And there it is:
DataYes + Factom Announce Collaboration
Immutable Stock Market Data Is Now Available To the World
Factom & DataYes are pleased to announce that together they have published onto the Factom blockchain pricing data for the 3,000 most valuable Chinese stocks. Program developers now have a powerful new tool for connecting their financial applications to the new world of blockchain technology.
This massive dataset of more than 10,000,000 records and growing, offers an amazing way for applications to verify and audit the world’s financial systems with more transparency and confidence than ever before.
“Some of the largest stock markets and the most valuable companies in the world are in China and so we believe it’s important to make their pricing data available to developers on a blockchain.” Said David Johnston, Chairman of the Board at Factom
“Today the exchanges send out the ‘mark to market’ price and we record them in blockchain as a two-step process. As Blockchain technology matures in the future, all transactions will be recorded on the blockchain, and the “mark to market” stock price as we know today will be evolved to ‘mark to blockchain’ naturally in one step.” Continued George Hu, General Manager at DataYes.
You can see the growing number of entries for DataYes the below chart.
(...) About DataYes DataYes is China’s first open and big data information platform, curating both structured and unstructured data from across the globe covering key economic metrics as well as industry, company, e-commerce, search and social media data. It is a treasure box full of raw materials for artificial intelligence and quantitative investment research. DataYes is China’s leading edge financial technology company founded by a group of experts in the fields of finance and internet technology. It is invested by Wanxiang Group, one of China’s largest non-state-owned conglomerate. DataYes’ headquarter is located in Shanghai Lujiazui Financial and Trade Zone, and has an office in Silicon Valley. For more information on DataYes, visit datayes.com. (...) https://www.factom.com/datayes-factom-announce-collaboration/RT: https://twitter.com/factom/status/763388834096812033 |
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Nice price action. Was M2 released?
It's because of an chinese article about a new partnership with http://www.datayes.com/en: http://www.mingin.com/btc/news/12984-1.htmlGoogle-Translator: Data Communications announced a partnership with Factom, 3000 Chinese share prices Immediate Release block chain
"As the United States block chain start-up companies Factom, he has received recognition and cooperation of the US National Security Agency. At the same time, is also very optimistic about the Asia-Pacific market, especially the Chinese market, it is learned, Factom companies and Communications data (DATAYES) released collaboration announcement for financial sector developers to provide a new financial tool to connect applications and block chain technology. China president Zhang Zeen Factom company said that for its implementation and development of the application of far-reaching significance of financial products.
It is reported that, Factom companies and Communications data (DATAYES) released collaboration announcement, the stock price data will China more than 3,000 of the most valuable real-time publishing on the block chain, as the financial sector developers to provide connection block chain and financial applications new tool technologies. Huge financial data and ever-expanding field of data collection, has more than 10 million records, and an amazing way to each application provides unprecedented transparency and reliability to help verify and audit the financial system of price data.
China president Zhang Zeen Factom company said that at present, many Chinese listed companies already have global leadership, the Chinese stock market to the global economy influential. Therefore, we firmly believe that these companies will price data available to developers worldwide chain block, which for its implementation and development of the application of far-reaching significance of financial products.
In this stage of the financial situation, data storage, data stored on the block chain is divided into two processes, first published by the exchange market and price changes, and then recorded on the block chain. With the block chain technology matures, the future price data will be recorded directly on the block chain, and ultimately formed by the mark-to-market system (Mark to Market) shift to mark the block chain system (Mark to Blockchain) of.
According to statistics, Data Communications is the first open platform for big data, big data brings together mainly in the areas overseas, finance, industry, business, electricity providers, search, and social media, in the field of artificial intelligence and quantify investment pole a professional. Communications data is initiated by the financial and high-tech experts, a domestic cutting-edge financial advisory and investment management services company Wanxiang Group established. Headquartered in Shanghai Lujiazui financial district, and has offices in Silicon Valley. For more information about Communications data can be accessed datayes.com official website.
