Minexcoin - A new era of payments

[the_thing]

Here: https://minexbank.com/memorandum

"With the view of further qualitative growth of the Minexcoin community, MinexBank introduces a system of diversifying interest rates depending on the amount of parked coins. Now the parking rates will increase not only as the parking period increases, but also as the amount of parked coins increases. Depending on the amount, four groups are set up for parking. Each group will have its own correction factor, which will be multiplied by the established rates for parking lots. The table below shows the calculation of rates using correction factors for different groups of parking, depending on the amount of parked coins. Thus, every member of the community, despite the planned reduction of interest on parking, has the opportunity to strengthen their positions and maintain profitability by increasing the amount of parked MNX."

Parking rates, (%)

Really don't like the new parking rates. This could further hurt the price.

Don't you guys think it's too soon for rate drop or is it just me?

In the long run its good. The rates must drop. Minexbank mudt become self sufficient.
if they didn't think about the price then, when minexbank funds get depleted.

Also I think this is good measure for when many new players join the project when thr cards release.
many which will have 100 mnx or so. All those people together create huge pressure of minexbank if rates weren't cut
Current holders, most which have more then 100, won't be punished bad this way by influx of new small players. Something which would have happened when the minexbank rates would have to be cut across the board when the minexbank reserve depletes.

You should have dropped the parking rates when you were about to ship the cards to the customer.

I don't think now was an ideal time for rate drop because as you can see it's hurting the price.

[mkmdoc]

Not only with their announcement but also due to the market situation the price of MNX coin decreased a lot, due to many predictions from an expert the price of Bitcoin will follow even to lower value. It will effect the other coins, so we need to be very careful with the market situations.

[shinratensei_]

Here: https://minexbank.com/memorandum

"With the view of further qualitative growth of the Minexcoin community, MinexBank introduces a system of diversifying interest rates depending on the amount of parked coins. Now the parking rates will increase not only as the parking period increases, but also as the amount of parked coins increases. Depending on the amount, four groups are set up for parking. Each group will have its own correction factor, which will be multiplied by the established rates for parking lots. The table below shows the calculation of rates using correction factors for different groups of parking, depending on the amount of parked coins. Thus, every member of the community, despite the planned reduction of interest on parking, has the opportunity to strengthen their positions and maintain profitability by increasing the amount of parked MNX."

Parking rates, (%)

Really don't like the new parking rates. This could further hurt the price.

Don't you guys think it's too soon for rate drop or is it just me?

In the long run its good. The rates must drop. Minexbank mudt become self sufficient.
if they didn't think about the price then, when minexbank funds get depleted.

Also I think this is good measure for when many new players join the project when thr cards release.
many which will have 100 mnx or so. All those people together create huge pressure of minexbank if rates weren't cut
Current holders, most which have more then 100, won't be punished bad this way by influx of new small players. Something which would have happened when the minexbank rates would have to be cut across the board when the minexbank reserve depletes.

"won't be punished "
Anyone who listened  advice to park mnx whole this year and advice to be patent becouse this is long therm project is punished on hardest posible way .......and get  a one big red dildo  MNX REKT ( like project )

From $56 to $0,61 , 92x drop in a year, huge meltdown.

Yes, and I say that despite all the successes, it is obvious that the cost is only falling. It seems that the creators themselves do not believe in their project and just drain their tokens.

Then can i call him as a scammer? We should find him lol but for those people are believing in this shit must feel disappointed with this one. Minexbank will bankrupt as fast as possible. This project will be dead because the owner has no clue about its own project. what a shame lol

[JollyGood]

MNX are just $0.58






MNX = $0.58
Market Cap $2,730,131 USD or 799 BTC
24hr Volume $33,791 USD or 9.88 BTC

Less than a year ago this scam was had a market capital of over $169 million with each MNX selling for over 0.0048 BTC.

Now it has a market capital of just $2.7 million with each MNX selling for just 0.00017312

[Bgbolahan]

MNX are just $0.58

http://i68.tinypic.com/2wez60x.png




MNX = $0.58
Market Cap $2,730,131 USD or 799 BTC
24hr Volume $33,791 USD or 9.88 BTC

Less than a year ago this scam was had a market capital of over $169 million with each MNX selling for over 0.0048 BTC.

