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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mateusz on April 24, 2014, 12:35:09 PM



Title: Mintpal, my wierd feeling
Post by: Mateusz on April 24, 2014, 12:35:09 PM
Hi,

I have some kind of weird feeling about Mintpal on this month.

Not always respecting the rules of the voting list, the new coins they add out of the voting list, ...

They earning a very big amount of money. Especially on this PoS shitcoin hype.

I have no idea how work the Startup in England, but they are claiming to be so. I'm finding no proof of this, even from them.

They hold too much money to me and they bring no proof at all that they are solvent.

Do you guys/ladies know something about them ? Am I paranoid ?


Title: Re: Mintpal, my wierd feeling
Post by: Cryptor on April 24, 2014, 12:40:11 PM
I havent got any problems, actually i like the site pretty much. Still never keep extra coins in exchanges, even big and trusted. Bigger they are, harder they fall.

Only mintpal related problem i have heard for a while was caused by hacked bitstamp ticker extension in google chrome which changed the mintpal deposit addresses, but it was because the extension not because the site

Edit: and ofc they are willing to add pos hypecoin, every exchange creates profit, and well obviously they want to maximise it :D


Title: Re: Mintpal, my wierd feeling
Post by: Mateusz on April 24, 2014, 12:42:23 PM
I havent got any problems, actually i like the site pretty much. Still never keep extra coins in exchanges, even big and trusted. Bigger they are, harder they fall.

Only mintpal related problem i have heard for a while was caused by hacked bitstamp ticker extension in google chrome which changed the mintpal deposit addresses, but it was because the extension not because the site

Yes okay, I haven't got any problem with them too. That not the question.

They claim to be a startup in England, any proof ? Can they decide to quit with all the "money" ?
I'm feeling they acting not as usual this month, and try to max the earnings. It's just a feeling, I would to know if someone else have the same.


Title: Re: Mintpal, my wierd feeling
Post by: Cryptor on April 24, 2014, 12:52:24 PM
Well actually i havent checked the firm out, but my advice when working in crypto world:
Most of the transactions and people are working ann, never trust anyone more then your willing to lose.

What comes to the last month activity, havent noted anything special that would woke up my alarm bells


Title: Re: Mintpal, my wierd feeling
Post by: platorin on April 24, 2014, 01:06:48 PM
Same here. I do not fully trust this site.


Title: Re: Mintpal, my wierd feeling
Post by: Mateusz on April 24, 2014, 01:10:12 PM
Well actually i havent checked the firm out, but my advice when working in crypto world:
Most of the transactions and people are working ann, never trust anyone more then your willing to lose.

What comes to the last month activity, havent noted anything special that would woke up my alarm bells

I have no idea how I can check the firm, and user from England can tell how to ?

What mean the 'Startup' status in England ?


Title: Re: Mintpal, my wierd feeling
Post by: Anotheranonlol on April 24, 2014, 04:46:51 PM
Hi,

I have some kind of weird feeling about Mintpal on this month.

Not always respecting the rules of the voting list, the new coins they add out of the voting list, ...

They earning a very big amount of money. Especially on this PoS shitcoin hype.

I have no idea how work the Startup in England, but they are claiming to be so. I'm finding no proof of this, even from them.

They hold too much money to me and they bring no proof at all that they are solvent.

Do you guys/ladies know something about them ? Am I paranoid ?

you feel some type of way about mintpal ?

you can check companies house for registration info on UK based operations


Title: Re: Mintpal, my wierd feeling
Post by: flipme on April 24, 2014, 09:19:00 PM
I can't take them amiss.
Its a cool site, cool system, the charts suck.

But an exchange? You wouldn't want to call that an exchange in the real world.
The turnover is marginal. No liquidity, peanuts.
You can start a market turmoil for some crap coin with 10 grand or less.
It'll look great. You can circulate coins among exchanges to mock real interest.
Its so easy, much easier than with stocks. A traders dream, actually.
Many no brain deals out there, anytime. Nobodies looking, do as you like.

So they make a market for coins they pick up on, thats in the mix.
The way they run it seems professional.

When ZEIT was running up 1000% last week it was so very clear to me what was going on.
Its not nice, but I'd call it business as usual.

