Post
Topic
Board Service Discussion (Altcoins)
Re: Poloniex = Scam exchange beware.
by
Red-Apple
on 17/03/2017, 13:16:40 UTC
Beware of Poloniex,

They use bots to pump and dump coins and ponzi schemes,  at the moment the exchange is pumping DASH which is a ponzi scheme,  they create these big pumps, attract investors who short them, them keep them stuck for weeks.  If you dont know Poloniex is designed to suck in investors, use bots to create fake volume.

i disagree with DASH being a ponzi scheme, there are lots of things wrong with that coin but being a ponzi scheme is not one of them. and yes DASH is not pumped big time and it will dump.

also poloniex is known to be the place for pump and dumps and they do it themselves too. everyone wants a piece of the action afterall! and when they do they use bots,...
but i disagree with what you said about "stucking traders"
they may finally pull a MtGox on us and run away though.