Bitcoin Forum

I am seeing ALL the scam accusations against Yobit is NOT yet closed in an agreeable way.

I am not seeing Yobit hiring a manager to take care of controlling spam in all possible way.

But, people started wearing Yobit's signature and promoting them in each and every corner of this forum.

Participants' ban is temporary as they deserve another chances. But, what Yobit has done from their side to qualify to have campaigns here. The prohibition of Yobit to run campaigns should be extended until they clear themselves in all means.

There are lots of open scam accusations against Yobit. People who are all supporting/promoting a scammer might get eligible for red trust (and not obviously for spamming).

The clock on their punishment ran out. I'm shocked they aren't actually using an onsight manager from what I can tell. If it turns into the same spamfest I imagine the punishment will be worse. In regards to the scam accusations the forum doesn't moderate that sort of thing.

Scams aren't moderated. Freedom of speech prevails, it's up to the users to check who they do business with.

From what I've seen, they're not paying. So it's just some more free advertising until it dies out.

Wow that would be a whole new level of 0 fucks given. It does look like only 1 person (https://bitcointalk.org/index.php?topic=5159189.msg51624974#msg51624974) has received a payment, hard to say how many people are actually wearing the Sig with no spreadsheet available. Guess we'll know in a day or 2 if payments start flowing. Assuming it doesn't all fall apart by then.

Nothing has changed. Yobit signatures were banned for 60 days, that ban period is now over and now they are trying to do it again.
Similar posting requirements with up to 20 posts per day, no manager to manage and check the quality of the posts so it can only go one way I think.
Probably another ban and possibly harder punishments for everyone involved.

So, it seems yobit signatures were wiped then as they were not doing in favor of controlling spam. I guess that was a first time occurrence where both posters and the business were punished for spamming and failed to control spamming.

In recent times, duckdice were prevented to host a campaign due to open scam accusations. Some years back when betcoin.ag were running a monthly sig. camp. both Lauda and Lutpin were warning people with the possibilities of negging participants.

I guess admin and mods may not do anything about yobit but it is time for DT people to take action against yobit promoters for supporting the scammers.

No. some people are claiming that they are getting paid without any problems. Probably case to case things here.

Do you have a link for the duckdice campaign not being allowed to have a Signature Campaign? All I could find was this refusal (https://bitcointalk.org/index.php?topic=5059222.msg47714643#msg47714643) for a forum advertising spot based on multiple Negative Feedbacks being left in regards to the service. This is different from moderating forum scams or their advertising activities through campaigns.

I should have left the whole quote in the first place but seeing as we veered that way tagging isn't an appropriate response for spam. You can tag them if you believe they are promoting a scam exchange but yobit is a grey area for a lot of people. Most have had no problems, and people who have had problems in the past haven't brought proper evidence or more than a generic claim in most cases.

We understand users not being banned when there is not clear evidence of scamming. However when MANY people have been clearly robbed by places like yobit that switch off their wallets for months or years to create their own markets and trap peoples coins into markets that nose dive immediately now is terrible.

The board is allowing places like this to suck people in that will certainly be fleeced of their btc.

It is bad for the entire movement. Especially new traders that may be immediately put off by their initial experience with such an exchange.

They should be blacklisted until they change their MO.

People should do their own DD for individuals but when it is a large(ish) exchange that looks semi pro it already looks credible and they can bring huge sig campaigns here then it drowns out the warnings that exist.

Until they stop turning off their wallets even for projects that have up to date working ones and leaving them offline for months or years then it must be blacklisted from this board. It is a trap for anyone that trades there waiting to happen.

https://bitcointalk.org/index.php?topic=5102953.0

Edit:
Betcoin : https://bitcointalk.org/index.php?topic=1236667.msg15753336#msg15753336
https://bitcointalk.org/index.php?topic=1236667.msg15747871#msg15747871

I am not sure that Yobit has still paid for their supporters or not. In my opinion, after 60 ban days over, signature of their supporters automatically re-appeared. The point for now is, to find out whether Yobit send emails (like what happened in their previous announcement on spam signature campaign) to their users in order to announce the re-run of their campaign or not. If they actually re-run their campaign, more serious action might come next days or weeks.

