It seems LSK might have a great weekend because of Brexit and being added to yuanbao!
that's the opposite
Brexit = BTC goes up = LISK will go down
Yuanbao = tiny chinese exchange = they will dump LISK like what happens in MAID
guys, don't listen to these trickers. They want to create HYPE so they can make profit like what happens in MAID. They trick us to buy then dump it hard
don't expect a real pump unless we see big release from LISK. Just patience and wait. DON'T LISTEN TO THESE GUYS
First: Yuanbao is not a really big exchange but it's also not that small. Back in December I saw that there is a lot of money on that exchange and what they did with the Factom-price. The volume on Poloniex exploded but it was even higher on Yuanbao.
Second: It's not possible to compare Lisk and Maid. I'm not speaking that much about the projects itself, but the situation on the market. Maid has a lot of resistance in the market because it was pumped really high and came back down. Now it's hard to find the way back up. Lisk is in another situation. It's very young and was very volatile since launch, with constantly high volume = a lot of distribution.
Third: Nobody can know how big Lisk's potential really is but what is safe to say: The team is very diligent and effective and Lisk is kind of a hype and gets a lot of attention. The launch on Yuanbao is combined with Max being in China and banging the drum for it.
Fourth: Dumping on any exchange is very often a reaction on Bitcoin lately. Lisk (and some others) would be much higher if Bitcoin would have been stayed where it was, at about $400. I believe there is some chance that Bitcoin will stabilize for some time which could give room for Lisk to go up. Yesterday was a very special day because of the BTC-dumping first, than Brexit and it went up again. It's unpredictable at the moment and that's just another reason why all markets act kind of irrational.
But: I believe that Lisks way is predictable for the next few weeks: UP. Reason is that there will most likely come quiet a lot. Max will be back from China, and I believe it's near to impossible that he won't have some good news. He already said on twitter that there will be a blog-post about it soon. High attention is safe for Lisk, the same is true for the volume. The price is not too low but also not too high and seems to find a base at about 50k-60k. It's no bad situation right now. A lot of up-potential.
He reeled out his finshing line and waited patiently. lol
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