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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3073040 times)
MoveCrypto
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move that crypto


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December 23, 2016, 12:50:37 PM
 #34321

Many people like Lisk but they are afraid to buy.

because:
1)
big inflation in the first years.
https://docs.google.com/spreadsheets/d/102y7i8_79Zfuzgo4oy99EDZwbQc8lR8W-LAC0vj8RlE/edit#gid=0
First year     + 15 million new Lisk.
Second year + 12 million new Lisk
Third year    + 9,46 million new Lisk
Fourth year  + 6,3 million new Lisk
After that
Every year +3,15 million new Lisk  It will be endless.

It is very much for cryptocurrency!!!!

2)
Unlimited amount of coins.

For comparison
ETH
2016    87 million eth
5189   103 miilion eth max. limit

Ethereum Classic
new Monetary Policy
https://bitcoinmagazine.com/articles/ethereum-classic-forges-new-path-revamped-monetary-policy-could-be-next-1481656302

2016 87 millions ETC
2080 It plans to make the maximum limit 120-200 million etc.

Where is your source for 103M max ETH?

And the article you linked says 200M to 210M ETC by year 2070

With the current inflation schedule, Lisk will have around 267M by year 2070

MoveCrypto for Komodo Notary
https://komodoplatform.com/
breeze71
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December 23, 2016, 01:48:21 PM
Last edit: December 23, 2016, 02:06:09 PM by breeze71
 #34322

Quote
You saw the anual inflation rate of ZEC ? Or thr anual inflation rate of BTC in the years 2009-2012? Dont make your False assumptions please, inflation of lisk is just fine and will stimulate economy to invest and use instead of hoard. From an economic point of view it is superior to what ethereum decided to do.
False assumptions? LOL It's just your imagination and theory. In practice everything is different.
1) total emission BTC(21million limit) or ZEC (21million limit) or DASH (18million limit) less than a new Lisk over two years(27 milion new Lisk. 15+12).
2) btc, zec, dash requires less investment for the growth of the price than Lisk.
3) people are more responsive to growth rates of 1 to 2 usd or 10 to 15 usd, than 0.15 usd to 0.80 usd. It is human psychology.
4) low price will not attract javascript developers.
5) Spend 10,000usd for buy Lisk today but tomorrow this investment will turn into 3000usd + 200-300 new forged Lisk.
What's the point of this?
6) After the appearance on the stock exchanges, price falling at 0.00125 btc steadily since May. it is a fact. Inflation of lisk don't will stimulate economy to invest.  Your investors who didn't sell Lisk after ICO are losing money. New investors who bought Lisk after ICO at the 0.0012btc, 0.001btc, 0.0008btc, 0.006btc are lost almost all of its investments. Forging can not compensate for their loss. Market tells you that you are wrong!!!

Quote
With the current inflation schedule, Lisk will have around 267M by year 2070
It is very much for cryptocurrency. A lot of pressure, so the market will not sustain.

ZERGcoin is very bad. Not a good idea.

Need 120-130M limit and 100 000 - 500 000 tokens in year. 100 000 - 500 000 new Lisk in year and Lisk price more than 20usd it is better than 3,15 million new Lisk, lisk price less than 0.05 usd and unlimited amount of Lisk.

Lisk is a valuable and rare crystal that is hard to get, you want to make him a gravel.
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December 23, 2016, 02:26:40 PM
 #34323

Happy that I tripled my Lisk ammount since launch,
price can start to recover  Wink Grin
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December 23, 2016, 02:52:47 PM
 #34324

Quote
You saw the anual inflation rate of ZEC ? Or thr anual inflation rate of BTC in the years 2009-2012? Dont make your False assumptions please, inflation of lisk is just fine and will stimulate economy to invest and use instead of hoard. From an economic point of view it is superior to what ethereum decided to do.
False assumptions? LOL It's just your imagination and theory. In practice everything is different.
1) total emission BTC(21million limit) or ZEC (21million limit) or DASH (18million limit) less than a new Lisk over two years(27 milion new Lisk. 15+12).
2) btc, zec, dash requires less investment for the growth of the price than Lisk.
3) people are more responsive to growth rates of 1 to 2 usd or 10 to 15 usd, than 0.15 usd to 0.80 usd. It is human psychology.
4) low price will not attract javascript developers.
5) Spend 10,000usd for buy Lisk today but tomorrow this investment will turn into 3000usd + 200-300 new forged Lisk.
What's the point of this?
6) After the appearance on the stock exchanges, price falling at 0.00125 btc steadily since May. it is a fact. Inflation of lisk don't will stimulate economy to invest.  Your investors who didn't sell Lisk after ICO are losing money. New investors who bought Lisk after ICO at the 0.0012btc, 0.001btc, 0.0008btc, 0.006btc are lost almost all of its investments. Forging can not compensate for their loss. Market tells you that you are wrong!!!

