If you follow developers, Lisk is booming, if you follow users, Lisk is dead.

[CRYPTORALF]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

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[Pearls Before Swine]

If you go back a few years and look at some of the topics here in altcoin discussion, you would find that Lisk was a hot one and there was a *lot* of hype around it before and after it launched.  I didn't quite understand what all the hoopla was about, but there were a huge number of members who were contributing to it if I remember right (it was a while ago). 

And then Lisk just kind of fizzled out totally.  I hadn't heard anything about it in a couple of years until this thread, and it's one of those coins that makes me wonder what the hell happened to it...and op, I have no idea.  The developers no doubt still think it's a great project, but as always the market will tell you what the truth is. 

I had to check the price on yobit.  'LSK' is the symbol for it?  It isn't exactly trading for a single satoshi, but the price and volume are both pretty low.  It probably could be considered a dead coin.

[Drai]

For a coin with 136,332,638 total supply and being almost worth $0.8 in price and being among the top 50 coins on CMC, I would say that Lisk is nowhere near dead considering that the 24 hours trading volume is close to $4m, but it seems to me that your entire knowledge about the coin is based on what others has said about it (investors and developers) and not your own conclusions from your personal research. If you want to invest in any coin, it should be because you believe in it, not because of what others said about it.

[CRYPTORALF]

For a coin with 136,332,638 total supply and being almost worth $0.8 in price and being among the top 50 coins on CMC, I would say that Lisk is nowhere near dead considering that the 24 hours trading volume is close to $4m, but it seems to me that your entire knowledge about the coin is based on what others has said about it (investors and developers) and not your own conclusions from your personal research. If you want to invest in any coin, it should be because you believe in it, not because of what others said about it.

I'm doing my own DD, but everything you'll find on the internet is another person's opinion ;-)

[CRYPTORALF]

If you go back a few years and look at some of the topics here in altcoin discussion, you would find that Lisk was a hot one and there was a *lot* of hype around it before and after it launched.  I didn't quite understand what all the hoopla was about, but there were a huge number of members who were contributing to it if I remember right (it was a while ago). 

And then Lisk just kind of fizzled out totally.  I hadn't heard anything about it in a couple of years until this thread, and it's one of those coins that makes me wonder what the hell happened to it...and op, I have no idea.  The developers no doubt still think it's a great project, but as always the market will tell you what the truth is. 

I had to check the price on yobit.  'LSK' is the symbol for it?  It isn't exactly trading for a single satoshi, but the price and volume are both pretty low.  It probably could be considered a dead coin.

Yes, still has some volume and a "decent" price, but the roadmap (Lisk's ace seems to be some kind of SDK) is again and again postponed.

[tsaroz]

LISK has failed to deliver any solid progress in the last 3 and a half years. How long would anyone expect  to see products delivered from a software based project?
Though they have recently launched an alpha version of their SDK, there are no attractions seen towards it. They are out of their roadmap and the progress is just to fool the investors.

[shinratensei_]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

That's actually the users. It so dumps to believe the developer that has already got our money. I have watched this project and lisk is one of the crap platforms. it offers nothing and the token holders are getting profit from the actual price of token but the token holders never get the utility usage for their tokens.
Just a simple logic about where the developer is getting the money and that's from the pre-mined coin. Again, if the price of coin will be going down and this will affect how much money they will get from dump their token to the market. Dev is such a liar with so many bullshit promises that can't be trusted again.
Lisk is the one from a lot of crap platforms and i remember iconomi was also doing it.
Those garbage developers have been wasting our money.
SDK is not yet even rolling out even a lot of new platforms have finished built their own ecosystem. that's the worst development.

[Ailmand]

Users determine if a project is worth investing or not, well if there is no development for a project for a long time investors leave the project and makes the price of it dump which will make the development of the project slower. That is the point where projects slowly die until they lose all the people who supported the project. I've seen a lot of projects like lisk who even had millions of dollars from a sold-out ICO who had promised for a great project but the delays and excuses killed the faith of investors in the project.

