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Showing 20 of 1,897 results by guoyu78
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Board Economics
Re: Bitcoin Halving Countdown and Other Data
by
guoyu78
on 07/09/2019, 18:02:19 UTC
prepare yourself to be able to get a lot of profits when the price of bitcoin halving usually the price of bitcoin will go up by a very large amount, lest you miss this golden opportunity.
Halving actually helps miners more than you think it does. Not the small timers because they won't be getting anything since the difficulty will be increasing to mine one bitcoin whereas the number of bitcoins mined will be going down.

However, the big miners will be taking advantage of this, the transaction fee's are still there and the difficulty will go up so the small miners will have to leave and the big miners will have a bigger share of the mined coins, they may not make as much as they used to but they won't need as many machines as they used to as well to mine bitcoin which means less purchases for mining equipment and less electricity costs as well. Think about it this way, you will be basically spending less but earning less as well, it is less risky that way but rewards are lower too, I think miners will be hurt but not as much as we think.
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Topic
Board Speculation
Re: Is bitcoin bearish or bullish
by
guoyu78
on 07/09/2019, 17:32:48 UTC
With the current trend we have, I don't see any market play by now and even whales do some price manipulation as what they did before. We are entering the BER months already and as the expected price will going up as it happens in previous years. However, I've never thought and I never put conclusions that it keeps moving high just like we experience last 2017. The bull run may possible to be with us again will have a big difference from what we've experienced before.
Bull run! Bull run !! Bull run !!!, have we ever asked exactly what leads to bull run, do we just say it in our mouth as though it is just an English word and we just want to use it as expression, but how do we break it down completely. Bull run is not a formula, the fact that 2017 market movement happened that way does not mean that we should now expect the market to always follow that direction.

There were some activities that came to the market for the first time in 2017, look at the ICO, I would say that would be the first year that will have very great participation of investors then, and these investors activities at a goal contributed to why we have that bull run, but I have not seen anything looking like that right now, so we should just not expect too much than what bitcoin Is offering us slowly now.
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Topic
Board Speculation
Re: Close to BIG Breakout. Will it be $7K or $13K?
by
guoyu78
on 07/09/2019, 17:02:27 UTC
bitcoin will drop to level 7000 soon
See one of them, you guys have come here again, but one thing I like about you people's prediction is that anytime there is a wish of downfall from your group, which is when bitcoin will start surging high.

Before April when bitcoin had not turned to $5000, many people were speculating that bitcoin would go down to $2000, we waited for their prediction, but rather than their prediction coming through, bitcoin started increasing in price till it crossed over to $13800 without ever touching that value, and now we are having someone predicting a huge dump from this high amount to $7000, it sounds quite so crazy to me and unreasonable prediction because bitcoin has already passed that stage of dumping that low, if there is going to even be a correction right now, highest we can dump is by  $1500.
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Topic
Board Speculation
Re: What is your Bitcoin price prediction for 2019
by
guoyu78
on 07/09/2019, 16:28:50 UTC
The price could go up that much but I would suggest be careful about it when that happens, if the price goes up anything above 15k there will be a huge gap in the bottom which means it could literally freefall back down under 10k and that would hurt many investors. That is why I highly suggest people to buy now and sell then instead of actually buying then, if you see bitcoin going up to 15k or more than do not buy it, it could still go even higher but that is a big risk compared to right now.

I am not saying bitcoin won't reach 20k or higher, it will but if it does a sudden move without closing the gaps then it will eventually fall which will be another bear run for months for us, it should slowly go up and down in order to reach highers while closing the gaps in between.
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Topic
Board Trading Discussion
Re: Bad time to get into daytrading?
by
guoyu78
on 07/09/2019, 13:53:34 UTC
For you to have said it starts to go well, it means that you started making profit which you fail to realized to take and you dint take it because you fell that particular one is small and you wait longer to take a bigger one, in trading, you don’t take chances, execute your orders always as it come. You should know that we are in a volatility market and market can move towards any direction at any time, since you are a day trader, take profit every time you see it rather than waiting for a bigger one like long term investors or traders does.

