GEMZ - Unmoderated thread - page 2. | Bitcointalksearch.org

lawsonvl

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Quote from: MrBig on August 06, 2016, 02:11:58 PM

Strangely enough, peled still logs into Bitcointalk frequently.

Daniel is playing the careful game of disassociating from GG whilst trying to avoid any public backlash from doing so.

This means engaging investors on the forum, but only privately. (The majority of ICO buyers were never active on Telegram/GG and likely never used the app.)

GG is a huge liability to his reputation. Even if GG wasn’t a failed project, or a scam, just being associated with crypto is bad enough when trying to sell software to the banks.

If he reaches any success with PayKey (doubtful), the spotlight will soon find GG, and he will immediately leave the project, if he hasn’t already by that time.

In spirit, of course, he left GG about a year and a half ago, and hasn’t talked about it publicly since.

MrBig

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Quote from: lawsonvl on August 05, 2016, 07:36:26 AM

I thought it was weird that Daniel removed his name off of the iOS getgems app, and not the Android version.

But now, after 3+ months of no updates to the Apple App Store, it appears that they've abandoned the platform.

This would make sense if the lead iOS developer (Alon) is solely working on PayKey.

https://play.google.com/store/apps/details?id=org.paykey.innobank

He's moving on to his next scam. Their app, blog, reddit and twitter have been abandoned for over a while now. Strangely enough, peled still logs into Bitcointalk frequently.

lawsonvl

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I thought it was weird that Daniel removed his name off of the iOS getgems app, and not the Android version.

But now, after 3+ months of no updates to the Apple App Store, it appears that they've abandoned the platform.

This would make sense if the lead iOS developer (Alon) is solely working on PayKey.

https://play.google.com/store/apps/details?id=org.paykey.innobank

yns1971

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the price is 404 shatoshi

lawsonvl

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Getgems by Decentralized Mobile Applications LTD

https://itunes.apple.com/app/id942306232

Here's what it used to say:

https://web.archive.org/web/20160415165104/https://itunes.apple.com/app/id942306232

I guess it's time to erase his name off of this shipwreck.

Nxtblg

legendary

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Quote from: zebedee on June 11, 2016, 02:56:44 AM

Next time be more careful investing in dodgy Israeli orgs...

Well, it comes with high-risk. I'm saying this as someone who lost money on the GEMZ I bought. Oddly enough, GetGens is a pretty popular app, by crypto standards.

Kuriko

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Quote from: SkryptoDude on June 08, 2016, 12:01:35 AM

Quote from: dannyman on June 05, 2016, 02:35:44 PM

Skyrptodude is the main reason this bullshit managed to continue for so long....can we all agree to simply ignore him on this thread. If I didn't know any better I would even think it could be Daniel with a sockpuppet...either way...ignore.

So can we get a definitive answer about if ALL funds have been released by Koinify? If not initial investors should be fighting to get Koinify to return the last 25% of BTC. How they released funds based on what AE was delivered I can't understand.

haha.....you give me way to much credit. I've tried to counter the negativity here by posting what really happened. It doesn't matter what is posted on this board. What matters is the achievements of the Getgems team. The platform is now ready and working very well. It's only going to get better with the added improvements and additional features yet to come. Have a little patience.

The platform is telegram. Now if your refering to the features like airdrop and daily bonus added a year ago that are working well.. stop clowning lol the airdrop feature is the most unstable shit ever , working for some and not for other. working some days and not some others. What exactly have they been working on that they couldn't possibly complete the very first feature they implanted in an already built application?

Another thing, a big immature team member DavidRallen , that can't even accept public confrontation or questions that constantly ask you to go private for him to end him insulting you because you show your insatisfaction in regard to the development. Hes acting as if gg was built by his father and he as a kid need to protect it from other kids in the school yard.

By the way how did paykey do in the pheonix conference? Not even in the top 3? spiting the same bs pitch at every clown conference prentending to still work on gg.

zebedee

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Next time be more careful investing in dodgy Israeli orgs...

cryptohunter

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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: MrBig on June 05, 2016, 09:51:03 PM

After some research it appears these are the guys who each controlled one of the addresses of the funds:

good work!!

