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1  Alternate cryptocurrencies / Altcoin Discussion / [OFFICIAL] mcxNOW Final Investment Round. 6700BTC already invested on: November 01, 2013, 04:20:31 AM


mcxNOW.com Final Investment Opportunity.
Visit the BUYMCX page to buy one mcxFEE which represents 0.001% of all revenue (no costs taken from it) for a very reasonable amount of 0.4BTC . You get paid every 6 hours in a 1:1 direct fashion, the more mcxFEE you own the more you get paid.

Read more about mcxNOW from yahoo finance. http://finance.yahoo.com/news/bitcoin-digital-currency-exchange-mcxnow-085503878.html

mcxNOW is a bitcoin and altcoin currency exchange coded in c++. It is the fastest and most reliable exchange in the digital currency sector, with an uptime over 99.999% , no hacks and no security breaches in over 6 months of operation.

mcxNOW is going to be branching into gaming and gambling whilst remaining strictly fiat free to avoid unnecessary regulations. We expect gaming/gambling fees to be over 50% of mcxNOW fee volume in a few months, more than doubling current revenue and giving all investors an extremely desirable daily return.

 
mcxNOW.com has seen explosive growth since the complete site overhaul and relaunch of "mcxNOW.com 2.0" on the 11th of
September 2013 (AEST).  One of the most important things that tends to be forgotten in every valuation people have attempted
to make to date, is revenue growth potential.  The growth of mcNOW.com in the seven weeks since the site relaunch has been
phenomenal; below is some important information to factor in when attempting to calculate the value of mcxFEE units or
mcxNOW.com in general, and when making your decision upon purchasing further mcxFEE.
  
Key features, aims and general information regarding mcxNOW.com exchange;
 
  Since 11/09/2013 (AEST), mcxNOW.com has redistributed over 195 BTC back to users (this amount takes into
consideration not only BTC, but the alternative (“alt”) coin amounts converted to BTC value). At current rates, that is
over $41,340 USD in less than 8 weeks. See notes 2/3.  
 
  Current yearly dividend percentage return for a single unit of mcxFEE is over 14% per annum (this valuation is taken
from the last 5 days average payout amounts). See notes 2/3.
 
  Pre-update monthly exchange revenue was, on average around $10,000 USD. For October 2013 mcxNOW made over $100000 USD in fees.
 
  RealSolid is committed to bringing more and more innovative and original ideas to the exchange.  He will actively look
towards making mcxNOW.com the home of next generation crypto currency / commodities (such as Microcash) and
look to more unique and profitable ways to generate income for users; see current examples below.
 
  Paid bans - This is a perfect example of one of the innovative and original ideas that will become the norm for
mcxNOW.com.  Since inception this unique feature has generated over 100 BTC in straight revenue, which means over
31 BTC went straight back into the hands of users.  After this mcxFEE tranche two release that amount would increase
to 76 BTC! See notes 3/4/5/6.
 
  Pro trader - This feature costs 0.05 BTC per 14 days, offers numerous advantages for traders, and is paid for by roughly
2-3% of traders currently. As features are added, it is naturally anticipated this number will rise alongside the increase in
users, making for a constant revenue earner.
 
  Lotto - Another unique feature is the hourly lotto. This is currently paying back users with 1000 mcxFEE allocated to its
pool by Admin (out of the Admin’s 50,000 share).  Entries are granted (max of 1 entry per Lotto) by buying any coin or
mcxFEE.
 
  Interest on deposits - Yet another unique and innovative feature is the current allotment of 25,000 of Admin’s shares to
pay interest on deposits for all coins - straight out of the revenue!  This has been a steady earner for many, and
although the interest rate can vary due revenue generation spikes, it generally is paying more than enough to
encourage many customers to keep their crypto-wealth stored at mcxNOW.com instead of anywhere else.  This is a
completely authentic (and legal) interest system that can be self-audited by any depositor to reassure any concerns
anyone might have. See note 2 for revenue details.
 
  The user account tally has grown by over 40% since the launch of mcxNOW.com 2.0, closely relating to the massive
increase in revenue.
 
