BitShares Forum

Other => Graveyard => BitShares PTS => Topic started by: schnib on August 28, 2014, 07:05:52 pm

Title: PTS Snapshot problem with Cryptsy
Post by: schnib on August 28, 2014, 07:05:52 pm
Hello,

i bought some PTS in November 2013 on Cryptsy and still have them in my wallet over there.
Does anybody else have this issue and do you know how i can get my Bitshare X ?

Thanks,

Simon
Title: Re: PTS Snapshot problem with Cryptsy
Post by: ripplexiaoshan on August 28, 2014, 07:15:37 pm
I am afraid you can not get bitsharesx, because Cryptsy didn't promise to honor the pts holders on their exchange. You should have sent your pts to local wallet.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: kokojie on August 28, 2014, 07:36:05 pm
Nope, I had zero problems redeeming my PTS for BTSX. Then again... I'm holding my PTS in my local wallet, like I'm suppose to.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: merockstar on August 28, 2014, 11:40:42 pm
you need to write an email to cryptsy and be like,

"da faq cryptsy?"
Title: Re: PTS Snapshot problem with Cryptsy
Post by: schnib on August 29, 2014, 06:46:23 pm
So cryptsy does have them on their wallets, they just don't honor the pts holders and take them for himself ?
Title: Re: PTS Snapshot problem with Cryptsy
Post by: biophil on August 29, 2014, 09:46:12 pm
So cryptsy does have them on their wallets, they just don't honor the pts holders and take them for himself ?

Correct. Cryptsy is sneaky like that. I've quit using them altogether.

Sent from my SCH-S720C using Tapatalk 2

Title: Re: PTS Snapshot problem with Cryptsy
Post by: schnib on August 30, 2014, 11:37:13 am
very annoying.
if you are not up to date in this crypto world all the time you get ripped off.

i mean there was no notice at all in the beginning where i joined them and now they "steal" 5000 USD just like that.

Would be great if there are some other affected people so we might be able to put some pressure on them.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: fuzzy on August 30, 2014, 11:45:42 am
"Big Vern" is what I see as a problem in crypto and I have taken all my business from him and transferred it to exchanges who care not to rape their users out of pure greed. 

Now I use Poloniex/bter/btc38
Title: Re: PTS Snapshot problem with Cryptsy
Post by: kokojie on August 30, 2014, 12:52:53 pm
very annoying.
if you are not up to date in this crypto world all the time you get ripped off.

i mean there was no notice at all in the beginning where i joined them and now they "steal" 5000 USD just like that.

Would be great if there are some other affected people so we might be able to put some pressure on them.

I don't think they are "stealing", they maintain hundreds of currency pair, much more than BTER does, I don't think they have enough man power to research each one. The recommended way to redeem for PTS is always hold them in your local wallet, otherwise you WILL miss out on some DAC distributions, even at BTER, it might not redeem some smaller DAC for you if it's not traded on their exchange.

Always remember, if you don't hold the private key, you are not the owner, and depends on what the exchange will "allow" you to own.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: soniq on August 30, 2014, 03:14:21 pm
looks like Big Vern is going to honor the snapshot after all  https://bitsharestalk.org/index.php?topic=7986.0;topicseen

Good news!
Title: Re: PTS Snapshot problem with Cryptsy
Post by: fuzzy on August 30, 2014, 08:36:04 pm
very annoying.
if you are not up to date in this crypto world all the time you get ripped off.

i mean there was no notice at all in the beginning where i joined them and now they "steal" 5000 USD just like that.

Would be great if there are some other affected people so we might be able to put some pressure on them.

I don't think they are "stealing", they maintain hundreds of currency pair, much more than BTER does, I don't think they have enough man power to research each one. The recommended way to redeem for PTS is always hold them in your local wallet, otherwise you WILL miss out on some DAC distributions, even at BTER, it might not redeem some smaller DAC for you if it's not traded on their exchange.

Always remember, if you don't hold the private key, you are not the owner, and depends on what the exchange will "allow" you to own.

