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Author Topic: [ANN] 🔥Republia: Leading-Edge Ecosystem and Technology  (Read 45239 times)
thunderjet
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December 17, 2018, 07:32:34 PM
 #1961

Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.



Is it possible that people will disassociate Minexsystem/Minexcoin/Minexpay from Republia if Minex actually get cards out there in public hands?

We still wait to see if there will ever be Minexpay cards but regardless people have made the connection between Republia and Minexsystem/Minexpay/Minexcoin that has nothing but negative connotations attached to it.

Both are associated as being either scams or carrying major red flags and people just are not confident investing in these two projects. I am willing to recognise the slight progress made by Minexsystem/Minexcoin with regards to Minexpay cards but we still wait to see cards issued to customers. As for Republia, no chance. They do not deserve the benefit of any doubt.


Unfortunately,they are playing again with theirs customers. They didnt make contract for issuing brand payment cards,but still ,they are pushing as valid these ordinary bank cards as theirs,despite VISA/Mastercard do not allow to use third party cards for your own cusotmers. VISA/Mastercard has 0 tolerance after Wavecrest about it and they will cancel these cards and freeze accounts.

Plus how Minex opens bank accounts remotely for non-ukrainian users,when ukrainian laws demand residence permission in Ukraine, ukrainian phone number for non-residents and personal presence when signing contract with bank. I didnt hear that Minex require from its customers to fly in Ukraine and be present ,so opening bank account cant be realized legally,but only through falsification of residence permission,contact number and customer signature.

It seems that you will prove right when you are talking that police will interfere in it on the end.

 
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December 17, 2018, 07:33:07 PM
 #1962

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid to return money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"


I'll tell you a clever thing. If the goal was to conceal a team with something, and in this case "links with minexcoin", could it hide it? I will give the answer for you - in the end, yes. Did someone do this? Of course not. Therefore, it is not necessary to look for some otherworldly connection. Republia is an open project and even it will take into account the experience and shortcomings of other projects .. This is also not a secret.

Further. Please do not lead the conversation in such a way that the event has already happened, namely the collapse of the "financial system". This is especially true of the Republia project, which has not even passed the ICO stage yet, and you have already decided its fate in the future. Do not make yourself a professor of economics. Needless to say, you're smarter than everyone. It is your opinion. The opinion of the team is painted in white paper, but not in the fullest extent. I will not speak for minexcoin plans - that is their business. I can not imagine them, but just an ordinary investor. The Republia project is discussed here.

ps Moreover, do not fantasize about the bank in which the cards are issued. Well, you do not know! Why are you doing libel now that cards will be issued in Ukraine?
I repeat - you want to discuss the Minexcoin project - they have their own topic.
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December 17, 2018, 08:03:17 PM
 #1963

Unfortunately,they are playing again with theirs customers. They didnt make contract for issuing brand payment cards,but still ,they are pushing as valid these ordinary bank cards as theirs,despite VISA/Mastercard do not allow to use third party cards for your own cusotmers. VISA/Mastercard has 0 tolerance after Wavecrest about it and they will cancel these cards and freeze accounts.

Plus how Minex opens bank accounts remotely for non-ukrainian users,when ukrainian laws demand residence permission in Ukraine, ukrainian phone number for non-residents and personal presence when signing contract with bank. I didnt hear that Minex require from its customers to fly in Ukraine and be present ,so opening bank account cant be realized legally,but only through falsification of residence permission,contact number and customer signature.

It seems that you will prove right when you are talking that police will interfere in it on the end.

I have yurez83 back on IGNORE so cannot read his posts but did read your replies to him.

About their claims, they should have learned their lesson from the Novarise and CSOB bank scandals. I would like to read a reply from the Minex team regarding the issues you raised. Maybe they are holding back on some information about the bank cards or maybe there is another reason for the branded cards issue.

If the Minex team or Temhuk can shed light on this it might become clearer.

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thunderjet
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December 18, 2018, 01:44:20 AM
Last edit: December 18, 2018, 05:51:52 AM by thunderjet
 #1964

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid to return money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"


I'll tell you a clever thing. If the goal was to conceal a team with something, and in this case "links with minexcoin", could it hide it? I will give the answer for you - in the end, yes. Did someone do this? Of course not. Therefore, it is not necessary to look for some otherworldly connection. Republia is an open project and even it will take into account the experience and shortcomings of other projects .. This is also not a secret.

Further. Please do not lead the conversation in such a way that the event has already happened, namely the collapse of the "financial system". This is especially true of the Republia project, which has not even passed the ICO stage yet, and you have already decided its fate in the future. Do not make yourself a professor of economics. Needless to say, you're smarter than everyone. It is your opinion. The opinion of the team is painted in white paper, but not in the fullest extent. I will not speak for minexcoin plans - that is their business. I can not imagine them, but just an ordinary investor. The Republia project is discussed here.

ps Moreover, do not fantasize about the bank in which the cards are issued. Well, you do not know! Why are you doing libel now that cards will be issued in Ukraine?
I repeat - you want to discuss the Minexcoin project - they have their own topic.


You are right about one thing - Republia cant conceals connection with Minex despite all theirs denial.It is futile job.  

Republia and Minex has different whitelist,no doubt in it.But Iam not questioning Republia whitelist ,Iam questioning integrity of people who lead it .What they did in Minex pre-ICO phase was deliberate lying of investors how pre- ICO selling was successfull.Doing it, they avoided to return money to investors. That was not some minor offence,but major breaking of investors rights and trust.In business world they will go to jail for that.

Another question - if Republia leadsership wanted to make a break from Minex why they put Boris Shulayev as advisor? About what he can advise them,after trashing disaster with Minex? How to ruin everything and get away with it? He can be just liability,not asset. Putting Boris as advisor they were put only big warning sign to all investors - Danger ! Scam in progress !

About financial model of Republia - mine question is why Republia leaders didnt make any meaningful explanation to investors how and why they think that Minex financial model which Republia using would not make another crash ,now with Republia. To explain it to you little more colorful - after some time, people realized that one type of cars has a construction defective brakes which can be deadly to drivers and passengers.Now,you go to buy car and cars salesman wants to sell you similar,new type of car ,but with same defective brakes.You ask salesman isnt such defective brakes gonna kill me and he replies to you: Dont worry ,just drive ,everything will be OK. Will you believe to him??

ps. Didnt want to talk about Minex card here,just responded to Jollygood question




yurez83
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December 18, 2018, 09:19:30 AM
Last edit: December 18, 2018, 09:32:36 AM by yurez83
 #1965

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid to return money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"


I'll tell you a clever thing. If the goal was to conceal a team with something, and in this case "links with minexcoin", could it hide it? I will give the answer for you - in the end, yes. Did someone do this? Of course not. Therefore, it is not necessary to look for some otherworldly connection. Republia is an open project and even it will take into account the experience and shortcomings of other projects .. This is also not a secret.

