This is an update to my earlier posts of My Solid Coin and my warning to you.
I have been testing the My Solid Coin bitcoin faucet for the past couple of months and i have discovered that my first impressions were completely wrong. On the surface it looks like a legitimate faucet with a promise of earning bitcoin. The site appears to be a registered company in the UK with dozens of posts on bulletin boards showing successful withdrawal of funds.
In my earlier post i mentioned that i could not withdraw unless i upgraded my account. Which is exactly what i did from the funds i had earned on the faucet. When i again achieved enough to make a withdraw, it once again said i could not unless i upgrade. I have an upgraded account so it should work. I decided to investigate further and after scrolling through hundreds of bulletin board posts i discovered that i was not the only one to have this problem.
The truth was now obvious: My Solid Coin was a indeed a scam. At no time did i invest any Satoshi into the site which is a lucky thing. Unfortunately some people were not so lucky and lost their bitcoin.
I want to apologise for my earlier recommendation. It just shows that we need to be vigilant when examining a new faucet because for everyone one that is real, there is one that is not.
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