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Showing 15 of 15 results by frank2
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Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 26/01/2016, 21:45:02 UTC
guys BV now pumping altcoins

as everybody predicted

with help of new chinese friends

BV put his 9 billion DOGE into a pool, his new chinese friends added more billions


maybe BV bought his new residence by giving some free lessons how to pump and dump

after few lessons, all Chinese coins : VPN YBC and so on went crazy

BTW how much Ether BV has ? do not remember from this thread ?

with whom he has teamed to pump Ether ?

is Ether ownership predominantly in China?
Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 26/01/2016, 03:23:39 UTC
today most official news channel of all supported indirectly Cryptsy

confirmed existence of ''The world's 600 virtual currencies''

because if we would not support Cryptsy - this info could be soon outdated as number of virtual currencies might fall below 200 or below 100

REUTERS

http://www.reuters.com/article/us-eu-bitcoin-regulations-idUSKCN0V32A3
Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 25/01/2016, 22:11:45 UTC
Nobody would buy Craptsy... who would buy a failed ponzi-scheme exchange with a bad reputation?

If someone wanted to start their own exchange, it would be easier, cheaper, and safer to start from scratch than to buy Craptsy's broken system with pissed off customers for $10M...

these two assumptions - fully agree

1.nobody will buy Cryptsy

2.for an external investor cheaper to finance new exchange ( maybe )

so

Cryptsy could be resurrected only by common effort of 300.000 users ( losers ) as a kind of joint stock company




edit: there is remote similarity with bankrupcy of Greece - avoided only by all losers ( banks in this case ) borrowing more to bankrupt organization

Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 25/01/2016, 19:54:14 UTC
there is value in this house itself : CRYPTSY

if it was penny stock exchange - value of such house would be in billions

if it would go under bankruptcy - lawyers would sell to highest bidders

you say : small coins have no value : how much bigger intrinsic value having diamonds, posts stamps and so on

by allowing lawyers to sell Cryptsy to someone for pennies ( possibly to competitor who would close Cryptsy )

by this action ( or inaction ) - allowing to sell Cryptsy for ZERO - we would confirm ( as you  say) that all altcoins have ZERO value




actually, best outcome for all coin holders would be survival of cryptsy

an option to convert altcoin deposits in stakes in the company or similar

this happens quite often in bankrupcies

but it must be transparent an under our control

IMHO this is possible

that would:

1.prevent deaths of smaller coins

2.give some remote chances for recovery of funds

ordinary bankruptcy - lawyers will take all

What part of Craptsy is bankrupt do people not understand?

There is no money... coins of value were stolen 19 months ago... Craptsy has maybe $100k worth of crapcoins to dole out, so be patient...

Dead coins are worthless because they are scams which were abandoned after the pump-n-dump... don't invest in them, so some research before throwing your money away...
Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 25/01/2016, 19:12:13 UTC
actually, best outcome for all coin holders would be survival of cryptsy

an option to convert altcoin deposits in stakes in the company or similar

this happens quite often in bankrupcies

but it must be transparent an under our control

IMHO this is possible

that would:

1.prevent deaths of smaller coins

2.give some remote chances for recovery of funds

ordinary bankruptcy - lawyers will take all



I think at the very end Cryptsy will finally shut down. Nobody that have been locked there for months will have any interest to start there again. In addition it would be very difficult to get new additional customer here.

The thing is, if the site was to open again with trading and deposits
allowed while keeping some wallets unable to withdraw till tx fees replenish
them, might sound bad to some.

There are a hell of a lot of users with funds tied up in there that the
majority of people would go for this.

All you have to think is do people want to see their  coins again, people will say yes.
Better some rescue plan for us all rather than nothing  in the end.

If the bank-run that happened never did, I have a feeling it would have worked
like has been said.

I know there is a TRUST thing to be got over, but if the cover up was indeed a last
ditch attempt to save  US ALL and was working, the finger should be pointed at the site that gave the
info that caused the bank-run and messed up the plan.

Now MOST of the story is out , where does it leave US ALL ?

If we should see the site become operational again we should all
be there to help , because we all have a stake in it , till ALL wallets
are open again for withdrawals.

I would rather see a trickle of my lost coins , knowing they are eventually
coming back to me , than nothing at all.

I would deposit too ( alt coins ) and if we all put the effort in, the faster
the recovery would be.

