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Showing 20 of 69 results by Rennsemmal
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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 11/06/2018, 16:23:38 UTC
All this ridiculous change in price is in fiat currency. If we look at its price in parity with BTC there is still 2% increase. In past it has resisted well and seemed powerful coin as hedge against volatility in market couple of months ago. This is also part of market to see decreases as well but someone is buying that's why sellers can sell.


 Huh
Since 18. March (0,00362598 BTC and now 0,00095581) MNX lost about 75 % of value.     
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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 17/04/2018, 21:30:48 UTC
+1
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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 13/03/2018, 11:34:42 UTC
Wow wow wow, stop pumping!
The parking rate is decreasing... Shocked

Thats what i think. Wait 3 or 4 days and de will be back at 20$ and all we got is a loss of nearly 2% (monthly).... 🤪
This is I observe the parking rate is decreasing so for now I wait for the price to drops for me to buy more. I also hope the parking rate could go back to normal weekly/monthly percent.
Current parking percents is something like bonus for early birds. Percents in bank will go down, but I think it should be something very bad. At the moment we getting only good news from devs and that's why price is going up and percents going down. And it is normal. I hope we will reach $100 ASAP and just few percents at monthly parking rates.

Seems to get True what i wrote  Sad
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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 10/03/2018, 18:18:59 UTC
I think for the yearly rate there is no reason to be decreased.
Atm the Monthly is 11,4 %

=>1,114 ^ 12 = ~3,65 Thats 365% per year !!!!

So the 70 % from yearly is really low compared to monthly.

And the 70% are about 4,5% monthly.

I understand your point.
First of all, the monthly with compounding is 265% profit vs 70% profit yearly, and of course I know that, hence why i only reinvest my paid interest in yearly, and put the other coins back into monthly(which obviously monthly is more profitable at the moment, a monkey could see that, congrats, u are at least as smart as a monkey)
Two months ago the monthly was 19.5%, and two months from now, the monthly might be 5%, and two months from then it could be 2%.  So you aren't going to get 12 months of 11%, so doing the yearly math on the current monthly rate is misleading you guys, and once the yearly rate is gone, and down to 40%, then the monthly benchmark might be better than that, but it won't be better than the 70% you could have locked in TODAY!  Obviously you don't have much foresight if this doesn't make sense to you, maybe after the opportunity has passed you by, you will look back and understand where you fucked up.  

Sorry my fault forgot to Remove the starting %.  But can you say what are the rates in Future?  I do not.
So i used the actual rates for explaining.
Maybe the Coin falls back to 2$ (dont think so, but could happen) and rates explore to 50% monthly. Who can say ? So it will be better to get the Maximum out know then in Future. If you Parked your coins last 3 times monthly like the most of us you made 19,5% then 16,5% followed 15,3% Thats about 60,5% in 3 month and you really think in the next 9 month (the Rest of the year) you wont make the last 10%?
Sorry but then you are not even as Smart as a monkey.

So let me quote you.

Obviously you don't have much foresight if this doesn't make sense to you, maybe after the opportunity has passed you by, you will look back and understand where you fucked up.   Wink

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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 10/03/2018, 16:50:49 UTC
I think for the yearly rate there is no reason to be decreased.
Atm the Monthly is 11,4 %

=>1,114 ^ 12 = ~3,65 Thats 365% per year !!!!

So the 70 % from yearly is really low compared to monthly.

And the 70% are about 4,5% monthly.
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Topic
Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 10/03/2018, 13:36:10 UTC
Wow wow wow, stop pumping!
The parking rate is decreasing... Shocked

Thats what i think. Wait 3 or 4 days and de will be back at 20$ and all we got is a loss of nearly 2% (monthly).... 🤪
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Topic
Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 09/03/2018, 11:43:15 UTC
price drops from 36 to 27 and interest stays the same lol

That's why it's shitty in my eyes.

