Topic: [ANN] Crypto Rush - Crypto to Crypto exchange - page 65. (Read 141822 times)

LMAO
you guys are funny.I just deposited btc and scoped up some great priced shares .they aint closing they have been taking over by new management now.Thats why trade volumes are going up.People arent leaving.Markets arent offline.Been trading there all day.Still trading there now .They are moving to whole new servers and are fixing all their problem with sercurity and have allready stated they are going pay everyone back ,even the zeit coin they are fixing aswell.The have recovered 200+ btc through fees and from personal accounts .CR 2.0 will be rolled out soon.They aint going anywhere.Dont forget that it was other traders that stole from people who lost coin by knowingly withdrawing coins the new werent theirs."Karma" guys.It will get them in the end.They all said cryptsy was gone when it first started and had trouble and look at it now.Its still going strong.by leaving the site and not trading there u are taking away fees and income that they are using to pay back the coins that were lost.Yes they lied and carried on but they are trying to make it right .if u lost coins and think it best to high tail and run u are not helping the situation and it will only take longer for them to right their wrong.I am still trading there and will continue to do so.And no i have not lost any coins with them cause i dont leave loads of coins on any exchange.i trade at cryptsy ,btc-e and mintpal which are all good sites.I trade alittle on coinex.pw and i never lost coin when they recently got hack cause once again i dont leave coin on exchange just lying around.

managed get all my btc out using vertcoin.

markets are going offline as i speak though so time is running out to get coins out.

wait a minute..
If the link posted above is true, if the "inside worker info" is for real
then the cold storage they have and its delays is actually an asset to the exchange...

Not trying to start a flamewar, neither am i saying there is nothing wrong, we are all witnessing this together.
i have some altcoins in there, i'm not going to pull out because they can be written off.

i'm just pointing out that if the worker is saying the truth, then the delay is obviously caused by the panic withdrawals.

It is a poorly designed & implemented system, many have pointed this out, there is always room for (more )improvement though.

i find it reassuring that they did not disappear.
It has a significant daily volume, so if they were to run with the coins, they would do so in an instant.
Unless they are planning to run on the third month.

This place is two months old, if they manage to keep a small userbase, trust will be restored , and they will survive this.

Constant updates and PR communications is teh way to go with this now. And obviously some major update/revamp of the service ASAP

Thank god this place is closing. This single handedly caused the onslaught of daily shitcoins since they easily get listed here. Good riddance.

i think more than btc and ltc was stolen...   unable to withdraw TOP COINS

You bet they have serious problems, i wish you good luck with withdrawal, but I am worried you wont see your coins

After reading some documents, I'm starting to believe the exchange is truly facing issues, I withdraw what I said in previous post!

I managed to get my fraction of btc out of the exchange buying a little overpriced doge (but that amount came by selling some tips at overinflated price),

now I can tell: go fuck yourself you scambaggers. close that shit down and disappear from the internet.

blablabla !! GET YOUR COINS OUT ASAP!!! DON"T LISTEN TO THIS *****

http://www.cryptocoinsnews.com/2014/03/26/cryptorush-support-worker-leaks-inside-info/

I was using this exchange often, but always realizing it is risky. The design and trading system was poor (to use polite words). But they had coins not traded on other exchanges and sometimes there was a nice possibility of arbitrage.

Since they had problems with BTC withdrawals I did not go there. I left them some flappycoins, but that is all.

Trading cryptos is like running through minefield and collecting gold there. Scams are everywhere, but still you can earn something. Funny and adventurous game, but just a game. Nobody should risk too much and take it too seriously.

GET OUT ASAP

Oh, for the love of god, check what's happening, I'm sure at least half of you are smart enough to figure some stuff out... as soon as you send some coins to cryptorush they are re-sent and split into 2 ...about 16% go to the hot wallet and the rest go into the cold wallet...
Since cryptorush has been having connectivity issues lately a lot of people panicked and withdrew their funds from the exchange.... that emptied the hot wallet which is why you can't withdraw your coins until the exchange sends some of the money from the cold wallet back into the hot one or someone else deposits...
If you make more people panic the only thing you're going to achieve is having those also try to withdraw their funds and that will lead to a cascading effect... in which the hot wallet will constantly not have sufficient funds and the exchange actually dying because more and more people will lose trust in it and withdraw and there will be noone left to exchange your coins with!
Yes, they're not professional, I totally agree with that:
 - they should be monitoring funds much more closely and sending funds to the hot wallet whenever it is close to becoming empty...
 - they should solve their database issues when sometimes orders get hung with 0.00000000 remaining
 - they should have a team monitoring the servers and being ready to respond in time when something goes wrong
 - the balances should be refreshing automatically not manually
But:
 - they also have a mostly working exchange with many coins that are not in other places
 - they are from time to time sending money back to the hot wallets (although most of the time only after they become empty and somebody complains)
 - they did fix other issues in the past... not very fast but they are improving

In conclusion... it's your choice, but, if you continue to spread panic the exchange will definitely die! If you give them a chance and monitor things and figure out they are actually fixing the issues... you could give them a chance of fixing other stuff as well.

EDIT: I no longer stand by this opinion, after doing a lot of reading I'm starting to doubt what I said here!

same error, looks like nobody is allowed to withdraw bitcoin

Failed to send withdrawal to specified account. Please try again later. ? ?

Edit: nvm, just posted above me.

That's what I did too... Better than losing everything

I noticed something was up with this exchange because the prices for all the coins were inflated.

Then after some reading I realised people are selling all their BTC into whatever they can get so they can withdraw those coins since BTC withdraws are halted.

I bought some DOGE at 15% higher than market prices and got the hell out.

