Quote from: DrxGxr on December 07, 2015, 04:41:34 PM

Quote from: Northstar on December 07, 2015, 02:39:40 PM

...back on topic regarding Cryptsy withdrawals. From reading the chat on their site, people are still having issues. It's been 2 weeks now since no one is able to make BTC withdrawals. I did read in the chat yesterday that one guy received his withdrawal after 5 days, but that was only one person. This could very well have been someone associated with Cryptsy, or even if this is a legitimate development, it only goes to show that Cryptsy has essentially become a pyramid scheme now - ongoing deposits fuel previous withdrawal requests, albeit at a very low rate...

I am starting to deliberate whether I should contact the SEC and CFTC about this. I don't want to hurt the greater BTC ecosystem, but at the same time if exchanges continue to run away with people's coins, something must be done about it.

And finally, an article in the news outlets just this morning about this: https://www.cryptocoinsnews.com/cryptsys-bitcoin-withdrawal-troubles-continue/
Unfortunately, the article is a bit half-assed and lacking in detail, and makes it appear that this is an isolated incident. The author should have done a better job researching this issue first. Maybe I should register with another outlet like coindesk and write one myself?

they are trying to manipulate people to cancel their withdrawals and buy alts being held by their very own scumbag friends that are fool up on their website . and i suspect insider trading like what stop this mofos telling their friends info about who owns what and what can be pumped and what not the possibility of abuse is great and this people have showed themselves to be dishonest and untrustworthy so i defiantly would put insider trading past them . scumbag company. i was secretly banned from their chat nobody say a notice saying i was banned not even me just couldn't post anymore apparently you are not allowed to demand your money from them in the chat. only their friends can sit in chat talking crap all day trying to divert attention from the very serious situation created by their friend cryptsy and they all seem to be making money out of it. can someone explain how this is legal/ why the community should feel like breaking some punk faces?

I am beginning to develop a theory that they are trying to coerce people into buying Doge. By limiting all other withdrawals, they are channeling the herd (myself included) into Doge. Cryptsy may very well have deep Doge pockets themselves from the plentiful early mining back in Dec'13, for all we know they could be holding billions of Doge. Now if you force people to buy it, price will go up steadily, providing for a good self-supporting market. The price increases without the need to artificially pump it and risk BTC in the process.

The only question then would be, once they are done, do they release all other withdrawals once more and launch a PR campaign to pretend like nothing major had happened, or do they close up shop for good?