Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
breeze71
on 03/12/2016, 18:45:31 UTC
Quote
Bitcoin:
emission rate = 12.5 BTC every 10 minutes
yearly emission = 0.657m new BTC
current supply = 16m
current inflation rate = 4.1%

In the first two years of release more than 28 million new LSK. This more than the all Bitcoins (21 million) or all DASH (18 million). You want to have unlimited inflation as a central banks. Some people invest in Lisk after ICO and lost their money.

facts:
1) I told people about the Lisk. They didn't buy it.  Reason? They didn't like the unlimited issue LSK.
2) Look at the LSK price. After 0.00125 btc only dump.
3) A lot of people who have invested in the Lisk after ICO and by LSK at 0.00125 btc, 0.0008 btc, 0.0006 btc.... lost their money and disappointed in the project. Other people saw it and they were afraid to invest in the Lisk because high risks.
4) Community couldn't stand the pressure of a whale with its wall 4.5 million LSK and the market will not sustain 28 million new LSK.

Quote
With the current Lisk system, 30% inflation of the supply over 4 years would be cancelled out by a 1000% increase in price that would come from stabilizing the chain and releasing blockchain apps.
Nobody buys Lisk now because people don't believe in growth.