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Author Topic: Cryptsy going GOX?  (Read 1470 times)
Blawpaw (OP)
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December 18, 2015, 05:56:22 PM
 #1

The Cryptsy exchange is showing an image in which it informs that all wallets will be put offline due to a much-needed maintenance...



Is Crypsty going GOX?
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December 18, 2015, 06:01:54 PM
 #2

Dude, this happens like every month...

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December 18, 2015, 06:57:22 PM
 #3

Maintenance is a normal thing on normal websites and on exchanges , the problem is if its offline and wasn't anounced. Try to join the website later.
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December 18, 2015, 06:58:39 PM
 #4

Maintenance is a normal thing on normal websites and on exchanges , the problem is if its offline and wasn't anounced. Try to join the website later.
It was announced, check your email, i think i saw a thread a day or two ago talking about the announcement

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December 18, 2015, 07:00:41 PM
 #5

It is only 1h so i don't think you should worry about it, worry about the withdrawal that some users are unable to do it.
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December 18, 2015, 07:20:56 PM
 #6

I think they ll come back. It only depends whether s gonna take them weeks or months. Even with this shitty service, they have so much traffic only a fool would not be able to make money on that.

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December 18, 2015, 07:48:11 PM
 #7

The Cryptsy exchange is showing an image in which it informs that all wallets will be put offline due to a much-needed maintenance...
Is Crypsty going GOX?

Maintenance for an hour or two is nothing and you have been informed of this via email prior. If in a few days it has not been complete we can come back and see whats up and the potential of shady things going on. Cryptsy does not have nowhere near the reserves of gox to pull that one.


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HarryKPeters
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December 18, 2015, 07:54:13 PM
 #8

Either they will GOX us or this will be a step forward.
Let's hope for the latter. But judging from recent events, i don't have much hope...

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December 18, 2015, 08:11:16 PM
 #9

Finally got all mine coins out of cryptsy. Now can easy check from the sideline what happens with this exchange. It's almost a movie and we are now waiting for part 2 how will it end.
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December 18, 2015, 09:44:13 PM
 #10

Finally got all mine coins out of cryptsy. Now can easy check from the sideline what happens with this exchange. It's almost a movie and we are now waiting for part 2 how will it end.

Happy to hear that, cause mine are still in there. not much, but I'm confident I'll get it back.
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December 18, 2015, 10:14:52 PM
 #11

Finally got all mine coins out of cryptsy. Now can easy check from the sideline what happens with this exchange. It's almost a movie and we are now waiting for part 2 how will it end.

Haha, yes i got the same feeling.
Being on the safe side, it is now like a soap.

Somewhere I can't believe Vern or Cryptsy are scammers. They are far to neat for that. But looking at what happend before (their actions), anything can happen.

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December 18, 2015, 10:25:50 PM
 #12

I'm hoping they don't Gox, but I can't fathom them doing much business after this.  They've lost the confidence of a huge number of their customers, and how do you recover from that?  And it's not like they let everyone know what's going on--what they did was to let rumors fester.  I'm not sure they're trying to steal money, but it'd be nice if they communicated about whatever problems they're having.  It's sad, really.  I used them for a few months and they were good.

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Blawpaw (OP)
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December 19, 2015, 04:07:14 PM
 #13

BTC, and LTC withdraws are not coming out. So, if we trade our BTC and LTC for other coins for example DOGE or Florincoin and then withdraw them from the exchage!
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December 19, 2015, 06:56:53 PM
 #14

BTC, and LTC withdraws are not coming out. So, if we trade our BTC and LTC for other coins for example DOGE or Florincoin and then withdraw them from the exchage!

Just remember that because of this coins like DOGE are sickly overpriced.  But if you think they are insolvent then something is better than nothing.

They announced this maintenance well in advance so this is no reason to be worried.  Being unable to withdraw coins and having them stalled in limbo IS a reason to be worried.

I pulled my funds out of Cryptsy once they implemented percentage based fees on top of the standard withdrawal fees a month or two back.  Thankfully they gave you three "free" withdrawals because I would not want big amounts of Bitcoin or any other coin having 0.5% taken away on top of buying and selling fees.

The 0.5% withdrawal fee may not seem big, but when you withdraw a couple thousand dollars worth of Bitcoin it adds up quite quickly.  It appears they are either trying to simply make more money - which is fine by me, I'm a capitalist by trade - but it makes me feel that they could also be in a bad financial situation approaching insolvency.

No evidence, no FUD, just a gut feeling.  Take it for what it's worth.  I'll simply watch them for the next few months before using them again.

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December 19, 2015, 06:58:22 PM
 #15

Glad that I have no coins there anymore they have a very good reputation and has been one of the best exchangers in the past few years
I just hope nothing follows after this they have a better dashboard and had accepting a lot of coins will watch this thread for more update about Cryptsy

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December 19, 2015, 09:11:12 PM
 #16

It's very sad to see a reputable exchange go to worse so fast.
One year ago they were the no 1. altcoin exchange. Today they are in the same league of yobit. Even their volume has decreased by 300%.

A sad day for all of us.

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December 19, 2015, 10:00:15 PM
 #17

It's very sad to see a reputable exchange go to worse so fast.
One year ago they were the no 1. altcoin exchange. Today they are in the same league of yobit. <snip
Say, may I ask what you mean by this?  You can obviously see I'm wearing a Yobit signature, but I'm not trying to promote anything shady.  Yobit has worked for me so far, and they seem on the up and up.  Do you mean their volume isn't huge or that there's something funny going on?

Cryptsy was the 2nd exchange I used, with Coinbase being the first.  Have they made any announcements yet other than the "maintenance mode" thing?

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December 20, 2015, 01:12:17 AM
 #18

It's very sad to see a reputable exchange go to worse so fast.
One year ago they were the no 1. altcoin exchange. Today they are in the same league of yobit. Even their volume has decreased by 300%.

A sad day for all of us.

I see no people complaining about withdraw delays of hours/days in the yobit exchange, but you'll easily find several complains about cryptsy.

There are no signals of insolvency from yobit, even with low volumes and everything else

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December 20, 2015, 03:21:51 PM
 #19

Yeah, these guys are making our life pretty difficult! I am waiting for a deposit for more than 24h and I it is still not showing on my wallet... they really need to do something about their platform. At least put it to work right
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December 20, 2015, 04:57:09 PM
 #20

So far i have seen that even there is a waiting time, all the withdrawals went through.
Let's hope cryptsy get this problems resolved and become a credible exchange again. They did great in the past.

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