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Topic: The 502 and 504 errors as well as the "lag" on Cryptsy are deliberate and a SCAM (Read 6269 times)

member
Activity: 98
Merit: 10
I think everyone should quit their bitching. The purpose of crypto-currency is to use it as a medium of exchange for goods and service? Instead, everyone spends time trying to trade against other currencies for monetary gain for one single purpose.....greed. Don't be mad that cryptsy is better at this process than you. Shut up, put your head down and go to work on making a better exchange that allows fair trading .......oh wait, no you can't........yea

Btw, remember the Facebook IPO and how many people got fucked on that day when market orders froze for 2 hours while people watched the price fall off. It happens in regulated markets too.
newbie
Activity: 5
Merit: 0
This was definitely manipulation by Cryptsy. Before the big recent upswing I predicted Cryptsy would hold deposits if the price started climbing and thus kept my Vert on cryptsy for this very reason. Sure enough everyone I was talking with on Ventrilo had been waiting for hours for their deposits to post. Meanwhile I had already send 2 separate deposits to Coinmarket.io which were nearly instantly received. As soon as the price fell everyones deposits posted. They are restricting supply when demand is high to sell their own.
sr. member
Activity: 462
Merit: 500
im startiong to think the same.

lets hope coinmarket.io gets more coins at least they are fast and when they are issues they keep us upto date

You might want to go read coinmarket's support thread now, they basically told everyone to fuck off and die if you have problems and don't like how site is working. They closed the support thread because they were fighting with one of their customers, the site is having tons of problems and now no support. They said they won't shed any tears if people leave, don't let the door hit you in the ass on the way out basically. This person from coinmarket must want to have his business go into the shitter if this is how they respond to people having problems, missing deposits, negative balances, thought they were going to be better than cryptsy. Now I am too worried to put anymore coins on coinmarket.io after seeing the attitude they have.

https://bitcointalk.org/index.php?topic=422153.2400

Thanks for that...interesting reading.

The Wild West saga continues...
member
Activity: 98
Merit: 10
im startiong to think the same.

lets hope coinmarket.io gets more coins at least they are fast and when they are issues they keep us upto date

You might want to go read coinmarket's support thread now, they basically told everyone to fuck off and die if you have problems and don't like how site is working. They closed the support thread because they were fighting with one of their customers, the site is having tons of problems and now no support. They said they won't shed any tears if people leave, don't let the door hit you in the ass on the way out basically. This person from coinmarket must want to have his business go into the shitter if this is how they respond to people having problems, missing deposits, negative balances, thought they were going to be better than cryptsy. Now I am too worried to put anymore coins on coinmarket.io after seeing the attitude they have.

https://bitcointalk.org/index.php?topic=422153.2400
member
Activity: 61
Merit: 10
Agree with the OP 100%. If this was a regulated stock exchange these guys would've been arrested long ago.
In the early days of electronic trading, exchanges that could not handle the volume of orders and messages were costing people $100k+. It happened on a daily basis. Those exchanges are still open.

Oh, and those exchanges had 3-5hr maintenance windows daily with over 2 full days on the weekends.

Growing pains, my friend.
member
Activity: 61
Merit: 10
It's pretty clear that these errors are an intentional manipulation by Cryptsy staff. I had two computers running, both watching a coin being traded. I could see the transactions going through and everything. On my first computer, I hit the refresh button and was slammed with a 504 error saying that the server timed out. Bullshit. On my second computer, I could still see trades being made, and could even place trades myself. I used a Chrome plugin to reload ONLY the graph on my second computer and sure enough it loaded properly, meanwhile my first computer is still spitting out 504 errors. Yesterday Cryptsy added Vertcoin onto their exchange, did NOT announce it via twitter like they usually do with all new additions, and then coincidentally upon trying to login everyone was receiving 502 errors. How convenient that some very few people were able to continue making transactions at this time. Most likely Cryptsy staff. Think about it, you have an exchange, you see who's depositing what and where, you likely can see how many people are watching which page, you have the ability to short sell using everyone's pooled wallets, and the biggest one, you have the ability to delay deposits entirely like what happened with Vertcoin users, they had 250 confirmations and up, which means deliberate manipulation by Cryptsy staff so they can sell their own coins. This leaves the doors wide open to being screwed over and scammed by the people running the show like Big Vern. I'd be absolutely shocked if they weren't fucking everyone over. I for one and pulling all my coins out of there ASAP, I've already lost 5 bitcoins simply due to Cryptsy either not being available to me due to errors, from slow deposits/withdrawals, or simply due to them taking forever to make a transaction. 5 Bitcoins is nothing to sneeze at, people get sued for far far less and I'd be lying if I said I wasn't considering it.

