Bitcoin Forum

https://cryptostocks.com is a new Bitcoin, Devcoin and Litecoin denominated crowdsourcing/project funding platform.

Features:
 - familiar Bootstrap based layout
 - list projects (similar to securities/bonds) denominated in either Bitcoins, Devcoins or Litecoins
 - underwrite or buy options (Calls, Puts)
 - place time limited buy or sell orders
 - two factor authentication (Yubikey)
 - offline storage of shares
 - request for votes triggered by security issuer
 - announcements/news by security issuer
 - share transfer from user to user directly
 - rating of project adherence to the contract
 - Trade-In possibility
 - API
 - Twitter trading feed
 - email notifications on trades and dividends
 - Multilanguage (English, German)
 - Low fees:
      0 fee on coin withdrawals
      0.15% trading fee


Coming soon:
- full tading API
- further language translations

Should you notice any bugs or have any suggestions or recommendations, then contact us at customerservice@cryptostocks.com

First get a real SSL certificate. You're using a self signed cert that will only work in localhost.localdomain.

Just don't force SSL if you don't have a valid certificate.

Regards,

Ofcourse the proper SSL certificate will be installed before the Exchange starts trading.

Then don't redirect http requests to https since the certificate is invalid.

Regards,

The most important question: who are you and why should anyone trust you?

One comment: The site looks too similar to GLBSE to me for comfort. I would not call that a red flag, but maybe a yellow one.

I find the blossoming bitcoin financial sector to be fascinating, so best of luck.

It seems that more and more pages are using Bootstrap and hence they seem to look more and more alike. I see this as a positive thing, as users are confronted with a similar GUI but it takes away a large part of the unique look.

Who are we? Cryptostocks is run by the same group of people who run https://vircurex.com (https://vircurex.com). As such I believe we have proven over the past 9 months that we are running a secure and sound business and earned the trust of our customers.

Its almost a direct copy of glbse....

Ah, well, that completely nullifies my concern there. I was not aware of Bootstrap. I may have to use that myself for an upcoming project, actually.

I haven't been paying close attention to things aroung here for too long, so I haven't personally heard of vircurex. Is there a forum thread here about it?

Too much JavaScript for my taste, I can't even navigate the tabs on https://cryptostocks.com/securities/2 without JS.

Double the trading fees compared to GLBSE, a signup fee(!), easy to spam assets (1 BTC instead of 8 BTC), no kind of imprint (I want RL names + addresses of the operators!), no terms...

Anyways, let's see what comes out of this, but I fear there will be a LOT of spam and scams, just like on GLBSE 1.0.

I'm all for competition but someone with less than double digit posts has an awful lot of trust building to do before they can reasonably expect anyone to risk investing through their platform.

You got the approach with fee structure correct unlike other competitor exchanges - no "joining fee". However, you seem to have made a mistake with your fees too ...

Every one of them is greater than the equivalent fee on GLBSE (https://glbse.com/portfolio/fees) and you charge fees for services that GLBSE doesn't.
Clearly GLBSE is the major player in this market, so your fees have to be very similar or your service needs to offer something significant that GLBSE does not - so what do you offer that warrants that differential ?

Tried a couple of easy exploits but couldn't find anything exploitable. I can pay dividends for projects that are not mine though (https://cryptostocks.com/securities/3/dividends has a "Pay dividend" button but it's not my project). Either I broke: https://cryptostocks.com/securities/index_shares or it is broken for everybody.

Will update if I find anything else.

I appreciate the feedback on the fees. We'll tweak them before activating the exchange. We'll scrap the one or other fee and reconsider the others. The difficult part is to balance the risk of spamming (fees to low) and hindering legitimate businesses (too high fees).

Number of posts:
The account "Cryptostocks" was created to handle all Cryptostocks related communication. The exchange is only about to start up so it'll be difficult to show large post numbers.

Why Cryptostocks?
Competition is good, the user will have a choice and the exchanges have to up their service performance, portfolio and customer service.
As far as our planning is going: Our next release will cover topics such
 - multiple languages (Chinese, German, etc.)
 - multiple crypto currency support (Devcoin, Litecoin, Linden Dollar, etc)
 - stop orders
 - and of course we are always looking for input from the community for other features worthwhile implementing

You are right, the pay dividend button was displayed wrongly, though the actual payment was technically not possible. It has been fixed.

Feel free to further try to break the application and let us know what you find.

Fantastic news. I would be willing to switch from glbse with a superior range of order support particularly expiration, max and min etc ...

My only concern is trust. It will take time to earn that through demonstrated good CS, reliability etc ...

Have you considered escrow of a contingency fund of a relative size to that being traded. Lodging funds with someone trusted already and demonstrably held, would be good.

We have completed our testing and made adjustments to the fee structure based on the previous feedback.

The Exchange is now open for business.

Feel free to drop us a line or reply here on any comments for improvements or suggestions.

Im considering putting my business up there but my main concern is that there are no sercrites right nowand dont want to pay 10btc and then have the site default

can you provide option trading? there are people wanna bet the bitcoin price, and buy some options. 

And there are no bitcoin future markets around. Whether you can invent some future contract for bitcoiners?

We have launched this site just hours ago. Attracting business is a prime focus of ours. Let me assure you that we are here to stay. We have launched Vircurex.com sometime in October last year and have been offering uninterrupted services to our customers ever since, Vircurex will be vouching for the continuing service of Cryptostocks. Our intentions are to contribute to the Bitcoin economy.

I understand that being the first to list on our Exchange is a leap of faith. So let me put forward the following proposal:
 - First 10 securities who sell their shares in value of 100BTC will get their registation fees of 10BTC reimbursed.

In addition to that we will be offering:
 - 100% reimbursing the registration fees (10BTC) for securities that are listed before 1. August 2012 and who show a 30d Bitcoin Trading Volume on 1st September 2012 of at least 200BTC.

Obviously the two offers cannot be combined.

Cryptostocks.com is here to stay, we'll be constantly developing further features, support other cryptocurrencies, other languages and much more. Check out our "Developer's Log" for more information.
 

If you are looking for issuing options on the value of Bitcoins then checkout https://vircurex.com (https://vircurex.com). We offer a feature to issue Options.  If you are referring to options on securities listed then yes we'll add this to our planned features. Check out our "Developer's" log for details on what we are working on.

 

What verification has been done on the 1 company listed so far? How do we know it's trustworthy?

The Exchange does not perform any verification other than the email which is verified during the registration process. It is up to the user to judge the legitimacy of listed securities. As such we recommend you to contact the issuer of the security in order to clarify your questions and concerns. Obviously the Exchange cannot vouch or guarantee for any listed security.

We can assure you is that neither the Exchange nor any of its employees have or will be issuing securities on the Exchange.

We can confirm (with the permission of the security issuer) that we have received his personal identifying documents and that the name on those  government issued documents match the name used in the email address of the issuer of the security GMP (GLARI Mining Project).

Here you had a chance to really innovate over a flaw with GLBSE, and instead you're going in the other direction.

Hopefully 3rd party services will start emerging to deal with this kind of thing.

I think the ability for asset issuers to remain anonymous is a selling point of the exchange for some potential businesses.

However, I expect asset issuers to fully justify to potential investors why they should remain anonymous and accept that a greater reward may be demanded to cover the greater risk.

I agree there is still room for a further exchange (or "sub" exchange) which mandates full verification and public disclosure, to the level of that seen with, for example, Companies House and Director Check in England i.e. http://wck2.companieshouse.gov.uk and http://companycheck.co.uk/company/07995878 and http://company-director-check.co.uk/director/916764162.

This model doesnt work particularly well for securities. You will end up with a  lot of scammed customers.

A lot of people had this experience with glbse 1.0 and it wasnt enjoyable to see.

There is a bare minimum an exchange can do to protect its users but there really needs to be third parties starting to offer these services.

Verification? Lets all step back and ask ourselves, what is the objective of verification? What is it that I am expecting to gain?

I would expect that most of us dont invest more than 50BTC into a stock, with investing I mean buying newly issued shares and not gambling via trading. Lets assume a full verification, you know the name, the address, the telephone number, etc., etc.  and now the issuer's business idea fails or worst case runs away with the money. Will you be initiating legal proceedings because of that small amount lost? Who of you still remembers Enron? We all knew who the CEO was, the CFO, the address of their headquarter, their financial reports, etc. Who had Enron stocks when they collapsed? How much did you get back from any legal actions, did you even bother triggering any?

For those of you who are willing to invest larger amounts, I doubt that you would just rely on an Exchange telling you who the person is and his personal details (if that is allowed, personal data is subject to data protection laws of different flavour around the world). Wouldn't you do your own research on the project and the persons involved. Send an email, organize a Skype Video chat, etc, etc. There are so many ways of building up trust and verify the legitimacy of the business idea.

Though a basic verification will probably reduce the scammers, it'll never completely eliminate them. Lets not use the Verification process as a scapegoat for our failure to perform our own background check.

I see the largest culprit being the people issuing stocks. They tend to underestimate the efforts required to "sell" ones business idea. Just putting the stocks up for sale on GLBSE or Cryptostocks and paying the fees for listing the company is not enough. They should be held more accountable for not providing more information on their projects. How can it be that people wanting to raise amounts greater than 10K USD, cant even bother to put up a basic web page? Don't just put 10 lines of description on the exchange and another 20 lines of text on Bitcointalk. They need to show more indepth information about their team, their project, timeline, financials, etc.
It is things such as these that build trust and will also attract investors after the IPO.

3rd party service? I like the idea, it'll let the exchanges focus on their core business.

The Enron boss got 24 years in prison. What's the Bitcoin community equivalent punishment to deter repeats of such behaviour?

being locked in a cellar for 24 hours, with luke-jr, a loudspeaker, and the king james bible audiobook?

-- Smoov

All very amusing, but lets come back to the topic of "Verification".

Check out our web page, we have added a verification policy and process (see link in footnote) and the verification details for each stock listed (see new tab "Verification" on the stock detail screen).

Your comments and feedback are appreciated.

I was actually being deadly serious.

Let's assume we trust Cryptostocks both the poster and the exchange.

A unique piece of functionality I would like to see in an exchange is the ability to view the withdrawal history of the account that issued a given share. Only those holding the share should be able to do this. Notification by email would be a further enhancement. This way an asset issuer knows all investors can see exactly when and how much is taken from the company funds.

Go further ... a motion is required to pass before the withdrawal can be made. Motion fixes the amount maybe even an expiration date too.

Less extreme ... Another user (the company treasurer) has to co-authorise all (or a subset) of withdrawals of the company funds.

Limit the rate at which withdrawals can be made.

Build all configurable bits of above into the contract.

Contract is locked until a motion is passed agreeing to changes.

Implement most of the above and you could swipe the majority of the customers of the other exchanges in under a week.

Not sure if that proposal is not couterproductive. The issuer of a security would want to withdraw the gathered funds ASAP after receiving them otherwise how to proceed with his investment?  The Investor already (implicitly) agreed to the withdrawal of funds when he bought the shares in the first place otherwise what is the objective of the investment if you cant get the money out?

Did I happen to try registering while site was having updates posted? I clicked "signup" @ https://cryptostocks.com/ but was redirected to the Vircurex registration page. Assuming I was supposed to register there, I did so, but when I tried to log onto cryptostocks with the credentials I signed up for, it said they were invalid.

