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Topic: [ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE - page 13. (Read 63996 times)

full member
Activity: 168
Merit: 100
I have to say _ think this is some sort of elaborate scam - but prove me wrong.

15 minutes ago their caculator saud my coins would be worth $175

15 minutes later it says: $65.00

the coin is not even listed on an exchange yet and it's dropping in value faster than a hot rock,

The calculator is based off the pool/net hashrate vs your own hashrate.

This is how much 1 MidasCoin is worth right now, and this value goes up.


This is only fictional, you cannot say that coin worth some amount if noone is buying/selling, no exchange

This is not a fictional value, because you can exchange coins today on http://midaspay.io/shop into Gold or USD for a Midas MasterCard.
if i choose to change into gold how will i get the gold?
sr. member
Activity: 266
Merit: 250
I have to say _ think this is some sort of elaborate scam - but prove me wrong.

15 minutes ago their caculator saud my coins would be worth $175

15 minutes later it says: $65.00

the coin is not even listed on an exchange yet and it's dropping in value faster than a hot rock,

The calculator is based off the pool/net hashrate vs your own hashrate.

This is how much 1 MidasCoin is worth right now, and this value goes up.


This is only fictional, you cannot say that coin worth some amount if noone is buying/selling, no exchange



This is not a fictional value, because you can exchange coins today on http://miodaspay.io/shop into Gold or USD for a Midas MasterCard.


What Bank is the MidasCoin Mastercard issued through - since only Banks can issue Mastercards
newbie
Activity: 56
Merit: 0
I have to say _ think this is some sort of elaborate scam - but prove me wrong.

15 minutes ago their caculator saud my coins would be worth $175

15 minutes later it says: $65.00

the coin is not even listed on an exchange yet and it's dropping in value faster than a hot rock,

The calculator is based off the pool/net hashrate vs your own hashrate.

This is how much 1 MidasCoin is worth right now, and this value goes up.



It's already rose by about 1000 satoshi since launch.

how does difficulty go fro 628 down to 2 in one block?

The net hash just increased by 3 GHash, so obviously it's going to affect how many coins you're going to get (and their respective total worth) ?
newbie
Activity: 56
Merit: 0
I have to say _ think this is some sort of elaborate scam - but prove me wrong.

15 minutes ago their caculator saud my coins would be worth $175

15 minutes later it says: $65.00

the coin is not even listed on an exchange yet and it's dropping in value faster than a hot rock,

The calculator is based off the pool/net hashrate vs your own hashrate.

This is how much 1 MidasCoin is worth right now, and this value goes up.


This is only fictional, you cannot say that coin worth some amount if noone is buying/selling, no exchange

This is not a fictional value, because you can exchange coins today on http://midaspay.io/shop into Gold or USD for a Midas MasterCard.
newbie
Activity: 56
Merit: 0
guy - you have serious problem with your block chain

it's taking 10 to 30 minutes to find a block and no one else has access to the block chain other than your own pool.

I think people are getting ripped off hash wise and you guys are using the hash for other reasons

Last block found was 2 minutes ago...
sr. member
Activity: 266
Merit: 250
I have to say _ think this is some sort of elaborate scam - but prove me wrong.

15 minutes ago their caculator saud my coins would be worth $175

15 minutes later it says: $65.00

the coin is not even listed on an exchange yet and it's dropping in value faster than a hot rock,

The calculator is based off the pool/net hashrate vs your own hashrate.

This is how much 1 MidasCoin is worth right now, and this value goes up.



It's already rose by about 1000 satoshi since launch.

how does difficulty go fro 628 down to 2 in one block?
full member
Activity: 168
Merit: 100
I have to say _ think this is some sort of elaborate scam - but prove me wrong.

15 minutes ago their caculator saud my coins would be worth $175

15 minutes later it says: $65.00

the coin is not even listed on an exchange yet and it's dropping in value faster than a hot rock,

The calculator is based off the pool/net hashrate vs your own hashrate.

This is how much 1 MidasCoin is worth right now, and this value goes up.


This is only fictional, you cannot say that coin worth some amount if noone is buying/selling, no exchange
newbie
Activity: 56
Merit: 0
I have to say _ think this is some sort of elaborate scam - but prove me wrong.

15 minutes ago their caculator saud my coins would be worth $175

15 minutes later it says: $65.00

the coin is not even listed on an exchange yet and it's dropping in value faster than a hot rock,

The calculator is based off the pool/net hashrate vs your own hashrate.

This is how much 1 MidasCoin is worth right now, and this value goes up.



It's already rose by about 1000 satoshi since launch.
sr. member
Activity: 266
Merit: 250
guy - you have serious problem with your block chain

it's taking 10 to 30 minutes to find a block and no one else has access to the block chain other than your own pool.

I think people are getting ripped off hash wise and you guys are using the hash for other reasons
sr. member
Activity: 266
Merit: 250
I have to say _ think this is some sort of elaborate scam - but prove me wrong.

15 minutes ago their caculator saud my coins would be worth $175

15 minutes later it says: $65.00

the coin is not even listed on an exchange yet and it's dropping in value faster than a hot rock,
legendary
Activity: 2898
Merit: 1017
member
Activity: 85
Merit: 10
The address your company is registered to reaches 2 sides of the road. makes no sense to me. fake? please explain.
http://www.companiesmadesimple.com/

Follow the thread.
sr. member
Activity: 266
Merit: 250
coins have glitches at the start!
 but this is still working fine my end. i have coins confirmed and miners mine.

 let the man fix his bugs.

aint that the truth - syscoin was the glaring example of problem after problem!
newbie
Activity: 56
Merit: 0
You list a value for our mined coins today: so how do we convert those coins into Cash today or is this some elaborate scam?

Who is buying and selling this? Where is my gold? Can I exchange this for something?

How much MID per BTC?

MidasCoin can be used in our shop at http://midaspay.io/shop to buy gold bars or a Midas MasterCard with USD topups to spend in any MasterCard accepted store. These can be purchased at any time at the current value that we back on the site, on the pool and on the various widget images.
sr. member
Activity: 310
Merit: 250
Who is buying and selling this? Where is my gold? Can I exchange this for something?

How much MID per BTC?

Not really sure I want to mine it with all the block chain problems anymore.
sr. member
Activity: 266
Merit: 250
problem with their block chain

tool 20 minutes to go from one block to the next

Code:
279 119 left upir 09/09/2014 02:58:23 85.5708 50.00 5,607,971 126,041,744 126,041,919 2,247.55
278 118 left ninja 09/09/2014 02:29:43
sr. member
Activity: 436
Merit: 250
The address your company is registered to reaches 2 sides of the road. makes no sense to me. fake? please explain.


full member
Activity: 153
Merit: 100
coins have glitches at the start!
 but this is still working fine my end. i have coins confirmed and miners mine.

 let the man fix his bugs.
sr. member
Activity: 266
Merit: 250
how do I make my own midaspool???

is it supposed to be 1 centralized pool for all miners or will there be more later???

you don;t right now - this is posted on their website

Quote
We are recompiling all the wallet and performing a small update on the source code. Wallets and source will be available again soon (eta 12 hours)
People that already downloaded the wallet/compiled source need to mandatory update.
sr. member
Activity: 266
Merit: 250
looks like the block chain is stuck
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