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281  Economy / Exchanges / Re: Poloniex's taking money from its customers to cover its loss on: August 14, 2019, 01:57:11 PM
Sad news: the media are against us!

I created a new topic about this subject:

https://bitcointalk.org/index.php?topic=5175519.0

Both Coindesk and Cointelegraph are giving fake news about Poloniex paying back what it stole. It's simply not true.
282  Bitcoin / Bitcoin Discussion / Coindesk & Cointelegraph give Fake News on: August 14, 2019, 01:44:19 PM
This is worrying because investors need good information and 2 leading crypto websites aren't delivering. I guess they don't have any journalists. They receive press releases, they send them to a guy in Asia (they probably found him on Fiverr?) to rewrite it somehow, and they publish it without understanding anything.

This is exactly what they did in the following 2 articles:

https://www.coindesk.com/crypto-traders-who-lost-big-in-poloniex-flash-crash-receive-bitcoin-refunds

https://cointelegraph.com/news/poloniex-will-reimburse-135-million-loss-from-clams-flash-crash

I'm a victim here. I've lost more than one BTC in this 1,800 BTC affair, which I explain in this topic.

Coindesk and Cointelegraph are both saying I will get my money back, but I won't, nor will anyone. It's 100% fake news, and Poloniex knows it very well. That's his plan.

What Poloniex has been announcing is that to all people who have had their money stolen, Poloniex offers all trading fees. That sounds like a nice gesture, except that trading fees for a maker is 0.15% at this exchange. As anyone can imagine, to get 1,800 BTC back from a 0.15% fee, that will take a lot of trading... And actually, no trading will happen. Because, as everybody affected, when I discovered that my coins were gone, I quickly withdrew what was left of it. Hey, when you see that your coins disappear, you don't leave them at an exchange you cannot trust!

So Poloniex won't have anything to pay, and that's what Coindesk and Cointelegraph should have they have said, if they had understood anything about the issue, or if they had any will to give good information to their readers.
283  Economy / Exchanges / Re: Coinbase UK drops Zcash on: August 13, 2019, 01:56:41 PM
We knew a fight was coming.

The total privacy of some coins versus the all-regulated, all under the mighty eyes of the taxman, white banking sector.

BTC has been between the two for a while, some day it will have to side with one or another. I favor the dark side.
284  Economy / Exchanges / Re: Poloniex's taking money from its customers to cover its loss on: August 13, 2019, 01:48:13 PM
The more I think of it, the more I find it ridiculous.

Because they must have thought about it. Made their own calculations, and they should have seen that the money they stole was not business as usual to theirs victims who have all withdrawn all their coins from this damned exchange.

They made an announce, but I'm sure they know it would not cost them a dime, as nobody wants to trade with them any longer.

They shall pay back, then we'll talk.
285  Economy / Exchanges / Re: Poloniex's taking money from its customers to cover its loss on: August 12, 2019, 08:49:01 PM
Couldn't find the telegram group - post a link?

The link is on this topic already, don't have the time to look as there's an update.

Or kind of. It's more of a joke.

I've just received an email from Poloniex, and it says that all impacted lenders (that's people like me who were robbed of their savings) will be credited their Poloniex trading fees until their losses are fully recovered.

Free trading!

Well, since the incident, I've stopped all trading and lending at Poloniex and I guess many others did the same thing. I'm not about to go back, and frankly this offer is absolutely ridiculous. I've lost more than one BTC, and trading fee is 0.25% at Poloniex. I would have to trade for years to be credited the same amount Poloniex has stolen from my account.

Sorry guys, but this is no solution.
286  Economy / Exchanges / Re: Poloniex's taking money from its customers to cover its loss on: August 11, 2019, 09:58:26 PM
Well I too was a victim of this debacle at Poloniex.  Have only been re-imbursed 10% so far and am still scratching my head as to how the fuck a company like Circle is still running Poloniex as shadily as it ran before the Circle acquisition.

Why isn't there is class action lawsuit yet?
https://www.theblockcrypto.com/2019/06/06/poloniex-could-leave-itself-open-to-legal-threats-by-socializing-1800-btc-loss/

Perhaps a tweet storm to the following may stir up something?
https://twitter.com/jerallaire
https://twitter.com/psneville

Thanks for joining this topic.

