Re: [ANN][ICO] Minexcoin - A new era of payments (Exchange launch

$40.00 USD (35.17%)
0.00364521 BTC (30.14%)

WoW

going 60-80$ end of december , Jan over 100$

thx Minex-Team

But the targeted price is still 20$. They aim a constant growth for this coin, not a big pump. It's crazy, I think the guys who bought at 40$ or more risk to be disappointed. Let's hope I'm wrong..

20$ is not targeted price. It is point from where Minex bank starts his algoritm calibration. Read memorandum https://minexbank.com/memorandum

Yes, effectively, it was this part: "Reach the exchange rate of 20 USD/MNX in the nearest future" -> Done

But the growth is defined like this "Wed like to pay special attention of the MNX market participants to the following circumstance. MINEXBANK's activity will be aimed at keeping the MNX quotes to USD within the 5% range of fluctuations relative to the representing the estimated growth rate of 42,7% per annum from the rate of 20 USD/MNX."

40$ are much higher than 20*1.42=28.4, and the coin is only released since 1 month, not 1 year.

Perhaps you were talking about "Next revision of the MNX growth rate to USD will be effected on March 1, 2018.", but this revision will occur only in 4 months.