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Topic: YoBit IEO's (Read 818 times)

full member
Activity: 1638
Merit: 122
June 11, 2019, 05:12:10 AM
#68
~snip~
Yes, I don't like yobit always spaming my email, notify me for joining them IEO.
Look like they use old marketing strategy to selling them product.
Actually I feel what you felt. I regret because I have made an account there and I used the main email so as it always distrub me. Maybe it will be dangerous if the people who accept the email that hasn't known the reputation of yobit till he believes that the project will give him profit and he try to take a part with it.
reputation of yobit ?  I dont think that yobit is reputable enough  . yes yobit have existed for year or two but i still see alot of complain from this exchange . if ever you disturbed about their marketing campaign then you should marked them as spam  .   when it comes to their ieo i think its okay to join them because yobit is still operating  and that means that you can still recieve your payout .
legendary
Activity: 2674
Merit: 1048
June 11, 2019, 12:15:21 AM
#67
~snip~
Yes, I don't like yobit always spaming my email, notify me for joining them IEO.
Look like they use old marketing strategy to selling them product.
Actually I feel what you felt. I regret because I have made an account there and I used the main email so as it always distrub me. Maybe it will be dangerous if the people who accept the email that hasn't known the reputation of yobit till he believes that the project will give him profit and he try to take a part with it.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
June 08, 2019, 10:52:20 AM
#66
What are people's thoughts on their IEO's? The coins cannot be withdrawn, they must be bought and sold for profit on their exchange. It seems like a smart idea - but you could lose quickly if you're not fast enough.

Next one in 90 hours - I'm going to try catching it this time..

EDIT: If it's not clear, this is a huge fucking gamble, I'm put $5..

I've received a lot of IEO invite to invest but no even if the project is good and there is profit to be made because we all know of the bot they are using which according to some people are predictable, I'll still won't go for them, the complaints are so many that I might eventually become one if I participate.
When it regards to IEO it doesn't talk mostly on the price but on how you would able to participate.Knowing that even getting inside into the sale itself
would already be a struggle for a possible small investor yet there are already lots who are queuing for the spot.
legendary
Activity: 2450
Merit: 1047
June 07, 2019, 10:44:31 PM
#65
What are people's thoughts on their IEO's? The coins cannot be withdrawn, they must be bought and sold for profit on their exchange. It seems like a smart idea - but you could lose quickly if you're not fast enough.

Next one in 90 hours - I'm going to try catching it this time..

EDIT: If it's not clear, this is a huge fucking gamble, I'm put $5..

I've received a lot of IEO invite to invest but no even if the project is good and there is profit to be made because we all know of the bot they are using which according to some people are predictable, I'll still won't go for them, the complaints are so many that I might eventually become one if I participate.
legendary
Activity: 2366
Merit: 2054
May 30, 2019, 01:09:09 AM
#64
~snip~
Yes, I don't like yobit always spaming my email, notify me for joining them IEO.
Look like they use old marketing strategy to selling them product.
legendary
Activity: 3122
Merit: 1140
May 29, 2019, 04:37:12 PM
#63
Now they've got a Bitcoin Fork thing going on. 1:1 for all your BTC balances. Obviously they want as many people to deposit BTC (as with their IEOs).

Could YoBit be planning to exit-scam?
I would say 80% Chance and it is really very an obvious thing.Who the hell would deposit tons of BTC for that shady fork? 1:1? Whats the name of that forked coin?

They are becoming too greedy or just simply doing their last step before they do exit out.
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
May 29, 2019, 03:52:10 AM
#62
Now they've got a Bitcoin Fork thing going on. 1:1 for all your BTC balances. Obviously they want as many people to deposit BTC (as with their IEOs).

Could YoBit be planning to exit-scam?
sr. member
Activity: 1274
Merit: 267
May 15, 2019, 08:11:27 PM
#61
Well, actually this issue can't be clearly defined as a scam. They just took our rights to withdraw your funds. It's probably part of their decision to keep their exchange volume. Yobit always does this kind of weird things, unfortunately we never be able to take them down and calling them scammers. What we can do is to only stop using their exchanges so we can avoid any loss or disappointment.

Removing user rights to withdraw their funds is an outright scam for me. How can exchange not allow their users to withdraw their funds? But well they can do it because people accept that they can do whatever they wanted though.

