YOBIT SCAM: x10 Banner Promoters Will Be Tagged For Promoting a Ponzi Scheme

[logfiles]

 Again your topic, but still you didn't convince me in anything. Coins that go up
and down same as other crypto-currencies, some rules and requirements for
people who wish to use Yobit invest box. Every service has some requirements,
you can't say something is a scam just because you don't like it.
  
   And how fair are you? I asked is it official? You didn't provide an answer but your
friend hurried to tag my account. Shame on both of you!

You are referring to blurryeyed right? I doubt if he's even a friend of JollyGood. AFAIK, he has been tagging anybody who wears a yobit signature since time immemorial... You should probably take the anger to him though i doubt he will change his mind and it's not worth it.

Just be glad that JollyGood decided not to do the tagging since the campaign is ending, Just move forward rather than keep dragging on. It does no good  

[Bezobraznike]

   Again your topic, but still you didn't convince me in anything. Coins that go up
and down same as other crypto-currencies, some rules and requirements for
people who wish to use Yobit invest box. Every service has some requirements,
you can't say something is a scam just because you don't like it.
  
   And how fair are you? I asked is it official? You didn't provide an answer but your
friend hurried to tag my account. Shame on both of you!

There is nothing wrong about tagging someone for promoting a service that promises 10% profit a day and its based on a fictionary token. This isn’t a court of law. You are free to disagree just like he is free to think these users deserve a tag. If you or other users disagree, they aree free to ~ him on your trust list, but he doesn’t need to act only when there is an 100% undoubtable scam.

   You are promoting a mixer. And it's well known that mixers are used by
criminals and scammers! They mix their coins obtained by illegal activities.
   Tagging someone without a valid reason is against the forum rules. Tagging
just some users that participate in promotion is like attack on these people not on service.
    You made a post and you got paid for that. You didn't try to read a topic and give
your opinion about entire situation, you just wanted to join a mob and get paid for that.

You are referring to blurryeyed right? I doubt if he's even a friend of JollyGood. AFAIK, he has been tagging anybody who wears a yobit signature since time immemorial... You should probably take the anger to him though i doubt he will change his mind and it's not worth it.

Just be glad that JollyGood decided not to do the tagging since the campaign is ending, Just move forward rather than keep dragging on. It does no good 

   I'm not angry, I just don't like double standards. Today this happened to me,
tomorrow same will happen to you.
    And it's weekend, I'm free next 2 days. I can spend some time here and maybe I
will learn something.

[TryNinja]

You are promoting a mixer. And it's well known that mixers are used by
criminals and scammers! They mix their coins obtained by illegal activities.

Wow, first time I hear someone using this falacy without knowing what they are talking about ^/s. Let me guess, you also think VPNs are only for criminals and that you don’t have anything to hide, am I right?

A quick read for you: Chainalysis: Most Mixed Bitcoin Not Used for Illicit Purposes

Tagging someone without a valid reason is against the forum rules.

It is not.

You made a post and you got paid for that. You didn't try to read a topic and give
your opinion about entire situation, you just wanted to join a mob and get paid for that.

Oh dear, only if you knew how much I read in this forum VS how much I post.

[JollyGood]

I cannot find the specific posts logfiles referred to but these are an indicator of what the Yobit x10 is, hopefully the information in just 3 links will suffice:

https://bitcointalk.org/index.php?topic=5217581.msg53670926#msg53670926
https://bitcointalk.org/index.php?topic=5217581.msg53650350#msg53650350
https://bitcointalk.org/index.php?topic=5217581.msg53684110#msg53684110

    Again your topic, but still you didn't convince me in anything. Coins that go up
and down same as other crypto-currencies, some rules and requirements for
people who wish to use Yobit invest box. Every service has some requirements,
you can't say something is a scam just because you don't like it.
  
   And how fair are you? I asked is it official? You didn't provide an answer but your
friend hurried to tag my account. Shame on both of you!

First of all, thank you for removing the x10 banner.

