Looks like about half of his money is still stuck on craptsy.

If you don't hold it you don't own it.

Interesting concept, "exit coins" could become a solid investment opportunity (short timespan) until Cryptsy's breath becomes shallow

i heard about Gox the main problem was they ran a custom back end wallet which was problematic
and eventually they started fudging the books toying with things then when guys got spooked
they didn't have the capital to pay out so many withdrawls and eventually Mark threw a story out about hackers
when in reality he had the coins and knew exactly what the problem was..
NOTE: He had his lawyer admit he found something like 200,000 Bitcoins or something on a USB drive he said he "found in his couch"
AFTER he claimed hackers stole the coins (back around when Gox closed)

cryptsy ?
i think they have had similar problems over the last few years.. i have seen many times that BTC withdrawls will
end up frozen on people when it rocketed up in price.. this got so notorious before i started predicting it..
i would pull my coins out then tell others and then say i told you so afterwards.
i have also seen other fishy account freezing going on before..
what happened only they know but many warning signs point to them not being as honest as they claim to be
I stopped using them and never went back when i was fed some bs excuses when my coins vanished before while i was arb'ing
as soon as some coin exploded in value.. bam ! transfer problems and when i asked i was told their was a fork
and i went to every other exchange and all the other users and not 1 person on the internet so much as hinted at a fork..
BitJohn lied to me i think on Cryptsy chat about it and only after i badgered him about it..
I was on chat for hours and every once in a while i would ask if anyone else was waiting for coins too.. (they were ignoring me on chat playing dumb)
Eventually i was threatened to shut up about it or i'd be booted (they wanted the problem to be quiet)
I am certain they were simply freezing access to peoples coins so they could take advantage of the pump on the coin
by doing their own arb'ing.. with MY coins !
I came here and complained about it and said hey Cryptsy.. that is OUR money not yours your holding
Don't you god damn ever forget that !
so.. i left and i never did trust them and i have seen them pull a lot of shady sketchy shit over the years.
Holding large amounts of coins on there is very dumb i figure.

Aww, poor Otoh.  I feel so bad for him.

If only he had some kind of warning CrapSea is a scam exchange focused on scamcoins like Dash...

Oh wait...




#R3KT

People are talking about CT being great for bitcoin privacy. Think about how much better it will be when combined with CryptoNote!

That CT monero paper is pretty intense. I got to page 5 and had to slow down. Lots of symbols, subscripts/super scripts, variables.

Even some of the terminology of "commitments" I had to look up in relation to cryptography.

The TL;DR is - CT will add a "Amount Key" for viewing amounts being sent in transactions.


So you would have a view key, spend key, amount key.

Right the receiver would need to be able to see the amount sent to them.

In theory that is what I believe makes sense.

I'm on page 6 of CT for Monero and I'm lost... anyone care to explain what is going on in detail on page 6. It is a proof but damn it is super wordy and lots of symbols being thrown left and right. 

Don't forget stealth addresses for each output -> Hide the receiver.

So SA+RS+CT = Hidden Sender, Hidden Amount and Hidden Receiver.

Edit: Looks like its even more than that. As the author (ShenNoether) put it:


and