Factom (ie fair pass) the company is at the forefront of technological innovation in the field of development of the block chain, government and enterprise application solutions can be provided by Factom, to more convenient and efficient to solve the problem of the integrity of reported data. Also, the block chain data layer which may be provided by the effective integration of traditional business information systems, by means of a mathematical algorithm verification encryption technology, has been resolved can not be tampered with data, and provide more transparent data information. The government and enterprises to create trust and transparency in the real world to open up a new continent.
About Factom (ie fair pass) Company can be accessed factom.com official website.
Source: block chain • pencil ChainB.com, if infringement please contact: mjlzy@mingin.cn." |
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And if a lot of those who participated in the ICO would pay with Heat-tokens for shares it's not that hard to figure out what will happen to the price if the team needs money - they would have to sell of course.
Company stock can't be purchased with HEAT tokens, just EUR. HEAT tokens earn options for shares - which means increased demand prior to the share release. Subsequent sales pressure after the options are used can't be estimated properly, but based on experience from traditional markets isn't expected to be significant. A lot of course depends on the rates HEAT is traded at, and the success of the IPO. The interdependence of these two is also hard to estimate, some fintech investors may discount crypto speculation games largely as they consider the value of the company is elsewhere. Unfortunately no NYSE yet in 2016  Ah, okay. I believed Heat-token also could be a payment for Shares. |
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DAO was a total fail, even before the hack. People were naive to believe it could trade above ICO-price and there was a lot of self-buying and so on.
Basically I agree with what you say, but Polo is not just important if it's about dumping ICO-coins. It's true that in the end it's always about the quality of a project, but some projects are more dependent on the market than others. I consider Heat as more dependent because they plan to do other Investment-rounds if I understand it correctly. Positive reactions on the market would bring more attention and more incentive to give them more money and Polo gives volume, attention and also some credibility because they have standards - even if they failed with TheDAO and also have a bag of shitcoins from the past.
Or the other way around if it should fall below ICO-price and get not that much attention. Potential Investors would most likely step back then. So it shouldn't be underestimated.
The second round will be in stock so wont be on Polo in any case. Also I dont know how many crypto investors also deal in stock trade. I know some crypto investors would be very much against investing in stocks. I dont think doing an ICO then an IPO has been attempted before so there is no real way of knowing which type of investors will be the main participants in the IPO. Of course it's about Crypto-Investors. Heat won't be a big topic on the NYSE. And any serious Investor also looks at market reactions. And if a lot of those who participated in the ICO would pay with Heat-tokens for shares it's not that hard to figure out what will happen to the price if the team needs money - they would have to sell of course. That's also something the market would anticipate. Everything else would be naive. But we will see. |
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Implicating Waves and Rise are crap because they're not on Polo isn't very sustainable in my opinion.
Implicating that I implicated that is not very sustainable in my opinion. |
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I dont understand why people are so obsessed with Polo. Personally I like Kraken better.
Polo does have a high trade volume but most is from a handful of coins, so getting on Polo is no guarantee that there would be significant HEAT trade.
I am not saying that getting on Polo would be a bad thing, but I dont think it should be the main goal for any and all coins.
The ICO's I watched the last months were: - Lisk - Rise - Waves - DAO DAO failed and is done, so we can exclude it. Lisk was added to Polo and never went below ICO-price and it was the only ICO I ever bought into. Rise and Waves were not added on Polo and if I'm right they are below ICO-price. Not sure what is cause and what is effect but not to get on Polo is never a good sign. But the DAO was on Polo and always traded under ICO price compared to ETH. I never really followed Waves and Rise as I decided I didnt want to invest in those, but I have seen claims that the devs of Waves did dump a large amount of coins which is never a good sign. I have also made huge gains on coins not on Polo. All I am saying is that there are a lot more to it than just getting on Polo. If HEAT gets succesful on other exchanges there is no reason why I couldnt be added to Polo later. I only see it as a problem if you want to dump the coins right after the ICO then Polo might be good. DAO was a total fail, even before the hack. People were naive to believe it could trade above ICO-price and there was a lot of self-buying and so on. Basically I agree with what you say, but Polo is not just important if it's about dumping ICO-coins. It's true that in the end it's always about the quality of a project, but some projects are more dependent on the market than others. I consider Heat as more dependent because they plan to do other Investment-rounds if I understand it correctly. Positive reactions on the market would bring more attention and more incentive to give them more money and Polo gives volume, attention and also some credibility because they have standards - even if they failed with TheDAO and also have a bag of shitcoins from the past. Or the other way around if it should fall below ICO-price and get not that much attention. Potential Investors would most likely step back then. So it shouldn't be underestimated. |
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I dont understand why people are so obsessed with Polo. Personally I like Kraken better.
