Topic: Attention Cryptsy Users: Somethings Very Wrong With Cryptsy Lately. Be Advised. (Read 2888 times)

If I had to chose only place to leave coins for day trading purposes then that would have been poloniex. Anything else is a big risk imo.

Yes this is very true, that's how the shit/scamcoins get on there to begin with. Bter was proven to have made its own coin to pump and dump. (At least one)

Small teams making money from unaware investors- the game is to rigged to even bother

UPDATE:

I want to keep the community updated.  And clarify the situation for anyone who might be a Cryptsy user, and of course be more then fair to Cryptsy.

It took way too long, but this issue has finally been resolved. 

The good news is Cryptsy wasn’t running with the coins.  Thank God.  The coins were deposited in the wrong account. 

While Cryptsy handled the customer support poorly, ignoring us for days at time, the good news is, Cryptsy wasn’t running with the cash.

Hopefully this was an isolated incident and/or Cryptsy streamlines their client support.  All things considered, I’ll tentatively continue business with them when necessary.

Just a little update, had a few deposits go to cryptsy, and everything seems to be fine so far. Hopefully, this is just a problem with the op's account, which, hopefully, gets fixed soon

Very interesting, will be keeping a eye out now with deposits. Thanks for the heads up !

I haven't made thousands of trades, but easily in the hundreds. A problem every once in a while, but never anything that wasn't resolved by waiting a couple of minutes or by logging off and back on. Also, I keep my few alts (currently only holding LTC and DOGE) in offline storage.
If I experienced an issue for days, like the OP, that they couldn't fix- I, too, would be upset.

Yeah. I was the lucky one as well as I never had any issue thus far using their service. Considering they have been so long in the business there's really no reason for them to have some isolated case jeopardize their reputation. Following this closely to see the final outcome.

....invest in a fiat plumbing system for banks in the first place.

(And then choose Cryptsy to cash it out).

Cryptsy coin loss procedure:

[1] - create order
[2] - procedure complete

ok - now I've had my comedy mileage out of this case I'll try to help a bit if I can:

Cryptsy, in my experience has 2 characteristics:

[1] - their platform is probably the buggiest in the world (e.g. when I traded there I encountered all sorts of hair-stand-on-end conditions such as negative balances and such. I managed to trade my way back to something that looked sensible but I had to check back every day to check some 'ghost order' hadn't come back to f*ck up my portfolio). That's how bad it is, so your experience doesn't surprise me in the least

[2] - on the positive side I never found them to be willingly malicious. They usually did try to sort things out, it's just that the platform was so unbelievable crap that it was difficult to tell

I would keep trying. Try a few things to 'reset' your account such as:

 - deposit and withdraw a tiny few ripple to 'clean' the pipes (seriously ! that's the type of thing you need to do over there)
 - do the same with a trade. Buy and sell a few ripple to attempt to force a balance update etc
 - keep trying to contact Cryptsy and use alternative channels such as twitter etc
 - if you don't get anywhere in another couple of days just raise merry hell
 - if you don't get anywhere in 2 weeks write the whole lot off and put it down to bad experience and don't buy any ripple or use cryptsy ever again

Until we get a viable P2P exchange counter party risk is something we have to live with.  Transferring coins in, doing the trade, then transferring them out.  That is if the exchange honors the actual deposit & withdrawals... Which Cryptsy, so far, has failed to do in this particular case.

Why the fuck would anyone EVER store any significant amount of coins on an exchange, especially one like cryptsy. Seriously. You're basically ASKING to get ripped off.

Not to point out the obvious white elephant in the room, but the problem with Cryptsy are all the altcoins.

Even Realsolid at mcxNOW?
No way! He'd never come out with a Real-coin or RealSolidcoin and start his own exchange to sell it...

All of these exchanges are in bed with the scamcoin and shitcoin creators - all of them. Some exchanges even make own coins. There is no exception. All of the exchanges are corrupt.

Then why do they list them in the first place?  While Bittrex gives advance notice, "This coin will be delisted in 2 weeks if the daily volume does not exceed .2 BTC", Poloniex sells you a coin and the next day they say they're delisting it, no discussion, no warning.  In December Poloniex announced 17 delistings in one day of coins that apparently weren't worth having - which was over 10% of all their coins.  And why?  To make room for new crap that they will eventually delist.

Not sure how the system on stop losses works but that could be one of the probability that leads to the problem. In fx exchange, there can never be short of buyers and sellers but in certain cryptos where trading volume is low, that is most likely to happen.

Yeah, I'll tell you what's wrong: it's turning into a SCAM

Just say no to alts, I wasted at-least 8 months of my life messing around trading/mining/creating one. Main benefit is my understanding of Bitcoin as a whole is much better, in my mind sidechains will eventually kill most existing chains which refuse to peg to Bitcoin as a Sidechain. Sites like Cryptsy might be phased out altogether as advances in/ontop of the protocol emerge.

From what I've heard, cryptsy is like the main place to go to purchase and hold the worst of the worst of the shitcoins. My friend, who's had a habit of using a portion of his meager overall bitcoin holdings to purchase crap coins there, had an email alert pop up of someone trying to sneak into his account. He's into the cannibascoin stuff falling prey to all the hype of the organizer thinking it'll 'take off' one day but lucky for him he was able to lock down this account - don't ask me how - and claims he just won't use it anymore until he hopes to exit those coins for bitcoin. However, he still doesn't get that their may never be any other users there that will want his stash of crap. I at least give poloniex credit for de-listing certain coins that are over the top garbage. They have enough alts there to satisfy one's appetite for such things and seem to be head and shoulders more legitimate than cryptsy, just sayin.

Yes, Same thing happened to me, stop loos not work, disappear!

That won't happen. Don't go getting yourself all worked up.