Poloniex - creating their own markets by freezing wallets?

tanghere02

sr. member

Activity: 518

Merit: 250

Quote from: Svelto on September 13, 2017, 01:59:43 AM

It seems that Poloniex is going downhill. I notice the price differences between Poloniex and other exchanges.
The coins support is bad and I don't understand why Poloniex is not changing STORJ X to STORJ. Bittrex has done it long ago.

That's what I've noticed too, seems like Poloniex is not doing anything about their issues and there are no good news anymore coming from this site. It is always negative feedbacks about their delay in some transactions or some have issues with transferring their coins to another exchange sites.

Svelto

sr. member

Activity: 686

Merit: 257

It seems that Poloniex is going downhill. I notice the price differences between Poloniex and other exchanges.
The coins support is bad and I don't understand why Poloniex is not changing STORJ X to STORJ. Bittrex has done it long ago.

N1ceCash

newbie

Activity: 9

Merit: 0

i left them after i did send ETH from my wallet to an other wallet of mine, the transaction complete with success in polonex but did int receive money on the other wallet, and didn't find transaction on the blockchain, i did contact them they send my money back to my original wallet, after that, i left them and i will never trust them again.
they could have blush my honesty, if i was sending money to some one else.

shield132

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Quote from: cryptohunter on September 12, 2017, 12:33:44 PM

Is poloniex now copying yobit... they have been doing this for years.

Look at vanilla coin

It's double the price on bittrex??

Same for lots of coins frozen in wallets on polo.

It seems yes, they are copying yobit. Hard to find good altcoin exchange service, mostly they aim to freeze accounts and get rid of some profit loss.

Quote from: RussaX on September 12, 2017, 03:37:09 PM

Yeah I wonder what is the point of random freezing and not allowing to trade certain coins. I didn't had any major problems with polo but as I am hearing it makes me think twice when using it.
Important thing to remember is that you should not use exchanges as wallets. Things can get buggy, something will go wrong with time maybe hack, maybe it will go Gox so better safe than sorry.

To stop loss and remain profit, that's main idea. They don't do this on everyone because it will be like a scam and they don't want it. Also everything depends on exchangers, I think we can trust some exchangers with our bitcoins ( not with 100btc ). Some legit and licensed exchangers won't freeze your account unless they see there are some wrong activities here (for example send money in casino's adress and etc).

tsaroz

legendary

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At least it's still manipulated by the users rather than the site itself.
Time to dump Poloniex now.

RussaX

member

Activity: 80

Merit: 11

Yeah I wonder what is the point of random freezing and not allowing to trade certain coins. I didn't had any major problems with polo but as I am hearing it makes me think twice when using it.
Important thing to remember is that you should not use exchanges as wallets. Things can get buggy, something will go wrong with time maybe hack, maybe it will go Gox so better safe than sorry.

sylance

full member

Activity: 392

Merit: 102

It's a shame really... I love their UI and their trading platform, but the sheer volume of complaints about Poloniex can't be ignored. What blows my mind is the lack of communication from them. I mean, Coinbase sucks, but at least their leadership recognizes it and sends out communications on what they're doing to ramp support and their platform.

The lack of support and more importantly their lack of any type of communication is the most troublesome to me. Bittrex has been treating me really well but their charting platform is so frustrating; having to redo your chart every single time is tedious. But, at least I'm not worrying about them closing up shop tonight!

Sadsong

full member

Activity: 178

Merit: 100

This is to bad I used to like both exchanges for variety. More sites we lose the less options to get us some dire profits.

Red_Sanford

sr. member

Activity: 322

Merit: 250

Quote from: publicjud on September 12, 2017, 01:48:54 PM

They don't have support. At all.
There are too many feedbacks that concern withdrawal and deposit issues. People waiting answers for more than 2-3 months and there is nothing at the end. I'm just curious how much coins had they literally stolen thanks to that "problems". My advice is to stay far far away.

I had 2 accounts there for a long time and there is nothing left but dust.

They used to have such great volume prior to their lags and getting rid of the troll box.

Bittrex picked up most of their volume and aren't having half of the problems Polo had

publicjud

legendary

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They don't have support. At all.
There are too many feedbacks that concern withdrawal and deposit issues. People waiting answers for more than 2-3 months and there is nothing at the end. I'm just curious how much coins had they literally stolen thanks to that "problems". My advice is to stay far far away.

jimlite

legendary

Activity: 1848

Merit: 1018

Yeah I think Polo is going to GOX, very shady. Wallets close for 1 year and only one other exchange, so no arb can be done and prices are phony in walled garden.

cryptohunter

legendary

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Is poloniex now copying yobit... they have been doing this for years.

Look at vanilla coin

It's double the price on bittrex??

Same for lots of coins frozen in wallets on polo.

Topic: Poloniex - creating their own markets by freezing wallets? (Read 441 times)