Quote
With the current inflation schedule, Lisk will have around 267M by year 2070
It is very much for cryptocurrency. A lot of pressure, so the market will not sustain.

ZERGcoin is very bad. Not a good idea.

Need 120-130M limit and 100 000 - 500 000 tokens in year. 100 000 - 500 000 new Lisk in year and Lisk price more than 20usd it is better than 3,15 million new Lisk, lisk price less than 0.05 usd and unlimited amount of Lisk.

Lisk is a valuable and rare crystal that is hard to get, you want to make him a gravel.

Ahh good now i understand your point. Your are right regarding your point of view and i agree.

Nevertheless lets not forget lisk is a highly  flexible coin due to the delegate system , if in future it turns out that inflation is way to high we could reduce easily implement Halvings al la bitcoin.

Lets not argue arround the hot Pot here are some fact i am sure of:

- lisk foundation has 14.000 btc development fund
- Bitcoin goes up right now -> more money
- Bitcoin attention and massiv media coverage soon will attract a massiv flood of new investors into the crypto world
- Typically after a Bitcoin bullrun , an altcoin bullrun follows.

Lisk will certainly, i have no doubt, be in a very good position due to good daily trading volume , nice marketcap , undervalued marketprice .

I have no doubt that we cryptoguys will only win from this whole situation, so we are already winner Smiley lets habe a party guys.

I am just happen to be invested in Lisk because i see the most performance potential in this as of right now.


Cheers and have an awesome days. Because cryptocurrency is kickin ass.


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GinnaGinna
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1Ky4J71zErbR3J1BhDWPJ7F7wL1zGusPzW


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December 23, 2016, 03:13:31 PM
 #34325

Will be possible to port other altcoins to work on Lisk platform? ...

because we plan to migrate CV2 - ColosussCoin blockchain (https://bitcointalk.org/index.php?topic=941433.0)
on new Lisk sidechain once its possible and make some new services for CV2 ?

ColossusCoin2 [CV2] is listed: https://yobit.net/en/trade/CV2/BTC
ColossusCoin2 Dice: https://yobit.net/en/dice/CV2
nyanhtet
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December 23, 2016, 04:08:51 PM
 #34326

Will be possible to port other altcoins to work on Lisk platform? ...

because we plan to migrate CV2 - ColosussCoin blockchain (https://bitcointalk.org/index.php?topic=941433.0)
on new Lisk sidechain once its possible and make some new services for CV2 ?
Sure, It is important part of Lisk Goal. Read their Roadmap: https://blog.lisk.io/lisk-development-roadmap-5afc4cd0612e#.qffkmro9o

  Develop Custom Decentralized Blockchain Applications in JavaScript with LISK!         
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nyanhtet
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Bawga


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December 23, 2016, 04:21:35 PM
 #34327

Many people like Lisk but they are afraid to buy.

because:
1)
big inflation in the first years.
https://docs.google.com/spreadsheets/d/102y7i8_79Zfuzgo4oy99EDZwbQc8lR8W-LAC0vj8RlE/edit#gid=0
First year     + 15 million new Lisk.
Second year + 12 million new Lisk
Third year    + 9,46 million new Lisk
Fourth year  + 6,3 million new Lisk
After that
Every year +3,15 million new Lisk  It will be endless.

It is very much for cryptocurrency!!!!


2)
Unlimited amount of coins.


For comparison
ETH
2016    87 million eth
5189   103 miilion eth max. limit

Ethereum Classic
new Monetary Policy
https://bitcoinmagazine.com/articles/ethereum-classic-forges-new-path-revamped-monetary-policy-could-be-next-1481656302

2016 87 millions ETC
2080 It plans to make the maximum limit 120-200 million etc.