SkryptoDude

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Quote from: dannyman on June 05, 2016, 02:35:44 PM

Skyrptodude is the main reason this bullshit managed to continue for so long....can we all agree to simply ignore him on this thread. If I didn't know any better I would even think it could be Daniel with a sockpuppet...either way...ignore.

So can we get a definitive answer about if ALL funds have been released by Koinify? If not initial investors should be fighting to get Koinify to return the last 25% of BTC. How they released funds based on what AE was delivered I can't understand.

haha.....you give me way to much credit. I've tried to counter the negativity here by posting what really happened. It doesn't matter what is posted on this board. What matters is the achievements of the Getgems team. The platform is now ready and working very well. It's only going to get better with the added improvements and additional features yet to come. Have a little patience.

lawsonvl

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Quote from: dannyman on June 05, 2016, 02:35:44 PM

Skyrptodude is the main reason this bullshit managed to continue for so long....

Hypocritical much?

The idea that Daniel has unlocked all the money, but left some of it in Tom's possession, and after 18-months of pure silence Tom will become receptive to the community's concerns...

... it's the same wishful thinking you had when you were shilling GG as recently as mid-February.

They don't need to satisfy the milestone conditions to unlock the funds. They only need to satisfy whatever agreement they had with the multisig partners.

How do you think these partners are compensated?

Likely from the very funds that they have been hired to safeguard.

There is zero chance of that money being returned to investors.

MrBig

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After some research it appears these are the guys who each controlled one of the addresses of the funds:

cryptohunter

legendary

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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: dannyman on June 05, 2016, 02:35:44 PM

Skyrptodude is the main reason this bullshit managed to continue for so long....can we all agree to simply ignore him on this thread. If I didn't know any better I would even think it could be Daniel with a sockpuppet...either way...ignore.

So can we get a definitive answer about if ALL funds have been released by Koinify? If not initial investors should be fighting to get Koinify to return the last 25% of BTC. How they released funds based on what AE was delivered I can't understand.

100% true but where will this 25% go? which initial investors sold for above ico price and got out with profits?

This 25 % should be used to hire a legal team to slam them into jail.

dannyman

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Skyrptodude is the main reason this bullshit managed to continue for so long....can we all agree to simply ignore him on this thread. If I didn't know any better I would even think it could be Daniel with a sockpuppet...either way...ignore.

So can we get a definitive answer about if ALL funds have been released by Koinify? If not initial investors should be fighting to get Koinify to return the last 25% of BTC. How they released funds based on what AE was delivered I can't understand.

MrBig

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Activity: 369

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Quote from: SkryptoDude on June 05, 2016, 12:35:13 PM

Quote

You misunderstand the chat conversation.

The remaining funds (25%) of the last milestone (advertising platform) are still held in a 2 of 3 multi-sig wallet with keys held by Koinify, GetGems and Adam (arbitrator) - we're working hard on completing this last milestone.

50% of the total bitcoins were converted to dollars on March 2015 and held by Circle with contractual obligation to release the funds only upon Adams approval. This was done to hedge against the bitcoin volatility (bitcoin price fell to 152$ on January 14) in order to be able to plan a budget for the company. [We avoided the the mistake Ethereum has done: http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/]

Obviously you are a "latecomer" to the Getgems scene. Do me a favor and do a little research before posting?

You can read these 287 pages on the original Getgems board. After that, come back and post.

https://bitcointalksearch.org/topic/anngemz-getgems-social-messaging-app-that-pays-live-on-android-ios-web-758004

Selling half the bitcoin was a stupid decision. Contractual obligation written on toilet paper? Multi-sig wallet that you can't share the address to? Their lack of transparency must be really reassuring to their investors...

SkryptoDude

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Quote

You misunderstand the chat conversation.

The remaining funds (25%) of the last milestone (advertising platform) are still held in a 2 of 3 multi-sig wallet with keys held by Koinify, GetGems and Adam (arbitrator) - we're working hard on completing this last milestone.

50% of the total bitcoins were converted to dollars on March 2015 and held by Circle with contractual obligation to release the funds only upon Adams approval. This was done to hedge against the bitcoin volatility (bitcoin price fell to 152$ on January 14) in order to be able to plan a budget for the company. [We avoided the the mistake Ethereum has done: http://www.coindesk.com/ethereum-bitcoin-decline-9-million-funding-shortfall/]

Obviously you are a "latecomer" to the Getgems scene. Do me a favor and do a little research before posting?

