Bitcoin Forum

Lisk founders raised the deep red flags today.  


US investors are the majority here.   Needless to say, not legally so.

It is more than evident that this scheme was created to make money from unfinished products by issuing an ICO. In this case, it is extremely brazen as they don't even have their own product. It is vaporware. They clone Crypti, which was nothing but a similar scam.

I have contacted the US authorities.

Lisk founders raised the deep red flags today.  


US investors are the majority here.   Needless to say, not legally so.

It is more than evident that this scheme was created to make money from unfinished products by issuing an ICO. In this case, it is extremely brazen as they don't even have their own product. It is vaporware. They clone Crypti, which was nothing but a similar scam.

I have contacted the US authorities.

Wait, first is LISK being hyped very much by everyone.
Now it seems everyone is dumping the coin. What has happend?

Lisk founders raised the deep red flags today.  


US investors are the majority here.   Needless to say, not legally so.

It is more than evident that this scheme was created to make money from unfinished products by issuing an ICO. In this case, it is extremely brazen as they don't even have their own product. It is vaporware. They clone Crypti, which was nothing but a similar scam.

I have contacted the US authorities.

They ARE part of the old Crypti Devteam, and the Lisk code has evolved in a huge way with postgresql and other enhancements. You're not a test-net participant, so obviously you have no idea what you're talking about.
...and where did you get the idea Lisk is illegal in USA?
It's pretty hard not to laugh at these statements you've made because it's obvious you're incredibly clueless.

I have contacted the US authorities.

You have contacted the US authorities ... nice !
Or did you missed the ICO ;)

Nobody cared about the existence of Crypti on Poloniex.  It had a buy side of like 10 BTC.  So Crypti holds a second IPO and renames itself to LISK and it's supposed to have value now?  What kind of retarded logic do you people subscribe to?  All these IPOs from Ethereum to LISK to "stackcoin" are just scams.

People, start spending time on more productive tasks.

didn't moneroman get outed for being bluemeanie1? I'm sure I remember he had a sockpuppet malfunction and outed himself as being bluemeanie. It was a while ago now, back when BM was harassing cobaltsky ... moneromeanie88 must have had some treatment

Yes. And BlueMeanie is a famous scammer (http://cointelegraph.com/news/the-mystery-of-the-missing-1000000-nxt) who has a habit to call every coin an illegal hype and contact such authorities as Batman, Darkwing Duck and Teenage Mutant Ninja Turtles.

Yeah!  great point Minecache!

The main dev behind Lisk/Crypti is Big Vern, and he is nowhere to be found!

This MUST be why Lisk is not launching!

Big Vern stole all Lisk ICO monies!!!

Crypti Victims!

Stand up and be heard!

http://www.financemagnates.com/cryptocurrency/news/cryptsy-victims-lawyer-calls-big-vern-come-hiding/

Nobody cared about the existence of Crypti on Poloniex.  It had a buy side of like 10 BTC.  So Crypti holds a second IPO and renames itself to LISK and it's supposed to have value now?  What kind of retarded logic do you people subscribe to?  All these IPOs from Ethereum to LISK to "stackcoin" are just scams.

didn't moneroman get outed for being bluemeanie1? I'm sure I remember he had a sockpuppet malfunction and outed himself as being bluemeanie. It was a while ago now, back when BM was harassing cobaltsky ... moneromeanie88 must have had some treatment

Nobody cared about the existence of Crypti on Poloniex.  It had a buy side of like 10 BTC.  So Crypti holds a second IPO and renames itself to LISK and it's supposed to have value now?  What kind of retarded logic do you people subscribe to?  All these IPOs from Ethereum to LISK to "stackcoin" are just scams.

Lisk was a pretty crazy hype train investors will make money so they wont complain it is a scam.
It will prob die off some months after release though

Lisk was a pretty crazy hype train investors will make money so they wont complain it is a scam.
It will prob die off some months after release though

Why would anybody buy a consequent amount of anything else than bitcoin or ether ? The rest are pump n dump shitcoins  ::)

Fuck you man!

If you missed the train it's not devs fault

wake up earlier next time

Look, another shill trying to convince himself that he didn't waste his money buying this shitcoin during the ICO.

Look, another shill trying to convince himself that he didn't waste his money buying this shitcoin during the ICO.

Very interesting! Can you post a link/reference to the proof please? :o

I've been waiting for LISK to appear on major exchanges cause I missed the ICO, and now this TS says it's a scam, but there's too little information to make such strong accusations. Where's the TS, please, provide more info if you got it

It's an IPO / ICO coin so what more proof do you need ?

Come on guys yoru going to have to smarten up.

And to the guy saying as long he profits off of it he is happy.
Then i say congrats on your Pyramid scheme profits and i hope your proud of yourself.
Me ? I'd be embarrassed saying dumb shit like that.

This is a shit show of greedy idiocy and i am soooo glad i cashed out.
It would be great if all your greedy idiot profiteers would quit crypto & get the fuck out.
Your all a cancer to Crypto and provide no useful benefit being involved.
At least i can take solace in the fact that your all mostly idiots.
So you will of course end up getting burned. enjoy ..Karma's a bitch  :D

The appropriate authorities have been notified and are pursuing the matter.

Thank you for your attention.

Haha, Joshua, noone believes you anymore. But, please, keep posting, your posts are funny.

Why do you know that his first name is Joshua? :D

I'll see if I can find something. from memory it was around the time when BCX was threatening to destroy monero, so I think his sock malfunction was in one of those threads. I think he posted  a moneroman reply using his bluemeanie account by mistake, and someone quoted him before he could delete it. Someone else might remember too

Bluemeanie's sockpuppet  ???  :o

I found this (I'd forgotten that it was TaunSew aka UtopianFuture who busted moneroman88)

MoneroMan is not BM. His post was meant to deceive you guys into thinking that. MoneroMan is a shill, but he isn't BM's shill.

