Re: SCAM: MinexPay crypto debit card by minexpay.com / Minexcoin
They used project as cash cow,milking it to the last drop of milk/cash. With so many lies and with so brutal attitude toward investors(attacking,harassing, instabans...) it is probably one of the worst ICO scams ever. What they did do the people on Telegram group is an attempt of using behaviour conditioning and developping of Pavlov reflex on human beings - people developped fear of instaban, to ask what is happening with theirs money.
They left 500.000 MNX premined coins yet. I strongly believe that they would leave project right now, if they were successful to sell them all. I predicted that after last parking rate drop, price of MNX would settle in $0.28 -0.22 range, but it seems that it is possble to go even lower. Market is so shallow now,that only one mid-size investor dump can destroy it completely. Instabuy demand is on 0 ,so we will see who will dump first - some investor or Minexsystems/Minexpay.
They left 500.000 MNX premined coins yet. I strongly believe that they would leave project right now, if they were successful to sell them all. I predicted that after last parking rate drop, price of MNX would settle in $0.28 -0.22 range, but it seems that it is possble to go even lower. Market is so shallow now,that only one mid-size investor dump can destroy it completely. Instabuy demand is on 0 ,so we will see who will dump first - some investor or Minexsystems/Minexpay.
As far as dumping is concerned, the price is now $0.25 and sinking. people are getting out. I agree with you, there is no doubt in my mind that if they could sell their remaining pre-mined MNX they would exit, fast.
The Minex team have lost the public relations battle, it is a disaster for them. Banning people on Telegram and using the censored Bitcointalk thread to silence people has backfired spectacularly.
I do think Boris and Co have definitely left enough evidence to make themselves culpable in a Court of law. I just hope Boris does get a chance to defend himself in Court even though it will be a futile attempt to try to avoid the inevitable jail sentence.
When some company is trying to scam investors, it is just matter of time when the house of cards made by theirs public relation department will collapse. They can lie people some time,buy cant lie all the people all the time.But it seems that price of MNX is now in free fall:
