Topic: YOVICOIN [ROM] [NEW KIND OF MARKET] [PRICE CAN ONLY RISE] (Read 27293 times)

Don't you know?
There is a problem at the exchange-as with the introduction of,so with the conclusion.
I do not recommend there to trade-in order to avoid losses.

hm, any info about project? Some info about developers? And yobit pretty bad exchange, there no volume and etc

That's the right thread: https://bitcointalk.org/index.php?topic=1120967.1060

Is there any way humanly possible to cashout this coin? i will even take %25 if i can sell it!

in recent bids are at a high level.

Nvm, found it:
https://bitcointalksearch.org/topic/ann-yovi-yobitvirtualcoin-5-pos-rom-1120967

Weird, no announcement for yovicoin or anything?

do not be worry for  this scenario....take it easy...and do it..

and the deposits were closed

no one can deposit JOVI to their JObit accs

Yeah it's a bit special. I didn't understand what this coin was though, so glad this thread explained everything ^^

I have bought 4 YOVIcoin.. lala

i sell 2 yovicoin for 0.002 BTC fasttt....

i think perfect coin 

I'm surprised they have to operate reactively as opposed to proactively here. Was there really no consideration given to the idea that giant sell walls could be put up?

well i bought in after second launch, sold my coin at profit bought in again

So I'm sure .1 is already placed every 10 sats up to 2k sats+, anyone buying now is throwing their money away. Good luck bagholders, I'm sure as hell not helping you out of this coin.

Around 22m

what is total supply ?

They added new rom rules:

- max wall size: 0.10 btc
- max sell order size: 0.10 btc
- minimal step between new orders - 10 sat (0.00000010)
- max 10 open for sell allowed for ROM market
 All orders in walls > 0.1 btc are cancelled, this is a necessary measure for the market recovery

It's not abuse, it's called game over.

It is hardly sell wall abuse. If a coin gets to 1 sat and people want to sell at 1 sat to get out then coins tend to pool up at 1 sat into a wall since they cannot sell it lower. That is not called sell wall abuse. In the Yovi case the lowest sell price is in effect like a 1 sat wall because people cannot sell it lower to get out. Each time the price goes up the 1 sat bottom moves up with the price. It is as if people are selling at 1 sat all the time.

I don't think there will be Yovi2. BlackSmith said that they will concentrate and support this one, by releasing a Yovi POS wallet next week, and on Monday updating rules to stop the sell wall abuse

Next up: virtual coin JohnBon. Dump only. Oh wait, we see that every day.

When will Yovi2 start? if this is the only one tell me now so I can stop watching for it.

Always read the fine print.

Lets hope we get an Info before they launch it so we can buy when it's 1 sat ;-)

YOVI going POS with a blockchain.

Blacksmith said something....

Close this thread

Lets hope so

fuck i missed this oh well

Next such coin will come for sure, watch Yobit..

Looks like it's stuck right now at 895 think it's dead in the water for now anyway

People who buy this are insane.

Unless of course the inner circle who were told about the launch, then that's a different story.

Shame on you Yobit. Shame on you.

theres no way to keep price increase for ever , so pass

YoBit and C-CEX are well known because they are very really care about their users. They don't list Scam coins and would never cooperate with a Scam ICO.

The reason they are small and propably will stay small is that they do list Scam coins use (inhouse) devs to make up coins or Scam ico's.

Why would even consider sending money to YoBit or C-CEX, simple
- They don't work with reliable payment providers like Paypal or Visa
- There is no address listed, which means they can run with your money and there's nothing you can do
- Domain information is protected, which means they can run with your money and there's nothing you can do

An exchange would list a coin if there is a market. The market is decided by supply and demand. Usually this is by some special features created before launched.
Hey, investors, we got the next Bitcoin Killer, because our coin can do "This" or our coin can do "That"

Yobit and C-CEX don't care about the market, they want to earn money so they create a market with Scam coins.

Then people come home, dammit I lost 4 BTC because it was an scam. How stupid can you be? If you want to be an early adopter at least do some research
- Listed at C-CEX, Yobit or any minor exchange (big exchanges won't risk their name with an exchange). NO
- Newbie account. NO (Why would you hide your identity. If I would make a coin, everybody and I mean everybody should now, it was my idea, Period)
- No unique key features that are unique. NO
- A one man team. NO
- ICO/Premine. NO
- Lack of clear plan/prospectus. NO

Really if you follow above guideliness, not one coin that has been a scam would be an investment you have made.

P.S. It took me 5 min to get this info.
P.P.S. Most of this can also applies for Bittrex.
P.P.P.S The mod of this subforum has been banning people who had the same message left and right. Let's see if BCT conducts it's own forum guideliness this time.

Eehhbb,ponzi

Yobit is officialy dead to me. Just because they deny to serve one side of the market doesn't mean it's healthy, in fact as said above this is pretty much a braindead form of ponzi.

I take it only the ones who knew about the release got to buy at 1 sat. Pretty audacious experiment.

I see now, this is like trading version of musical chairs lol would have been nice to get in at 1 sat!

Ponzi tokens, last time I tried this I got rekt

Well, if the music stops the last guy standing without a chair is the bagholer.

You can only set buy higher than the lower sell price. If the lower sell it's 200 you can't buy @100.
because people can't sell @100, but only @200.
If people stop buying no sell will be filled, and nobody will makes profit.

What about buys?

Can people make buy orders at any price they like, even one sat, and can others directly sell into those buy orders? If that's how it works then YOVI's price could go down.

What if people stop buying it and trading grinds to a halt?

But tomorrow..... 

Today yobit has lauched a new coin called YOVI, it works with a new kind of market that allow price only to increase.
Launched @1sat it's already @208 with 20BTC volume.


Here the Twit of Yobit : https://twitter.com/YobitExchange/status/617011144285388800
Here the market : https://yobit.net/en/trade/YOVI/BTC