YoBit is a thief.

[stadus]

And the last tweet was "Next Yobit IEO in... RANDOM TIME. All buys will be in YOBTC." source

Every exchange I think are creating their own coin for IEO purposes, they are inspired by how BNB grow this year and Yobit is getting ambitious too.
This is something to watch out for, and investors has to be very careful as they are doing it at the right timing when the market is bullish.

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[Johnzky]

The bull season came for the crypts. Investments increased. The market revived. I'm alerting new users. Stay away from YoBit. Because all their coins are like YOZI. Soon they will all 1 satoshi like YOZI. Don't put your money on YoBit. They give 7% in the InvestBox for YOZI. But he fell 8x in 10 days. So they stole all the investors' money. Do not join their ICO's. Because the end of it all will be like YOZI. YOZI can not even 4 satoshi anymore. AceBoy1989 and Placebo1977 cheater. Don't believe them. They are YoBit's dogs.

If you have enough proofs about that YOZI issue then best is to put it in right forum in which SCAM ACCUSATION or REPUTATION sections so many will be alerted and won’t become a victims

But about yobit?i have been here for years now and since I came here reading about issues on that site becomes a warning for me,I was thinking why people still become a victim when it’s an obvious scam?

[jrrsparkles]

The word thief is an understatement,  you need to call them a scam exchange,  they tried to make a signature campaign,  but glad to see that the moderators on this forum was at alert to block it, don't make use of yobit exchange for now

Scams are not moderated here,the reason for admin banned their signature is their signature campaign hired participants without any restrictions and paid high number of posts everyday which created lot of spam so admin noticed it and banned their signatures for 60 days.I guess their ban period is about to expire so we may see some more spam invaders if they come back with signature campaign.

About on yobits signature ban is already ending up then i guess it would really start an another wave of spam ones they  do make some launching ones again.

But theres nothing to be worry about yet if they done things which are inappropriate when it comes to signature then another ban would be applied.
If i were to speak,they should be banned forever yet most people know on how shady this exchange is.

Like I said scams are not moderated here so admins is not going to ban someone just because of their shady behaviour that is why we are having DT system is in practice.

Anyway I don't think they will comeback because their reason why they launched their signature campaign is their launch of IEO which made some buzz but now people will be aware of their IEO and investbox features.

[akamit]

And the last tweet was "Next Yobit IEO in... RANDOM TIME. All buys will be in YOBTC." source

Every exchange I think are creating their own coin for IEO purposes, they are inspired by how BNB grow this year and Yobit is getting ambitious too.
This is something to watch out for, and investors has to be very careful as they are doing it at the right timing when the market is bullish.

You are right! I forgot about this point when I was writing the post.
But still, I'd say that YoBTC is also connected with Yobit's Ponzi schemes. I think there is an investment plan, 0.2% daily return to YoBTC holders.

Whatever it is, in the end, it's Yobit and everyone should act like a mature person in order to protect their own money, unless they think off of charity... 

[passwordnow]

And the last tweet was "Next Yobit IEO in... RANDOM TIME. All buys will be in YOBTC." source

Every exchange I think are creating their own coin for IEO purposes, they are inspired by how BNB grow this year and Yobit is getting ambitious too.
This is something to watch out for, and investors has to be very careful as they are doing it at the right timing when the market is bullish.

They suck. Don't trade or invest anything that they advertise. They are so desperate that the exchange is all about making money on their own.
Don't deposit any amount of bitcoin or altcoin that they are supporting.
It's better to be safe than to feel sorry later because they really are greed, creating bunch of useless tokens that's hyping traders.

[diazepam666]

Although the topic is in 2017, but I completely agree that this is a scam exchange.

Not only this you can fine many scam complaints over yobit. Still people are using this site they are making them comfortable on using that's it. I believe something does who usually do their trading on yobit should share their review thread on this forum.
I'm not sure why yobit exchange doesn't take care their names everywhere.
If they continuously ignore add doesn't care the reviews about their exchange they will not be able to survive for long time.

[akamit]

Not only this you can fine many scam complaints over yobit. Still people are using this site they are making them comfortable on using that's it. I believe something does who usually do their trading on yobit should share their review thread on this forum.

