Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
punkrock
on 13/01/2018, 19:25:35 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.

Check the roadmap. Fees are currently high, yes. But we'll see dynamic fees soon™ (as you can see in the roadmap). I also recommend to read this article. Lisk has a fast growing team of great people from all over the world who are now in Berlin and more people will follow. The team has funds worth nearly half a billion dollars that can be used to make everything happen and bring Lisk to the next level. On 20th of FEB they will relaunch Lisk at a big event infront of 500 people (watch the livestream on YouTube, starting that day at 8:30pm CET). They will open a new office in Berlin around May this year, where 160 people can work. And these are only the things happening the next months. Even if I don't like to compare Lisk with Ethereum (read the article I've linked above), one thing is important: Ethereum is using Solidity (not very known) and Lisk is based on JavaScript - one of the most used programming languages on the planet. So, there are millions of devs out there who can easily start developing apps on Lisk. I also recommend to watch some interviews on YouTube with Lisk CEO Max Kordek.