*picture via Google search image
What's going on with @poloniex exchange of late? Why are they not allowing deposits/withdrawals of Alt-coins that's listed on their exchange? As per exampled below
*screenshot via Poloniex exchange
I've been following up on this site's/exchange's anomalous trade practices, and I have come up with serveral independent conclusions as to why that both of the most important part of Crypto (and any other forms of) financial trading, "Deposits & Withdrawals" can occur;
• over speculation of the particular asset within the exchange.
• insufficient tokens/coins to the asset within the exchange to cover and trade with.
• called to halt transactions by the asset's Financial Controllers/Directors to avoid the Company from being further drained of capital from the vigorous speculative environment (though this rarely occurs, its a sign of responsible financial foresight by the company)
The only situation that would cause fear to spark is the fact that @Poloniex does not have sufficient tokens/altcoins to trade/payout. Fingers crossed that its not the case.
preacherofstorms
i think they are having some technical issue at the moment,i have moved to bittrex longtime ago.
Ported?
my error lol
"Technical issues" like this usually are caused by the parameters listed in my publications.
Poloniex has some issue and it does not want to tell what had happened. Hence we should show our support to Steemit and Steem: It's time for us who trust in Steemit and Steem to show that we really mean it: https://steemit.com/steemit/@godfish/do-you-trust-in-steem-enter-the-steemit-market-then
Short term speculative investment is what these cryptocurrencies are trying to avoid their companies being exposed to...thus leaning back towards my publication's point.
anyway their support sucks... Bittrex is the best now
Good to know
for steem deposit/withdraw will resume , see this
https://steemit.com/news/@blackswith12/good-news-poloniex-steem-and-sbd-deposit-withdraw-normal-on-05-00-utc-july-1st
Estimated? Nothing solid then...
I think so
Poloniex does have some issues i for one hope that they sort it out. Cheers mike