Quote from: Minexcoin.com on June 08, 2017, 08:51:28 AM

Quote from: bob75coin on June 07, 2017, 10:03:54 PM

Quote from: Minexcoin.com on June 07, 2017, 06:27:07 PM

Quote from: bob75coin on June 07, 2017, 04:13:08 PM

I like this project and I invested a little btc.
I read again the whitepaper and it' s very difficult fo me to understand this sentence:
"Low volatility of the coin (within a five-percent range) achieved autonomously
with traditional financial tools".
How can it be possible?

This is precisely the idea of a stably, controllably growing Minexcoin course. The philosophy of the coin is this: Minexbank determines the current interest rate. A floating rate stimulates the coin holders to freeze and not bring it to the market. By adjusting the bet, the algorithm, in fact, regulates the amount of frozen funds. The supply on the market is decreasing. At the same time, the rate becomes attractive to investors who have not yet entered Minexcoin, and this increases the demand. As a result, the price increases. Regulating interest payments, the balance of supply and demand is regulated. The price is held in the given growing corridor. Over time, with the launch of other applications (MinexExchange, MinexPlatform, MinexMarket), there is a demand for Minexcoin from online retailers, businesses and, subsequently, to preserve and accumulate values. Minexbank is able to gradually reduce the discount rate.
Where does Minexbank get its funds? -- you ask. From the reward for each block. First 20% and up to 70% in a couple of dozen years from the reward for each unit.
A very big request to all! READ WP. You will discover the uniqueness of Minexcoin. Cheesy

Thanks for the explanation. This coin is very innovative and unique!

In fact it is not such a big innovation. Similar financial instruments are used by all central banks to stabilize their national currencies. But uniqueness is yes! It consists in the fact that we combine the tools of traditional financial markets with the advantages of blockchain technology and crypto currency.