There could 4 reasons why traders still trade on Yobit imo.

• Yobit knows Black Magic, by this power they control trader's mind
• Some traders are greedy - they just want to earn quick money from P&D
• Traders don't have a choice because of their favorite coins/tokens has been listed in Yobit
• Recent Yobit's IEOs (aka Ponzi scheme) pulling traders because IEOs offered by Yobit has a fixed return for some time, so traders think of a quick profit

Yobit reviews at this point are useless, old traders got used to Yobit's gameplay and just the only new traders (few in count) complain here if they get busted.

I'm not sure why yobit exchange doesn't take care their names everywhere.

They are set now, making enough money. They don't have time to care about their bad name here & there.

If they continuously ignore add doesn't care the reviews about their exchange they will not be able to survive for long time.

They will survive, no matter how many more scam accusations we see in the future... They survived this far, they will survive in the future.

[jrrsparkles]

Not only this you can fine many scam complaints over yobit. Still people are using this site they are making them comfortable on using that's it. I believe something does who usually do their trading on yobit should share their review thread on this forum.

There could 4 reasons why traders still trade on Yobit imo.

• Yobit knows Black Magic, by this power they control trader's mind
• Some traders are greedy - they just want to earn quick money from P&D
• Traders don't have a choice because of their favorite coins/tokens has been listed in Yobit
• Recent Yobit's IEOs (aka Ponzi scheme) pulling traders because IEOs offered by Yobit has a fixed return for some time, so traders think of a quick profit

Yobit reviews at this point are useless, old traders got used to Yobit's gameplay and just the only new traders (few in count) complain here if they get busted.

No,black magic doesn't work on wondow screen.

Yes,their investbox option still attract many new investors but its only for short term benefits,in long term you will completely lose the capital.

After cryptopia's hack,some coins only available on yobit so people has no choice over any other exchange.

[arpon11]

And the last tweet was "Next Yobit IEO in... RANDOM TIME. All buys will be in YOBTC." source

Every exchange I think are creating their own coin for IEO purposes, they are inspired by how BNB grow this year and Yobit is getting ambitious too.
This is something to watch out for, and investors has to be very careful as they are doing it at the right timing when the market is bullish.

In 2017 Icos was the major focus in the crypto community and this happens because of the bullish momentum that the overall cryptocurrency market enjoys that year. Many people including me loss a lot of money because of the icos boom and scammers takes advantage of this is a boom to became very rich but in an illegal way. IEO is now bringing the investors back into the crypto community and that is why we should be careful not to be scam by the exchange that promoting them. Yobit has been in discussions for bad thing and that means before you invest in their exchange you have to be careful!

[Anonylz]

The bull season came for the crypts. Investments increased. The market revived. I'm alerting new users. Stay away from YoBit. Because all their coins are like YOZI. Soon they will all 1 satoshi like YOZI. Don't put your money on YoBit. They give 7% in the InvestBox for YOZI. But he fell 8x in 10 days. So they stole all the investors' money. Do not join their ICO's. Because the end of it all will be like YOZI. YOZI can not even 4 satoshi anymore. AceBoy1989 and Placebo1977 cheater. Don't believe them. They are YoBit's dogs.

Experience is the best teacher they say, i am guessing after you have experience the shadiness of yobit now you feel the need to advice others not fall victim as well, there have been many scam report about yobit and some other exchange as well, but it is left for users to take advantage of this warning and act on it, and sometimes greed is what drawn people to get scam.

[ololajulo]

The last time I was the site, I learn the exchange was going for ICO and demand bounty hunter, the bounty campaign was detected to be a scam. Bitcointalk is not friendly to the exchange at all and you cant even trade bitcoin and top coin on the exchange confidently. These are exchanges that only think about themselves and exploit others at all cost.

[akamit]

and you cant even trade bitcoin and top coin on the exchange confidently. These are exchanges that only think about themselves and exploit others at all cost.

I haven't heard any complaint with the top coins so far tbh, they are famous for scamming with other altcoins and Ponzi things.

We just cannot accuse yobit alone, the dev team of an altcoin is also responsible sometimes.

