Topic: MCOIN Launching in 01.01.2015 (Read 39489 times)

Worries scammed everybody...

Please, do not spam scam. Everyone here knows that onecoin is a global scam with a private blockchain. This tread has to be locked. Period.

BREAKING NEWS   

http://behindmlm.com/mlm-reviews/macrocoin-review-mcoin-scammers-try-again/

Hot News,

We believe consumers should be wary of dealing with Onecoin NEW Clandestine operation coming up soon, Mr. Simon Karakas, previous Leo Coin developer and present founder/owner of Mobile coin starting a much higher scale Scam, his  lieutenant Mr. Mark Hung an old member of Chinese organized crime "Triad". which claims to offer the chance to make money through the trading and ‘mining’ of virtual currencies.

Mr. Simon Karakas has been under investigation, The authority points to an ongoing investigation by the City of shanghai, Police, details of which are currently unknown. As Simon Karakas isn’t authorized in any official capacity, The Ministry of State Security (MSS) reminds users that consumer protection will not be able to avail consumer protection.

My experience with MobileCoin:
1200€ invested in August 2014, 1500€ (3CRXs) invested in February 2015
up to now 6500€ withdrawals completed and still 10000 MCOs on the wallet.

MobileCoins I can exchange to €  or spend here: www.coinxmarket.com
I have already spent MobileCoin for renting holiday place in my country and for the massages.
From March this year I will be able to trade MCO to other currencies on the professional forex platform

I am sure the price of MCO will increase so I will not exchange anymore MobileCoin cheaper than 10€ 

 

Allot of good and bad stuff were told but in the end these things matter :

Go on https://byxpress.wordpress.com/

and read :
OUTSTANDING PARTNERSHIPS, STEADY GROWTH AND ENCHANTING ANTALYA

HIghlights :

-Coinsrace has teamed up with Divisa Capitals, global trading company .
http://www.divisacapital.com/

-thanks to the new partnership with Tofani Group, MobileCoin officially can be exchanged for such precious metals, as gold, silver, and platinum, as well as for diamonds.

-ByXpress & Coinsrace  becomed the main sponsor partner of Coin Congress,
an international cryptocurrency congress that will take place in Amsterdam from 17th to 18th February.
http://www.d10e.org/partners

-ByXpress prospective member of DSA ( Direct Selling Association )
http://www.dsa.org.uk/dsa-membership/dsa-prospective-member-companies/education-training/byxpress/
What it means to be DSA Prospective Member Companies ?
Prospective members are those that have been recently elected to the DSA and are awaiting the compliance audit that precedes transfer to full membership status and permission to use the DSA logo. They have also been judged by the DSA to comply fully with UK law and given an undertaking to comply with DSA codes of conduct.

please read about DSA in order to fully understand what it means to become prospective member.
here some full DSA members the passed the prospective status :
http://www.dsa.org.uk/dsa-membership/dsa-member-companies/?filter=all

All these give me trust in the future of Byxpress and Mobile Coin  Smiley

I don't think that MLM structures are similar to ponzy schemes. I just included some of my past experience without intentionally comparing them because they are not the same. MLM usually gives you something in return for your money, for example in AMWAY I received some products and lots of promises and Life-Care still is, in my opinion, one of the best MLM structures with great products. Indeed, MLM is not the same thing as a ponzy scheme. ByXpress to me is a ponzy scheme and MCOIN is just a speculation of the market and is based on the image of BITCOIN.

EDIT: Oh, by the way, you said something about not starting over and later flaming about it... ByXpress is just a reboot of Sitetalk, literally, but an enhanced version, since the Sitetalk idea lost it's ground to the powerful Facebook and was doomed from it's start. And as I said earlier, most of the people from Sitetalk simply migrated over to ByXpress. I was groomed all the way by it's members because 'I had potential', and yes, I did have an awesome team in Life-Care.

Sorry, but why you are comparing product-based MLMs to ByXpress?
Also, if you are unsuccessful in this type of business, why start over and flame how bad it is?

ByXpress is community-based and you can do free registration.
If you not want build MLM structure you can just invest in mining, sit and wait.
How it goes, and how much you get (or lose) is only up to you.

