johny08
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Activity: 1045
Merit: 1000
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April 07, 2016, 10:43:54 AM |
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Because people easily become crazy about instant 10 and more times profit. Also in crypto you have no guarantee that certain price will sustain. Hence many investors prefer to sell when they have opportunity to do so.
Right, but those who sold ETH at $1 are not happy at all. Don't make the same mistake with LISK! Selling with profit is no mistake when you bought microsoft shares at their ico or google shares or apple shares, you were a fool to sell it before it went x100. Keep the profits running, and cut off your loses. Then, even when you are trading 50 times with loses and just 10 times with profits, you win. And i agree marketcap of $600 Mill. or $6 a lisk is pretty high
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johny08
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Activity: 1045
Merit: 1000
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April 07, 2016, 10:45:04 AM |
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Be cautious with current YoBit prices as they probably won't reflect prices when the market opens on other major markets - price is high because they offered coins covered by their ICO investments so it's highly concentrated with limited supply and high demand.
Yes. that price is yobit price, learn to read everything. the coins they are selling are the ICO coin they have bought from the pre-sale. the prices are that high, because everyone is buying and no one selling. its market. I remember Aurora Coin went up to 12 Billion Dollar marketcap.
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wasref
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April 07, 2016, 10:46:24 AM |
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tech is no good without adoption took a gamble at 400k sats on yobit working well so far but its obvious its fake good marketing. in the end it will be bad publicity for lisk so not to sure about holding it now
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wasref
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April 07, 2016, 10:47:59 AM |
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Be cautious with current YoBit prices as they probably won't reflect prices when the market opens on other major markets - price is high because they offered coins covered by their ICO investments so it's highly concentrated with limited supply and high demand.
Yes. that price is yobit price, learn to read everything. the coins they are selling are the ICO coin they have bought from the pre-sale. the prices are that high, because everyone is buying and no one selling. its market. I remember Aurora Coin went up to 12 Billion Dollar marketcap. what makes you think people are buying alot. its probably yobit using users funds to put up walls. they own all those coins so they effectively buying selling to themselves. see yobit history there volume has never been more than 50-70btc before ethereum
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lebness
Newbie
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Activity: 12
Merit: 0
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April 07, 2016, 10:53:06 AM |
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woowww 1000% in less than 24 hours, but unlucky, i miss the train
Imagine that anyone that bought ICO, can deposit now. Most of them would sell it without blinking an eye dropping price to the ground. why selling when you can get a steady income with a node party pool? who is giving the best profit share?
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wizzardTim
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Activity: 1708
Merit: 1000
Reality is stranger than fiction
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April 07, 2016, 10:55:21 AM |
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The price will be that which the market decides it to be. If there is demand for Lisk above $5/Lisk then that's the price..we cannot do something about it. In the end it's all ask/bid balance..
We can't have currently an estimation, but first results are very promising.
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Behold the Tangle Mysteries! Dare to know It's truth.
- Excerpt from the IOTA Sacred Texts Vol. I
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pabloangello
Legendary
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Activity: 1344
Merit: 1001
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April 07, 2016, 10:55:27 AM |
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Because people easily become crazy about instant 10 and more times profit. Also in crypto you have no guarantee that certain price will sustain. Hence many investors prefer to sell when they have opportunity to do so.
Right, but those who sold ETH at $1 are not happy at all. Don't make the same mistake with LISK! Selling with profit is no mistake when you bought microsoft shares at their ico or google shares or apple shares, you were a fool to sell it before it went x100. Keep the profits running, and cut off your loses. Then, even when you are trading 50 times with loses and just 10 times with profits, you win. And i agree marketcap of $600 Mill. or $6 a lisk is pretty high How you can name ICO investors fool if they sell for XX-times profit instead of XXX-times profit if they didn't have your current knowledge that Microsoft/OrWhatever became a big success? Potential big success vs already big success is a HUGE difference.
