LISK price speculation

[danherbias07]

Putting some of my bitcoins here. Seeing how much it can grow gave me a boost to invest.

[Searing]

Putting some of my bitcoins here. Seeing how much it can grow gave me a boost to invest.

Well my ONE BTC with 10% bonus (which turns out to be really 7.3%) has now turned to 3.65951322 BTC now. BTC price at time
I got the lisk was $415 (at least on paper). So big spender that I am. I will let it 'ride' as it were....

What the heck live a little Now folk with like 20 BTC worth of lisk, it will be chump or champ ..only the future will tell.

(as a tally current is 0.00060598 btc to lisk ...my hoard is 6,039 from ico. or again 3.65951322 btc equivalent.

people without any lisk watching this thread can see how my HUGE ONE BTC investment in lisk pans out

[Dekker3D]

Putting some of my bitcoins here. Seeing how much it can grow gave me a boost to invest.

Well my ONE BTC with 10% bonus (which turns out to be really 7.3%) has now turned to 3.65951322 BTC now. BTC price at time
I got the lisk was $415 (at least on paper). So big spender that I am. I will let it 'ride' as it were....

What the heck live a little Now folk with like 20 BTC worth of lisk, it will be chump or champ ..only the future will tell.

(as a tally current is 0.00060598 btc to lisk ...my hoard is 6,039 from ico. or again 3.65951322 btc equivalent.

people without any lisk watching this thread can see how my HUGE ONE BTC investment in lisk pans out

Yes, that's correct. Lisk holders are now enjoying 3x their ICO price that's why there are a lot of sell orders out there by those who would like to get their profits. I just want to know how low will the price be so I could increase my holdings.

[Dekker3D]

Sellers are active though to monetize their collected Lisk during the ICO period so we might see the prices going down still.

[Nxtblg]

Sellers are active though to monetize their collected Lisk during the ICO period so we might see the prices going down still.

Based upon my reading of the market, that phase is largely over. Of course, I bobbled the change to take advantage.

[bobmarley650]

In this week, we'll see 1 mBTC

[Febo]

Bitcryst 10x

what is Bitcryst?

If this are BitCrystals that are used fro Spell of Genesis game price in BTC is about the same as in crowdsale and is 3 months before launch.

[GreenBits]

Sellers are active though to monetize their collected Lisk during the ICO period so we might see the prices going down still.

This is my feeling, but how suprised I was to see that YoLisk had popped up 5x in the night. Still thinking the correction isn't over, but I will reserve commentary. You just can't predict the hype on this shit.

Disclaimer: holding Doge, so I dont really have a dog in this fight. No pun intended

[x13]

I personally wait until the price is under $0.15 or under 0.10 then I gonna buy a 1 BTC stake. Before it is too risky for me.
Nevertheless, what is the final amount of Lisk. I think it is some kind of POS, right?

[ifightformerkel]

The price is really insane, at this moment 6 times over the ico.  

I thought 10 million would be awesome, but after 1 day we are at 25 million, crazy.

[Febo]

Or 45 times under the first trades on YoBit 2 months ago.

And on Poloniex 30 millions was traded so liek 1/3 of all. People really love to change them.

[poornamelessme]

Sold around 25% of my coins (bought purposely just to get back my initial investment) and now will just let the rest ride.  Somewhat conservative approach, but at least I can't lose anything this way... free lisk basically. I need to still get my signature money + FB bonuses too.

[Hollowman338]

The price is really insane, at this moment 6 times over the ico.  

I thought 10 million would be awesome, but after 1 day we are at 25 million, crazy.

It's a little over 3x ICO at the moment.

..and that aint shit.  Pumpboi faggots are just about cashed out.  Now the real rise will begin 

[Versatile13]

Now the real rise will begin  

... Or not  

*Fingers crossed*

[1ofthemany]

The price is really insane, at this moment 6 times over the ico.  

I thought 10 million would be awesome, but after 1 day we are at 25 million, crazy.

Now the real rise will begin 

Based on what? two incomptetent web developers who own millions of gifted dollars?

[Hollowman338]

The price is really insane, at this moment 6 times over the ico.  

I thought 10 million would be awesome, but after 1 day we are at 25 million, crazy.

Now the real rise will begin 

Based on what? two incomptetent web developers who own millions of gifted dollars?

I'll let the market do the talking.  If you, 1ofthemany, own LISK, please dump.  We don't want you.

[GetVisaCoin]

Anyone who thinks they know which way LISK is heading is probably taking out their ass ... I know I don't, so best to HODL

[deadpoolx]

Somebody can explain me, why LISK better than eth?

LISK HOLDS THE FOLLOWING ADVANTAGES OVER ETHERIUM:

Javascript language simplicity vs Solidity language complexity
Like I said ... easy to write a Javascript compiler to Ethereum bytecode  
Let me know when it's done...or even started.  Even if an Ethereum JavaScript compiler  existed, Solidity is still an unstable language - why paste a compiler on top of it?

100,000+ JavaScript programmers vs. few Solidity programmers
The above argument eliminates this so called advantage of lisk
The above argument is vaporware.  JavaScript programmers can start coding Lisk dapps right now.

Single hash generated  vs. trillions of valid but discarded hashes generated to secure blockchain in one blocktime
Makes no sense at all
I've explained this several times.  Churning out trillions of wasted hashes means lots of wasted electricity - like literally a nuclear powerplant's worth for Bitcoin - and is an ever-growing financial overhead that will ultimately kill the coin.

Cooperative, efficient blockchain generation vs. competitive, wasteful blockchain generation
looks like the same as above
No, it's the key reason Lisk can run on a $9 CHIP computer and Ethereum can't.  Economies of scale hugely favor Lisk over BTC/ETH.

Stable roundtable clockwork forging vs. unsustainable, exponentially growing free-for-all mining
Forging is no different than mining ... just different ways to make the currency
It is so sad to see people that don't understand enough math to get why exponential growth is unsustainable, or why a stable system is different and better from an unstable one.

Dapps on individual sidechains vs. dapps on bloated mainchain
Ethereum dapps are also sidechains .. lol .. you seem to be uninformed
The Ethereum Guide says its dapps are deployed on the mainchain ( https://gavofyork.gitbooks.io/turboethereum/content/dapps_deployment.html ).  Practically, in Ethereum dapps are just specialized "contracts".  There's my showdown cards in this poker hand - what's your counter-reference to prove what you are saying about Ethereum sidechains?  Prove to me that each dapp in Ethereum has its own separate blockchain as they do in Lisk.

Min of 2-4 to max of 101 cheap $35 Pi2 / $9 CHIP microcomputers needed for each sidechain backbone vs. large, unlimited numbers of expensive GPU systems needed for mainchain backbone
The GPU rings will not be used once POS for eth sets in
So...PoS for ETH is vaporware, got it.  How can you know that Eth PoS will run on microcomputers like Lisk does if ETH PoS finally shows up?  What happens to all those sad little GPU miners whose income stream will be cut off?

Sidechain dapps permanently free vs. mainchain perpetual "gas" payments required
Ah ... What can possibly be the use of the beloved LISK then ...
What part of "free" vs. "paying for ETH gas" is so hard to understand?  Free is better.  Lisk is still the exchange coin of choice within the dapp itself.

Difference between Lisk Forging and Ethereum Mining

With Lisk, generating a new block for the blockchain is called "forging" (in the "blacksmith" instead of the "counterfeiter" sense of that term), not mining.  Mining is a Bitcoin / Etherium term that refers to competitive generation of thousands of millions of billions of useless hashes looking for a string of leading zeros in the hash that is a "lucky ticket" declaring a particular miner to be the winner of a reward.  Forging is a cooperative  generation of one and only one necessary hash to secure the Lisk blockchain, for which you are paid a set fee when it's your turn to do it.  During the first year a Lisk forger makes 5 Lisk per block forged, which happens like clockwork about once every 17 minutes, for a total of 150K Lisk in the first year.

In a pure PoS system, the richest coin holders that set up a forging node get most of the rewards from running those nodes.  With DPoS, anybody can set up a forging node no matter how much or how little of the coin they hold, as long as they pay (for Lisk) a 100 coin start fee.   Under DPoS, a poor coin holder / node runner gets the same rewards as a rich coin holder / node runner.  Thus there is incentive for poor coin holders to run a good node to increase their coin holdings.  Since there's a lot more poor coin holders than rich ones, the pool of potential node runners is much bigger.  This is a Good Thing.

Lisk generating only one hash per blocktime is one of its huge advantages over Bitcoin and Ethereum and their huge waste of resources.  

Lisk is literally trillions of times more efficient in CPU cycles per block generated compared to Bitcoin or Ethereum.  This is why Lisk can use really cheap computers, while Bitcoin and Ethereum are trapped forever to use a hugely expensive, wasteful and unneeded overhead infrastructure - all those warehouses full of mining rigs, whether ASIC or GPU based.

Now THAT'S stupid - and most Bitcoin and Ethereum people have no idea just how stupid it is.  

Lisk Coin Inflation Is Much Lower Than Ethereum Coin Inflation

[mookid]

That comparison image of Lisk vs Ethereum is pure crap, its severely misleading, making people think that Lisk holds any advantage over Ethereum.

[Hollowman338]

That comparison image of Lisk vs Ethereum is pure crap, its severely misleading, making people think that Lisk holds any advantage over Ethereum.

Butthurt ETH troll detected