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Topic: [ANN][GEMZ] GetGems - Social Messaging App That Pays - Live on Android, iOS, Web - page 190. (Read 597190 times)

hero member
Activity: 868
Merit: 1000
Still waiting for my withdrawal from Koinify, it's been more that 24 hours now...and yes I replied "YES" to email, even though it did not say to in the confirmation email... I hope we get some answers. I messaged Tom too and there has been no response yet... Anyone else having issues withdrawing from Koinify to Polo?

All withdrawals are processed, there defiantly was no 24 hour delay in approving and processing (at the time or writing, we haven't even had withdrawals open for 24 hours), we have a team around the clock 24/7 monitoring these. I'd suggest checking you sent it to the correct address, but there are no hanging or pending withdraws that ever sat in queue for anywhere close to 24 hours.

I sent to Polo yesterday, it took 3.5 hours to hit my account. Its Poloniex, I have chats from the customer support team saying the "GEMZ network is very slow today"... whatever that means. Regardless, I had a similar experience with Poloniex yesterday.

As for anybody else, you're being approved and processed when we see your 'YES' email.

Is there a time limit how long gemz can stay at koinify or doesn't it matter?
sr. member
Activity: 364
Merit: 250
Still waiting for my withdrawal from Koinify, it's been more that 24 hours now...and yes I replied "YES" to email, even though it did not say to in the confirmation email... I hope we get some answers. I messaged Tom too and there has been no response yet... Anyone else having issues withdrawing from Koinify to Polo?

All withdrawals are processed, there defiantly was no 24 hour delay in approving and processing (at the time or writing, we haven't even had withdrawals open for 24 hours), we have a team around the clock 24/7 monitoring these. I'd suggest checking you sent it to the correct address, but there are no hanging or pending withdraws that ever sat in queue for anywhere close to 24 hours.

I sent to Polo yesterday, it took 3.5 hours to hit my account. Its Poloniex, I have chats from the customer support team saying the "GEMZ network is very slow today"... whatever that means. Regardless, I had a similar experience with Poloniex yesterday.

As for anybody else, you're being approved and processed when we see your 'YES' email.
newbie
Activity: 42
Merit: 0
Still waiting for my withdrawal from Koinify, it's been more that 24 hours now...and yes I replied "YES" to email, even though it did not say to in the confirmation email... I hope we get some answers. I messaged Tom too and there has been no response yet... Anyone else having issues withdrawing from Koinify to Polo?


Me too.
We need to wait for the man to wake up, and make his "manual confirmations", etc...
full member
Activity: 130
Merit: 100
Still waiting for my withdrawal from Koinify, it's been more that 24 hours now...and yes I replied "YES" to email, even though it did not say to in the confirmation email... I hope we get some answers. I messaged Tom too and there has been no response yet... Anyone else having issues withdrawing from Koinify to Polo?
legendary
Activity: 1162
Merit: 1000
Allergic to false promises
legendary
Activity: 2044
Merit: 1008
Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?

Right now no. The only way to send GEMZ within the app is "on-chain" counterparty transaction which requires btc fee.

In the future GEMZ will be settled offline to allow for speed, security and zero transaction fees. GEMZ will able to be withdrawn to any external counterparty wallet at anytime.


So, you are going to take the GEMZ in the Gems wallet off block chain and store it in a centralized server? How is that more secure? Sure, cheaper and faster yes.

The plan was actually to "bring Bitcoin to the mass".. gemz is just a reward for people who use the app so it doesn't matter if the end up on a centralized server..

The problem is that fresh users won't be able to send gems nor bitcoin since they have no btc to cover the fee (or any btc to send btc that is) and that is a big step backwards for the plan.

I'm not saying it's a bad way to go. As you say, that's the way most tip bots work.

I'm just saying, it's not "more secure", it centralizes the GEMZ on the Gems server in a db somewhere (or cluster) whatever, which is much less secure (hardware wise and trust wise) than the bitcoin blockchain.

At the end its not the blockchain who secures your bitcoin for you, its security depends more on the user.
hero member
Activity: 714
Merit: 503
wow, it is nice that investor are alredy in profit

first investor are in a x2 profit hehe Grin
legendary
Activity: 1736
Merit: 1001
Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?

Right now no. The only way to send GEMZ within the app is "on-chain" counterparty transaction which requires btc fee.

In the future GEMZ will be settled offline to allow for speed, security and zero transaction fees. GEMZ will able to be withdrawn to any external counterparty wallet at anytime.


So, you are going to take the GEMZ in the Gems wallet off block chain and store it in a centralized server? How is that more secure? Sure, cheaper and faster yes.

The plan was actually to "bring Bitcoin to the mass".. gemz is just a reward for people who use the app so it doesn't matter if the end up on a centralized server..

The problem is that fresh users won't be able to send gems nor bitcoin since they have no btc to cover the fee (or any btc to send btc that is) and that is a big step backwards for the plan.

I'm not saying it's a bad way to go. As you say, that's the way most tip bots work.

I'm just saying, it's not "more secure", it centralizes the GEMZ on the Gems server in a db somewhere (or cluster) whatever, which is much less secure (hardware wise and trust wise) than the bitcoin blockchain.
legendary
Activity: 2898
Merit: 1017
Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?

Right now no. The only way to send GEMZ within the app is "on-chain" counterparty transaction which requires btc fee.

In the future GEMZ will be settled offline to allow for speed, security and zero transaction fees. GEMZ will able to be withdrawn to any external counterparty wallet at anytime.


So, you are going to take the GEMZ in the Gems wallet off block chain and store it in a centralized server? How is that more secure? Sure, cheaper and faster yes.

