Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1392. (Read 3074324 times)

While I agree with a lot of what you said, it is conceivable that the DAO will have opportunities to invest in projects that you as an individual do not - people may go direct to the DAO to raise money rather than on bitcointalk, for example.

If this becomes a trend then you may have no choice but to have some funds in the DAO in order to access certain opportunities.  

I have seen you around here, always being nothing but negative towards this project.

I too am a bit skeptical about the possibility of even $2 at launch. However, here is a reason why this might turn into reality.

ETH launched with code which barely worked, at all. A platform on which people were afraid to transfer their tokens because it was so unstable. Having said this, the ETH cap sat around $50million for quite some time, with nothing more than a flimsy frame network, whilst Vitalik spent millions and millions of ICO money to build (still minimal) ETH to where it is today. As we all know, ETH now has a cap of $1.1Billion. Crazy seeing as it still doesn't do anything.

LISK, on the other hand, has been developed for the past 2 years in the form of Crypti. It has a working platform for blockchain applications (hopefully) and has had relevant stress testing performed to make sure that it is ready for launch. This is why people think that the price could rise quite a bit from where they bought in, in the ICO.
 
Marketing is going to be the key to LISKs success.

Pinkman
 

Seriously...
Do you understand DAO? very sophisticated...
"The crowdfunding ICO", please collect more informations, all the ETH coins finny in DAO, that was the reason for the hard dump on ETH.
LISK will have his onw DAO if it will work.
I love the the Idea behind dao, and It's worth it LISK will add DAO
but my friends are doubt the DAO project

DAO is overbought. How much space there is to multiply a 130 millions marketcap in crypto? (Consider that a lot of investors in  crypto already bought it.) The question is, how many will buy it next?

Thanks for this quality post. Only a few of them in this thread

It won't make too much sense to dump Lisk to buy DAO. DAO is very expensive now and will become more expensive every day. The marketcap is very high ($162 Mio) and even if it's a very interesting and innovative idea, it's safe to say: There will be problems. Why? There is a conflict of interest in the concept.

Imagine you have a lot of DAO and most DAO-holders also have a lot of ETH. There is a proposal you believe would be a good decision, but you know: If you a majority would vote for it, DAO will invest and that means: sell. DAO will sell ETH or will give ETH to a project to invest in it. That means it will lose Marketcap until there is a return. ETH will most likely also go down because ppl will anticipate sell pressure if a proposal goes through. How many will vote for a longterm-decision that still involves a lot of risk and take the loss in short-term because DAO needs to sell?
 
And why should DAO be worth more on the exchange than the money it has? Because they will make a lot of money?

Let's say they start with $180 Mio and DAO invests in a project, like slock.it or whatever. And let's say DAO invests $10 Mio. How much time will it take to make profit? And will there be profit? And even if, will it be that much profit to justify prices above a current marketcap?

The question in DAO is: Who will definitely benefit? Those who will get money from DAO. That's safe. Nothing else is safe.

Plus: Why should I give my money to an "institution" in which a majority will decide - or those with the biggest voting power? I like it more to make my own research, my own analysis and my own decisions. I don't trust a majority and I don't trust groups with a lot of power. And like I said above: The majority will always have to face a conflict of interest between short-term-loss and possible long-term-profit - which will always involve the risk that there won't be any profit but a loss.

Conclusion: In my opinion DAO is very interesting and will be interesting to watch. There will be much to learn out of it. But out of investor-perspective... I don't understand why so many believe it's a good buy.

To any newcomers, this right here basically sums up the entire LISK topic.

DAO is the biggets crowdfunding ICO ever done in world history. Ever.
So, maybe you're professional programmer friends are not so professional.....
130 millions usd talk.

Maybe lisk could be considered as dogecoin, and DAO as btc
Maybe lisk is more easy to program, but with many limitation.
DAO is for business and big projects.

I talked with many experienced guys about DAO, but they told me that DAO is maybe to complex, only a few people understand it and it is difficult to work with DAO in the mainstream.

That is the reason why i am choose LISK for the long run!!!
Lisk can also have his own DAO, if DAO is not too sophisticated!

In my opinion LISK is a win win situation!
If DAO will be involved in futer, then LISK will add DAO!
IF not, then LISK will not waste money in DAO

I talked with many professional programmer,they gave me the advice, that i shoould buy more Lisk!
that is the truth and i will do this

lets convert this bullshit into reality

bullshit translation

inrto at $2 = $200,MILLION Market cap
swings between $1.50-$5 = $150 MILLION - $500,000,000 MILLION Market Cap

no reason it can't stablize around $3-$5 = $300 MILLION - $500 MILLION

now its written in plain english not bullshit you decide

I expect intro at around $2, and hard swings between $1.50-$5 for a few weeks. No reason we won't stabilize around $3-$5 considering ETH at $10+

im seeing more and more people are seeing through the bullshit here better late than never right?

99% of people have invested in the DAO without understanding what the F**K the DAO is.

Even the muppets who created the DAO do not fully understand it.

The DAO is the actual personification of GREED and the concrete manifestation of a "GET-RICH QUICK SCHEME"

LISKA, on the other hand is the Girl of your dreams that you badly want to shag and marry..................

With no announcement yet I'm getting concerned we'll actually launch on the 24th, never mind on the strike of UTC midnight.

so much FUD to buy cheap Lisk  fail

So you will buy Lisk later... You changed your mind about Lisk?

Good comment and good decision!

Investing in DAO - its more long term profit. People who will buy lisk on 1st day after launch get awesome returns in a few days/weeks.

the DAO is not an investment proposition. it's a vastly over subscribed blind fund. Lisk is an investment proposition, and worth sticking with long term. i expect dumpers to be cursing their sell decision one year from now.

you don't have any coin to sell in the first place or looking for cheap coins.
smart people know to hold and hype when blockchain apps or even lisk dao coming out, easy $5 to $10 ranges.