KRAKEN down for 24 hours!! Worst exchange ever for me... - page 5.

1Referee

legendary

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Quote from: TimtheYoutuber on January 12, 2018, 11:59:12 AM

24 hours is not a big deal, they have a lot of work keeping the maintenance high. I wouldn't worry about it.

Easy talking for someone who from the looks hasn't experienced any similar situations. I have experienced it with BTC-E that they remained offline, and that for quite a long period of time, where later turned out that this exchange was raided by the FBI. Of course I am not saying that this has happened to Kraken as well, but just to indicate that if you can't access thousands and thousands worth of crypto, you feel worried and frustrated. Sure, you can say that it isn't wise to leave funds on an exchange, but that's not of importance anymore right now. Kraken has been horrible with their reliability in the last weeks/months, and this is just a big f-you in the face of every user of that exchange.

Taybrien79

newbie

Activity: 46

Merit: 0

Luckily never had to deal with Kraken

Quote from: sucix on January 12, 2018, 12:33:31 PM

Quote from: kuberayt on January 12, 2018, 08:10:31 AM

Kraken and Poloniex are GARBAGE exchanges. Kraken had problems in the past with payouts and also screwed people over when marginal trading went down the gutter a few years back. Polo's support is HORRIBLE. But 90% of exchanges suck.

You have very bad experience i think about exchanger because you said that 90% suck.
However although we can not believe any exchange but we still need to use 1 of them to trade.

Agree. Although competition leads to innovation, with such little overseas regulation, it makes it tough to weed through the "scam" exchanges.

kangjiasg

full member

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Exclusive Member

The first time i see an exchange going down for a day?! Thats pretty aweful and surely many traders will avoid it right after this incident.

asdlolciterquit

hero member

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Merit: 565

Quote from: JammyJimmy69 on January 12, 2018, 11:30:26 AM

I've been hearing that the FBI and SEC are now investing Kraken as a big "inside-job" has happened during the update and all user funds have disappeared. This will be even bigger than the demise of Mt Gox.

Guys.... You should begin to accept that everything you have on Kraken has been lost and cannot be recovered as they even forgot to lock funds and even take blockchain snapshots.

In the unlikely event of Kraken ever coming online again, there will be a lot of panic withdrawals as nobody will ever trust them again. Kraken now face collapse regardless.

it's a crime tell something like that without a source! So, please, edit that message or give us some source.

"'i've been hearing"... come on...

sucix

member

Activity: 154

Merit: 12

Quote from: kuberayt on January 12, 2018, 08:10:31 AM

Kraken and Poloniex are GARBAGE exchanges. Kraken had problems in the past with payouts and also screwed people over when marginal trading went down the gutter a few years back. Polo's support is HORRIBLE. But 90% of exchanges suck.

You have very bad experience i think about exchanger because you said that 90% suck.
However although we can not believe any exchange but we still need to use 1 of them to trade.

hitrawal91

full member

Activity: 462

Merit: 101

BitcoinSN - The Real Bitcoin!!!

I am lucky that I have withdrawal my funds from Kraken account last week and I knew that are some issues going on with Kraken from past few months. It's not the first time happened with Kraken. Even some few months back there were payout and registration errors happen and I was one among those Traders whose fund withdrawal requested was processed after tons of request and that it took me more than ten to twelve days of time. Eventhoug I was having only $200, but what to do if there any emergency? That's the reason I Maintain different trading accounts with other exchanges too. kraken was a nightmare for myself and till than I avoid Kraken for trading purposes

QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: btcwish1 on January 12, 2018, 12:05:54 PM

Quote from: TimtheYoutuber on January 12, 2018, 11:59:12 AM

People dont realize these exchanges have millions of members, if everyone contacts there support they will have a million messages. 24 hours is not a big deal, they have a lot of work keeping the maintenance high. I wouldn't worry about it.

