Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
I know this would be part of a price speculation thread, but I believe its a logical assumption that the launch on an exchange price will be at least that which is listed on Coinmarketcap.com at the time of launch. We all know that the Yobit price is not official, but psychologically, this has to have an effect on what expectation people will be valuing it at.
I'd be surprised to see the price launch cheaper than that listed on Coinmarketcap.com
Just about every other major ICO (including ETH which had an IOU as well) sees a decline in price at the time but most don't ever decline below ICO prices. Then after those who collect immediately, the price levels off and begins to rise over time. Some try to sell some or all immediately for a short term gain but over time we all know that the coin is going up. How far nobody knows. You can probably sell out for $1 or just over on launch day or chill and drink some wine for a few weeks and sell out at $4 or $5 or ride it for several months and get more. So many decisions I'd be surprised to see the price launch cheaper than that listed on Coinmarketcap.com
But the one thing that is most likely is that the price will drop a bit below IOU prices initially. Newbies will panic and sell which may cause it to go down more than it needs to.
So the trick is to sell before the newbies do and buy back more after they did.