Post
Topic
Board Reputation
Merits 16 from 5 users
Re: Have you seen Yobit's new signature design?
by
stompix
on 23/12/2019, 17:41:34 UTC
⭐ Merited by suchmoon (7) ,Welsh (4) ,LoyceV (3) ,o_e_l_e_o (1) ,SFR10 (1)
Furthermore, the only thing I can find regarding this "X10" token is an announcement from bitcoin.com's forums here. (Warning: bitcoin.com is a known scam site designed to trick newbies in to buying a trash altcoin.) See the following quote:
Quote
Earn MULTIPLE $50, $100, $200 and $500 Commissions Plus Profit Sharing on 5 Downline Levels!
Get Paid $50, $100, $200 and $500 COMMISSIONS + DOWNLINE PROFIT SHARING 5 LEVELS DEEP!
All Instant & Automatic To Bitcoin Wallets!
Earn Massive Commissions Via X10!

There are a few more lines there:

Quote
The world's 1st Fully Automated Bitcoin Automated Income Platform!
A.I POWERED Where EVERYONE Gets Paid!
The X10 Platform via the Cryptopia API relay utlizes A.I. Powered 'Smart Bots'
to Automaticaly hedge against Bitcoin and other currencies!
100% Fully Automated and is built on Top of a Very Stable and Highly
Secure EMA Stack with 100% Redundancy.

Keywords, automated, everyone gets paid, smart bots.....
So, they have invented a new kind of Perpetuum mobile where everyone gains and not just a few cents but hundreds of commissions, 5 levels deepthr...

Anything like this would be labeled as a ponzi scam in the scam section, and I see no reason why this should be an exception...

I think it's legitimate
Based on what? Do you have any evidence or proof of payouts?

They do have investment plans for btc, but I think you'd have to be on the lunatic fringe to deposit a coin that valuable on yobit so as to earn money with it.
So what you are saying is if you deposit anything with actual value, it is likely to get stolen? So in what way is this "legitimate"?
There is no investment program in the world which can promise returns of 10% a day whilst also claiming to be "100% safe". This is a scam.

The only way this could be called legitimate is if you would consider only the number of those shittokens or whatever they are as an indicator.
So you invest 10 yoshits, I can pay you 100 by tomorrow cause I' the one printing them, and I can issue a decillion of them whenever I feel like.

But if you invest 100$ and after one year of 10% a day gains you end up with a million token worth 2 cents , it's a scam by all standards.