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Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 17. (Read 3074169 times)

sr. member
Activity: 642
Merit: 292
wow. At least in the matter of 'money burn rate' LiskHQ feels like a big player. 💸💸💸
And now there is only the hard BTC left for their beloved "Crypto Asset Liquidation".
GBYTE volume is dead, and it would be crazy to sell LSK at these low prices.
hero member
Activity: 1132
Merit: 536
Lisk September update, latest news, SDK version 2.3.6, support for Hub Trezor One, experiments with Lisk Builders tools
https://blog.lisk.io/lisk-sdk-2-3-6-hub-1-22-0s-upcoming-trezor-one-support-lisk-builders-community-security-bounty-366def35be37

according to https://github.com/hirishh/liskish-wallet/releases/tag/v2.0.1-trezor-rc.2 trezor one had already been supporting lisk
so i think the only important part is SDK which might be able to help bringing back lsk to where it belongs
member
Activity: 518
Merit: 18
Lisk September update, latest news, SDK version 2.3.6, support for Hub Trezor One, experiments with Lisk Builders tools
https://blog.lisk.io/lisk-sdk-2-3-6-hub-1-22-0s-upcoming-trezor-one-support-lisk-builders-community-security-bounty-366def35be37
member
Activity: 235
Merit: 62
Our Path to Changing the Voting System: https://blog.lisk.io/our-path-to-changing-the-voting-system-aa6e8fcaf33d - Lisk Blog

Good job Lisk for able to think for yourself and moving away from Ark in this subject. This is good first step.
Now we're waiting for many more years or decades to see if anything is working...
copper member
Activity: 2898
Merit: 1465
Clueless!
Our Path to Changing the Voting System: https://blog.lisk.io/our-path-to-changing-the-voting-system-aa6e8fcaf33d - Lisk Blog

Not seeing this happening with the weight of the forging 101 or LISK...if done correctly they will simply cash out and leave this project in dust.

Hope I"m wrong but not optimistic...on either this passing nor if the above happened.

again, hope I'm wrong...but LISK as the way it is set up now with forging/whales and current price..is too vulnerable to be tweaked in any way likely and again IMHO.

fragile is the word I'd use for the LISK project at this time...

Brad
sr. member
Activity: 1181
Merit: 259
hero member
Activity: 1092
Merit: 511
New updates to the Lisk Roadmap

Team made a few updates to roadmap page to make the development of SDK more responsive to developer feedback, prioritize improvements to DPoS, plus a few organizational changes.

https://www.reddit.com/r/Lisk/comments/db8mpn/new_updates_to_the_lisk_roadmap/
hero member
Activity: 1132
Merit: 536

is if they gonna liquidated the 7 million Lisk coins they own in reserve, i hope Mark still in love with Lisk in a few years  Grin .


This is a very large number of coins, if half is sent to the market, then the price of the coin will completely drop to the bottom. Let's hope this does not happen, or will be long and gradual.

Big whales always use this kind of tricks to create panic situation in the market to grab coins at cheap price. They create fake news and let weak hands to dump on their orders and after that they sale on big news so have patience nothing going to happen wrong.

yes they do, and mostly they are successful in making those panics in both sell and also buy zones
thats why sentimentals are the best source of earnings in tradings :-"
legendary
Activity: 1876
Merit: 1003

is if they gonna liquidated the 7 million Lisk coins they own in reserve, i hope Mark still in love with Lisk in a few years  Grin .


This is a very large number of coins, if half is sent to the market, then the price of the coin will completely drop to the bottom. Let's hope this does not happen, or will be long and gradual.

Big whales always use this kind of tricks to create panic situation in the market to grab coins at cheap price. They create fake news and let weak hands to dump on their orders and after that they sale on big news so have patience nothing going to happen wrong.
3x2
legendary
Activity: 1526
Merit: 1004
There is new Lisk core design coming up this year. The new design will cover the Restful services so we can now utilize the core services from our web for Lisk.
legendary
Activity: 986
Merit: 1001
The Lisk Foundation is liquidating its assets in an on-going strategy to provide enough liquidity for the projects expenses. Currently, they are following the rule to have enough fiat to cover 12 months of expenses.

