Legit or scam MDC (My Daily Coin)

[imranskfuuast]

I just found Mydailybitcoin. And invested approximately 85 mBTC

They are offering 1% everyday on your BTC. Registered an account and the page looks serious, but that doesn't gives you any guarantees.

I got Paid 2 times

But dont know about this site what they will do.

What you think?

[mottsimon]

I have been using mydailycoin.com for about a month now and they have paid everyday. It's really quick and easy to use and from my experience so far, it's a great way to earn some decent interest from keeping your bitcoin there. I have around 8 BTC invested at present which is banking me 0.08 bitcoin a day, Far better than mining shares. If you invest 10 BTC in one investment, you earn 1.2 % a day instead of 1%

The business is registered in the UK and they have an address on site. You can withdraw your initial investment at any time minus 5% admin fee. It will then take you only 5 days of 1% interest payments to start profiting from the interest. I have seen others who have been using this service since it's launch in April and they have been happy with it so far. They also respond to customers very quickly. My ref link is below for the site.


https://www.mydailycoin.com/index.php?ref=Harry54321

[Ron~Popeil]

My question would be are they actively trading or paying out from funds of new investors aka a ponzi. 3-3.5% seems pretty high for trading even by the best traders.   

[mottsimon]

I don't represent Dailycoin in anyway but 3-4 % is easily achievable when using arbitrage. If this is approached professionally and various exhanges are utilised on the buy and sell side it's easily possible to make those percentages daily. There also might be trading software implemented. I do admit though it would be nice to know more specifics on how profit is made. I'm sure it would put a few peoples minds at rest. This and people would more than likely be willing to invest in bigger quantities too.

[poochz0rz]

I was just about to reply to another thread about this, but I saw this one before I did.

I can't confirm if it's legit or not. I've been using it for like 60 days. I put in the minimum investment amount (1 mbtc) because that's all I had, and kind of forgot about it. The interest got to about 0.67mbtc and I deposited another 1 mbtc. In about two weeks, I should be able to get 1 mbtc in interest. Long and annoying I know, but it's all I can do for now. I'm hopeful it will work out and that eventually the only bitcoin I have invested are the coins I earned from this so I won't have to worry about mine.

[Luposian]

I have been with MDC since May 2 and they have been 100% solid.  I've withdrawn EVERYTHING to Coinbase several times and everything is INSTANT!  Not even a 5 min. delay.  Unfortunately, though I have invested up to $309 with them in the past, people constantly warning me "They're a scam... you're gonna lose all your money!", has caused me to worry enough that I only have pure profit invested now (0.250 BTC).  But they're still solid, even on my most recent withdrawal to Coinbase.  I "test" them every 15 days, to make sure everything is still quick and smooth.  It was on June 29th, when I did a full release and withdrawal to Coinbase.  I then stuck it all back in for another 15 days.  I can't speak of anything other than my own success with MDC.  I just hope everyone who keeps doubting, is wrong... forever wrong. :-D
 

[Ibian]

I don't understand why people bother with such tiny amounts. Nobody is going to bother running off with what amounts to a bag of chips, and it's not enough for the profits to matter.

Anyhow, I bet 0.35 BTC on them being legit and am currently awaiting (meaningful) results. There is another thread on this which will be bumped when I get that far.

[sugarboy321]

Hello,

       Like a dope I invested 23 Bitcoins into Mydailycoin.com. You can view the transaction on blockchain, wallet 1F4vSMSb5iTvAVoVsXvpDcyKUyuPD6Q1EZ to (Mydailycoin) 1AkDnVQDYmiA6h6khDbf18a3K46nXqNdeH
       on 12May2014. I waited a day and received a good dividend, however I did not do my research and found several forums regarding Mydailycoin.com. So anyway, I tried withdrawing my bitcoins from the wallet
       and instead of an instant withdraw I received "Withdraw request". A few hours later I tried to log in and my password was deleted, the password recovery did not work since it did not recognize my username or
       password. I have sent many messages to the scammer of the site and no surprises he gives me a run around. I have been ejected from Facebooks "Mydailycoin" and I am guessing that the site will go down in
       maybe six months.

       Anyway those 8 bitcoins sound a lot, if you try to withdraw them try small amounts so you don't trigger the "Withdraw request".

[majorlee]

Hello,

       Like a dope I invested 23 Bitcoins into Mydailycoin.com. You can view the transaction on blockchain, wallet 1F4vSMSb5iTvAVoVsXvpDcyKUyuPD6Q1EZ to (Mydailycoin) 1AkDnVQDYmiA6h6khDbf18a3K46nXqNdeH
       on 12May2014. I waited a day and received a good dividend, however I did not do my research and found several forums regarding Mydailycoin.com. So anyway, I tried withdrawing my bitcoins from the wallet
       and instead of an instant withdraw I received "Withdraw request". A few hours later I tried to log in and my password was deleted, the password recovery did not work since it did not recognize my username or
       password. I have sent many messages to the scammer of the site and no surprises he gives me a run around. I have been ejected from Facebooks "Mydailycoin" and I am guessing that the site will go down in
       maybe six months.

