Author

Topic: Poloniex continues to suck, despite Circle buying them (paid after 42 days) (Read 575 times)

legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
This thread should be locked by the way.

I thought about that earlier as well, but I think there are a lot of other people in the same boat I was in and would appreciate it staying unlocked.

If this thread can save one person from the amount of sleep I've lost & the stress I've endured over the past 42 days over this... it's a win in my book.
hero member
Activity: 3010
Merit: 794
I received my withdraw today!!!!!!!!!!!!

Nice to know, hopefully you've learned to step away from Poloniex after this troublesome experience Tongue

Yeah, you know what. Even though the 10 business days turned out to be 20 days, and the initial withdrawal which was supposed to be done pretty much within a few hours turned out to be more like a month, you got your money back eventually. Plenty of worse exchanges out there that would have taken longer or even not have given you any coins at all, although I'm not saying that polo is a good exchange to use.

Others learn from your experience to stay away from Polo, Circle ain't doing anything to improve the customer service. Keep grinding on your site, man! Sorry to hear about the twitter acc getting shut down, btw.
Good to hear at that the issue had been resolved already since op did able to recieve his withdrawal towards the exchange. This is really an unfortunate experience but somehow it do ends up just fine but the the experience that it gives would really give some mark in our heads.Its up on our choice if we do still make use of these services which we know on how they do give out their job when it comes to these transactions. Even you would switch into other exchange you cant still guarantee that you will able to evade problems.

This thread should be locked by the way.
hero member
Activity: 1666
Merit: 753
I received my withdraw today!!!!!!!!!!!!

Nice to know, hopefully you've learned to step away from Poloniex after this troublesome experience Tongue

Yeah, you know what. Even though the 10 business days turned out to be 20 days, and the initial withdrawal which was supposed to be done pretty much within a few hours turned out to be more like a month, you got your money back eventually. Plenty of worse exchanges out there that would have taken longer or even not have given you any coins at all, although I'm not saying that polo is a good exchange to use.

Others learn from your experience to stay away from Polo, Circle ain't doing anything to improve the customer service. Keep grinding on your site, man! Sorry to hear about the twitter acc getting shut down, btw.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
I received my withdraw today!!!!!!!!!!!!

lol congrats BAC , I started feeling that exchanges are fighting CLAM haha
I mean the same week that poloniex started to pay CLAM withdrawals Cryptopia now isn't showing CLAM deposits , it seems that Dooglus should start an insite exchange  Smiley

I've been bugging Dooglus about having a bid/ask on Just-dice ever since he accepted CLAM.  It isn't going to happen... dooglus knows that if he accepts BTC deposits again that he will be dealing with a huge amount of Bitcoins again overnight.

BUT... We are probably going to add a CLAM/BTC bid/ask on FreeBitcoins.com hopefully by the end of this summer.

richardsNY, ehhh I'm just glad I got my coins!  They can keep their sorry's. I lost a good amount of coins by not staking them for over a month, but o well.
legendary
Activity: 2436
Merit: 1804
guess who's back
I received my withdraw today!!!!!!!!!!!!

lol congrats BAC , I started feeling that exchanges are fighting CLAM haha
I mean the same week that poloniex started to pay CLAM withdrawals Cryptopia now isn't showing CLAM deposits , it seems that Dooglus should start an insite exchange  Smiley
legendary
Activity: 1232
Merit: 1091
I received my withdraw today!!!!!!!!!!!!

That's a major win for humanity!

I hope they at least came up with an apology for the frustration that you had to endure. It's quite shocking that in most cases they just reply with standard forms to let you know and keep repeating they are aware of the issue and whatever, while in reality nothing is happening at all. It once again shows that their initial support can't do anything on its own and for that reason has to forward it to a higher level of support, which is quite pathetic. It's their support system that needs to forward all tickets to the right department, which it clearly isn't doing, and this likely is the root of all these delays. I know they don't swallow the coins and keep them, but in a market this active it can cost you badly when your coins are stuck.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
I received my withdraw today!!!!!!!!!!!!
legendary
Activity: 1764
Merit: 1000
steem dollars stuck for MONTHS now. poloniex is a joke these days, thank god for binance
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
Still no coins or response.



