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Topic: YOBIT exchange scamming peoples in EGOLD ICO and steal a lot of investors BTC's - page 2. (Read 566 times)

member
Activity: 476
Merit: 12
On a first place Yobit is not a trusted exchange site anymore I still curious why a lot of people continue using this exchange site theres more platform that trusted compare this shity Yobit. Dont trust this IEO on Yobit so sad for those investor being scam by this Yobit, I hope there experience on Yobit become instrument to stay away on this kind of activity.
hero member
Activity: 1498
Merit: 596
I don't know if you can call that scamming, we know a certain project in IEO does not guarantee the investors to be profitable.
IEOs in Yobit is not an IEO, it's just a ponzi trap imo.
Yes, no platform gives any guarantee and that makes it a pure investment for investors, but Yobit gives guaranteed profit for some time for early investors who manage to exit while others become bag hodlers.

Can you show a coin/token after IEO ended for a month maybe which are still trading? There is none, bag hodlers are just waiting for a Yobit pump.

It's just a rinse & repeat formula by Yobit. All the IEOs are offered by Yobit themselves, they don't offer any IEO, ICO launch for outsiders or for genuine projects.
full member
Activity: 616
Merit: 100
I was surprised by the people who still believed in YOBIT, even though many of the typical in YOBIT investments made us more bankrupt, the obstacles were difficult to attract funds, logins or even bought coins whose origins were not clear. We must be smarter in acting, especially regarding our own money.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
I don't know if you can call that scamming, we know a certain project in IEO does not guarantee the investors to be profitable.

Just a bad timing that the price dump after it was traded, but you should also take a research of Yobit exchange reputation so you will know how risky to trade in that exchange. I believe they have a lot of shitcoins and they are risky, so you probably are just gambling in short term as shit coins has no potential in the future.
sr. member
Activity: 882
Merit: 269
hu guys
like u see in the chart EGOLD ICO drop from 20 sat to 4 sat in less then 6 hours
YOBIT exchange scam a lot of peoples in their new ICO "EGOLD" peoples
bought this ICO at 10 sat and they sold it at 4 - 6 satoshi because of
yobit scam YOBIT devs steal investors real BTC for a fake coin
yobit always in the news for scamming. I really don't not understand why it has be like this and we have to keep living with this exchange. For those that really invest in this IEO it is really a big loses. I received messages in my mail box for this but I couldn't invest and now I thank God I did not have investment funds then.
member
Activity: 358
Merit: 29
ASO Service
It has long been proven that yobit was created by fraudsters. The developers of this exchange each month release new projects to trick users.
legendary
Activity: 2338
Merit: 1124
Yobit is a famous scam exchange with an extremely dubious reputation, I am sure if you delve deeper you can find much more evidence of such frauds.
So many mates has complained of Yobit on this forum a lot, but funny enough, I have never experienced anything of such with them before leaving, I left Yobit just because I found a better exchange, so if I say I do understand what people are saying, I must confess I don’t.

I want to be careful that it is not just the trend people like to follow and those who are not scammed will even claim they are scammed, if Yobit is that a bad exchange, why are they still fully functioning with lost of things I have read, while I still see so many people at the same time saying positive things about them.  I understand they have lots of shitty project but to say Yobit directly scammed, I really don’t know.
sr. member
Activity: 840
Merit: 268
Probably the downfall of these coins you said in the OP is because of them selling their own holdings of the coin itself. Not because that yobit is a scam nor yobit is the least like exchange in this forum. And for the record, as an investor it is our own duty for us not to be scammed by ICO/IEOs by DYOR.
member
Activity: 616
Merit: 12
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In the beginning I used the Yobit market, there were actually no obstacles, even withdrawals and deposits also never had a problem (never contacting the support center) but somehow it was different from other people's experiences. For ICO to stay away from Yobit, the market activity is very suspicious (because it has a strong indication of P&D)

