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Author Topic: [ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE  (Read 63925 times)
wood7
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August 30, 2014, 03:59:55 PM
 #101

how to mine
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BitcoinFr34k
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August 30, 2014, 04:04:47 PM
 #102

how to mine
now the pool is not available for mining
and wallet also can not be downloaded, everything is available when the countdown is finished
please see the countdown to find the rest of the time required
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August 30, 2014, 04:13:29 PM
 #103

how long if the gold shipment carried from your country to Indonesia
I really wanted the gold  Grin

Hello and thanks for your question.

The shipment of the gold bars come (and is certified) directly from one of the shop or our pawn shop franchise brand partners. The gold is certified directly by the retailer.

Most shipment will come from Rome and Madrid.

To be honest, considering the import procedure and the custom duty, i suggest for people of your country (and generally everyone outside EU and US), is better to redeem MidasCoin using our debit ATM card for not have to deal with custom duty and import tax that should be completed by the customer.

Regards
whether the best option to exchange the debit card and credit card for a country like Indonesia
whether it is your intention.?
MidasCoin (OP)
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August 30, 2014, 04:49:36 PM
 #104

whether the best option to exchange the debit card and credit card for a country like Indonesia
whether it is your intention.?

Both options are available for Indonesia, but we suggest for country Outside EU and US to redeem MidasCoin using our Physical Debit Card or our VCC (virtual credit card, electronic usage only).

Regards 

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August 30, 2014, 05:36:25 PM
 #105

Because a lot of people are asking in private, on #irc, through support ticket, if this will be open source, we assume that the information is not clear enough on the main thread. 

MidasCoin is OPEN SOURCE - Source will be released on launch date among with compiled wallets.

Updated the announce topic for better reflect that part.
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August 30, 2014, 05:57:59 PM
 #106

So according to your terms and conditions "Prizes may be considered a taxable benefit and winners are subject to tax."

Under UK law prizes are not a taxable benefit. So which is it?

Would you also like to share details of your directors? To give us a little more information about yourselves?
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August 30, 2014, 06:33:16 PM
 #107

whether the best option to exchange the debit card and credit card for a country like Indonesia
whether it is your intention.?

Both options are available for Indonesia, but we suggest for country Outside EU and US to redeem MidasCoin using our Physical Debit Card or our VCC (virtual credit card, electronic usage only).

Regards 


ok i understand
anyone want to ask if I could mine the coins with the X11 algorithm
and it looks like you are not working a calculator miners
when I typed 100000 KHS then the result
'' At the current difficulty Hashrate and distribution station, you would earn MID 28800 every 24 hours.
That's 1200 MID every hour. '"
and when I typed in 1000 KHS then the result

'' At the current difficulty Hashrate and distribution station, you would earn MID 28800 every 24 hours.
That's 1200 MID every hour. '"

please fix this soon
discodancer
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August 30, 2014, 07:12:19 PM
 #108

This looks pretty good but then isn't this centralisation in a way where I can mine only on Midas pool, I can exchange only on Midas site?
MidasCoin (OP)
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August 30, 2014, 07:50:40 PM
Last edit: August 30, 2014, 08:04:17 PM by MidasCoin
 #109

So according to your terms and conditions "Prizes may be considered a taxable benefit and winners are subject to tax."

Under UK law prizes are not a taxable benefit. So which is it?

Would you also like to share details of your directors? To give us a little more information about yourselves?

Dear sir,

Maybe you didn't noticed but different country use to have different law, and Midascoin is not just for individual and companies in England and Wales but is for a worldwide audience. Each partecipant should fullfill eventual tax duty applicable in his country when redeeming MidasCoin.  

"Prizes MAY be considered", i think say it all  Cool

For to the second part of your questions, we already started the CoinsSource trustscore verify, and we will publish complete information not only of the directors, but of all the people that contributed, during those months, to the project, for assign to em appropriate credits and mention (like stated in the announce topic)


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August 30, 2014, 07:54:43 PM
 #110

whether the best option to exchange the debit card and credit card for a country like Indonesia
whether it is your intention.?

Both options are available for Indonesia, but we suggest for country Outside EU and US to redeem MidasCoin using our Physical Debit Card or our VCC (virtual credit card, electronic usage only).

Regards  


ok i understand
anyone want to ask if I could mine the coins with the X11 algorithm
and it looks like you are not working a calculator miners
when I typed 100000 KHS then the result
'' At the current difficulty Hashrate and distribution station, you would earn MID 28800 every 24 hours.
That's 1200 MID every hour. '"
and when I typed in 1000 KHS then the result

'' At the current difficulty Hashrate and distribution station, you would earn MID 28800 every 24 hours.
That's 1200 MID every hour. '"

please fix this soon

Hello,

This is actually correct, the calculator is based off the current pool hashrate which is 0. The block time is 2.5 minutes, so that's a maximum of 28800 MidasCoin to be distributed in a single day. You'll see once the pool hash rate begins to climb that the calculator will react differently.

