[IPO] CoinPal - Crypto-Currency Exchange & Profit Switching Mining Pool {NEW} - page 17.

Kenta

sr. member

Activity: 420

Merit: 250

Quote from: RiverBoatBTC on June 14, 2014, 09:09:11 AM

AmericanBit Via Google+ Chat

Quote

Well its an exchange. ..it's buy boxes and sell boxes with a graph. How many different ways can it be done? A lot of exchanges look alike
Mintpal is killing it, so I'd want my exchange modeled after an already profitable one. I don't see the problem. ..at all

The first part got cut and I did not notice it.

But yea I am pretty sure these two are in some sort of partnership, AmericanBit tends to speak for Mr. Gay. I have not been able to personally talk to Ryan. I have tried facebook, email, google+, calling his place of work. They said the have not seen him in a while and his voice mailbox is so full it can not take any more messages.

This is a case of a spoiled rich kid, who is now in his 30's. Having rich mommy and daddy save his ass his whole life.

You can't really hold that against him, it will only make yourself look envious. Grin

RiverBoatBTC

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Activity: 224

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Point me to this thread please?

badpeanut

sr. member

Activity: 333

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Karma is a Btc

Quote from: RiverBoatBTC on June 14, 2014, 09:09:11 AM

AmericanBit Via Google+ Chat

Quote

Well its an exchange. ..it's buy boxes and sell boxes with a graph. How many different ways can it be done? A lot of exchanges look alike
Mintpal is killing it, so I'd want my exchange modeled after an already profitable one. I don't see the problem. ..at all

The first part got cut and I did not notice it.

But yea I am pretty sure these two are in some sort of partnership, AmericanBit tends to speak for Mr. Gay. I have not been able to personally talk to Ryan. I have tried facebook, email, google+, calling his place of work. They said the have not seen him in a while and his voice mailbox is so full it can not take any more messages.

This is a case of a spoiled rich kid, who is now in his 30's. Having rich mommy and daddy save his ass his whole life.

Americanbit was denying so hard and left this thread. Now everything point out they actually lost 50 btc. Wonder where they recover those coins from. When they bought 10k worth of bitcoins with investors money at the price at $115 and lost later. There is no way they bought it back with fiat when the price was rising at the time. So easiest way is setup a secuirty COINPAL to get the coins back.

Man this is now almost a fact and not a speculation anymore. Bunch of fucking scammers

RiverBoatBTC

full member

Activity: 224

Merit: 100

AmericanBit Via Google+ Chat

Quote

Well its an exchange. ..it's buy boxes and sell boxes with a graph. How many different ways can it be done? A lot of exchanges look alike
Mintpal is killing it, so I'd want my exchange modeled after an already profitable one. I don't see the problem. ..at all

The first part got cut and I did not notice it.

But yea I am pretty sure these two are in some sort of partnership, AmericanBit tends to speak for Mr. Gay. I have not been able to personally talk to Ryan. I have tried facebook, email, google+, calling his place of work. They said the have not seen him in a while and his voice mailbox is so full it can not take any more messages.

This is a case of a spoiled rich kid, who is now in his 30's. Having rich mommy and daddy save his ass his whole life.

badpeanut

sr. member

Activity: 333

Merit: 251

Karma is a Btc

Quote from: RiverBoatBTC on June 14, 2014, 08:07:29 AM

Your ok with whats going on really? He cloned a website, we do not even know if the actual exchange part works... any brave enough to try it?

AmericanBit who is also a close friend of Mr. Gay's seems to think their is nothing wrong with cloning another site.
Christopher is AmericanBit
Dan Bitcurity
So your buddy did release a exchage
Friday, June 13, 2014 9:03 PM
Christopher
Yeah...i told you he would
Dan Bitcurity
Have you looked at it?
Christopher
Yeah..looks good
Dan Bitcurity
have you ever been to mintpal.com?
Christopher
I know it's become a very popular exchange lately
Dan Bitcurity
you should check it out, and look close at both coinpal and mintpal
Christopher
cuy boxes and sell boxes with a graph. How many different ways can it be done? A lot of exchanges look alike
Mintpal is killing it, so I'd want my exchange modeled after an already profitable one. I don't see the problem. ..at all

Did he actually said:

Christopher
cuy boxes and sell boxes with a graph. How many different ways can it be done? A lot of exchanges look alike
Mintpal is killing it, so I'd want my exchange modeled after an already profitable one. I don't see the problem. ..at all

