That's insane. Imagine if a legitimate stock brokerage did this--they'd be charged with market manipulation and probably shut down. I get that in the stock market there are "market makers" but they don't engage in shenanigans like what Yobit is proposing to do here.
Probably one of the reasons why we need regulation. It is really an absurd thing and I wonder why people still use this exchange as an exchange doing something of this magnitude shows that they support something illegal, horrific and unethical, and I wonder why anyone in their right mind would even not consider this a shitty one. I kept laughing yesterday when I got their mail and I just blame myself for even registering on this platform in the first place. This just shows an exchange with desperate measures trying to do whatever it takes to keep scamming and unfortunately some gullible ones will keep falling for it.
Has anyone seen something of this nature before in their entire lives? Is it a sign of desperation, fun or sheer silliness?
It is just some form of sheer silliness or an attempt to try to want to gain relevance and that shows how shitty they just keep getting. I would say just exchanges like Yobit actually do this as I believe no exchange in their right mind would just be pumping unnecessarily, and even if they do which we cannot tell anyway, promoting it is even a very much more absurd thing to do, but of course, I would not expect anything less from an exchange that has always been known to be full of shit and scams over the years.