Further. Please do not lead the conversation in such a way that the event has already happened, namely the collapse of the "financial system". This is especially true of the Republia project, which has not even passed the ICO stage yet, and you have already decided its fate in the future. Do not make yourself a professor of economics. Needless to say, you're smarter than everyone. It is your opinion. The opinion of the team is painted in white paper, but not in the fullest extent. I will not speak for minexcoin plans - that is their business. I can not imagine them, but just an ordinary investor. The Republia project is discussed here.

ps Moreover, do not fantasize about the bank in which the cards are issued. Well, you do not know! Why are you doing libel now that cards will be issued in Ukraine?
I repeat - you want to discuss the Minexcoin project - they have their own topic.


You are right about one thing - Republia cant conceals connection with Minex despite all theirs denial.It is futile job.  

Republia and Minex has different whitelist,no doubt in it.But Iam not questioning Republia whitelist ,Iam questioning integrity of people who lead it .What they did in Minex pre-ICO phase was deliberate lying of investors how pre- ICO selling was successfull.Doing it, they avoided to return money to investors. That was not some minor offence,but major breaking of investors rights and trust.In business world they will go to jail for that.

Another question - if Republia leadsership wanted to make a break from Minex why they put Boris Shulayev as advisor? About what he can advise them,after trashing disaster with Minex? How to ruin everything and get away with it? He can be just liability,not asset. Putting Boris as advisor they were put only big warning sign to all investors - Danger ! Scam in progress !

About financial model of Republia - mine question is why Republia leaders didnt make any meaningful explanation to investors how and why they think that Minex financial model which Republia using would not make another crash ,now with Republia. To explain it to you little more colorful - after some time, people realized that one type of cars has a construction defective brakes which can be deadly to drivers and passengers.Now,you go to buy car and cars salesman wants to sell you similar,new type of car ,but with same defective brakes.You ask salesman isnt such defective brakes gonna kill me and he replies to you: Dont worry ,just drive ,everything will be OK. Will you believe to him??

ps. Didnt want to talk about Minex card here,just responded to Jollygood question


So, I found out that your only “distrust” argument for Republia is that Boris is an adviser? I remind you that, apart from Boris, there are 3 other advisers who are no less competent than him. No wonder that he acts as a guarantor of investments in mnx.

 All of your “facts” are not as such, since you have no evidence — for example, copies of papers, contracts, or direct witnesses. This is just your attitude to the project. Therefore, to continue the discussion further probably does not make sense. I heard you.

Financial model Republia working. I am grateful for your opinion, but the team itself expects what it should be and what its goals are. The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. Unlike EOS, which released almost 90% of its tokens as a result of ICO within a few months, Republia reduced this number (full pre-mine) almost 7 times, which will positively affect the price of the coin. Further, the bank’s interest will be reduced to the minimum to ensure a long-term model for 25 years of coin mining.
thunderjet
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December 18, 2018, 09:22:17 PM
 #1966

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid to return money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"


I'll tell you a clever thing. If the goal was to conceal a team with something, and in this case "links with minexcoin", could it hide it? I will give the answer for you - in the end, yes. Did someone do this? Of course not. Therefore, it is not necessary to look for some otherworldly connection. Republia is an open project and even it will take into account the experience and shortcomings of other projects .. This is also not a secret.

Further. Please do not lead the conversation in such a way that the event has already happened, namely the collapse of the "financial system". This is especially true of the Republia project, which has not even passed the ICO stage yet, and you have already decided its fate in the future. Do not make yourself a professor of economics. Needless to say, you're smarter than everyone. It is your opinion. The opinion of the team is painted in white paper, but not in the fullest extent. I will not speak for minexcoin plans - that is their business. I can not imagine them, but just an ordinary investor. The Republia project is discussed here.

ps Moreover, do not fantasize about the bank in which the cards are issued. Well, you do not know! Why are you doing libel now that cards will be issued in Ukraine?
I repeat - you want to discuss the Minexcoin project - they have their own topic.


You are right about one thing - Republia cant conceals connection with Minex despite all theirs denial.It is futile job.  

Republia and Minex has different whitelist,no doubt in it.But Iam not questioning Republia whitelist ,Iam questioning integrity of people who lead it .What they did in Minex pre-ICO phase was deliberate lying of investors how pre- ICO selling was successfull.Doing it, they avoided to return money to investors. That was not some minor offence,but major breaking of investors rights and trust.In business world they will go to jail for that.

Another question - if Republia leadsership wanted to make a break from Minex why they put Boris Shulayev as advisor? About what he can advise them,after trashing disaster with Minex? How to ruin everything and get away with it? He can be just liability,not asset. Putting Boris as advisor they were put only big warning sign to all investors - Danger ! Scam in progress !

About financial model of Republia - mine question is why Republia leaders didnt make any meaningful explanation to investors how and why they think that Minex financial model which Republia using would not make another crash ,now with Republia. To explain it to you little more colorful - after some time, people realized that one type of cars has a construction defective brakes which can be deadly to drivers and passengers.Now,you go to buy car and cars salesman wants to sell you similar,new type of car ,but with same defective brakes.You ask salesman isnt such defective brakes gonna kill me and he replies to you: Dont worry ,just drive ,everything will be OK. Will you believe to him??

ps. Didnt want to talk about Minex card here,just responded to Jollygood question


So, I found out that your only “distrust” argument for Republia is that Boris is an adviser? I remind you that, apart from Boris, there are 3 other advisers who are no less competent than him. No wonder that he acts as a guarantor of investments in mnx.

 All of your “facts” are not as such, since you have no evidence — for example, copies of papers, contracts, or direct witnesses. This is just your attitude to the project. Therefore, to continue the discussion further probably does not make sense. I heard you.

Financial model Republia working. I am grateful for your opinion, but the team itself expects what it should be and what its goals are. The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. Unlike EOS, which released almost 90% of its tokens as a result of ICO within a few months, Republia reduced this number (full pre-mine) almost 7 times, which will positively affect the price of the coin. Further, the bank’s interest will be reduced to the minimum to ensure a long-term model for 25 years of coin mining.


Taking Boris as advisor is just one of reasons why I dont believe to Republia team.But certainly not major ones.


As i said and I will repeat it once again:

Major reason No1:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

https://cointelegraph.com/press-releases/minecoin-completes-first-stage-of-ico-ahead-of-schedule

https://www.nxter.org/minecoin-cryptocurrency-platform-completes-first-stage-of-ico-ahead-of-schedule/


It was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


Major reason No2:

- Republia financial model is copy of Minex - same parking program and rate ,same undefined price tight regulations, same debit payments program...

