Post
Topic
Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
minexpuntcoin
on 08/03/2018, 00:24:38 UTC
fuck the rates getting lowered again. This is shite, I got into this coin because I'm not a dumb fuck who prays for 100x price increases - that's not possible anymore. I got in hoping to 100x the amount of coins I have and sell them at a similar or slightly greater value a few years from now and become big ballin millionaire. Now even if the coin hits some ridiculous price like 100$, it still wont matter that much because monthly interest will probably be like 2% by then. The only hope is that it gets into 4 digits but this is basically what every other crypto investor hopes for and it will never come true. Maybe there will be another crash and the monthly interest will shoot back up to the mid teens for a year I hope

Instead of your incessant bitching about the interest, have you ever just considered to take 10 minutes, read the whitepaper?  Then you would understand how stupid your post here is!

Not to mention, 2%/month compounded is approximately 21%/year.  Still fucking amazing, so if you really are not a dumb fuck(big IF) then you would realize 21% a year crushes the Dow, the S&P 500 and pretty much any other investment you can put your money in.  So why don't you do some math, and realize MNX is pretty fuckin awesome, or sell it and gtfo here!


if i want 21% a year im going to put all my money into amazon - then i dont have to worry about any dips, about any market crashes, and I will get more than 21% a year. If i am in risky crypto i want more than 21% a year silly

Ok, Amazon is most certainly a "sure thing" so maybe you should go put your money in that at $1500/share.  Might as well go put some money in Tesla too, I mean, if you are chasing the highest P/E ratios on the market, cuz that's your strategy, right?
The 21% isn't profit, merely the number of coins you would earn(more like a huge dividend).  I give up, because we are obviously on different pages, and most certainly, different levels.