Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Sia - Decentralized Storage
by
adabau
on 07/01/2018, 22:32:38 UTC
any reason why wallets are locked on Bittrex ? Just regular maintenance ?

And will the price go down when they unlocked them ?
Maybe your account is not verified check it
I would say that the Wallets on Bittrex and on hitbtc and any other exchange that is higher than poloniex because they want to keep anyone from buying on one exchange say poloniex at $.06 and selling it at hitbtc at $.15 into btc and sending it back to poloniex and doing it again. Poloniex wallet is running just fine but it is also trading at the lowest price.

Nope, the disabled wallet is the reason for the price difference and not the other way around
I agree. Price run ups happen when a wallet goes down for maintenance (maybe not all the time, but it has happened a few times that I have seen (e.g., XP on coinexchange recently), but I would think the opposite would happen. Disabling a wallet should cause ppl to sell on the given exchange, not buy.
I know that wallet goes down for maintenance because it allows for exchange to pump coin easily with less funds. Without risk that can come some big holders and sell all their token.