Bitcoin Forum

• Mining Bitcoin is a waste of energy & destroys nature. Bitcoin Mining Uses $15 Million's Worth Of Electricity Every Day.
• In 5 years, 600 Millions USD worth of electricity was burnt for bitcoin mining.
• Multicoin, a crypto currency of future, solved this problem with its unique distribution method.

Overview:

• There are 300,000,000 coins to be existed. They are splitted into 30 parts and distribute to all user within 30 days.
• Everyday, 10,000,000 coins are shared to these 2 groups:
  
  • Miners will mine at a multipool and receive their shares of Multicoin daily.
    
  • Investors will exchange their BitCoin and receive their shares of Multicoin daily.
• All Bitcoin generated from miners and investors are used to back up the MultiCoin Automated Teller Machine (M-ATM)

Shares Calculation:
There are 30 rounds:

• 10,000,000 Multicoin is distributed each round.
• Each round lasts 24 hours.
• 5,000,000 coins are sent to miners and 5,000,000 coins are sent to investors each round:
  
  • Amount of Multicoin each miner receives is based on the number of shares they mined in a round divide by the total shares that are mined in that round.
  • Amount of Multicoin each investor receives is based on the amount of bitcoin they invested in a round divide by the total amount of bitcoin invested in that round.

• M-ATM is a place to cash out Multicoin for Bitcoin.
• You can exchange any amount of your Multicoin into Bitcoin at anytime using the M-ATM at a fixed rate. This rate is decided after the 30 days of Distribution ended and will never change.
• The rate is calculated by divide the total bitcoin generated by miners and investors within 30 days of distribution for the total amount of Multicoin distributed. You can always get back 100% of your investment at anytime using the M-ATM. This is why Multicoin is a risk-free
  investment

Use the information below to mine:

• Stratum Server: stratum.multicoin.me
• Stratum Port: 8888
• Username: YOUR_MTC_ADDRESS
• Password: ANY_PASSWORD

For ATI GPU using cgminer:

For CPU miners using cpu-miner:


A protocol built on top of MultiCoin help making the M-ATM and MULTIPOOL decentralized.

• Heavily modifying and combining the codes of Counterparty (https://www.counterparty.co/) and MasterCoin (http://www.mastercoin.org/) we successfully built a decentralized M-ATM (still in alpha test, source code will be release after distribution ended for beta testing)
• With the help of the open-source project: p2pool (https://github.com/forrestv/p2pool) We easily implemented a decentralised MULTIPOOL for MultiCoin

I will announce more details after the distribution ended.




How do I get MultiCoin?
You can join MultiCoin distribution and get MultiCoin by contributing to the MultiCoin network. To contribute to the network, you can either:

• Mining at our multipool and receive MultiCoin daily.
• Investing Bitcoin and receive MultiCoin daily.

How is MultiCoin distributed?
Total of 300,000,000 MultiCoin will be distributed in 30 days. 10,000,000 coins is distributed each day.

• 5,000,000 is distributed to miners.
• The other 5,000,000 is distributed to investors.

How many MultiCoin do I get for mining?
Each day, 5,000,000 Multicoin are sent to miners. You will receive a part of 5,000,000 coins depends on your mined shares. Your percentage is calculated as follow:
Divide the amount of shares you mined by the total shares was mined on that day

How many MultiCoin do I get for investing?
There are also 5,000,000 MultiCoin sent to investors each day. You will receive a part of 5,000,000 coins that are distributed to investors. Your percentage is calculated as follow:
Divide the amount of bitcoin you invested by the total bitcoin invested on that day

When do I receive my coins?
You will receive your coins right at the end of the day when the round is ended. The payments are processed automatically.

What is the MultiCoin Automated Teller Machine (M-ATM)?
MultiCoin Automated Teller Machine (M-ATM) is a place where you can deposit MultiCoin and receive BitCoin automatically.

How does M-ATM work?
M-ATM is designed so every investors (including the early investors and the future investors) can turn MultiCoin into Bitcoin at anytime. All the Bitcoin generated from MultiCoin distribution are used to back up the M-ATM.

How is the M-ATM's exchange rate calculated?
The exchange rate of M-ATM is a fixed number. The rate is calculated by dividing the amount of Bitcoin generated in 30 days of distribution for the total amount of MultiCoin distributed (300,000,000). This number will never change no matter what.

Why are you not using POS?
I'm using POW instead of POS because there is another unique feature of MULTICOIN that can only be implemented if we use POW. A protocol built on top of MultiCoin help making the M-ATM decentralized.

Any plan for the future?
Building a protocol on top of MultiCoin help making the M-ATM and MULTIPOOL decentralized.

• Heavily modifying and combining the codes of Counterparty and MasterCoin we successfully built a decentralized M-ATM (still in alpha test, source code will be release after distribution ended for beta testing)
• With the help of the open-source project: p2pool We easily implemented a decentralised MULTIPOOL for MultiCoin

I will announce more details after the distribution ended.

Is it true? Do you have any reference?

What about the risk of you just keeping all the 69.5 BTC

Same question.

just a gen 1.0 ,you know ,most of gen 1.0 coin will dead ,especially like yours multicoin ,with no new feature ,just clone litecoin .

yes , any proof to support your answer.

You can read some of these articles:
http://marginalrevolution.com/marginalrevolution/2013/12/the-real-costs-of-virtual-money.html
http://www.forbes.com/sites/robertwood/2013/12/02/bitcoins-13-50-to-1200-eleven-month-climb-now-taxes/

Mtc is taken already. Do some dig before announcing something

looks like dead

Yes, dev should change it

Changed to MUL instead to prevent confusion.

Releasing the wallet today.

what time?

Looks like a SCAM...

So your fair distribution method is just get BITCOIN and KH'S for free during a month to mine whatever you want?

You claim about energy costs and you want keep people mining Scrypt for a month?  ::)

thank you very much sir for your offer...
fixed price for ever ??? no thank you i wanna ride the hypes !
ill stick with bcpool <3

From blackcoinpool:
"This pool has been designed to support the long term growth, profitability, and value of Blackcoin. Something to note: It is not possible to mine Blackcoin directly. Instead, this pool aggregates the hashing power of the community to mine other profitable alt coins, and then uses those proceeds to buy Blackcoin."
They promise to buy back BlackCoin with all the BTC generated from their pool but no one know if they do it or not.
Nobody knows how many BTC is generated and how many BTC is used to buy back the coins.
Multicoin is different. All the informations are public.
You can always see how many BTC was generated here: http://multicoin.me/history
And check the transactions list to see how many BTC was used to buy back Multicoin: http://multicoin.me/matm

Image of the wallet:
https://i.imgur.com/nyFbZAt.png

I'm uploading it.

