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Topic: [ANN][ICO] COMPCOIN - AI Token For Financial Trading - JUNE 14 - page 5. (Read 30363 times)

newbie
Activity: 21
Merit: 0
I posted a long time ago about Compcoin being a scam, provided background information on the players and bitcoin talk admins deleted my post claiming it was spam.

I suggest you people wake up and Call the Feb's and SEC, worst case scenario I am wrong and you become rich.
newbie
Activity: 37
Merit: 0

Help me understand this. Honestly. The CEO knows that Compcoin is going to tank so he's allowing major investors to sell privately while smaller holders are left with the bag when Cryptopia opens up trading?


You've got it backwards. The major investors are buyers not sellers.

All this FUD turns people off, but the product works and NFA approval is only for non-accredited investors so of course they would try to generate sales with accredited investors to counterbalance those people who speculate with the coin, want a quick profit and are ready to cash out as soon as they can. The point was, if I'm not mistaken, to find people on the other side of that trade who will actually hold the coin and use it for its intended purpose - which is automated money management.

The NFA has put them through their paces, as has the CFTC. Yeah it feels bad to wait, to be told a deadline and have to wait longer, to feel like you're in the dark. But that doesn't mean it's a scam.

I've been transparent and forthcoming about everything I know. I'm not a frontman; I'm an investor, a miner, a crypto enthusiast, and a member of this forum who wants to share information for the better good. That's all. But honestly, responding to posts from people who JUST created an account and their first post is freaking out about CompCoin being a scam is not why I'm here. And as far as your false claim that I've been wrong numerous times, only the timeline has ever been off. So I really don't know what you're on about.

In the end, time will tell who is right and who is not.

I post these updates because I know how shitty it feels to wait for something to happen with this. But let's all gain some perspective and look at this in a broader context. What ICOs have rolled out a finished product within six months after launch? What ICOs have any number at all for you to call and speak with an actual human?

Sure, the CompCoin team isn't perfect. Far from it. But they're trying, they show up to work every day and push the ball forward. I get email notifications from Base Camp at random hours of the night that prove they're hard at work trying to make this a success. It's a lot easier to look at it from the outside and point out what could be done better or differently. I could be wrong about all this, and if I am, I will humbly apologize and eat my words. Until then, I'll keep my money where my mouth is and my faith in the project.
newbie
Activity: 16
Merit: 0
Coinliferr you seem comfortable being the front man for what seems to be a scam while the primaries lay low. Not a good place to be

I won’t suspend belief. This is a scam. When something  smells bad or feels wrong, it is. 

And I don’t think Alan is letting major investors sell.  He is unloading the remaining ICO at discount prices based off the artificially inflated current price. I know someone who was offered just this.  What I only just became aware of was that selling had been suspended. Holy crap!  Is this legal?  This coin is probably worth pennies.

Honestly at this point who knows that he is selling since nothing works.

Fintech and compcoin were only registered by Alan two years ago.  Where did this miraculous 40% trading ART come
From with eight years testing?  And why does it need block chain to be successful?  Just run a fund. If this truly existed then that alone is worth a fortune. 

newbie
Activity: 1
Merit: 0

"Given current liquidity levels, it's important to be able to support the expected selloff - so Alan has been traveling recently and meeting institutional/private investors so those who want to sell immediately can do so at a profit."

Help me understand this. Honestly. The CEO knows that Compcoin is going to tank so he's allowing major investors to sell privately while smaller holders are left with the bag when Cryptopia opens up trading?

The information you have provided on here has failed to come to fruition numerous times, though I don't fault you for being misled. The "customer support" Compcoin provides is woefully amateur and doesn't instill much confidence. When I called the person was fumbling with her cell phone while driving, unable to provide ANY answers or tentative timelines, but she was enthusiastically assuring that "one CMP will be worth a lot by EOY!" though I never asked about the price. The CEO of the "most transparent coin ever" can't even spend a few of the "several million" (your words from back in September - I believe you posted that it was $45mm before, but can't find it) raised to pay for customer support beyond your posts.

At best, Alan Friedman is incompetent and in over his head - at worst he really is scamming people. I'll suspend my disbelieve and assume you personally are being transparent, but at this point why would anyone trust anything involved with this project? How do we know that the paltry trading volume/artificially inflated price isn't just you moving around some of the 65,000 coins you're in possession of?

