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Topic: [ANN] [MUL] MultiCoin - with decentralized ATM - MULTIPOOL - Now Distributing - page 13. (Read 20234 times)

member
Activity: 84
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
http://prntscr.com/3b8p2m I am having problems syncing my wallet, yesterday it was fine. But it has been trying to sync for around 10 hours now. And I tried restarting it a few hours ago still having the same problem. BTW Im using mac
newbie
Activity: 42
Merit: 0
I forgot to mention that I also contacted poloniex to list Multicoin.
newbie
Activity: 42
Merit: 0
We need to get on mintpal to really get the ball rolling. Maybe list on all exchanges and we will start voting. It will take a long time without bribes
Voting won't work, you will need at least 17 BTC to be listed on Mintpal: https://www.mintpal.com/voting
newbie
Activity: 42
Merit: 0
EDIT: the ATM setup solely depends on your estimate of multicoin price. If you inflate the amount of BTC being generated, this coin is just a scam.
I don't think I can inflate anything. All the informations are public on the website. You can always check statuses of previous rounds here: http://multicoin.me/history
and status of the current round here: http://multicoin.me/round
The informations about every round are pretty clear.
newbie
Activity: 4
Merit: 0
The hashrate is not 300 MH/s over 24 hours. There were miners mined at stopped mining over the past 24 hours. 300 MH/s is just the current hashrate.
The current running round with 0.34 BTC invested and 300 MH/s is 3.
The link here: http://multicoin.me/history/2 shows the finished round which is round 2. There was 4.06 Bitcoin invested and 2.85 BTC generated from miners that round.

My apology. I read the stats wrong.
newbie
Activity: 42
Merit: 0
There are 0.34 Bitcoin invested from Investors this round and 3.76 Bitcoin generated from miners this round.
The price is calculate very simple: Total bitcoin generated from miners and investors of the previous round divide by the total number of MUL sent out. So there is always enough BTC for the ATM to fulfill cash out requests.

All right, for round 2, 0.34 BTC came from investor while 3.76 from miner. So that 0.34/(0.34+3.76) or 8.3% BTC came from investors. The link below says 58.76%.
http://multicoin.me/history/2

Besides, round 2 has about 300MH/S on average according to your site but generate 3.76 BTC over 24 hours. The efficiency beats every multipool on the market by a large margin. Is it right?
http://poolpicker.eu/text.php

EDIT: the ATM setup solely depends on your estimate of multicoin price. If you inflate the amount of BTC being generate, this coin is just a scam.
The hashrate is not 300 MH/s over 24 hours. There were miners mined at stopped mining over the past 24 hours. 300 MH/s is just the current hashrate.
The current running round with 0.34 BTC invested and 300 MH/s is 3.
The link here: http://multicoin.me/history/2 shows the finished round which is round 2. There was 4.06 Bitcoin invested and 2.85 BTC generated from miners that round.
newbie
Activity: 4
Merit: 0
There are 0.34 Bitcoin invested from Investors this round and 3.76 Bitcoin generated from miners this round.
The price is calculate very simple: Total bitcoin generated from miners and investors of the previous round divide by the total number of MUL sent out. So there is always enough BTC for the ATM to fulfill cash out requests.

All right, for round 2, 0.34 BTC came from investor while 3.76 from miner. So that 0.34/(0.34+3.76) or 8.3% BTC came from investors. The link below says 58.76%.
http://multicoin.me/history/2

Besides, round 2 has about 300MH/S on average according to your site but generate 3.76 BTC over 24 hours. The efficiency beats every multipool on the market by a large margin. Is it right?
http://poolpicker.eu/text.php

EDIT: the ATM setup solely depends on your estimate of multicoin price. If you inflate the amount of BTC being generated, this coin is just a scam.
newbie
Activity: 42
Merit: 0
How is the 0.34 BTC from investment being able to generate 2.85 BTC? If such is the formula to calculate multicoin price, how can you make sure the ATM has enough BTC to supply for cashing out request?
The total amount of bitcoin generated is coming from 2 sources: Miners and Investors.
There are 30 rounds, each round last 24 hours. There are 5,000,000 MUL sent to Miners and 5,000,000 MUL sent to Investors each round.
Current round number is: 3
There are 0.34 Bitcoin invested from Investors this round and 3.76 Bitcoin generated from miners this round.
The price is calculate very simple: Total bitcoin generated from miners and investors of the previous round divide by the total number of MUL sent out. So there is always enough BTC for the ATM to fulfill cash out requests.
newbie
Activity: 4
Merit: 0
How is the 0.34 BTC from investment being able to generate 2.85 BTC? If such is the formula to calculate multicoin price, how can you make sure the ATM has enough BTC to supply for cashing out request?
sr. member
Activity: 448
Merit: 250
Only 0.34 BTC invested today?
sr. member
Activity: 336
Merit: 250
legendary
Activity: 1428
Merit: 1000
We need to get on mintpal to really get the ball rolling. Maybe list on all exchanges and we will start voting. It will take a long time without bribes
newbie
Activity: 42
Merit: 0
Is there any plans to get it listed on exchanges or are you waiting till all the coins have been distributed before that?
Already contacted bittrex to list the coin.
legendary
Activity: 1428
Merit: 1000
Is there any plans to get it listed on exchanges or are you waiting till all the coins have been distributed before that?
newbie
Activity: 42
Merit: 0
My wallet is stuck again - block 998
Your wallet is not stuck. Block 998 is the current highest block. You can check the blocks here: http://explorer.multicoin.me/
hero member
Activity: 560
Merit: 500
My wallet is stuck again - block 998
newbie
Activity: 42
Merit: 0
What about the risk of you just keeping all the 69.5 BTC
     i have the same question....   it is another edge...
I witnessed the whole StackCoin thing. They took the coins and ran away because they can not deliver the system they promised (an built-in exchange coin).
Since MultiCoin is already launched and the M-ATM is already working, meaning the coin is delivered, there is no reason for me to do the same.
newbie
Activity: 3
Merit: 0
What about the risk of you just keeping all the 69.5 BTC
     i have the same question....   it is another edge...
hero member
Activity: 585
Merit: 500
i like this idea,keep moving,you will success
hero member
Activity: 560
Merit: 500
What plans do you have for this coin once the distribution phase is over?
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