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Author Topic: Lisk could be a big disappointment...  (Read 2669 times)
tokeweed (OP)
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March 25, 2016, 06:50:40 AM
 #21

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.






I guess it comes down to how good their team is.  I read their website and it doesn't really say much except most of them worked on Crypti (which really didn't go anywhere big), and one worked with NXT (which isn't going anywhere right now despite their dev working left and right with new features).

R


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Spoetnik
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March 25, 2016, 07:02:16 AM
 #22

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.


Ethereum's "crowd funding" happened in 2014.

Is it a currency that has a solid chance at mass adoption ?
Nope.
So it's doomed to failure.

You all love to forget that your not the only greedy ones..
No matter how many times i remind you you sort of tune me out.

Reality check guys.. you may be potentially making 1 BTC profit.
But the guys who orchestrate scammy pyramid coins and bigger Pump groups or misc Whales.
..have immense reserves to manipulate the markets at their will.

They have power and control the game and make the rules and can take your money when ever they want.

Now the obligatory retort i will here next is..
But but but.. my coin is legit (the dev's are not evil)

Uhmm problem girls.. that has nothing to do with it. (even if true)

Well what coin do you all think the big guys go after ?
What ever coin is popular with the 1 BTC profiteers.
You are all walking right into their web.. again.

FUD first & ask questions later™
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March 25, 2016, 09:33:36 AM
 #23

I have a feeling that once Lisk is on exchanges it will drop hard then like 6 months later it will have a huge pump =S
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March 25, 2016, 09:51:07 AM
 #24

I have a feeling that once Lisk is on exchanges it will drop hard then like 6 months later it will have a huge pump =S

Say hello troll

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March 25, 2016, 10:01:26 AM
 #25

^given, watch your back as bitcoin is going to experience real growth at this point. Just saying.

The bitcoin is going no where at present.
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March 25, 2016, 10:08:22 AM
 #26

At time of ETH or BTc no one can actully know that the prices will reach the hype of today so from a little experience i have in trading of alt and BTC , the only factor depend on how many holders of the coin and what price they will accept selling it for .
we all remember the time of COMMS & ITC in the past coins distributed free and make much noises

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StinkyLover
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March 25, 2016, 11:23:34 AM
 #27

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.






I guess it comes down to how good their team is.  I read their website and it doesn't really say much except most of them worked on Crypti (which really didn't go anywhere big), and one worked with NXT (which isn't going anywhere right now despite their dev working left and right with new features).

Their previous projects don't really inspire confidence but I guess Lisk could be where they get it right. As a principle it seems interesting, but so did xcr and so did nxt. Interesting times in crypto recently, that's all I can say.
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March 25, 2016, 11:38:30 AM
 #28

It's pretty much a scam.

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March 25, 2016, 11:39:00 AM
 #29

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.

Thank you CfB you always have a clear vision of things here.
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March 25, 2016, 12:05:20 PM
 #30

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.

Thank you CfB you always have a clear vision of things here.

... And the marketing is copied from ETH....

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March 25, 2016, 12:23:13 PM
 #31


... And the marketing is copied from ETH....

Don't agree with this..Lisk has his own marketing and they also use good comparative strategy with ETH.
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March 25, 2016, 01:47:26 PM
 #32

I heard and read about it and I believe it is not scam.
But people jumped on board too fast and want to jump off too fast. So it is scary to invest.

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March 25, 2016, 05:34:29 PM
 #33

Can someone tell me real percentage of successful As? Probably you will find out while investigate, that 90%
of them are clear scams. And this cannot be called investment,more like madness . You have more chance to
 earn money If you gamble!
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March 25, 2016, 09:00:02 PM
 #34

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.

True enough. As I'm sure you know, Lisk is branding itself as a "smart contract platform for the million" - i.e., for JavaScript techies. Its potential competitive advantage is: "With Lisk, you have far less of a learning curve than you do with Ethereum. You can get started with Dapps more easily and more quickly with Lisk than with Ethereum."

And that's what it comes down to: haulin' in the Javascripters and hope enough of them get excite enough to build a robust and lush system of Lisk Dapps.

They have a lot of money from the ICO, enough so that they can take a leaf from Factom and set up real-world use cases that show what Lisk DApps can do in the ordinary bricks-and-mortar world. In the Lisk thread, I suggested the devs buy a sub-$100,000 "fixer upper" house in an area where houses are cheap but high-speed Internet is available - and then renovate it into a "Smart House" powered by Lisk Dapps. Happily, a fixer-upper is not only cheaper than the comparable but also better for a demo project - because it would have to be rewired & renovated anyway to make the basic services more organized as well as to add the Raspberry Pis that would monitor the Smart House for the Dapps.

(Admittedly, I have no idea how to proceed with such a project beyond workday electrical writing; with all the other chores, I have neither talent nor experience.)

This "bricks and mortar" path is one where there's been zero moving in the Ethereum world. So if Lisk can pull this off, it really will be the first mover in this area.






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March 25, 2016, 11:51:22 PM
 #35

^given, watch your back as bitcoin is going to experience real growth at this point. Just saying.

The bitcoin is going no where at present.


and that is why people are pumping shitcoins all day long, just trying to get some action.
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June 28, 2016, 01:18:22 AM
 #36

I have a feeling that once Lisk is on exchanges it will drop hard then like 6 months later it will have a huge pump =S

Say hello troll
totally troll!
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June 28, 2016, 01:30:23 AM
 #37

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.


Most of those crowdfunding ICO turn out to be a failure though. Is not just Lisk but WAVES, RISE and most probably Dlisk as well.
None even the dev can stop the users from dumping. I guess if they limit how much users/IP can buy, they might be able to. Dumping is a real business.









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July 07, 2016, 11:07:45 AM
 #38

"Lisk during the ICO at 18k. Today LSK at 42k"  Cool Still... And I hope that is just the beginning.
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July 07, 2016, 11:10:08 AM
 #39

"Lisk during the ICO at 18k. Today LSK at 42k"  Cool Still... And I hope that is just the beginning.
Maybe in some months.
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