[ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2125.

MalReynolds

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Quote from: dzarmush on March 13, 2016, 06:13:04 AM

Ripple - Over 30M USD from VC's - 708,875 BTC market cap
Ethereum - 31,531 BTC from presale - 2,631,335 BTC market cap
MaidSafe - around 12,200 in BTC from presale - 109,525 BTC market cap
Stellar - 3M USD from Stripe - 30,538 BTC market cap
Bitshares - 500,000 USD from investors + 5625 BTC in donations (via BTS AGS) - 49,051 BTC market cap
Lisk - around 4400 BTC from presale. 8 days to go!
Factom - 2287 BTC from presale - 52,625 BTC market cap

Very interesting data. I have converted everything to current $415 BTC (yeah, I know, somewhat inaccurate, not "BTC price pop / price drop" adjusted) and added the most important one that you forgot.

NXT is in its twilight. In mid-2014 it was valued ten times higher than it is now. And those 21 BTC that started NXT were only about $220 each.

Quote from: redcastle on March 13, 2016, 06:36:59 AM

Incredible!!! Should invest at least 1 BTC then

Duh.

redcastle

full member

Activity: 168

Merit: 100

Quote from: dzarmush on March 13, 2016, 06:13:04 AM

Ripple - Over 30M USD from VC's - 708,875 BTC market cap
Ethereum - 31,531 BTC from presale - 2,631,335 BTC market cap
MaidSafe - around 12,200 in BTC from presale - 109,525 BTC market cap
Stellar - 3M USD from Stripe - 30,538 BTC market cap
Bitshares - 500,000 USD from investors + 5625 BTC in donations (via BTS AGS) - 49,051 BTC market cap
Lisk - around 4400 BTC from presale. 8 days to go!
Factom - 2287 BTC from presale - 52,625 BTC market cap

Incredible!!! Should invest at least 1 BTC then

dzarmush

legendary

Activity: 1806

Merit: 1001

Ripple - Over 30M USD from VC's - 708,875 BTC market cap
Ethereum - 31,531 BTC from presale - 2,631,335 BTC market cap
MaidSafe - around 12,200 in BTC from presale - 109,525 BTC market cap
Stellar - 3M USD from Stripe - 30,538 BTC market cap
Bitshares - 500,000 USD from investors + 5625 BTC in donations (via BTS AGS) - 49,051 BTC market cap
Lisk - around 4400 BTC from presale. 8 days to go!
Factom - 2287 BTC from presale - 52,625 BTC market cap

MalReynolds

legendary

Activity: 938

Merit: 1000

Quote from: ?? on ??

Quote from: redcastle on March 13, 2016, 05:52:11 AM

Quote from: MaGNeT on March 13, 2016, 05:50:25 AM

Quote from: ?? on ??

Lot of people invested in this ICO without realizing that this entire project is a fork of the old Crypti coin and dapp platform. Lisk Devs have yet to "create" anything new here, this why I think Lisk will drop as soon as it hits the exchanges. There will be many opportunities to buy below ICO price, until Devs actually release new features that they create, not something cloned from Crypti.

Most projects start with an ICO and have only a whitepaper and no finished code as a base to start from. Lisk already has this. Not saying price will go up but it is not likely to go down.

Not sure if join or not!!! How much would you invest?? Tongue

Don't be fooled by the 5% bonus, ICO is way too overpriced right now, just wait and buy after it launches on exchanges. It will drop in price just like 99% of all other ICOs when they launch on exchanges. You could literally pickup 2 or 3 times more Lisk then Wink

64% of the estimated current ICO market value of Lisk is pure liquid cash. Buy every single Lisk you can on an exchange that is priced lower than 0.64 of the launch price. Those sellers will be literally giving money away for free. With such buy pressure, there is no way the post-launch price devaluation factor will hit "two times" (0.50) or "three times" (0.33) what you can get during the ICO.

My opinion is that Lisk will pop and pop big because of the installed infrastructure on Day One, and all the publicity that is going to be generated by the approx. 4000+ BTC donation effort. 99% of the crypto world are not part of the ICO and has yet to even hear the word Lisk. Soon they will, and they will want in.

tuvok007

legendary

Activity: 1358

Merit: 1001

Current price 0.02314 usd or 5565 sathosi per lisk.

