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Board Announcements (Altcoins)
Re: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS
by
tombstone2
on 02/09/2016, 16:06:50 UTC
If anyone is interested, I can take over the dev work

Would you be able to get a wallet up so people can transfer their XCR before they lose them when Poloniex delists?
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Board Announcements (Altcoins)
Re: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS
by
tombstone2
on 01/09/2016, 19:13:59 UTC
I have a small % of my original XCR that I held back from the LISK ICO just in case.  Does anyone know if there's at least a working web wallet where tokens can be stored in the event that someone picks the project back up at some point?
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Board Altcoin Discussion
Re: Which social media platform will launch a MVP sooner Synereo or STEEM ?
by
tombstone2
on 19/04/2016, 15:07:32 UTC

sounds like scam justification to me...

They said no premine no instamine then instamined it all themselves. When someone else got some they reset the blockchain to start again.

sounds like xcoin release but they had to do it that way.

soon it seems devs will have to take 80% of the minting it's the only fair and legal way to get some funds Sad


I'd take transparent ICO over this.

Let's go back to POW fair release protocols from wave 2 of alt releases.

So it's not ok to premine (mine before the ann thread is created)

But it is okay to instamine it whilst stopping majority of others mining it. Whilst claiming no instamine and no premine.



It's kind of hard to believe what an idiot you are.
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 15/04/2016, 18:47:05 UTC
@LiskHQ

I asked this question once before but didn't see a response (sorry if I missed it).  I'm wondering if the differences between Crypti and Ethereum described below are true of Lisk vs. Ethereum now.  I would think so, but I'm not 100% sure how the differences may have changed since Lisk came into existence (and considering that 6 months have passed since the linked article was written).  Thanks in advance.



http://bitscan.com/articles/crypti-dapps-without-the-dollars

from linked article:

Q: On the surface of it, Crypti looks a lot like Ethereum - what are the differences?

Crypti is a decentralised application platform, while Ethereum is a smart contract platform. Now, you may find yourself asking, what does this actually mean?

At Ethereum, there is absolutely no doubt, developers get access to a great decentralised backend system. However, I feel this is at the cost of not having an in-built frontend or hosting solution right from the beginning. This forces decentralised application developers to rely on existing third-party centralised solutions, which in our view is far from optimal.

With Crypti, the situation is completely different. Developers have access to a full-stack decentralised ecosystem, providing concrete solutions for the frontend, backend and storage layers of a truly decentralized application. Plus, as an added bonus, each dapp is distributed through our very own Dapp Store, where users can install and launch dapps from an easy-to-use interface.

Developing dapps for Crypti is very easy. Crypti dapps are written in JavaScript and are powered by the increasingly popular Node.js runtime - both of which could arguably be described as the most popular tools used to build applications for the web today. Coupled with our simple-to-understand software development kit (SDK), I feel Crypti is the best choice of platform for developing decentralised applications on the blockchain.
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 12/04/2016, 00:25:36 UTC

aww here i got excited, its just another self dump IOU market, here i thought BTS would bring in the community ;(

bah, o well ;(

Every single exchange trades IOUs, how do you think you trade coins from different chains? When you trade at Bitstamp you're trading IOUs, same for all other exchanges.

Exactly.  It can only be an IOU token.  Just not transferrable or withdrawable.  Until launch.  Which is what the OpenLedger announcement says.
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 12/04/2016, 00:20:01 UTC
Cool.  OpenLedger getting into the mix now.  That's a good sign.  And at least now if someone wants to buy some pre-launch LISK, there's a safe place to go.  Also, it looks like they're offering some for less than YObit in order to jumpstart the market, I guess.  Nice.

By the way, I think LISK:ETH pair is very interesting.  Hmmm.  Does that foreshadow the epic battle that is about to ensue between ETH and LISK?   Grin
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Topic
Board Altcoin Discussion
Re: Strange Lisk price patterns at Yobit and Bloombit
by
tombstone2
on 10/04/2016, 22:09:52 UTC
The IOUs are being traded, right? So, they´re fungible at least if that means mutually interchangeable. Maybe I´m misunderstanding something.

they have no blockchain to transport the actual token from one exchange to the other, thats why they are not fungible.
And I also think, they could have serious problems paying out the tokens. Maybe they even sell more, than they have... you never know...
Then it means, that you have a token, that is not fungible to a real LISK later, if the prices rise too much and the exchange defaults...

