macshad
Jr. Member
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Activity: 280
Merit: 2
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May 08, 2019, 07:51:58 PM |
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I don't figure they can return from their demise, regardless of the amount they attempt. every one of the issues that pushed them aside and made it with the goal that they were supplanted by different exchanges still exist if not developed more separate.
other than that is the means by which this world have dependably worked. the brought together altcoin exchanges have dependably had a lapse time and it didn't begin with Poloniex either. there were others before it as well. like Cryptsy which was enormous before they passed on, at that point Polo went along, at that point was supplanted by Bittrex and after that as they defrauded they got supplanted by Binance and soon enough Binance will be supplanted by another exchange and the chain goes on.
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Coltpython
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May 08, 2019, 08:01:56 PM |
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I remember this exchange. It is actually the first cryptocurrency exchange I signed up for when I began my journey into the world of cryptocurrency. Although I couldn't use it for the first few months of registering despite submitting my kyc documents. I hope they have treated whatever issues they had. This exchange used to be the biggest before bittrex came and took over. Now bittrex is going down too as binance is top of the ranks
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levyashin
Sr. Member
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Activity: 980
Merit: 276
$CYBERCASH METAVERSE
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May 08, 2019, 08:06:30 PM |
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I don't think any US based exchange can become great again. Bittrex and poloniex were great but because they are having too many problems with SEC, this is the biggest they can be.
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necromastery
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May 08, 2019, 08:42:42 PM |
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Poloniex will remain the best market of all times and until whenever. I'm sure of that. long ago until now it still remained strong and became a choice for traders
I see it looks like whatever happens on poloniex, such as his rank on cmc is dropping, he is still alive in the heart of his fans. If I'm not mistaken he has been 5 years, including one of the old ones, and still has a strong trading volume and is able to compete with others. Never looks lonely on there.
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oktana
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May 08, 2019, 08:50:11 PM |
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Is it possible for poloenix to regain the largest volume seeing that by relying on KYC they cannot get large volumes, if we compare other large markets, they open opportunities for all members to enter the market with minimum requirements so that it can have a large impact on volume on the exchange
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BITpashaCOIN
Copper Member
Member
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Activity: 728
Merit: 12
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May 08, 2019, 09:06:47 PM |
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I still have an active account on Poloniex (by the way this is my first exchange) since 2017, and never had problems with depositing and withdrawing funds. "Poloniex will become great again!" - Why not? And if they add a platform for the IEO?)))
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shiming
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May 08, 2019, 10:20:34 PM |
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The Poloniex trading platform was really very popular at the beginning. As long as the cryptocurrency enters this platform, the price will change a lot. I did not expect to be a second-line platform today. I think that if the platform will promote it, it is estimated that there are still many people who will trade and whether they can be restored. do not know yet.
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rarkenin
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May 08, 2019, 10:23:18 PM |
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Poloniex was very famous among the altcoin traders way back to the 2016-2017. It is hard to believe in the revive of Poloniex after the bear market but I don't deny this possibility.
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TKarollah
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Activity: 560
Merit: 10
“A nexgen decentralized ride hailing ”
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May 08, 2019, 11:51:33 PM |
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Poloniex was very famous among the altcoin traders way back to the 2016-2017. It is hard to believe in the revive of Poloniex after the bear market but I don't deny this possibility.
it may be difficult to see in growth, but there is still a possibility because nothing is impossible so we do not know what will happen next. nobody knows the future so we can't be sure. maybe to know more we have to research and monitor it so we understand it.
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DarkEagleMan
Jr. Member
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Activity: 84
Merit: 5
A Blockchain Mobile Operator With Token Rewards
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May 08, 2019, 11:52:00 PM |
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Unfortunately times go by and it is difficult for an exchange to return to its previous leadership in the face of the continuous emergence of new exchanges, which has made the market increasingly competitive for the benefit of users.
I have no doubt that Poloniex will continue to be an important reference in this sector, but I find it difficult that before a giant as powerful and competitive as Binance there is enough space to recover the lost investors.
