Yeah, that's interesting, the other thing is the wallet:
udYSEGNw...
I used to think that it was the Cryptsy hot wallet, but when there were huge withdrawals from Cryptsy, it had no movement whatsover, the withdrawals came out of the huge wallet.
I believe the withdrawer was @Edgar with 999.9 withdrawn. it was very tracable to the big wallet.
Anyone else have any thoughts?
udYSEGNw...
I used to think that it was the Cryptsy hot wallet, but when there were huge withdrawals from Cryptsy, it had no movement whatsover, the withdrawals came out of the huge wallet.
I believe the withdrawer was @Edgar with 999.9 withdrawn. it was very tracable to the big wallet.
Anyone else have any thoughts?
cryptsy has that large coldwallet and their hotwallet with each transaction migrates as a whole. So let's say you withdraw 100 from their hotwallet and 600 would be in it, they would send 100 to you and 500 to an entirely new wallet.
At least it is the proof they are actually having a coldstorage (other than mintpal)
I think they let people deposit to other wallets and use those coins before touching on the hotwallet but i am not sure about that. But if you look long enough around the chain i am sure you can find out the inner workings of cryptsy
At least we know they are likely not fractional reserve with uno