I then tried to sign up for cryptostocks using the signup link @ https://cryptostocks.com/users/login but then it says I need to enter a reCaptcha code, though no Captcha box appeared, even though it did for the Vircurex registration page. I'm on Chrome, fwiw.

This error shouldn't be happening. The URLs point to the correct location. I can only explain this that your cache /DNS is still pointing to the old IP address of Cryptostocks which was before the service was launched pointing to Vircurex.com but that was more than 4 weeks ago.

If you ping cryptostocks.com you should get the IP with 69.73.152.225 whereas if you ping Vircurex.com you should get 209.217.250.10

It doesn't look like your API is able to get trade history.  If it does I can add the assets listed on that to my dividend charts and other financial info at http://www.stochastically.com

The current API is providing "only" a snapshot of the current information: ticker, name, currency, bid, ask, last and volume for 24h, 5d and 30d. We are in the progress of constantly expanding the features provided, including the API. If you have concrete requirements feel free to send them to customerservice@cryptostocks.com and we will do the best we can to accommodate them.

Is there a twitter feed that lists the trades?

No there is no Twitter feed yet in place. But we can provide tailor made API to address your individual API requirements. Let us know what KPI's you need as well as the frequency of polling and we'll work out the respective technical solution.

I thought I'd quickly mention that I've been using Cryptostocks for a couple of weeks.  I own about shares in three separate securities, each has paid out dividends and I've been happy with the service so far.

Great job guys!  Thanks for the constant progress.

Also, on your Dev Log (https://cryptostocks.com/developerlog), it looks like the last thing that you have to do is implement the API.  What's comes next?

We have expanded to support Devcoin as well as Litecoin and in addition, since 15 Minutes, there is also a RSS feed available showing security listings, share issues, dividend payments, trades and bond buy backs.

Sweet!  Is it down, though?  The RSS address that you published in the Developer Log (https://cryptostocks.com/rss) isn't returning any data at the moment. Does it require specific parameters?

First of all, teh Exchange does not vouch for any security listed. In order to support investors in their decision making on which security to invest in, we offer a verification level for each security issued. It is up to the security issuer to decide which verification level he wants to apply for.

Please review https://cryptostocks.com/verification (https://cryptostocks.com/verification) on the various verification levels we offer.

Some new features released:
  - RSS Feed
  - Twitter Feed
  - Redmine plugin

Hey Devs!  I'd like to suggest a feature, but I wanted to open it up for discussion just in case it's considered a bad idea by the community.

Could you implement a system that would allow users to "gift" stocks to other users.  The reason I ask is because I manage the MLAF (https://cryptostocks.com/securities/15) security which purpose is to invest into the future Microcash currency.  Many users have contacted me asking/wanting to find a way to invest into the asset fund, but all they have are solidcoins.  The stock is sold in BTC, but they want to invest in it using SLC, which I would be willing to accept.

If there was a way that shares could be "gifted", the SLC holders could purchase stocks from someone holding shares that they had purchased in BTC and then the initial owner could "gift" them to the other user.

I would like to mention that I DO NOT believe that stocks that are being sold by the creator of the security should be giftable by the manager of the security.  In other words, since I created the MLAF, I can't gift them from my account.  Instead, someone must purchase them in BTC and then that individual can gift them to whomever they desire after the first purchase has taken place for the face value of the stock.

Also, I propose that you charge the gifter a flat fee (say, .1BTC).  That way Cryptostocks will get a fee for the transaction and this should prevent deals from being cut that try to skirt the exchange fees because the cost of the transaction would be kind of high.

Good idea, as we cant possibly be supporting all crypto currencies, this feature would allow for individual trades in other currency pairs. Things to consider though, and hence maybe a day or two of thinking this over:
- the participants have no guarantee that the off the book transfer of currencies is "secure", the payment between the two parties is something the two parties need to ensure, the exchange is not involved in that process and obviously not be held accountable.
- the price agreed for the "transfer" is not known publicly, we loose transparency on what price was used to trade those shares. But I guess this is similar to real live, you can hand over your stocks to anyone else at any price you deem fit.

My first thought is, yes, lets get it implemented, any thoughts from the community?

And while at it, another feature that I belive to be of interest is the transfer of shares from the share issuer to others during the initial IPO, e.g. if you list a new security and the condition is that 30% of the shares are held by a group of people whereas  the  70% are issued to the public. Then the question is, how do you move the 30% from the issuer to the initial owners?  So a share transfer during share issue (first share issue only?) would be a required feature. Question: Nice to have or a require feature?
 

I would consider this a "nice to have", bordering "necessary" feature.  I understand that as a stock exchange you exist to both provide a service and generate profit.  That's why I recommend that each transfer have some form of fee structure, whether it be a flat fee or a fee based off of the value of the stock.

I specifically called this the ability to "gift" stock because the idea is that one individual is giving away a stock to another individual.  Cryptostocks should only transfer ownership and it shouldn't care about the terms of transfer that were accepted by either party.  This should be understood by both parties.

As far as the security issuer being able to gift stock, I that it could be acceptable.  However, I think the terms need to be specified before the security is created.  When the creator set's up the security, their should be a fixed, drop-down option that allows them to specify how many securities that will hold, as a percentage of the total. 

This could allow for a security to have "institution owned" shares and "public" shares.  The institutional shares would effectively be the same as the public, except they are both giftable and, possibly, they receive their portion of dividend payments.

This feature shouldn't be modifiable once the security is created.  Each time the security issuer, issues a new series of stock, the issuer should be automatically allocated their percentage of stock, as outlined by the security details when it was first created.

If this is implemented, I don't think this feature should be allowed for existing securities (which includes my own security, the MLAF).  This would be a bit unfair to existing share holders if the security manager had the ability to arbitrarily set how many stocks they own and can gift to whomever they desire.

It is done, share transfers are now available (for a fee ofcourse). Go to "My Shares" in the securities screen and click on that icon on the right hand side.

The transfer is immediately and irreversible.

@Cryptostocks
 

On your verification levels, wouldn't it make more sense for a postal address to be subordinate to an ID copy?   The former is generally a less valuable/reliable means of tracking someone down, yet it gets the submitter a higher level of verification. 


Frank

This really needs a 2 Factor form of authentication, I won't trust any site with more than 1 BTC if they don't offer this function.

If you are going to spend 10 BTC to issue a new asset, you could have 100's of BTC worth of Assets in your account.
If your account password got hacked and someone sold off all your assets at bargain basement prices and then withdrew the BTC the Asset Issuer is screwed.

Please add Google Auth Or Yubikey 2-Factor

I already have (12) 2-factor accounts, and have not lost a single BTC due to hacking yet.

It's on our to-do lust. As interest in 2 factor authentication is increasing, we'll move it up our priority list.

It is fantastic exchange. I bet that the GLBSE won't be protect by the network effect for very long.

• 2 factor authentication
• Download full trading history in CSV files.
• It should be easier for people go to the trading interface for a certain assets from anywhere in the page. For example, when I have a GMP share and the GMP shows up at the right side after I log in, It should need only
• a click on the "GMP" to jump to the trade interface of GMP.

Cryptostocks are for ponzis that can't get verified.

A verification system has been build in, but it is the security issuer's choice whether or not and if yes, what level of verification he chooses. The investor on the other hand has the choice to invest or not invest into securities issued by unverified people.

Could you lower the withdraw fee, please? it's quite usual nowadays charge withdraw fee.

And update the fee's page, because it does not list the withdraw fee on it.

Fees for withdrawal have been added to the fee information page.

We'll be eliminating withdrawal fees on the next code upgrade coming weekend, other features to look out for:
 - Yubikey support
 - Security rating

Features planned for the weeks after
 - Securities issuers can make announcements
 - Voting
 - Offline Shareownership Documents (will allow you to store your share certificates, i.e. take them out of the exchange, protecting them from possible account hacking, while still being entitled to all dividend payments)
 - Google OpenID
 - Google authenticator

I am looking forward to this!

Just a small question

Is Cryptostocks or the Parent company registered to do business in Germany? Or some other country?
I was going through old posts and it said you may register in Germany or china,etc (vircurex)

Also what do you feel is the current legal climate of offering Securities in that location?
I was just curious because of the SEC investigating Pirate40.(I'm not running a Ponzi)
 

Neither of them is incorporated at this point in time, its of rather low priority at the moment, given the current business volume we are making.

As to your question on "current legal climate offering securities":  Most likely it wont be possible to open a security exchange in any of the countries in this world, we'ld probably need to rephrease it as Project Financing, Micro-Credit Facilitation, etc. But even then, I doubt Germany is an option, looks as if that kind of business requires to be registerd with the BAFIN (http://www.bafin.de (http://www.bafin.de)), so if the day comes were we must get incorporated, an offshore loction will probably be the way to go.

The Pirate default is ofcourse a most unfortunate event. The size of the default is putting even more scrutiny on the Bitcoin economy by government agencies than we had before and might even limit or hamper the future operations for crowd funding platforms. But the beauty of electronic exchanges and the nature of Bitcoins, it won't be difficult to relocate the hosting infrastructure to another county when necessary, knowing that it doesn't necessarily solve the problem about the US Wire Act.

Looking forward to the new features.

I guess we can have a further discussion on the legitimization of bitcoin equity exchanges after Nefario has tried. I don't believe that it is impossible all around the world. Even in China of dictatorship, the companies can find a way out to raise capital from the NYSE or NASDAQ market. With the help of the smart lawyers, we definitely will be able to find way out.


@Cryptostocks:


Nefario said that you're that interested in accept the GLBSE assets to list on your exchange, could you please tell us why here?

https://bitcointalk.org/index.php?topic=112551.msg1219756#msg1219756

New features released, the major ones being:

 - Yubikey support
 - Security issuer can make announcements
 - Security issuer can initiate "Request for Vote"

Check the developer's log for the complete list: https://cryptostocks.com/developerlog (https://cryptostocks.com/developerlog)

MPEx had free of charge transfers since day one, we never noticed a problem with it. Must have option as it were.

Its already implemented, though not free.

This is the time for Cryptostocks to really shine, Great work on improving the exchange.
I see alot of new business coming to the exchange soon.

No, actually, it's a lot better in pretty much every respect. For one, pages load within a second. For another, information is rationally & conveniently presented, there's trade history for instance.

Some day/week/month averages would probably help.

New functionality release today: Offline Shares.

Objective: 
 - Store your share's offline and protect them in case of a compromised account, while still receiving dividends
 - In the future this feature can be integrated with other exchanges to allow movement of shares from one platform to another

This is awesome.

Thinking of implementing multi-currency dividend payments, in other words, a LTC listed security could pay out its dividends in BTCs or DVC.

Is such a feature of interest?

Great to see the exchange improve and grow.
Keep up the good work!

  ~drekk~

Yes! Also, second-sale of securities in other currencies.  I know of quite a few people who want to buy MLAF stock, but they'd like to buy in SLC, instead of BTC.

One more thing, your shares that you own in "offsite" mode. Are they divisible, or are all your shares withdrawn as one "fund" and restored as such?

I ask because as I just mentioned, some other people would like to buy shares in SLC.  I can buy shares (from my personal account) and sell them in SLC if that's the case.  I don't, however, want to sell all of my shares to just one person.

Now before more people start stepping up with endless "Hey... what about adding <my_fav_crypt_curr>, too?" posts: Why not simply mirror Vircurex and the currencies traded there? You're already dealing with them and it might drive some traffic from CS over to VCE and vice versa if implemented nicely.

