Toilet Paper Token in Yobit

[Saisher]

CMC has made a small joke but Yobit took it very seriously. It is understandable why the Yobit traders rush to pump the toilet paper token but the losers are more than winners. It is a win-win for the Yobit team and as always the average traders lose this bet.

There's always a temptation to make money out of shitcoin when it is listed in a shit exchange like Yobit,  this is something that will always pop up when there is an opportunity for some developers to create something that will turn it to pump and dump, because they make profit from these because this kind of projects sell to investors who are brave to invest on this kind of project.

[1715527469]

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[1715527469]

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[1715527469]

1715527469

[Oasisman]

CMC has made a small joke but Yobit took it very seriously. It is understandable why the Yobit traders rush to pump the toilet paper token but the losers are more than winners. It is a win-win for the Yobit team and as always the average traders lose this bet.

Are yobit really taking it seriously?
Cmc posted it to celebrate the April fools day, I didn't think someone would take advantage of it.


Anyway, I guess yobit are doing everything just to earn $ from every little opportunity they get, and this is just another indication that people needs to be wary on every coin/token that yobit is introducing to their investors, specially this one.  

[umbara ardian]

Continuing to be a scam token created from this exchange, I had previously seen them create Corona Virus tokens and now are toilet paper. Stay away from these bullshit tokens if you want to be safe. Never invest in these tokens because it's completely bullshit

[bitcoinst]

~snip

Nevertheless, bidding is still ongoing. Volumes surprisingly fell from 800 BTC to 1.5 BTC, and trading continues.
I don’t know what it is, the speculation of which is out of control or a pre-planned action, but everything looks strange. It does not look like the exchange is going to remove this coin.
By the way, Ripple have lower trading volumes than TPT.

[Chlotide]

https://twitter.com/YobitExchange/status/1245382899668484097

I read some posts where users actually bought this crap. Yobit should really pay for this !

[inanilujimi]

Impressed want to always get $ from every opportunity that exists, it looks like they have now managed to create hype, people should not be easily influenced but if greed has penetrated the spirit of regret that will come.

[gweedo]

It seems they are taking advantage of April Fools 'Day to create bullshit tokens and steal money from investors' pockets. I will not waste my time and money on this project because it is definitely a scam and will quickly collapse in this market.

[Chlotide]

I am sure there were enough greedy fools who decided to try their luck on this speculation, then such people scream that they were deceived, while they themselves are to blame for everything.

While I agree that people's greed was a big factor, you cannot say they are to blame for everything. The fact that yobit listed this actual joke of a token and makes money from transaction fees (fees are in BTC, not this TPT crap)



The fact that a few wanted to make a quick buck with this is understandable. The fact that yobit facilitates that is not !

[Odebowa]

I dont think there is anything like that is just a prank that the toilet paper token in yobit confirm in https://blog.coinmarketcap.com/2020/04/01/toilet-paper-token-wipe-paper/ their is an article on it's April fool

[Sendi blackspade team]

While I agree that people's greed was a big factor, you cannot say they are to blame for everything. The fact that yobit listed this actual joke of a token and makes money from transaction fees (fees are in BTC, not this TPT crap)


The fact that a few wanted to make a quick buck with this is understandable. The fact that yobit facilitates that is not !

just forget what happened to yobit and all its updates. some of the tokens released don't end well either. I doubt there will be an investment in there.

[best2015]

CMC has made a small joke but Yobit took it very seriously. It is understandable why the Yobit traders rush to pump the toilet paper token but the losers are more than winners. It is a win-win for the Yobit team and as always the average traders lose this bet.

Is it a win-win for yobit tho?
If people will get screwed there will be a lot of rumors and shouts about yobit being shillers.
So they should be very careful about this token

[Chlotide]

I doubt there will be an investment in there.

I really hope you are just ignorant... or a complete moron.
CMC whipped up a ERC20 token as a prank. All 8kk supply are in CMC wallet
What does yobit allow users to trade ? Just numbers in a spreadsheet (as usual)
1.5 BTC 24h Volume ... pfff

[cytpoway121]

I got a notification yesterday on a telegram group that Yobit has listed Toilet Papet Token. Surprised. It is an ERC20 token. Last 24 hour volume is 822 BTC, that's not a joke. https://yobit.net/en/trade/TPT/BTC, who is the token creator? yobit?

For me, irregardless of whoever owns the token, the name toilet paper token itself does not speak well for me, That aside, i don't like yobit.
Since i sold off my sphere tokens, i never visited yobit anymore.

The volume is indeed not a joke, but crypto currency trade is not a joke either.
Hence, do your own research and do the best for you.

[fortunecrypto]

All along as I saw the toilet paper token on coinmarketcap cap, I knew it was a prank, especially seeing it in number zero I confirmed it was only but a prank for April Fool's day,but if yobit has listed them,then it could be another token created by them but they just gave the token that name. Investors should be careful though.

It's possible that this token was created by Yobit so they easily listed it and now it's being pumped by their robot, I wonder if Yobit will finally be exposed after Binance acquired Coinmarketcap, we all know that Yobit has a long history of faking and pumping their volume and listing tokens they themselves created for pump and dump scheme.

[Estrange18]

Yobit well known in such manipulations and there is nothing suspicious that average CMC 1st april joke was used by Yobit to earn more btc or USDT. I think we shouldn't pay attention to this that not to attract with this people there.

[Chlotide]

Maybe OP can change title to something more clear "Yobit April Fools Scam"

[mdzahed134]

I think the token maker is yobit, is there any other information about the website and social media from the token that you mentioned, that I know in the CMC list is only a joke but if in the yobit I don't know, we know that yobit sometimes makes tokens or coin that has no purpose and only traded on his own market

You are right these Toilet Paper Token (TPT) is created from yobit exchange platform. I don’t know why they doling such things most of the times and i think for those bullshit they affected and losing their reputation. I also surprised when i have seen TPT token is  overtaking BTC in the coinmarketcap but i understanding it was clearly April Fool.         

[#Darren]

This exchange is a joke. It is not funny anymore, some guys are literally buying this token and yobit is making money on it. It costs several bucks to create an ERC-20 contract, but to fool yobit users for 1000 time is priceless.

[Denreal]

This exchange is a joke. It is not funny anymore, some guys are literally buying this token and yobit is making money on it. It costs several bucks to create an ERC-20 contract, but to fool yobit users for 1000 time is priceless.

I am not surprised that Yobit could come up with a thing like this, taking advantage of the undue circumstance. Those that initiated the Toilet Paper Token only took it as a joke, but here comes an exchange, taking it seriously and extorting people. I still do not know those who are trading on Yobit and are courageous enough to trade their BTC against another shitcoin that has been created by Yobit. We can never see it trade on any other exchange aside where it is created because it is useless.

[Renampun]

I don't surprise if that token was getting in a list on Yobit as we know that Yobit accepted so many tokens in their exchange. But we don't know if Yobit is behind that tokens, and we can only guess about that. The price itself is at 13-14 satoshi, but I don't think that there is a movement from that coin, and maybe the queue list is from a few traders who still want to try to search a profit.

correct...
from what I have noticed, Yobit is not selective in selecting or filtering tokens that are listed on their exchange, toilet paper tokens are even included in the CMC list