Hi, this is my first post and since I'm from Arad, Romania, I can tell you how things are from my experience with these guys and their business. What you need to understand is that Romania, especially Arad, has been the target of such schemes for a long time. For example, CARITAS or Delphin, the latter being reported in this video
 https://www.youtube.com/watch?list=PL29618651B3032F27&t=19&v=RRUQJcHDCZM
were schemes which took money from people promising huge revenues from the initial investment, organizing conferences where people would be motivated and brainwashed. So Romania has a history of these schemes. It seems that we, the romanians, are more stupid and gullible.

I have been involved in MLM schemes such as Amway (where i lost about 200 euros, about a month's wage), Life-Care and I know about some banking schemes. So, a few years ago I got a call from a church guy that I knew vaguely telling me that he knew about my leadership abilities and that he wanted to tell me about this new amazing chance at making easy money. I met up with him and another guy called Danci Matei. The last guy is Romanian, he went abroad in Italy and worked there for a while and then decided to come back to Romania to try Sitetalk, yes, that's the business he wanted to show me. He told me that he had earned about 3.000 euros in 2 1/2 months with this business. It presented itself as a social marketing site, promising a huge boom upon it's launch.
They insisted in telling me that if I sign up now with a payment starting at 250 euros, I would get a secure place in some scheme and get a lot of money at the end. I listened to them presenting their business and politely refused them. That was about 4 years ago, back in 2011.

Then I got a call from another church guy (looks like church guys stick to stupid schemes instead of honest work) telling me that I would get a call from some other guy to arrange a meeting - I said ok. I went to the meeting and this guy starts telling me the exact same shit that Matei Danci told me with Sitetalk a few years prior, only to find out that he's behind this new business as well. ByXpress it was called... and still is. So I listened and this guy told me how there is this new search engine / social website / online market / gamestore / whatever and how, upont it's launch date, it's going to be bigger and better than Google... So I said 'Wait, wait...' and asked if he knew about Sitetalk, and he said that ByXpress is owned by the Sitetalk founders, only that they parted or something like that, and that the team from Sitetalk is now in ByXpress - FUCK!

MCOIN IS JUST TRAILING ON BICTOIN's SUCCESS, a parasyte, a scam.

Just a reminder: I have a good friend who was in a car accident and got a settlement in which he was paid about 15.000 euros, 6.000 of which he invested in Sitetalk and never got back - his own words. Sad.

It seems to me that the founders of this company saw that people trust Google, so they turned this scheme and put the search engine excuse first, so that it would seem legit and power-promising, like Google. Also, the guy explained a system based on exclusivity - 'Get in now with 1200 euros to get your place secured, but do it now, not later, because now it's not launched yet' - sounds familiar? Also, the Delphin scheme that i mentioned earlier was from Gibraltar, just like ByXpress.

The news where the house was sold with MCOIN is fake, i have a good friend with a high position in Arad, and he told me that it was just a publicity stunt, all those involved were insiders from the business. Legal actions are being taken against them but so far nothig has happened. Also, you might hear of a guy that bought a BMW with MCOIN, but what you don'r hear is that the 2 fresh owners are a couple with a long history in MLM - Amway, Lifecare and Lioness, so on - and ponzy schemes. They bought it from a dealer who (the owner) was in on the business (from Turkey I believe) and was willing to make the tranzaction at his own risc. Nothing is true, and the sad part is that the people involved actually believe it's legit.

I'm afraid I left out some important details and I apoligise in advance but these things were brewing inside of me for some time because I was there when these schemes were at their beginning in Arad and I just can't stand to see so many people fooled by this system.

Oh, and needles to say that I got calls from all the shady people that I know invinting me in this scheme, up to the point where I literally asked one of them upfront if he's calling me about ByXpress and he said yes... My father got a call from one of his friend in the car parts business and told him the usual brainwash story, but my father is old school and this is their conversation:

Father: How many money did you invest so far?
Guy: 1600 euros...
Father: And how much money do you have in your hand out of those?
Guy: Well, you don't understand, that's not how this works... About 500 euros...
Father: Nice talking to you.

Note: My father was a victim of CARITAS, similar to Delphin, so he's seasoned

Good luck to you all.

http://image.shutterstock.com/display_pic_with_logo/164782/188478623/stock-vector-vector-urban-concept-in-flat-style-skyscrapers-and-modern-tall-buildings-city-illustration-188478623.jpg

Can I suggest moving this thread from "Service Announcements" to "Service Discussion"?