This model proved catastrophical in Minex and nobody from Republia team give any reasonable explanation how this program will not cause collapse of Republia too.You are talking that they will make some changes in program, but you are not member of Republia team and your words have not weight as theirs - until they put changes in official whitelist I cant take it for granted.

Taking EOS is a bad example. EOS raised 4 billion dollars ! They had so much buyers that even 1 billion tokens were not enough. That is complete different situation.

You said:  "The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. "

That is so wrong.Saturation of market with coins in situation when you dont know how big is real demand is a recipe for disaster(it will suck up all liquidity from the market) and puts a red flag on team incompetence too. During initial phase you have to slowly releasing coins until balance between buy and sell side is reached. After it ,you need to have tools and funds to maintain it. Republia didnt predicted having such tools or funding for them(just look at theirs expenses sheet list),so they will not be able to do it.

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December 19, 2018, 07:09:16 PM
 #1967

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid to return money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"


I'll tell you a clever thing. If the goal was to conceal a team with something, and in this case "links with minexcoin", could it hide it? I will give the answer for you - in the end, yes. Did someone do this? Of course not. Therefore, it is not necessary to look for some otherworldly connection. Republia is an open project and even it will take into account the experience and shortcomings of other projects .. This is also not a secret.

Further. Please do not lead the conversation in such a way that the event has already happened, namely the collapse of the "financial system". This is especially true of the Republia project, which has not even passed the ICO stage yet, and you have already decided its fate in the future. Do not make yourself a professor of economics. Needless to say, you're smarter than everyone. It is your opinion. The opinion of the team is painted in white paper, but not in the fullest extent. I will not speak for minexcoin plans - that is their business. I can not imagine them, but just an ordinary investor. The Republia project is discussed here.

ps Moreover, do not fantasize about the bank in which the cards are issued. Well, you do not know! Why are you doing libel now that cards will be issued in Ukraine?
I repeat - you want to discuss the Minexcoin project - they have their own topic.


You are right about one thing - Republia cant conceals connection with Minex despite all theirs denial.It is futile job.  

Republia and Minex has different whitelist,no doubt in it.But Iam not questioning Republia whitelist ,Iam questioning integrity of people who lead it .What they did in Minex pre-ICO phase was deliberate lying of investors how pre- ICO selling was successfull.Doing it, they avoided to return money to investors. That was not some minor offence,but major breaking of investors rights and trust.In business world they will go to jail for that.

Another question - if Republia leadsership wanted to make a break from Minex why they put Boris Shulayev as advisor? About what he can advise them,after trashing disaster with Minex? How to ruin everything and get away with it? He can be just liability,not asset. Putting Boris as advisor they were put only big warning sign to all investors - Danger ! Scam in progress !

About financial model of Republia - mine question is why Republia leaders didnt make any meaningful explanation to investors how and why they think that Minex financial model which Republia using would not make another crash ,now with Republia. To explain it to you little more colorful - after some time, people realized that one type of cars has a construction defective brakes which can be deadly to drivers and passengers.Now,you go to buy car and cars salesman wants to sell you similar,new type of car ,but with same defective brakes.You ask salesman isnt such defective brakes gonna kill me and he replies to you: Dont worry ,just drive ,everything will be OK. Will you believe to him??

ps. Didnt want to talk about Minex card here,just responded to Jollygood question


So, I found out that your only “distrust” argument for Republia is that Boris is an adviser? I remind you that, apart from Boris, there are 3 other advisers who are no less competent than him. No wonder that he acts as a guarantor of investments in mnx.

 All of your “facts” are not as such, since you have no evidence — for example, copies of papers, contracts, or direct witnesses. This is just your attitude to the project. Therefore, to continue the discussion further probably does not make sense. I heard you.

Financial model Republia working. I am grateful for your opinion, but the team itself expects what it should be and what its goals are. The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. Unlike EOS, which released almost 90% of its tokens as a result of ICO within a few months, Republia reduced this number (full pre-mine) almost 7 times, which will positively affect the price of the coin. Further, the bank’s interest will be reduced to the minimum to ensure a long-term model for 25 years of coin mining.


Taking Boris as advisor is just one of reasons why I dont believe to Republia team.But certainly not major ones.


As i said and I will repeat it once again:

Major reason No1:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

https://cointelegraph.com/press-releases/minecoin-completes-first-stage-of-ico-ahead-of-schedule

https://www.nxter.org/minecoin-cryptocurrency-platform-completes-first-stage-of-ico-ahead-of-schedule/


It was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.

them(just look at theirs expenses sheet list),so they will not be able to do it.

To begin with, I want to say that you did not appear (and were not previously) part of the minexcoin command (previously minecoin), so your all judgments are just your opinion - no more.
  No need to refer to any foreign publications as there are official sources of the company. And the company tells as much as it sees fit.
  To assert that a bank can do and cannot do - you need to work in a bank or own it (do you happen to work there? No? Have not even doubted), or at least know from "external" information sources that banks can also to act as market makers and even trade on the markets and exchanges, of course, legally. It may have various funds in its subdivision ...
To confirm, I provide a link to the article of 2015 (for example):

 https://www.ibtimes.co.uk/french-bitcoin-revolution-bnp-paribas-plans-add-crypto-its-currency-funds-1512360

 Please do not mislead people with false information. I repeat: banks can invest in any project, if not directly, then using other opportunities.
  And the most important, with regard to a million coins, the company officially announced this information:

 https://medium.com/@minecoinorg/minecoin-q-a-8ded1b0db1f1

Therefore, you do not need to invent anything and fantasize.

  But let us return back to the question that minexcoin cospania did not exist at that time - yes, that is true. Then there was the minecoin company. Officially, it was announced about the rebranding of the company and became minexcoin:

https://twitter.com/minexcoin/status/847502788275732482

Honestly, I no longer have a desire to respond to your "facts", especially as they concern minexcoin. If you have any doubts or concerns about the minexcoin project - you can express them to the official branch, you can contact its management with a request about your "lack of sleep" regarding their accuracy and honesty. But here it is concrete - Minexcoin is not directly related to the Republia project, except for the indirect - family ties and some employees (in the past). Republia is an independent project, with its goal, which is more advanced (perhaps) than others - we will see this after the fact.

 Therefore, I will not give in to your "provocations" anymore. Only talk on this important topic topic. Everything.
Thank you for understanding.

p.s. The answer to the second question I will give you in the near future.
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December 19, 2018, 11:22:27 PM
Last edit: December 20, 2018, 04:45:17 AM by thunderjet
 #1968

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid to return money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"


I'll tell you a clever thing. If the goal was to conceal a team with something, and in this case "links with minexcoin", could it hide it? I will give the answer for you - in the end, yes. Did someone do this? Of course not. Therefore, it is not necessary to look for some otherworldly connection. Republia is an open project and even it will take into account the experience and shortcomings of other projects .. This is also not a secret.

