Topic: THIS IS TOO MUCH, YOBIT FAKE VOLUME IS SCANDALOUS,HERE ARE THE PROOFS (Read 218 times)

A very detailed post, thank you. The whole case against Yobit stands strong and has been going back a long time.

The argument being made about all or most exchanges faking volume might hold some merit but this thread has been created specifically about Yobit so why anybody would want to be associated with promoting an exchange with a trash reputation is beyond me - other than the obvious about those wanting a few cents for promoting something so tainted.

Keeping that aside, if Yobit or any exchange for that matter wants to be taken seriously then promoting fake trading figures have to stop.

I found some problems who discussed about this thing and seems like this isn't something new and even the user/trader have considered that they can make profit/money through this.

And I think there is no solution as long as the user/trader have been aware but they still uses the exchange. Such as CMC, although this website is not an exchange but there are many people who still use it as a benchmark to sell and buy when they do trading. And I'm still remember this website has ever made a fake volume. At that time this website make the price bitcoin increase several percent but there is no an exchange which have a same value and that is weird thing.

Yeah, right.  Don't expect them to address anything or to respond to any concerns regarding this or anything else.  It's like Yobit is run by people who can't speak or communicate in any way.  I swear their whole exchange is just some AI program or something, because the whole thing just runs and you'd think you would hear something from them occasionally, but nope.  They don't respond, not in English, not in Russian, not in any language.

And of course it doesn't surprise me that this all looks to be fake trading volume.  I bet Yobit leads all exchanges in manufacturing such data.

Thats correct and from my experience every crypto currency exchange was guilt of fake volume listing at some point before they later used the genuine volume information after the gain the require traffic. Besides, I believe to it fake volume is still kinda fair than p2pb2b and coinsbit.

Is not only Yobit who do this, many other exchanges do this

https://twitter.com/YobitExchange/status/1207609015322234881
ok at least we can know the unkown,, something coming in 2 h... ico?ieo? hybrid? ahhah of what? a coin? a monkey? supply? name? topic?
if anyone interested> just look how when they open... all the initial supply or what they want to sell in the ico or ieo or we still dont know.. they will dissapear in minutes, you can try to buy but orders not come thru,, until yes finally you can buy more expensive the coins cause before you just can not , i saw this before.. all this selling 100 btc in few minutes when they have barely 100 online users...... after the traders, can try to recover their coins in invest box... where they are also trapped..  wow yobit are genious, i want to ask them how to trap the mouses in my garden.

You can also check this informative Topic created by @Raja_MBZ
looks like that Yobit is recorder for number of scam accusations:
https://bitcointalksearch.org/topic/compilation-of-all-scam-accusations-threads-related-to-exchanges-5168200

right now  
21 x 600 . well definitely  i will sell my TV today to just watch yobit !

is so simple as an audit ,, everything is registered in blockchain, so please Yobit, show the accounts that has this trades of invisible coins that nobody see but they are traded, every day , every minute until mysteriously place the exchange with the top 20, must be someone right? if not...

What did you expect from Yobit?  

90% of all exchanges also have fake volume and bots trading.
Any serious investigation would prove that easily, but you can also do simple internet search

good to know that someone is doing something... so what should i do, send this to cmc? is a shame and it looks like crypto is pure scam and anyone can do what he want!
since i have a token i have received interesting propositions from other exchanges, that they offer me FAKE VOLUME under the beautiful tag MARKET MAKING, includes as EXTRA for my listing.. awesome     

It's something well know and well documented on the web, with data/statistics, reviews, discussion boards, social network ect ect. Nothing new. Some 'famous' exchanges like Binance have also a good rate of fake volume and as you know it doesn't stop people to praise them.

Anyway half of the volume is done on shit exchanges like Yobit. That's also for this reason data websites like CMC, OMD started to clean their stats. I even believe they removed completly some exchanges.

10000 etherum bougt in 5 minutes without any sell order , what next? rabbit from the hat?

So, smoking a cigarete, kinda bored i look yobit> well i have very interesting pictures.



as far as i know, make fake volume is illegal , the target> attract newbies to trade their own coins
PANDA-FROG-OWN ICOS, Never announced in this forum or others. this at the same time open the doors for their other scam, the invest box. where noone has info of the amount deposited or the amounts paid. and misteriously, any coin developer setting invest box promotions see the coin going down and down... one day, they rebuy 100 times cheaper and next one.

oh, forgot... open PONZI piramidal schemes that are illegal also, but seems that not for yobit. see \\rom-market-YOBI// OK IS THIS NORMAL, Can we do the same everyone? anyone to explain please because this is . Just a point... imagine the amount of new traders that join crypto for first time, buying some bitcoin and trading some alts.. they join yobit and..... maybe some of them never get back i crypto anymore.. so we have/ lost of new crypto users, and someone with a lot of money . bitcoin of course trends DOWN. logic, very logic. 

Sad when i write this lines to be honest. in my opinion yobit has been freezing accounts *millions of dollars, and many other irregular actions that they lost all their users base, just have a look on the chat.. very slow. 2 years ago was fast as F1...
this are the terrible reasons that are pushing bitcoin to go down or not get the necessary support. yobit not the main responsable, but has a piece of it. thank you and take care