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Topic: IS PRIVCOIN.IO A SCAM (Read 449 times)

newbie
Activity: 4
Merit: 0
December 01, 2019, 12:51:14 PM
#26
The problem is resolved.
Today they answered and reported that there was a delay in all transactions.
Probably a technical problem.
My coins arrived at my addresses.
Claim withdrawn.
But my nerves and trust  is spoiled.
Two days passed before support answered me.
On the website of service it is written that they answer within 12 hours.
Probably service works in automatic mode and little time is devoted to support.
Therefore, they solve technical problems for a long time.
newbie
Activity: 32
Merit: 0
December 01, 2019, 06:30:39 AM
#25
Wrote in support.
It's been 42 hours.
I did not receive a response, but my coins arrived later.
Then it seemed suspicious to me, but I decided to use their service again.
This time my coins did not arrive at any of their BTC addresses.
Wrote here, in the hope that support will pay attention to my problem.

That is very suspicious sequence of events Imo.
Aynway, I hope PrivCoin's support will help you solve this problem.
From my point of view - they are trust worthy, but I haven't used them and can't tell for sure
legendary
Activity: 2758
Merit: 6830
November 30, 2019, 03:48:54 PM
#24
This time my coins did not arrive at any of their BTC addresses.
 Wrote here, in the hope that support will pay attention to my problem.
If they don't answer you, consider posting your letter of guarantee to prove that you really mixed in their website and didn't receive any coins. Then, create a trust flag against them.
newbie
Activity: 4
Merit: 0
November 30, 2019, 02:46:02 PM
#23
Used this mixer on November 29th.
Money did not arrive at any of my BTC addresses.
Wrote in support.
Silence.
It's been 42 hours.
 There is no answer and no coins either.
I checked everything, I indicated all the addresses correctly.
Used TOR address.
I entered all the details and page addresses correctly.
Used this mixer many times before.
There was only one problem once about 10 days ago.
Some of the coins at the indicated time did not arrive at one of their addresses.
Wrote in support.
I did not receive a response, but my coins arrived later.
Then it seemed suspicious to me, but I decided to use their service again.
This time my coins did not arrive at any of their BTC addresses.
 Wrote here, in the hope that support will pay attention to my problem.
legendary
Activity: 2758
Merit: 6830
November 15, 2019, 12:21:37 PM
#22
Thank you for your support! For how long should I wait before taking actions? Its been under a day so far (Yesterday 2019-11-14 15:11 UTC) so my hope is not all gone yet...
Personally, I would probably wait another day. But let's see. You are free to demand your coins at any time and create a trust flag if you feel enough time has passed.

Edit: just noticed the previous post where you say your issue was solved. Glad to read that.
newbie
Activity: 7
Merit: 5
November 15, 2019, 06:42:25 AM
#21
If they don't answer to this, I will give them a negative trust and advise you to create a trust flag so I can support it.
Thank you for your support! For how long should I wait before taking actions? Its been under a day so far (Yesterday 2019-11-14 15:11 UTC) so my hope is not all gone yet...

newbie
Activity: 7
Merit: 5
November 14, 2019, 06:46:03 PM
#20
Case SOLVED! Support replied within 24h and I got a full refund! Trust restored :-)
legendary
Activity: 3234
Merit: 2943
Block halving is coming.
November 14, 2019, 06:09:56 PM
#19
Yes. I am aware of that. It's fine though. Got nothing to hide. I use mixers for transfers because I believe in the right of privacy. But the transaction is clean... So if there is any chance of recovering my funds I do not mind sharing the details of it...
No one could recover your funds except for privcoin support so better wait for their response.

How you end up using their service instead of using other mixers? Their announcement thread here on the forum is not so active this year.
Honestly, I can't access their website I tried to whitelist it with my antivirus but it still blocks by my browser and metamask plugin.

Also, check their announcement thread from here bitcointalk.org/index.php?topic=2164614.200 and report your issue and maybe they can see your post.
newbie
Activity: 7
Merit: 5
November 14, 2019, 04:43:07 PM
#18

Note that, if you recover your funds, your privacy is gone after posting your Letter of Guarantee.

Yes. I am aware of that. It's fine though. Got nothing to hide. I use mixers for transfers because I believe in the right of privacy. But the transaction is clean... So if there is any chance of recovering my funds I do not mind sharing the details of it...
newbie
Activity: 7
Merit: 5
November 14, 2019, 04:31:04 PM
#17

Yes, you are right. You used the real website and the LoG is legit. Have you tried contacting them? Their email is [email protected] (source).

If they don't answer to this, I will give them a negative trust and advise you to create a trust flag so I can support it.


