Topic: Calling for ban on Yobit (Read 203 times)
I did come across this while posting my thread I think its probably better to just quote this in that thread.
I have just got back from my vacation and have discovered that Cryptotalk that I was advertising before have changed their advertising banners to advertise "InvestBox"
@theymos I think this has to be the final chance that Yobit has had on the forum. They have recently changed their signature campaign to advertise a highly suspicious and probable pyramid scheme which will only harm the community.
They have been banned in the past for spamming and have caused a lot of spam this time around. Yahoo did help by removing the majority of spammers but I don't think the forum should be allowing services such as these to remain on the forum even if they are not officially endorsed. I get why scams are not moderated typically but allowing scams to advertise and be a cause of several infringements in the past is unacceptable.
Here's what investbox is according to yobit:
They might claim that this is not a pyramid scheme....but they are lying. Even if this was not a pyramid scheme (which it is) The idea of a company not being transparent and telling its investors that payments come from a "special fund" is crazy. Yobit have had a chance to clean up their act but this has ponzi written all over it and the initial high payments for advertising their signature now make sense.
Yobit made headlines because is was the e most paid advertising campaign when they could have offered a lot less and would have probably still had a lot of people advertising their services instead they wanted to get further publicity and be featured in several discussions over the internet before turning their fake signature campaign into an advertisement for a pyramid scheme which they will probably be relying on to generate that initial investment they made in the signature campaign and a lot more.
Yobit have been accused of several wrongdoings in the past but this community gave them the benefit of the doubt as long as they were not advertising their exchange. They are now doing even worse than that and are advertising a highly probable ponzi pyramid.
Anyone that is promoting this pyramid scheme should be notified and then red tagged if they are unwilling to stop advertising a ponzi pyramid.
@theymos I think this has to be the final chance that Yobit has had on the forum. They have recently changed their signature campaign to advertise a highly suspicious and probable pyramid scheme which will only harm the community.
They have been banned in the past for spamming and have caused a lot of spam this time around. Yahoo did help by removing the majority of spammers but I don't think the forum should be allowing services such as these to remain on the forum even if they are not officially endorsed. I get why scams are not moderated typically but allowing scams to advertise and be a cause of several infringements in the past is unacceptable.
Here's what investbox is according to yobit:
Quote from: https://yobit.net/en/investbox/
Invest your free coins to InvestBox! It’s a tool for devs to promote their coins. It’s NOT Pyramid/HYIP, all payments are made from special fund.
InvestBoxes can change status from Active to «No coins», but you can close your investment any time, it’s 100% safe.
InvestBoxes of AIR have a new type (no investment close, you can only get daily percent).
InvestBoxes can change status from Active to «No coins», but you can close your investment any time, it’s 100% safe.
InvestBoxes of AIR have a new type (no investment close, you can only get daily percent).
They might claim that this is not a pyramid scheme....but they are lying. Even if this was not a pyramid scheme (which it is) The idea of a company not being transparent and telling its investors that payments come from a "special fund" is crazy. Yobit have had a chance to clean up their act but this has ponzi written all over it and the initial high payments for advertising their signature now make sense.
Yobit made headlines because is was the e most paid advertising campaign when they could have offered a lot less and would have probably still had a lot of people advertising their services instead they wanted to get further publicity and be featured in several discussions over the internet before turning their fake signature campaign into an advertisement for a pyramid scheme which they will probably be relying on to generate that initial investment they made in the signature campaign and a lot more.
Yobit have been accused of several wrongdoings in the past but this community gave them the benefit of the doubt as long as they were not advertising their exchange. They are now doing even worse than that and are advertising a highly probable ponzi pyramid.
Anyone that is promoting this pyramid scheme should be notified and then red tagged if they are unwilling to stop advertising a ponzi pyramid.
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