Pages:
Author

Topic: Have you seen Yobit's new signature design? - page 10. (Read 5751 times)

copper member
Activity: 2184
Merit: 4241
Join the world-leading crypto sportsbook NOW!
December 23, 2019, 07:22:58 PM
#38
The only thing I can find that's legit about Investbox, is that it's legitimately a scam!  The wording of the little literature they provide about the service is a contradiction in itself.  "InvestBoxes can change status from Active to «No coins», but you can close your investment any time, it’s 100% safe."  WTF?  If the "status" can go to "No coins" it isn't 100% safe.  It isn't even 1% safe.

Then there's the issue of that pesky thing called math.  There is no way they can sustainably pay the kinds of returns they advertise.  Even if you take the lowest percentage investment; from 0.01 to 10 bitcoin at 0.1% daily, you'd be making 43% a year.  If you were to take their highest paying straight percentage "investment;" 1 billion X10 tokens (which Yobit claims to be worth 220BTC) at 12%, after one year you would have 181 quintillion bitcoin.  Seem hard to believe?  That's because it's impossible.

Below is a list of the "investments" they offer which have "action," and their percentages.  

||.Coin || Percent ↑ || Period || MinInvest || MaxInvest || Action  ||
||.LIKE || 2*(1+Yo/20)% || Daily || 9000 || 9000000 || LIKE/BTC: 10 buy trades  ||
||.LIKE || 2*(1+Yo/20)% || Daily || 9000 || 9000000 || BTC: 10 ds + 0 LIKE sells  ||
||.X10 || 0.12 || Daily || 10000 || 1000000000 || 10 Yo Tokens  ||
||.LIZA || 0.1 || Daily || 2 || 10000000000 || YO/BTC: 10 buy trades  ||
||.LIZA || 0.1 || Daily || 2 || 10000000000 || BTC: 10 ds  ||
||.SKYMAX || 0.04 || Daily || 50000 || 50000000 || YO/BTC: 10 buy trades  ||
||.SKYMAX || 0.04 || Daily || 50000 || 50000000 || BTC: 10 ds  ||
||.LAMBO || 0.04 || Daily || 230 || no || YO/BTC: 10 buy trades  ||
||.LAMBO || 0.04 || Daily || 230 || no || BTC: 10 ds  ||
||.TRIX || 0.03 || Daily || 500 || 2000 || BTC: 10 ds  ||
||.LIMBO || 0.03 || Daily || 270 || no || YO/BTC: 10 buy trades  ||
||.LIMBO || 0.03 || Daily || 270 || no || BTC: 10 ds  ||
||.AIR || 0.02 || Daily || 1 || 100000 || AIR/BTC: 10 buy trades  ||
||.AIR || 0.02 || Daily || 1 || 100000 || AIR: 10 ds + 0 air sells  ||
||.PONY || 0.02 || Daily || 10000 || 20000000 || 2 Yo Tokens  ||
||.SEX || 0.02 || Daily || 0.1 || 4000 || SEX/BTC: 10 buy trades  ||
||.SEX || 0.02 || Daily || 0.1 || 4000 || BTC: 20 ds + 0 sex sells  ||
||.LIZUN || 0.02 || Daily || 800000 || 10000000000 || YO/BTC: 10 buy trades  ||
||.LIZUN || 0.02 || Daily || 800000 || 10000000000 || BTC: 10 ds  ||
||.AIR || 0.01 || Daily || 1 || 100000 || AIR/BTC: 10 buy trades  ||
||.AIR || 0.01 || Daily || 1 || 100000 || AIR: 10 ds + 0 air sells  ||
||.NAX || 0.01 || Daily || 1000 || 20000000 || BTC: 10 ds  ||
||.PANDA || 0.01 || Daily || 700 || 14000000 || 0.1 Yo Tokens  ||
||.BTC || 0.01 || Daily || 0.01 || 1 || 25 Yo Tokens + 200? Frog  ||
||.BTC || 0.01 || Daily || 0.01 || 1 || + 60? Panda + 400 Sex + no sells on Yo pairs  ||
||.YOBIX || 0.01 || Daily || 500 || 5000 || YO/BTC: 10 buy trades  ||
||.YOBIX || 0.01 || Daily || 500 || 5000 || BTC: 10 ds  ||
||.YO || 0.002 || Daily || 0.5 || 1500 || YO/BTC: 20 buy trades  ||
||.BTC || 0.001 || Daily || 0.1 || 10 || BTC: 10 ds + 100 000 Frog + 30k Panda + 200 Sex  ||
legendary
Activity: 2380
Merit: 5213
December 23, 2019, 07:17:19 PM
#37
I have used Yobit exchange for trading a few altcoins such as Ethereum, Dash and Litecoin. Honestly, I haven't experienced any problem.
Lets's assume there is no problem with Yobit and there is no problem with Investbox. But the main problem is not Investbox. The main problem is X10.

