Bull$#!t... Show me one real life IPO where you've seen the share value of IPO investors get diluted with the increase of number of investors.
I was going to invest more in this ICO, but now that my Lisk funds keep dropping dramatically on daily basis, while Lisk Devs get richer, I rather invest elsewhere.
I was going to invest more in this ICO, but now that my Lisk funds keep dropping dramatically on daily basis, while Lisk Devs get richer, I rather invest elsewhere.
Jesus H. Christ. I am totally astounded by the complete ignorance of many people posting here. What the hell were you doing in math class as a kid?
THERE IS A FIXED 85M LISK BEING SPLIT PROPORTIONALLY BETWEEN A RISING NUMBER OF DONORS.
THEIR ARRIVAL REDUCES YOUR OWNERSHIP SHARE.
THEIR MONEY KEEPS THE VALUE OF YOUR REDUCED OWNERSHIP SHARE AT YOUR ORIGINAL DONATION VALUE.
AS YOUR SHARE GOES DOWN, THE SATOSHI PRICE GOES UP TO COMPENSATE.
YOU LOSE NOTHING!
And that 10% of Lisk going to core devs and consultants? It's currently only worth about $100,000 total. That's NOT "living large".
To double that $100K, they've got to double the market cap of Lisk on the open market...
AND AT THAT POINT YOU WILL GET THE SAME PERCENTAGE BOOST ON YOUR HOLDINGS AS THEY DO!
It's people like you who keep hyping this ICO that get me even more worried about investing in this ICO.
As Lisk Market Cap rises during the ICO from $1 million to $2 million, investors fund value remains the same, while Devs double their money.
Isn't it enough that most Devs are known to invest their personal funds in their own coin prior to future products releases? So why double the advantage?
I'm glad I kept most of my funds in ETH, because ETH is up 125% since the beginning of this ICO (Feb 22), while the funds I invested this ICO have NOT risen in value.
For a newcomer, i believe the arrange is fair.