  Average online user counts have grown by over 350% since the launch of mcxNOW.com 2.0.
 
  Both of the above figures are as of this date, and these increases are continuing daily.
  
  BTC on deposit at mcxNOW.com has gone from an 800 BTC average pre-update, to over 9300 BTC as of this date - a 10x
increase. See notes 2/3.
 
  A commitment towards more innovative, original, exciting and unique paid features to maximise revenue (and
therefore increase mcxFEE dividend streams) and user experience.  Gaming or even gambling of some kind has been
suggested as a potential earner.  Both paid bans and pro trading accounts have shown the earning power paid features
hold when compared with standard trading fees.
 
  A potential 25% increase in trading fee revenue can be achieved with a trading fee increase as small as 0.05% (making a
0.25% trading fee, so 0.5% in revenue per total standard trade including the buy and sell order (mcxFEE trades would
still be 0.25% total since no commission is charged on the mcxFEE portion).  There is also room for further small fee
increases considering mcxNOW.com is currently charging well under most competitor prices per trade.
 
  When making any calculations please remember, that with this fast paced growth, trading volume could easily double,
triple (and beyond) in a very short span of time.  The world of crypto currencies / commodities is very new, and
expanding at an exponential pace.
 
  Once the 45,000 mcxFEE offering is filled, 76% of all site revenue will be going straight back into the hands of its users.  
This is taking into account lotto and interest on deposits in their current form, which is subject to change.
 
  mcxNOW.com is operating completely legally under Australian law (where it is operated from).  Bitcoin is currently not
deemed money or any type of e-currency (under Australian law) so provided the exchange does not deal in fiat
currencies (USD/AUD/etc) there is no legal risks involved and all funds are safe.
 
  The potential for future voting rights of some variety for mcxFEE holders.  This could be easily implemented whilst
Admin would still retain 100% exchange ownership.  An example of voting matters, would be the next feature, or even
coin to be added.
 
  
Note 1: Each mcxFEE currently entitles the bearer to 0.001% of the total pre cost revenue generated by mcxNOW.com, each "dividend payment" is made on a 6
hourly basis.  Ownership of mcxFEE does not consist of any share in mcxNOW.com company ownership itself, nor does it currently carry any voting rights.
Note 2: Data obtained from https://docs.google.com/spreadsheet/ccc?key=0AioqMMSVIC5tdFplWndsdmZuaGxyN01xemxtNWYxVGc#gid=0
Note 3: All data accurate as of 11am AEST, 28/10/2013 (Mt Gox USD last price $207.00).
Note 4: Data obtained from http://mcxchart.com/chatstats
Note 5: Interest and Lotto taken into account, currently 1,000 of Admin's mcxFEE go towards hourly lotto’s, and 25,000 go towards interest payments.
Note 6: More information on paid bans at http://mcxpump.com/2013/09/26/mcxnow-unique-feature-paid-bans/


Risk Disclosure / Terms: Any kind of virtual / digital commodity investment carries a high risk. By using mcxNOW.com, you represent and warrant that you understand all risks associated with Bitcoin and digital or
virtual commodities, goods, or products.  
The virtual commodity Bitcoin is not currently deemed money or any type of e-currency under Australian law.  
If or when in doubt, please obtain independent legal and/or financial advice - including but not limited to, the buying, selling and trading of Bitcoin, mcxFEE or any other digital commodities, products or goods under
the local laws of your jurisdiction.  
mcxNOW.com reserves the right to refuse any mcxFEE order for any reason.
2  Alternate cryptocurrencies / Altcoin Discussion / mcxNOW adds PPCoin (PPC) trading - Get interest on your PPC deposits on: September 19, 2013, 12:47:56 PM
https://mcxnow.com/exchange/PPC

25% of all PPC exchange fees are given back to users in the form of interest payments. Simply holding a positive PPC balance at the exchange will see you get interest on it. Now your trades will contribute to more money back to you. The same is true for Bitcoin, 25% of fees fund interest payments.

