Bitcoin Forum

Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: FreeTrade on February 06, 2018, 01:17:56 PM



Title: "Paying YObit to list is like paying somebody to punch you in the face"
Post by: FreeTrade on February 06, 2018, 01:17:56 PM
A few years ago, I was considering paying YOBit to get listed. HOdlcoin didn't have an exchange and everybody was eager to trade. "Paying YObit to list is like paying somebody to punch you in the face", Fuzzbawls cheerfully remarked. Fuzzbawls is older and wiser than me. Or at least I hope he's older, cause he's certainly fucking wiser. I couldn't see the downsides, so I paid up the .1BTC. Fuck I wish I hadn't. Their incompetence and dishonesty are destroying HOdlcoin.

The problem came we updated the coin. We gave them a weeks notice of the upcoming fork, they just ignored it, and left trading open on the old branch. They took deposits on the old chain and when they eventually updated to the new chain, they couldn't meet their obligations. Now they don't have enough HODL to cover their deposits. Rather than resolve the situation, they've left trading open, but disabled deposits and withdrawals. This is causing a lot of uncertainty for HOdlcoin, and it is difficult for the coin to grow because of it.

YObit has also now announced a new policy of charging for every update - so expect a neverending stream of requests for more BTC to continue support for your coin. Who knows what they'll charge for next? Maybe they'd be better off trying to charge for NOT listing your coin. That would certainly be better value.

And if you have funds on YObit? Don't. You're gonna get bitten sooner or later. Whether it is through their incompetence or dishonesty, you'll eventually get punched in the face too.


Title: Re: "Paying YObit to list is like paying somebody to punch you in the face"
Post by: ramarianz on February 10, 2018, 09:48:52 PM
i already know that since 2015 . since they create a more fucking idiot ico .
in my opinion , they just create a fucking quick money with dust coin.
and never got a real status of their ico coins.
most are never listed in the coinmarket



Title: Re: "Paying YObit to list is like paying somebody to punch you in the face"
Post by: xcbjsuw on February 11, 2018, 02:02:23 AM

Token that I know, who has paid for listing to Yobit is
DHG = Dash Gold
XMRG = Monero gold
BTCQ = Bitcoin Quick

for DHG I know right, he has paid 0.5 BTC, but until now never listing in Yobit. so also with two tokens above.


Title: Re: "Paying YObit to list is like paying somebody to punch you in the face"
Post by: ashmodeus on February 11, 2018, 09:53:34 PM
well
after scam news about XMRG , they still continue with new market ?
of course XMRG will never get listed on yobit.
not that I think it's good, but the fact is I stopped used yobit since they ignored my ticket.