[ANN] Crypto Rush - Crypto to Crypto exchange

[adaseb]

I noticed something was up with this exchange because the prices for all the coins were inflated.

Then after some reading I realised people are selling all their BTC into whatever they can get so they can withdraw those coins since BTC withdraws are halted.

I bought some DOGE at 15% higher than market prices and got the hell out.

[perhan007]

I noticed something was up with this exchange because the prices for all the coins were inflated.

Then after some reading I realised people are selling all their BTC into whatever they can get so they can withdraw those coins since BTC withdraws are halted.

I bought some DOGE at 15% higher than market prices and got the hell out.

That's what I did too... Better than losing everything

[albertdros]

Edit: nvm, just posted above me.

[to1ga]

Failed to send withdrawal to specified account. Please try again later. ? ?

[Arbitrageur]

same error, looks like nobody is allowed to withdraw bitcoin

[pikimunga]

Oh, for the love of god, check what's happening, I'm sure at least half of you are smart enough to figure some stuff out... as soon as you send some coins to cryptorush they are re-sent and split into 2 ...about 16% go to the hot wallet and the rest go into the cold wallet...
Since cryptorush has been having connectivity issues lately a lot of people panicked and withdrew their funds from the exchange.... that emptied the hot wallet which is why you can't withdraw your coins until the exchange sends some of the money from the cold wallet back into the hot one or someone else deposits...
If you make more people panic the only thing you're going to achieve is having those also try to withdraw their funds and that will lead to a cascading effect... in which the hot wallet will constantly not have sufficient funds and the exchange actually dying because more and more people will lose trust in it and withdraw and there will be noone left to exchange your coins with!
Yes, they're not professional, I totally agree with that:
 - they should be monitoring funds much more closely and sending funds to the hot wallet whenever it is close to becoming empty...
 - they should solve their database issues when sometimes orders get hung with 0.00000000 remaining
 - they should have a team monitoring the servers and being ready to respond in time when something goes wrong
 - the balances should be refreshing automatically not manually
But:
 - they also have a mostly working exchange with many coins that are not in other places
 - they are from time to time sending money back to the hot wallets (although most of the time only after they become empty and somebody complains)
 - they did fix other issues in the past... not very fast but they are improving

In conclusion... it's your choice, but, if you continue to spread panic the exchange will definitely die! If you give them a chance and monitor things and figure out they are actually fixing the issues... you could give them a chance of fixing other stuff as well.

EDIT: I no longer stand by this opinion, after doing a lot of reading I'm starting to doubt what I said here!

[eightspaces]

GET OUT ASAP

[mkasiak]

I was using this exchange often, but always realizing it is risky. The design and trading system was poor (to use polite words). But they had coins not traded on other exchanges and sometimes there was a nice possibility of arbitrage.

Since they had problems with BTC withdrawals I did not go there. I left them some flappycoins, but that is all.

Trading cryptos is like running through minefield and collecting gold there. Scams are everywhere, but still you can earn something. Funny and adventurous game, but just a game. Nobody should risk too much and take it too seriously.

[jorrr]

Oh, for the love of god, check what's happening, I'm sure at least half of you are smart enough to figure some stuff out... as soon as you send some coins to cryptorush they are re-sent and split into 2 ...about 16% go to the hot wallet and the rest go into the cold wallet...
Since cryptorush has been having connectivity issues lately a lot of people panicked and withdrew their funds from the exchange.... that emptied the hot wallet which is why you can't withdraw your coins until the exchange sends some of the money from the cold wallet back into the hot one or someone else deposits...
If you make more people panic the only thing you're going to achieve is having those also try to withdraw their funds and that will lead to a cascading effect... in which the hot wallet will constantly not have sufficient funds and the exchange actually dying because more and more people will lose trust in it and withdraw and there will be noone left to exchange your coins with!
Yes, they're not professional, I totally agree with that:
 - they should be monitoring funds much more closely and sending funds to the hot wallet whenever it is close to becoming empty...
 - they should solve their database issues when sometimes orders get hung with 0.00000000 remaining
 - they should have a team monitoring the servers and being ready to respond in time when something goes wrong
 - the balances should be refreshing automatically not manually
But:
 - they also have a mostly working exchange with many coins that are not in other places
 - they are from time to time sending money back to the hot wallets (although most of the time only after they become empty and somebody complains)
 - they did fix other issues in the past... not very fast but they are improving

