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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: thd26bct on April 18, 2019, 10:49:06 AM



Title: Poloniex will become great again!
Post by: thd26bct on April 18, 2019, 10:49:06 AM
Years ago, Poloniex was the biggest crypto exchange, especially when we mentioned about margin tradings. Since the middle of 2017, Poloniex fell behind Bittrex due to their bad supports for customers, and KYC verification to increase daily withdrawal limits, or maybe some other reasons were not disclosed publicly. After that, Bittrex took over by Binance, that has still remained the biggest exchange so far, and Poloniex fell further behind them.

Fortunately, things likely improved with Circle partnerships. During recent months, lots of things improved on Poloniex, graphic designs, customer supports, and recent days, we have had more coins added to Poloniex's Margin Trading Market. For years, Poloniex maintained its marginal tradeable coins with very limited, and old coins. So, I think it is a big change of their strategies.
It is too soon to say anything, but I am a big fan of Poloniex, and, of course I hope them will come back, to the top exchanges, from this year to 2021.
Some snapshotted images about their announcements and new marginal tradeable coins recently added on Poloniex:
Quote
It’s part of our ongoing efforts to make Poloniex work even harder for you.
Today, Poloniex has ranked at the 76th position on coinmarketcap's Exchange Ranking (based on adjusted volume), there (https://coinmarketcap.com/rankings/exchanges/). However, the position of Poloniex is 86th in Cryptocurrencies Exchange Ranking (based on Reported Volume). The statistics present the fact that Poloniex has fastly sliden over the top exchanges over last two years.
https://i.imgur.com/pqiWRCw.png
https://i.imgur.com/7D453Qp.png
https://i.imgur.com/WQdydEl.png

Source: https://poloniex.com/marginTrading#btc_eth
Furthermore, I hope daily volume on Poloniex will increase dramatically with new coins added to their Margin trading list.

Sources:
https://coinmarketcap.com/exchanges/poloniex/

How about your thoughts with the latest improvements of Poloniex?


Updated 01/5/2019
Poloniex apps updated today. It is the second updates of Poloniex apps within last several weeks.  Improvements on directly deposits & withdrawals on apps, and customize security. And, once again, Poloniex focused on security of their customers. As I discussed above, I am happy with Poloniex in the aspect of customer security. It's time to enjoy improvements on Poloniex's mobile apps (Android and iOS). You can also find out more about their apps, there: https://poloniex.freshdesk.com/support/solutions/folders/1000233343

https://i.imgur.com/cMd4IBD.png

https://i.imgur.com/i3T31Ag.png

Updated 22/5/2019
Update:
1) Within recent months, there are some initiatives made by Poloniex team as efforts to build up more powerful exchange for crypto traders. Including: Adding more margin trading pairs (16 pairs so far); less 10x latency that gives better performance; better customer supports that solves nearly 99.9% of support tickets; and some significant improvements on Poloniex Mobile UI.
https://i.imgur.com/paCfbLC.png

2) Yesterday, Poloniex also made the third donation to Grin General Fund.
https://i.imgur.com/BBRvaXY.png

Sources:
https://twitter.com/Poloniex/status/1130883632263041029
https://twitter.com/Poloniex/status/1130849980753690626


Sources:
https://poloniex.com/
https://medium.com/circle-trader/after-a-wave-of-updates-poloniexs-mobile-app-is-more-powerful-than-ever-48adb51c0097

Important sites:
Poloniex's Twitter: https://twitter.com/Poloniex
Poloniex's Blog: https://medium.com/circle-trader
Circle's Twitter: https://twitter.com/ResearchCircle
Circle's Medium: https://research.circle.com

Finally, the TrollBox has brought back to Poloniex users.
The ’box is back!
Trollbox — the legendary community forum — has returned. Join the conversation to discuss all things crypto. There are three easy steps to activate Poloniex's Troll Box.
Posted by The Poloniex Team at 2019-06-18 15:00:44
If someone who don't know how to use Troll Box ::), there are some images that will help you to activate your Troll Box.
https://i.imgur.com/5iVnXd1.png https://i.imgur.com/ZPwmeNG.png https://i.imgur.com/tLkqjXB.png https://i.imgur.com/j398GEW.png

Update:

Poloniex is the first exchange supports Cosmos staking, but it is available for non-US customers.

https://miro.medium.com/max/700/1*YvLl9Jk-IeFyx_bub7jsyg.png  https://pbs.twimg.com/media/D-P8nPCW4AI2KoO.jpg:large

Cosmos Staking is Live
We’re excited to be the first exchange to offer you Cosmos staking with no lock-up period (non-US customers only). Simply hold ATOM on Poloniex and you’ll be automatically credited with Cosmos staking rewards in your account each day. Because there is no lock-up period, you are able to trade your ATOM freely while generating staking rewards, and you can withdraw at any time. Deposit ATOM and start earning now! For more information, please see our announcement and Help Center FAQ.
Posted by The Poloniex Team at 2019-06-28 18:15:47

The first daily @cosmos staking reward distribution has been made! 352 $ATOM have been distributed to eligible non-US customers.

Learn more here: http://ow.ly/SQUD50uPJXN

Cosmos staking is live!

Simply deposit @cosmos $ATOM to Poloniex and begin earning daily staking rewards today! With no lock-up period, you’re free to trade and withdraw anytime (non-US customers only)


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 23, 2019, 07:22:55 AM
Today, total volume of all marginable coins within last 24 hours is around 1933 BTC. Most of coins in margin list on Poloniex have turned into Red (losses), today. I have still kept my hope that some day Poloniex will return to its golden age, when the exchange has very high daily volume. Especially, around two years ago, daily volume of marginable coins (less marginable coins in the list than now) on Poloniex was very high. Before Poloniex get troubles and took over by Bittrex, then Binance, it was the biggest, hottest crypto exchange. The Poloniex team have made lots of things to bring the one become great again, and more marginable coins is just one of their initiatives.
https://i.imgur.com/77396Rq.png          https://i.imgur.com/OO0yw0v.png


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 25, 2019, 02:04:29 AM
A few hours ago, on Poloniex, in margin tab, lots of coins corrected due to bitcoin falls yesterday. Fortunately, after a few hours of chaotic tradings, some of them have been more stable, and gradually recovered from their latest dumps. Some of marginable coins rallied faster than others, I can give you some of them: Ethereum, DASH, and Litecoin. On the other side, ATOM has maintained its first position among marginable coins on Poloniex in total volume last day, at more than 1650 BTC traded within last 24 hours.
Please feel free to discuss here if you are margin traders or Poloniex supporters.
https://i.imgur.com/qbSD5RT.png


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Simple_Plan on April 25, 2019, 02:20:43 AM
Poloniex is coming back, I can see that. But what makes it competitive against other giants our there? Margin trading is a nice feature but it's available on almost other major exchanges. Are they tend to become home for abandoned coins like BCHSV or preparing for any IEOs?


Title: Re: Poloniex has been on it's journey to become great again.
Post by: hellyah070 on April 25, 2019, 03:58:20 AM
As a designer and on to the IT field, one thing I just noticed about it is that, their interface doesn't seem to look pleasant even at the first glance? I think they should better increase their design and user interface and maybe through that, they can market traders to use their platform.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Crypto Girl on April 25, 2019, 05:13:47 AM
Okay? Is Poloniex don't have plan to delist BCHSV like what the others did? I think they should reconsider the option and make a move or else they stall on their place and if they think many still buy BCHSV then they're just keeping a trash.

Btw, margin trading isn't new and wouldn't help Polo in any way.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: rovait on April 25, 2019, 05:23:18 AM
I don't think they will.
They adapt the policy to require user identification, to be able trading on their exchange.
this one is not gone increase their users base.




Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 25, 2019, 05:27:56 AM
Okay? Is Poloniex don't have plan to delist BCHSV like what the others did? I think they should reconsider the option and make a move or else they stall on their place and if they think many still buy BCHSV then they're just keeping a trash.

Btw, margin trading isn't new and wouldn't help Polo in any way.
But, the reason is Poloniex is one of the oldest, and most reputable exchange, if we only consider about margin tradings. I agreed with you that Poloniex should seriously consider their strategies with BCHSV, BCHABC, but I thought they shown their works intensively to come back. Who knows they will actually can come back and become one of top crypto exchanges or not, but at least their works, and their movements recent months, since 2018, give me a hope. Just hope, then wait to see what will happen with Poloniex in next two years. The wave of Chinese-pattern exchanges might end someday, in my opinion.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Herbert2020 on April 25, 2019, 06:36:33 AM
i don't think they can come back from their death, no matter how much they try. all the issues that pushed them aside and made it so that they were replaced by other exchanges still exist if not grown more sever.

besides that is how this world have always worked. the centralized altcoin exchanges have always had an expiration time and it didn't start with Poloniex either. there were others before it too. like Cryptsy which was huge before they died, then Polo came along, then was replaced by Bittrex and then as they scammed they got replaced by Binance and soon enough Binance will be replaced by another exchange and the chain goes on.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 25, 2019, 08:18:13 AM
besides that is how this world have always worked. the centralized altcoin exchanges have always had an expiration time and it didn't start with Poloniex either. there were others before it too. like Cryptsy which was huge before they died, then Polo came along, then was replaced by Bittrex and then as they scammed they got replaced by Binance and soon enough Binance will be replaced by another exchange and the chain goes on.
It is likely a cycle of crypto exchange as well as market selections, right? So, I think there are always opportunities to come back. Who did actually imagine Binance will take the first position in crypto exchange ecosystem just a few months after its start? In reality, Binance did it and still stood steadily at the first position. However, issues come, issues solved, or issues go away, exchanges are huge, then small, or dead, but there are always two sides, challenges and opportunites, they are both exist at the same time. I am a big fan of Poloniex, honeslty, so I give them a hope to be big again.  ;)


Title: Re: Poloniex has been on it's journey to become great again.
Post by: pushups44 on April 25, 2019, 08:35:31 AM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: semes on April 25, 2019, 08:42:15 AM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Indrawan77 on April 25, 2019, 08:44:34 AM
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


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Distinctin on April 25, 2019, 08:47:12 AM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: vertinfos on April 25, 2019, 08:59:38 AM
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


Title: Re: Poloniex has been on it's journey to become great again.
Post by: eternalgloom on April 25, 2019, 09:13:22 AM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: dncdog on April 25, 2019, 10:23:51 AM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: asriloni on April 25, 2019, 10:29:53 AM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Johnzky on April 25, 2019, 10:45:24 AM
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


Title: Re: Poloniex has been on it's journey to become great again.
Post by: tunapa on April 25, 2019, 11:28:29 AM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: bustedsynx on April 25, 2019, 11:41:50 AM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Prompyboo on April 25, 2019, 11:56:24 AM
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


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 25, 2019, 01:08:14 PM
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?


Title: Re: Poloniex has been on it's journey to become great again.
Post by: geegaw on April 25, 2019, 01:15:07 PM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 25, 2019, 02:04:34 PM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: e@symode on April 25, 2019, 05:07:05 PM
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


Title: Re: Poloniex has been on it's journey to become great again.
Post by: klaaas on April 25, 2019, 05:25:53 PM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: bttmember on April 25, 2019, 05:37:08 PM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: vit05 on April 25, 2019, 05:50:19 PM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: bitgolden on April 25, 2019, 08:01:09 PM
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.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: ghermghuda on April 25, 2019, 08:08:37 PM
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


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 25, 2019, 10:02:05 PM
IEOs or not, it does not essential things to help Poloniex to return. Their customer support has changed to be good recent months, very fast. The reasons fro them now are: to attract flow of money from traders to their exchange. At the moment, no one one to rejoin low volume exchange. To get it, they have  to do at least two things: building up their trust , and giving aways more type of passive income to their users, like from staking assert on exchange. However, I believe in Poloniex, like US and China. China grown fast, but more vulnerable to collapse


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Reid on April 25, 2019, 10:15:41 PM
Okay? Is Poloniex don't have plan to delist BCHSV like what the others did? I think they should reconsider the option and make a move or else they stall on their place and if they think many still buy BCHSV then they're just keeping a trash.

Btw, margin trading isn't new and wouldn't help Polo in any way.
But, the reason is Poloniex is one of the oldest, and most reputable exchange,

Do not go there. You cannot reason out something just because they are old.
Reputable? Hmmm I doubt that. They had so many big problems that was not completely disclosed.
Here in bitcoin forum a lot of users are mad in their threads about Poloniex which is just ignoring them.

Customer service is important. A lot of problems may happen on the road and keeping their customer on track should be mandatory.
I bet they have already made some money with all those stolen funds.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Adriano2010 on April 25, 2019, 10:37:42 PM
Well unfortunately i wish Poloniex and other exchanges to be secured and let people use them and to have more bigger exchanges and not only low amount, because is better to have from where to choose.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Chikito on April 26, 2019, 01:50:56 AM
I don't think they will.
They adapt the policy to require user identification, to be able trading on their exchange.
this one is not gone increase their users base.
yes, it's make new user not welcome to poloniex when identification required. but they make a rules for safety.
when poloniex make a inovation next and friendly for trader what ever identify require can make new user welcome and trading to polo will be safe and not affraid they wallet hacked.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: steveabrahams on April 26, 2019, 02:20:24 AM
I hope they can become a big exchange again, tbh when i heard poloniex will sold to someone/company (cmiiw) i already leave the exchange. Good luck to them, i believe if they can become great again if there is no problem. I'll try to login my old account again maybe later.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Tipstar on April 26, 2019, 02:27:01 AM
I was a long user of Poloniex and there was nothing that bad with the exchange, Bittrex and Binance just elevated the level of exchanges. Being a new generation exchange, they were catchy in eyes, quick with support and lower in fees. While poloniex was stuck with outdated GUI and higher fees for everything. After seeing this topic, I revisited Poloniex and still the same GUI and a taker fees of 0.2%. Who in the world would pay 0.2% these days?


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Perie200 on April 26, 2019, 02:46:09 AM
I remember those days, the exchange was the standard of crypto traders, everyone looked up to it. But time goes on and the number of trading platforms is growing. Don't think Poloniex be able to return its status of the most popularnoj exchange.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 26, 2019, 03:43:30 AM
I was a long user of Poloniex and there was nothing that bad with the exchange, Bittrex and Binance just elevated the level of exchanges. Being a new generation exchange, they were catchy in eyes, quick with support and lower in fees. While poloniex was stuck with outdated GUI and higher fees for everything. After seeing this topic, I revisited Poloniex and still the same GUI and a taker fees of 0.2%. Who in the world would pay 0.2% these days?
At least they have changed, I don't say those changes, by now are significant enough to bring them back soon. In my opinion, they should do more, and even they do more things to revise their mistakes in 2017 and 2018, it will takes long period for them to catch eyes of traders before really attracting money from them. It is a step-by-step recovery, and I don't expect them can come back in months. Maybe it takes 2 or three years for Poloniex to come back before can be able to beat Binance. Giants can make mistakes, like Microsoft, Nokia, or even recent months Apple, and small ones can become bigger then beat giants to become new giants. At least, Poloniex don't have to restart from zero, at least they have still been a medium exchange.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: BitcoinHodler on April 26, 2019, 11:40:52 AM
in a cutthroat competition when things are so close and everyone is hard at work to push the others (the competition) out of the game and take their place, when you lose your place it is over. taking it back is near impossible and based on what i have been seeing Poloniex is constantly losing its position when you look at their volume and the fact that they have increasingly made it difficult for people to use their platform with all their rules, KYC, AML,... and basically verification. i don't see them coming back ever again to become half great.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: aprilnot on April 26, 2019, 11:50:02 AM
I haven't used this exchange for a long time so I don't know the latest information. I stopped using it, because I had a deposit problem. after that I don't use it anymore. when seen adding a coin to the margin trading service, it's pretty good too. but I don't think that's exactly what is needed. Poloniex rarely registers new coins. if I am more active like Binance and other exchanges, maybe the trading volume will return to the top.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: installer on April 26, 2019, 01:15:48 PM
I do not believe that poloniex is going to be the leading exchange on the market. They were bought by another company not so long time ago and they seem to understand what they are doing and they will definitely make poloniex better. But there is still a long long way till getting into top 5.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Simple_Plan on April 26, 2019, 01:45:24 PM
If Binance can make it (started from zero and became the biggest one within few more the), why Poloniex can not become great again? At least, top five exchange in next one, two, or three years? If the Poloniex do their works well, by well I meant bringing new features for their customers, they will have bright future, and will certainly come back to be a top exchange. I think they should hit the top 10 exchange first, that even a challenge for them at the moment.
Binance had a clear strategy to earn its position now: low trading fee. (correct me if I'm wrong, Binance's initial fee was a half lower than other exchanges' at that time). This is not only Binance's strategy but all of other products or services of China. I don't have any hatred on Poloniex but all of my impression about it is an exchange of trash/pump & dump tokens. Binance, Okex and Huobi have gone too far now, I don't think there's any chance for Polo to compete them, especially under fierce competition from veteran and emerging exchanges like Bittrex, Kucoin, Gate, Bitmax or Latoken.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: TimeTeller on April 26, 2019, 01:58:18 PM
I do not believe that poloniex is going to be the leading exchange on the market. They were bought by another company not so long time ago and they seem to understand what they are doing and they will definitely make poloniex better. But there is still a long long way till getting into top 5.
If Binance can make it (started from zero and became the biggest one within few more the), why Poloniex can not become great again? At least, top five exchange in next one, two, or three years? If the Poloniex do their works well, by well I meant bringing new features for their customers, they will have bright future, and will certainly come back to be a top exchange. I think they should hit the top 10 exchange first, that even a challenge for them at the moment.

