What shootd the price up?
No reason for that. Funny is, I was not able to sell my KARM when it hit 600 litoshi, since it was stacked in KarmaShares and I can't sell it now, since mintpal lost my account with my KARM. It is 12 days since I can't access my account and there are thousands of others with the same problem. Maybe most of old KARM dumpers has blocked account like I have;)
@moolah_io
Missing accounts are now coming online in batches, we will tweet when complete.
They enabled my account.I reset password, logged in, and all coins are missing. 0 coins awailable. Now what?
That`s the worst case. All you can do now is a ticket and I guess there will be thousends of them in the row before you.
I hope the best will happen and you get your coins back as soon as possible.
Can you tell us about how much of what coins you "lost"?
From what I see, I don't think Mintpal has lost any coins, they are just big noobs. They have snapshot of their old DB, so they can restore everything. The problem is they created new trading system, with new DB model. Database migration from one model to another is always pain in the ass. Those DB migrations have always hidden traps, and are always slow. They obviously did not test it before. Another problem is, they started trading without migrating everyhting correctly. If they were pros, they would restore old mintpal version after first day of migration failure and never start trading with corrupted and untested platform.
This is the reason, I don't think they will not return coins back, it will just take a time, but they lost all the trust they had.
I was smart enough, to never trust Mintpal much. In my oppinion serious trading platform do not add new scam coins and remove them when scammers dump them. Mintpal has more than 90% of coins different than cryptsy. Mintpal does not trade old coins. They almost always add new coins and delist them when they are dumped. This is the reason, I did not belive them, that they plan to be longterm trading platform. Any trader will be pissed if he buys coin and his coin is delisted. I started to trade on mintpal because of KARM, since it was both on Cryptsy and Mintpal, it looked like save investment for me. So I owned only KARM and LTC on Mintpal. They lost my 150 million KARM + some LTC. (I dumped all my KARM after Karmashares was closed and bought them back during huge dumps later, so I hope they will come back soon:))