In conclusion... it's your choice, but, if you continue to spread panic the exchange will definitely die! If you give them a chance and monitor things and figure out they are actually fixing the issues... you could give them a chance of fixing other stuff as well.

blablabla !! GET YOUR COINS OUT ASAP!!! DON"T LISTEN TO THIS *****

http://www.cryptocoinsnews.com/2014/03/26/cryptorush-support-worker-leaks-inside-info/

[Arbitrageur]

I managed to get my fraction of btc out of the exchange buying a little overpriced doge (but that amount came by selling some tips at overinflated price),

now I can tell: go fuck yourself you scambaggers. close that shit down and disappear from the internet.

[pikimunga]

After reading some documents, I'm starting to believe the exchange is truly facing issues, I withdraw what I said in previous post!

[PhoneBloks]

After reading some documents, I'm starting to believe the exchange is truly facing issues, I withdraw what I said in previous post!

You bet they have serious problems, i wish you good luck with withdrawal, but I am worried you wont see your coins

[lostmojo]

i think more than btc and ltc was stolen...   unable to withdraw TOP COINS

[Prominence]

Thank god this place is closing. This single handedly caused the onslaught of daily shitcoins since they easily get listed here. Good riddance.

[SZZT]

wait a minute..
If the link posted above is true, if the "inside worker info" is for real
then the cold storage they have and its delays is actually an asset to the exchange...

Not trying to start a flamewar, neither am i saying there is nothing wrong, we are all witnessing this together.
i have some altcoins in there, i'm not going to pull out because they can be written off.

i'm just pointing out that if the worker is saying the truth, then the delay is obviously caused by the panic withdrawals.

It is a poorly designed & implemented system, many have pointed this out, there is always room for (more )improvement though.

i find it reassuring that they did not disappear.
It has a significant daily volume, so if they were to run with the coins, they would do so in an instant.
Unless they are planning to run on the third month.

This place is two months old, if they manage to keep a small userbase, trust will be restored , and they will survive this.

Constant updates and PR communications is teh way to go with this now. And obviously some major update/revamp of the service ASAP

[stokecrypto]

managed get all my btc out using vertcoin.

markets are going offline as i speak though so time is running out to get coins out.

[HunterS]

LMAO
you guys are funny.I just deposited btc and scoped up some great priced shares .they aint closing they have been taking over by new management now.Thats why trade volumes are going up.People arent leaving.Markets arent offline.Been trading there all day.Still trading there now .They are moving to whole new servers and are fixing all their problem with sercurity and have allready stated they are going pay everyone back ,even the zeit coin they are fixing aswell.The have recovered 200+ btc through fees and from personal accounts .CR 2.0 will be rolled out soon.They aint going anywhere.Dont forget that it was other traders that stole from people who lost coin by knowingly withdrawing coins the new werent theirs."Karma" guys.It will get them in the end.They all said cryptsy was gone when it first started and had trouble and look at it now.Its still going strong.by leaving the site and not trading there u are taking away fees and income that they are using to pay back the coins that were lost.Yes they lied and carried on but they are trying to make it right .if u lost coins and think it best to high tail and run u are not helping the situation and it will only take longer for them to right their wrong.I am still trading there and will continue to do so.And no i have not lost any coins with them cause i dont leave loads of coins on any exchange.i trade at cryptsy ,btc-e and mintpal which are all good sites.I trade alittle on coinex.pw and i never lost coin when they recently got hack cause once again i dont leave coin on exchange just lying around.

[cryptonewbie]

Bitcoin withdrawls aren't working.  Are all altcoin withdrawls being processed though?

[waqas]

Bitcoin withdrawls aren't working.  Are all altcoin withdrawls being processed though?

Thanks for information now I am converting my bitcoins in alts and cleaning my account very quickly 

[cryptonewbie]

Bitcoin withdrawls aren't working.  Are all altcoin withdrawls being processed though?

Thanks for information now I am converting my bitcoins in alts and cleaning my account very quickly 

You may have misread.  I was making an inquiry about altcoin withdrawls to see if all of those were going through.