Second, if you can say whole-heartedly with a clear conscience that you really dispute that the Yobit x10 scheme is not a scam then I have to apologise.

Sadly, it would mean myself (and any other users that are trying to protect newbies and gullible investors/users from getting their funds effectively stolen by Yobit) have failed in articulating  enough evidence to convince you. Unfortiunately, if I (or others) have been unable to change your view or convince you it should not be a reason to stop wanting to protect potential victims. Therefore while you claim it is not scam, I claim it is a scam and the cycle would usaully continue but no longer.

The action taken by some members to tag all users showing Yobit banners started some weeks ago but has evolved to this stage gradually, I hope members will start protecting the integrity of this forum.



I hope the following post (which was incidentally linked above) you can see for yourself just one of the reasons why Yobit is a scam. The case made has been expressed in excellent fashion by o_e_l_e_o:

Let's take the X10 scam as an example, since it was the one which was shilled on here.

This "token" has no blockchain, has no smart contract, can't be withdrawn or deposited, and doesn't exist outside of YoBit. It was created out of nothing by YoBit to be traded only on YoBit. It was launched on December 19th, with ridiculous claims of being "100% safe". YoBit created and sold 68.7 BTC worth of tokens, generating around half a million dollars of pure profit for YoBit:



After creating this scam out of nothing and having it bought up rapidly, YoBit then simply ignore it. Early buyers dump on later ones, and YoBit continue to create tokens out of thin air to pay the "10% interest" in a worthless non-token which you can't do anything with. The result being we now have bag holders stacking up sell order upon sell order, with no idiots left to buy:


Don't worry though, users here will tell you, it's definitely not a scam. Everyone who invested is getting their 10% more X10 a day, and their tokens are 100% safe! They are certainly right about that last point - the tokens can't be stolen since they don't actually exist in the first place.

With the scam complete and a nice half-million profit, YoBit can simply rinse and repeat with the next made up token.

If that is not helping to convince you and you have already seen various posts and threads but are not viewing Yobit as a scam then I request other far more learned and respected members to kindly contribute here in a manner that might be more beneficial in that maybe Bezobraznike will be able to understand because I am clearly lacking in expressing myself.

  Is it official? I don't wish to get tagged!
   Do you really think that Yobit is a scam? Before I joined Yobit campaign I checked them, they seems solid! There are scam
accusations against Yobit, like every crypto-service has, nothing important! They are working for years, I use them for the last couple
months for buying some alt-coins I wish to have and I didn't have any problems with that or with withdrawing those alt-coins.

Please forgive me, I should have replied to the first post you made in the thread.

Based on that alone I feel that you getting tagged was somewhat harsh but as TryNinja pointed each user has their own interpretation of the threshold for what constitutes the reason for leaving negative trust. I have sent a PM to blurryeyed asking him to kindly reconsider the tag because I should have replied to you so part of the blame lay with a misunderstanding, I made a mistake and overlooked your post because examplens posted a reply to you captured everything appropriately. Maybe you missed it. Either way I am sorry for what happened.

[o_e_l_e_o]

that's basically what yobit is doing: inventing fake coins, printing them at insane inflation rates to ("honorably") pay out HYIP rates, and letting greed take its course.

I made essentially the same points in a post last week: https://bitcointalk.org/index.php?topic=5217581.msg53654366#msg53654366. The InvestBox does actually do what it says on the tin, and they do pay out the promised 10% interest. They can claim that the inevitable loss of investors' money is simply due to poor market conditions, and your investment (as measured in X10 or whichever fake token you have chosen) is technically "100% safe". It's only your bitcoin which will be lost forever. The whole thing is set up very smartly to protect itself from scam accusations, which for me makes it even more scammy/scummy than an "honest" HYIP like a bitcoin doubler.

    Again your topic, but still you didn't convince me in anything. Coins that go up
and down same as other crypto-currencies, some rules and requirements for
people who wish to use Yobit invest box. Every service has some requirements,
you can't say something is a scam just because you don't like it.

