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

[Its About Sharing]

I just read this part in this medium post by Henry Brade and it said:

"So called lightning network is being built on top of the Bitcoin network and already multiple different implementations exist. The lightning network will eventually increase Bitcoin transaction capacity to thousandfold. Additionally so called sidechains have been thought of as a potential method of scaling Bitcoin and sidechains are also in active development."

Bitcoin seems to have a long way to go til they reach sidechains, but guess which currency focuses on sidechains?

Those sidechains have been coming forever.  I remember them talking about them in late 2013 (and I'm sure that wasn't the beginning).  They are the crypto equivalent of nuclear fusion (which is always 20 years away).

When you have a network whose main function is money and it has a value in the Billions (3-10 Billion in the last 2 years), you can't just implement change quickly. The technical reasons are one aspect and then the open source consensus system just doesn't "give in" to change that quickly (by design.)

All these new tokens and such, can afford to make changes. But if anything should be broken with Bitcoin it would set the whole space back. I'm sure Ethereum or the like would step forward in its absence, but we truly need to tread careful. Though I would say, we are going on the slow side, especially with the block size - that is ridiculous.

It is a bit of a double edged sword.

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[bitbitch]

Buy the dip, people 

I should have bought more lisk on the dip!  Doh!

its dropping now People thinking it is garbage, wow, what ever, Im holding! FCK the trolls, ha ha

i think you're trolling...yourself :-)

[dennusd]

I am a Lisker,lisk has huge potential, but
How heavily is the impcat from the millions of Bounty LISK's  on the price?....

They are releasing the 1000000 Lisk from the Early Adopter's campaign in chunks.

first week - 217562 Lisk

second week - 148059 Lisk

634237 Lisk remaining to distribute

Impact on the price totally depends on how many people who receive the bounties decide to hold or sell.

A lot of people who receive Lisk from bounties will see the potential and hold.

But I thought all bounties were already paid out? Did I miss something?

edit: nm... Still too sleepy... It's been divided in 10 weeks of distribution.

[axxo]

I am a Lisker,lisk has huge potential, but
How heavily is the impcat from the millions of Bounty LISK's  on the price?....

They are releasing the 1000000 Lisk from the Early Adopter's campaign in chunks.

first week - 217562 Lisk

second week - 148059 Lisk

634237 Lisk remaining to distribute

Impact on the price totally depends on how many people who receive the bounties decide to hold or sell.

A lot of people who receive Lisk from bounties will see the potential and hold.

But I thought all bounties were already paid out? Did I miss something?

edit: nm... Still too sleepy... It's been divided in 10 weeks of distribution.

All bounties were not released at once to prevent price from crashing.

[ofortuna]

I am a Lisker,lisk has huge potential, but
How heavily is the impcat from the millions of Bounty LISK's  on the price?....

They are releasing the 1000000 Lisk from the Early Adopter's campaign in chunks.

first week - 217562 Lisk

second week - 148059 Lisk

634237 Lisk remaining to distribute

Impact on the price totally depends on how many people who receive the bounties decide to hold or sell.

A lot of people who receive Lisk from bounties will see the potential and hold.

But I thought all bounties were already paid out? Did I miss something?

edit: nm... Still too sleepy... It's been divided in 10 weeks of distribution.

All bounties were not released at once to prevent price from crashing.

The drip distribution must be working since the price is holding strong.

[coinsocieties]

I am a Lisker,lisk has huge potential, but
How heavily is the impcat from the millions of Bounty LISK's  on the price?....

They are releasing the 1000000 Lisk from the Early Adopter's campaign in chunks.

first week - 217562 Lisk

second week - 148059 Lisk

634237 Lisk remaining to distribute

Impact on the price totally depends on how many people who receive the bounties decide to hold or sell.

A lot of people who receive Lisk from bounties will see the potential and hold.

But I thought all bounties were already paid out? Did I miss something?

edit: nm... Still too sleepy... It's been divided in 10 weeks of distribution.

All bounties were not released at once to prevent price from crashing.

The drip distribution must be working since the price is holding strong.

These are not a considered dump with such small undistributed amount. However, weekly distribution eases the team operations.

[staticinstance]

vote for Lisk to be added at cryptopia

https://www.cryptopia.co.nz/Vote

[tomkat]

I am a Lisker,lisk has huge potential, but
How heavily is the impcat from the millions of Bounty LISK's  on the price?....

The bounties are just insignificant pieces of dust imo - even if dumped all at once, the price would drop to ~65k sats

[a335233459]

Be underestimated now

[ofortuna]

can someone pm me before they pump? ty 

[axxo]

I am a Lisker,lisk has huge potential, but
How heavily is the impcat from the millions of Bounty LISK's  on the price?....

The bounties are just insignificant pieces of dust imo - even if dumped all at once, the price would drop to ~65k sats

Even if, I would gladly scoop some of them into my bag.

[someonesomeone]

Just wait until Lisk hits a few more top ties exchanges and also some chinese exchanges. At the moment Polo is the only one and with one market the price is easily manipulated. A whale has been pushing the price down almost since the start but every time the bottom goes higher and higher so sooner or later they won't be able to move the market alone and then the organic growth will start.

That and developments of course... And from what I hear there will be many in the coming weeks and months. The first one should be the community meeting tomorrow.

[Greaves7]

Lisk in flat :/

[Dekker3D]

Lisk in flat :/

This is just a price dip brought by those who would like to profit from their Lisk holdings and it's only temporary.

[ttookk]

Lisk in flat :/

So what? A new baseline is established. Around 80k, mind you. Tomorrow is he community meeting, expect price fluctuation afterwards.

[Wilhelmer]

I am a Lisker,lisk has huge potential, but
How heavily is the impcat from the millions of Bounty LISK's  on the price?....

They are releasing the 1000000 Lisk from the Early Adopter's campaign in chunks.

first week - 217562 Lisk

second week - 148059 Lisk

634237 Lisk remaining to distribute

Impact on the price totally depends on how many people who receive the bounties decide to hold or sell.

A lot of people who receive Lisk from bounties will see the potential and hold.

I'm pretty sure there would be a good amount of people just dumping once the bounties are released.

[someonesomeone]

Even if they do it won't matter... Might just push the price a few k satoshis down but when the weak hands are gone then we will continue as usual. Going up

[Wilhelmer]

Lisk in flat :/

So what? A new baseline is established. Around 80k, mind you. Tomorrow is he community meeting, expect price fluctuation afterwards.

I'm actually hoping the price drops after the meeting

[bitbitch]

Lisk in flat :/

sorry, is that English?

[bitbitch]

we need to push the price down to scare away the irritating naysayers, and then get to work building a great company/ community and a great product.