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

[bitbitch]

where is Bittrex located?

[hellobilljoygo]

can you need exchange www.bitdou.com?    welcome to exchange www.bitdou.com

[axlroses]

where is Bittrex located?

ARAB!

[TravelsAsia]

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.

I expect intro at around $2, and hard swings between $1.50-$5 for a few weeks. No reason we won't stabilize around $3-$5 considering ETH at $10+

lets convert this bullshit into reality

bullshit translation

inrto at $2 = $200,MILLION Market cap
swings between $1.50-$5 = $150 MILLION - $500,000,000 MILLION Market Cap

no reason it can't stablize around $3-$5 = $300 MILLION - $500 MILLION

now its written in plain english not bullshit you decide

Here's what I know, you don't know the truth and neither do I. Paycoin, Aurora, Litecoin, lots of example of nonsense no real world application coins sky rocketed.

I think 30-40 cents is more reasonable. If I'm right, I'm right. If I'm wrong, I'm wealthier.

[hellobilljoygo]

china exchange:
www.bitdou.com

[TravelsAsia]

YoBit is 100% ready for Lisk.

Free lisk coins (0.01 lisk) on our FreeCoins page: https://yobit.net/en/freecoins/

Lisk Trade: https://yobit.net/en/trade/LISK/BTC

How quickly do you convert IOUs to real coins after launch?

[nakaone]

so the distribution will be tommorow? I cannot see my balanace at lisk.ico - or is it my fault?

[ed101]

Any launch parties planned?

[TravelsAsia]

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.

I expect intro at around $2, and hard swings between $1.50-$5 for a few weeks. No reason we won't stabilize around $3-$5 considering ETH at $10+

lets convert this bullshit into reality

bullshit translation

inrto at $2 = $200,MILLION Market cap
swings between $1.50-$5 = $150 MILLION - $500,000,000 MILLION Market Cap

no reason it can't stablize around $3-$5 = $300 MILLION - $500 MILLION

now its written in plain english not bullshit you decide

Here's what I know, you don't know the truth and neither do I. Paycoin, Aurora, Litecoin, lots of example of nonsense no real world application coins sky rocketed.

I think 30-40 cents is more reasonable. If I'm right, I'm right. If I'm wrong, I'm wealthier.

Lisk can go anywhere, did you ever expect Ether to be as big as it is?

bought in quite a bit a little over $1. So yes, next to Litecoin, it was my biggest win. It balanced my nasty BitShares losses.

[fuze0000]

May 24th is tomorrow!
Page 899!
Go LSK Go!

[Its About Sharing]

Hope bittrex so i could sell all and buy DAO ico(130 millions).
I think 90% of lisk holder will dump to buy DAO.

Maybe i will buy later lisk, but priority is DAO now.

It won't make too much sense to dump Lisk to buy DAO. DAO is very expensive now and will become more expensive every day. The marketcap is very high ($162 Mio) and even if it's a very interesting and innovative idea, it's safe to say: There will be problems. Why? There is a conflict of interest in the concept.

Imagine you have a lot of DAO and most DAO-holders also have a lot of ETH. There is a proposal you believe would be a good decision, but you know: If you a majority would vote for it, DAO will invest and that means: sell. DAO will sell ETH or will give ETH to a project to invest in it. That means it will lose Marketcap until there is a return. ETH will most likely also go down because ppl will anticipate sell pressure if a proposal goes through. How many will vote for a longterm-decision that still involves a lot of risk and take the loss in short-term because DAO needs to sell?
 
And why should DAO be worth more on the exchange than the money it has? Because they will make a lot of money?

Let's say they start with $180 Mio and DAO invests in a project, like slock.it or whatever. And let's say DAO invests $10 Mio. How much time will it take to make profit? And will there be profit? And even if, will it be that much profit to justify prices above a current marketcap?

The question in DAO is: Who will definitely benefit? Those who will get money from DAO. That's safe. Nothing else is safe.

Plus: Why should I give my money to an "institution" in which a majority will decide - or those with the biggest voting power? I like it more to make my own research, my own analysis and my own decisions. I don't trust a majority and I don't trust groups with a lot of power. And like I said above: The majority will always have to face a conflict of interest between short-term-loss and possible long-term-profit - which will always involve the risk that there won't be any profit but a loss.

Conclusion: In my opinion DAO is very interesting and will be interesting to watch. There will be much to learn out of it. But out of investor-perspective... I don't understand why so many believe it's a good buy.

