Bitcoin Forum

Is everybody thinking Polo is going down and moving their coinage off their site to Bittrex!!? 

There not going down, but you should be keeping your coins in a private wallet and not an exchange.

All the talk about Polo going down got me paranoid!! Moved everything to Bittrex!! I'll have to get a new laptop and install the wallets on there.  I don't trust my current laptop thinking it's got malware from all the downloading I do!!

Well polo has been having a lot of problems lately, and knowing the history (cryptsy, mintpal, cryptorush etc) you can never be too careful. And you should never use an exchange as a wallet anyway, only keep what you're using to trade on an exchange and put everything else in cold storage.

never put your money in one basket,,
keep your coin on your wallet not on exchange,,
and always keep in touch with the latest news from the exchange, as i know polo is doing well, but sometimes they got some DDOS attack and this make the site down,

How do you know that the Poloniex exchange is not going down anytime soon? There’s a large number of Bitcoin Exchanges that were once thought to be popular and maintained good credibility until those places went offline and left with all the people’s coins.

If a website goes down more than once then it would be used with more caution that before because people don’t really want to lose their money when they notice the support from that website.

Maybe others. Because there are some news POLO will be the next scams. So many people lost money in crypto from INVESTMENT,EXCHANGER so every one just be carefully and very smart because this is posible happened. Just to be true all INVESTMENT TRADING AND ALL BITCOINS THAT YOU BE JOINED IS A SCAM. The true plan is scamming people when they get trust from community and they  get scam all.

If you go to /r/CryptoCurrency Im not surprised people leave polo for other reasons...

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I logged in to my Poloniex account and it asked me to read the terms and conditions. I didnt read entirely what the changes is but some people dont like changes and that might have scared them and moved their coins to Bittrex. I'm trying to search for a post in in BCT, maybe someone posted whats the changes and look if theres any reason to be scared off.

I had an ETC deposit on poloniex that got credited after almost 30 days, that was an 8 etc deposit. i have another 1.1 etc deposit that is 23 days and counting. If you're going to make an exchange having people wait for a month to get their money is something you should refrain from doing. I'm not off polo yet but i will be soon.

We cant still say such thing because we cant able to identify if its users are completely jumping in on the other side or just an another way on diversifying their money. Some people do really do such thing which they do making both trades on both sites and never ever put all your eggs on one basket because if one of them will fail you will still have another options.

The answer is YES, since the poloniex has not been able to solve the problem to date, and in history bittrex, trading volume exceeds 60000 BTC in 1 coin, poloniex need to work hard to be able to compete again

...but do you use your laptop for login at exchanges??

If so, it's not much better. Use malwarebyte, it's free and do a really good job cleaning malwares.

Good thing I don't have anything at Polo.

Nope. Polo always comes through for me for 3.5 years almost now. But I would love for some people to leave Polo so things can be more balanced. They were overloaded with people and now it's good to see Bittrex getting some more users. Expect Bittrex to have issues as they grow as well.

I cannot name a single exchange that has not had some connection issues, withdrawal issues, or support issues.

Never keep everything in one place regardless.
Balance between many.

Kraken - Coinbase - Gemini
Poloniex - Bittrex

These are trusted exchanges. Not like non-US exchanges of the past. And not exchanges run by a criminal like Cryptsy was.

Those are the most trusted places as of now.

I am using Bittrex because they have a large volume and it looks interesting, maybe they now realized that Bittrex better than Poloniex

My personal experiences with Poloniex have been nothing but positive over my 3 1/2 years using them fairly regular.

Given the diversity of their user base, recent explosive growth and having to deal with regulatory headaches of being a US based exchange I honestly am amazed they have held it together and continued business as normal with minimal disruptions.

I don't believe Poloniex is going down but their service sure does suck which is why I moved to Bittrex.

I guess whether you believe they are going down or just plain hate their service you will probably move your coins.

True, I don't know that its not going down but I do know that regardless of weather it goes down or not no one should leave any coins on any exchange.

After Btc-e scam people start to lose trust on exchanges again.
I suggest you to use your own wallet with private keys.

yes i think so it's more be safe to use own wallet with private keys, and if there is still time to secure your assets to your wallet.
hope all will be fine so that not many people are harmed and lose their asset.  :)

If you are holder and want keep your coin safest. You should use wallet can keep private key is best choice. Because putting all your funds to an exchange have many risk than split it to more parts, the circumstance as BTC-e can repeat anytime will make you tired, boring.

I don't think poloniex will be shut down but there is a good think that btc-e caused people to diversify your coins between exchanges or offline wallets.

Some of this time polo service is very bad, I decided to withdraw my assets and move them to my wallet.
i do exchange only in the market that has been registered in my country,
i chose to stay away from poloniex due to recent negative comments,
just look at their twitter is full of complaints.

