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Gerich

ICO of yobit.net

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Hi, the other day the Yobit exchange announced the launch of a new ICO.
https://yobit.net/en/ico/timer/

To buy an ICO from the wall, you must have YO token on your balance

Buy limit will be dynamic: 1 yo = 0.1 btc of limit,example: 2 yo = 0.2 btc limit, 7 yo = 0.7 btc limit. (No min/max)

What do you think about this?

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I don't understand whey YoBit call them ICO, they are basically IEO. I used used invest in ICO but I do not do it anymore. Too many pump and dump which eventually a lose for the investors. In fact, I personally lost a lot.

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10 minutes ago, xBDT Script said:

I don't understand whey YoBit call them ICO, they are basically IEO. I used used invest in ICO but I do not do it anymore. Too many pump and dump which eventually a lose for the investors. In fact, I personally lost a lot.

Personally, my opinion is that I use something that is not scary to lose.
I use 20% of my deposit, and usually have a good profit from such IEOs.
Coin PANDA Token gives a good profit of 1% per day in invest boxing.
And also got developed, listings on other exchanges and I think it is possible to appear on coinmarketcap

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1 minute ago, Gerich said:

Personally, my opinion is that I use something that is not scary to lose.
I use 20% of my deposit, and usually have a good profit from such IEOs.
Coin PANDA Token gives a good profit of 1% per day in invest boxing.
And also got developed, listings on other exchanges and I think it is possible to appear on coinmarketcap

I am done with investing in ICO even long before this IEO things to come in the market. I have lost 80% of my BTC holding because of greed. Now I am all into holding my BTC.

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3 minutes ago, xBDT Script said:

I am done with investing in ICO even long before this IEO things to come in the market. I have lost 80% of my BTC holding because of greed. Now I am all into holding my BTC.

A good choice.
There are black stripes. But  need to try different ways of earning.

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Just now, Gerich said:

A good choice.
There are black stripes. But  need to try different ways of earning.

I do have some business which brings me BTC in regular basis. So, I am well off. It was just a foolish step to accumulate my holding but the reality was upside down LOL

I am glad that I have learnt my lesson and stopped in the right time.

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4 hours ago, Gerich said:

Hi, the other day the Yobit exchange announced the launch of a new ICO.
https://yobit.net/en/ico/timer/

To buy an ICO from the wall, you must have YO token on your balance

Buy limit will be dynamic: 1 yo = 0.1 btc of limit,example: 2 yo = 0.2 btc limit, 7 yo = 0.7 btc limit. (No min/max)

What do you think about this?

What is the total supply of the YO token?

Isn't it too much to have a 0.1 btc value per token?

Can you make it more cheaper like 0.0001 btc per YO.

 This will be good especially to people who can't afford 0.1BTC and want to join the IEO.

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14 minutes ago, cryptokram said:

What is the total supply of the YO token?

Isn't it too much to have a 0.1 btc value per token?

Can you make it more cheaper like 0.0001 btc per YO.

 This will be good especially to people who can't afford 0.1BTC and want to join the IEO.

Yo token supply is 17000.

No minimal value for YO,  but there is a minimum order limit 0.00010000.
And also do not forget about the commission.

 

So, having 0.0001 YO you can buy 0.0001 ICO. its minimal

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1 minute ago, Gerich said:

Yo token supply is 17000.

No minimal value for YO,  but there is a minimum order limit 0.00010000.
And also do not forget about the commission.

 

So, having 0.0001 YO you can buy 0.0001 ICO. its minimal

17,000 YO = 1,700 BTC
Is this a fix price like stable coin? or it will also be listed in the market and do buy and sell?
If it will fix price then people will just buy that to participate on ICO.

If that will not be fix then it is dangerous for the huge price as the market is not really healthy now.

hmmmmm... enlighten me please, TIA

 

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52 minutes ago, cryptokram said:

17,000 YO = 1,700 BTC
Is this a fix price like stable coin? or it will also be listed in the market and do buy and sell?
If it will fix price then people will just buy that to participate on ICO.

If that will not be fix then it is dangerous for the huge price as the market is not really healthy now.

hmmmmm... enlighten me please, TIA

 

YO is a token, it is sold and bought. Price is changing.
Who wants to, he buys to participate in the ICO / IEO / Fork.
The conditions for the next ICO will be later, this is the number of coins and walls.

