Bitcoin Forum
August 21, 2019, 04:32:23 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 »  All
  Print  
Author Topic: Poloniex = Scam exchange beware.  (Read 36275 times)
catoshi
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
March 17, 2017, 12:36:12 PM
 #1

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.

CATS RULE - DOGS DRULE!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
kolap
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


fiat=government money||cryptocurrency=people money


View Profile
March 17, 2017, 12:42:51 PM
 #2

Dash will be in the 1 billion market cap soon

European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
March 17, 2017, 01:01:21 PM
 #3

everyone knows this. they're not gonna care while they can get a little piece of the ponzi scheme themselves.
Red-Apple
Hero Member
*****
Offline Offline

Activity: 1344
Merit: 627



View Profile
March 17, 2017, 01:16:40 PM
 #4

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.

i disagree with DASH being a ponzi scheme, there are lots of things wrong with that coin but being a ponzi scheme is not one of them. and yes DASH is not pumped big time and it will dump.

also poloniex is known to be the place for pump and dumps and they do it themselves too. everyone wants a piece of the action afterall! and when they do they use bots,...
but i disagree with what you said about "stucking traders"
they may finally pull a MtGox on us and run away though.

coynedterm
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500



View Profile
March 17, 2017, 01:21:30 PM
 #5

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.
How can you say that dash is a scam or Ponzi scheme . Here every altcoins has own importantce in the altcoin market and also in bitcoin market .
So here you can't say it is scam . You need to give proof for the scam of Poloniex . I am using Poloniex exchange from 9 months but didn't get any problem of scam or any mistake with there bot .
You just need to think in better way and edit the post and say It was my fault , Poloniex is better and trusted exchange
And finally lock you post :/

            ▄▄█████▄▄
         ▄▄███████████▄▄
      ▄▄█████████████████▄▄
   ▄▄███████████████████████▄▄
 ▄█████████████████████████████▄
█████████████████████████████████
█████████████████████████████████
████████▀▀  ▀██▀       ▀▀████████
███████  ▄████  ███████▄  ███████
███████ █████  ██████████ ███████
███████ ██████████  █████ ███████
███████  ▀███████  ███▀   ███████
████████▄▄        ██   ▄▄████████
█████████████████████████████████
█████████████████████████████████
 ▀█████████████████████████████▀
   ▀▀███████████████████████▀▀
      ▀▀█████████████████▀▀
         ▀▀███████████▀▀
            ▀▀█████▀▀




.THRIVING CRYPTOCURRENCY..
.MARKET WITH CRYPTOBONDS..

▄▄▄▄  ▄▄▄ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ▄▄▄  ▄▄▄▄
████
██
██
██
██
██
██
██
██
██
██
██
██

INITIAL COIN OFFERING
SEPTEMBER 30

    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
    ██
██████
         ▄▄████████▄▄
     ▄████████████████▄
   ▄███▀▄▄▄▄▄▄▄ ▀███████▄
  █████ ███████ █▄▀███████
 ██████ ███████ ███▄▀██████
▐██████ ███████▄▄▄▄▄▄ █████▌
▐██████ █▄▄▄▄▄▄▄▄▄▄▄█ █████▌
▐██████ █▄▄▄▄▄▄▄▄▄▄▄█ █████▌
 ██████ █▄▄▄▄▄▄▄▄▄▄▄█ █████
  █████ █▄▄▄▄▄▄▄▄▄▄▄█ ████
   ▀███▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄██▀
     ▀████████████████▀
        ▀▀████████▀▀

...READ THE....
.WHITEPAPER.



        ▄▄████████▄▄
     ▄████████████████▄
   ▄████████████████████▄
  ███████████████▀▀  █████
 ████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
 ████████ █ ▄███▄   ███████
  ████████████████▄▄██████
   ▀████████████████████▀
     ▀████████████████▀
        ▀▀████████▀▀
TWITTER
FACEBOOK
MEDIUM
REDDIT
GITHUB
SLACK
ipanks
Hero Member
*****
Offline Offline

Activity: 952
Merit: 503


View Profile
March 17, 2017, 02:00:51 PM
 #6

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.

as long as the traders can make good profit, i think they don't care with this and they still continue to do trading in poloniex. but in reality, we know that poloniex still a big market exchange which have big volume in many coins and i think its still a good market exchange that allow us to make big profit too.
dolores13
Sr. Member
****
Offline Offline

Activity: 300
Merit: 271


View Profile
March 17, 2017, 02:01:21 PM
Last edit: March 17, 2017, 02:41:04 PM by dolores13
 #7

Every exchange is scam by oneway or another , they allow you to deposit unlimited Bitcoin (for non-verified account with ID)
and when its come to withdrawal they limited it to 2btc per day and giving lame excuse of KYC rules.
KYC policy should be applied on both deposit and withdrawal.  
holydarkness
Hero Member
*****
Offline Offline

