Topic: (LKK) LYKKE speculation (Read 9020 times)

Hi guys! How is lykke doing? Why there are so few posts in here?

hello everyone .., guy's what I mean by these words (LKK) LYKKE just before I'm here. I do not know things here, I hope to have them send me a link so I can learn. thanks ...

Deposit and withdrawal fees and limits

Price fluctuations across all crypto markets during December and the unprecedented interest in this space have brought with them their share of challenges. On-chain transaction fees and long confirmation times among them. Lykke has always been committed to the best possible experience for our users and zero transaction fees on our platform.

We will continue to offer zero fee transactions for trading, but we will put safeguards in place to reduce the impact of blockchain commissions and expenses.

https://www.lykke.com/company/news/fees-limits

Lykke to list AppCoins (APPC) on the Lykke Exchange

Lykke, a FinTech company building a regulated, blockchain-based global marketplace, and Aptoide, whose AppCoins project is creating an open distributed protocol for app stores using blockchain technology and smart contracts, have announced plans to make the APPC token available for trade on the Lykke Exchange in the Netherlands.

Following the listing, investors will be able to buy and sell APPC on the Lykke Exchange of Lykke Netherlands B.V., alongside a wide variety of currencies, both crypto and fiat.

"AppCoins and Lykke are a natural fit," said Richard Olsen, director of Lykke Netherlands B.V. "It's good to be partnering with a strong innovator and to bring another new trading opportunity to our exchange."

The co-founder and COO of Aptoide, Alvaro Pinto, added: “AppCoins is glad to be part of Lykke’s listing of selected tokens.”

APPC trading on the Lykke NL Exchange is expected to begin on January 31, 2018.

About Aptoide

Aptoide is the largest independent Android app store. The company’s AppCoins project is an open distributed protocol for app stores based on the Ethereum blockchain and smart contracts. It redesigns app advertising, in-app purchases, and app approval flows through a circular model.

https://www.lykke.com/company/news/Aptoide

This is a fairly new idea, it gives the investor the power to decide, this can be a very good new direction. I will study more about LKK and will invest in it if it is really stable. Thanks for your sharing. We hope you will make more contributions to the forum and to the crypto community.

LKK is an interesting coin since you also own a stake in the company and you can participate with voting rights in the yearly meeting. Interesting concept!

We have to remember the move is temporary (although a viable solution could take months) and Lykke remains focused on delivering all the promises and core parts of its identity including decentralization, direct ownership and instant settlement. It's just that with the current state of blockchain technology that's just not possible to deliver. It's possible but at what cost? The negative side effects were experienced by both the company and its users (in terms of costs and resources and bad user experience).

And while being a semi-decentralized exchange was a very unique selling proposition as mentioned, Lykke can become profitable right now which will benefit the company (by reinvesting its revenue) and its shareholders (by paying dividends). Having a centralized model will make it much easier to add new digital assets therefore aiming at improving daily volume.

Very disappointing news regarding the change from a semi-decentralized exchange to a centralized one. The price of the original Lykke shares has now gone down to under 25 cents. Had an initial investment of equal value been placed in any of the other major ICOs or existing cryptocurrency coins/tokens there would have been far more growth than what we have seen with Lykke. I'm not sure Lykke will recover from this latest news, let alone reach the potential many originally thought it had.

Why Lykke? Why is it unique?
Reason 2: multisignature trading wallet


What makes Lykke truly unique is its multisignature trading wallet. And you can ask, why is it so unique if most exchanges validate operations with multiple signatures? Indeed, most exchanges have several keys necessary to validate trading operations, and they store them in different places. But it’s not the same that we have in Lykke!

What makes Lykke’s system different is that these keys not only are stored in different places but also belong to different parties: one key belongs to the user and the other – to Lykke exchange. Unless both parties use their keys, no operation can be authorized and no funds can be moved. You can read more about how this system works on our site: https://goo.gl/jreb18.

Moreover, this system was developed entirely by our team and the code is completely internal. This is why Lykke’s multisignature technology makes any malicious operation mathematically extremely unlikely and the wallet - really well protected!

Take a look at this video to find out more about Lykke Wallet safety: https://www.youtube.com/watch?v=j2h...

Thanks to Tempus and Kawasaki for the news you always provide on Lykke.
My was not a critic, I'm also in Lykke from the beginning, but I just wanted to say that lykke grew up little in terms of satoshi ... it grew up in $ because bitcoin grew.
Sooner or later Lykke will be noticed and discovered by investors and market and then there will be a violent price explosion.

Tempus, it would be really helpful if you can answer this question for me, you seem to know the lykke fundamentals very well and give clear answers.

What will the total circulating supply of LKK be when they are all issued/ sold on the lykke exchange?

I can't find the answer anywhere on the lykke website (im sure it used to be there), and i have also been contacting lykke support but i dont seem to be able to get a clear answer! As an investor, it's important to know this number.

Thanks!

Latest update about the regulatory front is this:


United States
The legal entity of Lykke Securities (SEC Broker) has been registered with the state of New Jersey, which means that Lykke Securities is officially recognized as a New Jersey company. The registrations for the legal entity Lykke Dealer (CFTC Broker) have been completed at U.S. Federal, state, and city levels. The U.S. National Futures Association has issued an ID for Lykke Dealer.

United Kingdom
Lykke UK has onboarded an additional cryptocurrency liquidity provider. The MTF application process is being discussed, and an FCA representative had been allocated. An application package in compliance with MiFID (II) standards is in the process of being updated for submission.

