[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2083.

bitbitch

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Quote from: MalReynolds on March 18, 2016, 08:16:41 AM

Quote from: NatoshiSakamato on March 18, 2016, 08:13:58 AM

Just let them pump the hell out of it. In the end it is ALL PnD.

Lisk is NOT a pump and dump coin and it is worth fighting right here and right now to keep it that way.

once any coin hits the exchanges it's open season for the market to decide what happens to price. the price is a reflection of all variables, and whales are a well known variable factor in crypto trading.

If after the ICO closes on Monday things look difficult Max and Oliver could have a rethink. It can come under 'force majeure'. indentured servitude is a thing of the past.

I would suggest a full refund and a new ICO, issued by an incorporated entity this time, and with limits on individual contributions to the fund. the rules need to be better thought through imho.

lordoliver

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Quote from: Kevinrasf on March 18, 2016, 08:20:46 AM

Quote from: Wysi on March 18, 2016, 08:19:03 AM

why would someone buy 1000 btc of lisk to dump it on launch below what they paid.

Unless they are stupid af.

What am i missing?

A dump could cause panic and amateurs would sell so whales can buy back at lower price.

People need to put more trust in what they put their money in.

The problem is, that most people don't know about those techniques and they don't see the danger...

possible scenario:
after release on the first exchange the wale dumps everything down to 50% of the ipo. There is no price support, because everyone is already in (and the smarter ones know about this dump). A lot of week hands of the ico loose half of their money and the wale will buy everything back in order to have even more of the coins...

Kevinrasf

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Activity: 560

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Quote from: Wysi on March 18, 2016, 08:19:03 AM

why would someone buy 1000 btc of lisk to dump it on launch below what they paid.

Unless they are stupid af.

What am i missing?

A dump could cause panic and amateurs would sell so whales can buy back at lower price.

People need to put more trust in what they put their money in.

Wysi

sr. member

Activity: 1638

Merit: 261

why would someone buy 1000 btc of lisk to dump it on launch below what they paid.

Unless they are stupid af.

What am i missing?

Kevinrasf

hero member

Activity: 560

Merit: 500

Even though I dont like the idea of big whales holding more then 10% of a coin this is an ICO without rules on that topic.

And the more fund the longer or more people can be hired.

I wont like the idea of suddenly changing the rules 3 days prior the ending of the ICO.

Videodrome

hero member

Activity: 588

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Free Julian Assange

big wales are calling big wales.

100% is a chinese exchange making reserve.

If other exchange join ICO after this...oh god we will see...but ready to watch your lisk burned!

Splatters

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Quote from: ?? on ??

Quote from: Splatters on March 18, 2016, 08:09:04 AM

Quote from: lordoliver on March 18, 2016, 08:05:48 AM

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

dream on...
they had to do a hard cap in the beginning already. now its against the rule...
I would like it, but I guess it doesn't work. But Also having an estimated coins in there, where you have half after a week is some kind of snowball system technique...

agree it's too late. It was obvious that someone big was going to buy lisk. And maybe its plan was to make us notice it....

the fomo would be much greater during launch now if they locked the ico. Hell, us talking about getting the ico shut down will probably make more btc flood in.

I don't think it's "legit" if dev comes now and say that the ico is over @xxxx btc and who's bought after that will be refunded.
Now we're here, if they want to finish it early they have to set a new countdown. Say just stop now, will make a lot of disagreement.
And btw setting another countdown will surely start a FOMO from who's waiting one day ore the last one to invest.

MalReynolds

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Quote from: NatoshiSakamato on March 18, 2016, 08:13:58 AM

Just let them pump the hell out of it. In the end it is ALL PnD.

Lisk is NOT a pump and dump coin and it is worth fighting right here and right now to keep it that way.

Pietpiraat

sr. member

Activity: 326

Merit: 250

Quote from: MalReynolds on March 18, 2016, 08:12:36 AM

Quote from: lordoliver on March 18, 2016, 08:08:39 AM

Quote from: MalReynolds on March 18, 2016, 08:07:31 AM

Quote from: lordoliver on March 18, 2016, 08:05:48 AM

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

dream on...
they had to do a hard cap in the beginning already. now its against the rule...
I would like it, but I guess it doesn't work

Offer refunds for a breach of the rules. Nobody will ask for a refund.

Yea, but why should they do that? The more we spend, the more they get...

Max and Oliver are losing control of this coin. Two people now own more Lisk than the Lisk Foundation does. What happens when the next whale comes in with 2000 BTC? 5000 BTC? These could very well be Ethereum "newly rich" that absolutely do not have the best interest of Lisk at heart.

We are in hostile takeover territory.

Just stop investing and buy on the exchange, if what you saying is right they for sure will dump 50% to get their investment back

NatoshiSakamato

newbie

Activity: 33

Merit: 0

Quote from: MalReynolds on March 18, 2016, 08:12:36 AM

Quote from: lordoliver on March 18, 2016, 08:08:39 AM

Quote from: MalReynolds on March 18, 2016, 08:07:31 AM

Quote from: lordoliver on March 18, 2016, 08:05:48 AM

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

dream on...
they had to do a hard cap in the beginning already. now its against the rule...
I would like it, but I guess it doesn't work

Offer refunds for a breach of the rules. Nobody will ask for a refund.

Yea, but why should they do that? The more we spend, the more they get...

Max and Oliver are losing control of this coin. Two people now own more Lisk than the Lisk Foundation does. What happens when the next whale comes in with 2000 BTC? 5000 BTC? These could very well be Ethereum "newly rich" that absolutely do not have the best interest of Lisk at heart.

We are in hostile takeover territory.

Who cares....

Just let them pump the hell out of it. In the end it is ALL PnD.

MalReynolds

legendary

Activity: 938

Merit: 1000

Quote from: lordoliver on March 18, 2016, 08:08:39 AM

Quote from: MalReynolds on March 18, 2016, 08:07:31 AM

Quote from: lordoliver on March 18, 2016, 08:05:48 AM

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

dream on...
they had to do a hard cap in the beginning already. now its against the rule...
I would like it, but I guess it doesn't work

Offer refunds for a breach of the rules. Nobody will ask for a refund.

Yea, but why should they do that? The more we spend, the more they get...

Max and Oliver are losing control of this coin. Two people now own more Lisk than the Lisk Foundation does. What happens when the next whale comes in with 2000 BTC? 5000 BTC? These could very well be Ethereum "newly rich" that absolutely do not have the best interest of Lisk at heart.

We are in hostile takeover territory.

bitbitch

sr. member

Activity: 434

Merit: 250

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

the big problem with that is there is no incorporated entity, and therefore no memorandum and articles of association. there is no way to submit such a 'resolution'. there are no voting rules. The T&Cs of the ICO do not permit such a move. it would be illegal.

NorrisK

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Activity: 1946

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Just remember that you never actually had a certain amount of coins to begin with. The coins would always have been distributed depending on the amount raised.

Yes the number will be lower, yes it will be harder to make 10x or more fast due to higher market cap, but that is the game.

Big investors do mean more money for development and potentially some big money pumping up the price and not willing to let it go down a lot.

NatoshiSakamato

newbie

Activity: 33

Merit: 0

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

You kidding?

Ferrari's, Hoes and Cocaine are expensive don't you know?

jk

Splatters

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Quote from: lordoliver on March 18, 2016, 08:05:48 AM

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

dream on...
they had to do a hard cap in the beginning already. now its against the rule...
I would like it, but I guess it doesn't work. But Also having an estimated coins in there, where you have half after a week is some kind of snowball system technique...

agree it's too late. It was obvious that someone big was going to buy lisk. And maybe its plan was to make us notice it....

lordoliver

legendary

Activity: 1666

Merit: 1020

expect(brain).toHaveBeenUsed()

Quote from: MalReynolds on March 18, 2016, 08:07:31 AM

Quote from: lordoliver on March 18, 2016, 08:05:48 AM

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

dream on...
they had to do a hard cap in the beginning already. now its against the rule...
I would like it, but I guess it doesn't work

Offer refunds for a breach of the rules. Nobody will ask for a refund.

Yea, but why should they do that? The more we spend, the more they get...

Pietpiraat

sr. member

Activity: 326

Merit: 250

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

No that ain't fair its all in the game

MalReynolds

legendary

Activity: 938

Merit: 1000

Quote from: lordoliver on March 18, 2016, 08:05:48 AM

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

dream on...
they had to do a hard cap in the beginning already. now its against the rule...
I would like it, but I guess it doesn't work

OFFER REFUNDS FOR THIS BREACH OF THE RULES. NOBODY WILL ASK FOR A REFUND.

lordoliver

legendary

Activity: 1666

Merit: 1020

expect(brain).toHaveBeenUsed()

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

dream on...
they had to do a hard cap in the beginning already. now its against the rule...
I would like it, but I guess it doesn't work. But Also having an estimated coins in there, where you have half after a week is some kind of snowball system technique...

Videodrome

hero member

Activity: 588

Merit: 503

Free Julian Assange

Quote from: MalReynolds on March 18, 2016, 08:03:58 AM

I HEREBY OFFICIALLY VOTE THAT THE LISK ICO BE DECLARED OVER AT 6000 BTC (BEFORE THE RECENT 1000 and 300 BTC DONATIONS) TO AVOID A HOSTILE TAKEOVER OF THIS COIN IN THE REMAINING 64 HOURS.

I agree.I vote for this too.

Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2083. (Read 3074169 times)