[Reid]

I am one who had followed it before and bought a lot of LSK too.
But sold it over a year ago already or maybe more.
I dont really know what is happening behind it anymore but I do think it is still in the game.
Now, this is a risk you will have to take. Anything in the crypto field is possible. If you really believe that it has still a future then go for it.

[CjMapope]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

Haha i like the way you worded this title CMC is fairly accurate, its probably lucky its still at 55 at this point tho really : /
I was an ICO investor of lisk, it was a good investment at the time, and people were really excited about the idea long term.
Nowadays it can be argued other projects have made faster progress, and speculators have been left with a sliding token.
Whos right in the end? hard to say, noone guarantees a token's price in an open market, its been years lisk has been available, its probably lucky to be worth what it is

[alyssa85]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

Users of course. Developers are like cheer leaders hyping their coin so the price rises and they can cash out.

But the long term success of a coin depends on the users. Do they find it useful, do they use it for commerce, are the daily transactions growing, do they feel it is a store of value.

[Ridwan Fauzi]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

How much money that you spend to buy lisk?

I think when you intend to buy an altcoin you should check it first on coinmarketcap and see the development of its price.

I just know the lisk coin when I read this thread and I have a bit suprised when I saw its price movement. Reach all time high when 2018 ago and its price touched almost $40 but its price just $0.7 even its price had ever touch $0.09 at March 2017 ago.

So my conclusion is learn more about the coin itself before you bought it. At least it will make you believe that the coin is really worth to be choose as an investment place.

[Casdinyard]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

I bet you already answered your question as you say, the more you read it, the more you doubted it. So what's the point of asking? I mean trust your judgement, if you think they over promise but under delivered the project then I guess you just pass on this.

Don't be fooled of its ATH as I'm pretty sure it was just on hyped last year.

[Rodeo02]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

Well in my honest opinion developer will never say that the project they are building are going to be dead it will create FUD and make the coin really dead. They need supporters to stay so they can maintain the price giving news and update will add more interest from new  investors so they do this always.
For the users they are telling what they  think is real  happen if they say its going to be dead thats what they see  and they  feel that it will going to happen .

[CRYPTORALF]

thanks, cryptofriends, for all your responses!

[cichaescut]

Always listen to users, because developers and team members will always make you feel excited about the upcoming announcements and will lead you to a false investment decision. Disappointed users, that already did it are telling true.

[audaciousbeing]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

This is a typical case of the irony of things. The way we see things is the perception of they are. In this case, its possible they are both right and also both wrong. The developers are making statements from the position of optimism whether its the current position, it does not matter while the users who might be influenced their own short term motive of making profit to assume the worst. Either way the only determinant to who is right is time. Neither of the parties can beat it.

[jossiel]

I've seen this coin grow few years ago but didn't expected that they will lose the hype due to the bearish market that we've once get through.

Users of course. Developers are like cheer leaders hyping their coin so the price rises and they can cash out.

But the long term success of a coin depends on the users. Do they find it useful, do they use it for commerce, are the daily transactions growing, do they feel it is a store of value.

I'm also thinking the same that a developer wouldn't say something negative to their project unless he's not part of it anymore. The future of each project/coin really depends on how the developers will handle it and deal with existing problems.

[IvugeoEvolutionCoin]

Who is right? Devs or users?

I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.

The candid truth about LISK is that, the developers haven't achieved what's on their roadmap. Everyone expected that by now the "ETH killer" LISK should have projects built on its blockchain using javascript as on the project vision but that's not what's obtainable. Let's keep hoping anyway, the developers keep giving us hope.

[deadsilent]

Lisk is one of the oldest altcoin in the market. It has a good run way back 2017 but not this year. Bear market eating all altcoins. Some altcoins dropped 50%-80% of it's normal price and some are no value at all. Lisk is good tho. Actually it's one of the top altcoin in China CMC list. It will boom in no time if China unbanned the usage of cryptocurrency there. For now, just look for other altcoins out there which is way more active projects.