After all, if Mr. Friedman has the time to hock Compcoin on random webinars (https://www.coincomm.com/posts/1447346/comments), he can probably carve out a few moments to ease the concerns Compcoin investors have. Or maybe he simply doesn't give a shit once he get's your money.
newbie
Activity: 17
Merit: 0
Thank you Coinlifer for the very detailed and open communication. I wish the company does the same. You have been very generous with your updates and is one of the reasons that I am still very invested in the success of Compcoin. Really looking forward to the opening of ART trading and the liquidity in the markets.
newbie
Activity: 37
Merit: 0
Hey everyone. I'm here to clear the air and provide a few small updates.

As we're all very much aware, the CompCoin team continues to do a poor job in communicating with customers, meeting deadlines, and just getting their overall shit together. At this point, it's moved from beyond annoying to downright disheartening. I'm still a firm believer in the potential of the coin and the team behind it, but the delays and technical incompetence is starting to wear on my patience - as I'm sure it has already worn on all of yours.

I want to make it clear that every time I've shared a deadline here, it was based on information that was passed directly to me from the founder himself. Needless to say, I'm done asking for and sharing deadlines since there is always some reason or another why the deadline is delayed. In this case, as emails to another forum member here from the CMP team indicated, there has been an effort to drum up private sales during February in order to provide support for the market once trading opens again. My understanding is that this is the reason for the web wallet/coin transfer/cryptopia delay. Unsurprisingly, people are (justifiably) pissed and are ready to exit as soon as possible. Given current liquidity levels, it's important to be able to support the expected selloff - so Alan has been traveling recently and meeting institutional/private investors to generate capital so that those among us who want to sell can do so at a profit.

That said, I'm told we must wait (again) for another two weeks or so until trading is opened.

Given the fact that this is something none of us wanted to hear, I suppose it's only right to share some positive news as well. Although I would recommend (and certainly expect) you to take it with a grain of salt.

As mentioned previously, talks with the NFA have continued in a positive direction. Final approval is still pending but I'm told there is only one issue left to resolve before trading can open. I have no clue what that means in regards to a time frame. Other deals are in the works as well - it seems there's been a shift to focusing more on the enterprise value of the coin in regards to it's use cases for institutional investors moreso than retail investors. Several products are being developed that use CompCoin - I will share more info on that in a later update.

Overall, I don't feel like much has changed in regards to the longterm outlook - if anything, I'm as optimistic as ever about year end price targets. But, we're all pretty much done with being strung along - me included. While I can confirm the truthfulness of the CompCoin team's claims, that doesn't make me or anyone else feel better. We all want to be able to trade the coin, to do with it what we please, and to feel like someone is looking out for our best interests as shareholders. I've been stressing the importance of better communication with the community. I will continue to emphasize the fact that they NEED to be on top of this - creating a Slack group, sending consistent emails, responding in a timely fashion to support tickets, and working out all the bugs that we've been patiently waiting to be resolved.

Until then, I hope we can just keep our heads up, try to not let it affect us emotionally, and focus on the goals at hand. I will continue to provide updates and share what I know with the community. Believe me, no one is more upset at the recent lack of fruition than I am. I've put my money and reputation on the line with this one and I don't intend to be wrong. We're going to the moon - and I don't know of any rocket ships that are a smooth ride for the astronauts.

One thing that is clear, much of the FUD surrounding crypto markets in general relates to the fact that there is no underlying value or revenue generation models for crypto assets in comparison to stocks or traditional financial assets. This is why I love CompCoin. The algorithms work, profits can be generated and are not dependent on future investment into CompCoin. This really is one of the only coins with an inherent value due to it's profit generating capacity. As u/bitshitz mentioned, this asset is severely undervalued for trading software. Consider that each CompCoin is basically a prepaid software license that gives access to trading software. The cryptocurrency/blockchain aspect of this project is fundamentally just a different way to package the software - one that is more fair and democratized. The team has a great product but faces difficulty with packaging and delivery - that's it. And to be fair, they've hired 3 new developers since my last update. These guys are getting paid top dollar to take care of the remaining issues. While it's not happening in accordance with a pace or time frame we are satisfied with, things are still moving forward. I'm currently trying to convince Alan to hire IdeasByNature.com - one of the leading blockchain development and design firms (clients ranging from bitcoin.com, Salt, Dash, Digital Currency Group, etc.). He's open to the idea. He's committed to improving CompCoin and ensuring its long lasting success. With a firm like that behind us, I would imagine these technical issues would be a thing of the past.