That is no excuse.  The only reason they carry so many currency pairs is because Vern wants bought off to allow your coin on his exchange.  Inherently there is not anything wrong with the man making money--but for Vern to "get his cut" by taking the snapshot from their rightful holders is a HUGE load of bs. 

I'm glad he decided (way too late imo) to actually show some semblance of ethical behavior. 

What the post before this one says is good news...but there was absolutely no reason for it to take this long.  I'm not going back to cryptsy, personally.  Walked away the moment I found out he didn't honor the snapshots--I mean wtf?  Shady. 
Title: Re: PTS Snapshot problem with Cryptsy
Post by: bitmeat on August 30, 2014, 08:42:04 pm
That is no excuse.  The only reason they carry so many currency pairs is because Vern wants bought off to allow your coin on his exchange.  Inherently there is not anything wrong with the man making money--but for Vern to "get his cut" by taking the snapshot from their rightful holders is a HUGE load of bs. 

I'm glad he decided (way too late imo) to actually show some semblance of ethical behavior. 

What the post before this one says is good news...but there was absolutely no reason for it to take this long.  I'm not going back to cryptsy, personally.  Walked away the moment I found out he didn't honor the snapshots--I mean wtf?  Shady.

Hey, FUDnut, did you see the post that they will be honoring it?

Also, it sounds that even if they wanted to honor it, they were told by legal to not say a word for some time.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: zvs on August 31, 2014, 10:43:41 pm
Nope, I had zero problems redeeming my PTS for BTSX. Then again... I'm holding my PTS in my local wallet, like I'm suppose to.
Well, I was actually going to sell mine... but, I suppose the person that I was selling some to on beedui may have wanted to move them to local storage, except beedui closed withdrawals about 20 hours early.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: schnib on September 07, 2014, 04:26:53 pm
looks like Big Vern is going to honor the snapshot after all  https://bitsharestalk.org/index.php?topic=7986.0;topicseen

Good news!


any news on this ?
i am not able to open the thread.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: soniq on September 07, 2014, 04:39:23 pm
looks like Big Vern is going to honor the snapshot after all  https://bitsharestalk.org/index.php?topic=7986.0;topicseen

Good news!


any news on this ?
i am not able to open the thread.

not sure why that thread was deleted?
Title: Re: PTS Snapshot problem with Cryptsy
Post by: Shentist on September 07, 2014, 04:41:50 pm
looks like Big Vern is going to honor the snapshot after all  https://bitsharestalk.org/index.php?topic=7986.0;topicseen

Good news!


any news on this ?
i am not able to open the thread.

not sure why that thread was deleted?

someone posted it as a bad joke.

so Cryptsy is not honoring PTS snapshots.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: schnib on September 08, 2014, 06:01:05 pm
that's pretty sad.

support just says this :

Hello Simon,
We have never paid out staking and have always informed our users that they need to keep any coins they wish to stake in their own personal
wallets.


Sincerely,
Jim  aka: JShock
Customer Service Manager
Cryptsy.com



Cryptoworld is just full of greed :(
I mean cryptsy was never the real "owner" it was just on their side but whatever...
Title: Re: PTS Snapshot problem with Cryptsy
Post by: schnib on September 11, 2014, 01:20:47 pm
Just tried to withdraw my PTS some days ago.
They still didn't arrive on my wallet, does it always take that long to withdraw PTS from cryptsy ?


EDIT: arrived yesterday, all fine.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: merockstar on September 16, 2014, 10:57:52 am
that's pretty sad.

support just says this :

Hello Simon,
We have never paid out staking and have always informed our users that they need to keep any coins they wish to stake in their own personal
wallets.


Sincerely,
Jim  aka: JShock
Customer Service Manager
Cryptsy.com



Cryptoworld is just full of greed :(
I mean cryptsy was never the real "owner" it was just on their side but whatever...

