Topic: [ANN][EXCHANGE] Poloniex - Crypto Exchange with BTC/NXT - page 93. (Read 272544 times)

Why do you always manipulate the course of SC / BTC shopping couple holding coins input to the stock exchange more than a day
You are already 3 times over the past 2 weeks did so!!!

I see now.  My mistake!

That ETC is free, so you don't need to purchase it if you already have ETH pre fork.

Hi Yudy,

Did you start by filling out the coin request form?

There is a link to it here: https://poloniex.freshdesk.com/support/solutions/articles/1000229325-how-can-i-get-a-coin-listed-on-poloniex-

Good luck!

how is added coin to market poloniex
and what is requirement coin to added market poloniex ?

u should have both ETH and ETC.

So I may have missed something but why are the Ether I purchased pre fork now showing up in my wallet as ETC?  I did not purchase Ethereum Classic and do not want what is 1/8 of my purchase price for ETH.

Thanks for that =)

Everything I've read indicates they did the same thing Polo did.

Polo-knee-X

ETC/XMR market pleeeese!!!

 

Kind of off topic, and a rather silly question, BUT my wife was asking how to pronounce Poloniex, and we couldn't quite work it out, and I know it doesn't really matter in online conversation, but could be embarrassing if you speak to another trader face-to-face and get it totally wrong

Is it
   poloni-ex, like an exchange based in Poloni in Brazil
   polo-necks, like the shirt
   polo-niex
   or something else

Thanks, and sorry for the strange question =)
   

I made simple but useful price and volume monitor service http://polotrex.com/

Sorry to hear that! I personally didn't have a problem with Poloniex yet. But I don't trade margins - too risky for me. Good luck on Bitfinex!

Bitfinex to offer killer 3.3 leverage for trading ETC today! I and my BTC are gone! Vale-vale FUCKERS! Never fucking again will I trade on ur exchange! Headfucked embarrassment!

I dont get what reality do u live in that u add tether but still dont offer margin market for etc, despite requests of thousands of users? Who the fuck in hell cares about tether? I was waiting for margin when it was traded at 480, i was waiting when it crossed 300, was waiting at 250. Now, I have withdrawn half of my money away from polo, and will withdraw the rest unless there is  a margin market for ETC. Fuck u stupid bitch!

I want to discuss the lending issue which happend on Poloniex here as well.

Crosspost from Altcoin Discussion :

I lend out ETH on Poloniex during the HF.

After the Hardfork i just got back ETH(postfork) which was the new name of the major fork.

In my opinion this is just wrong, since the borrower agreed to lend ETH(prefork) and so hast to give me back ETH(prefork) which is now basically ETH(postfork) + Ethereum Classic.

I think they handled it wrong and gave the ETC to the borrower who just had to give back ETH(postfork) instead.



Their math example : https://poloniex.com/press-releases/2016.07.26-responses-to-common-etc-questions/ is wrong as well imo :

Alice shorts ETH(prefork) by borrowing 200 ETH(prefork) from Bob and selling it to Carol. Carol, who used her own BTC to buy 200 ETH(prefork) in the spot market, withdraws all 200 ETH(prefork) to her Mist wallet ETH Hard Fork occurs Carol receives 200 ETC in her Mist wallet Because the 200 ETH(prefork) Bob lent out is no longer on Poloniex, there is no ETC to give him The only option is to create an additional loan contract that neither party agreed to, wherein Alice owes Bob 200 ETC in addition to 200 ETH Alice is forced to buy 200 ETC in a market she never entered to settle a debt she never agreed to.

This is wrong : Alice agreed to the debt of 200 ETC , because she loaned 200ETH(prefork) which is divided to 200ETH and 200ETC after fork. In your calculation the lender basically could loose up to 49% of value depending on how his ETH(prefork) divides based on the community deciscion, which is just wrong!!! Alice shorted the value of ETH(prefork), so she is responsible for the loss prefork not postfork. She has to get the ETH(prefork) back, which is afterwards ETH+ETC. It could be also ETC being the winning chain, what about that ? so ETH is basically just the winning chain after a fork with lets say 80%, what about the other part of the original ETH ?

When you borrow, you receive an asset and a debt. But in this scenario, Alice is forced to “repay” a principle she never received, and the terms of the loan are changed without the consent of either party.

Alice for sure received the ETC, because it was priced in the ETH(prefork) already so she makes in this case no extra loss btw, because ETH(prefork) value will be divided up in ETH(postfork) + ETC so he can easyly buy with his prefork ETH ETH(postfork) + ETC.
There is nothing added , it is just split and usually after the split ETH+ETC < ETH(prefork) because communities use engery to battle each other first.
You could see this on the market as well, as soon as ETC starts trading, ETH(postfork) lost value.


Maybe this example will help. I lend someone a google stock, now the lender sells the google stock. Afterwards there happens a rebranding, google is now divided up to alphabet and gamma. So on the exchange gamma is rebranded in google , because it makes 80% of original google stock and alphabet only 20%, he only have to give back the google(gamma) part and not alphabet part?

Just because ETH after fork is called ETH, it is not the same like ETH ( prefork) IT is even completely different. It should be renamed to ETHF and ETHC. If you take this serious you could even say, that ETC has more right to be ETH now , because the code didn't change. So however you take it, the lender should definitely get his ETH(prefork) back which he can divide in ETH+ ETC as he wishes.



I think bitfinex handled it correct and gave the lenders back the ETH(prefork) which they can divide in ETH + ETC as their wish.

How do you think about this and is anyone else affected by this ?

Thank you very much for that link. I'll send a request to the site hopefully I can put a good use case together to get this added in - I'm sure it will benefit lots of people.

 

Yes, in the last few months the only alert was when they changed the fee structure, nothing else, if you want new feature, you can write to poloniex here : https://poloniex.com/featureRequest (hoping that they will see your request as a good one to implement, but trying cost nothing....).

thanks Cesmak.

That would be why I didn't notice one before. I guess there are not too many.

It would be great if they released a trade notification feature on the site, even if its just a number mentioning the number of trades made since last clicking on the trade history page - It would likely be worth the investment in creating the feature since people would react on events at a much faster rate and there will be less page refreshes so maybe a little less traffic on the site.