It wouldn't surprise me a bit, if it were a spinoff of some big and bad bankster.


Title: Re: Mintpal, my wierd feeling
Post by: crimealone on April 24, 2014, 09:39:10 PM
mintpal is full of shitcoin


Title: Re: Mintpal, my wierd feeling
Post by: reRaise on April 24, 2014, 09:41:50 PM
Mintpal is corrupt


Title: Re: Mintpal, my wierd feeling
Post by: 1Referee on April 24, 2014, 09:51:10 PM
I stopped using mintpal since I once saw something really strange. I had an open sell order, and I saw some one bought my sell order and some of the sell orders above me. And this all was visible in the transaction history, where you can see the buys & sells that people made. Then suddenly everything changed, my sell order and other sell orders that were bought by some one now again appeared as open sell order section, like nothing has happened. This is very weird, my coins were sold, I had the BTC in my balance, then my BTC balance was gone, and I had my coins back.  ??? ???


Title: Re: Mintpal, my wierd feeling
Post by: portice on April 24, 2014, 09:58:57 PM
Pro tip, never keep any coins on ANY exchange ever.

1G4HV9UkHN6mHNDcZdLgJuELFBc8ZRUzVw


Title: Re: Mintpal, my wierd feeling
Post by: MintPal-Jay on April 24, 2014, 11:37:40 PM
I have no idea how work the Startup in England, but they are claiming to be so. I'm finding no proof of this, even from them.

Our company registration just went through today actually. We'll follow up on our site with more details in around a week, you can check at the following link.
http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfo

We ourselves would only recommend to store funds on an exchange for trading only, otherwise keep it in your wallet.

mintpal is full of shitcoin

Thank you for that wonderful feedback.

Mintpal is corrupt

Looking forward to hearing how.

I stopped using mintpal since I once saw something really strange. I had an open sell order, and I saw some one bought my sell order and some of the sell orders above me. And this all was visible in the transaction history, where you can see the buys & sells that people made. Then suddenly everything changed, my sell order and other sell orders that were bought by some one now again appeared as open sell order section, like nothing has happened. This is very weird, my coins were sold, I had the BTC in my balance, then my BTC balance was gone, and I had my coins back.  ??? ???

This is simply not possible and not true.

Looks like the haters are out in full force today trying to spread FUD.


Title: Re: Mintpal, my wierd feeling
Post by: Safty on April 25, 2014, 03:41:22 AM

Our company registration just went through today actually. We'll follow up on our site with more details in around a week, you can check at the following link.
http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfo


Link doesn't work. Can you please update?


Title: Re: Mintpal, my wierd feeling
Post by: 1Referee on April 25, 2014, 07:46:24 AM
I stopped using mintpal since I once saw something really strange. I had an open sell order, and I saw some one bought my sell order and some of the sell orders above me. And this all was visible in the transaction history, where you can see the buys & sells that people made. Then suddenly everything changed, my sell order and other sell orders that were bought by some one now again appeared as open sell order section, like nothing has happened. This is very weird, my coins were sold, I had the BTC in my balance, then my BTC balance was gone, and I had my coins back.  ??? ???

This is simply not possible and not true.

Looks like the haters are out in full force today trying to spread FUD.
[/quote]






This IS true, it was with Bitcoin Scrypt. My Bitcoin Scrypt sell order was bought by someone, it also showed the transaction in the "Recent Market History" section. Looks like a reset of some kind....?? No reason for me to lie about it. I'm not hating on Mintpal in any way. Just saying it was very weird.


Title: Re: Mintpal, my wierd feeling
Post by: MintPal-Jay on April 25, 2014, 09:18:41 AM
Link doesn't work. Can you please update?
The link does work for me, which is strange. Search for companieshouse and use their web check functionality.

This IS true, it was with Bitcoin Scrypt. My Bitcoin Scrypt sell order was bought by someone, it also showed the transaction in the "Recent Market History" section. Looks like a reset of some kind....?? No reason for me to lie about it. I'm not hating on Mintpal in any way. Just saying it was very weird.
No, it's not possible for it to reset like that. If it was in the Recent Market History, it does not mean it was your trade, someone else might have set an order at the same price and was ahead of you in the queue. You would have seen a popup in the corner if it was your trade.