That's all I can share for now. Things are moving forward in several different areas and, despite the frustratingly slow development, we should be out of the woods in the upcoming weeks. Take that deadline with a grain of salt, keep your chin up, and hang in there. PM me if I didn't answer your question or if you want to talk. I'm here for you all. We're in this together and we're going to crush it. It's just a matter of time.
member
Activity: 294
Merit: 10
ico menyumbang profil yang cukup besar. cara yang tidak jelas ke mana untuk mengirim dana, tidak ada koleksi meter, tidak ada saran gas ... dapatkah anda berbagi info yang lebih umum untuk semua yang akan ikut ico tersebut?
newbie
Activity: 4
Merit: 0
So what happens now with compcoin? The site seems in updateding, but other than this, no activity is visible. At whom what information?
newbie
Activity: 112
Merit: 0
 support this project and waiting to know information about bounties what they offer.interesting one Cheesy
newbie
Activity: 17
Merit: 0
I got a email from CMP coin today. The email said I would have to wait until, blah blah blah, who knows when.

I have copied the emails from CMP coin support, since December


On Dec 18, 2017 at 1:03PM, Compcoin Support
Hello,

January 6th is the date people can withdraw coins from web wallet
To cryptopia. The price will increase more by January! The coins have been
Deposited into your web wallet. The new purchase from you is pending.
Once received we will send coins.


Thank you.
Compcoin

EMAIL FROM JANUARY 8TH

On Jan 8, 2018, at 10:58, Compcoin Support <[email protected]> wrote:

Hello,

We apologize for the delay.  January 6th was a Saturday not a week day.
So we did not issue coins. However we do plan to still issue all
coins. We ran into A problem and trying to move as fast and sufficient
as possible to make CMP customers Happy! We will send out an email to
everyone letting them know the plan so you and everyone Else can feel
at ease and comfortable. We know it has been very difficult not being
able to trade Your money and we sincerely apologize! We want to make sure once we issue the coins the price Does not drop and everyone gets a chance to make a great profit!

Thank you,
Compcoin

email from January 10th
Hello,

I believe we will have some sort of reward for our customers waiting such a while.
We won't make any promises, but we will definitely find out that information for you.
We can almost guarantee you will make your money back and more once everything is in order
And we release the coins to our customers. We appreciate your patience, we won't be able to give you
A specific date but hoping it'll be in the next week or so.

Thank you,
Compcoin

EMAIL
On Jan 23, 2018, at 11:37 AM, Compcoin Support <[email protected]> wrote:
 
Hello,
 
Thank you for the screen shots and information. You will receive the
New coins in exchange for the old ones. So please do not think you will not
Be apart of the coin swap. However you and everyone else must wait until
The web wallet is complete to distribute new coins. We know everyone is eager to
Start trading as the price gets higher.
 
We appreciate your support and patience,
 
Thank you,


EMAIL FROM TODAY

Hello ,

We apologize for the inconvenience but there seems to be a mistake on coin payments.
The price of the coin shouldn't be listed at $5 dollar per coin, we are having one of our tech
Guys fix this problem. However we can give you three options to choose from for this mix up.

1.   We can refund your BTC/LTC to your account
2.   We can give you the right amount of coins for the 1,450  which would be 103 coins at 14 dollars per coin
3.   We can give you a 10% discount off of 14 dollars per coin making it 12.60 a coin leaving you with 115 coins


Please let us know and we will fund your account.

Thank you,

Did you purchase coins directly from them. I thought the ICO was over Huh
newbie
Activity: 63
Merit: 0
I got a email from CMP coin today. The email said I would have to wait until, blah blah blah, who knows when.

I have copied the emails from CMP coin support, since December


On Dec 18, 2017 at 1:03PM, Compcoin Support
Hello,

January 6th is the date people can withdraw coins from web wallet
To cryptopia. The price will increase more by January! The coins have been
Deposited into your web wallet. The new purchase from you is pending.
Once received we will send coins.


Thank you.
Compcoin

EMAIL FROM JANUARY 8TH

On Jan 8, 2018, at 10:58, Compcoin Support <[email protected]> wrote:

Hello,

We apologize for the delay.  January 6th was a Saturday not a week day.
So we did not issue coins. However we do plan to still issue all
coins. We ran into A problem and trying to move as fast and sufficient
as possible to make CMP customers Happy! We will send out an email to
everyone letting them know the plan so you and everyone Else can feel
at ease and comfortable. We know it has been very difficult not being
able to trade Your money and we sincerely apologize! We want to make sure once we issue the coins the price Does not drop and everyone gets a chance to make a great profit!

