Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: psybits on April 28, 2013, 06:10:49 AM



Title: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: psybits on April 28, 2013, 06:10:49 AM
Selling FC for 80 LTC per 1000 FC.

Just send me a PM  ;)


Title: Re: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: palm12341 on April 28, 2013, 06:15:51 AM
I'll sell 250FC for 18ltc
I'll send first if you have a high enough rep since i'm new


Title: Re: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: galambo on April 28, 2013, 06:26:31 AM
Cryptonit directly uses the bitcoin "move" RPC function to manage his user accounts.

What does this mean for you?

mugen isn't keeping any accounting records of what his customers are doing. So if one of his exchanges has a bug, like his Freicoin exchange did, he cannot determine what amounts all of his accounts should have. Mugen's exchange had this same massive bug where he lost customer funds when the site was in beta. He was advised to implement his exchange using external accounting & logs.

Had mugen built his exchange so that it kept accounting records and logs he wouldn't have had any problems trading Freicoin and other coins. Unfortunately, even if someone wanted to make all of his depositors whole they couldn't do it because he doesn't keep the records necessary to pay people back.

I strongly recommend you stay very far away from cryptonit for ANY coin.


Title: Re: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: tobobit on April 28, 2013, 07:01:38 AM

BEWARE!!!
Cryptonit site ate/lost/stole my LTC over 30 minutes ago.
I placed an order, my LTC disappeared, no open orders under My Orders, no order went through. Many refreshes since.  It simply ate my LTC with nothing in return. BEWARE!!!

edit.  1.5 hours of frantic refreshing for my coins to show up. F@#$ cryptonit


Title: Re: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: Crystallas on April 28, 2013, 10:49:54 PM
Cryptonit has been nothing but an endless headache for me thus far.


Title: Re: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: aikklond on April 28, 2013, 11:33:20 PM

But what would the process be ?


Title: Re: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: LTC99 on April 29, 2013, 01:38:07 AM
Im selling FC,  45LTC/1k FC   Pm me


Title: Re: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: hdclover on April 29, 2013, 02:25:42 AM
i will buy @15 LTC /K .. pm me


Title: Re: Cryptonit is having problems - buy FC from me 80 LTC per 1000 FC
Post by: mill0601 on April 29, 2013, 02:27:04 AM
I will buy at 20ltc per k