Topic: There is a super bot trading BRAIN on Yobit (Read 3656 times)

The traders are much expert and intelligent than any bot they know well that how to make profit and they make it , so it does not matter for them that the trade is going by bots or by people they remain active there and whenever they feel a profit they invest and start trade.

I've never been in a darker place than Yobit.
It is like having a beer in the middle of a bar-fight with flying chairs and glasses and very loud music.
Anyway, just for the fun of it I opened an account and transferred 0.05 BTC (granted for loosing) and set some ridiculous price/sell orders. To my surprise not just I didn't loose the money, but after 10 days i'm at 0.1 BTC. The market is so-so volatile going up/down seemingly contrary to every human logic. Buy/sell ratio is from 3% to 500% for every coin.
Usertypes:
1. bots. Oh yes, there are a lot. Just try setting a buy order with 1 sat more and 4-5 orders move in the next second.
2. Smart guys. They are the best and brightest, hats off. They launch a coin then pump/dump. They most probably make ALOT of money off this. I like them because they realized is is not OK to be a Vitalik to program your a** down and have visions of future to fail, just launch a next-next-finish coin, list it, pump it, dump it. Begin circle again, fabulous. So we have there coins like: Billary, Trump, Putin, and so on.
3. Scammers/scammer bots. Every Smart Guy has his army of trolls shouting buy/sell exactly as in a bazaar. Very entertaining.
4. Humans. I presume some exist, I never had the courage to type into the trollbox. At the IQ level of the trollbox you would not be sure as a respond is a bad human or a good bot.

Funny is, it works. I think it should not, but it does. At this rate i'm better than the scam-mining (3-4-5% / day famous websites).
If you wanna see a live bar-fight come over.

PS. Bring only the money you dare to gamble.

I was going around trying out new exchangers and got to Yobit.

God. Where do I begin.

At first glance all seems fine. Was reading around about rouls, fees etc. ( Now that I think back I should have been more alerted already here)

Looking around the coins I felt lost.
So many "crap" coins listed it hurts my eyes.
And the pumping and dumping going on at these coins was laughable.
Ain´t saying every exchanger has unique and good coins.

I thought "Well, maby just trade around in the top coins, that can´t hurt".

Then I stumbled into the Troll-box. (Chat)

This was some of the shadies shit ivé ever seen.
So many people on multiple accounts trying to lure people to buy dead coins so they can dropp them and make profit.
I know it is not unique for Yobit.
But not like this, this is on another level.

And yes. Robots were noticed. This time it was on ORLY coin.

Take a look at the chat if not just for the funs.

Im staying miles away from that site.

And oh, the people saying positive things about Yobit here.
Really? Ovious is obvious.

Hint: Take a look in the history of some of these accounts and read some posts. Jesus..

Anyhow, just a heads up.

Happy trading!

Hmmm maybe you are he guy who lost a lot of money on Yobit dice and trading to come out with that ,if you have proof bring it on you might become the next big celebrity for pointing out this and of course you need to prove it,it happens to all the coins being traded on Yobit so why pinpointing on Brain alone..

You now have to prove two allegations I am a serious traders and have not made a problems in terms of trading and so are the thousands who do watch out with your post,you do not know my character to say that thing,I think your life is full of mess that you think negatively of people,go to church and stop wasting your money on liquors

Automated trading, by contrast welcomed exchanges.
It is practiced in many crypto-currency exchanges.
Also place the API and trade bot, what's stopping you?

its probably someones bot just set on brain, not yobit , but never know in altcoin world. Crypsty folded and fled, you could have bought build on ccex, hire or ibits on bitrex, etc........

Yobit's whole thing is they list coins regardless of the quality of the blockchain. There are exchanges like Poloniex for established, serious projects, and there are exchanges like Yobit for new projects of often questionable quality.

Whether you like it or not, there is a demand for exchanges to trade unproven coins. Most of these coins will prove themselves to be shady, but some others will go on to great success. That is how it has been in altcoins since I started trading years ago, I suspect it will continue into the future.

Buyer beware is the number rule in altcoins, if you lose money in something like BRAIN you have no one to blame but yourself.

You wouldnt happen to be paid by yobit for making positive posts about them by any chance, would you?

Shame on you for promoting such a garbage exchange. For 12 cents bro, you have sold your soul.

hmm, interesting theory.
actually i think there is bot or bots trading on YOBIT today and they are making small buys in all the markets i have seen what you are saying in btc-usd market which was strange and didn't have any explanation for it until i saw this post.

I think you should prove that allegation,We have been trading Bigup on Yobit and there was no bot running on that coin because we are following that coin and why only BRAIN,does this mean only this Coin is bein gused by Yobit ,you should substantiate your claims..

New crap coin was listed yesterday called BRAIN and is traded by a bot. This bot is good. Makes thousands of tiny buys to give the perception that there is lots of demand, then dumps on the pimple faced pumpers who think they can outsmart a bot.

This is just another reason to not trust Yobit. They extract bitcoin from their customers in very unethical ways. 

https://yobit.net/en/trade/BRAIN/BTC