Look at the new signature.
It says "BuyX10". So even if Investbox is not a ponzi scheme or any other kind of scam, the problem is not solved.

What is X10? If I know what is X10, then I change my signature.

Where is the blockchain? How transactions are done?
How much is the total supply and circulating supply?
What is the website?
Where is the team?
How should communicate with developers?
Where have the coins come from? Was there any ICO/IEO?

If there is no blockchain, there is no real coin. Investors don't buy any coin. Investors give their money to Yobit. Instead, Yobit show them a number in their wallet as their balance.

As I said, I assume there is no problem with Investbox. I know how it works. It's simple. We invest our coins and we get interest. Please tell us what is X10. Then I will change my signature if I am convinced.
legendary
Activity: 1007
Merit: 1010
★YoBit.Net★
December 23, 2019, 06:35:12 PM
#36
Yobit Investbox - it's not ponzi, you can check this video to understand how it works - https://drive.google.com/file/d/1IQY6Ly1pFCGM7e9jV5M7m4Sv78h7Y5jR/view

InvestBox plans for btc are limited and have strong conditions (user need to have some amount of Yobit tokens and e.t.c. to get his daily %), it's just an advertisement tool with fixed budget, if it ends - user can close his investbox investment and withdraw or exchange coins anytime.
legendary
Activity: 1820
Merit: 1464
Self made HODLER ✓
December 23, 2019, 04:57:14 PM
#35
Currently I just don't understand how the damn thing works and I need to find somewhere to educate myself on this.
That's pretty much the point. No one understands how it works because they purposefully give no details. All they do claim is that it definitely isn't a Ponzi (because everyone knows projects which aren't Ponzis have to declare in capitals that they are definitely NOT Ponzis).

Even ignoring the points regarding many of their offered investments being shitcoins, they have offerings for BTC of up to 1% daily or 15% weekly. They also claim "it's 100% safe". This is categorically not possible.

15% weekly on BTC? 100% safe? Wow! Why do people even bother to wear signature for pennies when you could just sell your home, "invest", and be multimillionaire in a matter of months?

I need to hear more! .... And some popcorns too.



P.S.: Irony apart. I don't really like to talk without knowing even a little. So I just went to check what is that InvestBox thing. And here is my preliminary opinion:

- It seems that there are "investment plans" that someone can create, not just yobit themselves. For different coins/tokens etc.

- It *seems* that they say it is safe because the wallet from which the interest will be paid must be prefunded, and when it runs out of coins the investment plan will become inactive... the consequences of which I don't know.

- The shitcoins for most of the plans are probably coming from own emission or airdrop budgets or something. They are shitcoins anyways, so who cares. DYOR.

- I don't see a 15%/week plan on BTC

- I do see one 1% daily BTC plan though. But max investment is 1BTC. We all know that's not sustainable, but it could be a ponzi... or just an "introductory offer" in which some will take advantage while "supplies" last (at their cost) and will quickly reduce the rewards. That's still highly risky... If you don't know how someone is making money to give you some profit to you... they are probably "stealing" it from you (or others).

- Also it seems that the investment plans give shitcoin rewards (which probably come from free emission to them or the investment plan creators) for ie "investing"/depositing BTC.

So maybe a bit early to definitely call it a "scam" or a ponzi without more conclusive evidence... but fishy for sure. Nothing new under the sun though.

#YMMV #DYOR
legendary
Activity: 2268
Merit: 18586
December 23, 2019, 04:41:07 PM
#34
Currently I just don't understand how the damn thing works and I need to find somewhere to educate myself on this.
That's pretty much the point. No one understands how it works because they purposefully give no details. All they do claim is that it definitely isn't a Ponzi (because everyone knows projects which aren't Ponzis have to declare in capitals that they are definitely NOT Ponzis).