"24 hours is not a big deal".. are you out of your mind??? For an exchange to go down without notice in the middle of week for even couple of hours IS A VERY BIG DEAL, let alone 24 hours!!!

Correct, I can’t believe anyone thinks 24 hours isn’t a problem.

Think of it this way. If you had rent to pay and you went to your bank to withdraw money Monday morning and they were closed for housekeeping would you be pissed off? Would you pay a late fee for not paying your rent on time?

If bitcoiners want btc to compete with the big boys then bitcoin needs to wipe its ass without help, stop peeing the bed and become a big boy.

btcwish1

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Activity: 401

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Quote from: TimtheYoutuber on January 12, 2018, 11:59:12 AM

People dont realize these exchanges have millions of members, if everyone contacts there support they will have a million messages. 24 hours is not a big deal, they have a lot of work keeping the maintenance high. I wouldn't worry about it.

"24 hours is not a big deal".. are you out of your mind??? For an exchange to go down without notice in the middle of week for even couple of hours IS A VERY BIG DEAL, let alone 24 hours!!!

TimtheYoutuber

full member

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www.positivebetting.com

People dont realize these exchanges have millions of members, if everyone contacts there support they will have a million messages. 24 hours is not a big deal, they have a lot of work keeping the maintenance high. I wouldn't worry about it.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: JammyJimmy69 on January 12, 2018, 11:30:26 AM

I've been hearing that the FBI and SEC are now investing Kraken as a big "inside-job" has happened during the update and all user funds have disappeared. This will be even bigger than the demise of Mt Gox.

Guys.... You should begin to accept that everything you have on Kraken has been lost and cannot be recovered as they even forgot to lock funds and even take blockchain snapshots.

In the unlikely event of Kraken ever coming online again, there will be a lot of panic withdrawals as nobody will ever trust them again. Kraken now face collapse regardless.

Source?

JammyJimmy69

member

Activity: 79

Merit: 10

I've been hearing that the FBI and SEC are now investing Kraken as a big "inside-job" has happened during the update and all user funds have disappeared. This will be even bigger than the demise of Mt Gox.

Guys.... You should begin to accept that everything you have on Kraken has been lost and cannot be recovered as they even forgot to lock funds and even take blockchain snapshots.

In the unlikely event of Kraken ever coming online again, there will be a lot of panic withdrawals as nobody will ever trust them again. Kraken now face collapse regardless.

btcwish1

full member

Activity: 401

Merit: 108

Quote from: QuestionAuthority on January 12, 2018, 10:31:56 AM

Quote from: ?? on ??

Maybe OT: really Roger Ver own Kraken?

Quote from: QuestionAuthority on January 12, 2018, 10:23:47 AM

Ask Roger Ver what’s going on. He owns Kraken.com. Maybe he’s converting everyone’s bitcoin to bitcoin cash. As soon as the conversion is complete Kraken will open back up and you will all only see bitcoin cash in your accounts. LOL

Yep, he was the very first investor in Kraken and owns the domain name Kraken.com.

I wish I knew this before!! I would never ever use anything that has connection with 'Roger var'

btcwish1

full member

Activity: 401

Merit: 108

How can an established exchange decides to do such a long maintenance in the middle of the week!! At least they could send a courtesy email to user and do the maintenance in the weekend like any other company..

look at their mainatnce page message... so silly.. so shi**y... Lips sealed

Satish147

full member

Activity: 420

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Harmony for One and All

As of Binance exchange is growing like crazy and i never seen this much growth in any exchange recently. And this is because of their improved infrastructure and UI attracting more and more But already established exchanges like Kraken, Bittrex are not at all trying attract consumers now and they are not giving proper reply to customers and delisting potential coins losing customers trust on them continuously

CrypticGambit

full member

Activity: 280

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The Operating System for DAOs

Quote from: btcwish1 on January 12, 2018, 05:30:59 AM

KRAKEN is down for almost 24 hours. I have accounts in different exchanges and so far this is the longest down time for any exchange I have ever seen.

