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Author Topic: Lisk could be a big disappointment...  (Read 2666 times)
tokeweed (OP)
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March 24, 2016, 02:05:03 AM
 #1

A lot of people jumped in on Lisk because they missed out on Ethereum's crowdfunding.  I don't think Lisk will rise like Ethereum did...  Unless they get a banking consortium to use their network. 

Just wondering what you guys think about the project...  I think it's better technically in some aspects but I can see it being a disappointment marketcap-wise.

R


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March 24, 2016, 02:14:50 AM
 #2

It also has competition with Expanse.

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March 24, 2016, 02:23:59 AM
 #3

Kinda hard to say. You never know what will happen between now and mid April. Also Doesn't have to do as well as ethereum to be a success.
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March 24, 2016, 02:28:49 AM
 #4

It also has competition with Expanse.

What's the point of using expanse when it uses the same exact tech as ethereum. At least with lisk it's completely different. I kinda consider expanse as like a test chain/coin for ethereum.
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March 24, 2016, 04:13:31 AM
 #5

I don't know anything about the coin but there do seem to be a lot of threads popping up about it.  That's a great way to pump the coin and it's how I found out about eth.  What's it's symbol?  Is it traded on all the exchanges?  I have only my phone and it's a bitch to search with it.

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March 24, 2016, 04:45:45 AM
 #6

when developers who know javascript choose to use Lisk over whatever ethereum's new language is, ethereum bagholders might be disappointed.  Lisk may have some better ideas for scaling as well.  given that nothing developed on ethereum thus far has any usage whatsoever, we're not even out of the starting gate with these dapp platforms. so far the internet has been the best dapp platform (Bittorrent, Tor, Bitcoin, OpenBazaar).  also, banks are not using ethereum, a bunch of banks are testing blockchain technology, which includes ethereum. but no banks will use ethereum when it becomes common knowledge that ethereum can't scale and the "research problem" of sharding and whatever else they're doing turns out to violate the cap theorem.

ever wonder why they sold tokens, paid for a marketing team, spammed pumpy emails, hyped hyped hyped and hyped some more long before having their finished product? because they know they can't do it. that's why they're leaving the impossible parts of ethereum's vision for ethereum 4.0 or whatever stupid name they have for it.  i even own some ethereum, but i'll be dumping those bags before the shit hits the fan.
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March 24, 2016, 05:10:36 AM
 #7

^given, watch your back as bitcoin is going to experience real growth at this point. Just saying.
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March 24, 2016, 07:04:47 AM
 #8

The devs surely aren't disappointed with the money party. Instant millionaires no matter what happens from now on thanks to all of you!
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March 24, 2016, 10:12:09 AM
 #9

Vitalik Buterin has a strong following in crypto and so does Nick Szabo who fully supports Ethereum.  The Crypti people behind Lisk don't or maybe not as strong even if they did...

R


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March 24, 2016, 10:44:33 AM
 #10

Depends on how many developers and adventurous companies they can successfully approach. Alternatively if they can hit mayor Chinese exchanges then they don't need any adoption, but everybody will be happy with the exchange rates Smiley.
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March 24, 2016, 11:36:03 AM
 #11

I got a feeling that LISK price will drop as soon as it hits an exchange. Too many holders, not many buyers (it seems). I may be wrong but it just seems like everyone who wants LISK has got some. So where's the buyers?
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March 24, 2016, 02:40:25 PM
 #12

Depends on how many developers and adventurous companies they can successfully approach. Alternatively if they can hit mayor Chinese exchanges then they don't need any adoption, but everybody will be happy with the exchange rates Smiley.

A major Chinese exchange?  That's very doubtful at this point.  But I hope it could be listed on Polo and Kraken...  And totally avoid Bittrex.

R


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March 24, 2016, 03:48:21 PM
 #13

I got a feeling that LISK price will drop as soon as it hits an exchange. Too many holders, not many buyers (it seems). I may be wrong but it just seems like everyone who wants LISK has got some. So where's the buyers?

The buyers will come when this shit gets dumped immediately on exchanges.
Then it maybe will take a while but I'm sure you will see at least one major pump.And then again a dump. Grin
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March 24, 2016, 04:11:34 PM
 #14

when developers who know javascript choose to use Lisk over whatever ethereum's new language is, ethereum bagholders might be disappointed.  Lisk may have some better ideas for scaling as well.  given that nothing developed on ethereum thus far has any usage whatsoever, we're not even out of the starting gate with these dapp platforms. so far the internet has been the best dapp platform (Bittorrent, Tor, Bitcoin, OpenBazaar).  also, banks are not using ethereum, a bunch of banks are testing blockchain technology, which includes ethereum. but no banks will use ethereum when it becomes common knowledge that ethereum can't scale and the "research problem" of sharding and whatever else they're doing turns out to violate the cap theorem.

ever wonder why they sold tokens, paid for a marketing team, spammed pumpy emails, hyped hyped hyped and hyped some more long before having their finished product? because they know they can't do it. that's why they're leaving the impossible parts of ethereum's vision for ethereum 4.0 or whatever stupid name they have for it.  i even own some ethereum, but i'll be dumping those bags before the shit hits the fan.

Pretty sensible post. This space is so new and Ethereum, for all the brilliance behind it, is not a given. I think LISK, using Javascript as you mentioned, is just too obvious. It can really just sneak up on Ethereum in my opinion. Who knows, maybe that 1000 BTC block of buys was from Vitalik himself, to try to keep the price down post launch.  Grin
But seriously, LISK has a great chance and with all those Javascript devs out there, the sky is really the limit.

If there are any brilliant ideas out there, they can be written quickly and relatively cheaply in Javascript. Really, the limits are whatever the coders or visionaries see them to be.

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March 24, 2016, 04:24:34 PM
 #15

is this a new coin. are new coins being developed on a daily basis. what is the prime difference between all these different coins, how could i understand all these things in detail. i would like to learn all the different aspects of all these different coins. how do i know abt the new coin. is there any website to learn abt all these new developments
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March 24, 2016, 06:54:55 PM
 #16

Just wondering what you guys think about the project...  I think it's better technically in some aspects but I can see it being a disappointment marketcap-wise.

From technical point of view, Lisk took some things from Bitshares, some from Crypti. There is no innovation in copying, but they can polish these things and win hearts of millions average Joes. Good marketing and good management is needed for that. Not sure about management but, as the ICO showed, Lisk team is good in marketing, so I would bet more on Lisk being a winner than a loser.
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March 24, 2016, 07:03:55 PM
 #17

Lisk will be a disappointment if you didn't get in on ICO
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March 24, 2016, 07:05:43 PM
 #18

A lot of people jumped in on Lisk because they missed out on Ethereum's crowdfunding.  I don't think Lisk will rise like Ethereum did...  Unless they get a banking consortium to use their network. 

Just wondering what you guys think about the project...  I think it's better technically in some aspects but I can see it being a disappointment marketcap-wise.


I'm actually hoping, somewhat, that Lisk's early trading will be like Factom's: a go-nowhere coin for several months, all the while with an ecosystem that's growing roughly but rapidly. And then,...






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March 25, 2016, 02:50:38 AM
 #19

A lot of people jumped in on Lisk because they missed out on Ethereum's crowdfunding.  I don't think Lisk will rise like Ethereum did...  Unless they get a banking consortium to use their network.  

Just wondering what you guys think about the project...  I think it's better technically in some aspects but I can see it being a disappointment marketcap-wise.


I'm actually hoping, somewhat, that Lisk's early trading will be like Factom's: a go-nowhere coin for several months, all the while with an ecosystem that's growing roughly but rapidly. And then,...

I hope so too...  But the main takeaway here is Lisk's crowdfunding is a success due to the fact that a lot of people missed Ethereum's ICO (which months later is worth 10 - 11 USD), hoping to follow to profit massively like the ETH holders did.  But historically in cryptocurrencies, people have bagholded dormant "copy-project-technically-better" coins so much that I wouldn't be surprised if Lisk follows the same path of dormancy.  

But we'll see, I'm open to it and hoping it would be a success as well...  It's just Ethereum has first mover advantage and is on it's way to establish itself as the go-to platform for smart contracts.

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March 25, 2016, 03:39:43 AM
 #20

I got a feeling that LISK price will drop as soon as it hits an exchange. Too many holders, not many buyers (it seems). I may be wrong but it just seems like everyone who wants LISK has got some. So where's the buyers?

That's as it should be. I invested in LISK - however if they can't entice more investment (buyers) with actual achievements then we are all set to lose some money. Seem's fair enough. Everyone who wants something and will pay the same as everyone else should have a chance to get some during an ICO phase.

I mean if Lisk really can't provide anything to entice new money (buyers) to the project given they now have millions to work with then that is how it is.  You shouldn't be put off because distribution is broad and fair.

Ico projects need to create something that people want. If they can't they die. It's not mean to be a ponzi scheme that only the first few make money from.

Although their ICO was not that long compared to some, they advertised it very well. If they don't waste the funds or run then I think they could create something very good and should have a big community behind them. Fingers crossed.





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