I wonder what the Poloniex people consider a "business day"  Roll Eyes Roll Eyes Roll Eyes
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
Coming up on those 10 business days.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
Finally a response:

"Hi __,

We are sorry that our product and service has not met your expectations.

As a result, we are acknowledging this correspondence as a formal complaint. For your records, this will be filed as Complaint #794250. I have escalated this to a manager so we can properly address your complaint. You can expect a follow up here within 10 business days.

Best,
Poloniex Support Team "

So did you receive your withdrawal yet?

It would be quite funny if you haven't received any coins yet, which I think is the case. Support's first message back at you was telling you to wait some more before they resolve the issue. And that's coming 20 days late. What a joke.

According to https://coinmarketcap.com/exchanges/volume/24-hour/, poloniex's volume is 16th out of all exchanges. That used to be #1. I guess it shows that their incompetence on the support end is driving a lot of whales away as well. I'm certainly not using them to exchange anymore, it's way too risky.

Still no coins.
newbie
Activity: 3
Merit: 0
Finally a response:

"Hi __,

We are sorry that our product and service has not met your expectations.

As a result, we are acknowledging this correspondence as a formal complaint. For your records, this will be filed as Complaint #794250. I have escalated this to a manager so we can properly address your complaint. You can expect a follow up here within 10 business days.

Best,
Poloniex Support Team "
Would you help me? I do not know how to write a complait to sec. I wrote to you a private message and on skype. 31 days XRP - withdrawal complete: error



How many XRP do you have in limbo?
5250 XRP
hero member
Activity: 3010
Merit: 794
Finally a response:

"Hi __,

We are sorry that our product and service has not met your expectations.

As a result, we are acknowledging this correspondence as a formal complaint. For your records, this will be filed as Complaint #794250. I have escalated this to a manager so we can properly address your complaint. You can expect a follow up here within 10 business days.

Best,
Poloniex Support Team "

So did you receive your withdrawal yet?

It would be quite funny if you haven't received any coins yet, which I think is the case. Support's first message back at you was telling you to wait some more before they resolve the issue. And that's coming 20 days late. What a joke.

According to https://coinmarketcap.com/exchanges/volume/24-hour/, poloniex's volume is 16th out of all exchanges. That used to be #1. I guess it shows that their incompetence on the support end is driving a lot of whales away as well. I'm certainly not using them to exchange anymore, it's way too risky.
Checking out the recent update of OP, he havent still able to receive nothing.
Checking out again the message or the reply its being said its an another 10 business days of waiting which do really suck.

I would not be surprised that one day they would really go to the bottom on all exchangers when it comes to volume. People now are leaving due to their poor handling.How sad to see a top tier exchange would come into this.
hero member
Activity: 1526
Merit: 596
Finally a response:

"Hi __,

We are sorry that our product and service has not met your expectations.

As a result, we are acknowledging this correspondence as a formal complaint. For your records, this will be filed as Complaint #794250. I have escalated this to a manager so we can properly address your complaint. You can expect a follow up here within 10 business days.

Best,
Poloniex Support Team "

So did you receive your withdrawal yet?

It would be quite funny if you haven't received any coins yet, which I think is the case. Support's first message back at you was telling you to wait some more before they resolve the issue. And that's coming 20 days late. What a joke.

According to https://coinmarketcap.com/exchanges/volume/24-hour/, poloniex's volume is 16th out of all exchanges. That used to be #1. I guess it shows that their incompetence on the support end is driving a lot of whales away as well. I'm certainly not using them to exchange anymore, it's way too risky.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
Finally a response:

"Hi __,

We are sorry that our product and service has not met your expectations.

As a result, we are acknowledging this correspondence as a formal complaint. For your records, this will be filed as Complaint #794250. I have escalated this to a manager so we can properly address your complaint. You can expect a follow up here within 10 business days.

Best,
Poloniex Support Team "
Would you help me? I do not know how to write a complait to sec. I wrote to you a private message and on skype. 31 days XRP - withdrawal complete: error



How many XRP do you have in limbo?
newbie
Activity: 3
Merit: 0
Finally a response:

"Hi __,

We are sorry that our product and service has not met your expectations.

As a result, we are acknowledging this correspondence as a formal complaint. For your records, this will be filed as Complaint #794250. I have escalated this to a manager so we can properly address your complaint. You can expect a follow up here within 10 business days.