Polo does have a high trade volume but most is from a handful of coins, so getting on Polo is no guarantee that there would be significant HEAT trade.
I am not saying that getting on Polo would be a bad thing, but I dont think it should be the main goal for any and all coins.
The ICO's I watched the last months were: - Lisk - Rise - Waves - DAO DAO failed and is done, so we can exclude it. Lisk was added to Polo and never went below ICO-price and it was the only ICO I ever bought into. Rise and Waves were not added on Polo and if I'm right they are below ICO-price. Not sure what is cause and what is effect but not to get on Polo is never a good sign. |
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leaning towards decentralized exchanges can be much more effective when your coin has a significant market cap and trading volume.
That's correct, so I'm not quite sure what's there that doesn't sound good, as I wrote: we acknowledge the market's needs.Poloniex listing will be worked towards.The essence comes down to that Heat Ledger Ltd is blockchain software business, not Poloniex speculative play. Yet we're well experienced about the various focus points important for the crypto audience. If Poloniex wants to list us for feasible conditions after negotiations continue in the weeks ahead, great! If they don't want to do that, fine, HEAT is primed for success anyway as our value is elsewhere than one single exchange. Way or another, we respect their right to choose who they do business with, a right they have to continuously exercise as everyone wants to hang out with the most popular. ...which brings up back to the exciting finale of the HEAT ICO speculation  Total value of reserved ICO:
1,589.30 BTC
BTC: 577.69 (stage 2 until 658 BTC)
ETH: 15,880.60 (stage 2 until 16,125 ETH)
FIMK: 252,891,021 (stage 4 until 319,000,000 FIMK)
NXT: 6,219,225 (stage 2 until 7,750,000 NXT)Price stage 3 imminently coming in for Eth. BTC not far behind, like NXT. Not sure if you mean money when you say "If Poloniex wants to list us for feasible conditions (...)", but they don't want that. These are their conditions: How can I get a coin listed on Poloniex?
You can submit your request using our Coin Request Form.
Poloniex reviews coin submissions and makes decisions based on several criteria. Where applicable, a coin must have:
A block explorer
A website
A unique genesis block
A compiled wallet
We also conduct a thorough code review before a coin is added on our exchange. In addition, we like to see evidence of the developers' dedication to the project, community interest, and above all else, innovation. If you feel your coin is truly innovative, we want to hear about it. Poloniex never requests payments to list coins.
If you are contacted by any party soliciting payments while claiming to represent Poloniex, please notify us at immediately.https://poloniex.freshdesk.com/support/solutions/articles/1000229325-how-can-i-get-a-coin-listed-on-poloniex- |
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Factom is a solid coin, will be top 10 in the near future. it was top 10 coin but the market is saturated, it couldn't be top 10 for a long time, maybe this time it can be more higher.
Great hint, from a brand new account user, right in the middle of a pump. It's not just a pump. There are news: It seems that there are news in china: Google translation: As the United States block chain start-up companies Factom, he has received recognition and cooperation of the US National Security Agency. At the same time, is also very optimistic about the Asia-Pacific market, especially the Chinese market, it is learned, Factom companies and Communications data (DATAYES) released collaboration announcement for financial sector developers to provide a new financial tool to connect applications and block chain technology. China president Zhang Zeen Factom company said that for its implementation and development of the application of far-reaching significance of financial products.
