Case for the DEX: Poloniex Crashes during massive Stellar Short, Panic Ensues

sandwich (60)in #poloniex • 8 years ago

Same Sh*t, Different Day

Poloniex crashes for the 2nd time this week, resulting in an ability to close margin positions, with reports of massive profit loss.

Screen Shot 2017-05-08 at 12.55.03 AM.png

Poloniex Responds

Screen Shot 2017-05-08 at 12.56.00 AM.png

Except not, Poloniex, because the market is moving, and you being down means people cannot make moves. I've never seen the Trollbox as pissed as it was tonight

Screen Shot 2017-05-08 at 12.59.11 AM.png

Screen Shot 2017-05-08 at 12.59.28 AM.png

Screen Shot 2017-05-08 at 12.58.54 AM.png

Screen Shot 2017-05-08 at 12.59.02 AM.png

In other news, I watched the net capitalization of crypto drop $2,000,000,000 in about 30 minutes.

#stellar #dex #bitshares

8 years ago in #poloniex by sandwich (60)

$0.18

12 votes

Sort:

Trending

[-]

vato (56) 8 years ago

Yes, use bitshares.org

$0.00

[-]

sandwich (60) 8 years ago

I use Bitshares, run bots on Bitshares and I even have something I've been writing about BItshares for almost 6 months. However, outside of arbitrage, it's not practical for day-to-day trading due to low volume. It's actually the low volume bit that I'm writing about, and a thought experiment about how to address it.

$0.14

1 vote