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Author Topic: BTCD is no more  (Read 1312105 times)
yassin54
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January 06, 2016, 05:35:38 PM
 #9601

Week 32: 19.5 BTCD have been paid to 585 unique BitcoinDark addresses for successfully staking blocks 884492-895553

Nice payout with E9 and CORE funds being added to MMBTCD this week.
Thanks!!  Smiley

Thanks for staking and supporting the BTCD network!
Always!!  Wink





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bitkokos2
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January 06, 2016, 06:40:24 PM
 #9602

cant withdraw BTCD from Craptsy and had to sell it
sadly

Could be that Cryptsy is done:

Important System Notification
Trade engine and withdrawals paused while we investigate cause of lag. Your patience is appreciated. Thank you

https://www.cryptsy.com

Hard to say if that's the end but I'm pretty sure that they won't survive.


Edit: Interesting...https://bitcointalk.org/index.php?topic=1173703.msg13458966#msg13458966

I think it's officially RIPtsy
avariahb
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January 06, 2016, 09:23:29 PM
 #9603

coinmarketcap has remove cryptsy market as many currency

tempus
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January 06, 2016, 09:39:07 PM
 #9604

cant withdraw BTCD from Craptsy and had to sell it
sadly

Could be that Cryptsy is done:

Important System Notification
Trade engine and withdrawals paused while we investigate cause of lag. Your patience is appreciated. Thank you

https://www.cryptsy.com

Hard to say if that's the end but I'm pretty sure that they won't survive.


Edit: Interesting...https://bitcointalk.org/index.php?topic=1173703.msg13458966#msg13458966

I think it's officially RIPtsy

Not officially yet but... under the line you're most likely right.

Very good article:

Cryptsy: Mt. Gox Junior?
https://www.cryptocoinsnews.com/cryptsy-mt-gox-junior/
bitkokos2
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January 06, 2016, 09:52:44 PM
 #9605

coinmarketcap has remove cryptsy market as many currency

yup, saw that 2 hours ago.
not sure if this is because it's going to RIP. Maybe it's just for not showing high prices. Almost every coin which can be withdrawn is around 40% up in there.
bitkokos2
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January 07, 2016, 09:45:14 AM
 #9606

As far as I read there were some btc withdrawals from cryptsy today which were pending for weeks.
These were posted by users on chat.
I think cryptsy may be buying altcoins from other exchanges for cheap and sells them higher on cryptsy so they might get some btc to process withdrawals. Most of the altcoins there are 30-50% up
tempus
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January 07, 2016, 10:55:47 AM
 #9607

As far as I read there were some btc withdrawals from cryptsy today which were pending for weeks.
These were posted by users on chat.
I think cryptsy may be buying altcoins from other exchanges for cheap and sells them higher on cryptsy so they might get some btc to process withdrawals. Most of the altcoins there are 30-50% up

There are a lot of signs that Cryptsy is bankrupt and I remember the first signs I believed to see were in 2014. I'm out there since Oct 14 or something like that. What I want to say with that: It could be that they lost a lot of money over a long time and became a fractional reserve system. I don't see any chance that they'll survive even if they try everything to "buy time".
DropDead.Be
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January 07, 2016, 11:15:51 AM
 #9608

As far as I read there were some btc withdrawals from cryptsy today which were pending for weeks.
These were posted by users on chat.
I think cryptsy may be buying altcoins from other exchanges for cheap and sells them higher on cryptsy so they might get some btc to process withdrawals. Most of the altcoins there are 30-50% up

There are a lot of signs that Cryptsy is bankrupt and I remember the first signs I believed to see were in 2014. I'm out there since Oct 14 or something like that. What I want to say with that: It could be that they lost a lot of money over a long time and became a fractional reserve system. I don't see any chance that they'll survive even if they try everything to "buy time".

Got most of my coins out through buying NXT (processed within 30 minutes)
That was after I realised my 100 BTCD, 20 LTC withdrawals are delayed to oblivion.
Cant even cancel the withdrawal to buy NXT
tempus
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January 07, 2016, 11:23:47 AM
 #9609

As far as I read there were some btc withdrawals from cryptsy today which were pending for weeks.
These were posted by users on chat.
I think cryptsy may be buying altcoins from other exchanges for cheap and sells them higher on cryptsy so they might get some btc to process withdrawals. Most of the altcoins there are 30-50% up

There are a lot of signs that Cryptsy is bankrupt and I remember the first signs I believed to see were in 2014. I'm out there since Oct 14 or something like that. What I want to say with that: It could be that they lost a lot of money over a long time and became a fractional reserve system. I don't see any chance that they'll survive even if they try everything to "buy time".

Got most of my coins out through buying NXT (processed within 30 minutes)
That was after I realised my 100 BTCD, 20 LTC withdrawals are delayed to oblivion.
Cant even cancel the withdrawal to buy NXT

Yes, that's the problem. It seems they have multiple strategies to "fix" somebody (more somebodies money) so he can't do anything. They close one door after another and that says something about their own situation. But maybe you'll have luck and get your coins out.
DropDead.Be
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January 07, 2016, 11:30:42 AM
 #9610

"Yes, that's the problem. It seems they have multiple strategies to "fix" somebody (more somebodies money) so he can't do anything. They close one door after another and that says something about their own situation. But maybe you'll have luck and get your coins out."