Title: Re: Mintpal, my wierd feeling
Post by: Orgazmo on April 25, 2014, 09:19:31 AM
A lot of votes disapears...


Title: Re: Mintpal, my wierd feeling
Post by: MintPal-Jay on April 25, 2014, 09:23:36 AM
A lot of votes disapears...
It's the removal of bot votes, we attend to it 2-3 times a week.


Title: Re: Mintpal, my wierd feeling
Post by: 1Referee on April 25, 2014, 09:35:58 AM
Link doesn't work. Can you please update?
The link does work for me, which is strange. Search for companieshouse and use their web check functionality.

This IS true, it was with Bitcoin Scrypt. My Bitcoin Scrypt sell order was bought by someone, it also showed the transaction in the "Recent Market History" section. Looks like a reset of some kind....?? No reason for me to lie about it. I'm not hating on Mintpal in any way. Just saying it was very weird.
No, it's not possible for it to reset like that. If it was in the Recent Market History, it does not mean it was your trade, someone else might have set an order at the same price and was ahead of you in the queue. You would have seen a popup in the corner if it was your trade.

I trade Bitcoins/Altcoins using various exchanges for quite a while now, and never seen such a thing. I understand that to you I might sound like I am not telling the truth.
But it did happen. I had NO BTC in my balance, I only had Bitcoin Scrypt, once I saw that I had BTC in my balance, I checked the BTCS/BTC market, and I see -> my sell order is bought by some one <- And yes it was MY sell order......

Then after browsing through the site my BTC balance was gone, and my sell order was again open........


It could be that the page at that moment showed wrong information because the page was not updated/refreshed correctly.

But as I said, it was very weird, never seen such a thing.




Title: Re: Mintpal, my wierd feeling
Post by: MintPal-Jay on April 25, 2014, 09:58:37 AM
I trade Bitcoins/Altcoins using various exchanges for quite a while now, and never seen such a thing. I understand that to you I might sound like I am not telling the truth.
But it did happen. I had NO BTC in my balance, I only had Bitcoin Scrypt, once I saw that I had BTC in my balance, I checked the BTCS/BTC market, and I see -> my sell order is bought by some one <- And yes it was MY sell order......

Then after browsing through the site my BTC balance was gone, and my sell order was again open........


It could be that the page at that moment showed wrong information because the page was not updated/refreshed correctly.

But as I said, it was very weird, never seen such a thing.

Again, it would have shown up in the Your Trades table if this was true, so I'm afraid you've got it wrong. If it was just in the Recent Market History as you said, it does not mean it was your trade as multiple people can have an order at the same price. I can tell you that it is is simply not possible for a trade to rollback and we have never reversed a single trade.

A surprising number of people get confused like this and write things without being sure that it happened.


Title: Re: Mintpal, my wierd feeling
Post by: MintPal-Jay on April 25, 2014, 10:17:34 AM
Just to follow up, I'm afraid as we have quickly become popular, we have recently become a target of people lying. Just yesterday a handful of people came into our IRC room claiming to have lost BTC and then not being able to provide any proof about it.

While we cannot stop people from spreading misinformation, I would just like to advise users that they are welcome to try us out and see for themselves that everything works fine. 99% of our users have never had an issue, but if you do think something strange has happened then please open a support ticket. We will do our best to assure you and solve the problem if there is an issue.


Title: Re: Mintpal, my wierd feeling
Post by: Safty on April 25, 2014, 10:38:03 AM
Link doesn't work. Can you please update?
The link does work for me, which is strange. Search for companieshouse and use their web check functionality.


http://i58.tinypic.com/34xp7gg.jpg

Is this your company detail?


Title: Re: Mintpal, my wierd feeling
Post by: 1Referee on April 25, 2014, 10:43:26 AM
I trade Bitcoins/Altcoins using various exchanges for quite a while now, and never seen such a thing. I understand that to you I might sound like I am not telling the truth.
But it did happen. I had NO BTC in my balance, I only had Bitcoin Scrypt, once I saw that I had BTC in my balance, I checked the BTCS/BTC market, and I see -> my sell order is bought by some one <- And yes it was MY sell order......

