Bitcoin Forum

Economy => Trading Discussion => Topic started by: Revelations86 on February 05, 2014, 08:08:45 AM



Title: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Revelations86 on February 05, 2014, 08:08:45 AM
I am starting this thread in order to expose the unethical conduct in which Cryptsy chose to conduct themselves today right after the introduction of Vertcoin on their exchange (as the price was rapidly rising). It appears as if they intentionally started freezing everyone's VTC deposits so that they could artificially manipulate the price of this coin and allow a "select" few to dump it as it continued rising.   In the process, they screwed many VTC holders including myself by freezing up our deposits and thus stopping us from conducting any trading. Additionally, many of us initially tested our deposits by sending small amounts of VTC into the VTC wallet which all apparently made it through WITHIN MINUTES and only after we attempted to deposit the rest of the balance, did they freeze our VTS. As of this moment (10 HOURS), our deposits have STILL HAVE NOT made it into our VTC Wallets in Cryptsy.   >:( >:(


As a result of this, I WILL NOT BE CONDUCTING ANY MORE TRADING at Cryptsy. I am also quite active in the NYC Bitcoin community and will do MY EVERY BEST to bring this unethical behavior to public light and dissuade everyone I know from trading there.   

I urge everyone to do the same and BOYCOTT these scam artists and AVOID using their exchange like the plague!   

Please Please continue to post if you've been screwed over by Cryptsy!!!!  This is the only way to bring attention to the entire CryptoCurrency community of what these scam artists pulled off today!


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Wolf Rainer on February 05, 2014, 08:13:44 AM
Fucking Crypty, i deposited VTC SEVEN HOURS AGO, and still have nothing, my deposits are not showing even at pending, NOTHING!


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: BreadB on February 05, 2014, 08:16:12 AM
I wrote to tech support many times.... and the money came...after 7h


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: XTR on February 05, 2014, 08:16:34 AM
I agree with this.  Not so much as a word from Cryptsy on why this delay is happening.  If the excuse is the coin just came out then it shouldn't have been listed on the site until it was ready to accept deposits.  This is a very unprofessional way of doing business and I will be using one of the many other exchanges to pick from this point forward.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: arielbit on February 05, 2014, 08:17:15 AM
no problem when i used it with moon,tips,btc,ltc in last 3 weeks..

now..my 2 vtc passed thru but not the rest..


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: gonzzo on February 05, 2014, 08:19:05 AM
I am starting this thread in order to expose the unethical conduct in which Cryptsy chose to conduct themselves today right after the introduction of Vertcoin on their exchange (as the price was rapidly rising). It appears as if they intentionally started freezing everyone's VTC deposits so that they could artificially manipulate the price of this coin and allow a "select" few to dump it as it continued rising.   In the process, they screwed many VTC holders including myself by freezing up our deposits and thus stopping us from conducting any trading. Additionally, many of us initially tested our deposits by sending small amounts of VTC into the VTC wallet which all apparently made it through WITHIN MINUTES and only after we attempted to deposit the rest of the balance, did they freeze our VTS. As of this moment (10 HOURS), our deposits have STILL HAVE NOT made it into our VTC Wallets in Cryptsy.   >:( >:(


As a result of this, I WILL NOT BE CONDUCTING ANY MORE TRADING at Cryptsy. I am also quite active in the NYC Bitcoin community and will do MY EVERY BEST to bring this unethical behavior to public light and dissuade everyone I know from trading there.   

I urge everyone to do the same and BOYCOTT these scam artists and AVOID using their exchange like the plague!   

Please Please continue to post if you've been screwed over by Cryptsy!!!!  This is the only way to bring attention to the entire CryptoCurrency community of what these scam artists pulled off today!

+ 1 will never use cryptsy again
coinmarket and other trade sites are much better and they have support. YOU HEAR ME crptsy SUPPORT is when you answer tickets !
already tok out all of my funds from cryptsy just waiting for my vtc to show up and pull em off.

jeez feeling better now :)


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: dspair on February 05, 2014, 08:22:44 AM
I've been waiting for 8 hours already.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: jox on February 05, 2014, 08:40:11 AM
Same problem. Bad move Cryptsy, you loose your clients.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: lowstrife on February 05, 2014, 08:52:15 AM
Hate to break your bubble guys, but you never would have sold your coins at 0.015 if they had let deposits go through as they came through. Or 0.01. Only reason it went that high was because a lack of supply.

They did pump the shit out of it though.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: odaxis on February 05, 2014, 08:59:22 AM
the same here.
waiting for my vtc for 5 hour already.
-1 client at cryptsy.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: IL MinaTore on February 05, 2014, 09:22:55 AM
same shit cryptsy this is last trade with this fuckers   8)


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Fastpow on February 05, 2014, 09:24:06 AM
Well my whole account got hacked as stated in another thread too.
Deposited funds were sold right after they were deposited and cashed out immediately.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: YoyodyneSystems on February 05, 2014, 09:28:02 AM
Waiting 9 hours on MEOW and VTC. Test sends went through fine. Then they held the real transfers.

Next time I am leaving the coins on coinedup and wallet. I suggest everyone does the same.
This is like the 10th chance I gave them. Looking forward to new exchanges coming.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: drakoin on February 05, 2014, 09:30:58 AM
Same here, parts of my mining efforts are stuck in nirvana.
Sent x tickets into the helpdesk already.

They cannot not know.

And it's all documented, the block explorer
shows exactly when the money got where.

While my precious is in cryptsy nirvana, I cannot trade with it.

Cryptsy's fault not mine. They hide my money until it's boring to trade with it.


I would really like to know what's going on, there are several possibilities:

It's
(a) a technical problem, or
(b) a jump the queue scam, or
(c) a direct market manipulation.
(d) they protect me from selling now for an undervalued price
(e) a reason that I don't understand.

