This is crazy anyone who bought at the initial price start already made some profits
without the real product even launched yet.
Actually, they haven't. It's impossible to deposit any Lisk, so no-one can sell any into that market. The only one who can (who has) is Yobit; the "Lisk" is their IOU from the pre-sale.
Now that the subject is up, they might have been the ones who sunk 1000 BTC into the thing...
But guesses aside, the fact that Lisk is not released yet
makes Yobit's LISK/BTC pair an artificial market. It's an artificial market
with constrained supply. If Lisk were really released and Yobit's pair were a
real market, the price would be lower. There'd be a lot of ICO investors depositing their Lisk and filling up the sellbook. Almost certainly, given the current high bid is 0.0094 (?!), there'd be a lot of ICO buyers hitting the bids.
Gawd almighty: that (tiny) high bid calcs out to almost four dollars!
The ones who've been yelling "LISK $1 AT OPEN!" have certainly gotten their wish.
And Yobit has a huge-volume market that's beat Bittrex by close to a month. Regardless of where Lisk goes, the ones who'll be going nom nom nom are Yobit's owners. They have what appears to be a monopoly on trading it, and they'll be nom nom noming the trading fees until Lisk is released. Really, I have to hand it to them: using their ICO ration to set up a market, artificial though it is because of the supply restriction, was a stroke of competitive genius. By the time Trex gets in, Yobit will have nom nom nomed a lot of trading fees.
But please remember if you're thinking of buying Lisk there: the artificiality of the market, specifically the supply restriction, means that you'll probably overpay if you buy "for real." If you're speculating, trading or punting, the artificiality will even out - provided you exit your positions before the release.
