Lisk already trading at yobit

[silversmith]

https://yobit.net/en/trade/LISK/BTC

[instacalm]

https://yobit.net/en/trade/LISK/BTC

It hasn't even been released yet, no?

=>

why  yobit can have their lisk  and we not??  this is totally unfair ....   what the f is going on,,,,,

They don't trade real lisks. It's an asset for Lisk, a claim/requirement for Lisk.

[yelllowsin]

What is this? Main net is going to be released maybe at the end of this month.

[The Sceptical Chymist]

That's kinda bizarre.   Is this like an option or future or some kind of derivative?

[instacalm]

That's kinda bizarre.   Is this like an option or future or some kind of derivative?

Yeah,

why  yobit can have their lisk  and we not??  this is totally unfair ....   what the f is going on,,,,,

They don't trade real LISKs. It's an asset (...), [merely] a claim/requirement (...)

[yelllowsin]

That's kinda bizarre.   Is this like an option or future or some kind of derivative?

I am also trying to understand what is going on. The website also points to this explorer: https://explorer.lisk.io/

Which says transactions are going on. I am confused.

[instacalm]

That's kinda bizarre.   Is this like an option or future or some kind of derivative?

I am also trying to understand what is going on. The website also points to this explorer: https://explorer.lisk.io/

Which says transactions are going on. I am confused.

Lisk ‏@LiskHQ  47m47 minutes ago
Just a reminder! Lisk will launch end of April. You can't trade it anywhere until then!

[Nxtblg]

https://yobit.net/en/trade/LISK/BTC

Really?? How in [...] did that happen!? Lisk hasn't been been released yet! What the [..] are they trading there??

Yeah, please don't hesitate to check the posts above

Just did, & edited mine accordingly. Sweet deal for Yobit: "We bought some amount of coins on ICO and now it's available for trade." https://twitter.com/YobitExchange/status/717734899667574784

Of course, deposits & withdrawals are disabled.

So essentially, Yobit is collecting trading fees and selling the Lisk they bought in the ICO. Much, much earlier than anyone else can sell theirs. Sweet deal for them.

And of course, it's now one of the highest-volume traders on Yobit. 

[CoinHopper]

Now this is weird. So what are these people buying and how come its happening on yobit?

[The Sceptical Chymist]

That's kinda bizarre.   Is this like an option or future or some kind of derivative?

Yeah,

why  yobit can have their lisk  and we not??  this is totally unfair ....   what the f is going on,,,,,

They don't trade real LISKs. It's an asset (...), [merely] a claim/requirement (...)

I did see that quote, just didn't know if it was the word of god or not.  I see what's listed on Yobit has traded pretty heavily thus far.  Not sure about altcoin derivatives and if they're good things.  Remember Long Term Capital Management?

[mistercashking]

Now this is weird. So what are these people buying and how come its happening on yobit?

IOU's like augur on gatecoin exchange.

[poptok1]

https://yobit.net/en/trade/LISK/BTC

Really?? How in [...] did that happen!? Lisk hasn't been been released yet! What the [..] are they trading there??

Yeah, please don't hesitate to check the posts above

Just did, & edited mine accordingly. Sweet deal for Yobit: "We bought some amount of coins on ICO and now it's available for trade." https://twitter.com/YobitExchange/status/717734899667574784

Of course, deposits & withdrawals are disabled.

So essentially, Yobit is collecting trading fees and selling the Lisk they bought in the ICO. Much, much earlier than anyone else can sell theirs. Sweet deal for them.

And of course, it's now one of the highest-volume traders on Yobit.  

And I think it is horribly overpriced
Huge volume +huge price =huge income for Yobit.
Some people are just... what do they thinking? Greed is closing their eyes or what?
What was the ICO price, 17K? Now is selling for 270K...
One thing to say, go Yobit, give a lesson to those greedy peeps

[yelllowsin]

One thing to say, go Yobit, give a lesson to those greedy peeps

Can they even do this?

They posted here on lisk Blog a reply:

https://blog.lisk.io/official-statement-on-yobit-lisk-iou-token-trading-cca8e7e52a72#.jicjuqmx9

[kingcrimson]

Sign of what's to come, huge demand of lisk as the next ethereum

[zalucia]

Is Lisk mineable. If so, many people will start mining Lisk as Ethereum is get less profitable now and in the future.

[Nxtblg]

[And I think it is horribly overpriced
Huge volume +huge price =huge income for Yobit.
Some people are just... what do they thinking? Greed is closing their eyes or what?
What was the ICO price, 17K? Now is selling for 270K...
One thing to say, go Yobit, give a lesson to those greedy peeps

Well, I have to credit them for seeing the anger & soothing over the delayed launch as a business opportunity. They were right, and it's hard to argue with success.

And besides, the people saying "Lisk to $1 real real soon nom nom nom" must be pretty durn happy right now. I just multiplied the ask by my own holding and the calculator returned, "Hunh!?"

[cryptoheadd]

If anyone wants to buy LISK at 0.0028, send me a PM.
We can use a trustworthy escrow for the transaction. 

[Capitascism]

This is very confused situation and everything is possible especially if LISK team finally decide to release
holdings and send those coins to their owners.

[allyouracid]

I have 2188 LISK to sell, if anyone is interested. Offers via PM, and (trustworthy) escrow is no problem, of course.

.edit:
I'd sell the account, and the escrow would hold the BTC payment until the ICO LISKs are being released and officially received by their new owner.

[Frodek]

I wait for correction of price. 0.004 no longer keeps.