In response to Coinfire’s article, which piled up a long list of allegations and accusations against Cryptsy, we reached out to Paul Vernon, the CEO of Cryptsy, to try to get his voice out to the public and go through his defenses against Coinfire’s vicious attacks!!
Here is how the interview went on:
Tamer: Who would you narrate to Newsbtc ‘s readers the “Cryptsy” story?
Paul: Cryptsy was created as a hobby, because I was running around 25 different altcoin pools, from litecoin to Mintcoin to Feathercoin and many other coins; I just can’t name them all; I had too many different pools and there wasn’t a place where you can go and exchange all of them; Well, you could go exchange Litecoin at a few places; Mincotin at others, but if you wanted to take all of your coins and exchange them, there was really no place to do that, so I was talking to other people on the forums about that and I came up with the idea “How about I just create an exchange?” and it was mainly for the people who were mining at my pools, so I hacked it out in about 2 weeks and came out with the first version and put it out there and said “Ok guys, try it out and let me know how it works; let me know what you’d like to see, what’s broken….etc” and 2-3 weeks later, I hammered out most of the bugs that I found and started to get more and more sign-ups and these were people who were coming from elsewhere i.e. they weren’t coming from my pools and that was around May 2013, when I officially launched the site. I ran that for a while, just as a hobby for a few months and it started picking up more and more users, approximately 200-300 new users a day, and I wasn’t doing any kind of advertising and I still don’t do any kind of advertising. From there, at around August 2013 is when I started considering that may be I should make Cryptsy my full time job, I opened up a small office here in Florida, hired my first employee, who was my accountant, because of all the trading activity that started going on, I knew I needed somebody to keep track of all these numbers, so that was the first hire and then by October, I had left my job and started working for Cryptsy full time and by the end of that year, I probably had 4-5 employers working and I don’t know if you remember, but by November 2013, there was a huge explosion in trading, across all exchanges, not only on Cryptsy, but all, so that was a crazy month; I think I hired 10 more people during that month alone just to keep on top of things because it got really busy and we moved in to a bigger office, bought more servers and all that stuff and we kept expanding out our coin library and we are still expanding. I don’t know exactly how many coins are listed, but it is well above 200 coins. That’s how we established Cryptsy; no advertising whatsoever; all organic growth which is what any business owner would want.
Tamer: Cryptsy offers the largest number of altcoins one can find on an exchange, am I right?
Paul: I think you are right.
Tamer: Is says on your “About Us” page that “Cryptsy International is an Internet startup managed by Project Investors, Inc.”; I am not an expert in the legal aspect of managing online businesses, but I think that this sentence is rather unclear, so can you please tell us what does it exactly mean?
Paul: Basically, Cryptsy is a Belize corporation as we have multiple corporations; we have a Canadian corporation and I think we have a corporation elsewhere as well, so Cryptsy, the exchange website itself, is by the Belize corporation and we have a licensing agreement between the US corporation, Project Investors Inc., and Cryptsy Inc. the Belize corporation which grants Project Investors Inc. 100% of the profits that Cryptsy Belize Inc. generates, so it is kind of a separation that keeps Cryptsy itself out of the US, while still kind of being in the US, because it is managed by the US corporation.
Tamer: So, can we consider Cryptsy Belize Inc. a subsidiary of Project Investors Inc.?
Paul: It is not a subsidiary but has a licensing agreement that gives Project Investors Inc. full control of the Belize corporation but they are actually two separate corporations.
Tamer: You say that you have over 300,000 users on Cryptsy; how many of those are active traders?
Paul: We have 322,000 users at the moment; of those 50,000-200,000 are active but it depends on how you classify someone is an “active trader”.
Tamer: Let me reformulate the question using Cryptsy’s terms; How many of those traders are active enough to earn a 0.1 Cryptsy point per week?
Paul: Haha; that’s how you consider a trader active? There are a lot of people that mine and they won’t sell their coins for maybe a few weeks, so maybe they go to Cryptsy once a month, so it is hard to say that a user isn’t active just because he/she doesn’t trade every single day. If someone continues coming back again to the site, regardless of the time period between the log ins, then he/she is active, maybe not “highly active”. Even now, we get around 100 new sign-ups a day.