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Mrboot
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Activity: 1204
Merit: 1000
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April 07, 2016, 10:56:16 AM |
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People,
Just see it this way If it can be there for $6, then a true value of $2 wont sound so strange anymore does it
So my guess is dollar 2 at start
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mistercashking
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Activity: 1044
Merit: 1050
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April 07, 2016, 10:58:38 AM |
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Someone got a buy order of 6 btc at a rate of 480k satoshi so interrets is there
I assume that this, like maybe 50% or more, is a fake trade to raise the price. i think there are people out there who pay that price. its still cheap, it could go up 2 times more in a peak. Lisk could go up like Litecoin to $40/ BTC0.03 If Litecoin can get to $40 with relatively primitive technology, I can't even imagine how high Lisk can go Ethereum vs Lisk are you ready.
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wasref
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April 07, 2016, 10:59:42 AM |
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People,
Just see it this way If it can be there for $6, then a true value of $2 wont sound so strange anymore does it
So my guess is dollar 2 at start
valuation depends on demand and instantly youl see demand drop i cant see 1 dollar as a base that nealry $100million over time maybe but that depends on adoption. its obvious now why big investors bought in ico for a pump and the fact that some exchanges are doing IOU before official launch is ti hype it up for a dump.
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BoldNinja
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April 07, 2016, 11:00:35 AM |
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This will be fun to watch when we launch and I agree $2 start doesn't sound strange after all.
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wizzardTim
Legendary
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Activity: 1708
Merit: 1000
Reality is stranger than fiction
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April 07, 2016, 11:02:54 AM |
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If Litecoin can get to $40 with relatively primitive technology, I can't even imagine how high Lisk can go
This. You have said everything with just one sentence!!
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Behold the Tangle Mysteries! Dare to know It's truth.
- Excerpt from the IOTA Sacred Texts Vol. I
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instacalm
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April 07, 2016, 11:07:13 AM |
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If Litecoin can get to $40 with relatively primitive technology, I can't even imagine how high Lisk can go
This. You have said everything with just one sentence!! and so can the other innovators such as ETHEREUM et al.
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Mrboot
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Activity: 1204
Merit: 1000
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April 07, 2016, 11:09:08 AM |
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Best thing is that many including me keep buying below 20k
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Deanero
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April 07, 2016, 11:11:14 AM |
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Are there any other coins that had the same thing happen to it? Like being put on an exchange as a IOU token, and then the real thing was released later? I'd be interested to know what happened to past occurrences when this scenario happened and what happened to the price when the real token was actually released, whether it dropped like a lead weight or whether the artificially pumped price with the IOU's gave the token a jump start?
I have invested in Lisk and am a little bit concerned to be honest.
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souljah1h
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Activity: 1092
Merit: 1000
Hyperspace snail
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April 07, 2016, 11:12:02 AM |
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Are there any other coins that had the same thing happen to it? Like being put on an exchange as a IOU token, and then the real thing was released later? I'd be interested to know what happened to past occurrences when this scenario happened and what happened to the price when the real token was actually released, whether it dropped like a lead weight or whether the artificially pumped price with the IOU's gave the token a jump start?
I have invested in Lisk and am a little bit concerned to be honest.
Yes Augur/REP on Gatecoin does the same.
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_@/'
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mistercashking
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Activity: 1044
Merit: 1050
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April 07, 2016, 11:12:34 AM |
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Are there any other coins that had the same thing happen to it? Like being put on an exchange as a IOU token, and then the real thing was released later? I'd be interested to know what happened to past occurrences when this scenario happened and what happened to the price when the real token was actually released, whether it dropped like a lead weight or whether the artificially pumped price with the IOU's gave the token a jump start?
I have invested in Lisk and am a little bit concerned to be honest.
Happened with ethereum and bittrex here: https://bitcointalk.org/index.php?topic=798031.0 and is currently happening with Augur $rep on gatecoin
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galdur
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April 07, 2016, 11:12:46 AM |
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Wow, this coin is worth $600 Million. What´s that about? It´s supposed to have 100 million coins out eventually, right? What is so special about it?
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wasref
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April 07, 2016, 11:14:40 AM |
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If Litecoin can get to $40 with relatively primitive technology, I can't even imagine how high Lisk can go
This. You have said everything with just one sentence!! not really there are more than dozens of coins that are better than litecoin dont see them reaching so high
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mistercashking
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Activity: 1044
Merit: 1050
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April 07, 2016, 11:17:10 AM |
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Wow, this coin is worth $600 Million. What´s that about? It´s supposed to have 100 million coins out eventually, right? What is so special about it?
Ethereum Vs Lisk where you been at man.
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