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Author Topic: !!!WOW!!! What the hell happened on YOBIT last night??  (Read 300 times)
Pearls Before Swine
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May 30, 2018, 07:04:34 PM
 #21

As they say, You plays your cards, you takes your chances. 

I've never heard of these shitcoins before, so it isn't surprising that they crashed.  I assume that's the issue and not that they can't be withdrawn, right?  Also not sure what exactly yobit itself has to do with this, and it would be nice if OP gave a bit more detail about what happened.  They do list a bunch of shitcoins that have no buy orders whatsoever and for which there's no market.  I don't know if that's the case with the coins listed here, but given that they seem to be obscure, it wouldn't surprise me either.

I will echo everyone here who says yobit is a lousy exchange, because they are.  They're unregulated and I can't seem to find any information whatsoever about who's running it or who works there.  There have been a lot of scam accusation threads made about them, but a lot of them haven't been followed up on and some of those may have been resolved.  I do think people should avoid them like the plague, though.  There have been enough red flags in the past and there are enough competitors such that you should find another place to trade.
Klovezio
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June 03, 2018, 06:13:58 AM
 #22

WTF?? Have you heard all of the coins that SEVERELY CRASHED this morning on YOBIT??? WTF A friend lost 0.72 btc and there are massive complaints of major losses with LIZA, LAMBO, LIMBO AND LIZUN. Major complaints about LIZA. Devastating losses for some. I have a friend that was left completely devastated.

Does anyone have the inside scoop as to what could have happened???
Never trade at Yobit or at least never withdraw USD from that exchange or you will lose money for sure. It's likely based in Russia and is reportedly under investigation from Russian authorities. There are so many better exchanges, why yobit?
muncuss
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June 03, 2018, 01:43:45 PM
 #23

I'm not surprised and you should too. Yobit is garbage of shitcoin, you must always expect bad things happen there. i don't care what happened with yobit but with this case i hope some ppl take down the site, forever.
I'm tired ppl always complaining about the site. if this always happen then yobit is a toxic for crypto trading

kryptqnick
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June 03, 2018, 03:37:49 PM
 #24

Guys, why do you choose this exchange? There are enough verified exchanges. Do not make deposits on the YOBIT stock exchange, with a high probability that you will lose all the money
Exactly. Even their signature campaign in the Overview of campaigns is stated as suspicious, because the company is experiencing some troubles. The Yobit Legendary account has red trust as well. I don't use Yobit since the time they banned me from participating in their signature campaign around 2 years ago. At that time there were no strict rules, so they kicked me out without having the strict right to do that.
I am sorry for the loss of your friend, but he will probably not get his money back...

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June 30, 2018, 06:56:20 PM
 #25

Why are you using this exchange so far? This exchange is a full SCAM. On it you are constantly deceived, but you return to it anyway. Register better on normal crypto-exchanges.
Mihaylovic
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June 30, 2018, 07:07:47 PM
 #26

it is strange that there are still so many people that trust and use yobit platform. first of all it has so many negative feedbacks from users, second they list only crap altcoins to manipulate and pump / dump. so i dont use and care about yobit at all.
dragone
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June 30, 2018, 08:07:23 PM
 #27

The best comment on this thread I guess. Actually everyone who had a deal with Yobit know that this exchange is a scam, not direct scam , but they like to make pump and dump when people lost their money. So be careful with exchanges like Yobit, also be careful with Etherdelta and Deex and other shit exchanges. Instead of these scams use binance, OKEX, IDEX, cryptopia and other good trades.
Fatunad
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June 30, 2018, 08:25:34 PM
 #28

WTF?? Have you heard all of the coins that SEVERELY CRASHED this morning on YOBIT??? WTF A friend lost 0.72 btc and there are massive complaints of major losses with LIZA, LAMBO, LIMBO AND LIZUN. Major complaints about LIZA. Devastating losses for some. I have a friend that was left completely devastated.

Does anyone have the inside scoop as to what could have happened???
No one do have that kind of inside scoop and you are not aware on whats the reputation of Yobit when it comes to pump and dump of coins inside of that exchange. Its been known to be the best place for shady and scammy acts either on the management itself or into those coins developers. Once you invested or bought then you are just likely digging up your own grave.

it is strange that there are still so many people that trust and use yobit platform. first of all it has so many negative feedbacks from users, second they list only crap altcoins to manipulate and pump / dump. so i dont use and care about yobit at all.
Research would always be the best weapon as an investor or trader and using up exchangers would always be the main priority because this is the medium on where we do make our trades and its just sensible act for us to do on select on the most reputable ones if we dont like to suffer any problems.
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