[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 18.

lestherat

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

ePesoInitiative

sr. member

Activity: 924

Merit: 260

Quote from: Searing on September 26, 2019, 02:26:41 PM

Quote from: Deathrow on September 26, 2019, 02:23:13 PM

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.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: Deathrow on September 26, 2019, 02:23:13 PM

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

Deathrow

newbie

Activity: 12

Merit: 0

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

Makleyhill

member

Activity: 616

Merit: 11

BitFlyer co-chair and chief operating officer Andy Bryant made a statement that in the near future they will add new cryptocurrencies, LSK also got into this list, respectively https://www.coindesk.com/bitflyer-announces-new-cryptocurrency-offerings

thandie

legendary

Activity: 2016

Merit: 1360

Quote from: Termie on September 16, 2019, 01:26:10 PM

what should I watch there? That ~200 000 LSK of the community fund are going back to their donators, whereof at least a part of them will dump it immediately at exchanges and thereby rekt the prices further? *yawn2*, or maybe better :headdesk:

You think Max will dump his 100k LSK? Not very likely but, well, who knows... Grin

TomThumb

member

Activity: 189

Merit: 12

ePesoInitiative

sr. member

Activity: 924

Merit: 260

Quote from: Arnaud on September 15, 2019, 02:27:01 AM

Quote from: BitMaver on September 13, 2019, 11:54:49 AM

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.

Yeah having some financials infos is great to help investors. I remember Crypti runned out of fund, hope It will not happen to lisk also.

Anyone remembers that line, "Lisk is risk"? It was tweeted years ago by some crypto Twitter influencer. Anyway, the Lisk Foundation must get donors before they run out of funds, maybe from enterprises that plan to build on top of Lisk.

Termie

sr. member

Activity: 642

Merit: 292

what should I watch there? That ~200 000 LSK of the community fund are going back to their donators, whereof at least a part of them will dump it immediately at exchanges and thereby rekt the prices further? *yawn2*, or maybe better :headdesk:

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: dreamax25 on September 16, 2019, 04:12:37 AM

Lisk got ranked as one of the top coins to watch for this week, read more:

https://coincodex.com/article/5118/top-3-coins-to-watch-september-16-september-22-2019/

yawn!

dreamax25

full member

Activity: 365

Merit: 103

Lisk got ranked as one of the top coins to watch for this week, read more:

https://coincodex.com/article/5118/top-3-coins-to-watch-september-16-september-22-2019/

Makleyhill

member

Activity: 616

Merit: 11

An updated version of the Lisk Hub 1.20.0 wallet is available on the site, it supports Ledger Nano X and UX improvements.
https://lisk.io/hub

Arnaud

sr. member

Activity: 385

Merit: 251

Quote from: BitMaver on September 13, 2019, 11:54:49 AM

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.

Yeah having some financials infos is great to help investors. I remember Crypti runned out of fund, hope It will not happen to lisk also.

Deathrow

newbie

Activity: 12

Merit: 0

I'll buy some at 0.15$. That should be te price of this piece of shit. Just like in 2014. Maybe in can again make a x200
Max still wearing shorts and fucking sandals on these conferences? Lol that were some funny days

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

LISK under a buck now. At $0.929724 a LISK.

Looking like it is fading fast.

BitMaver

full member

Activity: 742

Merit: 106

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.

LiskPro.com

full member

Activity: 245

Merit: 124

We love blockchain !

Quote from: boomboom on September 06, 2019, 08:25:54 PM

Is the Sherwood pool dead now, is there another option that has similar philosophy?

The Sherwood pool is not dead ! But only Robinhood remains in forging position.
We strongly encourage voters to keep supporting Sherwood.

For example, recently, a lot of delegate leave groups and told they will share nothing :
- Joo5ty leaves GDT and now shares 0% - nothing
- PhillHellMuth leaves DGT and now shares 30%
- Joel leaves GTD and shares 30%
- Caroline leaves Elite and shares 0% - nothing

Why not swapping these delegates with :
- LiberSpirita who will share 60%
- Liskpro.com who will share 60%
- BloqSpace who will share 60%
- LiscAscend who will share 60%

You got me ? Math bro, this is math. No rocket science. Just math.

thenextking

member

Activity: 235

Merit: 62

Trust should or been broke long ago, it copy from Ark once is OK, twice is not OK but in Lisk case is endless times.
Not to say it's going into 4 years in a few months with no real product and real goal. Max as co-founder have no idea of his blockchain as he's not a coder and already made off millions! I believed he'd made no less than $50million. Oliver is not a quality coder, his forked Lisk blockchain broke seen day one, I lost money because of Lisk broken blockchain on Poloniex.

bitcoinbox

sr. member

Activity: 675

Merit: 254

So far so good

Quote from: Arnaud on September 11, 2019, 10:18:54 PM

Damn, lsk is tanking with this minus 9. 0,000089, why ?

The price reflects the confidence investors have in a project/company. In Lisk's case, I have the feeling that trust is broken.

Arnaud

sr. member

Activity: 385

Merit: 251

Damn, lsk is tanking with this minus 9. 0,000089, why ?

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