Where is it?

ipo under disguise, watch out

What time is the wallet released?

Should be 24 hour before launch,that means today at 16.00 EST

Hmm. Still no wallet yet

Finally here goes the wallet :)

Pool not working?  >:(

It's not launched yet

Distribution is not started yet.
Check the countdown here: http://countingdownto.com/countdown/multicoin-launch-countdown-clock

Good idea but sadly bad algo for mining.

Actually Scrypt is a good algo for mining because the true purpose of this coin is to not waste energy.
Since the scrypt AISC is coming out. We will only need a small cost of energy to secure the network through mining.

But who then is mining?  ???
80 blocks already and counting...  ::)

MultiCoin is distributed differently from other coins. You are not getting any coin for mining like other coin.
You can only get  MultiCoin at the multipool here: http://multicoin.me/round and the pool is not launched yet.
But you should get your miners ready. The coin is launching in 3 hours.
Check countdown here:
http://countingdownto.com/countdown/multicoin-launch-countdown-clock

Multicoin is launching soon. Get your miners ready. Use these informations to mine:

• Stratum Server: stratum.multicoin.me
• Stratum Port: 8888
• Username: YOUR_MTC_ADDRESS
• Password: ANY_PASSWORD

`
cgminer.exe --scrypt --no-submit-stale -o stratum+tcp://stratum.multicoin.me:8888 -u MULTICOIN_ADDRESS -p x

Nice point.

1 hour until launch. Pool is tested and seems to be running.

So coins distributed at end of each round? 

You did not answer the question: why blocks are increasing? Now 194 blocks. Who mines them?  ???

Yes, they are.

People are solo mining the coins using the released wallet. You can get the wallet and solo-mine too but you won't get any coin for mining that way.

8 minutes before pool launch, get your miners ready.

I've been watching this thread since it was created, still can't tell if scam or good idea...

sounds like scam to me to get huge hashrate mining on his multipool and never pays out.

With this using a centralized BTC wallet, it would be nice if we had legal information on who exactly was holding said wallet for the ATM.

a little of both?

Distribution started. Once again, use this information to mine:
Multicoin is launching soon. Get your miners ready. Use these informations to mine:

• Stratum Server: stratum.multicoin.me
• Stratum Port: 8888
• Username: YOUR_MTC_ADDRESS
• Password: ANY_PASSWORD

`
cgminer.exe --scrypt --no-submit-stale -o stratum+tcp://stratum.multicoin.me:8888 -u MULTICOIN_ADDRESS -p x

It would be a good idea if we knew who we were dealing with. 

You can setup a Cryptocurrency site, a multipool, and a coin in less than a day if you know what you are doing. 

I agree...

I'm not sure if it's scam or not but I think I will give it a shot.

No info on Whois, he is using a privacy protection website escrow service.

Admin E-mail:multicoin.me@protecteddomainservices.com
Tech ID:necwp64956f3b30y
Tech Name:Whois Agent
Tech Organization:Whois Privacy Protection Service, Inc.
Tech Address:PO Box 639
Tech Address2:
Tech Address3:
Tech City:Kirkland
Tech State/Province:WA
Tech Country/Economy:US
Tech Postal Code:98083
Tech Phone:+1.4252740657
Tech Phone Ext.:
Tech FAX:+1.4259744730
Tech FAX Ext.:
Tech E-mail:multicoin.me@protecteddomainservices.com

So who is this guy that is going to be holding all the BTC that this multipool and IPO are generating? 

Great, so two ASIC farms are now 84% holders because you are using SCRYPT? 

http://multicoin.me/round

Seriously, I am out, good luck. 

How can you know that they are asic?

I fixed the display issue on the investors table list and also put up download links on homepage.

Somebody asked me if the wallet is affected by the Heartbleed (http://en.wikipedia.org/wiki/Heartbleed) bug.
The answer is: No We are safe.
We are not affected because the wallets are built with the latest OpenSSL version (1.0.1g)

The numbers are from a stupid reporter who calculated that the hasrate is coming from gpus , like blockchain used to show

The ASIC miner is out. Great

Rigs into this now! :D

Are you the guy with 70 MH :(

Have been mining for almost 11 hours and still no coin sent.Whats going on?

They should use a trusty escrow.

The coins are sent once every 24 hours after the round is ended. You can check round countdown here: http://multicoin.me/round

Scam

An escrow won't be neccessary because the system is setup to operate automatically. Using escrow with a single address would cause a lot of trouble.

Optimized the pool a little bit so we can generate more BTC with the current hashrate.
Current BTC/MH/day is around: 0.006

Strange. Shares on http://multicoin.me/round 10 times less than in cgminer ::)

Shares on the pool is calculated like this: "diff of shares submitted / 16"

Wallet doesn't sync for me. Got any nodes?

Wallet won't update for me. 17 connections, it updates fine up until '12 hours behind' then stops. Any cure?

What block are you at?

What's your error?

Weird. Wallet syncs fine for me.

I have same problem at "2 hours behind". Plenty of active connections

Sync stuck at block 328 @ 2 hours behind

I am stuck at block 331

Where can I invest? If its possible

over at http://multicoin.me/round

put in your MUL address, and it should generate an address for you to send BTC to

round 1 over.  a new round starting or what?

I still haven't gotten paid from the first round.

My share from round 1 is currently "unconfirmed" in my wallet.  

edit* now that I look closer, im noticing that my wallet is not syncing... it is 3 hours behind.  whats the deal dev?

WTF Next Round ??

If round 1/30 is finished, then why hasn't round 2 started? I may go and mine another coin until this is sorted.

Stuck at block 331.

out of sync  ???
more nodes available? I have only 4 Connections max.

I have 13 connections but its stuck at block 331 (3 hours)   ???

Multiman can we get some information please?

I do hope it will stop some day. I really do hope...

Mine isn't showing anything (owed about 44k) and is 4 hours behind for the last 2 hours.

I'm stuck at block 331 as well. I also never got any payout. I gave up and am mining something else that works. :'(

Some bugs from the coind caused the app to stop. I fixed it myself and everything is working fine again.
The new round is started again at 19:00 EST
Check round result here: http://multicoin.me/history

http://explorer.multicoin.me/tx/23f583e1d45938bf79f616b3cd0e0560a1fa4c4547906c2793e93372e7bae253

"Transaction Not Found"

Me too.   ???

"Transaction not found."

http://explorer.multicoin.me/tx/4454f088b20377622d018540f5d56f7e4202e500ba9727645e4f6de9fd5edb46

Because the  transactions have just been sent and is not confirmed yet. Give the network some time to confirm the transactions

With 60 sec block time it should be at least on the blockchain by now.    ???    Its almost an hour.
Does anyone have received any MUL.