Tamer: Cryptsy executes around 300,000 trades per day; are all those trades executed automatically?
Paul: Yes, it is all user driven so if someone puts in an order, and there is a matching order on the order book, then the trade is executed, so it is all automatic on the backend of the system and there is no human interaction required for a trade to get executed.
Tamer: Can you tell us a bit about how you secure Cryptsy’s servers?
Paul: I am not going to tell you all details because this is classified info, but we have a lot of different layers. We use Incapsula, our DDoS protection provider, which is our first security layer and then, we have frontend web servers, which is our second security layer, and all of those have firewalls and all of our online databases are backened, so the rest of the services , servers and other stuff aren’t accessible from the public internet, which is a key strategy when trying to boost security as the best way to be secure is not to plug in to the internet. Our wallets have several security layers and they are really hard to get into even for me, so wallets’ security is a priority especially when you have a couple of hundred altcoins on the platform.
Tamer: Can you tell us how would you react to a DDoS attack? Do you use blackholing for instance?
Paul: Generally, it goes through Incapsula, so we let them try to deter the attack as much as possible and if it’s something that overwhelms them, we will shut down our servers. We had a DDoS attack a while ago and it was overwhelming, so we had to shut down our web servers for some time as DDoS attacks don’t tend to last very long.
Tamer: Let’s go through the allegations and accusations that Coinfire have had on their article as they claimed that you are not a licensed or a registered company. I know that Crypsty has a FinCen license, so tell us a bit about this.
Paul: FinCen is not really a license, it is a registration, so as a Federal money transmitter, you require to register with FinCen and file them reports of currency transactions, suspicious activity reports and stuff like that. It is super-easy to register with FinCen, the hardest part is to keep up with the reporting which we do regularly and I will share with you a copy of our filing records. I registered with FinCen when I launched the website back in 2013 and we were continuously working to be compliant with FinCen and technically, we were always exceeding their requirements. We had calls from FinCen personnel telling us “This is not something you have to tell us about”, so we were always exceeding the reporting requirements for them just to make sure that we were compliant with their regulations, but we have no “state level” licenses and the reality is there are very few exchanges that have ones.
Cryptsy’s FinCen E-Filing Reports Record
Tamer: I don’t think you have to have a State license to run a Bitcoin exchange; correct me if I am wrong please.
Paul: It varies from a state to the other as they all have their own requirements so if you are just doing crypto-to-crypto trades, most States don’t require that you donate a file.
Tamer: I tried to get my USD out of Cryptsy but I didn’t succeed because you don’t offer wired transfers, so how do you send Fiat (USD) to your users?
Paul: Well, we used a service called e-wallet that was doing the USD withdrawals for us. We try to stay away from wired transfers as we don’t want to be wiring money all over the world. We have a very good banking reputation and we don’t want to do anything that can affect it as this is what most people in the cryptocurrency community have issues with. We have excellent banking relationships and we don’t want to undermine this by sending wires all over the world, particularly to someone who is not supposed to be receiving wires. So, for USD withdrawals we had e-wallet and now we use Tether.
Tamer: What about GAW miners? Coinfire claimed that you had relationships to GAW miners and you have helped them launder the money, how can you respond to that?
Paul: I don’t know what they are basing that off of. Maybe, Coinfire have money on Cryptsy and want the markets to move to their good. I have talked with a guy from GAW a while ago, but I never had any business collaboration with him or any other from GAW Miners, The only thing I had to do with them is list Paycoin; it was a very natural thing as it was a very popular coin and it had a lot of users, so of course I was going to list it on Cryptsy, why wouldn’t I list it? Well, there was a problem with the model, but it is just a cryptocurrency, so why it shouldn’t be listed on Cryptsy? However, as far as laundering money, I have never helped anyone do such thing.
Tamer: Coinfire accused you of using bots and auto-trading software to manipulate the market and use that to make personal profits; how would you react to that?
Paul: That’s not true. Every now and then, I get various altcoins but I trade them just like everyone else. Actually, in my opinion, bots are never as clever as a human trader would be.
