Topic: [ANN] Lykke - Trade Bitcoin, Ethereum, FX and Digital Assets - page 109. (Read 144610 times)

i never skipped anything ... please, don't let believe i skipped something, i want my 12 words !

you can skip that. but these words are the key to your wallet. these are the seed words that you need if you want to have access to your wallet after your phone was stolen or something like that.

i think it was possible to skip that. but as i said it is not recommended to do it.

Android

For US citizens, you can buy tokens but cannot trade on exchange when the token is released.

Regarding the 12 words: After I installed the wallet there was a "step" where I had to write down words that were shown in the wallet - each word is shown separately. I'm not sure if it's possible to skip that or if there might be a problem.

Are you on Android or IOS?

Hi, thanks for your answer, but i have never been asked for the 12 words : this "implementation" is not existing.
I believe i will remove my coin from Lykke , it's not yet secured at all. I didn't think it was the case before i invest for the ICO.
This ICO for the public is coming too soon, the app is not yet full secured. The risk Lykke 's customers experiences this lost is high and it will make bad publicity when this happen. I understand well better now why this question has been left without answer till now.

I'm not totally sure to be right, but: Even if the feature to get the wallet back is not implemented yet, you are already safe if you have the 12-backup-words.

With other words, worst case scenario:

- you install the App and you write down the 12 words
- you use the App (to buy into the ICO for example)
- you throw your phone into the sea right after
- you can't get the wallet back until the feature is implemented

But: It will be implemented and so you are safe.

That's at least how I think is the current situation. And since it seems as if they are very diligent I doubt that we will have to wait for long until the backup feature will be implemented.

Hi,
already asked but still not answered :
- what happens if i lose or break my phone ?
For what i understand you said that i can backup the wallet, but there is no existing procedure at all.
Does it mean you make an ICO without security for investors ? How is backup my wallet ?
Thanks.

1. what is pacement? Price is 0.05 CHF, which is 0.051$ per LKK.
2. They are just hold, and some sold later. We don't need to sell 100% at ICO, because we don't have our own blockchain. Which is an advantage. Later funding rounds can happen at higher price like traditional companies.

No...
I'm interesting with this coin. I try the lykke wallet, Good platform !

Hello all.
How can I buy Likke?

aded in edit: Ok I found the android wallet.  
Is there an exchange or a Linux or Windows wallet?

Ok so it will cost me about 5 cents per Likke.
1.25 billion Likke.
So Likke will have a market cap of over $60M.

Can i ask.

1. What price was the pacement done at?
2.What happens to the coins not sold in the offer that expires in October?

Thanks.

There are some things I like about Lisk (they are serious and they do it professional as far as I can see and are very hard workers, even if M. Kordek is very young) but I also have some concerns. I'm not sure about the whole idea in general. At one hand I like the sidechain-concept, on the other hand I'm not so sure that there will be much App-Development and until now I don't fully understand if that is really decentralized concept for App's or not and not even why App's necessarily should be. Some certainly, others maybe not. I really don't know if it's a idea that will be big or is already doomed - but that's maybe more because of my own lack of knowledge.

Safe is in my opinion: They won't give up any time soon. They will do their best and that's a reason why I think Lisk is something worth to watch.


I was looking since months for a good decentralized - exchange - concept and ANS was the first one that convinced me because of the skilled team and it's obvious that they didn't start with it just 2 weeks before the ICO but years before. I believe it's a good concept and I also like their eco-design (ANS as shares and fixed supply plus ANC as a coin like Gas which will be paid out to ANS-holders) and I know that they are taken seriously in China. What I'm unsure about is the blockchain itself. I believe to see the risk that it could be pretty much centralized or centralize over time since it's about voting the servers in and I believe that could be corrupted with voting-power.

Since I found Lykke I really prefer this concept, because it does make sense to keep it semi-decentralized or semi-centralized built on the Bitcoin-blockchain. It's more effective with the matching engine and the Bitcoin-Blockchain is more secure at the same time. At least Bitcoin is not easy to corrupt.



I have no clue about Iconomi. I looked into it but I'm really unsure. One thing is: It's an Ethereum-coin and I have a lot of doubts about Ethereum in general. TheDAO was very revealing about many aspects, from rushed out tech combined with weaknesses of Ethereum itself to an idealistic concept on one side, which was funded and hyped up by Ethereum-guys itself on the other, with the goal to fund other Ethereum-projects ...and right after the hack they bailed it out and so on. Of course, Iconomi is not theDAO but just the way they praise it with "high profits" and so on is a style I don't like. 

It is something I will watch, but I won't buy into their ICO.

