Author

Topic: [ANN] CoinPot.co - cryptocurrency microwallet (Read 4505 times)

newbie
Activity: 16
Merit: 5
Another update...

We are continuing to deal with a small number of Missing Withdrawal Requests as well requests to withdraw BTC as a replacement for pending Dogecoin withdrawals. Latest withdrawal transactions on the BTC blockchain...

https://blockchair.com/bitcoin/transaction/c8b6021c19282969010ba47191faee8894b5bc07f22f83454611b1a5a81244e4
https://blockchair.com/bitcoin/transaction/9604727b7b4aaa5252aec870a59f5ea5fc3f01392d6561bdd2d05c180e732aa2
https://blockchair.com/bitcoin/transaction/0bc407bf3e3076b64c0972780ffc6d3bb18ad9c72ad30fd956de2b6009319c05

Also of course we are continuing to monitor the Dogecoin exchange rate with the view to processing the last remaining withdrawal requests in the backlog as soon as is financially possible. Once this is stable and we have acquired enough Dogecoin we will complete processing and clear the backlog finally!

So if you believe that you are still missing a withdrawal from the January/February 2021 period, or you wish to take up our offer of receiving BTC instead of waiting for the Dogecoin withdrawal, then please email us at [email protected] with your details. The information that we need from you is detailed in the posts above.

Thanks
CoinPot
newbie
Activity: 16
Merit: 5
Unfortunately, we are still seeing a lot of volatility in the Dogecoin exchange rate, so we are still stuck in the same position as above - and there isn’t much we can update on right now.
 
We would like to repeat that we are fully committed to 100% getting these payments made from the withdrawal backlog. We love Dogecoin as much as you do so we know that most of you will prefer to wait until we can process the remaining withdrawal requests. Please bear with us, we are grateful for your patience.

However, we have also received quite a few messages from people who are keen to get their crypto sooner rather than later and are willing to receive it in Bitcoin instead of Dogecoin. We are willing to accommodate these requests to speed up the process.
If you wish to take up this offer then send us a new email to the same mailbox [email protected] with the following details about your withdrawal request...

- Date (of your original dogecoin withdrawal request)
- Dogecoin Amount (of your original withdrawal request)
- Dogecoin wallet address (of your original withdrawal request)
- Your Bitcoin wallet address (to receive the BTC payment)

Once we receive your email and have confirmed the validity of all the details above then we will process the BTC payment within 48 hours.
We will convert from DOGE to BTC using the exchange rate as listed at https://investing.com/crypto/dogecoin/doge-btc-historical-data for the date of your original Dogecoin withdrawal request.

PLEASE NOTE: This is completely optional. If we do not hear from you about it, then that is perfectly fine, we respect your wish to wait for your Dogecoin. Your Dogecoin withdrawal request will remain in our backlog to be processed as soon as possible.
newbie
Activity: 16
Merit: 5
Update on where we are with Dogecoin...

As you can see from the above posts we still have over 1.3 million dogecoin withdrawals to process. We are fully committed to completing all these withdrawals.
However, we have received a few enquiries about this (even though we asked people to wait) so we wanted to further explain the delays and what are plans are.

On the day that we announced the closure of CoinPot the value of dogecoin was less than $0.01 USD. When the faucets were active we used the price to dynamically determine the faucet payout amounts, ensuring that our advertising income would cover the payouts. At the time of writing this post the value of dogecoin has risen to roughly $0.30 USD - i.e. a 3000% increase. It should be obvious that the advertising income we received comes nowhere near covering this now!
We are desperate to pay everyone and move on, as I am sure you are desperate to receive your withdrawals that are in this backlog. But if we continue making the payments at this current price point we will run out of funds extremely quickly and only a tiny fraction of you would get your crypto. This will benefit no-one except the lucky few who got processed first.

Therefore, we will continue to monitor the situation over the next few weeks and process batches of withdrawals as and when it is financially possible. We WILL get to your withdrawal, hopefully sooner rather than later. We will continue to post updates to this thread whenever we process a batch or if anything changes.

So, we ask you to please remain patient. Sending us emails will not speed things up - in fact it has the opposite effect.

Thanks for your understanding
CoinPot

(ps. we will post another update soon about our investigations into the Missing Withdrawal Requests)
newbie
Activity: 16
Merit: 5
Withdrawal batches paid today...