To make things worse, their update is soooo cynical! "We are close but rather than launch immediately ahead of the team passing out, we will push off a bit to get some rest "

We users are anxiously waiting and you guys are taking rest?? huh!! I sent them a support ticket 3 months ago and till now no reply!! Now this down time...

I will take my money out as soon as it comes back online. But I highly suspect, they will disable withdrawing money after they are online! because they know deep down there are hundreds of more users like me who will leave this crappy exchange as soon as possible!! Huh

Yes I am also pissed at Kraken, What the hell are they doing why they just don't udpdate the servers they have a lot of money from the fees and everything this is really not right. I know some friends, their funds are there and they have a lot of money Sad

maduka15

newbie

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because of heavy new registrations many exchangers are in maintenance...

QuestionAuthority

legendary

Activity: 2156

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You lead and I'll watch you walk away.

Quote from: Kprawn on January 12, 2018, 10:53:16 AM

Quote from: QuestionAuthority on January 12, 2018, 10:23:47 AM

Ask Roger Ver what’s going on. He owns Kraken.com. Maybe he’s converting everyone’s bitcoin to bitcoin cash. As soon as the conversion is complete Kraken will open back up and you will all only see bitcoin cash in your accounts. LOL

This explains why Roger is supporting Bitcoin Cash too, because he likes to invest in technology that will eventually fail. He is also

invested in Blockchain.info and these guys decided to add BCash, before SegWit. {Just wondering if he had a hand in that too} Roll Eyes

The timing with Coinbase and Kraken going down at almost the same time, might also explain the dip in the price. {less volume}

Gold star! Finally someone gets it. I use humor and sarcasm on this forum way too much (because I like to use it in speaking). Someone told me once the spoken word doesn’t always translate well to the written word. I really should stop considering for about 80% of this forum English is a second or third language.

onurgozupek

hero member

Activity: 1306

Merit: 593

In #Bitcoin me trust

Kraken is upgrading it's systems but it's not enough. They are mostly offline. I'm bored of seeing Cloudflare's 502 error page. I assume, Kraken is promoting Cloudflare

But in fact, it's one of the rare fiat exchanges. I use to deposit USD and EURO time to time...

btcwish1

full member

Activity: 401

Merit: 108

Quote from: Kprawn on January 12, 2018, 10:53:16 AM

Quote from: QuestionAuthority on January 12, 2018, 10:23:47 AM

Ask Roger Ver what’s going on. He owns Kraken.com. Maybe he’s converting everyone’s bitcoin to bitcoin cash. As soon as the conversion is complete Kraken will open back up and you will all only see bitcoin cash in your accounts. LOL

This explains why Roger is supporting Bitcoin Cash too, because he likes to invest in technology that will eventually fail. He is also

invested in Blockchain.info and these guys decided to add BCash, before SegWit. {Just wondering if he had a hand in that too} Roll Eyes

The timing with Coinbase and Kraken going down at almost the same time, might also explain the dip in the price. {less volume}

What you mean? COINBASE is not down. its working fine.. KRAKEN is down for more than 24 hours and their maintenance landing page is so sillyyy! I am extremely worried now to say the least.. Angry

Kprawn

legendary

Activity: 1904

Merit: 1073

Quote from: QuestionAuthority on January 12, 2018, 10:23:47 AM

Ask Roger Ver what’s going on. He owns Kraken.com. Maybe he’s converting everyone’s bitcoin to bitcoin cash. As soon as the conversion is complete Kraken will open back up and you will all only see bitcoin cash in your accounts. LOL

This explains why Roger is supporting Bitcoin Cash too, because he likes to invest in technology that will eventually fail. He is also

invested in Blockchain.info and these guys decided to add BCash, before SegWit. {Just wondering if he had a hand in that too} Roll Eyes

The timing with Coinbase and Kraken going down at almost the same time, might also explain the dip in the price. {less volume}

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