The plan was actually to bring Bitcoin to the mass.. gemz is just a reward for people who use the app so it doesn't matter if the end up on a centralized server..

The problem is that fresh users won't be able to send gems nor bitcoin since they have no btc to cover the fee (or any btc to send btc that is)..

Its a hybrid solution, very similar to what ChangeTip/Coinbase are doing.
At any time you will be able to make a counterparty transaction to move your GEMZ on-chain or off-chain.
The hybrid solution is good for the "Airdrop" and for new users while not taking from the security of users that want to have their GEMZ only on-chain.

The sooner the better.

Another question: any private keys / pass phrase are stored on the phone ? are the encrypted ?
legendary
Activity: 882
Merit: 1002
Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?

Right now no. The only way to send GEMZ within the app is "on-chain" counterparty transaction which requires btc fee.

In the future GEMZ will be settled offline to allow for speed, security and zero transaction fees. GEMZ will able to be withdrawn to any external counterparty wallet at anytime.


So, you are going to take the GEMZ in the Gems wallet off block chain and store it in a centralized server? How is that more secure? Sure, cheaper and faster yes.

The plan was actually to bring Bitcoin to the mass.. gemz is just a reward for people who use the app so it doesn't matter if the end up on a centralized server..

The problem is that fresh users won't be able to send gems nor bitcoin since they have no btc to cover the fee (or any btc to send btc that is)..

Its a hybrid solution, very similar to what ChangeTip/Coinbase are doing.
At any time you will be able to make a counterparty transaction to move your GEMZ on-chain or off-chain.
The hybrid solution is good for the "Airdrop" and for new users while not taking from the security of users that want to have their GEMZ only on-chain.
legendary
Activity: 2898
Merit: 1017
Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?

Right now no. The only way to send GEMZ within the app is "on-chain" counterparty transaction which requires btc fee.

In the future GEMZ will be settled offline to allow for speed, security and zero transaction fees. GEMZ will able to be withdrawn to any external counterparty wallet at anytime.


So, you are going to take the GEMZ in the Gems wallet off block chain and store it in a centralized server? How is that more secure? Sure, cheaper and faster yes.

The plan was actually to "bring Bitcoin to the mass".. gemz is just a reward for people who use the app so it doesn't matter if the end up on a centralized server..

The problem is that fresh users won't be able to send gems nor bitcoin since they have no btc to cover the fee (or any btc to send btc that is) and that is a big step backwards for the plan.
legendary
Activity: 1736
Merit: 1001
You guys are pretty brave putting your couterwallet password into your GEMs wallet. I know I wouldn't do that. Just my 2 GEMZ.


It looks like gems wallet works like counterwallet.io, so the password is not leaving the device, should be pretty safe if you keep your phone encrypted and protected with password.



Sure, if you trust the gems wallet. At least with the counter party wallet I can audit the code and use traffic monitors to see what is sent to the server. I have no way to do that with the app. Perhaps once a third party audits the code I would feel a bit better. The problem still with a mobile app is I have no way to know the code in the repository is what was actually used to build the app submitted to the app store.

I'm just saying, be cautious. There is nothing wrong with having multiple wallets. Also, if you have a rooted phone you have to be extra careful.
newbie
Activity: 42
Merit: 0
You guys are pretty brave putting your couterwallet password into your GEMs wallet. I know I wouldn't do that. Just my 2 GEMZ.


It looks like gems wallet works like counterwallet.io, so the password is not leaving the device, should be pretty safe if you keep your phone encrypted and protected with password.

legendary
Activity: 1736
Merit: 1001
Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?

Right now no. The only way to send GEMZ within the app is "on-chain" counterparty transaction which requires btc fee.

In the future GEMZ will be settled offline to allow for speed, security and zero transaction fees. GEMZ will able to be withdrawn to any external counterparty wallet at anytime.


So, you are going to take the GEMZ in the Gems wallet off block chain and store it in a centralized server? How is that more secure? Sure, cheaper and faster yes.
legendary
Activity: 882
Merit: 1002
Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?

Right now no. The only way to send GEMZ within the app is "on-chain" counterparty transaction which requires btc fee.

In the future GEMZ will be settled offline to allow for speed, security and zero transaction fees. GEMZ will able to be withdrawn to any external counterparty wallet at anytime.
legendary
Activity: 1736
Merit: 1001
You guys are pretty brave putting your couterwallet password into your GEMs wallet. I know I wouldn't do that. Just my 2 GEMZ.
full member
Activity: 236
Merit: 100

Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?
No Sad That's why I'm trying to get some, I spend all by my btc in GEMZ, I should have saved some, I was not aware that you need BTC to send counterparty assets
full member
Activity: 236
Merit: 100
I'm needing to buy some BTC just so I can make withdraws, would anyone be interested in selling me 0.0025btc for some GEMZ just to help? At the current poloniex price.
This is my btc address 1Az85RdQnFZUdXWNP8Qz8AnbtzDUY6uWWp, if someone decides just to send it let me know your GEMZ address, by quoting this post, so I can send the corresponding amount .
Anyone?
legendary
Activity: 2898
Merit: 1017

Can a fresh user that just received his first gem from a friend also send gemz without having BTC in his wallet ?
newbie
Activity: 42
Merit: 0
Oke, this starts to look like a stupid joke.
Koinify, get your shit straight.

I confirmed with YES 3 times, and there are almost 24 hours since I did so.
My first 10 gemz withdrawal confirmed pretty fast.

I can't trade because of your paranoid/lazy kind of handling this.
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