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Topic: LISK price speculation - page 56. (Read 113796 times)

hero member
Activity: 513
Merit: 500
March 24, 2016, 11:14:29 AM
Lisk needs a truly decentralized DApp store for it to be a huge success. It doesn't have that, but I believe with the funding they've got, they may be able to pull it off. As long as they realize they now need to hire top notch devs.
sr. member
Activity: 364
Merit: 250
March 24, 2016, 11:09:45 AM
Quote
Can someone please explain how launch price on an exchanges can begin at a price that's higher or lower than the ICO?

Let's say the ICO ended at 19k satoshi.  Shouldn't that be the launch price?  If not, then what factors determine the launch price change?  If the price is higher at launch on exchanges, what causes it be higher?  If the price is lower at launch on the exchanges, what causes the price to go lower?

I am asking before any actual trading occurs on exchanges - how do the exchanges determine the initial trading price?

I think that Lisk succeed
legendary
Activity: 1162
Merit: 1000
March 24, 2016, 06:32:54 AM
Most ICOs fail miserably. I see no reason to think LISK will be an exception.

Too much hype.
That even i am thinking but seeing people enthusiasm about it i wonder it will be a good competitor to ETH.
I was having the same feeling at the time of YOVI and i dumped 885 YOVI AT DUST PRICE NOW I REGRET.
Lets hope for the best.
sr. member
Activity: 518
Merit: 250
March 24, 2016, 06:01:46 AM
Can someone please explain how launch price on an exchanges can begin at a price that's higher or lower than the ICO?

Let's say the ICO ended at 19k satoshi.  Shouldn't that be the launch price?  If not, then what factors determine the launch price change?  If the price is higher at launch on exchanges, what causes it be higher?  If the price is lower at launch on the exchanges, what causes the price to go lower?

I am asking before any actual trading occurs on exchanges - how do the exchanges determine the initial trading price?

It all depends on hype and if the ico buyers don't dump below the ico price. Forcing people who didn't buy the ico that want in, to buy at a higher price. If you Fud it can cause a panic dump and have ico buyers sell below the launch price. Basically ico buyers set the price at first. Whatever they feel it is worth.
legendary
Activity: 2142
Merit: 1010
Newbie
March 24, 2016, 04:45:23 AM
You buy up a huge stake at the start. (the 1000 BTC purchase got 12% of the initial stake and this person likely has more.) You then spread your votes out so that you get multiple delegate seats spread out across multiple nodes at various locations which lets you control a majority of the forging without being traced.

Do you refer to https://en.wikipedia.org/wiki/Apportionment_paradox?
legendary
Activity: 1025
Merit: 1000
March 24, 2016, 02:50:55 AM
The trolls don't want this known because they are trying for cheap coin
but Ether's $1 bill market cap
Lisk staying at or under 6 mill almost defies the laws of physics
Everything we know about markets, business, technology point to this coin being insanely underpriced.
I believe devs probably undervalued their tech with the ICO, but it's good for us
I think they hit the right place and right time with this
copper member
Activity: 2898
Merit: 1465
Clueless!
March 24, 2016, 01:13:14 AM
How much BTC have you guys spent on this? I did 1 BTC. But if there were 14k BTC raised by only 3900 backers/"investors", there must have been guys spending much more..


had a buddy put in 15 btc I put in 1 btc so if it all goes 'phoeey' I can talk him off the ledge Smiley (i've done dumber stuff bfl comes to mind) Smiley

so yeah in for 1 btc which comes out to 5617 lisk if I remember right

anyhoo.....someone said on lisk forum this ICO is 2nd in amount of $$ raised on such stuff..not sure if true ..just passing it along i think they said 14K of btc plus whatever

other coin

we will be the first to know 'chump or champ' Smiley

hero member
Activity: 513
Merit: 500
March 23, 2016, 10:32:43 PM
We might see something very similar to FACTOM. It basically dropped to 50% of ICO price, then skyrocketed after it seemed dead for awhile.

However, a huge factor was their obvious attempts to integrate into the real world - with things like land registry for governments on a blockchain, etc.

I believe the most interesting and viable growth strategy for LISK is to have a ton of games.
jr. member
Activity: 56
Merit: 1
March 23, 2016, 08:29:06 PM
LISK is a bit different than other ICO because they will be releasing the product very soon after end of the ICO.
Ethereum, Maid, and others took some time before releasing a working product.
Excited to see what happens to LISK after launch!
member
Activity: 104
Merit: 10
March 23, 2016, 07:59:48 PM
Don't be surprised if you see a huge S curve or crash at the start, boys.

