Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
blacksky
on 05/10/2017, 18:08:25 UTC
... However, I don't understand why people are okay with this dumping of lisk from a forger

What would you do? In terms of risk management, you can not hold such large amount of a single altcoin. Lisk can be at $50 in a month or at 0. Who knows. Beside BTC you have to split into fiat, precious metal, stocks etc.

btw, the Lisks are not gone, just someone else holds it...

A delegate should be investing at least some of that back into the system.  Whether it's paying out to voters, funding Lisk projects, etc.  Not just sell 100% of their forged tokens everyday. What good does that delegate do for Lisk?  Besides suppress the value of Lisk.  

If the argument is that it helps with distribution, then they should be giving tokens away; not selling.  A delegate selling 100% of forged tokens does not help Lisk at all in my opinion.

Agree. They should not sell 100%. If I would be a delegate, I would share 70% with the voters, 10% funding projects, keep 10% and sell 10%.