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Economy => Exchanges => Topic started by: sirslayer on November 20, 2015, 12:09:59 AM



Title: is Cryptsy about to fold over???
Post by: sirslayer on November 20, 2015, 12:09:59 AM
There is been issues of withdraws and deposits @Cryptsy for the last few days and alot people are complaining on cryptsy chat room..  im having issues also with my money @cryptsy with deposit and try to withdraw and only half the amount was withdraw..and help desk ain't helping...it   doesnt look good and i just want to pass the warning the rest of this community about cryptsy situation


Title: Re: is Cryptsy about to fold over???
Post by: croato on November 20, 2015, 12:22:28 AM
There is lot of threads about Craptsy on forum, i ever saw one about big fat lawsuit against them. Lot of ppl have issues woth withdrawals or are locked out of their accounts. Suggest you to search a bit, you will be surprised how many of them are there.


Title: Re: is Cryptsy about to fold over???
Post by: sirslayer on November 20, 2015, 12:31:22 AM
heres a live link on google hangout

https://talkgadget.google.com/hangouts/_/pnymkbiwf6vvmn3yp7mhzlrua4a?hl=en-GB&authuser=0


Title: Re: is Cryptsy about to fold over???
Post by: mixan on November 20, 2015, 12:55:46 AM
I will think they have caused a lot of hassle and grief to a lot of people and most importantly to their customers who believed in their web of deceit.
They will fold soon and most of the investors will lose it all if they didn't get their money out before they started locking accounts. Sad situation with them if you did hold anything with them.


Title: Re: is Cryptsy about to fold over???
Post by: meono on November 20, 2015, 01:07:59 AM
If you still use cryptsy now, you deserve whatever happen to your coins.



Title: Re: is Cryptsy about to fold over???
Post by: VirosaGITS on November 20, 2015, 01:37:00 AM
If you still use cryptsy now, you deserve whatever happen to your coins.



I'm way disappointed in Cryptsy too. Withdraws always has been slow, sometime 1-2 days (wtf?! for small amounts too). And they keep spamming me to go to Crypsty.ca to trade FIAT/BTC but its dead, no volume. Not sure why they arent integrating CAD with USD.

Is it so hard? Coinbase is doing just fine that way.


Title: Re: is Cryptsy about to fold over???
Post by: vorazvora on November 20, 2015, 01:55:02 AM
All the big falls began similar -  just from those small, problems. My advice is to keep away from them.It does not look good.


Title: Re: is Cryptsy about to fold over???
Post by: meono on November 20, 2015, 01:55:57 AM
If you still use cryptsy now, you deserve whatever happen to your coins.



I'm way disappointed in Cryptsy too. Withdraws always has been slow, sometime 1-2 days (wtf?! for small amounts too). And they keep spamming me to go to Crypsty.ca to trade FIAT/BTC but its dead, no volume. Not sure why they arent integrating CAD with USD.

Is it so hard? Coinbase is doing just fine that way.

What do you expect from a "business" running in someone's basement?

The whole service is shady right from start. If you dont see it, then its like taking candy from a kid.


Title: Re: is Cryptsy about to fold over???
Post by: fuddudle on November 20, 2015, 02:02:40 AM
I can't really say from experience that cryptsy have withdrawal problems but usually that's a signal that something dear is brewing.


Title: Re: is Cryptsy about to fold over???
Post by: pungopete468 on November 20, 2015, 03:13:47 AM
Cryptsy won't fold the same way Gox did, but I believe they will fold...


Title: Re: is Cryptsy about to fold over???
Post by: Arcteryx on November 20, 2015, 03:18:17 AM
Cryptsy won't fold the same way Gox did, but I believe they will fold...
They started to but then tried to recover. They lost it now.


Title: Re: is Cryptsy about to fold over???
Post by: pungopete468 on November 20, 2015, 03:25:14 AM
They still have funds locked up in trust that can be used to cover the losses of their users. That's one major difference between Cryptsy and Gox...


Title: Re: is Cryptsy about to fold over???
Post by: sirslayer on November 20, 2015, 03:50:03 AM
i guess their issues are the popular coins and they recommend to buy a lesser coin and withdraw which it did work .. I was able to recover most...  dont like the idea to loose on transfer fees and selling to get my btc...


Title: Re: is Cryptsy about to fold over???
Post by: fuddudle on November 20, 2015, 03:56:40 AM
have they done any proof of reserves?


Title: Re: is Cryptsy about to fold over???
Post by: pungopete468 on November 20, 2015, 04:05:44 AM
have they done any proof of reserves?

Not that I'm aware of, but they do trade USD which requires a sizeable deposit to be held in trust.


Title: Re: is Cryptsy about to fold over???
Post by: teddy5145 on November 20, 2015, 04:07:10 AM
I saw the possible solution on a few topics back.
Try to convert your btc to doge then withdraw to your doge wallet, after that trade that doge at another exchanger ;)


Title: Re: is Cryptsy about to fold over???
Post by: sirslayer on November 20, 2015, 04:12:41 AM
thats an idea ..  i think doge accounts was also affected but im not sure the lessers coins are like worth .00000001 ..   i was able to withdraw using sys coins wanted to do 42coin but cryptsy are the main exchanged..  poor 42coin..  i mined the heck out of you ...   and they were good times


Title: Re: is Cryptsy about to fold over???
Post by: Jordan23 on November 20, 2015, 04:17:22 AM
I was locked out of my account. It was due to six months of no activity. They asked me two security questions and there are only two possible answers. I know the answers are right. I went through this three times and right after I answered the security questions they quit responding to me. Very strange. I had no coins there though.


Title: Re: is Cryptsy about to fold over???
Post by: sirslayer on November 20, 2015, 04:28:53 AM
to be honest, Cryptsy did me good for a year with minors issue till now.. i thought this is the future in trading..


Title: Re: is Cryptsy about to fold over???
Post by: jt byte on November 20, 2015, 04:39:33 AM
Cryptsy is crapsy and now they are in the crapper.
Hope all the traders can get some of their BTC back.
What a bunch of dead beats those guys are at Cryptsy.


Title: Re: is Cryptsy about to fold over???
Post by: The Sceptical Chymist on November 20, 2015, 04:45:54 AM
You know, no one's said this I don't think, but even if Cryptsy wasn't insolvent, there's a serious loss of confidence in them and I cannot imagine they can sustain their business if everyone flees.  I know I have; I wouldn't deposit a single DOGE there anymore, much less any bitcoin. 

This is the same shit that happened with Enron years ago.  Can't trade if people don't trust you.  It really sucks, because I did some trading with them not so long ago and it went pretty well.


Title: Re: is Cryptsy about to fold over???
Post by: Duomo on November 20, 2015, 05:28:44 AM
I wouldn't trust my money on there if that says anything. Numerous individuals have been having issues withdrawing.


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on November 20, 2015, 06:14:45 AM
They still have funds locked up in trust that can be used to cover the losses of their users. That's one major difference between Cryptsy and Gox...

If it has this kind of insurance, it is good. Is there any independent audit of the funds to see if they are still there?


Title: Re: is Cryptsy about to fold over???
Post by: NorrisK on November 20, 2015, 07:51:44 AM
They still have funds locked up in trust that can be used to cover the losses of their users. That's one major difference between Cryptsy and Gox...

If it has this kind of insurance, it is good. Is there any independent audit of the funds to see if they are still there?

I doubt it will be enough to cover the losses if they have indeed been running on fractional reserves..

I'm glad I got my coins out in time. Took a week for litecoin to move, but managed to get them out in the end.

There are appearently some coins that you can still withdraw, so try converting your coins to one of the other currencies to withdraw.


Title: Re: is Cryptsy about to fold over???
Post by: pungopete468 on November 20, 2015, 09:21:32 AM
Google money transmission license...

A money transmitter must be licensed in every state they operate or serve customers in. This usually ends up equalling a substantial amount of money...

