Topic: DO NOT TRADE WAVES WITH YOBIT! WARNING (Read 1824 times)
They pulled back on Waves because of the vast number of coins held by few people, indicating a future pump and dump. Once the supply is more spread out, it will work better.
How is this any different to trading margins or futures?
Either you trust the exchange or you don't.
Either you trust the exchange or you don't.
what's the matter here=? I don't understand.... 
The exchange is making money selling WAVES they bought at the ICO at a higher price to public. (they don't hold WAVES in their wallet, just selling the number on the ICO page well in advance)
Simply, you cannot sell WAVES (except the ones you bought at Yobit) but you can buy them. which means Yobit is simply dumping the risk on those who are unaware of this while making a very high guaranteed profit.
Yobit do this kind of thing ? I thought yobit is a good exchanging site.
Thanks for your info, though.
How is this any different to trading margins or futures?
Either you trust the exchange or you don't.
Either you trust the exchange or you don't.
what's the matter here=? I don't understand....
The exchange is making money selling WAVES they bought at the ICO at a higher price to public. (they don't hold WAVES in their wallet, just selling the number on the ICO page well in advance)
Simply, you cannot sell WAVES (except the ones you bought at Yobit) but you can buy them. which means Yobit is simply dumping the risk on those who are unaware of this while making a very high guaranteed profit.
thank you for this explanation!
How is this any different to trading margins or futures?
Either you trust the exchange or you don't.
Either you trust the exchange or you don't.
what's the matter here=? I don't understand....
The exchange is making money selling WAVES they bought at the ICO at a higher price to public. (they don't hold WAVES in their wallet, just selling the number on the ICO page well in advance)
Simply, you cannot sell WAVES (except the ones you bought at Yobit) but you can buy them. which means Yobit is simply dumping the risk on those who are unaware of this while making a very high guaranteed profit.
what's the matter here=? I don't understand....
They can trade anything just like 1broker does its like a trading platform but fake
I don*t need a warning not to trade with Yobit, who would go to Yo Bit I don*t go to Yo Bit cause of what they do.
Thanks
Thanks
People are still loosing money in ICO and all the altcoins. These may be new persons in crypto. We need to educate them about scams with threads like this. Good work.
They won't receive full node code from Waves devs.
How is this any different to trading margins or futures?
Either you trust the exchange or you don't.
Either you trust the exchange or you don't.
Let people lose their own money. You can't cure stupidity.
DO NOT TRADE
no
we do NOT endorse this. This is bad for crypto. DO NOT TRADE IOU.
Waves coin [WAVES] trade is open: http://yopussy.net/en/trade/WAVES/BTC . We bought some amount of coins on ICO. Deposits and Withdrawals will be disabled until chain launch.
Donate WAVES coins to our Giveaway: https://yobix.net/en/freecoins/
Please report about WAVES update/fork/issue here: https://yobixxx.net/en/reportupdate/WAVES
Code:
[url=https://yobix.net/en/trade/WAVES/BTC][img]https://yopussy.net/imginfo/WAVES[/img][/url]
Donate WAVES coins to our Giveaway: https://yobix.net/en/freecoins/
Please report about WAVES update/fork/issue here: https://yobixxx.net/en/reportupdate/WAVES
no
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