Of course you can. You can even buy goods for Mcoin, we have a marketplace so its getting better...still allot to do, but is looking better and better.

Comunity is the true power. Enter on Fb, ur youtube and you well see that Mcoin has first commercial parteners that accept mcoin as payment, also transactions are taking place between ByXPress members and also we have first purchase from a BMW car reprezentance.
So enter http://www.selmar.si/maribor/  and call to check if is true

P.S. In order to create something great we need to think different !

This is a big earning system. I understand so little this coin. İf mcoin same to bitcoin , so why are we pay some money to byxpress company.Bitcoin dont want a real money. Only, I need to pay money for purchase and sale bitcoin. But mcoin (byxpress company) want to sell a package for 1000 euro or more firstly. İs it a ponzi?

In fact, ByXpress is setting new way to create altcoins.
They not just make it and wait for community build around it and ppl start using it, they actually start witch everything new coins want:
- mine
- exchange
- site
- block explorer
- shopping usability

Fact, source is closed. But it is only to keep POW mining on ByXpress side.
We can keep it decentralized by POS wallets. I have like 20 connections all the time.

MCO - MCoin is MobileCoin.

Because not all things are up and running as promised, we have 50% discount on one product and additional 200MCO for "gold" status.
This make entry around 1000euros and give back 700MCO worth about 700euro. This is inf cat better that it was on prelaunch. This is only till friday 12. 23:59 CET.

for mcoin bitcoin    
DOMAIN SALE
http://www.byxpressturkiye.com/
WWW.BYXPRES.NET
WWW.BYXPRESSTR.COM
WWW.TRBYXPRESS.COM
contact:[email protected]

The only people who will deeply regret are the ones who have invested their savings in this scam in hopes of getting rich over night.
As it was mentioned above its more than obvious why are they targeting countries like Romania, Bulgaria, Turkey etc..
Searching for "investors" that in most cases dont even make the effort to do any kind of research on what the whole idea behind crypto currencies are and are blindly believing their neighbours, relatives and friends that this is their chance to shine.
Its strange why wouldnt a "legit" company provide its users with something as simple as the source code. In order for you to invest any kind of money, let alone 1200 euro entrance fees and even more, you should be able to see some proof of the existance of such.
Also where does the money that some of the people are now whitdrawing come from, since you cant buy anything with the mcoin right now?
Could it be from the newly registered users?
In other words lets not pretend and deny obvious facts just, because we can feel better after or somebody promised us somsomething on the 23th of May.
Use your heads people, please!

MCoin gerçek bir Kriptoparadır ve bunu 23 Mayıs 2015 Global açılıştan sonra herkes görecek ve çok pişman olacak...!!!

Today I was on a www.ByXpress.com pre-launch recruitment meeting to get some answers about crypto part of their business. I wouldn't mind sucking up into their mine with my friends and so would you, if MCoin would be a real crypto currency traded on a free market.

After I politely asked for MCoin stratum address and pointed out some other concerns, I was shut down "we are not opening a debate here" and MCoin Project Manager Simon Karakaš stated "MCoin is a little baby, we need to protect him from chinese miners but you are free to rent our mining CRX units for 12 months at least, paid upfront". Slovenian ByXpress leader Oto Fartek stated in introduction speech "MCoin will gain on value in the next 12 months". How can someone guarantee that?  You can, when room is full of hungry people, wanting to get rich and being applauded to. Some of them even got a pencil and a folder for doing their recruiting jobs so well. Reward for a new Mentor, a Rolex watch, unfortunatelly hasn't been delivered yet.

They are opening a bombastic network in 4 weeks. Entrance for heart pumping all day seminar with lunch included is 80 and something euros. I'm not going because I can't pay with Bitcoin and have no MCoins. I believe MCoin is not a currency and doesn't deserve a thread on this forum. It's a voucher, coupon, value point thingy for some people who are not us.

1200e entrance fee gets you also lovely phone on link below worth 140e and loads of MCoins. MCoins rewarded are always frozen for trading on their exchange certain amount of time. Only a part of MCoins is supposed to be available to be exchanged into FIAT currency.  http://www.banggood.com/LEAGOO-Elite-2-5_5-inch-2GB-RAM-MTK6592-Octa-core-Smartphone-p-966330.html

For none of the answers asked I haven't got a reply that would stick. Either im dumb, bad mathematician and have no clue about crypto stuffz or I was in a room full of sheep. Beeeeee. 

