How to Use the Online Cryptocurrency Exchange Cryptsy.com
Cryptsy.com is a popular online exchange for digital currencies. However, the trading process and system can often be difficult to understand; this tutorial will guide you through depositing a cryptocurrency and completing a trade. As an example for this tutorial, we traded Dogecoin for Bitcoin, however you can trade any cryptocurrency that Cryptsy supports. 1. Go to Cryptsy.com. Click 'Register New Account' in the top right. Fill out all of the requested information and confirm your email as you're told. Go back to Cryptsy.com and click 'Login' at the top right of the website, right next....
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The popular cryptocurrency trading site Cryptsy.com has been having some noticeable issues these past few hours. Users of Cryptsy have been reporting negative balances, frozen transfers, suspended withdrawals. Speculation is that a recent update is causing the issues. Cryptsy is aware of the issues, but no official statement has been released yet. Who's been hit? I spoke to BlackDogeOfWallSt, one of the developers of BlackCoinPool.com (BCP), which has probably been the hardest-hit community from Cryptsy's problems. BCP has had to delay their payments due to the problems. BCP's payouts have....
For nearly twelve hours, Cryptsy.com, an elder "alt coin" exchange which has been the subject of semi-regular community outrage for various reasons, has been inaccessible. According to one of the exchange's proprietors, Paul Vernon, the site has suffered a DDoS attack not unlike the one CCN has been experiencing as of late. Website offline due to denial of service attack. We are working to mitigate. - BigVern (@cryptsy) November 25, 2015. The difference is that CCN has managed to come back online in a matter of a couple hours, not half a day. More importantly, CCN isn't holding onto....
Today, the Cryptsy team has a total liability of 10,000 BTC, which based on the price of bitcoin at the time of writing is equivalent to US$3.8 million. As of now, the Cryptsy team is is trying to find a new owner or an investor to take over the exchange. The Cryptsy team considers “Spread the loss to all users in the system and allow trades to continue.” The alleged operator of Cryptsy stated that many suggested this option for the Cryptsy team to implement. However, by the looks of the users, it seems like not many users will be willing to adapt to this “solution.” Cryptsy, amid various....
This writer has received more complaints about Cryptsy since his last story on the subject than he has billing notices. Seriously. Some of them were messages of support, some were further complaints. Most of them had a common theme: Cryptsy won’t let the customer withdraw his or her funds. Within the last 24 hours, Cryptsy had some serious downtime. Their message was simple and, at this point, expected: “Trade engine and withdrawals paused while we investigate cause of lag. Your patience is appreciated. Thank you.” Something should be gotten out of the way: with as many dissatisfied....
In response to Coinfire's article, which piled up a long list of allegations and accusations against Cryptsy, we reached out to Paul Vernon, the CEO of Cryptsy, to try to get his voice out to the public and go through his defenses against Coinfire's vicious attacks!! Here is how the interview went on: Tamer: Who would you narrate to Newsbtc 's readers the "Cryptsy" story? Paul: Cryptsy was created as a hobby, because I was running around 25 different altcoin pools, from litecoin to Mintcoin to Feathercoin and many other coins. I just can't name them all. I had too many different pools and....