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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 76226 times)
millionairecoin (OP)
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May 31, 2014, 08:59:41 PM
Last edit: June 24, 2014, 07:57:23 PM by millionairecoin
 #1

Want to join the MIL team? PM me!



Millionaire Coin (MIL)
Millionaire Coin (MIL) is a coin for the elite. As the name suggests, MIL will have just 1 million coins in the POW phase and will then have a nominal interest rate of 12% per annum in the POS stage.

Real-time USD Price
http://crypto-prices.com/MIL

Official Exchange
https://poloniex.com/exchange/btc_mil

Millionaire Coin Specifications
Algo: X11+POS
Max coins in POW stage: 1,000,000
Block Time: 30 seconds
Block 3 - 100 Reward: 0 MIL
Block Reward: 20 MIL
Total Number of blocks: 40,100
Difficulty Retarget: Every 5 blocks
No Block Halving
POS: 12% Annually
Min Stake Age: 3 Days
Max Stake Age: 180 Days
Coin Maturity: 50 Blocks
Minimum Transaction Fee: 0.00005 MIL

Bounties
Block explorer: 30 MIL "dasource"
Android Wallet: 300 MIL
First Pool: 30 MIL "JohnDorien"
First 5 Multi-Pools: 200 MIL each
Any innovative/unique service: 500-1000 MIL (maybe more, depends on how unique your service is)

Merchants
http://bitscoinshop.com.br/en/ --- Enjoy special discounts when paying with MIL

Translations
Chinese: https://bitcointalk.org/index.php?topic=634167.msg7064524#msg7064524


Block Explorer
http://mil.blockexplorer.cc/

Multi-Pools
https://coinking.io (https://bitcointalk.org/index.php?topic=633914.msg7458076#msg7458076)

Wallets(Will crash on first launch, just relaunch)
Windows: https://mega.co.nz/#!ZxElQSbK!HTqoclXIt4jh-2CqNJa5rQwaw4UKYSPXcNFKrxJYMYw
Linux: http://www.mediafire.com/download/5z031riuiocbe0b/MillionaireCoin-qt_Linux.zip
MacOSX: http://www.mediafire.com/download/l2giryso3k96gop/MillionaireCoin-Qt+Mac.zip
 
Source Code (If you get an error compiling, make leveldb files)
https://github.com/MILcoindev/Milliionaire-Coin

Config file (MillionaireCoin.conf): http://www.mediafire.com/view/6gahfajcxhx8e6m/MillionaireCoin.conf
Code:
 server=1
listen=1
rpcuser=user
rpcpassword=pass
rpcport=35551
addnode=108.61.198.32
addnode=184.173.115.98

RPC Port: 35551
P2P Port: 35552
Testnet :  35552


Facebook: https://www.facebook.com/pages/Millionaire-Coin/784585554893976
Twitter: https://twitter.com/MilCoin
TwinWinNerD
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May 31, 2014, 09:00:46 PM
 #2

Shitcoin without innovation. And you want to collect 110 BTC that will be frozen for a week? this is ridiculous....

ThePatient
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May 31, 2014, 09:00:59 PM
 #3

If IPO sells out within a few hours, just like the LCL one did, will trading on polo start soon after?

And the name effing blows dude.
philipvdlinde
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May 31, 2014, 09:04:56 PM
 #4

Absolute shitcoin with nothing to offer at all, go away people nothing to see here.
millionairecoin (OP)
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May 31, 2014, 09:05:50 PM
 #5

If IPO sells out within a few hours, just like the LCL one did, will trading on polo start soon after?

And the name effing blows dude.

Well trading will start at launch on June 8.

Thanks Smiley
getmining.info
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May 31, 2014, 09:07:29 PM
 #6

Why on earth do Polo support these?  Huh Surely it's bad rep?  Roll Eyes

All views are my own, except those that I have subconsciously inherited from my parents and those that I have nicked from far cleverer people.
wealthy$
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May 31, 2014, 09:09:24 PM
 #7

good plan, we could at least hold poloniex responsible in case MIL COIN is abandoned by dev.

JohnDorien
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May 31, 2014, 09:10:17 PM
 #8

No idea why someone would pay something at IPO for a standard X11 POS coin.. that does not offer innovation..

but hey! who cares?

I claim the first pool and the Block explorer bounties...

will be up at

pool: stratum+tcp://stratum.cipherpool.com:7832 -u YOURWALLETADDRESS -p x

BE: milbe.cipherpool.com

foxy
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May 31, 2014, 09:14:22 PM
 #9

well, there's a sucker born every minute. hopefully people have learned by now to avoid these blatant cash grabs.


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DeFi on Tron
and trustless token exchange
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eliedsonvicente
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May 31, 2014, 09:17:04 PM
 #10

Shitcoin. Stay away from this shit...
kashish948
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May 31, 2014, 09:17:22 PM
 #11

just sent some btc to polo  Grin
Benezivas
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May 31, 2014, 09:18:01 PM
 #12

well, there's a sucker born every minute. hopefully people have learned by now to avoid these blatant cash grabs.

But it's going to be the big next thing. Right? Right?
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May 31, 2014, 09:18:55 PM
 #13

Why do you need IPO and premine???  You should use IPO funds.  OOH wait, you do not want to spend your money.


3)   About 15% will be reserved for paying for developing services like Android wallet, Online wallet, etc.

Bounties
Block explorer: 30 MIL
Android Wallet: 150 MIL  <<<<< I thought you had IPO funds for this but instead want to use your free premined coins.
First Pool: 30 MIL
First 5 Multi-Pools: 150 MIL each
Any innovative/unique service: 500-1000 MIL (maybe more, depends on how unique your service is)
SecondsOld
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May 31, 2014, 09:19:23 PM
 #14

Looks to be severely overpriced unless there's some major innovation that we're not being told about.  Will keep an eye on this one but I don't like what I'm seeing so far...
NewWorldCoiner
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May 31, 2014, 09:21:51 PM
 #15

Overpriced. Look at past IPO coin specs as a guide.

And where is the innovation? What does it do better than other coins?
jibble
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May 31, 2014, 09:24:45 PM
 #16

Overpriced. Look at past IPO coin specs as a guide.

And where is the innovation? What does it do better than other coins?

It doesn't do anything, the dev needs to pay for everything. all he has done is basically show us he has a standard pos/x11 coin which can be cloned very very easily , now he wants people to give him 110btc for an IPO then 1 week later released another 80% of the currency in instamine. all while giving no features or developments, because as you can see he will need our money to buy them.
ROBERTO
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May 31, 2014, 09:25:46 PM
 #17

It is you who will become millionaire with your IPO at 110 BTC!!!

What a big joke!!!!!

X11 coins Pos/Pow there are tons!! What is News??!!

1 millions coin this is the novelty!!!!

Make your IPO at cheapest price and you maybe have a chance!!

Good luck!!
millionairecoin (OP)
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May 31, 2014, 09:27:32 PM
 #18

We are in negotiation with some merchants who will accept MIL. Other than that we will always be introducing innovative features, that is why the IPO is there - TO DEVELOP MIL!
john38474
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May 31, 2014, 09:28:51 PM
 #19

lol the price is not overpriced! 0.0005 BTC for a coin with total supply of 1 million! that's a bargain!
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May 31, 2014, 09:29:43 PM
 #20

We are in negotiation with some merchants who will accept MIL. Other than that we will always be introducing innovative features, that is why the IPO is there - TO DEVELOP MIL!


  Yea nice try, this is the same excuse every other Shady Dev has, but hey, I'll see you at the bahamas =)
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