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Topic: Invest With Caution: CoinMart.co (Read 4810 times)

newbie
Activity: 16
Merit: 0
April 23, 2014, 01:41:24 AM
#25
Make sure to read the scammers other message here
https://bitcointalk.org/index.php?topic=543503.240
legendary
Activity: 2097
Merit: 1070
April 09, 2014, 05:07:41 PM
#24
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.

Well, duh. You don't open something with that kind of bugs to the public, especially because there is actual money at play.
But here's the thing: this kind of bug being only detected by testers shows there is strong inexperience from the developer(s), and no proper design of the trading engine should even allow it to happen. This is a disaster in the making.

Quoted for posterity. We shall see...
http://cryptosource.org/cryptoave-shuts-down-temporarily-to-fortify-security/

The relaunch is already planned. I look forward to it.
full member
Activity: 266
Merit: 100
January 30, 2014, 06:31:43 PM
#23
Interesting site and looks promising. I wish them much luck.  You might checkout the site in my sig.  It's been setup so that the site handles no ones coins, ever so there's no chance of having funds compromised.  A separate processor handles all the transactions and let's both the buyer and seller know when funds have cleared not only in their wallets but also on the site, recorded and unchangeable.  It takes maybe 30 minutes tops for all this to happen.  It depends on the number of confirms needed by the coins.  Yes, coins.  Over 35 are supported as of now with more being added on a regular basis.

AND, your not stuck with the coin the item is listed in.  A widget can be listed in BTC(the sites control coin) and say you want to buy it and use DGC.  There's a handy converter in each listing so you can know within seconds if you can buy that widget you're after.  Each seller can choose as many or as few coins as they want to accept.  During checkout, the buyer chooses DGC, makes the payment.  The seller packs the item and ships, transaction done. Should there be a problem with the transaction, there's a dispute resolution system backed by a 3 strikes your out policy.

You get auctions, buy now, make offer, reverse auctions if you are looking for a service, and wanted ads if you want to buy something but can't find it.  That pretty much covers all the goods and services that can be exchanged for crypto coins.

So, CryptoAlley has support for 35 coins, cross currency purchasing ability, divide and conquer security by not holding coins and using a payment system that is pass through and they don't hold coins.

With any transaction there is always the possibility that it will not go well, but doing this for over 10 years at places like eBay with 1000's of sales, I have had maybe 5 unpleasant experiences.  Never had to request a refund from Paypal either.

Stop by, get and accout and start selling.  Listing is free for all features while we get going, after that there will be nominal fees for 2-3 features and a low final value fee.

hero member
Activity: 1361
Merit: 506
January 30, 2014, 07:23:11 AM
#22
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.

Well, duh. You don't open something with that kind of bugs to the public, especially because there is actual money at play.
But here's the thing: this kind of bug being only detected by testers shows there is strong inexperience from the developer(s), and no proper design of the trading engine should even allow it to happen. This is a disaster in the making.
Lol why do you think its called BETA testing and is being tested with PLAY money for the last month or so. Yes to iron out the bugs. It takes time to test properly which has been taken. 5 months development at least.  Thats alot longer dev time than alot of other exchanges that have been rushed out.
legendary
Activity: 2097
Merit: 1070
January 26, 2014, 06:24:36 PM
#21
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.

Well, duh. You don't open something with that kind of bugs to the public, especially because there is actual money at play.
But here's the thing: this kind of bug being only detected by testers shows there is strong inexperience from the developer(s), and no proper design of the trading engine should even allow it to happen. This is a disaster in the making.

Quoted for posterity. We shall see...
hero member
Activity: 786
Merit: 1000
January 26, 2014, 05:43:06 PM
#20
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.

Well, duh. You don't open something with that kind of bugs to the public, especially because there is actual money at play.
But here's the thing: this kind of bug being only detected by testers shows there is strong inexperience from the developer(s), and no proper design of the trading engine should even allow it to happen. This is a disaster in the making.