TLDR: FUCK CRYPTSY AND FUCK BIG DICKHEAD VERN
Load balancers. How do they work?
full member
Activity: 140
Merit: 100
Is anyone here able to access www.cryptsy.com ?
I've never seen this level of negligence when handling this much money.
Gov needs to step in and shut trading down and let us withdraw our coins.

Fuck that. If you don't like cryptsy, don't use it. There are plenty of alternatives out there. No need to go crying to big gov because your deposit/withdrawal is taking too long.

Personally, I've never used cryptsy. I read threads like this and think, why bother? Coinedup (yes, it's slow, but good volume), vircurex, and poloniex work fine for me.
member
Activity: 112
Merit: 10
502 over an HOUR now. Ridiculous. Can you imagine what would happen if E*Trade were down for an hour? People would get fired, sued, heads would roll and the SEC would launch an investigation.
The maintenance thing is bullshit. You know what any normal company or person would do? Launch a clone site and apply the fixes there, then once that's done port it over.
Any software engineer or programmer worth their salt that is applying changes in a live environment knows how to do this, but Big Bird clearly doesn't.
That would only be a 5 minute hiccup at most. What we are seeing now is one of two things, either a scam being played out, or amateur hour in Big Bird's basement.

Do you have fucking Minitel for an internet connection? Smoke signals? Carrier Pidgeon DSL? Do you even know what a 502/504 error is? It means you're overloading the system servers by making a bunch of page requests every ten seconds so maybe if you just chilled out and waited a few minutes before clicking refresh constantly you'd see some action. Personally, I've never had any problems with my trades, all missing funds have been sorted it out w/ support, and I continue to make a ton of money on cryptsy. It would help if you understood what confirmations are in terms of a crypto network, just saying. But if you feel like you want to pull out of cryptsy just do it and stop bitching, I'm sure the rest of us will have alot better user experience without idiots like you slowing the site down w/ their psuedo-DDoS-retard-clicks. Newsflash -- no exchange is without any of the problems you mentioned. Coinedup is by far slower. And there's a reason most of the prices on coinwarz are from cryptsy -- it's an excellent exchange for what's available. If you look at Mtgox, the supposed #1 exchange, they're in major shit right now and owe 50,000 BTC to customers. That's $43 million dollars. Just to put things in perspective for you, that no exchange is perfect. Deal with it or move on to a new hobby. And advanced tip -- learn how to identify market trends and time your buys/sells rather than frantically trying to jump in on a wave to make 0.0001 BTC.
sr. member
Activity: 452
Merit: 250
I wouldn't defend cryptsy, but I would like to point out cryptos are still relatively new tech. In the early days of online stock exchange, we had very similar issues. The likelyhood that cryptsy's owners are doing something malicious, and risking jail time and a solid business in the U.S. is pretty low. I find it hard to believe they would think they can pull a fast one and get away with it while under this much scrutiny and with this many eyeballs watching.
legendary
Activity: 980
Merit: 1004
i lost so much too, they crapped out at every crucial moment on Vertcoin. It's becoming highly suspicious.