I agree it makes no sense to get into the DAO right now (at least via selling LISK). But I'm not sure your conflict of interest holds water.
And let me state I am interested in both the DAO and LISK (and a few other ICO's) and I look forward to LISK having its own DAO as well.

If there is a proposal for a DAO investment that is accepted, why would: 1 - they invest in a project with a far out return that can hurt them? (They would have to manage this.) 2 - they invest in a project that is just going to cash out the ETH? (Look at ETH and BTC both, many of those with lots of "tokens" used those tokens by investing in other companies and those "tokens" were often passed on as such, not necessarily cashed in. This is money after all.
I think you are looking at this from one perspective. You did not take into consideration that the voters of the DAO will HAVE TO consider the points you brought up and if they do and still vote on it, it will have to be for a good reason.  

You describe something like an ideal scenario in which I don't believe. The majority won't even vote for or against a proposal, just hoping for higher prices on the exchange. And the majority of those who will vote will mostly follow the marketing of the leaders. It's very likely that a group will have a lot of power and a lot of influence and make decisions out of own interest. That's totally normal and we see it every where. DAO won't be different but it will involve some more risks.

I really think it is a weak argument to primarily look at the first of its kind type of thing in the DAO, purely from a one sided perspective as you did. I'm not saying your arguments have no truth to them as they do, but you only presented that one side and it is clear to anyone who understands this tech, that you just focused on that one side and that distorts the argument of course, as you present it as the data set and not a part of a larger one.

You say "who understands this tech" but I don't speak about the tech. I see the tech as another risk, but I mainly focus on the "social-experiment-part". And some dynamics are predictable.

The DAO's value can be worth more than the money it has in it for a variety of reasons. The most obvious would be something along the lines of a PE ratio, which is forward looking. The DAO (or a DAO on LISK too) allows people to crowdfund in an incredible flexible way, removing the normal borders. Another reason would be one of a lack of regulation due to the before mentioned reason (And I would imagine this can of course be a negative as well.)

Under the line DAO needs to make money. And if that works out, the price will also rise above the real marketcap because ppl would begin to anticipate success. Nothing else will be real.

Nothing here is safe, huge chance but we are talking another Black Swan type thing here. We know not what it can do and all that it can disrupt.

Black Swans are unexpected events and therefore not predictable. Conflicts in DAO are predictable. It's not safe to predict if DAO will become successful or not, but the conflict in interest is obvious. DAO will have impact on ETH and the ETH-price is the main-factor for the value of DAO. It's even possible that it will be all good with DAO's decisions but problems in Ethereum and a falling ETH-price would lower the DAO-value. It's also possible that everything is good with Ethereum and DAO will invest in a very good project but the selling of DAO/ETH will have impact on the price, maybe just out of psychological reasons (anticipation of selling). Remember the Bitcoin-price after the Ethereum-ICO. Everytime they just moved some Bitcoins the price went down. And the DAO-marketcap is 5 times or even more above the ETH-ICO-value (I believe Ethereum made about $30 Mio in the ICO, but not sure if correct).

Re. Plus - Invest in what you like, but don't make your personal opinions one of reason for the rest. Crowds generally decide much better than individuals do. You can see this trend across many spaces and I'm not exactly sure why but it is there. But that is your reason right there. Another one would be -  If you are not an institutional investor (i.e. rich) you can't invest in many things. Economic discrimination, I mean protection. lol

Like everybody else I just write my own opinion. I don't say that anybody else should make decisions based on my arguments. One of my opinions is btw: I don't believe that Crowds generally decide much better than individuals. Especially in Crypto we often saw the opposite.

 
I agree with your conclusion though.  

Many ways lead to rome!

My point is that your argument was one sided and that in and of itself isn't bad, but you spoke of it as being "Gospel".

True, Rome here we come...

[Its About Sharing]

Hope bittrex so i could sell all and buy DAO ico(130 millions).
I think 90% of lisk holder will dump to buy DAO.

Maybe i will buy later lisk, but priority is DAO now.

It won't make too much sense to dump Lisk to buy DAO. DAO is very expensive now and will become more expensive every day. The marketcap is very high ($162 Mio) and even if it's a very interesting and innovative idea, it's safe to say: There will be problems. Why? There is a conflict of interest in the concept.