Definitely, they have the chance to gain its luster again.
Been using Polo for so many years and actually, I made this as my bitcoin storage for quite some time.
But I realized that I need to be ready in case something goes awry, so I sent my btc to my own wallet.
But with all those years being with Polo, never had encountered any difficulty whatsoever from my end.
So if they will follow thru their plans and strengthen their position, they will for sure be one of those top exchanges again.



Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 26, 2019, 02:08:25 PM
Binance had a clear strategy to earn its position now: low trading fee. (correct me if I'm wrong, Binance's initial fee was a half lower than other exchanges' at that time). This is not only Binance's strategy but all of other products or services of China. I don't have any hatred on Poloniex but all of my impression about it is an exchange of trash/pump & dump tokens. Binance, Okex and Huobi have gone too far now, I don't think there's any chance for Polo to compete them, especially under fierce competition from veteran and emerging exchanges like Bittrex, Kucoin, Gate, Bitmax or Latoken.

I even don't care about trading fees, especially when we can get profits from trading orders. In my perspective, Poloniex has simple GUI, but sometimes and someone call in love with simplity,. I don't think colorful, complicated design can make a attractive exchange. It's depends on each user's favorite. As one member shared his experience with Poloniex, I have never gotten troubles that unsolved with Poloniex. All things are fine at the ends, after support tickets sent and wait for a while.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: semobo on April 26, 2019, 02:37:00 PM
Probable reason might be BSV because most of the reputed exchanges were delisted it so people who are holding it have no other options than picking Poloniex even if there are lot of issues on it before.I am also interested to see Poloniex back but not sure this can be considered as comeback for them.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: shadowdio on April 26, 2019, 02:39:05 PM
Well poloniex was great exchange, but many people complain about that exchange maybe that's the reason why people leave, not popular anymore. I hope that poloniex will be great again.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: VanDeinsberg12 on April 26, 2019, 02:46:28 PM
I do not believe that poloniex is going to be the leading exchange on the market. They were bought by another company not so long time ago and they seem to understand what they are doing and they will definitely make poloniex better. But there is still a long long way till getting into top 5.
If Binance can make it (started from zero and became the biggest one within few more the), why Poloniex can not become great again? At least, top five exchange in next one, two, or three years? If the Poloniex do their works well, by well I meant bringing new features for their customers, they will have bright future, and will certainly come back to be a top exchange. I think they should hit the top 10 exchange first, that even a challenge for them at the moment.
Most of people know about how bad polo maintain its exchange site. Polo will never go back again at the top of crypto exchange site. People are prefer using another trusted exchange site. US exchange is too risky to be used by everyone.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: rijaljun on April 26, 2019, 03:07:52 PM
I dont think Poloniex will be able to be the greatest exchanges again, they got less innovation and they may need a hard-thinker, an planner in their team who understand people's favor to be able to get people's interest. Crypto traders always want anything new, and currently only Binance knows how to satisfy users.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 26, 2019, 11:02:21 PM
Most of people know about how bad polo maintain its exchange site. Polo will never go back again at the top of crypto exchange site. People are prefer using another trusted exchange site. US exchange is too risky to be used by everyone.
I think different than yours opinion. US exchanges are more secure and more reliable than Chinese exchanges. Over the year of 2018, there are so many Chinese exchanges or likely copy-paste of Chinese exchange pattern launched (because they have nearly same GUI), maybe I am wrong, but its my feeling when I looked at them. In late months of 2018 and very early months of 2019, US exchanges upgraded their platforms, so I believed they aimed at higher security levels for their customers and prepared for future. They even have not joined the party of Chinese exchanges. In global economy, China is more vulnerable than the US, even China is the second biggest economy in the world, and is the fastest grown economy over recent decades.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: starblocks on April 28, 2019, 01:43:09 AM
Poloniex used to be one of the market leaders along with Bittrex before the newer generation of exchanges arrived, which have taken out the top positions lately due to unusually high trade volumes that some experts have claimed is fake or "wash trading", however, it still remains one of the longest standing and most reputable startups in operation since before the last bubble and it does offer good options for margin trading


Title: Re: Poloniex has been on it's journey to become great again.
Post by: CryptoBry on April 28, 2019, 01:51:42 AM

Cryptocurrency traders and holders who had in this industry for the past many years recognized the brand and reputation that Poloniex offered to the marketplace. And I am glad that the exchange did not eventually succumb to oblivion and is now journeying to gain back what it lost in terms of volume and market share. There remains the big potential for Poloniex to soon be a big leader in this industry and if the people behind it will do everything possible then maybe we can be waking up soon with Poloniex already one of the top 5 exchanges. Now, I am suggesting that they think of many unique features or offers to gain back its past users and supporters. Poloniex must have recognizable USP that they use in their marketing campaign.




Title: Re: Poloniex has been on it's journey to become great again.
Post by: BlueStackz on April 28, 2019, 08:33:58 AM
I hope they can become a big exchange again, tbh when i heard poloniex will sold to someone/company (cmiiw) i already leave the exchange. Good luck to them, i believe if they can become great again if there is no problem. I'll try to login my old account again maybe later.
They have the chance to still survive but the trust they need to grow big as other exchanges has already been lost, if we didn’t have competitors that much in the market or people f same interest, then it would have been a great chance now for them to really make name but there is no name that can be made again now.

Already, Binance has taken over, and there is little or no loop hole left in Binance that the exchange can take advantage of to become bigger, but it is still worth trying, they should give their existence before benefit of doubt to manifest and give them the required audience they need.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: carbal1987 on April 28, 2019, 01:35:05 PM
Poloniex This is the first exchange on which I registered and I had no problems with this exchange
I like this exchange


Title: Re: Poloniex has been on it's journey to become great again.
Post by: george_hured on April 28, 2019, 02:12:02 PM
As far as I remember, until Binance became the first exchange, Poloniex was really very cool. Now, from the point of view of generalization, I think that Poloniex should have its popularity and it seems to me that this exchange after it was bought from her has success in any case.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Ngewex Yuk on April 28, 2019, 03:06:57 PM
As far as I remember, until Binance became the first exchange, Poloniex was really very cool. Now, from the point of view of generalization, I think that Poloniex should have its popularity and it seems to me that this exchange after it was bought from her has success in any case.

Crypto's growth is very fast and Poloniex is too slow to adapt, this is what makes them lose a lot of opportunities, and I'm sure it's hard to be top 10 if they are still like now.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: dabenko on April 28, 2019, 03:56:46 PM
Poloniex needs to come up with an innovative idea that will make them standout among the top exchanges in the crypto space. Yes, they have been at the op before, but others have been able to forge ahead due to their remarkable services.
If an exchange want to be at the top now, it should know that the competitiveness is now high compared to what was obtainable two years ago. There are lots of exchanges that are into margin trading: there are so many with good interface and the likes, so all these are not new. I like Poloniex, but the team needs to work.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Alpinat on April 28, 2019, 04:36:35 PM
The last time I checked poliniex is like a few years ago and their website at that time is very unstable. It is going to down and up vice versa so maybe the investors are very tired of that scenario.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: tsaroz on April 28, 2019, 04:37:23 PM
As far as I remember, until Binance became the first exchange, Poloniex was really very cool. Now, from the point of view of generalization, I think that Poloniex should have its popularity and it seems to me that this exchange after it was bought from her has success in any case.

Crypto's growth is very fast and Poloniex is too slow to adapt, this is what makes them lose a lot of opportunities, and I'm sure it's hard to be top 10 if they are still like now.

And they haven't changed much even as compared to other exchanges. They still are using the same old approach. Bittrex on the other hand is keeping up with newer exchanges Poloniex is just losing users and volume. There are just a few coins I don't find anywhere else in a legit exchange that makes me revisit the exchange. They are turning into cryptopia.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Necroface on April 28, 2019, 09:32:08 PM
i have from this market since the beginning, speculations are aside, when i used this market, i had so many problems, like they did not pay my money for 17 days, they did not complete my transactions till a cyrpto currency's price got low. etc.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: republicrypto on April 28, 2019, 10:11:05 PM
i hope this is right, i have a good memories with poloniex after lisk ICO ended
if i'm not wrong at the beginning lisk trade on this exchange and in that time poloniex was a great crypto exchange after bittrex
but now this exchange sink,,
hope this exchange will be back on track again
regards


Title: Re: Poloniex has been on it's journey to become great again.
Post by: btccrusher on April 28, 2019, 10:11:36 PM
Adding some shitcoins is not a good move for such a reputable exchange. I wish them to steak with good projects only, that can hold the trust longer, instead of opening new trades, improve security, improve transparency, remove KYC on at least minimize. Also, develop marketing plans, spend on it to regain a top place. See how other top exchanges are working, follow them, be better than them. That's how Polonix can go ahead.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: takngantuk on April 29, 2019, 03:18:24 AM
Years ago, Poloniex was the biggest crypto exchange, especially when we mentioned about margin tradings. Since the middle of 2017, Poloniex fell behind Bittrex due to their bad supports for customers, and KYC verification to increase daily withdrawal limits, or maybe some other reasons were not disclosed publicly. After that, Bittrex took over by Binance, that has still remained the biggest exchange so far, and Poloniex fell further behind them.

Fortunately, things likely improved with Circle partnerships. During recent months, lots of things improved on Poloniex, graphic designs, customer supports, and recent days, we have had more coins added to Poloniex's Margin Trading Market. For years, Poloniex maintained its marginal tradeable coins with very limited, and old coins. So, I think it is a big change of their strategies.
It is too soon to say anything, but I am a big fan of Poloniex, and, of course I hope them will come back, to the top exchanges, from this year to 2021.
Some snapshotted images about their announcements and new marginal tradeable coins recently added on Poloniex:
Furthermore, I hope daily volume on Poloniex will increase dramatically with new coins added to their Margin trading list.
https://coinmarketcap.com/exchanges/poloniex/

How about your thoughts with the latest improvements of Poloniex?
I don't think this is what the market needs right now. maybe if Poloniex release the launchpad it will have more impact. IEO becomes a new hype in cryto, and if poloniex wants to follow it it will be greater than binance or bittrex.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: AjithBtc on April 29, 2019, 03:23:12 AM
Years ago, Poloniex was the biggest crypto exchange, especially when we mentioned about margin tradings. Since the middle of 2017, Poloniex fell behind Bittrex due to their bad supports for customers, and KYC verification to increase daily withdrawal limits, or maybe some other reasons were not disclosed publicly. After that, Bittrex took over by Binance, that has still remained the biggest exchange so far, and Poloniex fell further behind them.

Fortunately, things likely improved with Circle partnerships. During recent months, lots of things improved on Poloniex, graphic designs, customer supports, and recent days, we have had more coins added to Poloniex's Margin Trading Market. For years, Poloniex maintained its marginal tradeable coins with very limited, and old coins. So, I think it is a big change of their strategies.
It is too soon to say anything, but I am a big fan of Poloniex, and, of course I hope them will come back, to the top exchanges, from this year to 2021.
Some snapshotted images about their announcements and new marginal tradeable coins recently added on Poloniex:
Furthermore, I hope daily volume on Poloniex will increase dramatically with new coins added to their Margin trading list.
https://coinmarketcap.com/exchanges/poloniex/

How about your thoughts with the latest improvements of Poloniex?
I don't think this is what the market needs right now. maybe if Poloniex release the launchpad it will have more impact. IEO becomes a new hype in cryto, and if poloniex wants to follow it it will be greater than binance or bittrex.

In recent days IEO seems to major footstep in the launch of new tokens. Users were also much focused on these, and trying to invest as the listing is already done on the exchange which lets them to make trade of the assets within few days time than waiting for longer time period. Poloniex will get added user community if it implements IEO launchpad. It isn't gonna make anything big than Binance which have acquired a big market.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 30, 2019, 05:26:35 AM
From what I recall, Poloniex was acquired by Circle
Together, Circle and Poloniex can bring the exchange to the top crypto exchanges soon. I believe Poloniex will come back to the top within next two or three years. They have upgraded their platforms, and improved customers' experience gradually. Maybe, within several weeks, we don't see their changes, but looking back at early of 2018, at the moment, there are some new features activated on the Poloniex site. Someone still complained that Poloniex has boring graphic design, I don't agree with this opinion. Simplicity is good, not bad, and it seems that Poloniex team determinantly maintained its core ideas to keep their site's graphic designs as simple as possible. Simple does not mean that it is amateur.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Distinctin on April 30, 2019, 05:31:23 AM
From what I recall, Poloniex was acquired by Circle
Together, Circle and Poloniex can bring the exchange to the top crypto exchanges soon. I believe Poloniex will come back to the top within next two or three years. They have upgraded their platforms, and improved customers' experience gradually. Maybe, within several weeks, we don't see their changes, but looking back at early of 2018, at the moment, there are some new features activated on the Poloniex site. Someone still complained that Poloniex has boring graphic design, I don't agree with this opinion. Simplicity is good, not bad, and it seems that Poloniex team determinantly maintained its core ideas to keep their site's graphic designs as simple as possible. Simple does not mean that it is amateur.
I will be very happy to see this happen again.
Poliniex is a legit exchange and it was one of the most popular in the past, of course before Binance.
They have the funding so I think they can be great again, by getting more aggressive with the marketing, and constantly listing new project,
that would help for their volume to increase.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: perla on April 30, 2019, 05:42:40 AM
From what I recall, Poloniex was acquired by Circle
Together, Circle and Poloniex can bring the exchange to the top crypto exchanges soon. I believe Poloniex will come back to the top within next two or three years. They have upgraded their platforms, and improved customers' experience gradually. Maybe, within several weeks, we don't see their changes, but looking back at early of 2018, at the moment, there are some new features activated on the Poloniex site. Someone still complained that Poloniex has boring graphic design, I don't agree with this opinion. Simplicity is good, not bad, and it seems that Poloniex team determinantly maintained its core ideas to keep their site's graphic designs as simple as possible. Simple does not mean that it is amateur.
I will be very happy to see this happen again.
Poliniex is a legit exchange and it was one of the most popular in the past, of course before Binance.
They have the funding so I think they can be great again, by getting more aggressive with the marketing, and constantly listing new project,
that would help for their volume to increase.
Maybe what people look is new things that listed on them. Just in case they still must really strict to pick which token that can listed. Even new token can attract trader, Poloniex reputation must always be good.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on April 30, 2019, 06:04:54 AM
They have the funding so I think they can be great again, by getting more aggressive with the marketing, and constantly listing new project,
that would help for their volume to increase.
When they (Poloniex) have more funds from their coorporation with Circle, and they use those funds wisely to improve their platforms, and run effective promotions. Their site will become bigger for sure. Promotions always have amazingly fast effects in crypto. I don't mention about experienced traders and investors, whom tend to care more about security and reliability of platforms they have intention to use. Most of traders and investors only or mostly care about free money and giveaways they can get from crypto exchanges. If an exchange run their promotions, with giveways for new registered users, and even their current ones, lot of people will join. For a legit exchange, like Poloniex, of course people have more strong reasons to join.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: ExFrozze on April 30, 2019, 06:13:22 AM
I feel amazed by Poloniex, with a new design and poloniex is a market giant in the world, ranked 98th according to coingecko
Cost
Taker: 0% - 0.25%
Maker: 0% - 0.15%
Lots of cryptocurrency that are traded, I often trade in poloniex


Title: Re: Poloniex has been on it's journey to become great again.
Post by: upsidedown75 on April 30, 2019, 07:45:51 PM
In recent days IEO seems to major footstep in the launch of new tokens. Users were also much focused on these, and trying to invest as the listing is already done on the exchange which lets them to make trade of the assets within few days time than waiting for longer time period. Poloniex will get added user community if it implements IEO launchpad. It isn't gonna make anything big than Binance which have acquired a big market.
They can’t get bigger than Binance, even if they have not scammed in anyway, but they already have a bad reputation of a failed project before, just like what is hunting Facebook now, after stopping their Facebook credit in the past, and know coming up with another crypto project again which people are still referring to their past failure.

