Bitcoin Forum

what yall think? exit scam? seizure? or real tech problem?

be patient, everythig will be fine

Why should it have been seized? It's a legal business for all we can tell. Poloniex has had some issues before, that's why I personally moved my coins away from there months ago... time will tell what happened atm.

Poloniex may be insolvent. At least that's the unconfirmed rumor.

https://cointelegraph.com/news/rumors-of-insolvency-circulate-among-users-of-bitcoin-exchange-poloniex-support-slow (https://cointelegraph.com/news/rumors-of-insolvency-circulate-among-users-of-bitcoin-exchange-poloniex-support-slow)

Yes it's down. Can't say for sure what it's going to be, scam or real tech problem but only can hope for it to be up and back again soon. There have already been lots of people complaining of having problems in trading on polo like in deposits and withdrawals so it's really a matter of concern but let's hope for the best

Is this a BTC-e style of "down"?  or Cryptsy style?

You guys are nuts, I personally know the guys over at Polo (been to their office).
This is FAR from a scam. In fact, it's already back up and anyone that panic sold on a separate exchange will get royally fucked.

if Polo goes down the whole digital currency market is fucked for a while.. not as bad as Gox in 2014, but still bad.

Well anyway, they have some problems. They were online, but are offline again already. Just saw that they've updated their terms of use, but before I could look it up to see what they've changed, they were offline again.

Isnt it weird they changed their policy about suiing them and now being down as a website ? , hmmm this sounds a little weird

Oh well, I dodged a bullet. Beucase of the Bitcoin Cash thing, I got all of my Bitcoins back to my Bitcoin Core full node wallet. Best decision ever. Feels good to be in control of 100%.

What I was holding was not much, but it was a bit, enough to get some trading going without having to wait for transferring money into my trading account every time I saw a buying opportunity.

Decentralized exchanges can't come soon enough.

Whoosh I took everything off poloniex right before August 1st happened. So glad I did. They will probably come back so don't worry but I'm happy I pulled out.

Gone.  :-\



https://i.imgur.com/DLifhvU.jpg



If you still don't see it on poloniex.com, refresh your DNS.

I think it's normal economic cycle.

Nice try, its fake.

of course it is weird. if you do not trust poloniex anymore, move your funds away from it. there are lots of exchanges out there, better ones, like bittrex or kraken. better be safe than sorry.

  Actually, it is NOT back up and there are rumors that the domain has been seized by the US government. If this is true, I have a very bad feeling Bitcoin is headed back to under $1,000.
  There is no way after all of the recent drama/FUD that there can be global demand for Bitcoin... at least for a while. I predict a long-term bear market up to 3 years due to all of this.

Spread your FUD somewhere else.

It's not seized. The whois information changes immediately when a website is seized and that is not the case here. A site seizure is also instantaneous, it doesn't cause "lag" and polo has been in and out. This is a DDOS, BCH implementation issues, or something else. The most likely case is DDOSers upset about the lack of functioning BCH implementation or with the intent to short/buy cheap on other exchanges. FUD FUD FUD.

I predict alts market share to fall further and bitcoin to raise if polo goes down..

Since they closed the trollbox, the support becamed much worse, in fact i would compare their support being worse then yobit, they are one of top exchanges and a lot people still trade there, dont know if its ddos, or some insolvence plan, but be aware, someting changed at poloniex, and no inst something good at all.
 A friend mine told me there are other services with same issue, might be some server issue.

Stop living in the past! I didn't think people still used Poloniex... when was the last time they added a new alt coin? Use Bittrex, it's 100% better.

That said, it still is scary to think how much we rely on these exchanges... if they all went down, we'd be screwed. Even if we had our altcoins stored in offline exchanges, we still wouldn't be able to cash them in.

It'll be back, sadly Polo is like a cockroach, it just wont die even if it should.

well its not the first time Poloniex froze
and there was a bit of a suspect power outage a few
months back when ripple started a massive jump,
power came back on and ripple had gone the other way, very fishy

I also found poloniex very slow to load at times, very annoying

anyway a few weeks back I closed all trades and moved all currencies to Bittrex.

Question: how do you store the altoins offline. For example, Siacoin?

