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Topic: POLONIEX is probably the next exchange to go down (Read 4252 times)

newbie
Activity: 4
Merit: 0
Since setting up www.suepoloniex.today we've had a flood of requests and information about;

  • users transfers saying they've completed and never appearing at the other end
  • site stop sell safety precautions not kicking in, causing them to lose funds
  • margins dropping below 0% before auto selling, rather than 20%, causing a total loss of all funds on entire account.
  • cancel orders not working, causing loss when market eventually changes
  • support tickets being ignored / not being answered. Personally I had mine going for 19 days prior to setting up this site to gather info to build a case.

If you have similar experiences, PLEASE come forward.
Poloniex has only rewarded legal action in the past, we're stronger together and the only good resolution here is to stick together and present a case.

www.suepoloniex.today


Withdrawals for amounts < 0.1 (BTC) always are processed fast in my situation, withdrawals valued > 0.1 BTC sometimes are processed after 1 or 2 days!!

But it's even worse - opened margin positions when they're getting profit and this profit is really huge, very often cannot be closed by user (progress "circle" runs indefinitely or website shows 404 error page) and in oposite situation when they losing profit and are close to margin liquidation, user can close such position in almost realtime. Such sitations happens with bigger investitions (from 1-2 BTC and more) but sometimes (very rarely) also with smaller investitions.

I have some experience with IT security and programming and some suspections provided in many people opinions about poloniex may be true... because i don't believe that such big trading platform
can't resolve performances and security issues....


legendary
Activity: 1302
Merit: 1000
Without taking into account the legal part of the question, it looks like Poloniex has a very good technology behind the scenes.

Yes, I still believe them because the coding department is very accurate in solving the problems. Right now there are some issues like lagging and withdrawals but they overcome all these issues because they don't want to loose the reputation in the market.
newbie
Activity: 1
Merit: 0
Since setting up www.suepoloniex.today we've had a flood of requests and information about;

  • users transfers saying they've completed and never appearing at the other end
  • site stop sell safety precautions not kicking in, causing them to lose funds
  • margins dropping below 0% before auto selling, rather than 20%, causing a total loss of all funds on entire account.
  • cancel orders not working, causing loss when market eventually changes
  • support tickets being ignored / not being answered. Personally I had mine going for 19 days prior to setting up this site to gather info to build a case.

If you have similar experiences, PLEASE come forward.
Poloniex has only rewarded legal action in the past, we're stronger together and the only good resolution here is to stick together and present a case.

www.suepoloniex.today
full member
Activity: 394
Merit: 100
with all these accusations and practice i strongly believe the SEC or law enforcement will probably look into them soon. IRS love this kind of money activities. so don't left much coins in there.

I could be the case. Cryptsy was one of the most trusted exchanges on the internet, and so was bter. Both of them went scam/partially scam.

But if you think about it - you can't really trust any exchange. Just don't store your coins in an exchange for the long term, I think that's practical solution to minimise the chances of your coins disappearing. Only store them in an exchange while actually trading.

I hear you... I don't keep any coins in exchanges longer than I need to. Their trollbox is worth a laugh at least.
sr. member
Activity: 294
Merit: 250
with all these accusations and practice i strongly believe the SEC or law enforcement will probably look into them soon. IRS love this kind of money activities. so don't left much coins in there.

I could be the case. Cryptsy was one of the most trusted exchanges on the internet, and so was bter. Both of them went scam/partially scam.

But if you think about it - you can't really trust any exchange. Just don't store your coins in an exchange for the long term, I think that's practical solution to minimise the chances of your coins disappearing. Only store them in an exchange while actually trading.
legendary
Activity: 1245
Merit: 1004
Ooooh.  We're so scaaaared...  Woooo the feds are coming!  Haha.
They are only homing in for communism. Capitalism is always safe, regardless of how many casualties.
sr. member
Activity: 458
Merit: 265
i already answer again and again, this poloniex market manipulating is in planview. this practice is illegal.
when the authority check into this they should find tax evasion and even money laundering.
all customers have the rights to sue them for this manipulations
Market manipulation, tax evasion, and money laundering are three completely separate issues. The latter two would not be evident in the order books whatsoever. It's unfortunate that you don't have 2 brain cells to wrap around this concept. Maybe your attorneys can explain it to you when you file your lawsuit.
legendary
Activity: 1764
Merit: 1000
i already answer again and again, this poloniex market manipulating is in planview. this practice is illegal.
when the authority check into this they should find tax evasion and even money laundering.
all customers have the rights to sue them for this manipulations
legendary
Activity: 1120
Merit: 1000
Most entertaining site evAAAAAAAAArr lol
member
Activity: 87
Merit: 10
You n00bs just got benthached! Cheesy Let me guess, you saw his Hero status and thought this guy might have some insight? Little do you know he is legally retarded. He lost all his money a few years ago, and has trolled ever since. I love him! He is always wrong, see his posts. He is the George Castanza of cryptos.
legendary
Activity: 3906
Merit: 1403
Life, Love and Laughter...
Just tell the SEC, the feds, the WHOEVER to bring it on.  We ain't scared.  Bring Poloniex down now!

sr. member
Activity: 366
Merit: 250
Haters gonna hate...