(f) thieves


Let's have a closer look:

(a) a technical problem
could have well been the reason - but then they had fixed it within an hour or two.
A company like cryptsy cannot afford to not have programmers on standby 24/7.
And by now, they could have 10 people working on it.

We are talking big money that we customers are loosing right now.

CRYPTSY CAN YOU PLEASE PUT MORE AND BETTER PROGRAMMERS ON YOUR PAYROLL.



(b) a jump the queue scam
is not improbable, but would mean that cryptsy is completely corrupt, and can never
be trusted ever again. Either you would belong to that select group that is allowed
to jump the queue, and trade before anyone else does ...

... - or you loose out a lot whenever you use cryptsy.

I would be sad if that were the case, really.

Then: LET ME INTO THAT GROUP PLEASE, CRYPTSY.

But I don't think such a corruption is necessary, just with normal business,
cryptsy can get so incredibly rich that they don't need to play foul games.



(c) a direct market manipulation.

It would be quite clever, actually.

For 6 hours, Cryptsy allows less coins through than are asked for
- the logical consequence is a huge increase in price.

Their gain? As they control the inflow, they can cash-out at the peak.  Clever clever.

The question here is rather: if not, why are they not using (c) *hahahaha*

AS SOME OF US COULD NOT BENEFIT FROM THIS,
PLEASE REPEAT IT IN THE NEXT WEEK.
And friends: Please alert me then, please :-)


If I get my turn, e.g. later on today
- that strategy of hiding my money from myself would actually be in my interest,
as strange as that might sound: Cryptsy is slowing down our dumping,
in order to keep the price up. Thank you, Cryptsy!



(d) they protect me from selling now for an undervalued price
Cryptsy is on my side, and feels with me, and knows how important this will be for me.
And they sense how much more the price will climb today;
and by hiding my money, they protect me from selling prematurely.

Let's just hope that is true.
My guess is the real peak will be at 16:00 GMT.



(e) I don't understand it yet
Then please enlighten me.
I am really curious.



EDIT: What I would never have expected, naive me:
It could be plain and simple, I didn't come up with it, but several others report:

(f) theft.
Someone on the inside of cryptsy is stealing money.
(s)he would get be able to get the private keys of the deposit target address.

So far I have found these reports of theft, allegedly proven by having seen the sum moving through wallets:
#17 https://bitcointalk.org/index.php?topic=449762.msg4948468#msg4948468
#3083 https://bitcointalk.org/index.php?topic=404364.msg4947616#msg4947616
#3096 https://bitcointalk.org/index.php?topic=404364.msg4947959#msg4947959
#3117 https://bitcointalk.org/index.php?topic=404364.msg4948689#msg4948689

But to steal would not make sense, for the same reasons as in (b).
Cryptsy's profit model is better than any shortsighted illegal scam could ever be.



I still hope it's (d).
Or (a) and they invite me to work for them.
Or (b), and they invite me to the priviledged group who can jump the queue :-)


What a fascinating day!

 :)



Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitcerto on February 05, 2014, 09:34:40 AM
Thanks for the heads up. I deposited VTC on Cryptsy to sell about 3 hours ago and nothing has gone through. Transaction has 90 confirms.

I'm hoping this is an explainable technical glitch. I'm also hoping that another, better exchange takes on VTC soon.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: gonzzo on February 05, 2014, 09:50:30 AM
Thanks for the heads up. I deposited VTC on Cryptsy to sell about 3 hours ago and nothing has gone through. Transaction has 90 confirms.

I'm hoping this is an explainable technical glitch. I'm also hoping that another, better exchange takes on VTC soon.

you can use https://www.coinmarket.io/ (very fast deposits and wd) and https://poloniex.com/exchange to trade vtc and other coins
i have good experience with both


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: jox on February 05, 2014, 09:51:54 AM
Same problem. Bad move Cryptsy, you loose your clients.

A more detailed explanation:

My VTC deposit on Cryptsy wallet someone moved right after confirmation through two wallets. I think, I never see coins back. Thank God only 3 VTC.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Revelations86 on February 05, 2014, 10:06:22 AM
The good thing about them being based in Florida is I have many friends who practice law there who may be able to help put together a class action against them.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: leewilson on February 05, 2014, 10:07:00 AM
Traffic is always their excuse and they should know on all new releases to have at least 2 wallets for deposits...and if the volume is to little then scale it back, but whatever you do...do not try and scale up after the fact. That is either ignorance or intentional.  

They added a second wallet to doge with the traffic from the ~250 spike and 12+ hour deposit times so they know how to do it.

You only make a mistake once, after that it is a choice.

Now why would an exchange whose whole business model revolves around getting more users selling and buying prevent that from happening every time there is a major long lived spike in price?

 ???


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Revelations86 on February 05, 2014, 10:09:17 AM
Traffic is always their excuse and they should know on all new releases to have at least 2 wallets for deposits...and if the volume is to little then scale it back, but whatever you do...do not try and scale up after the fact. That is either ignorance or intentional.  

They added a second wallet to doge with the traffic from the ~250 spike and 12+ hour deposit times so they know how to do it.

You only make a mistake once, after that it is a choice.

Now why would an exchange whose whole business model revolves around getting more users selling and buying prevent that from happening every time there is a major long lived spike in price?

 ???

I highly doubt that it was unintentional.  Many people including myself sent a small VTC amount as a test and that went through within minutes but not the rest of the balance. 


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: leewilson on February 05, 2014, 10:10:10 AM
The good thing about them being based in Florida is I have many friends who practice law there who may be able to help put together a class action against them.

Perfect. They need a few real lawsuits.  I do not remember checking a box for a TOS but I would think there was one.  I have not read up on it.

