Quote from: revenant2017 on June 06, 2017, 11:58:51 PM

Quote from: stefandixon on June 06, 2017, 11:45:49 PM

why is minexcoin price so expensive... 3.759 USD

i thought when new currencies are released they are usually under cents?

price is way too high for starters

There is an acting central bank for minexcoin so volatility of this coin is not a problem at all. Unlike other coins, it will suddenly go twice as higher in just a few minutes.

Why? Because of the following:
1) Stable asset Minexcoin price will within the range of +5% or -5% from the closing price. If there is selling/buying pressure, Minexbank (acting like a central bank) will intervene to stabilize the market
2) Parking coins MNC will pay average 70% in 2017 and gradually go down as MNC price will grow
3) Bright future MNC is expecting to grow at a rate of 33.60% and price to increase to reach $52,600 over block 5,400,000 or MNC value will reached $52,600 at the end of 28.25 years. Calculated as: [24hours x 60 min/1 hr x 60 seconds/1 minute x 365 days] / [ 165 seconds]
4) Global payment MNC is expecting market cap of $1T or 1.05% of the total market capitalization at coinmarket cap. This is computed as $1T/$94.65T).