YOVICOIN [ROM] [NEW KIND OF MARKET] [PRICE CAN ONLY RISE]

[Splatters]

YOVI - ROM MARKET

Today yobit has lauched a new coin called YOVI, it works with a new kind of market that allow price only to increase.
Launched @1sat it's already @208 with 20BTC volume.

Rise Only Market Rules
This is Raise Only Market, sells are only allowed to be placed higher than the current lowest sell.

Here the Twit of Yobit : https://twitter.com/YobitExchange/status/617011144285388800
Here the market : https://yobit.net/en/trade/YOVI/BTC

[fabula]

Today yobit has lauched a new coin called YOVI, it works with a new kind of market that allow price only to increase.
Launched @1sat it's already @208 with 20BTC volume.

Here the Twit of Yobit : https://twitter.com/YobitExchange/status/617011144285388800
Here the market : https://yobit.net/en/trade/YOVI/BTC

But tomorrow..... 

[otto93]

Today yobit has lauched a new coin called YOVI, it works with a new kind of market that allow price only to increase.
Launched @1sat it's already @208 with 20BTC volume.

Rise Only Market Rules
This is Raise Only Market, sells are only allowed to be placed higher than the current lowest sell.

Here the Twit of Yobit : https://twitter.com/YobitExchange/status/617011144285388800
Here the market : https://yobit.net/en/trade/YOVI/BTC

What about buys?

Can people make buy orders at any price they like, even one sat, and can others directly sell into those buy orders? If that's how it works then YOVI's price could go down.

What if people stop buying it and trading grinds to a halt?

[Splatters]

Today yobit has lauched a new coin called YOVI, it works with a new kind of market that allow price only to increase.
Launched @1sat it's already @208 with 20BTC volume.

Rise Only Market Rules
This is Raise Only Market, sells are only allowed to be placed higher than the current lowest sell.

Here the Twit of Yobit : https://twitter.com/YobitExchange/status/617011144285388800
Here the market : https://yobit.net/en/trade/YOVI/BTC

What about buys?

Can people make buy orders at any price they like, even one sat, and can others directly sell into those buy orders? If that's how it works then YOVI's price could go down.

What if people stop buying it and trading grinds to a halt?

You can only set buy higher than the lower sell price. If the lower sell it's 200 you can't buy @100.
because people can't sell @100, but only @200.
If people stop buying no sell will be filled, and nobody will makes profit.

[jc12345]

Today yobit has lauched a new coin called YOVI, it works with a new kind of market that allow price only to increase.
Launched @1sat it's already @208 with 20BTC volume.

Rise Only Market Rules
This is Raise Only Market, sells are only allowed to be placed higher than the current lowest sell.

Here the Twit of Yobit : https://twitter.com/YobitExchange/status/617011144285388800
Here the market : https://yobit.net/en/trade/YOVI/BTC

What about buys?

Can people make buy orders at any price they like, even one sat, and can others directly sell into those buy orders? If that's how it works then YOVI's price could go down.

What if people stop buying it and trading grinds to a halt?

Well, if the music stops the last guy standing without a chair is the bagholer.

[nembot]

Ponzi tokens, last time I tried this I got rekt

[tiggytomb]

I see now, this is like trading version of musical chairs lol would have been nice to get in at 1 sat!

[samspaces]

I take it only the ones who knew about the release got to buy at 1 sat. Pretty audacious experiment.

[bathrobehero]

Yobit is officialy dead to me. Just because they deny to serve one side of the market doesn't mean it's healthy, in fact as said above this is pretty much a braindead form of ponzi.

[justinetime]

Eehhbb,ponzi

[Bitcoinman777]

YoBit and C-CEX are well known because they are very really care about their users. They don't list Scam coins and would never cooperate with a Scam ICO.

The reason they are small and propably will stay small is that they do list Scam coins use (inhouse) devs to make up coins or Scam ico's.

Why would even consider sending money to YoBit or C-CEX, simple
- They don't work with reliable payment providers like Paypal or Visa
- There is no address listed, which means they can run with your money and there's nothing you can do
- Domain information is protected, which means they can run with your money and there's nothing you can do

An exchange would list a coin if there is a market. The market is decided by supply and demand. Usually this is by some special features created before launched.
Hey, investors, we got the next Bitcoin Killer, because our coin can do "This" or our coin can do "That"

Yobit and C-CEX don't care about the market, they want to earn money so they create a market with Scam coins.

Then people come home, dammit I lost 4 BTC because it was an scam. How stupid can you be? If you want to be an early adopter at least do some research
- Listed at C-CEX, Yobit or any minor exchange (big exchanges won't risk their name with an exchange). NO
- Newbie account. NO (Why would you hide your identity. If I would make a coin, everybody and I mean everybody should now, it was my idea, Period)
- No unique key features that are unique. NO
- A one man team. NO
- ICO/Premine. NO
- Lack of clear plan/prospectus. NO

Really if you follow above guideliness, not one coin that has been a scam would be an investment you have made.

P.S. It took me 5 min to get this info.
P.P.S. Most of this can also applies for Bittrex.
P.P.P.S The mod of this subforum has been banning people who had the same message left and right. Let's see if BCT conducts it's own forum guideliness this time.

[powerfull]

theres no way to keep price increase for ever , so pass

[**D!ABLO**]

People who buy this are insane.

Unless of course the inner circle who were told about the launch, then that's a different story.

Shame on you Yobit. Shame on you.

[tiggytomb]

Looks like it's stuck right now at 895 think it's dead in the water for now anyway

[ocminer]

Looks like it's stuck right now at 895 think it's dead in the water for now anyway

Next such coin will come for sure, watch Yobit..

[MickGhee]

fuck i missed this oh well

[tiggytomb]

Looks like it's stuck right now at 895 think it's dead in the water for now anyway

Next such coin will come for sure, watch Yobit..

Lets hope so

[B-MoneyXcan]

Close this thread

[TotalPanda]

Blacksmith said something....

[B-MoneyXcan]

YOVI going POS with a blockchain.