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Question: Should we make changes in the IPO? If yes, how?
No. Do not change anything.
Yes. Change the price to 0.0003 BTC/MIL. Old investors get proportionately more MIL for their investment.
Yes. Change it so that the entire IPO coins are distributed proportionately among investors, i.e. Amount of MIL you receive = Your Investment/Total Investment * 195,000 MIL

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Author Topic: [ANN] Millionaire Coin (MIL) - Launched!  (Read 76019 times)
millionairecoin
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June 07, 2014, 06:45:38 PM
 #321

The total investment should be around 30 BTC as only 3 hours 15 minutes are left now.
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jasemoney
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June 07, 2014, 06:49:39 PM
 #322

The total investment should be around 30 BTC as only 3 hours 15 minutes are left now.
the extra coins divided among ipo holders will be distributed before the trading opens ya?

$MAID & $BTC other than that some short hodls and some long held garbage.
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June 07, 2014, 06:51:14 PM
 #323

also you say 3 hours but the countdown says tomorrow at 2pm EST
which is for what?

$MAID & $BTC other than that some short hodls and some long held garbage.
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June 07, 2014, 06:58:07 PM
 #324

If IPO doesn't sell out we will get rest of cons us who bought is that it? POLO confirmed they freezing it in 3 hours approx..
millionairecoin
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June 07, 2014, 07:00:00 PM
 #325

The extra coins will be credited to your Poloniex accounts on or before coin launch.

IPO closes in 3 hours; Coin launches in 23 hours (2 PM EST)
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June 07, 2014, 07:01:08 PM
 #326

The extra coins will be credited to your Poloniex accounts on or before coin launch.

IPO closes in 3 hours; Coin launches in 23 hours (2 PM EST)

WOW that's cool is it good time to buy some more now then before it closes? Smiley
Crypto_Enthusiast
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June 07, 2014, 07:04:49 PM
 #327

The extra coins will be credited to your Poloniex accounts on or before coin launch.

IPO closes in 3 hours; Coin launches in 23 hours (2 PM EST)

WOW that's cool is it good time to buy some more now then before it closes? Smiley

This coin will be interesting to watch, it's a good trading experiment - plus the dev's decision to split the remainder of the coins to the IPO buyers provides confidence. I'll be investing a small amount - if I can turn $10 into $50 I'll be happy and wish I purchased more Smiley
millionairecoin
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June 07, 2014, 07:06:24 PM
 #328

The extra coins will be credited to your Poloniex accounts on or before coin launch.

IPO closes in 3 hours; Coin launches in 23 hours (2 PM EST)

WOW that's cool is it good time to buy some more now then before it closes? Smiley

Well very honestly, you should do your research before investing into anything. Don't go by what others say; most of them will have personal motives Smiley
poornamelessme
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June 07, 2014, 07:06:42 PM
Last edit: June 07, 2014, 07:49:04 PM by poornamelessme
 #329

The extra coins will be credited to your Poloniex accounts on or before coin launch.

IPO closes in 3 hours; Coin launches in 23 hours (2 PM EST)

WOW that's cool is it good time to buy some more now then before it closes? Smiley

Just be aware that going into promo hype mode before the ipo is actually over isn't in yours, or current investors, best interest. It's too far away from selling out for demand to be the path to profit. You need to base it on the proportional split after the ipo is over.
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June 07, 2014, 07:32:28 PM
 #330

The extra coins will be credited to your Poloniex accounts on or before coin launch.

IPO closes in 3 hours; Coin launches in 23 hours (2 PM EST)

WOW that's cool is it good time to buy some more now then before it closes? Smiley

Well very honestly, you should do your research before investing into anything. Don't go by what others say; most of them will have personal motives Smiley

That is the best answer I think I've ever heard come from an IPO coin developer. You could have hyped it, "buy now and you'll
make a gajillion times your investment in profit", but instead you gave good honest, sound advice.

The only other thing I would add is to never invest more than you can afford to lose. If it pays off, great, but if not, you don't
want to lose your shirt over an altcoin investment.

poornamelessme
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June 07, 2014, 07:56:55 PM
 #331

At what time today, EST, does the ipo end?

And what was the original ipo amount again, 110 or so btc?

Just doing some quick calculations as to if it'd be worth putting a small amount into.
millionairecoin
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June 07, 2014, 08:09:09 PM
 #332

At what time today, EST, does the ipo end?

And what was the original ipo amount again, 110 or so btc?

Just doing some quick calculations as to if it'd be worth putting a small amount into.

Ends today 6:00 PM EST

Yes original amount was 110 BTC but now all coins will be distributed proportionately among investors no matter what the total investment is.
poornamelessme
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June 07, 2014, 08:16:57 PM
 #333



Yes original amount was 110 BTC but now all coins will be distributed proportionately among investors no matter what the total investment is.

Yep, which is why I asked what the total was, just to see how many coins there may be to distribute. And I assume you mean all ipo coins will be distributed proportionally, which was around 19.5% of max?
millionairecoin
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June 07, 2014, 08:21:55 PM
 #334



Yes original amount was 110 BTC but now all coins will be distributed proportionately among investors no matter what the total investment is.

Yep, which is why I asked what the total was, just to see how many coins there may be to distribute. And I assume you mean all ipo coins will be distributed proportionally, which was around 19.5% of max?

Yes. Right now the investment stands at 33.7 BTC
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June 07, 2014, 08:41:31 PM
 #335



Yes original amount was 110 BTC but now all coins will be distributed proportionately among investors no matter what the total investment is.

Yep, which is why I asked what the total was, just to see how many coins there may be to distribute. And I assume you mean all ipo coins will be distributed proportionally, which was around 19.5% of max?

Yes. Right now the investment stands at 33.7 BTC

Okay, thanks. It still looks  risky, even using a proportional distribution. For argument's sake, if we base the coin on how DCM did (their higher avg. value, not post lunatic dev value), it's cutting it close as to being a profit or not. I think it'll come down to polo hype and if it'll boost it up enough to start with.
IPCoinz
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June 07, 2014, 08:56:37 PM
 #336

Some good promoters and devs behind this coin.  Its all pump and no dump!  Well, less dump at least...  Price will stabilize at a high value
millionairecoin
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June 07, 2014, 09:53:21 PM
 #337

Some good promoters and devs behind this coin.  Its all pump and no dump!  Well, less dump at least...  Price will stabilize at a high value

Thanks You for supporting Smiley Much Appreciated
JohnnyKovak
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June 07, 2014, 10:02:58 PM
 #338

11:01pm GMT = 6:01pm EST 7:01pm EDT.......We Want Wallet....Excited now......
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June 07, 2014, 10:06:14 PM
 #339

So this can be mined right now or?
millionairecoin
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June 07, 2014, 10:06:39 PM
 #340

ICD over now!

Total Investment: 45.28627556 BTC

Effective Price: 0.000232237 BTC/MIL (You can use this price to calculate the amount of MIL you will be receiving or the formula below)

Formula to calculate investment: Amount of MIL you receive = Your Investment/45.28627556 * 195,000

Thank You for believing in us and making MIL ICD a success. We ensure everyone that we will use the funds wisely.

Coin Launch Countdown: http://www.timeanddate.com/countdown/generic?iso=20140608T14&p0=250&msg=Millionaire+Coin&csz=1
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