Thank you,
Compcoin

email from January 10th
Hello,

I believe we will have some sort of reward for our customers waiting such a while.
We won't make any promises, but we will definitely find out that information for you.
We can almost guarantee you will make your money back and more once everything is in order
And we release the coins to our customers. We appreciate your patience, we won't be able to give you
A specific date but hoping it'll be in the next week or so.

Thank you,
Compcoin

EMAIL
On Jan 23, 2018, at 11:37 AM, Compcoin Support <[email protected]> wrote:
 
Hello,
 
Thank you for the screen shots and information. You will receive the
New coins in exchange for the old ones. So please do not think you will not
Be apart of the coin swap. However you and everyone else must wait until
The web wallet is complete to distribute new coins. We know everyone is eager to
Start trading as the price gets higher.
 
We appreciate your support and patience,
 
Thank you,


EMAIL FROM TODAY

Hello ,

We apologize for the inconvenience but there seems to be a mistake on coin payments.
The price of the coin shouldn't be listed at $5 dollar per coin, we are having one of our tech
Guys fix this problem. However we can give you three options to choose from for this mix up.

1.   We can refund your BTC/LTC to your account
2.   We can give you the right amount of coins for the 1,450  which would be 103 coins at 14 dollars per coin
3.   We can give you a 10% discount off of 14 dollars per coin making it 12.60 a coin leaving you with 115 coins


Please let us know and we will fund your account.

Thank you,
newbie
Activity: 17
Merit: 0
still waiting on update on the new wallet.
newbie
Activity: 4
Merit: 0
Someone from the USA call the office of compcoin, and ask what news or updates.
newbie
Activity: 17
Merit: 0
Volume on CMP seems t be still low...waiting for a breakout as soon as the new ART system is announced
newbie
Activity: 17
Merit: 0
Coinifer,

appreciate any update on CMP or on ART ?

Thank you,

Favorcoins
newbie
Activity: 4
Merit: 0
Wrote in support of compcoin, with a request to comment why so long there are no news and updates. And wrote in support of NFA, with the question of whether or not compcoin will receive a license in the near future from this organization, I'm waiting for an answer ...
sr. member
Activity: 868
Merit: 279
I'm not sure what's up with this coin but I was interested in buying when it was at nova for a dollar. Today I saw the price spike and realise it even passed ATH of aprox 15 dollars. Pretty impressive for a coin that has nothing and hasn't updated anything for a while. Beware of what will happen next after this spike.
newbie
Activity: 1
Merit: 0
Quick updates on Cryptopia, the new web wallet, and NFA approval.

  • Cryptopia is only briefly in maintenance mode; the updated source code was sent to them today. Trading will resume shortly.
  • The web wallet development is still underway; release was scheduled for early Jan. but due to unforeseen circumstances there's a delay. Shouldn't take much longer regardless.........................

I am not able to send my coins to cryptopia wallet. Will you be able to start a telegram / slack group ? It will give us more confidence in this coin.

I have also send a mail to the comp coin help email..
newbie
Activity: 7
Merit: 0
first, you do not write like you are from Jax..... second I use bittrex-yobit-htbtc-cryptopia-stocks.ex and I prefer to trade cryptopia markets when I can.

I cant figure out what your beef is with this coin but if their trading algorithms work the software seems pretty cheap to me.  I do not hold any coins, was just reading about them.  I just bought 10 coins because the project looks interesting and it's worth a gamble.  I trade commodities now and I am interested to try the software.  Trading software is EXPENSIVE, and if it works is priceless.
newbie
Activity: 9
Merit: 0
COMPCOIN IS  A SCAM SITCOIN! A'm from Jacksonville,Florida one our drive from compcoin official address. NOBODY here avare about this project! It is typical pop up SCAM ! Only one  New Zealand Exchange( criptopia) no any US or another exchange make it really suspicious! No responses from DEV team as it not exist except couple smart guys Smiley BE AWARE They will pop-up coin and drop pre-mined so live all empty handed ! They not even able to make site! There no clear info, half of paje is just nice picture without any necessary information, works only for newbies in crypto.
Why they "Artificial intelligence" can't perform simple task any crypto need first- place this coin on real market just 2-3 even small exchanges? 6 months no any movement only popup ads in coinmarketcup ! who need coin will be unable to sale anywhere if cryptopia delist it where you go!?
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