It is reported that, Factom companies and Communications data (DATAYES) released collaboration announcement, the stock price data will China more than 3,000 of the most valuable real-time publishing on the block chain, as the financial sector developers to provide connection block chain and financial applications new tool technologies. Huge financial data and ever-expanding field of data collection, has more than 10 million records, and an amazing way to each application provides unprecedented transparency and reliability to help verify and audit the financial system of price data.
(...)http://www.mingin.com/btc/news/12984-1.html |
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Very interesting indeed. So 17% company equity for $5,000,000? By my math, that sets company valuation at roughly $29,500,00. Assuming this is correct, I wonder who estimated Factom to be worth $29,500,000 and exactly how this value was derived?
Exactly it's (if I'm correct): €4,493,170 - 17% €26,430,411 - 100% Wow, just see that it's in Euro. Didn't recognize. So you are nearly right. In Dollar it would be $ 29.169.923 - if I didn't make a mistake. https://bnktothefuture.com/pitches/factom-series-aI can only guess/speculate how it's evaluated. Maybe they sit together with Bank of the Future and analyze all what's there and how much it could be worth. I doubt that it's possible to do it totally objective. I mean, how to evaluate the code for the system... But maybe bigger VC-Investors get deeper informations about how it was evaluated and they can decide if they agree or not - if not, they don't invest. It's also possible that they already got offers to sell the whole company and maybe there were offers in that range. I don't believe it because most likely there are not many who would be able to overtake Factom, but it's possible because it's not that rare that a team or sometimes just one person builds a start-up and sells it in the early days. But, please no misconceptions: I'm speaking about evaluations not that they really would sell the company. Hope they will never do that. Some months ago it was this: Blockchain Project Factom Raises $400k at $11 Million Valuationhttp://www.coindesk.com/blockchain-factom-400-funding-11-million-valuatoin/And I believe it's a very positive sign that it's value has nearly tripled since that. Even more if they give deeper infos to potential VC-Investors. The fact that the $4.5 Mio is nearly filled long before the deadline, could be seen as a sign that Investors agree that Factom is worth the $29 Mio and they see potential for more. They wouldn't buy if they wouldn't believe in it. In best case VC-Investors have some facts we don't know about yet. It's highly speculative, but if that should be the case it's about good news yet to come. If I'm wrong it's at least obvious that there are VC-Investors who believe in Factoms future. And why not. It may be a risk, but it could be great "bet". If I would be rich I also would try to get shares, not "just" Factoids - even if I think that Factoids are also a great Investment maybe even better. And what's also interesting: The value of Factom as company and the value of Factoids will be connected in future. Most likely never totally, but Factom's value (as a company) also will depend on how much the system will be used. Maybe they also sell applications they develop for companies but it would be basically the same. It would be (maybe already 'is') about customized applications for customers to use the system as effective as possible - for a specific use case. All together: A lot of good signs lately. Nothing that's totally safe yet, but I can't think of realistic bad scenarios while they are obviously wanted regarding VC-money, are awarded from DHS, etc. And I really like it to see that Peter Kirby speaks about land-title-registry in that way. I think we are now over 30M valuation. https://bnktothefuture.com/pitches/factom-series-a5 days remaining. I expect some nice marketing around this very soon. Factom team should be very proud. Yes, it all looks very good. But I would more like to see an official announcement about the china-news. I believe it's big, but not sure yet. |
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"No reason to take this personal"
This is bullshit. You have people attacking someone's identity, and then people will assert, "they shouldn't get so defensive". If this is an answer on my posts, you're mixing things up here. I speak only for myself and I have nobody else on my side. This is a ridiculous assertion. These are REAL PEOPLE'S LIVES. You can't just go around calling people "scammers". I have been following Bryce since 2013. He wasn't the "developer" of Bitland, and was brought on recently to help scale the entire project because of his expertise in the blockchain. 1. I did not use the word scammer. 2. Of course it's about real people lives. But it's also about real peoples real money. And if a project does an ICO it should be transparent and give informations without hiding important informations and answer on some questions. Bryce made an interview, claimed that it's impossible to buy >50% of the supply, no matter how much money, but even in the interview he refused to detail that out. And this ICO is without escrow and he also said that they already move and spend funds - before it has ended. Never seen that before tbh. The problem is, you have a bunch of assholes who are willing to research as far as the word "scam", but not willing to ACTUALLY research. It becomes very clear that one of the biggest problems Bryce encountered was SLANDER AND FUD.