Tamer: Some cryptocurrency exchanges make deals with third party software developers to develop bots or auto-trading Python/DJANGO scripts that would help their users make profit on auto-pilot. Are there any similar scripts on the market from Cryptsy?
Paul: There are scripts everywhere that use the Cryptsy API to perform trades and there is a Cryptsy bot somewhere online that has been developed a year or so ago, but that bot still works through the API, so there is no secret “backdoor” or anything like that, so users have to have API credentials to be able to perform trades on the system.
Tamer: How will you react to Coinfire’s accusations?
Paul: I will be probably suing them. I just need to find out exactly who they are
Padrino121 
Tamer Sameeh 
Brunoxxx 
BillYeager 
TheMadApe 
Triggerpuller 
BitJohn 
Crypto Gambler 
Blade Runner 
Crypto121 
btc leverage 
ChaosTheory 
TheToxicityOfOurCity 
m4d3l 
Nikki Ver๏chka 
What a weak ass interview, didn’t discuss any of the accusations in a meaningful way… Sad all around…
Thanks for you magnificently polite evaluation of the article and we would love to indwell in your seemingly great blogging experience, so maybe this would help us become better journalists!!
Common knowledge Coinfire was right about gaw being a scam and every other site brown nosed gaw endlessly and lookie gaw really was a scam cryptsy is also. Padrino121 is right that was a weak sauce interview, Cryptsy guy must have you scared or most likely on the pay roll as pr/paidshill. Ofcourse you’ll just throw more mommas basement dweller snark at this comment to instead backing up anything with solid investigative journalism.
Well, even if Coinfire were right about GAW, this doesn’t mean that they will be always right. Also, what gives Coinfire the right to throw accusations without evidence? How do they get their information? If they get their info using legal ways, they won’t be ALWAYS hiding their sources. I am afraid that compiling a long list of accusations that are backed up by ZERO evidence is a sign of unprofessional journalism to me. I tackled the most important points included in Coinfire’s article; the license, the money laundering accusations, GAW miners’ connections, the botting accusations and others, so how can I be trolled that I didn’t “discuss any of the accusations” in a meaningful way? and don’t worry, I won’t throw any “mommas basement dweller snark” at you; it is just that I turn on my “sarcasm” in response to impoliteness because I believe that IMPOLITENESS IS THE WEAPON OF THE WEAK, because a strong resourceful individual would have more powerful weapons in his/her inventory to use to help him/her deliver the message. Thanks for stopping by!!
You are demonstrably amateur and somewhat juvenile if your position on Coinfire is to basically whine about, “what gives them the right?” while ignoring the fact that it is obviously going to be the VERY SAME thing that gave them the ‘right’ to expose the GAW/Garza/Paycoin investigation, namely, EVIDENCE IN THEIR POSSESSION!!1!1!!
Seriously, this article is a woefully poor attempt at journalism.
You’re playing fast and loose with the term, ‘tackled’. Unless by which you mean asking him if the allegations were true and simply printing his denial.
Using words as “juvenile” and “amateur” isn’t the way to prove yourself right; it just shows that you can’t handle a logic debate using mature reasoning and referencing. You just keep on bringing up the Paycoin issue and again I tell you, as I told other commentators, being right once, doesn’t mean that you are the BTC economy “oracle” or “sword of justice”. Firing rounds of accusations that aren’t backed up by evidence is a felony; believe it or not!
Yes, I tackled the accusations; I proved that Cryptsy is FinCen registered and I showed my readers a record of Cryptsy’s FInCen’s filings with BSA E-filing Tracking IDs, which could be checked for authenticity; I confronted Paul with the “botting” accusations; I confronted him also with the money laundering accusations and more. Come on, your Coinfire accused Paul of funding terrorists, when the guy has served the US military for 8 years, isn’t that a “juvenile” and “amateur” allegation to you??!!
Also, if Coinfire just go around throwing their DELUSIVE accusations without having to provide evidence to support them, why are you criticizing us when we have only tried to get Cryptsy’s voice heard by everyone?
