Quote from: voluntarist500 on June 29, 2014, 02:33:33 PM

Quote from: FallingKnife on June 29, 2014, 02:02:53 PM

I don't doubt that as UNO's major market Cryptsy probably has 40k uno in wallets; probably their broken autoconvert tool sold off everything instantly and they caught it and set it right.

if that is true and cryptsy has in fact 40k in their exchange. TAKE THEM OUT YOU MORONS!!!

40.000 Uno is way to much to have in one exchange!
Move them out! Seriously, people.
A deposit from your desktop-wallet to an exchange takes less than 20minutes. The market does not move that fast that you need to store 40k coins at cryptsy.

Sorry for being loud but we have been dumped on much less than that over the past months. If cryptsy gets 'hacked' today we can seriously abandon altcoins in general. 20% to 25% total supply in one place is nothing we want or a risk we can afford to take. When will you people learn? When?!

I am way beyond my technical expertise about exchanges here, but one thing we learned about Coinex is that they put all of their coins into a single wallet. Cryptsy doesn't do that, or we would easily see it on the richlist. Cryptsy appears to use individual wallets that you can protect with 2FA and email verification. It's a lot easier to "hack" one huge Coinex wallet than thousands of small Cryptsy wallets.

I'm only guessing that Cryptsy might have shown their hand at having about 40k uno last night. 40k out of 190k coins is 21%.... it sounds like a reasonable guess to me as to how much uno Cryptsy may have on their books. Last January at it's peak, the richlist data says Coinex held about 16% of the total uno in it's single wallet, so 21% for Cryptsy doesn't sound crazy.

(Btw, at the time of the purported March 2014 "hack," the richlist data says the Coinex wallet held about 5% of total uno. It also shows that a lot of coins were withdrawn from the wallet in February 2014, during the huge Wolong pump, which makes sense -- people withdrew to sell to Wolong, probably on Cryptsy).