Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
smooth
on 21/05/2015, 00:44:39 UTC

Fuck you Poloniex. You screwed up here.

I'm not quite at this level of outrage, but I appreciate the sentiment.

I've seen some favorable rates on shape shift from time to time, and I'm strictly a small-timer, so that seems like the way I'll be going from now on.

Maybe after the dust settles someday I'll create a new account with my real name, but for now, my positions are set, and I'm digging in for the long haul.

My sentiment is solely about how they implemented the change. It is their prerogative to demand identification, but not to steal people's coins who happen to be offline for two days.

In my opinion the only legitimate way to make this change is to allow a choice to accept the new terms or immediately stop using the service and close your account and withdraw your coins without any artificial and aggressively-short deadline. Or at least explain that they are under legal order to seize coins and not allow a reasonable period for withdrawal if you don't agree to their new terms. They've done neither.

If they're under a gag order, tough shit. They still deserve the ire of the customer base they stuck it to. Get better lawyers.