But if the price goes up by the same amount, BOOM's rates go down. And do not tell me now, the bank has other options if the price drops, what to do about it, except to increase the rates, why does not it then if course falls. So it is in my opinion a huge shit.

Whats shitty about it? Intrest rates doesnt change right off the bat when price moves somewhere. Rates are still manually confirmed by an analyst what algo gives out. When price falls you will see intrest rates go up. They have gone up every time price has fallen, but not as much when price rises.. Algo is probably configured that way to get the maximum effect with minimal intrest rates.
You are right, but at the moment we can see how BTC and all remaining Top 10 coin going red but MNX price stays at same level and that mean percents in bank can be lowered without MNX price rice.

 thats a Joke or,
 20-25-35-30-25
Thats Not Low volatile and mnx is red too.
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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 09/03/2018, 00:12:39 UTC
price drops from 36 to 27 and interest stays the same lol

That's why it's shitty in my eyes.

But if the price goes up by the same amount, BOOM's rates go down. And do not tell me now, the bank has other options if the price drops, what to do about it, except to increase the rates, why does not it then if course falls. So it is in my opinion a huge shit.
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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
Rennsemmal
on 22/02/2018, 22:21:29 UTC
I am guessing no one will listen, but I will see you guys at 10$ MNX in the next 2 weeks
Enjoy the dumping
Not bad, if MNX will reach the price $10 on the next 2 week i think people soon is selling it. this coin has long been in the crypto market and i think this coin must reach the price up to the moon.

Read the whitepaper, give up on this coin going to "the moon"  Although it perfectly well has the potential to do so, there are systems in place to prevent that.  
Do some math people.  At the current interest rates offered, you double your coins every 4-5 months!  That is a fucking moonshot RIGHT THERE.   Any price increase, even to $25 has a huge increase in profit when you double your coins you bought around $20, considering you make 15% extra coins EVERY MONTH.  The only thing you should do with MNX is add to you position in a dip, and keep parking, as long as the value stays above 10$ you will never lose money on MNX in the long run(and the longer you own and park the lower the price can go without losing a penny), and whenever the coin goes above $20 you will be in the significant profit zone.  What other coins/tokens available can the price not move any and you make money?  Very few, the masternodes, and those aren't near as profitable as Minexcoin without a price increase and you need to put up a significant upfront investment(ie:more risk)  How hard is this for people to grasp???  Minexcoin is fucking amazing if it never goes up at all, it gives the small investor a way to receive great interest and benefit from the motion of the coin.  The fact Minexcoin doesn't have a bigger following is completely baffling to me, there really is nothing like it available that I know of.

Then add in their own exchange, atomic swaps, one of the most responsive dev teams, a successful wallet with a 2.0 version coming out soon, the minexplatform in the future, and its ability to work on the lightning network.  The fact is hasn't been adopted by more people is the main reason I have scam skepticism that everyone gets mad at me for discussing, but with all the good about the coin, it really should have a much bigger marketcap imho

The explanation for MNX not having a higher maketcap is very simple : no marketing.

1) On a strategic point of view, the current situation makes a lot of sense. For now, only people who know about MNX buy/sell MNX. Which means no NEW MONEY. The price CANNOT go up in such condition. This is simple math.

- The minexbank rates are here to maintain the price stability while the project is still young and the ecosystem is in the building process. So as to satisfy the very low volatility feature, it has to be this way.
- Once the ecosystem gets developed, they will start marketing slowly, bringing in new players, making the price rise.
- Interests rates wil then drop slowly, to a more sustainable value (for the Minexbank to be able to have a positive flow of MNX)

2) This means that the true gains for now are the parking rates while the price is maintained for the first stage. Then, when the project is more mature and marketing ready, we enter phase 2 with a focus on sustainability and new money

There will be no dump (BTC wise) because the 15% are too valuable. Who among us is able to guarantee a 15% profit everymonth? probaby very few people.

I have been with the team from the start, the first ICO. back then, there was barely any social media and everything was to be built (not even the team profile was published). at that point in time, it might have looked like a scam.

