Yobit Crypto Exchange Announces Public Pump and Dump Scheme. Yobit may normally barely be able to hold onto the #50 spot on Coin Market Cap, but someone over there must have cojones the size of ... Pump & Dump is a way of manipulating the price of altcoins; the asset is talked up to drive the price up before it is dumped for a profit. Key Information. YoBit launched in 2015 and is an unregulated exchange; there is also limited information about the exchange. They have had bad reviews regarding its pump & dump of coins and the slow ... Yobit’s pump and dump event is no doubt a marketing gimmick designed to increase trading activity on the platform and, sadly, it appears to be working. In the time it took to write this article ... Keine seriöse exchange, es wird gemunkelt, dass die betreiber mit pump& dump groups zusammen arbeiten. Ob was dran liegt,? keine Ahnung.. Aber ich lasse persönlich meine Finger von dieser schmutzigen Exchange. YObit Erfahrungen von: Coin Trader. Verfasst am: 20.04.2019. Scheinbar die gleiche russische Scam-Plattform wie WEX: Auszahlungen von Namecoin sind auf unbestimmte Zeit blockiert ohne ... Has YoBit Gone Crazy? Exchange Surprises Clients With Promises of Random Coin Pumps. A new announced from the Twitter profile of YoBit has left some investors worried. According to the company, YoBit Pump, which will start tomorrow, October 11, will see the company buy one random coin from the crypto space for 1 BTC every one or two minutes 10 times, spending 10 BTC. Following the colossal dump, Bitcoin had recovered a bit, and as of now, failed after testing the first major resistance at $9700, where lies the 38.2% retracement area. The takeaway from here is that violent moves to one side (up) carrying violent moves to the other side (down), and this is especially true for the volatile cryptocurrencies.
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