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Author Topic: [KPS] Coinsortium has disabled withdrawls.  (Read 2208 times)
printshop
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October 05, 2014, 02:40:13 AM
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This is a note to confirm that coinsortium.co has disabled user's ability to withdraw BTC.

However, we have had our withdrawl processed manually, so there is no issue on our end.
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printshop
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October 05, 2014, 05:22:09 AM
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How do we contact coinsortium support? I am getting concerned.

I e-mailed support@coinsortium.co.
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October 06, 2014, 01:56:39 PM
 #3

How do we contact coinsortium support? I am getting concerned.

I e-mailed support@coinsortium.co.

I am now unable to issue bids on our company. This places me in violation of our contract: To support the share price and allow investors to get out at a fair price if they want to sell.

I'm sorry, there's nothing I can do.

If Coinsortium does not fix this soon, I am not sure what we are going to do because coinsortium didn't give us a list of our shareholders.
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October 07, 2014, 04:09:18 AM
 #4

coinsortium.co is down right now.
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October 07, 2014, 07:14:35 AM
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What is happening?! They haven't posted anything on twitter for one month!

Does support work? What do they say? I've sent the email.

Isn't someone from Coinsortium on this forum?

I bought small amounts of stocks on it, hope everything will be ok.

EDIT: Killerloop is their Community Service Manager - https://bitcointalk.org/index.php?action=profile;u=296610
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October 07, 2014, 01:46:50 PM
 #6

Shareholders, contact me IMMEDIATELY.

https://bitcointalk.org/index.php?topic=814867.msg9116213#msg9116213

We are exiting coinsortium effective immediately.
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October 07, 2014, 02:05:56 PM
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No surprise here. They were cryptostocks without as much "trust" (cryptostocks isn't trustworthy either, at least they have been around for a while).
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October 09, 2014, 01:26:22 AM
 #8

What is happening?! They haven't posted anything on twitter for one month!

Does support work? What do they say? I've sent the email.

Isn't someone from Coinsortium on this forum?

I bought small amounts of stocks on it, hope everything will be ok.

EDIT: Killerloop is their Community Service Manager - https://bitcointalk.org/index.php?action=profile;u=296610
jayc89 https://bitcointalk.org/index.php?action=profile;u=142423 is the owner of the coinsortium exchange.
He did mention an update of there software causing problems in ths thread https://bitcointalk.org/index.php?topic=775307.msg9121059#msg9121059

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October 09, 2014, 06:14:15 AM
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I am now unable to issue bids on our company. This places me in violation of our contract: To support the share price and allow investors to get out at a fair price if they want to sell.

I'm sorry, there's nothing I can do.

If Coinsortium does not fix this soon, I am not sure what we are going to do because coinsortium didn't give us a list of our shareholders.

As I explained in your help us with our IPO thread, the entire crypto "securities" economy is nothing but scams, frauds, or failures, including the exchanges. You might try another exchange, but sooner or later will get burned by it as well, guaranteed. If you want to raise funds for a legitimate business venture, stay far away from bitcoin. That's just the sad truth of it.
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October 10, 2014, 06:41:48 AM
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I am now unable to issue bids on our company. This places me in violation of our contract: To support the share price and allow investors to get out at a fair price if they want to sell.

I'm sorry, there's nothing I can do.

If Coinsortium does not fix this soon, I am not sure what we are going to do because coinsortium didn't give us a list of our shareholders.

As I explained in your help us with our IPO thread, the entire crypto "securities" economy is nothing but scams, frauds, or failures, including the exchanges. You might try another exchange, but sooner or later will get burned by it as well, guaranteed. If you want to raise funds for a legitimate business venture, stay far away from bitcoin. That's just the sad truth of it.

I'm not sure you have the experience to make that sort of judgement.
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October 10, 2014, 01:18:33 PM
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I am now unable to issue bids on our company. This places me in violation of our contract: To support the share price and allow investors to get out at a fair price if they want to sell.

I'm sorry, there's nothing I can do.

If Coinsortium does not fix this soon, I am not sure what we are going to do because coinsortium didn't give us a list of our shareholders.

As I explained in your help us with our IPO thread, the entire crypto "securities" economy is nothing but scams, frauds, or failures, including the exchanges. You might try another exchange, but sooner or later will get burned by it as well, guaranteed. If you want to raise funds for a legitimate business venture, stay far away from bitcoin. That's just the sad truth of it.

I'm not sure you have the experience to make that sort of judgement.

He's been here for quite a bit longer than you have; it seems that he probably has a better lock on this industry than you do, having been here for over a year to your two months.

That being said, I think it's a little hyperbolic, but the majority of projects here are bad investments or outright scams.
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October 23, 2014, 01:43:16 PM
 #12

Guys,
apparently Coinsortium.co is suffering the aftermath of a DDOS attack. We are looking into this and it will be solved ASAP.

Do not panic, all your funds are safe  Smiley

Loan request: "I need 7 BTC because We hired an archaelogist and asked him: Is there a treasure? And he said yes!"
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