And when you talk about "failure rate" of his projects, his success rate is MUCH higher than the average 92% failure rate of ALL start-ups. Take a look into my posts: I did not speak about a failure rate. Not sure who did. You say: "not willing to ACTUALLY research" But I've listed up some points that are in fact questions. Effectively, you have people in this thread spreading bullshit.
You claim you did "research" on Bitland and assert we were "hiding" Bryce as a developer, and that is complete bullshit, because you took 5 minutes to read an ANN thread and came to some ridiculous conclusion based on 5 minutes. Please be more precise. I did not say I did research. I've said this: "I've taken a quick look into the Bitland-threads" And no, it's not edited. But the point stays the same. Bitland did not say that he is a Dev for Bitland. And the "just helped us - story" is kind of old. And surprise, that was also said about this project in the other TAO-Thread: "Bryce helped us in developing the project to fruition and we appreciate his efforts and enthusiasm in bringing this project to the attention of his friends in the community." https://bitcointalk.org/index.php?topic=1543866.msg15550724#msg15550724...while he says in this thread: (...)
This is the first project that is truly my own (...)
If I'm really interested I always look around everywhere I find informations. But I usually start with the presentations of projects on BCT - where teams announce their projects and ask for money if it's about ICO's. And, tbh: I'm not sure why I should do research about you. Just because I've mentioned Bitland? It was Bryce himself who brought that up in his interview. I did not know that he is involved in Bitland. But if I would be invested in Bitland, of course, that would also be a question. |
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@tabali tigi: I've taken a quick look into the Bitland-threads. The question is also: If everything is fine, why hiding who is the developer of Bitland? (...) The Team The common theme is that the leading factor inhibiting long term and sustainable growth across multiple sectors in emerging countries is insecure land tenure. Ghana will have the first iteration of our operation, platform, and system. BitLand has a chance to change the game not just only Ghana, or Africa, but the world. Founder - Narigamba Mwinsuubo  CSO - L. Christopher Bates  COO - Elliot Hedman  Financial Advisor - Ryan Berry  Web Admin - Brock Hager  Advisor - Ronny Boesing  (...) (...)
The Team
The common theme is that the leading factor inhibiting long term and sustainable growth across multiple sectors in emerging countries is insecure land tenure. Ghana will have the first iteration of our operation, platform, and system. BitLand has a chance to change the game not just only Ghana, or Africa, but the world.
Narigamba Mwinsuubo, Founder/CEO BitLand
L. Christopher Bates, CTO BitLand
Elliot Hedman, COO BitLand
Brock Hager, Web Admin BitLand
Ryan Berry, FInancial Advisor BitLand
Philip Asare, Community Leader BitLand
Ronny Boesing, Founder/CEO CCEDK
(...)
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"Famous scammers" go to jail in the United States.
Stop being ridiculous with this nonsense.
If you have never accomplished, built, or done anything in your life, and you call Bryce a scammer, you're the worst kind of parasite.
The people that hide behind anonymity and slander people's names with the shout of "scammer", YOU are the ones preventing cryptocurrency from going mainstream.
YOU are the reason "real people" want nothing to do with crypto.
Stop "warning people" with all your bullshit, because at the end of the day you're nothing but shitty character assassins. If you lost money from DAO or Ethereum because you didn't do your due diligence and threw your money at a 19 year old coder, that is your fault for being stupid. If you have no ability to tell what is a "good project", and just judge based on the crowd, stop calling yourself an "investor", because you're nothing but a "gambler".
I get so sick of seeing this slanderous bullshit.
