Author Topic: Cryptsy is back up  (Read 3569 times)

Offline Rockyroad

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Cryptsy is back up
« on: January 07, 2016, 01:58:39 AM »
Cryptsy suspended trading today, 1/6/2016.  They said it was because of the lag time. I'm thinking maybe some other factors at play. Anyway, they are operating again. Who knows how long.

Offline wfever

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Re: Cryptsy is back up
« Reply #1 on: January 07, 2016, 02:08:28 AM »
I've still got pending LTC and BTC withdraws over 3 weeks old so I wouldn't recommend depositing any coins.

Offline AmDD

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Re: Cryptsy is back up
« Reply #2 on: January 07, 2016, 02:09:08 AM »
My LTC withdraw from days ago is still pending. :/

Offline Rockyroad

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Re: Cryptsy is back up
« Reply #3 on: January 07, 2016, 02:33:06 AM »
They are probably in a death spiral.

Offline Searing

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Re: Cryptsy is back up
« Reply #4 on: January 07, 2016, 08:40:40 AM »
They are probably in a death spiral.

I can't find the article...but one of the articles stating that 'Cryptsy is back up .." states that you can only withdraw $22 bucks a day!

anyone find this ...I can't find it anymore ..if so post it here

never used it but looks like they may be 'barely' holding on ...IF they don't allow a mass rush of withdawl of btc ltc etc

looks like an 'unlikely' balancing act ...even assuming they have the funds (at this current btc price) ...they must be a praying like heck to the crypto gods
for $500 buck btc :)

it is unlikely imho that even that will save them...me thinks maybe they lost their ass on alts ..ya think?


Offline Sukarti

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Re: Cryptsy is back up
« Reply #5 on: January 07, 2016, 02:28:42 PM »
They've had a sketchy operation since inception.

I've rarely used them and when I had to, it was coins in, traded, and withdrawn.

Offline Mattzees

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Re: Cryptsy is back up
« Reply #6 on: January 09, 2016, 02:38:19 PM »
I'm owed about 3 BTC from them.  Will post an update if I ever see it.

Offline matt4054

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Re: Cryptsy is back up
« Reply #7 on: January 09, 2016, 03:18:47 PM »
They are reported to have left the building by now.

The writing has been on the wall for a long time. Cryptsy has gone full Gox :(

Offline Rockyroad

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Re: Cryptsy is back up
« Reply #8 on: January 11, 2016, 01:36:04 AM »
Full Gox!  That is hilarious.  I'm going to remember that.  Great saying!  That's like 'one Postal' a few years ago.

Offline Mattzees

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Re: Cryptsy is back up
« Reply #9 on: January 16, 2016, 06:53:44 AM »

Offline Sukarti

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Re: Cryptsy is back up
« Reply #10 on: January 18, 2016, 02:30:32 PM »
So much fail it's not even funny.

Offline Rockyroad

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Re: Cryptsy is back up
« Reply #11 on: January 19, 2016, 02:03:34 AM »
This is in the softpedia article:

"Additionally, the site is still pondering if to file for bankruptcy or to wait for someone to purchase their service and refund users."

That is ridiculous BS.  No one would purchase Crytpsy and then refund their customers approximately $5.7 million.

Offline Mattzees

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Re: Cryptsy is back up
« Reply #12 on: January 19, 2016, 03:03:04 AM »
This is in the softpedia article:

"Additionally, the site is still pondering if to file for bankruptcy or to wait for someone to purchase their service and refund users."

That is ridiculous BS.  No one would purchase Crytpsy and then refund their customers approximately $5.7 million.

I emailed the class-action lawyers today.

Offline Mattzees

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Re: Cryptsy is back up
« Reply #13 on: January 22, 2016, 10:03:36 PM »
Got the lawyer contracts today.  Looks like the lawyers will pretty much take it all. 

Offline CoinHoarder

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Re: Cryptsy is back up
« Reply #14 on: January 23, 2016, 07:02:31 AM »
Got the lawyer contracts today.  Looks like the lawyers will pretty much take it all.

I currently work for a class action claims administrator.

The lawyers always win.  ;)