Bitcoin Forum

People are reporting frozen and missing funds. All markets seem to be borked. Is this the "We Got HaXX0Red" stage for Cryptsy?

Edit to add a recent tweet from BV:

https://i.imgur.com/W45jWtP.jpg

He says they are installing new hardware. I quit using this exchange that openly is engaged in the Paycoin scam, what are people still using Cryptsy seeing?

Pipe down dude. Nobody seems to be hacked. These things happen and they always fix it.

Without Cryptsy, all we have are Chinese exchanges which are not really convenient for the westerners. Also, there is only one person behind Paycoin problem, Homero Garza, and he s out of the picture.

Weird shit happens on an exchange, order books borked, negative balances, withdrawals stopped, all with no advance warning and with different excuses given by the people who are running it and who have every reason to deceive you, and you believe them. I don't.

Homero says he is no longer part of the massive fraud scam he created and you believe the word of a brazen habitual liar who has every reason to lie to you. I don't believe him.

Why are people so easy to fool? Is it the Rat Poison in the water?  ???

These things will continue to take place as long as people stick to real time exchanges. It is Mt. Gox, Bitstamp, Cryptsy ...the story goes on. It is high time people understand the danger of these exchanges and shift to far safer direct trading ones like www.LocalBitcoins.com or even more safer alternative like www.100bit.co.in, as it does not require bitcoin to be deopsited in site wallet.

i doubt they are far safer, i read about story of people buying account(they can be sold apparently) on localbitcoin and then use those to scam people, take advantages of the numerous feedback

Something I posted in the GAW/Paycoin scam thread. It is openly acknowledged that Cryptsy is involved in the Paycoin scam, but whether they are manipulating price and volume on their own exchange is yet to be proven. Customers have not been able to make trades on Cryptsy for several hours now, and yet Bot trades continue on. My guess is that these must therefore be operated by the exchange itself.

Not the first time Cryptsy goes on a site-wide maintenance :)

Is this an example of your "Freelance Writing"?

What is the "cold wallet address" of Cryptsy? According to walletExplorer is :

- https://www.walletexplorer.com/wallet/Cryptsy.com/addresses

but I think they have another address with a lot of coins (only to check if something is wrong , however I do not think the site was hacked and bitcoin were stolen).

Trading seems to be working again.

"Something" happened. Crash/Hack-etc. The "hardware swap" excuse was tossed out after things went haywire. You would think that if they planned on being down while swapping gear it would be announced ahead of time, so that people could pull open orders and such.

Mr. Revere has a legitimate bone to pick with Cryptsy, because of their involvement in the Paycoin scam, you see. But he ought to know perfectly well there was no hack. This is just how Cryptsy works operates is.

There is also the detail of Cryptsy holding a public poll to decide the fate of the Paycoin Prime Controller they were "given" which I won and then they refused to make good on the deal.  ;)

What are you attacking him for?

Having being around for sometime and dealt with various exchanges, Cryptsy seems to be the most reliable. Sure, they can be immensely frustrating at times and also cause losses on potential gains, but I never had a Satoshi missing from there.

I do not see an attack anywhere. Not sure what you were trying to imply.

Also: Cryptsy is openly involved in the ongoing Paycoin scam. If an exchange being directly involved with coins that it lists (ESPECIALLY brazen fraud schemes like Paycoin) does not bother you then go right ahead and put your coins there. It isn't like an exchange could manipulate the price of coins to promote scams or engage in naked shorting of coins using customer deposits or anything.  ::)

This is why I always suggest to don't keep own coins on an exchange ;).



I didn't know this thing, but at the end it is your decision (in general) to trust an exchange... personally I can't hold or keep my bitcoins on an exchange for more than 1 hour (it is so risky).

Wtf is going on? Is that sketchy message the only awayable info?

Best of luck to everyone with altcoins left on Cryptsy.

lots of FUD from mr Revere. Ive been trading on cryptsy for some months now and they fix their problems pretty fast. im sure there will be an official statement but they had a hardware malfunction today and it took some hours to get that fixed. after that they had to do audits on all accounts and handle the individual problems. almost everything is back to normal now except the withdrawals and deposits. look at things from the brightside, new UI is coming on cryptsy along with some server upgrades etc. things can only get better.

"Things can ONLY get BETTER?" That is without a doubt the stupidest thing I have read today. Shill harder, bro.

so much thud going around when people see upgrades being made post total opposite and smack talk saying sites down it been hacked.

The only thing I see funny is 5 deposits made to my account for TRC on the 14th that I never deposited on account before and where only just recently done. I  don't have much in Cryptsy anyway so if it goes tits up am not at a loss. Maybe the deposits where missing or in loom or come from some old accounts or mining sites but to be honest am not really bothered as its little satoshis for me on it.

Upgrades that require service interruption are announced before they occur. This event was not, and yet Cryptsy announced after the exchange went haywire that it was an upgrade. Either they are lying about it being an upgrade, or they are incompetent idiots who would not warn customers before stopping service. Believe what you like.

We were not hacked. We had a redis server go put on us and was returning some bad data. We added some additional checks to make sure that wont happen again. As well as replacing the server. Still working on cleaning some things up. But there was no hack and customers funds are safe.

I shut down all of our wallets until the issue was resolved

With all the backlash cryptsy has received from us lately I'd understand why they wouldn't want to announce site-wide maintenance prior to it happening. How would that stop people like you spreading fud? For an exchange that has never been reportedly hacked, I'd say that Cryptsy is on a pretty good standing.

This issue seems to have been resolved. People can believe what they like.  Thread locked.