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Topic: (LKK) LYKKE speculation - page 5. (Read 9077 times)

legendary
Activity: 1960
Merit: 1128
May 12, 2017, 08:48:44 AM
#45

Could you rephrase your question? Not sure what you mean. It's possible to store LKK on Coinprism.

Is there a way for a US citizen to buy LKK to send to a Coinprism wallet?

US-citizen can't use the App until the regulatory processes are finished and it would need the App to buy LKK. So, unfortunately not yet.
newbie
Activity: 36
Merit: 0
May 12, 2017, 08:07:26 AM
#44

Could you rephrase your question? Not sure what you mean. It's possible to store LKK on Coinprism.

Is there a way for a US citizen to buy LKK to send to a Coinprism wallet?
legendary
Activity: 1960
Merit: 1128
May 12, 2017, 07:51:15 AM
#43

Can people in the US use the Lykke wallet yet? I D/L'd the app, but it told me that if I lived in the US I could not use it yet? Has theat been fixed, and is there any way to invest in Lykke right now (For USAans) ahead of the wallet?

Unfortunately it's not possible for US-citizen yet to use the App. Reason is that Lykke is in regulatory processes in the USA. Once Lykke has received all needed approvals that will change of course. Lykke has a team in the USA and they give their best to get it through as fast as possible.


is it safe to assume there are no other ways to buy/store this coin/token thingamabob?  I better just get my bowl of popcorn and wait?

Could you rephrase your question? Not sure what you mean. It's possible to store LKK on Coinprism.
newbie
Activity: 36
Merit: 0
May 12, 2017, 07:31:11 AM
#42

Can people in the US use the Lykke wallet yet? I D/L'd the app, but it told me that if I lived in the US I could not use it yet? Has theat been fixed, and is there any way to invest in Lykke right now (For USAans) ahead of the wallet?

Unfortunately it's not possible for US-citizen yet to use the App. Reason is that Lykke is in regulatory processes in the USA. Once Lykke has received all needed approvals that will change of course. Lykke has a team in the USA and they give their best to get it through as fast as possible.


is it safe to assume there are no other ways to buy/store this coin/token thingamabob?  I better just get my bowl of popcorn and wait?
legendary
Activity: 1960
Merit: 1128
May 12, 2017, 05:30:46 AM
#41

Can people in the US use the Lykke wallet yet? I D/L'd the app, but it told me that if I lived in the US I could not use it yet? Has theat been fixed, and is there any way to invest in Lykke right now (For USAans) ahead of the wallet?

Unfortunately it's not possible for US-citizen yet to use the App. Reason is that Lykke is in regulatory processes in the USA. Once Lykke has received all needed approvals that will change of course. Lykke has a team in the USA and they give their best to get it through as fast as possible.

newbie
Activity: 36
Merit: 0
May 12, 2017, 05:16:30 AM
#40
Can people in the US use the Lykke wallet yet? I D/L'd the app, but it told me that if I lived in the US I could not use it yet? Has theat been fixed, and is there any way to invest in Lykke right now (For USAans) ahead of the wallet?
legendary
Activity: 1960
Merit: 1128
May 12, 2017, 03:15:11 AM
#39
Nick Gogerty Joins the Lykke Team as Chief Strategist, Gogerty is the founder of SolarCoin.

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

”Lykke is building a massive platform for growth,” he says. “Much of that work isn't public yet.
My near term job is to support Lykke's platform by finding the early partners and new products and services that will deliver exponential growth across geographies, business sectors and customers, from individuals to institutions."

Lykke is gonna be a big thing in the future!
Interesting: I have tested the platform and found it promising: I invested a little bit.
Do you know if the likke asset will be tradeable on others exchanges ?

It is planned to get LKK on other exchanges as well.

sr. member
Activity: 445
Merit: 255
May 11, 2017, 04:20:47 PM
#38
Nick Gogerty Joins the Lykke Team as Chief Strategist, Gogerty is the founder of SolarCoin.

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

”Lykke is building a massive platform for growth,” he says. “Much of that work isn't public yet.
My near term job is to support Lykke's platform by finding the early partners and new products and services that will deliver exponential growth across geographies, business sectors and customers, from individuals to institutions."

Lykke is gonna be a big thing in the future!
Interesting: I have tested the platform and found it promising: I invested a little bit.
Do you know if the likke asset will be tradeable on others exchanges ?
sr. member
Activity: 448
Merit: 251
May 11, 2017, 07:05:41 AM
#37
Nick Gogerty Joins the Lykke Team as Chief Strategist, Gogerty is the founder of SolarCoin.

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

”Lykke is building a massive platform for growth,” he says. “Much of that work isn't public yet.
My near term job is to support Lykke's platform by finding the early partners and new products and services that will deliver exponential growth across geographies, business sectors and customers, from individuals to institutions."

Lykke is gonna be a big thing in the future!
sr. member
Activity: 448
Merit: 251
May 11, 2017, 05:53:21 AM
#36
Lykke is continuing the steady climb.
today $0,16 with a marketcap of 22mil.
download the app and get on board! this one is gonna be very big in a couple years,
if you are looking to get in on early stage, this is it!
legendary
Activity: 1960
Merit: 1128
May 05, 2017, 02:41:50 PM
#35
a web wallet is needed !

It's in development:

What to expect next?

