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ibrahim11
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June 18, 2016, 04:47:06 PM |
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Why lisk so low?
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Its About Sharing
Legendary
 Offline
Activity: 1442
Merit: 1000
Antifragile
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June 18, 2016, 04:48:34 PM |
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Why lisk so low?
Thank Ethereum |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Lisk-investor
Sr. Member
Offline
Activity: 335
Merit: 250
Lisk the future is bright!
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June 18, 2016, 04:54:48 PM |
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afraid to trade Lisk now.. dont like trading at the bottem always getting burnt.
still holding my coins bought at 120K sat.
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gogote
Newbie
Offline
Activity: 52
Merit: 0
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June 18, 2016, 04:55:11 PM |
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Hope Lisk didnt expect to take eth exemple in China ...
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bcmine
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June 18, 2016, 04:59:02 PM |
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Guys, lets put all our LSK together an lets buy an Lambo  i got alot from bounties and now I am having 560 LSK left. lets show some community afford, i know we can do it! its difficult time, so we can show what we are and can do  My Body Is Ready! |
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mtnsaa
Legendary
Offline
Activity: 1568
Merit: 1000
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June 18, 2016, 05:07:32 PM |
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If you compare yourself to Ethereum even if it is to distance yourself from you gonna get burned. I remember people saying Lisk was Android while ETH was iOS let's say. Well right now the whole mobile market (smart contracts, daos & dapps) is going down the drain...
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Lisk-investor
Sr. Member
Offline
Activity: 335
Merit: 250
Lisk the future is bright!
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June 18, 2016, 05:16:35 PM |
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poornamelessme
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June 18, 2016, 05:18:27 PM |
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afraid to trade Lisk now.. dont like trading at the bottem always getting burnt.
still holding my coins bought at 120K sat.
Doesn't make sense to sell now (unless someone really, really needed the btc), but it may make sense to buy, to lower the overall price for those who bought high. Of course determining where the bottom is, is the problem. |
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johnnywoo2015
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June 18, 2016, 05:20:53 PM |
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afraid to trade Lisk now.. dont like trading at the bottem always getting burnt.
still holding my coins bought at 120K sat.
Doesn't make sense to sell now (unless someone really, really needed the btc), but it may make sense to buy, to lower the overall price for those who bought high. Of course determining where the bottom is, is the problem. I don't like to say it... but the bottom will be 30k |
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LemonAndFriesOne
Legendary
Offline
Activity: 1050
Merit: 1000
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June 18, 2016, 05:23:27 PM |
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Apparently what the attacker did was just use a loophole in the smart contract of DAO/ETH. He legally obtained those ETH: http://pastebin.com/CcGUBgDG===== BEGIN SIGNED MESSAGE =====
To the DAO and the Ethereum community,
I have carefully examined the code of The DAO and decided to participate after finding the feature where splitting is rewarded with additional ether. I have made use of this feature and have rightfully claimed 3,641,694 ether, and would like to thank the DAO for this reward. It is my understanding that the DAO code contains this feature to promote decentralization and encourage the creation of "child DAOs".
I am disappointed by those who are characterizing the use of this intentional feature as "theft". I am making use of this explicitly coded feature as per the smart contract terms and my law firm has advised me that my action is fully compliant with United States criminal and tort law. For reference please review the terms of the DAO:
"The terms of The DAO Creation are set forth in the smart contract code existing on the Ethereum blockchain at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413. Nothing in this explanation of terms or in any other document or communication may modify or add any additional obligations or guarantees beyond those set forth in The DAO’s code. Any and all explanatory terms or descriptions are merely offered for educational purposes and do not supercede or modify the express terms of The DAO’s code set forth on the blockchain; to the extent you believe there to be any conflict or discrepancy between the descriptions offered here and the functionality of The DAO’s code at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413, The DAO’s code controls and sets forth all terms of The DAO Creation."
