Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tracphil
on 06/04/2016, 18:51:16 UTC

 smart move for yobit, but this can turn bad if LISK sold is more than they bought in ICO.


How?

If YoBit sells more than they have then that's on them not LISK. People that buy from them are taking the risk that YoBit will really have the LISK and can exchange their LISK tokens 1:1 for real LISK.

If you take that risk, it's on you. Not LISK

If they bought 1,000,000 LISK and they sell 1,000,000 LISK IOU's... then how can there be more LISK than they have.

Jeez...