Just think about this, there are 1000+ members, all with a lot of theoretical value in their accounts. They have to make sure they don't hit a zero balance when everyone rushes to cashout. Because the goal of the company, if it is doing what it says it is doing, is to create a way for people to use Fiat to get cryptocurrency. And right now that isn't working because the cashout process is not finished being set up. But once the cashout process is set up people will be able to use Fiat to buy a code from Compumatrix members, then those people will be able to turn around and use that code to cashout Bitcoins.

So if they hit 0 while cashing everyone out, the whole thing collapses. I am guessing, but it is a pretty fact based guess, that they raised the coin cap in order to make sure they could get enough money to do all of this without going to 0. They weren't getting enough with 1.5 billon, I am guessing, and they needed to raise the cap so that they could get enough funds to cash everyome out, as well as have the funds ready for when people start buying codes and cashing out.

Marsresident, there have been no updates from admin for weeks now. All questions from members in their forum are either locked without any answer or deleted. Originally only 1.5 billion Compuceeds were to be issued. Now the owner issued 7,500,000,000 and sold all of his own stock.
Only the most incompetent of programmers would take weeks to implement tweaks to the system, so that excuse doesn't hold any more.
Accept it, this is a BIG SCAM and move on.

Yesterday they said it's all done and that instructions for how the last phase of BETA will work will be up early this week, so I'm assuming that means by Wednesday. I'm not saying you are wrong, because they have not proven you wrong yet, but you also don't have evidence you are right. You are mistaken about the number issued, there are not more than 1.5 Billion that can be issued and sonething like 750,000,000 have been issued so far. Just give it another week and we should know. According to yesterday's post it will all be happening "early this week" so by Wednesday. And it actually said "early next week, so they could have meant this week or next week. Just wait and see what happens, all those coins being sold (the 750,000,000) could be the scam making its money before cutting and running, but it could also be an ICO, raising funds to raise the coins value and ensure that all cashouts are funded.

Do you guys have names and address's for these people running the project... You might want to get those in case this things goes south (which based and this fast talking guy, seems like a high probability).

A lot of members are in direct contact with the Compumatrix staff. I don't have any of their addresses or anything but a lot of members who have been using their forum longer than me have their phone numbers and have talked to them a lot.

And if by "fast talking guy" you mean me, I am just telling you things that any Compumatrix member would tell you. I am not higher up than any other member and am just sharing things from their forums, and am sharing the sentiment that I have seen other members share. It's not like I am a Compumatrix recruiter or anything, which isn't even a thing, I am just a regular member who happens to be one of the few members that has used Cryptocurrency since 2012 and knows about Bitsharestalk and Bitcointalk and stuff like that. Most of the members are just learning about Cryptocurrency through Compumatrix so don't know that these websites exist.

If you guys read the Compumatrix forum you would have just as much information as me, I am not somehow more in the loop than anyone else and am not "fast talking". We are all just reading the forum and waiting for the BETA test (that's what "it" is) to finally get to the final phase.

This post was copied from here:
http://forum.compumatrix.co/index.php?topic=16908.0

There was a time that I would have sounded off like some of you do almost every day.  Demanding to know just where things stood on a moment by moment issue so I was as up to date as possible.  If you have not noticed.. I have changed that in my life; not because I don't care or WANT the info but know more of what to 'look' for to understand where we are at without distracting Henry and his team, David and others from getting done what needs doing.

This last weekend Henry DID give a nice 'marker' if you will on FB when he was teasing me about 'not sounding like me' and the cat on the computer typing away.  He mentioned he wished I was there to help 'code'.  Now, if you paid attention to that it should have told you the following... the initial sync was done and they were updating the coding necessary for the programming used on the various platforms.   I know he mentioned to some it would only take a few minutes to do but as any programmer knows, it may or may not be that simple to plug in important security updates.  What I took away from that teasing post was that the updating was not as simple as he first assumed.  So it is taking just a little longer than was anticipated to update.

Ok I hear all of you ... WHY weren't we told it could do this?  Well time and time again it has been said but we tend to forget the past and hope for better results when issues arise.  In the past we know some things went smoothly while others took more time than initially thought.  These security updates are critical for everyone's accounts.  There is no shoving it off until later or we can just do the bare minimum on it.  That would be foolishness because it would put everyone and the company at risk along with the partners. 

