YOBIT exchange scamming peoples in EGOLD ICO and steal a lot of investors BTC's - page 3.

MidKnight

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Quote from: crypto1998 on May 29, 2019, 05:54:41 PM

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

My first question is 'why did you invest in that trashy exchange's IEO'? Yobit has no reputation to begin with. They have so many shitcoins and I think the most thing that their exchange do is to list a set of altcoin names to add on their exchange that has no purpose at all. I'm very sorry to what happened to you OP but I guess this is what you need to wake up in reality.

7788bitcoin

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Quote from: crypto1998 on May 29, 2019, 05:54:41 PM

yobit scam YOBIT devs steal investors real BTC for a fake coin

They are scamming people for a very long time and i cannot understand why people are still trading in that exchange till now, if you look at their past history they used to have coins that are not listed anywhere else who only use to pump and dump and scam the money of new users and still they are functioning is a miracle, they wanted to take advantage of IEO trend and they were planning for another elaborate scam and so is the reason they started the signature campaign here but the admin banned them for spamming, they must not allow these scams sites to advertise here.

BitMaxz

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Quote from: akamit on May 29, 2019, 06:33:04 PM

Yobit had an IEO earlier today I guess with the name of EGOLD

The IEO details were as follows. Taken from their site.

Quote

~snip~

Oh, it looks like Yobit uses Egold to make a fake IEO.

What I noticed from Egold ANN thread here on the forum no update about this coin so it means he is a victim of fake IEO.

You can check the announcement thread from here 🎮🌟🚀 [ANN][EGOLD] eGold | LENDING & BETTING | BUY BACK PROGRAM | CMC 🚀🌟🎮

Ailmand

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Op, I think it's better if you will focus on a single thread.
https://bitcointalksearch.org/topic/yobit-exchange-scamming-peoples-in-egold-ico-and-steal-a-lot-of-investors-btcs-5148836
You can delete the other one and stick to this thread. However, we all know that Yobit now has a bad reputation so we better get rid of it. There are still lots of trusted exchanges to use so let's not risk our funds in Yobit.

The Sceptical Chymist

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Full disclosure: I don't know anything about IEOs or what this EGOLD thing is, but is it possible that the price drop was due to market forces instead of some kind of nefarious behind-the-scenes manipulation on the part of Yobit (which is what I think is being implied here)?

Whether the answer to the above is yes or no, people really need to be careful about using Yobit for anything. I recently took my chances and used them to buy some RDD, since it's not sold on Binance or any of the other major exchanges. Fortunately everything went smoothly, but I don't doubt for a second that had there been a problem with the transaction that I would never get satisfaction in the end. Their customer service department (if one even exists) is notorious for not being helpful.

TL;DR: Screw Yobit. Don't use them if you can do a trade on a better exchange, and don't assume that since they've been around for years that they have a shred of honesty.

akamit

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Quote from: BitMaxz on May 29, 2019, 06:25:50 PM

When did you buy this coin Egold? this coin is launched last 2017 and it looks like the price is around 100 sat before.

Yobit had an IEO earlier today I guess with the name of EGOLD

The IEO details were as follows. Taken from their site.

Quote

ICO coins: 4,440,000,000
ICO price: 0.00000010 (10 sat)
ICO amount: 444 btc
ICO type: rocket (high risk)
Buy limit: 11 btc

ICO rules:

- InvestBox Plan: 7% / daily (new IB)

- Buy walls (you can sell after the trading start and be in profit):

0.00000020 (20 sat) - 20.2 btc
0.00000019 (19 sat) - 20.2 btc
0.00000018 (18 sat) - 20.2 btc
0.00000017 (17 sat) - 20.2 btc
0.00000016 (16 sat) - 20.2 btc
0.00000015 (14 sat) - 20.2 btc
0.00000014 (14 sat) - 20.2 btc
0.00000013 (13 sat) - 20.2 btc
0.00000012 (12 sat) - 20.2 btc
0.00000011 (11 sat) - 20.2 btc
0.00000010 (10 sat) - 20.2 btc
0.00000005 (5 sat) - 20.2 btc
0.00000004 (4 sat) - 20.2 btc
0.00000003 (3 sat) - 20.2 btc

BitMaxz

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When did you buy this coin Egold? this coin is launched last 2017 and it looks like the price is around 100 sat before.

You should look to other exchanges if the selling price in Yobit is too low this coin is currently 20 sat each.
So sending it to another exchange will save you from selling it for a cheaper price.

Check this link https://www.coingecko.com/en/coins/egold#panel

Yobit is a well-known fraud/cheating they are sometimes giving you a higher price then sooner or later the price of the coin drop. So stop using them switch to other exchanges to trade.
I suggest you check every coin you have in coingecko then check the exchanges tab to see all listed exchanges to trade your coins.

harizen

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Quote from: crypto1998 on May 29, 2019, 05:54:41 PM

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

Mostly, Yobit ICO's just pumps and dumps. Even for let's say Yobit didn't participate in the dumping scheme (although obviously, we know what's the catch here), there are lots of big players there taking advantage of it.

That's why if you don't know the risks you are dealing with, better stay away.

Why on earth did you participate there in the first place?

There are still more rooms for you to get out if you want to minimize your losses.

akamit

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Quote from: crypto1998 on May 29, 2019, 05:54:41 PM

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.

rdbase

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Yobit is one of the least liked exchanges here on the forums.
I dont know anyone who recommends using them and have quite a bit of members here complaining about their site and service. Support does not reply to their customers is a sign of a poorly developed site.
Best to avoid using them in the future. Lips sealed

crypto1998

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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

Topic: YOBIT exchange scamming peoples in EGOLD ICO and steal a lot of investors BTC's - page 3. (Read 566 times)