[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers

[rezilient]

Forget the current price of lisk, just buy it 

[MalReynolds]

Right now, 1 LISK = 0.0089 USD

the value of Ethereum (1 ETH) was 0.30 USD on launch

How did you manage to calculate the value of 1 lisk?

THESE CHARTS ARE UPDATED SEVERAL TIMES PER DAY.  FORMULAS USED ARE VISIBLE, JUST CLICK ON A CELL.

How Many Lisk You Will Receive For One Bitcoin (BTC)

https://docs.google.com/spreadsheets/d/1iOEdaRnBmSAO5miW7xYheeYUgo5wL9l9BONw6x21nQg/edit?usp=sharing

How Many Lisk You Will Receive For One Crypti (XCR)

https://docs.google.com/spreadsheets/d/1GwWKK7bpjYTxtQRIq_l2xiKI9rEOpTU1oTt0q3C6Mc8/edit?usp=sharing

The Satoshi Price For One Lisk

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit?usp=sharing

CURRENT LISK UNIT PRICE AS I POST THIS IS 2525 SAT = 0.01137 USD AT COINMARKETCAP.COM BITCOIN PRICE OF 435.03 USD / BTC

435.04 (USD / BTC) * 0.00002525 (BTC / LISK)= 0.01137 (USD / LISK)

[MalReynolds]

the value of Ethereum (1 ETH) was 0.30 USD on launch

Forget the current price of lisk, just buy it  

LISK HOLDS THE FOLLOWING ADVANTAGES OVER ETHERIUM:

Javascript language simplicity vs Solidity language complexity

100,000+ JavaScript programmers vs. few Solidity programmers

Single hash generated to secure blockchain in one blocktime vs. trillions of valid but discarded hashes generated to secure blockchain in one blocktime

Cooperative, efficient blockchain generation vs. competitive, wasteful blockchain generation

Stable roundtable clockwork forging vs. exponentially growing free-for-all mining

Dapps on individual sidechains vs. dapps on bloated mainchain

Max of 101 cheap $35 Pi2 / $9 CHIP microcomputers needed for sidechain backbone vs. large, unlimited numbers of expensive GPU systems needed for mainchain backbone

Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required

WHICH OF THESE TWO SOUNDS BETTER POSITIONED TO MEET THE UPCOMING CHALLENGE OF A BILLION-ITEM IPv6 "Internet-of-Things" ?

LISK IS CURRENTLY 0.3000 / 0.01137 = 26.4 TIMES CHEAPER THAT ETHERIUM WAS AT ITS LAUNCH

ETH IS CURRENTLY SELLING AT 7.60 / 0.30 = 25.3 TIMES HIGHER THAN AT ITS LAUNCH

[ryanb]

the value of Ethereum (1 ETH) was 0.30 USD on launch

Forget the current price of lisk, just buy it  

LISK HOLDS THE FOLLOWING ADVANTAGES OVER ETHERIUM:

Javascript language simplicity vs Solidity language complexity

100,000+ JavaScript programmers vs. few Solidity programmers

Single hash generated to secure blockchain in one blocktime vs. trillions of valid but discarded hashes generated to secure blockchain in one blocktime

Cooperative, efficient blockchain generation vs. competitive, wasteful blockchain generation

Stable roundtable clockwork forging vs. exponentially growing free-for-all mining

Dapps on individual sidechains vs. dapps on bloated mainchain

Max of 101 cheap $35 Pi2 / $9 CHIP microcomputers needed for sidechain backbone (101 max) vs. large, unlimited numbers of expensive GPU systems needed for mainchain backbone

Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required

WHICH OF THESE TWO SOUNDS BETTER POSITIONS TO MEET THE UPCOMING CHALLENGE OF A BILLION-ITEM IPv6 "Internet-of-Things" ?

LISK IS CURRENTLY 0.3000 / 0.01137 = 26.4 TIMES CHEAPER THAT ETHERIUM WAS AT ITS LAUNCH

Question is how high LISK can go in price when listed on an exchange compared to ETH?

[GoldenEye]

LISK IS CURRENTLY 0.3000 / 0.01137 = 26.4 TIMES CHEAPER THAT ETHERIUM WAS AT ITS LAUNCH

You should also take into account the total supply, which is at Lisk 40% higher than ETH 

[MalReynolds]

Question is how high LISK can go in price when listed on an exchange compared to ETH?

I would be happy if we met ETH's current X25 performance in the market.  Given Lisk's current market cap of around $1M, that means Lisk would "only" have to be valued on the market at $25M (vs. ETH's current value of $588M) to be considered an equal financial success to Ethereum.

Let me repeat, Lisk can equal Ethereum's current return-on-investment (ROI) by becoming "just" a $25 million coin.  Such a success would currently place Lisk in a three-way tie with Doge and Dash for 8th place market cap.

Now if you think (as I do) from the list of advantages above that Lisk can equal not only Ethereum's market performance, valued at X25, but also equal Ethereum's technical performance, valued at $588 million....

...then you have a true winner - in baseball, an out-of-the-park home run.

And I still predict the first person to write an 0.5.5 Lisk sports betting dapp, running decentralized on 100 CHIP computers costing only $900 total and scattered around the world beyond the ability of governments to shut down, that person will become a billionaire.

http://www.nbcnews.com/news/us-news/new-york-sues-get-draftkings-fanduel-return-money-n489021

[iotaecosystem]

Hello!

Can somebody tell me- what is the LUSK???
Why it takes so big money on ICO?
Is it really better then ETH or IOTA?
I know that IOTA has newest tehnology in the world, As well as ETH!
But what is new in the LUSK???

[iotaecosystem]

People!
Can smb says to me why you think that price of LUSK will be more then now? why not to be less??
Thank you for your support!

[MalReynolds]

I must congratulate Lisk because its growing very fast, Bitcoin investments is being sent very rapidly, but at the same time I worry that everyone who can possibly buy into Lisk might do so before the ICO is over effectively saturating the market and not achieving ROI after ICO is over.  I think Lisk is growing too fast before the end of the ICO, I wouldn't mind the exponential growth, but I would rather see it happen after the ICO is over.

That feeling of excitement of seeing Lisk grow so fast combined with that of nervousness that everyone might buy in before the ICO is over...

I understand that the more money Lisk can get, the better the end product will be, but balance is key.  While too little money can be detrimental for development, too much money invested can also be detrimental for us, the investors.

Are there any reasons why I shouldn't be worried with rapid increases of investments before the ICO is over?

I think your concern does make sense, yet what I think is bit different. Traffic in the internet is more or less resembles an exponential growth. I am saying as a blogger and digital marketer. Although I do agree that I want to get more shares out of the ICO, shit happens u know. Also, daily trading volume of ETH is about 35,000btc and ICO atm is about 2,000btc

daily trading volume of ETH is about 35,000btc and ICO atm is about 2,000btc

Pardon me, but where are you getting that the ICO at the moment is about 2,000 BTC's when I just went to ico.lisk.io and it says:

Under "Bitcoin Exchanges" : 1422.53236392 BTC

I think that what says under "Bitcoin Exchanges" represents the total of everything, including the tallying up of all the altcoins+shapeshift+XCR's that were exchanged for Lisks.  Correct me if I am wrong.

The difference between the "1422 BTC" and the "2000 BTC" is the difference between "actual and "equivalent" BTC (in dark orange) shown on this spreadsheet:

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit#gid=1360974801

The difference between these two is the additional value in the platform besides just the pile of fresh new BTC that is stacking up.  The currently-existing Crypti 0.5.5 codebase (previously paid for by XCR donors), all the functional currently-existing GUI wallet / blockchain explorer tools / etc,  Max and Olivier working full time as the Lisk Foundation, the goodwill of an enthusiastic community that is in the hundreds and still growing - these did not pay BTC and yet count as real tangible assets.   That's the difference between the 1400 and the 2000 numbers.  The difference is the estimated value of intangibles.

However, the 2000 number only pays for 85M Lisk and not the 15M Lisk held back by the Lisk Foundation - currently Max and Olivier, but that will grow.  The correct comparison to make on the spreadsheet is the implied market cap (which includes all 100M Lisk) vs. the dev-cash-on-hand (which is only the donated BTC).

As I have said over and over, any money you put into the Liso ICO does not change in value as more and more donors pile in.  At the end of the ICO, market forces take over.  The idea that the entire cryptocurrency market will discover Lisk and buy into it during a four-week ICO is very hard for me to swallow.  We have only hundreds of investors in the Lisk ICO.  There will be tens of thousands of people who discover Lisk on the exchanges when it gets there.  I believe they will buy in at a premium, and that premium is your profit.

As bitcoinuserz notes, ETH trades 35,000 BTC PER DAY and Lisk has taken in 1400 BTC in TWO WEEKS.  Yes, there is a lot of justified excitement here in Liskland, but we are still only in a very tiny corner of a very big world.  

It's all about perspective.  I am the very center of my world.  I am a tiny speck in the cosmos.

[hugabase]

Lisk: 应用链, means "Chain of Dapps" is good Chancee

[jcksteve]

1 Lisk = $0.009816 right now...hmmmm, Participate in the Lisk ICO can realizee thiss pricee

[MalReynolds]

1 Lisk = $0.009816 right now...hmmmm, Participate in the Lisk ICO can realizee thiss pricee

Actually, that is an old number.  The current value is $0.01099 and slowly climbing as the satoshi value slowly climbs.  Keep track here:

The Satoshi Price For One Lisk

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit?usp=sharing

I've modified this spreadsheet to also show the price of 1 Lisk in USD (US dollars).

[Calabi–Yau Manifold]

All ico buyers will get their coins once Lisk will be launched?

Or people will get coins at some time, not all at once?

It's important, because if all people will get coins at the same time, they can easily flood the market and drive price below ico...

[rudolfaxl]

1 Lisk = $0.009816 right now...hmmmm, Participate in the Lisk ICO can realizee thiss pricee

Actually, that is an old number.  The current value is $0.01137 and slowly climbing as the satoshi value slowly climbs.  Keep track here:

The Satoshi Price For One Lisk

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit?usp=sharing

my comment is...WOWWW

[MalReynolds]

MILESTONE ACHIEVED:

WITH $1.10M MARKET CAP, LISK WILL NOW BE A TOP 50 COIN ON LAUNCH

http://www.coinmarketcap.com

LISK ICO IS NOT EVEN HALF OVER YET...TOP 25 STATUS IS POSSIBLE

[klarki]

Interested in these same moments.
I correctly understand that mining is planned for the end of March ? What rewards will be for the unit ?

[HindsightHero]

Since i did not get any answer to my last question i ask again. What will lisk coin be used for?
quote from MalReynolds "Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required"
So where will the value of a lisk coin come from if it is not used as some kind of fuel like ether in ethereum?
Can someone can clarify this or is this just a stupid pump thread?

[sandiman]

And what if after Lisk hits the exchange it suffer a big loss in value (like did ETH that was valued at 2,8 dollars at first on exchange and 3 days after reached approximatly 0,6$/Ether), will we still be profitable?

[rtrtcrypto]

.60 ether was cheaper than .29 cent ether of IPO 

So, yes.

And what if after Lisk hits the exchange it suffer a big loss in value (like did ETH that was valued at 2,8 dollars at first on exchange and 3 days after reached approximatly 0,6$/Ether), will we still be profitable?

[MalReynolds]

Since i did not get any answer to my last question i ask again. What will lisk coin be used for?
quote from MalReynolds "Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required"
So where will the value of a lisk coin come from if it is not used as some kind of fuel like ether in ethereum?
Can someone can clarify this or is this just a stupid pump thread?

Dapps will pay a nominal fee to register a side chain on the main Lisk blockchain.  After that small registration fee, there are no continuing sidechain payements to the Lisk Foundation.  As usual, correct me if I'm wrong, Max.

As sidechain apps charge for the services they are providing, they will probably ask for Lisk as their payment, since that is easiest to do (although writing for example Bitcoin processing directly into a Lisk app is theoretically possible).   Sidechain users will have to purchase Lisk at an exchange to use those sidechain services.   This will result in upward buying pressure for Lisk as a coin.  

Take for example any future Lisk sports betting dapps.  Lisk would effectively be the casino sports room tokens used among gamers to settle their wagers.  Those tokens would have to be purchased on an exchange, and could be later "cashed out" at an exchange for other currencies such as BTC and eventually USD.

Vegas, baby.