Why cannot Lisk change inflation rate after reach forging reward 1 LSK per block? It is easy. But I have a question that if bitcoin reach 21Million supply, Miners will still run their machines? Because their is no profit anymore. They shutdown their machine and consensus algorithm stop. Is it the dead end of the Bitcoin? Or Bitcoin unlimitted is born? 

  Develop Custom Decentralized Blockchain Applications in JavaScript with LISK!         
  Website | Blog | Reddit | Chat - Be part of the decentralized application movement!
  Lisk Delegate - Communitypool: 80% reward sharing delegate
Transparency Report
Anduril_FotW
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December 23, 2016, 04:47:25 PM
 #34328

How long till EURO parity ?

"The Blade that was Broken shines again!"
Boobies00
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December 23, 2016, 04:57:53 PM
 #34329

Many people like Lisk but they are afraid to buy.

because:
1)
big inflation in the first years.
https://docs.google.com/spreadsheets/d/102y7i8_79Zfuzgo4oy99EDZwbQc8lR8W-LAC0vj8RlE/edit#gid=0
First year     + 15 million new Lisk.
Second year + 12 million new Lisk
Third year    + 9,46 million new Lisk
Fourth year  + 6,3 million new Lisk
After that
Every year +3,15 million new Lisk  It will be endless.

It is very much for cryptocurrency!!!!


2)
Unlimited amount of coins.


For comparison
ETH
2016    87 million eth
5189   103 miilion eth max. limit

Ethereum Classic
new Monetary Policy
https://bitcoinmagazine.com/articles/ethereum-classic-forges-new-path-revamped-monetary-policy-could-be-next-1481656302

2016 87 millions ETC
2080 It plans to make the maximum limit 120-200 million etc.




Why cannot Lisk change inflation rate after reach forging reward 1 LSK per block? It is easy. But I have a question that if bitcoin reach 21Million supply, Miners will still run their machines? Because their is no profit anymore. They shutdown their machine and consensus algorithm stop. Is it the dead end of the Bitcoin? Or Bitcoin unlimitted is born? 

Bitcoin unlimited still has low rewards? Maybe they will have to switch to POS to keep it alive. This will be an interesting time indeed.
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December 23, 2016, 05:15:10 PM
 #34330


Lets not argue arround the hot Pot here are some fact i am sure of:

- lisk foundation has 14.000 btc development fund


Lisk operating budget includes a paper kindly given to me by senior executive manger at Stiftung community meeting last friday, and according to that spreadsheet the labor costs for contractors will be limited to 5 btc starting jan 2017. This means foundation can spend no more than the amount mentioned to pay freelancers working for lisk. That's not a stellar sum but should be sufficient to repair a basin on the second floor of Stiftung headquarter.
breeze71
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December 23, 2016, 05:48:59 PM
 #34331

Quote
Ahh good now i understand your point. Your are right regarding your point of view and i agree.

Nevertheless lets not forget lisk is a highly  flexible coin due to the delegate system , if in future it turns out that inflation is way to high we could reduce easily implement Halvings al la bitcoin.
Ok. But people need a guarantee. I also think that Lisk a very promising project. He has a bright future.


Quote
How long till EURO parity ?
When Kraken add Lisk and will be more lsk/eur, lsk/usd.  





Quote
Why cannot Lisk change inflation rate after reach forging reward 1 LSK per block? It is easy. But I have a question that if bitcoin reach 21Million supply, Miners will still run their machines? Because their is no profit anymore. They shutdown their machine and consensus algorithm stop. Is it the dead end of the Bitcoin? Or Bitcoin unlimitted is born?  

1) Cryptocurrency in the future will become very popular. The miners will receive a good profit from the transaction only.
2) Asic miners will be faster and more power consumption is reduced due to the new process technology (10nm, 8 nm, 6 nm)
3) Many miners in China gets free energy because they are located near the power stations. Power electric stations much more than energy consumption. Then there are enterprising people have organized biggest bitcoin mining farm. The power stations is now loaded to full capacity.
2015 25 btc per block and btc price 230 usd (reward per block ~ 5750 usd ),
2016 12,5 btc per block and btc price 900 usd (reward per block ~ 11250 usd )
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December 23, 2016, 06:04:44 PM
 #34332

Quote
You saw the anual inflation rate of ZEC ? Or thr anual inflation rate of BTC in the years 2009-2012? Dont make your False assumptions please, inflation of lisk is just fine and will stimulate economy to invest and use instead of hoard. From an economic point of view it is superior to what ethereum decided to do.

people are more responsive to growth rates of 1 to 2 usd or 10 to 15 usd, than 0.15 usd to 0.80 usd. It is human psychology.


