YoBit IEO's

[rijaljun]

Well, actually this issue can't be clearly defined as a scam. They just took our rights to withdraw your funds. It's probably part of their decision to keep their exchange volume. Yobit always does this kind of weird things, unfortunately we never be able to take them down and calling them scammers. What we can do is to only stop using their exchanges so we can avoid any loss or disappointment.

Removing user rights to withdraw their funds is an outright scam for me. How can exchange not allow their users to withdraw their funds? But well they can do it because people accept that they can do whatever they wanted though.

Yobit is definitely one of the shadiest exchange that I know but many people still use them because they can still make a few bucks here. Only if they suffer a great loss or if Yobit ran away, they'll learn their lesson.

You are right and I agree with you, every dishonest action must be a scam. But still, a lot people would not agree with that because they define a scam differently (few people won't say scam until they experienced loss). That's my point!

[marcotheminer]

Now they've got a Bitcoin Fork thing going on. 1:1 for all your BTC balances. Obviously they want as many people to deposit BTC (as with their IEOs).

Could YoBit be planning to exit-scam?

[dunfida]

Now they've got a Bitcoin Fork thing going on. 1:1 for all your BTC balances. Obviously they want as many people to deposit BTC (as with their IEOs).

Could YoBit be planning to exit-scam?

I would say 80% Chance and it is really very an obvious thing.Who the hell would deposit tons of BTC for that shady fork? 1:1? Whats the name of that forked coin?

They are becoming too greedy or just simply doing their last step before they do exit out.

[Chikito]

~snip~

Yes, I don't like yobit always spaming my email, notify me for joining them IEO.
Look like they use old marketing strategy to selling them product.

[fortunecrypto]

What are people's thoughts on their IEO's? The coins cannot be withdrawn, they must be bought and sold for profit on their exchange. It seems like a smart idea - but you could lose quickly if you're not fast enough.

Next one in 90 hours - I'm going to try catching it this time..

EDIT: If it's not clear, this is a huge fucking gamble, I'm put $5..

I've received a lot of IEO invite to invest but no even if the project is good and there is profit to be made because we all know of the bot they are using which according to some people are predictable, I'll still won't go for them, the complaints are so many that I might eventually become one if I participate.

[carlfebz2]

What are people's thoughts on their IEO's? The coins cannot be withdrawn, they must be bought and sold for profit on their exchange. It seems like a smart idea - but you could lose quickly if you're not fast enough.

Next one in 90 hours - I'm going to try catching it this time..

EDIT: If it's not clear, this is a huge fucking gamble, I'm put $5..

I've received a lot of IEO invite to invest but no even if the project is good and there is profit to be made because we all know of the bot they are using which according to some people are predictable, I'll still won't go for them, the complaints are so many that I might eventually become one if I participate.

When it regards to IEO it doesn't talk mostly on the price but on how you would able to participate.Knowing that even getting inside into the sale itself
would already be a struggle for a possible small investor yet there are already lots who are queuing for the spot.

[EdenHazard]

~snip~

Yes, I don't like yobit always spaming my email, notify me for joining them IEO.
Look like they use old marketing strategy to selling them product.

Actually I feel what you felt. I regret because I have made an account there and I used the main email so as it always distrub me. Maybe it will be dangerous if the people who accept the email that hasn't known the reputation of yobit till he believes that the project will give him profit and he try to take a part with it.

[imstillthebest]

~snip~

Yes, I don't like yobit always spaming my email, notify me for joining them IEO.
Look like they use old marketing strategy to selling them product.

Actually I feel what you felt. I regret because I have made an account there and I used the main email so as it always distrub me. Maybe it will be dangerous if the people who accept the email that hasn't known the reputation of yobit till he believes that the project will give him profit and he try to take a part with it.

reputation of yobit ?  I dont think that yobit is reputable enough  . yes yobit have existed for year or two but i still see alot of complain from this exchange . if ever you disturbed about their marketing campaign then you should marked them as spam  .   when it comes to their ieo i think its okay to join them because yobit is still operating  and that means that you can still recieve your payout .