparing of launching theirs new ICO, Republia who will has hard cap 20x bigger than Minex and share same flawed financial construction Minex has:

- same disastrous 70% yearly interest parking rate,
- same failed principle of currency holding in tight price range
- same debit card program with a change to use USDR tokens as a payment tool for card,despite that VISA and Mastercard dont allow using anything else except fiat currencies for theirs cards


This is a real reason for pointless testing of cards which customers will never use.

Boris said the branded card are ready and won't disclose the issuing bank until shipping start (all documents and legal works involved has been concluded) that was after CSOB deal fell off

I can Recall clearly in telegram group, At the start of this card process,He said they were working with many banks to issue their own branded card and that was in march. The deal with CSOB wasn't the only deal for the card,they have other banks they are working with in other country,so i think they got their card already.

Please ,look carefully at theirs article to Medium,especially on this sentence:

"Such design also doesn’t really require a contract with a bank unless we are ready to issue branded cards. Precisely for that reason, we decided to initiate a public test "

Boris is lying people. For branded card they must have contract for branded card sub-issuing,to finish all regulatory work and necessary procedures,to get design approval from Mastercard and to make a contract with card manufacturer. Plus Privat Bank has no license for worldwide distribution.

They have absolutely nothing. Minex didnt even fill request for sub-issuing. One logical question - if Minex has already branded cards why it is testing cards which are not the ones for customers

It is all just distraction.


In first interview to CryptoRich,Boris said how they collected $1.5 million dollars during pre-ICO and that is more than enough money to realize complete whitelist. Together in pre-ICO and ICO ,Minex collected about $3 millions dollars.

For one year they sold 1.4 million premined MNX coins and got at least another $ 7 million dollars.

In total that is about $ 10 millions. With only 5% of these money ,Minex could realize complete whitelist. They didnt realize nothing and investors money is gone with a wind.

Major question here is - if money didnt spend on whitelist ,where it is ? You dont have not be a genius to understand that most of money was finished in Boris hands and that part of it was used to finance another ICO - Republia, which is in essence Minex 2.0 version

So,all fuss about cards is just distraction,so nobody will ask where the money is gone.

Lolz....i seem you don't understand how the card start at the beginning, i wish they wil make full explanation on how they got the card. The branded card wont come from privatBank as i understood so far

Nobody know who will be issuer of card,because Minex didnt make contract yet.

I explained zillion times  complete procedure and that is not an easy task,but task which takes months for complete realization.

Testing cards which are not these ones designated for customers is senseless and misleading of people.

If Minex wants to get some credibilty,than it has at least to make a contract about sub-issuing of branded cards,reveal contractor and show it to the users. Trust has to be earned.

I am sure everything will be reveal when shipping start

Cant shipping anything before Minex make valid contract for cards sub-issuing.

So, first contract about issuing branded cards with Minex logo,then finishing regulatory things and procedures, then Mastercard approval of card design,then contract with card manufacturer and then testing software,not cards and finally first shipping to the customers.

It is a long,long way until shipping.If Minex follow necessary procedures, it can take 8-10 months, if not , Mastercard will cancel cards.

What will be depends solely from Minex.

How are you sure that they haven't gone through all those processes?

Am sure what you are thinking is that CSOB is the only bank they are in contract with

Being in contact and have a contract is two very different things. Iam sure that they would announce on all media news about making sub-issuing contract with some financial entity. No reason to hide such beautiful news.

Iam not thinking that is CSOB bank which very adamantly denied any contact with Minex ,Chain2Pay and Boris Shulayev

Iam sure they havent gone through this,because they didnt make even first step in this process which is making valid contract about payment card sub-issuing with financial organization who has license to provide such services.


 

Oh! I got your point thank for the insight

[MineCoin.org]

Check out our latest operational update to find out about our relationships with partners, the difficulties faced by crypto-related projects and the operational milestones that we’re going to reach with MinexPay shortly.

https://medium.com/@minecoinorg/minexpay-operational-update-whats-next-2083f0c6470a

[crypto42]

I love dem fudders who make posts and sticking to a thing that they have no idea what are they talking.
Yes Minex made a mistake with the cards lol and you start screaming SCAM SCAM SCAM like fucking plebs.
Grow up you fuck ups...stop fudding like pussies and if you think that they have scammed us, there are bigger authorities then us who can handle and manage this...
if you are to brave and strong go talk to them and then let's see what will happen..
but who knows maybe you will get a fine for false information to the public !

plebs... learn something and HODL ... if you think this is a scam I would gladly accept your MinexCoins... until then
shut the fuck up ~!

[Dirtpaw]

Has anyone got any money back from MinexPay?  or is this money totally lost...

No. Still they reply refunds will be processed after cards are shipped. I gave them an ultimatum, if they dont refund me in the next month I will contact Estonian Customer Protection services.

