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Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2213. (Read 3074169 times)

hero member
Activity: 546
Merit: 509
Decentralized Application Platform
Why are people dumping so much BTC into this ICO?

The previous project of the LISK developers, crypti, is not massively successful.  History of low trading volume and sub-1000 btc market cap.

What makes you think they will be massively successful with their new LISK project?

Crypti has wandered in the wilderness for almost two years trying to perfect something different and special in the cryptocoin world.  We won't even go into their code failures, which were legitimate attempts to develop something new and worthwhile.  Give the Crypti team this, they never gave up.  Their latest direction - side chains / dapps written in JavaScript that can be run with microcomputer boards - is a brilliant idea that has successfully made it to "alpha" / "beta" status.   The 0.5.5 code base is ready to go.  However, time and attrition had sapped Crypti of funds, key personnel and a team agreement of what to do next.    

Lisk is an attempt to take Crypti to the next level with a solid code base, the most enthusiastic members of the Crypti team, and a second round of funding for a start-up.

When you eject deadwood, keep the green shoots, mix in fresh blood and money on the right idea at the right time -  that's when you have a shot at going places.  And being massively successful.

That's what I believe about Lisk.

 


Crypti raised 8500 BTC and issued 100,000,000 XCR in return, back in July 2014

Now Crypti market cap is down to 1000 BTC, initial investors lost 88% of their BTC.


I think it's crazy to expect anything different from the same people doing the same thing again under a new name.

Crypti raised 750 BTC and has a current market cap of 1153 BTC. Smiley
hero member
Activity: 573
Merit: 500
Bitcore BTX
First day reward

You can still get the first day rewards until 6.30AM GMT+1, 23rd February 2016. Please use THIS clock for reference.



What is the first day reward?

Special reward for day 1 participants

In order to provide a higher incentive to participate in the ICO from day one, we will be taking 200,000 LISK out of our own funds, and distributing them to all day one ICO participants according to their exchanged amounts. The extra reward will be given to users who donate BTC or an altcoin accepted by ShapeShift within the first day of the ICO launch.

For example:

At day 1 if we collect 100 BTC from 3 users (A/B/C):

    If User A sends 20 BTC, he will receive 40,000 LISK from the day 1 reward.
    If User B sends 30 BTC, he will receive 60,000 LISK from the day 1 reward.
    If User C sends 50 BTC, he will receive 100,000 LISK from the day 1 reward.

The reward will not be visible in the genesis block, as we will distribute the 200,000 LISK manually out of our own accounts after the launch.

Please be aware that XCR participants are not eligible for this reward.
hero member
Activity: 1204
Merit: 509



My prediction is people mindlessly dump way too much BTC and alts into this, hoping for an Ethereum-pump, then they end up losing 50%+ because the ICO was over-invested.



No way to know... if we could see the future, we'd all be rich already and not investing into cryptos. I just remember the same exact thing was said about ETH in these forums during its ICO ... over-invested, nobody left to sell to, and so on.

Now if I could just get my XCR out of Bter, I could actually invest in this thing...
legendary
Activity: 938
Merit: 1000
Why are people dumping so much BTC into this ICO?

The previous project of the LISK developers, crypti, is not massively successful.  History of low trading volume and sub-1000 btc market cap.

What makes you think they will be massively successful with their new LISK project?

Crypti has wandered in the wilderness for almost two years trying to perfect something different and special in the cryptocoin world.  We won't even go into their code failures, which were legitimate attempts to develop something new and worthwhile.  Give the Crypti team this, they never gave up.  Their latest direction - side chains / dapps written in JavaScript that can be run with microcomputer boards - is a brilliant idea that has successfully made it to "alpha" / "beta" status.   The 0.5.5 code base is ready to go.  However, time and attrition had sapped Crypti of funds, key personnel and a team agreement of what to do next.    

Lisk is an attempt to take Crypti to the next level with a solid code base, the most enthusiastic members of the Crypti team, and a second round of funding for a start-up.

When you eject deadwood, keep the green shoots, mix in fresh blood and money on the right idea at the right time -  that's when you have a shot at going places.  And being massively successful.

That's what I believe about Lisk.

 
hero member
Activity: 546
Merit: 509
Decentralized Application Platform
First day reward

You can still get the first day rewards until 6.30AM GMT+1, 23rd February 2016. Please use THIS clock for reference.



