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Author Topic: CoinMarket.io | New, self-moderated support and news thread.  (Read 209374 times)
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TamiLee
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March 13, 2014, 06:57:09 PM
 #2861

Has anyone successfully withdrawn btc from there?? The email confirmation said it needed to be done manually. uhh.

Then I tried clicking the link that would cancel my withdrawal and it said: It's not happening.
Really, It's not happening? What kind of language is that?

I recommend transferring your btc to alts and then withdraw. Should be much more safer since the site is not wanting to cooperate with btc withdrawals but are allowing alt withdrawals. Reeks of scam.

Until people start receiving btc you can consider this a scam until proven otherwise

The post by El Chapo would make me worry if I was these guys. Drug money might be involved here but not sure why they would trade on this exchange in the first place.
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March 13, 2014, 07:11:17 PM
 #2862

My withdrawal of BTC is still pending from 2/24/2014, please fix.  Username: jlynch2000
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March 13, 2014, 07:25:57 PM
 #2863

The dev is online now at this forum!
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March 13, 2014, 07:26:26 PM
 #2864

CoinMarket.io status update

1. What happened?


We got exploited. Somewhat. The majority of coins were saved by cold storage and a quick reaction.
A couple of users abused a bug in the trading engine allowing them to create coins (increase balance) out of nothing.
Do you remember the day when KARM/BTC 24h volume was 400+ out of the blue? That volume came from those malicious users trading.
When we noticed the problem, we stopped all trading to investigate the situation.
Unfortunately, we failed to find the bug fast enough to resume normal operation and cover the losses from fees.
The new trading engine (rewritten) still suffers from this unknown-to-us issue, this is why we have not resumed any trading.
Meanwhile, we allowed all withdrawals to happen - because it was the right thing to do.
Because of high withdrawal volumes, the wallets ran out of normal unspent inputs and started to combine too many small inputs for withdrawals.
There is a limit of inputs/outputs in a cryptocurrency transaction.
If the wallet software (the official stuff that everybody uses) chooses or attepts to choose too many inputs,
the transaction will fail with "Transaction too large" or "Transaction creation failed" error.
It has nothing to do with insufficent balance. This problem was caused by miners who mined directly to the deposit address, creating tens of thousands of small inputs.
The default algo for choosing transaction inputs (coin selection) is not designed for exchanges. We need to create some code that does some raw transaction magic.
Also, some coins have landed on an invalid fork - because we were too busy with other issues. We will update all coindaemons tonight.
Everything has taken too much time because multiple problems hit us at the same time and debugging the situation was not so simple.

2. What is the solution? What are you doing now?

We have manually processed some withdrawals, but that process is too slow.
An automatic script will be running tomorrow - it will hopefully process the stuck withdrawals.
If your withdrawal status changes to "manual", it means that we manually processed it.
If your withdrawal status changes to "fixed", it means that the automatic routine processed it.
We will publish statistics when avalible - after the script runs.

Please stop any accusations and threats against Kenneth Bjørke - he is just hosting the web servers.
The hosting of coinmarket.io by Kenneth will be terminated when the dust settles and all possible withdrawals are processed.

We will be posting lists of withdrawals that got fixed.
We are deeply sorry for the inconvenience this may have caused to you.
More detailed information coming after the automatic process runs.
C3ALL
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March 13, 2014, 07:30:00 PM
 #2865

I've sent you at least 4 PMS asking you to sort my account and manually process my coin withdrawals.  You have not answered a single one!

I have not received any confirmation emails and my coins have been stuck in pending for almost three weeks.

I will be asking the law to speak to Kenneth, and requesting he give up YOUR details unless you sort my issue right now.

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March 13, 2014, 07:39:50 PM
 #2866

What about stuck deposits?
bitarri
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March 13, 2014, 07:41:02 PM
 #2867

