Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers

So, we can expect another dump, when forging start in 2 days?
15,000,000 LSK, thats about 41,000 new LSK in circulation every day ?

Correct me if I am wrong

In circulation doesn't mean that all the delegates will sell their ~480 LSK every day (or at least I hope so), but yeah it means that there will be more than ~48k LSK everyday.

I guess we will see soon enough how everybody will be keeping their promises they made to become a delegate..

480 LSK a day is a serious amount and I hope and assume they will indeed be used for development and security rather than personal gain.

95% will be sold for BTC.

90% maybe too lot, some of them must be real lisk lovers, maybe 50 of them will sell.

A delegate can only be certain of his spot for 101 blocks, i.e. a round of about 17 minutes. After one round he might not be a delegate anymore. Therefore, there is constant pressure to deliver their promises.

Interesting stuff, I will be very interested to see what impact forging has on Lisk. If what you are saying works - hopefully it will be great for the coin and community, I'm suspecting that there could be some false price manipulations and specualtions over the first day or weeks - I suspect we will know how successful it has been by around mid Janurary.