Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
MrSunshine
on 13/01/2018, 19:25:16 UTC
I think price go to 100+ till 20 FEB

Would be great! The trend development is very nice. A very hard pump, than dump to half way so net net an increase. Hodll!  Grin

why do you think, LSK could be @100$ ? Are there any fundamentals to proof this message ? For me, it looks like a snowball system because only the 100 delegates earns something, and they have to be voted to be on top of the 100 winners (which paid a lot of LSK to be in the voters list). On the other side, each transaction has a very expensive fee for 0.1 LSK for the chain operators and 0.1 LSK on the deposit place. That mean, a transaction costs 0.2 LSK. With a price of 100$ you have tp pay 20$ fees/LSK (20%) what's huge on the price level of 100. I don't see any future if this rules and fees consists and I no longer see much value for LSK because other projects with similar focus has made a good progress. Ethereum is the leader in that side chain biz today and still growing with real business cases and easy to use blockchain adaption. I can't imagine, that lsk has the same potential because the current circumstantes, which are in my personal opinion wrong.

I'm in LSK since 2$ and sold them today for good money.

just my 2 satoshis. correct me, if I'm wrong.

Yes, the large fees are currently an issue. The good news is that dynamic fees are on Lisk's plate and should be addressed this year. The fees will be based on the current Lisk price vs USD. So they may set a fee of say $.25 per transaction instead of .1 LSK.