What is conclusion of this ongoing the team is not ready to accept they are going to scam and on other side some people are showing some facts. It is still hard for me to take decision what to do next price is alreasdy falling and I bought at high price. I have no choice at this moment.
I bought MNX coins at a high prices too but now am waiting hoping that someone will pump the price.
I told myself the same thing ever since MNX started to drop, but somehow, this saviour was not coming ...
Now, I am glad I made the tough call, and sold all @ $2.30 - it's almost HALF the price now, just 3 weeks later
A loss? Yes! But if you think it can't go to 10 cents, then think again. Better to get something than nothing - sell now!
I'm not sure why it would even be worth 10 cents? What do they provide that has any value?
Well, I guess that can be said about 99.9% of crypto currencies/projects, if not ALL of them
Else, please don't twist the meaning of my words. My point was, that people refusing to sell MNX at $1.30 probably do NOT think, it could go much lower.
Whether the target bottom is 10c or 1c or 0 is insignificant.
With all we know about Minex now and the fact that price went down 98% this year( from $56.59 to $1.25) , chances for price to significantly recover are 0.
Minexbank is now holding just 35% of initial coins (1.5 million) . With 1 year parking contracts expiration in second half of November and December, price recovering is impossible.
With yeary interest of 70% which generates hyperinfaltion that is something expected.
Thats just your assumptions dude, dont you know that, every dude who is panic selling, there are also somebody who is confident buying??,,
THe more fudders talk about the price the more they exposed themselves as noobs.
These are not assumptions,but cold hard facts which can be easily checked. Noobs are the ones who keep talking it is sunny when they are inside in the superstorm.
MNX coin price reflects investors trust in Minex as a project. When price of shares lost 98% of its value during 1 year, it is more than clear that theirs trust in Minex are 0.