Chris
CSO
Bitland Global
See, I personally am very carefully with the word scammer. And there is no reason to take this personal but if the guys behind this want to do an ICO they also should be able to explain some things. And please ask yourself how this looks and please forget for some minutes that you are a friend/partner of B.W.: 1. ICO without escrow 2. ICO not even ended yet, but already spending money 3. The claim that it's "impossible" to buy > 50% of the supply, no matter how much money --> usually the case if the team (most likely including some backers) owns > 50% 4. It seems as if the initial plan was to do this anon: "During the boot- strapping phase these individ- uals wish to remain anonymous as to encourage community in- volvement in the development of the protocol as opposed
to establishing governance around personalities, as this has led to crisis in both Bitcoin and Ethereum."http://tao.network/InvestorsHandbook.pdfUntil post 8 in this thread with the question who is behind this there were just rumors. 5. Bryce Weiner says in this thread that this is his first own project, while the official account said this in the other thread after rumors about Weiner popped up: "Bryce helped us in developing the project to fruition and we appreciate his efforts and enthusiasm in bringing this project to the attention of his friends in the community."https://bitcointalk.org/index.php?topic=1543866.msg15550724#msg155507246. The whole design doesn't seem to fit to the high promises -- it's PoS plus x11 - and most likely a centralized chain (if they own >50%) 7. Nothing in the github: https://github.com/taoblockchain That is what somebody sees right now even if the name Bryce Weiner is new to him and without any prejudices. Or, let's say it this way: If you wouldn't be a friend/partner of him because of Bitland, but just a normal Investor. Why would you say this is a buy? You wouldn't be concerned about those points? |
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It seems that there are news in china: Google translation: As the United States block chain start-up companies Factom, he has received recognition and cooperation of the US National Security Agency. At the same time, is also very optimistic about the Asia-Pacific market, especially the Chinese market, it is learned, Factom companies and Communications data (DATAYES) released collaboration announcement for financial sector developers to provide a new financial tool to connect applications and block chain technology. China president Zhang Zeen Factom company said that for its implementation and development of the application of far-reaching significance of financial products.
It is reported that, Factom companies and Communications data (DATAYES) released collaboration announcement, the stock price data will China more than 3,000 of the most valuable real-time publishing on the block chain, as the financial sector developers to provide connection block chain and financial applications new tool technologies. Huge financial data and ever-expanding field of data collection, has more than 10 million records, and an amazing way to each application provides unprecedented transparency and reliability to help verify and audit the financial system of price data.
(...)http://www.mingin.com/btc/news/12984-1.htmlThanks for the update.. this deal is good for factom's future Yes, the more I find out about it the bigger it looks. Their partners and customers for example: http://www.datayes.com/en/customer |
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It seems that there are news in china: Google translation: As the United States block chain start-up companies Factom, he has received recognition and cooperation of the US National Security Agency. At the same time, is also very optimistic about the Asia-Pacific market, especially the Chinese market, it is learned, Factom companies and Communications data (DATAYES) released collaboration announcement for financial sector developers to provide a new financial tool to connect applications and block chain technology. China president Zhang Zeen Factom company said that for its implementation and development of the application of far-reaching significance of financial products.
It is reported that, Factom companies and Communications data (DATAYES) released collaboration announcement, the stock price data will China more than 3,000 of the most valuable real-time publishing on the block chain, as the financial sector developers to provide connection block chain and financial applications new tool technologies. Huge financial data and ever-expanding field of data collection, has more than 10 million records, and an amazing way to each application provides unprecedented transparency and reliability to help verify and audit the financial system of price data.