Haters gonna hate.
hero member
Activity: 786
Merit: 1000
January 26, 2014, 05:33:38 PM
#19
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.


Even if this works, it will likely get into many issues as they are copying code from others without their consent.

proof?
legendary
Activity: 1092
Merit: 1000
nahtnam.com
January 26, 2014, 03:59:34 PM
#18
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.


Even if this works, it will likely get into many issues as they are copying code from others without their consent.

What makes you think CoinMart are copying code ?

Did you not read the OP and the first page?
legendary
Activity: 2097
Merit: 1070
January 26, 2014, 03:56:36 PM
#17
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.


Even if this works, it will likely get into many issues as they are copying code from others without their consent.

What makes you think CoinMart are copying code ?
legendary
Activity: 1092
Merit: 1000
nahtnam.com
January 26, 2014, 02:09:02 PM
#16
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.


Even if this works, it will likely get into many issues as they are copying code from others without their consent.
legendary
Activity: 2097
Merit: 1070
January 26, 2014, 02:06:28 PM
#15
I thought it was in "open beta". Can't I try it myself yet?

Quote
also i managed myself to get a negative balance of 2k dgc after selling just 1.6k dgc, i don't know if this is already a known issue or not. i send you details via email.
http://digitalcoin.co/forums/index.php?topic=746.msg4808#msg4808

okay.

They decided to locate and fix as many bugs as possible before launching it.
legendary
Activity: 2097
Merit: 1070
January 26, 2014, 12:48:13 PM
#14
This reminds me of CryptoAve, an altcoin exchange platform, made by altcoin "devs", that also sold shares of itself and still only has only a web page design.

No one really should invest without part of the development already on the way (and please, no screenshots).

Be sure to check out CryptoAve when it launches !
legendary
Activity: 1092
Merit: 1000
nahtnam.com
January 25, 2014, 01:02:28 PM
#13
Hey!

Hopefully I am not necro posting (restarting a really old topic), but I want to add some stuff here.

This is "his" site: http://duffman.cloudvent.net/en/index.html

which is copied from here: http://coletownsend.com/

Whats funny is that he isnt even trying to hide it.

Can't view it, first link was taken down so perhaps he is trying to hide it.

It was a 100% copy. Try looking at a google cache.


http://webcache.googleusercontent.com/search?q=cache:http://duffman.cloudvent.net/en/index.html   For those interested, and yeah definitely is ripped off. It's pretty pathetic how this guy has ripped off virtually every single thing he's done in his short design career.

I had a nice chat with the original owner of the site. I asked if I could use one of his images on my site and he said no because he spent a very long time on it. I'm sure as hell duff man didnt get permission for it.
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
January 25, 2014, 12:58:26 PM
#12
Hey!

Hopefully I am not necro posting (restarting a really old topic), but I want to add some stuff here.

This is "his" site: http://duffman.cloudvent.net/en/index.html

which is copied from here: http://coletownsend.com/

Whats funny is that he isnt even trying to hide it.

Can't view it, first link was taken down so perhaps he is trying to hide it.

It was a 100% copy. Try looking at a google cache.


http://webcache.googleusercontent.com/search?q=cache:http://duffman.cloudvent.net/en/index.html   For those interested, and yeah definitely is ripped off. It's pretty pathetic how this guy has ripped off virtually every single thing he's done in his short design career.
legendary
Activity: 1092
Merit: 1000
nahtnam.com
January 25, 2014, 12:56:41 PM
#11
Hey!

Hopefully I am not necro posting (restarting a really old topic), but I want to add some stuff here.

This is "his" site: http://duffman.cloudvent.net/en/index.html

which is copied from here: http://coletownsend.com/

Whats funny is that he isnt even trying to hide it.

Can't view it, first link was taken down so perhaps he is trying to hide it.

It was a 100% copy. Try looking at a google cache.
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
January 25, 2014, 12:54:06 PM
#10
Hey!

