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RE: EVERYONE NEEDS TO START USING BITSHARES!!! POLONIEX: The Scourge Of The Cryptocurrency Exchange Space Is At It Again . . . by onceuponatime

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· @onceuponatime ·
$117.20
Upvoted, Re-Steemed and Promoted to the TOP!  I NEVER use centralized exchanges. I use the Bitshares DEX.  **My wait for a deposit, withdrawal, or any transaction is 3 seconds!**  No bank or government or anyone else can seize, delay, or otherwise impair my funds. **It's called Financial Freedom and liberty and justice for all :-)**
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (52)
@abbeymelchizedek ·
In January 2013, one could buy a Bitcoin for about $13. By late November, one Bitcoin would have set a buyer back over $1100.
And till date is even higher, thanks πŸ™πŸ»
πŸ‘  
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@anarcotech ·
$0.30
Too right. Fight the power!
πŸ‘  ,
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vote details (2)
@bibek · (edited)
why don't you  never use centralized exchanges..? any reason?
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@onceuponatime ·
$65.26
Have you actually read. this post and the comments? Or are you just trolling me.

The whole post is giving reasons to never use centralized exchanges
πŸ‘  , , , , ,
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vote details (6)
@bibek ·
$0.90
Yes I read a whole post and your comment...but I am new in crypto world and had left some of my coin in polo and bittrex.My question is, is there serious issue on the centralized exchange system and can't trust them?

Only the reason they never respond your ticket and slow than  Bitshares DEX?
πŸ‘  
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vote details (1)
@rival ·
Sometimes, it's really crazy.. at least read the post. Come with questions which really contribute to the blog and community. Ilike you very clear view on this. I agree upon, but even if you don't agree come with reasons why. When do we get the winner for the 3 musketiers plans  in Greece?
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@dontstopmenow ·
$0.05
Apparently STEEM/SBD Deposits/Withdrawals are meant to resume on July 1st. 
Good opportunity to transfer funds OUT of Poloniex into Bitshares DEX or at least Bittrex!

Better safe than sorry guys! No need to be stressing out due to some incompetent shady exchange!
πŸ‘  
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vote details (1)
@freefromchainz2 ·
$0.30
You mentioned 2 things that really perked up my ears... Decentralized, and 3 seconds.... WOW! Just what I've been looking for. However I have to honest I just don't settle on one crypto on those exchanges (Polo and Bitricks) I hold a small portion of each. So when one is misbehaving I can pull the trigger on another.  Up voting and resteeming this one.  $PEACE:!
πŸ‘  
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@alihbadr ·
Please elaborate
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@ashaman ·
When one really starts misbehaving, it may already be too late...
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@heidelbaer ·
Thanks for saying this so explicit. All the information one needs to know about current crypto exchanges.
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@hinnehbessi ·
yeah...serve us now!!!
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@ilyastarar ·
We write better posts, better updates, better guidelines for fhe community but never get the response or support because we are minnows. 
https://steemit.com/poloniex/@ilyastarar/steemians-be-careful-these-poeple-are-complaining-of-losses-due-to-poloniex

I just hope. Thank you.
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@iuri ·
ok ok
πŸ‘  
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vote details (1)
@jankasparec ·
$56.07
Ha ha this comment just made my fucking day @onceuponatime. Screw 'em institutions! Following you brother!
πŸ‘  , , , , , ,
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@onceuponatime ·
$57.37
Yup, we can open the door, but it's up to each individual to walk through it (or not).
πŸ‘  , , , , , , ,
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@rival ·
That's true. but sometimes you need help from people to say what to open and what not. 

I have a question, I hope you want to see my post. Is this something common in your country? 

https://steemit.com/photography/@rival/20-3-2005-my-daughter-was-born-see-what-my-friends-did
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@kouloumos ·
$33.03
I am still really new on the cryptocurrency train and even newer at trading of any sort but I already made a note for Bitshares. I am planning to invest some money soon and if @onceuponatime promotes it with such a passion we have to try it =D
Learning is good, and it seems that in here it's a good place to learn.
I can't get into the shoes of you people that you are currently losing money because of this situation but if I can say one thing is that everything happens for a reason, just be positive.
πŸ‘  , , , , ,
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vote details (6)
@kus-knee · (edited)
$87.65
I just  had  a sizeable debt settled yesterday and I asked for payment in **bitusd**! Not only were the funds in my wallet within seconds but I can hold them in this stable currency and then trade them at my leisure.

**Don't Keep Your Funds on Centralized Exhanges.!**
πŸ‘  , , , , , , , , , , , ,
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vote details (13)
@matt-a ·
Woah, thank you so much for the promotion, man!  I jupped this @ $100 to help.  Much appreciated, that was TOO kind of you!  Followed back and will stay engaged with ya as well!

I used to say the same thing and then I got stupid and tried Poloniex.  Now I'm paying for the consequences.  NOW I have a lot of money that isn't showing up anywhere for 8 or 9 days now as well as a ton of crypto stake that cannot be moved whatsoever due to wallets being frozen (BitShares).

This is leaving one nasty taste in my mouth.  They still haven't replied with one single word . . .