CoinMarket.io status update

1. What happened?


We got exploited. Somewhat. The majority of coins were saved by cold storage and a quick reaction.
A couple of users abused a bug in the trading engine allowing them to create coins (increase balance) out of nothing.
Do you remember the day when KARM/BTC 24h volume was 400+ out of the blue? That volume came from those malicious users trading.
When we noticed the problem, we stopped all trading to investigate the situation.
Unfortunately, we failed to find the bug fast enough to resume normal operation and cover the losses from fees.
The new trading engine (rewritten) still suffers from this unknown-to-us issue, this is why we have not resumed any trading.
Meanwhile, we allowed all withdrawals to happen - because it was the right thing to do.
Because of high withdrawal volumes, the wallets ran out of normal unspent inputs and started to combine too many small inputs for withdrawals.
There is a limit of inputs/outputs in a cryptocurrency transaction.
If the wallet software (the official stuff that everybody uses) chooses or attepts to choose too many inputs,
the transaction will fail with "Transaction too large" or "Transaction creation failed" error.
It has nothing to do with insufficent balance. This problem was caused by miners who mined directly to the deposit address, creating tens of thousands of small inputs.
The default algo for choosing transaction inputs (coin selection) is not designed for exchanges. We need to create some code that does some raw transaction magic.
Also, some coins have landed on an invalid fork - because we were too busy with other issues. We will update all coindaemons tonight.
Everything has taken too much time because multiple problems hit us at the same time and debugging the situation was not so simple.

2. What is the solution? What are you doing now?

We have manually processed some withdrawals, but that process is too slow.
An automatic script will be running tomorrow - it will hopefully process the stuck withdrawals.
If your withdrawal status changes to "manual", it means that we manually processed it.
If your withdrawal status changes to "fixed", it means that the automatic routine processed it.
We will publish statistics when avalible - after the script runs.

Please stop any accusations and threats against Kenneth Bjørke - he is just hosting the web servers.
The hosting of coinmarket.io by Kenneth will be terminated when the dust settles and all possible withdrawals are processed.

We will be posting lists of withdrawals that got fixed.
We are deeply sorry for the inconvenience this may have caused to you.
More detailed information coming after the automatic process runs.

Everyone please pause posting until tomorrow so people see Dev message above.

Let's hope the Dev is sincere this time. We'll see tomorrow.
KenChanYu
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March 13, 2014, 07:41:27 PM
 #2868

CoinMarket.io status update

1. What happened?


We got exploited. Somewhat. The majority of coins were saved by cold storage and a quick reaction.
A couple of users abused a bug in the trading engine allowing them to create coins (increase balance) out of nothing.
Do you remember the day when KARM/BTC 24h volume was 400+ out of the blue? That volume came from those malicious users trading.
When we noticed the problem, we stopped all trading to investigate the situation.
Unfortunately, we failed to find the bug fast enough to resume normal operation and cover the losses from fees.
The new trading engine (rewritten) still suffers from this unknown-to-us issue, this is why we have not resumed any trading.
Meanwhile, we allowed all withdrawals to happen - because it was the right thing to do.
Because of high withdrawal volumes, the wallets ran out of normal unspent inputs and started to combine too many small inputs for withdrawals.
There is a limit of inputs/outputs in a cryptocurrency transaction.
If the wallet software (the official stuff that everybody uses) chooses or attepts to choose too many inputs,
the transaction will fail with "Transaction too large" or "Transaction creation failed" error.
It has nothing to do with insufficent balance. This problem was caused by miners who mined directly to the deposit address, creating tens of thousands of small inputs.
The default algo for choosing transaction inputs (coin selection) is not designed for exchanges. We need to create some code that does some raw transaction magic.
Also, some coins have landed on an invalid fork - because we were too busy with other issues. We will update all coindaemons tonight.
Everything has taken too much time because multiple problems hit us at the same time and debugging the situation was not so simple.

2. What is the solution? What are you doing now?

We have manually processed some withdrawals, but that process is too slow.
An automatic script will be running tomorrow - it will hopefully process the stuck withdrawals.
If your withdrawal status changes to "manual", it means that we manually processed it.
If your withdrawal status changes to "fixed", it means that the automatic routine processed it.
We will publish statistics when avalible - after the script runs.

Please stop any accusations and threats against Kenneth Bjørke - he is just hosting the web servers.
The hosting of coinmarket.io by Kenneth will be terminated when the dust settles and all possible withdrawals are processed.

We will be posting lists of withdrawals that got fixed.
We are deeply sorry for the inconvenience this may have caused to you.
More detailed information coming after the automatic process runs.

Thank you for this update. I just want to say one thing don't be scared of the community... feel free to tell us what happened and not remain silent and we will try help.

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Mayhem007
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March 13, 2014, 07:43:20 PM
 #2869

THE SITE IS LIVE

Remove your money now!!
lemfuture
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March 13, 2014, 07:44:23 PM
 #2870

This withdraw request was already confirmed earlier. Transaction id:
 Huh no tx id for my btc withdrawal
confirmed but still havent received any

1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
alcurex.com
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March 13, 2014, 07:45:21 PM
 #2871

And surprise surprise they are offline again without responding to ANY individual queries.  Utter scam.

