[Official] Cryptsy News **Ripple added 132 Ripple Markets now active**

[PoolMinor]

Ill get you fixed. PM'd you.

Pool Minor,  
Within the context of all notes spoken, it appeared to me that you were calling the new Cryptsy Facebook a scam.  
If this were not your intentions, then I sincerely apologize. We have removed the ban.


Cryptsy Jim

Thanks.  

[Eli0t]

once you've fixed todays issues maybe we can have an update as to what happened?

[BitJohn]

once you've fixed todays issues maybe we can have an update as to what happened?

Well give you something official when trading resumes.

[BitJohn]

Response to the issues yesterday
http://blog.cryptsy.com/

4/16/2014 Maintenance Post-Mortem
What the?  What happened?
So here is what we were doing last night and what happened:
All accounts use a ledger in our system.  User balances and audits depend on this ledger.   When the system was initially designed, we had one ledger for all currencies.
As we have grown, the one ledger was getting quite large and we started to see some performance issues.   About a month ago it was determined we would move to a per currency based ledger system, meaning for every currency in our system it would have it’s own ledger.
Yesterday we began to move to the new ledger system.  This move required modifications to our audit program to look at both the main ledger and currency ledger while we moved the data.   We were basically attempting to perform this change without having to take the site offline.
The modifications to the audit program did not work as expected as many of the data migrations took longer than anticipated.  This resulted in inaccurate user balances.
We initially turned off withdrawals and continued to attempt the live migration, however the balance issues where affecting trading.   It was then determined that we needed to shutdown trading while we finished the migration.
After the migration was completed, we ran a full system audit for every user to ensure accuracy of balances.   
We are now on the new ledger system and everything is working normally.
Paul Vernon
"BigVern"

[BitJohn]

Cryptsy has added the following markets

WC/BTC
DMC/LTC
KARM/LTC

welcome!

[Spoetnik]

Response to the issues yesterday
http://blog.cryptsy.com/

4/16/2014 Maintenance Post-Mortem
What the?  What happened?
So here is what we were doing last night and what happened:
All accounts use a ledger in our system.  User balances and audits depend on this ledger.   When the system was initially designed, we had one ledger for all currencies.
As we have grown, the one ledger was getting quite large and we started to see some performance issues.   About a month ago it was determined we would move to a per currency based ledger system, meaning for every currency in our system it would have it’s own ledger.
Yesterday we began to move to the new ledger system.  This move required modifications to our audit program to look at both the main ledger and currency ledger while we moved the data.   We were basically attempting to perform this change without having to take the site offline.
The modifications to the audit program did not work as expected as many of the data migrations took longer than anticipated.  This resulted in inaccurate user balances.
We initially turned off withdrawals and continued to attempt the live migration, however the balance issues where affecting trading.   It was then determined that we needed to shutdown trading while we finished the migration.
After the migration was completed, we ran a full system audit for every user to ensure accuracy of balances.   
We are now on the new ledger system and everything is working normally.
Paul Vernon
"BigVern"

you guys ALWAYS do that and it always winds up string up a lot of drama with crap loads of noobs flipping out..
is all the support tickets and bad PR / bad reputation your going to get worth trying to keep the site running for upgrades etc ?

i think most people will back me up when i say just make a simple little announcement ahead of time like a day or two ahead or what ever
that says, hey we gotta shut down for 8 hrs or something and when we come back we will have improvements made etc.

this has been suggested by me and other so many times before i couldn't count..
you guys REALLY make people mad with account drama combined with man power having to deal with tickets
i just don't see how you guys would think it's worth staying running during upgrades or maintenance etc..
just shut it down and do what ya gotta do guys ..trust me most of us all would understand and be a 1000x less pissed off

not trying to be a jerk but just bring up a constructive criticism *again
i can safely say you guys doing this has damaged your reputation.. worth it ?

[ateneto]

Great job best exchange!

[BitJohn]

Great job best exchange!

Thanks! I invite everyone to utilize our social outlets we will host random contests on them from time to time.

Site: https://Cryptsy.com
Facebook: https://www.facebook.com/OfficialCryptsy
Google + : https://plus.google.com/u/0/b/107784758603655102646/107784758603655102646 (We will be hosting a YouTube channel with how to's etc very soon)
Twitter: @cryptsy

You can also follow me on twitter @bit_john

[BitJohn]

added our subreddit to the main thread we will start updating there frequently as well

http://www.reddit.com/r/cryptsy/

[BitJohn]

Mining Contracts 2 (MN2)

Bitcoin Mining Contract #2
This is our second issuance of mining contracts for Bitcoin with a total hashing power of 100Th/s.