In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation:

    4.488,71406161 BCH on July 5th
    8.488,69406759 BSV on July 5th
    8.488,6940663 BTG on July 10th
    84.886,9406727 BCD on July 10th

They liquidated them into:

    1.026.612,11 CHF in July
    1.770.977,32 CHF in August

This totaled at 2.797.721,90 CHF.

To sustain 12 months in FIAT, we are looking to further liquidate some of our crypto assets. We will liquidate all remaining 4000 BCH, and enough BTC to sustain approximately 12 months again.

They spend 934,910.52 CHF in August for expenses like Development, Marketing, Bounties and operations, so right now they have the CHF to cover almost 4 months, not counting other currencies.


By the way, Lisk foundation should buy Bitcoin right now, and not liquidating crypto assets.

If big players of crypto are liquidating at this price, near future is not looking good for us  Cry



This is the Total Assets Held by the Lisk Foundation






As you can see above this liquidation is all about keeping their nice jobs as coders....why pesky work for someone else...when you  can liquidate LISK and get another year

of self-employment as coders out of this LISK project. So naw, they will drain this to the bone before having to work for someone else again. Long term planning like

buying Bitcoin and other such is not as sure a thing as funding your project 1 year into the future. IF no future arrives that works and LISK dies..hell, at least you had a

few years of trying to be independent and then you go off and work as a coder someplace else. The way they manage is all about status quo..the only risk the devs ever had

was the original ICO and they have made plenty of BTC off that by now to do as they please. Human nature the above hedge is.




You are right, with the fiat funds and the crypto assets they have, Lisk foundation can survive the next 3-4 years without the need to do something else, our only concern

is if they gonna liquidated the 7 million Lisk coins they own in reserve, i hope Mark still in love with Lisk in a few years  Grin .

By the way, i had to restore my laptop and i lose the txt file with my passphrases, i found a paper with the words written and only the first one works, but the second passphrase

is not working, i think i wrote bad the second one, so my question is, there is no hope to recover that funds right ?  Cry

Friendly advice, dont trust in nobody, even in yourself  Undecided


copper member
Activity: 2898
Merit: 1465
Clueless!
"On 25th September Rachel, Tech Evangelist at Lightcurve, posted on Discord the message about her intention to leave Lisk for a new challenge." Tongue
Source: Lisk Magazine

So it begins! (sigh)

sr. member
Activity: 642
Merit: 292
"On 25th September Rachel, Tech Evangelist at Lightcurve, posted on Discord the message about her intention to leave Lisk for a new challenge." Tongue
Source: Lisk Magazine
copper member
Activity: 2898
Merit: 1465
Clueless!
The Lisk Foundation is liquidating its assets in an on-going strategy to provide enough liquidity for the projects expenses. Currently, they are following the rule to have enough fiat to cover 12 months of expenses.

In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation:

    4.488,71406161 BCH on July 5th
    8.488,69406759 BSV on July 5th
    8.488,6940663 BTG on July 10th
    84.886,9406727 BCD on July 10th

They liquidated them into:

    1.026.612,11 CHF in July
    1.770.977,32 CHF in August

This totaled at 2.797.721,90 CHF.

To sustain 12 months in FIAT, we are looking to further liquidate some of our crypto assets. We will liquidate all remaining 4000 BCH, and enough BTC to sustain approximately 12 months again.

They spend 934,910.52 CHF in August for expenses like Development, Marketing, Bounties and operations, so right now they have the CHF to cover almost 4 months, not counting other currencies.


By the way, Lisk foundation should buy Bitcoin right now, and not liquidating crypto assets.

If big players of crypto are liquidating at this price, near future is not looking good for us  Cry



This is the Total Assets Held by the Lisk Foundation







As you can see above this liquidation is all about keeping their nice jobs as coders....why pesky work for someone else...when you  can liquidate LISK and get another year

of self-employment as coders out of this LISK project. So naw, they will drain this to the bone before having to work for someone else again. Long term planning like

buying Bitcoin and other such is not as sure a thing as funding your project 1 year into the future. IF no future arrives that works and LISK dies..hell, at least you had a

few years of trying to be independent and then you go off and work as a coder someplace else. The way they manage is all about status quo..the only risk the devs ever had

was the original ICO and they have made plenty of BTC off that by now to do as they please. Human nature the above hedge is.

hero member
Activity: 1132
Merit: 536
The Lisk Foundation is liquidating its assets in an on-going strategy to provide enough liquidity for the projects expenses. Currently, they are following the rule to have enough fiat to cover 12 months of expenses.

