ePesoInitiative
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September 18, 2019, 07:26:05 PM |
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Yeah having some financials infos is great to help investors. I remember Crypti runned out of fund, hope It will not happen to lisk also. Anyone remembers that line, "Lisk is risk"? It was tweeted years ago by some crypto Twitter influencer. Anyway, the Lisk Foundation must get donors before they run out of funds, maybe from enterprises that plan to build on top of Lisk.
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TomThumb
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September 20, 2019, 05:16:46 PM |
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thandie
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September 20, 2019, 08:40:51 PM Last edit: September 20, 2019, 08:55:34 PM by thandie |
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what should I watch there? That ~200 000 LSK of the community fund are going back to their donators, whereof at least a part of them will dump it immediately at exchanges and thereby rekt the prices further? *yawn2*, or maybe better :headdesk:
You think Max will dump his 100k LSK? Not very likely but, well, who knows...
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Deathrow
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September 26, 2019, 07:23:13 PM |
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I think this is an absolute shitcoin but i have to say..... you are very honest to show your financial statements, bravo
Still wont buy until around 0.2$ so make me happy plz and dump a little
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Searing
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Clueless!
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September 26, 2019, 07:26:41 PM |
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I think this is an absolute shitcoin but i have to say..... you are very honest to show your financial statements, bravo
Still wont buy until around 0.2$ so make me happy plz and dump a little
It is heading for what I bought in at on the ICO of 4/5ths of the total LISK I own. Exactly bought in at 25c per share ..when the ICO launched. (unsure if first run or 2nd run or whatever) I am sure it was 25c per LISK. They need to step things up, even with the BTC price bump they are barely hanging on by a thread. Of course same thing for the last of my altcoins I own Siacoin and also bought in on LTC at 85 bucks.... sh*t flows downhill I guess brad
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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ePesoInitiative
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September 26, 2019, 08:25:21 PM |
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I think this is an absolute shitcoin but i have to say..... you are very honest to show your financial statements, bravo
Still wont buy until around 0.2$ so make me happy plz and dump a little
It is heading for what I bought in at on the ICO of 4/5ths of the total LISK I own. Exactly bought in at 25c per share ..when the ICO launched. (unsure if first run or 2nd run or whatever) I am sure it was 25c per LISK. They need to step things up, even with the BTC price bump they are barely hanging on by a thread. Of course same thing for the last of my altcoins I own Siacoin and also bought in on LTC at 85 bucks.... sh*t flows downhill I guess brad From what I see in coinmarketcap, only the Binance coin survived the apocalypse. It is hard to pinpoint the exact value of cryptocurrencies since most if not all are still speculative. Anyway, it is a curse but also a boon since more new speculators might coming around alts again.
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lestherat
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September 27, 2019, 03:02:18 AM |
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The Lisk Foundation is liquidating its assets in an on-going strategy to provide enough liquidity for the projects expenses. Currently, they are following the rule to have enough fiat to cover 12 months of expenses. In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation: 4.488,71406161 BCH on July 5th 8.488,69406759 BSV on July 5th 8.488,6940663 BTG on July 10th 84.886,9406727 BCD on July 10th They liquidated them into: 1.026.612,11 CHF in July 1.770.977,32 CHF in August This totaled at 2.797.721,90 CHF. To sustain 12 months in FIAT, we are looking to further liquidate some of our crypto assets. We will liquidate all remaining 4000 BCH, and enough BTC to sustain approximately 12 months again. They spend 934,910.52 CHF in August for expenses like Development, Marketing, Bounties and operations, so right now they have the CHF to cover almost 4 months, not counting other currencies. By the way, Lisk foundation should buy Bitcoin right now, and not liquidating crypto assets.
If big players of crypto are liquidating at this price, near future is not looking good for us This is the Total Assets Held by the Lisk Foundation
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bct_ail
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https://t1p.de/6ghrf
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September 27, 2019, 07:39:30 AM |
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In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation:
This is the Total Assets Held by the Lisk Foundation
Where do you have the information from?
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Topknotbam
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September 27, 2019, 08:03:56 AM |
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In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation:
This is the Total Assets Held by the Lisk Foundation
Where do you have the information from? here if missed
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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~Money~
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September 27, 2019, 08:34:30 AM |
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The Lisk Foundation is liquidating its assets in an on-going strategy to provide enough liquidity for the projects expenses. Currently, they are following the rule to have enough fiat to cover 12 months of expenses. In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation: 4.488,71406161 BCH on July 5th 8.488,69406759 BSV on July 5th 8.488,6940663 BTG on July 10th 84.886,9406727 BCD on July 10th They liquidated them into: 1.026.612,11 CHF in July 1.770.977,32 CHF in August This totaled at 2.797.721,90 CHF. To sustain 12 months in FIAT, we are looking to further liquidate some of our crypto assets. We will liquidate all remaining 4000 BCH, and enough BTC to sustain approximately 12 months again. They spend 934,910.52 CHF in August for expenses like Development, Marketing, Bounties and operations, so right now they have the CHF to cover almost 4 months, not counting other currencies. By the way, Lisk foundation should buy Bitcoin right now, and not liquidating crypto assets.
If big players of crypto are liquidating at this price, near future is not looking good for us This is the Total Assets Held by the Lisk Foundation selling these coins on such low prices doesnt seems logical, unless there is another news that we are not aware of that ! is there anything we (the project followers, at least since the beginning) need to be aware of? and one more little question is that, why there is a need of 12 month ahead fiat backup?
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Searing
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Clueless!
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September 27, 2019, 02:47:57 PM |
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The Lisk Foundation is liquidating its assets in an on-going strategy to provide enough liquidity for the projects expenses. Currently, they are following the rule to have enough fiat to cover 12 months of expenses. In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation: 4.488,71406161 BCH on July 5th 8.488,69406759 BSV on July 5th 8.488,6940663 BTG on July 10th 84.886,9406727 BCD on July 10th They liquidated them into: 1.026.612,11 CHF in July 1.770.977,32 CHF in August This totaled at 2.797.721,90 CHF. To sustain 12 months in FIAT, we are looking to further liquidate some of our crypto assets. We will liquidate all remaining 4000 BCH, and enough BTC to sustain approximately 12 months again. They spend 934,910.52 CHF in August for expenses like Development, Marketing, Bounties and operations, so right now they have the CHF to cover almost 4 months, not counting other currencies. By the way, Lisk foundation should buy Bitcoin right now, and not liquidating crypto assets.
If big players of crypto are liquidating at this price, near future is not looking good for us This is the Total Assets Held by the Lisk Foundation As you can see above this liquidation is all about keeping their nice jobs as coders....why pesky work for someone else...when you can liquidate LISK and get another year of self-employment as coders out of this LISK project. So naw, they will drain this to the bone before having to work for someone else again. Long term planning like buying Bitcoin and other such is not as sure a thing as funding your project 1 year into the future. IF no future arrives that works and LISK dies..hell, at least you had a few years of trying to be independent and then you go off and work as a coder someplace else. The way they manage is all about status quo..the only risk the devs ever had was the original ICO and they have made plenty of BTC off that by now to do as they please. Human nature the above hedge is.
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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Termie
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September 27, 2019, 06:11:14 PM |
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"On 25th September Rachel, Tech Evangelist at Lightcurve, posted on Discord the message about her intention to leave Lisk for a new challenge." Source: Lisk Magazine
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Searing
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Clueless!
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September 27, 2019, 10:56:24 PM |
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"On 25th September Rachel, Tech Evangelist at Lightcurve, posted on Discord the message about her intention to leave Lisk for a new challenge." Source: Lisk Magazine So it begins! (sigh)
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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lestherat
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Activity: 986
Merit: 1001
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September 28, 2019, 03:43:09 AM |
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The Lisk Foundation is liquidating its assets in an on-going strategy to provide enough liquidity for the projects expenses. Currently, they are following the rule to have enough fiat to cover 12 months of expenses. In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation: 4.488,71406161 BCH on July 5th 8.488,69406759 BSV on July 5th 8.488,6940663 BTG on July 10th 84.886,9406727 BCD on July 10th They liquidated them into: 1.026.612,11 CHF in July 1.770.977,32 CHF in August This totaled at 2.797.721,90 CHF. To sustain 12 months in FIAT, we are looking to further liquidate some of our crypto assets. We will liquidate all remaining 4000 BCH, and enough BTC to sustain approximately 12 months again. They spend 934,910.52 CHF in August for expenses like Development, Marketing, Bounties and operations, so right now they have the CHF to cover almost 4 months, not counting other currencies. By the way, Lisk foundation should buy Bitcoin right now, and not liquidating crypto assets.
If big players of crypto are liquidating at this price, near future is not looking good for us This is the Total Assets Held by the Lisk Foundation As you can see above this liquidation is all about keeping their nice jobs as coders....why pesky work for someone else...when you can liquidate LISK and get another year of self-employment as coders out of this LISK project. So naw, they will drain this to the bone before having to work for someone else again. Long term planning like buying Bitcoin and other such is not as sure a thing as funding your project 1 year into the future. IF no future arrives that works and LISK dies..hell, at least you had a few years of trying to be independent and then you go off and work as a coder someplace else. The way they manage is all about status quo..the only risk the devs ever had was the original ICO and they have made plenty of BTC off that by now to do as they please. Human nature the above hedge is. You are right, with the fiat funds and the crypto assets they have, Lisk foundation can survive the next 3-4 years without the need to do something else, our only concern is if they gonna liquidated the 7 million Lisk coins they own in reserve, i hope Mark still in love with Lisk in a few years . By the way, i had to restore my laptop and i lose the txt file with my passphrases, i found a paper with the words written and only the first one works, but the second passphrase is not working, i think i wrote bad the second one, so my question is, there is no hope to recover that funds right ? Friendly advice, dont trust in nobody, even in yourself
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3x2
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September 28, 2019, 04:09:42 AM |
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There is new Lisk core design coming up this year. The new design will cover the Restful services so we can now utilize the core services from our web for Lisk.
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TeraBite
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September 28, 2019, 08:13:42 AM |
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is if they gonna liquidated the 7 million Lisk coins they own in reserve, i hope Mark still in love with Lisk in a few years . This is a very large number of coins, if half is sent to the market, then the price of the coin will completely drop to the bottom. Let's hope this does not happen, or will be long and gradual. Big whales always use this kind of tricks to create panic situation in the market to grab coins at cheap price. They create fake news and let weak hands to dump on their orders and after that they sale on big news so have patience nothing going to happen wrong.
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~Money~
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September 28, 2019, 06:39:23 PM |
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is if they gonna liquidated the 7 million Lisk coins they own in reserve, i hope Mark still in love with Lisk in a few years . This is a very large number of coins, if half is sent to the market, then the price of the coin will completely drop to the bottom. Let's hope this does not happen, or will be long and gradual. Big whales always use this kind of tricks to create panic situation in the market to grab coins at cheap price. They create fake news and let weak hands to dump on their orders and after that they sale on big news so have patience nothing going to happen wrong. yes they do, and mostly they are successful in making those panics in both sell and also buy zones thats why sentimentals are the best source of earnings in tradings :-"
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