So after all Americanbit was the partner after denying many times? Don't forget this link. Americanbit and coinpal sites on the same server http://reverseip.domaintools.com/search/?q=50.63.90.149

And this, his business partner and friend from florida that lost 50 btc with trading investors money
https://bitcointalksearch.org/topic/m.3502740

Him calling his partner BEST FRIEND!! https://bitcointalksearch.org/topic/m.3503501

So please try to get into his Accounting Audits what was used with the investors money. If we can get that audit we might get our money back. Till this day there is still no proof about his mining gear if he bought it with our funds.
Or perhaps what i think is, he lost 50 btc with his previous investors, list Coinpal try to raise funds to pay old investors back using their old mining gear to give us dividend

So we definitely have to look into his Accounting Audits

Kenta

sr. member

Activity: 420

Merit: 250

Quote from: RiverBoatBTC on June 14, 2014, 08:07:29 AM

Your ok with whats going on really? He cloned a website, we do not even know if the actual exchange part works... any brave enough to try it?

AmericanBit who is also a close friend of Mr. Gay's seems to think their is nothing wrong with cloning another site.
Christopher is AmericanBit
Dan Bitcurity
So your buddy did release a exchage
Friday, June 13, 2014 9:03 PM
Christopher
Yeah...i told you he would
Dan Bitcurity
Have you looked at it?
Christopher
Yeah..looks good
Dan Bitcurity
have you ever been to mintpal.com?
Christopher
I know it's become a very popular exchange lately
Dan Bitcurity
you should check it out, and look close at both coinpal and mintpal
Christopher
cuy boxes and sell boxes with a graph. How many different ways can it be done? A lot of exchanges look alike
Mintpal is killing it, so I'd want my exchange modeled after an already profitable one. I don't see the problem. ..at all

I've seen clones from unfaithful developers becoming much better than the original before, and I have no problems with refactored code unless they have stolen it (and it can be proven in such way that we'll have to pay millions to get out of it). Have a look at Microsoft! They had a very dodgy start, then very dodgy more than 10 years after that, until they became so strong that they didn't have to steal but could just buy every little company with any sign of innovation and leave the patents in the drawer!

RiverBoatBTC

full member

Activity: 224

Merit: 100

Your ok with whats going on really? He cloned a website, we do not even know if the actual exchange part works... any brave enough to try it?

AmericanBit who is also a close friend of Mr. Gay's seems to think their is nothing wrong with cloning another site.
Christopher is AmericanBit
Dan Bitcurity
So your buddy did release a exchage
Friday, June 13, 2014 9:03 PM
Christopher
Yeah...i told you he would
Dan Bitcurity
Have you looked at it?
Christopher
Yeah..looks good
Dan Bitcurity
have you ever been to mintpal.com?
Christopher
I know it's become a very popular exchange lately
Dan Bitcurity
you should check it out, and look close at both coinpal and mintpal
Christopher
cuy boxes and sell boxes with a graph. How many different ways can it be done? A lot of exchanges look alike
Mintpal is killing it, so I'd want my exchange modeled after an already profitable one. I don't see the problem. ..at all

Kenta

sr. member

Activity: 420

Merit: 250

Quote from: Ghris on June 14, 2014, 04:28:10 AM

Allright, raising the IPO flag is probably good for Ryan G.

Let's sum up:
200.000 shares x 0.00075 = 150 btc
1.100 shares x 0.001 = 1.1 btc

That totals to 151.1 btc

Expenses (dividends) to shareholders:
57.034 btc.

151.1-57.034 = 94.066 btc left.

So now he drops the ipo flag, the price drops like a brick. After this drop, coinpal will announce some large security issue which can't be resolved. And don't worry, shareholders will be compensated! We will buy back the shares at current price! HOORAAAY

Current price will probably end up at something like 0.00004.
0.00004*201.100 = 8.044 btc.

So Ryan G. is a good guy who bought back his shares! although he walks away with 86 btc.

Not much, really. And he's probably done some programming or hired a guy to do the programming for him. That leaves him with very little money, if it ever was supposed to be a scam.

The site doesn't look bad at all. If it scales well and the back-end system is robust, it could become a better exchange even than Mintpal (which isn't really that good imho)

I hope he will take in some more of the new X11 and X13, and some exotic coins with potential. Otherwise, I'm afraid it's a few months too late to have any impact on the market. Please don't add Cage, that coin is dead and should have been buried long time ago!

