Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
Karlog
on 11/09/2014, 12:34:24 UTC
....


We are currently experiencing a problem with our BTCD wallet and getting withdraws out in large amounts. Your current BTCD withdraw has been cancelled and your coins placed back into your balance.

Please feel free to re-initiate your withdraw in smaller increments until we have this problem resolved.

We apologize for any inconvenience this may cause.


Sincerely,
Stephanie
Cryptsy.com


.... -.-' SCAM company
This isn't a scam and James posted a few pages back that he has been in contact with Cryptsy and has a theory on the issue they are experiencing.  It does seem that smaller withdrawals are working - they processed 30-odd of mine last night after raising a support ticket, but I haven't tried again today.

It is not a scam...
Withdrawal fees: Bittrex 0.02 and Cryptsy 0.01 per transaction

If I wanted to withdraw 1000BTCD from bittrex it would cost me 0.02 in transaction fees.
If I wanted to withdraw 1000BTCD from cryptsy I would need to issue 20 with draws at say 50BTCD each at a transaction fee of 0.01 per withdrawal for a total of 0.2 BTCD for the 20 transactions. 10 times higher and a hell of a lot more time consuming.

Might not be a scam but it just... well it smells. Sometime you look at a piece of code and you think to yourself... "hmm this just doesn't smell right". Crypsty gives me the same feeling.

What I am eluding to is described here: http://en.wikipedia.org/wiki/Code_smell


If cryptsy really care about its customers, then they should make a workaround, and reduce the fees. That way i would still consider using them later down the road, but when i have to use a lot of time and effort to get my coins out && pay a lot in fees... For me it looks like that they just are going for the fast cash.

they COULD behind the seen make that if you take more than x coins out, you pay our normal fee and the split the withdrawal in some smaller potions. I know that it would be better to find the error, but it could work for a short period of time.

But i think that cryptsy like the coins that they are getting by staking so they have all the time in the world.