---

DuckDice locked their thread after people complained and open reputation thread
Alt of DuckDice.io which was tagged for scam (https://bitcointalk.org/index.php?topic=5103053.0)

They locked the thread due to lack of interest because participants are afraid they will get tag if they will participate in the campaign.

The warning post can be seen here * https://bitcointalk.org/index.php?topic=5102953.msg49477682#msg49477682

I wouldn't take what that user said as truth unless he proves it.

If Yobit actually decided to run their campaign like every other campaign does, i.e., with a campaign manager and standards for posting, there wouldn't be much of a problem.  Unfortunately when they resurrected their campaign 60 days ago or so, they figured they could do the same shit they did in 2015.  The forum has become a lot less tolerant to shitposting since then, which Yobit should have realized.

I wasn't aware that they'd started a campaign yet again after their ban, since I have signatures blocked--but I'm not surprised that a lot of people woke up to participate in it.  There aren't a lot of campaigns left, and Yobit pays pretty well and has a good payout system.  Those are the only good things I can say about them.  Everything else they do with respect to their signature campaign sucks.

I'm of the opinion that Yobit campaigners shouldn't get tagged, because I don't think Yobit is truly a scam exchange.  I know I'm probably in the minority there, but they've been in business for years and haven't absconded with their customers' funds like some other exchanges have, and I've used them with no problems whatsoever.  They are shady, yes.  Their customer service is non-existent, yes.  But they don't rank up there with other flat-out scam exchanges.

It surprises me that you have signature ads on block when you're in one yourself, sound's funny to me. Normally when forum members come out to declare they have the signature or avatar feature disabled, they usually aren't participants of the system (signature campaign). I mean what's the profit in not giving others the opportunity to sell their product to you when you do sell your to them in the same manner (signature space). No offense, just need charity from your angle.

Yobit isnt even paying, they cant help that idiots keep wearing it on the hopes of getting paid. Its not yobits fault that people keep wearing the signatures

Are you sure? I may be wrong, but I remember an user saying that he got a payment (that was after the ban ended out).

You accrue btc in the signature wallet but it will never let it transfer you over to your yobit balance

Oke what has happened in the past with Yobit that everyone is calling them scammers?
Because I was in the Yobit campaign in 2016 and at that time they would pay out no problem!
So what happened last time because when I saw their signature campaign I was like nice I can join that again.
But when I read this topic and see your reactions I am doubting if I should still stay in it?

I don’t think it’s about the sig campaign at all but rather due to the fact that the exchange has a number of problems. This thread should have most of it https://bitcointalk.org/index.php?topic=5153493.0.

But, scams aren't moderated, so that shouldn't be the reason that the sig campaign isn't allowed.

It was rather the amount of spam it caused due to their lax posting policies (20 posts a day max etc), and no moderation of said campaign.

This is somewhat ironic indeed.

I'm not sure, but i think i've seen BitBustah extolling the work of yobit, including him saying he got paid.

I heared a lot of rumours in the past months about the exchange Yobit. Not sure if they are all true, but I have used it for many transations and never had one problem. It's strange that they would hold another signature campaign, but if you're losing support you have to try and get your name out again, right?

Good to hear your stance on yobit.

I can agree that they are a shady exchange but not a scam exchange since I was not scam by the exchange yet and I would only like to say based on my experience and cannot conclude based on others since some scam accusations against yobit has no solid proof.

Rubbish. They are the biggest & well known scam in crypto, just above the scam exchange you are prostituting yourself for.

You had no problems because not allowing people to withdraw is a very big red flag and if that happened you'd all run to every forum on the Internet to tell people about it. They won't steal your couple hundred dollars worth of crypto because it allows them to maintain a facade of a legitimate exchange and do the dirty work behind the scenes.
This includes manipulating the markets, listing scam coins for a hefty fee, most likely participating in pumps and dumps and running a ponzi scheme in the form of an "invest box". I wouldn't be surprised if they were laundering stolen coins as well.

Yobit is a CLEAR SCAM.

It switches off its wallets trapping traders coins on plummeting markets. Some have been off line for years with no response even when devs are contacting them.
These are coins that have fully working wallets there is no reason for them to take them off line.

