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Topic: WARNING: Crypto::stocks currently not allowing withdrawals - page 3. (Read 4295 times)

legendary
Activity: 1036
Merit: 1000
Its also possible they left funds on the site in order to cover dividend payments, but it is fairly shady
sr. member
Activity: 341
Merit: 251
Karma is a Btc
Ticker "COIN" has just paid dividend to share holders. I wonder if CS wallet is still offline, can anyone confirm?

This should raise a red flag about their listing. If they've managed to pay dividends while wallets are not working, this might mean that they never actually used the funds raised on CS, and simply redistribute them to the stock-holders in a pyramid scheme.

Yeah true, i also tho that.

But they could also have sold shares in these 4 days when CS wallet was down. Perhaps they thought it was better to pay what is left then keep it if CS go down for real. So they try to save themself not losing the coins, shady imo

That would be possible, however, their recent trading history shows prices that are all over the place; so Coin eithers sell their share at market price (shady), or they've never used their funds at all (very shady).

They are not the only project that paid dividend when wallet is offline haha

BCMINECS
MINPIT
WPOOL
SBFS
BITSEED
sr. member
Activity: 341
Merit: 251
Karma is a Btc
I really don't understand why people keept their money with Kumala after Vircurex fiasco. Maybe they are stuck in "securities" with neverending IPO's, is this the explanation?
Anyway, cryptostocks is a joke aproaching to it's end.

Right, stuck with IPO's and some project are good invest like coinfarm. Those guys will pay dividend tru another way if CS ever goes down. Just have to trust the project and aware not to leave much in CS wallet
sr. member
Activity: 462
Merit: 253
Ticker "COIN" has just paid dividend to share holders. I wonder if CS wallet is still offline, can anyone confirm?

This should raise a red flag about their listing. If they've managed to pay dividends while wallets are not working, this might mean that they never actually used the funds raised on CS, and simply redistribute them to the stock-holders in a pyramid scheme.

Yeah true, i also tho that.

But they could also have sold shares in these 4 days when CS wallet was down. Perhaps they thought it was better to pay what is left then keep it if CS go down for real. So they try to save themself not losing the coins, shady imo

That would be possible, however, their recent trading history shows prices that are all over the place; so Coin eithers sell their share at market price (shady), or they've never used their funds at all (very shady).
sr. member
Activity: 341
Merit: 251
Karma is a Btc
Ticker "COIN" has just paid dividend to share holders. I wonder if CS wallet is still offline, can anyone confirm?

This should raise a red flag about their listing. If they've managed to pay dividends while wallets are not working, this might mean that they never actually used the funds raised on CS, and simply redistribute them to the stock-holders in a pyramid scheme.

Yeah true, i also tho that.

But they could also have sold shares in these 4 days when CS wallet was down. Perhaps they thought it was better to pay what is left then keep it if CS go down for real. So they try to save themself not losing the coins, shady imo
sr. member
Activity: 462
Merit: 253
I really don't understand why people keept their money with Kumala after Vircurex fiasco. Maybe they are stuck in "securities" with neverending IPO's, is this the explanation?
Anyway, cryptostocks is a joke aproaching to it's end.

Some of the securities are legit, and Cryptostocks is the only way to invest with them. Cryptsy, Coinfarm, Cannabit are all good.
However, it might still not be worth it to take the risk inherent in dealing with CS, even though these securities are good.
sr. member
Activity: 462
Merit: 253
Ticker "COIN" has just paid dividend to share holders. I wonder if CS wallet is still offline, can anyone confirm?

This should raise a red flag about their listing. If they've managed to pay dividends while wallets are not working, this might mean that they never actually used the funds raised on CS, and simply redistribute them to the stock-holders in a pyramid scheme.
legendary
Activity: 1397
Merit: 1019
I really don't understand why people keept their money with Kumala after Vircurex fiasco. Maybe they are stuck in "securities" with neverending IPO's, is this the explanation?
Anyway, cryptostocks is a joke aproaching to it's end.
sr. member
Activity: 341
Merit: 251
Karma is a Btc
damit, its time to panic buy whats left in our account?