So on the .. this is what needs to happen... the initial re-sync was finished and the updating of the codes was pushed up to put the necessary changes in place to secure areas... that means that either they are still in the midst of the last portion of coding or testing it to see if it holds up or needs tweaking.  The only variable in this that we do not have is whether the new updates to the current programming will require a 're-sync' of data.  Sometimes it automatically does it and sometimes it is not necessary but it won't be known until the programming is updated fully and integrated on the system.  (and just an FYI.. it possibly could be in progress as well)

Ok I hear you ... why bother doing this NOW? .. we just want to get moving.  Well, we had a notification that certain updates by everyone using a particular platform needed to be done.  It is for the security of EVERYONE using the system and that particular programming platform.  We KNOW how much everyone is looking to this and who needs what.  We can't miss it because we hear it day in and day out from all of you. It is being done as quickly as possible.  There is no conspiracy to hold things back, all of us on staff have needs too. (we just don't broadcast them all over the place but trust that the Lord knows our needs and He supplies according to HIS riches in glory). Regardless of whether you ascribe to Christian beliefs or not, it still remains we ARE a Christian based company.

So, when Erline or David or Henry or Gail posts we have a GREEN light and what is necessary to move forward for ALL of us we are at the stage where the programming has passed all tests, the sync is holding or redone and the testing was accomplished without a hitch.  Please refrain from bugging them day in and day out.  It will be posted as SOON as it is ready to go. 

  One last item that needs a bit of clarification because some seem to miss the nuances they are projecting when they state they are 'clients' of Compumatrix.  Compumatrix provides a platform for members to engage in their own business.  We do not have 'clients' but partnering companies, as well as partnering business owners (you) that use the platform provided.  This misnomer put out by some that you are 'clients of Compumatrix' has caused all sorts of havoc in thinking that it needs to be rectified.  Take an ATM, that is owned by some outside agency.  You USE that ATM or even terminal inside a store to either pay for or get out your local currency.  Are you a client of the company that owns the ATM and programming behind it or just a user of the platform they provide?    Just something to mull over in your mind....

I am thankful for all of you, grateful for those who have been so patient for so long and even grateful for those of you that keep us on our toes.  We all play a part in this company.  As we approach Thanksgiving time in the US I am reminded to keep an attitude of gratitude year-round.  It keeps anxiety at bay, it helps to focus on what can be done instead of what isn't there yet, and brings about more in the way of progress vs setbacks. 

Here is to walking daily in an attitude of gratitude for being in the right place at the right time.  Plus, knowing that everything is working out in the proper timing.

This post was copied from here:
http://forum.compumatrix.co/index.php?topic=16782.0

WAIT!  NOT YET!  A LITTLE MORE TIME!  Phew, how many times have we had to say this over the years? Now, each time it was said it was very necessary to bring us to the fulfillment of our dreams.  Ig t still applies today!

We are very close to finishing the syncing!  Then what?  Well, first David will test the system and make sure it all works properly.  THEN?  Then, we get the funds sent back through Blockchain for those who were in the last Beta testing phase.  THEN?  Then the security system will be checked and reinforced should there be a need.  THEN?  Then the cash outs will commence.   Can I give you an exact time?  Nope.  BUT when I can I will. 

Just hang on folks it is still working and still coming along stronger and faster than ever before.

Take your time to look over the site and be ready to explain whatever is asked of you when people are calling YOU to purchase a VPC!  Know your business!  David has put out a ton of information that makes it simple to understand!  Read then re-read the info!

I will be back when more is available.

Enjoy your day!  Open many gifts as you start your morning and enjoy each one to its fullest.  We are not guaranteed tomorrows so make all your today's COUNT. 

HUGS

This post was copied from here:
http://forum.compumatrix.co/index.php?topic=16484.0

Good Morning,

Just a very short update.  Please note that Henry is back online BUT (there is always a but, LOL) the telecom are still working on the internet as what is up right now is only temporary.   They have to rebuild some towers that were destroyed during the typhoon.  It is slow, but quite a bit more progress has been accomplished than during the typhoon the week before this one.  Henry is planning on visiting with the services provider today to see what their predictions on having all up and running at full speed.   

In the meantime, Henry IS working off of the temporary service and is extremely optimistic about having all done quickly.  Tradeceeds is up and running!  Henry's end must be completed to integrate to the Portal.

Henry just sees work progressing and things improving daily.  Some of his services are improving, so the telecom is getting things done!

We have no timeline but felt that you all needed to know where we stood today.
 
If you would like to visit the Book Of Memories set up by the funeral home for Helga, please visit this link. 

http://www.dodsandmcnair.com/book-of-memories/2755168/Degen-Helga/obituary.php

As more information is shared on our progress, it will be posted here no matter how small it is. 

We have had some sadness to deal with in our lives.  Many have had or are having more than their share of problems and stress.  How we deal with it is the key to making it bearable or not.   

Hope you all have a great day because you WOKE UP.  As Ron Murray would say,  "You have many gifts to open today,"  so open each one and enjoy them to the fullest.  Be thankful for all the gifts that surround you.  The sun is shining, or gentle rain, a child's smile, food on the table, a roof over your head, THESE and much more are GIFTS!   STAY POSITIVE! 