Yes. I did send them an email to the email address you mentioned. About 3 hours or so ago, after I had 10 confirmations (usually it ALWAYS worked with a single confirmation) I started to wonder. But he has not been active anywhere I could see for about a year (twitter, bitcointalk, reddit). So not really expecting an instant reply. Let's hope for a miracle! Because this is a fortune for me to be honest...  
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
November 14, 2019, 04:27:58 PM
#16
I did not use a phishing website I believe. https://www.privcoin.io/bitcoin/id/?id=f3f69d93
you can see on the website that I deposited the bitcoins in the given address.
You should probably not have posted that link here, but from there, I have been able to verify your Letter of Guarantee. The version you posted may have had a different space or line break or something.

Quote
So I was I scammed and the money is gone or is there any chance of an error and the service being legit and I getting a refund? Any advice?
Have you sent them an email?
Code:
Support e-mail: [email protected]

Note that, if you recover your funds, your privacy is gone after posting your Letter of Guarantee.
legendary
Activity: 2758
Merit: 6830
November 14, 2019, 04:22:30 PM
#15
The address is correct, but I can't verify the signature.
Looks like the signature is valid but copying it from OP's post makes it look invalid. I went to the link OP posted above (his session), downloaded the Letter of Guarantee, checked again and it worked (verify here).

edit: Apparently there is an extra space after the first paragraph? (see).

I did not use a phishing website I believe.
Yes, you are right. You used the real website and the LoG is legit. Have you tried contacting them? Their email is [email protected] (source).

If they don't answer to this, I will give them a negative trust and advise you to create a trust flag so I can support it.
newbie
Activity: 7
Merit: 5
November 14, 2019, 04:17:12 PM
#14


The address is correct, but I can't verify the signature. Did you verify the Letter of Guarantee before depositing?
Is it possible you used a phishing site?



Update:
I couldn't verify the message. It says the signature is invalid.

Did you try verifying the message? Are you sure you were on the real PrivCoin and didn't end up using a phishing website?
I had this page open for a while before I responded, but I'll keep my quote of the (fake) signed message.


I did not use a phishing website I believe. https://www.privcoin.io/bitcoin/id/?id=f3f69d93
you can see on the website that I deposited the bitcoins in the given address.

I used it at least 10 times before with over 1 BTC per Transfer. Never had a problem...

No, I have to be honest. I did not verify the message. Never did, never had a problem so far...

So I was I scammed and the money is gone or is there any chance of an error and the service being legit and I getting a refund? Any advice?
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
November 14, 2019, 03:16:46 PM
#13
-----START SIGNING BITCOIN ADDRESS-----
1PWkrKzNXn7GqgahXuUiSRiPyu1iGo2fDx
-----END SIGNING BITCOIN ADDRESS-----

-----START LETTER OF GUARANTEE-----
We hereby confirm that PrivCoin has generated the address 31ndDmW7FngTkmzej9DXRAPRQGxw5VupRX in order to transfer the incoming amount minus fee to the following addresses:

100% to 333NWkMuE5PL5kPTBiKjhL85jBjP6EVDtP with a delay of 0 minutes.

This service will only be available for all coins sent between 2019-11-14 15:11 UTC and 2019-11-15 15:11 UTC with a minimum incoming amount of 0.005 BTC and a maximum amount of 18.96830901 BTC. Our fee will be 0.52130% + 0.0005 BTC for every forward address.
This letter is digitally signed by our main Bitcoin account: 1PWkrKzNXn7GqgahXuUiSRiPyu1iGo2fDx. Stay private and thank you for using us.
-----END LETTER OF GUARANTEE-----

-----START DIGITAL SIGNATURE-----
INF5DvCfUxy0aV7IP2ROsUTtiHdKyk2QoViRsiRPr9aAHkyzV84XZ9UDmNbDkMk9UVFHyhvluz/S9nne6TU7GOg=
-----END DIGITAL SIGNATURE-----
The address is correct, but I can't verify the signature. Did you verify the Letter of Guarantee before depositing?
Is it possible you used a phishing site?



Update:
I couldn't verify the message. It says the signature is invalid.

Did you try verifying the message? Are you sure you were on the real PrivCoin and didn't end up using a phishing website?
I had this page open for a while before I responded, but I'll keep my quote of the (fake) signed message.
legendary
Activity: 2758
Merit: 6830
November 14, 2019, 02:50:39 PM
#12
I have successfully used privcoin.io in the past - however this time I sent 1 BTC and never received anything. Does anyone know how to get a hold of the person running this service? Or must I consider my coins being lost to fraud?

Here is my letter of guarantee if it counts for anything....

Thanks for any help or tips!

~snip~
I couldn't verify the message. It says the signature is invalid.