Bad mouthing is not going to help. ( At least till you know your money's
gone for good )
i think you are missing out the big part that should go like this
1. cryptsy is liable for the money supposedly stolen hmm i mean embezzled.
2.this money belongs to customers so cryptsy now owes the customers.
3.money put in by customers after event has absolutely nothing to do with the event. the missing money is now cryptsy debts.
4.at no point should new deposits be allocated towards paying off the debts. That means cryptsy now knowingly spending customer funds to pay off its debts to customers i know crazy stuff. = stealing and now site is running a ponzi/pyramid scheme.and is now basically a criminal entity in operation. and not reporting the incident to the authorities only works out for cryptsy and not the current or future customers it plans to steal from in the future commencing from the event
5. cryptsy ran this scam for 18 months. and actually had the diversity to blame a online article for its final demise. still unwilling to take any responsibility for theft/embezzlement/cover up/unreal irresponsibility.
6. he offers this options up has a possible remedy .
 

http://blog.cryptsy.com
quote
1.   We shut down the website and file bankruptcy, letting users file claims via the bankruptcy process and letting the court make the disbursements.
-   or –
2.   Somebody else comes in to purchase and run Cryptsy while also making good on requested withdrawals.
-   or –
3.   If somehow we are able to re-aquire the stolen funds, then we allow all withdrawal requests to process.    


bug vern and cryptsy are clearly insane and/or delusional. are you ?
Post
Topic
Board Meta
Topic OP
We need forum search within single thread with subpages ASAP + advanced search
by
frank2
on 24/01/2016, 17:26:13 UTC
We need urgently new forum search options ASAP

first: option to search within single thread with subpages

second: advanced search option similar to www.google.com/advanced_search

existing forum search is extremely primitive and old-fashioned - after so many years of development

this is really very much needed improvement for huge forum
Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 24/01/2016, 13:36:57 UTC
let's assume this 10.000 wallet is really from Huobi

1.higher in this thread there were allegations that all exchanges ale tightly connected

2.huobi is most secretive of exchanges from China, no public shows, Huobi profile on Bitcointalk - last post Feb, 2014

3.as to huobi - only guesses as for instance:
Okcoin/ Huobi is owned by China Government
https://bitcointalk.org/index.php?topic=1311139.0

4.where are best friends of BigVern? in China (it is where to he had escaped)
now we can safely assume that his best friends are at Huobi

5.with BV military intelligence background : he could be cautious and already parked 10.000 with his anonymous close friends at Huobi
but now with new heat - this type of security would be not enough

BV now wants 100% perfect wash not 99.9%

needs fresh mixing

best possible mixing available = with use of existing exchange which has thousands and thousands of legitimate wallets anyway

similar perfect wash stories were in all altcoins exchange closings : starting from 2014 Cryptorush Mintpal and so on : nobody even bothered to trace stolen coins
similarly with MtGox Bitstamp Bter - nobody really tried to trace stolen huge packs of BTC


Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 24/01/2016, 12:19:41 UTC
normal exchange ?

1.this never had been done before in BTC blockchain on this scale : blockchain volumes up to 1000% or higher this weekend

2.BTC quiet this weekend on exchanges

3.if somebody would like to make record BTC washing - would prefer cold winter weekend ? OK ?

4.did not follow cryptsy bot this time, but seen many times at work at other altcoins : reduced amount is usually same with each transfer
for instance: 10.000 bot splits into 9800+200
next hop : splits 9800 into 9600+200
and so on

it is not really similar to any legitimate payments by any exchange
- why each time is exactly the same amount reduced ?
- why these transactions of this type MUST concentrate in one block?
- and - as seen in altcoins blockchains - such bot behavior for sure was not connected with any payments with this or that altcoin

this bot has to be specially manufactured for mixing

actually, in altcoins is not very typical that unconfirmed amount can be respent in the same block

that confirms suspicions, that Mullick wallets for altcoins were hacked super-wallets
such Cryptsy wallet had much more possibilities that ordinary altcoins user had no access ( as : respending unconfirmed altcoins within single block )

higher in this thread : was checking DASH stolen wallet address:

this stolen DASH wallet underwent similar bot-splitting

Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 24/01/2016, 11:47:24 UTC
this is famous cryptsy bot

it can transfer single amount of altcoins/bitcoin repeatedly within single block

[–]MaChiseMo [score hidden] 8 hours ago*

At 2016-01-24 02:31:21, 9612 btc was progressively sent over and over at a decreasing rate over thousands of transactions until 7906 was left. Theft and laundering sounds about right.

Edit: Here you go, it was 10000 btc 1.5 days ago from 376 other addresses: https://www.blocktrail.com/BTC/address/18SwPkgUHFo8QLh5fMcchKvmUVrFNxXF6B/transactions Surely this is Cryptsy-related?