Good summary - thanks. Could you post an LKK address for donation? We're not using steemit much at the moment.

lykke on steemit
https://steemit.com/lykke/@moh-rokib/lykke-a-global-marketplace-on-the-blockchain

I thought about investing in Lisk but passed, got like 1300 via bounties and dumped inmediately, it was more than half btc! I'm also watching, the price seems to have found its bottom at 40k, the problem is that there's not much to show for and I don't really think their team and devs are on par with Ethereum. However, I'm sure it will pump eventually, at the very least x2, x3 from here...

I got some Antshares for the exact same reasons you mentioned. I think it does have some long term potential too since anything attached to China could be huge for obvious reasons. This and their team and connections is what sold me. Don't really know much else.

What do you think about Iconomi, I personally feel they should take a look at Lykke if they really want to make some good investments for their upcoming funds 

Regarding Ripple I really did not find a link between "success of the project" to "value of the currency/token". But I'll do some research, also because I would like to understand the base-system. At least it's an interesting concept - but not like blockchain which I think is much more convincing by it's design.

Antshares: I bought into their ICO. I'm not so sure about longterm but it's a good team, a lot of expertise and connections. In short-term I speculate on their connections to big chinese exchanges ;-) And: ANS are also shares. Payouts in ANC (unsure about value yet).

Lisk: I also bought into their ICO but more because they did the best marketing I've seen so far. Sold after launch but watching.

All the other ICO's I didn't buy, like Waves and Rise and Heath and whatever.


And yes, attention is missing here. But what I know now is that they don't need to sell the ICO. It's more a first step into the public and without much marketing. But I have no doubt that they are able to bang the drums if needed.

But in general there are a lot of indications that there might be several big news. Just what they'll release in the coming weeks and months, if there won't be delays, will be big. Plus the IATA-conference etc. They have connections into the business-world, so it's likely that there will be good news and it's likely that they won't ever need the usual crypto-marketing like Lisk did it near to perfection.

Good insights, honestly the lack of attention and interest on this ICO is incredible compared to Iconomi and even Antshares lately (not to mention Lisk, Waves, etc before).

I'm also a recent FCT guy and bought my share at 200k and below before it pumped for good. To me it's still the most undervalued real working project in crypto. I still think XRP will have a market, especially a forex one, they have their license. I don't buy into the whole banks will buy it up until $10 each but there's a reason for it to exist. I think you can say the same thing about XRP and Ripple and Bitcoin and Blockchain. Ripple is much more suitable for a lot of stuff than the blockchain, it really is and it's an amazing technology, you should read more about it. The problem is that it clashes directly with the philosophy behind most cryptocurrencies. This makes XRP some sort of hedge in my crypto portfolio.

I already checked some videos from Lykke but I'll check more. Like I said, having a working product already (and it works flawlessly may I add) is something not to take lightly.

Yes, Factom is still my Nr 1! ;-)

Interesting is: Factom is very different to Lykke regarding it's purpose and regarding it's focus on user. Factom targets companies, institutions and even governments with their "honesty-system" and so on.

But what I figured in Factom and really liked and still find fascinating: They did a very good job in removing all kind of barriers that could prevent wider usage. Especially their economical design is genius in my opinion, with the conversion from the system-currency (Factoids) that can fluctuate, into the fixed in price and non-transferable software license (Entry Credits) - and the cryptocurrency is burned through that process. Even banks don't have to think about all issues crypto can be about (volatility, regulatory issues, security/hacks etc.). And the value of  Factoids will reflect the usage and react on good news because of speculation.

That being said: I see that principle in Lykke as well but of course in a different way. They are also very good in removing all kind of barriers that might prevent wider usage. And in contrast to Factom, Lykke has no limit regarding it's target group (in fact, Factom also is not limited but they don't focus on the private persons yet). And the combination of easy-to-use and "feeling safe"/security in it's fundamentals is really great in this project.

And what I said above about companies and that trust in a team is the major point is also true for both. Both teams are very skilled regarding the fundamentals (tech and also the business-side). Both teams have good connections. And: Both teams show some idealism as well. That's a mix I always like but it's really hard to find.



*************
By the way: My prediction is that Lykke and Factom will form a partnership someday. Would be a perfect fit in my opinion, because Lykke could do this with Factom:

"Factom gives you the ability to publish immutable data AND establish yourself as an authority that publishes immutable data. Over time, the validity of that data can be judged and your reputation as an Oracle can be cemented. Factom also by its nature is accountable because one can conduct full audits on all published data."
https://www.factom.com/blog/smartcontract-factom-announce-collaboration

And both last deals of Factom are about publishing stock-data (Intrinio and DataYes).

Not sure if Lykke would need another system but if ... I would like to see them coming together. ;-)

Thanks you !!! @Tempus, last time i saw you as active as you are now was on Factom channel when price was at 20k satoshis. Ive made a lot on that one

It's not really open for the wider public yet. I got an invite. But they opened a telegram-slack and as far as I know they think about doing an open channel in slack.