Check the blocks here: http://explorer.multicoin.me/chain/MultiCoin
If your transaction is included in a block, it is confirmed.

I received mine.

I received mine too now.

If I send multicoins now to MATM to exchange them, will I receive the BTC now or when the 30 day mining period finishes?

I´m not.

I want to sell 37.450 Multicoins.

Any offer here?

sell them to yourself seems like you are the only one interested in this coin, well you and op.

Dunno about everyone else, but at current M-ATM price of 154 sats for round one, I made .15 btc in one day of mining with 4 MH/s.  That blows any other coin's profit out of the water.

Did you receive the btc?

And you waste the time just to read this thread and troll us? LOL.


Haha yeah, in the hypothetical case you get the coins.

Multiman, can you answer this?

You can only receive bitcoin after the distribution ended. The current price is only an estimated price from previous rounds. The final price can only be calculated after distribution ended

How long this coin to be confirmed on the MUL wallet? I receive 3 hours already but unconfirmed

So price is based only on amount of bitcoin received?

Yes price only based on bitcoin generated from miners  and investors

Just want to say that my wallet is no longer stuck, and that I have received my coins from mining and investing.

Is every thing ok with the multipool?
It shows the exact same stats as it was showing 8-6 hours ago 
(CURRENT POOL HASHRATE 236.62 MH/s ; BITCOIN GENERATED FROM MINERS THIS ROUND 0.27 BTC ; TOTAL BITCOIN INVESTED THIS ROUND 0.01 BTC )
There is even my hashrate displayed (1,73Mh/s), dispite the fact that I have no Mh/s pointet at the pool for more than 6 hours.

Is it just me or is it the same for you as well?

A bug in the bitcoin daemon caused the cron job to stop running. So the data on the front-end is not updated correctly. But all data are safe.
I fixed the bug and everything is working fine now.

Usually it only takes 6 minutes.

0.5 BTC from yesterday only give you 200k Multicoin. But 0.5 BTC today will give you 4 millions Multicoin.
I guess it's all about timing. Poor the guys that invested yesterday.

Well, if someone is going to invest 15 BTC now than you will get almost the same amount of MUL.
Just invest everyday like 0.01 BTC and your fine :P

Is this coin worth investing in? It seems like I missed prime time to invest.

You didn't miss anything because the coins is distributed fairly and equally within 30 days with 30 rounds.
There is only the first round ended. There are still 29 rounds with the same amount of multicoin abead.

What was it about then .5 BT giving 200k then 4 million?

Everyday 10 millions coins is distributed to miners and investors. 5m go to miners and 5m go to investors.
If you invests or mine on a day that there are less competitor, you will get more coins with the same amount of bitcoin or hashrate.
For example:
There is 10 BTC invested on round 1, and you investedd 1 BTC, you will receive 500,000 Multicoin.
But in round 2, there is only 2 BTC invested, and you still invested 1 BTC, you will receive 2,500,000 Multicoin.

I sent some coins to the atm and it says invalid amount do I get them back or what happens?

Your Multicoin must worth at least 0.001 BTC to receive payment from the ATM.
But the current price of Multicoin is not the final price yet so you will have to wait until the distribution is over.
If your sent Multicoins is still below the minimum requirement, you will get a refund.

0.01 BTC per day sounds like a good strategy :D

multiman , 24 hours pass but still unconfirmed  >:(
http://s18.postimg.org/eh4tu1hfd/Untitled.png

What is your address? I'll take a look

My MUL add: mSzFFxDh2Fa618E4RdKeVvoZFqirR4WFQ8

There is only 1 transaction of 141888 MUL from mining to your address: http://explorer.multicoin.me/chain/MultiCoin/address/mSzFFxDh2Fa618E4RdKeVvoZFqirR4WFQ8 and it is confirmed.
I checked the database and don't see any information about the 26586 transaction

Yes multiman,  I've received 2 times, the first time is  26586 and second 141888 (confirmed), please see the pic on my wallet below what happens?
http://s8.postimg.org/sctwiznpx/Untitled1.png
Thanks

Exchange hashpower and BTC for what amounts to a bunch of participation tokens?  No thanks.  Fools and their money..

So does it only pay at the end of the round?

Correct!
So once a day

This a bug?

mdG9tW1vgGqKK5eFbZxQwmEHkURvR1turc   0.00 MH/s   532,768   10.86 %   543,081.44 MTC   0.60506 BTC

Also filter in that list is not working as it should.

The top hash rate is 9mh and a 14mh is at the bottom with the other 1mh guys

This guy mined for a while then stopped mining so it shows some hashrate but the hashrate speed is 0 MH/s.

The list sorting is not working as expected but this won't effect the data. I'll take a look at the table and see if it can be fixed.


The 26568 transaction is an invalid transaction and it will never get confirmed.

What plans do you have for this coin once the distribution phase is over?

i like this idea,keep moving,you will success

     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.

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/

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.

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

another scam coin.

Only 0.34 BTC invested today?

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.

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.

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.

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.

Voting won't work, you will need at least 17 BTC to be listed on Mintpal: https://www.mintpal.com/voting

I forgot to mention that I also contacted poloniex to list Multicoin.

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

Which block number are you at?

Hi Multiman,

I think that wasn´t a good idea to configure the register process in the dominion as anonymous, you are planting the idea that you will run away with the BTCs.

Could you give us any guarranty about that security and honesty of the proyect?

Why you didnt include POS?

Which are your plans for the future?

Regards.

Bitcross.

Yup, got the same problem.

Lets say per day = 30 BTC * 30 Days = 900 BTC -> ~500k€
MUL got spreaded and price is ~100 sat.

Dev runs away with the BTC and does not contain support anymore - price falls down to 0

Actually it just synced out of nowhere when I went to check

I have some my doubts about this... looks very strange that in the first round with the total amount of 11,31 BTCs  inveseted, there are two investors investing the same and the highest amount (5BTCs).

mQ8TiYzsHYRjmsAhbGu7SWidsrb9GubV4a   ---    5.00/11.31   ---    44.22%  ---   2,211,199.40 216fd8dd5d36d3c766ed72ecf7e808a2ccd4c0f8908e24f6e1051f99f8fedba
                                                                                                                                       TOTAL 88,44%          
mWS9S1kw5CkCxroiiFfsrkHJfXexXsvE78   ---    5.00/11.31   ---    44.22% ---    2,211,199.40    fab7659ed27c5b3e3c44f325c37a3759a3c82feef9abba062b6e0473f5ad5d6a

Link,

http://multicoin.me/history/1

If we remove the two "investors" remains 1,31 btc as total amount which is more "undestandable".


