Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
RbiggerG
on 15/03/2018, 12:58:48 UTC
when can we expect LISK to recover?

When the market recovers.

Also the expected open beta launch for Lisk (in 3 or 4 weeks) will help.

Look around bitcointalk...I don't have the thread off hand but the mt. gox trustee is dumping ...on each dump we hit a low...the trustee is clueless...I've read

that he has had offers to buy off exchanges from legit folk and that he would make more on an auction..but he seems to be panic dumping thus is mainly the

cause from the drop from 18k folk are saying. Thus since Nov 2017 or so...about $500 milion BTC have been dumped to USD and $1.9 Billion dollars to go!

sh*t we could be looking at 1,000 BTC again..if he panic dumps wrong.

So anyway, until this clears up ....we are looking at sideways at best or Jan 2017 $1,000 prices at worse ...till they clear this up...my fear is they have a

'deadline' to move BTC to cash..if that is the case...the whole works could go tulips....


what a cluster


thus LISK will have to stand on its own merits...and such.....because the link of price between alts like LISK is strong....we could be sucked into a downward

spiral of price...we have no control over...oh ....and with our luck the other shoe will drop with tether coin also....FML...



I think the Gox trustee has sold enough to pay off the debts, so may not sell anymore. Also now that he is been called out, if he does sell more, perhaps he will do it a more constructive method like you mentioned.


We can hope...unless he is giving advanced notice to relatives ..before he dumps as a mt. gox trustee...

Also, from what I heard of Japanese Bankruptcy...IF he pays off all the debts.....a portion will got to mark karpales....thus he probably will still be in the money as well

all we need now is the other shoe to drop on tether coin ...and it will be a party then! FML

Further...it is BANKRUPTCY ...I think ALL of the remaining $1.9 Billion has to be sold to USD, as a result...thus we are screwed....(why they call it bankruptcy..there is a

method to it...liguidate it all) again FML





Weren't they also discussing to distribute the remaining BTC in the form of BTC? As far as I know only the initial Mt.Gox loss had to be reimbursed + some money for the whole insolvency process. I also find it odd that there have obviously been no restrictions at all on how to proceed with the sale. A guy taking care of insolvency is allowed to crash an entire global market. Sounds logical!