Poloniex still need to do very big work in winning the interest if users and assuring them that they will not pack their bag again the second time to leave the market, and while trying to do this, Binance will keep coming up with strategies that will make them o continue staying a leader to them all.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on May 01, 2019, 02:54:55 AM
Poloniex still need to do very big work in winning the interest if users and assuring them that they will not pack their bag again the second time to leave the market, and while trying to do this, Binance will keep coming up with strategies that will make them o continue staying a leader to them all.
What people care about is service, promotions, and kinds of other benefits they can get from exchanges they use. I don't deny that fact that past reputation and current total volume on exchanges are determinant factors that significant affect choices of investors or traders when they have to choose between exchanges. For whales, or experienced investors and traders, they care more about security and reputation of exchanges. In contrast, small traders or investors tend to prefer exchanges that can give them short term benefits through give aways, promotions, ref rewards and so on. Poloniex is a US. based exchange, so it has to obey strict rules in that nation. However generally I don't think Poloniex actually has bad reputation.


Title: Re: Poloniex has been on its journey to become great again!
Post by: thd26bct on May 01, 2019, 06:07:59 AM
This is the warning from Margin tab on Poloniex for BTS collateral usage. I have not used my BTS as collateral on Poloniex for margin tradings for too long. Do you know that how long BTS has not been accepted as collateral mean on Poloniex? Today, BTS has about 33 BTC traded on the exchange last twenty four hours, so it maybe the issue (temporary, I hope). If this situation last for too long from now, I think someday Poloniex might exclude Bitshares (BTS) from its marginable coins.
https://i.imgur.com/7CNkAeE.png


Title: Re: Poloniex has been on it's journey to become great again.
Post by: blockchainwriters on May 01, 2019, 06:22:47 AM
if poloniex improve their customer service then again crypto investors may turn back to poloniex  but still, poloniex stand third most traded exchange in the crypto market


Title: Re: Poloniex has been on it's journey to become great again.
Post by: arpon11 on May 01, 2019, 06:35:09 AM
i have from this market since the beginning, speculations are aside, when i used this market, i had so many problems, like they did not pay my money for 17 days, they did not complete my transactions till a cyrpto currency's price got low. etc.
Many people also make this complained of withdrawals stuck for days but I seriously think that thing has actually change and since I have been trading with poloniex I have never have such problem.  However,  it seems the trading volumes has reduce and some traders has moved to some other platforms that are more user friendly.  I am happy that poloniex has learned something and have decided to improve there platforms for a better trading experience.  I will keep on following them in other to see how things improve in future.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: leea-1334 on May 01, 2019, 06:56:47 AM
And they haven't changed much even as compared to other exchanges. They still are using the same old approach. Bittrex on the other hand is keeping up with newer exchanges Poloniex is just losing users and volume. There are just a few coins I don't find anywhere else in a legit exchange that makes me revisit the exchange. They are turning into cryptopia.

That is the funny thing about the old exchanges like Poloniex. They look 100% the same as today as they looked like 2 years ago when I first tried them. Now if you log into Poloniex nothing has changed. The same loan margins,,, the same order books, but the thing that has changed? The volumes are so low. There is zero demand any more for their loan margins. At least Bittrex keeps upgrading and improving.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on May 01, 2019, 11:41:03 AM
Look 100% the same, are you serious? If you don't see their changes, small or big, you should log in your accounts, and read their announcements last few months to see which changes / improvements they did. They tend to focus more on security of their platform, rather than focus on promotions and common trend of Chinese or Korean exchanges. In my perspective, security will show its powerful, and when that day come, Poloniex will take that chance to become fastly great again.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Mrsparks on May 01, 2019, 01:45:38 PM
I think it's rather too late. I actually expected the acquisition of the exchange by circleX to expedite the revolution of the poloniez exchange but so far, not much has been done and I think they my slide lower down the pecking order if not careful.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: upsidedown75 on May 01, 2019, 06:19:07 PM
I feel amazed by Poloniex, with a new design and poloniex is a market giant in the world, ranked 98th according to coingecko
Cost
Taker: 0% - 0.25%
Maker: 0% - 0.15%
Lots of cryptocurrency that are traded, I often trade in poloniex
I can also see that they have really improved in their services and I am really impressed about the trade volume they are gradually getting, the market is full of intelligent people now, so there is need for everyone that wishes to remain in the exchange business to really step up in their business games.

It is more or less like survival if the fittest and that is why competition is good, everyone will keep bringing different great futures and strategies that will make them stand out which will in turn be of great benefits to users that clamors for perfection in their trades and transactions.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: TobiasVR on May 01, 2019, 06:21:46 PM
basically poloniex became one of the big exchanges that exist today. Poloniex is supposed to dominate the market and provide the best service for now. poloniex can be a guideline for lots of tokens to be in the best position. so poloniex has to get back good and get the best back.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Pamadar on May 01, 2019, 07:50:03 PM
I feel amazed by Poloniex, with a new design and poloniex is a market giant in the world, ranked 98th according to coingecko
Cost
Taker: 0% - 0.25%
Maker: 0% - 0.15%
Lots of cryptocurrency that are traded, I often trade in poloniex
I can also see that they have really improved in their services and I am really impressed about the trade volume they are gradually getting, the market is full of intelligent people now, so there is need for everyone that wishes to remain in the exchange business to really step up in their business games.

It is more or less like survival if the fittest and that is why competition is good, everyone will keep bringing different great futures and strategies that will make them stand out which will in turn be of great benefits to users that clamors for perfection in their trades and transactions.
they needed to step forward in order to stay in the business, the competitions against those new exchange is really tough, so bringing something up in order to survive and continue to compete with positioning is really a good move for polo, they have it before and it will not be  hard for them to keep the market move for them and bring traders and investors back to their interest.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: premiumproductss on May 01, 2019, 07:53:38 PM
Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  ;).


Title: Re: Poloniex has been on it's journey to become great again.
Post by: adterna on May 02, 2019, 01:57:56 AM
One of the things I like about Poloniex exchange is that Poloniex chooses coins that are no longer developing, so coins in the list are definitely high-quality coins or at least the coins are still handled well by the developer, that's what I like about Poloniex.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: NewRanger on May 02, 2019, 02:06:54 AM
Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  ;).
they didn't want to changes their feature , meanwhile cryptocurrency market very dinamic.it need new feature in every second and now its proven.poloniex didnt most favourite exchanges anymore cause they could not following any changes in this market.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Alpha0One1 on May 02, 2019, 03:32:48 AM
I recall Poloniex as the very first crypto exchange that I used when I joined crypto Q1 of 2016.
The interface is good. I did not encounter any issues as well. But it was noticeable that the volume is drying.
I have not used Poloniex for a long time now.
Good to know that they have improvements. I may return one day.  :)


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on May 02, 2019, 03:42:54 AM
Despite of their supports, their 'boring' graphics, as you all discussed, I can tell you the truth that if you need an exchange on which you can safely store your money. It is Poloniex, the exchange is one of the most secured, and reliable exchanges in their security methods to protect their customers' balance stored on their platform. Scam exchanges are around, so it will be always better to stick with reliable exchanges. Personally, when I don't have anything to do with trading, I store my coins on Poloniex or on computer wallets.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: corrado25 on May 02, 2019, 04:42:39 AM
My first exchange for trade. she once was at ease among the leaders, but now she has lost her position.They need to first update the design. Begin IEO as it does other exchanges well and improve service support. I remember the moment when the server came out of service on the exchange and the exchange has been offline for a long time. I think it also badly affected the trust in the stock exchange.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: thd26bct on May 02, 2019, 04:53:31 AM
IEO does not mandatory if Poloniex team don't have demands to raise funds for their developments. If they feel they have enough funds themselves to upgrade, and improve their company, IEO is not necessary. There is no reason to open IEO simply to catch the hot trend at the moment. I support the approach to focus on security improvements of Poloniex, because it will be good for their customers in long term. It is the same like people focus on learning and improving their knowledge, skills will have better chances in our society than people whom focus more on their appearance (clothes, shoes, etc.).


Title: Re: Poloniex will become great again!
Post by: coinplus on May 02, 2019, 07:23:47 AM
I think it is all about them really going out with an exit and removing all the bad parts and continue their ways. Now when you are going to have an exit (specially an exit during binances early days to kingdom) its going to take a lot of your time, you think business runs with just the workers or just the boss ?

When the boss is dealing with an exit to Circle (which is owned by another big bank I forgot) that means nobody really checks the workers and those workers do not really work too hard because they know that they are being sold to some other company and that is always bad for motivation. That is why for a while poloniex didn't worked properly and they dropped a couple of steps but now that they have been sold for a while they are recouping that loss time very quickly.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 02, 2019, 08:19:28 AM
Poloniex apps updated today. It is the second updates of Poloniex apps within last several weeks.  Improvements on directly deposits & withdrawals on apps, and customize security. And, once again, Poloniex focused on security of their customers. As I discussed above, I am happy with Poloniex in the aspect of customer security. It's time to enjoy improvements on Poloniex's mobile apps (Android and iOS). You can also find out more about their apps, there: https://poloniex.freshdesk.com/support/solutions/folders/1000233343

https://i.imgur.com/cMd4IBD.png

https://i.imgur.com/i3T31Ag.png

Sources:
https://poloniex.com/
https://medium.com/circle-trader/after-a-wave-of-updates-poloniexs-mobile-app-is-more-powerful-than-ever-48adb51c0097


Title: Re: Poloniex has been on it's journey to become great again.
Post by: FanEagle on May 02, 2019, 09:06:00 AM
What people care about is service, promotions, and kinds of other benefits they can get from exchanges they use. I don't deny that fact that past reputation and current total volume on exchanges are determinant factors that significant affect choices of investors or traders when they have to choose between exchanges. For whales, or experienced investors and traders, they care more about security and reputation of exchanges. In contrast, small traders or investors tend to prefer exchanges that can give them short term benefits through give aways, promotions, ref rewards and so on. Poloniex is a US. based exchange, so it has to obey strict rules in that nation. However generally I don't think Poloniex actually has bad reputation.
I have known poloniex o be a very good exchanges with very good reputation, even after losing their volumes to some of these other great exchanges like Binance, they were still performing well in their little way, while they were performing well then before some exchanges pushed them aside, they were too relax at their position and didn’t do what they should have done, no king will remain a king forever.

I am sure now that they have realized that new strategies is what will continue to hold a company to the top, they will surely perform better now in this their new rebirth based on past experiences.


Title: Re: Poloniex will become great again!
Post by: panjay on May 02, 2019, 09:46:22 AM
They make a manny improvement for sure, if the last bullrun they don't choke up on the withdrawal, I think I will still use it.

But seeing an improvement on their side it's more and more convincing me, but nope, until they add the mighty trollbox..maybe after that.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 02, 2019, 10:09:55 AM
They listened to users, they have changed, they upgraded their platforms, so it is promising to wait for their future growth. I don't say their fighting to come back on top exchanges is a easy task, but if they keep improving, they will reach that objective down day. Maybe it will take one or two years for them to come back to the top, but time goes so fast, one or two years are not a very long period.


Title: Re: Poloniex will become great again!
Post by: BurstBurst on May 02, 2019, 10:19:55 AM
I think the poloniex exchanger is nice because their support is active and can quickly reply and say if the poloniex exchanger is good because it is also in the top exchanger and the volume of altcoins is great and I think there are also many traders and investors altcoins in this exchanger and also many poloniex exchanger supporters because their website is safe and secure and is quickly withdrawn and the fee is small so many prefer to withdraw the poloniex exchanger more lucrative because of the poloniex exchaner because it is too small fee for all altcoins and tokens on that exchange and until now I use it to save more on the withdrawal fee.


Title: Re: Poloniex will become great again!
Post by: Dennicex on May 02, 2019, 10:27:50 AM
They listened to users, they have changed, they upgraded their platforms, so it is promising to wait for their future growth. I don't say their fighting to come back on top exchanges is a easy task, but if they keep improving, they will reach that objective down day. Maybe it will take one or two years for them to come back to the top, but time goes so fast, one or two years are not a very long period.
It is possible that to stabilize the situation will need a couple of years to wait. I think that the crypto market will change and very much in the next few years.


Title: Re: Poloniex will become great again!
Post by: madfox11 on May 02, 2019, 11:05:35 AM
  It will be difficult to restore confidence after a series of financial issues. The lowest level of technical support, a silence for months, frozen funds - nothing has been forgotten.


Title: Re: Poloniex will become great again!
Post by: okan on May 02, 2019, 11:51:14 AM
i dont think that polo can be great again.
it was the most popoular exchange with bitrex last year. after exchanges like okex huobi and binance, polos volume get lower and lower.

maybe until eof we can hear news like polo hacked


Title: Re: Poloniex will become great again!
Post by: gasparik87 on May 02, 2019, 11:57:20 AM
Personally, I always liked this exchange and thought it would return to the top after buying a circle.  Probably they have a plan, see.


Title: Re: Poloniex will become great again!
Post by: Iykecollins on May 02, 2019, 12:22:38 PM
This happened to be the first exchange that I traded altcoins on having to link it with tabtrader was awesome. I really wondered why the sudden decline in popularity. Not sure Binace is ready to ditch its position to any other exchange as they capitalized on their lapses to build their exchange


Title: Re: Poloniex has been on it's journey to become great again.
Post by: geegaw on May 02, 2019, 12:32:35 PM
Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  ;).
Indeed, they were once the best exchange in the past but they were too subjective and not interested in customers, ignore suggestions and complaints, refusing to improve things when they have the capacity to do so, and with those actions, the price they need to pay is that they lose customers, the reputation goes down. Regretting and coming back at this stage was too late, their names became a black color, lots of bad comments about them, glorious and wonderful again is just a distant dream


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Wyndesam on May 02, 2019, 01:31:02 PM
Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  ;).
Indeed, they were once the best exchange in the past but they were too subjective and not interested in customers, ignore suggestions and complaints, refusing to improve things when they have the capacity to do so, and with those actions, the price they need to pay is that they lose customers, the reputation goes down. Regretting and coming back at this stage was too late, their names became a black color, lots of bad comments about them, glorious and wonderful again is just a distant dream

I agree that polonius was a chance to be the best of the exchange before this time , but they just scored on updates to its exchange and didn't really develop . now if only trading on marginale not more


Title: Re: Poloniex will become great again!
Post by: disconnectme on May 02, 2019, 02:36:31 PM
To me there re two things that makes Poloniex to lose its number one spot. First is the closure of the Troll-box, troll-box then was a very good tool for me, I know which coin is pumping and which one to pump next and again find latest information on it, the second is the enforcement of the KYC on every customers, why do I need to do this if Binance have 2BTC minimum daily withdrawal for non KYC customers


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Endikadija on May 02, 2019, 11:39:03 PM
Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  ;).
Indeed, they were once the best exchange in the past but they were too subjective and not interested in customers, ignore suggestions and complaints, refusing to improve things when they have the capacity to do so, and with those actions, the price they need to pay is that they lose customers, the reputation goes down. Regretting and coming back at this stage was too late, their names became a black color, lots of bad comments about them, glorious and wonderful again is just a distant dream

I agree that polonius was a chance to be the best of the exchange before this time , but they just scored on updates to its exchange and didn't really develop . now if only trading on marginale not more
Something that lost its credibility will be difficult to build it again. When people get lost their money and they will never try to come back again to use its service and look at how many people have been losing their money caused by poloniex. That's a crap one.