Yobit is definitely one of the shadiest exchange that I know but many people still use them because they can still make a few bucks here. Only if they suffer a great loss or if Yobit ran away, they'll learn their lesson.
You are right and I agree with you, every dishonest action must be a scam. But still, a lot people would not agree with that because they define a scam differently (few people won't say scam until they experienced loss). That's my point!
legendary
Activity: 2170
Merit: 1427
May 14, 2019, 04:40:59 AM
#60
Here I agree, but even large exchanges like Bitrex can play with the users' funds, asking them for additional information, thereby trying to block your funds under any pretext.

Bittrex knows what that means for sure. They have a history of dealing with users in a not so friendly manner.

It's not possible anymore to withdraw a single satoshi without verification from Bittrex. The scummy part here is that while they don't allow you to withdraw funds, they do allow you to deposit funds, which is pretty much a noob trap. They pass it off as convenience for the users, but the reality is that they just aim to have people deposit funds and then leave for ever because they don't want to KYC/AML verify themselves.
legendary
Activity: 2170
Merit: 1789
May 14, 2019, 12:55:30 AM
#59
Well, actually this issue can't be clearly defined as a scam. They just took our rights to withdraw your funds. It's probably part of their decision to keep their exchange volume. Yobit always does this kind of weird things, unfortunately we never be able to take them down and calling them scammers. What we can do is to only stop using their exchanges so we can avoid any loss or disappointment.

Removing user rights to withdraw their funds is an outright scam for me. How can exchange not allow their users to withdraw their funds? But well they can do it because people accept that they can do whatever they wanted though.

Yobit is definitely one of the shadiest exchange that I know but many people still use them because they can still make a few bucks here. Only if they suffer a great loss or if Yobit ran away, they'll learn their lesson.
sr. member
Activity: 1274
Merit: 267
May 13, 2019, 04:23:08 PM
#58
I would not participate in IEO on this exchange. I believe that there are more reliable and better exchangers, and yobit personally does not inspire confidence in me.
I'm also not sure about yobit, I think many people are doubtful about yobits. they have a bad reputation.
but everyone has a different judgment and I support it.
Well, actually this issue can't be clearly defined as a scam. They just took our rights to withdraw your funds. It's probably part of their decision to keep their exchange volume. Yobit always does this kind of weird things, unfortunately we never be able to take them down and calling them scammers. What we can do is to only stop using their exchanges so we can avoid any loss or disappointment.
jr. member
Activity: 2016
Merit: 1
May 13, 2019, 04:18:49 PM
#57
This is the new trend on yobit and day by day we can witness a new IEO there. I have tried several times to participate in any of IEO but mostly peoples rushed and they grabbed the cream. We can see huge transactions there during IEO period also they put some good plans in the investbox as well. We should be careful in participating in IEO, may be we can lost all and may be we gain more then expectations.
legendary
Activity: 2366
Merit: 1206
May 13, 2019, 11:28:29 AM
#56
I would not participate in IEO on this exchange. I believe that there are more reliable and better exchangers, and yobit personally does not inspire confidence in me.
I'm also not sure about yobit, I think many people are doubtful about yobits. they have a bad reputation.
but everyone has a different judgment and I support it.

I don't like yobit aswell. They have a very bad reputation not only here in the forum but in other sites too. Too many scam coins and I think they are listing all coins just to make profit from it.
I heard that name a year ago(yobit) but that name was very common here in the service section it has a ton of customer complaint. So why should I use them? There are gambling site and exchange sites that better than them or if you're not then you wanted to be a next victim of them. In that case, I never tried to invest nor to visit their sites and one thing that comes up in my mind is to stay away from them.

full member
Activity: 602
Merit: 134
bounty manager? contact me: https://bit.ly/2skHgzN
May 13, 2019, 08:26:00 AM
#55
I would not participate in IEO on this exchange. I believe that there are more reliable and better exchangers, and yobit personally does not inspire confidence in me.
I'm also not sure about yobit, I think many people are doubtful about yobits. they have a bad reputation.
but everyone has a different judgment and I support it.