As Rizla2345 said, the pre-launch tokens being traded ARE fungible, they're just not transferable.  And that was my point.  Anyway, the exchanges trading pre-launch LISK will simply enable deposits and withdraws of LISK once it launches.  If they truly have ICO Lisk as they claim, then it will be a perfectly smooth transition for everyone.  Problem is, who really knows...especially with bloombit??   

It would be nice if a reputable exchange that is hungry for new users would do pre-launch trading.  A good candidate would be Bittrex since they're trustworthy but aren't getting a lot of traction.  Another good candidate would be OpenLedger since they're in the process of bootstrapping their decentralized exchange which, incidentally, runs on Bitshares (the inventor of DPoS). 

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Topic
Board Altcoin Discussion
Re: Strange Lisk price patterns at Yobit and Bloombit
by
tombstone2
on 10/04/2016, 20:48:14 UTC
The price discrepancy between the exchanges is kind of strange. The price on one has been up to five times higher on one than the other. It has narrowed now but is still large I think three times or so.


We are talking about IOU lisks so it's normal.... only a 'limited supply' is available for the trading.

Plus, there's no way to arbitrage. The IOUs themselves are not fungible, so there's no way to withdraw or deposit them.

It is true that the pre-launch IOUs cannot be withdrawn or deposited.  But what do you mean they are not fungible?  And I know what fungible means, so I'm not asking you to define it.  I'm asking what you think it means in this context.   
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 10/04/2016, 19:42:55 UTC
And by the way, why do people keep saying "IOU" trading as if that's unusual?  The fact is, ALL trading at exchanges is based on IOUs.  If you trade BTC at an exchange, you're trading an IOU.  If you trade ETH at an exchange, you're trading an IOU.  When you finally trade LISK at an exchange, you'll be trading an IOU.  You don't think coins are actually moving from wallet to wallet every time someone makes a trade on an exchange, do you?  


Whatever you want to call it, "IOU" or otherwise, yobit trading is different from trading ETH right now at polo because LISK hasn't even launched yet.
In either case, one may not be trading the actual coins from wallet to wallet like you say, but in the case of ETH at least the exchange holds the real thing.
There should be some word making it clear that Yobit holds no real lisk. The word/acronym the community has chosen to use is "IOU".

Ok, I'll accept that a misnomer has been chosen to describe pre-launch trading.  But the more important point is that there's nothing wrong with it as long as they have the ICO coins to back up their sales.  They do claim to.  If they are lying, of course that is very shady.  At the end of the day, if you are buying pre-launch LISK from YObit, you better have good reason to trust them!

Anyway, to be honest, I can't understand why an exchange like Bittrex doesn't do pre-launch trading.  They are pretty well trusted.  And they would stand to gain a lot by adding new users (since currently not many people trade there).  Another good candidate to do pre-launch trading would be OpenLedger since they're in the process of bootstrapping their decentralized exchange which, incidentally, runs on Bitshares who invented DPoS. 
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 10/04/2016, 19:03:36 UTC
And by the way, why do people keep saying "IOU" trading as if that's unusual?  The fact is, ALL trading at exchanges is based on IOUs.  If you trade BTC at an exchange, you're trading an IOU.  If you trade ETH at an exchange, you're trading an IOU.  When you finally trade LISK at an exchange, you'll be trading an IOU.  You don't think coins are actually moving from wallet to wallet every time someone makes a trade on an exchange, do you? 

As for the pre-launch trading, it's a completely natural market occurrence and there is certainly nothing wrong with it as long as the exchange has the ICO coins in their wallet for people to withdraw (if they choose) once LISK is launched.  The only question is, who knows about these 2 sites (especially bloombit)?  Are they honest?  It's anyone's guess!
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 10/04/2016, 18:58:36 UTC
It looks like LISK (IOU) price is gradually declining, although it could be a general thing currently in the market. It is a pity about the IOU because the IOU might just have taken the steam of the initial rise and decline usually seen with new coins. There is normally a quick rise and decline and then the price settles and then enters the development phase and is dependent on the development work. If development work is poor the price goes down further and if the development work is good then price will rise again. What is clear is that the IOU portion of the LISK money supply is insignificant to the total money supply and should not necessarily be seen as indicative of the price of the main supply of the real coin. This is because a small supply is very much sensitive to price movements especially in an environment where a lot of hype was created and people are impatient with anticipation. The real price could be much higher or much lower.

