Quote from: squatter on September 26, 2018, 07:52:28 PM

Quote from: avikz on September 26, 2018, 06:13:00 PM

Quote from: Kjkd03 on September 26, 2018, 03:36:09 PM

Yobit manipulates its crypto prices. I have seen their programming do this...both create excessive pricing for no reason and then hold down pricing on currencies. BEWARE....STAY AWAY FROM YoBit. There are many other reputable exchanges to trade on Angry

What should I consider you?? A Fudder?? What is the proof you have to put such serious allegation on a crypto exchange?

You have seen the programming and convinced that they are doing such manipulation, but why should we belive you?

I encourage you to provide proofs to justify your allegation or your claim will have no value. It makes no sense to create excessive pricing for any coin because if the same coin is available at a cheaper cost, yobit will loose customer. It's a bad business decision. So prove it and we all will be convinced!

I'm not sure exactly what he's alleging here. But it's pretty well-known that YoBit engages in some unsavory practices. For example, they leave listed coins in maintenance for weeks or months at a time, making it impossible to withdraw funds. In many cases, it looks like they're probably staking customer coins on POS blockchains. Or maybe they're just insolvent.

I'd steer clear of them anyway, given the recent investigations by the Russian government and the arrest of the alleged founder.

I really was not aware of the investigation by Russian Government and the arrest news of the owner. They may have done some foul practice or continuing the same, probably!!

But here i am trying to slam the practice of allegation without proof. It's a free forum and anyone can open an account and create such posts without providing any proof. I am certainly against such practices and that's what I am trying to establish. This is a really harmful practice and the implication of such practice is not good as well.

As I have already said, I haven't used their service and I don't have any experience with them at personal level. So I can't really go ahead and declare them as a scammer exchange in front of the public without providing any valid proof.