I managed to exchange for GPU coin and then withdraw, use the side bar 'Markets' to go to the coin then exchange BTC for another alt with a lot of sell orders - they should have enough coin for you to then withdraw.

http://pastebin.com/eLkPxLWi

Hello, my name is DogeyMcDoge, I worked support for Cryptorush.in.
 
Have you ever heard of the trolly/train dilemma?
 
The general form of the problem is this: There is a runaway trolley barreling down the railway tracks. Ahead, on the tracks, there are five people tied up and unable to move. The trolley is headed straight for them. You are standing some distance off in the train yard, next to a lever. If you pull this lever, the trolley will switch to a different set of tracks. Unfortunately, you notice that there is one person on the side track. You do not have the ability to operate the lever in a way that would cause the trolley to derail without loss of life (for example, holding the lever in an intermediate position so that the trolley goes between the two sets of tracks, or pulling the lever after the front wheels pass the switch, but before the rear wheels do). You have two options: (1) Do nothing, and the trolley kills the five people on the main track. (2) Pull the lever, diverting the trolley onto the side track where it will kill one person. Which is the correct choice?
 
I write this today because I am pulling the second lever. I am relaeasing info regarding CryptoRush's Insolvency.
 
My hands shake as I write this. These past two weeks have been hell for me. I have not been sleeping well. I get gut wrenching pains anytime I think about this. It's time to put it to rest.
 
I started working for CryptoRush in late Febraury. I was excited and intrigued by crypto, and upon finding this new exchange I joined their channel. LinkandZelda was looking for a support. I volunteered, and offered help to the users in the channel for a few days without even having access to the tools to the admin site. I was hired a few days later, and was put to work. I was to be paid a flat amount of BTC weekly, and upon getting past the learning curve of CryptoRush's backend, I was well along answering tickets. The owners became like friends to me. As the workload got harder as time went on, we began getting too many tickets for me to handle alone. We hired another support. Around the 11th of March, I received a message from Devianttwo: "had something bad happen. all I'm saying." I was brought into a Skype call and told that we had been hacked. I was shocked. They told me the amount, and I did not sleep well that night.
 
For some reason my brain stuck 30 BTC lost in my head. Upon consulting LinkandZelda I was informed of the losses again. ~950 BTC and ~2500 LTC. Gone. Someone with an IP from Ukraine. They were looking into it, thought they found the guy. Thought they could get the BTC back. Maybe it was shock. Maybe it was just me being naive. But I believed them.
 
I was informed of the plan to announce CryptoRushShares, a currency that would pay % fees to holders. And the kicker? Fyrstikken would announce 60% ownership of them. But in the back room?
 
[3/14/2014 10:48:15 PM]
":basically
 : he's helping me gain capital back from share buyers
 : he started by announcing 60% shareholding
 : but he actually owns only 10%"
 
I never got a clear answer as to whether we received any money from him, or were just using his internet "fame" for advertising. I put it out of my mind, this could help save us right?
 
The next couple weeks seemed to fly by.
 
And so time goes on, and things look OK at first. But then the BTC wallet runs out. Alex123 and fraggyb did not know of our insolvency. Daemon problems we were told was the answer.
 
The guilt was starting to build up inside of me. I answered very few tickets the week of the 16th. I was conflicted, but I worked at my full time job >40 hours that week, so it kept my mind off of things a little. The issues continued. I kept suggesting ways we could maybe get some BTC back, arbitrage, etc. We didn't even have enough funds for that. I wanted so bad for the exchange to stay afloat, thinking "Maybe tomorrow will bring us back our volume!" But alas, the problems with Zeit, and BTC withdrawals killed our volume. There was no coming back.
 
We saw some volume on Blackcoin, until the blockchain freeze. I stayed up as late as I could, but saw no update. I woke up the next morning, to panic. People were placing ridiculous buy orders in the market. I had just the night before been given permissions to access functions such as enabling/disabling markets, or putting a coin in maintenance mode. I quickly assessed what I could, and closed the markets, canceled the orders, and put the wallet in maintenance mode. I called Devianttwo on the phone # I was give for emergencies only, and he told me he was not going to be able to fix it at the moment. This was at 10:30AM EST on the 24th. I went to work, already late from the mess I had to help resolve.
 
Upon returning home I learned that my worst fears were true. Blackcoin Daemon was empty besides ~53 coins. The same bug that affected Zeitcoin I assume.
 
I was broken. Everything was falling apart. I tried to talk to Link into closing the site, but he keeps resisting it. It was futile.
 
Then Fyrstikken exploded on rat4. Chat logs were flying. I tried to contain the FUD but it was useless. Fyrstikken had done his damage. Devianttwo couldn't keep a good PR face on for more than 3 minutes.
 
I confided in my best friend and roommate all that I knew, and he said that I knew what I had to do. And I did know. And so here it is. I feel so bad writing this, Link has become a friend to me. But I cannot let the community suffer anymore with this exchange.
 
So to everyone at CryptoRush  I am sorry. To all the users who have, or will lose funds here, I am sorry. I don't think you can understand how heavy this whole situation weighs on my heart.
 
There is a lot of money in crypto, and Fyrstikken is an angry guy. I don't know if I should fear for my safety or not.
 
But what Snowden did was right, and what I am doing is right.
 
My sincerest regrets,
 
DogeyMcDoge.
 
http://imgur.com/sfhgQgV

Cash out your BTC with ECC, then do whatever you want after that just so you can get your Money Out !

It sucks they dont allow me to withdrew morethan 0.00100000!!! you can only withdrew the minimum -0.00060000 fee. WTF!!!