Title: Re: Poloniex will become great again!
Post by: Bitfling on May 03, 2019, 12:33:38 AM
To me there re two things that makes Poloniex to lose its number one spot. First is the closure of the Troll-box, troll-box then was a very good tool for me, I know which coin is pumping and which one to pump next and again find latest information on it, the second is the enforcement of the KYC on every customers, why do I need to do this if Binance have 2BTC minimum daily withdrawal for non KYC customers
Enforcements of KYC might come from US government's requirements, not from Poloniex itself. Binance is Chinese exchange, so it maybe different than Poloniex . Trollbox, I missed it so much but I think Poloniex has convincing reasons to close their trollbox, in which lots of FUDs spread and it looks very chaotic place. Sometimes I felt trollbox was funny, sometimes I felt it was very very annoying. I don't think these two reasons led to the position lost of Poloniex. There are other reasons in the past: Customer supports, low speed of KYC verification procedure, and so on.

Indeed, KYC already applied in many exchanger and its already common in crypto space. I think Poloniex could be the biggest again if poloniex could developing their exchanger like binance did. Many new exchanger in market right now and they providing new features with good security for their customers


Title: Re: Poloniex will become great again!
Post by: JeBro on May 03, 2019, 06:23:57 PM
In order for Poloniex to be able to become number 1 in the crypto exchanges again, they will have to work very hard. Competitors are not asleep, only Binance has voiced ambitious plans to enter global financial markets, the possibility of direct trading with fiat currencies, which so far no crypto exchange can offer. Also, a minus for Poloniex may be its US jurisdiction, where there is still no legal basis for crypto investing and the authorities are suspicious of ICOs and cryptocurrencies.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Zythiphill on May 03, 2019, 09:50:25 PM
Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  ;).
Indeed, they were once the best exchange in the past but they were too subjective and not interested in customers, ignore suggestions and complaints, refusing to improve things when they have the capacity to do so, and with those actions, the price they need to pay is that they lose customers, the reputation goes down. Regretting and coming back at this stage was too late, their names became a black color, lots of bad comments about them, glorious and wonderful again is just a distant dream

To poloniex to become a popular exchange again, you need to go through a lot , I think you need to update the graphics because they are very difficult for me to load , even though the Internet I have and fast , as I would add new coins , and the old coins lose liquidity on this exchange


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 06, 2019, 08:03:14 AM
News:

Twitter: https://twitter.com/Poloniex
Weekly Crypto Recap – Ready Player Satoshi: https://research.circle.com/weekly-recaps/weekly-crypto-recap-ready-player-satoshi
Crypto Playlist (On Repeat): https://twitter.com/Poloniex/status/1124019653834047490
Vote results on mobile mode (Light mode/ Dark Mode): https://twitter.com/Poloniex/status/1124397101868363776
Currently, 75% of voters chose Dark Mode as their favorite mode of Poloniex on their mobile devices. How about you?
https://i.imgur.com/Wv39TCg.png   https://i.imgur.com/1psmpSs.png   https://i.imgur.com/oON6qnr.png


Title: Re: Poloniex will become great again!
Post by: Paul Pogba on May 06, 2019, 08:18:02 AM
News:

Twitter: https://twitter.com/Poloniex
Weekly Crypto Recap – Ready Player Satoshi: https://research.circle.com/weekly-recaps/weekly-crypto-recap-ready-player-satoshi
Crypto Playlist (On Repeat): https://twitter.com/Poloniex/status/1124019653834047490
Vote results on mobile mode (Light mode/ Dark Mode): https://twitter.com/Poloniex/status/1124397101868363776
Currently, 75% of voters chose Dark Mode as their favorite mode of Poloniex on their mobile devices. How about you?
https://i.imgur.com/Wv39TCg.png   https://i.imgur.com/1psmpSs.png   https://i.imgur.com/oON6qnr.png

I vote dark mode, because dark mode in my opinion is better and does not make eyes tired than light mode, the first time my crypto exchange was Poloniex and wished them great again.


Title: Re: Poloniex will become great again!
Post by: Malsetid on May 06, 2019, 03:41:30 PM
I learned trading through polo and cryptopia back in the days and i can agree that polo was right there among the top exchanges at that time. I think i still keep a few coins though it's been quite a while when i last logged in. It would be nice to have them regain at least a fraction of their former supporters in an age where binance pretty much tops all other exchanges. I'd be happy to try them out once more.


Title: Re: Poloniex will become great again!
Post by: jakelyson on May 06, 2019, 03:58:36 PM
snip
Something that lost its credibility will be difficult to build it again. When people get lost their money and they will never try to come back again to use its service and look at how many people have been losing their money caused by poloniex. That's a crap one.

I agree with this. I was once a long time user of Poloniex but rumors about password leak made me stay away from it. Poloniex time in the top is already gone, history. Binance is doing a good job and I doubt Poloniex can keep up to them.


Title: Re: Poloniex will become great again!
Post by: 10BTCaDay on May 06, 2019, 04:00:11 PM
I learned trading through polo and cryptopia back in the days and i can agree that polo was right there among the top exchanges at that time. I think i still keep a few coins though it's been quite a while when i last logged in. It would be nice to have them regain at least a fraction of their former supporters in an age where binance pretty much tops all other exchanges. I'd be happy to try them out once more.
You are an old cryptopia user. How do you think this exchange will still work in the future after it was hacked and all the money was stolen?


Title: Re: Poloniex will become great again!
Post by: CryptoGosu on May 06, 2019, 09:55:53 PM
Poloniex lost too much of its leadership. I think that this exchange will be very difficult to become a leader again. Many users left this exchange do not plan to return.


Title: Re: Poloniex will become great again!
Post by: edmundo on May 06, 2019, 10:15:45 PM
It baffles me to see the level poloniex has fallen to. This use to be my first and best exchange. It seems to have fallen over the years with a lot of competitors rolling into the industry on a daily basis and it is difficult to keep up with the times. Hopefully, poloniex can find a spot and actually doing a rebound.


Title: Re: Poloniex will become great again!
Post by: GregH37 on May 08, 2019, 05:56:48 AM
News:

Twitter: https://twitter.com/Poloniex
Weekly Crypto Recap – Ready Player Satoshi: https://research.circle.com/weekly-recaps/weekly-crypto-recap-ready-player-satoshi
Crypto Playlist (On Repeat): https://twitter.com/Poloniex/status/1124019653834047490
Vote results on mobile mode (Light mode/ Dark Mode): https://twitter.com/Poloniex/status/1124397101868363776
Currently, 75% of voters chose Dark Mode as their favorite mode of Poloniex on their mobile devices. How about you?
https://i.imgur.com/Wv39TCg.png   https://i.imgur.com/1psmpSs.png   https://i.imgur.com/oON6qnr.png

I vote dark mode, because dark mode in my opinion is better and does not make eyes tired than light mode, the first time my crypto exchange was Poloniex and wished them great again.
Both are very good and also have their functions, usually, we have many people that would prefer dark mode because of their eye sight and too much reflection on the light mode, but they can just have the 2 as option, being seen on some of the application that I do use.

Some application will give the user to toggle between the 2, like me, I prefer the dark mode for the day while I prefer the light mode for the night, while some will do vice versa, but I like that poloniex is really doing all it takes to stay top again, their service has been a very good one and they really deserve to stay top of exchanges.


Title: Re: Poloniex will become great again!
Post by: drumamat on May 08, 2019, 07:09:26 AM
Poloniex is my first exchange.Well that they have updates,but I think that their time has passed.In my opinion Bitmax is the leader of margin trading.Although as they say never say never.Perhaps the management of the exchange will be able to somehow attract the target audience.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 08, 2019, 08:15:38 AM
I like that poloniex is really doing all it takes to stay top again, their service has been a very good one and they really deserve to stay top of exchanges.
They have learned lessons from their story in the past, when Poloniex lost its first position in crypto exchanges very fast, just within a few months due to emergence of Bittrex and Binance. Losing their position for Bittrex is normal, that easy to understand, but the period in which they lost their position for Binance (and Bittrex lost their position for Binance, too) is a very unforgettable lesson. However, Poloniex within last more than one year has performed smoothly, and they actually improved their KYC verification procedure as well as customer support tickets. They also dedicated their funds to improve security levels, and lots of things. In general, I have good feelings that they might come back to the top crypto exchanges.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: bolshojkush on May 08, 2019, 11:25:12 AM
Poloniex is a good example how to not manage a cryptocurrency exchange. They had enough funds to make things better, but they didn´t, this exchange were been replaced and currently noone is trading here (atleast no newcomers)  ;).
Indeed, they were once the best exchange in the past but they were too subjective and not interested in customers, ignore suggestions and complaints, refusing to improve things when they have the capacity to do so, and with those actions, the price they need to pay is that they lose customers, the reputation goes down. Regretting and coming back at this stage was too late, their names became a black color, lots of bad comments about them, glorious and wonderful again is just a distant dream

Once I thought this exchange is the best, but it was a long time ago. They did not want to keep up with the times and missed their chance to stay afloat. Now I will never use poloniex, there are exchanges much better.


Title: Re: Poloniex will become great again!
Post by: Casabrandy on May 08, 2019, 11:58:01 AM
Poloniex is my first exchange.Well that they have updates,but I think that their time has passed.In my opinion Bitmax is the leader of margin trading.Although as they say never say never.Perhaps the management of the exchange will be able to somehow attract the target audience.
It will be hard to gain back their customer, they will need to implement new technology and technique to attract investors and traders to use it again. Even there is BNB hacked today, users might not transfer in poloniex again.


Title: Re: Poloniex will become great again!
Post by: watergold on May 08, 2019, 12:54:12 PM
Poloniex will remain the best market of all times and until whenever. I'm sure of that.
long ago until now it still remained strong and became a choice for traders


Title: Re: Poloniex will become great again!
Post by: Fammosh82 on May 08, 2019, 07:35:33 PM
Poloniex cryptocurrency exchange is the latest to take up the challenge with a massive reduction in the trading fees. The exchange will further reduce the tier levels of the trading fees from 11 to just three.


Title: Re: Poloniex will become great again!
Post by: mrdeposit on May 08, 2019, 07:39:13 PM
Those gold old days of Poloniex. I remember their daily volume for shitcoins and that turnover numbers are greater than the turnover of the today's top 200 coins. It can make a new come back but unlikely it will happen in the near future.


Title: Re: Poloniex will become great again!
Post by: macshad on May 08, 2019, 07:51:58 PM
I don't figure they can return from their demise, regardless of the amount they attempt. every one of the issues that pushed them aside and made it with the goal that they were supplanted by different exchanges still exist if not developed more separate.

other than that is the means by which this world have dependably worked. the brought together altcoin exchanges have dependably had a lapse time and it didn't begin with Poloniex either. there were others before it as well. like Cryptsy which was enormous before they passed on, at that point Polo went along, at that point was supplanted by Bittrex and after that as they defrauded they got supplanted by Binance and soon enough Binance will be supplanted by another exchange and the chain goes on.


Title: Re: Poloniex will become great again!
Post by: Coltpython on May 08, 2019, 08:01:56 PM
I remember this exchange. It is actually the first cryptocurrency exchange I signed up for when I began my journey into the world of cryptocurrency. Although I couldn't use it for the first few months of registering despite submitting my kyc documents. I hope they have treated whatever issues they had. This exchange used to be the biggest before bittrex came and took over. Now bittrex is going down too as binance is top of the ranks


Title: Re: Poloniex will become great again!
Post by: levyashin on May 08, 2019, 08:06:30 PM
I don't think any US based exchange can become great again. Bittrex and poloniex were great but because they are having too many problems with SEC, this is the biggest they can be.


Title: Re: Poloniex will become great again!
Post by: necromastery on May 08, 2019, 08:42:42 PM
Poloniex will remain the best market of all times and until whenever. I'm sure of that.
long ago until now it still remained strong and became a choice for traders
I see it looks like whatever happens on poloniex, such as his rank on cmc is dropping, he is still alive in the heart of his fans. If I'm not mistaken he has been 5 years, including one of the old ones, and still has a strong trading volume and is able to compete with others. Never looks lonely on there.


Title: Re: Poloniex will become great again!
Post by: oktana on May 08, 2019, 08:50:11 PM
Is it possible for poloenix to regain the largest volume seeing that by relying on KYC they cannot get large volumes, if we compare other large markets, they open opportunities for all members to enter the market with minimum requirements so that it can have a large impact on volume on the exchange


Title: Re: Poloniex will become great again!
Post by: BITpashaCOIN on May 08, 2019, 09:06:47 PM
I still have an active account on Poloniex (by the way this is my first exchange) since 2017, and never had problems with depositing and withdrawing funds.
"Poloniex will become great again!" - Why not? 8) And if they add a platform for the IEO?)))


Title: Re: Poloniex will become great again!
Post by: shiming on May 08, 2019, 10:20:34 PM
The Poloniex trading platform was really very popular at the beginning. As long as the cryptocurrency enters this platform, the price will change a lot. I did not expect to be a second-line platform today. I think that if the platform will promote it, it is estimated that there are still many people who will trade and whether they can be restored. do not know yet.


Title: Re: Poloniex will become great again!
Post by: rarkenin on May 08, 2019, 10:23:18 PM
Poloniex was very famous among the altcoin traders way back to the 2016-2017. It is hard to believe in the revive of Poloniex after the bear market but I don't deny this possibility.


Title: Re: Poloniex will become great again!
Post by: TKarollah on May 08, 2019, 11:51:33 PM
Poloniex was very famous among the altcoin traders way back to the 2016-2017. It is hard to believe in the revive of Poloniex after the bear market but I don't deny this possibility.
it may be difficult to see in growth, but there is still a possibility because nothing is impossible so we do not know what will happen next.
nobody knows the future so we can't be sure.
maybe to know more we have to research and monitor it so we understand it.


Title: Re: Poloniex will become great again!
Post by: DarkEagleMan on May 08, 2019, 11:52:00 PM
Unfortunately times go by and it is difficult for an exchange to return to its previous leadership in the face of the continuous emergence of new exchanges, which has made the market increasingly competitive for the benefit of users.

I have no doubt that Poloniex will continue to be an important reference in this sector, but I find it difficult that before a giant as powerful and competitive as Binance there is enough space to recover the lost investors.


Title: Re: Poloniex will become great again!
Post by: tabas on May 09, 2019, 01:37:23 AM
I haven't traded on Polo for years and I remember those glory days with bittrex, cex and shapeshift. But now the market is in completely new level where exchanges are getting attached to their users because of these tokenized systems.


Title: Re: Poloniex will become great again!
Post by: Furious 7 on May 09, 2019, 02:37:42 AM
Poloniex has a great history in my trading career. I learned to trade there and get some big profits. but some big issues made me move my assets to bittrex.
so far I don't know whether poloniex is still safe. One time I will return.


