Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PWR] POWERCOIN - Distributed Computing made easy [NOW TRADING]
by
DisasterFaster
on 14/07/2017, 09:16:33 UTC
Well, think the reason is that they don't have any active nodes to process the withdraw

I can confirm this issue. I went over to Yobit and saw that I can buy up tons of PWR at about 1 satoshi. I already had a few thousand in my wallet there so I synched up my local wallet and tried to do  a withdraw. The PWR withdraw at Yobit isn't processing and gives a message that it's in cold storage. I submitted a support ticket and got back the following reply from them:

"The wallet is in maintenance mode and will take some time to fix. Sorry for any inconvenience. Be sure to check the wallet status before making any withdrawals."

It's going to be imperative that the coin is transact-able on at least one exchange or the coin will be dead in the water for sure.