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Author Topic: BEWARE: Cryptsy is a Scam and will eventually shut down and hold balances  (Read 3665 times)
NaturalOrder8 (OP)
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December 15, 2013, 06:53:34 PM
Last edit: December 16, 2013, 04:45:00 AM by NaturalOrder8
 #1

  Fucking scam
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December 15, 2013, 10:25:04 PM
 #2

Sent 500 sexcoins yesterday, first day using cryptsy and they never arrived to my account.
Fucking scams

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December 15, 2013, 11:11:21 PM
 #3

Cryptsy is quite pissoff IMO, I bought a couple thousand GLD which then disappeared, I contacted support with no answer.  I bit ticked off, since GLD just rose by 20% the time I found out I lost all the coins.
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December 15, 2013, 11:58:29 PM
 #4

I don't have 6 BTC tied up in GDC but I have a nice chunk tied up. I was hoping to get some info from the official GDC thread here but nothing. If there are any updates please share them in this thread.

The best way to say thank you:

BTC: 1Mfq5PUZpBVd7nhQ6aMa5SeKxeDKKDyr6B    eToken: eLJTb8KefyPhHNLpFDtQVhbs2hN2kGvBTD
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December 16, 2013, 08:34:37 AM
 #5

I don't think they are a deliberate scam.
Ive lost coins three times in the past two weeks and after politely using the support ticket and not spamming them, accounts were put back in order.
That being said, It makes for piss poor day trading (cancel an order and you crash the server). They really need some decent programmers in there.
 Ive withdrawn my funds successfully yet Ive not given up hope for these guys in the future.
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December 16, 2013, 07:46:12 PM
 #6

I've been ok using cryptsy.  Yes it's slow and I don't deal with a lot of funds so that might be why I'm fine with them.  I know if I was a day trader I would be more upset though, because time is money (like you said, the GLD went up in price and you missed out because the funds were gone).  I've never had money disappear or anything and I have withdrawn without any problems.

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December 16, 2013, 08:40:30 PM
 #7

It's not a scam per se, but works quite badly.

If there would be a worthy competitor, people would change horses in no time. But currently there is not.


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December 17, 2013, 12:43:56 AM
 #8

Are they not a registered company?

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December 21, 2013, 11:08:15 PM
 #9

Are they not a registered company?

I second this question.

If btc-e or bitstamp dies - there may be repercussions, and they will be forced to make amends in one or another way.

If cryptsy is hosted in bigverns garage - he might be tempted to cash out with jackpot someday.


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December 22, 2013, 11:07:07 PM
 #10

I haven't had any major problems at cryptsy. Yes it's very slow and you could argue that cost me money but everything always shows up. I think they have too many customers or have a bad software package. They don't trade to money so I doubt they would be shut down.

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December 26, 2013, 05:39:42 AM
 #11

I don't see the incentive for them to scam, they are a massive investment backed exchange and make solid profit. Probably just incompetence.

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December 26, 2013, 05:47:40 AM
 #12

Guys why are you worried? Cryptsy is a better platform and they have a huge amount of users and a lot of Log so sometime it took long time.
I have also faced such problems sometime deposit late and sometime withdraw late and sometime coin disappearing but when such thing happens we could trig sometime ourself and sometime they trigger the audit and everything comes on the position.

Must be patient guys, Even smaller exchanges have such problems cryptsy is a higher exchange holding lots of coin.
Good Luck

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December 27, 2013, 12:44:37 AM
 #13

Been using it for a few weeks with no problems.  Undecided

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