I made the right decision not to join Yobit campaign every one is jumping to join the bandwagon but I cannot betray my friend who was scammed by Yobit, I can lose a friend if he saw promoting Yobit, who scam big money and for a few dollar, now Yobit promoters are now banned here, what do you think , are you also tempted to join Yobit when everybody are joining ?
As for now I will have to think many times before I participate in any tokensale and whether they call it ieo, ico or any other name it's just the same. The market has not yet recovered from the bearish period that's why I don't think I would invest anytime soon although things might change maybe depending to the project so I m not closing my door to any possiblilities with other cryptocurrency project. Am just being cauceous now.
I wouldn't call this overall state of the market. It is just a process of price discovery and a lot of coins are simply worth zero.