Best,
Poloniex Support Team "
Would you help me? I do not know how to write a complait to sec. I wrote to you a private message and on skype. 31 days XRP - withdrawal complete: error

legendary
Activity: 1932
Merit: 1273
20 days for responses and 10 business day to process, in total 30 days only for withdrawing. Sounds like a good exchange.

I believe the support center problems is already been acknowledge in a few months back then. And there are no significant improvements even though Circle already bought Poloniex.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
Finally a response:

"Hi __,

We are sorry that our product and service has not met your expectations.

As a result, we are acknowledging this correspondence as a formal complaint. For your records, this will be filed as Complaint #794250. I have escalated this to a manager so we can properly address your complaint. You can expect a follow up here within 10 business days.

Best,
Poloniex Support Team "
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
20 days with no reply and no coins.

I've filed an SEC complaint today.  I'm sure it won't do anything, but holy fucking shit.  The poloniex bastards are criminal for doing shit like this.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
You catch more flies with honey than vinegar, but holy shit at the same point. Cheesy
legendary
Activity: 2383
Merit: 1551
dogs are cute.
I certainly wasn't expecting much.  Circle strike me as one of those style-over-substance outfits.  They think if they sit there trying to look edgy and cool that people will take them seriously.  All hype, no action.  Then, when it turns out they don't actually have a legitimate business plan, they blame someone else for their own shortcomings. 

Honestly, I doubt it's going to get better.

The only reason people thought their first attempt at an exchange was a big deal is because no one could get an invite.  Not because it was massively popular, but because they couldn't even support the limited number of customers they had, so couldn't expand the business by accepting any more.  It was destined to fail and it did.  All the signs seemingly point to a repeat performance with Polo.
Well can't agree more. Also I stumbled upon this article where the Circle Poloniex team says what they are planning to do. Made me chuckle on how much they are bullshitting. Cheesy
I'm not being rude.

I did expect them to be better... O well.
Oh don't mistaken me. I am not saying that you're being rude. What I meant is be a little polite in your support tickets to poloniex,might help your issue getting solved much faster. I don't know if this would actually work in theory but I have seen that people don't act well when you swear/be angered at them,this lowers their morale as they have to go through the same shit over and over again.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
I'm so fucking annoyed with myself for trying them again.

They hung some funds up in January for me as well... took forever to get sorted out.

I'm not going to let it happen again.

PS: Still no funds or response
To be honest 13 days is no where near to the number of days poloniex used to lock/disable access to the user's funds. Probably I can only tell you to be a little patient and non harsh to them,because these people definitely don't like "rude behaviour".
But did anyone seriously expect poloniex to get better after Circle purchased it?

I'm not being rude.

I did expect them to be better... O well.
legendary
Activity: 3724
Merit: 3063
Leave no FUD unchallenged
But did anyone seriously expect poloniex to get better after Circle purchased it?

I certainly wasn't expecting much.  Circle strike me as one of those style-over-substance outfits.  They think if they sit there trying to look edgy and cool that people will take them seriously.  All hype, no action.  Then, when it turns out they don't actually have a legitimate business plan, they blame someone else for their own shortcomings. 

Honestly, I doubt it's going to get better.

The only reason people thought their first attempt at an exchange was a big deal is because no one could get an invite.  Not because it was massively popular, but because they couldn't even support the limited number of customers they had, so couldn't expand the business by accepting any more.  It was destined to fail and it did.  All the signs seemingly point to a repeat performance with Polo.
legendary
Activity: 2383
Merit: 1551
dogs are cute.
I'm so fucking annoyed with myself for trying them again.

They hung some funds up in January for me as well... took forever to get sorted out.

I'm not going to let it happen again.

PS: Still no funds or response
To be honest 13 days is no where near to the number of days poloniex used to lock/disable access to the user's funds. Probably I can only tell you to be a little patient and non harsh to them,because these people definitely don't like "rude behaviour".
But did anyone seriously expect poloniex to get better after Circle purchased it?
newbie
Activity: 31
Merit: 0
They do not give me money for 2 months, the status of Awaiting Approwal!!! Sum of 100 ETH

What do you plan to do? Can you get to their office? I will pay all your expenses after solving the issue with them! I am even more so with Russia and it is more difficult for me to do this than to you.

Who can get to their office? I will pay money for a visit to their office and resolve the issue with money.

https://prnt.sc/ifmtlo

I think you added me on Skype.

