SO I have 2 projects on Cryptostocks - MSP and DEBT.

Neither of my projects is out of IPO - so your circumstances would not happen with my stocks - however I can tell you that if you sell your stocks before dividends are issued - you will not get your dividends...that is just how Cryptostocks works.

The reason that many projects are holding back dividends is that the wallet is offline - how are project owners supposed to get funds INTO their wallet to pay you a dividend.

Just wanted to explain from the project owners perspective.   I feel for you - it is causing me major heartache personally and I feel really bad for my investors.   I have gone out of my way to help out a couple investors that were actually going to be late on loan payments because they were not getting access to their funds - so yes it is a serious issue that I hope is resolved soon.

I am sorry to hear about your situtation - and would suggest if you have not yet sold your shares that you may want to wait until dividends are paid, or at least sell them knowing that you will miss out on those dividends.

One thing I would like to mention regarding Cryptostocks verification process:   

I can understand why you would feel we were not properly vetted - however if you knew the full story it might make more sense.   We ARE premium verified and we did go through the rather time consuming process.   This involved emailing them a copy of my drivers license, a copy of my paycheck stub, copies of bills showing my address, etc.  Then phsycial mail address verification.

We were originally approved under another domain name I own - www.bitcoincurrencyauctions.com - this was a mistake on my part as we never intended to have that be our permanent name.

Cryptostocks was nice enough to fix this for us and allow us to list under the proper domain name after showing proof of ownership and launching the site on the domain www.multisigplus.com and verifying our email was info@multisigplus.com.

I just wanted to clear that up as Cryptostocks DID do the full verification process on our listing.   I do see how you could be concerned based on our domain registration date. 

On a side note if you do a search on my name Brian Gaer - you will notice you have I have a lot more to lose then any of you by creating a fake scammer company.   I understand you concerns - the only suggestion I can give you is this - if you don't think we are legit - don't invest.

We are very happy with the progress of our platform to-date and hope to be have the first phase of our beta starting mid may.

Thanks,

Brian

Somehow my company is being dragged into this coinpal discussion.

MultiSig+ has nothing to do with coinpal- period.

I am co-founder and primary Dev for MultiSig+.  If you have questions or concerns feel free to email us.

We have nothing to do with coinpal.

MultiSig+ has been in development since early March.   If you do your homework you will see that I am a professional software engineer not some 18 year old running a scam.

I don't post here - this is not a community I am active in and we are not in beta yet so we are not advertising our business.

Good luck with the coinpal saga.

Brian

Can anyone summarize the rumors?

I have heard like 4 different stories and found several deleted tweets from the devs.

Here are the rumors i have heard:

#1 - African country (kenya or tanzania) is adopting it as a currency
#2 - china is making it legal and sanctioned for transactions
#3 - the timing is because the release of the wallet had to be done first (android wallet released today)
#4 - there is a ad network based on zetacoin thats built to compete with google adwords?  -- this one seems most likely but also most likely to not succeed seeing as google is KIND OF A GIANT.

---so those are the rumors

I have about 7k coins - sold another 7k today - ill hold this last 7k till news breaks i guess.

As a heavy lender and borrower on BTCJam let me say the following:

#1 - why would you think its improper to have more then 1 loan at same time?  I have 3 cars - and 3 car loans.   I qualified for all 3 and by having 3 it lowers my credit score.  BTCJam works under the same principle.   You can actively see how many loans a person has out and for how much at the time you decide to invest.   So this point is null and void.


#2 - there are 2 types of loans - btc loans and fiat linked loans.   The poster saying they got back less then they invested because of the change in value of btc - was investing in a fiat linked loan.  SImple - dont even invest in fiat linked loans and that is not a problem.    So this point is resolved.

#3 - scammers - yes there are scammers.   Suggestion is to invest in A and B rated borrowers with a history of repayment.  Anyone else invest very cautiously or very small amounts.   As for 1 bad loan knocking out 10 good ones?   I dont get your math.   My average loan investment amount as a lender is around .025 btc per loan at average interest rate of 5% per payment period.   If 1 guy doesnt pay me I get it back rather quickly.   Out of over 50 loans I have invested in - I have had 3 people default.   I am very much in the green.

#4 - Interest rates - they are per payment period.  So if you decide to pay daily - you will be paying the choosen interest daily.    So if you do a 1 btc loan, paid back daily at 1% - you will be paying 1% daily.   If you do 1 btc with weekly payback at 1% - you will be paying back 1% weekly.   This is not very clear - they really should make this much more obvious to borrowers and lenders.


Look  like every platform BTCJam has its issues - but what makes BTCJam strive is the community.  There is a very strong community and it has offshoots that include real life friends, investment clubs, mining groups, google plus hangouts....etc.  The members of this community stick together to inform each other about scammers, suspicous activity, improvements to the system etc.

So if your interested in using BTCJam I suggest you stop by the USER community on facebook - which is 100% USER run and ADMINed by USERS.

https://www.facebook.com/groups/btcinvestors/


Its a great platform, and yes you can earn significant coin if you are cautious and listen to the community members advice on what to watch out for.  Yes there are scammers every once in awhile - and the users and the company are striving to fix that but you will always have jerks in the world.

Took of advantage of a promotional offer on cryptothrift using COAX and also purchased some individual offers.  Now have purchased over 6 grams...great company - great service, quick delivery.

It is interesting you mention Go Daddy - I wish they would, but i have it on good authority (I work for them)  that they are not currently interested at this time - hoping that changes soon though.   I think some of the recent bad press would need to fade before they would consider it though.   

Go Daddy is in a uniquely powerful position to do very well in cryptocurrencies, help their small business customers and increase usage and acceptance of Bitcoin due to their very large volume of small business accounts that use them as both a registrar and host.

Saw news today of the arrest of a trader of Bitcoins using the localbitcoins platform.   Now according to the article the undercover officer told the seller that he was going to use the Bitcoins to pay for stolen credit card numbers on a hack site - so in my opinion knowing that and still doing the trade the guy kinda deserves a kick in the ass - but I do not see the validity in the arrest.

If the US doesn't recognize Bitcoin as a currency - how can they possibly convict this guy of illegal financial transactions?

I have just started funding and was looking into getting a loan on btcjam and I actively use localbitcoins.   What does this mean for the future of those services if this is now deemed illegal?   If Florida gets a conviction on this more will soon follow.   

In a way it would be nice if they cleaned up the market, but in the meantime it will provide more fodder to take down the crypto markets imo.

Thoughts? 

Here is a link to the article I am referencing:
http://krebsonsecurity.com/2014/02/florida-targets-high-dollar-bitcoin-exchangers/