Omg, but could this be true ?!
Who and why would do such horrible thing ?

You guys don't get it!

MCOIN stands for MLM COIN.
It's NOT a cryptocurrency. It's a Ponzi scheme. You get a procent from the money of the people you invite in the game.

It has nothing to do with Bitcoin or other cryptocurrencyes.

Any new info on the development of this "crypto currency"?
Has there been even one person aside from the creators of this, that have had any money back so far?
Can you even sell those mcoins at the moment?

I've heard that MCOIN value is 50 times bigger than 1 month ago, so people who invested at least 2000 Euros back then, now ordered Rolls-Royces.
Also, they've quit their daily jobs !

MCOIN is the best, i cannot wait to invest 10.000 Euros ! Today !

Simon Karakas, this guy is just an ex failed student, has a history of promoting different ponzi schemes (Luxuris commodites, LEO tower and other scums where people lost lots of money) , he is a self proclaimed forex trader and last 3 months he is also doing bitcoin. Nobody in Slovenia that has something to do with bitcoin (and they have bitstamp exchange owners in Slovenia) knows anything about this MLM guy.

He is also known for his empty threaths, legal action etc, hopefully some legal action will take place against this fraudster.

Funny story the guy who buys the house is Mcoin employee https://www.linkedin.com/pub/matei-danci/48/79B/79B and also a known MLM promotor.

Still waitng for the (stolen) sourcecode

Is this the fabulous phone ur talking about?

http://www.amazon.com/Kingzone-Smart-Android-MTK6592-1-7GHz/dp/B00K48NJ88

Opa MCoin true coin, best ever (au facut un PUMP romanesc) pe americani nui duce capul la asa ceva ))

You mean "mcoin este teapa pentru creduli" ?!
This is an interesting statement.

I am a guy from Eastern Europe and I can tell you for sure that Mcoin is a SCAM.

Bitcointalk is a serious forum and on it are presented a lot of cryptocoin Ponzi schemes.

Mcoin is a Ponzi scheme and I proved it in my previous posts.

I`ve been through a lot with crypto since last year, ive seen a lot of scams and PnD and i actually gave up on it, until a friend explained this to me. Actually i think the mass public is not yet ready for the crypto future, but i believe this is something yet to establish and to become big. So everyone can pick his own train to catch on the road to the future! Also i know most of you ppl here are just the left over of scammers, thats why this place aint serious anymore for crypto....

You will get rich.

I am reading all this Haters gonna Hate comment from all of you, But i can tell you one thing for sure. I am one of the guyz who bought CRX unit and become a early member of this new idea, and to be honest so far i am quite happy my money invested doubled by 2 months period. The thing with the guyz developing this project is that they do not want to rush because they want to do everything right, its not a Pump n Dump. I`ve attended some meetings with the founders of the company, Yeh most of them are filthy rich people with other businesses, who are willing to create something revolutionary, something Big! And i am happy to be able to take part of it!

Btw there is functional exchange and also there is functional market, there is no free member registration until 23 May 2015.

P.S. so far what i`ve seen i can say that this is not just a coin, those pople working on it know that the 1st  most important thing to crypto is the trust they create in the dev team, and the 2nd most important thing is the added value the company products add to the currency. Cuz at the end of the day what is crypto?? something virtual something imaginative, if its not backed up by real products and services its worth nothing.... and those ppl are working on a hell lot of new stuff that are never been thought of! Just to give you a tip of whats been cooking if ur lazy to search on the net, they are creating service that gives you mcoins everytime you are using your Mphone. So not only you get this awesome phone you also get Return of investment every time you are using it

I came to this thread after seeing it posted as a scam on reddit. Several times users have asked if there is source code available, and the issue is sidestepped every time. A little digging is probably on order on this "news".

You can bet I'll be watching this one, if for nothing but pure entertainment value.

Sorry the trouble fiksn. I've already read that stuff about X11 methods, and yes, X15 is just marketing ... or maybe they have a PhD is Cryptography.
My question was somehow sarcastic, Q7 is a car from Audi and X6M is from BMW.

I believe it has something to do with preventing easy creation of ASICs (or making that too expensive).

