Search content
Sort by

Showing 20 of 248 results by MidasCoin
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 25/09/2014, 12:07:10 UTC
Hello Gysca.

We are hearing all the community feedback, about what the community expect about the proof of assets.

Our options for provide this kind of "proof" are actually the following:

1- Proceed with a notarized appraisal of the reserve.

2- Take agreement with our partner for setup a physical point of swap, where anyone can walk the shop door with midascoin, and left the shop with gold (and maybe vice-versa in a future).

Stay tuned for news at the beginning of next week.

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 24/09/2014, 22:19:24 UTC
you should not remove security, but your mail server is a bit slow, maybe you can fix that, i received confirmation mail for chenging detail 10-15 minutes after asked

Hey Tommy,

We use the transactional email service Mandrill, that ensure high and fast delivery rate.  (yes, we pay for every email sent)

I don't think we can do more on that matter Smiley

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 24/09/2014, 15:59:58 UTC
can u change the security.inc of the official pool...it sucks everytime unlock the options and than confirm with email

set security.inc to false pls Smiley

Hello,

We can't do that.

Unfortunately we get every second login attempts from automated sources.

We assume someone is trying a big list of user/password combination from other pools.

Changing those settings will most likely lead to some account of being compromised and a loss of funds, something that we cannot simply accept.

We know that the security procedure may be boring, but are a benefit for all the community.

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 23/09/2014, 21:59:44 UTC
Pending support ticket bounty has been Paid, check your email (or support ticket) for the midascoin voucher!

In case we missed anyone, simply open a support ticket at http://midaspay.io/helpdesk or update your existing ticket.

Regards


Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 23/09/2014, 17:36:09 UTC
King of the Pool Contest is live.  Congratulations to the first King Stoner19, who will hold the crown for the next  24 Hours!

All the rules and stats will be updated in the pool homepage soon.  Meanwhile, that a look that the faq on the first post.
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 23/09/2014, 12:20:13 UTC
how many coins now mining ?

Block reward is 50 coins each block for the first 30 days, that mean 28800 coins/day.

It drop every month based on the following reduction scheme.

After 36 months, the supply go fixed at 2 coins/block without cap.

http://midascoin.io/full-block-reward

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 22/09/2014, 21:34:58 UTC
I sent my coin from the pool to the wallet, trying to send to exchange from wallet I get an error "insufficient funds" when trying to send the balance.  I only have a few coins and they show 13 confirmations, why am I getting this error trying to send my coins?

Hello,

Our network apply a 1% transaction tax as revenue model for the Midas Payment LTD.
This is stated also in the first post.

This mean that if you have (example) 100 coins, and you try to send 100, it will say insufficient funds.
You have to send as max 100-(1%).

We will update our wallet for do this adjustment automatically.

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 22/09/2014, 16:19:48 UTC
Is there plans for just trex or other exchanges too?

We don't have plan for anyone, is a free market Smiley



Promotional voucher funds available for withdraw.


All the pending bounty will be accounted and paid out in the next 24 hours.!

Stay tuned!
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 22/09/2014, 14:23:31 UTC
Thanks! Any update about the proof of commodity?

Hello,

We will proceed to an appraisal as soon as possible.

Expect more details  (a lot of details) on next days.

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 22/09/2014, 13:25:36 UTC

Hello,

We just noticed too that midascoin is live on bittrex.

We will proceed with verify that exchange and see if meet requirements for being added as "Approved".

I think that the only thing missing to boost MidasCoin is the proof of commodity and actual reviews of people using the credit cards. E.g. the fact that the virtual card is not readily available is a big minus in my opinion. Should these 2 issues be addressed, I think that MidasCoin will be the talk of the day!

We had a delay in stocking the VCC.  We have actually a 997 debit cards stock and only 50 vcc, we are waiting for another 950 before making the product available.   It should be max in 24-48 hours

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 21/09/2014, 21:58:01 UTC
Why isnt the coin on any real exchange yet?

Hello,

We think that people are too addicted to the "premade coin template", that pay for be on exchange on day1, cause they need to dump something.

We are not that kind of cryptocurrency, exchange will list us when they want; if they want to be mentioned as approved in our announce thread, we require some audit about their security procedure.

This said, we are already in contact with several exchanges, so expect news on the next days.
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 21/09/2014, 21:22:35 UTC

The pool is taking 1% transaction fee ??  Angry  

Where exactly was it stated the the pool is taking 1% transaction fee ??  