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I can say one thing, if you invest in this ICO / IEO, buying from the wall you will definitely be in a winning position.
In order not to lose, I advise you to follow the auction and the wall. Here is the key to success.
Well, do not go to extremes and enter all deposits.

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BINANCE needs BNB before you participate in any IEO.

YOBIT now wants YO to have before doing any ICO or IEO on their platform?

isn;t it is too obvious that we are just copying them?

what we really need is demand and more number of investors.

Remember 1 investor that can send 100K USD of investment will never win to a thousand of investors who can do is just 1k of investment!

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10 hours ago, cryptokram said:

BINANCE needs BNB before you participate in any IEO.

YOBIT now wants YO to have before doing any ICO or IEO on their platform?

isn;t it is too obvious that we are just copying them?

I think it's not copy pasting. Almost each of the exchange offering IEO have the option to invest in IEO with its own coin. Kucoin is also using KCS. By doing so, at least this coins are being different from thousands of other coins in market which have no single usage.

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23 hours ago, Iwantapony said:

this will help to increase the price of yo tokens. I think yobit wants more success for their yo tokens. This is good for yo tokens holders. but they need to list good IEO's to increase the reputation. Thought is good but they need to list good IEO projects 

Under what contract is YO? Do they have their own blockchain?

with the 17,000 supply i am sure that the price can go more high or might get a slight down but i like the total supply idea.

YO wil gain more demands if YOBIT will ahve more IEO.

How they choose or let the project to be listed on their IEO platform?

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On 9/27/2019 at 4:30 AM, Gerich said:

Yo token supply is 17000.

No minimal value for YO,  but there is a minimum order limit 0.00010000.
And also do not forget about the commission.

 

So, having 0.0001 YO you can buy 0.0001 ICO. its minimal

First time to hear a limited with less supply as never seen such type of ICO. Does this 17,000 will help to everyone in this world? This could be for Big buyers only since small investors can't afford to put money into such big projects.

Edited by cryptosix
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I just check the yobit exchanger, the YO price is 0.12 BTC now.

That is wow with a volume of 108BTC per day.

That is really something to have. i am thinking now what to do! can we take back time to 0.1 and ill invest!

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What purpose will the token be ? Is it a utility token or security token ? I mean if it is a security token, then we can receive passive incomes from the fees on yobit exchange, or is it a utility token ?


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On 9/26/2019 at 7:08 PM, xBDT Script said:

I am done with investing in ICO even long before this IEO things to come in the market. I have lost 80% of my BTC holding because of greed. Now I am all into holding my BTC.

90% of most ICOs turns out to be scam. I have also lost all my Bitcoin to ICO. I have never been lucky with them, most project I invested were only interested in getting your bitcoin and killing the price of there shitcoin to an unbelievable low price.

I will never invest in an ICO again, no matter how sweet the future looks for such project.

Thank you for sharing your experience with the community.

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3 hours ago, lucashunter said:

90% of most ICOs turns out to be scam.

TRUE! but that started just in 2018!

That is why we are now into IEO, to redeem the investors we have lost before.

Not just you who dont want to participate in any ICO but most people in the community.

ICO stole alot of money1

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First of all, I am really sick of Binance IEOs because they made us wait for long and BNB made us lose money, we did not even have a ticket. So I am trying to invest in something else, Yobit can be a good alternative.

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On 10/3/2019 at 5:52 AM, cryptobaro said:

First of all, I am really sick of Binance IEOs because they made us wait for long and BNB made us lose money, we did not even have a ticket. So I am trying to invest in something else, Yobit can be a good alternative.

Yes you are right, too many conditions must be met for joining IEO in binance, holding BNB for a long time and drawing for the spot. Investors should be simplified not complicated

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3 minutes ago, pageraji said:

Yes you are right, too many conditions must be met for joining IEO in binance, holding BNB for a long time and drawing for the spot. Investors should be simplified not complicated

I think Yobit has advantage in here. There are no much hassle with Yobit. This is very good in one sense and in other sense there are too much work for yobit management which is possibly creates kiosk.

I can see yobit is on it's way to rebuild their reputation in  BitcoinTalk community.

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