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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
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on: May 26, 2016, 09:37:30 AM
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Bitmex is launching a LISK futures market!It was just confirmed by Arthur Hayes, their CEO, in a Telegram chat group for altcoin traders. The testnet is currently live: testnet.bitmex.com/app/trade/LSKXBT The market is for LSK/BTC 3.33x leveraged trading. Arthur says it will be live soon, and to expect it in the next couple days. Will they accept LSK as collateral or only BTC? Only bitcoin as collateral. Poloniex doesn't allow the shorting of Lisk yet, so at least now there is a way to hedge Lisk to USD... though it's a bit complicated since you have to short liskxbt, and then buy lisk on spot and xbtusd.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] The DAO available for pre-launch trading on OpenLedger
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on: May 12, 2016, 08:39:45 PM
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For those who don't understand what is going on, here is the incentive:
* They bought DAO in the first 14 days for the maximum bonus (2 days remaining to buy at this rate).
As the price continues for the next 10 days after that, it is a linear increase in price. For the final 4 days, it is 100 DAO for 1.5 ETH. Right now, DAO being available on openledger is pointless as you can buy directly from the source, easier and safer. However, in 2 days from now up until May 30th, they can undercut the current price because they bought their DAO for the cheapest rate.
The final 4 days when DAO price gives 33% less tokens, Openledger market could undercut by up to that much and be a better deal for late buyers, and Openledger can offload their 50 btc worth of ether for 1-32% profit.
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