Duchess
Full Member
Offline
Activity: 232
Merit: 100
Rubic stays cubic
|
|
April 06, 2016, 05:48:47 PM |
|
Surely there are many millions of LISK and at least some percentage of that will be sold immediately at launch? With supply vs demand at that point the price might go lower than what it currently is at Yobit and yobit volume is a fraction of total LISK at launch.
|
█████ ███ ██ ▐ ▌ Multi chain swap ▐ ▌ Rubic Exchange ▐ ▌ DeFi ecosystem ▐ ▌ ██ ███ █████ Swap between 15000+ assets on 11 blockchains (ETH, BSC, Polygon, Avalanche, Moonriver, Fantom, Harmony, Solana, Arbitrum, Aurora, NEAR) To add exchange widget to project site
|
|
|
mistercashking
Legendary
Offline
Activity: 1044
Merit: 1050
|
|
April 06, 2016, 05:49:07 PM |
|
"Traders" please create your own topic with hurry-up optimism spam, I'm looking for content about technology, news and I find million dollars spam...
welcome to bitcointalk.
|
|
|
|
TravelsAsia
|
|
April 06, 2016, 05:49:23 PM |
|
But how much LISKs are they issued? Only their part or the trading with total coins? I'm pretty confused now, and i'm not sure this is good thing, this can screw up many investors, and when they got chance to sell their coins pump will be finished..
When I saw some of those large orders, I figured it was an exchange. Nothing new here, we saw the same thing with Augur Rep.
|
|
|
|
Cryptoartist
Jr. Member
Offline
Activity: 41
Merit: 8
|
|
April 06, 2016, 05:50:59 PM |
|
"Traders" please create your own topic with hurry-up optimism spam, I'm looking for content about technology, news and I find million dollars spam...
welcome to bitcointalk. I share your pain.. Edit: Head to the official lisk forum if you wish to not feel like your IQ is slowly and painfully being sucked out of you. https://forum.lisk.io/index.php
|
|
|
|
marcus1986
|
|
April 06, 2016, 05:51:51 PM |
|
Wow! Yobit has nice profit from LISK trading
|
|
|
|
olloman
Sr. Member
Offline
Activity: 433
Merit: 250
Crypto Angel
|
|
April 06, 2016, 05:51:57 PM |
|
This maneuve by Yobit could be a disaster for other Lisk holders. A market like this is not healthy at all, Yobit's Lisktoken has completely different specifications than the actual Lisk, and if today's price holds or increases even further, we might see an epic dump on launch day...I don't think we will see sub-ICO price, but a lot of people trading now will get burned... I think that devs should either launch sooner (maybe keeping the funds of people who don't claim their Lisk immediately available), or try and and set up an alternative trading system like official escrow or asset trading/ICO passphrases trading. The original roadmap would have been better, but this is how reality is, Yobit made a d**k move and other investors should be protected against this, or at least be able to respond to it.
|
|
|
|
mcjavar
|
|
April 06, 2016, 05:52:00 PM |
|
But how much LISKs are they issued? Only their part or the trading with total coins? I'm pretty confused now, and i'm not sure this is good thing, this can screw up many investors, and when they got chance to sell their coins pump will be finished..
When I saw some of those large orders, I figured it was an exchange. Nothing new here, we saw the same thing with Augur Rep. I'm pretty sure that the trade volume is fake as hell.
|
|
|
|
Erkallys
Legendary
Offline
Activity: 1120
Merit: 1004
|
|
April 06, 2016, 05:52:07 PM |
|
I really doubt that this price will stay. At the moment this is just a pure bubble. With 100 000 000 coins, well maybe a bit less, do you think that the market will be able to absorb all the sell stress that will be put on it ?
|
|
|
|
AltcoinScamfinder
|
|
April 06, 2016, 05:52:13 PM |
|
Those buying LISK for $1 and higher are in for a nasty surprise ... ! Unless LISK reaches a higher value on the long term. $1 is roughly 150x the ICO 'price' I think ... ?
Whenever someone says 'I thibk' I assume they are idiots. 99% correct, since you are off by a factor of 10x in your thinking. $1 is closer to 10x ICO
|
FOR RENT.
|
|
|
redcastle
|
|
April 06, 2016, 05:52:17 PM |
|
How can I sell my coins?
