Topic: Have you seen Yobit's new signature design? - page 6. (Read 5812 times)

AKA a Ponzi scheme.


Again, if Yobit rebranded their InvestBox into GamblingBox there would be less concern about it. They they didn't promise 10% daily there would be less concern about it. It would still be utter shit but it would slightly less of a fraud, perhaps enough for it to be called a shitty gambling scheme instead of a scam.

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The amount of mental gymnastics employed here to justify involvement in a scam promotion is thoroughly disgusting. I will start adding neutral ratings for anyone carrying this "10% daily" shit in their signature. Luckily for you yobiters you're sufficiently dumb to be considered injudicious rather than malicious so no red tags, for now.

Come on, you know that most of altcoins will be dead in the future and buying altcoins is similar to gambling. It includes high-risk. Yobit just provides a crazy service to crazy people who loves gambling. This is a preference. People should use their brains before investing.

All i’m trying to say is, have you ever seen a signature and suddenly think like “oh i should definitely invest on this project” ? I don’t say lets promote all the shit in the market but i just think people should start using their brain before effected by what they see around.

I don't trust the judgement, trust ratings or trust lists of anyone who facilitates scams by advertising them, or uses weasel words to justify doing so.
Y'all do what you want and own it.

There is huge difference between obvious ponzi scam coin and some other altcoins. You just can't put everything in the same basket.

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How to exchange EGOLD?



How to withdraw X10?

Whether you like it or not, Yobit is a big Russian exchange and is used by many people. I do not personally support, I do not even wear the signature, but I'm against criticism of the yobit when many different useless/harmful altcoins are promoted by the community.

I don’t see any difference between giving 10% extra shitcoins daily and selling %8 of total tokens with 600% emission rate in IEO.

I just wanted to share my opinion.
I’m out of the this topic now.

All the best.

I mean, writings, words, paragraphs, pages...
What's the result, friends?

What did the bitcointalk.org management make?

Prohibited or not

If it's not forbidden, I'il keep wearing the signature.
If not, I will accept the decision

Every business is out of Russia (in meaning headquaters, countries of registration), of course if it don't have strong goverment and police protection (russian word - кpышa, "нac кpышyют") or don't want to give everything it has to FSS (FSB) (this happened to WEX.IO). This is a little spoiler from me, don't thanks  


Something like that:



Ok, i understand what do you mean, man  

Merry Christmas to all of you (even for those who still advertising investbox)  

Alright, I´ve read enough. It was and is a shady exchange (amongs many) which I personally never had a problem with, but neither did I need their support.

Anyway I don´t feel it´s the right thing for reputable community-members (at least for myself) to actively promote Yobit´s investment-box with "not enough" transparancy/details about it which might lead to losses to newbies when they get blinded by "X10" "100% safe returns".

Thus I am out of this from now on and rather promote nothing or the "always good to support"- charity-campaign.

Merry Christmas to everybody! Cheers

They're out of Russia to the best of my knowledge, and I have no idea how Russia regulates crypto exchanges if they even do at all.  You never know with that country when it comes to crypto.  But the main problem is one of transparency as far as I'm concerned.  It would be so easy for Yobit to just run away with everyone's money if nobody knows who's running the show, and nobody does know.  That's why I stopped using them for trading a long time ago.

Changing the signature from the cryptotalk one to something that's all Yobit is not cool IMO.  It's like they're trying to restart the Yobit signature campaign through some shady backdoor maneuver, and even if Yahoo62278 is still managing it, it's still not cool.  I'm not sure if the investbox thing is a scam or not, but drawing new members to it will probably make it into a Ponzi scheme in no time.

I do believe your morals should come before anything. However, I admit we are all human, and we will be conflicted. This is why there's a massive difference in opinion here. What I was referring to when I initially made that post is everyone waiting on Yahoo to make the decision, and not themselves. This to me from an outside point of view is admitting that there is likely an issue here or something they aren't certain about, but are willing to ignore it if Yahoo believes its fine.

This wasn't directed at users who are against my personal views. That's fine, and as I said we all have our own moral compasses, and they do change over time. I actually don't like gambling where the house has a edge, but that's the world we live in. Most gambling sites like you said will block your account if you're costing them money. Which, isn't a level playing ground in the first place because they are more than willing to take money from you. I think P2P gambling with no blocking of accounts is a more moral approach to this. I don't care if gambling sites take commission for offering a secure way of doing this.

