Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
tempus
on 07/08/2016, 12:56:05 UTC

My opinion on Lisk, the team and the price is:

I figured that they are very good in marketing, very strategic and that's why I bought into the ICO. But I had the plan to sell right after launch because I wasn't too sure about the tech, about long-term-perspective. I saw it more as a hype and I wanted to make a quick buck tbh.

But: I watched this all and more and more they (the team, but also some out of the community) convinced me that this is a serious project with longterm-vision, that this is not just about hype without base. They do a lot to stabilize it on all fronts. That's nothing the majority recognizes but exactly that is a buy and will pay out if it's done accurate.

So, my plans changed over time. I did not dump. I sold some but I also buy back over time to get a good average-price. The rest is just a question of time.

With other words: The price is no indicator. Besides the fact that it's still above the ICO-price (and Lisk is the only ICO-projekt I know of the last time that never went below) Lisk really has a lot of chances for longterm. I believe that Lisk also will benefit from the weakness of Ethereum that becomes more and more obvious and not just because of ETC. ETC is not cause for a weakness, it is effect.

I really believe that Lisk can reach more than Ethereum, but just if they don't make the same mistakes and rush things out while the base is not totally stable. So, they do the right things.

Regarding the price my prediction is: Those who focus too much on it now and are concerned about it and sell, will buy back in. But higher of course.


well, you are at least right about the hype part.

Just to avoid misconceptions here: I don't say the team hyped. They made and make thoughtful marketing and that is needed and not just for the price. It is needed to get the attention of App-Dev's.

But there was a lot of hype in the community, a lot of very high hopes for short term - all the pics of lambos and screaming "moon" etc.

And it's not correct to reduce Lisk on that (marketing and hype). Like I've said: They do a lot of base-work that the majority doesn't recognize yet. But I'm sure that it will pay out. If you believe this is just about hype you should sell if you hold Lisk.