Activity: 1288
Merit: 508



View Profile
March 17, 2017, 02:32:19 PM
 #8

About the usage of bots to pump and dump, doesn't a lot of other exchanger also use bots? I don't know for sure as I only use and loyal to limited amount of exchanger, but I don't think it is a good indicator that an exchanger is scam and should not be trusted merely by the existence of pump bots. Pumping is needed to support some coins and bring back some trends into it.

dfd1
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
March 17, 2017, 03:02:55 PM
 #9

Not yet. Until they block withdrawals because they run out of nonexistent money they not a scam, just an automatic bot trade friendly zero-fee exchange.
fortunecrypto
Legendary
*
Offline Offline

Activity: 1344
Merit: 1021


★777Coin.com★ Fun BTC Casino!


View Profile
March 17, 2017, 03:23:41 PM
 #10

Every exchange is scam by oneway or another , they allow you to deposit unlimited Bitcoin (for non-verified account with ID)
and when its come to withdrawal they limited it to 2btc per day and giving lame excuse of KYC rules.
KYC policy should be applied on both deposit and withdrawal.  
Yeah and if you look at the scam sections,you'll see a lot of accusations on this exchanges,each one of them has one and they are not small amount but huge one,that's why it's not a good idea to put huge amount of bitcoin in any exchange,

All-of-us
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
March 17, 2017, 03:47:25 PM
 #11

To make life easier for everybody can we not just agree that all the things in life including life itself will inevitably be proclaimed a Scam at some point and move on?

"insert thing here" is a Scam because... well just because.

Ggrr F%£$&g People...



btc_zero_sum
Sr. Member
****
Offline Offline

Activity: 274
Merit: 250


View Profile
March 17, 2017, 03:53:00 PM
 #12

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes

You are right, most of Monero trading volume and markets are on Poloniex

https://coinmarketcap.com/exchanges/volume/24-hour/
Fatoshi
Sr. Member
****
Offline Offline

Activity: 602
Merit: 251



View Profile
March 17, 2017, 03:56:53 PM
 #13

Poloniex isn't pumping anything, the users of poloniex are doing what they always do ie run like crazy bulls at any coin they think is rising and so it rises. I expect a big crash and it can turn in seconds on Poloniex.
Febo
Legendary
*
Offline Offline

Activity: 1876
Merit: 1104



View Profile
March 17, 2017, 04:00:28 PM
 #14

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes

You are right, most of Monero trading volume and markets are on Poloniex

https://coinmarketcap.com/exchanges/volume/24-hour/

wrong link buddy. you only showed that Poloniex is biggest crypt exchange in existence and that ETH is most traded there.


This is right link https://coinmarketcap.com/currencies/dash/#markets  Most DASH volume is made on Poloniex. Seems DASH is totally centralized.  Not only coins ( so owners) and masternodes ( so decisions what to do and develop), also exchange.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
20kevin20
Sr. Member
****
Offline Offline

Activity: 392
Merit: 256


View Profile
March 17, 2017, 04:05:32 PM
 #15

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.

i disagree with DASH being a ponzi scheme, there are lots of things wrong with that coin but being a ponzi scheme is not one of them. and yes DASH is not pumped big time and it will dump.

also poloniex is known to be the place for pump and dumps and they do it themselves too. everyone wants a piece of the action afterall! and when they do they use bots,...
but i disagree with what you said about "stucking traders"
they may finally pull a MtGox on us and run away though.

I think holding money on a website is a stupid idea. Especially if it's a trading website that's exposed to hacks, or you can be the one exposed to a scam.

It can be even the best known trading website and it's still not a good idea. The best place to hold your money is in your pocket. When you want to trade it, deposit, trade and withdraw at the end of the session. There have always been known hacks and thefts and criminals aren't always found. Bitfinex is a good example - you don't even know if it was the team that took the money away or a real hack. If it happens, it happens because people are holding their money there as if it was their wallet, not someone's website.
Golftech
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 510



View Profile
March 17, 2017, 04:10:12 PM
 #16

Poloniex isn't pumping anything, the users of poloniex are doing what they always do ie run like crazy bulls at any coin they think is rising and so it rises. I expect a big crash and it can turn in seconds on Poloniex.
that's the reality, if you are trading inside polo you should have big nerve to accept the loses because you are really risking your money its up to you how to overcome and profits from this business, its not controlled by the exchange but the people behind the movements of certain project,.




.