Even ignoring the points regarding many of their offered investments being shitcoins, they have offerings for BTC of up to 1% daily or 15% weekly. They also claim "it's 100% safe". This is categorically not possible.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
December 23, 2019, 04:27:30 PM
#33
yes what is the sequel friends? none of us want a ban or negative but we wish the campaign to continue.
we hope that a good result will be achieved, maybe it will continue as before "cryptotalk" Smiley

We don't know that yet, I already got a feeling that they just used this Cryptotalk campaign as a stepping stone to gain some participants in preparation for this "InvestBox" investment scheme.

It can be but I think they needed strong promotion for the Cryptotalk forum. And for the wide promotion, the Cryptotalk forum has thousands of regular posters now! Therefore people can earn a penny by posting in that forum too, so posters are stable.  But when Yobit realizes that the forum has enough members and it's growing they come out from their good musk and open the scammy invest box, lol!
legendary
Activity: 2744
Merit: 1512
December 23, 2019, 04:08:25 PM
#32
Responses such as this 1 seem so hypocritical IMO. I was ok with getting paid by Yobit as long as I was advertising cryptotalk. The exchange was good to use while they were paying me to post about another forum, but now that they are promoting something in their site, I am not ok with it.

There's a fine line between advertising an Cryptotalk.org and advertising a ponzi scheme. Where's the hypocrisy in that? I could have easily switched signatures and started posting but what's the point? There's a fine line and Yobit crossed it, within reason. I had these grievances before I wore the signature so it's not a matter that they were nonexistent before. But I'm not going to say a poorly run exchange is a scam because people can/need to due diligence before using any exchange. That being said, an exchange that does in fact promote a ponzi is not something I agree with. I just now found out about the EGold, Moon, ect. currencies that went to zero so respectfully, I wouldn't say that's hypocrisy at all.

legendary
Activity: 2828
Merit: 6108
Blackjack.fun
December 23, 2019, 04:03:46 PM
#31

Yeah, that's the only API that would be able to get you 300% a month, too bad only the citizens of Laputa can use it right now.
And probably CS's API that works like a privatekey...

Don't know how I missed that part  Cry , too many scams, too many failed projects, I need an upgrade to keep up with them.
legendary
Activity: 3584
Merit: 4420
December 23, 2019, 03:50:05 PM
#30
I left the campaign after seeing the new signatures. Yobit is just an exit scam waiting to happen and it's blatantly obvious at this point. You can find stories of people's balances being locked and professionalism is nonexistent with this exchange. They would send out emails with blatant typos and they could barely even run their signature campaign without leaving users in the dark in regards to payouts. In addition to fake trading volumes I don't think anyone should be promoting their ponzi garbage. It's pathetic that any exchange that wants to consider themselves reputable would pushing for this so I'd suggest anyone that has money on Yobit withdraw it before they do it for you in some "hack".
Responses such as this 1 seem so hypocritical IMO. I was ok with getting paid by Yobit as long as I was advertising cryptotalk. The exchange was good to use while they were paying me to post about another forum, but now that they are promoting something in their site, I am not ok with it.

Look guys, I was blindsided by all this myself. I woke up to a load of PMs here and messages on telegram regarding the situation. Being as the case is what it is, I did ask awhile back about thoughts on myself looking over their campaign. THREAD FOR REFERENCE and the consensus was overwhelmingly that users would rather I be in some sort of control of the campaign vs noone at all. When this topic was created I had assumed that they would be advertising the exchange as well, not a different forum. My assumption is all of you thought the same thing being as cryptotalk was not even in existence yet.

Now on to today. Like I said before I woke up to all these changes, and i'm not personally ok with all of them. I never was managing the campaign, but rather trying to control the spam, which I think I have done a damn good job of doing for the most part, along with a great deal of help by a lot of community members. The Investbox has been a part of the exchange for awhile now. Not sure when it was introduced.

I know the general consensus of Yobit as an exchange is poor. I personally have never had an issue there but that doesn't mean others have not. I also know that almost every other exchange has had accusations against them as well. So generally they're all in the same category for me. Use them at your own discretion.


