Quote from: mcb1221 on June 18, 2016, 04:00:04 AM

Quote from: megashira1 on June 18, 2016, 03:35:27 AM

Lisk should be benefiting from the recent ETH/DAO turmoil; what gives?

Nah i dont think so , the recent turmoil has been over and partial funds are secured , moreover this recent turmoil made headlines and acted as publicity of Dao and i think they reached much to new investors and will be profited many folds than the loss that made during the glitch.

You don't seem to understand what happened. DAO is done. It will be shut down. Available ETH-Funds will flow back to DAO-holders.

Conclusion:

1. It's not a question if DAO is done. It's a fact.
2. It's not a question if all the ETH will reach the market. It's just a question of time and we don't speak about years.

And when it comes to "solutions": There are options on the table that will most likely hurt Ethereums integrity in some ways. It looks as if they see the money as priority which is already a proof of mistake by design. What I mean with that is: A 150 Mio Dollar Smart Contract in such an early stage on a platform that is obviously not ready for it was more than just stupid. I didn't see the hack coming but in all scenarios the DAO would have been an economical risk for Ethereum. The current situation is kind of a worst-case.

Plus: The question if Lisk will benefit or not shouldn't be answered with a focus on direct money-transfers from Ethereum (or DAO) into Lisk now. It's more about the bigger picture and a larger time-frame. If Lisk can establish itself as a professional and trusted platform while Ethereum definitely will lose a lot of trust (ongoing dynamic), Lisk will benefit. Not necessarily because many will sell there Ethereum to buy into Lisk (which is also possible) but a lot of money won't even go into Ethereum anymore but in other projects instead. And Lisk can be one of the top-players in this game.