game is over friends
they will never pay you back your BTC
it was a scam
Topic: Mintpal payouts (Read 2517 times)
My btc still pending there.
you can't received your btc again mate.
my btc still pending there over 1 week
They robbed me over over 1 BTC .. RYAN KENNEDY SCAM
Waaaa! Waaaaa! I stole 80k and I won't even address it! How dare they steal 1 btc from me. FROM ME! I'm the Scammy Clown damn it! Me! I am the one who steals from everyone not you!
I got all my coins back.
They didn't all arrive at once but I had about 5 different cryptos on Mintpal. I put withdrawal addresses into the emergency withdrawal form and they started turning up a couple of days later. The last one to arrive was DRK which came about a day later.
Insurance will not be adequate unless it protects against all eventualities so no matter what happens the collateral is forefeit should the coins be lost, hacked, stolen from inside or outside the company, passwords forgotten, private keys lost etc
The problem is for an exchange to have any depth they need it to grow and as it grows upwards of a million usd the temptation gets harder to resist and also when the volume is increasing daily like it probably does in all successful exchanges the insurance for depositors would have to increase again to negate the risk of embezzlements
If someone is insured up to say 1 million usd and their deposits grows to 5 million worth there is new incentive to steal the 5 million and Forefit the 1 million in escrow so a third party audit would be necessary and who is going to be trusted to keep the insurance money and monitor the balance sheet if not the exchanges themselves who obviously can't be trusted once they exceed a certain size
A lot of ddifficulties arise in trying to design an exchange to be bulletproof from every possible Angle but until it's taken care of it will hinder btcs progress to main stream adoption
The problem is for an exchange to have any depth they need it to grow and as it grows upwards of a million usd the temptation gets harder to resist and also when the volume is increasing daily like it probably does in all successful exchanges the insurance for depositors would have to increase again to negate the risk of embezzlements
If someone is insured up to say 1 million usd and their deposits grows to 5 million worth there is new incentive to steal the 5 million and Forefit the 1 million in escrow so a third party audit would be necessary and who is going to be trusted to keep the insurance money and monitor the balance sheet if not the exchanges themselves who obviously can't be trusted once they exceed a certain size
A lot of ddifficulties arise in trying to design an exchange to be bulletproof from every possible Angle but until it's taken care of it will hinder btcs progress to main stream adoption
I think it's better to open a scamm accusaion in the properly section , what do you think guys ?
Edit: I've found this : https://bitcointalksearch.org/topic/mintpal-exchange-823849
Edit: I've found this : https://bitcointalksearch.org/topic/mintpal-exchange-823849
Yes, one should make a thread right now.
Yes i know ppl who got his money back, but i know ppl who didnt got his money back yet, maybe this will take some time to them i dont know.
So what can i tell you is that:
1-they are working on it and you will received it soon.
2-they havent enought money to pay back everybody.
i hope they are on the number #1.
So what can i tell you is that:
1-they are working on it and you will received it soon.
2-they havent enought money to pay back everybody.
i hope they are on the number #1.
They are at number 2.
I think its incedents like this that will if there ever is cause a death of bitcoin... companies that are holding over a s certain amount of count needs a checks/balances system in check to insure all coins are being held with some type of insurance
Yes i know ppl who got his money back, but i know ppl who didnt got his money back yet, maybe this will take some time to them i dont know.
So what can i tell you is that:
1-they are working on it and you will received it soon.
2-they havent enought money to pay back everybody.
i hope they are on the number #1.
So what can i tell you is that:
1-they are working on it and you will received it soon.
2-they havent enought money to pay back everybody.
i hope they are on the number #1.
They are at number 2.
I think it's better to open a scamm accusaion in the properly section , what do you think guys ?
Edit: I've found this : https://bitcointalksearch.org/topic/mintpal-exchange-823849
Edit: I've found this : https://bitcointalksearch.org/topic/mintpal-exchange-823849
all mintpal coisn are gone guys, live with it
People behind it, should get their fingers cut off.
i have no Bitcoin on Mintpal ,so i am lucky.
In the beginning I don't understand Mintpal,so i only put my coins on it a little time,no more than 48 hours.
In the beginning I don't understand Mintpal,so i only put my coins on it a little time,no more than 48 hours.
My btc still pending there.
does any one like me that not believe mintpal real oss btc?
received my alt coin, but my BTC still pending there over 3 days
If it can happen with Mintpal then you can't trust any exchange for holding your money. Withdraw all your coins and keep them safe in a cold wallet where you are in control.
It's amazing that after gox spectacular meltdown people are still leaving significant amounts
of btc under the exchanges control
I imagine the same people will get Burned again when btcE or the other big exchange owners decide to retire
and get "hacked".........
I think it's a matter of when and not if this happens again...
of btc under the exchanges control
I imagine the same people will get Burned again when btcE or the other big exchange owners decide to retire
and get "hacked".........
I think it's a matter of when and not if this happens again...
MintPal stole your money. It's a common theme lately in the Bitcoin world, unfortunately.
It is something that will commonly happen when a company controls a large number of bitcoin that they did not earn themselves and are simply holding on behalf of others. This is because as an exchange starts to hold more bitcoin, they will become a larger target for both internal and external targets 
People keep saying 'if you don't own the private key - you don't own the bitcoin'.
Not so hard.
Sorry for your losses guys. But remember bitcoinland is still the wild west - protect yourself.
Not so hard.
Sorry for your losses guys. But remember bitcoinland is still the wild west - protect yourself.
This type of incident only cast a bad name for bitcoin. Although it is not bitcoin's fault in any way, indirectly it takes away the confidence of people who invested money in it. This is especially more damaging for newcomers who have getting started.
MintPal stole your money. It's a common theme lately in the Bitcoin world, unfortunately.
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