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Author Topic: WARNING: Remove your funds from Yobit.net before May 1st!  (Read 2862 times)
SwedishGirl
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April 22, 2016, 03:43:07 PM
 #21

OP actually has a point. Why risk your coins when you can withdraw them and see what is going to happen when LISK goes live and then if all is good send them back?
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April 22, 2016, 04:08:41 PM
 #22

OP actually has a point. Why risk your coins when you can withdraw them and see what is going to happen when LISK goes live and then if all is good send them back?

This is just speculation not that I am defending Yobit based on their transaction fee they cannot afford to go scam at this point of times,transactions are on their all time high their dice game is doing great,it's like saying they are going to fold when they are on top of their games,I believe they have assets that can cover what will happen to lisk..


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April 22, 2016, 04:10:28 PM
 #23

WARNING: Remove your funds from All Exchanges before May 1stnow and store them safely!
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April 22, 2016, 04:25:01 PM
 #24

OP actually has a point. Why risk your coins when you can withdraw them and see what is going to happen when LISK goes live and then if all is good send them back?

This is just speculation not that I am defending Yobit based on their transaction fee they cannot afford to go scam at this point of times,transactions are on their all time high their dice game is doing great,it's like saying they are going to fold when they are on top of their games,I believe they have assets that can cover what will happen to lisk..

When mtgox pulled the plug, they were at the height of transactions and volume. The best time to pull this scam is when the site is busiest, means more money to steal.
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April 22, 2016, 04:41:46 PM
 #25

This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.
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April 22, 2016, 04:44:05 PM
 #26

Nobody really saw Crypsty falling to pieces as it did.

Actually they did.  I saw a lot of posts about Cryptsy being a scam and goxxing everyone when they added the .5% btc withdrawal fee, and it got louder and louder from there until the point where they went down.  People saw it coming and there were lots of signs. 

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April 22, 2016, 04:46:35 PM
 #27

This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.

Actually there was a clue: About 18 months before Cryptsy crashed, it increased the fee to withdraw BTC from, 0.0001BTC to 0.001BTC. A 10% increase that wasn't required by the network. Then they added a 0.5% fee on top in the two months before they closed.

The only other place I've seen that happen was on Vircurex, which did the same thing (increased fees to withdraw), and then about six months later, they announced they were hacked and froze accounts.

So that's the tell: exchanges trying to make it expensive to withdraw.

 
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April 22, 2016, 04:53:32 PM
 #28

People who day trade will always have to leave the money there, is not that they like having their money there, but that's how it works. I doubt there is serious investors leaving their money in the hand of dubious companies with such record (I know they are not all the same, but they are all exposed more or less). Poloniex and Kraken seem to be the most serious ones so far.
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April 22, 2016, 05:48:47 PM
 #29

I kinda hope they do just so they go away

They've been on the wrong forks for coins for over half a year

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April 23, 2016, 01:38:11 AM
 #30

This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.

Actually there was a clue: About 18 months before Cryptsy crashed, it increased the fee to withdraw BTC from, 0.0001BTC to 0.001BTC. A 10% increase that wasn't required by the network. Then they added a 0.5% fee on top in the two months before they closed.

The only other place I've seen that happen was on Vircurex, which did the same thing (increased fees to withdraw), and then about six months later, they announced they were hacked and froze accounts.

So that's the tell: exchanges trying to make it expensive to withdraw.

Agree 100%. I never left much on cryptsy but when they added that fee I'm made sure I had literally zero on there.

Same with MtGox BTW. When the problems started and were blamed on all sorts of excuses, I got all my coins out. It cost me money in lost profits from trading, but i lost nothing from MtGox failing.

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April 23, 2016, 01:02:39 PM
 #31

This might happen, it might not.  Nobody really saw Crypsty falling to pieces as it did, maybe Yobit will.be hanging around longer than the rest, they must make a good bit when adding every single coin taking advantage of the early pump and dumpers.

Actually there was a clue: About 18 months before Cryptsy crashed, it increased the fee to withdraw BTC from, 0.0001BTC to 0.001BTC. A 10% increase that wasn't required by the network. Then they added a 0.5% fee on top in the two months before they closed.

The only other place I've seen that happen was on Vircurex, which did the same thing (increased fees to withdraw), and then about six months later, they announced they were hacked and froze accounts.

So that's the tell: exchanges trying to make it expensive to withdraw.

Agree 100%. I never left much on cryptsy but when they added that fee I'm made sure I had literally zero on there.

Same with MtGox BTW. When the problems started and were blamed on all sorts of excuses, I got all my coins out. It cost me money in lost profits from trading, but i lost nothing from MtGox failing.



nice to see someone else who feels the same way i did back then.

as soon as they changed their rules about fees i felt something bad is about to happen and when i told others nobody believed me, until they ran away with people's money.

there is always red flags before these services turn into scam, and this thing with YOBIT is just another one of them. them adding LISK before the release and faking the volume the first day was just showing them being desperate and by the time of withdrawal,.... i don't even wanna know what will happen.

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April 23, 2016, 06:29:41 PM
 #32

Everything seems to be normal on the chat board there is no panic or any news about this May 1 trading volume is still very high and the withdrawal fee are still the same but I would like to see what May 1 will bring to all of us trading on Yobit

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April 25, 2016, 12:12:41 PM
 #33

Everything working ok, they are doing some updates and the bot is not working like it should (in signature campaign) . They have always paid me daily , and unless you have solid proof , this remains a shittpost  so you better delete it, no point in accusing someone without solid evidence.
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April 25, 2016, 08:51:50 PM
 #34

What should happen on May 1st, any reasons why OP mentioned this date? Because now I don't see any reasons why Yobit should become scam. For me it looks like another attempt from Yobit opponents to provoke panic and steal users from Yobit.

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April 25, 2016, 09:48:26 PM
 #35

whats happened with yobit before may 1st?
any reason?

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April 26, 2016, 07:45:03 AM
 #36

There are no reason to panic I am doing a signature campaign there were problems in the last three days because of the recent update here on bitcointalk but they readily fix it,if hey are planning to scam people they will not fix it at all but they configure it and now it's fix..

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April 26, 2016, 05:49:13 PM
 #37

What is the significance of May 1st? Did you just pull that date out of thin air, or is some event supposed to happen by then?
I think he is taking lisk launch date as refrence date but recently i get to know that lisk team have also postponded that day of release so maybe we are safe for few more weeks or months from yobit. Hehe  Grin
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April 26, 2016, 05:50:30 PM
 #38

Date has been moved to May 24. You still have a bit of time.
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April 26, 2016, 05:54:48 PM
 #39

Think its clear that people should not leave funds of any substantial amount on any exchange as the chances are they could wake up to a closed account. Picking on Yobit sounds like some past issues otherwise you would be addressing all exchanges and not pinpointing to one.
Will mark the date and see how correct you are wizard. Cheesy

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April 26, 2016, 05:58:03 PM
 #40

Think its clear that people should not leave funds of any substantial amount on any exchange as the chances are they could wake up to a closed account. Picking on Yobit sounds like some past issues otherwise you would be addressing all exchanges and not pinpointing to one.
Will mark the date and see how correct you are wizard. Cheesy

Na, i can say reputable exchanges like polo will be around with no imminent scam on the horizon. But Yobit sticks out like a sore thumb. It's pretty obvious that they are fixing to scam at this point.
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