(...)http://www.mingin.com/btc/news/12984-1.html |
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This is also interesting: https://youtu.be/0dX18EZKiyk?t=1h9m40sBryce says, that TAO is basically PoS with a very tiny PoW. They talk about the security and immutability of the network and about the possibility that somebody could buy > 50% of TAO. And B.W. claims, that it's impossible to buy 51% of the network, no matter how much money - but that it would be "improper" to point that out. And, of course, usually it's impossible if a team, maybe plus friends, already own at least 51% of the total supply. And his interviewer asks him directly if he is speaking about self-buying - and Bryce doesn't answer, just smiles. Besides the fact that there is no escrow for this ICO and they already spend ICO-money, it's also not necessary to explain further what he is implying there. And it's even more interesting in the context of what he said before: "Selfbuying-shit-coin-pump-and-dump? The answer is no!"
https://youtu.be/0dX18EZKiyk?t=38m45sBut the answer seems to be "yes" if it's impossible to buy > 50% no matter of how much money. If this will already start as a centralized system it doesn't make any sense. It would be a total contradiction of it's purpose and what they claim what it's about and meant for. If somebody thinks about investing in this, he/she should think about all that before and maybe asks some questions. |
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Oof, another Weinercoin... Will be tough to invest given past track record of abandoning projects when setbacks were encountered.
Thanks for bringing this up! I've been involved in this industry for a few years now and my work as perceived on these forums rarely matches reality. What I can say beyond a doubt that every single project I have ever engaged in has been a free, open launch. Further, those efforts were engaged either as a paid contract, a startup, or implementing another's vision. This is the first project that is truly my own and I appreciate the opportunity to clear that up on these forums as I've mentioned it repeatedly in interviews and appearances. Exactly that will be interesting to watch. Everybody who is in Crypto since some time knows that it always was part of the game that you never really was responsible - and the list is long, right? And now you're already moving and spending funds before the ICO even has ended. That's ridiculous. But bashing Factom while they are an example for being correct with ICO-money. Until now they've not touched more than 1/3 of their ICO-money while working hard to meet their three Milestones (Because you are questioning that they've produced something: https://github.com/FactomProject/ or https://www.factom.com/blog/ ), but you're right: They don't work with the Nigerian government, at least not that I know of, but in Honduras - while you are also involved in Bitland. What did you say once? Nov 04 15:12:12 <%Cogburn> I make money from thin air. I don't need all that shit. Nov 04 15:12:21 <%Cogburn> I can just do it myself. (...) Nov 04 15:39:21 <%Cogburn> Still the cleanest, most ethical guy in crypto. Nov 04 15:39:24 <%Cogburn> Deal with it. http://pastebin.com/VGyVPHN4Not buying it ;-) |
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My opinion on Lisk, the team and the price is:
I figured that they are very good in marketing, very strategic and that's why I bought into the ICO. But I had the plan to sell right after launch because I wasn't too sure about the tech, about long-term-perspective. I saw it more as a hype and I wanted to make a quick buck tbh.
But: I watched this all and more and more they (the team, but also some out of the community) convinced me that this is a serious project with longterm-vision, that this is not just about hype without base. They do a lot to stabilize it on all fronts. That's nothing the majority recognizes but exactly that is a buy and will pay out if it's done accurate.
So, my plans changed over time. I did not dump. I sold some but I also buy back over time to get a good average-price. The rest is just a question of time.
With other words: The price is no indicator. Besides the fact that it's still above the ICO-price (and Lisk is the only ICO-projekt I know of the last time that never went below) Lisk really has a lot of chances for longterm. I believe that Lisk also will benefit from the weakness of Ethereum that becomes more and more obvious and not just because of ETC. ETC is not cause for a weakness, it is effect.
I really believe that Lisk can reach more than Ethereum, but just if they don't make the same mistakes and rush things out while the base is not totally stable. So, they do the right things.
Regarding the price my prediction is: Those who focus too much on it now and are concerned about it and sell, will buy back in. But higher of course.
well, you are at least right about the hype part. Just to avoid misconceptions here: I don't say the team hyped. They made and make thoughtful marketing and that is needed and not just for the price. It is needed to get the attention of App-Dev's. But there was a lot of hype in the community, a lot of very high hopes for short term - all the pics of lambos and screaming "moon" etc. And it's not correct to reduce Lisk on that (marketing and hype). Like I've said: They do a lot of base-work that the majority doesn't recognize yet. But I'm sure that it will pay out. If you believe this is just about hype you should sell if you hold Lisk. |
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