Total shit hole should be blacklisted from this forum. Damages the entire movement when exchanges get to advertise here that are pulling this shit.

Read what Loyce said:


This isn't going to change, I'm 99.9% sure of that. To me that's one of the cornerstones of this forum and I'm not saying that because I like scams being promoted or anything like that. If you want strict moderation of content, I think Reddit might be a better place for you ;)

Besides, is there actually proof of Yobit doing this, for the exact reasons you've mentioned?
Or is it just a coincidence?

What's a coincidence? What proof do you want of yobit being scammy?

Well yeah that goes without saying but I somehow misinterpreted the other poster’s statement to mean the exchange as a whole(which definitely has problems) and not with the sig campaign so my bad. @AdolfinWolf

I dont have any proof but I have read and heard numerous stories that shows Yobits bad reputation. They have even admitted taking part in pump & dumps that are illegal in any regulated market and they are scamming unknowing participants of such campaigns who think they can profit from them.

With a lot of DTs being part of the conversation can we clear things out? So from my understanding if Yobit does another campaign here in the forum users who will participate in it won't be tagged by promoting a "suspected" scam exchange neither due to contributing spam in the forum? Wouldn't it be bad for our side especially when Yobit is doing nothing to prevent their participants from posting spammy content in the forum? The way I see it is the whole merit system wouldn't matter as long as this users are happy and contented from these kinds of sig campaigns.

Them actually disabling wallets of coins that are dropping in value?
For the record, I'm not saying this isn't the case, I've never used Yobit myself, nor have I heard about these claims.

All I've heard is that they're a shady exchange, but I've never really looked into it any further than that.

Why would I trade on Yobit, when there are dozens of other options out there that don't have such a negative reputation?

This is merely a scam accusation and the forum doesn't handle issues such as this, instead of waiting for the forum to take action for you, it's up to you to try and much as possible not to deal with them.
A lot of awareness has been created on the said shady activities they carry out, and the forum has actually banned them for 60days, all this is basically to act as a deterrent to people that wish to work with them as they do so at their own peril.

I don't think so. Even when a project is a proven scam one, participants of that project will have an acceptable period of time to take their avatars and signatures off. Maybe from 24 hours to 72 hours (as I saw in what happened with DuckDice.io's campaign). For Yobit, there is no solid proof to prove that that scam. Consequently, DT members can not raise a Warning for Yobit participants, like what they did with Duckdice.io.
However, thing will be changed if someday Yobit proven as a real scam exchange, not a 'suspected' scam one.

I have a past experienced from 2016 to 2017 about shitcoin before. I tried to withdraw them because I would like to hold them for a long time after the price drop to 1 sat/byte but the wallet is under maintenance I tried to keep login daily and wait for the update but it remains "under maintenance".

After 2018 I tried to open my account again and check if I can withdraw the coins out from the yobit because the price was increased but my coins are gone.

This is the only reason why I never used their service again. I can't give you proof but I believe many yobit users experience the same thing.

I would say that disabling avatars and signatures makes one's forum experience more streamlined. Less clutter and fixation on individual users. Rather, you focus on the posts themselves.

---

Dissociating the person from the argument is what allows for honest discussion.

Sounds terrible, but really? Yobit is shady and non-customer support, but I did not see others complain about that. I could be wrong because maybe there are posts or threads on Yobit that I did not see so far. I remember about Callisto Network (CLO) coin. Yobit support that coin when it forked from Ethereum Classic many months ago, but during early days (or even weeks), they don't allow users to make deposits. They just allow users whom received Callisto Network on their sites to sell CLO coins.

Probably some delisting like most exchanges that host a load of coins.

Any coins that are left on their exchange are taken away and used at their discretion. That's why you should control your own keys... otherwise you're at the whim of some third-party entity.

You look like full of shit here, just defending and already proven shady exchange under free of speech without any previous study on YoBit.

What you are doing is just drilling the thread and misleading people to think that its OK to promote an already proven shady exchange as there are no proofs while there are many.

Just check this thread https://bitcointalk.org/index.php?topic=5134358.0 by AdolfinWolf, I am sure you would have an solid feeling of it being scam even though you have not used it before.