Further. Please do not lead the conversation in such a way that the event has already happened, namely the collapse of the "financial system". This is especially true of the Republia project, which has not even passed the ICO stage yet, and you have already decided its fate in the future. Do not make yourself a professor of economics. Needless to say, you're smarter than everyone. It is your opinion. The opinion of the team is painted in white paper, but not in the fullest extent. I will not speak for minexcoin plans - that is their business. I can not imagine them, but just an ordinary investor. The Republia project is discussed here.

ps Moreover, do not fantasize about the bank in which the cards are issued. Well, you do not know! Why are you doing libel now that cards will be issued in Ukraine?
I repeat - you want to discuss the Minexcoin project - they have their own topic.


You are right about one thing - Republia cant conceals connection with Minex despite all theirs denial.It is futile job.  

Republia and Minex has different whitelist,no doubt in it.But Iam not questioning Republia whitelist ,Iam questioning integrity of people who lead it .What they did in Minex pre-ICO phase was deliberate lying of investors how pre- ICO selling was successfull.Doing it, they avoided to return money to investors. That was not some minor offence,but major breaking of investors rights and trust.In business world they will go to jail for that.

Another question - if Republia leadsership wanted to make a break from Minex why they put Boris Shulayev as advisor? About what he can advise them,after trashing disaster with Minex? How to ruin everything and get away with it? He can be just liability,not asset. Putting Boris as advisor they were put only big warning sign to all investors - Danger ! Scam in progress !

About financial model of Republia - mine question is why Republia leaders didnt make any meaningful explanation to investors how and why they think that Minex financial model which Republia using would not make another crash ,now with Republia. To explain it to you little more colorful - after some time, people realized that one type of cars has a construction defective brakes which can be deadly to drivers and passengers.Now,you go to buy car and cars salesman wants to sell you similar,new type of car ,but with same defective brakes.You ask salesman isnt such defective brakes gonna kill me and he replies to you: Dont worry ,just drive ,everything will be OK. Will you believe to him??

ps. Didnt want to talk about Minex card here,just responded to Jollygood question


So, I found out that your only “distrust” argument for Republia is that Boris is an adviser? I remind you that, apart from Boris, there are 3 other advisers who are no less competent than him. No wonder that he acts as a guarantor of investments in mnx.

 All of your “facts” are not as such, since you have no evidence — for example, copies of papers, contracts, or direct witnesses. This is just your attitude to the project. Therefore, to continue the discussion further probably does not make sense. I heard you.

Financial model Republia working. I am grateful for your opinion, but the team itself expects what it should be and what its goals are. The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. Unlike EOS, which released almost 90% of its tokens as a result of ICO within a few months, Republia reduced this number (full pre-mine) almost 7 times, which will positively affect the price of the coin. Further, the bank’s interest will be reduced to the minimum to ensure a long-term model for 25 years of coin mining.


Taking Boris as advisor is just one of reasons why I dont believe to Republia team.But certainly not major ones.


As i said and I will repeat it once again:

Major reason No1:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

https://cointelegraph.com/press-releases/minecoin-completes-first-stage-of-ico-ahead-of-schedule

https://www.nxter.org/minecoin-cryptocurrency-platform-completes-first-stage-of-ico-ahead-of-schedule/


It was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.

them(just look at theirs expenses sheet list),so they will not be able to do it.

To begin with, I want to say that you did not appear (and were not previously) part of the minexcoin command (previously minecoin), so your all judgments are just your opinion - no more.
  No need to refer to any foreign publications as there are official sources of the company. And the company tells as much as it sees fit.
  To assert that a bank can do and cannot do - you need to work in a bank or own it (do you happen to work there? No? Have not even doubted), or at least know from "external" information sources that banks can also to act as market makers and even trade on the markets and exchanges, of course, legally. It may have various funds in its subdivision ...
To confirm, I provide a link to the article of 2015 (for example):

 https://www.ibtimes.co.uk/french-bitcoin-revolution-bnp-paribas-plans-add-crypto-its-currency-funds-1512360

 Please do not mislead people with false information. I repeat: banks can invest in any project, if not directly, then using other opportunities.
  And the most important, with regard to a million coins, the company officially announced this information:

 https://medium.com/@minecoinorg/minecoin-q-a-8ded1b0db1f1

Therefore, you do not need to invent anything and fantasize.

  But let us return back to the question that minexcoin cospania did not exist at that time - yes, that is true. Then there was the minecoin company. Officially, it was announced about the rebranding of the company and became minexcoin:

https://twitter.com/minexcoin/status/847502788275732482

Honestly, I no longer have a desire to respond to your "facts", especially as they concern minexcoin. If you have any doubts or concerns about the minexcoin project - you can express them to the official branch, you can contact its management with a request about your "lack of sleep" regarding their accuracy and honesty. But here it is concrete - Minexcoin is not directly related to the Republia project, except for the indirect - family ties and some employees (in the past). Republia is an independent project, with its goal, which is more advanced (perhaps) than others - we will see this after the fact.

 Therefore, I will not give in to your "provocations" anymore. Only talk on this important topic topic. Everything.
Thank you for understanding.

p.s. The answer to the second question I will give you in the near future.


You keep avoiding to give any meaningful answer to mine questions.None,just trying to sell me Minex/Republia propaganda combined with empty denunciation.

If I would act like you, I could say - you are not member of Minex/Republia team,your answers to me are completely irrelevant and based not on facts ,but on personal interests and opinions due to investing money in these companies. How that sound to you ?  Cheesy

But I wont act like you ,so Iam returning to explain things based on facts:

- I just put links to crypto portals ,so people on forum can read for themselves about things Iam talking about. These portals didnt publish some journalist opinions.They published paid articles by Minex without making any changes or some other interfering.So, these are offical Minex press releases,signed by then Minex PR Daniel Shulayev and authorized by Boris Shulayev and its authenticity cant be challenged.
In this case you are misleading people trying unsuccessfully to present them as untrue or irrelevant.

- I know very well what bank can or cant do.I worked in banking sector for 8 years and mine present job is very closely related on cooperation with banks.Will you believe me or not it is your problem.My words and mine knowledge are talking for themselves.


- 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs. It was a big lie,made due to Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

- Banks are always paying in fiat currencies,not BTCs. Everywhere,on exchanges,spot markets, banks are paying in fiat.They can sell on markets whatever they want ,but buying is always in fiat.If you didnt know before ,know you do. There is not at one case that big banks paid someone in BTC. Ever. It is prohibited by law which does not allow paying in anything else but official fiat currencies for international payings and domestic for payings inside the country.So this alleged contract between leading european bank and Minex is just pure,big, fat lie.No single evidence it ever occured except in Boris and his son vivid imagination

- In that time Minex wasnt founded yet. It was founded 9 months later. From mine own experience banks are very cautions when investing.There are teams of different financial experts and lawers who are thoroughly examine every single aspect of potetnial investment.They will NEVER give recomendation to buy a share in the company which is not officially registred. Absolutely never,especially not for anonymous pre-ICO virtual companies like Minex or Republia.