Just make sure CS keeps its focus on being a stock exchange.

With the recent happenings plan to follow more closely...

In light of the recent GLBSE debacle, I have some questions that I suspect need to be answered before anyone continues to use the exchange.

1) Where is Cryptostocks registered as a business.

2) Where are the Cryptostocks servers located?  (Cursory search says Texas, USA)

3) Who is actually operating Cryptostocks?  (I can understand if you do not want to answer this, however people should know if you are not willing to reveal the identity of your CEO.)

4) Under what regulatory body does cryptostocks operate?  (List here: http://en.wikipedia.org/wiki/List_of_financial_regulatory_authorities_by_country)

5) How is cryptostocks helping its Asset Issuers comply with their local laws?  Are you giving them even a cursory warning "Issuing Securities is illegal without registration in most countries." ?

Thanks!

those questions aren't going to be answered cause they obviously aren't registered, server location doesn't matter, and when you deal in currencies that have are not backed by any government or one entity you don't have a regulatory authority.

I hope that's not an official response.  It is incorrect to assume that using an alternate currency gets you out of any form of regulation, and if you do make that assumption you're just asking for another GLBSE debacle.

You might be able to set something up outside the reach of the USA and the SEC to buy yourself some time.  I find it highly unlikely however that you will be able to evade securities regulations forever in whatever country you may reside.  As you saw in the page I linked, there are few countries without strict regulation around securities.

Cheers.

If any virtual currency is shutdown, then blizzard, second life, and facebook, wouldn't be able to use virtual currencies so there are no regulations believe me. Until there is a case, that is the way it is. I am not with cryptostocks in any way.

No it is currently not incorporated, we are evaluating possible locations which allow a platform such as ours.

Currently in the USA but the server will be moved out of USA coming weekend or the weekend after, i.e. there will be a short downtime of an hour or so while the we move the database. Further announcements will be put on the webpage. This is being doing this purely out of precaution and none of us is US citizen nor do we live in the US.

More to this after we have solved 1.

More to this after we have solved 1.

We will not make any statements whether or not it is allowed to use our platform in the country of residence/citizenship of each of the users. That will remain the user's responsibility to check. We will be putting up a noticeable disclaimer on the login as well as the registration page.

In response to the increased LTC/USD price we have reduced the fees for listing LTC denominated projects to 500 LTC. If you come up with a non-pass through and non-financial related listing, contact me, I might even be waiving the listing fee for you.

New feature released: Trade-In.

This feature allows you to offer trade-in for securities that you issued, i.e. offering special pricing for your existing shareholders to migrate to your other security. E.g. you have an existing GPU based mining farm listed, now you issue a new security that focuses on ASIC mining, this feature would allow you to do something like this:
   Buy 1 ASIC share for 1BTC by trading in 1 GPU share.
While selling your shares for e.g. 1.5 BTC to people who have no shares yet.

The feature allows the share issued to define:
 - max number of shares that are allowed to be traded in
 - max number of shares per shareholder allowed to be traded in

Two more API calles released:
  - get_orderbook
  - get_history_last_50

See https://cryptostocks.com/api for the details.

Coming soon, full trading API.

The server has gone unresponsive and and has been rebooted. It is currently running a file system check. More updates will follow.

Service is back up and running.

New features released:

 - Options: underwrite or buy options
 - additional tab on the legend to show all your received dividends
 - full trading API released for orders

SWEET! Glad you guys are adding new toys. :)

Stupid question, I had a little trouble finding how to make an Announcement From an Asset?
I already looked in the help section, and under the asset/Announcement section.

You can only make announcements for your own security. You do this by selecting the "My projects" tab. You'll find a range of icons at the right hand side for the various actions you can perform on your security, one of them being "Announcements".  Its an icon in the form of an envelope.

Various changes released:
- now with the possibility to sort by the various columns on the project/security listing screen
- switching between tabs does not require a server round trip, thus faster response times
- added a total order amount on the trading screen

Fixed it.

New features released:

• Security issuer can now initiate a trade stop, purpose is to halt all trading activities before important news are being released. The issuer can set a trade stop any time, as well as cancel it anytime.
• Trading surcharge fee for security issuer. Each security can have a security trading fee surcharge. As the name says, its a surcharge on top of the exchange's fee (additive). All proceedings from this fee surcharge go to the security issuer.  At this point in time the fee surcharge is capped at max. 0.2%.  Security issuers need to be aware that these collected fees should be considered income for the security and dealt with accordingly.
  Users can identify the surcharge via three means: a) the projects tab shows an additional column with the fee surcharge b) the details info screen of the security shows the surcharge c) the trading screen blends in an orange message showing the additional fee.
  

Bug fixes:

• The release of the new project list interface accidentally dropped the trade-in as well as the share transfer icons. They have been added back in again.

As usual, the developer's log https://cryptostocks.com/developerlog and the help pages https://cryptostocks.com/welcome/help give more information.

New feature released:
 - Display your listed project's advertisement for free on the main page. If multiple ads are submitted, they will be auto rotated.

Wow those Ads are Huge, a big distraction because they rotate way too fast.

I feel that it makes the site look cheezy, unprofessional, and very gimmicky.

The ads need to be only on the login page, or much smaller with a much longer rotation period.

With the constant changing of the ads, when your trying to input trades, its very distracting and IMHO makes the site unusable.

The change is every 3 seconds, I'll increase it to 5 and see how it goes.


The ads are only for listed securities (with one or two exceptions for special cases, e.g. someone has contributed to the sites service), so it ads value to the sites service. We'll try to guide publishers to keep the ads look professional, though that of course is very much a personal choice. We'll monitor it and see how it goes and how the feedback of the rest of the community is.


The ads only show up on the landing page (home page). No ads should be showing up on the project registger or the trading screen.

5 seconds?

Come on, don't be one of 'those sites'...

All of their constantly updating ads just irritate me to no end.

Tossing up a new ad on page load is plenty, and just leave it there.

-- Smoov

anyone else noticing delays on emails from cryptostocks?
Dividend emails and purchase emails are arriving 5 days after happening?
the email account is question is on gmail

Listing fees reduced to:
 BTC denominated securities: 2 BTC
 LTC denominated securities: 200 LTC
 DVC denominated securities: 1,000,000 DVC

I like your project - good job!

I am going to create new virtual company in next week or two. I am quite missing short term investments on established crypto coin crowdfunding projects so i am going to create such one:
- IPO would be < 3000 LTC
- invested coins should be returned during 6-12 months on dividents

Originally i was thinking about listing the project on litecoinglobal, but then i was shocked by 500LTC listing fee (too much for such low budget project - in comparsion with other projects) and i find reasonable Cryptostocks listing fee 200LTC. BUT i have some doubts about Cryptostocks project current health wich i will describe further.

As we can see trading volume (in time of writing this post) in last seven days is ~740 BTC, ~200 LTC, ~27*10^6 DVC which is imho very nice trading volume. Unfortunatelly it seems that almost all volume is made on trading issues of only 5 from total 26 projects! Yesterday (28. 3. 2013) a new project with ticker "ADMIN" was listed, but there is no trade during more than 24 hours since listing which makes me curious if a community using Cryptostocks like to invest to new projects or just to speculate on VCX and DVB shares :-( . Because i would rather invest 500 LTC for listing on litecoinglobal and have high possibility of emmiting all shares(they seem to have larger user comunity so far), than pay 200 LTC on Cryptostocks and pray to sell at least some shares.


That makes me to ask three questions:
- is there any way (or will be in near future) to see how many projects issued shares were actually bought by users of Cryptostocks so i could check if any shares of new "ADMIN" project were sold?
- what makes such big unsuccess of most of listed projects?
- (this question is for everyone reading) would you invest in new project with which can be risky as it didn't gain long durating trust(all of us already met some scammer, right?) or you like to invest only to older projects which seems to be "verified"(as a project on crypto coin investment platform can be) by the time?

Yes, there are several stocks that show very little trading volume. Whether this is due to a lack of willingness of investors to buy into these stocks or the unwillingness of existing shareholders to sell their shares is difficult to judge.

Ultimately anyone is free to list a project here on Cryptostocks, we do not filter or judge the projects listed. The investors need to do their homework and decide which projects are worthwhile investing in.

To come to your questions:
 - the actual number of shares sold are visible under the category "Shares held publicly" on the info tab of the security
 - Success of a listed project depends on many aspects:
     - a convincing business, a new business is always easier to sell than just another pass-through, mining farm, etc.
     - marketing, don't underestimate the efforts required to make your project known to the public
     
My personal opinion is that many just list a project and believe investors will come knocking on their doors. Reality is: you need to go out and seek your investors.

Thank you for your opinion! It certanly has a point.

I was wondering recently - do I have to pay listing fee at the time of listing project(with no investor guarantee) or there is possibility to lock first 200 LTC from IPO and pay it as listing fee?

The listing fee becomes applicable at the time of creating the project/listing.

March dividend of 0.01458807 BTC per elegible share paid out (total 125.63245884 BTC), which is an equivalent of 35% yearly yield at latest share trade price. Investor report will be posted on https://vircurex.com in the coming days.

Can we get the fee for withdrawing LTC & DVC down to something reasonable? 5LTC & 50DVC to withdraw funds is entirely too much with all the gains vs fiat currencies. These are only .1LTC and 10DVC on Vircurex.

Ofcourse, the LTC are way to high, we will change it later today to .1 and the DVC to 15.

I like your project!

BUT how do you fight with scam?

Today I've added Cryptostocks support to CryptFolio (https://bitcointalk.org/index.php?topic=192423.msg1993454#msg1993454). It uses your current BTC/LTC balances and current stock values (based on maximum bids) to calculate an account value. I've already added support for Litecoinglobal and Btct.co, the next site is Bitfunder.

Fighting scam? How is one to judge an honest business idea from a scam?  This is a very subjective decision and therefore we will not make that call. Ultimately it is your decision, its your money, so make sure you do the necessary background checks on the investment you are planning to do. 

I know Vircurex and Cryptostocks were hacked.  Vircurex has been back online for a while.  What's the news with Cryptostocks?

I manage a security and I'd like to know for the sake of my investors.

Cryptostocks is back up.

Try https://www.cryptostocks.com/

Still down...

To be sure, I've tried http://www.crypto..., http://crypto..., https://www.crypto... and https://crypto...

All four have failed, and I've tried this on two separate computers, on two separate internet connections.

Then I have no clue. w/o www I couldn't get in either, but I'm logged in right now..

This could be an issue with a DNS, then.  If Cryptostocks changed the IP and the DNS I have to pass through has cached the old IP for 48 hours (ugh, why?!) then me (and others in North America) may be out of luck.

If it's working for you, then it's work.  I'll just give it a bit more time.

Seems a very likely scenario

cryptostocks.com [69.73.152.225]
www.cryptostocks.com [198.211.105.133]

both down for me  >:(

See this post (https://bitcointalk.org/index.php?topic=204046.msg2142394#msg2142394), I made earlier this morning.

Still down! For more than a week now! And no emails about dividends and such, not to speak about the incident itself.

It's back down again, for me too.  Vircurex was down 10 minutes ago.  Maybe they've applied a patch to their servers and are slowly restarting them all.  Give it a try again in an hour.

