[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1837.

Tubsie

jr. member

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Quote from: LemonAndFriesOne on April 06, 2016, 06:02:21 PM

just admit it, that was smart of yobit to do by being part of the ico

Yes I think so as well they will get a lot of exposure themselves, because they are the only legit place selling Lisk.
But because there is a limited Supply the price will go up quick, But it good the Devs released a Statement so quickly!

aleksand

legendary

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Any news about facebook bounty company? I got no message at facebook(

LiskCryptoFan

member

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Quote from: godda04 on April 06, 2016, 06:08:17 PM

Yeah it's clever of yobit to make some money, but kind of stupid aswell. If for instance something drastically goes wrong with Lisk, Yobit are already making money of people buying their lisk which they don't even own yet. What if they never get it. What if they mess wallets up and something terrible goes wrong. Traders will be at a huge loss. Not to mention the trading fees. It's undeniable that there has never been so much volume on Yobit and they will be making quite a bit if this keeps up on those fees. They're playing with fire in my eyes.

They are taking a calculated risk. The must believe that not only the sales from their ICO holding but future business is worth the gamble you expressed above.

AltcoinScamfinder

hero member

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Quote from: trademark on April 06, 2016, 06:09:11 PM

Wouldn't it be funny if the devs refund Yobit's ico? I think it would shut them down permanently.

They would literally kill their entire ICO if they did. The crypto community isn't really big on the concept of going back on your word or plan. They can, but it would be their own grave.

nickhiggins123

sr. member

Activity: 285

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Quote from: trademark on April 06, 2016, 06:09:11 PM

Wouldn't it be funny if the devs refund Yobit's ico? I think it would shut them down permanently.

No, it would not be funny and I absolutely despise Yobit.

LiskCryptoFan

member

Activity: 70

Merit: 10

Quote from: jcksteve on April 06, 2016, 06:06:40 PM

Quote from: AltcoinScamfinder on April 06, 2016, 05:59:31 PM

Quote from: jcksteve on April 06, 2016, 05:57:19 PM

Quote from: AltcoinScamfinder on April 06, 2016, 05:46:12 PM

Quote from: axlroses on April 06, 2016, 05:44:59 PM

Quote from: hugabase on April 06, 2016, 05:38:44 PM

Lisk trade on Yobit...??

https://yobit.net/en/trade/LISK/BTC

wow LISK

Yep, at like $2.50 per

so How can Yobit get lisk..??isn't that lisk wallet not yet released..??

Just read.. It's been the topic of conversation all day. TLDR: They purchased prob 500k+ list in the ICO, and created an IOU (just like gatecoin for REP, or the early Ethereum Coin). The End

Yes i knoww,but how can to withdraw from ico.lisk wallet,..??

You don't. These are IOUs.

Jane is willing to pay $50 a piece for 100 vibrators
Jane tells her customer the product isn't in yet, however, here's 100 IOUs that are redeemable once the shipment comes in
Jane sells the 50 IOUs to Jill at $60, 50 IOUs to Bambi at $75
Jill and Bambi are betting that Jane really placed the order and not just selling worthless IOUs
Vibrator INC is upset because their product isn't out yet

trademark

legendary

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Wouldn't it be funny if the devs refund Yobit's ico? I think it would shut them down permanently.

godda04

sr. member

Activity: 476

Merit: 500

Yeah it's clever of yobit to make some money, but kind of stupid aswell. If for instance something drastically goes wrong with Lisk, Yobit are already making money of people buying their lisk which they don't even own yet. What if they never get it. What if they mess wallets up and something terrible goes wrong. Traders will be at a huge loss. Not to mention the trading fees. It's undeniable that there has never been so much volume on Yobit and they will be making quite a bit if this keeps up on those fees. They're playing with fire in my eyes.

AltcoinScamfinder

hero member

Activity: 840

Merit: 500

Quote from: windjc on April 06, 2016, 06:00:10 PM

Quote from: mistercashking on April 06, 2016, 04:49:29 PM

Quote from: windjc on April 06, 2016, 04:47:44 PM

Quote from: dzarmush on April 06, 2016, 04:41:21 PM

Quote from: windjc on April 06, 2016, 04:40:28 PM

I don't understand. How can Lisk trade on Yobit? It isnt available yet. Please explain.

They trade lisk tokens

Ok, but how are those tokens redeemed?

The exchange will simply swap them with the real tokens they bought during ico when it launches.

But how many did the exchange buy? They can't sell more than they bought,

No one knows. It's not impossible they bought 1k BTC worth or more.

MGM

full member

Activity: 224

Merit: 100

Quote from: MGM on April 02, 2016, 04:27:10 PM

Quote from: cannabanana on April 02, 2016, 04:11:08 PM

Quote from: davide72 on April 02, 2016, 04:06:37 PM

Hi guys , how much cost 1 lisK now?

I think around 0.18 BTC

1 BTC = aprox. 5500 Lisk

Don't let others fool you...

1 Lisk = $3.15 USD on average at the moment.

It should be updated on http://coinmarketcap.com pretty soon.

I told you LAST WEEK that Lisk will be on CoinMarketCap:

https://coinmarketcap.com/currencies/lisk/#charts

It will start trading at $3.15 USD on Rex & Polo

jcksteve

hero member

Activity: 830

Merit: 500

Quote from: AltcoinScamfinder on April 06, 2016, 05:59:31 PM

Quote from: jcksteve on April 06, 2016, 05:57:19 PM

Quote from: AltcoinScamfinder on April 06, 2016, 05:46:12 PM

Quote from: axlroses on April 06, 2016, 05:44:59 PM

Quote from: hugabase on April 06, 2016, 05:38:44 PM

Lisk trade on Yobit...??

https://yobit.net/en/trade/LISK/BTC

wow LISK

Yep, at like $2.50 per

so How can Yobit get lisk..??isn't that lisk wallet not yet released..??