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tabas
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May 09, 2019, 01:37:23 AM |
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I haven't traded on Polo for years and I remember those glory days with bittrex, cex and shapeshift. But now the market is in completely new level where exchanges are getting attached to their users because of these tokenized systems.
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Furious 7
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May 09, 2019, 02:37:42 AM |
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Poloniex has a great history in my trading career. I learned to trade there and get some big profits. but some big issues made me move my assets to bittrex. so far I don't know whether poloniex is still safe. One time I will return.
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tbct_mt2
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May 09, 2019, 02:44:26 AM |
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Personally, it is a big switch of Poloniex strategies to bring passive income to their users, with ATOM is the first asset on their platform will be provided this feature. I believe that it is just the start of new wave of things on Poloniex. When users of Poloniex have more passive income from the site, by storing their assets on Poloniex, they will keep using the site, and other investors, traders might spend their look at Poloniex, and might come back (if they are former users of Poloniex) or create their accounts on Poloniex to use. Together, volume on Poloniex might increase, and the one might become greater.
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mandor
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May 09, 2019, 04:07:16 AM |
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Poloniex has a great history in my trading career. I learned to trade there and get some big profits. but some big issues made me move my assets to bittrex. so far I don't know whether poloniex is still safe. One time I will return.
I too experienced the same thing as you, Poloniex is a good exchange place and my favorite place. but that first, now I don't use poloniex anymore. because I prefer to trade on binance or kucoin. the reason I left Poloniex was because I had begun to doubt the security of Poloniex.
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thd26bct (OP)
Member
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Activity: 300
Merit: 93
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May 09, 2019, 04:31:58 AM |
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With amazing recovery of bitcoin when it surpassed strong resistance around $6000, I think that if Poloniex team can do great initiatives, they might take advantages of the new wave in crypto to come back. Mainly because after bitcoin fully recovered, crypto investors will feel much better and they might use their capital to come back in crypto and invest more in altcoins. There is no doubt that altcoins have all been in very cheap price ranges in the BTC trading pairs. When new flow of old investors come back, and might be new flow of money from new comers, total liquidity of general crypto market will rise dramatically, and Poloniex can be benefited from such rises.
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blue_hurricanger
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May 09, 2019, 05:35:48 AM |
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Poloniex only shine when there were few exchange in the whole market. Now? Not a chance after so many new face with even better ethics when it come to operate crypto exchange. Let's not forget how many time Poloniex fuck up their own users with 'mishap'.
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GregH37
Legendary
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Activity: 1302
Merit: 1037
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May 09, 2019, 08:34:27 AM |
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Poloniex is my first exchange.Well that they have updates,but I think that their time has passed.In my opinion Bitmax is the leader of margin trading.Although as they say never say never.Perhaps the management of the exchange will be able to somehow attract the target audience.
Most new companies you see thriving today is not because they have any special idea, what they are doing is just to simply build on already existing ones, but making it better by looking for problems they are yet to find solution to, You cannot completely conclude that their time has passed, bitmax might be doing great now, but they will still have a particular problem they are yet to find solution to and that is what poloniex will probably use, by looking for a way to solve such problem and add it as additional feature to the already great features they have that will announce them above every other exchanges.
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MOProgress
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May 09, 2019, 08:42:35 AM |
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Seriously it is funny that most of the then great exchanges have gone down, Poloniex used to be a very good and interesting exchange, but suddenly its like fading away, I they just need to rebrand.
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ned.ryerson
Full Member
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Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
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May 09, 2019, 10:02:54 AM |
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Seriously it is funny that most of the then great exchanges have gone down, Poloniex used to be a very good and interesting exchange, but suddenly its like fading away, I they just need to rebrand.
this is why many people recommend not keeping your money on the exchanges. you never know when the exchange will die or stop being interesting. even the largest exchange
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hell_slayer
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May 09, 2019, 11:03:19 AM |
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To become great again they need not only to enable margin trading, but also to simplify the KYC procedure, and it is better to make it not mandatory (for example, as it was done in binance). KYC there is not just mandatory, they also require from users to resubmit their documents several times (my friend was required 2 times), and the document verification process took more than two weeks. It is difficult to count on popularity considering such not user-friendly procedures.
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