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: ?? on ??

Quote from: redcastle on March 13, 2016, 05:52:11 AM

Quote from: MaGNeT on March 13, 2016, 05:50:25 AM

Quote from: ?? on ??

Lot of people invested in this ICO without realizing that this entire project is a fork of the old Crypti coin and dapp platform.

Lisk Devs have yet to "create" anything new here, this why I think Lisk will drop as soon as it hits the exchanges. There will be many opportunities to buy below ICO price, until Devs actually release new features that they create, not something cloned from Crypti.

Most projects start with an ICO and have only a whitepaper and no finished code as a base to start from.

Lisk already has this.

Not saying price will go up but it is not likely to go down.

Not sure if join or not!!! How much would you invest?? Tongue

Don't be fooled by the 5% bonus, ICO is way too overpriced right now, just wait and buy after it launches on exchanges.

It will drop in price just like 99% of all other ICOs when they launch on exchanges.

You could literally pickup 2 or 3 times more Lisk then Wink

I wonder why only newbies with 1-3 posts know exactly what happens in future

MaGNeT

legendary

Activity: 1526

Merit: 1002

Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Quote from: redcastle on March 13, 2016, 05:52:11 AM

Quote from: MaGNeT on March 13, 2016, 05:50:25 AM

Quote from: ?? on ??

Lot of people invested in this ICO without realizing that this entire project is a fork of the old Crypti coin and dapp platform.

Lisk Devs have yet to "create" anything new here, this why I think Lisk will drop as soon as it hits the exchanges. There will be many opportunities to buy below ICO price, until Devs actually release new features that they create, not something cloned from Crypti.

Most projects start with an ICO and have only a whitepaper and no finished code as a base to start from.

Lisk already has this.

Not saying price will go up but it is not likely to go down.

Not sure if join or not!!! How much would you invest?? Tongue

Invest only what you are willing to lose.

I bought some in ICO and if price should drop, I'll buy some more at the exchanges.

MalReynolds

legendary

Activity: 938

Merit: 1000

Quote from: ?? on ??

Almost 50% of Lisk ICO participant are from RUSSIA and Ukraine

Aren't they afraid of the new 7 year prison sentence law for Bitcoin activity in Russia?
https://www.reddit.com/r/Bitcoin/comments/49y4xt/up_to_7_year_prison_term_for_bitcoin_use_in_russia/

Interesting but you have to take unverified Alexia results with a grain of salt. They come up with these numbers by asking people to install the Alexia toolbar, so it is a self selecting group. If only one person from a country with the Alexia toolbar installed in their browser shows up, and nobody from other countries, then the results get skewed like you see here. Website masters can install Alexia software on their site to get much more accurate results. That would be very interesting and valuable information.

@Max: I recommend you subscribe on this. Splurge for the "Advanced" package; I think you have the funds available for it. Wink

http://www.alexa.com/plans?ax_atid=c151db38-75b9-4c2c-8fa9-83ca6589ee4a

redcastle

full member

Activity: 168

Merit: 100

Quote from: MaGNeT on March 13, 2016, 05:50:25 AM

Quote from: ?? on ??

Lot of people invested in this ICO without realizing that this entire project is a fork of the old Crypti coin and dapp platform.

Lisk Devs have yet to "create" anything new here, this why I think Lisk will drop as soon as it hits the exchanges. There will be many opportunities to buy below ICO price, until Devs actually release new features that they create, not something cloned from Crypti.

Most projects start with an ICO and have only a whitepaper and no finished code as a base to start from.

Lisk already has this.

Not saying price will go up but it is not likely to go down.

Not sure if join or not!!! How much would you invest?? Tongue

MaGNeT

legendary

Activity: 1526

Merit: 1002

Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Quote from: ?? on ??

Lot of people invested in this ICO without realizing that this entire project is a fork of the old Crypti coin and dapp platform.

Lisk Devs have yet to "create" anything new here, this why I think Lisk will drop as soon as it hits the exchanges. There will be many opportunities to buy below ICO price, until Devs actually release new features that they create, not something cloned from Crypti.

