He also was the original Dread Pirate Roberts, which Ross Ulbricht ended up inheriting. Now the FBI has ordered the Thai authorities to put him under arrest. So it could be that he's made some kind of deal between then and now to cooperate and make it easier for him. Or maybe he just wasn't laying low enough and they eventually caught up with him.

Buy low sell high?

I think anyone can profit from buying and holding pretty much any of the major alt cryptocurrencies for a few years. Some will obviously gain more than others, but overall I believe all of the major players will see their value increase. It may take the industry a year or two to get its legs back under it but it will happen. It would suck to miss the ride, so I am buying all coins I think will be more valuable in the future with 15% of every pay check. Nxt is one of those coins I think will be around for a long time, as they stay on the bleeding edge of cryptocurrency development.

I am currently in Bitshares and Bitcoin/Gold/Silver derivatives on the Bitshares chain. I want to expand into Storj/Maidsafe/Siacoin/Monero/Nxt/Ethereum in the coming months. Too bad I can't buy Bitshares derivatives for these coins... I love the simplicity of storing all cryptos in the Bitshares client with no counter-party risk.

i havent had any issues with cryptsyas far as alts go, i just withdrew dogecoindark and it worked fine.

scared to try depositing/withdrawing btc though...

they're probably having an issue, but i think many people are blowing it out of proportion...

plus, large btc withdraws should be scrutinized by all exchanges, for security purposes.

Anonymous user of the controversial bitcoin exchange Crypsy known as Thrillhou has filed a lawsuit against the Cryptsy team, for allegedly manipulating cryptocurrency accounts, user funds and illicit use of personal information including the Social Security Number (SSN) of users.

“About this time, I was also receiving private messages about Cryptsy using account verifications as phishing material, and I had personally been told by Cryptsy that they thought my SSN was incorrect, revealing/strongly suggesting/indicating their attempt to use my SSN illegally,” Thrillhou stated on a forum.

However, over the past few months, the exchange has received an increasing number of complaints from users on bitcoin forums including bitcointalk and bitcoin reddit.

Cryptsy users including LeChatNoir, ThrillHou, and Kn_os experienced similar problems with their accounts – the Cryptsy tech support team asked their users to change the passwords of their accounts every time it was “inaccessible.”

The Cryptsy team told users that the accounts were locked due to security maintenance and checkups, while manipulating cryptocurrency accounts without notifying its users.

“As you can see earlier in this forum, BitJohn asked me to “be cooperative” and solve the problem out of public eye…. Since then, they have forced me to password reset no less than 3 times, and then randomly locked me out of the same password which they forced me to reset to. So, in other words, they repeatedly change the password behind my back in an endless cycle without notifying me, and then pretending it is a “server issue”,” Cryptsy user by the account ThrillHou wrote on the thread.

The user took a step further and took the matter into the hands of his attorneys. As soon as the user filed a lawsuit and put all of its credit cards, bank accounts and financial accounts to freeze, Cryptsy support who goes by the online alias BigJohn, John Doe II and John McPherson abruptly stopped assisting the user in recovering his funds and account.

“My Attorneys recommended I file a complaint to the FBI’s internet crime center at : http://www.ic3.gov/default.aspx . I’ve gotten some messages about Cryptsy’s use/selling/ phishing of info in the process of “verifying” users, and I personally haven’t received junk mail in the past 10 years or so until the month after I gave Cryptsy my home address. Also, Cryptsy complained in an early support email that my SSN wasn’t correct, indicating that Cryptsy tried to use it in an illegal manner. I’ve since put on my credit security freeze, and informed my attorneys about the articles and rumors regarding Cryptsy’s purported violent/terrorist connections,” ThrillHou explained further.

maybe the train is letting people on board again for whoever missed the first stop...

This just went to far. David is the victim here not the perpetrator. This is just really sad.

Altcoins are a great testbed for cryptocurrency technology to try out new things in order for crypto to evolve.

They are trying out hundreds of ways to do things and finding out good ways to do things and ways to definately not do things..

I would much rather them be experimenting on shitcoins rather than experimenting on Bitcoin itself..

Also some alts are good companions to BTC IMO for there strengths of faster block times and some have increased anonymity protections that some may see very useful.