kpierce77
Legendary
Offline
Activity: 1540
Merit: 1002
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April 10, 2016, 06:26:40 PM |
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It looks like LISK (IOU) price is gradually declining, although it could be a general thing currently in the market. It is a pity about the IOU because the IOU might just have taken the steam of the initial rise and decline usually seen with new coins. There is normally a quick rise and decline and then the price settles and then enters the development phase and is dependent on the development work. If development work is poor the price goes down further and if the development work is good then price will rise again. What is clear is that the IOU portion of the LISK money supply is insignificant to the total money supply and should not necessarily be seen as indicative of the price of the main supply of the real coin. This is because a small supply is very much sensitive to price movements especially in an environment where a lot of hype was created and people are impatient with anticipation. The real price could be much higher or much lower.
The next thing that will impact LISK is what will happen on launch day. If a significant portion of the 100m finds it way to the market without the corresponding demand the price will go down. If there is enough demand the ICO investors will exit at a profit and the new investors (and/or whales) will take over at the new floor and do their thing. Most people have a short term profit objective without necessarily worrying too much about what a coin is about as long as whatever the dev team and community does enhances the chances of their objective being met. The chances are therefore higher that a significant portion of the supply will go to market relatively quickly after launch because most holders with a short term profit objective will want to execute their strategy as quickly as possible at maximum profit. The ICO investor mix plays an important part. If the ICO mix were more big investors caring about the coin and future potential less coins will hit the market early on. If the mix were more day traders that would do anything to make a bitcoin or 2 they will exit as soon as they can make that 1 bitcoin and they will jump with joy. Chances are higher though based on statistics that the latter option is the case but not necessarily.
LISK holders must just hope that the wind was not taken out of its sails with the IOU thing and momentum negatively impacted so that that is not seen as the initial rise and decline of the coin. I hope for everyone that there will still be another one after the coin launches for real. However, imo, holding should be more long term for LISK and I hope there are many people with a long term objective in the ICO investor mix.
as i said elsewhere, wallet would better be launched as soon as ICO distribution is done. what is happening in cases like iota or lisk is: distribution ... hype gap ... ... eventually, wallet launch. notice how the IOUs are being negotiated at iota, similarly (and, whenever I complain about it at iota's thread, my posts get deleted) yobit's move was very smart, even though it's not at all good from the ICO buyer's perspective. (lisk and iota holder here) except that lisk is -43.34 % there, right now... That's hilarious. Alts aren't going down because of Lisk lol I'm an ICO holder, but come on give me a break haha And to the original poster... As I said a few pages back, if only there weren't so many retards in crypto who can't understand directions, tomorrow would be the mainnet launch. Now, the coin launch will be completely deflated because we have to wait 3 more weeks. By then, IOU price will be down 90%, and launch will be a non event.
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Romanknickl
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April 10, 2016, 06:27:30 PM |
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Captain Vitalik, we have a Problem!!!- - - - -> LISK!! ------------------------------------------------------------------- -------------------------------------------------------------------------- I think the Ethereum Investors left ETH to invest in LISK
I think LISK will replace ETH soon
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kingcrimson
Legendary
Offline
Activity: 1025
Merit: 1000
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April 10, 2016, 06:34:38 PM |
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It looks like LISK (IOU) price is gradually declining, although it could be a general thing currently in the market. It is a pity about the IOU because the IOU might just have taken the steam of the initial rise and decline usually seen with new coins. There is normally a quick rise and decline and then the price settles and then enters the development phase and is dependent on the development work. If development work is poor the price goes down further and if the development work is good then price will rise again. What is clear is that the IOU portion of the LISK money supply is insignificant to the total money supply and should not necessarily be seen as indicative of the price of the main supply of the real coin. This is because a small supply is very much sensitive to price movements especially in an environment where a lot of hype was created and people are impatient with anticipation. The real price could be much higher or much lower.