Cyprus
Lykke Cyprus is one step away from achieving its licenses. The Lykke Investment Firm is in the final stage of being authorised by the Cyprus Securities and Exchange Commission, and it is ready to serve clients for trading, portfolio management, and investment advice and research. We have already received a response from the Central Bank of Cyprus for our Electronic Money Institution license, which has also  proceeded to the next phase. The Lykke EMI will be ready to serve any type of client for all electronic payments.

Singapore
Lykke Singapore has established a Singapore holding company called Lykke Corp Pte Ltd. We will be establishing two new entities as subsidiaries in the next few months: Regulated Exchange Activities and Asset Management. We have also defined our regulatory MAS licensing strategy, which includes RMO, or the Exchange Licence; SVF, or E-Wallet; Custody; Remittance Licence; Asset Management; and Crowdfunding. In addition, we have prepared our roadmap for unregulated products in the area of non-securities trading, namely Singapore Wallet, and  we are localizing the Terms and Conditions and the Know Your Customer and Anti-Money Laundering processes for the wallet application.


__________________

Credit Card - Screenshot from Telegram: https://imgur.com/33YhM8a

Does any one know what's going on with USA and Singapore regulations? Or when Lykke will release the promised lykke credit card?

for all of you who don't follow lykke that close,
here is a some of the things they have done since i started this thread in april.

april 26 -  Lykke opened an office in Singapore

https://www.lykke.com/company/news/seamus_donoghue_joins_lykke

may 11 - lykke hired founder of Solarcoin, Nick Gogerty ass their chief strategist

https://www.lykke.com/company/news/nick_gogerty

june 1-3 Lykke CBDO attend the St. Petersburg International Economic Forum

https://www.lykke.com/company/news/lykke_will_attend_the_st_petersburg_international_economic_forum

june 8 - Ether has been added to the lykke exchange!

https://www.lykke.com/company/news/ether

june 14 - "Lykke made history today by integrating a first-of-its-kind offchain settlement capability into the Lykke Exchange trading platform"

https://www.lykke.com/company/news/lykke_adds_scale_to_the_bitcoin_blockchain

june 28 - Lykke Wins FinTech of the Year Award in Digital Championship Cyprus 2016–2017

https://www.lykke.com/company/news/lykke_wins_fintech_of_the_year_award

august 26 -  lykke exchange limit orders released

https://www.youtube.com/watch?v=J4Buz_uMz28&utm_content=buffer5892a&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

august 29 - Lykke Partners with CryptoTax

https://www.lykke.com/company/news/lykke-cryptotax

september 4 - Lykke announces the grand opening of Lykke de México S.A. de C.V., a Mexican subsidiary designed to bring the unique Lykke trading experience to the Latin American market.

https://www.lykke.com/company/news/lykke-mexico


so as you can see, they have been pretty busy!
Lykke is gonna grow and grow, and the price will follow.

While the whole cryptocurrency market increased during the last 12 months, I would say many projects adjusted its prices accordingly compared to Bitcoin pairs, that's only natural, if not then Litecoin or Ethereum would be well above $300-500 and $1000 respectively at some point.

On the other hand, if Bitcoin goes above $5000, it's only natural for their close competitors to benefit for a increase in price, just as an hedge but not only that, many of us believe there's no single blockchain to rule them all but many ones (which is not very wise since relying on one will be point of failure).

I would say LKK hasn't even rally in terms of BTC yet, it adjusted quite rationally in my opinion, we mentioned many times in this thread and the official one that LKK seems to be a more stable option compared to others where crazy volatility is the usual scenario.

Hey I also bought it during ICO .... sorry that you forget that when you bought lykke at 0.05 chf the Bitcoin was $ 800, that's why lykke was first 0.05 and is now $ 0.35; is bitcoin that is increased, not lykke.
When i bought lykke and saw it in marketcap the first time it was about 6,500 satoshi while it is now about 7,500 ... this unfortunately is not a good growth so far.
I hope that one day it will eventually explode and be traded on other exchanges.

stuck at ICO price? are you kidding? I bought during ICO and the price was 0.05 CHF. Now the price is about 0.35 CHF.

https://coinmarketcap.com/currencies/lykke/

Hi to all, I wonder why Lykke share has stuck at this price and ICOs like monaco and TenX went to the moon, which are one piece of the Lykke project? Is because of the bad marketing or no marketing do you thing

All right I went too far in expressing my opinion that top echelons of Lykke were injecting liquidity, mainly in alluding to Richard by name. For this I apologise to him, and I will remove that post. I should have said "manipulated the market to try to stop Lykke's price dropping" and mentioned no one by name.

"Richard has pledged his shares to a social cause after fulfilling his other responsibilities." I find this a completely meaningless pledge. It will become meaningful when he interprets this to mean he HAS fulfilled his responsibilities and therefore HE WILL donate his shares to the public good. Since he hasn't done that at present, despite being a very high net worth individual, he obviously interprets that he hasn't fulfilled his other responsibilities, an interpretation I'd probably find very tempting to come to also in the same position. This is kind of what I mean by 'the iron fist inside the velvet glove'.

Happy to drop this topic.

I think there will be such projects in the future. with the interest in the crypto currency markets, the market for input and output money into important projects. tenx is in the eyes of investors and Monaco. this also is an important platform. the Web application must be active.