Re: [ANN][ICO] Minexcoin - A new era of payments (Exchange launch - November, 1)
the current mnx token price is far down from the ICO price, whether it will go back up, we will wait how the development of minex project, hopefully the price is equal to ethereum or even bitcoin, just a matter of time
Ico price was like $6...
I'm tired of these arguments in every ico thread. You chose to invest in MNX not in BTC. It's not because BTC went moon that every ICO that was funded with it should go there. Imagine you traded some Apple stocks worth $10 back in 1999 for some Netscape navigator stocks. 10 years later your Netscape stocks would be worth nihil and your Apple stocks (you don't own anymore) would be worth tenfold. Is that unfair? No, that's a choice.
I wonder if BTC went down 70% and the ico price went down just 30% compared to usd, would you consider it a win? Because you would have gone up 40% in BTC price but down 30% in usd price. No, you would consider it a loss because in the end.... USD is still what you're after, no matter how big a btc-fanboy you are (and the fact you traded it for MNX doesn't make you that big of a btc fanboy).
eh, you can't just pretend that btc price doesn't matter though. after all, like you said, usd (or another fiat) is what these short term investors are after, if they would have made 2x or more just holding btc instead of trading, these people will stop buying mnx.
which in the end is a stupid move, because let alone parking, day trading mnx is easy money right now.