And the other thing is, just never choose ICO carelessly, they might offer you many amounts of token or coin as bonuses but it will also have the negative side.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
hu guys
like u see in the chart EGOLD ICO drop from 20 sat to 4 sat in less then 6 hours
YOBIT exchange scam a lot of peoples in their new ICO "EGOLD" peoples
bought this ICO at 10 sat and they sold it at 4 - 6 satoshi because of
yobit scam YOBIT devs steal investors real BTC for a fake coin
Hm. I think there is a real problem in Yobit. I also used this exchange when I am buying some Lina tokens but I stopped to trade because I don't like the ambiance of the exchange. However, I did not fail to withdraw nor to gain by Yobit. So for me, it is not about yobit. The traders mark the price and exchange did not manipulate the price. Don't blame yobit, blame the egold ICO.
legendary
Activity: 2660
Merit: 1261
The first thing you need to know, yobit already have a bad reputation from their service. About ico price, not only on yobit at other platforms the price went enter the market will determine from supply & demand. If you can't take you to lose went investing at ico/cryptocurrency, then don't invest on the project. You need to learn first about term & risk about investing on a project.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
Yobit is certainly an exchange with a dubious reputation due to those reviews that can be found on the Internet. Some speak badly of her, others say that all this is nonsense and continue to trade there in rather large amounts. Most of all I am confused by reviews of payment delays.
sr. member
Activity: 1484
Merit: 276
hu guys
like u see in the chart EGOLD ICO drop from 20 sat to 4 sat in less then 6 hours
YOBIT exchange scam a lot of peoples in their new ICO "EGOLD" peoples
bought this ICO at 10 sat and they sold it at 4 - 6 satoshi because of
yobit scam YOBIT devs steal investors real BTC for a fake coin
Yobit scamming is not a new thing.Theyve been doing this for a very long time,back then they say yobit was good but not anymore,and im a victim of that.So you guys better stay away from yobit and just go on trade on the most popular exchanges out there,those exchanges who really has high volume in trades
legendary
Activity: 1652
Merit: 1057
The weird part is nobody really defended yobit at this one. I didn't know yobit that very well and never used them so I had no knowledge of how they run their business, they could have been great or bad and I wouldn't know.

As soon as I got into this topic I saw how everyone hated Yobit already and realized it is a mistake to even deposit any money into that exchange which goes to show if you are going to invest into an IEO you can't just research the project but also should look at the exchange as well, that is why the IEO's over at binance are so successful since they are literally on binance, that is why egold was a failure because it was on yobit.

Do your own research when it comes to these new coins and depositing your money into anything at all.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
Yobit's have plenty of bad records recently therefore it is very risky if you are going to use and trust this kind of exchange.

As an investor, you already know the risk that you are going to face if you are going to invest for something. And for the investors EGOLD ICO, it's better that you will safely exit now and avoid Yobit's exchange or it's projects anymore.
legendary
Activity: 2618
Merit: 1181
Even it is IEO, we should still must be careful with it. Even IEO in big market not guarantee the token/coin will success in market. But it is all on investor's hand in where we want to invest and take risk for it.
sr. member
Activity: 1176
Merit: 301
It already have a history of scam so why would you even try to use it?
They have so many scam accusation and people have known that they are scam long time ago.
legendary
Activity: 2576
Merit: 1043
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Yobit has been bombarded by negative comments already here in the forum so why do they launch an IEO and the worse, there are some stupid investors who really invested on this stupid IEO.

Yobit is an exchange of shitcoins. You can't see any good coin to trade there. Most of them have low volumes so its useless if you sell your coins there. We must avoid any activities yobit do. Lets do some research first before investing our money.
sr. member
Activity: 1008
Merit: 355
hu guys
like u see in the chart EGOLD ICO drop from 20 sat to 4 sat in less then 6 hours YOBIT exchange scam a lot of peoples in their new ICO "EGOLD" peoples bought this ICO at 10 sat and they sold it at 4 - 6 satoshi because of yobit scam YOBIT devs steal investors real BTC for a fake coin

Yobit is a scam exchange in the first place, so their IEOs are not an exception. There are actually no IEO from any legitimate companies, these are just Yobit's creations. What Yobit is doing in the name of IEOs is just running a ponzi scheme... In my word, they are just raping greedy investors. In EGOLD IEO they wrote something at the beginning. ICO type: rocket (high risk) though it doesn't make any sense for greedy investors. You really don't have anything to do now except to wait for a Yoshit Pump (maybe 2yrs later  Roll Eyes)
And I think you should move this topic to scam accusation board.

Yobit for sure has one of the lowest reputation among many cryptocurrency exchanges still operating as of today. With so many complaints against the platform, I am wondering why people are still loyal with that. I have an account in there but I am not using it anymore because I am aware of its bad customer service and I don't want to be one of their many victims. Right now, because IEO is on the rage, Yobit is also taking advantage by offering the same to their many members. We have to be careful not to be enticed with this greedy exchange.
member
Activity: 532
Merit: 10
hu guys
like u see in the chart EGOLD ICO drop from 20 sat to 4 sat in less then 6 hours
YOBIT exchange scam a lot of peoples in their new ICO "EGOLD" peoples
bought this ICO at 10 sat and they sold it at 4 - 6 satoshi because of
yobit scam YOBIT devs steal investors real BTC for a fake coin
Yobit is really a fraud. They seem to have no support and only create a telegram channel and have no effect. The admin often ignored questions. This is an unreliable exchange and I advise people not to trade there. If there is a risk, 99% of traders will lose their money.
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