Post
Topic
Re: Minexcoin - A new era of payments
by
bitbat45
on 14/09/2018, 01:30:54 UTC
    • The next memorandum (and the subsequent decrease in the MinexBank parking rates) will be made with the launch of cards.
    I hope that the Minexcoin team learned from the last time they quickly and drastically changed the parking rates.  That last change triggered the start of the rapid decline in value.  My suggestion would be for all parking rate changes to be made slowly over time and with more transparency.  That is how interest rate changes are made in normal financial markets.  I understand that the parking rate is at the maximum now.  What are the current price targets for the parking rate calculation?  What is the timeline for further decreases?  What is the long term plan for parking rates?  I think this info should be made available or displayed in Minexbank.  Making parking rate announcements in a memorandum makes it look like the team is only reacting to the current situation which is what the algorithm was originally intended to do.  Sticking to a transparent plan would bring more confidence to the project.  We need more confidence right now.  Looking forward to receiving my card!