I agree it's also bee happening too me as well.
Can't really do much it's the game man.

It is to block server hopping or Combat logging.

bruzr11 wrote every time I get geared when I leave a server to go do something then I come back go back into a server have to wait like 200 seconds then spawn on the coast with nothing how do I stop this crap too much time and effort going into it and im just losing my stuff every time

And it also said on release date DO NOT BUY THIS GAME, and even know it says do not buy unless you are willing to put up with bugs etc. Get over it it's pre-alpha shit happens, and they are trying to fix it.

Noooo! Its not because of that! Right there are two types of server in game, Regular and Veteran. If you join a regular server and create a character you keep that character on all regular servers. If you then hop from a regular server to a Veteran server your character will be wiped. On a Veteran server you can only use that one character for that one server. So be cautious of playing on Regular servers or Veteran servers. To prevent your self from getting character wiped is to add the Veteran server to your favourites to then log on efficiently and continue playing.

I still get the day/night time bug.Where if u get geared on day time and than get on a server at night you lose all your gear.