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981  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 03:12:51 PM
Lisk is the fourth most funded project in the history and there's still 62 hours till the end of ICO.

Ripple: 72,289 BTC - 676,227 BTC Market Cap - 835% increase (8.25 btc)
Ethereum: 31,531 BTC - 2,462,284 BTC Market Cap - 7709% increase (77.09 btc)
Maidsafe: 12,200 BTC - 104,696 BTC Market Cap - 758% increase (7.58 btc)
Lisk: 7400 BTC + 65M XCR
Stellar: 7,228 BTC - 27,803 BTC Market Cap - 284% increase (2.84 btc)
Bitshares: 6829 BTC - 38,981 BTC Market Cap - 470% increase (4.7 btc)
Factom: 2287 BTC - 43,194 BTC Market Cap - 1788% increase (17.88 btc)

what is the XCR as a % of the total?
982  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 02:54:51 PM
Max says we continue the ICO for 64 hours as planned.
Btw I think you made an error, as first and great promoter and supporter of lisk it wasn't a good move change your path spreading "fud", alarming people about one guy that bought 1000+ btc and considering to end the ico @ 6000k btc, this move can only generate panic, if it's not said by a newbie account with one post.
You understand what I mean. It was something you should have done only privately with devs.
The ico rules can't be changed, and in fact dev didn't changed it even after your concern.
If there's some whale we can't say what's going to do, we know how they act yes, but if it let us notice its buy, it was because the whale want us to panic.
yes.
I admit to both making an error and panic.  Onward.

panic is the liquidity of crypto Smiley

no worries. on we march...
983  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 02:43:37 PM
anyone selling before the price hits $10 is krill.
984  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 02:39:46 PM
https://ico.lisk.io/presale.pdf

"11. Modifications to the Agreement."

- this is the sharp harpoon clause of the Agreement. Whales take note.

I have a modification proposal:
Every amount bigger than 100 BTC will not receive any coins, but the amount will still be considered as a funding. LOL ;-)
Where exactly stands, that this wouldn't be legit? (Although of course any lawyer would win against it...  Grin)

it should be limited to 50 BTC per natural person/ legal entity, with verified identity.



cmon... we are in crypto space. There are no identities...

Lol indeed, people will just get other people to create an account and still get whatever they want.

There is almost no way to avoid them from coming in.

The only way to counter is for more people to jump in, and for people to invest even more lol.


additional clause: Onename identity required to participate.
985  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 02:28:52 PM
https://ico.lisk.io/presale.pdf

"11. Modifications to the Agreement."

- this is the sharp harpoon clause of the Agreement. Whales take note.

I have a modification proposal:
Every amount bigger than 100 BTC will not receive any coins, but the amount will still be considered as a funding. LOL ;-)
Where exactly stands, that this wouldn't be legit? (Although of course any lawyer would win against it...  Grin)

it should be limited to 50 BTC per natural person/ legal entity, with verified identity.

986  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 02:19:21 PM
https://ico.lisk.io/presale.pdf

"11. Modifications to the Agreement."

- this is the sharp harpoon clause of the Agreement. Whales take note.
987  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 02:05:29 PM
Max says we continue the ICO for 64 hours as planned.
Btw I think you made an error, as first and great promoter and supporter of lisk it wasn't a good move change your path spreading "fud", alarming people about one guy that bought 1000+ btc and considering to end the ico @ 6000k btc, this move can only generate panic, if it's not said by a newbie account with one post.
You understand what I mean. It was something you should have done only privately with devs.
The ico rules can't be changed, and in fact dev didn't changed it even after your concern.
If there's some whale we can't say what's going to do, we know how they act yes, but if it let us notice its buy, it was because the whale want us to panic.

yes.
988  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 01:45:08 PM
changing the rules at the last moment of the ICO would've a serious impact on dev's credibility, so I think they won't do anything about whales investing btc more than what we saw lately. We are all taken by surprise here, and so they are.

well this whale just put all of us day one investors in a tizzy.  it's not every day someone invests almost a half a million dollars and gives everyone else a 10% haircut in their lisk total.

as i wrote earlier, if this becomes an impediment to the health of the project the ICO gets refunded under force majeure and a new ICO is issued by an incorporated entity with clear cap rules on funding.

I would suggest all investors must have a verified Onename identity. the 1k whale can fuck off.
989  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 01:22:44 PM
Just let them pump the hell out of it. In the end it is ALL PnD.

Lisk is NOT a pump and dump coin and it is worth fighting right here and right now to keep it that way.

once any coin hits the exchanges it's open season for the market to decide what happens to price. the price is a reflection of all variables, and whales are a well known variable factor in crypto trading.

If after the ICO closes on Monday things look difficult Max and Oliver could have a rethink. It can come under 'force majeure'. indentured servitude is a thing of the past.

I would suggest a full refund and a new ICO, issued by an incorporated entity this time, and with limits on individual contributions to the fund. the rules need to be better thought through imho.
990  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 01:12:25 PM
I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

the big problem with that is there is no incorporated entity, and therefore no memorandum and articles of association. there is no way to submit such a 'resolution'. there are no voting rules. The T&Cs of the ICO do not permit such a move. it would be illegal.

991  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 01:01:26 PM
which exchanges?

who is your CFO?

There are a few ones who expressed interest. Only C-cex announced their support in public. So either you need to contact the individual exchanges yourself or wait for an announcement from them.

