tyz
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Merit: 1533
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November 28, 2020, 11:43:43 PM |
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I do not see any partnerships and projects which could bring something up that could recover and push the price. The question is how long their financial backups are enough to maintain the development and operations. Based on their financial reports of the last months [1][2], they burn 275 Bitcoins every months and you can see their financial reserves melting like ice in the sun. I have made a rough estimate: If it continues like this, then the reserves should last for another 12-14 months. [1] https://lisk.io/blog/foundation/financial-update-september-2020[2] https://lisk.io/blog/foundation/financial-update-october-2020
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Topknotbam
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Activity: 1938
Merit: 1014
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December 02, 2020, 02:13:54 PM |
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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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HodlerCompany
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Hodler Enterprises
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December 08, 2020, 08:01:36 AM |
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Topknotbam
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Merit: 1014
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December 09, 2020, 03:36:47 PM Last edit: December 10, 2020, 03:27:12 PM by Topknotbam |
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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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PS1987
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December 14, 2020, 03:38:51 PM |
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Not really convincing for me. Same phrases said for many years and progress wasn't really that great compared to for example Waves. Marketing expenditures 200k every month for a few team members and almost no public relation? Oh come on To me it seems he still doesn't really have a business plan, also sentences like "We can do whatever we want with our LSK tokens" may be honest but still shouldn't communicated public. Foundation lasts a few months more before they are bankrupt, Lisk is a dead project, sry, saying this as a former supporter.
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Searing
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Merit: 1465
Clueless!
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December 14, 2020, 07:32:18 PM Last edit: December 21, 2020, 07:59:59 PM by Searing |
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Not really convincing for me. Same phrases said for many years and progress wasn't really that great compared to for example Waves. Marketing expenditures 200k every month for a few team members and almost no public relation? Oh come on To me it seems he still doesn't really have a business plan, also sentences like "We can do whatever we want with our LSK tokens" may be honest but still shouldn't communicated public. Foundation lasts a few months more before they are bankrupt, Lisk is a dead project, sry, saying this as a former supporter. was waiting..but likely will dump my 8,500 LISK in 2021..just to make taxes easier...same with Siacoin....no pump evident..better off just taking a loss on both and moving to Bitcoin. Nothing about LISK has been of any note for last 2 years...indeed..they just seem to be burning through development money just to be (added lost in post) able to keep their hand in and play with development like a rich man's game...no pressure on deadlines in all the devs with the initial BTC into the ICO for LISK are set for life..you can tell this by the 'hobby' nature of development and not really caring IMHO about any progress...just a rich man's dev toy to play with and go through the motions now it seems. i've seen this with ASIC POW miner projects...1st batch great, made the $$$ firmware fixes, updates, 2nd run..yawn..why bother we made our pre-order BTC and have no 'issues' anymore. 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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MrSunshine
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December 15, 2020, 03:49:56 PM |
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Sure sell all now, just before alts boom, you will regret it later. was waiting..but likely will dump my 8,500 LISK in 2021..just to make taxes easier...same with Siacoin....no pump evident..better off just taking a loss
on both and moving to Bitcoin.
Nothing about LISK has been of any note for last 2 years...indeed..they just seem to be burning through development money just to be
Brad
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Searing
Copper Member
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Activity: 2898
Merit: 1465
Clueless!
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December 15, 2020, 07:15:39 PM |
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Sure sell all now, just before alts boom, you will regret it later. was waiting..but likely will dump my 8,500 LISK in 2021..just to make taxes easier...same with Siacoin....no pump evident..better off just taking a loss
on both and moving to Bitcoin.
Nothing about LISK has been of any note for last 2 years...indeed..they just seem to be burning through development money just to be
Brad
I said 2021..i also think that the 'dubious' Trump held-wallets regulation will likely come through and also the mt.gox stuff.. so we will be looking at a downturn in price on such FUD. Short-term say 3-4 months until clarified on both. I'm pretty sure the Trump Admin 'clarity' of BTC/Crypto rules will suck short term and a lot of drama. Thus me waiting till sometime in 2021 and indeed sometime after the altcoin bloom as you say...i just think blowing past $20k and staying there is not gonna happen till at least end of Spring 2021. If I'm wrong, I'm happy. If I'm right...cheap coin. 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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PS1987
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December 17, 2020, 12:04:51 AM |
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Sure sell all now, just before alts boom, you will regret it later. was waiting..but likely will dump my 8,500 LISK in 2021..just to make taxes easier...same with Siacoin....no pump evident..better off just taking a loss
on both and moving to Bitcoin.
Nothing about LISK has been of any note for last 2 years...indeed..they just seem to be burning through development money just to be
Brad
I said 2021..i also think that the 'dubious' Trump held-wallets regulation will likely come through and also the mt.gox stuff.. so we will be looking at a downturn in price on such FUD. Short-term say 3-4 months until clarified on both. I'm pretty sure the Trump Admin 'clarity' of BTC/Crypto rules will suck short term and a lot of drama. Thus me waiting till sometime in 2021 and indeed sometime after the altcoin bloom as you say...i just think blowing past $20k and staying there is not gonna happen till at least end of Spring 2021. If I'm wrong, I'm happy. If I'm right...cheap coin. brad Well, aged well
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jubalix
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Activity: 2632
Merit: 1023
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December 18, 2020, 09:15:45 PM |
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taking a look at their financials is seems they liquidate 275 BTC and pay most it to themselves.
I can't help but think they would be better of just buying up lisk on the market. This may raise price and draw interest in from outside devs who hold the coin then see the wroth in doing something with it.
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jubalix
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Activity: 2632
Merit: 1023
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December 18, 2020, 09:35:54 PM |
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so in the lisk ico they collected 14000 BTC so at 20K a bitcoin that's 280M which is more than their market cap....now....
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ewibit
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Merit: 1050
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December 19, 2020, 10:37:41 AM |
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the best would be they would pay back the investors the BTC, ETH etc. and never show up in the crypto world again; - professional ban
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Midgard
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December 19, 2020, 03:52:35 PM |
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Nobody here expects them to return something or inject money into their own project through large purchases, they have not done anything for years, now that they have more money they will continue to do nothing.
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Topknotbam
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December 28, 2020, 10:44:44 AM Last edit: December 30, 2020, 01:15:03 PM by Topknotbam |
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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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befrank
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January 02, 2021, 05:00:02 PM |
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Actually with the current BTC marketcap Lisk is well covered. They have about 2400 BTC in their account, and a few million of other assets. In total more than 80 000 000 at the current price if you make the sum. If BTC will grow like many predict i see Lisk growing just based on the assets in their vault. True, they should maybe focus a bit more on Defi like Waves did, this would help liquidity but I am positive about it. Let's see what 2021 brings! I am sure Max, the ceo likes the Lisk price to go up as well as he is one the biggest holders.
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adamvp
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January 02, 2021, 05:03:35 PM |
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Hello guys, does anyone know if Lisk has any btc in developement left ? I think it would be good to know such numbers and compare it to Lisk marketcap And it would be good to know if devs will update their plans to current btc price.. Oh @befrank you was faster !. So we need to know how devs will react for btc price spike - if they use funds to make developement faster?
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I am looking for signature campaign pm me
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MrSunshine
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January 12, 2021, 01:09:52 PM |
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Just read the post above yours, as they have like 2400 BTC in the fund. Hello guys, does anyone know if Lisk has any btc in developement left ? I think it would be good to know such numbers and compare it to Lisk marketcap And it would be good to know if devs will update their plans to current btc price.. Oh @befrank you was faster !. So we need to know how devs will react for btc price spike - if they use funds to make developement faster?
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Topknotbam
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Merit: 1014
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January 14, 2021, 01:08:58 PM Last edit: January 23, 2021, 06:45:54 PM by Topknotbam |
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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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befrank
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January 14, 2021, 01:14:45 PM |
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Let's hope that Lisk, when intolerability and sidechains are implemented are going to shift focus on liquidity pools. It would greatly help to solve the liquidity of the Lisk token and the tokens launched on the seperate sidechains. There is no greater network than a money-network so I hope the people of Lisk at least consider this.
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qtumcoin
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January 16, 2021, 06:50:52 PM |
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my lisk,s in 8 december2020 is transfer to a uknow adress or i think hack my lisks . My account balance is zero on that date(08/12/2020). What should I do؟ to help me? Why ? what's up?
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