Most of us know about gawminer and paycoin scam but why no one is talking about yobit yovicoin scam?
Yobit launched their own cryptocurrency YOVICOIN aka YobitVirtualCoin in july 2015
https://bitcointalk.org/index.php?topic=1108063.0;allhttps://bitcointalk.org/index.php?topic=1120967.0:allit was Raise Only Market (ROM) with 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 sell orders allowed for ROM market
All orders in walls > 0.1 btc are cancelled, this is a necessary measure for the market recovery
They promised
Sell limits in ROM will be increased after some time.- pay for adding new coins by YOVI with discount (by BTC without discount)
+ pay for special tools for new coins (block explorer, annonce by mail to Yobit users)
- pay for ICO/RICO fee by YOVI with discount (by BTC without discount)
- pay for some special new tools for users by YOVI with discount (monthly subscriptions)But they after selling their premine they decreased the sell limit on their exchange as well as abandoned the project.Did't accepted it on their website for payment method.
They lied everything and scammed innocent investors who bought their premined shit hoping its a good investment.They didn't completed any of their promise to increase sell wall limit and accepting it on their website.Investors should start a lawsuit against them if they don't complete their promise.
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