We have also 2 stranges "investors" in the second day,

mQ8TiYzsHYRjmsAhbGu7SWidsrb9GubV4a ---    2.50/4.06  ----   61.52%  ----   3,076,249.60    3850eb9339cb5c9ab8e2aa7755c98587eab38c654c846bd04240fbb2e12564d8
                                                                                                                                        TOTAL 86,13%  
mWS9S1kw5CkCxroiiFfsrkHJfXexXsvE78  ---   1.00/4.06 ---    24.61% ---    1,230,499.84    a351606b03b14c7f6d56b81250d46432b510da990a79e053c500fd2357535165

Link,

http://multicoin.me/history/2

Regards.

Bitcross.

So from my understanding we have to wait after all 30 rounds is over before cashing out our MTC for BTC?

https://www.bittrex.com/Market/Index?MarketName=BTC-MUL

There you go folks :)

Happy trading.

Thanks,
Richie

Yes, or you can sell your MUL at: https://www.bittrex.com/Market/Index?MarketName=BTC-MUL

I'm using POW instead of POS because there is another unique feature of MULTICOIN that can only be implemented if we use POW. A protocol built on top of MultiCoin help making the M-ATM decentralized.
I will announce more details after the distribution ended.

Thank you for the question anyway, those are good questions. Many people need these informations. I'll put it in the FAQ section.

Good idea, but it takes too long for each transaction.

Usually a transaction is confirmed after 6 blocks which only takes 6 minutes.

1094   2014-04-19 01:37:12   3   278242597.0161684   0.757   300000050   0.101065   924.754   98.3238%
1093   2014-04-19 01:07:59   3   556796112.20463067   0.189   300000050   0.0995949   924.734   98.3427%

1099   2014-04-19 02:14:30   3   554834080.21275094   0.003   300000050   0.102986   924.78   98.2992%
1098   2014-04-19 02:02:00   3   555194743.3722619   0.012   300000050   0.102338   924.771   98.3076%

1118   2014-04-19 03:39:36   4   549931232.99542947   0.056   300000050   0.107731   924.839   98.2381%
1117   2014-04-19 03:23:12   3   550241778.83514812   0.046   300000050   0.106782   924.828   98.2504%

Yes, the current confirmation time is longer than expected because there are not many transactions fee to mine yet, so not many miners are mining.
But with the decentralized ATM and Multipool protocol implemented, a lot of transactions will happen and there are many transactions fee for miners. At this point, miners will come in and mine for transactions fee, resulting in a stable confirmation time.

i saw them all Pending or Invalid amount on the website.
for example:
Appeared in MultiCoin 355 (2014-04-17 01:22:15)
4515cc057c81dbc612d13d0589a58a2fc638c29e01d22412107bc694211b4988

is it ready yet?

It will start working after the 30 day period

Not everyone can wait a month.
You should explain earlier, we do not know to wait 30 days to get the btc.
You should have a set that can be canceled at http://multicoin.me/matm. then we can exchange our coins.

I think you should enable it immediately, so as to establish credit for your coins immediately, otherwise just as previous people have said, you just scams.

Can you send me back in wallet what I send for withdraw mtc in btc?
my mtc adress is maNnDssFZB2UhSxMZfaazuUuqAheA36PWj

Do you remember?

Theres text like this in the ATM "You will receive your Bitcoin immediately after the distribution ended" and I missed it too  :'(

Really weird I can only cash after 30 round, means :
1. You want make have a price but no stock in the market to keep price steady
2. You want make any BTC you got to invest in something (just another borrow trick)
3. Its scam

But I still want be positive, Ill invest more with my traded btc and wait after 30 cycle...

So my question :
1. Why should WE wait until 30 cycles over ?
2. If I sold my multicoin now at 0.00000098. Then at last round over the price only 0.00000025. Which price I will get ?

As I explained earlier the M-ATM is working based only on the total amount of BTC generated from the distribution. You will be able to cash out your MUL at the fixed price but this price can not be calculated yet.
The price showed on the website is not the price of the last round, It's only an estimated price calculated based on the finished rounds. This is not an official price yet.
All MUL will be able to exchange back to BTC at an official price after the distribution ended no matter how you got the MUL.
If you don't want to wait and want to get BTC right now, you can always use a third party exchange like: https://bittrex.com/Market/Index?MarketName=BTC-MUL
It's currently trading at around 1000 satoshi 10 times higher than the price of M-ATM

Thanks for the info. please cancel my M-ATM Transaction. (PM sent)

Yes, correct. You have to wait for the distribution ends so we can have an official cash out rate.

Is there anyway to cancel an M-ATM transaction?

Sorry, there is noway for you to cancel a M-ATM transaction now.

What happens after Round 30? Will this project continue or abandon?

http://prntscr.com/3bju93 having problems with the wallet staying sync'd still. The second I went to send MTC over to the exchange it disconnected and has not been able to connect for over 10 hours nows. It will jump from 4-6 connections bottom right, but it doesnt show anything else nor what block it is on.

He already answered it in the FAQ section

Hmm will it to the moon ?
My calculation would be 72107 satoshi in 30th cycles, any prediction yet ?
x1 = 2 , x2 = 3, x3 = 4
y1 = 111, y2 = 98, y3 = 90

(If it not pumped)

The final price will be around the current price which is 90 satoshi. I don't think it can get to 70,000 satoshi

The protocol built on top of MultiCoin is now in alpha test mode. We need some testers.
Send me an email to: admin@multicoin.me if you want to participate.

Email sent

interesting coin. will invest some btc later this week

What happens with the MultiCoin the M-ATM will by? Who will get them? Is the M-ATM selling MultiCoin too?

It will be destroyed by being sent to a blackhole address. This will also bring more value to MultiCoin.

You should that put on the first page. Thats a verry important information.
I sendet 1000 MUL to the M-ATM for testing, I would like to get them back.
I would never sendet that MUL to the M-ATM if I had known they will get destroyed.

Im pretty sure they are destroyed when you get paid in BTC at the rate after the 30 days....

This is the limit supply and not dilute the "value" of the exchange rate.

Admin how do we know that the coins are in a wallet not accessible by even yourself??

We just have to trust the dev for now. No reason not to, at the moment    :)

Is it even possible, to create a wallet with an open source coin, if only the software can know the private key and no one else, not even the dev?

I have no experience at all with coding. I am just very interested and fascinated with all the cryptocoin idea.

Think of the possibilities if only the open sorce software can handle the wallet. Trust free.

Site seems to be acting funny...

pool down~~~~~~ :'( :'( :'( :'( :'( :'(
list down~~~~

pool is up just switched to it.

I sent admin a email/pm too

Working normally now.

The coins are sent to an address that won't be spendable by any one, for example: mDESTROYMULxxxxxxxxxx and the transaction ID will be showed on the website.

So clock is out? Anyway to fix that admin?

The clock is working normally on my end.

I thought the rounds start at gmt, it has reset 2 hours after gmt that is what i meant

The round starting time was delayed for a few hours due to a bug in the first round.

Wow. someone with 400MH/s is mining at the multipool. Is the pool broken?

It can with quadratic equation, but the number still changing and now the prices goes up a little. I can calculate it again, but Im thinking atleast it goes to 1000 satoshi just like other limited small size coin. And I dont know when it goes lowest...

Shit! Somebody with 1.3 GH/s? Is it for real?

The same as yesterday, around 1 hour of mining.


mLFRYtbwahb3odNETtSDm3WX88Z8kxMbEV  --   2,453,302/12,725,528 ---    19.28%  ---   963,929.36    a34986c87c248f3ddcd1319d78f7248a8a33acf8abbcba738adeaa864924d0ca

It's gone now :D

Eventually he comes back, today he has made the amount he considered oportune, if he was minning 24 hours/day he would be the only one with coins, now he is with 57 Mhs (mLFRYtbwahb3odNETtSDm3WX88Z8kxMbEV).

There is also another person which is with 100.21Mhs and what it looks quite strange to me is that there is no fluctuation...

Regards.

That was me boys  ;)

Here is hoping for a good coin.

I meant the big jump in hash not the 100mh guy

Dev, I think it is time that you got out and promoted the coin. I am willing to donate some MUL as giveaways.

We need to get mul out there, it is something new, we may need more people on the mul team like other big coins.

Just made 2 million mul with a .14 btc investment (should've invested more).  I did the same amount on day 1 and got 22k.  Hopefully not a sign of bad things to come

Another round is over and only 0.34 BTC from investors.

6.8 Satoshi / Multicoin for Investors   ;)


So you are the one ... GRRRR         >:(

just joking   :D   6.8 Satoshi seems fair to me


Hey Multiman, are there any future plans for features or improvements besides the multipool and M-ATM?

Is the multipool just for distribution or are there plans to let it run after all MultiCoin are distributed?

Guess I got lucky.  I see a 1 btc bid up there already.  Guess everyone was hung over today after partying last night and forgot to bid.I'm sure it will do better considering 1 btc is usually about 14% or so the other days.

What means price for tomorrow is already up to 20 satoshi.    :P

Yesterday it was even 214 satoshi / Multicoin for investors.

There is still a long way to go with this coin.  We still have 24 more rounds of investments before a price is determined.  I would like to see it get over 1000 satoshi.  There are people already in for 10 or so btc and I'm sure they don't want them to go to waste.

We need a hype!   ;D

But I am not the kind of guy who spamms all the BTT threads with "MULTICOIN TOO DAA MOOON !!!"

Are there plans for promotion, bountys for advertising, blog posts ... ?

Valuable coin

I will invest BTC in it

How do we get it on the voting list for mintpal?

Its still 24 days of distribution left. We should not rush things.

But, on the other hand, we cut start voting at mintpal.

It takes a lot of votes to get to the top of that list.

Unless its WhiteCoin or AsiaCoin, than it gets accepted immediately of corse   :o

If we had bots voting, we could do it also.  Maybe we should start a bounty to get one made.

FairCoin was taken away all votes because of bot using.

So, lets not do that please!

Its 24 days until distribution is over. We just need a hype.

So the hash rate goes up, the M-ATM price rises and we get the votes over time.

Btw ... Whats up with the wallet every day, not syncing for a couple of hours?
Is it just me or is it not syncing for you too?

not syncing here... ???

not syncing either.  9 hours behind.  Happened on day 1 also, but they were in my wallet by the time I woke up.

I don't think hash rate is helping the M-ATM.  I think it is btc investors that is driving the price up/down IMO.  Only way hash rate is relevant is when it gets listed on a market.

I am sure it has to do with the distribution / multipool-thingi.

I am not am coder but I see a pattern there.   ;)  

 Its every night. Should be syncing soon, I think.

btw my wallet is 7 hours behind and yours 9  ???

stuck at 1899

1899 ... for me to, but its 7 hours showing at my wallet not 9

I downloaded the wallet just to make my investment deposit.  Never updated since that time.

Just updated my wallet ... now I am at block 1899 and 10 hours behind   ;D

I am sure it has to do with the multipool/M-ATM-thing. Its every night for several hours.

I got all my coins from the last rounds, when I woke up every day. So dont worry.

Is there a MultiCoin IRC yet?

Not as far as I now. Multicoin is just 6 days old.

Maybe just create one  ;)

Wallet updated.  Coins have arrived, just need confirmations.

I got my mined coins. Still waiting for my coins from the invest. But they will come, I am sure.

I have setup a IRC Chat for MultiCoin : http://webchat.freenode.net/?channels=%23multicoinpool&uio=d4 ... Dev please join so you can support your coin, and I will add you as operator. Please add this to your thread so we can start an active community for this coin.

same here still waiting for investment

we, you me dev and all peoples in bct coin have a lot of work to do

member list is growing

when we have a lot of members the price, and new exchanges are on the way

pls vote for the coin

dev have a great plans to get more members

now we need votes

pls vote on mintpal

Me to ... I got all my coins from round 6.

I don't think we are even on the list of mintpal yet.

I created a subreddit for this coin if anyone is interested

http://www.reddit.com/r/mulcoin

Looks like my coins came through also!

looks like dead

Premiums are good, hope everyone to learn！

Nice!  Come on guys, join us at the MultiCoin IRC chat.   

Great idea. Perhaps you can help by starting a giveaway thread. I'll ask everybody for donation.

We got some great conversations going on in the IRC chat, dev you should join!

as i understand, this is a multipool?

You can mine MultiCoin with a P2P multipool and all the BTC from miners and investors are going into the M-ATM.

Every day 5 milion MUL are distributed to miner and 5 milion to the investors.

After distribution is over (23 days remaining), you can send your MUL to the M-ATM and you will get a fixed price (total BTC / 300 mil MUL) for them.

The MUL will be destroyed by sending them to the M-ATM.

Or you can just sell them at the exchange of your choice, for hopefully way more than the M-ATM price.

Dev the site is broken again.

website down and down ~~~~~
 :'( :'( :'( :'(

Dev you really either need to fix it so it rolls over properly or wake up at the same time and fix it then.

It is not very good it happens every day.