The pool is NOT taking any fee.

The 1% on withdraw is the midascoin transaction tax, that apply on each transaction, and is our only revenue model, as stated on the first post.


Regards!


Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 21/09/2014, 21:17:04 UTC
When will this coin listed on exchange?
1 week? 2 weeks?

Hello,

We think that people are too addicted to the "premade coin template", that pay for be on exchange on day1, cause they need to dump something.

We are not that kind of cryptocurrency, exchange will list us when they want; if they want to be mentioned as approved in our announce thread, we require some audit about their security procedure.

This said, we are already in contact with several exchanges, so expect news on the next days.

hi

my bad  for the point 2  Cry

but for the first ,2days and nothing?

i'm glad to see dev is/are here  Grin

Patience my friend, you have my word that in 12-18 hours there will be funds on the voucher platform; We already collected some network taxes, and we will move the funds to the voucher platform soon.

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 21/09/2014, 19:50:16 UTC
Hello,

Midascoin has 0 premine and collect revenue over time with transaction taxes. Your voucher is VALID, try to redeem again in 24 hours, there should be funds available. (If midascoin is not yet launched, redeem your voucher 24-48 after the reopening)"

I think that part of the error message say it all, try again in 24 hours and there will be funds available.
We collect funds only through network taxes. No premine


-Old miners (from account 1 to 2100) get 2% bonus earnings for 7 days (after reopening)
no 2%  bonus on pool ! user 1956

Let me quote part of the FAQ:

Q- I’m an old miner and I was registered in the pool before the “patch”, and I qualify for the 2% mining bonus for 7 days after reopening, do I need to do anything to claim this?

A- Not at all. At the seven day mark after the reopening, you will get automatically credited with a bonus amount, based on 2% of your mining earnings during those 7 days.


As you can see, all the answers that you look for, are already there  Cool

Regards
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 21/09/2014, 19:21:36 UTC
yes, the same. They just made a 2nd pool incase the 1st was DDoSed.


Thanks Stoner, we should hire you as customer support Wink

Anyway, hold on, the "King of the pool" system should be live in some hours  Cool
Post
Topic
Board Announcements (Altcoins)
Re: LIVE|MidasCoin|Backed|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 21/09/2014, 15:25:46 UTC
#Midascoin mining x3 then average scrypt mining profitability right now!!

Enjoy while it last!

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

Post
Topic
Board Announcements (Altcoins)
Re: RELAUNCH in 1 HR!|MidasCoin|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 20/09/2014, 22:41:30 UTC

We will publish an automated escrow service soon, for make safe trading of user to user midascoin, waiting for third party exchange listings.

Stay tuned.
Post
Topic
Board Announcements (Altcoins)
Re: RELAUNCH in 1 HR!|MidasCoin|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 20/09/2014, 22:37:17 UTC
King of the pool contest draft


Draft Magic numbers:
Imjim 1-5
SamuelIN 5-7
Stoner19 8
tkari 9
jimlite 10-11
Razerglass 12

http://screencast.com/t/RsFbHuIp40

Stoner19

(That complained like a pro before the draft, for having just 1 share, congrats for the bitching skills  Cool )


Heil to the King, the King of the pool!
Post
Topic
Board Announcements (Altcoins)
Re: RELAUNCH in 1 HR!|MidasCoin|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 20/09/2014, 21:22:29 UTC
The FAQ doesn't state that its "after" 7 days.. I thought its every confirmed block earnings... anyways.. thanks thanks!

that's not correct, let me quote the faq.

Q- I’m an old miner and I was registered in the pool before the “patch”, and I qualify for the 2% mining bonus for 7 days after reopening, do I need to do anything to claim this?

A- Not at all. At the seven day mark after the reopening, you will get automatically credited with a bonus amount, based on 2% of your mining earnings during those 7 days.


Regards
Post
Topic
Board Announcements (Altcoins)
Re: RELAUNCH in 1 HR!|MidasCoin|New Scrypt PoM|ATM card|Referral|NO IPO|UNIQUE
by
MidasCoin
on 20/09/2014, 12:29:35 UTC
By the way how do we know if we get 2% bonus earnings ..? where does it show that our earnings have bonus? Thanks

Hello.

Take a look at the faq.  You don't have to do anything, after 7 days 2% bonus will be accounted.

Regards!