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Question: Are they taking the piss and ran with the moolah?
Sure, its all gone already - 21 (63.6%)
No, patience is a virtue - 12 (36.4%)
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Author Topic: MINTPAL - You still believe in their story?  (Read 2465 times)
flipme (OP)
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October 06, 2014, 10:00:18 AM
 #1

Seriously, what could happen in a database migration that takes so long.
The statements given sound like Ernie and Bert are working on it.
It smells worse by the minute.

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Crypto_Towelie
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October 06, 2014, 10:03:50 AM
 #2

This is absolutely the biggest fail of a website relaunch I have ever seen...

Not to mention they hold funds of users for over 5 days already...



rumour has it that moolah caused the btc dump, and is buying back since $285 Roll Eyes


I challenge Moolah to share ALL btc wallet addresses with us so we can check the movement of these btc  Roll Eyes
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October 06, 2014, 10:11:00 AM
 #3

This is what happens in an unregulated market. Could you imagine real stock exchanges pulling stuff like this?

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October 06, 2014, 10:18:34 AM
 #4

Seriously, what could happen in a database migration that takes so long.
The statements given sound like Ernie and Bert are working on it.
It smells worse by the minute.

WTF happened? Have they lost our coins on there? Can anyone log in right now?

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flipme (OP)
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October 06, 2014, 10:20:56 AM
 #5

This is what happens in an unregulated market. Could you imagine real stock exchanges pulling stuff like this?

I could imagine a lot of things. But such a heist would trigger a SEC swat team deployment immediately.


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October 06, 2014, 11:14:05 AM
 #6

This is absolutely the biggest fail of a website relaunch I have ever seen...

Not to mention they hold funds of users for over 5 days already...



rumour has it that moolah caused the btc dump, and is buying back since $285 Roll Eyes


I challenge Moolah to share ALL btc wallet addresses with us so we can check the movement of these btc  Roll Eyes
Anything is possible would not surprises me
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October 06, 2014, 04:21:42 PM
 #7

hmm interesting that the Bitcoin dumping started when these guys went down eh..

FUD first & ask questions later™
flipme (OP)
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October 06, 2014, 06:37:40 PM
 #8

hmm interesting that the Bitcoin dumping started when these guys went down eh..

Its obvious, isn't it?
I really wonder why there isn't more outrage.
If I had any dough parked over there, I'd flip the fuck out.

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October 06, 2014, 06:44:21 PM
 #9

hmm interesting that the Bitcoin dumping started when these guys went down eh..

get em Spoetnigguh get em!

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October 06, 2014, 07:00:55 PM
 #10

One thing is for sure I will not use them

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October 06, 2014, 10:18:39 PM
 #11

just tried to withdraw but could not.. i contacted support alrdy. anyone else able to withdraw ANY coins from them in the past 24 hrs?

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October 07, 2014, 01:36:52 AM
 #12

just tried to withdraw but could not.. i contacted support alrdy. anyone else able to withdraw ANY coins from them in the past 24 hrs?


I cannot withdraw. My bitcoins, dogecoins and litecoin withdrawals all say "Awaiting Confirmation".... when mintpal reopened, I requested all my coins to be withdrawn, but withdrawal status "Awaiting Confirmation" has not changed. Wth is going on here.
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October 07, 2014, 02:11:53 AM
 #13

Thankfully, I withdrew right before Mintpal went down.

I could definitely imagine how it feels like to have your $ stuck on the exchange, god that sucks.
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October 07, 2014, 03:48:50 AM
 #14

Dear lord!  Sounds like another Mt.gox thing going on.  Thank god I withdrew all my currencies from MintPal last month.  Otherwise I'd be out about $120 in LTC and $60 in BTC at today's prices.  Not a lot, but still more than I'd care to lose.

Personally I never keep much on an exchange, just deposit coins I want to sell or trade for BTC then withdraw the BTC as soon as a sell occurs. The rest I keep in USB wallets that I only connect to a PC when I want to update the chain or move coins around.  I gripe about the tx fees I'm losing doing this, but it's not as bad as losing all my coins.

While I'm not a big fan of gov't regulation, I think I might like to see regulations for exchange licenses.  Right now anyone can download some free open source exchange script, install some [wallet]d software and make a legit looking exchange, after a certain point shutdown and keep all the coins.

I think eventually we'll see coin insurance, more coin escrow and legal services.

That having been said, it's not like a gov't or private bank never stole the peoples fiat currencies and it's not like any of us have never lost $20 bucks in the parking lot or had our wallet picked from our back pocket.

Any type of money can be lost.



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October 07, 2014, 03:57:41 AM
Last edit: October 07, 2014, 04:13:19 AM by TheIrishman
 #15

They obviously dumped loads of BTC and are slowly buying them back. On the 1st of October, just before the migration started, since there was no warning on Mintpal's website that it was about to go offline, I deposited 0.04 BTC to address 1HkiegCTHNFksNhfHxH4ffLEuq61odrCBg. The deposit went through normally (txid 9cfbf3dd042b63968480214c56d8971cf35bde55cb765976bb7f9f5e2786b68a). Now that the site is back online, my BTC balance is showing only about half that amount, 0.02056931 BTC.

Now the interesting part - look what happened to the BTC on the address I deposited to. One hour after the deposit, the whole 0.04 BTC were transferred to 2 other addresses:

https://blockchain.info/address/1HkiegCTHNFksNhfHxH4ffLEuq61odrCBg

Why the hell couldn't they migrate the address that was already associated to my account instead of moving its balance to other addresses? That looks extremely suspicious to me.
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October 07, 2014, 04:07:27 AM
 #16

Anyone know how much moolah paid to acquire mintpal? I did not keep up with the acquisition but I have a fair amount of coins on my MP account that I'd rather withdraw and wait for things to resolve first.

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oppahdoggystyle
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October 07, 2014, 04:11:44 AM
 #17

Anyone know how much moolah paid to acquire mintpal? I did not keep up with the acquisition but I have a fair amount of coins on my MP account that I'd rather withdraw and wait for things to resolve first.

There were never any publicly released information about the terms/finances of the acquisition. I too have many bitcoins in mintpal. I hope they don't screw us over like gox did.
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October 07, 2014, 04:13:46 AM
 #18

They obviously dumped loads of BTC and are slowly buying them back. On the 1st of October, just before the migration started, since there was no warning on Mintpal's website that it was about to go offline, I deposited 0.04 BTC to address 1HkiegCTHNFksNhfHxH4ffLEuq61odrCBg. The deposit went through normally (txid 9cfbf3dd042b63968480214c56d8971cf35bde55cb765976bb7f9f5e2786b68a). Now that the site is back online, my BTC balance is showing only about half that amount, 0.02056931 BTC.

Now the interesting part - look what happened to the BTC on the address I deposited to. One hour after the deposit, the whole 0.04 BTC were transferred to 2 other addresses:

https://blockchain.info/address/1HkiegCTHNFksNhfHxH4ffLEuq61odrCBg

Why the hell couldn't they migrate the address that was already associated to my account and instead moved its balance to other addresses? That looks extremely suspicious to me.




Something is very wrong with this company. 
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October 07, 2014, 05:45:14 AM
 #19

my
myc coin. faircoin was Disappear.-
i was had 600+M MYC COIN and 20K+ Faircoin before that change to V2~! Sad
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October 07, 2014, 04:22:31 PM
 #20

Who is this moolah character, does anyone know his real life identity?
He should not get away with this obvious theft, his identity needs to be outed if known! The legal system will of course do nothing about it.

Over 100LTC stolen from me, grr!  Angry
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