Topic: Its not fair that yobit got banned (Read 627 times)

Not to talk about their own YOVI token, with Rise-Only-Market rule

If this is a decentralized forum then nobody must act as a leader right now or a admin or moderator. Nobody must be banned for breaking the rules. This is a centralized forum and it is being managed by different admins.

Now regarding yobit. To be honest, I didn't know when is the time that they launched their first signature campaign here (because I'm not here at that time) but I've heard different negative news regarding them.

20 posts a day?? With no restriction or nothing. They will just recruit whoever join in their signature campaign and will start spamming here in the forum. Yobit is a shit exchange full of shitcoins so a ban for them is just enough to at least reduce the spam here in the forum .

It's 2019 and Yobit isn't permabanned from the forum yet? You'd better thank your lucky stars. That crappy wash trading exchange's whole signature campaign should have been blown to oblivion years ago.

just about anything on IB is crooked and not trustable on their site... and anything worthwhile; carries a hefty minimum risk every day...  you are scamming yourself.

some time ago, you could easily spot the traps because bots were trading in sub-minimum allowed amounts...

The constant forks/re-consolidations/denomination changes, and other such nonsense.... I just don't get how people fall for it.  Its soo obvious....  

The thing I never understood is: their ETC free .01/day.... where did it come from?   It originally was enabled somewhere just after the recent big ETC blunder.  I acquired quite a bit before the section went offline; and it sits in my coinbase account now....

I have some very interesting unanswered support tickets as well;  such as asking why they keep a sidechain of VSX/XVS (VSync) up when clearly every other exchange is on a completely different chain....   Or why they refuse to update certain wallets by deleting the blockchain and rebuilding it as is needed in their case....  their attempt at fixing it is just turning the wallet back on for a few days so the status changes slightly....

I never liked having to send a micro TX for fear of not receiving my actual full TX....

They deserve what has happened;  I just wished I had been warned before the sig ban instead of thinking my account was hacked due to a changed sig....


*edit*
imagine this "IB strategy":
Take mass funds (most IB require .1-1BTC worth of investment)
Dump mass funds dropping price after enough of a bankroll is gathered.
Watch price drop and buyback at lower rate.

Everyone screwed who used IB.


This is probably whats happening.

They clearly aren't hurting for users.

If you think about it, they certainly do garner a lot of money from shitcoins. But it's not even the airdroppers -- you have to understand, there are plenty of ignorant users that YoBit capitalizes upon. They even have their outrageous dice game with a crazy house edge and their "IEO" pump & dumps. All these can interest newbies or even perhaps older users that think they have a chance of earning money with low-volume/mcap coins.

I was on their sig campaign, but i was one of the actual good posters and never changed my habbits when I joined the program...
but...


They did not care about the forum campaign rules as I figured out as time went on;   they only topped off the payment wallet once or twice a year last year...   and my guess is the spammers were in bounty and other sub-forums I didnt visit, because I never really saw many yobit ads in the altcoin or hardware sections.  They never had any active campaign managers, and they have extremely poor tech support.   Their concept of trying to get a wallet online is re-launching the wallet and hoping their blockchain doesnt need rebuilt, or they will just offline the wallet again....  Theres a huge list of issues I have had with yobit personally, and to be fair;  I have tried to help out many many people on this forum whom have been scammed with something in relation to yobit; weather it was them falling for a telegram scam, having a hacked browser extension, visiting a fake yobit site, depositing incorrect funds to incorrect wallets.... the list goes on as well.....


I will admit;  the only thing that kept me on their sig campaign was the fact they paid .0003BTC flat per post to legendary.    Nobody came close to paying that.    On the days/weeks where things were busy for me on this forum (like when I was updating my batches a year or two ago, or when XMR is going through upgrades)  I could easily get an extra $40-150 in crypto just by doing what i was gonna do anyways.  During the height of 15K+ BTC...  I was legitimately making a ridiculous amount of coin.... and it paid 80% of my living expenses since I have been on disability and sick for several years.

Rock and a hard place... y'know?

There is a difference between centralization and dictatorship

I don't think this forum is completely centralized. If it was, then no one would have been freely speaking against the system. They would have been banned as soon as they spoke bad about the forum rules. The freedom of speech exists here.