Have you opened a support ticket?

Yes! https://poloniex.freshdesk.com/helpdesk/tickets/754683
legendary
Activity: 2383
Merit: 1551
dogs are cute.
Why Asia? Is it to get away from American regulators?

Asians are less stupid and lazy than Americans as a whole.

It is an odd one. If they're thinking of trying to dominate Asian markets that would be a big old task and they could throw infinite money at it and get nowhere.
Also if they expand in Asia,their cost would cut down by a huge margin. Asia is much cheaper than the US. Circle can easily double their cash flow by this. This is something that most of the US companies are doing,set up a company in US,and make a "good name" of themselves in the market,and when things go smoothly,they show their real ambition,that is sell their company to a Asian guy for millions of dollars,or they just move their entire business to somewhere in Asia. It really boosts up their cash flow,seriously.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
They do not give me money for 2 months, the status of Awaiting Approwal!!! Sum of 100 ETH

What do you plan to do? Can you get to their office? I will pay all your expenses after solving the issue with them! I am even more so with Russia and it is more difficult for me to do this than to you.

Who can get to their office? I will pay money for a visit to their office and resolve the issue with money.



I think you added me on Skype.

Have you opened a support ticket?
newbie
Activity: 31
Merit: 0
They do not give me money for 2 months, the status of Awaiting Approwal!!! Sum of 100 ETH

What do you plan to do? Can you get to their office? I will pay all your expenses after solving the issue with them! I am even more so with Russia and it is more difficult for me to do this than to you.

Who can get to their office? I will pay money for a visit to their office and resolve the issue with money.
https://prnt.sc/ifmtlo
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
I've been waiting on a "Pending Approval" withdraw for 13 days now.

I've had a support ticket open for 13 days without a single reply.

Super frustrating.  You would think with Circle buying Poloniex out, that Poloniex would start to suck a little less.

Fucking trash.  Canceling my whole account once I receive my coins.

And the bold part is the best decision to take. I cannot imagine my funds hanged somewhere for a whole 13 days and there is no hope in sight whether there is fault somewhere causing the delay or there is need for any form of verification or confirmation just a total silence. The excesses of Poloniex is one too many that didn't even abate with the new management team coming on board by way of acquisition. It's time yo ditch and wait for them to sort themselves out.

I'm so fucking annoyed with myself for trying them again.

They hung some funds up in January for me as well... took forever to get sorted out.

I'm not going to let it happen again.

PS: Still no funds or response
hero member
Activity: 798
Merit: 503
I've been waiting on a "Pending Approval" withdraw for 13 days now.

I've had a support ticket open for 13 days without a single reply.

Super frustrating.  You would think with Circle buying Poloniex out, that Poloniex would start to suck a little less.

Fucking trash.  Canceling my whole account once I receive my coins.

And the bold part is the best decision to take. I cannot imagine my funds hanged somewhere for a whole 13 days and there is no hope in sight whether there is fault somewhere causing the delay or there is need for any form of verification or confirmation just a total silence. The excesses of Poloniex is one too many that didn't even abate with the new management team coming on board by way of acquisition. It's time yo ditch and wait for them to sort themselves out.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Even if they have changed the owner changes in their business including customer service will not happen over night. And currently they are probably having some other issues in focus.
Circle will have to do a lot of efforts to implement good business practice again and to gain the customer trust that has been lost.
sud
sr. member
Activity: 826
Merit: 301
Haven't log in Poloniex since last summer, when few of my friends had their ETC freezed on withdraw for months, and to be honest I don't miss it. Many new exchanges launched recently so there is more and more competition, and Polo still doing nothing to be customer friendly... One can only hope that Circle will implement some new, better standards in time.
legendary
Activity: 1652
Merit: 1483
Payments technology company Circle announced it plans to hire up to 100 people in Asia to expand its recently acquired Poloniex cryptocurrency exchange, Bloomberg reports today, March 15.

Why Asia? Is it to get away from American regulators?

why not? asia (at least east asia---china, japan, korea) is a massive market. chinese and koreans in particular are born speculators and gamblers. and given the region's population, the market is still largely untapped.

Still no coins or reply... Day 14.

that's nothing by poloniex standards. if you get the issue resolved within a month, i'd consider it an improvement. every time i click "withdraw" on polo, i say a little prayer. Tongue
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
Why Asia? Is it to get away from American regulators?