  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄████████▀▀▀▀███▄
███████▀     ████
███████   ███████
█████        ████
███████   ███████
▀██████   ██████▀
  ▀▀▀▀▀   ▀▀▀▀▀

  ▄▄▄▄▄▄▄▄▄▄▄▄▄
▄██▀▀▀▀▀▀▀▀▀▀▀██▄
██    ▄▄▄▄▄ ▀  ██
██   █▀   ▀█   ██
██   █▄   ▄█   ██
██    ▀▀▀▀▀    ██
▀██▄▄▄▄▄▄▄▄▄▄▄██▀
  ▀▀▀▀▀▀▀▀▀▀▀▀▀

            ▄▄▄
█▄▄      ████████▄
 █████▄▄████████▌
▀██████████████▌
  █████████████
  ▀██████████▀
   ▄▄██████▀
    ▀▀▀▀▀

    ██  ██
  ███████████▄
    ██      ▀█
    ██▄▄▄▄▄▄█▀
    ██▀▀▀▀▀▀█▄
    ██      ▄█
  ███████████▀
    ██  ██




               ▄
       ▄  ▄█▄ ▀█▀      ▄
      ▀█▀  ▀   ▄  ▄█▄ ▀█▀
███▄▄▄        ▀█▀  ▀     ▄▄▄███       ▐█▄    ▄█▌   ▐█▌   █▄    ▐█▌   ████████   █████▄     ██    ▄█████▄▄   ▐█████▌
████████▄▄           ▄▄████████       ▐███▄▄███▌   ▐█▌   ███▄  ▐█▌      ██      █▌  ▀██    ██   ▄██▀   ▀▀   ▐█
███████████▄       ▄███████████       ▐█▌▀██▀▐█▌   ▐█▌   ██▀██▄▐█▌      ██      █▌   ▐█▌   ██   ██          ▐█████▌
 ████████████     ████████████        ▐█▌    ▐█▌   ▐█▌   ██  ▀███▌      ██      █▌  ▄██    ██   ▀██▄   ▄▄   ▐█
  ████████████   ████████████         ▐█▌    ▐█▌   ▐█▌   ██    ▀█▌      ██      █████▀     ██    ▀█████▀▀   ▐█████▌
   ▀███████████ ███████████▀
     ▀███████████████████▀
        ▀▀▀█████████▀▀▀
FIND OUT MORE AT MINTDICE.COM
Iranus
Hero Member
*****
Offline Offline

Activity: 518
Merit: 503


View Profile
March 17, 2017, 04:15:52 PM
 #17

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.
I mean, do you actually understand what a Ponzi scheme is?

"a form of fraud in which belief in the success of a non-existent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors."

The earlier investors in Dash and other altcoins, even the scam ones, are not given payouts, they still trade them as is the point of Poloniex.  Therefore none of them are Ponzi scheme nor scams in the sense that you describe them.

Regardless, Poloniex does not use bots, it's only Poloniex users that sometimes use bots to enhance their trading, as they sometimes do on other exchanges as well.  This is nothing new.
Ayers
Legendary
*
Offline Offline

Activity: 1512
Merit: 1000


View Profile
March 17, 2017, 05:13:41 PM
 #18

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.

how investors are gonna lose this game if they just short after they bought at cheaper rate thanks tot he pump? isn't poloniex risky too much here instead? i can't see how this is work good for them there must be something else under it. You want to pump ok fair enough i'll dump on your pump at the first opportunity, investors aren't that stupid
eternalgloom
Legendary
*
Offline Offline

Activity: 1680
Merit: 1222



View Profile WWW
March 17, 2017, 06:49:22 PM
 #19

How would you even know for sure that Poloniex itself is using bots to 'pump and dump' coins?
Couldn't anyone use a bot to do this? It doesn't have to be Poloniex itself, right?

Just reads like FUD to me.

azguard
Legendary
*
Offline Offline

Activity: 1484
Merit: 1001


Crypto-News.net: News from Crypto World


View Profile
March 17, 2017, 08:46:43 PM
 #20

Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.

as long as the traders can make good profit, i think they don't care with this and they still continue to do trading in poloniex. but in reality, we know that poloniex still a big market exchange which have big volume in many coins and i think its still a good market exchange that allow us to make big profit too.

Off course this is true. We all want to gain profit so far it good one and personally dont care if this come to be ponzi we all will gain profit even Poloniex on every transaction they dont care what coin it is it like us we want to make more coin or cash and they want to. So they will allow anything that is good for both sides.



              ▄▄▄██████▄▄▄
          ▄██████████████████▄
       ▄████████████████████████▄
 ▄▄  ▄████████████████████████████▄
███████████████████████████████████▄
 ▀▀█████████████████████████████████▄
   ██████████████████████████████████
   ██████████████████████████████████
   ██████████████████████████████████
   ██████████████████████████████████
   ▀████████████████████████████████▀
    ▀██████████████████████████████▀
     ▀▀██████████████████████████▀
        ▀██████████████████████▀
           ▀▀▀████████████▀▀▀
.
.....
.....
.....
.....
.....
.....





Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!