There is no time that is ever bad or too late for any trader to trade, it is just left for you to have the right skill and the right strategy, once you are that, then the time of trade would not be an issue.
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Topic
Board Speculation (Altcoins)
Re: Earnings 2 x very likely by buying this coin
by
guoyu78
on 06/09/2019, 18:53:04 UTC
The IOP currency is traded on Bittrex for the price of $ 0.024. The 1st October on LATOKEN the IOP team will do an IEO in which they will be sold Hydra tokens starting from $ 0.056. The IOP-HYDRA swap will be 1.1. So buying IOP now at $ 0.024 you will get HYDRA tokens of IEO value of $ 0.056 with a possible 200% gain ......
I take no responsibility, consider risks and dangers ... this is a revenue opportunity , but you have to assess the risk yourself.
IEO could be a failure so you could lose your money ... but if it is good, it will be easy
If you dint trust what you are promoting or confidence about what you are shilling, then why promote it then? You know too that IEO on some of these exchanges that are low and not popular are not reliable, and that is why you dint want to take responsibility for the recommendation. This is exactly how most a developer has been hiding under anonymity, and they don’t want to take responsibility for any failed project because they themselves do not trust the project.

The coin that you mentioned might be a great one, but it would have been nice if they were being conducted in exchanges like binance, and other popular top exchanges that we all know in the market. Anyway, I wish you best of luck in generating fund for the IEO, let’s make this as test of LAtoken first.
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Topic
Board Speculation (Altcoins)
Re: LiteCoin or ETHEREUM? Best Investment option.
by
guoyu78
on 06/09/2019, 18:07:47 UTC
After Bitcoin, LiteCoin & ETHEREUM made my shortlist for an investment option.

ETHEREUM - My Main concern is Supply is a little bit high & Price is already over $150 which is -1 point against LiteCoin.

LiteCoin - supply is less than 64M & price well under $70.

Which one you would choose for long term invest & Why?
It's hard to tell because both of them are good for long term investment and if you want to compare coin, look for another. You should know that these two coins are really made to serve as an alternative to bitcoin, and these coins has been in existence for a very long time, so you should know that they are both good for long term investment because they have future advantage over other coins because i think they have one of the most valuable real products.

Litecoin is meant to help in transaction because of its speed, and people have been using it for payment while Ethereum is built to support projects that are coming up, so you see that both of them have very promising future and I think you should invest in both.
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Topic
Board Altcoin Discussion
Re: Samsung Launching a Galaxy Note 10 Crypto-Phone Edition: Sources
by
guoyu78
on 06/09/2019, 17:15:44 UTC
It looks like samsung is the only mobile tech company who are using offensive strategy to catch the demand from the crypto users.
If that will be a crypto phone edition and will all of the features related to the crypto?
glad to see that more exchange site has been created a cooperation with big company to create a good devide to be able bought by the traders.
but 5g doesn't mean a lot to deal with the transaction because it's working only to broadcase the tx to the network which doesn't need a lot of bandwith.
Very soon, they will start having competitors too, I am sure that majority of the mobile companies too would want to follow their step because of the stiff competition among them. I have actually ot seen the effect of the implementation of cryptocurrency on their phones as a push for people to start buying the phone, like in my country, the problem of some of these phones is because of their prices, they just place unnecessary price on it because they know that we have very gullible people that would buy it.

I am sure that with that little blockchain technology now, they would have already added the money to it and people will buy it for that. There are more things that really need the blockchain technology than samsumg or all the mobile telecommunication companies.
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Topic
Board Altcoin Discussion
Re: Bounties. IEOs or ICOs.
by
guoyu78
on 06/09/2019, 15:50:08 UTC
There are over 5 new bounties added in the forum daily, so there's a lot to choose from. The major challenge is selection of the best bounty to work on. One needs to be mindful of the fact that the project is what determines the profitability of the bounty and as such its wise to review the project before joining the bounty program.
There has been very great tip released by intelligent people on this Forum on how to identify a bad project to a real one, and I am sure that if those tips are being adhered to and followed, it would be quite difficult for any scam project to get my participation.

If we have just like 5 news ICOs that is being released in a day, I don’t think to research on those 5 really should take much time, there are just some few things that one needs to verify to be convinced that the project would at least be stabilized and that such project would grow to some extent in future, and one of this things that needs to be checked is the team, the team I very important, any team that does not have a clear background or a successful business past would never be able to successfully carry out any crypto project.
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Topic
Board Speculation
Re: Strength of Bitcoin
by
guoyu78
on 06/09/2019, 15:32:47 UTC
It is a great read and the decentralized nature of bitcoin is the reason why we are so free to use it and not afraid of any repercussions.

If you turn that bitcoin into cash somehow and put it in a bank account you may have a trouble but the trouble you are having is the fact that you have an unknown amount of fiat where government doesn't know where you got it and not the bitcoin itself.

In almost any country of the world you can just get into bitcoin, do whatever you want with bitcoin and never got out and nobody will know you were ever in bitcoin, only things that could be considered dangerous is the purchasing bitcoin part and selling bitcoin part, as soon as money leaves your bank account or enters it you have a problem at your hands. That is why being pure crypto will save us all.
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Topic
Board Economics
Re: Hong kong and China war can lead to possible Bitcoin popularity
by
guoyu78
on 06/09/2019, 15:17:54 UTC
Of course there would be increase in bitcoin purchases in Hong Kong. Think about what would you do yourself. We are talking about a whole nation (well sort of nation) getting a pressure from another nation that they are super tied with and that big nation is basically killing you right now and making laws all by itself and demanding the nation to be ruled however they want.

