ANN-EMC2 Einsteinium FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY KMD-dPoW

[gembitz]

As all alts are green again today, it might be a good idea for Polo at least to issue a statement. I have opened another ticket including our official statement regarding possible double spends and the current chain state. Will see if there will be at least some information this time.

Do not expect to get a response anytime soon.
The other day I noticed that quite a few coins had their deposits/withdrawals suspended because the Polo team were updating wallets and fixing issues.
Naturally they will start with the highest volume coins first.

The Bitcoin Segwit update is due to have its first real test on August 1.
We can expect a lot of volatility up to and soon after August 1.
I suspect there will be a run up in the markets right up until the last week of July and then a correction as people pull their money out for Segwit.

I doubt Polo will have time to look at the EMC wallet until after that cools down.
My guess is that EMC2 will remain frozen until mid to late August.

Tristan will unfreeze it when he sees this ^keep calm and emc2*

[CryptoRobert]

is it still possible to mine emc? On a truly meaningful level (profitable)? I've run through this forum and it seems the majority of the issues are coming from attacks to exchanges and wallets forcing volume to drop.
Sorry if this sounds like a stupid question, just looking at other Scrypt based coins and wondering whether it was even still possible based on the last 10 pages of this forum!

Thanks in advance for humouring my stupidity.

EMC2 has always been profitable to mine with Scrypt asics, plus there are wormhole events with 2970 coins per block.

Even more so if you consider anyone who mined until few months back and didn't dump, got back at least 10x more

The exchange issues are a world of their own. Bittrex had an attempted attack in EMC2, minor but due diligence dictated the freeze (now unfrozen since new code) ... Polo issues, no one can explain and Polo themselves won't humour the customers to say wtf is going on.

In May Polo had frozen my account because according to my IP I was supposed to be in a country which the USA doesn't really like. It took me many weeks to have it unfrozen, after having sent them documents and photos which proved that I was in Europe. I got back my assets sometimes in June. You can imagine my losses being unable to buy/sell/change-existing-orders for so long...

[bluelab]

is it still possible to mine emc? On a truly meaningful level (profitable)? I've run through this forum and it seems the majority of the issues are coming from attacks to exchanges and wallets forcing volume to drop.
Sorry if this sounds like a stupid question, just looking at other Scrypt based coins and wondering whether it was even still possible based on the last 10 pages of this forum!

Thanks in advance for humouring my stupidity.

EMC2 has always been profitable to mine with Scrypt asics, plus there are wormhole events with 2970 coins per block.

Even more so if you consider anyone who mined until few months back and didn't dump, got back at least 10x more

The exchange issues are a world of their own. Bittrex had an attempted attack in EMC2, minor but due diligence dictated the freeze (now unfrozen since new code) ... Polo issues, no one can explain and Polo themselves won't humour the customers to say wtf is going on.

In May Polo had frozen my account because according to my IP I was supposed to be in a country which the USA doesn't really like. It took me many weeks to have it unfrozen, after having sent them documents and photos which proved that I was in Europe. I got back my assets sometimes in June. You can imagine my losses being unable to buy/sell/change-existing-orders for so long...

There is trading, but there is also investing, and gambling. daily trading = gambling
Most of my holdings are 3 to 18 months, and this is what I consider investing.

Sometimes the best way to make money in crypto is just to hold the coin...

[mammothinv]

Conclusion..polo is crappy exchange?

I stopped using Polo long time ago....mainly I use Bittrex. Although from time to time, some shady things with many different alts can be seen there, I really never had any similiar problems with my account/coins being frozen etc.
Big up for Bittrex, keep up with the good work! 

[starmman]

Conclusion..polo is crappy exchange?

I stopped using Polo long time ago....mainly I use Bittrex. Although from time to time, some shady things with many different alts can be seen there, I really never had any similiar problems with my account/coins being frozen etc.
Big up for Bittrex, keep up with the good work!  

