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Topic: Something bad is happening at Poloniex - page 2. (Read 1421 times)

legendary
Activity: 1792
Merit: 1283
June 27, 2017, 03:10:10 PM
#11
I really hope that this is just a temporary issue, I'd hate to see them in trouble.
It's definitely my favourite exchange for altcoins and I can't imagine the impact it would have on altcoin prices if they were to shut down or lose people's funds.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
June 27, 2017, 01:49:03 PM
#10
The Bitcoin price dump might be an issue, that make sense. Wait until the price goes upwards, large balance held there as well as Bitcoin crisis going on so wait to get a reasonable solution from support. As far, Poloniex have a bad support, no response to Tickets on time.

It was even before the dump... im waiting for one withdrawl for 3 weeks.
I cant even cancel it and trade it for something else.


If poloniex goes down, all the altcoins are going to suffer a big hit for sure (But bitcoin did survive mtgox, one exchange cant kill a crypto currency)

Many cryptocurrencies are dependent on only one exchange and those will be definitely affected with closing of it. But Bitcoin is above all of them, most of the users don't keep it on exchanges and that's really a better and safe idea.
sr. member
Activity: 246
Merit: 250
June 27, 2017, 12:42:44 PM
#9
The Bitcoin price dump might be an issue, that make sense. Wait until the price goes upwards, large balance held there as well as Bitcoin crisis going on so wait to get a reasonable solution from support. As far, Poloniex have a bad support, no response to Tickets on time.

It was even before the dump... im waiting for one withdrawl for 3 weeks.
I cant even cancel it and trade it for something else.


If poloniex goes down, all the altcoins are going to suffer a big hit for sure (But bitcoin did survive mtgox, one exchange cant kill a crypto currency)
hero member
Activity: 868
Merit: 504
June 27, 2017, 09:23:12 AM
#8
The Bitcoin price dump might be an issue, that make sense. Wait until the price goes upwards, large balance held there as well as Bitcoin crisis going on so wait to get a reasonable solution from support. As far, Poloniex have a bad support, no response to Tickets on time.
hero member
Activity: 686
Merit: 500
June 27, 2017, 09:11:05 AM
#7
If they dont keep a fair amount of all cryptos they accept in trading in coldstorage liquidity problmes will arise. Peple doesnt seem to learn. Everyone saw what happened with banks after the subprime. As crypto is no tregulated i dont expect them to behave diferently. When you have lots of mellions standing in fornt of you, its dificult not to be greedy.

Perhaps those Poloniex problems caused the btc price to decrease from 2600 USD to 2400 USD?
What if a future Poloniex crush make the bitcoin price to go back to $ 1300?
I was thinking about all cryptoccurency exchange plarforms to make a "cryptocurrency reserve system"
like the federal reserve system and keep some bitcoins in a separate fund.

when bitfinex (which is a real big bitcoin exchange not an altcoin exchange like polo) was hacked price only went down about 30%. so if poloniex gets hacked it will be the same as cryptsy and have so little effect on bitcoin.
don't believe $1300 is ever possible again. it would be nearly a 50% drop!
Definitely if poloniex gets hacked,there will be only a small fall in bitcoin price and we could not expect prices like $1300.Situation is not like when Mt.Gox collapsed.Now,bitcoin has universal users and bitcoin price is not entirely dependent on poloniex or such other crashes.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
June 27, 2017, 09:00:20 AM
#6
when bitfinex (which is a real big bitcoin exchange not an altcoin exchange like polo) was hacked price only went down about 30%. so if poloniex gets hacked it will be the same as cryptsy and have so little effect on bitcoin.
don't believe $1300 is ever possible again. it would be nearly a 50% drop!

I dunno. Poloniex underpins the entire alt bubble. There must be more BTC tied up there along with the majority of certain coins. It would be like an entire section of the crypto economy disappearing down a black hole.

That would have repercussions for BTC.
hero member
Activity: 770
Merit: 500
Bazinga!
June 27, 2017, 07:26:09 AM
#5
If they dont keep a fair amount of all cryptos they accept in trading in coldstorage liquidity problmes will arise. Peple doesnt seem to learn. Everyone saw what happened with banks after the subprime. As crypto is no tregulated i dont expect them to behave diferently. When you have lots of mellions standing in fornt of you, its dificult not to be greedy.

Perhaps those Poloniex problems caused the btc price to decrease from 2600 USD to 2400 USD?
What if a future Poloniex crush make the bitcoin price to go back to $ 1300?
I was thinking about all cryptoccurency exchange plarforms to make a "cryptocurrency reserve system"
like the federal reserve system and keep some bitcoins in a separate fund.

when bitfinex (which is a real big bitcoin exchange not an altcoin exchange like polo) was hacked price only went down about 30%. so if poloniex gets hacked it will be the same as cryptsy and have so little effect on bitcoin.
don't believe $1300 is ever possible again. it would be nearly a 50% drop!
hero member
Activity: 3150
Merit: 937
June 27, 2017, 07:14:29 AM
#4
If they dont keep a fair amount of all cryptos they accept in trading in coldstorage liquidity problmes will arise. Peple doesnt seem to learn. Everyone saw what happened with banks after the subprime. As crypto is no tregulated i dont expect them to behave diferently. When you have lots of mellions standing in fornt of you, its dificult not to be greedy.

Perhaps those Poloniex problems caused the btc price to decrease from 2600 USD to 2400 USD?
What if a future Poloniex crush make the bitcoin price to go back to $ 1300?
I was thinking about all cryptoccurency exchange plarforms to make a "cryptocurrency reserve system"
like the federal reserve system and keep some bitcoins in a separate fund.
sr. member
Activity: 686
Merit: 250
June 27, 2017, 04:16:50 AM
#3
If they dont keep a fair amount of all cryptos they accept in trading in coldstorage liquidity problmes will arise. Peple doesnt seem to learn. Everyone saw what happened with banks after the subprime. As crypto is no tregulated i dont expect them to behave diferently. When you have lots of mellions standing in fornt of you, its dificult not to be greedy.
sr. member
Activity: 241
Merit: 250
June 27, 2017, 03:33:08 AM
#2
never strange, the problem is USDT (teher).

did you expect an exchange which doesn't have their own fiat deposit/withdraw channel to have a good liquidity?
sr. member
Activity: 246
Merit: 250
June 27, 2017, 03:21:31 AM
#1
Customer support ignores all requests. It is really starting to feel like they have liquidity problems

http://imgur.com/a/6xpkJ
http://imgur.com/a/Z1nR0


Edit : the account with 2fa/Email confirmation
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