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Topic: Poloniex Fractional Reserve Bankrupt - page 2. (Read 1294 times)

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
August 26, 2017, 10:34:41 PM
#10
Is there any truth to this!!?

Check out the service discussion section where this topic will eventually end up.
Maybe even the scam section.
full member
Activity: 392
Merit: 102
August 26, 2017, 10:02:33 PM
#9
I'm spread across Poloniex, Bittrex, and Bitfinex.  I love my Bitfinex experience but I recently purchased Gunthar's automated trading bot, Gunbot, and it only supports Bittrex, Poloniex, and Kraken.  I've never had any issues with Poloniex but I'll probably slowly move my coin to Bittrex.
legendary
Activity: 1568
Merit: 1002
August 26, 2017, 09:55:07 PM
#8
I'm not shocked by this information, I have long since left the poloniex before I get into trouble with poloniex, because I'm sure the poloniex management is not good anymore.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
August 26, 2017, 09:45:31 PM
#7
This is not the first time Poloniex behaved like this.
They do have a poor support that's why they are loosing their users.
But they are still the largest traders and working.
Give them time, I do believe they have learned from the previous failed exchanges.
sr. member
Activity: 308
Merit: 250
August 26, 2017, 09:41:42 PM
#6
I turned to Bittrex for months as polo did not add hottest new coins I like at that time. I have to say , polo's service is becoming worse and worse.
I suggest you guys leave polo for your assets's security.
full member
Activity: 1002
Merit: 112
August 26, 2017, 09:18:02 PM
#5
Is this for real? I still have clams, LSK and Doge on my poloniex account. This is the first time that i've heard about this. I hope this is not true coz i spent a lot on Doge and Clams and i haven't withdraw it yet.
sr. member
Activity: 406
Merit: 250
August 26, 2017, 09:12:24 PM
#4
Where did you see that their fractional reserve is bankrupt?  I just did a search and I found several opinion pieces but nothing other than blog posts.  This stuff makes me crazy because it spreads fear so fast.

I couldn't find official news for this, but how about my litecoin withdrawals are pending for 1 week? I didn't receive those litecoins and they are not in my poloniex account as well. Their suport never answers the tickets, I tried it several times.

Poloniex is a scam and they stole my money clearly. I lived the same story in ethereum 3 weeks ago, I've withdrawn ethereum and I never get them. They disappeared!

I think it would be the best lesson for the scammer owners to get arrested by FBI. Hopefully some American users already contacted with the police.
full member
Activity: 392
Merit: 102
August 26, 2017, 09:07:31 PM
#3
Where did you see that their fractional reserve is bankrupt?  I just did a search and I found several opinion pieces but nothing other than blog posts.  This stuff makes me crazy because it spreads fear so fast.
full member
Activity: 224
Merit: 100
August 26, 2017, 07:11:54 PM
#2
Is there any truth to this!!?
sr. member
Activity: 497
Merit: 251
August 26, 2017, 06:31:12 PM
#1
If you havent heard it had you hear it here first

Poloniex, same fate as Cryptsy

3 Phases

1. Customer Lock-out Phase
    No support answers, withdrawals pending for months

2. Customer Asset Freeze
    All Customer assets are frozen and can not be withdrawn

3. Exchange closed
    Poloniex shuts down, funds are in limbo
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