Read the posts of mine the JollyGood has linked to above. These coins don't even exist and can't be deposited or withdrawn. They are not cryptocurrencies. They are entirely made up numbers on YoBit's servers.
   

   And how fair are you? I asked is it official?

Scams are not moderated, and so there will never be an "official" statement regarding this from forum staff. (I assume that is what you are asking for.)

   You are promoting a mixer. And it's well known that mixers are used by
criminals and scammers! They mix their coins obtained by illegal activities.

Please see the following thread for a thorough debunking of this argument: https://bitcointalk.org/index.php?topic=5214200.0.

   Tagging someone without a valid reason is against the forum rules.

No, it isn't. Trust is not moderated.

[JollyGood]

   And how fair are you? I asked is it official? You didn't provide an answer but your
friend hurried to tag my account. Shame on both of you!

I just checked your feedback. It appears blurryeyed has kindly revised his feedback to neutral so you no longer have negative trust.

[LoyceV]

i took a closer look at the "investbox". coins like DOGE and BTC yield very low interest like 0.1%. it's only the fake coins printed by yobit (like X10) that are paid HYIP-like returns.

I wouldn't call 0.1% per day very low. That's 44% in a year! That money has to come from somewhere, and I'm pretty sure it's not coming from Yobit's pockets.

[stompix]

i took a closer look at the "investbox". coins like DOGE and BTC yield very low interest like 0.1%. it's only the fake coins printed by yobit (like X10) that are paid HYIP-like returns.

I wouldn't call 0.1% per day very low. That's 44% in a year! That money has to come from somewhere, and I'm pretty sure it's not coming from Yobit's pockets.

There are conditions for those 0.1% gains, o_e_l_e_o  posted what that ds means, 10 dice rolls a day on their dice game for doge, and for 0.1% in BTC you have to buy those on top:

BTC   0.1%   Daily    BTC: 10 ds + 100 000 Frog + 30k Panda + 200 Sex   

so it's 10 dice rolls day (probably there is a minimum but I don't know what that is) and you have to buy coins worth 0.3 BTC.
Which will probably be worthless by the end of the year...

[morvillz7z]

Speaking of Yobit's Investbox, you guys should check out their official Twitter account and have a laugh with those shills trying to promote it.
Look at this dude for example, Yobit doubled his BTC out of nowhere, who could resist an offer like that? Brilliant! smh 

[JollyGood]

Looking at the image, it seems Jacob and Pavel are both exemplary examples of what a shill should look like. I am not heaping praise on them but but merely pointing out the over-the-top recommendations.

One does not know whether to laugh or be saddened by the manner in which Yobit are trying to manipulate existing or potential users.

Speaking of Yobit's Investbox, you guys should check out their official Twitter account and have a laugh with those shills trying to promote it.
Look at this dude for example, Yobit doubled his BTC out of nowhere, who could resist an offer like that? Brilliant! smh  

[stompix]

Speaking of Yobit's Investbox, you guys should check out their official Twitter account and have a laugh with those shills trying to promote it.
Look at this dude for example, Yobit doubled his BTC out of nowhere, who could resist an offer like that? Brilliant! smh  

Do you know what's really funny?
Those guys are not shilling for Yobit! Those are some other species of scammers altogether!
https://twitter.com/YobitExchange/status/1126208362822209544

The domain yobit-admin.net is used by these to impersonate yobit admins.
https://bitcointalk.org/index.php?topic=5109313.0

The scam goes like this:

I tried to resolve the problem with BSTY manually but there is a technical issue with your account
bla bla bla bla......

To pass the verification and activate all addresses and wallets please follow my instructions.

1. Create a new account on Yobit. Deposit 0.15 BTC to it.
2. Please log into your new Yobit account. Click on your user name in the top right corner and select Yobit codes.
3. Then select BTC and enter your full BTC balance. Click Create New Code. You will need to confirm it via email.
4. After you confirm the code don't activate it. Send the code to me and we will activate your new account and move balances from the old account to your new one.

