This is interesting formula to make satisfied the investors who bought a month ago almost 50% down. When I placed my orders it was above $5 and now it is around $2 so that I also agreed with you it become less volatile if price go more down.

There's going to be a lot of disappointment around the end of October.

I have faith the cards will be delivered. So far, the team can still meet their target of shipping cards before the end of September. Still we have around 3 weeks so let's wait at least that long before complaining about it.

But... We know that the cards will not be active on Day 1... It's already been mentioned after shipping there will be a couple of weeks of activation time.

That's fine. Nothing to worry about so far.

But when the first people start trying the visa cards, and they are proven to work... There is absolutely no reason why the value of MNX should suddenly climb to 10 to 20 USD as people are (wildly) predicting.

Why would it? It would only do so if there was a sudden huge demand and the few exchanges trading mnx were swamped with buy orders. There's no simply no reason to think that would happen.

The market price situation concerning so many will improve with a successful delivery of working visa cards... But it's not going to be the overnight correction people are (without any justification or supporting reasons) predicting.

Further successful product delivery will help raise market value.

I'm fine with a slow, steady uptrend in market value. That's what I predict will happen and its what I've based my strategy on.

thats a big IF..... im not a bankeer so im just guessing but i think they should know exactly date when they can start sending cards IF they have some kind of deal with visa. If they still changing date and deceiving it means only they might still negociate or just lying....
First was "we will start sending in september", then "we will start sending 6 weeks after verification" - wich started in september...... strange things with AML, lack of answers for email - honestly i lost my faith in the project and watching the price not only me

No, no it won't.

Value will be seen when there is more buy demand than sell demand.

Successful visa cards will not produce the massive volume of buy demand required to reverse the market at the same rate as its fallen. People need to start accepting this now and stop thinking it will.

It will help in a big way to decelerate the downward trend. Perhaps enough for a gradual rise... But it would have to be triple the current demand to equal the sell demand.

Thinking anything else, or throwing around any other unsubstantiated guesses is just plucking numbers out of the air. Ridiculous.


I still have faith in the long term prospects of this project. And also no reason so far to conclude the team will not deliver.

Does not mean the price is going back up though. Accept that.

There are many rumors and bad FUDs to be released out after Minexcoin allows users to register visa cards . Do you think if there are anything strange to appear in this stage and who is heading to this fact? what do they want for minexcoin project? Let's think about it before selling because there are many coins to be bought at the cheap price and I 'm lucky to buy some cheap coins for parking on minexbank.

It most absolutely is true.

This assumes that the 'half' of registered, but unpaid, persons have zero holdings in MNX

As this is still very much an unpublished and niche product, it will only have had registrations by persons familiar with/already holding MNX.

There's already over 4,000,000 mnx in circulation. 10,000 is pocket change. 100,000 even. Most of those people waiting to pull the trigger on the cards will already have the mnx required.

Even if they don't, 100,000 is a single day's volume on Livecoin. You can verify this easily.

You need far more than double a daily volume to significantly move a market.

I'm not replying to belittle you, just pointing out the flaw in your argument with some supporting facts.

even the rank 2 cryptocoin (ETH) is in bearishhhhhh and it doesnt mean a failure and requires vitalik to blame same goes to minexcoin. Its an open-market, anybody can sell and buy the coins. If you have confidence in the project youre free to buy then if not then you are free to leave. Thats pretty simple.

I still believe in this project, i just love the parking feature than POS. Lets just give enough time for this project to be fully developed. 

personally, i wouldn't have expected anything different. i have however, become a bit fed up of the FUD and whinging people, on this thread, who should really just get out of crypto for their own benefit!

looking forward to a long and fruitful hodl of my coins. (as ever!)

i have one question about minexbank , last time , this afternoon , i put my full amount of minexcoins in my minexbank and choose for 1 month but where normaly is show what the expected return is , it is now showing zero , maybe team can look at this?