Everything around this hype stinks.
It's just the way they make money, and sadly lots of people are trying to ride on this train to get profits from retail investors.
Topic: YoBit IEO's - page 4. (Read 838 times)
Every recent IEO that I know of sold out in a matter of seconds. That's impossible if you're human, so yeah all of them were bought by bots, or maybe it's the exchange itself that buy it early and then sold later when the trade opens.
It's just the way they make money, and sadly lots of people are trying to ride on this train to get profits from retail investors.
It's just the way they make money, and sadly lots of people are trying to ride on this train to get profits from retail investors.
IEO is the new trend now when it comes to investing and you really need to be fast and alert if you dont like to miss out the train. You missed then you'll surely lose some money.
Even if you managed to invest, it's more likely that you end up losing than to actually make profit, and this applies to all exchanges that participate in this IEO hype. Also, you can't lose any money if you don't invest in the first place.The problem these exchanges don't want to solve is how bots in a matter of seconds empty the whole pool of tokens, and it wouldn't surprise me if most of these bots are operated by the exchanges themselves.
Everything around this hype stinks.
Right, and often the exchange is in the best position to run the fastest bots and get in on their own "non-token" IEO before everyone. They may still allow some profits for regulars, as long as they secure some for them first. The people who are late or think there is another pump inbound (when things dump instead) are the ones who give away they money. It's an exchange doing some good marketing - Yobit has actually been around for a while now (this is not to say they can't scam - just like any company one must do their own research). I use them for some well-known-coin trading albeit with small amounts of BTC. I keep missing their IEOs though..
IEO is the new trend now when it comes to investing and you really need to be fast and alert if you dont like to miss out the train. You missed then you'll surely lose some money.
Even if you managed to invest, it's more likely that you end up losing than to actually make profit, and this applies to all exchanges that participate in this IEO hype. Also, you can't lose any money if you don't invest in the first place.The problem these exchanges don't want to solve is how bots in a matter of seconds empty the whole pool of tokens, and it wouldn't surprise me if most of these bots are operated by the exchanges themselves.
Everything around this hype stinks.
by being fast means you should be the first to dump what you have got because if not, you'd be holding a worthless coin. lucky if you got the project where the developers are seriously developing the project. unfortunately i don't find much serious projects that are listed in yobit and not listed somewhere else.
launch their IEO and as far as i know they succeeded and accumulate thousands of BTC which is pretty questionable sale for such shady site.
I agree with you about Yobit.
There is too much appeal to them, especially when they are concerned about withdrawing problem. I give my support to IEO, but only to high trusted exchanges. Many scam projects, now they can use more "secure" way to take money from the investors.
by being fast means you should be the first to dump what you have got because if not, you'd be holding a worthless coin. lucky if you got the project where the developers are seriously developing the project. unfortunately i don't find much serious projects that are listed in yobit and not listed somewhere else.
launch their IEO and as far as i know they succeeded and accumulate thousands of BTC which is pretty questionable sale for such shady site.
by being fast means you should be the first to dump what you have got because if not, you'd be holding a worthless coin. lucky if you got the project where the developers are seriously developing the project. unfortunately i don't find much serious projects that are listed in yobit and not listed somewhere else.
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..
IEO is the new trend now when it comes to investing and you really need to be fast and alert if you dont like to miss out the train. You missed then you'll surely lose some money. Next one in 90 hours - I'm going to try catching it this time..
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..
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..
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