HUGS

This post was copied from here:
http://forum.compumatrix.co/index.php?topic=15893.0

A lot of people probably haven't noticed this yet, but if you go to OpenLedger, and click "Account" then on the left side of the screen click "Advanced Features" (the same way you get to Permissions), then click "Assets", then click "Create Asset", you can actually create your own Currency just like Compuceeds or Crytpceeds. It costs some Bitcoins, but you can create a currency and you can distribute it, no mining needed. And you can set it to be traded against Compuceeds, which will help boost the Compuceed economy.

You just set the number of coins, and a few different rules for the coin. Then you could, for example, award people coins for every post they have on the Compumatrix forum, or award people coins for different tasks or arbitrary things.


The more people who are trading things for Compuceeds the more Compucceds will be worth, and if you create your own currency that you can get people to start buying for 1 cent each, or 10 cents each, or $1 each, or $5 each, or whatever price you can get people to buy it for, then you will have a coin that you have the power to issue that you and other people can then use to trade against Compuceeds. And the more people that do this, the more vibrant the Compuceeds economy will be and we will all have more ways to earn.

And this page explains one more way to make a Cryptocurrency
ethereum.org/token

Here is a thread on Bitcoin talk that explains how to make hour own full blown currency, not attached to anything. It costs nothing, you just have to have at least 2 computers with the wallet open at all times (keeping the blockchain going) and the coin will work.

bitcointalk.org/index.php?topic=1278734.0


This is for people that really understand programming

bitcointalk.org/index.php?topic=149479.0

Once you make a coin you go in the Altcoin section and make a post with a title that starts with [ANN], which means announcement. Then the name of your coin, like [BTC] Bitcoin, [ETH] is Ethereum, etc. People will just mine your coin for fun if you post it there.

If anyone wants to mine Cryptocurrency, there are coins called CryptoNight coins. And the point is that they are like Kryptonite to the strong expensive mining machines, those machines don't work on these coins. So if you are mining with just a computer (CPU) you can actually get a good number of coins. And if you want to mine more, you have to set up more computers.

And since a lot of people here are aquianted with using the World Community Grid, this would probably be the best way for everyone here to learn how to mine.

Here is the website
minergate.com/

Just scroll down on that page and it will have a thing you can download, and once you download it and open it it will automatically be on the "Smart Mining" page, which means it will just automatically mine whatever coin it deems most profitable to you. But if you want you can switch to the regular "Mining" tab at the top and select whatever coin you want to mine. And there will be a drop down selection with the number 1 or 2, and you can switch that to 2, 3 or 4 to use more of the cores in your computer for mining and mine faster.

If you own servers you can use the cores in those servers for mining as well, which will get you even more coins.

This post was copied from here:
http://forum.compumatrix.co/index.php?topic=16392.0

Good Day/Evening to all of our Members and Shareholders

Today I have several points that need to be addressed for the entire membership no matter how long you have been with us.  Please read this all the way through and then read it again if need be. 

I know some of you have been clamoring for a ‘daily update’ on our status.  That is not feasible nor should it be expected at this moment in time.  Why? Due to the weather we know that has hit Henry’s area in the Philippines.  Let this serve as a reminder that Henry James is our founder and his programming team is a very integral part of the company so not having them ‘online’ or having them without power does bring things to a temporary halt.  Prior to this last super typhoon Haima, Henry was in the process of re-syncing but did not quite get all the blocks finished.   Yes.. we are THAT close to resuming BETA testing so it is something to be happy about rather than post insolent demands that we give you a daily update.

As SOON as there is news it will be posted.  That has always been the protocol we follow and will remain as such.  Wait for a post and if there is not one, then there is no ‘new’ news.

Next, Townhall is now permanently closed.  Yes, there will be member meetings and further training in the future however our former open chat area for Q & A as well as some socialization has been taken down.  Please use your regional areas in the forum or members’ area to post.

This brings me to my last item to be relayed to all of you.  It deeply saddens me to inform you that our beloved Helga has taken a turn for the worse and is now unresponsive.  She has been moved to Palliative care (Hospice).  Please know that while she was still responsive, she was read the posts on the forum.  When I last spoke with her and she was very coherent, she was bound and determined to ‘get better’ and get back to doing what she loved.  Unfortunately her body has not cooperated with her brain and will.  (And we all know how strong Helga’s will is  )

She has been with us from the start.  Has been a rock and ‘go to’ person for all, whether it was a seasoned member, returning one or newbie.  She has treated us all with the same love, care and sometimes her ‘broom’ as needed.  I ask that each of you keep her in your thoughts and prayers.  She is not alone but has a long time close friend as well as some of our members with her.
 
Her wishes are being carried out as she has directed prior to being taken to the hospital this time. I know we are her ‘family’ and I can say she is just as much part of my family as well as most of yours.  She is not alone and sent her love to all of you, just as she knows of our love for her.   Please do not call the facility as they will be unable to convey any information to you.  They are only allowed to communicate with those Helga listed as her 'emergency contacts'.  Any further updates from them will be passed along to you as we are informed.