I'll wait for yahoo's decision on this before making any changes to my signature. This looks like a breach of contract on the part of yobit.

This user said it best as far as my deal with YoBit. They contacted me Sep 27th of this year and asked me to handle the cryptotalk campaign. They never said anything to me regarding Yobit exchange minus that's where payments would come from. Anyone with any sense obviously would come to the conclusion cryptotalk was ran by yobit though. So in a sense people were advertising for Yobit the whole time.

I'm not 100% in agreement that the investbox is a ponzi or pyramid but I could be wrong. Currently I just don't understand how the damn thing works and I need to find somewhere to educate myself on this.




Here's what investbox is according to yobit:
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).



From what AverageGlabella posted apparently from Yobit's invesbox page, it's supposed to be investing of your free coins. Again I really do not know, so I am trying to find out.

Conclusions I have come to regarding these changes.

1. looks as though the cryptotalk campaign is over
2. my contract with them has ended
3. I am sending admin a message regarding this new campaign. I will be asking if the signatures can be changed. I would also like someone to have direct contact with regarding when their balance goes empty. I want better communication skills from them period or it's a no from me on continuing any sort of cooperation with them.

To the users who have or will change to this new signature. Do it at your own risk. DT is going to do as they please, even though I don't wholly agree with decisions to red tag the users at this point. Noone really tagged livecoin participants and this is no different.

I really don't like users using the excuse," I'm waiting to see what yahoo does before I do anything" You guys have a brain and your own opinions. Do what you feel is correct. Don't use me as your scapegoat.

To users who do or plan to use Yobit. Do your own due diligence and research something before blindly tossing money into it.

I know we are going to see varying opinions on this issue for both sides of the argument. Let's keep it civil while the discussion is happening and I will report anything that they respond to me with regarding this new campaign and my decision on whether to continue or walk away.
hero member
Activity: 1232
Merit: 669
December 23, 2019, 03:39:55 PM
#29
I feel that this whole situation is a bit hypocritical for all those who generated money with the Cryptotalk campaign.

I am not going to defend and/or accuse anyone, but after they changed the signature to "generate 10% per day" without clearly pointing out all the risks associated with using this type of unsustainable investment.

I'm not into that, I'm not going to promote that.


Okay, this is getting out of control.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
December 23, 2019, 03:38:02 PM
#28
Yobit strikes again. Lol. The Cryptotalk forum looks good to me and I saw many people already started promoting their bounties on Cryptotalk forum instead of Bitcoingarden and Altcointalk forums! But finally, Yobit comes out from their vizard and opens their real nature which is this invest box. No one has problem with the Cryptotalk signature code but I believe everyone will boycott and remove this shit scammy signature banner if Yobit doesn't change it.
legendary
Activity: 1918
Merit: 1728
December 23, 2019, 03:36:21 PM
#27
Long story short, we can't fill the forum with something like earn 10% every day below every second post. Thousand of Crypto newbies visit this forum daily and most of them will lure into this Yobit's so-called investment box because Bitcoin still has reputation of get-rich quickly scheme among folks. 
Whether it being legit or scam is secondary. But on moral grounds this campaign should stop, at least direct link to imvestbox is vicious. Waiting for words from Theymos.
legendary
Activity: 2310
Merit: 4313
🔐BitcoinMessage.Tools🔑
December 23, 2019, 03:32:28 PM
#26
Anything like this would be labeled as a ponzi scam in the scam section, and I see no reason why this should be an exception...
<...>

I totally agree with this.

In scam accusation board, we are facing ponzi schemas almost every day and painting them in red because they are promising any amount of sure income and lead to lose of funds someday.

There is no free money, guys anyway. Someone needs to pay for your 10% income. I ain't against advertising cryptotalk forum, but I decline to advertise that suspicious investbox.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
December 23, 2019, 03:24:35 PM
#25
I removed mine [due to obvious reasons]...