Title: Re: Poloniex will become great again!
Post by: tbct_mt2 on May 09, 2019, 02:44:26 AM
Personally, it is a big switch of Poloniex strategies to bring passive income to their users, with ATOM is the first asset on their platform will be provided this feature. I believe that it is just the start of new wave of things on Poloniex. When users of Poloniex have more passive income from the site, by storing their assets on Poloniex, they will keep using the site, and other investors, traders might spend their look at Poloniex, and might come back (if they are former users of Poloniex) or create their accounts on Poloniex to use. Together, volume on Poloniex might increase, and the one might become greater.


Title: Re: Poloniex will become great again!
Post by: mandor on May 09, 2019, 04:07:16 AM
Poloniex has a great history in my trading career. I learned to trade there and get some big profits. but some big issues made me move my assets to bittrex.
so far I don't know whether poloniex is still safe. One time I will return.
I too experienced the same thing as you, Poloniex is a good exchange place and my favorite place. but that first, now I don't use poloniex anymore. because I prefer to trade on binance or kucoin. the reason I left Poloniex was because I had begun to doubt the security of Poloniex.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 09, 2019, 04:31:58 AM
With amazing recovery of bitcoin when it surpassed strong resistance around $6000, I think that if Poloniex team can do great initiatives, they might take advantages of the new wave in crypto to come back. Mainly because after bitcoin fully recovered, crypto investors will feel much better and they might use their capital to come back in crypto and invest more in altcoins. There is no doubt that altcoins have all been in very cheap price ranges in the BTC trading pairs. When new flow of old investors come back, and might be new flow of money from new comers, total liquidity of general crypto market will rise dramatically, and Poloniex can be benefited from such rises.


Title: Re: Poloniex will become great again!
Post by: blue_hurricanger on May 09, 2019, 05:35:48 AM
Poloniex only shine when there were few exchange in the whole market. Now? Not a chance after so many new face with even better ethics when it come to operate crypto exchange.
Let's not forget how many time Poloniex fuck up their own users with 'mishap'.


Title: Re: Poloniex will become great again!
Post by: GregH37 on May 09, 2019, 08:34:27 AM
Poloniex is my first exchange.Well that they have updates,but I think that their time has passed.In my opinion Bitmax is the leader of margin trading.Although as they say never say never.Perhaps the management of the exchange will be able to somehow attract the target audience.
Most new companies you see thriving today is not because they have any special idea, what they are doing is just to simply build on already existing ones, but making it better by looking for problems they are yet to find solution to,

 You cannot completely conclude that their time has passed, bitmax might be doing great now, but they will still have a particular problem they are yet to find solution to and that is what poloniex will probably use, by looking for a way to solve such problem and add it as additional feature to the already great features they have that will announce them above every other exchanges.


Title: Re: Poloniex will become great again!
Post by: MOProgress on May 09, 2019, 08:42:35 AM
Seriously it is funny that most of the then great exchanges have gone  down, Poloniex used to be a very good and interesting exchange, but suddenly its like fading away, I they just need to rebrand.


Title: Re: Poloniex will become great again!
Post by: ned.ryerson on May 09, 2019, 10:02:54 AM
Seriously it is funny that most of the then great exchanges have gone  down, Poloniex used to be a very good and interesting exchange, but suddenly its like fading away, I they just need to rebrand.
this is why many people recommend not keeping your money on the exchanges. you never know when the exchange will die or stop being interesting. even the largest exchange


Title: Re: Poloniex will become great again!
Post by: hell_slayer on May 09, 2019, 11:03:19 AM
To become great again they need not only to enable margin trading, but also to simplify the KYC procedure, and it is better to make it not mandatory (for example, as it was done in binance). KYC there is not just mandatory, they also require from users to resubmit their documents several times (my friend was required 2 times), and the document verification process took more than two weeks. It is difficult to count on popularity considering such not user-friendly procedures.


Title: Re: Poloniex will become great again!
Post by: madfox11 on May 09, 2019, 04:33:09 PM
Many users left this exchange do not plan to return.
It's true, poloniex has lost its leading position since 2017. All reputational risks arise when exchanges do not address the problem of low-quality service. It is a dead end.



Title: Re: Poloniex will become great again!
Post by: chocopapaya on May 09, 2019, 04:41:32 PM
I'm sorry, poloniex just doesn't offer anything that other exchanges can offer.

One thing you didn't mention was how poloniex (and also all fo the older big exchanges) did terrible during the huge bull run end of 2017.
Most of the centralized, fiat exchanges couldn't handle the massive amounts of trading volume.
Binance ended up "winning for a very good reason, it sailed through that without any bug problems and strong customer support.

And now, we see the market shifting towards dexs.
I just don't see how they will go back to poloniex.
Even binance started their own dex.

Crypto was made for decentralization, so sticking with a centralized model is just too old and counterintuitive.
P2P is the future, not a new interface on an old exchange.


Title: Re: Poloniex will become great again!
Post by: Dr.Osh on May 09, 2019, 04:53:07 PM
Many users left this exchange do not plan to return.
It's true, poloniex has lost its leading position since 2017. All reputational risks arise when exchanges do not address the problem of low-quality service. It is a dead end.


well, in this case, I also know that Poloniex has exceeded bitrrex, or even binance. it's just that since the price of bitcoin began to rise, the exchange began to dim, and people began to look for other exchanges. I hope that in the near future Poloniex will be able to be successful again.


Title: Re: Poloniex will become great again!
Post by: asbak66 on May 09, 2019, 05:12:26 PM
I don't think so about that, why customer should move their fund from their favourite exchange to poloniex again only because some new features?
If the features isn't special and just average, I think people wont move their fund to poloniex and still stick on the current exchange they like.


Title: Re: Poloniex will become great again!
Post by: valek.bruno on May 09, 2019, 05:37:50 PM
I think that this exchange already has quite big opportunities and therefore I don’t think that we need to talk about it as a whole. Therefore, it seems to me that now there is nothing more simple than just making money on it and buying some BTC for the future.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 09, 2019, 11:06:10 PM
Decentralized or centralized exchanges, which type of exchange is better for crypto investors and traders is clear, by now. It is centralized exchanges, even Vitalik Buterin supports decentralized exchanges through one of his statements months ago. Each kind of exchanges have its own pros and cons, but for now users tend to prefer centralized exchanges rather than decentralized ones. Maybe the trend will change in the future, but for not it is a period of centralized exchanges. Can you point out which decentralized exchanges currently ranked in the top exchanges, please.


Title: Re: Poloniex will become great again!
Post by: Furious 7 on May 10, 2019, 05:49:32 AM
Poloniex has a great history in my trading career. I learned to trade there and get some big profits. but some big issues made me move my assets to bittrex.
so far I don't know whether poloniex is still safe. One time I will return.
I too experienced the same thing as you, Poloniex is a good exchange place and my favorite place. but that first, now I don't use poloniex anymore. because I prefer to trade on binance or kucoin. the reason I left Poloniex was because I had begun to doubt the security of Poloniex.
it's better because doubts only make you uncomfortable. but indeed nothing is safe at this time. just look at the recent binary case, 7000 BTC was successfully stolen from binance which is the best and popular exchange at the moment. bitrex is still clean from hacking cases


Title: Re: Poloniex will become great again!
Post by: cepot9 on May 10, 2019, 07:38:45 AM
This is good news because I like the exchange of poloniex which is easy to use and simple, but when I come back they have made an obligation to KYC this makes me sad but if they will come back with a better one it will not be a problem for KYC. Poloniex is a simple and complete exchange


Title: Re: Poloniex will become great again!
Post by: igor.vanyutin.83 on May 10, 2019, 07:40:12 AM
Poloniex is moving towards great goals, but I do not see anything that can bring it to the top. They have normal trading volumes, not so much trading pairs, no margin trading and were sold not so long time ago.


Title: Re: Poloniex will become great again!
Post by: Bitfling on May 10, 2019, 08:11:00 AM
This is good news because I like the exchange of poloniex which is easy to use and simple, but when I come back they have made an obligation to KYC this makes me sad but if they will come back with a better one it will not be a problem for KYC. Poloniex is a simple and complete exchange

I think KYC already common in many exchangers because exchangers should comply with government regulation. Exchangers like Poloniex trusted by investor because their reputation and recently, Poloniex accepted by US Regulator and i think its good news for Poloniex.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Kpelumo on May 10, 2019, 10:13:08 AM
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.

Some team members do not k ow what it requires to build a project. Set it up right, go into good publicity, marketing and the project will be hyped thereby bringing more investors


Title: Re: Poloniex will become great again!
Post by: dEjAvOU on May 10, 2019, 10:25:09 AM
Poloniex is moving towards great goals, but I do not see anything that can bring it to the top. They have normal trading volumes, not so much trading pairs, no margin trading and were sold not so long time ago.

I hope their plan can be successful, I think the mistake of Poloniex is that it's too slow to accept new coins or tokens so they are left behind by devs, investors and traders.


Title: Re: Poloniex will become great again!
Post by: Iyanu14 on May 10, 2019, 04:30:56 PM
poloniex era has gone, i am skeptical the exchange will ever rise from the pit again, they had the chance to remain at the top before the emerge of binance, it will be a miracle or a total reformation and good marketing for poloniex to be great again.


Title: Re: Poloniex will become great again!
Post by: Whosdaddy on May 11, 2019, 09:16:40 AM
I hope they really get themselves back to the top list again, cause this time around there are lots of people who no longer have interest in them, some of their traders that they have wronged due to their bad services in the past when the platform was turning to something else, and all these people have moved to other exchanges they believe are better and getting them to come back to their old trading platform is going to be a problem cause they no longer have nay interests there.

Unless there will be something very unique that will attract them back again. Let's see what happens, I know they working for sure, it's not easy to manage an exchanges, it's a difficult job to do.


Title: Re: Poloniex will become great again!
Post by: rijaljun on May 11, 2019, 09:28:39 AM
They can't do that for once again. People who have ever got problem there, would not waste their time to use that platform while they are a lot of high reputable exchanges already. No chance for Poloniex to be the best again.


Title: Re: Poloniex will become great again!
Post by: Quantum907 on May 11, 2019, 10:02:10 AM
They can't do that for once again. People who have ever got problem there, would not waste their time to use that platform while they are a lot of high reputable exchanges already. No chance for Poloniex to be the best again.

I hope they are serious about improving everything, if they make it difficult for users again as before, then it is certain they will die soon, too many great exchanges.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 14, 2019, 04:44:04 PM
Have you ever use the BTC price Alert with Poloniex app? If not, you should give it a try, since today, especially during bull run of Bitcoin. Price moves up so fast, so it actually requires price alert to keep you updated with price movements, if you don't have time to keep watching price chart, and stay in front of computer screen most of your daily time. The exchange also finished their maintenance with Stellar wallet hours ago, that results in nearly instant deposits and less than one-minute withdrawals. That's amazing maintenance, and there are more features coming with Stellar (as Poloniex disclosed with their Tweet).
https://i.imgur.com/WbpaIpN.png
Source: https://twitter.com/Poloniex/status/1128284330202103808
https://twitter.com/Poloniex/status/1128000001274048514


Title: Re: Poloniex will become great again!
Post by: pey on May 14, 2019, 04:51:30 PM
Poloniex has always been a regulated exchange with a clear history maybe because it is us based. It is still one of the best exchanges to me. Other exchanges are just more popular not better.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 14, 2019, 05:35:12 PM
More popular exchanges usually are better exchanges. Better in different things, their volume, their supports, their compensation for users in worst cases, and their user experience on their sites. However, big exchanges can also be broken and won't be able to come back. Who knows, so be careful all the time is important, and should not totally depend on exchanges with all of our funds.


Title: Re: Poloniex will become great again!
Post by: AUruHM on May 14, 2019, 05:46:49 PM
No doubts Poloniex was one of the greatest exchanges. And I began on it. But I went off after some strange account's blocks. And now Poloniex can dream only about liquidity that was in early 2017. Without volumes and solid steps, it has no chances. Mobile apps don't solve this. Too late


Title: Re: Poloniex will become great again!
Post by: bitcoin-shark on May 14, 2019, 06:46:59 PM

i stopped using both bittrex and poloniex since they put the obligatory kyc, poloniex was good for lending, now i use binance which is just as good if not better...


Title: Re: Poloniex will become great again!
Post by: magicrypto on May 14, 2019, 06:48:37 PM
Bittrex was big too, but here is a thing, cryptocurrency market is moving, there are a lot of new trends and ideas, but polo dont support them, i mean IEOs, new listings. Marketing is most importaint thing for exchange, it would be difficult to counter Binance, Huobi, etc.


Title: Re: Poloniex will become great again!
Post by: tk808 on May 14, 2019, 11:47:24 PM
There's a void now, Bittrex has demolished their reputation through very poor management/filtering of their exchange hosted IEOs. Both Coinbase and Bittrex have done quite a bit of damage to themselves this year, it's Circle's opportunity and chance to take advantage of the situation and rise again.

I've been trading on Polo since the first week it was launched with NXT and had a minor correspondence with Tristan at one point while Coins Source was a thing. Always been a big supporter, but recently that support has faded.

Poloniex has become active again, after several months (or years) of inactivity. Poloniex was a thing under Tristan's management, but now it's all in the hands of the Circle team (whom i really never had great sympathies for). From what i've seen recently, they've made a big push to connect with their core audience and begin innovating/attempting to lead the way with creating the best experience for traders. I like what you guys are trying to do here and have nothing but support for your endeavors atm.



Also, big thumbs up from me for supporting Grin and listing Cosmos before most other bigger exchanges.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 15, 2019, 01:00:17 AM
Also, big thumbs up from me for supporting Grin and listing Cosmos before most other bigger exchanges.
Poloniex has even moved further with Cosmos by allowing staking with Cosmos. Additionally, I like the approach of Poloniex to focus on their internal upgrades (security, for instance) rather than running follow common things of Chinese exchanges. Not only Bittrex, Binance has its own troubles by leaks of their customers' APIs several times. Even they paid compensations for their users, it is actually reputation damage for Binance.

Today, I updated OP with links to Poloniex and Circle Twitter channels.
Poloniex's Twitter: https://twitter.com/Poloniex
Poloniex's Blog: https://medium.com/circle-trader
Circle's Twitter: https://twitter.com/ResearchCircle
Circle's Medium: https://research.circle.com


Delisting announcement
On Friday, May 17th, at 12:00pm ET, markets for the following assets will be disabled on Poloniex: SYS, SBD, HUC, XCP, NMC, PPC, and BURST. Please finalize all trades and close any positions in these assets prior to May 17th. In addition, we have temporarily re-enabled withdrawals for the following delisted assets: MINT, MYR, GRS, QTL, and RDD. The withdrawal deadline for these assets is as follows:

SYS: June 3rd at 12:00pm ET
MINT, MYR, GRS, QTL, and RDD: June 10th at 12:00pm ET
SBD, HUC, XCP, NMC, PPC, and BURST: June 17th at 12:00pm ET

Once the withdrawal deadline has been reached, withdrawals will be disabled and the delisted assets will be decommissioned. For more information about our delisting policy, please visit our help center article. We greatly appreciate your support.

Note: customers who held HUC during the XAYA snapshot last year will be credited XAYA airdrop tokens for withdrawal in the near future - more details coming soon.
Posted by The Poloniex Team at 2019-05-10 23:36:51


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 16, 2019, 08:32:59 AM
It is last few hours till the delists of mentioned coins in above posts (that I took from Poloniex site), so someone whom have those delisted coin on Poloniex on 17th May, please remove coins out of Poloniex before the delisting time. To avoid losses, to avoid complaints. There are significant things done for Stellar on Poloniex, that probably related to recent rises of Stellar. There is the latest news on Stellar inflation rewards on Poloniex: https://medium.com/circle-trader/announcing-stellar-inflation-rewards-for-eligible-poloniex-customers-a6c181fd1a93. After ATOM, Stellar is the second one will bring passive income for Poloniex users, and another good movements to make Poloniex great again!


