My day just took a turn for the worst

kelceyott

full member

Activity: 192

Merit: 100

Quote from: Vivisector999 on July 12, 2017, 11:36:54 AM

I know the feeling. I lost around 20 LTC, about 80,000 DOGE, and piles of other coins on Cryptsy.

Oh Well... Lesson learned about not saving things on an online exchange. For me anyways.

I understand the feeling of losing something. Losing money is worse and sadder. Me too when I participate in a hard-working, bitcoin-hard-working campaign to make money, but when the bitcoin costs are low I am very sad, sometimes want to quit the bitcoin campaign.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

Lesson learned, that's why don't storing your coin into online wallet or exchange wallet, use for exchange only.
I have same situation and I know that feel when your coins lose, in my case mintpal took my coin, they claimed got DDoS attack and suddenly they balance runs out, I have btc and some altcoin there, they gave me back my btc but the rest of altcoin is gone. In this case I got lesson learned, and be more careful to make a transaction for every trade.

Willitivity

sr. member

Activity: 1190

Merit: 256

Ooh, sorry for your loss mate
In this world of Crypto trading, things can get pretty messy atimes.
Once had such a horrible experience, but had to live over it and put it in the past
Just focus on the brighter side, things will get better.

psiksenz

full member

Activity: 252

Merit: 100

Quote from: AlwaysInna on July 13, 2017, 02:45:39 PM

Quote from: ZoranGajic on July 12, 2017, 02:21:42 PM

That's bad! I personally know a guy that lost all his savings for the same reason. On the other hand I don't know how to feel about my "mistake". I had a chance to buy 10k bitcoins for around 100 USD years ago when the price was something like 0.01$ for a bitcoin but my friend failed to convince me into buying... We went to Mcdonald's instead LOL :')

I know this doesn't mean anything. Actually buying them and then losing to exchange fail or lost wallet or whatever, is much much worse! But I will never forget that day. We were checking forums on the topic for hours, discussing and thinking about it and it all seemed to me that bitcoin is something that simply won't work. *BIG SELF SLAP*

Of course I changed my complete belief system... I am now a changed man :p

-.-

Well... your friend has it way worse if he found a buyer! lol

Forgive yourself & live life

I regret selling $ATVI at $37 a share last year (at 85% profit)! It broke $61 yesterday, could have 300% profit just by holding longer... Ok, nothing compared to what some altcoin holders made, but it just feels worse because I did own the shares.

Same for your friend, he actually had them in his pocket, imagine his paaaain now.

87% is still a great return on most markets and its difficult to call the top. You never know, you might be able to buy in again under $37 if theres a major dip to come, not sure if its due for any correction though.

AlwaysInna

newbie

Activity: 4

Merit: 0

Quote from: ZoranGajic on July 12, 2017, 02:21:42 PM

That's bad! I personally know a guy that lost all his savings for the same reason. On the other hand I don't know how to feel about my "mistake". I had a chance to buy 10k bitcoins for around 100 USD years ago when the price was something like 0.01$ for a bitcoin but my friend failed to convince me into buying... We went to Mcdonald's instead LOL :')

I know this doesn't mean anything. Actually buying them and then losing to exchange fail or lost wallet or whatever, is much much worse! But I will never forget that day. We were checking forums on the topic for hours, discussing and thinking about it and it all seemed to me that bitcoin is something that simply won't work. *BIG SELF SLAP*

Of course I changed my complete belief system... I am now a changed man :p

-.-

Well... your friend has it way worse if he found a buyer! lol

Forgive yourself & live life

I regret selling $ATVI at $37 a share last year (at 85% profit)! It broke $61 yesterday, could have 300% profit just by holding longer... Ok, nothing compared to what some altcoin holders made, but it just feels worse because I did own the shares.

Same for your friend, he actually had them in his pocket, imagine his paaaain now.

hase0278

hero member

Activity: 882

Merit: 544

Quote from: concept2 on July 12, 2017, 02:08:53 PM

I have not heard about cryptsy before. Was it a big exchange? I can not believe that an exchange can turn into a scammer after one night. Damn. If we can not trust the exchange, how can we trade our coin and make profit with it? how can we buy other cryptocurrencies without an exchange?

Cryptsy was not that big of an exchange but it was a really good one when it was still up. This story is pretty usual in cryptoworld so don't trust any exchange in storing your coins but still you can trade and make profit with it. Just remember that if you plan to hold long term, put it into a safe wallet that you control/ own the private key of the specific wallet.

psiksenz

full member

Activity: 252

Merit: 100

Damn that sucks, the American based exchanges these days are under maximum scrutiny, governments gotta have their pound of flesh ;P I really should start storing my coins in my own wallets, my entire portfolio in spread over a few exchanges. Well I have some loose change in my wallets, but thats it. Not the safest plan I know!

magnetique

full member

Activity: 166

Merit: 100

It was largest in mumber of altcoins as on cryptsy you could find many coins, also exotic ones
I was using it on that time but not liked it, it always looked very crappy
also kept some coins there but some shit ones, which even don't exist today so no loss for me

Vivisector999

hero member

Activity: 541

Merit: 500

Ouch, yeah that would suck as well.

