This is a story about an exchange
It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.
Everyone else is fucked.
Discuss
Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins. If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions. With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government? the fact is that the exchanges cant have all the nodes because they would have to be voted in by the people. Gawd your Fkn stupid. The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people. If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split. There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness. Dude, if that happens they could just get kicked off the delegate list and a new person gets a chance. Fucking turd. They will kick themselves off? with nodes costing like $50 I think anyone can afford to become one. You're just worrying about absolutely nothing and trying to cause a scene also for no real reason. Or your reason is fucking greed. |
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This is a story about an exchange
It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.
Everyone else is fucked.
Discuss
Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins. If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions. With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government? the fact is that the exchanges cant have all the nodes because they would have to be voted in by the people. Gawd your Fkn stupid. The exchange would have enough of the money supply to control all the delegates. They wouldn't need votes from the people. If they control delegates proportional to their holdings, that's one thing. But with delegates, they don't even need a majority if the rest of the vote is split. There is nothing in the protocol to prevent full control by a minority holder. No other blockchain security system has this sort of weakness. Dude, if that happens they could just get kicked off the delegate list and a new person gets a chance. Fucking turd. |
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This is a story about an exchange
It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.
Everyone else is fucked.
Discuss
Exchanges do not use any of the current crypto wallets with funds to vote or to stake coins. If they do this, it would not be considered an exhange anymore and could be liable for huge legal repercussions. With all due respect, relying on an exchange to obey the laws of some arbitrary jurisdiction is a pretty weak argument. What if they operate in Somalia where there is no functional government? the fact is that the exchanges cant have all the nodes because they would have to be voted in by the people. Gawd your Fkn stupid. |
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This is a story about an exchange
It has 33% of all lisk. It has 101 votes. It votes for 101 of it's 1 lisk wallets.
Everyone else is fucked.
Discuss
You're retarded. Discuss that. |
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42 more BTC and we'll hit 3500 BTC donated. doing pretty good. I bet early on it would be 2500 BTC at the end but shit, I was way wrong. Lots of interest in this coin. The guy who said 5000 BTC looks like he might be right lol.
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How much time it takes to confirm the deposit?
whenever your btc transfer has its first confirmation |
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Just grabbed a few in time for the 5%  3200BTC+ raised already!  Let's see how many people will be in time for the 5% bonus! If someone describe a clear reason for participating in this ICO and a small comparing between lisk & ETH & BTC will be nice for newbie like me because many think lisk will overtake the other two (ETH&BTC) then i will participate even as low as 0 % a whole 0%!?! do you promise? |
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How much will 60% XCR payments own in Lisk % ?
Currently a little bit more than 15% (and falling slowly). See post #2744 on page 138. I'm too lazy to post all that on every page... Even if everybody jumps ship from Crypti to Lisk on the very last day of the ICO, the total % of Crypti involvement will be well under 25%. And be sure to read my links in the post above on why Lisk is NOT a "Crypti Bailout". Lisk looks 100% like "Crypti Platform", and ICO sounds a "Crypti Bailout", then it must be... just top 7 accounts (( even excluding"Crypti Foundation Reserve Account")) own more then 40% https://cryptichain.lisk.io/topAccounts so the blockchain is lier or lisk collected xcrs a lie  wow first post? at least create a a few buffer posts so someone takes you seriously before you start FUD. |
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well obviously it's not February 21st. And I think most people can tell that is just a picture. Duh. |
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Anyone interested in buying a Lisk ICO account with 1 BTC?
I purchased during 10% period, but I'll settle for less than that.
I believe in Lisk for long term, but I must admit that I didn't read throughly before investing and I'd like to have my BTC in hand for trading.
lol just ask them for a refund turd There are no refunds. Unless he traded XCR equivalent to 1BTC. He would then be eligible to a refund of his XCR. oh well i guess lol |
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Anyone interested in buying a Lisk ICO account with 1 BTC?
I purchased during 10% period, but I'll settle for less than that.
I believe in Lisk for long term, but I must admit that I didn't read throughly before investing and I'd like to have my BTC in hand for trading.
lol just ask them for a refund turd |
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https://docs.google.com/spreadsheets/d/102y7i8_79Zfuzgo4oy99EDZwbQc8lR8W-LAC0vj8RlE/edit#gid=0In the first year it's 15.77%, so the Lisk community has to grow about 16% to maintain the same prices. At a 2M marketcap that's about $877 a day. That's really peanuts, in comparison Ethereum currently creates about $400,000 of new Ether every day. Bitcoin about $1,500,000. And remember, they are mining based. That means people need to sell the Ether/BTC in order to pay for their energy costs. At Lisk however the LISK don't need to be sold right away. In fact if the community sees that a delegate is always selling all his LISK they will remove the votes from him. Because running a LISK delegate is so cheap ($5 a month), the delegates should pay themselves a part and use the remaining funds for promotion, for the Lisk users, for the faucet and so on. Also the inflation is not happening over night. Your "45%" are happening over 1825 days! That's a crazy huge number of days for the blockchain space. ** I hope my calculations are all correct. It's getting late here. But why 16% inflation in the first year? Why not a lower value? What problem does a 16% inflation solve? Can we vote to change inflation from 16% to 5% ? I think Devs can still change it before end of ICO. stop being greedy |
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How many coins will get for 0.2
Thanks
around 4000 lisk I think at this time. |
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really, each delegate would only get like 150k in the first year if they were pumping it out the whole time and decreasing with time. I'm sure there are many who have purchased more than 5 years of lisk earnings already.
