Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
tempus
on 25/05/2016, 13:35:34 UTC
Quote from: tempus on May 25, 2016, 01:26:41 PM
Quote from: Breasal on May 25, 2016, 01:22:05 PM
Quote from: tempus on May 25, 2016, 12:57:38 PM
Those who invested in the ICO are able to sell in profit if they want.

Profit margin is shrinking. I imagine it will continue down to 2x or less. I'm curious if price will drop below ICO...good time to accumulate.


Not sure about that. I believe it could be a similar dynamic like Ethereum in it's first days. A lot of dumping when it hit the exchange but then it stabilized (above ICO-price) and then a nice rebound.

This is the Ethereum-Chart right after it launched:




To add this:

LISK has much more volume than ETH had right after Launch.

Lisk currently: 14392 BTC (not even 24 Hours)

Ethereum the first 5 days after launch:

1: 1205 BTC
2: 898 BTC
3: 718 BTC
4: 3007 BTC
5: 4690 BTC


What does that mean? First: There were also problems with ETH right after launch and if I recall it correctly there was no wallet for non-technical-user and there was a lot of complaining and there were a lot of accusations. Second: Lisk is moving faster. The times have changed and there is more money in the market now. Third: It's wanted.

Out of the perspective of those who missed the ICO all the drama and panic-dumping was (and is) a chance if they believe in Lisk in longterm.