For those selfish, short sighted ignoramuses out there still singing the praises of Poloniex because they personally have not yet been affected by Poloniex's arbitrary withdrawal delay tactics - hopefully you'll be next!
For the rest of the community out there who are outraged at Poloniex's brazen withdrawal delay tactics - I hope you get all your money out before they (Poloniex) freeze ALL withdrawals!
Below is a snippet of the latest troll box feed highlighting all the users who are being f..cked around by Poloniex ... having their withdrawals effectively blocked via their innovative status called "awaiting approval" - which of late simply means "f.ck you and your withdrawal" ... the withdrawal will stay stuck in this status for 72 hours and longer and will eventually be deleted!
Very few of these withdrawals "awaiting approval" have actually been manually approved during the past two weeks at least from my personal experience as well as what i'm reading all over the internet!
This is the case even when these users log tickets with their underwhelming support team. Tickets are ignored for 72 hours all the way up to 2 weeks and even more!
And for the minority of users with this issue who actually do eventually get their withdrawals manually approved by the lame support at Poloniex there is unfortunately an identical horror story awaiting them for their next withdrawal attempt... their next withdrawal will again be delayed into "awaiting approval" status for their next withdrawal attempt!
Seems as though once an account has been flagged for this kind of harassment it continues indefinitely and effectively their accounts will permanently have to endure their painfully slow manual withdrawal method instead of the automated withdrawal method which is the default.As a result these users (mostly on level 1) are no longer able to withdraw 2k worth of funds per day (as advertised) but are relegated to withdrawing up to 2k worth at a time but every such withdrawal now becomes an arduous manual process by Poloniex's inept understaffed "approvals" team and takes anything from 72 hours (if they are lucky) to over 2 weeks to be approved (depending on whether or not you raise a ticket for each such withdrawal).
Thus as you can appreciate - all these users whose accounts have been flagged to be harassed for manual withdrawals are now effectively reduced to withdrawing 2k worth of coins per 2 weeks!
How long would it take such a user to withdraw 50 btc from his account? yes - TWO YEARS!!! and THIS is exactly what Poloniex wants... to misuse AML and security concerns to effectively hold a large percentage of users' coins semi-permanent hostage!
If you dont believe me - have a look at this thread -it's a feed from Poloniex's troll box where desperate users are very politely trying to get assistance with all these withdrawal issues which Poloniex itself CREATED!!
http://rorobo.com/poloniex/search_chat.php?q=withdrawal The bolded bit - that's down to normal security precautions. If you have been messing around using VPN's and whatnot, they HAVE to put in delays because they have no idea whether the next time there is going to be a genuine problem, and guess what, if there is, they'll be the ones blamed.
There are loads of other exchanges out there, pick one, stop all piling into Polo and then moaning.