Tbh i was afraid of this weeks ago that this turned into vicurex saga sigh
legendary
Activity: 1610
Merit: 1000
Well hello there!
Ticker "COIN" has just paid dividend to share holders. I wonder if CS wallet is still offline, can anyone confirm?
Confirmed.

Just tried withdrawing my DVC, still getting wallet offline error

lmao at the Karpeles, Ukyo, tradefortress.io lending kumala a hand to get things back online...that was funny in a painful sort of way
legendary
Activity: 1036
Merit: 1000
I almost listed something on Cryptostocks, but think I will wait and reassess before I do. What we need as a community is to not accept these low standards of service. I really like the idea of what Cryptostocks provides and there definitely is a gap in the market for it, but their execution is terrible. Does anyone know of similar security exchanges? Havelock Investments seems decent, but there are very few securities listed on their exchange.

Havelock's volume is a few times that of cryptostocks. While the variety of shares is important, its better to list on an exchange with good volume than an exchange with no volume and tons of listings (such as cryptostocks)
hero member
Activity: 588
Merit: 504
Maybe Kumala could ask for usagi's help, I heard he's quite good with online wallets.

great idea, perhaps tradefortress, ukyo and karpeles can lend a hand too, all star lineup creating a killer exchange platform
newbie
Activity: 22
Merit: 0
I almost listed something on Cryptostocks, but think I will wait and reassess before I do. What we need as a community is to not accept these low standards of service. I really like the idea of what Cryptostocks provides and there definitely is a gap in the market for it, but their execution is terrible. Does anyone know of similar security exchanges? Havelock Investments seems decent, but there are very few securities listed on their exchange.
sr. member
Activity: 393
Merit: 250
Maybe Kumala could ask for usagi's help, I heard he's quite good with online wallets.
sr. member
Activity: 341
Merit: 251
Karma is a Btc
Ticker "COIN" has just paid dividend to share holders. I wonder if CS wallet is still offline, can anyone confirm?
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
As I understand, all wallets on CS are offline. So probably it just needs restart.

If he was going to scam, he would let people deposit, so he can get more

There are Cryptsy shares on CS, do you thik BigVern would let it slide if its scam?

It's either a scam or an extremely inept operator. Which would make you sleep better at night?
newbie
Activity: 11
Merit: 0
As I understand, all wallets on CS are offline. So probably it just needs restart.

If he was going to scam, he would let people deposit, so he can get more

There are Cryptsy shares on CS, do you thik BigVern would let it slide if its scam?
legendary
Activity: 1610
Merit: 1000
Well hello there!
Just tried withdrawing LTC, DVC, and BTC yet again.  Wallets still offline :/

Way to stay on top of things Kumala

**So now we have MSP, DEBT, and KINETICS all requesting that we disclose our e-mail addresses given how shaky things have been at CS lately I can't really blame them...this is really getting pathetic!  No sense crying over satoshi's lost I guess. 

***Have a feeling the fat lady is warming up on CS fellas.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
the stocks are doing deals as well for this weekend, i have a 0.1 BTC on the way to Cryptostocks but fails to show.

Last time this happened the BTC address was missing about a month ago, I also raised it via email but to be ignored until Monday Morning.


So I am wondering if the chap who runs the site? why dont they have more staff that might work weekends?!

It's run by Kumala.

You may know him from his other popular scam, Vircurex.

http://www.cryptoarticles.com/crypto-news/2014/3/24/vircurex-freezes-users-withdrawals-the-next-mt-gox

https://bitcointalk.org/index.php?topic=569037.0;all

He hasn't been around here since April 11th when he posted in this thread: https://bitcointalk.org/index.php?topic=140700.0;all
sr. member
Activity: 412
Merit: 250
the stocks are doing deals as well for this weekend, i have a 0.1 BTC on the way to Cryptostocks but fails to show.

Last time this happened the BTC address was missing about a month ago, I also raised it via email but to be ignored until Monday Morning.


So I am wondering if the chap who runs the site? why dont they have more staff that might work weekends?!
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