In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation:

    4.488,71406161 BCH on July 5th
    8.488,69406759 BSV on July 5th
    8.488,6940663 BTG on July 10th
    84.886,9406727 BCD on July 10th

They liquidated them into:

    1.026.612,11 CHF in July
    1.770.977,32 CHF in August

This totaled at 2.797.721,90 CHF.

To sustain 12 months in FIAT, we are looking to further liquidate some of our crypto assets. We will liquidate all remaining 4000 BCH, and enough BTC to sustain approximately 12 months again.

They spend 934,910.52 CHF in August for expenses like Development, Marketing, Bounties and operations, so right now they have the CHF to cover almost 4 months, not counting other currencies.


By the way, Lisk foundation should buy Bitcoin right now, and not liquidating crypto assets.

If big players of crypto are liquidating at this price, near future is not looking good for us  Cry



This is the Total Assets Held by the Lisk Foundation


selling these coins on such low prices doesnt seems logical, unless there is another news that we are not aware of that !

is there anything we (the project followers, at least since the beginning) need to be aware of?
and one more little question is that, why there is a need of 12 month ahead fiat backup?
legendary
Activity: 1938
Merit: 1014
In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation:

This is the Total Assets Held by the Lisk Foundation
Where do you have the information from?

here if missed

Financial Update — August 2019
- Total Assets Held by the Lisk Foundation
- Crypto Asset Liquidation in August
- Total Expenditures for the Month of August

Learn more: https://blog.lisk.io/financial-update-august-2019-756e51ebc0a5.

legendary
Activity: 2660
Merit: 2229
https://t1p.de/6ghrf
In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation:

This is the Total Assets Held by the Lisk Foundation
Where do you have the information from?
legendary
Activity: 986
Merit: 1001
The Lisk Foundation is liquidating its assets in an on-going strategy to provide enough liquidity for the projects expenses. Currently, they are following the rule to have enough fiat to cover 12 months of expenses.

In the month of July, Lisk deposited the following cryptocurrencies to Bitcoin Suisse for liquidation:

    4.488,71406161 BCH on July 5th
    8.488,69406759 BSV on July 5th
    8.488,6940663 BTG on July 10th
    84.886,9406727 BCD on July 10th

They liquidated them into:

    1.026.612,11 CHF in July
    1.770.977,32 CHF in August

This totaled at 2.797.721,90 CHF.

To sustain 12 months in FIAT, we are looking to further liquidate some of our crypto assets. We will liquidate all remaining 4000 BCH, and enough BTC to sustain approximately 12 months again.

They spend 934,910.52 CHF in August for expenses like Development, Marketing, Bounties and operations, so right now they have the CHF to cover almost 4 months, not counting other currencies.


By the way, Lisk foundation should buy Bitcoin right now, and not liquidating crypto assets.

If big players of crypto are liquidating at this price, near future is not looking good for us  Cry



This is the Total Assets Held by the Lisk Foundation




sr. member
Activity: 924
Merit: 260
I think this is an absolute shitcoin but i have to say..... you are very honest to show your financial statements, bravo

Still wont buy until around 0.2$ so make me happy plz and dump a little


It is heading for what I bought in at on the ICO of 4/5ths of the total LISK I own. Exactly bought in at 25c per share ..when the ICO launched. (unsure if first run or 2nd run

or whatever) I am sure it was 25c per LISK.

They need to step things up, even with the BTC price bump they are barely hanging on by a thread.

Of course same thing for the last of my altcoins I own Siacoin and also bought in on LTC at 85 bucks....

sh*t flows downhill I guess

brad


From what I see in coinmarketcap, only the Binance coin survived the apocalypse. It is hard to pinpoint the exact value of cryptocurrencies since most if not all are still speculative. Anyway, it is a curse but also a boon since more new speculators might coming around alts again.
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