it's unnerving, alright. it's just "Awaiting Approval" and "missing withdrawal" and "unanswered ticket" over and over. hundreds and hundreds of them. if you look at peoples' screenshots, small withdrawals seem to be approved instantly, but even marginally larger amounts (like 5-10 ETH) are being flagged for manual approval. that's a really bad sign to me. again, it could be just bad engineering and a lack of support resources, but that enough is alone to not expose yourself to this exchange. and it could be a lot worse.

unfortunately, my desire to get out of poloniex a couple months ago (and i did) further exposed me to losses at btc-e. it's a real crapshoot out here.

i would certainly hope that most of their crypto is in cold storage. but for one thing, talk is cheap, and for another thing, that doesn't cover all security risks. for example, who has access to the cold storage? nothing is 100% fail-safe.

yeah, using any exchange is a risk....some bigger than others. the unregulated fiat exchanges like bitfinex and kraken are at additional risk because they are unlicensed MSBs. so are poloniex and bittrex, but at least they don't process fiat money. among the exchanges mentioned here, poloniex definitely seems particularly risky given the circumstances. their new terms said something like "no class actions in case of loss" (i.e. like gox) and "you can only sue us from massachusetts, USA in case of loss".... that doesn't sound encouraging to me.

check out the poloniex reddit: https://www.reddit.com/r/PoloniexForum/

the entire front page is filled with horror stories posted in the last day about poloniex. stuck deposits and withdrawals, frozen accounts for months, etc. i thought it would improve after the altcoin boom from may and june subsided, but it seems that problems are just getting worse.


it's anybody's guess at this point. their recent change of terms and cryptsy-like behavior suggest this is possible.

i'm now hearing so many of these complaints across different mediums, that i'm now becoming very concerned that this is cryptsy 2.0. this time, way more money is on the line.


exchanges do this for days and weeks on end without making any effort to begin resolving the situation. i received 3-4 such boilerplates over 7-8 days from coinbase the last time i had an issue. when a real person finally responded, they basically ignored my emails and were obviously still referring to a templates of boilerplate answers.

from the sound of peoples' recent experiences at poloniex, it could take weeks to resolve even this small deposit situation. if it gets resolved at all.

it's just the expected talk from crypto holders on btc-e, same as there was from USD holders on bitfinex last year. holding any assets on a centralized exchange is obviously a risk, because any event like this (including a hack of crypto wallets) can make an exchange insolvent. everybody just wants to lose as little as possible. the fact is that this is somewhat of a force majeure, and some effort should be made by btc-e to minimize losses for all.

there is also the question of the BCH.....any word on that? they should certainly be adding markets for that, and adding it to the basket of coins.

i'm really glad the situations were resolved. i had my doubts there for a minute. still, this experience indicates that bitstamp is getting very serious about regulatory compliance. i would be very careful about sending coins there, particularly coins that could be tainted.

even if i had a legit paper trail to show that funds are legitimate at all times, i wouldn't want to have funds tied up for days, weeks or months because of their AML compliance checks. the fact is that i can't necessarily show a good paper trail for a good deal of my funds (trading, gambling, giveaways, etc. all moved around from the same wallet), so those funds can't be deposited to stamp or GDAX...

one person lodging this complaint, i could maybe write off. now two old hands are complaining of withdrawals blocked and complete radio silence from stamp. i hate to say it, but i think this is the case:


this is the most reasonable explanation for the silence. what i'm worried to find out ... aside from Kn_os with the withdrawal out and directly back in due to the august 1 fork, have you guys deposited bitcoins into your account before? or only fiat?

between the regulated exchanges like stamp and GDAX being super compliant, and blockchain analysis companies getting more and more sophisticated, i don't like the direction we are heading in.

i've been hearing this a lot lately. i have a friend who has a zcash withdrawal pending for nearly 2 weeks now. this seems really unacceptable to me.

i know that some users report that they are having no issues at all, but the sheer number of complaints recently should worry anyone. this could be a cryptsy situation building if more and more users start complaining about stuck withdrawals.

i'd get out now if you can. not trying to be alarmist, but better safe than sorry...

yeah it could only support pegged coins (which expose you to third party risk anyway). and the other thing is, like openbazaar, no one wants to download a desktop client. they'd rather use their browser (which of course requires centralization).

no easy answers here when most of the liquidity prefers to use well-branded, centralized exchanges with thick order books and good trading engines.

indeed. while the argument can be made that enforcing verification could help reduce their obligations, big fish and darknet people will just get fake documents. i'm hoping they are talking about tiered KYC, like most altcoin exchanges, where you can still withdraw at least some minimal amounts with very minimal info (name, address).


