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

[lakerta06]

it seems they had the keys after all...

[rnglab]

"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"

[fav]

"Bitshares network prevents 55M Usd Goxing through consensus"

Lets see...

BitShares dex prevents goxing by being a DEX.

[rnglab]

"Bitshares network prevents 55M Usd Goxing through consensus"

Lets see...

[space_invader]

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?

[nomoreheroes7]

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...

[lakerta06]

Does anybody know the story behind this?
Did they really lose their access to the cold wallet???

[iHashFury]

Tweet it!

https://twitter.com/by24seven/status/895947480176656384

[JuJiShou]

poloniex is likely to lose control of this account
if so，a big thing

[sudo]

now

Balances
Asset   Balance
BTS      347 ！！！！！！！！！！！！！！！！！！！！！！！

[sudo]

https://www.cryptofresh.com/u/poloniexwallet

Asset   Balance
BTS   6,610,431

[paliboy]

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?

[R]

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.

[fluxer555]

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.

[paliboy]

BitShares deposit/withdrawals are disabled on Poloniex right now, again.