LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE

[MidasAlchemist]

My god,the coin is undervalue now....

Yeah it's getting killed on Bittrex. I'm holding about 2500 and I'm not a happy camper at the moment.  

What will be this coin if situation dont change?

Why ppl sell at this price if it's guaranted ? There is no sense

Yes, why are people selling and missing out on 50% of their profit? There's no sense in that.

http://www.moosehockeyleague.com/wp-content/uploads/2014/05/fucky.jpg

People were selling as low as 17k satoshi, we're backing the price at 33k satoshi. That's pretty much 50% loss.

[1714943232]

1714943232

[1714943232]

1714943232

[mimini0147]

My god,the coin is undervalue now....

Yeah it's getting killed on Bittrex. I'm holding about 2500 and I'm not a happy camper at the moment.  

What will be this coin if situation dont change?

Why ppl sell at this price if it's guaranted ? There is no sense

Yes, why are people selling and missing out on 50% of their profit? There's no sense in that.

People were selling as low as 17k satoshi, we're backing the price at 33k satoshi. That's pretty much 50% loss.

Something wrong 0.0, i know crypto world are unlogic, but i never know it's at this point.....
or meybe there is something behind this

[The_Captain]

My god,the coin is undervalue now....

Yeah it's getting killed on Bittrex. I'm holding about 2500 and I'm not a happy camper at the moment.  

What will be this coin if situation dont change?

Why ppl sell at this price if it's guaranted ? There is no sense

Yes, why are people selling and missing out on 50% of their profit? There's no sense in that.

http://www.moosehockeyleague.com/wp-content/uploads/2014/05/fucky.jpg

People were selling as low as 17k satoshi, we're backing the price at 33k satoshi. That's pretty much 50% loss.

Something wrong 0.0, i know crypto world are unlogic, but i never know it's at this point.....
or meybe there is something behind this

This was posted in the LitecoinDark thread.

About Bittrex. Just as curiosity.
I have noticed the deliberate bot pattern there.

I have checked many other quite new born or emerging cryptocurrencies which main trading exchange is Bittrex (sometimes they have some 2nd on or 3rd one like Cryptsy or Poloniex but the trade colume there is lower).

It appears that Bittrex bots tend to lower prices down to hover around certain BTC prices, ranging between

0.001, 0.0001, 0.00001, 0.000001, 0.0000001 BTC

up to

0.0014, 0.00014, 0.000014, 0.0000014, 0.00000014 BTC etc. (if the price is a bit larger than the decimation of 0.1 then it seems to be, because there is an interest in buying this certain cryptocurrency).


It seems self evident that prices very seldom reach more than these, like for example 0.00015, 0.000017, 0.0000016, 0.00000018 etc.
When this happens, it is becasue of sudden large amount of coin being purchased within short period of time. Then bots bring the price down again.

They use these bots delieberately to have the smallest prices to compete with other exchanges.

http://bitinfocharts.com/markets/

Just some of the examples:

NAUT         0.00012   BTC (Main exchange Bittrex)
MMXIV       0.014       BTC (Main exchange Bittrex)
CANN         0.000012  BTC (Main exchange Bittrex)
ROOT         0.00014    BTC (Main exchange Bittrex)
CLOAK        0.00015    BTC (Price on Bittrex)
XC             0.0014     BTC  (Main exchange Bittrex)
BTM           0.0014     BTC  (Price on Bittrex)
VRC           0.00013    BTC (Main exchange Bittrex)
START       0.00011    BTC (Main exchange Bittrex)
BTCD         0.012       BTC  (Price on Bittrex)
BC            0.00015     BTC (Main exchange Bittrex)
VOOT        0.0000011  BTC (Main exchange Bittrex)
TRUST       0.0000015 BTC  (Main exchange Bittrex)

And many more...

In 80-90% of cases Bittrex offerrs the lowest prices in the market from all major exchanges out there.
I recommend abandoning this exchange and move to other exchanges like Poloniex, BTC-E anbd maybe even Bitter...
That's for the sake of your cryptos. Unless you are a speculant and spend thousands of BTC buying cheap cryptos on Bittrex and selling on another...

Maybe something is up with Bittrex. You guys might consider trying to find another exchange.

[pitbullfan]

Whatever...I'll take those cheap MID whenever I got the BTC to spare.

[mishax1]

So where's the 2% bonus from the pool ?

[ostalakar]

So where's the 2% bonus from the pool ?

Good question 

[mimini0147]

I think there is less than 50 persons know this coin,
Dev do you have any plan for Marketing?

[Hrenovka]

I can not complete my manual payment from pool. It says that the confirmation mail was sent but I don't get any mail on my adress or I get it 12 ours later when token is expired?!? I wrote a support ticket and there is no answer for 3 days now?!? It seems that problem is only with hotmail. On my other "gmail" account there is no problem at all. Devs can you do something?