I think MoneroMan is Come-from-Above

this is wrong, Moneroman88 belongs to me


~CfA~

Then explain how you managed to mimick BlueMeanie with 100% match?  :D

I am neither Joshua Zeidner nor an anonymous agent from eastern europe.

LISK HOLDS THE FOLLOWING ADVANTAGES OVER ETHERIUM:

Javascript language simplicity vs Solidity language complexity
Like I said ... easy to write a Javascript compiler to Ethereum bytecode  
Let me know when it's done...or even started.  Even if an Ethereum JavaScript compiler  existed, Solidity is still an unstable language - why paste a compiler on top of it?

100,000+ JavaScript programmers vs. few Solidity programmers
The above argument eliminates this so called advantage of lisk
The above argument is vaporware.  JavaScript programmers can start coding Lisk dapps right now.

Single hash generated  vs. trillions of valid but discarded hashes generated to secure blockchain in one blocktime
Makes no sense at all
I've explained this several times.  Churning out trillions of wasted hashes means lots of wasted electricity - like literally a nuclear powerplant's worth for Bitcoin - and is an ever-growing financial overhead that will ultimately kill the coin.

Cooperative, efficient blockchain generation vs. competitive, wasteful blockchain generation
looks like the same as above
No, it's the key reason Lisk can run on a $9 CHIP computer and Ethereum can't.  Economies of scale hugely favor Lisk over BTC/ETH.

Stable roundtable clockwork forging vs. unsustainable, exponentially growing free-for-all mining
Forging is no different than mining ... just different ways to make the currency
It is so sad to see people that don't understand enough math to get why exponential growth is unsustainable, or why a stable system is different and better from an unstable one.

Dapps on individual sidechains vs. dapps on bloated mainchain
Ethereum dapps are also sidechains .. lol .. you seem to be uninformed
The Ethereum Guide says its dapps are deployed on the mainchain ( https://gavofyork.gitbooks.io/turboethereum/content/dapps_deployment.html (https://gavofyork.gitbooks.io/turboethereum/content/dapps_deployment.html) ).  Practically, in Ethereum dapps are just specialized "contracts".  There's my showdown cards in this poker hand - what's your counter-reference to prove what you are saying about Ethereum sidechains?  Prove to me that each dapp in Ethereum has its own separate blockchain as they do in Lisk.

Min of 2-4 to max of 101 cheap $35 Pi2 / $9 CHIP microcomputers needed for each sidechain backbone vs. large, unlimited numbers of expensive GPU systems needed for mainchain backbone
The GPU rings will not be used once POS for eth sets in
So...PoS for ETH is vaporware, got it.  How can you know that Eth PoS will run on microcomputers like Lisk does if ETH PoS finally shows up?  What happens to all those sad little GPU miners whose income stream will be cut off?

Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required
Ah ... What can possibly be the use of the beloved LISK then ...
What part of "free" vs. "paying for ETH gas" is so hard to understand?  Free is better.  Lisk is still the exchange coin of choice within the dapp itself.

Difference between Lisk Forging and Ethereum Mining

With Lisk, generating a new block for the blockchain is called "forging" (in the "blacksmith" instead of the "counterfeiter" sense of that term), not mining.  Mining is a Bitcoin / Etherium term that refers to competitive generation of thousands of millions of billions of useless hashes looking for a string of leading zeros in the hash that is a "lucky ticket" declaring a particular miner to be the winner of a reward.  Forging is a cooperative  generation of one and only one necessary hash to secure the Lisk blockchain, for which you are paid a set fee when it's your turn to do it.  During the first year a Lisk forger makes 5 Lisk per block forged, which happens like clockwork about once every 17 minutes, for a total of 150K Lisk in the first year.

In a pure PoS system, the richest coin holders that set up a forging node get most of the rewards from running those nodes.  With DPoS, anybody can set up a forging node no matter how much or how little of the coin they hold, as long as they pay (for Lisk) a 100 coin start fee.   Under DPoS, a poor coin holder / node runner gets the same rewards as a rich coin holder / node runner.  Thus there is incentive for poor coin holders to run a good node to increase their coin holdings.  Since there's a lot more poor coin holders than rich ones, the pool of potential node runners is much bigger.  This is a Good Thing.

Lisk generating only one hash per blocktime is one of its huge advantages over Bitcoin and Ethereum and their huge waste of resources.  

Lisk is literally trillions of times more efficient in CPU cycles per block generated compared to Bitcoin or Ethereum.  This is why Lisk can use really cheap computers, while Bitcoin and Ethereum are trapped forever to use a hugely expensive, wasteful and unneeded overhead infrastructure - all those warehouses full of mining rigs, whether ASIC or GPU based.

Now THAT'S stupid - and most Bitcoin and Ethereum people have no idea just how stupid it is.  

Lisk Coin Inflation Is Much Lower Than Ethereum Coin Inflation

https://i.imgur.com/YCSIJIJ.jpg

For this very reason, it will be foolish to sell any Lisk before this inevitable Lisk DAO crowdsale, which may be announced sooner than we think, since @LiskHQ is pretty much confirming it here.

Some ETH ICO participants are using same ETH they bought at $0.30 to buy 100 DAO tokens, while some of you are buying 100 DAO for $10 (current price of 1 ETH)

History will repeat itself, some Lisk ICO participants will be using same Lisk they bought for $0.10 to buy Lisk DAO tokens, while most people will be buying them for $5 to $10 to $20...

I am neither Joshua Zeidner nor an anonymous agent from eastern europe.