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Author Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers  (Read 3074140 times)
Vidale
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May 24, 2016, 02:13:59 PM
 #18381

Now, this is a story all about how
Lisk price got flipped-turned, crashed, all the way down.
And I’d like to take a minute
Just sit right there
I’ll tell you how everyone began to cry, wail, whine and despair.
someonesomeone
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May 24, 2016, 02:14:13 PM
 #18382

Also Lambos are meh... Here is a car:

ensjovis
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May 24, 2016, 02:14:57 PM
 #18383

Lisk is risk.

Disclaimer: I hold ETH

tempus
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May 24, 2016, 02:16:00 PM
 #18384

Lisk is risk.

Disclaimer: I hold ETH




I would say, ETH is also not without some risk. Take a look at the ETH-chart. ;-)
p75formula
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May 24, 2016, 02:16:11 PM
 #18385

Lisk is risk.

Disclaimer: I hold ETH


Risk = Reward = Lisk

QeD
kpierce77
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May 24, 2016, 02:18:43 PM
 #18386

This is probably a dumb question, but where on the ICO or main Lisk page can I specify an exchange address to send some of my ICO tokens to? Or will that functionality not be online until the actual launch?
p75formula
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May 24, 2016, 02:18:50 PM
 #18387

If you're angry and not having fun with this, you aren't doing it right.
ensjovis
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May 24, 2016, 02:18:58 PM
 #18388

Buterin does NOT approve.

FandangledGizmo
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May 24, 2016, 02:19:15 PM
 #18389

Ether is crashing right now!

I actually went short ETH yesterday pretty big Smiley

While opening day trading is anyone's guess, I think LISK has the potential to be far more competitive than ETH long term.

I will actually be going Short ETH at about the time.

The DAO crowdfund has removed a lot of ETH from circulation which is price positive for ETH short term.
Once that is over, the short term supply removal will be over and the reverse supply dynamics will be in effect (ETH in DAO will be invested and spent by the receivers putting downward pressure on ETH.)

On top of that ETH has high inflation so at a $1.2-1.5 Billion valuation, the constant new demand ETH requires just to offset mining is even more than BTC needs to sustain it's price after the halving.

Meanwhile LISK has lower inflation and has already raised the cash in BTC that it will be using to fund LISK development for the following year so the spending of that that won't have a LISK price suppressive effect but will constantly raise it's value as more things are developed. 


LISK already has a built in DAO of sorts in the form of the DPOS 101 delegate system.

With LISK you could vote for 101 delegates who give the majority of their funding to LISK DAPPS.

So at a Billion dollar valuation ETH is spending hundreds of millions of dollars on mining while LISK at the same valuation would be spending much less, due to lower inflation & more importantly at the end of the year, instead of all that money having been spent on mining, 101 LISK DAPPS could have been funded with >$1 000 000 each. (In return the LISK ecosystem is developed and they could even give income they receive to LISK holders in return for the initial funding, the possibilities are endless.)

In terms of competitiveness LISK would rapidly outpace ETH.

Alternatively LISK users could also vote for delegates who burn the majority of LISK they receive thereby making the inflation minuscule compared to ETH and make it much easier to overtake it with much less demand.

So LISK can obviously and may also add an ETH type DAO but it is already from the outset much more competitively designed imo.
cannabanana
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May 24, 2016, 02:20:41 PM
 #18390

Now, this is a story all about how
Lisk price got flipped-turned, crashed, all the way down.
And I’d like to take a minute
Just sit right there
I’ll tell you how everyone began to cry, wail, whine and despair.


In West Cryptodelphia born and raised, on the exchanges is where I spend most of my days,

chillin out maxin, relaxin all cool and taking money from noobs back at the school

When a couple of FUDDERS who were up to no good, started making trouble in my neighborhood

I got in 1 little war and my mom got some riches, she said your going to teach a lesson to all these dumb bitches.
Pietpiraat
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May 24, 2016, 02:21:03 PM
 #18391

Even if i can buy a nice bmw 330 i am happy  Grin
TrueAnon
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May 24, 2016, 02:21:24 PM
 #18392


Why are you so poor bro? Cant afford to buy something even with just $1 lol

Yes you are right as I must support rest of my life with buying cabbage in Romania at market price. Sad
ensjovis
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May 24, 2016, 02:21:34 PM
 #18393

Even if i can buy a nice bmw 330 i am happy  Grin

souljah1h
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May 24, 2016, 02:22:37 PM
 #18394

This is probably a dumb question, but where on the ICO or main Lisk page can I specify an exchange address to send some of my ICO tokens to? Or will that functionality not be online until the actual launch?
No such things as dumb questions sir! You have to wait untill the actual launch. After that import the keys into your wallet and your funds will be available.

_@/'
kpierce77
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May 24, 2016, 02:25:40 PM
 #18395

This is probably a dumb question, but where on the ICO or main Lisk page can I specify an exchange address to send some of my ICO tokens to? Or will that functionality not be online until the actual launch?
No such things as dumb questions sir! You have to wait untill the actual launch. After that import the keys into your wallet and your funds will be available.

Thank you sir!
mikesheadroom
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May 24, 2016, 02:31:13 PM
 #18396

This is probably a dumb question, but where on the ICO or main Lisk page can I specify an exchange address to send some of my ICO tokens to? Or will that functionality not be online until the actual launch?

The procedure on how to access and transfer Lisk is explained here:  https://blog.lisk.io/how-to-access-your-lisk-account-2ab156e026ac?source=latest#a234

Quote
6. Send LSK to another address.

If you want to send LSK to another address you have to press the SEND button in the top right corner. After you have clicked on the SEND button a modal pops up in which you have to type in the address of the recipient and the LSK amount you want to send. Please be aware of the 0.1 LSK fee associated with every transaction.

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orlofff
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May 24, 2016, 02:31:22 PM
 #18397

ethe big dump!
cannabanana
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May 24, 2016, 02:33:36 PM
 #18398

ethe big dump!

prediction? Cheesy good day for lisk.

ETH having a bad day, they sprung a leak and it's flowing into the Lisk bucket.
TorinT
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May 24, 2016, 02:35:40 PM
 #18399

Eth dump?! Yes, people sell to buy Lisk under the ICO price.  Grin
cannabanana
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May 24, 2016, 02:38:18 PM
 #18400

Eth dump?! Yes, people sell to buy Lisk under the ICO price.  Grin
put your buy order in, let us know what price.  100% guarantee it wont get filled if it's under ICO price.
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