What is the first day reward?

Check out: https://blog.lisk.io/lisk-ico-terms-25ca3ecd5a4d Smiley


Many people are asking, therefore I just reposting it so they see it. Wink
legendary
Activity: 1386
Merit: 1000
First day reward

You can still get the first day rewards until 6.30AM GMT+1, 23rd February 2016. Please use THIS clock for reference.



What is the first day reward?
hero member
Activity: 616
Merit: 503
@Mansa_Godson
hero member
Activity: 546
Merit: 509
Decentralized Application Platform
First day reward

You can still get the first day rewards until 6.30AM GMT+1, 23rd February 2016. Please use THIS clock for reference.

legendary
Activity: 1190
Merit: 1004

What percentage of the coins are for sale? Is it 100% for the ICO or are there additional coins for devs/users/etc.?


Please read this: https://blog.lisk.io/lisk-ico-terms-25ca3ecd5a4d


8% dev premine... I guess that's alright. Not too big.


hero member
Activity: 573
Merit: 500
Bitcore BTX
will definitely put a fee on my tx, day 1 bonus here i come  Grin
legendary
Activity: 938
Merit: 1000
What percentage of the coins are for sale? Is it 100% for the ICO or are there additional coins for devs/users/etc.?

85M Lisk will be given out to people who buy in with BTC, Crypti and Shapeshift coins.  15M are retained for dev payments, bounties, marketing and rewards.  100M Lisk total in the genesis block after March 21.
hero member
Activity: 546
Merit: 509
Decentralized Application Platform

What percentage of the coins are for sale? Is it 100% for the ICO or are there additional coins for devs/users/etc.?


Please read this: https://blog.lisk.io/lisk-ico-terms-25ca3ecd5a4d
legendary
Activity: 938
Merit: 1000

So the ico go 1 month and on day 1 (in 6 hours because the delayed start) we will see about 1000 btc.

does it make any sence to invest only 1 bitcoin anymore? mhhhh

You can't compare your individual assets to the combined assets of everybody else and feel your assets are insignificant.  Instead, you have to ask yourself - what percentage return on investment (ROI) can I get for my resources that I can put into this investment opportunity?  

I think the ROI for Lisk looks really good.  Many others agree.  You are welcome to join our community.
legendary
Activity: 1190
Merit: 1004
Why are people dumping so much BTC into this ICO?

The previous project of the LISK developers, crypti, is not massively successful.  History of low trading volume and sub-1000 btc market cap.

What makes you think they will be massively successful with their new LISK project?


Everyone is rich from Ethereum and wants to get on the next Ethereum. LISK also had good marketing.

legendary
Activity: 1190
Merit: 1004

What percentage of the coins are for sale? Is it 100% for the ICO or are there additional coins for devs/users/etc.?


hero member
Activity: 546
Merit: 509
Decentralized Application Platform
does the lisk chat require a new account user and pass being set up different to the lisk account used to purchase the ico?

Yes.

How did you all manage to send crypti from poloniex to the ICO? I made a transaction to my deposit address when I moved them over from BTER, but somehow I'm unable to send the coins over.

Appearently I need a passphrase which I obviously don't have, second it says the balance is too low.


It's not possible to send from an exchange. I hope I didn't explained it wrong somewhere, had little sleep. Smiley You need to send it to your own account and then initiate the transfer from there. The passphrase is the passphrase to your Crypti account.


Microsoft

Microsoft is interested in a lot more than that! Wink

Tried to open a crypti wallet to send some XCR got this massage from google saying attackers might still my information as the crypti wallet's credentials is listed as Lisk.io

Anyone saw this??

This is probably the case because we are connecting to the https://cryptiwallet.lisk.io/ API. So to an API outside of the https://ico.lisk.io/ website. It's not a problem.


hi there - i participated in the ICO, but sent my ETH via mist wallet over to the address from the ico exchange...its been over 1hr, can someone help?
i just noticed that it says to send ETH using shapeshift? doh

I already answered you on Lisk chat as you know. But for others. ETH transactions take 3 hours, please see the notice on https://ShapeShift.io.


Oke I am really lucky that I found this coin today.
I Actually traded in my maidsafe coin and Electronic gulden to invest in this.
Because I think Ethereum and Lisk could both be great.