Rumors from 4chan and Reddit, seriously? You should consider it with a grain of salt really! It worst than rumors on street by a jealous girl.
A site seizure, you can see it immediately as they upload their great image explaining the owner has been punished and the whois information are updated

nuts? after btc-e?

i really hope that its not happening again T_T after btce...

this would really have huge impact on btc and price would maybe drop, and like another one said before, it would be bearish season for btc...

ah dammit, i reallly hope its not true...

Not dead, yet!

https://twitter.com/Poloniex

I guess they should stop letting anyone use their API. There's just too many fucking bots trading, sending hundreds, possibly thousands of requests every minute.
The crypto markets would be better without bots.

Oh people ..... calm down.......

After rumors about some (huge) comcast outages i was able to figure that out and confirm that at least partially... Just look for yourself:

http://downdetector.com/status/comcast-xfinity

Additionally, some few moments ago, i was able to log in and it looked mostly like they're back in business.... But well, some bit whacky at all and really slow (which even speaks for the connection problems on the provider site).

At least, it does no longer look like a btc-e/mtgox like f*ck*p... but i still don't have my withdrawal out there and there is still some big fuzz about what happens to the bitcoin cash theyy obviously had in hand....

So i'm still angry .... but .. there is no need to produce any FUD which is just ... fantasy troll crap....


Trolling is violence, not art ...... because, if it would be art, a troll would no longer be a troll but an artist ..... and i know only _very few people_ which might be artists... the rest are just .. cheapo trolls...

Don't fall for the fud .. use your brain. ;)

Greetings from Hamburg, Germany,

Hacky

In their respective official clients. In the case of Sia, download it from here: http://sia.tech/apps/

It will generate a wallet for you with an associated recovery seed (a sequence of 29 words). Store that seed somewhere safe and you'll have access to your Siacoins forever, even in a different computer

Don't think that people stored large amounts of crypto online before / after Aug 1st but after btce even those rumors can cause alything like "panic selling". The changes on BTC rate are almost unseen but it definetely stops it's growth that could be shown due to increasing of the total crypto market cap.

Its back up now biatches.Quit your jibber jabber and hurry back so I can take a big dump all over you.

it is working for me ... what happens ?

Doesn't seems like an exit scam or seizure to me, rather technical problem or DDoS by some attackers. I was wondering why site like Polo did not implemented some high tech anti-DDos attack parameters or at least install Cloudflare CDN on their web servers to avoid local DoS attacks from script kiddies. :)

Update: Poloniex.com is back online and fully working, test it myself! :)

It's possibly overflowed or having network issues, Kraken crashed several times and was being super slow when the BCC price increased and then suddenly dropped, lost a few bucks because of that.

It is just a connection problem. Always happening on poloniex so for me no need to worry. ;D ;D

  ;D btw you cannot blame people  for panicking. Poloneix has been acting shady and there are too many  complaints about them. Add that to the recent btc-e shenanigans, and it is the perfect  cocktail for panicking.

Cloudflare claim that they already stopped a 600Gbps DDoS attack  

https://www.cloudflare.com/under-attack-hotline/

but talking about DDOS ... somehow reminds me GitHub attack  :( ...

You sound a lot like one of those people who got mtgoxed and didn't see it coming... don't have too much trust in third parties who do things like this:

If Polo should go down, don't say you couldn't have seen it coming. Better back of of centralized exchanges or at least use a more reliable one like Bittrex..

Polo don't seem to have the technical staff to play at the level they are aiming for.
Way too many issues with support tickets not being answered, deposits/withdrawls not going through, handling network problems without proper progress reports etc.

They were ok when they had about 1/3rd. of the volume they have now, then they lost the plot as they grew, now they have exceeded there level of competence, which is sad.

i think polo have too often getting down because of something but i don't think that poloniex will be scam because poloniex is supporting by the law in offline and they are really responsible with this. but i think poloniex must fix their problem in support system because their support system is really bad and need few days before they answer their members ticket.

what you mean with "poloniex is supporting by the law in offline?"

sig campaign posters make lots of mindless posts.. i ignore most of em.  he probably has to make a minimum number of posts per week, and wants to make his posts longer than 1 line, so he doesn't look like the prototypical farmed account.