Just read.. It's been the topic of conversation all day. TLDR: They purchased prob 500k+ list in the ICO, and created an IOU (just like gatecoin for REP, or the early Ethereum Coin). The End

Yes i knoww,but how can to withdraw from ico.lisk wallet,..??

LemonAndFriesOne

legendary

Activity: 1050

Merit: 1000

just admit it, that was smart of yobit to do by being part of the ico

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: mistercashking on April 06, 2016, 04:49:29 PM

Quote from: windjc on April 06, 2016, 04:47:44 PM

Quote from: dzarmush on April 06, 2016, 04:41:21 PM

Quote from: windjc on April 06, 2016, 04:40:28 PM

I don't understand. How can Lisk trade on Yobit? It isnt available yet. Please explain.

They trade lisk tokens

Ok, but how are those tokens redeemed?

The exchange will simply swap them with the real tokens they bought during ico when it launches.

But how many did the exchange buy? They can't sell more than they bought,

AltcoinScamfinder

hero member

Activity: 840

Merit: 500

Quote from: jcksteve on April 06, 2016, 05:57:19 PM

Quote from: AltcoinScamfinder on April 06, 2016, 05:46:12 PM

Quote from: axlroses on April 06, 2016, 05:44:59 PM

Quote from: hugabase on April 06, 2016, 05:38:44 PM

Lisk trade on Yobit...??

https://yobit.net/en/trade/LISK/BTC

wow LISK

Yep, at like $2.50 per

so How can Yobit get lisk..??isn't that lisk wallet not yet released..??

Just read.. It's been the topic of conversation all day. TLDR: They purchased prob 500k+ list in the ICO, and created an IOU (just like gatecoin for REP, or the early Ethereum Coin). The End

jcksteve

hero member

Activity: 830

Merit: 500

Quote from: AltcoinScamfinder on April 06, 2016, 05:46:12 PM

Quote from: axlroses on April 06, 2016, 05:44:59 PM

Quote from: hugabase on April 06, 2016, 05:38:44 PM

Lisk trade on Yobit...??

https://yobit.net/en/trade/LISK/BTC

wow LISK

Yep, at like $2.50 per

so How can Yobit get lisk..??isn't that lisk wallet not yet released..??

AltcoinScamfinder

hero member

Activity: 840

Merit: 500

Quote from: LiskCryptoFan on April 06, 2016, 05:47:41 PM

Quote from: AltcoinScamfinder on April 06, 2016, 05:38:17 PM

Quote from: LiskCryptoFan on April 06, 2016, 05:35:03 PM

Quote from: AltcoinScamfinder on April 06, 2016, 05:31:26 PM

Quote from: orryde on April 06, 2016, 03:02:36 PM

Quote from: instacalm on April 06, 2016, 03:01:24 PM

Quote from: mvdheuvel1983 on April 06, 2016, 02:26:16 PM

By the way who even knows IF yobit even bought on the ICO and how much. They may even be selling "lisk" that they have to buy when lisk launches.

Indeed

That sounds soooo sacmmy. Do you think that is what they are actually doing?

Obviously they are not. Just like Gatecoin they have a chunk of the ICO, and are floating the market with it. There is no business scenario where it makes sense to run a scam for a few 100 btc.

Exactly. Look at the business Gatecoin received from their REP IOU.

Hell, even the amateur-IOU for Ethereum sent their 'customers' the actual crypto. There is just no point to running some kind of scam using IOU, because if you aren't big enough for it to cost more than it's worth people won't trade it.

I understand Lisk wanting to protect their customers, that's noble. On the flip side, if they think they can somehow control market forces, they are kidding themselves. It blows my mind that they seem surprised this would happen. As you already referenced Gatecoin, this was predictable. The announcement about pushing back the deadline made it even more predictable. I just thought Gatecoin would do it first.

Yep, I also thought gatecoin would beat them to it. But YObit makes sense, they are older in the market and respected in Asia. As exchanges evolve, this will be more and more common as a way to attract customers. I know Gatecoin already have a deal with slock.it and will do the same with their ICO.

LiskCryptoFan

member

Activity: 70

Merit: 10

Quote from: AltcoinScamfinder on April 06, 2016, 05:38:17 PM

Quote from: LiskCryptoFan on April 06, 2016, 05:35:03 PM

Quote from: AltcoinScamfinder on April 06, 2016, 05:31:26 PM

Quote from: orryde on April 06, 2016, 03:02:36 PM

Quote from: instacalm on April 06, 2016, 03:01:24 PM

Quote from: mvdheuvel1983 on April 06, 2016, 02:26:16 PM

By the way who even knows IF yobit even bought on the ICO and how much. They may even be selling "lisk" that they have to buy when lisk launches.

Indeed

That sounds soooo sacmmy. Do you think that is what they are actually doing?

Obviously they are not. Just like Gatecoin they have a chunk of the ICO, and are floating the market with it. There is no business scenario where it makes sense to run a scam for a few 100 btc.

Exactly. Look at the business Gatecoin received from their REP IOU.

Hell, even the amateur-IOU for Ethereum sent their 'customers' the actual crypto. There is just no point to running some kind of scam using IOU, because if you aren't big enough for it to cost more than it's worth people won't trade it.

I understand Lisk wanting to protect their customers, that's noble. On the flip side, if they think they can somehow control market forces, they are kidding themselves. It blows my mind that they seem surprised this would happen. As you already referenced Gatecoin, this was predictable. The announcement about pushing back the deadline made it even more predictable. I just thought Gatecoin would do it first.

AltcoinScamfinder

hero member

Activity: 840

Merit: 500