Either way, their deposit window says balances will be available after 6 confirmations.  That is where they f'd themselves.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: leewilson on February 05, 2014, 10:12:37 AM
Traffic is always their excuse and they should know on all new releases to have at least 2 wallets for deposits...and if the volume is to little then scale it back, but whatever you do...do not try and scale up after the fact. That is either ignorance or intentional.  

They added a second wallet to doge with the traffic from the ~250 spike and 12+ hour deposit times so they know how to do it.

You only make a mistake once, after that it is a choice.

Now why would an exchange whose whole business model revolves around getting more users selling and buying prevent that from happening every time there is a major long lived spike in price?

 ???

I highly doubt that it was unintentional.  Many people including myself sent a small VTC amount as a test and that went through within minutes but not the rest of the balance. 

I completely agree...My last sentence was pure sarcasm.  Doge proved that to me.  I will deposit leaf right now and see what happens.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Revelations86 on February 05, 2014, 10:16:10 AM
Traffic is always their excuse and they should know on all new releases to have at least 2 wallets for deposits...and if the volume is to little then scale it back, but whatever you do...do not try and scale up after the fact. That is either ignorance or intentional.  

They added a second wallet to doge with the traffic from the ~250 spike and 12+ hour deposit times so they know how to do it.

You only make a mistake once, after that it is a choice.

Now why would an exchange whose whole business model revolves around getting more users selling and buying prevent that from happening every time there is a major long lived spike in price?

 ???

I highly doubt that it was unintentional.  Many people including myself sent a small VTC amount as a test and that went through within minutes but not the rest of the balance. 

I completely agree...My last sentence was pure sarcasm.  Doge proved that to me.  I will deposit leaf right now and see what happens.



Well don't go depositing a high amount lol


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: leewilson on February 05, 2014, 10:19:27 AM
Traffic is always their excuse and they should know on all new releases to have at least 2 wallets for deposits...and if the volume is to little then scale it back, but whatever you do...do not try and scale up after the fact. That is either ignorance or intentional.  

They added a second wallet to doge with the traffic from the ~250 spike and 12+ hour deposit times so they know how to do it.

You only make a mistake once, after that it is a choice.

Now why would an exchange whose whole business model revolves around getting more users selling and buying prevent that from happening every time there is a major long lived spike in price?

 ???

I highly doubt that it was unintentional.  Many people including myself sent a small VTC amount as a test and that went through within minutes but not the rest of the balance. 

I completely agree...My last sentence was pure sarcasm.  Doge proved that to me.  I will deposit leaf right now and see what happens.



Well don't go depositing a high amount lol

Just 1000 from coinmarket Transaction sent: 2b7440fbf8bdfb7f45c3bb34b9c6249364bce5c42b2253291a4f71b0cd2e3609


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: michaelb87 on February 05, 2014, 11:06:20 AM
No CRYPTSY for me anymore. Screwed me over with a deposit as well. 5 hours waiting already and looking at the comments above I think I'll be waiting at least 5 hours more. Probably gonna lose +- 30% on this transfer. Pff nice work Cryptsy, first time I tried to use them and then this. So first and definitely last time I'll use them!

My prefered exchanges:
BTER: Excellent service, safe and most important SUPER FAST!
CoinedUp: Slow as hell but at least they are honest and no fees :)
BTC-E: Good exchange, unfortunately not a lot of choice in coins.

Don't even bother with Cryptsy, can't understand why they would screw up like this. For some short term money? This bad PR will cost them a lot more I hope.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitbillion on February 05, 2014, 12:00:21 PM
same happened here

fuck cryptsy

im waiting for 10 hours now, i transferred money from coinmarket.io to cryptsy, what a mistake


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: phil92 on February 05, 2014, 12:12:52 PM
Screwed too. VTC deposit stuck for 12 hours now. This is the most obvious market manipulation in a while.
No more trading on that outrageous shitty website for me.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: thorana on February 05, 2014, 12:14:50 PM
waiting here 12 hours,and still no deposit...


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bumblebeeman on February 05, 2014, 12:15:00 PM
11 hours, 350 confirmations and waiting. Fuck you Big Fat Fucking Vern.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: kuchini on February 05, 2014, 12:25:43 PM
6 Hours on a leaf Deposit. It hasn't even shown up as pending.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitbillion on February 05, 2014, 12:28:53 PM
lets sue cryptsy!!!


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: zackclark70 on February 05, 2014, 12:32:03 PM
have you considered someone might have been sending loads of small tx to cryptsy and it jammed up the wallets ?


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitbillion on February 05, 2014, 12:33:35 PM
its not cryptsy its cuntsy- bitch ass mothafuckas, lets bring them down


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: forzendiablo on February 05, 2014, 12:38:41 PM
guys they DO have a problem. send DOGE there and u will see.
support of cryptsy was more than helpful with the pendings.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitcerto on February 05, 2014, 12:39:06 PM
11 hours, 350 confirmations and waiting. Fuck you Big Fat Fucking Vern.

This is getting out of hand.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: kdrop on February 05, 2014, 12:40:06 PM
EXACT SAME thing happened with KITTEH today.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: DartCl on February 05, 2014, 12:41:04 PM
8 чacoв oжидaния a мoи мoнeты (VERT и CASH) тaк и нe пocтyпили нa этy биpжy. Caмaя плoxaя тopгoвaя плaтфopмa из вcex cyщecтвyющиx.
Я нe вepю чтo Crypsy имeeт мeньшe тexничecкиx вoзмoжнocтeй чeм coinmarket.io или coinedup для тoгo чтo бы oпepaтивнo зaчиcлять нaши дeпoзиты. Peбятa cкoppe вceгo иcпoльзyют нaши мoнeты.

Пocлeдний paз пoльзyюcь ycлyгaми дaннoй биpжы!