It's a surety bond...


Title: Re: is Cryptsy about to fold over???
Post by: Paul Revere on November 20, 2015, 12:27:13 PM
Google money transmission license...

A money transmitter must be licensed in every state they operate or serve customers in. This usually ends up equalling a substantial amount of money...

It's a surety bond...


Aaaaaaand, you are suggesting that Cryptsy has actually DONE this? LMAO. Not sure if simply naive or a shill.


Title: Re: is Cryptsy about to fold over???
Post by: pungopete468 on November 20, 2015, 07:53:59 PM
Google money transmission license...

A money transmitter must be licensed in every state they operate or serve customers in. This usually ends up equalling a substantial amount of money...

It's a surety bond...


Aaaaaaand, you are suggesting that Cryptsy has actually DONE this? LMAO. Not sure if simply naive or a shill.

What? Explain yourself...

https://bitcointalk.org/index.php?topic=316748.0;all (https://bitcointalk.org/index.php?topic=316748.0;all)


Title: Re: is Cryptsy about to fold over???
Post by: VirosaGITS on November 20, 2015, 09:14:23 PM
I withdrawed my ETH from a Cryptsy account in just a few hours. Accusation of Cryptsy withdrawals problem only rumors ?

No but the problem could be more specifically BTC related, at least thats where all my issue with Crypsty were. The few altcoins i traded at Crypsty, well they were slow to withdraw, but not a problem per se.


Title: Re: is Cryptsy about to fold over???
Post by: LuckyYOU on November 20, 2015, 09:22:05 PM
I am not sure what is happening but it is affecting cryptsy. First the negative balances, now the 1 BTC withdrawal limit.. it is just said, since i counted them of 1 of the main alt crypto exchanges.

These days just Bittrex and BTC38 are over, if Bittrex falls, I am out!


Title: Re: is Cryptsy about to fold over???
Post by: Paul Revere on November 21, 2015, 01:29:37 PM
Google money transmission license...

A money transmitter must be licensed in every state they operate or serve customers in. This usually ends up equalling a substantial amount of money...

It's a surety bond...


Aaaaaaand, you are suggesting that Cryptsy has actually DONE this? LMAO. Not sure if simply naive or a shill.

What? Explain yourself...

https://bitcointalk.org/index.php?topic=316748.0;all (https://bitcointalk.org/index.php?topic=316748.0;all)

Cryptsy is NOT "licensed" in every state. They scammed out the supposed licensing fees to morons investors as "shares" and then never did jack shit about getting licensed after collecting money from suckers. This fraud investment scheme also likely qualifies as an unregistered security. Sorry to burst your bubble of delusion.

https://i.imgur.com/kpfSsvG.jpg

Edit to add: Perhaps you did not actually read the thread you linked to as "proof" that Cryptsy is licensed and registered (NOT) in every state. Check out the last post in that Cryptsy Shares thread:

I don't understand why the volume of cryptsy increased twice or more, and dividends on shares IPO, decreased by more than twice?

When introduce USD? Already past month, and on this site next week next week, all the time


Well, MAYBE the plan was to collect money from suckers investors and when they felt that they had saturated the market they then stopped putting sugar on the crap cakes they were selling and made off with all of the collected loot. Duh. The shares were a fucking SCAM.


Title: Re: is Cryptsy about to fold over???
Post by: Nameless Coin on November 21, 2015, 06:37:34 PM
The downfall of a great exchange has happened after they partnered up with Josh Garza, after that it went downhill.

They try to focus on new things (creditcard, websites fixes etc) but in fact nothing new has happened. In fact it got worse.

By having users wait days for a withdrawal they take your money hostage.. really sad to be honest.


Title: Re: is Cryptsy about to fold over???
Post by: LuckyYOU on November 21, 2015, 07:12:34 PM
The downfall of a great exchange has happened after they partnered up with Josh Garza, after that it went downhill.

They try to focus on new things (creditcard, websites fixes etc) but in fact nothing new has happened. In fact it got worse.

By having users wait days for a withdrawal they take your money hostage.. really sad to be honest.

Exactly, it is just a farce, they create new services but in fact don't improve there main service. Offer a fast and neat withdrawal option, which is never good for an exchange.

And it don't stops there, look at the new withdrawal fee. It's ridiculous. And every withdrawal i have to pay an addiotinal 0.5% fee.

WTF? Why didn't they offer there users to withdrawal first and proposed the fee increase in a newsletter. Which any normal business would do?


Title: Re: is Cryptsy about to fold over???
Post by: bitlancr on November 21, 2015, 08:34:18 PM
The downfall of a great exchange has happened after they partnered up with Josh Garza, after that it went downhill.

They try to focus on new things (creditcard, websites fixes etc) but in fact nothing new has happened. In fact it got worse.

By having users wait days for a withdrawal they take your money hostage.. really sad to be honest.

Exactly, it is just a farce, they create new services but in fact don't improve there main service. Offer a fast and neat withdrawal option, which is never good for an exchange.

And it don't stops there, look at the new withdrawal fee. It's ridiculous. And every withdrawal i have to pay an addiotinal 0.5% fee.

WTF? Why didn't they offer there users to withdrawal first and proposed the fee increase in a newsletter. Which any normal business would do?

I understand your frustration, but they had to do that. Seeing the market cap and volume of most of their altcoins shrinking, they need to cover hosting cost etc.

True they should had a paycoin controller, but I don't think Big Vern and his team or in this business to scam people.


Title: Re: is Cryptsy about to fold over???
Post by: LuckyYOU on November 21, 2015, 09:28:08 PM
The downfall of a great exchange has happened after they partnered up with Josh Garza, after that it went downhill.

They try to focus on new things (creditcard, websites fixes etc) but in fact nothing new has happened. In fact it got worse.

By having users wait days for a withdrawal they take your money hostage.. really sad to be honest.

Exactly, it is just a farce, they create new services but in fact don't improve there main service. Offer a fast and neat withdrawal option, which is never good for an exchange.

And it don't stops there, look at the new withdrawal fee. It's ridiculous. And every withdrawal i have to pay an addiotinal 0.5% fee.

WTF? Why didn't they offer there users to withdrawal first and proposed the fee increase in a newsletter. Which any normal business would do?

I understand your frustration, but they had to do that. Seeing the market cap and volume of most of their altcoins shrinking, they need to cover hosting cost etc.

True they should had a paycoin controller, but I don't think Big Vern and his team or in this business to scam people.

Well it is not juts frustration, it's mostly disbelieft, since i never though they would be able to do something so horrific. An A+ exchanges when rogue in just a few weeks.


Title: Re: is Cryptsy about to fold over???
Post by: Nameless Coin on November 21, 2015, 11:22:16 PM
The downfall of a great exchange has happened after they partnered up with Josh Garza, after that it went downhill.

They try to focus on new things (creditcard, websites fixes etc) but in fact nothing new has happened. In fact it got worse.

By having users wait days for a withdrawal they take your money hostage.. really sad to be honest.

Exactly, it is just a farce, they create new services but in fact don't improve there main service. Offer a fast and neat withdrawal option, which is never good for an exchange.

And it don't stops there, look at the new withdrawal fee. It's ridiculous. And every withdrawal i have to pay an addiotinal 0.5% fee.

WTF? Why didn't they offer there users to withdrawal first and proposed the fee increase in a newsletter. Which any normal business would do?

They give 3 f'ree withdrawals, which is pathetic right, Anyone else there have at least 3 altcoins they invested in, so they take much profit.


Title: Re: is Cryptsy about to fold over???
Post by: PolarPoint on November 21, 2015, 11:38:56 PM
If an exchange has all the coins they hold for their customers, there is no reason for any delay. They might have coins locked up in cold wallets, that shouldn't take more than 24 hours to move to hot wallets. The delays must be caused by something not right.