You also don't see me or any other users going around, and red tagging users. I've never said I'm going to go, and paint the town red to whoever advertises this service. I talked about respect, and I probably would lose respect for those that are advertising InvestBox.


Well yeah, if you use drugs, and dispose of them correctly then honestly that's your life. If you start leaving needles around the place, then I would say you're morally misguided. Same as with guns. You can own a rocket launcher, and a tank for all I care. As long as you aren't shooting up people.

Who told that this website is illegal?
It is forum but you can find illegal things if you search.
You can find illegal things on Google, too? But I edited.
Thanks.


No, it’s normal for me as well.
I’ve used Chipmixer and Wasabi more than 50 times and I recommend people to use bitcoin mixers to stay anonym.
But I don’t see any difference amongs signatures.
They are not a charity, they are business corporations.
If people can’t use their brains before investing, there is nothing to do.

Blacknavy has good points but lets not be hypocritical because selling illegal AK47s here would probably get you tagged to heck, banned, and posts deleted..


Doesn't mean it's immoral to buy an illegal AK47, or some Cocaine, but not on this forum..

Who cares percentages? (I’ve already knew)
You don’t understand the main idea.
They are part of the Bitcoin ecosystem.
You can’t forbid one of them.

For honest, it's very complicated topic. Of course, it's too easy to give something labels or tell full of pathos words something like "Your morals should come before anything". Do this people (who still promoting Yobit) taking someone to invest funds in InvestBox by force? No. They just advertising such things. The same with gambling on that forum and evens bookmakers like Sportsbet.io (i know how bookmakers works very good. If you're winning too much, they mostly blocking your account and take your funds to themselves). It's shitty to tell "Oh, gambling is fair with their advertisement" because it is not. At least, i don't see any BIG RED BANNER with words something like: "In a one row, you have winning chance 50 %, but to win 3 times in a row you need to be enough lucky, because chance of winning is 15 %. And in fact, in long term you will lose all your money to us"

I'm looking on result, this is what i mean. In both cases you losing your money. And in both  cases you give your money to them by yourself.
Also, you can see how morality changes. For example, for you it's normal to advertise mixer, but for Blacknavy - it's not. But i doubt that you will be happy if he will tag you (in his view it's normal to tag you, i think you understand this moment).



For honesnt, you can read this article : https://bitcoinmagazine.com/articles/chainalysis-most-mixed-bitcoin-not-used-for-illicit-purposes
Which states: @Most Mixed Bitcoin Not Used for Illicit Purposes@

Protecting yourself is good. At lest, bying AK47 doesn't mean that person is bad. It depends for what reason you're buying it  

But, Yobit have actually gone as far to say that "Everyone will get paid" which is not true, and they know that isn't true. Usually, when you invest in something in has the potential of going up because its an actual promising idea. However, here Yobit are highly likely to just drop the token whenever they want, and promote another to start the process all over again.

Promoting their exchange? I think I'm fine with users promoting their exchange as despite some complaints here, and there I don't think they have been outright scamming anyone. Although, I'd probably advise against using their exchange personally, but that's for personal reasons against a company that is operating this little side gig of theirs which I'm not going to hold others to the same values.

Promoting their InvestBox? Yeah, I am absolutely going to encourage others to not advertise that.

Okay, so you use a mixer for buying things that are illegal. Okay, I'm assuming you use Tor or a VPN while doing this. Are we going to outright claim that anyone advertising Tor is lacking of morals? I don't know about you, but I don't use Tor for the "darkweb" or anything malicious. I use it when I want privacy. I've recently gone into this. I've used my home IP address on this forum because I trusted theymos with that information, yet since becoming a moderator I've had to use Tor Browser, and VPN's when visiting external links that are in reports. That doesn't mean I'm encouraging the use of malicious acts with Tor, and I have advertised, and encouraged others to protect their privacy with the likes of a VPN, and the Tor Project.

We could have this discussion all day long about morals. We are all going to have our own moral compasses, and I'm not blaming users if they're conflicted here, and that's why many users are trying to offer their input. However, comparing Chipmixer with an investment scheme promising that everyone gets paid is like comparing the black plague with a common cold.

