Is Poloniex The Next BTC-E (And A Proud Follower Of Mt. Gox)?

in #bitcoin7 years ago

For the last hour Poloniex is not working. Here's the latest announcement on company's Twitter account:


Screen Shot 2017-08-02 at 11.01.05 PM.png


It's a bit weird to trade without connectivity, in the first place, but maybe Poloniex knows how to do it. Who knows?

Of course, irony was quick to appear, and a few users already felt the need to compare the announcement with the one posted by BTC-E a week ago, hours before FBI announced they seized their domain:


Screen Shot 2017-08-02 at 11.01.11 PM.png


You can never, ever, get bored in crypto. Ever.


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Never a better time to remind people to use decentralized exchanges as much as possible like BitShares.

If you don't own the private key, you don't own the cryptocurrency.

I haven't tried BitShares yet but will be doing so! I've heard good things about it.

it's great apart from the facts that the volumes are low, and it's quite haunted, strange stuff is happening sometimes :D you can issue you own crypto tho

You got that right!

I HAVE RECENTLY LOVE BIT SHARES OPEN LEDGER I HATE POLONIEX WITHDRAWLS AWAITING APPROVAL FOR WEEKS

WHY ARE WE YELLING?!?

The hits just keep on coming from Polo. They've already lost my trust and my business. Something at Polo hasn't smelled right for quite some time. They may have a great interface and a ton of volume, but I would tread very lightly if you're still using them and definitely would get my coins off there ASAP.

I called their bullshit months ago. The signs were there, who moved out is now not surprised by their shitfest.

I don't trust them and this recent change to the ToS should ring alarm bells...

http://ethereumworldnews.com/poloniex-changes-rules/

The biggest change of all was made to Poloniex’s Arbitration section of the ToS. There have been quite a few rumors circulating regarding the potential insolvency of the Poloniex exchange. According to the new terms, all users trading on the platform waive their right to participate in a class action lawsuit or class-wide arbitration. This addition is not uncommon for cryptocurrency exchanges, yet it will likely only fuel the rumors.

Hopefully they come back up and don't scam people, I took my money out weeks ago, but I don't want to be proven right in this case, the fallout would be huge.

I moved all my alt coin from Poloniex 2 days ago after all buzz about them ... Seems to been the right thing to do.

SMART GUY yup or it will be hung up for weeks in waiting for approval I have supplied enough ID to be the head of the FBI still waiting for my withdrawls matter fact moving to open ledger blocktrades bitshares cant deal with this anymore poloniex sucks now

This is an old post .. And i got all my withdrawals right away.

I am a small time trader, more of a hobbyist than investor but have removed my assets from Poloniex several days ago. I have been Experiencing multiple and repetitive issues with 0 customer support whatsoever at this exchange so i thought i would not risk it however little i have in Cryptos.

Lol Poloniex strikes again.

It will happen. I am sure of that for over a month.

I quit using them and moved to bittrex.

Good move :)

yeah I think I made a account once, but I never traded there. It seemed like a nice place but most US based exchanges seem to be getting the short end of the stick.

Wow, I guess it is good that I moved my funds out of poloniex
Poloniex is just shooting themselves in the foot I think @dragosroua. All of these inconveniences are leading for people to move away from Poloniex
Let's hope they return and it doesn't just disappear like BTC-E
People are already waiting to withdraw their steem funds but it seems like it will never happen

...grabs popcorn, waits for stuff to unfold...

lmfao haha

Omg, you make me panic, i have loads of ETH still standing there, hipe i still can get it off, mama mia...

Hope you get it on time!

Just got it off, happy me. I still have some siacoins left, what to do, bittrex or decentralised exchange?

If you don't trade, it is better to store them on your own wallet!

Right but which own wallets support these exotic alt coins? I use exodus, only 6 supported coins...

https://poloniex.com/login

Best place for cryptocurrency futures traiding bitmex
https://www.bitmex.com/register/HJfZyC

Happy that I moved my funds to Bittrex.

Not cool Poloniex.....Not cool at all.

it's not a first time there have been issues, it's quite used after all

I like it!... when you can't get your Steem out anyway, who needs connectivity to trade? ;)

I find that statement about halting trading when they realized they don't have connectivity anymore, frighteningly hilarious.

Yes. It sounds like there was never a truer word spoken in jest!

Great Post. Thanks for share!

why do you think so?

Thanks for the article. Since your paying attention hope you can give me your thoughts on this post so others can think of next steps.

https://steemit.com/poloniex/@realestatecoach/poloniex-down-or-what-to-do-when-it-is-up

OMG...it is so scary to hear this news :( It's better to move your funds to your own wallet now!

have you ever got a reply from Poloniex support ??
i don't think they have any one there to reply all is working on automated

Scam alert!
Google redirects you to wrong site bltrex with "l" and people were hacked.

https://steemit.com/google/@erez7770/scam-alert