Title: Re: Poloniex will become great again!
Post by: michellee on May 16, 2019, 01:13:15 PM
Poloniex could try to rise again after it's on the behind of bittrex and binance. Poloniex can be a competitor for bittrex and binance, but poloniex needs to solve their problem first so they can get a stable exchange. But now, I see that poloniex has already fixed many problems in their site and I hope that they can maintain this so they will get more traders to come back to them.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 16, 2019, 01:15:25 PM
Poloniex could try to rise again after it's on the behind of bittrex and binance. Poloniex can be a competitor for bittrex and binance, but poloniex needs to solve their problem first so they can get a stable exchange. But now, I see that poloniex has already fixed many problems in their site and I hope that they can maintain this so they will get more traders to come back to them.
Long time ago, I don't see lags on Poloniex since the terrible period of crypto Spring in early of 2017. Then, they enhance their security for customers, and now we have see their initiatives to bring passive income for their users, with the first two are Cosmos and Stellar. Maybe more things to come as options for earning passive income on Poloniex. Especially within the last three months, I have seen so many changes on the Poloniex, that has brought lots of hope for Poloniexers to see they become great again, back to top exchanges.


Title: Re: Poloniex will become great again!
Post by: aderidwan98 on May 16, 2019, 01:19:34 PM
I also look forward to that. Also because Poloniex is truly the best exchange that has ever existed before the existence of binance


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 17, 2019, 02:20:57 AM
Update:

Geofencing assets for US customers
On Wednesday, May 29th, at 16:00 UTC, the markets for ARDR, BCN, DCR, GAME, GAS, LSK, NXT, OMNI, and REP will be disabled for Poloniex customers in the US. All assets remain available for trading to customers outside the US. Once geofenced, you will be able to withdraw these assets from your wallet for as long as we support the asset globally. You will not, however, be able to see your deposit address or generate a new deposit address.

We are committed to complying with regulatory requirements in every jurisdiction. Today’s action is a result of regulatory uncertainty in the US market. Specifically, it is not possible to be certain whether US regulators will consider these assets to be securities. We understand how frustrating this choice is, and will continue to focus time and energy on supporting positive policy and regulatory developments for crypto assets in the US and around the world.
Posted by The Poloniex Team at 2019-05-16 21:20:46

1/ On Wednesday, May 29th, at 16:00 UTC, the markets for ARDR, BCN, DCR, GAME, GAS, LSK, NXT, OMNI, and REP will be disabled for Poloniex customers in the US. All assets remain available for trading to customers outside the US. [1]

2/ We are committed to complying with regulatory requirements in every jurisdiction. Today’s action is a result of regulatory uncertainty in the US market. Specifically, it is not possible to be certain whether US regulators will consider these assets to be securities. [2]

3/ We understand how frustrating this choice is for our customers and for the crypto community. We believe in the power and potential of these assets, and will continue to focus time and energy on supporting positive policy and regulatory developments for crypto assets. [3]

4/ Recent guidance from US regulators on what crypto assets would be deemed securities has led to these actions. We don’t agree that they should be considered securities but need to ensure we are in compliance with US law. [4]

5/ Our view is that digital assets represent a fundamental new class of financial instrument that defies simple classification as security, commodity or currency. Many digital assets occupy one, two, or all three depending on their context and use. [5]

6/ We need policies that encourage development and use and the creativity of technologists and builders all around the world. We will continue to push for rules specific to digital assets globally. [6]

7/ For many crypto assets, classification as a security under US law would effectively destroy its utility.  We need to come up with ways to enable the utility while addressing fundamental investor protection risks like fraud and theft and custody. The industry has solutions. [7]

8/ Crypto and digital asset innovation will continue, but without a new regulatory environment, people and businesses in the US may not be able to participate in these transformative technologies. We will continue to advocate for changes to US law and regulations. [8]

Sources:
[1] https://medium.com/circle-trader/poloniex-to-stop-offering-trading-of-9-assets-to-us-customers-all-assets-remain-available-to-b4c5703c0e9
[2] https://twitter.com/Poloniex/status/1129100346532552706
[3] https://twitter.com/Poloniex/status/1129100666679496706
[4] https://twitter.com/Poloniex/status/1129169914776784896
[5] https://twitter.com/Poloniex/status/1129169915666206721
[6] https://twitter.com/Poloniex/status/1129169916693819392
[7] https://twitter.com/Poloniex/status/1129169917448790016
[8] https://twitter.com/Poloniex/status/1129169918186930176


Title: Re: Poloniex will become great again!
Post by: Distinctin on May 17, 2019, 02:42:02 AM
~snip~

The regulation of the US is very strict, this is a bad news for the users, maybe it's time for them to consider transferring to other countries which are crypto friendly. I believe Binance is now operating in Malta, maybe following the action would result them an increase of customers and maybe they will be great again. I really believe that people wants an exchange where they can choose whether they will submit for KYC or not, and Binance offered that kind.


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 17, 2019, 02:45:57 AM
The regulation of the US is very strict, this is a bad news for the users, maybe it's time for them to consider transferring to other countries which are crypto friendly. I believe Binance is now operating in Malta, maybe following the action would result them an increase of customers and maybe they will be great again. I really believe that people wants an exchange where they can choose whether they will submit for KYC or not, and Binance offered that kind.
I agreed with you. It happened for many exchanges, years ago, Chinese exchanges moved to other nations due to regulations in China. Maybe, we might soon see movements of Poloniex and other US-based exchanges. Even on US-based decentralized exchanges, like Crypto Bridge, users have to do KYCs, that is a big surprise, if we simply talk about core purposes of decentralized exchanges. However, I have a feeling that it is just temporary choice, sooner or later, regulations will become stricter, globally not only in the US. However, moves to other nations, and become great again is not too bad option for current period. In addition, strict things don't make thing worst, instead make things better, in long run; therefore, I believe in the US. and Poloniex.


Title: Re: Poloniex will become great again!
Post by: HiBlocks on May 17, 2019, 02:50:14 AM
I like the fact that Poloniex offers margin trading and the ability to borrow fund to start margin trading.  So I can be a lender or borrower and not a lot of exchanges allow for that. 


Title: Re: Poloniex will become great again!
Post by: kynaz on May 17, 2019, 02:53:22 AM
~snip~

The regulation of the US is very strict, this is a bad news for the users, maybe it's time for them to consider transferring to other countries which are crypto friendly. I believe Binance is now operating in Malta, maybe following the action would result them an increase of customers and maybe they will be great again. I really believe that people wants an exchange where they can choose whether they will submit for KYC or not, and Binance offered that kind.
The US government probably will not support pennies without major censorship and it can be seen that Poloniex will be a very difficult exchange to use in the near future. I think Bittrex is similar because this exchange is very tightly controlled so that many investors face many difficulties. In my opinion, I should choose popular exchanges in crypto and the two exchanges I like the most are Huobi, Okex because it has a much higher transaction volume than other exchanges.


Title: Re: Poloniex will become great again!
Post by: tranthidung on May 17, 2019, 03:00:07 AM
The US government probably will not support pennies without major censorship and it can be seen that Poloniex will be a very difficult exchange to use in the near future. I think Bittrex is similar because this exchange is very tightly controlled so that many investors face many difficulties. In my opinion, I should choose popular exchanges in crypto and the two exchanges I like the most are Huobi, Okex because it has a much higher transaction volume than other exchanges.
Next, what will happen with latest upwards of Trade-War between the China and the US.? China, has grown fastly to become the second largest economy of the world. However, the fact is Chinese economy is very vulnerable and the TradeWar somehow demonstrated that vulnerability of Chinese economy. For many decades, the US. has been the largest economy, with strict rules, and effective managements, from which they built their strong economy, and solid as well as reliable companies. Nothing can grow stably with vulnerable foundations, and that is the point will change crypto exchange industry in next one or two years.
I don't say I like the way they managed and controlled crypto, and crypto exchanges in their nations, but who knows that their management approach will lead to a model globally in the coming years.
Additionally, what we have seen with strict rules of bitcointalk.org forum is good for all. I like it.  :)


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 22, 2019, 06:29:35 AM
Update:
1) Within recent months, there are some initiatives made by Poloniex team as efforts to build up more powerful exchange for crypto traders. Including: Adding more margin trading pairs (16 pairs so far); less 10x latency that gives better performance; better customer supports that solves nearly 99.9% of support tickets; and some significant improvements on Poloniex Mobile UI.
https://i.imgur.com/paCfbLC.png

2) Yesterday, Poloniex also made the third donation to Grin General Fund.
https://i.imgur.com/BBRvaXY.png

Sources:
https://twitter.com/Poloniex/status/1130883632263041029
https://twitter.com/Poloniex/status/1130849980753690626


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 22, 2019, 06:44:40 PM
There is a guide on how to do margin trading on Poloniex, and this guide helps to avoid losing money from margin tradings due to lack of understandings on how margin tradings work on Poloniex. There is a video that is contentful and helpful for Poloniex's newcomers. By the way, if you are newcomers, you should watch the videos carefully and repeatedly to really understand rules and basics of Poloniex margin tradings. Especially liquidation mechanism, leverage, and more things. Link to find out more yourself (this one is an official guide from Poloniex): https://medium.com/circle-trader/video-dont-lose-your-shirt-margin-trading-eaa78741c718


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 23, 2019, 11:03:05 PM
Latest article from Poloniex and Circle:

The uncertainty of US. governments and laws to deal with or to support crypto assests and blockchain-based technology innovation actually causes lots of barriers on the crypto industry in general, and on crypto exchanges in particular. You can read and find out more details in sources given below.
Personally, I am a big fan of Poloniex since 2017, so I wish that the US. Congress will pass laws specifically designed to support the crypto industry in the months to come. Some nations already did it, so I hope the US. will response fastly and productively.

Sources:
https://twitter.com/Poloniex/status/1131563992294592513
https://medium.com/circle-blog/our-take-interpreting-recent-signals-from-us-regulatory-agencies-340306aeec1d


Title: Re: Poloniex will become great again!
Post by: thd26bct on May 24, 2019, 11:34:09 PM
Stellar inflation rewards on Poloniex users. There are official Tweet of Poloniex and a Simple guide on Stellar Inflation Rewards. All of details presented in the two links below. Brief summary, Stellar holders on Poloniex can get passive income distributed by Stellar on weekly basis through their weekly votes. With one Lumen, they have one vote for a single destination address. Only destination address that receives at least 0.05% of total weekly votes can received proportional weekly inflation rewards. This in turn result in Vote Pools. However, we actually have not known the start day of vote and Stellar Inflation Rewards on Poloniex. Stay tuned for next news of the exchange and Stellar.
https://twitter.com/Poloniex/status/1131971043671912448
https://medium.com/circle-trader/a-simple-guide-to-stellar-inflation-rewards-7ed27f8d0b4c


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 04, 2019, 02:13:39 AM
Update with latest news from Poloniex last week:

1) There are Reminders on withdrawal deadlines for coming delisted coins. Please check details below.
This is a reminder that certain withdrawal deadlines for recently-delisted assets are approaching.

SYS: June 3rd at 16:00 UTC
MINT, MYR, GRS, QTL, and RDD: June 10th at 16:00 UTC
SBD, HUC, XCP, PPC, and BURST: June 17th at 16:00 UTC
NMC: July 17th at 16:00 UTC

Once the withdrawal deadline has been reached, withdrawals will be disabled and the delisted assets will be decommissioned. From that point forward, we will be unable to process withdrawals of the impacted assets. For more information about our delisting policy, please visit our Support Center article. We greatly appreciate your support.
Posted by The Poloniex Team at 2019-05-31 21:49:15

2) Withdrawal issues with Poloniex iOS & Android apps. Please wait for the fixes.
We are aware of an issue that prevents withdrawals from being canceled via our iOS and Android apps, and prevents withdrawals from being confirmed on our Android app. This functionality still works on desktop and mobile web, and fixes for our native apps will be released soon.
Posted by The Poloniex Team at 2019-05-31 18:16:38

3) Updating Fee Schedule (since 3rd June 2019). More details on updating fees can be found here: https://www.poloniex.com/fees/
We will be updating our fee schedule. Please make sure you review it here before changes become effective on June 3rd, 2019. Going forward, we may update the fee schedule on the first business day of every month and will provide users with 5 days’ advance notice of such updates.
Posted by The Poloniex Team at 2019-05-30 13:52:39


Title: Re: Poloniex will become great again!
Post by: Msworld83 on June 04, 2019, 04:25:54 AM
This is to tell you that in crypto world things move faster than expected, just some years back poloniex was one touch away from every trader but as things go on in the crypto space many new exchange start to dash in with lot of offer which I think is more benefit than what poloniex and likes of others offer .

Poloniex will always be among the best but I dont think it can beat the strategy on ground with new sets of exchange coming up and introducing .


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 04, 2019, 04:46:57 AM
Poloniex will always be among the best but I dont think it can beat the strategy on ground with new sets of exchange coming up and introducing .
Personally, Poloniex has to compete with current biggest exchanges, like Binance. For new-born exchanges, current and coming ones, I don't worry about them too much. Because most of young exchanges will end with failures, failed in lack of volume, or failed by ending with scam or dead ones. Young exchanges have their own disadvantages, especially security-related things. Well-known and old exchanges, like Poloniex have more experience and skills to secure their platforms than young ones. Moreover, young exchanges are more vulnerable to attacks, and have less ability to come back or compensate to their users when serious attacks or abusements occur on their platforms.


Title: Re: Poloniex will become great again!
Post by: Alpha0One1 on June 04, 2019, 06:31:03 AM
Poloniex was one of the top 20 exchanges when I joined crypto early 2017.
It faltered as the exchange was not able to scale, fund withdrawals having issues that time which resulted to endusers losing confidence.
They need to introduce promotions and other stuff like other exchanges are doing to be able to reclaim their standing.



Title: Re: Poloniex will become great again!
Post by: thd26bct on June 07, 2019, 06:49:41 AM
Update:

On May 26, a sudden, severe price crash in the CLAM market caused a number of margin loans to default, resulting in a roughly 1800 BTC loss in the Poloniex BTC margin lending pool for non-US customers. Today, we recognized the generalized loss across lenders in the BTC margin lending pool. As a result, the principal of all active BTC loans as of 14:00 UTC today has been reduced by 16.202%. This impacted 0.4% of Polo users. More details here. Posted by The Poloniex Team at 2019-06-06 18:03:34
As a result of such changes:
- Four assests delisted from Poloniex Margin Trading: CLAM, MAID, BTS, and FCT. However, Poloniex team will follow coming changes of four coins, and might relist them in margin trading list later.
- Additional layers to protect margin traders, including disable margin tradings when necessary.
- New protections (integration of NICE/Actimize’s market surveillance), since 1st June.
Source: Overview of BTC Margin Lending Pool Losses (https://medium.com/circle-trader/overview-of-btc-margin-lending-pool-losses-a2f0905aaa56)
Additionally, for guides on how Poloniex Margin Tradings work, please read: Introduction to Margin Lending and Borrowing on Poloniex (https://medium.com/circle-trader/introduction-to-margin-lending-and-borrowing-on-poloniex-f9ee880dcaa0)

Lastly, join this one if you have interest:
Welcome to the Betahood Be part of our user research group and influence the future of Poloniex. Apply now (https://docs.google.com/forms/d/e/1FAIpQLSfVS2wz8XaTeN46_W6WrjuLvwuh0U_Hm-nEpbfaGNhtyCPywA/viewform)


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 11, 2019, 11:25:03 PM
Update on latest distribution of Stellar Inflation Rewards on Poloniex for their eligible users. With recently launched margin tradings on Binance, things become harder for Poloniex to become great again, and compete with Binance, that demonstrates that Binance has been very very responsive to hot trend of crypto, as well as never stop improving their platforms and bring more convenience to their users. It is too far away to become competitive with Binance, in coming months, but I hope that Poloniex will keep upgrading their platforms (with new features, new products) and improving their users' experience.

By now, Poloniex has tried to improve their site, but for now there is lack of breaking things that can play as a turning point for Poloniex, let's see.
With the latest round of Stellar inflation rewards, we have now distributed over 547,750 #StellarLumens to Poloniex customers over the past month!