DOGECOIN
Paid today: 265230.19577173 DOGE
https://blockchair.com/dogecoin/transaction/9e72ab93df5d5d96010ea5b3c04e85a61202bedcfc119699d3bfe27d1b99c21d
Remaining pending withdrawals: 1326589.06841047 DOGE
newbie
Activity: 16
Merit: 5
Another update...

As of today we have received a total of 121 appeal emails. The majority of these are from banned accounts and we have replied appropriately to these (i.e. no payment made and we have explained the reasons).

The remaining 27 appeals are of concern to us, as there is no evidence that the accounts were banned and so the withdrawals should have been processed at the time. We have taken to decision to pay these amounts out now, while we continue our investigations - so most of these people will now happily have their hard earned crypto. And we have emailed you to advise of this also, with our apologies for the delay.

As for why this happened, we currently dont 100% know. Since we announced the closure we have paid hundreds of thousands of withdrawals successfully, amounting to over half a million USD and clearing out our crypto wallets many times over!
The 'missing' withdrawals all seem to be for the late January period. We had some database corruption in early February which is a possible explanation (you might recall that the site was offline while this was fixed). We are continuing to investigate.

In the meantime, please continue to email us if you have a genuine missing withdrawal (as instructed above)

But please…
- Do not send DOGECOIN appeals yet!
- Allow us 48 hours (maximum) to deal with your appeal. It is time consuming working through these appeals, especially as most of them are unfortunately fraudulent and time wasting.

Thanks
CoinPot
newbie
Activity: 16
Merit: 5
Quick update...

Since we posted the message above we have received 37 emails making missing withdrawal appeals.
Of these, 28 have already been replied because they were banned accounts with clear fraudulent activity.
So we want to make it clear that we will not be paying out to these accounts - please don't waste your time emailing us if you are a cheater/bot/scammer.
The other 9 appeals are being looked into right now, and we will get back to you in the next 24 hours.

We are also aware that not everybody using Bitcoin Talk. So please feel free to spread this information around so that anyone else who feels they are missing a withdrawal can get in touch with us Smiley

Thanks again
newbie
Activity: 16
Merit: 5
Hi again

As you can see from the previous posts we have now processed all outstanding BTC/BCH/LTC/DASH withdrawals. Unfortunately we still have quite a few DOGE withdrawals remaining in the backlog, but please rest assured that these will be processed as soon as possible over the coming days. We have mentioned before the reasons for this - but we will of course honor our commitment to pay everyone.

We are also aware that some users are still saying that they havent received their BTC/BCH/LTC/DASH withdrawals. This is very concerning for us as we sincerely want to make sure everyone gets their hard-earned crypto from CoinPot. We have spent some time over the last few weeks cross checking all the withdrawals against the blockchain transactions and we are confident that every withdrawal has been processed correctly. But we are not infallible, and we want to continue to look into this. However, we no longer own the CoinPot domain and of course cannot see any emails sent to our old support email address.

Therefore, we have decided to make the following temporary appeal process available.

MISSING WITHDRAWAL APPEALS

If you are sure that you have not received your BTC/BCH/LTC/DASH withdrawal then please send us an email from your CoinPot registered email address to [email protected] containing the following information...

- Coin - BTC, BCH, LTC or DASH
- Amount (approximate if you cannot remember exactly)
- Wallet address
- Date requested

Our commitment to you is that we will respond to all emails within 48 hours with one of the following responses...
1) If your CoinPot account was banned we will double check the reason for this. We will then advise you of this and give you the reason why it was banned.
2) If your withdrawal was processed successfully, then we will give you a link to the blockchain transaction containing the payment
3) If your withdrawal was not processed then we will ensure that it is paid out to you as soon as possible - and we will again advise you of the blockchain transaction containing it.

Important notes...

- This new email address will only be used for this appeal process. We will ignore any emails that are about any other subject. CoinPot is closed now and we no longer have any resources available to support it as a service - except as detailed above.
- Please give ALL the information that we have requested above. Without this we will not be able to cross reference the withdrawal in our system
- For now, please do not send any enquiry about DOGE withdrawals - as there are still some pending in the backlog. Once this backlog has been cleared then we will deal with any enquiries.
- Do NOT send any large attachments with your email - this mailbox has limited size.
- If you do not see a response email from us within 48 hours, please check your Spam/Junk folder before emailing us again
newbie
Activity: 16
Merit: 5
Withdrawal batches paid today...