surprisingly, i've come across a bunch of people (mostly in eastern europe and former CIS countries) that said they would continue trading there.

at this point, there is nothing to do but wait and hope. since the DOJ basically called its customers criminals and said the exchange itself is a criminal enterprise, it's very unlikely there will be a claims process for customers to try to recover funds from the US government.

there is a small chance that btc-e will relaunch and/or make partial refunds, based on the funds (mostly crypto) they still have access to. you can keep up with their updates by following their bitcointalk or twitter accounts: https://bitcointalk.org/index.php?action=profile;u=33012

what do you think they mean by KYC? everyone has to send documents? or tiered like kraken or poloniex (example first tier: name, address, email and maybe phone number for limited withdrawals)?

the biggest problem with their proposed distribution is sticking people with novacoin. it's a shitcoin that isn't traded anywhere else, really. no liquidity in that market, nor much for peercoin or namecoin. so people who receive those coins may get really shafted.

i prefer bittrex to poloniex for altcoins, for sure. polo has better UI, but bittrex's API and trading engine are solid, and importantly, they actually add new coins. poloniex rarely adds new coins anymore.

plus, there is a mounting pile of complaints about unanswered support tickets, missing withdrawals, and things like that at poloniex, so i would be wary of holding much funds there right now. i'm concerned there is a cryptsy-type situation going on there.

i'm getting pretty worried about the situation at poloniex. it was one thing back in may or june, when hype was at its peak and they must have been overwhelmed with customers. but i keep hearing that everyone is moving to bittrex or other exchanges due to missing deposits, stuck withdrawals and mounting general complaints about unanswered tickets.

you would think by now that they would be clearing through the backlog of support issues, but it seems only to get worse each month that goes by. be very careful with polo...

i don't think so. tether already can't be redeemed for USD anymore because bitfinex's banking is blocked to most of the world. they are basically just play tokens now. people don't care because of the ongoing crypto hype/bubble, but at some point, it will become a real problem. issuing a new token that isn't redeemable for real money isn't a solution for that...

i don't think they are trying to ban it, but yes, they want to regulate it. and when the US wants to regulate something, it means punishing unregulated entities. i'm sure this is why bitstamp and coinbase started obtaining licensing and implementing harsh KYC measures starting years ago. they were smart enough to see this coming and are likely safe from this mess. i'd be worried about keeping funds on bitfinex after what's happened at btc-e (even if you weren't already worried given the hack last year).

hi all,

i wanted to download a few altcoin wallets to take advantage of some airdrops. but i wanted to use a virtual pc with networking disabled as an extra layer of protection in case one or more of these wallets turns out to be malicious.

my main issue: i have a windows 7 with working windows xp virtual machine. but dumb old me can't seem to figure out how to transfer files (e.g. from the host machine) to the virtual pc. it used to be drag and drop prior to windows 7. it seems they've disabled drag-and-drop functionality. i'm trying to avoid setting up file sharing/networking.

any pointers or advice on another route to take? i don't have too many coins exposed on this machine, but i'd rather be safe than sorry.

they weren't hosted by cloudflare. that was just for DDOS protection services. they have nothing to do with the exchange's datacenter. i don't think it's public information where the seized servers were. and the seized servers may have just been running scripts to yet another remote server. we really don't have enough information to opine one way or the other on how intelligently they set up their infrastructure.

i just noticed this thread today. can someone just tell me whether i'm going to get default negative trust for advertising enjin?

i've read the allegations. pending the hangout, the only issue is the deletion of posts from a moderated thread. i don't have the time or energy to read through all of the ANN thread to determine if the deleted posts were, in fact, repetitive and/or trolling. it seems that, regardless, all questions regarding enjin's traffic were adequately addressed. thus, i don't believe this warrants a scam accusation or negative trust (unless you take the position that all ICOs are scams and deserve such). i am also still comfortable advertising the ICO based on this. but i will remove my signature immediately if cryptodevil says so because he can ruin all of our reputations, permanently, based only on his say-so and regardless of any evidence. it seems like that is probably what he plans to do here, and no one on this forum will stop him, so i won't get in the way.

so, if cryptodevil could simply clarify what his plans are.....? that would be nice. hopefully you'll at least give the signature advertisers a PM and a day or two to remove the signature before you neg trust them at least, as a courtesy?

sorry, i wish i had an answer for you, but i'm not aware of a standalone USDT wallet. but i had to comment: you may have control over your keys in this situation, but you still have full exposure to bitfinex. tether and bitfinex are owned by the same company and are suffering from the same banking problems. if anything happens to bitfinex, that USDT might become worthless overnight. so you are not safe from third party risk at all.