According to: http://www.getpimp.org/community/blog/144-what-are-all-these-x11,-x13,-x15-algorithms-made-of.html

X11-X17 basically just means chaining the output of one hash algorithm as the input to another (and doing so a few times). Cryptographically I doubt that is very wise idea.

It might be scam or just poor marketing, but fact is that if I can mine just by renting their hardware this is not a decentralized at all. I don't understand why you'd want to limit the number of the people in the network, but oh well, you can still do that while at the same time publishing details of the involved software.

Ok,Simon where can i see the farms that i will be renting?
And why o why did you pick the same name as this company: http://www.mcoin.com/
 Thank you for the answer

What is this X15 Algorithm all about ?
I really cannot found any reference about it in any Cryptography book.
Is it better than the Q7 or X6M algorithms ?

Do you think that we are naive?!

There is no proof that Mcoin exists!

In Romania ONLY Bitcoin can be processed (see here https://www.mobilpay.ro/public/en/bitcoin/ ) and the news about the house from Arad sold for Mcoin is FAKE!

Mcoin is a Ponzi scheme!

You (Simon Karakas) are a dubious person. You worked only for MLM Companies (see here https://si.linkedin.com/pub/simon-karaka%C5%A1/50/4b9/563 ) - companies that sell dreams. You never had a real and onest job.

You fool people for living!

Regarding the invalid and incorrect statements about the Company Coinsrace ltd., we have decided to give an official statement to clear up any confusion related to posted materials.

Firstly, we would like to stress that a lot of incorrect information has been posted on this
Forum. We would like to state that MCOIN (MCO) has already filed an application for
Trademark protection. It is also significant to mention that MCOIN is a private coin and our members in many ways may acquire the coin. Thus, our community is of a private type and is not open for public or other “outside” members.

Our crypto wallets with block chain technology (Windows and MAC) are fully functional, and Coinsrace operates on the basis of internal exchange platform. During the following weeks we are going to release the block explorer, very first for X15 Algorithm in the world. On 23/05/2015 we are launching a mobile application and merchant program.

Please be aware that users of Mcoin are not eligible and are not allowed to give statements about the things that were mentioned in this forum.

We kindly ask the creator of this post to stand behind their words with their real names when posting false statements about our company that contain some serious allegations of fraud. We highly recommend you to read our Terms and Conditions before making any accusations. We also advise you to contact us directly via the following email: [email protected] or [email protected] and we will provide you correct and legitimate information about our company.

Please note that we will investigate on the information posted and in case of any damage for Coinsrace Limited, Gibraltar, caused by the misleading and incorrect information about our crypto currency, we will take immediate legal action against individuals involved in the events.

Simon Karakas,
Coinsrace project manager

Considering that the romanian citizens are targeted, i think that titles like "MCOIN posibila teapa" or "Este MCOIN teapa sau nu" would be more appropiate.

@mitastanila
STFU. Both the seller and the buyer of the house are employed by ByXpress who is behind this mCoin hoax:

Buyer
Seller

The "selling" of the house for mcoin is just a publicity stunt in order to falsely induce the idea that this mCoin is something legit which can be used.

And that ByXpress shit is just some MLM stuff, they hold "conferences" in some shitty hotel "conference rooms" which can accommodate 15 people. Those are rented for ~5 euro / hour.

But they also make an Android phone (which no one outside ByExpress ever heard of it and the only info about this "phone" can be found only on ByXpress page) running Android 4.3.9 (there was never an Android version 4.3.9, but who's counting, anyways). ByExpress also has 24 employees (most of them were previously working for another pyramid scam company - OPN), according to their Linkedin page. And their marketing seems to rely only on facebook and hidden advertisements like those (surely paid) articles in the romanian press.

So, if you want to convince others that a 24 employee company has the power to sustain a cryptocurrency, and this whole thing it's not a scam, well, you're quite insane.


Everything about this mCoin and ByXpress screams "scam".

PS. well, at least there's some press ByXpress could (did not?) not buy: http://www.romania-insider.com/mcoin/144725/

BTW, some google love:
BYXPRESS CRYPTOCURRENCY SCAM
BYXPRESS MCOIN SCAM
BYXPRESS COINRACE SCAM

https://www.facebook.com/mcoinclub/photos/pb.302185543312464.-2207520000.1426858405./355816801282671/?type=1&theater

This is the typical MLM attitude. False attitudes and beliefs about becoming rich.

