Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
is there a coin which rose in value just after ico?
in my memory the price always dropped first
in my memory the price always dropped first
Price always starts too high, light x5-10. Then come sellers that are fine with x2-x3 profits. But I don't remember price go lower than IPO price if tech behind coin is solid. Sometimes shit happens and people with soft balls sell low, but if there's nothing wrong with a coin network nobody sells with loss.
I think Lisk is too solid to go under ICO price
Talking about the price after the ICO is not interesting at all, unless you got into Lisk for a quick buck.
Why?
To get Lisk on the road, the team needs a budget for developers, PR, closing deals, attend conferences.
We, the investors make that happen! When you buy Lisk, you buy a piece of the future, you make this possible!
The price after the ICO can go anywhere but doesn't affect the team that's working on Lisk anymore: they depend on what the ICO has yielded.
Up to now I think it's safe to say the ICO surpassed everyone's expectations! That's awesome!
Now: let's focus on development, not on price after an ICO that will be based on FUD, whales, hypes and what's more to come. When the team shows results, price will settle.
When you step into an ICO, it's a long term investment... Only weak hands get out early...
The speculation was interesting, but you're right.
Another point to discuss: I don't like things done hurriedly, but the devs must consider that must bring very good results long before the Bitcoin's halving event, cause we'll see a lot of cashouts and a lot of altcoins dying.
Bitcoin halving won't do much.
Only a short pump and back to normal, same as last halving.