Eth is going up again. I am still not moving BTC (back) into ETH, as I am still expecting it to go down. But I must admit I didn't expect this (anymore) after the first big drop in value.
I would have wanted to
I am happy Bitcoin is no longer moving down when Etherium goes up. Does that mean Etherium is now more bought with fiat directly instead of with Bitcoin? Currently both coins go up, Etherium goes up faster than Bitcoin increases against the dollar, but Bitcoin is less volatile.
Something I've learned - Don't fight the trend. Now, if you believe in Ethereum (or any coin for that matter), just go long and close the books. I'm not sure what is going to happen in this space. I love Ethereum but also like LISK and some of the other techs coming - spread out your bets. This space is a little baby and it can run and make no sense. I'm not sure about that relationship you mention. I just can't imagine that when BTC breaks up (or down) out of this triangle that ETH won't do the opposite. Remember, as great as ETH is, BTC is already proven in real world transactions. We are not sure what ETH can do at this point. Good luck, IAS |
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i cant wait for trading day this will be very interesting. So we will not be able to get a real wallet and get our lisk until the 24th same day as trading starts.
Yeah me too! Waiting impatiently.  What? The wallet will be available the same day trading starts? That sounds a bit dangerous... how else would you expect peeps to trade their lisk? How would you expect to send the lisk to an exchange? I would imagine that there is some time for testing on different platforms. Have they mentioned on what platforms the wallets will be made available? But to answer your question, I would think we can send the LISK from our ICO wallets direct to exchanges. |
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i cant wait for trading day this will be very interesting. So we will not be able to get a real wallet and get our lisk until the 24th same day as trading starts.
Yeah me too! Waiting impatiently. What? The wallet will be available the same day trading starts? That sounds a bit dangerous... |
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why people are always comparing this to etheruem, etheruem is different has mining and pos after pow, this has nothing on that side, which is not that good imo, i would love a pow phase for this
They are actually similar in many ways. And in some of the ways they are not similar, many would argue that LISK has an advantage (not that the best wins mind you, but still.) https://forum.lisk.io/viewtopic.php?t=13 |
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Ah, was just thinking of the end of the ICO date, Waves will not be released till late Summer or later. Wallet not needed too soon. Thx |
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or people just want to change their BTC in ETH because they think ETH has the brighter future.
Ethereum might have more uses and power but if the supply is continually inflating, how can there be a good long term return? I mean it is possible but the adoption needed would need to be tremendous. Where as if BTC ONLY is a store of value and gets just a small % of the wealth it will be huge. I do think Ethereum is a promising tech but not having an end in sight regarding number of ETH is very alarming. |
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I hope we see a recession or depression within the United States economy to send more money into cryptocurrency. Cryptocurrency marketcap would skyrocket. Btw it is easier to hide your cryptocurrency profits from the irs as long as you keep what you don't want to pay taxes on away from banks, coinbase, circle, PayPal, etc. Localbitcoins for cash is your friend. Just don't sell more than $10,000 worth of btc for cash per transaction. More than $10,000 in cash must be reported to the irs if it occurs within the United States. Either way as the cryptocurrency world grows the irs won't be able to keep up. Cryptocurrency is very complicated to track especially if you keep fiat out of the banks or services tied to your legal name. Lisk will be a clean start since we will be issued LISK for participating in an ico "donation". Newly created form of value. It is ghost money until you send it to a service or bank tied to your legal name. Prepare for the new millionaires of cryptocurrency the Lisk community and it's early adopters!
What an incredibly selfish thing to say - hoping for a recession or depression to benefit from financially while the many suffer. And do you know if it happens soon, Crypto won't be ready and your plan can backfire? Also bad IRS advice. After the patriot act, they lowered the amount WAY down, think to $3,000. Its about sharing, not profiting while economies crash. That makes you just like the banksters. |
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Great great read and thanks for posting that! Really recommend others involved in BOTH LISK and Ethereum to have a look. Its about sharing |
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Tai Zen did 3 nice videos on Waves. He mentions some great advantages and Risks. Off the top of my head, the 2 (yeah, only 2) guys behind Waves (Which is based on the NXT platform - a good thing imo) are tech guys, zero marketing experience. So, the word needs to get out there (and they have the money to do so.) Worth watching. Not sure what the price will be but if they use a reasonable amount of BTC to market Waves, and if the platform does perform, they will probably do ok. What is Waves? https://www.youtube.com/watch?v=nA9vBAf8SwARisks of Waves. https://www.youtube.com/watch?v=phzzDIdJeDMAdvantages of Waves. https://www.youtube.com/watch?v=fzXDkVioKZQIts about sharing |
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LISK is no longer a copy of Crypti - so many changes have been made that make it differ.
