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Author Topic: [ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE  (Read 63925 times)
MidasCoin (OP)
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September 07, 2014, 01:31:41 PM
 #301

I just received an email about this launch on the email address I created especially and only user to register to cryptorush last year.
Are you from cryptorush team or do you use an address book stolen from their database?
In any case, it doesn't give me any trust in your coin.

We are not associated with any exchange and we never will, here you can find our company information.
http://midaspay.io/the-company/

The data has been collected through our websites, and through additional cryptocurrency related services that we managed directly (like faucets, etc) or managed indirectly (buyng mailing option from third party services list).

The personal data collected are managed  accordingly to our privacy policy:
http://midaspay.io/privacy-policy/

If you think that a third party services authorized us to email you without your informed consensus, you can unsubscribe with 1 click from the newsletter, following the link on the email and accordingly to our privacy policy, any data will be removed instantly.

As i already stated, on the next weekly newsletter, every subscriber will receive a promotional MidasCoin voucher, for test our brand new promotional service for merchants, this is a voucher example:

http://cryptotrends.info/CryptoMux/voucher/?secret=dec2dcff872a80aa5b5f7932b0f0d19ab1374116

Stay tuned, stay subscribed!
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September 07, 2014, 01:32:40 PM
 #302

Hello, also want to use USD in the UK? The pound benchmark currency cannot do?
12coins
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September 07, 2014, 01:36:39 PM
 #303

Link directly MidasCoin Pool   http://www.midaspool.com/ref/25
(use my ref,get additional at least 1% mining rewards,PM me when you start mining.)
I am the promotor of Chinese team also the only admin of the QQ group of the MidasCoin.you can trust me.
Chinese: https://bitcointalk.org/index.php?topic=763982.0    I made the Chinese translation too.

thank for your refer   Grin it's  nice to receive more coins of course.
how to mine this coin? just asic?does HD card more inefficiency?
1%+ extra coins refer?  I will use your guy's refer,pm you my account later.
rigdeer
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September 07, 2014, 01:48:09 PM
 #304

dev,I can't find a asic miner in the pool.how can I mine it with my asic rig. Huh
MidasCoin (OP)
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September 07, 2014, 01:54:34 PM
 #305

dev,I can't find a asic miner in the pool.how can I mine it with my asic rig. Huh

The PoM distribution doesn't need a customized miner, you can use whatever software you are already using with your asic for mine other scrypt currency.

Only thing to pay attention is that due to a bug on cgminer 3.7.2 you SHOULD NOT use that software, like written everywhere on the pool.
Some asic software are based on cgminer 3.7.2 and need to be changed but.  Paid attention to that, is like mining regular scrypt, so your actual software will do the job

Regards
sirsmokesalot
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September 07, 2014, 01:56:19 PM
 #306

Thank you for your answers and congratulations on your team.

I don't have any ASIC equipment. I do have around 3Mh/s rig, but I'm guessing that 5 minutes after launch, my hashrate will be insignificant and not profitable to mine. So I'm wondering how's that being more available to everyone.  Undecided

You may find hard to tell, but Im kind of anti-ASIC type of person  Grin

In your opinion, what's good about ASIC's and is a good idea allow them in the cryptocurrencies? I mean, I'm loving the concept of Midas, but still, I found ASIC's just evil. Tongue



Omfg really? It isn't LESS available to people because of the scrypt algo. What you really mean to say is:

"I am upset because i have a big rig that i spent a lot of money on that was made useless for scrypt mining by the introduction of scrypt asics and it isn't any fair that people get more coins than me."

You can either keep up with technology or you should just start saying "back in my day"

How are asics any more or less evil than some guy who had a 3mh/s rig. That rig was the equivalent of asics if you built it at the right time, which makes my statement about what you REALLY mean all the more true.