The short term plan is to enhance the settlement process and do most of the settlement offchain in the state channels, with guaranteed mechanisms to protect both the client and the exchange. The offchain will help to minimize cost of settlement (which is already above $2 per tx on bitcoin blockchain), allow limit orders and high-speed trading for clients. Users will be able to send limit orders inside the spread, thus, improving liquidity. We will provide API for this and introduce a web-based terminal.

(...)

https://www.lykke.com/city/blog/why_does_lykke_coin_price_go_up


nice, i didn't see that !


The whole article is very interesting. Long, but tons of infos! Smiley

hero member
Activity: 1932
Merit: 940
May 05, 2017, 02:38:34 PM
#34
a web wallet is needed !

It's in development:

What to expect next?

The short term plan is to enhance the settlement process and do most of the settlement offchain in the state channels, with guaranteed mechanisms to protect both the client and the exchange. The offchain will help to minimize cost of settlement (which is already above $2 per tx on bitcoin blockchain), allow limit orders and high-speed trading for clients. Users will be able to send limit orders inside the spread, thus, improving liquidity. We will provide API for this and introduce a web-based terminal.

(...)

https://www.lykke.com/city/blog/why_does_lykke_coin_price_go_up


nice, i didn't see that !
legendary
Activity: 1960
Merit: 1128
May 05, 2017, 02:36:36 PM
#33
a web wallet is needed !

It's in development:

What to expect next?

The short term plan is to enhance the settlement process and do most of the settlement offchain in the state channels, with guaranteed mechanisms to protect both the client and the exchange. The offchain will help to minimize cost of settlement (which is already above $2 per tx on bitcoin blockchain), allow limit orders and high-speed trading for clients. Users will be able to send limit orders inside the spread, thus, improving liquidity. We will provide API for this and introduce a web-based terminal.

(...)

https://www.lykke.com/city/blog/why_does_lykke_coin_price_go_up
hero member
Activity: 1932
Merit: 940
May 05, 2017, 02:33:52 PM
#32
a web wallet is needed !
hero member
Activity: 784
Merit: 500
May 05, 2017, 07:57:17 AM
#31
Your phone app is very nice. Congratulations.
newbie
Activity: 36
Merit: 0
May 04, 2017, 04:27:32 PM
#30
I am very excited about the Lykke project, the scope and vision of this is incredible. I suspect people who are taking a casual look on the lykke website may not be picking up on the longer term scope and potential of this project, it will truly be massive if they get this going how they envisage. Exciting times with such things to invest in!
legendary
Activity: 1960
Merit: 1128
May 04, 2017, 02:29:39 PM
#29
Hi, all. i've been so excited and rather worried about this boom of cryptocurrency market nowadays.

But it's looking that there still are some good chance to get huge benefit, if we try to find some.

And Lykke is one of my recent starred lists to invest in.

I decided to be a shareholder of Lykke, and i downloaded an iOS app and noticed that there are 2 options to be a shareholder.

The first is LKK (equity) and the latter one is LKK1y (forwards).

And the price of LKK1y is somewhat higher than LKK, as we can see in the stock market.

But in my thought, it'd be much better to buy LKK instead of buying LKK1y, since there's no benefit to buy

forwards with higher price, which we can't use margin trade or on short position as well.

Can anyone explain what LKK1y buying advantage instead LKK is?

Thanks in advance and sorry for my lack of Eng. since i am learning nowadays.


You are right that there is no advantage in buying forwards if the price is higher then usual LKK, but that was just a temporary and more unusual situation.

In general it can be expected that LKK1Y is cheaper than LKK and the advantage is exactly that. It's possible to buy LKK1Y and to trade it like usual LKK, and/or: To settle it and 365 days after doing that, the user will get LKK 1:1. Disadvantage: Once it's settled it's not possible to trade the forwards anymore, but for Investors who are longterm-focused it doesn't seem to be problem.

Some advantages of the forwards in general: Lykke did a short LKK1Y-crowdfunding in February and while Investors are usually concerned that additional supply on the market might pressure the price, that is not the case with the forwards. Also in one year the supply won't hit the market at once but more float it over time - dependent on the time individual Investors decided to settle their forwards.

Another very interesting point is: It can be seen as a sign of optimism that the LKK1Y-price comes close to LKK, because it means that more and more Investors have settled it and the decreasing supply lifts the price whenever there is demand. Once the price is close to LKK ppl tend to buy LKK of course.

In Short: The forwards have a lot of advantages and reason for interesting market dynamics.


A more in depth explanation about LKK1Y can be found here:

What is Lykke Forward?
https://www.lykke.com/city/blog/what_is_lykke_forward
sr. member
Activity: 448
Merit: 251
May 04, 2017, 01:43:23 PM
#28
http://fintechnews.ch/fintech/swiss-fintech-highlights-2017/10883/

LYKKE still at good entry point for investing!
sr. member
Activity: 448
Merit: 251
April 30, 2017, 05:05:27 AM
#27
Picked up some HCP on the lykke exchange.
I wouldn't count it as a solid investment,
But defenitly a good program to change things for the better.
https://blockchainexplorer.lykke.com/asset/AMXVqrRXEwfUuqUE4XozMb6ugb6L6PSFJ8
sr. member
Activity: 448
Merit: 251
April 30, 2017, 02:40:06 AM
#26
Lkke1y is $0.01 cheaper then lkke at the moment ,
But your right LYKKE has huge potential!
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