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Toxicity on February 05, 2014, 01:05:08 PM
have you considered someone might have been sending loads of small tx to cryptsy and it jammed up the wallets ?

http://t-ut.obi.vg/chain/Vertcoin?count=2016&hi=29949

No blocks with > 120 transactions.

It seems like total market manipulation to me. This can't be legal.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: gonzzo on February 05, 2014, 01:09:59 PM

lol i just receive a answer on my ticket.

they ask me about the transaction details which I already postet with the ticket

*shakes head* can't belive this ....


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitbillion on February 05, 2014, 01:12:03 PM
buy as much vertcoins on coinmarket.io right now because noone from cryptsy can sell therefore market will soar

sell when you hear vertcoins are beeing released


its a scam not more, and thats how you can benefit from it


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: RooKIED on February 05, 2014, 01:33:47 PM
Don't sweat it guys. Price is going up, difficulty is climbing like hell. 108 atm, ATH.
Don't get me wrong, Crypsty has no excuse, it's terrible I'm not defending them. But there's no reason to lose the patience especially when things are looking good.
I don't think it's a scam, the guys added the coin the same day and I guess they rushed it.
I'm sure the coins will eventually show up and you will be better holding them then too. You would have definitely regretted panic selling on the way down to 080s and you will probably regret if you sell at current price with the coin flourishing and a weak orderbook.
Cheer up, VTC is #11 on coinmarketcap, it's getting loads of attention to miners, investors and traders. You'll see.
My 2 cents.

ps: I'm stuck in the cryptsyloop too :P.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: dspair on February 05, 2014, 01:37:14 PM
Looks like they fixed their thing, only took... 13 hours?


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: arielbit on February 05, 2014, 01:38:29 PM
my coins are ok now...when i mined sexcoins back then i had the same problem,its more than 24 hr waiting but the coins did get through


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitbillion on February 05, 2014, 01:39:22 PM
it actually took less than an hour to transfer vetcoins from coinmarket.io to cryptsy

started panicing for no reason

good job cryptso- sorry about cuntsy


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: michaelb87 on February 05, 2014, 01:48:40 PM
Finaly my VTC arrived. Selling them immediately, happy with my 400% profit. Now let's dump this coin and buy back at .5


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: jox on February 05, 2014, 01:59:02 PM
Same problem. Bad move Cryptsy, you loose your clients.

A more detailed explanation:

My VTC deposit on Cryptsy wallet someone moved right after confirmation through two wallets. I think, I never see coins back. Thank God only 3 VTC.

I look now on my Cryptsy balance and my 3 VTC is back. But i don't know what their are doing, because my original VTC Cryptsy deposit address was not charged back. Weird game from Cryptsy.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: dotnetmin on February 05, 2014, 02:17:12 PM
Craptsy let all incomming coin free at one point,  so price crahshed 40%.

They are palying with as all as hell. Nobidy should use them longer.

I AM MORE SATISFIED WITH WAITING AND WAITING FOR COINEDUP THAN THESE SCAMMERS


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitcerto on February 05, 2014, 02:23:32 PM
Don't sweat it guys. Price is going up, difficulty is climbing like hell. 108 atm, ATH.
Don't get me wrong, Crypsty has no excuse, it's terrible I'm not defending them. But there's no reason to lose the patience especially when things are looking good.
I don't think it's a scam, the guys added the coin the same day and I guess they rushed it.
I'm sure the coins will eventually show up and you will be better holding them then too. You would have definitely regretted panic selling on the way down to 080s and you will probably regret if you sell at current price with the coin flourishing and a weak orderbook.
Cheer up, VTC is #11 on coinmarketcap, it's getting loads of attention to miners, investors and traders. You'll see.
My 2 cents.

ps: I'm stuck in the cryptsyloop too :P.

I like that way of looking at it! VTC is definitely doing great, this is just a mild setback. Hell, it generated buzz. VTC shut down an exchange.

Also, my deposit cleared, but my withdrawal is not going through. I guess I'm not the only one trying to get their coins out.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: vauhoa on February 05, 2014, 02:27:54 PM
Did Exactly the same with DOGE.
In Fact they sell you numbers only and do not possess any in stock, So how can you trade what you DON'T have???
Freeze and post a message telling that the massive trade hiccup the server b*llsh*t!!! Yes BOYCOTT Those Crooks!


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: romerun on February 05, 2014, 02:33:58 PM
so you guys are missing the dump and angry?


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: drakoin on February 05, 2014, 04:26:54 PM
My guess is the real peak will be at 16:00 GMT.

Didn't I say so?  That was pretty precise.

And shortly after, miraculously my VTC appeared in cryptsy.

After they had been hidden for 1/3 rd of a day.
I haven't exactly counted my losses yet, but they are substantial.

Now if you want to go back to my posting #14, and choose which explanation was the correct one (https://bitcointalk.org/index.php?topic=449762.msg4948202#msg4948202).

I still don't know.



Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: MsCollec on February 06, 2014, 01:15:40 AM
they delayed my leafcoin deposit too, coinmarket.io is a better alternate to cryptsy


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: drakoin on February 06, 2014, 01:37:53 AM

and another thread, same stories:

https://bitcointalk.org/index.php?topic=449356.20


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: crippimp123 on February 06, 2014, 04:38:29 AM
if someone sold like 5 btc worth of VTC on crapsy right now, that would crash the whole market. lel


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Revelations86 on February 06, 2014, 05:01:23 AM
I finally got my coins as well. It still does not excuse them for manipulating the market so they can send the price soaring.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: h4xX0r_1337 on February 06, 2014, 06:43:38 AM
OMG.

As soon as my VTC are there I'll withdraw them to another exchange. IDIOTS!

BEWARE!

