Author

Topic: [KPS] Coinsortium has disabled withdrawls. (Read 2289 times)

sr. member
Activity: 294
Merit: 250
October 23, 2014, 08:43:16 AM
#12
Guys,
apparently Coinsortium.co is suffering the aftermath of a DDOS attack. We are looking into this and it will be solved ASAP.

Do not panic, all your funds are safe  Smiley
legendary
Activity: 1386
Merit: 1000
October 10, 2014, 08:18:33 AM
#11
I am now unable to issue bids on our company. This places me in violation of our contract: To support the share price and allow investors to get out at a fair price if they want to sell.

I'm sorry, there's nothing I can do.

If Coinsortium does not fix this soon, I am not sure what we are going to do because coinsortium didn't give us a list of our shareholders.

As I explained in your help us with our IPO thread, the entire crypto "securities" economy is nothing but scams, frauds, or failures, including the exchanges. You might try another exchange, but sooner or later will get burned by it as well, guaranteed. If you want to raise funds for a legitimate business venture, stay far away from bitcoin. That's just the sad truth of it.

I'm not sure you have the experience to make that sort of judgement.

He's been here for quite a bit longer than you have; it seems that he probably has a better lock on this industry than you do, having been here for over a year to your two months.

That being said, I think it's a little hyperbolic, but the majority of projects here are bad investments or outright scams.
full member
Activity: 206
Merit: 100
October 10, 2014, 01:41:48 AM
#10
I am now unable to issue bids on our company. This places me in violation of our contract: To support the share price and allow investors to get out at a fair price if they want to sell.

I'm sorry, there's nothing I can do.

If Coinsortium does not fix this soon, I am not sure what we are going to do because coinsortium didn't give us a list of our shareholders.

As I explained in your help us with our IPO thread, the entire crypto "securities" economy is nothing but scams, frauds, or failures, including the exchanges. You might try another exchange, but sooner or later will get burned by it as well, guaranteed. If you want to raise funds for a legitimate business venture, stay far away from bitcoin. That's just the sad truth of it.

I'm not sure you have the experience to make that sort of judgement.
sr. member
Activity: 420
Merit: 250
October 09, 2014, 01:14:15 AM
#9
I am now unable to issue bids on our company. This places me in violation of our contract: To support the share price and allow investors to get out at a fair price if they want to sell.

I'm sorry, there's nothing I can do.

If Coinsortium does not fix this soon, I am not sure what we are going to do because coinsortium didn't give us a list of our shareholders.

As I explained in your help us with our IPO thread, the entire crypto "securities" economy is nothing but scams, frauds, or failures, including the exchanges. You might try another exchange, but sooner or later will get burned by it as well, guaranteed. If you want to raise funds for a legitimate business venture, stay far away from bitcoin. That's just the sad truth of it.
thy
hero member
Activity: 685
Merit: 500
October 08, 2014, 08:26:22 PM
#8
What is happening?! They haven't posted anything on twitter for one month!

Does support work? What do they say? I've sent the email.

Isn't someone from Coinsortium on this forum?

I bought small amounts of stocks on it, hope everything will be ok.

EDIT: Killerloop is their Community Service Manager - https://bitcointalksearch.org/user/killerloop-296610
jayc89 https://bitcointalksearch.org/user/jayc89-142423 is the owner of the coinsortium exchange.
He did mention an update of there software causing problems in ths thread https://bitcointalksearch.org/topic/m.9121059
legendary
Activity: 1036
Merit: 1000
October 07, 2014, 09:05:56 AM
#7
No surprise here. They were cryptostocks without as much "trust" (cryptostocks isn't trustworthy either, at least they have been around for a while).
full member
Activity: 206
Merit: 100
October 07, 2014, 08:46:50 AM
#6
Shareholders, contact me IMMEDIATELY.

https://bitcointalksearch.org/topic/m.9116213

We are exiting coinsortium effective immediately.
newbie
Activity: 11
Merit: 0
October 07, 2014, 02:14:35 AM
#5
What is happening?! They haven't posted anything on twitter for one month!

Does support work? What do they say? I've sent the email.

Isn't someone from Coinsortium on this forum?

I bought small amounts of stocks on it, hope everything will be ok.

EDIT: Killerloop is their Community Service Manager - https://bitcointalksearch.org/user/killerloop-296610
member
Activity: 118
Merit: 10
October 06, 2014, 11:09:18 PM
#4
coinsortium.co is down right now.
full member
Activity: 206
Merit: 100
October 06, 2014, 08:56:39 AM
#3
How do we contact coinsortium support? I am getting concerned.

I e-mailed [email protected].

I am now unable to issue bids on our company. This places me in violation of our contract: To support the share price and allow investors to get out at a fair price if they want to sell.

I'm sorry, there's nothing I can do.

If Coinsortium does not fix this soon, I am not sure what we are going to do because coinsortium didn't give us a list of our shareholders.
full member
Activity: 206
Merit: 100
October 05, 2014, 12:22:09 AM
#2
How do we contact coinsortium support? I am getting concerned.

I e-mailed [email protected].
full member
Activity: 206
Merit: 100
October 04, 2014, 09:40:13 PM
#1
This is a note to confirm that coinsortium.co has disabled user's ability to withdraw BTC.

However, we have had our withdrawl processed manually, so there is no issue on our end.
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