The next thing that will impact LISK is what will happen on launch day. If a significant portion of the 100m finds it way to the market without the corresponding demand the price will go down. If there is enough demand the ICO investors will exit at a profit and the new investors (and/or whales) will take over at the new floor and do their thing. Most people have a short term profit objective without necessarily worrying too much about what a coin is about as long as whatever the dev team and community does enhances the chances of their objective being met. The chances are therefore higher that a significant portion of the supply will go to market relatively quickly after launch because most holders with a short term profit objective will want to execute their strategy as quickly as possible at maximum profit. The ICO investor mix plays an important part. If the ICO mix were more big investors caring about the coin and future potential less coins will hit the market early on. If the mix were more day traders that would do anything to make a bitcoin or 2 they will exit as soon as they can make that 1 bitcoin and they will jump with joy. Chances are higher though based on statistics that the latter option is the case but not necessarily.

LISK holders must just hope that the wind was not taken out of its sails with the IOU thing and momentum negatively impacted so that that is not seen as the initial rise and decline of the coin. I hope for everyone that there will still be another one after the coin launches for real. However, imo, holding should be more long term for LISK and I hope there are many people with a long term objective in the ICO investor mix.


It's all about supply and demand.  You said it yourself.  "If there is enough demand the ICO investors will exit at a profit and the new investors (and/or whales) will take over at the new floor and do their thing."  So my question is, why would these people be affected by what happens in VERY limited trading at YObit or especially bloombit?  It's meaningless.  The supply is extremely limited.  And the demand (i.e. number of potential buyers on those sites) is extremely limited too.  This pre-launch trading is just the very, VERY early stages of price discovery that may or may not be anywhere near reality once real supply & demand are unleashed.  Placing any kind of emphasis on the pre-launch trading, especially at these 2 sites, isn't much different than attaching significance to private sales that may take place between parties who post about it on this forum.  None of it matters until there is real supply & demand, and real volume.
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 10/04/2016, 18:25:02 UTC
Does anyone know if the differences between Crypti and Ethereum as described below are still accurate (except now obviously I'm referring to LISK vs. Ethereum)?  Specifically, this says (at least at the time) that Ethereum did not have "an in-built frontend or hosting solution".  Whereas Crypti (and I assume LISK) does.  Is this correct?  
 

https://bitscan.com/articles/crypti-dapps-without-the-dollars

Q: On the surface of it, Crypti looks a lot like Ethereum - what are the differences?

Crypti is a decentralised application platform, while Ethereum is a smart contract platform. Now, you may find yourself asking, what does this actually mean?

At Ethereum, there is absolutely no doubt, developers get access to a great decentralised backend system. However, I feel this is at the cost of not having an in-built frontend or hosting solution right from the beginning. This forces decentralised application developers to rely on existing third-party centralised solutions, which in our view is far from optimal.

With Crypti, the situation is completely different. Developers have access to a full-stack decentralised ecosystem, providing concrete solutions for the frontend, backend and storage layers of a truly decentralized application. Plus, as an added bonus, each dapp is distributed through our very own Dapp Store, where users can install and launch dapps from an easy-to-use interface.

Developing dapps for Crypti is very easy. Crypti dapps are written in JavaScript and are powered by the increasingly popular Node.js runtime - both of which could arguably be described as the most popular tools used to build applications for the web today. Coupled with our simple-to-understand software development kit (SDK), I feel Crypti is the best choice of platform for developing decentralised applications on the blockchain.

Crypti failed that's why they are rebranding it!   Shocked   lol

Why quote my question if you're not going to answer it?  Ya dumb ass!
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 10/04/2016, 18:08:51 UTC
Does anyone know if the differences between Crypti and Ethereum as described below are still accurate (except now obviously I'm referring to LISK vs. Ethereum)?  Specifically, this says (at least at the time) that Ethereum did not have "an in-built frontend or hosting solution".  Whereas Crypti (and I assume LISK) does.  Is this correct? 
 

https://bitscan.com/articles/crypti-dapps-without-the-dollars

Q: On the surface of it, Crypti looks a lot like Ethereum - what are the differences?

Crypti is a decentralised application platform, while Ethereum is a smart contract platform. Now, you may find yourself asking, what does this actually mean?

At Ethereum, there is absolutely no doubt, developers get access to a great decentralised backend system. However, I feel this is at the cost of not having an in-built frontend or hosting solution right from the beginning. This forces decentralised application developers to rely on existing third-party centralised solutions, which in our view is far from optimal.

With Crypti, the situation is completely different. Developers have access to a full-stack decentralised ecosystem, providing concrete solutions for the frontend, backend and storage layers of a truly decentralized application. Plus, as an added bonus, each dapp is distributed through our very own Dapp Store, where users can install and launch dapps from an easy-to-use interface.

