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RE: Don't keep your coins in exchange
And also remember that Poloniex, the biggest exchange by far, was acting very strangely lately. I don't even feel safe having funds there which I trade not to talk about using it as a wallet. But I guess I am stupid as well... After all, they always say "your coins are safe with us," so who am I not to believe?
What was Poloniex doing that was strange?
Pretty much everything :D. First, it started crashing, leaving people unable to trade for hours (of course, prices crashed during this time). Now there are many unresolved tickets with people's funds missing or not going through. I would say they have some liquidity problems, but it is only my purely speculative thoughts. That said, things like that should not happen to a company which makes $1 million per day. Also, they killed the trollbox and even though, the reason they state is very honorable (to make moderators work on months old support tickets), I still think it is a bad sign. I hope it is only a temporary fails due to increasing volumes, but we will see.
Thanks for the info. Will have to keep an eye on things, for sure.
:))) so true. i think if you trade and need polo for some reason...keep a reasonable amount. but the slogan is hilarious to me :D