- https://medium.com/@minecoinorg/minecoin-q-a-8ded1b0db1f1 - just another lie to cover previous one. Of course there was no any deal with a european leading bank. As I said before, banks are not paying in BTCs and not investing in officially unregistred companies.It was basically impossible to invest in Minex because it was not officially registred company at that time. In March 2017 Minex was not officially registred yet . It was registred more than 5 months later on 22.Aug.2017. It just means that it is some murky recognition that pre-ICO was unsuccessfull,but even then Minex didnt return money to investors,despite it was theirs obligation. Instead, it went to another,ICO phase pretending like everything is fine.This pretending that everything is OK when it is not, became hallmark of Minex later.

- https://twitter.com/minexcoin/status/847502788275732482 - Look carefully. Tweet was made on March 30th.2017 and Minex was officially registred on 22.August.2017.  5 months later.  It was not rebranding one officially registred company into another,but one virtual company into another virtual company.This virtual and completely unregulated reality was the main reason why 95% of all ICOs were scam plots.
 
yurez83
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December 20, 2018, 07:27:24 PM
 #1969

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid to return money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"


I'll tell you a clever thing. If the goal was to conceal a team with something, and in this case "links with minexcoin", could it hide it? I will give the answer for you - in the end, yes. Did someone do this? Of course not. Therefore, it is not necessary to look for some otherworldly connection. Republia is an open project and even it will take into account the experience and shortcomings of other projects .. This is also not a secret.

Further. Please do not lead the conversation in such a way that the event has already happened, namely the collapse of the "financial system". This is especially true of the Republia project, which has not even passed the ICO stage yet, and you have already decided its fate in the future. Do not make yourself a professor of economics. Needless to say, you're smarter than everyone. It is your opinion. The opinion of the team is painted in white paper, but not in the fullest extent. I will not speak for minexcoin plans - that is their business. I can not imagine them, but just an ordinary investor. The Republia project is discussed here.

ps Moreover, do not fantasize about the bank in which the cards are issued. Well, you do not know! Why are you doing libel now that cards will be issued in Ukraine?
I repeat - you want to discuss the Minexcoin project - they have their own topic.


You are right about one thing - Republia cant conceals connection with Minex despite all theirs denial.It is futile job.  

Republia and Minex has different whitelist,no doubt in it.But Iam not questioning Republia whitelist ,Iam questioning integrity of people who lead it .What they did in Minex pre-ICO phase was deliberate lying of investors how pre- ICO selling was successfull.Doing it, they avoided to return money to investors. That was not some minor offence,but major breaking of investors rights and trust.In business world they will go to jail for that.

Another question - if Republia leadsership wanted to make a break from Minex why they put Boris Shulayev as advisor? About what he can advise them,after trashing disaster with Minex? How to ruin everything and get away with it? He can be just liability,not asset. Putting Boris as advisor they were put only big warning sign to all investors - Danger ! Scam in progress !

About financial model of Republia - mine question is why Republia leaders didnt make any meaningful explanation to investors how and why they think that Minex financial model which Republia using would not make another crash ,now with Republia. To explain it to you little more colorful - after some time, people realized that one type of cars has a construction defective brakes which can be deadly to drivers and passengers.Now,you go to buy car and cars salesman wants to sell you similar,new type of car ,but with same defective brakes.You ask salesman isnt such defective brakes gonna kill me and he replies to you: Dont worry ,just drive ,everything will be OK. Will you believe to him??

ps. Didnt want to talk about Minex card here,just responded to Jollygood question


So, I found out that your only “distrust” argument for Republia is that Boris is an adviser? I remind you that, apart from Boris, there are 3 other advisers who are no less competent than him. No wonder that he acts as a guarantor of investments in mnx.

 All of your “facts” are not as such, since you have no evidence — for example, copies of papers, contracts, or direct witnesses. This is just your attitude to the project. Therefore, to continue the discussion further probably does not make sense. I heard you.

Financial model Republia working. I am grateful for your opinion, but the team itself expects what it should be and what its goals are. The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. Unlike EOS, which released almost 90% of its tokens as a result of ICO within a few months, Republia reduced this number (full pre-mine) almost 7 times, which will positively affect the price of the coin. Further, the bank’s interest will be reduced to the minimum to ensure a long-term model for 25 years of coin mining.


Major reason No2:

- Republia financial model is copy of Minex - same parking program and rate ,same undefined price tight regulations, same debit payments program...

This model proved catastrophical in Minex and nobody from Republia team give any reasonable explanation how this program will not cause collapse of Republia too.You are talking that they will make some changes in program, but you are not member of Republia team and your words have not weight as theirs - until they put changes in official whitelist I cant take it for granted.

Taking EOS is a bad example. EOS raised 4 billion dollars ! They had so much buyers that even 1 billion tokens were not enough. That is complete different situation.

You said:  "The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. "

That is so wrong.Saturation of market with coins in situation when you dont know how big is real demand is a recipe for disaster(it will suck up all liquidity from the market) and puts a red flag on team incompetence too. During initial phase you have to slowly releasing coins until balance between buy and sell side is reached. After it ,you need to have tools and funds to maintain it. Republia didnt predicted having such tools or funding for them(just look at theirs expenses sheet list),so they will not be able to do it.

I give the answer to the second question.

- The fact that Republia took the idea of ​​a bank from mainexcoin is no one denies. And why is this amazing? Do you know whose idea it was originally? And if this was the idea of ​​Vladyslav Gyrych several years ago, then he could use it as well in Republia? The answer - of course he could. And nothing is bad here. Tomorrow (maybe) some sort of coin will also take this idea, because how good is it and what now? At a minimum, the financial banking system is very different. Read white paper. And do not make people laugh ..
- About the cards even more fun. Why can't Republia use them? If she has her own branded cards, her own financial system, ultrafast blockchain, a real bank, etc. May use. Any project can use.

- EOS is not a bad example, but the most correct one. The main reason: it will be the main competitor of the RPB. Competing RPB will be its innovative blockchain, transaction speed, user security, platform for creating ICO, platform for asset exchange, and much more ... And the amount of fees for ICO is not an indication that the project will be successful, but quite the opposite . The fact that EOS collected such huge funds and still cannot show anything worthwhile is very bad. Such a huge saturation of the market with tokens, namely more than 90% of the total issue of coins - this is the maximum demand. There will not be so many buyers to pick them up. This is absurd. Republia, in turn, does a lot smarter. Instead of not overdubbing the market with coins, after the end of the ICO only 15% of the total number of coins will be issued. Further, the RPB will very smoothly (within 2 years) saturate the market with coins, and then make this saturation minimal.
So. Thereby:
1. There will always be increased demand, as the number of coins is limited and moves smoothly.
2. It will be possible to take measures to reduce volatility due to a sharp increase (decrease in demand).
3. To stimulate the holders of the nodes and masternode for many years of coin mining.