Looosers gonna lose...


So whats your problem with Polo niggas?¿

A reliable exchange, fast, almost no problems, good support, good volumes, good liquidity, allowing altcoin margin...

Polo it's by far the best exchange in altcoin history, and you're telling us about market manipulation and illegal shits.

Polo works with BTC, and SEC or other legal entity cannot say a shit to Polo.

If you want to be 100% legal, go to Wall St. and get your super-overvaluated shares of the FED market (Hey, but this manipulation it's legal).

If you're here, you assume that you're in the Wild West of finance.

Don't come here with your legal bullshit, you're not welcome. Wink

full member
Activity: 147
Merit: 100
RevolverCoin Team
None of the exchanges are 100%. It's how everything is ran in crypto-world.  It's fine to speculate but it's just a known fact not to leave funds on an exchange for any length of time.  You could have determined Cryptsy was in trouble when they started raffling off hardware for Cryptsy Points.

Cryptsy had lots of problems. Non-scalable, unreliable architecture with unprofessional business activity. I worked with their API and it was absolutely clear for me.
hero member
Activity: 924
Merit: 1000
None of the exchanges are 100%. It's how everything is ran in crypto-world.  It's fine to speculate but it's just a known fact not to leave funds on an exchange for any length of time.  You could have determined Cryptsy was in trouble when they started raffling off hardware for Cryptsy Points.
legendary
Activity: 3906
Merit: 1403
Life, Love and Laughter...
FUD.  Please cite specific laws being broken.  The fudders will come out strong as the btc/crypto markets are rising. 

1 right now is market manipulating, this is just being planview. all it need is 1 smart IRS to record and snap shot the daily volume then calculating the fees. i'm 100% sure poloniex never pay the full tax being cooperated with the scammer(s) like etherieum team, tax evasion.

Ooooh.  We're so scaaaared...  Woooo the feds are coming!  Haha.

i think it will be soon, don't be surprised

Sure it will...  Pfffft.
legendary
Activity: 1764
Merit: 1000
FUD.  Please cite specific laws being broken.  The fudders will come out strong as the btc/crypto markets are rising. 

1 right now is market manipulating, this is just being planview. all it need is 1 smart IRS to record and snap shot the daily volume then calculating the fees. i'm 100% sure poloniex never pay the full tax being cooperated with the scammer(s) like etherieum team, tax evasion.

Ooooh.  We're so scaaaared...  Woooo the feds are coming!  Haha.

i think it will be soon, don't be surprised
legendary
Activity: 3906
Merit: 1403
Life, Love and Laughter...
FUD.  Please cite specific laws being broken.  The fudders will come out strong as the btc/crypto markets are rising. 

1 right now is market manipulating, this is just being planview. all it need is 1 smart IRS to record and snap shot the daily volume then calculating the fees. i'm 100% sure poloniex never pay the full tax being cooperated with the scammer(s) like etherieum team, tax evasion.

Ooooh.  We're so scaaaared...  Woooo the feds are coming!  Haha.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
FUD.  Please cite specific laws being broken.  The fudders will come out strong as the btc/crypto markets are rising. 

1 right now is market manipulating, this is just being planview. all it need is 1 smart IRS to record and snap shot the daily volume then calculating the fees. i'm 100% sure poloniex never pay the full tax being cooperated with the scammer(s) like etherieum team, tax evasion.

Maybe you should stfu?
legendary
Activity: 1764
Merit: 1000
FUD.  Please cite specific laws being broken.  The fudders will come out strong as the btc/crypto markets are rising. 

1 right now is market manipulating, this is just being planview. all it need is 1 smart IRS to record and snap shot the daily volume then calculating the fees. i'm 100% sure poloniex never pay the full tax being cooperated with the scammer(s) like etherieum team, tax evasion.
full member
Activity: 147
Merit: 100
RevolverCoin Team
Without taking into account the legal part of the question, it looks like Poloniex has a very good technology behind the scenes.
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