Bitcoin Forum

I decided to ask you guys about this one because I had a little luck with this new coin added to the YoBit exchange called SMF...seeing a little buzz in trollboxes across a few exchanges but not really finding a lot of info about what this coin is or any official slack or site at the moment.

Reason I have interest...I somehow got in low today...right before a mini pump up and happened to turn $8 usd to $70...definitely got off that train at the top.....but I am starting to get curious if this could be a sign of possible things to come and debating on getting back on seeing its gotten a lot lower there than my original buy in and seems to have a stable trend going on for a new coin dropped on an exchange. I really tend to do serious research before I long any coin or ride it a few times for short profits...so wondering if any of you know where I can gather more info and decipher if scam is involved or some new awesome tech is attached to this coin. Either way, love what its done for me lol...can't complain but the greed is thick in me to see if I can do it again lol

I am actively trading on Yobit I am not aware of smf just now,I understand it's a new coin and there's no announcement here I don't know how it get because Yobit only accepts Bitcointalk topic anyway ,they must have paid a premium listing to get in,be very careful trading an unknown coin,you never know when dumping will start.

looks like it is a SmurfCoin
https://bitcointalk.org/index.php?topic=1772998.0

Coin has been trading for a grand total of 1 day and already sitting at 1sat with no buy orders. I wouldn't touch this thing with a 10 foot pole, glad to hear you got in right at the start and made a smug profit off the inevitable launch-day-pump, but I certainly wouldn't get in again under any circumstances.

Most coins which added only to Yobit - it's shitfull scam. Also if this altcoin also have an ICO on Yobit  ;D Many of them don't have discussion bracnh on this forum. Fast scam, nothing more.

Lol, seems that this is just another shitcoin, just check their Buy and Sell orders, lots of sell orders while there is not even a Buy orders.

I wouldn't spend more time and power to discuss about this (so I would lock this thread lol), maybe this coin will have potential in the future but for now it seems a dead coin.

It's a pump and dump coin. A coin that has real progress doesn't just hop on an exchange a month after it's built and the coin doesn't have the technical features that prove it.

If you really want to talk about price, it's at 1 satoshi on YoBit. That shows the interest from the traders and the developer was last active on: February 08, 2017, 05:27:53 PM.

He might've already sailed to a private island by now.

My advice to you all is research the coin before investing! Just because it is new it does not mean that you should automatically enter the trade. Doing it like that will allow you to make money easier.

What do you expect?  Anyone know how many coins are traded on Yobit?  Last time I visited them, there were probably hundreds. You go through that list, and it's like one of those websites where you can keep scrolling forever.  The simple fact is this:  There are not enough people interested in crypto to support even 10% of those.  They're all useless!  Even the bigger-named ones like Litecoin, DOGE, and such, the market is thin as hell.  No one's going to even remember most of these pieces of shit in 10 years.  Guaranteed.

In such a coin can not be potential because it's shit coin.

I'm wondering how this coin has been listed in Yobit while there are many other coins that have millions of investment and aren't listed in Yobit.

For example the ICN, it has a pretty good popularity and community and is listed only on Kraken and Liqui, not on Poloniex nor in Yobit.

I'm lucky to get out here early,trading at the start was so fast,there were pumps ,then dumps so if you are not that fast you will lose.I'm lucky to have a small profit here before it went down to one sat,Ico on Yobit are just that you have to hurry to buy and very fast also to sell.

I noticed the price per Smurfcoin with the YoBit ticker.

https://yobit.net/imginfo/SMF (https://yobit.net/en/trade/SMF/BTC)

The price is at 1 sat. Not only can the person cash out of the coin, the people lost 50% because it has 0 buy orders on 0 sats. If the person decides to sell at 1 sat then they would lose roughly  2% of their whole balance because of YoBit fee's.

Then again it is YoBit so the coin might pump for no reason. If you hold onto the coin you might get some money from it lol.

There are thousands of shit coins traded only in Yobit and you could only see those coins in Yobit so i would not dare to invest a cent into any coins they list over there as you could see all the hype and volume through the troll box aka chat box and the moment you investment into it you become the bag holder.

I have a question about Yobit, where do you see on Yobit what coin was just added or what coin will be added soon?