Then after browsing through the site my BTC balance was gone, and my sell order was again open........


It could be that the page at that moment showed wrong information because the page was not updated/refreshed correctly.

But as I said, it was very weird, never seen such a thing.

Again, it would have shown up in the Your Trades table if this was true, so I'm afraid you've got it wrong. If it was just in the Recent Market History as you said, it does not mean it was your trade as multiple people can have an order at the same price. I can tell you that it is is simply not possible for a trade to rollback and we have never reversed a single trade.

A surprising number of people get confused like this and write things without being sure that it happened.

Well, I hope I have got it wrong, if so, I'm sorry for any inconvenience I may have caused.  I do like Mintpal, in my opninion it's one of the best Altcoin exchanges as in how the site looks and perform.
The situation that we were talking about made me not use Mintpal anymore, but I believe you when you say it's not possible. So I must have overlooked something.





Title: Re: Mintpal, my wierd feeling
Post by: MintPal-Jay on April 25, 2014, 10:57:27 AM
Is this your company detail?

Yes, that is correct.

Well, I hope I have got it wrong, if so, I'm sorry for any inconvenience I may have caused.  I do like Mintpal, in my opninion it's one of the best Altcoin exchanges as in how the site looks and perform.
The situation that we were talking about made me not use Mintpal anymore, but I believe you when you say it's not possible. So I must have overlooked something.

No worries, based on some of the tickets recently, I think it is quite frequent that people get confused. We are quite open when things do actually go wrong, which they certainly have done in the time that we've been around, but we must also defend ourselves against things that we do not believe to be true at all.


Title: Re: Mintpal, my wierd feeling
Post by: Safty on April 25, 2014, 11:24:45 AM
Is this your company detail?

Yes, that is correct.


Way 2 go. As an user I feel safe and confident.


Title: Re: Mintpal, my wierd feeling
Post by: 1Referee on April 25, 2014, 11:26:15 AM
Is this your company detail?

Yes, that is correct.

Well, I hope I have got it wrong, if so, I'm sorry for any inconvenience I may have caused.  I do like Mintpal, in my opninion it's one of the best Altcoin exchanges as in how the site looks and perform.
The situation that we were talking about made me not use Mintpal anymore, but I believe you when you say it's not possible. So I must have overlooked something.

No worries, based on some of the tickets recently, I think it is quite frequent that people get confused. We are quite open when things do actually go wrong, which they certainly have done in the time that we've been around, but we must also defend ourselves against things that we do not believe to be true at all.

I completely understand that, and good job with how Mintpal is growing. Good luck with everything!


Title: Re: Mintpal, my wierd feeling
Post by: NWO on April 25, 2014, 12:39:49 PM
No chatbox and the graph isn't real-time (or has huge lag issues). I find that I am always watching the orders and then even the orders glitch where the top order in the buy or sell sticks while the price continues to rise/ fall. You have to constantly refresh the page to fix this.

Horrible trading experience.


Title: Re: Mintpal, my wierd feeling
Post by: IsabellaA on April 25, 2014, 01:19:24 PM
Hi,

I have some kind of weird feeling about Mintpal on this month.

Not always respecting the rules of the voting list, the new coins they add out of the voting list, ...

They earning a very big amount of money. Especially on this PoS shitcoin hype.

I have no idea how work the Startup in England, but they are claiming to be so. I'm finding no proof of this, even from them.

They hold too much money to me and they bring no proof at all that they are solvent.

Do you guys/ladies know something about them ? Am I paranoid ?

The mintpal such a short time they made such good results, is really not easy.
But I think mintpal voting mechanism has holes, most of the coin through the brush ticket shelves, it's not fair。


Title: Re: Mintpal, my wierd feeling
Post by: Cryptor on April 25, 2014, 04:39:56 PM
Just to follow up, I'm afraid as we have quickly become popular, we have recently become a target of people lying. Just yesterday a handful of people came into our IRC room claiming to have lost BTC and then not being able to provide any proof about it.

While we cannot stop people from spreading misinformation, I would just like to advise users that they are welcome to try us out and see for themselves that everything works fine. 99% of our users have never had an issue, but if you do think something strange has happened then please open a support ticket. We will do our best to assure you and solve the problem if there is an issue.

