morvillz7z (OP)
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Join the world-leading crypto sportsbook NOW!
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December 23, 2019, 02:29:04 PM Merited by suchmoon (7), malevolent (2), LoyceV (2), nutildah (2), gospodin (2), o_e_l_e_o (2), tmfp (2), marlboroza (2), Welsh (1), dkbit98 (1), efialtis (1), AverageGlabella (1), LouVandetta (1) |
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 Splendid isn't it? Lol They have changed it from Cryptotalk to their own Investbox aka fake shitcoins buy-in and get rekt plans. Some examples of previously ran ponzis now stuck 000000000000000000000000001: https://yobit.net/en/trade/EGOLD/BTChttps://yobit.net/en/trade/MOON/BTChttps://yobit.net/en/trade/URANIX/BTCDo you think there will be actually people who will leave this campaign since they can no longer hide behind "advertising another forum" or nah? |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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rosezionjohn
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December 23, 2019, 02:38:06 PM |
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Do you think there will be actually people who will leave this campaign since they can no longer hide behind "advertising another forum" or nah?
Visit the main cryptotalk thread on the services section and you'll see some participants already contemplating and waiting for the campaign manager's feedback regarding the recent change. That is obviously a new campaign and would be considered a violation of yahoo's contract with cryptotalk (yobit). He may actually stop managing the campaign and most signature participants could also leave because of that. |
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o_e_l_e_o
In memoriam
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Activity: 2268
Merit: 18509
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December 23, 2019, 03:09:47 PM |
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Can anyone shed some light on this "InvestBox"? This is all the information I can find on their website: Invest your free coins to InvestBox! It’s a tool for devs to promote their coins. It’s NOT Pyramid/HYIP, all payments are made from special fund.
InvestBoxes can change status from Active to «No coins», but you can close your investment any time, it’s 100% safe. This is all the information they provide. It's definitely not a Ponzi, it's from a "special fund", but with absolutely zero details as to what this "special fund" is, or how it is able to generate profits of 10% per day, which is obviously nonsense.* Also, how can an "InvestBox" change to "no coins" and yet still be able to pay out? This has all the hallmarks of a Ponzi. Furthermore, the only thing I can find regarding this "X10" token is an announcement from bitcoin.com's forums here. (Warning: bitcoin.com is a known scam site designed to trick newbies in to buying a trash altcoin.) See the following quote: Earn MULTIPLE $50, $100, $200 and $500 Commissions Plus Profit Sharing on 5 Downline Levels!
Get Paid $50, $100, $200 and $500 COMMISSIONS + DOWNLINE PROFIT SHARING 5 LEVELS DEEP!
All Instant & Automatic To Bitcoin Wallets!
Earn Massive Commissions Via X10! So as far as I can see, YoBit are advertising a Ponzi scheme built on top of a pyramid scheme. Please someone correct me if I'm wrong, but users should really think long and hard before applying this new signature.
*10% profit a day could turn $100 in to over a million dollars in 3 months, and over two billion dollars in 6 months. Obviously bullshit. |
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LoyceV
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Activity: 3304
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Thick-Skinned Gang Leader and Golden Feather 2021
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December 23, 2019, 03:11:21 PM |
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That is obviously a new campaign and would be considered a violation of yahoo's contract with cryptotalk (yobit). He may actually stop managing the campaign and most signature participants could also leave because of that. If yahoo62278 stops managing the campaign, it's open for all shitposters again, and spammers with farmed accounts won't care if they're promoting a likely scam. Until theymos bans their signature again. |
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Pearls Before Swine
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December 23, 2019, 03:20:05 PM |
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Can anyone shed some light on this "InvestBox"? This is all the information I can find on their website:
I think it's legitimate, but the coins you can use to earn interest are mostly only the ones you can find on yobit, which are all shit coins. It's like trying to earn interest on the venezuelan bolivar or whatever it is that's hyperinflating down in that country. They do have investment plans for btc, but I think you'd have to be on the lunatic fringe to deposit a coin that valuable on yobit so as to earn money with it. I think I'm done with this campaign after the next payout, assuming the wallet doesn't get stuck again. I've even earned those pennies of bitcoin on cryptotalk, but it's such a lousy forum that I know anything I write is just going to waste because it'll never get read. That's how bad it is on that forum. |
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LTU_btc
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Activity: 3052
Merit: 1330
Slava Ukraini!
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December 23, 2019, 03:23:52 PM |
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Yeah, I saw it. And some participants already leaving campaign because they don't want to advertise shady thing called investbox. I remember there was quite many good members with Cryptotalk signature and they definitely wouldn't join this campaign if they would have to advertise Yobit directly.
