[ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE - page 13.

IceColdTommy

full member

Activity: 168

Merit: 100

Quote from: MidasAlchemist on September 08, 2014, 10:19:58 AM

Quote from: IceColdTommy on September 08, 2014, 10:15:45 AM

Quote from: MidasAlchemist on September 08, 2014, 10:14:18 AM

Quote from: jjj0923 on September 08, 2014, 10:11:42 AM

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?

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: MidasAlchemist on September 08, 2014, 10:19:58 AM

Quote from: IceColdTommy on September 08, 2014, 10:15:45 AM

Quote from: MidasAlchemist on September 08, 2014, 10:14:18 AM

Quote from: jjj0923 on September 08, 2014, 10:11:42 AM

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

MidasAlchemist

newbie

Activity: 56

Merit: 0

Quote from: jjj0923 on September 08, 2014, 10:16:18 AM

Quote from: MidasAlchemist on September 08, 2014, 10:14:18 AM

Quote from: jjj0923 on September 08, 2014, 10:11:42 AM

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) ?

MidasAlchemist

newbie

Activity: 56

Merit: 0

Quote from: IceColdTommy on September 08, 2014, 10:15:45 AM

Quote from: MidasAlchemist on September 08, 2014, 10:14:18 AM

Quote from: jjj0923 on September 08, 2014, 10:11:42 AM

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.

MidasAlchemist

newbie

Activity: 56

Merit: 0

Quote from: jjj0923 on September 08, 2014, 10:14:06 AM

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...

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: MidasAlchemist on September 08, 2014, 10:14:18 AM

Quote from: jjj0923 on September 08, 2014, 10:11:42 AM

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?

IceColdTommy

full member

Activity: 168

Merit: 100

Quote from: MidasAlchemist on September 08, 2014, 10:14:18 AM

Quote from: jjj0923 on September 08, 2014, 10:11:42 AM

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

MidasAlchemist

newbie

Activity: 56

Merit: 0

Quote from: jjj0923 on September 08, 2014, 10:11:42 AM

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.

jjj0923

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

jjj0923

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,

mishax1

legendary

Activity: 2898

Merit: 1017

Quote from: Janezki on September 08, 2014, 10:09:50 AM

Quote from: pille on September 08, 2014, 10:01:51 AM

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.

https://bitcointalksearch.org/topic/m.8714529

Janezki

member

Activity: 85

Merit: 10

Quote from: pille on September 08, 2014, 10:01:51 AM

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.

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: r0b1nuk on September 08, 2014, 10:01:43 AM

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!

MidasAlchemist

newbie

Activity: 56

Merit: 0

Quote from: jjj0923 on September 08, 2014, 09:47:32 AM

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?

Quote from: boxxa on September 08, 2014, 10:02:40 AM

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.

boxxa

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.

jjj0923

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

pille

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.

r0b1nuk

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.

jjj0923

sr. member

Activity: 266

Merit: 250

Quote from: newuser01 on September 08, 2014, 09:54:52 AM

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.

jjj0923

sr. member

Activity: 266

Merit: 250

looks like the block chain is stuck

Topic: [ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE - page 13. (Read 64008 times)