Yobit is turning into a real headache.Many people that support sexcoin are also yobit users, and those of us that have been involved with sexcoin are very aware of the fact that yobit has frozen their Sexcoin wallet and are ignoring our call for them to do the right thing by us.
However, with Sexcoin's current climb we are getting an influx of new people, who trade on Yobit, that are unaware of how unresponsive, how long, how utterly disrepectful, and how irresponsible they have become to users that hold Sexcoin on their exchange.
When users submit support requests, they get this response:
Dear User!
Support answer:
Deposit\\Withdrawal coin will be available after you upgrade the source code of the wallet. Unfortunately the developers are in no hurry to send you updates
- therefore, in order to avoid the loss of users, the network is not available.
If you have updated the source code of the coin, send us (
https://yobit.net/en/maintenance_request/ Free)and we will promptly correct the problem on the coin.
Thank you for contacted the support.
Please answer in tickets only, don't send any answers to email! Tickets:
https://yobit.net/en/support/Date: <current date>
Sincerely yours,
Team of Yobit.Net
Yobit has been categorically unresponsive to Sexcoin's Dev team. Here is my support queue, and they are FULLY AWARE that I am the lead dev:
Is 6 months enough time to update a client?
What business is yobit in?
Keeping code updates current should be a part of normal operations for an exchange. Blaming the Dev team in this instance is nothing short of an outright lie. I am tired of filling out their update request form.
Up until now I have tried to remain amicable on the matter, hoping that the situation would get resolved. Yobit DID list us during a time when we were getting delisted from other exchanges from lack of volume, and that fact carries a lot of weight with me.
The Dev team, if we decide to act on the matter, is now being faced with few options:
- Pay for them to perform the update
- Request delisting so that users can at least withdraw what they hold
- Start a shit-storm campaign to attempt shaming Yobit into performing the update
- Do Nothing
I do not take kindly to being strong-armed into paying for something like a code update. About a week after I submitted the first request and it had not been responded to, I was at least considering paying for the update because I knew that we had many users with holdings there. However, Yobit has proven to me that I cannot trust them. At this point, I don't have any confidence that even a paid update will be honored. I can picture a scenario where they take the payment, and then come up with yet another excuse to keep the wallet in maintenance... or maybe open the wallets up and then delist. Their responses to the support tickets have proven they they are not worthy of any trust.
Creating a shit-storm might work, but I think if this is actually successful, we have no guarantee that they won't find a reason to close the wallets again for some enigmatic reason....especially with the updates we are currently working on being so close to release.
This leaves requesting a de-listing.
From the moment Little-Digger, BitcoinGreece, Nomaxpi and myself adopted Sexcoin, the dev team has never paid for an exchange listing. Without going into too much of the history, we believed that if Sexcoin was successful enough to deserve to be on an exchange, it would get there on its own merit not by any back-room deals struck with the exchange-ops. That doesn't mean that we didn't approach exchanges with listing requests, but we approached them with the merits of Sexcoin. MOST exchanges we have been on, and ALL that we are on currently, were listed with no contact with the dev team at all. In effect, this creates its own metric for valuing the coin.
We have also NEVER been in a position where requesting a delisting actually looked like the best thing to do for Sexcoin users. ( Although in hindsight, the case could be made for Cryptsy )
The kicker to requesting a delisting is that Sexcoin's network is at the point where in order to delist, and enable withdrawals, yobit will have to update the client anyway. The old client simply will not generate transactions reliably. This leaves the possible scenario where they don't update, then tell all their users that the network is broken, and that's why their withdrawals are not executing.
I am open to other ideas, because NONE of the above are desirable.