OPT has been my best holding over the last 48 hours of turmoil. Probably due to the limited liquidity and market access, but still. I really think Opus is a sleeping unicorn. It's one of the few that really makes a lot of sense. If it gets off the ground and becomes successful...
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Lykke is probably one of the most solid coins on the market. But their market maker system in which they use their premine supply to ''keep the price stable'' has made it a really poor investment.
Eh, I disagree. Whilst Lykke doesn't have the 10,000% gains of some of the rubbish coins, it's priced appropriately and has had good solid base gains with good fundamentals. It's a solid investment in the sense that it's a solid team, solid concept, solid implementation, and solid business model.
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Liking the look of this project, there's been few that are "good ideas", but this seems promising and could fill a niche.
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1. Why have an ethereum ICO if this is a new blockchain and coin? How would people obtain their coins? 2. Why not allow regular mining to distribute the coins initially?
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I have updated my wallet today and now I am on version 8.8.3. Since then I am unable to withdraw bitcoin and getting Runtime error, code: 15 message everytime I am trying to withdraw bitcoin.
Can this please be fixed on urgent basis and new version of app released asap?
Try to log out, log in. If not, try log out, uninstall, reinstall, and log back in. See if it processes bitcoin withdrawal after the above
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I like: When will Lykke implement limit orders? Sergey Ivliev: Limit orders require pending execution, even if the client’s mobile is offline. This assumes that the client would send collateral to Lykke. Now that we have offchain settlement, it is possible to implement the sending of collateral with limit orders without any confirmation delays. We will implement limit orders by the end of September.
Other assets on Lykke
Do you have a timeline for adding XEM? Do you plan to support other mosaics for NEM as well? XEM is basically also just a mosaic on the NEM blockchain. Sergey Ivliev: Major crypto assets will be added by the end of the year.
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I really wish coinmarketcap would display the true market cap instead of the free float, it's very misleading since pretty much the entire crypto space uses that website
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There have been some delays recently, especially that the Limit Orders release takes longer than expected has lead to some disappointment, what is understandable of course. That is a reason why everybody is carefully with giving ETA's but the team is aware that also the web-based-terminal is eagerly awaited.
I'd rather they go slow and make sure everything is well tested before going live with either web or limit trading. That's the way to keep people happy and make the best product. Also I think those two will bring in a lot of new users which will be an added stress test.
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And once again the Lykke "algorithm" manipulates the price - try it if you don't believe me - try selling LKK buying $1000, then $10,000 USD - the more LKK you sell the worse the rate (you get less USD per LKK the more you sell). Now selling USD to buy 5,000 LKK, now try 10,000 LKK, now try 100,000 LKK - the more LKK you buy the better the rate you get (you get more LKK per USD the more USD you sell).
You can try this out on the app yourself, you can test out the order without finalising.
I'm quoting this so your ignorance on how exchange markets work is preserved for all to see. You've lost any credibility you had with this incredibly ignorant display. Please, read up on how exchanges work, how markets work, and read the previously provided link on Lykkes trading algorithm.
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I agree with your idea behind comparing Lykke to coinbase playingpoodles, however, there is a fundamental difference in the setup of the companies, and the future plans of the companies. Lykke's future prospects are much, much more interesting and potentially lucrative.
That said, yes, you could argue that it was overvalued, however, so is something like Tesla, or Amazon, or any number of tech companies. It's all about pricing in future expected growth and success. This is the risk some people take, if you don't want to, that's cool too.
What's bullshit though, is your speculation about XXX person(s) propping up the price. I have no idea whether that's true or false - and neither do you! Stop writing your thoughts down as if they're fact, it's your wild speculation. That's ironic, considering you're complaining about people speculating on price, when you're there spinning your own brand of bullshit.
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we have some issues with creditvouchers, the deposit is no longer working. they may have changed something on their site.
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Interesting project, has caught my eye. I'll have a look through the whitepaper.
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Interesting project, has caught my eye.
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What is the story with the faucet? 5200 claims required just to get a distribution? That's ridiculous. Who's doing 5000 google captchas?
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overbought and correcting down?
Such things are only knowable after the fact. It's impossible to say in the midst of price changes. You can try the same thing for stocks, but it also doesn't work. Is TSLA overbought and correcting down? some might say yes, some might say no. The point is, neither is "right" until about 6 months in the future when we can see the outcome in the real world.
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Nice whitepaper, but your roadmap at the end is a little vague, I'm taking that nothing is set in stone yet, but you've got Q2, Q3, and Q4 listed but the goals aren't linked to any quarters? Oversight in colour coding or just still not perfectly defined? ah, just had a look on the website, roadmap is fleshed out more here for anyone's info: https://tge.powerledger.io/#cd-timelineLooks good.
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Just did an eth purchase, very quick, completed withdrawal immediately
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Lykke is making up its own rules about market capitalisation and trying to apply them to the market. That's because Lykke isn't operating under the free market and so its valuation is bogus. It's coinmarketcap that's doing the calculation. It's not Lykke. It's spelt out above, it's spelt out on their websites. You can't be serious, I can only assume that you're trolling. You're literally refusing to read the sourced content which explains to you very clearly why it's coinmarketcap, and explains to you how and why coinmarketcap are doing what they're doing.
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kadscuk almost everything you're saying is just wild speculation and what you imagine other people are thinking. It's ridiculous.
Perhaps the simple reason is that coinmarketcap have a set way of doing things, they assess all coins with circulating supply (for whatever reason, that's their standard practice), perhaps Olsen simply agreed because it was their SOP and he didn't think it would matter because as everyone has said, you can just look up all the info on the Lykke website.
Your accusations that X is misleading, or X has backtracked is ridiculous because it was all transparent on the Lykke website from the get go. Anyone who read the info on the Lykke website, or read the whitepaper, or any of their documentation would understand that.
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