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RE: Poloniex Disables Steem + SBD = 15% Profit?

in #poloniex7 years ago (edited)

@jerrybanfield telling people to use Poloniex is basically scamming. Poloniex is not solvent.

"

Disclaimer

Putting any money on Poloniex can be risky including the potential to lose all of it in the deposit or withdrawal phase. While I personally have only experienced delays with withdrawals and slow transactions on tens of thousands of dollars of transactions, I have seen a lot of stories of withdrawals "pending approval" for months and never going through. Use smaller amounts on Poloniex to get started and make sure withdrawals are going through and only put amounts you are willing to lose completely if everything fails."

A disclaimer like this is prohibitive Jerry

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On https://steemwhales.com/ Poloniex has 24 million Steem and 1.3 million Steem dollars. That is good enough for me to risk a couple thousand given they have been fair with me so far. If they end up crashing I will have a better story to share!

Poloniex is also the only entity in control of those steem and they have a reputation for scamming. I know you don't care about your thousands all you care about is pumping STEEM but telling noobs there is any sense in having a Poloniex account is like selling crack to a kid.

With the importance of reputation you mentioned, would it be best for us to only read and respond to comments from Steemit accounts over a certain reputation?

I dont quite see it that way that jerry is telling people to use polo. Hes simply sharing a minor way to earn dollar!

Earning a dollar you can't move out of Poloniex is not really earning a dollar is it.