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Author Topic: is Cryptsy about to fold over???  (Read 8240 times)
sirslayer (OP)
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November 20, 2015, 12:09:59 AM
 #1

There is been issues of withdraws and deposits @Cryptsy for the last few days and alot people are complaining on cryptsy chat room..  im having issues also with my money @cryptsy with deposit and try to withdraw and only half the amount was withdraw..and help desk ain't helping...it   doesnt look good and i just want to pass the warning the rest of this community about cryptsy situation
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November 20, 2015, 12:22:28 AM
 #2

There is lot of threads about Craptsy on forum, i ever saw one about big fat lawsuit against them. Lot of ppl have issues woth withdrawals or are locked out of their accounts. Suggest you to search a bit, you will be surprised how many of them are there.
sirslayer (OP)
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November 20, 2015, 12:31:22 AM
 #3

heres a live link on google hangout

https://talkgadget.google.com/hangouts/_/pnymkbiwf6vvmn3yp7mhzlrua4a?hl=en-GB&authuser=0
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November 20, 2015, 12:55:46 AM
 #4

I will think they have caused a lot of hassle and grief to a lot of people and most importantly to their customers who believed in their web of deceit.
They will fold soon and most of the investors will lose it all if they didn't get their money out before they started locking accounts. Sad situation with them if you did hold anything with them.

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November 20, 2015, 01:07:59 AM
 #5

If you still use cryptsy now, you deserve whatever happen to your coins.

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November 20, 2015, 01:37:00 AM
 #6

If you still use cryptsy now, you deserve whatever happen to your coins.



I'm way disappointed in Cryptsy too. Withdraws always has been slow, sometime 1-2 days (wtf?! for small amounts too). And they keep spamming me to go to Crypsty.ca to trade FIAT/BTC but its dead, no volume. Not sure why they arent integrating CAD with USD.

Is it so hard? Coinbase is doing just fine that way.


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November 20, 2015, 01:55:02 AM
 #7

All the big falls began similar -  just from those small, problems. My advice is to keep away from them.It does not look good.
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November 20, 2015, 01:55:57 AM
 #8

If you still use cryptsy now, you deserve whatever happen to your coins.



I'm way disappointed in Cryptsy too. Withdraws always has been slow, sometime 1-2 days (wtf?! for small amounts too). And they keep spamming me to go to Crypsty.ca to trade FIAT/BTC but its dead, no volume. Not sure why they arent integrating CAD with USD.

Is it so hard? Coinbase is doing just fine that way.

What do you expect from a "business" running in someone's basement?

The whole service is shady right from start. If you dont see it, then its like taking candy from a kid.
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November 20, 2015, 02:02:40 AM
 #9

I can't really say from experience that cryptsy have withdrawal problems but usually that's a signal that something dear is brewing.

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November 20, 2015, 03:13:47 AM
 #10

Cryptsy won't fold the same way Gox did, but I believe they will fold...

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November 20, 2015, 03:18:17 AM
 #11

Cryptsy won't fold the same way Gox did, but I believe they will fold...
They started to but then tried to recover. They lost it now.

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November 20, 2015, 03:25:14 AM
 #12

They still have funds locked up in trust that can be used to cover the losses of their users. That's one major difference between Cryptsy and Gox...

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November 20, 2015, 03:50:03 AM
 #13

i guess their issues are the popular coins and they recommend to buy a lesser coin and withdraw which it did work .. I was able to recover most...  dont like the idea to loose on transfer fees and selling to get my btc...
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November 20, 2015, 03:56:40 AM
 #14

have they done any proof of reserves?

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November 20, 2015, 04:05:44 AM
 #15

have they done any proof of reserves?

Not that I'm aware of, but they do trade USD which requires a sizeable deposit to be held in trust.

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November 20, 2015, 04:07:10 AM
 #16

I saw the possible solution on a few topics back.
Try to convert your btc to doge then withdraw to your doge wallet, after that trade that doge at another exchanger Wink
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November 20, 2015, 04:12:41 AM
 #17

thats an idea ..  i think doge accounts was also affected but im not sure the lessers coins are like worth .00000001 ..   i was able to withdraw using sys coins wanted to do 42coin but cryptsy are the main exchanged..  poor 42coin..  i mined the heck out of you ...   and they were good times
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November 20, 2015, 04:17:22 AM
 #18

I was locked out of my account. It was due to six months of no activity. They asked me two security questions and there are only two possible answers. I know the answers are right. I went through this three times and right after I answered the security questions they quit responding to me. Very strange. I had no coins there though.
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November 20, 2015, 04:28:53 AM
 #19

to be honest, Cryptsy did me good for a year with minors issue till now.. i thought this is the future in trading..
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November 20, 2015, 04:39:33 AM
 #20

Cryptsy is crapsy and now they are in the crapper.
Hope all the traders can get some of their BTC back.
What a bunch of dead beats those guys are at Cryptsy.
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