Asians are less stupid and lazy than Americans as a whole.

It is an odd one. If they're thinking of trying to dominate Asian markets that would be a big old task and they could throw infinite money at it and get nowhere.

 Roll Eyes

Still no coins or reply... Day 14.
member
Activity: 232
Merit: 38
I've never had withdrawal problems at Poloniex, but I have heard plenty of horror stories. However, the problem I had was when they released their "Legacy Account" mandatory verification notice back in December, I had lots of issues just trying to go through their "automated" verification system, and after submitting multiple tickets with zero response, I resigned myself to having to cut Polo from my list of exchanges. And then, a week or so ago (so 2+ months after initial attempts of verification + support tickets), my account was finally verified. Still no response to any of my tickets, but oh well. I am hoping that the Circle integration does help a lot, because I do like Polo's interface.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Why Asia? Is it to get away from American regulators?

Asians are less stupid and lazy than Americans as a whole.

It is an odd one. If they're thinking of trying to dominate Asian markets that would be a big old task and they could throw infinite money at it and get nowhere.
legendary
Activity: 2170
Merit: 1427
What I did was, sent messages to their support team every 3 hours for the first 3 days. Then did it once a day for the next 6 days, then I went public on Twitter on the last day lol. Then the coins arrived.

Very likely pure coincidence. The thing with exchange support priority systems is that it doesn't help if you keep sending emails. Your recent emails will not be read, and if you are being seen as a spammer, they might even completely junk out your most recent mails. Social media is full of people complaining, so you doing that as well won't mean anything to them. It's just another one in an already massive list.

What people here don't realize is that Poloniex is the first exchange to be fully approved by the SEC, which is a major advantage leap Circle now enjoys. I am fairly sure that they don't mind the outflow of regular users since I am expecting it to function as securities and options exchange for deep pockets later on. I don't expect anything to happen this year with Poloniex, but it's a worthy asset in JPM's and GS's portfolio with the SEC approval in their pocket.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!

it seems more that they are greedy and do not want to fix the biggest problems of all exchange: lack of sufficient staff to solve the problems of the clients, according to this:

Circle Co-Founder Says Recently-Acquired Poloniex Exchange Will Expand In Asia

Payments technology company Circle announced it plans to hire up to 100 people in Asia to expand its recently acquired Poloniex cryptocurrency exchange, Bloomberg reports today, March 15.

your focus is on expanding and getting more profits instead of focusing on solving the current problem




Why Asia? Is it to get away from American regulators?
hero member
Activity: 1526
Merit: 596
I've been waiting on a "Pending Approval" withdraw for 13 days now.

I've had a support ticket open for 13 days without a single reply.

Super frustrating.  You would think with Circle buying Poloniex out, that Poloniex would start to suck a little less.

Fucking trash.  Canceling my whole account once I receive my coins.

1. You should not be waiting 13 days for a reply from support.
2. Your money should not be held up because of "security concerns", especially for so long.
3. At least give an option where instant withdrawals are available, instead of it being "awaiting approval".

Quote
When the Poloniex-Circle integration began in late February, together we faced a backlog of 159,000 customer issues. Over the past 6 weeks, we have resolved 76,000 of those issues and added 6 new agents to our support team. We have tripled the number of engineers working on our wallet infrastructure and streamlined the process for notifying engineering when technical support is needed.

This is promising.... I'm REALLY just hoping I get this fucking deposit before next month.

Well, it don't mean jackshit if your problem hasn't been resolved, and your problem arose when poloniex was already acquired by Circle.

They should be focusing all of their manpower to resolving current issues before moving onto expanding into Asia or whatever. I understand they want to profit and whatnot, but they need to sort out existing problems.
hero member
Activity: 1666
Merit: 753
I've been waiting on a "Pending Approval" withdraw for 13 days now.

I've had a support ticket open for 13 days without a single reply.

Super frustrating.  You would think with Circle buying Poloniex out, that Poloniex would start to suck a little less.

Fucking trash.  Canceling my whole account once I receive my coins.

Completely agreed. Especially if you don't have 2fa enabled, you are especially prone at this pending approval BS.