BITCOIN CORE
Paid today: 0 BTC
(No Bitcoin Core payment made today)
Remaining pending withdrawals:  0 BTC

DOGECOIN
Paid today: 294459.86692367 DOGE
https://blockchair.com/dogecoin/transaction/e938141ec0c58e02c314734223aada4c2d164ab63b5405158e33a2cf1376315f
Remaining pending withdrawals: 1591869.26418220 DOGE

LITECOIN
Paid today: 0 LTC
(No Litecoin payment made today)
Remaining pending withdrawals: 0 LTC

DASH
Paid today: 0 DASH
(No Dash payment made today)
Remaining pending withdrawals: 0 DASH

BITCOIN CASH
Paid today: 0 BCH
(No Bitcoin Cash payment made today)
Remaining pending withdrawals: 0 BCH
newbie
Activity: 16
Merit: 5
Withdrawal batches paid today...

BITCOIN CORE
Paid today: 0 BTC
(No Bitcoin Core payment made today)
Remaining pending withdrawals:  0 BTC

DOGECOIN
Paid today: 473549.62937978 DOGE
https://blockchair.com/dogecoin/transaction/fa6d4443cdbe8f01a60372a3475239c05149828ef6674b1abee690da34d7a054
Remaining pending withdrawals: 1886329.13110586 DOGE

LITECOIN
Paid today: 25.18462264 LTC
https://blockchair.com/litecoin/transaction/220b095f7de5e95a0176836d816e588b4bcbe0b78fa5d88cc25be70e5de603cf
Remaining pending withdrawals: 0 LTC

DASH
Paid today: 0 DASH
(No Dash payment made today)
Remaining pending withdrawals: 0 DASH

BITCOIN CASH
Paid today: 0 BCH
(No Bitcoin Cash payment made today)
Remaining pending withdrawals: 0 BCH
newbie
Activity: 16
Merit: 5
Withdrawal batches paid today...

BITCOIN CORE
Paid today: 0.67931370 BTC
https://blockchair.com/bitcoin/transaction/b9f7e206185a0b49e5125de87f200e5cb8b086eba667f973d0b2c6e7c56b22e7
Remaining pending withdrawals:  0 BTC

DOGECOIN
Paid today: 121801.24118746 DOGE
https://blockchair.com/dogecoin/transaction/52adc4a2860353c6b6ee808e4d5c47d548c52fc687310d1ec8f69bff81edc1c2
Remaining pending withdrawals: 2359878.76048563 DOGE

LITECOIN
Paid today: 13.51691911 LTC
https://blockchair.com/litecoin/transaction/901e034e919cf16002a4b0df3090c7d596d300bc400c0986e1018aa0c459505a
Remaining pending withdrawals: 25.18462258 LTC

DASH
Paid today: 0 DASH
(No Dash payment made today)
Remaining pending withdrawals: 0 DASH

BITCOIN CASH
Paid today: 0 BCH
(No Bitcoin Cash payment made today)
Remaining pending withdrawals: 0 BCH
newbie
Activity: 16
Merit: 5
Withdrawal batches paid today...

BITCOIN CORE
Paid today: 1.31971443 BTC
https://blockchair.com/bitcoin/transaction/f8f4da8e3a3d30c012c2e382101c2ae24d1121f09258bf19b34f66950e8b7df4
Remaining pending withdrawals:  0.67931367 BTC

DOGECOIN
Paid today: 178518.64564969 DOGE
https://blockchair.com/dogecoin/transaction/9c4222c9964c1dab14a723a425f600ab85531169ffc606e73e43f65b11ef02ee
Remaining pending withdrawals: 2481680.00167308 DOGE

LITECOIN
Paid today: 69.57760589 LTC
https://blockchair.com/litecoin/transaction/77c63d4862f02811ed38a5494ad041d2c591b279702ba306afd98e9a11498655
Remaining pending withdrawals: 38.70154166 LTC

DASH
Paid today: 0 DASH
(No Dash payment made today)
Remaining pending withdrawals: 0 DASH

BITCOIN CASH
Paid today: 0 BCH
(No Bitcoin Cash payment made today)
Remaining pending withdrawals: 0 BCH
newbie
Activity: 16
Merit: 5
Withdrawal batches paid today...

