I've forgot to download my key pair in txt file. But I got my adress, public key and passphrase. Do I need this txt or it is just a backup with the same info which I already have?
thats all you need. By the way active or passive?
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if just one of the big wales are a chinese exchange...we will se a really big price increase...really big..like 100x i bet on this!
Yeah maybe so. Who the hell pays you for posting this?
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This concept will hurt lisk like bitshares... staking (or similar) is helping, because it supports the network. Many people are participating. But this delegate thing is cheesy. The poorer ones are getting poorer and can't do anything against it...
just as much as you fud is doing Any argument as well? Maybe I didn't understand it right?
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except one difference. supply check supply of bitshares and you will see why it went that way,, 2+BILLION coins? big dif from the amount lisk will have available it wont go as high as ether due to supply, but it wont be as bad as bts IMO we will c are you serious? Supply doesn't say anything. its just a shifted comma...
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It is pity that there is no mining. Many people don't like PoS coins. LISK looks like NEM, NXT, Bitshares, Qora and etc with its flaws. I hope with that big ICO money LISK team can successfully defend own baby from oblivion. Good luck!
Actually there is forging (mining) beeing a delegate is a very serious buisness , can someone please do the math (daily /monthly/yearly forging Lisk per delegate ? Our Spreadsheet master maybe would be very nice. I don't know who this "spreadsheet master" is you're talkin' about, but until he shows up, here's some numbers to think about... Lisk blocktime is every 10 seconds Your turn as a delegate to forge a block and get a reward comes every 101*10 = 1010 seconds There's 60*60= 3600 seconds in an hour, so one delegate gets no more than 3600 / 1010 = 3.56 blocks (and rewards) in an hour There's 24*3600 = 86,400 seconds in a day, so one delegate gets no more than 86,400 / 1010 = 85.54 blocks (and rewards) in a day There's 30*86,400 = 2,592,000 seconds in a month, so one delegate gets no more than 2,592,000 / 1010 = 2,566.33 blocks (and rewards) in a month There's 365*86,400 = 31,536,000 seconds in a year, so one delegate gets no more than 31,536,000 / 1010 = 31,233.76 blocks (and rewards) in a year Year One rewards are 5 Lisk per block forged. Year Two rewards are 4 Lisk per block forged. Year Three, 3 Lisk. Year Four, 2 Lisk. Year Five and onward, 1 Lisk. Maximum Year One forging rewards for one delegate is thus 31,233 * 5 = 156,165 Lisk. The actual number will be somewhat lower. it's not the same standard mining is actually fine, if they can add it later by a fork or whatever if possible, it would be great, this must be done with a gpu algo, asic resistant
Mining is evil and will never be a part of Lisk - ASIC, GPU or otherwise. Who needs to generate trillions of useless hashes to look for a winning lottery ticket when you've got a perfect system that only needs one hash per block? This concept will hurt lisk like bitshares... staking (or similar) is helping, because it supports the network. Many people are participating. But this delegate thing is cheesy. The poorer ones are getting poorer and can't do anything against it...
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I demand more FUD!.
the price will drop, because they all think it will skyrocket and noobs having no idea, that they are going to lose money in the end. But the question on the table is, "drop from what?" The initial trading price on an exchange is not the same as the final ICO price. It might be lower, true, but it also might be considerably higher. Case in point: Ethereum. Its final ICO price - I checked - was 1'000 ETH per BTC, or a BTC price of 0.001. Did it start trading at that price? If I recall correctly, it started trading at well above 0.001. This is the right answer. That doesn't really count, because there was noone really buying for that price... The ICO participants couldn't just get their coins on the exchange to dump them directly ...
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Why would we need passphrases ... arent the generated keys enough?
Whit the passhprase you can access to your wallet . do you smell that smell? sniff sniff...yes it's it...the smell of people that won't access their lisk wallet because they've lost the passphrase Yes I think a lot of people will complain because they will not be able to access to the wallet and most important spend their 'coins'. you mean dump as soon as they are in a plus of 5%... Someone will dump instantly , others will not be able to access their Lisk(s) and they will start to complain... and finally others will hold and wait a x5 - x10. wich will take a looong time probably. every early momentum is already taken out in this hype ico... I think the wallet will be released in 1-2 weeks after the end of the ICO. so? For the real opportunity we have to wait longer, I guess...