The next thing that will impact LISK is what will happen on launch day. If a significant portion of the 100m finds it way to the market without the corresponding demand the price will go down. If there is enough demand the ICO investors will exit at a profit and the new investors (and/or whales) will take over at the new floor and do their thing. Most people have a short term profit objective without necessarily worrying too much about what a coin is about as long as whatever the dev team and community does enhances the chances of their objective being met. The chances are therefore higher that a significant portion of the supply will go to market relatively quickly after launch because most holders with a short term profit objective will want to execute their strategy as quickly as possible at maximum profit. The ICO investor mix plays an important part. If the ICO mix were more big investors caring about the coin and future potential less coins will hit the market early on. If the mix were more day traders that would do anything to make a bitcoin or 2 they will exit as soon as they can make that 1 bitcoin and they will jump with joy. Chances are higher though based on statistics that the latter option is the case but not necessarily.
LISK holders must just hope that the wind was not taken out of its sails with the IOU thing and momentum negatively impacted so that that is not seen as the initial rise and decline of the coin. I hope for everyone that there will still be another one after the coin launches for real. However, imo, holding should be more long term for LISK and I hope there are many people with a long term objective in the ICO investor mix.
as i said elsewhere, wallet would better be launched as soon as ICO distribution is done. what is happening in cases like iota or lisk is: distribution ... hype gap ... ... eventually, wallet launch. notice how the IOUs are being negotiated at iota, similarly (and, whenever I complain about it at iota's thread, my posts get deleted) yobit's move was very smart, even though it's not at all good from the ICO buyer's perspective. (lisk and iota holder here) except that lisk is -43.34 % there, right now... That's hilarious. Alts aren't going down because of Lisk lol I'm an ICO holder, but come on give me a break haha And to the original poster... As I said a few pages back, if only there weren't so many retards in crypto who can't understand directions, tomorrow would be the mainnet launch. Now, the coin launch will be completely deflated because we have to wait 3 more weeks. By then, IOU price will be down 90%, and launch will be a non event. Still trading at 012 on yobit and 008 on bloom. Demand is still there. But I don't know if we'll survive three weeks of delays, FUD, and market volatility.
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elitecstrike
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April 10, 2016, 06:43:01 PM |
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Even if the lisk iou on yobit reaches 0.0001 btc per Lisk, i am not selling my lisk below 5 dollar. Instead i will buy a lot of more!!
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shinep
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April 10, 2016, 06:46:15 PM |
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It looks like LISK (IOU) price is gradually declining, although it could be a general thing currently in the market. It is a pity about the IOU because the IOU might just have taken the steam of the initial rise and decline usually seen with new coins. There is normally a quick rise and decline and then the price settles and then enters the development phase and is dependent on the development work. If development work is poor the price goes down further and if the development work is good then price will rise again. What is clear is that the IOU portion of the LISK money supply is insignificant to the total money supply and should not necessarily be seen as indicative of the price of the main supply of the real coin. This is because a small supply is very much sensitive to price movements especially in an environment where a lot of hype was created and people are impatient with anticipation. The real price could be much higher or much lower.
The next thing that will impact LISK is what will happen on launch day. If a significant portion of the 100m finds it way to the market without the corresponding demand the price will go down. If there is enough demand the ICO investors will exit at a profit and the new investors (and/or whales) will take over at the new floor and do their thing. Most people have a short term profit objective without necessarily worrying too much about what a coin is about as long as whatever the dev team and community does enhances the chances of their objective being met. The chances are therefore higher that a significant portion of the supply will go to market relatively quickly after launch because most holders with a short term profit objective will want to execute their strategy as quickly as possible at maximum profit. The ICO investor mix plays an important part. If the ICO mix were more big investors caring about the coin and future potential less coins will hit the market early on. If the mix were more day traders that would do anything to make a bitcoin or 2 they will exit as soon as they can make that 1 bitcoin and they will jump with joy. Chances are higher though based on statistics that the latter option is the case but not necessarily.
LISK holders must just hope that the wind was not taken out of its sails with the IOU thing and momentum negatively impacted so that that is not seen as the initial rise and decline of the coin. I hope for everyone that there will still be another one after the coin launches for real. However, imo, holding should be more long term for LISK and I hope there are many people with a long term objective in the ICO investor mix.
as i said elsewhere, wallet would better be launched as soon as ICO distribution is done. what is happening in cases like iota or lisk is: distribution ... hype gap ... ... eventually, wallet launch. notice how the IOUs are being negotiated at iota, similarly (and, whenever I complain about it at iota's thread, my posts get deleted) yobit's move was very smart, even though it's not at all good from the ICO buyer's perspective. (lisk and iota holder here) except that lisk is -43.34 % there, right now... That's hilarious. Alts aren't going down because of Lisk lol I'm an ICO holder, but come on give me a break haha And to the original poster... As I said a few pages back, if only there weren't so many retards in crypto who can't understand directions, tomorrow would be the mainnet launch. Now, the coin launch will be completely deflated because we have to wait 3 more weeks. By then, IOU price will be down 90%, and launch will be a non event. Still trading at 012 on yobit and 008 on bloom. Demand is still there. But I don't know if we'll survive three weeks of delays, FUD, and market volatility. some of them could be fake orders by the owners.