Maybe it's all just an unintentional DDOS because everyone trying to place orders at the same time?
legendary
Activity: 1246
Merit: 1000
just be happy you made it so far, get your money out of Cryptsy before it shuts down for good, sooner or later their servers will be hacked and all the user wallets stolen and cracked, don't wait for that day. It will happen



Any online exchange carries that risk.
legendary
Activity: 1318
Merit: 1040
Looks like cryptsy is actually DDoSing themselves because of poor implementation. Just open devtools in Chrome and go to network panel. You'll be amazed.
sr. member
Activity: 476
Merit: 250
Seems to be back up again now.
legendary
Activity: 1022
Merit: 1001
I dont suspect cryptsy is doing this deliberately, but then I wouldn't rule it out completely either. Seen so much shonky shit go on over the years. Remember Bitcoinica.
sr. member
Activity: 315
Merit: 250
newbie
Activity: 42
Merit: 0
502 over an HOUR now. Ridiculous. Can you imagine what would happen if E*Trade were down for an hour? People would get fired, sued, heads would roll and the SEC would launch an investigation.
The maintenance thing is bullshit. You know what any normal company or person would do? Launch a clone site and apply the fixes there, then once that's done port it over.
Any software engineer or programmer worth their salt that is applying changes in a live environment knows how to do this, but Big Bird clearly doesn't.
That would only be a 5 minute hiccup at most. What we are seeing now is one of two things, either a scam being played out, or amateur hour in Big Bird's basement.
sr. member
Activity: 462
Merit: 500
No, this is not an accidental issue. No site that gets overloaded with 1/10th their peak volume crashes and stays offline for hours at a time, while staff and insiders manipulate and continue trading during the blackout.
This is deliberate and there is indeed malice behind all of this. Right before the 502 error appeared, the site was running great. If the issue was an overload, then it would gradually start running worse.

Shrug. You are clearly convinced, and nothing anyone says will change your mind.
I'll offer this from the Cryptsy twitter feed:
Quote
BigVern ‏@cryptsy  3h
Undergoing maintenance new servers and upgrades. Can experience intermittent connectivity issues. Will clear up in the next few hours.

Haa haaa ha.

Exactly how is this different from every other day ?
newbie
Activity: 42
Merit: 0
He should have paused trading entirely then, but then that would mean insiders can't pump/dump.
I'm waiting for the big "We were hacked and lost everyone's wallets, SORRY!" twitter post.
Also why the hell would he add VERTcoin then right after do maintenance.
sr. member
Activity: 476
Merit: 250
No, this is not an accidental issue. No site that gets overloaded with 1/10th their peak volume crashes and stays offline for hours at a time, while staff and insiders manipulate and continue trading during the blackout.
This is deliberate and there is indeed malice behind all of this. Right before the 502 error appeared, the site was running great. If the issue was an overload, then it would gradually start running worse.

Shrug. You are clearly convinced, and nothing anyone says will change your mind.
I'll offer this from the Cryptsy twitter feed:
Quote
BigVern ‏@cryptsy  3h
Undergoing maintenance new servers and upgrades. Can experience intermittent connectivity issues. Will clear up in the next few hours.
newbie
Activity: 42
Merit: 0
Stop defending Cryptsy, this website is costing people tons of hard earned money, how could anyone not be against that.
This world has gone insane and standards are at an all time low.

I'm not defending them, except to the extent that I think the neverending problems that Cryptsy has are due to incompetence and lack of adequate support, not to malice.
When in doubt, blame Murphy rather than Machiavelli.
The standard of performance provided by Cryptsy is appalling, I don't think there has been a single week in all the time I've used them where there there haven't been major issues, and recently there hasn't been a single day without timeouts.
It is telling, though, that with all this, noone has managed to provide any real competition, which suggests that it isn't as easy as people make out.

During the huge Doge/altcoin spike in December, there was literally 10 times more volume than today and the servers did not get overloaded and in fact ran flawlessly.
No, this is not an accidental issue. No site that gets overloaded with 1/10th their peak volume crashes and stays offline for hours at a time, while staff and insiders manipulate and continue trading during the blackout.
This is deliberate and there is indeed malice behind all of this. Right before the 502 error appeared, the site was running great. If the issue was an overload, then it would gradually start running worse.
This isn't my first picnic with sites getting overloaded and none have acted the way Cryptsy has. We are being duped.
I have to agree, exchange = FAST. Though that would assume that this is all accidental or unplanned for.
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