Is there an exchange for these Mcoins? These coins are worth exactly ZERO until there is a free market for buying and selling them.

So what ? The person paid, but in order to be able to do such transaction, did he paid a participation fee, at the beginning ?

Me, as an individual, how can i buy Today, 100 MCOINS, and the week after convince someone to accept them for a second-hand laptop ?
Can you guide me through the process ?

the transaction taked place in front of a notary that legalized the transaction and taxes were payd for it to romanian state this means that this is made according to the romanian law !!!

So ? If newspapers with writers who don't have technical skills wrote about the transaction, what does it mean, it means that we are living in 2015 and maybe we should use virtual coins, real virtual coins, such as BITCOIN, not MCOIN !

Why people have to pay a enter fee of 1000 Euros to use MCOIN ?

http://adevarul.ro/locale/arad/cum-arata-casa-vanduta-bani-virtuali-mcoin-vanzatorul-incasat-suma-intr-un-folder-computerul-sau-1_550afeed448e03c0fdb67115/index.html

Familia Roman a cumpărat o casă într-un cartier din judeţul Arad unde mai avea alte două imobile, cu gândul de a o păstra. Însă cu timpul s-au gândit să o vândă, însă cum nu au primit în euro suma cerută, tranzacţia s-a realizat în bani virtuali Mcoin.
Familia Roman a stat în casa din Cartierul Verde câteva luni. Casa vândută are 90 de metri pătraţi (două camere, mai exact living, bucătarie deschisă, un dormitor şi o baie) are grădină, dar şi parcare. Este utialtă şi mobilată. „Am cumpărat casa anul trecut cu 40.000 de euro, am investit în ea, iar când am decis să o vindem am cerut 54.000 de euro. Noi avem unde să stăm, mai ales că suntem mult plecaţi din ţară. Am vândut-o însă unui tânăr de 25 de ani din Satu Mare, care de câţiva ani locuieşte în Arad cu 55.000 de Mcoin. Este vorba despre prima tranzacţie imobiliară efectuată exclusiv cu bani virtuali Mcoin. Această nouă monedă a fost lansată la sfârşitul anului trecut. Tranzacţia s-a făcut în faţa unui notar, care a girat legalitatea achiziţiei şi care a înregistrat scriptic vânzarea imobilului pe bani virtuali. Fostul proprietar a încasat banii virtuali în urma unei operaţiuni pe internet foarte rapidă, iar suma este păstrată într-un folder, pe propriul laptop. Astăzi, această sumă ar putea fi transformată în aproximativ 20.000 de euro, însă posesorul speră că valoarea Mcoin va creşte. Fostul propietar, Gelu Roman a spus că are încredere că această monedă va deveni tot mai valoroasă.  „Tranzacţia îmi va aduce, în cele din urmă, o sumă echivalentă cu câteva sute de mii de euro”, a declarat Gelu Roman.


Citeste mai mult:
adev.ro/nlh1ae
http://www.zf.ro/business-international/o-casa-din-arad-a-fost-vanduta-in-premiera-mondiala-in-moneda-virtuala-mcoin-14016954
http://www.aradon.ro/o-casa-din-arad-vanduta-in-moneda-digitala/1515681

Hello.

I am a Romanian who saw some news articles about a so-called ”world first” for selling a house using this ”mcoin.”  This thread is indexed by google and will appear in searches for ”mcoin” so I registered on this forum to warn people about what looks like fraud.


- First of all, this ”mcoin” seems to have nothing to do with http://www.mcoin.com/ which is a payment processor. These guys just stole the name.
- Secondly, there is no way to get ”mcoin” except renting a crx for 500 EUR/ year at http://coinsrace.com . This is a HUGE red flag.
- Third, it seems that http://byxpress.com/ is also a product of the same company. This is the presentation video https://www.youtube.com/watch?v=bJMJJIaIurs . Notice the garbage English with heavy east-European accent, the ridiculous claims (they will replace multi-billion businesses like google, facebook, etc) and affiliate programs specific to ponzi schemes.

All these services require paying some kind of upfront affiliation fee while all the services they claim to replace don't. This should be your biggest concern and the most obvious sign of a fraud.


In conclusion, this is most definitely a fraud. For Romanians who also came here from reading news articles, I strongly advise you to contact the Service for Combating Computer Crime here http://www.efrauda.ro/. These thieves can only be stopped by being proactive.

