So, people started trusting it.
Still, wonder why so much price difference from yobits price. Does it have more IOUs?
Yeah, something don't match, why traders don't transfer BTC to buy cheaper? Something fake there.
Here is a clearer picture. Yobit = Bloombit. The latter popped up one month back to facilitate artificial swings. Both are run by the same person.
Why so big price difference between them?
Bloombit is less populair then yobit and lest trusted as far as i know, maybe newer aswell and that can be the diffrence.
Would you send your btc somewere ?
Theres no difference here. Its just that yobit boy/owner whoever he is, paid 30 btc for some purple nitty script one month back, set a 3 step framework on his site, note this domain bloombit.net was acquired on 2015.08.12. Bought then some ecommerce template and put his script on. Here u got the exchange up and running. Maybe a paid software engineer was aiding him in deploying the new site at that time. Its the same guy and made bloombit to assist scam swings in iou token and has nothing to back it up as he doesnt own lisk.
This Bloombit price makes no sense:
Yobit $ 3.35
Bloombit $ 1.43 WTF?
It actual makes perfect sense. You will continue to see Yobit drop until it comes in line with Bloombit.
that means some guys are giving free $$$.