BTC price down on yobit, btg now trading

[omonuyak]

This is the same things that happened on bittrex when bitcoin cash was listed before August splitting and many new traders will like pump bitcoin gold before the splitting. The whales and manipulators know how this market work and they know how to get into the heart of people in other to make them invest in those coin and at the end dump those coins when they get to their target. This games has been play several times especially during the splitting like these.

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[maku]

First of all, Yobit is a graveyard exchange where even the most shitty altcoin can be listed with no problems.
It lacks credibility or is not an opinion-forming market at all. This little decline of Bitcoin's price might be caused by fork or may not.
I definitely don't believe that it Yobit has anything to do when it comes to shaping price of Bitcoin. Stop trying to link invisible dots

[livingfree]

So the btc price has taken a bit of a dive on Yobit when the btg trading opened up. Does anythink that the prices will come down on other exchanges like this?

I honestly didn't think btg would move the price of btc at all.

yobit is just manipulating their exchange, the price of bitcoin is still good at $5,800. I don't think that price will down on other exchange just because of this, many will just dump this coin and the price of bitcoin is likely going to increase so expect that to happen.

[Lanatsa]

Did they credit members on yobit, or are they just trading futures at the moment? I know there were a few sites that were crediting early.

Obviously it's a derivative thing, as BTG hasn't been "launched" yet, so people are straight up gambling right now with something that doesn't exist.  Yobit has done this before, and it's sketchy as hell, and I'm wondering if it's even legal.  No US exchange would probably get away with just creating a derivative security/currency out of thin air,  but this is Yobit.  Ny prediction is that they'll eventually get shut down by regulators.  I don't even know what country they're based out of.

I don't know whats up on their minds which they can able to make such tradings or moves without being backed up by something. Bitcoin Gold? It doesn't still exist yet but look at how Yobit did able to make an advanced trading on it which I can really consider as shady at all. They do have the power since they ran off the exchange and same as others said here they did this thing before on bitcoin cash.

[sunsilk]

First of all, Yobit is a graveyard exchange where even the most shitty altcoin can be listed with no problems.
It lacks credibility or is not an opinion-forming market at all. This little decline of Bitcoin's price might be caused by fork or may not.
I definitely don't believe that it Yobit has anything to do when it comes to shaping price of Bitcoin. Stop trying to link invisible dots

I don't find them also reliable and it's like they are trying to predict the whole market of bitcoin gold today, the hard fork isn't coming but the trade is starting already there?

How come that it is happening but whatever it is, looks the price is starting to pump again and this is quite positive for the bitcoin hodlers.

I'm not sure if I'm going to hold this coin or will eventually do something and dump it like others will do.

[hahahafr]

Yobit and their predictions have always been a real shit, dont believe in that website because they are probably lying over the price. But maybe it will be worth that amount, but nobody is sure about how much will it be worth once that the fork is over. but it the price is expensive, then i guess that this is good for everyone because the most of us is looking to sell them, well, that is what i am going to do.
But if bitcoin goes down by a lot of money, then i think that i will buy more btc.