[ANN][MID]MidasCoin|New Scrypt PoM|Backed Value|ATM card|Referral|NO IPO|UNIQUE

[btcltcdigger]

I want to know how Midascoin got my email address

I've heard of a pool leaking an email list but I am not a miner and have never joined a pool.

The fact that the devs obviously did some shady shit to get email addresses should throw up RED FLAGS if nothing else...

why do you say that? email lists can be bought for 0.1 BTC

[IceColdTommy]

I want to know how Midascoin got my email address

I've heard of a pool leaking an email list but I am not a miner and have never joined a pool.

The fact that the devs obviously did some shady shit to get email addresses should throw up RED FLAGS if nothing else...

why do you say that? email lists can be bought for 0.1 BTC

But sending to bought emails that never agreed to receive from him is considered spam

[cakir]

My windows wallet doesn't sync, when I create a conf file wallet doesn't start

[KeyserSozeMC]

I want to know how Midascoin got my email address

I've heard of a pool leaking an email list but I am not a miner and have never joined a pool.

The fact that the devs obviously did some shady shit to get email addresses should throw up RED FLAGS if nothing else...

why do you say that? email lists can be bought for 0.1 BTC

But sending to bought emails that never agreed to receive from him is considered spam

Then treat it as spam, lol. Delete it.

[nexter]

My windows wallet doesn't sync, when I create a conf file wallet doesn't start

same here. i deleted the conf file and added nodes through the console

[wtman]

I want to know how Midascoin got my email address

I've heard of a pool leaking an email list but I am not a miner and have never joined a pool.

The fact that the devs obviously did some shady shit to get email addresses should throw up RED FLAGS if nothing else...

why do you say that? email lists can be bought for 0.1 BTC

But sending to bought emails that never agreed to receive from him is considered spam

Come on now. Big deal?

[IceColdTommy]

I want to know how Midascoin got my email address

I've heard of a pool leaking an email list but I am not a miner and have never joined a pool.

The fact that the devs obviously did some shady shit to get email addresses should throw up RED FLAGS if nothing else...

why do you say that? email lists can be bought for 0.1 BTC

But sending to bought emails that never agreed to receive from him is considered spam

Come on now. Big deal?

not a big deal, but dev should say where he got all the emails, its fair

[bitcoinwonders010]

is this coin on a exchange

Hello,

We are proud to not be one of those "Premade coin packages" with guaranteed exchange listing on day 1.

#midascoin is up and rocking, but has been launched only  21 hours ago. 

Exchange will get in contact and list us "naturally" later on.

we are proud you are its refreshing to see a good coin amid all these scams

[MidasCoin]

NEW WALLET AND SOURCE CODE RELEASED

New wallet/daemon available - Mandatory UPDATE to version 80702

https://i.imgur.com/CiCEuVz.png

If you are using the version 80701, you should upgrade your wallet/daemon ASAP

https://github.com/MidasPaymentLTD/midascoin/


DEVELOPMENT STATUS:

Completed:

- Mining profit api patch.

- Block confirmation on Midaspool.

- Source code and wallet update to version 80702

- Enhanced Pool stability.


To Do:

- Expected shares on Midaspool.com dashboard show a value higher then intended.

- Other minor reporting glitch on Midaspool.com

- Restart community support and helpdesk

http://api.midaspay.io/img/eco.png    http://api.midaspay.io/img/profit.png

#Midascoin is the currncy that you can mine for years!

[raveneye]

Torn over to call this a scam.  They haven't actually lied. Yet.  I don't think there is any gold now. If they actually want to get rich and not just go crazy for a couple weeks with Albanian whores and cheap booze in Bulgaria then they'll take all that LiteCoin and convert into gold and follow the plan in the OP.

Unfortunately most altcoin scammers go for the quick buck and vanish, i.e. there will soon be some Albanian whores who can't sit down for a week.

I think their idea is great; if they scam out I hope some other group of devs takes the concept and goes big with it.

It always seems like the best altcoin ideas get posted up to BTC by crooks because real devs are too cautious or lack the imagination to try new stuff.

Well, when this one goes belly up and the credit cards/gold that you ordered don't show up, send the police here:

http://www.who.is/whois/midaspay.io
Owner  : Giuseppe Liberati
Owner  : Midas Payment LTD
Owner  : Fiume Delle Perle N. 19
Owner  : Rome
Owner  : NA
Owner  : IT

[valkir]

At least we know who run this! 