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Why would we need passphrases ... arent the generated keys enough?
Whit the passhprase you can access to your wallet . do you smell that smell? sniff sniff...yes it's it...the smell of people that won't access their lisk wallet because they've lost the passphrase Yes I think a lot of people will complain because they will not be able to access to the wallet and most important spend their 'coins'. you mean dump as soon as they are in a plus of 5%... Someone will dump instantly , others will not be able to access their Lisk(s) and they will start to complain... and finally others will hold and wait a x5 - x10. wich will take a looong time probably. every early momentum is already taken out in this hype ico...
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Why would we need passphrases ... arent the generated keys enough?
Whit the passhprase you can access to your wallet . do you smell that smell? sniff sniff...yes it's it...the smell of people that won't access their lisk wallet because they've lost the passphrase Yes I think a lot of people will complain because they will not be able to access to the wallet and most important spend their 'coins'. you mean dump as soon as they are in a plus of 5%...
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Why would we need passphrases ... arent the generated keys enough?
Whit the passhprase you can access to your wallet . do you smell that smell? sniff sniff...yes it's it...the smell of people that won't access their lisk wallet because they've lost the passphrase it stands in the file...
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If the potential dumps below ICO value are systematically bought out from the weak hands the price could be maintained at least at ICO level. I am planning to buy those, should it happen.
I think your looking too low. 11k btc involved~ these whales will probably pump right out the gate. ICO will probably be the cheapest you will ever get these coins. Anyway, if these dumps happen below ico, im sure you and I wont be the first to scoop them up. Anyone know when lisk will hit exchanges? and which ones? stop hyping... you will get cheap coins after ico for sure
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I highly suggest the participants NOT to wait until last minutes, because bitcoin transactions can be postponed and then you are late...
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<----->
this will be the first exception, and who is the turd that will dump under his buy entry price, remember that the price of ico here remained the same for the whole ico time,
not like other coin, where the first bought at cheap price and the latter at higher price, so the first dumped on the latter
yeah, it'll probably be the first exception since it's not a clone coin. Oh wait... nice technique...
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ICO investors will be lucky to see 10% of their BTC just wait for it That would mean I could buy 5-6 million Lisk at the exchanges after launch, don't think that will happen. But I wouldn't be disappointed. Would you really wait with your 50 BTC until it drops there? ;-) But I think it could drop to 90% of the ICO price but not less... People here are maybe a little stupid, but not retarded...
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I'm ready for a dump by the way, remember Factom? Dropped down to 0.00018 and then went up to 0.0015... Buy order will be placed If you want to compare lisk with something, then with eth. Look at the volume of eth at the beginning. Everyone set a high price but noone bought it, because everyone had bought already at ICO. Thats why it could only go down to ICO price. Then people didn't want to sell any more. From there it could grow over time. Only very few coins were sold at those high prices at the beginning. It will be the same with lisk...
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FACT: The coin price of largest ICOs has dropped by 60% on average upon launch on exchanges.
Conclusion: Skip buying on Lisk ICO and buy cheap Lisk after it launches on exchanges in next 2 to 3 weeks
snip
this will be the first exception, and who is the turd that will dump under his buy entry price, remember that the price of ico here remained the same for the whole ico time, not like other coin, where the first bought at cheap price and the latter at higher price, so the first dumped on the latter
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No it wasnt i m not going to read 207 pages to find the answer.
You are dumb, plain and simple. Question answered Edit Oh wait, probably you dont even know that the ICO is escrowed. There is no "answer" like this. maybe a few arguments...
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He does not need to read all the 207 pages, it is enough just to use the search feature (board search or google search).
Indeed, there are many posts about this questions and many answers, too.
ahh really?
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Not sure why a rebranded Crypti gets 8k btc invested in, crypti has 500k marketcap, what makes people think forking it and changing the name will be the new ethereum?
there are 207 pages where this question have been made tons of time, start from the page 1 and you will find all the answer you need. Because come at page 207 and say that like you are the first wondering those thing is stupid. was the question really answered?
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Any prediction on what the lisk price will be after ICO? Probably won't be on time with Bitcoin in hand to buy in before its over. Stupid Coinbase It'll be not much higher than now probably. Maybe even a little cheaper...
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