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RE: Poloniex Under Pressure

in #cryptocurrency7 years ago

Guys keep safe and trade on bitshares decentralized exchange. Transfers happen within 1 second and you know for sure that no one will ever steal your money. Surely you may lose some trading opportunity due to lack of liquidity (which although is significantly improved day by day it doesn't compare to Polo liquidity) but at least you can sleep safe in the night. My experience in crypto is that when this kind of pumps happen across all cryptos a big exchange will get "hacked" soon..I don't buy it that so much new money came in from new investors within the last couple of months, especially in bitcoin..That is the usual pump from bots and centralized exchanges and then sudden dump and newbies blood on the street..Of course no one knows when the Pump will end but it is better to keep safe than regret later imho...

So I will repeat it once more... Bitshares DEX!! Keep it safe!!

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Thank you for the recommendation - that's good to know!
I understand your concerns but I hope that Poloniex will improve and they won't become the next mt gox.

Anyway, thanks for sharing your information, every poloniex user should know about the possible risks and alternatives!

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