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Topic: Poloniex will become great again! - page 12. (Read 1755 times)

jr. member
Activity: 284
Merit: 5
April 25, 2019, 03:08:37 PM
#31
Are they tend to become home for abandoned coins like BCHSV or preparing for any IEOs?
Personally, i don't vy for old and experienced exchanges resorting to IEOs as a redemption to their probably "failed" mission. As an exchange, you should compete with others and gain the trust of crypto community other than trying to use pump and dumps as a last resort. You'll end up at the bottom at the end. IEOs haven't proven any "meaningful" better situations other than ICOs/STOs...you can check up on them. They're still catalysing the old pumo and dump issues of ICOs
legendary
Activity: 2968
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
April 25, 2019, 03:01:09 PM
#30
Poloniex if I most say is a good exchange with a good team, but one thing they lack which is very important is a user friendly, one thing as developer to consider before building any project is the users of that project.

You need to check how easy it would be for them to make use of the platform, a developer should first see himself as a newbie or call newbies to ask them what kind of platform they need, because once you are not able to create a user friendly platform, you cannot get mass adoption due to competition.
hero member
Activity: 672
Merit: 526
April 25, 2019, 12:50:19 PM
#29
Poloniex has always been one of my favorite exchanges. It always seemed reliable to me, even though I did not know who the owners were. I say, trustworthy when comparable to other exchanges.

This purchase by Circle really raised their level. Today I trust they have sufficient liquidity and security.
member
Activity: 938
Merit: 13
AMEPAY
April 25, 2019, 12:37:08 PM
#28
It may be true as i am not active on polonkex anymore but i do feel that they are quite late now i mean they were one of the top exchange just couple of years back but they just could not capitalize on their success and built some bigger platform rather they act lazily on each issue and were left far behind in exchanges race and now we have a whole new lot of bigger and better exchanges.
hero member
Activity: 1568
Merit: 544
April 25, 2019, 12:25:53 PM
#27
They lost there old users and those wont come back any time soon. Maybe they can gain some interest with the new comers but it will take more then coin listings and margin trading to get the confidence back.
full member
Activity: 616
Merit: 100
April 25, 2019, 12:07:05 PM
#26
Strange, but for some reason I did not notice that Poloniex really turns out to be used, so I think that this is just a topic that today is probably used to support the reputation of the Poloniex project. I think it’s really possible to use Binance
member
Activity: 300
Merit: 93
April 25, 2019, 09:04:34 AM
#25
the support team is very slow and does not meet all customer requirements. Especially, this exchange always has delays and rejects customers' transactions when pumps and growth waves appear, greatly affecting the benefits, many complaints and without a reasonable answer, the return of poloniex is too late, prestige has fallen too seriously.
I agreed that in the past, supports of Poloniex team were too slow, but after partnership with Circle, I saw their supports very fastly, and good, in my opinion. For delays and rejects transactions of customers, are you serious? They made mistakes with their strategies (customers supports and KYC verification process), but they changed and I think they can get benefits from their strategy changes. I could be wrong, but Poloniex, in reality has its solid position in crypto. Sometimes ups, some times downs in ranking position for crypto exchanges, but Poloniex has still been a good exchange.
hero member
Activity: 1316
Merit: 502
April 25, 2019, 08:15:07 AM
#24
I don't think Poloniex will be great again based on new site features. They are all good but people remember the lousy customer support they had. They wouldn't come back from that hurt. The best Poloniex can do is have more engagement with the trading community, that's what Binance and Bitmex did.
Well, even if it comes back with a very good appearance and enthusiastic support, people still don't continue to accept or participate in this exchange because you are right, people have had a bad time with it, the support team is very slow and does not meet all customer requirements. Especially, this exchange always has delays and rejects customers' transactions when pumps and growth waves appear, greatly affecting the benefits, many complaints and without a reasonable answer, the return of poloniex is too late, prestige has fallen too seriously.
member
Activity: 300
Merit: 93
April 25, 2019, 08:08:14 AM
#23
If I remembered exactly, they just long delayed supported their customers in the past, before surpassed by Bittrex, and Binance, but the good things
is no customers got losses from Poloniex, right? I did not see complaint that someone got money losses due to bad supports from Poloniex. Some months in blossom of crypto in 2017, lags on Poloniex were big issues, but after that they all solved.
I don't think Poloniex will be great again based on new site features. They are all good but people remember the lousy customer support they had. They wouldn't come back from that hurt. The best Poloniex can do is have more engagement with the trading community, that's what Binance and Bitmex did.