Read more about interest and how you can also get a fixed percentage of PPC fees through the feeshares on the exchange.

https://mcxnow.com/features.html


Currently I'm not doing PoS mining to get the 1% interest that PPCoin itself has within the chain. But I plan to eventually also pass this on into the feepool so everyone can benefit. Thanks.
3  Alternate cryptocurrencies / Altcoin Discussion / [NOTICE] mcxNOW had a 3rd party leaked database run against the login system on: September 16, 2013, 07:25:52 AM
mcxNOW on September 16 had over 500 unique ips scan a 3rd party (currently unknown origin) leaked USER/PASSWORD database on the mcxNOW accounts looking for accounts which matched the leaked database. The hacker then logged into about 50 different accounts and withdrew up to 4 Bitcoins after cashing out other coins in those accounts.

Firstly
1) If you use a unique username or password at mcxNOW you have nothing to worry about.
2) If you used 2FA at mcxNOW you have nothing to worry about

Any member of mcxNOW I advise you to log in and check your security center. Look for failed logins to help identify which exchange/pool/forum database has been leaked and is being tested on sites like mcxNOW! We can then warn users of that service before the hackers take any more of these users money. Thanks.
4  Alternate cryptocurrencies / Service Announcements (Altcoins) / [ANN] mcxNOW.com : Deposit. Earn Interest. Trade. on: September 12, 2013, 05:03:22 PM
https://mcxnow.com



mcxNOW is happy to announce its most significant update, including features that we hope will become standard across all other exchanges. It is our goal to revolutionise crypto-currency trade.

All balances earn interest
mcxNOW has begun redistributing 25% of all profits directly to its users. If you hold a balance on mcxNOW, you automatically earn interest.  Interest is proportional and dividends are posted every 6 hours.

Earn more by investing in mcxFEE shares
You can also invest in the exchange by purchasing mcxFEE shares. For each mcxFEE you own, you receive 0.001% of all exchange fees.

Fee revenue isn't limited to bitcoins. All fees, for each currency, are re-distributed to shareholders every 24 hours.  Purchasing shares is just one more way that you can sit back and enjoy watching your crypto-portfolio grow.

Seems to good to be true, doesn't it? [Read the interest/mcxFEE FAQ for additional details]

What about security?
Four months and not a single satoshi lost! mcxNOW is custom built, using the same technology used to operate and secure the NYSE.  There are zero known vulnerabilities to exploit, artificial intelligence processes checking every packet and the service has had proven 99.99% uptime with exceptional DDoS resistance.

Current trade offerings include Litecoin (LTC), Primecoin (XPM), Solidcoin (SC), Minecoin (MNC), Worldcoin (WDC), Devcoin (DVC) and Copperlark (CL), with other coins coming in the very-near future.

mcxNOW feels that exchanges must exist, first, for their clients.  Profit-sharing should be part of each users experience.  

Questions?
If you have anymore questions, please do not hesitate to take a look at our FAQ
5  Alternate cryptocurrencies / Altcoin Discussion / mcxNOW Fee shares : Cryptocurrency daily earnings on: July 29, 2013, 08:09:52 AM
*UPDATE* 10000 of the 5000 available are already asked for. I will still accept small orders <10 shares for a little time to accommodate the smaller fish at expense of the big fish. Thanks.

mcxNOW features
* Written entirely in C++ by an experienced cryptocurrency developer that is very familiar with Bitcoin and written a completely new cryptocurrency from the ground up (MicroCash) .
* Able to handle upwards of a million simultaneous users on the exchange. No problems will be faced if excessive growth occurs.
* Has uptime of 99.999% in 3 months of operation, only going down for feature upgrades and new coins
* DDoS and DoS resistant.
* High security, no admin access possible from the internet. Exchange has guard threads which monitor all user accounts constantly to ensure if there is any bug or hack it cannot be exploited. 3 tier network security (separate web server proxies, exchange server and wallet server)
* Built in 51% protection for relevant Bitcoin technology based currencies
* Only one human involved in anything to do with the administration of the site, restricts the biggest weakness most exchanges face (human error and greed).
* Everything is custom, no SQL usage, site is RAM cached, on-disk encryption of data. Site has passed 3 professional pen testers and numerous hack attempts from anonymous parties.
* No 3rd party cookies, no 3rd party site monitoring, no outgoing connections to 3rd party sites.
* Anonymity is sought at every stage. Web servers don't log connections. Minimalist tracking on the exchange server itself. Will not willingly provide any data to 3rd parties.