If you can't tell, i am really an anti-anti-asic type of person Smiley

We can't grow when we won't criticize ourselves!
-->>>Unobtanium - The crypto you keep!<<<--
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September 07, 2014, 01:58:59 PM
 #307

will watch this.
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September 07, 2014, 02:08:17 PM
 #308


@MidasCoin

Are you ready to launch in 8 hours ?
MidasCoin (OP)
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September 07, 2014, 02:10:44 PM
 #309


@MidasCoin

Are you ready to launch in 8 hours ?

We are ready to fight Smiley


i take the occasion for announce that backup pool is up, just in case someone decide to ddos the frontend.

http://www2.midaspool.com
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September 07, 2014, 02:14:29 PM
 #310

Hello, also want to use USD in the UK? The pound benchmark currency cannot do?
Backed by Gold and the government is not involved? Huh This coin is full of shit!!!
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September 07, 2014, 02:27:47 PM
 #311

MidasCoin should be a PURE pos COIN.POW is not a good choice , I means 51% attack .
agree, the community will get more coins for the giveaway.

hope to provide Chinese extension service for you,
I can help you creating a QQ group Like other successful alt coin.what do you think?
BTW:I can make a Chinese translation too.

Link directly MidasPool.com.http://www.midaspool.com/ref/25    (use my ref,get extra coins,contact me when you start to mine.)
If your need more information, link to MidasCoin.io site. http://www.midascoin.io/ref/25

POS is bad idea, there is most innovation growing on the POW network for script. Script asics are cheaper than Sha-256 now, and lot of network hash growing on this network.

POS is okay, just POW give much more fair distribution. With POS mining what's to stop someone from setting up 100 virtual machines and staking on few computers for mining? It's flawed for mining, but if it's pure interest then it's good model, but not for mining, horrible idea.
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September 07, 2014, 02:34:24 PM
 #312

Thank you for your answers and congratulations on your team.

I don't have any ASIC equipment. I do have around 3Mh/s rig, but I'm guessing that 5 minutes after launch, my hashrate will be insignificant and not profitable to mine. So I'm wondering how's that being more available to everyone.  Undecided

You may find hard to tell, but Im kind of anti-ASIC type of person  Grin

In your opinion, what's good about ASIC's and is a good idea allow them in the cryptocurrencies? I mean, I'm loving the concept of Midas, but still, I found ASIC's just evil. Tongue



Omfg really? It isn't LESS available to people because of the scrypt algo. What you really mean to say is:

"I am upset because i have a big rig that i spent a lot of money on that was made useless for scrypt mining by the introduction of scrypt asics and it isn't any fair that people get more coins than me."

You can either keep up with technology or you should just start saying "back in my day"

How are asics any more or less evil than some guy who had a 3mh/s rig. That rig was the equivalent of asics if you built it at the right time, which makes my statement about what you REALLY mean all the more true.

If you can't tell, i am really an anti-anti-asic type of person Smiley

What you really mean to say is:
I don't give a shit for decentralization of power and control (or didn't even bother reading about it). I'm in cryptocurrencies not for its initial philosophy. I'm here for profit. Just like banks.

Well, I'm not, I prefer lose all my investments trying to help the people that wants do something good with crypto's rather then then making fast money or chasing profit. I don't need money that much.

You  may think whatever you want. I bought my 4 gpu rig 6 months ago. Could easily bought an ASIC.

I have made my research about asic. Depending why you are here, maybe you should too.

ASICs tend to centralize the mining efforts into small, well-funded groups. These groups have a different set of interest then the rest of us. If well-funded ASIC mines dominate the mining landscape, they will take on the role of central banks and leave us exactly where we started. We will be held hostage and forced to pay higher and higher transaction fees.

The dynamics of ASICs concentrate the power in the hands of ASIC manufacturers in particular. The only sensible business model is:

-Take your money in pre-orders;

-Mine with their inventory until the difficulty renders the chips nearly useless;

-Send them to you, letting you mine a little before they become obsolete.

Anything else is a business suicide. Why sell a $200 miner when you can pull $2000 out of it mining first? Just do both.

