Poloniex Down: Ideas on how to Profit?
Why is Poloniex Down and how do I Profit?
It is 8/2/17 @ 5:37pm. I'm awaiting Poloniex to solve the connectivity issues which it has encountered for the last 2 hours. The question most people are asking: What do I do when I get logged in?
Immediate Fearful Concerns
- Is Poloniex being hacked?
- Is Poloniex being seized?
- Are there problems based around the hard fork?
- Why did Poloniex all of a sudden change the terms and conditions?
I do not have any answers to these questions !!!
My Options
- Do I transfer out my coins when I log back in?
- Do I start shorting on margin expecting others to sell and if so which are the most likely coins to be converted from and converted to?
- Do I stay in USDT and buy late tonight or tomorrow?
What are you doing?
I would love to know what everyone is thinking and planning. This can help give me ideas on how to take advantage of the uncertainty. Comment and provide a valuable response so others have different viewpoints to consider.
I obviously hope once poloniex comes back up everything works as planned and people will not experience hiccups. I like the platform and hope nothing happens to it. I love the lending option.
Yup, Yes, qui, ja, da, sì and 是...
That is a pretty firm response. :)
I'm hearing there is a large internet outtage in the united states. I would think Poloniex would mention this if it is from their provider via twitter. I do not know if the two are correlated but I feel it is information to consider.
If it was me me I would sell all my coins for bitcoin or ether (preferably ether with the bitcoin cash hard fork) get them to a safe place and wait for a week for things to die down. yes you might lose short term gains but atleast your money is safe.
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