A class action would be nearly impossible because of Poloniex's terms. Litigation is coming, but it's really expensive. Only those who have lost a lot will do it. For the others like me, the best option remains to damage even more this exchange's reputation.

Campaign on Twitter are being done, see the "Poloniex Lending Theft"  group on Telegram to find out the schedule.

287  Economy / Exchanges / Re: Is Poloniex Still Safe to Use in 2019? on: August 11, 2019, 09:53:04 PM
There has been no complain about the site yet, I mean a valid complain or a scam accusation so this site is safe at all.

No complaint?

You don't know what you're talking about. Poloniex has stolen 1,800 BTC from its customers. It's not a scam accusation, it's a well documented fact. And I happen to be one of the victims, so I know what I'm talking about.
288  Economy / Exchanges / Re: Poloniex Verification issues on: August 11, 2019, 09:49:18 PM
Ok, finally my funds have been released by Poloniex! Took a while but I was able to withdraw my funds before shutting down my a/c.

I wish I had been that lucky!
But I wasn't, and I lost more than one BTC, which Poloniex stole from my account.
289  Other / Politics & Society / Re: Using Blockchain to lower healthcare costs. on: August 09, 2019, 09:43:55 PM
I don't see what advantages would a blockchain have, compared to a centrally managed large database of the whole population's medical records.
This is what they have today in countries with national health services.

Would the average Joe gets more control over his records?
290  Economy / Exchanges / Re: Binance hacked again 10k+ KYC (FACEBOOK 2.0 LEAKAGE) on: August 09, 2019, 09:36:50 PM
1/ This is old news!

2/ People should prioritize what really matters: has anyone lost any coin in this affair?

I understand ID theft is a serious problem, but the things a thief can do with a picture of yourself holding your ID is quite limited. What else has been stolen? Credit cards numbers? I'm using Binance from time to time, and after what Poloniex did to me (see my signature), I don't see this as a big issue.
291  Economy / Exchanges / Re: Poloniex's taking money from its customers to cover its loss on: August 08, 2019, 09:40:43 AM
Poloniex is rated at TrustPilot. Usually, I don't give much credit to those ratings, but everything there is true.

https://www.trustpilot.com/review/poloniex.com

Please add your rating if you're another victim like me.
292  Economy / Exchanges / Re: Is Poloniex Still Safe to Use in 2019? on: August 06, 2019, 09:10:39 PM
What screwed Poloniex and Bittrex in the eyes of most was a messy transition to full compliance, though obviously there were other issues too along the way.

Binance has yet to transition to being full anal about KYC but the day is coming. They'd better be conscious of the potential to piss off vast swathes of customers and do their best to deal with it smoothly. Both of those joints offer a salutory lesson.

Yeah, KYC and also the unpredictable way it was handled made me very distrustful of these two exchanges which I used to like using. Binance is OK... for now, but in the coming years, if not months from now FATFA might be enough of a reason to push them into introducing mandatory KYC for every user. I wonder what percentage of their users have verified accounts now that it's the only way to participate in IEOs.

Yes, things are getting worse and worse. Poloniex was one of the last trading places I use to trust, but I can't recommend a single one, now.
293  Economy / Exchanges / Re: KRAKEN HACKED (2 FA & good password), 20k euros lost on: August 06, 2019, 09:08:47 PM
So this is what I receive from Kraken,

I am an user to them, yet when I am hacked they don't help me to know how the hack was done. Terrible

"We have conducted an internal investigation and unfortunately we cannot assist you in recovering these funds as cryptocurrency transactions are designed to be irreversible. For Compliance reasons, any details related to our investigation can only be provided to verified law enforcement. This also includes the release of other sensitive information, such as IP addresses or cryptocurrency addresses.

We would advise you to file a police report and ask the law enforcement official responsible for this investigation to contact us by submitting our Compliance and Legal web form.

Unfortunately we will not be able to provide any further information about this case until we are contacted by a verified law enforcement official."


I'm very surprised with this answer.
First, I think your title is a bit misleading. From what I understand, it is your computer who has been hacked, but I can't understand Kraken's answer. They should be able to give your complete logins and transactions history. No need to be an official. There's something really wrong here.
294  Other / Politics & Society / Re: Why do you still accept FIAT? Why have they not all been hung? on: August 05, 2019, 06:50:54 PM
I sold a car 2 months ago.
I had "BTC accepted" on the classifieds, but nobody proposed to pay me that way.
My buyer paid me cash, I didn't complain.
295  Economy / Exchanges / Re: Poloniex's taking money from its customers to cover its loss on: August 04, 2019, 04:35:52 PM
I put some BTC into lending there in June but it was way past the 6th. By July everything was moved out, it got some gains, but everything went normal.

