Let's hope it doesn't come to this Stellar is an open-source, distributed payments infrastructure. Submit a new link. CNBC reported … Read. In fact, the only service that will remain open for legacy accounts will be the ability to withdraw, and even this is going to be limited. Poloniex is a cryptocurrency-only exchange and is, in fact, one of the longest-running crypto exchanges there is. You were getting free XLM for having bitcoin right? Still little hope is: Stellar submitted 9 months ago by ohiomoonchild. The damages are clear, and exacerbated by the fact that stellar stands to gain by keeping that coin. I don't like the one suggestion in the responses of doing another snapshot. Stellar subscribe unsubscribe 77, readers 2, users here now Welcome! I just don't see it being possible, like at all. If you invest in a company after they announce that those who invest in them will receive a substantial payout in the form of more company stock, then when the time came they decided NOT to send out the company stock to those who invested We can't do it for Binance Label Neo Withdraw How To Send Money From Gemini To Poloniex. If polo is correct in their claims that they never agreed to be a distribution partner, than this is solidly your responsibility. Become a Redditor and subscribe to one of thousands of communities. People who registered using their Poloniex Bitcoin addresses probably feel most burned by all this back and forth between big players, because part of the registration process was giving their Facebook information, and so they cannot rightly register another Bitcoin address for the next distribution, which How To Trade Litecoin Cryptocurrency Halving Date place in the latter part of next month. We had a conversation with the Stellar team where explained the issues we had with the distribution method. Now not even distributing through poloniex is just a huge fuck up. Any open orders on a legacy account will be closed. I'm sure there are other issues but these are the ones that come to my mind. Log in or sign up in seconds. We are allowing them to give free lumens to all their Poloniex Xlm Why Are All Cryptos Going Down but it is up to them to actually do it. That's something for Cryptocurrency Prices Nxt How To Read Candles Crypto to sort. Sit yo broke cry baby entitled millennial ass down and move forward with life. They could and should create a claim system for Polo balance holders since it was their announcement that caused the damages. Am I missing something? However, a lot of users have suffered from spotty accessibility for several hours. It seems that while Poloniex users are free to buy and sell all the Lumens they want on the marketplace, Poloniex has no intention of disbursing the free coins owed to Bitcoin holders within their platform. Centralized exchanges continue to pose a problem for traders.
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For your information, I hold both, mainly on Polo and am annoyed too. Good luck with your lawsuit. Submit a new text post. Now sit down and have a cold beer and put your legs up. There isn't any legal obligation to give you the free Stellar. The coin pushed off the recent low, but trading volumes remain slim. Doesn't matter if they are free. Weekly Trading Overview October Bitcoin had a rollercoaster week, but investors took all in stride. I bet I'm not the only one. The company acknowledged the outage and trading resumed back to normal relatively quickly. Welcome to Reddit, the front page of the internet. This goes to show the platform cannot handle increased trading volume for an extended period of time. It seems that while Poloniex users are free to buy and sell all the Lumens they want on the marketplace, Poloniex has no intention of disbursing the free coins owed to Bitcoin holders within their platform.
Header image courtesy of Shutterstock. I'm still waiting with my btc in the exchange. Mastering Bitcoin For Dummies Bitcoin And Cryptocurrency Ethereum Prediction 10 Years polo is correct in their claims that they never agreed to be a distribution partner, than this is solidly your responsibility. The company acknowledged the outage and trading resumed back to normal relatively quickly. Now not even distributing through poloniex is just a huge fuck up. If you invest in a company after they announce that those who invest in them will receive a substantial payout in the form of more company stock, then when the time came they decided NOT to send out the company stock to those who invested Now sit down and have a cold beer and put your legs up. The accounts that do not go through this verification process, Buy South African Bitcoin Ethereum Wallet Setup to Poloniex, will no longer be able to deposit, Bitcoin Vs Federal Reserve How To Build Ethereum Mining Rig, lend, or open doors. Millions of dollars involved. During that time, trading just continued as normal, allowing some people to take advantage of the situation. I killed all my margin loans at that time to ensure I would receive the disbursement. But regardless where we are now is that if you are a polo user and want the distribution to happen please contact polo and ask them to support it. Through all of this back and forth between established crypto companies, Poloniex users just want to know when they will receive their free lumens. Shortly after this happened, the platform became unresponsive. But this week saw good days for altcoins as well, lifting Litecoin and Ethereum temporarily. Become A Crypto Millionaire. While both parties are likely to be named defendants, liability on stellar's end is very clear cut. So if you want to be productive I'd urge them to participate. The lawyer fees alone would be fun to deal. Stellar is an open-source, distributed payments infrastructure. You were getting free XLM for having bitcoin right? That's something for Poloniex Xlm Why Are All Cryptos Going Down to sort. Yes, Stellar should fix it and they try to do. Advertising Hire Write for Us.
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Stellar subscribe unsubscribe 77, readers 2, users here now Welcome! Ahhaha knew this would happen. Poloniex has some explaining to do, albeit it is safe to assume no one will be reimbursed for their Cat Cryptocurrency Automatic Trader Review Can I Buy Cryptocurrency Inusa. It was a misunderstanding between Poloniex and. I bet I'm not the only one. While both parties are likely to be named defendants, liability on stellar's end is very clear cut. Stellar Labs have had an ongoing program where they are giving away free Lumens to people who already hold Bitcoin. Am I missing something? It's just like Coca Cola handing out samples but they run. It would cost both organizations more money to try than to settle, and if they ignore I win a Bitcoin Cash Price Prediction 2018 Cryptocurrency News Ethereum that's collectible. Loans will have the auto-renew turned off. Submit a new link.
If this is possible Stellar would provide the instructions on what to do - basically how to set up an API key at Polo, and then share the key with them. Yes, Stellar should fix it and they try to do this. We can't do it for them. During that conversation never once told them that we would participate. We are allowing them to give free lumens to all their users but it is up to them to actually do it. I just don't see it being possible, like at all. According to a Poloniex employee on Reddit , Stellar never had any reason to believe Poloniex would be partaking in the distribution:. Weekly Trading Overview October Bitcoin had a rollercoaster week, but investors took all in stride. Either via an API or with some sort of cooperative agreement with Polo to share information on our account with our assent? The ball is in their court, it is up to them if they want to do the distribution to you guys. We had a conversation with the Stellar team where explained the issues we had with the distribution method. It seems that while Poloniex users are free to buy and sell all the Lumens they want on the marketplace, Poloniex has no intention of disbursing the free coins owed to Bitcoin holders within their platform. I'm still waiting with my btc in the exchange. It is unclear what occurred exactly, but we do know traders lost a lot of money in the process. Poloniex has some explaining to do, albeit it is safe to assume no one will be reimbursed for their losses.