It would be good if the site owner would post about current situation. There is apparently no interest at all to keep investors funds on this platform, should it ever be accessible again. Another exchange dipping?

The site is up and running but it looks like not everyone is resolving the domain name properly.  We had to change the IP address last weekend. Our new IP address is 198.211.105.133.  If you can't access it then either
 - your DNS provider is not synched
 - you might have mapped the old IP in your hosts file

Thanks for the update Kumala, I know you've been busy, I just hadn't heard anything about crypto stocks and only info about Vircurex.

For windows users, this might help.  Open a console and enter: ipconfig /flushdns

This might fix it.

No, the issue is far more than ttl issues with the dns.   Are you sure you have your dns set up right? (edit: does not seem so). The site will drop out even when the dns is cached. The site will work from a web browser, but not from curl on the same machine within seconds of each other.  The api has not worked at all this week.  Emails are not being sent from the site.   Seems no way to reach support.    I think issuers should have some type of priority support also.


However, in regards to the dns:

NS15.DOMAINCONTROL.COM
      NS16.DOMAINCONTROL.COM
      NS81.DNSEVER.COM
      NS92.DNSEVER.COM

Answered from ns81.dnsever.com (121.254.188.81)

cryptostocks.com.   14400   IN   A   69.73.152.225

Answered from ns92.dnsever.com (121.254.188.92)

cryptostocks.com.   14400   IN   A   69.73.152.225

Answered from ns16.domaincontrol.com (208.109.255.8 )

cryptostocks.com.   1800   IN   A   198.211.105.133

Answered from ns15.domaincontrol.com (216.69.185.8 )

cryptostocks.com.   1800   IN   A   198.211.105.133



You have four nameservers listed for the domain, and they disagree on the address and ttl to use.

To make it worse, you have a short ttl on the good address and a longer one on the now old ones.

If you had responded to my emails on Monday and Tuesday this could have been fixed by now.  Then again, I have not checked your MX records, maybe they are also messed up and you are not getting mail?  In that case you could have at least responded to my pm.  You should have one master dns server, and the rest slave  to it, so this can not happen.  Also, godaddy is probably not a good registrar choice for this type of business.

you are absolutely right, the dnsever.com DNS service is an "ancient" one, totally forgot that one still existed. I deleted it hopefully the resolution now works.

Site Down

http://www.isitdownrightnow.com/cryptostocks.com.html

Is there a way to figure out my own trade history based on the API?

Can't login to cryptostocks... I can't even override and accept the current certificate for the time being.

Please renew/update your certificate asap.

-- Smoov

I can't open this site on my regular computer either.  When will the certificate be updated?

Yup please update certificate asap need to check my listings, stocks values and day trades pls!!

many thanks

FuzzyBear

I think the owner has gone MIA. It's been a while since anything has changed and the CS exchange appears to be dead. I've started using BTCCO because of this.

a day ago I have send BTC to my account and nothing seems to be there, but it is confirmed...
 >:(

The site is active but we have been busy preparing for the Vircurex upgrade coming up in two weeks time.

Ewbit, I'll check your coin issue right away

Hi
what is with my funding?
I have send you the details of tx yesterday!
 >:(

edit:
ok, now I have read the PM -> pls transfer it as fast as possible

for all others:
I have not known that we should not use our _old_ BTC deposit address that is deactivated...

reminder!!!

This isn't what I'd consider active.

next reminder!!!
 >:(

@ewibit:  Have you tried PMing Kumala or, better, sending an email directly to the support email.  Historically, any trouble or questions that I've had were answered quite quickly, if I sent them through email.

I'm sure Kumala checks this site semi-frequently, but I think his primary source for customer interaction is through email or skype.  Check out the contact page:

https://cryptostocks.com/contactus

I have PM'ed Kumala and he respondet on July 12, 2013, 02:29:55 PM
but till now nothing happens >:(
I have send email too
to
customerservice@cryptostocks.com
-> no response >:(

Sorry to hear that.  I just thought I'd offer what's worked for me in the past.  I hope you get your problem resolved soon.

thx  :)
now he has solved it...

Your OP here about cryptostocks you cliams there is
" - Low fees:
      0 fee on coin withdrawals"
for withdrawals on coins from cryptostocks, wich is simply not true.
I saw that you reduced the fee on vircurex for BTC withdrawals to 0,002 btc, but still you haven't lowered or removed the fee on Cryptostocks.
You charge 0.01 BTC/0.1LTC/25DVC at the moment. The withdrawal fee for BTC is 100 times the standard networks fee if there even is any fee on the transaction, usually you dont have to pay any fees on BTC+ sized transations at all....
Why do you still charge around 1 USD for each BTC withdrawal people make, 100 times or more than what it costs you to send them there coins ?

Kumala/Cryptostocks can you please do something about the usabillity of your site cryptostocks, can you add an option to filter orders by company, buy/sell orders or at least add the possibliity to be able sort by company, buy/sell and/or price on orders or some combinations of it.
The site is almost unusable as it's now when there is no options to sort or filter your orders in any way and you have lots of buy and/or sell orders. Your loosing serious amounts of trades becaouse it's as messy as it is.

Today I added support to CryptFolio (http://cryptfolio.com) (thread (https://bitcointalk.org/index.php?topic=192423.0)) for premium users to view all of their securities (BTC-TC, Litecoin Global, Cryptostocks, Havelock Investments) on a single page along with their current market value:

http://cryptfolio.com/img/screenshots/profile_securities_400.png (http://cryptfolio.com/screenshots#screenshots_profile_summary)

I agree with this guy.

Also, you haven't paid a VCX dividend in MONTHS.

Are any exchanges offering Free Securities transfers?

I hate to say it but I think Cryptostock is dying a slow death due to Vircurex problems taking most of the operators time.

I think there has been such offers before from some exchanges, not sure if there is any such offers today.

But today it looks like we lost 2 more exchanges, Burnside announced that BTC-TC & LTC-Global are closing it's doors, last trade date 7 october, last day site is up for people to transfer there funds out and save impostant information was 31 october i think.
So however badly cryptostocks have been managed before they effectively lost 2 competitors today witch might give them a bit of an upswing now.

i am thinking about moving LTC-CHARTS asset from litecoinglobal to cryptostocks. are there any real concerns about this?

the asset LTC-CHARTS moved from litecoinglobal (which is shutting down) to cryptostocks
https://cryptostocks.com/securities/51

all shareholders at litecoinglobal please register at cryptostocks to get your shares transfered
new investors are of course welcome!

has anyone tried to export transaction history on cryptostocks? I sent mail to "customerservice" with request for help in this thing, but noone answer. There is only 30 days history and I'd like to see it all (through api, through .csv... anyhow)

Good News the BTC volume has gone skyhigh with some recent additions.

Can we finally have some reduced withdraw fees?

Anyone else feel like the site will be targeted for another hack this week?

I swear the exchange volume went up 10X this week alone

it seems that  Max. 4 decimal places  trading is not enough,  you need to increase this to Max. 8 decimal places for LAbcoin to be able to have some volumes

Noone tried to get his own transaction / trading history longer than 50 last records? So it's impossible?

A question ...

Since the rounding is only to 4 decimal places, what happens when you put in an order ... do you go to the back of the queue?

If not then, how does it work.

I had a sale of 1000 shares, and 5 shares were sold. Yet at the same price, there were 6 transactions after mine at the SAME price, yet it didn't come off my balance. I still had 995 shares sale on order.

So, is it random?

Any help is appreciated.

PS: sorry if this is covered previously, I couldnt find it.

3 days and no answer?

doesn't seem to be the best customer support but i'll ask here anyway..

i tried to sign up for an account today and there's trouble in activating it via the email confirmation link. i get the email and confirmation link fine, but clicking the link takes me back to cryptostocks with the error "this confirmation token is invalid"

tried three times, on two separate computers running different operating systems. probably an internal error. any help is appreciated.

Did these guys all die or something?
First, there's this reddit post where 3 of us are having that same issue, the confirmation links in the emails for new accounts is broken, so nobody is able to join, and our emails to support go completely ignored. Its been 3 days.

http://www.reddit.com/r/Bitcoin/comments/1phhs9/anyone_else_having_issues_registeringconfirming/

So I went searching here on bitcointalk to see if I could find info, and I found this thread, and see the newest post is about this issue.

I ask if they are dead because the first post in this thread is by the user Cryptostocks who has not logged in since Feb 2, 2013.

Better question, is there another service to try that is similar? Just curious if there is no competition and we just need to "deal with it". I really want to try investing in cryptsy, this whole stocks for cryptocurrency is just intriguing to me, and I only stumbled upon it a few days ago, only to find out I can't register.

i informed kumala about his broken email setup some weeks ago, he said it will be fixed but not when.

Not sure what you mean by cryptsy, but there are several other exchanges. Havelock claim to be fully licensed now https://www.havelockinvestments.com/20131101-announcement.php

By cryptsy I was referring to the stock they have listed on cryptostocks.
https://cryptostocks.com/securities/57
They Cryptostocks finally did fix the registration problems and reply to my support emails.
And thanks for the link, I'll give Havelock a look too. I tried googling for other bitcoin stock exchanges, but didn't have much luck.

There are also: http://796.com (http://796.com), http://bitfunder.com (http://bitfunder.com), http://crypto-trade.com (http://crypto-trade.com) . . .

I'll check those out, thanks!
It looks like bitfunder shut down.

bitfunder shut down? damn.... so moving LTC-CHARTS to cryptostocks was a good decision :)

I don't think so, bf just pushes us citizens out (and as we know here - us is not whole world, do we? ;-)). The rest must validate themselves.

OH MY!!! You're right!! Wtf is happening with this world?

http://myBitWorth.com has added support for CryptoStocks.com portfolios: https://bitcointalk.org/index.php?topic=318306.msg3418442#msg3418442

I think the only way you can get your own full transaction/trading history is to go throu the 100's or 1000's of mails you get from the cryptostocks trades you make.

Transaction history for everyones trades in a stock you have no way to get more than the last 50 witch is pretty stupid.
 
Same thing goes with the fact that you can only see the last 5 insidertrades on the newspage witch is a joke of course, thats not good at all that people can't see the whole history of potentially shady trades that some issuers do in there own stock. 

Kumala(Last active November 05, 2013, 12:25:24 PM) https://bitcointalk.org/index.php?action=profile;u=41776 is the owner of cryptostocks and 67% of vircurex he is the one that fixes problems with Cryptostocks, he seems to be very busy doing other things thou, it usually takes long time before he answers things in here of fixes/improves things on cryptostocks.

4 decimal point is probably more seen as a feature than a flaw by Kumala at Cryptostocks, some issuer of scamstocks seems to benefit from this and bases there buy/sells on the fact that price cant go down under 10 000 sat/10ksat /0.0001 btc per share or the fact that the precision is only 4 digit.
Well honest traders can of course to benefit to from the fact that the precision is like it is and i doubt there is any plans on changing the precision as it's been like that during cryptostocks whole excistance as far as i know.
If they ever would change the precision on stocks already issued on cryptostocks to more digits, cryptostocks would then also have to compensate all those that bought in in a stock that couldn't previously trade below 0.0001 if it were to get down under it and some traders lost on it because of that.

I guess stocks from other exchanges that want to move to cryptostocks and that would end up strange in pricing with 4 digit precision can always do a reverse split like 100 stocks->1 stock to get the price/trades in the interval you like.