Whatever happens, when withdrawals are resumed with no delays, confidence is lost and it will be difficult to rebuild trust. I think Crypsy is not going to fold, it think it is going to fade out of the crypto scene in a year.


Title: Re: is Cryptsy about to fold over???
Post by: The Sceptical Chymist on November 21, 2015, 11:39:40 PM
I think charging a fee for withdrawing funds is kind of crazy, don't you think?  If you have any sort of stock market brokerage account, withdrawing funds is free.  Withdrawing funds from PayPal is free, for Christ's sake.  Withdrawing from Coinbase is free.  Why is there 1) a minimum withdrawal and 2) a fee for withdrawing from Cryptsy???


Title: Re: is Cryptsy about to fold over???
Post by: LondonTrader on November 22, 2015, 01:37:20 AM
Hi

It is best if you try and withdraw your coins asap.

Also try not to keep too many coins on any 1 exchange as we know how some can just run off with the money e.g mtgox

Thanks


Title: Re: is Cryptsy about to fold over???
Post by: vorazvora on November 22, 2015, 02:16:12 PM
If an exchange has all the coins they hold for their customers, there is no reason for any delay. They might have coins locked up in cold wallets, that shouldn't take more than 24 hours to move to hot wallets. The delays must be caused by something not right.

Whatever happens, when withdrawals are resumed with no delays, confidence is lost and it will be difficult to rebuild trust. I think Crypsy is not going to fold, it think it is going to fade out of the crypto scene in a year.

I think exactly the same. It doesn't look good. Big troubles always start from small problems. If someone is holding there bigger amounts, I would suggest withdraw them in small amounts and forget about this exchange..


Title: Re: is Cryptsy about to fold over???
Post by: favdesu on November 22, 2015, 03:40:50 PM
cryptsy is struggling for months now. anyone who still uses this wannabe exchange asks for getting robbed. avoid them like the plague


Title: Re: is Cryptsy about to fold over???
Post by: CryptoBjorn on November 22, 2015, 09:08:44 PM
It's has become terrible, where it first was bad.

Now we will see more hitches and glitches and before you know, they are gone.


Title: Re: is Cryptsy about to fold over???
Post by: Newcoins2020 on November 22, 2015, 10:15:03 PM
It's has become terrible, where it first was bad.

Now we will see more hitches and glitches and before you know, they are gone.

I think you ar right sir. It's been downwards and no service tickets are take serious. My withdrawal is still pending. I hope their admin will quickly give an ok for my 3 btc withdrawal.

It's almost 1000 dollar i maybe lose.


Title: Re: is Cryptsy about to fold over???
Post by: vorazvora on November 23, 2015, 04:53:35 PM
It's has become terrible, where it first was bad.

Now we will see more hitches and glitches and before you know, they are gone.

This is what I'm afraid of!
But let's hope that after servers reset, everything will return to normal  ::)


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on December 28, 2015, 10:08:24 AM
It's has become terrible, where it first was bad.

Now we will see more hitches and glitches and before you know, they are gone.

This is what I'm afraid of!
But let's hope that after servers reset, everything will return to normal  ::)

The things are stable there now. But we do not know how long that will last. It has many troubles recently.


Title: Re: is Cryptsy about to fold over???
Post by: Outlander on December 28, 2015, 11:15:20 AM
cryptsy is struggling for months now. anyone who still uses this wannabe exchange asks for getting robbed. avoid them like the plague
No one knows that. What we know now is that no one will go there and throw money away. They has so many problems.


Title: Re: is Cryptsy about to fold over???
Post by: vancefox on December 28, 2015, 02:32:01 PM
If you still use cryptsy now, you deserve whatever happen to your coins.




Title: Re: is Cryptsy about to fold over???
Post by: Altynbekova on December 28, 2015, 07:37:51 PM
It's has become terrible, where it first was bad.

Now we will see more hitches and glitches and before you know, they are gone.

This is what I'm afraid of!
But let's hope that after servers reset, everything will return to normal  ::)

I agree that it went from bad to worse.
First the fees
Then site glitches (negative balances)
Then bitcoin withdrawals
Now, so many wallets not working...

What's next....


Title: Re: is Cryptsy about to fold over???
Post by: vancefox on December 28, 2015, 07:51:10 PM
What's next....

"haxored"?


Title: Re: is Cryptsy about to fold over???
Post by: BTCBinary on December 28, 2015, 10:16:55 PM
They are going Gox I tell you. Everybody is complaining about the same issues over and over. Now I just want to get my coins back and that they go down quietly sothat it doesn't cause for alarm like Gox did!


Title: Re: is Cryptsy about to fold over???
Post by: hexitor on December 28, 2015, 10:20:39 PM
Cryptsy has already gone scam... Many weeks ago.


Title: Re: is Cryptsy about to fold over???
Post by: bitcool on December 29, 2015, 01:03:19 AM
Since they offer USD trade, it sounds like they are a US "registered" exchange --- whatever that means. 

They also have those kind of creepy "identity verification" process.

Which authority is overseeing this kind of exchange and their operations?


Title: Re: is Cryptsy about to fold over???
Post by: Newcoins2020 on December 29, 2015, 07:16:43 PM
Well it is a matter of time before they fold over.

I can't imagine they will restore their reputation now. Too many users with too many complaints.

Their service is very very bad.


Title: Re: is Cryptsy about to fold over???
Post by: wikenpp on December 29, 2015, 08:39:51 PM
Well it is a matter of time before they fold over.

I can't imagine they will restore their reputation now. Too many users with too many complaints.

Their service is very very bad.

It's a matter of time indeed.
Honestly I expect them to pull the plug in january. So many clients leaving the exchange will make operation cost too high.


Title: Re: is Cryptsy about to fold over???
Post by: Zaun on December 29, 2015, 10:41:35 PM
The sentiment is very negative here.
Sure they messed up a little, but so far they are still 'online'

Having the good reputation they had 1 year ago, i think we should give them a second chance.


Title: Re: is Cryptsy about to fold over???
Post by: peonminer on December 29, 2015, 10:42:42 PM
derp


Title: Re: is Cryptsy about to fold over???
Post by: smoothie on December 29, 2015, 10:48:04 PM
cryptsy is on its death bead.


Title: Re: is Cryptsy about to fold over???
Post by: sakinaka on December 29, 2015, 10:49:02 PM
There is been issues of withdraws and deposits @Cryptsy for the last few days and alot people are complaining on cryptsy chat room..  im having issues also with my money @cryptsy with deposit and try to withdraw and only half the amount was withdraw..and help desk ain't helping...it   doesnt look good and i just want to pass the warning the rest of this community about cryptsy situation

I heard that Cryptsy sent a total of 6 BTC to the infamous Alphabay market too.


Title: Re: is Cryptsy about to fold over???
Post by: smoothie on December 29, 2015, 10:49:15 PM
The sentiment is very negative here.
Sure they messed up a little, but so far they are still 'online'

Having the good reputation they had 1 year ago, i think we should give them a second chance.

lol "messed up a little"?

They can't even do a 1 BTC withdraw in over 48 hours lol


Title: Re: is Cryptsy about to fold over???
Post by: peonminer on December 29, 2015, 11:05:35 PM
There is been issues of withdraws and deposits @Cryptsy for the last few days and alot people are complaining on cryptsy chat room..  im having issues also with my money @cryptsy with deposit and try to withdraw and only half the amount was withdraw..and help desk ain't helping...it   doesnt look good and i just want to pass the warning the rest of this community about cryptsy situation

I heard that Cryptsy sent a total of 6 BTC to the infamous Alphabay market too.