BITCOIN CORE
Paid today: 1.53802054 BTC
https://blockchair.com/bitcoin/transaction/5dd1566b25505c0435f70485605c0ddf85c0b2365b9323b1814ffd5b5ff6b0e7
Remaining pending withdrawals:  1.99902808 BTC

DOGECOIN
Paid today: 0 DOGE
(No Dogecoin payment made today)
Remaining pending withdrawals: 2660198.64732276 DOGE

LITECOIN
Paid today: 38.89107658 LTC
https://blockchair.com/litecoin/transaction/d3497b3351fa372da202d33b056b43c01e5e8abbb1ad8d5a7bab916bd53d786d
Remaining pending withdrawals: 108.27914754 LTC

DASH
Paid today: 15.52703716 DASH
https://blockchair.com/dash/transaction/6976c10ae6fb9cc9db8aa7ee263c5a9a2fafd12b91afae8f2cb56a3c8f64e241
Remaining pending withdrawals: 0 DASH

BITCOIN CASH
Paid today: 0 BCH
(No Bitcoin Cash payment made today)
Remaining pending withdrawals: 0 BCH
newbie
Activity: 16
Merit: 5
Withdrawal batches paid today...

BITCOIN CORE
Paid today: 1.15974034 BTC
https://blockchair.com/bitcoin/transaction/382ec15c73dcd730f744f14ddc632242adc8c5f4f8db6401fc1c7602ccdf7fad
Remaining pending withdrawals: 3.53704862 BTC

DOGECOIN
Paid today: 373497.09065061 DOGE
https://blockchair.com/dogecoin/transaction/a73515c7b6b14c9fb330566080f60daf7c37c49a02d64fb3e18b64b293924496
Remaining pending withdrawals: 2660198.64732276 DOGE

LITECOIN
Paid today: 97.39909319 LTC
https://blockchair.com/litecoin/transaction/3bdc421b98d5f86823006addec3332ae064bfa8f9869f566ecf42fe0febe79f4
Remaining pending withdrawals: 147.17022410 LTC

DASH
Paid today: 74.32779942 DASH
https://blockchair.com/dash/transaction/92c41679631838ae3fb0ff258606d5cc0f25a009ac57b8328fe6ee7ebeff1695
Remaining pending withdrawals: 15.52703711 DASH

BITCOIN CASH
Paid today: 0 BCH
(No Bitcoin Cash payment made today)
Remaining pending withdrawals: 0 BCH
newbie
Activity: 16
Merit: 5
Withdrawal batches paid today...

BITCOIN CORE
Paid today: 1.66660413 BTC
https://blockchair.com/bitcoin/transaction/abb187c291d699c6d8eac98ed705759d1ab0fea55a163d00bddfb21737ec83df
Remaining pending withdrawals: 4.69678896 BTC

DOGECOIN
Paid today: 315020.74920820 DOGE
https://blockchair.com/dogecoin/transaction/c0a7865192ca1853bfc23c9229b6cfebdf42c1ad8408056ec1c4f53908a537e7
Remaining pending withdrawals: 3033695.73797335 DOGE

LITECOIN
Paid today: 41.16658642 LTC
https://blockchair.com/litecoin/transaction/921d195b1a5d668745143c0498019eca648576ac03733057d5586dcece204c3b
Remaining pending withdrawals: 244.56931729 LTC

DASH
Paid today: 64.40614539 DASH
https://blockchair.com/dash/transaction/d563f3cf297307609fa726290317abc5858e35afa348e3fac726ac42df6798bb
Remaining pending withdrawals: 89.85417399 DASH

BITCOIN CASH
Paid today: 20.16640577 BCH
https://blockchair.com/bitcoin-cash/transaction/29dd8023c1ddb6502b10ebea76a7592e8723630a6b04134766970a574f63fa34
Remaining pending withdrawals: 0 BCH
 
newbie
Activity: 16
Merit: 5
Hi everyone

As you are all aware, we closed CoinPot and the faucets completely at the end of February 2021.
As per our previous announcements, at that time all the sites were completely taken off line and we have scrubbed all "personal" data (email addresses, sign in info/2fa, ip addresses, faucet claim logs etc). We no longer own the domains and the servers are all now offline and being decommissioned.

However, we regrettably still have a backlog of pending withdrawals. We are continuing to work through this backlog as quickly as financially possible. One of the biggest problems that we did not anticipate was the massive increase in the value of the coins over the last few weeks/months (in particular Dogecoin, but all the other coins have also increased significantly). This has presented cash-flow challenges for us due to exchange withdrawal limits etc - which has resulted in this frustrating backlog.