About this, dont know is it the same reason but my friend lost 3btc, he was sending them to mintpal deposit. After researching what was wrong he noted that his bitstamp ticker extension (google chrome) had been hacked and it changed deposit addresses for mintpal. Noticed when opened page with ie and had different deposit addresses. We dont know is it wide problem with this extension or was it just single hacking but this might be reason for "losing btc in mintpal"


Title: Re: Mintpal, my wierd feeling
Post by: Mateusz on April 25, 2014, 05:20:16 PM
Thanks Jay for coming and replying to us in this thread. This is pretty nice from you.

Guys/ladies please it's not a thread to discuss about technical issues, you have a support and tickets for this.

I'm glad to see you're finally showing your company details. The website not working for me but I can see the picture.

Whatever, I'm still not in confidence. The votes are broken, lots of peoples spending money just to see the coin disappearing from the voting list.
You're not respecting the Monday new coins and keeping adding ****coins just because they generating volume during hype instead of be fair with the tons of ppls that sent you Bitcoin by the voting system.

I understand that as a company you want to generate money, maybe to pay servers, employees, etc... but it's kinda robbing peoples to remove a coin from the voting list for a few bots, it's also robbing to add much more coins outside the voting list.
For example you did remove the GDcoin, this coin was on the top for almost 2 weeks, maybe a bot was working on it, but I'm sure some peoples was sending money too. 2 weeks is a lot to detect a ****coin or a bot. Why do you add coins on the voting list that you don't want to see on your services and leaving them on the top during days ?

You're already generating lot of money and you keep pushing hard the wrong side to generate more and more, I feel like a sheep. It's where I'm the less confident. Like for an altcoin, I smell the hype before the dump.

I have no coins left on your services for all the reasons above.

I'm also afraid of being Goxed:
https://www.gov.uk/limited-company-formation
https://www.rapidformations.co.uk/blog/what-is-a-private-limited-company/


Title: Re: Mintpal, my wierd feeling
Post by: Wolf Rainer on April 25, 2014, 05:27:51 PM
Mintpal does the same than Cryptsy... They first buy an alt coin in another exchange for very low, and then they add that coin in they exchange and wait till it pump to dump the coins, easy profit no risk.


Title: Re: Mintpal, my wierd feeling
Post by: MintPal-Jay on April 25, 2014, 07:12:27 PM
Whatever, I'm still not in confidence. The votes are broken, lots of peoples spending money just to see the coin disappearing from the voting list.
You're not respecting the Monday new coins and keeping adding ****coins just because they generating volume during hype instead of be fair with the tons of ppls that sent you Bitcoin by the voting system.

I understand that as a company you want to generate money, maybe to pay servers, employees, etc... but it's kinda robbing peoples to remove a coin from the voting list for a few bots, it's also robbing to add much more coins outside the voting list.
For example you did remove the GDcoin, this coin was on the top for almost 2 weeks, maybe a bot was working on it, but I'm sure some peoples was sending money too. 2 weeks is a lot to detect a ****coin or a bot. Why do you add coins on the voting list that you don't want to see on your services and leaving them on the top during days ?

You're already generating lot of money and you keep pushing hard the wrong side to generate more and more, I feel like a sheep. It's where I'm the less confident. Like for an altcoin, I smell the hype before the dump.

We removed GDCoin because they failed to provide us with the source code properly when we requested it three times, they were fully refunded for their votes. Other than that, we have only temporarily removed (24 hours) three other coins for bot voting and since then we are removing bot votes (NOTE: this does not mean removing real votes!) 2-3 times a week as mentioned. You are definitely over-exaggerating it.

We have made it pretty clear on the site that voting coins are added once a week and we can add our own market choices outside of this how we see fit. We have been true to our word.

Mintpal does the same than Cryptsy... They first buy an alt coin in another exchange for very low, and then they add that coin in they exchange and wait till it pump to dump the coins, easy profit no risk.

I can't even take this comment seriously...


Title: Re: Mintpal, my wierd feeling
Post by: Globb0 on April 25, 2014, 07:35:12 PM
http://www.capital-office.co.uk/



Title: Re: Mintpal, my wierd feeling
Post by: damiano on April 25, 2014, 07:49:58 PM
You all are full of shit.  I don't believe for 1 second Mintpal has done anything shady.  Who cares on what coin they add?  They add the coins people want to trade.