EDIT: As "soon"...  ::)

EDIT2: Or I'll just keep em...
First compiling the wallet did take 2 days (My first "save" laptop didn't have enough RAM, second first needed a clean install).
Now this cryptsy thing guess I should keep em  :D.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: reasen on February 06, 2014, 11:03:56 AM
-1 client
waiting +5 hours my deposit and nothing


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: scriptio on February 06, 2014, 05:59:02 PM
I suffered the same fate too... And I had a lot of over 800 VTC transferred from coinedup which came in so much later that by then the price had halfed! Cryptsy ought to pay attention to this kind of happenings.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: zeuzzz on February 06, 2014, 06:03:32 PM
Even a bitcoin transfer took nearly 24 hours for me once, had 160 confirmations but did not show up in my wallet for till 24 hours after the first 6 confirmations. I think these things just happen.

Though it is suspicious these things tend to happen to a lot of new popular coins at cryptsy on a regular basis.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitluryz on February 07, 2014, 08:46:38 AM
Sent only 30 vtc to Cryptsy in order to check if the problem is fixed... 13 hours after.... nothing


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: dsergeevich on February 07, 2014, 04:37:07 PM
cryptsy is shity


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: LucD88 on February 07, 2014, 04:47:39 PM
Same here, parts of my mining efforts are stuck in nirvana.
Sent x tickets into the helpdesk already.

They cannot not know.

And it's all documented, the block explorer
shows exactly when the money got where.

While my precious is in cryptsy nirvana, I cannot trade with it.

Cryptsy's fault not mine. They hide my money until it's boring to trade with it.


I would really like to know what's going on, there are several possibilities:

It's
(a) a technical problem, or
(b) a jump the queue scam, or
(c) a direct market manipulation.
(d) they protect me from selling now for an undervalued price
(e) a reason that I don't understand.

(f) thieves


Let's have a closer look:

(a) a technical problem
could have well been the reason - but then they had fixed it within an hour or two.
A company like cryptsy cannot afford to not have programmers on standby 24/7.
And by now, they could have 10 people working on it.

We are talking big money that we customers are loosing right now.

CRYPTSY CAN YOU PLEASE PUT MORE AND BETTER PROGRAMMERS ON YOUR PAYROLL.



(b) a jump the queue scam
is not improbable, but would mean that cryptsy is completely corrupt, and can never
be trusted ever again. Either you would belong to that select group that is allowed
to jump the queue, and trade before anyone else does ...

... - or you loose out a lot whenever you use cryptsy.

I would be sad if that were the case, really.

Then: LET ME INTO THAT GROUP PLEASE, CRYPTSY.

But I don't think such a corruption is necessary, just with normal business,
cryptsy can get so incredibly rich that they don't need to play foul games.



(c) a direct market manipulation.

It would be quite clever, actually.

For 6 hours, Cryptsy allows less coins through than are asked for
- the logical consequence is a huge increase in price.

Their gain? As they control the inflow, they can cash-out at the peak.  Clever clever.

The question here is rather: if not, why are they not using (c) *hahahaha*

AS SOME OF US COULD NOT BENEFIT FROM THIS,
PLEASE REPEAT IT IN THE NEXT WEEK.
And friends: Please alert me then, please :-)


If I get my turn, e.g. later on today
- that strategy of hiding my money from myself would actually be in my interest,
as strange as that might sound: Cryptsy is slowing down our dumping,
in order to keep the price up. Thank you, Cryptsy!



(d) they protect me from selling now for an undervalued price
Cryptsy is on my side, and feels with me, and knows how important this will be for me.
And they sense how much more the price will climb today;
and by hiding my money, they protect me from selling prematurely.

Let's just hope that is true.
My guess is the real peak will be at 16:00 GMT.



(e) I don't understand it yet
Then please enlighten me.
I am really curious.



EDIT: What I would never have expected, naive me:
It could be plain and simple, I didn't come up with it, but several others report:

(f) theft.
Someone on the inside of cryptsy is stealing money.
(s)he would get be able to get the private keys of the deposit target address.

So far I have found these reports of theft, allegedly proven by having seen the sum moving through wallets:
#17 https://bitcointalk.org/index.php?topic=449762.msg4948468#msg4948468
#3083 https://bitcointalk.org/index.php?topic=404364.msg4947616#msg4947616
#3096 https://bitcointalk.org/index.php?topic=404364.msg4947959#msg4947959
#3117 https://bitcointalk.org/index.php?topic=404364.msg4948689#msg4948689

But to steal would not make sense, for the same reasons as in (b).
Cryptsy's profit model is better than any shortsighted illegal scam could ever be.



I still hope it's (d).
Or (a) and they invite me to work for them.
Or (b), and they invite me to the priviledged group who can jump the queue :-)


What a fascinating day!

 :)


Damn nice analysis, I couldn't agree more on everything you said.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: mfpowernl on February 07, 2014, 07:56:42 PM
Just go to bter.com perfect trading site! And today the VERT is also live there !!


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Rantzbitz on February 07, 2014, 10:31:37 PM
New article about Cryptsy's shady moves and this thread! bitcoinbarbie[dot]com


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: thunder04839 on February 08, 2014, 03:55:57 PM
I put my only 1.3 vert in crypsy and it never showed up at all.  I got tucked out of the only amount I was able to mine.
Vk6JYjxTybVihBfNUpvRyrXo3rHCwG3f9E
Check my wallet for yourself.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: noganoo on February 08, 2014, 04:28:44 PM
I've been saying this for a week now... Let's boycott Cryptsy.. clearly they are incapable of running an exchange of this size so let's help them downsize!  I've been waiting for an answer from tech support for over a week on my issue.. No response.. They can not be trusted.  Last week it took me over 12 hours to transfer some DogeCoins to Cryptsy.  Worst exchange ever.  Nobody ever available in the IRC help channels.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: CycleSurfer on February 08, 2014, 10:29:43 PM
Over 12 hours waiting for my VTC to arrive.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: forzendiablo on February 09, 2014, 03:14:27 AM
lets see when they add SUN if this happends too