Nowadays, the project is so incredibly advanced compared to back then, that the scam question is but a distant memory.

Enjoy the high interest rates people, it will not last (sustainability of the MNX flow in/out of the minexbank)., I know I am !

+1
Post
Topic
Board Mining (Altcoins)
Re: [ANN] lolMiner-mnx, Mining MinexCoin(MNX) with GPUs on Windows & Linux
by
Rennsemmal
on 14/02/2018, 06:53:00 UTC
1080ti aorus extreme (×1 for testing)
win10
Current Cuda 9
With and without --enable-nv-hotfix
Crashes within 10-15 min

Without Hotfix 20-23 ksol
With Hotfix 5-6 ksol

Done without any adjustments

=> worthless cause u cant leave it unattended

Linux not tested Till now.
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Topic
Board Mining (Altcoins)
Re: [ANN] lolMiner-mnx, Mining MinexCoin(MNX) with GPUs on Windows & Linux
by
Rennsemmal
on 13/02/2018, 09:34:01 UTC
Btw geiler Nickname Lolliedieb  Grin  Grin  Grin
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments
by
Rennsemmal
on 06/02/2018, 08:04:03 UTC
I have a question, it is possible or planed that there is a possibility to park the coins for a quarter (3 months). 1 year is a long time and so you would not have to park again every month. especially if you have several you do not always have to look if it is ready now. Likewise, the coins would be bound for a longer period of time. I think it would be worth considering
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments
by
Rennsemmal
on 05/02/2018, 18:16:11 UTC
Unfortunately the price for Minexcoin is dropping just like most other cryptos right now. I hope the near future brings us more luck and this great coin starts  going up soon!

Hope dies last, but it dies.

Just kidding, MNX will make his Way. We only have to wait and park. Wink
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments
by
Rennsemmal
on 01/02/2018, 15:31:08 UTC
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments
by
Rennsemmal
on 01/02/2018, 15:30:37 UTC
sorry, I wanted to actually express that it is not as always said to be a Coin with low volatility but as it looks with increased. I understand clearly that it is still a young project, but then it should not made statements that can not apply yet.
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments
by
Rennsemmal
on 01/02/2018, 15:12:17 UTC

So, the average loss of the top 10 coins is currently not quite 8%. Mnx faces more than 20% loss in US $ and over 15% loss to BTC.

I do not see low volatility.
Rather the opposite is the case. because if that were the case, the value should actually remain stable compared to BTC. or not ?

a loss of 40% on a week does not look like a small dip.
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments
by
Rennsemmal
on 01/02/2018, 07:14:17 UTC
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments
by
Rennsemmal
on 31/01/2018, 11:44:58 UTC
Minexcoin Info:
Hashrate: 51.55 MSol/s Difficulty: 2.178517020703

MinexBank Rates:
Daily: 0.32% Weekly: 2.9% Monthly: 15.4% Yearly: 70%

Price of MNX: $18,13

So, why the MinexBank algo haven't increased the %s yet? I have an impression that it's very quick to do so when the price rises, but when it goes in the opposite direction, it's not very 'eager' to raise the rates.
It is because all top 10 coins going down and Minexcoin do the same. But for example if all top 10 is stable to 0% up or down, but Minexcoin going too high or too low bank starts to change percentage.



but you can also use it the other way. if the price of the top 10 rises and mnx as well (maybe even less) the interest rate drops anyway.

I have already finished annoying me about it. does not bring anything anyway. Here we are sold in my opinion an A for a Y.
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments
by
Rennsemmal
on 31/01/2018, 06:47:36 UTC
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments (Exchange launch - November, 1)
by
Rennsemmal
on 20/01/2018, 07:29:54 UTC


Hello Rennsemmal. Everything is fine.....

As for the interest rate being down when the price went down, you probably were not online checking it, since the price was higher when the rate was changed...


 Roll Eyes
Yep, would be the reason.  Grin