You can figure out the outcome...

[crazy-joe]

Speaking of Yobit's Investbox, you guys should check out their official Twitter account and have a laugh with those shills trying to promote it.
Look at this dude for example, Yobit doubled his BTC out of nowhere, who could resist an offer like that? Brilliant! smh  

You're not seeing it's a scam?  

Looking at the image, it seems Jacob and Pavel are both exemplary examples of what a shill should look like. I am not heaping praise on them but but merely pointing out the over-the-top recommendations.

One does not know whether to laugh or be saddened by the manner in which Yobit are trying to manipulate existing or potential users.

OMG you think you're a scam buster and you are not even able to spot those noob scams? really?

[morvillz7z]

Do you know what's really funny?
Those guys are not shilling for Yobit! Those are some other species of scammers altogether!

I stand corrected, you are right! Those are not really Yobit shills and that's irony, their userbase is first subjected to various pump and dump schemes/ investbox opportunities via non-existent tokens, accounts and withdrawal freezes by the exchange itself and then those same people are being scammed again by Yobit admin imposters on Twitter...lol they can't catch a break.

Given all the shady practices i won't be surprised if those fake Yobit admin accounts are not actually controlled/operated by Yobit themselves, call it a side operation (even though it's nearly impossible to prove).

[Bezobraznike]

   @o_e_l_e_o my friends tell me that I am an idiot because I invest my money in Bitcoin and other crypto-currencies. They used the same
arguments as you are using to explain me that Yobit is a scam. More than once they told me that I invest in a thin-air and that I will regret it.

   @JollyGood I don't have that Yobit x10 coin/token, whatever it is. I never had any of those coins/tokens mentioned to be Yobit products
to scam people, because I never was interested in them. As exchange Yobit is working, their products are being used by some people and until
now I didn't see anyone complains about that.
   
    I don't know what you think of me. I feel a need to say that I am not arguing, I can't argue with you two when you are smarter than me.
I don't have technical knowledge as you do, I am a beginner in almost everything connected with crypto-currencies. I try to read a lot and
do some kind of research, as much as my knowledge allows me, I stated the same in some of my comment.
    I am still not convinced that Yobit is a scam. I will continue to use Yobit until I spend those Bitcoins left there from my payments, I decided
to invest them in some alt-coins. Yobit products are not interesting for me, I would never use Yobit exchange in the first place if there wasn't
a campaign. What will happen with Yobit and Yobit products we will see in the future.

[examplens]

~ 
   @JollyGood I don't have that Yobit x10 coin/token, whatever it is. I never had any of those coins/tokens mentioned to be Yobit products
to scam people, because I never was interested in them. As exchange Yobit is working, their products are being used by some people and until
now I didn't see anyone complains about that.
   
    I don't know what you think of me. I feel a need to say that I am not arguing, I can't argue with you two when you are smarter than me.
I don't have technical knowledge as you do, I am a beginner in almost everything connected with crypto-currencies. I try to read a lot and
do some kind of research, as much as my knowledge allows me, I stated the same in some of my comment.
    I am still not convinced that Yobit is a scam. I will continue to use Yobit until I spend those Bitcoins left there from my payments, I decided
to invest them in some alt-coins. Yobit products are not interesting for me, I would never use Yobit exchange in the first place if there wasn't
a campaign. What will happen with Yobit and Yobit products we will see in the future.

You never have any of Yobit coin/token, this is the reason why you can't argue about these themes. But you are still defending Yobit.

* Probably you use just part of this forum/internet if you didn't see any complaints to Yobit products. Just try to search "Yobit scam" you will get more results than "Kim Kardashian" term. Jus do few searches here and you will find lot of interesting information.

~ 
    I am still not convinced that Yobit is a scam. I will continue to use Yobit until I spend those Bitcoins left there from my payments, I decided
to invest them in some alt-coins.