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What exactly are you doing with the crypti? I see, that after IPO you will own about half of it?
So you have a strong force on the price of it.
Tell us:
Will you dump all crypti and let it die?
or will you horde it and let it skyrocket?
I feel scammed, if I give you crypti for peanuts and you let it skyrocket and also if I keep them and you let it die by dumping...
Nobody put a gun to your head and told you to buy crypti. Your feelings of scam are most likely called regret and scape goat. |
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BTC investors are NOT bailing out XCR bag holders in this ICO!
THERE IS NOT A ONE-FOR-ONE EXCHANGE OF CRYPTI XCR FOR LISK.
XCR members joining Lisk are getting their donations capped at the fair market value (at Poloniex, for example) of 1300 satoshi per XCR. You can see that by going to the "How many Lisk will I get for my XCR" spreadsheet link in my other post above. At present, the number is 0.274 Lisk will be issued for every Crypti XCR donated, and that number continues to drop as more BTC shows up. A Lisk is currently worth 4759 Satoshi. If you trade in ONE Crypti XCR, you currently get 0.274 Lisk and your new Lisk holding is worth 0.274 * 4759 = 1300 satoshi (with minor roundoff error).
Now look at the "How many Lisk will I get for my BTC" spreadsheet. If you trade in ONE Bitcoin, you currently get 21,100 Lisk and your new Lisk holding is worth 21,100 * 4759 = 100,000,000 satoshi (with minor roundoff error), which is exactly 1 BTC.
As noted in my post above, so far there have been 773 BTC worth of XCR donated to Lisk at the fixed fair market rate of 1300 satoshi and 2900 actual BTC donated at the adjustable fair market rate of 4759 satoshi per Lisk and rising. The 773 BTC donated by Crypti holders is the fair market value of all the currently existing Version 0.5.5 sidechain / dapp software that Lisk will use at launch. The Version 0.5.5 sidechain / dapp software used to launch Lisk is NOT VAPORWARE and its use does not come to the new BTC donors for free. Utilization of that software as a starting point is currently priced fairly at 773 BTC. The BTC donations of 2900+ will be used as a cash development fund to IMPROVE THIS CODE BASE and create Lisk Version 0.5.6 and beyond.
To summarize, the value of XCR donations are are capped at 1300 satoshi per coin; the value of BTC donations are continuously adjusted upward to get the current Lisk satoshi value (currently 4759 and rising). That capped vs. continuous adjustment factor is what keeps the XCR folks from being "bailed out" by the BTC donors!
XCR donators have created a solid sidechain / dapp code base foundation and the new BTC donators are providing funding to improve it. XCR and BTC donors are not opponents here. We are all members of the new Lisk team!
Hiya, I was under the impression that the exchanged XCRs would be converted into BTC with the rate of 1300 sat and then Lisk would be distributed based on the number of BTC invested. For ex: If someone donates 1 million XCR, it would amount to 13 BTC and so the person would get Lisk worth 13 BTC. Yeah, only BTC and coins converted with shapeshift are eligible I think. |
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can i fund my exchange i iniciated on the 22 februar without transfering coins to it?
will i get the bonus regarding 22 februar?
thanks for help.
BTC Bonuses are allocated based on the BTC transaction time, not the time an exchange was started. Question regarding bonuses: I made a BTC deposit 20 minutes before 10% dropped to 5% and the first confirmation showed before the deadline, but the third (and final) confirmation did not happen until 5 minutes after the change over. Regarding bonuses, is the timestamp of the 1st confirmation sufficient? Please clarify, thanks. you're screwed. Might want to give up on crypto, too much pain in that much loss. Haha, yea not that big of a deal but 5 % could go a long way... Any clarification from someone who actually know the fact? =) they said that as long as the first confirmation is within time you should get the bonus in a previous post. |
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can i fund my exchange i iniciated on the 22 februar without transfering coins to it?
will i get the bonus regarding 22 februar?
thanks for help.
BTC Bonuses are allocated based on the BTC transaction time, not the time an exchange was started. Question regarding bonuses: I made a BTC deposit 20 minutes before 10% dropped to 5% and the first confirmation showed before the deadline, but the third (and final) confirmation did not happen until 5 minutes after the change over. Regarding bonuses, is the timestamp of the 1st confirmation sufficient? Please clarify, thanks. you're screwed. Might want to give up on crypto, too much pain in that much loss. |
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Does anyone else think it's a good move to work with BaaS service providers like Azure? I'm not sure exactly how to go about it, maybe they would be a central node like Lisk's personal node and you could use it for who knows what with your accounts or something.
IOTA, ETH and EMERCOIN all partner with Azure
yea, azure is picking up anything with even a twinkle of possible success. IE. throw shit against the wall and see what sticks. |
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Lisk ICO almost finished. One week left...i think.
bout 11 days |
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