Re: Cryptopia Cryptocurrency Platform Services and Development
I don't want to spread FUD and sadness, but I was thinking...
Think at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?
I still believe that there are people who will do the right thing no matter what the situation is. The idea of running away may have crossed their minds knowing that most users (if not all) will leave the exchange anyway if they reopen. However, we are not sure if they'll go that way, well I hope not. I'll just wait and seeThink at the owner of an exchange that has been hacked, therefore has totally lost users' trust. He has (?) million of dollars on cold wallets and he perfectly knows that when will reopen, ppl will run to withdraw EVERYTHING and go trade elsewhere. He will face very hard months, in addition in a bear market that has already killed some exchanges. If you were him, what would you do?
If there was any chance of Not having a mass exodus from cryptopia then they should have taken action and communicated what they could .. they just clammed up and are hiding behind the police newly spawned exchanges are lining up to take all their customers and listed coins.
Hacks can and Do happen If this was one or inside job I cant say for 100% but the thing a exchange can control is the Aftermath and they clearly shit the bed on this.
i never thought that am going to scammed by this way i thought cryptopia was better than hitbtc and yobit at the end craptopia mask down
Already a lot of new exchanges have stepped in and are trading the coins I like such as Coinex.com, freiexchange.com, probitex.com, tradsatoshi, Southexchange, Mercatox, and others. I hope they come back up but I didn't like the way they operated a lot of the time. Developers paid good money to be on there and would get delisted for what seemed like slim reasons, I think rudeness was one, like if
you don't like how you are getting treated (maybe it was cryptopia who was being rude in the first place?).
They have had STRONG support by a lot of big voices in the community. I think this led me to trust them with more coin than I should have.