Looking at it now, I'm a little worried that the inflationary aspect and DPOS system setup of Lisk has encouraged a smart yet devious play as follows.

You buy up a huge stake at the start. (the 1000 BTC purchase got 12% of the initial stake and this person likely has more.) You then spread your votes out so that you get multiple delegate seats spread out across multiple nodes at various locations which lets you control a majority of the forging without being traced.

I put a fair amount of money into Lisk and I keep asking "What do the delegates do to incentive ordinary users to vote for them?" Ideally it's not just securing the network but acting in a way with the profits they forge to raise the value of all Lisk holdings through community outreach, spreading the tech, etc.

However the current inflationary approach to DPOS, I feel, grants huge favors to creating a Plutocracy wherein it would be most favorable to buy up 10-20% of the initial ICO, crash the price down, use that panic to buy up more of the stake which lets you control even more of the forging wherein they can pump the price sky high and make an insane amount.

But this is rank speculation on my part.

I've seen a few good ideas for how delegate seats could be used (including my own idea which involves outreach to charity) but the interest in just voting yourself in as a large holder of the project to just sit on your fat stash to cash out during a high point hardly outweighs that. Why guarantee the value of our assets into the hands of someone you barely know when you can just buy a safer lottery ticket?

These are just my thoughts on the matter.
legendary
Activity: 1025
Merit: 1000
March 23, 2016, 07:34:22 PM
If marketing does what it needs to over the next 3 weeks, I can see it at 20-30 cents within the first few days.

Too low, I think we see .25-.30 on opening. Then people push price up to .50 cent and $1.00, as they are psychological points people view simply
member
Activity: 70
Merit: 10
March 23, 2016, 05:01:18 PM
If marketing does what it needs to over the next 3 weeks, I can see it at 20-30 cents within the first few days.
sr. member
Activity: 476
Merit: 250
March 23, 2016, 02:27:14 PM
Probably true of most ICOs, but in escrowed ones it also means the devs need huge amounts of BTC on-hand. I don't think these devs had that kind of btc just lying around.

If a dump occurs instantly, I expect it would be due to whales wanting to make some waves, and gobble up cheap coin.  Although in this case, who knows, whatever dump that may occur may still be higher than ICO price.
Everything is possible and this would not be first time for such representation of power. We small fishes only can watch how rich becoming richer, this is something that will stay no matter what happens with this LISK..
sr. member
Activity: 448
Merit: 250
March 23, 2016, 10:15:24 AM
Guys where you can buy lisk for a cheap price? never see this altcoin before even in yobit.. or even in cryptopia..

It will start hitting the exchanges on April 11th. Be careful about p2p trades unless you get access to the email account as well. Some guys in Bitshares are talking about  how to add it to their DEX  (see above).
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
March 23, 2016, 10:05:40 AM
Guys where you can buy lisk for a cheap price? never see this altcoin before even in yobit.. or even in cryptopia..
sr. member
Activity: 448
Merit: 250
March 23, 2016, 08:39:10 AM
Discussion on how to get Lisk trading immediately on the Bitshares Dex.

https://bitsharestalk.org/index.php/topic,22035.0.html

Discussion about collateral and escrow to do something similar to Gatecoin's Augur option. Because of the ability to reclaim keys, a modified approach is needed. I started the conversation, letting the big brains figure out how to make it work.

full member
Activity: 140
Merit: 100
March 23, 2016, 07:18:24 AM
When are we going to trade is there a date and were first

April 11th.
full member
Activity: 146
Merit: 100
March 23, 2016, 07:15:12 AM
When are we going to trade is there a date and were first
newbie
Activity: 9
Merit: 0
March 22, 2016, 08:55:14 PM
Can someone tell me where Lisk tokens are used/spent in the system?

That is, what will drive the usage demand for Lisk?

Lisk tokens are spent on the services that the dapps, like paying a fee to tweet will cost Lisk, at least indirectly.
sr. member
Activity: 518
Merit: 250
March 23, 2016, 05:50:53 AM
I think it will do ok. not gonna do as well as Eth for obvious reasons. But it will do ok. Wink
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