The coin daemon hung  up so cronjob stopped. This is to prevent any abnormal activity. I restarted the coin daemon and site is working again now.

Something is wrong with round 7 numbers.

Up to this morning i saw investments of 5.01. But within the 5.01 i am pretty sure one was 3 investors invested 1BTC or more.

I just checked the history for the round and there is my investment and a 6 BTC guy. Can you please look into this discrepancy?

He invested 1.5 BTC earlier and after the cronjob stopped, he sent 2 other transactions with 2 BTC and 2.5 BTC those transactions are all confirmed.

Is that fair though?

Yesterday I sent 1 btc 10 mins before end of the round and it confirmed late so instead of round 6 it went round 7.

If the confirms were after the countdown they should not be counted for that round and should be there for the next round.

The fact that the new round started after you restarted the crib tab should not disadvantage that rounds investors....can you check when the end of the round was abd when the investments were confirmed?

is it only me...the wallet is stock again?

Those transactions are confirmed before the round ended so it is still accounted for round 7.

hello dev, your coin daemon hung up again? so transactions halt...

I think we have been fucking scammed.

Due to the last round i just remembered i can input the MUL address then get the BTC address people would have needed to deposit to. The guy depositing 6 BTC has no deposits to the BTC address. I checked the previous rounds and all the big deposits 5btc are all fake. There is no deposits on the block chain to those addresses.

My MUL address =

mNPvvxWWwwRRAUwDnA3caRbXuB7CBNUwVT

I can see my deposits

https://blockchain.info/address/1LwULKJjQWcgqWhqHBdyFfBFaQiw48e5gN

Now if we check the guy that did 6 BTC in round 7.

MUL = mVUdKv65FYxNQtqzWyG1XdnvmbcPXSDnhL

https://blockchain.info/address/13hDmepYzN5kKg7ZiKyXiY37joFLKGCXQ4

0BTC sent to this address.

IM FUCKING PISSED. THIS COIN HAD A FUCKING FUTURE. I SPENT close to 5 BTC on this SHIT!!!

Round 5

MUL  = mL3nXLooAfUJ4tTZLf2q9Mb2458AvkhXow    3BTC guy

https://blockchain.info/address/1AV1Bf9au2QWYrAtAfwt7SUv3Uu3Uxar6e nothing again






DEV we would like a fucking answer to this!

bump

uh-oh ... is this another scam coin?

The BTC address is not always the same. Some time it is re-generated it depends on the coin daemon, but all addresses are tied to the same MUL address.

The website is functioning normally. Is something wrong?

MultiCoin Block Explorer
2102   2014-04-22 15:25:38
2103 when? i thought no one received round 7 coins.

Multiman, can you please give us the BTC addresses of the investors for the last 2 rounds to prove this.

If you can prove it i will remove all i have written and a apology.

I will be around for 1 more hour. I hope for my sake and everyone else that has invested you can prove the deposits....

Dev can you provide a screenshot showing amounts/ times . You can edit out the private data

Charts here: http://crypto-prices.com/MUL

Pls DEV open all investors BTC deposit address!
 :-\ :-\ :-\

Dev already sent PondSea the informations. You can ask him if you want to know.

I hope you find the answer pondsea.  Also, thank you for being late the other day with the 1 btc payment ;) .  I was the one that got 40% because of that.

You are so lucky :(

Well I have received a screen shot of what looks like a deposit page from the mul DB. This could have easily been fabricated in excel.

Unfortunately that proves nothing.

Sorry dev, I am not trying to cause problems but why would you not know what the actual btc addresses are?

Going by my deposits it is sitting in a btc address not doing anything. If you don't know what the addresses are how will you retrieve the btc later?

Also my deposit address for my mul address still is the same so explaining that btc addresses can change is a bit sus.

Please provide some proof for all to see. Remove private data from it then you should not have to worry that the data is private.

How did you know dev sent me something?

The BTC and MUL adresses are completely controled and generated by the Multicoin code. The dev has no access.

All the mined and invested BTC are going into the M-ATM.

After distribution you can send your MUL to the M-ATM and get a fixed BTC price (total BTC/300 mil MUL) for them. The MUL will get destroyed by doing that.

Thats how I understand it, but I cant read the code to check it myself.

The thing is how can he account for the BTC?

Like i am checking the current round investments. I cannot find any deposits into the corresponding wallets.

I cant believe the dev would have no access to the BTC at the moment.

I will remove everything if the person that sent the 6btc yesterday can show me a tx for the same amount. Or even the 1/1.5btc guys today.

Did you know? Even if you can find the relevant transaction. There is no way to ensure this is not a scam.
As can be seen from here, in fact, the world is a very dark ....
I can not even believe btc, as it fell to $500 from $1,200 or less.

I'm using http://bitpay.com/ as a service to receive payment. Funds send to bitpay are then sent to the M-ATM. The addresses are retrieve through their API. That's why I told you I don't have direct access to the coin daemon.

There is a 5.84 btc donation in the current round.  Find it hard to believe anyone would spend that much on a possible scam coin.
http://prntscr.com/3cvswc

https://blockchain.info/address/1LwULKJjQWcgqWhqHBdyFfBFaQiw48e5gN

Not a very good sign. My money has been sitting in that account for 4 days now dev decided to move it.

Here is today's investor. This could be Dev sending himself coins to "prove" the point.

https://blockchain.info/address/1Fwv4mH1nTGDbsa88GehFMaxQpbG5dPKML

The account it came from looks like a exchange or something. So we cannot know if it is the dev or not.

https://blockchain.info/address/1PaHVk2HbgUPY4xWQnpjrsubf59bN7vUKf

Unless it is the Dev.....

Until i see proof of previous deposits i think this is a very elaborate scam.

Dev, if you are going via bitpay can they get the required info for you?

They should have that info

I have removed the neg trust for now too. You need to understand I was a big supporter of this coin which is why I invested a lot of my money. I just don't others to lose their money as it looks very sus at this point.

The wallet seems to be pow manually using almost impossible to trade.

There are not much miners mining the coin now because the transaction fee is almost zero for them to collect. But when the protocol is released, there will be a lot of transaction fee. More miners will come in making the confirmations much smoother.

As I said, I can only retrieve the transaction via their API service.

No news or already ended ~~~~~~~~~~
 ??? ??? ???

Killed by FUD?

Going to put in my usual daily amount, anything I can do to clear the FUD?

Standardcoin 2.0? Written with similar wording and with similar layout too.....

https://bitcointalk.org/index.php?topic=522874.0 (and the other thread he opened after we red tagged him  https://bitcointalk.org/index.php?topic=562460.0)

I have translated the MultiCoin thread into german.

https://bitcointalk.org/index.php?topic=585415.new#new

+10000

Yeah, reading it carefully I'm 90% sure this is standardcoin scam dev at work again. Ipo-in-disguise ponzish clone coin.