Sometimes it seems to me that you have not read any RPB documents and say absolutely weird things. So you think that selling 90% of all coins (or 100%) at the ICO stage is normal, and 15% is not normal. Strange.

P.S. Regarding your "facts", I ask you not to use words of such a meaning:
- Naturally
- Undoubtedly
- I see
- It is already given, etc.
All your words, like mine, that are related to internal RPB or MNX documents, which are not attached by facts in the form of copies (photos) of documents, video (audio) or written statements of team members - are not FACT. This conjecture, reasoning, discussion, desires, etc.
Yes, I am not part of the RPB team, but I am their representative (ambassador) and have the right to discuss the project. If I need to know some details, I ask the co-founder and get a response from the original source of the Republia team (or I don’t get it if it is completely secret). That is the difference between me and you here. And if you don’t like to read my answers, since you think that I’m not competent, I don’t force you.

Thank you for understanding.
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December 20, 2018, 09:28:10 PM
 #1970

You are welcome.

I just frankly admit that for me it is very strange when you blamed the project for scam, insulted the team, the participants and me with lies, etc. , and now speak as politely as if nothing had happened. But I am a normal person, so I can close my eyes to past events if you really conduct a "friendly conversation."



I have a different version of events to you.

I would unequivocally put the blame for the drop in etiquette on you and those that were blindly pumping Minexsystem/Minexcoin/Minexpay and Republia or doing it because they were receiving a payment. That then provoked a reaction from those that saw the misinformation/lies promoting non-existent business deals with CSOB and without even making relevant checks about Novarise as outright lies and scam.

Having said that, regardless of all differing opinions I have no interest in engaging with anybody unless it remains on cordial terms.

Minexsystem/Minexpay/Minexcoin seems to be working towards something far better than they were a few weeks ago. I would welcome any real progress on that project.

About Republia, I still have seen nothing so far that alleviates my concerns about it being a scam but that might change in the coming days/weeks

You either do not understand the essence of fraudulent projects, or are too absorbed in searching for fraudulent projects, which, in your opinion, is a complete deception. Look around - in fact, there are hundreds of coins that have not done anything even from the very first step, but simply deceived and hid. They do not need to wait more than 2 years to do a dirty business. And now from all these projects you have chosen Minex - the largest fraud in your opinion, which, in turn, has no direct relation to the Republic, but, nevertheless, you have already accused her of fraud. I just do not understand why you are doing this? Much work has been done, no one hides their faces, their names, their location, their telephone numbers, etc. Fully open to dialogue. But do you think scammers do it? Yes, look around again! Just projects collect money, even without everything from work, even without an action plan, hiding people, etc., and people donate money. Why are you not there? Why not protect poor people?

Or do you think that I have invested 10,000 dollars in the Republic (let's say), I do not understand what this project will be, and I would not see fraudsters? Of course, I would see it, since another investor is not a novice. Not everyone is stupid, especially now. This is not 2017. Everyone studies the project in length and across and assesses prospects, risks and legality ...

Therefore, if you engage in dialogue and doubt something, it does not mean that you are right in your opinion. Every person is right in his own way. But to assert without direct confirmed (I emphasize) the facts that there is no need for lies and fraud. It looks like slander.



Unfortunately,there is direct connection between Minex and Republia and it is impossible to negate.You can negate only if you dont want to see it.Minex and Republia do not share only same people, but almost same financial program with minor, irrelevant differencies.Only different part is whitelist technical plan.


I do not make judgements easily,but there is a few things which can make every investor very,very cautious:

- Both Republia founders, Daniel Shulayev and Vladimir Gyrych and advisor Boris Shulayev worked/work in Minex. 16.Dec.2016,while in pre-ICO, Minex gave statement to different crypto news portals,signed by PR manager,Daniel Shulayev(certainly approved by Boris) how Minex made a contract with one of the leading european banks to buy share in Minex by buying 1,092 millions of MNX for 1705.44 BTCs.

Now,we know it was a lie.Big one.Banks do not pay in BTCs and in that time Minex didnt exist as a company.It was founded 9 months later in 22.Aug.2017,so it was impossible to buy share in non-existing company.Reason for that lie was Minex obligation to refund investors if pre-ICO was unsuccessfull.This way they avoided it.

Question is how to believe to these people now,when they proved themselves as willing to do anything just not to return money to investors? It is valid question and in bussiness trust is extremely important.They didnt do minor but major violation of investors rights.


- why Republia took Boris Shulayev as an advisor? After disastruosly leading of Minex ,taking him as an advisor is sending very bad impression to potential investors and make any attempt to negate relations to Minex futile


- Republia whitelist is much more serious and difficult to achieve than Minex list.Costly too.Minex didnt succeed to realize much simplier list.By their own admission,Republia will need several years to achieve goals if everything goes well.For that time Republia will use ICO collected money and selling premined coins.

For investors it means that Republia would not be able to keep promise about maintain exchange rate in tight range due to lack of funds for it.Not without massive external financing.On the contrary, using premined coins for financing will make situation even worse.As time passes, initial funds will be depleted and Republia will need to sell more and more coins to finance developping.It will make greater and greater pressure on market and price and one by one,investors would dump theirs coins with a loss.Then,Republia will need to sell even more coins to finance it and here we come in vicious cycle of hyperinflation generated by parking 70% rate and premined coins selling,like Minex did.

Now,a month before ICO sale ,despite promises to change financial plan,Republia did nothing.Every investor before initial sale would like to see these changes of financial plan and not to rely on ICO leadership promises.Promises that something will be done after sale, no investor will buy as a truth.


All above problems made me very,very sceptical about project.When someone make ICO based on a disastruos financial construction (proved in earlier ICO),with a lot of same people involved in it, I cant qualify that any more as incompetence but as an intetion.

This is why this project has so high probabilty to turn scam.Not because people fudding it,but because serious problems and flaws described in text above.

I will answer you, although I asked questions to another user and not at all about what you write to me, what I asked.
Unfortunately, you want to wishful thinking. There is no direct connection between projects. If you consider the kinship of the consultant Boris and his son, one of the co-founder
Daniel, direct linking of the projects is stupid. Did Daniel create his project and this is a connection? What nonsense. Direct communication is a complete copying of an idea, copying products, a blockchain, etc ... This is not the case here.

Absolutely new innovative blockchain, which is written from scratch, not fork.
Absolutely innovative opportunities to create contracts and projects on a new platform.
Absolutely innovative approach to security and the ability to integrate other projects ...
And a lot of things .... Did you read white paper? What is the connection with minexcoin? Bank? So even it is modified and will act according to its algorithm, in different directions ...
Therefore, do not be silly.