[Razerglass]

I think there is less than 50 persons know this coin,
Dev do you have any plan for Marketing?

No toppit the nethash is high enough without all of bitcoin trying to mine gold

[Theo75]

Hello,

Has anybody actually used any of the products, i.e. debit cards, gold bars etc?

I think that this will add credibility to the whole project and will boost the value and interest on this coin.

[pitbullfan]

Hello,

Has anybody actually used any of the products, i.e. debit cards, gold bars etc?

I think that this will add credibility to the whole project and will boost the value and interest on this coin.

I was wondering the same thing? I have quite a bit of MID after today's drop, so I may try and use some it to get some gold and will let the community know the results. I mean if they actually honor it at $0.12 USD, you could practially double your money buying MID on trex and then trading it for gold.

Cheers,
Pit

[coke15]

Hi,

Now its more than 7 days after relaunch.. where is the 2% bonus for old miners?

Thanks

and....?

[MidasAlchemist]

I can not complete my manual payment from pool. It says that the confirmation mail was sent but I don't get any mail on my adress or I get it 12 ours later when token is expired?!? I wrote a support ticket and there is no answer for 3 days now?!? It seems that problem is only with hotmail. On my other "gmail" account there is no problem at all. Devs can you do something?

This is a problem we are still looking into solving.

Hi,

Now its more than 7 days after relaunch.. where is the 2% bonus for old miners?

Thanks

and....?

Unfortunately the mining bonus has been delayed further, it's definitely coming in the next few days. Sorry for the wait.

[mishax1]

Hello,

Has anybody actually used any of the products, i.e. debit cards, gold bars etc?

I think that this will add credibility to the whole project and will boost the value and interest on this coin.

I was wondering the same thing? I have quite a bit of MID after today's drop, so I may try and use some it to get some gold and will let the community know the results. I mean if they actually honor it at $0.12 USD, you could practially double your money buying MID on trex and then trading it for gold.

Cheers,
Pit

Thanks that would be great!  Also if you could update about the whole progress and updates, it would be much appreciated.

[teamcryptonator]

Now listing MidasCoin on Cryptonator https://www.cryptonator.com/rates/MID-BTC

[TequilaV]

  It looks that the team do not pay their real attention in this coin

[63296310]

 now have not seen for gold

[chisefu]

My god,the coin is undervalue now....

Yeah it's getting killed on Bittrex. I'm holding about 2500 and I'm not a happy camper at the moment.  

What will be this coin if situation dont change?

Why ppl sell at this price if it's guaranted ? There is no sense

Yes, why are people selling and missing out on 50% of their profit? There's no sense in that.

This is why people with money keep getting more money.  

Either way, if you're bagholding Midas, wtf do you care what the market price on Bittrex is.  The value is going to keep going up, and you'll be able to cash out at the store.  Eventually people will clue in on the exchanges and the price will be +/- 10% of the set value.

[dakine]

I have been following this with interest to see where this coin goes.  Seems like it has gotten to the end of the line now.

Looking on the bittrex trades most of them are trading "dust".  The majority of trades are less than $5.  It looks like someone is trying to "squeeze" all they can out of this as long as they can.

If this was really backed by gold and I say "if" since I don't believe it is we should all be tripping over each other wanting to buy it and just cash out.  Why would anyone in their right mind not want to buy gold at 1/2 price?  That makes no sense, the company itself should be buying all of it up themselves since it is literally FREE money.

If someone told you that they are selling USD or EUROs for 1/2 price who would not buy?

Anyways I am not a crypto expert but got involved in this early on when I got emails from somebody...

[sluppy]

I have been following this with interest to see where this coin goes.  Seems like it has gotten to the end of the line now.

Looking on the bittrex trades most of them are trading "dust".  The majority of trades are less than $5.  It looks like someone is trying to "squeeze" all they can out of this as long as they can.

If this was really backed by gold and I say "if" since I don't believe it is we should all be tripping over each other wanting to buy it and just cash out.  Why would anyone in their right mind not want to buy gold at 1/2 price?  That makes no sense, the company itself should be buying all of it up themselves since it is literally FREE money.

If someone told you that they are selling USD or EUROs for 1/2 price who would not buy?

Anyways I am not a crypto expert but got involved in this early on when I got emails from somebody...

You are 100% correct and If it was really backed by gold midascoin dev would be crazy not to sell his mom to buy it all up(and the buy back his mom with the gold) , since this doesnt seem to be happening ...
I have to Assume the worst and not buy , I could be missing out on a garanteed  dubbelup but i have my doubts.

Also;
Total coins 7.5mln 36 month distribution midaspool doing 50k coins a day so thats 20% in the first month ? blocks are 50 atm so 1000 blocks a day.
the other 35 months will have to be capped below 6 coins per block?
there is something wrong here is it my math or the ann?