Tuesday, February 9, 2016

Cryptsy shame on me I got fooled.



Cryptsy is a bitcoin and alt-coin exchange that was misleading there members for months when rumors surface at the time but it turn out to be fact that there exchange got hack.The new year surely was looking bad so far for Cryptsy Honestly i may had lose a little in this fiasco myself for now following The golden rule of never have any digital currencies in the hand of a central exchange for too long.
Because it causes vulnerability and my justification was for leaving money on cryptsy is to fit a plan for a faster way for shorting on crypto currencies that i had short term strategies for.I now feel that was a little risky mistake that i learned from even if the amount was a small part of my profolio crypsty unfortunately was one of my personal favorite exchange site.There was really no problems for me on withdrawing or depositing on my side of things for two years.When the news was finally posted that they got hack officially.The exchange is now limiting the withdrawing for most of there hot wallets for members that still had funding on cryptsy.There is some good news you can still take out some crypto but it depend on a selected few wallets that are working at the moment.
If you want more info check there blog for what they are giving for excuses on how it happen and what are there plan for the future of the site.
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