My favorite project that I did not fix on the top, although I had to do it. But I think that its price will go much higher, the main thing is to wait for time. But you can get a considerable profit. 

The summary of today’s news and statements

Regarding MinexPay cards
AML/CFT sections will be added to the website today
The first lot of cards will be sent out in September.
After you receive a card, there’s a possibility of 1-2 weeks long lag before you will be able to use them. We are working so that it won’t happen, but there’s a slight chance it still might.
The card price is fixed. If the price of MNX grows to the point where the card price becomes not competitive, we are going to reconsider it.
The card issuer will be announced next week
Their are no additional fees for currency conversion. (Foreign exchange fee 0%)
Card deliveries are free and will be done worldwide, with only exceptions being Crimea Region of Ukraine, Cuba, Iran, North Korea and Syria.

General

We’re still negotiating with HitBTC. If we don’t reach consensus, we will consider delisting and listing on another exchange from top-10
There are currently 80+ people working on the project, 48 of them are coders.
We are not working on any listings right now, save for HitBTC one.
The information about the upcoming Instabuy buybacks will not be announced. We will make announcements about buybacks only post-factum. With proofs.
Instabuy buyback algorithms and general strategy will not be disclosed

Thats why iam asking, i want know how work the card on the real life. Because iam really interesting about that. Another reason the card really cheap so i can test it by using Minexcoin Card

all I was write have't connection with crypto, that is general law from citizens in some country.
And yes, I make criticize all wrong moves as $25, $20.....$8, $3 and I will continue when price reach $0.01. So you can write I am fuder whenever, I don't care for price, I talking and criticize project

+ if you open account in regular bank in some country you need to pay taxes in that country. Then what is benefit of this card if I need to open account in regular bank? Much cheaper to send money from exchange to my bank and then not need to spend money to block MNX

btw about card, @NeuroticFish you must notice one thing. MNX not want to reveal name of bank who issue card, they make long verification because they need time to install VISA softwer and even can't start with that before mid July. Now thay can't tell when you can first time use their card. You learn corret, you pay, then wait 2 weeks for KYC, if not pass you will got refund, if pas then wait 4 weeks for delivery, then make deposit for card status (blocked amount) and then wait sometime to card start work.

The benefit of MinexPay is that you can spend your crypto directly and not have to sell on exchange and wire money to your bank..all very expensive

And small amounts $5 or $10 which is great for third world residents

How do you want to compete with traditional credit cards? E.g. in Germany cc are for free. There is no fee for withdrawals and you can use them anywhere.
So why should people use MNX card? Is there a feature that traditional cc don't have?

So the algorithm is now just to reduce parking rates in case of price increase
I support a percentage reduction in order to achieve system sustainability, do not misunderstand me
but I honestly think you're doing illogical moves your decisions are totally illogical and unhealthy for the entire system
you do not work as it is written in wp...you set unrealistic goals and time constraints to yourself
my 6-year-old daughter would better calculate percentages of rates then you... or that "minex algo" who is obviously in a coma
why 70 percents if you i wp have write 2017-70%  .............2018 45-55% totally wrong .....you want to destroy the entire project?
and you must learn to accept criticism
even when you do everything right
and especially if you are not doing things that you have write in roadmap and wp

you can not ban members from the group if they give you some criticism
they have the right to this because they are all disappointed
hire a bit more serious administrators

you can not place childs there using non-serious terms with impulsive reactions when they are exposed to pressure ....
impulsive reactions on every criticism is totally unproffesional
I was baned  for a shortcut of a rude word without a prior warning when I was provoked by the one of an admins
On the other hand, I watched rude words many many times
When someone defends you and uses ugly words, you do not ban him
if the rules exist, they must be the same for everyone

Selective justice is what I've seen many many times in a telegram group

is this is ok / normal and whether it is a feature of professional work???

Thank you, TeMHuK.

I am looking forward to announcing from the team!
I am praying that Minexcoin Team will carry out this plan without delay.

Almost all the price of cryptocurrencies is down, this seems to be an early-year phenomenon down to August down, but I'm sure the price will soon improve and the end of the year could reach $ 50.

Noone can stand the panic sale Besides, we stated that we are the long-term project, bank only is the first product from the ecosystem, credit cards, ATMs, MinexExchange (DEX), MinexMerchant, MinexMarket, MinexPlatform, etc to come this is along with the web and mobile wallets.

As for interest rates, those who learned the WP should remember that the rates never were said to stay that high forever. Moreover they will be decreased more in the future. Also information about the rates was posted in the blog more that two weeks before the change, so nothing was all of a sudden for those who monitors the project actually