🔵🔵🔵 [ANN] BitMax.io Transaction Mining & Reverse-Mining ⚡️⚡️⚡️

[Cnote112]

Lol, everyone is on the look out for the market to get better before implementing anything significant on their platform I’d like to believe BitMax is a party to this.

If you ask me, they shouldn't focus that much on the whole market situation. I am sure they have set themselves some development goals/milestones they want to achieve. It makes no sense to slow things down only because the market doesn't look good atm.

I agree, Why we or they need to keep looking at the market situation  instead the team are just need to focusing on their developments and progress for the project. If they will have the features they need before the next run it will be really a big boom.

That'll give them a better boost, seems my first post lead to a bit of confusion; i'm in favor they should focus on the market, i'm only saying if a bull comes it'll surely be to their benefit as well.

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[Ace44]

I don’t think anything puts people off more than kyc I personally prefer when ICOs allow for a low cap trader to do only minor kyc I mean why should people trading 100$ have to do extensive kyc but each group has its own requirements

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed

[ethtrader16]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

It's allowing now? I am not sure but I guess few time back someone mentioned here about some issues BitMax login. I didn't checked that yet if everything is fine.

[appraiser]

I like this project, very good partners and investors. But I can't mine tokens ((( ... Very fast trading, I lose more on the change in the exchange rate.

[ctrades31]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I want to take a part in mining butbi don't know about the rewards. I mean after mining where we will get the mined funds? In BitMax account or we have to provide our wallet address?

[CrypticBabe]

I'm a Regular Low-to-Mid volume Trader and dont do much trading. But i've been trading on Bitmax for some day and i'm really satisfied with how this exchange operates! 

[Kinkadeinspired]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

if there is one thing i have learned from cryptocurrency it is that nobody can predict the future they can only give a probability of what they believe will happen

Exactly, and I hope a lot of people comes to realize this. If the "experts" can't really predict, they can give its probable direction but we have seen that failed numerous times as well as succeed.

[gee777]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market

if there is one thing i have learned from cryptocurrency it is that nobody can predict the future they can only give a probability of what they believe will happen

Exactly, and I hope a lot of people comes to realize this. If the "experts" can't really predict, they can give its probable direction but we have seen that failed numerous times as well as succeed.

But keep it in mind that there are some top shots that are manipulating the market and know when it is going to rise and fall, they just keep this information to their insider group.

[ibininja]

Lol, everyone is on the look out for the market to get better before implementing anything significant on their platform I’d like to believe BitMax is a party to this.

If you ask me, they shouldn't focus that much on the whole market situation. I am sure they have set themselves some development goals/milestones they want to achieve. It makes no sense to slow things down only because the market doesn't look good atm.

I agree, Why we or they need to keep looking at the market situation  instead the team are just need to focusing on their developments and progress for the project. If they will have the features they need before the next run it will be really a big boom.

I honestly think the market impacts the exchanges and their growth as you know it all goes back to the traders; if the platform lacks traders hence volume you are basically saying that the exchange is terrible. However I think with bitmax they've been progressing nicely during this terrible market. let us see if they can keep it up.

[faulerwilli]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I want to take a part in mining butbi don't know about the rewards. I mean after mining where we will get the mined funds? In BitMax account or we have to provide our wallet address?

I think the rewards will be credited to your Bitmax account. Unfortunately I do not have enough time to read everything, but maybe you can find the information here:
https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012329854-BitMax-io-Transaction-Mining-Reverse-Mining-Rules-Updated-as-of-November-21st-2018-

[Sozialtourist]

Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it

I want to take a part in mining butbi don't know about the rewards. I mean after mining where we will get the mined funds? In BitMax account or we have to provide our wallet address?

I think the rewards will be credited to your Bitmax account. Unfortunately I do not have enough time to read everything, but maybe you can find the information here:
https://bitmaxhelp.zendesk.com/hc/en-us/articles/360012329854-BitMax-io-Transaction-Mining-Reverse-Mining-Rules-Updated-as-of-November-21st-2018-

Yeah, the rewards will be transferred on your Bitmax account I guess. They also posted a video tutorial on how the mining works: https://www.youtube.com/watch?v=M14HYHGryjI

[ganeshramk]

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed

These days KYC is getting much easier. Only thing is team needs to be careful about choosing a right partner to do this in an efficient manner.

[nxnqauff]

I'm a Regular Low-to-Mid volume Trader and dont do much trading. But i've been trading on Bitmax for some day and i'm really satisfied with how this exchange operates! 

Thats really good to see such good comments. BitMax will become huge it seems and might compete with Binance in the near future.

[em777]

I'm a Regular Low-to-Mid volume Trader and dont do much trading. But i've been trading on Bitmax for some day and i'm really satisfied with how this exchange operates! 

yeah, bitmax is creating the next generation exchange platform and i believe they will get to the top in the exchange space i have seen their publicity effort

[AngelJoshua]

I don’t think anything puts people off more than kyc I personally prefer when ICOs allow for a low cap trader to do only minor kyc I mean why should people trading 100$ have to do extensive kyc but each group has its own requirements

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed

I agree with that, We minor investors must really do more easier or minor kyc then those who has a big investment must do some more difficult kyc. But having an equal requirements for it is also fine to me.

[gee777]

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed

These days KYC is getting much easier. Only thing is team needs to be careful about choosing a right partner to do this in an efficient manner.

Most crypto community guys do hate kyc although we have to realise that it is for our good and most times it doesn't take most of our time.

[phantam]

I understand kyc but within reason that’s why I prefer when companies stage their kyc in levels so that small time traders just selling 50$ of ethereum don’t have to do a bunch of documentation

[fidotnews]

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed

These days KYC is getting much easier. Only thing is team needs to be careful about choosing a right partner to do this in an efficient manner.

Most crypto community guys do hate kyc although we have to realise that it is for our good and most times it doesn't take most of our time.

what do you mean - is for our good?
I think that KUS is not needed at all, and it severely limits the development of projects.

[gee777]

You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed

These days KYC is getting much easier. Only thing is team needs to be careful about choosing a right partner to do this in an efficient manner.

Most crypto community guys do hate kyc although we have to realise that it is for our good and most times it doesn't take most of our time.

what do you mean - is for our good?
I think that KUS is not needed at all, and it severely limits the development of projects.

In a way it brings some level of security to users of the platform. If you were scammed it would be easier to trace the person that scammed you. As for the project development limitation can you shed more light?

[boccoca8]

Mining: Process of the user paying certain transaction fee and receiving equivalent market value of BTMX as reward on hourly basis. That is good!