Test them, (I am) just for you to be sure and convinced. until then, do not defend them.

[JollyGood]

Thank you for your contributions, this thread has served its purpose therefore will been locked soon.

[iluvbitcoins]

I have been warned yes, but I'm a busy person, I can't dwell into things as soon as I'm notified about them
http://prntscr.com/qtb9x1

I wasn't in my apartment for those 2 days since I slept at my ex's place, which can be seen from my post history as well
http://prntscr.com/qtbaee


When I woke up in my own bed I took the time to research the subject and left the campaign.

I don't see how an arbitrary 24 hour period would make any moral difference?
Would I be more moral if somehow an iPhone charger was present there for those 2 days?
Or am I less moral because my battery was dead?


I believe this is completely disingenuous and malicious.
The purpose of the trust system is to know who you can trade with and who you can't trade with.
You know full-well I'm a trustworthy person, but why you decide to abuse the system in order to carry your own vendetta is beyond me.



http://prntscr.com/qtbvlk

At XMR peak of 480$, the depository had more than 2000 XMR
Which is over a million dollars

I've been the escrow for these Monero for some 4 years now.
It's currently ~70k$, but at its peak I handled a million $ worth of anonymous cryptocurrency

And you seriously believe now that I'm an untrustworthy person because I wasn't able to research the subject the same day you sent me the PM?

[nutildah]

JG -- I think your negative is a bit harsh for these accounts as the YoBit campaign is now over in its entirety.

There's no doubt that YoBit is sleazy and X10 is obviously a Ponzi but I don't think your 24-hour window was long enough.

Would you perhaps consider adjusting these ratings to neutrals?

[JollyGood]

Absolutely yes, I will change negative tag to neutral. Thank you for taking an interest in this issue.

Maybe 24 hours was not enough but 8 users did change their x10 banner. One saw my PM late but removed the banner therefore I removed the tag. The fact that user iluvbitcoins had logged in and sent me a message to say they will wait after the deadline to decide on what to do - did not help but I still waited for time to elapse before tagging. One other users claimed I threatened with unsolicited PMs and ignored the request and the other I think did not respond.

Just reading through what iluvbitcoins has written above deserves a response because I disagree with most of was written and can counter it with my own views and questions but there is no vendetta, there is no animosity, there is no hidden agenda, disingenuous or malicious going on here but I will not comment on it further.

Thankfully now with Yobit supposedly ending their campaign here for the forseeable future they never return with either an new x10 promotion or anything else.

JG -- I think your negative is a bit harsh for these accounts as the YoBit campaign is now over in its entirety.

There's no doubt that YoBit is sleazy and X10 is obviously a Ponzi but I don't think your 24-hour window was long enough.

Would you perhaps consider adjusting these ratings to neutrals?

[JollyGood]

UPDATE: Thread unlocked because iluvbitcoins is sending PMs otherwise stating they would have posted here so I unlocked the thread - go ahead iluvbitcoins feel free to post here but in the interim I have posted your PM below:

Maybe 24 hours was not enough but 8 users did change their x10 banner. One saw my PM late but removed the banner therefore I removed the tag. The fact that user iluvbitcoins had logged in and sent me a message to say they will wait after the deadline to decide on what to do - did not help but I still waited for time to elapse before tagging.

Since you locked the thread, I've felt the need to send you a PM I would reply with.

I don't like being blackmailed nor should I be subjected to your arbitrary cut-off periods, nor should I have to surround my personal life arround your personal messages.

You're not my boss and I will not adhere to your "24 hour ultimatums" nor any ultimatums at all.
And that doesn't change my morality and my trustworthiness.
Even if I stayed in the campaign I would still be more credible&trustworthy than 99.9% of this forum. Proven.

I am my own person, a person that's proven his honesty a million more times than you ever will, and you're purposely missusing the trust system.

Participating in signature campaigns, even if they are ponzis can never be equivalent to scamming.
It's sale of ad-space. Is PornHub a scammer for allowing dick enlargment ads?