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Author Topic: The most frustrating thing about crypto  (Read 4319 times)
nasipadang
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September 13, 2018, 01:29:21 AM
 #241

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Always use an exchange that is recommended by many people, I often use idex but I have never experienced anything like you, waiting for 30 days is not normal, if it happens like that usually for 2 days there is no confirmation and the status is still waiting then it's better to send a ticket to their CS. The most frustrating thing is that the market situation continues to deteriorate this year.

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September 13, 2018, 01:32:18 AM
 #242

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...

there must be some institutional bodies that governs theses exchanges. or there must be some sort of groups that rates each exchanges and post warnings and recommendations for public to know. lots of people are victimize and their coins held hostaged.

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September 13, 2018, 01:38:06 AM
 #243

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
The time for a transaction to get successful does not mean the exchanges are keeping your coins hostage. It means your transactions have to pass through the numerous blocks created by other users who are similarly making transactions on the exchange. As such, you are giving the opportunity to speed up your transaction wait time by increasing the gas price if you can afford.
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September 13, 2018, 01:39:01 AM
 #244

Delays in coin transfer can really frustrate even the most patient person in the world. The reason why we are getting frustrated is because of uncertainty. We don't know what is happening to our coin while its being transferred. The coin can disappear in thin air if you are unlucky. It also depends on the exchange that you were transferring. I have tried hitbtc, yobit, bancor and kucoin but haven't gotten any problem as of the moments. Had a lot of problems on MEW but that's a different story.

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September 13, 2018, 01:55:10 AM
 #245

you mean the frustrating thing about exchanges and not about crypto, those are two different things, well, there are more safer and reliable exchanges out there to try, which offer fast and consistent transactions, they say never put your money in one basket, there are some exchanges that are faking their data, to attract traders, who knows, maybe those exchanges are only using your crypto to make their data look good to traders, that is why the transactions are taking too much time to push through, some times they end up loosing your money.

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September 13, 2018, 02:17:11 AM
 #246

Based for my own experience is when i bought a lot of altcoins for not so affordable prices and a day after it really dip too much and it gave me a very painful feelings due to no profit investment.
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September 13, 2018, 02:32:14 AM
 #247

I think you can move to another exchange that doesn't do what frustrates you. The most frustrating thing in crypto when we become victims of buying fraudulent ICOs. I believe that it really frustrates the bounty hunters who really work hard every day and night and in the end they can't get anything, until now I really wonder why there are people who do bad things with their neighbor.
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September 13, 2018, 08:32:51 AM
 #248

People who lost their cryptos to hacking have not been frustrated, most times depositing and withdrawing take a little long because of network issues, you just have to calm down. Cryptos requires patience and it is only the patience.
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September 17, 2018, 11:56:38 AM
 #249

I believe that almost everyone else will agree with me that the most annoying thing about cryptocurrencies is the fact that one can't really predict what will go on with the coin in the next minute. yes we make assumptions most of the times, but this doesn't just do it. The volatility of these coins is one someone has to worry about everytime.
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September 17, 2018, 01:50:00 PM
 #250

The hardest thing about ciphers is that it is difficult to predict the upward trend of any coin, so we buy in and expect to hold, the market will recover.

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September 27, 2018, 03:35:42 AM
 #251

Indeed, Cryptopia is not suitable for daily trading, because the system is lacking in care.
I also moved DOGE coins from cryptopia to Bittrex and took 4 days to succeed. LOL

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September 27, 2018, 03:54:21 AM
 #252

if you withdraw using a small fee or gas, don't be surprised if the transaction you request is slow. because the transfer process will process transactions that use higher costs will be processed first. I once felt the same thing, but I took the initiative to change and raise transaction fee. a few more minutes my transaction being processed by pool.

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September 28, 2018, 10:13:36 PM
 #253

You really should not have to wait that long for your withdrawals to arrive. I mean I have used cryptopia a couple of times and I have never seem to have trouble with them. If you are waiting that long for withdrawals then you should contact their customer care service in order to draw their attention to it so that they can have it resolved for you.
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October 03, 2018, 12:34:31 PM
 #254

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
You need to use another exchange then, if your coins are being held for hours then what you should be doing is contacting the customer support of the exchange so thy can resolve it. You need to understand that all exchanges are not the same and yes, there will always be exchanges which are better than others so you need to use the better ones
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October 03, 2018, 12:37:01 PM
 #255

For me the most frustrating things in crypto is the prices, where you cannot simply tell where it is going down or up. I dont really case about the scam because they are actually everywhere, but the saddest thing is when you buy a certain coin and then hours later it drops, or when you sell a coin and then it rises.

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October 03, 2018, 12:44:04 PM
 #256

I don't have any problem that i encounter in cryptopia because most of my deposit and withdrawal just take about 1 to 2 days only, my frustration only is that my holdings are getting worst because it is all dropping or below ICO price, i only hope now is that bitcoin will go skyrocket earlier as possible.

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October 03, 2018, 12:58:38 PM
 #257

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
I'll bet what's most frustrating about crypto is having all or most of your coins/tokens stolen! Pretty sure many here can relate to that! Another thing is sending a huge amount of crypto to a wrong address. Human errors in this space is normal. But it doesn't mean we can keep on making them...

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October 03, 2018, 12:59:24 PM
 #258

And that is exchanges who are keeping coins/tokens hostile for a long period of time. When I deposit or withdrawal from an exchange often times it just keeps it in pending status. Now I'm waiting for an idex deposit, 4 hours passed. My worst case was a withdrawal at cryptopia which took 30 days.

Crypto is not ready to be adopted by the masses. Lots of suicides would be the result...
Yeah you're right, I once experienced also in this kind scenario, I've deposited electroneum on cryptopia but something went happen, My electroneum doesn't appeared to my wallet on cryptopia, I've wondered what happens to my etn cuz I've followed exactly on how to send etn to cryptopia, So I sent a ticket to their support, and they say it will take 30 working days to fixed the issue. It's so frustrating for me because I badly needed money at that time.
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October 03, 2018, 01:05:46 PM
 #259

the bad thing I have experienced is probably about the phishing wallet problem. at that time some of my erc20 tokens were hacked because I logged in from the wrong MEW website. and there were also cases in the poloniex market, it took me three days to get my ethereum deposit landing into my account.

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October 03, 2018, 01:13:00 PM
 #260

the bad thing I have experienced is probably about the phishing wallet problem. at that time some of my erc20 tokens were hacked because I logged in from the wrong MEW website. and there were also cases in the poloniex market, it took me three days to get my ethereum deposit landing into my account.
All things could be possible to happen in crypto, a lot of problems and errors arise when crypto getting known to the market. May you have experience like and so the others also or it is something different but still we can manage to stretch our patient and kindness. So from now on, we better to be preferred of what will happen to the coming days.



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