I generally think that Poloniex will not exist in 10 years. I do not think that this exchange is worthy of our trust. when large investors bought it, I stopped trusting this exchange
Manipulators exist on all exchanges, not only on Poloniex, so what is your point here? What's the problem because Poloniext got investments from Circle?
sr. member
Activity: 807
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
April 25, 2019, 06:56:24 AM
#22
I don't think Poloniex will be great again based on new site features. They are all good but people remember the lousy customer support they had. They wouldn't come back from that hurt. The best Poloniex can do is have more engagement with the trading community, that's what Binance and Bitmex did.
I generally think that Poloniex will not exist in 10 years. I do not think that this exchange is worthy of our trust. when large investors bought it, I stopped trusting this exchange
sr. member
Activity: 859
Merit: 251
April 25, 2019, 06:41:50 AM
#21
I don't think Poloniex will be great again based on new site features. They are all good but people remember the lousy customer support they had. They wouldn't come back from that hurt. The best Poloniex can do is have more engagement with the trading community, that's what Binance and Bitmex did.
jr. member
Activity: 667
Merit: 1
April 25, 2019, 06:28:29 AM
#20
this is good for them but they will need to work very hard to bring back many users that has left and to return to top exchange. now the competition is high and everyone is trying to offer its users the best experience so its now a tight game. they had the chance and didnt utilize it very well. poloniex was the first exchange i used but unfortunately i left because of too many complains almost everytime.
member
Activity: 616
Merit: 30
April 25, 2019, 05:45:24 AM
#19
SO is that all.?after all they have done to many victims of their scam site?yeah i am no victim but a friend of mine was,and OP is right their Suppot sucks and no concerns to their users

I don’t think they are reputable enough to recover their former popularity and even if they can make develop the company again yet they cannot get the trust again from all of the people whos have a complaint regarding the company
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
April 25, 2019, 05:29:53 AM
#18
If I were in the Poloniex team, I'd make a new and powerful image change. Then I would try to create a hype with a big advertising campaign.
It's so difficult to bring back the credibility of old poloniex again, the developer of polo has destroyed its own exchange site. Not only polo but as far as I remember bittrex was doing the same thing to its exchange site.
They were blatantly blocking a lot of accounts without any reason.
member
Activity: 156
Merit: 15
April 25, 2019, 05:23:51 AM
#17
If I were in the Poloniex team, I'd make a new and powerful image change. Then I would try to create a hype with a big advertising campaign.
Nope, I don't think so. If someone are familiar with Poloniex site, they might like its design and don't require changes. It is the same here, when we are familiar with the forum's graphic design, why we need changes? What we need are new features, not graphic design. For Poloniex, the ideas to add new feature that allows direct swap from Ethereum and its tokens might be cool.
legendary
Activity: 1792
Merit: 1283
April 25, 2019, 04:13:22 AM
#16
I don't think they'll ever regain their position as one of the top exchanges, they've received way too much bad press in the past.
Personally, I really wouldn't use them anymore, there are just way too many better options out there.

From what I recall, Poloniex was acquired by Circle, which is a positive sign considering that Circle is backed by venture capital and is focused on compliance with regulations. As for whether it can become a leading exchange, that will be tough considering how stiff competition has gotten, which is likely to get even stiffer as new exchanges and especially decentralized ones arise.

Does Circle really have that positive of an image in the crypto world? If I remember correctly, they started out by enabling Bitcoin deposits on their app, only to completely remove that functionality.
member
Activity: 518
Merit: 10
April 25, 2019, 03:59:38 AM
#15
I like you have long been using poloniex , of course, when competitors appeared on binance type we have to choose 2 of the exchange like poloniex don't always have the coins needed , but I like poloniex
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
April 25, 2019, 03:47:12 AM
#14
Hopefully they will come back strong, I really miss this old exchange where I started.
They loss in the competition when Binance took over most of the volume but it's time for them to compete, I'd like to see more
competitive exchanges in the market as this gives new projects a chance to get listed in a high volume exchange.

Their volume as of today is only $26 million, compared to Binance which is over $1 billion, it's a big challenge but if they improve they can.
hero member
Activity: 1274
Merit: 516
April 25, 2019, 03:44:34 AM
#13
It's good to see the site want to change become better, so far I haven't see a serious improvement yet, but I am happy if the site want to change, poloniex got a huge support before they turn bad, it was one of the most trusted exchanges and one of the best exchange at that time, hopefully they will continue to improve, but it will be quite difficult, once the reputation is ruined it will be difficult to gain trust, and recently there are numerous of exchanges that keep on appearing
member
Activity: 713
Merit: 31
April 25, 2019, 03:42:15 AM
#12
If I were in the Poloniex team, I'd make a new and powerful image change. Then I would try to create a hype with a big advertising campaign.
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