Cryptsy sent an additional 4 BTC to Alphabay Market the day after Christmas. Alphabay Market is a notorious deepweb market used for drugs, weapons, and stolen credit cards. They are definitely not following KYC or AML laws and regulations.

https://www.walletexplorer.com/wallet/Cryptsy.com-old?page=2

http://s2.postimg.org/cvjkquzh5/wtfcryptsy15.png

Original 2 BTC sent to Alphabay market seen here: https://bitcointalk.org/index.php?topic=1173703.msg13356003#msg13356003


Title: Re: is Cryptsy about to fold over???
Post by: bitcool on December 30, 2015, 01:48:32 AM
Cryptsy has the largest Doge trading volume now. Doge price there is 30% higher than other markets.

Isn't this too enticing for criminals to resist?

1)  Stop withdrawals for major coins, trap user's fund.
2)  Allow Doge coin withdrawals, in small amount. Suckers (a.k.a customers) will rush to convert other coins into Doge.
3)  Doge price is sky high.
4)  Steal customers' BTC/LTC to buy cheap Dogecoin elsewhere.
5)  Sell those stolen Doge back to customers
6)  Profit

Their best hope now is Doge coin's sudden collapse, making their liability go away, good luck with that.


Title: Re: is Cryptsy about to fold over???
Post by: peonminer on December 30, 2015, 01:50:21 AM
http://img05.deviantart.net/a247/i/2010/263/2/5/down_the_rabbit_hole_by_vdelrey-d2z5okm.jpg

A bit of a recap from the blockchain analysis of Cryptsy's recent BTCitcoin wallet transactions.

Evidence of Cryptsy wallets sending large 20-40BTC withdrawals that subsequently move to an address linked to numerous other scams with a net worth of $6,000,000.00 (approx)

https://bitcointalk.org/index.php?topic=1173703.msg13303659#msg13303659

More solid evidence connecting them to receiving large deposits and sending large withdrawals again to the rogue wallet that then immediately sends the coins to the address synonymous with scams, including 'The Scryptsy Scam'

https://bitcointalk.org/index.php?topic=1173703.msg13322806#msg13322806

Evidence of the address sending bitcoins to and from Cryptsy (with the buffer of a single wallet) being linked to nefarious activity

https://bitcointalk.org/index.php?topic=1173703.msg13338136#msg13338136

Evidence of Cryptsy sending a total of 6 Bitcoins to Alphabay Market

https://bitcointalk.org/index.php?topic=1173703.msg13369135#msg13369135

2BTC shown here

https://bitcointalk.org/index.php?topic=1173703.msg13356003#msg13356003

and 4BTC shown here

https://bitcointalk.org/index.php?topic=1173703.msg13392110#msg13392110

This doesn't even include all of the ons going on brought to light by countless other members.


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on December 31, 2015, 11:44:26 AM
Cryptsy has the largest Doge trading volume now. Doge price there is 30% higher than other markets.

Isn't this too enticing for criminals to resist?

1)  Stop withdrawals for major coins, trap user's fund.
2)  Allow Doge coin withdrawals, in small amount. Suckers (a.k.a customers) will rush to convert other coins into Doge.
3)  Doge price is sky high.
4)  Steal customers' BTC/LTC to buy cheap Dogecoin elsewhere.
5)  Sell those stolen Doge back to customers
6)  Profit

Their best hope now is Doge coin's sudden collapse, making their liability go away, good luck with that.

If the MT Gox adopted the similar strategy by using litecoin, it will delay its collapse. Mt Gox might survive to this date.


Title: Re: is Cryptsy about to fold over???
Post by: vancefox on December 31, 2015, 04:16:41 PM
If the MT Gox adopted the similar strategy by using litecoin, it will delay its collapse. Mt Gox might survive to this date.

Wouldn't that be the best script to create a huge money scam...

In other words... stop giving these fucks ideas...


Title: Re: is Cryptsy about to fold over???
Post by: Arcteryx on January 01, 2016, 06:14:14 PM
This has been going on for sometime now and it is in the media and should be the highlight story of 2015.
It will fold before Spring. I am certain of that. Get your funds out if you still can and if you account is not locked that is.


Title: Re: is Cryptsy about to fold over???
Post by: jt byte on January 01, 2016, 06:28:28 PM
This has been going on for sometime now and it is in the media and should be the highlight story of 2015.
It will fold before Spring. I am certain of that. Get your funds out if you still can and if you account is not locked that is.

Well that's easily said then done. I am still waiting for a 27/12 withdrawal.
Made ticket today so let's hope for the best. It's almost 1 BTC so yeah i am a little bit worried if they will honor my withdrawal.


Title: Re: is Cryptsy about to fold over???
Post by: MaritiJames3 on January 01, 2016, 06:29:37 PM
This has been going on for sometime now and it is in the media and should be the highlight story of 2015.
It will fold before Spring. I am certain of that. Get your funds out if you still can and if you account is not locked that is.

Well that's easily said then done. I am still waiting for a 27/12 withdrawal.
Made ticket today so let's hope for the best. It's almost 1 BTC so yeah i am a little bit worried if they will honor my withdrawal.

My friend's withdrawal was reviewed and accepted last monday. I know it's a few days back. but they are stilling processing these withdrawals.

Which means you have to be patient right now.


Title: Re: is Cryptsy about to fold over???
Post by: mtnsaa on January 01, 2016, 06:31:46 PM
I think since I signed up on this forum some months ago all I've ever read about Cryptsy is completely negative and scam related. I've never tried their service of course and I'm amazed how they are still functioning taken into consideration the amount of negative attention and publicity.


Title: Re: is Cryptsy about to fold over???
Post by: jt byte on January 01, 2016, 06:37:07 PM
This has been going on for sometime now and it is in the media and should be the highlight story of 2015.
It will fold before Spring. I am certain of that. Get your funds out if you still can and if you account is not locked that is.

Well that's easily said then done. I am still waiting for a 27/12 withdrawal.
Made ticket today so let's hope for the best. It's almost 1 BTC so yeah i am a little bit worried if they will honor my withdrawal.

My friend's withdrawal was reviewed and accepted last monday. I know it's a few days back. but they are stilling processing these withdrawals.

Which means you have to be patient right now.

Monday is a long time ago. Maybe cryptsy decided t make a run for it after New Year.
Your comment gives me not a lot of hope honestly. I really do hope they will honor my withdrawal.


Title: Re: is Cryptsy about to fold over???
Post by: Arcteryx on January 01, 2016, 10:32:07 PM
This has been going on for sometime now and it is in the media and should be the highlight story of 2015.
It will fold before Spring. I am certain of that. Get your funds out if you still can and if you account is not locked that is.

Well that's easily said then done. I am still waiting for a 27/12 withdrawal.
Made ticket today so let's hope for the best. It's almost 1 BTC so yeah i am a little bit worried if they will honor my withdrawal.

My friend's withdrawal was reviewed and accepted last monday. I know it's a few days back. but they are stilling processing these withdrawals.

Which means you have to be patient right now.

Monday is a long time ago. Maybe cryptsy decided t make a run for it after New Year.
Your comment gives me not a lot of hope honestly. I really do hope they will honor my withdrawal.
They could just blame it on slow confirmation times like so many delay in payments have been handled by unprofessional companies in the past. That is their tactic in order to buy more time before making their getaway. But from the sounds of it they are paying, so you still have hope to hold on too.


Title: Re: is Cryptsy about to fold over???
Post by: vancefox on January 01, 2016, 11:55:27 PM
Monday is a long time ago.

Most true comment made here... although it's more accurate to say that each second that goes by changes everything.


Title: Re: is Cryptsy about to fold over???
Post by: Yaupgitda on January 02, 2016, 08:12:35 AM
You need to make a ticket every few days so the Cryptsy will process your withdraw with higher priority.


Title: Re: is Cryptsy about to fold over???
Post by: BTCBinary on January 02, 2016, 07:51:34 PM
I'm pretty pissed of with CRAPTSY at this moment. I have some withdrawals and deposits pending for 3 weeks now and no answer from their support! They are losing it I tell you!