Question tho when I send the Bitcoins it says I had 3800 Lisk.
Few hours later it I am only getting 2680 Lisk.
Is that because more people bought in to Lisk?  

Yes. Smiley Welcome to Lisk! Great that you found your way to us.


+600BTC (adding BTC and XCR) invested in the first 24h. lol
~470BTC
~20 Shapeshift BTC
~16000000XCR that equals to ~170BTC



Thanks for the good laugh.  Cheesy

hi there - i participated in the ICO, but sent my ETH via mist wallet over to the address from the ico exchange...its been over 1hr, can someone help?
i just noticed that it says to send ETH using shapeshift? doh

For cases like these contact Max and/or Olivier and they will sort it out. You can find them on the Lisk Chat.

Agree. Already sorted!  Cool

does it count even though my btc is stuck on zero confirms after 4 hours?

It's still stuck? It should work right now. Please come to the Lisk Chat and write me in private there. @max

Did / will you contact Erik and ask him about an official statement? Could be very positive for the ICO.

Yea, will do so tomorrow.
legendary
Activity: 1386
Merit: 1000
24h passed now :

475 BTC from BTC
227 BTC from Crypti
23  BTC from ShapeShift coins
_______________________________

725 BTC in 24H


There's still 6 or 7 hours to go because the start was delayed.

So the ico go 1 month and on day 1 (in 6 hours because the delayed start) we will see about 1000 btc.

does it make any sence to invest only 1 bitcoin anymore? mhhhh
the price will rise a lot surely. It could be a whale games at the end.

Considering the Ethereum ICO, it raised millions of dollars and it was still a worthwhile investment. Most investors could have made ten times what they put in if they immediately sold, and much more if they held until now. An ICO raising big money doesn't mean participants won't make a good profit.

So you say if i only have 1 bitcoin to invest, it is worth to invest?
hero member
Activity: 808
Merit: 1011
I contacted ShapeShift support to ask them questions about the ICO. Here is what they answered me :

Quote
Hello. There has been widespread mis-reporting that ShapeShift is partnering with LISK for their ICO. This is NOT the case, we are in no way affiliated with, partnering with, or hosting Lisk's ICO despite reports to the contrary. As far as we know LISK may be utilizing our Shifty button to help process some payments (which anyone is free to do) but we have no partnership with them in an official capacity what-so-ever.

We have in the past partnered with one other company to help with the crowdsale but have since decided to no longer offer this service as we are focusing more of our efforts in other avenues.

Regards,

ShapeShift Team

We are in a technologic partnership with ShapeShift. That means we are using their technology, i.e. their API and functionalities. I have specifically and privately asked Erik Vorhees, the owner/founder/ceo of ShapeShift. He agreed that I'm allowed to say "in a partnership".

In my opinion they didn't think Lisk would explode like that. Also I think they would like to secure themselves and their reputation.

Did / will you contact Erik and ask him about an official statement? Could be very positive for the ICO.
newbie
Activity: 52
Merit: 0
24h passed now :

475 BTC from BTC
227 BTC from Crypti
23  BTC from ShapeShift coins
_______________________________

725 BTC in 24H


There's still 6 or 7 hours to go because the start was delayed.

So the ico go 1 month and on day 1 (in 6 hours because the delayed start) we will see about 1000 btc.

does it make any sence to invest only 1 bitcoin anymore? mhhhh
the price will rise a lot surely. It could be a whale games at the end.

Considering the Ethereum ICO, it raised millions of dollars and it was still a worthwhile investment. Most investors could have made ten times what they put in if they immediately sold, and much more if they held until now. An ICO raising big money doesn't mean participants won't make a good profit.
legendary
Activity: 1232
Merit: 1000
★YoBit.Net★ 1400+ Coins Exchange
24h passed now :

475 BTC from BTC
227 BTC from Crypti
23  BTC from ShapeShift coins
_______________________________

725 BTC in 24H


There's still 6 or 7 hours to go because the start was delayed.

So the ico go 1 month and on day 1 (in 6 hours because the delayed start) we will see about 1000 btc.

does it make any sence to invest only 1 bitcoin anymore? mhhhh
the price will rise a lot surely. It could be a whale games at the end.
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