You will be getting 6 digits this weekend, as well as a few other changes (Wysiwyg editor for announcements and contracts), etc.

great :)

+ yes

Order fee surcharge was a feature requested long time from the issuers.  Its a fee that is collected during trading and is credited to the security issuer rather than the trading platform. The intention behind is that this is a fee that the security issuer uses to cover his operational costs on running his shares on a trading platform.

ah, sounds reasonable!

is there a specific reason why the withdrawal fee is almost 5 usd? shits WAY too high, at least make that thing .001 >.< .005 is overkill for a withdraw fee (even atms are cheaper!)

What happens when a project is delisted?

Did I lost all my investment on LTCBANK now? :(

Sure is beginning to look that way.  However I did just receive an e-mail confirmation containing my total number of shares from havelockinvestments.  I don't think this necessarily means ltcbank will give anything back per share but hey, you can feel a little bit better about the BTC you've lost knowing that at least havelockinvestments e-mails are going out :/

*Yeah, I've lost my proverbial <beep> on this one too

THANK YOU for the new more readable graphs!  Now I can actually read the price of the lower-priced shares, and they look nice!

What kind off new shit is it thats been introduced now at cryptostocks, can the asset issuer just randomly declare IPO period and reset the buy/sell orders and no new buy/sell orders allowed to be placed at traders preffered amounts ?

Thats total bullshit, if you should introduce a new feature it have to be annonsed before it is introduced and if the share issuer havent specified starting and ending dates of an IPO period or the exact conditions in there original contract you can't just let them randomly dissallow buy/sells after it has previously been allowed.
Kumala kan you please fix the error at the BTC32 stock so people can trade that stock again and make sure you don't allow scamstock like JDBIF to starts to randomly dissallow shareholders abbility to put up sell or buy orders at peoples prefeered values, this new "feature" will clearly be abused by scamstocks and will make all serious investors leave cryptostocks for good if you will keep it in the current form.

Not endorsing or defending, just wondering why you are calling JDBIF scamstock. Know anything we should know?

=squeak=

Well just look at JDBIF's original contract for example and you see that TRJ, TheRealJoker that runs the fund have been in violation of his contract for over a year. The shares have a face value of 0,01 btc each and he should pay 20% monthly dividend on that, so 0,002 btc per stock and month.

At the current issued amount ~2 500 000 stocks that's 5 000 btc each month he adds to his debt to the shareholders, well he actually payed around 1,8 btc in January so the debt "only" increased with 4998,2 btc in January.

The way he handled the stock and refuses to pay dividend accourding to the contract has brought the price down from 0,01 btc at the introduction the 9 july 2012 to the current level at 0,000030 btc, 10 days ago or something like that TRJ even pressed the price down to 0,000001 btc where he obviously thought it was good for him to sell at that price so he keeps diluting the share value for previous investors each month by his crazy sellouts of underpriced stocks. The stock has lost 99,7% of it's original value.

if you check the stuff he links, you see its just propaganda/marketing and therefore the chance for scam is really high ;)

Cryptostocks seems to be down at the moment, some error page on there site.

awful lot of info being shown about the environment it runs under... can't be a good thing...

=squeak=

Your probably right, at least they seems to have got it fixed rather quick.

Yup JDBIF I know the person who set this up... is a scam.. avoid at all costs... he "supposidly" put all the btc trading funds into dvc... but when dvc rose there was no dividend payouts.. I was in from day 1 and have still not seen full return on initial investment and now every piece of stock is pretty much worthless.  TRJ just dumps more shares on the market when buy orders are placed.. or when he was supposed to pay out divideds and crashed price to make the % dividend payout extremely low.  Only way I made back some losses was through leaving very low buy orders and dumping when little higher.. people have noticed deliberate pump and dumps on his listings that have most likely solely been done by TRJ.  Do not invest.  Scam and please Kumula remove the listing its embarrasing for your site.

regarding ASCMDVCPT listing I am tempted just to buy everyone out of the shares at above market price as Kumula is not replying to my PM's or requests anymore and quite frankly the bad publicity of cryptostocks is making me think running the listing is not worth the hassel.. sorry to have to say this..

Feel free to pressure Kumula for resolution on ASCMDVCPT or I will give it till the end of the week and start to work some numbers on how I will buy everyone out.

Fuzzybear

Not really sure how someone could have 'dumped' that many shares while in IPO, as we weren't allowed to place limit orders... so something coordinated happened.

=squeak=

Don't seem to be able to transfer held FIREMINE shares over to MINECO?!  Anybody else having this issue?

I am interested to list my service there, but I come with 0 stock trading knowledge. Could someone point me out about:


Do I have to write a contract on my own?

Um... ok... at this point? You shouldn't be listing your service anywhere...

=squeak=

Why not? That's why cryptostocks exist - there is nothing else than those kinds...

I believe many people would be interested to buy some fee shares of LeaseRig.net?

But I am getting no replies from cryptostocks. Is anyone managing this service alive at all?

I said that, solely because, you apparently don't know what it is they are asking you to provide.

So, you gotta learn more about how you intend to run your business first, before you start thinking about where to list it, or even to list it at all...

Cart before the horse thing...

=squeak=

Some crazy shit went down with FIREMINE/MINECO/ALTSWAP

looks like some so-called "hack"

no idea whats going on with those 3 listings.

Some information on them would be great. I picked up a few shares on the "hack" crash. not sure what to do with them now.

around ~300 firemine, and 1 mineco that seem to be worthless now. Probably a scam/inside job. I'm sure the owner just packed up and left.

Now Digimine is delisted?

Right before it almost sold all of its shares. I am beginning to see a pattern lol

yeah... shady stuff going on with that group of 3 issues... and trying to blame CS for it, when it sounds like if there was a "hack" like they claim, it was their own email that got hacked... but they're blaming CS, trying to get all of our email addresses, so they can "pay out our dividends" to us, trying to swap out shares for another issue...

just way too much BS... writing off the 0.03 BTC on ALTSWAP I bought...

shame too, was looking forward to that one.

=squeak=

Shady indeed.....

Makes me feel like cryptostocks is in on it, being so lax and absent......

(lost a little less then .1 BTC spread out over FIREMINE, DIGIMINE, MINECO)  ::)  :P

why so few people trade stocks there? Great website guys, apart from support..... emailed a question 2 moths ago - still no answer )))))

Would be a great idea for some of the more legitimate listings to think about moving to Havelockinvestments.

Just a friendly suggestion. Much more professional site/staff, much more serious investors and more MEANINGFUL volume.

its ashame all is traded in BTC though, i think its great that there is such divercity on cryptostock, also havelock isnt very much user and interface friendly. Would be great if the two sites made something in common i think

http://www.coindesk.com/exchange-vircurex-freezes-withdrawals-claims-lack-reserves/ (http://www.coindesk.com/exchange-vircurex-freezes-withdrawals-claims-lack-reserves/)
Does this include the funds in Cryptostocks?

i fear that the whole cryptostocks platform could be abandoned by the users if the know vircurex is run by the same guy  :-[
yesterday i saw a lot of sell orders here on cryptostocks. maybe the first users wanted to get out their cryptocoins and therefore sold their investments?!?!

I sure hope not.

it does, atleast back then it was hosted on the same server. VCX or C::S got hacked and wallets of both services have been compromised the same time.

https://i.imgur.com/NEsJeWk.png


I did not made those sales!


Is the website being hacked?

Do you have 2fa? If not, please use it, it saves life.

I just got hacked on Cryptostocks and I have F2a I dont understand

How many characters was your password?

Did you have 2fa on your e-mail account? A hacker who can get in your e-mail account, can bypass Cryptostocks 2fa.

Yeah I think he just go into my E mail account :

I found his IP, what I can do with this?  93.10.246.209

The best you can do, is protect yourself so it won't happen again.
Use sms 2fa on your e-mail, scan your computor for malware (or better: reinstall OS), install NoScrypt for your internet browser (or if using Google Chrome, make it automatically block JavaScrypt, images and plugins for website you don't know).  Also, never ever download any .exe that's related to Bitcoin.

If you follow all this, the vast majority of hackers won't get access to your coin.

Hope you did not lose too much.

Wow I loose 2 BTC, Exactly, and I had F2A so I dont understand. Hope the Support will enlight me, at the moment I just dont have any answer.

I'm quite glad for the recent clean-up: "The project owner of MINECO, DIGIMINE, ALTSWAP, FIREMINE has not responded to our numerous contact requests. We therefore will be delisting the projects. Please address all your claims to the project owner."

This should bring much-needed credibility to the exchange.

Announcements

Ticker   
Date   01 Apr 14:15 Change in process of password resets: The system now requires you to enter your Google 2FA after password reset. This is a change to the previous process which did not require that.



About time for ffs!!

There's some error on Cryptostocks site now again, Kumala you need to fix it.

Beta team coders must just love you...

=squeak=

Yeah sure I m pretty sure this change is due to my hack , fuking lack of security, so easy to bypass f2A before , I RECOMMEND EVERYONE TO NOT USE THIS EXCHANGE !! !

I m trading on a lot of exchange for months, and I never got hacked, I m using F2A everytime and different secure passwords,

 Thanks you Cryspto Stock, I just lost 2 BTC !!!!

Had a decent support answer when I asked where my hack come from, and when I m asking some compensation for my loses due to some obvious lack of security from this crappy website :   an akward silence for 3 days now !!!

Im really upset now.

mate, if your email is compromised, you'll start getting hacked in all the services that are listed with that email and use money or wallets.
I would suggest you start checking the rest of the services you use and change all your passwords.
Even an OS reinstallation would be nice.

But please, since you yourself stated that your email was breached, dont create panic.

Oh I thought I had a breach in my e mail but after some verifications , this IP was mine too (you can check it I m from Montauban, and the IP is from Montauban), just my operator changing my IP thats why, my e mail never get breached, so thats why I m starting to be upset.

EDIT : And this support who doesnt answer and dont admit they have a lack of security make me really upset, As you can see they just update the security after my hack , so stop defending them cause I sent maybe 5 messages and they dont answer waiting for me to give up, where are they based?

i'm sorry, i should have made it clear.

i'm not defending anyone.
you said your email was breached.

Can I have help from someone here? cause support still dont answer, I recomment to everyone to NOT USE CRYPTOSTOCK, where are they based? Sould I contact Vicurvex?

Look at this fuking staff, still not answering for 1 week now, representing a company, and then dont answer to customers. Here the reason why Cryptocurencies wont grow up fast, insecure exchange with hidden staff and incompetent.

Someone need to get slapped with a big graphic card in his face here, keep dont answer me after my 50 messages to the support but dont let me find you.

Oh my...I was just considering opening an account there and wanted to check the thread...glad that I did...

been trading so far - no probs

How can i put my shares offline? Can´t find it.  ??? ::)

Click "Projects", then "My shares", and then click the small folder icon on the right.
It is indeed well hidden ;)
(don't forget to copy the passcode, especially now that their e-mail service is down, they won't send it to you)

THANKS!!!

Yeah Guys Just dont use this exchange, I still dont have answer on mail or on this thread as you can see, they dont care about customers, 1rst I lost a lot on Vicurvex, ok no problemn shit happened.

But now, my account got hacked because of their crappy website, and overall, they dont answer to my mail, pm on BTC talk...

