A PTS/BTC Exchange (that may or may not be called coingrounds or bit-u)

[davincisolari]

Hello,
I had an account and would like to be sent a refund.
My protoshares address is:
PqAkfZrWrPQznAcbb8xEAqPEpeh1y3xiTm
My bitcoin address is:
1EWZEagACoCByafTTXnPbpvhGAgnq9teFH

Thank you!

[Silfax]

Reply + more details at that link above ^

[marketp2p]

scammer accusation has been made http://bitsharestalk.org/index.php?topic=1032.0

Some one needs to be accountable for the loss.

[TwoKoolFourSkewl]

WHAT THE HELL IS GOING ON OVER THERE?

YOU NEED TO UPDATE YOUR CUSTOMERS ON THE SITUATION!  ARE OUR FUNDS OK?!

[prophetx]

how is tit possible to do this?  the site will not even allow one to log in

[Silfax]

Okay everyone, thanks for bearing with us.

We have resolved our internal issue, and the exchange will be moving back to Coingrounds in the very near future.

Thanks for your support of the exchange and of me, we've got a great community here! :)

more details: https://www.bit-u.com/news

Please note: when moving back to coingrounds, I will be joining with two other people in management of the site, so if you wish to withdraw under the current scenario, please do so before 12pm (noon) EST tomorrow, the 21st.

[pigeons]

I've been trading there for days, transfers in and out are processed immediately, silfax is responsive and helpful.

This doesn't prove or disprove the allegations,  but now that they have been made I wish the accuser would handle the situation privately and stop spamming them.

[pgbit]

I made several withdrawals, largest one was 1000+ pts, didn't have issue. 

To be safe, it's always better to limit your risk by keeping smaller balance and making more frequent transfers though.

Can back this up - no issues for me. Questions handled promptly. Lots PTS transferred out without a problem.

[marketp2p]

I made several withdrawals, largest one was 1000+ pts, didn't have issue. 

To be safe, it's always better to limit your risk by keeping smaller balance and making more frequent transfers though.

[soniq]

I trade on there regularly, no issues  what so ever.

And judging by  the chat at the site, there are no issues.

[soniq]

Be careful everybody. Silfax stole the code and wallet information from both his partners. You cannot trust him - he transferred everything to a new domain and is currently being served legal documents. Deposit at your own risk

I am sure someone will be interested in reviewing this :-)

[Amazon]

Anyone got trouble with their fund in coingrounds/bit-U? Please report immediately.

[Silfax]

Hey everyone, the exchange has moved to https://www.bit-u.com

Here is a PGP signed message from me to the same effect: http://pastebin.com/W3LcvmJ8

My partners who were working on the actual coingrounds project (see www.coingrounds.com) demanded excessive rights and fees to the project, which didn't make sense to me, so it was better to part ways.

[Silfax]

Due to issues beyond my control, the exchange is down for the moment, updates to come.

[davincisolari]

Yup, I returned it to you. Happy trading!

Thank you!!

[iruu]

Exchange currently takes 4.985% of my withdrawals, no matter if donation is ticked or not. 
This is an issue from the beginning, but donation rate is not constant. Transaction size doesn't matter.

One test transaction: (from fiddler)

POST https://www.coingrounds.com/socket.io/1/xhr-polling/-z2CS6_t5b4ATJqhzOCf?t=1384875527383 HTTP/1.1
Host: www.coingrounds.com
Connection: keep-alive
Content-Length: 152
Origin: https://www.coingrounds.com
User-Agent: Mozilla/5.0 (Windows NT 6.1; WOW64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/31.0.1650.57 Safari/537.36
Content-type: text/plain;charset=UTF-8
Accept: */*
Referer: https://www.coingrounds.com/profile
Accept-Encoding: gzip,deflate,sdch
Accept-Language: pl-PL,pl;q=0.8,en-US;q=0.6,en;q=0.4
Cookie: connect.sid=<removed>

5:::{"name":"update_user","args":[{"action":"withdraw","address":"17ukgazKLiavmDELCgrmrrXueQ5Ww5JQHM","amount":"0.01","currency":"BTC","donate":false}]}

Result: got 0.00943,  should be 0.0099 (Fees 0.0001 BTC).

https://blockchain.info/address/17ukgazKLiavmDELCgrmrrXueQ5Ww5JQHM

I think it started when I actually ticked the donation checkbox during one withdrawal about a week ago...