Hahaha, Tamer, you seriously need to get someone to proof your comments here, you’re only making yourself look worse.
Do you even know what you’re saying in this statement? I didn’t use those two words to prove anything, they are descriptive conclusions evidenced by your own statements. You’ve again ignored the actual facts of the matter, particularly the part where I state, “You are demonstrably amateur and somewhat juvenile if . . .”
Which part of the word, ‘demonstrably’ confuses you? Is the part where I went on to objectively explain how you are clearly ignoring the glaringly-obvious reasoning behind Coinfire posting their article, after you posted your, “What gives them the right?” amateurish and juvenile whine?
He also upvote’s himself with a bogus sockpuppet account to try and look all legit with his bs replies lol!
Echopraxic palilalia can also be a sign of mental illness my friend, I have connections to some great shrinks; do you want me to hook you up with any???
The only shrinks you’re familiar with are shrinky dinks. Echopraxic palilalia not really the correct burn to throw around, not even a real condition. It sounds like you tried to reference echopraxia-palipraxia as ictal phenomena of left frontal lobe epilepsy. Not even close to what you thought your made term/condition meant LOL! See what happens when a complete dipstick like your self tries be all snarky. Fool.
What’s with upvoting yourself with a bogus sockpuppet account? You are a fool!
Paranoid delusions can be a sign of serious mental illness, see a shrink!!!
Take your own advice.
Firstly, it is Coin Fire not Coinfire. Second, your logic is flawed. The GAW Scam was called bang on and it is an indication that the Crypsty Scam will be too.If you had listened to / read their work they let us all know that they have sources within the Alphabet Agencies that shared the information with them.
These same agencies have done so again!
Wake up, Coin Fire has a direct pipeline to US Investigators. Hell did you ever think that maybe Coin Fire is a government front?
You are entering territory that you do not understand. I suggest that Crypsty lawyer up and shut up.
FYI No one with legal counsel says in an interview that they will ‘probably sue’ someone. That is a sure sign they have not lawyered up, thus won’t be doing shit to Coin Fire because Coin Fire is right yet again.
I’ll come back in a few months when the wheels of justice, as slow turning as they are, have caught up to Cryptsy and then I will gloat.
Toodleloo
Not saying you are wrong- I have no inside ball knowledge but do you think the feds or whoever would burn out their own case by revealing the information to Coin Fire? I know that legit news agencies have access to filed court docs not sure they’d get deep scoop but perhaps they do.
It’s called firing for effect, a nervous target is easier to hit and makes more mistakes.
You and I are on the same wave length.
Why is is Cryptsy filing CTRs? Are they accepting cash? If they are accepting cash how is that done? You did find out they are registered with FinCEN but you failed to ask the most obvious question- why CTRs? You let Paul say he’d probably be suing Coin Fire but you didn’t ask details. Why would he not have something filed. If I read Coin Fire’s article correctly, they state that they have seen documents relating to Cryptsy and the investigation. That is either an easily provable lie or it is indeed true and Paul hasn’t a leg to stand on but what have you done to close that loop? Where is the followup?
You expect to much from doc tamer lol!
Checking with Florida I did not find Cryptsy as a registered Money Transmitter, so a very valid point!
I think the florida weather has them abit dizzy around the tiki bars. I know I live in their neighborhood and it puzzles me that they has such disregard for consumers lately. I find it even more odd that Mr Sameeh would take such a strong stand to defend Cryptsy? Do you know things that others do not know?
Have you seen the Military discharge papers claiming not only that a person served in the military but how they were discharged? Even though I think its a moot point, because someone served in the military it does not mean they will not be dealing in nefarious manners.
As far as money wires, FYI in the State of Florida you must a be a licensed money transmitter to wire money into a persons account because you are considered a money transmitter even by the Cryptsy’s admission since they are FinCEN registered. So its alot more that we did not want to deal with bank wires
Without something to defend against its pretty hard to do anything but say we are fully compliant with Federal AML laws. As far as Garza? Subject is beat to death beyond some contact at inside bitcoin and his interest to be a mining partner that was it. We went with another company for a mining partner. What other ties or evidence is there? None. So yes I think the article was well done. If you have more questions we would love to answer them.