Title: Re: is Cryptsy about to fold over???
Post by: Blawpaw on January 02, 2016, 07:55:39 PM
It seems like so. They are holding the customers money. Everyone is complaining about withdrawal issues. It smells like GOX2


Title: Re: is Cryptsy about to fold over???
Post by: alwinlinzee on January 03, 2016, 07:55:13 PM
Cryptsy is crapsy and now they are in the crapper.
Hope all the traders can get some of their BTC back.
What a bunch of dead beats those guys are at Cryptsy.
Hope all the traders can get some of their BTC back. this is the hope of every member of cryptsy including myself.


Title: Re: is Cryptsy about to fold over???
Post by: Nameless Coin on January 03, 2016, 08:20:53 PM
It seems like so. They are holding the customers money. Everyone is complaining about withdrawal issues. It smells like GOX2

GOX 2.0 Yes that is what is happening right now.
Cryptsy not giving a damn about their customers waiting for their hard earned money.

This is the behaviour of thieves.


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 07, 2016, 10:25:43 AM
It seems like so. They are holding the customers money. Everyone is complaining about withdrawal issues. It smells like GOX2

GOX 2.0 Yes that is what is happening right now.
Cryptsy not giving a damn about their customers waiting for their hard earned money.

This is the behaviour of thieves.

GoX 3.0 maybe. There are many exchanges going to the wall after Mt Gox problem. Cryptsy has halted withdraw.


Title: Re: is Cryptsy about to fold over???
Post by: rammy2k2 on January 07, 2016, 10:34:51 AM
they stopped trading and withdrawals so ... yes, they're about to say game over


Title: Re: is Cryptsy about to fold over???
Post by: Blawpaw on January 07, 2016, 04:39:19 PM
The situation is the same. It is now 3 weeks since I requested my withdraw. since then I had no reply from the support. These guys are running with our coins


Title: Re: is Cryptsy about to fold over???
Post by: Backside walkaround on January 07, 2016, 05:56:36 PM
Lol what happened to the wallet update or whatever their last excuse was?  What other exchanges are going under at the moment?  Is there any chance for DOGE arbitrage?


Title: Re: is Cryptsy about to fold over???
Post by: ShrykeZ on January 07, 2016, 07:43:16 PM
It seems like so. They are holding the customers money. Everyone is complaining about withdrawal issues. It smells like GOX2

GOX 2.0 Yes that is what is happening right now.
Cryptsy not giving a damn about their customers waiting for their hard earned money.

This is the behaviour of thieves.

Sadly I think you maybe right, really hope it is just some server issues for all those that could potentially lose coins.


Title: Re: is Cryptsy about to fold over???
Post by: crazyivan on January 07, 2016, 08:08:50 PM
This stuff s been dragging for quite some time. It s obvious they cant fix it so they should go under. This is really torture for their clients.


Title: Re: is Cryptsy about to fold over???
Post by: marioborges on January 07, 2016, 08:25:24 PM
This stuff s been dragging for quite some time. It s obvious they cant fix it so they should go under. This is really torture for their clients.
There is so many past problems with Crypsys. I cant understand how this platform stills in the market. There is no technical problems, only money problems. Anyway, today I can withdraw  IXCoin 5000. Is not easy, I've trade BTC per IXC, I transfer from cryptsy to my wallet,  wait for 2 hours for transaction confirmation.  but I get it!


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 08, 2016, 07:15:48 PM
I think since I signed up on this forum some months ago all I've ever read about Cryptsy is completely negative and scam related. I've never tried their service of course and I'm amazed how they are still functioning taken into consideration the amount of negative attention and publicity.

It used to be the best for altcoin trading. Without it, there would not be so many scam coins.


Title: Re: is Cryptsy about to fold over???
Post by: D4RK5T4R on January 09, 2016, 01:31:41 PM
Looks like Vern has left the building.

http://bitcoinist.net/cryptsy-has-moved-out-of-their-building-unannounced-nowhere-to-be-found/


Title: Re: is Cryptsy about to fold over???
Post by: teddy5145 on January 09, 2016, 01:54:03 PM
Looks like Vern has left the building.

http://bitcoinist.net/cryptsy-has-moved-out-of-their-building-unannounced-nowhere-to-be-found/
Don't worry guys, they are building their new HQ under water just like atlantis does :P

On more serious note, this is a sign that they will likely to run away with your money
Hurry and take your money out of Cryptsy before it's too late, even though i know that getting your money out of there is a pain
Good things i never keep my money at exchange ::)


Title: Re: is Cryptsy about to fold over???
Post by: bitcoin-hunter on January 09, 2016, 07:24:33 PM
Looks like Vern has left the building.

http://bitcoinist.net/cryptsy-has-moved-out-of-their-building-unannounced-nowhere-to-be-found/
Don't worry guys, they are building their new HQ under water just like atlantis does :P

On more serious note, this is a sign that they will likely to run away with your money
Hurry and take your money out of Cryptsy before it's too late, even though i know that getting your money out of there is a pain
Good things i never keep my money at exchange ::)

I am waiting for 2 weeks now. Even contacted their support but they didn't even bother to reply.

WTF is wrong with them?


Title: Re: is Cryptsy about to fold over???
Post by: teddy5145 on January 09, 2016, 08:08:18 PM
Looks like Vern has left the building.

http://bitcoinist.net/cryptsy-has-moved-out-of-their-building-unannounced-nowhere-to-be-found/
Don't worry guys, they are building their new HQ under water just like atlantis does :P

On more serious note, this is a sign that they will likely to run away with your money
Hurry and take your money out of Cryptsy before it's too late, even though i know that getting your money out of there is a pain
Good things i never keep my money at exchange ::)

I am waiting for 2 weeks now. Even contacted their support but they didn't even bother to reply.

WTF is wrong with them?
There's an old trick and i don't know if it still working or not but it's worth a try
Try to convert your coins to altcoin and then withdraw it to another exchange and then turn them back to BTC
Some people managed to withdraw their coins with this trick ;)


Title: Re: is Cryptsy about to fold over???
Post by: Searing on January 10, 2016, 06:22:06 AM
Looks like Vern has left the building.

http://bitcoinist.net/cryptsy-has-moved-out-of-their-building-unannounced-nowhere-to-be-found/
Don't worry guys, they are building their new HQ under water just like atlantis does :P

On more serious note, this is a sign that they will likely to run away with your money
Hurry and take your money out of Cryptsy before it's too late, even though i know that getting your money out of there is a pain
Good things i never keep my money at exchange ::)


It is worse then that ..if this guy is right the head guy now is in China

http://bitcoinnewschannel.com/2016/01/09/paul-vern-cryptsys-ceo-seems-to-have-flown-to-china/ (http://bitcoinnewschannel.com/2016/01/09/paul-vern-cryptsys-ceo-seems-to-have-flown-to-china/)


sh*t let the 'mini-gox' sh*tstorm begin.....more FUD the 'press' will be thrilled ..sell lots of ads on their sites or publications :)

we just need this and another 'spat' with the developers (core vs others) and China to slap btc down again ...and viola cheap coin :)



Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 11, 2016, 02:56:44 PM
Looks like Vern has left the building.

http://bitcoinist.net/cryptsy-has-moved-out-of-their-building-unannounced-nowhere-to-be-found/
Don't worry guys, they are building their new HQ under water just like atlantis does :P

On more serious note, this is a sign that they will likely to run away with your money
Hurry and take your money out of Cryptsy before it's too late, even though i know that getting your money out of there is a pain
Good things i never keep my money at exchange ::)


It is worse then that ..if this guy is right the head guy now is in China

http://bitcoinnewschannel.com/2016/01/09/paul-vern-cryptsys-ceo-seems-to-have-flown-to-china/ (http://bitcoinnewschannel.com/2016/01/09/paul-vern-cryptsys-ceo-seems-to-have-flown-to-china/)


sh*t let the 'mini-gox' sh*tstorm begin.....more FUD the 'press' will be thrilled ..sell lots of ads on their sites or publications :)

we just need this and another 'spat' with the developers (core vs others) and China to slap btc down again ...and viola cheap coin :)



If he fled to China, he will be caught there, maybe by the Chinese users of his exchanges. China has lots of miners and traders, who might become victim of the exchange.


