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Im thinking this ryan-coinpal hacked this kid Ryan Gays information and is now trying to frame him. No one is stupid enough to scam a bunch of people and leave their real identity in the WHOIS. I mean come on. It seems this ryan-coinpal called up godaddy and basically stole this Ryan Gays godaddy account and credentials, which is very easy to do https://medium.com/cyber-security/24eb09e026dd . Or this is the biggest case of "bitch cry wolf" ever imagined. Its also funny that this Ryan-coinpal was all, "Im a partner and in charge of branding" "Im a partner wah wah wah" over and over and now he is yelling scam. Whats with this dude? He seems like a scammer. Its likely that there is only one person using the two names- CoinPal & Ryan-CoinPal. If the 2nd guy (Ryan-CoinPal) hacked into the 1st guy Godaddy's account , why has'nt CoinPal said anything. Also why would Ryan-CoinPal hack into Godaddy to anonymize the registrant name, if its not his name. The current WHOIS data has just recently been set to privacy protection. So it wasn’t like the registrant left his id available. However, when the IPO was first announced, the full registrant data was available and was stored offline. It was part of what gave the IPO "some" fall-back credibility. It was a real address and name, corroborated with data from other sources. Privacy protection at the launch of an IPO without any other info on the promoter would have been a serious red flag. Especially with the lack of other convincing info initially-(site under dev, current mining equips). Furthermore, the original CoinPal username has not logged in since April 8th. Its been the new Ryan-CoinPal logging in. |
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Well then, it's seems to be quite obvious that the Ryan from Frank Gay Plumbing is the Ryan from Coin Pal. If we don't hear back from him and if all stake holders are not refunded their money, we should draw up a letter with all evidences and send it to the local news in the area. I happen to actually live in Orlando, FL so I have no problem listing myself as a contact if need be. Lol, Murphy's law prevails once again.  +1 |
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Thanky you! I checked also couple weeks ago and it does say Ryan Gay was the owner. Anyway the ryan gay here match well with the Ryan-Coinpal above if u read the linkedin profile. Ryan-above mention earlier there was indeed two ryan's. What i think its just one ryan after all. After Ryan above had acces to the coinpal account on this forum after some days, just coincident right? Then why he decide after all make another account under ryan-coinpal hahaha Anyway ryan1 or ryan2, it doesnt matter. He though if he blows up this project as a scam and trow a fake lawsuit into it he could get away with it lol. Anyway Coinpal, u still havnt scam ppl YET, i think u should hired real ppl to develop this FOR REAL and the deadline is 18th and go from a scam to a real company lol. This will the only way to save urself. I expect a divident tomorow aswell sinds ppl are still buying shares of u. Cant wait till 18th  Edit: Oh right, there was also person that made a comment on his google page on 9th april about coinpal. Sind this ryan blows up on a later date. It all match together!
9:43 PM
Hi Ryan, what happens with coinpal ? I expect that isn't a scam Its worth noting that the first Coinpal (who made the initial IPO announcement) on this thread registered and had the last activity info as follows; Date Registered: March 04, 2014, 08:41:03 AM Last Active: April 08, 2014, 05:14:46 AM The new Ryan-CoinPal registration and last activity are; Date Registered: April 08, 2014, 05:21:27 AM Last Active: April 12, 2014, 02:36:25 PM It appears the new Ryan-Coinpal registered 7mins after the first CoinPal left the scene and has never come back. All communication since then has been from the new Ryan-CoinPal. They indeed may be one and the same. |
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I think we should wait till tomorrow the dividend get paid, if they still keep paying then wait for the 18th of site launch. If the site isnt gonna launch then we have legal right to take action. We got all the info. The Google page of this ryan match all. In his circle related to Godaddy and bitcoins mining and his marketing skills. I know he knows he is in deep trouble so i expect a dividend tomorrow and a site launch. Also when a person is scammed for 70 btc havnt logged in here sinds yesterday is also very odd. I guess he have better things to do then reclaim his 70 btc Only way to save urself ryan is make this coinpal legit! EDIT: he logged in but not have replied. It does make sense Either that or return all share holders funds. I feel confident that Ryan Gay will make good on investors funds because he is so trackable and him and his familty have a lot to loose. He works in his father's company (Frank Gay Services) and has lived in his father's property in the Orlando, FL area. His father, Frank H. Gay owns several properties in the Orlando, FL area and he appears to be a prominent local contractor. It would be in his long-term financial interest to ensure his son's misdeeds, if any, are settled rather than ruin his local reputation that he must have built over decades. From the Orange County, FL property appraisal site ( https://www.ocpafl.org/), the father owns the following property which Ryan has lived at one time or may still be living in currently; 6202 Forest City Rd 2908 FOREST CITY RD 2820 FOREST CITY TER 909 GREENTREE DR There was a family video featuring Ryan and his father, which Ryan uploaded on Youtube. www.youtube.com/watch?v=LrAmlP7KwDAI think that must be Ryan on the left. It looks like his pics in Google+ Lets wait for Sunday divs and the April 18th launch. |
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The WHOIS records for coinpal.net on the day of IPO launch indicates the registrant/owner, address, cell phone and email of the owner of coinpal.net domain name. A google of the email address , gives a complete profile of the owner-pictures, work address, tel, position etc as Ryan Tyson Gay Director of Business Development Frank Gay Services 6206 Forest City Rd. Orlando, FL 32810-4803 United States Phone: 407-644-2589 (Home), 407-293-2642(Office) Fax: 407-522-4583 Cell: 407-718-4059 email: ryan@frankgayplumbing.com ryantysongay@gmail.comAge: 32 Linkedin profile http://www.linkedin.com/in/ryantysongayGoogle + https://plus.google.com/+RyanTysonGay/postsThe registrant's name has now been anonymised. |
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Do you have any projections of what revenues you expect from the btc margin loans and how often you expect to pay divs.