Now it has a market capital of just $2.7 million with each MNX selling for just 0.00017312

What happen to ETH price? From 1200+$ to $86, it is a scam too?

[JollyGood]

Where are fudders these days,have they surrender?

I also missing these comments now it turned into very boring thread and no more new pages are being created like before. This is really strange what is the conclusion of this war and who is right?

Minexpay has released test card and it works very fine without problem so far and i think the final card is very soon now.

It is test card only,for testing Minex software.You can test any card,it is not a problem. It is not card for customers.

Final card issuing is on a long,long shot. They dont have even a contract with card issuer,not to mention fullfiling all regulations and procedures after it.

When and if they make a such contract, they will need in the best case scenario at least 6-8 months to finish it and if all goes smoothly.

So,first lets wait if they will find card issuer who is willing to work with them. Making fuss that test cards are the ones for customers is wrong and misleading.

First contract about sub-issuing ,then we will see.

There are NO cards.

These so-called "test" cards are using EUR transactions just like any other company would test cards if they applied for it 

Soon Borys and his sidekicks will tell us that "Novarise" will get cards for them..... again....

MINEXPAY/MINEXSYSTEM/MINEXCOIN = SCAM

 

[bet1102]

Where are fudders these days,have they surrender?

I also missing these comments now it turned into very boring thread and no more new pages are being created like before. This is really strange what is the conclusion of this war and who is right?

Minexpay has released test card and it works very fine without problem so far and i think the final card is very soon now.

It is test card only,for testing Minex software.You can test any card,it is not a problem. It is not card for customers.

Final card issuing is on a long,long shot. They dont have even a contract with card issuer,not to mention fullfiling all regulations and procedures after it.

When and if they make a such contract, they will need in the best case scenario at least 6-8 months to finish it and if all goes smoothly.

So,first lets wait if they will find card issuer who is willing to work with them. Making fuss that test cards are the ones for customers is wrong and misleading.

First contract about sub-issuing ,then we will see.

There are NO cards.

These so-called "test" cards are using EUR transactions just like any other company would test cards if they applied for it 

Soon Borys and his sidekicks will tell us that "Novarise" will get cards for them..... again....

MINEXPAY/MINEXSYSTEM/MINEXCOIN = SCAM

 

Don't Cry Jolly
You see, it's bear market. Top 10 CMC also down and will down more

[JollyGood]

Don't Cry Jolly
You see, it's bear market. Top 10 CMC also down and will down more

I never cry 

I am just upset at the money Borys and his team have scammed from newbies and gullible investors.

No matter what happens to the market in general the fact is MNX and Republia are scams. They have been exposed.

[YuSK]

MNX are just $0.58






MNX = $0.58
Market Cap $2,730,131 USD or 799 BTC
24hr Volume $33,791 USD or 9.88 BTC

Less than a year ago this scam was had a market capital of over $169 million with each MNX selling for over 0.0048 BTC.

Now it has a market capital of just $2.7 million with each MNX selling for just 0.00017312

What happen to ETH price? From 1200+$ to $86, it is a scam too?

ETH still up hundreds of percent from when it began and will likely still be around in 5 years. Will this Minex Scamcoin be around in 2 weeks?

[TeMHuK]

FuDDers are back. Now we know it's only one person who's FUdding here. Don't listen him, he is idiot.

[JollyGood]

I still have so many propaganda spreading paid trolls on IGNORE because I do not want to read their scam posts

Still I have decided to write here from time to time just advise newbies and gullible investors that these Minexsystem/Minexcoin/Minexpay scammers will steal from them.

MNX = SCAM

[thunderjet]

MNX are just $0.58






MNX = $0.58
Market Cap $2,730,131 USD or 799 BTC
24hr Volume $33,791 USD or 9.88 BTC

Less than a year ago this scam was had a market capital of over $169 million with each MNX selling for over 0.0048 BTC.

Now it has a market capital of just $2.7 million with each MNX selling for just 0.00017312

What happen to ETH price? From 1200+$ to $86, it is a scam too?

ETH dropped 14x, MNX 100x, so there is a quite a difference.