Agree, I've been slowly reducing my exposure to polo - I suspect that they will delist EMC2 in their next cull round - I noticed that any coin that causes them more than a few minutes of work seems to be getting delisted - even if its just a hard fork. Not good customer service IMO.

[bluelab]

Conclusion..polo is crappy exchange?

I stopped using Polo long time ago....mainly I use Bittrex. Although from time to time, some shady things with many different alts can be seen there, I really never had any similiar problems with my account/coins being frozen etc.
Big up for Bittrex, keep up with the good work!  

Agree, I've been slowly reducing my exposure to polo - I suspect that they will delist EMC2 in their next cull round - I noticed that any coin that causes them more than a few minutes of work seems to be getting delisted - even if its just a hard fork. Not good customer service IMO.

Oh, Really?

How do you know that there was issue at all?
And if yes, how do you know if it was on the chain itself or maybe on their side?

If it was on the chain, they would have contacted us, which they haven't.

Maybe there was no issue at all and they just preventively freeze the coin to protect both chain and themselves, till we finish soft fork,
and to save their time doing maintenance.

[chrysophylax]

Conclusion..polo is crappy exchange?

I stopped using Polo long time ago....mainly I use Bittrex. Although from time to time, some shady things with many different alts can be seen there, I really never had any similiar problems with my account/coins being frozen etc.
Big up for Bittrex, keep up with the good work!  

Agree, I've been slowly reducing my exposure to polo - I suspect that they will delist EMC2 in their next cull round - I noticed that any coin that causes them more than a few minutes of work seems to be getting delisted - even if its just a hard fork. Not good customer service IMO.

Oh, Really?

How do you know that there was issue at all?
And if yes, how do you know if it was on the chain itself or maybe on their side?

If it was on the chain, they would have contacted us, which they haven't.

Maybe there was no issue at all and they just preventively freeze the coin to protect both chain and themselves, till we finish soft fork,
and to save their time doing maintenance.

im inclined to believe the latter ...

preventative maintenance is no maintenance at all ...

they have had MASSIVE issues lately - and the last thing they need is more issues with coin daemons ...

who knows - i dont ... guessing is all we can do - unless you own poloniex ...

speculation is just that - guessing ...

we just work on what needs to be done - and do it ...

#crysx

[gembitz]

Conclusion..polo is crappy exchange?

I stopped using Polo long time ago....mainly I use Bittrex. Although from time to time, some shady things with many different alts can be seen there, I really never had any similiar problems with my account/coins being frozen etc.
Big up for Bittrex, keep up with the good work!  

seriously FUCK BITTREX! re: Bittrex Bill&Julian is linked to Asian mafia... :\  +they stole my coins! * do not trust bittrex.

[gembitz]

Conclusion..polo is crappy exchange?

I stopped using Polo long time ago....mainly I use Bittrex. Although from time to time, some shady things with many different alts can be seen there, I really never had any similiar problems with my account/coins being frozen etc.
Big up for Bittrex, keep up with the good work!  

Agree, I've been slowly reducing my exposure to polo - I suspect that they will delist EMC2 in their next cull round - I noticed that any coin that causes them more than a few minutes of work seems to be getting delisted - even if its just a hard fork. Not good customer service IMO.

~we need to be on yobit lol

[bluelab]

Conclusion..polo is crappy exchange?

I stopped using Polo long time ago....mainly I use Bittrex. Although from time to time, some shady things with many different alts can be seen there, I really never had any similiar problems with my account/coins being frozen etc.
Big up for Bittrex, keep up with the good work!  

Agree, I've been slowly reducing my exposure to polo - I suspect that they will delist EMC2 in their next cull round - I noticed that any coin that causes them more than a few minutes of work seems to be getting delisted - even if its just a hard fork. Not good customer service IMO.

~we need to be on yobit lol

YoBit and BlueTrade

[HashUnlimited]

Conclusion..polo is crappy exchange?

I stopped using Polo long time ago....mainly I use Bittrex. Although from time to time, some shady things with many different alts can be seen there, I really never had any similiar problems with my account/coins being frozen etc.
Big up for Bittrex, keep up with the good work!  

seriously FUCK BITTREX! re: Bittrex Bill&Julian is linked to Asian mafia... :\  +they stole my coins! * do not trust bittrex.

I'm wondering that everybody who likes to play some semi-legal games of Mahjong is considered an Asian Mafioso... Did you loose a few bucks gambling while being high? Always remember - do not ma jiang with the pros after a few shots of bei jiu...

[spacec]

Such a shame With Polo..
I wanted to get my account verified so i could transfer larger amounts in and out, this was in April.
2Months later they responded to my ticket and said the picture was blurry (taken with 18megapixel camera).

Waited another 2weeks to be able to upload a new picture, it got verified yesterday.
I have moved almost all my funds out of Polo, never again shall i use such a sh***y exchange site as Polo.

I really hope EMC2 have better luck and dont get delisted, not for my sake but for the coin itself.

When a really stable wallet for EMC2 gets out i will transfer all my EMC2 to that wallet and keep for long holding.

[HashUnlimited]

Such a shame With Polo..
I wanted to get my account verified so i could transfer larger amounts in and out, this was in April.
2Months later they responded to my ticket and said the picture was blurry (taken with 18megapixel camera).

Waited another 2weeks to be able to upload a new picture, it got verified yesterday.
I have moved almost all my funds out of Polo, never again shall i use such a sh***y exchange site as Polo.

I really hope EMC2 have better luck and dont get delisted, not for my sake but for the coin itself.

When a really stable wallet for EMC2 gets out i will transfer all my EMC2 to that wallet and keep for long holding.

The verification thing takes forever, got a similar issue. Application not approved forever, then suddenly the status on the profile page changed without any notification.

Our current wallet btw is super stable, based on plain LTC code. We are inly one version behind, need to have the soft forks through before releasing the next update.

[bluelab]

Grassrooting - My congrats to Varvarin for opening EMC2 school!





mr.enigmatic answering first questions...


Happy Friday!

[kraterion]

Is he teaching to unfreeze polo ? Joking  , can you explain what is this axactly about?

[bluelab]

Is he teaching to unfreeze polo ? Joking  , can you explain what is this axactly about?

crypto in general,
trading,
introduction to blockchain...

best guy will be taken to work with us

[HashUnlimited]

Is he teaching to unfreeze polo ? Joking  , can you explain what is this axactly about?

imagine being a guy at Polo with a red and a green button labelled "EMC2" in front of you and reading all this stuff and other channels... would you press green or keep on watching :-D

[kraterion]

Is he teaching to unfreeze polo ? Joking  , can you explain what is this axactly about?

imagine being a guy at Polo with a red and a green button labelled "EMC2" in front of you and reading all this stuff and other channels... would you press green or keep on watching :-D

Probably I'll keep wacthing  but eventually someone have to press that green button for god sake

[HashUnlimited]

Is he teaching to unfreeze polo ? Joking  , can you explain what is this axactly about?

imagine being a guy at Polo with a red and a green button labelled "EMC2" in front of you and reading all this stuff and other channels... would you press green or keep on watching :-D

Probably I'll keep wacthing  but eventually someone have to press that green button for god sake

Probably this will take a while as all signs are showing now that they have more than just a big mess going on internally, it seems to be HUGE.

The reason for me to speculate like this is that on instance I was checking on Polo via their API today and that got me confused. If there is an incident, the normal sequence of events would be to shut down the wallet, afterwards disable off-chain transactions and then flag the web and other interfaces. Appears that the node was disabled, then frontend frozen while trades were still going through. This teaches us that the web interface and API aren't connected directly but only via the backend which was continuing it's work when they discovered an issue.

[uacoin]

These guys look very serious apparently, they are learning the art of war - If I would work on Poloniex I would be very scared