Mintpal-Jay, you guys are doing a great job


Title: Re: Mintpal, my wierd feeling
Post by: mineworker on April 25, 2014, 07:52:11 PM
Pro tip, never keep any coins on ANY exchange ever.

1G4HV9UkHN6mHNDcZdLgJuELFBc8ZRUzVw

Exactly get in and get out.

Not directed to Mintpal, I use it but I never keep any coins on any exchange longer than I have to.


Title: Re: Mintpal, my wierd feeling
Post by: mineworker on April 25, 2014, 07:54:56 PM
Mintpal does the same than Cryptsy... They first buy an alt coin in another exchange for very low, and then they add that coin in they exchange and wait till it pump to dump the coins, easy profit no risk.

lol surely that is what everyone does anyway.......wait till a pump and dump it.......

Please provide me some proof of this?


Title: Re: Mintpal, my wierd feeling
Post by: Globb0 on April 25, 2014, 08:00:18 PM
"A London Mail Address to impress your clients. Collect your mail or have it forwarded worldwide to any location. Excellent value for a prestigious London Address. Capital Office are a leading affordable virtual office provider, operating in City Road, Central London."


Title: Re: Mintpal, my wierd feeling
Post by: mineworker on April 25, 2014, 08:03:02 PM
"A London Mail Address to impress your clients. Collect your mail or have it forwarded worldwide to any location. Excellent value for a prestigious London Address. Capital Office are a leading affordable virtual office provider, operating in City Road, Central London."

And thousands of people use them, he doesnt want idiots coming round his house.


Title: Re: Mintpal, my wierd feeling
Post by: Piotrsama on April 25, 2014, 10:51:00 PM
We removed GDCoin because they failed to provide us with the source code properly when we requested it three times, they were fully refunded for their votes. Other than that, we have only temporarily removed (24 hours) three other coins for bot voting and since then we are removing bot votes (NOTE: this does not mean removing real votes!) 2-3 times a week as mentioned.
Didn't you permanently remove Coinye because somebody was cheating with a bot?
I think it was harsh for the rest of the people holding that coin.

Anyways, nice and fast exchange you have.


Title: Re: Mintpal, my wierd feeling
Post by: noise23 on April 28, 2014, 01:59:55 PM
Mintpal can't be trusted at all. Their coin voting list is all fishy, I just found that they killed all my votes without any reason. All of them were honest manual votes. Today they steal your votes, tomorrow they can steal your coins.


Title: Re: Mintpal, my wierd feeling
Post by: escamillo on April 28, 2014, 02:30:00 PM
I for one have had nothing but positive experiences with mintpal, as far as I know they've only gone down once and that was during that crazy 10,000 BTC BC rush.

Good for them if they're doing very well, they provided a much needed polished exchange to what was a pretty crappy prior selection. 

My only complaint is that I miss the old graph style (though I can understand the new one give a better sense of volume and actual price movement).





Title: Re: Mintpal, my wierd feeling
Post by: KaChingCoinDev on April 28, 2014, 04:37:44 PM
Just to follow up, I'm afraid as we have quickly become popular, we have recently become a target of people lying. Just yesterday a handful of people came into our IRC room claiming to have lost BTC and then not being able to provide any proof about it.

While we cannot stop people from spreading misinformation, I would just like to advise users that they are welcome to try us out and see for themselves that everything works fine. 99% of our users have never had an issue, but if you do think something strange has happened then please open a support ticket. We will do our best to assure you and solve the problem if there is an issue.

I opened a ticked, and people contacted me but did not resolve it. I did not go to IRC and complain, I tried to remain polite.


Title: Re: Mintpal, my wierd feeling
Post by: Rulishix on April 28, 2014, 05:08:35 PM
I think mintpal is a great site and will become an official exchanger soon enough. Just don't put in what you can't afford to lose like with anything else.


Title: Re: Mintpal, my wierd feeling
Post by: KaChingCoinDev on April 28, 2014, 05:11:41 PM
Just don't put in what you can't afford to lose like with anything else.

+1 for that