Lisk is a valuable and rare crystal that is hard to get, you want to make him a gravel.


When project like Steem is trying to reduce its inflation rate, Lisk decided to increase, time will tell if this move is right.

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December 23, 2016, 06:10:31 PM
 #34333

Why cannot Lisk change inflation rate after reach forging reward 1 LSK per block? It is easy. But I have a question that if bitcoin reach 21Million supply, Miners will still run their machines? Because their is no profit anymore. They shutdown their machine and consensus algorithm stop. Is it the dead end of the Bitcoin? Or Bitcoin unlimitted is born?  
is that hard to understand that bitcoin mining will always be profitable thanks to bitcoin price? unlike any other altcoin, bitcoin worth a lot and the fee's will be enough when bitcoin reach zero reward(assuming price growth).
Every halving is the same.. less rewards, price increase, mining still profitable.
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December 23, 2016, 06:20:35 PM
 #34334

You know that if an article is shown in Reuters, you know shit just got real.

http://mobile.reuters.com/article/idUSKBN14A1VX

HODL
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December 23, 2016, 06:37:51 PM
 #34335

You know that if an article is shown in Reuters, you know shit just got real.

http://mobile.reuters.com/article/idUSKBN14A1VX
Yesterday NYTimes and CNBC today Reuters,freakin awesome  Cool
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December 23, 2016, 07:15:01 PM
 #34336


Lets not argue arround the hot Pot here are some fact i am sure of:

- lisk foundation has 14.000 btc development fund


Lisk operating budget includes a paper kindly given to me by senior executive manger at Stiftung community meeting last friday, and according to that spreadsheet the labor costs for contractors will be limited to 5 btc starting jan 2017. This means foundation can spend no more than the amount mentioned to pay freelancers working for lisk. That's not a stellar sum but should be sufficient to repair a basin on the second floor of Stiftung headquarter.


False, of course.

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December 23, 2016, 07:37:30 PM
 #34337


Lets not argue arround the hot Pot here are some fact i am sure of:

- lisk foundation has 14.000 btc development fund


Lisk operating budget includes a paper kindly given to me by senior executive manger at Stiftung community meeting last friday, and according to that spreadsheet the labor costs for contractors will be limited to 5 btc starting jan 2017. This means foundation can spend no more than the amount mentioned to pay freelancers working for lisk. That's not a stellar sum but should be sufficient to repair a basin on the second floor of Stiftung headquarter.


False, of course.

I am sorry , i don't understand. Whats is false?

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December 23, 2016, 07:49:22 PM
 #34338

False, of course.

I am sorry , i don't understand. Whats is false?

Maybe the stupid FUD he was replying to?
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December 23, 2016, 09:48:05 PM
 #34339


Lets not argue arround the hot Pot here are some fact i am sure of:

- lisk foundation has 14.000 btc development fund


Lisk operating budget includes a paper kindly given to me by senior executive manger at Stiftung community meeting last friday, and according to that spreadsheet the labor costs for contractors will be limited to 5 btc starting jan 2017. This means foundation can spend no more than the amount mentioned to pay freelancers working for lisk. That's not a stellar sum but should be sufficient to repair a basin on the second floor of Stiftung headquarter.


False, of course.

I am sorry , i don't understand. Whats is false?

What sulfurtank is talking about.

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December 23, 2016, 09:54:50 PM
 #34340


Lets not argue arround the hot Pot here are some fact i am sure of:

- lisk foundation has 14.000 btc development fund


Lisk operating budget includes a paper kindly given to me by senior executive manger at Stiftung community meeting last friday, and according to that spreadsheet the labor costs for contractors will be limited to 5 btc starting jan 2017. This means foundation can spend no more than the amount mentioned to pay freelancers working for lisk. That's not a stellar sum but should be sufficient to repair a basin on the second floor of Stiftung headquarter.


False, of course.

I am sorry , i don't understand. Whats is false?


What sulfurtank is talking about.
     Lisk marketcap is about the same as the BTC they have availble
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