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Topic: Don't Deposit on Cryptsy ! You wont be able to withdraw ! - page 3. (Read 3221 times)

sr. member
Activity: 336
Merit: 250
www.DonateMedia.org
Sorry to hear it.  Too bad you missed the multiple threads on here where everyone's been sharing their experiences, which have been very similar to yours.  Cryptsy has yet to address all of this officially yet, to the best of my knowledge, and the fact that they haven't, coupled with the loss of customer confidence means that they're probably getting ready to Gox. 

Thank you for your understanding. From one side I didnt lose much. It's more like you said, they acting now like Gox or even Gawminers, they are paycoining everyone. ( For those who are in crypto since more than a year will understand )

One of the main problems I faced into crypto was the scamS and all the greed of people around. ( myself include )

I guess there is some stuff that wont change even with time Tongue

At least the best decision I made into crypto was to buy the mining rigs and mine at home. ( S4 + S5 ) I think that is the best way to survive around into the cryptoworld.

To get back on topic, for those who read that post, just dont make business anymore with cryptsy and dont trust anyone that has some ''long term project''.

Ok enough drunk talk, time to log off !



legendary
Activity: 3556
Merit: 7011
Top Crypto Casino
Sorry to hear it.  Too bad you missed the multiple threads on here where everyone's been sharing their experiences, which have been very similar to yours.  Cryptsy has yet to address all of this officially yet, to the best of my knowledge, and the fact that they haven't, coupled with the loss of customer confidence means that they're probably getting ready to Gox. 
sr. member
Activity: 336
Merit: 250
www.DonateMedia.org
I wish you a great luck to you too.

From now on it will be home mining + hashnest and nothing else, fuck it.
newbie
Activity: 8
Merit: 0
I was in your shoes the other day, with the Tickets they only say they have complex system issues, but they can cancel your withdraw withing minutes.
I was able to withdraw my coins in DOGE, but took a big loss, due to the higher price difference from other exchanges. I am Done with cryptsy too.
Good luck to you my friend.
sr. member
Activity: 336
Merit: 250
www.DonateMedia.org
Yeah I was making about 30% profit marging with Titscoin to BTC from bittrex to cryptsy and Boom... Withdraw stolen.

Cryptsy's prices are all very very illiquid. They have been using a fractional reserve model as far as I know.

Which is what the banks are doing, basically.

Thanks for the info Monnt, greatly appreciated.
legendary
Activity: 938
Merit: 1002
Yeah I was making about 30% profit marging with Titscoin to BTC from bittrex to cryptsy and Boom... Withdraw stolen.

Cryptsy's prices are all very very illiquid. They have been using a fractional reserve model as far as I know.

Which is what the banks are doing, basically.
sr. member
Activity: 336
Merit: 250
www.DonateMedia.org
Yeah I was making about 30% profit marging with Titscoin to BTC from bittrex to cryptsy and Boom... Withdraw stolen.
legendary
Activity: 938
Merit: 1002
I made a deposit today, took more blocks confirmations than the other exchanges online...But thats ok, I'm used to it since a year.

I tried a shot trading today and would let a chance...Was making around 10$ USD..everything went smooth and fine for intrading.

Then I made a withdrawal...No confirmation, no txid, for about 4 hours.

No answers from tickets...They lock everyone from chat telling they dont receive their withdrawals, and on the forum support website theres some people who didnt received their withdrawals and they are waiting for now about 18 days...

18 DAYS...

Is there any people suing them or whatever ? They are destroying the crypto community by stealing the funds of people..

Yes I'm angry, and I think I'm right to be.

Yes... Indeed Cryptsy has failed to process withdrawals. You shouldn't really have taken that risk and went anyway with all the accusations right now growing on Bitcointalk and elsewhere.

i nearly fell for it too when I saw how overpriced Doge was on Cryptsy, and wanted to make some money arbitraging.
sr. member
Activity: 336
Merit: 250
www.DonateMedia.org
I made a deposit today, took more blocks confirmations than the other exchanges online...But thats ok, I'm used to it since a year.

I tried a shot trading today and would let a chance...Was making around 10$ USD..everything went smooth and fine for intrading.

Then I made a withdrawal...No confirmation, no txid, for about 4 hours.

No answers from tickets...They lock everyone from chat telling they dont receive their withdrawals, and on the forum support website theres some people who didnt received their withdrawals and they are waiting for now about 18 days...

18 DAYS...

Is there any people suing them or whatever ? They are destroying the crypto community by stealing the funds of people..

Yes I'm angry, and I think I'm right to be.
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