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Godson_Mansa
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April 10, 2016, 06:54:27 PM |
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That trolling faggot gembitz Has launched a new coin called "LISKCOIN" Ticker "LSK" nice to know he doesn't have any self respect, after Fudding Lisk for Weeks he now has the guts to start a shitcoin with the same.
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AleScamHole
Sr. Member
Offline
Activity: 504
Merit: 250
Don't you looooooove how offensive my name sounds?
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April 10, 2016, 06:56:03 PM |
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bah the most that can be gained from that list is wow look at all the eth ponzi's and "pyramids" could people have not done better? all the good projects for eth STILL yellow and in development on that page (gnosis being a big one i think is cool) but the ponzis are green and good to go lol go eth?
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tombstone2
Newbie
Offline
Activity: 28
Merit: 0
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April 10, 2016, 06:58:36 PM |
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It looks like LISK (IOU) price is gradually declining, although it could be a general thing currently in the market. It is a pity about the IOU because the IOU might just have taken the steam of the initial rise and decline usually seen with new coins. There is normally a quick rise and decline and then the price settles and then enters the development phase and is dependent on the development work. If development work is poor the price goes down further and if the development work is good then price will rise again. What is clear is that the IOU portion of the LISK money supply is insignificant to the total money supply and should not necessarily be seen as indicative of the price of the main supply of the real coin. This is because a small supply is very much sensitive to price movements especially in an environment where a lot of hype was created and people are impatient with anticipation. The real price could be much higher or much lower.
The next thing that will impact LISK is what will happen on launch day. If a significant portion of the 100m finds it way to the market without the corresponding demand the price will go down. If there is enough demand the ICO investors will exit at a profit and the new investors (and/or whales) will take over at the new floor and do their thing. Most people have a short term profit objective without necessarily worrying too much about what a coin is about as long as whatever the dev team and community does enhances the chances of their objective being met. The chances are therefore higher that a significant portion of the supply will go to market relatively quickly after launch because most holders with a short term profit objective will want to execute their strategy as quickly as possible at maximum profit. The ICO investor mix plays an important part. If the ICO mix were more big investors caring about the coin and future potential less coins will hit the market early on. If the mix were more day traders that would do anything to make a bitcoin or 2 they will exit as soon as they can make that 1 bitcoin and they will jump with joy. Chances are higher though based on statistics that the latter option is the case but not necessarily.
LISK holders must just hope that the wind was not taken out of its sails with the IOU thing and momentum negatively impacted so that that is not seen as the initial rise and decline of the coin. I hope for everyone that there will still be another one after the coin launches for real. However, imo, holding should be more long term for LISK and I hope there are many people with a long term objective in the ICO investor mix.
It's all about supply and demand. You said it yourself. " If there is enough demand the ICO investors will exit at a profit and the new investors (and/or whales) will take over at the new floor and do their thing." So my question is, why would these people be affected by what happens in VERY limited trading at YObit or especially bloombit? It's meaningless. The supply is extremely limited. And the demand (i.e. number of potential buyers on those sites) is extremely limited too. This pre-launch trading is just the very, VERY early stages of price discovery that may or may not be anywhere near reality once real supply & demand are unleashed. Placing any kind of emphasis on the pre-launch trading, especially at these 2 sites, isn't much different than attaching significance to private sales that may take place between parties who post about it on this forum. None of it matters until there is real supply & demand, and real volume.
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gembitz
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April 10, 2016, 07:01:01 PM |
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That [Molburg] Has launched a new coin called "LISKCOIN" Ticker "LSK" nice to know he doesn't have any self respect, after Fudding Lisk for Weeks he now has the guts to start a shitcoin with the same. we are the real Liskcoin ~ try to stop us! lmfao fyi: joel[Bigcabrito] https://bitcointalk.org/index.php?action=profile;u=157356^the official LISK community representative gave me the thumbs up!!!