This looks pretty good but then isn't this centralisation in a way where I can mine only on Midas pool, I can exchange only on Midas site?

We provide MidasPay webshop and the Merchant API to extend the possible uses of MidasCoin. MidasPool is the only pool, however MidasPay WebShop will not be the only place to exchange/use MidasCoins. Other merchants will adopt Midas for use providing further places. In addition to this, MidasCoin will be added to an exchange (or multiple exchanges) after the initial launch.

I hope this information is satisfactory.
MidasCoin (OP)
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August 30, 2014, 07:57:35 PM
 #111

ok i understand
anyone want to ask if I could mine the coins with the X11 algorithm
and it looks like you are not working a calculator miners
when I typed 100000 KHS then the result
'' At the current difficulty Hashrate and distribution station, you would earn MID 28800 every 24 hours.
That's 1200 MID every hour. '"
and when I typed in 1000 KHS then the result

'' At the current difficulty Hashrate and distribution station, you would earn MID 28800 every 24 hours.
That's 1200 MID every hour. '"

please fix this soon

Hello,

the mining calculator is perfectly working; The results that you are getting are due to the fact that actually the Midaspool.com hashrate is 0, and for obvious reason reason if you estimate the mining earnings of 1000 or 100000 KHS when the pool hashrate is 0, for the mining calculator in this moment you are going to mine ALL the MidasCoin.   It will become accurate after the launch, with people mining and the pool Hashrate NOT 0.
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August 30, 2014, 08:11:02 PM
 #112

ok i understand
anyone want to ask if I could mine the coins with the X11 algorithm
and it looks like you are not working a calculator miners
when I typed 100000 KHS then the result
'' At the current difficulty Hashrate and distribution station, you would earn MID 28800 every 24 hours.
That's 1200 MID every hour. '"
and when I typed in 1000 KHS then the result

'' At the current difficulty Hashrate and distribution station, you would earn MID 28800 every 24 hours.
That's 1200 MID every hour. '"

please fix this soon

Hello,

the mining calculator is perfectly working; The results that you are getting are due to the fact that actually the Midaspool.com hashrate is 0, and for obvious reason reason if you estimate the mining earnings of 1000 or 100000 KHS when the pool hashrate is 0, for the mining calculator in this moment you are going to mine ALL the MidasCoin.   It will become accurate after the launch, with people mining and the pool Hashrate NOT 0.
ok i understand
thank you for explaining in detail
I was a little confused at first  Wink
MidasCoin (OP)
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August 30, 2014, 09:52:45 PM
Last edit: August 30, 2014, 11:24:58 PM by MidasCoin
 #113

ok i understand
thank you for explaining in detail
I was a little confused at first  Wink

You're welcome.

We are here to assist for everything that is possible to take care over the Forum;  
Rest intended that official support is only through support ticket on our helpdesk http://midaspay.io/helpdesk.

Reply is guaranteed in 8 hours for low priority and in 2 hours for high priority. (during working hours)
nicemycoin
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August 31, 2014, 10:13:33 AM
 #114

Chinese translation coming soon  Grin!
BitcoinFr34k
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August 31, 2014, 11:26:53 AM
 #115

Chinese translation coming soon  Grin!
This will be good news for the people of Chinese
hopefully get a gift from dev  Wink
MidasCoin (OP)
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August 31, 2014, 12:05:55 PM
 #116

Chinese translation coming soon  Grin!
This will be good news for the people of Chinese
hopefully get a gift from dev  Wink

All the translations are rewarded with a bounty; the translator will also benefits from the referrals that join from his translated posts  Cool
nicemycoin
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August 31, 2014, 12:54:54 PM
 #117

Chinese translation: https://bitcointalk.org/index.php?topic=763982.0  , it's a hard work for the translators.  Grin

and then,the 2nd step:QQ group coming soon.  Wink
nicemycoin
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August 31, 2014, 01:36:09 PM
 #118

QQ group for MidasCoin:236050622
coming  join us and discuss!
btcside
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August 31, 2014, 01:41:50 PM
 #119

QQ group for MidasCoin:236050622
coming  join us and discuss!

great ,I will join it,any free coins giveaway>? Huh

www.btcside.com 比特帮
MidasAlchemist
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August 31, 2014, 01:43:19 PM
 #120

Chinese translation: https://bitcointalk.org/index.php?topic=763982.0  , it's a hard work for the translators.  Grin

and then,the 2nd step:QQ group coming soon.  Wink

QQ group for MidasCoin:236050622
coming  join us and discuss!


Hello,

Thank you very much. Your translation will be added to the first post's translations section.

Please submit a support ticket on http://midaspay.io/helpdesk to claim your bounty once we launch.

Regards
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