Yobit's Bitcoin Liza Update - 04/09/18

in #cryptocurrency7 years ago

Can this really be a life changing Token?

Hi there steemians, it's been over a month now since I last post about YoBit's Token, Bitcoin Liza. You can check my previous post below on how Bitcoin Liza perform last 03/01/18.

https://steemit.com/cryptocurrency/@akilie1029/yobit-s-bitcoin-liza-update

Now, it seems that the 2-3 years investbox time is real and yobit has already taken some action. When Liza was opened in the investbox few months ago, the minimum required number of coins is only at 10 pcs Liza token as you may see on the photo below (1st photo) but as Bitcoin Liza's price continue to dip, YoBit took some action and increased the minimum required number of coins to enter invesbox. First it went up to 30,000 pieces, then few days after up to 150,000 pieces and as of the time of this post, minimum required number of coins is already at 1,500,000 (2nd photo) , well it's been around that much since few days ago.

4.png
Original minimum required amount when Investbox was opened

2.PNG
Current minimum required amount - 04/09/18

Compared to the price a month ago, these day's price is way lower. It's price dipped for way more than 1000 fold that what it used to be when it first was introduced but people as still having high hopes about what Bitcoin Liza might bring into their lives.

1.PNG

Some people are expecting Liza to go below 10 sat today but I guess it's quite far from sight yet. You can see how BIG that wall that they need to break for the price to hit below 10 sat. For the past few days, Bitcoin Liza's price keeps on going back and forth between 12 to 15 satoshi. As what you can see on the photo below, it seems that the price will remain this way for the next few more days or even weeks.

3.PNG

As of the moment, one thing is quite sure, Bitcoin Liza is here to stay for quite a longer period of time. Given that YoBit really holds its promise about giving their token 2-3 years under the investbox, many people's life might change within an instance and just by simply holding Bitcoin Liza on investbox for few weeks or months. People tend to forget one simple fact about Bitcoin Liza as they keep on throwing negative thoughts about having plenty of supply with no or fewer demand, YoBit earns from Bitcoin Liza through the transaction fee that is being paid every time people transact.

Do they really think that YoBit will just let a money maker token lose its value overtime? I guess not! Do they really think that YoBit is just generating as much coin as they want? I guess not! It seems that their forgetting that their 10% Bitcoin Liza Investbox has been replenish multiple times now which means that as of the moment, YoBit is somewhat no longer generating new coins but what I have in mind is that YoBit MIGHT be buying out Bitcoin Liza for a cheap price, adds up portion of it to the Investbox reserve fund and might be selling few of it when price rises up a bit.

Although this is just my opinion, I guess this is not quite far from reality. Still if you don't plan to get into Bitcoin Liza's train, so be it but if in case that you decided to get into it, make sure that the money that you are about to invest is the money that you really can afford to lose because based on the current minimum required amount and with Bitcoin Liza's current price, we're looking at around 0.195 BTC or close to $1400 or about Php. 74,000. Good luck to all of us and have a great day ahead.

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Nice article. Liza is making me rich and I love her. The courageous in crypto will prosper

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