You can't let that happen but you see the chaos and you see people protesting, you are basically facing the fall of your government even if not in democratic ways it is definitely not doing well in popularity. It means these people will of course will take their money and take it to bitcoin, I don't know how much it will affect bitcoin itself as a whole but it definitely will affect the adoption rate in Hong Kong.
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Topic
Board Economics
Re: The Risks and Rewards of Cryptocurrencies
by
guoyu78
on 06/09/2019, 04:55:28 UTC
it would be wise if we risked capital not at every moment. However, I have seen a lot of evidence of payments and money they receive from investments, crypto is also a very risky investment, but that sometimes becomes a challenge for investing. it's true that there are no real rewards here.
True, but it is same for stocks, bonds, commodities and any other market where speculation drives the price. Organic growth is a rule that will happen always with bitcoin but there will be times when the prices will fall. Its not something to worry about but a time to buy more coins for yourself. Its better not to look for other coins to put your money in in order to get rich quickly because that does not happen.
I totally do not doubt that buying those coins is the best way to accumulate them, but there won’t be any different from what we get from ICO and what we buy in respect to the authenticity of the project if we buy coins that has no real use case, it would just be like we are scammed because that is what many of the coins that we are holding now is, there is no difference between a scammer that ran away with people's money and a scammer that didn’t run but watching as the coin is gradually being destroyed.

In other to minimize the risk of even buying those coins with our personal fiat, we have to make sure that the project is a quality project and has a real use case that will make our investment in it to be protected and not wasted like other ICO.
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Board Speculation (Altcoins)
Re: Catex exchange e catex token
by
guoyu78
on 05/09/2019, 18:02:13 UTC
What prove do you have the volume on this exchange is real, because I have seen so many exchanges too that are new and have said the same thing, it is when you get to start using them that you see that no one is willing to buy the order that you placed, and you see it staying so long without getting executed.

There are so many of my trades that are still pending on lots of exchanges that I have tried in the past, but I will still give this one benefit of doubt because it has a utility token and since this price is just little for now, we could still try it and see how far this exchange can go. The moment I get to the platform, I would be able to know if this exchange would be a serious one or not and if their tam would be a active one.
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Topic
Board Speculation (Altcoins)
Re: Do you think ETH will bounce back to $600 or back below $100 ?
by
guoyu78
on 05/09/2019, 17:02:09 UTC
Hitting 600 might be an impossible thing for ETH for sure but with crypto so many other similar things happened and it got us regretting that moment so my advice is buy what you can afford and then HODL Things might definitely happen with the coin but buy cheap
Don't be too pessimistic, we know that the potential for cryptocurrency can happen at any time, especially for ETH which is one of the most popular crypto coins today. Even if you look at it from now on, it looks impossible, but if the ETH price starts to recover, the price is likely to approach the price of $ 600. For starters, I think the price will reach $ 350 the same as a few months ago.
There is nothing that usually look impossible to me anymore in the cryptocurrency market because I have seen so many instance when you feel this coins are no longer getting relevance or no longer getting investors, and then you see them suddenly jumped on their feet and then start surging in price, bitcoin has serious thought me lots of things as regards this and I think all it just need is patient.

We usually give up on this coin because we have a time frame that has been tied to them and we expect so much from them within that time frame, but we need to give them time for development. Ethereum and other coins are still developing and they have not gotten so much adoption that we need to always sustain a high price for them.
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Topic
Board Speculation (Altcoins)
Re: Xrp Price low what Reasons?
by
guoyu78
on 05/09/2019, 16:27:49 UTC
FIRST, Ethereum is overhyped and I think that they are living in fake volume which is why we are not seeing their value from but rather keep declining, secondly, they also finding it keeping up with the competitors that we have in the market, I guess they never knew they could get competitors this early, but the strong competitors they have been seeing are giving them so much though time.

The worst of their competitor is even yet to come, by the time that Facebook coins is being released, I bet that ripple will go to the lowest bottom of the coinmarketcap. You may just be looking for reason why they are going low and you will never really get because ripple as a project itself is not a very good one, they are just using hype to grow and we have seen the negative effect of hype.
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Board Gambling discussion
Re: FIBA Basketball World Cup 2019
by
guoyu78
on 05/09/2019, 15:08:48 UTC
Nobody expected Turkey to lose but at the same time nobody really took fatigue into consideration. I mean Turkey played against USA one of the most run and gun teams out there and they had to play with them for over 45 minutes, that is a lot of time  to play against these teams, just to give an example Ersan Ilyasova who is a veteran in NBA right now and a great player had a wonderful game against USA and finished with 23 points and 14 rebounds. Dude ended the Chezch game with 0/9 shooting from the floor with only 6 points coming from free throws that's it.

Furkan and Cedi had 40 points combined of the 76 points Turkey had but they failed to bring in any other player into the game, I think it was mostly Furkan and Cedi scoring that much causing the team to lose actually, if the team could play a well all around team play instead of relying on talented players ISOing than they could have won but nobody gave effort on neither offense nor defense because they were super tired.
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Topic
Board Gambling discussion
Re: What withdrawal fee do you consider as fair in gambling sites?
by
guoyu78
on 05/09/2019, 12:37:25 UTC
What is wrong is one desiring a free withdrawal fee and how that affect gambling business does. Are you aware that this people make a hell of money from gamblers or do you know what it means to constantly loose to a casino site? I want to believe you have never lost if you have, you will understand where the upper poster is coming from.

Basically, I would support any kind of fee, I would prefer there is no fee at all or very minimal. The most annoying ones are the fixed fees. This one to me is wrong, I think leaving players to options is more preferable.
I want to throw a simple question to you and I hope you may find time to give me an answer. Do you think there is anything wrong with walking into a supermarket to demand for free products, just because you believe they make so much? Also would you ask a bank no to remove debit charges because they make money? Of course no, so why do you think those who want free withdrawal aren’t greedy? It could be little and not fixed or if at all a fixed amount, it should be very small but free is definitely not possible since it is a business and a lot is spent on running s nice casino site.

All I care about is for the fee to be fair enough and considerable because I understand that there are still expenses done on the side of the casinos.
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Topic
Board Gambling discussion
Re: China Urges Philippines to Ban All Online Gambling!
by
guoyu78
on 05/09/2019, 11:49:41 UTC
Whatever reasons the Chinese government have, I feel it's still not their call to make. An outside government has no business with how the other government runs his country.
What the Chinese government has to do is to caution his own citizens.
And I feel the Chinese government is being too rigid to their citizens especially on the issue of gambling. This is why most of them migrate to other countries where there will be lesser power control.
I feel it depends on the relationship with two countries but at the same time, it’s difficult to make a decision for a country and I personally think chine should come down a bit with their strict gambling policy.

Their citizens love and enjoy gambling and most of them just do it to get themselves entertained. The government’s rigidity towards gambling gas not changed the citizens in any way because aside relocating to other countries; a lot of them still find other alternative means to gamble. In my opinion, It will be better the Philippines ignores their threat and so whatever they feel suitable and also I wish the Chinese would someday come to realize that forcing people against their decision isn’t a perfect way to correct a wrong doing.
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Topic
Board Gambling discussion
Re: What You Should Know Before Playing A Crypto Betting Game
by
guoyu78
on 05/09/2019, 06:37:54 UTC
It is better to trust people who are often playing gambling in the gambling site than to trust from the reviews because they can use fake reviews to make their site looks legit. Using small amounts for deposit will be better too if you want to check on how good the site so you can feel safe when you continue playing the games. But don't forget always to take care of your money and never use big money to play because playing gambling can risk all the money you have and you have a chance to lose all the money.
It is now very rare to get gamblers that play with big money because a lot of players have had very sad experiences by committing money into gambling. I am gambling on Bivest and despite the fact it is a well-known and very reputable site, I still can’t play with big money, the reason is simple. In gambling, you cannot trust any site and also cannot anyone at all.

I have long stopped believing in site review and this was after my experience with one new site that had very great reviews and it ended up a scam site. It baffles me really and I would always wonder if those reviews were real or made to believe.
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Topic
Board Speculation
Re: Who Else is Expecting the Ultimate Rise of Bitcoin?
by
guoyu78
on 04/09/2019, 18:36:57 UTC
15K is not a level we should be aiming right now, we have been going under 10k too many times in a row and I am afraid that it will happen again and when the next time it happens it may fall down way below 9 thousand as well and that is not something we can handle right now.

We should totally focus on moving beyond 10 thousand and staying there, we already moved beyond 10 thousand but we are still fragile, maybe going over 12 thousand and staying there for some weeks would be better, not the best but at least better. After that we can actually rally up to 14 thousand and if we can manage to stay around 14 thousand (a bit over or a bit lower doesn't matter) than we can try to go over 15, but until we fix this under 10 thousand all the time issue we can't even think about 15 thousand yet.