With launch a comparison table/infographic will be posted by devs
For sure using a relatively proven Crypti as a base under LISK on which to build, really speeds up development. My first impression of LISK pushing back the release date was one of bad timing, as BTC is moving up and generally alts will go down. But that ICO BTC is not going to LISK until May 24th (and I'm not sure what the breakdown is at that point. The ICO ended on March 21st I believe and at that time BTC was at $411. That equated to roughly 6 or so million I think. (Not sure if the Crypti coins affect that number much.) Right now BTC is at $465, which is 13% higher. That is around $780,000 more. I get the feeling BTC is going to keep going up till the halvening (and beyond.) So, LISK is going to have substantially more money to play with. Remember, Ethereum didn't sell in time and it cost them (though they are more than fine now I heard.) My point is that the delay looks like it is going to help the LISK team. We will see what it does to the ICO holders. |
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Why does this thread have such a insane influx of new accounts .. is it all just one guy wtf is going on here?
Nearly 700 pages but 90% of it is complete garbage mostly posted by very new accounts made during or after ICO.
TBH - There are probably people getting paid in both directions but it is pretty easy to see all the new accounts that are talking crap and trying to bring uncertainty to LISK. Any competing coin can see LISK as a legitimate threat. The Crypti platform is a decent one to build on and on top of that to have Javascript to do what Ethereum is doing certainly has some on the Ethereum side a bit worried. (I like both btw.) Add to that that the BTC price is starting to skyrocket and LISK is not getting any of that ICO money until the coin goes public. I have a feeling they are going to have a lot more money in BTC a month from now. That is dangerous to competing coins. The space is so new, if you can't beat them, well, wear them out, bombard them with crap messages, etc. and will only affect LISK early on. Nothing new and the tech will speak for itself in time if it was and is being done properly. Its about sharing |
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There are 100 million LISK. If one LISK is worth $1 then all lisk are worth $100 million. I dont think that is a reasonable valuation.
Too simplistic a statement. IF, big IF, this area of Dapps takes off and using Javascript can somehow be a part of things, LISK will go places. It is a great idea, let's see how they create, package and execute things. |
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When I bought 1 Btc of Lisk during the ICO about four days before it ended I received 550 Lisk. I understand when purchasing them it said an estimate on the form, but I'm also sure it said approximately 1000 lisk although I cant be 100% certain. I cant deny that amount seems very low considering the global supply and costing me close to $1 per coin. I did contact them but was not particularly satisfied by their response. Why the estimate anyway. Can someone shed any light on that?
The estimate 4 days before the ICO ended was closer to 8,000 LISK or so. Then more BTC came in and that dropped down to 5,000 or so LISK. Anyway, for 1 BTC you should end up with around 5,000 or so LISK. Only the last day matters as the more BTC that came in made the supply dwindle. So, your statement sort of makes no sense. |
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Release date come soon : good :-).
When? Not before end of this month. In may? Possibly, only Oliver & Max know it. As mentioned before, might be good for LISK overall, but bad for the price as it really looks like BTC is starting it's halving run. |
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Today and a few weeks I will not suggest to buy, just wait a little, when the halving of bitcoin will be near there will be much less people in the other coins and everyone will be busy to buy bitcoin, so at that time Ethereum will reach to much less amount. Just see the near future will be about $1 per ethereum.
You don't subscribe to the theory, BTC rising will cause all boats, to rise to some degree as well? I don'T see how alts can keep up with BTC as far as the ratio between the two goes. Yeah, they might pump with BTC but I feel when all is said and done, these coins will be valued in USD (especially once you can send money to a big exchange and buy any alt, and that is coming due to coming regs imo.) There will be speculation on things like ETH, LISK and other promising cryptos but I would not go all in on a big BTC rise (well, watch and follow the trend might be safer.) That said, once the masses jump on board they might jump onto what they can get more of... IAS |
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Just wanted to give an update on the Stakebox. So far it has been performing flawlessly. And there really wasn't any setup, just catchup I turned the unit on and waited overnight for the blockchain to catchup. (The test coins I sent of course didn't appear till the blockchain was caught up.) I did a backup as suggested and sent the rest of my coins, followed by another backup. Within a day it had staked and in the next 4 days it staked a few more times. The interface on Stakebox is pretty straightforward. When the blockchain was catching up it was really slow, but after that it was ok. Pretty nice product and fun to take part in a staking system, so I suggest it to others. I think you can run a few other coins on the box at the same time. Its about sharing |
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[ I was just making the point that evaluating your altcoin investments using $ as a reference is kind of strange I usually trade using BTC as my reference: http://coinmarketcap.com/all/views/all/#BTCLet's say Lisk price goes from $1 to $1.75, wow, awesome gain! Oh wait, but what if BTC $ price doubled in this same time frame? Then we would actually be at a loss of BTC with our Lisk investment. This is why I don't use $ as my reference for altcoin investments. I think they should have really tried to stay on time with the coin going public. Pushing it back was done at a poor time as it was during a potential BTC up move, which we see happening. I hope BTC can go sideways till we are on the exchanges because if BTC pops, we will indeed be measured in $$$ as most coins go down via the BTC/alt ratio. |
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