More questions? Sure, try this one:
Why did Cryptsy lie about their Paycoin ‘Prime Controller’ being used to ‘support’ the network when the *only* thing a ‘Prime Controller’ does is pay out a higher staking amount? It doesn’t do anything more to support the coin network than a regular staking Paycoin wallet would do, so there is no justification for your firm possessing one.
The Prime Controller was given to us by the Paycoin team after garza when they were trying to decide what to do with them. The assisting the network side is true as we promised to keep it and hold the coins. Is it the entire motivation? No we also had plans to do something fun with it, but nothing nefarious. When the public back lashed at the idea we left it be…. Because that is what you do when an idea or promotional plan is unpopular you apologize which I’ve done numerous times, and we shelved it where it still sits earning no stake as promised.
Heck we would give it away to someone if we knew they had some good plan for it. You tell me?
Do you understand how Proof-of-Stake coin network work? Your firm tried to claim that the reason for accepting the Prime Controller was to help the coin network function and I have explained to you that this reasoning is false, a Prime Controller does not perform any other network transaction processing than a normal staking wallet does, the only thing it does differently is pay larger reward amounts to the holder.
So, no, either your firm knew it was lying when it claimed to altruistically accept the Prime Controller to ‘help the network function’, or it was a statement issued in the mistaken belief it was true, which would then mean you don’t know what you’re doing with this tech.
100% spot on!
It does if our normal wallets don’t stake so yes a wallet with a set amount of coins just staking would assist the network.
Second we have done with it exactly what we told you we would.
15 prime controllers MIA as well.
Oh yeah explain the gaw paycoin prime controller farce you loons got mixed up in, hows about blocking peoples accounts and freezing coins without warning or reason ect…
Go read on up AML/KYC laws / flags etc. In most of the cases they are related to that.
I read up a lot about you hucksters.
You all have been scaming and blowing smoke for years just like josh and gaw.
Loads of eveidence from 2013 to last week to prove cryptsy is a scam. Amazing what a little googling turns up right? All the major altcoin sites have proof.
No, if about it dufus, they were spot on, the fact Garza never showed up for court and is mia and on the run is pretty demining proof.
Why didn’t you pile up all your messages in on comment? This would have helped you save time and effort; reduce the effect of your temper-tantrum on your health and also make you LIVE LONGER LOL
For a self proclaimed pro-journalist your grammar sucks.
Oh my friend, you’re still alive and kicking, it seems. I haven’t been around here for a few days, so I am here now and will have all my SHIELDS down for you, if you want to throw at me any of your bollocks!!!
You still think me or anyone else gives a smeg about you and your silly halfarsed non factual non truth based interviews and articles?
Your quite impolite yourself.
LOL
It’s true and you won’t allow anyone to post links that prove cryptsy is a scam and was in bed with gaw and it’s hustle.
Calm down man; I can feel your blood pressure skyrocketing from all over here 🙂
Do you even have the foggiest idea of proper sentence structure?
“Do even” and you are even talking about proper sentence structure? LOL
Yes I do, seems you also can’t tell when someone is mocking your writing style to make a point either.
Quite true; I have an IQ of a bird. Basal ganglia are my highest brain centers!!
“Basal ganglia” you say? So you only have brain function for movement only; full body Tourette’s syndrome of epic proportions. You must be loads of at fun at lgbt orgies.
Were they really in bed man? Any hot footage to share with me?
You just can’t be adult and report any real facts can you squirt.
Biological excreta again? smelly again LOL?
Again with halfassed attempts at being witty but coming off as a complete dipstick. This crap is why no one takes you seriously about alts.
Put you know actual journalistic skills and facts in your inventory and perhaps people won’t give the mocking you set yourself up for.
What can I do my friend? It is one of those unconditioned reflexes I can’t control, whenever I bump into people who lack netiquette, my sarcasm gets executed involuntarily!!
Netiquette a word from the douche bag dictionary. What lame and ungrammatical reply. I expect nothing less from you sprout.