Yes. All your judgments that supposedly "not enough money", "not enough coins" - this is only your opinion and desire. The financial model was created not by fools, but by people who have an economic education. Well, you can not know what will be implemented after the fact, you can not know what will be modified, because the project completely eliminates hard forks and is subject to change, depending on the participants жeл desires ’by voting.

And I appreciate your concern for your concern with the Republia project, but you read the questions I wrote earlier and answer them better. How did Republia deserve such attention? Why not hundreds of other projects that are really scam?
I understand that nothing just happens. And once you are here, it means that you are pursuing some goals. Therefore, I am very “skeptical” about your sincerity ...


Iam sincere believe or not. I have not desire to ruin anything just to clarify some things that are worring any investor.

As you could read in mine post , when I linked Minex and Republia I specified that connection between 2 projects are in people and in financial part ,not whitelist.Core of the Republia team and Minex is the same,financial part is copy of Minex one,so this connection is very real.

Major problem is trust. How to trust people which made false announcement(signed by Daniel Shulayev and approved by his father Boris, in the time when both Republia co-founders and advisor worked in Minex) about leading european bank buying a share in Minex(which was registred 9 months later and was not possible at that time) for 1705.44 BTCs, just to avoid to return money to investors,because they didnt succeed to realize pre-ICO selling. Such negative audacity to do anything to avoid to return money to investors would scare the hell out any investor.It puts major SCAM sign on the project. No investor would like to see such negative reputation.

You are right that both economic models(which are same) Republia and Minex was not created by fools.These people have economic education and that fact scares me even more,because it means that Minex fall and Republia copy of Minex economic model was made on purpose to be unsustainable.Bad consequences for investors were not coincidence,but intention. People with economic education would know from the beginning that 70% interest rate will cause hyperinflation and make any price regulation attempt futile. They knew that promises to investors of massive interest and tight regulating of price was lie from the beginning ,made as a trap for naive and greedy people.Making in Minex OTC option only for selling coins is not coincidence,but intention,because everybody,not just people with economics education know that OTC selling without rebuying option will cause constant price decline which we all witnessed in Minex. That is SCAM sign No.2.

Nobody from Republia team ever gives any explanation how Minex proved unsustainable economic model will make better in Republia and why.

In this case I would call on Einstein quote "Stupidity is doing same thing over and over and expecting different results"


I'll tell you a clever thing. If the goal was to conceal a team with something, and in this case "links with minexcoin", could it hide it? I will give the answer for you - in the end, yes. Did someone do this? Of course not. Therefore, it is not necessary to look for some otherworldly connection. Republia is an open project and even it will take into account the experience and shortcomings of other projects .. This is also not a secret.

Further. Please do not lead the conversation in such a way that the event has already happened, namely the collapse of the "financial system". This is especially true of the Republia project, which has not even passed the ICO stage yet, and you have already decided its fate in the future. Do not make yourself a professor of economics. Needless to say, you're smarter than everyone. It is your opinion. The opinion of the team is painted in white paper, but not in the fullest extent. I will not speak for minexcoin plans - that is their business. I can not imagine them, but just an ordinary investor. The Republia project is discussed here.

ps Moreover, do not fantasize about the bank in which the cards are issued. Well, you do not know! Why are you doing libel now that cards will be issued in Ukraine?
I repeat - you want to discuss the Minexcoin project - they have their own topic.


You are right about one thing - Republia cant conceals connection with Minex despite all theirs denial.It is futile job.  

Republia and Minex has different whitelist,no doubt in it.But Iam not questioning Republia whitelist ,Iam questioning integrity of people who lead it .What they did in Minex pre-ICO phase was deliberate lying of investors how pre- ICO selling was successfull.Doing it, they avoided to return money to investors. That was not some minor offence,but major breaking of investors rights and trust.In business world they will go to jail for that.

Another question - if Republia leadsership wanted to make a break from Minex why they put Boris Shulayev as advisor? About what he can advise them,after trashing disaster with Minex? How to ruin everything and get away with it? He can be just liability,not asset. Putting Boris as advisor they were put only big warning sign to all investors - Danger ! Scam in progress !

About financial model of Republia - mine question is why Republia leaders didnt make any meaningful explanation to investors how and why they think that Minex financial model which Republia using would not make another crash ,now with Republia. To explain it to you little more colorful - after some time, people realized that one type of cars has a construction defective brakes which can be deadly to drivers and passengers.Now,you go to buy car and cars salesman wants to sell you similar,new type of car ,but with same defective brakes.You ask salesman isnt such defective brakes gonna kill me and he replies to you: Dont worry ,just drive ,everything will be OK. Will you believe to him??

ps. Didnt want to talk about Minex card here,just responded to Jollygood question


So, I found out that your only “distrust” argument for Republia is that Boris is an adviser? I remind you that, apart from Boris, there are 3 other advisers who are no less competent than him. No wonder that he acts as a guarantor of investments in mnx.

 All of your “facts” are not as such, since you have no evidence — for example, copies of papers, contracts, or direct witnesses. This is just your attitude to the project. Therefore, to continue the discussion further probably does not make sense. I heard you.

Financial model Republia working. I am grateful for your opinion, but the team itself expects what it should be and what its goals are. The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. Unlike EOS, which released almost 90% of its tokens as a result of ICO within a few months, Republia reduced this number (full pre-mine) almost 7 times, which will positively affect the price of the coin. Further, the bank’s interest will be reduced to the minimum to ensure a long-term model for 25 years of coin mining.


Major reason No2:

- Republia financial model is copy of Minex - same parking program and rate ,same undefined price tight regulations, same debit payments program...

This model proved catastrophical in Minex and nobody from Republia team give any reasonable explanation how this program will not cause collapse of Republia too.You are talking that they will make some changes in program, but you are not member of Republia team and your words have not weight as theirs - until they put changes in official whitelist I cant take it for granted.

Taking EOS is a bad example. EOS raised 4 billion dollars ! They had so much buyers that even 1 billion tokens were not enough. That is complete different situation.

You said:  "The goal of higher interest rates for the first time is to saturate the market with additional liquidity, and moreover gradual. "

That is so wrong.Saturation of market with coins in situation when you dont know how big is real demand is a recipe for disaster(it will suck up all liquidity from the market) and puts a red flag on team incompetence too. During initial phase you have to slowly releasing coins until balance between buy and sell side is reached. After it ,you need to have tools and funds to maintain it. Republia didnt predicted having such tools or funding for them(just look at theirs expenses sheet list),so they will not be able to do it.

I give the answer to the second question.