As for the other question. Cryptsy about 2 years ago was pretty much the largest altcoin exchange. Not on the levels of the large BTC exchanges. But it would be similar to what Bittrex or Poloniex is now.

Here this should answer it best.

http://www.coindesk.com/cryptsy-ceo-millions-digital-currency-steal/

ZoranGajic

newbie

Activity: 29

Merit: 0

That's bad! I personally know a guy that lost all his savings for the same reason. On the other hand I don't know how to feel about my "mistake". I had a chance to buy 10k bitcoins for around 100 USD years ago when the price was something like 0.01$ for a bitcoin but my friend failed to convince me into buying... We went to Mcdonald's instead LOL :')

I know this doesn't mean anything. Actually buying them and then losing to exchange fail or lost wallet or whatever, is much much worse! But I will never forget that day. We were checking forums on the topic for hours, discussing and thinking about it and it all seemed to me that bitcoin is something that simply won't work. *BIG SELF SLAP*

Of course I changed my complete belief system... I am now a changed man :p

-.-

concept2

sr. member

Activity: 750

Merit: 258

Quote from: Vivisector999 on July 12, 2017, 01:29:57 PM

Cryptsy went under about 1.5 years ago. He claimed that the main wallet for the site was hacked, so he had to close down. Others say he ran with the profits. Either way, pretty sure I won't be seeing any of my missing coins again. If you joined in the class action lawsuit, you might see something yet.

I have not heard about cryptsy before. Was it a big exchange? I can not believe that an exchange can turn into a scammer after one night. Damn. If we can not trust the exchange, how can we trade our coin and make profit with it? how can we buy other cryptocurrencies without an exchange?

ArachAttack

newbie

Activity: 14

Merit: 0

Quote from: bustabitsboy on July 12, 2017, 01:36:49 PM

Quote from: Vivisector999 on July 12, 2017, 01:29:57 PM

Cryptsy went under about 1.5 years ago. He claimed that the main wallet for the site was hacked, so he had to close down. Others say he ran with the profits. Either way, pretty sure I won't be seeing any of my missing coins again. If you joined in the class action lawsuit, you might see something yet.

20 ltc is like what, 800$ if that. i doubt its worthy joining a class action lawsuit

Number is a strenght in this case...

bustabitsboy

member

Activity: 318

Merit: 10

Quote from: Vivisector999 on July 12, 2017, 01:29:57 PM

Cryptsy went under about 1.5 years ago. He claimed that the main wallet for the site was hacked, so he had to close down. Others say he ran with the profits. Either way, pretty sure I won't be seeing any of my missing coins again. If you joined in the class action lawsuit, you might see something yet.

20 ltc is like what, 800$ if that. i doubt its worthy joining a class action lawsuit

Vivisector999

hero member

Activity: 541

Merit: 500

Cryptsy went under about 1.5 years ago. He claimed that the main wallet for the site was hacked, so he had to close down. Others say he ran with the profits. Either way, pretty sure I won't be seeing any of my missing coins again. If you joined in the class action lawsuit, you might see something yet.

psiksenz

full member

Activity: 252

Merit: 100

Quote from: bustabitsboy on July 12, 2017, 11:01:04 AM

i was having a lovely cup of coffee, when i scrolled through the recent threads and i saw something cryptsy, and then it hit me. i had nearly 20 ltc stashed in there from nearly 2 years ago. Dam how i wish i withdrew those Cheesy

What happened to cryptsy? Thats bad luck if you've lost those, the worst I've lost is 28 namecoin that was delisted on cex.io. Hope you've got other good coins in your portfolio, make another cup of coffee and think about those Wink

Vivisector999

hero member

Activity: 541

Merit: 500

I know the feeling. I lost around 20 LTC, about 80,000 DOGE, and piles of other coins on Cryptsy.

Oh Well... Lesson learned about not saving things on an online exchange. For me anyways.

bustabitsboy

member

Activity: 318

Merit: 10

i was having a lovely cup of coffee, when i scrolled through the recent threads and i saw something cryptsy, and then it hit me. i had nearly 20 ltc stashed in there from nearly 2 years ago. Dam how i wish i withdrew those Cheesy

Topic: My day just took a turn for the worst (Read 1194 times)