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Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 1855. (Read 3074324 times)

legendary
Activity: 1526
Merit: 1026
want to know honest price speculation of lisk on release an after 6 months. please do not laugh at me Tongue
legendary
Activity: 1344
Merit: 1001
https://yobit.net/en/trade/LISK/BTC
Is this coin imitating LISK?

May anyone copy-paste a screenshot from Yobit with Lisk "deposit" page?
hero member
Activity: 1204
Merit: 509
It's been a while, but didn't XCR do more or less the same thing back during the Bter days? There was a delay between ICO ending and actual release of coin, so Bter allowed trading of 'tokens' before the actual release. I don't see that much difference between what happened back then and what Yobit is doing (so no reason for anyone to complain).

End result was a higher price for XCR, if I recall correctly. Other ICOs have done the same, typically with asset trading (nxt exchange, etc) before their real release.
hero member
Activity: 504
Merit: 500
Communications Lead
Official Statement on YoBit LISK “IOU Token” Trading

We have released an official statement on our blog regarding the YoBit "IOU Tokens" early trading.

In summary, we are not endorsing the trade of non-existing LISK.

It is advised to wait until the official launch is ready to begin trading LISK. Once it's launched, Lisk will surely be added to reputable exchanged where the risk of theft and fraud is lower.
legendary
Activity: 1050
Merit: 1000
That is really strange to see Lisk is trading on yobit, what is going there and this is really panic for investors who are still waiting to get their one till mainnet will be launched,
https://yobit.net/en/trade/LISK/BTC
hero member
Activity: 560
Merit: 500
I'm just not convinced they have right to do such thing.. But this is great thing for Yobit, they will finally get their volume they deserve, and they will join Bittrex and Poloniex on the top , all thanks can go to LISK..
legendary
Activity: 1386
Merit: 1001
greatest way to create a bunch of bagholders before "grand" opening?


and build a floor at least or raise false illusion.
sr. member
Activity: 675
Merit: 254
So far so good
What means IOU guys?
A promise to pay a debt, especially a signed paper stating the specific amount owed and often bearing the letters IOU. I Owe You <3

Thanks for this explanation Splatters (I'm not fluent in english).
legendary
Activity: 1044
Merit: 1050
I would have thought Lisk to launch on Polo. Slick move by Yobit. At least now one can get a feeling of the value of Lisk.

If only there price would hold psychologically in peoples mind when it hits exchanges officially.
hero member
Activity: 739
Merit: 500
This is an interesting development.
Much depend on how much LISKIOU will gets sold until launch, at what avarage price.
And we will never know of course, because there is no way Yobit don't inflate the volume.

But let's not get crazy, this is not unprecedented, it happend to other coins in some form.
As it happens Crypti was also traded before launch, at bter. They assisted with the ICO, and allowed trading the ICO tokens before switching to the real think after launch.

Similar things can and did also happen on the NXT asset exchange before. I could create an asset right now, say Lisktoken, and presto people can buy lisk from me (and after that trade normally from there). The only thing I had to do for it to be workable is a garantee that I'll make good on my IOU. So let's say I create the asset with 1 000 000 tokens, thats 1 million Lisk. If I put 1 million lisk worth of bitcoin (with some safety markings, lets say 10 times ICO price) into escrow with the promise that I'll exchange the tokens for real Lisk withing a week after launch.
hero member
Activity: 798
Merit: 500
I would have thought Lisk to launch on Polo. Slick move by Yobit. At least now one can get a feeling of the value of Lisk.

Do you happen to have any background info on Yobit? Who's running the place?

edit: here's Yobit's ANN: https://bitcointalksearch.org/topic/yobitnet-cryptocurrency-exchange-multicoin-dice-free-coins-every-1-24-hrs-914975
edit2:
Quote
https://twitter.com/YobitExchange/status/717734899667574784
‏@YobitExchange
Lisk [LISK] trade is open: https://yobit.net/en/trade/LISK/BTC
We bought some amount of coins on ICO and now it's available for trade.
legendary
Activity: 1330
Merit: 1000
greatest way to create a bunch of bagholders before "grand" opening?


and build a floor at least or raise false illusion.
legendary
Activity: 1638
Merit: 1013
I would have thought Lisk to launch on Polo. Slick move by Yobit. At least now one can get a feeling of the value of Lisk.

But then again, most alts start at Yobit.
legendary
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
What means IOU guys?
A promise to pay a debt, especially a signed paper stating the specific amount owed and often bearing the letters IOU. I Owe You <3
full member
Activity: 168
Merit: 100
I personally do not only see the negative aspects from the YoBit "Pre-ICO-trading".

It very interesting to see what traders are willing to pay currently. And 0.00189 BTC is not too bad, right? That's 0.8 USD.  
So it can be seen as an indication for the official ICO. And I think buying momentum after the ICO will not be affected much by this.

Another topic on verifying the ICO generated passphrases.

Is is correct that only one of the generated passphrases (of the three key lines) gets validated .. or should all of the generated lines receive validation?
hero member
Activity: 532
Merit: 500
So can we give Yobit a Bitcoin IOU if we set a buy order now?
legendary
Activity: 1526
Merit: 1026
we all have rights to buy and sell any coin anytime and anywhere wee want.
sr. member
Activity: 675
Merit: 254
So far so good
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