I had the same issue last year with a bitcoin withdrawal. Took them around 3 weeks to 1 month to actually get their stuff together, and finally make the withdrawal go through. This is unacceptable. I do hope that the circle buyout helps them somewhat but looking at this point, it's not helping their reputation get any better if old problems persist.

They used to be one of the top exchanges, but now they are just trash. I don't know how else you could describe them, honestly.
newbie
Activity: 17
Merit: 0
My last withdrawal at Poloniex didnt last for a day? what's happening to them right now Sad?
sr. member
Activity: 868
Merit: 259
I had the same thing happen to me last year, but the coins went to my wallet. Eventually lol. It took 10 days.

What I did was, sent messages to their support team every 3 hours for the first 3 days. Then did it once a day for the next 6 days, then I went public on Twitter on the last day lol. Then the coins arrived.

legendary
Activity: 1652
Merit: 1483
circle to me is one of the worst businesses that were created in bitcoin world. the owner of it is also incompetent. if I recall correctly I think it was last year that they stopped one of their main services because it wasn't generating them money and to cover it up and shut their angry customers up they started attacking bitcoin and spreading some FUD about it!!!
them buying poloniex was the signal to stay away from Polo for me at least!

Circle quit retailing BTC but remained a big OTC player. Going on their track record with that I wouldn't have a huge amount of faith that they're going to keep the faith if the crypto market decides to hibernate.

They bought Poloniex while the hype was still reasonably hot. What happens if it dies out completely until 2020?

...they bail a couple months before the next bubble like last time? Smiley

seems unlikely this time. this is a big undertaking. i don't think this acquisition was taken lightly given their plans:

Quote
According to a slide from a confidential Circle presentation posted on Twitter by New York Times reporter Nathaniel Popper, it appears Circle has plans to turn Poloniex into a licensed alternative trading system (ATS), along the lines of what Overstock is doing with tZero . According to the slide, after closing the sale, Circle will begin the process of licensing Poloniex with the SEC and Financial Industry Regulatory Authority (FINRA).

if they're smart, they'll follow through with their business plan and take from each side of the spread, making a killing as exchanges have already been doing for years. even if we go into hibernation for 2-3 years, so what?
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
Quote
When the Poloniex-Circle integration began in late February, together we faced a backlog of 159,000 customer issues. Over the past 6 weeks, we have resolved 76,000 of those issues and added 6 new agents to our support team. We have tripled the number of engineers working on our wallet infrastructure and streamlined the process for notifying engineering when technical support is needed.

This is promising.... I'm REALLY just hoping I get this fucking deposit before next month.
legendary
Activity: 3150
Merit: 1125
Leading Crypto Sports Betting & Casino Platform
Fucking trash.  Canceling my whole account once I receive my coins.

it seems more that they are greedy and do not want to fix the biggest problems of all exchange: lack of sufficient staff to solve the problems of the clients, according to this:

Circle Co-Founder Says Recently-Acquired Poloniex Exchange Will Expand In Asia

Payments technology company Circle announced it plans to hire up to 100 people in Asia to expand its recently acquired Poloniex cryptocurrency exchange, Bloomberg reports today, March 15.

your focus is on expanding and getting more profits instead of focusing on solving the current problem


legendary
Activity: 2590
Merit: 3014
Welt Am Draht
circle to me is one of the worst businesses that were created in bitcoin world. the owner of it is also incompetent. if I recall correctly I think it was last year that they stopped one of their main services because it wasn't generating them money and to cover it up and shut their angry customers up they started attacking bitcoin and spreading some FUD about it!!!
them buying poloniex was the signal to stay away from Polo for me at least!

Circle quit retailing BTC but remained a big OTC player. Going on their track record with that I wouldn't have a huge amount of faith that they're going to keep the faith if the crypto market decides to hibernate.

They bought Poloniex while the hype was still reasonably hot. What happens if it dies out completely until 2020?
legendary
Activity: 1526
Merit: 1179
Seven weeks to turn around a place that's been gradually decaying for years? First you have to find more staff who have a clue, then you have to find staff who aren't thieves, then you have to train them up.

All of that takes time and money and plenty of it.

If I were Circle I would've put some type of announcement up nominating a date for a reboot and kept things as they are until then with incremental improvements where possible.
Completely agree with that. I honestly don't think people should expect anything significant to happen this year with the level of work that still needs to be processed, which definitely has more priority right now.

