Post
Topic
Board Speculation (Altcoins)
Re: POLONIEX its insolvent - Bolivarcoin Theory + Proff
by
NeuroticFish
on 18/05/2017, 09:56:44 UTC
So how is possible that POLONIEX trade 300.000 BTC a day and has only 4700 BTC on his wallet?

OP, please delete, lock, or throw this thread into oblivion.
Even if I don't like much Polo lately and it may have troubles, your theory is completely wrong.
1. Trading doesn't mean buying. It can be traded in any direction.
2. Trading on Bitcoin market means the sum of bitcoin and altcoin trades. And, although it would be useless (see point 1) you didn't add the altcoin wallets to the sum.
3. You totally missed the cold wallets which any smart exchange would use on a large scale.

So again, bury this thread, you just scare the less experienced people away from trading.