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March 13, 2014, 07:49:18 PM
 #2872

CoinMarket.io status update

1. What happened?


Reading between the lines:

We beg via official channels for weeks for an honest transparent accounting of the issues and updates in some frequency as to what is being done to remedy them.  We are met with infrequent and vague reports.  Then some users freak out and attack the innocent hosting service provider - and this does the trick.  This post is all we have been asking for.  Regular updates on the progress of the fixes - even if that means describing new issues as they are found - is all we wanted.

Because it took such extreme measures to get this information out of Coinmarket, I'm actually thankful for the assholes that harassed the hosting company.  Sometimes an angry idiot can wake people up to what they SHOULD have been doing ALL ALONG.

No sympathy here.  Keep up the regular updates, and I might just consider using this exchange again in future.....
KenChanYu
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March 13, 2014, 07:51:48 PM
 #2873

CoinMarket.io status update

1. What happened?


Reading between the lines:

We beg via official channels for weeks for an honest transparent accounting of the issues and updates in some frequency as to what is being done to remedy them.  We are met with infrequent and vague reports.  Then some users freak out and attack the innocent hosting service provider - and this does the trick.  This post is all we have been asking for.  Regular updates on the progress of the fixes - even if that means describing new issues as they are found - is all we wanted.

Because it took such extreme measures to get this information out of Coinmarket, I'm actually thankful for the assholes that harassed the hosting company.  Sometimes an angry idiot can wake people up to what they SHOULD have been doing ALL ALONG.

No sympathy here.  Keep up the regular updates, and I might just consider using this exchange again in future.....

At least we know Karma is a scam coin, like I said this is the fastest and most responsive exchange I have ever used, so this is really sad. They need to hire a PR guy.

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uno1
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March 13, 2014, 07:55:47 PM
 #2874

I made a test withdrawal of 10k karma coin to this address:

KQVJgJGRjV9nKbXuE2MQcNkBiVtcG4j7jR

Got an email that stated:

Click this following link to confirm your 10000 KARM withdrawal to KQVJgJGRjV9nKbXuE2MQcNkBiVtcG4j7jR:

Got this message after clicking the confirmation link the withdrawal:

Withdraw request confirmed! Transaction sent: dfe3ec5a421d2f1d245659fc4ca10e6cac608bb165202831c6dc6ef3aa3a20ff

And coins were transfered here:

http://explorer.karmacoin.info/address/1JHANQrTnNJMX6G189N4njVnPoJAKzp49e

 Roll Eyes

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March 13, 2014, 07:55:48 PM
 #2875

CoinMarket.io status update

1. What happened?


We got exploited. Somewhat. The majority of coins were saved by cold storage and a quick reaction.
A couple of users abused a bug in the trading engine allowing them to create coins (increase balance) out of nothing.
Do you remember the day when KARM/BTC 24h volume was 400+ out of the blue? That volume came from those malicious users trading.
When we noticed the problem, we stopped all trading to investigate the situation.
Unfortunately, we failed to find the bug fast enough to resume normal operation and cover the losses from fees.
The new trading engine (rewritten) still suffers from this unknown-to-us issue, this is why we have not resumed any trading.
Meanwhile, we allowed all withdrawals to happen - because it was the right thing to do.
Because of high withdrawal volumes, the wallets ran out of normal unspent inputs and started to combine too many small inputs for withdrawals.
There is a limit of inputs/outputs in a cryptocurrency transaction.
If the wallet software (the official stuff that everybody uses) chooses or attepts to choose too many inputs,
the transaction will fail with "Transaction too large" or "Transaction creation failed" error.
It has nothing to do with insufficent balance. This problem was caused by miners who mined directly to the deposit address, creating tens of thousands of small inputs.
The default algo for choosing transaction inputs (coin selection) is not designed for exchanges. We need to create some code that does some raw transaction magic.
Also, some coins have landed on an invalid fork - because we were too busy with other issues. We will update all coindaemons tonight.
Everything has taken too much time because multiple problems hit us at the same time and debugging the situation was not so simple.

2. What is the solution? What are you doing now?

We have manually processed some withdrawals, but that process is too slow.
An automatic script will be running tomorrow - it will hopefully process the stuck withdrawals.
If your withdrawal status changes to "manual", it means that we manually processed it.
If your withdrawal status changes to "fixed", it means that the automatic routine processed it.
We will publish statistics when avalible - after the script runs.

Please stop any accusations and threats against Kenneth Bjørke - he is just hosting the web servers.
The hosting of coinmarket.io by Kenneth will be terminated when the dust settles and all possible withdrawals are processed.