This stuff gets me depressed. How can someone do something like this ? It just breaks my heart.

As far as i can see from their Facebook page, they are guesting seminars around Romania.
Some of the people from the audience seem to be past their 40s.


Why isn't this coin free to use, as bitcoin ?
Why a 1000 E entry fee must be paid ?
Why don't you post the source code ?

That news is FAKE. Who in his right mind would sell a HOUSE for a virtual currency that doesn't even exist yet? It's supposed to be officially launched in May 2015. They arranged the sell so the media would report about it and they would get free publicity.

This "coin" is the product of some shady individuals who are looking to get rich by artificially inflating a made-up currency.

http://www.mediafax.ro/economic/premiera-mondiala-o-casa-din-arad-a-fost-vanduta-in-moneda-virtuala-mcoin-foto-14017092

Quick translation:


This news brought me here.

Source code will be nice

Thanks

ne0 you have good arguments.do you have any more info?

Your wasting our time with your fake Cryptocurrency. Mcoin does not exist!

So, people from Romania don't trust Mcoin Byxpress because it's another piramidal game like Sitetalk, Caritas, FNI and Delphin International.

Yeah, the company is in Gibraltar, and Gibraltar is a fiscal paradise.

The minig hardware picture is fake. The source code does not exist...

MLM != Ponzi scheme, but mcoin = Ponzi scheme.

As I said, there is no mcoin. Can you show me the proof that there is mcoin?

Can you show me the proof of the mcoin mining hardware? Can you show me the proof of the Crx?

Can you show me the proof of the mcoin source code?

All questions are rhetorical.

I know that the answer to all is NO.

It is scam/Ponzi scheme. There is no free registration. Only members (friends, family) can register you after you pay a fee of up to 1000 Euro, fee for what you get an octa core mobile phone, a card etc. You are promised to get lot of money after some months and you are advised to take big loans from banks (10000 Euro) so that you can make more.

It is not launched yet. The mcoin does not exist. etc
It is presented now in Romania by people who presented other Ponzi schemes.

You targeted Romania and Bulgaria because people are very poor and have the wish to go rich overt the night.

But guess what, the Police, DIICOT and other authorities from Romania are informed and we will se what will happen with this Ponzi scheme (schema piramidala) from the UK (the people who present is say that it is from the UK but it is not true) and Romania (Arad country).

It is not made in Romania and it is not a scam. I'm a VIP member who invested a lot of money and withdraw more money than you think.If u need help to know more information about this coin just send a text messages

Mcoin ByXpress is a Ponzi scheme made in Romania. So be carefull with this scam.

Almost 1000 mc in my account.invest in this coin to earn real money.

seems like a bargain, lol

now the price is 0.44 euro per coin.
if you are intersted buying this coin or investing send to me a personal message.

total coin 2 billion
I think this coin is rate low

This coin is amazing, i am already involved and its price is already 0.27 cente euro !

you seriously ? not 12.01?

I hope there begins well ends well !!!

i'm waitinh and i will see!!!

 

OK we will wait and see.

OUR GOAL IS TO MAKE CRYPTO CURRENCIES more accessible for EVERYONE. Crypto CURRENCIES CAN change THE WORLD FOR THE BETTER AND WE ARE DOING OUR PART TO MAKE THIS change HAPPEN.

MCOIN SPECIFICATIONS
X15 Algorithm
Block discovery: every 2 minutes
80 coins per block reward
Total amount 2 Billion coins
Block retarget time on every block
Proof of Work
Proof of Stake reward 8%
(and decreasing every year by 1% until reaching 1% yearly)

 Is a peer to peer network there is no central authority. Miners are the ones providing network with security. For supporting the network you receive Mcoin’s. This process is done automatically once a computer is dedicated to the task. It can automatically calculate encryption algorithms and provide you with the rewards. Coinsrace can help everyone to start mining and generate a profit from it.


The rest of the world will be able to buy' and use Mcoins. The first store accepting the Mcoin is awating the minning start.

http://coinsrace.com/
VIDEO
https://www.youtube.com/watch?v=ww4fZm-MiJ8
PHOTO
https://www.facebook.com/Byxpress/photos/a.720855164644279.1073741828.707163732680089/803371589725969/?type=1&theater