Post
Topic
Board Exchanges
Re: KRAKEN down for 24 hours!! Worst exchange ever for me...
by
JammyJimmy69
on 12/01/2018, 23:18:29 UTC
yes only IF you can access your fund again! The hope of KRAKEN coming back with our fund is fading away every moment..

They have had a system upgrade a few days back, which might have resulted in some problems. I don't see any reason for people to start speculating about Kraken to never come back. Kraken, if we ignore their recent issues, has always been a solid exchange -- their only problem is that they have badly suffered from the growth in the way that they didn't seem to take it seriously initially. If they would, the recent outage problems causing people to lose precious money making opportunities wouldn't be a huge issue as it has been recently. Their incompetence has made people go through a lot unnecessary hassle and money costing opportunities....
Don't talk crap! Kraken has been unreliable for a very long time and this is the last straw for 99% of us. It's now big news and there's no way that they'll ever recover from this. We have to accept that all funds on Kraken have gone down with the company. Due to lots of expected law suits against them, they'll have no choice but to file for Chapter 11 next week. They have collapsed and will never be seen again. This could force other exchanges to freeze activities until regulation is in place.

This is the "Big One" that'll put an end to easy crypto profits. I'm selling everything this weekend as I now want out. I've made enough money to not have to work again. Others are not so lucky and face financial ruin due to Kraken.