But Yobit's fault is at the peak because they don't research any coin/token before listing and later those coins/tokens turn into a scam. They only think about listing fee.
If I'm not wrong then a few years ago I saw they have listed over 6k coins/tokens and guess what most of them are scams. The number could be above 95% or more...

If Yobit were professional and honest then they could be one of the top exchange in cryptoverse imo.

[mamesso]

The last time I was the site, I learn the exchange was going for ICO and demand bounty hunter, the bounty campaign was detected to be a scam. Bitcointalk is not friendly to the exchange at all and you cant even trade bitcoin and top coin on the exchange confidently. These are exchanges that only think about themselves and exploit others at all cost.

I have known this issue from the beginning, and what you say is not all true. Some users take advantage of this exchange.
but indeed most of them feel disadvantaged by this exchange.

[numanoid]

The last time I was the site, I learn the exchange was going for ICO and demand bounty hunter, the bounty campaign was detected to be a scam. Bitcointalk is not friendly to the exchange at all and you cant even trade bitcoin and top coin on the exchange confidently. These are exchanges that only think about themselves and exploit others at all cost.

Bounty campaign was detected to be scam? Didn't they always paying their participants who wearing their signature?

How bitcointalk isn't friendly? Admin was banned yobit campaign because many people were spamming, it's because yobit set the max 20 posts in a day which make people will spam on this forum

[stadus]

And the last tweet was "Next Yobit IEO in... RANDOM TIME. All buys will be in YOBTC." source

Every exchange I think are creating their own coin for IEO purposes, they are inspired by how BNB grow this year and Yobit is getting ambitious too.
This is something to watch out for, and investors has to be very careful as they are doing it at the right timing when the market is bullish.

You are right! I forgot about this point when I was writing the post.
But still, I'd say that YoBTC is also connected with Yobit's Ponzi schemes. I think there is an investment plan, 0.2% daily return to YoBTC holders.

Whatever it is, in the end, it's Yobit and everyone should act like a mature person in order to protect their own money, unless they think off of charity... 

I guess they will continue to stay profitable since not everyone are aware of their reputation, the market is growing and possibly some newbies are going to invest in yobit, but that's just how it is, some people just commit mistakes and let's just hope they'll learn from it.

[Pffrt]

Yobit has a bad record of either suspension of account or acamming money somehow. On the other hand, it has also created a shit posting campaign for the forum. I would rather stay away from yobit.

[defyance]

You have to realise that IEOs on yobit have nothing common with real projects. Most of people realise risks and sell coins immediately on a 1st candle.
I have lost my money on IXI ,but I knew risks and potential profit was bigger

[quality.crypto]

And the last tweet was "Next Yobit IEO in... RANDOM TIME. All buys will be in YOBTC." source

Every exchange I think are creating their own coin for IEO purposes, they are inspired by how BNB grow this year and Yobit is getting ambitious too.
This is something to watch out for, and investors has to be very careful as they are doing it at the right timing when the market is bullish.

Yes, investors need to be very careful because there are much fake exchange creating their own IEO's in order to collect the fund from the people, so we have to watch them carefully because we should always go with the exchange which has the ability to choose the right for listing IEO.

[WalkerIVIV]

You have to realise that IEOs on yobit have nothing common with real projects. Most of people realise risks and sell coins immediately on a 1st candle.
I have lost my money on IXI ,but I knew risks and potential profit was bigger

IEOs on yobit have been created by yobit itself and so many times yobit created shitcoin and ponzi coin like yovi. This exchange site is a scam exchange site. I remember so many craps have already died because yobit move to its new coin and forget the old one like trump coin and yovi.

[stadus]

You have to realise that IEOs on yobit have nothing common with real projects. Most of people realise risks and sell coins immediately on a 1st candle.
I have lost my money on IXI ,but I knew risks and potential profit was bigger

IEOs on yobit have been created by yobit itself and so many times yobit created shitcoin and ponzi coin like yovi. This exchange site is a scam exchange site. I remember so many craps have already died because yobit move to its new coin and forget the old one like trump coin and yovi.

That classic trump coin, I still remember it as I was actively using yobit in the past.
Actually from time to time I'm still using the site, but to be honest, I don't trust their IEO and I can received messages of notification on a certain IEO but I just disregard it since there's better sites that produces better results and we can ensure it has a long term value.