Title: Re: is Cryptsy about to fold over???
Post by: teddy5145 on January 11, 2016, 06:36:48 PM
Looks like Vern has left the building.

http://bitcoinist.net/cryptsy-has-moved-out-of-their-building-unannounced-nowhere-to-be-found/
Don't worry guys, they are building their new HQ under water just like atlantis does :P

On more serious note, this is a sign that they will likely to run away with your money
Hurry and take your money out of Cryptsy before it's too late, even though i know that getting your money out of there is a pain
Good things i never keep my money at exchange ::)


It is worse then that ..if this guy is right the head guy now is in China

http://bitcoinnewschannel.com/2016/01/09/paul-vern-cryptsys-ceo-seems-to-have-flown-to-china/ (http://bitcoinnewschannel.com/2016/01/09/paul-vern-cryptsys-ceo-seems-to-have-flown-to-china/)


sh*t let the 'mini-gox' sh*tstorm begin.....more FUD the 'press' will be thrilled ..sell lots of ads on their sites or publications :)

we just need this and another 'spat' with the developers (core vs others) and China to slap btc down again ...and viola cheap coin :)



If he fled to China, he will be caught there, maybe by the Chinese users of his exchanges. China has lots of miners and traders, who might become victim of the exchange.
I don't think so, many of the people there use huobi for their main exchange and not some shady one like cryptsy


Title: Re: is Cryptsy about to fold over???
Post by: Puhi on January 11, 2016, 06:50:01 PM
I got the response to my ticket today. It didn't help to resolve anything.
But it looks somebody is still working there.

Anybody else?


Title: Re: is Cryptsy about to fold over???
Post by: crazyivan on January 11, 2016, 06:54:48 PM
I got the response to my ticket today. It didn't help to resolve anything.
But it looks somebody is still working there.

Anybody else?

Let me guess, they told they re experiencing technical difficulties and their teams are on it, fixing it, right?


Title: Re: is Cryptsy about to fold over???
Post by: Puhi on January 11, 2016, 07:09:34 PM
I got the response to my ticket today. It didn't help to resolve anything.
But it looks somebody is still working there.

Anybody else?

Let me guess, they told they re experiencing technical difficulties and their teams are on it, fixing it, right?

Yes... and if I want to cancel my withdraw, I should send the request to support.
But I was still surprised to get anything from them.


Title: Re: is Cryptsy about to fold over???
Post by: teddy5145 on January 11, 2016, 08:32:46 PM
I got the response to my ticket today. It didn't help to resolve anything.
But it looks somebody is still working there.

Anybody else?

Let me guess, they told they re experiencing technical difficulties and their teams are on it, fixing it, right?

Yes... and if I want to cancel my withdraw, I should send the request to support.
But I was still surprised to get anything from them.
Just cancel your withdraw, its no use waiting for them
Turn your coins to alt coins then transfer into another exchange and then turn it back to BTC
You may lose some coins in the process but it's better than losing all of your coins


Title: Re: is Cryptsy about to fold over???
Post by: wikenpp on January 11, 2016, 08:49:53 PM
I got the response to my ticket today. It didn't help to resolve anything.
But it looks somebody is still working there.

Anybody else?

Let me guess, they told they re experiencing technical difficulties and their teams are on it, fixing it, right?

Yes... and if I want to cancel my withdraw, I should send the request to support.
But I was still surprised to get anything from them.
Just cancel your withdraw, its no use waiting for them
Turn your coins to alt coins then transfer into another exchange and then turn it back to BTC
You may lose some coins in the process but it's better than losing all of your coins

This is probably the best way to get some money back there.
You will minimize your potential loss, since they won't accept it anymore.


Title: Re: is Cryptsy about to fold over???
Post by: socks435 on January 11, 2016, 09:02:08 PM
cryptsy will going to be scam sooner or later i read article outside that the site is down.You must to take action before its happen.
The above post maybe the best solution to withdraw your invested..


Title: Re: is Cryptsy about to fold over???
Post by: Pollak on January 11, 2016, 10:40:17 PM
Can someone who left cryptsy tell me which coins are safe to withdraw.
I bought Dash and then my withdrawal is pending.
I bought litecoin and... yes my withdrawal is pending..


Title: Re: is Cryptsy about to fold over???
Post by: HarryKPeters on January 11, 2016, 10:57:12 PM
Can someone who left cryptsy tell me which coins are safe to withdraw.
I bought Dash and then my withdrawal is pending.
I bought litecoin and... yes my withdrawal is pending..

You can try Cannabis Coin. Today i had a withdrawal from cryptsy being processed:
Processed   TrxID: d5aebcbb3fb020c3e8c57cc7cd004e1cb743674175895c75b65519907e55f3f1 @ 2016-01-11 17:16:13

The other coins are more difficult. Best way is to buy a little and see if it works.


Title: Re: is Cryptsy about to fold over???
Post by: teddy5145 on January 11, 2016, 10:58:53 PM
Can someone who left cryptsy tell me which coins are safe to withdraw.
I bought Dash and then my withdrawal is pending.
I bought litecoin and... yes my withdrawal is pending..
I heard some people suceed in withdrawing doge coins ;)


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 12, 2016, 10:03:43 AM
cryptsy will going to be scam sooner or later i read article outside that the site is down.You must to take action before its happen.
The above post maybe the best solution to withdraw your invested..


Some people can still withdraw coins out of it. But it depends on the types of coin and also the luck of the user.


Title: Re: is Cryptsy about to fold over???
Post by: Barney on January 12, 2016, 11:14:50 AM
Can someone who left cryptsy tell me which coins are safe to withdraw.
I bought Dash and then my withdrawal is pending.
I bought litecoin and... yes my withdrawal is pending..
XPM worked for me yesterday. Coins that are still withdrawable have a big premium compared to other exchanges.


Title: Re: is Cryptsy about to fold over???
Post by: jt byte on January 12, 2016, 04:51:23 PM
Can someone who left cryptsy tell me which coins are safe to withdraw.
I bought Dash and then my withdrawal is pending.
I bought litecoin and... yes my withdrawal is pending..
XPM worked for me yesterday. Coins that are still withdrawable have a big premium compared to other exchanges.

This is exactly what Cryptsy wants. They control those 'premiums'. Sure some holders can sell very high but then what.. They have bitcoin which they can't withdraw.
Honestly this is all a big setup by cryptsy getting every last dime out of their customers.

Shamefull


Title: Re: is Cryptsy about to fold over???
Post by: HostSurf on January 12, 2016, 05:11:47 PM
It won't take long now. Everybody, not a handful of people, is taking their money out of there.
And they should, but most of them are too late.


Title: Re: is Cryptsy about to fold over???
Post by: kotwica666 on January 12, 2016, 05:25:02 PM
cryptsy will going to be scam sooner or later i read article outside that the site is down.You must to take action before its happen.
The above post maybe the best solution to withdraw your invested..


Some people can still withdraw coins out of it. But it depends on the types of coin and also the luck of the user.

Everyone can withdraw some coins.. or maybe even all of them, just up to some amount. I know that DOGE was possible up to 35k BTC up to 0.01.

How is today i don't know but two days ago transfers under this amounts have been working.


Title: Re: is Cryptsy about to fold over???
Post by: vancefox on January 12, 2016, 06:06:39 PM
It won't take long now. Everybody, not a handful of people, is taking their money out of there.
And they should, but most of them are too late.

Best part is in order for one to sell into a coin that has enough to allow withdrawal it takes one (or more) to want to leave their coin there in the order book(s)...