People are loosing trust in centralized exchanges. The future belongs to the decentralized exchange built by BLOCKNET. your private keys never leave your computer:

BLOCK = the first ever truly decentralized coin and token exchange platform.

https://bitcointalk.org/index.php?topic=829576.0

I know this is not at all recommended to keep money in exchanges, but still I have about half a bitcoin there. I doubt it will go down, because it case it will, I can assure you that will be a disaster...

Never used polo and at this stage probably never will. In comparison Bittrex have been far more trustworthy and open about what they are doing, polo have shot themselves in the foot with their inability to scale.

Poloniex is for me better better they have a far greater volume, and for a trader like me, this is the most important thing. They graphic is also simpler and easier to use when compared to the slow T-rex of Bittrex.

I log on using my iPhone!!!

I trust none. There is no difference between poloniex and bittrex for security issues.
But poloniex is still easier to use by mobile phone. And i dont have a better option. So i will continue trading on poloniex till i find a better alternative...

To keep coins on any exchange is always too risky. The best way is keep on your own wallet. I think we need a big decentralized exchange and it's will appear soon.

Yes most of the people I know that are altcoin trading are now moving their coins from Poloniex to Bittrex because they are afraid Poloniex might close down and would bring all their coins to nothing, plus there was a new terms and conditions updated by the site so maybe some caused panic also when that was posted.

Did anyone read the new terms and conditions??  It would be much appreciated if someone posted the short and sweet version of it!!  I just glanced over it quick just before I transfer'd all my coinage to bittrex!! 

I think it is true. The poloniex is the biggest exchange now. But I think it will be replaced by the bittrex since new alt coins are always listed on brittrex. More and more investors choose to buy new altcoins.

Bittrex seems to be more active in terms of adopting new technology, which is good for its customers.

 i admit i was a little bit scared and somehow panicked when polo is down i even promised to myself that if polo comes back it would be my last in their exchange. But after trading in bittrex i have managed to see why i should still use poloniex cause they have insanely low btc withdrawal fee of 10k sats compared to bittrex's 100k (10x lower) and also faster to be confirmed than ttrex i dont why bittrex withdraw should be faster than polo but in my case it is slower.

I ended up panicking and moving everything to bittrex!!!

Bittrex is user friendly, and what you said it's right they will adopt new technologies very quickly, so the investors will show more interest on this site. And last week Poloniex gave the big problem to the investors and traders people are get tensed because of their move. But Bittrex worked fine in that time, and they allowed BCH to trade on the same day when it launched it made many people switch from Poloniex to Bittrex.   

Moved from Polo to Bittrex long ago. Bittrex had more coins in which I was interested.

Since few months i heard that poloniex have some problems.And ptoblems discoverd day by day.I think for this people transfer their coin to bittrex.But its not good and sequre to keep your coin in any exchage.you should to keep your coin in you own wallet.Then you feel free you get more sequerity of your money.

Moved my coins out of Poloniex to my wallet today. Better be safe than sorry.

Just too many rumors lately.

The many negative issues of poloniex also make me anxious and finally I moved all the balance in poloniex to web wallet. I hope poloniex again get the positive trust from consumers.

Moving coins to other exchange will not solve anything. Keep them in your own wallets and if you need to keep them on exchanges, spread them over several exchanges. Not just on Poloniex and not just on Bittrex, but half here and half there.
Poloniex FUD started at their last delisting few Whale pumpers got really annoyed with that and seems dont plan to stop with FUD.

This issue lately is quite alarming to the users. Im at ease because my coins are already in Bittrex. Poloniex should do something about this that will uplift the trusts of their users.

Only 2% of my money are on exchanges. its just a question of time, when Bittrex will the new no 1

I already moved from Poloniex to Bittrex long time ago. They have active support, no downtimes, no lags, more altcoins and licence. I recommend them.

Yes its really already alarming knowing that poloniex is one of the most reputable exchange as of now but they are already losing gradually the trust on most traders who do use their service because of the continuing of issues do arise which is really a frustrating thing from their users and its really normal for people to look always for a better exchange if they are already experiencing problems on a certain thing.

and be the next target of ddos , hacks and fuds. It seems that is getting to be the cycle. Every exchange that is getting on the top is targeted with ddos and hacks. I hope the next no 1 exchange handle this problems gracefully.

Perhaps if POLO was more active in telling its users what is going on people wouldn't jump to their own conclusions and panic!!   ;D

 I do not have any coins in polo. :)

why i would move my coin from poloniex to bittrex? few days ago when i tried to log in my polo account, its show me something new FAQ but i didn't read them fully Because i haven't enough time for That. any one clear me why i will withdraw coin from polo to other exchange?

maybe this is because of the many errors found by many users. Users claim polo to have errors most of them cant seem to provide proof. As a result.. users move their assets.

You really should keep coins on a private wallet snd not an exchange but bittrex is far better than other options. I also love Kraken but theyre limited on the coins they offer.

Ah i wish there was a wallet like myetherwallet for all major altcoins:(

Wait is there one for zcash and bitcoin?