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Topic: [NEW EXCHANGE] Kingcoiny closes his platform 17 Oct. Please withdraw your coins (Read 2946 times)

member
Activity: 65
Merit: 10
It's take a long time but finnaly my problem is sloved now.
RIP Kingcoiny
hero member
Activity: 910
Merit: 500
Sorry for hear that.
Is there any chance that I'll get a solution?
And next time please use your own e-mail address as BC and every other e-mail address as BCC.
Now I have 312 crypto user e-mail address and 312 other crypto user have my e-mail address.

all problems will be solved and sorry for the email....
member
Activity: 65
Merit: 10
Sorry for hear that.
Is there any chance that I'll get a solution?
And next time please use your own e-mail address as BC and every other e-mail address as BCC.
Now I have 312 crypto user e-mail address and 312 other crypto user have my e-mail address.
hero member
Activity: 910
Merit: 500
We're sorry to announce that we will close this service at the 17th of
october
.

As we never reached the volume to even pay our server costs we can't
justify it any longer to keep this service running. We turned already
deposits, trading and registration off.

PLEASE withdraw your coins before 17 Oct 1PM GMT +1

hero member
Activity: 910
Merit: 500
I saw your PM but have always the same reply. I'm not the tech guy and the adventure of kingcoiny seems to take off when i see the second dev doesn't give me a sign since as long as your request....The second tech guy is in holidays and i have no news from him too.

Hope they'll move ASAP.
the best.
Ben
member
Activity: 65
Merit: 10
6 days pass and still no solution to my problem and no reply (last PM send Today at 08:50:16 AM, bep42 last online Today at 06:16:26 PM)
I had there a few trades/deposit/withdraw but in last time they just sc*ew the things up.
If you have problem with site/wallests then just freeze deposit and slove the missing deposits problem first. And do not let people to do new deposits if you already know that there is a problem!

Tomorrow at 12:00 (GTM+2) I'll post to "Scam Accusations" forum if I don't get a solution.
If you have missing deposit/withdraw too please PM me.
hero member
Activity: 910
Merit: 500
You seriously can't think this site/company is worth 200 BTC at this stage! That's nearly $100,000. I think that would have been a fair valuation if you had many coins with decent value but currently your business is just a well designed and functioning script. Nothing more.

We know that.
But this is how much we need to really improve and launch the site as well as we hope.
And we talk about the money we need right now.

A 40 BTC valuation at this stage is probably more appropriate.

100% ok with you about valuation. And we definitely know that the first is dependent of the second (amount we need/valuation) but we can't make something serious on several months with 10 BTC (4,700$).

What do you think and suggest?
full member
Activity: 153
Merit: 100
I was interested your site design looks really good and seems very functional etc but I don't think I will be investing for a few reasons.

1. Your team has a great background but with new investors coming on-board etc it will be far too big, and far too many people sharing their opinions. Also, it seems nobody in your team is a business developer or marketer which is why I suspect you guys have had some management mess ups.

2. I could have probably lived with the first issue but for me the biggest issue regardless of the first point is your valuation.

You seriously can't think this site/company is worth 200 BTC at this stage! That's nearly $100,000. I think that would have been a fair valuation if you had many coins with decent value but currently your business is just a well designed and functioning script. Nothing more.
A 40 BTC valuation at this stage is probably more appropriate.

Sorry to be so harsh but I think you guys need to know what any serious investor is thinking.

My recommendation would be seriously reduce your valuation, try get a team member to quit in exchange for BTC and get a good business dev or marketer on-board.


Thanks and I wish the best of luck to you guys , hope that lovely looking site sees some volume go its way.

Thanks
hero member
Activity: 910
Merit: 500
I don't understand why you react like that. We know exactly how much we need and i'll explain it.
First i just like you understand one more thing : this is a serious campaign and we need serious investors. I mean first it should be interesting to establish another contact that a post on our thread with all details. Are you interested? Do you want to know more about us, about Kingcoiny? I can explain exactly why and what we're looking for investors.

Now if you need to have a fixed price we hope to reach these step : 2 BTC = 1%
And on your suggestion/interrogation I'll detail the plan.

Why I'm reacting like this is because you've created this thread to attract serious investors, but you've forgotten the most important piece of information an investor is going to want to know. If you require everyone to PM you for details, you will lose a large portion of potential investors who just can't be bothered to chase you up.

People are lazy, don't make it harder for them to give you money!