In the meantime, what better alternatives are there for lending bitcoin?

You were lucky, I know some guys that deposited after the balance deduction, and still got robbed.

You can still lend on Bitfinex, Liquid, Celcius, Nexo...

Bitfinex doesn’t allow US customers. I believe you can lend on all the other platforms you mentioned.

neither of them are from the USA so they're fine. unless things have changed recently, you don't need KYC to do margin lending on bitfinex anyway so i'm sure americans are still sneaking by with VPN.

i would say bitfinex is the only lending market with thick enough order books to justify the default risk. lending anywhere else is straight up crazy. just look at what happened at poloniex---and the other markets are even thinner than polo.

Being a victim here, I should not believe in lending any longer, but I still believe it could work if exchanges were better managed. I mean that there should be no margin trading on small sh*tcoins, that in all cases margin trading should be volume-limited, and that there should be circuit breakers, like on the stock market, where all trading can come to a halt in case of excessive volatility.

Frankly, a lot could be done to make trading and lending much safer that now.
296  Other / Politics & Society / Re: US Congress Hearing on Cryptos on: August 04, 2019, 04:19:12 PM
It was a joke! Come on, they invited Jeremy Allaire, Circle CEO.

This is the guy who has stolen money from its customers at Poloniex, by socializing losses. 1,800 BTC have been stolen from innocent customers. I shall remind everybody here that socializing losses is illegal in the US. He only did it because his US company only has non-US resident customers. And now, to escape US regulations even more, he has just moved his company to a new Bermuda entity.

I believe BTC will get better when the only people talking about it aren't stealing their customers. Especially the people talking at the senate.

Did you lose money there?
It was a long time ago all those people are probably dead or something

Huh
This was less than 2 months ago. I'm not dead yet, but I'm a victim, and we're all alive and kicking, organizing ourselves.
297  Other / Politics & Society / Re: US Congress Hearing on Cryptos on: August 02, 2019, 09:21:21 PM
It was a joke! Come on, they invited Jeremy Allaire, Circle CEO.

This is the guy who has stolen money from its customers at Poloniex, by socializing losses. 1,800 BTC have been stolen from innocent customers. I shall remind everybody here that socializing losses is illegal in the US. He only did it because his US company only has non-US resident customers. And now, to escape US regulations even more, he has just moved his company to a new Bermuda entity.

I believe BTC will get better when the only people talking about it aren't stealing their customers. Especially the people talking at the senate.
298  Economy / Exchanges / Re: Is Poloniex Still Safe to Use in 2019? on: August 01, 2019, 10:13:34 PM
...you can move into another exchange which could make you feel safe.

Make you feel safe, please read the topic before writing BS. Poloniex has stolen 1,800 BTC from its customers, and I'm one of them. You're a mad man if you feel safe using Poloniex. And it will be even worse now that they've moved to Bermuda, where all litigation is impossible.
299  Bitcoin / Bitcoin Discussion / Re: The Senate Banking Committee’s Crypto Regulation Hearing on: July 31, 2019, 09:34:48 AM
Somehow, this has to be Allaire's last trick. Since he has totally failed to convince the community (Poloniex went from the best exchange to the worst), he's no trying to seduce senators, who have probably less tech and crypto knowledge than we do.
300  Economy / Exchanges / Re: Poloniex's taking money from its customers to cover its loss on: July 31, 2019, 09:31:56 AM
I put some BTC into lending there in June but it was way past the 6th. By July everything was moved out, it got some gains, but everything went normal. I didn't knew anything like this was happening, and its quite unprofessional of theirs when its clearly their fault for messing with clam.

If i understand correctly you were taken 16% of your total BTC lending amount and from that only 10% was returned back? And you already gave up and turned to litigation?

I though no American could lend anything there after last December, and i did saw an American account this year distinctly missing the lending tab.


In the meantime, what better alternatives are there for lending bitcoin?

I suggest you give up lending if you're not following the news. You began right after Poloniex stole its customers, at the very moment everybody was leaving, it was a very risky move.
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