Dividends will be paid weekly. I am working on projections... but it really hard to say... there are sooooooooooo many new exchanges out there... But with the whole China thing... Im thinking of really pushing for chinese to trade on the site... offshore to them... /fasbit Like what kind of interest rate are you looking at ? Also, I noticed you already have FINCEN registration for all US states, but do you have a money transmitter license from any jurisdiction? |
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Do you have any projections of what revenues you expect from the btc margin loans and how often you expect to pay divs.
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Will you consider a different exchange for your IPO, giving the trust issues with Ripple Network.
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Do we have any proof of the mining hardware or the exchange or the devs (except an animated flash) ?
I don't understand why people send so much money for something that doesn't exist.
None of the CoinPal team know the game Fallout, WTF ?? This game has 17 years and there was 7 games since 1997 (without including addons).
None of them even checked if the main Fallout character/icon has a copyright, WTF ??
In their defense, not everyone plays video games and if they do, maybe not fallout genre games. I love games, but have never played a fallout game nor plan to. I didn't know the main fallout character. But yes, I agree that we need more information from Coinpal about the hardware they have and and updates concerning the exchange. Its over a week that proof of owning mining hardware has been requested. Pictures , pool etc. Is there any? |
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If only PBMining could enable hash transfer among customers. This would give an opportunity to sell hash and get out when one wants to. Along with the current better pricing from PBMining, It will make them the winner, hands-down , no more debate.
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So, if someone still wants to rent Gh/s these days, you recommend them to use PBMining? This is a tricky question. PBMining has the lowest price per GHS so far and the website seems to run pretty smoothly. CEX has a higher GHS price but you can also resell your GHS anytime you want. I am running some numbers as we speak. Let's create a hypo. Let's say that I buy 100 GHS on CEX and 100 GHS on PBMining right now. I would pay 1.18 BTC on CEX at its current GHS/BTC price. I would get the same amount of GHS from PBMining at 0.7 BTC. Let's assume that difficulty does not change, as this value does not really affect our analysis, which is focused on same amount of GHS mining roughly the same amount of BTC every day. After 60 days of mining, CEX would have mined for me 0.506016 BTC (considering that CEX charges around 16% fee). PBMining would have mined for me 0.6024 BTC. If you see these numbers you tend to think that PBMining is better. But if I stop mining for some reason on day 60, I can resell my GHS on CEX. Let's assume that the GHS/BTC value is 0.010 on CEX, I would then get a total of 1.506016 BTC (sold GHS and mined BTC), while on PBMining I would still be stuck with my 0.6024 BTC. Let's say that I don't cash in and I keep on mining. After 120 days, my profit with CEX would be 1.012032 BTC, with PBMining 1.2048. PBMining is still better but if I sell my GHS on CEX at, let's say, 0.007 I would get a total of 1.712032. Any thoughts? Your analysis appears to be highly dependent on your assumptions about the resale price you will get on CEX. If the price drop is higher, you may or may not get back your initial investment from your resale price and mining profit. |
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PB Mining appears to be the best value in terms of purchase price of cloud mining hash. However, the 5yr commitment and current inability to trade the capacity is quite a limitation. if only PB Mining could enable transfer of mining hash among customers, then using an escrow service, customers of PB Mining could trade hashing capacity among themselves. That would be great.
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The site reports results that are extremely incompatible with arbitrage trading. Sure, if you look at the difference in price between 2 exchanges, you may end up with a similar percentage, but there are various other factors that will very significantly drag down the final profit percentage. This is coupled with some other extremely dubious facts / claims (ranging from very high operational costs from their claimed Geneva-based office with 10 employees to their inability to consistently name their operation (4 different names to be found on their website)).
I am convinced that this is a plain old Ponzi scheme. Sure, it's dressed up a bit better than most Ponzis on the Bitcointalk forum, but that doesn't change the nature of the beast.
edit: You can read my analysis of this operation in more detail in my comments the thread on the Gambling forum (see OP for link). Comments which the 'investors' (gamblers/suckers) have been unable to refute with anything stronger but "they may be legitimate".
BTC-Arbs appears to be doing 7% to 8.68% per week, Another company doing the same arbitrage, BTC Autotrader, which trades on Cryptostocks is paying out 2.66% to 2.84% per week (7weeks and counting now) based on 0.0006 btc initial price in IPO. Though the later is equivalent to 80% of revenues, BTC-Arbs published returns is still about 3x the returns from BTC Autotrader. Do they have a better trading system? If they do , they should explain this. |
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Is this thread dead?
No just waiting for coinpal to launch... And also for the next dividend on sunday! |
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There has been some significant volatility in BTC and LTC prices this week. Wonder what will happen to revenue growth this week?
Autotrade maintain 80% annual return for the investors (which is really high) but keep the rest of the profit for them. Autotrade IPO said "20% of profit will be the account management fees, all the remaining 80% is used to share out bonus, each fund will be share one over one million of 80% of profits." So i don't think AutoTrade mgt. is keeping the balance for themselves. |
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It appears one cannot buy shares in WPOOL. The order book is missing and an error comes up when one tries to buy.
Have you pulled the listing or what?
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There has been some significant volatility in BTC and LTC prices this week. Wonder what will happen to revenue growth this week?
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