Post
Topic
Board Trading Discussion
Re: Poloniex caused the market to crash
by
goinmerry
on 09/05/2017, 16:34:27 UTC
No trades for the past hour on poloniex because of "server lag." Its been happening the past few days too. Mods say they are "working on it." Lol.

Pretty sad considering the daily profit they make from fees.

I don't consider it as a crashed. I see it has some advantaged. People take profits while at the same time having a chance now to buy another round of coins. Correction price is still not achieved as those who were recently pumped still experiencing a large volume upwards. The cycle will just continue so go with the flow.

What's new when there is a big pump, it will always accompanied by big dump so that is expected. Yes kinda worried if you have some big funds stored at Poloniex and with just a minor problem people will panic but we have nothing to do with it.