Hopefully I am not necro posting (restarting a really old topic), but I want to add some stuff here.

This is "his" site: http://duffman.cloudvent.net/en/index.html

which is copied from here: http://coletownsend.com/

Whats funny is that he isnt even trying to hide it.

Can't view it, first link was taken down so perhaps he is trying to hide it.
legendary
Activity: 1092
Merit: 1000
nahtnam.com
January 23, 2014, 10:31:47 PM
#9
Hey!

Hopefully I am not necro posting (restarting a really old topic), but I want to add some stuff here.

This is "his" site: http://duffman.cloudvent.net/en/index.html

which is copied from here: http://coletownsend.com/

Whats funny is that he isnt even trying to hide it.
hero member
Activity: 1361
Merit: 506
January 23, 2014, 08:52:13 AM
#8
This reminds me of CryptoAve, an altcoin exchange platform, made by altcoin "devs", that also sold shares of itself and still only has only a web page design.

No one really should invest without part of the development already on the way (and please, no screenshots).

CryptoAve is in beta at the moment and has been tested by many users including myself. It is VERY real and is due for release around Jan 31.

More information here

http://digitalcoin.co/forums/index.php/board,7.0.html

and you can also speak to people who have beta tested it in DGC IRC @ irc.freenode.net #digitalcoin
hero member
Activity: 770
Merit: 509
January 05, 2014, 10:55:41 PM
#7
Honestly who gives a shit if a dev/startup borrows images? I understand that legally any company wishing to profit must use only content it created or has permission to use. This site as of now is not making a profit just showing an early unfinished design. I an sure when they are making any substantial profit they will pay an artist to whip up some fresh designs.

Besides who posts images/artwork online without watermarks expecting nobody to use it?

Seriously a huge overreaction in this thread...


The thing you're missing at is the fact that this guy "duff man" claims to be a designer himself, why would he poorly rip off content or need to save for those designs when he can whip them up himself. When you are investing you are paying for his design expertise since there is no proof that any code has been done other than the "75% of the code for the site has been completed" notice in his advertisement.

I wouldn't be remotely surprised if that site design he put up is completely stolen as well. I've sent him a PM to gather more details proving the design is his work and am yet to here back from him.

At the end of the day, should you trust a deceptive new user with $100k+? I don't see how this is an overreaction at all. Behavior like this is almost always linked to scamming or a get rich quick scheme. The reason why I noticed this in the first place and am upset about it is due to the fact that he ripped off work from a good friend of mine. "Invest with caution" is a reasonable warning.


I wouldn't trust him with anything until he proves he can operate his business. From what I understand he designed the website which is perfectly fine.

Not sure why a website like this would need $100k in investments though..
legendary
Activity: 3192
Merit: 1279
Primedice.com, Stake.com
January 05, 2014, 10:46:02 PM
#6
Honestly who gives a shit if a dev/startup borrows images? I understand that legally any company wishing to profit must use only content it created or has permission to use. This site as of now is not making a profit just showing an early unfinished design. I an sure when they are making any substantial profit they will pay an artist to whip up some fresh designs.

Besides who posts images/artwork online without watermarks expecting nobody to use it?

Seriously a huge overreaction in this thread...


The thing you're missing at is the fact that this guy "duff man" claims to be a designer himself, why would he poorly rip off content or need to save for those designs when he can whip them up himself. When you are investing you are paying for his design expertise since there is no proof that any code has been done other than the "75% of the code for the site has been completed" notice in his advertisement.

I wouldn't be remotely surprised if that site design he put up is completely stolen as well. I've sent him a PM to gather more details proving the design is his work and am yet to here back from him.

At the end of the day, should you trust a deceptive new user with $100k+? I don't see how this is an overreaction at all. Behavior like this is almost always linked to scamming or a get rich quick scheme. The reason why I noticed this in the first place and am upset about it is due to the fact that he ripped off work from a good friend of mine. "Invest with caution" is a reasonable warning.
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