Why not put 2 BTC = 1% into the first post on this thread?

It's done, thanks for the suggestions
legendary
Activity: 1008
Merit: 1007
I don't understand why you react like that. We know exactly how much we need and i'll explain it.
First i just like you understand one more thing : this is a serious campaign and we need serious investors. I mean first it should be interesting to establish another contact that a post on our thread with all details. Are you interested? Do you want to know more about us, about Kingcoiny? I can explain exactly why and what we're looking for investors.

Now if you need to have a fixed price we hope to reach these step : 2 BTC = 1%
And on your suggestion/interrogation I'll detail the plan.

Why I'm reacting like this is because you've created this thread to attract serious investors, but you've forgotten the most important piece of information an investor is going to want to know. If you require everyone to PM you for details, you will lose a large portion of potential investors who just can't be bothered to chase you up.

People are lazy, don't make it harder for them to give you money!

Why not put 2 BTC = 1% into the first post on this thread?
hero member
Activity: 910
Merit: 500
We'll make the connection. If you're interested you can PM me for more info and prices.

So you've created this thread to attract investors, yet you won't disclose THE most important part in advance?

Either you are giving different people different ratios of BTC to shares, or you just have no idea how to market yourselves.

I don't understand why you react like that. We know exactly how much we need and i'll explain it.
First i just like you understand one more thing : this is a serious campaign and we need serious investors. I mean first it should be interesting to establish another contact that a post on our thread with all details. Are you interested? Do you want to know more about us, about Kingcoiny? I can explain exactly why and what we're looking for investors.

Now if you need to have a fixed price we hope to reach these step : 2 BTC = 1%
And on your suggestion/interrogation I'll detail the plan.
legendary
Activity: 1008
Merit: 1007
We'll make the connection. If you're interested you can PM me for more info and prices.

So you've created this thread to attract investors, yet you won't disclose THE most important part in advance?

Either you are giving different people different ratios of BTC to shares, or you just have no idea how to market yourselves.
hero member
Activity: 910
Merit: 500
Hmm sounds interesting , how many of you in the team ? and what are their roles and experience. Cheers

4 experimented members in our team :

  • 1 lead developer, 30 years old, He worked on Potcoin dev and has a +10 years experience in dev
  • 1 front-end developer, 31 years old, he has a +10 years experience in web (animation, website, print...)
  • 1 lead designer, 26 years old (me), I design since I was 8. I work as a freelancer since 2010 and teach at a french university about web design, web strategy, ... check my dribbble.com/bpdesign
  • 1 security guy, 28 years old, he has a +5 years experience in bank security and penetration test.


full member
Activity: 153
Merit: 100
Hmm sounds interesting , how many of you in the team ? and what are their roles and experience. Cheers
hero member
Activity: 910
Merit: 500
What do you mean? Shares? We offer until 20% shares so it depends on investments.

So if I give you 0.1 BTC I get how many shares?

How about 100 BTC?

Is there some connection between BTC paid and shares, or do you just make it up?

Cheers, Paul.

We'll make the connection. If you're interested you can PM me for more info and prices.
legendary
Activity: 1008
Merit: 1007
What do you mean? Shares? We offer until 20% shares so it depends on investments.

So if I give you 0.1 BTC I get how many shares?

How about 100 BTC?

Is there some connection between BTC paid and shares, or do you just make it up?

Cheers, Paul.
hero member
Activity: 910
Merit: 500
member
Activity: 65
Merit: 10
Yep i have replied to you.
For the blank page this is due to the server and his full capacity. That's why we're looking for investors.
The guy from the technical support has been informed for you issues.

We'll get back to you soon.
Ok, I read it. Waiting to slove the problem. Good luck
I'll update my post when you guys reslove the problem and inform everybody
hero member
Activity: 910
Merit: 500
Yep i have replied to you.
For the blank page this is due to the server and his full capacity. That's why we're looking for investors.
The guy from the technical support has been informed for you issues.

We'll get back to you soon.
member
Activity: 65
Merit: 10
Same thing happened to me too. It was almost 5 days now and still it doesn't show in my wallets. Admin says the site is active, but can't trade as deposits are not showing. Pages are not loading properly. Can't contact support.

To be honest my overall experience is so bad Sad
This is not encouraging. In the past I had a good experience with this exchange, I hope they will fix it.
I tweeted them, send a PM to bep42, opened a ticket so i hope they will reply to me.
 
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