Mixers don't usually advertise that their customers will earn interest, neither do they advertise the fact that you can use it to money launder. They advertise you have a right to privacy, just like the Tor Project, and VPN's. Here's an example of why I would personally use a mixing service. If you're a user on  a public forum which has posted an address with a lot of Bitcoin in, then you could potentially become a target to hackers or even physical threat if your identity is known. This is where you can use a mixer to mix your coins to different addresses.

Log in to -edited link- (and many more) and see why people use Bitcoin mixers. (You already know that)
Buying meth? cocaine?
AK47? Granade?
Get drugs in order to concantrate on your lessons like Ritalin/Concerta or Adderal? (I edited this part)
Buy credit cards?
get BTC by blackmailing people and use mixers in order to be anonym or not to get caught.
Or you can buy whatever you want.
You chip guys please don’t talk about other signature campaigns.

As I told you, X10 or f-cking shitcoins at TOP100 aren’t different.
and, there is no difference between Yoshit ans Bitcoin mixers.
Both are part of the Bitcoin/Crypto ecosystem.

Any investor who sees an instrument / scheme / crypto is offering 10% daily should be responsible enough to walk away knowing that such an interest rate cannot be mathematically sustained without total devaluation of the traded product...

On the other hand, offering interest rates for BTC holdings is a legitimate benefit, which the invest box also seems to provide, and no one has come forward in years that Yobit has stolen from the accounts or anything criminal like that; thus the exchange's continued popularity...

Not to mention there are free coins and various other bonuses offered by Yobit, obviously other promotional tactics to market their brand...

It shouldn't be a categorical offense to promote an exchange that is providing some valid services, simply because some other fringe products it offers are highly likely to lead to investors losing money...

Definitely and for the safety of the future sake was the reason a lot of members of this forum are trying to make the investment offered by Yobit is not Ponzi and i think the reason why this lead to a huge arguments was the previous accusation of Yobit, how the investment was announced and no in depth explanation of things.
I supported what you said about communication either through support or their representatives on here because information and honestly is very vital in very business setting and Yobit should make it their priorities.

Great post Welsh..


Yobit has thouroughly disrespected our forum for a very long time..


Yobit has bee at this game of setting up "investments" of the dumbest of dumb money for a very long time and just completely screwing investors out of their BTC.

For all that haven't been around for the history of Yobit, have a little history lesson here -   [ANN] YOVI - Yobit Virtual Coin - First Raise Only Market is Open! (2015)

They are a vacuum sucking the coin from inexperienced crypto users, taking advantage of them with these sorts of schemes, and this is nothing new..

That..

I'm not sure how you can make this comparison. Chipmixer, can be used for illicit purposes yeah. Just like Bitcoin can, and cash can. I'm assuming you're referring to money laundering. However, we all use Bitcoin, and we all use cash. Chipmixer is a anonymity service which could potentially be used for illicit purposes, but so can cash.

Where as InvestBox have a special little fund somewhere, and are guaranteeing users that they will profit. Which is likely true in the early days of these tokens, and Yobit will continue "printing" these tokens off until they have earned enough profit before moving onto the next. What happens to the investors? They lose money, and users stop investing while Yobit push another token. Many users will end up losing money.

Also, we aren't trying to frame anyone. We are advising against changing your signature to InvestBox. If you have previously advertised Cryptotalk I don't care frankly.

Yobit controls when they stop supporting a coin, and Yobit knows that this will hurt many of its investors. Without any moral conviction they will move onto their next token, and promote that with 10% interest, and the whole process starts again. They'll continue supporting it until they believe it'll earn more by promoting a new, and exciting token. Investors will try to jump in early this time because they know the coin will be dropped eventually, and investors will be looking to get rid of the coin until it eventually reaches 1 satoshi, and no one buys it.

You know many scammers that have scammed using a Bitcoin mixer? Give me some examples? Chipmixer allows users to mix their coins for privacy, and nothing more. If users are using the service to money launder that isn't the fault of Chipmixer or any other mixer for that matter or any other currency. Cash, has been known to be used for money laundering yet we don't all stop using cash on a daily basis.

Chipmixer promise no one that they will be earning interest, and will get money from a special fund. Chipmixer simply allows its users to have privacy. How is a service that allows privacy the same as one that is encouraging early investors to make money, knowing that they will make the decision to stop supporting a coin, move on to the next, and leave their investors getting hurt. They are going to be making the active decision to move onto the next token to earn more money.