[minairia3]

Torn over to call this a scam.  They haven't actually lied. Yet.  I don't think there is any gold now. If they actually want to get rich and not just go crazy for a couple weeks with Albanian whores and cheap booze in Bulgaria then they'll take all that LiteCoin and convert into gold and follow the plan in the OP.

Unfortunately most altcoin scammers go for the quick buck and vanish, i.e. there will soon be some Albanian whores who can't sit down for a week.

I think their idea is great; if they scam out I hope some other group of devs takes the concept and goes big with it.

It always seems like the best altcoin ideas get posted up to BTC by crooks because real devs are too cautious or lack the imagination to try new stuff.

Well, when this one goes belly up and the credit cards/gold that you ordered don't show up, send the police here:

http://www.who.is/whois/midaspay.io
Owner  : Giuseppe Liberati
Owner  : Midas Payment LTD
Owner  : Fiume Delle Perle N. 19
Owner  : Rome
Owner  : NA
Owner  : IT

They won't go to prison, people will have sent imaginary internet play money and not gotten gold in return.  Altcoins have basically no legal "existence".  They can't be legally stolen, etc.  They do not count as money or a means of transmission in the legal sense. The whole system depends upon mutual trust between coin holders.

[KeyserSozeMC]

The amount of stupidity in the last 8-9 pages is priceless.

[MidasCoin]

Post Launch UPDATE

Midascoin PoM distribution is up and Running:
Average PoM hashrate during the day: 14 Ghash/s
2000 Users registered on Midaspool.com !!!

Completed:

- New PoM parameters implementation
- Scrypt Mining profitability API working correctly
- http://merchant.midaspay.io open for free usage at 0% fee (accept midascoin without hosting a wallet, paypal style)
- Solved block confirmation issue on the pool.
- Source code released (someone said was impossible? remember?) -version 80702
- Windows - Mac - Linux Wallet recompiled with version 80702 (mandatory upgrade if you have version 80701)
- http://midaspool.com  and http://www2.midaspool.com performance optimized.

and least but not last...

- Helpdesk and community support is back

To do:

- Correct expected shares on the pool and other minor reporting
- Finalize the launch and come back the development of services for midascoin (check first post for services in development and ETA).

http://api.midaspay.io/img/eco.png       http://api.midaspay.io/img/profit.png

Thanks to the community for your sustain. #midascoin is climbing the wall!

[mrcashking]

Post Launch UPDATE

Midascoin PoM distribution is up and Running:
Average PoM hashrate during the day: 14 Ghash/s
2000 Users registered on Midaspool.com !!!

Completed:

- New PoM parameters implementation
- Scrypt Mining profitability API working correctly
- http://merchant.midaspay.io open for free usage at 0% fee (accept midascoin without hosting a wallet, paypal style)
- Solved block confirmation issue on the pool.
- Source code released (someone said was impossible? remember?) -version 80702
- Windows - Mac - Linux Wallet recompiled with version 80702 (mandatory upgrade if you have version 80701)
- http://midaspool.com  and http://www2.midaspool.com performance optimized.

and least but not last...

- Helpdesk and community support is back

To do:

- Correct expected shares on the pool and other minor reporting
- Finalize the launch and come back the development of services for midascoin (check first post for services in development and ETA).

     

Thanks to the community for your sustain. #midascoin is climbing the wall!

Great hopefully you guys reply to my ticket as discussed in IRC.

[pineapples]

What happens to the mmined coins from the other chain?

"The Proof of Mining distribution system uses a different approach to securing the MidasCoin blockchain. Instead of “wasting unneeded hash power” for securing the network, which unless under attack can be secured with much less hash power, it uses 95% of the hash power to “secure another” blockchain."

"This increase the reserve fund that grants the backed MidasCoin value, actual and future"

The midascoin value is determined by the total reserve / 7,611,236 (amount of coin to be issued in 36 months)

With the PoM system using unneeded hash power for increase the reserve the fund, the midascoin backed value increase every day (value is recalculated every 10 seconds)

ok. but what happens to them ?
are they held forever, or until they need to be cashed in due to people wanting to sell midas coin ?
can we see what/where these coins are ?

[Jacobit]

waiting for the atm card!

[yoyotu]

Good coin,but hard to mine.

[halicarton]

Good coin,but hard to mine.

I have mined about 10coins since the launch!    I will redeem it into a golden bar ! 

[bogidu]

MAF9VuuJXMJmqSFtxemRwft3X8YT2eqKsG