That exchange has been neglected for such a long period of time, that Circle actually bought itself a massive pile of rubbish. Bitstamp or any other capable exchange would have been a better buy.

Bitstamp is said to be taken over for roughly the same amount of capital, which might have been a better deal, but maybe they attempted to acquire Bitstamp before Poloniex, but failed and were 'forced' to go for Poloniex.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
circle to me is one of the worst businesses that were created in bitcoin world. the owner of it is also incompetent. if I recall correctly I think it was last year that they stopped one of their main services because it wasn't generating them money and to cover it up and shut their angry customers up they started attacking bitcoin and spreading some FUD about it!!!
them buying poloniex was the signal to stay away from Polo for me at least!
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
It's about seven weeks since the acquisition by Circle , don't you think that is enough time to set down measures to prevent issues such as the 13 days withdrawal this OP is complaining about?

Seven weeks to turn around a place that's been gradually decaying for years? First you have to find more staff who have a clue, then you have to find staff who aren't thieves, then you have to train them up.

All of that takes time and money and plenty of it.

If I were Circle I would've put some type of announcement up nominating a date for a reboot and kept things as they are until then with incremental improvements where possible.
full member
Activity: 621
Merit: 108
Their Doge wallet has been under maintenance for a week too.

On the bright side they issued the following notice:

https://poloniex.com/press-releases/2018.04.06-Circle-Poloniex-Journey-Six-Weeks-In/

Quote
When the Poloniex-Circle integration began in late February, together we faced a backlog of 159,000 customer issues. Over the past 6 weeks, we have resolved 76,000 of those issues and added 6 new agents to our support team. We have tripled the number of engineers working on our wallet infrastructure and streamlined the process for notifying engineering when technical support is needed.

So Circle has stumped up the money for new staff. However they do need to fix issues quickly - Poloniex's backlogs have been going for nearly a year now, and they're losing customers.

This is something I'd call a good effort to clean up the mess. Let's see if they can sort out the backlog and then concentrate on service/inftastructure improvement.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
Their Doge wallet has been under maintenance for a week too.

On the bright side they issued the following notice:

https://poloniex.com/press-releases/2018.04.06-Circle-Poloniex-Journey-Six-Weeks-In/

Quote
When the Poloniex-Circle integration began in late February, together we faced a backlog of 159,000 customer issues. Over the past 6 weeks, we have resolved 76,000 of those issues and added 6 new agents to our support team. We have tripled the number of engineers working on our wallet infrastructure and streamlined the process for notifying engineering when technical support is needed.

So Circle has stumped up the money for new staff. However they do need to fix issues quickly - Poloniex's backlogs have been going for nearly a year now, and they're losing customers.
full member
Activity: 448
Merit: 110
Well you have to think about it in the fact that Circle just recently bought them out, so I don't think they've really gone through mass changes yet. Once they do though, Once Circle really hones in on making Poloniex like the support / service they provided for Circle, then they're going to be doing good.

You have to give it time, it's going to take some time but I know that Circle is a good company that will save Polo before it is fully eaten up by Binance.
It's about seven weeks since the acquisition by Circle , don't you think that is enough time to set down measures to prevent issues such as the 13 days withdrawal this OP is complaining about?
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
Well you have to think about it in the fact that Circle just recently bought them out, so I don't think they've really gone through mass changes yet. Once they do though, Once Circle really hones in on making Poloniex like the support / service they provided for Circle, then they're going to be doing good.

You have to give it time, it's going to take some time but I know that Circle is a good company that will save Polo before it is fully eaten up by Binance.
legendary
Activity: 3934
Merit: 1248
Owner at AltQuick.com
I've been waiting on a "Pending Approval" withdraw for 13 days now. (EDIT: Over 20 days now. EDITEDIT: Over 40 and customer support answer about 10 business days turned out to be bullshit.)

I've had a support ticket open for 13 days without a single reply.

Super frustrating.  You would think with Circle buying Poloniex out, that Poloniex would start to suck a little less.

Fucking trash.  Canceling my whole account once I receive my coins.

(Topic is updated with how many days it has been... fucking insane)

I would HIGHLY advice not to deposit on Poloniex.  This is a absolute fucking nightmare.

tl;dr:



EDIT:  I've received my withdraw today. 5/8/18 (took a little over 40 days and around 21 days after support said 10 business days)
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