It will be interesting to hear yahoo comment about this. But if he will decide to leave this job, you all know what is going to happen...
BTW, there is people complaining that after changing signature, they aren't getting paid. Seems that Yobit didn't set up their bot properly. For these who are in campaign, I think it's better wait some time before updating signature.
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o_e_l_e_o
In memoriam
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Activity: 2268
Merit: 18509
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December 23, 2019, 03:26:40 PM |
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I think it's legitimate Based on what? Do you have any evidence or proof of payouts? They do have investment plans for btc, but I think you'd have to be on the lunatic fringe to deposit a coin that valuable on yobit so as to earn money with it. So what you are saying is if you deposit anything with actual value, it is likely to get stolen? So in what way is this "legitimate"? There is no investment program in the world which can promise returns of 10% a day whilst also claiming to be "100% safe". This is a scam. |
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Pearls Before Swine
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December 23, 2019, 03:43:05 PM |
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I think it's legitimate Based on what? Do you have any evidence or proof of payouts? Because I've tried it out with a couple of coins they offer, egold, yone, and one or two others. As I said, the interest does show up in your account and you can claim it with no problem. I've done it before, but the value of those coins is so low to begin with that it's not worth even doing it. I have no idea whether any bitcoin would get stolen if you deposited it into one of those investbox schemes, but I just don't trust it. Why? Because I don't know what they're doing that they can promise you interest on bitcoin. My suspicion is more that I wouldn't get paid what was promised than yobit would run off with the coins, but who knows. It's yobit. I don't want to advertise for yobit now that they changed their signatures. And from the services thread I'm hearing that the payment for the past 7 days is all screwed up for members that changed their sigs before the payment button got unstuck. I'm going to wait to see if my last 2 posts get paid for and then I'm out. |
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suchmoon
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Activity: 3654
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https://bpip.org
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December 23, 2019, 03:54:54 PM |
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If yahoo62278 stops managing the campaign, it's open for all shitposters again, and spammers with farmed accounts won't care if they're promoting a likely scam.
Until theymos bans their signature again.
I would prefer this outcome, as opposed to yahoo managing a ponzi campaign and the subsequent dramas that will ensue (red trust and whatnot). |
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Welsh
Staff
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Activity: 3262
Merit: 4110
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December 23, 2019, 03:59:45 PM |
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If yahoo62278 stops managing the campaign, it's open for all shitposters again, and spammers with farmed accounts won't care if they're promoting a likely scam.
Until theymos bans their signature again.
it sounds like a ponzi scheme, and I doubt that Yahoo would willingly put his name to it. I haven't looked into it yet, but if this is what it seems it pretty much confirms the moral stand point of Yobit, and again if it is confirmed to be a ponzi scheme I'd personally urge everyone to stop using their exchange immediately. Ponzi's don't work, and aren't a good business model. Users will eventually get hurt, and its got to at least be questioned whether they are going to be paying early "investors" with exchange money. |
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AverageGlabella
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Activity: 1232
Merit: 1080
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Here is my thoughts on it I have just got back from my vacation and have discovered that Cryptotalk that I was advertising before have changed their advertising banners to advertise "InvestBox" @theymos I think this has to be the final chance that Yobit has had on the forum. They have recently changed their signature campaign to advertise a highly suspicious and probable pyramid scheme which will only harm the community. They have been banned in the past for spamming and have caused a lot of spam this time around. Yahoo did help by removing the majority of spammers but I don't think the forum should be allowing services such as these to remain on the forum even if they are not officially endorsed. I get why scams are not moderated typically but allowing scams to advertise and be a cause of several infringements in the past is unacceptable. Here's what investbox is according to yobit: Invest your free coins to InvestBox! It’s a tool for devs to promote their coins. It’s NOT Pyramid/HYIP, all payments are made from special fund.
InvestBoxes can change status from Active to «No coins», but you can close your investment any time, it’s 100% safe.
InvestBoxes of AIR have a new type (no investment close, you can only get daily percent).
