[ANN] YOVI - Yobit Virtual Coin - First Raise Only Market is Open!

[ljm81new_again]

A "raise only Market" isnt a fucking market isit... kinda lacking the most basic of fundamentals there lol

Anyway thats all from me i aint got time to waste talking to zomblies blinded by greed and no logic

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[keriferocoius]

Can anyone tell how this ROM works?

I mean, i buy for a price like 100 satoshi, others can buy for higher and higher and i can sell them for those higher prices what i bought?

[goodguyed]

Can anyone tell how this ROM works?

I mean, i buy for a price like 100 satoshi, others can buy for higher and higher and i can sell them for those higher prices what i bought?

yes

[Wolf Rainer]

Lol i missed all the fun! 

[keriferocoius]

Can anyone tell how this ROM works?

I mean, i buy for a price like 100 satoshi, others can buy for higher and higher and i can sell them for those higher prices what i bought?

yes

So it's a good deal if you're among the first buyers

[trader19]

its pretty clear how this will work out at the end. so you have sellers creating always bigger wall as more ppl buys until it starts slowing down creating bigger and bigger sell wall (already happening 5btc) and leaving huge bag holders because no buyers.. GL and be careful! i will skip this one, only early birds got all the profits.

[BTC-BTC-BTC]

Can anyone tell how this ROM works?

I mean, i buy for a price like 100 satoshi, others can buy for higher and higher and i can sell them for those higher prices what i bought?

I think I kind understand this. people only allow to put in a sell price that is higher the last price so price only can go up. at the same time can prevent people from dumping at a lower price. I guess you don't want to get stuck with the coins when there is no more buyers.

[cakir]

- Idiotic Idea (Some kinda ponzi): check
- There's not even a real coin fork (At least a coingen wallet would be cool):  check

Shit Scam confirmed.

Ps: Scam doesn't mean you don't make money on them, it means you've to find greater fools than you to gain profit.

Read before invest: https://en.wikipedia.org/wiki/Greater_fool_theory

PS for the op: if you delete this message yovi - scam topic will be opened.


Edit:
If you can't see the ponzi part imagine that; what will happen when a yovi reaches to 1 BTC? Will you be able to find enough btc to buy it?

[trademark]

I'd be careful guys.  Kind of seems like a going out of business sale. 

There's profit to be made, especially if someone has the funds to eat some of these walls.

TAM dev looks like he used BTC generated from his ICO to put up the walls that exist.

Profit time is long gone.  Now it's get out with minimal lost time. 

[BTC-BTC-BTC]

- Idiotic Idea (Some kinda ponzi): check
- There's not even a real coin fork (At least a coingen wallet would be cool):  check

Shit Scam confirmed.

Ps: Scam doesn't mean you don't make money on them, it means you've to find greater fools than you to gain profit.

Read before invest: https://en.wikipedia.org/wiki/Greater_fool_theory

PS for the op: if you delete this message yovi - scam topic will be opened.


Edit:
If you can't see the ponzi part imagine that; what will happen when a yovi reaches to 1 BTC? Will you be able to find enough btc to buy it?

This is a classic ponzi scam.

[vegasguy]

Ya.. I know it might not end well, but its just too crazy to pass up!!!

Vegas

[vegasguy]

Ok so this fool bought some. Is there a wallet? Does it just stay on Yobit?

Vegas

[goodguyed]

Can anyone tell how this ROM works?

I mean, i buy for a price like 100 satoshi, others can buy for higher and higher and i can sell them for those higher prices what i bought?

yes

So it's a good deal if you're among the first buyers

It can be a good deal later on as well. I transferred more BTC over around the 200 sat range to pick up more than what I had sitting on Yobit. Made a profit on that as well.

Really, anyone can profit.. just have to hold it long enough to profit. May be a short time, may be a long time. As long as you sell higher than you bought, you'll profit. And since price can't go down.. there's not really a set timeframe as to when you cannot profit.

[goodguyed]

Ok so this fool bought some. Is there a wallet? Does it just stay on Yobit?

Vegas

Stays on Yobit, at least for the time being.

[vegasguy]

It kind of reminds me of musical chairs.. someone will get royally f*#^#@ , just make sure its not you. Stay close to the chairs!

Vegas

[cohnhead]

this could easily double from the approx. 900 satoshis it is now....hasn't even been out for 12 hours....information hasn't really fully disseminated.
part of the beauty is the minimum buy in is what ...minimum on yobit for a transaction is .0001 btc or like 2.5 cents.....how do you not throw 2.5 cents or even a $1 at this.
because like pt barnum said

[shojayxt]

Is this for real?  Pure ponzi scam.  yobit is shit.  They can manipulate the buys and keep the price going up all the while dumping the 22,833,333 coins. The big winner here is yobit. 

So it looks like yobit isn't making enough off their scam ico's so they go straight to pure ponzi take the money schemes.  I knew that exchange was a den of scammers when they deleted comments on their trollbox advising against investing in one of their scam ico's.  One of their scam ico's that was dead in just a few days.

[hunterwolf]

- Idiotic Idea (Some kinda ponzi): check
- There's not even a real coin fork (At least a coingen wallet would be cool):  check

Shit Scam confirmed.

Ps: Scam doesn't mean you don't make money on them, it means you've to find greater fools than you to gain profit.

Read before invest: https://en.wikipedia.org/wiki/Greater_fool_theory

PS for the op: if you delete this message yovi - scam topic will be opened.


Edit:
If you can't see the ponzi part imagine that; what will happen when a yovi reaches to 1 BTC? Will you be able to find enough btc to buy it?

i totaly agree. what different from ponzi ?

Yobit first add another ICO coin everdyay for a long time and now this.  what is ROM (Rise Only Market) , who invented it?
if it continues in this way, i don't use yobit anymore, because thats mean scam exchange.

[shojayxt]

this could easily double from the approx. 900 satoshis it is now....hasn't even been out for 12 hours....information hasn't really fully disseminated.
part of the beauty is the minimum buy in is what ...minimum on yobit for a transaction is .0001 btc or like 2.5 cents.....how do you not throw 2.5 cents or even a $1 at this.
because like pt barnum said

There is no beauty.  It's pure shit.

There is nothing but phantom coins that yobit will sell to anyone stupid enough not to see this for the scam it is.  It's amazing how many morons will ignore a scam if they think that they might make something off of it.

It's just pathetic.  And if anyone was going to reply and say I'm spreading fud don't wast your time.  I'm spreading the truth and if you don't like it then go to hell.  Anyone with a brain can see this shit for the pure shit it is.

What a pathetic excuse for an exchange.  

[CoinBateman]

Is this for real?  Pure ponzi scam.  yobit is shit.  They can manipulate the buys and keep the price going up all the while dumping the 22,833,333 coins. The big winner here is yobit. 

So it looks like yobit isn't making enough off their scam ico's so they go straight to pure ponzi take the money schemes.  I knew that exchange was a den of scammers when they deleted comments on their trollbox advising against investing in one of their scam ico's.  One of their scam ico's that was dead in just a few days.

I wish people would stop calling schemes ponzi's.

No market is natural, there are always going to be winners and losers. If you made any profit on a coin, then it's just down to the fact that you bought before someone else. How is that different? Further, the money in the system remains the same and therefore for someone to win, someone has to lose.

You're willing to accept that you made profit on a coin because it went up after you bought it, and deny the fact that it only went up because you bought it earlier than everyone else?