You can read these 287 pages on the original Getgems board. After that, come back and post.

https://bitcointalksearch.org/topic/anngemz-getgems-social-messaging-app-that-pays-live-on-android-ios-web-758004

MrBig

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Quote from: dannyman on June 05, 2016, 04:23:47 AM

If been away from the project for a while...thanks for the compliment.

I read only a week ago Daniel said the last milestone was done so I wondered as I'm now unfamiliar where the project is in time there still might be one last quarter payment still in Koinifys hands.

My actual point is IF you compare promises of AE to actual reality of a Telegram group then I think Koinify might be open to returning BTC held for Daniel because anyone with a clue can see they haven't really really kept their side of the bargain....come on only an idiot could say AE was as advertised and promised. If anyone can pull some shit out of their ass and say hey heres the massive project I promised then anyone can do it. The fact is they didn't fulfil and surely the whole point of Koinify was to hold get gems to their word?

Instead of arguing is there any funds left held by Koinify? Time is important now.

A quick Google search reveals that Koinify shut down on February 15, 2016: http://www.crowdfundinsider.com/2016/01/80540-wipe-out-koinify-closes-down-its-cryptocurrency-crowdfunding-platform/

I couldn't find any info on when Koinify released the funds to Getgems, nor the multisig address where they stored the funds. So the final 'Koinify-audited' release of milestone funding was just reached, although Koinify ceased to exist almost 4 months ago. Makes one wonder, who exactly released the funding? Looks like you investors may have been duped by Tom Ding of Koinify as well. Did anyone try to contact him? The thing I don't get is why the victims aren't taking action instead of twiddling their thumbs and sulking. These guys are involved in other projects that can be affected by negative publicity and legal action. If they're allowed to get away with this they'll just do the same thing to others in the future.

BlockTrade

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RE-BRAND***RE-BRAND***RE-BRAND
GDAX GDAX GDAX

"Dear customer,

we appreciate your interest in the matter and understand your motivation and disappointment.

However please understand that our decision to delist GEMZ stands for now. All relevant considerations have been pondered and the discussion about it has been concluded.

We will let you know should it be considered for re listing in the future.

Thank you for your understanding and all the best.

Sincerely,

Poloniex"

dannyman

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Quote from: lawsonvl on June 04, 2016, 10:26:25 PM

Quote from: dannyman on June 04, 2016, 04:05:17 PM

Something I didn't think about. Has all the money been given to Getgems from Koinify. I think if not Koinify could be persuaded that Daniel has let down the project and not really produced the product promised and we could get back some of the BTC?

We should of thought about this earlier...

Not trying to hate but...

After all this time, you still haven't grasped the very basics of the crowdsale/milestone concepts that were presented in 2014.

Yes, all the money is in Daniel's hands.

Tom from Koinify was hired for that explicit purpose.

If been away from the project for a while...thanks for the compliment.

I read only a week ago Daniel said the last milestone was done so I wondered as I'm now unfamiliar where the project is in time there still might be one last quarter payment still in Koinifys hands.

My actual point is IF you compare promises of AE to actual reality of a Telegram group then I think Koinify might be open to returning BTC held for Daniel because anyone with a clue can see they haven't really really kept their side of the bargain....come on only an idiot could say AE was as advertised and promised. If anyone can pull some shit out of their ass and say hey heres the massive project I promised then anyone can do it. The fact is they didn't fulfil and surely the whole point of Koinify was to hold get gems to their word?

Instead of arguing is there any funds left held by Koinify? Time is important now.

lawsonvl

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Quote from: dannyman on June 04, 2016, 04:05:17 PM

Something I didn't think about. Has all the money been given to Getgems from Koinify. I think if not Koinify could be persuaded that Daniel has let down the project and not really produced the product promised and we could get back some of the BTC?

We should of thought about this earlier...

Not trying to hate but...

After all this time, you still haven't grasped the very basics of the crowdsale/milestone concepts that were presented in 2014.

Yes, all the money is in Daniel's hands.

Tom from Koinify was hired for that explicit purpose.

Topic: GEMZ - Unmoderated thread - page 2. (Read 6182 times)