Imagine you have a lot of DAO and most DAO-holders also have a lot of ETH. There is a proposal you believe would be a good decision, but you know: If you a majority would vote for it, DAO will invest and that means: sell. DAO will sell ETH or will give ETH to a project to invest in it. That means it will lose Marketcap until there is a return. ETH will most likely also go down because ppl will anticipate sell pressure if a proposal goes through. How many will vote for a longterm-decision that still involves a lot of risk and take the loss in short-term because DAO needs to sell?
 
And why should DAO be worth more on the exchange than the money it has? Because they will make a lot of money?

Let's say they start with $180 Mio and DAO invests in a project, like slock.it or whatever. And let's say DAO invests $10 Mio. How much time will it take to make profit? And will there be profit? And even if, will it be that much profit to justify prices above a current marketcap?

The question in DAO is: Who will definitely benefit? Those who will get money from DAO. That's safe. Nothing else is safe.

Plus: Why should I give my money to an "institution" in which a majority will decide - or those with the biggest voting power? I like it more to make my own research, my own analysis and my own decisions. I don't trust a majority and I don't trust groups with a lot of power. And like I said above: The majority will always have to face a conflict of interest between short-term-loss and possible long-term-profit - which will always involve the risk that there won't be any profit but a loss.

Conclusion: In my opinion DAO is very interesting and will be interesting to watch. There will be much to learn out of it. But out of investor-perspective... I don't understand why so many believe it's a good buy.

I agree it makes no sense to get into the DAO right now (at least via selling LISK). But I'm not sure your conflict of interest holds water.
And let me state I am interested in both the DAO and LISK (and a few other ICO's) and I look forward to LISK having its own DAO as well.

If there is a proposal for a DAO investment that is accepted, why would: 1 - they invest in a project with a far out return that can hurt them? (They would have to manage this.) 2 - they invest in a project that is just going to cash out the ETH? (Look at ETH and BTC both, many of those with lots of "tokens" used those tokens by investing in other companies and those "tokens" were often passed on as such, not necessarily cashed in. This is money after all.
I think you are looking at this from one perspective. You did not take into consideration that the voters of the DAO will HAVE TO consider the points you brought up and if they do and still vote on it, it will have to be for a good reason.  

You describe something like an ideal scenario in which I don't believe. The majority won't even vote for or against a proposal, just hoping for higher prices on the exchange. And the majority of those who will vote will mostly follow the marketing of the leaders. It's very likely that a group will have a lot of power and a lot of influence and make decisions out of own interest. That's totally normal and we see it every where. DAO won't be different but it will involve some more risks.

I really think it is a weak argument to primarily look at the first of its kind type of thing in the DAO, purely from a one sided perspective as you did. I'm not saying your arguments have no truth to them as they do, but you only presented that one side and it is clear to anyone who understands this tech, that you just focused on that one side and that distorts the argument of course, as you present it as the data set and not a part of a larger one.

You say "who understands this tech" but I don't speak about the tech. I see the tech as another risk, but I mainly focus on the "social-experiment-part". And some dynamics are predictable.

The DAO's value can be worth more than the money it has in it for a variety of reasons. The most obvious would be something along the lines of a PE ratio, which is forward looking. The DAO (or a DAO on LISK too) allows people to crowdfund in an incredible flexible way, removing the normal borders. Another reason would be one of a lack of regulation due to the before mentioned reason (And I would imagine this can of course be a negative as well.)

Under the line DAO needs to make money. And if that works out, the price will also rise above the real marketcap because ppl would begin to anticipate success. Nothing else will be real.

Nothing here is safe, huge chance but we are talking another Black Swan type thing here. We know not what it can do and all that it can disrupt.

Black Swans are unexpected events and therefore not predictable. Conflicts in DAO are predictable. It's not safe to predict if DAO will become successful or not, but the conflict in interest is obvious. DAO will have impact on ETH and the ETH-price is the main-factor for the value of DAO. It's even possible that it will be all good with DAO's decisions but problems in Ethereum and a falling ETH-price would lower the DAO-value. It's also possible that everything is good with Ethereum and DAO will invest in a very good project but the selling of DAO/ETH will have impact on the price, maybe just out of psychological reasons (anticipation of selling). Remember the Bitcoin-price after the Ethereum-ICO. Everytime they just moved some Bitcoins the price went down. And the DAO-marketcap is 5 times or even more above the ETH-ICO-value (I believe Ethereum made about $30 Mio in the ICO, but not sure if correct).