A soft or hard fork would amount to seizure of my legitimate and rightful ether, claimed legally through the terms of a smart contract. Such fork would permanently and irrevocably ruin all confidence in not only Ethereum but also the in the field of smart contracts and blockchain technology. Many large Ethereum holders will dump their ether, and developers, researchers, and companies will leave Ethereum. Make no mistake: any fork, soft or hard, will further damage Ethereum and destroy its reputation and appeal.
I reserve all rights to take any and all legal action against any accomplices of illegitimate theft, freezing, or seizure of my legitimate ether, and am actively working with my law firm. Those accomplices will be receiving Cease and Desist notices in the mail shortly.
I hope this event becomes an valuable learning experience for the Ethereum community and wish you all the best of luck.
Yours truly,
"The Attacker"
===== END SIGNED MESSAGE =====
Message Hash (Keccak): 0xaf9e302a664122389d17ee0fa4394d0c24c33236143c1f26faed97ebbd017d0e
Signature: 0x5f91152a2382b4acfdbfe8ad3c6c8cde45f73f6147d39b072c81637fe81006061603908f692dc 15a1b6ead217785cf5e07fb496708d129645f3370a28922136a32 |
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poornamelessme
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June 18, 2016, 05:26:09 PM |
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I don't like to say it... but the bottom will be 30k
Not a bad guess. It's not that terrible really ... still higher than ICO levels, and not so low as it can't get big and strong again reasonably fast. I sold a portion of my ICO coins earlier to cover my initial investment, but if it's 30ish, I'd probably just buy them all back... and some extra too. |
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bitbitch
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June 18, 2016, 05:27:28 PM |
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Effect of possible brexit (24th June referendum) on LISK (and cryptocurrencies in general). Your thoughts?
23rd June. |
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drent301
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June 18, 2016, 05:27:58 PM |
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I don't like to say it... but the bottom will be 30k [/quote] based on what grounds?  Please stop make this kind of statements based on nothing. |
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staticinstance
Member
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Activity: 83
Merit: 10
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June 18, 2016, 05:29:56 PM |
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bitbitch
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June 18, 2016, 05:32:03 PM |
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I don't like to say it... but the bottom will be 30k
based on what grounds? Please stop make this kind of statements based on nothing. [/quote] 30k? that's still profitable for me. i'm taking a free ride while the world panics. |
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poornamelessme
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June 18, 2016, 05:32:58 PM |
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based on what grounds? Please stop make this kind of statements based on nothing. Well, I wouldn't say it's based on nothing. Based on the whole DAO debacle and BTC rising, it's not a crazy prediction. That price level should be very temporary though, or I'd expect it to be. But who knows really.... price could be double by the end of the week. Nobody knows (besides maybe some whales). |
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poornamelessme
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June 18, 2016, 05:37:44 PM |
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30k? that's still profitable for me. i'm taking a free ride while the world panics.
That's how I look at it too. But it's easy to forget (for ICO people), that a lot of folks probably didn't get their Lisk at cheapo prices ... those who paid double or more current prices probably aren't so happy. Been there myself with other coins, so know it isn't fun. But if I paid a high price and it went down to 30K, I'd probably just buy enough coins to lower my initial buy-in price. Ex:someone paid 100K, buy same amount at 30K, my new break even price is now 65K. All depends on how much spare btc folks have though, and what their risk level meter is at. |
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jt0461
Newbie
Offline
Activity: 31
Merit: 0
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June 18, 2016, 05:50:43 PM |
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Someone must think lisk is cheap as 250k buy order was just made...
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blg42598
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June 18, 2016, 05:54:16 PM |
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Someone must think lisk is cheap as 250k buy order was just made...
It is cheap |
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Romanknickl
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June 18, 2016, 06:06:27 PM |
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Serioulsly Guys... many nervous people here... calm down! First sell at 5 us-dollar!!DAO=over! ETH=down! Waves= will be a huge panic sell! LISK= UP soon! all the competitors from LSK are damaged |
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