They might claim that this is not a pyramid scheme....but they are lying. Even if this was not a pyramid scheme (which it is) The idea of a company not being transparent and telling its investors that payments come from a "special fund" is crazy. Yobit have had a chance to clean up their act but this has ponzi written all over it and the initial high payments for advertising their signature now make sense. Yobit made headlines because is was the e most paid advertising campaign when they could have offered a lot less and would have probably still had a lot of people advertising their services instead they wanted to get further publicity and be featured in several discussions over the internet before turning their fake signature campaign into an advertisement for a pyramid scheme which they will probably be relying on to generate that initial investment they made in the signature campaign and a lot more. Yobit have been accused of several wrongdoings in the past but this community gave them the benefit of the doubt as long as they were not advertising their exchange. They are now doing even worse than that and are advertising a highly probable ponzi pyramid. Anyone that is promoting this pyramid scheme should be notified and then red tagged if they are unwilling to stop advertising a ponzi pyramid. Looking at the signature campaigns participants view points on it are shocking it really does look like people put money before anything these days. Some members are saying they will wait for "yahoo's decision" but shouldn't they be making their own mind up whether they would like to advertise for a probable scam? |
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suchmoon
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Activity: 3654
Merit: 8922
https://bpip.org
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Looking at the signature campaigns participants view points on it are shocking it really does look like people put money before anything these days. Some members are saying they will wait for "yahoo's decision" but shouldn't they be making their own mind up whether they would like to advertise for a probable scam?
Lemmings, the lot of them. You gotta give it to Yobit for the brazen disregard of ethics or respect for this forum. Just casually stopped by their signature campaign thread and changed the signature bbcode from a spam site to a scam scheme. |
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Naficopa
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December 23, 2019, 04:52:31 PM |
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Here is my thoughts on it I have just got back from my vacation and have discovered that Cryptotalk that I was advertising before have changed their advertising banners to advertise "InvestBox" @theymos I think this has to be the final chance that Yobit has had on the forum. They have recently changed their signature campaign to advertise a highly suspicious and probable pyramid scheme which will only harm the community. They have been banned in the past for spamming and have caused a lot of spam this time around. Yahoo did help by removing the majority of spammers but I don't think the forum should be allowing services such as these to remain on the forum even if they are not officially endorsed. I get why scams are not moderated typically but allowing scams to advertise and be a cause of several infringements in the past is unacceptable. Here's what investbox is according to yobit: Invest your free coins to InvestBox! It’s a tool for devs to promote their coins. It’s NOT Pyramid/HYIP, all payments are made from special fund.
InvestBoxes can change status from Active to «No coins», but you can close your investment any time, it’s 100% safe.
InvestBoxes of AIR have a new type (no investment close, you can only get daily percent).
They might claim that this is not a pyramid scheme....but they are lying. Even if this was not a pyramid scheme (which it is) The idea of a company not being transparent and telling its investors that payments come from a "special fund" is crazy. Yobit have had a chance to clean up their act but this has ponzi written all over it and the initial high payments for advertising their signature now make sense. Yobit made headlines because is was the e most paid advertising campaign when they could have offered a lot less and would have probably still had a lot of people advertising their services instead they wanted to get further publicity and be featured in several discussions over the internet before turning their fake signature campaign into an advertisement for a pyramid scheme which they will probably be relying on to generate that initial investment they made in the signature campaign and a lot more. Yobit have been accused of several wrongdoings in the past but this community gave them the benefit of the doubt as long as they were not advertising their exchange. They are now doing even worse than that and are advertising a highly probable ponzi pyramid. Anyone that is promoting this pyramid scheme should be notified and then red tagged if they are unwilling to stop advertising a ponzi pyramid. Looking at the signature campaigns participants view points on it are shocking it really does look like people put money before anything these days. Some members are saying they will wait for "yahoo's decision" but shouldn't they be making their own mind up whether they would like to advertise for a probable scam? The interest rate is indeed very suspicious. But would a legally operating exchange do such a thing ?! If that's true, then these people would go 100% to prison in Russia. I will wait for yahoo's decision just because it is unbelievable to me that they could do something so insolent. |
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LTU_btc
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Activity: 3052
Merit: 1330
Slava Ukraini!
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December 23, 2019, 04:59:14 PM |
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The interest rate is indeed very suspicious. But would a legally operating exchange do such a thing ?! If that's true, then these people would go 100% to prison in Russia.
I will wait for yahoo's decision just because it is unbelievable to me that they could do something so insolent.
Since when Yobit is operating leagally? They don't things like license which would make them fully leagally operating exchange and nobody knows who owns Yobit and etc. And IIRC, Yobit was previously even banned in Russia |
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Deathwing
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Activity: 1638
Merit: 1328
Stultorum infinitus est numerus
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December 23, 2019, 05:00:47 PM |
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I am honestly surprised that they are openly promoting a ponzi scheme. I could understand another "bestest of them all forum" but its sad to see this.
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iamaruf
Sr. Member
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Activity: 1064
Merit: 265
Vave.com - Crypto Casino
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December 23, 2019, 05:13:47 PM |
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I also changed signature but posted in cryptotalk signature thread that isn’t it ponzi.I also want to hear from Yahoo.If yahoo give his statement I will remove this signature.I don't want to promote ponzi scheme.