As any parasite, the smart businesses don't want to kill the host, so you will get to do some mining after waiting 6 months. Just not very much, and before long you will be trying to sell your gear on EBay while you are waiting for the next generation ASICs.

Note: I'm not looking for conflicts. This is my (and other) view about asic. Also, its not an attack to this coin, which I believe as some great futures. Something rare nowadays.


Got my account back! It was hacked. Sorry about it :|
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September 07, 2014, 02:34:30 PM
 #313

I recieved a mail about this launch on a mailadress (which forwards to my mail) I used for registering on cryptorush. I wonder how you got these mailadresses.......dogy as f%ck
mishax1
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September 07, 2014, 02:35:01 PM
 #314

I just found out that you started your company ONE day before you started this thread and your company's location is registered at companiesmadesimple.com which is known for fake office space..

Could you comment on that ?





MidasCoin (OP)
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September 07, 2014, 02:41:32 PM
 #315


I just found out that you started your company ONE day before you started this thread and your company's location is registered at companiesmadesimple.com witch is known for fake office space..

Could you comment on that ?


So you are saying that we have been able to develop a currency with custom functions, a new distribution system, the hosting structure, the merchant platform, the economic api, the financial platform, the integration with the debit card system, the social and support structure, and the various the stress testing ALL in 1 day?   We should be dramatically good!  Cool




As stated EVERYWHERE the development started 6+ months ago, and has been financed through private venture capital, no community funds, no premine, no ipo, no ico.

The company behind the startup has been incorporate not before, neither later, then when it was the exact moment to incorporate it.

Thanks for your attention.
coinzcoinzcoinz
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September 07, 2014, 02:42:33 PM
 #316

I recieved a mail about this launch on a mailadress (which forwards to my mail) I used for registering on cryptorush. I wonder how you got these mailadresses.......dogy as f%ck
+1 i got this email too. This is some dodgy shit.
MidasCoin (OP)
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September 07, 2014, 02:46:48 PM
 #317

I recieved a mail about this launch on a mailadress (which forwards to my mail) I used for registering on cryptorush. I wonder how you got these mailadresses.......dogy as f%ck
+1 i got this email too. This is some dodgy shit.

Hello and thanks for your attention.

This matter has already been addressed multiple times.

https://bitcointalk.org/index.php?topic=760755.msg8711852#msg8711852

The personal data collected are managed  accordingly to our privacy policy:
http://midaspay.io/privacy-policy/

If you think that a third party services authorized us to email you without your informed consensus, you can unsubscribe with 1 click from the newsletter, following the link on the email and accordingly to our privacy policy, any data will be removed instantly.

Anyway, we invite you to stay; on the next weekly newsletter, every subscriber will receive a promotional MidasCoin voucher, for test our brand new promotional service for merchants, this is a voucher example:

http://cryptotrends.info/CryptoMux/voucher/?secret=dec2dcff872a80aa5b5f7932b0f0d19ab1374116

Stay tuned, stay subscribed!
minairia3
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September 07, 2014, 02:53:34 PM
 #318


I just found out that you started your company ONE day before you started this thread and your company's location is registered at companiesmadesimple.com witch is known for fake office space..

Could you comment on that ?


So you are saying that we have been able to develop a currency with custom functions, a new distribution system, the hosting structure, the merchant platform, the economic api, the financial platform, the integration with the debit card system, the social and support structure, and the various the stress testing ALL in 1 day?   We should be dramatically good!  Cool




As stated EVERYWHERE the development started 6+ months ago, and has been financed through private venture capital, no community funds, no premine, no ipo, no ico.

The company behind the startup has been incorporate not before, neither later, then when it was the exact moment to incorporate it.

Thanks for your attention.

You guys must have something good here; the trolls are awake early:




BIG WINNER!
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barryzand
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September 07, 2014, 02:55:28 PM
 #319

dude fuck off spamming me with emails about this piece of crack ho coin

thnx  Kiss
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September 07, 2014, 02:58:50 PM
 #320

any point mining this with gpu?
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