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
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.