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wolwoo
Legendary
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Activity: 2072
Merit: 1138
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December 23, 2019, 05:40:13 PM |
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yes what is the sequel friends? none of us want a ban or negative but we wish the campaign to continue. we hope that a good result will be achieved, maybe it will continue as before "cryptotalk"  |
Kurtla beraber öldürüyorlar, çobanla beraber yiyorlar, sahibiyle beraber ağlıyorlar. guzuyu zaten ipleyen yok  |
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stompix
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Activity: 2884
Merit: 6292
Blackjack.fun
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Furthermore, the only thing I can find regarding this "X10" token is an announcement from bitcoin.com's forums here. (Warning: bitcoin.com is a known scam site designed to trick newbies in to buying a trash altcoin.) See the following quote: Earn MULTIPLE $50, $100, $200 and $500 Commissions Plus Profit Sharing on 5 Downline Levels!
Get Paid $50, $100, $200 and $500 COMMISSIONS + DOWNLINE PROFIT SHARING 5 LEVELS DEEP!
All Instant & Automatic To Bitcoin Wallets!
Earn Massive Commissions Via X10! There are a few more lines there: The world's 1st Fully Automated Bitcoin Automated Income Platform!
A.I POWERED Where EVERYONE Gets Paid!
The X10 Platform via the Cryptopia API relay utlizes A.I. Powered 'Smart Bots'
to Automaticaly hedge against Bitcoin and other currencies!
100% Fully Automated and is built on Top of a Very Stable and Highly
Secure EMA Stack with 100% Redundancy. Keywords, automated, everyone gets paid, smart bots..... So, they have invented a new kind of Perpetuum mobile where everyone gains and not just a few cents but hundreds of commissions, 5 levels deep thr... Anything like this would be labeled as a ponzi scam in the scam section, and I see no reason why this should be an exception... I think it's legitimate Based on what? Do you have any evidence or proof of payouts? They do have investment plans for btc, but I think you'd have to be on the lunatic fringe to deposit a coin that valuable on yobit so as to earn money with it. So what you are saying is if you deposit anything with actual value, it is likely to get stolen? So in what way is this "legitimate"? There is no investment program in the world which can promise returns of 10% a day whilst also claiming to be "100% safe". This is a scam. The only way this could be called legitimate is if you would consider only the number of those shittokens or whatever they are as an indicator. So you invest 10 yoshits, I can pay you 100 by tomorrow cause I' the one printing them, and I can issue a decillion of them whenever I feel like. But if you invest 100$ and after one year of 10% a day gains you end up with a million token worth 2 cents , it's a scam by all standards. |
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examplens
Legendary
 Online
Activity: 3276
Merit: 3165
Crypto Swap Exchange
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December 23, 2019, 06:01:15 PM |
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The only way this could be called legitimate is if you would consider only the number of those shittokens or whatever they are as an indicator.
So you invest 10 yoshits, I can pay you 100 by tomorrow cause I' the one printing them, and I can issue a decillion of them whenever I feel like.
But if you invest 100$ and after one year of 10% a day gains you end up with a million token worth 2 cents , it's a scam by all standards.
Exactly. They promise 10% daily, for example, but his shittokens lose on the value of 20% per day. that is why users hold "investment" another day, and so on... in the end, you will get your investment + 10% daily in his tokens, which will be worthless. btw. You can't do anything with his coins, they have no wallet, not listed to anywhere except on Yobit. Just received an email from there: Dear YoBit Users! Invest your coins to Yobit InvestBox: https://yobit.net/en/investbox/X10 - 10% daily (300% / month) - NEW!!! BTC - 1% daily (for Yo Token holders) YO - 0.2% daily (6% / month) BTC - 0.1% daily (3% / month) |
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PrimeNumber7
Copper Member
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Activity: 1624
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Amazon Prime Member #7
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December 23, 2019, 06:33:10 PM |
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That is obviously a new campaign and would be considered a violation of yahoo's contract with cryptotalk (yobit). He may actually stop managing the campaign and most signature participants could also leave because of that. If yahoo62278 stops managing the campaign, it's open for all shitposters again, and spammers with farmed accounts won't care if they're promoting a likely scam. Until theymos bans their signature again. I think this is a pretty weak argument in favor of someone getting paid to help promote a very shady company (some would go as far as to say that YoBit is an outright scam). Furthermore, some participants may argue that they are participating because yahoo is managing the campaign. I don’t think the possibility that shitposters might spam the forum is a reason to help a scam advertise. It seems to me that the payment for campaign management services is more about YoBit being allowed to advertise without significant pushback against their participants and less about actually managing their campaign. I have to say I am disappointed that others are not being vocal about this. |
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