My BTC....... :'( :'( :'( :'( :'( :'(

Ok, I finished reading through all to double check.

This new coin lacks the ponzi(ish) component Standardcoin had: you are not automatically losing money the moment you invest, having to wait for new investors to buy in to cover your loss, like with STD.
Only the ipo in disguise component is present.

In the OT dev states M-ATM is not decentralized at the moment, will be at a later time, after the initial distribution. This ofc looks very fishy: decentralizing this kind of feature should have obviously been a core priority before the launch, given the risks involved.


I can't be 100% sure but all things taken into consideration, it definetly looks like this is Standardcoin/Therealstandard trying a slightly different scam.

https://www.mintpal.com/voting we are on mintpal voting list

Voted.  Thanks

Are we giving up on this coin?

thanks for scaring people....

i got a good returne for my btc

wallet dont sync

My wallet has not synced in 2 days, whats going on?

+1

Syncing now

Ok, Thanks.

And the transactions of the rounds?

Regards.

Where are transactions of round 11? >:(


I have not got any MUL from it! :o

Me too and its stop sync at block 2476

11 and 12 ???

same here stop at block 2476  :-\

dev no payment in 2 days...

are you fixing this ???

He will probably wait for the ipo to be over I guess, counterproductive to run away now.

But let me ready the gif just in case xD


117.21 BTC

http://media.giphy.com/media/s2qXK8wAvkHTO/giphy.gif


(that figure on his website is made up anyway, most likely. I hope)

I can offer my expertise as a website developer and state that with 100% certainty that the person that made standardcoin.net also made multicoin.me

And hence, since standardcoin turned out to be a scam where the dev walked away with possibly 16btc, it's with absolute certainty that multicoin is a scam.

Your best bet is to out the dev here like people did with standardcoin, give him negative feedback if he doesn't respond to your requests in 24 hours. You did give him btc right? That gives you the right to quality service.

Not surprising at all. I'll wait a bit more to tag this one though, or hoards of noobs will come pestering me about "trust system abuse".

All payments are sent. it's only not confirmed yet, You can always check the payment here: http://multicoin.me/history

Oh yeah, and nobody is mining this coin directly. It's 100% premine where the dev gets the choice of where to distribute the coins. If he fakes a buy of 5btc for the ipo, he just pays himself that many coins. Luckily he got this on an exchange so that he can just dump the left over coins at some point, making your coins worth nothing.

I have not invested in this coin directly so I will not provide negative feedback on the dev's profile.

After this coin and thread dies, don't be surprised to find some revival of this coin by another account created by the dev, it's probably just a way to pump the coin a little before his massive dump.

I can see that...
the problem is the wallet not syncing

hello, dev.
i thought you need to solve this problem.
let your coin daemon run 24 hours a day or ppl will not get confirms.
look here:
http://explorer.multicoin.me/chain/MultiCoin

2476   2014-04-28 08:31:50   3   414434891.74712838   0.02   300000050   1.94909   934.042   87.2755%
2475   2014-04-28 08:31:17   3   414935693.63354769   0.02   300000050   1.94897   934.042   87.2759%
2474   2014-04-28 08:30:16   2   208160840.10991025   0.083   300000050   1.94875   934.041   87.2768%
2473   2014-04-26 20:21:15   3   418067787.92653999   0.02   300000050   1.48764   932.535   89.228%
2472   2014-04-26 20:21:01   3   418076561.7299098   0.021   300000050   1.48759   932.535   89.2282%
2471   2014-04-26 20:19:58   3   418281010.26489787   0.034   300000050   1.48736   932.534   89.2293%
2470   2014-04-26 20:18:22   3   418512312.62268125   0.011   300000050   1.48703   932.533   89.2308%
2469   2014-04-26 20:18:02   3   419474917.7395065   0.046   300000050   1.48696   932.533   89.2312%
2468   2014-04-25 05:26:47   1   0   0.038   300000050   1.02799   930.914   91.5663%
2467   2014-04-25 05:25:57

everyday your coin daemon run 3 mins?
that will not allow ppl trade their coins in exchanges 24/7.
then it will be turn into a SCAM!

Why is that not confirm yet ?
My wallet sync until 9 hours ago, but the coin sent almost 2 days ago, so its should be on my wallet atleast listed on the block...
And why theres sync stuck at block 2476 ?

wallet still dosent sync

hey wtf is going on.....be professional and fix your shit....

or cancel it and send back the bitcoin

no news= bad news

i dont think this is a scam

cause if it was a scam the guy would collect till the last day to vanish...

the dev is just incompetent...he is trying....but to stupid to make it happen

hey dev...

you promisse mul for the bitcoin and service (mining) that i provide...

now its time to pay the man....

well do it...or beleive me i'll find you...

i did it before(with all my satisfaction)...i can do it again

so honor you word or i'll honor mine

 :( this is not distribute, this is IPO and POW :( :(

hey dev...your 3 payout late...

wake the fuck up...and pay up

Any news for another exchange ?
Atleast please make with polo...

I like the coin base on multipool.
I'm looking forward it.

uh-oh

lol the scams get better, ipo for btc, plus he gets whatever coin the mulitpool is mining.

11 round still not payed  >:(

Exactly, and he will xD

Both scam and incompetent, if it's standardcoin dev, like it seems ;)

pay the rounds >:(

Anyone get their coins from Round 11 yet? Current round's 14.

Since the round eleven no coins received, there are no transactions.

Even more, im not sure about the procedence of the Mhs of the pool, they could own to the dev or some friend of him.

received coins

yeah finally received

i have got my coins. :(  but it's a little.

This

I also think I downloaded a wallet with malware, as my adress wasn't valid on the Multicoin website and bitcoin adresses were changing on the spot in Google Chrome into the hacker's adress.
(Fixed this luckily)

Lucky I only mined for one day or so

Standardcoin website went offline, as predicted. He ran away with around 16 btc.
I should put a warning tag on this user too...

it's a scamer >:( >:( >:(

it's already a scam, his bitcointalk account has been marked by admintrator.

hey buddy, this is a scam. :(

yeah, he is a lair, he swindled our BTC and our hash. >:(

All coins are paid, it only needs confirmations. As I said, this is a PoW coin so you need miners help confirming your transactions but since mining give no reward, nobody is mining it, that's why we have difficult in confirming transactions. But in the future when the decentralized protocol released on top of MutiCoin, there are a lot of fees for miners to collect. This will make the confirmations smoother.

there are 3 types of people
- honest people
- scammer
- people that want to be honest and get treated as scammers

Don't you think, that accusations like you will kill all positiv goals. You are nearly forcing him to scam.

