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Author Topic: Is it Litecoin, or Poloniex?  (Read 351 times)
flipper55 (OP)
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July 30, 2017, 02:16:38 AM
 #1

Last three weeks at some time Polo has taken deposits and withdrawals off due to ltc... or so they say. Litecoin dev has responded on twitter that he wished Polo would contact him when they post the "dev might have to address this issue"... or something like that.

Now... just recently, they have frozen ltc the second time in about a week an a half.... so, what the hell, is it ltc, or Polo?

Please note the wallet being taken offline for a couple of hours isn't really my issue, it's the frozen stuff that gets me on edge.
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shyliar
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July 30, 2017, 02:20:06 AM
 #2

No other exchanges with similar problems. That narrows it down to Polo.
flipper55 (OP)
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July 30, 2017, 02:29:09 AM
 #3

No other exchanges with similar problems. That narrows it down to Polo.

That's the easy answer... maybe the easy, simple, correct answer.

The more complicated answer is why does this keep happening.

Once again, is it Polo or Ltc. Is there something ltc has done to now make Polo have to "take them offline" for a bit out of precaution?

Is Polo having issue with ltc traffic, and this is a way of throttling it (like Polo has run out of ltc in their hot wallets)?

Is Polo trying to manipulate the market?

This is mere curiosity on my part... I believe both ltc and Polo are here to stay.
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July 30, 2017, 02:46:38 AM
 #4

Last three weeks at some time Polo has taken deposits and withdrawals off due to ltc... or so they say. Litecoin dev has responded on twitter that he wished Polo would contact him when they post the "dev might have to address this issue"... or something like that.

Now... just recently, they have frozen ltc the second time in about a week an a half.... so, what the hell, is it ltc, or Polo?

Please note the wallet being taken offline for a couple of hours isn't really my issue, it's the frozen stuff that gets me on edge.

It is has to be Poloniex. The problem is on their side really. This is not the first time they do freezing. This is not the first time they lock withdrawals. I am not sure whether it was this month or late June when they also froze withdrawals of ETH. People are saying all kinds of shit about poloniex these days. I hope they will fix all these recurring problems.

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bbc.reporter
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July 30, 2017, 02:47:12 AM
 #5

No other exchanges with similar problems. That narrows it down to Polo.

Yes and the same problem has been reported many times in the forum from different cryptcoins. Others have said that there is something very wrong with the exchange and that it might be the next to close.

Their support does not answer to help the and their developers have either not been successful in fixing the issue or did not try to fix it at all.

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Antivoid
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July 30, 2017, 02:50:52 AM
 #6

someone says poloniex will dislist ltc:
https://bitcointalk.org/index.php?topic=2009251.0
so is that true? or just poloniex have some wallet problems with ltc?
no matter what, i have no ltc, wish you guys good luck
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