[Silfax]

Yup, I returned it to you. Happy trading!

[davincisolari]

Could someone from Coingrounds help me?  I just created an account and tried to desposit .1 BTC into the account.  I sent the deposit to 1AR68LPSbHCYP14cgJrTKdzrbmuYoPSprP.  My account login is davincisolari at gmail.com.  I think that I may have requested a new address before I sent the fund.  Thank you for looking into this.
Thank you!!!

[m0rph]

https://www.coingrounds.com/orders_pts is still definitely up! We've got the best volume+support combination out there so far.

Haven't had any issues with it thusfar (though my orders have been pretty tiny) keep up the great work :)

[Silfax]

https://www.coingrounds.com/orders_pts is still definitely up! We've got the best volume+support combination out there so far.

[joele]

So, what's the latest news on www.coingrounds.com? is still working? any other recommended PTS exchanger?

[Amazon]

I just used this one, quick and cheaper -

trialsites.ihoststudio.com is scam/trialsite373969/website/

SCAM!!!
https://bitcointalk.org/index.php?topic=325261.msg3607169#msg3607169

The account has been banned.

Please do not trade in the above site.

[testz]

PTS transaction I.D for the 5 pts i just recieved -

6ab2f6fa5d68c0b2eb316480ae50e4bc2cb36a0b48e31d218b1d1f60c7341c4

You traded 9 PTS to bitcoins or bitcoins to 5 PTS?

[goldminer]

PTS transaction I.D for the 5 pts i just recieved -

6ab2f6fa5d68c0b2eb316480ae50e4bc2cb36a0b48e31d218b1d1f60c7341c4

[testz]

Why?

Traded 9 pts for bitcoin, took a little while but came through ok?

Please provide more info, tx info, rates, etc.
I'm sorry, maybe I wrong but it's look like pure SCAM!!!

[goldminer]

Why?

Traded 9 pts for bitcoin, took a little while but came through ok?

[testz]

I just used this one, quick and cheaper -

trialsites.ihoststudio.com is scam/trialsite373969/website/

SCAM!!!
https://bitcointalk.org/index.php?topic=325261.msg3607169#msg3607169

[nanobit]

Has anyone noticed there's an extra, hidden fee when making PTS withdrawals?

[MassiveAction]

got it nevermind

[MassiveAction]

I deposited bitcoins but it is not showing up...its been 10 minutes

[Silfax]

Thanks for the support everyone.

Remember to donate if you found the service useful, it's much appreciated.

1KnzkuJ5aDwDWCVVShJaa9wLdDsevUezmm
PbEwN31uUQdf8shQPxrhZ754f3BUxyjKek

[hashbit]

The exchange worked for me.  Thanks!

[m0rph]

Just used it without an issue, thanks for your service!

[Entz]

Agreed, the exchange works great! Good job.

[bytemaster]

This exchange is legit in my experience :)    Good work!

[billotronic]

Solid exchange and Silfax is a solid person. Pleasure doing business here.

[victor]

Great exchange to buy some cheap PTS! 8)

[Silfax]

And we are back live, people!

[Silfax]

Hey - I would, however withdrawing was one of the main problems from yesterday, want to make sure it's working well before I reopen. Sorry for the delay, should be soon enough.

[billotronic]

soooo if this is gonna be down for a while, would it be asking too much to allow withdraws?

[soniq]

You received your withdrawal from the exchange and was confirmed.

Not sure how someone accessed your wallet and withdrew the same amount?

You should post in technical forum at Bitcointalk to see if they can explain?

[markj113]

Would say your exchange has a big security hole

[Silfax]

As put in the chat - the withdrawal hit his personal address, and then stayed there for over 13 hours, before a new transaction cleared out his address. There's no way I could have taken that, and I'm sorry it's gone, but there's nothing I can do once you successfully withdraw.

(17:39) Silfax: mark, I explained myself as best as I can, but you don't seem to understand
(17:39) Silfax: I didn't take them, there's no way I could have. I have to stop arguing with you now
(17:39) Silfax: I'm sorry they are gone, I don't know why they are
(17:39) Silfax: but it was out of my control as soon as your withdraw got confirmations

[markj113]

All I know is that I have been using that encrypted standard bitcoin wallet making transactions since 8/4/13 without a single issue.

last night I sold 500 PTS @ 0.007 and transferred 3.88029999 to my wallet

now today that exact 3.88029999 has gone missing from my wallet leaving the remaining balance untouched.