Did you try verifying the message? Are you sure you were on the real PrivCoin and didn't end up using a phishing website?
newbie
Activity: 7
Merit: 5
November 14, 2019, 02:21:49 PM
#11
TOPIC SOLVED! Support replied within 24h and I got a full refund! Trust restored :-)
--------------------------------------------------------------------------------
I have successfully used privcoin.io in the past - however this time I sent 1 BTC and never received anything. Does anyone know how to get a hold of the person running this service? Or must I consider my coins being lost to fraud?

I have a letter of guarantee if it counts for anything....

Thanks for any help or tips!
--------------------------------------------------------------------------------
TOPIC SOLVED! Support replied within 24h and I got a full refund! Trust restored :-)
sr. member
Activity: 297
Merit: 251
Founder, Filmmaker, Fun Guy
May 30, 2018, 12:21:18 AM
#10
I have friends who use this service with no problems.
full member
Activity: 356
Merit: 113
May 15, 2018, 09:58:14 AM
#9
A copy of the email sent to MetaMask for full transparency from our official support email:


Quote
Hello,

Your service has incorrectly and improperly listed privcoin.io as a scam site

As you can see, the users that noticed have used our service and think otherwise:

https://github.com/MetaMask/eth-phishing-detect/issues/1598

https://bitcointalksearch.org/topic/is-privcoinio-a-scam-3805294

I can say that nobody from your site has ever tried us or you would have never listed us to begin with. There are no scam reports on the internet, there is no proof of any scamming anywhere that you can show. We provide a cryptographically signed letter of guarantee so that our users can prove if we scam them.

Sometimes something will go wrong like dropped transactions on the ETH network but 1 email to us will resolve it so if you can show an email contact attempt AND an unfulfilled letter of guarantee then we'll accept the blacklist.

The scam address we are accused of owning is https://etherscan.io/address/0xa3e785ee490e1102fe32512973c96Dc7DC876348 but we clearly do not deal with tokens and think all EC20 tokens are worthless.

It somewhat describes the integrity of the blacklist in the way that nobody tried our services with $10 worth of crypto before listing us as a scam but a swift removal and whitelist would go a long way to restoring that.
legendary
Activity: 3080
Merit: 1353
May 15, 2018, 12:48:46 AM
#8
thanks TryNinja for that prompt answer

It's clear this service has never even tried our service before blacklisting as they are completely wrong.
Probably you could visit the github section to clear your names out, hope its not sabotage from competitors or some customers...

All the best PrivCoin!


One of our users has already posted and they will either remove us if they are a legitimate blacklist or they won't. Nobody from their site attempted to contact us to resolve any issues or address any complaints.

We currently have over 2,000 ETH in our reserve. There is no point to scamming 40 ETH and some tokens as they accuse us of doing in their Github.

Almost all of our customer requests fall into one of the following categories:

* Sent too little coins
* Sent too much coins over our limits
* Didn't see our transaction to their wallets for some reason
* Used a contract for ETH receiving
* User didn't pay enough BTC fee to confirm fast
* Sometimes we broadcast a transaction and the network drops it. This is the only one that's partially our fault and we fix those very quick when they happen rarely.

If any user has an outstanding support request and isn't satisfied yet then send an email and I will keep a personal eye on them for the next 48 hours as opposed to a rep.

Really nice to see this kind of quick response from the owner/developer itself. I have notice Privcoin since its inception in the cryptoverse because you used to have a signature campaign here isn't it? But may I suggest that you contact them directly and try to resolved the issue. You already built your reputation and a simply email or tweet will not hurt you. Their might be others wanted to destroy your name and don't give them a chance. Reaching out to MetaTask will be a good thing, IMHO. Goodluck to Privcoin.
full member
Activity: 356
Merit: 113
May 14, 2018, 07:21:11 PM
#7
thanks TryNinja for that prompt answer

It's clear this service has never even tried our service before blacklisting as they are completely wrong.
Probably you could visit the github section to clear your names out, hope its not sabotage from competitors or some customers...

All the best PrivCoin!


One of our users has already posted and they will either remove us if they are a legitimate blacklist or they won't. Nobody from their site attempted to contact us to resolve any issues or address any complaints.

We currently have over 2,000 ETH in our reserve. There is no point to scamming 40 ETH and some tokens as they accuse us of doing in their Github.

Almost all of our customer requests fall into one of the following categories:

* Sent too little coins
* Sent too much coins over our limits
* Didn't see our transaction to their wallets for some reason
* Used a contract for ETH receiving
* User didn't pay enough BTC fee to confirm fast
* Sometimes we broadcast a transaction and the network drops it. This is the only one that's partially our fault and we fix those very quick when they happen rarely.

If any user has an outstanding support request and isn't satisfied yet then send an email and I will keep a personal eye on them for the next 48 hours as opposed to a rep.
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