Post
Topic
Board Service Discussion (Altcoins)
Re: YBC coin confiscated by Cryptsy
by
gaming88ltd
on 01/02/2015, 10:58:02 UTC
Yes Migga,
the end result is definitely to take your BTc and run far away from Cryptsy.
Now the only problem with the selling of your YBC is that it will not be a 15% loss,
Here is an example:

Allcoin YBC/BTC exchange rate:  Buy orders for YBC

Buy Orders
Price   Amount(YBC)   Total(BTC)
0.00437399   29.81   0.13038864
0.00435753   14.720527   0.06414514
0.00435704   40.9386   0.17837112
0.00434958   7.46   0.03244787
0.00432575   5.18883   0.02244558
0.00430262   48.77258   0.20984988
0.00423034   3.49600741   0.01478930
0.00422963   14.3   0.06048371
0.00422493   37.57041   0.15873235
0.00417540   49.928025   0.20846948
0.00410789   1.893   0.00777624
0.00406332   2   0.00812664
0.00380238   3.68   0.01399276
0.00380001   6.31577285   0.02400000
0.00353091   13.04500823   0.04606075
0.00348992   3.84096197   0.01340465
0.00348990   248.54763115   0.86740638
0.00343033   4000   13.72132000
0.00330000   2.0524852   0.00677320
0.00294638   3.33485497   0.00982575
0.00140001   1   0.00140001
0.00140000   30.30121   0.04242169
0.00102001   2   0.00204002
0.00102000   1   0.00102000
0.00000002   5000   0.00010000
0.00000001   101000   0.00101000

Cryptsy YBC/BTC exchange rate:  Buy orders for YBC

 Buy Orders
Price (BTC)   YBC   Total (BTC)
0.00135678   3.67598284   0.00498750
0.00135677   7.35122386   0.00997392
0.00135675   20.63717074   0.02799948
0.00135662   6.60400000   0.00895912
0.00134377   10.94343479   0.01470546
0.00111005   8.10400000   0.00899585
0.00111000   10.00000000   0.01110000
0.00110900   133.40727556   0.14794867
0.00110000   50.00000000   0.05500000
0.00108000   15.00000000   0.01620000
0.00100066   16.00000000   0.01601056

Take a look at the ridiculously wide gap between the buy price on Cryptsy and the market average.
You'll be losing way more than 15%.

I say every Cryptsy client whose YBC wallet has been effectively frozen should be compensated with
equivalent BTC or their wallets should be released.