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Velocd on February 09, 2014, 04:45:32 AM
I am sitting at 24 hours for my 6 VTC deposit...fucking shit site.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: xref on February 09, 2014, 08:04:17 AM
same thing happened to me, my deposit was pending, for almost a 8 hours, 3 support tickets without a reply, at the end did send my last ticket, informing them, that this is my last ticket to send about this case, from this point ill have to forward my case to my lawyers, and ill make sure that you will pay me every cent i lose because of this unexpected delay without any kind of warning from your side about pending queue or being informed prior deposit about pending estimate time, and magically the newly created ticket got a replay within an hour, faster than previous 3 tickets, and received right away my deposit with an apologies from them, isn't cryptsy people are so nice? .... NOT
my prediction is

they recieve your 100 coin, they sell it at price of 0.014 for example, they make 1.4btc, then when price go to 0.008 they buy you a 100 coin for 0.8btc, and deposit it for you, YAY
i believe they are making money out of your asses, BECAUSE, there is no tracking system like block explorer to what ACTUALLY happen to the coins while they are inside their website. transactions inside exchange site dosn't require confirmation when you buy and sell, no coins move from wallet to other, its all on their data base.
pending stage might mean "cryptsy owner balance"


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: downwithopp on February 09, 2014, 07:01:17 PM
I have been waiting for my vert coins to "show up" on Cryptsy as well. It has been over 30 hours now and either Cryptsy is a TERRIBLE and Incompetent service provider or they are criminally manipulating the market. The only reason I can fathom that they are just incompetent is that they are not the only game in town and they are seriously damaging their brand and customer trust.

I sent them 3 increasingly angy "support" requests and each came back with the same replay stating...

VertCoin (VTC) is under maintenance. It will return soon and deposits will then go through.
Sorry for the delay and thank you kindly for your patience.

Sincerely,
Stephanie
Cryptsy.com

* * Check out whats new at Cryptsy by visiting our new blog at http://blog.cryptsy.com/ !!


It is funny that they have not posted this maintenance issue anywhere on their site, twitter or their blog. Needless to say, my confidence is shattered and I will be removing all my holdings from their site pronto! I suggest anyone else with even a flickering sense of self preservation do the same. There are plenty of competitors - bter, coins-e, coinmarket.io etc..

In closing I say to Big Vern - GO F*CK YOURSELF.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: johliks on February 10, 2014, 12:12:56 AM
They do this when the volume is extremely low, essentially locking you in/out. I informed them and heard nothing.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: barryzand on February 10, 2014, 01:02:29 AM
what else is new man? cryptsy does that with every launch... sometimes you get lucky to join in on the pump.. sometimes you dont....

i know its not fair.. and certainly not the right thing to do... But its still the biggest altcoin exchange out here... so unless you write an article in the fucking newyork times or something... this aint gonna help... and bigvern is getting an even bigger hard on by reading this... ;)


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: regmann on February 10, 2014, 10:45:41 PM
they did this whit doge leafe cash and all other coins the added in the last months

holding deposits back to make price rize ( and prob selling early bought coins @ other exchanges themselves for inflated prices ) then after they sold all for max profit they open the floodgate,s and prices crash LOL

traced the last coins added + time of announcement ( as u can see the buy volume ) was high on all coins

And before they announced it the price already shot up a lil ( then exploded )

https://i.imgur.com/fatIHji.jpg (http://imgur.com/fatIHji)

as alwase every one will say this proofs noting

and they only add coins whit high volume ( witch is not true )

but up to u all :)


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: chunkyjunkie on February 11, 2014, 11:54:01 AM
They are doing this with many coins.  They do it from time to time with Doge and do it with Cash Coin etc... basically any coin where stopping the selling pressure will allow for a nice price spike.  They also will answer support emails very quickly for coins where they are not currently running the fix trade.  If the coin is in a fix trade for them they ignore the support cases for 8 hours+ for the coin you are talking about until they release everyone's coins all at once to create a drop for them to buy back into.

BTW you can't currently get btc out either like gox.  They are saying internal server error... hope it doesn't last.

I wanted to pour a lot more money into cryptostocks in crypsty but no way in H E double hockey sticks now.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: forzendiablo on February 11, 2014, 05:33:45 PM
i got so mad today on cryptsy for holind for 24h my deposits that i moved to bter [this link gives 10% discount on trade fees! (https://bter.com/ref/156356)]

lets all move


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: fire6113 on February 13, 2014, 07:33:25 AM
they did this whit doge leafe cash and all other coins the added in the last months

holding deposits back to make price rize ( and prob selling early bought coins @ other exchanges themselves for inflated prices ) then after they sold all for max profit they open the floodgate,s and prices crash LOL

traced the last coins added + time of announcement ( as u can see the buy volume ) was high on all coins

And before they announced it the price already shot up a lil ( then exploded )

https://i.imgur.com/fatIHji.jpg (http://imgur.com/fatIHji)

as alwase every one will say this proofs noting

and they only add coins whit high volume ( witch is not true )

but up to u all :)

LMAO at this omg gave ya a tip you can work out what cry are going to list as new coins before they are made known anyone can see this information it just a matter of working out how you work out what they are going to list ........    A lot of people have worked this out in time how to work out what they are going to list etc you should play more att to your address bar and try a few things ;)    Ps not going to tell you what to do etc but as can be seen in them graphs alot of smart cookies have worked out the same thing and what coins will be listed next etc.....



Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: fruitsdemers on February 16, 2014, 02:14:58 AM
Dod gamnit, I just found this thread after trying to figure out what the hell happened to my VTC deposit that went through hours ago and it explains everything. If anyone needed an update, it's still not fixed.

