6m lisk is holding by devs and escrow.
Nice
from wan.
Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 594. (Read 3074310 times)
November 29, 2016, 10:18:23 PM
It is good to lisk the ico of ARK is success.
6m lisk is holding by devs and escrow.
Nice
from wan.
6m lisk is holding by devs and escrow.
Nice
from wan.
November 29, 2016, 10:05:25 PM
So, RISE as LISK clone also follows LISK price up-trend. 
I also notice some great movement from polo so i wanted to check it up from the community is there any reason for this or there are just natural since baghilders are coming back and buying back after they earn maybe from zcash or waves just thinking but its a good day seeing lisk moving up again. Many reasons:
1. Access to 11 million USD ICO funds: Lisk ICO funds now are liquid- can at last be used to further project
2. Delegates withdrawing funds from Polo to vote selves into higher positions or exchange votes with other delegates (partnerships). Decreased current supply but increased trade volume therefore price increase
3. Last week of Lisk bonus in ARK ICO: ARK price also rising in concordance with Lisk rise
November 29, 2016, 09:14:01 PM
So, RISE as LISK clone also follows LISK price up-trend.
I also notice some great movement from polo so i wanted to check it up from the community is there any reason for this or there are just natural since baghilders are coming back and buying back after they earn maybe from zcash or waves just thinking but its a good day seeing lisk moving up again. November 29, 2016, 08:25:40 PM
I have 100k Lisk and can vote. Pm me your offer. Not a delegate myself.
November 29, 2016, 07:53:38 PM
So, RISE as LISK clone also follows LISK price up-trend.
November 29, 2016, 05:25:22 PM
If anyone is willing to swap votes PM me.. 50K+ accounts only.
November 29, 2016, 04:17:41 PM
Hi there, im not doubting what your saying about the team having access to the funds when forging starts. But, i haven't read that anywhere.. maybe i missed it. Are you sure about this?
I still think this is just based on a misinterpretation that has been repeated so many times that it became a common mistake.
They could access ICO funds ever since they launched main net. This is supported by the fact that they did actually get out some money out of escrow a few months ago. They simply choose to leave the left of the money in because anything that they touch without being directly poured into a nonprofit foundation will be taxed harshly.
Hopefully that will happen soon, MME should take care of that. Either way I think at this point of time it's meaningless, so I didn't bother to ask at the last community meeting.
But neverless I still stand by my interpretation.
I think some of this confusion comes from this quote that has been misunderstood.
Quote
...
In terms of the ICO funds that means they have to flow directly into the company itself. I.e. we are not allowed to lay a finger on them for even one second. However, this is not a problem!
...
https://blog.lisk.io/lisk-community-meeting-summary-june-11th-50dcadd41fef#.lf413d603
I think Max just meant that they are not allowed to lay a finger on it or be taxed, not not lay a finger on it because of escrow terms.
From part II of ICO terms:
Quote
The Lisk team won’t have access to any funds at all, until the Lisk mainnet is launched successfully.
https://blog.lisk.io/lisk-ico-terms-part-ii-3b50ab74c9b6From part III of ICO terms:
Quote
All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition.
https://blog.lisk.io/lisk-ico-terms-part-iii-604e55ad0102#.y0zu7djabSo the intent of escrow terms was clear.
There is also a fact that every time a genesis delegate signs a block it's log has a line like this:
Quote
Forged new block id: height: X round: X slot: X reward: 0
And that's pretty much counts as forging in my book. Forging means signing a block. Who does it and if it has a block reward is meaningless in this context.Here's the original post regarding ICO terms and ICO escrow in the Lisk Blog
https://blog.lisk.io/lisk-ico-terms-25ca3ecd5a4d#.iu1377gvh
It goes as far as to say:
"All BTC will directly go into a 2-of-3 multi-signature Coinbase vault. That means the money can only be withdrawn if two of the three signees agree.
Therefore we have partnered up with two trusted and reputable individuals who will get one key to the multi-signature vault each.
Axel Hellinger alias iudica, German Lawyer at Kanzlei Hellinger
Paul Klanschek alias TwinWinNerD, CEO of Coinimal
Please be aware that both are independent escrow partners, Coinimal as a company is not involved in this partnership
All collected funds (BTC and XCR) will be paid out, once the Lisk network has forged its first blocks successfully. Both escrow partners have agreed to this condition."
That's good enough for me to assume that access to $11 million USD ICO funds begins on forging tomorrow!
I agree. Thanks for your response
November 29, 2016, 03:59:03 PM
ICO bag still holding. Tralalala 
Me to,
ICO bag safely in my attick,just bought some more since than. November 29, 2016, 03:36:20 PM
Smartmoney is buying right now really jealous of those people who have btc left to buy more.
November 29, 2016, 03:10:44 PM
ICO bag still holding. Tralalala
November 29, 2016, 01:44:42 PM
Still holding my lisk trading it down whenever I can to accumulate more lisk.. I really like lisk and would love to see it go on a rocket ship until then just stacking more as it will happen sooner or later more of long term but u never know this is a great project
November 29, 2016, 01:27:28 PM
Another crypto where after initial hype price went to hell.
Lisk-Decred-Zcoin-Zcash i have sold all @ initial hype and bought a lambo.
Good luck bagholder.
Lisk-Decred-Zcoin-Zcash i have sold all @ initial hype and bought a lambo.
Good luck bagholder.
As you are using the term "lambo", it's most likely that you noticed the first hair on your little balls today and now you think you are tougher than Puff Daddy. You're not.
November 29, 2016, 01:18:43 PM
Another crypto where after initial hype price went to hell.
Lisk-Decred-Zcoin-Zcash i have sold all @ initial hype and bought a lambo.
Good luck bagholder.
Lisk-Decred-Zcoin-Zcash i have sold all @ initial hype and bought a lambo.
Good luck bagholder.
November 29, 2016, 12:26:17 PM
lisk is very long term just like eth was, it needs patience to show its potential. 20k it's really cheap
November 29, 2016, 12:19:59 PM
If everyone here says BUY you should sell. I always do the opposite of what people say, always works lol
In before "Sell me your cheap Lisks" posts. Lmao.
Nah in all serious I think LISK has high potential to moon, so I'm buying.
The price is rally again, after we hit 20k floor twice, i consider it is double floor, so i bought at 21k, now magic happens.
I just enjoy how Lisk will develop in the future, cheers
November 29, 2016, 12:17:57 PM
If everyone here says BUY you should sell. I always do the opposite of what people say, always works lol
In before "Sell me your cheap Lisks" posts. Lmao.
Nah in all serious I think LISK has high potential to moon, so I'm buying.
The price is rally again, after we hit 20k floor twice, i consider it is double floor, so i bought at 21k, now magic happens.
November 29, 2016, 12:03:58 PM
If everyone here says BUY you should sell. I always do the opposite of what people say, always works lol
In before "Sell me your cheap Lisks" posts. Lmao.
Nah in all serious I think LISK has high potential to moon, so I'm buying.
November 29, 2016, 11:56:10 AM
i have to admit that i am really curious about what will happen after the community forging starts.
what do espect? will the network have problems? will the price change? and in which direction? is accumulation before the start already over?
what do espect? will the network have problems? will the price change? and in which direction? is accumulation before the start already over?
November 29, 2016, 11:51:51 AM
If everyone here says BUY you should sell. I always do the opposite of what people say, always works lol
November 29, 2016, 11:25:43 AM
Jump in, before its not too late.
Wow, somebody pressed the 'BUY' button, LSK 12% up compared to last time I checked earlier - already filled my boots luckily =D Jump to: