Visual explanation ;
Just saw on twitter ;
https://twitter.com/vncenj/status/861352428557529088
Someone pumps , pumps, margin trades, puts high stocks and makes people go above it , pushes market up then removes high amount.
This is being done to Doge,XMR, Sia etc for several days more and more.
Then starts ddos attack and takes all the money, dumps and goes. Polo just try to recover servers and keeps on like nothing was happened.
They know who that someone is. They have his money (got stolen from everyone) in their wallet.
Someone made maybe millions in minutes and Poloniex just watched (i hope)
They have to prevent manipulations either by limiting transactions with bots (per ip , per api , per user , per hour etc. ) , they should limit amounts by previous transactions,
If they are not working together with that man they must do something to prevent this and block the account, and then sue using the data they have.
However i'm taking my money to my wallet and sit and watch what will happen. I can only play when the game is fair.
Just saw on twitter ;
https://twitter.com/vncenj/status/861352428557529088
Someone pumps , pumps, margin trades, puts high stocks and makes people go above it , pushes market up then removes high amount.
This is being done to Doge,XMR, Sia etc for several days more and more.
Then starts ddos attack and takes all the money, dumps and goes. Polo just try to recover servers and keeps on like nothing was happened.
They know who that someone is. They have his money (got stolen from everyone) in their wallet.
Someone made maybe millions in minutes and Poloniex just watched (i hope)
They have to prevent manipulations either by limiting transactions with bots (per ip , per api , per user , per hour etc. ) , they should limit amounts by previous transactions,
If they are not working together with that man they must do something to prevent this and block the account, and then sue using the data they have.
However i'm taking my money to my wallet and sit and watch what will happen. I can only play when the game is fair.
I think people DDOsd the exchange.
Right before they DDOsd it they dumped to trigger all the stop limit sell orders.
Profit lol. But it will go back up.
Right before they DDOsd it they dumped to trigger all the stop limit sell orders.
Profit lol. But it will go back up.
After yesterday's craze, my stop sell limit did not get triggered, probably the dump was too fast.
Instead of taking in 2.5x return, I only cashed out about 1.5x return. Still OK i guess.
Now my money is stuck in "Awaiting Approval" after last night. This has never happened before and the sum i'm trying to withdraw isn't above the daily limit either.
Do you think they put everyone's money in "Awaiting Approval" after the DDOS incident? Or am I just unlucky ?
