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Topic: WARNING: Remove your funds from Yobit.net before May 1st! - page 2. (Read 2925 times)

legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
What should happen on May 1st, any reasons why OP mentioned this date? Because now I don't see any reasons why Yobit should become scam. For me it looks like another attempt from Yobit opponents to provoke panic and steal users from Yobit.
copper member
Activity: 1442
Merit: 529
Everything working ok, they are doing some updates and the bot is not working like it should (in signature campaign) . They have always paid me daily , and unless you have solid proof , this remains a shittpost  so you better delete it, no point in accusing someone without solid evidence.
legendary
Activity: 2450
Merit: 1047
Everything seems to be normal on the chat board there is no panic or any news about this May 1 trading volume is still very high and the withdrawal fee are still the same but I would like to see what May 1 will bring to all of us trading on Yobit
hero member
Activity: 1470
Merit: 655
This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.

Actually there was a clue: About 18 months before Cryptsy crashed, it increased the fee to withdraw BTC from, 0.0001BTC to 0.001BTC. A 10% increase that wasn't required by the network. Then they added a 0.5% fee on top in the two months before they closed.

The only other place I've seen that happen was on Vircurex, which did the same thing (increased fees to withdraw), and then about six months later, they announced they were hacked and froze accounts.

So that's the tell: exchanges trying to make it expensive to withdraw.

Agree 100%. I never left much on cryptsy but when they added that fee I'm made sure I had literally zero on there.

Same with MtGox BTW. When the problems started and were blamed on all sorts of excuses, I got all my coins out. It cost me money in lost profits from trading, but i lost nothing from MtGox failing.



nice to see someone else who feels the same way i did back then.

as soon as they changed their rules about fees i felt something bad is about to happen and when i told others nobody believed me, until they ran away with people's money.

there is always red flags before these services turn into scam, and this thing with YOBIT is just another one of them. them adding LISK before the release and faking the volume the first day was just showing them being desperate and by the time of withdrawal,.... i don't even wanna know what will happen.
legendary
Activity: 2968
Merit: 1198
This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.

Actually there was a clue: About 18 months before Cryptsy crashed, it increased the fee to withdraw BTC from, 0.0001BTC to 0.001BTC. A 10% increase that wasn't required by the network. Then they added a 0.5% fee on top in the two months before they closed.

The only other place I've seen that happen was on Vircurex, which did the same thing (increased fees to withdraw), and then about six months later, they announced they were hacked and froze accounts.

So that's the tell: exchanges trying to make it expensive to withdraw.

Agree 100%. I never left much on cryptsy but when they added that fee I'm made sure I had literally zero on there.

Same with MtGox BTW. When the problems started and were blamed on all sorts of excuses, I got all my coins out. It cost me money in lost profits from trading, but i lost nothing from MtGox failing.

legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
I kinda hope they do just so they go away

They've been on the wrong forks for coins for over half a year
legendary
Activity: 1568
Merit: 1000
People who day trade will always have to leave the money there, is not that they like having their money there, but that's how it works. I doubt there is serious investors leaving their money in the hand of dubious companies with such record (I know they are not all the same, but they are all exposed more or less). Poloniex and Kraken seem to be the most serious ones so far.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.

Actually there was a clue: About 18 months before Cryptsy crashed, it increased the fee to withdraw BTC from, 0.0001BTC to 0.001BTC. A 10% increase that wasn't required by the network. Then they added a 0.5% fee on top in the two months before they closed.

The only other place I've seen that happen was on Vircurex, which did the same thing (increased fees to withdraw), and then about six months later, they announced they were hacked and froze accounts.

So that's the tell: exchanges trying to make it expensive to withdraw.
full member
Activity: 126
Merit: 100
Nobody really saw Crypsty falling to pieces as it did.

Actually they did.  I saw a lot of posts about Cryptsy being a scam and goxxing everyone when they added the .5% btc withdrawal fee, and it got louder and louder from there until the point where they went down.  People saw it coming and there were lots of signs. 

legendary
Activity: 1848
Merit: 1000
This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.
member
Activity: 70
Merit: 10
OP actually has a point. Why risk your coins when you can withdraw them and see what is going to happen when LISK goes live and then if all is good send them back?

This is just speculation not that I am defending Yobit based on their transaction fee they cannot afford to go scam at this point of times,transactions are on their all time high their dice game is doing great,it's like saying they are going to fold when they are on top of their games,I believe they have assets that can cover what will happen to lisk..

When mtgox pulled the plug, they were at the height of transactions and volume. The best time to pull this scam is when the site is busiest, means more money to steal.
sr. member
Activity: 426
Merit: 256
WARNING: Remove your funds from All Exchanges before May 1stnow and store them safely!
legendary
Activity: 3416
Merit: 1225
OP actually has a point. Why risk your coins when you can withdraw them and see what is going to happen when LISK goes live and then if all is good send them back?

This is just speculation not that I am defending Yobit based on their transaction fee they cannot afford to go scam at this point of times,transactions are on their all time high their dice game is doing great,it's like saying they are going to fold when they are on top of their games,I believe they have assets that can cover what will happen to lisk..
sr. member
Activity: 392
Merit: 250
Looking for shmexy coins!
OP actually has a point. Why risk your coins when you can withdraw them and see what is going to happen when LISK goes live and then if all is good send them back?
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
What is the significance of May 1st? Did you just pull that date out of thin air, or is some event supposed to happen by then?

did you even read the first post. let me bold the part:

Quote
they are going to take the money and run before they have to honor the lisk ious.


my opinion:
- you have to be careful about all the exchangers and all of them (like cryptsy) will show some warnings before running away.
- yobit did a very bad thing and all the LISK that people have bought on their exchanger is what they may or may not have so if people have bought more than what they own by May 1st it is going to be a bloodshed on yobit for withdrawal of LISK to other exchangers.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
What is the significance of May 1st? Did you just pull that date out of thin air, or is some event supposed to happen by then?
full member
Activity: 135
Merit: 100
As much as I dislike Yobit, tihs is just another unsubstantiated shitthread.

But i'm psychic.

I'm a psychic too, but your prediction seems to be way off.




What has psychics got to do with cryptocurrencies anyway? Huh
legendary
Activity: 3416
Merit: 1225
Do you have evidence to support your claim. If not, then it is just a fud. We will ignore any kinds of fud.

He probably doesn't but you would be well served to assume that any exchange will either run off with your money or be hacked and lose it (and not infrequently the former while claiming the latter).


Well we should know that,so it's a wise decision to only put coins here for trading not for storing,keep your coins on your wallet,they could run anytime but giving it a time,it means he is either a psychic or working on Yobit to get the inside news..
member
Activity: 118
Merit: 10
we should not assume things without proof. It does not make any good to anyone.
legendary
Activity: 2968
Merit: 1198
Do you have evidence to support your claim. If not, then it is just a fud. We will ignore any kinds of fud.

He probably doesn't but you would be well served to assume that any exchange will either run off with your money or be hacked and lose it (and not infrequently the former while claiming the latter).
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