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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3074119 times)
Digital_Currency_LTD
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March 19, 2016, 11:56:13 AM
 #3981

...
All funds are in escrow and can't be accessed by the team right now.


Can I ask you if it is possible to see the 'final' address ... with those +8k btc ?

I am not team member, but if it on coinbase vault, you can't see the address.

EDIT: BTC are on cold storage.
redsn0w
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#Free market


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March 19, 2016, 12:09:09 PM
 #3982

...
All funds are in escrow and can't be accessed by the team right now.


Can I ask you if it is possible to see the 'final' address ... with those +8k btc ?

I am not team member, but if it on coinbase vault, you can't see the address.

EDIT: BTC are on cold storage.


Yeah you are right, what a stupid question .


Sorry !
cryptoboy.architect
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March 19, 2016, 12:09:24 PM
 #3983

How do we know the BTC isn't reinvested by the people running the ICO?

We'd like to see the address that holds all the BTC from the ICO and to make sure none of that BTC is being reinvested in itself.


We?

You...

You can exclude yourself from wanting to know details. However there are plenty of others that would feel more comfortable to see where it is and how it's used. That said - they just responded that it is in cold storage until it gets out of escrow. It'll be interesting.
redcastle
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March 19, 2016, 12:13:23 PM
 #3984

...
All funds are in escrow and can't be accessed by the team right now.


Can I ask you if it is possible to see the 'final' address ... with those +8k btc ?

I am not team member, but if it on coinbase vault, you can't see the address.

Good to know! What will happen before the end? Last minute investors coming in? Tongue
dzarmush
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March 19, 2016, 12:13:33 PM
 #3985

How do we know the BTC isn't reinvested by the people running the ICO?

We'd like to see the address that holds all the BTC from the ICO and to make sure none of that BTC is being reinvested in itself.


We?

You...

You can exclude yourself from wanting to know details. However there are plenty of others that would feel more comfortable to see where it is and how it's used. That said - they just responded that it is in cold storage until it gets out of escrow. It'll be interesting.


I don't get it either. One of investors tracked down his transaction to an address with 3000 BTC the last time I checked. Why devs can't provide all addresses with ICO money?

dzarmush
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March 19, 2016, 12:14:43 PM
 #3986

3000 BTC
https://blockchain.info/address/35z7BVppgRCmGwsBZkV78QBuNn2Z673JBk

Where's the rest?

Emerge
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March 19, 2016, 12:16:54 PM
 #3987

after 1 year.....

1. bitcoin
2. Ethereum
3. Lisk
4. bla bla bla
5. bla bla bla


We should talk also about augur ....  augur is more interesting that lisk (just my personal opinion, from a technic point of view).

Right, but augur is a decentralized app, Lisk is a platform.. We can make many Augurs with Lisk Wink
bitbitch
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March 19, 2016, 12:18:31 PM
Last edit: March 19, 2016, 12:50:55 PM by bitbitch
 #3988

I won't bore you all with the nitty gritty details but due to the technical failings of Wankfest (aka Coinbase) it seems i will be unable to access any more of my bitcoin stored there before the ICO closes.

As i don't leave much fiat in exchanges and it's now the weekend that route to buying more BTC is also closed off to me before the ICO closes.

Any recommendations as to how and where i can buy and access BTC before the ICO closes?
cryptoboy.architect
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March 19, 2016, 12:18:39 PM
 #3989


Because it is in cold storage controlled by Coinbase. It is also in a vault, which is locked by an escrow (allegedly).
MaGNeT
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March 19, 2016, 12:36:15 PM
 #3990


Why ask?

There are 2 scenario's that could happen if they want to scam us:

- the coins are in hands of the Lisk team and they run away after the ICO
- the coins are in hands of the escrow/Coinbase and they could still run away after the ICO

I go for scenario 3:

- everything is fine, you get your Lisk and Lisk moves to the exchanges, development continues

Because the Lisk team also holds a nice amount of Lisk, they have enough incentive to make it successful.
herbitcoins
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March 19, 2016, 12:38:20 PM
 #3991

Why are you using the word "investors" guys? Donators is the word.
You think you bought shares or it's investment or something Huh
FandangledGizmo
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March 19, 2016, 12:40:33 PM
 #3992

How do we know the BTC isn't reinvested by the people running the ICO?

We'd like to see the address that holds all the BTC from the ICO and to make sure none of that BTC is being reinvested in itself.


We?

You...

You can exclude yourself from wanting to know details. However there are plenty of others that would feel more comfortable to see where it is and how it's used. That said - they just responded that it is in cold storage until it gets out of escrow. It'll be interesting.


The devs could have also just borrowed a few thousand BTC for the ICO then they overpay/overspend themselves following year and pay-back the loan. Easy way to own 50% of the company for free  Smiley  
herbitcoins
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March 19, 2016, 12:43:35 PM
 #3993

How do we know the BTC isn't reinvested by the people running the ICO?

We'd like to see the address that holds all the BTC from the ICO and to make sure none of that BTC is being reinvested in itself.


We?

You...

You can exclude yourself from wanting to know details. However there are plenty of others that would feel more comfortable to see where it is and how it's used. That said - they just responded that it is in cold storage until it gets out of escrow. It'll be interesting.


The devs could have also just borrowed a few thousand BTC for the ICO then they overpay/overspend themselves following year and pay-back the loan. Easy way to own 50% of the company for free  Smiley  
Company ?? mouhahaha
KhalDrago
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March 19, 2016, 12:45:24 PM
 #3994

No way 8+k bitcoin was invested in this project by different users, i believe a large portion is from devs themselves.
MaGNeT
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March 19, 2016, 12:45:57 PM
 #3995

No way 8+k bitcoin was invested in this project by different users, i believe a large portion is from devs themselves.

What if it was?
bitbitch
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March 19, 2016, 12:53:53 PM
 #3996

No way 8+k bitcoin was invested in this project by different users, i believe a large portion is from devs themselves.

What if it was?

admission?
MaGNeT
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March 19, 2016, 12:55:25 PM
 #3997

No way 8+k bitcoin was invested in this project by different users, i believe a large portion is from devs themselves.

What if it was?

admission?

No, not knowing, just like you.

But again, what if the developers invested in their own project?
herbitcoins
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March 19, 2016, 12:56:35 PM
 #3998

Where can i find informations about the legal statut of Lisk?
it is a non-profit association?
a company?
individuals receiving donations?

thanks
Splatters
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March 19, 2016, 12:58:13 PM
 #3999

No way 8+k bitcoin was invested in this project by different users, i believe a large portion is from devs themselves.

What if it was?

admission?
This kind of thing are the same for every coin, in every ICO dev buy the whole supply, in every free coin dev get the whole supply.
And then there are people like you that own nothing.
And when I say nothing I mean nothing to proof what are you saying, so dev can't admit anything since you can't proof the anything.

I know why your pray will never be answered!
techbytes
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March 19, 2016, 12:58:31 PM
 #4000

No way 8+k bitcoin was invested in this project by different users, i believe a large portion is from devs themselves.

You can't prove it either way so your point is moot...


-tb-

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