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Main => General Discussion => Topic started by: sudo on July 10, 2017, 01:20:53 pm

Title: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: sudo on July 10, 2017, 01:20:53 pm
https://www.cryptofresh.com/u/poloniexcoldstorage
have  290,001,203 bts!!!!!!!!

poloniexcoldstorage did not sent out bts since  sep 4   2016  about 10months ago


the last send out bts action
poloniexcoldstorage sent 49,999,000 BTS to poloniexwallet Sep 4 '16


what happened?
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016
Post by: sudo on July 10, 2017, 01:23:23 pm
https://www.cryptofresh.com/u/poloniexwallet
just 8,264,142 bts
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: sudo on July 10, 2017, 03:12:14 pm
what happened to poloniexcoldstorage? lost private key?
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: lakerta06 on July 10, 2017, 05:43:50 pm
They just dont need to. This means people are keeping at least a total of 290m bts at all times in polo.
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: R on July 10, 2017, 09:13:24 pm
If it's the case that they have lost access, there should be no intervention by the network similar to ETH & DAO.

A sure way of finding out if this is the case, is if someone with a balance greater than the hot wallet attempts to withdraw their BTS..
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: paliboy on July 11, 2017, 06:44:19 am
BitShares deposit/withdrawals are disabled on Poloniex right now, again.
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: fluxer555 on July 11, 2017, 04:06:41 pm
If it's the case that they have lost access, there should be no intervention by the network similar to ETH & DAO.

A sure way of finding out if this is the case, is if someone with a balance greater than the hot wallet attempts to withdraw their BTS..

The shareholders will decide. We have a sophisticated governance system, which makes potential forks like this fair and possible. Settling this on-chain fast and efficiently will show other chains who have been in similar situations how powerful our system really is.

If you think there should be no intervention, your stake will have its say.
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: R on July 11, 2017, 07:46:01 pm
If it's the case that they have lost access, there should be no intervention by the network similar to ETH & DAO.

A sure way of finding out if this is the case, is if someone with a balance greater than the hot wallet attempts to withdraw their BTS..

The shareholders will decide. We have a sophisticated governance system, which makes potential forks like this fair and possible. Settling this on-chain fast and efficiently will show other chains who have been in similar situations how powerful our system really is.

If you think there should be no intervention, your stake will have its say.
I'd find it hard to believe that a decentralized exchange network would opt to bail out a centralized exchange, but you're right that it should be put to a vote if found to be a reality.
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: paliboy on July 11, 2017, 08:32:05 pm
A sure way of finding out if this is the case, is if someone with a balance greater than the hot wallet attempts to withdraw their BTS..

Any big holder willing to move funds out and in after their wallet is enabled?
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: sudo on July 12, 2017, 04:57:09 am
https://www.cryptofresh.com/u/poloniexwallet

Asset   Balance
BTS   6,610,431
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: sudo on August 10, 2017, 02:49:25 pm
now

Balances
Asset   Balance
BTS      347 !!!!!!!!!!!!!!!!!!!!!!!
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: JuJiShou on August 11, 2017, 09:54:55 am
poloniex is likely to lose control of this account
if so,a big thing
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: iHashFury on August 11, 2017, 12:25:38 pm
Tweet it!

https://twitter.com/by24seven/status/895947480176656384
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: lakerta06 on August 11, 2017, 01:41:49 pm
Does anybody know the story behind this?
Did they really lose their access to the cold wallet???
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: nomoreheroes7 on August 11, 2017, 01:53:13 pm
Wish they still had the trollbox open, so we could at least pester them about it there. That was basically the last line of communication to them. Starting to feel like the real reason it was closed was to stop people from asking too many questions...........

  ::)


At this point I'd be more surprised if polo didn't cut and run with everyone's money...
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: space_invader on August 11, 2017, 03:11:27 pm
The spread between Poloniex and other exchanges has grown to 2 cents. Basically Poloniex BTS is priced with significant discount.
Reminds me of Gox spread before it went down. How much more is needed until SHTF?
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: rnglab on August 11, 2017, 05:42:01 pm
"Bitshares network prevents 55M Usd Goxing through consensus"

Lets see...

Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: fav on August 11, 2017, 06:05:34 pm
"Bitshares network prevents 55M Usd Goxing through consensus"

Lets see...

BitShares dex prevents goxing by being a DEX.
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: rnglab on August 11, 2017, 06:38:09 pm
"Bitshares network prevents 55M Usd Goxing through consensus"

Lets see...

BitShares dex prevents goxing by being a DEX.

Also. Less sensationalist though. " Bitshares DEX gathers consensus to prevent  <a fraudulent exchange> from Goxing 150M ."

Edit: Hopely just a: "Bitshares DEX helps to recover 150M from exchange's lost key"
Title: Re: poloniexcoldstorage did not sent out bts since sep 4 2016 about 10months ago
Post by: lakerta06 on August 12, 2017, 10:28:08 am
it seems they had the keys after all...