Official Statement regarding YoBit trading “IOU” LISK tokensWe have released an official statement on our blog regarding the YoBit "IOU Tokens" early trading. In summary, we are not endorsing the trade of non-existing LISK. It is advised to wait until the official launch of Lisk. Once it's launched, Lisk will surely be added to reputable exchanges where the risk of theft and fraud is lower. Thank you lisk dev...almost died when I saw lisk on Yobit!
|
|
|
|
cannabanana
|
|
April 06, 2016, 05:52:24 PM |
|
"Traders" please create your own topic with hurry-up optimism spam, I'm looking for content about technology, news and I find million dollars spam...
welcome to bitcointalk.
|
|
|
|
marcus1986
|
|
April 06, 2016, 05:52:37 PM |
|
Official Statement regarding YoBit trading “IOU” LISK tokensWe have released an official statement on our blog regarding the YoBit "IOU Tokens" early trading. In summary, we are not endorsing the trade of non-existing LISK. It is advised to wait until the official launch of Lisk. Once it's launched, Lisk will surely be added to reputable exchanges where the risk of theft and fraud is lower. Thanks for information!
|
|
|
|
ancientOne1
Member
Offline
Activity: 64
Merit: 10
|
|
April 06, 2016, 05:52:44 PM |
|
Those buying LISK for $1 and higher are in for a nasty surprise ... ! Unless LISK reaches a higher value on the long term. $1 is roughly 150x the ICO 'price' I think ... ?
Yes, gonna drop like a stone any day now
|
|
|
|
mike77777
|
|
April 06, 2016, 05:53:36 PM |
|
Those buying LISK for $1 and higher are in for a nasty surprise ... ! Unless LISK reaches a higher value on the long term. $1 is roughly 150x the ICO 'price' I think ... ?
12xico
|
|
|
|
djselery
Legendary
Offline
Activity: 1386
Merit: 1001
|
|
April 06, 2016, 05:54:16 PM |
|
ATTENTION: Guys, i've had an unanswered support ticket and deposit on yobit for a month. Nav coin devs have been trying to contact yobit to upgrade there wallet for months now. i've said it before and i'll say it again, yobit is sketchy as fuck. trade with extreme caution. and now they pull this self escrowed, ico dump to there users. SKETCHY. if there was a way im sure lisk devs would hold yobits ico coins until all there users were refunded. yobit is greasy, i'd stay away.
|
|
|
|
AltcoinScamfinder
|
|
April 06, 2016, 05:54:21 PM |
|
I really doubt that this price will stay. At the moment this is just a pure bubble. With 100 000 000 coins, well maybe a bit less, do you think that the market will be able to absorb all the sell stress that will be put on it ?
Number of coins doesnt matter. Ethereum proved that. At current price (prob inflated by small market) Lisk is still at $120 million marker cap. Ethereum hit $1.6 BILLION a few weeks ago. I make no assumptions that this price is a bubble that will deflate.
|
FOR RENT.
|
|
|
AltcoinScamfinder
|
|
April 06, 2016, 05:55:31 PM |
|
Those buying LISK for $1 and higher are in for a nasty surprise ... ! Unless LISK reaches a higher value on the long term. $1 is roughly 150x the ICO 'price' I think ... ?
Yes, gonna drop like a stone any day now The "I missed the bus again" noobsalt is like nectar. Sorry kid, broke for life.
|
FOR RENT.
|
|
|
bram_vnl
Legendary
Offline
Activity: 1148
Merit: 1000
|
|
April 06, 2016, 05:56:44 PM |
|
That is fun on yobit only buy xd
|
|
|
|
Erkallys
Legendary
Offline
Activity: 1120
Merit: 1004
|
|
April 06, 2016, 05:57:29 PM |
|
I really doubt that this price will stay. At the moment this is just a pure bubble. With 100 000 000 coins, well maybe a bit less, do you think that the market will be able to absorb all the sell stress that will be put on it ?
Number of coins doesnt matter. Ethereum proved that. At current price (prob inflated by small market) Lisk is still at $120 million marker cap. Ethereum hit $1.6 BILLION a few weeks ago. I make no assumptions that this price is a bubble that will deflate. The numbers of coins matters. The higher it is, the higher there will be coins for sale, that will need to be absorbed by the market. This mean you'll need more externam money to sustain the price rise, or at least the sitting.
|
|
|
|
cannabanana
|
|
April 06, 2016, 05:59:49 PM |
|
I really doubt that this price will stay. At the moment this is just a pure bubble. With 100 000 000 coins, well maybe a bit less, do you think that the market will be able to absorb all the sell stress that will be put on it ?
Number of coins doesnt matter. Ethereum proved that. At current price (prob inflated by small market) Lisk is still at $120 million marker cap. Ethereum hit $1.6 BILLION a few weeks ago. I make no assumptions that this price is a bubble that will deflate. The numbers of coins matters. The higher it is, the higher there will be coins for sale, that will need to be absorbed by the market. This mean you'll need more externam money to sustain the price rise, or at least the sitting. uhhh no, well yes but your BTC would also buy more coins if there were more coins.
|
|
|
|
|