Reasons why I think this Lisk hype is overhyped;
- Lisk is not the only game in town, ofcourse there is Ethereum, and now recently Rise as well
- Ethereum had a huge marketing campaign drawing in investors from outside the crypto community, Lisk is mainly focused on the crypto community
- There is a limited amount of money being pumped into crypto, currently there are a lot of ICO's, meaning competition
- I see a lot of hype but no constructive talk about Lisk technology, which is basically a bad sign
Did I forget anything?
Don't get me wrong, I think Lisk will see a nice profit, just don't believe it will go the Ethereum way, maybe in the very long run...
Keep in mind that the forum here does not reflect what is really happening. The lisk forum and chat are the best places to see all the innovation and movement.
On another note: As scammers realize the potential gain, they will change their model. We have moved from shitcoin clones to ico clones in this new era. Only a few real projects will make it, and those with project plans and legitimate funding have a chance. Everyone in cryptoland is just hedging their bets and the scammers are having a great lunch.
Eth has entrenched enough to stay for awhile. ( Still lots of huge wallets in eth that doesn't support the price point, but if markets made sense we wouldn't need to be here.)
Lisk has a chance to build a marketshare and deliver something useful. It would be nice if the LISK ico orderbook was open for all to see so that we could verify that no strangeness went on during the ico stages. That would increase the trust with the community.
carry on.
Ed