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©2021*MY POSTS ARE STRICTLY FOR NOVELTY AND/OR PRESERVATION/COLLECTING PURPOSES ONLY!*It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF #XTZ ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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aGuyFrom4Chan
Newbie
Offline
Activity: 2
Merit: 0
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April 10, 2016, 07:01:33 PM |
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Hey guys, We would like to know. How does the delegate voting system work with LISK? For how many PROFIT SHARING DELEGATES would I have to vote to get the most benefits? So basically what i'm asking is if the voting system of LISK is gonna be A or B:
>a) Same voting weight applied to all selected delegates -put your voting weight on as many different delegates as possible (Max=101).
>b) Voting weight is split between selected delegates. -put all your voting weight on 1 specific delegate.
(Voting Weight = Voting Power)
Thanks
Come on, Can someone answer my question? Just a simple A or B
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tombstone2
Newbie
Offline
Activity: 28
Merit: 0
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April 10, 2016, 07:03:36 PM |
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And by the way, why do people keep saying "IOU" trading as if that's unusual? The fact is, ALL trading at exchanges is based on IOUs. If you trade BTC at an exchange, you're trading an IOU. If you trade ETH at an exchange, you're trading an IOU. When you finally trade LISK at an exchange, you'll be trading an IOU. You don't think coins are actually moving from wallet to wallet every time someone makes a trade on an exchange, do you?
As for the pre-launch trading, it's a completely natural market occurrence and there is certainly nothing wrong with it as long as the exchange has the ICO coins in their wallet for people to withdraw (if they choose) once LISK is launched. The only question is, who knows about these 2 sites (especially bloombit)? Are they honest? It's anyone's guess!
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ThePatient
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April 10, 2016, 07:07:32 PM |
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And by the way, why do people keep saying "IOU" trading as if that's unusual? The fact is, ALL trading at exchanges is based on IOUs. If you trade BTC at an exchange, you're trading an IOU. If you trade ETH at an exchange, you're trading an IOU. When you finally trade LISK at an exchange, you'll be trading an IOU. You don't think coins are actually moving from wallet to wallet every time someone makes a trade on an exchange, do you?
Whatever you want to call it, "IOU" or otherwise, yobit trading is different from trading ETH right now at polo because LISK hasn't even launched yet. In either case, one may not be trading the actual coins from wallet to wallet like you say, but in the case of ETH at least the exchange holds the real thing. There should be some word making it clear that Yobit holds no real lisk. The word/acronym the community has chosen to use is "IOU".
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cannabanana
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April 10, 2016, 07:07:48 PM |
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Hey guys, We would like to know. How does the delegate voting system work with LISK? For how many PROFIT SHARING DELEGATES would I have to vote to get the most benefits? So basically what i'm asking is if the voting system of LISK is gonna be A or B:
>a) Same voting weight applied to all selected delegates -put your voting weight on as many different delegates as possible (Max=101).
>b) Voting weight is split between selected delegates. -put all your voting weight on 1 specific delegate.
(Voting Weight = Voting Power)
Thanks
Come on, Can someone answer my question? Just a simple A or B depends on the delegate and their program. There will be some of A, some of B and some of C
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manhattanagriculture
Newbie
Offline
Activity: 14
Merit: 0
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April 10, 2016, 07:08:32 PM |
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Proxy Coin = IOU
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bticgoinsuxial
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April 10, 2016, 07:14:44 PM |
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Hey guys, We would like to know. How does the delegate voting system work with LISK? For how many PROFIT SHARING DELEGATES would I have to vote to get the most benefits? So basically what i'm asking is if the voting system of LISK is gonna be A or B:
>a) Same voting weight applied to all selected delegates -put your voting weight on as many different delegates as possible (Max=101).
>b) Voting weight is split between selected delegates. -put all your voting weight on 1 specific delegate.
(Voting Weight = Voting Power)
Thanks
Come on, Can someone answer my question? Just a simple A or B depends on the delegate and their program. There will be some of A, some of B and some of C I think what he is asking is how the voting weight will be applied. Since you can vote for up to 101 delegates with 1 vote. Will your voting power be split between all the delegates that you vote or each delegate that you vote gets your full voting power. I think the answer is "A" . Correct me if im wrong.