So there will still end up being bag holders one way or another...


Title: Re: is Cryptsy about to fold over???
Post by: bitcon on January 13, 2016, 09:50:56 AM
looks like all withdrawals even on alts have been halted now.    >:( :(


Title: Re: is Cryptsy about to fold over???
Post by: iCEBREAKER on January 13, 2016, 10:10:13 AM
looks like all withdrawals even on alts have been halted now.    >:( :(

Uh-oh, there are going to be some very disappointed (former) Dash bagholders.   :)

Cryptsy has been really good for me

Big Vern is known and US based, and no one has ever lost money there over a very long time. I will continue to use cryptsy and recommend it until they give me a real reason not to.

Maybe if the Minotaur ever participated in threads besides Dash's [ANN] he would have seen this coming months ago, like the rest of us.


Title: Re: is Cryptsy about to fold over???
Post by: kotwica666 on January 13, 2016, 11:21:51 AM
looks like all withdrawals even on alts have been halted now.    >:( :(

Uh-oh, there are going to be some very disappointed (former) Dash bagholders.   :)

Cryptsy has been really good for me

Big Vern is known and US based, and no one has ever lost money there over a very long time. I will continue to use cryptsy and recommend it until they give me a real reason not to.

Maybe if the Minotaur ever participated in threads besides Dash's [ANN] he would have seen this coming months ago, like the rest of us.


I think people like Minotaur is more and they will "cry" .. but to know / understand what has happened / is happening with cryptsy, someone had to lose at least once before on a similar action. Next time they will know ...


Title: Re: is Cryptsy about to fold over???
Post by: BTCBinary on January 13, 2016, 06:10:03 PM
Yeah it seem like it. Today they posted another notice in which they explain they are being victms of a Spam attack. they are just trying to gain more time to steal all of our money.


Title: Re: is Cryptsy about to fold over???
Post by: The Sceptical Chymist on January 13, 2016, 06:13:29 PM
Yeah, I don't believe that for one minute--this has been going on for way longer than an attack would and they haven't been transparent about the withdrawal delays and so forth.  To say the very least.  I give them less than a month before their website is down and they're gone for good.


Title: Re: is Cryptsy about to fold over???
Post by: MaxTax on January 13, 2016, 09:06:15 PM
Yeah, I don't believe that for one minute--this has been going on for way longer than an attack would and they haven't been transparent about the withdrawal delays and so forth.  To say the very least.  I give them less than a month before their website is down and they're gone for good.

Yeah they scumbags are lying. It makes no sense they are suddenly hacked after they got them self in so much trouble.
The investigation come close to reveal some truth I think.


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 14, 2016, 04:12:36 PM
Yeah it seem like it. Today they posted another notice in which they explain they are being victms of a Spam attack. they are just trying to gain more time to steal all of our money.

Spam attack does not take several months. I think it is lying again. This is the symptom of all the default exchanges.


Title: Re: is Cryptsy about to fold over???
Post by: The Sceptical Chymist on January 14, 2016, 09:03:54 PM
Yeah it seem like it. Today they posted another notice in which they explain they are being victms of a Spam attack. they are just trying to gain more time to steal all of our money.

Spam attack does not take several months. I think it is lying again. This is the symptom of all the default exchanges.
Spam attack.  I don't even know what that means, but yes this has been going on a long time.  That's a symptom of mismanagement and/or outright fraud.  Spam attack, my black ass.


Title: Re: is Cryptsy about to fold over???
Post by: sirslayer on January 14, 2016, 10:40:17 PM
i just found this out today

https://www.reddit.com/r/cryptsy/comments/40q680/cryptsy_closed_and_issuing_refunds/


Title: Re: is Cryptsy about to fold over???
Post by: bitcon on January 15, 2016, 06:07:08 AM
what a fucking shitshow this is turning into.  just when people are starting to regain confidence in bitcoin.


Title: Re: is Cryptsy about to fold over???
Post by: botany on January 15, 2016, 06:29:13 AM
The lawsuits are coming now.  :)
http://www.coindesk.com/class-action-lawsuit-filed-digital-currency-exchange-cryptsy/

Two Florida law firms have filed a class action lawsuit in US district court against digital currency exchange Cryptsy and its CEO, Paul Vernon.

Filed in the US District Court for the Southern District of Florida on 13th January, the case alleges negligence, unjust enrichment, conversion and violation of Florida’s Deceptive and Unfair Trade Practices Act. The lawsuit was filed by Jinyao Liu, a Cryptsy customer based in Virginia.


Title: Re: is Cryptsy about to fold over???
Post by: shitalsmenon on January 15, 2016, 07:00:21 AM
Only thing now is to :- do remember all the Cryptsy team , Cryptsy fanboyz and devs that were along/supporting in this show all the time together for future such events be caught quickly ! As its the same people making making GOX show repeat again and again ! Specially the fanboyz who where telling i totally trust Cryptsy and they never go poof ! Similar to Garza fanboys ! Without this fanboyz, truth would have came out pretty soon ! Blind dumb herd mentality followers !


Title: Re: is Cryptsy about to fold over???
Post by: peonminer on January 15, 2016, 08:47:43 AM
VERN STOLE EVERYONE'S SHIT WTF TOLD YOU GAIZ FUCKING TOLD YOU I FUCKING TOLD YOU


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 15, 2016, 09:13:10 PM
what a fucking shitshow this is turning into.  just when people are starting to regain confidence in bitcoin.

This event is very bad for the publicity of bitcoin. We definitely need some regulation of bitcoin exchanges.


Title: Re: is Cryptsy about to fold over???
Post by: croato on January 15, 2016, 09:31:09 PM
There was more than few threads here and lot of smoke everywhere on those scammers so i am surprised how many ppl treat their coins like monopoly money. In my opinion, everyone who have invested in trade on that scam site in past year is no more than suicide gambler playing russian roulette with semi auto gun. I am happy all that Craptsy drama is about to end.


Title: Re: is Cryptsy about to fold over???
Post by: Puhi on January 15, 2016, 10:15:06 PM
So, which exchange are you going to use? C-cex, poloniex, ...


Title: Re: is Cryptsy about to fold over???
Post by: teddy5145 on January 16, 2016, 02:13:03 AM
So, which exchange are you going to use? C-cex, poloniex, ...
The one that is not going to be shitty as crpytsy :P
Bitfinex is pretty decent for an exchange IMO
But your suggestion are not bad too
But no matter how trusty the exchanges are never keep your money inside their wallet :P


Title: Re: is Cryptsy about to fold over???
Post by: sirslayer on January 16, 2016, 06:11:12 AM
 mickiya you said this

This event is very bad for the publicity of bitcoin. We definitely need some regulation of bitcoin exchanges.

yes i agree, also



Title: Re: is Cryptsy about to fold over???
Post by: foxkyu on January 16, 2016, 06:23:34 AM
So, which exchange are you going to use? C-cex, poloniex, ...
The best exchange for altcoin now is poloniex. Their daily volume is very high.

Also the support and security is good. They have mod in the trollbox, so if you have any problem you can talk to them before create ticket.

Bittrex is also good. But polo still the best. I'm using both of those exchange for trading bitcoin.


Title: Re: is Cryptsy about to fold over???
Post by: NABiT on January 16, 2016, 09:08:27 AM
So, which exchange are you going to use? C-cex, poloniex, ...
The best exchange for altcoin now is poloniex. Their daily volume is very high.

Also the support and security is good. They have mod in the trollbox, so if you have any problem you can talk to them before create ticket.

Bittrex is also good. But polo still the best. I'm using both of those exchange for trading bitcoin.

I agree, I recently tried most of the exchanges and came to the same conclusion, Poloinex, some at Bittrex, mainly START.

I usually check at http://coinmarketcap.com to see which exchange handles most Volume for a particular coin, that usually turns out to be Poloinex anyway.