Fully agreed, DEX only from here on out . . . We need to make some kind of movement to get more people onboard.  BTS needs to bust out some worker proposals STAT!!!

Again, thank you so much, you're too kind.
πŸ‘  
properties (23)
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vote details (1)
@musonius ·
Where are Bitcoins and other coins you are trading held when you are trading on Bitshares DEX?  Unless the coin is native to the platform, how are you not  trusting a third party like you would on an exchange?
properties (22)
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@nnnhhh · (edited)
$11.07
hmmm. i just registered accounts on bittrex and kraken. thanks for the heads-up with bitshares, i'll look into it!
πŸ‘  , , , , , , , , ,
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vote details (10)
@behamot ·
I have a slight problem with Kraken, they took far to many EOSES on every deposit. Reported a bug, but 4 days and no response yet
properties (22)
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@cryptoreturn ·
$0.96
better to skip kraken, imo. concubines of the state that take way to long to answer support requests.
πŸ‘  ,
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vote details (2)
@behamot ·
I have a problem with Kraken ( they charged me to much EOS on every deposit ) 4 days an no response from support
properties (22)
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@bigdee ·
I've used kraken for over 4 years and never had a problem with them of any significance, their fees are a little high, but what is the problem with them?
πŸ‘  
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vote details (1)
@iuri ·
sper sa miarga bine
properties (22)
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@eddymac87 ·
Release The KRAKEN!!
properties (22)
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@pedramhd ·
thank you for sharing these info with us. i would try to move all my funds from coinbase bitshare thats fantastic thank you thank you thank you
πŸ‘  
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vote details (1)
@phxurbangardens ·
Thanks for this never really knew about Decentral exchanges
properties (22)
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@quietbear ·
$1.17
I rarely upvote on comments, but yours, I did... Thanks for the useful info! :D
πŸ‘  , ,
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vote details (3)
@rival ·
$40.07
Really 3 secs? I will give it a try. Just started crypto a month ago but started with bittrex.  Thx for your very clear answer. How was the Greece trip? followed you. you must be one Lucky guy to be part of this community. keep sharing.
πŸ‘  , , , , ,
properties (23)
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vote details (6)
@ckcryptoinvest ·
$0.02
IΒ΄m using Bittrex as well. Never had any issues with them. Bitshares doesnΒ΄t have that many coins so itΒ΄s very limited in use-cases.  If they would add more coins I would use it but so far not really an option. Just my opinion ;)
πŸ‘  , ,
properties (23)
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vote details (3)
@ashaman ·
BitShares has more coins without liquidity than with, it's a bit of a chicken or the egg problem. The only way liquidity will increase is if people use it - so we have our work cut out for us. 

Even OpenLedger IOUs are better than using a centralized exchange. The risk of a hack is much lower, because thanks to the DEX OpenLedger's attack surface is much smaller than a centralized exchange
properties (22)
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@onceuponatime ·
$98.41
You are going to work hard, spend innumerable hours trading, face down countless risks with equanimity and grow your net worth to a distinguished level making you a pillar of our crypto society!  You will keep it on a trusted centralized exchange because the liquidity and trading choice is larger and you become complacent to the risk over time.

...................................................and then it's gone!
 
Have you no sense of history? Even the very short history of centralized crypto exchanges? No exchange overcomes the temptation to fractionally reserve in the long run as investors and shareholders clamor for more profits.

Just as no fiat currency has ever, in the long term, not been printed into oblivion by the lust for power in men's souls.
πŸ‘  , , , , , , , , , , , , , , , , , , ,
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vote details (20)
@zorro7 ·
Bittrex FTW! Use it as well.
properties (22)
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@sauna ·
Yeeaah! I've been preaching the bitshares/openledger gospel on here for a while, it is the technology of the future. It has the potential to make conventional exchanges and banks obsolete. It's awesome! Upvoted and followed.
properties (22)
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@styxer ·
Promoted this article and Upvoted!
πŸ‘  
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vote details (1)
@terrybrock ·
$68.20
Thank you for sharing your insights on this, onceuponatime. I've had similar experiences with Bitshares DEX and been delighted with the 3 second time for transactions. This is most delightful in a world of increased speed and costs. Upvoted & will resteem.
πŸ‘  , , , , , , , , , , , , , , ,
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vote details (16)
@jknogh ·
can you educate me on the bitcoin,it seems interesting,fast and profiitable.
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vote details (2)
@globearn ·
Searching for Nigerians
Please  acknowledge. 
It would be fun.
We need your supports to make the Nigerian Steemian Community.
https://steemit.com/steemit/@globearn/nigeria-community-on-steemit
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vote details (2)
@terrybrock ·
A good place to start is bitcoin.com. They have a lot of tutorials and info you can read to get up to speed. Plus, YouTube is a great place to find a lot of videos about what can be done with bitcoin. You'll enjoy it.
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@theofilos77 ·
$10.28
ok Bitshares DEX then..
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@xianda ·
Thanks for this comment @onceuponatime! much needed information in the jungle of information about cryptos..will definitely have a look at bitshares! I'm in for the financial freedom and liberty! ;)
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