Re. Plus - Invest in what you like, but don't make your personal opinions one of reason for the rest. Crowds generally decide much better than individuals do. You can see this trend across many spaces and I'm not exactly sure why but it is there. But that is your reason right there. Another one would be -  If you are not an institutional investor (i.e. rich) you can't invest in many things. Economic discrimination, I mean protection. lol

Like everybody else I just write my own opinion. I don't say that anybody else should make decisions based on my arguments. One of my opinions is btw: I don't believe that Crowds generally decide much better than individuals. Especially in Crypto we often saw the opposite.

 
I agree with your conclusion though.  

Many ways lead to rome!

consensus investing never makes money unless it's a conspiracy to manipulate a market.
contrarian investing makes money.
DAO is quasi consensus and is open to conspiracies and fraud.

Well, we can hope when LISK does their DAO that we learn from Ethereum, eh?

[ZonedOutSpace]

Will there be a windows client on launch tomorrow?

No, not a simple one. If you have technical knowledge you will be able to use the docker image for windows. The webwallet IS available, so you can freely send you Lisk from there.

Ahh disappointing, I'll try my luck with the docker image.
Cheers

[fuze0000]

[ParabolicMaster]

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.

I expect intro at around $2, and hard swings between $1.50-$5 for a few weeks. No reason we won't stabilize around $3-$5 considering ETH at $10+

lets convert this bullshit into reality

bullshit translation

inrto at $2 = $200,MILLION Market cap
swings between $1.50-$5 = $150 MILLION - $500,000,000 MILLION Market Cap

no reason it can't stablize around $3-$5 = $300 MILLION - $500 MILLION

now its written in plain english not bullshit you decide

Here's what I know, you don't know the truth and neither do I. Paycoin, Aurora, Litecoin, lots of example of nonsense no real world application coins sky rocketed.

I think 30-40 cents is more reasonable. If I'm right, I'm right. If I'm wrong, I'm wealthier.

I like that. If im wrong im whealtier !
But i think your right im affraid

[souljah1h]

Almost page 900! Will we reach 1000 before launch?

[atchoum6760]

so the distribution will be tommorow? I cannot see my balanace at lisk.ico - or is it my fault?

You can see on My lisk key with the bonus.

https://ico.lisk.io/

[fuze0000]

Hope bittrex so i could sell all and buy DAO ico(130 millions).
I think 90% of lisk holder will dump to buy DAO.

Maybe i will buy later lisk, but priority is DAO now.

It won't make too much sense to dump Lisk to buy DAO. DAO is very expensive now and will become more expensive every day. The marketcap is very high ($162 Mio) and even if it's a very interesting and innovative idea, it's safe to say: There will be problems. Why? There is a conflict of interest in the concept.

Imagine you have a lot of DAO and most DAO-holders also have a lot of ETH. There is a proposal you believe would be a good decision, but you know: If you a majority would vote for it, DAO will invest and that means: sell. DAO will sell ETH or will give ETH to a project to invest in it. That means it will lose Marketcap until there is a return. ETH will most likely also go down because ppl will anticipate sell pressure if a proposal goes through. How many will vote for a longterm-decision that still involves a lot of risk and take the loss in short-term because DAO needs to sell?
 
And why should DAO be worth more on the exchange than the money it has? Because they will make a lot of money?

Let's say they start with $180 Mio and DAO invests in a project, like slock.it or whatever. And let's say DAO invests $10 Mio. How much time will it take to make profit? And will there be profit? And even if, will it be that much profit to justify prices above a current marketcap?

The question in DAO is: Who will definitely benefit? Those who will get money from DAO. That's safe. Nothing else is safe.

Plus: Why should I give my money to an "institution" in which a majority will decide - or those with the biggest voting power? I like it more to make my own research, my own analysis and my own decisions. I don't trust a majority and I don't trust groups with a lot of power. And like I said above: The majority will always have to face a conflict of interest between short-term-loss and possible long-term-profit - which will always involve the risk that there won't be any profit but a loss.

Conclusion: In my opinion DAO is very interesting and will be interesting to watch. There will be much to learn out of it. But out of investor-perspective... I don't understand why so many believe it's a good buy.

I agree it makes no sense to get into the DAO right now (at least via selling LISK). But I'm not sure your conflict of interest holds water.
And let me state I am interested in both the DAO and LISK (and a few other ICO's) and I look forward to LISK having its own DAO as well.