We will be posting lists of withdrawals that got fixed.
We are deeply sorry for the inconvenience this may have caused to you.
More detailed information coming after the automatic process runs.

KEEP this in the last post people.

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C3ALL
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★ BitClave ICO: 08/11/17 ★


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March 13, 2014, 08:00:01 PM
 #2876

Quote
A confirmation e-mail has been sent to your address.

Err - no it f*cking hasn't.   Thats FOUR withdrawls where the email does not arrive - and STILL they dont answer my PM's or posts on here.   If these people are located in the UK, then I have no problem in paying them a visit.

TheNexusProtocol
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March 13, 2014, 08:03:31 PM
 #2877

Dear users,

We are very sorry for your losses, we are opening a secure exchange this weekend/monday for mobile applications. This is a truly SECURE exchange environment. We hope you find a home here: https://nexxuscorp.com

Kind Regards,

The Nexxus Corp.

C3ALL
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★ BitClave ICO: 08/11/17 ★


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March 13, 2014, 08:07:08 PM
 #2878

Please stop any accusations and threats against Kenneth Bjørke - he is just hosting the web servers.
The hosting of coinmarket.io by Kenneth will be terminated when the dust settles and all possible withdrawals are processed.

On the contrary - Kenneth Bjorke is the only person right now who knows who YOU are.   I would suggest that if Kenneth Bjorke does not want any further hassle from people who have lost money, he gives up YOUR details now.   As soon as he tells the world who YOU are, then he gets rid of all the stress and the problem is then with you to resolve.

Right now you are able to hide, and if it is true that Kenneth only provides the hosting, it is not fair that he has to deal with all the sh*t.   All Keneth has to do is publish your details and we can start chasing the right person.  So I suggest YOU start answering PM's and fixing the problems for people who have raised them on here before Kenneth gets that annoyed he just gives up your details.

cfrm
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March 13, 2014, 08:13:16 PM
 #2879

Please stop any accusations and threats against Kenneth Bjørke - he is just hosting the web servers.
The hosting of coinmarket.io by Kenneth will be terminated when the dust settles and all possible withdrawals are processed.

On the contrary - Kenneth Bjorke is the only person right now who knows who YOU are.   I would suggest that if Kenneth Bjorke does not want any further hassle from people who have lost money, he gives up YOUR details now.   As soon as he tells the world who YOU are, then he gets rid of all the stress and the problem is then with you to resolve.

Right now you are able to hide, and if it is true that Kenneth only provides the hosting, it is not fair that he has to deal with all the sh*t.   All Keneth has to do is publish your details and we can start chasing the right person.  So I suggest YOU start answering PM's and fixing the problems for people who have raised them on here before Kenneth gets that annoyed he just gives up your details.

No one should harrass Kenneth anymore, since he is not involved in the operation and does not have any obligations to post information about his clients from which he makes a living. The only ones capable of possibly getting this information is law enforcement, and as of the latest update from Coinmarket I suggest you take a chill pill.
C3ALL
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★ BitClave ICO: 08/11/17 ★


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March 13, 2014, 08:16:25 PM
 #2880

Please stop any accusations and threats against Kenneth Bjørke - he is just hosting the web servers.
The hosting of coinmarket.io by Kenneth will be terminated when the dust settles and all possible withdrawals are processed.

On the contrary - Kenneth Bjorke is the only person right now who knows who YOU are.   I would suggest that if Kenneth Bjorke does not want any further hassle from people who have lost money, he gives up YOUR details now.   As soon as he tells the world who YOU are, then he gets rid of all the stress and the problem is then with you to resolve.

Right now you are able to hide, and if it is true that Kenneth only provides the hosting, it is not fair that he has to deal with all the sh*t.   All Keneth has to do is publish your details and we can start chasing the right person.  So I suggest YOU start answering PM's and fixing the problems for people who have raised them on here before Kenneth gets that annoyed he just gives up your details.

No one should harrass Kenneth anymore, since he is not involved in the operation and does not have any obligations to post information about his clients from which he makes a living. The only ones capable of possibly getting this information is law enforcement, and as of the latest update from Coinmarket I suggest you take a chill pill.

We only have coinmarkets word that Kenneth is not responsible for the site.   If he is hosting a site that has actively stolen from members of the public then he is facilitating and allowing this theft to continue.  As a host if it is brought to his attention that his systems are being used for theft, then they would terminate the hosting with immediate effect.  So therefor Kenneth is every bit as responsible as the person behind Coinmarket, until such time as he provides details of the correct contact.   That is, if they are two different people.

Funny how the whois details changed just before people startedlosing their coins.....

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