Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 801. (Read 3074324 times)

(worth over $9,000,000) is the BIG part of it all...

This is really amazing. But many users don't understand that.

not bad at all, and then have a bigass party in Berlin main square! 

I TOTALLY AGREE!!!

Here's a funny idea to help make us all some money.

1) Fake an attack and big theft on LISK
2) Have a hard Fork
3) Keep the old chain alive as LISK Classic
4) We all get free money!

1.: The dev team has no business manipulating Lisk price by any other means than delivering. The mere idea is idiotic and pointless. Look at Waves how much it helped to put up buy walls.

2.: I am pretty sure that once you applied for creating a gGmbH, there is not much you can do to speed up the process. You can call the person working on you application from time to time, but that's about it. They can't touch the funds before, because a) they would have to pay taxes on them and b) it's not in line with the ICO terms.

They should at least have a big party maybe in Pariser Platz  when they get their hands on the money.
That will attract people and partygoers, I'm up for it.

Maybe they can touch it to give some support on the price... LSK should be trading at 100k or more but because of the slow progress people are selling. Going from one conference to an other conference doesn't help, start working, fun part should be finished.

$9,000,000 as of *today*, but any word on the gGmbH? the value of BTC can be volatile.

Want updates on Lisk?

Attend the next Community Meeting at http://lisk.chat #general channel

Saturday July 30th 2016 6PM GMT+2

Leave a question below and I will make sure your question gets on the official question list....

https://docs.google.com/document/d/14KcZqMHp_wfOkqCTXuP8F9fhwaMspIikKcAzg7Pa5p4/edit?ts=579802cb#heading=h.y6u7tq4edtu2

Thanks for the answer, Some date to the next update?

"The DAO’s contract code ... further research unveiled sloppy coding that should not be there in the first place. Sometimes, it is tough to believe this project raised US$150m, as this was a honeypot waiting to be emptied by the look of things."

http://themerkle.com/new-attack-against-the-dao-reveals-sloppy-coding-by-slock-it/


"What started as an attempt to rescue investor funds in a high-profile project has resulted in a schism that has effectively split the community on the second-largest public blockchain."


http://www.coindesk.com/ethereum-classic-explained-blockchain/

“I do not believe the Ethereum project will survive much longer,” he insisted. “The internal dynamics are a mess, and people are beginning to worry about the legal implications of the code change. People are learning the truth, it seems.”

https://www.cryptocoinsnews.com/source-ethereum-insiders-believe-dao-hack-inside-job/

Lisk has an opening here.  

Lisk's big moves are indeed yet to come...

Lisk holds over 14,000 BTC (worth over $9,000,000) that have not even been touched yet to support code development.

Amazed by how LSK still holds the price so above the ICO. I guess the big moves are yet to come

Go lisk GO!!!

You have a power!!!

  .

I totally agree with this statement.  I am hoping to be an Active Delegate soon when forging rewards start...so please vote for me!  I intend to fund efforts like this with 20% of my monthly forging rewards going into a special account called mal_dapp_funds:

https://explorer.lisk.io/address/16339383223344816582L

I put an initial 10K Lisk into mal_dapp_fund several weeks ago.  Since it is a little early to be working on actual dapps yet, for now I am using mal_dapp_fund to support other current Lisk software efforts.  

For example,  I funded 5.8K Lisk towards a total of 13K Lisk to support a Lisk Lite Client effort by Fixcrypt.  Most of that 5.8K is hopefully going to get paid back later to mal_dapp_fund by smaller pledges already promised from a group of Lisk community members who all hope to soon be forging delegates themselves.  Check the soft client software out that we have funded for  your  Windows/Linux/Mac machine. It still needs work but the exchange section is awesome, with direct Lisk-to-ATM card support:

https://github.com/fix/Lisk-Lite-Client

I know for a fact that many, many other hopeful delegates intend to support Lisk ecosystem development at a 20% monthly donation level once forging rewards start.  

Let me tell you what I would like to see as a Killer Delegate Project we unify behind:

LiskDAO

The public wanted something like this from another coin, and made it a $100M project very quickly.   That other coin messed up their version of a DAO and have descended into bickering among themselves amid the ruins of their failed attempt.  This has left an opening for Lisk to do it right and fill the current opening in this killer dapp space.  

Anybody interested in coding this?  Let me know.  I can organize a bunch of soon-to-be-delegates to fund you once forging rewards start.

They have hired Ricardo Ferro... but what is this guy doing? He was hired 1 month ago. In fact those this guy really exist? Making a linkedin place can be done by everyboding. Adding a few functions and all done. If that guy is working 8 hours a day for a full month then he should at least have a functional specification of what he is planning to do. Can we have a look at that document, or is it really a ghost?

Yeah, they even got Hoskinson to dev it.
Even though I think that's because Hoskinson still holds a grudge for getting fired and ETH
becoming so successful after his ousting.

ETCetera leveraged off of a political dispute within the 2nd largest project after Bitcoin.

I wonder how is a coin without future and without leadership got into trading vs USD in just few days of existance and we don't have Lisk there :/
talking about ETC.

I'm considering something along these lines for ATLASS, https://forum.lisk.io/viewtopic.php?f=8&t=29 , where tokens are issued at a price according to a power law in which the price increases slightly at a fixed percentage as each token is sold instead of doing an ICO with a deadline and bidding war for equity near the end.

The tokens can stay on sale until a minimum quantity is sold and the sale continue until existing stake holders decide to end the sale. This removes the FOMO pressure to buy on emotion, and prevents speculative bubbles, so people can decide to participate when they feel comfortable with the progress and price.

The nice thing about a power law is that the curve looks the same wherever you are on it, so if you join later, you're not paying for a windfall to early adopters, but early adopters are still rewarded with a larger overall gain. The tokens can still trade on an open market, but the price would be capped by the current sale price from the project until the sale ends, if it ever ends.

A variant would be a buy back as well, where the tokens can be sold back to the project, but this might be seen as a Ponzi if the buy back comes from investor funds. It is better if the tokens are only used to buy services from the application, or can be resold to other users.