Most projects start with an ICO and have only a whitepaper and no finished code as a base to start from.

Lisk already has this.

Not saying price will go up but it is not likely to go down.

Porsche911

member

Activity: 105

Merit: 10

Next week will be an exclusive Interview with Lisk CEO Max.

Check it out for more informations:

https://twitter.com/ProjectInvesd/status/708604244396482561
https://invesd.org/

Maythe2nd

full member

Activity: 140

Merit: 100

Last day for the 5% bonus!! only 19 hours left, we will touch 4k btc?

rezilient

hero member

Activity: 574

Merit: 500

Quote from: MaGNeT on March 13, 2016, 03:54:42 AM

Quote from: yonatangov on March 13, 2016, 03:35:41 AM

this message is aimed to the founders of lisk- max and oliver-

I'm invested in LISK, mainly because i think the team is enthusiastic, ran a good ico compaign and have a good idea to invest in.

MY MAIN CONCERN IS THAT THE COIN GOES OUT TO THE MARKET RIGHT AFTER THE ICO ENDS. WHICH MEANS- NOT MUCH DONE IN ORDER TO MAKE THE COIN ATTRACTIVE.

MY SUGGESTION-

1. DELAY THE DATE IN WHICH THE COIN GOES OUT TO THE MARKET IN A FEW MONTHS.
2. IN THE MEANWHILE- HIRE A GOOD TEAM WITH WELLKNOWN FACES AS ADVISORS.
3. START BUILDING THE PROJECT WITH GOOD PR.

OTHERWISE- im sure the coin value will drop once it goes out- AND WE DON'T WANT IT TO HAPPEN.

TNX!

I really don't mind, I'll buy up the weak hands.

I'll help you out on there.

Bubba-Gump

newbie

Activity: 39

Merit: 0

Quote from: Bigcabrito on March 13, 2016, 04:28:46 AM

Quote from: Kushedout on March 13, 2016, 04:19:55 AM

Quote from: Bigcabrito on March 13, 2016, 04:15:53 AM

Quote from: Bubba-Gump on March 13, 2016, 03:56:41 AM

Explain to me how "personalities" are relevant to a block chain. A potential delegate simply registers a public key. They don't have to prove their identity in any other way.

In order to register as a Delegate you will need to provide further information (e.g. full name, bitcointalk.org name, twitter, facebook, e-mail, etc.).

This enables voters to know who they are voting for.

Link to those mentioned requirements? I didnt see input area for those fields in the wallet.

Those are examples given, not mentioned requirements. As far as I know, this was discussed in the early stages of the ICO. I am not certain if it has been documented or if it is live on the test network. You would need to get an official confirmation from the developers that this will indeed go live before launching the coin.

By the way, "a lot more legitimacy" is a relative statement.

In the end, online identities are easy to fake and are essentially meaningless.

Bigcabrito

hero member

Activity: 504

Merit: 500

Communications Lead

Quote from: Kushedout on March 13, 2016, 04:19:55 AM

Quote from: Bigcabrito on March 13, 2016, 04:15:53 AM

Quote from: Bubba-Gump on March 13, 2016, 03:56:41 AM

Explain to me how "personalities" are relevant to a block chain. A potential delegate simply registers a public key. They don't have to prove their identity in any other way.

In order to register as a Delegate you will need to provide further information (e.g. full name, bitcointalk.org name, twitter, facebook, e-mail, etc.).

This enables voters to know who they are voting for.

Link to those mentioned requirements? I didnt see input area for those fields in the wallet.

Those are examples given, not mentioned requirements. As far as I know, this was discussed in the early stages of the ICO. I am not certain if it has been documented or if it is live on the test network. You would need to get an official confirmation from the developers that this will indeed go live before launching the coin.

Bubba-Gump

newbie

Activity: 39

Merit: 0

Quote from: Bigcabrito on March 13, 2016, 04:15:53 AM

Quote from: Bubba-Gump on March 13, 2016, 03:56:41 AM

Explain to me how "personalities" are relevant to a block chain. A potential delegate simply registers a public key. They don't have to prove their identity in any other way.

In order to register as a Delegate you will need to provide further information (e.g. full name, bitcointalk.org name, twitter, facebook, e-mail, etc.).