It sounds like he doesn't understand what airdrop theory is. I think he think you're trying to ask if cryptsy will pay dividends from what they've earned by having PoS coined lay around dormant.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: johncitizen on September 27, 2014, 07:26:59 am
I have been emailing the the J-shock at cryptsy, apparent customer service manager.

They tell me that they wont honour coins on their exchange and the post was by an imposter! Very well written and very convincing.

Crypsty hold a decent amount of my BTSX from PTS left on exchange. Oddly enough I submitted the withdrawal 40 mins before snapshot and they were delayed 2 blocks after snapshot.

I dont need a lecture on holding PTS in my local wallet. If anybody is interested I have set a bounty for information on cryptsy PTS addresses. Im prepared to spend some btc to shed some light on the matter.

Theres a few bloggers and media outlets interested in this story. If we can gather all the facts that would be a start.

What I can think of that is needed:
* Cryptsy PTS addresses
* Information related to genesis block of BTSX
* BTSX/ USD worth

What else guys?

Once we figure out everything needed I will start an official bounty thread here and in BTC talk. Those effected should consider throwing in the escrow.

Crypsty look out!







Title: Re: PTS Snapshot problem with Cryptsy
Post by: schnib on October 02, 2014, 10:32:45 am
i am definitely interested as well.
unfortunately i am a tec newbie so i might not be able to give you any further information but i will add some bounty value.
my btsx worth should be 5000 USD + so will will spend at least some BTC.

maybe you should start a post on reddit first, so everyone gets knowledge ?
Title: Re: PTS Snapshot problem with Cryptsy
Post by: liondani on October 02, 2014, 10:44:32 am
+5 for your efforts to expose cryptsy's tactics...  I stopped using their services due to prooven  unfairness to their own customers !

Sent from my ALCATEL ONE TOUCH 997D

Title: Re: PTS Snapshot problem with Cryptsy
Post by: johncitizen on October 02, 2014, 11:00:21 am
i am definitely interested as well.
unfortunately i am a tec newbie so i might not be able to give you any further information but i will add some bounty value.
my btsx worth should be 5000 USD + so will will spend at least some BTC.

maybe you should start a post on reddit first, so everyone gets knowledge ?

All you will need to do is collect your cryptsy PTS deposit address and relating information. I think the bounty will start around $3k and may climb above 5. Great idea to start a reddit thread! Where is the best place to post it?

There are heaps of guys that can trace the blockchain so once they see a fat bounty many Sherlock Holmes will emerge. I was thinking of making it kind of fun and everyone that contributes will earn a % of bounty. Sort of like a community investigation.

Once the reddit goes up ill also contact bitcoin bounty hunter and get a nice front cover.

Sounds like a snowball's building

Title: Re: PTS Snapshot problem with Cryptsy
Post by: bitmeat on October 04, 2014, 04:19:50 pm
Yes, it would also be interesting to see if they have claimed it or not. Would be a HUGE PR nightmare for them if they actually pocketed any of it.
Title: Re: PTS Snapshot problem with Cryptsy
Post by: schnib on October 26, 2014, 03:39:41 pm

All you will need to do is collect your cryptsy PTS deposit address and relating information. I think the bounty will start around $3k and may climb above 5. Great idea to start a reddit thread! Where is the best place to post it?


i was on the road, sorry for the delay.
how can i collect my address ? i never deposited any PTS , just bought them at Cryptsy. So i just take my deposit address for "new" deposits?
unfortunately i can't login right now, seems like they have sms code problems...


Edit :
just gererated a new one, if this might help : PYXZAxY5TewwuKbpHg6ENftMa7VgFyGiKo
Title: Re: PTS Snapshot problem with Cryptsy
Post by: schnib on October 28, 2014, 08:20:06 pm
Maybe we can do some posts here as well :

https  ---     ://bitcointalk.  ----    org/index.php?topic=810399.new#new


Posted on reddit :

reddit. ---   com/r/protoshare/comments/2krykc/who_else_lost_his_bitsharesx_that_he_would_have/