Developing dapps for Crypti is very easy. Crypti dapps are written in JavaScript and are powered by the increasingly popular Node.js runtime - both of which could arguably be described as the most popular tools used to build applications for the web today. Coupled with our simple-to-understand software development kit (SDK), I feel Crypti is the best choice of platform for developing decentralised applications on the blockchain.
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Topic
Board Announcements (Altcoins)
Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch)
by
tombstone2
on 10/04/2016, 11:00:57 UTC
The incentive to hold VESTS will fall dramatically over the next few weeks as the rate of change in the supply of STEEM falls.


Do you mean the incentive to hold VESTS or the incentive to create new VESTS from STEEM?

Bump
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Topic
Board Speculation (Altcoins)
Re: LISK price speculation
by
tombstone2
on 09/04/2016, 16:39:46 UTC
nice to believe YoBit price is real but i do not think it will hold, the fact its 0.004 on BloomBit is proof of that, i think it will decrease closer to release or just dump hard when everyone gets their Lisk

.004 on bloombit is not proof of anything except that they have a never ending sell wall that they keep replenishing at the same price instead of putting sells at different prices and letting it trade up a bit. If they did that, I'm sure the price would be higher.  But just think what will happen once they finally run out of supply.  The price will shoot up at that point.

They seem corrupt, so what is to stop them from trading more than they have? Though that can end quite badly, lol.

I just wonder why they are trying to keep the price down and at who's bequest?



They are just trying to get the maximum BTC  they can...................they don't care about price, they just want BTCs, hence the constant renewal of the sell wall at the 0.00468947 level which is much cheaper than yobit

Looks like bloombit finally ran out of supply and the price is starting to rise there.  It will be interesting to see if/when/where bloombit and YObit prices intersect.  
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Topic
Board Speculation (Altcoins)
Re: LISK price speculation
by
tombstone2
on 09/04/2016, 08:30:23 UTC
nice to believe YoBit price is real but i do not think it will hold, the fact its 0.004 on BloomBit is proof of that, i think it will decrease closer to release or just dump hard when everyone gets their Lisk

.004 on bloombit is not proof of anything except that they have a never ending sell wall that they keep replenishing at the same price instead of putting sells at different prices and letting it trade up a bit. If they did that, I'm sure the price would be higher.  But just think what will happen once they finally run out of supply.  The price will shoot up at that point.
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Topic
Board Speculation (Altcoins)
Re: LISK price speculation
by
tombstone2
on 09/04/2016, 04:05:12 UTC
I'm fairly certain it will be dumped massively on YOYO just before it goes live. Worst case scenario is other exchanges refuse to take lisk. Unlikely but I know they are very irritated by whats happened. All we can do is hope the Yoyos don't dump but greed always wins.

What the hell are you talking about?  Why would an exchange refuse to take LISK?  LOL
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Board Altcoin Discussion
Re: Strange Lisk price patterns at Yobit and Bloombit
by
tombstone2
on 09/04/2016, 01:29:57 UTC
There is NOTHING wrong with an exchange creating a LISK market based on coins they will receive upon launch...as long as they actually deliver those LISK to their users holding the IOU token.  But whether I would actually send funds to a completely unknown exchange like bloombit.net, that is another story!  YObit, on the other hand, looks a bit more established and I might take the chance if I hadn't already participated in the ICO and was dying to buy LISK.
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 21/03/2016, 03:00:45 UTC
Thanks for the reply.  I thought Crypti would be done too.  But now I'm wondering why there's still 23M XCR that haven't gone into the Lisk ICO.

XCR looks dead. Lisk team will try to liquidate, they said, but, not sure what that will get them at this stage. XCR more or less functioned like an airdrop. I think the project is done now. Boris (XCR lead dev) will become an advisor to LISK.


Does anyone know what the Lisk team plans on doing with the XCR they receive?  Will they be selling it?  Also, does Crypti plan to continue on?  Thanks and sorry if these questions have been answered somewhere in the 200+ pages of this thread.

Anyone know the answer to these questions?  Thanks in advance.
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Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
tombstone2
on 21/03/2016, 01:38:17 UTC
Does anyone know what the Lisk team plans on doing with the XCR they receive?  Will they be selling it?  Also, does Crypti plan to continue on?  Thanks and sorry if these questions have been answered somewhere in the 200+ pages of this thread.

Anyone know the answer to these questions?  Thanks in advance.