State of the STEEM: Bittrex has put your Steem / SBD wallets offline again! If you are trading, Be Aware! Check exchanges always before a Transfer!

barrydutton (74)in #steemit • 7 years ago (edited)

Both SBD and STEEM currency wallets are down again - for maintenance it says. This has been happening an awful lot.

I have heard some of it has to do with currencies being up and down a lot -- creating too much volatility for pricing so an exchange simply takes it offline.

Either way, it definitely is a pain having them offline so much.

Look at using @blocktrades exchange connected here to our wallets, I will say again.

We need to help each other here.

Updates like this are just part of the way we can do that -- and more.

My Goals:

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We can do more, if we help one another.

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Please Resteem to let others know, even if this does not affect you personally!

I don't like people missing out on trading opportunities, it happens far too often

Thanks for reading, have a nice day.

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#steem #money #news #cryptocurrency

7 years ago in #steemit by barrydutton (74)

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ebargains (68) 7 years ago

Thanks for the heads up.

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1 vote

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barrydutton (74) 7 years ago

No problem, these updates are important, many people do not check the status before a transfer.

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pagoda (48) 7 years ago

Good idea to keep some STEEM on Bittrex to sell at high prices when wallets go offline and provide liquidity.

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3 votes

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bigp52 (25) 7 years ago

you are so right

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bearbear613 (67) 7 years ago

almost every other day now.

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1 vote

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barrydutton (74) 7 years ago

Hey!

yes, I actually just shared my tweet here as I usually do when I post things..... and did take the time today to tweet it to BITTREX -- hoping they will offer an explanation - there or here, ---- since they have an account here.

It is getting excessive like I say again here.......

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barrydutton (74) 7 years ago

Upvoted.

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journeyoflife (67) 7 years ago

I tried to do my first transfer today and it didn't work

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1 vote

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barrydutton (74) 7 years ago

Shoot, that is no way to have your first transfer go, I am sorry for that JOL.

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journeyoflife (67) 7 years ago

Didn't work out maybe when it's back up .

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barrydutton (74) 7 years ago

Upvoted.

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fosograf (31) 7 years ago

Wallets STEEM and SBD on POLONIEX for a very long time offline, so the price fell by almost 80%, when it is all correct and you can continue to trade normally STEEM-cryptocurrency??? :((

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1 vote

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anwarlabu (41) 7 years ago

great post barrydutton.
For new stream members like me, this post is required
thanks for shear

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barrydutton (74) 7 years ago

Thanks for commenting on the article today.

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csmit (41) 7 years ago

So do you really think Steemit is not a waste of time?
Please see my post in this regard at
https://steemit.com/steemit/@csmit/steemitwaste-of-time-some-key-questions-you-need-to-be-honest-about

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barrydutton (74) 7 years ago

https://twitter.com/BarryDutton/status/899717254362918914

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twitterbot (56) 7 years ago

Barry Dutton tweeted @ 21 Aug 2017 - 19:38 UTC

#Steemit #STEEM $STEEM $SBD update: Wallets offline AGAIN via @BittrexExchange - Happening a lot! #CryptoCurrency

steemit.com/steemit/@barry… / https://t.co/P3Ap1sB0uW

Disclaimer: I am just a bot trying to be helpful.

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amreshchandra (65) 7 years ago

Thats why i had put all my steem from bittrex in here. Apart from that had some buy limits placed, no idea whether had triggered! Need to take a look now, thanks for the head up and hopefully the steem wallet gets up and running!

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jyap (44) 7 years ago

Hi,

Bittrex is the top exchange for STEEM and SDB so processes a lot of incoming and outgoing transactions.

To clarify this claim from your article:
"I have heard some of it has to do with currencies being up and down a lot -- creating too much volatility for pricing so an exchange simply takes it offline"

Wallet maintenance of STEEM is NOT related to price or the actual market activity.

The STEEM wallet is one of the largest and CPU/RAM intensive with 1 to 3 second block time. It often hangs and crashes under heavy load and requires a restart and reindex which can take multiple hours to complete.

Thanks,
Julian (c/o Bittrex)

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barrydutton (74) 7 years ago

I had seen discussions last week with a couple of whales on here, --- one of which actually runs an exchange - and that was the essence of what I had mused about in my article.

Thanks for another POV on this. It is appreciated.

Is there any chance my email from last week I sent might be dealt with anytime - I know you are busy and delays -- can we talk offline here / or privately?

I am having some issues with my account. I will not post the ticket here -- but it was sent 8/14 in the evening, (EST)

TYIA and again for today.

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jyap (44) 7 years ago

Try Bittrex Slack (slack.bittrex.com) #customer-support channel

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barrydutton (74) 7 years ago

Will try to get to this tomorrow, my last blog of the day is up and need to get offline.

To be fair, which I am -- I did reply and thank Bittrex on my twitter post and directed people here for it.

You may be the person reading those, I am not sure LOL.

TY again and good night my friend, I followed you here earlier today.

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lemouth (72) 7 years ago

Thanks for this answer that clarifies the issue.

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