[–]jamaicanbind [score hidden] 7 hours ago

It looks like it was the same 9000 or so coins sent over and over to different addresses. A mixer maybe?

https://blockchain.info/address/1AqqVCAhKwxxeTwPhpYxwHNW8tPzVztY23

[–]_madmat 1 point 43 minutes ago

The 5.7 million btc in one block are just 10,000 btc moving and moving. Today, you could spend unconfirmed outputs so you could move the same coins many times in the same block. I think i found the initial transactions : https://blockchain.info/fr/address/18SwPkgUHFo8QLh5fMcchKvmUVrFNxXF6B

Good luck to go further back, this has been mixed an remixed.
Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 24/01/2016, 09:50:20 UTC
Up until Jan 17 2016, daily BTC txn volume was around 1.2-1.7 million BTC per day. Now it suddently jumped to around 33-37 million BTC per day. A few minutes ago, block #394736 moved almost 6.5 million BTC. And block #394739 should move around 7 million BTC. What's going on??

https://www.reddit.com/r/btc/comments/42ean7/up_until_jan_17_2016_daily_btc_txn_volume_was/

$2.5 Billion worth of Bitcoin transactions verified in block #394,736...Anyone able to explain what is going on?

https://np.reddit.com/r/Bitcoin/comments/42e551/25_billion_worth_of_bitcoin_transactions_verified/


squarepush3r 5 hours ago
BigVern on the move!


5,691,062.06949177 Bitcoin transacted in a single Block
https://www.reddit.com/r/btc/comments/42eyba/569106206949177_bitcoin_transacted_in_a_single/
Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 16/01/2016, 19:16:50 UTC
Hi All,

I would suggest that ALL coins would make a version 2. Why? Cryptsy is holding a lot of small coins, KARMA, LOT, MOON, LEAF, ....

maybe they have a supply of 80% of all the outstanding coins, so we should all make KARMA2, LOT2, MOON2, LEAF2,... type of coins and swap the coins that aren't on cryptsy.

This will mean Cryptsy wouldn't be able to dump their coins on other markets and make another few millions and it can give the current owners of those coins maybe some money back if they were able to withdraw at least a few coins...

very very interesting idea

as far as understand this idea : make exchange karma > karma2 and so on : coin exchange for small coins with big cryptsy wallets

but how to exclude cryptsy wallets from this coin exchange

for most small coins only small part of cryptsy wallets known, a minority

some wallets can suspect as owned by cryptsy, but no clear proof of ownership
Post
Topic
Board Service Discussion (Altcoins)
Re: Cryptsy problems - How to make sure that Cryptsy doesn't gain out of it
by
frank2
on 16/01/2016, 19:07:43 UTC
Hi All,

I would suggest that ALL coins would make a version 2. Why? Cryptsy is holding a lot of small coins, KARMA, LOT, MOON, LEAF, ....

maybe they have a supply of 80% of all the outstanding coins, so we should all make KARMA2, LOT2, MOON2, LEAF2,... type of coins and swap the coins that aren't on cryptsy.

This will mean Cryptsy wouldn't be able to dump their coins on other markets and make another few millions and it can give the current owners of those coins maybe some money back if they were able to withdraw at least a few coins...

very very interesting idea

as far as understand this idea : make exchange karma > karma2 and so on for small coins

but how to exclude cryptsy wallets from exchange

for most small coins only small part of cryptsy wallets known, a minority

some wallets can suspect as owned by cryptsy, but no clear proof
Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 15/01/2016, 08:54:49 UTC
Is Crypsty selling everything? There is a huge dump in price at the moment, could it be linked?

I doubt it. They don't have coins.


https://i.imgflip.com/xbqq1.jpg

no coins - official version only

lot of different coins were transferred from cryptsy for free to some wallets obviously connected with cryptsy guys

shown in this thread : BTC and DASH (450.000)

there is a much bigger number of different altcoins transferred in big size transfers out of cryptsy to some unknown wallets in similar pattern

usually splitting to tens or hundreds of small wallets of same size ( a bot programming mistake )

for sure these wallets were getting it free

now trying to unload for cash where possible

BTW DASH is not falling - maybe already dumped

Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 15/01/2016, 04:37:12 UTC
if our altcoins were sold to compensate for btc loss - that stinks of intentional premeditated crime / felony
Post
Topic
Board Scam Accusations
Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action
by
frank2
on 15/01/2016, 04:19:05 UTC
for missing BTC - cryptsy produced an explanation

but why all other altcoins are blocked?