mcxNOW goals
* To remain a pure cryptocurrency/non fiat exchange to be protected from future laws involving fiat.
* To be the #1 exchange for every coin that is traded at it
* To be the first and biggest MicroCash exchange. Once MicroCash is added the fact mcxNOW itself doesn't do fiat will be irrelevant due to the instant nature of it.
* To be the most innovative and feature rich exchange. The fact it is coded in C++ and can handle a million+ simultaneous users already gives it a lot more potential than any other exchange can dream of.
* To never lose any users money due to a fault in the exchange.

What are mcxNOW fee shares
Firstly they are not shares in mcxNOW itself, this is for legal reasons. Holding a mcxNOW fee share gives you a percentage of every single fee mcxNOW generates. Earnings are paid daily, there is no middleman, there is a 1:1 direct correlation to fees generated and what you earn by holding a fee share.

How many mcxNOW fee shares are you creating?
There are 100000 in total. 50% will never be sold, so the amount of available fee shares is 50000. Each share therefore represents 0.001% of the daily fees.

How much are you offering each fee share?
They will be selling for 0.1btc, which currently makes them worth roughly $10 each.

How will fee shares work on mcxNOW?
Each day the exchange will calculate all the fees generated and reward you in every single currency the exchange has. This means any future currencies added will also give you new earnings. Fees currently include trade fees, withdrawing fees and even exchange upgrades like the pro trading account. Any fee the exchange generates now, or in the future, you will have 0.001% of for each share.

A new exchange tab will be created for these fee shares allowing people to trade them like any other currency at the exchange. You can have active orders and still accrue earnings. So not only can you earn money through the fees generated daily, but by trading them.

How long will fee shares be active and will you create more in the future?
Fee shares will be active as long as mcxNOW is operating. It may make sense in the future to create more shares if price of a single share is too much, if any more shares are created you will receive your current percentage in shares of the new shares. So basically if mcxNOW doubles the fee shares to 200000 in the future to reduce price, you'll get double your existing amount of shares. mcxNOW will never relinquish more than 50% of the fee shares due to costs of running the exchange.

When will all this be implemented on mcxNOW
99% likely to be before August 10th. The next update to mcxNOW is rather large and includes major overhauls to user accounts. Most of it is already done. There is also an unannounced feature that should greatly help mcxNOW to become the #1 exchange for every coin it trades.

An example :-

Quote
You buy 200 shares for 20BTC. Over a month (just an example) the exchange generates the following amounts in fees.

1000 BTC (950BTC from trading, 2BTC from withdrawing, 48BTC in pro trading fees)
100000 MNC
200000 WDC
20000 XPM
20000 SC
20000 LTC

You will receive 2 BTC + 200MNC + 400 WDC + 40 XPM + 40 SC + 40 LTC.
Every new coin added will increase the amount of fees you earn. Once MicroCash is on the exchange then the interest it earns may also be given in fees (TBD) .

How do I get mcxNOW fee shares?
You can either buy them now or wait until August 10 when anyone who does buy them now has the option of selling them on the exchange at a price of their choosing. I'm aiming to only sell 1000 to 5000 of the 50000 shares initially to reward the people who do get in early. The remaining will not be offered on the exchange itself, leaving only the people who buy them before August 10 to trade. The goal is to do another release of the remaining shares sometime next year when the price is a lot higher and the exchange has proven itself over a longer period of time.

To buy them send me an email to mcxnow.exchange@gmail.com with the subject "mcxNOW fee shares".  Provide your user account on mcxNOW and number of shares you want to buy. You may not get all the shares you ask for if the amount is too large, but put the maximum you want anyhow. In the coming days you will receive an address to send Bitcoins to and the amount of shares you have been given.  On the launch of the next update you will a confirmed amount of fee shares in your account ready to go.

Email orders will be processed in order by date received.
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