Another project that list on CS is a possible scam. One of the insider that did marketing for this project say he might be scammed as well.

https://bitcointalk.org/index.php?topic=525700.msg6182900#msg6182900


Srlsy why the heck are so many scam project listed on CS and why are they or others all got hacked via some weird way and CS dont give out IP adress when u ask for it??

Some way very deep in my back of my head say CS might involved in all or most possible scams project list there. Why wouldnt a owner not think about this if he did some bad decisions about vicurex. Why can he not take btc out of some project or list themselve as fake projects there and just accumlate free btc from ppl and ignoring e-mails.

There is a project list on CS calls coinfarm. Those guys that runs there are by far most legit on CS and most transparant. But somehow he got hacked aswell tru weirdest way just like the owner just logged in his account.
The hacker took only 6 btc when the account had more. Why the heck would a hacker leave btc when there are more to grabs? Perhaps owner of CS think he get away with and just being nice to not collapse the project?
Also owner of CS is from china, and hacker is also from china. If u cant beat them (hackers) then join them i guess?

Under is the announcement of coinfarm



Hacker withdraw 6 btc, but strange things is ... The balance should had 25 - 26 btc in account.  Why do he just withdraw 6 btc and not all ?

I found a ip which login into my another email account.  the ip source is from china.  And He just hacked into my account before I login into account.

When I try to login into my account with correct password,  but I cant login.  So I reset password... then noticed my password were changed.  I will ask mail admin to check my account ip login history. 

Only 6 btc been stolen, all other our funds invested hardware. 
I dont know what should I say.  That hacked leave 19 btc to us..

Actually, Coinfarm confirmed that the hacker passed through his e-mail account, because he did not us 2FA there (a flaw that has been fixed by Cryptostocks since). Since his e-mail account was public, it was probably easy for the hacker to brute force it, and if the exploit was internal with CS they would not have needed to pass by that route.

Though I agree with you that Cryptostocks should be a little more restrictive for the "projects" it lists, ie. ask for pictures of the equipment used by mining securities, etc.

I was using F2A too and support send me an e-mail showing me F2A was desactivated.  (I was connected to my session during the hack).

I m upset because the staff change the security right after my hack so wtf , I am a fuking security beta tester ?

I got owned 2 BTC , they change their security, ok but now I want my BTC back.

warning

https://bitcointalk.org/index.php?topic=569037.new#new

don't trade anynmore on vircurex and cryptostock with this fucking scammer



any help to find real data of kumala is appreciate

yeah i dont like cryptostocks anymore, i moved to havelocksinvestments  :-\

Which is actually your website ?

A bit unfair advertising, isn't it.

how the hell nobody says shit about the 2800 BTC that vircurex is missing on top of the 2013 hacked coins for a total of 5000 missing coins?

will you wake up? here's the order book on the buy side for vircurex shares on cryptostocks (the other exchange owned by kumala)
guys 5 fucking thousand missing bitcoins and someone is still bidding this shit?
my advice: sell the last share you own before it goes to zero or it disappear along with the exchange itself!

Buy orders (BTC)
Price   Quantity   Amount
0.065001   1   0.065001
0.060001   1   0.060001
0.060000   1   0.060000
0.056003   1   0.056003
0.056000   1   0.056000
0.055014   5   0.275070
0.030000   24   0.720000
0.025200   4   0.100800
0.025100   200   5.020000
0.025006   5   0.125030

unless kumala answer the questions about the 5000 missing bitcoin on vircurex the risk that cryptostocks will go offline along with vircurex are very very high right now.
beware!! everybody!

Looks like BTC32 is a scam too. No sign of life since almost a month, and e-mailed them last week; still no answer.

Tired of this, Fighting everyday to make 0.10 BTC and losing 2 BTC, because of fucking website like this unsecure, and these guys dont awnser, pfffffffff  :'(

And, once again, the email notifications aren't working...

Their email system seems to be down more than it is up...

Without the means to download a CSV of my entire trading history, and the "Legend" (and would you rename that LEDGER already? That isn't a LEGEND) only shows last 50 transactions, which makes having a full CSV available AN ABSOLUTE, MUST!!!

When we can't see our full history on busy days where we can do 50 transactions (with each fee considered a separate transaction) within hours, RELIABLE email notifications is a necessity...

I used to recommend Vircurex, and then when he created Cryptostocks, I recommended that too because of how responsive he was with Vircurex... those days are long gone, and he just doesn't seem to give a shit anymore.

So... something has to change, and quick... If the owner doesn't give a shit anymore, then do the community a favor, and liquidate, and shut everything down.

=squeak=

Hi Cryptostocks / Squeaker

I've tried contacting support via email, but no replies as yet.  I have a new phone and the backup 2FA number that I was given does not work.  I am now locked out of my account.

I can provide other information to identify myself, such as signed emails, IP address from logins, the balance of my account and trade history.

Please let me know how I can remove 2FA, or what other documentation or evidence your require to verify me.

This does not work:


When I try to transfer shares to an email address, the answer is always the same:


and nothing happens.

A transfer fee has to be paid, I believe it is 0.01 BTC.
So you and the person you transfer to need to have that amount.

Hats off to BCMinecs, who continues to pay regular dividends even though he stopped selling shares.

It is very commendable to see people working together and not scamming each other.  Best of luck with this folks.

warning

https://bitcointalk.org/index.php?topic=569037.new#new

don't trade anynmore on vircurex and cryptostock with this fucking scammer



any help to find real data of kumala is appreciate

Shady stuff going on here. I was (luckily) able to withdraw and avoid the growing mess that is happening. I'm not 100% sure yet but I think I'm keeping half my coins in a wallet doing nothing and put some in bitcoinbourse's stock exchange.

Hi Cryptostocks, just wondering if I could get an update on this ticket please.

Please take my name off of that...

=squeak=

Thanks.

Is it a flat fee, regardless of the number of shares?

Where can I find that information on the site?

Why doesn't the site answer it? That would make sense, wouldn't it? The error message is not explanatory enough.

https://cryptostocks.com/fees

Resolved.  Thank you.

For all of you that might come here and consider opening a security, I wanted to mention that you should check out Nxt.  Nxt is a second-gen (i.e. Non-BTC fork) crypto currency that has a built in Asset Exchange.  The AE is essentially a security system like Crypto::Stocks.  The asset exchange has been built and integrated into the Nxt Cryptocurrency, but it will not go live until block 135,000 (we are currently at block 128,200.)

The reason for the delay is because a few other updates will be kicking in at blocks 130,000, and 132,000.  The dev team is trying to make sure that these other updates work properly BEFORE the asset exchange is turned on.

If you are interested, you can find out more about Nxt from the following sites:

Semi-Official Nxt Site (http://www.nxtcommunity.org/)
Nxtforum.org (http://Nxtforum.org)

the scam is going public:

http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/vircurex-an-exchange-that-stole-2-5-million-from-investors/#comment-12

KUMALA where is our MONEY?

I believe that unless Kumala returns the money stolen this is going to end bad pretty quickly. within a week Vircurex could be offline and Cryptostocks too.

beware, before too late.

How is cryptostocks involved in vircurex? I have shares there and cant withdraw bitcoins because the site claims the wallet is offline. Am i have a reason to be concerned?

Another toilet, same shit.

Cryptostocks and Vircurex, owned and operated by same person...

(and Cryptostocks email notifications are back down again, after being up again very briefly last week)

=squeak=

Damn... i still cant withdraw. Is this the status since a longer time already?

This is not lookin good. I hope everything goes back to normal.

multiple projects are reporting problems with wallets for a couple of days there, in their announcements.
CS should post an announcement on site, to acknowledge the fact they are aware of the issues.
Otherwise, i would think it's time to grab some popcorn...

you really think it will return? Kumala pulled the vircurex scam asset on VCX, breakin its contract. Kumala freeze Vircurex assets.
Next thing happening is the freezing of Cryptostocks assets.

SCAM WEBSITE!

I warned the manager about JDBIF a fake listing issuing assets for 0.005 btc, when assets were trading for 0.0000001 a few days before.
They kept it up and running, i think they are related. See the transaction history.

https://cryptostocks.com/securities/11

DONT BUY YOU WILL NEVER RECOVER YOUR MONEY

I got in contact with the support and they repaired it. My withdraw worked now.

I was told they get emails if the wallet fails but this time it was a special problem that wasnt covered yet.

So it should work again.

is it true that cryptostock in trouble ?

They had technical issues only, their wallet is repaired since two days ago. I was able to purchase GRID shares and receive dividends and withdraw.... GRID keeps list of shareholders so even if cryptostocks disappears he will continue to pay dividends. Just be careful what projects you invest in!

https://cryptostocks.com/securities/94

don't trade on cryptostock

kumala is a fucking scammer

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

Why trust a centralized asset exchange when Nxt has a decentralized one.

I switched, and a lot of people will switch.

references pls, no marketing ;)

Just dont use Crypsto Stock as you can see in my messages before,  right after my (hack account) they update the security , and still blame for the hack.

(Have F2A and nothing wrong on my computer)

+1

Im a bit worried about the implementation of 2FA. There are a not small number of 2FA-Codes that work all the time. At least thats what the settigns page claims. I thinks thats pretty risky and would make bruteforce attacks much easier. I didnt see such codes at other websites yet so i think its an additional risk only.

And what i dont like is that it only protects the login. Ubikeys can be configured to be used for withdraws and trades of securities. But thats not the case for 2FA. So it sounds risky for me. Logging in is easier and then no protection anymore.

I would like to have this changed. I think these recovery codes are risky. Im not even sure if one recovery code would be needed since you would have to write it down somewhere. But at least 2FA should be useable for certain tasks too.

Has BTC32 been confirmed as scam? Is that the reason for the trade stop?

Their web hosting was suspended, due to lack of payment. I think it is safe to assume they did a runner.

Wallet got raided?

What do you mean? Mine is still fine. (Although I'll be sure to withdraw as soon as I finish liquidating a few shares)

Site was down now nobody seems to be able to pay dividends and no communication.

any one knows whats up with P2P devcoin?

Are withdrawals working now?

I tried to withdraw 2min ago and the wallet is still offline

Not sure if I should buy as many shares as possible, to have something of value in case Cryptostocks' wallets are dry, or if I should sell all my shares in hope the wallets will be fixed so I can leave this site asap.

I am in the same situation torn between selling my shares and getting out or keeping them and turning my remaining balance into shares. It just sucks since I have made a nice profit from cryptostocks this past month. I dont see any of its competition as profitable as cryptostocks including havelock.

I have a DVC deposit which is not even showing up on my account. Any idea when that might clear?

Looks like its not only their BTC wallets having problems.
FYI, deposits and withdrawals in Bitcoin have been unavailable for about four days now.

yeah btc and dvc witdraw not working

here another thread about witdraw from cryptostock https://bitcointalk.org/index.php?topic=632487.msg7093977#msg7093977

Good news; I can confirm that wallets are now working!

and how about the email server?

=squeak=

This is still down, I've sold a few shares today and received no e-mail.

They paid a dividend today, I'm quite surprised! And it's weird, considering they made no announcement to go with it and their website is still down.
Perhaps Cryptostocks emptied what was in their wallet to give back to shareholders?

and my biggest longstanding complaint about CS?

NO USABLE TRANSACTION HISTORY!!!

Not even through the API?

With all those IPO's, most of the shares I had, had their orders removed, and now as some come out of IPO (technically, SPO), I would really like to go through my transaction history and work out what my profit/loss points are for putting my orders back up, and I can't.