Here you can see our current team, which will grow in the future. We don't have a CFO.


You've raised ALOT of funds allready, mind explaining how those are gonna be spent?
It's the least you can do to take away some of the concerns...

Hello,

I answered this several times already, however I can understand that it disappears in all these posts here. The funds will obviously be used for the development and promotion of Lisk.

https://bitcointalk.org/index.php?topic=1346646.msg14017335#msg14017335


a published budget would be polite.

Yes. However, I hope you understand that we have much more and urgent things to do right now. We will post transparency reports every month and a business plan + fund usage will also come. It just takes a lot of time to prepare, and right now it's impossible to prepare anything. There is just too much on our hands BEFORE the launch.

Thanks Max.

I do understand. It would have been better though to have incorporated before the ICO imho.

1. an incorporated entity asap
2. a division of CEO/ CFO roles asap
3. timely updates
4. watch the burn rate
5. stay healthy
6. enjoy it



992  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: March 18, 2016, 11:26:17 AM
TLDR: Kraken has been getting server attacked since the ETH pump, be cautious. Poloniex is highly suspicious, with trade bots and fake trading volume/book activity, as well as withdrawal problems and verification problems. Lots of fake IRC channel users to make ETH seem more popular than it is. ETH's PR manager has mysteriously lost her job with ETH after putting out a pump post on Twitter that she never delivered for. ETH devs are dumping on the markets, and the timing of this bubble is suspicious when they were only just recently complaining about the vitality of raising funds to fund ETH development.

who lost her job?
993  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 11:23:44 AM
@LiskHQ,


Not trying to FUD or anything, but some of the community concerns are legit.

You've raised ALOT of funds allready, mind explaining how those are gonna be spent?
It's the least you can do to take away some of the concerns...

a published budget would be polite.
994  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH GETTING DUMPED HARD!!!! on: March 18, 2016, 11:05:50 AM
getting dumped, off course, people that owner more than 100K eth dump , i will do the same if had such huge ammount ! fiat is fiat you can buy anything with fiat, with eth you can sell to everyone and get fresh fiat! Grin
das make any sense what i say?

"...you can buy anything with fiat..."

you can't buy the moon with ETH.
995  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 11:03:49 AM
How much time after the ico ends will delay the income of Lisk to an exchange?

Lisk will launch 1-3 weeks after the ICO. The exact time depends on a few variables, e.g. how many ICO participants didn't generate their passphrases yet. More details soon, we will heavily communicate this after the ICO ends. We will provide a validator this weekend, so that users can check they saved the correct passphrase.

Soon after that Lisk will be on the first exchanges. Wink

which exchanges?

who is your CFO?
996  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform on: March 18, 2016, 10:00:10 AM
Hey I'm Korean blogger. Do I get some lisk if i write about it? Tongue

your definite article needs work.
997  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH GETTING DUMPED HARD!!!! on: March 18, 2016, 09:48:03 AM
ETH < $10
998  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH GETTING DUMPED HARD!!!! on: March 17, 2016, 06:39:59 PM
if you buy now you could be forced to HOLD until Zug runs low on funds and needs to refinance with another pump.
999  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH GETTING DUMPED HARD!!!! on: March 17, 2016, 06:38:33 PM
This same scenario played out a few days ago, then price went right back up...why is everyone acting like this time is permanent?

The "dead Cat Bounce" effect Wink

Often coins get pumped then double pumped then left for dead for years.
..a head fake in football designed to sucker you LOL

And it works hahahha
You all fall for the same tricks over & over.. because your not too bright.

Most of the altcoin scene is a bunch little kids clutching Bitcoin they bought with Mommy & Daddy's money,
then they come here and rabble on about Doge is any minute going to exceed the Market Cap of Bitcoin.
And yes, oh YES i did see that all across the web posted LOTS ..even on sites that had nothing to do with Crypto.

Altcoins.. crying FUD for bucks $$$

Free market = parting gullible naive big mouth kids from their lunch money



does that child have a syndrome? if so i don't think the photo is appropriate.
1000  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: March 17, 2016, 06:28:30 PM
But you guys are forgetting the move to pos is scheduled for the end of year. When that happens inflation will more less 0

Switching to PoS simply means a change in security model to weaken ethereum as a tradeoff to eliminate PoW. The issuance and inflation may still be high -

In this case much higher inflation than bitcoin.

https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/

Quote
"Taking into account both creation of new ETH and loss of existing ETH, in the first year, this represents a monetary inflation rate of 22.4%.  In the second year the rate drops to 18.1%.  By the tenth year, the rate is 7.0%.  In year 38, it hits 1.9%. And in the 64th year, the level of 1.0% is reached."

In this case bitcoin will reach less than 1% inflation in 2021, and Ethereum will reach 1% after 2080 (iF it is still around).
The more complicated matter is people are investing in a coin where Vitalk hasn't even made up his mind concerning the future inflation rate* and may stay to the original plan or change it at the last moment. Such is the case with a centrally planned work in progress.

*This is a really troubling fact. It is quite insane that people are throwing money at an unfinished whitepaper where the variables of coin distribution and security/consensus algorithm have yet to be determined.

https://www.reddit.com/r/ethereum/comments/3evolq/how_many_ethers_are_going_to_be_created_in_the/

*yes, it is troubling. i'm considering organising a forum day trip to Zug. bring sandwiches and a nutcracker
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