       Anyway those 8 bitcoins sound a lot, if you try to withdraw them try small amounts so you don't trigger the "Withdraw request".

looks like they were lokking for the big one!

[Ibian]

No, that's most likely a troll. Activity: 1. Date registered: July 09, 2014. Troll name. And weird formatting.

[Mayuyu48]

Hello,

       Like a dope I invested 23 Bitcoins into Mydailycoin.com. You can view the transaction on blockchain, wallet 1F4vSMSb5iTvAVoVsXvpDcyKUyuPD6Q1EZ to (Mydailycoin) 1AkDnVQDYmiA6h6khDbf18a3K46nXqNdeH
       on 12May2014. I waited a day and received a good dividend, however I did not do my research and found several forums regarding Mydailycoin.com. So anyway, I tried withdrawing my bitcoins from the wallet
       and instead of an instant withdraw I received "Withdraw request". A few hours later I tried to log in and my password was deleted, the password recovery did not work since it did not recognize my username or
       password. I have sent many messages to the scammer of the site and no surprises he gives me a run around. I have been ejected from Facebooks "Mydailycoin" and I am guessing that the site will go down in
       maybe six months.

       Anyway those 8 bitcoins sound a lot, if you try to withdraw them try small amounts so you don't trigger the "Withdraw request".

so sorry for you, so they wait for bigger "investor" and if they withdraw with big amount, they will halt it and delete their username
they are scammer! you must write scam accusation here : https://bitcointalk.org/index.php?board=83.0
so other people won't invest there anymore

[SloRunner]

i had a bad feeling yesterday, why didn't i withdraw my coins

[Luposian]

i had a bad feeling yesterday, why didn't i withdraw my coins

Wish you'da said something to me yesterday.  I'da not lost 0.250 BTC (pure profit, but... still), plus $25 in BTC for my wife.  I trusted them enough to invest $300 at one point, but pulled out when everyone kept saying "Scam!  You're gonna lose your money!  You're a scammer trying to scam us!"... etc.) and just left pure profit in there... until it was too late.  ARRRRGH!  But at least I hadn't invested the amount I was planning to in a few days.  Woulda been about 0.95 BTC total.  That would have hurt... a LOT!

[n2004al]

No sign of MyDailyCoin. After a lot of publicity and a daily regularity they gone. SCAM, SCAM, SCAM. From MDC only one name: Girard Olivier. If it is a real name....

[SloRunner]

i had a bad feeling yesterday, why didn't i withdraw my coins

Wish you'da said something to me yesterday.  I'da not lost 0.250 BTC (pure profit, but... still), plus $25 in BTC for my wife.  I trusted them enough to invest $300 at one point, but pulled out when everyone kept saying "Scam!  You're gonna lose your money!  You're a scammer trying to scam us!"... etc.) and just left pure profit in there... until it was too late.  ARRRRGH!  But at least I hadn't invested the amount I was planning to in a few days.  Woulda been about 0.95 BTC total.  That would have hurt... a LOT!

i lost my 10$ only, but i worked hard for it -_- so yeah it will be hard way back

[n2004al]

Found the director of MDC. Read this:

https://bitcointalk.org/index.php?topic=550391.msg7786444#msg7786444

[Luposian]

i had a bad feeling yesterday, why didn't i withdraw my coins

If joining BTC Club (private Facebook page, consisting of MDC-scammed individuals), you can prove your loss by having your latest MDC deposit Email available.  You say you lost $10, so the Email should have a BTC amount, equivalent to $10.
 

[SloRunner]

i had a bad feeling yesterday, why didn't i withdraw my coins

If joining BTC Club (private Facebook page, consisting of MDC-scammed individuals), you can prove your loss by having your latest MDC deposit Email available.  You say you lost $10, so the Email should have a BTC amount, equivalent to $10.
 

i am in group...

Check latest post about this (i posted this link: https://blockchain.info/address/19NT7DD8YnQZCz2sHonWJTFWNwKeTJogZM )

[rahul_uk]

I got refunded guys.

What Did i do ...

Send an email to refund.mdc@gmail.com with your email, username, and the amount you invested to get a refund.

[Luposian]

I got refunded guys.

What Did i do ...

Send an email to refund.mdc@gmail.com with your email, username, and the amount you invested to get a refund.

You need to supply your MDC Userbit and deposit address they send the Bitcoin to. I'm still waiting for my BTC to be refunded.