I can't even run through the history to do any charting with the data!

This is an absolute must for any kind of financial exchange, to have a full and complete transaction and trading history available, AND THEY JUST DON'T GIVE A SHIT.

NOBODY should be continuing to be trading here, if they aren't willing to make BASIC ACCOUNTING available of our assets and funds!

This is thoroughly UNACCEPTABLE!

=squeak=

That was indeed quite a surprise, and I agree, an announcement would have been nice.

I would really like to know why its a trade stop,  Just another company I can kiss my btc goodbye I guess.  No explanation?

This is just me speculating. But with the hosting/domain offline, I assume CS are unable to contact the issuer, and thus have no alternative but to put a tradestop in place.

Even when the domain was up, they would not answer their e-mails.
It's a shame, since they seemed quite transparent in the first two months, with graph showing exactly what their investments were.

I'm currently withdrawing my money from cryptostocks because it just does not feel right. I sent the first 0.25 through and it took a while to get conirmed. Now with the second 0.25 btc I'm already waiting for an hour and it is still unconfirmed. They seem do not add a fee so it takes longer.

Edit: I checked it in the blockchain. It is true - With the second Transaction they did NOT INCLUDE ANY FUCKING FEE, I don't even know if that means that this transaction is going to fail. They're charging you 0.05 BTC to withdraw but they can't include a Fee!

I'm REALLY happy to get away from cryptostocks!

Edit 2: It got confirmed after 57 Minutes.

Still happy to get out of cryptostocks!

It appears you are not the only one. With the exception of RETURN, every non-IPO-flagged security seem to be falling in price.

I'm surprised to see Coinfarm drop so low, it has been very stable since the end of IPO until now.
It's tempting to buy at that price, but I also want to get out of Cryptostocks; the dillema!

I wanted to wait longer, for coinfarm to recover, but I was the guy at 03;59, selling my 58 coinfarms. Main reason is: I fear the weekend. The CS-Wallet was offline twice. Both times it went offline at the weekend I think. And we had TWO warnings. I'm afraid, that the next one, is going to be the big one and CS is gone. I've had like 0.5 BTC in CS (and 20 Euros in CPW, but that is gone anyway I guess) and 0.5 BTC is not something I just want to lose. Especially not if I have to tell myself - You KNEW, that CS could fail.

I'm moving over to Havelock and get me some IMO more "secure" stocks. Also - I think that I can get an even higher daily divedend with B.Mine, or at least a more stable one.

@ Lynn_402

That was what I though. I think at 0.0033 coinfarm is a HELL of a good buy, because I be most just sell it because they want to get out of CS. But if CS proves to be reliable then Coinfarm pretty much must recover, since it is undervalued now. They're not selling because Coinfarm is bad, but because lost trust in CS. Like me.

On the other hand sind: It feels sooo good to be out of Cryptostocks. I've seen too much shit failing. Like MtGox and Coinex.pw and what not. One always hopes: Ah, it will go on somehow, but most often it does not. So fuck that.

That's well said, Chellger.
I agree it feels much better to have our coins safe in our own wallets. And cryptocurrencies are themselves a great investment, it might be unwise after all to try to get a bit more out of them by taking high risks through unregistered securities on a shady website.

So CoinReturn has pretty much been confirmed to be a scam now, and quite a good one taking more than 100 BTC and redistributing less than 50.
Which security left on Cryptostocks is actually legit? Coinfarm, Cannabit, Cryptsy and Unitely?

CCC is also legit! but not actively traded anymore on cryptostocks because we are moving to NXT AE!

I was contacted by Cryptostocks to start vetting IPO's, I responded but have not heard back from them. So they are interested in having better security. What is AE if I may ask?

I believe it stands for Asset Exchange.


Hope you'll prosper, you deserve it from being one of the few honest business in cryptocurrencies!

aaaaand... their email notifications are down... AGAIN... after being up for only a couple days, like last time...

probably be another 2 months like last time before they get it back up again...

they just don't care anymore.

=squeak=

They answer my security related questions and it seems they sit together and speak about it. Though im not really pleased about the way they decide. It looks a bit like they avoid the ways that mean more work.

I now put my shares in offline mode to give them a bit more security.

Anyone else not receiving the email necessary to withdraw BTC? Anyone else not receiving the email necessary to disable to required email confirmation for withdrawals?

 >:(

It was working yesterday.

Their e-mail servers have often been down in the past, but never for more than a few days, so there's not much to worry about.
Although it would be wise to disable this option the next time you'll be able to.

That is very good to hear, thank you.

They've been down for weeks at a time, more than once this year alone...

more than a few days!?

please...

=squeak=

Oh, I don't recall that it lasted that long.
Then again, e-mail confirmations were not important, so I might not have noticed.
Sorry about that.

However, I'm quite sure that most of the times it lasted for less than a week.

Well, I do get confirmations, and they are very important to me, and most of the times have lasted weeks... with one a little over a month... which I complained about loudly in the thread several times about.

So... :shrugs:

your mileage may vary...

=squeak=

Yup once the raised the IPO flag again though there wasn't much we could do as you can't sell out.  As they had almost 100 shares of Cryptsy shouldn't cryptostocks be using those to partially reimburse investors.

They probably sold all of them when they decided to run away :/

I believe the small dividend from June 4 was Cryptostocks refunding share-holders with what was left in their account.

SSL? Geez..he should be using cloudflare like any other major bitcoin exchange

How do you change email on Cryptostocks? Anyone???

I'm quite sure you can't :/
Someone asked that earlier in the thread, and was quite angry that he could not find a way to do it.

that really sucks

aaaaaaaaand... email notifications are down, yet again...

they are down more than they are up...

this can't continue like this if CS cares about surviving...

=squeak=

Alright, look... this is totally unacceptable...

The owner of CryptoStocks obviously doesn't give a shit about his business anymore, and as a result, the owners of more and more of the listings there aren't giving a shit either.

EITHER TEND TO YOUR BUSINESS, CryptoStocks, OR SHUT IT THE FUCK DOWN ALREADY!!!

This is thoroughly unacceptable.

=squeak=

ps: To the listing owners on CryptoStocks that still give a shit, do yourselves a favor and delist and relist ANYWHERE ELSE except CryptoStocks... the longer you guys stay there, the less seriously we investors are going to take you guys. How can you guys find this apathy of the ownership of CryptoStocks acceptable!? Like it or not, this not only reflects on them, but it reflects on you guys too. You guys need to get together and kick the CryptoStocks owners' asses until they get back to handling their business, or walk away. They obviously aren't listening to us... _maybe_ they'll listen to you.

and now 21 confirmations on a BTC deposit, and nothing on CS, so looks like they let their wallets die again too...

WTF guys...

=squeak=

Yeah their wallet is offline again, i tried to withdraw but not working sigh

they just don't give a shit about their service anymore... it is like they take a look at things once a month, and otherwise just leave it alone and if it works or doesn't, who cares?

=squeak=

I could care less about the email updates, I need to transfer BTC out of there and I can't, anyone have an update from them on this matter?

The email updates, the wallets being down again, the open orders not showing which stock the order goes to, they are all symptoms of the real problem...

The email updates being down also interferes with the companies being able to communicate with their shareholders.

and if they stick to their pattern, it'll be a few more weeks before anyone will be bothered enough to even look to realize there is a problem.

=squeak=
ps: what's sad about all of this is I remember back when he used to give a damn... and was very communicative, and willing to implement features, like the full-detail trade notifications Vircurex had...

Well this is sure helping seal their fate. Once I get my BTC out of there (maybe never), I sure won't want to put any back in.
No email, forum post, etc. It's like they think they are a decentralized exchange!!!  ;D

Should be an alternative coming fairly soon  ;)

https://bitcointalk.org/index.php?topic=717268.0

I've actually been liking how NXT operates, but there is a learning curve to it...

=squeak=

Not what I was talking about  ;D

I've used Nxt AE and XCP, both seem like good alternatives.

Any updates? This is insane!

i am trying to move the cryptocoincharts shares CCC from cryptostocks to NXT AE but its a slow and painful process because most of the shareholders dont know how to use NXT AE and many havent even found out that i am moving because the email system at cryptostocks isnt working... but for the future NXT AE is definitely a great place

have you seen secureae.com (http://secureae.com)?

Really easy to use, and you can transfer BTC to the wallet, and it will convert to nxt for you.
Might come in handy for your shareholders

The problem I see with NXT and any other securities based coin is there is still no identity verification, so you're giving your coins away to the unknown. Adding to which they are effectively an alt-coin which many investors dont want to get involved in.

Anonymity in the community is somewhat of a sore subject, but when investing in projects I like to know who I am investing in (and who to chase if they run away with my coins). That's why for Coinsortium (http://coinsortium.co) we have partnered with Ardeva (http://ardeva.com) to provide a full verification profile.

For example; https://coinsortium.co/security.php?ticker=ARDEVA (This is a test listing)

You can see exactly who the project owner is by clicking through to their Ardeva profile (https://ardeva.com/profile/55fcaec6-f4f1-4228-aeda-8003694b34a8) which validates such data as their ID, home address, income, cross checks against credit cards, IP checking, SMS verification etc, with additional checks being added nearly daily.

Does anybody know anything? is there an status update? he doesn't seem to be responding upon e-mail send to the adres supplied at the contact from of cryptostocks. Also there are no news updates on the website leaving investors and project owners in the dark...  ??? ??? :-\

my deposit finally posted.

=squeak=

Perhaps a withdrawal would be wise ;)

the shares in the company I was buying with that deposit, I have faith in... the exchange itself, I don't anymore... but when that company gets themselves moved over to a different exchange, I'll still have my shares.

=squeak=

There are a couple of votes currently taking place to migrate to Coinsortium. One has already passed, the owner of which runs another two securities and hopes to eventually migrate them too (subject to shareholder agreement).

I voted to move over on one in my portfolio... (which was the reason I made the deposit to buy more shares XD )

=squeak=

I look forward to seeing you over there ;)

Is there any information when Kumala will fix this problem, its extremely annoying to not be able to see what orders is on what stock.

Has anyone tried to withdraw, I am getting message "We're sorry, but something went wrong." ???

"We're sorry, this is just another small scam. Please stand by."

Nope... he just doesn't give a fuck anymore...

=squeak=

Aaaaaaand, as further proof how he doesn't give a fuck about his exchange anymore...

The email system (and notifications) are down again, since at least Sep 22nd, we STILL can't see the ticker symbol in our open orders list, so we have NO idea which order to cancel if we want to change our bid/ask on a stock...

He needs to sell his exchanges to someone who actually gives a damn about running a good service, since he clearly doesn't care anymore like he used to. He ignores his exchanges, he ignores his customers, and he ignores his duty.

To run a successful business in any sector, you have to have a high amount of personal pride, to do the job right, especially when it stops being fun. This isn't a hobby, something to just walk away from when you get bored and want to do other things. This is an obligation, a commitment... This is a BUSINESS.

It is about time it starts getting treated like one again.

=squeak=

If you want that kind of attention you should come to Coinsortium. If there is something we're very good at it is Customer Support.

I gotta go where the companies I'm invested in go. If they move, then I'll move too.

=squeak=

If they are in Cryptostocks they can certainly come to us for a better service. Care to tell me which ones you invested in?

If they are in Cryptostocks they are probably a scam, which is already dead and not interested to move anywhere.