Lots of people besides coinfire have questioned cryptsy and cryptsy has pulled a lot of spin, facts are cryptsy has something shady to hide bit you’ll never see or admit it will you.
The only thing shady there, is the Slash Pine in their backyard!!
LOLOLOLOL.
That Pine is still super shady in China.
You do know a journalist does in fact protect there sources, oh yeah I forgot your just a milenial blogger not a investigative journalist my bad.
Yes my friend, I am a tiny teeny weeny millennial blogger, yet your magnificent sentence structuring, your amazing Archaic grammatical skills and unbeatable academic tactics of critical appraisal have helped me become a better writer!!!
This coming from the undisputed king of dangling participles…
If your lazy self checked online nearly all btc sites have scam warning articles about cryptsy, a few seconds of keyboarding and presto. ofcourse you won’t let me or anyone else post any links to prove it though.
Yes, we don’t allow links because we don’t want to be link spammed which would get us penalized by Google.
Oddly that is completely false and untrue the big g has no problem with actual links in blog comment sections, oh wait that bs claim it’s coming from you right?
I misspelled a word in homage to your writing skills can you guess witch one?
Yeah that whole debacle back in april with cryptsy and the gaw prime controllers sure was legit right?
No if about it, they were 100% correct about Josh and gaw just they are 100% right about cryptsy. just like I said you would you deleted my earlier posts with proof.
I like your logic : “If they were 100% correct about Josh and gaw just they are 1005 right about cryptsy” it shows how your cognitive processes up there are “ticking”. I like the “universal” “IF-ELSE” law you are deploying, though for me it is only applicable if your are coding a PHP block!!!!!!
Logic reveals years of complaints and evidence against cryptsy that you were to lazy to even spend 30 seconds looking into.
Hey Tamer! What you think about posting this worthless article now? You tard.
What other questions did you have? Most of Cryptsy’s responses are public record. I think Paul cleared the air a bit.
Total bullshit, but I got a good laugh and gained some followers making fun. So, thanks for smearing your boots in it newbtc.
Thanks for your constructive criticism and we are glad we helped you crack a laugh and gain some followers!!
ever heard of the statement where there is smoke there is fire? It seems obvious to me that this article is damage control. Time will tell, in the meantime everyone should keep that in mind while trading their hard earned coin there.
It’s just like all the ccn gaw defense dave parker used to shovel.
If you read the Coinfire article, he doesn’t actually accuse Cryptsy of any of these things, he just states that the SEC is actively investigating Cryptsy for funding terrorists, use of trade bots on their own markets and money laundering.
Funding Terrorists/money laundering – The SEC is actively investigating GAWminers, directly within the email dump is lists that Josh Garza owed money to what was likely Russian mobsters, needing to pay people that would do harm to others if they don’t get their money and the largest market was through Cryptsy.
Bots on their own market – Within the GAW thread was the halt of the PayCoin market when a large amount was “hacked” and then sold into the market, when the market was halted there was strange trading activity going on even when no one else could trade, not to mention a massive holding of more than 200k actively manipulating the market.
Inhouse manipulation for profit – What reason would Cryptsy have to accept a prime controller in the first place? Obviously it would mean a conflict of interest for the exchange to be able to Stake at a higher rate on the market when no one else could so if you want to be a legit company it should be a no-brainer that you should NOT accept it. Frankly, what BitJohn and Vern said about wanting to give back the Staked Coins to it’s customers is bullshit because they Stake all customers Coins on the market and don’t give them to users so why would you start with PayCoin?
So Cryptsy is saying that they aren’t being investigated by the SEC, the GAW thread is public and all this information is contained within that thread so if they are investing GAW then they are also investigating Cryptsy.
Good ole dave parker(not his real name.) of ccn being one of those Russian mobsters is also under investigation
Would be curious to hear of just one individual who has been able to get fiat out of Cryptsy in the last two weeks
I can get you a list of a couple hundred, but it sounds if anything your having a support issue. Feel free to email me a ticket # bitjohn@cryptsy.com.