In the meantime we have been made aware that there are threads on this forum where users are complaining about still not receiving their withdrawals and suggesting that we are engaging in fraudulent activity. This is very distressing for us to hear as we are fully committed to paying out everyone's final withdrawals as soon as possible.

This particular thread was created as the official announcement (ANN) thread when CoinPot was first opened. However we soon closed the thread following a number of toxic and personally threatening messages received, and moved to full support simply via our helpdesk email. Also for these reasons we will not engage in any discussions on those other threads.

As we no longer run the CoinPot web site, we have decided to re-open this ANN thread to simply give progress updates of the final withdrawals backlog. We will link to each and every blockchain transaction as they are paid over the next few weeks (hopefully!).

We should also make it clear that over the last few weeks of CoinPot's operation, we continued using our fraud system to identify and ban cheaters and scammers. As always, there are literally thousands of accounts that get caught by this system and banned. For better transparency, we will make a further post to try to explain how this system works later. But for now we just need to accept that there will always be a small number of complaints from these scammers about not being paid. We will NOT be bullied into paying out to these accounts - they broke our TOS and attempted to cheat us of large amounts of crypto. We will also not spend any time engaging in discussion with these people.

As of today these are withdrawal backlog numbers...

BITCOIN CORE
Total pending: 6.36339306 btc

DOGECOIN
Total pending: 3348716.48718156 doge

LITECOIN
Total pending: 285.73590367 ltc

DASH
Total pending: 154.26031936 dash

BITCOIN CASH
Total pending: 20.16640577 bch

Thank you for your patience and understanding
CoinPot
newbie
Activity: 16
Merit: 5
CoinPot

This is the basic official announcement thread for our new cryptocurrency microwallet service https://coinpot.co

Initially CoinPot consolidates earnings from the following popular faucets...
  • Moon Bitcoin
  • Moon Dogecoin
  • Moon Litecoin
  • Bonus Bitcoin
  • Bit Fun

IMPORTANT: FAUCET USERS
First things first - if you use any of those faucets and want to carry on operating as before then YOU DO NOT NEED TO DO ANYTHING!!!
In that case for the Moon faucets, you can receive your weekly payments each weekend (if you reach the relevant payout threshold) as you have for the last few years.
For Bonus Bitcoin and Bit Fun - we have automatically created a secure CoinPot account for you and your payments are now collected and combined there. You can sign into CoinPot with you Bonus Bitcoin or Bit Fun email/password and request wallet withdrawal anytime. Alternatively you can set your own separate password - go to https://coinpot.co/reset

However, among our reasons for creating CoinPot is to offer extra features including...
  • Combine earnings from multiple faucets - so you can reach withdrawal threshold quicker
  • Additional withdrawal options - Xapo, FaucetHub and Faucet System initially - as well as direct to your wallet of course
  • Extra security for your funds (optional 2FA)
  • More coming soon - including option to instantly convert between coins

Therefore we offer a service were you can link up your Moon faucet wallet addresses to your CoinPot account so the earnings are consolidated there - and you benefit from the new features listed above!
However for security (of your funds) you will only be able to do this if you can prove that you are the owner of the wallet address. This can be done by either signing a message (bitcoin only for now) or sending a small deposit.

Its important to note that we are not aiming to be a "microwallet" in the same space as existing servcies such as Xapo, FaucetHub and Faucet System (and previously epay, FaucetBox and Microwallet).
We are NOT in competition with them - CoinPot sits at a level above them and we will offer them as withdrawal options (as mentioned above).
CoinPot is really just a consolidation service for the aforementioned faucets initially, therefore...

IMPORTANT: FAUCET OWNERS
We are not open to new faucets using CoinPot for payouts. Please continue using great existing microwallet services such Xapo, FaucetHub and Faucet System.

PARANOID AND OVERLY-DEFENSIVE DISCLAIMER
This is an official SELF-MODERATED ANNOUNCEMENT thread. Its purpose is for service announcements and we are also happy for general constructive discussion about CoinPot.
This thread is NOT for support requests - please email us at [email protected] for that. It is also NOT for trolling, abuse or basically anything that we don't like! Any posts that fall into these categories is likely to be "moderated" (i.e removed). Don't like that? Sorry, but not sorry - that's how forums work. If you are a scammer that we have caught out or a troll or just generally a bitter, malicious person then please feel free to start your own thread where you can rip us to pieces Smiley


Thread locked - seriously, did nobody read the paragraph above! Support is always available at [email protected]

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