Topic: Whats happened to Cryptsy. (Read 743 times)
thanks for the advice, i'll try that if i can work out how to do it.
A lot of people say that they really liked Cryptsy and the platform was really easy to use, not sure how much the company would have been worth but why would they be so greedy and take everything, they could have sold the company for a good enough profit i would have thought.
How much was lost in total?
How much was lost in total?
It may have been a hack that lead to insolvency, and the easiest thing was to cut and run rather than risk the legal repercussions. That's what many failed businesses in the crypto space seem to do.
Also, their software/UI/matching engine was simply horrible, worthless garbage. And fees could not have compared to total assets; I suppose it could be tempting to exit scam with $5 million - $20 million on the table.
A lot of people say that they really liked Cryptsy and the platform was really easy to use, not sure how much the company would have been worth but why would they be so greedy and take everything, they could have sold the company for a good enough profit i would have thought.
How much was lost in total?
How much was lost in total?
I think something like 16mm-20mm $ but I'm not sure..
I really liked cryptsy in the AUR pump days.. I think it stated going downhill after the XPY pump days..
A lot of people say that they really liked Cryptsy and the platform was really easy to use, not sure how much the company would have been worth but why would they be so greedy and take everything, they could have sold the company for a good enough profit i would have thought.
How much was lost in total?
How much was lost in total?
Cryptsy is dead along with Dogecoin and Peercoins i had left on that site now i stay up late nights crying over my 35 cents that could have been 
lucky you.
i nearly had a half a bitcoin there in my bitcoin wallet and if i am not mistaken i had a couple million NYAN coin there too because there were no other place to trade NYAN at that taim.
RIP Cryptsy. A good exchange while it lasted, but people were calling it a scam for quite a while anyway. OP, you'll find a lot of the stuff that's gone on in the world of crypto since you've been gone very, very interesting. A lot of drama, definitely.
Cryptsy is dead along with Dogecoin and Peercoins i had left on that site now i stay up late nights crying over my 35 cents that could have been
It is dead.
It was near dead when it was living so it didn't make any differences. They were slow and buggy as hell and their support was slower than slowpoke. They couldn't take all the curses from their customers so they shutted the place down.
It was near dead when it was living so it didn't make any differences. They were slow and buggy as hell and their support was slower than slowpoke. They couldn't take all the curses from their customers so they shutted the place down.
yep i know nothing about the master p thing and yeh cryptsy was a good site compared to what was around. whats good to mine at the minute. i've seen theirs a trump coin 
cryptsy is history for now, i remember too that i still have some amount but i am forgot in what altcoins. the hacker is smile when he got hacked cryptsy with big fund on there and transfer all balance into their wallet.
yeah , it was crazy and learned a few things.. here's my timeline from bitcointalk.. https://bitcointalk.org/index.php?topic=1255764.0;topicseen
Oh man did you miss a lot. If you read through the whole thread, everything is there about the debacle. You probably missed the whole Master-P fiasco as well. Welcome back.
I miss Cryptsy myself. They were the first exchange I joined and they served me well up until they went full scam. I've used Yobit to trade altcoins, and Poloniex. They're both good if you have bitcoin to start with. I haven't tried buying anything with USD on either of them.
I miss Cryptsy myself. They were the first exchange I joined and they served me well up until they went full scam. I've used Yobit to trade altcoins, and Poloniex. They're both good if you have bitcoin to start with. I haven't tried buying anything with USD on either of them.
Ouch, I guess this is a rude awakening for you. It wasn't a hack; the consensus is that the founder/chief executive, Paul Vernon, robbed users and fled to China. I've even seen reports that he opened a new cryptocurrency exchange in China, though I can't seem to locate the link now. Sad.
Its all in the link I posted, 1st reply..
there was an hacker that hacked their hot wallet with an iirc bot, from some old coin, the virus was build in the code of that coin, now they are bankrupt, i think next time theys hould use a vpn for every altcoin more secure imho
Not even close..
can someone tell me whats happened to cryptsy. i've not been on this forum since doge coin came out and recently tried to get on to cryptsy but it seems to be down. i have coins on their but can't remember how much.
thanks
thanks
Ouch, I guess this is a rude awakening for you. It wasn't a hack; the consensus is that the founder/chief executive, Paul Vernon, robbed users and fled to China. I've even seen reports that he opened a new cryptocurrency exchange in China, though I can't seem to locate the link now. Sad.
i think i still have all my doge in my wallet. i should update everything and see what i still have. i was well in to mining back then. i've got 2x cross fired vtx3d 7870 black (tahiti limited edition) graphics cards, are they still good enough to mine coins.
there was an hacker that hacked their hot wallet with an iirc bot, from some old coin, the virus was build in the code of that coin, now they are bankrupt, i think next time theys hould use a vpn for every altcoin more secure imho
i have always thought that when you learn bitcoin, you will always be going back to this forum from time to time. so where have you been all these years?
crypsy like the rest of the scam exchange since the dawn of time, they have all had gone gox.
you could have withdraw you doge before crypsy completely deface themselves.
buy on bittrex or polo
crypsy like the rest of the scam exchange since the dawn of time, they have all had gone gox.
you could have withdraw you doge before crypsy completely deface themselves.
buy on bittrex or polo
thanks for that. is their somewhere new that i can buy altcoins from now by any chance?
Read this..
http://cryptsyreceivership.com/v1/wp-content/uploads/2016/08/Notice-of-Filing-Receivers-2nd-Report-8-2-16-full.pdf
First 20ish pages..
That should catch you or anyone up on the matter pretty well for a summary I suppose..
http://cryptsyreceivership.com/v1/wp-content/uploads/2016/08/Notice-of-Filing-Receivers-2nd-Report-8-2-16-full.pdf
First 20ish pages..
That should catch you or anyone up on the matter pretty well for a summary I suppose..
Jump to: