Nice trick to steal hard earned Bitcoin, First open an exchange then make a plan and take off Bitcoin bcoz no body can complain for this Virtual currency. That is why so many Exchange all of sudden started popping every second day.
I am 100% sure these stupid exchange owner are main cause for this all.
This is direct mistake of Exchange owner , why Users will suffer for his mistake ?
I know Busico... and he is solid as a rock... if he wanted to scam someone he would take all of your fucking shitcoins...but he didn't... the reality is this whole industry is a work-in-process.... and one little mistake can cost thousands or millions... he will make it right... and you have no evidence otherwise... if he offers shares for sale I will pitch in and help cover... that's how much I trust in what he says... Neither one of you have ANY evidence of malfeasance... zero.. nada...ziltch... you just throw out bullshit with no proof...
I don't know Tristan, but the people here that still proclaim that this is a scam are probably mostly trolling. It can be argued that the hack was at least partly due to lack of competence,
but every indication is that this is not a scam. Tristan is not really anonymous either, his name is Tristan D'Agosta and I'm sure you would be able to find all the details you want about him if you made some efforts, but wouldn't it be more interesting and productive to focus on trying to track down the hacker who stole these coins!?
sorry . but your business was hack , so it should be Ur business that take the lost . Image if paypal lost money from a bad employee. We wouldn't stand for our account to be lock or our balance to be touch. Surly Poloniex has made 10% in profit.
Poloniex should declare bankrupt of they cant afford the lost , It time for competent people to start running these type of business.
Your happy when your making huge profits with fees , Making us trust you with our money , then cry when you cant manage your affair.
First of all it is "surely".
Second, do you understand the razor thin margin that Poloniex operates with?
The trading fee is 0,2% per transaction, so even with a decent average trading volume of 400-500 BTC per day (currently about $265,000) he is only making 0.8-1 BTC per day! That has to cover hosting costs, his salary and all other costs of running the exchange. It's tough to get started in this business with little or no money, and apart from this latest attack I think Tristan has done remarkably well on what seems like a shoestring budget. The site is great and since he moved servers it's fast and responsive as well.
Why do you guys think it would be a good resolution for Poloniex to go bankrupt!?? He has already stated that he can't afford to repay his customers from personal funds. This may or may not be true, but it's irrelevant, because we do know that it's not going to happen!
I think he should shut down the exchange and pay back the users with remaining funds. Then pay out of pocket in another source of income to pay off his customers.
No one should trust this exchange if indeed it got hacked. Really it boils down to 1 strike and you are out. Out with the incompetent and in with the innovative and competent.
Says who?Aren't we his customers the ones who should decide if we want to keep doing business with Poloniex or not? For those of you that no longer trust him, just don't trade there anymore. I am confident that you will still get back your 12,3% that has been temporary lost. You do know that almost all the exchanges, especially the Altcoin ones, have had issues in the past, right? As far as I know, none of them has dealt with the situation with such openness, transparency and integrity as Tristan has shown so far.
To me it makes much more sense that,
after having solved the security issues, he continues to operate what is quickly turning into a popular and successful business, (if it weren't for hackers and thieves). Assuming that Tristan
is able to solve the security problems on the site surely the best option for everyone would be to continue trading and make back at least enough BTC to make his customers whole again?
The only sensible reason I can see for proposing that he should stop operating is if Poloniex continues to remain vulnerable to more attacks, which would put more funds from new users at risk.
That is why we need independent security experts to verify that it's safe once the improvements have been made. I also think it's important that information is easily available on the site about these past security breaches, (as well as the actions that have been taken to make the site secure against future attacks). That way new users can join with open eyes and fully aware of the risks. This might slow down the growth somewhat,
but consider how new and fresh such an open and transparent approach that Tristan has shown is compared to all the lies, deception and lack of communication we have seen from most of the previous sleazy exchange operators!To me Tristan and Poloniex is a breath of fresh air, both in regards to the general functionality of the site and his approach to these problems! As long as he is willing to hire the right people to help him lock down Poloniex from further attacks I would trust him more than the majority of the other exchanges, including the large ones. If he were also to introduce the insurance feature that I suggested in this post:
https://bitcointalk.org/index.php?topic=499580.msg5534025#msg5534025 it would be my favorite exchange by far!
The people complaining and "demanding" to be 100% repaid don't seem to realize that we are operating in virgin territory with Cryptocurencies.
You risk everything, every single time you deposit money or BTC on an exchange, and that goes for any exchange! If it's not due to hackers or owner theft your coin can just as well be taken by some government intervention. If you want 100% security, keep your coins in cold storage and make sure you are the only person to ever have access to them!
If you want to take part trading, especially Altcurrencies, you have to be willing to take risks, but for most of us that risk is more than worth it!