Join the altcoin market, it will be fun they said.
Haha first you lose about 50% of your invested btc in the volatile altcoin market, then cryptsy loses the remaining btc on your behalf.

tempus
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January 07, 2016, 11:37:36 AM
 #9611

"Yes, that's the problem. It seems they have multiple strategies to "fix" somebody (more somebodies money) so he can't do anything. They close one door after another and that says something about their own situation. But maybe you'll have luck and get your coins out."

Join the altcoin market, it will be fun they said.
Haha first you lose about 50% of your invested btc in the volatile altcoin market, then cryptsy loses the remaining btc on your behalf.



Nearly everybody who is in the market for some time now has lost money in it. In germany we say "Lehrgeld" ("education-money") ;-) What I mean with that: It's still a very young market and even if we lose some money there are good chances that we also see the good opportunities early and make it more than just back. In 20 years we will have a lot of good stories about this wild-west-market ;-)

Btw: I have about 70 LTC frozen in Vircurex since early 2014 and there is zero chance to get it back. Others lost a lot because of Mintpal, not to speak about Gox. I just hope Poloniex is stable.
bitkokos2
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January 07, 2016, 12:35:34 PM
 #9612

a week ago I made some profit using cryptsy. I exited with karma coin to another exchange, sold it for doge, sent doge to cryptsy and sold it there at higher price, then exited again with karma.
I repeated the process 3 times and gained around 15%
I can't do this now Tongue
Nxtblg
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January 07, 2016, 07:21:00 PM
 #9613

Nearly everybody who is in the market for some time now has lost money in it. In germany we say "Lehrgeld" ("education-money") ;-) What I mean with that: It's still a very young market and even if we lose some money there are good chances that we also see the good opportunities early and make it more than just back. In 20 years we will have a lot of good stories about this wild-west-market ;-)

Darn right we will! Just think of the stories the Bitcoin early-adopters will be bending ears with in 2020, when "blockchain" is mainstreamed.

"Lehrgeld" is a good way of thinking about it. It dovetails with the old-fashioned English term "the school of hard knocks."






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bitkokos2
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January 07, 2016, 08:31:07 PM
 #9614

Nearly everybody who is in the market for some time now has lost money in it. In germany we say "Lehrgeld" ("education-money") ;-) What I mean with that: It's still a very young market and even if we lose some money there are good chances that we also see the good opportunities early and make it more than just back. In 20 years we will have a lot of good stories about this wild-west-market ;-)

Darn right we will! Just think of the stories the Bitcoin early-adopters will be bending ears with in 2020, when "blockchain" is mainstreamed.

"Lehrgeld" is a good way of thinking about it. It dovetails with the old-fashioned English term "the school of hard knocks."

heh, pray for the guy who threw his hard drive in trash. It had a BTC wallet with 7500BTC
http://money.cnn.com/2013/11/29/news/bitcoin-haul-landfill/
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January 07, 2016, 11:22:24 PM
 #9615

Is it me or did someone just give me 600 BTCD? Its almost like it was "Dark'd" into my wallet as there was no trail to it being sent whatsoever. I'm not complaining just wondering if there is something wrong with my wallet; everything about my wallet seems fine I'm staking and it isn't randomly crashing.

bitkokos2
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January 08, 2016, 12:06:18 AM
Last edit: January 08, 2016, 12:19:45 AM by bitkokos2
 #9616

Is it me or did someone just give me 600 BTCD? Its almost like it was "Dark'd" into my wallet as there was no trail to it being sent whatsoever. I'm not complaining just wondering if there is something wrong with my wallet; everything about my wallet seems fine I'm staking and it isn't randomly crashing.

I think your wallet turned to POL (Proof Of Luck)  Grin

Just check the balance of your addresses in the block explorer. If you have the 600 there, you are lucky.
http://explorebtcd.info/
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January 08, 2016, 01:16:23 AM
Last edit: January 08, 2016, 01:48:01 AM by cmg777
 #9617

Is it me or did someone just give me 600 BTCD? Its almost like it was "Dark'd" into my wallet as there was no trail to it being sent whatsoever. I'm not complaining just wondering if there is something wrong with my wallet; everything about my wallet seems fine I'm staking and it isn't randomly crashing.

I think your wallet turned to POL (Proof Of Luck)  Grin

Just check the balance of your addresses in the block explorer. If you have the 600 there, you are lucky.
http://explorebtcd.info/


I guess so... Before I obtained the random 600 BTCD I was already in the top 100  Grin so just more for me to stake baby  Smiley Are the devs still taking donations? I might donate again to give back small amount of my new windfall.

bitkokos2
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January 08, 2016, 07:11:06 AM
 #9618

maybe it was jl777 and just liked your 777  Cheesy
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January 08, 2016, 10:10:00 AM
 #9619

someone fixed our little logo on coinmarketcap ..it was only orange .. that looked weird

now its orange-black ..perfect Smiley
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January 08, 2016, 03:35:09 PM
 #9620

Is it me or did someone just give me 600 BTCD? Its almost like it was "Dark'd" into my wallet as there was no trail to it being sent whatsoever. I'm not complaining just wondering if there is something wrong with my wallet; everything about my wallet seems fine I'm staking and it isn't randomly crashing.

errrrrmm... what again did you do in order to make those 600BTCD materialize in your wallet?

I mean, what exactly?? Every detail counts- did your cat behave strange or differently than usual? Did you notice any unexplicable lights or sounds?? Anything in your diet?

Think! Please, anything may help!!   Cheesy
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