Quote from: jupiter00000 on September 16, 2016, 06:15:57 PM

Quote from: mtnsaa on September 16, 2016, 05:29:22 PM

Quote from: jupiter00000 on September 16, 2016, 02:38:32 PM

Quote from: LykkeX on September 15, 2016, 06:51:22 PM

https://medium.com/@pullnews/are-coinbase-kraken-and-poloniex-doomed-to-fail-2739153d033a?platform=hootsuite#.ct1x0c2e1

Not worth taking the time to explain to us your insane valuation? You expect 1 billion dollar daily trade volume by the end of next year. Seems pretty confident. What makes you so confident? All you have is an app, like getgems. But with less features than getgems. They had a larger community and more features and look where they are now. And yes, we all know that centralized exchanges are doomed to fail. That's why we have bitsquare, wavesplatform and syscoin - which is still 50% vapor, but they aren't making crazy statements like 1 billion dollar daily trade volume by next christmas. I'd like to see what information validates your assumption of 1000× growth in a year.

They are not promising anything, that's the goal and considering how the the app works and how straight forward the whole system seems to be I don't think it's unrealistic at all.

You think 8k sats for 1 LKK is overvalued and you name unusable vaporware like bitsquare, waves and syscoin as legit projects? Those are the ones that are way overvalued if you ask me. And by the way, the price doesn't change if you invest more like in Waves where investors got screwed when it was overfunded.

30M are for sale at that price and that's it, they are not looking to hoard as much BTC as possible and investors be damned. Another huge plus in my opinion, very clear and honest approach.

Oh I would never say those projects are confirmed legit - but they have market values far below Lykke and they seem to have a similar product and ambition. The Lykke literature anticipates a valuation beyond the marketcap of Bitcoin within 400 days and I just find that unrealistic. Thanks for sharing your opinion. I really like the popular new focus on blockchain assets and it will be interesting to see who comes out on top. I really enjoy the Colu interface for creating custom assets on colored coins, and I hope this project will be as capable of doing all that and more soon.

Hmm I don't think 1 billion trade volume translate into LKK marketcap and valuation, but on the services and products they provide on the marketplace and exchange. It already works flawlessly and it's very user friendly so I would definitely think of moving there from Poloniex, at least part of my daily trading holdings.

Sorry if I misunderstood you but you can't really compare it to Waves or similar unproven projects. Lykke is a full fledged company already funded that have a working product and regulations in place. It may not pan out of course, you can invest or not.

I would definitely agree with you if the set price was above Waves or Lisk from the get go (actually it may even be acceptable if you ask me) but saying 8k sats is completely inflated and overvalued...really?