Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments (Exchange launch - November, 1)
by
Rennsemmal
on 16/01/2018, 14:01:06 UTC
Minexcoin is pretty strong during this dip! MNX (-13.96%) / BTC (-14.08) So not so bad but still very volatile if you ask me. Algorithm should be working harder! Cry

Volatility is relative. They states that MNX is low volatile relative $ price of 10 main coins. For the simplicity sake, if BTC falls 14.08 (relative to dollar) & MNX falls 13.96  (relative to dollar) then  relative to BTC price in dollar MNX grows 0.12%. Very stable,  non-volatile.


Yeah but as far as i know its bound to US$ and there is a loss about 10% atm and thats not growing. Cause the difference of 0.12% is a profit against BTC not US$.  Wink

Not correct. It is bound not to dollar but to price in dollar of 10 main coins.  Read whitepaper once more.


Now iam confused  Huh  Huh  Huh
The Price of the Coin decreased from about 33 to 24.
Whats the difference ?  Undecided