If there is a proposal for a DAO investment that is accepted, why would: 1 - they invest in a project with a far out return that can hurt them? (They would have to manage this.) 2 - they invest in a project that is just going to cash out the ETH? (Look at ETH and BTC both, many of those with lots of "tokens" used those tokens by investing in other companies and those "tokens" were often passed on as such, not necessarily cashed in. This is money after all.
I think you are looking at this from one perspective. You did not take into consideration that the voters of the DAO will HAVE TO consider the points you brought up and if they do and still vote on it, it will have to be for a good reason.  

You describe something like an ideal scenario in which I don't believe. The majority won't even vote for or against a proposal, just hoping for higher prices on the exchange. And the majority of those who will vote will mostly follow the marketing of the leaders. It's very likely that a group will have a lot of power and a lot of influence and make decisions out of own interest. That's totally normal and we see it every where. DAO won't be different but it will involve some more risks.

I really think it is a weak argument to primarily look at the first of its kind type of thing in the DAO, purely from a one sided perspective as you did. I'm not saying your arguments have no truth to them as they do, but you only presented that one side and it is clear to anyone who understands this tech, that you just focused on that one side and that distorts the argument of course, as you present it as the data set and not a part of a larger one.

You say "who understands this tech" but I don't speak about the tech. I see the tech as another risk, but I mainly focus on the "social-experiment-part". And some dynamics are predictable.

The DAO's value can be worth more than the money it has in it for a variety of reasons. The most obvious would be something along the lines of a PE ratio, which is forward looking. The DAO (or a DAO on LISK too) allows people to crowdfund in an incredible flexible way, removing the normal borders. Another reason would be one of a lack of regulation due to the before mentioned reason (And I would imagine this can of course be a negative as well.)

Under the line DAO needs to make money. And if that works out, the price will also rise above the real marketcap because ppl would begin to anticipate success. Nothing else will be real.

Nothing here is safe, huge chance but we are talking another Black Swan type thing here. We know not what it can do and all that it can disrupt.

Black Swans are unexpected events and therefore not predictable. Conflicts in DAO are predictable. It's not safe to predict if DAO will become successful or not, but the conflict in interest is obvious. DAO will have impact on ETH and the ETH-price is the main-factor for the value of DAO. It's even possible that it will be all good with DAO's decisions but problems in Ethereum and a falling ETH-price would lower the DAO-value. It's also possible that everything is good with Ethereum and DAO will invest in a very good project but the selling of DAO/ETH will have impact on the price, maybe just out of psychological reasons (anticipation of selling). Remember the Bitcoin-price after the Ethereum-ICO. Everytime they just moved some Bitcoins the price went down. And the DAO-marketcap is 5 times or even more above the ETH-ICO-value (I believe Ethereum made about $30 Mio in the ICO, but not sure if correct).

Re. Plus - Invest in what you like, but don't make your personal opinions one of reason for the rest. Crowds generally decide much better than individuals do. You can see this trend across many spaces and I'm not exactly sure why but it is there. But that is your reason right there. Another one would be -  If you are not an institutional investor (i.e. rich) you can't invest in many things. Economic discrimination, I mean protection. lol

Like everybody else I just write my own opinion. I don't say that anybody else should make decisions based on my arguments. One of my opinions is btw: I don't believe that Crowds generally decide much better than individuals. Especially in Crypto we often saw the opposite.

 
I agree with your conclusion though.  

Many ways lead to rome!

My point is that your argument was one sided and that in and of itself isn't bad, but you spoke of it as being "Gospel".

True, Rome here we come...

I really wish I knew who you were quoting.

[Emperor of Man]

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.

I expect intro at around $2, and hard swings between $1.50-$5 for a few weeks. No reason we won't stabilize around $3-$5 considering ETH at $10+

lets convert this bullshit into reality

bullshit translation

inrto at $2 = $200,MILLION Market cap
swings between $1.50-$5 = $150 MILLION - $500,000,000 MILLION Market Cap

no reason it can't stablize around $3-$5 = $300 MILLION - $500 MILLION

now its written in plain english not bullshit you decide

So what? The numbers are big, so it's impossible? That conclusion feels like an ork in the warhammer 40,000 world made it!  

Note that the whole cryptocurrency market is worth a few billion USDs right now, and IMHO it's a very small number compared to the potential of cryptocurrency. Many small-time companies that are unheard of for many of us, are worth more than the whole cryptocurrency market right now.

I don't expect lisk to be $10 in the first day, but I believe It's up to good cryptos to make the market bigger, and I hope lisk will be one of them.  

[axlroses]

WELCOME PAGE 900