Title: Re: Poloniex will become great again!
Post by: Yudhisthir on June 11, 2019, 11:40:32 PM
The margin trading and lending option in Poloniex have attracted many users. Poloneix provides one of the best investment oppurtunity in crypto. And unlimited earning oppurtunity through margin trading. The exchange now has an increased volume and you can easily exchange tokens as your need.


Title: Re: Poloniex will become great again!
Post by: cotton ball on June 11, 2019, 11:49:08 PM
The margin trading and lending option in Poloniex have attracted many users. Poloneix provides one of the best investment oppurtunity in crypto. And unlimited earning oppurtunity through margin trading. The exchange now has an increased volume and you can easily exchange tokens as your need.
Well, if the market currently provides such a system, it will be ensured that many investors will enter the market and begin to meet the volumes that are on the market so it will not be long for Poloniex to occupy the top market position.


Title: Re: Poloniex will become great again!
Post by: Viscore on June 11, 2019, 11:51:40 PM
For the strong market competition, it gonna be a big struggle for Poloniex will compete with the others. If they will improve their services and shows something that could attract investors juts like of what Binance did, will possibly be making a steps to be back into the race again. Believing that, a lot of crypto traders are still using Poloniex and it have a chances to make it right and build reputation back.
Traders are now in the after of BNB coin which Binance keep boosted away from the other exchanges.


Title: Re: Poloniex will become great again!
Post by: z21770179 on June 12, 2019, 04:38:29 AM
Poloniex is like Bittrex, they are based in the US and the US is currently drafting and offers many rules for crypto. Most recently, information that Bittrex prohibits US users from trading some altcoin on its service


Title: Re: Poloniex will become great again!
Post by: emmybd on June 12, 2019, 06:01:09 AM
Poloniex lost investors confidence, as their customer support wasn't very good and many people had faced a lot of issues from time to time. If it has to be great again then it has to improve in all departments.


Title: Re: Poloniex will become great again!
Post by: Chikito on June 12, 2019, 06:12:06 AM
Poloniex lost investors confidence, as their customer support wasn't very good and many people had faced a lot of issues from time to time. If it has to be great again then it has to improve in all departments.
I thing them support of department have to fix it ASAP custumer who have problem about withdraw and deposit. I have problem deposit about a month ago and my coin isn't become and has contacted suport got slow respond, need half day to fix my coin come into wallet


Title: Re: Poloniex will become great again!
Post by: Little_king on June 12, 2019, 06:38:52 AM
The days of POLO was sweet when the going was just started back then but the new era exchanges are taking over from the old with a new techniques of utility and own blockchain which is driving fast the ecosystem of blockchain .
The POLO will still be one of the best in terms of protect and save of funds which is why every one has to be very careful as these new exchanges are so much in getting quick and found of fake volume related transaction.


Title: Re: Poloniex will become great again!
Post by: andika2018 on June 12, 2019, 06:43:46 AM
Poloniex is like Bittrex, they are based in the US and the US is currently drafting and offers many rules for crypto. Most recently, information that Bittrex prohibits US users from trading some altcoin on its service

Perhaps this is the factor why poloniex not like years ago. Years ago, poloniex is big exchangers but now people looking and trust on binance as biggest exchangers. But i think Poloniex could be big exchangers again because poloniex have a good history


Title: Re: Poloniex will become great again!
Post by: okour999 on June 12, 2019, 06:50:59 AM
Poloniex is in the top exchanger so it's good to say that poloniex exchanger is also one of the most beautiful exchangers but it is better to say if legion is poloniex and large volume of trading.


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 12, 2019, 11:18:02 AM
Poloniex is like Bittrex, they are based in the US and the US is currently drafting and offers many rules for crypto. Most recently, information that Bittrex prohibits US users from trading some altcoin on its service
In the US. And US-based exchanges, I believe. The US has biggest economy in the world, and most of biggest companies are US-based. They are trustworthy, and have stable growths. In general, I believe when US law on crypto comes to nearly mature, US-based crypto exchanges will become great again. Poloniex, is one of US-based biggest exchanges, will become great again! All we need now is waiting for the finish of laws on crypto and cooling period in US, crypto exchanges in that nation will have better environment to grow.


Title: Re: Poloniex will become great again!
Post by: Ferris419 on June 12, 2019, 10:05:36 PM
I did a little trade in Poloniex but I liked this exchange! But by getting their customer service, I moved away from this exchange! What a great day we passed through these exchanges! And now Coinmarletcap's top rank's are held by the fake volume shit exchanges! Poloniex, Bittrex, Bitfinex, Kucoin should come into the top 20 exchange short list. However, I left Poloneix and I forgot it, but by reading you I feel good that they are working well to become the big exchange again!


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 13, 2019, 03:37:39 AM
I did a little trade in Poloneix but I liked this exchange! But by getting their customer service, I moved away from this exchange! What a great day we passed through these exchanges! And now Coinmarletcap's top rank's are held by the fake volume shit exchanges! Poloneix, Bittrex, Bitfinex, Kucoin should come into the top 20 exchange short list. However, I left Poloneix and I forgot it, but by reading you I feel good that they are working well to become the big exchange again!
It is Poloniex, not Poloneix. Please type its name correctly next time. I can not disagree with you that we don't need to see fake-volumed exchanges. Today, Poloniex has ranked at the 76th position on coinmarketcap's Exchange Ranking (based on adjusted volume), there (https://coinmarketcap.com/rankings/exchanges/). However, the position of Poloniex is 86th in Cryptocurrencies Exchange Ranking (based on Reported Volume). The statistics present the fact that Poloniex has fastly sliden over the top exchanges over last two years.
https://i.imgur.com/pqiWRCw.png
https://i.imgur.com/7D453Qp.png
https://i.imgur.com/WQdydEl.png


Title: Re: Poloniex will become great again!
Post by: shaheer001 on June 13, 2019, 06:43:51 AM
Poloniex is no doubt trusted exchange and have some good features like margin trading but i thing that is not good in my point of view that is no withdraw without KYC, there should be some limit of non verified members to withdraw but poloniex has very strict and kyc is must for withdrawing fund.


Title: Re: Poloniex will become great again!
Post by: TWW on June 13, 2019, 06:50:38 AM
Poloniex is no doubt trusted exchange and have some good features like margin trading but i thing that is not good in my point of view that is no withdraw without KYC, there should be some limit of non verified members to withdraw but poloniex has very strict and kyc is must for withdrawing fund.
this is an exchange platform. I think it's natural that they ask for KYC for each of their members. as if you register for an account with the bank. You must provide several documents to become a member of the bank. don't feel made difficult for your KYC.


Title: Re: Poloniex will become great again!
Post by: labenea on June 13, 2019, 07:12:41 AM
what is certain is that it all depends on how the team in managing their project includes poloniex. even most cryopto users also use their exchanges for trading. so it's no wonder that poloniex will be amazing again


Title: Re: Poloniex will become great again!
Post by: BayAngelo on June 13, 2019, 08:31:00 AM
i think i love the new graphics. there are lots of updates on there platform so far. they need to introduce a coin to support fees and maybe promote dividends. i have been trading with poloniex for over 2 years and it happen to be my first exchange.


Title: Re: Poloniex will become great again!
Post by: Dr.Osh on June 13, 2019, 08:56:36 AM
Poloniex is no doubt trusted exchange and have some good features like margin trading but i thing that is not good in my point of view that is no withdraw without KYC, there should be some limit of non verified members to withdraw but poloniex has very strict and kyc is must for withdrawing fund.
well, poloniex used to be a very popular exchanger. however, as time went on, that changed. well, I've never traded there. however, if its popularity returns, I think there will be very many people returning to trade there. especially if poloniex can compete with binance.


Title: Re: Poloniex will become great again!
Post by: Dellosoft on June 13, 2019, 09:16:02 AM
Poloniex was one of my favorite exchanges way back but it lost its shine. I remember when glitches started sprouting and crypto enthusiasts started complaining. I really hope it becomes great again, nice piece.


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 13, 2019, 10:07:17 AM
that is not good in my point of view that is no withdraw without KYC, there should be some limit of non verified members to withdraw but poloniex has very strict and kyc is must for withdrawing fund.
Strict or not, it depends on your perspective, I don't argue with you at this point. However, you should remember that KYC is not required by Poloniex. It originally comes from US government laws on crypto exchanges. The fact is Poloniex is a US-based crypto exchange, so it has to obey US laws on crypto. That is the same with Bittrex, which is another US-based crypto exchange. Believe me, over time, not only US, but also other nations globally will have laws that ask for KYCs on all crypto exchanges.


Title: Re: Poloniex will become great again!
Post by: Iykecollinz on June 13, 2019, 11:24:39 AM
Quite unfortunate this exchange refused to develop, it happened to be my first crypto exchange, I feel sad the owners refused to be in tune with competition, till now there is no known trading app for this, few info about new listing, IEO's and a lot more about recent crypto developments are far from the exchange. Had withdrawn from the exchange as soon as Binance became prominent


Title: Re: Poloniex will become great again!
Post by: blackhawkeye1912 on June 13, 2019, 11:38:05 AM
Good thing that Poloniex has been backed by Godman Sachs which makes Poloniex more potent again. Taking note that traders really want more exchanges to roam around the cryptocurrency industry. With Binance's growing popularity, Poloniex need to step up to catch on.


Title: Re: Poloniex will become great again!
Post by: tabas on June 13, 2019, 11:44:38 AM
Good thing that Poloniex has been backed by Godman Sachs which makes Poloniex more potent again. Taking note that traders really want more exchanges to roam around the cryptocurrency industry. With Binance's growing popularity, Poloniex need to step up to catch on.
There will be a comeback for poloniex? I've known the exchange when I'm quite new to crypto but its glory days were gone but I think they will reclaim it and they will have a better comeback through Goldman Sach's.


Title: Re: Poloniex will become great again!
Post by: rjp55 on June 13, 2019, 12:02:38 PM
I think that train is passed the station.

I mean poloniex and bittrex still are respectable exchanges but i don't see a future they will become top exchanges again.


Title: Re: Poloniex will become great again!
Post by: freedomgo on June 13, 2019, 12:13:15 PM
Good thing that Poloniex has been backed by Godman Sachs which makes Poloniex more potent again. Taking note that traders really want more exchanges to roam around the cryptocurrency industry. With Binance's growing popularity, Poloniex need to step up to catch on.

I am hoping for their success also, it's very risky for us traders that only Binance will dominate the market, we need more bigger exchange so when worst situation comes, we have an option where to trade and this could also create a healthy competition in the market.

There's lots of exchanges now with great volume as Binance, but I'm not using it as I'm not comfortable with them, I just love Poloniex as it was one of the earliest in the crypto space and I have been using it in the early stage.


Title: Re: Poloniex will become great again!
Post by: CryptoIyke on June 13, 2019, 01:38:42 PM
The exchange failed to grow and never adopted the dynamics of the technology market, they still depended on their traditional exchange, Binance has already given them a run and lot of other older exchange, it is their choice to wake up. Poloniex was my first too but I do no longer remember them


Title: Re: Poloniex will become great again!
Post by: Metall303 on June 13, 2019, 01:42:13 PM
The exchange failed to grow and never adopted the dynamics of the technology market, they still depended on their traditional exchange, Binance has already given them a run and lot of other older exchange, it is their choice to wake up. Poloniex was my first too but I do no longer remember them
I think everyone has already forgotten them. after poloniex was bought out by a large campaign associated with US banks, many users simply left this exchange and took their money from it


Title: Re: Poloniex will become great again!
Post by: ethereumhunter on June 13, 2019, 01:43:14 PM
It is hard for poloniex to raise its glory, but it's always possible to get it back. But poloniex has a lot of things to do to get more member like before. I think right now, poloniex trying to list IEO project in their site like what binance and bittrex did so they can refresh the lists with potential coins and they can also attract more traders to come back to their site.


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 13, 2019, 01:43:55 PM
I am hoping for their success also, it's very risky for us traders that only Binance will dominate the market, we need more bigger exchange so when worst situation comes, we have an option where to trade and this could also create a healthy competition in the market.

There's lots of exchanges now with great volume as Binance, but I'm not using it as I'm not comfortable with them, I just love Poloniex as it was one of the earliest in the crypto space and I have been using it in the early stage.
It is exactly that we don't need to see Binance dominates the crypto market, from exchange tradings to margin tradings, from centralized to decentralized exchanges. I am very familiar with Poloniex, but as your raised above there are more reputable old exchange, not only Poloniex, such as Bittrex. However, between Poloniex and Bittrex, I would prefer to trade on Bittrex, mainly because Poloniex gives margin tradings. The exchange's simple design of Poloniex is another component I like.


Title: Re: Poloniex will become great again!
Post by: binhvo1505 on June 13, 2019, 02:12:03 PM
I have seen these news and there are still many people who still use Poloniex. I think they should launchpad settings like Binance to attract more traders and investors.
As you can see, Binance constantly offers successful projects and helps many investors to be profitable. After that, they trusted and loved Binance more and always bought many BNB coins in the past.


Title: Re: Poloniex will become great again!
Post by: Nezerlan on June 13, 2019, 02:48:59 PM
Poloniex was the cryptocurrency exchange of choice when I first started venturing into crypto. Almost all tutorials recommended it back then. Their problem started when they took too long to verify users who perform KYC. So I switched to Bittrex. Bittrex problem now started at the peak of the bull run when new users were unable to register on the exchange. Those users eventually went to Binance. Bittrex hasn't recovered from it till date


Title: Re: Poloniex will become great again!
Post by: proTECH77 on June 13, 2019, 02:53:52 PM
Poloniex was the cryptocurrency exchange of choice when I first started venturing into crypto. Almost all tutorials recommended it back then. Their problem started when they took too long to verify users who perform KYC. So I switched to Bittrex. Bittrex problem now started at the peak of the bull run when new users were unable to register on the exchange. Those users eventually went to Binance. Bittrex hasn't recovered from it till date

Yes, i was a fan of Poloniex back in those days but unfortunately something happened along the line that distant me from be part of the exchange. It was after that event that i switched to a better exchange which is now known as the most famous exchange in the world(Binance Exchange). Poloniex would have been among the best if not their KYC.


Title: Re: Poloniex will become great again!
Post by: eaLiTy on June 13, 2019, 03:08:34 PM
Perhaps this is the factor why poloniex not like years ago. Years ago, poloniex is big exchangers but now people looking and trust on binance as biggest exchangers. But i think Poloniex could be big exchangers again because poloniex have a good history
Poloniex was the biggest exchange a few years back and the reason for them to piss off their user base is simply because as more coins are being listed and the user base started growing they could not handle everything and the amount of pending issues was growing on a daily basis, some people missing their coins after depositing them and the time it takes to withdraw the coins were really high and you will not hear from their customer care for weeks and those things pushed the users to other exchanges and during that time binance was launched and they took over the number one position in a short period of time.
I had issues with them in the past and it took three weeks to get the coins and i never visited them since, there are a lot of exchanges in the market and if some exchange is giving a better service than the rest, sure they can be number one again.


Title: Re: Poloniex will become great again!
Post by: siorapokk on June 13, 2019, 03:45:56 PM
Poloniex was an awesome exchange, but as soon as Binance has entered the market space, I nearly forgot about Poloniex. Hope they are going to increase their user base, integrate some more new features and at the end are going to be on top again.


Title: Re: Poloniex will become great again!
Post by: CryptoAlphaStar on June 13, 2019, 04:07:09 PM
I think that Poloniex was one of the early crypto exchanges, but it already lost the race with Binance and Coinbase. It will be very hard to catch up, unless some new breakthrough technology is implemented by the Poloniex team.


Title: Re: Poloniex will become great again!
Post by: Grishanya1234 on June 13, 2019, 05:36:55 PM
I believe that Polonex now has every chance to compete with major exchanges since in recent years the project has really added to the development and upgraded its trading system and soon we will see an influx of new users.