Any pitchfork and torch package seller around here that takes crypto that's not VTC? because, you know... all my VTC is stuck in this bloody scam of a website now!


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Sinyk7 on February 19, 2014, 06:08:38 PM
All of my coins I have mined have arrived over the past few weeks, none have gone missing. I'm not in a rush to dump them like some people apparently.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: KaozTiposta on February 19, 2014, 06:15:02 PM
All beginners will taste the cryptsy shit.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: cryptohead on February 19, 2014, 10:10:09 PM
Their behavior is not exclusive to VTC.
Exactly the same scenario happened with DOGE.
I had my deposit stuck in no man's land for 48 hours, time enough for the selet few to pump the market and dump their coins. By the time they have unlocked my deposit and credited my account, the market crashed by about 50%.

Good inside job.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: TECSHARE on February 20, 2014, 07:03:37 AM
This was done to Infinitecoin, TWICE. They suspended trading at 2 all time highs in a row and allowed the API trades to continue, knowing the web interface users had no access to clear their order books while their API users looted the orders. I made this extremely clear to them BOTH TIMES in their public chat (when they still had one) and eventually got banned for not being satisfied with their empty PR reply. Once I get everything out of there I wont be back. Let this be a warning to everyone who thinks they are going to make some money on Cryptsy. What good is it if you can't ever get it out?


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: c1010010 on February 26, 2014, 05:30:42 PM
With the recent problems at MtGox, I think it is clear that man of us have been too trusting in exchanges.

Cryptsy is acting in a way that is not beneficial for its users... and since that should be their primary reason for existing... they are failing.

Goodbye Cryptsy.

There are better exchanges out there.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Bitrageous on February 26, 2014, 07:33:09 PM
With the recent problems at MtGox, I think it is clear that man of us have been too trusting in exchanges.

Cryptsy is acting in a way that is not beneficial for its users... and since that should be their primary reason for existing... they are failing.

Goodbye Cryptsy.

There are better exchanges out there.
Would you mind naming some other good exchanges?I know of Btc-e and Mintpal but I haven't used neither.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: c1010010 on February 26, 2014, 08:23:48 PM
My preferences are, in order:
  • https://coinex.pw/trade
  • https://bter.com/
  • https://btc-e.com/


With the recent problems at MtGox, I think it is clear that man of us have been too trusting in exchanges.

Cryptsy is acting in a way that is not beneficial for its users... and since that should be their primary reason for existing... they are failing.

Goodbye Cryptsy.

There are better exchanges out there.
Would you mind naming some other good exchanges?I know of Btc-e and Mintpal but I haven't used neither.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: EtBIM on February 28, 2014, 03:50:57 PM
I made a deposit of 100 VTC yesterday to cryptsy, then after waiting some minutes i read this thread and started regretting, but luckily the deposit was processed within an hour so it was not that bad.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: romneymoney on March 03, 2014, 08:49:43 PM
Registered to say that I am sitting on 0 confirms all day trying to deposit a very small amount of AUR

https://i.imgur.com/8babKVI.jpg

 >:(


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: thevinci on March 05, 2014, 04:39:04 AM
How can you trust bter.com? They got hacked did they not?


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Himself on March 05, 2014, 11:44:06 PM
Use CoinMKT.  No crap coins and USD. 


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: bitcoingonemad on March 10, 2014, 08:58:50 AM
i deposited 0.95 aur coin traded it up to 1.05 aur only last night
then everything disappeared out of my account
so i contacted support
i was told

Thank you for contacting us about this issue.
I audited your account. I was able to locate your coins and have placed it in your account balance.

AuroraCoin:0.00000000->1.04586556


but what was actually put into my account was 0.041 bitcoin

i would not mind to much but in the mean time aur went up from 0.04000000  to 0.04700000

so if i try and buy back my aur coin 0.89541114 less than what i put in in the beginning

when did cryptsy automatically make trades for people all i want is my coin back i know its not a lot .  im glad it was not

i have emailed support again and im waiting to hear the outcome i will keep u informed


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: D05GTO on March 12, 2014, 02:48:04 PM
Should try an Honest Exchange.  https://www.atomic-trade.com


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: o3u on March 14, 2014, 05:05:25 AM
Cryptsy screwed me over on the CENT market in december, stealing 740 XPM from me.

They have been doing nothing but chasing me to give the same wrong explanation for the bug.

They are vulnerable to much worst attacks, and if they haven't yet fallen to them (hiding it like gox did), they will soon.



Get out of cryptsy, and beware of scams and scamartists ( Bitjohn, Bigvern, everyone involved directly with cryptsy).


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: regmann on March 16, 2014, 06:35:44 PM
Cryptsy screwed me over on the CENT market in december, stealing 740 XPM from me.

They have been doing nothing but chasing me to give the same wrong explanation for the bug.

They are vulnerable to much worst attacks, and if they haven't yet fallen to them (hiding it like gox did), they will soon.