The share might be a good buy at 0.000065

Lets leave the past behind and look forward! Grin

Congratulations to Ryan! (& Ryan?!)

Ghris

sr. member

Activity: 356

Merit: 250

Allright, raising the IPO flag is probably good for Ryan G.

Let's sum up:
200.000 shares x 0.00075 = 150 btc
1.100 shares x 0.001 = 1.1 btc

That totals to 151.1 btc

Expenses (dividends) to shareholders:
57.034 btc.

151.1-57.034 = 94.066 btc left.

So now he drops the ipo flag, the price drops like a brick. After this drop, coinpal will announce some large security issue which can't be resolved. And don't worry, shareholders will be compensated! We will buy back the shares at current price! HOORAAAY

Current price will probably end up at something like 0.00004.
0.00004*201.100 = 8.044 btc.

So Ryan G. is a good guy who bought back his shares! although he walks away with 86 btc.

badpeanut

sr. member

Activity: 333

Merit: 251

Karma is a Btc

Man, what a day. I totally forgot its Friday the 13th Cry

Thank you Coinpal, the oasis "Orderbook" has dried up and im still HODL

MrWDunne

sr. member

Activity: 322

Merit: 250

Quote from: SamboNZ on June 13, 2014, 05:21:14 PM

@MintPal-Jay: Can you confirm with 100% certainty that CoinPal is using code directly copied from MintPal?

I think he's saying design yes, but script no. You can't just pull the PHP off of the server without some kind of back-door.

SamboNZ

sr. member

Activity: 1064

Merit: 253

@MintPal-Jay: Can you confirm with 100% certainty that CoinPal is using code directly copied from MintPal?

amdfxman1701

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Activity: 367

Merit: 250

lol, this is just getting sad. Roll Eyes

RiverBoatBTC

full member

Activity: 224

Merit: 100

Quote from: badpeanut on June 13, 2014, 01:04:16 PM

IPO flag dropped, SALE SALE SALE

Announcements

Ticker COINPAL - COINPAL - EXCHANGE & PROFIT MINING POOL
Date 13 Jun 16:16 COINPAL IS LIVE | IPO FLAG DROPPED | SHARE TRADING BEGINS | PROMO v2

Hello all Shareholders,
We have been on a long journey all of us, and we finally made it to the oasis. Come in and get your feet wet [COINPAL] !

Haha i laughed after reading the first sentence. Not sure if i feel scammed or get trolled lol

Wow, that is insulting.

badpeanut

sr. member

Activity: 333

Merit: 251

Karma is a Btc

IPO flag dropped, SALE SALE SALE

Announcements

Ticker COINPAL - COINPAL - EXCHANGE & PROFIT MINING POOL
Date 13 Jun 16:16 COINPAL IS LIVE | IPO FLAG DROPPED | SHARE TRADING BEGINS | PROMO v2

Hello all Shareholders,
We have been on a long journey all of us, and we finally made it to the oasis. Come in and get your feet wet [COINPAL] !

Haha i laughed after reading the first sentence. Not sure if i feel scammed or get trolled lol

nwfella

legendary

Activity: 1582

Merit: 1000

Well hello there!

This just keeps getting better and better.

Ghris

sr. member

Activity: 356

Merit: 250

Quote from: MintPal-Jay on June 13, 2014, 07:21:31 AM

They didn't get and don't have any permission from us. Complete lack of imagination to both copy the whole site layout and use a similar name.

I'd warn users against using a site that has directly copied another site.

Well, here we have our answer. Ryan Gay is scamming us. Proof enough guys?

MintPal-Jay

member

Activity: 106

Merit: 10

They didn't get and don't have any permission from us. Complete lack of imagination to both copy the whole site layout and use a similar name.

I'd warn users against using a site that has directly copied another site.

MrWDunne

sr. member

Activity: 322

Merit: 250

Bitcoin-ex.eu is the associated twitter account.

Basically he's got some cheap and nasty script and stuck it on a VPS.

Ghris

sr. member

Activity: 356

Merit: 250

Then we should contact mintpal and ask if coinpal got permission. Then we know the final answer... if no one has done it in 7 hours, ill do it. Im at work atm.

Topic: [IPO] CoinPal - Crypto-Currency Exchange & Profit Switching Mining Pool {NEW} - page 17. (Read 79912 times)