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Re: YOBIT SCAM: x10 Banner Promoters Will Be Tagged For Promoting a Ponzi Scheme
by
o_e_l_e_o
on 25/01/2020, 12:26:13 UTC
that's basically what yobit is doing: inventing fake coins, printing them at insane inflation rates to ("honorably") pay out HYIP rates, and letting greed take its course.
I made essentially the same points in a post last week: https://bitcointalk.org/index.php?topic=5217581.msg53654366#msg53654366. The InvestBox does actually do what it says on the tin, and they do pay out the promised 10% interest. They can claim that the inevitable loss of investors' money is simply due to poor market conditions, and your investment (as measured in X10 or whichever fake token you have chosen) is technically "100% safe". It's only your bitcoin which will be lost forever. The whole thing is set up very smartly to protect itself from scam accusations, which for me makes it even more scammy/scummy than an "honest" HYIP like a bitcoin doubler.

    Again your topic, but still you didn't convince me in anything. Coins that go up
and down same as other crypto-currencies, some rules and requirements for
people who wish to use Yobit invest box. Every service has some requirements,
you can't say something is a scam just because you don't like it.
Read the posts of mine the JollyGood has linked to above. These coins don't even exist and can't be deposited or withdrawn. They are not cryptocurrencies. They are entirely made up numbers on YoBit's servers.
   
   And how fair are you? I asked is it official?
Scams are not moderated, and so there will never be an "official" statement regarding this from forum staff. (I assume that is what you are asking for.)

   You are promoting a mixer. And it's well known that mixers are used by
criminals and scammers! They mix their coins obtained by illegal activities.
Please see the following thread for a thorough debunking of this argument: https://bitcointalk.org/index.php?topic=5214200.0.

   Tagging someone without a valid reason is against the forum rules.
No, it isn't. Trust is not moderated.