What is a mining contract?
For this offering, we have 100 Th/s of hashing power dedicated to mining bitcoin which is part of a much larger network of hashing power. This means more consistent payouts of blocks mined. Every day, users who own shares of this will receive 1/10000 of the payout for each share owned. Users can buy any number of shares available (each share represents 10 Gh/s of hashing power). These are lifetime shares, which mean they never expire.

How much do I get paid and when?
The 100Th/s total hashing power is part of a network of over 3 Ph/s. On a daily basis we calculate and distribute to users who have shares of this contract 1/10000 of the total contract payout to each of the shares. If you own 100 shares, then you will receive 1/100 of the total contract payout. You must be holding shares at the time of disbursement to receive a payout.

Who is providing the mining?
Currently the provider has asked us not to disclose this information. You can be assured that we would not do business with anybody who is less than reputable.

What is a lifetime contract?
This means that it isn't a term agreement like 1 year. You could continue to hold these for multiple years. There will, however, come a time where Bitcoin difficulty has risen to a level where 100 Th/s is no longer producing very many dividends. We anticipate a full rate of return within 12 months or less with shares still having value at that point.

Mining Contract 2 Specifications

• 100 Th/s Total Mining Power
• Lifetime Contract - Payouts on this contract never end
• Available in increments of 10 Gh/s
• Total Shares Available: 10,000
• Initial Price: 0.180 BTC Each for first 24 hours of offering (04/22/2014 18:10:00 EST)
• Price: 0.185 BTC Each for 24 - 48 hours from initial offering (If not all sold)
• Price: 0.19 BTC Each after 48 hours of initial offering (If not all sold)
• No Trade Fees Until Initial 10,000 Shares have been disbursed
• Daily Mining Payouts Directly To Your Cryptsy Balance

Go to MN2/BTC Market https://www.cryptsy.com/markets/view/196

[lajz99]

Who is providing the mining?
Currently the provider has asked us not to disclose this information. You can be assured that we would not do business with anybody who is less than reputable.

In other words, "just trust me guys, exchange operators never lie"...

I say, PROVE THERE IS MINING HAPPENING.

[BitJohn]

Who is providing the mining?
Currently the provider has asked us not to disclose this information. You can be assured that we would not do business with anybody who is less than reputable.

In other words, "just trust me guys, exchange operators never lie"...

I say, PROVE THERE IS MINING HAPPENING.

As it states we cannot reveal it per our contract. We can however assure you mining is happening.

Again we are a US based company under its laws and jurisdictions our CEO is a public face we are HQ'd in Florida would be pretty bold to run a scheme such as your implying.

So if you do not trust that the mining is taking place its quite simple you are not required to buy them.

[BitJohn]

There is a lot of Malware and phishing sites out there targeting crypto.

• Cryptsy Dogecoin (DOGE) Live Ticker (Replaces BTC address on any page with someone elses)
• predictcoin.org (phishing)

If you have more you have seen or found I will add them to the above list.

Bottom line ANY 3rd party application relating to Cryptsy or Bitcoin is not endorsed by Cryptsy and in most cases is Malware or phishing and you will lose your coins without Two factor authentication 2FA.

[BitJohn]

Cinnicoin (CINNI), Asiacoin (AC) and Communitycoin (COMM) now available for trading in BTC market pairs. Enjoy!

[Nxtblg]

Cinnicoin (CINNI), Asiacoin (AC) and Communitycoin (COMM) now available for trading in BTC market pairs. Enjoy!

So the punters have a new triplet of pairs to play with...

[BitJohn]

We've modified some proxy hardware, if you are having trouble logging into the site, then clear cookies from http://cryptsy.com

[BitJohn]

For some instructions

Firefox https://support.mozilla.org/en-US/kb/delete-cookies-remove-info-websites-stored
Chrome https://support.google.com/chrome/answer/95647?hl=en
Explorer http://windows.microsoft.com/en-us/internet-explorer/delete-manage-cookies#ie=ie-11

[BitJohn]

Cryptsy has added a tools section you can now convert any alt coin for any other alt coin with no fees incurred! We have also added a portfolio buy option you can learn more about how they work on our wiki page. Enjoy! wiki.cryptsy.com

[BitcoinSitesOrg]

Hello BitJohn!

BitcoinSites.Org just reviewed your website, you can check it here: bitcoinsites.org/cryptsy

[BitJohn]

Hello BitJohn!

BitcoinSites.Org just reviewed your website, you can check it here: bitcoinsites.org/cryptsy

Thanks we will check it out!