Crypto is decentralized but it does have rules. Miners cannot take advantage of the system , neither they can reverse or make fake transactions. Even if they try to do, they need to be clear in majority (51% attack).  Similarly  Merit, trust , rankings etc are the rules of this forum and no one can bypass them.  This does not make it centralized.

They should do this, or at least they should show their minimum respectfulness on the forum by having campaign manager, even low-quality manager. Then, with low-quality manager, other rules might be violated, but it is another step with quality of their campaign. Stake is different, because at least their owners (@Stunna), and their managers show us that they actually listened to community discussion. Recent day, Stake.com campaign started to re-choose their participants, by removing low quality participants (as they promised)

Agree with this.  Bitcoin and other cryptos have their advantage in being decentralized, but a discussion forum?  Hell no, it needs some leadership. 

Can you imagine if Theymos didn't take care of the Yobit situation or introduce the merit system?  This forum would just be pure spam.  Nobody except sig spammers and their enemies would be here, and it would be open war between them.  I don't know about stake, but the Yobit situation blew up massively very quickly and wasn't abating.  Theymos did the right thing (though I'm not sure about the continued ban).  If Yobit changed their sig campaign structure there probably wouldn't be an issue.

They should have done what other campaigns did. They hired a professional bounty manager who checked the post history of the users who applied and accepted only those who have contributed positively to the forum.

There were some talks about the Stake campaign the other day as well and if I remember correctly some of the owners promised that they would improve the quality of the campaign which is a positive thing.

Yes. They can definitely do that, but it's definitely cheaper for them to go the spam route. Though hiring a lot of good posters with a decent campaign manager can work a lot better in the long term, they might just be looking at the short term. Good thing YoBit got banned.

NOTE: I'm definitely not defending YoBit and I'm definitely not defending spammers. I'm just trying to look at their point of view on why they would think this move might be beneficial for them.

One word: Disrespectfulness

---

There are few reasons mentioned, but I believe that the main reason of Yobit ban is the way Yobit team dis-respect the forum, includes admins. I agreed with you, QS, that they took advantage of the forum, biggest on in crypto, to build traffics for their site, and additional benefits. Yobit should be banned next time, maybe with permanent bans on their campaign if they keep showing disrespectfulness this way.

It may work with airdroppers that only want to make a quick buck dumping their shitcoins, but to atract any "important"/sensible user, they should start resolving their support tickets once in a while (I have an unanswered one since March 2018 as an example)

It’s not fair they were able to take advantage of the forum by causing massive amounts of spammers to create nonsense posts in masse to advertise their business, harming the community in the process.

The results may not be similar in both cases.  If people talking bad about Yobit, not many people will actually start using their site. They may gain attention but in a negative way. No one will be eager to actually trade on Yobit when they see so much negativity about them.



Ok, they need quantity ?  That can be done by hiring 100 - 200 people with proper trusted manager. Win Win situation for everyone...  Quantity + Quality

Atleast stake had proper signature campaign thread and someone called manager so if there is an issue it can be addressed to the respective person but yobit doesn't had any so people keep joining even their rules are not much strictly followed that is why admin banned the signature for 60 days.

They pretty much went the quantity > quality route, which can also be very effective as far as I know. Sure, the posts from these spammers are definitely most likely to not be of quality, but as long as people are seeing their YoBit signature, then they've pretty much achieved their goal. I'm going to argue that while it's a shitty move, it actually could probably be more beneficial for the platform to run a campaign this way(in the short term), rather than doing it like how most long-running campaigns do it.

or the simplest. this is their way of doing business. Mess, not an essential quality, it does not matter whether one is fooled ... Just go on.
Much better marketing will be if they start to solve scam accusations against them. There are too many of them.

It's simple, really. You get threads like these, as well as other threads about the issues with yobit and it's a never-ending circle of everyone here talking about yobit, knowing who yobit is and so on. From their perspective it is worth it, since they probably don't care 2 satoshi about their account here being banned or whatever. You can do it two ways, one is the yobit way and the other is a more serious approach but in the end the results will most likely be similar.