I don't like yobit aswell. They have a very bad reputation not only here in the forum but in other sites too. Too many scam coins and I think they are listing all coins just to make profit from it.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
May 13, 2019, 03:03:30 AM
#54
I would not participate in IEO on this exchange. I believe that there are more reliable and better exchangers, and yobit personally does not inspire confidence in me.
I'm also not sure about yobit, I think many people are doubtful about yobits. they have a bad reputation.
but everyone has a different judgment and I support it.
hero member
Activity: 2982
Merit: 597
Leading Crypto Sports Betting & Casino Platform
May 11, 2019, 06:41:53 PM
#53
What are people's thoughts on their IEO's? The coins cannot be withdrawn, they must be bought and sold for profit on their exchange. It seems like a smart idea - but you could lose quickly if you're not fast enough.

Next one in 90 hours - I'm going to try catching it this time..

EDIT: If it's not clear, this is a huge fucking gamble, I'm put $5..

Yobit is so good in doing this, in fact, they have been doing this in the past with ICO's that choose to do their crowd sales using their platform and they are also good at pumping dead coins, better be very careful they are employing a bot to make sure that they are going to make a huge profit.
newbie
Activity: 12
Merit: 0
May 10, 2019, 05:09:55 AM
#52
IEO are more legal than ICO, as some legal documents and KYC are needed to arrange it, but the price after IEO can decrease forever, and the investment will be unprofitable. Researches has to take place, choosing the right IEO and exchange to invest.
legendary
Activity: 3122
Merit: 1140
May 09, 2019, 04:09:35 PM
#51
When choosing up an exchange then i would normally stick to the best ones rather putting and gambling my money with Yobit exchange.

People seem to choose the exchanges (e.g. Yobit, Cryptopia, Livecoin, etc) that matches their IQ. Not really a surprise at the end of the day.

I have a (not so smart) buddy of mine who tried to participate in an IEO on almost every trash exchange possible, and didn't manage to enter even once. You could say that he at least didn't lose anything by not participating, but the risk here is that the exchange can lock your account and force you to verify yourself. They'll annoy you with silly questions until you drop your case and accept your loss.

Here I agree, but even large exchanges like Bitrex can play with the users' funds, asking them for additional information, thereby trying to block your funds under any pretext.
Its not 100% guaranteed that you wont be fucked up even on most big and famous exchangers and this do excludes bittrex or even on BInance possibly.

They do really have the right on asking KYC thing but this is on different matter.We do mostly talk on not being paid out when it comes to our withdrawals and other transaction
related things which do mostly happen on these small and shady exchange.
legendary
Activity: 3248
Merit: 1160
Fully Regulated Crypto Casino
May 09, 2019, 04:32:49 AM
#50
IEO seems to be the most effective method of raising funds now, but actually if I will invest I choose a site where I will participate.
Respect to people who choose yobit but in my own opinion if there are better sites that offers like Binance, then I would choose the better one.
Binance is by far the best exchange to choose, but also the most impossible one when it comes to buying into their IEOs. Tens of thousands of people and bots are competing for the same IEO, good luck with that.

The same applies to Bittrex. Just try to buy into an IEO on these exchanges and you'll see for yourself. Mission impossible. Free money is what people see and that's why they dump the moment the IEO becomes tradable.

Not sure about Huobi and a few other Asian exchanges when it comes to IEOs, but I don't trust them at all. If you're sending funds over to these exchanges then it's similar to Russian roulette.

I've heard about this, I haven't invested yet, still in the planning stage.
The competition is really huge, maybe because these coins are meant to pump?
I am searching for the statistics of this site particular on their IEO offering and I want to know if it's profitable in overall.
I also heard some projects in Binance IEO are not profitable to investors, like https://coinmarketcap.com/currencies/fetch/
full member
Activity: 980
Merit: 132
May 09, 2019, 12:22:39 AM
#49
When choosing up an exchange then i would normally stick to the best ones rather putting and gambling my money with Yobit exchange.

People seem to choose the exchanges (e.g. Yobit, Cryptopia, Livecoin, etc) that matches their IQ. Not really a surprise at the end of the day.

I have a (not so smart) buddy of mine who tried to participate in an IEO on almost every trash exchange possible, and didn't manage to enter even once. You could say that he at least didn't lose anything by not participating, but the risk here is that the exchange can lock your account and force you to verify yourself. They'll annoy you with silly questions until you drop your case and accept your loss.

Here I agree, but even large exchanges like Bitrex can play with the users' funds, asking them for additional information, thereby trying to block your funds under any pretext.
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