[gefander]

As far as I can adequately judge by the persons listed in the photos, this is a bunch of what a klutz, and the cards there and does not smell. There is some muzzle Protocol.

[Hullo]

I think both parties need empire to decide the the status of project. If I say this is most active thread where accusers are not giving up showing the facts which looks pretty solid and logical. On the other side defense party is keep going on with different explanations and interpretations of there claims. What will be the end of all this now this is the question ?

[ChinkyEyes]

Check out our latest operational update to find out about our relationships with partners, the difficulties faced by crypto-related projects and the operational milestones that we’re going to reach with MinexPay shortly.

https://medium.com/@minecoinorg/minexpay-operational-update-whats-next-2083f0c6470a

I get that it takes a long time to convince a potential card issuer to work with a crypto related company and I get that it needs time to establish a business relationship.

But what I do not get is how are you selling cards(the promise of one) without even having a partnership and focus all your resources on it. Seems like a very risky play.

This all started in Spring, I imagine the developers don't have anything to do with the business side of minexsystems. So before actually focusing a 100% on cards have a few devs work on it and the majority of the devs work on the minexexchange, marketplace and whatever more there was on the original road map.

Besides this recent blog post is like two months too late. These problems you are telling about in the blog minex would of encountered months ago. Trying to create some sort of empathy at this stage seems scammy.

[JollyGood]

Let minexcoin go ahead . There were so many rubbish fuds going around here and it seems They have controlled this thread without any actions from This thread owner .

Rubbish Fud?

Are you fucking blind you CUNT?

Or you a fucking asshole bagholder who hopes to dump his shitcoin on noobs?

Go fucking choke on a dick you prick.

 

 


I had to laugh at that post.

The truth is these scammer will do anything to dump their MNX on newbies and gullible people.

They continue to lie and continue to scam. I hope the Ukrainian police raid their office and arrest them because their whole Minexcoin/Minexpay/Minexsystem project and Republia project are scams.

[YuSK]

Check out our latest operational update to find out about our relationships with partners, the difficulties faced by crypto-related projects and the operational milestones that we’re going to reach with MinexPay shortly.

https://medium.com/@minecoinorg/minexpay-operational-update-whats-next-2083f0c6470a

I get that it takes a long time to convince a potential card issuer to work with a crypto related company and I get that it needs time to establish a business relationship.

But what I do not get is how are you selling cards(the promise of one) without even having a partnership and focus all your resources on it. Seems like a very risky play.

This all started in Spring, I imagine the developers don't have anything to do with the business side of minexsystems. So before actually focusing a 100% on cards have a few devs work on it and the majority of the devs work on the minexexchange, marketplace and whatever more there was on the original road map.

Besides this recent blog post is like two months too late. These problems you are telling about in the blog minex would of encountered months ago. Trying to create some sort of empathy at this stage seems scammy.

There is no minexexchange, marketplace etc... they abandoned all that a long time ago. All they have are these non-existent cards that they promised with 98 percent certainty would be sent in September, This is a SCAM!

[JollyGood]

There is no minexexchange, marketplace etc... they abandoned all that a long time ago. All they have are these non-existent cards that they promised with 98 percent certainty would be sent in September, This is a SCAM!

I really hope the Ukrainian police raid the Minex scammers office and arrest Borys and his team including scammer temhuk.

The scammers deserve to be arrested and thier Minex scam operation shut down.

[TeMHuK]

is it really MNX scam or not ? i read people said scam, i think it's good time to buy it because bitcoin up now

Nope, it's not. The real scam here is JollyGood, the former bitconnect scammer promoting them here on btt. Now that   son of a bitch is trying to hook and  extort  MNX investors

🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇

Warning! Any deal  with  that petty thief behind JollyGood who is known for his   amoral extortions and refusals to pay for the work done is dangerous affair .

Below are scraps from  trust comments he received from those who had the temerity to have deals with him

🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇

🡅🡅🡅��🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅��🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅

🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇🡇

🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅🡅

Thanks, everyone should to know who is Jollygood

[gefander]

I think both parties need empire to decide the the status of project. If I say this is most active thread where accusers are not giving up showing the facts which looks pretty solid and logical. On the other side defense party is keep going on with different explanations and interpretations of there claims. What will be the end of all this now this is the question ?

I do not understand the first way, well, why should they prove something to explain, just let him do his job. People will understand whether it works or not.

[JollyGood]

this is what employees in minexsystem think about you ...



Opinion of employees in minexsystem about you confirmed

Oh well, temhuk should stop going there and giving the "staff" a headache because they are all working for useless MNX tokens insyead of USD$, they have enough problems.

[catfish78]

Has anyone got any money back from MinexPay?  or is this money totally lost...

No. Still they reply refunds will be processed after cards are shipped. I gave them an ultimatum, if they dont refund me in the next month I will contact Estonian Customer Protection services.

Yes, seems that this is the only thing we can do right now... next week, I'm gonna fill a complaint at The Estonian Customer Protection Board.