BS! People have since 2013 had problems getting money from you hucksters! There’s a class action lawsuit that was opened sept 7th 2015 about it against cryptsy! Big Vern = Mark Karples
I agree on this one; it is really hard to get Fiat out of Cryptsy, but it is not impossible if your account is verified.
Big Vern = Mark Karples
I dont know why people just get trapped even after being frequently warned far ahead ! Eg:- Joshie Garzia. There is a reason why Cryptsy is called Craptsy ! ( Go google it urself ) Anyways this just my opinions but act while you can or at-least diversify your funds ! Don’t be like Garza fanboyz , who is still support paycoin like zombies ! Let freedom of expression prevail in Crypto World too !
100% correct! As Mark Twain said: “The trouble with the world is not that people know too little, but that they know so many things that ain’t so.”
Ive been in the cryptocurrency game for a loooong time. Since before bitcoin itself hit 20 dollars. Ive dealt with a lot of companies in that time and I can say without a shadow of a doubt, Cryptsy is one of the best companies I have ever been a customer of.
Sure, like every company (not just in the bitcoin space), it has had its growing pains and small hiccups but any support ticket I have ever placed (which isnt a huge amount but enough over the years to know they care about their reputation and customers) has been answered and more importantly SOLVED.
I cant speak for any investigations, only my own experience. My gut says that any major company that allows trading has a file open, thats just a given. All in all they are my number 1 trusted site to trade at and I have traded at most if not ALL exchanges that have been available.
Never had a dime go missing, never felt ridiculed by support if I had any problems, never felt as if I was in an unsafe environment in all of these years with them. Paul and staff have always seemed like standup people.
Lookie everybody a fake account shilling for cryptsy!
^ oh lookie, a 40 year old virgin who still says “lookie”
Another one of your paranoid delusions LOL
Anything like your self granted bogus ph.d doc?
Lookie a young punk under employed gamer in his mommas basement who can’t structure a sentence!
You’re just delusive
“You’re just delusive” ??????? That’s not even a sentence and delusive? How exactly am I giving a false/misleading impression? You and your ahem article so called are delusive fool!
I dont know why people just get trapped even after being frequently
warned far ahead ! Eg:- Joshie Garzia. There is a reason why Cryptsy is
called Craptsy ! ( Go google it urself ) Anyways this just my opinions
but act while you can or at-least diversify your funds ! Don’t be like
Garza fanboyz , who are still supporting paycoin like zombies ! Let freedom
of expression prevail in Crypto World too !
Dont make business with the crypsty! they dont care about there client! I withdraw money from there system and it make more than 3 weeks I am waiting to get the money and they dont response to my support ticket!!
True but doc tamer says that they are legit. I feel for you truly.
I love freelance journalism! – off to the Tiki bar for a mojito… its 2 am and the south beach lights are bright!
Folks, its important we have a civilized conversation, and I know few including myself have had bad dealings with Cryptsy and feel frustrated, but its important we keep a decorum here so we can express our views and possible learn something from others.
In Mr Sameeh’s defense, this is an article about Cryptsy, so lets focus on this and not personal attacks, which serve no real purpose but bad ill will. Cryptsy has a consumer issue or a perception (image) issue call it what you will, one thing I can say about Cryptsy is that it has liquidity when it comes to altcoins based on a personal experience recently thought coins are lost transaction delayed for what ever reason, I personally think they try to do too much particularly with Mintsy a mining disaster waiting to happen. Getting Money Exchange requirements in Florida is rough at best and requires a large bond to be placed. With that said no one know why the Cryptsy investors or founders decided not to do things by the book. Probably because they hate dealing with bureaucrats in Florida and the US. If Cryptsy has investors, they need to fire the Paul Vernon, he acts like a South Florida spoiled little kid, and does not represent investor interests. If Mr Vernon is the sole owner of Cryptsy, there are dark days coming ahead. When a company that depends on consumer confidence looses that confidence the game is over. And you can take that to the bank. I already stopped trading in Cryptsy and moved to Bleutrade simpler and I am sure with time the full altcoin liquidity will catch up.
loook at eac to ltc 1313.1313 i mean comeon…. “doesnt use bots” i question more