I never understand one thing about Yobit.  They had so much money to pay reasonable rates to almost everyone who joins them. Why can't they spent some money to hire a proper manager from here and start their campaign. If they ever do so, considering the funds they have, it would be the biggest campaign i suppose.

Spammers were banned because they had at least one good report against them, IIRC.

Are you seriously advocating for spam?

It's a shit exchange, I wish they would get hacked or just disappear. Shit coin heaven, just like Binance, IMO.... 

He should just ban all yobit sig campaigns here in the future and kill that stake.com bullshit as well...

The fact is Yobit account was inactively in the forum for year, more than one year (not sure exactly how long that account was inactively). At the day Yobit campaign started, that account even was not actively again. Yobit only logged in the account when people complained about Yobit campaign, but interestingly there is no official announcement made by Yobit. They keep silently, and campaign announced in the forum by low rank account (Junior Member or even lower, maybe from community, and not from Yobit side). BPIP site is down, at the moment, but you can check later the day Yobit account woke up.

I think it lasted for more than 48 hours. It started on April 19 and was banned on the 22nd. There were multiple threads about it. I know I was scraping the participant list and it was growing by the hour. It's not like they didn't know what they were doing. I even contacted Yobit to warn them about it, as I'm sure others did too. Yobit exhibited zero care.

In 3 days it grew to be far worse than Stake in 3 months but if Stake doesn't start managing their campaign properly they should be banned too. I still don't trust Steve's arrogant "look we're so nice we're doing something we should have done months ago" attitude.

They basically told people on their exchange (announcement via Twitter) to come here and spam for a few $.

They had no manager, they had no spreadsheets, they had nothing but a signature that users could put on and post away. No bueno and if they launch something like it again I hope they get a perma ban!

Well I wasn't involved in the ban nor can I give them, but I agree they should be given a warning first and a grace period to sort things out and that's one of the things I included in the Signature Campaign Guidelines but they were never enforced. I think people did try to contact Yobit also but their account had been inactive for quite some time if I recall correctly (but I could be wrong).


Yeah, I just saw that. Looks good so hopefully Steve can keep on top of things now.


Mday was proof that negative trust users were getting paid. It was pretty much open season when that campaign came back because anyone and everyone could sign up and that's why it was abused so quickly. I'm sure account farmers and multi-accounters also quickly took advantage and that's what happens when you have no active manager.

Not really though. They didn’t communicate at all as far as i’m aware, and only ran a signature campaign to promote their IEO token spam.

They said they didn’t accept people with red trust, but somehow, they were still able to join, and atleast given the impression that they were getting paid for their posts (Although im pretty certain they were actually getting paid. See mdayonliners post history where he put up some screenshots of him getting paid (IIRC).)

Yobit added balance to their yobit account just like they did to non-redtrusted users.

How many weeks has it been since the Yobit sig campaign and its participants were banned?
That 20 posts per day for Yobit was just too much imo.
I don't know about Stake but I've seen many complaints already but their campaign manager recently asked for help to report spammers. That's probably one reason why it is still allowed.

Lately they have taken the steps. They made a post in the reputation section about the update.
Stake.com Signature Campaign - A new kind of future New

I am sure the spam will be the same, but if you do not give them 48 hours to ban the spammers from participating in the campaign how is that even fair?

I bet they bann people and the people don't even realize they are banned and still contirune to post

It's not. Never has been. It's a centralised forum with rules and anyone can be banned for breaking them.


If the spam is the same then I'm sure they'll get another ban with a longer duration.


Yobit spam was far more intense and has easily been the worst campaign the forum has seen for quite some time, but the damage they did in such a short amount of time was ridiculous. They had no manager at all and accepted anyone and as such it was quickly exploited. Stake isn't much better but I would support a Stake ban if they don't clean up their campaign asap.

I thought this was supposed to be a decentralized fourm, but because the mass majority cannot offer rates as good as yobit signature campaign it leads to everyone switching to them, and posting a lot.


There ban is up in 8 days. I want to know what is to stop them from getting banned again.


Whats the difference between the spam from stake and the spam from yobit?

There wasnt even 48 hours given to yobit for them to ban the spammers.