Poloniex proved its balance

[alt]

very funny, I never know prove 100% reserve is  such a difficult thing.
of couse, we can wait, but polo should reply and give a date.

clayop, support you.
wish poloniex open it's cold wallet.

thank you for your notice.

but I  think it is not easy to prove anything. so I think I would keep some bts on poloniex

Poloniex has the ball. If it opens its cold wallet account name, all problem will be solved easily. If not, only bankrun can reveal the truth.

周公恐惧流言日，王莽谦恭未篡时。 向使当初身便死，一生真伪复谁知？

[BTSdac]

clayop, support you.
wish poloniex open it's cold wallet.

thank you for your notice.

but I  think it is not easy to prove anything. so I think I would keep some bts on poloniex

Poloniex has the ball. If it opens its cold wallet account name, all problem will be solved easily. If not, only bankrun can reveal the truth.

周公恐惧流言日，王莽谦恭未篡时。 向使当初身便死，一生真伪复谁知？

[alt]

clayop, support you.
wish poloniex open it's cold wallet.

thank you for your notice.

but I  think it is not easy to prove anything. so I think I would keep some bts on poloniex

Poloniex has the ball. If it opens its cold wallet account name, all problem will be solved easily. If not, only bankrun can reveal the truth.

[clayop]

thank you for your notice.

but I  think it is not easy to prove anything. so I think I would keep some bts on poloniex

Poloniex has the ball. If it opens its cold wallet account name, all problem will be solved easily. If not, only bankrun can reveal the truth.

[BTSdac]

thank you for your notice.

but I  think it is not easy to prove anything. so I think I would keep some bts on poloniex

[clayop]

IMO what we have to do;

(1) Keep all your fund in your own wallet (not in poloniex!)
(2) Urge poloniex to prove their reserve

[Ander]

Poloniex doesn't actually trade BTS on their site. You are trading made up tokens. They also allow people to short on margin which does not require someone to lend the shares to you. The are lending fake BTC to you and you can then create fake BTS from the lent btc.

You have to borrow polo bts IOUs in order to short however, from other users lending them out.

[unimercio]

even if so, why triggering a bank run on the exchange with the most volume for bts?

+5% agreed... Lets not burn the ships until our decentralized exchange liquidity issues are solved. To date, volume on all decentralized crypto exchanges has been dismal.

The risk is there and real, but lets not "screw the pooch",  just yet.  ;)

[SkyscraperFarms]

Poloniex seems to fake its balance. Its sell order says that it has at least 25 mil BTS, but the account poloniexwallet only has 12 mil now.
I asked about their cold wallet account name but they seem to ignoring my email.

I think it is safe to withdraw all of our BTS from poloniex now.

If you know any accounts related to poloniex, please let me know.

Poloniex doesn't actually trade BTS on their site. You are trading made up tokens. They also allow people to short on margin which does not require someone to lend the shares to you. The are lending fake BTC to you and you can then create fake BTS from the lent btc.

[Musewhale]

Poloniex is margin trade, Below three times are normal

Polo margin traders borrow BTS from other BTS owners, so the amount should be the same.

Not lending relationship

[clayop]

They should, but 2.0 is new so perhaps they havent figured it all out yet.
I think its a bit too early to call foul on this.

But they should show balance fairly soon.

Agreed. But isn't it safe for community to keep our fund in our pocket instead of in centralized exchanges? (always)

[clayop]

Poloniex is margin trade, Below three times are normal

Polo margin traders borrow BTS from other BTS owners, so the amount should be the same.

[Musewhale]

Why they don't show the wallets to public?

security reason's(?)  8)

I guess out there are a couple of hackers that want to know all the details about their accounts...

Poloniex it is necessary to show their balance
In China, show balance is already a movement, if not show, then the customer will not dare to trade

[liondani]

Why they don't show the wallets to public?

security reason's(?)  8)

I guess out there are a couple of hackers that want to know all the details about their accounts...

[Ander]

Why they don't show the wallets to public?

They should, but 2.0 is new so perhaps they havent figured it all out yet.
I think its a bit too early to call foul on this.

But they should show balance fairly soon.