Looking at the signature campaigns participants view points on it are shocking it really does look like people put money before anything these days. Some members are saying they will wait for "yahoo's decision" but shouldn't they be making their own mind up whether they would like to advertise for a probable scam?
I strongly believe that's a perfect excuse to just earn for a few more posts Angry
legendary
Activity: 2744
Merit: 1512
December 23, 2019, 03:12:53 PM
#24
I left the campaign after seeing the new signatures. Yobit is just an exit scam waiting to happen and it's blatantly obvious at this point. You can find stories of people's balances being locked and professionalism is nonexistent with this exchange. They would send out emails with blatant typos and they could barely even run their signature campaign without leaving users in the dark in regards to payouts. In addition to fake trading volumes I don't think anyone should be promoting their ponzi garbage. It's pathetic that any exchange that wants to consider themselves reputable would pushing for this so I'd suggest anyone that has money on Yobit withdraw it before they do it for you in some "hack".
hero member
Activity: 1680
Merit: 655
December 23, 2019, 02:52:37 PM
#23
yes what is the sequel friends? none of us want a ban or negative but we wish the campaign to continue.
we hope that a good result will be achieved, maybe it will continue as before "cryptotalk" Smiley

We don't know that yet, I already got a feeling that they just used this Cryptotalk campaign as a stepping stone to gain some participants in preparation for this "InvestBox" investment scheme. Yobit has been here in the forum long before I was even a member here and they know most of their participants will stick to their campaign no matter what just as long as they are getting paid for it that's why they are confident sudden changes for the campaign of CryptoTalk to Investbox will still have a lot of blind followers changing their signature. I know that yahoo right now is in a tight spot because of this I just wish that Yobit has the guts to made this InvestBox into another signature campaign so that it doesn't affect Yahoo and Cryptotalk's participants.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
December 23, 2019, 02:49:35 PM
#21
I have to say I am disappointed that others are not being vocal about this.
It has been discussed before, and there was more or less consensus that a decent manager is better than no manager at all, although theymos banning the campaign would be better.

But since the signature campaign was for a forum and not directly for YoBit, they kinda got away with it. I'd say that all changes if they change the signature from "promote this forum" to "promote this ponzi".

You may have miss-interpreted my post: it was not a justification for yahoo62278 continuing to manage the campaign once it shifts to a ponzi scam, it was a direct response to the post I quoted. Rosezionjohn claimed most signature participants will leave if yahoo62278 leaves, and I think he's right. But the spammers who couldn't abuse the campaign because of yahoo62278 will have a feeding frenzy when that happens.
copper member
Activity: 1624
Merit: 1899
Amazon Prime Member #7
December 23, 2019, 02:33:10 PM
#20
That is obviously a new campaign and would be considered a violation of yahoo's contract with cryptotalk (yobit). He may actually stop managing the campaign and most signature participants could also leave because of that.
If yahoo62278 stops managing the campaign, it's open for all shitposters again, and spammers with farmed accounts won't care if they're promoting a likely scam.
Until theymos bans their signature again.
I think this is a pretty weak argument in favor of someone getting paid to help promote a very shady company (some would go as far as to say that YoBit is an outright scam).

Furthermore, some participants may argue that they are participating because yahoo is managing the campaign.

I don’t think the possibility that shitposters might spam the forum is a reason to help a scam advertise. It seems to me that the payment for campaign management services is more about YoBit being allowed to advertise without significant pushback against their participants and less about actually managing their campaign.

I have to say I am disappointed that others are not being vocal about this.
legendary
Activity: 3248
Merit: 3098
December 23, 2019, 02:01:15 PM
#19

The only way this could be called legitimate is if you would consider only the number of those shittokens or whatever they are as an indicator.
So you invest 10 yoshits, I can pay you 100 by tomorrow cause I' the one printing them, and I can issue a decillion of them whenever I feel like.

But if you invest 100$ and after one year of 10% a day gains you end up with a million token worth 2 cents , it's a scam by all standards.

Exactly. They promise 10% daily, for example, but his shittokens lose on the value of 20% per day. that is why users hold "investment" another day, and so on... in the end, you will get your investment + 10% daily in his tokens, which will be worthless.
btw. You can't do anything with his coins, they have no wallet, not listed to anywhere except on Yobit.

Just received an email from there:

Quote
Dear YoBit Users!

Invest your coins to Yobit InvestBox: https://yobit.net/en/investbox/

X10 - 10% daily (300% / month) - NEW!!!

BTC - 1% daily (for Yo Token holders)
YO - 0.2% daily (6% / month)
BTC - 0.1% daily (3% / month)
Pages:
Jump to: