Bitcoin Forum

A lot of people jumped in on Lisk because they missed out on Ethereum's crowdfunding.  I don't think Lisk will rise like Ethereum did...  Unless they get a banking consortium to use their network. 

Just wondering what you guys think about the project...  I think it's better technically in some aspects but I can see it being a disappointment marketcap-wise.

It also has competition with Expanse.

Kinda hard to say. You never know what will happen between now and mid April. Also Doesn't have to do as well as ethereum to be a success.

What's the point of using expanse when it uses the same exact tech as ethereum. At least with lisk it's completely different. I kinda consider expanse as like a test chain/coin for ethereum.

I don't know anything about the coin but there do seem to be a lot of threads popping up about it.  That's a great way to pump the coin and it's how I found out about eth.  What's it's symbol?  Is it traded on all the exchanges?  I have only my phone and it's a bitch to search with it.

when developers who know javascript choose to use Lisk over whatever ethereum's new language is, ethereum bagholders might be disappointed.  Lisk may have some better ideas for scaling as well.  given that nothing developed on ethereum thus far has any usage whatsoever, we're not even out of the starting gate with these dapp platforms. so far the internet has been the best dapp platform (Bittorrent, Tor, Bitcoin, OpenBazaar).  also, banks are not using ethereum, a bunch of banks are testing blockchain technology, which includes ethereum. but no banks will use ethereum when it becomes common knowledge that ethereum can't scale and the "research problem" of sharding and whatever else they're doing turns out to violate the cap theorem.

ever wonder why they sold tokens, paid for a marketing team, spammed pumpy emails, hyped hyped hyped and hyped some more long before having their finished product? because they know they can't do it. that's why they're leaving the impossible parts of ethereum's vision for ethereum 4.0 or whatever stupid name they have for it.  i even own some ethereum, but i'll be dumping those bags before the shit hits the fan.

^given, watch your back as bitcoin is going to experience real growth at this point. Just saying.

The devs surely aren't disappointed with the money party. Instant millionaires no matter what happens from now on thanks to all of you!

Vitalik Buterin has a strong following in crypto and so does Nick Szabo who fully supports Ethereum.  The Crypti people behind Lisk don't or maybe not as strong even if they did...

Depends on how many developers and adventurous companies they can successfully approach. Alternatively if they can hit mayor Chinese exchanges then they don't need any adoption, but everybody will be happy with the exchange rates :).

I got a feeling that LISK price will drop as soon as it hits an exchange. Too many holders, not many buyers (it seems). I may be wrong but it just seems like everyone who wants LISK has got some. So where's the buyers?

A major Chinese exchange?  That's very doubtful at this point.  But I hope it could be listed on Polo and Kraken...  And totally avoid Bittrex.

The buyers will come when this shit gets dumped immediately on exchanges.
Then it maybe will take a while but I'm sure you will see at least one major pump.And then again a dump. ;D

Pretty sensible post. This space is so new and Ethereum, for all the brilliance behind it, is not a given. I think LISK, using Javascript as you mentioned, is just too obvious. It can really just sneak up on Ethereum in my opinion. Who knows, maybe that 1000 BTC block of buys was from Vitalik himself, to try to keep the price down post launch.  ;D
But seriously, LISK has a great chance and with all those Javascript devs out there, the sky is really the limit.

If there are any brilliant ideas out there, they can be written quickly and relatively cheaply in Javascript. Really, the limits are whatever the coders or visionaries see them to be.

is this a new coin. are new coins being developed on a daily basis. what is the prime difference between all these different coins, how could i understand all these things in detail. i would like to learn all the different aspects of all these different coins. how do i know abt the new coin. is there any website to learn abt all these new developments

From technical point of view, Lisk took some things from Bitshares, some from Crypti. There is no innovation in copying, but they can polish these things and win hearts of millions average Joes. Good marketing and good management is needed for that. Not sure about management but, as the ICO showed, Lisk team is good in marketing, so I would bet more on Lisk being a winner than a loser.

Lisk will be a disappointment if you didn't get in on ICO

I'm actually hoping, somewhat, that Lisk's early trading will be like Factom's: a go-nowhere coin for several months, all the while with an ecosystem that's growing roughly but rapidly. And then,...

I hope so too...  But the main takeaway here is Lisk's crowdfunding is a success due to the fact that a lot of people missed Ethereum's ICO (which months later is worth 10 - 11 USD), hoping to follow to profit massively like the ETH holders did.  But historically in cryptocurrencies, people have bagholded dormant "copy-project-technically-better" coins so much that I wouldn't be surprised if Lisk follows the same path of dormancy.  

But we'll see, I'm open to it and hoping it would be a success as well...  It's just Ethereum has first mover advantage and is on it's way to establish itself as the go-to platform for smart contracts.

That's as it should be. I invested in LISK - however if they can't entice more investment (buyers) with actual achievements then we are all set to lose some money. Seem's fair enough. Everyone who wants something and will pay the same as everyone else should have a chance to get some during an ICO phase.

I mean if Lisk really can't provide anything to entice new money (buyers) to the project given they now have millions to work with then that is how it is.  You shouldn't be put off because distribution is broad and fair.

Ico projects need to create something that people want. If they can't they die. It's not mean to be a ponzi scheme that only the first few make money from.

Although their ICO was not that long compared to some, they advertised it very well. If they don't waste the funds or run then I think they could create something very good and should have a big community behind them. Fingers crossed.

I guess it comes down to how good their team is.  I read their website and it doesn't really say much except most of them worked on Crypti (which really didn't go anywhere big), and one worked with NXT (which isn't going anywhere right now despite their dev working left and right with new features).

Ethereum's "crowd funding" happened in 2014.

Is it a currency that has a solid chance at mass adoption ?
Nope.
So it's doomed to failure.

You all love to forget that your not the only greedy ones..
No matter how many times i remind you you sort of tune me out.

Reality check guys.. you may be potentially making 1 BTC profit.
But the guys who orchestrate scammy pyramid coins and bigger Pump groups or misc Whales.
..have immense reserves to manipulate the markets at their will.

They have power and control the game and make the rules and can take your money when ever they want.

Now the obligatory retort i will here next is..
But but but.. my coin is legit (the dev's are not evil)

Uhmm problem girls.. that has nothing to do with it. (even if true)

Well what coin do you all think the big guys go after ?
What ever coin is popular with the 1 BTC profiteers.
You are all walking right into their web.. again.

I have a feeling that once Lisk is on exchanges it will drop hard then like 6 months later it will have a huge pump =S

Say hello troll

The bitcoin is going no where at present.

At time of ETH or BTc no one can actully know that the prices will reach the hype of today so from a little experience i have in trading of alt and BTC , the only factor depend on how many holders of the coin and what price they will accept selling it for .
we all remember the time of COMMS & ITC in the past coins distributed free and make much noises

Their previous projects don't really inspire confidence but I guess Lisk could be where they get it right. As a principle it seems interesting, but so did xcr and so did nxt. Interesting times in crypto recently, that's all I can say.

It's pretty much a scam.

Thank you CfB you always have a clear vision of things here.

... And the marketing is copied from ETH....

Don't agree with this..Lisk has his own marketing and they also use good comparative strategy with ETH.

I heard and read about it and I believe it is not scam.
But people jumped on board too fast and want to jump off too fast. So it is scary to invest.

Can someone tell me real percentage of successful As? Probably you will find out while investigate, that 90%
of them are clear scams. And this cannot be called investment,more like madness . You have more chance to
 earn money If you gamble!

True enough. As I'm sure you know, Lisk is branding itself as a "smart contract platform for the million" - i.e., for JavaScript techies. Its potential competitive advantage is: "With Lisk, you have far less of a learning curve than you do with Ethereum. You can get started with Dapps more easily and more quickly with Lisk than with Ethereum."

And that's what it comes down to: haulin' in the Javascripters and hope enough of them get excite enough to build a robust and lush system of Lisk Dapps.

They have a lot of money from the ICO, enough so that they can take a leaf from Factom and set up real-world use cases that show what Lisk DApps can do in the ordinary bricks-and-mortar world. In the Lisk thread, I suggested the devs buy a sub-$100,000 "fixer upper" house in an area where houses are cheap but high-speed Internet is available - and then renovate it into a "Smart House" powered by Lisk Dapps. Happily, a fixer-upper is not only cheaper than the comparable but also better for a demo project - because it would have to be rewired & renovated anyway to make the basic services more organized as well as to add the Raspberry Pis that would monitor the Smart House for the Dapps.

(Admittedly, I have no idea how to proceed with such a project beyond workday electrical writing; with all the other chores, I have neither talent nor experience.)

This "bricks and mortar" path is one where there's been zero moving in the Ethereum world. So if Lisk can pull this off, it really will be the first mover in this area.

and that is why people are pumping shitcoins all day long, just trying to get some action.

totally troll!

Most of those crowdfunding ICO turn out to be a failure though. Is not just Lisk but WAVES, RISE and most probably Dlisk as well.
None even the dev can stop the users from dumping. I guess if they limit how much users/IP can buy, they might be able to. Dumping is a real business.

"Lisk during the ICO at 18k. Today LSK at 42k"  8) Still... And I hope that is just the beginning.

Maybe in some months.