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123 123
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cannabanana
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April 10, 2016, 07:17:55 PM |
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Hey guys, We would like to know. How does the delegate voting system work with LISK? For how many PROFIT SHARING DELEGATES would I have to vote to get the most benefits? So basically what i'm asking is if the voting system of LISK is gonna be A or B:
>a) Same voting weight applied to all selected delegates -put your voting weight on as many different delegates as possible (Max=101).
>b) Voting weight is split between selected delegates. -put all your voting weight on 1 specific delegate.
(Voting Weight = Voting Power)
Thanks
Come on, Can someone answer my question? Just a simple A or B depends on the delegate and their program. There will be some of A, some of B and some of C I think what he is asking is how the voting weight will be applied. Since you can vote for up to 101 delegates with 1 vote. Will your voting power be split between all the delegates that you vote or each delegate that you vote gets your full voting power. I think the answer is "A" . Correct me if im wrong. you are correct then it's A
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wasref
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April 10, 2016, 07:41:20 PM |
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im a ico holder too but all this crap of $2-$5 when it launches is silly ico was at 10 cents. you will think people wont sell for $1 you think they wont sell for 50cents. hell some might dump at 0.20cents. all this talk of eth not being better than lisk i just find funny. lisk not gonna beat ETH.
ETH is 10 times better than bitcoin, i dont see it beating it actually its falling and bitcoin is rising. people basing the judgements on the IOU and they dont realize the harm that drop will do when it actually launches. that IOU will give investors a idea of a ceiling and then just expect some nasty dumps. and very little BTC.
ETH and REP were not IOU on any major exchange. these small exchanges just making a quick buck and there is no one buying but themselves. i said before anyone buying it now on the sites is literally buying a premine. if they dumping at these prices with only a few hundred thousand imagine what a few million would do.
very little is being talked of lisk dev but vitalik is everywhere.
like i said eth cant beat bitcoin lisk aint gonna beat ETH,
radium cant beat factom expanse cant beat ETH too. expanse had better feature than ETH and that got a cap of $2.5million so with the added features on LISK it would be overvalued. with its ICO $5.9million i invested early had i known it would go to $5.9million i had think twice. but please hype it down a little so we ico holders can make a tidy profit and sell
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tombstone2
Newbie
Offline
Activity: 28
Merit: 0
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April 10, 2016, 07:42:55 PM |
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And by the way, why do people keep saying "IOU" trading as if that's unusual? The fact is, ALL trading at exchanges is based on IOUs. If you trade BTC at an exchange, you're trading an IOU. If you trade ETH at an exchange, you're trading an IOU. When you finally trade LISK at an exchange, you'll be trading an IOU. You don't think coins are actually moving from wallet to wallet every time someone makes a trade on an exchange, do you?
Whatever you want to call it, "IOU" or otherwise, yobit trading is different from trading ETH right now at polo because LISK hasn't even launched yet. In either case, one may not be trading the actual coins from wallet to wallet like you say, but in the case of ETH at least the exchange holds the real thing. There should be some word making it clear that Yobit holds no real lisk. The word/acronym the community has chosen to use is "IOU". Ok, I'll accept that a misnomer has been chosen to describe pre-launch trading. But the more important point is that there's nothing wrong with it as long as they have the ICO coins to back up their sales. They do claim to. If they are lying, of course that is very shady. At the end of the day, if you are buying pre-launch LISK from YObit, you better have good reason to trust them! Anyway, to be honest, I can't understand why an exchange like Bittrex doesn't do pre-launch trading. They are pretty well trusted. And they would stand to gain a lot by adding new users (since currently not many people trade there). Another good candidate to do pre-launch trading would be OpenLedger since they're in the process of bootstrapping their decentralized exchange which, incidentally, runs on Bitshares who invented DPoS.
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cointrader83
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April 10, 2016, 07:45:23 PM |
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People are pulling BTC out of alts in order to buy WildBeastBitcoin
WildBeastBitcoin is up 10% this week, it's mauling Ethereum
wildbeastbitcoin? What is it? Are you kidding me?
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