And it doesn't seem like its standardcoin.
- He compiled a mac wallet, wich standardcoin was to lazy to
- standardcoin has 7(!) posts - he has >70!
- he made the post 5 days later, that fast?
- did you see the work, that is in the website? is that wearth a scammer?
But honestly I didn't see standardcoins, because its offline. BTW. The standardcoin domain is not registered. maybe his registration ran out?


i am mining at the moment via setgenerate true.
But still no synchronization

my transaction of yesterday is still not shown on M-ATM transaction list

Well trust me I've seen it and it's practically the same website. Along with many other elements. Tagging him when he runs will be too late: read my comment, it's a warning and I'll remove if he implements the advertised decentralized atm (third party tested, and I don't believe it's even possible to do, but ok). Should have been implemented before launch with this kind of project.


P.s.: and about the number of posts: accounts with 60ish activity are easy to make and to get (even more, with some dedication). Original stdcoin account had 101 posts and 28 activity (he opened a second thread with another account to try to clean his negative feedbacks). Plus I spotted a few people posting in his defense who may be some more alt accounts (some of them at least: similar wording, 90% of their posts in std threads only, cross trust feedbacks again with similar wording, one of them appears to have posted a comment with the dev account by mistake, even. Not sure ofc but let's say this account being another alt account won't be surprising at all ;)).

This sounds like so much work, that he could have earned the money the normal way, as he is a dev and can program good pages...
As a programmer you can get easily 10000$ a month with working. So why earning the same with same effort and scamming when you can get honor?

still:
Try to keep accusations short. A warning is ok, but it should always involve a maybe!
If someone accuses you, you maybe want to show even more your honest, but others will do exactly that, just to justify your accusation. But they wouldn't have done it, if you didn't accuse.
It's not nice to scam at all, but its also not nice to accuse without proof.

Your figures are a bit off: takes a lot less effort to program a fake coin and one website getting away with 50-100 btc than to earn 30ish (10k) the normal way.

Is setgenerate true not enough? I still don't get synchronization.

i can't get my coins, because the wallet can't sync. >:(  is this coin dead?

coin dead~~~~~~~~~~~~~~~~~~

the round never restart and the wallet is 5 days out of sync

fix it or stop it all and open the atm

the pools is not working

its time to pay

Oboy...the pools were the entire point behind the coin.  :o

i think this is a scam :(

Yep, and the wallet is ~ 6 days behind. The IPCO part of the Website is still down, even after I sent a heads-up PM. Cap'n Multicoin has abandoned his ship.

The hell of it is, the dev largely turkeyed out on himself. He had a real winner here, provided he had kicked in some BTC or snapped some MULT up cheap. Even if he didn't, he'd at least have had a real brag on his hands. That counts for a lot here.

Maybe he should have kept some Multicoins for himself. In retrospect, 0% premine meant 0% disincentive to scoffing off.

its a drag....

for the first time i was making a real profit on a coin....i was hoping to upgrade a my rig

im holding about 2M coins

i have 9 million and if the guy was at least running the coin, so that you could trade, i wouldn't have any problem with scam, because i'd get at least a little money on exchange....

 :( the dev has disappeared, maybe i have lost my btc >:(

is this a scam? so many scams, i lost my btc too. :(

It if is a scam, I will have our law firm go after them. I hope it is not a scam although.

i lost my btc, fuk this scam :(

Thank god I didn't mine them for too long, maybe a couple of hours...

Glad to see more interest in the coin.Keep up the good work

help me, how do I get your coin back. I was sent to the floor and may have lost their

http://i1240.photobucket.com/albums/gg483/zaizai_anthai/chaacutenvai_zps367df1af.jpg (http://s1240.photobucket.com/user/zaizai_anthai/media/chaacutenvai_zps367df1af.jpg.html)

So your fair distribution method is just get BITCOIN and KH'S for free during a month to mine whatever you want?

You claim about energy costs and you want keep people mining Scrypt for

he cheated the hash and btc at the same time. >:(

there are so many scams, everybody has to invest IPO carefully >:(  fuk the trickster >:(

Lost about $50 on this shit, and now my 2.5 million coins have been stuck in bittrex for over a week.   >:(

Once someone claimed Multicoin and Standard coins developer are the same,true?

Blocked   MUL   2775   3   4409 minutes   05/11/2014 20:59:10

I assume coin is dead?  over 4400 minutes without a block?

thanks
richie@bittrex

Too many scams. I just found out about the NFD scam, and now this turns out to be a scam

yeah, so many scams, it's really a pity about this coin, it's website looks nice, why the dev run away..

ok, does someone want to catch the guy?
Infos:
http://whois.domaintools.com/162.243.212.105

maybe he made a mistake (i guess digitalocean doesn't accept bitcoin)

could someone from the usa do the paperwork?
as server is located there...

Who wants to take this guy down, I still have an attorney retained willing to go after him. If anyone wants to get me his info

This guy stole 2.25 btc + all the miners I rented. Probably worth 4-5 btc  :'(

Always beware of risk free investments :)>

some american has to go to the police and accuse him, so they will go to digitalocean and ask for details.

People this was to obvious wtf lol

I live in CT (like 30 minutes from New York).  I could present a statement to them about this if someone else writes it up.

today is dead line... >:( >:( >:(

hope this guy will be caught 8)

Any new from the Dev?

Dev is long gone

I don't think you need a statement. Can't you just go to the police and tell them about it? They should write it for you.

It will turn out better if someone breaks it down.

i guess my english is not suitable for that...
Aren't you a native speaker?

I just want someone to write a statement that explains how much money was lost and that we would like to press charges along with getting a subpoena sent to digitalocean to get the registrants information to prosecute him.

It's good that people don't forget about this coin.
Only a strong community raise this coin to the moon

i think we are talking about 166.57 BTC (http://multicoin.me/round), if its not faked. But who should know that?
As i said my english is not good enough for a letter like this, can't you write that?

I hope it stronger, but still depends on the efforts of the author

the website can't open right now. >:(

Seems that he saw our posts about us prosecuting him and shut down the website along with putting up whois protection.  http://whois.domaintools.com/multicoin.me

its to late, we know, that the server was hosted at digitalocean.
he maybe would have a chance, if he just makes, what he was promising...

Scammed again like me, eh?

Perhaps it is

meaby soon...verry soon someone will knock at is door and kick is ass....

just saying....lmaol

the author is a scammer, do you still believe in him?

i have lost much money, fuck this shit scammer dev.  >:(

can we do something to get this scammer? i don't want him to be unpunished.