Topic: Cast Your Vote for your favourite Physical Bitcoin Designs – Ends 18th November - page 4. (Read 21573 times)

well..great... :/

I wouldn't mind being paid in few unfunded pure silver coins (25LTC) though.

Or, he could just sell out those coins he has in stock as silver -> buy crypto -> pay out bounties...

I almost forgot about this, thank you for everyone helping us, coinographic we need an update please.

Coinographic is alive and running. He should be posting an update on here pretty soon.

"Hey, I am here - been away for a while due to ill health....I emailed Coinographic and expect we will hear from him in the next week (thats what he told me) - we will just wait and see and yes I am still waiting on coins (BTC) but every other coin I have had has been funded. "

above is from User post - saigoned on litecointalk January 22, 2015

Yeah, it would be nice to hear something from Coinographic soon

Any news guys?
Maybe some payment in the Silver LTC coins?
Thanks

More than 8 days later and issues posted after this post by your customers have supposedly not been addressed both here and in your auction thread where worldtreasurefinder is asking for answers on his coin he won/prepaid for.

In addition to this contest payout issue, there are people waiting for coins they ordered last month and some waiting for coins to be funded.

This deserves a bump.

The other side of the argument is:

1. They obviously have been hiding the fact that they could not pay out the contest in a timely manner due to their claiming "this week" to certain users that it would be paid and then not paying and claiming they do not have the fund to pay the contest. This is a blatant lie and unacceptable.

2. You are right the contest is to be paid out in physical coins and BTC. The problem with this is that they stated the contest would end by a certain date and obviously most design entrants were expecting to be paid within a few days if a week of the end of the contest. Now almost 2 months later the price of bitcoin has halved. Pick which side of the coin you want but both sides have their point and I acknowledge them both.

3. My negative feedback is going to stay until it has been proven that they did make good on their design contest payouts. If anyone knows me on this forum it is one to call a spade a spade. Did coinographic intend to scam? I don't think so, but did they intend on lying? I can't see how I would otherwise be convinced they did not lie to entrants about payment. Maybe the better word is mislead...then they lied. Leaving the feedback on this forum is not making it impossible for them to sell. They have a website and the rest of the internet to make sales (including ebay).

4. Ultimately I originally thought coinographic was legitimate but after the continued instances of them being unfair and dishonest on the litecoin and bitcoin forums, I have to question their character. They totally botched their initial coin auction for their 25 LTC 2 oz silver coins on litecointalk.org. I won several of the coins and then had my bids invalidated by changing the rules of the auction after the auction ended.

Supposedly this design contest was not handled properly in its execution. Not to mention the blantant lie of claiming "this week" you will be paid to the design contest winners.

Their communication skills are horrible if not non-existent on several matters. Being unresponsive for weeks, allowing your computer to be not backed up with important customer information and claiming that personal issues disallowed you to be able to setup a proper backup is jaw dropping, now having a design contest finish and not paying out what was promised in a timely manner then lying when payment will happen, then coming out and saying "we have cash flow problems".

Perhaps I am being harsh but I hold coinographic to the same standard I hold myself to and that is being honest, upfront, and communicative to members of the community. If they can't integrate themselves into the community in those aspects efficiently, they should not be allowed to have a non negative trust rating as their actions ultimately determined their character.

This is simply why I never opted for the preorder model. Even when the asic manufacturers were doing it I refused to preorder any of their products.

Taking people's money to fund your project and making them wait as customers when they are in fact investors is unprofessional.

If this contest could not be completed when they stated they should have said so long ago and not went silent. Come to find out now they can't pay it out to the design contest winners as the price of BTC continues to fall.

People should take a lesson again in the idea of preordering something that has not been completely developed and in-hand.

@AT101ET, did they ever get back to you on your request on the coins you ordered and paid for?

Fortify, you make a good point. I'm going to change my negative into a neutral, for now.

Guys I think you should have some more leniency. I'm not saying what Coinographic did is right, but they seem like a reasonably legitimate company compared to others in the past. Yes, they need to prioritize the money for designers and they seem to have vastly overstretched themselves (there was no need to expand into anything except bitcoin until your stock was sold) but with the negative feedback/red mark on their profile you have effectively made it impossible for them to sell any more.

It's a chicken and egg scenario, yes the designers deserve to be paid, but that is never going to happen when nobody else buys from them. The coins are still getting delivered to buyers or did until they stopped getting ordered two days ago. They are also two fairly distinct issues to the business. As for Coinographic, you should pay what you owe, there was no need to jump on altcoins either & you should keep communication open.

As for the value of the prize, if the prize was offered in Bitcoin, that's how you take it. It has been extremely volatile and nobody knows where it is heading - that is the gamble you took. Forget about any of this "it should be paid in fiat equivalent". Coinographic, this should encourage you to pay while bitcoin is relatively cheap!

Another email sent replying to my email from Coinographic on Dec 26th saying my coin would be shipped ASAP.
Still not heard back from him yet.
The coin I chose is still listed on the site for sale.
Once again, this is extremely unprofessional.

Were in the same ship, There's no date when the 5BTC coin will be made/shipped and the BTC Coin funded, and at this rate the BTC plummets even more.

Coinographic auctioned #1 of his 1 BTC gold coin on Dec 26th, 2014.  He got 6 BTC that day.  More than enough to pay everyone out their BTC contest winnings.  Just saying.

To the OP...are the 2B Silver "B" and 1B Silver "Ant" still being made?  If so, what's the expected completion date?  Many people have pre paid.

From your post, I understand the new coins from this contest haven't started production.

Hope it wont take too long to get the btc to pay all the designers, please can the OP post a bit more frequently.

I guess that is the next question should the contest only be liable for the bitcoin or the fiat equivalent. Most would argue that the BTC amount should stay the same as the price could have gone up just as much as it could have gone down.

Sigh...I thought this might happen 

Instead of getting the prize immediately after the results were published, with today's BTC price, it is worth 350 USD less...

Been asking for a few days over email for you to fund one of the 25 LTC coins, no response...