Post
Topic
Board Speculation
Re: BTC price down on yobit, btg now trading
by
The Pharmacist
on 23/10/2017, 16:13:53 UTC
Did they credit members on yobit, or are they just trading futures at the moment? I know there were a few sites that were crediting early.
Obviously it's a derivative thing, as BTG hasn't been "launched" yet, so people are straight up gambling right now with something that doesn't exist.  Yobit has done this before, and it's sketchy as hell, and I'm wondering if it's even legal.  No US exchange would probably get away with just creating a derivative security/currency out of thin air,  but this is Yobit.  Ny prediction is that they'll eventually get shut down by regulators.  I don't even know what country they're based out of.