Quote from: halinyo on October 26, 2014, 11:56:05 PM

Quote from: CryptoLTD on October 26, 2014, 03:44:46 PM

Quote from: DigiByte on October 24, 2014, 03:09:03 AM

Quote from: tyson187 on October 24, 2014, 01:05:07 AM

take a look at this

http://www.marketwatch.com/story/silver-law-group-files-lawsuits-against-cryptocurrency-exchanges-bitcoin-savings-trust-and-cryptsy-2014-10-23

looks like cryptsy is in deep shit , I just transfered my digibyte from the exchange to my wallet .

Make sure to transfer all your DigiBytes out of Cryptsy to protect from losses in case this goes south for them. It is never a good idea to leave your DigiBytes or Bitcoin on any exchanged for too long. We have all seen too many exchanges fail.

It seems Cryptsy's practice of putting up a new pump & dump coin every week is now catching up with them. They are partially to blame for the eruption of new scam clones every week.

Unfortunately the timing of this cannot be any worse. Combined with the Mintpal fiasco the alt coin market as taken a huge blow. There is definitely a vacuum right now for a trusted alt coin exchange. We are working hard to fill this void, we have an exchange in alpha, but there is still much work to be done. We are not going to release a platform that is not very solid & secure. We also want to get the exchange insured, but this process is not easy.

Has anyone still not been able to withdraw their coins from Mintpal?

Shocked that the dev made this statement, when there are clearly other exchanges that are far FAR worse. You should keep your nose out of the politics and fix your own issues. Making bold statements like this against the ONLY decent exchange that is US based will hurt your credibility far worse that brick & mortar claims adaptation claims while you still had pre-mine funds, now we look @ weeks for fixes for inoperable algos. Funny how this all works.. when theres premine funds, hype it as much as possible, travel the world.. now that 'suposedly' you dont have premine funds (it seems this is actually the case), its all 2nd priority now. Typical. Want to cast stones, cast them @ exchanges like polo who is the epicenter of IPO scam coins. One more time for clarity, jumping on gossip trains makes you look very unprofessional. That being said, I still have my DGB, but for pete's sake..lets act like grown educated people & not 13 year old pre-pubecent little girls.

Jared has already clarified it above if you put your glasses on ! ... What is your point with this pointless post ?

In case you did not put your glasses on:

Quote from: DigiByte on October 25, 2014, 03:36:15 AM

We have conducted our own research into this matter, including reading the actual suit: http://www.silverlaw.com/files/BitcoinComplaint.pdf

It does appear this lawsuit doesn't have much ground to stand on. Cryptsy is a very easy target, because there is an easy avenue for consumer recourse ( State of Florida, FinCEN). We hope this turns out well for them as this would be a huge blow to everyone in the alt market if they were to shutdown. As always, it is a good idea to only move coins to an exchange when you are ready to trade.

My point is QUITE clear. Jared, Like most youngins tend to jump on bandwagons of gossipy crap in hopes to go with the ebb & flow of what 'appears' to be 'FACT' & 1st glance. In fact, part of taking him & digibyte seriosly as anything other than a pump & dump so he could get some world travel time in on our dimes is essential right now. Jumping to conclusions and then retracting statements is NOT the way to do business. May want to see a recent case of this with chip MFGR FTDI. They pretty much just within the past few days destroyed themselves. Retracted now means nothing, its already been documented that jumping to non-factual conclusions is OK for this coin team.Rubbish. See you all on the LTC markets in 2 months. :-D