This enables voters to know who they are voting for.

Okay, this is missing from the handbook. It needs to be in there. I'm not completely convinced of the wisdom of this system yet, but I fully concede that tying the voting mechanism to real-world input adds a lot more legitimacy to this type of process.

Kushedout

legendary

Activity: 1123

Merit: 1000

SaluS - (SLS)

Quote from: Bigcabrito on March 13, 2016, 04:15:53 AM

Quote from: Bubba-Gump on March 13, 2016, 03:56:41 AM

Explain to me how "personalities" are relevant to a block chain. A potential delegate simply registers a public key. They don't have to prove their identity in any other way.

In order to register as a Delegate you will need to provide further information (e.g. full name, bitcointalk.org name, twitter, facebook, e-mail, etc.).

This enables voters to know who they are voting for.

Link to those mentioned requirements? I didnt see input area for those fields in the wallet.

Bigcabrito

hero member

Activity: 504

Merit: 500

Communications Lead

Quote from: Bubba-Gump on March 13, 2016, 03:56:41 AM

Explain to me how "personalities" are relevant to a block chain. A potential delegate simply registers a public key. They don't have to prove their identity in any other way.

In order to register as a Delegate you will need to provide further information (e.g. full name, bitcointalk.org name, twitter, facebook, e-mail, etc.).

This enables voters to know who they are voting for.

Kushedout

legendary

Activity: 1123

Merit: 1000

SaluS - (SLS)

Quote from: Bubba-Gump on March 13, 2016, 03:56:41 AM

Quote from: Bigcabrito on March 13, 2016, 03:42:27 AM

Only if you hold 51% of the total coin supply can you guarantee control of the delegates.

Other than this, it is just pure speculation. Your scenario where a whale may control 30 or maybe 40 percent of the total coin supply, and by plurality (or relative majority) they may take over the delegates is a possibility, but highly unlikely as he would have to create 101 personalities over night (unless he has been prepared for this in the past months and has created multiple identities). Although, how would this be beneficial for the whale? He would be sinking his own ship by the upcoming FUD and the possible demise of the cryptocurrency he is so invested in.

Explain to me how "personalities" are relevant to a block chain. A potential delegate simply registers a public key. They don't have to prove their identity in any other way.

Like you said, taking over all the delegates with a plurality of the vote is possible. So you agree with my core criticism of the security mechanism.

But I also think it is more likely than you make it out to be. Dominating the chain with a plurality of the vote is a way to optimize staking. A whale who takes this strategy need not intend to attack the chain or do any harm to it. But they will disproportionately be awarded new mint in the process. That's the underlying weakness and creates unreasonable opportunities and incentive for centralization.

^ This.

If combined effort can grab a sit, any sit bellow that is guaranteed. Extreme, but likely case would be, If they take the #1 spot, the remaining 100 is guaranteed.

I would realy like to see Lisk team comment on this.

Bubba-Gump

newbie

Activity: 39

Merit: 0

Quote from: Bigcabrito on March 13, 2016, 03:42:27 AM

Only if you hold 51% of the total coin supply can you guarantee control of the delegates.

Other than this, it is just pure speculation. Your scenario where a whale may control 30 or maybe 40 percent of the total coin supply, and by plurality (or relative majority) they may take over the delegates is a possibility, but highly unlikely as he would have to create 101 personalities over night (unless he has been prepared for this in the past months and has created multiple identities). Although, how would this be beneficial for the whale? He would be sinking his own ship by the upcoming FUD and the possible demise of the cryptocurrency he is so invested in.

Explain to me how "personalities" are relevant to a block chain. A potential delegate simply registers a public key. They don't have to prove their identity in any other way.

Like you said, taking over all the delegates with a plurality of the vote is possible. So you agree with my core criticism of the security mechanism.

But I also think it is more likely than you make it out to be. Dominating the chain with a plurality of the vote is a way to optimize staking. A whale who takes this strategy need not intend to attack the chain or do any harm to it. But they will disproportionately be awarded new mint in the process. That's the underlying weakness and creates unreasonable opportunities and incentive for centralization.

Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2125. (Read 3074324 times)