There's always http://shapeshift.io if you want to take the Exchange risk out of the equation but then the prices might be a bit higher.


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 16, 2016, 11:08:34 AM
So, which exchange are you going to use? C-cex, poloniex, ...
The best exchange for altcoin now is poloniex. Their daily volume is very high.

Also the support and security is good. They have mod in the trollbox, so if you have any problem you can talk to them before create ticket.

Bittrex is also good. But polo still the best. I'm using both of those exchange for trading bitcoin.

I also use poloniex. I heard it was hacked before, and return all the money to users. Is that true?


Title: Re: is Cryptsy about to fold over???
Post by: traderbit on January 16, 2016, 11:14:46 AM
They are giving 1000BTC bounty but seems that the 13,000 BTC are gone forever, which exchange is next(bter?)


Title: Re: is Cryptsy about to fold over???
Post by: kotwica666 on January 16, 2016, 11:35:28 AM
So, which exchange are you going to use? C-cex, poloniex, ...
The best exchange for altcoin now is poloniex. Their daily volume is very high.

Also the support and security is good. They have mod in the trollbox, so if you have any problem you can talk to them before create ticket.

Bittrex is also good. But polo still the best. I'm using both of those exchange for trading bitcoin.

I also use poloniex. I heard it was hacked before, and return all the money to users. Is that true?

They had problem and they raised. It is true. This means that they think about future. Poloniex is stable.

I can recommend Bittrex as well - two years without problems with them.


Title: Re: is Cryptsy about to fold over???
Post by: Puhi on January 16, 2016, 12:44:06 PM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.


Title: Re: is Cryptsy about to fold over???
Post by: traderbit on January 16, 2016, 12:56:14 PM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.
"Don't put all your eggs in one basket" i use poloniex too but use and another exchange don't risk everything on the success of one venture.


Title: Re: is Cryptsy about to fold over???
Post by: Puhi on January 16, 2016, 01:18:43 PM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.
"Don't put all your eggs in one basket" i use poloniex too but use and another exchange don't risk everything on the success of one venture.

Sure.
I just need a good replacement for Cryptsy. I'll continue using c-cex (it is pretty good) and start using poloniex.


Title: Re: is Cryptsy about to fold over???
Post by: foxkyu on January 17, 2016, 09:58:49 AM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.
"Don't put all your eggs in one basket" i use poloniex too but use and another exchange don't risk everything on the success of one venture.

Sure.
I just need a good replacement for Cryptsy. I'll continue using c-cex (it is pretty good) and start using poloniex.
Don't forget to use 2fa for every exchange you register.

Also it would be good if you have different email for every exchange, and separate email for 2fa and exchange for your security.


Title: Re: is Cryptsy about to fold over???
Post by: vancefox on January 17, 2016, 04:06:06 PM
So, which exchange are you going to use? C-cex, poloniex, ...
The best exchange for altcoin now is poloniex. Their daily volume is very high.

Also the support and security is good. They have mod in the trollbox, so if you have any problem you can talk to them before create ticket.

Bittrex is also good. But polo still the best. I'm using both of those exchange for trading bitcoin.

I also use poloniex. I heard it was hacked before, and return all the money to users. Is that true?

They had problem and they raised. It is true. This means that they think about future. Poloniex is stable.

I can recommend Bittrex as well - two years without problems with them.

Poloniex and Bittrex have been ok as of this post.  So has Crytopia.  Any statement about either of the listed exchanges may be different after I click the post.  That's how this world is...


Title: Re: is Cryptsy about to fold over???
Post by: vancefox on January 17, 2016, 04:07:12 PM
They are giving 1000BTC bounty but seems that the 13,000 BTC are gone forever, which exchange is next(bter?)

I'd say the individual(s) who "took" the btc will wait until they think that people are no longer watching and then mix them and then run off.

My guess?  Craptsy employee(s).


Title: Re: is Cryptsy about to fold over???
Post by: foxbitcoin on January 18, 2016, 12:47:54 AM
They are giving 1000BTC bounty but seems that the 13,000 BTC are gone forever, which exchange is next(bter?)
bter has been hacked before. Cryptsy is seeking the same solution and need financial investors to inject capitals. http://www.newsbtc.com/2016/01/17/cryptsy-spread-the-loss-to-all-users-and-allow-trades-to-continue/ But from bter's experience, many users have left bter. The ROI  is nearly forever. No trading volume, no profits they will get to pay back losers.


Title: Re: is Cryptsy about to fold over???
Post by: rezilient on January 18, 2016, 04:14:55 AM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.

Yep, poloniex the best exchange for me. I do encounter problems with them but they are solved immediately.


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 18, 2016, 12:14:06 PM
They are giving 1000BTC bounty but seems that the 13,000 BTC are gone forever, which exchange is next(bter?)

I'd say the individual(s) who "took" the btc will wait until they think that people are no longer watching and then mix them and then run off.

My guess?  Craptsy employee(s).

If they mix now, we cannot still not find him. So why should he wait for long time. Poeple will watch the address all the time.


Title: Re: is Cryptsy about to fold over???
Post by: X68N on January 18, 2016, 06:21:29 PM
They are giving 1000BTC bounty but seems that the 13,000 BTC are gone forever, which exchange is next(bter?)

I'd say the individual(s) who "took" the btc will wait until they think that people are no longer watching and then mix them and then run off.

My guess?  Craptsy employee(s).

If they mix now, we cannot still not find him. So why should he wait for long time. Poeple will watch the address all the time.

"he" can escape with the founds if he goes to a underground plastic surgery clinic somehwere in mexico to perform a gender transformation ;D


Title: Re: is Cryptsy about to fold over???
Post by: mickiya on January 19, 2016, 10:25:35 AM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.

Poloniex is good for trading Ethereum. The volume is very high there. It leads other exchanges. I think it is the biggest altcoin exchange now.


Title: Re: is Cryptsy about to fold over???
Post by: Yaupgitda on January 27, 2016, 07:25:18 AM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.

Poloniex is the largest altcoin trading platform now. The volume there for Ethereum is huge. It is more than all the other exchanges combined.


Title: Re: is Cryptsy about to fold over???
Post by: lumeire on January 31, 2016, 02:32:05 PM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.

Poloniex is the largest altcoin trading platform now. The volume there for Ethereum is huge. It is more than all the other exchanges combined.

I've read from somewhere here in the forum that there are some kind of hack-related issues on certain accounts in PoloniEX. Just to be sure, spread your assets into 2-3 exchanges so if something comes up you're not fully hit.


Title: Re: is Cryptsy about to fold over???
Post by: martinacar on January 31, 2016, 10:05:06 PM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.

Poloniex is the largest altcoin trading platform now. The volume there for Ethereum is huge. It is more than all the other exchanges combined.

I've read from somewhere here in the forum that there are some kind of hack-related issues on certain accounts in PoloniEX. Just to be sure, spread your assets into 2-3 exchanges so if something comes up you're not fully hit.

Yeah never trust an exchange.
Spread your trading money on several exhanges and make sure to withdraw large stashes (every holding worth 0.5 BTC) is  withdrawn f.e.


Title: Re: is Cryptsy about to fold over???
Post by: RustyNoman on February 01, 2016, 07:37:13 AM
Thanks for suggestions. You confirmed that poloniex is a way to go as I hoped.

Poloniex is the largest altcoin trading platform now. The volume there for Ethereum is huge. It is more than all the other exchanges combined.

I've read from somewhere here in the forum that there are some kind of hack-related issues on certain accounts in PoloniEX. Just to be sure, spread your assets into 2-3 exchanges so if something comes up you're not fully hit.

Yeah never trust an exchange.
Spread your trading money on several exhanges and make sure to withdraw large stashes (every holding worth 0.5 BTC) is  withdrawn f.e.

That is a good idea. Most exchanges are not regulated. They are holding a lot of our money. It is a dangerous thing.