Bitcoin Forum

Anyone knows what happened?

Oh noes, my 500FTC :P
It was down earlier and came back up so i'm not sure.

It's poorly coded.. Guy is using dollar store clearance servers.

He has too much money on the exchange to have such awful slapped together website.

Just my humble opinion, but no reason to really use it anymore due to vircurex and bter.

I would just stick to Vircurex myself.

99% agreed.  But as for that other 1% I have some FRC that I trade on bter. 

At the beginning it looked like a ddos, I hope its nothing more serious and it will be back with all accounts intact.

+1

that cryptonit didnt worked fine for me..

my guess is a scam. dude lives about 20 miles from the IP location of someone who jacked 10k FTC from me. As soon as it appeared on cryptonit, the guy started splitting it out into different accounts in 1k increments.

maybe there is no association, but i would stay the hell away from cryptonit even if it comes back up (and I doubt it will)

well i hope it goes live again, i've got some of my LTCs there  :-\

me 2, had about 200 LTC and a few k FTC left in there. fun fun.

With all the problems it been having the last couple weeks,  I yanked out all my coins as soon as I could.

Lucky you. I still have a bunch in there =\.

I cashed after after every trade immediately...

It was worth to pay those fees just to get it out... so Ive lost only about 3 LTC, if it stays down...

I too have some LTC left there.  Hope it comes back soon.

I have a few FTC and LTC in there...I cashed out every other trade.

Good thing I emptied out my account this morning.

check to see if the address you sent your coins to last time has sent all of it's coins somewhere else... that might let you know a little more about if your coins are still there.

any news about cryptonit? is any of those guys here in the forum?

Strangely, my FTC account there has fewer outgoings than the FTC I sold. Though I don't really have much experience figuring this stuff out so I could be interpreting it wrongly.


So the inputs to my cryptonit account match what I paid in. But the amount sent out doesn't! I actually sold pretty much all of it, leaving 200FTC...

(For some reason I decided I had to have a nice round number in my wallet accounts, so I left some litecoins at cryptonit. That was stupid of me and I shan't be doing that again.)

--Tom

Puff, I had lot of LTC I was trading there. Hope this guys come back soon.

Anyone has any information about the site managers?

I only had 20FTC on there, so no big deal, still annoys me on principle though.

Bter.com seems to be working well.

Im glad I was able to fix the GA problem and I got my coins out, minus one for fees..

Put me down for 4500 FC evaporated.

If the site disappears with our coins I hope it at least helps to set an example for people to stay away from a lot of the new pump and dump coins.

Uhhh,,, I don't think they're a scam.  They seem legit coming from the fact that they had things like google authenticator to prevent unauthorized withdrawal.

But the site owner should post an update or something.

Site owner's name is 'mugen' by the way.

And another ignore.

Calm down ... Mugen is not a scammer.
He's had many problems with the websites but he never stole a single coin.
The site will be back and you will get your coins.

agreed.  people having panic attacks.

I doubt he/she is a scammer. That being said: hardware and software die. Dont know what this was run on, or if it was backed up. That is my concern 99% of the time, not scammers.

This is good news. Competitors are just doing everything they can to attack it.

The SSL was gone for a while but it's back on the domain. Hopefully it will be back up soon.

We can have light speed alt.coins with a block each nanosecond, but you will have to wait 24/48 hs to withdraw your funds, ehehe.

I wouldn't can it a scam site.  More like it wasn't designed to handle the load, which was the reason it crash a few weeks ago.  He was supposed to upgrade the server or something, but apparently either it wasn't enough or he being ddos or something.  In any case it shows that this exchange is not the most professional place to keep your coins.

No, 4500 FC = lol attack.

4500 LTC would be a panic attack... I hope noone had that much in there.

Best is to never have more than 1/2 BTCs in any service without very very well reputation. And, anyway try to have always your coins in your power...

Most clever scam ive seen
step one:set up a site that looks legit
step two: make it a pain to withdraws with google authenticator, so people keep coins in it
step three wait for a coin with mega hype
step 4 bee the first to exchange it bringing tons in
step 5 close down account take coins as soon as vircurex opens up
step 6 sell on vircurex

Perhaps. Though I hope not for that sake of many people.

I'll be more worried when my coins leave the wallet they're still in. So far that has not happened.

Perhaps a mass of people tried to withdraw to move to Virc. Or possibly the trading volume increased to the point the application couldn't handle. Or maybe the site was maliciously DoS'd with many micro-trades as has been seen on other and larger exchanges.

I'm not ready to call it a scam just yet. Could be, but not ready to call it as such.

I feel this would just result in a massive crash in value of the coins, I don't believe anyone could make a particularly meaningful profit doing this so early in a coins history. This is however just my opinion.

Nonsense. Google authenticator was really easy to use.

Not sure why anyone would store coins on a website anyway, should be an exchange not a backup wallet.

Hope they open again, I found the quite decent.

I enjoyed the site. They had a couple bugs to work out but it had potential.

Even if you count the FC as worthless, a lot of LTC got deposited there... that's REAL money!

I have a lot of LTC and FTC on the site.

Any news???

Annnd it's not a scam....

Please be kind to the exchange. Mugen has done a lot of work on it.

(It's back up)

its back  http://www.cryptonit.net/

its Back up!

Good, lest hope they respond to support tickets, I am still missing coins from my account and lodged two tickets about it, the first one two days ago, no replies.

when I try to log in it says "Only site administrators can create new user accounts.".....wat???

It seems we going to have to same troubles as every exchange: Too many active users.
The servers could not handle nearly 1.000 simultaneously connected users. And not even one minute after the servers came up again, over 100 users were connected. Thank you for pushing us into new dimensions we have never dreaming of reaching one day. Of course we apologize for the downtime and do our best to upgrade the servers again.

We have to stop accepting new users for a while and have to see how to upgrade the servers next.

https://cryptonit.net/content/server-upgrades-2nd

My feathercoins are still locked in because a bug swaps the amount from positive to negative when you try to authenticate.  :(

I had 20 FTC disappear from the system, they were in an order for almost 2 days which I couldn't cancel for some reason, now today gone, not in either the FTC or LTC accounts.

Good to see them back :).

Cannot withdraw LTC though.

did you verify your withdrawl?

my LTC is stuck at My Orders.... I am unable to cancel it after many tries...

Ahh, never mind.  The address box and the withdraw button didn't load properly I guess.  Refreshed the page and it's all good.

Same happened to me, the funds vanished after 2 days.

all seems to be ok...

Guess his "issues" not were just FRC related... what will be the excuse this time with all the missing coin?

Suggest you get your coins out asap. ::)

We'd love to. Unfortunately it won't let us.  :(

Edit: Got a response from the Dev.  :)


Hopefully won't be too long now.

I'm not too worried. Pretty sure it's not a scam and the dev is trying his best. It's just far too buggy for the moment to be leaving coins in for any length of time, so having them trapped there is distressing.

Hovering close to 8LTCs per 100 FCs. Glad I didn't panic and sell at half this price before the difficulty jump.

Mugen is not a scammer.