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Topic: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH - page 46. (Read 629033 times)

member
Activity: 96
Merit: 10
no update from https://status.kraken.com/ since 12h05utc, so 6h30 .....
What a great com ...

If you ever come back up you can believe in a massive panic withdrawal ....

If you stop new customers (as other exchange) the time to your upgrade you not have this situation ...

If you communicate better you don't have this situation too ....

If support have nothing to do, hope seriously some staff fall for better one .... for a better futur.
newbie
Activity: 30
Merit: 0
This is really puzzling. It looks like an exit scam, but rational people would realize that with so much money they would be hunted with great effort plus some part of their customers is quite IT proficient plus US based means a bit suspicious justice system and extraditions around the world. On the other hand else this would be shocking incompetence, given that they have had problems for a while and they probably have money to build several such systems in parallel. I have money there too, by the way.
newbie
Activity: 8
Merit: 0
Hi Everyone.

I know there are talks about making sure your funds haven't moved but your funds are never stored in your deposit address. They're moved to our hot wallet. Similarly, if you request a withdrawal, your funds won't come from your deposit address. They'll come from our hot wallet.

No fiat or crypto withdrawals are being processed during this downtime.

So you want us to believe our funds are safe without having any access to them?

I'm sure you can understand my skepticism with regards to that. I have a large amount in Kraken and just want a way to confirm my funds are safe other than a few words on a message board.

full member
Activity: 338
Merit: 101
https://support.kraken.com
Hi Everyone.

I know there are talks about making sure your funds haven't moved but your funds are never stored in your deposit address. They're moved to our hot wallet. Similarly, if you request a withdrawal, your funds won't come from your deposit address. They'll come from our hot wallet.

No fiat or crypto withdrawals are being processed during this downtime.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
Same here, my coins haven't moved. It's not going to make me more confident until I see Kraken's website online again. While the week end is starting I doubt we will see something done before Monday.
If they can't update the site, then stop it, take the site back online and try again when you're sure to be able to perform the upgrade
full member
Activity: 129
Merit: 100
My coins have NOT moved. I trust Kraken, but yes, like most of you guys, I'm not comfortable until I can log into my account. I will wait though. Let's hope for the best and when I say this, I mean having Kraken come back online soon and have a stellar trading engine as well.
newbie
Activity: 8
Merit: 0
Hi Everyone.

We are sincerely sorry about how long this update is taking. We know you're not happy and honestly, we're not either. This was supposed to take a handful of hours yet here we are.

Our entire development team is working around the clock to solve the issues with the trading engine, but as of right now we don't have an estimate as to when we'll be back up. Rest assured that your funds are as safe as they've ever been on Kraken. We're only upgrading a trading engine and your funds are exactly where they've always been.

Kraken isn't going to be the next MtGox and we're not running with your funds. Once we have an update we will post it on our status page.

We're anxious to get this up and running so you can see how great the new trading engine really is! We can't wait to release the Kraken!

Again, we're so sorry for this extremely long downtime. This update will resolve a lot of trading issues and it will be worth it.

We'll talk again shortly. Thank you for your patience.

Say we have FIAT funds on the exchange, can we put in a support request to have them withdrawn during this down time?

2 days really isn't good, not just that you keep saying "several more hours" in the updates giving false hope. Either give definite times or don't give times at all.
full member
Activity: 338
Merit: 101
https://support.kraken.com
Hi Everyone.

We are sincerely sorry about how long this update is taking. We know you're not happy and honestly, we're not either. This was supposed to take a handful of hours yet here we are.

Our entire development team is working around the clock to solve the issues with the trading engine, but as of right now we don't have an estimate as to when we'll be back up. Rest assured that your funds are as safe as they've ever been on Kraken. We're only upgrading a trading engine and your funds are exactly where they've always been.

Kraken isn't going to be the next MtGox and we're not running with your funds. Once we have an update we will post it on our status page.

We're anxious to get this up and running so you can see how great the new trading engine really is! We can't wait to release the Kraken!

Again, we're so sorry for this extremely long downtime. This update will resolve a lot of trading issues and it will be worth it.

We'll talk again shortly. Thank you for your patience.
newbie
Activity: 37
Merit: 0

Lesson learned again. Everybody will  probably be withdrawing all their funds when they resume lol I have a couple of gran there in my account but If they really will suddenly close like gox, its all theirs. No matter how reputable, how long they have been in the business its still not safe storing tokens on exchanges.
The problem is for the average person the withdrawal fees on the crypto are so high now that your coins are kindof stuck on the exchanges.
newbie
Activity: 37
Merit: 0
At least i can laugh my ass off at the people getting gox'd by Kraken in this bloodbath. Oh wait... I'm one of them too. Grin
Hilarious...
newbie
Activity: 37
Merit: 0
From 2 hours to a whole day.. when is this upgrade going to be finished? I missed a lot of trading opportunities today and I don't appreciate that at all. But who cares...........

We lost a lot of trading opportunities for month with lag and other bug .... So all prefer 1 day without trading at all for have a fonctionnal site ....

Exactly!
member
Activity: 104
Merit: 10
Is Kraken insured, or any other exchange for that matter ? We have the drawbacks of banks (AML/KYC bullshit) but not the benefits.
newbie
Activity: 28
Merit: 0
Now it's been 5 hours without an update! What the f*ck is going on? Not even a post from their team here or on reddit.
member
Activity: 75
Merit: 10
No, Cryptowatch has been showing the message about Kraken message since shortly after it started.
newbie
Activity: 4
Merit: 0
I wait like everybody else here so that Kraken will re-open and be better from what was.
It's very clear that a system that was designed to serve some thousands or some hundred thousands was not possible to serve millions..
I hope everything goes well with your update! 

Same here!

I find it strange that people complain for weeks (months?) about the bad service. And when Kraken has a solution (aka a new trading engine) and sets it into reality, people complain about that they are working on a solution. This is not a simple Windows update or VM clone, this is more like a complicated open heart sugery across an army of servers. You can test all kinds of scenarios before but in the end you need to do it and solve all the problems that come along. Also I prefer devs who get enough sleep to make a solid and stable environment and thourougly test everything before releasing it into the wild.

So sit back and relax!
And I think many will be thankful for two extra days of HODL instead of panic FOMOFUD (FUDOMO?) selling because this is gonna be a great year for crypto Smiley
newbie
Activity: 3
Merit: 0
what a coincidence that weekend is around the corner, so nothing will happen till monday

plenty of time to pull a mtgox on us
member
Activity: 283
Merit: 47
I can understand that one day is down, depending on the upgrade and many things inside, but two days?? seriously?? with places like Binance and KuCoin working great, Kraken is risking a lot.
You'd better explain well this issue. Anyway, at least some info each 4 hours.
newbie
Activity: 12
Merit: 0
Won't even lie that if i was them id exit scam. theyre basically done if they allow people to access their money again.
newbie
Activity: 27
Merit: 0
I can't understand why they didn't clone the server, let the exchange run as it is and then apply the fix once they had it. I won't lie, I feel bad as I wait cause I have loads of money in there. The good side is that there is still communication which is good, but I would like an update as soon as possible. 2 days is unacceptable omg.. Why do we have unprofessional noobs running businesses like this? This shows so much disrespect towards customers. I can't even fathom doing this to the people that make you millions of dollars a day. I just can't.
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