- The fact that Republia took the idea of ​​a bank from mainexcoin is no one denies. And why is this amazing? Do you know whose idea it was originally? And if this was the idea of ​​Vladyslav Gyrych several years ago, then he could use it as well in Republia? The answer - of course he could. And nothing is bad here. Tomorrow (maybe) some sort of coin will also take this idea, because how good is it and what now? At a minimum, the financial banking system is very different. Read white paper. And do not make people laugh ..
- About the cards even more fun. Why can't Republia use them? If she has her own branded cards, her own financial system, ultrafast blockchain, a real bank, etc. May use. Any project can use.

- EOS is not a bad example, but the most correct one. The main reason: it will be the main competitor of the RPB. Competing RPB will be its innovative blockchain, transaction speed, user security, platform for creating ICO, platform for asset exchange, and much more ... And the amount of fees for ICO is not an indication that the project will be successful, but quite the opposite . The fact that EOS collected such huge funds and still cannot show anything worthwhile is very bad. Such a huge saturation of the market with tokens, namely more than 90% of the total issue of coins - this is the maximum demand. There will not be so many buyers to pick them up. This is absurd. Republia, in turn, does a lot smarter. Instead of not overdubbing the market with coins, after the end of the ICO only 15% of the total number of coins will be issued. Further, the RPB will very smoothly (within 2 years) saturate the market with coins, and then make this saturation minimal.
So. Thereby:
1. There will always be increased demand, as the number of coins is limited and moves smoothly.
2. It will be possible to take measures to reduce volatility due to a sharp increase (decrease in demand).
3. To stimulate the holders of the nodes and masternode for many years of coin mining.

Sometimes it seems to me that you have not read any RPB documents and say absolutely weird things. So you think that selling 90% of all coins (or 100%) at the ICO stage is normal, and 15% is not normal. Strange.

P.S. Regarding your "facts", I ask you not to use words of such a meaning:
- Naturally
- Undoubtedly
- I see
- It is already given, etc.
All your words, like mine, that are related to internal RPB or MNX documents, which are not attached by facts in the form of copies (photos) of documents, video (audio) or written statements of team members - are not FACT. This conjecture, reasoning, discussion, desires, etc.
Yes, I am not part of the RPB team, but I am their representative (ambassador) and have the right to discuss the project. If I need to know some details, I ask the co-founder and get a response from the original source of the Republia team (or I don’t get it if it is completely secret). That is the difference between me and you here. And if you don’t like to read my answers, since you think that I’m not competent, I don’t force you.

Thank you for understanding.



Finally admittion that Republia and Minex shares same financial model. Thank you !

But mine question is why Republia is using this model which already proved as deeply flawed in Minex case? Sure ,Republia can use same financial model as Minex but why is that despite all its flaws, it remains mystery. It is like putting company in self-destruct mode from the beginning.

Republia cant compete with EOS. Period. EOS is 1000x bigger and far more serious project,financed by more than 4 billion dollars,backing by many big investors and companies. You can only dream to have such financial and technical support as EOS.I stayed speechless on your assumption that EOS didnt accomplish anything.Go to theirs site and see for yourself how is that "little".They are working in full speed.

EOS didnt saturated market at all,but demand for theirs tokens largely overwhelmed supply.Huge difference. Republia wants to saturate market without knowing the size of demand.Minex did it and we all know what happenned when supply overwhelmed demand.Basic economics - flooding market with coins when demand is low goes to hyperinflation.That is why is so wrong to compare EOS and Republia financial models.It is irrelevant will you put 15 or 90% of tokens on the market. What is matter is how big demand for them is.You can put only 5% of total supply on market ,but if demand is for just 2%, the price of it will decline significantly.

Size of demand should define size of supply,not opposite. Republia is far smaller project than EOS ,so it should be extra carefull not to flood market with too many coins and certainly have to reject parking option because it is major cause of hyperinflation in the system and leaves mining as only source of new coins.No way you can make stable system with 70% parking rate.

So,if Republia persists on present model I can explain only that as they are incompetent amateurs in economics which do not know demand-supply relation or that system is intentionally made flawed to attract naive and greedy people with big parking rates and promises of price regulation which cant be fulfilled.

Honestly, I dont mind because you are not official RPB team member.Though I think that would be much better for any project if its creators will speak directly much more with community. Listen to community ,dont be stubborn,because it is potential investors and as we all know - buyer is always right.

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December 26, 2018, 09:54:43 PM
 #1971

Is this project dead?

Have the "devs" given up on this because it was exposed as being nothing more than an elaborate scam
The project is alive. Why did you decide that it is dead?

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December 26, 2018, 09:59:36 PM
 #1972

Is this project dead?

Have the "devs" given up on this because it was exposed as being nothing more than an elaborate scam
The project is alive. Why did you decide that it is dead?

Do not pay attention to these paid trolls. They are just jealous that the project will live ..))
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December 26, 2018, 11:13:56 PM
 #1973

Is this project dead?

Have the "devs" given up on this because it was exposed as being nothing more than an elaborate scam
The project is alive. Why did you decide that it is dead?

Because the scammers have been exposed

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December 26, 2018, 11:29:08 PM
 #1974

Is this project dead?

Have the "devs" given up on this because it was exposed as being nothing more than an elaborate scam
The project is alive. Why did you decide that it is dead?
He is just a troll. Don't listen him.
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December 27, 2018, 07:48:00 AM
 #1975

people please don't panic , the developers promise good news for the new year
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December 27, 2018, 10:57:22 AM
 #1976

Republia is a scam just like Minexsystem/Minexcoin/Minexpay

It is operated by the same people. Investors beware of this scam !!

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December 27, 2018, 01:16:09 PM
 #1977

people please don't panic , the developers promise good news for the new year
yes, I think exiting news are coming from RPB team. Here is very strong developer team.
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December 27, 2018, 02:03:52 PM
 #1978



The Republia scam are part of the same family that operates the Minexcoin/Minexpay/Minexsystem scam.

The "official" Minex thread has been locked because their scam was exposed and all their team are leaving one by one: https://bitcointalk.org/index.php?topic=1847292.msg48858886#msg48858886

BEWARE - THIS IS A SCAM PROJECT DESIGNED TO STEAL INVESTOR FUNDS TO MAKE IT A GET-RICH-QUICK SCHEME FOR THE "OWNERS"




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December 27, 2018, 02:41:36 PM
Last edit: December 27, 2018, 02:55:25 PM by TeMHuK
 #1979

The post is the most over pyramid quoted post I have ever seen.
https://bitcointalk.org/index.php?topic=4841968.msg48731562#msg48731562
I don't want to spend my time to scroll computer mouse and read it.
You can click wheel on your mouse and scroll down that useless spam.
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December 27, 2018, 03:45:22 PM
 #1980

It’s too bad that this project has scam charges in its branch. Those few investors who go to the branch and see what they are accused of will think several times before investing. Let's see what happens in the end, but the negative definitely does not benefit on fallingmarket.
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