ETH didnt promise anything about price range, Minex one of fundamentals was the promise of using price regulation mechanism and keeping price in the tight range.

Due to this,investors saw Minex as a safe haven,but Minex didnt keep promise(not just that,but all of them - whitelist projects,payment card) at all and project turned to hell for investors.That is why they called Minex scam.

Cant expect anything else from people who lost so much money,because they believed that Minex team was serious.

[JollyGood]

ETH dropped 14x, MNX 100x, so there is a quite a difference.

ETH didnt promise anything about price range, Minex one of fundamentals was the promise of using price regulation mechanism and keeping price in the tight range.

Due to this,investors saw Minex as a safe haven,but Minex didnt keep promise(not just that,but all of them - whitelist projects,payment card) at all and project turned to hell for investors.That is why they called Minex scam.

Cant expect anything else from people who lost so much money,because they believed that Minex team was serious.

I saw the video of the "test" card transactions by scammer temhuk.

What a scam video! It is just a normal "test" card that all VISA/Mastercard companies give to those that want to "test" it. The "test" transactions were in EURO.

[TeMHuK]

Minexcoin is attacked by one dumb FUDder. He was banned for one week and now he is back. Let's ban him again.

[JollyGood]

In the scam video it is clear the part where crypto is converted to FIAT and stored in the pre-paid card balance is a separate issue to simply having a EURO balance which was used to make a transaction which took a staggering 5 minutes just to show up in the account balance after so many page refreshes.

Borys and his sidekick temhuk have tried to sell the video as a crypto Mastercard but it is nothing except a simple/usual/regular/standard Mastercard test card with no connection whatsoever to crypto.

MNX is finished.

Scammer temhuk is in deep financial trouble so needs to keep pushing propaganda otherwise he will lose all his investment.

[mr.pacy.mf]

Borise jebem li ti pleme zalno ja ono lopovsko ,prevarantsko.....CRKO DABOGDA

[nabilapimpo]

is it just a scam? If they have seen the number of transactions that are large enough, of course this is very unfortunate, it is a cause of why we need to be cautious in entering our investment so as not to get caught out by scams.

[TeMHuK]

is it just a scam? If they have seen the number of transactions that are large enough, of course this is very unfortunate, it is a cause of why we need to be cautious in entering our investment so as not to get caught out by scams.

It's 100% alive project. Simply one mentally sick idiot with nickname Jollygood and couple of his accounts attacking it with lies.

[Dirtpaw]

is it just a scam? If they have seen the number of transactions that are large enough, of course this is very unfortunate, it is a cause of why we need to be cautious in entering our investment so as not to get caught out by scams.

It's 100% alive project. Simply one mentally sick idiot with nickname Jollygood and couple of his accounts attacking it with lies.

Its 100% full of lies project, that attacks its holders and investors with lies and deceit. 2 years has passed since this fraudulent ICO finished.

https://medium.com/@minecoinorg/the-first-ico-stage-is-successfully-completed-3b76a7bc7025

Who is this mystery partner bank that "bought" all the unsold ICO coins to make this ICO complete? There were not enough interest for this coin so ICO fell short of its target BTC count and suddenly some european bank came and bought Minexcoin, a cryptocurrency, the very same thing that banks hate. This doesnt make no sense. If the ICO BTC target would not have been met, then the team would have returned all the investors BTC as was clearly stated as a guarantee when ICO didnt met its targets.

That same bank was supposed to be revealed when the transaction was finsihed in march 2017. Almost 2 years later still nothing announced.

[Bgbolahan]

In the scam video it is clear the part where crypto is converted to FIAT and stored in the pre-paid card balance is a separate issue to simply having a EURO balance which was used to make a transaction which took a staggering 5 minutes just to show up in the account balance after so many page refreshes.

Borys and his sidekick temhuk have tried to sell the video as a crypto Mastercard but it is nothing except a simple/usual/regular/standard Mastercard test card with no connection whatsoever to crypto.

MNX is finished.

Scammer temhuk is in deep financial trouble so needs to keep pushing propaganda otherwise he will lose all his investment.

Lolz... What is your point here,can't figure it out? It was cleared to me that you have to convert your crypto to fiat first because of security issues before you use the card to spend,so what is scam there?