Last year I opened a scam accusation against YoBit because of ARCO (AquariusCoin (link to the scam accusation thread:
https://bitcointalksearch.org/topic/yobit-exchange-are-scammers-and-its-just-a-matter-of-time-to-disappear-solved-1693981)), painted them and some of their staff in red and they solved the issue (
https://bitcointalksearch.org/topic/m.17019449), but this time my patience is over. See my tickets to YoBit:
They needed about 7-8 months (time frame painted in red, but I opened the first ticket after some time) to update the wallet and now it's taking about 2 months (painted in black, but again the first ticket was opened after some time).
You may think of it like it's just another s*itcoin under maintenance, but there are financial losses to ARCO holders! Currently I am able to see about 22k coins in sell orders up to 3600 satoshi, but I suspect they are a lot more and that YoBit is probably staking the coin. Where is the financial loss here? Well, I am a major holder (though I have 0 coins on YoBit) and I have about 115k coins. I am able to stake about 10k coins/month, which at current prices (ARCO ~2500 satoshi & Bitcoin @ $1760) means ~0.25 BTC/month or $440. Let's assume that these 22k are 1/5 of my holdings. This means ~0.05/month, ~0.5 BTC for these ~10 months under maintenance or $880. Now imagine if they match my wallet? We're talking about close to $5,000 potential loss of the holders for doing nothing (other than to keep their wallets open 24/7). What if the price goes up (ARCO's current supply is only 1.2 million coins, there are real people behind it and there's much space to grow)? What if we mention these other 10s (or maybe 100s) of coins, which are under maintenance for months? I am almost certain that YoBit screwed people with 100s of thousands $!
Guys, please post link to threads of coins, which are under maintenance for too long and share since when they are under maintenance. I'm not removing my negative trust, until
ALL of mentioned coins are not fixed and I kindly ask fellow trusted members (at least I'd like to think I am one...) to paint them in red as well!
IF the issue with ARCO is not fixed within the next 10 days (until May 25), then I'll do even more than just opening a thread against you.
To all - my suggestion is to withdraw your coins (if possible) from the exchange, because (I repeat as I said in the previous thread) they will disappear...
YoBit (
https://bitcointalksearch.org/user/yobit-406594), fix your shit!
Cheers,
Spartak