Quote from: MineCoin.org on April 30, 2018, 11:09:30 PM

Hello!

Our algho it's not making money, it just trying to keep the price in corridor with instruments, which are working with fiat money.
Please, don't spread false info.

From what I've read in the thread and telegram, minex and the implemented algo are interesting and I really like the ideas of Minexcoin and -Bank. However, 1) 5% a day is still quite big for a coin which aims to be somewhat a stable coin, 2) being an algo and interfering (only in emergency cases) in the markets - it sounds to me like a bet on human rationality, which is... well... you know. 3) Aiming for stability towards fiat instead of btc or the crypto top 10 in times when investments in crypto get somewhat shuffled, I personally see the possibility of huge fluctuations, it will be at least interesting to see how the price develops with that and your algo adjusts to it, keeping the 5% in mind. Apart from that, thumbs up for your progress so far. Permanent development, constant progress on the roadmap, I like the Minexbank app and lately lightning transactions with btc and ltc (which I very much miss just the mention of it from newer coins), I am looking forward to hear more and keep parking a few mnx. I would like to hear more about your plans for Q3 and Q4 especially for mining, but that is still 'far' away, so keep up the good work