Sounds too much to be a coincidence :(

Exchange owners attitude - tough shit

[markj113]

why would the remaining balance be untouched and the exact amount i withdrew from the exchange go back out?

client is the standard bitcoin client with 12 character password.

Remaining balance is still untouched

[Sy]

Place orders here: http://bit.ly/1bqEhp6

0.008 max? Come on  8)

[Silfax]

I don't own the address 1CYH... as far as I know - that payment wasn't sent to me. The address you received that at, is that a web wallet/desktop/something else?

With bitcoin there would be no way for me to send the second transaction as you, you would need your private key! Keylogger/etc? Can you get logs from your wallet?

[markj113]

got a major problem, sold 500 pts last night at 0.008,

withdrew 3.8802999 bitcoin and the payment has bounced back from my wallet.

Withdrawal from exchange -

Transaction ID: 8537e6c728e8e163701669f0eb4afbaf530720bd655186aa20e6a93e7a2272a5

payment gone back

Transaction ID: 9d73e236280ef75bf00d7f1e46216e8e0bc266d311cb4ab9eae885fae6d78753

both payments for an identical amount.

Wallet is encrypted and remaining balance is untouched.

Feeling physically sick :(

Hope I havent been scammed

[super3]

Place orders here: http://bit.ly/1bqEhp6

[Lighthouse]

That was last night, I actually couldnt find the post to modify it - fixed now.

And working with me was the appropriate thing to do, I do give him credit for doing the right thing but that doesn't mean I feel comfortable suggesting others put money there because its clearly too early in development.

[soniq]

Should be giving credit to Silfax for working with you on this, not bashing him.

I would suggest people not use this exchange until the owner responds - I am currently owed .88btc and 310pts which I withdrew from my account but never showed up.  Silfax is not a shadowy figure so I assume this is in error, but until it's cleared up steer clear of this exchange!

[Lighthouse]

I would suggest people not use this exchange until the owner responds - I am currently owed .88btc and 310pts which I withdrew from my account but never showed up.  Silfax is not a shadowy figure so I assume this is in error, but until it's cleared up steer clear of this exchange!

I along with others have been refunded, although after seeing the problems I do not think I will be keeping many funds on this exchange until it seems more stable.

[o3u]

All bugs have been fixed, and we are trading like crazy... exchange rate up to 0.007.

i placed an order, logged back in and it doesn't appear anymore, what's going on here?

some are complaining about withdrawal not working...
fix this before charging a fee...

[soniq]

BTC immediately, PTS 6 confirmations

Is this up and running? Just joined and not seeing a trading area.

Ignore...how long does it take for deposited coins to show?

[Snard]

Is this up and running? Just joined and not seeing a trading area.

Ignore...how long does it take for deposited coins to show?

[Silfax]

All bugs have been fixed, and we are trading like crazy... exchange rate up to 0.007.

[echopisces]

Join us at:

https://www.coingrounds.com/login

.25% fee for trading, to try to cover server time and spam.

In Beta, but 100% functional. Give it a shot!

Silfax can u help me,i have had pm u 

[alexxy]

Also was able to trade with small pts ammount (~10)

[eric]

Nice job.

[td services]

Successfuly deposited BTC to exchange, traded for PTS, withdrew PTS. Transfers were very fast both ways. Nice job Silfax!

[td services]

Good to hear. I'm on the coingrounds order book, waiting for trade. This is much better than using the forum.

[flower1024]

deposted pts, sold, withdrawn btc
nice ;)

[smith88]

Join us at:

https://www.coingrounds.com/login

.25% fee for trading, to try to cover server time and spam.

In Beta, but 100% functional. Give it a shot!

this is great, thanks! seems to work well.

[Silfax]

Join us at:

https://www.bit-u.com

.5-1% fee for trading, to try to cover server time and spam.

We've provided exchange services for over 900 users in the past week, give us a try.

EDIT: Site back up, moving to https://www.bit-u.com.

PGP signed message to that effect: http://pastebin.com/W3LcvmJ8