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Topic: Is Cryptsy going the way of Mt. Gox and Mintpal? (Read 1019 times)

legendary
Activity: 1652
Merit: 1007
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December 20, 2015, 01:21:57 PM
#26
The only explanation for this is they got hacked and have no balls to share this info with the public.
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
It sure looks they are doing something fishy. Although there has been no proof that a hack has occured. Something like this has happened.
I am not sure why they didn't blog it and just want to keep everyone in the dark?

Transparency is the key for any company, especially a bitcoin company...

I totally agree!
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
It sure looks they are doing something fishy. Although there has been no proof that a hack has occured. Something like this has happened.
I am not sure why they didn't blog it and just want to keep everyone in the dark?

Transparency is the key for any company, especially a bitcoin company...
legendary
Activity: 938
Merit: 1000
I want to think that this is just a consequence of high number of coins listed,  Maybe they lose a lot of time in some ? coins that are releasing uptdates each day Cheesy  instead of focusing on primary but this is a mere supposition.
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
Well so much for the Avalon 6 I was going to buy...  WD's still PENDING.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
People here has been warned a lot, cryptsy implemented some new measuresin terms of a high fee and also the withdrawal review on every transaction.
For me that's a reason something happened. Maybe a hack of one of their hot wallets.
sr. member
Activity: 476
Merit: 250
It's a matter of weeks before they close shop nowl
The amount of threads about cryptsy are increasing every day. No company,  healthy or not can handle that..
hero member
Activity: 636
Merit: 516
Hi all,

Out of curiosity, performed a whois against bitebi9.com (cant believe something this simple hasnt been done yet):

Domain Name: BITEBI9.COM
Registry Domain ID: 1956688119_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.enom.com
Registrar URL: www.enom.com
Updated Date: 2015-08-31T19:33:25.00Z
Creation Date: 2015-09-01T02:33:25.00Z
Registrar Registration Expiration Date: 2016-09-01T02:33:25.00Z
Registrar: ENOM, INC.
Registrar IANA ID: 48
Domain Status: clientTransferProhibited https://www.icann.org/epp#clientTransferProhibited
Registry Registrant ID:
Registrant Name: BAO LUO
Registrant Organization: BAO LUO TECHNOLOGY COMPANY LIMITED
Registrant Street: XINGHAI SQUARE
Registrant City: DALIAN
Registrant State/Province: LAONING
Registrant Postal Code: 116000
Registrant Country: CN
Registrant Phone: +86.15524596808
Registrant Phone Ext:
Registrant Fax: +1.
Registrant Fax Ext:
Registrant Email: Email Masking [email protected]

Anyone else, feel free to find a whois service and do the same.
Notice the registrant email ([email protected]) - copy paste modifies this from the whois engine i used.

barrystyle
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
BTC withdrawal still PENDING.
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
People there are bailing, trading BTC for DOGE and taking a 30% hit.  I'm hoping they get the issue straightened out soon....
sr. member
Activity: 406
Merit: 250
Dammit it's getting worse and worse every day.
Even they had all the right intention, their name is ruined now.
Which investor would consider cryptsy after checking all these threads??
sr. member
Activity: 302
Merit: 250
Never before 11 P.M.
I watched two people get banned by JShock saying that Cryptsy was insolvent or becoming the next mtgox.

It was hilarious.  (And it's probably true.)
legendary
Activity: 1526
Merit: 1000
I'd be willing to think such a thing might happen, but there isn't any proof aside from some people having their withdrawals take a long time.

If there is anyone on the inside that would be willing to say something, or more information about what is actually happening in the exchange, it would be beneficial for a lot of people.

I hope that your coins are safe, and that you get them soon.

No proof aside from them not being able to do what they are supposed to do. Sounds safe to me.
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
They did cancel my WD. (I was over the limit for my tier).  So I sent a smaller amount.  AND WE WAIT!!
legendary
Activity: 1019
Merit: 1003
Senior Developer and founder of ViMeAv ICT
When you ask info about the reason withdrawal is not working, on the chat, you will be banned.
I got banned after asking which coins could be withdrawed right now.
This is really not good.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
There are numerous threads here about the shenanigans at Cryptsy, basically all saying the same thing.  What I've heard is that you can trade btc-->doge, but the doge price has been inflated, and there's the withdrawal fee on top of it.  But if it works, do it because it's not looking like there's any other way to get funds out of there.

It's totally unacceptable that they're not communicating with their customers.  Does anyone know where they operate out of?  I don't remember seeing that in another thread.  Perhaps the disgruntled should picket like those two chaps did with Mt. Gox. Tongue
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
I will be worried too if I had such big amount, however, I think that things will get worked out. The exchange is just too big and it will be prosecuted by law if it happened to run with everybody's money. They know it and are likely to do their best to pay users.

legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!
There are people on the chat box (maybe true, maybe not) that have been waiting 2 weeks for a withdrawal!!

i think that person waiting 2 weeks was trolling because he had other issues.

cryptsy have either been manually pushing transactions or on request cancelling the transaction so that balances returned so that people could trade into alts and withdraw alts.

no one can know whats really happening internally, whether they are liquid or not. whether they have issues due to bugs or have been scammed by malleability attacks, whether they been hacked or had a malicious employee.. no one knows its all speculation. i would just suggest finding other methods to withdraw and just wait it out

That was the talk today, convert it to DOGE and WD it.  But all that was doing to inflating the price of DOGE.  I'm sorry, I'm not about to take a 30% hit.  I'm hoping after the work there is done my WD clears.
hero member
Activity: 1106
Merit: 521
At one time Cryptsy was the place to trade Alt coins for BTC.  Well, I have had a 5+ BTC withdrawal suck there for 2 days.  Other exchanges BTC withdrawals are almost instant!  Opened a support ticket and nothing!  A buddy of mine has had his withdrawal stuck for 3 days.

I'm not trying to spread FUD, but am I worried, you bet I am!!  I didn't use Mt. Gox, but lost 2 BTC at Mintpal.

I'm hoping the wallet maintenance will fix the issue, but I'm starting to get worried.

people have been complaining about Cryptsy on here for months now, it aint looking good.  My advice to anyone wanting to trade is not to use cryptsy.  i find Polinex very good, very fast withdrawls.
legendary
Activity: 896
Merit: 1000
cryptsy could also be hacked and lost a lot of their coins due to that. that might be a reason for them to halt withdrawals. or it could be the owner that is stealing the coins from people by not letting them cash out. this is pure speculation. they might also operate in a normal manner after a while. it's too early to compare cryptsy to mtgox or mintpal.
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