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 13, 2019, 10:09:00 PM
Poloniex was the biggest exchange a few years back and the reason for them to piss off their user base is simply because as more coins are being listed and the user base started growing they could not handle everything and the amount of pending issues was growing on a daily basis, some people missing their coins after depositing them and the time it takes to withdraw the coins were really high and you will not hear from their customer care for weeks and those things pushed the users to other exchanges and during that time binance was launched and they took over the number one position in a short period of time.
I had issues with them in the past and it took three weeks to get the coins and i never visited them since, there are a lot of exchanges in the market and if some exchange is giving a better service than the rest, sure they can be number one again.
I experienced that period, but I only experienced delay of deposits or withdrawals. Coins missed on Poloniex, I have never exprienced such things. I agreed that during that period, Supports on Poloniex was terrible, then Bittrex took over Poloniex, and after months later Binance surpassed both Bittrex, and Poloniex. For delayed deposits, or withdrawals, that partially came from terrible issues of Bitcoin and Ethereum networks during that period. Most of exchanges had to consolidate their customers withdrawals into each batch to reduce transaction fees. Of course, there were other issuess with other coins, not only BTC and ETH.
By now, everything (or most of major things) solved, and Poloniex has smooth trading operations, as well as fast customer supports. KYCs verifications passed by their team so fastly.


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 13, 2019, 11:36:09 PM
Update:

The CCXT certification is another successful step to build up stronger security on Poloniex platform and bring better experience as well as security to Poloniex users. Due to latest CCXT certification, Poloniex've made updates on Strutural API, that you can see below and hyperlinks.
Poloniex partners with CCXT on API, gives traders an edge (https://medium.com/circle-trader/poloniex-partners-with-ccxt-on-api-gives-traders-an-edge-bca597fc9184?sk=ba28c711bd1c1d6d3d879fca54cfe0d0)
CCXT Certified
The Poloniex API has received CCXT certification, attesting to its quality and trading functionality. Learn more about CCXT and the recent upgrades we’ve made to the API.
Posted by The Poloniex Team at 2019-06-13 14:52:37

CCXT has the largest open-source library for programmatic crypto traders. This certification and partnership reflects our dedication to offering a world-class API and working with open source communities.

Check out the CCXT library on GitHub.

We’ve made a number of structural API updates based on extensive conversations with our customers and have a lot more planned. Stay tuned!

Check out the Changelog in our API documentation to see recent updates
https://docs.poloniex.com/


Title: Re: Poloniex will become great again!
Post by: gendang_cinta on June 15, 2019, 05:43:44 PM
I believe that Polonex now has every chance to compete with major exchanges since in recent years the project has really added to the development and upgraded its trading system and soon we will see an influx of new users.
with all the things that have been done by the team from Poloniex, in my opinion, the project deserves to develop because for me there is no futile effort so I believe that the Poloniex team really is serious in developing its projects by doing so many ways that the project can succeed.


Title: Re: Poloniex will become great again!
Post by: Kulkhan on June 15, 2019, 06:05:54 PM
I Think Poloniex Will Come Back his previous place. Poloniex is biggest and more trusted exchanger. It played great performance in 2017. I am also a treader of poloniex. Poloniex is my Favourite Exchanger . It will be great again there has no doubt .


Title: Re: Poloniex will become great again!
Post by: ashmodeus on June 15, 2019, 07:08:39 PM
with all the things that have been done by the team from Poloniex, in my opinion, the project deserves to develop because for me there is no futile effort so I believe that the Poloniex team really is serious in developing its projects by doing so many ways that the project can succeed.

what u mean project exactly ?
even this a one of the oldest exchange on crypto market history.
it's is a company, not project like u know recently.


Title: Re: Poloniex will become great again!
Post by: shakesbear on June 15, 2019, 07:18:49 PM
It's been over a year since I left poloniex, and I don't regret it yet, I don't even know what they need to do to get me back, most likely others have to screw up.


Title: Re: Poloniex will become great again!
Post by: Pagri on June 15, 2019, 07:33:16 PM
I do not know if Poloniex can return to occupy a relevant place in the market in the near future, because unfortunately Binance has become a dominant monster that seems to devour everything, and a lot of good quality exchanges have appeared that seem to offer better features than Poloniex, however, I believe that one of the great advantages that will allow it to continue gaining customers is that it has been able to survive over the years, adapting successfully to the constant demands of the market, which I believe has made it a mature and reliable exchange, worthy to recover some of its previous leadership.


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 16, 2019, 06:04:05 AM
Reputation need time to build up and can be destroyed within very short period. Poloniex has survived over years, especially when it was hacked years ago. I don't say Poloniex made appropriate things back in 2017 and early months of 2018, but after Circle stepped in and became owner of Poloniex, things changed. It will be a long journey, that takes a long period, for Poloniex to reconstruct their platform, services, and features to attract traders back.
There is a minor update on recent Margin Lending Pool Loss Payment.
Initial Poloniex Margin Lending Pool Loss Payment:
Customers affected by last week's generalized margin lending loss have received a first deposit representing roughly 10% of the generalized losses recognized. To view your payment, log in and go to “Balances” >> “History”. You can find more details here.

Our teams will continue working to recover the remaining funds from defaulted borrowers as well as explore other alternatives for making all impacted lenders whole.
Posted by The Poloniex Team at 2019-06-14 21:14:59
More details are here: BTC margin lending pool loss update: 1st BTC margin lending pool loss payment delivered today (https://medium.com/circle-trader/btc-margin-pool-lending-loss-update-1st-btc-margin-lending-pool-loss-payment-delivered-today-c47f5e188c45?source=friends_link&sk=09060a7b8ed68bf4bd9a860f8bb73899)


Title: Re: Poloniex will become great again!
Post by: cak imin on June 16, 2019, 06:06:34 AM
It's been over a year since I left poloniex, and I don't regret it yet, I don't even know what they need to do to get me back, most likely others have to screw up.
for some reason, perhaps because of the popularity of binance which made many traders now enliven the binary exchange rather than poloniex. whereas in the past this exchange was really popular, and had a lot of trade.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Pom_bensin on June 16, 2019, 06:19:28 AM
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.
Poloniex should be one of the exchanges that can compete with binance, I have read articles about poloniex if it is very difficult for a koi to be traded in Poloniex because it must meet the qualifications. I hope that Poloniex will become a big exchange that attracts many people.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Free1bitco.in on June 16, 2019, 06:23:06 AM
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.
Poloniex should be one of the exchanges that can compete with binance, I have read articles about poloniex if it is very difficult for a koi to be traded in Poloniex because it must meet the qualifications. I hope that Poloniex will become a big exchange that attracts many people.
well, I'm waiting for that to happen. poloniex is indeed a great exchanger. however, I think, because of the rigors of competition, it's back to back. however, currently the potential for poloniex to rise again is very large. it's just that, we know that binance has become a popular exchanger now, and it's difficult to operate with it.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: robaya on June 16, 2019, 08:15:02 AM
well, I'm waiting for that to happen. poloniex is indeed a great exchanger. however, I think, because of the rigors of competition, it's back to back. however, currently the potential for poloniex to rise again is very large. it's just that, we know that binance has become a popular exchanger now, and it's difficult to operate with it.
if Poloniex wants to take back their traders and investors who have left. I think it needs some events they have to do. especially to tie and attract old members who have long been inactive. I think there are many ways for that.


Title: Re: Poloniex has been on it's journey to become great again.
Post by: Little Mouse on June 16, 2019, 08:58:32 AM
well, I'm waiting for that to happen. poloniex is indeed a great exchanger. however, I think, because of the rigors of competition, it's back to back. however, currently the potential for poloniex to rise again is very large. it's just that, we know that binance has become a popular exchanger now, and it's difficult to operate with it.
if Poloniex wants to take back their traders and investors who have left. I think it needs some events they have to do. especially to tie and attract old members who have long been inactive. I think there are many ways for that.
Poloniex has already some bad reputations and I don't think in anyway they will be able to bring back old members and establish themselves in the market at the top.


Title: Re: Poloniex will become great again!
Post by: kodtycoon on June 16, 2019, 11:31:26 AM
not sure about this because many people have been disappointed on this platform and in the meantime many other platforms have been far better when poloniex got a problem. so in my opinion it's difficult to build trust from the start again because many people have been disappointed with the various problems they have experienced


Title: Re: Poloniex will become great again!
Post by: okour999 on June 16, 2019, 01:15:28 PM
I can say that poloniex is pretty good and its volume and trading are great and their support is quick to answer and only the withdrawal fee is small and their exchanger is secure.


Title: Re: Poloniex will become great again!
Post by: PuertoLibre on June 16, 2019, 02:11:22 PM
Poloniex still has great opportunities for making new arbitrage deals with other exchanges. The main problem is it is US based and it will be a problem for new traders that don't like to give away the personal documents for avoiding the trouble with KYC team of exchange.


Title: Re: Poloniex will become great again!
Post by: digitalblock on June 16, 2019, 05:26:34 PM
I do not see this coin in the future in the leaders. Since stronger projects will be able to suppress the pricing policy of the project.


Title: Re: Poloniex will become great again!
Post by: Barbut on June 16, 2019, 05:34:37 PM
I do not see this coin in the future in the leaders. Since stronger projects will be able to suppress the pricing policy of the project.

Poloniex is not a coin, it`s exchange!

I use that exchange for a long time, but when they asked me for KYC I withdrew all my coins from there. Now I`m mostly active on the Tron network, easy to use, and on the Idex market. I don`t know will they be great again, I`m not going back there. I think the future is in decentralized dapps, not in a centralized exchange service`s.


Title: Re: Poloniex will become great again!
Post by: mr_random on June 16, 2019, 05:40:34 PM
I do not see this coin in the future in the leaders. Since stronger projects will be able to suppress the pricing policy of the project.

Poloniex is not a coin, it`s exchange!

I use that exchange for a long time, but when they asked me for KYC I withdrew all my coins from there. Now I`m mostly active on the Tron network, easy to use, and on the Idex market. I don`t know will they be great again, I`m not going back there. I think the future is in decentralized dapps, not in a centralized exchange service`s.
Poloniex forces all traders to get verified if they want to continue with trading on Poloniex exchange. Future is in the decentralized platforms but just a few percentages of real traders use the DEXs. Included me we are most familiar with the centralized exchanges.


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 19, 2019, 08:26:36 AM
Poloniex forces all traders to get verified if they want to continue with trading on Poloniex exchange. Future is in the decentralized platforms but just a few percentages of real traders use the DEXs. Included me we are most familiar with the centralized exchanges.
You should say more correctly, that: "US government forces US-crypto exchanges to ask for KYCs on their customers. It is fair enough for Poloniex and their KYC requirements on their customers. Bittrex, is another US-crypto exchange has to force their customers to do KYCs due to US government's laws. You can stay on Poloniex or more to other exchanges, it's your choice, but Poloniex has no option with KYC requirements because it is US-based exchange.


Title: Re: Poloniex will become great again!
Post by: DarkIT on June 19, 2019, 08:36:24 AM
I do not see this coin in the future in the leaders. Since stronger projects will be able to suppress the pricing policy of the project.

Poloniex is not a coin, it`s exchange!

I use that exchange for a long time, but when they asked me for KYC I withdrew all my coins from there. Now I`m mostly active on the Tron network, easy to use, and on the Idex market. I don`t know will they be great again, I`m not going back there. I think the future is in decentralized dapps, not in a centralized exchange service`s.
Poloniex forces all traders to get verified if they want to continue with trading on Poloniex exchange. Future is in the decentralized platforms but just a few percentages of real traders use the DEXs. Included me we are most familiar with the centralized exchanges.
yes. I think Poloniex is a little hard on its users. however, this might have something to do with the regulations in the country they occupy. well, maybe if Poloniex returns to developing their market again, I think Poloniex can be great again as it used to be.


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 19, 2019, 08:36:59 AM
Update:

Finally, the TrollBox has brought back to Poloniex users.
The ’box is back!
Trollbox — the legendary community forum — has returned. Join the conversation to discuss all things crypto. There are three easy steps to activate Poloniex's Troll Box.
Posted by The Poloniex Team at 2019-06-18 15:00:44
If someone who don't know how to use Troll Box ::), there are some images that will help you to activate your Troll Box.
https://i.imgur.com/5iVnXd1.png https://i.imgur.com/ZPwmeNG.png https://i.imgur.com/tLkqjXB.png https://i.imgur.com/j398GEW.png



Title: Re: Poloniex will become great again!
Post by: ivaf on June 19, 2019, 02:24:14 PM
And I like the Poloniex exchange. For me, it is simple and convenient, and was so, even when I got there for the first time. At that time I didn’t even know how to trade :)


Title: Re: Poloniex will become great again!
Post by: john_nautica on June 19, 2019, 02:31:56 PM
Poloniex was once a big market but now it is being taken over by binance. maybe if poloniex can shift binance it will make the king of exchange in the crypto world and it can provide a good price for the coins in it.


Title: Re: Poloniex will become great again!
Post by: CryptoIyke on June 19, 2019, 02:40:18 PM
This used to be my favorite exchange, infact it was the first crypto trading exchange I ever used and I had to link with my tab trader with API, was surprised it went down and Binance took over its popularity. So far it appears they are working and doing a lot to bring back their lost glory. At least having and android app is one of such


Title: Re: Poloniex will become great again!
Post by: flowdon on June 19, 2019, 02:41:59 PM
i didnt try this kind of market. and having a troll box maybe its kinda noisy when they hyping their believing coins. i must try this maybe if have enough time. for now reading something about poloniex its quite interesting.


Title: Re: Poloniex will become great again!
Post by: localcrypto on June 19, 2019, 02:50:26 PM
With all the new developments and good trading volume and new management we can expect Poloneix to gain momentum again in the market


Title: Re: Poloniex will become great again!
Post by: kidoseagle0312 on June 19, 2019, 02:51:45 PM
It will only become great again if US country will revoke the crypto banning to their territory.
But if they remain banned crypto to their country, I think there's no chance for Poloniex to become
great again in the market. But this was just base on my opinion only.  


Title: Re: Poloniex will become great again!
Post by: thd26bct on June 30, 2019, 11:59:56 AM
Update:

Poloniex is the first exchange supports Cosmos staking, but it is available for non-US customers.

https://miro.medium.com/max/700/1*YvLl9Jk-IeFyx_bub7jsyg.png  https://pbs.twimg.com/media/D-P8nPCW4AI2KoO.jpg:large

Cosmos Staking is Live
We’re excited to be the first exchange to offer you Cosmos staking with no lock-up period (non-US customers only). Simply hold ATOM on Poloniex and you’ll be automatically credited with Cosmos staking rewards in your account each day. Because there is no lock-up period, you are able to trade your ATOM freely while generating staking rewards, and you can withdraw at any time. Deposit ATOM and start earning now! For more information, please see our announcement and Help Center FAQ.
Posted by The Poloniex Team at 2019-06-28 18:15:47

The first daily @cosmos staking reward distribution has been made! 352 $ATOM have been distributed to eligible non-US customers.

Learn more here: http://ow.ly/SQUD50uPJXN

Cosmos staking is live!

Simply deposit @cosmos $ATOM to Poloniex and begin earning daily staking rewards today! With no lock-up period, you’re free to trade and withdraw anytime (non-US customers only)


Title: Re: Poloniex will become great again!
Post by: wesk1212 on June 30, 2019, 12:05:28 PM
I have a feeling that Binance has flooded everything and there is not enough room for Poloniex.  but still, I think healthy competition is good and if there is a demand in this area, it’s still a bit of a piece and the floor goes to Poloniex.


Title: Re: Poloniex will become great again!
Post by: defyance on June 30, 2019, 12:40:43 PM
I've never used poloniex, but when I entered crypto is used to be a good exchange. Now I don't know any reason to trade on poloniex, because binance does existing.


Title: Re: Poloniex will become great again!
Post by: MMA Rats on June 30, 2019, 07:42:45 PM
I've never used poloniex, but when I entered crypto is used to be a good exchange. Now I don't know any reason to trade on poloniex, because binance does existing.
I started to trade on polonex, this exchange has gotten a little worse in time, but now it shows signs of recovery, I think it will regain its fame