I have been following the price on Yobit and two others, Bloombit and then on Openledger, and the disparity is huge. Is a question, of course, of legitimacy of the LISK these sites got in the ICO? Not sure if all 3 were verified to be holding (someone jump in here please) but I think I read something regarding Yobit as actually having purchased them in the ICO.
Openledger's prices in LISK, at least right now appear to be in BTS, when I click on BTC LISK price, it is blank.
.0135 on Yobit
.0018 on Bloombit
That is a 750% difference? What is going on here? I like LISK but I really have to question Yobits price, or is it the other 2? lol
Opinions here would be interesting...
OpenLedger just has super low volume generally, very few trade there, mostly BTS users, it's probably a good place to pick up cheap IOU LISK if you trust them to deliver.
Bloombit I think were throwing out loads of 'LISK' IOU's to whoever would buy them at one point.
What's interesting is that Bloombit keeps to put orders of Lisk sell, everyone of them (about) 70 BTCs worth of Lisk, sold with the price of 0.00468946 BTCs. When a sell wall of 70 BTCs worth of Lisk is completely sold in a few hours, another sell order with the same size is created again. Bloombit has created these sell walls at 0.00468946 BTCs price repeatedly:
& given LISK volume makes up 80% of their very small trading volume, I think the market is a bit skeptical as to whether they will deliver real LISK to their users hence the much cheaper price on Bloombit.
YoBit is a larger exchange with higher volume so people are less skeptical they won't deliver so that is the exchange to base the pre launch LISK price off imo. (Even there people will be pricing in some risk of non delivery though)
I still think the prices are inflated given how many people might profit take early on, but the interest in LISK is really phenomenal, there hasn't been something like it before, it's already overtaken ETH in views and replies and the amount of people in LISK chat and stuff it's pretty crazy, so it could go very high very fast if the development side of things goes very well.
