Quote from: 8489faustn on January 06, 2017, 11:34:05 AM

Quote from: tortellino on January 06, 2017, 07:00:50 AM

@bitbeanpool:

During my search for good staking coins i have readed something in the Jewel Forum which gets me concerned a bit. Not only that the user ranlo is telling this but that there is no reply or statement from the officials from poswallet. So here are the accuses:

Quote from: ranlo on December 19, 2016, 03:58:26 AM

Quote from: EpyxZ on December 18, 2016, 05:54:14 PM

Quote from: ranlo on December 17, 2016, 10:48:54 PM

Quote from: bitbeanpool on December 17, 2016, 01:39:12 PM

JWL added to poswallet.com. Block explorer, staking wallet, and faucet are all online.

I'm going to suggest NOBODY use PoSWallet. They screwed me bad (stole coins with very little notice) a while back. I won't forget. And it's just a matter of time before they do it again with other coins, so BEWARE.

Actually looked around since you posted this & it is quite alarming how many people have had this happen to them.

What they pulled was shady as hell. To clarify:

They have an announcement board where they will list coins that are going to be delisted on x day, say, December 31st.
They phantom update this list occasionally.
They add coins THE DAY OF, some just minutes/hours BEFORE they remove all of them on the list from the site.

If yours happens to be on that list, they claim "well, we told on the site before we removed them so that's your fault."

The issue is there is NO TIME for most of them, as they don't send out any alerts or anything. And even if you withdrew as soon as they added one to that listing, there are some that take 12h+ to be withdrawn. I've seen a couple that even if you tried to withdraw right as they added it to the "we're removing x" list, you still wouldn't get them since the withdrawal would take too long and they take the coins offline before that happens.

On top of the outright theft they do, they also don't stake most coins properly. I did tests side-by-side of a few coins in the past. One got 30% of what it should, one was 5%, and one was around 1% (assuming equal amounts deposited to local wallet/PoSWallet and watching the balances as they stake over a period of 30 days).

I don´t know what really happened and if its true what ranlo tells but after investing in POSW coins and staking some coins in the wallet i have interest to clearify this, because due to work i will not be able to check every hour or day the dahsboard for deleted coins in the future. So what will be the practice from the team in future and how long will the timesheet to transfer the coins to the wallets if announced to be deleted? Huh

Thanks for your answers!

This definitely is alarming and I can't wait to see what the devs respond with. However I do know that when poswallet does delist coins they make it pretty visable on the dashboard page. This being said the last time I've seen them delist coins was a while ago when project was still in Ico. They gave around 4-5 days for people to withdeaw their coins so I would say that's ample amount of time to withdraw. I've asked around as well and have only heard positive things about the dev team. So hopefully this is correct.

yeah, thats the point! Before the last 2 weeks i didn´t had any experience with poswallet team. The experience i made till now are positive like i have written. But what this user is posting are heavy accuses of stealing coins and unfair behaviours against customers from poswallet, so it would be nice that dev team is taking position. For me it is necessary to invest my money further on.

Beside that: Can anybody answer my question about the rewards (dividends) holding POSW coins. Enough to hold it in webwallet at poswallet.com?