That is outright false:

TRADER
MSP
BIF

are all legit businesses, the fact that the exchange is crappy doesn't mean that those who are listed in are scams

CRYPTSY is listed on them, I wouldn't call them a scam either. That is the one I have my main investment in now, the others I got out of a while ago... although I still dabble in day-trading the pennies that still pop out the occasional dividend on top of it.

I'd rather keep the bulk of what I'm dabbling in to myself, but talk to CRYPTSY... It wouldn't surprise me at all if they are also frustrated with the service (or lack thereof) they've been getting at this point.

=squeak=

Will do! Thanks for the hint  :)

I'm absolutely double these thoughts!

Dear Kumala, You have to sell Cryptostocks or, at least, hire a confident person!!

What happened again with https://cryptostocks.com?

We're sorry, but something went wrong.

please use a decentralized asset exchange like NXT

Yeah, using this is a risk. But NXT really has a learning curve before you can use it correctly.

NXT still has maturing to do yet, too... particularly with how orders are filled. (more specifically, with how you are notified of it)

The fees are insane too, so, forget about day-trading...

=squeak=

cryptostocks.com now works

still

https://i.imgur.com/jDHhdjH.png

Something went wrong... Scamming you since years...

Kumala if you read this... i know you fix cryptostocks once in a while to get rid of the red error message. But it seems you did not realize that the email function is not working. Which leads to problems since cryptostocks doesn't send out any email at all... that brings trouble to account owners because email verification, password reminder and such doesn't work anymore.

Since you did not abandon your project i guess you still care a bit for it. In order to not lose further users i would suggest you check the email function and repair it.

kumala is a fucking scammer

I heard such stories about his previous projects, though he is anonymous and i had no luck finding someone who knows him and could contact him for me when i requested info about labcoin shares traded.

Kumala, yesterday i was told that the email system is not completely stuck. The issuers still receive their list of shareholders from cryptostocks via email. Only the users don't get emails. And no email for dividends that are paid out happen either.

So maybe you have two different scripts running there. One for you and issuers and one for shareholders. The latter script seems not to work. Hope you fix it.

is it down forever?

Good questions ... I like to know as well ...

vircurex is still working then, are they still run by the same people.   Thing is the stock should not be reliant on the exchange for value so its not quite as bad as when coin exchange with deposits fails in service

If they are still owned by the same people then it's strange that vircurex still runs fine while cryptostocks is abandoned. At least they should have asked the issuers to move the stocks to vircurex then.

+1
But it might also be a sign that virurex.com will share the same fate in the near future. I'm going to stop trading with them and withdraw all my funds.

If more do the same then it might lead to some answers coming through. Maybe if we are lucky we get a working cryptostocks, like a deadline, so that we can at least withdraw everything. Of course the user emails need to be repaired since users that enabled email confirmation can't withdraw their coins even when cryptostocks is up.

My observation: Cryptostocks does not work when a Cryptsy problem.
Cryptostocks somehow connected with Cryptsy

I don't think so ...

I asked the vircurex support if they can forward my bug report to the owner but no reaction at all from them. I wonder if that is the general reaction on support requests at vircurex but it would be a bad sign for vircurex too, if so.

I had a support issue a 2 years ago (with vircurex) .. it took them 3 days to answer.

   one4many

Then it might be the type of request i had. :D Anyway, it seems cryptostocks is back since some hours. Still the email functionality only works for the issuers, who receive their daily list of shareholders. But not for the normal user.

I'm not sure if kumala only added this now but at the bottom in settings there is a button to check if one can receive emails from cs. Though i can't receive emails from them. And my emailprovider is not blocking anything since i control it somewhat. The strange thing is that it worked months ago, now not anymore.

Hmm ... I can't find that button. But I tried to withdraw some BTC and I got the message that the Wallet is offline. So I guess it is not fully fixed yet.

Wow, that sounds bad. ::) Well, i think nobody except maybe issuers will send coins there. Hopefully.

The button is at the bottom of the settings page when you click your username -> settings and then on the bottom is the checkbox for email confirmation and below a button to check if you can receive email.

But don't worry, users can't.

Found it it. Any you are right .. it does not work.

E-Mails still dont work. Still cant withdraw my BTC.  ::)

just stop using a scammers platform ;) good luck on the btc.

It's in the work though it's hard to do at all since cryptostocks hasn't the best ways to find the shareholders. For example other exchanges created list with shareholders that were sent to the issuer so they can know who owns the shares. But cryptostocks send out email addresses for the shareholders and still you don't know all users because you only have those in the list that allowed the shareholders to see the investors email.

It's not easy.

But that the wallet is offline is pretty bad. Was not the case before. Or is it online again?

It seems the wallet is online again since i received word that someone was able to withdraw.

I noticed the news page on the home pages mentions that kumala is aware of the email problem and that it's the fault of a third party software. He claimed he wants to replace it but the news is from august. Might even be august 2014 since cryptostocks does not show any years on any page. ::) Guess accounting would be hard to prove if bitcoin projects wouldn't die so fast that you can be sure that some dates are from a certain year. ::)

Guess cryptostocks only was rising because no alternatives were there back in the time.

Confirmed, I was able to withdraw some BTC. So the only questions which remains is can cryptostocks still be trusted or do we need another, better, safer, more reliable solution!???

I dont suppose anyone could ask they change this requirement
>> BTC: Minimum withdrawal is 0.02

I should be glad I havent much to lose, but overall I havent much ! to begin with :0

Its ok, most of the money was tied in the main stock crytpsy so its not much of dilemena at present just an unfortunate loss :(   I did sell some ages ago to cover this scenario so I hope did everyone else

We try to push our issuer to move to counterparty (xcp). It is a great, intuitive and very easy to handle way to handle shares. If i would have known about that before i would have suggested it before.

You can bind shares to normal bitcoin addresses, can trade the shares and receive dividends. Pretty easy. :) So i can suggest checking it out.

Here are some good tutorials. The videos are mostly gone but the picture tutorials are great: http://foldingcoin.net/resources/video-tutorials/counterparty-guides/

sebastian why not use NXT asset exchange? its fully decentralized and working for a long time now with a lot of volume. and its easy for your shareholders to use it

Actually we tried that first. But it is very complicated, has a learning curve. Then the problem was that the issuer would have to pay in nxt and solutions to pay in bitcoin did not match well.

Counterparty is very easy to handle so that i have high hopes that it will work fast there.

Woow ... wall of text  ;D .. but looks very promising. Thank you for the tip.

      one4many

I've been trying for months to withdraw my BTC... I can catch the wallet when it is online, but never get the verification email, so my request just hangs there. I did get email from cryptostocks when I signed up of course... I tend to agree with the scam warnings. My emails on this issue have gone unanswered

I have tried several times to withdraw BTC, Status: "Confirmation request sent", but email not received, and no response from "customerservice" .......

I withdrew BTC without a problem. But I turned of all the security mambo-jambo beforehand ... so no verification email was necessary.

    one4many

In current situation can't uncheck withdrawals email confirmations because: "Email send to confirm deactivation of email confirmations" and of course no email .....

That is extremely unfortunate. Is it possible to transfer balance within cryptostocks so no email is required.

I wonder what kumala is working on. It seems cryptostocks is not his priority, obviously profits from there will be low and unlikely to rise again when he put works in it. Vircurex did not answer me either, so he might have a new project he puts his time into or he left bitcoin.

Edit: Kumala, there is a problem with your daily update or something like that. If a security is set on Trade Stop then your update removes that setting and it is live for trading again.

The biggest problem is that the withdrawal verification emails haven't been working for over a year. (gmail)

Our BTC is stuck at cryptostocks.

Please fix this asap.

it would be interesting to know his new name...

Posts merged to prevent ban because of double post...

---

It seems kumala has read and fixed that the trade stop is being sat back every day. So it might be that kumala did not abandon his projects totally and that he reads on here. At least the security that should sit on trade stop remains in this state now.

---

I once asked in the forum is someone knows kumala personally but no one said a word. He surely can't be anonymous to everyone but it seems he is pretty good anonymous for now.

At least he did not run with the funds or so. He had the chance some times. Probably he is known by some, they only don't come out yet.

Someone still use this site? I cannot withdraw BTC, e-mail confirmation not work, no response from support,..... anyway is a small amount and I will count this as a loss

Same here. Password recover function works fine and the E-Mail arrives in seconds. Withdrawal confirmation e-mails seem to be disabled to keep the BTC on the site and just rob the users I guess.

I forgot I have an account in Cryptostocks.com. This week, I realized that I have 15000 bits there, but cannot withdraw because the minimum amount is 20000 bits.
Is there a way to recover this money?

of course not, because the owner is a scammer... gosh, read!

Just an update... still unable to receive withdrawal confirmation emails... still trying to withdraw. Request pending for months... STAY AWAY FROM HERE if you don't want to lose your BTC

The wallet is offline. Please try again later.

This happened quite often though it looks like he repaired it at the end. Probably when complaining only. Though he did not repair the issue with the user emails. I hope for kumala that this is not intentional.

In March I can withdrawals yet ) Pity that is now wallet offline

I will reiterate again - even if the wallet is up, the confirmation email (required to complete a withdrawal) is down, making it impossible to get your BTC back. I have a pending withdrawal since March 28th that I cannot complete  >:( STAY AWAY!

I was able to withdraw the funds, by mail confirmation of my off

The problem continues - cannot receive the withdrawal confirmation email... in addition, one CANNOT turn off confirmation emails, as the system sends a confirmation to check that you want to disable that feature. Ugh!!! Save your BTC, stay AWAY!

This project is still alive? Ashame it didnt work out, was a good idea at the beggining

Still cannot receive the confirmation email and now this....

"Cryptostocks will seize its service on 30.04.2017

The platform will remain operational till that date. Please withdraw all your funds before the deadline. Withdrawals after 30.4.2017 are processed manually and will incur a fee of 0.1 BTC per transaction. Regarding questions about the securities, we ask you to contact the security issuer, they will be receiving all needed shareholder details. The website will be taken down on 1.6.2017"

I hope there is a window between April 30th and June 1st where a manual withdrawal will work - but I will be robbed of .1 BTC for this :(

Same for me. Confirmation email is broken for withdrawal (approx. 1 year ago). I have a small amount left here, anyway is less than 0.1BTC fee .... probably many people is in this situation.

Great point about people with small balances... lots of folks are going to lose out here

needs to be a snapshot and full release of information on the various scams and their issuers that originated here.  apparently even Paul Vernon (or Bitjohn or some ex top level Cryptsy staff with access) was able to release and dump more CRYPTSY shares a few months ago, this should not have been possible  >:(

Will the owner of cryptostocks please reply to emails. Some of us have more than 1 BTC on the site and would like to withdrawl it before it shuts down. I've been trying to contact them for months with no response.

Update: All hope is not lost. Finally received a reply after the web site went down last month, and did get my BTC returned thankfully.

-dg

Is the owner the same as the vircurex exchange? I have frozen funds in their still, anyone know the guys email?

Yes, its the same scammer. No way to reach him. No way to get what he owes you.

I also had funds locked into that exchange.  Again they wont allow any withdrawal without excessive fees.   Any legal business has an obligation to return customers funds not, haha too late its ours now.   Anyone associated with such a broken enterprise should not be trusted as they have profited from restricting access to customers, they did this for a long time wasnt just recently