Get out of cryptsy, and beware of scams and scamartists ( Bitjohn, Bigvern, everyone involved directly with cryptsy).

in the time u could be in debt @ craptsy really easy ( and had a audit butten )

wen the server lagged u could oudit your acc ( nexst audit was on a 10 min delay ) sell endless amounts of 1 type of coin ( sell cancell sell cansell ) selling into the buy book )

and then pull the btc out fast before the audit hit again ( so your whit-drawl was not blocked )
 this was done by many ( including me on a new acc yest to get out of debt ) i did not steal just took the btc back the owed me for debt scamming me

after some one made a post on here how to do it ( the removed the audit butten ) :)

i wonder how mutch btc they have lost in total due to this :)


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: regmann on March 16, 2014, 06:39:17 PM
they did this whit doge leafe cash and all other coins the added in the last months

holding deposits back to make price rize ( and prob selling early bought coins @ other exchanges themselves for inflated prices ) then after they sold all for max profit they open the floodgate,s and prices crash LOL

traced the last coins added + time of announcement ( as u can see the buy volume ) was high on all coins

And before they announced it the price already shot up a lil ( then exploded )

https://i.imgur.com/fatIHji.jpg (http://imgur.com/fatIHji)

as alwase every one will say this proofs noting

and they only add coins whit high volume ( witch is not true )

but up to u all :)

LMAO at this omg gave ya a tip you can work out what cry are going to list as new coins before they are made known anyone can see this information it just a matter of working out how you work out what they are going to list ........    A lot of people have worked this out in time how to work out what they are going to list etc you should play more att to your address bar and try a few things ;)    Ps not going to tell you what to do etc but as can be seen in them graphs alot of smart cookies have worked out the same thing and what coins will be listed next etc.....



look @ the volume b4 the red line and after ( after the red line is wen the coins where anaunced / it was clear wen it was gonne be added )

also i am hearing word about GLOBE getting added to craptsy soon ( end of month ) witch will use the same sceme ) 
we will seee


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: BitOnyx on March 18, 2014, 12:05:00 PM
Well i wonder when people would finally start to think on they own. Some of those actions are not only unethical...

Hope people would finally learn


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: gustav on March 20, 2014, 01:09:47 AM
i was caught in these past events the thread refers to. Cryptsy cost me that day a fortune with this.

Now today i wanted to deposit in the recent rise some vtc. And surprise. Cryptsy doesn't do it. I am sure those coins will show up when the price is down again.
Coins i sent to 3 other exchanges are already sold while at cryptsy i am still waiting for it because the deposit is probably intentionally shut down again so vern could better pump and dump the vtc himself. Avoid that shop.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: anyone4u on March 20, 2014, 03:19:46 AM
yep see other post about cryptsy on this forum, there are many.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: forzendiablo on March 21, 2014, 02:45:53 AM
cryptsy doesnt even hav SUN added
i skip this bastards


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: uteroulin on March 22, 2014, 04:41:27 PM
CRYPTSY cannot be trusted. Let's boycott them!


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: kennyss on March 25, 2014, 12:35:46 PM
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Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: faninasir on May 14, 2014, 11:52:41 AM
CRYPTSY cannot be trusted. Let's boycott them!
true that ,, did it a long time ago ,,


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: BitOnyx on May 15, 2014, 05:35:37 PM
CRYPTSY cannot be trusted. Let's boycott them!
true that ,, did it a long time ago ,,

really? me too..i even created new exchange to do that  ;D


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: 103deltafox on May 17, 2014, 09:21:38 PM
CRYPTSY cannot be trusted. Let's boycott them!
true that ,, did it a long time ago ,,

really? me too..i even created new exchange to do that  ;D

LOL...

I recently had a nightmare 9 day withdrawl of NXT from them....needless to say their "reasons" were the same as the OP's...
Seems like nothing has changed in months... ::)


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Zer0Sum on May 18, 2014, 05:53:31 PM
CRYPTSY cannot be trusted. Let's boycott them!

Their trade reporting is comical...
And, considering all the sexy noises about "registration", totally illegal in the USA...
Because it's impossible for a reasonable person to do their taxes based on Cryptsy "reporting".

Last 200 trades/50 trades with no download option? oh really? For alt trading?

Cryptsy trades are ultra-fragmented due to heavy API use...
So a tiny 0.01 BTC order for any given alt can end up being 20 micro trades...
There is no reasonable way to reconcile anything... seeing a trade from a week ago for me is impossible.

This is deliberate. These people know exactly what they are doing.

The 0.2 and 0.3% fees are a pittance, maybe < $500/day...
The ONLY real money and Business Model = Listing Fees and Market Manipulation.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: forzendiablo on May 19, 2014, 01:36:13 AM
they also added lately soem coins 'quiet way' withotu any ANN so the ycan get more.
look at LGD DIME - added with 0 news.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: tspacepilot on May 19, 2014, 07:51:07 AM
Yeah, all this new info has really held me back from getting into altcoin day trading.  I think it would be fun and educational but I sorta feel like I'd end up playing the dupe.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: ovidiu26claudiu on June 15, 2014, 02:22:58 PM
I waited more than 60 hours to withdraw from CRYPTSY year VTC was lied to 3 admins to wait I'll get the shield for the wallet team working on it and when I asked the chat what happens to my money I got ban on chat
I consider theft and have already made a complaint to police in florida what I suggest you do all that you have been duped.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: TECSHARE on June 16, 2014, 01:19:56 PM
I waited more than 60 hours to withdraw from CRYPTSY year VTC was lied to 3 admins to wait I'll get the shield for the wallet team working on it and when I asked the chat what happens to my money I got ban on chat
I consider theft and have already made a complaint to police in florida what I suggest you do all that you have been duped.

BURNED BY CRYPTSY?

PUSH BACK
https://bitcointalk.org/index.php?topic=436149.0


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: TheORBlord on July 31, 2015, 05:32:06 PM
I have a horror story to tell,
but I'll give them another 24h before telling it.

needless to say it involves $400 worth of cryptocurrency and a locked account.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: TheORBlord on August 01, 2015, 05:02:21 PM
My issue with Cryptsy got resolved in a fairly prompt manner,
and my account didn't have $400 was $600 so nice bonus for me lol.


Title: Re: BEWARE OF CRYPTSY MANIPULATING NEW COINS- VERTCOIN SCREWJOB!!
Post by: Luqman on August 17, 2015, 04:19:21 PM
Cryptsy just piece of shit exchange, I suggest you to "avoid" cryptsy, they just want to kill altcoin with some issue just like the OP said..