Topic: CoinPayments.net - Unbiased Unified Money Solution - Multi Payment Procesing - page 10. (Read 48627 times)

We try to give coins a very generous time to get some transactions, OBS and YAC were added long before any of our recent votes. Our removal of a coin does not mean we like or dislike the coin. If it can't pull some of its weight, we try to give new coins a trial run at it. Also we do not collect proceeds or fees on the votes, they all go to BitGive Water Fund.

Both coins were from before the donation votes, but they were online for many months before they were deactivated (ORB was actually one of our earliest listed coins.) Coins with even 2 or 3 transactions we still have active so they have a chance to grow. Each coin will get at least a few months before getting deactivated.

Each coin does have a cost in terms of CPU and RAM usage mainly; the coins are actually still there just not running since disk space is cheap. If a store owner wants to accept one of the deactivated coins and has a realistic chance of getting transactions we can turn it back on with a flick of a switch.

Same thing with YACoin. I received an email with the same explanation. Thank you for the response.

I have a concern though. Considering votes can be bought, it seems a little unfair to accept a coin now with the possibility of removal if it doesn't meet some quota of transactions? When YAC was accepted, I'm pretty sure there wasn't a gift card service like there is now. I looked for things to buy, but I didn't find anything appealing.

I guess it is a chicken or an egg question--the merchants vs the coins... which I think would be more understandable if it didn't take BTC to get votes. I mean I believe you that 0 transactions were made with YAC. Is there a real cost to having a coin on there? What if it had only a couple transactions in a few month time frame? These would be good questions to know for the future at the very least I think.

YACoin is definitely alive. It has a working block explorer, website, up-to-date on every fundamental feature. It needs work in the enthusiasm department, which I'm optimistic about. Each NFactor change is like a new release of a coin. But it wouldn't hurt to have a payment system like coinpayments.

Any thoughts or clarification would be appreciated. I'm very thankful for coinpayments regardless. Cryptocoins are just speculative commodities without payment systems!

We can't be sure, every time we set a date it comes and goes

When are you handing the site over to the new owner?

Since the addition of the coin, way back months ago, it has received 0 transactions... Along with a few other coins that have been inactive for some time now. Nobody is using it to buy anything.

Orbitcoin (ORB) was supported by CoinPayments. Now it's not in the list. The support is silent. What's up?

I'm glad to find out that this service will continue.
I remind you that you can advertise your service for free on the freicoin foundation's merchant list:

https://foundation.freicoin.org/#/trade

Please, register your service there. Some people ask for payment processors and it would be nice if they could directly find you there instead.

Vote unlocks in an hour: https://bitcointalk.org/index.php?topic=563787.new

Nope, it's working here. If you PM me a transaction ID I can resend an IPN and see what your server says.

Is there something wrong on your end with sending IPN's??? Nothing is sent succesfully???

CoinPayments will continue, just under new management. All operations should remain normal, unless otherwise noted.

It's still not 100%, but there should be new owners by the end of the month hopefully.

New owner not responding.

I hooked up my merchant site to cp ipn works fine though.

So what's the deal? I saw the notice about CoinPayments shutting down but the site is still live after the shutdown date? And there's talk of a new owner?

Is CoinPayments going away or not?

Newest Coin Vote: https://bitcointalk.org/index.php?topic=563787.new

Nothing definite, if everything goes well the changeover will happen with no downtime or anything.

is there any news regarding the owner change ? and how it'll affect operations and payments processing ?

I can certianly pitch it to the devcoin guys and you would get paid to work for it in shares.. What is your expertise?

It would have to be open source for devcoin to own it.. all projects are open to public...

Worst email I have received in ages. Sorry to see you guys go, I hope you will find a way to operate especially for such a lame reason. Exactly that kind of government meddling is what made the need for Bitcoin to exist, and now they abuse it to ruin a great *coin payment platform.